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. For example, companies can track products throughout the entire lifecycle with RFID and GPS sensors.

Supply Chain Planning Software 298

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

Supply Chain Game Changer

JULY 2, 2021

Shipping container shortage article and permission to publish here provided by Sam White at Argentus. The massive global shipping squeeze. In their story about the shipping shortage, the CBC quoted shipping analyst Alan Murphy, who detailed how this changing demand has massively disrupted the global shipping market.

Shipping 105

Shipping Agile and Lean Supply Chain Supply and Demand Price Reduction 105

Supply Chain Matters

JULY 16, 2024

Citing informed sources, Bloomberg reported last week ( Paid subscription ) that Apple has informed its supply network partners that the company has established plans to ship 90 million of the soon to be announced new iPhone 16 devices. A source indicated to Bloomberg that pricey iPhone models have accounted for half of sales thus far.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Scenario Planning Manufacturing Procurement 52

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

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

Supply Chain Shaman

SEPTEMBER 5, 2022

Business continuity continues to be a risk for many retailers and manufacturers. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. Definition of Form and Function of Inventory: Source Supply Chain Insights. In my 68 years on this planet, I have never seen such deep discounts. My take away?

Supply Chain Planning Software 243

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

Resilinc

JANUARY 31, 2024

Diversify your supplier base Single sourcing presents a huge risk for companies in all industries, especially as geopolitical disruptions are on the rise. The goal is to be able to trace individual parts to the exact site where they are manufactured. Picture this: a critical part of your product is only made in one factory in Taiwan.

Supply Chain Risk Management 104

Supply Chain Risk Management Supply Chain Planning Software Risk Management Material Savings 104

Enterra Insights

AUGUST 2, 2019

He was hired as a purchasing agent and was directed to obtain some procurement training at a local certificate mill.[1] 1] “During the first few hours,” he writes, “we went over the pertinent areas of a purchase order. Two-day or same-day shipping is becoming the norm. ” Changing with the times.

Optimal Sourcing 100

Optimal Sourcing Manufacturing Procurement Logistics Network Optimization Software Logistics 100

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

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 According to the J.P. value, up from 53.1

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

Supply Chain Matters

AUGUST 24, 2022

Supply Chain Matters provides our readers added perspectives on this week’s reports indicating that Apple has initiated plans for production of the upcoming new model iPhone14 to be sourced from both China and India. Apple declined to comment on either the Bloomberg or Wall Street Journal published reports.

India 52

India Supply Chain Planning Software China Supply Chain Planning 52

Supply Chain Matters

MARCH 6, 2024

According to a published report by The Wall Street Journal ( Paid subscription ), this asset light company has recently elected to transition its business model to an auto dealership based vehicle distribution model. Shipping new vehicles from Austria to the U.S. based dealer network.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Supply Chain Planning Software Austria 52

ModusLink Corporation

NOVEMBER 18, 2021

Four fundamental practices: Based on (Ali Esfahbodi, 2016) research, Chinese and Iranian governments have focused their fight for SSCM based on four fundamental practices: sustainable procurement, sustainable production along with sustainable distribution , and reverse logistics. International journal of production economics (Vol.

Waste Reduction 78

Waste Reduction Sustainability Supply Chain Planning Software Material Savings 78

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 reporting from The Wall Street Journal , a Texas site could begin pilot refining operations as early as the fourth quarter of this year.,

Supply Chain Network Software 52

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

Unleashed

AUGUST 28, 2023

The cost of sales metric is most commonly used in the retail and eCommerce industries, whereas manufacturing businesses typically calculate profitability using the cost of goods sold formula instead. It includes employee wages and any shipping costs of the finished product. It only relates to those products you have sold.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Cost Reduction Strategies Examples 52

ToolsGroup

DECEMBER 20, 2021

Image source: Bloomberg. Higher container costs , resulting in container-by-container decisions on what to ship. Image source: American Journal of Transportation. Macro Supply Chain Issues Caused a Ripple Effect. Container availability , leaving importers scrambling to find space. 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

NC State SCRC

DECEMBER 13, 2021

However, it is also noteworthy here that many of the companies in the top 10 do not manufacture anything, but outsource their manufacturing to “contract manufacturers” such as Flex, TSMC, FoxConn, ThermoFisher, and others. The remainder largely rely on third parties to do so.

Supply Chain Planning Software 52

Supply Chain Planning Software Journal Supply Chain Strategy Supply Chain Software 52

Supply Chain Matters

SEPTEMBER 28, 2022

Included in this update is a report indicating that Apple has commenced production of the newly released iPhone14 in India, ahead of schedule, that the global shipping boom has now been declared over by one financial publication, and that the EU is seeking emergency supply network powers to prioritize deemed essential production.

Modeling 52

Modeling Supply Chain Planning Software Supply Chain Strategy Manufacturing Procurement 52

Supply Chain Matters

OCTOBER 25, 2022

West Coast Container Ship Backup Has Ended. In our Supply Chain Matters news capsule of September 27, we pointed out that business, supply chain and transportation media had reported this that the cost of shipping a container of goods from China to the U.S. Whereas the spot rate to ship a container from China to the U.S.

Ukraine 52

Ukraine Supply Chain Planning Manufacturing Procurement Los Angeles 52

Enterra Insights

SEPTEMBER 29, 2020

.” In other words, companies with the foresight to see consumers were increasingly taking the digital path to purchase were much better situated to serve customers when the pandemic forced almost everyone to become an online shopper. Manufacturers, however, are also getting more involved. The rush to omnichannel operations.

