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

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.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

BlueYonder

OCTOBER 25, 2023

The Food Bank Singapore sources and rescues more than 800,000 kilograms of food annually for their network of beneficiary organisations.” – Linda Tembrevilla, Singapore A full day charity events was held at the German Center in Shanghai, and we partnered with a local animal protection NPO to participate as part of that.

Wisconsin 93

Wisconsin Global Singapore Poland 93

Vinculum

OCTOBER 10, 2023

Introduction In the vibrant tapestry of India’s economic landscape, the healthcare and beauty industry stands out as a dynamic and ever-evolving sector. billion people, India offers a colossal market for healthcare and beauty products and services. With over 1.3 With a population of over 1.3

India 52

India Negotiating Skills Inventory Management Software Pricing Training 52

SCMDOJO

JANUARY 31, 2024

Salaries You Can Expect in Supply Chain Management Region-Wise: Here is a list of salaries for different supply chain designations: Demand planner, Supply chain analyst, Master scheduler, Purchasing manager, Inventory manager, Logistics manager, Procurement manager, Materials manager, Supply chain manager, and Supply chain director.

Supply Chain Design Software 75

Supply Chain Design Software Purchasing Skills Buyer Training Supply Chain Design 75

CH Robinson Transportfolio

SEPTEMBER 22, 2015

The new “Make in India” initiative is a major factor in the growing trend to move automotive manufacturing to India. On their way to becoming a preferred destination to source auto components by major OEMs and tier-1 manufacturers, India’s workforce has the knowledge and skills to deliver quality products.

India 34

India Manufacturing Procurement Inventory Reduction Cost Reduction Strategies 34

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 119

Apparel Supply Chain Design Software Supply Chain Design Supply Chain Optimization 119

20Cube Logistics

JANUARY 27, 2022

This growth is accredited to the economic expansion and policy changes in countries like India. However, despite becoming the latest epicenter for sourcing and manufacturing activities, economic growth in certain countries is expected to slow down this year due to various reasons. They are emphasizing on renewable sources of energy.

Manufacturing Procurement 83

Manufacturing Procurement Asia Currency Policies 83

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

ivalua

JUNE 1, 2022

Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay. But because we were proactive, we were able to build inventories ahead of time so that we had enough material in the pipeline before the crisis really hit peak.”. “They see the value proposition,” Kunnummal said.

Supply Chain Planning Software 130

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

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

NC State SCRC

DECEMBER 27, 2023

Changing the way people buy apparel Matthew Wallace has worked in a number of apparel management roles over his career, including as a Senior Director of Sourcing for Merchandising at Walmart, a senior VP at apparel manufacturer PVH (which owns Tommy Hilfiger and Calvin Klein), and currently the CEO of Project DXM (Digital Xpress Model).

Modeling Software 52

Modeling Software Demand Planning Software Apparel Supply Chain Software 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

The Network Effect

JUNE 25, 2014

Think about an electronic workforce of process robots designed to count your inventory items in real time, on demand, with no mistakes made. They even alert you to any issues related to orders, inventory levels, or shipments, taking action to reorder items when they drop below minimum thresholds. or for $500k in India.

Supply Chain Network Software 182

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Scenario Planning 182

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 Shaman

SEPTEMBER 30, 2014

Source Wikipedia. As the bricks and mortar retailer is attacked by eCommerce pure plays—Amazon in North America, Alibaba in China, and Flipcart in India—assortment and excitement in the store become paramount to lure customers. Current State of Perpetual Inventory. Collaborative relationships need a good signal for inventory.

Optimal Sourcing 296

Optimal Sourcing Forecasting Forecasting Software Supply Chain Network Software 296

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. Canada or Mexico.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Elementum

MAY 26, 2022

They expanded first into other parts of eastern Asia (Vietnam, Thailand, India), then into eastern Europe (Poland, Ukraine) and Mexico. Specialization and quality began to drive important sourcing decisions rather than the sole lever of saving partners a few dollars on materials and manufacturing alone.

Supply Chain Disruption 78

Supply Chain Disruption Agile and Lean Supply Chain Purchasing Skills Supply Chain Software 78

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 94

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 94

ivalua

MARCH 16, 2021

Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay. But because we were proactive, we were able to build inventories ahead of time so that we had enough material in the pipeline before the crisis really hit peak.”. “They see the value proposition,” Kunnummal said.

Manufacturing Procurement 130

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

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

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

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

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

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

Logility

NOVEMBER 9, 2021

Shipments without origin documents are being turned away from ports, creating expensive disruptions and inventory that doesn’t reach its destination, affecting the overall supply chain and your business health. The stakes are high. Improve Your Audit Process. Supply chains are opaque. Violations of workers’ rights are at an all-time high.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 130

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

20Cube Logistics

MAY 14, 2019

Around 14 percent of GDP spent on logistics sector annually in India as compared to only around 5 percent of GDP in the developed countries logistics sector. According to an ASSOCHAM (Associated Chambers of Commerce and Industry of India) study, the logistics sector in India is poised to grow at 16 percent YoY CAGR.

Supply Chain Software 40

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 40

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. Ikea is a good example as it has sourced close to 50 percent of its wood from sustainable foresters and hundred percent of its cotton from farms that meet better cotton standards (Ikea, n.d.). Calcutta, India: IGI Global.

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

Vinculum

JUNE 29, 2022

The sales on the marketplace increase with each promotion, campaign, or advertisement through social media like Facebook, Instagram, and another relatable source. The need of the time is to come out with specific ideas to get rid of such acceptance and follow the trending source for the future growth at the grass-root level.

India 52

India Supply Chain Network Software Demand Planning Software Logistics Network Optimization Software 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

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

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

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 Shaman

JANUARY 29, 2018

It is a privately-held textile company that successfully navigated the global sourcing/labor arbitrage mania of the last decade and managed to maintain a significant presence in the United States. For him, this meant growing top-line revenue with less supply chain inventory. As he talked, I smiled. had a goal. Net result?

Supply Chain Planning Software 0

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 0