The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. For manufacturers: Optimizes inventory and harmonizes data to reduce costs, improve visibility, and make better sourcing decisions.

Optimal Sourcing 263

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 263

GlobalTranz

DECEMBER 18, 2014

All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. Now is the Time for Manufacturing to Look at Logistics Efficiency. The keyword here is fast.

Manufacturing Procurement 236

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 236

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

Enterra Insights

JANUARY 17, 2019

Nevertheless, over the past few years there have been some significant changes in the manufacturing sector, including the maturation of additive manufacturing and the emergence of the Internet of Things (often referred to as the Industrial Internet of Things (IIoT)). Manufacturing trends. ”[1] Those arguments still hold.

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Manufacturing Procurement Prescriptive Analytics Software Trends Manufacturing 100

Unleashed

JANUARY 3, 2023

As a manufacturer, a lot of businesses and customers rely on you to get things done on time. So, let’s break down how to improve cash flow in a manufacturing business and look at the various cash flow challenges faced by manufacturers around the world. In other words, it leaves you with no cash to spend until they pay.

Manufacturing Procurement 96

Manufacturing Procurement Material Savings Expense Reduction Inventory Reduction 96

GlobalTranz

JANUARY 22, 2018

Going back to the Industrial Internet of things (IIoT), the use of Internet-connected technology increases risk in manufacturing. billion in 2018 alone, reports Michael Kotelec of Manufacturing.net , and this will bring a strong, robust boost to efficiency and productivity in manufacturing. However, the risk is well worth it.

Manufacturing Procurement 199

Manufacturing Procurement Analytics Software Demand Planning Software Supply Chain Software 199

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Ware2Go

JANUARY 7, 2022

In a November survey , 87% of merchants shared that they already were affected by increased freight costs. Further, 18% had re-routed freight or re-negotiated with carriers – and 12% absorbed the extra cost. What is just-in-time procurement? What is just-in-case procurement?

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

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

GlobalTranz

MAY 5, 2015

Since 2011, the federal government focused on changing this paradigm and made American manufacturing a priority. Under the guidance of the Department of Commerce/NIST , they developed an infrastructure with dedicated funding to rebuild our manufacturing sector. manufacturing.” Below is an overview of this program.

Manufacturing Procurement 120

Manufacturing Procurement Innovation Manufacturing Supply Chain Design Software 120

GlobalTranz

FEBRUARY 27, 2018

Procurement must never be an afterthought in any enterprise. Manufacturers need to have the right raw materials and supplies available. Supply chain professionals must also know how they will be shipping freight. Supply chain professionals must also know how they will be shipping freight. Download white paper.

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Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 166

Supply Chain Shaman

FEBRUARY 18, 2021

The systems–based on shipment and order data–were out of step with the market. With fixed models and hard-wired data feeds, teams could not adjust the planning systems to use consumption data or market indicators. Advanced planning evolved with a focus on modeling manufacturing constraints. The reason? Next Steps.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 288

Locus Robotics

MARCH 9, 2023

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. AI and ML can be applied to inventory management, demand forecasting, freight route planning, and much more.

Supply Chain Software 52

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

ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ?

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Be demand driven.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Silvon Software

JULY 22, 2022

For one thing, today’s operational processes have become more complicated due to the ever-growing number of sources, platforms and touchpoints that must now be analyzed in order to drive actionable insights from them. Freight Bill Accuracy. It is a ratio of the total freight invoices free of errors compared to the total freight bills.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

GlobalTranz

JANUARY 19, 2015

There’s more involved in successfully reshoring a foreign manufacturing operation back to the U.S. Reshoring is a hot topic in manufacturing. These “Bring Manufacturing Back” initiatives have many moving parts and require careful planning and execution and very skillful project management. than simple cost comparisons.

Manufacturing Procurement 120

Manufacturing Procurement Purchasing Skills Buyer Training Manufacturing 120

3PL Insights

NOVEMBER 15, 2021

Amidst all of these stories of shortages and bottlenecks, we thought it would be helpful to explain the basics of shipping ocean freight. In this article, we will explain the shipping process, identify the different types of cargo, and show the benefits of ocean freight shipping. What is Ocean Freight? Benefits of Ocean Freight.

