Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Why Is Purchase Price Variance Important?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

ThroughPut

DECEMBER 5, 2023

Keeping up with demand and market trends challenges most supply chain operators. Accurately forecasting sales with fluctuating demand cycles is difficult to achieve, and yes, there’s a direct impact: the less accurate the sales forecast, the less precise the stocking levels. What is Demand Forecasting?

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

Supply Chain Shaman

AUGUST 18, 2022

At the end of a long day of a strategy session on supply chain excellence with a client, I needed to fill up some time in an agenda. Over the last decade, I find fewer and fewer companies understand supply chain planning. Over the last decade, I find fewer and fewer companies understand supply chain planning.

Supply and Demand 259

Supply and Demand Demand Planning Software Optimal Sourcing Supply Chain Planning Software 259

Supply Chain Shaman

JUNE 30, 2023

As a supply chain leader, he is struggling how to dance in the ring of fire. The ring of fire is corporate politics at the executive level on supply chain performance. Each executive has a different perspective on the definition of supply chain excellence, but they are never discussed and aligned.

Supply Chain Planning Software 331

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 331

Logistics Viewpoints

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Supply Chain Chaos is the New Norm. Then multiply by 10 for the Tier 3.”

Supply Chain Visibility 207

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 207

SYSPRO Smarter ERP

OCTOBER 4, 2021

The pandemic pushed manufacturers and distributors to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supply chains. A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 119

Manufacturing Procurement Distribution Sourcing Strategies Manufacturing 119

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

Supply Chain Trend

AUGUST 13, 2020

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software. Key Points.

Supply Chain Software 147

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 147

GlobalTranz

MARCH 17, 2016

This year looks like it's going to be one of the most innovative years for manufacturing technology. Purchasing and supply executives predict that the global manufacturing industry will continue to expand. and Chinese manufacturers. 4 Technologies Changing Global Manufacturing, As Told in 4 Infographics.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 120

QAD

MAY 23, 2023

Companies that move fast and act smart now can stay ahead of due diligence legislation, mitigate supply chain risk and gain a competitive advantage in the process. As I explained in a recent article on Supply & Demand Chain Executive , organizations that leverage supply chain digitization will be the most likely to succeed.

Procurement Solutions 91

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 91

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

Unleashed

FEBRUARY 21, 2022

As 2022 kicks in, the manufacturing sector is being shaped by technological change and the Covid-19 pandemic. Digital, connected and smart systems are on the rise, while at the same time manufacturers face challenges such as the ‘Great Resignation’ and clogged-up supply chains – as well as increasing demand for sustainable products.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 98

ToolsGroup

OCTOBER 12, 2021

As supply chains continue to grapple with volatility and disruption post-pandemic, fashion brands, who faced increased risks during the pandemic because of lockdown, are now turning to better supply chain planning for fashion strategies with the end goal of achieving improved agility and a competitive advantage.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Optimal Sourcing 156

ToolsGroup

SEPTEMBER 29, 2022

In July 2022, IHL and ToolsGroup surveyed U.S. In July 2022, IHL and ToolsGroup surveyed U.S. The survey report: How Retailers Win Customer Loyalty in an Omnichannel World tracks the change in U.S. IHL Group is a global research and advisory firm specializing in technologies for the retail and hospitality industries.

ToolsGroup 156

ToolsGroup Optimal Sourcing Study Groups 156

AIMMS

JUNE 16, 2020

The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Current Technologies in Use for Supply Chain Network Design . Another use case we see for scenario modeling in the current context is evaluating new sourcing locations. Read on for common use cases. .

Modeling 361

Modeling Network Design Software Network Design Scenario Planning 361

ThroughPut

OCTOBER 7, 2022

Step Up Demand Planning Efforts with a Robust Forecasting Model . With the pandemic leaving a deep impact, organizations need to now be better prepared to gain end-to-end visibility across demand and supply chains, especially with their level of preparedness to adapt to sudden changes in demand.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

Supply Chain Game Changer

SEPTEMBER 15, 2021

Subscribe to Supply Chain Game Changer. Manufacturing SMBs article and permission to publish here provided by Alina Akk. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain. Subscribe Here! Email Address. Get Our EBOOK HERE.

Inventory Management Software 92

Inventory Management Software Manufacturing Procurement Inventory Management Supply Chain Planning Software 92

Unleashed

AUGUST 3, 2021

Here we provide an overview of the latest pet food industry trends, and answer the question: how can pet food manufacturers respond to changes in consumer demands to take advantage of these new trends? manufacturing had seen five years of consistent growth. manufactured?pet pet owners survey ,?35% pet food manufacturers?significantly

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

ToolsGroup

AUGUST 20, 2019

More and more businesses are hopping on the outsourcing bus and letting the experts take the wheel to drive supply chain planning processes. Several years ago ToolsGroup pioneered business process outsourcing (BPO) as an alternative to in-house supply chain planning (SCP). Driven by improvements in performance and cost.

