ToolsGroup

MAY 17, 2022

Image source: Cape Analytics. Image Source: Nola. Image Source: USA Today. The fire started at Majestic Industries, before spreading to the Qualco chemical plant located nearby. Image source: CNBC. Image source: Meme Generator. For those with the luxury, that meant diving right into a chlorine-filled pool.

Purchasing Skills 367

Purchasing Skills Louisiana Manufacturing Procurement Las Vegas 367

Logistics Viewpoints

FEBRUARY 15, 2022

Last year, many in the supply chain technology industry were warning companies all over the globe to prepare for the unknown. True resiliency is achieved when supply chain leaders can predict issues and dynamically respond – from sourcing and manufacturing to final delivery – with agile solutions.

Agile and Lean Supply Chain 306

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Optimal Sourcing 306

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. Price fluctuations and sourcing issues.

Supply Chain Planning Software 325

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 325

AIMMS

MARCH 30, 2020

T he apparel industry, for instance, is bracing for a prolonged period of low activity. There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources. Study 3: Identify Optimal Sourcing Locations .

Supply Chain Disruption 348

Supply Chain Disruption Supply Chain Design Software Scenario Planning Supply Chain Planning Software 348

Logistics Viewpoints

FEBRUARY 20, 2024

Optimal sourcing plant is different for different periods A baseline optimization model shows that depending on the period (month), the optimal sourcing location varies. While this sourcing strategy is the most cost-effective one, the business might not want to operate like that. In scenario #1 the horizon is 12 months.

Sourcing Strategies 266

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 266

Supply Chain Shaman

APRIL 29, 2024

Most believe that Gartner would be of better service to the industry to adopt more of a Horses for Courses Strategy. For example, in the chemical industry don’t forget the importance of envelopes, material balances, reverse bill of materials, grades, etc. Sidestep the industry hype cycles and sales vernacular. Next Steps?

Supply Chain Planning Software 392

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Forecasting Software 392

Logistics Viewpoints

FEBRUARY 14, 2024

To examine supply chain management priorities, performance, and anticipated trends, APQC conducted its 10 th annual Supply Chain Management Priorities and Challenges research, including a survey of more than 350 supply chain professionals from around the world and across multiple industries. For more information on the research, click here.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 285

Talking Logistics

MARCH 15, 2024

That’s how I feel today, thanks to the many messages of love and support I have received from friends and colleagues in the industry following my surgery. Those messages have been a source of strength and inspiration for me during my recovery. Blessed and grateful. Thank you for thinking of me and reaching out.

Logistics 262

Logistics Supply Chain Supply and Demand Sourcing 262

Logistics Viewpoints

JULY 26, 2022

Throughout the past six months, rates and capacity have been highly volatile as the industry deals with other ongoing challenges. Due to this awareness, freight sourcing is receiving increased interest from shippers. But freight sourcing has limitations as it has been done for the past four decades.

Optimal Sourcing 274

Optimal Sourcing Supply Chain Design Software Sourcing Strategies Cost Reduction Strategies 274

Freightos

OCTOBER 16, 2024

This proliferation has made the need for – and lack of – industry data standards all the more acute. And one of the main objectives of all this digitized data and integration in one source of truth is supply chain visibility , that will not only let logistics experts optimize operations, but also detect and react to disruptions.

Supply Chain Planning Software 288

Supply Chain Planning Software Logistics Network Optimization Software Optimal Sourcing Optimization Software 288

Supply Chain Shaman

SEPTEMBER 13, 2023

Unfortunately, the industry is full of a lot of Anna(s) and her friends, the doubting Thomas (s). In the industry, supply-centric techniques reign with lots of bravado and messaging on control towers, Demand-driven Materials Requirements Planning (DDMRP), and generative AI. Most of the industry is composed of doubting Thomas(s).

Supply and Demand 385

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 385

Logistics Viewpoints

JULY 24, 2024

The report, which comprised 310 respondents, provides a cross-industry snapshot of the current state of RPA in supply chain, including the likelihood of implementation as well as the benefits and obstacles surrounding RPA deployment. Many technologies are implemented as a source of cost cutting.

Supply Chain Software 279

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Inventory Reduction 279

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. IDC’s March 2022 Future Enterprise Resiliency & Spending Survey showed that almost 50% of finance organizations are prioritizing consistent ESG practices and/or policies when considering industry ecosystem design and partners. About the Author.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

Supply Chain Shaman

MAY 25, 2024

This data source synchronizes corporate reporting across global markets while tracking restatements, name changes, and currency shifts.) Lenovo posts a 2% average margin compared to the industry average of 6%. The Company drove a pattern of improvement year over-year surpassing the industry in the 2019-2020 period. The secret?

Eliminating Excel in Purchasing 318

Eliminating Excel in Purchasing Gartner Supply Chain Design Supply Chain Strategy 318

Logistics Viewpoints

JANUARY 13, 2022

However, such pivots will take several years and will be extremely capital intensive in some industries such as semiconductors or pharmaceuticals. This is creating the need to shrink the time between identification of a sourcing need and executing on a sourcing event. AI plays a significant role in harnessing the power of this.

Supply Chain Design Software 275

Supply Chain Design Software Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 275

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. China was the source of over 90% of PPE.) The airline industry? And, in consumer products industries, the latency of syndicated data is deadly. Explore alternative analytics and data sources to eliminate black holes. In the shutdown, demand surged for toilet paper and guns.

Supply Chain Planning Software 440

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

Logistics Viewpoints

APRIL 3, 2024

Scope 1 emissions include all direct emissions that are generated from sources that are directly owned or controlled by an organization. The structures and design featured in the exhibition are sourced from biodegradable, sustainable materials to minimize carbon footprint. Not all emissions are created equally.

