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. . Canada or Mexico. Prediction Background. Higher cost levels will need to be mitigated or reduced.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Resilinc

OCTOBER 11, 2022

There are a lot of hard-headed realists in the procurement and supply chain profession. China ranks number one as the country from which companies are reshoring, followed by Mexico, Canada, India, and Japan. Manufacturing in Mexico today is at least 20% cheaper than China. Obviously, most will choose the cheaper iPhone.

Manufacturing Procurement 62

Manufacturing Procurement China South Carolina Arizona 62

Logistics Bureau

APRIL 3, 2023

For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

Optimal Sourcing 72

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 72

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. Truck and rail transportation movements across the Mexico and U.S.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Supply Chain Matters

JULY 18, 2023

the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories. HP Specific Moves This latest report goes on to indicate that a portion of production sourcing, estimated to be upwards of 5 million units, will shift toward Mexico to support U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Supply Chain Matters

JULY 6, 2023

Mixed Picture for Manufacturing Activity in Mexico The S&P Global Mexico Manufacturing PMI© report for June was headlined with a mix of what was termed positive developments of rising production levels contrasted with demand decreases. product demand volumes. reflected a significant 3.5

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 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

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. Sustainable procurement: consists of environmentally friendly purchasing that carry reduction, reuse, and recycle.

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

BlueYonder

MARCH 6, 2020

Lucky are the companies that can shift production to other countries like Mexico or Vietnam. where is my inventory,” and leverage ML-based recommendations to find alternate sources of supply and integrated execution capabilities to turn recommendations into alternate supply shipments. The third is exports to China.

Real-time Visibility 92

Real-time Visibility Modeling Supply Chain Planning Software Supply Chain Software 92

Freight Plus

OCTOBER 25, 2019

This, along with many other leading indicators (transportation data, inverted yield curves, lower GDP) still make the possibility of a recession in 2020 a real possibility. Chris was director of supply chain at SharkNinja where he was responsible for procurement, inventory management, and new product development.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Eliminating Excel in Purchasing Manufacturing Procurement 40

Supply Chain Matters

SEPTEMBER 17, 2022

Last evening, global parcel, logistics and transportation services provider Fedex Corp. Equity analysts quickly revised their analysis and outlooks for FedEx and other associated transport and logistics focused businesses. Development. As a result, the carrier announced immediate and direct actions in reducing costs.

Cost Reduction Strategies 59

Cost Reduction Strategies Resource Reduction Inventory Reduction Sourcing Strategies 59

Supply Chain Opz

NOVEMBER 9, 2014

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. These are three examples: Rule 3.1:

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Freight Plus

FEBRUARY 27, 2020

In today’s state, that transparency does not exist (or rarely exists), and it makes it very difficult for Transportation Operators to budget costs for 2020. Chris was director of supply chain at SharkNinja where he was responsible for procurement, inventory management, and new product development. Chris Peckham.

Price Reduction 52

Price Reduction Research Houston California 52

Locus

JUNE 3, 2022

Hurricane Ida struck the Gulf of Mexico in August 2021, destroying industrial installations for pharmaceuticals and plastics. Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes. Transportation is an energy-intensive activity in logistics.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Freight Plus

FEBRUARY 27, 2020

In today’s state, that transparency does not exist (or rarely exists), and it makes it very difficult for Transportation Operators to budget costs for 2020. Chris was director of supply chain at SharkNinja where he was responsible for procurement, inventory management, and new product development. Chris Peckham.

Price Reduction 52

Price Reduction Research Houston California 52

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.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52

Supply Chain Matters

JULY 7, 2022

Noted in the June report was that among the five sub-indexes that constitute the manufacturing PMI , the production index, new order index and supplier delivery time index were all above the 50 threshold, and the raw material inventory index and employee index were all below. for June, compared to a reported value a value of 48.1

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

NC State SCRC

DECEMBER 8, 2019

Co-location of supply chains will reduce disruptions, complications with transportations, government regulations, etc. When it is not in motion, it is classified as inventory. But this took time – we had to “defrag” our supply chain, and eventually I learned we had 59 days of inventory. and will operate more efficiently.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Design 52

Logistics Viewpoints

JANUARY 13, 2022

As organizations look for reducing dependencies on concentrated sources of supply, Eastern Europe, Mexico, and South Asian countries will start providing viable alternatives to the current manufacturing powerhouse countries. Having such options allow them to get to the market faster, turning adversities into advantages.

