SYSPRO Smarter ERP

JANUARY 29, 2024

Industry 4.0 and Artificial Intelligence Industry 4.0 what used to be called the Fourth Industrial Revolution or 4IR) has been around since 2011. It involves the integration of digital technologies into manufacturing and industrial processes that can communicate, analyse, and act upon information. Industry 4.0

Manufacturing Procurement 52

Manufacturing Procurement Trends Manufacturing Inventory Management Software 52

USC Consulting Group

JUNE 19, 2023

The material handling industry is the backbone of globalized supply chains. According to the 2023 MHI Annual Industry Report , 74% of supply chain leaders are increasing technology spending. 3: Controlling emissions Carbon emissions are a huge problem for major industries, and material handling is no exception.

Material Savings 40

Material Savings Optimal Sourcing Supply Chain Software Supply Chain Planning Software 40

Talking Logistics

APRIL 16, 2015

Inventory optimization has always been a challenge while designing and planning a supply chain. A variety of barriers can impact an effective inventory strategy, such as working in functional silos and demand/supplier volatility¹. Asking the Right Inventory Questions. Where and in What Form Should Inventory Be Held?

Inventory Reduction 100

Inventory Reduction Material Savings Cost Reduction Strategies Price Mitigation Strategies 100

SCMDOJO

JULY 29, 2022

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. Boston Munich: Pearson, 2011.

Sourcing Strategies 103

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 103

Infosys Supply Chain Management

NOVEMBER 1, 2011

Industries. Industries. Industrial Manufacturing. Publishing Resources Industries. « Will "Profitable To Promise" be Viable In Retail Industry ?? The state of product demand planning and inventory management among retailers becoming more advanced. Contact Us. Newsroom Investors Careers. Infosys Labs.

Eliminating Excel in Purchasing 30

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply and Demand 30

Supply Chain Matters

SEPTEMBER 23, 2022

In recent Supply Chain Matters commentaries focused on automotive industry supply networks, we have focused on how the ongoing global wide shortage of semiconductor logic devices continues to provide noteworthy manufacturing, supply chain as well as financial impacts. Broader Industry Perspectives. Background.

Cost Reduction Strategies 59

Cost Reduction Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Planning Software 59

Infosys Supply Chain Management

DECEMBER 29, 2011

Industries. Industries. Industrial Manufacturing. Publishing Resources Industries. » The Real Headline for the 2011 Holiday Buying Season- Need for Balancing Retailer Online and Fulfillment Process Investments. Contact Us. Newsroom Investors Careers. Infosys Labs. Aerospace and Defense. Automotive.

Manufacturing Procurement 29

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 29

Supply Chain Network

JUNE 7, 2011

(NYSE: N), the industry’s leading provider of cloud-based financials / ERP software suites, today (June 7th) announced that the company has extended its cloud -based business management suite with new demand planning features. allowing companies to tightly align sales forecasts with inventory replenishment plans.

Supply and Demand 110

Supply and Demand Inventory Management Software Demand Planning Supply Chain Planning Software 110

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Foster future economic growth within the freight and goods movement industry. Source: Commerce Dept. View full report.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

ToolsGroup

DECEMBER 4, 2018

For instance, The Economist reports that between 2011 and 2015 the largest 25 food and beverage incumbents accounted for nearly half (45%) of total industry revenue, but smaller companies drove nearly all (97%) of market growth. Direct-to-Consumer represents a small slice of the consumer goods pie, but it is growing rapidly.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 159

Supply Chain Shaman

FEBRUARY 13, 2013

We waded through spreadsheet after spreadsheet of data for the last three weeks and contrasted the progress of the high-tech, consumer products, food, pharmaceutical and industrial industries. The rest of the industries are either stuck or moving backwards. In 2011, Colgate had revenues of $16.7

Pharmaceutical 228

Pharmaceutical Inventory Reduction Cost Reduction Strategies United States 228

Supply Chain Game Changer

SEPTEMBER 29, 2022

How Cold Chain Differs Between the Food and Pharmaceutical Industries! Consequently, you can minimize inventory costs and capital expenditure (CAPEX) since you won’t need storage for products. It’s Helping The Pharmaceutical Industry Thrive. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Transportation 97

Transportation Pharmaceutical Australia Agile and Lean Supply Chain 97

QAD

OCTOBER 26, 2023

For example, when Dollar Shave Club began its monthly subscription service in April 2011, it wasn’t widely anticipated that the company would be real competition to established brands in the industry. How will you make sure that unused returns go back into inventory instead of being scrapped? How will returns be handled?

