Supply Chain Matters

FEBRUARY 12, 2024

The Ferrari Consulting and Research Group highlights a 2024 prediction of added labor activism continuing across industry supply chains in 2024. Such activism was demonstrated in labor contract negotiations, more aggressive tactics on the part of labor unions, and in actual strike actions.

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Precoro

NOVEMBER 13, 2023

Financial efficiency, cost savings, and profitability undoubtedly fall under the main priorities of upper management, regardless of a company’s industry. However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. Why Is Purchase Price Variance Important?

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OptiProERP

DECEMBER 18, 2023

Acquiring goods from vendors and suppliers is one of the critical and routine tasks for manufacturers. Procurement and purchasing are terms interchangeably used in manufacturing but are distinct activities. Negotiate price and terms Once you get suppliers’ quotes, examine them and negotiate wherever possible.

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Unleashed

APRIL 28, 2024

In this week’s edition of The Backorder: Talent shortage threatens US manufacturing growth Success secrets from the CEO of a recycled homewares brand 5 tips for negotiating better supplier contracts Job opportunities from Hasbro, Shake Shack, and more Not subscribed to The Backorder? “ReBorn is Giving Materials New Life.

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SCMDOJO

JULY 3, 2023

Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. You can successfully traverse the complexities of procurement processes with the knowledge, abilities, and tactics you gain during procurement training.

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The Logistics of Logistics

SEPTEMBER 12, 2020

Supply Chain Basics with Jason Miller. Jason Miller and Joe Lynch discuss supply chain basics. Jason is a professor of supply chain at Michigan State University, which is ranked as one of the top supply chain schools in the world. Key Takeaways – Supply Chain Basics. Negotiations.

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SCMDOJO

APRIL 20, 2023

Within this department, the procurement manager plays a key role in overseeing the entire process, from identifying the need for goods or services to negotiating contracts with suppliers. 1. Position Overview We are seeking a highly organized and skilled Procurement Manager to join our team.

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Precoro

JULY 16, 2023

Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost. We have selected 5 fundamental KPIs that purchasing managers should consider.

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SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. Lucky for you.

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Supply Chain Matters

MAY 13, 2024

In this industry specific Supply Chain Matters commentary , we provide perspectives on aerospace and commercial aircraft producer Boeing ’s added challenge in 2024, that being on the labor relations front. As noted in our prediction, the lens in 2024 further turns toward labor negotiations involving U.S.

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Precoro

JULY 8, 2022

One should keep in mind that every transaction has an additional hidden cost in labor and overheads, such as the time spent sourcing products, tracking deliveries, matching invoices, and overseeing suppliers. It’s a senior role that implies strong knowledge of finances, business administration and law, and industry trends.

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Supply Chain Matters

SEPTEMBER 11, 2023

This week, the lens of labor activism in the form of labor contract renewal negotiations turns the spotlight to three U.S. Backdrop Existing labor contracts among these three manufacturers and the United Auto Workers ( UAW ) labor union representing upwards of 146,00 workers are set to expire on Thursday of this week at midnight.

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Logistics Viewpoints

MAY 26, 2023

The trouble today is finding authentic pairs which also do not cost an arm and a leg. store operations by 9 percent over the past year, slashing hundreds of millions of dollars of goods from their balance sheets and suggesting space is opening up in their jammed supply chains.

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Logistics Viewpoints

FEBRUARY 17, 2023

The American and Canadian militaries believe that the balloon was for surveillance, while the Chinese government said it was a civilian meteorological research airship that had blown off course. However, the flight path and structural characteristics made it dissimilar from those which have typically been used for meteorological research.

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Supply Chain Matters

AUGUST 16, 2023

Rivian Automotive ’s recent report on quarterly financial performance provides evidence that this EV start-up is showing signs that the company has done its homework in supply chain and production operations industry basics. billion loss, thus there was a bounce effect in the company stock price on the news.

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Supply Chain Matters

JANUARY 13, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. Background. In this posting we highlight our fourth prediction.

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Logistics Viewpoints

MARCH 3, 2021

While Transplace did not report their revenue growth, they did put out a market update report where they wrote about key trends in the freight market: Demand remains strong with a continued surge in consumer goods manufacturing, retail shelf restocking, and a strong housing market. Managed Trans is Strategic.

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QAD

AUGUST 16, 2022

Unpredictability is undoubtedly the major issue manufacturers face when dealing with fragmented supply chains. As the supply chain breaks, manufacturers must find new suppliers and new transport routes and find them rapidly, so that production doesn’t come to a halt. It’s exhausting for supply chain leaders.

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Supply Chain Matters

AUGUST 26, 2022

Delivery van EV start-up Canoo , which negotiated a battery supply agreement with Panasonic has eventual plans to construct its U.S. manufacturing facility somewhere in Oklahoma as well. According to this report, VW’s aim is to shorten supply network distances for its current and planned future U.S.

