Arena Solutions

OCTOBER 5, 2023

Internal audits are vital for companies that manufacture consumer electronics, medical devices, biotechnology, and other industries that develop highly complex products. The latest analytics demonstrate that 81% of consumers say brand trust is a deciding factor when making a purchase. 1 Why do an internal audit?

Quality 52

Quality Optimal Sourcing Supply Chain Planning Software Sourcing Strategies 52

Precoro

AUGUST 31, 2023

They can offer valuable feedback on the data, as they are more familiar with the realities of purchasing habits. Such “democratization” of data allows cost analysts to gauge first-hand insights that are not always directly available to upper management. How many employees are involved in the procure-to-pay cycle?

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

QAD

AUGUST 4, 2021

While having your groceries, takeout, and new electronics delivered to your doorstep may provide an added convenience for you, what you don’t see is how that small, yet significant change, is sending a ripple of disruption in supply chains across all industries. . When was the last time you had a package or food delivered to your doorstep?

Resource Reduction 98

Resource Reduction Material Savings Sourcing Strategies Supply Chain Strategy 98

Supply Chain Shaman

MARCH 3, 2018

.” He continued, “Great mass marketing used be our differentiator, but now the barriers to entry have changed. Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. Their focus is on continuous improvement of current processes.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Increasing Equipment Uptime.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Unleashed

DECEMBER 12, 2023

It also acts as a crucial document for coordination among different teams – such as design, procurement, production, and quality control – ensuring everyone is on the same page when it comes to manufacturing. This enables better budgeting and cost control, prevents overspending on materials, and can minimise waste.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52

ThroughPut

NOVEMBER 12, 2020

However the current situation shows certain weaknesses in warehousing practices being followed: Lack of a strong technology focus for efficiency and quality improvement Absence of valid methodologies to identify the root causes of bad performance in a structured approach. Lean warehousing. Advance shipping notification. Manage critical KPIs.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

GlobalTranz

MAY 6, 2015

There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success. Fully comply with generally accepted accounting principles (GAAP), external reporting regulations, and internal reporting requirements.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

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. An effective measurement and reporting process can improve performance and provide warehouse cost savings.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

NC State SCRC

JUNE 15, 2021

Yung-Yun’s algorithm scanned tens of thousands of targeted news and company reports to develop the ratings in each category. Supply Market Intelligence Enables Improved Ability to Control Inflation. Secondary data sources are published available databases, reports, websites, and so on. Manufacturers or the U.S.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Resource Reduction 98

Supply Chain Shaman

APRIL 7, 2016

Segment customers and suppliers against the business strategy and digitize–electronic definition of the relationships and record exchange–based on the segmentation activity. Tease out the future of your supply chain by examining how the electrons and molecules are shifting. Map the data and the processes outside-in.

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Talking Logistics

MARCH 28, 2017

Using automated gate management, for instance, companies can streamline gate procedures; increase the velocity of check-in and check-out of trailers, yard trucks, shuttle trucks, tractors, and drivers; and electronically reconcile loads with purchase orders.

Supply Chain Software 0

Supply Chain Software Logistics Network Optimization Software Demand Planning Software Procurement Solutions 0

Talking Logistics

SEPTEMBER 13, 2016

To build more powerful relationships, extending across a critical mass of trading partners, companies need to utilize a robust platform like a supply chain operating network, which leads to increased visibility for continuous improvements in company performance, agility, and differentiation. Reduces DSO. Authenticated POD reduces DSO.

Real-time Visibility 100

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Inventory Reduction 100

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. More people are likely to purchase goods from an online store if they know they can easily return products that don’t suit. Having a transparent and fair returns policy is an important first step.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

NC State SCRC

DECEMBER 28, 2015

For instance, we know that e-commerce will continue to drive smaller package size, and will drive up volumes even further. (UPS These insights have produced the following predictions about what the leading companies will be pursuing in terms of competitive supply chain strategy in 2017.

Predictive Analytics Software 40

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 40

Arena Solutions

MARCH 1, 2024

If there are process issues, or opportunities, this is then fed into the quality management system to ensure a continuous improvement of your processes. And having a electronic PLM system that’s connected to your product record, and also to your QMS together in one system, was quite the advantage of those companies.

Supply Chain Design Software 52

Supply Chain Design Software Analytics Software Supply Chain Planning Software Demand Planning Software 52

Talking Logistics

APRIL 27, 2016

Consider the ways rich data collection can help shape your supply chain towards lower cost and optimal performance. The most common goals of supply chain visibility include the following, but as your company completes this exercise, be sure to include quantifiable metrics: Reduce business and supply chain risk.

Optimal Sourcing 100

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 100

RFgen

JUNE 20, 2013

Important Supply Chain Metrics. Organizations need to consider how varying tax codes will impact operations, so business decision-makers should consider utilizing supply chain management systems and monitoring numerous metrics. Consider these measurements for tracking materials to generate better supply chain analytics: Inventory.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Software Optimization Software Price Mitigation Strategies 52

RFgen

JUNE 20, 2013

Important Supply Chain Metrics. Organizations need to consider how varying tax codes will impact operations, so business decision-makers should consider utilizing supply chain management systems and monitoring numerous metrics. Consider these measurements for tracking materials to generate better supply chain analytics: Inventory.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Software Optimization Software Price Mitigation Strategies 52

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. By taking this step, Whirlpool hoped to further reduce supply chain costs. KPIs for Cost Reduction and Continuous Improvement was created.

