ivalua

SEPTEMBER 14, 2022

With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption. The study also found that suppliers will be vital for successfully ensuring supply continuity. About the research.

Supply Chain Planning Software 130

Supply Chain Planning Software Inventory Reduction Supply Chain Disruption Supply Chain Software 130

Logistics Viewpoints

FEBRUARY 26, 2024

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. Buying organizations use this technology to monitor and analyze supplier risk events in real-time. A customer of the risk solutions begins by listing key suppliers.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

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

Supply Chain Matters

JUNE 17, 2022

Inventory Management Assessment- Samsung Electronics. We noted in our editorial likely needs for comprehensive inventory management assessments especially given the risk of higher working capital costs are a result of higher interest rates. Samsung ’s inventory balances reportedly reached the equivalent of $36.9

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Supply Chain Matters

APRIL 4, 2024

Supply Chain Risk Management Provider Avetta Acquired Stockholm based private equity firm EQT has reportedly agreed to acquire supply chain risk management software technology and managed services provider Avetta from existing private equity owners Welsh, Carson, Anderson & Stowe ( WCAS ).

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

ivalua

NOVEMBER 26, 2020

Many nations are now facing the prospect of new lockdowns which will undoubtedly further impact global supply chains. . Supply Chain Risk Management on the World Stage – Lessons Learned. Reallocating their volumes and splitting between regions means increasing production costs for the security of supply. .

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. Environmental changes involve shifts in sustainability requirements, climate-related risks, or the need to comply with environmental regulations.

Agile and Lean Supply Chain 130

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

Supply Chain Matters

OCTOBER 12, 2022

The Logistics Managers Index Report® , compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP) , reported a September value of 61.4,

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Supply Chain Shaman

AUGUST 11, 2015

The rising complexity of items sold decreases the organization’s ability to forecast, and the longer lead times across multiple tiers of sourcing and supply, increases the bullwhip impact (distortion of the demand signal across multiple tiers of the value network). This increases risk. In my life time, supply chains changed.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 150

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. In order to meet flat spending goals, transformational needs will have to be budgeted from any added savings garnered across supply chain functional areas.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

ivalua

JUNE 10, 2020

The Covid-19 pandemic has exposed the fact that many supply chains remain inadequately prepared for a crisis. Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. Gaining a Full Picture of Supply Chain Threats.

Risk Management 147

Risk Management Optimal Sourcing Manufacturing Procurement Waste Reduction 147

Bristlecone

MARCH 25, 2020

RAPID DEPLOYMENT SOLUTION CAN TRANSFORM SOURCING IN JUST SIX WEEKS. With AribaRDS, businesses can transform global sourcing, gain visibility, reduce cycle times and start achieving procurement savings with SAP Ariba Sourcing in as little as six weeks with minimal downtime – and at a price point that won’t break the bank.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Price Reduction 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.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Supply Chain Matters

NOVEMBER 28, 2022

Specifically for retail and consumer goods focused supply chain management teams, a short-term tactical concern is the ongoing management of excess product inventories, which in many cases, need to be trimmed before the end of the year. Implications of Covid Lockdown Challenges Across China.

Sourcing Strategies 59

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 59

Supply Chain Matters

SEPTEMBER 6, 2023

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The inventories index decreased 2.1 manufacturers are continuing to draw down inventory levels. 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

Resilinc

JUNE 21, 2023

. “ Flow: How the Best Supply Chains Thrive ” provides a framework for ensuring continuity of supply and explores the future of supply chains in a post-pandemic world. Lynch drives home an important message, “You cannot manage risk, you can only navigate uncertainty.”

Supply Chain Software 62

Supply Chain Software Supply Chain Strategy Agile and Lean Supply Chain Supply Chain Optimization 62

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. . 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

Supply Chain Matters

JULY 15, 2022

The supply chain supporting the delivery of equipment is the de-facto facilitator of this business model. Sourcing was both a cost as well as landed cost decision factor. The move was communicated as a means to boost market share and to gain access to domestic sources of manufacturing capability.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Kinaxis

OCTOBER 23, 2015

With extreme weather—running the gamut from droughts to flooding rains—likely to occur across the globe this winter, we can expect to see the supply chain affected in several areas. El Niño may serve as the ultimate test of supply chain risk management and resiliency. Assess Inventory Positions.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy Supply Chain 100

Supply Chain Matters

JUNE 16, 2022

The Logistics Managers Index for May indicated that inventory costs are now one-third higher than they were last year. CFO ’s, if they have already done so, will be calling for a comprehensive inventory management analysis, especially if prior decisions were made to take on added inventory as a supply network risk mitigation measure.

Material Savings 52

Material Savings Inventory Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Game Changer

JUNE 16, 2020

While most jobs are not life threatening the level of risk is still prevalent. What are the risks that Supply Chain people deal with every day and what is Supply Chain Risk Management? Supply Chain Risk Management. What is we had a chemical explosion?

