Elementum

FEBRUARY 7, 2024

Especially transformative in manufacturing for predictive maintenance and in supply chain for efficiency, IoT’s real-time data feed enables proactive operational adjustments. Procurement: Automated Procurement Processes AI enhances procurement by automating supplier selection, contract management, and purchase order processing.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Arena Solutions

OCTOBER 12, 2023

If you’re a product developer, manufacturer, or part of an engineering team, you know the excitement, challenge, and profitability that come from transforming an idea into an actual product. Leveraging internal audits to align quality management with key business metrics When asked what are the benefits of conducting an internal audit?

Quality 88

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 88

Supply Chain Shaman

MAY 2, 2016

We also see that manufacturing companies with a strong dependency on BPO are less agile and rate themselves lower on innovation. With the rise in complexity, most Supply Chain Metrics That Matter are going backwards (inventory turns, ROIC, operating margin and growth). Avoid buying software from a consulting company.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Analytics Software Supply Chain Software 150

Supply Chain Shaman

SEPTEMBER 3, 2015

Cycle stock is the management of stock required to cycle through production runs and procurement buys effectively. There are two buffers in the supply chain: inventory and manufacturing capacity. As assets become more and more utilized manufacturing loses the ability to buffer volatility through manufacturing capacity optimization.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Here we give you a complete guide to MRO, from what it is, to what sort of items it covers.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Enterra Insights

JUNE 24, 2022

This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.” Barcodes play a central role in giving companies the visibility they need to control costs and provide an excellent customer experience.”

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

Supply Chain Shaman

DECEMBER 13, 2015

Today, 7% of order and purchase order flows move through business networks. ” I then countered, “Why don’t we use this spring’s Shaman’s Circle to facilitate a new discussion between leading manufacturers and technologists and see if we could create a new way of thinking about the problem?

Manufacturing Procurement 150

Manufacturing Procurement Procurement Analytics Supply Chain Network Software Procurement Solutions 150

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). At Rockwell this includes all processes end-to-end except for manufacturing.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Shaman

SEPTEMBER 20, 2015

How do they buy from you? How do they buy from you?” SanDisk Corporation designs, develops and manufactures flash memory storage devices and software. The company is the third-largest manufacturer of flash memory in the world. Both improvement and performance define supply chain excellence.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

JANUARY 18, 2016

Customers are buying less. Manufacturers are Now Selling Directly to Consumers. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

Supply Chain Shaman

JULY 5, 2016

19 average) and 3 times better ROIC for the period (33% versus P&G’s 11%), note that none of these three household products companies made progress on supply chain excellence in the period of 2013-2015. P&G’s rate of improvement on the Metrics That Matter was lower than the peer group. 21 versus P&G’s.19

Supply Chain Planning Software 150

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

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

Supply Chain Shaman

APRIL 15, 2015

The research is a study of large manufacturers. Buying these solutions is far more complicated than is represented in a simple four-box quadrant. In parallel, we now know that the Demantra solution purchased by Oracle lacks scalability and usability, but the perception is that it is well-integrated into the Oracle suite.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150

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.” We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports. At Supply Chain Insights , this is our passion.

Inventory Reduction 150

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

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. These are the highly trained professionals who control company capital and cash flow. Recommend ways to enhance performance metrics such as inventory, delivery, and overdue orders.

Supply Chain Planning Software 96

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

Supply Chain Shaman

AUGUST 26, 2015

While traditional forecasting approaches use statistics to model history assuming that historic shipments and order patterns represent future market patterns, in the times of market volatility, especially for manufacturers two-five levels back in the supply chain, traditionally forecasting is not adequate.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. There is seldom one technology used within a manufacturing company to connect B2b value networks.) It is clear.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

SCMDOJO

JULY 24, 2023

It boasts excellent infrastructure, including well-connected harbors, well-educated people, and multilingual capabilities, making it an international logistics hotspot. While it possesses the buying power of a large corporation, NUNNER focuses on providing tailor-made solutions to its customers.

Logistics Network Optimization Software 91

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 91

Supply Chain Shaman

FEBRUARY 16, 2016

Is my opportunity in the area of digital manufacturing? “ (The use of Internet of Things and 3D Printing to transform manufacturing.) Digital path to purchase? The automation of the moments of truth in the buying cycle to decrease demand latency and better sense shopper and consumer demand in real-time.) Digital sourcing?

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Software Supply and Demand Supply Chain Design 150

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The translation of independent demand into cycle stock reduction in production planning and material buying in demand-driven MRP.

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186

Supply Chain Shaman

MARCH 15, 2016

The majority of manufacturing and retail companies want better performing supply chains. However, visibility of channel relationships–customer orders and consumption/purchase–in the demand network, or the use and consumption of materials in the extended supplier network, is an ongoing issue. An Old Gal on a Mission.