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Freight Manufacturing Procurement Cargo Shipping 98

Talking Logistics

FEBRUARY 18, 2016

If you are buying widgets, there are many ways to make your purchase, from going to a retail location, ordering online or using a standard procurement software tool that allows you to order lots of widgets and receive them over a specified period of time. Here are the top five reasons you need a transportation sourcing solution: 1.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Solutions Purchasing Skills Sourcing Strategies 100

Logistics Viewpoints

MAY 16, 2022

They have a complex network of suppliers, internal assets, and transportation and manufacturing partners, many of whom are changing on an ongoing basis. In other works, based on the data in their internal systems and rather limited collaboration, they optimize their internal operations. But something called ERP 4.0

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Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization Supply Chain Planning 211

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 procurement 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 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

Resilinc

APRIL 30, 2024

Over the last decade, Resilinc’s 24/7 supply chain monitoring system EventWatch AI has reported an increase in extreme weather disruptions like hurricanes year-over-year. 1 Production delays Manufacturing facilities in the hurricane’s path may be damaged or forced to close, leading to production delays or stoppages.

Supply Chain Software 94

Supply Chain Software Supply Chain How To Forecasting 94

GlobalTranz

MAY 12, 2015

A global marketplace is emerging that represents a huge opportunity for manufacturing. But the market is segmented, demanding specialization that will be tough for traditional manufacturers to handle. Technology and Manufacturing: It is a Part of the Cerasis DNA & How we Empower our Manufacturing Shippers.

Manufacturing Procurement 120

Manufacturing Procurement Modeling Software Demand Planning Software Cost Reduction Strategies 120

Supply Chain Matters

APRIL 10, 2024

Background Throughout 2022 and 2023, we have highlighted for readers the various indications of Apple’s unfolding China Plus sourcing moves. That culminated in our research arm’s published December 2023 Supply Chain Matters update, Apple’s Unfolding China Plus Sourcing Strategy for iPhone Production.

India 59

India Manufacturing Procurement Report Sourcing Strategies 59

GlobalTranz

JULY 28, 2021

For instance, managed transportation includes value-added logistics capabilities, including: Logistics consulting and analysis to understand current needs, costs, savings opportunities by mode, benchmarking and implementation or training of new systems. Another Thing to Consider: Network Versus Execution-Level Optimization.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

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Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Manufacturing Procurement 130

EC Sourcing Group

DECEMBER 1, 2021

Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

Supply Chain Shaman

FEBRUARY 16, 2024

General AI is a self-learning form of artificial intelligence based on language processing to learn across systems. Additionally, the tight integration of ERP to APS (Advanced Planning) makes the system nervous and throws supply chain results out of balance, increasing the bullwhip impact. Not a good thing.) Batch interfaces are slow.

Supply Chain Planning Software 387

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 387

GlobalTranz

APRIL 6, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. It also takes flexible and redundant suppliers, systems, and talent to create an organization that survives and thrives while others struggle. What is Supply Chain Resilience? Overall, U.S.

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Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

Logistics Viewpoints

FEBRUARY 26, 2024

The Cooper University Health Care Supply Chain Cooper University Health Care is the leading academic health system in southern New Jersey. The system provides access to primary, specialty, tertiary, and urgent care. Operating a smoothly running supply chain for a system with that number of sites is challenging.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

Logistics Viewpoints

DECEMBER 5, 2022

The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. Molex has more than 80 manufacturing facilities around the world supported by an 18,000 strong supplier eco-system that provide raw materials, electronic components, and services. The Molex Supply Chain. Keys to Success.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Ask manufacturing leaders what changes they plan to make in the next three years in the wake of the coronavirus pandemic, and they will likely say their use of technology will deepen as more and more players in their supply chains come to rely on digital connections for daily interactions. Legacy systems:? Talent gaps: ?

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

Supply Chain Shaman

NOVEMBER 2, 2018

At the time, we were both deployed as consultants for Manugistics to help a manufacturing company to implement end-to-end planning. There is no solution to optimize source, make and deliver together or drive bidirectional orchestration to execute trade-offs between functions automatically. Manugistics is now owned by JDA.).

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Network Software Manufacturing Procurement Supply Chain Design Software 169

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement. RPA can automate the uploading of reporting and contract data for transactions from contracts into Transportation Management Systems (TMS) or Enterprise Resource Planning (ERP) systems with greater speed and accuracy. Purchase Order Management. Freight Management. Returns and Refunds Processing.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Logistics Viewpoints

OCTOBER 31, 2022

Among other things, ZF manufactures electrified powertrains, car chassis technology, active and passive safety systems, and advanced driver assistance systems. ZF offers product and software solutions for established vehicle manufacturers and newly emerging transport and mobility service providers. at the ZF Group.

Agile and Lean Supply Chain 197

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 197

QAD

FEBRUARY 20, 2024

The Causes of Stock Loss Sources of stock loss can include: Incorrect part movement Scrap with parts being dropped and damaged Shipping inaccuracy from warehouses and suppliers Manual mistakes in the processes Supplier performance Inaccurate forecasting Split shipments can also cause issues. Stock loss isn’t selective on item size either.

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Manufacturing Procurement How To Material Savings Supply Chain Design Software 95