ToolsGroup

DECEMBER 11, 2023

By learning about the psychology of pricing, you can leverage this to your advantage, whether on the customer or the supplier side. How can you address the key pricing-related questions effectively? Question 1: is it possible to manufacture prices & discounts? Look twice.

Purchasing Skills 156

Purchasing Skills Price Reduction Manufacturing Procurement Handbook 156

Resilinc

JANUARY 31, 2024

Are those strategies costing your company money, time, and even market share? In this blog, our supply chain experts share their list of ins and outs for supply chain risk management in 2024, from diversifying your supplier base to mapping your supply chain down multiple tiers. It’s fast, cost-effective, and easy to use.

Supply Chain Risk Management 111

Supply Chain Risk Management Supply Chain Planning Software Risk Management Material Savings 111

QAD

SEPTEMBER 26, 2023

According to a recent IndustryWeek article, middle-market manufacturing companies face many of the same issues their larger peers do, such as growing inflation, supply chain issues, talent attraction and retention, high asset replacement costs, and difficulty hiring and retaining top talent. In the U.S., million in new sales.

Supply Chain Design Software 94

Supply Chain Design Software Manufacturing Buyer Training Demand Planning Software 94

Freight Plus

MAY 25, 2023

Whether you work in manufacturing, distribution, or retail, understanding dwell time is crucial for optimizing your supply chain efficiency and reducing costs. In today’s blog post, we will delve into the concept of dwell time and its significance in logistics operations.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Mitigation Strategies Supply Chain Strategy Strategy 52

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. But manufacturers are unique. What is Manufacturing Inventory Control? What is Manufacturing Inventory Control? 4 Common Inventory Pitfalls Manufacturers Must Avoid.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

Enterra Insights

DECEMBER 15, 2022

Last year technology journalist Gordon Feller wrote, “The Internet of Things (IoT) is poised to disrupt and transform manufacturing and a number of other industries.”[1] These can also include industrial tools.”[3]. These ‘things’s’ internet-enabled sensors provide a rich set of data that businesses can use worldwide.

Internet of things 130

Internet of things Supply Chain Network Software Analytics Software Predictive Analytics Software 130

DELMIA Quintiq

MAY 26, 2021

With less than 10 years left to the 2030 deadline of the United Nations Sustainable Development Goals (SDGs), it is clear that we are all not yet doing enough to achieve global sustainability targets. The current rate of production and consumption worldwide continues to deplete resources and damage our planet faster than it can recover.

Sustainability 296

Sustainability Resource Reduction Waste Reduction Sourcing Strategies 296

QAD

JANUARY 26, 2023

Every manufacturer is familiar with quality issues but very few realize the true cost of quality (COQ), much less how to reduce the pressure it places on margins. There’s a better way, and that’s prevention. Those figures are shocking and worth looking into from a manufacturing perspective, asserts Brian.

Quality 94

Quality Cost Reduction Strategies Waste Reduction How To 94

Supply Chain Shaman

DECEMBER 30, 2021

Let me start this blog by asking, “Shouldn’t you be worried too?” So, I write this blog with this bias. Not only did the cost increase, but variability tripled. The dramatic increase in cost is a major factor in inflation: driving the 11.5% jump in apparel costs and 5.5% I expect disruption.

Supply Chain Design Software 424

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 424

Logility

JULY 8, 2022

Lack of effective supply chain planning in food & beverage can have life-or-death implications. This blog explores the problem as well as some helpful supply chain planning technology from Abbott’s perspective. Abbott announces a voluntary recall of several powdered formulas manufactured at the Sturgis facility. production.

