Supply Chain Matters

JULY 25, 2022

As the calendar now moves to the second half of 2022, it is important to focus on rapidly changing developments including a marked escalation in geopolitical tensions that impact global supply chain strategies. Restoring More Direct Control in Materials Sourcing. For those businesses located in the U.S.,

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

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. Product strategies. Operational strategies. Many companies buy forward inventory ahead of tariffs being implemented. Supplier strategies. Reclassification.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

ToolsGroup

AUGUST 12, 2022

With Google reporting that omnichannel shoppers have a lifetime value that is 30% higher than those who only shop via one channel, getting your omnichannel strategy right is critical to creating a customer experience that drives profitability. . Inventory Visibility. That’s where omnichannel retail trends enter the equation.

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

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

QAD

AUGUST 12, 2021

Ford highlighted a 40% reduction in their carbon footprint over the past decade through improved energy efficiency and conservation at facilities and in manufacturing processes. The benefits go beyond brand allegiance to include: Improved operational efficiency with reduced waste and costs. Enhanced long-term business viability.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

BlueYonder

FEBRUARY 25, 2021

To navigate the new normal, here are three strategies supply chain planners should consider: 1. For example, safety stock calculations will need to be scrubbed to reflect the wild swings and short-term anomalies caused by the virus, otherwise, it can lead to excess inventory. [4]. Sources: [1] [link] [2] [link] [3] [link] [4] [link].

Inventory Reduction 57

Inventory Reduction Sourcing Strategies Supply Chain Strategy Modeling 57

Logility

DECEMBER 2, 2020

Blockchain Allows Brand Owners and Retailers to Trace Source Materials Ahead of Pending U.S. The apparel industry will do what it takes to eliminate the use of forced labor in the supply chain,” said Mark Burstein, president and chief strategy officer, NGC. “If ATLANTA/MIAMI — December 3, 2020 — Logility, Inc.,

Supply Chain Planning Software 130

Supply Chain Planning Software Optimal Sourcing Logility Manufacturing Procurement 130

Elementum

JANUARY 16, 2024

Process Automation: Revolutionizing Business Efficiency and Growth Process automation refers to the use of software and technologies to automate complex business processes, enabling organizations to improve efficiency and reduce human error. Retail : Automating inventory management, order processing, and customer support.

Sourcing Strategies 78

Sourcing Strategies Optimization Software Analytics Software Predictive Analytics Software 78

Supply Chain Matters

JUNE 9, 2023

That would include alternatives to China under the umbrella of China Plus sourcing. based companies had indicated in survey data and in concerted actions in termed China Plus sourcing strategies that either alternative, nearshoring, or reshoring efforts were being undertaken. We pointed out that in 2022, more U.S.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Resource Reduction 52

Supply Chain Matters

APRIL 18, 2024

The report points to the three major hospital group purchasing organizations (GPOs), that control around $250 billion in health purchasing, roughly 90 percent of the market that have locked in sole-source contracts without alternative choices for hospital pharmacy buyers. “ in regions such as China , India or other countries.

Manufacturing Procurement 52

Manufacturing Procurement Pharmaceutical Purchasing Skills Sourcing Strategies 52

Supply Chain Matters

JUNE 4, 2024

Regional Highlights India The HSBC India Manufacturing PMI again led all regional reporting in May. Report authors additionally noted that India manufacturing employment growth rose “ to one of the greatest extents since data collection started in March 2005.” The numbers for India and the ASEAN grouping reinforce this trend.

Manufacturing Procurement 59

Manufacturing Procurement Optimal Sourcing Manufacturing Global 59

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. This partnership improves inventory management, particularly for medicines with limited shelf life, utilizing dedicated storage facilities.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 92

Supply Chain Shaman

JULY 15, 2021

China is at 74%, the United States tracks at 73%, Australia at 70%, and India at 42%. Consumer goods manufacturers will pay 60-70% more in retail deductions, and the retail struggle to source for the holidays will worsen. Making the Argument. The Economist article tracks a normalcy index by region. In July, world normalcy is 66%.

Supply Chain Design Software 369

Supply Chain Design Software Supply Chain Planning Software Price Reduction Forecasting Software 369

QAD

FEBRUARY 21, 2023

Both parties gain from accurate and timely access to order, shipment, schedule, invoice, inventory and other related information. Or, as one QAD client stated , “The YFAI India plant and all our suppliers can now plan resources, machines, manpower, everything – based on these updatable schedules.

Manufacturing Procurement 93

Manufacturing Procurement Supply and Demand Inventory Reduction Demand Planning Software 93

ivalua

JUNE 1, 2022

As we continue to adjust to new business cycles, 2022 offers an opportunity to learn how to incorporate lessons learned from 2020 to establish a new supply chain and customer experience strategy. Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay.

Supply Chain Planning Software 130

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

Supply Chain Matters

JANUARY 10, 2023

In a previous posting, we published Part One of this multi-part series which highlighted our first prediction , that supply chain management teams should anticipate a considerable amount on uncertainty and that a significant challenge will be to avoid complacency in strategies and actions. For those businesses located in the U.S.,

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Manufacturing Procurement Cost Reduction Strategies 52

Supply Chain Matters

MAY 3, 2024

Brazil, China, India, and the United States indices remained at expansionary levels. India The HSBC India Manufacturing PMI which led all regional reporting in March slipped 0.3 The April report was headlined with India’s manufacturers increasing input inventories to near record pace to prepare for increased output.

