The Logistics of Logistics

OCTOBER 30, 2023

Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP).

Optimal Sourcing 245

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 245

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Solutions Purchasing Skills 130

GlobalTranz

FEBRUARY 17, 2016

In order to avoid excess inventory and keep your business lean, you must understand the pace of movement of each product. Another great way to look at warehouse cost reductions is to follow what Ernst & Young calls the "End to End" Planning and Fulfillment Network , which goes in line with the next section, Lean Principles. .

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. As a first step, we’re operating a “lean” Control-Tower within our supplier relationship management system.

Supply Chain Risk Management 244

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 244

Kinaxis

AUGUST 5, 2014

This key supplier had been identified and sure enough, you have a second source primed and ready to go. A few hours later, your procurement head walks in the office. “We We have a problem.” The alternate source uses the same supplier in Taiwan. Efficiency programs like lean drove us to reduce suppliers and cut inventory.

Supply Chain Planning Software 267

Supply Chain Planning Software Inventory Reduction Sourcing Strategies Supply Chain Strategy 267

The Logistics of Logistics

JULY 7, 2023

About Supply & Demand Chain Executive Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more.

Logistics Network Optimization Software 236

Logistics Network Optimization Software Food Manufacturing Procurement Supply Chain Software 236

Logistics Viewpoints

MARCH 17, 2022

This includes suppliers, logistics providers, sales, and fulfillment locations/channels supporting autonomous planning decisions that take data flowing from various internal and external sources into account. It provides a single source of truth with visibility and analytics based on the same data.

Supply Chain Planning Software 298

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 298

Logistics Viewpoints

SEPTEMBER 19, 2023

Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. Lean manufacturing also focused on managing these operational risks, especially within the four walls of the enterprise.

Supply Chain Design Software 251

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 251

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Let’s take a closer look at sourcing. The inadequacies of MRP is the genesis of the lean process of Plan for Every Part (PFEP).

Optimal Sourcing 173

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 173

The Logistics of Logistics

DECEMBER 1, 2023

Automated Freight Procurement & Sourcing: Efficiently match loads with carriers for the best available rates. Optimized Load Planning: Automate daily load planning, matching loads to carriers and creating cost-effective plans. Scalable & Smart TMS: Learn and adapt over time, improving efficiency and performance.

Optimal Sourcing 221

Optimal Sourcing Supply Chain Planning Software Optimization Software Analytics Software 221

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Adopt performance metrics for carriers.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Procurement Material Savings 100

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 90

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 90

Supply Chain Opz

SEPTEMBER 14, 2013

We''ve identified 7 rules that we can learn from them as below, 7 Rules of Fashion SCM 1) Produce in small lot : small lot is the unique characteristics of lean manufacturing which is not the case here. This article was the result of 3-year interviews with the senior management of Zara.

Supply Chain Design Software 229

Supply Chain Design Software Cost Reduction Strategies Supply Chain Software Agile and Lean Supply Chain 229

SYSPRO Smarter ERP

JULY 12, 2022

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Strategic sourcing with Cloud ERP.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 105

ivalua

OCTOBER 24, 2022

Under Pressure, Will Procurement Take Performance Higher in 2023? . Procurement and supply chain teams have been trying to hold the line against macroeconomic and global market forces that have been pushing hard against them for nearly three years. Procurement and supply chain teams are under constant pressure. “Our

Optimal Sourcing 100

Optimal Sourcing Procurement Resource Reduction Negotiating Skills 100

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. Kanban came from the same place as the wider principles of lean manufacturing: Toyota. The customer’s order is complete.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

Ware2Go

JANUARY 7, 2022

Experiencing the negative effects of overextended supply chains and lean manufacturing, merchants are looking to forge a balance between JIT and JIC purchasing models that reduces risk and maintains profit margins. What is just-in-time procurement? What is just-in-case procurement? What Are the Pros and Cons of JIC Procurement?

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Data-driven decision making with ERP as a single source of the truth.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". Battle of the Forms: Will You Win, Lose or Draw? Naturally, a supplier relations conflict exists.

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

The Logistics & Supply Chain Management Society

JULY 21, 2020

Supply chain trends and practices today, are mainly driven by cost optimisation and lean strategy. This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

Logistics Viewpoints

AUGUST 11, 2022

It collects and stores data from a variety of sources. These sources may include electronic logging devices, telematics networks, mobile devices, RF devices, and GPS information from automatic identification systems for ship locations and NORAD for aircraft positioning. Your RTTVP provider should be able to assist either way.

Supply Chain Planning Software 243

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Supply Chain Network Software 243

Supply Chain Game Changer

FEBRUARY 11, 2021

But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. This paper seeks to answer those questions and specifically address its benefits to the Procurement process by addressing the following checklist: Checklist. What is Artificial Intelligence or AI?

