SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 78

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GlobalTranz

FEBRUARY 20, 2018

In today’s blog post we continue our look at the logistics technology trends that will shape 2018. In this post, will go to how shippers and logistics providers will lean on 6 more trends to make gains in the months to come. Autonomous trucks and drones are the 800-pound gorilla in logistics technology trends. download ebook.

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AFFLINK

AUGUST 17, 2022

However, doing so is virtually impossible without tools and automation technologies that provide a more granular level of visibility into customer needs and market trends. Automation in manufacturing can help be the driving force to lift some of the burden felt by many distributors across the globe. Top Distributor Challenges: 1.

Manufacturing Procurement 62

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Supply Chain Matters

APRIL 7, 2023

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. That is not good for retailers and manufacturers, each under the looking glass to reduce not only transportation but also inventory carrying costs. All rights reserved. The post U.S.

Freight 52

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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. Warehouse and distribution managers and procurement professionals will need to start thinking about managing the customer experience better. <[link].

Agile and Lean Supply Chain 78

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GlobalTranz

FEBRUARY 8, 2017

“The problem with trends is that they are like a freight train gaining speed; everyone can see the train, but at what point do you say the train is really moving at speed?” – Steve Banker from a recent Forbes article. Now, not all of these trends are moving at the pace that technology is moving.

Supply Chain Software 120

Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software Trends 120

GlobalTranz

FEBRUARY 13, 2017

Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025.

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GlobalTranz

APRIL 6, 2015

Look at these 7 supply chain trends as a guide to better your supply chain today. In this article, Professor Burcu Keskin from University of Alabama will share 7 supply chain trends that working professionals should watch. INFOGRAPHIC] 7 Supply Chain Trends as Laid out by Supply Chain Expert. 2) Connected supply chains.

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GlobalTranz

JANUARY 4, 2016

As we head into a new year it is a good time to take a look at the coming year and see what it may hold in the way of trends. We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

The Logistics of Logistics

NOVEMBER 5, 2021

miles of freight is expected to reach 7.67 Steve works closely with leading manufacturers, retailers, logistics service providers, and technology firms. He is also the Founder and Co-Director of the MIT FreightLab – a research initiative that works on improving the way freight transportation is designed, procured, and managed.

Logistics Network Optimization Software 147

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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

Negotiating Skills 52

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The Logistics of Logistics

SEPTEMBER 23, 2022

Jeff is the CEO of Tucker Company Worldwide , the oldest privately-held freight brokerage in North America, specializing in notoriously complicated freight, like temperature-controlled, oversized, and high-value, high-security shipments. Jeff Tucker and Joe Lynch discuss the Breakbulk Americas conference. About Jeff Tucker.

America 182

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Logistics Bureau

NOVEMBER 1, 2021

Does your supply chain depend on container freight shipping? At Logistics Bureau, we have supply chain consultants available to help you improve volume forecasting and attain the most favourable container freight rates possible, even during this period of pandemic-induced turmoil. Adjust to a Carrier-centric Freight Market.

Forecasting 78

Forecasting Negotiating Skills Cost Reduction Strategies Freight 78

Supply Chain Matters

APRIL 4, 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 showing signs of stabilizing at the conclusion of Q1. That stated, the reported 49.6

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

Supply Chain Matters

MAY 23, 2022

The Supply Chain Matters blog continues to highlight for readers specific global and regional supply chain indices that depict both trending production activity levels, as well as supply chain volatility. 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

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The Logistics & Supply Chain Management Society

AUGUST 15, 2021

Recent trends have also seen many companies switching to plastic pallets due to its effectiveness and longevity in terms of usage. As a matter of fact, the smog generated from refineries to extract polymers from crude oil to manufacture plastic is already posing a major health and environment risk to us!

Material Savings 246

Material Savings Waste Reduction Cost Reduction Strategies Manufacturing Procurement 246

Freightos

JANUARY 12, 2016

How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Two Trends Are Threats To The Industry. Declining Freight Rates.

Freight 102

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Logistics Viewpoints

DECEMBER 5, 2022

The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. Molex has more than 80 manufacturing facilities around the world supported by an 18,000 strong supplier eco-system that provide raw materials, electronic components, and services. The Molex Supply Chain. The Advantages of Agility.

Agile and Lean Supply Chain 196

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Freightos

NOVEMBER 11, 2021

Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. More on Maersk’s transition to an end-to-end provider can be found in this 2020 report.

Price Reduction 177

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SYSPRO Smarter ERP

NOVEMBER 30, 2021

Ask manufacturing leaders what changes they plan to make in the next three years in the wake of the coronavirus pandemic, and they will likely say their use of technology will deepen as more and more players in their supply chains come to rely on digital connections for daily interactions. Talent gaps: ? Legacy systems:? Managing Inventory.

Forecasting 105

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The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supply chain operations, will increase their revenue by 20 percent in 2025. Dynamic routing has empowered logistics providers to consider plans B, C and D, offering alternative options of ocean and air freight cargo.

