SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). They do not relate to any overall company procurement goals and objectives.

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 84

The Logistics & Supply Chain Management Society

JUNE 30, 2022

We managed the supply chain for China’s largest manufacturer with close to US$500m in logistics spend. Something that the forwarding and logistics industry has wrestled with over the years, is to balance the risk and reward of investment into organic systems development, versus purchasing third-party market software to run our businesses.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Supply Chain Software 130

SCMDOJO

FEBRUARY 19, 2024

Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). Figure-c: Evolution of Lean Six Sigma (source: Snee, R.D. – Six Sigma creates a link between tactical actions and strategic focus. . Hoerl, R.W.,

Six Sigma 98

Six Sigma Optimal Sourcing Continuous Improvement Agile and Lean Supply Chain 98

Jaggaer

JUNE 9, 2020

Procurement teams can lead the way in building a robust system into the future. This should serve as a wakeup call for procurement teams to take a look at the clauses in their contracts. supplychain #sourcing [link] pic.twitter.com/40kHrnlbvY. During the 2008 financial crisis, manufacturing companies decreased production.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Price Reduction Procurement Solutions 52

Resilinc

JANUARY 19, 2022

Wolfsburg, Lower Saxony, Germany is Volkswagen’s HQ and site of a massive manufacturing complex.). Toyota’s thinking about supply chain risk management began to shift in the wake of the 2008 financial crash that bankrupted many important automotive suppliers. A better sourcing strategy appeared first on Resilinc.

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Price Reduction Cost Reduction Strategies 62

Supply Chain Matters

APRIL 11, 2023

The Announcement Commercial aircraft designer and manufacturer Airbus announced plans t o double the production of the company’s final assembly production capabilities within China. This facility has been operational since 2008. At the same time, it is likely that these orders stipulate that aircraft must be assembled within China.

China 52

China Sourcing Strategies Manufacturing Procurement Price Reduction 52

Jaggaer

SEPTEMBER 29, 2020

At what point in an organization’s journey is it time to make the shift from reactive purchasing by non-practitioners to hiring and developing seasoned specialists who are able to look at spend holistically and create strategies that help an organization transform towards value management? Short-Term Pain Means Long-Term Gain.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Procurement Sourcing Strategies 52

New Horizon Supply Chain Blog

JULY 21, 2022

Global Supply Chains Have Been Fundamentally Changing Since 2008. An interesting article in The Economist points out that while we think of the pandemic as having triggered sudden changes in global supply chains, many recent changes just represent an acceleration of trends that had been underway since the 2008 Great Recession.

Trends 52

Trends Supply Chain Software Global Supply Chain Planning 52

Supply Chain Matters

JANUARY 6, 2023

Since our inception in 2008, The Ferrari Consulting and Research Group has annually published a series of supply chain management focused predictions. Global manufacturing activity as depicted by the J. Morgan Manufacturing PMI® which began 2022 at an expansionary conditions value of 54.2, Background. a 30-month low.

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 98

Logistics Viewpoints

FEBRUARY 25, 2022

These rising prices can cut into the profits of manufacturers, distributors, and retailers who are reliant on this form of energy for powering their facilities. Oil, gas, steel and metal products account for other everyday items purchased from the two countries.” Natural gas has become increasingly important in generating electricity.

Price Reduction 229

Price Reduction Ukraine Russia Logistics Network Optimization Software 229

NC State SCRC

APRIL 3, 2019

The type of contract of interest in this report is for Development and Manufacture contracts in the Aerospace and Defense industries. The subcontract efforts feature the majority of military and part of commercial aviation, systems are outsourced by the overall airframe manufacturer, known as “primes” (Boeing, Airbus, Sikorski, etc.)

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

Unleashed

APRIL 20, 2020

The last global recession was in 2008, leading some economists to believe the next one is overdue. The health of manufacturers is a good indicator of the health of the economy. To measure this, we turn to the Purchasing Managers Index (PMI). To measure this, we turn to the Purchasing Managers Index (PMI). in February.

Agile and Lean Supply Chain 81

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Planning 81

QAD

JUNE 8, 2021

The Guardian stated : “The technology industry faces a growing shortage of semiconductors and other high-tech components following a failure to invest in new manufacturing facilities during the recession, experts have warned.” see Figure 2) was added in response to shortages and disruptions that occurred in 2008-2009.

