Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. Today, we find ourselves in the middle of a risk management case study. News coverage showcases the differences between logistics and supply chain management. China was the source of over 90% of PPE.) My last post on the Supply Chain Shaman blog was forty-five days ago.

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Download the White Paper: Over the Road Freight Management Trends. transportation management optimization ?to

Prescriptive Analytics Software 308

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Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030.

Sourcing Strategies 60

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ivalua

JUNE 1, 2022

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Balance supply chain risk and resilience with ROI. Create speed and transparency.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Manufacturing Procurement 130

Supply Chain Matters

OCTOBER 12, 2022

The Logistics Managers Index Report® , compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP) , reported a September value of 61.4,

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

ivalua

MARCH 16, 2021

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Balance supply chain risk and resilience with ROI. Create speed and transparency.

Manufacturing Procurement 130

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Supply Chain Matters

APRIL 4, 2024

Supply Chain Risk Management Provider Avetta Acquired Stockholm based private equity firm EQT has reportedly agreed to acquire supply chain risk management software technology and managed services provider Avetta from existing private equity owners Welsh, Carson, Anderson & Stowe ( WCAS ).

Supply Chain Design Software 40

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ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Let’s think back on demand forecasting and warehousing management.

Optimal Sourcing 78

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ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

QAD

FEBRUARY 7, 2023

Supplier relationship management falls under the larger supply chain management function your business requires to operate. Not to be confused with supplier risk management, supplier relationship management refers more to effectively managing supplier relationships to achieve better business outcomes.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

BlueYonder

SEPTEMBER 6, 2022

While demand volatility was a primary risk factor over the past two years, today supply-side uncertainty is a fast-growing concern, causing supply chain disruptions and resulting in product shortages for some companies and excess inventory for others. Supply-side risk and disruptions are taking many forms.

Supply Chain Planning Software 52

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GlobalTranz

AUGUST 6, 2018

Supply chain risk is at the forefront of supply chain executives’ minds. Proper risk management can help supply chains navigate the complexities of post-hurricane recovery and increase productivity. Home Depot’s work in risk management served to increase profitability in the aftermath of the 2017 hurricane season.

Resource Reduction 121

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Supply Chain Matters

DECEMBER 28, 2023

Over time, B2B Supply Chain Networks have been implemented to provide what are sometimes termed as supply chain control tower focused capabilities that address enhanced supplier intelligence and risk management, or industry specific transactional and business process collaboration.

Supply Chain Planning Software 59

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Unleashed

MARCH 23, 2021

This is where materials management comes in – and materials managers themselves. But what do materials managers do, and why are they important? What is materials management? Defining materials management. The main responsibility of a materials manager is to source the right goods at a reasonable price.

Material Savings 98

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Talking Logistics

JANUARY 8, 2016

INTTRA Collaborates with JDA Software for Streamlined Transportation Management. LoJack SCI and TransVoyant Partner to Deliver Supply Chain Risk Alerting. Transervice Announces Launch of Tech-Based Freight Management Company. Sales Downshift at Heavy Truck Makers ( WSJ – sub. FAA says 181,000 U.S.

Logistics Network Optimization Software 100

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Supply Chain Matters

JULY 15, 2022

Sourcing was both a cost as well as landed cost decision factor. The company lacked visibility to inbound inventory and a third-party logistics provider’s tracking systems were not aligned to Peloton ’s customer service support needs. The company’s inventory levels of unsold equipment have reportedly swelled to over $1 billion.

Sourcing Strategies 105

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Supply Chain Game Changer

FEBRUARY 27, 2019

Inventory Turnover Breakthrough … Go Back To The Basics! Change is inevitable in modern supply chain management, and risk management is essential to success. Risks evolve and become more prevalent with time. Risks exist in land, air and ocean freight. Email Address. Extreme Weather Events.

Supply Chain Planning Software 57

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Enterra Insights

JANUARY 31, 2022

Ralf Seifert, as Professor of Operations Management at the Institute for Management Development (IMD), and Richard Markoff, a supply chain researcher, consultant, coach and lecturer, believe that assessment is too harsh. They also show how critical the sourcing and movement of goods are to businesses and economies as a whole.

Supply Chain Planning Software 130

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Supply Chain Matters

OCTOBER 10, 2023

This start-up was founded by Matt McKinney and Shaosu Liu, both of whom had backgrounds at Uber Freight and decided to tackle the massive problem of building a new structure for the legacy freight payment system that supports the global supply chain.

Supply Chain Planning Software 52

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ToolsGroup

FEBRUARY 7, 2021

On the supply side, in 2014, I remember that DHL was talking about resilience where everyone was wondering what that really meant and how to set up the risk management globally. I spoke about the DHL resilience or risk management. And I think now every company would be happy to have something like that.

