Logistics Viewpoints

AUGUST 1, 2024

In this scenario, by adopting an adaptive supply chain, the retailer uses real-time data analytics to identify emerging trends and collaborate closely with suppliers to quickly adjust production and inventory levels to meet customer demand. This collaboration enables faster response times and cost savings.

Modeling 277

Modeling Network Optimization Supply Chain Design Software Material Savings 277

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. Resolving these challenges requires a dynamic, iterative approach.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Material Savings Negotiate Pricing 52

SYSPRO Smarter ERP

SEPTEMBER 29, 2021

At the beginning of 2020, the global market for automotive parts and accessories had enjoyed several years of high margins and steady growth in a stable environment. It was valued at $390 billion, according to a report. The new normal for automotive. The pandemic has introduced new factors into the automotive market.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Automotive Material Savings 105

Supply Chain Shaman

SEPTEMBER 5, 2022

The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. These teams are also more advanced in the use of planning and more advanced analytics concepts. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. My take away?

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

Logistics Viewpoints

AUGUST 18, 2021

Supply shortages, low inventory to sales ratios, and hiring lags are noted as factors at play. Data as recent as the end of June 2021 show that inventories remain below 1.3 However, the CPI report did state, “ the index for used cars and trucks rose 0.2 Used cars and trucks were up 41.7%. I question if this is a data anomaly.

Supply Chain Disruption 331

Supply Chain Disruption Manufacturing Procurement Supply Chain Purchasing Skills 331

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

Unleashed

NOVEMBER 16, 2022

The Manufacturers Health Check report shows SMEs in the UK, New Zealand and Australia were forced to hold record levels of stock in Q3 2022 – a response to billowing international lead times. We did this by analysing four key metrics: The average value of total stock on hand – reflecting the volume of goods held (plus impacts from inflation).

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Inventory 52

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

QAD

OCTOBER 22, 2024

The automotive industry is grappling with many challenges as it transitions to electric vehicles (EVs), while simultaneously navigating volatile production schedules, tightening regulatory compliance, and placing rising pressures on supplier relationships.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 52

Logistics Viewpoints

OCTOBER 31, 2022

ZF is a Tier 1 supplier to the automotive industry. While most of their sales are to automotive OEMs, they also sell components that go into other products – trucks and busses, wind turbines, tractors, construction equipment, etc. ZF transforms those purchased products into over 2,000 products. But more work remains to be done.

Agile and Lean Supply Chain 218

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 218

QAD

NOVEMBER 12, 2019

A Google search on where experts see the automotive industry going reveals one key takeaway: no one knows exactly where it’s headed. FCA Partners with Mazda to Split New Roadster’s Costs 50/50 ( Learn more ). And just as OEM auto manufacturers are partnering to get ahead, automotive suppliers are doing the same.

Automotive 111

Automotive Cost Reduction Strategies Inventory Reduction Manufacturing Procurement 111

BlueYonder

MAY 18, 2020

Automotive and industrial manufacturing plants are being shuttered around the world, which has affected not just the OEMs but also their Tier 1, Tier 2, and Tier 3 suppliers. The post How COVID-19 is Transforming Automotive and Industrial Supply Chains appeared first on Supply Chain Nation Blog. Scenario Planning. Segmentation.

Automotive 94

Automotive Modeling Supply Chain Planning Software Scenario Planning 94

Supply Chain Shaman

JANUARY 2, 2023

Models Matter. In implementing planning, most of the focus in purchasing technology in the sales cycle is on optimization. These role-based views can be consumed into a demand visibility signal and used in the respective applications within transportation and procurement.) Let me explain. Constraints will never go away.

Supply and Demand 376

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 376

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

SYSPRO Smarter ERP

DECEMBER 11, 2023

It can track, manage and report the book value and depreciation of fixed assets. For period-end, companies can close the books quicker and report financials accurately. Reporting and analytics An ERP system integrates information across the entire business which means that operational and financial data is consolidated in one place.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

The Network Effect

SEPTEMBER 10, 2015

In earlier posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , and the all important ASN. The generation, verification, tracking and reconciliation of Cums is a standard requirement for Automotive Tier 1 suppliers. appeared first on The Network Effect.

Automotive 100

Automotive Modeling Supply Chain Network Software Modeling Software 100

Logistics Viewpoints

SEPTEMBER 19, 2022

MSCN solutions provide supply chain visibility, network-based applications, and network analytics across an extended supply chain. MSCN solutions have distinctive advantages when it comes to supplier onboarding, communication, partner management, and being able to provide unique analytics.

Supply Chain Design Software 167

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Network Software 167

USC Consulting Group

DECEMBER 15, 2020

It’s been a bumpy ride for the automotive industry this past year. Back in November and December when the economy was running full speed ahead, automotive manufacturers had high expectations for robust sales activity in 2020. In 2019, for example, 11% of motor vehicles available for purchase were 2020 models.