Manufacturing Procurement 264

Manufacturing Procurement Sustainability Manufacturing Supply Chain Design 264

DELMIA Quintiq

FEBRUARY 18, 2021

In 2015, I joined Dassault Systèmes (3DS), more specifically the DELMIA brand, whose portfolio helps industries by connecting the virtual and real worlds of value networks to collaborate, model, optimize, and perform in the ambit of manufacturing and operations. Source : Designing Disruption. Figure 1 : Potential use case benefits.

Sustainability 363

Sustainability Optimal Sourcing Waste Reduction Resource Reduction 363

Logistics Viewpoints

AUGUST 23, 2021

In some industries, suppliers account for over 80 percent of the value of the products that are produced. In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers.

Optimal Sourcing 286

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Modeling Software 286

Supply Chain Shaman

APRIL 30, 2020

The problem is that there is no clear supply chain leader in the pharmaceutical industry. The industry, with a typical operating margin of more than 20%, lags the distribution capabilities of other industries. The industry planning team expertise lags the consumer goods, and hi-tech industries. Recommendation.

Supply Chain Design Software 355

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

Logistics Viewpoints

JULY 23, 2024

Collaborative discussions can help identify relevant data sources and metrics that capture the end-to-end supply chain process and align with overall business goals. Leveraging their industry knowledge and experience will streamline the process of identifying and collecting the data needed to fuel AI-driven insights and decision-making.

Optimal Sourcing 274

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 274

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Networks and Sourcing.

Supply Chain Network Software 255

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 255

ivalua

JUNE 26, 2023

The symposium brought together CTO’s, procurement professionals, and industry experts to share insights that will shape the future of procurement. In our recap, we’ll dive into the key takeaways from the event and what they mean for the industry. The answer is simple – automation. See you soon!

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

Logistics Viewpoints

AUGUST 24, 2022

Within the semiconductor industry, especially as the Covid-19 pandemic hit, execution is key. Brent pointed out that Covid created small interruptions for many companies in terms of sourcing semiconductor chip materials. Another disruption facing the company, and the industry, was the face mask shortage.

Sourcing Strategies 237

Sourcing Strategies Material Savings Resource Reduction Manufacturing Procurement 237

Logistics Viewpoints

OCTOBER 10, 2022

spoke on best practices on supply chain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. Autoliv is the world’s largest safety system supplier in automotive industry. Autoliv is the largest supplier of safety systems to the automotive industry. The implementation was not trivial.

Supply Chain Risk Management 259

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 259

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. From global to local and regional sourcing. Marco Tieman – CEO, LBB International.

Innovation 244

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

Supply Chain Shaman

MAY 9, 2023

As a contrarian voice in the industry, I want to share some research to steer the conversations towards a more fact-based dialogue. (I The industry is full of strong opinions. The panel group is sourced from my group of LinkedIn followers. Too much is dependent on not getting caught up in industry groupthink. The reason?

S&OP 344

S&OP Supply and Demand Supply Chain Planning Software Sourcing Strategies 344

Logistics Viewpoints

JANUARY 11, 2024

Additionally, your platform still needs to provide your operations with an open portal into the common data lake, establishing access to a source of truth from any system or device in near real-time. Data will increasingly feed modern, emerging AI and ML applications and populate decision dashboards in all areas of industry.

Supply Chain Planning Software 267

Supply Chain Planning Software Supply Chain Network Software Analytics Software Forecasting Software 267

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

This is the challenge that industries face all around the world. Ideally one man’s trash is another man’s treasure, but that takes coordination of people in different industries. In one example, Crust Group in Singapore provides a Southeast Asian example of a cross industry “circular economy” partnership. Sure there is.

Manufacturing Procurement 245

Manufacturing Procurement Material Savings Singapore Waste Reduction 245

Supply Chain Shaman

JULY 25, 2021

I find the industry complicit. To make the point, let me share an orbit chart for four industries (reference Figure 1). While some might claim that the industry made progress, the facts show that the industry margin decreased precipitously in three of the four industries shown. How could the industry spend 1.7%

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Logistics Viewpoints

OCTOBER 18, 2023

Source: J.P. However, imports of industrial supplies appear to be declining. Morgan Global Manufacturing PMI compiles data from S&P Global and other sources from countries across the globe and weighs the countries based on annual manufacturing value added. I believe this category is worth watching to see if it rebounds.

Manufacturing Procurement 302

Manufacturing Procurement GEP Purchasing Skills Logistics 302

Logistics Viewpoints

SEPTEMBER 4, 2024

From raw material sourcing to end-of-life disposal, each step is recorded securely on a distributed ledger. This offers industries a way to meet growing demands for transparency and accountability, especially from regulators and consumers. Sharding is another technique being examined by industry stakeholders.

Supply Chain Design Software 269

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Modeling Software 269

Supply Chain Shaman

JULY 31, 2024

In short, the research tells me that the manufacturing industries are stuck. What is the role of make, source, and deliver? Define a proactive approach and the value/economies of scale of planning manufacturing/transportation and sourcing together. I am also writing the new edition of the Supply Chains to Admire.

Supply Chain Planning Software 323

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 323

ivalua

JUNE 11, 2023

Source Implications for Organizations Expanded Reporting Requirements: Under the CSRD, a broader range of companies will be obligated to report non-financial and sustainability information. As an industry analyst, he researched and advised organizations in various industries​ on best ​and innovative practices, digitization and optimization.

Optimal Sourcing 246

Optimal Sourcing Supply Chain Software Procurement Sourcing Strategies 246