ivalua

APRIL 22, 2021

While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supply chain and procurement industries. Overall, while relocating may be an investment at first, many procurement leaders agree that the benefits of having a supply chain closer to home are worth it.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Manufacturing Procurement Supply Chain 130

Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. The LMI has now declined 6.7 The two U.S.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

SCMDOJO

JULY 13, 2022

To help answer this question and reduce time wastage going through multiple platforms, we ran a survey based on recommendations provided by several professionals on supply chain job boards, including those I have tried over time. National Association of Educational Procurement. National Association of Educational Procurement.

Supply Chain Design Software 112

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 112

Logistics Viewpoints

AUGUST 29, 2022

For AGCO, a public company with over $11 billion in revenues, a supply chain risk management application helped the agricultural equipment manufacturer stay agile during COVID. One of the players in this market, Resilinc, is monitoring 105 million data sources. AGCO Stayed Nimble during the Pandemic. This data needs to be curated.

Risk Management 194

Risk Management Supply Chain Planning Software Supply Chain Design Software Supply Chain Risk Management 194

The Logistics & Supply Chain Management Society

JULY 16, 2023

Halal risk management practices of most companies are passive, meaning it is limited to the compliance of suppliers and their own (manufacturing) operations based on the requirements of the halal certification body and their halal standard(s). On the other hand, halal risks in the entire supply chain are not on their radar screens.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

EC Sourcing Group

NOVEMBER 23, 2021

A Request for Proposal (or RFP as it is more commonly known) is one of the most important pieces in sourcing and procurement and the overall supply chain. However, this can be a tedious process if you’re still sourcing using spreadsheets or haven’t made your procurement process digital quite yet. Ocean freight.

EC Sourcing 52

EC Sourcing Material Savings Manufacturing Procurement Price Reduction 52

The Logistics of Logistics

JUNE 23, 2022

With Russia exporting many critical commodities, Deloitte explained, there are insufficient raw materials for supply and manufacturing use. Shippers that do not yet have a plan in place are more likely to find most of their freight moving through the spot market in Q3 and Q4.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

Supply Chain Matters

MAY 5, 2023

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMI® , compiled by S&P Global in association with ISM and IFPSM , provided a banner headline of global manufacturing output edging only slightly higher. That stated, the reported value of 49.6 declined 1.5

Manufacturing Procurement 52

Manufacturing Procurement Global Supply Chain Optimization Supply Chain Strategy 52

Supply Chain Matters

MAY 3, 2022

In this Supply Chain Matters commentary, we highlight the latest quantitative data related to global manufacturing PMI activity levels for April. Global Manufacturing Output Levels Declined. The Global Manufacturing Output sub-index reportedly dropped to a contraction value of 48.5 According to the J.P. value, up from 53.1

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

MIT Supply Chain

MARCH 8, 2021

Why the Truck Market’s Sharp Turn Caught the Freight Industry by Surprise The MIT FreightLab’s latest industry roundtable explored the drivers behind today’s extremely tight market for truck capacity and the broader implications for supply chains. However, in U.S. We are not getting a break anywhere,” commented one shipper.

Freight 52

Freight Supply Chain Planning Software Industrial Industry 52

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. This new behavior means that manufacturers and retailers need to anticipate consumer needs across channels with more accuracy than ever. While driving a projected $14.1

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

GlobalTranz

FEBRUARY 7, 2018

While most brands have already integrated live system tracking, secure data exchange processes, and visibility and traceability throughout systems, the use of cloud-based technologies will begin to have a major impact on procurement processes as well, says Marc Wins of Procurement Academy.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Optimization Software 170

SCMDOJO

APRIL 22, 2024

Among surveyed respondents, nearly 97% of industrial product companies saw disruptions during the pandemic. The price of container freight rates surged while the entire world was having to deal with delays. Read more about The Challenges and Opportunities of Implementing Artificial Intelligence in Procurement at our website SCMDOJO!

Inventory Reduction 77

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 77

CH Robinson Transportfolio

SEPTEMBER 28, 2021

Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains. To help offer perspective, we took this question to Jason Miller, associate professor of supply chain management at Michigan State University. for Q2 2021, relative to Q2 2018.

Michigan 82

Michigan Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 82

Supply Chain Opz

JUNE 23, 2014

4) Combine Multiple Methods Sometime you have multiple sources of forecast data (your own forecast from historical data, forecast adjusted by sales team, forecast from customer) what you should do in this case? 6) Obtain reasons for forecast adjustment A sales team tend to make a forecast adjustment without adequate market information.

Inventory Management Software 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

Intelligent Audit

JANUARY 11, 2022

Ultimately, it “ allows companies to generate a four-to-five-times return on investment by partnering with one service partner to support all or part of their supply chain needs, including procurement, production control, manufacturing, quality, warehousing, and logistics.

Supply Chain Planning Software 52

Supply Chain Planning Software Prescriptive Analytics Software Logistics Network Optimization Software Predictive Analytics Software 52

AFFLINK

FEBRUARY 10, 2016

In one survey of businesses using the technology, 40% of respondents said that freight costs would rise by 5-10% if they had to give up their TMS, and 23% said costs would increase by over 10%. The manufacturing and supply chain sectors already understand and capitalize on the primary benefit of the IoT: real-time visibility.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 72

Supply Chain Game Changer

AUGUST 19, 2022

In a 2021 Statista survey, over half of businesses surveyed found the supply chain disruptions to be extremely challenging , with faster response time as the most difficult hurdle to conquer. The journey from idea to end product to shipment and delivery is exciting, yes, but rather complicated — fueled with many moving parts.

