BlueYonder

OCTOBER 6, 2023

Short-term visibility at the Purchase Order/ASN level is insufficient. Breaking Down Barriers Between Planning, Procurement and Logistics: The existence of isolated supply chains between procurement, planning, and logistics can lead to latency, reduced responsiveness, expedited processes, excess inventory, and substantial inefficiencies.

Waste Reduction 84

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 84

NC State SCRC

NOVEMBER 29, 2023

During her 24 years at Honda of America, she helped implement many of the supply chain best practices that have now become renowned, including cost modeling, supplier development, supplier quality assurance, lean manufacturing, and many others, which evolved under the original North America leadership of Dave Nelson.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 52

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. What’s happening in the industry right now, and what can you expect next? The question is: Where to from here? billion to $64,334.41

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Supply Chain Shaman

JULY 25, 2021

I find the industry complicit. To make the point, let me share an orbit chart for four industries (reference Figure 1). While some might claim that the industry made progress, the facts show that the industry margin decreased precipitously in three of the four industries shown. 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

Unleashed

JULY 25, 2021

Let’s look at how smart food businesses can reduce their waste – and how the right food manufacturing software helps them do it. How can food and beverage manufacturers reduce their waste? The following five strategies can help food and beverage manufacturers to manage and reduce their food waste: 1.

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 75

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 75

Supply Chain Shaman

MAY 21, 2013

Here are some of the quotes from the workshop I led yesterday that helped me to better understand the industry: “A process born out of chaos is chaos. Medical Device Manufacturer. We have used Lean process systems and swim-laned ourselves to death. The focus has been on sourcing and managed costs. The problem is us.

Modeling 239

Modeling Modeling Software Pharmaceutical Procurement Analytics 239

Supply Chain Shaman

OCTOBER 29, 2020

The impact of the elongation of payables on receivables varies by industry, but on average across the industries increased eighteen days when comparing the past five years to the pre-recession years. It is worse in some industries. Days of Receivables by Industry. I shook my head in disgust at the waste in the process.

Optimal Sourcing 236

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 236

Supply Chain Game Changer

MAY 12, 2020

Hey Procurement! At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. This interview is with Danny Wang, Vice President of Sourcing and Procurement at Canada Goose. Here is our interview with a true industry leader, Danny Wang!

Canada 66

Canada Manufacturing Procurement Negotiating Skills Purchasing Skills 66

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel. Brand loyalty is no longer the driver for consumer purchasing decisions.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

SCMDOJO

APRIL 4, 2023

To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources. Purpose of SCM Analytics Supply chain analytics aims to provide insight and extract value from the large amounts of data associated with the procurement, processing, and distribution of goods.

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

OptiProERP

MARCH 16, 2022

That’s why it’s considered one of the top four problems in the manufacturing industry. That isn’t something you can quickly pull together for analysis using Excel or Google sheets. Without accurate forecasting, you are prone to extremes in supply purchases, which can affect relationships with your suppliers. Drive Growth.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Optimal Sourcing Manufacturing Procurement 52

DELMIA Quintiq

SEPTEMBER 14, 2023

Medical Device manufacturers face an increasingly dynamic and intricate landscape. Innovative personalized manufacturing approaches have emerged, yet many organizations struggle to fully realize their potential in this rapidly evolving race.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. In one article , Mr. Sorenson points out that IBP works better for small manufacturers than large ones. A one number plan, Mr. Herrin told me, “is like an Excel spreadsheet.

Supply Chain Planning Software 236

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 236

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. We believe many practices in global supply chain management can be applied in every industry. However, you may wonder what kind of practices really work.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. The results for the high tech and electronics industry is shown in Figure 1.

Supply Chain Design Software 150

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

GlobalTranz

FEBRUARY 2, 2015

Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. No Purchase Orders were used. The use of Vendor Managed Inventory model has gained acceptance in many industries.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 74

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 74

Supply Chain Shaman

FEBRUARY 18, 2013

Over the last decade, neither the pharmaceutical nor medical device manufacturer has been able to drive the revenue/employee productivity gains of their comparative peer groups. They each lag in their understanding of supply chain excellence, and are now struggling to build effective supply chain teams. For most, it is a sore point.

