ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

GlobalTranz

DECEMBER 31, 2015

This is in part due to the fact that as a third party logistics company, focused on efficient and strategic transportation management solutions through technology and services, it is vital for us to educate our shipper customers and our team in order to continually improve and always provide value. .

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Software Third Party Logistics 120

Supply Chain Shaman

FEBRUARY 18, 2021

Advanced planning evolved with a focus on modeling manufacturing constraints. The focus of the transportation suites was on cost mitigation and price negotiation. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. What are functional metrics? Over time, this changed.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

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

BlueYonder

FEBRUARY 23, 2023

The following are the insights gained from my discussion with Sunil Roy , who leads Blue Yonder’s Industrial Manufacturing Industry Strategy, during a recent Blue Yonder Live and executive customer events that we prepared for jointly. And how should they be solving for them? Sunil: It’s important to start with metrics.

Manufacturing Procurement 76

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 76

GlobalTranz

MARCH 23, 2016

How to Breakthrough Lean Culture Plateaus. Leader standard work in order to create accountability within the team structure; Problem-solving thinking; how to align your organization so that the right problems are solved at the right level. Practices and learns how to apply Lean tools. Ask yourself, "Has the Lean team plateaued?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Unleashed

MARCH 24, 2024

Many manufacturers use lean methods to cut costs and improve efficiencies in their business. But ‘lean’ is a very broad concept and the ways that manufacturers ‘go lean’ vary considerably. Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

Supply Chain Shaman

APRIL 18, 2023

Yes, we have achieved greater normalcy in transportation. For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. The traditional leader values cost reduction but is blind on how to value time. .” I feel like we are riding a gondola in the middle of an intense snowstorm.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Unleashed

JANUARY 16, 2024

Landed cost is a crucial metric for understanding profitability at the product level. Without it, you’ll struggle to achieve an accurate measure of how well your business is doing. This guide breaks down how landed cost is calculated, why it matters, and strategic ways to lower your landed costs and increase profitability.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

Unleashed

AUGUST 20, 2023

If a manufacturer has to wait an extra day for raw materials to arrive, they might lose a customer. Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. Let’s dive in. Let’s dive in.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. We do not know how to walk the talk. When It Comes to Cash-to-Cash, We Don’t Know How to Walk the Talk appeared first on Supply Chain Shaman. The post Collaboration?

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

GlobalTranz

JUNE 30, 2017

Manufacturers have always struggled to know their customers. Unfortunately, this means manufacturers face an even greater challenge, as more customers translate into greater use of customer service. But, how do manufacturers turn their focus to the customer experience? Determine What Customers Want Today.

Manufacturing Procurement 205

Manufacturing Procurement Manufacturing Procurement Analytics Price Reduction 205

Logility

JANUARY 26, 2017

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). requires a different set of metrics.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. Production Lead Time: Encompassing manufacturing, quality control, assembly, and related processes. However, it’s essential to consider potential drawbacks.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

Intelligent Audit

MARCH 21, 2022

Of all the details shippers and businesses have to manage and track, transportation costs and freight audits can be the most overlooked and impactful. The pandemic brought massive and sudden changes to how consumers were shopping and spending their money, shifting supply chains from local lines to imports in numbers never seen before.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Optimization Network Optimization 52

GlobalTranz

MAY 18, 2018

Leverage Inventory as Data When systems communicate, they create inventory data, but actual inventory can be turned into data points and metrics to understand the flow of products. How to Avoid Supply Chain Technology Hiccups appeared first on Transportation Management Company | Cerasis.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 138

Supply Chain Shaman

SEPTEMBER 22, 2022

Instead, I find most are visibility projects without clarity on how to tie improved visibility to enterprise processes. Bi-directional orchestration enables what-if optimization for commodity buy plans in procurement, S&OP execution, and transportation optimization. Redesign of Transportation Planning to Deliver a Feasible Plan.

Supply Chain Planning Software 405

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 405

Unleashed

NOVEMBER 2, 2023

A production schedule can help you bring down manufacturing costs and maximise efficiency during the production process. Keep reading to learn what a production schedule is, how to create one, and the actionable tips that’ll help you maximise success and improve productivity in your production scheduling process.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

Unleashed

FEBRUARY 28, 2023

Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process. Receiving efficiency is a useful warehousing metric that helps business owners determine whether their receiving process needs improvement.

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

The Logistics of Logistics

FEBRUARY 11, 2022

OTIF is a key supply chain metric. Andrew Lynch is President and co-founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. The Supply Chain is Broken – How to Fix it with Jeff Dangelo. About Andrew Lynch. third-party?logistics. Andrew Lynch.

