Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

GlobalTranz

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturers will seek custom (or specifically tailored) e-commerce solutions.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Enterra Insights

AUGUST 8, 2018

For nearly a decade, pundits have been touting the transformative effects of additive manufacturing (aka 3D printing). ”[1] Most analysts include additive manufacturing in their list of technologies that collectively are fostering the next industrial revolution, which is often referred to as Industry 4.0.

Manufacturing Procurement 100

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Supply Chain Matters

APRIL 18, 2024

That number is the highest reported since 2014, including the period of the Covid-19 pandemic during the years 2020 to 2023. It has to do with middlemen who have made manufacturing generic injectable drugs unprofitable, magnifying the risk of shortages by artificially reducing supply.”

Manufacturing Procurement 52

Manufacturing Procurement Pharmaceutical Purchasing Skills Sourcing Strategies 52

Logistics Viewpoints

AUGUST 22, 2023

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. Why is this shift such a big deal? We don’t have to think back very far. Lesson learned.

Real-time Visibility 185

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IQMS

JULY 11, 2019

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Manufacturers care most about finding new ways to grow, excel at product quality while still being able to take on short lead-time production runs from customers.

Manufacturing Procurement 42

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Logistics Viewpoints

APRIL 4, 2022

They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion. For some customers, they manage the inventory using a vendor managed inventory program. For some customers, they manage the inventory using a vendor managed inventory program. But even multi-sourcing is not enough.

Supply Chain Transformation 194

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GlobalTranz

JULY 24, 2015

Supply chain management in manufacturing is by no means a simple process, but the United States is learning from past mistakes and they're poised to start playing a little catch-up in the manufacturing world due to their expertise. Government Weighs In on Supply Chain Management in Manufacturing. The Numbers Are In.

Manufacturing Procurement 120

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Logistics Viewpoints

APRIL 26, 2021

For example, a vaccine manufacturer increased their order size by a factor of four in one weekend; a video call company wanted to receive ten times as much product as they initially forecast with just a month’s lead-time. In 2014, the company’s revenues were $43 million. In their fiscal year 2021 they had revenues of nearly $1.7

Supply Chain Design Software 193

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Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. The company is the third-largest manufacturer of flash memory in the world.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Movement

APRIL 29, 2014

Mindmap for medtech supply chains 2014. At the same time, new sales markets are emerging for manufacturers of medical devices, and innovative technologies such as 3D printing are making a breakthrough. Manufacturers of medical technology (‘medtech’) must choose a clear strategy: Plan. I accept the Terms & Conditions.

Supply Chain Design Software 97

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Talking Logistics

OCTOBER 10, 2014

Next week, I’ll be speaking at the Ryder Innovate Forum in Chicago and the Elemica reveal 2014 conference in Frankfurt. August 2014 Freight Transportation Services Index (TSI). August 2014 freight shipments were up 3.8 DHL launches freight capacity management program in the light of rapidly increasing trade volumes.

Logistics Network Optimization Software 138

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GlobalTranz

APRIL 3, 2018

Multiple manufacturers, multiple relationships, multiple distribution models, multiple contracts. Manifesting this trend is the terminology and concept of Digital Path to Purchase — the omni-channel, tech-focused approach to supporting and acting on a consumer’s purchase.

Supply and Demand 196

Supply and Demand Supply Chain Planning Software Supply Chain Software Optimal Sourcing 196

GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. No Purchase Orders were used.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

SYSPRO Smarter ERP

NOVEMBER 8, 2021

A year before, in 2014, a Harvard Business Review article pointed out that supply chains were becoming increasingly global and complex and consequently more at risk than before. One source reports disruptions increased over 60% between 2019 and 2020. Source: McKinsey. Two predictions have come true during the pandemic.

Supply Chain Planning Software 116

Supply Chain Planning Software Sourcing Strategies Supply Chain Software Supply Chain Strategy 116

Supply Chain Shaman

NOVEMBER 20, 2014

Manufacturing is core to the middle class and a healthy economy. At the end of 2014, many leaders that I work with are preparing their 2015 strategies. The word digital is everywhere in their presentations– digital path to purchase, digital agriculture, and digital manufacturing. As they talked, I winced.

Analytics Software 291

Analytics Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 291

Logistics Viewpoints

SEPTEMBER 28, 2021

Raw materials are in short supply, many manufacturers have temporarily mothballed production lines, transportation costs are rising, and labor is getting tight on our roadways , railways and ocean vessels. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

Supply Chain Shaman

JULY 25, 2021

Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). Enterprise resilience–the ability to have consistent balance sheet returns despite market volatility– decreased starting in 2014. The reality is very different. There are many reasons.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list. This complexity is occurring in many forms.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chain View from the Field

NOVEMBER 10, 2014

I was attending the Zycus Horizons 2014 conference at Amelia Island today, listening to speakers. Chris Sawchuck from the Hackett Group interviewed three heads of procurement from three large companies, and asked an important question. Does procurement add to top line revenue. And if not – what will change?”.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

Logistics Viewpoints

FEBRUARY 25, 2022

Oil prices jumped, with Brent rising above $105 a barrel for the first time since 2014, after Russia’s attack on Ukraine exacerbated concerns about disruptions to global energy supply. Oil, gas, steel and metal products account for other everyday items purchased from the two countries.” electricity generation in 2020.

