LevaData

APRIL 26, 2022

It's difficult to source and buy direct materials at scale. Data is available now, more than ever, to considerably widen sourcing's remit, bringing in these under-addressed purchased items and hazards. Capabilities such as strategic sourcing, component aggregation over fewer stock-keeping units, and supplier risk analysis aren't new.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Negotiating Skills Negotiate Pricing 52

Logistics Viewpoints

AUGUST 18, 2023

And now on to this week’s logistics news. They stocked up again after Russia’s invasion of Ukraine pushed up the price of raw materials such as energy and wheat. The company in the past year revamped its logistics network, enabling faster and more efficient deliveries. That’s all for this week.

Logistics Network Optimization Software 177

Logistics Network Optimization Software Logistics Panama Washington 177

Supply Chain Shaman

MARCH 21, 2022

” Corporations serve international markets, and the source of rare minerals (so critical for the evolution of the green supply chain) is primarily Asia. Others argue the demise of global sourcing; might I add caution? Russia produces 40% of the world’s palladium. My response is “Hogwash.”

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

Supply Chain Matters

DECEMBER 13, 2023

Such actions were to include mitigation of risks related to China based sourcing, which is now commonly referred to as a China Plus sourcing strategy. That was followed by a public acknowledgement from CEO Tim Cook that the company’s 60 percent sourcing of various production within the country was too much.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Cost Reduction Strategies 52

ToolsGroup

APRIL 1, 2022

Material Handling & Logistics ). Material Handling & Logistics ). 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. How the Supply Chain Crisis is Impacting Businesses and Consumers.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Procurement Academy

MARCH 24, 2022

Over 250,000 US companies, and over 160,000 European companies, have direct or indirect suppliers in Russia and Ukraine. Energy : Russia was the second-largest global exporter of oil and has been supplying over 30% of Europe’s gas. More broadly, we can expect disruption of logistics networks and increased transport costs.

Ukraine 98

Ukraine Manufacturing Procurement Scenario Planning Supply Chain Planning 98

Supply Chain Game Changer

AUGUST 19, 2022

The modern supply chain is global and often depends on Russia for production, either equipment or materials. Sanctions make these elements harder to procure elsewhere while preventing many companies from using existing Russian sources. In many instances, alternative sources are limited. What’s impacted? Raw materials.

Supply Chain Optimization 97

Supply Chain Optimization Russia Global Optimal Sourcing 97

The Logistics & Supply Chain Management Society

NOVEMBER 25, 2023

Advancing Resilience Amidst Trade Disruptions and Tariff Swings by Dr. Shereen Nassar, Global Director of Logistics Studies and Director of MSc Logistics and Supply Chain Management Suite at Heriot-Watt University Dubai Supply chain resilience has become a crucial topic of discussion in our interconnected and globalised world.

Sourcing Strategies 130

Sourcing Strategies Material Savings Inventory Reduction United Arab Emirates 130

The Logistics of Logistics

MARCH 25, 2022

An award-winning business journalist with extensive experience covering the logistics sector, Eric spent nearly two years as the Washington, D.C., FreightWaves.com, the company’s news site, is the leading provider of news and commentary for the transportation and logistics space. Russia sanctions cut both ways for air cargo.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Analytics Software Freight Cargo 130

Elementum

AUGUST 29, 2022

Increasing Supply Chain Costs Higher fuel, workforce, freight, and logistics costs put a strain on budgets, which means it costs more to produce, transport, and prepare food. Greater operating costs mean that some parts of the supply chain could either cut corners or cease trading altogether, affecting every other logistical partner.

Supply Chain Planning Software 146

Supply Chain Planning Software Food Supply Chain Software Waste Reduction 146

SYSPRO Smarter ERP

APRIL 13, 2022

The war and imposed sanctions will create a knock-on effect across the supply chain , and businesses will be impacted by material shortages, material cost increases, demand volatility, logistics and capacity constraints as well as cybersecurity breaches. European countries which import Russian oil and natural gas are going to be hard hit.

Supply Chain Planning Software 111

Supply Chain Planning Software Price Reduction Cost Reduction Strategies Material Savings 111

Logility

JUNE 30, 2022

The labor supply is shrinking in Germany, Poland, Russia, and Japan, and contraction is expected to quicken. Then, there’s the Infrastructure Investment and Jobs Act – the construction industry is expected to pull workers from the supply chain since both logistics and construction attract similar worker pools. It’s a global problem.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 173

Resilinc

SEPTEMBER 6, 2022

Geopolitical event alerts issued by EventWatch AI grew by 521% in the first six months of 2022—mostly due to the Russia-Ukraine war. Russia’s cyberattacks on Ukraine intensified before the invasion, and while less effective than initially feared, these attacks undermined health care, food, and relief supplies distribution.

