Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Unleashed

MAY 7, 2023

With the right systems in place, manufacturing inventory management can help to reduce production and ensure all operational processes are carried out effectively and efficiently. In this guide, we cover the types of manufacturing inventory, the costs, and a few handy strategies for managing it effectively.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Material Savings Inventory 52

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover is expressed as a financial ratio.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Supply Chain Shaman

APRIL 19, 2021

The Process of Software Selection. As the director of planning, Joe is involved in a multi-year process to select a new planning solution. “We are considering the purchase of Blue Yonder, Logility, Kinaxis, o9, or OMP. The solutions are very different. Buying planning software is a lot like buying a car.

Supply Chain Planning Software 283

Supply Chain Planning Software Purchasing Training Eliminating Excel in Purchasing Demand Planning Software 283

Logistics Viewpoints

JANUARY 26, 2021

While lean manufacturing and just-in-time were game-changing concepts when they were introduced, agility and resilience must be taken to an entirely new level post pandemic. The definition of agility and resilience will continue to evolve. There are Also Commercial Reasons. The Road to Agility and Resilience.

Agile and Lean Supply Chain 268

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 268

Silvon Software

SEPTEMBER 26, 2023

While many of the KPI examples focus on performance management for manufacturing and distribution businesses, they also apply to numerous other industries with similar operational structures. For additional KPI concepts and best practices, we welcome you to download Silvon’s Definitive Guide to KPIs.

Procurement Analytics 101

Procurement Analytics Optimal Sourcing Manufacturing Procurement Inventory Reduction 101

Unleashed

AUGUST 20, 2023

If a manufacturer has to wait an extra day for raw materials to arrive, they might lose a customer. In manufacturing, for example, lead time refers to the amount of time it takes for a product to move through the entire production process , from when the initial order or request was made to the final delivery.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

EMERGE App

DECEMBER 25, 2023

It encompasses not only the implementation of software systems but also the strategic and operational decisions made by leadership to ensure the effective utilization of resources across the entire enterprise. The importance of Inventory management in business Inventory management holds immense importance in business operations.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Procurement Solutions Inventory Management 52

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. This is a fundamental principle of supply chain management, it constitutes a juggling act that is at the heart of any well-orchestrated manufacturing process.

Procurement Analytics 82

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 82

Supply Chain Shaman

APRIL 16, 2024

Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. Replatforming Current Planning Solutions. For me, the concepts of outside-in and self-service planning are intertwined. Guess what?

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 219

EMERGE App

DECEMBER 25, 2023

It encompasses not only the implementation of software systems but also the strategic and operational decisions made by leadership to ensure the effective utilization of resources across the entire enterprise. The importance of Inventory management in business Inventory management holds immense importance in business operations.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Procurement Solutions Supply Chain Design Software 52

Supply Chain Shaman

APRIL 19, 2021

The Process of Software Selection. As the director of planning, Joe is involved in a multi-year process to select a new planning solution. “We are considering the purchase of Blue Yonder, Logility, Kinaxis, o9, or OMP. The solutions are very different. Buying planning software is a lot like buying a car.

Supply Chain Planning Software 195

Supply Chain Planning Software Purchasing Training Eliminating Excel in Purchasing Demand Planning Software 195

Unleashed

NOVEMBER 10, 2021

UK electronics manufacturers have seen a sales revenue lift of 30% in 2021 vs 2020, outpacing the average performance of manufacturers of 24%, according to data from a soon-to-be released Unleashed State of Manufacturing report. The report analyses over 79,000 data points from UK manufacturers that use Unleashed software.

Manufacturing Procurement 98

Manufacturing Procurement Electronics Manufacturing Inventory Management Software 98

Supply Chain Shaman

AUGUST 24, 2020

IBM purchased Sterling Commerce. GXS purchased Inovis, OpenText purchased GXS, Descartes Systems Group purchased numerous assets to form the GLN (Global Logistics Network), and TrueCommerce purchased Datalliance. Start With Definitions. Definitions. Also, Value-Added Networks (VANS) morphed.

Supply Chain Network Software 342

Supply Chain Network Software Manufacturing Procurement Purchasing Skills Procurement Solutions 342

Supply Chain Shaman

JUNE 23, 2020

” Or, “If you need an answer, implement my solution.” Orbit Chart for Ecolab at the Intersection of Inventory Turns and Operating Margin Versus the Chemical Industry for the Period of 2010-2019. The analyst mindset is to track software evolution by taxonomy where like solutions are grouped, named and tracked.

Supply Chain Design Software 292

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 292

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. The decline in inventory turns uses cash. I pulled up my covers to go to sleep four hours later. Background.

Supply Chain Design Software 195

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

Unleashed

MARCH 26, 2023

If you’re running a product business and using Xero for your accounting, you’ll need to implement some form of inventory management. While the platform offers some inventory features of its own, many businesses will require something with greater functionality. Do you need integrated Xero inventory software?

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

Supply Chain Shaman

SEPTEMBER 22, 2021

In our research, we find that 72% of planners primarily depend on Excel and desktop analysis despite the rollout of advanced platforms for planning in 92% of manufacturers with greater than 5B$ in revenue. At the end of the presentation, I asked Allyson her perspective on open source analytics. The solution was too black box.

