SCMDOJO

JULY 29, 2022

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. S = Cost per order.

Sourcing Strategies 131

Sourcing Strategies Inventory Reduction Boston Cost Reduction Strategies 131

Logility

APRIL 29, 2022

Too much inventory means demand constraints, too little causes supply constraints. But the implications of today’s problems created by a pandemic, Russia’s invasion of Ukraine, other geopolitical factors, and supply bottlenecks have hindered overall industrial recovery. It’s a balancing act. How Supply Constraints Affect Business.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Visibility Real-time Visibility Supply Chain Software 195

SCMDOJO

MAY 30, 2025

Procurement staff must send alternate sourcing orders. A lack of understanding can lead to misdirected shipments, sitting containers, or wasted inventory. Ukraine Conflict As conflict flared in Ukraine, companies with Eastern European supply chains had to change procurement channels overnight.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Negotiating Skills Modeling Software 59

SYSPRO Smarter ERP

MARCH 31, 2022

The further disruption caused by Russia’s invasion of Ukraine could cause major disruptions to the global supply chain and impact South Africa. Supply chains over the years have predominantly focused more on minimising end-to-end costs, reducing inventories while driving up asset utilisation. Supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software 105

Jaggaer

APRIL 9, 2025

Supply chain processes include procurement from source to pay, together with inbound logistics, production, quality control, outbound logistics and post-sales service. This recognizes the interconnected nature of procurement, production, logistics, and distribution. A supply chain is thus a complex sequence of operations.

Manufacturing Procurement 52

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SYSPRO Smarter ERP

SEPTEMBER 8, 2022

Manufacturers and distributors will need to rethink their use of lean manufacturing strategies that minimise their inventory held by optimising the inventory mix required to protect customer service in their global supply chains. The procurement process doesn’t start with raising a purchase order and sending it to a supplier.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain 105

Supply Chain Matters

MARCH 22, 2022

In this Supply Chain Matters commentary, we highlight the latest OECD global economic forecast in the ongoing light of the Ukraine conflict and provide some additional industry supply chain implications. . In addition, supply chains around the world are dependent on exports of metals from Russia and Ukraine. and perhaps other regions.

Forecasting 52

Forecasting Ukraine Price Reduction Inventory Reduction 52

Supply Chain Game Changer

AUGUST 19, 2022

There are a variety of ongoing disruptions caused by Russia’s invasion of Ukraine and the resulting economic Russian sanctions coming from other countries. Sanctions make these elements harder to procure elsewhere while preventing many companies from using existing Russian sources. Subscribe to Supply Chain Game Changer. Raw materials.

Russia 98

Russia Supply Chain Optimization Global Optimal Sourcing 98

QAD

AUGUST 16, 2022

Continued fallout, including transport congestion, limited air freight and rail freight transportation in the Asia-Europe lanes, because of the Russia/Ukraine conflict. QAD SRM delivers the tools to improve real-time communication and procurement processes and to counteract supply risks. Potential U.S.

Optimal Sourcing 98

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Supply Chain Matters

JUNE 17, 2022

Reportedly, since Russia’ s invasion of Ukraine , global CEO s are confronting a world of extraordinary volatility and uncertainty, forcing many to reassess their growth assumptions and put strategic plans on hold. Inventory Management Assessment- Samsung Electronics. cyberattacks. Inflation are top of mind concerns.

Inventory Reduction 52

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Supply Chain Matters

MARCH 23, 2022

In this Supply Chain Matters March 23 rd edition of our COVID-19 and Ukraine Conflict News Capsule, we provide updates to ongoing industry supply chain developments and disruptions of concern to our reading audience. importers are resetting inventory ordering strategies to avoid any contentious contract talks this summer.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

Supply Chain Matters

JULY 20, 2022

percent for this year, two percentage points lower, warning of the effects of high global wide inflation, the war in Ukraine and continued supply chain disruptions will impact real GDP growth. Reportedly, the inventories of the largest 3,000 global firms, excluding real estate firms, increased inventory levels from 5.2

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Supply Chain Strategy Supply Chain 98

BlueYonder

MAY 29, 2025

If they forecast too high, automakers end up with incredibly expensive, heavy component inventories on hand that require special handling and storage. Worse, that inventory is aging quickly, as battery innovation picks up speed. Raw material supply forecasts, production capacities and supplier availability are the main constraints.

