Supply Chain Dive

AUGUST 25, 2022

The automakers signed agreements to help build supply of minerals including lithium, cobalt and nickel in North America.

Raw materials 105

Raw materials Supply 105

Procurement Tactics

MARCH 22, 2023

Raw Materials Costs Iron ore, limestone, and coal are the main raw materials used for making HRC steel. Any increase in these materials’ prices will directly affect the cost stability of HRC steel prices. This additional interest apart from top HRC steel importers reflect the cyclical price fluctuation.

Price 174

Price Raw materials Supply Supply chain 174

Supply Chain Brain

FEBRUARY 21, 2023

Sadhna Gupta, assistant manager of procurement research with Aranca, describes recent trends in the price and availability of silicon metal, an essential material for global manufacturing, as well as the outlook for the coming year.

Raw materials 52

Raw materials Price Procurement Supply 52

Procurement Tactics

APRIL 13, 2023

Using environmentally-friendly materials Businesses should source sustainably produced raw materials that are made from recycled materials or products produced without harmful substances. For example, you can use bio-based raw materials which replace fossil raw materials that have a huge negative effect on the planet.

Sustainability 195

Sustainability Raw materials Procurement Procurement strategies 195

Procurement Tactics

APRIL 6, 2023

You can focus on slowly adopting a circular supply chain where the raw materials are recycled back into the production process. Furthermore, for composite products, you must identify the most important raw materials or semi-finished products and their origin.

Supply chain analysis 226

Supply chain analysis Supply Chain Efficiency Supply Chain Optimization Supply chain 226

Supply Chain Brain

AUGUST 20, 2023

and China provides yet another reminder of why American high-tech manufacturers need to diversify their supply of critical raw materials. The latest skirmish in the trade war between the U.S.

Global sourcing 98

Global sourcing Raw materials Sourcing Strategy 98

Procurement Tactics

JUNE 28, 2023

Commodities are Tangible products, which usually refer to raw materials that are used as inputs in producing other goods and services. Commodity Trading is the exchange of essential raw materials and goods. Commodity Trading is the exchange of essential raw materials and goods. What is Commodity Trading?

Raw materials 178

Raw materials Supply Chain Efficiency Procurement supply chain software solutions 178

All Things Supply Chain

OCTOBER 7, 2020

Streamlining the process of converting raw materials into valuable products that are ultimately delivered into consumers’ hands can make or break any business. This hugely complex process relies on a…

Supply Chain Optimization 194

Supply Chain Optimization Supply chain management Supply chain management Supply chain 194

All Things Supply Chain

JUNE 3, 2021

Tesla’s vehicle price increases due to supply chain pressures The price of Tesla vehicles is increasing due to supply chain pressures across the auto industry, particularly for raw materials. Prices…

Supply chain 160

Supply chain Supply Raw materials Price 160

Spend Matters

JULY 24, 2023

It now also covers raw materials (metals and ores, plastics and chemicals, minerals, paper and wood, etc.), industrial materials, energy and transportation. Here’s why Mintec matters: To the market — Mintec provides market intelligence for the food and beverage and raw materials industries.

Raw materials 82

Raw materials Market analysis Buyers Risk 82

Procurement Tactics

NOVEMBER 8, 2022

It focuses on optimizing processes from raw materials to the final products. Plus, it changes how businesses outsource their raw materials, which can now be done online. It dictates the raw materials you will need to procure, as well as the level of production. Improve Demand Forecasting.

supply chain budgeting 182

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 182

Supply Chain Brain

JUNE 5, 2023

The manufacturing floor operates in the blind in the absence of real-time data from suppliers on arrival of parts or raw materials, says Jeffrey Luft, portfolio development executive with Siemens Digital Industries Software.

Suppliers 98

Suppliers Real-time Visibility Raw materials Logistics 98

Supply Chain Dive

SEPTEMBER 2, 2022

Auto companies are pouring billions of dollars into new facilities and supplier agreements as they strain to secure needed raw materials.

Supply chain 142

Supply chain Raw materials Supply Suppliers 142

Supply Chain Dive

JULY 12, 2023

Sole source models and a lack of raw material control are the product of short-term strategies, one Supply Chain Dive panelist said.

Supply chain 93

Supply chain Sourcing Raw materials Supply 93

Procurement Tactics

JUNE 7, 2023

Purchase price variance (PPV) is a measure of the difference between the actual cost paid for a product or raw material and the standard cost that was expected to be paid. Whenever the cost of raw materials or components increases, purchase price variances are likely to ensue. Price Purchase Variance: What is it?

Purchasing 130

Purchasing Price Procurement strategies Raw materials 130

Supply Chain Brain

FEBRUARY 13, 2023

Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.

Raw materials 111

Raw materials Price 111

ProcurePort

JUNE 2, 2022

• Direct purchase orders are issued in the acquisition of raw materials that go into the final product in a manufacturing enterprise. •

Purchase orders 130

Purchase orders Purchasing Raw materials 130

Supply Chain Brain

OCTOBER 19, 2022

Where OEMs in the past could concentrate on securing supply of expensive components, now they have to think about everything that goes into production, including raw materials, too.

Supply chain 116

Supply chain Raw materials Risk management Supply 116

ProcurePort

JANUARY 20, 2022

Procurement teams rely on a multitude of frameworks to source and supply needed goods, services, and raw materials. A direct purchasing system (DPS) is a contemporary mode of procurement that has been adopted by numerous enterprises. This ‘free […].