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

OptiProERP

SEPTEMBER 22, 2022

Saving on operational costs is one of the biggest goals for manufacturing companies. Most manufacturers look to streamline systems, reduce production costs, and increase profitability without sacrificing product quality. Most manufacturers focus on reducing costs but overlook the benefits of identifying the causes of the quality costs.

Cost Reduction Strategies 52

Cost Reduction Strategies Waste Reduction Expense Reduction Vendor Strategies 52

Supply Chain Shaman

JUNE 21, 2023

Before you react, here are some definitions. One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers. The analysis is biased toward large process-based manufacturers in the Gartner network.

Gartner 365

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 365

SCMDOJO

JUNE 21, 2023

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. Let’s delve into this emerging concept.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 90

Supply Chain Shaman

SEPTEMBER 5, 2022

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Business continuity continues to be a risk for many retailers and manufacturers. My take away?

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 239

Supply Chain Game Changer

NOVEMBER 13, 2018

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. So what exactly is the definition of “Supply Chain Management”? Source: [link] ).

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing 72

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

QAD

FEBRUARY 9, 2022

Remaining competitive is a top priority for any manufacturing operation. One such trend in the manufacturing industry is the use of lean manufacturing principles that help companies clean up inefficiencies and work smarter. Learn more about what lean manufacturing is and the five principles helping manufacturers get ahead.

Manufacturing Procurement 52

Manufacturing Procurement Agile and Lean Supply Chain Lean Manufacturing 52

Logistics Viewpoints

NOVEMBER 28, 2022

OMP provides supply chain planning (SCP) solutions. Definitions of agility, resilience, visibility, and end-to-end collaboration are all very much tied together. That variability might be in the areas of manufacturing, distribution, or transportation capacity. Mr. Delbar has a succinct way of describing difficult concepts.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 193

Supply Chain Shaman

SEPTEMBER 10, 2023

The continuation of the belief in the definition of today’s supply chain planning is a tangled web that we weave that is a bit of a mess. His position was that the research that I was writing was not being aggressive enough in the definition of global supply chain planning requirements. The year was 2004. Old habits die hard.)

Supply Chain Planning Software 256

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 256

NC State SCRC

APRIL 2, 2023

1] The definition, structure and scope of an SSC generally are formed first within the enterprise. Services that can be shared among the various business units of a company include finance, purchasing, inventory, payroll, hiring, and information technology. There is a tight scope of work and tight work rules.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

Supply Chain Game Changer

DECEMBER 9, 2020

The following Product Information Management (PIM) article was written by guest author Alex Borzo, a content contributor at Amber Engine , a software company passionate about eCommerce. The company’s fast and simple PIM software gets sellers, distributors and brands to market in weeks instead of months. Product manufacturing. ?

Inventory Management Software 98

Inventory Management Software Inventory Management Optimal Sourcing Inventory Reduction 98

Supply Chain Shaman

JANUARY 21, 2014

Slowly the words take definition in everyday speech. Companies are stuck at the intersection of inventory turns and operating margin. Many supply chain consultants will quickly rattle off case studies and proof points, but the smart supply chain leader will ground the discussion with clear definitions. Pauses are awkward.

Supply and Demand 331

Supply and Demand Modeling Demand Planning Software Forecasting 331

SCMDOJO

DECEMBER 18, 2023

In the world of manufacturing and maintenance, effective spare parts management is essential for maximizing equipment uptime and reducing costs. Ensuring Timely Repairs: Having a well-managed inventory of spare parts ensures quick and timely repairs. Yet, handling spare parts can be tricky and needs careful planning and execution.

Inventory Reduction 63

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 63

Precoro

JUNE 6, 2022

Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. In this case, the supplier receives a commission from both the customer and the manufacturer. Let's imagine a company A, that manufactures a finished product – sneakers. Blurred lines.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

Unleashed

JUNE 5, 2023

But if you’re on a tight budget, or you only deal with a handful of SKUs, the modern perpetual inventory method may be a little heavy for your basic needs. What is a periodic inventory system? A periodic inventory system is a method of accounting for inventory in which stock updates are made periodically.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Supply Chain Shaman

JULY 25, 2021

Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). of revenue on IT solutions and expensive solutions to improve performance, yet degrade balance sheet results against peer group sectors in tough markets? How could the industry spend 1.7%

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Enterra Insights

OCTOBER 21, 2021

For instance, unsold goods being sent from a retailer back to a distribution center or the manufacturer would constitute reverse logistics. Customer returns also fit this definition and make up a large percentage of reverse logistics concerns that retailers and logistics organizations handle. ”[3]. Repair processes.

Reverse Logistics 130

Reverse Logistics Cost Reduction Strategies Material Savings Manufacturing Procurement 130

Unleashed

AUGUST 6, 2023

In this competitive pricing guide Competitive pricing definition Competitive pricing is a sales and marketing strategy that involves manipulating price points in a business to match or beat the pricing of its competitors. The solution? We have outlined some of these upsides and downsides below. A “meticulous examination of all costs.”

Price Reduction 52

Price Reduction Cost Reduction Strategies Expense Reduction Inventory Reduction 52