ToolsGroup

APRIL 1, 2022

Material Handling & Logistics ). Material Handling & Logistics ). 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. How the Supply Chain Crisis is Impacting Businesses and Consumers.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

Supply Chain Matters

FEBRUARY 26, 2022

In this Supply Chain Matters editorial commentary, we reflect on the ongoing Russia and Ukraine conflict, the implications for industry supply chains, and perhaps right now, a need for all to pause and reflect. Global citizens have been made keenly aware of the significance of the now ongoing Russia – Ukraine conflict.

Ukraine 40

Ukraine Russia Supply Chain Planning Software Supply Chain Software 40

Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Supply Chain Game Changer

AUGUST 19, 2022

The modern supply chain is global and often depends on Russia for production, either equipment or materials. Sanctions make these elements harder to procure elsewhere while preventing many companies from using existing Russian sources. In many instances, alternative sources are limited. What’s impacted? Raw materials.

Russia 97

Russia Supply Chain Optimization Global Optimal Sourcing 97

Supply Chain Matters

MAY 26, 2022

In this Supply Chain Matters editorial commentary we address the dichotomy of revisiting supply chain strategic sourcing strategies in the wake of a rapidly changing l landscape of challenges. Strategic Sourcing Shifts Away from China. Basis of Materials Strategic Sourcing. Background. The rest, as they often say, is history.

Sourcing Strategies 52

Sourcing Strategies Material Savings Cost Reduction Strategies Manufacturing Procurement 52

SYSPRO Smarter ERP

APRIL 13, 2022

The war and imposed sanctions will create a knock-on effect across the supply chain , and businesses will be impacted by material shortages, material cost increases, demand volatility, logistics and capacity constraints as well as cybersecurity breaches. European countries which import Russian oil and natural gas are going to be hard hit.

Supply Chain Planning Software 111

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

Supply Chain Matters

APRIL 5, 2024

India has again demonstrated the highest level of PMI growth and the report authors point to Greece, Indonesia, Russia and Brazil as demonstrating stronger rates of expansion. This is not only from the notions of China Plus sourcing actions, but is responding to export demand from other Asian, Europe and U.S. import needs.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

SCMDOJO

JULY 29, 2022

The demand is subjected to change due to many factors drastically, including pandemics (COVID-19), war (Russia-Ukraine war), and last but not least technological advancements. Author : Emad Atef – CSCA, MBA (Candidate), Procurement and Sourcing Manager. Bowersox, Supply Chain Logistics Management. References.

Sourcing Strategies 103

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 103

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. It all starts with improved planning.

Automotive 90

Automotive Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Planning Software 90

Supply Chain Matters

DECEMBER 18, 2023

Across the geo-political landscape, the hostilities involving Russia and Ukraine continued through out the year, and in October, a sudden attack by the Hamas terrorist group on Israel has heighted Middle East tensions or threats of a wider conflict.

Supply Chain Planning Software 111

Supply Chain Planning Software Negotiating Skills Agile and Lean Supply Chain Supply Chain Software 111

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. . In this Part Two posting, we provide highlights to Prediction Three outlined in our advisory.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Precoro

MARCH 22, 2023

Such an interruption can affect any of the supply chain steps, often involving sourcing of raw materials, production, and distribution of goods or services. Both Ukraine and Russia are among the most important producers of the abovementioned commodities in the world. These are just a few supply chain disruption examples.

Manufacturing Procurement 52

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

Proxima

AUGUST 25, 2022

The threat of sudden lockdowns continues to loom over procurement teams. Supply chains thrive on predictability, yet China’s continued zero-Covid policy is causing uncertainty and taking an economic toll at a time when we are learning to cope with other significant challenges, such as the fallout of the Russia – Ukraine conflict.

Policies 91

Policies Global Manufacturing Procurement Supply Chain Software 91

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

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

Resilinc

JANUARY 31, 2023

Additionally, protests and labor actions by workers and consumers in Latin America and Asia disrupted manufacturing and logistics for many commodities. #2 But the AI-powered tool empowers supply chain and sourcing teams to monitor and forecast supply and pricing trends and use that intelligence for strategic advantages.

Negotiating Skills 62

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Supply Chain Matters

APRIL 6, 2022

Source: JP Morgan and S&P Global, March 2022. As indicated in our February commentary , an area of major concern remains the effect and duration of much higher energy prices globally along with the ultimate implications of heightened economic sanctions on Russia. Global Wide Production Activity. Bob Ferrari.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Purchasing Skills Global 52

Supply Chain Matters

JULY 10, 2023

Our January prediction noted that the ongoing Russia and Ukraine hostilities in early 2022 and the sanctions consequently placed on Russia by the NATO alliance nations precipitated a feared natural gas shortage that could have spread to other global areas.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Strategy Sourcing Strategies Supply Chain Planning 40

Supply Chain Matters

MARCH 22, 2022

There are additionally the usual downside caveats that include further imposition of sanctions or consumer and business boycotts related to Russia. The OECD report reinforces that both Ukraine and Russia are large producers and exporters of key energy, minerals and basic food commodities.

Forecasting 52

Forecasting Ukraine Price Reduction Inventory Reduction 52

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. The noted overall theme from this survey were indications that recession. cyberattacks. Inflation are top of mind concerns.

Inventory Reduction 52

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

BlueYonder

JANUARY 3, 2023

The COVID-19 pandemic, the Russia-Ukraine conflict, materials shortages, port closures, inflation and other disruptions have only revealed the underlying fragilities of our modern global supply chains — spanning thousands of miles and involving dozens, or even hundreds, of participants — that were always there.