Supply Chain Software 98

Supply Chain Software Automotive Demand Planning Software Forecasting Software 98

Supply Chain Matters

SEPTEMBER 13, 2024

The company, which also makes military jets, rockets, spacecraft and Air Force One, is a global symbol of America’s manufacturing strength.” The Times report observed that the last labor strike in 2008 lasted 50 days and if the current stoppage extends that long, it will cost Boeing at least $3 billion according to estimates.

Negotiating Skills 52

Negotiating Skills Washington Manufacturing Procurement Oregon 52

Logistics Viewpoints

JULY 9, 2021

Prime Minister Yoshihide Suga said it was essential to prevent Tokyo, where the highly infectious Delta COVID-19 variant was spreading, from becoming the source of another wave of infections. This was part of the reason the company missed its 2008 goal to reduce aircraft emissions by 20 percent by the end of 2020. Rob Spilman Jr.,

Logistics Network Optimization Software 183

Logistics Network Optimization Software Logistics Price Reduction Finland 183

QAD

NOVEMBER 12, 2019

In a world where the future could go in so many different directions, how are auto manufacturers to survive, let alone thrive? And just as OEM auto manufacturers are partnering to get ahead, automotive suppliers are doing the same. The good news is that there are things companies can do to adapt. Partner Up to Share the Risk.

Automotive 111

Automotive Cost Reduction Strategies Inventory Reduction Manufacturing Procurement 111

Jaggaer

JANUARY 28, 2019

As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supply chains and procurement organizations.

Manufacturing Procurement 40

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Procurement 40

Enterra Insights

APRIL 13, 2023

But for anyone harking back to the last major recession in 2008, the stakes are far different this time around for consumers and retailers.”[4] ”[4] On a more positive note, Lacy points out that retailers are better equipped to deal with a downturn than they were in 2008. The reason, she explains, is digital technology.

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Supply Chain Shaman

MARCH 17, 2013

In 2008, 762 people became dangerously ill in 48 states from contaminated peanut butter in the United States. The PCA factory that manufactured the peanut butter was certified as safe by the American Institute of Baking (AIB). Walmart has worked hard on ethical sourcing. The factory had recently passed an ethical sourcing audit.

Manufacturing Procurement 210

Manufacturing Procurement Pakistan Supply and Demand Bangladesh 210

Supply Chain Matters

SEPTEMBER 23, 2023

In this second Supply Chain Matters reader update, we highlight the ongoing supply chain and manufacturing implications of the labor strike involving the three U.S. Today, China based EV automakers and suppliers have notable cost advantages in materials sourcing, production and labor costs. unionized auto companies. Thus, some U.S.

Negotiating Skills 59

Negotiating Skills Cost Reduction Strategies Expense Reduction Inventory Reduction 59

Kinaxis

DECEMBER 12, 2014

by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. One very good source of supply chain training is APICs (American Production and Inventory Control Society). However, better supply chain planners might question that recommendation.

Supply Chain Planning Software 240

Supply Chain Planning Software Supply Chain Planning Price Mitigation Strategies Training 240

Logility

APRIL 30, 2020

In the wake of the financial crisis of 2008–2010, CSR again became a focus for evaluating corporate behavior. With every participant in your global supply chain — retailers, brands, vendors, manufacturers, suppliers, contractors, agents, brokers, carriers and freight forwarders – on the same page, quality management is better executed.

Supply Chain Planning Software 167

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 167

Supply Chain Shaman

JUNE 28, 2021

Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. In 2008, the demand planner leaves the meatpacking Company to train for the Olympics. Maximize the value of your purchase. The volatile meat market changes daily.

Supply Chain Planning Software 236

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 236

GlobalTranz

MARCH 15, 2017

Public awareness and mass retailer initiatives have driven major sustainability efforts over the last two decades among CPG manufacturers. Driven by aggressive targets and retailers’ “supplier scorecards”, their progress has been enabled by advances in materials engineering and manufacturing technology. . Among the challenges: .

Cost Reduction Strategies 120

Cost Reduction Strategies Waste Reduction Expense Reduction Material Savings 120

GlobalTranz

FEBRUARY 27, 2017

Public awareness and mass retailer initiatives have driven major sustainability efforts over the last two decades among CPG manufacturers. Driven by aggressive targets and retailers’ “supplier scorecards,” their progress has been enabled by advances in materials engineering and manufacturing technology. Among the challenges: .

