Resilinc

APRIL 17, 2024

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. The pandemic was a wake-up call to the dangers of single sourcing. What is single sourcing and sole sourcing?

Sourcing Strategies 96

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 96

QAD

MARCH 31, 2020

It’s a niche industry, but also one of the cornerstones of discrete parts manufacturing. They’re complex machines assembled from thousands of parts, many purchased from highly specialized manufacturers. Inevitably, the procurement process is complex and challenging to manage. Purchasing for Complex Products.

Manufacturing Procurement 140

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 140

Supply Chain Shaman

APRIL 18, 2023

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. In the spring of 2022, Asia/US ocean container rates resumed pre-pandemic levels and congestion eased in November 2022 into California ports. Build in-market sourcing. What is normalcy? Shift in cycles.

Supply Chain Planning Software 390

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 390

SYSPRO Smarter ERP

JULY 14, 2022

For decades, ASEAN manufacturing, once seen as a global phenomenon, had been overshadowed by the meteoric rise of Chinese factories. percent of global manufacturing output and was regarded as the world’s manufacturing superpower. Building manufacturing opportunities from the ground up. In 2019, China accounted for 28.7

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Software Agile and Lean Supply Chain Manufacturing 116

Supply Chain Matters

APRIL 5, 2024

Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

DELMIA Quintiq

MAY 11, 2015

Last week I explained how individual tastes, compounded by geography, climate and less developed distribution and logistics infrastructure challenge beverage manufacturers in Asia. You save on manufacturing costs, rationalize utilization of the existing line capacities, and economize transportation costs. The result?

Manufacturing Procurement 120

Manufacturing Procurement Beverage Supply Chain Planning Software Asia 120

Logistics Viewpoints

JUNE 20, 2022

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

Agile and Lean Supply Chain 237

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 237

SYSPRO Smarter ERP

JANUARY 19, 2022

There’s no doubt that the pandemic, with its harsh lockdowns and impact on economies worldwide, has played a dramatic role in the supply chain disruptions being experienced by manufacturers. Many businesses in the US, and elsewhere, were sourcing their componentry from China. Shipping challenges.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chain Planning 105

SCMDOJO

SEPTEMBER 24, 2024

It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity. Make vs Buy Analysis evaluates whether to manufacture a product in-house or purchase it from suppliers. External sourcing adds supplier pricing, shipping, and handling fees.

Optimal Sourcing 97

Optimal Sourcing Analysis Material Savings Supply Chain Software 97

Supply Chain Matters

DECEMBER 13, 2023

Background Within our research arm’s previously published industry and global supply chains predictions advisory published at the start of this year, we predicted that manufacturers would up their efforts this year in restoring more direct control and added resiliency in their direct materials component and outsourced manufacturing strategies.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Cost Reduction Strategies 52

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . About 9% even had stopped offering free shipping to recover costs, while 7% held off on ordering peak inventory to see if prices would level off.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

Supply Chain Matters

MARCH 29, 2022

The Supply Chain Matters blog highlights this week’s announcement from athletic footwear designer and manufacturer New Balance of the grand opening of this company’s fifth production facility in North America. In a published Supply Chain Matters at the time , we pointed out that despite knowledge that manufacturing shoes in the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing Strategies Expense Reduction 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Source: Consultancy.UK. Image source: Fortune.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

FEBRUARY 18, 2021

Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Dwell times grow as more and more ships sit in the ocean waiting to unload.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 288

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

are reporting that they are being inundated with requests from importers seeking to use provisions such as the “321 de minimis” rule, which allows goods worth less than $800 to be shipped to the U.S. Alternatively, you may want to relocate – totally or in part – where your product is manufactured. without being subject to tariffs.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Shaman

JANUARY 31, 2022

Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. We started the conversation with sourcing. Focus on Cost.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Supply Chain Shaman

FEBRUARY 7, 2022

Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. We started the conversation with sourcing. Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

AUGUST 24, 2020

Phone calls to Europe or Asia were costly and of poor quality. Like a rocket ship traveling to Mars, a new press release popped into my email each day. IBM purchased Sterling Commerce. There is no network capable of connecting sourcing, logistics, manufacturing, and distribution together in the market today.

Supply Chain Network Software 342

Supply Chain Network Software Manufacturing Procurement Purchasing Skills Procurement Solutions 342

Jaggaer

AUGUST 18, 2020

From early on in the Covid-19 pandemic , and for pretty obvious reasons , procurement in healthcare and pharmaceuticals has been in the spotlight like never before. Some 48 active pharmaceutical ingredients (APIs) vital to the pharma supply chain are sourced from the central province of Hubei.

