GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. Reduce inventory with cross-docking or use Kanban pull systems. Improve processes daily.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

GlobalTranz

JANUARY 7, 2016

Question number three : Inventory on hand, both finished goods and individual parts, and Inventory Records Accuracy. The MPS is exploded and reads the BOM and Inventory on hand to create make (manufactured) and buy (purchased) components needed to fulfill the MPS. Inventory was not accurate and either were the BOMs, so GIGO.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

ThroughPut

MARCH 25, 2024

Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. This practice has evolved significantly from its historical roots, largely a game of educated guesses, to today’s data-driven approach that harnesses the power of advanced analytics.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

GlobalTranz

AUGUST 25, 2017

They go over plans and analyze how they will affect inventories and distribution systems. They are in charge of making sure that any inventory shipping in and out of the department is handled with care and delivered in a timely fashion without unforeseen budgetary expenditures. They will educate workers about safety procedures.

Material Savings 76

Material Savings Inventory Reduction Optimal Sourcing Transportation 76

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Short cycles require buffer inventories and short lead times. source Moody’s).

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Talking Logistics

NOVEMBER 3, 2014

Source: “Sustainability and Green Initiatives in Transportation & Logistics,” Jason Mathers, EDF, Ryder Innovate 2014. Part of the long-term solution is to help educate today’s youth about the logistics industry, which may inspire them to pursue a career in the field when they get older. Forecasting. Technology.

Innovation 174

Innovation Supply Chain Design Software Optimal Sourcing Logistics Network Optimization Software 174

Supply Chain Game Changer

JUNE 8, 2021

Get an education. All too often people fall into Supply Chain from other disciplines so continuous learning is great insurance for a long career. The soft skill, or Will, is the ability to build strong, trusting relationships including a willingness to continuously learn and build strong communication and interpersonal skills.

Negotiating Skills 97

Negotiating Skills Purchasing Skills Industrial Industry 97

RFgen

FEBRUARY 15, 2023

By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. Upgrades shouldn’t take place for their own sake, but to improve efficiency, transparency, decision-making, and overhead spend.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

GlobalTranz

MAY 20, 2015

New products are often introduced in the market and are a source of competitive advantage in industries such as automotive and consumer electronics. By analyzing performance indicators in a way that creates standardized metrics—average response time for corrective actions, MRB inventory levels, delivery times, customer complaints, etc.—suppliers

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Trend

OCTOBER 31, 2016

This implementation was a “white board / bootstrap” exercise; we totally designed and changed our processes to adopt much of the standard Oliver Wight methodologies and processes, which included extensive education and workshops to start, and then full implementation. Prior to this experience, I never heard of S&OP or Oliver Wight.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 60

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

Vendor Strategies 120

Vendor Strategies Cost Reduction Strategies Inventory Reduction Waste Reduction 120

Logility

OCTOBER 6, 2023

Cloud advantages include: Improved collaboration – a cloud-based supply chain platform enables better collaboration between supply chain partners, allowing for real-time communication and collaboration. In addition, they monitor the availability of data sources exposed or feed the application integration.

Supply Chain Planning Software 198

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 198

Elementum

JANUARY 16, 2024

Intelligent Document Processing: IDP solutions use a combination of AI and RPA technologies to extract, process, and analyze data from documents and other structured or unstructured sources. Retail : Automating inventory management, order processing, and customer support.

Sourcing Strategies 78

Sourcing Strategies Optimization Software Analytics Software Predictive Analytics Software 78

ToolsGroup

JULY 10, 2018

Techniques range from informal methods like educated guesses to quantitative methods that analyze historical sales data. Data sources for the forecast can include planned sales orders, customer contracts and intercompany standing orders. Like demand planning, it is usually a continuously improving process. Demand Shaping.

Supply and Demand 192

Supply and Demand Demand Planning Software Forecasting Forecasting Software 192

Supply Chain Shaman

DECEMBER 17, 2018

Nick strongly believes that it is insufficient to drive supply chain improvement through incrementalism. It is just not enough to do a software upgrade or slowly push continuous improvement projects. They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015.