Modeling 173

Modeling Supply Chain Planning Software Inventory Reduction Supply Chain Design Software 173

ToolsGroup

MARCH 7, 2023

This is just the latest of the company’s significant strides towards making supply chains a force for good by helping organizations guarantee service, reduce excess stock, and increase profits. Business leaders today are looking for new ways to improve the resilience and agility of their supply chains. Version 8.60 release HERE.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

Resilinc

MARCH 30, 2021

This is Part 2 of our four-part blog series based on Resilinc’s Ultimate Guide to Supply Chain Resiliency. If your company has a mature and well-function SCRM program, then these blogs can help you validate what you’re already doing and provide ideas for fine-tuning your program. Reduced inventory levels. Event Related.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Supply Chain Planning Material Savings 62

Enterra Insights

JUNE 22, 2022

There are a number of things that can cause an inflationary economy. It is typically a general measure referring to the overall increase in prices or cost of living in a country.” One way of describing inflation is having too many dollars pursuing too few products. The irony of excess inventory.

Inventory Reduction 130

Inventory Reduction Inventory Prescriptive Analytics Software Inventory Management Software 130

ToolsGroup

JUNE 27, 2022

Some people can really pull them off. In the middle, you’ve got your manufacturers that take those raw materials and turn them into finished goods. Scoops is a manufacturer that makes batch ice cream and pre-packaged ice cream bars and pints. So Scoops acquires its supplier or its retailer but not another manufacturer.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

IQMS

JANUARY 21, 2021

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. of all North American manufacturers have a sustainability policy in place, and 8.3%

Manufacturing Procurement 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

GlobalTranz

JULY 8, 2016

Today, we wrap up our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Our last post covered the Top 5 Supply Chain blogs of 2016. Today's post will cover the top 5 Transportation Management blogs from 2016 so far. Get The Full List Here.

Transportation Management 125

Transportation Management Transportation Resource Reduction Cost Reduction Strategies 125

ToolsGroup

JANUARY 13, 2021

We’ve found our customers are urgently seeking ways to better plan around supply chain demand volatility and improve how they source materials and products from suppliers. We hope you enjoy the blog, which represents predictions and observations from across our global ToolsGroup community. Read our blog on open supply chain platforms.

Supply Chain Planning Software 272

Supply Chain Planning Software Predictive Analytics Software Supply Chain Planning Scenario Planning 272

BlueYonder

FEBRUARY 23, 2023

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. This Part 2 blog post will explore the innovative solutions and initiatives that will ensure success for the digital journey. Second is cost to serve.

Manufacturing Procurement 76

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 76

ToolsGroup

DECEMBER 16, 2021

Whereas retailers once purchased merchandise largely based on the gut instinct of trend-savvy buyers and the push of whatever manufacturers tried to sell them, nowadays, they need to take a much more customer-focused and data-centered approach. The impact of lean retail practices can be felt throughout the supply chain.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

ThroughPut

DECEMBER 22, 2023

If so, you can’t overlook the critical question of how to eliminate bottlenecks in manufacturing. In the world of manufacturing, bottlenecks are like those sneaky expenses that quietly chip away at your profits. Inside your company, bottlenecks can create a sort of tension.

Resource Reduction 52

Resource Reduction Expense Reduction Cost Reduction Strategies Inventory Reduction 52

Logility

APRIL 29, 2022

It’s far from an uncommon situation, but the pandemic served as a wake-up call as manufacturers realized they didn’t have the visibility into their supply chain to identify risks and get the commodity intelligence they needed. You need to know what’s actually happening throughout them so you can leap into action when necessary.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Visibility Real-time Visibility Supply Chain Software 195

SYSPRO Smarter ERP

JUNE 6, 2022

Disruptions that have occurred during the pandemic have shown how many manufacturers have not managed their supply chains appropriately and have reaped the consequences in terms of insufficient inventory. There are ways to manage a supply chain amid disruptions but they require changes in the way the business works.

Inventory Reduction 119

Inventory Reduction Optimal Sourcing Inventory Modeling 119

QAD

MARCH 26, 2020

One October, when I was about 10 years old, my family and I traveled from the east coast of the United States to Michigan for a relative’s wedding. How Do Beet Sugar Shortages Affect Food and Beverage Manufacturers? The beet sugar can be purchased by consumers for home use such as baking, sweetened beverages and other purposes.

