DynaSys

JANUARY 20, 2021

Finally, be mindful of the currency expected for your receivables and payables. Regional supply chain disruptions can add another worry when payment is expected or receivables need to be covered in a foreign currency – a currency that can dramatically shift in value as the contract is being fulfilled.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Optimization 98

EMERGE App

JULY 11, 2018

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! This underscores the importance of China being the world’s manufacturing hub in the past decade, and most likely for the next few decades. Introduction. Products are the lifeline of your business.

Purchasing Skills 64

Purchasing Skills Manufacturing Procurement Negotiate Pricing Negotiating Skills 64

SCMDOJO

NOVEMBER 17, 2023

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. Professionals in this field often find themselves venturing into manufacturing, IT, technology, ERP systems, and even commercial roles. Eight core competencies stand out, encompassing crucial aspects of SCM.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 71

Kinaxis

OCTOBER 1, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. If your supplier decides that you need to pay more or global currency exchange rates drive up the cost of a component (and you have no alternatives ready to go) your margins can be significantly impacted.

Supply Chain Risk Management 255

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 255

Supply Chain Shaman

OCTOBER 8, 2019

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. Most budgets are completed in currency at a brand level. Background. Time horizon.

Supply Chain Design Software 187

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 187

EC Sourcing Group

SEPTEMBER 7, 2021

At its most basic, the following is a solid explanation of how the supply chain works: Source raw materials or goods from suppliers. Manufacture or refine these goods into basic components. It fits best under line item number one because you would be tracking your spend as you are sourcing your goods. Data aggregation.

Analysis 52

Analysis Material Savings Manufacturing Procurement Supply Chain Software 52

Unleashed

MARCH 3, 2020

One of our New Zealand metalwork manufacturers who relies on overseas suppliers for their materials has seen huge supply shortages this month. Check whether it’s possible to source these products from alternate suppliers — potentially from different countries — who are not affected by the issue.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 105

Supply Chain Matters

JANUARY 6, 2023

The value of the US Dollar consistently increasing during 2022 against other global currencies, providing added headwinds to counties and businesses globally in the form of added inflationary cost pressures. Global manufacturing activity as depicted by the J. Business Sentiment. a 30-month low. Prediction Implications.

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 98

3PL Insights

MAY 3, 2021

Data is the new business currency. Our customers identified a need for a data insight tool that shows trends in their inventory and transactions,” Evans says. Evans365 accesses and analyzes data sets from Evans’ warehouse management system and other data sources and presents findings graphically. Evans, President and CEO.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Tools Distribution 52

Enterra Insights

AUGUST 29, 2023

With economic and non-economic shocks entangled all the way down, it is little wonder that an unfamiliar term is gaining currency — the polycrisis.”[2] … Aside from changing the physical elements of ports and infrastructure to protect against impending climate change, manufacturers can shift their own strategies to adapt.

Risk Management 130

Risk Management Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 130

NC State SCRC

APRIL 3, 2019

The type of contract of interest in this report is for Development and Manufacture contracts in the Aerospace and Defense industries. The subcontract efforts feature the majority of military and part of commercial aviation, systems are outsourced by the overall airframe manufacturer, known as “primes” (Boeing, Airbus, Sikorski, etc.)

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

Supply Chain Matters

OCTOBER 5, 2022

Supply Chain Matters provides a side panel supplementary update to our prior posted blog highlighting the latest reported September and Q3 global and regional PMI indices that indicate manufacturing contraction has begun. Noted was that 90 developing countries have seen their currencies weaken against the high U.S. dollar this year.

Price Reduction 52

Price Reduction Inventory Reduction Global Forecasting 52

EMERGE App

NOVEMBER 4, 2018

This should serve as a general framework to source products from different countries according to their strengths. We’ve got a great guide on sourcing products from China , for example. By the time you source, produce and receive the goods, the trend would have passed. Manufacturers vs Trading Companies.

Purchasing Skills 49

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 49

Material Handling & Logistics

APRIL 2, 2018

Economic activity in the manufacturing sector expanded in March, and the overall economy grew for the 107th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report on Business. Fiore, Chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee: .

