Intelligent Audit

MARCH 17, 2022

A host of issues are starting to affect inflation and fuel prices in particular. It’s barely been a month since UPS fuel surcharges were the latest topic, but with fuel prices skyrocketing to surpass records, they are once again on the table and weighing on the industry’s collective minds. . The State of Fuel Prices.

Price Reduction 98

Price Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 98

Supply Chain Matters

JULY 25, 2022

As the calendar now moves to the second half of 2022, it is important to focus on rapidly changing developments including a marked escalation in geopolitical tensions that impact global supply chain strategies. Restoring More Direct Control in Materials Sourcing.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Supply Chain Matters

MARCH 22, 2022

This latest updated forecast indicates that model simulations suggest a sizeable impact to global growth as well as the threat of higher prices, as much as a reduction of one percent GDP growth this year, and global inflation rates raised to upwards of 2 ½ percentage points in the first full year of the conflict.

Forecasting 52

Forecasting Ukraine Price Reduction Inventory Reduction 52

MIT Supply Chain

MARCH 14, 2022

Russia’s brutal invasion of Ukraine intensifies the product shortage and price rise issues we have come to associate with Covid-19. Moderating forces will prevail Shortages of consumer goods and price hikes were on an upward track before the Russian offensive. The good news?—?if including myself?—?have

Ukraine 98

Ukraine Global Russia Los Angeles 98

Elementum

AUGUST 28, 2017

It would also have the second largest land mass behind Russia, with about 5.4 In developing countries, food loss is significantly higher in the early stages of production mainly due to poor storage, packaging, and transport facilities as well as inefficient harvesting and processing techniques. billion tons every year.

Waste Reduction 68

Waste Reduction Material Savings Food Resource Reduction 68

Kinaxis

JUNE 19, 2017

You have to start thinking of your supply chain as providing a service, and you must develop a digital strategy, not just an ecommerce one, to deliver it. With the emergence of rideshare giant Uber comes a new form of gig economy, and it’s expanding well beyond the confines of individual transportation. Global purchasing power.

Gartner 269

Gartner Supply Chain Design Software Pricing Training Resource Reduction 269

Elementum

MAY 29, 2018

It would also have the second largest land mass behind Russia, with about 5.4 In developing countries, food loss is significantly higher in the early stages of production mainly due to poor storage, packaging, and transport facilities as well as inefficient harvesting and processing techniques. billion tons every year.

Waste Reduction 60

Waste Reduction Food Material Savings Resource Reduction 60

Resilinc

MARCH 28, 2023

Asia Energy Crisis Currently, both China and Pakistan are suffering a major energy crunch from dwindling energy supplies and high global gas prices. While there is in fact enough natural gas to make it through until the warmer months hit, lack of budget and pricing regulations have resulted in a shortage ( New York Times ).

Asia 62

Asia Europe Pakistan Nigeria 62

Supply Chain Matters

OCTOBER 5, 2022

Trade and output will be weighed down by multiple shocks, among them being the war in Ukraine, high energy prices, inflation and monetary tightening. World GDP at market exchange rates is forecasted to increase by 2.8 percent in 2022 and by 2.3 percent in 2023 (revised downward from 3.2 Further Warning of Recession. Added Thoughts.

Price Reduction 52

Price Reduction Inventory Reduction Global Forecasting 52

Supply Chain Matters

JULY 6, 2022

Toyota Motor reported a 19 percent decline in total sales for the first six months of this year while Hyundai Motor reported a 23 percent decline in second quarter sales and a 16 percent sales reduction for the first half of 2022. The strategy was ill-timed given the onset of the global Covid-19 pandemic in 2020 and 2021.

Supply Chain Disruption 52

Supply Chain Disruption Inventory Reduction Examples Supply Chain Strategy 52

American Global Logistics

DECEMBER 7, 2022

However, businesses found ways to eliminate, avoid, or mitigate these disruptions. Trade basically ceased as ports closed because of western- imposed economic sanctions on Russia. Cargo planes could not fly out of or into Russia or Ukraine. Likewise, ships could not sail into or out of Russia and Ukraine. Both the U.S.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

SCMDOJO

JULY 29, 2022

The demand is subjected to change due to many factors drastically, including pandemics (COVID-19), war (Russia-Ukraine war), and last but not least technological advancements. The price is constant and independent to the quantity and time: [4]. That the only relevant costs are holding costs, setup and ordering costs : [3]. 3rd edition.

