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How manufacturers and distributors can address supply chain management challenges

SYSPRO Smarter ERP

Unless manufacturers change, they will find that their ability to forecast demand, and determine what to do to meet it, will be challenging. Supply chain management (SCM) systems help businesses to manage the flow of goods and services right from the sourcing of raw materials, to delivering finished goods to the customer.

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Dancing in the Ring of Fire

Supply Chain Shaman

His organization purchased an advanced planning technology from well-known best of breed provider, and the implementation should have been successful, but it was not. The focus by Anne, the CIO, is on the deployment of an outdated ERP system purchased five years ago. He does not see the value for the cost of warehouse management. (He

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Thriving In ‘The New Normal’ With 5 Demand Forecasting Models

ThroughPut

Step Up Demand Planning Efforts with a Robust Forecasting Model . Demand forecasting can be a game changer in today’s volatile environment. Infact, according to McKinsey , applying AI-driven demand forecasting to supply chain management can cut down errors by 20-50% and this helps reduce lost sales by 65%.

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Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

Our 2018- 2019 Network Design Survey showed that the majority of organizations are still relying on spreadsheets (nearly 60%) and gut feel (15%) to make network design decisions. A recent Thomas survey found that 64% of manufacturing companies are likely to “bring production and sourcing back to North America” in view of COVID-19.

Modeling 361
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Just-in-Time vs. Just-in-Case Procurement During Supply Chain Disruption

Ware2Go

In a November survey , 87% of merchants shared that they already were affected by increased freight costs. Experiencing the negative effects of overextended supply chains and lean manufacturing, merchants are looking to forge a balance between JIT and JIC purchasing models that reduces risk and maintains profit margins.

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Navigating The Snails Trail: Moving to Outside-in Planning Processes

Supply Chain Shaman

The order latency is the time from purchase by the end consumer to the visibility of the order. The higher the volume and the more forecastable the product, demand latency is days (usually two weeks). For example, when a product at retail is purchased, the shelf is replenished from backroom stock.

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Pet Food Manufacturing and the Pandemic: Inside an Industry Boom

Unleashed

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