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

Supply Chain Game Changer

NOVEMBER 15, 2018

Implementing a Lean program on the Manufacturing floor, in a Warehouse operation, or in a Distribution Centre is challenging enough. Executive Buy-In and Ongoing Support. First of all if you don’t have Executive Buy-In you are dead in the water. Lack of Training. Subscribe Here! Email Address. Landmines and Hurdles.

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Lean Purchasing Training Negotiating Skills 43

Unleashed

MARCH 26, 2023

Xero’s native inventory features include: Track up to 4000 stock items Enter and review stock quantities Add items to an invoice You can use this information in conjunction with Xero’s regular accounting suite to compare different financial metrics. But as customers purchase products, those levels need to shrink again.

Inventory Management Software 52

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

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 Shaman

OCTOBER 8, 2017

” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” I also worked in manufacturing during the period of 1978-1992 trying to plan demand. At the time o the initial implementation, training happened. ” I am in the middle. Everyone has a bias.

Supply and Demand 158

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 158

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). At Rockwell this includes all processes end-to-end except for manufacturing.

Supply Chain Software 33

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 33

Logistics Bureau

AUGUST 1, 2022

More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software. S&OP can deliver several benefits, but that knowledge is not enough to encourage disparate business functions to overcome conflicts and buy into the process.

Supply Chain Planning Software 87

Supply Chain Planning Software S&OP Supply Chain Planning Scenario Planning 87

Logistics Viewpoints

JULY 18, 2022

Driving an excellent supply chain depends on how people are recruited and managed, processes, and the technology used. In the annual report where they report on their key performance indicators (KPIs), they don’t just report on core financial metrics and the NPS, they also have people metrics. Training is also clearly important.

Supply Chain Design Software 220

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 220

Supply Chain Shaman

JULY 22, 2016

However, companies mature in the concepts of demand know that each order has latency–the time to translate market take-away into re-order points through the channel to the manufacturer. The automotive manufacturer had a surplus of green vehicles that no one wanted. Yes, the manufacturer made more green Volvo cars.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

synchrono

DECEMBER 18, 2017

Through this guest blog series, my intent is to share some of my experiences implementing supplier quality and Lean manufacturing initiatives by focusing on eKanban systems. My first post offered advice for planning an eKanban rollout (advice that could be applied across any Lean manufacturing project).

Inventory Reduction 104

Inventory Reduction Waste Reduction Expense Reduction Vendor Strategies 104

TrackVia

AUGUST 17, 2023

Detailed Information: The inventory includes detailed information about each asset, such as make, model, serial number, purchase date, warranty details, and maintenance history. Maintenance Schedule: The inventory system includes a maintenance schedule based on manufacturer recommendations and usage patterns.

Asset Management 98

Asset Management Analytics Software Predictive Analytics Software Optimization Software 98

Procurement Academy

MARCH 12, 2024

This article is a deep dive into this course – which is specially designed to give the professionals in your team the knowledge and skills they need to excel in strategic cost management. Calculating the Cost Breakdown: This process involves working with cost, finance, logistics and manufacturing process experts.

Optimal Sourcing 69

Optimal Sourcing Negotiating Skills Purchasing Skills Buyer Training 69

Supply Chain Shaman

FEBRUARY 25, 2016

Or is it the use of the Internet of Things to transform manufacturing or reduce issues with counterfeiting? This issue is that the orders have inherent order latency (The time for customer purchases to translate to manufacturing orders). Lora thinks that we are never too old to learn or to push for supply chain excellence.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Supply Chain Action Blog

AUGUST 26, 2018

Digital technologies, such as additive manufacturing, blockchain, and more secure IoT infrastructure, advance the freedom, speed and security of these flows. You will need to excel at managing and accelerating the 3-D Cycle, if you want to win in digital economy. And, then, there is the success of Walmart.com.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 40

TrackVia

AUGUST 17, 2023

Detailed Information: The inventory includes detailed information about each asset, such as make, model, serial number, purchase date, warranty details, and maintenance history. Maintenance Schedule: The inventory system includes a maintenance schedule based on manufacturer recommendations and usage patterns.

Asset Management 52

Asset Management Analytics Software Predictive Analytics Software Optimization Software 52

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. When they know what to look for, they can add granularity to your search for environmental performance excellence.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 84

ThroughPut

MARCH 30, 2020

Automotive manufacturers are remobilizing to produce ventilators. Our constraint is not our ability to help global manufacturing at scale, but to help global manufacturing in time. The Defense Production Act has been invoked to meet PPE demand in the United States.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 52