The Logistics & Supply Chain Management Society

NOVEMBER 25, 2023

Reshoring to the US and Europe Accelerating, Now Also Serving CO2 Emission Reduction Objectives by Luc Kremers , Vice President – Asia Pacific, BCI Global Reshoring is accelerating as American and European companies want to de-risk their supply chains from geopolitical developments and supply chain disruptions.

Cost Reduction Strategies 274

Cost Reduction Strategies Waste Reduction Europe Pharmaceutical 274

DELMIA Quintiq

MAY 4, 2021

It is also a classic example of the connection between different industries (such as automotive) where strategies range from collaboration to acquisition as OEMs attempt to plan their own roadmap to capture consumer demand and meet regulatory requirements.

Resource Reduction 296

Resource Reduction Manufacturing Cost Reduction Strategies Supply Chain Design Software 296

Logistics Viewpoints

JULY 8, 2024

Over the years, individual locations—the company has several manufacturing locations in Europe and North America—have behaved increasingly autonomously. Simplification and standardization were key to the strategy. The post KRONOS Worldwide Improves Service and Reduces Costs with Managed Trans appeared first on Logistics Viewpoints.

Cost Reduction Strategies 249

Cost Reduction Strategies Optimal Sourcing Resource Reduction Negotiating Skills 249

Logistics Viewpoints

JUNE 6, 2022

A transportation management system (TMS) allows a shipper or carrier to plan the most cost-effective set of shipments that meets service level goals. A TMS can be a great way to save money while lowering costs. Running more efficient routes, with more fully loaded trucks, saves money and reduces emissions.

Cost Reduction Strategies 254

Cost Reduction Strategies Price Reduction Supply Chain Planning Software Transportation 254

Supply Chain Shaman

MARCH 21, 2024

During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team.

Inventory Reduction 403

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 403

Supply Chain Shaman

MARCH 21, 2023

Tightening of organizational belt-cutting to improve cash. Note that in Figure 1, retail home improvements days of inventory increased 68 days, contract manufacturing days increased 48 days, retail apparel by 28 days, and containers and packaging manufacturing companies by 14 days. The logic is flawed. Next steps? Measurement.

Inventory Reduction 395

Inventory Reduction Inventory Price Reduction Cost Reduction Strategies 395

Logistics Viewpoints

OCTOBER 30, 2024

Companies such as Elon Musk’s SpaceX, Jeff Bezos’ Blue Origin, Rocket Lab and others are lowering launch costs, with SpaceX achieving approximately $2,600 per kilogram to Low Earth Orbit (LEO), compared to $18,500 per kilogram during the Space Shuttle era.

Cost Reduction Strategies 235

Cost Reduction Strategies Expense Reduction Resource Reduction Material Savings 235

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. GlobalTranz works with manufacturing shippers every day to move their goods and streamline their logistics strategies. 5 Challenges Facing Supply Chain Managers in Manufacturing.

Logistics Network Optimization Software 247

Logistics Network Optimization Software Supply Chain Planning Software Inventory Management Software Inventory Reduction 247

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? This improves living standards, reduces poverty levels, and can provide stable economic growth to the surrounding community.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Price Reduction 49

Supply Chain Shaman

APRIL 19, 2024

In this research, 81% of brand owners and contract manufacturers primarily depend on communication through email and spreadsheets. Approximately 32% of manufacturing, across industries, is outsourced. The Return on Investment Network investments reduce supply cycles and improve decision capabilities. Lack of a Buyer.

Supply Chain Network Software 295

Supply Chain Network Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 295

Logistics Viewpoints

NOVEMBER 6, 2024

NIS 2 Has Deep Impacts on the Supply Chain, Not Just Plant Operations The manufacturing industry is undergoing a significant transformation as it grapples with the implications of the Network and Information Systems Directive 2 (NIS 2). Manufacturers must now assess and bolster their cybersecurity measures to comply with the directive.

Supply Chain Design Software 229

Supply Chain Design Software Supply Chain Design Supply Chain Software Manufacturing 229

Logistics Viewpoints

OCTOBER 11, 2024

Now Let’s Get to the Supply Chain News: Hurricane Helene Disrupts IV Fluid Supply Chain Across Major East Cost Hospitals Hospitals, nursing homes, and dialysis centers across the country are running low on IV fluids after Helene forced a factory in Marion North Carolina, to shut down operations.

Price Reduction 266

Price Reduction Vendor Strategies Waste Reduction Resource Reduction 266

Logistics Viewpoints

NOVEMBER 20, 2024

For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supply chain strategies is essential. Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change.

Waste Reduction 237

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 237

SCM Research

MARCH 15, 2024

Global Supply Chains Amplify Economic Costs of Future Extreme Heat Risk , just published in Nature , reveals a worrying escalation in global heatwaves, posing significant health and economic risks through increased mortality, reduced labor productivity, and widespread economic disruptions in supply chains.

Cost Reduction Strategies 202

Cost Reduction Strategies Supply Chain Strategy Global Supply Chain 202

ToolsGroup

DECEMBER 4, 2024

The manufacturing and distribution industries are on the brink of a transformative era, characterized by unprecedented technological innovation, sustainability imperatives, and global economic shifts. Here are 7 key trends to watch for that will define the future of manufacturing and distribution.

