Supply Chain Matters

MAY 31, 2022

This is especially the case among certain global automotive companies dealing with a host of supply chain disruption and ongoing semiconductor device shortages. Rivian Automotive. The Wall Street Journal reported that Tim Fallon, the existing Vice President of Manufacturing will remain in that role. . Thus far, $13.7

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Procurement Solutions North America 52

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

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

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

Logistics Viewpoints

FEBRUARY 11, 2021

At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. The automotive industry is increasingly coalescing towards a regional hub and spoke model.

Manufacturing Procurement 243

Manufacturing Procurement Sourcing Strategies Pharmaceutical Procurement Solutions 243

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

Supply Chain Matters

NOVEMBER 23, 2022

According to a report published by Nikkei Asia ( Paid subscription or metered view ), the chemical and electronics provider signed a memorandum of understanding with the State of Tennessee involving a 420 acre facility to be located in Clarksville, Tennessee. The facility reportedly will supply battery component needs for U.S. Under new U.S.

Automotive 52

Automotive South Korea Tennessee Manufacturing Procurement 52

HICX Solutions

FEBRUARY 2, 2023

The discussion focused on key findings from our recent Voice of the Supplier Survey and reactions to the results from an industry-insider perspective and a supplier point of view.

Optimal Sourcing 52

Optimal Sourcing Negotiate Pricing Procurement Analytics Procurement Solutions 52

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! The Escort joined its fellow junk metal comrades in an automotive-parts junkyard a few miles away from my childhood home. But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Subscribe Here! Email Address.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

Supply Chain Matters

JULY 8, 2022

In this Supply Chain Matters posting we provide highlights of manufacturing and supply chain developments involving electric vehicle automotive producers at the 2022 mid-year point. EV producer Tesla reported a setback in quarter over quarter vehicle production and delivery performance. Volkswagen.

Automotive 52

Automotive Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

SCMDOJO

SEPTEMBER 24, 2024

Make vs Buy Analysis evaluates whether to manufacture a product in-house or purchase it from suppliers. This process considers operational factors such as cost efficiency, production capacity, and strategic alignment, making it highly relevant in sectors like manufacturing, retail, automotive, and technology.

Optimal Sourcing 97

Optimal Sourcing Analysis Material Savings Supply Chain Software 97

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

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.) The root issue is functional metrics.

Supply and Demand 376

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 376

SupplyOn

FEBRUARY 25, 2020

Tomasevic, Chief Procurement Officer of the AGCO Group. He established the link to an automotive conference whose trend topics also apply to the agricultural sector: Decarbonization for an improved, because lower “Carbon Footprint. Challenges in agriculture Josip T.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Optimal Sourcing Sourcing Strategies 40

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. If you’d like to know more on this and related subjects, I recommend you read the new Automotive Inbound Supply Best Practices whitepaper.

Automotive 100

Automotive Optimal Sourcing Logistics Network Optimization Software Supply Chain Optimization 100

IQMS

JANUARY 21, 2021

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. To do business in the automotive industry, Somachini has to comply with the ISO 14001 standard.

Manufacturing Procurement 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

Supply Chain Matters

APRIL 24, 2023

Background In a published Supply Chain Matters posting in March, we informed our readers that global automotive manufacturer Volkswagen announced that it was investing in a battery production site in Canada to support North America electric vehicle assembly needs. Thomas , Ontario , upwards of a two hour drive from Detroit.

Canada 52

Canada Procurement Analytics Manufacturing Procurement Purchasing Skills 52

Resilinc

MAY 18, 2021

As expected, the semiconductor shortage continues to plague the automotive industry with carmakers now expected to suffer losses of $110 billion in 2021, according to a widely reported estimate from Alix Partners. And, the long timeframes required to build new semiconductor fabs mean chip supply won’t be flowing anytime soon.

Cost Reduction Strategies 62

Cost Reduction Strategies Purchasing Skills Manufacturing Procurement Procurement Analytics 62

Claritum

OCTOBER 3, 2017

Claritum Article - Procurement Blog. As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. A Leading Marketing Expert with Vast Experience.

