The Logistics & Supply Chain Management Society

AUGUST 19, 2022

In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Based on our experience working with procurement pros all over the world, we’ve put together seven strategies for getting the most out of your supplier relationships and strengthening the resilience of your supply chain. Procurement leaders say that when tackling a disruption, relationships with suppliers are what really make the difference.

Supply Chain Planning Software 130

Supply Chain Planning Software Predictive Analytics Software Manufacturing Procurement Price Reduction 130

EcoVadis

MAY 9, 2018

Direct purchasing by governments and state-owned enterprises accounts for 12 percent of GDP in OECD countries, and in the U.K. Sustainable public procurement can also be beneficial from the economic perspective: It can generate income, reduce costs and promote innovation among domestic producers. National Procurement Standards.

Manufacturing Procurement 60

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 60

ivalua

APRIL 23, 2021

At a recent roundtable with The Manufacturer magazine, the benefits of cross functional collaboration for procurement was raised as a discussion point for the session. . Within manufacturing organisations direct spend is often a large % of spend, up to 80% with indirect being the remainder.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Modeling Software 130

The Logistics of Logistics

FEBRUARY 11, 2022

Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of?third-party?logistics. third-party?logistics. About Zipline Logistics. Zipline Logistics was selected as an Inc. Key Takeaways: The True Cost of OTIF Failure.

Cost Reduction Strategies 209

Cost Reduction Strategies North America Logistics Network Optimization Software Manufacturing Procurement 209

Supply Chain Matters

MARCH 7, 2023

The Altasian Option The Economist magazine in its February 25 th 2023 edition featured a report titled: The Altasian Option- Can Asia’s alternative supply chain steal China’s thunder? The region reportedly has introduced more sophisticated manufacturing including capabilities for semiconductor fabrication and component supply networks.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement China Sourcing 52

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Parallelly, expectations around the overall purchasing experience have also grown steeper. In essence, a lot of logistics planning boils down to finding the quickest possible route between various points of delivery before returning back to the source. LogiSYM Supply Chain Magazine – September 2022. trillion by 2025.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Optimization Software 130

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

As a matter of fact, the smog generated from refineries to extract polymers from crude oil to manufacture plastic is already posing a major health and environment risk to us! It is believed that it is only a matter of time before legislation is implemented to ban the manufacture and use of plastic pallets.

Material Savings 246

Material Savings Waste Reduction Cost Reduction Strategies Manufacturing Procurement 246

Logility

MARCH 11, 2024

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. Learn more at [link].

Logility 208

Logility Supply Chain Planning Software Demand Planning Software Supply Chain Design Software 208

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

After the event DGrade met with the Yas Marina Circuit procurement team to address a sustainable alternative for their staff uniform requirements. DGrade design and manufacture bespoke clothing and accessories for corporate companies and events businesses. LogiSYM Supply Chain Magazine – August 2021. Conclusion.

Material Savings 246

Material Savings Waste Reduction Resource Reduction Manufacturing Procurement 246

GlobalTranz

MARCH 23, 2016

Entering these team projects in a magazine, or Lean contest is a motivator to boost teamwork and ensure that MDI is effective every day. Twitter Google+ LinkedIn The post How to Sustain a Lean Culture in Manufacturing & Supply Chain appeared first on Transportation Management Company | Cerasis. that has no end.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

The Logistics & Supply Chain Management Society

MARCH 21, 2023

The mind-set challenge for all businesses today is to recognize the following: That commuter and business travel miles are a significant source of planet damaging green house gas emissions. Only early industrialization made set hours for work a standard for efficient manufacturing.

Cost Reduction Strategies 130

Cost Reduction Strategies Sourcing Strategies How To Manufacturing Procurement 130

The Logistics of Logistics

JUNE 7, 2021

Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of?third-party?logistics. third-party?logistics. About Zipline Logistics. Zipline Logistics was selected as an Inc. Key Takeaways: The True Cost of OTIF Failure.

Cost Reduction Strategies 147

Cost Reduction Strategies North America Manufacturing Procurement Logistics Network Optimization Software 147

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Figure 1: Identifying gaps in supply chain competency Overall Findings from three segments of industry were identified namely logistics, manufacturing and trading. Manufacturing Industry: The manufacturing industry faces challenges stemming from material and labour shortages due to pandemic-related lockdowns.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

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. For example, companies can track products throughout the entire lifecycle with RFID and GPS sensors.

Supply Chain Planning Software 298

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

The Logistics of Logistics

MAY 26, 2023

Hannah is a board member of the National Association of Manufacturers, WBEC-Pacific, the Women’s Business Enterprise National Council (WBENC) where she also serves as WBENC Forum 1st vice chair, board chair of How Women Lead–Silicon Valley, and is a member of the Committee of 200 for executive women.

Supply Chain Design Software 208

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 208

ToolsGroup

MARCH 31, 2022

In a world that rarely follows the rules, our retail and supply chain planning suite optimizes and automates supply chains from production to purchase, enabling manufacturers, distributors and retailers to be ready for anything. That’s why global leaders like Absolut, BP and Harley-Davidson rely on us year after year.

Supply Chain Planning Software 120

Supply Chain Planning Software Demand Planning Software Supply and Demand ToolsGroup 120

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supply chain operations, will increase their revenue by 20 percent in 2025. LogiSYM Supply Chain Magazine – September 2021. As driving greater sustainability is a key factor in reducing risk.

Supply Chain Planning Software 223

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

Claritum

OCTOBER 3, 2017

Claritum Article - Procurement Blog. As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. A Varied Range of Unparalleled Solutions.

