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. This way they gain more room to maneuver, make better decisions and plan more precisely.

Automotive 118

Automotive Supply Chain Planning Software Manufacturing Procurement Supply Chain Network Software 118

ivalua

JANUARY 29, 2020

Or the automotive firms, who watched Tesla with the condescending view that electric cars would just be a fad, until they also realised the true potential. What does this mean for procurement and supplier management? That’s not something many procurement professionals traditionally consider. .

Negotiating Skills 164

Negotiating Skills Negotiate Pricing Optimal Sourcing Procurement 164

QAD

MAY 21, 2024

Three Key Observations From Carrie Uhl Supply Chain Fundamentals Transcend Industries: While manufacturing processes and technologies may differ between life sciences and automotive, the core principles of supply chain management remain consistent across both industries.

Automotive 98

Automotive Supply Chain Planning Software Supply Chain Software Supply Chain Planning 98

Logistics Viewpoints

FEBRUARY 11, 2021

In a recent survey by Procurement Leaders , 54% of the CPOs reported that they have regular touchpoints with the CEO and are considered a key stakeholder. The automotive industry is increasingly coalescing towards a regional hub and spoke model. The CPO and CSCO have stepped up to the challenges brought forth by COVID-19.

Manufacturing Procurement 271

Manufacturing Procurement Sourcing Strategies Pharmaceutical Procurement Solutions 271

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

The Logistics of Logistics

OCTOBER 30, 2023

With LeanDNA, manufacturers in industries that include aerospace, industrial, automotive, and medical know they will get the right part in the right place at the right time. LeanDNA is a cloud-based supply chain execution platform that helps discrete manufacturers digitally transform their procurement operations.

Optimal Sourcing 278

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 278

BlueYonder

OCTOBER 30, 2023

The automotive industry has shown itself to be brave in recent times, in all areas but one: the supply chain. In order for logistics, procurement and distribution to align with the general advancements of the industry itself, these critical areas must give in to a more comprehensive transformation.

Automotive 111

Automotive Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Planning Software 111

QAD

MARCH 11, 2025

Insights from a Former Procurement Manager People often ask me why I left FORVIA, a French global automotive supplier, to join QAD. As organizations strive to remain competitive, the need for efficient procurement processes has never been more critical.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Procurement Solutions 52

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. Access diverse sources of supply.

Manufacturing Procurement 239

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 239

BlueYonder

OCTOBER 6, 2023

” – Sir Winston Churchill Having just returned from the 2023 Automotive Logistics and Supply Chain Global conference in Detroit, these words are very fitting to encapsulate the essence of the event. The automotive industry faces fierce competition in attracting and retaining top talent. “Never let a good crisis go to waste.”

Waste Reduction 98

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 98

The Network Effect

JULY 31, 2015

This transaction is represented by the “procure to pay” cycle. Thus at any point in the “procure to pay transaction cycle”, whether it be sending the PO, acknowledging receipt, committing the order, creating the ASN, order pick up, order in transit, order scheduled to factory, order delivery etc.,

Automotive 100

Automotive Manufacturing Procurement Procurement Solutions Supply Chain Software 100

ivalua

DECEMBER 14, 2020

In a recent webinar, “ How to Leverage S2P Platforms to Enable Supply Chain Resilience ,” procurement experts from Forrester, Ivalua and Procurement Leaders discussed how digital transformation and the technologies that enable it can help companies mitigate risk and be more agile and resilient.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Optimization Software 130

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

Logistics Viewpoints

AUGUST 13, 2024

Industry applications are currently found in electronics and automotive, and this is expected to evolve swiftly. A scenario where procurement and consumers directly order a product from the network becomes feasible in this configuration. This enables a high degree of on-demand and custom products at large scale.

Supply Chain Network Software 289

Supply Chain Network Software Industry Industrial Manufacturing Procurement 289

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 246

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

Supply Chain Opz

OCTOBER 14, 2013

So we dig deeper and found that one of the earliest articles about this was " Electronic data interchange in the automotive industry: managing information flows for greater profitability " by Jerrold Donington (1995). For example, procurement people always monitor incoming material closely.

Supply Chain Visibility 246

Supply Chain Visibility Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 246

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. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

GlobalTranz

JULY 28, 2021

Carrier procurement and management processes to handle initial vetting and qualification through ongoing management with carrier scorecards to ensure freight cost reductions occur, which are key benefits to working with a company like GlobalTranz that has 50,000+ carriers active within its system.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

ivalua

MAY 9, 2023

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Fortunately, the report shows that procurement is putting actions behind words.

Optimal Sourcing 130

Optimal Sourcing Study Procurement Supply Chain Planning Software 130

ivalua

NOVEMBER 26, 2019

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Global automotive component supplier Meritor is a great example. Procurement was tasked with supporting a board level initiative to accelerate innovation and increase margins. Alex Saric, CMO, Ivalua.