Manufacturing Procurement 52

Manufacturing Procurement Automotive Optimal Sourcing Manufacturing 52

RFgen

MARCH 3, 2021

Mobile inventory solutions for D365 boost data accuracy, increase workflow efficiency and support digital transformation with barcode software. RFgen’s D365 offering includes open source app suites across purchasing and receiving, sales and shipping, inventory management, and inquiry and reports. Purchase Order Receiving.

Inventory Management Software 60

Inventory Management Software Inventory Management Inventory Reduction Procurement Solutions 60

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. Rivian will be reporting its Q2 financial results after the stock market close of business on August 8 th. billion as compared to $4.7

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Procurement Analytics Inventory Reduction 52

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

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

OCTOBER 11, 2022

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, from shared services to real-time data and flexible data analytics, Effective Enterprise Management ensures that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 98

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

QAD

OCTOBER 5, 2021

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, from shared services to real-time data and flexible data analytics, Effective Enterprise Management ensures that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 98

GlobalTranz

APRIL 6, 2021

But the rapid shift from retail to online purchasing for staples and the surge for protective equipment, as well as unanticipated products like bread makers and home-schooling items, left many retailers flatfooted. The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices. Overall, U.S.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

RFgen

MARCH 3, 2021

Mobile inventory solutions for Dynamics 365 Supply Chain Management boost data accuracy, increase workflow efficiency and support digital transformation with barcode software. Mobile inventory solutions for Microsoft Dynamics 365 Supply Chain Management help you get the most out of your ERP. Microsoft Mobile Inventory Case Study.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Inventory Management Inventory Reduction 52

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. In the case of semiconductors, lead time was reported anywhere from 22 to 26 weeks.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 98

Supply Chain Matters

SEPTEMBER 23, 2022

Supply Chain Matters highlights this week’s news related to Ford Motor in having to warn investors of an unanticipated $1 billion in added quarterly supply chain costs. Implied is that these vehicles will remain as factory inventory until needed components arrive and customer or dealer orders can then be fulfilled. Background.

Cost Reduction Strategies 59

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

Unleashed

MAY 28, 2023

How you evaluate inventory can have major implications on your profitability. But in some countries, only one inventory valuation strategy is permitted by law. Join us as we break each inventory valuation method down and uncover the most important differences between FIFO vs LIFO. Check out our Inventory Accounting Guide.

Purchasing Skills 52

Purchasing Skills Inventory Reduction Price Reduction Material Savings 52

Logistics Viewpoints

FEBRUARY 7, 2022

this also means that warehouses can carry less physical inventory but potentially more stock keeping units (SKUs). More SKUs available from local warehouses could also mean quicker replenishment cycles parts that are purchased infrequently. In an article last year, it was reported that the time it takes to print things has decreased.

Manufacturing Procurement 243

Manufacturing Procurement Supply Chain Design Software Purchasing Skills Supply Chain Software 243

Supply Chain Shaman

JUNE 14, 2018

Today, over 90% of companies have deployed ERP and APS, but as shown in Table 1, inventory levels have grown not decreased in over 80% of industries studied. And, while inventories in automotive have decreased slightly, this progress is primarily due to the shifting of inventory back to suppliers versus overall value chain improvement.

Optimal Sourcing 173

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 173

The Logistics & Supply Chain Management Society

JULY 20, 2020

fashion, automotive, spare parts, airlines). Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Predictive analytics will quicken demand response and involve product-use insights to improve accuracy against external factors affecting demand (e.g.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

EC Sourcing Group

MAY 17, 2022

Your supply chain is the backbone of your business, no matter what role you play in purchasing and procurement. For example, there are many supply chain vulnerabilities due to the chip shortage in the automotive industry. This automotive chip supply chain shortage adversely affected the supply chain for auto semiconductors.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Optimization Supply Chain Software 52

Enterra Insights

JUNE 24, 2022

Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.”

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

Unleashed

FEBRUARY 13, 2020

Product recalls are commonplace and are to be expected in many mass-inventory industries such as in the automotive, pharmaceutical and food industries. Inventory management software is a must-have to ensure timely action. A user can view a report that, for example, filters inventory based on expiry dates.

Inventory Management Software 52

Inventory Management Software Procurement Solutions Supply Chain Software Inventory Reduction 52

Enterra Insights

OCTOBER 21, 2021

Often, retailers consider a product’s supply chain to be complete the moment that it is purchased or received by a consumer. Because the digital path to purchase can easily be abandoned, retailers understand that a good returns policy can be a competitive differentiator. But this isn’t always the case. ”[3]. ”[3].

Reverse Logistics 130

Reverse Logistics Cost Reduction Strategies Material Savings Manufacturing Procurement 130