Supply Chain Planning Software 97

Supply Chain Planning Software Vendor Strategies Supply Chain Network Software Optimization Software 97

Supply Chain Matters

JUNE 9, 2023

Supply Chain Matters highlights for readers a published report noting how various manufacturers are seeking and establishing added resiliency and control of component and production networks. That would include alternatives to China under the umbrella of China Plus sourcing. We pointed out that in 2022, more U.S. billion in September.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Resource Reduction 52

Supply Chain Opz

MARCH 26, 2015

4) Combine Multiple Methods Sometime you have multiple sources of forecast data (your own forecast from historical data, forecast adjusted by sales team, forecast from customer) what you should do in this case? 6) Obtain reasons for forecast adjustment A sales team tend to make a forecast adjustment without adequate market information.

Inventory Management Software 100

Inventory Management Software Inventory Management Inventory Reduction Forecasting 100

Supply Chain Matters

MAY 23, 2022

The authors specifically make mention of geopolitics along with the ongoing effects of the pandemic impacting many manufacturing regions in China. The authors point to the delivery time disruptions occurring in China , an increase in air freight costs from the U.S.

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

Supply Chain Matters

APRIL 7, 2022

Part of this decrease may be attributed to temporary declining freight volumes as regions in Asia continue to deal with COVID-19 related suspensions of production, shipping or transport operations. Further, 86 percent of manufacturers indicate disruptions to trucking and shipping networks were impacting their supply chains.

Global Transportation 52

Global Transportation Logistics Network Optimization Software Cost Reduction Strategies Global 52

Locus

JUNE 2, 2023

Focus Procurement, receiving, storage, and inventory management. Activities Tasks such as supplier management, procurement planning, order placement, transportation coordination, receiving and inspection, warehousing, and inventory management. Order processing, fulfillment, transportation, and delivery.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Logistics Network Optimization Software Supply Chain Optimization 52

GlobalTranz

SEPTEMBER 14, 2016

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated. Use External Benchmarking Tools.

Material Savings 120

Material Savings Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 120

Precoro

MARCH 22, 2023

Such an interruption can affect any of the supply chain steps, often involving sourcing of raw materials, production, and distribution of goods or services. While the worst of the pandemic appears to be behind us, COVID-19's impact on manufacturing supply chains continues to reverberate the landscape. Diversify your suppliers.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Disruption Supply Chain Planning Software Material Savings 52

Enterra Insights

OCTOBER 10, 2018

Multiple people familiar with the matter say investigators found that the chips had been inserted at factories run by manufacturing subcontractors in China.” As the British journalist Rose George documents in her book Ninety Percent of Everything , some 100,000 enormous freight ships transport 90 percent of the world’s trade.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Design 100

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. For example, companies can track products throughout the entire lifecycle with RFID and GPS sensors.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

QAD

SEPTEMBER 3, 2020

The disruption caused by the COVID-19 pandemic has certainly increased the awareness among manufacturers for improved communication and collaboration with suppliers. Manufacturers require integrated supplier management to ensure the timely flow of goods and information. Supply Risks.

Supplier Management 65

Supplier Management Manufacturing Procurement Inventory Reduction Cost Reduction Strategies 65

Ware2Go

DECEMBER 16, 2021

Supply chain disruptions like freight delays may continue well beyond this year’s peak holiday shopping season. Freight delays have affected consumers and merchants alike. After 18 months of disruptions, the state of international freight was shaky at best heading into this holiday shopping season.

Freight 99

Freight Inventory Reduction Price Reduction Cost Reduction Strategies 99

QAD

DECEMBER 16, 2021

Manufacturers know all the issues: U.S. Because import freight is sitting on docks longer and warehouses receiving containers are backlogged, we’re also seeing a shortage of containers and chassis to move containers. IndustryWeek conducted a survey of CEOs in October 2021 to identify supply chain pain points.

Supply Chain Disruption 95

Supply Chain Disruption Optimal Sourcing Manufacturing Procurement Supply Chain Design Software 95

Infosys Supply Chain Management

NOVEMBER 28, 2011

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. More than one-quarter (25.7%) of Americans with tablet devices said they did or will purchase items with their devices and 37.4 Automotive. Communication Services.

Agile and Lean Supply Chain 28

Agile and Lean Supply Chain Pharmaceutical Supply Chain Planning Software Supply Chain Planning 28

The Logistics & Supply Chain Management Society

JULY 21, 2020

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

ShipBob

NOVEMBER 15, 2021

Similarly, meeting customer demands builds customer satisfaction and loyalty, increases the likelihood of repeat purchases, and usually leads to more sales. Procurement and manufacturing. Treat procurement and manufacturing as part of your logistics network , as opposed to a silo. Logistical Process. Planning tips.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

ToolsGroup

MARCH 9, 2021

So going into this new year, clearly, everything—all the data, all the survey data, everything—aligns to the fact that there’s going to be a lot of emphasis in this area. Mary Vasile: So let’s delve into manufacturing a little bit more. It’s no secret that COVID-19 had a pretty devastating effect on the economy.

Predictive Analytics Software 156

Predictive Analytics Software Supply Chain Planning Software Predictive Analytics Supply Chain Design Software 156

Unleashed

APRIL 12, 2023

For wholesalers and manufacturers, the sheer size of customer orders can make B2B fulfillment a serious challenge: Product volumes directly impact storage and management costs, and increase the damage done whenever mistakes are made. B2B procurement contracts can last for prolonged periods and be worth millions of dollars.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Design Software Supply Chain Software 52

6 River Systems

JULY 25, 2019

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

6 River Systems

JUNE 29, 2020

The next-gen supply chain model is a networked ecosystem – suppliers, partners, manufacturers, distributors and retailers will all have access to relevant cloud-based data to make the best decisions based on real-time signals.” China trade war has already put regionalization of manufacturing back on the table.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116