Supply Chain Design Software 236

Supply Chain Design Software Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 236

Supply Chain Matters

JUNE 9, 2023

Bloomberg reported in November 2022 that shipments of motor vehicles, computer parts and boats, manufactured in Mexico and destined for U.S. the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories. Mexico is near the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Resource Reduction 52

QAD

APRIL 4, 2023

In this area, enhancements include: An uplifted user experience for co- and by-products across engineering, production and inventory capabilities to boost efficiency and help manufacturers succeed in today’s digital world. With the recent acquisition of Redzone, QAD Redzone Connected Workforce joins the QAD Adaptive Applications portfolio.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 96

SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. He graduated from the Cambridge Academy of Transport and the Chilean and German Commerce Institute with a degree in maritime transport, respectively.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

6 River Systems

SEPTEMBER 17, 2019

In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. Bed Bath & Beyond is also implementing inventory reduction strategies and is on track for a 5% reduction year-over-year by the end of the current fiscal year.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Inventory Reduction 45

6 River Systems

JULY 25, 2019

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

NC State SCRC

DECEMBER 14, 2016

Planning and Execution (Howard) owns planning, inventory and production, with Logistics (Jerry) owning inbound and outbound. Managing inventory cost is always an issue, and it is often driven by a number of factors. When we are focused on inventory and Excess &Obsolescence (E&O) you know we are not doing well.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 40

Resilinc

JULY 20, 2021

In the decades since, Linton and his teams at IBM, LG, Flex and other companies have driven billions in annual procurement to China and other Asian countries, helping to create the Asia-centric manufacturing supply chains of today. Mexico already hosts a robust cluster of auto parts manufacturers that U.S.

Manufacturing Procurement 62

Manufacturing Procurement Manufacturing Puerto Rico Inventory Reduction 62

6 River Systems

JUNE 10, 2019

Cut inventory costs Be it a brick and mortar store or an online business, inventory is always present and it costs money. To avoid skyrocketing inventory expenditure, you need to keep accurate inventory count. To avoid skyrocketing inventory expenditure, you need to keep accurate inventory count.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

BlueYonder

AUGUST 29, 2019

increasing inventory before the deadline. Loading up on inventory drives additional inventory carrying costs, insurance and often contracting for more storage. While near-shoring to Mexico, Canada or the U.S. What will be the impact on costs for production and transportation? What options do retailers have?

Optimal Sourcing 49

Optimal Sourcing Negotiating Skills Supply Chain Planning Software Manufacturing Procurement 49

BlueYonder

AUGUST 29, 2019

increasing inventory before the deadline. Loading up on inventory drives additional inventory carrying costs, insurance and often contracting for more storage. While near-shoring to Mexico, Canada or the U.S. What will be the impact on costs for production and transportation? What options do retailers have?

Optimal Sourcing 40

Optimal Sourcing Negotiating Skills Supply Chain Planning Software Manufacturing Procurement 40

Talking Logistics

DECEMBER 20, 2017

Mexico and Canada are heading into 2018 with no clear plan for saving the North American Free Trade Agreement,” states a Bloomberg article published on December 15. If they actually follow through on their promise and oil prices continue to rise next year, how will transportation, inventory, and sourcing policy decisions change in response?

Predictive Analytics Software 92

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 92

NC State SCRC

APRIL 22, 2017

He began by discussing how Free Trade Agreements, along with labor costs and transportation rates, are among the three most critical elements to factor in when analyzing global supply chain decisions. It excludes Canada, USA, Mexico, Chile, and Peru. The RCEP doesn’t cover labor laws, data, information services – just products.

Price Reduction 0

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 0