Modeling 52

Modeling Demand Planning Software Supply and Demand Manufacturing Procurement 52

Supply Chain Matters

OCTOBER 25, 2022

It is becoming clearer that supply chain procurement and logistics teams elected to route import shipments thru either U.S. Similarly, WSJ separately reported that trucking freight operators now indicate that the traditional peak shipping season is crumbling as overstocked retailers cancel any new inventory orders. All rights reserved.

Ukraine 52

Ukraine Supply Chain Planning Manufacturing Procurement Los Angeles 52

BlueYonder

JUNE 16, 2022

In his recent blog , Anmol Khurana discussed the immediate effects of the Russia-Ukraine conflict for companies shipping products in and out of the region. Even more damaging are the potential long-term impacts for the world’s food supply as Russia seizes Ukraine’s grain supplies and harvesting equipment.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Optimal Sourcing 52

SYSPRO Smarter ERP

APRIL 13, 2022

Even companies without a direct supplier connection in Russia or Ukraine will experience debilitating disruption across industries from energy to agriculture. Put your logistics, supply chain and procurement teams on high alert for computer viruses and increased phishing attempts. The control you need, with the experience you want.

Supply Chain Planning Software 111

Supply Chain Planning Software Price Reduction Cost Reduction Strategies Material Savings 111

Proxima

MARCH 9, 2022

Costs in the supply chain have been rising for some time now and, more worryingly, those increases show little sign of abating, particularly given the ongoing events in Ukraine. At a time when operating costs and balance sheets are already under pressure, the last thing businesses need is shortfalls, process waste, or excess inventory.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Waste Reduction Procurement 52

SCMDOJO

JUNE 28, 2024

Maryna has: 5 years of experience in procurement training and consulting. 10 years of experience in purchasing and procurement, the tobacco market in particular. Maryna has: 5 years of experience in procurement training and consulting. 10 years of experience in purchasing and procurement, the tobacco market in particular.

Negotiating Skills 93

Negotiating Skills Optimal Sourcing Purchasing Skills Supply Chain Design Software 93

BlueYonder

OCTOBER 30, 2023

In order for logistics, procurement and distribution to align with the general advancements of the industry itself, these critical areas must give in to a more comprehensive transformation. The automotive industry has shown itself to be brave in recent times, in all areas but one: the supply chain.

Automotive 110

Automotive Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Planning Software 110

Supply Chain Matters

JANUARY 6, 2023

Downside risks that include monetary policy miscalculations, an uncertain outcome to the ongoing Russia-Ukraine conflict and further supply network disruptions as a result of more far-reaching spread of Covid variant infection rates across China. The three largest global economies ( Europe , United States , China ) expected to stall.

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 98

QAD

MAY 23, 2023

ESG Regulations are Driving Investment in Sustainable Procurement Regardless of where you stand on the ethics behind ESG issues, you’d think consumer demand would be a clear driver for sustainable product development. Compliance appears to be a significantly larger driver for sustainable procurement than ethics or consumer demand.

Procurement Solutions 98

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 98

Precoro

AUGUST 31, 2023

Recall how manufacturers had to limit their on-site staff due to coronavirus safety regulations; more recently, food production in Ukraine was disrupted, which in turn affected the sales channels of Ukrainian products and everyone around the world who uses or distributes them. Is your inventory optimized ? Do you overstock ?

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

The Logistics & Supply Chain Management Society

APRIL 19, 2023

COVID and related measures have shown the world the high degree of interdependence of countries for their basic food supply, risks of lean supply chains where inventories in the supply chain have been reduced or eliminated, and the fragility of this global agri-food supply chain architecture to disruptions.

Waste Reduction 130

Waste Reduction Food Resource Reduction Price Reduction 130

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. s major retailers.

