USC Consulting Group

MARCH 27, 2023

The industry is looking for ways to take the risk out of its supply chain, namely by reshoring or nearshoring supply to offset the worry about once-reliable sources. It’s also an unparalleled tool for inventory management, which is a tricky business today given supply chain shortages and changing consumer preferences.

Consumer Goods 40

Consumer Goods Manufacturing Procurement Six Sigma Purchasing Skills 40

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 71

ToolsGroup

AUGUST 8, 2019

A recent, typical job ad for a demand planner lists technical criteria including APICS and Six Sigma certification, alongside “negotiation, communications, and presentation skills”. . It used these categories to optimize inventory replenishment plans, raising service levels while reducing inventory costs by 18 percent. .

Negotiating Skills 185

Negotiating Skills Supply Chain Planning Software Supply Chain Software Modeling 185

Elementum

DECEMBER 14, 2023

Across industries, companies are embracing AI-powered tools to optimize workflows, reduce human error, and make data-driven decisions. Addressing these challenges may involve investing in training or working with vendors to ensure seamless integration of AI tools into the business environment.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

SCMDOJO

APRIL 4, 2023

In this article, we’ll delve into the benefits and challenges of this powerful tool, and discuss the architecture that’s necessary to successfully integrate it into your business. To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources.

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. Despite the destruction and disruption caused by the natural disaster, Toyota had established alternative sourcing options and backup production facilities, enabling it to resume operations swiftly.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

ToolsGroup

AUGUST 8, 2019

A recent, typical job ad for a demand planner lists technical criteria including APICS and Six Sigma certification, alongside “negotiation, communications, and presentation skills”. . It used these categories to optimize inventory replenishment plans, raising service levels while reducing inventory costs by 18 percent. .

Negotiating Skills 120

Negotiating Skills Supply Chain Planning Software Supply Chain Software Modeling 120

Supply Chain Opz

APRIL 1, 2018

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute procurement and sourcing strategy like the world's leading companies. #The links below are paid links. Best Logistics Books are as below: 1. Our Rating: 5 Stars 4. Who is it for?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

SCMDOJO

JUNE 21, 2023

It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. This partnership improves inventory management, particularly for medicines with limited shelf life, utilizing dedicated storage facilities.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 90

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain.

Negotiating Skills 98

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 98

Logistics Viewpoints

APRIL 29, 2021

AI-based tools add a layer of sophistication to orchestrate and dynamically allocate workers and work as needed to avoid bottlenecks. Inventory and Labor Planning. Ecommerce has thrust DCs into the limelight and elevated distribution as a source of potential competitive advantage, or disadvantage. The Transformation Imperative.

Optimal Sourcing 150

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

GlobalTranz

JULY 12, 2016

This is solved through best practices, efficient and proven strategy, proper measurement of your tools and people, and the use of effective technology which doesn't add bloat, but is an enablement tool to provide a tangible Return on Investment in the way of reduced time and costs. . Implement a reward system for major victories.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

GlobalTranz

MARCH 23, 2016

The focus is to eliminate all wastes in the organization, improve processes, solve root cause problems, create a pull environment, and ensure that Lean Six Sigma (LSS) works for quality and daily problem solving using DMAIC (Define, Measure, Analyze, Improve, and Control) and PDCA (Plan, Do, Check, and Act). Why are we doing this?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

SCMDOJO

JUNE 14, 2023

A 3PL offers a comprehensive range of services, including transportation, warehousing, distribution, and value-added solutions such as inventory management, packaging, and assembly. For example, it can be used for inventory management, order fulfillment, and product tracking tasks.

3PL 78

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 78

SCMDOJO

AUGUST 21, 2023

His content focuses on equipping aspiring professionals and existing practitioners with the necessary tools to excel in the supply chain industry. She has tiktok podcast on supply chain insights such as how supply chain touches all parts of business, our global suppluchain aty any given moment, and lets talk inventory.

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

Requis

NOVEMBER 18, 2020

Thanks to my background in finance and Six Sigma, I can start by asking what the baseline is, what is the agreed measurement of the baseline, and then we work towards improvement, and quantify again. When you were starting out, one of the few software tools available were SAP and Ariba. You build your supply chain based on that.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. The answer is that they use the multi-echelon inventory model to solve the problem.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Unleashed

MARCH 30, 2022

To do so, we determine our standard deviation, and then use Six Sigma methodology to turn those into upper and lower limits. Tip: In a spreadsheet or a tool using similar formulas, you can automate this by using AVERAGE and STDEV calculations to work out the mean and standard deviation. What is Six Sigma?

