ToolsGroup

MARCH 2, 2022

Imagine you’re a high-end boat manufacturer in North America preparing for the warm weather. Your demand planning and forecasting strategy are in tip top shape. Single-source suppliers. Sole-source suppliers. Suppliers shipping to manufacturing locations in highly affected regions. Get your free eBook ?

Sourcing Strategies 156

Sourcing Strategies Vendor Strategies Cost Reduction Strategies Material Savings 156

Taulia

OCTOBER 20, 2021

In today’s challenging market, companies face multiple challenges, from shortages of crucial components to port congestion, high shipping costs, logistics delays and uneven customer demand. What is supply chain efficiency? The fewer errors, the more efficiently the supply chain is running.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

Freightos

APRIL 25, 2024

e-commerce customers’ love for free shipping. ‘de minimis’ rule, which exempts imports under $800 from customs and makes brokerage fees minimal, they have shipped massive volumes via air cargo. Source: Freightos Air Index The Commercial and Ethical Impact Beyond the underlying costs, U.S. Utilizing the U.S.

Cargo 165

Cargo Cost Reduction Strategies Price Reduction Material Savings 165

Unleashed

OCTOBER 4, 2021

Here we break down the inventory management strategies of seven successful manufacturers and retailers around the globe. These examples show there isn’t a benchmark inventory management strategy that trumps all others.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Inventory Management Software Waste Reduction 97

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 73

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 73

Unleashed

JANUARY 25, 2023

In these tricky times, smart cash flow management strategies are essential to bring down costs (or push profits) in controllable areas, offsetting international instability. This is achieved through the implementation and continued improvement of cash flow management strategies. To improve cash flow, process optimisation is necessary.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

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. Background. and Chinese based high tech electronics providers.

Sourcing Strategies 52

Sourcing Strategies Material Savings Cost Reduction Strategies Manufacturing Procurement 52

RFgen

MARCH 20, 2023

Automated technologies and mobile inventory management systems can help align teams around a single source of truth when making inventory decisions. The reality is quality inventory data drives sound supply chain strategy. A centralized location that acts as a trusted data source will be vital to conversations.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Purchasing Skills Manufacturing Procurement 52

DELMIA Quintiq

SEPTEMBER 14, 2023

Medical Device manufacturers face an increasingly dynamic and intricate landscape. Innovative personalized manufacturing approaches have emerged, yet many organizations struggle to fully realize their potential in this rapidly evolving race.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

ShipBob

AUGUST 3, 2021

In this article, you will learn the importance of supply chain agility, what it means to be agile, plus strategies and best practices you can incorporate into your supply chain. Supply chain agility refers to how quickly and efficiently an ecommerce supply chain can react to changes in the market and customer demand.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Sourcing Strategies Inventory Reduction Material Savings 119

The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

Border controls, China’s zero-covid policy and global shipping costs and energy prices is putting increasing pressure on supply chains throughout the Asia Pacific region. This shifting mindset is evident in many of the recent strategy shifts seen among some of the world’s largest companies.

Agile and Lean Supply Chain 246

Agile and Lean Supply Chain Supply Chain Planning Software Sourcing Strategies Supply Chain Software 246

ShipBob

JANUARY 15, 2024

Operationally, excess inventory can clog warehouses, making it challenging to manage new stock efficiently. In this guide, we’ll explore the main causes of inventory glut, innovative strategies to tackle it, and how working with a 3PL can help reduce inventory risk. What causes inventory glut? Just take a look at the example below.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

ToolsGroup

DECEMBER 2, 2021

Download our ebook: Demand Forecast Is Why You Need to Adopt a Service-Driven Supply Chain Strategy. Whether you’re in manufacturing, retail, or another industry, here are four strategies that supply chains just like yours have used to win at demand forecasting. Image source: Stefan de Kok.

Inventory Reduction 156

Inventory Reduction Waste Reduction Resource Reduction Cost Reduction Strategies 156

Unleashed

OCTOBER 5, 2023

Multiple processes must be continually optimised to ensure maximum cost-savings, order accuracy, and efficiency. Warehouse management involves overseeing the processes and activities within a warehouse to ensure efficient storage, handling, and distribution of goods or products. Managing a warehouse can be a complicated task.

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

Supply Chain Matters

DECEMBER 13, 2023

Background Within our research arm’s previously published industry and global supply chains predictions advisory published at the start of this year, we predicted that manufacturers would up their efforts this year in restoring more direct control and added resiliency in their direct materials component and outsourced manufacturing strategies.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Cost Reduction Strategies 52

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

DELMIA Quintiq

MAY 21, 2020

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. Here are a few of them: 1. In 2018, the U.S.

Manufacturing Procurement 199

Manufacturing Procurement Material Savings Sustainability Sourcing Strategies 199

ShipBob

JULY 2, 2021

With on-demand logistics on the rise (due to high standards and expectations around accurate, fast, and reliable delivery), technology continues to play a tremendous role in supply chain efficiency. trillion and $2 trillion in manufacturing and supply chain planning. On-demand logistics and delivery relies on speed and efficiency.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Arena Solutions

APRIL 4, 2023

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

ThroughPut

FEBRUARY 1, 2023

u can’t just turn around a giant cargo ship. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective global value chain strategies and supply chain strategies is to mitigate risk by shipping smarter. goods is more complex than it used to be.

