ToolsGroup

OCTOBER 14, 2024

Spare parts supply chains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively. Streamlined Lead Times: Improved procurement efficiency potentially resulting in cost savings from optimized shipping arrangements and favorable supplier terms.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

Logistics Viewpoints

OCTOBER 10, 2022

Autoliv is the world’s largest safety system supplier in automotive industry. It supplies airbags, seatbelts, and steering wheels to most of the Automotive OEMs – companies like Renault/Nissan, Volkswagen, etc. in turn, is a boutique procurement consultancy. This is our “supplier board”. Soon we will do more training.

Supply Chain Risk Management 249

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 249

The Network Effect

OCTOBER 3, 2014

Today I want to talk about the challenges faced by today’s automotive suppliers, and why a network model for their supply chain can help. Supply chain organizations within the automotive supplier industry contribute to manufacturing excellence in many ways, including quality, cost, and delivery to their OEM and subsystem customer base.

Supply Chain Network Software 195

Supply Chain Network Software Automotive Modeling Software Supply and Demand 195

The Logistics of Logistics

OCTOBER 30, 2023

Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP).

Optimal Sourcing 243

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 243

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . 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. Advantages.

Just-in-Time 98

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

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

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 213

Negotiating Skills Negotiate Pricing Optimal Sourcing Procurement 213

BlueYonder

OCTOBER 1, 2022

I just returned from the Automotive Logistics and Supply Chain Conference in Detroit. The automotive industry is a complex ecosystem comprised of dealers, original equipment manufacturers (OEMs), multiple tiers of suppliers, and third-party logistics providers (3PLs). I look forward to seeing you at next year’s conference!

Automotive 52

Automotive Cost Reduction Strategies Inventory Reduction Material Savings 52

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

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

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. TechCrunch reports that VW will invest upwards of $20 billion as part of a supply network vertical integration strategy related to electric batteries.

Automotive 52

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

Supply Chain Matters

NOVEMBER 23, 2022

based EV automotive production needs for Hyundai Motors and Ultium Cells , a joint venture involving LG Solutions and General Motors. production presence , along with other related moves from General Motors and Rivian Automotive. production presence , along with other related moves from General Motors and Rivian Automotive.

Automotive 52

Automotive South Korea Tennessee Manufacturing Procurement 52

Supply Chain Matters

JUNE 29, 2023

That would include alternatives to China under the umbrella of China Plus sourcing, along with other alterative sourcing strategies to include domestic on-shoring or near-shoring of supply network needs. Most of such product business and strategies are predicated on a focus toward major geographic market needing support. and Canada.

Sourcing Strategies 52

Sourcing Strategies Price Reduction Mexico Supply Chain Strategy 52

Supply Chain Matters

MAY 30, 2024

Supply Chain Matters provides a follow-up automotive industry perspective focusing on Toyota Motor and its inherent abilities to continuously adapt to consumer and market dynamics. The reported strategy is to construct 14 assembly lines that can produce batteries for either hybrid, plug-in hybrid, or fully electric powered vehicles.

Price Reduction 52

Price Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 52

Logistics Viewpoints

AUGUST 13, 2024

The document gives business strategies based upon technical solutions. 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.

Supply Chain Network Software 252

Supply Chain Network Software Industrial Industry Manufacturing Procurement 252

Supply Chain Matters

APRIL 26, 2023

Tesla reported Q1-2023 financial performance that more than ever reinforces an ongoing strategy of fueling sales and output growth over profitability. Such a strategy has continued supply chain, production and new product introduction implications in the quarters to come. billion, with net income conversely declining 24 percent to $2.5

Price Reduction 52

Price Reduction Material Savings Inventory Reduction Cost Reduction Strategies 52

BlueYonder

MAY 30, 2024

For over a century, the global automotive industry has centered around one primary technology: the internal combustion engine. As vehicles become more connected, autonomous, electric, and customizable, automotive manufacturers are increasingly evolving into technology companies.

Conference 101

Conference Logistics Network Optimization Software Supply Chain Planning Software Cost Reduction Strategies 101

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. Key Takeaways: The Amplio Story.

