Logility

MAY 17, 2023

The urgent need for supply chain resiliency is increasing interest in onshoring, reshoring, and nearshoring strategies. They’re also carefully pursuing suppliers, manufacturing, and distribution locations that are sustainable and resilient. Yet, their search is more than a matter of finding low-cost alternatives.

Vendor Strategies 169

Vendor Strategies Cost Reduction Strategies Price Reduction Inventory Reduction 169

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 Resource Reduction Cost Reduction Strategies 156

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. We speak of waste reduction and sustainability through a supply centric lens.

Waste Reduction 195

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

Jaggaer

NOVEMBER 14, 2024

Forward-thinking organizations have transformed the department into an untapped gold mine that creates value for the entire end-to-end manufacturing process—from design and sourcing to production and delivery. Our latest e-book, “ Is Manufacturing Missing Out On Procurement’s Value Add?

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 52

Jaggaer

OCTOBER 24, 2024

Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, Chief Procurement Officers are increasingly turning to supplier collaboration as a cornerstone of cost reduction. By contrast, collaborative procurement strategies focus on creating mutually beneficial partnerships.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Material Savings Negotiate Pricing 52

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. Pivot Toward Internal Manufacturing Presence.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

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. Email Address. Subscribe to Supply Chain Game Changer.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Supply Chain Matters

MAY 30, 2024

The reported strategy is to construct 14 assembly lines that can produce batteries for either hybrid, plug-in hybrid, or fully electric powered vehicles. According to a published report by Reuters , the move doubles down on the global auto maker’s strategy of both selling and catering to buyer needs for more than just plug-in EV s.

Price Reduction 52

Price Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 52

Logistics Viewpoints

OCTOBER 17, 2024

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Access to Unique Process and Asset Capabilities: Some suppliers offer unique skills, technologies, or processes that are not available in-house or through other sources.

Manufacturing Procurement 243

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 243

ShipBob

DECEMBER 28, 2022

Where you get these from, or how you source them, can be a huge decision. Sourcing can seem overwhelming if you’re a brand or retail buyer not entirely sure what you’re doing, but it can significantly impact the quality, cost, and availability of your products. What is strategic sourcing? What is procurement?

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

Logistics Viewpoints

JUNE 6, 2022

Transportation is, of course, a major source of green house emissions. Running more efficient routes, with more fully loaded trucks, saves money and reduces emissions. The desire to improve service, reduce cost, and reduce emissions, is part of the reason their customer Unilever selected their solution.

Cost Reduction Strategies 256

Cost Reduction Strategies Price Reduction Supply Chain Planning Software Transportation 256

QAD

JULY 30, 2024

It covers the procurement of items like: Raw materials Operational supplies Manufacturing machinery Product components Capital equipment With direct spend, procurement teams dedicate significant time to supplier development and maintaining supplier relationships, focusing on negotiating pricing, material quality and delivery schedules.

Optimal Sourcing 95

Optimal Sourcing Negotiating Skills Material Savings Manufacturing Procurement 95

DELMIA Quintiq

JULY 31, 2023

The food and beverage (F&B) industry has always been highly responsive to changes in consumer behavior, but rising food prices have brought about new challenges—pushing manufacturers to search for new ways to adapt and remain competitive in a rapidly changing market. What is an example of sustainable food?

Sourcing Strategies 156

Sourcing Strategies Supply Chain Planning Software Waste Reduction Price Reduction 156

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

QAD

FEBRUARY 23, 2023

At the same time, most simply cannot justify the more significant price tag with BEV models. The Inflation Reduction Act of 2022 includes various tax credit options for consumers and entities purchasing electric vehicles. A certain percentage of the vehicle’s battery components must be manufactured or assembled in North America.

Price Reduction 98

Price Reduction Cost Reduction Strategies Manufacturing Procurement North America 98

Logistics Viewpoints

APRIL 6, 2023

By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency. The common goal for all categories of product is that they must be available at the right time, right quantity and right prices.

Optimal Sourcing 218

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 218

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance Supplier relationships are at the heart of manufacturing performance. That’s why supplier collaboration—that consistent, trusted, and responsive interaction between supplier and manufacturer—is pivotal to manufacturing success.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Supply Chain Planning Software 52

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. About Paul Noble As Founder and Chief Strategy Officer of Verusen, Paul Noble oversees the company’s vision and strategic direction.

Optimal Sourcing 265

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 265

Unleashed

JANUARY 25, 2023

In these tricky times, smart cash flow management strategies are essential to bring down costs (or push profits) in controllable areas, offsetting international instability. This is achieved through the implementation and continued improvement of cash flow management strategies. To improve cash flow, process optimisation is necessary.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

ShipBob

JANUARY 15, 2024

Financially, it can lead to significant losses as businesses are forced to sell stock at discounted prices, or worse, write off unsold inventory as a loss. In this guide, we’ll explore the main causes of inventory glut, innovative strategies to tackle it, and how working with a 3PL can help reduce inventory risk. The result?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

ThroughPut

OCTOBER 10, 2024

As businesses globally focus on reducing lost productivity, costly downtime, and rising inventory expenses, effective spare parts management has become a top priority—especially for asset-intensive industries. Therefore, optimizing spare parts management is crucial for the success of supply chain, manufacturing, and maintenance operations.

