SCMDOJO

JUNE 21, 2023

It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources. Many companies buy forward inventory ahead of tariffs being implemented. This practice is illegal. Operational strategies. Buying forward. Relocating production from China.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Matters

SEPTEMBER 6, 2023

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The top producing nations by notion of highest PMI levels were noted as India, Indonesia, Myanmar, Greece and Russia. The inventories index decreased 2.1 Continued Contraction Levels for the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

ivalua

NOVEMBER 26, 2020

When it comes to factors like access to labor, it becomes an improbable task to reproduce a labor market the size of say China or India. We are now redefining the concept and levels of safety stock and strategic inventory within warehouses and at suppliers to ensure a bulwark against future disruptions. .

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

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. . In this Part Two posting, we provide highlights to Prediction Three outlined in our advisory.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

SCMDOJO

NOVEMBER 8, 2022

The Supply Chain Analytics Channel is funded by the Ministry of HRD government of India as part of its National Program on Technology Enhanced Learning (NPTEL). 3) CIPS – Chartered Institute of Procurement and Supply | 16.3k Procurement Jobs in Future. Procurement Jobs in Future. Subscribers. Subscribers.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 120

Supply Chain Matters

APRIL 4, 2023

However, we discern some added signs excess inventories and of production sourcing shifts. That is a positive sign Of continued interest was that India and Thailand indexes (included in our highlights below) reflected the quickest rates of expansion. China’s expansion was noted as marginal by the end of Q1.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

Requis

OCTOBER 30, 2020

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand. That’s been a massive trend.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

QAD

AUGUST 12, 2021

Let’s cover just three areas where ERP drives greater sustainability: Responsible Sourcing – Manufacturing ERP systems support efforts to identify responsible, sustainable sources of materials. Consider the effects of excess inventory and unnecessary shipments. And, ERP can – and does – play a strong role.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

Supply Chain Matters

JULY 20, 2022

front that retailers and certain businesses may have procured too much inventory , and now that these inventories have arrived, the challenge will be not to exposed to a decline in consumer buying activity in the months to come. There is further growing evidence on the U.S. percent of GDP to 6.2 percentage points from Q1 to Q2.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Supply Chain Strategy Supply Chain 98

NC State SCRC

APRIL 2, 2023

In many cases, this is known as “off-shoring”, when these services are located in places like Bangalore, India one of the more common locations for shared services. Services that can be shared among the various business units of a company include finance, purchasing, inventory, payroll, hiring, and information technology.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

ModusLink Corporation

NOVEMBER 18, 2021

When the product has a defect after its production, it is sent back to the inventory to reuse or recycle it. Sustainable procurement: consists of environmentally friendly purchasing that carry reduction, reuse, and recycle. Calcutta, India: IGI Global. Bangalore, India: Elsevier Ltd.8). Companies in India.

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

Supply Chain Matters

JUNE 5, 2023

That could signal even more added inventory exposures. Source: S&P Global Monthly PMI Reporting Highlights of Regional Reporting Continued High expansion in India Manufacturing activity levels across India remained at high expansion levels in May, outpacing all other regions. in April to 58.7

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Thailand 52

Supply Chain Matters

AUGUST 3, 2022

Also highlighted was that purchasing activity, stocks of purchases and finished goods inventories collectively rose in July. The top three regions exhibiting PMI growth were that of India, Australia and the Netherlands. The July S&P Global India Manufacturing PMI® reportedly rose to an eight-month high of 56.4, slipping 2.3

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

Supply Chain Matters

MAY 5, 2023

Of continued interest was that India and Thailand indexes (included in our highlights below) as leading in PMI growth during April. Output, new orders, employment and inventory stocks reportedly all contracted. India Manufacturing activity levels across India remained at high expansion levels in April.

Manufacturing Procurement 52

Manufacturing Procurement Global Supply Chain Optimization Supply Chain Strategy 52

Supply Chain Matters

OCTOBER 4, 2022

The orders-to-inventory ratio fell to another multi-year low last month as excess capacity continued to build at factories. Of particular concern, the New Orders sub-index declined more than 4 points, reaching a contraction value in September while the Inventories sub-index was 2.6 percentage points higher. South Korea.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52

Supply Chain Matters

MARCH 2, 2023

That stated, February’s activity appears to have regional specific connotations with upturns in production volumes across areas of Asia , specifically the ongoing re-opening of China ’s manufacturing sector, and upturns in India , the Philippines and Thailand manufacturing and supply chain activity levels.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Supply Chain Matters

JULY 6, 2023

Source: S&P Global Intelligence, July 2023 Highlights of Regional Reporting- Good and Not So Good Continued Production Expansion Across India Increased product demand and manufacturing activity levels across India during June outpaced all other regions. The S&P Global India Manufacturing PMI® fell from a value of 58.7

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Supply Chain Matters

DECEMBER 4, 2023

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. The S&P Global India Manufacturing PMI® rose from an eight month low level of 55.5 reported in October to 56.0 in November.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain Matters

OCTOBER 6, 2023

Reportedly, destocking activities increased with finished product and raw materials inventories decreasing by the end of the quarter. The S&P Global India Manufacturing PMI® however declined to a value of 57.5 The reported September PMI reported value 49.1 was relatively unchanged from the 49.0 value reported for August.

