Enterra Insights

JANUARY 5, 2022

Although many of the trends discussed below involve technology, supply chain professionals need to give equal attention to people, processes, and technology. According to Antony Francis, a consultant at Endava, high on the list of things to which supply chain managers need to pay attention is supply chain visibility.

Supply Chain Software 100

Supply Chain Software Supply Chain Planning Software Trends Agile and Lean Supply Chain 100

OptiProERP

DECEMBER 18, 2023

Acquiring goods from vendors and suppliers is one of the critical and routine tasks for manufacturers. Managing, planning, and tracking finance is very important when it comes to the outflow of cash. Procurement and purchasing are terms interchangeably used in manufacturing but are distinct activities.

Manufacturing Procurement 52

Manufacturing Procurement Purchasing Skills Procurement Solutions Negotiating Skills 52

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

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

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ModusLink Corporation

DECEMBER 13, 2022

However, the instability around the risk of recession remains, and knowing the top supply chain trends to watch in 2023 will help your organization prioritize operations and succeed. Cybersecurity Risk Management Will Grow More Important in Omnichannel E-Commerce. Top Supply Chain Trends Heading Into 2023.

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QAD

APRIL 1, 2021

Manufacturers continue to face potentially indefinite remote work policies, new health screening and safety protocols, unexpected demand swings, potential supply disruptions and more. Digital manufacturing couldn’t be more important or necessary for maintaining business continuity and responding to change.

Supply Chain Planning Software 98

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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

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Supply Chain Matters

OCTOBER 12, 2022

In this Supply Chain Matters posting we highlight published September 2022 indices of global supply chain volatility ( GSPI ) and US Logistics Index ( LMI ) activity trends along with our view of the implications. The takeaway for September was that global manufacturing activity officially fall below the 50.0 Logistics Managers Index.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Supply Chain Shaman

JUNE 21, 2023

One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers. The analysis is biased toward large process-based manufacturers in the Gartner network. Is this success? I don’t think so. Learning Stalled.

Gartner 379

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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

ToolsGroup

SEPTEMBER 18, 2023

Read the Q&A with Inna Kuznetsova for her latest insights on AI, innovation, 2024 supply chain trends, and women in supply chain HERE. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. 14-15, 2023 in Atlanta.

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Supply Chain Shaman

APRIL 15, 2020

Today, we find ourselves in the middle of a risk management case study. News coverage showcases the differences between logistics and supply chain management. Figure 1 shows a market-by-market planning model by a sinus drug manufacturer. This type of planning needs to be deployed by all consumer manufacturers.

Supply Chain Planning Software 453

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 453

GlobalTranz

APRIL 6, 2015

As a transportation management third party logistics company, we know at Cerasis that transportation makes up a large portion of the costs and efficiencies of any supply chain. Look at these 7 supply chain trends as a guide to better your supply chain today. INFOGRAPHIC] 7 Supply Chain Trends as Laid out by Supply Chain Expert.

Optimal Sourcing 120

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SCMDOJO

APRIL 29, 2024

Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.

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The Logistics & Supply Chain Management Society

MAY 28, 2022

And what are the key industry trends and innovations? In a recent Federation of European Risk Management Associations (FERMA) survey with McKinsey , business operations and supply chain emerged as weak points in the areas of risk and resilience. Risk planning and technology utilisation.

Supply Chain Planning Software 269

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SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. Risk Management The department can proactively identify and address potential risks in the supply chain, such as material shortages, natural disasters, or political instability.

Optimal Sourcing 75

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DynaSys

SEPTEMBER 8, 2020

The same concept works for business and manufacturing. As the world sorts through life with COVID-19 and trying to plan for the aftermath, many Consumer Packaged Goods (CPG) manufacturers and suppliers are developing and implementing risk management policies and procedures. Prioritize Risk.

Manufacturing Procurement 61

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QAD

MAY 7, 2020

Increasingly, we see manufacturers placing less emphasis on cost savings and more importance on supply chain adaptability, risk management and speed. The following are four key areas that can help manufacturers mitigate supply chain risks and build adaptability for future shocks. . Reevaluate Lean Inventory.

Agile and Lean Supply Chain 113

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply and Demand 113

Enterra Insights

FEBRUARY 2, 2023

The Covid nightmare also exposed how dependent many countries are on Chinese manufacturers and suppliers. According to economist James Rickards , reliance on Chinese manufacturing makes supply chains dangerously stretched. Another trending strategy is decoupling supply chains from China. ”[3] The China Problem.

Supply Chain Software 130

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EazyStock

FEBRUARY 13, 2019

What are the primary supply chain management trends for 2019? In this post we will present recent trends you may not have heard of – yet – but ought to keep an eye on as they develop. In this post we will present recent trends you may not have heard of – yet – but ought to keep an eye on as they develop. Digital Twin.

