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 263

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Inventory Reduction 263

DELMIA Quintiq

MAY 13, 2020

Logistics processes and strategies must be able to adapt to this multivariable environment and accommodate these demands, down to the smallest detail. The final assembly line sets the pace in automotive manufacturing. They can also propagate any changes or decisions in real time across all areas, driving cost efficiency.

Optimal Sourcing 267

Optimal Sourcing Supply Chain Optimization Automotive Resource Reduction 267

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 257

Price Reduction Vendor Strategies Waste Reduction Resource Reduction 257

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 228

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 228

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. China was the source of over 90% of PPE.) 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. Figure 1 shows a market-by-market planning model by a sinus drug manufacturer. Bottom line?

Supply Chain Planning Software 440

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

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. Cloud applications that manage your supply chain provide real-time access—a single source of truth no matter where you are.

Material Savings 260

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 260

Logility

MAY 17, 2023

The urgent need for supply chain resiliency is increasing interest in onshoring, reshoring, and nearshoring strategies. Yet, their search is more than a matter of finding low-cost alternatives. They’re also carefully pursuing suppliers, manufacturing, and distribution locations that are sustainable and resilient.

Vendor Strategies 171

Vendor Strategies Cost Reduction Strategies Price Reduction Inventory Reduction 171

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. The average cost of a data breach reached $3.86

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 322

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 211

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 211

Logistics Viewpoints

OCTOBER 17, 2024

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Supply Chain Knowledge and Risk Mitigation: Suppliers have a direct impact on direct spend with raw material and transportation costs as two big drivers of operating margins.

Manufacturing Procurement 232

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 232

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 266

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 266

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 231

Waste Reduction Expense Reduction Price Reduction Cost Reduction Strategies 231

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. Challenges Traditional definitions of supply chain excellence focus myopically on cost but are too slow in making decisions in inflationary periods. The traditional leader values cost reduction but is blind on how to value time.

Supply Chain Planning Software 388

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 388

Logistics Viewpoints

MARCH 8, 2021

Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. Belcorp Corporation, headquartered in Peru, manufactures cosmetics and personal care products for women in 14 nations across South and Central America.

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 278

Logistics Viewpoints

DECEMBER 13, 2021

Reasons Why Firms Commit to Reducing Environmental Impacts More than Regulators Require. When a company initially sets goals for reductions in their carbon emissions, they find a lot of low handing fruit. Thus, the company gets energy savings and carbon emission reductions. Lowering carbon emissions will require greater costs.

Cost Reduction Strategies 201

Cost Reduction Strategies Optimal Sourcing Company Supply Chain Planning Software 201

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 200

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 200

Supply Chain Shaman

APRIL 30, 2020

The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. However, supply chain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm. Reduce Complexity. The measles vaccine took four years in 1968.

Supply Chain Design Software 355

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 355

Freightos

APRIL 25, 2024

This strategic move has not only circumvented significant costs but also dramatically increased air cargo demand from China, particularly from hubs in Hong Kong and Guangzhou, impacting traditional logistics and shipping frameworks. rates soared to about $13/kg due to pandemic-driven demand and reduced capacity.

Cargo 291

Cargo Cost Reduction Strategies Price Reduction Material Savings 291

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 309

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 309

DELMIA Quintiq

DECEMBER 14, 2021

Source: [link]. In terms of cost, that equals to a loss of $218 billion to the country every year. There already are options such as food sharing and food saving platforms to help reduce the problem of food waste on the consumers’ end. The Right Approach to Food Waste Reduction. Pete Pearson Director of Food Waste, WWF.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

ivalua

JUNE 26, 2023

Vishal Patel and Peter Hunt delivered their session ‘Creating Value with Strategic Sourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to category management and strategic sourcing. The answer is simple – automation. See you soon!

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

Logistics Viewpoints

JANUARY 26, 2021

While lean manufacturing and just-in-time were game-changing concepts when they were introduced, agility and resilience must be taken to an entirely new level post pandemic. Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts.

Agile and Lean Supply Chain 282

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 282

Supply Chain Shaman

SEPTEMBER 3, 2018

Second, they adapt over time as market structures and strategies evolve. We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups.