Manufacturing Procurement 59

Manufacturing Procurement Global Optimal Sourcing United Kingdom 59

LevaData

MARCH 16, 2023

Source: [link] This begs the question: What price should you be paying for your components? Across the globe, businesses are realizing traditional procurement tools do not possess the capabilities needed to address this new paradigm. Then the pandemic came and changed everything. An alternative approach is emerging.

Negotiate Pricing 52

Negotiate Pricing Negotiating Skills Real-time Visibility Price Reduction 52

Supply Chain Matters

SEPTEMBER 3, 2022

The top three regions exhibiting PMI growth were noted as India, Australia and Thailand. Similarly, raw material inventories are accumulating due to the sudden and unexpected drop in production volumes.”. . Excess inventory levels now remain a more cogent concern particularly among retail industry supply networks. South Korea.

Manufacturing Procurement 59

Manufacturing Procurement South Korea Manufacturing Global 59

Supply Chain Matters

JANUARY 8, 2024

Key Highlights in Regional PMI Reporting India’s Manufacturing Sector Declines Overall manufacturing activity across India declined in December after accelerating in November. The HSBC India Manufacturing PMI® ( renamed in December ) declined 1.1 India remains the hot spot for emerging market manufacturing economies.

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 52

Supply Chain Matters

DECEMBER 1, 2022

There are additional signs of a global glut in overall inventory levels, yet selective component shortages remain for certain industries. The decline in output was accompanied by a tick down in new orders as rising inventories have put the brakes on production.”. The S&P Global India Manufacturing PMI® posted a value of 55.7

Manufacturing Procurement 59

Manufacturing Procurement Global Modeling Optimal Sourcing 59

Supply Chain Matters

NOVEMBER 6, 2023

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. The S&P Global India Manufacturing PMI® slipped from a value of 57.5 down from the 49.2 in October.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. This combination has proven to be a lucrative target, but has also changed direction.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chain Matters

NOVEMBER 4, 2022

Morgan indicated, in part: “ With business optimism and the orders-to-inventory ratio also both dipping to their lowest levels in two-and-a-half years, the outlook for production remains downbeat.”. percentage points for October while the Inventories Index declined three percentage points. percent growth level reported for Q1.

Manufacturing Procurement 52

Manufacturing Procurement Report Global Manufacturing 52

Supply Chain Matters

MARCH 10, 2022

We further cited CMS provider Pegatron ’s announced manufacturing investment in India, and expansion in Vietnam. Noted was that the digital transformation of Lean practices requires new definition and direction for just-in-time inventory management flows.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement 52

Supply Chain Matters

SEPTEMBER 17, 2022

The company’s range of diverse business services spans many dimensions of industry specific logistics, inventory management, transport and last mile services. The sudden decline in consumer demand for either pandemic or other needed material purchases has caught many businesses with excess inventories and frankly, some surprise.

Cost Reduction Strategies 59

Cost Reduction Strategies Resource Reduction Inventory Reduction Sourcing Strategies 59

Supply Chain Matters

JULY 7, 2022

Noted in the June report was that among the five sub-indexes that constitute the manufacturing PMI , the production index, new order index and supplier delivery time index were all above the 50 threshold, and the raw material inventory index and employee index were all below. for June, compared to a reported value a value of 48.1

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

Requis

NOVEMBER 18, 2020

Today, as the founder and managing partner of USM Supply Chain Consultants she has put her expertise in supply chain, procurement, finance and project management to work to help her clients achieve greater profitability. In the end-to-end supply chain there’s procurement, logistics, operations, and warehousing.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

SYSPRO Smarter ERP

JULY 12, 2022

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Strategic sourcing with Cloud ERP.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 105

Vinculum

JANUARY 30, 2024

According to recent industry reports, the expected addressable market in India is likely to be around $100 billion by 2025.The Another brand, Body Shop, is known for its ethical business practices and sustainable sourcing. The retail ecommerce globally is expected to reach $7.4 trillion by 2025.

Optimal Sourcing 52

Optimal Sourcing Trends Procurement Analytics Sourcing Strategies 52

Vinculum

JANUARY 30, 2024

According to recent industry reports, the expected addressable market in India is likely to be around $100 billion by 2025.The Another brand, Body Shop, is known for its ethical business practices and sustainable sourcing. The retail ecommerce globally is expected to reach $7.4 trillion by 2025.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Sourcing Strategies Trends 52

Enterra Insights

APRIL 4, 2018

Globalism has been a boon to the supply chain by expanding sourcing, opening new markets, accelerating growth and highlighting opportunities to save money. Kearney executives Sean Monahan ( @SeanTMonahan ) and Johan Gott ask, “Is your global supply chain living dangerously?”[1]

Risk Management 100

Risk Management Supply Chain Design Software Supply Chain Planning Software Analytics Software 100

Supply Chain Game Changer

JANUARY 18, 2022

For many years the predominant priority in sourcing has been finding the lowest cost possible. What is the appropriate sourcing strategy going forward? Should you keep work in low cost geographies, establish sources in multiple geographies, or on-shore work into high cost domestic countries? Geographic Sourcing History.

Manufacturing Procurement 93

Manufacturing Procurement Sourcing Strategies Cost Reduction Strategies Optimal Sourcing 93

Supply Chain Matters

AUGUST 2, 2022

Apple has for the past two years, begin shifting some of its contract manufacturing capacity for certain models of iPhones outside of China to areas such as Vietnam and India. In retail segments, evidence continues to mount of unsold inventory, and with global wide interest rate hikes, impacts to added working capital costs mount.

Cost Reduction Strategies 52

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