Inventory Reduction 52

Inventory Reduction Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 52

Resilinc

JANUARY 19, 2022

spokesperson noted that this was not Toyota’s goal – and likely not sustainable – the change in ranking is widely seen as a vindication of Toyota’s supply chain strategies. Wolfsburg, Lower Saxony, Germany is Volkswagen’s HQ and site of a massive manufacturing complex.). While Toyota’s U.S.

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Price Reduction Cost Reduction Strategies 62

QAD

JUNE 29, 2023

Here are five key strategies for designing quality from the start, along with the tools, steps and environment needed to make it happen. This means involving stakeholders from across the company, including engineering, manufacturing, procurement, quality, maintainability, serviceability and sustainability, plus key suppliers.

Price Reduction 98

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 98

ThroughPut

SEPTEMBER 11, 2024

The advanced inventory flow management technology will help holistically optimize supply chain processes – from existing suppliers to individual workshops, improve asset availability while at the same time dynamically balancing inventories to reduce material waste and unnecessary spend. PR Contact Tina Jacobs pr@throughput.ai

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Price Reduction Resource Reduction 52

Resilinc

APRIL 17, 2024

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. The pandemic was a wake-up call to the dangers of single sourcing. What is single sourcing and sole sourcing?

Sourcing Strategies 96

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 96

ThroughPut

JUNE 5, 2024

Now, imagine if Sara’s applied the same supply chain strategy to both of these types of customers and channels. Improved accuracy in stock levels reduces costs associated with overstocking or understocking and enhances customer satisfaction by consistently meeting demand. What Are the Benefits of Customer Segmentation in Supply Chain?

Inventory Reduction 52

Inventory Reduction Material Savings Resource Reduction Sourcing Strategies 52

ThroughPut

JUNE 5, 2024

Now, imagine if Sara’s applied the same supply chain strategy to both of these types of customers and channels. This strategy involves dividing your network into segments where demands and supply responses are harmonized to achieve the greatest net profitability. If your answer to one or both of the above is a no, this blog is for you.

Inventory Reduction 52

Inventory Reduction Material Savings Sourcing Strategies Resource Reduction 52

Logistics Viewpoints

JUNE 14, 2022

At Logistics Viewpoints, we have written about how companies are looking to reduce carbon emissions, especially when it comes to transportation. As the world’s largest retailer, with a world-class transportation network, we have the ability to make a meaningful difference when it comes to reducing greenhouse gas emissions.

Waste Reduction 241

Waste Reduction Expense Reduction Price Reduction Cost Reduction Strategies 241

QAD

APRIL 22, 2021

Recent business turbulence has increased the awareness among manufacturers for improved communication and collaboration with suppliers. This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers. Boost Long-term Supplier Relationships.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 97

Jaggaer

JULY 10, 2024

Proven Techniques from Source to Contract By Georg Roesch, VP Direct Procurement In our recent guest article, Prof. Christian Heinrich, Co-Founder and Managing Director, carbmee, described “the 80% challenge” faced by manufacturing companies. from source to contract). Spend management: It begins here in most organizations.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 52

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 104

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 104

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. Greenscreens.ai’s dynamic pricing infrastructure built to grow and protect margins.

Optimal Sourcing 244

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 244

Oracle SCM

JULY 12, 2017

The years from 2007 through 2009 were notable for their economic volatility, reflected not only in the global economic recession but also the instability of customer demand and rapid movement in raw material, fuel, and commodity prices. They prioritized projects that reduced inventory and logistics expenses.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

QAD

JULY 21, 2022

Exacerbated by the pandemic, global supply chain challenges have included manufacturing lockdowns, labor issues across all sectors, transportation challenges ranging from port backups to a lack of truck drivers, and rapid and sudden changes in consumer demand. Price fluctuations and discounts resulting in increased purchases.

Price Reduction 98

Price Reduction Inventory Reduction Cost Reduction Strategies Optimal Sourcing 98

Silvon Software

NOVEMBER 14, 2024

For Greater Product Performance Visibility and Improved Sales & Demand Planning Consumer Packaged Goods (CPG) manufacturers operate in an increasingly competitive environment, where the ability to access and analyze timely, accurate data can make or break a company’s success. This process is known as data normalization and harmonization.

Inventory Reduction 52

Inventory Reduction Price Reduction Resource Reduction Optimal Sourcing 52

SCMDOJO

SEPTEMBER 24, 2024

It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity. Make vs Buy Analysis evaluates whether to manufacture a product in-house or purchase it from suppliers. External sourcing adds supplier pricing, shipping, and handling fees.

Optimal Sourcing 97

Optimal Sourcing Analysis Material Savings Supply Chain Software 97

SCMDOJO

SEPTEMBER 19, 2024

As a procurement officer, you’ve possibly been in the crosshairs of debate between sourcing locally and regionally versus from low-cost countries endorsed by many executive staff and boards of directors. Every time I was requested to have a target percentage of our purchases from low-cost countries I felt a pit in my stomach.

Purchasing Skills 98

Purchasing Skills Price Reduction Modeling Manufacturing Procurement 98