The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

A survey conducted earlier this year by IDC Manufacturing Insights across Asia Pacific manufacturers found that organisations are currently focusing ESG efforts related to environmental sustainability on the following (1) : Energy efficiency requirements of products and operations. Reduction in waste and driving cost efficiencies.

Resource Reduction 243

Resource Reduction Supply Chain Design Software Resources Sustainability 243

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

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

Logistics Viewpoints

APRIL 26, 2021

For example, a vaccine manufacturer increased their order size by a factor of four in one weekend; a video call company wanted to receive ten times as much product as they initially forecast with just a month’s lead-time. Pure Storage’s manufacturing is done at three contract manufacturing sites, two in Texas and one in the Czech Republic.

Supply Chain Design Software 221

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Czech Republic 221

Logility

JUNE 30, 2022

resigned from their jobs in durable goods manufacturing. The labor supply is shrinking in Germany, Poland, Russia, and Japan, and contraction is expected to quicken. Roughly 25% of workers plan to change jobs in 2022. In February alone, 22,000 people in the U.S. It’s a global problem. China, which had a worker surplus of 55.2

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 173

Supply Chain Matters

DECEMBER 4, 2023

In our prior highlights and perceptions of September and October published indices , we observed that the numbers once again signaled continued contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. in November.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

DELMIA Quintiq

AUGUST 15, 2022

While the worst of Covid-19 seems to be over, manufacturers are still reeling from the after-effects of the disruptions caused by the pandemic. This could mean reducing fuel consumption, machine CO 2 emissions, or transitioning their energy to hybrid, electric or hydrogen sources. Supply Chain Instability. Customer Case Study.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Modeling Software 156

ToolsGroup

JANUARY 6, 2022

Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. These businesses often collect tires of high quality as spare inventory and do not have the infrastructure in place to sell them. It’s time to re-think how our products are manufactured and distributed.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

QAD

APRIL 4, 2023

QAD has bolstered our cloud offerings with new adaptive manufacturing and supply chain capabilities that enhance user productivity and support informed and intelligent decision-making. It provides the production insights needed to rapidly respond to unplanned inventory shortages, equipment failures and productivity slowdowns.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Modeling Software 98

SYSPRO Smarter ERP

NOVEMBER 8, 2021

For example: Japan earthquake 2016. One source reports disruptions increased over 60% between 2019 and 2020. JIT(Just-In-Time) deliveries and lean manufacturing (reducing times in production and in supplier response) were the goals of many manufacturers. Source: McKinsey. Review sourcing and suppliers.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Supply Chain Strategy 116

Supply Chain Matters

AUGUST 29, 2023

Global auto producer Toyota encountered a “ systems related ” shutdown of auto production operations across Japan according to multiple news reports. A company statement indicates that the automaker was scheduled to resume production operations by the start of the second work shift today among its 14 Japan based production plants.

Supply Chain Planning Software 59

Supply Chain Planning Software Inventory Management Software System Japan 59

Supply Chain Matters

JULY 20, 2022

Our annual predictions advisory began with a summary of prevailing global economic, financial and manufacturing outlooks. Reported research from Bloomberg Intelligence indicated that the retail industry is holding at least 20 percent more inventory than they have on average over the past three years. percent of GDP to 6.2

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Supply Chain Strategy Supply Chain 98

Unleashed

APRIL 15, 2020

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation?

Inventory Reduction 89

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 89

Supply Chain Game Changer

OCTOBER 6, 2022

I am a proponent of dual sourcing. The vulnerabilities with sole sourcing are very real. The concept of only bringing in inventory on demand is very compelling when inventories are considered costly, wasteful and cash drains. used to be the manufacturing leader in this space it is now a minor player.

Supply Chain Design Software 86

Supply Chain Design Software Manufacturing Procurement Modeling Supply Chain Design 86

Supply Chain Matters

AUGUST 3, 2023

The July numbers signal a continued downturn in global manufacturing conditions with output and new order rates reportedly falling at faster rates. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Manufacturing production reportedly decreased for the second consecutive month.

Manufacturing Procurement 52

Manufacturing Procurement Global Taiwan Optimal Sourcing 52

Unleashed

JULY 25, 2021

Let’s look at how smart food businesses can reduce their waste – and how the right food manufacturing software helps them do it. How can food and beverage manufacturers reduce their waste? The following five strategies can help food and beverage manufacturers to manage and reduce their food waste: 1.

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

Logistics Viewpoints

JULY 9, 2021

The kick-off to the 2020 Summer Olympics in Tokyo, Japan is just two weeks away, after being postponed last summer due to the Covid-19 pandemic. Earlier this week, a resurgent coronavirus forced Japan to declare a state of emergency in the capital that will run throughout the event. Descartes acquires GreenMile. Rob Spilman Jr.,

Logistics Network Optimization Software 183

Logistics Network Optimization Software Logistics Price Reduction Finland 183

Kinaxis

OCTOBER 1, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. We saw this type of issue over the past several years with the Japan earthquake / Tsunami in and with the Thailand floods. If your demand decreases, you have excess inventory or idle capacity.

