GlobalTranz

JUNE 30, 2017

Manufacturers have always struggled to know their customers. Unfortunately, this means manufacturers face an even greater challenge, as more customers translate into greater use of customer service. In addition, customers are continuing to demand lower prices and free shipping.

Manufacturing Procurement 205

Manufacturing Procurement Manufacturing Procurement Analytics Price Reduction 205

ToolsGroup

NOVEMBER 23, 2021

As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. 7 practical strategies to minimize risk and manage supply chain shortages. You’re not powerless against supply chain disruptions! ?

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

Supply Chain Shaman

JANUARY 21, 2014

Let’s start with these: Demand Sensing: The reduction of time to sense purchase and channel takeaway. Demand sensing is a process, automated by technology, that reduces demand latency. For the purchase of Tide at Walmart to translate to an order at P&G, the time is 5-7 days. Independent Demand. Dependent Demand.

Supply and Demand 322

Supply and Demand Modeling Demand Planning Software Forecasting 322

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

Supply Chain Planning Software 319

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 319

GlobalTranz

JANUARY 18, 2018

Over the next two years, manufacturers are set to invest more than $250 billion in the Industrial Internet of Things (IIoT), and the use of technology to improve manufacturing will only increase. Let us take a closer look at some the advanced manufacturing technologies set to define the state of manufacturing throughout 2018.

Supply Chain Design Software 205

Supply Chain Design Software Modeling Software Logistics Network Optimization Software Manufacturing Procurement 205

Kinaxis

AUGUST 18, 2014

This is the point where a consumer looks across all the channels in the market, using multiple devices to search reviews, ratings, styles and prices. 3PL’s, Contract Manufacturing, Suppliers, Logistics providers…. The time he refers to is the customer’s time to search, analyze and purchase a product.

Modeling 263

Modeling Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 263

Supply Chain Shaman

AUGUST 12, 2024

.” His narrative centers on the evolution of the global supply chain evolving with a focus on labor arbitration ignoring geographic distance and shipping issues. His belief is that the internet, container shipping, and global banking shrunk the supply chain. Supply-centric or Manufacturing Thinking. Let me explain.

Waste Reduction 195

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 195

Freightos

APRIL 25, 2024

e-commerce customers’ love for free shipping. ‘de minimis’ rule, which exempts imports under $800 from customs and makes brokerage fees minimal, they have shipped massive volumes via air cargo. rates soared to about $13/kg due to pandemic-driven demand and reduced capacity. Utilizing the U.S.

Cargo 293

Cargo Cost Reduction Strategies Price Reduction Material Savings 293

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Centralized information eliminates data silos and strengthens information sharing through real-time communication (instead of point-to-point data transmission). Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes.

Supply Chain Planning Software 298

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

Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The Company focused primarily on retail planning and wanted to extend its capabilities into a consumer products manufacturing solutions offering. The taxonomies and goals are different.

Supply and Demand 362

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 362

Logistics Viewpoints

JANUARY 26, 2021

While lean manufacturing and just-in-time were game-changing concepts when they were introduced, agility and resilience must be taken to an entirely new level post pandemic. Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts.

Agile and Lean Supply Chain 280

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 280

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Much of the inventory on the ships at sea will miss the essential seasonal windows. We are to blame.”

Supply Chain Design Software 275

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 275

Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. The volume of ocean shipments grew two-fold in the past decade, and the price of an ocean shipment increased 9-10X from 2020-2021. Since 1990, the size of ships increased 3X, but the design of the west coast ports remained largely unchanged.

Supply Chain Design Software 428

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 428

ToolsGroup

DECEMBER 2, 2021

Demand forecasting in supply chain management is the process of predicting demand, supply, and pricing for products. Download our ebook: Demand Forecast Is Why You Need to Adopt a Service-Driven Supply Chain Strategy. Image source: Stefan de Kok. Better demand forecasting can result in 10-30% reduction in obsolescence.

Inventory Reduction 156

Inventory Reduction Waste Reduction Forecasting Resource Reduction 156

Logistics Viewpoints

AUGUST 5, 2021

I was drawn to Hunter and Amory Lovins, who advocated a strategy pairing energy efficiency with renewables, long before its current popularity. Similarly, UPS has strong commitments to sustainability and invests in many options, such as alternative fuel vehicles, e-cycles in dense cities, and carbon offsets for purchase with shipping.

Supply Chain Planning Software 311

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 311

Logistics Viewpoints

DECEMBER 12, 2022

This manufacturer produces plastic reusable material handling containers and plastic fuel tanks. The Company operates eighteen manufacturing facilities, nine distribution centers located throughout North and Central America. Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company.