Manufacturing Procurement 57

Manufacturing Procurement Chemicals Currency Electronics 57

EMERGE App

NOVEMBER 4, 2018

This should serve as a general framework to source products from different countries according to their strengths. We’ve got a great guide on sourcing products from China , for example. By the time you source, produce and receive the goods, the trend would have passed. Manufacturers vs Trading Companies.

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 40

Locus

DECEMBER 7, 2021

Presently, their major focus lies on local production, warehousing and strategic sourcing. The four major supply chain risks areas are: Supply risks : These are risks associated with the sourcing of raw materials. For example: high or low product demand, excess inventory holding, product distribution.

Supply Chain Disruption 52

Supply Chain Disruption Optimal Sourcing Modeling Supply Chain Planning Software 52

Taulia

MARCH 15, 2023

Global supply chain pressures took their toll as Asian manufacturing hubs struggled to keep up with demand from other markets that had emerged from lockdowns. In September 2022, the pound fell against most major currencies. However, as we’ve mentioned, lack of inventory and supply chain issues will likely retreat as priorities.

Ukraine 52

Ukraine Material Savings Germany Price Reduction 52

EMERGE App

DECEMBER 18, 2018

They range from small-batch soap manufacturing to the distribution of sports car parts. It firmly cemented China as the world’s manufacturing hub. The voracious appetite of US consumers for goods — from Apple products to Xmas trees — saw China become the de facto manufacturer of consumer goods.

Distribution 74

Distribution Trends Manufacturing Procurement Vietnam 74

BlueYonder

DECEMBER 1, 2017

While this conference was not focused on supply chain, hearing the impact of digital on human learning, health technologies, smart cities, manufacturing, cybersecurity, video capture and more reinforced the importance of JDA’s work on our Digital Edge innovations. Industry 4.0, Industry 4.0,

Prescriptive Analytics Software 50

Prescriptive Analytics Software Analytics Software Logistics Network Optimization Software Manufacturing Procurement 50

BlueYonder

MAY 16, 2018

During the conference, 90 executives from the manufacturing, retail and logistics industries attended the Executive Exchange, sponsored by KPMG LLP (KPMG). The survey found that trying to keep up with customer expectations is driving retailer investment in the supply chain, while agility and innovation is driving manufacturer investment.

Supply Chain Planning Software 40

Supply Chain Planning Software Survey Supply Chain Software Agile and Lean Supply Chain 40

BlueYonder

MAY 16, 2018

During the conference, 90 executives from the manufacturing, retail and logistics industries attended the Executive Exchange, sponsored by KPMG LLP (KPMG). The survey found that trying to keep up with customer expectations is driving retailer investment in the supply chain, while agility and innovation is driving manufacturer investment.

Supply Chain Planning Software 40

Supply Chain Planning Software Survey Supply Chain Software Agile and Lean Supply Chain 40

Intelligent Audit

NOVEMBER 22, 2022

Recent inventory corrections have caused carrier volumes to stagnate, frustrating carriers and highlighting hopes for volume normaliza t ion in 2023. Prices are adjusted on an annual basis by DHL Express, taking into consideration inflation and currency dynamics as well as administrative costs related to regulatory and security measures.

Turkey 52

Turkey Supply Chain Design Software Optimal Sourcing Price Reduction 52

Elementum

JULY 10, 2015

source: It Makes Sense Blog. Greek banks can no longer distribute money or credit to businesses who need it, and many small companies do not have the cash to continue manufacturing products. Goods like olive oil and Greek wine are being held up by suppliers, who would rather keep their inventory and wait until they can be paid in cash.

Pharmaceutical 60

Pharmaceutical Greece Supply Chain Planning Manufacturing Procurement 60

Unleashed

MAY 3, 2021

When Julie Hirsch and Nicole Lamond started tea company Eloments , they didn’t just want to make it different in terms of what it delivered in taste and health benefits; they also wanted to make sure that the ingredients for its range of patented vitamin- and mineral-infused teas were sourced ethically and via fair trade agreements.