Optimal Sourcing 100

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 100

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?

Manufacturing Procurement 195

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

Ware2Go

JANUARY 7, 2022

As a result, procurement must decide when and whether to rely on just-in-time or just-in-case models for purchasing and managing stock. What is just-in-time procurement? The automotive industry, for example, has famously relied on a JIT manufacturing strategy (or lean manufacturing) since the 1950’s. Advantages.

Just-in-Time 98

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

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

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. Automotive is a perfect example of what not to do in building supply chain value. It was one of the issues of American automotive companies’ demise.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.

Sourcing Strategies 92

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 92

ivalua

APRIL 23, 2021

At a recent roundtable with The Manufacturer magazine, the benefits of cross functional collaboration for procurement was raised as a discussion point for the session. . One of the most interesting suggestions is that a procurement team should take a service mindset when working with the budget holders within the organisation.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Modeling Software 130

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

The automotive and farm equipment manufacturing giant’s Spares Business Unit (SBU) witnessed lost sales revenues due to stockouts and tight working capital as a result of high inventory investment. M&M SBU has been able to increase service levels by 10%, reduce customer response times by 40%, and grow business revenue by 10%. Challenges.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Forecasting Software Modeling 179

ivalua

JUNE 6, 2019

Managing Director, Art of Procurement. Everything procurement delivers – from savings to risk mitigation to value – is predicated on having access to clean, trustworthy data. He gave a keynote presentation about his company’s procurement and supply chain transformation journey – one that is still underway.

Manufacturing Procurement 100

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Data 100

The Network Effect

AUGUST 25, 2014

The problem has been compounded in recent years as many of the world’s high tech, automotive, aerospace and consumer products leaders have outsourced design, assembly, logistics and sourcing activities to Tier 1 suppliers.

Supply Chain Design Software 203

Supply Chain Design Software Supply Chain Design Manufacturing Procurement Supply Chain Strategy 203

Logistics Viewpoints

MARCH 21, 2021

When a supply chain disruption occurs, it is not uncommon for complex equipment and automotive manufacturers to have different plants in their company fight each other for the same components. But Nicolas Frasquet, the executive director of corporate procurement, asserts the savings are not just based on optimization technology.

Supply Chain Design Software 302

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 302

IQMS

JANUARY 21, 2021

From automotive components and parts manufacturing to producing recyclable plastics packaging and industrial products, achieve sustainable manufacturing excellence is proving to be a sure catalyst for driving greater revenue, reducing costs while making a positive contribution to the environment.

Manufacturing Procurement 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

Logistics Viewpoints

FEBRUARY 28, 2022

This division makes automotive spare parts, so the competition was to secure semiconductor chips. These “events” are turned into supplier scores, and if significant the score goes flagged in the Oracle procurement system. But after the pandemic hit their safety stock was increased by 30%.

Optimal Sourcing 351

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 351

Jaggaer

OCTOBER 24, 2024

Take supplier collaboration in the automotive industry, for example. In the automotive industry, instead of creating a surplus of inventory in advance of need, collaborating with suppliers on just-in-time (JIT) inventory management can help reduce inventory storage costs and minimize waste.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Reduction Material Savings 52

Talking Logistics

APRIL 30, 2019

Ben Cubitt is senior vice president, procurement and engineering at Transplace. He joined Transplace in July 2010 after four years as vice president, supply chain for RockTenn Corporation.

Optimal Sourcing 175

Optimal Sourcing Transportation Price Reduction Price Mitigation Strategies 175

Supply Chain Matters

OCTOBER 7, 2024

EV vehicle start-up Rivian Automotive cut its annual production target for this year amid reported supply shortages. In June of this year, the company garnered a financial lifeline in a reported $5 billion investment from global automotive company Volkswagen. All rights reserved.

Automotive 52

Automotive Manufacturing Procurement Forecasting Supply Chain Planning 52

Logistics Viewpoints

DECEMBER 5, 2022

Those industries include data communications, medical, industrial, automotive and consumer electronics. These procurement professionals can look at how forwarders and carriers are performing by lane, and what the performance trends are for these partners. That increases the value of the analytics used by the procurement team.

Agile and Lean Supply Chain 261

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 261

Supply Chain Matters

JANUARY 21, 2025

This study identified the five most disrupted industries in 2024 to be Life Sciences , Healthcare , General Manufacturing , High Tech , and Automotive , marking the fourth year in a row that these particular industries have been the most impacted. government as well as potential retaliatory measures by other countries.

Supply Chain Disruption 59

Supply Chain Disruption Study Supply Chain Planning Software Supply Chain Strategy 59