Supply Chain Planning Software 317

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 317

DELMIA Quintiq

MAY 11, 2021

However if your company needs to reduce manufacturing lead times, streamline inventories, boost efficiency, make the right promises to your customers, and all of this at the same time, you need to challenge this status quo. I want to be Lean – Lean manufacturing is not about software solutions”.

Manufacturing Procurement 218

Manufacturing Procurement Manufacturing Supply Chain Planning Software Supply Chain Software 218

ToolsGroup

JUNE 17, 2021

Distribution industry supply chains have always been squeezed between manufacturers and their customers; facing increased competitive threats, escalating SKU counts, and expanding ecommerce. Avoiding inventory overages and shortages begins with a better forecast, but also requires a smarter inventory strategy.

Forecasting 295

Forecasting Forecasting Software Modeling Supply Chain Planning Software 295

Supply Chain Shaman

AUGUST 12, 2024

I would like for us to move past the conventional view of sourcing strategies and globalization to drive improvements to the supply chain in a variable world. The populist narrative of sourcing globalization is only part of the story. We speak of waste reduction and sustainability through a supply centric lens.

Waste Reduction 195

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 195

Supply Chain Shaman

SEPTEMBER 27, 2021

Unloading times are double and costs are triple. As a result, most projects are not clear in scope, with the implementation of visibility as a “functional extension to existing process” lacking a holistic outside-in approach/strategy to sense, respond, and act. Design an Over-Arching Strategy and Building Blocks.

Supply Chain Planning Software 333

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 333

Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. Lean manufacturing also focused on managing these operational risks, especially within the four walls of the enterprise.

Supply Chain Design Software 251

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 251

DELMIA Quintiq

APRIL 21, 2020

For example, is your safety stock at the right level or is it leading to unnecessary costs? Do you have enough safety stock if a manufacturer stops operations? Reduced severity of disruptions. Get resilient by adjusting your supply chain strategy. Do you have backup suppliers if one of your main suppliers goes bankrupt?

Modeling 302

Modeling Agile and Lean Supply Chain Supply Chain Disruption Optimal Sourcing 302

The Logistics & Supply Chain Management Society

MAY 28, 2022

In these times of global turmoil, there are five (5) important megatrends shaping supply chain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supply chain management. Companies need to re-evaluate their supply chain strategies, if they are still most optimal.

Innovation 244

Innovation Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 244

DELMIA Quintiq

SEPTEMBER 14, 2023

Medical Device manufacturers face an increasingly dynamic and intricate landscape. Innovative personalized manufacturing approaches have emerged, yet many organizations struggle to fully realize their potential in this rapidly evolving race.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

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 245

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 245

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Centralized information eliminates data silos and strengthens information sharing through real-time communication (instead of point-to-point data transmission). Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Supply Chain Shaman

NOVEMBER 15, 2021

Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. Lane RFPs focused on cost reduction, but few asked if they had a feasible plan. Cost and Waste Can Be Pushed Backwards in the Value Chain Without Consequences. We are to blame.”

Supply Chain Design Software 285

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 285

Logistics Viewpoints

OCTOBER 18, 2023

Or have these concerns been replaced with cost-price inflation and compressed profit margins? Source: J.P. Global Manufacturing PMI Global Trade as a Barometer Clearly domestic business activity is much larger than international trade. The second pattern that jumps out is an ongoing reduction in volatility of change.

Manufacturing Procurement 288

Manufacturing Procurement GEP Purchasing Skills Logistics 288

Logistics Viewpoints

JANUARY 13, 2022

However, organizations will need to be deliberate in designing supply chains with optionality so it does not become cost prohibitive. Understanding and assessing the tradeoffs between the costs of labor, inventory, transportation, and carbon footprint while going through these pivots will be crucial.

Supply Chain Design Software 259

Supply Chain Design Software Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 259

Logistics Viewpoints

FEBRUARY 15, 2022

However, this thinking could lead to a potentially higher costs and low customer service. Your supply chain should benefit from end-to-end supply chain visibility and execution solutions that work together in a coherent supply chain orchestration strategy. This is where visibility to suppliers and new souring options becomes critical.

Agile and Lean Supply Chain 293

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Optimal Sourcing 293