Supply Chain Planning Software 92

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 92

Talking Logistics

JUNE 17, 2015

trailed both Saudi Arabia and Russia in oil production, and it trailed Russia in natural gas production. Logistics complexities in the conventional sector can quickly drive up costs and eat into profit margins, if not well managed. Source: “The Future of Natural Gas: An Interdisciplinary MIT Study,” [link].

Waste Reduction 100

Waste Reduction Price Reduction Resource Reduction Cost Reduction Strategies 100

Supply Chain Game Changer

JULY 29, 2021

Russia sent covid assistance in the form of oxygen concentrators and generators. The USISPF through donations from its member companies also sourced 1,00, 000 portable oxygen concentrators for home and hospital use. DHL and FEDEX played a major role in inbound logistics and distribution.

India 105

India Supply Chain Saudi Arabia Portugal 105

Supply Chain Matters

MAY 10, 2022

billion increase in ocean transport and an $834 million increase in logistics services. billion, primarily driven by ocean revenue increases but included a negative impact of $718 million from the Russia/Ukraine conflict and losses related to terminals related to these areas. EBIT increased $7.5 billion in the latest quarter.

Freight 52

Freight Forecasting Russia Logistics Network Optimization Software 52

Supply Chain Matters

MAY 23, 2022

logistics reinforce both headwinds and added concerns. to Asia , as well as the European consequences of the ongoing Ukraine-Russia conflict as now driving added index volatility. US Logistics Managers Index. Logistics Managers index reflects a lull in imports to U.S. Global Supply Chain Pressure Index. The latest U.S.

Supply Chain Optimization 59

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

Supply Chain Matters

DECEMBER 13, 2022

Meanwhile, global shipping and logistics costs began to explode, and so did the windfall profits of major ocean container shipping lines and logistics providers who were collectively able to leverage extraordinary demand and supply imbalances along with major port backups. seen as a likely alternative. Correspondingly, U.S,

Manufacturing Procurement 52

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

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. With globalization, the need to partner with local logistics service providers becomes an imperative.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chain Matters

MARCH 15, 2022

Andrade goes on to make the case for CEO ’s to seriously consider assessments for moving manufacturing to domestic or near-shored sourcing locations. Multiple years of global supply chain sourcing strategy predicated on lowest cost of manufacturing has exposed many rocks and added vulnerabilities. Nearly every U.S. Nearly every U.S.

Cost Reduction Strategies 52

Cost Reduction Strategies China Sourcing Strategies Manufacturing Procurement 52

Supply Chain Matters

JUNE 3, 2022

Once again the data collectively provides evidence that disruptions remain occurring among industry supply chains, compounded by the manufacturing, logistics and transportation disruptions occurring in China. A likely certainty is that transportation and logistics costs will continue to rise in the coming months. in May from the 46.0

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Supply Chain Planning Report 52

Supply Chain Matters

JUNE 24, 2022

This analysis concludes that supply driven factors such as manufacturing or logistics disruptions are contributing 2.5 percentage points more than the pre-pandemic average. Demand-driven factors related to uncharacteristic demand was noted as contributing 1.4 percentage points to levels of inflation. That would be spot on, as well.

Supply Chain Disruption 52

Supply Chain Disruption San Francisco Supply Chain Strategy Supply and Demand 52

Supply Chain Matters

APRIL 29, 2022

That statement is being interpreted by some as an indication that the online provider now has an overbuilt logistics network. The company further announced that it will open its Buy with Prime logistics and delivery services to other retailers, similar to FedEx or UPS. Bloomberg noted it its reporting that Amazon incurred $112.7

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Supply and Demand 52

SCMDOJO

MAY 13, 2022

2020 will live long in the memory as a year that was overshadowed by a remorseless pandemic causing untold disruptions for the container, logistics and ports industry across the world. Source: project44 Monthly report. in March, while the average delay for late vessel arrivals decreased once again to 7.26

Supply Chain Design Software 83

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Design 83

Supply Chain Matters

JULY 6, 2022

Elevated transportation and logistics costs and longer transit times have impacted profitability, despite ongoing price increases imposed on products. In 2021, Nike experienced discernable production and transportation disruptions for products sourced in Vietnam as suppliers struggled with Covid-19 lockdowns, labor and transport shortages.

Supply Chain Disruption 52

Supply Chain Disruption Inventory Reduction Examples Supply Chain Strategy 52

Supply Chain Matters

APRIL 28, 2022

Samsung indicated in its earnings release that macroeconomic and logistics issues stemming from high rates of inflation and the Russia-Ukraine conflict are expected to persist in Q2, raising production costs and dampening consumer sentiment. Noted was that global demand is 20 percent higher for this model, vs. the predecessor model.

Electronics 52

Electronics Modeling Supply Chain Planning Software Agile and Lean Supply Chain 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. Everything is a little out of sync right now. ”.

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Material Savings 52

Supply Chain Movement

JANUARY 6, 2016

14th annual Cool Chain & Controlled Room Temperature Logistics Europe. 3rd S&OP in Russia and CIS. 17th European Logistics CIO Forum. Customer Returns Management & Logistics. The Global Procurement & Supply Chain for Oil & Gas Industry. Logistics & Supply Chain Conference. RLCON 2016.

Pharmaceutical 60

Pharmaceutical Manufacturing Procurement Gartner Optimal Sourcing 60