Supply Chain Matters

DECEMBER 4, 2023

Supply Chain Matters provides a further global supply chain assessment in the highlights and added insights on reported November 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. reported in October.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics.

Supply Chain Planning Software 298

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

Supply Chain Matters

AUGUST 19, 2024

Supply Chain Matters highlights contract manufacturing services provider Foxconn ’s reported Q2-2024 financial performance in light of a broader strategy to diversify the company services beyond that of Apple. Financial performance headlines included: Total quarterly revenue growth of 19 percent to NT $1.6

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Negotiating Skills Purchasing Skills 52

Supply Chain Matters

APRIL 24, 2023

Background In a published Supply Chain Matters posting in March, we informed our readers that global automotive manufacturer Volkswagen announced that it was investing in a battery production site in Canada to support North America electric vehicle assembly needs. Thomas , Ontario , upwards of a two hour drive from Detroit.

Canada 52

Canada Procurement Analytics Manufacturing Procurement Purchasing Skills 52

Supply Chain View from the Field

NOVEMBER 16, 2013

I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. You can download the full report at this link. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction.

Manufacturing Procurement 60

Manufacturing Procurement Procurement Analytics Optimal Sourcing Study 60

SCM Research

JUNE 24, 2021

The influential Chartered Association of Business Scholars has just published its Academic Journal Guide 2021. I have looked at the ranks for 15 major OSCM journals. Once again, only the following OSCM journals were classified in category 4*: Journal of Operations Management , Management Science and Operations Research.

Journal 28

Journal San Francisco Manufacturing Procurement Procurement Analytics 28

Supply Chain Matters

SEPTEMBER 6, 2023

Supply Chain Matters provides highlights perspectives and added insights on reported August 2023 global and regional production and supply chain PMI indices. The August numbers once again signal a continued downturn in global manufacturing conditions as output and new order rates continue to fall. reported for July and 48.8

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

USC Consulting Group

DECEMBER 5, 2018

But as buyers bolt to malls to take advantage of last-minute deals and purchase gifts online, manufacturers here and abroad are navigating a holiday rush all their own. This is why manufacturing organizations must develop and deploy specific operational strategies designed to achieve favorable results during peak season.

Manufacturing Procurement 56

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Manufacturing 56

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. Sourcing was both a cost as well as landed cost decision factor.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Unleashed

JUNE 15, 2023

The Cost of Goods Sold formula is: Opening Inventory + Purchases + Production Costs – Closing Inventory = Cost of Goods Sold Below, we explain what the cost of goods sold (COGS) is, why it’s important for product businesses, and how to calculate COGS using the cost of goods sold formula.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Examples Cost Reduction Strategies 52

Arena Solutions

OCTOBER 25, 2024

The EV Outlook: How Current Trends, Obstacles, and Evolving Regulations Affect EV Manufacturers and Consumers Full transcript below: Tom Stone Hello. He’s got nearly 20 years’ experience in manufacturing. My name’s Tom Stone, I’m Editor Director of Electric & Hybrid Vehicle Technology International.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Trends Supply Chain Design Software 52

Supply Chain Shaman

SEPTEMBER 5, 2022

These teams are also more advanced in the use of planning and more advanced analytics concepts. Business continuity continues to be a risk for many retailers and manufacturers. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. My take away? Is this a conscious and deliberate decision?

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

Enterra Insights

DECEMBER 16, 2021

”[1] His prediction proved accurate. Department of Agriculture (USDA) reported, “The food-at-home (grocery store or supermarket food purchases) CPI increased 1.1 ”[2] The USDA went on to predict, “In 2022, food-at-home prices are expected to increase between 1.5 In November, the U.S. ”[6].

