Logistics Viewpoints

APRIL 8, 2024

Brandon Daniels, CEO of Exiger The pandemic got almost every company talking about resilience. Supply chain risk solutions are hot. And a company called Exiger seemingly came out of nowhere to capitalize on this. Lately, Exiger has been in the news. In December of 2023 it was reported that $1.2 There is a typical process flow for this solution.

Supply Chain Software 230

Supply Chain Software Supply Chain Manufacturing Procurement Predictive Analytics Software 230

DELMIA Quintiq

AUGUST 7, 2023

How DELMIA helps Industrial Equipment companies turn trends into opportunities With DELMIA’s integrated solution, industrial equipment manufacturers can bridge this gap by mitigating disruptions that hinder shopfloor and operational efficiency and drive seamless workflows, leveraging what we call ‘material synchronization.’ In this sector.

Material Savings 156

Material Savings Agile and Lean Supply Chain Manufacturing Procurement Inventory Reduction 156

Unleashed

MAY 17, 2021

For manufacturers, wholesalers and distributors alike, a Bill of Materials is something absolutely necessary. In this comprehensive guide, we’ll explain what bills of materials are, why they’re important, and: What goes into a BoM. Benefits of a bill of material. What are bills of materials?

Material Savings 81

Material Savings Manufacturing Procurement Inventory Management Software Procurement Solutions 81

DELMIA Quintiq

SEPTEMBER 14, 2023

This seamless workflow, known as ‘material synchronization,’ enables companies to optimize inbound and outbound material flows. Closely aligning manufacturing operations with warehouse processes facilitates the coordination of production orders and the manufacturing bill of materials (MBOM) with inventory management.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

Supply Chain Shaman

FEBRUARY 26, 2024

The company aligns channel requirements with available donors and successfully drives bi-directional orchestration programs to manage the reverse bill of materials (red cells and plasma) and demand-shaping campaigns to drive the right donors to the blood drives based on inventory levels. I love the questions when I present. The reason?

Modeling 206

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 206

StockTrim

JULY 26, 2023

Understanding the Bill of Materials: The Bill of Materials (BoM) is an integral component of inventory planning and management in the manufacturing, wholesale, ecommerce, and retail sectors.

Manufacturing 40

Manufacturing Retail Inventory 40

Enterra Insights

JANUARY 9, 2024

Manufacturers also became accustomed to an abundant supply of raw materials, leading to low prices and downward spiral in investments. EY analysts Matthew Burton and Joost Vreeswijk insist the world has changed so dramatically that resetting to old ways of doing things would be both impractical and illogical.[1]

Supply Chain Design Software 130

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software 130

Unleashed

DECEMBER 15, 2019

Any business looking to seamlessly carry their manufactured products through from concept to customer is going to need an effective and accurate manufacturing Bill of Materials. For this reason, it is absolutely vital that business owners appreciate and understand exactly what a Bill of Materials is and how it functions.

Manufacturing Procurement 89

Manufacturing Procurement Manufacturing Procurement Solutions Purchasing Skills 89

Supply Chain Brain

FEBRUARY 4, 2024

As software bills of materials analysis yields business-relevant risk information, customers will use it to make more informed decisions about what to buy and how to price risk transfers.

Supply Chain Software 64

Supply Chain Software Software Quality Supply Chain 64

StockTrim

APRIL 18, 2020

Manufacturers can now drill down to see complete visibility of an item’s bill of materials.

Manufacturing 122

Manufacturing 122

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. The direct goods spend is mainly for the Bill of Material products and services that a company sells to its customers.

Optimal Sourcing 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

StockTrim

JULY 26, 2023

Bill of Materials (BOM) isn't just a list of parts used to manufacture a product. In today's digitized world, BOM signifies an essential tool for organizations to manage their production more efficiently.

Innovation 40

Innovation Tools Manufacturing Retail 40

ToolsGroup

MARCH 7, 2023

Probabilistic Bill of Materials delivers more comprehensive inventory planning for raw materials, assemblies, subassemblies, parts, and components, while allowing for flexible planning based on the probability of a component being used. Version 8.60 Version 8.60 We call this dynamic planning.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

Arena Solutions

MARCH 19, 2024

Today’s A&D products are more sophisticated than ever, incorporating intricate electronics, materials, and digitized systems. Parts and materials are sourced from a vast and highly interconnected global supply chain network. Any deficiencies in the supply chain could compromise the quality of the final product.

