Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. Kanban came from the same place as the wider principles of lean manufacturing: Toyota. The customer’s order is complete.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

Supply Chain Software 246

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

GlobalTranz

FEBRUARY 17, 2016

Forecasting Cost : Food, fashion, and retail all have seasonal turnover. In order to avoid excess inventory and keep your business lean, you must understand the pace of movement of each product. Overhead Cost : Warehouse Management Systems are expensive, and so are inventory managers. Source: [link]. Visuals help.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Let’s take a closer look at sourcing. The inadequacies of MRP is the genesis of the lean process of Plan for Every Part (PFEP).

Optimal Sourcing 173

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 173

IQMS

JANUARY 21, 2021

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. Reduce energy-related costs and drive down operating expenses by using more recyclable materials.

Manufacturing Procurement 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

Unleashed

AUGUST 20, 2023

For customers, it can mean the time it takes to receive an order after they have purchased it. For product sellers, it can refer to how long it takes to receive raw materials or bulk products after placing a purchase order with a supplier. There are many definitions for lead time in supply chain management.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path.

Supply Chain Planning Software 71

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

Supply Chain Movement

SEPTEMBER 26, 2016

Global P2P departments are still on the journey towards true touchless end-to-end purchase-to-pay function. Get experience on Lean and Six Sigma in indirect procurement. IKEA looking at Lean / Six Sigma for P2P indirect process. Organiser: marcus evans Conferences. URL: www.marcusevans-conferences-paneuropean.com.

Six Sigma 60

Six Sigma Conference Procurement Analytics Case Study 60

SYSPRO Smarter ERP

NOVEMBER 1, 2021

We live in a time where we can purchase almost anything with a click of a button. A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them. Transitioning to B2B e-Commerce.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software 111

EC Sourcing Group

OCTOBER 26, 2021

However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency. Cost reduction. Automation of the supply chain has resulted in resources (i.e.,

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 52

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Supply Chain Shaman

MAY 21, 2013

We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. We have used Lean process systems and swim-laned ourselves to death. The focus has been on sourcing and managed costs.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

Kinaxis

MARCH 6, 2018

Gagan was reporting to the CIO, and the board of directors recently mandated the company embark on a digital transformation journey. Any newer digital technology portfolios would be cloud-based and mobile, and where appropriate, open source. He was lean and fit, looked ten years younger and was in high spirits. The result?

Agile and Lean Supply Chain 149

Agile and Lean Supply Chain Supply Chain Planning Software Analytics Software Predictive Analytics Software 149

Supply Chain Game Changer

APRIL 21, 2020

A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! As we articulated in our article A Don’t Touch Strategy Will Dramatically Lean Out Your Supply Chain! You download their app, take the goods off the shelf as you need and as you leave the store your purchases are automatically billed to you.

Waste Reduction 91

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 91

Proxima

MARCH 16, 2020

As the world’s best procurement consultancy, we need to stand up, tell you what we know about keeping procurement functions, businesses and supply chains moving. Procurement can make an enormous difference now, and in turnaround. Procurement needs to stay on top to ensure there is no waste, and optimal returns.

Optimal Sourcing 64

Optimal Sourcing Waste Reduction Resource Reduction Modeling 64

BlueYonder

DECEMBER 22, 2020

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. A recent report by Morgan Stanley highlighted the growing importance of data, as well as the huge investments companies are making as a result. “In

Agile and Lean Supply Chain 94

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Supply Chain Software 94

ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Carriers Will Lower Rates But Keep Many Others.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

OptiProERP

MARCH 16, 2022

Without accurate forecasting, you are prone to extremes in supply purchases, which can affect relationships with your suppliers. With knowledge of lead times, procurement staff can choose vendors with the best pricing while ensuring orders are placed sufficiently in advance in order to avoid stock-outs. Drive Growth.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Optimal Sourcing Manufacturing Procurement 52

Supply Chain Matters

OCTOBER 7, 2022

Supply Chain Matters calls reader attention to a published report that indicates for one retailer, the sudden shift in consumer demand this year may not have been that sudden. We recommend that our readers have a view of this report.

Supply and Demand 52

Supply and Demand Inventory Reduction Demand Planning Software Price Reduction 52

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

A recent report The Fictiv 2021 State of Manufacturing report has shown that many companies are in the process of becoming more digitally proficient and organized. It ties into the ERP system where quotes and purchase orders are managed. IM&E companies need to start looking at digitizing operations. Operations.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Forecasting Software 115

Silvon Software

APRIL 18, 2024

Insights gleaned from robust data analytics enable core business areas to identify opportunities for risk reduction, enhance operational efficiencies, and foster strategic initiatives that drive business growth. Handling Variability : AI technologies, particularly machine learning models, can handle various data formats and structures.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Kinaxis

MARCH 6, 2018

Gagan was reporting to the CIO, and the board of directors recently mandated the company embark on a digital transformation journey. Any newer digital technology portfolios would be cloud-based and mobile, and where appropriate, open source. He was lean and fit, looked ten years younger and was in high spirits. The result?

Supply Chain Planning Software 111

Supply Chain Planning Software Agile and Lean Supply Chain Analytics Software Predictive Analytics Software 111

SYSPRO Smarter ERP

JULY 12, 2022

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Strategic sourcing with Cloud ERP.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 105

SCMDOJO

JANUARY 30, 2023

During her tenure as a supply chain professional, Barra has been credited with implementing a new global purchasing and supply chain system, which helped GM reduce costs and improve its supply chain operations. The Top 10 CEOs Who Have Worked As Supply Chain Professionals 1.

Supply Chain Design Software 119

Supply Chain Design Software Supply Chain Software Sourcing Strategies Agile and Lean Supply Chain 119

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. It is safe to say that if a warehouse operation is not implementing Lean, it is falling behind its competition.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

ThroughPut

MARCH 25, 2024

This practice has evolved significantly from its historical roots, largely a game of educated guesses, to today’s data-driven approach that harnesses the power of advanced analytics. Demand forecasting predicts future customer demand using historical data and market analysis. What are the Benefits of Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

GlobalTranz

JULY 12, 2016

An effective measurement and reporting process can improve performance and provide warehouse cost savings. manufacturer adopted a work measurement program to gauge and report warehouse performance at the employee level. The facility increased productivity by 10 percent and reduced labor costs by 11.3

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

GlobalTranz

JANUARY 4, 2016

Employ comprehensive solutions that support the entire source-to-settle process and create value for all parties involved in it. The system then alters a 3D screen image so that a user can virtually interact with the model, reaching into the design to toggle switches, press buttons and so on.”.

Supply Chain Design Software 120

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

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

Requis

MAY 22, 2020

He is a consultant to Fortune 500 companies and US federal agencies, and a speaker with focus on the fields of strategic sourcing, supply market intelligence, and supplier development. In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper. Analytics is key. I disagree.

Data 52

Data Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain 52

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Increasing Equipment Uptime.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

NC State SCRC

MARCH 9, 2016

An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

Infosys Supply Chain Management

JANUARY 18, 2018

It means lean team for support, no complex integrations for high volume transactions (Issues, Returns) with ERP System, faster implementations, less training and less licensing cost. As much Maximo has been famous for its WAM capabilities, it was also known for its limited Supply Chain capabilities especially till version 6 and 7.1.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain 0

ThroughPut

MAY 16, 2024

Powered by data analytics and advanced technologies, every stage of the supply chain can be critically analyzed, starting from procurement to distribution to identify and prioritize improvement opportunities. This opens up avenues to save procurement, transportation, inventory, and warehousing costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52