Logistics Viewpoints

MARCH 25, 2021

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. Trade disputes and tariffs.

Supply Chain Planning Software 309

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

Logility

OCTOBER 29, 2021

With the right technology, process manufacturing strategy, planning, and management can be simplified. Manufacturers have been through a trial by fire with supply chain disruptions and changes in demand during the past two years. 4 Digital Solutions That Address the Top Challenges for Process Manufacturers.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

Supply Chain Shaman

JUNE 14, 2024

The gap shown in Figure 1 is from a research study completed in 2020 before the declaration of the pandemic. In my research, I find that during the period of 2013-2020, most of the variability in supply chains was self-induced. The focus on a marketing-driven strategies and IT standardization. You might say, how so? The answer?

Cost Reduction Strategies 195

Cost Reduction Strategies Waste Reduction Inventory Reduction Supply and Demand 195

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 81

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 81

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

RPA can automate critical yet repetitive processes, driving increased efficiency, error reduction and faster throughput. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Inventory Management. Purchase Order Management. Contract Review.

Supply Chain Software 246

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

Supply Chain Game Changer

JULY 27, 2021

The Parallel Supply Chain … A Twilight Zone Strategy? For that reason we wonder whether the resilient Supply Chain is a passing fad or a sustainable strategy? You need the vision, the leadership, the strategy, and the resources to implement this capability. Subscribe Here! Email Address. Get Our EBOOK HERE.

Sourcing Strategies 119

Sourcing Strategies Inventory Reduction Resource Reduction Expense Reduction 119

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands. While striving to keep costs low, it also aims to meet customer expectations efficiently.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

SYSPRO Smarter ERP

NOVEMBER 1, 2021

The manufacturing industry confronted many uncertainties in the last year due to the pandemic. 2020 SYSPRO research showed tha t 60% of businesses were impacted by supply chain disruptions during the pandemic. The pandemic has led to many shifts in manufacturing including new challenges to overcome.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software 111

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

The GCC chemical industry is second largest manufacturing industry in value add, after refining. Slowing demand means 6% lower imports from the GCC vs 2019 and 10% lower than 2020 forecast before the virus outbreak.” percent of the GCC’s GDP. Reported by GPCA, “China is one of the key destinations for GCC polyethylene exports.

Chemicals 113

Chemicals Saudi Arabia Cost Reduction Strategies Inventory Reduction 113

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

SYSPRO Smarter ERP

OCTOBER 4, 2021

The pandemic pushed manufacturers and distributors to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supply chains. A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 119

Manufacturing Procurement Distribution Sourcing Strategies Manufacturing 119

ThroughPut

JANUARY 4, 2024

Embark on an enlightening expedition into manufacturing process enhancement, where the thin line between triumph and defeat often hinges on a singular juncture within the production sequence. This guide will take you on a journey through the fascinating and sometimes frustrating world of bottlenecks in manufacturing.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Supply Chain Shaman

JULY 6, 2020

Frank, the line manager for manufacturing, dominated the meetings. Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. Efficient supply chains may not be the most effective.

Agile and Lean Supply Chain 299

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 299

Supply Chain Shaman

OCTOBER 8, 2019

The fall ritual precedes the dropping of the ball on Times Square to ring in 2020. I find senior executives love to throw around superlatives like customer-centric, agile, efficient and responsive but lack the understanding of how the words translate to supply chain strategy in the real world. It is all consuming. Background.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

Supply Chain Shaman

JUNE 9, 2023

The current taxonomy (or frame/models) for the engines does not address the issues of the global multinational manufacturing company. In the Global Supply Chain, there are More Constraints To Address Than Just Manufacturing. Companies need a planning solution to analyze the trade-offs between make, source, and deliver.

Optimal Sourcing 319

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 319

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

QAD

AUGUST 12, 2021

Sustainable manufacturing refers to the ability to manage manufacturing operations “in an environmentally and socially responsible manner,” according to the Organization for Economic Cooperation and Development. In their 2020 sustainability report, Whirlpool announced record low levels of energy and water intensity in their plants.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

The Logistics & Supply Chain Management Society

JULY 22, 2020

But companies will have to go beyond the usual inventory optimisation. . Sourcing strategies will focus on risk-free, nearshoring supply base with long term partnership with TCO-competitive suppliers, who value sustainability. . LogiSYM Supply Chain Magazine – July 2020. – LogiSYM July 2020.

Supply Chain Software 147

Supply Chain Software Modeling Pharmaceutical Agile and Lean Supply Chain 147

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Supply Chain Shaman

APRIL 30, 2020

The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. However, supply chain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm. During the pandemic, demand fell, and it was now available.