Supply Chain Disruption 94

Supply Chain Disruption Supply Chain Software Supply Chain Strategy Modeling 94

Enterra Insights

NOVEMBER 20, 2019

Back in 2011, supply chain analyst Trevor Miles ( @milesahead ) noted there is a similar sounding word supply chain managers should associate with VUCA. Industry analysts believe it’s the proactive companies that adapt in order to beat these disruptions that will come out ahead in the end.” ” Those criteria are: 1.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Global Supply and Demand 100

MIT Supply Chain

MARCH 15, 2021

The global shortage of semiconductor chips that is disrupting supply chains in the automotive and consumer electronics industries is forcing chipmakers to decide which customers’ orders to fulfill when product is in short supply. For example, General Motors scrambled to find scarce materials in 2011 after a trifecta of disasters?—?an

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Material Savings Supply and Demand 52

FLEXE

SEPTEMBER 25, 2018

</p> <p>Watch this 30-minute webinar, “Give Customers What They Want this Holiday Season: How to Optimize Inventory Management for Faster Delivery” to hear from the experts: FLEXE VP of Operations, Megan Evert, and Shippo Director of Business Development, Richard Garcia.</p> </p>

Inventory Management 28

Inventory Management Supply Chain Optimization Inventory Price Mitigation Strategies 28

The Logistics & Supply Chain Management Society

JULY 16, 2023

For instance, during the 2011 earthquake and tsunami in Japan, Toyota’s robust supply chain resilience allowed it to quickly recover and restore operations. These technologies have the potential to automate processes, improve forecasting accuracy, optimize inventory management, and enhance decision-making capabilities.

Agile and Lean Supply Chain 130

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

Supply Chain Shaman

MARCH 3, 2013

It was called multi-enterprise inventory optimization. In the beginning, the inventory management solutions of LogicTools , Optiant and SmartOps pushed to take operations research to a new level through supply chain optimization. SAP released an S&OP solution using HANA in 2011. They knew little about the software market.

Supply Chain Planning Software 212

Supply Chain Planning Software Modeling Optimization Software SAP 212

QAD

JUNE 8, 2021

The Guardian stated : “The technology industry faces a growing shortage of semiconductors and other high-tech components following a failure to invest in new manufacturing facilities during the recession, experts have warned.” This quote is actually from an article published in July 2011. In addition to 6.2.1.7,

Supply Chain Software 97

Supply Chain Software Automotive Demand Planning Software Forecasting Software 97

Supply Chain Shaman

JANUARY 14, 2013

The consolidation of this industry has served the technology providers well, but has largely stymied innovation. ERP is valuable to improve transactional accuracy, but I can find no evidence that investments in ERP have reduced inventory or improved cash-to-cash cycles. Multi-tier inventory optimization was a fad in the last decade.

Supply Chain Planning Software 259

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 259

Supply Chain Matters

FEBRUARY 20, 2024

As noted in our recent Supply Chain Matters update , FAA Administrator Mike Whittaker has indicated in industry media interviews that: “ We’re (FAA) shifting from more than an audit approach to a direct inspection approach.” Some industry experts point to such facilities as “ the hidden factories.”

Supply Chain Network Software 52

Supply Chain Network Software System Sourcing Strategies Resource Reduction 52

Supply Chain Shaman

FEBRUARY 18, 2013

Pharmaceutical companies are struggling with falling margins and rising inventories. In our work with pharmaceutical companies, most executives wince when we mention inventories. However, most do not realize that the Days of Inventory for the industry has grown 33%. It is rising inventory levels. What Can We Do?

Pharmaceutical 167

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 167

Supply Chain Shaman

OCTOBER 20, 2012

Here is the list: Supply chain technology implementations have reduced inventory. Seemingly, most supply chain leaders that are reading the press, or going to industry conferences, would believe that all four statements are true. Here they are: The Lie of Inventory Reduction. Other industry groups did not. The reason?

Inventory Reduction 261

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 261

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. In 2011, Yannis Skoufalos became the Global Product Supply Officer at Procter & Gamble. Discontinued in 2011. I thought that the industry averages were fairly constant. Was this by design?

Procurement Analytics 332

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 332

ToolsGroup

MAY 13, 2019

Barton succeeds Patrick Smith, who served as managing director for North America from 2011 to February 2019. ToolsGroup helps companies like Absolut, American Tire Distributors, Harley Davidson, Lennox and Thule profitably balance service and inventory despite increasing demand uncertainty. Media Contact.

