Supply Chain Shaman

JANUARY 8, 2024

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. The supply chain has two important buffers–inventory and capacity. The reason?

Supply Chain Design Software 239

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 239

GlobalTranz

MAY 4, 2017

Automation sales declined throughout 2016, but industry experts believe a major shift toward third-party companies is coming, reports Patrick Burnson of Supply Chain Management Review Manufacturers need to increase production without increasing overhead costs, and outsourcing technology to 3Pls is the perfect solution.

Supply Chain Design Software 140

Supply Chain Design Software Inventory Management Software Optimization Software Demand Planning Software 140

Unleashed

AUGUST 30, 2021

Here we examine manufacturing downtime in detail, including what it is, what causes it, and what it can cost your business. Because even small manufacturing firms with limited capital can reduce the risk of suffering unexpected outages through measures like preventive maintenance, staff training and the use of smart manufacturing software.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Predictive Analytics Software Material Savings 98

Unleashed

AUGUST 12, 2021

Food manufacturers will find new opportunities in the alternative protein market as consumer demand surges for non-meat proteins: insect, plant and algae-based products, and ‘lab meat’ cultivated from animal cells. The demand for alternative proteins has surged in recent years, creating an opportunity for food manufacturers.

Manufacturing Procurement 98

Manufacturing Procurement Case Study Food Study 98

GlobalTranz

NOVEMBER 15, 2016

The flowering of e-commerce—while welcomed by most manufacturers and distributors/retailers—has introduced far more risk and complexity for logistics managers. Download the Background & Considerations for Manufacturers & Distributors to Set up an E-Commerce Logistics Practice E-Book! retail sales.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Software Manufacturing Predictive Analytics Software 120

RFgen

FEBRUARY 9, 2017

RFID tagging helps managers keep a more accurate stock of their inventory. In a previous article we wrote, we outlined five tips that could help warehouse managers create a well-oiled supply chain strategy for 2017. The post 3 Inventory Management Trends That Will Take Shape in 2017 appeared first on RFgen.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 52

RFgen

FEBRUARY 9, 2017

RFID tagging helps managers keep a more accurate stock of their inventory. In a previous article we wrote, we outlined five tips that could help warehouse managers create a well-oiled supply chain strategy for 2017. The post 3 Inventory Management Trends That Will Take Shape in 2017 appeared first on RFgen.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 52

Supply Chain Shaman

JUNE 19, 2018

It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement. For greater insights, see Table 2. This work is not easy. Today, it is not.

Gartner 209

Gartner Supply Chain Design Software Supply Chain Design Supply Chain Strategy 209

Unleashed

OCTOBER 27, 2020

For medical device manufacturers connected to the Covid-19 pandemic response, 2020 has been a year of growth. However more broadly the industry has faced the same challenges as other manufacturing sectors, with a -4.4% But also on how medical device manufacturers navigate other challenges specific to their sector.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Manufacturing Inventory Management Software 105

Arkieva

MARCH 7, 2017

From discussions on enabling advanced business processes and improving supply chain visibility, to supply chain technology trends, the SAPInsider SCM 2017 in Orlando Florida, is set to be a fun learning and networking experience for supply chain professionals using SAP systems.

Supply and Demand 60

Supply and Demand Demand Planning SCM Supply Chain Planning Software 60

Kinaxis

JUNE 26, 2017

The 2017 Supply Chain & Logistics EMEA summit & expo was one such opportunity. About three hundred supply chain professionals from various pockets of the world representing manufacturers, retailers, logistics providers, and technology vendors took part in the summit.

Agile and Lean Supply Chain 0

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Planning 0

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Based in Paris, L’Oréal is a global personal care manufacturing company.

Case Study 261

Case Study Inventory Reduction Agile and Lean Supply Chain Study 261

Supply Chain Shaman

JUNE 23, 2020

I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). The term “AI” is overused.

Supply Chain Design Software 290

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 290

Enterra Insights

OCTOBER 26, 2022

From supporting cutting-edge cancer research to helping businesses track their inventory, machine learning and AI offer the ability to disrupt and enhance our existing processes in virtually every segment of society.”[1]. ”[1]. If you think their rhetoric is hyperbolic, think again. Footnotes. [1] 3] Eric Siegel, “ Why A.I.

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

Resilinc

APRIL 30, 2024

1 Production delays Manufacturing facilities in the hurricane’s path may be damaged or forced to close, leading to production delays or stoppages. 2 Transportation and distribution issues Damage to transportation like roads, ports, and airports can disrupt the movement of goods, causing delays and distribution challenges.

