Kinaxis

OCTOBER 1, 2014

by John Westerveld Reason #5: Not having a supply chain risk management process. Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. If your demand decreases, you have excess inventory or idle capacity.

Supply Chain Risk Management 255

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Unleashed

DECEMBER 7, 2020

What is supply chain risk management? Supply chain risk management is the process of identifying and managing issues within a supply chain. ordinated approach to implementing strategies to manage both daily challenges and unique risks.

Supply Chain Risk Management 76

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Resilinc

FEBRUARY 22, 2021

A common challenge for procurement and supply chain professionals is obtaining support from C-level leaders to invest in a robust supply chain risk management (SCRM) program. Collaborate with stakeholders in finance, sales, manufacturing, etc., Ready for a more resilient supply chain?

Supply Chain Risk Management 62

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Supply Chain Game Changer

JUNE 16, 2020

While most jobs are not life threatening the level of risk is still prevalent. What are the risks that Supply Chain people deal with every day and what is Supply Chain Risk Management? Supply Chain Risk Management. What is we had a chemical explosion?

Supply Chain Risk Management 57

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Talking Logistics

JUNE 10, 2015

Over the past two years, I’ve written extensively about the growing importance of supply chain risk management and supply chain mapping. See for example: Rethinking Supply Chain Risk Management. Doing Nothing on Supply Chain Risk Management.

Supply Chain Risk Management 100

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Supply Chain Game Changer

NOVEMBER 2, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! In today’s world, supply chains are more important than ever. In fact, 89% of businesses encountered a supplier risk event in the last five years. Manufacturing.

Supply Chain Planning Software 96

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Logility

FEBRUARY 23, 2016

Those sources of risk must be considered and planned for, perhaps mitigated by placing costly “just-in-case” raw, component and finished goods inventory at strategic locations to ensure the plant is not shut down and the customer is not effected when (not if) a supply chain disruption occurs.

Supply Chain Risk Management 100

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Logistics Viewpoints

SEPTEMBER 26, 2022

Raising interest rates leads to manufacturers deciding to forego capital investments; construction slowing down; declining sales of white goods, cars and trucks; and pressure on banks. This is an 80% drop year on year drop. When the Federal Reserve (the Fed) believes inflation is too high, they raise interest rates.

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Logistics Viewpoints

OCTOBER 17, 2024

For instance, suppliers may have strong Vendor Management process expertise that will help reduce working capital. Or they may have expertise in manufacturing processes and have flexible capacity to allow contract manufacturing for new product introduction.

Manufacturing Procurement 243

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Supply Chain Matters

AUGUST 3, 2022

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. slipping 2.3

Manufacturing Procurement 99

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Logistics Viewpoints

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Supply Chain Chaos is the New Norm. Do I need more inventory?

Supply Chain Visibility 228

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DELMIA Quintiq

APRIL 21, 2020

Managing exceptional risks requires insights and visibility of key information – this gives you the ability to minimize the impact of these unexpected, yet huge disruptions. It is a necessary part of supply chain risk management. But what are the characteristics of a resilient supply chain?

Modeling 302

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ivalua

MARCH 16, 2021

One such organization was Navistar, a leading manufacturer of commercial trucks, busses and proprietary engines that recently participated in a series of CPO interviews conducted by Ivalua and Art of Procurement. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.

Manufacturing Procurement 130

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Logistics Viewpoints

NOVEMBER 13, 2014

The need for track and trace capabilities in industries such as food and beverage, manufacturing or automotive industries is obvious: the threat of contamination or recalls impacts public safety, and the responses to those events are highly regulated. Organizations need to know what goes into their products and their location at all times.

Reverse Logistics 193

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Logistics Viewpoints

SEPTEMBER 25, 2024

In manufacturing, IoT sensors ensure that each step of the process is tracked, ensuring that all materials meet required quality standards. Throughout the supply chain, IoT devices monitor products as they move, tracking critical factors including transportation conditions and environmental parameters.

Internet of things 258

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Kinaxis

OCTOBER 20, 2014

by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #3 Not having end-to-end supply chain visibility. Reason #4 Making key decisions by modelling the supply chain in Excel. and it didn’t leak.

Supply Chain Planning Software 257

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The Logistics & Supply Chain Management Society

JANUARY 13, 2021

Considering operational supply chain issues around the globe. Customer service, parts shortages, unprecedented inventory growth, and warrant management can actually take up internal sources and affect profit margins. This could cause failure to manage inventory, causing disruption to the business, resulting in stock-outs.

Vietnam 35

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ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

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Supply Chain Matters

OCTOBER 4, 2022

Supply Chain Matters provides our monthly highlights commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Now, with September and full Q3 reporting available, global manufacturing activity has officially fallen below the 50.0 The September 2022 J.P.

Manufacturing Procurement 52

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Supply Chain Matters

OCTOBER 12, 2022

In this Supply Chain Matters posting we highlight published September 2022 indices of global supply chain volatility ( GSPI ) and US Logistics Index ( LMI ) activity trends along with our view of the implications. The takeaway for September was that global manufacturing activity officially fall below the 50.0

Inventory Reduction 59

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Supply Chain Matters

MARCH 2, 2023

Supply Chain Matters provides highlights of February 2023 reported global and regional PMI indices which appear to indicate some stabilization within global supply chain networks. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. United States Two indices of U.S.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Logistics Viewpoints

APRIL 4, 2022

For some customers, they manage the inventory using a vendor managed inventory program. In some case they manage inventory at the customer’s site. “We We don’t have one supply chain,” this vice president of supply chain explained to me, “we run very customized supply chains.”

