Arena Solutions

APRIL 9, 2024

In complex, discrete manufacturing, especially where traceability and compliance are critical, part serialization, loT-tracking, supplier quality, and other functions require sophisticated systems to manage and track products as they come in the front door, go through multiple value-add processes, and get delivered to the customer.

Manufacturing Procurement 74

Manufacturing Procurement Supply Chain Design Software Manufacturing Analytics Software 74

QAD

JUNE 20, 2023

Operations and manufacturing managers always look at metrics on productivity, schedule adherence, downtime and other critical production data. They can collect data on production processes, inventory levels, machine performance and other relevant metrics. It also enables better demand forecasting and planning.

Optimal Sourcing 88

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 88

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Elementum

FEBRUARY 7, 2024

Measuring Automation Success Evaluating the effectiveness of business process automation through AI requires a focus on specific metrics and their influence on organizational goals. These evaluations should guide towards continuous improvement.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

OptiProERP

FEBRUARY 8, 2024

Wire Arc Additive Manufacturing (Now DED-arc): Wire Arc Additive Manufacturing utilizes arc welding power sources and manipulators to construct 3D shapes through arc deposition. It typically employs wire as a material source, following a predetermined path to shape the desired form, often utilizing robotic welding equipment.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Design Software 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

This proactive approach not only streamlines the sourcing process but also increases the likelihood of finding the right transportation service providers who can meet specific needs and expectations. Freight Procurement The actual Freight Procurement Stage is the heart of the transportation service sourcing process for shippers.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

EC Sourcing Group

MARCH 12, 2023

A supplier scorecard is the result of supplier analysis based on a set of key performance indicators and metrics. Steps for building a supplier scorecard: Focus on the purpose of the scorecard by recognizing and determining the right measures and metrics, or, your KPI’s.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Silvon Software

APRIL 18, 2023

While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? Each requires its own portfolio of metrics. How do we get buy-in around the organization?

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 64

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. I use a method I call managing for daily improvement or MDI. How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Why are we doing this?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Unleashed

AUGUST 20, 2023

Lead time includes both the time it takes to complete the standard process tasks and any delays that might occur due to various factors, such as supply chain disruptions, machine downtime, or unexpected quality issues. It’s a valuable metric for identifying bottlenecks, improving efficiency, and optimising specific operational steps.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Unleashed

MAY 7, 2024

It’s a blend of innovative technologies and eco-friendly practices that companies might implement, including the use of renewable energy sources, recycled materials, and more durable product designs which are easier to repair. Sustainable manufacturing is about product creation that doesn’t deplete natural resources or harm the environment.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

QAD

JUNE 9, 2022

In the first part of this three-part series, I discuss quality management tools for identifying a problem, the root cause and its impact. Next I’ll dive into the quality management tool selection process. Data Analytics is the Key to Effective Quality Efforts. Choose, then forget about the others. How an EQMS Can Help.

Analytics Software 88

Analytics Software Demand Planning Software Quality Tools 88

Unleashed

APRIL 10, 2023

In manufacturing, process improvement refers to the optimisation of various workplace tasks with the aim to increase efficiency and productivity while reducing costs and waste. Process improvement comes down to defining and adjusting the way your business does things, to achieve better outcomes. Mura (unevenness).

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste Reduction 52

TrackVia

MARCH 25, 2024

Mobile workflows ensure that data is captured accurately at the source and automatically synced across all relevant systems, providing everyone with access to the most up-to-date information. This not only saves time and reduces the need for manual data reconciliation but also improves the overall quality and reliability of business data.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Design Software Cost Reduction Strategies Waste Reduction 105

Unleashed

APRIL 21, 2024

How the order processing process works The order processing process begins when a customer order is placed and verified – in person, via email or telephone, or online – followed by inventory sourcing, then picking and packing, before the order is shipped. Order tracking and updates are provided to the customer.

Inventory Management Software 52

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

GlobalTranz

JUNE 8, 2017

Managers can control the operation efficiently as the relevant information comes from different sources, timely and all the members have access to its current updates. A Better Quality Evaluation. The quality breaches can be found within short. Continuous Improvement. A Better Communication Model.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Resource Reduction Cost Reduction Strategies Modeling Software 200

Supply Chain Shaman

JANUARY 28, 2015

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). Based on the analysis of supply chain improvement (as measured by the Supply Chain Index ) and supply chain performance, we ranked the supply chain leaders by industry.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Trend

DECEMBER 22, 2023

Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. We will decide and response faster in our supply chain and make higher quality operational and strategic decisions.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

Procurement Academy

OCTOBER 19, 2023

Starbucks’ commitment to fair trade negotiations resulted in three worthwhile endeavors: sustainable and ethical sourcing practices, improved living conditions for coffee farmers, and a unique selling point that attracted socially conscious consumers.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Talking Logistics

MARCH 29, 2016

Source: PINC Solutions. Unfortunately, most organizations place too much emphasis on data that is sourced from human input, which is prone to error, so degrading the quality and potential insight the data could provide. This provides the basis for managing and refining processes. Sensors collect information.

Supply Chain Software 100

Supply Chain Software Optimization Software Optimal Sourcing Demand Planning Software 100

Supply Chain Shaman

APRIL 16, 2014

I have taken myself off the road to write the book Metrics That Matter. They have a goal to be agile and aligned; however, their continuous improvement processes are making steady improvement on an efficient supply chain model that is anything but agile or aligned. Product quality issues. It is a slow week.