Optimal Sourcing 32

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 32

The Logistics & Supply Chain Management Society

JUNE 30, 2022

We managed the supply chain for China’s largest manufacturer with close to US$500m in logistics spend. Something that the forwarding and logistics industry has wrestled with over the years, is to balance the risk and reward of investment into organic systems development, versus purchasing third-party market software to run our businesses.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Supply Chain Software 130

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Per IDC Manufacturing Insights , the use of robotics will become more platform based through robot-as-a-service, reducing costs of deployment and maintenance. Technology Will Reshape Procurement Practices. Robotics Will Grow More Versatile.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

In fact, today several leading halal production standards (like the Indonesian and Malaysian halal standards) are already requiring a segregation between halal and non-halal in transport and storage for halal certified manufacturers.

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor.” Does this solve the problem? When I get this question, I swallow hard. It is such a simplistic view of the world.

Supply Chain Design Software 130

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

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it. LogiSYM Supply Chain Magazine – April 2022.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

The Logistics & Supply Chain Management Society

JUNE 10, 2021

Global Supply Chain & Sourcing Director for ECCO Global Shoe Production & Sourcing. I packed my (one) bag to start a considerable journey into becoming a Supply Chain Professional from the manufacturing floor up, with Detmold (Detpak) Packaging. . What are the priorities you are working on right now? .

Sourcing Strategies 162

Sourcing Strategies Manufacturing Procurement Material Savings Negotiating Skills 162

ivalua

MAY 17, 2021

It may be a controversial statement to make, but the value that a procurement team can deliver within a financial services organisation is lower than what can be delivered in other sectors. Financial services procurement leaders can turn this challenging scenario into an opportunity to add value to the business.

Manufacturing Procurement 130

Manufacturing Procurement Procurement How To Meeting 130

The Logistics & Supply Chain Management Society

JULY 16, 2023

Halal risk management practices of most companies are passive, meaning it is limited to the compliance of suppliers and their own (manufacturing) operations based on the requirements of the halal certification body and their halal standard(s). On the other hand, halal risks in the entire supply chain are not on their radar screens.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

QAD

APRIL 26, 2022

In a recent article in Supply and Demand Chain Executive magazine, QAD Precision President Corey Rhodes recommends that supply chain leaders develop a proactive strategy that includes flexible technology to face the supply chain challenges manufacturers are facing today and will undoubtedly face in the future. So, what can be done?

Supply Chain Software 98

Supply Chain Software Prescriptive Analytics Software Agile and Lean Supply Chain Logistics Network Optimization Software 98

Supply Chain View from the Field

DECEMBER 23, 2014

The leading IT magazine, CIO Review, today published a special issue on supply chain transformation, and included an article I wrote on spend management as a core capability. Purchased goods and materials are often more than 40% of the total cost of goods sold in healthcare and manufacturing sectors.

Negotiating Skills 135

Negotiating Skills Purchasing Skills Procurement Analytics Analytics Software 135

GlobalTranz

JUNE 21, 2017

Featured guests include supply chain and logistics executives from leading manufacturing and retail companies, professors from leading academic institutions, executives from third-party logistics and technology companies, and authors. Gonzalez runs the show like a conversation with smart friends, making it easy to follow. Inbound Logistics.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Software Supply Chain Logistics 216

The Logistics & Supply Chain Management Society

JULY 21, 2020

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. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

Supply Chain Planning Software 233

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

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

The GCC chemical industry is second largest manufacturing industry in value add, after refining. Overcoming these challenges, regional chemical manufacturers and suppliers are now forced to rethink and readjust their global supply chain model. Supporting localisation – To increase resilience, means to decentralise sourcing.

Chemicals 113

Chemicals Saudi Arabia Cost Reduction Strategies Inventory Reduction 113

QAD

SEPTEMBER 22, 2022

In his recent Supply Chain Digital Magazine article, Future-proof your supply chain to 2025 and beyond , Brent posits seven ways shippers can make decisions now to improve operational efficiency in the next couple of years. For example, 38% of organizations use manual procurement processes to communicate with supply chain partners.

Supply Chain Software 98

Supply Chain Software Agile and Lean Supply Chain Demand Planning Software Modeling Software 98

Logistics Bureau

NOVEMBER 3, 2024

For example, the following five pieces of advice, which were highlighted by a 2012 Entrepreneur Magazine article and are every bit as relevant today, can be applied by any enterprise with an outbound supply chain serving online shoppers. There is also the question of ethical procurement and purchasing to consider.

Inventory Reduction 69

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 69

The Logistics & Supply Chain Management Society

MARCH 22, 2022

He is a seasoned supply chain expert with 15+ years in the industry spanning Logistics, Procurement, and Contract Manufacturing. LogiSYM Supply Chain Magazine – March 2022. About the Author Terry Seetoh is Head of APAC & Oceania at international log tech company, Adnavem. How Shipping Can Help Save The Planet.

Expense Reduction 245

Expense Reduction Cost Reduction Strategies Shipping Resource Reduction 245

Supply Chain Matters

MARCH 15, 2022

By now our Supply Chain Matters readers have already viewed headlines of yet another COVID-19 variant induced lockdown of certain manufacturing and port facilities in China. Impacted are manufacturing clusters located in Shenzhen and Changchun city areas which have been placed on minimum one-week lockdowns as of this past weekend.

Cost Reduction Strategies 52

Cost Reduction Strategies China Manufacturing Procurement Sourcing Strategies 52