Optimal Sourcing 32

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 32

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

QAD

JUNE 13, 2023

When people think about supply chain, purchasing is usually the first thing that comes to mind, but all of your enterprise’s operations fall under the same umbrella. That includes front-end forecasting and planning, procurement, manufacturing, logistics and import/export. through 2028. “A

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Manufacturing Procurement 98

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 Supply Chain Design Software Procurement Analytics 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

Supply Chain Game Changer

MARCH 26, 2019

Procurement (and Purchasing) Job Interview Questions & Answers. In these industries a segment of the Procurement organization is called Commodity Management. However when I entered the Retail industry the group largely responsible for Procurement, amongst other things, was called Category Management. Subscribe Here!

Negotiating Skills 62

Negotiating Skills Manufacturing Procurement Purchasing Skills Procurement Analytics 62

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

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Automotive News Europe ). Consultancy UK).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

GlobalTranz

AUGUST 28, 2018

Using a combined blockchain and reverse logistics strategy can help alleviate these costs, and supply chain executives need to understand a few things about it Reverse Logistics Carry High Risk in Supply Chain Management Risk within reverse logistics is higher than that and forward logistics.

Reverse Logistics 121

Reverse Logistics Cost Reduction Strategies Logistics Network Optimization Software Purchasing Skills 121

Supply Chain Matters

AUGUST 19, 2024

Supply Chain Matters highlights contract manufacturing services provider Foxconn ’s reported Q2-2024 financial performance in light of a broader strategy to diversify the company services beyond that of Apple. This report indicates that “ Foxconn has invested hundreds of millions of dollars in E.V.-related

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Negotiating Skills Purchasing Skills 52

Supply Chain Matters

JANUARY 18, 2023

Supply Chain Matters highlights reports that Rivian Automotive fell short of its 2022 vehicle production goal and that several top executives have departed the company, including the company’s purchasing head. Executive Departures. Previously, the company’s initial Chief Operating Officer departed at the end of 2019.

Supply Chain Design Software 59

Supply Chain Design Software Expense Reduction Manufacturing Procurement Price Reduction 59

Supply Chain Shaman

JUNE 14, 2018

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. PFEP optimizes the policies that define how to procure each part. Cross Site Analytics. MRP logic is a transactional planning tool for procurement.

Optimal Sourcing 173

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

LevaData

APRIL 21, 2021

In fact, semiconductor shortages have been reported across almost all major IC groups. While the most obvious impact has been within the automotive industry (the lack of critical semiconductors led to shutdowns of auto factories for all the major manufacturers ), the shortage has undoubtedly generated supply chain risks across the board.

Supply Chain Planning Software 52

Supply Chain Planning Software Prescriptive Analytics Software Procurement Analytics Supply Chain Planning 52

Supply Chain Matters

JULY 2, 2024

Supply Chain Matters provides readers and clients with a further installment in our global supply chain assessment series in providing highlights on reported June and Q2- 2024 global PMI activity levels. Germany, Austria and Poland were reported as the three lowest PMI activity levels. average reported for Q1-2024.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Optimal Sourcing 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

GlobalTranz

DECEMBER 29, 2014

History of Reverse Logistics is at the Core of The Stories of War, Retail, eCommerce, and Automotive Aftermarket : As you will see today the history of reverse logistics is quite older than the buzz word of it being thrown around more often today, due to the rise of internet retailing, also known as eCommerce. Read the Full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Supply Chain Game Changer

AUGUST 26, 2021

I’ve worked for major manufacturers in CPG, Automotive, and Defense Contracting, and I can honestly say that some of the largest organizations are nowhere near accomplishing this. Buyers and expeditors alike tend to place Purchase Orders with suppliers and then check the box as if the task is complete. would demand its implementation.

Supply Chain Visibility 103

Supply Chain Visibility Supply Chain Planning Software Real-time Visibility Agile and Lean Supply Chain 103

Supply Chain Matters

AUGUST 16, 2023

Rivian Automotive ’s recent report on quarterly financial performance provides evidence that this EV start-up is showing signs that the company has done its homework in supply chain and production operations industry basics. Net loss was reported as $1.2 That included total revenue of $1.1 billion, compared to $1.7

Supply Chain Design Software 52

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 52

Supply Chain Matters

MARCH 13, 2023

Supply Chain Matters highlights Rivian Automotive ’s reported Q4 and full-year financial and operational performance along with plans for the next two years. The EV vehicle start-up reported the delivery of 20,337 vehicles in 2022, falling short of this company’s highly monitored commitment to produce 25,000 vehicles.

Supply Chain Planning Software 52

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Planning Expense Reduction 52