Supply Chain Design Software 280

Supply Chain Design Software Agile and Lean Supply Chain Modeling Supply Chain Planning Software 280

Unleashed

JANUARY 14, 2024

Raw materials Raw materials inventory is the basic inputs used to produce finished goods and one of the biggest sources of inventory waste in manufacturing. Effectively managing work-in-progress inventory helps reduce waste, optimise production, and improve cash flow. Implement quality control measures to prevent defects or rework.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Talking Logistics

MARCH 28, 2017

Unfortunately, most organizations place too much emphasis on data that is sourced from human input, which is not only expensive on the labor side, but it also introduces error into the picture. This, in turn, degrades the quality and potential insight that the data will be able to provide. in the case of fresh produce).

Supply Chain Software 0

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

Unleashed

AUGUST 16, 2023

In other instances, backorders could take longer if there are delays in production, sourcing materials, or unforeseen logistical challenges. Restocking and production: The company works on restocking the product through manufacturing, sourcing, or acquiring the necessary inventory. This helps avoid returns or dissatisfaction.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

ThroughPut

DECEMBER 6, 2023

When companies leverage data from various sources such as sales history, market trends, and external factors, predictive analytics paired with supply chain intelligence provide valuable insights that enable better decision-making and proactive planning – like never before. And what does that mean? We’ll tell you in this chapter.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Enterra Insights

JUNE 21, 2021

In a fair and balanced value exchange, organizations check their power at the door and instead focus on getting to a fair price versus value tradeoff (such as quality/service). However, it is important to propagate these metrics vertically.” ”[1] They add, “End-to-end optimization is not easy.

Modeling 130

Modeling Scenario Planning Optimal Sourcing Modeling Software 130

Logility

MARCH 31, 2022

There are obvious risks involved in sourcing goods from other countries. Many businesse s today source goods or services from a third party overseas , and there is obvious risk involved. Likewise, throughout your relationship, report cards should be kept to calculate a score card index based on established performance metrics.

Vendor Strategies 26

Vendor Strategies Global Supply Chain Design Software Supply Chain Planning Software 26

Arkieva

JANUARY 20, 2017

Right Source. Right Quality. Using Metrics/Key Performance indicators that measure how well the shippers and transportation providers do promotes daily continuous improvement. Create daily route designs, complete real-time track, and trace, generate real-time metrics, and complete daily problem-solving.

Optimal Sourcing 60

Optimal Sourcing Waste Reduction Agile and Lean Supply Chain Inventory Reduction 60

Kinaxis

SEPTEMBER 6, 2016

According to sources, Stevedores are demanding advance payment in cash. How long will you be able to recover your supply through alternate sources or from the impacted supplier? Monitoring such metrics is important and a supply chain control tower can be a key component of that strategy.

Supply Chain Planning Software 100

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Shipping 100

Arena Solutions

OCTOBER 5, 2023

Audit results provide management with the information necessary to better attain operational efficiency by identifying quality problems and correcting issues before they are discovered in an external audit. A key first step in determining the audit is—who is going to conduct it—your Regulatory or Quality teams or a hybrid?

Quality 52

Quality Optimal Sourcing Supply Chain Planning Software Sourcing Strategies 52

Supply Chain Game Changer

MAY 12, 2021

A “100-page-plus document was filled with “supplier shall” statements that detailed FedEx’s obligations and outlined dozens of metrics for how Dell would measure success. Language like ‘supplier shall’ and pre-defined performance/penalty metrics are classic terms within buyer-supplier agreements. A buyer and a seller.

Negotiating Skills 69

Negotiating Skills Negotiate Pricing Buyer Training Expense Reduction 69

Intelligent Audit

OCTOBER 27, 2022

According to analysts at McKinsey , “Most of the data generated in a supply chain falls outside the scope of just one enterprise or entity,” a dynamic that makes it hard to know if you’re dealing with good or bad data or even the original source. Does the data come from a variety of different sources? Gain Clarity into Shipping Data.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Talking Logistics

APRIL 27, 2016

As digitization continues to modify the global supply chain landscape, its unprecedented data sources and solutions will lead to not only the demise of disparate information systems, but to the rise of true, end-to-end, supply chain visibility. Improve lead times and performance. Augment and Set Visibility Tools In Place.

Optimal Sourcing 100

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

RFgen

FEBRUARY 15, 2023

Its execution directly impacts cost, quality, and the delivery of goods and services. 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. Use metrics to measure performance and track progress over time.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Unleashed

MARCH 9, 2021

In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Undamaged shipment rate. On-time delivery: all suppliers.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Talking Logistics

JULY 11, 2018

This strategic planning process provides clear goals and identifies the strategic choices to achieve them – a model for delivering alignment, transparency, and metrics that truly define success. OGSM has four components: Source: Transplace. One effective way to do this is through a process called Managing for Daily Improvement (MDI).

Optimal Sourcing 101

Optimal Sourcing Transportation Cost Reduction Strategies Sourcing Strategies 101

GlobalTranz

NOVEMBER 19, 2015

6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. In this post we will talk about how you can improve your transportation management program by focusing on using data, extracted from the use of technology, such as a transportation management system, that then people can use to continuously improve.

Transportation Management 120

Transportation Management Transportation Sourcing Strategies Data 120