Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Networks and Sourcing. Supplier Due Diligence.

Supply Chain Network Software 297

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 297

Logistics Viewpoints

SEPTEMBER 19, 2023

Risk events that happen in one part of the supply chain can cause a disruptive effect that is amplified multi-fold given the complex connectivity of labor, raw materials, and capacity. Balancing supply and demand by orchestrating the flow of materials and information is a key requirement for managing operational risks.

Supply Chain Design Software 280

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 280

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) Understanding this relationship requires modeling. (A A Case Study.

Procurement Analytics 337

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 337

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. The traditional leader values cost reduction but is blind on how to value time. Order cycles–the requested time from order to delivery–decreased while supply cycles –the time to procure materials– increased.

Supply Chain Planning Software 386

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 386

Logistics Viewpoints

JANUARY 3, 2025

The DOE is still issuing large federal loans to startup companies, Novonix a synthetic graphite startup just received a $755 million loan to support its mission and reach its goal of producing 31,500 metric tonnes of synthetic graphite. Department of Energy to build a synthetic graphite facility in Chattanooga, Tennessee.

Supply Chain Software 280

Supply Chain Software Negotiating Skills Supply Chain Planning Software Purchasing Training 280

Kinaxis

JULY 18, 2014

Are you looking for some reading material to pass the time on your next flight? Even if you’re not you should check out Supply Chain Insights, Supply Chain Metrics That Matter. Think about those design, sourcing and delivery challenges. by Bill DuBois. The report uses the Boeing 747-8 International as an example.

Supply Chain Planning 224

Supply Chain Planning Supply Chain Design Supply Chain Strategy Aerospace 224

DELMIA Quintiq

DECEMBER 14, 2021

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. Source: [link]. There already are options such as food sharing and food saving platforms to help reduce the problem of food waste on the consumers’ end. The Right Approach to Food Waste Reduction.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

Logistics Viewpoints

OCTOBER 26, 2021

Supply chains must be connected and collaborative so all links can align to business strategy and oriented toward a common set of the most important metrics (and not functional metrics that drive siloed behavior). Reduce waste and aim for circular, not linear, designs. The future of supply chain can be full of blooms.

Supply Chain Design Software 293

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software Pharmaceutical 293

Logistics Viewpoints

APRIL 21, 2021

The point of the virtual summit was to discuss how streamlining the order-to-fulfillment process achieves perfect delivery, improves customer loyalty, and reduces costs. What is the Perfect Delivery Metric? The wrong metrics drive suboptimal behaviors and metrics can often be manipulated. Third is to deliver on time.

Sourcing Strategies 287

Sourcing Strategies How To Supply Chain Design Software Supply Chain Planning Software 287

Unleashed

MARCH 9, 2021

In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. What is procurement?

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

DELMIA Quintiq

OCTOBER 7, 2020

Covid has also revealed issues like the frailties in many areas of global supply chain: shortages created when raw material needed to complete a product are stuck at a border, and the pandemic holds those materials indefinitely. Identify metrics, analytics and projects to drive business improvements.

Supply Chain Design Software 358

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 358

The Logistics & Supply Chain Management Society

JULY 23, 2020

“When the world changes around you, and when it changes against you, what used to be a tailwind is now a headwind — you need to lean into that and figure out what to do because complaining isn’t a strategy.”. This allows Zara to make products that meet consumer tastes and reduces the number of items they must sell at a discount.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

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. billion a year.

Supply Chain Planning Software 263

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 263

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. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

ivalua

JULY 15, 2021

With this mounting pressure to commit to Net Zero and CPOs goals and incorporate sustainability metrics into all aspects of procurement decisions and processes, businesses are looking to elevate ESG strategies with a mind for climate change, ethical social practices and stronger governance models.

Material Savings 130

Material Savings Sourcing Strategies Supply Chain Strategy Sustainability 130

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. Despite goals to improve agility and resiliency, functional metrics for manufacturing efficiency continually throw the supply chain out of balance.

Agile and Lean Supply Chain 296

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 296

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. Offer bulk-purchase discounts or throw a 2-for-1 sale.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

Logistics Viewpoints

JULY 19, 2023

The report provides a cross-industry perspective on environmental sustainability in logistics including fuel consumption, screening logistics providers, packing material, sales order delivery, and reverse logistics based on 1,157 valid participants. This percentage does not vary much for those respondents at the 25th or even 75th percentiles.

Sustainability 246

Sustainability Optimal Sourcing Logistics Material Savings 246

ToolsGroup

JUNE 2, 2023

In this blog post, we’ll explore the challenges of inventory management in today’s manufacturing landscape , discuss the importance of a “single source of truth” for global inventory, and introduce a powerful solution that can help manufacturers transform their operations and drive profitability. Supply chain is fickle.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Unleashed

APRIL 27, 2022

With material costs rising and the drive towards sustainable practices in full swing, the circular supply chain has become an attractive way for manufacturers and sellers to manage their supply chains in a more environmentally friendly way – and save costs in the long term. So how do you close the loop on your supply chain?

