Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. A decrease in the compliance rate results in an increase in indirect procurement or maverick spending.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

QAD

MARCH 12, 2019

We have a lot in store for you and your colleagues, so please consider this roadmap of key attractions and pit stops for this year’s automotive sessions at QAD Explore 2019. Procure to Pay – A Day in the Life. The post Key Automotive Attractions and Pit Stops at Explore 2019 appeared first on QAD Blog.

Automotive 110

Automotive Manufacturing Procurement Pricing Training Procurement Solutions 110

Talking Logistics

MARCH 7, 2017

When you consider the increasing complexity of the automotive supply chain, collaboration continues to play an important role. It’s about creating a common cross-company basis that integrates all participants on a procurement or distribution level. Digitalization along the supply chain allows for smooth interaction of all participants.

Automotive 103

Automotive Supply Chain Planning Software Manufacturing Procurement Supply Chain Network Software 103

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

BlueYonder

OCTOBER 1, 2022

I just returned from the Automotive Logistics and Supply Chain Conference in Detroit. The automotive industry is a complex ecosystem comprised of dealers, original equipment manufacturers (OEMs), multiple tiers of suppliers, and third-party logistics providers (3PLs). I look forward to seeing you at next year’s conference!

Automotive 52

Automotive Cost Reduction Strategies Inventory Reduction Material Savings 52

Supply Chain Shaman

SEPTEMBER 28, 2022

In this volatile world, efficient procurement led by a CFO is not the answer. Ford, historically has been an industry laggard in the automotive sector and, with this focus, will continue to be a laggard in the future. Results in the Automotive Industry for the period of 2012-2021. What is the issue? So, you might ask, why?

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

The Logistics of Logistics

JANUARY 13, 2023

Earlier in his career, Trey was part of the Flexport Atlanta founding team and led Kuehne + Nagel’s account management group where he helped design and operate automotive, high tech, and industrial manufacturing supply chain solutions. Streamline procurement. About Amplio. Key Takeaways: The Amplio Story.

Manufacturing Procurement 184

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 184

Synovos

AUGUST 9, 2023

RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit WARRINGTON, UK / RADNOR, PA 8 AUGUST 2023 – Costanza Campi, Senior Vice President of Global Procurement for RS Integrated Supply, has been selected to present at the upcoming World Procurement Excellence Summit in Cologne, Germany.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing 52

The Network Effect

JULY 31, 2015

In my last three posts, I talked about order aggregation , new inventory replenishment policies and why a network model makes so much sense. This transaction is represented by the “procure to pay” cycle. The post What is an ASN and why is it so important to the automotive supply chain?

Automotive 100

Automotive Manufacturing Procurement Procurement Solutions Supply Chain Software 100

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

The Network Effect

AUGUST 21, 2015

In my last four posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , and the all important ASN. “The real key is that in addition to optimizing transportation and logistics costs, we also want full inventory visibility and control.”

Automotive 100

Automotive Optimal Sourcing Logistics Network Optimization Software Supply Chain Optimization 100

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

The Logistics of Logistics

MAY 26, 2023

ALOM operates out of 19 global locations to support its Fortune 500 customers in the technology, automotive, life sciences, and regulated industry sectors. About Hannah Kain Hannah Kain is President and CEO of ALOM, a supply chain company she founded in 1997.

Supply Chain Design Software 207

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 207

Jaggaer

OCTOBER 24, 2024

Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, Chief Procurement Officers are increasingly turning to supplier collaboration as a cornerstone of cost reduction. By contrast, collaborative procurement strategies focus on creating mutually beneficial partnerships.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Material Savings Negotiate Pricing 52

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

15% decrease in inventory. With Blue Yonder capabilities, Mahindra & Mahindra Spares Business Unit (M&M SBU) now has greater visibility regarding demand, inventory, supply and distribution plans and are able to make more accurate and timely supply chain decisions. 10% increase in both forecast accuracy and revenue. Challenges.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Forecasting Software Modeling 179

DELMIA Quintiq

NOVEMBER 17, 2020

From raw material procurement to final product sales, these supply chains’ ability to minimize inventory through product life cycle controls and facilitate prompt product supply is every bit as important as product differentiation strategies. The establishment of efficient global supply chains has become critical to competitiveness.

Optimal Sourcing 296

Optimal Sourcing Manufacturing Procurement Supply Chain Optimization Supply Chain Planning Software 296

Jaggaer

OCTOBER 24, 2024

Take supplier collaboration in the automotive industry, for example. In the retail sector, collaboration with suppliers can provide retailers with real-time information about inventory levels, enabling them to respond quickly to changes in consumer demand.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Reduction Material Savings 52

QAD

JUNE 23, 2022

With each podcast episode, we talk with automotive industry experts about a range of insightful topics, all focused squarely on the global automotive supply chain and its challenges. I am proud to co-host the Auto Supply Chain Prophets podcast with Quistem Founder and President Cathy Fisher. Here’s a wrap-up of the latest episodes.

Manufacturing Procurement 95

Manufacturing Procurement Supply Chain Software Agile and Lean Supply Chain Supply Chain Optimization 95

SCMDOJO

APRIL 22, 2022

Outsourcing takes place in every service, so much so that the retailers or businesses are not aware from whom a specific part of the product is procured. The tokenization system will also improvise how inventories are managed in the supply chain. Streamlining Procurement Operations. You can find more about procurement here.

