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.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Supply Chain Shaman

JUNE 9, 2023

The current taxonomy (or frame/models) for the engines does not address the issues of the global multinational manufacturing company. In the Global Supply Chain, there are More Constraints To Address Than Just Manufacturing. Companies need a planning solution to analyze the trade-offs between make, source, and deliver.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important?

Manufacturing Procurement 130

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

Resilinc

JUNE 11, 2023

Do you ever get confused when people use the terms supply chain risk management (SCRM) and supply chain resilience? When you break down these two concepts into their various components, both involve mitigating risks in your supply chain—such as extreme weather , ESG risks , and geopolitical risks.

Supply Chain Risk Management 100

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

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

SYSPRO Smarter ERP

NOVEMBER 14, 2022

It is no secret that the manufacturer and distributor sectors have been some of the hardest hit by the global health crisis and recent geopolitical instability. Tackling the various hurdles faced by manufacturers and distributors requires a strategic approach. Implementing innovative cost-saving for a manufacturer.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 116

ivalua

JUNE 10, 2020

Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. A reliable supply chain can decrease purchasing and production costs for manufacturers and sellers. Understanding Supplier Risk Management. Managing Risk at Every Step.

Risk Management 147

Risk Management Optimal Sourcing Manufacturing Procurement Waste Reduction 147

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. 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.

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

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

SYSPRO Smarter ERP

MARCH 2, 2022

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. Risk management. Resiliency.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

SCMDOJO

APRIL 22, 2024

Supply Chain Risk Management, or (SCRM for short), is an already expanding industry, and with artificial intelligence becoming more intelligent by the day, it’s going to be an integral part of any supply chain analysis. Businesses can go out of business overnight, so having separate suppliers for your inventory is never a bad idea.

Inventory Reduction 77

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 77

ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ?

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

Logistics Viewpoints

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Kinaxis

OCTOBER 1, 2014

by John Westerveld Reason #5: Not having a supply chain risk management process. Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. If your demand decreases, you have excess inventory or idle capacity.

Supply Chain Risk Management 255

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 255

BlueYonder

JUNE 12, 2023

“Out of the chip pan and into the fire” must be a recurring feeling among manufacturers – across 2022 and into 2023 – as a proposed rebound following the eye of the COVID-19 pandemic storm has been usurped by a host of new and evolving challenges that have hindered both sides of the supply-demand equation.

Manufacturing Procurement 76

Manufacturing Procurement Manufacturing Cost Reduction Strategies Supply and Demand 76

Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). Focus on Cost.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Supply Chain Matters

MARCH 2, 2023

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMI® , compiled by S&P Global in association with ISM and IFPSM , halted a consecutive five-months of contraction levels to that of no-change. The S&P Global US Manufacturing PMI® had a February value of 47.3,

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Matters

OCTOBER 4, 2022

Supply Chain Matters provides our monthly highlights commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Now, with September and full Q3 reporting available, global manufacturing activity has officially fallen below the 50.0 Global Wide Production Activity. represented a 0.5

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52

Logility

MARCH 11, 2024

Our clients can take market insights and translate them into executable demand strategies creating a competitive advantage that lets them gain market share while managing through turbulent times.” We’re putting data-driven decision-making at the fingertips of everyone across an organization,” says Dow. Learn more at [link].

Logility 211

Logility Supply Chain Planning Software Demand Planning Software Supply Chain Design Software 211

Unleashed

MARCH 16, 2021

Having grown sufficiently, you may find your SME business now has the need for a dedicated purchasing manager – and perhaps even a purchasing department. So if you’re a business owner who is wondering how to run a purchasing department, then check out our practical guide below. Goals of purchasing.

Purchasing Skills 59

Purchasing Skills Manufacturing Procurement Procurement Solutions Procurement Analytics 59

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

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

Supply Chain Shaman

SEPTEMBER 5, 2022

While many old-fashioned supply chain leaders speak of Risk Management and the need for Control Towers. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

DynaSys

SEPTEMBER 8, 2020

Years ago, I saw a statistic that many people do not purchase a fire extinguisher for their residences until after they experience an actual incident. The same concept works for business and manufacturing. Production must continue with or without an existing risk plan to try to keep the business operating. Prioritize Risk.

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Planning Software Manufacturing Supply Chain Network Software 62

Resilinc

FEBRUARY 22, 2021

A common challenge for procurement and supply chain professionals is obtaining support from C-level leaders to invest in a robust supply chain risk management (SCRM) program. And that means building the business case for category managers, functional units and especially C-level leaders. But the core is the ROI analysis.

Supply Chain Risk Management 62

Supply Chain Risk Management Risk Management Supply Chain Design Software Agile and Lean Supply Chain 62

ToolsGroup

AUGUST 3, 2022

As the CFO, Jon is responsible for financial operations and risk management. Jon has successfully helped organizations develop growth and margin improvement strategies across a wide range of product and service offerings to include software as a service, hosting, managed services, and hardware. .

ToolsGroup 156

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Software 156

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

NC State SCRC

APRIL 2, 2023

Services that can be shared among the various business units of a company include finance, purchasing, inventory, payroll, hiring, and information technology. We started in 2012 as a finance back office, which included elements of the procure to pay process. A shared service is a Center of Excellence in effect.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

Supply Chain Game Changer

JULY 28, 2020

It sounds beneficial on the surface but is it a realistic long term strategy? Every source of materials and components, every manufacturing facility, every warehouse and distribution channel, and every logistics mechanism is duplicated. For many their Supply Chain is built on intellectual property and sole sourcing.

Material Savings 100

Material Savings Expense Reduction Resource Reduction Inventory Reduction 100

Supply Chain Matters

SEPTEMBER 6, 2023

The August numbers once again signal a continued downturn in global manufacturing conditions as output and new order rates continue to fall. From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. That stated, global output levels fell for the third consecutive month.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

DELMIA Quintiq

APRIL 21, 2020

Managing exceptional risks requires insights and visibility of key information – this gives you the ability to minimize the impact of these unexpected, yet huge disruptions. It is a necessary part of supply chain risk management. Contingency plans and supply chain risk management.

Modeling 302

Modeling Agile and Lean Supply Chain Supply Chain Disruption Optimal Sourcing 302

Supply Chain Matters

JANUARY 3, 2024

The increased cost of working capital and supplemental inventory levels to mitigate fulfillment risk is likely to revert back to just-in-time inventory management. Manufacturing and Supply Chain Activity Levels- Global-wide manufacturing levels as depicted in the J.P. and the United Kingdom.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59