Supply Chain Transformation 216

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Kinaxis

SEPTEMBER 6, 2017

This has led to increased costs, not to mention all the inventory stuck in-transit. For example, let’s say you modeled the lead time from “supplier A” to your manufacturing facility as 7 days. But it could be any supply chain assumptions that go into your planning system, such as capacities, yields, order multiples, etc.

Supply Chain Planning Software 241

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Supply Chain Game Changer

AUGUST 17, 2021

Subscribe to Supply Chain Game Changer. Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! International Supply Chain disruptions article and permission to publish here provided by Adam Smith. In the realm of manufacturing, communications can be a major setback.

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Logistics Viewpoints

NOVEMBER 30, 2023

In today’s interconnected world, the distribution industry has become increasingly complex and reliant on technology to manage inventory, track shipments, and communicate with suppliers and customers. Additionally, the global nature of supply chains means that companies are increasingly exposed to cyber threats from overseas.

Warehousing 274

Warehousing Distribution Cost Reduction Strategies Vendor Strategies 274

Talking Logistics

JUNE 5, 2017

In countless surveys over the past decade, manufacturers and retailers rank “improving supply chain visibility” as one of their top priorities. Yet, despite their focus on this effort and advancements in technology, achieving timely, accurate, and complete supply chain visibility remains an elusive goal for many companies.

Supply Chain Software 123

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ToolsGroup

APRIL 1, 2022

Industry professionals have put in tireless hours and taken strategic measures to keep the supply chain moving and meet customer demand. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities.

Material Savings 207

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Talking Logistics

APRIL 18, 2016

s iPhones are manufactured. Over the past few years, I’ve written extensively about the growing importance of supply chain risk management and supply chain mapping, including the following: Rethinking Supply Chain Risk Management. Do You Have a “Top 25″ Supply Chain?

Ecuador 100

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Logistics Viewpoints

AUGUST 7, 2024

Implementing Cybersecurity Programs for Buildings: Simple Steps End users need to evaluate their risks by assessing likelihood and impact and then decide what actions, if any, are necessary to protect critical objectives like financial performance, safety, compliance, operational continuity, etc.

Warehousing 244

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Supply Chain Matters

JUNE 17, 2022

Inventory Management Assessment- Samsung Electronics. We noted in our editorial likely needs for comprehensive inventory management assessments especially given the risk of higher working capital costs are a result of higher interest rates. Samsung ’s inventory balances reportedly reached the equivalent of $36.9

Inventory Reduction 52

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Supply Chain Matters

APRIL 4, 2024

Supply Chain Risk Management Provider Avetta Acquired Stockholm based private equity firm EQT has reportedly agreed to acquire supply chain risk management software technology and managed services provider Avetta from existing private equity owners Welsh, Carson, Anderson & Stowe ( WCAS ).

Supply Chain Design Software 40

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Talking Logistics

SEPTEMBER 26, 2022

I have long argued that companies need to expand their definition of supply chain visibility. It goes well beyond tracking shipments, orders, inventory, and assets in motion.

Supply Chain Visibility 144

Supply Chain Visibility Freight Supply Chain Supply and Demand 144

Kinaxis

OCTOBER 2, 2014

In this video hear, Gary Dietz, Manager, Global Logistics and Supply Integrated Supply Chain and Logistics, Kennametal, as he discusses the challenges his company faces in gaining full visibility of supply and demand, and in dealing with increasing supply chain volatility.

Demand Planning Software 177

Demand Planning Software Supply Chain Planning Software Inventory Management Software Supply and Demand 177

Kinaxis

AUGUST 18, 2014

I watched a TED Talk video by Philip Evans, from Boston Consulting Group and shuddered to think that all our traditional fulfillment and inventory models can be drastically transformed by the “consumer”. As a supply chain practitioner, do you notice something missing? Where is the supply chain nodes?

Modeling 263

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Enterra Insights

FEBRUARY 2, 2023

The Covid nightmare also exposed how dependent many countries are on Chinese manufacturers and suppliers. According to economist James Rickards , reliance on Chinese manufacturing makes supply chains dangerously stretched. He explains, “Globalization failed because we stressed the supply chain too much.

Supply Chain Software 130

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Exiger Perspectives

SEPTEMBER 10, 2024

The Data Ocean Dilemma Data is vital in tackling today’s most significant supply chain risks , allowing organizations to gain deeper visibility and map out their supply chain to protect themselves against disruptions and regulatory noncompliance.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Software Supply Chain Optimization Optimal Sourcing 52

Resilinc

AUGUST 17, 2021

In First Quarter earnings calls, Exxon Mobil, Dow, and LyondellBasell all reported that they were “selling everything they produce and [didn’t] anticipate being able to restock inventories until the third or fourth quarter.”. In China, building up inventories is a trend that predated the pandemic.

Forecasting 62

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