The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. About Paul Noble As Founder and Chief Strategy Officer of Verusen, Paul Noble oversees the company’s vision and strategic direction.

Optimal Sourcing 263

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 263

Supply Chain Matters

APRIL 5, 2024

Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

Logistics Viewpoints

AUGUST 24, 2022

I was also able to interview Brent after his session to get a little more insight on how Qualcomm dealt with the Covid-19 pandemic, what it means for the semiconductor chip shortage, and where the company is going with its digital transformation strategy. Qualcomm turned to more automation in its semiconductor manufacturing.

Sourcing Strategies 207

Sourcing Strategies Material Savings Resource Reduction Manufacturing Procurement 207

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

GlobalTranz

NOVEMBER 9, 2016

In place of long paper trails and maintenance schedules, machines with the capacity to communicate their needs and issues via the industrial Internet of Things (IoT) are becoming an essential component of effective processes. Fleet or transportation management is another aspect of manufacturing reaping the rewards of the IoT.

Internet of things 246

Internet of things Manufacturing Procurement Supply Chain Software Logistics Network Optimization Software 246

GlobalTranz

FEBRUARY 27, 2018

Procurement must never be an afterthought in any enterprise. Manufacturers need to have the right raw materials and supplies available. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement.

Manufacturing Procurement 166

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 166

Supply Chain Matters

APRIL 22, 2024

From a supply chain sourcing perspective, a consistent theme in media reporting has been exploration or hints for added Apple supply chain sourcing. Production currently sourced include products such as iPad , AirPod and the Apple Watch. Apple has been a master at exercising many such strategies.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Sourcing Indonesia 52

QAD

MARCH 23, 2023

From toilet paper to bed sheets, fresh food items to cleaning products; the consumer packaged goods (CPG) industry has changed and will continue to do so. Today, the choice for CPG manufacturers and supply chains is clear: future-proof with digital manufacturing technologies that can meet the customer where they are or be left behind.

Manufacturing Procurement 95

Manufacturing Procurement Manufacturing Agile and Lean Supply Chain Purchasing Skills 95

Unleashed

FEBRUARY 21, 2022

As 2022 kicks in, the manufacturing sector is being shaped by technological change and the Covid-19 pandemic. Digital, connected and smart systems are on the rise, while at the same time manufacturers face challenges such as the ‘Great Resignation’ and clogged-up supply chains – as well as increasing demand for sustainable products.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 98

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. It refers to the process of purchasing, storing, and tracking the various goods required to build a product. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Such sourcing events can be in the context of direct materials or logistics capacity.

Optimal Sourcing 188

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 188

Logility

APRIL 20, 2022

Every industry article, news segment, analyst research paper, and boardroom conversation offers varying perspectives on the real issues impacting supply chain performance and the best way to fix them. Developing Diverse, Resilient Sourcing Strateg ies. Feeling overwhelmed? You’re not alone.

Sourcing Strategies 130

Sourcing Strategies Material Savings Vendor Strategies Inventory Reduction 130

Precoro

JULY 16, 2023

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Logistics Viewpoints

FEBRUARY 9, 2024

And now on to this week’s logistics news. Logistics operators added jobs in January, though employment was down over the previous 12 months as companies continue to grapple with a downturn in the goods-moving economy. The growth in logistics hiring came as the broader U.S. I guess she’ll have to work some of that Taylor magic.

Logistics Network Optimization Software 214

Logistics Network Optimization Software Las Vegas Logistics Supply Chain Planning Software 214

Arena Solutions

APRIL 4, 2023

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

Manufacturing Procurement 73

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 73

OptiProERP

FEBRUARY 8, 2024

Additive Manufacturing (AM), often called 3D printing, has emerged as a revolutionary technology potentially transforming traditional production processes. As this innovative approach gains traction across various industries, the need for seamless integration with Enterprise Resource Planning (ERP) systems becomes increasingly evident.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Design Software 52

Precoro

NOVEMBER 13, 2023

Financial efficiency, cost savings, and profitability undoubtedly fall under the main priorities of upper management, regardless of a company’s industry. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Supply Chain Matters

AUGUST 3, 2022

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. The July 2022 J.P.

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Timing was a further crucial factor.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Supply Chain Game Changer

MAY 11, 2022

How to Create a Digital Marketing Strategy for a Logistics Company! Most manufacturers still rely on traditional methods to promote their business. Word-of-mouth referrals, networking events, and trade shows are still preferred by those in the manufacturing industry for a good reason they still work.

Manufacturing Procurement 96

Manufacturing Procurement Waste Reduction Manufacturing Resource Reduction 96

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

Logistics Viewpoints

AUGUST 15, 2022

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. Alex Zhong, Director Product Marketing at GEP.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

GlobalTranz

DECEMBER 3, 2015

The Future of Our Industry Is Now. The logistics, manufacturing, supply chain, and transportation industries are going through a time of rapid and unprecedented transformation. The future of these industries is paved with innovation and technology. Technology’s Role in Procurement. The Internet of Things.