Manufacturing Procurement 52

Manufacturing Procurement Global Purchasing Skills Supply Chain Strategy 52

Enterra Insights

APRIL 28, 2021

According to the survey, “Organizations have struggled to respond rapidly to disruptions and to restore operations to a steady state (for instance, restoring inventory levels and the availability of manufacturing and logistics capacity), which further highlights the lack of resilience in supply chains today.” ” 2. ” 3.

Supply Chain Transformation 130

Supply Chain Transformation Agile and Lean Supply Chain Gartner Supply Chain Strategy 130

The UCLA Anderson Global Supply Chain Blog

AUGUST 11, 2017

Luxottica maintains a warehouse in Atlanta and ships roughly 470k units of inventory each week - 300k to retail locations and 170k as wholesale to independent opticians and department stores. Luxottica has manufacturing facilities in five countries: Italy, China, India, United States and Brazil. Source: [2] and Alibaba.com.

Manufacturing Procurement 112

Manufacturing Procurement Sourcing Strategies Inventory Reduction Supply Chain Design Software 112

SCMDOJO

APRIL 27, 2022

For the production, the appropriate raw material is sourced or produced based on the details provided by the fashion designers in the previous step. Countries, especially in South Asia, like China, India, Bangladesh, Pakistan, Vietnam, etc., This reduces the cost of keeping the inventory that would not sell.

Apparel 117

Apparel Supply Chain Design Software Supply Chain Design Supply Chain Optimization 117

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

QAD

JULY 15, 2021

Given the demand for critical care equipment like ventilators, personal protective equipment, and key medicines, life sciences companies were left scrambling to produce and in some cases source these important life sustaining products at an unprecedented rate. Are manufacturers ready for the next disruption? .

Supply Chain Planning Software 96

Supply Chain Planning Software Analytics Software Forecasting Software Demand Planning Software 96

ToolsGroup

MARCH 5, 2019

And while each market can be unique, we found a few repeating themes in our own experience and from sources including Gartner and our customers Procter and Gamble (P&G) and Cipla Medpro. Not knowing how much inventory is at each location. Supply chain planning in emerging markets is different. Here’s what we found: 1.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 159

Resilinc

APRIL 5, 2022

More than two years after the global pandemic began its epic disruption of supply chains, political and corporate leaders around the world are calling for a major redesign of globalized supply chains to emphasize security and resilience over cost and efficiency. “A In a Q&A posted last fall, Hitendra Chaturvedi of ASU’s W.P.

Cost Reduction Strategies 62

Cost Reduction Strategies Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 62

Turvo

MARCH 1, 2022

Although there has been significant debate about how GSC management might help businesses create competitive advantages, the right distribution strategy has received less attention. Here, we describe how including a Collaborative TMS in your GSC and distribution strategy can help gain a competitive advantage for your business.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Expense Reduction 70

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

Supply Chain Matters

MARCH 5, 2024

Output reportedly rose in China, India, Brazil and the United States , while declines continued in the Eurozone , Japan and the United Kingdom. India again led all other regions, while Germany and Austria remain at highest levels of PMI contractionary levels. The HSBC India Manufacturing PMI® rose from 56.5

Manufacturing Procurement 59

Manufacturing Procurement Global United Kingdom Purchasing Skills 59

Supply Chain Matters

SEPTEMBER 17, 2022

The obvious questions that are likely of high concern for our multi-industry supply chain reading audience is why this happened so suddenly, what are the potential short and longer-term implications for transportation, logistics and services providers, as well as industry supply chain strategy teams. Explanations.

Cost Reduction Strategies 59

Cost Reduction Strategies Resource Reduction Inventory Reduction Sourcing Strategies 59

ivalua

MARCH 16, 2021

Having already done the work to build resilience into its supply chain strategy, Navistar’s procurement organization was better prepared than most to weather the Covid-19 crisis. Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay. Create speed and transparency.

Manufacturing Procurement 130

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

ModusLink Corporation

NOVEMBER 18, 2021

The approach of “ Just in time ” and “ supply chain management ” focused on optimizing efficiency and reducing waste. Due to climate change, firms are rethinking their strategies to guarantee environmental initiatives to start environmental actions. Calcutta, India: IGI Global. Why go green? Vishal Gupta, 2013). 181 part B).

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

Vinculum

JUNE 21, 2022

Integrations are crucial for increasing efficiency, productivity, and adaptability. Order and inventory management, product information management, and warehouse and logistics management are all part of multichannel operations. However, you spend most of your time updating several sources with relevant information.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Sourcing Strategies Inventory Reduction 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

Vinculum

OCTOBER 30, 2020

In the 2020 festive season alone, online retailers in India are expected to generate about $6.5 Inventory management in real-time. The post Key considerations for brands and e-tailers in India who are gearing up for festive bonanza appeared first on Vinculum Group. Endless aisle (offline to online).

India 52

India Supply Chain Software Modeling Software Inventory Management Software 52

QAD

OCTOBER 5, 2021

With this release, QAD strengthens our cloud ERP offering to deliver new adaptive manufacturing capabilities, increase user productivity and enhance manufacturing and supply chain efficiency. As a result, customers will improve efficiency with easier scenario planning and an intuitive integration with Excel. QAD Adaptive ERP 2021.1

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 97

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Learn more on how to overcome today’s supply chain challenges by securing the free guide, 8 Winning Strategies to Combat Supply Shortages.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Matters

OCTOBER 4, 2022

We additionally noted trending indicating that many businesses were factoring uncertain product demand and supply network risks, and that was going to make industry supply chain strategies far more challenging in the weeks ahead. This is a significant milestone for ongoing planning and execution strategies. . representing a 0.6

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52