Supply Chain Shaman

JUNE 21, 2023

One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers. The analysis is biased toward large process-based manufacturers in the Gartner network. Is this success? I don’t think so. Learning Stalled.

Gartner 365

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 365

GlobalTranz

DECEMBER 29, 2015

We continue our series on the most read articles from the Cerasis blog for 2015 today by featuring any of the blogs in the transportation management or transportation categories. . We've already listed the top 10 manufacturing articles, the top 10 supply chain articles, and yesterday, the top 10 logistics articles.

Transportation Management 120

Transportation Management Transportation Cost Reduction Strategies Sourcing Strategies 120

Shipchain

NOVEMBER 15, 2018

Determining the total cost of transportation is essential to understanding your company’s profitability. Understanding the total cost of transportation means understanding the costs and factors affecting spend in each leg of the supply chain. When it comes down to it, accounting for the total cost of transportation is pretty complex.

Cost Reduction Strategies 90

Cost Reduction Strategies Expense Reduction Purchasing Skills Transportation 90

Supply Chain Shaman

NOVEMBER 9, 2014

The team was organized around the functional silos of source, make and deliver. Proudly, I had led my division to have the lowest manufacturing costs with the highest Return on Assets. When we started benchmarking companies, Deborah and I had a friendly wager. It had been this way for over two decades. It was not measured.

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

Supply Chain Shaman

SEPTEMBER 3, 2015

This morning, unexpectedly, I found myself in the middle of a debate between my two panelists on the Planning Benchmarking Panel for the Summit. Recently through my analysis of the planning benchmarking work, I have become fascinated on the role of inventory in the market-driven value network. This is a series of preparation calls.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Silvon Software

JUNE 1, 2023

The KPIs here highlight procurement, production, logistics, and customer fulfillment. This includes procurement, production, transportation, warehousing, and distribution. Transportation costs: Monitor and control the costs associated with transporting materials across the supply chain.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

The Logistics & Supply Chain Management Society

JULY 16, 2023

Halal risk management practices of most companies are passive, meaning it is limited to the compliance of suppliers and their own (manufacturing) operations based on the requirements of the halal certification body and their halal standard(s). On the other hand, halal risks in the entire supply chain are not on their radar screens.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

MIT Supply Chain

JUNE 13, 2013

A new tool enables procurers to negotiate product prices without bargaining away supplier goodwill. When bargaining with suppliers over a product price, how can procurement professionals secure the best deal without damaging a valued relationship by being overly aggressive? Identify the RM and manufacturing process for each sub part.

Negotiate Pricing 78

Negotiate Pricing Negotiating Skills Purchasing Skills Manufacturing Procurement 78

Pivot88

NOVEMBER 30, 2023

Each quarter, our parent company TradeBeyond publishes its comprehensive Retail Sourcing Report , which is filled with timely research, facts, and analysis to help brands and retailers make the most informed sourcing decisions.

Supply Chain Design Software 52

Supply Chain Design Software Retail Resource Reduction Manufacturing Procurement 52

Unleashed

JULY 25, 2021

Let’s look at how smart food businesses can reduce their waste – and how the right food manufacturing software helps them do it. How can food and beverage manufacturers reduce their waste? The following five strategies can help food and beverage manufacturers to manage and reduce their food waste: 1.

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

ToolsGroup

DECEMBER 16, 2021

This goes back to a very simple manufacturing principle, that work in process inventory is far from ideal. By increasing open-to-buy frequency you might increase inbound transportation costs or sacrifice order quantity discounts, but in the end, having inventory flexibility will be worth it. Building Retailer Success with Open-to-Buy.

Supply Chain Planning Software 156

Supply Chain Planning Software Retail Supply Chain Planning Scenario Planning 156

Logility

AUGUST 4, 2023

Whether your definition of value includes on-time, in-full (OTIF), inventory reduction or optimization, transportation spend, speed of decision making, supply chain costs, net working capital, or a myriad of other value measures, you know your business better than anyone.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Vendor Strategies 208

Enterra Insights

OCTOBER 26, 2023

Companies can leverage social media to obtain consumer behavior analytics while also monitoring the industry, news and other sources that can indicate potential supply chain disruptions like the passing of a new regulation. 7] It should be clear that resiliency is built on a foundation of data. .”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

Stord

AUGUST 5, 2020

Freight transportation is the culprit that makes up a vast majority of air pollutants and emissions in the US. While many companies actively report on direct emissions from and around manufacturing operations, indirect emissions consist of a much broader range of activities and are a significant contributor to the overall carbon footprint.

Waste Reduction 78

Waste Reduction Supply Chain Design Software Inventory Reduction Cost Reduction Strategies 78

Talking Logistics

APRIL 27, 2015

In the first episode of this educational series focused on the link between transportation management and supply chain excellence, Chris Timmer of LeanLogistics (a Talking Logistics sponsor) outlined the attributes of a strong transportation management foundation and how to build it. What’s the first step in that process?

