ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Why is visibility so important?

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

GlobalTranz

APRIL 30, 2021

CVSA-certified inspectors will commit a blitz of inspections across North America, creating a sudden strain on resources for both domestic and cross-border freight. The best way to avoid disruption is to source and have readily available resources to expand capacity at a moment’s notice.

Resource Reduction 297

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ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

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

NC State SCRC

MAY 30, 2022

A new study that the SCRC published with GEP examines the increasing pressure that supply chain executives are getting when it comes to responding to supply chain disruptions. In this study, we explore the primary forms of misalignment that exist between supply chain and procurement executives. (We

Supply Chain Execution 98

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Jaggaer

APRIL 14, 2020

Can the complex global supply network survive the COVID-19 pandemic? Define your procurement response strategy. In the retail sector, supermarkets in many countries have seen their highest weekly sales ever, as consumers stock up on goods that they fear may be in short supply. JAGGAER (@JaggaerPro) April 9, 2020.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important?

Manufacturing Procurement 130

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

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. to avoid significant supply chain disruption.

Prescriptive Analytics Software 308

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Supply Chain Matters

MAY 20, 2022

As developments regarding industry supply chain disruptions continue unabated, businesses now increasingly face the sting of higher supply chain and transportation driven costs impacting the bottom line. One of the high-flying start-ups that is addressing the needs of smaller regional fleets is Uber Freight.

Sourcing Strategies 97

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Logistics Viewpoints

DECEMBER 5, 2022

While not completely protecting them from the supply shocks that occurred during the pandemic, it allowed them to respond to their customers with greater speed and agility, manage costs, and provide options when a supply chain disruption occurred. That increases the value of the analytics used by the procurement team.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Logistics Viewpoints

MARCH 2, 2023

Closer to home for supply chain professionals, driver shortages continue to plague the industry. Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. With the right data you can reduce your overall transportation costs, both accessorial costs and overall freight spend.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

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

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

AFFLINK

AUGUST 17, 2022

The purpose of any supply chain is to get materials from the point of origin to the place of need as quickly and inefficiently as possible. In today's market — now pockmarked by erratic supply chain disruptions — fulfillment is easier said than done.

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Software Optimal Sourcing Demand Planning Software 62

ToolsGroup

MARCH 17, 2020

Macro events like the Coronavirus crisis trigger demand volatility that affects every link in your global supply chain—from the raw materials you procure to setting safety stock levels to planning logistics and promotions. One US-based ToolsGroup manufacturing customer sources parts from several Chinese and Italian suppliers.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

EC Sourcing Group

NOVEMBER 15, 2022

A critical aspect of the following supply chain best practices is to have intuitive procurement software that provides insights and analytics to help navigate the uncertainty and make the best decisions for the future. Supply Chain Best Practices : The Effect of Inflation on Procurement & the Supply Chain.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimal Sourcing 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

This article explores 10 possible areas in which can help at each stage of the flow in Supply Chain Management. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Freight Management. Returns and Refunds Processing.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Supply Chain Matters

MAY 22, 2023

Supply Chain Matters highlights continued evidence that the U.S. 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.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

ivalua

MARCH 31, 2020

A March 11 analysis by trading platform Forex.com claimed that nearly 75% of all companies had already reported supply-chain disruptions, with more than 80% believing that at some point they would experience impacts as a result of COVID-19 disruptions.

Supply Chain Design Software 130

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

Supply Chain Matters

JULY 15, 2022

The supply chain supporting the delivery of equipment is the de-facto facilitator of this business model. Sourcing was both a cost as well as landed cost decision factor. Consumer anticipation was thus compounded by a developing global supply chain disruption. Timing was a further crucial factor.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Resilinc

OCTOBER 23, 2023

Read on to hear Craig’s expert insights on the current landscape and what companies can do to accelerate supply chain resilience in the midst of increased supply chain disruptions. Tell us a bit about your background in Life Sciences.

Pharmaceutical 53

Pharmaceutical Manufacturing Procurement Material Savings Supply Chain Strategy 53

Supply Chain Matters

MAY 10, 2022

based Pilot Freight Services for a reported 47.1 Reporting on Maersk’s latest quarterly financial performance, Bloomberg noted that about 71 percent of the company’s container freight business is now locked into long-term contracts, an indication of less exposure to the volatility of spot market ocean freight rates.