Manufacturing Procurement 120

Manufacturing Procurement Logistics Network Optimization Software Supply Chain Software Internet of things 120

Enterra Insights

JANUARY 17, 2019

Nevertheless, over the past few years there have been some significant changes in the manufacturing sector, including the maturation of additive manufacturing and the emergence of the Internet of Things (often referred to as the Industrial Internet of Things (IIoT)). Manufacturing trends. ”[4].

Manufacturing Procurement 100

Manufacturing Procurement Prescriptive Analytics Software Trends Manufacturing 100

BlueYonder

OCTOBER 6, 2023

.” – Sir Winston Churchill Having just returned from the 2023 Automotive Logistics and Supply Chain Global conference in Detroit, these words are very fitting to encapsulate the essence of the event. Short-term visibility at the Purchase Order/ASN level is insufficient.

Waste Reduction 81

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 81

Locus

NOVEMBER 15, 2023

In the pulsating heart of rapidly developing economies like India, the manufacturing sector isn’t just growing—it’s exploding. As the wheels of industry turn faster, the race is on: raw materials, components, and final products must not only reach their destinations but do so with clockwork precision.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Price Reduction Material Savings 52

ModusLink Corporation

APRIL 22, 2024

Introduction: In today’s interconnected world, businesses are seeking agile and cost-effective strategies to meet the demands of an ever-evolving market. Consider the unique requirements of your manufacturing process. Seek a 3PL provider like with a deep understanding of the electronics industry and its specific challenges.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

Logistics Bureau

DECEMBER 9, 2020

For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. The Finance Manager , on the other hand, controls the financial input and output of the procurement division. How Large Procurement Teams Operate.

Manufacturing Procurement 98

Manufacturing Procurement Pricing Training Procurement Analytics Purchasing Skills 98

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

SYSPRO Smarter ERP

DECEMBER 28, 2021

The past year has shown us that if organizations and industries are to keep up with the fast-paced change and uncertainty of the current market, they need to accelerate their digital transformation strategy. The pandemic has been the catalyst for change, with a drive to fundamentally rethink the manufacturing and distribution space.

Manufacturing Procurement 105

Manufacturing Procurement Manufacturing Supply Chain Software Logistics Network Optimization Software 105

Supply Chain Matters

JANUARY 19, 2024

The Ferrari Consulting and Research Group announces the general availability of our newest published Research Advisory – 2024 Predictions for Industry and Global Supply Chains. The post 2024 Predictions for Industry and Global Supply Chains first appeared on The Ferrari Consulting and Research Group / Supply Chain Management.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Strategy Manufacturing Procurement 52

Supply Chain Game Changer

APRIL 28, 2020

Lockdowns have resulted in the temporary closure of Manufacturing and Distribution facilities and discontinuation of Logistics and transportation modes. What is Single Sourcing or Sole Sourcing? For clarity let’s define what these sourcing terms mean.

Manufacturing Procurement 82

Manufacturing Procurement Sourcing Strategies Purchasing Skills Sourcing 82

Supply Chain Collaborator

JUNE 25, 2020

Will the trend toward a return to “regional manufacturing” boost volumes in over the road transportation in North America as manufacturers move away from Asian overseas operations? Transportation logistics software solutions play a key role in effectuating this change. This strategy is not without its risks though.

Manufacturing Procurement 142

Manufacturing Procurement Manufacturing Gartner Supply Chain Network Software 142

Logistics Viewpoints

AUGUST 22, 2023

I’ve said it before (right here in Logistics Viewpoints), but it’s worth repeating: the digital transformation of our complex global supply chains is an ongoing journey. The entire supply chain industry was caught flat-footed by the seismic disruptions wrought by the pandemic. Why is this shift such a big deal?

Real-time Visibility 185

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 185

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . As a result, procurement must decide when and whether to rely on just-in-time or just-in-case models for purchasing and managing stock.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Putting the Planet First: Bringing Sustainability To The Last-Mile With Logistics Technology. Parallelly, expectations around the overall purchasing experience have also grown steeper. Aside from route planning and optimisation, some other avenues worth exploring include: Sustainable Sourcing of Goods. trillion by 2025.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Optimization Software 130

AFFLINK

AUGUST 12, 2022

For procurement leaders, this finding indicates marked potential for making an environmental impact. For manufacturing facilities, the pressure is on to become the essential link to a more sustainable value chain. What Forces Are Driving The Demand For Sustainability In Manufacturing? The good news?

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Manufacturing Procurement Cost Reduction Strategies Sustainability Material Savings 62