Material Savings 52

Material Savings Price Reduction Expense Reduction Sourcing Strategies 52

DELMIA Quintiq

JANUARY 27, 2020

Disaster preparedness is imperative everywhere, but that goes double for the manufacturing industry. Predictive Analysis for Shipping. Businesses can make higher-fidelity predictions — including potential shipping delays — based on external forces like weather, storms, traffic pattern interruptions and more.

Manufacturing Procurement 227

Manufacturing Procurement Supply Chain Planning Software Predictive Analytics Software Demand Planning Software 227

Unleashed

MAY 4, 2023

An endless aisle strategy can help you overcome the challenges of limited storage and locked-up cash flow. What are the strategies, what are the risks? Endless aisle products can then be shipped directly to the customer or picked up instore at a later date. But how does it work? Keep reading to find out.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Resource Reduction 52

ToolsGroup

JULY 19, 2023

A supply chain digital twin is a complete model of your supply chain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand. With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. Good news – this exists.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Much of the inventory on the ships at sea will miss the essential seasonal windows. We are to blame.”

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 278

Unleashed

APRIL 27, 2022

With material costs rising and the drive towards sustainable practices in full swing, the circular supply chain has become an attractive way for manufacturers and sellers to manage their supply chains in a more environmentally friendly way – and save costs in the long term. So how do you close the loop on your supply chain?

Material Savings 96

Material Savings Waste Reduction Cost Reduction Strategies Resource Reduction 96

Supply Chain Shaman

SEPTEMBER 27, 2021

Today, more than 1% of the world’s container ships are stuck off major ports. Warehouses are full–often with the wrong stuff resulting in the slowing of the forty million shipping containers around the world. Too few companies have a holistic approach to embrace the plan, make, source, and deliver together.

Supply Chain Planning Software 321

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

Unleashed

MARCH 25, 2024

Consolidation warehousing is a strategy that allows your business to reduce transportation costs and improve customer service by combining shipments from various sources into a single truckload. Warehouse consolidation simplifies logistics , reduces transportation costs, and improves operational efficiency.

Material Savings 52

Material Savings Warehousing Inventory Reduction Expense Reduction 52

Supply Chain Game Changer

MAY 4, 2021

By that I mean you should design and implement a Supply Chain strategy that does not care what the lead time is for any aspect of the chain. Resilient Supply Chain Design is a Smart Strategy. Reduce, if not eliminate, single or sole sourced materials and services. Review the personalization point (ie.

Inventory Reduction 92

Inventory Reduction Waste Reduction Vendor Strategies Expense Reduction 92

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Figure 1: Identifying gaps in supply chain competency Overall Findings from three segments of industry were identified namely logistics, manufacturing and trading. While striving to keep costs low, it also aims to meet customer expectations efficiently. Establishing policies within the system ensures efficient inventory management.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Unleashed

JANUARY 4, 2024

Product sourcing, done the right way, can set your business up with the foundations needed for achieving maximum sales. This guide will explain how product sourcing works in modern business, best practices for finding suppliers, and list some of the most popular websites and tools for sourcing goods to sell.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 52

BlueYonder

NOVEMBER 16, 2023

Omni-channel has been firmly positioned as the new industry standard, forcing wholesale distributors and manufacturers to release the brakes and embrace digital transformation to stay relevant. Now more than ever, a customer-centric strategy involves offering customers more, more often. The choices are no longer “either/or”.

Manufacturing Procurement 83

Manufacturing Procurement Distribution Logistics Network Optimization Software Optimal Sourcing 83

Enterra Insights

APRIL 27, 2021

For years, ‘faster, cheaper and more efficient’ has been the supply chain manager’s mantra. Shoring up their supply chains and shielding them against future shocks will challenge leaders to strike a new equilibrium between efficiency and reliability. But the challenge also opens up an important opportunity to create value.”[1]

Sourcing Strategies 130

Sourcing Strategies Manufacturing Procurement Sourcing Agile and Lean Supply Chain 130

Enterra Insights

MAY 31, 2019

Steve Osburn ( @skosbu ), Managing Director at Kurt Salmon — a part of Accenture Strategy specializing in Supply Chain, observes, “E-commerce customers in the U.S. A recent study from Accenture Strategy found that 62 percent of U.S. consumers expect orders, with free shipping, to arrive within three days. 6] Those rules are: 1.

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

Supply Chain Matters

APRIL 5, 2024

Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

ModusLink Corporation

JANUARY 24, 2024

A container ship passes beneath a suspension bridge as it departs for Europe. By implementing key strategies, they can better navigate troubled waters and ensure the efficient movement of goods across international waters. This update explores essential strategies.

Supply Chain Planning Software 78

Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy Supply Chain Planning 78