Demand Planning Software 256

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 256

ToolsGroup

JULY 10, 2018

Techniques range from informal methods like educated guesses to quantitative methods that analyze historical sales data. Data sources for the forecast can include planned sales orders, customer contracts and intercompany standing orders. Like demand planning, it is usually a continuously improving process. Demand Shaping.

Supply and Demand 120

Supply and Demand Demand Planning Software Forecasting Forecasting Software 120

Logistics Bureau

OCTOBER 28, 2020

If you can focus your management team on continuous improvement in the following eight areas, your supply chain shouldn’t run into the sort of difficulties which sometimes scupper newly-established or small businesses. Confusing Strategic with Single (Sourcing). Inventory Management. Process Efficiency.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chain Software Inventory Management Software Inventory Reduction 69

GlobalTranz

OCTOBER 29, 2015

KPIs or Key Performance Indicators are a core practice of measuring the effectiveness and for continuous improvement in any business outsourcing model. KPIs for Cost Reduction and Continuous Improvement was created. The Reiterated Importance of Understanding and Managing KPIs in Business and Logistics Management.

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

Logistics Bureau

OCTOBER 28, 2020

If you can focus your management team on continuous improvement in the following eight areas, your supply chain shouldn’t run into the sort of difficulties which sometimes scupper newly-established or small businesses. Confusing Strategic with Single (Sourcing). Inventory Management. Process Efficiency.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Management Software Inventory Reduction 52

Supply Chain Shaman

SEPTEMBER 24, 2018

The source of data for this blog comes from market triangulation. The team just did not understand how to use demand planning tools and measure/drive continuous improvement. Today, innovators are testing cognitive computing, artificial intelligence, and open source technologies. Educate the Team. For example.

Supply Chain Planning Software 231

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 231

6 River Systems

DECEMBER 11, 2018

.” — William Verdini, associate professor and chairman of the Supply Chain Management Department at Arizona State University’s Carey School of Business, as quoted in The Importance of Education in Supply Chain Management , Reliable Plant; Twitter: @NoriaCorp. 9. , Supply Chain 247; Twitter: @supplychain247.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Arena Solutions

MARCH 22, 2024

Teams need convincing: They need to see evidence where paper dependency failed, and how PLM delivers real-time results, collaboration, and a single source of truth that ties everything together. Sources cited: [link] [link] 10 COMMON PLM ADOPTION MISTAKES 1.

Analytics Software 88

Analytics Software Modeling Software Sourcing Strategies Purchasing Training 88

Infosys Supply Chain Management

MARCH 6, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. During peak processing periods - like year closing activities, balance sheet preparation, inventory reconciliation etc. Sourcing,Procurement,Contract & Spend Management (38). Contact Us. Infosys Labs. Industries.

Supply Chain Planning Software 35

Supply Chain Planning Software Supply Chain Software Modeling Software Supply Chain Planning 35

6 River Systems

FEBRUARY 25, 2019

From raw materials sourcing to warehouse operations , logistics technology , order fulfillment and beyond, there are dozens of points throughout the supply chain, all of which contribute to overall supply chain efficiency. Cost of carrying inventory in business calculations should be the true cost including: Scrap costs.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

Supply Chain Shaman

AUGUST 3, 2016

Each are good at localized planning within a focused area of demand, supply, network design, transportation planning, material sourcing or finite scheduling. The greatest value happens when companies can link across source, make and deliver. This requires continue education. Process Integration Across Functions.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 150

Unleashed

FEBRUARY 3, 2022

Lean manufacturing as a philosophy has three critical components: Deliver value to the customer Eliminate waste Continuously improve company processes. We’ll talk more about some of these later, but they include process mapping, inventory management, sequencing, automation and more. How ergonomic are your individual work cells?

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Lean Inventory Management Software Waste Reduction 98

KEPLER Consulting

NOVEMBER 24, 2017

Sources: 1: Global Survey, Mc Kinsey, 2010/ 2: Supply Chain Impact Survey, Cap Gemini, 2013/ 3: Future of Supply Chain, SCM World, 2016. #2 Sources: 1: Future of Supply Chain, SCM World, 2016 /2: Global Supply Chain Survey, PwC, 2013 / 3: Supply Chain Impact Survey, Cap Gemini, 2013. #3 TRANSFORMATION AXIS. #4 OPERATIONAL. EXCELLENCE.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 40