ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Supply Chain Matters

SEPTEMBER 3, 2022

Supply Chain Matters provides our commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The August S&P Global US Manufacturing PMI™ again fell to a two-year low of 51.5, The August 2022 J.P.

Manufacturing Procurement 59

Manufacturing Procurement South Korea Manufacturing Global 59

SYSPRO Smarter ERP

DECEMBER 15, 2021

regional research into manufacturing and distribution companies during the Covid-19 period to date. And as a result, the Kenyan manufacturing and distribution sector is receiving half the help of the global average, with Value Add reduced by 0.1% Spending and Innovation – the focus and source of funds. The Manufacturing 4.0

Manufacturing Procurement 104

Manufacturing Procurement Kenya Distribution Supply Chain Planning Software 104

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. In a November survey , 87% of merchants shared that they already were affected by increased freight costs. What is just-in-time procurement?

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

Enterra Insights

AUGUST 8, 2018

For nearly a decade, pundits have been touting the transformative effects of additive manufacturing (aka 3D printing). ”[1] Most analysts include additive manufacturing in their list of technologies that collectively are fostering the next industrial revolution, which is often referred to as Industry 4.0.

Manufacturing Procurement 100

Manufacturing Procurement Manufacturing Supply Chain Design Software Supply Chain Planning Software 100

Supply Chain Game Changer

NOVEMBER 2, 2022

Manufacturing. Supply chain management is the backbone of manufacturing. Census Small Business Pulse survey. These delays were most prevalent in the manufacturing, construction, and trade sectors as a result of supply chain disruptions. It was conducted from May 31 to June 6.

Supply Chain Planning Software 96

Supply Chain Planning Software Risk Management Supply Chain Software Predictive Analytics Software 96

Logility

MARCH 16, 2023

What does all of this mean for manufacturers and distributors? Higher interest rates and materials prices are increasing the costs of carrying inventory. And rapid shifts in market demand always leave someone holding excess inventory. And rapid shifts in market demand always leave someone holding excess inventory.

Network Design Software 130

Network Design Software Network Design Supply Chain Design Network Optimization 130

IQMS

JULY 2, 2018

72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient. 72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient.

Manufacturing Procurement 71

Manufacturing Procurement Optimal Sourcing Manufacturing Inventory Reduction 71

Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

GlobalTranz

APRIL 6, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices. Manufacturing and supply chains couldn’t ramp up fast enough.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

The Logistics & Supply Chain Management Society

MAY 28, 2022

In a recent Federation of European Risk Management Associations (FERMA) survey with McKinsey , business operations and supply chain emerged as weak points in the areas of risk and resilience. Do you know where the manufacturing facilities of your suppliers (and their suppliers) are physically located? It’s a multi-enterprise challenge.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

QAD

SEPTEMBER 3, 2020

The disruption caused by the COVID-19 pandemic has certainly increased the awareness among manufacturers for improved communication and collaboration with suppliers. Manufacturers require integrated supplier management to ensure the timely flow of goods and information. Supply Risks.

Supplier Management 63

Supplier Management Manufacturing Procurement Inventory Reduction Cost Reduction Strategies 63

QAD

JUNE 8, 2021

The Guardian stated : “The technology industry faces a growing shortage of semiconductors and other high-tech components following a failure to invest in new manufacturing facilities during the recession, experts have warned.” As a result, automotive OEMs were not able to ramp-up demand requirements fast enough back up the supply chain.

Supply Chain Software 96

Supply Chain Software Automotive Demand Planning Software Forecasting Software 96

Logistics Viewpoints

MARCH 21, 2021

According to one survey , only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements. AGCO is an agricultural equipment manufacturer. Ronan Stephens is the senior vice president of supply chain management and external manufacturing at Ipsen.

Supply Chain Design Software 241

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 241

Logistics Viewpoints

NOVEMBER 7, 2022

For supply chain executives, this is a good time to start contemplating stock keeping unit (SKU) reductions (reducing the number of products and product variations manufactured). Inventory write downs are common. It is not just US tool manufacturers that are affected. The signals tend to lag what is happening in the market.

Supply Chain Planning Software 212

Supply Chain Planning Software Supply Chain Design Software Vendor Strategies Supply Chain Software 212

QAD

MARCH 9, 2023

Instead, geopolitical, inflationary and environmental forces have created new challenges for manufacturers and their supply chain partners. Supply chain planning is more important today than ever before and there’s good news: Manufacturers have options for mitigating global supply chain risk and keeping costs in check.

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 93

The Logistics & Supply Chain Management Society

JULY 21, 2020

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

Supply Chain Matters

SEPTEMBER 23, 2022

In recent Supply Chain Matters commentaries focused on automotive industry supply networks, we have focused on how the ongoing global wide shortage of semiconductor logic devices continues to provide noteworthy manufacturing, supply chain as well as financial impacts. Background. Broader Industry Perspectives.

Cost Reduction Strategies 59

Cost Reduction Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Planning Software 59

Enterra Insights

OCTOBER 21, 2021

For instance, unsold goods being sent from a retailer back to a distribution center or the manufacturer would constitute reverse logistics. Often, retailers consider a product’s supply chain to be complete the moment that it is purchased or received by a consumer. ”[3]. Return Strategies are Becoming More Important.

Reverse Logistics 130

Reverse Logistics Cost Reduction Strategies Material Savings Manufacturing Procurement 130

RFgen

MARCH 29, 2015

In the manufacturing industry, keeping track of the source from which materials come from is a high priority. One of the most important variables that manufacturers need to keep an eye on is their mineral and metal supply sources. an enticing location to source them. Wanted: Advanced Mobile Data Capture Systems.