Supply Chain Software 45

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Logistics Viewpoints

APRIL 4, 2022

For some customers, they manage the inventory using a vendor managed inventory program. In some case they manage inventory at the customer’s site. “We It started in manufacturing and spread, step by step, to improvements in the way the company runs its supply chain. A Transformation Journey.

Supply Chain Transformation 195

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SCMDOJO

DECEMBER 28, 2023

You need to integrate your supply chain management systems to meet this demand. This integration ensures the visibility of inventory, efficient order processing, and synchronized fulfilment across all channels. Having clear visibility into inventory is critical for omnichannel fulfilment. billion operational IoT devices by 2030.

Supply Chain Planning Software 75

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Kinaxis

AUGUST 18, 2014

I watched a TED Talk video by Philip Evans, from Boston Consulting Group and shuddered to think that all our traditional fulfillment and inventory models can be drastically transformed by the “consumer”. 3PL’s, Contract Manufacturing, Suppliers, Logistics providers…. how they ever already impacted retail and brand marketing.

Modeling 263

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QAD

DECEMBER 2, 2021

The trouble is, manufacturers and the supply chains they rely on can’t keep up. It’s not that the pandemic and other trends broke the global supply chain. Fortunately, implementing a digital transformation strategy can help, and manufacturers today have plenty of options at their fingertips.

Supply Chain Disruption 97

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Enterra Insights

JULY 14, 2021

A recent survey by GT Nexus and Capgemini found that 70% of retail and manufacturing companies have already started a digital transformation project in their supply chain operations. Bowman, managing editor of SupplyChainBrain , writes, “If we want a world without waste, we might need something other than the human brain to achieve it.

Supply Chain Planning Software 130

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Resilinc

AUGUST 17, 2021

In First Quarter earnings calls, Exxon Mobil, Dow, and LyondellBasell all reported that they were “selling everything they produce and [didn’t] anticipate being able to restock inventories until the third or fourth quarter.”. In China, building up inventories is a trend that predated the pandemic.

Forecasting 62

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DynaSys

MARCH 31, 2020

In global manufacturing, disruptions are everywhere. But prior to this crisis, disruptions to manufacturing and the supply chain have been increasing throughout the world. How do manufacturers cope with these disruptors as each brings their own unique set of challenges? It starts with a resilient supply chain. . Flexibility.

Supply Chain Planning Software 97

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply and Demand 97

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes.

Predictive Analytics 52

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QAD

MAY 31, 2023

Many manufacturing organizations still plan in silos. In fact, today, many S&OP processes now include people from the manufacturers total ecosystem and trading partners like key suppliers and customers. S&OP brings together sales and operations teams to collaborate on forecasting, identify trends, and share insights.

Supply Chain Planning 52

Supply Chain Planning S&OP Scenario Planning Agile and Lean Supply Chain 52

GlobalTranz

APRIL 25, 2016

If cost reduction is not the only thing to measuring supply chain performance, that begs the questions: "Maybe we should be measuring other Supply Chain Management activities and what would they be?". Inventory measurement is critical and it is money after all in that it took a capital expense to procure. We still focus on costs.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Supply Chain Movement

FEBRUARY 3, 2014

Digital Manufacturing: Where are companies on the path towards using digital manufacturing with the use of digital images, 3-D printing, internet of things and mobility to redefine manufacturing processes: [link]. Vendor Managed Inventory (VMI): The value proposition these processes present. SID=SV_b1tfCTnV2RkTOXH.

Survey 97

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The Logistics & Supply Chain Management Society

AUGUST 14, 2023

For example, you want to cut costs with a faster courier, or invest in reducing the lead time of your manufacturing. How do you reduce excess inventory if the innovative product is not popular? and machine learning, managers can now make sense of the complex situations they are dealing with.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Demand Planning Software 130

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. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The three specific regions of concern are the Eurozone, United Kingdom along with Taiwan.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Talking Logistics

AUGUST 6, 2014

Zhongron supplies aluminum alloy wheel hubs to another company, Citic Dicastal Wheel Manufacturing Co., Supply Chain & Logistics Trends Supply Chain Risk Management China conflict minerals corporate social responsibility Dan Ammann General Motors GM Intel supply chain visibility Zhongrong Metal Products'

Supply Chain Visibility 170

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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

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Supply Chain Matters

FEBRUARY 23, 2023

Other means were in the ability to manage the headwinds of forecasted reduced global trade volumes thru the mechanisms of either formed multi-carrier capacity alliances metering major trade route capacity, increased blank sailings or additional slow steaming transit times. Earlier this month, the forecast was revised to an expected 2.5

Negotiating Skills 52

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Supply Chain Matters

AUGUST 8, 2022

The overall takeaway from the July data was that global production momentum had begun to stagnate and in some regions such as the Eurozone, Taiwan, and to some extent , certain manufacturing regions of China, PMI values had reached contraction levels. . Warehousing and Inventory metrics continue to buoy the logistics sector.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52