Manufacturing Procurement 98

Manufacturing Procurement Six Sigma Inventory Management Software Manufacturing 98

6 River Systems

FEBRUARY 22, 2019

Choose software that facilitates the valuation and control of permanent inventories based on inputs or outputs, with automated stock alerts, that is versatile and independent of the type of business. Define normal parameters and fine-tune the physical inventory system. Once the method is working, standardize it. Robin Schwartz, PHR.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Supply Chain Shaman

OCTOBER 7, 2012

For mature supply chain organizations, it is a natural extension of six sigma. Q: Is it only inventory disrupting the agility resulting from inaccurate forecasts by S&OP? In the supply chain, variability and volatility come from many sources. It requires design. Is it S&OP?

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

SCMDOJO

MAY 10, 2023

Read More: 6 ERP Implementation Failure Reasons ] Enterprise resource planning applications are the foundation of any data-driven company, but tools for data quality management, master data management, and data workflow can help you streamline your processes and manage your master data more effectively. What is Master Data Management (MDM)?

Optimal Sourcing 122

Optimal Sourcing Government Quality Supply Chain Design Software 122

SCMDOJO

APRIL 26, 2023

Category management may involve the splitting of products (goods or items) or services or may relate to the dissecting of products or services by value, supplier, type, or volume into various categories to allow for easy management and sourcing. Sourcing decisions also play a role in the categorization of items or services.

Procurement Solutions 77

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 77

Supply Chain Network

NOVEMBER 23, 2013

In addition to procuring and supporting hardware, software and cloud services for the company, Hinkle will also be managing and negotiating all licensing and handle the company’s inventory of hard and digital assets, including ensuring the viability of enterprise disaster recovery plans and capabilities.

Modeling Software 74

Modeling Software Supply Chain Network Software Logistics Network Optimization Software System 74

Kinaxis

AUGUST 28, 2017

Lean manufacturing and six sigma initiatives have significantly cut waste and inefficiency in the production process. A solution that supports all aerospace and defense specific planning parameters into demand, supply, inventory and capacity balancing. Inadequate tools for rate simulations. Product complexity.

Aerospace 179

Aerospace Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 179

Supply Chain Shaman

NOVEMBER 14, 2016

Inventory Turns. Better performance in inventory turns than the peer group average for the period studied. Orbit Chart of VTech for the Period of 2006-2015 at the Intersection of Operating Margin and Inventory Turns . We would sell a toolbox complete with tools. Higher percentage growth than the industry average.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Requis

SEPTEMBER 24, 2020

To me this feels like a white paper on competitive strategy about how supply chain is where you’re going to get the best source of differentiation, cost cutting and ultimately, improved thinking on product, sales and marking, HR, and everything else. I think we can write it together! Definitely that’s the point. Soft skills need to be taught.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Design Software Education Supply Chain Software 75

synchrono

JULY 8, 2015

For today’s manufacturer, the IIoT boils down to the ability to capture and connect data from multiple sources to attain truly meaningful information. We draw from various tools – Lean Manufacturing, Theory of Constraints and Six Sigma – to drive a demand-driven change. The Orbital ATK case study is a good example.)

Internet of things 53

Internet of things Supply Chain Planning Software Modeling Software Demand Planning Software 53

Arena Solutions

NOVEMBER 4, 2022

Angenette has more than 24 years of experience in quality assurance, quality control, Lean Six Sigma, and supply chain. And what that often means is finding a second source, finding other options, another alternative. Our final panelist is Angenette Nordqvist. She is the Director of Quality Assurance at SomaLogic.

Quality 52

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

Infosys Supply Chain Management

JUNE 25, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. The objective of all other improvement initiatives like TPM, RCM, Lean or even Six Sigma is to improve your system efficiency thereby increasing the throughput. Business Process Outsourcing. Customer Service.

Supply Chain Planning Software 22

Supply Chain Planning Software Sourcing Strategies Resource Reduction Optimal Sourcing 22

6 River Systems

JUNE 26, 2020

“They have multi-sourced key commodities or strategic components to reduce their reliance on any one supplier, and they had considered inventory strategy to buffer against supply chain disruption.” The best way to address unforeseen delays (such as we have seen with the pandemic) is to ensure that you have buffer inventory.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 98

ThroughPut

MAY 23, 2019

For example, certain business concepts have been around so long and are captured in such well-known, catch-all phrases, like the ever-present, all-encompassing “Supply Chain” or “Six Sigma”, that they seem to lose their relevance in everyday business, such as automotive. Where can you free up more working capital from inventory?

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Automotive 40

ThroughPut

MARCH 10, 2020

We hope that ThroughPut’s platform ELI can one day be accessible to every operations team in the world to democratize the Just-In-Time culture, reduce excess inventory, and eliminate waste across global supply chains.” SOURCE ThroughPut Inc. With Industry 4.0 Contact: Tina Jacobs +1 215-606-8552 Marketing@ThroughPut.ai

Just-in-Time 40

Just-in-Time Supply Chain Design Software Agile and Lean Supply Chain Analytics Software 40