GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

GlobalTranz

JUNE 1, 2015

Customer expectations of reliable quality and rapid delivery forces today’s manufacturers to either shorten cycle times or lose business. There are multiple good models for lean manufacturing operations. ISO publishes guidelines for conformance to its standards. Who Needs Lean Manufacturing? Establish time-tables.

Manufacturing Procurement 120

Manufacturing Procurement Waste Reduction Agile and Lean Supply Chain Inventory Reduction 120

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. However, one crucial caveat to all this growth and opportunity is that—you need to follow industry compliance guidelines and deliver on quality.

Quality 89

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 89

Precoro

JULY 16, 2023

Whether or not the purchasing manager decides to incorporate outside guidelines, like those from the APS, they should work together with upper management to define these goals. Delays in supply deliveries, on the other hand, can lead to downtime at the manufacturing step and cause setbacks in meeting final customer expectations.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

The Logistics & Supply Chain Management Society

MAY 28, 2022

Additionally, a digital supply chain will help you quickly share accurate data with your partner organizations and receive information from them, so you can ensure they’re adhering to your sustainability guidelines. About the Author About Blume. MORE FROM THIS EDITION. 5 Megatrends Shaping Supply Chain Innovations.

Sustainability 264

Sustainability Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization 264

OptiProERP

JANUARY 17, 2024

The ways in which manufacturers extract and apply business intelligence (BI) are in transition. Depending on a variety of factors, manufacturers are relying on everything from manually produced spreadsheets to inflexible legacy ERP systems all the way to “smart manufacturing” approaches utilizing IoT and even IIoT.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Design Software Supply Chain Planning Software 52

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

The Logistics & Supply Chain Management Society

MAY 28, 2022

Do you know where the manufacturing facilities of your suppliers (and their suppliers) are physically located? Which parts are manufactured at each location? Supply chain mapping is key to ongoing innovation. Then it’s about mapping the supply chain. Do you track the history and frequency of disruptions?

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. This includes implementing lean manufacturing principles and utilizing advanced planning software, so businesses can optimize production processes and minimize waste. Get your guide now!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Game Changer

OCTOBER 4, 2022

Having project management offices (PMOs) has now become industry standard as they assure high-quality production runs by adopting precise regulations and procedures, as well as monitoring the whole manufacturing process. Distribution Network And Manufacturing Performance Metrics.

Manufacturing Procurement 81

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 81

QAD

JULY 28, 2022

While building an EV requires a significantly smaller manufacturing footprint than what an ICE vehicle requires, many EV manufacturers lack the business systems and connections to support their production. Episode #10: Maps & Metrics. ” Episode #7: Reflections of the Auto Supply Chain Prophets.

Agile and Lean Supply Chain 96

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 96

The Network Effect

OCTOBER 3, 2014

Supply chain organizations within the automotive supplier industry contribute to manufacturing excellence in many ways, including quality, cost, and delivery to their OEM and subsystem customer base. From a measurement perspective the key trending metrics at a high level include: Supplier on time delivery.

Supply Chain Network Software 197

Supply Chain Network Software Automotive Modeling Software Supply and Demand 197

Precoro

FEBRUARY 26, 2024

Examples include human resources or IT departments, manufacturing plants, or project teams. An example of a machinery cost center would be a manufacturing plant without employee expenses. Manufacturing Cost Center A manufacturing cost center is a facility where expenses are incurred for producing goods.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

Taulia

JUNE 26, 2023

Involving suppliers, manufacturers, distributors, and customers, the supply chain process can be broken down into the following stages: 0. During this step, you first need to decide on supply chain objectives and specify the metrics that will be used to monitor progress toward them.

Supply Chain Planning Software 52

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

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Resilinc

APRIL 13, 2021

Institutionalizing is when the support of your stakeholders and C-level leaders deepens because they see the SCRM program is achieving its metrics. The key to Institutionalizing your SCRM program is achieving ongoing successes as measured by the metrics agreed to in the Plan—and ensuring that leaders and stakeholders validate these successes.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Strategy 62

Elementum

JANUARY 16, 2024

Regularly reevaluate your processes, tools, and performance metrics, and make adjustments as needed to maximize efficiency and effectiveness. A manufacturing company automated its supply chain management system, leading to better inventory tracking and reduced lead times 3. Let us explore some key examples.

Supply Chain Software 78

Supply Chain Software Cost Reduction Strategies Resource Reduction Inventory Reduction 78

Unleashed

NOVEMBER 5, 2023

However, there is no significant difference between barcodes used in a warehouse and those used in retail stores, distribution centres, or manufacturing firms. These steps provide a general guideline for setting up a barcode inventory system in your business. What are barcodes? Define the barcode functions.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 52

American Global Logistics

JANUARY 30, 2024

It came in at less than 2 percent, below the Fed's guideline. With that, let’s turn to and analyze PMI-Manufacturing. Key Economic Indicator #5: PMI-Manufacturing The S&P Global US Manufacturing PMI for December 2023 decreased to 47.9 Flash US Manufacturing Output Index. Flash US Manufacturing PMI.

Supply Chain Strategy 52

Supply Chain Strategy Supply Chain Optimization Supply Chain Price Reduction 52

GlobalTranz

SEPTEMBER 28, 2016

5) Ongoing Assessment of Key Supplier Site Metrics to Ensure Business Continuity with Companies' Requirement and Proactively Identify Potential Risk Factors. Every business has their set of metric which they want to focus on. People: Are our SCM people aware of Quality Manual or Guidelines available in business? About Author.