Price Reduction 207

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Supply Chain Shaman

DECEMBER 23, 2014

In 2014, ecommerce strategies grew in importance. At that time, manufacturers talked about customer-centric supply chains, but were afraid to aggressively adopt ecommerce strategies. Manufacturers, today, are aggressively pursuing e-commerce strategies. Get Good at Having a Real-time Perpetual Inventory Signal.

Packaging 289

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QAD

NOVEMBER 19, 2020

Many medical device manufacturers are looking more closely at how they can make their operations less vulnerable to disruption. There may be opportunities your medical device manufacturing operation can leverage – in labor, materials, manufacturing and the supply chain – to make your infrastructure more resilient in the face of change.

Inventory Management Software 94

Inventory Management Software Supply Chain Software Material Savings Supply Chain Planning Software 94

RFgen

SEPTEMBER 24, 2015

Manufacturers use data collection devices to tell real pharmaceutical products from fakes. CNN shared the conclusions of a 2014 U.S. Medical manufactures that create products meeting consistent standards of quality can get lost in the available options. Counterfeit pharmaceuticals are dangerous to businesses and consumers.

Pharmaceutical 52

Pharmaceutical Manufacturing Procurement Manufacturing Supply Chain Software 52

RFgen

SEPTEMBER 24, 2015

Manufacturers use data collection devices to tell real pharmaceutical products from fakes. CNN shared the conclusions of a 2014 U.S. Medical manufactures that create products meeting consistent standards of quality can get lost in the available options. Counterfeit pharmaceuticals are dangerous to businesses and consumers.

Pharmaceutical 52

Pharmaceutical Manufacturing Procurement Manufacturing Supply Chain Software 52

Unleashed

MARCH 14, 2021

The food supply chain refers to the process of preparing a food product from start to finish: sourcing the raw materials and taking the food through a manufacturing process, through to the final packaging of the product, the sale to the customer and the final delivery. What is the food supply chain? How does the food supply chain work?

Supply Chain Software 97

Supply Chain Software Food Manufacturing Procurement Gartner 97

Talking Logistics

AUGUST 8, 2014

The bodega and building as it appears today (source: Google Maps). HighJump Software announced enhancements to its Retail Inventory and Point of Sale Management software, RETAIL vantage. The post This Week in Logistics News (August 4-8, 2014) appeared first on Talking Logistics with Adrian Gonzalez.

Logistics Network Optimization Software 145

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Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Inventory.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

ModusLink Corporation

NOVEMBER 18, 2021

When the product has a defect after its production, it is sent back to the inventory to reuse or recycle it. Sustainable procurement: consists of environmentally friendly purchasing that carry reduction, reuse, and recycle. Cardwell, 2014). Vishal Gupta, 2013).

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

SYSPRO Smarter ERP

APRIL 13, 2022

Just as manufacturers and distributors were starting to climb out of the ‘COVID hole’, they’ve been knocked back in. Unpacking expected disruptions across the supply chain for manufacturers and distributors. Already, oil prices have reached their highest levels since 2014 and are expected to continue to rise.

Supply Chain Planning Software 111

Supply Chain Planning Software Price Reduction Cost Reduction Strategies Material Savings 111

Supply Chain Shaman

JUNE 16, 2014

Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Recently, I spoke to a major European retailer that lost 5% of their grocery revenues to Amazon in the first quarter of 2014. They are slow to adapt.

Supply Chain Design Software 286

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 286

Supply Chain Shaman

AUGUST 13, 2021

In Figure 1, I highlight the significant shifts in my lifetime: Just four decades ago, McKinsey coined supply chain management as managing source, make, deliver, and plan together. In 2011-2014, companies experienced unprecedented growth, but the gap between commercial and operational teams grew. Then the Pandemic hit.

Supply Chain Design Software 195

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GlobalTranz

APRIL 6, 2015

However, complex supplier relationships, unreliable sources of material supply, and ever-increasing customer expectations greatly add to the expectations to select the best suppliers and conduct their operations more efficiently. In the past, many buyers relied on safety stock inventory to mitigate any risks or disruptions to suppliers.

Optimal Sourcing 120

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Supply Chain Shaman

SEPTEMBER 3, 2018

” Hau Lee, October 2014. Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Successful network design strategies are holistic crossing the boundaries of source, make and deliver.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

Vendor Strategies 120

Vendor Strategies Cost Reduction Strategies Inventory Reduction Waste Reduction 120

GlobalTranz

MAY 13, 2015

Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 That income was generated by more than 4,100 stores and fed by a sprawling supply chain, ranked 14th in 2014 by research and analyst company Gartner. restaurant industry made in 2013.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The Company has a checkered past.

Supply Chain Planning Software 150

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