Case Study 120

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

Arena Solutions

JUNE 5, 2023

So you can really focus on driving continuous improvement throughout your organization. We also have built-in analytics to help report out metrics to key stakeholders and Arena is really well integrated with other platforms such as CAD programs and ERP systems. Purchasing and supply chain.

Quality 52

Quality Supply Chain Design Software Supply Chain Planning Software Analytics Software 52

6 River Systems

DECEMBER 11, 2018

Make your supply chain center of excellence (CoE). “Although it is entirely possible to create a virtual center of excellence by having experts across the company collaborate electronically, they often can be more effective if they work together in the same location. This is just good customer service.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Arena Solutions

AUGUST 4, 2021

Quality management systems help drive continuous improvement and provide a systematic approach to identify quality issues, improve product performance, lower manufacturing costs, and reduce waste. ISO 9004 (Continuous improvement/guidance to achieving sustained success). Why Is QMS Important? BOM Management.

Supply Chain Design Software 58

Supply Chain Design Software Supply Chain Planning Software Modeling Software Demand Planning Software 58

synchrono

OCTOBER 18, 2016

Through the use of supplier quality certifications and blanket (long-term) purchase orders, a manufacturer can accurately and effectively calculate the optimal level of inventory needed to fulfill demand requirements through the duration of replenishment lead time. Eliminating inventory waste.

Manufacturing Procurement 40

Manufacturing Procurement Agile and Lean Supply Chain Demand Planning Software Optimization Software 40

GlobalTranz

JANUARY 5, 2016

When a business, or other organization, purchases equipment, parts, or remanufactured equipment it is an investment. Over time, this equipment improves profitability and has a positive return on investment. A Continued, Renewed (Or New) Focus on Data Analysis for Continual Improvement & Better Supply Chain Visibility.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Trends Supply Chain Optimization 120

Arena Solutions

MARCH 22, 2024

PLM, like any major purchase whether for personal or business, requires time invested. Misaligned Expectations Lack of alignment across the organization can result in ambiguous business outcomes, uncertain success metrics, fragmented project implementations, or resistance to change. 10 COMMON PLM ADOPTION MISTAKES 1.

Analytics Software 89

Analytics Software Modeling Software Sourcing Strategies Purchasing Training 89

6 River Systems

FEBRUARY 25, 2019

William Crane, Founder & CEO of IndustryStar Solutions , is an entrepreneur and experienced executive in supply chain with demonstrated results starting, launching and enhancing procurement, logistics, supplier quality and manufacturing companies globally. Sustainable Leadership Purchasing Council. Mihai Corbuleac. csITsupport.

Optimal Sourcing 55

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

Unleashed

JUNE 20, 2023

Too much inventory can be assessed by analysing: the profit margins of each product you sell the length of time it will take to shift those products the value of each unit being stored When there is a mismatch between cost and value or profit received, the result is too much inventory in storage.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Inventory 52

GlobalTranz

JUNE 21, 2018

To further complicate the process of freight scheduling, shippers must decide which LTL carrier to use, whether to purchase cargo insurance, consider the implications of shipping a package via parcel or small package considering advancing dimensional pricing models, and what exact type of full truckload would be necessary when consolidated.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Demand Planning Software Modeling Software How To 120

ivalua

SEPTEMBER 24, 2020

All too often, Invoice-to-Pay is seen as an isolated process, sitting on its own at the end of a procurement journey. The result of bringing these three steps together with data from the whole procurement journey is a seamless and almost touchless workflow that transforms accounts payable. What Are The Benefits of Invoice-to-Pay?

Optimal Sourcing 100

Optimal Sourcing Procurement Solutions Procurement Analytics Supply Chain Software 100

Talking Logistics

APRIL 10, 2019

This was not a trivial transition because the software industry, until relatively recently, was long fixated on measuring its health and success by new license revenue (sales of products) instead of customer-centric metrics, such as realization of ROI and payback objectives. Where is Descartes today? Keegan McCready, Sr.

Supply Chain Design Software 20

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software 20

Logistics Bureau

OCTOBER 31, 2017

Warehouse technology has changed data entry processes, enabling data to be entered directly into digital storage and reducing the scope for errors caused by readability problems, lost paperwork, and other issues arising from the translation of handwritten data into electronic bits and bytes. The Living, Sensing Warehouse.

Supply Chain Software 47

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Warehousing 47

ThroughPut

MAY 23, 2019

In fact, every product, good or raw material is supported by a supply chain, and in many cases, such as automotive or electronics, those end-to-end supply chains are global in nature and components, sub-systems, and systems can pass over dozens, even hundreds, of borders before a consumer purchases the final product. Ask yourself why.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Automotive 40