Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. It refers to the process of purchasing, storing, and tracking the various goods required to build a product. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Supply Chain Shaman

NOVEMBER 15, 2023

Why It Matters Q3 earnings reports continue to make headline news. FactSet reports that 66% of companies in Q3 2023 beat revenue guidance. PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results. This is his world.

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

SYSPRO Smarter ERP

FEBRUARY 23, 2022

Those manufacturers who are still using legacy or customized computer systems will find it difficult to make the necessary changes. Integration of design and manufacturing. Many manufacturers use a CAD/CAM system for design and engineering control. Quality management. Traceability. Inventory and logistics management.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Modeling Software 105

Unleashed

AUGUST 3, 2021

Here we provide an overview of the latest pet food industry trends, and answer the question: how can pet food manufacturers respond to changes in consumer demands to take advantage of these new trends? manufacturing had seen five years of consistent growth. manufactured?pet purchase in bulk, hoarding quantities?of

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. The result was restatement.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

Supply Chain Shaman

APRIL 18, 2023

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Build in-market sourcing. The ride is uphill, but the visibility is low. What is normalcy? Shift in cycles.

Supply Chain Planning Software 374

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

Unleashed

NOVEMBER 10, 2021

UK electronics manufacturers have seen a sales revenue lift of 30% in 2021 vs 2020, outpacing the average performance of manufacturers of 24%, according to data from a soon-to-be released Unleashed State of Manufacturing report. The report analyses over 79,000 data points from UK manufacturers that use Unleashed software.

Manufacturing Procurement 98

Manufacturing Procurement Electronics Manufacturing Inventory Management Software 98

Supply Chain Matters

DECEMBER 4, 2023

Supply Chain Matters provides a further global supply chain assessment in the highlights and added insights on reported November 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. reported in October.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Logistics Viewpoints

OCTOBER 20, 2021

In our conversation, Ken spoke about some of the findings from a recent survey Logistyx conducted on cross-border holiday spending, as well as some larger trends around the state of parcel shipping. Fourth, what are some industry-specific trends for parcel shipping? The State of Parcel Shipping. The Holiday Season.

Supply Chain Network Software 191

Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software Supply Chain Software 191

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. With companies producing more and more products worldwide, the issue of keeping track of enormous amounts of parts and materials used in the manufacturing process has grown increasingly complex.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

AFFLINK

AUGUST 17, 2022

Automation in manufacturing can help be the driving force to lift some of the burden felt by many distributors across the globe. According to a recent report by Instawork, 60% of industrial businesses struggled to keep up with increased demand last year. Over the last 12 months, 58% reported additional demand increases.

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Software Optimal Sourcing Demand Planning Software 62

OptiProERP

MARCH 15, 2022

Before getting into production scheduling and how it helps manufacturers, let’s have a quick look at the functions of the production department in a manufacturing organization. Components of Production Scheduling in Manufacturing. It determines how manufacturers will meet product requirements. Dispatching. Reduced Costs.

Manufacturing Procurement 78

Manufacturing Procurement Optimal Sourcing Material Savings Resource Reduction 78

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. In addition, customers are continuing to demand lower prices and free shipping.

Manufacturing Procurement 205

Manufacturing Procurement Manufacturing Procurement Analytics Price Reduction 205

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What are its advantages and disadvantages?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

OptiProERP

JANUARY 17, 2023

Manufacturers need specific functionality to run their businesses effectively. Let’s examine what ERP functionality is critical for discrete manufacturers. If you don’t, you could miss shipping deadlines, which would impact your customers and your reputation. Inventory Management. Supply Chain Management.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Manufacturing Negotiating Skills 52

QAD

JULY 1, 2021

What are Total Manufacturing Costs? Your total manufacturing costs are essentially an expense analysis that calculates how each of your company’s departments contributed to producing a finalized product. This looks at all stages of the manufacturing process from raw materials to work-in-progress to final result.

Manufacturing Procurement 89

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 89

The Logistics & Supply Chain Management Society

APRIL 26, 2022

by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

Supply Chain Shaman

SEPTEMBER 27, 2021

Today, more than 1% of the world’s container ships are stuck off major ports. Warehouses are full–often with the wrong stuff resulting in the slowing of the forty million shipping containers around the world. I volunteered to write a report on supply visibility. We never published the report. Reflection.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

Unleashed

FEBRUARY 8, 2023

Product businesses are holding more stock than ever before, creating new cash flow problems for manufacturers. James Ewing: Procurement Manager at Renewable Parts Ltd. Tim Wright: Founder of two medical equipment manufacturing companies and currently MD of Langcroft Consultancy – specialists in digital transformation.

Manufacturing Procurement 98

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

GlobalTranz

DECEMBER 18, 2014

All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. Now is the Time for Manufacturing to Look at Logistics Efficiency. The keyword here is fast.

Manufacturing Procurement 236

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 236

Logistics Viewpoints

FEBRUARY 2, 2024

Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. Teradyne , a supplier of semiconductor testing equipment, pulled manufacturing worth about $1 billion out of China last year, a Teradyne spokesperson said on Monday, after U.S. And now on to this week’s logistics news.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

Unleashed

AUGUST 31, 2020

To calculate total manufacturing cost you add together three different cost categories: the costs of direct materials, direct labour and manufacturing overheads. Expressed as a formula, that’s: Total manufacturing cost = Direct materials + Direct labour + Manufacturing overheads. What are total manufacturing costs?

