The Logistics of Logistics

MARCH 13, 2021

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Price Reduction Waste Reduction 130

Resilinc

FEBRUARY 7, 2023

automotive industry was battered in 2022, with its sales dropping about 8% from 2021 to 13.7 In this blog, we’ll take a look at the supply chain trends that shaped the automotive industry in 2022. In this blog, we’ll take a look at the supply chain trends that shaped the automotive industry in 2022. sales up by 2.5%

Automotive 62

Automotive Industrial Industry Manufacturing Procurement 62

BlueYonder

JANUARY 31, 2023

The following are the insights gained from my discussion with Salim Shaikh , who leads Blue Yonder’s Automotive Industry Strategy, during a recent Blue Yonder Live and webinars that we prepared for jointly. This is the exact word that used by Kelly Bysouth, the chief supply chain officer at International Automotive Components (IAC).

Automotive 91

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 91

BlueYonder

JANUARY 24, 2023

The following are the insights gained from my discussion with Salim Shaikh , who leads Blue Yonder’s Automotive Industry Strategy, during a recent Blue Yonder Live and webinars that we prepared for jointly. I have not seen that in the past 25 years being in the automotive industry. Can we get the supplies from an alternate source?

Automotive 72

Automotive Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 72

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. This means automotive parts and accessories businesses must start looking at changing their business model and will need technology to help support the change.

Supply Chain Design Software 105

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

QAD

MARCH 30, 2023

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. They don’t have an internal power source, so range and data storage is sacrificed to gain cost efficiency and lifespan. What is RFID Technology?

Manufacturing Procurement 98

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 98

SYSPRO Smarter ERP

DECEMBER 20, 2021

The automotive industry is in a perpetual state of change. The automotive industry sets some of the highest quality standards in manufacturing, driven by a need to ensure safety and a desire to control costs. What is traceability in the automotive industry?

Automotive 105

Automotive Supply Chain Design Software Manufacturing Procurement Industrial 105

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

BlueYonder

JUNE 6, 2022

Challenged by an incredible level of volatility, every participant in the automotive supply chain industry needs to precisely understand, and respond to, market demand. A full two years after the COVID-19 pandemic began to upend the world’s supply chains, the global automotive industry is still struggling to rebound.

Supply and Demand 52

Supply and Demand Demand Planning Automotive Supply Chain Planning Software 52

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 times a month’s sales, a low for the period since January 2019 included in the chart. The increase in energy prices is also important to monitor. Final Word.

Supply Chain Disruption 331

Supply Chain Disruption Manufacturing Procurement Supply Chain Purchasing Skills 331

Resilinc

JANUARY 19, 2022

Toyota’s competitive edge in supply chains was developed over a decade as it focused more on risk management and security of supply and less on efficiency and minimizing inventory costs. As reported in a recent Resilinc blog , supply chains for EV batteries and electric motors are also challenged by ethical sourcing concerns.

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Price Reduction Cost Reduction Strategies 62

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

ThroughPut

MAY 24, 2024

Managing inventory in a supply chain is complex due to issues like downtime, delays, and demand fluctuations. Multi-Echelon Inventory Optimization (MEIO) is the solution, offering a sophisticated approach to optimizing stock levels, reducing costs, and improving service. What is Multi-Echelon Inventory Optimization?

Optimal Sourcing 52

Optimal Sourcing Modeling Inventory Reduction Optimization Software 52

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 current share of indigenous to imported sourcing for the OEMs is approximately 40:60. Supply Chain Risk Mitigation. Segmentation.

Automotive 91

Automotive Modeling Supply Chain Planning Software Scenario Planning 91

Talking Logistics

MARCH 7, 2017

When you consider the increasing complexity of the automotive supply chain, collaboration continues to play an important role. Reasonable linking of various data sources (= intelligent integration) in order to have continuously-updated data with high significance and quality instead of fragmented and isolated information.

Automotive 103

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

BlueYonder

SEPTEMBER 13, 2022

The automotive sector has switched lanes into a new digital world, where the pace of change is also hurtling manufacturers into oncoming traffic in the form of geopolitical, economic and natural crises. As we await the next inevitable “Black Swan” event, automotive players have realized the need to be proactive, not just reactive.

Inventory Reduction 58

Inventory Reduction Cost Reduction Strategies Material Savings Price Reduction 58

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. Trey and the Amplio team believe that sourcing electronic components should be easy and predictable.