Freight 52

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QAD

FEBRUARY 7, 2023

The need for effective supplier relationship management is arguably greater than ever due to supply strains of geopolitical issues, chip shortages, port congestion and other supply chain disruptions. However, there are some ways those in charge of SRM falter, causing SRM to become difficult or not as beneficial.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

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. . Prediction Background. Higher cost levels will need to be mitigated or reduced.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” less likely to be affected by supply chain disruptions.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Supply Chain Matters

JUNE 13, 2023

The Supply Chain Matters blog highlights a recent technology provider survey indicating that there appears to be little signs of traditional second-half peak period demand for container shipments. Background In a prior Supply Chain Matters commentary published in May , we highlighted that the U.S.

Survey 52

Survey Demand Planning Software Supply and Demand Panama 52

Supply Chain Matters

OCTOBER 25, 2022

It is becoming clearer that supply chain procurement and logistics teams elected to route import shipments thru either U.S. Similarly, WSJ separately reported that trucking freight operators now indicate that the traditional peak shipping season is crumbling as overstocked retailers cancel any new inventory orders.

Ukraine 52

Ukraine Supply Chain Planning Manufacturing Procurement Los Angeles 52

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. That is because so many products and/or services are predicated on global supply network movements. be able to service key regions and markets.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Cost Reduction Strategies Supply Chain Strategy 52

Logistics Bureau

MARCH 19, 2020

A study of the tactics employed by companies falling into category 2 may provide lessons in shrewd supply chain management that we could all learn from. Companies That See Supply Chain Disruptions as Challenges. General Motors: Has airlifted supplies for its North American truck production.

Pharmaceutical 52

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 52

Supply Chain Matters

MAY 23, 2022

Regarding perspective, between December 2021 and March of this year, the index reflected an easing of global supply chain pressures. The authors point to the delivery time disruptions occurring in China , an increase in air freight costs from the U.S. is only a half-point lower than the metric’s all-time average of 74.4).

Supply Chain Optimization 59

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Precoro

MARCH 22, 2023

Keep reading to find out more about: What supply chain disruptions are Causes of supply chain disruptions Examples of supply chain disruptions Impact of supply chain disruption How to overcome disruptions in the supply chain What are disruptions in global supply chains?

Manufacturing Procurement 52

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

QAD

DECEMBER 16, 2021

The global supply chain is facing a perfect storm of challenges, and dealing with it, according to GE CEO Larry Culp , “really is akin to playing Whac-A-Mole.” And the current global supply chain disruptions may be sticking around longer than we might think. As one headache is eased, another pops up.

Supply Chain Disruption 95

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Supply Chain Matters

APRIL 1, 2022

Regarding claims that the supply chain would have recovered by now: “ I’ve never seen it so chaotic, honestly, from an execution point of view, whether its construction, sourcing, manufacturing, shifting supply chains or freight. Everything is a little out of sync right now. ”. Additional Thoughts.

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Material Savings 52

Supply Chain Matters

NOVEMBER 14, 2023

Moeller Maersk in conjunction with the reporting of Q3 quarterly financial performance announcing that the company will cut more than 10,000 jobs amid a current surplus of shipping vessels, sharply lower freight rates and contracting levels of shipping demand.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Cost Reduction Strategies 52

Supply Chain Matters

FEBRUARY 14, 2024

Reportedly, executives made clear that the Red Sea disruption has affected slightly over one-third of the carrier’s shipping volumes. Scenario and simulation based planning methods that quantify and weight various short and longer term impacts of global events toward key business metrics.

Transportation 52

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Supply Chain Matters

AUGUST 7, 2023

While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost. Last week we cited a report by The Wall Street Journal indicating that the CEO of the globe’s largest freight forwarder, Kuehne + Nagel , indicated that “ There’s no peak season to be expected in 2023.”

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

ToolsGroup

APRIL 1, 2022

In 2021, 87% of Americans were negatively impacted by the supply chain. 75% of companies felt negative or strongly negative impacts on their business due to supply chain disruption ( Accenture ). In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020.

Material Savings 207

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6 River Systems

JULY 9, 2019

Today’s global supply chains are increasingly complex, making a data-driven approach to supply chain management a must. Data-driven SCM provides visibility from end to end for monitoring the flow of information, services and goods from procurement to manufacturing and delivery to the end consumer.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 40

Supply Chain Matters

MAY 3, 2022

Production growth reportedly was weighted down by ongoing severe supply chain disruptions widespread materials and component shortages. Added Supply Chain Matters Observations and Insights. Panelists reportedly pointed to lengthened del ivery times.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52