The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands. Establishing policies within the system ensures efficient inventory management.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Logistics Viewpoints

MARCH 25, 2021

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

Enterra Insights

APRIL 18, 2024

In one of those early articles, I wrote, “Globalization integrates trade by disintegrating production chains and dispersing them across economies. But as the costs of transportation increase, the length of supply lines is beginning to decrease. As a result, globalization is beginning to look more like regionalization.”[1]

Global 130

Global Cost Reduction Strategies Expense Reduction Inventory Reduction 130

Unleashed

NOVEMBER 28, 2022

Inventory replenishment is reordering stock in the right quantities, at the right time. Too much inventory can increase costs, limit cash flow, and leave you with expired stock. In this inventory replenishment guide: What is inventory replenishment? Preventing stock expiry.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 98

The Logistics & Supply Chain Management Society

JUNE 10, 2021

Managing the expectations of stakeholders and preserving the bottom line, is crucial to handle uncertainty and sustain supply chain stability. As supply chains disruptions are unpredictable preparing for any kind eventuality is a major challenge. They support supply chains to transition to an ‘asset less’ state.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Strategy 246

Logistics Viewpoints

OCTOBER 21, 2021

Recent supply chain disruptions are forcing organizations to challenge the prevailing wisdom and look for newer approaches to decision making. The simultaneous shocks to demand and supply, and the magnitude of these shocks are not something the world ever experienced.

Supply Chain Design Software 190

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Modeling 190

Enterra Insights

JUNE 15, 2023

that focuses on political and regulatory policy, put the odds of the merger successfully closing at 35 percent.”[3] ” Next, grocers need to improve inventory management. ” Finally, they believe grocers must upgrade the technologies they use as do stakeholders along the rest of the supply chain.

Inventory Reduction 245

Inventory Reduction Price Reduction Supply Chain Planning Software Modeling 245

Logistics Viewpoints

MARCH 2, 2023

Closer to home for supply chain professionals, driver shortages continue to plague the industry. Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. And we’ve yet to experience all of the possible repercussions of the conclusion of China’s zero-COVID policy.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

The Logistics & Supply Chain Management Society

NOVEMBER 23, 2020

It even took authorities some time to recognise the vital importance of warehouse logistics, supply chain continuity, truck drivers and other transport operators. SUPPLY CHAIN DISRUPTION—Respond, Recover and Regrow. Supply Chain Technology. CONCLUSION. Karmjit Singh. MORE FROM THIS EDITION.

Supply Chain Disruption 41

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Supply Chain Planning 41

EazyStock

AUGUST 29, 2023

Improving businesses and the environment In today’s fast-paced business landscape, inventory management plays a crucial role in determining a company’s success. Whether a small retailer or a large-scale manufacturer, getting your inventory right can significantly impact your bottom line. Do you have sustainability goals?

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Sustainability 52

Elementum

OCTOBER 3, 2022

Globalization and advancing technologies constantly pressure supply chains, forcing enterprises to continuously reinvent their supply chains to avoid the negative effects of supply chain disruption. With good strategies, you can see significant growth and opportunities to improve your supply chain.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 78

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

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Many companies buy forward inventory ahead of tariffs being implemented. This strategy, however, may incur additional warehousing and storage costs, and firms may experience accounting challenges where an inventory is considered an asset, which could affect cash flow. LogiSYM Supply Chain Magazine – August 2022.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

QAD

MARCH 9, 2023

The COVID-19 pandemic exposed vulnerabilities in supply chains around the world and the dust has never settled. Positive cases have been on a downward trend but supply chain disruption shows no sign of slowing down. Agile supply chains enable manufacturers to approach unpredictability with speed and flexibility.

Agile and Lean Supply Chain 94

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 94

Supply Chain Matters

JULY 28, 2023

Beyond extensive residential damage and destruction, from an industry supply chain disruption lens, the headline that garnered business and industry media coverage was that this storm provided extensive damage to a 1.4 Bob Ferrari © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

North Carolina 52

North Carolina Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 52

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. More expensive borrowing.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Inventory Reduction 52

Supply Chain Matters

APRIL 7, 2022

We now add highlights of March and Q1-2022 key global transportation and logistics indices. March and now Q1-2022 data point to continued disruption, added cost inflation and elongated transit times continuing to be manifested in the months ahead. . Global and Domestic Transportation and Logistics Indices. Global Shipping.

Global Transportation 52

Global Transportation Logistics Network Optimization Software Cost Reduction Strategies Global 52

American Global Logistics

FEBRUARY 15, 2024

By taking a proactive approach to supply chain risk management, your business can protect itself from disruptions and maintain its competitive edge. The shipping environment is prone to disruptions. A robust supply chain risk management plan is essential. It’s akin to diversifying your investment portfolio.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Agile and Lean Supply Chain Supply Chain Planning Software 52

QAD

JULY 8, 2021

In order to minimize the impact of similar future supply chain disruptions , organizations must ensure they implement and sustain the lessons learned from this disruption. Poor inventory management and lack of full inventory visibility, including inventory held by next tier suppliers.

Supply Chain Planning Software 88

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 88

Supply Chain Matters

MAY 23, 2022

Our stated takeaway from for the Q1 data was that indices were no longer reflecting the optimism indicated in February, and instead that of growing headwinds and added geopolitical concerns related to effects of the Ukraine conflict and China’s potential economic stumble as a result of a strict COVID-19 isolation policy. points to 73.9.