Material Savings 96

Material Savings Waste Reduction Cost Reduction Strategies Resource Reduction 96

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. When companies look at singular metrics (labor costs or inventory), they have moved backwards. The trade-offs are easier and the value network strategies more straightforward. Aligning metrics matters.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 256

Precoro

DECEMBER 24, 2024

Read on to explore key AI use cases in procurement, the challenges businesses face, strategies to overcome them, and the exciting opportunities AI brings for the future. Contract analysis AI in sourcing and procurement is transforming contract management by automating key tasks like contract review, compliance tracking, and renewal alerts.

Price Reduction 89

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 89

Supply Chain Shaman

DECEMBER 17, 2018

The implementation of a Demand-Driven Materials Requirements Planning (DDMRP) using Orchestr8 followed in 2017. The Terra Technology implementation is an example of demand sensing while the DDMRP implementation is an example of demand translation of the probability of demand into materials requirements. Nick does this well. The reason?

Demand Planning Software 254

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 254

Supply Chain Shaman

JANUARY 14, 2013

Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. ERP is valuable to improve transactional accuracy, but I can find no evidence that investments in ERP have reduced inventory or improved cash-to-cash cycles. Don’t get me wrong.

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 260

The Logistics & Supply Chain Management Society

MAY 18, 2021

With 52% of respondents working on individual digital projects but lack an overarching corporate strategy. For companies that aim well and execute effectively, the resulting cost reductions could be transformational. Strategic product segmentation, sourcing and inventory management. The same should also be deployed downstream.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

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. I also suggest to our clients that they keep the following basic principles in mind relative to their KPI strategies.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Supply Chain Opz

JANUARY 7, 2013

Interesting point is that Apple Inc has to make the pre-payments to some suppliers to secure the strategic raw materials. Apple Inc purchases raw materials from various sources then get them shipped to an assembling plant in China. . Some components are currently obtained from the single or limited sources. A Case Study.

Case Study 279

Case Study Study Negotiating Skills Supply Chain Planning Software 279

The Logistics & Supply Chain Management Society

MAY 28, 2022

While it’s undeniably important to source products responsibly and produce recyclable or reusable products, companies also need to focus on making the transportation and distribution of products more sustainable. Ensure Your Materials Are Ethically Sourced. You may even save money by choosing a local supplier.

Sustainability 264

Sustainability Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization 264

Supply Chain Opz

JUNE 1, 2014

Aerospace Industry is characterized by high material costs (about 65-80%). There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

SCMDOJO

OCTOBER 28, 2024

Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies. Keep Reading to unlock a 50% discount code! Click here to learn more and register today!

S&OP 97

S&OP Optimal Sourcing Supply and Demand Material Savings 97

SCMDOJO

AUGUST 4, 2023

If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business. In some cases, inventory levels can see an increase to save costs, increase profit, and more.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 98

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The company’s current strategy is to bring a Connected Enterprise to life.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

RFgen

DECEMBER 19, 2024

Supply Chain Resilience: Strategic partnerships with reliable suppliers guarantee consistent material availability, regardless of production scale. Dependencies on suppliers who cant meet increased demand can lead to material shortages and production delays. This reliability prevents bottlenecks and keeps production flowing smoothly.

Material Savings 68

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 68

QAD

AUGUST 12, 2021

If you’re reading this blog in 2021, you know about the increasing importance of sustainability and reduced environmental impact with fires in the western US, excessive flooding in Europe and a recent Canadian heat wave. The benefits go beyond brand allegiance to include: Improved operational efficiency with reduced waste and costs.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

RFgen

NOVEMBER 27, 2024

It’s the key to transforming your supply chain from a source of frustration into a well-oiled, profit-generating machine. You’ll learn how to leverage data to streamline operations, reduce costs, improve efficiency, and exceed customer expectations. That’s where data analytics comes in. Ready to get started?

Optimal Sourcing 89

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 89

Unleashed

MARCH 23, 2021

Chances are, especially in this strange new economy, life is going to get fairly complicated as you need to adjust the supply of materials to meet changing demand , as well as account for all the other little details that come along with purchasing and utilising materials. But what do materials managers do, and why are they important?

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

Logility

DECEMBER 14, 2021

In a collaborative environment, companies can execute their sustainability strategy through consensus with supply chain stakeholders. Effective governance requires real-time data to improve sourcing decisions, create and nurture a strong supplier network, and provide the transparency consumers demand. Key Takeaways: Talk isn’t enough.

Supply Chain Planning Software 197

Supply Chain Planning Software Government Supply Chain Software Sourcing Strategies 197