Supply Chain Risk Management 57

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 57

Supply Chain Matters

AUGUST 11, 2022

In our Part Two look back commentary , we observed efforts and activities by businesses directed at restoring more direct control of supply network materials sourcing. During 2021, it would appear that many businesses and supply management teams elected to add to overall inventory levels to augment resiliency.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Cost Reduction Strategies Supply Chain Strategy 52

Supply Chain Matters

APRIL 1, 2022

Responding to various questions from equity analysts, his comments were noted by some in financial media as being brutally honest about the state of supply chains: “ Everybody thinks supply chains are getting better, I don’t think they’ve gotten better at all.”. Everything is a little out of sync right now. ”.

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Material Savings 52

Talking Logistics

JANUARY 8, 2018

The reality is that supply chain management is not just about managing orders and transportation and inventory — it’s about doing all those things while also navigating through the many risks that could disrupt your supply chain or bring it to a halt.

Supply Chain 103

Supply Chain Logistics Network Optimization Software Real-time Visibility Sourcing Strategies 103

Supply Chain Matters

APRIL 14, 2023

The company manages operations from eight different global office locations and can converse business in twenty-five different languages. The company’s technology aims to provide a holistic approach to transport management.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 52

Supply Chain Matters

OCTOBER 6, 2023

Reportedly, destocking activities increased with finished product and raw materials inventories decreasing by the end of the quarter. Morgan Global Manufacturing PMI®, compiled by S&P Global in association with ISM and IFPSM , provided a banner headline of weaker intakes of new orders leading to reduced production output. reflecting a 0.4

Manufacturing Procurement 59

Manufacturing Procurement Global Optimal Sourcing United Kingdom 59

Supply Chain Matters

FEBRUARY 23, 2023

Vincent Clerc, the new incoming CEO of Maersk indicated to Bloomberg: “ The world is facing a significant inventory adjustment after a period where demand has been absolutely exceptional. The report further indicates that many retailers have pulled back on inventory replenishment orders while continuing to work through backlogs of inventory.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 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. up from a value of 53.7

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52

Supply Chain Matters

JUNE 21, 2022

As inventory-to-sales ratios dropped to near record lows, inter-modal logistics networks were forced to try to manage and synchronize essentially just-in-time material movements which were out of sync in many important dimensions. business logistics costs for 2021. . Specific Highlights. Rising Costs of Warehousing.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Talking Logistics

MARCH 2, 2016

As reported in USA Today : [In a sourcing practice nicknamed “China plus one”], big brands like Rip Curl send their specifications — what they want made and how much they’re willing to pay for it — to sourcing agents, who find factories that agree to fulfill them. Quantify the financial impact of poor supply chain visibility.

North Korea 100

North Korea Supply Chain Visibility Logistics Network Optimization Software Supply Chain Software 100

Supply Chain Matters

MAY 9, 2023

As of April, there have been eight consecutive months of global supply network contractionary conditions as depicted by the J.P. Inventory levels in retail channels remain at high levels because of bullwhip excess ordering. Morgan Manufacturing PMI© reporting , which technically would describe a production recession.

Supply Chain Planning Software 52

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

Supply Chain Matters

AUGUST 8, 2022

Warehousing and Inventory metrics continue to buoy the logistics sector. Inventory Levels remain high (and are responsible for dragging down U.S. GDP in the second quarter), and warehouses continue to struggle to hold and manage the volume.”. Additional Supply Chain Matters Perspectives.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 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 in March.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

Supply Chain Matters

MARCH 2, 2023

Report authors however, qualified that the domestic market demand was the prime source of activity growth. The trending likely involves industry-specific dimensions, a good example being high tech and consumer electronics supply network resiliency needs. for February compared to January’s value of 47.4.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

ShipBob

AUGUST 24, 2023

To improve supply chain efficiency and avoid disruptions to supply chain operations , proper supply chain management involves continuous monitoring and improvement to reduce risk significantly. Let’s dive into how today’s ecommerce businesses approach supply chain risk management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing SCM 52

Supply Chain Matters

AUGUST 3, 2022

Also highlighted was that purchasing activity, stocks of purchases and finished goods inventories collectively rose in July. There are signs of new orders softening- cited in 16 percent of general comments, compared to 17 percent in June- as panelists are increasingly concerned about excessive inventories and record high lead times.”. .

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

Supply Chain Matters

JUNE 14, 2022

Now, added published indices that reflect on global supply chain volatility and U.S. Such forces re declining consumer demand, bloated inventory levels, added industry supply chain disruptions and higher levels of cost inflation. Logistics Managers index reflects a lull in imports to U.S.

Supply Chain Planning Software 52

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