Supply meets demand: New sourcing automation solution targets ocean freight procurement

Manufacturing & Logistics IT

Global provider of Intelligent Sourcing Automation, Keelvar, has launched its new AI-powered ocean freight sourcing automation solution

Going Digital for Manufacturing

DELMIA Quintiq

However if your company needs to reduce manufacturing lead times, streamline inventories, boost efficiency, make the right promises to your customers, and all of this at the same time, you need to challenge this status quo. “I do not need a Production Scheduling solution!”.

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Mid-Year Assessment of 2022 Supply Chain Sourcing Predictions- Part Two

Supply Chain Matters

Restoring More Direct Control in Materials Sourcing. 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.

Build Supply Chain Resilience with a Diverse Sourcing Strategy 

Logility

Developing Diverse, Resilient Sourcing Strateg ies. Once a responsible sourcing network is established, you can then include product and supply chain strategies to design the supply chain network,” suggests Balte.

July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P.

Best-Cost vs. Least-Cost Sourcing

Talking Logistics

The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. And earlier this month, the Wall Street Journal published an article about how the toy maker K’Nex has moved most of its manufacturing operations from China to its factory in Pennsylvania.

Will COVID-19 Lead to More U.S. Manufacturing?

Talking Logistics

Will the COVID-19 crisis lead more companies to manufacture and source their products and materials from the United States instead of China and other countries? Manufacturing? Manufacturing? appeared first on Talking Logistics with Adrian Gonzalez.

The Role of Data in Sourcing Success

LevaData

It's difficult to source and buy direct materials at scale. Also, would it be more effective to buy from a distributor rather than the manufacturer; if so, which distributor? The Role of Data in Sourcing Success It's difficult to source and buy direct materials at scale.

Demystifying Transportation Sourcing – A Practitioner’s View

EC Sourcing Group

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

The Exploding Use of Robotics in Logistics and Manufacturing

GlobalTranz

The world has changed from the oil days of machine assisted assembly lines and manufacturing processes as more robots have entered the workforce. Robotics is not just a way to help companies, but many manufacturers have recognized how robots can improve their supply chain processes, benefit the company, and drive their future success. Driving Forces Behind Robotics in Logistics in Manufacturing. Benefits of Robotics in Logistics and Manufacturing.

Demystifying Transportation Sourcing – A Practitioner’s View

EC Sourcing Group

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Sourcing Priorities: Low Cost Geography or Domestic On-shoring?

Supply Chain Game Changer

For many years the predominant priority in sourcing has been finding the lowest cost possible. However the continuity of supply issues caused by the pandemic has created a call to repatriate much of this manufacturing into domestic, albeit higher cost, regions. Subscribe Here!

The Role of Data in Sourcing Success

LevaData

It's difficult to source and buy direct materials at scale. Also, would it be more effective to buy from a distributor rather than the manufacturer; if so, which distributor? The Role of Data in Sourcing Success It's difficult to source and buy direct materials at scale.

Breaking: Illinois tanker company calls it quits, sources say

The Supply Chain Journal

After 41 years, a family-owned dry and liquid bulk trucking company ceased operations as of midnight Tuesday, sources familiar with the matter told FreightWaves. Dillon Logistics Inc.,

This Week in Logistics News (July 30 – August 5)

Logistics Viewpoints

And now on to this week’s logistics news: Amazon launches same-day delivery from brick-and-mortar retail brands. Samsung has two big factories in China while SK Hynix Inc is buying Intel Corp’s NAND flash memory chips manufacturing business in China. logistics news Logistics New

Sourcing Strategy: Effective vs Efficient with Ron Crabtree

The Logistics of Logistics

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. Key Takeaways – Sourcing Strategy: Effective vs Efficient. Single sourcing to drive price and increase influence (to a point).

5 Benefits of Global Sourcing in Supply Chain Management

EC Sourcing Group

5 Benefits of Global Sourcing in Supply Chain Management. When the topic of global sourcing comes up, procurement managers often balk at global sourcing in supply chain management because they worry they will have to sacrifice quality or delivery when using global suppliers.

How complacency harms U.S. manufacturers

The Supply Chain Journal

I think everyone would agree that manufacturing represents the best of us – infusing the economy with good jobs, good pay, and a path to a secure future for millions of Americans. Why is it so hard for manufacturers to meet this demand? manufacturing sales.

5 Ways to Make Your Manufacturing Plant More Sustainable in the Age of COVID-19

DELMIA Quintiq

This classification extends to the manufacturing facilities and personnel keeping us fed and supplied. Doing more with less is more critical in manufacturing than ever. They might even find themselves conscripted into manufacturing essential products under the Defense Production Act.

Why Manufacturers Need to Rethink AI in Supply Chain

Enterra Insights

According to a 2021 Google Cloud report , 76% of manufacturers have turned to digital enablers and disruptive technologies such as data analytics, cloud, and AI due to the COVID-19 pandemic. The global manufacturing industry is ground zero for this environment.

How COVID – 19 Might Shape the Future of China Sourcing and Manufacture

Logistics Bureau

COVID-19 and the Future of China Sourcing and Manufacture. But global dependence on Chinese manufacturing is mind-boggling…. The overriding reason for this China-dependence is the cost factor, and weaning manufacturing away from that country comes at a hefty price.

