Requis

OCTOBER 30, 2020

Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand. It comes down to understanding of technologies, systems, and analytics. People still need to know the basics, but the big change is in the analytics area.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Logistics Bureau

APRIL 3, 2023

Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres. For instance, automated order processing can reduce order processing time, while predictive analytics can help forecast demand more accurately, reducing the risk of stock-outs or excess inventory.

Optimal Sourcing 72

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 72

The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

As part of the launch of its hotly anticipated iPhone 14, it has ramped up its production output in India and Vietnam as an alternative to China, with Foxconn, the manufacturer of Apple’s iPhones, announcing plans for creating 10 to 12 facilities in India.

Agile and Lean Supply Chain 246

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

NC State SCRC

MARCH 9, 2016

The Vietnam War, for example, resulted in upward price and material availability pressures. In a sense, real-time supply chains involve understanding and predicting what internal users and customers will need right now, even before they themselves recognize that they need it.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

Enterra Insights

JULY 20, 2022

In a separate article, they note, “Everywhere you look, supply chains are being transformed, from the $9trn in inventories, stockpiled as insurance against shortages and inflation, to the fight for workers as global firms shift from China into Vietnam. ” Footnotes. [1] And how can it be repaired?

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 130

Enterra Insights

FEBRUARY 7, 2024

Few, if any, analysts are predicting fair winds and following seas for supply chains this year. Journalist Ben Unglesbee reports, “Extreme weather events are the top risk facing supply chains in 2024, according to an annual outlook report from Everstream Analytics. It is expected to further decelerate to around 4.5%

Risk Management 130

Risk Management Trends Supply Chain Planning Software Supply Chain Design Software 130

Enterra Insights

MAY 16, 2022

By doing it, you’ll get a chance to use predictive analysis, which is proven to be pretty insightful.”[6] Reliable financial analytics across the enterprise — including branches, plant assets, fleets, and inventory — are required. ” • Prioritize business continuity.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Alloy Supply Chain Software 130

ToolsGroup

AUGUST 12, 2022

Use your data to predict the future. Retailers are also upping their game when it comes to technology, data analytics, and transparent communications with customers. Power your analytics with AI in order to: . And in response to growing privacy concerns, 44% of brands are prioritizing transparency in how they use customer data.

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

Resilinc

JANUARY 23, 2024

Due to a lack of skilled labor and an overall younger workforce, labor shortages are predicted in the coming years. Using AI for numbers, data, and analytics is going to transform supply chain risk management. Supply chains are not living, breathing things, but they behave in very predictable ways. That’s what’s happening now.

Supply Chain Risk Management 102

Supply Chain Risk Management Risk Management Supply Chain Software Supply Chain Design Software 102

CH Robinson Transportfolio

JUNE 28, 2021

The majority of solar equipment manufacturers are in China, Vietnam, Thailand, and Malaysia. Plus it has predictive analytics enabling you to respond to potential disruptions before they have a chance to impact your projects. That expertise helps you avoid the unexpected costs that can easily erase your project’s profit margin.

Supply Chain Design Software 70

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 70

Supply Chain View from the Field

FEBRUARY 26, 2015

But if Amazon tells you when the packages will be delivered, on which day, the customer now has a predictive delivery schedule, and doesn’t care if they come in three packages even though it is one transaction. Some people even want to be told what two hour window the delivery will fall into.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 60

NC State SCRC

APRIL 22, 2017

The Economists predicts GDP growth will range between three scenarios: 4% (15% probability), 2-3% (60% probability), and recession (25%), the latter scenario involving a global trade war and a crippled presidency. An example of one of our teams working with Aramark, one of our partners on a predictive modeling study, is shown below.

Price Reduction 0

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 0