Cost Reduction Strategies 206

Cost Reduction Strategies North America Logistics Network Optimization Software Manufacturing Procurement 206

GlobalTranz

JULY 8, 2016

Today, we wrap up our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Today's post will cover the top 5 Transportation Management blogs from 2016 so far. Top Transportation Management Blogs from the First Half of 2016 So Far. Get The Full List Here.

Transportation Management 125

Transportation Management Transportation Resource Reduction Cost Reduction Strategies 125

4WL Consulting

MAY 4, 2020

C3Nano is a material technology company developing and manufacturing transparent conductive films, the main component in all touch sensors used in phones, tablets, and more. The danger of silos – and how to avoid them. The top trends impacting manufacturing in the next 3 to 5 years. Cliff Morris: Mike, how are you doing?

Manufacturing 130

Manufacturing Material Savings Just-in-Time Detroit 130

4WL Consulting

MAY 4, 2020

C3Nano is a material technology company developing and manufacturing transparent conductive films, the main component in all touch sensors used in phones, tablets, and more. The danger of silos – and how to avoid them. The top trends impacting manufacturing in the next 3 to 5 years. Cliff Morris: Mike, how are you doing?

Manufacturing 130

Manufacturing Material Savings Just-in-Time Detroit 130

GlobalTranz

AUGUST 9, 2016

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. Transportation takes time.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Unleashed

FEBRUARY 23, 2023

Below, we cover how to improve liquidity and free up cash flow using nine effective strategies. In this guide on how to improve liquidity: What is liquidity? When trying to improve liquidity in a business, you can use multiple metrics to calculate its current liquidity.

Inventory Reduction 52

Inventory Reduction Material Savings Expense Reduction Price Reduction 52

ShipBob

DECEMBER 13, 2023

By the end of this article, you’ll gain insights into which inventory health indicators you should be monitoring, how to overcome common inventory management hurdles, and see how a third-party logistics provider like ShipBob can help. These metrics provide valuable insights into how well your inventory is managed.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Logility

AUGUST 14, 2023

Master data, for example, provides a foundation for understanding how and what to measure for a particular supply chain and what is possible to measure for a particular technology implementation. The presence — or absence — of required data is going to have an impact on the metrics being used to measure the success of the project.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Procurement Solutions 202

Talking Logistics

APRIL 27, 2015

In the first episode of this educational series focused on the link between transportation management and supply chain excellence, Chris Timmer of LeanLogistics (a Talking Logistics sponsor) outlined the attributes of a strong transportation management foundation and how to build it. How predictable is your demand and supply?

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Supply Chain Strategy Strategy 100

Intelligent Audit

NOVEMBER 3, 2022

Supply chains are complex, and we’ve witnessed in recent years how easily disruptions efficiently affect goods from point A to point B. On the transportation end of supply chains, shippers adapt to the transportation needs at any given time to ensure this part of the supply chain continues as well as possible.

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. The question was on “how to improve performance.”

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. These results herald upcoming issues for future manufacturing reporting earnings calls.

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

Talking Logistics

JANUARY 28, 2015

Building a strong transportation management foundation is a critical prerequisite for companies to execute their supply chain strategies and achieve their growth and financial objectives. When it comes to transportation management, what are the attributes or components of a solid foundation? Then look at how to deploy the strategy.

Transportation Management 100

Transportation Management Price Reduction Cost Reduction Strategies Transportation 100

Unleashed

NOVEMBER 26, 2020

How to calculate Safety Stock levels in Excel. The reorder point is the level of stock at which you ought to reorder more stock (or components, in the case of manufacturers). Safety stock levels for manufacturers. Running out of one shoe colour variation might not affect a clothing manufacturer unduly.

Examples 98

Examples Manufacturing Procurement How To Eliminating Excel in Purchasing 98

RFgen

FEBRUARY 17, 2023

KEY TAKEAWAYS: Just in Time Manufacturing is a business-centric approach focused on efficiency. Lean manufacturing emphasizes customer desires. When it comes to producing products, manufacturers have many options for the methodologies they adopt. How do you choose the right manufacturing method for your business?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 52

QAD

MARCH 9, 2023

Instead, geopolitical, inflationary and environmental forces have created new challenges for manufacturers and their supply chain partners. Supply chain planning is more important today than ever before and there’s good news: Manufacturers have options for mitigating global supply chain risk and keeping costs in check.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 95