Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Why Is Purchase Price Variance Important?

Purchasing Skills 98

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QAD

DECEMBER 16, 2021

The global supply chain is facing a perfect storm of challenges, and dealing with it, according to GE CEO Larry Culp , “really is akin to playing Whac-A-Mole.” And the current global supply chain disruptions may be sticking around longer than we might think. Manufacturers know all the issues: U.S.

Supply Chain Disruption 95

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BlueYonder

NOVEMBER 16, 2023

Omni-channel has been firmly positioned as the new industry standard, forcing wholesale distributors and manufacturers to release the brakes and embrace digital transformation to stay relevant. Those who get it right are improving their market share by up to 10% a year.

Manufacturing Procurement 83

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ToolsGroup

DECEMBER 20, 2021

Global Trade Authority Rob Garrison, CEO and Co-Founder of Mercado Labs, shares insights from over 30 years of supply chain experience working with a variety of Fortune 500 companies. Here, he explains what caused current global supply chain disruptions, and shares the five steps needed to overcome today’s supply chain issues.

Supply Chain Disruption 194

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Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. What is just-in-time procurement? What is just-in-case procurement?

Just-in-Time 52

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QAD

JANUARY 4, 2022

The Oxford Languages and Merriam-Webster dictionary folks have advanced “Vax/vaccine” as 2021’s word of the year, but we think it really should be “disruption.” 2021: A Year of Continued Disruption…for All Industries. Several industries stood out with solutions to disruptions. International and domestic shipping disruptions.

Manufacturing Procurement 96

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Arena Solutions

APRIL 4, 2023

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

Manufacturing Procurement 74

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Logistics Viewpoints

OCTOBER 20, 2021

In our conversation, Ken spoke about some of the findings from a recent survey Logistyx conducted on cross-border holiday spending, as well as some larger trends around the state of parcel shipping. Fourth, what are some industry-specific trends for parcel shipping? The State of Parcel Shipping. The Holiday Season.

Supply Chain Network Software 191

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ToolsGroup

APRIL 1, 2022

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Increased Prices Resulting from Shortages and Supply Chain Issues. Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. How Labor Shortages Have Hurt the Supply Chain.

Material Savings 207

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Logistics Viewpoints

AUGUST 16, 2023

It’s good to see these companies recognizing the impact of climate change, and changing their policies, sourcing, and manufacturing practices to reduce emissions. Agriculture, oil and gas operations are major sources of methane emissions. And there are a variety of ways in which climate change is affecting supply chains.

Resource Reduction 206

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SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 105

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ToolsGroup

JULY 19, 2023

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. Digital Twin Applications For instance, say you’re a manufacturer or distributor. Are you a manufacturer wondering how best to leverage real-time data to elevate your business performance?

Real-time Visibility 295

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Logistics Viewpoints

FEBRUARY 15, 2022

True resiliency is achieved when supply chain leaders can predict issues and dynamically respond – from sourcing and manufacturing to final delivery – with agile solutions. To cultivate true supply chain resiliency, the concept of end-to-end supply chain visibility should not be limited to freight shipment transparency.

Agile and Lean Supply Chain 281

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Logistics Viewpoints

JANUARY 23, 2024

The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers. Blue Yonder also acquired Doddle to close the loop on reverse logistics. In some cases, a customer can cancel or change the shipping location after the item has been picked and packed.

Supply Chain Planning Software 209

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Logistics Viewpoints

JANUARY 21, 2022

Five major UK supermarkets are set to trial age estimation technology to accurately guess customers’ ages when purchasing alcohol. And now on to this week’s logistics news. Supply chain woes could worsen as China imposes new Covid lockdowns. Certainly sounds like interesting technology.

Logistics Network Optimization Software 190

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Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. This new behavior means that manufacturers and retailers need to anticipate consumer needs across channels with more accuracy than ever.

Logistics Network Optimization Software 187

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Logistics Viewpoints

APRIL 8, 2022

And now on to this week’s logistics news. Staten Island workers could challenge the company’s current labor model, which is the backbone of its Prime two-day shipping promise. Ongoing global supply chain disruptions have many companies shifting supply chain strategies.

Logistics Network Optimization Software 207

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Logistics Viewpoints

JANUARY 27, 2023

And now on to this week’s logistics news. Amazon has launched Amazon Air , its dedicated air cargo fleet, in India as the e-commerce giant bulks up its logistics infrastructure in the key overseas market where it has deployed more than $6.5 India is the third market where Amazon has launched its freight service.

Logistics Network Optimization Software 216

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Elementum

JUNE 22, 2022

In recent blogs, we laid out the basics of supply chain management , and discussed some of the macro factors contributing to the increase in supply chain disruptions. We ’ ll take a close look at the way this operating philosophy has directly contributed to the brittleness in today ’ s global supply chain.

Manufacturing Procurement 78

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Elementum

MAY 26, 2022

These self-imposed problems are, not surprisingly, endemic to major successes with outmoded approaches, and in the face of today’s new challenges and demands, they’ve exacerbated an already urgent supply chain crisis. Supply Chain Disruption: A Closer Look at Macro Factors. 2) Ship to the US and Western Europe.