Manufacturing Procurement 145

Manufacturing Procurement Beverage Food Supply Chain Planning Software 145

Supply Chain Game Changer

AUGUST 18, 2021

10 Signs You Should Reboot Your Lean Program! Industrial efficiency is defined as a manufacturer’s ability to produce a product at the lowest possible cost that will allow them to make a profit. Ideally, industrial processes should have a lower cost per unit of output to be deemed efficient in any manufacturing plant.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Industrial Industry 105

SCMDOJO

NOVEMBER 29, 2023

In today’s fast-paced business world, excess inventory can be a major hindrance to growth and profitability. Whether it’s unsold products taking up valuable storage space or excess & obsolete items tying up capital, having excessive inventory can lead to increased costs and decreased cash flow.

Inventory Reduction 88

Inventory Reduction Material Savings Resource Reduction Inventory Management Software 88

Arena Solutions

FEBRUARY 23, 2023

Over the last 20 years, PLM has become increasingly important to manufacturers when it comes to new product development and introduction (NPDI). PLM is also starting to play a critical role in manufacturing companies’ environmental, social, and governance (ESG) strategies. The need for sustainability In 2015, the United Nations (U.N.)

Resource Reduction 83

Resource Reduction Waste Reduction Supply Chain Design Software Cost Reduction Strategies 83

SCMDOJO

FEBRUARY 19, 2024

Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). In this blog, we’ll delve into the integrated Lean Six Sigma approach, exploring its benefits, deployment models, moreover the implications for SMEs.

Six Sigma 75

Six Sigma Optimal Sourcing Continuous Improvement Agile and Lean Supply Chain 75

Supply Chain Shaman

DECEMBER 30, 2021

Let me start this blog by asking, “Shouldn’t you be worried too?” So, I write this blog with this bias. Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free). Not only did the cost increase, but variability tripled.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

Taulia

JUNE 26, 2023

Blog Expert Advice 8 min read 26 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard The supply chain process: Step by step The supply chain process influences how effectively you manage costs, mitigate risks, and meet customer expectations.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 52

Supply Chain Shaman

APRIL 15, 2020

My last post on the Supply Chain Shaman blog was forty-five days ago. I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working. What can we learn? Today, I am reflective. Swimming Up Stream.

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

QAD

JULY 11, 2023

Over the past decade, governments and leading automakers have moved toward electric vehicles as a key green technology to reduce oil use and combat climate change. The absence of tailpipe emissions might seem like a no-brainer when considering the energy it costs to charge and produce the batteries.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Cost Reduction Strategies Resource Reduction 74

SYSPRO Smarter ERP

DECEMBER 19, 2022

More recently, artificial intelligence (AI) has been promoted as the way to address the complexities of inventory planning and forecasting. Both IO and AI can be used to plan how much inventory to hold where, and when to order it. AI in inventory management can help companies eliminate time-consuming and tedious tasks.

Forecasting 105

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 105

Enterra Insights

JULY 13, 2022

He adds, “Supply chain management is one such sector that can truly harness the blockchain technology to its fullest potential. Apart from helping to improve the transparency in supply chains, blockchain has the potential to increase a business’s profitability by reducing the associated administrative costs.”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Strategy 130

QAD

JULY 18, 2023

Change is coming whether we like it or not, and it’s usually something I welcome in manufacturing. It’s the reason our industry can transform raw materials into 30,000 different components and piece them together to make a modern vehicle. EV adoption is growing exponentially and the total cost of ownership is coming down fast.

Manufacturing Procurement 94

Manufacturing Procurement Supply Chain Planning Software Vendor Strategies Supply Chain Design Software 94

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 95

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 95

Enterra Insights

APRIL 13, 2023

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. He writes, “The inflation surge may not be completely behind us, but there’s good reason to believe that we can restore price stability without huge economic pain.

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Enterra Insights

AUGUST 23, 2021

2] In an effort to reduce waste heading to landfills, product packaging, especially the use of plastics, has become a target. Either way, once it’s tossed in the trash or recycling bin, it’s the responsibility of the municipal waste program to figure out where it goes next.”[3] million a year to get rid of Maine’s packaging.”

Packaging 130

Packaging Waste Reduction Sustainability Material Savings 130