Sourcing Strategies 131

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 131

Logistics Viewpoints

MAY 22, 2023

Last year multiple companies needed to urgently relocate their employees and their families from Russia and Ukraine. At the same time, another company might have twenty suppliers with similar pricing strategies, who supply the same raw material. Let’s continue with this analogy. Think about these relocations!

Supply Chain Design Software 199

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 199

Supply Chain Matters

JUNE 3, 2022

Once again the data collectively provides evidence that disruptions remain occurring among industry supply chains, compounded by the manufacturing, logistics and transportation disruptions occurring in China. Further indicated was panelists continuing to note supply chain and pricing issues as their prime concerns. in May from the 46.0

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Supply Chain Planning Report 52

Intelligent Audit

MAY 25, 2022

is seeing some relief in diesel prices a few weeks after, as FreightWaves put it, “the East Coast diesel market ran away from the rest of the country.” administration and agencies to provide logistics and transportation support as needed, because when it matters most, FedEx delivers.” Diesel Supply Improves for East Coast.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Optimization Supply Chain Software 52

Supply Chain Matters

MAY 23, 2022

This index complies 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. to Asia , as well as the European consequences of the ongoing Ukraine-Russia conflict as now driving added index volatility. Transportation Price growth is down sharply (-15.8)

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

Proxima

AUGUST 25, 2022

Supply chains thrive on predictability, yet China’s continued zero-Covid policy is causing uncertainty and taking an economic toll at a time when we are learning to cope with other significant challenges, such as the fallout of the Russia – Ukraine conflict.

Policies 91

Policies Global Manufacturing Procurement Supply Chain Software 91

Intelligent Audit

SEPTEMBER 28, 2022

As gas prices begin to creep up , shippers are growing anxious about what the coming months will bring. logistics industry, the freight railroads and three of the nation’s largest transportation labor unions managed to reach a tentative agreement the the early hours of Thursday, September 15th. In a welcome turn-of-events for the U.S.

Price Reduction 52

Price Reduction Supply Chain Planning Software Industry Industrial 52

Supply Chain Matters

APRIL 5, 2024

India has again demonstrated the highest level of PMI growth and the report authors point to Greece, Indonesia, Russia and Brazil as demonstrating stronger rates of expansion. As stated, the March report pointed to further increases in both input costs and selling prices by the end of the first quarter. reflecting a 1.3

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

Supply Chain Matters

JANUARY 31, 2023

Supply Chain Matters provides highlights of global parcel transportation and logistics carrier UPS’s report of Q4 and full year 2022 financial performance, and the likely implications. Some recovery is indicated for the second half. In 2022, the average rate while was 5.9 percent, and in 2021 it averaged 4.9

Packaging 52

Packaging Negotiating Skills Price Reduction Cost Reduction Strategies 52

Supply Chain Matters

AUGUST 3, 2022

A growth spurt in the spring has quickly gone into reverse, with new orders for factory goods down for a second straight month in July, leading to the first drop in production for two years and sharply reduced employment growth.” The July 2022 Manufacturing ISM© Report on Business reported the lowest PMI value since June 2020.

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

NC State SCRC

OCTOBER 5, 2022

He began by noting that the prices of commodities are jumping around, owing to the on-going concerns around suppliers and destruction of infrastructure. One of the biggest contributors to inflation is the increase of oil and gas prices, which will remain high as long as the conflict in the Ukraine rages. The Curse of Inflation.

Conference 52

Conference Ukraine Global Purchasing Skills 52

Unleashed

APRIL 18, 2022

Covid, Brexit and the war in Ukraine have all sent supply chain shocks around the globe, forcing firms to rethink their business-as-usual supply chain management strategies, and concentrate instead on building supply chain resilience. Risk management is central to all manufacturing production strategies.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Inventory Reduction Supply Chain Strategy 97

Supply Chain Matters

JULY 7, 2022

Further indicated was that a reduction in new orders coupled with a sustained rise in employment levels led to success in clearing order backlogs. Supplier shortages and rising inbound costs contributed to what was noted as a rapid rise in operating expenses, resulting in higher selling prices. for June indicating growth in activity.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

Logility

OCTOBER 18, 2022

Production halts, container and transport shortages, and port logjams are just a few of the factors eating away at both efficiency and profits. And because of the catastrophic impact on the global food supply, as well as food prices, more than a billion people could be pushed into famine and destitution.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

Supply Chain Matters

JUNE 17, 2022

Reportedly, since Russia’ s invasion of Ukraine , global CEO s are confronting a world of extraordinary volatility and uncertainty, forcing many to reassess their growth assumptions and put strategic plans on hold. The noted overall theme from this survey were indications that recession. cyberattacks. Inflation are top of mind concerns.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

SYSPRO Smarter ERP

JUNE 14, 2022

For instance, the recent war between Russia and Ukraine not only affected the petrol and oil prices significantly, but the war-imposed constraints on the ability to use Russian transportation infrastructure to support manufacturing in Asia, proving that this crisis requires a particular set of resilience capabilities.