Supply Chain Disruption 78

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Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. Inflation, pandemics, railway strikes, adverse weather events – the supply chain disruptions keep on coming.

Supply Chain Design Software 231

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EazyStock

MARCH 17, 2021

As globalization extends supply chains around the world, the likelihood of negative impacts stemming from supply chain disruption increases. Supply chain disruptions are an inevitability for any supply chain, though the severity of the impacts can vary. Black Swan Events.

Supply Chain Disruption 78

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Logistics Viewpoints

OCTOBER 21, 2022

And now on to this week’s logistics news. Container-ship logjams off US ports finally easing as imports fall. Retailers help decarbonize ocean shipping. Container ships are still waiting to get space at North American ports. Speaking of container ships, global brands pledge to eliminate maritime emissions by 2040.

Logistics Network Optimization Software 206

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The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. Firms could choose to insource certain manufacturing processes, such as product assembly.

Cost Reduction Strategies 245

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Unleashed

NOVEMBER 20, 2023

Supply chain optimisation helps manufacturing businesses drastically reduce operational costs to improve revenue and customer satisfaction. In our latest Supply Chain Roundtable, four experts share their advice and experience around optimising the manufacturing supply chain.

Manufacturing Procurement 52

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ToolsGroup

NOVEMBER 23, 2021

As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. The 2021 supply chain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues.

Supply Chain Planning Software 291

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Logistics Viewpoints

DECEMBER 5, 2022

Digital Twin from Infor Nexus Drives Supply Chain Agility for Molex. The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. The Molex Supply Chain. The Molex global supply chain is complex. This involves a lot of long-haul transportation.”

Agile and Lean Supply Chain 196

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Logistics Viewpoints

MAY 13, 2022

And now on to this week’s logistics news. Kraft Heinz wants to solve its supply chain problems — in the metaverse. The company announced a deal with Microsoft to help secure its supply chain by, among other things, using automation to speed up operations and replicate the company’s facilities online.

Logistics Network Optimization Software 178

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Logility

SEPTEMBER 19, 2022

Port congestion, shipping delays, and other supply chain disruptions are affecting industries across all economic sectors, and that includes beverages of all types. For wine and spirits companies, for example, the glass bottle shortage and shipping glitches are two of the biggest problems. A plastic resin shortage.

Beverage 130

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Logistics Viewpoints

JULY 8, 2022

Nintendo is struggling to break out of a frustrating sales slowdown, selling 33 percent fewer units of Switch game systems in the April-June quarter than a year ago in Japan due to a crippled supply chain. Nintendo is having negotiations on procurement, but the outlook is uncertain. And now on to this week’s logistics news.

Negotiating Skills 204

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Resilinc

DECEMBER 21, 2023

Understand how the recent Red Sea ship attacks are impacting global supply chains and how to mitigate potential risks. Ships are avoiding Egypt’s Suez Canal, the shortest maritime route from Europe to Asia and one of the world’s most important waterways, which accounts for about 12% of the world’s shipping traffic.

Supply Chain Planning Software 61

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Logistics Bureau

AUGUST 2, 2020

The Coronavirus pandemic has raised concerns over China sourcing, accelerating the trend in businesses around the world seeking secondary sourcing countries. Heading the list of alternative manufacturing hubs are Vietnam, India, Thailand, and Mexico. Why SMEs May Lead a Shift Away from China Sourcing.

Manufacturing Procurement 92

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The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Cloud technology allows organizations to combine all supply chain and logistics information into a single, central solution. IoT sensors provide real-time visibility into inventory levels, making it possible to identify sales trends and make more accurate projections to plan for future manufacturing or replenishment.

Supply Chain Planning Software 298

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SCMDOJO

JANUARY 17, 2024

A myriad of professionals within the field ensures timely deliveries from suppliers and orchestrates manufacturing processes to meet your requirements, contributing to a rewarding career path in supply chain management. That is to say, there isn’t one single career in supply chain management.

Negotiating Skills 69

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Logistics Viewpoints

JULY 13, 2022

Supply chain disruptions are continuing to occur for a variety of reasons. Weather delays can affect shipping lanes, manufacturers face product shortages, demand continues to spike for certain products, containers are difficult to acquire, and the trucking industry faces a driver and capacity shortage, just to name a few.

Supply Chain Software 213

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The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Figure 1: Identifying gaps in supply chain competency Overall Findings from three segments of industry were identified namely logistics, manufacturing and trading. The logistics industry is known for its cost sensitivity and customer-oriented approach.

Purchasing Skills 130

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Logistics Viewpoints

FEBRUARY 25, 2022

Those shipments need to go by Ocean or the more expensive Air mode if ship berths can’t be found. These rising prices can cut into the profits of manufacturers, distributors, and retailers who are reliant on this form of energy for powering their facilities. Food inflation is a risk from a supply chain disruption.

Price Reduction 207

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