QAD

APRIL 13, 2023

For example, rather than hiring someone with the required skill set, many companies are investing in training and development programs to upskill their workforce, and ensure that their employees are equipped with the skills needed to succeed in their role.

Pharmaceutical 94

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 94

Material Handling & Logistics

DECEMBER 2, 2018

In that spirit, we’ve combed the MH&L archives for the most innovative supply chain developments of the past year, as reported in our print magazine, on our website, in our e-newsletters, or our various social media channels. We hope you enjoy this salute to the best of 2018, and we look forward to even more innovations in 2019.

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Innovation 110

TransAudit

DECEMBER 13, 2023

Develop circular economy knowledge and skills through training programs and pilot projects. Circular supply chains require multidirectional communication and innovation, so the technology must provide easy ways to accomplish this. Reward supplier innovation and progress on circular initiatives.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Common performance metrics include process completion rate and the number of automated tasks.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

BlueYonder

APRIL 16, 2024

Traditional monitoring tools often struggle to keep up with the complexity of distributed systems, leading to a need for innovative solutions. By training models on historical data and expected behaviors, AI algorithms can automatically identify deviations from normal patterns. Information Source: “Error Code: DB_POOL_123.”

Supply Chain Design Software 93

Supply Chain Design Software Supply Chain Planning Software Modeling Software Predictive Analytics Software 93

Supply Chain Shaman

JUNE 6, 2015

At the event, James Rice, MIT, spoke on innovation, and his reflections on Clayton Christensen’s 1997 classic business book, the Innovators Dilemma. This is disruptive innovation. The spark from Invention to Innovation is slow. Technology invention is happening, but the translation to innovation is slow.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

ivalua

AUGUST 16, 2021

This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . In order that sourcing and procurement teams fully optimize their supplier network, there needs to be a change in the way organizations view all suppliers. Assess and mitigate risk across the supply chain.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software 130

Supply Chain Shaman

DECEMBER 13, 2021

Laggards mosey down a path of vague terms and goals without questioning the need to reskill to drive process innovation. How do we design work systems to align organizations and ensure that there is the right balance of reward systems with metrics? How do we drive bi-directional orchestration across source, make and deliver?

Sourcing Strategies 195

Sourcing Strategies Cost Reduction Strategies Supply Chain Design Software Price Mitigation Strategies 195

Procurement Academy

OCTOBER 19, 2023

Strengthened supplier relationships arise from negotiation training. This procurement approach looks at the delivery of value beyond instant cost savings, such as timely delivery, compliance, and innovation. This means that routine transactions turn into strategic opportunities that create several key advantages.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Supply Chain Shaman

MARCH 28, 2016

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Logistics Viewpoints

JULY 27, 2021

What’s more, bots don’t require paychecks, benefits, vacations, training or other workforce overhead. Capturing it, cleaning it, screening it and analyzing it to determine better routes, better prices, and better sources is foundational to smart logistics operations. In a word, it’s data. Keep Your Eyes on the Road.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 246

Silvon Software

MAY 1, 2024

In an era where data is the new oil, businesses are constantly seeking innovative ways to extract valuable insights from their vast data reservoirs. BI integrates data from multiple sources, creating a unified repository that is essential for developing accurate and comprehensive predictive models. Data Integration.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Predictive Analytics Software Analytics Software Predictive Analytics 59

Logility

JANUARY 14, 2021

Logility scored significantly higher than its peers’ average in areas such as low total cost of ownership (TCO), user experience, high availability, industry specialization, out-of-the-box availability, and availability of training. It is truly an honor to be named by IDC as a leader in supply chain customer satisfaction.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimization Software Analytics Software Demand Planning Software 130

NC State SCRC

JANUARY 16, 2024

She added that the “DoD’s first-ever National Defense Industrial Strategy will help ensure we build the modern defense industrial and innovation ecosystem that’s required to defend America, our allies and partners, and our interests in the 21st century.”

Sourcing Strategies 72

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 72

OptiProERP

APRIL 9, 2024

Document processes and provide training to employees to ensure compliance and proficiency. Use dashboard reporting and analytics tools to track performance metrics in real-time and identify areas for improvement. Implement regular reviews and retrospectives to identify bottlenecks, implement corrective actions, and drive innovation.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Supply Chain Insights

JULY 23, 2017

Use our Metrics That Matter methodology to look at improvement and performance. At each round, employees gain an understanding of the value of supply chain decisions through the sharing on the Supply Chain Metrics That Matter. Training. We want to help, we offer three types of training. How does it help? How to keep up?

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 0

RFgen

FEBRUARY 8, 2024

A more holistic view of the business helps align different departments and drive innovation. Establish Success Metrics: Define clear KPIs to evaluate the integration’s success, such as system performance, data accuracy, and process improvements, allowing for ongoing optimization.

Supply Chain Planning Software 52

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

QAD

AUGUST 26, 2021

Among other things, it takes best practices, simplified IT architecture, well trained teams and a proper IT investment – in other words, money, patience, planning and force of will. Custom solutions from open-source platforms, frameworks and application programming interfaces which afford organizations the means to build custom AI models.