Prescriptive Analytics Software 105

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics Software 105

ToolsGroup

MARCH 5, 2019

He adds, “Often, last-mile distribution costs to rural areas are high and reliability is low, compounded by the lack of visibility of in-transit shipments.” ( Invest in Four Key Capabilities While Developing Your Demand-Driven Supply Chain Strategy for Emerging Markets , 18 September 2017) Let’s take Indonesia, for example.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 159

Supply Chain Matters

MAY 3, 2022

They collectively provide evidence that the prior disruptions still occurring among industry supply chains, compounded by the latest manufacturing, logistics and transportation disruptions occurring in China, will have a longer economic and service level effect in the coming months. Global Manufacturing Output Levels Declined.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

USC Consulting Group

MARCH 27, 2023

One of the wild cards in terms of supply chain is the current geopolitical instability, with the war in Ukraine lingering and tensions heating up with China and Russia. Prices are rising. It has caused 80% of respondents in the Deloitte survey to report they’re raising prices further to compensate. Economic pressures.

Consumer Goods 40

Consumer Goods Manufacturing Procurement Six Sigma Purchasing Skills 40

Supply Chain Matters

APRIL 6, 2022

While developed regions have managed to sustain some production momentum, there are growing concerns related to continued high levels of cost inflation and added global transport disruption. The Prices Index , a measure of inbound cost increases, rose 11.5 Source: JP Morgan and S&P Global, March 2022. in March, a 14-month low.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Purchasing Skills Global 52

Enterra Insights

AUGUST 14, 2020

IoT strategies not only can help companies cut costs and improve efficiencies, but also can help them transform supply chains to offer manufacturers greater product differentiation and innovation.”[2] ”[7] Boruvka suggests a few strategies companies should focus on to mitigate IoT risks. ”[3].

Internet of things 100

Internet of things Supply Chain Strategy Supply Chain Software Supply Chain 100

Intelligent Audit

MAY 12, 2022

Often, the general public’s view of freight transportation is similar. With a sudden large intake of truck or rail transportation, society moves on with their lives, understanding only a fraction of the supply chain in its entirety. The Bureau of Transportation Statistics reported that, “Freight shipped across the U.S.

Freight 52

Freight Rail Software Analytics Software Price Reduction 52

CH Robinson Transportfolio

FEBRUARY 10, 2022

event of 2022, my colleagues, Christina Carroll, vice president of LTL, Alan Rowlett, director of global operations and strategy, and I set out to offer exactly that. The first is pricing, especially the record rates within the international supply chain. In our first Market Insights Live! Q1 2022 Supply Chain Trends and Hot Topics.

Trends 72

Trends Supply Chain Strategy Container Tracking Supply Chain Planning Software 72

Supply Chain Matters

MARCH 4, 2022

EV Start-Up Rivian Encounters Order Fallout From a Price Hike Decision. The company’s sales strategy is similar to that of Tesla in that customer’s order vehicles directly from Rivian on its website, with no dealer network involved. That latter statement was candid and revealing to state the least.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy Supply Chain Software 52

o9 Solutions

JANUARY 5, 2023

From the earlier post-pandemic shocks to the Russia-Ukraine conflict and the acceleration of energy transition, these factors have caused further uncertainty for the oil and gas industry. It helps reduce COGs from your supply chain, reduces the risk of being unable to fulfill market demand, and enables sustainability goals.

Modeling 52

Modeling Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software 52

Supply Chain Matters

SEPTEMBER 3, 2022

We additionally noted that many businesses were factoring uncertain product demand and supply network risks, and that was going to make industry supply chain strategies far more challenging in the weeks ahead. On the positive side, rates of input cost and output price inflation again eased, similar to that reported for July.

Manufacturing Procurement 59

Manufacturing Procurement South Korea Manufacturing Global 59