Talking Logistics

JANUARY 22, 2023

Read more The post [Video] Discussing the Lessons Learned in Transportation Procurement Management appeared first on Talking Logistics with Adrian Gonzalez.

Manufacturing Procurement 130

Manufacturing Procurement Video Procurement Transportation 130

Supply Chain Shaman

APRIL 18, 2023

In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Order cycles–the requested time from order to delivery–decreased while supply cycles –the time to procure materials– increased. Shift in cycles. Over the past three years, supply chain cycles shifted.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Despite spending 1.1%

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

Talking Logistics

DECEMBER 12, 2022

The post Discussing the Lessons Learned in Transportation Procurement Management appeared first on Talking Logistics with Adrian Gonzalez.

Manufacturing Procurement 144

Manufacturing Procurement Procurement Transportation Survey 144

Logistics Viewpoints

JUNE 29, 2023

By fostering collaboration across all stakeholders, including suppliers, manufacturers, and logistics providers, companies can enhance visibility, streamline processes, and proactively address disruptions. Make to Order: Here, products are manufactured based on specific customer orders. Nari Viswanathan is currently Sr.

Manufacturing Procurement 185

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 185

Logistics Viewpoints

FEBRUARY 14, 2024

To examine supply chain management priorities, performance, and anticipated trends, APQC conducted its 10 th annual Supply Chain Management Priorities and Challenges research, including a survey of more than 350 supply chain professionals from around the world and across multiple industries. For more information on the research, click here.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 246

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

The Logistics & Supply Chain Management Society

APRIL 26, 2022

by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

Supply Chain Shaman

SEPTEMBER 27, 2021

In our recent survey on analytics, today 74% of companies are attempting to improve supply chain visibility (as shown in Figure 1). The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. What we built on the whiteboard is the solution that we need today.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

Supply Chain Shaman

AUGUST 18, 2022

This large food manufacturer used a popular technology to forecast monthly using orders as an input. They had never been in the same room to discuss demand holistically from sales teams to procurement. Large Food Manufacturer Thinking About Demand As A River. The large food company operated regionally. The takeaway?

Supply and Demand 251

Supply and Demand Demand Planning Software Optimal Sourcing Supply Chain Planning Software 251

ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. According to Dr. El-Jawahari, procurement’s priorities have shifted in the Middle East since the pandemic’s onset.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 130

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

QAD

JULY 13, 2021

I caught up with a former colleague recently to discuss her procurement project which comprised a year-long strategic sourcing engagement. During the project, she was able to rationalize the supply base, boost procurement efficiencies and drive positive financial results. Gain Efficiencies with Automation.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 98

ivalua

SEPTEMBER 13, 2021

Those looking to accelerate their CSR initiatives should learn from the leaders and empower procurement teams and suppliers with the technology needed to support effective decision-making and scalable collaboration”, said David Khuat-Duy, Founder & CEO of Ivalua. The study began in March 2021 and was completed in August 2021.

Policies 130

Policies Study Report Manufacturing Procurement 130

ivalua

APRIL 22, 2021

While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supply chain and procurement industries. Overall, while relocating may be an investment at first, many procurement leaders agree that the benefits of having a supply chain closer to home are worth it.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Manufacturing Procurement Supply Chain 130

ivalua

MAY 7, 2020

And sellers in the Japanese market, such as Australian mining companies, had to find new customers to replace those Japanese manufacturers who were forced to halt production due to the quake. Some of those professionals surveyed used the lessons learned from 2011 (and similar disruptions) to prepare for our current crisis.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Japan South Korea 130

Supply Chain Matters

OCTOBER 31, 2023

The Ferrari Consulting and Research Group via its Supply Chain Matters outreach blog highlights a recently published survey sponsored by Accenture that provides findings indicating that companies are indeed investing in supply chain resiliency capabilities to mitigate business disruption. In 2022, more U.S.

Study 59

Study Supply Chain Software Supply Chain Strategy Sourcing Strategies 59

SYSPRO Smarter ERP

DECEMBER 28, 2021

The pandemic has been the catalyst for change, with a drive to fundamentally rethink the manufacturing and distribution space. Surprisingly, many organizations have begun their recovery from the effects of the pandemic with 40% of all businesses surveyed within the Manufacturing CFO 4.0 Digitalization remains key to success.

