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. The Wall Street Journal reported that Tim Fallon, the existing Vice President of Manufacturing will remain in that role. . Rivian Automotive.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Procurement Solutions North America 52

Enterra Insights

MARCH 13, 2018

Gary Cokins ( @GaryCokins ), founder of Analytics-Based Performance Management LLC, asserts, “Analytics is becoming a competitive edge for organizations. Once being a ‘nice-to-have,’ applying analytics is now becoming mission-critical.”[1] Organizations are drowning in data but starving for information.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Analytics Software Predictive Analytics Procurement Analytics 100

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. We’ll discuss robotics solutions in more detail later in this guide.

Supply Chain Planning Software 298

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

Supply Chain Matters

JANUARY 24, 2023

The Supply Chain Matters blog highlights an initial report of 2022 holiday period and full year retail sales reported by the National Retail Federation. The National Retail Federation (NRF) has released its report on retail sales for both the November thru December 2022 holiday fulfillment period and for all of 2022.

Procurement Analytics 52

Procurement Analytics Report Price Reduction Forecasting 52

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. Profitability growth comes mainly from higher output volumes or added supply network sourcing services needs that Apple had provided.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Negotiating Skills Purchasing Skills 52

Supply Chain Matters

NOVEMBER 2, 2023

After reports last week indicating that Seattle based digital freight start-up services provider Convoy was preparing for a possible sale or winding down of business operations there are indications that freight logistics platform provider Flexport will be the acquirer of Convoy’s underlying technology.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software San Francisco 59

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

Supply Chain Matters

MAY 31, 2024

What has especially garnered my attention was a report published in The Wall Street Journal’s CIO Journal column , Sorry AI, Old-School Spreadsheets Are Still King. They de-facto represent a singular snapshot in the time of data gathering and defeat the purposes of having a “ single source of the truth.”

Supply Chain Planning Software 52

Supply Chain Planning Software Prescriptive Analytics Software Modeling Software Supply Chain Network Software 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

Purchasing Skills Negotiating Skills Examples Cost Reduction Strategies 52

Supply Chain Shaman

SEPTEMBER 5, 2022

These teams are also more advanced in the use of planning and more advanced analytics concepts. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. In contrast, finance flexes inventory up and down in less mature organizations to manipulate cash flow for either investor reporting or bonus incentives.

Supply Chain Planning Software 243

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

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

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$. I am not surprised.

Prescriptive Analytics Software 150

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

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. From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The August reported value rose to a three month high of 49.0

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

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

BlueYonder

DECEMBER 9, 2021

If the start of global COVID-19 pandemic accelerated e-commerce growth with millions of consumers purchasing products online, pandemic fatigue is now driving many consumers, at least in the U.S., According to the Wall Street Journal , U.S. According to Adobe Analytics, digital sales from Nov. back to in-person shopping.

Retail 94

Retail Real-time Visibility Purchasing Skills Procurement Analytics 94

Enterra Insights

SEPTEMBER 28, 2020

… 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 analytics and cognitive risk sensing are becoming increasingly important tools for organizations.” ”[2]. CPG industry and cognitive technologies.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Enterra Insights

MAY 6, 2021

Bits and bytes are pouring in from sources ranging from satellites and MRI scans to massive computer simulations and seismic-sensor networks, from security cameras to smartphones, from genome sequencing of SARS-Cov-2 to COVID-19 test results, from social networks to texts zipping from phone to phone.”[1] Descriptive analytics.

Prescriptive Analytics Software 130

Prescriptive Analytics Software Analytics Software Data Supply Chain Network Software 130

Supply Chain Matters

APRIL 30, 2024

Supply Chain Matters draws reader attention to a published report that depicts how branded company Nike made strategic mistakes in its online distribution strategy during the time of Covid , and how the shoe and athletic goods retailer is still recovering. They smack of Nike’s iconic branding message: Just Do it !

Inventory Reduction 52

Inventory Reduction Price Reduction Vendor Strategies Cost Reduction Strategies 52

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

Enterra Insights

APRIL 25, 2023

Journalist Erica Pandey reports, “America wastes more than 100 billion pounds — or 40% — of its food each year.”[1] and China, The Guardian reports. And the average American family spends nearly $1900 a year on food they don’t eat, per one paper in the American Journal of Agricultural Economics.”