Aerospace 92

Aerospace Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 92

Supply Chain Movement

SEPTEMBER 29, 2023

These efforts have already led to the use of more sustainable materials and packaging and a 13% reduction in emissions. Limestone is an essential raw material to improve the quality of certain products. After all, everyone in the world is ultimately footing this bill together.

Cost Reduction Strategies 146

Cost Reduction Strategies Material Savings Manufacturing Procurement Sustainability 146

ToolsGroup

MARCH 24, 2021

All manufacturing echelons–raw materials suppliers, factories, distribution centers, and wholesalers–need to ensure that the right stock is in the right place at the right time to truly serve the end customer. The subway system is the lifeblood of New York City, pre-COVID carrying an average of 5.5 This is no easy task.

Modeling 270

Modeling Optimization Software Inventory Reduction Network Optimization 270

Dragon Innovation

DECEMBER 21, 2018

Today I’m going to talk about Bills of Material(s), more commonly known as BOMs. This blog post may be a little less exciting than the last two ; but it’s essential!

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TradeGecko

NOVEMBER 8, 2018

As we touched upon in the last article of our product manufacturing series , creating a Bill of Materials (BOM) is a critical step in the manufacturing process.

Manufacturing 111

Manufacturing How To Packaging Inventory Management 111

Kinaxis

MARCH 28, 2019

To illustrate, this blog will look at bills of material (BOM) and a manufacturing environment, though the same principle applies in scenarios where items are consumed from your supply chain inventories by different customers, distribution centers or even the BOMs that reside outside the four walls of your supply chain operations at customer sites.

Supply Chain Planning Software 203

Supply Chain Planning Software Supply Chain Planning Supply Chain Scenario Planning 203

EMERGE App

MARCH 3, 2019

A bill of materials is critical for brick-and-mortar manufacturers. Until, somehow, the manufacturing process can be distilled or commoditized into a web-enabled platform, we still need a bill of materials to break down the final product into individual parts for costing, forecasting, and inventory management purposes.

Manufacturing Procurement 75

Manufacturing Procurement Material Savings Manufacturing Purchasing Skills 75

Logistics Viewpoints

AUGUST 15, 2022

Indirect materials are not seen as being significant to supply chain management. In procurement, the problems associated with direct materials are more important, and more difficult, than the complications that surround indirect materials. The vision of a truly integrated supply chain has proven difficult to realize.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

SYSPRO Smarter ERP

AUGUST 23, 2023

From inventory optimization to real-time scheduling to machine integration on the shop floor, manufacturers are seeing a measurable reduction in stock on hand, rework, and material waste. With the introduction of many of the ‘Industry 4.0’ The key areas of focus include; Investing in new automated and connected manufacturing equipment.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Planning Software Modeling Software Demand Planning Software 98

Enterra Insights

APRIL 9, 2024

The board writes, “[Countries] are discovering that no matter how hard they push on the net-zero string, costs never come down, green jobs never materialize to replace industrial employment, and the subsidy bill never declines. ”[1] However, agreement and action are two different things.

Material Savings 130

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 130

SYSPRO Smarter ERP

MAY 22, 2023

A sustainable chain involves implementing sustainable practices at each stage of the supply chain, from raw material sourcing and production to transportation, distribution, and end-of-life disposal. Product design – use of appropriate materials; design the product for extended future use. What is a sustainable supply chain?

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Sustainability 98

ToolsGroup

FEBRUARY 28, 2023

Powerful, AI-driven dynamic planning is good news for everybody – from executives to planners to consumers. At ToolsGroup, we spend a lot of time working and partnering with our customers to overcome their top supply chain challenges. Re-Forecasting Based on Pre-Orders Historical data sits at the center of all the work planners do.

Supply and Demand 156

Supply and Demand Supply Chain Planning Software Modeling Demand Planning Software 156

3rdwave

JUNE 16, 2021

In this blog, we'll discuss why the effective management of Product Master Data is not possible without the capability to accommodate detailed Bills of Material.

