NC State SCRC

MAY 30, 2022

A new study that the SCRC published with GEP examines the increasing pressure that supply chain executives are getting when it comes to responding to supply chain disruptions. In this study, we explore the primary forms of misalignment that exist between supply chain and procurement executives. (We

Supply Chain Execution 98

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Supply Chain Matters

OCTOBER 12, 2022

According to the September report , growth is increasing for inventory levels, inventory and warehousing costs. Contraction trending was noted for warehousing capacity and transportation costs including an observation that inventory is being consumed at a much slower rate than observed over the last two years. for September.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Supply Chain Matters

JULY 28, 2023

Beyond extensive residential damage and destruction, from an industry supply chain disruption lens, the headline that garnered business and industry media coverage was that this storm provided extensive damage to a 1.4 million square foot Pfizer life-saving drug production facility located in Rocky Mount, North Carolina.

North Carolina 52

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ToolsGroup

MARCH 17, 2020

Macro events like the Coronavirus crisis trigger demand volatility that affects every link in your global supply chain—from the raw materials you procure to setting safety stock levels to planning logistics and promotions. One US-based ToolsGroup manufacturing customer sources parts from several Chinese and Italian suppliers.

Supply Chain Planning Software 215

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Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” less likely to be affected by supply chain disruptions.

Procurement Analytics 98

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AFFLINK

AUGUST 17, 2022

The purpose of any supply chain is to get materials from the point of origin to the place of need as quickly and inefficiently as possible. In today's market — now pockmarked by erratic supply chain disruptions — fulfillment is easier said than done.

Manufacturing Procurement 62

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Logistics Viewpoints

MARCH 2, 2023

For supply chain “digital champions,” investments in advanced supply chain capabilities pay off in an average of 22 months, and these companies see higher returns relative to other companies and “digital novices.” Once that’s in place, CFOs will notice: Improved margin by lowering your cost of goods sold.

Waste Reduction 197

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Supply Chain Matters

JULY 20, 2022

percent for this year, two percentage points lower, warning of the effects of high global wide inflation, the war in Ukraine and continued supply chain disruptions will impact real GDP growth. The effect has been cash and working capital headwinds and growing demands for warehouse space. . inflation rate to be 9.2

Manufacturing Procurement 98

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Taulia

FEBRUARY 27, 2024

A guide to digital supply chain management The emergence of tools and techniques that facilitate digital supply chain management has opened up brand new possibilities for companies looking to make the most of their supply chains. Here’s everything you need to know about it.

Supply Chain Software 52

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Logistics Bureau

DECEMBER 4, 2023

One factor that stands out to me as a highlight of their IM strategy is their seemingly chaotic approach to warehouse layout. At that point, each SKU will be taken to any convenient storage location in the warehouse. This process ensures that Amazon’s warehouse management system records the location of every item in the facility.

Inventory Reduction 72

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Supply Chain Matters

MAY 23, 2022

Also reported was less change in Inventory and Warehousing metrics as costs continue to grow and capacity remains tight. Noted was that the category of Warehousing Utilization grew at rate of 70.9, Warehouse inventory levels are noted as remaining quite high. warehouses. . s major retailers. s major retailers.

Supply Chain Optimization 59

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Enterra Insights

DECEMBER 21, 2021

He writes, “Global supply chains were clearly in trouble before COVID-19 arrived on the scene, but when it did, the weakness of our time-honored strategies for procurement, production and delivery became shockingly evident. ”[2] He insists supply chain innovation today is not a choice, but an imperative.

Supply Chain Transformation 130

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Supply Chain Matters

JUNE 14, 2022

Now, added published indices that reflect on global supply chain volatility and U.S. Such forces re declining consumer demand, bloated inventory levels, added industry supply chain disruptions and higher levels of cost inflation. owned and leased warehouses. . Regarding the latter, the U.S.

Supply Chain Planning Software 52

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Supply Chain Matters

JULY 7, 2023

Consequently, the warehousing capacity metric increased a reported 6.8 For these reasons, Supply Chain Matters will provide a context for both of these dimensions. Further, the added evidence of increased warehouse capacity levels will have an effect on previously rather high levels of warehouse contracting and leasing rates.

Negotiating Skills 52

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EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. More expensive borrowing.

Supply Chain Planning Software 52

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SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. Inventory management in the supply chain. In addition, these parts frequently use several departments or plants within a company. Supplier management.

Manufacturing Procurement 105

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Elementum

MAY 19, 2022

Worldwide, more than 450 million people work in the supply chain industry. • The US alone houses ten billion square feet of warehouse and distribution space. million suppliers support just the Fortune 1000 companies • If supply chains stopped running for just one day, the world would lose $109B. Also in the US: 4.9

Supply Chain Planning Software 78

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Supply Chain Matters

AUGUST 7, 2023

While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost. In the past we would expect to see transportation and warehousing ramping up hiring in late summer ahead of peak season. ” warehouse workers in June of 2022. There were 1.96

Logistics Network Optimization Software 52

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Supply Chain Matters

MAY 20, 2022

As developments regarding industry supply chain disruptions continue unabated, businesses now increasingly face the sting of higher supply chain and transportation driven costs impacting the bottom line.

