Resilinc

APRIL 17, 2024

While it may seem smart to simplify procurement and lower costs, single sourcing can actually expose businesses to risks that can jeopardize their operations and bottom line. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. What is single sourcing and sole sourcing?

Sourcing Strategies 110

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Sourcing 110

Talking Logistics

SEPTEMBER 19, 2014

Menlo Logistics Opening New Multi-client Warehouse in Ladkrabang, Thailand. Last year at the Ariba LIVE 2013 conference, I led a discussion session titled “At the Intersection of Social and Business Networks” with about fifty senior executives in supply chain and procurement. IAS ChassisManager Facilitates Street-Turns.

Logistics Network Optimization Software 140

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 140

QAD

AUGUST 12, 2021

Taking Ford as an example from the companies above, Ford is working with key suppliers in China, India, Thailand and South Africa to eliminate over 4,900 metric tons of CO2 and 24 million gallons of water usage over the next three years.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

Supply Chain Opz

JANUARY 22, 2016

This is how Western digital managed to restore its operations after the flood in Thailand much sooner than its competitors. - Traditionally mandated for public procurement, it offers many of the same benefits to corporations. Use dynamic pricing to manage demand of similar products. Transparency!

Sourcing Strategies 120

Sourcing Strategies Vendor Strategies Cost Reduction Strategies Supply Chain Strategy 120

Kinaxis

AUGUST 10, 2015

In a related article by the Guardian , David Noble, chief executive of the Chartered Institute of Procurement & Supply, points out just how pervasive this issue is, saying 11% of British business leaders report modern slavery likely already plays a role in their supply chains.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain 100

QAD

OCTOBER 11, 2022

Updates in the past few months address new requirements for Austria, Belgium, Bulgaria, Norway, Thailand and other global regions. . It is important to highlight QAD Internationalization as we continuously add new packages that address legal requirements or business practice variations around the world. Complete Customer Management.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Procurement Analytics Supply Chain Design Software 98

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

As an example, Siam Cement Group in Thailand is adapting its supply chain design and strategies during the pandemic (as detailed in the table below). Shortage management is a strategic approach that evaluates the number of items required by a specific date, guiding purchasing managers to procure items accordingly.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Supply Chain Game Changer

NOVEMBER 9, 2021

Over 90% of natural rubber comes from Asia, with Thailand, Indonesia and Malaysia making up 70% of the world’s supply of natural rubber. Any consumers of natural rubber specifically, will need to rethink their procurement and supply line strategies in light of these market realities.

Supply Chain Strategy 98

Supply Chain Strategy Price Reduction Manufacturing Procurement Supply Chain 98

QAD

JUNE 28, 2022

Taking Ford as an example, the company is working with key suppliers in China, India, Thailand and South Africa to eliminate over 4,900 metric tons of CO2 and 24 million gallons of water usage over the next three years. Where do supply chain ethics and sustainability rank on your organization’s priority list?

Cost Reduction Strategies 98

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 98

Supply Chain Matters

JULY 20, 2022

front that retailers and certain businesses may have procured too much inventory , and now that these inventories have arrived, the challenge will be not to exposed to a decline in consumer buying activity in the months to come. This month, the Economist Intelligence Unit revised its forecast of the overall U.S. inflation rate to be 9.2

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Supply Chain Strategy Supply Chain 98

Supply Chain Matters

FEBRUARY 2, 2023

The few pockets of production expansion were noted to be within Asia , including India, Indonesia, Thailand and the Philippines. Thailand The S&P Global Thailand Manufacturing PMI® pointed to broad based improvement in business conditions during January, reporting a value of 54.5, rising one percentage point from the 47.8

Optimal Sourcing 59

Optimal Sourcing Manufacturing Procurement Report Global 59

Supply Chain Matters

FEBRUARY 19, 2024

Background Supply chain ethical and social responsibility, that which umbrellas ESG conformance, have increasingly become a concern for businesses, large and small, along with their procurement organizations. Reportedly, the vast majority of detained goods were produced in either Malaysia, Vietnam or Thailand.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Supply Chain Strategy Supply Chain 52

EcoVadis

JUNE 16, 2016

Western multinationals linked to these practices through their supply chains into damage control and Western governments responded by imposing trade sanctions on Thailand. Thailand, the target of much of the attention in Southeast Asia, is the third largest seafood exporter in the world. Background. According to the U.S.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 40

