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

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

ivalua

DECEMBER 14, 2020

What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.”

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. Every KPI needs a clearly defined goal. Supplier KPIs.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

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

Supply Chain Game Changer

APRIL 28, 2020

In many cases the use of single sourcing, or sole sourcing, Procurement strategies has limited the ability for Supply Chains to access alternate sources of supply and more rapidly support higher than normal demand levels. What is Single Sourcing or Sole Sourcing?

Manufacturing Procurement 82

Manufacturing Procurement Purchasing Skills Sourcing Strategies Sourcing 82

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

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.” What is the issue? These capabilities do not exist at Ford.

Manufacturing Procurement 195

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

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

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

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

Logistics Viewpoints

AUGUST 24, 2022

Concurrent supply chain planning is required for the company to navigate uncertainty and expand into new markets of automotive, computing, and connective intelligent edge. Brent pointed out that Covid created small interruptions for many companies in terms of sourcing semiconductor chip materials.

Sourcing Strategies 237

Sourcing Strategies Material Savings Resource Reduction Manufacturing Procurement 237

The Network Effect

AUGUST 25, 2014

Or a personal health situation arises like a batch of peanut butter becoming contaminated with salmonella or children’s toys being contaminated with lead paint, where the regulators have difficulty identifying the source of the problem several tiers upstream in the supply chain.

Supply Chain Design Software 203

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

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

Supply Chain Shaman

SEPTEMBER 22, 2021

At the end of the presentation, I asked Allyson her perspective on open source analytics. The supply chain investments of the last decade focused on improving black & white processes–order-to-cash and procure-to-pay. ” Her answer was telling. My view is that we are in phase 3 of the pandemic. Massive Disruption.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

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

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

ivalua

NOVEMBER 29, 2022

In recent years, the overall state of Procurement has been bolstered by increased proficiency, expanding engagement, and a growing direct impact on operations. And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management.

Procurement Analytics 130

Procurement Analytics Metrics Manufacturing Procurement Optimal Sourcing 130

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Let’s take a closer look at sourcing. PFEP optimizes the policies that define how to procure each part. Days of Inventory by Industry Across Years.

Optimal Sourcing 173

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

Talking Logistics

DECEMBER 11, 2014

Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). A similar race is on to expand beyond the usual set of industries — namely, Automotive, High Tech, Retail, and CPG — and establish a leading presence in historically underserved and underpenetrated vertical industries, such as Oil & Gas and Chemical.

Predictive Analytics Software 258

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 258

Logistics Viewpoints

DECEMBER 5, 2022

Those industries include data communications, medical, industrial, automotive and consumer electronics. The data from Infor Nexus also helps the transportation teams do better carrier sourcing. That increases the value of the analytics used by the procurement team. Further, historically Molex had a focused sourcing strategy.

Agile and Lean Supply Chain 227

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 227

Supply Chain Matters

FEBRUARY 28, 2024

Supply Chain Matters highlights concerns raised by automotive industry interests regarding evolving component sourcing among China based suppliers within Mexico. The post Auto Industry Concerns in Sourcing Moves Within Mexico first appeared on The Ferrari Consulting and Research Group / Supply Chain Management.

Mexico 52

Mexico Sourcing Strategies Manufacturing Procurement Sourcing 52

SCMDOJO

APRIL 22, 2022

Outsourcing takes place in every service, so much so that the retailers or businesses are not aware from whom a specific part of the product is procured. NFTs supply a sole source of truth. Streamlining Procurement Operations. You can find more about procurement here. Better Supply Chain Collaborations.

Supply Chain Planning Software 137

Supply Chain Planning Software Pharmaceutical Supply Chain Software Supply Chain Planning 137

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

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. At Coupa supplier risk is also flagged for single source or capacity constraints.

Optimal Sourcing 304

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 304

Jaggaer

MAY 16, 2024

With deep expertise in developing agile strategies and solutions in response to changing objectives and priorities, BearingPoint’s Sourcing & Procurement team supported the client in defining the procurement and supplier quality digitization path to streamline and innovate supplier management processes.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Procurement Sourcing Strategies 52

ivalua

MAY 18, 2022

Such solutions, especially if embedded in spend management suites, can help unify data across the enterprise and fix duplicates and other issues at the source. Successfully employing MDM requires procurement to closely engage IT. Procurement needs skin in the game. Leaders must make a concerted effort. Map your Sub – tier.

Supplier Management 130

Supplier Management Supply Chain Planning Software Negotiating Skills Optimal Sourcing 130

The Logistics & Supply Chain Management Society

JULY 21, 2020

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

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

Supply Chain Matters

NOVEMBER 23, 2022

Supply Chain Matters highlights an additional strategic sourcing announcement involving the future production of electric powered autos and vehicles in North America. based EV automotive production needs for Hyundai Motors and Ultium Cells , a joint venture involving LG Solutions and General Motors. Announcement. Under new U.S.

Automotive 52

Automotive South Korea Tennessee Manufacturing Procurement 52

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 138

Supply Chain Visibility Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 138

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. 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

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

QAD

AUGUST 17, 2023

June, July and even August have traditionally been laid-back months in the automotive industry, between vacations and major OEMs’ summer shutdowns, but the action never stops here at the Auto Supply Chain Prophets podcast. We also recommend tuning into the The Art of Procurement Podcast hosted by none other than Phil.

Supply Chain Software 98

Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Strategy 98

Supply Chain Matters

MARCH 29, 2023

The Supply Chain Matters blog provides perspectives on an emerging supply chain management focused lesson occurring at Rivian Automotive. For those in the automotive industry and certainly a wide complement of our readership, the report triggers a response of why it took this long to act. All rights reserved.

Automotive 52

Automotive Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 52

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. I do not think that this will happen through the repurposing of indirect procurement networks (e.g., It builds on the concepts of becoming demand driven.

Supply Chain Network Software 225

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

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. Rivian Automotive. A challenge related to the vehicle was reportedly the design of a new vehicle platform and the sourcing of battery cells.

Automotive 52

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