Unleashed

OCTOBER 16, 2023

Every manufacturer knows the importance of raw materials – without them, there’s no final product. Raw material inventory management oversees the procurement, handling, and storage of raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Let’s dive in.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

GlobalTranz

MARCH 23, 2016

First and foremost, look to your people, the best resource you have. Developing Standard Work is one of the more difficult Lean Six Sigma disciplines; however, if efficiently developed, it should allow virtually anyone to perform the work without any variance in the desired output. Why are we doing this?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Professionals in this field often find themselves venturing into manufacturing, IT, technology, ERP systems, and even commercial roles. Eight core competencies stand out, encompassing crucial aspects of SCM.

Supply Chain Planning Software 71

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

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

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. In one article , Mr. Sorenson points out that IBP works better for small manufacturers than large ones. This will be done in a step-by-step manner.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

SCMDOJO

DECEMBER 18, 2023

In the world of manufacturing and maintenance, effective spare parts management is essential for maximizing equipment uptime and reducing costs. It’s a smart guarantee that the right parts are easy to get, making sure equipment doesn’t stay idle for long and costs stay low.

Inventory Reduction 63

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 63

synchrono

OCTOBER 18, 2016

Lean Manufacturing relies heavily on trusted relationships with suppliers and pre-negotiated terms of engagement. These reports give everyone in the supply chain information about how to focus their continuous improvement energies. Manufacturing operations utilizing Lean are increasingly implementing Pull systems with more suppliers.

Manufacturing Procurement 40

Manufacturing Procurement Agile and Lean Supply Chain Demand Planning Software Optimization Software 40

GlobalTranz

JULY 12, 2016

An effective measurement and reporting process can improve performance and provide warehouse cost savings. When managers fail to create an environment of open and clear communication, employee productivity suffers, resulting in high turnover and wasted resources. Implement a reward system for major victories.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

Logistics Bureau

NOVEMBER 16, 2020

While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality. That event was the global COVID-19 pandemic, which erupted during the first half of 2020.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

GlobalTranz

FEBRUARY 17, 2016

This will be a big achievement towards your mission of warehouse cost reductions. Using your Enterprise Resource Planning (ERP) cloud system to keep track of your inventory levels is the most straightforward way to prevent overstocking inventory and, as a result, reduce inventory cost.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Requis

NOVEMBER 18, 2020

Today, as the founder and managing partner of USM Supply Chain Consultants she has put her expertise in supply chain, procurement, finance and project management to work to help her clients achieve greater profitability. In the end-to-end supply chain there’s procurement, logistics, operations, and warehousing.

Optimal Sourcing 52

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

OptiProERP

MARCH 4, 2019

In our blog, “What is Intelligent ERP?” , we looked at the enablers of digital business: cloud, mobile technologies, analytics, the internet of things (IoT), big data, and machine learning, all leading to smart factories. Bar-code data on materials arriving can update the dataset before the purchase receipt has been processed.

Analytics Software 63

Analytics Software Material Savings Manufacturing Procurement Predictive Analytics Software 63

SCMDOJO

AUGUST 4, 2023

But times are changing, the use of reduce inventory offers more quality and useful performance metrics. The use of reduce inventory in production optimizes delays and reduces other associated costs. If your setup costs get spread over the run of a production, using reduce inventory would naturally lead to smaller setup cost.

Inventory Reduction 91

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 91

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 77

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 77

Unleashed

JULY 23, 2023

Key Performance Indicators (KPIs) help manufacturers determine operational strengths and flaws. By tracking the right manufacturing KPIs in your production operations you can accurately monitor performance to ensure the consistent and timely delivery of quality products. In this manufacturing KPIs guide What are KPIs in manufacturing?

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

GlobalTranz

MAY 6, 2015

There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success. Fully comply with generally accepted accounting principles (GAAP), external reporting regulations, and internal reporting requirements.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

SCMDOJO

MAY 18, 2023

They believed that physical presence in the office was essential for tasks such as planning, supplier communication, or key performance indicator reporting. In recent years, PSaaS has gained significant traction as organizations seek to streamline operations and optimize resource allocation.

Supply Chain Design Software 101

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 101

Arena Solutions

AUGUST 4, 2021

While QMS can be manual, quality management system software solutions are far more effective at eliminating silos, quality issues, and manufacturing mistakes by keeping dispersed teams on the same page at all times. Engineer and statistician William Deming successfully applied Shewhart’s methods to manufacturing during World War II.

Supply Chain Design Software 58

Supply Chain Design Software Supply Chain Planning Software Modeling Software Demand Planning Software 58

Unleashed

OCTOBER 4, 2021

Here we break down the inventory management strategies of seven successful manufacturers and retailers around the globe. Samsung’s inventory management strategy Samsung is one of the world’s largest manufacturers, meaning managing their inventory is an enormous and complex task. Gap’s inventory management strategy Gap Inc.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Inventory Management Software Waste Reduction 97

ThroughPut

MAY 23, 2019

The Automotive Industry is being disrupted on all sides and is upending the traditional models of vehicle manufacturing that have evolved over the past 120 years to dominate the world. Even Ford CEO Jim Hackett talks about auto manufacturers’ decades of proprietary consumer, vehicle and test data as a market differentiator.

Agile and Lean Supply Chain 40

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