Sourcing Strategies 97

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Enterra Insights

NOVEMBER 16, 2021

” Improving Supply Chain Situational Awareness. Sean Thompson ( @seantho ), Executive Vice President of network and ecosystem for SAP Procurement Solutions, insists one of the problems preventing organizations from cutting through the fog of business is the whole notion of a “linear supply chain.”

Supply Chain Visibility 130

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ShipBob

FEBRUARY 25, 2022

For example, a low OTIF score may be a result of stockouts and supply chain disruptions. High stockout costs combined with low OTIF scores can also help to pinpoint the source. A good OTIF score starts from the supplier purchasing and procurement process. Warehouse processing issues.

Optimal Sourcing 52

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Supply Chain Matters

MARCH 27, 2024

A spokesperson for ASR Group , operators of the refinery, indicated to The Wall Street Journal that if the port is blocked for an extended period, the company can tap supplies of sugar at the company’s other U.S. refineries and warehouses. Initial indications it may be in short term dimensions, but unclear in longer term dimensions.

Baltimore 52

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Material Handling & Logistics

SEPTEMBER 4, 2017

They warn that Hurricane Harvey’s disruptions will ripple through the supply chain and be realized at factories and facilities far away from the impacted area. Let’s not kid ourselves—this is going to be a big supply chain disruption,” says Vakil. needed to operate is not going to be there for weeks.”.

Supply Chain Planning Software 97

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Freightos

NOVEMBER 11, 2021

Shippers using Amazon to ship to Amazon warehouses would either have to split shipments prior to exporting, which could create more complexities or pay Amazon to split the shipment after import. For a company like Amazon, 2021 underscores the importance of owning middle-mile capabilities to ensure resilient inventories.

Price Reduction 177

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Logistics Bureau

MARCH 3, 2020

Containers are piling up in ports, international shipping has been hammered, Western companies are battling to source products from traditional suppliers, and disruptions are being experienced throughout the global supply chain. COVID-19 Impact on Procurement. COVID-19 Impact on Shipping. Other Industries.

Manufacturing Procurement 59

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Supply Chain Matters

JUNE 21, 2022

The argument is one stated by this blog along with others, namely that the longer that higher global-wide ocean transportation cost increases exist at 2021 levels, the more compelling is the requirement for manufacturers and retailers to consider reshoring or nearshoring sourcing strategies. Rising Costs of Warehousing.

Logistics Network Optimization Software 52

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Supply Chain Game Changer

APRIL 29, 2021

Manufacturers with a global supply chain network took the brunt of suspended operations during the pandemic. Now there are increasingly competitive and political pressures to bolster their domestic production, resume hiring, and minimize or eliminate their reliance on external sources that are perceived as risky. electronics).

Supply Chain Software 135

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Supply Chain Matters

MARCH 7, 2023

A further significant change noted was Warehousing Capacity moving back into expansion levels by 10.2 That stated, Warehousing Prices and Inventory Costs remain expanding at accelerated rates and the authors caution: “.it percentage points in February, a sign of prior capacity constraints. The chairperson of the U.S.

Supply Chain Software 52

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Procurement Academy

DECEMBER 22, 2022

Things are probably a little trickier this year, but if supply chain planners have been on the ball, they’ll already have anticipated the impact of demand uncertainty, strikes, and shortages that might cause logistics issues. A real-time holistic view of the supply chain is essential for efficient demand-driven planning.

Supply Chain Planning 52

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QAD

DECEMBER 16, 2021

The global supply chain is facing a perfect storm of challenges, and dealing with it, according to GE CEO Larry Culp , “really is akin to playing Whac-A-Mole.” And the current global supply chain disruptions may be sticking around longer than we might think. As one headache is eased, another pops up.

Supply Chain Disruption 94

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ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement.

Optimal Sourcing 130

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Resilinc

MARCH 22, 2023

For example, a lack of sprinklers in your tier-3 supplier is a weakness that could lead to a factory fire and further supply chain disruptions. Not only does it affect supply, procurement, and purchasing, but it also impacts sales, marketing, and human resources. Next, mapping shows “where” impacts occur.

Supply Chain Design Software 62

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SYSPRO Smarter ERP

SEPTEMBER 8, 2021

Running a warehouse as a silo, for example using a spreadsheet, will not help sales when a customer asks for a quote, or the shop floor if they need to know what materials are available for a production run. It ties into the ERP system where quotes and purchase orders are managed.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Forecasting Software 115

6 River Systems

JULY 9, 2019

Today’s global supply chains are increasingly complex, making a data-driven approach to supply chain management a must. Data-driven SCM provides visibility from end to end for monitoring the flow of information, services and goods from procurement to manufacturing and delivery to the end consumer.

Optimal Sourcing 40

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Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. When you know the value, location, and quantities of your stocked items you’re in a better position to make informed decisions around procurement and sales – ultimately resulting in reduced production costs and improved profitability.

Inventory Management Software 52

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Supply Chain Matters

JUNE 16, 2022

Let’s also add for our audience that a good portion of inflationary pressures have stemmed from supply chain disruptions and subsequent actions. Industry Supply Chain Implications. Needs or leasing augmented warehouse capacity is going to be considerably more expensive.

Material Savings 52

Material Savings Inventory Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Matters

JANUARY 6, 2023

Our research advisory report for 2023 begins with a review of the themes of our prior three years of predictions and the derived learning for the supply chain management community. Overall inventory levels among retailers and online channels remains at high levels and continuing to fill warehouses.

Predictive Analytics Software 98

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