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.

Shoring up Sourcing Strategies

Inbound Logistics

Shifting manufacturing operations in Asia back to North America provides companies more control of their supply chains, says Steve Sensing of Ryder Supply Chain Solutions

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

3 Ways Robotics Are Crucial to Aerospace Manufacturing & Design

Cerasis

The United States aerospace manufacturing industry is a highly competitive one. These factors make aerospace manufacturing companies highly valued partners, even internationally. These heavy-duty robots play a key role in many manufacturing processes, ensuring uniformity and safety. Robotics Are Crucial to Aerospace Manufacturing & Design. In partnership with KUKA Systems North America, Boeing developed a robotic manufacturing process for its aircrafts’ fuselages.

Shoring up Sourcing Strategies

Inbound Logistics

Shifting manufacturing operations in Asia back to North America provides companies more control of their supply chains, says Steve Sensing of Ryder Supply Chain Solutions

Trade Wars Put U.S. Small Business on the Front Line

Supply Chain Brain

This means investing in international markets and sourcing from international locations. Of the nearly 73,000 manufacturing firms in the United States that exported in 2015, more than 70,000 (or 96.4 percent) were categorized as small or medium-sized manufacturers, of which more than 44,000 (or nearly 61 percent) were manufacturers with fewer than 100 employees. manufacturers with global supply chains will survive and not become victims. North America

Bringing It All Back Home – OTR TMS Supports Reversion to Regional Manufacturing

Supply Chain Collaborator

Will the trend toward a return to “regional manufacturing” boost volumes in over the road transportation in North America as manufacturers move away from Asian overseas operations? American manufacturers are adapting to significant modulation in the nature of their supply chains as market forces and current global events promote operating “closer to home”. As a result, a new focus on network resilience and the idea of more regional manufacturing emerged.”.

Frost & Sullivan: Freightera Among Key Automated Freight Solutions in North America

Freightera

Frost & Sullivan places Freightera among ‘Key Automated On-Demand Brokerage Solutions in North America’ along with Uber Freight and Convoy. The exception may be North America, where Frost & Sullivan predicts that it will be shared by several leading solutions. Starting in North America, Freightera is automating freight transportation and increasing operating margins for carriers and businesses shipping freight. Source: [link].

Supply Chain Management:Importance of Proactive Master Data.

Infosys Supply Chain Management

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. In my current project about a year ago, North America region Supply Chain Planners were having major concerns related with flawed planning resulting from incorrect or no Source of Supply (SoS) for receipt elements such as Purchase requisitions &/or Planned orders. About Us. Contact Us. Newsroom Investors Careers.

SCM 26

Real-Time Monitoring Fuels IoT Growth In Manufacturing

IQMS

72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient. Manufacturers in the high-performance cohort captured in our latest survey are using real-time monitoring to aggregate metrics and gain a 360-degree view of manufacturing operations accessible from any mobile or handheld device. Source: Capgemini Internet of Things (IoT) study, Unlocking the business value of IoT in operations.

Strategic sourcing and ‘big data’

ivalua

Big data is more than a buzz term, and if you are a strategic sourcing professional, it is a concept that should not be ignored. Within the manufacturing industry, data can now be gathered quickly in amounts that were unfathomable a generation ago. As a sourcing professional, big data can help you automate and streamline your job – if you have the right tools. This magnifies drastically when you multiply across all of sourcing, as well as suppliers, engineers, and managers.

Bonus: Top 11 thru 20 Most Popular Manufacturing Blog Posts

Cerasis

However, with most of our customer base in the manufacturing field, with the remaining in distribution and other industries, we thought it was vital that we featured some of the other manufacturing blog posts that were also popular in 2014. We featured out of our 200 plus blog posts in 2014, over 50 blog posts in the manufacturing category. You might ask yourself, “Why does a third party logistics company create Manufacturing content?

Is Mexico the World's Next Manufacturing Hub?

Elementum

Mexico may become the global manufacturing nerve center if the country plays its cards right. According to Deloitte’s 2016 Global Manufacturing Competitiveness Index, Mexico ranks number eight out of 40 countries including Canada, Sweden, and Vietnam. Deloitte has also highlighted the country as a major manufacturer of electronics parts , machinery, and appliances, among others. Challenges or not, manufacturers of another key industry, plastics, are betting on Mexico.