Supply Chain Design Software 130

Supply Chain Design Software Pricing Training Predictive Analytics Software Purchasing Skills 130

Supply Chain Matters

JULY 11, 2023

The Supply Chain Matters blog highlights Rivian Automotive’s reported operational performance in the latest quarter, but at the same time continued challenges in the months to come. Rivian will be reporting its Q2 financial results after the stock market close of business on August 8 th. billion as compared to $4.7 billion in 2021.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Procurement Analytics Inventory Reduction 52

Unleashed

AUGUST 28, 2023

The cost of sales is an inventory accounting metric that measures the accumulated costs in getting finished goods to market. It represents your true cost of creating and selling a product. Cost of sales is the accrued total of all the costs of supplying a product.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Cost Reduction Strategies Examples 52

Supply Chain Matters

MAY 3, 2022

In this Supply Chain Matters commentary, we highlight the latest quantitative data related to global manufacturing PMI activity levels for April. Global Manufacturing Output Levels Declined. The Global Manufacturing Output sub-index reportedly dropped to a contraction value of 48.5 reported for March. reported for March.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

USC Consulting Group

NOVEMBER 11, 2020

One of the most successful and widely utilized in the manufacturing sector is just-in-time inventory. Although not exclusive to manufacturers, lean manufacturing — as it’s more commonly known — is designed to improve process efficiencies by minimizing waste and maximizing output, producing just enough volume to sell quickly.

Manufacturing Procurement 52

Manufacturing Procurement Agile and Lean Supply Chain Lean Waste Reduction 52

Enterra Insights

OCTOBER 26, 2021

In the age of e-commerce, the digital path to purchase has a side trail called “Returns.” ” Journalist Suzanne Kapner reports, “The share of online purchases that are returned averages 30% or higher, depending on the category, three times the rate in physical stores.”[1] Return the Item to the Manufacturer.

Waste Reduction 130

Waste Reduction Reverse Logistics Inventory Reduction Cost Reduction Strategies 130

Kinaxis

MARCH 21, 2017

The master production schedule suffers from very intense and short term production schedule variations and purchased materials unavailability. Manufacturing flow simplifications. Alternative sources for parts. 1] International Journal of Engineering, Science and Technology, Vol.2, 9, 2010.

Supply and Demand 169

Supply and Demand Demand Planning Software Optimal Sourcing Manufacturing Procurement 169

Enterra Insights

JULY 9, 2021

For example, Michael Browne ( @mbtravel ), Executive Editor of Supermarket News , reports, “Panic-driven, stock-up shopping drove massive grocery store visit growth in the first few weeks of March 2020.”[1] notes, “It’s the most cost-effective to have the customer pick their own goods.”[7] percentage points).

Procurement Analytics 130

Procurement Analytics Purchasing Skills Price Reduction Food 130

Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Purchasing Skills 59

Supply Chain Matters

JULY 6, 2023

Supply Chain Matters provides highlights and perspectives on reported June 2023 and Q2-2023 quarterly global and regional PMI indices. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Enterra Insights

SEPTEMBER 13, 2022

” As Howland notes, what changed was how manufacturers marketed their goods. The conundrum, Howland notes, was this: “With the extra marketing and extra cachet, products became more expensive, bulking up margins for manufacturers and retailers alike. Brand name manufacturers didn’t rest on their laurels.

Packaging 130

Packaging Manufacturing Procurement Food Procurement Analytics 130

Supply Chain Matters

MAY 5, 2023

Supply Chain Matters provides highlights of April 2023 reported global and regional PMI indices which continue to reinforce a state of contraction level stabilization within global supply chain networks. Some good news is that the reported data reinforces that global supply chain wide pressures have eased considerably. declined 1.5

Manufacturing Procurement 52

Manufacturing Procurement Global Supply Chain Optimization Supply Chain Strategy 52

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. Based on reporting from the Wall Street Journal, the company hired Morgan Stanley to shop the company and package it for sale in 2014 with an expected evaluation of 800M$. The largest was the purchase of Lawson in 2011 for 2B$. It is clear.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Enterra Insights

JUNE 18, 2024

In response to high food prices, a survey by Kantar found, “Local and regional brands represented 47% of purchases, while private label sales increased by 0.5 ”[5] Journalists Stephanie Stamm and Jesse Newman report private labels and store brands are making big inroads. percentage points to reach 22.7%.