Waste Reduction 120

Waste Reduction Sustainability Cost Reduction Strategies Expense Reduction 120

Resilinc

AUGUST 9, 2022

.” Procurement and supply chain managers should take that adage seriously for the next year to 18 months, given the prospects of a recession in the United States. consumer demand to decline in many sectors and sending a bullwhip upstream to suppliers, with 20-30% PO reductions reported by Chinese manufacturers.

United States 62

United States Manufacturing Procurement Forecasting Cost Reduction Strategies 62

Supply Chain Opz

JULY 7, 2013

Resilience Project, its methods has been tested under many extreme circumstances such as, - 2008: Chengdu Earthquake in China. Cross-functional team, part standardization, back-up suppliers, dual-sourcing, supplier collaboration are the basic foundation that is tried and true. And according to the U.S. 2009: H1N1 Outbreak in Mexico.

Supply Chain Disruption 170

Supply Chain Disruption Supply Chain Strategy Manufacturing Procurement Supply Chain 170

GlobalTranz

MAY 27, 2015

How Can USMTO Reports Help Drive Manufacturing Sales and your Bottom Line? The United States Manufacturing Technology Orders (USMTO) data report is compiled monthly by the Association for Manufacturing Technology (AMT). Who is Association for Manufacturing Technology (AMT)? What is the USMTO Data Report?

Manufacturing Procurement 120

Manufacturing Procurement Big Data Procurement Analytics Report 120

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. The company is the third-largest manufacturer of flash memory in the world.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Enterra Insights

OCTOBER 14, 2020

Now, all that manufacturing, logistics, pricing, customer engagement and general commerce data is obsolete.” Fear-based behavior that started during the pandemic will persist long after, and these consumers will prefer bulk purchases, hyper-localization, healthy and functional foods, product transparency, and preventative masstige products.”

Purchasing Skills 100

Purchasing Skills Manufacturing Procurement Predictive Analytics Software Modeling 100

Supply Chain Opz

JULY 7, 2013

Rubio and Chamorro 2008 explains about the current state of reverse logistics research in their paper " Characteristics of the research on reverse logistics (1995–2005) " that major research stream is, - Development of math algorithm in a production planning and design of optimal reverse logistics network. Literature Review.

Reverse Logistics 226

Reverse Logistics Optimal Sourcing Logistics Case Study 226

Supply Chain Opz

JANUARY 29, 2020

Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. Books We Recommend - Purchasing Book - Six Sigma Books - Operations Management Book - Inventory Control Book - Lean Books - International Business Book Last review and update: January 30, 2020 & Tang, C.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 100

Supply Chain Shaman

MARCH 28, 2016

The average manufacturing company’s supply chain organization is 15 years old. In our recent analysis of supply chains that are “working well” , we find higher performance when companies have source, make and deliver reporting to the supply chain organization. The period of 2007-2008 was the great recession.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Freightos

DECEMBER 2, 2021

Meanwhile, ocean carriers were preparing for an economic slump similar to 2008 which negatively impacted the ocean shipping industry, so they were initially limiting activity to save costs. However, since buying goods manufactured primarily in Asia increased so significantly, demand quickly outpaced supply. Start shipping now.

Price Reduction 177

Price Reduction Cost Reduction Strategies Freight Supply Chain Planning Software 177

Logistics Bureau

MARCH 11, 2020

When leading economists start talking about a drop in manufacturing comparable to the start of the 2007-2008 global financial crisis, you can be sure that the world’s leading industries are in for a torrid few months. The US and many Western producers source most of their APIs from China. The Auto Industry. Electronics.

Industrial 52

Industrial Industry Manufacturing Procurement Pharmaceutical 52

Supply Chain Insights

JUNE 30, 2017

Not soon afterward, independent research companies like Vision Chain/Orchestro (now e2Open), R3, Retail Velocity and Retail Solutions, Inc (RSi) began acquiring direct POS data from hundreds of retailers and reselling the data to the consumer products manufacturers. These are aptly named Demand Signal Repositories or “DSR’s.”

Supply Chain Planning Software 110

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Predictive Analytics Software 110

NC State SCRC

DECEMBER 9, 2015

After highlighting some of the results from the IBM study I worked on this past fall on procurement analytics, I introduced Rich Hughes, former Chief Procurement Officer from Procter & Gamble. We needed to digitize as many of our source to pay processes as we possibly could.

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Manufacturing Procurement Analytics Software 40