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills Cost Reduction Strategies Manufacturing 98

RFgen

SEPTEMBER 15, 2022

Digital automation remains one of the hottest topics among manufacturing executives, plant managers, industry operation professionals and finance stakeholders. Our 2022 Digital Inventory Report captured key decision makers’ mindsets, challenges, and planning initiatives as it relates to digital automation technologies.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Software Optimal Sourcing Manufacturing 52

GlobalTranz

NOVEMBER 9, 2016

Spending has increased by $2 billion annually, and projections indicate spending rates will increase in 2018 to $3 billion annually, reports Business Insider. Furthermore, the IoT is directly linked to better risk management programs in manufacturing too, explains Industry Week. 2016 - $7 billion. Supply Chain Management.

Internet of things 246

Internet of things Manufacturing Procurement Supply Chain Software Logistics Network Optimization Software 246

QAD

FEBRUARY 9, 2022

Remaining competitive is a top priority for any manufacturing operation. One such trend in the manufacturing industry is the use of lean manufacturing principles that help companies clean up inefficiencies and work smarter. Learn more about what lean manufacturing is and the five principles helping manufacturers get ahead.

Manufacturing Procurement 52

Manufacturing Procurement Agile and Lean Supply Chain Lean Manufacturing 52

Synovos

JANUARY 24, 2024

By joining their network, RS Integrated Supply is able to connect with more than 500 procurement professionals, improving its supplier diversity. RS Integrated Supply was introduced by RS Group in 2022 after combining Synovos and IESA, two procurement and supply chain management companies. million customers. Interested in our services?

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Purchasing Skills Optimal Sourcing 105

Supply Chain Matters

MARCH 29, 2022

The Supply Chain Matters blog highlights this week’s announcement from athletic footwear designer and manufacturer New Balance of the grand opening of this company’s fifth production facility in North America. In a published Supply Chain Matters at the time , we pointed out that despite knowledge that manufacturing shoes in the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing Strategies Expense Reduction 52

Locus Robotics

MARCH 9, 2023

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. In some settings, IoT devices can detect defects and notify staff of quality control issues.

Supply Chain Software 52

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

Freightos

APRIL 25, 2024

e-commerce customers’ love for free shipping. ‘de minimis’ rule, which exempts imports under $800 from customs and makes brokerage fees minimal, they have shipped massive volumes via air cargo. Source: Freightos Air Index The Commercial and Ethical Impact Beyond the underlying costs, U.S. Utilizing the U.S.

Cargo 165

Cargo Cost Reduction Strategies Price Reduction Material Savings 165

OptiProERP

APRIL 9, 2024

Collaboration between production, procurement, and logistics teams is essential to optimize resource utilization and minimize lead times. Manufacturing and Assembly The heart of the process lies in manufacturing and assembly. Shipping and Logistics Once products pass quality checks, they are prepared for shipping.

Optimal Sourcing 52

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

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics. Purchased parts and similar items.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 120

USC Consulting Group

MARCH 27, 2023

What’s on the road ahead for consumer goods manufacturing? Here are some trends affecting the consumer goods manufacturing industry today: Consumer Goods Manufacturing Trends Challenges remain on the road ahead, but the ride is getting smoother. Supply chain woes. Geopolitical instability. No, it’s not over yet.

Consumer Goods 40

Consumer Goods Manufacturing Procurement Six Sigma Purchasing Skills 40

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Enterra Insights

APRIL 27, 2021

1] One of those “future shocks” occurred when the Suez Canal was blocked for days by a grounded container ship — the Ever Given. Journalists Costas Paris ( @CostasParis ), Parmy Olson ( @parmy ), and Sarah McFarlane ( @sarah_mcfarlane ) reported, “Some 19,000 vessels crossed the Suez in 2020.”[2]

Sourcing Strategies 130

Sourcing Strategies Manufacturing Procurement Sourcing Agile and Lean Supply Chain 130

OptiProERP

APRIL 17, 2022

The shop floor is the cornerstone of the manufacturing process. In this blog, you will learn how a Manufacturing Execution System (MES), also known as a Shop Floor Execution System (SFES), embedded in an ERP (Enterprise Resource Planning) system transformed an industrial machinery manufacturer’s shop floor to help grow their business.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Manufacturing Demand Planning Software 52

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

are reporting that they are being inundated with requests from importers seeking to use provisions such as the “321 de minimis” rule, which allows goods worth less than $800 to be shipped to the U.S. Alternatively, you may want to relocate – totally or in part – where your product is manufactured. This practice is illegal.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

IQMS

MARCH 27, 2020

The COVID-19 pandemic has pushed manufacturers to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supply chains. In the process, it has highlighted an aspect of manufacturing ERP that is not as visible in more normal times— business continuity.

Manufacturing Procurement 64

Manufacturing Procurement Manufacturing Supply Chain Planning Software Demand Planning Software 64