Manufacturing Procurement 105

Manufacturing Procurement Manufacturing Supply Chain Software Logistics Network Optimization Software 105

HICX Solutions

AUGUST 23, 2023

What’s clear from Deloitte’s Global Chief Procurement Officer Survey 2023 is that environmental and social governance (ESG) is now firmly on the corporate agenda. Where we really should turn the spotlight is towards the experience suppliers receive as they serve big manufacturing brands. The answer is yes, but only reactively.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Survey 52

SYSPRO Smarter ERP

APRIL 18, 2022

These ongoing disruptions mean manufacturers and distributors must navigate challenges while rapidly addressing the needs of their people, customers, and suppliers. With reliable data from ERP manufacturers and distributors can use data analytics to respond to challenges. Supply chain visibility to maintain competitive advantage.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 124

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Supply Chain Matters

APRIL 3, 2024

Major Earthquake Senior business, procurement, information technology or supply chain executives with the responsibility for the assessment and mitigation of business related risks can often contemplate various impactful risk events. Reportedly, United Microelectronics Corp , Powerchip Semiconductor Manufacturing Corp.

Taiwan 59

Taiwan Manufacturing Procurement Supply Chain Design Software Material Savings 59

Supply Chain Shaman

OCTOBER 19, 2022

Note that 59% of companies surveyed seek real-time planning and experience a gap in expectations. The gaps in expectations between planning and functional organizations like manufacturing, transportation, and procurement are large and growing. Definition of Time Horizons. Efficient flow is only one type of design.).

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Real-time Visibility 195

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. The other risk management software supplier’s methodology was based on surveys. They would go to a Tier 1 manufacturer and ask them to identify the Tier 2 suppliers for the parts that went into a specific component.

Supply Chain Visibility 205

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 205

Synovos

DECEMBER 4, 2023

Manufacturing plants are now competing for wages that were unheard of five or six years ago,” explains William Brummett, Vice President of New Business Development at RS Integrated Supply, a global Maintenance, Repair, and Operations (MRO) supply chain services company that provides outsourced procurement and storeroom solutions.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Inventory Reduction Cost Reduction Strategies 52

Synovos

DECEMBER 4, 2023

Manufacturing plants are now competing for wages that were unheard of five or six years ago,” explains William Brummett, Vice President of New Business Development at RS Integrated Supply, a global Maintenance, Repair, and Operations (MRO) supply chain services company that provides outsourced procurement and storeroom solutions.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Cost Reduction Strategies Manufacturing 52

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

The Logistics of Logistics

AUGUST 11, 2021

He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey. The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service.

Supply Chain Software 130

Supply Chain Software Logistics Network Optimization Software Michigan Manufacturing Procurement 130

ivalua

SEPTEMBER 8, 2022

Essentially every company that manufactures goods today depends on other companies to supply the raw or value-added materials that go into their finished products. The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

Supply Chain Shaman

FEBRUARY 14, 2022

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Organizational alignment in manufacturing organizations is worse between operations and finance teams today than in 2013. I give you this evidence in this blog.). Mistake #5.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

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. This estimate is then used as a standard price in the PPV formula.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Synovos

FEBRUARY 21, 2023

As stated in “Operating Without Borders – Building Global Resilient Supply Chains” , a report from the manufacturers’ association Make UK, “Supply chain resilience is currently top of the agenda for policy makers, government, and business leaders alike. However, near shoring provides only a partial solution. “The

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Software Inventory Management Software Agile and Lean Supply Chain 52

Ware2Go

JANUARY 7, 2022

In a November survey , 87% of merchants shared that they already were affected by increased freight costs. Experiencing the negative effects of overextended supply chains and lean manufacturing, merchants are looking to forge a balance between JIT and JIC purchasing models that reduces risk and maintains profit margins.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

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 lean manufacturing model can no longer provide the continuity of supply for critical parts that businesses need. The solution?

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Inventory Reduction Price Reduction 52

The Logistics of Logistics

SEPTEMBER 12, 2020

He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey. The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. Manufacturing strategies.

Supply Chain Design Software 130

Supply Chain Design Software Negotiate Pricing Negotiating Skills Supply Chain Design 130

Supply Chain Matters

OCTOBER 6, 2023

With the closing of the third quarter, the numbers once again signal added contraction in global manufacturing output as product demand levels weaken. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. This index has now remained below the 50.0 The reported September value was 43.4,

Manufacturing Procurement 59

Manufacturing Procurement Global Optimal Sourcing United Kingdom 59

QAD

MAY 23, 2023

The goal, from a manufacturing perspective, is clear: learn how to do more with less as efficiently as possible while maintaining profitability and complying with due diligence legislation. In a recent BearingPoint survey, a whopping 85% of companies attribute their move to sustainable procurement practices to government regulations.

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94