Manufacturing Procurement 52

Manufacturing Procurement Resources Manufacturing Data 52

RFgen

MARCH 29, 2015

In the manufacturing industry, keeping track of the source from which materials come from is a high priority. One of the most important variables that manufacturers need to keep an eye on is their mineral and metal supply sources. an enticing location to source them. Wanted: Advanced Mobile Data Capture Systems.

Manufacturing Procurement 52

Manufacturing Procurement Resources Manufacturing Data 52

Taulia

APRIL 13, 2022

In some cases, creating a finished product involves sourcing numerous different items from different locations – all of which have to be aligned if the process is to work smoothly. The supply chain typically spans a number of steps as items move between the supplier, manufacturer, distributor, retailer and consumer.

Supply Chain Disruption 98

Supply Chain Disruption Supply Chain Optimization Supply Chain Planning How To 98

Unleashed

NOVEMBER 15, 2021

Learn more: The Ultimate Manufacturing Guide: SME Manufacturing Explained What is mass customisation? It’s a manufacturing process for customising goods at scale while keeping unit costs low – a middle ground between standardisation and personalisation. Mass customisation does what it says on the tin.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Forecasting Software 98

Supply Chain Shaman

MARCH 28, 2016

The average manufacturing company’s supply chain organization is 15 years old. In our analysis, only one out of ten companies successfully improves operating margins and inventory turns at the same time. Inventory Turns. The bigger the inventory turns number the better. Cash-to-Cash.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

NC State SCRC

JULY 19, 2022

I had the pleasure of hearing Professor Jason Miller from Michigan State University speak to the Center for Advanced Purchasing Studies members today, sharing with us a variety of fascinating charts and figures that he pulled from all of the publicly available data produced by the federal government – most of it is census data.

Manufacturing Procurement 52

Manufacturing Procurement Purchasing Skills Price Reduction Michigan 52

Supply Chain Shaman

JULY 25, 2016

The source data for the analysis is public reporting of balance sheets and income statements. We find the patters and the intersection of inventory turns and operating margin and growth and Return on Invested Capital (ROIC) to be insightful.). Figure 1: Supply Chains to Admire Methodology. The Results.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210

Resilinc

FEBRUARY 14, 2022

The protests—especially the blockade of the Detroit-Windsor border crossing—have caused delays and bottlenecks in production across the automotive industry in the U.S. and Canada. Toyota, Ford, GM, Honda, and other major automakers have been forced to curtail production due to parts and materials shortages.

Detroit 62

Detroit Canada Automotive Manufacturing Procurement 62

BlueYonder

DECEMBER 26, 2017

By the end of 2020, one-third of all manufacturing supply chains will be using analytics-driven cognitive capabilities, thus increasing cost efficiency by 10% and service performance by 5%. Manufacturers that can speed their adoption of digital capabilities in order to create business value will be the leaders of their industry.".

Supply Chain Design Software 93

Supply Chain Design Software Analytics Software Supply Chain Software Modeling Software 93

Talking Logistics

JUNE 5, 2017

In countless surveys over the past decade, manufacturers and retailers rank “improving supply chain visibility” as one of their top priorities. As reported in the Wall Street Journal last week: “Automotive value chains are international. N suppliers have manufacturing sites in a X mile radius of the epicenter.

Supply Chain Software 122

Supply Chain Software Manufacturing Procurement Supply Chain Supply Chain Risk Management 122

BlueYonder

MAY 25, 2018

In this week’s Friday in 5: Best Buy increases inventory to support multiple channels; Americans say their economic prospects are brighter, despite ongoing concerns; Nordstrom bets big on high-touch technology; Parts Town takes a new approach to automation technology; and a new complication slows free trade negotiations.

Inventory Reduction 40

Inventory Reduction Demand Planning Software Supply and Demand Meeting 40

BlueYonder

MAY 25, 2018

In this week’s Friday in 5: Best Buy increases inventory to support multiple channels; Americans say their economic prospects are brighter, despite ongoing concerns; Nordstrom bets big on high-touch technology; Parts Town takes a new approach to automation technology; and a new complication slows free trade negotiations.

Inventory Reduction 40

Inventory Reduction Demand Planning Software Supply and Demand Supply Chain Software 40

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. fashion, automotive, spare parts, airlines). This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging. retail, e-commerce, food production).

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Supply Chain Shaman

APRIL 7, 2016

I am a manufacturing gal by training. It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. The DuPont supply chain supplied products and services into the housing and automotive supply chains. Include the supplier’s warehouse and manufacturing locations.

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Vinculum

JULY 7, 2020

A survey by Engine found that people are spending on an average 10-30% more online. As people are making buying choices based on new and ever-changing global and local circumstances, the product categories that are being purchased are also changing. Reactive health management (purchasing protective gear like masks and hand sanitizers).

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Demand Planning Software Retail 52

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. Automotive is a perfect example of what not to do in building supply chain value. It was one of the issues of American automotive companies’ demise.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

Supply Chain Insights

JULY 26, 2016

The source data for the analysis is public reporting of balance sheets and income statements. We find the patters and the intersection of inventory turns and operating margin and growth and Return on Invested Capital (ROIC) to be insightful.). Supply Chains to Admire Methodology. The Results. Twenty-one companies meet this criterion.

Pharmaceutical 110

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 110

Logistics Viewpoints

JUNE 23, 2021

An understanding of these dynamics was the goal of ARC’s survey-based research conducted with DC Velocity earlier this year (see DC Velocity Infographic in June 2021 issue). Our survey was conducted with respondents across manufacturing, wholesale, retail, and logistics service provider (3PL) sectors.

Manufacturing Procurement 195

Manufacturing Procurement Survey Apparel DC 195