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Alex Zhong, Director Product Marketing at GEP. GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization.
Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. Such a gap is problematic, as it could lead to higher costs, longer cycle times and less resilience.
Source: J.P. Global Manufacturing PMI Global Trade as a Barometer Clearly domestic business activity is much larger than international trade. The report for August (released in late September) shows negligible changes in the aggregate. ManufacturingPurchasing Managers Indexes The J.P.
This article is from Chetan Chaudhari at GEP and examines the ongoing aluminum can shortage. This shortage and sudden uptick in demand weren’t something that most can manufacturers were prepared for. Many breweries were also reported to be paying premiums to purchase cans just to meet their immediate needs.
eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.
Today, there are few efficiencies to wring out of the four walls of manufacturing plants, but massive white space opportunities in the daily activities that supply chain planners, buyers, and contract officers undertake. This is where the opportunities lie ahead. Should We ?
Supply Chain Matters provides our monthly highlights commentary reflecting on May 2023 reported global and regional PMI indices. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P.
The procure to pay focus may continue, but other types of COE activities are layered on top, building on progressively more sophisticated activities such as KPI development, category intelligence support, risk management, contract management, and predictiveanalytics.
We now share excerpts of Prediction Two likely to be one of the more longer-term consequential predictions, that which is related to supply network strategic and tactical sourcing strategies. Prediction Two Increased import tariffs and trade conflict policies of a second U.S. or other global companies. billion in funds.
The Supply Chain Matters blog highlights this weeks published index data that reinforces that North America based manufacturers have initiated unseasonal forward loading on inventories. This weeks published report was an overview of November 2024 activity levels on a regional basis. as firms anticipate higher imported costs.
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