Resilinc

FEBRUARY 7, 2023

automotive industry was battered in 2022, with its sales dropping about 8% from 2021 to 13.7 YOY in 2022, a metric due partly to its robust sales of mid-size pickups, according to CNBC. In this blog, we’ll take a look at the supply chain trends that shaped the automotive industry in 2022. GM was an exception with U.S.

Automotive 62

Automotive Industry Industrial Manufacturing Procurement 62

The Logistics & Supply Chain Management Society

MAY 28, 2022

Key to this is the ability to create a more resilient supply chain through expansion and diversification of supplier base; employee training and development; stronger, more transparent key supplier relationships; carrier base expansion and diversification and increasing local sourcing and manufacturing. Utilise powerful software solutions.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

Supply Chain Shaman

JUNE 15, 2018

The field of supply chain management–combining source, make and deliver–into a common process started in 1982. Figure 1: Supply Chain Metrics Are a Balancing Act. The metrics shown in Figure 1 are difficult to improve together. Most companies improve singular metrics but are not able to drive portfolio.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

ToolsGroup

APRIL 1, 2022

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Source: Consultancy.UK. Image source: Fortune. Consultancy UK).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

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. There must be a clearly defined data source with a standardized process for collecting and measuring that data. The Basics of Procurement KPIs.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Supply Chain Insights

JULY 26, 2016

The source data for the analysis is public reporting of balance sheets and income statements. Check out their performance by plotting year-over-year metrics at the intersection of two ratios and look at the patterns. In the analysis of the Supply Chains to Admire, we use PTBV as a proxy metric of value.

Pharmaceutical 110

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 110

Supply Chain Shaman

OCTOBER 6, 2013

It senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time latency to align sell, deliver, make and sourcing functions. When this happens, there is greater balance between metric trade-offs and resiliency in year-over-year improvements in corporate performance.

Supply Chain Network Software 225

Supply Chain Network Software Course Supply and Demand Supply Chain Design Software 225

QAD

AUGUST 12, 2021

We will see the continued adoption of a wide range of sustainability efforts across manufacturing verticals, from automotive to food and beverage to life sciences. In other examples, you’ll find ERP provides the necessary insights and metrics, like OEE , to enhance production execution. Sustainability Objectives for Manufacturers.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. This outside-in orientation needs a definition to make it actionable.

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Supply Chain Game Changer

NOVEMBER 2, 2022

Supply chain risk management software helps retailers monitor their inventory levels, product prices, sales volume, shipping costs, and other important metrics on a daily basis so they can make smart decisions about inventory levels and pricing strategies before something goes wrong with either one of those things happening. Automotive.

Supply Chain Planning Software 96

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

QAD

OCTOBER 18, 2022

Am I contributing to society by buying an environmentally sourced and produced product to have a greener planet? Industry guidelines like the Automotive Sustainability Practical Guidance from AIAG also play a role as companies add yet another item to their business agenda – social and environmental responsibility compliance.

Gartner 98

Gartner Optimal Sourcing Alabama Metrics 98

Supply Chain Shaman

MARCH 15, 2016

The company is a B2B Supply Chain Operating Network supporting the automotive and aerospace industries. In our research, discrete industries–aerospace, automotive, hi-tech, and semiconductor– rate themselves as performing better, being more proactive, and having greater alignment. My time on the European continent is busy.

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

RFgen

DECEMBER 4, 2024

In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. We’ll examine the key components of efficient supply chains, explore essential performance metrics, and uncover the fundamental drivers that influence efficiency.

Sourcing Strategies 73

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 73

Supply Chain Shaman

JANUARY 2, 2023

With the evolution of NoSQL–Graph and Cognitive Ontological learning–models can now manage multiple data sources as inputs while driving a forecast to multiple roles simultaneously in role-based views. The root issue is functional metrics. Consider the data from LKQ (an automotive aftermarket parts supplier) in Table 1.

Supply and Demand 373

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 373

ivalua

NOVEMBER 26, 2019

Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. Global automotive component supplier Meritor is a great example. Think that such types of strategic value apply only to direct materials?

Optimal Sourcing 100

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 100

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. Moreover, products can be shipped to stores in-time then lost sales is minimal.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Supply Chain Shaman

NOVEMBER 29, 2015

Hadoop is an open-source software framework written in Java for distributed storage and processing of large data sets on computer clusters. In contrast, it took the average chemical company or automotive supplier five-to-eight months. Doug named the software after his son’s favorite pet elephant shown here.)

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

Precoro

OCTOBER 10, 2022

Keep reading to learn in detail about the top 13 most crucial procurement metrics, how to track them, and what to focus on to drive the most value to your company. Optimize organizational spending, time, and sourcing of goods or services. An inventory aging report provides key metrics on how quickly your inventory moves.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

QAD

MARCH 9, 2023

Automotive and industrial product companies were among the hardest hit. That means looking at the right metrics. These two types of KPIs are complementary and “will empower a practitioner to visualize the profitability impact of a supply chain decision regarding production, distribution and sourcing.”

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 98

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. Digitization is Your Friend. Think Beyond Best-in-Class.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

Kinaxis

FEBRUARY 8, 2017

As defined by the source of all knowledge, Wikipedia, “glocalization is the adaptation of globally marketed products and services to local markets.” Decentralized authority, which can accompany regionalization, results in each location working toward its own goals and objectives, instead of focusing on company-wide metrics and KPIs.