Pharmaceutical 98

Pharmaceutical Manufacturing Procurement Procurement Company 98

Oracle SCM

MARCH 3, 2020

Procurement professionals are now playing an increasingly strategic role within their organizations. Procurement of raw materials and components that go into the manufacturing process is essential to ensure final product quality and strong financial performance. The new procurement professional needs a broad set of skills.

Manufacturing Procurement 78

Manufacturing Procurement Procurement Analytics Negotiating Skills Procurement Solutions 78

The Logistics & Supply Chain Management Society

APRIL 26, 2022

by Martin You – Sales Director for Asia Pacific at E2open. As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

QAD

AUGUST 16, 2022

Unpredictability is undoubtedly the major issue manufacturers face when dealing with fragmented supply chains. As the supply chain breaks, manufacturers must find new suppliers and new transport routes and find them rapidly, so that production doesn’t come to a halt. So, how can manufacturers respond to these challenges?

Optimal Sourcing 98

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 98

Supply Chain Game Changer

DECEMBER 10, 2020

Product Sourcing Agent article and permission to publish here provided by Joyce Chen at Epic Sourcing. Your manufacturer is the backbone of your company; it regulates your inventory, which determines how consumers perceive and communicate with you. Sourcing agents are an effective way of finding the most suitable supplier.

Manufacturing Procurement 53

Manufacturing Procurement Sourcing Strategies Sourcing Negotiating Skills 53

Supply Chain Game Changer

JULY 2, 2021

Shipping container shortage article and permission to publish here provided by Sam White at Argentus. The massive global shipping squeeze. In their story about the shipping shortage, the CBC quoted shipping analyst Alan Murphy, who detailed how this changing demand has massively disrupted the global shipping market.

Shipping 105

Shipping Agile and Lean Supply Chain Supply and Demand Price Reduction 105

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. About 9% even had stopped offering free shipping to recover costs, while 7% held off on ordering peak inventory to see if prices would level off.

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

Logistics Viewpoints

AUGUST 17, 2021

With summer winding down, we take a look back at the major trends that occurred in ocean shipping in the first half of 2021 and reflect on what your organization can do to proactively prevent major supply chain disruption. In June, shipments were up by 32% and 33% for Asia and North America, respectively, compared to January 2021.

Los Angeles 199

Los Angeles Trends North America Long Beach 199

Logistics Viewpoints

DECEMBER 5, 2022

The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. Molex has more than 80 manufacturing facilities around the world supported by an 18,000 strong supplier eco-system that provide raw materials, electronic components, and services. The Molex Supply Chain. But they were very basic.

Agile and Lean Supply Chain 222

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 222

Logistics Viewpoints

MAY 6, 2022

Well, according to Czinger, a Los Angeles-based boutique hypercar manufacturer, that is about to be a possibility. Empty shipping containers stack up at US port depots. The company has faced sourcing constraints as a result of the war in Ukraine, causing the company to rely on second sourcing capabilities for its mustard procurement.

Logistics Network Optimization Software 241

Logistics Network Optimization Software Negotiating Skills Manufacturing Procurement Negotiate Pricing 241

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%. If you’re a business leader, why do you care about better math?

Optimal Sourcing 261

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 261

EC Sourcing Group

DECEMBER 17, 2018

If you sell a premium product, manufacturing quality issues can kill your image and your bottom line. Today I will share a fantastic success story from a strategic sourcing consultant who is friend of mine. The issue began when the producer received bottles with defects that prevented them from shipping the product.

Manufacturing Procurement 40

Manufacturing Procurement Negotiating Skills Negotiate Pricing Quality 40

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Sustainability is definitely coming of age in Asia. In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supply chain operations, will increase their revenue by 20 percent in 2025. As driving greater sustainability is a key factor in reducing risk.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

ToolsGroup

NOVEMBER 23, 2021

As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. In layman’s terms, COVID-19 demand changes hit manufacturers and retailers hard, and they had to drastically cut production and sales.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Procurement Material Savings 100

Logistics Viewpoints

SEPTEMBER 29, 2022

A centralized structure could provide standardization benefits that could deliver efficiencies through bulk purchasing, broader understanding of materials requirements, and more effective shipping practices. They identified a multimillion-dollar opportunity to reduce costs through more efficient shipping.

Supply Chain Transformation 262

Supply Chain Transformation Network Optimization Supply Chain Network Software Optimal Sourcing 262

Supply Chain Shaman

MARCH 21, 2022

” Corporations serve international markets, and the source of rare minerals (so critical for the evolution of the green supply chain) is primarily Asia. Others argue the demise of global sourcing; might I add caution? Still, the manufacturing plants and distribution centers are closed. My response is “Hogwash.”

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284