The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

QAD

JANUARY 14, 2021

Ever since consumers started purchasing goods commercially, the ways in which products are packaged determine how most food manufacturers differentiate themselves from the competition. To this day, many products are identified and referred to by their packaging. These are just some of the innovations that are taking place.

Manufacturing Procurement 95

Manufacturing Procurement Packaging Food Sustainability 95

Proxima

NOVEMBER 10, 2022

As a result, there are going to be difficult conversations taking place in offices across the United States, whether it’s the 30 th floor of a New York high rise or the board room of a manufacturer in Houston. Productivity spend’ refers to the recognition that the greatest productivity gains are to be found across the supplier base.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction Strategies 52

Logility

AUGUST 30, 2016

Innovation as Excellence. While better-faster-cheaper is an incremental improvement philosophy, “innovation” changes the game. Excellence in Innovation, whether in process, product, organization or market approach can put your supply chain in a ‘blue ocean’ position where there are no competitors.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Innovation Vendor Strategies Cost Reduction Strategies 100

Logility

AUGUST 30, 2016

Innovation as Excellence. While better-faster-cheaper is an incremental improvement philosophy, “innovation” changes the game. Excellence in Innovation, whether in process, product, organization or market approach can put your supply chain in a ‘blue ocean’ position where there are no competitors.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Innovation Vendor Strategies Cost Reduction Strategies 100

Supply Chain Shaman

FEBRUARY 18, 2021

This means building a cognitive engine to sense, learn, and adapt using market data for innovators. Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Procurement: Purchase price variance and procurement cost.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Supply Chain Shaman

NOVEMBER 11, 2020

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. They are impatient that they know more about pizza’s status for lunch before their zoom meeting than the inbound shipment status for their critical manufacturing run. Reflection. The supply chain career is new. Palantir IPO.

Supply Chain Design Software 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supply chain operations, will increase their revenue by 20 percent in 2025. The concept of asset-less state refers to creating a supply chain that is as lean as possible.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

ivalua

SEPTEMBER 28, 2020

After this came the next AP Automation project, and ever so slowly, innovation just became the norm, now it’s legacy Invoice Processing. So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’.

Supply Chain Software 237

Supply Chain Software Manufacturing Procurement Procurement Solutions Supply Chain Network Software 237

Locus Robotics

JULY 12, 2022

Recent economic pressures and labor shortages have forced manufacturers and factories to become more flexible and efficient, but many don’t know where to start. 14 Manufacturing Trends in 2022. Accessible Automation. Automation is not entirely new in the manufacturing world, but there is now widespread adoption of the practice.

Manufacturing Procurement 52

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

Supply Chain Game Changer

NOVEMBER 7, 2019

The artist explains: “This work attempts to bring out certain forms and structures by combining organic materials (earth, plants, vegetables, fruit, fish) and manufactured products (a pair of shoes, pigments used to colour the layers). Digitization vs. Digitalization. Source: Deloitte CPO Survey 2018.

Manufacturing Procurement 55

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 55

ivalua

MAY 9, 2019

The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. Industry: Manufacturing. While Procurement might not consider these relationships strategic, they are critical nonetheless. Healthcare.

Supplier Management 145

Supplier Management Manufacturing Procurement Procurement Solutions Optimal Sourcing 145

Arena Solutions

SEPTEMBER 26, 2023

CHALLENGES OF REMOTE COLLABORATION AND OUTSOURCING IN PRODUCT DEVELOPMENT Product failures like that of the Segway Electric Scooter and Google Glass are hitting closer to home for today’s innovators with the shift to remote work practices as well as the outsourcing of more design and production work to contract manufacturers (CMs).

Supply Chain Design Software 84

Supply Chain Design Software Expense Reduction Cost Reduction Strategies Optimization Software 84

SCMDOJO

DECEMBER 14, 2023

This total time can be further categorized into key components: Procurement Lead Time: This dimension, situated in the upstream supply chain, covers the duration from placing an order to receiving it. Production Lead Time: Encompassing manufacturing, quality control, assembly, and related processes.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

The Logistics of Logistics

SEPTEMBER 23, 2022

As a global conference, exhibition and networking experience, we attract some of the biggest oil and gas companies and top-performing engineering, procurement and construction firms, all groups who are eager to capitalize on the benefits of Breakbulk Americas and connect with new supply chain partners. Key Takeaways: Breakbulk Americas.

America 182

America North America Logistics Network Optimization Software Cargo 182

Supply Chain Shaman

FEBRUARY 14, 2022

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Organizational alignment in manufacturing organizations is worse between operations and finance teams today than in 2013. I give you this evidence in this blog.). Mistake #5.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Claritum

MAY 12, 2019

Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. 2 Technologies and Procurement Table. Virtual Procurement Agents.

Analytics Software 36

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 36

Supply Chain Matters

SEPTEMBER 21, 2022

The premise of this book is that the procurement function is a deeply misunderstood corporate capability, with CEO executives spending too little time thinking about or being actively involved in how their companies spend more than half of typical spending budgets. When the boss offers someone a job in procurement.