How the Pandemic Has Cast a Spotlight Emphasizing Contingency Planning

USC Consulting Group

Evidence of this was the fact that over 60% of respondents said they experienced delays in receiving orders from China, an issue that may have been avoided by dual sourcing. The same can be said for those who use dual sourcing strategies. Particularly popular among manufacturers, dual sourcing serves as a smart fallback because it ensures that if one supplier is unable to deliver a particular product, the alternative likely can.

Coffee Shops Are Already Running Out of America's Newest Milk Craze

Supply Chain Brain

is working with its manufacturing partners to increase output by 50 percent by this summer, said Mike Messersmith, general manager for U.S. Food & Beverage All Technology Sourcing/Procurement/SRM Home Page Latest News Home Page Slider Featured Content North AmericaIt’s called oat milk, and baristas love its light, hearty flavor that lets the java beans take center stage.

Will the New Tax Bill Bring Overseas Profits Back Home?

Supply Chain Brain

One strong incentive for bringing the money home is the availability of financial technology products, including working-capital marketplaces, that speed up payments to suppliers while letting manufacturers hold onto their cash for longer periods of time. Sourcing/Procurement/SRM SC Planning & Optimization EDI Communication (XML/EDI) Home Page Latest News Home Page Slider Editors' Blog All Technology North America

Managing Merged Manufacturing Operations

IQMS

Revere Packaging invests in IQMS/DELMIAWORKS manufacturing ERP software to optimize production, scheduling, and profitability of its eco-friendly products. The history of Revere Packaging Holdings, LLC is almost as old as the United States of America, tracing back to the founding of Revere Copper & Brass by Paul Revere in 1801, six years after his famous ride to warn of approaching British soldiers. Supporting Cost-Effective Sustainable Manufacturing.

Food and Beverage Industry Reevaluating Strategies to Combat Coronavirus

USC Consulting Group

This includes food and beverage suppliers, packers, and manufacturers. In a Thomas survey conducted in April, nearly two-thirds of manufacturers indicated they planned to increase production and sourcing in North America, 28% of which said this move was “extremely likely,” Supply Chain Dive reported separately. It is a delicate balance to run a business in times of economic uncertainty.

Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

Another use case we see for scenario modeling in the current context is evaluating new sourcing locations. A recent Thomas survey found that 64% of manufacturing companies are likely to “bring production and sourcing back to North America” in view of COVID-19. You can study optimal sourcing locations while minimizing both production and distribution costs. The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks.

Industry 4.0’s Potential Needs To Be Proven On The Shop Floor

IQMS

99% of mid-market manufacturing executives are familiar with Industry 4.0, Investing in upgrading existing machinery, replacing fully depreciated machines with next-generation smart, connected production equipment, and adopting real-time monitoring including Manufacturing Execution Systems (MES) are manufacturers’ top three priorities based on interviews with them. Mid-market manufacturers getting the most value out of Industry 4.0 Source: Industry 4.0:

Catalog Management Systems market trends

Vinculum

The regional analysis of the global Catalog Management System market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Middle East. North America. Latin America.

COVID-19’s Immediate Impact on the Automotive Supplier Industry

QAD

We can expect this to drop again significantly in April as a result of the complete halt of North American and European production. If we use North America as an example of what is happening globally, many suppliers in North America were forced to halt production in March due to quarantine measures. Now let’s assume that the North American and European industries start back up May 4.

Bristlecone Flash – October 2020

Bristlecone

For one manufacturing client, a recent diagnostics assessment identified key opportunities in supply chain planning process improvements, logistics optimization and reporting enhancements. Recent highlights include: Go-lives across North America, Europe, Asia and the Middle East.

Is Business ‘Transformation’ a Dirty Word?

QAD

I think that many companies, especially in the manufacturing world, have come to mistake the “blind task” or “haircut” cost-cutting approach for transformation. Every key vendor needs to be vetted, and then sourcing decisions need to be made and supply chain changes enacted. Featured Manufacturing Trends Change erp manufacturing Mergers & acquisitions operations planning process map Processes Purchasing process strategy synergy Systems Transformation

Reflections on Hard Hats and Safety Shoes…

Supply Chain Shaman

Manufacturing teams used to manage the supply chain group. Today, in most organizations, the supply chain team manages manufacturing. The irony is that fewer and fewer people within the supply chain team understand manufacturing. As I work with teams to envision the new tomorrow, I find fewer people know the basic concepts of manufacturing planning–cycle inventories, freeze duration, slush period, bottlenecks and constraints.

Managing Warehouse Management Systems (WMS) For Future Growth

IQMS

Like manufacturing, warehouses, and the systems that manage them, are going through an inflection point. A recent survey completed by IQMS of 151 North American manufacturers found that the fastest growing manufacturers can orchestrate analytics, Business Intelligence (BI), mobile and real-time monitoring to grow 10% faster than their peers. How A Warehouse Management System (WMS) Helps Manufacturers Grow.