Logistics Bureau

JANUARY 19, 2020

I’ve been taking them around the Asia Pacific region for several years, and the seminars have received a tremendous reception in Thailand, Vietnam, and of course, Australia. Procurement and purchasing. Here are some of the topics our students typically learn about: Opportunities for cost reduction and service improvement.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning Cost Reduction Strategies 59

JDA software

MAY 10, 2019

McKesson, the oldest and largest healthcare company in the United States, needed to overhaul its procurement function with a redefined supply chain strategy. ThaiNamThip is a bottling company in Thailand under the Coca-Cola brand. days of labor.

Optimal Sourcing 15

Optimal Sourcing Material Savings Inventory Reduction Cost Reduction Strategies 15

Logistics Bureau

JANUARY 7, 2020

Procurement costs. There is also the question of ethical procurement and purchasing to consider. . Ethical Procurement and Corporate Responsibility. In 2015, Nestlé discovered that fish products it was procuring from Thailand for use in its cat food brands were sourced from suppliers engaging in forced and slave labour.

Inventory Reduction 111

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 111

Bristlecone

FEBRUARY 26, 2019

It took a mere 18 weeks for Bristlecone to lead a Middle Eastern steel manufacturing client on a transformation journey that took them from manual processes to a powerful new procurement solution. Don’t miss your chance to get in on the customer-centric antifragility conversation at Pulse 2019! Details Coming Soon. We go the distance.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Design Software SAP 40

AFFLINK

OCTOBER 8, 2020

Floods in Thailand cost the auto industry, dependent on parts from Thai manufacturers, more than $5 billion in sales during the six months it took to recover. While it’s helped keep costs down, it’s also eliminated the flexibility to deal with disruptions as companies moved increasingly to foreign supply chains.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Optimization Manufacturing Procurement Supply Chain 62

Supply Chain Movement

MARCH 14, 2016

Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs) are designed to boost economic growth through trade by opening markets by way of progressive removal of customs duties, eliminating or reducing trade barriers and tariffs, lifting restrictions on services and even through public procurement. Svalbard and Jan Mayen.

Guinea-Bissau 60

Guinea-Bissau Virgin Islands Papua New Guinea Burkina Faso 60

Supply Chain Matters

JUNE 5, 2023

Thailand a Regional Standout A further regional standout, manufacturers across Thailand have reportedly experienced the fastest rates of demand for products on record, with production levels easing somewhat in May. The S&P Global Thailand Manufacturing PMI® declined from this survey’s record 60.4 value in April to 58.2

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Thailand 52

Supply Chain Matters

MARCH 7, 2023

The alternative supply chain or “ Altasian” is defined as countries consisting of Japan, South Korea, Taiwan, India, the Philippines , Indonesia, Singapore, Malaysia, Thailand, Vietnam, Cambodia and Bangladesh.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement China Sourcing 52

Supply Chain Matters

MAY 5, 2023

Of continued interest was that India and Thailand indexes (included in our highlights below) as leading in PMI growth during April. Developing Regions Thailand The S&P Global Thailand Manufacturing PMI® recorded a record high in April that was headlined with a new orders rebound and output surges.

Manufacturing Procurement 52

Manufacturing Procurement Global Supply Chain Optimization Supply Chain Strategy 52

ThroughPut

MAY 31, 2022

Multisourcing: As far back as in 2011, natural calamities in Japan and Thailand disrupted supply chains globally, exposing the crippling reliance of several businesses on single supply sources. They must be able to classify suppliers not only by spend, but also by revenue impact in case of disruptions.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Inventory Reduction Supply Chain Strategy 52

Supply Chain Matters

JULY 6, 2023

Positive client interest continued to support the manufacturing industry, driving growth of output, employment, quantities of purchases and input stocks.” Thailand a Regional Standout A further regional standout, manufacturers across Thailand reportedly experienced “ solid manufacturing sector expansion ” in June.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Locus

MARCH 20, 2023

Based in the United Arab Emirates (UAE), Floranow is an online B2B floral marketplace that connects buyers to growers from across the world, including Holland, Kenya, Thailand, Columbia and China. With a passion and desire to resolve all this and more, he founded Floranow in 2016. This is what we love most about working with Locus.”