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Supply Chain Strategy Strategy 100

Unleashed

FEBRUARY 12, 2024

This number can then be used as a benchmark for continual improvement, supporting sustainable business growth. forklifts, pallet jacks) Packaging materials Transportation within the facility By implementing lean strategies into your processes, you can reduce your holding costs and improve operational efficiency in one fell swoop.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

The Network Effect

OCTOBER 26, 2015

So far, we’ve covered order promising and delivery , replenishment planning and distribution services , supply chain benchmarking , orchestration , and harmonization. . The new technology architecture supports the entire procure-to-pay process in a multi-party, multi-echelon network.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Scenario Planning Supply Chain Planning 100

Requis

OCTOBER 30, 2020

Manufacturing sites have been rationalized in terms of, “we don’t need five factories in this country, we only need three, then two, then we don’t need them at all, we’ll move them to China”. Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. It is the main measurement benchmark in measuring supply chain performance, isn’t it? Transportation is measured just as a cost rather than what it does for the rest of the organization. We still focus on costs. Read More.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Supply Chain Shaman

DECEMBER 26, 2012

However, none of the three companies knew this before the benchmarking activity. This includes the automation of path-to-purchase for consumer products, active shaping of demand through price, channel incentives and promotions, eCouponing and mobile commerce for retail, and product proliferation for all. It constantly amazes me.

Manufacturing Procurement 187

Manufacturing Procurement Purchasing Skills Modeling Supply Chain Design 187

Elementum

OCTOBER 13, 2017

It's no surprise then that the company became a signatory of t he Chemical Footprint Project (CFP), a project of Clean Production Action, which provides a tool for benchmarking companies as they select safer alternatives and reduce their use of chemicals of high concern. Impact to Industry.

Material Savings 97

Material Savings Manufacturing Procurement Chemicals Supply Chain Planning Software 97

Oracle SCM

JULY 12, 2017

Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. The right prediction and contingency planning tools will ensure a complete view and an effective response to risks such as suppliers going out of business, political upheaval, and natural calamities affecting manufacturing.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Logility

AUGUST 25, 2020

Management must be cognizant of issues of procurement, manufacturing, inventory, and distribution that impact satisfaction and loyalty. Warehousing and transportation costs. KPIs that show performance relative to industry benchmarks and peer performance are usually strategic KPIs that may be assessed monthly or quarterly.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Unleashed

FEBRUARY 1, 2023

This enables the company to manufacture and distribute its product in a way that, ideally, efficiently meets consumer demand. Beyond these ‘soft skills’, demand planning requires the ability to analyse data including internal records, manufacturer predictions, consumer trends and behaviours, and market shifts.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. Just-In-Time (JIT) Inventory Management, also known as lean manufacturing or the Toyota Production System (TPS), is a strategy that aligns raw-material orders from suppliers directly with production schedules. How Does Just-In-Time (JIT) Work?

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. The goal is deeper analytics to sense and respond across make, source and deliver. It is clear. I am not surprised.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Tompkins Blog

MARCH 13, 2014

RALEIGH, NC — Shippers and carriers this year can expect to see many new trends related to transportation, as well as a continuation of several critical challenges from 2013. Trends in the Transportation Industry , a report by Tompkins Supply Chain Consortium, pulls back the curtain on today’s hottest transportation issues.

Report 67

Report Transportation Raleigh Supply Chain Network Software 67

GlobalTranz

AUGUST 11, 2016

In this blog, Andy discusses the health of the manufacturing industry, manufacturing technology orders, and setting benchmarks for company performance. The State of the Health of The US Manufacturing Sector & Manufacturing Technology Orders. USMTO is managed by AMT, The Association For Manufacturing Technology.

Manufacturing Procurement 120

Manufacturing Procurement Forecasting Software Analytics Software Optimization Software 120

NC State SCRC

JANUARY 25, 2018

RTi, based out of Forth Worth, TX, is working with NC State’s Supply Chain Resource Cooperative, attracted by our strong program in procurement and supply chain, the focus on analytical thinking and modeling, and the mix of engineering and business students who work on projects with our industry partners. But RTi is growing.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Negotiate Pricing Price Reduction 40

GlobalTranz

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. We relay on guest bloggers and the expertise of others for manufacturing best practices.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

The Logistics & Supply Chain Management Society

JULY 14, 2021

We had to break them up into a lot of different modules, such as production management, order management, procurement, MRP, etc. With a network-based strategy, you not only see the logistics, transportation planning, and execution, but you can also see the order. They were designed to be enterprise-centric hub and spoke systems.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Network Software Optimization Software Network Optimization 130

Logistics Bureau

OCTOBER 20, 2021

Calculate cash-to-cash cycle time by adding the number of days that inventory is on hand to the number of days (on average) that customers take to pay for their orders and deducting the number of days it typically takes for your organization to pay for its purchases. Customer Order Cycle Time. Lower-tier KPIs in Action: An Example.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

GlobalTranz

MARCH 7, 2016

This is a critical component of seeking improvement in the supply chain, and benchmarking enables a supply chain entity to assess the current condition of such technologies and applications to improve the overall supply chain. What About the Driver Shortage and Transportation Rate Hike?

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Supply Chain Game Changer

FEBRUARY 27, 2019

Risk management strategies of yesteryear are ineffective in the changing landscape, and no type of transport can avoid risks. Source raw materials from reclamation centers where possible. Although systems can be integrated through open-source software, integration and modification of systems increase risk. Transport Loss.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57