Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Procurement solutions are often updated with purchased information.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

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

Supply Chain Shaman

MAY 26, 2023

Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. Or a unified data model across source, make, and deliver for planning? Let’s start with a basic definition. I term this our data jail. Why are semantics important?

Optimal Sourcing 349

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 349

Supply Chain Shaman

SEPTEMBER 27, 2021

Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Current State of Visibility. What To Do? Your wallet has a social security or a passport number.

Supply Chain Planning Software 339

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 339

Supply Chain Shaman

FEBRUARY 26, 2024

Shown in Figure 1 is the definition of the layers of outside-in planning. For example, in manufacturing, the shift in focus is away from OEE to focus on first pass yield and schedule adherence.) They implemented a simple planning technology with an outside-in channel-centric model (Ship to model definition).

Modeling 209

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 209

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

Supply Chain Shaman

SEPTEMBER 28, 2022

Definition: “Someone’s efforts, resolve, or viability are tested; things are meaningfully challenging. In this volatile world, efficient procurement led by a CFO is not the answer. Make, source, and deliver need to be managed together based on analytics that sense and respond at the speed of business.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. Manufacturing KPIs. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

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 Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Supply Chain Shaman

FEBRUARY 16, 2024

Let’s Start With Clear Definitions My inbox is full. The market is flooded with references to AI, but few stop to give a definition. To combat the hype cycle to drive value, I think that we need to get clear on use cases and definitions. Before reading this post, consider reading my prior blog post, Don’t AI This.

Supply Chain Planning Software 391

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 391

Arena Solutions

MARCH 21, 2023

COVID-19 also highlighted the dangers of what happens when you have lean supply chains, as many brands found out fast by running out of inventory and not keeping pace with customer demand. Using renewable energy sources that can create long-term sustainable energy consumption.

Manufacturing Procurement 80

Manufacturing Procurement Waste Reduction Resource Reduction Material Savings 80

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. What is Manufacturing?

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Supply Chain Shaman

FEBRUARY 14, 2022

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) The process mistakes include: Mistake #1. Mistake #3. My challenge?

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

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

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

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

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

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

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 question is, “Why?”

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

SCMDOJO

MARCH 19, 2024

This is where the Life Cycle Inventory (LCI) comes into play. In this article, we dive deep into the world of Life Cycle Inventory, exploring its significance, methodology, and applications. What is the Life Cycle Inventory (LCI)? It includes determining the purpose of the study, the system boundaries (i.e.,

Inventory Reduction 85

Inventory Reduction Analysis Material Savings Optimal Sourcing 85

Supply Chain Shaman

MARCH 27, 2023

Definitions: Oxymoron: The combination of contradictory or incongruous words (such as cruel kindness) Juxtaposition: The act of placing words or concepts close together or side by side, for comparison or contrast. ” Today only 7% of manufacturers are innovators. What is the role of inventory? Buyer beware.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 322

Supply Chain Opz

JULY 1, 2014

What is the definition of supply chain management? Because, each professional organization has its own version of the definition. So supply chain is definitely NOT the same as value chain. Real world example is that a "new boss" ask you to cut cost by 10%, improve service level by 15%, double inventory turns and so on.

Cost Reduction Strategies 271

Cost Reduction Strategies Vendor Strategies Inventory Reduction Supply Chain Strategy 271

Supply Chain Shaman

JUNE 1, 2022

I work with a group that has a sub-team focused on cost, one on customer service, and one on inventory, but lack alignment on a standard definition of supply chain excellence. On average, industries carry 38 more days of inventory than in 2007. The problem is that most of it is the wrong inventory due to planning fallacies.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 195

USC Consulting Group

AUGUST 17, 2020

However, with manufacturers and supply chains across the world reeling with the ongoing problems the pandemic has presented, we are seeing a definite shift in the ways business is conducted. Overall, factory shutdown and manufacturing delays have shrunk foreign direct investment by 5-15% , as global trade and supply is interrupted.

Manufacturing Procurement 81

Manufacturing Procurement Demand Planning Software Supply and Demand Manufacturing 81

RFgen

SEPTEMBER 15, 2022

Digital automation remains one of the hottest topics among manufacturing executives, plant managers, industry operation professionals and finance stakeholders. Our 2022 Digital Inventory Report captured key decision makers’ mindsets, challenges, and planning initiatives as it relates to digital automation technologies.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Software Optimal Sourcing Manufacturing 52

Supply Chain Shaman

OCTOBER 19, 2022

Planning outside of lead time in the tactical horizon is essential to manage costs, defining buffers, and sourcing strategies. Definition of Time Horizons. The gaps in expectations between planning and functional organizations like manufacturing, transportation, and procurement are large and growing. The reason?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Real-time Visibility 195

Supply Chain Opz

JULY 1, 2014

What is the definition of supply chain management? Because, each professional organization has its own version of the definition. So supply chain is definitely NOT the same as value chain. Real world example is that a "new boss" ask you to cut cost by 10%, improve service level by 15%, double inventory turns and so on.

Cost Reduction Strategies 214

Cost Reduction Strategies Vendor Strategies Inventory Reduction Supply Chain Strategy 214

SCMDOJO

DECEMBER 29, 2022

It can streamline processes, reduce errors and costs, help manage inventory, and improve safety conditions for workers. Warehouse Automation Definition: Warehouse automation uses technology and automated systems to streamline inventory management, storage, and shipping. WMS is hard to implement and even harder to sustain.

Supply Chain Software 72

Supply Chain Software Warehousing Optimal Sourcing Optimization Software 72

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 312

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 312

SCMDOJO

JUNE 21, 2023

SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers.

Supply Chain Planning Software 90

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

Supply Chain Shaman

JUNE 23, 2020

I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). The term “AI” is overused.

Supply Chain Design Software 292

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

Logistics Viewpoints

NOVEMBER 28, 2022

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. But procurement says, ‘well, we’re not going to tell the supplier that because we have this volume-based discount.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 193

Supply Chain Shaman

OCTOBER 25, 2021

Container inventory is imbalanced. Manage Make, Source, and Deliver Together. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Fourteen of twenty-eight industries have rising inventories. Figure 1: Current State of a Global Manufacturer of White Goods. All are out of balance.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Supply Chain Game Changer

NOVEMBER 8, 2022

With the design of any product or service it is necessary to establish viable and reliable sources of supply. That is the job of the Procurement team. Wisely chosen these suppliers will also serve as a source of competitive information and competitive advantage. Inventory Positioning. This has an upside and a downside.

Supply Chain Design 114

Supply Chain Design Supply Chain Planning Supply Chain Strategy Manufacturing Procurement 114

Logility

JUNE 28, 2022

a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced it has signed a definitive agreement to acquire Starboard Solutions Corp., ATLANTA (June 28, 2022) – Logility, Inc., a Traverse City, Michigan based innovator of supply chain network design software.

Optimal Sourcing 252

Optimal Sourcing Network Optimization Software Logility Supply Chain Network Software 252

Supply Chain Shaman

OCTOBER 25, 2021

Container inventory is imbalanced. Manage Make, Source, and Deliver Together. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Fourteen of twenty-eight industries have rising inventories. Figure 1: Current State of a Global Manufacturer of White Goods. All are out of balance.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195