Supply Chain Planning Software 100

Supply Chain Planning Software Modeling Supply Chain Planning Supply Chain Optimization 100

Supply Chain Shaman

DECEMBER 17, 2018

The Company also has franchised aftermarket services in automotive repair shops, retail outlets, and everything in between. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. Shell’s goal is to provide a variety of products to enable usage in multiple applications.

Demand Planning Software 255

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 255

Supply Chain Shaman

SEPTEMBER 27, 2015

The manufacturers sourced the peanut butter primarily on cost. In a briefing last month with SupplyOn (a value network in the automotive industry), I saw progress on the tracking of serial codes and quality information in the automotive industry. It was not adequate. Should the story stop there? I don’t think so.

Pharmaceutical 150

Pharmaceutical Supply and Demand Food Manufacturing Procurement 150

BlueYonder

APRIL 13, 2023

This has led to the nearshoring redesign of supply network and manufacturers trying to figure out, “Where do I need to put my inventory” and “How do I think about sourcing of material and goods so that I can fulfill to my customers?” Terence: So, it’s about improving these metrics and business performance simultaneously.

Manufacturing Procurement 97

Manufacturing Procurement Inventory Reduction Optimal Sourcing Cost Reduction Strategies 97

Elementum

MAY 1, 2018

Potential Sources of Disruption. Identifying sources of risk and developing a plan are only part of the story. Establish appropriate metrics that correspond with the steps outlined in your contingency plan. What alternative plants/factories/sources of supply do they have at their disposal? Cyberattack and data breach.

Pharmaceutical 94

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 94

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

QAD

NOVEMBER 18, 2021

For example, in some areas where we have a single-source supplier, we’ve had to increase collaboration with that partner and better understand their risk mitigation strategies. In other areas, we’ve had to establish dual-sourcing strategies in order to reduce dependency on a single geographical location.”.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Network Software Resource Reduction Analytics Software 98

IQMS

JULY 2, 2018

Manufacturers in the high-performance cohort captured in our latest survey are using real-time monitoring to aggregate metrics and gain a 360-degree view of manufacturing operations accessible from any mobile or handheld device. Source: Capgemini Internet of Things (IoT) study, Unlocking the business value of IoT in operations.

Manufacturing Procurement 71

Manufacturing Procurement Optimal Sourcing Manufacturing Inventory Reduction 71

BlueYonder

DECEMBER 11, 2014

When these localized units break down or need replacing, having in-market replacement parts like automotive headlamps to provide the heat for the incubator or a motorcycle battery as an alternate power supply, allow for quick and easy maintenance. It’s an example of inventiveness amplifying the value stream.

Supply Chain Design Software 94

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Design 94

Supply Chain Shaman

AUGUST 26, 2015

As we traced the process that could exist using channel data, the conversation changed… DuPont served two primary markets–automotive and the building industry. Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

BlueYonder

APRIL 24, 2023

One of the greatest benefits of today’s advanced digital solutions is their ability to ingest enormous volumes of data from across the supply chain — as well as from external sources — and apply those insights to course-correct the entire network as conditions change.

Optimal Sourcing 97

Optimal Sourcing Modeling Optimization Software Supply Chain Optimization 97

Arkieva

AUGUST 8, 2016

Source: Commerce Dept. Source: SupplyChainDigest. Source: Supply Chain Shaman. For automotive giant General Motors, it meant production of some of its models in the U.S. Source: EBN. Source: Arkieva Supply Chain Blog. Source: Arkieva Supply Chain Blog. Source: SupplyChainDigest.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Supply Chain Movement

OCTOBER 31, 2016

Unfortunately, we find most companies are moving backwards on the Supply Chain Metrics That Matter (growth, operating margin, inventory turns and Return on Invested Capital) or are making progress on singular metrics instead of driving performance improvement on a balanced portfolio of supply chain metrics that correlate to market capitalization.

Pharmaceutical 60

Pharmaceutical Supply Chain Planning Supply Chain Strategy Supply Chain Design 60

Jaggaer

OCTOBER 24, 2024

Following widely-known standards keeps your vendor options open so you’re not locked into sourcing from a small pool of specialty suppliers that can negatively impact time to market. That makes agility a foundational part of your manufacturing strategy. However, a world-class provider can guide your organization on a journey of improvement.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Supply Chain Planning Software 52

3PL Insights

MAY 3, 2021

Evans365 accesses and analyzes data sets from Evans’ warehouse management system and other data sources and presents findings graphically. We will continue to improve evans365 by integrating additional data sources and providing even more valuable metrics,” Evans says. This is only the beginning.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Tools Distribution 52

Supply Chain Shaman

OCTOBER 8, 2017

Surprising demand in automotive for car replacement. ” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” The impact of the multiple hurricanes this season differ by commodity. What are they seeing? Higher spikes for lumber and building supplies.

Supply and Demand 157

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 157

Material Handling & Logistics

JUNE 25, 2018

So the CSR score too is more of a popularity contest than a consistent metric. One thing to keep in mind about who qualifies for consideration is that only big public companies are included in the rankings, and by “big” we mean they need to have sales of $12 billion or more. Media Image. transactionID. 1a56a7e8-24e3-47af-b890-46fa1a7073fd.

Gartner 81

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 81