Price Reduction 130

Price Reduction Food Cost Reduction Strategies Expense Reduction 130

Supply Chain Matters

SEPTEMBER 19, 2022

The Supply Chain Matters blog provides another update on ongoing strategic sourcing and operational developments occurring among electric vehicle focused supply and production networks. According to industry data, five of the six most sold vehicles in July were electric-powered models.

Supply Chain Network Software 52

Supply Chain Network Software Network Optimization Manufacturing Procurement Supply Chain Planning Software 52

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. The company has strategically invested in automated distribution centers, streamlining the flow of products from manufacturers to stores.

Inventory Reduction 98

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 98

Enterra Insights

SEPTEMBER 29, 2020

Journalists Sarah Nassauer ( @SarahNassauer ) and Jennifer Maloney ( @maloneyfiles ) report, “Nearly six months into the coronavirus pandemic in the U.S., While some manufacturers and retailers had fairly mature omnichannel operations, other companies hastened to bolster their operations. .”[2]

Company 100

Company Manufacturing Procurement Omnichannel Procurement Analytics 100

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

ToolsGroup

DECEMBER 20, 2021

Every major publication and news outlet is reporting on the supply chain crisis. Most of the reporting has been pretty shallow, leaving all to wonder how it can be solved. . Image source: Bloomberg. Image source: American Journal of Transportation. Get the Report. But they’re primarily not new challenges.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

Supply Chain Matters

JANUARY 18, 2023

Supply Chain Matters highlights reports that Rivian Automotive fell short of its 2022 vehicle production goal and that several top executives have departed the company, including the company’s purchasing head. The EV auto maker’s original commitment at the start of 2022 was to produce 50,000 vehicles, but that was cut at mid-year.

Supply Chain Design Software 59

Supply Chain Design Software Expense Reduction Manufacturing Procurement Price Reduction 59

Enterra Insights

MAY 16, 2022

Andrew Kinder ( @Kinder_ai ), a Senior Vice President of industry and solution strategy with Infor, insists, “COVID-19 has taught manufacturers a bitter lesson. Fortunately, journalist Bridget McCrea reports, “Companies are thinking differently about how they design and orchestrate their supply chains.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Alloy Supply Chain Software 130

AB&R

NOVEMBER 20, 2023

The pandemic accelerated the Buy Online Pick Up in Store (BOPIS) model, which accounted for $72 billion in purchases in 2020, having greater inventory accuracy grew ever more important. Opportunities for manufacturing Walmart is not the only retailer that requires RFID – and you can expect many to follow suit. HAVE QUESTIONS?

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Forecasting Software 52

Supply Chain Matters

AUGUST 16, 2023

Rivian Automotive ’s recent report on quarterly financial performance provides evidence that this EV start-up is showing signs that the company has done its homework in supply chain and production operations industry basics. Net loss was reported as $1.2 That included total revenue of $1.1 billion, compared to $1.7

Supply Chain Design Software 52

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 52

Supply Chain View from the Field

JANUARY 14, 2015

Such systems are also instrumental in establishing aligned tactical and strategic performance metrics systems that drive improved economic outcomes (Bendoly et al., ERP systems are designed to integrate transactions from finance, human resources, procurement, operations, sales and marketing, logistics, and other functions in a firm.

Manufacturing Procurement 60

Manufacturing Procurement Negotiating Skills Purchasing Skills Procurement Analytics 60

BlueYonder

DECEMBER 22, 2020

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. A recent report by Morgan Stanley highlighted the growing importance of data, as well as the huge investments companies are making as a result. “In

Agile and Lean Supply Chain 94

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Supply Chain Software 94