Supply Chain Planning Software 120

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 120

New Horizon Supply Chain Blog

AUGUST 30, 2023

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S. Adrian Mitchell, CFO, Macy’s, Inc.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Kinaxis

FEBRUARY 22, 2018

As with any industry, food and beverage faces its own unique set of supply chain challenges, including: Expiring ingredients, manufactured product and packaged goods. The vendor is usually the supplier, a manufacturer or a distributor. Changing customer preferences and the need to continually “stock” the shelf. Lower order volatility.

Vendor Strategies 150

Vendor Strategies Inventory Reduction Beverage Modeling 150

SYSPRO Smarter ERP

MAY 25, 2022

The consequences of quality control errors at your manufacturing plant can be huge, potentially resulting in rework, product redesign, recalls, and dissatisfied customers. And if you’re operating in a highly regulated industry such as medical devices, automotive, or food and beverages, you also need to adhere to strict compliance guidelines.

Manufacturing Procurement 105

Manufacturing Procurement Quality Optimal Sourcing Manufacturing 105

ThroughPut

APRIL 28, 2020

Capacity planning software is a programmable solution that helps manufacturing organizations understand the actual production capacity needed to address fluctuating demands for its products and services. With regard to the manufacturing industry, the process of Capacity Planning is made up of three resource types: machines, people, and tools.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

ThroughPut

APRIL 28, 2020

Capacity planning software is a programmable solution that helps manufacturing organizations understand the actual production capacity needed to address fluctuating demands for its products and services. With regard to the manufacturing industry, the process of Capacity Planning is made up of three resource types: machines, people, and tools.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

ThroughPut

APRIL 28, 2020

Capacity planning software is a programmable solution that helps manufacturing organizations understand the actual production capacity needed to address fluctuating demands for its products and services. With regard to the manufacturing industry, the process of Capacity Planning is made up of three resource types: machines, people, and tools.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

QAD

JUNE 2, 2020

Digital transformation continues to gain momentum in manufacturing. Real-world results include: An industrial manufacturer relied on manually intensive cost calculations and forecasts leading to delays and errors. The company was also in a situation where it was difficult to define and monitor production metrics.

Manufacturing 109

Manufacturing Material Savings Real-time Visibility Waste Reduction 109

QAD

JUNE 2, 2020

Digital transformation continues to gain momentum in manufacturing. Real-world results include: An industrial manufacturer relied on manually intensive cost calculations and forecasts leading to delays and errors. The company was also in a situation where it was difficult to define and monitor production metrics.

Manufacturing 109

Manufacturing Material Savings Real-time Visibility Waste Reduction 109

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

SupplyPike

APRIL 10, 2020

Times are tough, so we’ve gathered some guidelines to help your supply chain get back on track, or at least to shore it up during these challenging times. You should also prioritize the products you need to manufacture and replenish. You should also look into implementing short term solutions for limited supplies. Other considerations.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

Exiger Perspectives

MARCH 30, 2023

This metric doesn’t directly extend to your supply chain attacks but instead has more to do with your program and organization. Governance and Compliance Governance principles should serve as the guideline for TRADES implementation. Lastly, you should also conduct a crown jewel assessment.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Risk Management Supply Chain Software Supply Chain Network Software 52

New Horizon Supply Chain Blog

JULY 15, 2022

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S. Adrian Mitchell, CFO, Macy’s, Inc.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

o9 Solutions

JANUARY 25, 2023

A proposal list of required metrics for producers to report includes: Name of the product and producer, Location of the factory, the origin of the materials used, Proportion of chemical and recycled materials, Instructions for use, recycling, and/or disassembly. Digital product passport promotes sustainable manufacturing. Walden et al.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Predictive Analytics Software 52

Enterra Insights

APRIL 22, 2019

2] She wrote: “There’s no doubt about it: manufacturers who fail to meet a retailer’s vendor standards can get into financial trouble. Being able to keep up with changing standards places manufacturers/distributors in a better position to negotiate with retailers, especially if requirements are arbitrary or illogical.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

Unleashed

NOVEMBER 15, 2021

Learn more: The Ultimate Manufacturing Guide: SME Manufacturing Explained What is mass customisation? It’s a manufacturing process for customising goods at scale while keeping unit costs low – a middle ground between standardisation and personalisation. The entire manufacturing sector is seeing a shift towards personalisation.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Forecasting Software 98

QAD

MAY 16, 2019

The Automotive Industry Action Group (AIAG) and Odette International are releasing the fifth version of the Materials Management Operations Guideline/Logistics Evaluation (MMOG/LE) assessment this summer. supplier selection and assessment, new product launch, use of metrics in the supplier assessment process). What is MMOG/LE?

Supply Chain Planning Software 101

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 101

AB&R

MARCH 4, 2022

In addition, mobile receiving carts enable organizations to create value with fewer resources, a lean manufacturing principle. Walmart’s Latest RFID Guidelines: What You Need to Know. This mobility helps reduce unnecessary labor while increasing accuracy and productivity. Conclusion. HAVE QUESTIONS? WE’RE HERE FOR YOU.

Waste Reduction 52

Waste Reduction Inventory Reduction Warehousing Six Sigma 52