Supply Chain Risk Management 255

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 255

ThroughPut

MAY 31, 2022

Capacity and inventory buffers: Building buffer capacity is the simplest way to build supply chain resilience, whether by way of maximizing productivity or building inventory to ensure that stockouts never happen – while at the same time ensuring that overstocking and wastage are never an issue.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Inventory Reduction Supply Chain Strategy 52

Logility

OCTOBER 18, 2022

Prior to the pandemic, efficiency meant just-in-time manufacturing, but disruptions exposed the flaw in this approach. Rethink just-in-time inventory policies: There could be another pandemic or another war. Technology leapt to the forefront as visibility into the entire supply chain became essential.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Based in Paris, L’Oréal is a global personal care manufacturing company.

Case Study 263

Case Study Inventory Reduction Agile and Lean Supply Chain Study 263

Unleashed

APRIL 20, 2020

The health of manufacturers is a good indicator of the health of the economy. To measure this, we turn to the Purchasing Managers Index (PMI). A PMI score above 50 means manufacturing is growing. Global manufacturing data shows the pandemic impact: US manufacturing PMI fell to 48.5 in March 2020, down from 50.7

Agile and Lean Supply Chain 81

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Planning 81

SYSPRO Smarter ERP

APRIL 13, 2022

Just as manufacturers and distributors were starting to climb out of the ‘COVID hole’, they’ve been knocked back in. Unpacking expected disruptions across the supply chain for manufacturers and distributors. This will in turn impact manufacturing operations up- and downstream as much as raw material mining.

Supply Chain Planning Software 111

Supply Chain Planning Software Price Reduction Cost Reduction Strategies Material Savings 111

The Network Effect

AUGUST 25, 2014

As a result, when tragedy strikes like an earthquake affecting Japan or flooding rains overwhelming Bangkok, automakers and electronics manufacturers are unable to identify which of the suppliers upstream in their value chain may have been impacted.

Supply Chain Design Software 204

Supply Chain Design Software Supply Chain Design Manufacturing Procurement Supply Chain Strategy 204

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

SCMDOJO

FEBRUARY 19, 2024

Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). – Operational improvements (reduction of lead time, increase in productivity, and reduction in work-in-process inventory, etc.). Hoerl, R.W.,

Six Sigma 98

Six Sigma Optimal Sourcing Continuous Improvement Agile and Lean Supply Chain 98

Unleashed

APRIL 3, 2020

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation?

Inventory Reduction 52

Inventory Reduction Inventory Purchasing Skills Cost Reduction Strategies 52

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. New Study Shows a Rise in US Company Inventories. Source: Commerce Dept. Source: SupplyChainDigest.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

AFFLINK

OCTOBER 8, 2020

When there’s even a small disruption, companies that maintain minimal inventory levels to reduce holding costs or are dependent on always using the lowest-cost providers are most at risk. Companies with resilient supply chains overall grow more rapidly because they can source products faster when consumer demands changed.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Optimization Manufacturing Procurement Inventory Reduction 62

ThroughPut

MAY 23, 2024

The Bullwhip Effect is a phenomenon where slight fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesale, distributor, and manufacturer levels. Each can lead to increased variability in orders, higher inventory levels, and greater challenges in production planning and capacity management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Price Reduction 52

Supply Chain Matters

JULY 7, 2022

The Supply Chain Matters blog highlights select June and Q2-2022 global manufacturing and supply chain indices, with the data indicating increased headwinds and challenges in the months to come. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. Select Regional Highlights.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

Unleashed

MAY 10, 2020

As governments and hospitals work to stamp out Covid-19, manufacturers are also struggling to manage the virus’ impact on their supply chains. Many are quick to blame just-in-time (JIT) manufacturing for their lack of components and raw materials. We’ll take a closer look at: Pull inventory systems. Pull inventory systems.

Agile and Lean Supply Chain 72

Agile and Lean Supply Chain Waste Reduction Supply Chain Planning Software Supply Chain Design Software 72

Supply Chain Matters

MARCH 3, 2022

The Supply Chain Matters blog highlights February global manufacturing and supply chain indices and challenges relative to product demand and supply network imbalance levels in the first quarter of 2022. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The IHS Markit Manufacturing PMI™ reported a value of 57.3

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

Kinaxis

NOVEMBER 19, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #6 Not effectively managing inventory. In addition to losing customers like me, those mistakes result in bad data that cost manufacturing companies millions of dollars.

Supply Chain Planning Software 255

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Forecasting 255

Taulia

APRIL 13, 2022

In some cases, creating a finished product involves sourcing numerous different items from different locations – all of which have to be aligned if the process is to work smoothly. The supply chain typically spans a number of steps as items move between the supplier, manufacturer, distributor, retailer and consumer.

Supply Chain Disruption 98

Supply Chain Disruption Supply Chain Optimization Supply Chain Planning How To 98

EMERGE App

MAY 28, 2019

Unlike Software as a Service providers such as EMERGE App, traditional businesses need to purchase and store stock before they can sell them, hopefully, for a profit. It is this time between purchasing stock and re-selling them that is critical for these businesses. What Does Reducing Your Inventory Mean? Embrace Good Habits.

Inventory Reduction 45

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 45

Logistics Bureau

OCTOBER 6, 2024

5 S (Sort, Set in Order, Shine, Standardize, Sustain) A workplace organization method originating from Japan. They consider factors like demand forecasts, inventory levels, and production capacities to create efficient production and distribution plans. Each ‘S’ represents a step in the process. Not that common.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 70