Supply Chain Planning Software 234

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Manufacturing Procurement 234

SYSPRO Smarter ERP

OCTOBER 18, 2021

Most manufacturing companies are working on what a low carbon future means for their business with the urgency to cut global CO2 emissions in half by 2030 and strive for a net-zero by 2050. We know that the manufacturing industry is the engine of economic growth and social impact. The pressure to confront climate change.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Resource Reduction Price Reduction 130

Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. We found three key strategies that could serve as a blueprint for other supply chains: Rethink Packaging. Rethink Partnerships.

Waste Reduction 229

Waste Reduction Sustainability Vendor Strategies Supply Chain Design Software 229

Supply Chain Shaman

FEBRUARY 18, 2021

Re-implement demand planning, trade promotion management, and revenue/price management together to improve the baseline demand signal. Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. This has changed.

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 275

Freightos

SEPTEMBER 8, 2020

Shipping containers are like scotch. . Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old. But decisions about how many barrels to produce or how many ships to sail have to be made in advance. And if not, why have prices been skyrocketing when demand is not? Is ocean freight pricing broken?

Purchasing Skills 218

Purchasing Skills Price Reduction Freight Supply Chain Software 218

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old. But decisions about how many barrels to produce or how many ships to sail have to be made in advance. Their “overperformance” quickly prompted accusations of profiteering or price manipulation, and even a couple government inquiries. Enter COVID-19.

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

ToolsGroup

APRIL 1, 2022

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Increased Prices Resulting from Shortages and Supply Chain Issues. Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Source: Consultancy.UK. Material Handling & Logistics ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Every KPI needs a clearly defined goal. Supplier KPIs.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Freightos

OCTOBER 26, 2020

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Post-2016 Strategy: End-to-end Shipping.

Logistics Network Optimization Software 336

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Price Reduction 336

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 228

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Timing was a further crucial factor.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

RPA can automate critical yet repetitive processes, driving increased efficiency, error reduction and faster throughput. This reduces costs, errors, and inefficiencies. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders.

Supply Chain Software 246

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

Logistics Viewpoints

FEBRUARY 25, 2022

I thought I understood all the major supply chain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and Supply Chain Strategy beyond Covid-19. Oil Prices Jump. The Potential Impact on the Electricity Prices. Russia Attacks Ukraine. The Threat of Cyberwar.

Price Reduction 239

Price Reduction Ukraine Russia Logistics Network Optimization Software 239

Logistics Viewpoints

MARCH 17, 2022

It is one of those high-end brands with global recognition, and to my surprise, the manufacturer’s own website did not have any stock and no indication on when it would be available. I recently changed continents and realized that my favorite hair styler wouldn’t work in the U.S., so I went online to order it.

Supply Chain Planning Software 314

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 314

GlobalTranz

OCTOBER 3, 2018

E-commerce has transformed how consumers shop and purchase their favorite products, as well as try new products and services. An e-commerce supply chain strategy must consider the unique needs of consumers around the globe, political climates, challenges to distribution, and the effect of major e-commerce giants, like Amazon and Walmart.

Cost Reduction Strategies 202

Cost Reduction Strategies Purchasing Skills Logistics Network Optimization Software Price Reduction 202

SCMDOJO

MARCH 8, 2024

In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries. Top 5 Inventory Optimization Strategies Explained Managing inventory efficiently is vital for any business. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

Inventory Reduction 98

Inventory Reduction Optimal Sourcing Cost Reduction Strategies Resource Reduction 98

ToolsGroup

OCTOBER 14, 2024

Spare parts supply chains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively. Optimizing spare parts inventory offers significant advantages for organizations, particularly in the manufacturing, maintenance, and repair sectors.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. This chemical manufacturer is converting its entire distribution system to containers. Another important aspect of logistics is time.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Logistics Viewpoints

JUNE 28, 2024

The end result is a blending of biotechnology and artificial intelligence to help us overcome our feeble human lives by cutting down on human aging as much as possible. It is the company’s largest plastic packaging reduction effort in North America to date and will remove almost 15 billion plastic air pillows from use annually.

Logistics Network Optimization Software 223

Logistics Network Optimization Software Waste Reduction Logistics Price Reduction 223

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics. Purchased parts and similar items.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 120

ToolsGroup

JANUARY 6, 2022

Covid has increased the amount of time it takes for foreign imports to reach us, and has significantly raised the price of importing products. We can take these off their hands efficiently and for a decent price, so it is a win-win for both of us. ” – Mike Skoropad, CEO, United Tires. Get the Free Playbook ?.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

GlobalTranz

DECEMBER 29, 2014

We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. The manufacturing firm would then have to organise shipping of the defective product, testing the product, dismantling, repairing, recycling or disposing the product. Read the Full Post. Read the Full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243