The Logistics & Supply Chain Management Society

AUGUST 19, 2022

In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

SYSPRO Smarter ERP

AUGUST 2, 2023

As members of one of the most highly regulated industries in the world, medical device manufacturers face numerous challenges. From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD. If there is only one supplier in the world providing a critical component, “do I need to dual source?

Supply Chain Visibility 232

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 232

Logistics Viewpoints

MAY 26, 2022

There are lively debates about the meaning and prioritization of scale, globalization, outsourcing, and inventory optimization. The percentage of purchases made and fulfilled through digital commerce has exploded in the past two years, advancing a pre-pandemic trend by as much as 10 years according to some industry watchers.

Logistics Network Optimization Software 297

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 297

GlobalTranz

APRIL 6, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices. Manufacturing and supply chains couldn’t ramp up fast enough.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

Logistics Viewpoints

AUGUST 7, 2024

Many supplier offerings lack an appropriate emphasis on cybersecurity, or they leave cybersecurity up to the end user, as a layer to be put on top of the system that is being purchased. Other basic foundational tasks for setting up a good cybersecurity program include doing a good asset inventory.

Warehousing 249

Warehousing Supply Chain Network Software Supply Chain Software Analytics Software 249

The Logistics of Logistics

MARCH 18, 2022

Tom is the CEO and Co-Founder of SourceDay , a company that integrates with ERPs to automate purchase order (PO) changes and enable supplier collaboration. Tom Kieley is the CEO and Co-Founder of SourceDay, an Austin based technology company that automates purchase order (PO) changes and enables supplier collaboration.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Software Procurement Solutions Logistics Network Optimization Software 130

Supply Chain Network

JUNE 7, 2011

Designed to enable wholesalers, manufacturers, retailers, and distributors to achieve best-in-class inventory management practices, NetSuite Demand Planning enables companies to forecast peaks and troughs in demand and minimize capital tied up in inventory.

Supply and Demand 110

Supply and Demand Inventory Management Software Demand Planning Supply Chain Planning Software 110

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105

Logistics Viewpoints

SEPTEMBER 28, 2021

Raw materials are in short supply, many manufacturers have temporarily mothballed production lines, transportation costs are rising, and labor is getting tight on our roadways , railways and ocean vessels. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility.

Rail Software 210

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 210

Unleashed

AUGUST 30, 2021

Here we examine manufacturing downtime in detail, including what it is, what causes it, and what it can cost your business. Because even small manufacturing firms with limited capital can reduce the risk of suffering unexpected outages through measures like preventive maintenance, staff training and the use of smart manufacturing software.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Predictive Analytics Software Material Savings 98

Logistics Viewpoints

JUNE 28, 2024

Walmart announced that it will pilot agriculture technology with crop supply intelligence company Agritaskto get real-time information on crops and improve sourcing decisions around produce. The company is selling Coyote for $775 million less than the purchase price. This certainly sounds like a lofty goal. billion in 2015.

Logistics Network Optimization Software 221

Logistics Network Optimization Software Waste Reduction Logistics Price Reduction 221

QAD

MARCH 5, 2020

The industry can sell pills, fad diets and short-cut exercise programs, but the bottom line is that most people who know will tell you the simple fact is you can’t outwork a bad diet. Every key vendor needs to be vetted, and then sourcing decisions need to be made and supply chain changes enacted.

Vendor Strategies 145

Vendor Strategies Cost Reduction Strategies Waste Reduction Price Reduction 145

Supply Chain Shaman

OCTOBER 29, 2014

By purchasing planning and transactional systems for a common vendor, they had one throat to choke and they were familiar with the architectural elements. Tomorrow, I get to deliver this message to a large manufacturing client. Attendees will get to participate in the launch of this new simulated exercise.

Supply Chain Planning Software 312

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 312

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

Vendor Strategies 120

Vendor Strategies Cost Reduction Strategies Inventory Reduction Waste Reduction 120

Logility

MAY 17, 2023

They’re also carefully pursuing suppliers, manufacturing, and distribution locations that are sustainable and resilient. By leveraging a comprehensive platform companies can review scenarios through the lens of advanced demand, inventory and manufacturing planning optimization capabilities,” Henriott said.

Vendor Strategies 171

Vendor Strategies Cost Reduction Strategies Price Reduction Inventory Reduction 171

Logistics Viewpoints

MAY 22, 2023

A company can choose to maintain a high level of costly inventory to ensure short lead times, and a family can decide to live farther away from work and school but buy a bigger house. Moreover, this exercise might need to be repeated several times depending on how the war proceeds. But optimization is much more than that!

Supply Chain Design Software 206

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 206

Logistics Viewpoints

JUNE 26, 2023

Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning. This visibility is key to both the root cause analysis and the inventory rebalancing.

Supply Chain Planning Software 183

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 183

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Pivot Toward Internal Manufacturing Presence.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Logility

MAY 20, 2021

According to McKinsey and Company , with a digitization of the supply chain they have the capacity to save 75% of lost sales, reduce transport and warehousing costs by 30%, and decrease 80% of administrative costs – all while cutting inventory by 75%. has declared force majeure events in order to justify factory-crippling shortages.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimization Software Analytics Software Demand Planning Software 130

Enterra Insights

APRIL 21, 2021

The BCG analysts explain, “Today, another workforce transformation is on the horizon as manufacturing experiences a fourth wave of technological advancement: the rise of new digital industrial technologies that are collectively known as Industry 4.0.” So, it’s not a question of if but when AI will become the norm in the manufacturing sector.