Supply Chain Design Software 156

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Material Savings 156

Logistics Viewpoints

OCTOBER 30, 2023

I recently talked to a former executive at a global automotive manufacturer. The project was focused on the spare parts supply chain – the delivery of car parts and aftermarket accessories to automotive dealers and repair shops across Europe from their OEM vendors as well as their own manufacturing facilities in Europe.

Vendor Strategies 262

Vendor Strategies Cost Reduction Strategies Modeling Inventory Reduction 262

Logistics Viewpoints

JULY 24, 2024

Robotic Process Automation Deployment According to the APQC data, organizations are exploring Robotic Process Automation across a number of supply chain areas, including supply chain planning, sourcing and procurement, logistics and warehousing, and manufacturing. Many technologies are implemented as a source of cost cutting.

Supply Chain Software 272

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Inventory Reduction 272

Supply Chain Shaman

DECEMBER 27, 2022

In a recent research project, we found that 2/3 of companies had a digital supply chain transformation strategy; however, those that were evolving their strategy performed better during the early months of the pandemic than those that were “clear” on the project plan for a digital transformation. I know, a head-scratcher.

Supply Chain Software 405

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 405

ToolsGroup

JUNE 2, 2023

Once upon a time, the world of manufacturing was a relatively stable place. So how does a manufacturer navigate this rollercoaster? According to Gartner , these issues can lead to missed manufacturing deadlines and wasted capital. And that’s where real-time perpetual inventory signals come in.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Logistics Viewpoints

SEPTEMBER 28, 2023

Globalization has expanded supply chains; the result is increased complexity and transportation costs. In addition, mounting environmental concerns and sustainability goals push organizations to reduce their carbon footprint, which often entails optimizing transportation for efficiency.

Supply Chain Software 265

Supply Chain Software Supply Chain Planning Software Material Savings Cost Reduction Strategies 265

Logistics Viewpoints

JUNE 14, 2022

At Logistics Viewpoints, we have written about how companies are looking to reduce carbon emissions, especially when it comes to transportation. As the world’s largest retailer, with a world-class transportation network, we have the ability to make a meaningful difference when it comes to reducing greenhouse gas emissions.

Waste Reduction 239

Waste Reduction Expense Reduction Price Reduction Cost Reduction Strategies 239

Logistics Viewpoints

DECEMBER 17, 2024

Most organizations have public commitments to reduce their carbon footprint, with some of the more aggressive goals promising net zero emissions as early as 2040. Reducing emissions from transportation is crucial to achieving organizations sustainability goals. Freight transportation makes up over 10% of total global carbon emissions.

Supply Chain Planning Software 193

Supply Chain Planning Software Procurement Solutions Supply Chain Software Cost Reduction Strategies 193

DELMIA Quintiq

SEPTEMBER 22, 2021

An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. Getting raw materials manufactured into something whole and useful is a complex process.

Inventory Management Software 294

Inventory Management Software Inventory Reduction Inventory Management Optimal Sourcing 294

Logistics Viewpoints

AUGUST 1, 2024

They design their supply chain on a continuous basis and focus on ecommerce retailing strategies that segment their customer base according to buying behavior. Supply side shifts: Example: A global coffee manufacturer experiences disruptions due to a natural disaster affecting one of its key suppliers in Brazil due to dry weather.

Modeling 276

Modeling Network Optimization Supply Chain Design Software Material Savings 276

Supply Chain Shaman

APRIL 15, 2020

While a reboot of a computer rstarts the machine to eliminate the in-memory processing, a reformat erases everything on the computer and starts again. This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain. Bottom line?

Supply Chain Planning Software 440

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 440

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. This approach results in inefficiencies, higher costs, and missed opportunities. These costs fall within the “Cost of Goods Sold” components of the company’s financial statement.

Optimal Sourcing 216

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 216

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Despite spending 1.1%

Supply Chain Planning Software 360

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 360

Logistics Viewpoints

JULY 7, 2022

It might seem overwhelming, but supply chain is one of the first places you can make improvements, because every aspect—from manufacturing to transporting goods has a sustainability component. Reduce waste and lower your costs by monitoring the condition of goods in transit to reduce spoilage. The challenge of change.

Material Savings 268

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 268

ToolsGroup

NOVEMBER 23, 2021

As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. 7 practical strategies to minimize risk and manage supply chain shortages. You’re not powerless against supply chain disruptions! ?

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

Logistics Viewpoints

JUNE 29, 2023

Direct spend can be a significant part of the Cost of Goods Sold for an organization. By fostering collaboration across all stakeholders, including suppliers, manufacturers, and logistics providers, companies can enhance visibility, streamline processes, and proactively address disruptions.

Manufacturing Procurement 207

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 207

The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. About Paul Noble As Founder and Chief Strategy Officer of Verusen, Paul Noble oversees the company’s vision and strategic direction.

Optimal Sourcing 267

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 267