Supply Chain Planning Software 223

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GlobalTranz

FEBRUARY 7, 2018

We expand upon the supply chain technology trends we spoke about in the first part of this blog series, but let’s take a look at 5 more supply chain tech trends that will shape 2018. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper.

Supply Chain Design Software 170

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Supply Chain Shaman

APRIL 15, 2020

This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain. Figure 1 shows a market-by-market planning model by a sinus drug manufacturer. This type of planning needs to be deployed by all consumer manufacturers.

Supply Chain Planning Software 427

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GlobalTranz

DECEMBER 27, 2017

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. e-Book] The Digital Supply Chain: The Landscape, Trends, Types, and the Application in Supply Chain Management.

Supply Chain Software 151

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Supply Chain Movement

NOVEMBER 6, 2014

Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. Manufacturers. Events Clarion Events distribution managers event freight transport logistics Multimodal NEC Birmingham procurement directors shipping managers Supply Chain Directors traffic managers'

Manufacturing Procurement 79

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The Logistics & Supply Chain Management Society

JULY 16, 2023

This trend is also better known as the evolution of halal or when applied to an organisation: the corporate halal maturity. The answers to these Muslim consumer needs and wants are in the alignment of the corporate halal maturity with these halal market trends and embracing more advanced halal standards by brand owners.

Risk Management 130

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Supply Chain Matters

APRIL 10, 2024

The commentary provided added perspective regarding the Covid related population restrictions in late 2023 that led to meaningful production disruptions occurring with Apple’s largest contract manufacturing facility producing the latest generation of iPhones. and an expanding ban on the use of foreign technology in the workplace.”

India 59

India Manufacturing Procurement Report Sourcing Strategies 59

Resilinc

OCTOBER 23, 2023

Do you currently work primarily with Life Sciences clients at Resilinc? I have nearly 30 years of experience as a global procurement and supply chain leader in High-Tech and Life Sciences. There is also accelerated work to reduce dependency on India and China for bulk APIs and generic drugs.

Pharmaceutical 53

Pharmaceutical Manufacturing Procurement Material Savings Supply Chain Strategy 53

Supply Chain Matters

JULY 7, 2023

Similar trends were highlighted in our Supply Chain Matters summary of the May 2023 LMI report. There are pf course, some regionally based exceptions but the trend appears to now be moving downward. This trend is evident in the latest June 2023 global wide PMI reports with inventory and supplier lead times generally shrinking.

Negotiating Skills 52

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The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

In fact, today several leading halal production standards (like the Indonesian and Malaysian halal standards) are already requiring a segregation between halal and non-halal in transport and storage for halal certified manufacturers. De-Carbonising Road Freight Operations: Bridging the Know-Do Gap. MORE FROM THIS EDITION. Green Skies?

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

Supply Chain Matters

OCTOBER 25, 2022

Corresponding signs that there will likely be no traditional peak shipping season this year were reinforced by a Bloomberg published report declaring that these trends spell the end of the shipping boom. It is becoming clearer that supply chain procurement and logistics teams elected to route import shipments thru either U.S.

Ukraine 52

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Supply Chain Game Changer

SEPTEMBER 13, 2022

Even under those assumptions, procurement of all electrical components will remain challenging. Nonetheless, the following are outlooks by product type, followed by some suggestions for procurement going forward. So, to survive, it is crucial to understand the history and to be fluent in market trends for the future.

Negotiate Pricing 85

Negotiate Pricing Purchasing Skills Negotiating Skills Price Reduction 85

Enterra Insights

JANUARY 26, 2022

” She adds, “These numbers prove to be a huge gain for those concerned with effective management of their supply chains — like manufacturing and distribution companies. ” Three specific areas where RPA can improve processes are: • Procurement. 2) RPA provides an ROI of 30-200% in its first year. (3) ”[5].

Supply Chain Software 130

Supply Chain Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics Software 130

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

ShipBob

APRIL 26, 2023

It involves all the activities related to the sourcing and transportation of raw materials needed in the manufacturing process. Meanwhile, the downstream supply chain involves activities post the manufacturing process, which would mean getting the finished goods to the end consumer.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

DynaSys

JANUARY 21, 2020

By utilizing optimization techniques, we have sought to minimize procurement costs absorbing larger order quantities and longer lead-times; we plan for longer manufacturing runs to drive a higher return on assets and full-container load land and marine freight to reduce transportation unit costs.

Sourcing Strategies 94

Sourcing Strategies Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software 94

Supply Chain Matters

OCTOBER 12, 2022

In this Supply Chain Matters posting we highlight published September 2022 indices of global supply chain volatility ( GSPI ) and US Logistics Index ( LMI ) activity trends along with our view of the implications. The takeaway for September was that global manufacturing activity officially fall below the 50.0 Logistics Managers Index.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59