Data 59

Data 59

Logility

JANUARY 5, 2021

Worried about alienating customers, many brand owners took new interest in traceability to understand the environmental impact of facilities, partners, and materials used. As currently drafted, the bill will block the import of any goods into the U.S. Let’s journey back to late 2019 and early 2020. That would change.

Supply Chain Planning Software 131

Supply Chain Planning Software Industrial Industry Supply Chain Software 131

My Office Apps

NOVEMBER 2, 2023

This is where Material Requirements Planning (MRP) comes in, a vital tool that plays a fundamental role in any manufacturing process. In simpler terms, MRP is a planning method that ensures the right materials are available at the right time to meet production demands. What is MRP?

Manufacturing Procurement 79

Manufacturing Procurement Supply Chain Planning Software Forecasting Software Demand Planning Software 79

Unleashed

OCTOBER 17, 2018

A Bill of Materials (BOM) takes complicated parts and raw material information and presents it in a meaningful way for producers to review with the aim of understanding their inventory manufacturing cycle inputs and improving upon them. What manufacturer doesn’t want to maximise production efficiency? How do BOMs work?

Material Savings 61

Material Savings Inventory Management Software Inventory Management Inventory 61

Unleashed

AUGUST 5, 2021

Material Requirements Planning software can be a good solution for modern manufacturers. Material Requirements Planning is a software-based practice for manufacturers that helps them juggle the different elements of the manufacturing process in order to improve efficiency and reduce costs. Learn more: What is a Bill of Materials?

Material Savings 98

Material Savings Supply Chain Planning Software Inventory Management Software Forecasting Software 98

Arena Solutions

MARCH 24, 2023

Dylan Olson The challenges I faced were ever-growing lead times on materials. One thing we did to mitigate this was to do long lead time engineering bills of materials to release these specific materials before we had the product fully engineered. Thanks for joining us. Let’s get started. Thanks for that insight.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Modeling Software 52

Arena Solutions

MARCH 5, 2024

Diverging Data Sources A significant challenge in this collaborative effort lies in the fact that bills of materials (BOMs)—the heart of product development—often reside within product lifecycle management (PLM) systems. This intricate dance of teamwork is what often makes or breaks successful and timely product development.

Sourcing Strategies 83

Sourcing Strategies Analytics Software Analytics Supply Chain Design Software 83

Unleashed

OCTOBER 26, 2018

A Bill of Materials (BoM) is a comprehensive, hierarchical list of the quantities of components, ingredients or materials needed to make a finished product. Why do businesses need a Bill of Materials? It is the blueprint for the product and essential to all aspects of its life cycle. BoMs save both time and money.

Material Savings 65

Material Savings Inventory Reduction Inventory Manufacturing Procurement 65

ToolsGroup

NOVEMBER 23, 2021

You can also consider changes to your product portfolio to favor available supply, and to identify similar replacement materials which can be used as alternatives to your normal supply orders. The 2021 supply chain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

Logistics Viewpoints

JUNE 8, 2023

Yet many continue to use outdated technology and processes leading to increased costs, supply chain risks and poor customer delivery experiences overall, costing them market share in an online retail environment where market share is increasingly hard to come by. And what are the comparative costs of building versus buying?

Modeling Software 203

Modeling Software Optimization Software Supply Chain Network Software Logistics Network Optimization Software 203

Unleashed

OCTOBER 30, 2018

An effective Bill of Materials (BOM) can enhance businesses productivity and operations. This can include a list of raw materials, parts, components and quantities of inventory stock needed to make the product come together. Optimise Inventory Control with an Effective Bill of Materials. Understand your users.

Manufacturing Procurement 56

Manufacturing Procurement Inventory Management Software Logistics Network Optimization Software Inventory 56

ivalua

NOVEMBER 8, 2022

The bill has been praised by industry leaders, with John Neuffer, CEO of the Semiconductor Industry Association, stating that, “This underscores America’s commitment to semiconductor manufacturing and leadership. In addition, reshoring production of this crucial component to the U.S. Part A: Manufacturing in the U.S.

Manufacturing Procurement 223

Manufacturing Procurement Manufacturing South Korea Supply Chain Planning Software 223