Added Manufacturing Milestones for Tesla

Supply Chain Matters

The Supply Chain Matters blog highlights recent manufacturing milestones achieved by electric auto and truck maker Tesla. Manufacturing output amounted to 305,407 vehicles.

The Annual State of U.S. Logistics Report – Added Candidness and Need for More Synchronization

Supply Chain Matters

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. business logistics costs reportedly rose by 22.4

ERP for Medical Device Manufacturers Part 2

SYSPRO Smarter ERP

Those manufacturers who are still using legacy or customized computer systems will find it difficult to make the necessary changes. Integration of design and manufacturing. Many manufacturers use a CAD/CAM system for design and engineering control.

Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

As part of our ongoing commitment to keep our blog readers updated on what’s happening in the supply chain and logistics world, we’re launching a regular industry news roundup, which we’ll release periodically.

Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption

Gravity Supply Chain

Sourcing: Mitigate risk during periods of supply chain disruption, such as those caused by the Coronavirus outbreak, by using digital technology. . The post Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption appeared first on Gravity Supply Chain.

Disruption In Container Logistics With John Murnane

The Logistics of Logistics

The North American inbound supply chain was well-run and extremely cheap before the pandemic brought disruption to the logistics and transportation space. Join Joe Lynch as he talks to John Murnane about the disruption in container logistics. It is not as entertaining as logistics.

Pursuing a Career in Logistics and Supply Chain

Logistics Bureau

Because there is such a wide spectrum of logistics and supply chain jobs available, it is best to categorise them in the following way: planning, manufacture, sourcing, and delivery. Manufacturing. There are plenty of supply chain opportunities in manufacturing.

The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportation sourcing. Here are the top five reasons you need a transportation sourcing solution: 1. Freight sourcing is as unique and complex as the transportation industry itself.

How Australian manufacturers can achieve the net-zero deadline

SYSPRO Smarter ERP

Most manufacturing companies are working on what a low carbon future means for their business with the urgency to cut global CO2 emissions in half by 2030 and strive for a net-zero by 2050. We know that the manufacturing industry is the engine of economic growth and social impact.

Do Consumers Care About Ethical Sourcing?

Logistics Viewpoints

A big part of sustainability initiatives includes the use of ethical sourcing. Ethical sourcing is the process of ensuring that the products made are obtained through responsible and sustainable methods. Ethical Sourcing. percent more on ethically sourced products.

Skillfully Managing Manufacturing Reshoring Projects

GlobalTranz

There’s more involved in successfully reshoring a foreign manufacturing operation back to the U.S. Reshoring is a hot topic in manufacturing. These “Bring Manufacturing Back” initiatives have many moving parts and require careful planning and execution and very skillful project management. location and the best facility for manufacturing are key components to the overall success of the program. Transferring a manufacturing line from one location back to the U.S.

Why Get a Product Sourcing Agent?

Supply Chain Game Changer

Product Sourcing Agent article and permission to publish here provided by Joyce Chen at Epic Sourcing. Your manufacturer is the backbone of your company; it regulates your inventory, which determines how consumers perceive and communicate with you. Functions of a Sourcing Agent.

Strategic Sourcing: The Key to Competitive Advantage

Supply Chain Opz

Strategic Sourcing has been used by companies of all sizes for years. This commentary highlights some of the key principles to strategic sourcing. Involve suppliers early in new product (or service) development initiatives Supplier can be an invaluable source of ideas and knowledge, especially as it pertains to the materials or services you are sourcing from them. However, priority is always given to cost cutting initiatives.

This Week in Logistics News (April 30 – May 6)

Logistics Viewpoints

Well, according to Czinger, a Los Angeles-based boutique hypercar manufacturer, that is about to be a possibility. And now on to this week’s logistics news. The post This Week in Logistics News (April 30 – May 6) appeared first on Logistics Viewpoints.

2021: Manufacturing, a Year in Review

QAD

QAD CMO Carter Lloyds described shipping delays, energy issues/sustainability challenges and the Carbon Bubble as three major industry disruptors affecting manufacturers. Manufacturing Challenges and Best Practices.

Peloton’s Supply Chain Strategy Turnabout

Supply Chain Matters

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer.

Can Manufacturers be Both Lean and Resilient?

Logistics Viewpoints

Since then, manufacturers around the world have embraced lean. It does mean that manufacturers need to understand where inventory needs to be buffered (“fat”) and where it can remain lean. In terms of single sourcing, a useful metric is called “revenue at risk.”

Lean 90

Mid-Year Assessment of 2022 Supply Chain Predictions- Part One

Supply Chain Matters

Our annual predictions advisory began with a summary of prevailing global economic, financial and manufacturing outlooks. Global Supply Chain and Manufacturing Activity. Morgan Global Manufacturing PMI® report, a composite index produced by J.P.

How manufacturers can respond to supply chain disruptions

SYSPRO Smarter ERP

This also includes delays in local manufacturing as well as inflationary pressures due to escalating costs because of the increased fuel prices – increases are already at 10% and shipping is about 30%. Supply Chain Management and ERP ERP and Lean Manufacturing ERP systems