Supply Chain Planning Software 137

Supply Chain Planning Software Pharmaceutical Supply Chain Software Supply Chain Planning 137

RFgen

APRIL 20, 2023

OVERVIEW: Overview of Mobile Inventory Solutions What Problems Does Mobile Inventory Solve? With the growing reliance on digital technologies and reliable data, Oracle Fusion Cloud SCM has emerged as a powerful platform, enabling organizations to optimize their inventory control practices.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

QAD

JUNE 8, 2021

The good news is, according to an April 2021 survey conducted by Automotive News Research & Data Center , 42% of automakers and parts suppliers say they will change the way they manage supply chain risk due to the current global shortage of microchips. Insufficient inventory visibility throughout the supply chain.

Supply Chain Software 98

Supply Chain Software Automotive Demand Planning Software Forecasting Software 98

Supply Chain Shaman

JUNE 29, 2022

The automotive industries–with the poorest capabilities to plan and manage suppliers–will suffer the most. In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. Focus on right-sizing inventories.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

Resilinc

JULY 26, 2022

For supply chain managers charged with semiconductor procurement, this statement from TSMC CEO CC Wei may be of the more direct interest. in revenue growth over Q2 2021, TSMC acknowledged that a portion of its extraordinary growth arose from customers stockpiling large inventories. While reporting 76% YOY growth in profit and 43.5%

Manufacturing Procurement 62

Manufacturing Procurement Gartner Inventory Reduction Price Reduction 62

QAD

JULY 8, 2021

In our blog last month, we discussed how the automotive industry must learn this time from yet another semiconductor shortage by improving management of essential supply chain processes or we will find ourselves in another shortage crisis. Do you have a customer inventory policy for long lead time and critical parts?

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 98

Exiger Perspectives

SEPTEMBER 10, 2024

This wealth of data is critical for achieving supply chain resilience , helping organizations navigate larger and more complex supply chains along with challenges that range from procurement risks and global regulations to sustainability demands. The challenge, however, is finding the right data to help fortify and optimize supply chains.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Software Supply Chain Optimization Optimal Sourcing 52

SYSPRO Smarter ERP

DECEMBER 11, 2023

Inventory management and supply chain Managing inventory efficiently is key to reducing costs and improving profitability. An ERP system provides real-time, detailed visibility into key inventory control and supply chain management measures.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

Supply Chain Shaman

SEPTEMBER 22, 2021

This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). The supply chain investments of the last decade focused on improving black & white processes–order-to-cash and procure-to-pay. The solution was too black box.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

Supply Chain Matters

JULY 11, 2023

The Supply Chain Matters blog highlights Rivian Automotive’s reported operational performance in the latest quarter, but at the same time continued challenges in the months to come. We have to add that the automotive sector as a whole is now benefiting from an easing of prior key component shortages, especially semiconductor devices.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Procurement Analytics Inventory Reduction 52

Resilinc

JANUARY 25, 2021

Resilinc’s EventWatch AI began alerting customers in October about a likely chip shortage and the impact it would have across the high-tech and automotive industries over the coming months. Companies usually factor in the New Year holidays by pre-ordering inventory from companies based in China, Taiwan, and other Asian countries.

Automotive 62

Automotive Manufacturing Procurement Industrial Industry 62

Logistics Viewpoints

DECEMBER 5, 2022

Those industries include data communications, medical, industrial, automotive and consumer electronics. Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. Keys to Success.

Agile and Lean Supply Chain 221

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 221

BlueYonder

FEBRUARY 14, 2023

Adding to that are component shortages from the automotive industry and industrial manufacturing. Sunil: The bills-of-materials have to be managed, re-managed, and updated on a regular basis, which from both a master data and a procurement perspective is difficult. There are some inventories that do not move or move as fast.

Manufacturing Procurement 135

Manufacturing Procurement Material Savings Inventory Reduction Cost Reduction Strategies 135

QAD

SEPTEMBER 3, 2020

This is unlike the scenario where manufacturers rely on manually intensive efforts to exchange procurement information or the case where supply information resides within multiple disparate systems across the manufacturer and supplier. Reduced inventory by 25% and eliminated shortage and overage problems. Supply Risks.

Supplier Management 89

Supplier Management Manufacturing Procurement Inventory Reduction Cost Reduction Strategies 89

Jaggaer

OCTOBER 24, 2024

This resilience can be defined as “ the ability of a central procurement and supply management function to prepare for unexpected events, respond to disruptions, recover, and emerge even stronger. ” Manufacturers cannot foresee every risk, inconvenience, or disaster, but they can equip themselves to handle the unexpected and come out on top.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Supply Chain Planning Software 52

QAD

FEBRUARY 20, 2024

From the automotive industry with both OEMs and Tier 1 suppliers, through to packaging companies supplying the CPG industry. Then there is the procurement of replacement materials / inventory. From my recent conversations with companies one topic is becoming increasingly prevalent — stock loss.

Manufacturing Procurement 98

Manufacturing Procurement How To Material Savings Supply Chain Design Software 98

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

The automotive industries–with the poorest capabilities to plan and manage suppliers–will suffer the most. In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. Focus on right-sizing inventories.

Supply Chain Design Software 130

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

Supply Chain Matters

SEPTEMBER 23, 2022

In recent Supply Chain Matters commentaries focused on automotive industry supply networks, we have focused on how the ongoing global wide shortage of semiconductor logic devices continues to provide noteworthy manufacturing, supply chain as well as financial impacts. Background. Broader Industry Perspectives.

Cost Reduction Strategies 59

Cost Reduction Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Planning Software 59