ToolsGroup

MAY 17, 2022

A combo of pandemic-related increased demand, and the tragic destruction of a key chlorine manufacturer have led to 2022’s swimming pool chlorine shortage. Image source: Cape Analytics. Image Source: Nola. Image Source: USA Today. Image source: CNBC. The cause of this tragedy? Why is there a chlorine shortage?

Purchasing Skills 367

Purchasing Skills Louisiana Manufacturing Procurement Las Vegas 367

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. As the world for non-essential workers moved to on-line meetings, conference calls, and uncertainty, essential workers redefined the workplace to mitigate risk. China was the source of over 90% of PPE.) Figure 1 shows a market-by-market planning model by a sinus drug manufacturer.

Supply Chain Planning Software 440

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 440

DELMIA Quintiq

SEPTEMBER 14, 2023

Medical Device manufacturers face an increasingly dynamic and intricate landscape. Innovative personalized manufacturing approaches have emerged, yet many organizations struggle to fully realize their potential in this rapidly evolving race.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

AIMMS

JUNE 16, 2020

Another use case we see for scenario modeling in the current context is evaluating new sourcing locations. A recent Thomas survey found that 64% of manufacturing companies are likely to “bring production and sourcing back to North America” in view of COVID-19. Evaluating Potential for Reshoring .

Modeling 361

Modeling Network Design Software Network Design Scenario Planning 361

Supply Chain Shaman

APRIL 18, 2023

Abandon the processes focused on multiple layers of meetings to improve collaboration of organizations that are not aligned, but focused on transactional data. Build in-market sourcing. Rationalize global strategies to focus on building markets based on in-market sourcing. History is a poor guide for the future.

Supply Chain Planning Software 388

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 388

Logistics Viewpoints

AUGUST 18, 2021

The July 2021 Manufacturing ISM Report On Business shows that economic activity in the manufacturing sector grew in July, with the overall economy notching a 14th consecutive month of growth. If supply does not increase to offset excess demand, then high prices could persist and cause continued pricing pressure. Final Word.

Supply Chain Disruption 333

Supply Chain Disruption Manufacturing Procurement Supply Chain Purchasing Skills 333

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Electronic Data Interchange (EDI) does not meet this definition.

Supply Chain Network Software 273

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 273

DELMIA Quintiq

DECEMBER 14, 2021

Source: [link]. With the right solution and strategy, food manufacturers have the potential to create a major impact in reducing the scale of our global food waste crisis. The first step requires food manufacturers to embrace two concepts: supply chain transparency and the circular economy. Enable Sustainability with DELMIA.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

Logistics Viewpoints

APRIL 26, 2021

For example, a vaccine manufacturer increased their order size by a factor of four in one weekend; a video call company wanted to receive ten times as much product as they initially forecast with just a month’s lead-time. Pure Storage’s manufacturing is done at three contract manufacturing sites, two in Texas and one in the Czech Republic.

Supply Chain Design Software 226

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Czech Republic 226

The Logistics & Supply Chain Management Society

APRIL 26, 2022

by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

3GTMS

MARCH 17, 2021

In the blink of an eye, offshoring manufacturing halted worldwide, forcing companies to find alternative ways to meet demand and explore potential reshoring possibilities. To make up for the higher costs of in-country sourcing, businesses search for ways […].

Trends 219

Trends Manufacturing Procurement Demand Planning Software Supply and Demand 219

DELMIA Quintiq

SEPTEMBER 16, 2021

Meeting these objectives, on top of addressing existing industry challenges, requires steel manufacturing companies to become more efficient and flexible in their operations—and this means optimizing their master production schedules. As your steel manufacturing operations transform, so too will the complexity of your planning needs.

Optimal Sourcing 287

Optimal Sourcing Supply Chain Optimization Network Optimization Optimization Software 287

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

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Logistics Viewpoints

OCTOBER 23, 2023

The discipline has done a good job of driving collaboration between sales and marketing and manufacturing, procurement, and logistics. SpaceX designs, manufactures, and launches advanced rockets including Starship, the tallest and most powerful rocket in existence. Here is one excerpt from the book that highlights this theme.

Manufacturing Procurement 297

Manufacturing Procurement Supply Chain Design SAP Procurement 297

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. But manufacturers are unique. What is Manufacturing Inventory Control? What is Manufacturing Inventory Control? 4 Common Inventory Pitfalls Manufacturers Must Avoid.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

DELMIA Quintiq

SEPTEMBER 28, 2023

This is where inventory meets the supply chain. Manufacturing planners and organizations can build resilient supply chains to improve productivity and efficiency, ensure on-time delivery with shorter lead times and take advantage of opportunities for innovation and sustainable growth. How do you keep food plenty and mugs full?

Optimal Sourcing 333

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Optimization 333

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

JANUARY 13, 2023

Trey is the Co-founder and CEO at Amplio , an Atlanta based tech firm that predicts and prevents material and parts shortage for companies in the electronic manufacturing space. Trey Closson is the Co-founder and CEO at Amplio, an Atlanta based tech firm builds supply chain resilience for electronics manufacturers. About Trey Closson.

Manufacturing Procurement 186

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 186

Logistics Viewpoints

JANUARY 31, 2024

This will urge companies to verify their emissions upstream, internally, and downstream to meet regulatory needs and the increased demands for verifiable data for their downstream customers. Finding this data may reveal that double the work is being completed to source information that already exists in other branches.