Manufacturing Procurement 184

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 184

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. Let us examine these: Implementing a ‘China Plus One’ strategy: Part of the resiliency comes from having alternate sources of supply.

Manufacturing Procurement 241

Manufacturing Procurement Sourcing Strategies Pharmaceutical Procurement Solutions 241

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. Stellantis Senior Procurement Leadership Change. Thus far, $13.7

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Procurement Solutions North America 52

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. 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.

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

SCMDOJO

SEPTEMBER 24, 2024

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. Lead Time Reduction : In industries like automotive or electronics, reducing lead times is vital.

Optimal Sourcing 97

Optimal Sourcing Analysis Material Savings Supply Chain Software 97

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 207

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 207

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. By contrast, collaborative procurement strategies focus on creating mutually beneficial partnerships.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Material Savings Negotiate Pricing 52

Supply Chain Matters

FEBRUARY 14, 2023

As Supply Chain Matters continues to highlight supply network transformation efforts being undertaken by major global automotive brands, the name Toyota has not been as visible for obvious reasons. Toyota also repeated as the top selling automaker in the U.S. market in 2022. All rights reserved.

Cost Reduction Strategies 52

Cost Reduction Strategies Sourcing Strategies Supply Chain Network Software Price Mitigation Strategies 52

ivalua

SEPTEMBER 13, 2021

35% of respondents are lacking systems to enable effective, scalable collaboration to empower supply-chain partners in support of their CSR strategies and policies. Survey participants included decision-makers in procurement in various industries, including CPG, finance, telecommunications, technology, and manufacturing/ automotive.

Policies 130

Policies Study Report Manufacturing Procurement 130

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

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

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

Procurement Academy

MAY 11, 2022

London 4 th May 2022 – Supply chain and procurement professionals have a key role in progressing their organizations’ sustainability agendas. The report surveys 210 supply chain and procurement professionals in the UK and US, and includes interviews with leading academics and professional experts on the topic.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sustainability Buyer Training 52

Procurement Academy

MAY 11, 2022

London 4 th May 2022 – Supply chain and procurement professionals have a key role in progressing their organizations’ sustainability agendas. The report surveys 210 supply chain and procurement professionals in the UK and US, and includes interviews with leading academics and professional experts on the topic.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sustainability Buyer Training 52

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

ivalua

JUNE 7, 2021

With businesses’ focus shifting from damage control to restoring growth, innovative CPOs are encouraging their procurement teams to prioritise supplier innovation and revenue growth opportunities. . Procurement’s role and status have been on an upward trajectory for many years, accelerating during the Covid-19 crisis.

Sourcing Strategies 130

Sourcing Strategies Price Reduction Resource Reduction Cost Reduction Strategies 130

QAD

JUNE 13, 2023

Suddenly, it became all too apparent that a consolidated global supply chain reliant on a single nation for many raw materials and finished products wasn’t such a good strategy after all. 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

Procurement Academy

AUGUST 15, 2022

Toyota is an example of a company that has excelled in supplier management, giving them a competitive edge that enabled them to transform from a small regional manufacturer into the largest automotive company in the world. Similar to any other aspect of your business, strategies are required for a structured relationship with your suppliers.

Vendor Strategies 52

Vendor Strategies Price Reduction Price Mitigation Strategies Optimal Sourcing 52

Proxima

JUNE 8, 2023

Contrast this with automotive rivals Toyota and VW Group that spent $4.5bn and $3.5bn respectively on advertising in 2022 (according to Statista). What’s this got to do with procurement? It has everything to do with markets and therefore Marketing Procurement professionals will be taking note.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Purchasing Skills Price Reduction 98

BR Williams Supply Chain Management

JANUARY 18, 2021

TIP: Don’t settle for a distribution management strategy that isn’t right for your business. Measure every element of the business from forecasting, procurement, inbound freight management , warehousing and inventory control to order processing, load consolidation, delivery scheduling and backhauls. Communication.

Inventory Reduction 89

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 89