OptiProERP

SEPTEMBER 22, 2022

The manufacturing cost is the sum cost of all resources used in procuring raw materials and converting those raw materials into finished products. How Can You Reduce Manufacturing Costs? Step 2 – Track Production Costs Carefully. Once the costs have been identified, it is important to track them carefully.

Cost Reduction Strategies 52

Cost Reduction Strategies Waste Reduction Expense Reduction Vendor Strategies 52

Supply Chain Shaman

OCTOBER 8, 2019

The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. There are many reasons why the budget cannot be used as a supply chain forecast. Instead, it should be mapped as an input to track supply chain forecasting to financial budgets for reporting and insights. Background. The takeaway?

Supply Chain Design Software 186

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 186

ThroughPut

FEBRUARY 23, 2024

Even as some supply chains are struggling to harness the power of AI for multiple reasons , some others are already setting great examples. We’ve seen the top use cases for AI emerge from our own work at ThroughPut and here are a number of them. You can identify near-term market shifts with greater precision.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Unleashed

AUGUST 11, 2020

This is particularly true in the food manufacturing industry, which characteristically has a high volume of products stored, and an urgent need to fill existing client orders to match ongoing consumer demand. The right software will also improve operational processes, boost warehouse efficiency and reduce waste.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

Unleashed

DECEMBER 5, 2023

Goods are being produced, procured, and delivered more efficiently with reduced costs. The global AI software market is expected to increase to USD 126 billion by 2025 , according to data from Statista. Start with what you have—smaller use cases like content creation or SEO. These examples are just the tip of the iceberg.

Inventory Management Software 52

Inventory Management Software Predictive Analytics Software Supply Chain Design Software Demand Planning Software 52

Unleashed

FEBRUARY 8, 2023

James Ewing: Procurement Manager at Renewable Parts Ltd. As Tim Wright explains, production needs to be productive. Review how you manufacture things,” Tim says. If you know you’re going to have an issue, plan around that. Up-to-date cloud-based apps help you plan forward,” Lauren says.

Manufacturing Procurement 98

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

Logistics Bureau

NOVEMBER 16, 2020

So, you are thinking about a career in supply chain? You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

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

ThroughPut

APRIL 21, 2022

Here are our top nine. It does not help you manage real-time changes on the shop floor. You don’t need fancy S&OP systems; spreadsheets are just as good to do the job. More importantly, they are cheap and effective – what more could you ask for? Just configure the software and you’re ready to go.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning S&OP Modeling 52

GlobalTranz

JANUARY 4, 2016

We have already covered the top 6 trends for 2016 in manufacturing. So, we must put a note on these technological trends: make sure you are looking at your processes and your people. Do you have the most efficient process that you can then scale with technology and automation? Do you have the right people in place?

Supply Chain Design Software 120

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

Supply Chain Game Changer

NOVEMBER 8, 2018

Check out Do you have a Freight Management Strategy or are you Spinning your Wheels? From a customer perspective they would get typically 5-15% cost savings on their current freight rates across the various modes and lanes which they used. In our experience we found a number of reasons which held these companies back.

Transportation Management 43

Transportation Management Optimization Software Negotiating Skills Optimal Sourcing 43

Taulia

DECEMBER 17, 2021

All too often, the activities of a company’s accounts payable (AP) department are not seen as processes that can be readily quantified, tracked or optimized. Why should you track accounts payable metrics? The good news is that there are many ways that you can improve AP processes and drive greater automation.

Metrics 98

Metrics Optimal Sourcing Optimization Software Analytics Software 98

Requis

FEBRUARY 19, 2021

Knut Alicke was helping to build digital control towers before most people had ever heard of them, and today advises the world’s top companies about supply chain. You can listen to the audio podcast below, or watch the video version on YouTube. ?. I’d like to begin by asking: Knut Alicke, who are you?

Predictive Analytics 52

Predictive Analytics Predictive Analytics Software Analytics Software Supply Chain Planning Software 52

ThroughPut

MAY 20, 2019

facilitate, we will share 7 of the top myths about industrial data and provide real solutions around them. Thus, we have provided a link after myth #7, and hope to hear from you! Here are our top picks: Myth #1. This seems to be the #1 opt-out reason from Digital Innovation groups. We don’t have data. Absolutely not true.

Analytics Software 45

Analytics Software Data Industrial Industry 45

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Are our business needs met?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

ThroughPut

JUNE 3, 2019

Whether it is access to data, maneuvering around competing innovation objectives, tracking down actual factory-floor operators, or involving oft-neglected procurement groups, there are internal bottlenecks everywhere. Operations Technology (OT), however, control or direct some 70% of the overall IT budget.

Groups 60

Groups Innovation Supply Chain Planning Software Optimal Sourcing 60

Precoro

JUNE 7, 2023

The main goal of the month-end process is to set the balance numbers in stone so that no changes will be needed in the future. By conducting monthly check-ups, companies keep track of their financial health and can make informed business decisions. Also, review accounts payable to check if you are paying all the invoices on time.