Supply Chain Software 94

Supply Chain Software Supply Chain How To Forecasting 94

Enterra Insights

JANUARY 25, 2023

”[2] The most successful companies in the Digital Age will be those that demonstrate the best “phygital” fitness (i.e., This technology took a step further in 2002 when Michael Grieves publicly introduced the concept and model of the digital twin at a Society of Manufacturing Engineers conference in Troy, Michigan.

Supply Chain Design Software 130

Supply Chain Design Software Modeling Predictive Analytics Software Optimization Software 130

GlobalTranz

FEBRUARY 2, 2016

How often do you hear the term, “productivity in manufacturing?” Today we will talk about how supply chain mobility will aid in this pursuit, but first let's take a look at what it means to manufacturers. Each of these definitions applies to a manufacturer’s ability to produce a surplus of a product.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Manufacturing 120

Logistics Viewpoints

MARCH 8, 2023

In 2017, a chicken farm affiliated with Tyson Foods discovered a flock had been contaminated. The US Department of Agriculture cattle-inventory report highlighted that the number of cattle is down 3 percent from last year, and more ranchers are selling off animals in anticipation of herd size decreasing.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Planning Supply Chain South Korea 221

EazyStock

FEBRUARY 1, 2021

Better Inventory Management for eCommerce. A critical area of focus should be your eCommerce inventory management processes. Here’s how eCommerce businesses can improve their inventory management. Improving your eCommerce Inventory Management. Forecasting eCommerce inventory demand. Want to know how?

Inventory Management Software 52

Inventory Management Software Modeling Optimization Software Inventory Management 52

Resilinc

OCTOBER 2, 2023

million Americans in the auto parts manufacturing business, but the damage will hit smaller auto suppliers that are further down the supply chain the hardest. While companies do have some excess inventory available, the automotive supply chain is experiencing layoffs, furloughs, auto parts shortages, and idling operations.

Automotive 75

Automotive Negotiate Pricing Negotiating Skills Supply Chain Planning 75

Talking Logistics

OCTOBER 27, 2017

Ryder Reports Third Quarter 2017 Results. Prime members can pre-order the Amazon Key In-Home Kit, which includes Amazon Cloud Cam and one of several compatible smart locks by leading lock manufacturers Yale and Kwikset. stores to replenish inventory faster and save employees time when products run out.” in September.

Logistics Network Optimization Software 103

Logistics Network Optimization Software Modeling Software Forecasting Software Supply Chain Network Software 103

Enterra Insights

JUNE 1, 2021

Back in 2017, Andrew Busby ( @andrewbusby ), Founder and CEO of Retail Reflections, declared, “Cognitive computing is forever changing how we shop. 2] Since then, the influence of social media has only grown with Instagram and TikTok. 1] The momentum for leveraging cognitive technology has been growing for the past few years.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

RFgen

MAY 24, 2018

Aerospace manufacturers fave a variety of challenges moving forward. Aerospace manufacturers have long had to grapple with a combination of complex workflows, tight profit margins, and strict regulations. Pressure Escalating in Aerospace Manufacturing. The result is lower costs to manufacture and more rapid production.

Aerospace 52

Aerospace Manufacturing Procurement Quality Manufacturing 52

RFgen

MAY 24, 2018

Aerospace manufacturers fave a variety of challenges moving forward. Aerospace manufacturers have long had to grapple with a combination of complex workflows, tight profit margins, and strict regulations. Pressure Escalating in Aerospace Manufacturing. The result is lower costs to manufacture and more rapid production.

Aerospace 52

Aerospace Manufacturing Procurement Quality Manufacturing 52

Supply Chain Shaman

AUGUST 7, 2019

In my work with manufacturing companies recently, I am thinking a lot about the need for diagnostic testing. In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. inventory turns.

Supply Chain Design Software 252

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 252

Enterra Insights

MARCH 9, 2021

” If manufacturers didn’t believe that truism before, they certainly believe now it — thanks to 2020. ” If manufacturers didn’t believe that truism before, they certainly believe now it — thanks to 2020. “Pilots were fruitful enough to convince manufacturers about the importance of data. .

