QAD

JULY 1, 2021

Here’s a formula to calculate your total direct materials costs: Beginning Inventory + Added Purchases – Ending Inventory = Total Direct Materials Costs. Maybe you could reduce shipping costs by making more bulk purchases or buying more locally. Where can I improve processes or purchasing to wisely cut costs or time?

Manufacturing Procurement 87

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 87

Supply Chain Game Changer

OCTOBER 1, 2022

A functional digital tachograph can measure significant metrics like speed, driving time, and driver’s activity. The increasing cost of fuel, car maintenance and purchasing of vehicles can drain a company’s resources. These tools require both the vehicle unit memory and the driver cards. Final Words.

Supply Chain Software 97

Supply Chain Software Logistics Network Optimization Software Procurement Solutions Tools 97

Supply Chain Shaman

APRIL 1, 2015

I am speaking this morning at the Terra Technology conference and doing a book signing of my new book, Supply Chain Metrics That Matter. Selling licenses does not translate into implemented software. ” LLamasoft: Recycled Software Assets Offering Hope? The LogicTools product was purchased for $15 million in 2007 by ILOG.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Network Design Software Optimization Software 150

GlobalTranz

SEPTEMBER 23, 2021

The added strain on resources is on track to force high freight volumes to continue well into the next year. Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. Focusing on the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Shaman

NOVEMBER 3, 2015

As an analyst in the battered supply chain software market for a decade, it is fun to watch you grow. Clients buy your software because you make it real. For those who are new to reading the Supply Chain Shaman blog, let me begin my analysis with a disclaimer. LLamasoft Is Aggressively Aggregating Network Design Software Assets.

Supply Chain Design Software 0

Supply Chain Design Software Supply Chain Planning Software Network Design Software Supply Chain Software 0

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

QAD

JUNE 8, 2023

When QAD hosted a live webinar earlier this year to explore and analyze the challenges that have procurement leadership buzzing these days, the issue of environmental, social and governance (ESG) was a hot topic. Some want to know: Are the benefits really worth the trouble? Is the juice worth the squeeze?

Waste Reduction 85

Waste Reduction Material Savings Resource Reduction Price Reduction 85

SYSPRO Smarter ERP

AUGUST 2, 2023

Challenge One: Comply with medical safety regulations By closing the gap between ERP and the quality system, medical device manufacturers can ensure real-time monitoring of quality metrics and bridge the compliance divide. This enhanced visibility enables better resource allocation and optimization, ultimately improving production efficiency.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Logistics Viewpoints

SEPTEMBER 20, 2022

In this blog, I’ll try to shed more light on it with examples from our work with our customers. While we might go and get the best of the solutions out there to meet today’s challenges and leverage today’s technology, that’s not going to come with a lifetime guarantee that it will meet all our needs in the years ahead.

Supply Chain Planning Software 196

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 196

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Locus Robotics

JANUARY 2, 2024

There are five pivotal solutions and trends that are reshaping the logistics landscape. Data Analytics and Automation The use of artificial intelligence (AI) or machine learning within warehouses thanks to tools such as robotics could increase to optimize your supply chain and reduce operational costs.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). He observed how private corporations have the highest impact on how resources are used and decided to get an MBA in finance.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Logistics Viewpoints

DECEMBER 1, 2022

In the study we conducted in 2022 called “ Ecommerce: Is Retailer Fulfillment and Delivery Performance Keeping Up with Sales Growth? ”, convenience was cited as the number one reason consumers bought online and had their goods delivered—and it is consumers’ intention to have more ecommerce purchases delivered to the home. Let me know.

Predictive Analytics Software 201

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 201

EcoVadis

MARCH 31, 2017

Many procurement teams are finding holistic approach can provide huge advantages. Here’s an overview of the important criteria to consider when searching for a solution: What is the Industrial Breadth of the Solution? Your organization may know very little about many of these industries, especially when it comes to risk and CSR.

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

Kinaxis

MARCH 9, 2015

by John Westerveld In part one of this blog we determined that the Master Scheduler has a challenging job with Master Scheduling, but you may be thinking that ERP system you’ve spent millions on buying and implementing must make the Master Scheduler’s job so simple it’s as easy as pushing a button, right? Well… not so fast. No, really!

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Modeling Software Analytics Software 100

OptiProERP

MARCH 15, 2022

This process includes developing strategies for the allocation of machinery, human resources, and production material. It ensures raw materials, machines, and resources are available to produce finished products on time. . Look at the three ways production scheduling within ERP software helps manufacturers improve business growth: 1.

Manufacturing Procurement 78

Manufacturing Procurement Optimal Sourcing Material Savings Resource Reduction 78

DynaSys

MARCH 17, 2021

article notes that IBP is an Executive Management planning process that allocates financial resources to each operational unit of a corporation in order to support the corporation’s overall strategic direction. Organizational metrics are important. The post What IBP Does That S&OP Can’t appeared first on QAD Dynasys Blog.

S&OP 87

S&OP Supply and Demand Procurement Analytics Forecasting 87

Supply Chain Shaman

MAY 2, 2016

The technology market for new Enterprise Resource Planning (ERP) is drying up. Software maintenance costs are rising for the CIO. In parallel, the traditional software vendors are struggling with the Innovators Dilemma. Consulting and software are very different business models. Do not buy software based on partnerships.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Analytics Software Supply Chain Software 150

ThroughPut

JANUARY 2, 2023

Proactively assessing the exact impact of market fluctuations on operations and analyzing the available resource capacity. Conducting scenario planning to assess and identify resources for meeting additional sales. Overcome Operational Constraints in Real-Time with ThroughPut’s AI-powered Capacity Planning Solution.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 52

Supply Chain Shaman

OCTOBER 29, 2014

The second step is usually a large implementation of a technology project–Enterprise Resource Planning, Customer Relationship Planning or Analytics. Here are the three questions that I would like people to ask: Table 1: Comparison of Results for Best of Breed Solution Providers to ERP Expansionists in Supply Chain Planning.