Company 100

Company Manufacturing Procurement Omnichannel Procurement Analytics 100

GlobalTranz

OCTOBER 16, 2018

E-commerce is growing faster than ever, and more consumers are leveraging online platforms in making purchasing decisions. Unfortunately, failure to use a TMS contributes to higher freight spend by limiting shipping capacity and forcing shippers to continue with spot rates among carriers.

Logistics Network Optimization Software 161

Logistics Network Optimization Software Inventory Management Software Analytics Software Supply Chain Software 161

Resilinc

OCTOBER 12, 2021

Mike Beckham, CEO of bottle and travel mug manufacturer Simple Modern, told the Wall Street Journal that a major Chinese supplier in Quzhou City had been forced to cut its workweek to four days and trim its electricity usage by a third. The world’s largest exporter since 2009, Chinese producers shipped $2.5

Pharmaceutical 62

Pharmaceutical Purchasing Skills Supply Chain Planning Software Supply Chain Planning 62

DAT Solutions

JULY 30, 2015

Jeff Tucker 's guest column in yesterday's Wall Street Journal pointed to the pivotal role of technology, including DAT Load Boards , in freight logistics today. If it works for taxi passengers, why not for shipping? Jeff also highlighted the contribution of freight brokers to the efficient movement of cargo.

Logistics Network Optimization Software 70

Logistics Network Optimization Software Journal Predictive Analytics Software Supply Chain Software 70

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. Source: Machine Learning – A Giant Leap for Supply Chain Forecasting, Material Handling and Logistics Conference (PDF, 28 pp.,

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

Talking Logistics

SEPTEMBER 7, 2018

The New First Moment of Truth: Can We Ship It Profitably? In this age of free shipping, it seems that for online orders, there’s a new first moment of truth: can we ship it profitably? Previously, the retailer would ship those items, regardless of distance or shipping cost.

Logistics Network Optimization Software 101

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Manufacturing Procurement 101

NC State SCRC

NOVEMBER 23, 2021

The current set of supply chain disruptions is being set off by a combination of COVID cases and energy disruptions in manufacturing hubs around the world, labor shortages, lack of capital infrastructure investment, misaligned transportation resources ( a lack of containers, ships, and trucks), and surges in consumer demand.

Resource Reduction 75

Resource Reduction Price Reduction Cost Reduction Strategies Material Savings 75

Supply Chain Shaman

OCTOBER 2, 2020

The organization is not clear on accepting special requests and expedited shipping policies, often resulting in a lower margin. Dan, new to the job, failed to remove the shipping bolts from the back of the washer. Starbucks redesigned their cups for the Grande product, and the flimsy cups were a source of constant spills and burns.

Customer Service 298

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 298

Enterra Insights

MAY 4, 2020

From the outset, key lessons related to knowing the supply chain were at the forefront — not just the final link but key sources of supply related to materials, having contingency plans for interruption of supply, and understanding the capabilities and vulnerabilities of critical elements within the value chain.”[4]. ”[4]. .”[5]

Supply Chain Planning Software 173

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Strategy 173

Supply Chain Matters

MAY 22, 2023

According to the April report commentary , the industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. Global Manufacturing Activity Levels Global manufacturing activity as depicted by the J.P. remains unclear.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

NC State SCRC

DECEMBER 15, 2022

In today’s Wall Street Journal , I was interviewed regarding a case that was just filed against Amazon by a large robotics , claiming that the e-commerce giant backed away from promises made early in the Covid-19 pandemic to support the supplier with millions of dollars in new purchases.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Manufacturing Procurement 52

Supply Chain Matters

SEPTEMBER 6, 2022

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period.

Report 52

Report Global Scenario Planning Forecasting 52

Supply Chain Matters

JULY 14, 2022

Laura Kelly jointly announced yesterday that the state of Kansas will be a new location for a proposed US-based lithium-ion battery manufacturing facility, pending approval by Panasonic Holdings Corporation Board of Directors. Other battery manufacturers that have elected to invest in U.S. location. is critical to help meet demand.”

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 52

Talking Logistics

APRIL 21, 2017

Now, moving on to this week’s supply chain and logistics news… Amazon won a patent for an on-demand clothing manufacturing warehouse (Recode). Cyber Insurance Becomes a Must for More Manufacturers (WSJ – sub. Source: Amazon patent. And the garage door company is coming this morning to replace the crumpled door.

Supply Chain Design Software 0

Supply Chain Design Software Logistics Network Optimization Software Demand Planning Software Manufacturing Procurement 0

Talking Logistics

FEBRUARY 9, 2018

Shipping with Amazon. This morning in the Wall Street Journal , Laura Stevens reports that “Amazon is preparing to launch a delivery service for businesses, positioning it to directly compete with United Parcel Service Inc. NTSB renews call for sleep apnea testing as part of investigation of rail accidents (Fleet Owner).

Logistics Network Optimization Software 104

Logistics Network Optimization Software Supply Chain Design Software Network Design Software Supply Chain Network Software 104

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

Unleashed

APRIL 20, 2023

An inventory accounting journal entry records your inventory transactions, helping to categorise your financial expenses and earnings. In this guide, we break down the different accounting methods used in product businesses and list 13 of the most important inventory accounting journal entries you need to know.

Journal 52

Journal Inventory Reduction Inventory Manufacturing Procurement 52

SCMDOJO

MARCH 25, 2022

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. However, topics such as logistics, logistics, physical sourcing and supply chain management are not included in these courses. NAPM published a new magazine, Purchasing Magazine, in 1965.

Supply Chain Planning Software 138

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 138