Waste Reduction 130

Waste Reduction Food Price Reduction Resource Reduction 130

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. What is cost of sales? 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

OCTOBER 7, 2022

Supply Chain Matters calls reader attention to a published report that indicates for one retailer, the sudden shift in consumer demand this year may not have been that sudden. We recommend that our readers have a view of this report.

Supply and Demand 52

Supply and Demand Inventory Reduction Demand Planning Software Retail 52

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

Supply Chain Matters

JULY 15, 2022

With so many having to work from home during the ongoing Covid-19 pandemic, consumers upped their purchases of in-home fitness equipment. The supply chain supporting the delivery of equipment is the de-facto facilitator of this business model. 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

Kinaxis

MARCH 21, 2017

The master production schedule suffers from very intense and short term production schedule variations and purchased materials unavailability. Alternative sources for parts. 1] International Journal of Engineering, Science and Technology, Vol.2, Setting of specific strategic safety stocks on critical components.

Supply and Demand 169

Supply and Demand Optimal Sourcing Demand Planning Software Manufacturing Procurement 169

Enterra Insights

NOVEMBER 22, 2022

Reporter Erika Edwards ( @erikaedwardsnbc ), and her colleague Dr. Akshay Syal, observe, “Hospitals nationwide are preparing for another winter with Covid — the first one that’s also expected to include high levels of influenza and other respiratory illnesses that have simmered quietly in the background for the past two years.

Omnichannel 130

Omnichannel Purchasing Skills Agile and Lean Supply Chain Procurement Analytics 130

Arkieva

JULY 25, 2016

Continuing growth in ecommerce is fueling a tight market for distribution and fulfillment centers space, either leased, purchased or through a partner, as companies look to expand their networks to meet growing consumer demand for rapid parcel delivery. And CBRE’s most recent report on the U.S. Source: Multichannel Merchant.

Supply Chain Planning Software 60

Supply Chain Planning Software Manufacturing Procurement Procurement Solutions Supply Chain Software 60

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

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?

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Gartner Supply Chain Strategy 271

NC State SCRC

FEBRUARY 20, 2023

Over the decades, EDI standards emerged that cover a variety of supply chain artifacts and activities , from Purchase Orders & Acknowledgements (EDI 850 & 855) to Invoices (EDI 810) to Shipping Manifests (EDI 856). In summary, using EDI or building APIs has limitations for performing advanced analytics and data science for SCRM.

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

Enterra Insights

MAY 16, 2022

Fortunately, journalist Bridget McCrea reports, “Companies are thinking differently about how they design and orchestrate their supply chains. By doing it, you’ll get a chance to use predictive analysis, which is proven to be pretty insightful.”[6] sources while others are reshoring their manufacturing operations.

Supply Chain Planning Software 130

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

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

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

Negotiating Skills Purchasing Skills Supply Chain Software Buyer Training 52

Talking Logistics

APRIL 7, 2016

Meanwhile, earlier this week MercuryGate announced the availability of MercuryProcure , a freight sourcing and procurement solution that allows users to manage requests for proposals (RFP) for all transportation modes with a single system. What if you’re a TMS vendor somewhere in the middle? It’s not the ideal place to be today.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Optimization Software Transportation Management 100

Enterra Insights

SEPTEMBER 14, 2022

. … The most important one is that there is a need to not only look at the demand side but to also look at the supply chain when one wants to improve the customer experience, especially when the customer intention is a purchase.”[2] ”[3]. Bill Hobbs ( @hobbs_bill ), Founder of Mt. ”[7]. ”[9]. Footnotes. [1]

Gartner 130

Gartner Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 130

NC State SCRC

JUNE 15, 2021

The SCRC’s Supply Management Maturity Index was highlighted in a recent Wall Street Journal article , that identified the companies best prepared to weather the storm ahead in terms of supply chain disruptions. Let me describe the two categories highlighted in the journal article. chemicals, resins, IT providers).

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Resource Reduction 98

Enterra Insights

JANUARY 6, 2022

Journalist John McCormick ( @McCormickJohn ) reports a study by International Data Corporation (IDC) found, “Retail is poised to overtake banking as the top spender on artificial intelligence as companies including Home Depot Inc. Predictive Analytics. and Wayfair Inc. Footnotes. [1] ” ET Retail, 10 July 2017. [3]

Optimal Sourcing 173

Optimal Sourcing Retail Optimization Software Analytics Software 173