Manufacturing Procurement 59

Manufacturing Procurement Sourcing Strategies Supply Chain Software Supply Chain Planning Software 59

The Logistics & Supply Chain Management Society

JULY 16, 2023

Resilience refers to the ability of a supply chain to withstand and recover from disruptions, while agility refers to its ability to respond quickly and effectively to changing circumstances. Demand changes refer to shifts in customer preferences, market trends, or unexpected spikes in demand.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Businesses gain agility and can focus human resources on strategic work.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Shaman

NOVEMBER 21, 2018

In this push, Oracle, SAP and INFOR became revenue market leaders in APS, but under-served the market in the delivery of innovation. Reference Figure 1. Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. Sadly, it did not. The inverse occurred.

Supply Chain Planning Software 199

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 199

Supply Chain Shaman

MARCH 12, 2019

As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues. Most deployments focus on functional excellence–manufacturing, transportation, customer service or procurement. Hopefully, by the end of the article you will also agree.

Prescriptive Analytics Software 175

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 175

Supply Chain Shaman

NOVEMBER 2, 2018

At the time, we were both deployed as consultants for Manugistics to help a manufacturing company to implement end-to-end planning. Examples include alternate sourcing, bill of material changes or alternate modes/routing between the planning, procurement and transportation.) Ellen currently works as a consultant at Cap Gemini.

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Network Software Manufacturing Procurement Supply Chain Design Software 169

EC Sourcing Group

APRIL 27, 2021

When the topic of global sourcing comes up, procurement managers often balk at global sourcing in supply chain management because they worry they will have to sacrifice quality or delivery when using global suppliers. Supply chain management is the big picture, of which procurement is merely a piece. Manufacturing. Operational.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Supply Chain Software EC Sourcing 52

NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. This is effectively a “snapshot” in time. and “What is the potential return on investment?”

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Supply Chain Shaman

DECEMBER 11, 2018

Supply chain innovation is slowly simmering in the face of radical disruption. Do you think that this definition could contain a few more references to digital?). Makes us wonder if we should even manufacturer products in traditional ways? A confluence of technology drives innovation. Together, we walk in a fog.

Supply Chain Planning Software 199

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 199

Supply Chain Shaman

JULY 1, 2014

CRM and SRM functionality did not fit the needs for manufacturing-based companies (CRM was too lightweight. And SRM functionality, while automating indirect procurement, did not address the larger needs to automate direct material purchasing for a manufacturer.) System of Record, System of Differentiation, System of Reference.

Supply Chain Design Software 315

Supply Chain Design Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 315

EcoVadis

FEBRUARY 3, 2016

Procurement teams may be wondering “What is the Circular Economy and how might it be integrated into supply chain management?”. The term Circular Economy refers to a closed loop economic system, where waste is eliminated and outputs feed back into the cycle.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 40

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. The company has strategically invested in automated distribution centers, streamlining the flow of products from manufacturers to stores.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 74

MIT Supply Chain

JULY 13, 2022

Responding to criticism that certain countries derive a cost advantage from lax environmental and labor laws, some companies are trying to limit their procurement spending and operations in countries with stringent laws.

Global 98

Global Price Reduction Switzerland Manufacturing Procurement 98

SCMDOJO

FEBRUARY 29, 2024

They do not relate to any overall company procurement goals and objectives. Figure 1: SPM Project Stages (Gordon Sherry R, 2008) This organization has created a Procurement Steering Committee with management participation to leverage procurement as a tool to improve business performance. Three key elements are suggested.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

SCMDOJO

JULY 13, 2022

National Association of Educational Procurement. In addition, you also get innovative hiring solutions, including job postings, branding solutions, and career site solutions, to simplify hiring suitable candidates across various roles, functions, and experience levels. National Association of Educational Procurement.

Supply Chain Design Software 112

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 112

Supply Chain Game Changer

APRIL 29, 2021

In that effort, enterprises should seek innovative technologies with the potential to disrupt and transform the current supply chain operating models and bring in a more competitive edge. Manufacturers with a global supply chain network took the brunt of suspended operations during the pandemic. electronics). Smarter Warehouses.

Supply Chain Software 135

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 135

Supply Chain Shaman

JUNE 6, 2013

More advanced supply chain leaders model the role of complexity (product and customer), the impact of risk, and opportunity of innovation as well as product shipping and manufacturing locations, and inventory policies. Leaders invest in new planning systems as part of an effort to drive business process innovation.

Supply Chain Planning Software 279

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 279

Freightos

NOVEMBER 11, 2021

The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. No end to end-to-end.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Supply Chain View from the Field

JANUARY 28, 2014

They all seem to refer to some form of “touchy-feely”, kumbaya-type of relationship between buyers and sellers, that in the end doesn’t mean a whole lot or provide a lot of direction for specific actions to be taken. These terms are, in my opinion, being over-used, without really attaching too much meaning to them.

Negotiating Skills 76

Negotiating Skills Manufacturing Procurement Buyer Training Optimal Sourcing 76

GlobalTranz

JANUARY 4, 2016

We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. We have already covered the top 6 trends for 2016 in manufacturing. Relate more fully to customers. Start today by re-imagining your supply chain.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120