Report 290

Report Data Material Savings Manufacturing Procurement 290

Enterra Insights

JANUARY 6, 2023

We all know the storyline that insists advanced economies have moved on from the Industrial Age to the Digital Age and have become service-focused rather than a manufacturing-focused. ” Santhanam is one of a trio of co-authors who have labeled this manufacturing resurgence the “Titanium Economy.” ”[4].

Manufacturing Procurement 130

Manufacturing Procurement Manufacturing South Carolina Pricing Training 130

Logistics Viewpoints

JUNE 3, 2024

Manufacturers refer to it as the “shop floor to top floor disconnect.” This reflects manufacturers’ difficulty in synching the plans finalized in an integrated business planning executive meeting with what the shop floor is capable of manufacturing in the short-term time planning horizon.

Supply Chain Planning Software 265

Supply Chain Planning Software Supply Chain Planning Scenario Planning Manufacturing Procurement 265

The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. This helps organizations reduce risk and tail spend, optimize working capital, and ensure production uptime to meet customer needs.

Optimal Sourcing 267

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 267

Logility

APRIL 17, 2023

As a manufacturing leader, you’re faced with constant disruptions, labor shortages, and the threat of job loss — time is of the essence. In this article, we’ll discuss the importance of technology investment in manufacturing, highlighting the three areas where manufacturers need to invest.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 130

The Logistics of Logistics

MAY 10, 2023

Jorge is Co-CEO of The Nearshore Company , where he helps North American, European, and Asian manufacturing companies to successfully establish reliable manufacturing operations in Mexico. About The Nearshore Company The Nearshore Company is a manufacturing services company that was founded in 1992. Jorge holds a B.A.

Mexico 214

Mexico China Manufacturing Procurement Sourcing Strategies 214

Supply Chain Shaman

MARCH 5, 2019

I am embarrassed to ask, but we were discussing the topic at our board meeting yesterday, and I must admit that we have more confusion than clarity.”. While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. What is an easy definition? Visibility. 2) Latency.

Supply Chain Design Software 294

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 294

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. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

Agile and Lean Supply Chain 289

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 289

ToolsGroup

JULY 19, 2023

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. Digital Twin Applications For instance, say you’re a manufacturer or distributor. Are you a manufacturer wondering how best to leverage real-time data to elevate your business performance?

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

The Logistics & Supply Chain Management Society

MAY 28, 2022

In these times of global turmoil, there are five (5) important megatrends shaping supply chain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supply chain management. From global to local and regional sourcing. Marco Tieman – CEO, LBB International.

Innovation 244

Innovation Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 244

Supply Chain Shaman

AUGUST 12, 2024

I would like for us to move past the conventional view of sourcing strategies and globalization to drive improvements to the supply chain in a variable world. The populist narrative of sourcing globalization is only part of the story. Too few are questioning the products that should have never been manufactured. Let me explain.

Waste Reduction 195

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

ToolsGroup

AUGUST 25, 2022

Instead of rough approximations and one-size-fits-all logic, ToolsGroup inventory optimization automatically assigns a different service target to each individual SKU-L, pinpointing the optimum solution to meet business goals. Source: [link]. Access the SPARK Matrix™. for Global Supply Chain Inventory Optimization, 2022.

Optimal Sourcing 222

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 222

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. It provides a single source of truth with visibility and analytics based on the same data. so I went online to order it. Response to disruptions.

Supply Chain Planning Software 311

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 311

Supply Chain Shaman

JUNE 3, 2024

similarly, over 95% of manufacturers invested and implemented supply chain planning, but their primary tool today is Excel. Meet my terrier crew. How should procurement execute forward buys, give visibility on procurement constraints, or drive bi-directional orchestration across make, source, and deliver? So, does this dog hunt?

Supply Chain Planning Software 343

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 343

Logistics Viewpoints

JANUARY 18, 2022

Insufficient materials to meet customer demand. In addition, there are disruptions in the manufacturing of parts and supplies of raw materials. As many retailers will look into sourcing products locally, re-evaluating their supply and logistics networks for optimizing their supply chains will be more critical than ever.

Supply Chain Planning Software 291

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 291

Logistics Viewpoints

MAY 8, 2023

Increasingly it is recognized that the executive planning meetings, that typically take place once a month, should be chaired by a top floor executive – a chief financial officer, chief operations officer, or even chief executive officer. “In There is a known problem for manufacturers in synchronizing their supply chain.

Supply Chain Planning Software 229

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 229

The Logistics & Supply Chain Management Society

MARCH 16, 2021

We are struggling to meet the day-to-day requirements of employee safety, product security, brand protection, people retention and generate enough cash flow to survive and retain our customer bases. China fully shutdown its manufacturing output during this phase affecting consumers globally. Manufacturing Planning.

Pharmaceutical 246

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

Logility

MAY 3, 2021

S&OP integrates plans for every department , combining the needs and opportunities facing customer support, sales, marketing, development, manufacturing, sourcing, and financial into one tactical strategy. This usually requires frequent as-needed meetings along with scheduled weekly gatherings. S&OE Bridges the Gap.

Inventory Reduction 246

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 246