Manufacturing Procurement 184

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 184

Supply Chain Shaman

SEPTEMBER 28, 2022

Last week, after booking an additional $1B in unexpected supplier costs in the third quarter, the CFO led the company’s focus on restructuring to “support efficient and reliable sourcing of components and internal development of key technologies and capabilities.” Multi-tier inventory management by itself was not sufficient.

Manufacturing Procurement 195

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

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. One of the issues that automotive manufacturers encountered throughout the pandemic was absenteeism.

Manufacturing Procurement 52

Manufacturing Procurement Automotive Optimal Sourcing Manufacturing 52

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. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. We are raping the planet to make inventory to sell at a deep discount.

Supply Chain Planning Software 243

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

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. Lean cuts inventory out of the supply chain. This did adversely affect their financial results.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 219

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. Mid-Year Assessment.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

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

Supply Chain Game Changer

SEPTEMBER 21, 2021

Most of the pre-pandemic Inventory Management strategies were centred around improving inventory turnover, keeping inventory levels as low as possible, and reducing the amount of cash tied up in inventory. What should our post pandemic inventory priorities be? Pre Pandemic Inventory Management Priorities.

Inventory Reduction 52

Inventory Reduction Inventory Material Savings Modeling 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. Inventory Management Suite.

Inventory Management Software 62

Inventory Management Software Inventory Management Inventory Reduction Procurement Solutions 62

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

Stord

APRIL 11, 2022

The out-of-stock sticker shock we experienced in the past few years is forcing retailers to take a hard look at how they plan inventory. Why Has Inventory Been so Hard to Come By? Near the start of the pandemic, the inventory-to-sales ratio in the U.S. This approach would have an inventory-to-sales ratio of close to 1.0.

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

Supply Chain Game Changer

NOVEMBER 2, 2022

The software allows them to track shipments, monitor inventory levels, and understand where money is being spent. Retailers have been using supply chain risk management software for years to keep track of their inventory, but the technology is now being used in new ways to help them manage risk and stay competitive. Automotive.

Supply Chain Planning Software 96

Supply Chain Planning Software Risk Management Supply Chain Software Predictive Analytics Software 96

Logility

MARCH 16, 2023

Higher interest rates and materials prices are increasing the costs of carrying inventory. And rapid shifts in market demand always leave someone holding excess inventory. This is where we must venture outside our own databases and see what clues we can gather from various corporate and government sources.

Network Design Software 130

Network Design Software Network Design Supply Chain Design Network Optimization 130

Logistics Viewpoints

SEPTEMBER 4, 2024

From raw material sourcing to end-of-life disposal, each step is recorded securely on a distributed ledger. The automotive, textile, and electronics industries are already exploring pilot programs to integrate blockchain into their supply chains.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Modeling Software 264

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

Logistics Viewpoints

SEPTEMBER 19, 2022

Chris Castle, the vice president of product management at Nulogy, said that collaboration in the consumer goods industry was more even handed than in industries like automotive. In automotive, the OEM says “jump” and the suppliers asks “how high?”.

Supply Chain Design Software 168

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Network Software 168

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

Supply Chain Matters

OCTOBER 28, 2024

We predicted that “ direct materials sourcing strategies will continue to include needs for future growth markets for products and services along with business supply network sustainability needs from either a business resiliency or sustainability commitment lens. supply chain activity. This shift is marked by a decline in direct U.S.

Predictive Analytics Software 59

Predictive Analytics Software Manufacturing Procurement Cost Reduction Strategies Agile and Lean Supply Chain 59

The Logistics & Supply Chain Management Society

NOVEMBER 25, 2023

One of the most valuable lessons from trade disruptions is the importance of diversifying sourcing locations. To safeguard against such risks, companies must explore multiple sourcing options. Additionally, maintaining inventory buffers safeguards against sudden demand spikes or supply shortages.

Sourcing Strategies 130

Sourcing Strategies Material Savings Inventory Reduction United Arab Emirates 130

Supply Chain Game Changer

OCTOBER 6, 2022

I am a proponent of dual sourcing. The vulnerabilities with sole sourcing are very real. The concept of only bringing in inventory on demand is very compelling when inventories are considered costly, wasteful and cash drains. The automotive industry is renowned for having the envious Just-in-time business model at work.

Supply Chain Design Software 86

Supply Chain Design Software Manufacturing Procurement Modeling Supply Chain Design 86

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. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207