Supply Chain Planning Software 59

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

American Global Logistics

DECEMBER 7, 2022

We had a hangover from the pandemic: Which led to continued inventory shortages, closures of manufacturing plants in China, congested ports, and underemployment. Cargo planes could not fly out of or into Russia or Ukraine. Likewise, ships could not sail into or out of Russia and Ukraine. It also led to inventory excesses.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

QAD

MARCH 9, 2023

Russia’s invasion of Ukraine sparked a major energy crisis in Europe, environmental disasters and pandemic lockdowns have continued to disrupt transport and supply chains, raw material costs and inputs are on the rise in many parts of the world and inflation is creating challenges for end consumers and companies alike.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 98

ModusLink Corporation

DECEMBER 13, 2022

Yes, COVID caused many issues, but other factors, including geopolitical changes, the war in Ukraine, weather events, peak season , and economic instability, have altered the fabric of logistics. Warehouse and distribution managers and procurement professionals will need to start thinking about managing the customer experience better.

Agile and Lean Supply Chain 78

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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

Synovos

FEBRUARY 21, 2023

I have spent a great deal of time talking to engineers, maintenance and procurement professionals involved in MRO,” says Will Brummett, Vice President of Sales, North America, for RS Integrated Supply. “I The war in Ukraine has now exacerbated this problem. I have learned a lot about the challenges they face.” The solution?

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Inventory Reduction Price Reduction 52

Supply Chain Matters

APRIL 1, 2022

Now the New York Minute is reflective of Russia waging war in Ukraine , precipitating a significant war footing on the European continent, the most significant since World War Two , including a widescale refugee crisis as Ukrainian citizens are forced to flee their homeland. Additional Thoughts.

Manufacturing Procurement 52

Manufacturing Procurement Negotiating Skills Sourcing Strategies Ukraine 52

BlueYonder

DECEMBER 14, 2023

Micron has transformed its processes and relationships with customers and suppliers and used Blue Yonder’s Supply Planning and Inventory Optimization solutions to make its supply chain a competitive advantage. China, Ukraine, Middle East), high interest rates, concerns about recession, etc.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 103

Elementum

JUNE 30, 2022

Over the last 2 years, Supply Chain teams have been struggling to procure and manufacture enough inventory. Suppliers will continue to ship orders in an effort to get the inventory off their books. Javier Echevarria has joined Ingredion as their Chief Procurement Officer. How could Stagflation impact Supply Chain?

Procurement Analytics 78

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Supply Chain Matters

JUNE 3, 2022

Additionally noted was that panelist 12-month outlook for output slipped to a five-month low amid concerns of Covid-19 restrictions and the Ukraine conflict in Europe. They need to further analyze and assess the impact of added costs, particularly those related to inventory management. This index rose to 54.7 in May from 51.7

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Supply Chain Planning Report 52

SCMDOJO

NOVEMBER 2, 2023

Services Matias Offer on SCMDOJO Logistics Consulting Maritime Freight Sourcing and Procurement Logistics Technology Sourcing Executive Mentoring Guide: Matias, our supply chain consultant, has also created Maritime Freight Sourcing and Procurement Guide , which is available from SCMDOJO Academy.

Supply Chain Design Software 59

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

Supply Chain Matters

JULY 25, 2022

Previous global materials sourcing and just-in-time driven inventory management policies were laid bear with the realization that supply risk was a more problematic and business critical dimension. The most sobering development in this area has been the Russian invasion of Ukraine that began in late February. Mid-Year Assessment.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Precoro

MARCH 22, 2023

Some industries went straight from the frying pan to the fire, so to speak; as soon as the COVID problem had mostly cleared up, the Russian invasion of Ukraine disrupted supply chains for resources like food products and oil and gas. Both Ukraine and Russia are among the most important producers of the abovementioned commodities in the world.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Disruption Supply Chain Planning Software Material Savings 52

Supply Chain Matters

OCTOBER 5, 2022

Trade and output will be weighed down by multiple shocks, among them being the war in Ukraine, high energy prices, inflation and monetary tightening. World GDP at market exchange rates is forecasted to increase by 2.8 percent in 2022 and by 2.3 percent in 2023 (revised downward from 3.2 Further Warning of Recession.

Price Reduction 52

Price Reduction Inventory Reduction Global Forecasting 52