The Ever Increasing Role of Robotics in Transforming Manufacturing

Cerasis

When was the last time you thought about robotics being used in manufacturing? The role of the robot is no longer to simply provide the brunt force in manufacturing but to extend and work with humanity to create is superior, usable, and life-sustaining solution. However, the role of robotics in manufacturing is here to stay, and manufacturers need to understand how nearly all robotic benefits can be summarized in these two aspects.

Supply Chain Planning BPO: What’s Driving It and Should You Get On Board?

ToolsGroup

Now Gartner reports that SCP BPO is gaining traction ( Market Guide for Supply Chain Planning BPO or BPaaS, 29 July 2019 ), particularly in North America and Europe. At this major consumer goods manufacturer, external market disruptions and internal changes (such as moving forecasting back and forth between Sales and Supply Chain) left them facing an array of demand planning process challenges. You know that great feeling you get when you have an expert getting the job done?

Reconfiguring the Automotive Post Pandemic Supply Chain

Logistics Trends and Insights

In addition, with 80% of global car production requiring parts from China, the shutdown made it difficult for global vehicle makers within China and elsewhere around the world to source parts required for building cars. As China was slowly reopening its manufacturing facilities in March, the rest of the world was shutting down. An optimistic estimate of 95% of automotive assembly plants in Europe and North America remain close.

Prescriptive Analytics is Going Mainstream. Is your Organization Ready?

AIMMS

Source: Gartner, Forecast Snapshot: Prescriptive Analytics Software, Worldwide, 2019. Source: Gartner, Market Guide for Supply Chain Analytics Technology, May 28, 2019. Companies like ELIX Polymers and Fresenius Medical Care North America have chosen SC Navigator because it makes powerful prescriptive analytics accessible and allows them to quickly answer very specific questions about their business.

Covid-19 (Coronavirus): Where do we go from here?

Logility

These are questions everyone from manufacturing to retail must analyze now. Our digital supply chain platform will help to quickly evaluate multiple scenarios and start to work through our response to rapidly identify the supply constraints and define alternate sourcing opportunities across multiple time horizons. We can quickly look at options to ramp up manufacturing and model how changes in our workforce may impact our ability to satisfy demand.

Optis Consulting

ivalua

OPTIS Consulting is a premium consulting firm focused on Source-to-Pay Transformation Services in North America. Our purpose is to bring market-leading Source-to-Pay platforms to our clients. The OPTIS team is comprised of supply chain and procurement experts who understand your processes and utilize Source-to-Pay platforms as tools to drive value across your organization. [link].

Top Insights about Supply Chain Network Design – benefits, tips and what your competitors are doing

AIMMS

Determining how to optimize the flow of goods throughout your supply chain network from source to demand – where do you buy and make goods, where do you store them, and how do you optimally move them through the network. . The survey was conducted online among professionals from a variety of industries, including industrial manufacturing, food and beverage, retail, CPG and pharma. What are companies looking for in supply chain network design technologies ?

Building the Network of Networks

Supply Chain Shaman

In attendance are manufacturing representatives from BASF, BerryGlobal, Corning, Covestro, Grace, Evonik, Intel, Monsanto, and Smith’s Detection. Technologists and manufacturers working together to try to define multi-tier processes to redefine B2B. There is an active group in Europe and North America. Stuck, only 10% of manufacturers are driving improvement. (90% July 16th in North America (current thinking is Charlotte or Chicago.

Supply Chain Planning BPO: What’s Driving It and Should You Get On Board?

ToolsGroup

Now Gartner reports that SCP BPO is gaining traction ( Market Guide for Supply Chain Planning BPO or BPaaS, 29 July 2019 ), particularly in North America and Europe. At this major consumer goods manufacturer, external market disruptions and internal changes (such as moving forecasting back and forth between Sales and Supply Chain) left them facing an array of demand planning process challenges. You know that great feeling you get when you have an expert getting the job done?

2019 Forecasting and Inventory Benchmark Study

Supply Chain Brain

The study encompasses over $250 billion in annual sales from global manufacturers across a variety of industries, including consumer packaged goods, food and beverage, animal care, chemicals, and oil and gas. What’s more, the data from this study doesn’t come from surveys and questionnaires, it is sourced from real data from E2open’s diverse customer base. What does best-in-class forecasting and inventory management look like?