Inventory Management Software 98

Inventory Management Software Sri Lanka Demand Planning Software Procurement Solutions 98

BlueYonder

DECEMBER 1, 2017

While this conference was not focused on supply chain, hearing the impact of digital on human learning, health technologies, smart cities, manufacturing, cybersecurity, video capture and more reinforced the importance of JDA’s work on our Digital Edge innovations. Industry 4.0, Industry 4.0,

Prescriptive Analytics Software 40

Prescriptive Analytics Software Analytics Software Logistics Network Optimization Software Manufacturing Procurement 40

The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

Major businesses have had to completely re-consider previous supply chain strategies that were largely centred around lean manufacturing, just-in-time delivery and reducing operating costs. Inventory and Capacity Buffers. Whether in the form of underutilised production facilities or inventory in excess of safety stock requirements.

Agile and Lean Supply Chain 246

Agile and Lean Supply Chain Supply Chain Planning Software Sourcing Strategies Supply Chain Software 246

EMERGE App

APRIL 2, 2019

Then we’ll examine why you need a robust inventory management system behind WooCommerce. We’ll move on to present EMERGE App as an inventory management solution and the benefits of them working together. WooCommerce is an open-source e-commerce plugin for WordPress. What is WooCommerce? Why Use WooCommerce?

Inventory Management Software 75

Inventory Management Software Inventory Management Procurement Solutions Inventory 75

Supply Chain View from the Field

FEBRUARY 25, 2015

Today, Ganguly, vice president of manufacturing and general manager of the company’s Research Triangle Park operations, says the Jenkins MBA program prepared him for the challenges he faces from day to day. Supply chain has a big focus on the currency of today’s theories being implemented here. There were four options: 1.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Design Negotiating Skills Price Reduction 60

ToolsGroup

JANUARY 6, 2022

Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. These businesses often collect tires of high quality as spare inventory and do not have the infrastructure in place to sell them. It’s time to re-think how our products are manufactured and distributed.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

OptiProERP

NOVEMBER 3, 2022

Manufacturers often need functionality specific to their industry. Manufacturing ERP provides more value as it has business and manufacturing operations modules. The eight use cases below show how these unique companies benefit from the implementation of manufacturing ERP. It will more than double its staff.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Manufacturing 52

Silvon Software

APRIL 29, 2022

Inventory can be a manufacturer’s most important asset. But a large inventory has its own liabilities such as cost to store and insure it, along with the risk of spoilage, theft and damage. The Basics of Inventory Management KPIs. Every inventory KPI needs a clearly defined goal.

Optimal Sourcing 114

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 114

ThroughPut

JANUARY 23, 2020

2) Inventory and Demand Management. Bringing in the perfect balance here, is mastering the art of inventory management. A study by Panorama Consulting determined that “63% of manufacturing companies exceed their ERP budgets with average implementation costs overrun rising to $3 million.” Evangelist.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimal Sourcing 52

ThroughPut

JANUARY 23, 2020

2) Inventory and Demand Management. Bringing in the perfect balance here, is mastering the art of inventory management. A study by Panorama Consulting determined that “63% of manufacturing companies exceed their ERP budgets with average implementation costs overrun rising to $3 million.”

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Predictive Analytics Software 52

Supply Chain View from the Field

DECEMBER 16, 2013

Major growth strategies are driven by economic realities, currency movements, government regulations, or access to existing logistics networks. Another major source of risk is the unreliability of global logistics channels, especially the challenges associated with ocean freight lines, which are becoming increasing unreliable.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Elementum

AUGUST 2, 2022

The direct impact of this phenomenon is weakened purchasing power of other currencies relative to the Dollar. Selling products in US markets for USD, and then converting back to local currencies, will be a win- win proposition for those who can do it. For one salient example, at the beginning of 2022, the Euro was worth $1.13.

Sri Lanka 78

Sri Lanka Supply Chain Planning Software Supply Chain Software Procurement Analytics 78

Supply Chain Matters

MARCH 5, 2024

Slight Rise in Global Wide Production Activity Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® was headlined with back-to-back expansion levels in February. The HSBC India Manufacturing PMI® rose from 56.5 Manufacturing Among the two reported PMI reports relative to U.S.

Manufacturing Procurement 59

Manufacturing Procurement Global United Kingdom Purchasing Skills 59

Talking Logistics

DECEMBER 16, 2015

How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory. Will interest rates continue to climb in 2016, and if so, what impact will it have on inventory levels?

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120