North America 48

North America ToolsGroup America Supply Chain Planning Software 48

Talking Logistics

MARCH 23, 2015

And last week, IBM and Twitter announced “the availability of industry-first cloud data services that allow business professionals and developers to extract actionable business insights from Twitter data.” IBM found that Twitter is a valuable indicator of demand for the apparel industry and other manufacturers.

Supply Chain Software 100

Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software Supply Chain Strategy 100

Supply Chain Movement

JANUARY 7, 2013

The Consumer Packaged Goods (CPG) industry faced another year of challenges from economic turbulence and weak consumer confidence in 2011. Innovation in CPG is impressive, with new products accounting for one third of all items in 2011. New Products. Shorter PLC. Forecasting errors. SKU rationalization.

Forecasting 68

Forecasting Benchmarking Forecasting Software Study 68

Talking Logistics

OCTOBER 6, 2014

For most 3PLs, their customers — across a variety of industries — are growing their presence in Mexico, either manufacturing there or growing their supplier base there, so 3PLs need to align their services and capabilities accordingly to the changing supply chain networks of their customers.

Mexico 183

Mexico Third Party Logistics Cost Reduction Strategies Inventory Reduction 183

Supply Chain Shaman

JULY 3, 2015

Inventory Turns (15%) (based on 2014 results). Opinion makes up 50% of the rating; and in the ranking system, company comparisons are against each other with little consideration of industry drivers. And, unfortunately, there is no good measure for customer service for the industry to use in a ranking system.).

Gartner 150

Gartner Supply Chain Software Demand Planning Software Modeling Software 150

Material Handling & Logistics

APRIL 2, 2018

Inputs, expressed as supplier deliveries, inventories and imports, were negatively impacted by weather conditions; Asian holidays; lead time extensions; steel and aluminum disruptions across many industries; supplier labor issues; and transportation difficulties due to driver and equipment shortages.

Manufacturing Procurement 57

Manufacturing Procurement Chemicals Currency Electronics 57

Logility

FEBRUARY 20, 2012

Better demand planning and multi-echelon inventory optimization (MEIO). From a demand planning perspective, companies that do a better job forecasting demand tend to enjoy advantages like: 15% lower inventory levels. During a short product lifecycle, too much inventory creates excessive discounting, obsolescence and write-offs.

Optimal Sourcing 100

Optimal Sourcing Modeling Forecasting Supply and Demand 100

Supply Chain Shaman

MARCH 8, 2016

In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The adoption of Terra’s products were brisk until 2011, but during 2012-2014 sales softened, resulting in employee layoffs and downsizing. I have advocated this vision for the last ten years.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

NC State SCRC

APRIL 3, 2019

The type of contract of interest in this report is for Development and Manufacture contracts in the Aerospace and Defense industries. Risk in Aerospace and Defense Industries. Specific Risks in Development and Manufacture Contracts in the Aerospace and Defense Industries. to subcontracting companies, known as “tier 1”.

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

IQMS

JANUARY 30, 2020

Many manufacturers experience challenges with labeling, but a comprehensive labeling application with features specific to your manufacturing industry can help you overcome the common pain points. Gain both serialized and non-serialized inventory control support. This automotive supplier is not alone.

Manufacturing 54

Manufacturing Inventory Reduction Automotive Cost Reduction Strategies 54

GlobalTranz

JULY 21, 2016

In 2011, eCommerce represented a fraction of overall retail operations. billion of the logistics industry, and that number will only grow from here. Warehouses Renew Focus on Inventory Control. The simplest way of making a warehouse run efficiently is by managing inventory better. Warehousing Expansion Is a Must.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Negotiating Skills Warehousing Logistics 120

Talking Logistics

JULY 18, 2014

Field Stocking Location (FSL) Network to Support Medical Device Industry. I wrote those words in December 2010 , one of my supply chain and logistics predictions for 2011. In short, the outcome of this case could have broad implications for the transportation industry. SAP Launches 2.0 FedEx faces U.S. UPS Enhances U.S.

Logistics Network Optimization Software 133

Logistics Network Optimization Software Supply Chain Network Software Inventory Management Software Demand Planning Software 133

RFgen

JULY 13, 2016

A recall has rocked the food industry as well as supply chain industries amidst food supply concerns. The third frozen food recall this year, this latest loss has consumers and industry experts concerned. The third frozen food recall this year, this latest loss has consumers and industry experts concerned.

Food 52

Food Supply Chain Planning Scenario Planning Global 52