Predictive Analytics Software 295

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SYSPRO Smarter ERP

APRIL 13, 2022

Where energy extraction is upstream, and freight and transportation midstream, the impact of the military conflict will also be felt in industries where oil and gas are refined and used to make rubber, preservatives, plastics, containers and many other products that play an important role in the agricultural and medical fields.

Supply Chain Planning Software 111

Supply Chain Planning Software Price Reduction Cost Reduction Strategies Material Savings 111

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. However, inventory is also an essential asset for many businesses.

Asset Management 130

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Resilinc

MARCH 30, 2021

For example, companies that achieve high levels of maturity and visibility in their SCRM program can reduce their inventory buffers (over and above lead-time buffers). The chart below shows five of the top sources of ROI from an SCRM, including event-related savings and ongoing sources of value. Reduction in Freight expediting.

Supply Chain Planning Software 62

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Supply Chain Shaman

MAY 13, 2015

I knew nothing about the world of logistics, inventory management and order optimization. Warehouse Management and Transportation Management were in their infancy. (I Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed.

Supply Chain Design Software 150

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Freightos

AUGUST 26, 2015

So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. is one of the industry’s most respected logistics sources. If you’re like me, staying up to date on supply chain news is critical. wsjlogistics.

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

Supply Chain Matters

AUGUST 11, 2022

In our Part Two look back commentary , we observed efforts and activities by businesses directed at restoring more direct control of supply network materials sourcing. At the end of 2019, prior to the onset of the Covid-19 global pandemic, this index stood at $1,832 per TEU.

Predictive Analytics Software 52

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GlobalTranz

APRIL 6, 2015

However, complex supplier relationships, unreliable sources of material supply, and ever-increasing customer expectations greatly add to the expectations to select the best suppliers and conduct their operations more efficiently. 3) Risk Management. One of these trends, in addition to inventory keeping, is dual/multi-sourcing.

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Trends Supply Chain Planning Software 120

Supply Chain Matters

FEBRUARY 23, 2023

Supply Chain Matters highlights the increasing realities of declining global trade and freight rates that are occurring in the first-half of 2023. Vincent Clerc, the new incoming CEO of Maersk indicated to Bloomberg: “ The world is facing a significant inventory adjustment after a period where demand has been absolutely exceptional.

Negotiating Skills 52

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ShipBob

JULY 28, 2023

It includes critical information such as a comprehensive inventory of the shipment’s contents, the shipping and receiving parties, and the destination. Freight The term “freight manifest” is often used interchangeably with “cargo manifest,” as they serve similar purposes.

Shipping 52

Shipping Cargo Material Savings Third Party Logistics 52

Resilinc

FEBRUARY 21, 2023

So, you’ve been given the responsibility of your company’s supply chain risk and resiliency program. A comprehensive risk management program begins with data — mapping data to be specific. This information can come from various sources such a websites and public domain sources. Where to start?

Optimal Sourcing 62

Optimal Sourcing Supply Chain Optimization Sourcing Strategies Supply Chain Strategy 62

NC State SCRC

OCTOBER 5, 2022

The good news is that ocean freight rates will start trending down somewhat. Dual sourcing and longer term contracts – This is always a challenge. Digitization of supply chain management – investing in risk management platforms like Resilinc is becoming an important element of risk management.

Conference 52

Conference Ukraine Global Purchasing Skills 52

Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Enterra Insights

JULY 25, 2019

Managing trade documentation. Managing supply chain risk. Managing demand and supply planning. Managing inventory. Managing freight transportation. Managing product returns. Tracking payment information, such as purchase orders. Sharing information with customers.

Supply Chain Planning Software 100

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ModusLink Corporation

DECEMBER 13, 2022

However, the instability around the risk of recession remains, and knowing the top supply chain trends to watch in 2023 will help your organization prioritize operations and succeed. Cybersecurity Risk Management Will Grow More Important in Omnichannel E-Commerce. Cybersecurity risks are a prevalent fact in today’s supply chain.

Agile and Lean Supply Chain 78

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MIT Supply Chain

AUGUST 17, 2021

For example, the 2010 Eyjafjallajökull volcano eruption in Iceland caused a primary loss of freight transportation capacity, but that loss also robbed many companies of supply capacity. Source: James B. Often, backup inventory and garden-variety expediting measures can ensure that the supply chain maintains continuity.

Capacity 52

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Enterra Insights

NOVEMBER 29, 2018

Billal Chouli explains, “A supply chain is a network of suppliers, manufacturers, and retailers, as well as intermediaries including freight companies, warehousing companies, and brokers, who transfer goods, services, money, and information amongst one another. “Supply chain management isn’t easy,” Turbide notes.

Optimal Sourcing 100

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Supply Chain Shaman

JANUARY 28, 2015

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). What suppliers need help with cost (LEAN, labor, freight,…)? We are targeting much improved end-to-end planning in response to multiple demand sources.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150