Procurement Analytics 62

Procurement Analytics Report Purchasing Skills Russia 62

Talking Logistics

AUGUST 8, 2014

The bodega and building as it appears today (source: Google Maps). ARI and Fidelitone Logistics Partner to Deliver Unified eCommerce and Supply Chain Solutions. Boeing, United Technologies stock up titanium parts from Russia ( Reuters ). The bodega is where my life story begins, a story I hope to write about someday.

Logistics Network Optimization Software 146

Logistics Network Optimization Software Supply Chain Network Software Supply Chain Planning Software Supply Chain Software 146

American Global Logistics

JANUARY 24, 2023

That’s not the only guiding principle for transitioning to a new era in logistics trends. 7 Logistics Trend: Economics & Global Trade: The rising significance of external factors Last year, strategic geo-political and economic issues weighed heavily on supply chains. So employing multi-channel logistics has become imperative.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Trends Logistics Agile and Lean Supply Chain 52

BlueYonder

APRIL 19, 2022

For three customers trading in the Russia-Ukraine conflict zone, custom LCT dashboards are currently tracking more than 118,000 inbound and outbound deliveries, composed of 3,000 items and valued at more than $150 million. As we’ve all seen in the news coverage of the Russia-Ukraine conflict, conditions are changing minute-by-minute.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Optimization Supply Chain Software Supply Chain Design 100

Supply Chain Matters

APRIL 5, 2024

India has again demonstrated the highest level of PMI growth and the report authors point to Greece, Indonesia, Russia and Brazil as demonstrating stronger rates of expansion. This is not only from the notions of China Plus sourcing actions, but is responding to export demand from other Asian, Europe and U.S. import needs.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

Resilinc

MARCH 28, 2023

Compounding the problem, natural gas prices have risen due to cold weather, coupled with the effects on natural gas supplies of the Russia-Ukraine war. Ahead of the EU oil ban, Russia started diverting petroleum products to North Africa and the Eastern Mediterranean. In response, a wide-spread shift toward cleaner energy is projected.

Asia 62

Asia Europe Pakistan Nigeria 62

Logistics Viewpoints

MAY 22, 2023

Last year multiple companies needed to urgently relocate their employees and their families from Russia and Ukraine. The post Supply Chain Design: A Tool to Help Maximize Value appeared first on Logistics Viewpoints. Let’s continue with this analogy. Think about these relocations! Their time frame was short and resources limited.

Supply Chain Design Software 201

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 201

Elementum

AUGUST 1, 2022

Manufacturing and Logistics Many production and logistical units already work at their maximum capacity, and factories, ports, logistics and production are all expensive. Because of this, production units and logistics must work to their full potential to generate more profits–in other words, they lack excess capacity.

Supply Chain Strategy 78

Supply Chain Strategy Supply Chain Manufacturing Procurement Supply and Demand 78

QAD

APRIL 27, 2023

I sat down with Kenneth Zins, Henry Schein vice president of global sourcing, to take a look at trends, discuss where best to focus a team’s energy, and share approaches for navigating the inevitable challenges ahead. savings through e-sourcing solutions. And this trend is not at all over. But they also experience a staggering 9.5%

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 98

Supply Chain Matters

MARCH 22, 2022

There are additionally the usual downside caveats that include further imposition of sanctions or consumer and business boycotts related to Russia. The OECD report reinforces that both Ukraine and Russia are large producers and exporters of key energy, minerals and basic food commodities.

Forecasting 52

Forecasting Ukraine Price Reduction Inventory Reduction 52

Supply Chain Matters

JULY 10, 2023

Our January prediction noted that the ongoing Russia and Ukraine hostilities in early 2022 and the sanctions consequently placed on Russia by the NATO alliance nations precipitated a feared natural gas shortage that could have spread to other global areas.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Strategy Sourcing Strategies Supply Chain Planning 40

Intelligent Audit

JUNE 14, 2022

Staff burnout in logistics can be especially problematic as much of the modern supply chain and infrastructure society relies upon reacts significantly to disruptions and errors caused by burnout. The Great Resignation and Shifting Focus on Supply Chain Personnel and Staff Burnout in Logistics. What Is Burnout and How Bad Is It?