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Precoro

SEPTEMBER 6, 2021

Read on to find: Sourcing vs. procurement: key differences Sourcing and procurement: processes’ overview How strategic sourcing influences your business Sourcing and procurement: a detailed comparison How to coordinate sourcing and procurement processes Recent trends in sourcing and procurement Sourcing and Procurement Compared.

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Supply Chain Matters

APRIL 12, 2024

As Supply Chain Matters highlighted in our last update on the ongoing production quality crisis that has now surrounded Boeing , if the U.S. From our lens, all of the above implies dynamic and likely extended negotiations and added time to consummate such a takeover. All rights reserved.

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Supply Chain Matters

OCTOBER 30, 2023

In this seventh weekly Supply Chain Matters reader update, we can now highlight that tentative labor agreements have been reached between the United Auto Workers and U.S. The report further indicates that when ratified, total pay hikes of more than 30 percent are expected when cost-of-living increases are factored and compounded.

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Supply Chain Matters

SEPTEMBER 23, 2023

In this second Supply Chain Matters reader update, we highlight the ongoing supply chain and manufacturing implications of the labor strike involving the three U.S. According to reporting from Bloomberg , direct labor costs for Tesla’s U.S. unionized auto companies. Specifically for the U.S. Midwest sector.

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Supply Chain Matters

OCTOBER 26, 2023

Additional provisions reportedly include cost-of-living adjustments that will boost the top hourly wage to more than $40 per hour and the end of the contract along with added retirement benefits. The one takeaway theme thus far is the highly acrimonious nature of the contract negotiations. in mainly right-to-work states.

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Logistics Bureau

NOVEMBER 16, 2020

So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.

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MIT Supply Chain

JUNE 13, 2013

A new tool enables procurers to negotiate product prices without bargaining away supplier goodwill. When bargaining with suppliers over a product price, how can procurement professionals secure the best deal without damaging a valued relationship by being overly aggressive? The research was carried out by Clayton M.

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Supply Chain Matters

JUNE 9, 2023

As Founder and Executive Editor of Supply Chain Matters , I wanted to share in a brief commentary some added thoughts and perspectives with our readers relative to the current industry supply chain news cycle and developments occurring globally. Technical recession now recognized for the Eurozone and Germany.

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Resilinc

MAY 3, 2022

According to the Department of Defense’s recently issued action plan to secure defense-critical supply chains, American aerospace companies use an average of 200 first tier suppliers and more than 12,000 second- and third-tier suppliers. As readers of this blog will be aware, workforce challenges are ubiquitous in the United States.

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Supply Chain Matters

OCTOBER 21, 2023

In this sixth Supply Chain Matters weekly reader update, we highlight the latest developments and ongoing implications related to United Auto Workers labor strike involving the big three U.S. per hour wage, and when combined with cost-of-living increases, would equate to the 30 percent minimum wage hike that the labor union is seeking.

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OptiProERP

MAY 18, 2023

It involves sourcing, negotiation, ordering, delivery, and payment for goods or services. Direct procurement is critical for manufacturing companies as it enables them to obtain the necessary inputs to produce their products. Also Read: Learn How Procurement Automation Reduces Costs and Delivery Times. So what is procurement?

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Supply Chain Matters

AUGUST 17, 2022

The Supply Chain Matters blog provides our latest news capsule format follow-up relative to the updating of our prior supply chain management published developments we have shared with readers. Supply Chain Driven Inflation Moderates in July. Added Manufacturing Disruption in China.

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Supply Chain Matters

JANUARY 17, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. Background. Prediction Background.

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Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. However, you may wonder what kind of practices really work.

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Supply Chain Matters

OCTOBER 7, 2023

In this fourth Supply Chain Matters reader update, we highlight this week’s developments related to ongoing UAW labor strike involving the big three U.S. big three automakers with implications to their supply networks vs. prior strategies in targeting just one. auto companies. That stated, senior executives among the three U.S.

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Supply Chain Matters

FEBRUARY 23, 2023

Supply Chain Matters highlights the increasing realities of declining global trade and freight rates that are occurring in the first-half of 2023. Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. billion in 2022, the company estimated.”

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Supply Chain Matters

MAY 22, 2023

Supply Chain Matters highlights continued evidence that the U.S. According to the April report commentary , the industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. The LMI has now declined 6.7 remains unclear.

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EMERGE App

APRIL 5, 2024

The picture of wholesale distribution industry in 2024 The report from Research and Markets forecasts that the wholesale market size will reach $68,092.65 Warehouse cost A very first mistake in the wholesale distribution industry is underestimating the amount of warehouse cost.

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