Supply Chain Planning Software 130

Supply Chain Planning Software Industrial Industry Supply Chain Design Software 130

Supply Chain Shaman

FEBRUARY 12, 2017

Note that neither company is making progress at the intersection of operating margin and inventory turns. Performance of BMS and Merck at the Intersection of Inventory Turns and Operating Margin. The level of improvement of Novo Nordisk, as shown in Figure 2, caused us to reach out to the leadership team to understand why.

Pharmaceutical 150

Pharmaceutical Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design 150

Supply Chain Shaman

MARCH 9, 2020

In the downturn of the market in 2017, it took the average supply chain six months to adjust, I expect alignment with this shift to be worse. Simplistic thinking of trading-off customer service, inventory and cost became much, more complicated with the shifts in asset strategies. Supply chains operate blindly on order data.

Supply Chain Design Software 308

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 308

PINC

FEBRUARY 1, 2017

Based on our independent research, the productivity of today’s complex warehouse and manufacturing operations will be impacted by the following inefficiencies in yards: 1. Delayed shipments to and from the warehouse 2. Lack of shipment and trailer visibility needed for efficient shuttling between plant and distribution centers 3.

Supply Chain Planning Software 50

Supply Chain Planning Software Real-time Visibility Supply Chain Software Logistics Network Optimization Software 50

Resilinc

AUGUST 17, 2021

Even though supply disruptions have eased from 1) the worst days of the pandemic lockdowns, 2) Hurricane Laura and 3) the Texas deep freeze, Resilinc’s EventWatch continues to alert customers to a large number of potential disruptions related to polymer. In China, building up inventories is a trend that predated the pandemic.

Forecasting 62

Forecasting Supply Chain Risk Management Texas China 62

Enterra Insights

JUNE 28, 2018

”[2] Sallet argues a mature IoT has the potential to increase productivity and spur economic growth. But some believe now that IoT can boost productivity growth by increasing the efficiency of traditional business operations such as manufacturing, transportation, and retail.” The solutions to close the gaps are not easy.”[2]

Internet of things 100

Internet of things Supply Chain Network Software Analytics Software Predictive Analytics Software 100

Supply Chain Shaman

JANUARY 2, 2019

Companies cannot save their way to supply chain excellence with cost-cutting and inventory management — customer back capabilities. Digital Manufacturing Success. In the next two years, companies will make the most progress in the area of digital manufacturing. While not explicit, the driver was to develop market share.

Prescriptive Analytics Software 241

Prescriptive Analytics Software Supply Chain Planning Software Predictive Analytics Software Analytics Software 241

ModusLink Corporation

MARCH 9, 2022

Traditionally, inventory counts were a complex exercise done manually about once a year but RFDI technology enables retailers such as Macy’s to monitor stock monthly bringing accuracy from 60% to over 90%. 2017, June 28). Roadmap for strengthening the vaccine supply chain in emerging countries: Manufacturers’ perspectives.

Internet of things 78

Internet of things Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 78

Supply Chain Shaman

APRIL 26, 2018

In attendance are manufacturing representatives from BASF, BerryGlobal, Corning, Covestro, Grace, Evonik, Intel, Monsanto, and Smith’s Detection. Technologists and manufacturers working together to try to define multi-tier processes to redefine B2B. Stuck, only 10% of manufacturers are driving improvement. (90%

Supply Chain Network Software 186

Supply Chain Network Software Network Optimization Supply Chain Software Optimal Sourcing 186

EMERGE App

MAY 28, 2019

Here, we’ll start by covering what reducing your inventory means. Then we’ll summarise some inventory holding costs that you might not know about. Finally, we’ll cover 5 ways that you can take to sensibly reduce your inventory now. What Does Reducing Your Inventory Mean? What Are Inventory Holding Costs?

Inventory Reduction 45

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 45

Supply Chain Opz

JANUARY 3, 2022

Our Rating: 5/5 2. What sets it apart: This book is probably one of the earliest books about warehouse management and it has been around for more than 2 decades. Chapter 2 will introduce you to the on-time, in full metric. Prior knowledge of lean manufacturing is required. Our Rating: 5/5 4. Our Rating: 4.9/5

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Enterra Insights

OCTOBER 8, 2019

trend requires manufacturing companies to adopt innovation automation and data exchange solutions like the Internet of Things, cloud computing, cognitive computing, artificial intelligence, and many other intelligent technologies.”[2] Inventory management. Manufacturing. The Industry 4.0 They are: 1.

Internet of things 100

Internet of things Analytics Software Supply Chain Planning Software Supply Chain Network Software 100