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Analytics Software Supply Chain Software 52

Enterra Insights

APRIL 20, 2023

He writes, “If you source from outside and haven’t made checks in a while, it’s worth auditing your supplier list and seeing where parts have changed in spec, increased in price without increasing in quality, or even been quietly substituted for ‘equivalents’ you never agreed.” ” • Business Information Risks.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Strategy 130

SCMDOJO

MAY 7, 2024

For example, one production company mapped their second tier of suppliers and realized that all of their strategic suppliers for a particular direct material sourced some components from a single production site, making them dependent on one source. By managing shipments in real-time, delivery times were improved, and reduced costs.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Visibility Real-time Visibility Supply Chain Design Software 98

BlueYonder

OCTOBER 30, 2023

In order for logistics, procurement and distribution to align with the general advancements of the industry itself, these critical areas must give in to a more comprehensive transformation. The automotive industry has shown itself to be brave in recent times, in all areas but one: the supply chain. It all starts with improved planning.

Automotive 100

Automotive Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Planning Software 100

BlueYonder

JUNE 16, 2022

In his recent blog , Anmol Khurana discussed the immediate effects of the Russia-Ukraine conflict for companies shipping products in and out of the region. Even more damaging are the potential long-term impacts for the world’s food supply as Russia seizes Ukraine’s grain supplies and harvesting equipment.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Optimal Sourcing 52

Supply Chain Matters

MAY 10, 2022

billion increase in ocean transport and an $834 million increase in logistics services. billion, primarily driven by ocean revenue increases but included a negative impact of $718 million from the Russia/Ukraine conflict and losses related to terminals related to these areas. EBIT increased $7.5 billion in the latest quarter.

Freight 52

Freight Forecasting Russia Logistics Network Optimization Software 52

SCMDOJO

JULY 29, 2022

The demand is subjected to change due to many factors drastically, including pandemics (COVID-19), war (Russia-Ukraine war), and last but not least technological advancements. Author : Emad Atef – CSCA, MBA (Candidate), Procurement and Sourcing Manager. Bowersox, Supply Chain Logistics Management. References. Lysons, 312.

Sourcing Strategies 131

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 131

Intelligent Audit

MARCH 17, 2022

The factors driving parcel carrier fuel surcharges include: E-commerce growth – When the pandemic brought home millions of Americans in late 2019 and early 2020, e-commerce became the source for every real need. Russia-Ukraine war – The cost of every gallon of fuel covers crude oil, refining, distributing, marketing, and taxes.

Price Reduction 98

Price Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 98

Supply Chain Matters

MAY 23, 2022

logistics reinforce both headwinds and added concerns. to Asia , as well as the European consequences of the ongoing Ukraine-Russia conflict as now driving added index volatility. US Logistics Managers Index. Logistics Managers index reflects a lull in imports to U.S. Global Supply Chain Pressure Index. The latest U.S.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Optimization Supply Chain Software Supply Chain Strategy 59

Logility

OCTOBER 18, 2022

The Russian invasion has triggered supply chain disruptions and other obstacles that are hampering vital logistics and trade route implementation. Between them, Ukraine and Russia account for approximately one-third of global wheat production. You need transparency beyond the first tier so you can assess their vulnerability.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

Proxima

AUGUST 25, 2022

Supply chains thrive on predictability, yet China’s continued zero-Covid policy is causing uncertainty and taking an economic toll at a time when we are learning to cope with other significant challenges, such as the fallout of the Russia – Ukraine conflict.

Policies 91

Policies Global Manufacturing Procurement Supply Chain Software 91

Supply Chain Matters

DECEMBER 13, 2022

Meanwhile, global shipping and logistics costs began to explode, and so did the windfall profits of major ocean container shipping lines and logistics providers who were collectively able to leverage extraordinary demand and supply imbalances along with major port backups. seen as a likely alternative. Correspondingly, U.S,

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Software Supply Chain Optimization Supply Chain Strategy 52

Supply Chain Matters

APRIL 6, 2022

Source: JP Morgan and S&P Global, March 2022. As indicated in our February commentary , an area of major concern remains the effect and duration of much higher energy prices globally along with the ultimate implications of heightened economic sanctions on Russia. Global Wide Production Activity. Bob Ferrari.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Purchasing Skills Global 52