Supply Chain Matters

MAY 31, 2022

Last week both Bloomberg and The Wall Street Journal reported the departure of yet another senior manufacturing executive at Rivian Automotive as well as an overall reorganization. As noted in our January update, the manufacturer announced the news that the Chief Operating Officer had departed the company in December 2021.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Procurement Solutions North America 52

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. The State of Supply Chain 2016 Trends.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

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. That’s an increase from 17% in 2017.

Supply Chain Planning Software 298

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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

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

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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. This report indicates that “ Foxconn has invested hundreds of millions of dollars in E.V.-related

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Negotiating Skills Purchasing Skills 52

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

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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

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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?

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

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

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

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

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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

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

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

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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.

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Manufacturing Procurement Supply Chain Design Software Procurement Analytics Inventory Reduction 52

GlobalTranz

OCTOBER 16, 2018

E-commerce is growing faster than ever, and more consumers are leveraging online platforms in making purchasing decisions. In fact, two-thirds of consumer shopping journeys include internet research, reports McKinsey & Company , as well as word-of-mouth recommendations and past experiences.

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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

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

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. Where i is working week, MC is count of different manufactured items in week i, and DC is count of different demanded items in week i. 9, 2010.

Supply and Demand 169

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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

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Supply Chain Matters

NOVEMBER 3, 2023

The reported strategy is to construct 14 assembly lines that can produce batteries for either hybrid, plug-in hybrid, or fully electric powered vehicles. The reported strategy is to construct 14 assembly lines that can produce batteries for either hybrid, plug-in hybrid, or fully electric powered vehicles.

Material Savings 52

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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 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 Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

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

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Efficiency and cost management. fashion, automotive, spare parts, airlines).

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Enterra Insights

SEPTEMBER 28, 2020

From demand planning to manufacturing to trade promotion optimization, data is essential for almost every aspect of consumer packaged goods (CPG) company operations. … With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts. Data and advanced analytics.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

USC Consulting Group

AUGUST 11, 2020

The novel coronavirus has produced a lot of uncertainty, and for manufacturers in the pulp and paper industry, that includes uncertainty related to demand. In March, for instance, online sales rose 25% and online grocery shopping soared 100% in terms of daily receipts, USA Today reported from a study done by Adobe Analytics.

Procurement Analytics 59

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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

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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

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.

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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

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Supply Chain Matters

OCTOBER 22, 2024

Some industry reports point out reluctance to route January 2025 import volume via east coast ports because of ongoing uncertainty. West Coast Port of Los Angeles reported 27 percent higher container volumes processed in the period from July to September. A published report by Business Broadcasting Network CNBC titled: U.S.

Negotiating Skills 52

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Enterra Insights

APRIL 22, 2019

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. Walmart recently made headlines when it toughened delivery demands for its suppliers.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

Precoro

SEPTEMBER 4, 2023

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. The cash conversion cycle is a significant financial metric for retailers and manufacturing companies involved in buying and managing inventories and selling them to customers.

Optimal Sourcing 59

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Supply Chain Opz

NOVEMBER 12, 2016

Therefore, the challenge to establish ranking method is to find more economical data source and unbiased metric. The content is good then people refer to it often (number of citations is also used to measure the importance of journal articles aka Impact Factor). How about its counterpart in Europe?

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