United Arab Emirates 52

United Arab Emirates Optimal Sourcing Supply Chain Planning Software UAE 52

Supply Chain Matters

AUGUST 5, 2024

manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. Thailand ’s manufacturing sector experienced increases reportedly with new order volumes rising for the first time in over a year and driving the fastest output growth since May 2023.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Procurement Analytics 52

Supply Chain Matters

JULY 18, 2023

product demand needs while a portion will shift to Thailand to support Asian market demand needs, according to cited sources. computer maker’s first substantial move to diversify its personal computer supply chain beyond China. ” The PC maker reportedly is planning to shift some laptop production to Vietnaes m next year as well.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Supply Chain Matters

SEPTEMBER 6, 2024

Thailand , India , and Mexico this year. According to a published report from Bloomberg (Paid subscription), “ Over the past 12 months, the global average temperature was 1.64C higher than pre-industrial levels, above the 1.5C threshold that policymakers and scientists say threatens life on the planet.”

Global 52

Global Thailand Supply and Demand Sustainability 52

Supply Chain Matters

APRIL 4, 2023

That is a positive sign Of continued interest was that India and Thailand indexes (included in our highlights below) reflected the quickest rates of expansion. Thailand The S&P Global Thailand Manufacturing PMI® remained at high levels during Q1-2023 growing at a steady pace since November 2022.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Purchasing Skills 52

Precoro

JANUARY 17, 2025

The company’s Chief Operating Officer, Chief Financial Officer, and Assistant Procurement Manager shared their experiences in tackling procurement challenges and explained how Precoro provided the solution. This reliance on spreadsheets led to periodic human errors, further complicating the procurement process.

Procurement Solutions 45

Procurement Solutions Procurement Analytics Optimal Sourcing Vendor Strategies 45

Material Handling & Logistics

MAY 22, 2018

Instead of trying to cut costs silo by silo, these companies take an integrated view of operations (product design, procurement, manufacturing, supply chain management). Procurement: Buy Better, Spend Better. Bain research shows that spending better can potentially more than double a company’s productivity gains from procurement.

Supply Chain Design Software 40

Supply Chain Design Software Price Reduction Vendor Strategies Cost Reduction Strategies 40

Resilinc

AUGUST 9, 2023

Implement Strategic Multi-Sourcing Multi-sourcing is a strategy where an enterprise chooses to procure a component or material from multiple, unique suppliers. Conversely, single-source procurement (with only one supplier) is prone to added revenue risks, increased bottlenecks, and diminished flexibility in responding to demand fluctuations.

Modeling 48

Modeling Supply Chain Design Software Supply Chain Planning Software Supply and Demand 48

EcoVadis

JUNE 25, 2018

million tons), Thailand (1.8 Currently, palm plantations cover more than 27 million hectares of the earth’s surface with palm oil production representing the highest volume of all vegetable oils (rising from 15.2 million tons in 1995 to 62.6 million tons in 2015). million tons) and Western Africa (2.4 million tons).

Sustainability 61

Sustainability Resource Reduction Brazil Indonesia 61

Supply Chain Matters

AUGUST 19, 2024

That includes plans to make batteries and car parts in Thailand and Vietnam and microchips for cars in Malaysia. This report indicates that “ Foxconn has invested hundreds of millions of dollars in E.V.-related related manufacturing in Southeast Asia.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Negotiating Skills Purchasing Skills 52

Vinculum

NOVEMBER 1, 2020

Likewise, Thailand is being contemplated to be known as one of the fastest-growing e-commerce markets in Southeast Asia. however, Thailand procures remarkable atmospheric conditions for e-commerce. Provisions that need to be followed by e-commerce industries in Thailand are as follows – Corporate structure.

Thailand 52

Thailand Procurement Analytics Price Reduction Electronics 52

Supply Chain Matters

JANUARY 8, 2024

This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Declines in the manufacturing sector were noted for Myanmar , Thailand , and Malaysia. These nations reportedly account for 98 percent of ASEAN manufacturing value added. by the end of the year.

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 52

Supply Chain Matters

OCTOBER 3, 2024

manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. Most pronounced was a steep deterioration in business sentiment in the manufacturing sector, down to an 11-month low, though sentiment also dipped to a none-month low in the service sector.” in September.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Manufacturing 52