Purchasing 130

Purchasing Raw materials Procurement team Procurement 130

Spend Matters

AUGUST 22, 2023

When price rises for raw materials, such as copper or wheat, are market-driven or are defined by market fluctuations, the procurement professional can be sure their supplier will be on the phone to set expectations of cost increases. But it’s not a two-way street. he asked an audience at a workshop he was hosting.

Suppliers 70

Suppliers Raw materials Procurement Supplier relationship management 70

All Things Supply Chain

FEBRUARY 19, 2021

Brexit causing supply problems for small UK manufacturers New post-Brexit trade restrictions have increased the cost of parts and raw materials for two thirds of small British manufacturers, a survey…

Supply chain 138

Supply chain Supply Raw materials 138

ProcurePort

JANUARY 13, 2022

They follow similar procure-to-pay procurement life cycle steps as when buying raw materials for fabrication of goods for sale. Do companies follow the same procure-to-pay procurement steps used in direct spending when making in-house related purchases? The answer is yes. Let’s find out. What […].

Procurement 130

Procurement Raw materials Purchasing 130

ProcurePort

NOVEMBER 24, 2020

Procurement is best described as the business of obtaining the raw materials needed by a company. A lot of people often use the terms procurement and sourcing interchangeably. While they are indeed linked, they are quite distinct processes in themselves. The post What is Sourcing?

Procurement 165

Procurement Sourcing Raw materials Strategic sourcing 165

ProcurePort

APRIL 21, 2021

Source to pay is one of the core processes alongside procure-to-pay that procurement teams rely on to ensure raw materials and required services are available as and when needed. So, what is s2p? Glad you asked. The post What is Source to Pay (S2P)?

Sourcing 130

Sourcing Raw materials Procurement strategies Procurement team 130

Strategic Sourceror

JANUARY 20, 2023

When transportation centers near critical waterways are unable to deliver goods beyond their central distribution points, manufacturers located further inland are unable to source the raw materials needed to deliver finished products. Flooding could severely impact the resiliency of global supply chains.

Supply chain 142

Supply chain Supply Raw materials Procurement 142

Procurement Heads

JUNE 26, 2023

Brexit and the COVID-19 pandemic led to increased recruitment activity in procurement across various industrial sectors due to a number of factors but namely a lack of availability of raw materials and specialist products.

Procurement 130

Procurement Raw materials Procurement strategies Supply chain 130

Supply Chain Brain

SEPTEMBER 16, 2022

The Pittsburgh-based producer said demand has dropped across most of its markets amid persistent supply-chain problems and higher costs for raw materials and energy in Europe.

Demand 97

Demand Raw materials Supply chain Supply 97

Supply Chain Dive

OCTOBER 27, 2022

The aluminum maker is diversifying its supply base after raw material constraints lowered production levels at its Indiana rolling mill.

Raw materials 98

Raw materials Supply 98

ProcurePort

APRIL 1, 2021

Procure-to-pay, also known as purchase-to-pay (P2P) is a fundamental procurement process designed to source and pay for the raw materials and or services needed by an enterprise to produce finished goods. […]. What is the role of a procure-to-pay portal in the P2P cycle?

Procurement 130

Procurement Raw materials Purchasing Sourcing 130

ProcurePort

MARCH 17, 2021

What is a bill of materials (BOM), and how does it impact the life of manufacturers? If you’re assembling a product, it’s important to have a manual that specifies the correct raw materials and provides a clear step-by-step manufacturing process. The post What is a Bill of Materials (BOM) and How Do You Create One?

Bill of materials 130

Bill of materials Raw materials Purchasing Import 130

Supply Chain Brain

JULY 29, 2021

Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis.

Raw materials 124

Raw materials Supply Demand 124

Supply Chain Brain

APRIL 17, 2022

But one of the easiest and most cost-effective ways to cut emissions, energy and consumption of raw materials is to rethink the way drinks are packaged and transported. Many efforts to reduce waste in the beverage industry have concentrated on recycling the billions of plastic containers, aluminum cans and glass bottles used each year.

Raw materials 115

Raw materials 115

Art of Procurement

AUGUST 3, 2023

China is one of the most influential consumer, industrial, and raw materials markets in the world. Unfortunately, they are also. The post Tesla Takes the Socialist Pledge appeared first on Art of Procurement.

Raw materials 52

Raw materials Procurement Suppliers Management 52

Supply Chain Dive

AUGUST 18, 2022

The beauty supplier is working to enhance vendor relations to get ahead of raw material constraints.

Raw materials 105

Raw materials Suppliers 105

Supply Chain Game Changer

APRIL 20, 2022

Within the apparel industry, the key operations within the supply chain concern the following: Movement of Raw Materials Human Resources Logistics and Transportation. Perhaps the hardest challenge looked at by this industry is the expense of cloth-making and the cost of both local and imported raw materials used for cloth-making.

Supply Chain Optimization 95

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply chain management 95

Supply Chain Brain

JULY 28, 2021

through year-end as spiking prices for everything from polypropylene, chemicals and other raw materials to logistics and labor show no signs of abating, Chief Executive Officer Mike Roman said. Mounting inflation will weigh on 3M Co.

Raw materials 119

Raw materials Logistics Price 119

Supply Chain Brain

MARCH 9, 2022

It stopped short of curbing sales of energy and raw materials, the country’s biggest contribution to global trade. Russia announced an export ban for more than 200 products after the economy was hit by sanctions over the invasion of Ukraine.

Export 103

Export Raw materials 103