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Procurement planning functionality (essentially the planning of future purchase orders) is typically a subset of broader supply planning applications that plan manufacturing work orders, inventory levels, shipments, as well as purchase orders, to meet demand.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

USC Consulting Group

OCTOBER 20, 2021

That’s because the public is feeling what we who work with logistics have known for awhile — bottlenecks and supply chain disruptions have led to an unprecedented level of delay transporting goods from point A to point B. Rarely has this industry gotten this much press. All eyes are on logistics right now.

Inventory Reduction 40

Inventory Reduction Logistics Third Party Logistics S&OP 40

Enterra Insights

MARCH 14, 2022

Atwater fears that tighter monetary policies and Just-In-Case supply chains will encourage inflationary pressures. He explains, “If production strains begin to subside, and input supplies normalize, current fears should abate. .” ”[3].

Just-in-Time 130

Just-in-Time Inventory Reduction Supply Chain Planning Software Resource Reduction 130

Ware2Go

DECEMBER 16, 2021

Supply chain disruptions like freight delays may continue well beyond this year’s peak holiday shopping season. Learn how to adapt and succeed in 2022 in spite of continued disruptions. After 18 months of disruptions, the state of international freight was shaky at best heading into this holiday shopping season.

Freight 99

Freight Inventory Reduction Price Reduction Cost Reduction Strategies 99

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 75

Logistics Viewpoints

FEBRUARY 25, 2022

The Potential Impact on the Commodity Supply Chain. After months of troop buildups, attempted blackmail by Russian President Vladimir Putin to get policy concessions, failed diplomacy, and Russian lies about their peaceful intentions, Russia’s invasion of Ukraine began early Thursday morning. The Threat of Cyberwar.

Price Reduction 207

Price Reduction Ukraine Russia Logistics Network Optimization Software 207

Unleashed

JANUARY 31, 2023

Supply chain disruptions are the enemy of product businesses. Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. Therefore, information about customer demand must be available through the supply chain for this system to properly work.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

Elementum

AUGUST 1, 2022

Companies witnessed an increase in demand for different products due to e-commerce, which puts an additional burden on all the touchpoints in the supply chain, including ports, carriers, and transportation. The post What Is Causing Supply Chain Issues? appeared first on Elementum.

Supply Chain Strategy 78

Supply Chain Strategy Supply Chain Manufacturing Procurement Supply and Demand 78

Supply Chain Matters

JULY 25, 2022

Our belief was that the year 2021 provided companies as well as government policy makers considerable painful evidence to the inherent vulnerabilities of globally extended and highly complex supply chains and of the needs among businesses to be able to better respond to major product demand and supply shocks.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

American Global Logistics

JANUARY 10, 2024

We expect the ongoing focus on the following: Port infrastructure improvements Nearshoring and onshoring Creative routing options using all transportation modes from ocean to air freight. That would enable the rerouting of goods quickly as country-level disruptions occur. They will use real-time supply chain data.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Agile and Lean Supply Chain 52

SCMDOJO

JANUARY 17, 2024

They can also be in charge of mapping out logistics for transporting the supply and fulfilling orders. Planning roles include: A supply chain planner analyzes performance and improves processes. A logistics resource planner coordinates workers and transport fleets to fulfill customers’ orders.

Negotiating Skills 70

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 70

Supply Chain Matters

DECEMBER 13, 2022

The year featured continual component shortfalls, explosive inbound materials cost increases and continuous global transportation disruptions. The report headlines further pointed to a bleak outlook amid subdued business optimism, rising global-wide inventory, and leading indicators pointing to weaker intakes of new business.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Optimization Supply Chain Software Supply Chain Strategy 52

EazyStock

JUNE 22, 2020

An automated inventory optimization solution like EazyStock will be able to flag SKUs that are deviating from normal demand and send you an alert so you can add what you need to your inventory. Accurate Inventory Overview. The challenge here is keeping an eye on your inventory levels as it goes out more quickly than usual.

Industrial 52

Industrial Industry Supply Chain Planning Software Supply and Demand 52

Supply Chain Shaman

MARCH 9, 2020

With the downturn in the financial markets, the looming recession, and the fundamental shifts in demand—less travel and stay at home work policies—demand is changing. Supply chains operate blindly on order data. Over the course of the last three decades, supply chains grew more complex. The problem?

Supply Chain Design Software 312

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 312

RFgen

MARCH 22, 2023

We will also highlight key areas where businesses must focus their efforts to ensure supply chain success in an increasingly complex and interconnected world. Unstable global markets, trade wars, and fluctuating exchange rates can impact the cost of raw materials, transportation, and production.

Waste Reduction 52

Waste Reduction Material Savings Inventory Reduction Supply Chain Planning Software 52

QAD

MAY 23, 2023

This sounds simple enough, but we all know it’s a very complex issue and that’s partially because ESG concerns touch every part of the value chain, from the field or mine where raw materials are sourced to the packaging and transport modes used to bring your finished product to market.

Procurement Solutions 93

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 93

The Logistics & Supply Chain Management Society

JULY 16, 2023

Supply changes occur when there are fluctuations in the availability or accessibility of raw materials, components, or finished products. These changes can be caused by factors such as natural disasters, political unrest, trade disputes, or disruptions in transportation networks.

Agile and Lean Supply Chain 130

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