Supplier Relationship Management: Driving Success in Modern Supply Chains
The automotive industry is grappling with many challenges as it transitions to electric vehicles (EVs), while simultaneously navigating volatile production schedules, tightening regulatory compliance, and placing rising pressures on supplier relationships....
Unlocking Shop Floor Success Through Hidden Challenges
In today’s rapidly evolving manufacturing landscape, achieving operational excellence requires more than simply hitting production targets or managing inventory levels. Success depends on seamlessly integrating all business functions—from demand planning and...
How Process Intelligence Transforms Logistics Operations
Today’s supply chain management landscape is rapidly evolving. Businesses face immense pressure to optimize operations, enhance customer service and reduce costs.
As a result, companies turn to logistics providers. Logistic companies —...
Why Executive Meetings are Crucial for S&OP
S&OP and Executive Meetings, a Necessary Tandem
As mentioned in our article, “Understanding Sales and Operations Planning”, S&OP is a structured planning process that uses forecasted customer demand to drive production schedules....
Auto Supply Chain Insights: Global Trade, Compliance and Logistics with Tenneco
Today’s businesses are beset by a multitude of challenges around trade compliance. From a worldwide shipping container shortage, to backed up ports of entry and constantly changing global policies – it’s...
Risk Management and Mitigation Through S&OP
Understanding S&OP in Risk Management
Risk management and mitigation play a crucial role in Sales and Operations Planning (S&OP). In this blog post, we will delve into how S&OP can effectively identify...
5 Steps for Effective Product Portfolio Management
As we outlined in the “S&OP: A 7-Step Business Process” article, periodically reviewing each of the products in your portfolio is a key component of product portfolio management. It is essential...
What to Know About Direct Spend Management
Direct Spend Management Explained
Direct spend management refers to the processes of tracking, controlling and optimizing the purchases directly tied to producing a company's products or services. It covers the procurement of...
Tips to Boost Business Alignment Through S&OP
Enable Optimized Decision-Making
In today's fast-paced business environment, achieving alignment across all departments and trading partners is crucial for sustainable success. Effective Sales and Operations Planning (S&OP) plays a crucial role in...
What is Landed Cost and Its Importance?
Introduction
The accurate analysis and calculation of total landed costs is imperative for organizations with global supply chain operations. However, many companies overlook common cost elements including duties, tariffs, taxes, harbor fees...