Pharmaceutical 169

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 169

Supply Chain Opz

JULY 15, 2018

For example, - In some industries such as steel, chemicals, and other heavy industries, products are highly commoditized. Those people you are dealing with every day is actually your "internal customer" (as in lean manufacturing or six sigma initiatives.) Journal of the academy of marketing science, 32(3), 293-311.

Customer Service 100

Customer Service Six Sigma Agile and Lean Supply Chain Purchasing Skills 100

Logistics Bureau

NOVEMBER 16, 2020

While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality. Why Choose a Job in the Supply Chain Industry? It’s a constantly-changing, ever-expanding industry.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

ThroughPut

NOVEMBER 12, 2020

Whether manufacturers rely on ground, rail or sea to reach end-customers, the extent of disruption is unprecedented and this creates a need to rethink their warehouse fleet and carrier strategies. Lean warehousing. Lean warehousing is a holistic concept aimed at tackling improvement opportunities across the supply value chain.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

Supply Chain Shaman

APRIL 7, 2016

I am a manufacturing gal by training. While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. What drives my passion?

Supply Chain Design Software 150

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

ThroughPut

JUNE 4, 2020

Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. What is Inventory Optimization? Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. What is Inventory Optimization? Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Requis

MAY 22, 2020

He is a consultant to Fortune 500 companies and US federal agencies, and a speaker with focus on the fields of strategic sourcing, supply market intelligence, and supplier development. In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper. Basically, Flex runs supply chains.

Data 52

Data Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain 52

Supply Chain Shaman

JUNE 29, 2014

With the purchase of i2 by JDA, and Logictools by IBM, manufacturing companies serious about network design started looking for a company, with a well-established community, that was more serious about network design. Value-based Analysis. Network design tools were essential to manage the improvement of both together.

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

Supply Chain Movement

JUNE 11, 2014

In 2011 Cargill, the multi billion-dollar agri-industrial conglomerate acquired animal nutrition specialist, Provimi. Thirdly I have set up global raw material supply (GMS), a supply entity that consolidates CAN’s global purchase orders and global vendors to plan and deliver raw materials for our manufacturing sites.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. Heightened Industry M&A Activity Levels ion 2021. This report provides a snapshot of the U.S.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

It’s no secret that manufacturing companies around the world are rethinking their supply chain strategies. One of the ripple effects of the pandemic was that domestic sourcing, where possible, grew as companies could no longer import products for their production line. Australian reshoring strategies for advanced manufacturing .

Manufacturing Procurement 105

Manufacturing Procurement Manufacturing Supply Chain Planning Software Sourcing Strategies 105

Supply Chain Movement

MAY 19, 2016

Nokia’s 150-year history is one of reinvention; recently it has been changing and innovating almost as fast as the telecommunications industry itself. In 2013 Nokia took full ownership of Nokia Siemens Networks, buying the other half of the venture from Siemens, and 2014 sold its handset business to Microsoft. We have to be lean.

Supply and Demand 60

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 60

NC State SCRC

MARCH 9, 2016

An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” ” I have been studying the evolution of inventory technologies as an industry analyst since 2002. This week, I published an in-depth analysis on the topic.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

SYSPRO Smarter ERP

SEPTEMBER 27, 2021

Data is a crucial component of digital transformation in the manufacturing sector. Many manufacturers aren’t maximizing the value from enriching data and missing out on opportunities to grow, optimize or manage risk. Here are 3 ways manufacturers can monetize data and increase efficiency: 1. Create new revenue models.

Manufacturing Procurement 105

Manufacturing Procurement Analytics Software Manufacturing Predictive Analytics Software 105

The Logistics & Supply Chain Management Society

MAY 28, 2022

In these times of global turmoil, there are five (5) important megatrends shaping supply chain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supply chain management. From global to local and regional sourcing. Marco Tieman – CEO, LBB International.

Innovation 244

Innovation Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 244

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” They are the most prevalent in the consumer electronics industry. It was an early morning. I cradled my cup of tea in my hand. It had been a long night. ” I smiled.

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186