Supply Chain Planning Software 326

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 326

ThroughPut

FEBRUARY 23, 2024

Traditional manual approaches and one-size-fits-all tech solutions fall short, offering scant assistance. The solution? You can conveniently work with the right suppliers by analyzing pricing, quality, and delivery times as the system helps you identify reliable suppliers, thereby, streamlining the procurement processes.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

ThroughPut

MARCH 27, 2024

While on one hand, predictive analytics analyzes historical data and market trends for accurate demand forecasting, on the other, customers are being offered personalized experiences based on their preferences, purchase history and behavior. Dynamic Pricing If you want to adjust the prices of your products dynamically, AI tools are the best.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

QAD

SEPTEMBER 22, 2021

ERP software has the ability to connect and transform every aspect of an enterprise. Today’s Software-as-a-Service model provides businesses with a level of efficiency that helps them work smarter, faster, and more cost-effectively. What is ERP Software? ERP stands for “Enterprise Resource Planning”. Consumer Products.

Case Study 52

Case Study Study Optimal Sourcing Supply Chain Planning Software 52

ThroughPut

AUGUST 18, 2023

In this blog, we’ll introduce you to the supply chain management KPIs that influence the company’s bottom line, and how you can track and measure it effectively. But what you can’t miss out are the supply chain metrics outlined on the right hand side which influence these finance metrics. Here’s how.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Software Material Savings Expense Reduction 52

ToolsGroup

SEPTEMBER 20, 2022

Using this data, advanced predictive models can estimate when failures are likely to occur and recommend appropriate timelines to perform corrective measures, allowing manufacturers to organize their production schedules based on predicted equipment availability metrics. Increase overall equipment effectiveness (OEE).

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

HICX Solutions

JANUARY 27, 2023

The most important areas of the Supplier Lifecycle Management process are focused on merging two of the key procurement cycles: Procure-to-pay Source-to-contract Those responsible for managing the organization’s Procurement can combine suppliers’ master data and procurement and sourcing cycles to deliver streamlined and enhanced workflows.

Vendor Strategies 52

Vendor Strategies Optimal Sourcing Sourcing Strategies Procurement Solutions 52

Talking Logistics

NOVEMBER 10, 2014

I also shared with them my view that companies will ultimately find opportunities for supply chain innovation at the intersection of Software, B2B Connectivity, and Social Networking — a trend best illustrated by the rise of Supply Chain Operating Networks (SCONs). How are companies using SCONs in the real world?

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 171

ToolsGroup

SEPTEMBER 22, 2020

Surveys have shown that consumers are 71% more likely to make a purchase based on social media referrals, and 47% of millennials’ purchases are influenced by social media1. Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

Supply Chain Shaman

NOVEMBER 15, 2012

I do not know him, but he reads my blog. The wonderful thing about the work I do at Supply Chain Insights is that I can now connect to people I do not know through my blog, and they are able to reach out to me directly to have a discussion. What was the best solution for his business? ” It was Steve. He was exuberant.

Supply Chain Planning Software 265

Supply Chain Planning Software Modeling Software Forecasting Software Demand Planning Software 265

synchrono

JANUARY 31, 2017

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. Mark also writes: “Metrics that have the attention of business and manufacturing leaders tend to be those that get measured and improved upon by their employee teams.”. Metrics for Action.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

ThroughPut

DECEMBER 8, 2023

These analytics techniques serve as essential tools to transform descriptive metrics into actionable insights and informed decisions. It helps optimize resource allocation, enhance operational efficiency, and maximize overall performance. ” 6 Uses Cases Of Prescriptive Analytics In Supply Chain Optimization 1.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Supply Chain Game Changer

MARCH 26, 2021

The best long-term solution is to replace it with a new one. Implement Effective Maintenance Management Software. That is what maintenance software can bring to your organization. Maintenance software can improve data collection for staff monitoring to determine their progress and time investment on tasks and servicing.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 98

Locus

OCTOBER 5, 2021

Today, businesses are at the cusp of new changes in the supply chain that includes evolving customer expectations, omnichannel purchasing, and the shipping of unpredictable volumes. This is because 3PL providers have better resources in terms of manpower, technology etc. to handle on-demand deliveries consistently.

Modeling 52

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 52

Supply Chain Game Changer

NOVEMBER 28, 2018

Blog originally published at, and permission to publish here provided by Sam Jenks at, [link]. Resources spent/gains made on the road to innovation are, therefore, sustained exclusively by the internal entity. I would like to offer four things a procurement team must know when generating collaborative innovation with suppliers.

Innovation 59

Innovation Procurement Analytics Resource Reduction Procurement Solutions 59

OptiProERP

NOVEMBER 14, 2023

Embracing manufacturing sustainability is becoming a strategic necessity, and in this blog, we’ll explore the key reasons why. Gain Additional Customers In 2024, many consumers and businesses will make purchasing decisions based on a company’s commitment to sustainability.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

ThroughPut

MAY 20, 2021

At ThroughPut , we have been working towards creating perceptive supply chain solutions that can help tide through these uncertainties with AI-driven proactive intelligence. Accurate capacity planning and utilization analysis are now undeniably the most essential tools for a transparent end-to-end supply chain.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 40