Analytics Software 130

Analytics Software Big Data Predictive Analytics Price Reduction 130

Talking Logistics

JUNE 29, 2017

The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise. Source: LLamasoft. The slide below provides an overview of SupplyChainPlanning.com: Source: LLamasoft.

Supply Chain Design Software 71

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 71

Unleashed

NOVEMBER 29, 2021

Manufacturers and brick-and-mortar retailers have been using software to manage their inventory for years – but inventory management is even more important when you’re running a business that operates in the complex eCommerce space. Learn more: Guide to Effective Multichannel Selling What is eCommerce inventory management?

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 98

SYSPRO Smarter ERP

AUGUST 22, 2022

The consequences of global supply chain disruption, labor shortages, rising costs, regional instabilities and general uncertainty continue to challenge the fabricated metal and manufacturing industry in general. Challenge: The supply of raw materials and achieving optimum inventory levels. Solution: End-to-end supply chain visibility.

Supply Chain Design Software 105

Supply Chain Design Software Demand Planning Software Manufacturing Procurement Optimization Software 105

SCMDOJO

OCTOBER 30, 2024

For instance, a student struggling with inventory management concepts can receive supplementary materials, interactive simulations, and one-on-one tutoring sessions tailored to their needs. Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects.

Supply Chain Planning Software 82

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 82

Supply Chain Game Changer

OCTOBER 11, 2022

For instance, the quality of inventory storage and manufacturing efficiency impact delivery lead times. Communication of this kind will prevent any procurement delays. Examine every point of the manufacturing process and pay attention to on-site inventory storage. The benefits of this exercise are enormous.

Optimal Sourcing 81

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 81

Logility

FEBRUARY 21, 2017

As a former Director of Supply Chain Management for a large multi-channel food manufacturer I experienced first-hand the variety of challenging problems faced by supply chain planners in the unforgiving F&B industry. Listed in the balance sheet, inventory tends to attract a high level of attention from senior management.

Supply Chain Planning Software 102

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 102

Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

3rdwave

JUNE 21, 2019

Any company that trades globally or depends on products that are sourced globally are going to find out what resiliency means. Supply chain hardship will be broadly felt and effect finished goods distributors and manufacturers alike. Visibility into projected total landed cost by source/origin combination.

Optimal Sourcing 82

Optimal Sourcing Supply Chain Optimization Agile and Lean Supply Chain Manufacturing Procurement 82

Arena Solutions

DECEMBER 17, 2024

Ecosystem in Practice: Building a Best-In-Class Manufacturing Tech Stack Full Transcript Below: Rony Kubat All right. We found that a lot of our customers have just kind of started doing the smart manufacturing and digitization of operations, so these partnerships are new. Good afternoon, everyone. My name is Rony Kubat.

Manufacturing Procurement 52

Manufacturing Procurement Analytics Software Modeling Software Supply Chain Network Software 52

JDA software

FEBRUARY 11, 2019

Customer expectations for product availability and seemingly endless purchasing channels are driving many companies to move product faster and smarter than ever before. its inventory management and where and how well it deploys inventory to optimize customer service levels and profitability. Inventory management.

Supply Chain Design 75

Supply Chain Design Optimal Sourcing Inventory Reduction Supply Chain Optimization 75

Supply Chain Game Changer

MARCH 24, 2020

China was locking down hundreds of millions of people and closing manufacturing facilities. As China is the largest manufacturing country in the world the economic repercussions were really starting to be felt. Automotive manufacturers are looking to manufacture ventilators. Supply Chain Lessons.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 82

Unleashed

NOVEMBER 20, 2023

Supply chain optimisation helps manufacturing businesses drastically reduce operational costs to improve revenue and customer satisfaction. In our latest Supply Chain Roundtable, four experts share their advice and experience around optimising the manufacturing supply chain. It’s a constant headache for our purchasing manager.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Arena Solutions

OCTOBER 10, 2024

Succeeding at Strategic Sourcing With Arena and Part Analytics Learn more about the integration between Arena and Part Analytics here. Full transcript below: Heatherly Bucher Welcome to our session on Succeeding at Strategic Sourcing. Engineering and sourcing professionals build the platform for engineering and sourcing.

Analytics Software 62

Analytics Software Negotiating Skills Sourcing Strategies Purchasing Skills 62

Talking Logistics

MAY 22, 2016

Author’s Note: The following is the forward I wrote for a new textbook published by MercuryGate (a Talking Logistics sponsor) on “ Modern Technology for Transportation Optimization ,” which is available for purchase on Amazon.com. The word “optimization” is ubiquitous in the supply chain and logistics industry.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Modeling Supply Chain Optimization 126

NC State SCRC

SEPTEMBER 2, 2021

The team should include people from security operations, emergency management, supply chain management, inventory and warehouse management, IT, legal, finance, audit, and quality. To avoid bombarding employees with conflicting messages from different sources, one person should be put in charge of communications.

Manufacturing Procurement 89

Manufacturing Procurement Scenario Planning Supply Chain Planning Agile and Lean Supply Chain 89

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres.

Optimal Sourcing 84

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 84