ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Wall Street Journal ). Wall Street Journal ). Wall Street Journal ). Prior to Covid-19, 45% of consumers never considered the supply chain when making purchases.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Matters

JULY 5, 2023

On June 30, word came that UPS provided what was reported as counter proposal “ with significant movement on wages and other economic language.” A reported tweet by the Teamsters Twitter account on Friday indicated that the union was poised to reach a deal no later than July 5, which is today. We sense a similar dynamic.

Procurement Analytics 52

Procurement Analytics Report Supply and Demand North America 52

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. in November.

Procurement Analytics 59

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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. Predictive analytics has many use cases in the supply chain.

Supply Chain Planning Software 298

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Supply Chain Matters

APRIL 24, 2023

Inflation Reduction Act , which fosters consumer incentives to purchase EV vehicles if 50 percent of major battery components are produced in North America. These incentives reportedly involve annual subsidies and grants to offset the facility’s cost. Thomas , Ontario , upwards of a two hour drive from Detroit.

Canada 52

Canada Procurement Analytics Manufacturing Procurement Purchasing Skills 52

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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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. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.

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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.

Manufacturing Procurement 52

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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$. I am not surprised.

Prescriptive Analytics Software 150

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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. If I collected one dollar for every time I have heard such frustrations expressed I would have amassed the funds to purchase a new smartphone, computer or new car.

Supply Chain Planning Software 52

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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. Supply Chain Strategy. Read Full Article.

Supply Chain Planning Software 60

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Unleashed

JUNE 1, 2023

Benefits of a perpetual inventory system Perpetual inventory systems, along with supporting barcodes and scanners , enable you to quickly input inventory information as purchases are made and inventory is sold. Lower inventory costs. A perpetual inventory system updates inventory levels using purchase and sales data.

Inventory Management Software 52

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Supply Chain Matters

MAY 3, 2022

The report authors noted that this index, when calculated without the impact of China would have posted a 53.2 The report specifically indicated: “ Average purchase prices rose to one of the greatest extents during the past 11 years, leading to the joint-steepest increase in output charges since the series began in October 2009.”. .

Manufacturing Procurement 52

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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

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

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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. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The August reported value rose to a three month high of 49.0 reflecting a 0.8

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Supply Chain Matters

AUGUST 22, 2022

Last week’s quarterly financial performance reporting among major U.S. The retailer had reported a big earnings miss as higher inventories and supply chain related costs dragged down expected profitability. This week’s report of Target’s financial performance reflected that action, but operating margins actually declined to 1.2

Inventory Management Software 52

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Proxima

FEBRUARY 25, 2022

Impacts from the fashion industry include over 92 million tonnes of waste produced per year and 79 trillion liters of water consumed, according to a study by Aalto University in Nature Reviews Earth & Environment journal. Rethinking procurement. But times are changing. A new definition of value is required.

Manufacturing Procurement 52

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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

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] .” Without a paradigm shift (i.e., Transforming Supply Chains.

Supply Chain Planning Software 130

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

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

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NC State SCRC

FEBRUARY 17, 2019

A number of potential solutions have been suggested with the rise of social media and e-markets, including provider and supplier consolidation, public websites documenting healthcare costs, reimbursement levels and integration with electronic medical records as part of its elements.

Negotiating Skills 53

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Supply Chain Matters

AUGUST 23, 2023

This agreement has been characterized by The Wall Street Journal as being the largest collective bargaining agreement involving a private employer in North America. Highlights of the new agreement include full time package van drivers garnering a reported annual compensation of $170,000 in pay and benefits. reported for Q2 ending.

Negotiating Skills 52

Negotiating Skills Purchasing Training Purchasing Skills Buyer Training 52

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 96

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SCMDOJO

MARCH 25, 2022

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. Founded in 1963, NCPDM represents the outbound side of logistics and the National Association for Purchasing Management (NAPM) represents the inbound side. Neil Southern, 2011). Neil Southern.

Supply Chain Planning Software 138

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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. Manufacturers or the U.S. Descriptions.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Resource Reduction 98

Supply Chain Matters

JULY 5, 2023

Supply Chain Matters provides highlights and added perspectives to EV automaker Tesla’s reported production and customer delivery performance in Q2-2023. On the production side, the company reported that 479,700 vehicles were produced globally in the latest quarter. The Q2 delivery performance represented a 10.2

Price Reduction 52

Price Reduction Expense Reduction Inventory Reduction Sourcing Strategies 52

Precoro

APRIL 22, 2024

Management of the company's financial operations requires strong leadership, experience, analytical skills, a deep hands-on understanding of financial principles, and familiarity with the best practices the company has already adopted. After all, purchases are a large part of company finances.

Optimal Sourcing 86

Optimal Sourcing Negotiating Skills Procurement Solutions Resource Reduction 86

NC State SCRC

JANUARY 15, 2016

An article published in the Wall Street Journal identifies what I have been saying for years now… Supply chain talent is a hot commodity! We need to be up to the challenge of creating the “impossibly talented” procurement professionals of the future. So did Tom Falk at Kimberly Clark.

Supply Chain Planning Software 40

Supply Chain Planning Software Procurement Analytics Supply Chain Software Purchasing Skills 40

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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MIT Supply Chain

FEBRUARY 3, 2022

Joel Makower, Chairman and Co-Founder of the sustainability journal GreenBiz , lays out the evolutionary path of buzz phrases and the prospects for just transition in a recent opinion piece. Also, what supply chain skills will be needed to support the transition to circular supply chains and sustainable sourcing and procurement?

Sustainability 52

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Supply Chain Matters

SEPTEMBER 19, 2022

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., The Wall Street Journal recently reported that the recently passed Inflation Reduction Act in the U.S. with commercial volume operations by the end of 2024.

Supply Chain Network Software 52

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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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Enterra Insights

FEBRUARY 14, 2020

Francisco Ricaurte reports, “To ensure these precious flowers arrive at peak freshness, UPS shepherds the shipments from colorful growing fields in Latin America through the Miami International Airport — where UPS is one of the largest air cargo carriers — to final recipients in less than two days. It’s also quite a challenge.”

Logistics Network Optimization Software 113

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Supply Chain Game Changer

NOVEMBER 24, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out Is Your Supply Chain A Cost Centre or a Value Creator? Whereas different Supply Chain functions used to be siloed (planning, operations, procurement, etc.), Argentus is a boutique recruitment firm focused on Supply Chain and Procurement.

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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