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Data-driven decision making with ERP as a single source of the truth.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

Supply Chain View from the Field

JULY 17, 2015

A new face of procurement is emerging which is recognizing that a new set of value drivers must be developed in the face of massive environmental changes. These topics are emerging in the context of the new view that procurement is about building value for the enterprise.

Optimal Sourcing 60

Optimal Sourcing Sourcing Strategies Negotiating Skills Sourcing 60

ivalua

NOVEMBER 26, 2020

While organizations continue to utilize low-cost regions like Asia, they are also employing strategies like “Asia plus one” or “China plus one” where they develop secondary sources in another region or another country to provide some insurance against regional or geopolitical disruption. Stalwarts of Business Planning Showing Cracks.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

SYSPRO Smarter ERP

SEPTEMBER 8, 2022

Manufacturers and distributors will need to rethink their use of lean manufacturing strategies that minimise their inventory held by optimising the inventory mix required to protect customer service in their global supply chains. The procurement process doesn’t start with raising a purchase order and sending it to a supplier.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain 105

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Costs reduction of sourced materials is one way to drive down costs but manually conducting price lookups on multiple options for hundreds of products can prove untenable very quickly.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Supply Chain View from the Field

JULY 14, 2015

Against the many new articles and books being produced on the changing face of procurement and the importance of value creation and collaboration, Andrew Cox’s new book “Sourcing Portfolio Analysis” came out earlier this year. These types of relationships do not exist in the world of Cox’s two by two Sourcing Portfolio matrices.

Optimal Sourcing 60

Optimal Sourcing Sourcing Strategies Negotiating Skills Analysis 60

Supply Chain Game Changer

FEBRUARY 5, 2020

What’s the Difference between Procurement and Purchasing? Why Procurement Transformation Fail article created by, and permission to publish here provided by, Jill Button at [link]. There are many reasons why Procurement Transformations fail, however, the below 3 keep coming up time and time again. Infographic).

Procurement Solutions 70

Procurement Solutions Negotiate Pricing Negotiating Skills Procurement 70

GlobalTranz

OCTOBER 15, 2015

As a sourcing or procurement manager, you may think there’s nothing new about supplier collaboration. Your chief procurement officer (CPO) most likely disagrees. For sourcing managers, this can be a lot of pressure. The need for supplier collaboration in procurement is greater than ever.

Optimal Sourcing 120

Optimal Sourcing Modeling Agile and Lean Supply Chain Optimization Modeling 120

Supply Chain Shaman

MAY 21, 2013

We have used Lean process systems and swim-laned ourselves to death. The most common reporting relationship in the supplier organization is to a leader of supply (focus on logistics, distribution, materials sourcing and customer service). The focus has been on sourcing and managed costs. Generalize procurement of materials.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

The Logistics of Logistics

OCTOBER 12, 2012

Chuck Intrieri is a: Certified Value Engineer (VE), Certified Purchasing Manager (CPM), Certified Production and Inventory Control Manager (CPIM), and is Lean Certified all of which attests to his deep understanding of operations and logistics beyond the confines of the purchasing function. Chuck Intrieri Education.

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 100

IQMS

JANUARY 21, 2021

Lean manufacturing techniques are made stronger when combined with sustainability foundations, as plastics manufacturers worldwide see today. A leading West Coast-based extrusion manufacturer, Fabricated Extrusion , is turning sustainability initiatives into a lean, competitive advantage by doing the following.

Manufacturing Procurement 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

4WL Consulting

JULY 8, 2015

The previous decade has seen many companies, mainly those handling manufacturing operations, change how sourcing of direct materials is executed – from an administrative function to a somewhat strategic procurement approach that has seen the creation of a new position “the Chief Procurement Officer.”

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Optimal Sourcing 100

AFFLINK

NOVEMBER 5, 2019

Food service companies need to be able to procure supplies quickly in order to operate, and the cost of their supplies directly impacts their bottom line. When operating with lean profit margins, it becomes even more important for companies to improve their supply chain. Begin with an Internal Assessment.

Purchasing Skills 54

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 54

BlueYonder

OCTOBER 6, 2023

Breaking Down Barriers Between Planning, Procurement and Logistics: The existence of isolated supply chains between procurement, planning, and logistics can lead to latency, reduced responsiveness, expedited processes, excess inventory, and substantial inefficiencies.

Waste Reduction 98

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 98

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

By enabling customer access to supplier information, including sourcing of materials, as well as environmental performance data, all parties in the supply chain, can be made more accountable. The concept of asset-less state refers to creating a supply chain that is as lean as possible.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223