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . In a November survey , 87% of merchants shared that they already were affected by increased freight costs. What is just-in-time procurement?

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

Supply Chain Shaman

MAY 9, 2023

Currently, LinkedIn is flooded with smiling pictures of supply chain business leaders attending conferences. The panel group is sourced from my group of LinkedIn followers. Supply Chain Center of Excellence Let’s start with a discussion on Supply Chain Centers of Excellence.

S&OP 352

S&OP Supply and Demand Supply Chain Planning Software Sourcing Strategies 352

Supply Chain Shaman

JULY 23, 2023

In 2012, I published an article on Sales and Operations Technology (S&OP) Maturity. (I The report centers on the concept of moving from inside-out to outside-in technologies. An outside-in model requires a redefinition making today’s supply chain planning technologies legacy investments.

Supply Chain Planning Software 343

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 343

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. When companies want to digitally transform their supply chain capabilities, moving to an integrated business planning process (IBP) is often at the heart of the transformation.

Supply Chain Planning Software 236

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 236

ThroughPut

JULY 6, 2021

Thriving In ‘The New Normal’ With 5 Demand Planning & Forecasting Methods. Do you remember the time when the COVID-19 pandemic lockdowns were announced across the world, followed by the panic purchase of essentials to the point where supermarkets and grocery stores were left with empty shelves?

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

Logistics Viewpoints

JANUARY 26, 2021

Prior to 2020, every supply chain in the world was challenged by increasing levels of demand unpredictability and market volatility. The sudden onset of COVID-19 only reinforced a lesson that supply chain professionals had already realized: uncertainty is the only real certainty. There are Also Commercial Reasons.

Agile and Lean Supply Chain 269

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 269

Supply Chain Shaman

FEBRUARY 14, 2022

However, this mature team found the technology insufficient. 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.)

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

RFgen

FEBRUARY 10, 2023

Supply chain optimization and attracting talent will continue to be top-of-mind for manufacturers. Artificial intelligence (AI) is most likely to transform the manufacturing sector. Manufacturing has changed dramatically in recent years. companies expect the supply chain to remain challenging into 2023.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Analytics Software 52

Enterra Insights

MARCH 11, 2021

That’s because technology and the Internet have transformed the business landscape forever. ” Consumer Packaged Goods (CPG) manufacturers know as well as anyone that keeping up with the changing landscape can be difficult — but essential. ” What does that mean for CPG manufacturers? ”[4].

Manufacturing Procurement 130

Manufacturing Procurement Manufacturing MRPeasy Forecasting Software 130

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. Kanban came from the same place as the wider principles of lean manufacturing: Toyota. Table of Contents.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

Clear Spider

JANUARY 26, 2023

There is, however, one solution that has the potential to redefine supply chains everywhere: Automation. The Power of Good Tech In today’s world, staying competitive means leveraging the power of new technologies that are constantly redefining supply chains.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Optimization Software Forecasting Software 52

Supply Chain Matters

JANUARY 3, 2024

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Enterra Insights

OCTOBER 26, 2023

Prior to the pandemic, efficiency was the primary focus of most supply chain operations. I’m not implying that efficiency no longer matters — it obviously does — but a disrupted supply chain can’t be efficient. Severe disruptions during the pandemic changed that focus to resiliency. Here’s the rub.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

Logistics Viewpoints

FEBRUARY 2, 2024

percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 Teradyne , a supplier of semiconductor testing equipment, pulled manufacturing worth about $1 billion out of China last year, a Teradyne spokesperson said on Monday, after U.S. export regulations led to supply chain disruptions. percent, or $24.5

Cost Reduction Strategies 236

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 236

The Logistics of Logistics

SEPTEMBER 12, 2020

Supply Chain Basics with Jason Miller. Jason Miller and Joe Lynch discuss supply chain basics. Jason is a professor of supply chain at Michigan State University, which is ranked as one of the top supply chain schools in the world. Key Takeaways – Supply Chain Basics. Forecasting.

Supply Chain Design Software 130

Supply Chain Design Software Negotiate Pricing Negotiating Skills Supply Chain Design 130

Unleashed

AUGUST 30, 2021

Here we examine manufacturing downtime in detail, including what it is, what causes it, and what it can cost your business. Because even small manufacturing firms with limited capital can reduce the risk of suffering unexpected outages through measures like preventive maintenance, staff training and the use of smart manufacturing software.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Predictive Analytics Software Material Savings 98

The Logistics & Supply Chain Management Society

JULY 20, 2020

Whilst the COVID-19 pandemic spreads across the world, it is vital for organisations to ensure a reliable supply of products and services. Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Leadership in Supply Chain. Put first things first. Industry 4.0.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

ToolsGroup

SEPTEMBER 25, 2019

New survey finds that most companies are still formulating and gaining support for a digital strategy, with fear of change and data challenges as leading roadblocks. . Having 27% in some stage of executing shows many organizations are making good progress in selecting and deploying enabling technology. PRESS RELEASE. BOSTON, Mass.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136