Supply Chain Planning Software 98

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

Supply Chain Shaman

MAY 2, 2016

We also see that manufacturing companies with a strong dependency on BPO are less agile and rate themselves lower on innovation. In parallel, the traditional software vendors are struggling with the Innovators Dilemma. Open source needs maintenance. The fast lane to innovation is with new start-ups.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Analytics Software Supply Chain Software 150

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

CEVA Logistics actively reaches out to support social innovations and engage local communities. CEVA Logistics is taking a lead in the air cargo industry to reduce the logistics-related impact on the environment at the source by creating demand for more sustainable aviation fuel (SAF). Photo Credit: L’Oréal.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

GlobalTranz

SEPTEMBER 23, 2021

The forthcoming infrastructure bill may contain funds to help assist shipper needs, such as grants to increase the number of driver training facilities and kickbacks to carriers that implement added safety measures. As the industry evolves and innovations improve, OTR freight management technologies offer?? transportation metrics ?that

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

ToolsGroup

APRIL 27, 2022

Image source: APA. For example, as of March 2022, 81% of Americans say the supply chain is a significant source of stress. Image source. Image source: APA. The following experts share eight sources of stress at work. And plenty of us are feeling that stress at work. In…and out…there you go!)

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

Arena Solutions

OCTOBER 12, 2023

2 As the numbers indicate, there are plenty of business opportunities, market share, profit, and competition in developing complex, smart, innovative products. A QMS typically aligns with your product lifecycle management (PLM) solution and your product innovation goals. Cited Sources [link]. billion to $855.62 billion in 2023.

Quality 88

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 88

Supply Chain Shaman

SEPTEMBER 2, 2016

Pick five-to-seven balanced metrics and hold all functions accountable to these corporate metrics. I strongly believe that conventional training on historic functional processes is not sufficient. Driving the future requires innovation… Figure 4. Are you building next generation supply chain talent?

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

GlobalTranz

JUNE 15, 2017

When employees are trained to communicate with clients and team members without reserves, to avoid conflicts between professional activity and personal attitude, demonstrate professionalism in oppressive situations, this is integrity that leads to supply chain efficiency. The consequences are usually far-reaching. IT and technology literacy.

Buyer Training 210

Buyer Training Logistics Network Optimization Software Six Sigma Vendor Strategies 210

OptiProERP

FEBRUARY 8, 2024

As this innovative approach gains traction across various industries, the need for seamless integration with Enterprise Resource Planning (ERP) systems becomes increasingly evident. It typically employs wire as a material source, following a predetermined path to shape the desired form, often utilizing robotic welding equipment.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Design Software 52

Arena Solutions

JULY 27, 2021

PLM software brings the complete mechanical, electrical, and software design together into a single source of truth and enables product companies and their supply chain partners to streamline product development while driving continuous quality improvement. What’s Driving the Movement to Adopt PLM Software? Engineering Change Management.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Network Software 98

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. This does not come easily, and requires training. It combines decisions across sell, deliver, make and source processes to drive value based outcomes. Metrics Alignment. They lack cohesion. Understanding Planning.

Supply Chain Planning Software 281

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 281

ShipBob

SEPTEMBER 11, 2023

Having a single source of truth offers businesses an easy way to view how much inventory is coming in or going out, how many sales are being generated from each channel, and where any bottlenecks might be occurring. Training: Employees (everyone from sales teams to marketing personnel) need thorough training on the new system’s nuances.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Sourcing Strategies 52

Supply Chain Shaman

MARCH 20, 2016

Cloud and open source analytics are fueling new markets giving rise of new software providers in analytics with names like Board, Cloudera, EveryAngle, Enterra Solutions, FusionOps, Halo, Qlik, Spotfire, Transvoyant, Trifecta, and Trufa. There is a great need for improved supply chain analytics. New solutions offer great promise.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Analytics Software Analytics Supply Chain Planning Software 150

Precoro

MARCH 31, 2023

For example, Unilever, a consumer goods company, has a responsible sourcing policy that includes human rights due diligence and requires suppliers to adhere to its human rights principles. In 2022, Nestlé also announced an innovative plan to tackle child labor risks and implement other sustainable practices.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Supply Chain Shaman

JUNE 9, 2016

Today technologies allow the delivery on the promise, but ironically, as technology capabilities improve and innovation to create new solutions explodes, the ownership structure is becoming more conservative. We are just now starting to see innovation return to JDA and GXS assets under OpenText ownership. The Promise of Innovation.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply and Demand Modeling 150

Supply Chain Shaman

JUNE 29, 2015

In our research for the book Supply Chain Metrics That Matter , we find that this is the case for 90% of companies. It is analogous to athletic training. Over the last decade the average company has dramatically improved employee productivity, and driven reductions in cash-to-cash metrics. Supply chain capabilities disappoint.

Supply Chain Design Software 150

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software S&OP 150

Unleashed

MARCH 24, 2024

More satisfied workers can lead to greater business innovation and agility. Takt Time Takt time is a metric which measures how many units you will need to produce each day to meet customer demand, without overstocking or under delivering. To use just three examples: Improved lead times and quality control can lead to happier customers.

Six Sigma 52

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

Proxima

MAY 2, 2020

What innovative things can I do now to address my liquidity or profitability concerns with my partners? We get into endless debate about the distinct differences between SRM and SC&I (supplier collaboration and innovation). And, more specifically to this crisis: Can I shut down service if needed for the time being?

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Training Sourcing Strategies 52

Supply Chain Shaman

FEBRUARY 22, 2015

After, I explained this, I granted Peter permission for the council to use the Index (the use of the Supply Chain Insights content follows the principles of open source), I then said to Peter, “I am glad that you called. On March 16th-18th, I will be on a book tour in Europe discussing the concepts of Supply Chain Metrics that Matter.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Modeling Software 150

QAD

JUNE 22, 2023

It implemented QAD EQMS’ Document Control , Training Management , Non-conformance and Corrective Action (NCR/CAPA) and Layered Process Audits (Audit/LPA) and is preparing to add Advanced Product Quality Planning (APQP), Supplier Quality and other capabilities. The results have been transformational.

Quality 91

Quality Groups Supply Chain Planning Software Optimal Sourcing 91