Procurement Solutions 98

Procurement Solutions Purchasing Skills Procurement Analytics Optimal Sourcing 98

EazyStock

MARCH 4, 2021

This is so you can monitor their demand more closely and come up with strategies to reduce stock levels before the items become obsolete and have no demand. Until now you may have only used simple moving averages to calculate demand based on a certain number of stock days. Accurate demand forecasting is therefore critical.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Optimization Software Price Mitigation Strategies 59

ShipBob

AUGUST 30, 2021

If you can’t measure something, how can you improve it? From how quickly you can fulfill orders to how cost-efficient your logistics operations are, supply chain efficiency is a crucial part of growing a sustainable online business. What is supply chain analytics software? What are supply chain analytics?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Unleashed

NOVEMBER 26, 2023

Unleashed software is an inventory management system that helps businesses be more efficient in their daily operations. Unleashed empowers you to sell more products while reducing costs and eliminating waste across the business. What is Unleashed software? Unleashed was acquired in 2020 by UK software firm, The Access Group.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

Unleashed

APRIL 12, 2023

B2B procurement contracts can last for prolonged periods and be worth millions of dollars. B2B fulfillment offers product pricing based on the needs and requirements of the purchasing business. SKUs or barcodes are used in the receiving process for optimal inventory control through easy tracking, storage, and retrieval.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Design Software Supply Chain Software 52

Arena Solutions

MARCH 8, 2024

As a reminder for those joining us live for this event, you can ask your questions at any time by typing them into the platform. If you are watching our event as a recording, you’ll see more resources at the end of this event along with ways that you can contact us for more information. Varena Junge Sure.

Material Savings 52

Material Savings Resource Reduction Supply Chain Design Software Manufacturing Procurement 52

6 River Systems

DECEMBER 13, 2019

Of course, warehouse optimization isn’t something you do just once; it’s an ongoing process, and a complex one at that. Design a floor plan that meets your needs now and also allows for growth. Once you reclaim your floor space, go vertical for increased storage density.” You start to store stuff in aisles.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

Supply Chain Game Changer

AUGUST 20, 2019

What You Need to Know! As you are developing your Digital Supply Chain strategies it is important to understand, consider, and account for the inevitable problems and obstacles that will test your resolve and your leadership. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Digital Supply Chain (SC 4.0)

Supply Chain Planning Software 58

Supply Chain Planning Software Analytics Software Optimization Software Logistics Network Optimization Software 58

Shipchain

JUNE 27, 2019

Dear Community, It has been a few months since our last update, and we wanted to let you know a Dispatch is coming within the next few weeks. Can you share some feedback outside companies had on the recent webinar? CHALLENGES: What challenges are you and your team facing while implementing growth and industry adoption?

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Predictive Analytics Software 48

6 River Systems

NOVEMBER 25, 2020

Once you’re able to systemize the process, which means each component is well-defined and could be transported to new locations without causing disruption, then you have implemented a great logistics strategy that won’t cause any business continuity issues. Jason Akatiff @smaxor Jason Akatiff is the Co-Founder of Boundery.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Waste Reduction Resource Reduction 52

6 River Systems

JUNE 29, 2020

Warehouse managers face numerous challenges, as well, such as the need to keep goods flowing in and out of the facility while enabling associates to practice social distancing measures. For example: Does it have a strong track record for meeting contractual obligations? Apply a supply chain stress test. EY; Twitter: @EYnews 6.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

6 River Systems

JULY 25, 2019

Effective supply chain management offers numerous benefits for companies, so overcoming challenges to keep things running smoothly is a top priority for supply chain professionals. Therefore, better network design, planning and operations are all needed, and all of which might not be completely satisfactory.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

FLEXE

DECEMBER 11, 2016

I’m Nerijus Poskus — Director of Pricing and Procurement at Flexport. So software allows us to be more competitive, more predictable. So if you think about, along every step of the way, how can we use technology to make it better? And you know, we can get into the details of how it works. Transcript.

Modeling Software 31

Modeling Software Logistics Network Optimization Software Supply Chain Design Software Predictive Analytics Software 31

ShipBob

DECEMBER 12, 2022

Without it, you will not have an accurate sense of your expenses, revenue, and ultimately bottom line, so it is crucial that retailers both understand COGS and know how to use it in their own calculations. COGS is one of the most versatile and informative metrics that your business can track. What is cost of goods sold?

Purchasing Skills 52

Purchasing Skills Procurement Analytics Procurement Solutions Manufacturing Procurement 52

Vinculum

JUNE 15, 2020

Traditionally warehouse was mainly thought as a storage location where items were procured from manufacturer and supplied to retail stores (mainly bulk operation) as end customer buy from stores. Top warehousing markets in India witness a growth of 77% year -on -year in leasing in April 2018 – March 2019. during 2019-2024.

Warehousing 52

Warehousing Inventory Reduction Cost Reduction Strategies Resource Reduction 52

6 River Systems

JUNE 10, 2019

To help you determine what tactics, processes, technologies and practices are a must-have in a winning supply chain strategy, we reached out to a panel of supply chain professionals and asked them to answer this question: “What’s the single most effective way to create a winning supply chain strategy?

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

Logistics Bureau

APRIL 25, 2022

What are the essential skills you need to possess or develop if you want to become one of tomorrow’s supply chain leaders? Is it enough to have a business-related degree and a little supply chain experience, or is supply chain leadership a vocation for which you must work hard to acquire specific qualities?

Negotiating Skills 88

Negotiating Skills Buyer Training Supply Chain Planning Software Pricing Training 88

Logistics Bureau

NOVEMBER 30, 2016

What are the important skills you need either to possess or develop if you want to become one of tomorrow’s supply chain leaders? Is it enough to have a business-related degree and a little supply chain experience, or is supply chain leadership something that you must work hard to acquire specific qualities for?

Negotiating Skills 40

Negotiating Skills Buyer Training Supply Chain Planning Software Supply Chain Software 40