Supply Chain Design Software 360

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 360

Unleashed

OCTOBER 4, 2020

Building and maintaining a strong, consistent brand is fundamental to any marketing strategy. Your marketing strategy should focus on building brand equity because it plays a significant role in your brewery’s long-term sustainability. Beer marketing strategies in 2020. Beer marketing strategies during lockdown.

Sourcing Strategies 82

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 82

Enterra Insights

APRIL 21, 2021

The BCG analysts explain, “Today, another workforce transformation is on the horizon as manufacturing experiences a fourth wave of technological advancement: the rise of new digital industrial technologies that are collectively known as Industry 4.0.” So, it’s not a question of if but when AI will become the norm in the manufacturing sector.

Analytics Software 130

Analytics Software Big Data Predictive Analytics Price Reduction 130

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

USC Consulting Group

MARCH 15, 2021

We can all agree that 2020 was quite the tumultuous year for manufacturing, and for most every other industry out there. We’ve all had to pivot on a dime to accommodate COVID-19 workplace protocols and procedures, and that one change alone hit manufacturing especially hard. Yes, we’ve been through a trial by fire.

Manufacturing Procurement 98

Manufacturing Procurement Manufacturing Sourcing Strategies Optimal Sourcing 98

ToolsGroup

JULY 6, 2023

IL’s educational mission is to guide businesses to efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning supply to demand and adjusting enterprise functions to support that paradigm shift. Access the report here. Read the press release here.

ToolsGroup 295

ToolsGroup Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 295

SYSPRO Smarter ERP

MARCH 21, 2022

Unless manufacturers change, they will find that their ability to forecast demand, and determine what to do to meet it, will be challenging. What is required is the modernization of supply chain systems and practices so that supply chains are more resilient and efficient. How Supply Chain Management is changing.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Forecasting Software 116

Logility

JUNE 28, 2021

If 2020 has taught businesses nothing else, it’s taught the importance of resilient planning for supply chains. What’s clear is that every business must have strategies in place to protect itself from global supply chain threats today, and for as long as it plans to stay in business. Take a comprehensive view to optimize your planning.

Supply Chain Planning Software 131

Supply Chain Planning Software Supply Chain Planning Scenario Planning Inventory Reduction 131

Enterra Insights

JANUARY 6, 2021

.”[2] The staff at Advanced Transportation Systems (ATS) adds, “Supply chain management deals with the procedures encompassing sourcing components a company requires to develop its products or service to deliver the end product to customers. If you want to develop a robust SCM strategy, you have to look at the entire ecosystem.

Supply Chain Design Software 190

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 190

Enterra Insights

JANUARY 7, 2020

Simon Ellis, Vice President of IDC Manufacturing Insights, observes, “The supply chain continues to undergo almost unparalleled levels of change. Supply chains will be able to procure, source, manufacture and handle logistics across a broad array of players including small to medium businesses. ” 5. . Prediction 1.

Predictive Analytics Software 100

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 100

BlueYonder

FEBRUARY 25, 2021

To navigate the new normal, here are three strategies supply chain planners should consider: 1. 1] For many automotive manufacturers and suppliers, the initial shutdown of manufacturing in China due to the pandemic fully halted production in 2020, which exposed the risk of a single-country dependency model for many companies.

Inventory Reduction 56

Inventory Reduction Sourcing Strategies Supply Chain Strategy Modeling 56

Supply Chain Matters

AUGUST 3, 2022

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. The July 2022 J.P.

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

Unleashed

NOVEMBER 10, 2021

UK electronics manufacturers have seen a sales revenue lift of 30% in 2021 vs 2020, outpacing the average performance of manufacturers of 24%, according to data from a soon-to-be released Unleashed State of Manufacturing report. The report analyses over 79,000 data points from UK manufacturers that use Unleashed software.

Manufacturing Procurement 98

Manufacturing Procurement Electronics Manufacturing Inventory Management Software 98

Supply Chain Shaman

JANUARY 31, 2022

A container from Shanghai to Long Beach was 56 days in 2020 and increased to 80 days in 2021. Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. He genuinely cared for the organization and prided himself on forging clever strategies.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Logistics Viewpoints

JANUARY 13, 2023

He has lost approximately $182 billion since November 2021, as estimated by Forbes, although other sources suggest that it could actually be closer to $200 billion. Frozen dairy manufacturers reduce packaging footprint. Elon Musk has officially broken the world record for the largest loss of personal fortune in history.

Expense Reduction 215

Expense Reduction Inventory Reduction Material Savings Logistics Network Optimization Software 215

Logility

JANUARY 10, 2023

For instance, a plastic packaging products manufacturer can optimize its capital investments by using forecasting data and increasing its visibility across current business gaps and future requirements. Consider a global hospitality supplier that wanted to secure a consistently available inventory of personal care products at a lower cost.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 130