article thumbnail

The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Make to Order: Here, products are manufactured based on specific customer orders. It directly affects the bottom line, making it crucial to manage effectively.

article thumbnail

Happy Groundhog Day

Supply Chain Shaman

In contrast, if the groundhog does not see his shadow, the forecasts is for an early spring. During the period of 2016-2020, we hosted quarterly events, and monthly calls, to encourage inter-operability testing between network providers and the building of open canonicals. The 1993 movie Groundhog Day made this tradition famous.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Rise in Inventories.

article thumbnail

Manufacturing Strategies Explained.

ModusLink Corporation

Synergy is a core element present in many successful manufacturing strategies. Synergy is the fundamental pillar on which a strong manufacturing strategy is standing (Comparative European Research, 2016). Manufacturing strategies refer to ways in which companies decide to manufacture and produce the products their selling.

article thumbnail

6 Manufacturing Trends to Watch Out for in 2016

GlobalTranz

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.

article thumbnail

Logistics & SCM, PLM, Manufacturing, and Procurement 2016

Supply Chain Movement

Logistics & SCM, PLM, Manufacturing, and Procurement 2016. Date: 22-24 June, 2016. URL: sapinsiderevents.wispubs.com/2016/Vienna/SCM-PLM-MFG-Procurement-CRM/. Ensure accurate sales forecasts, optimized inventory levels, and efficient warehouse operations. Venue: Austria Center Vienna, Austria.

article thumbnail

Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

I forecast that this interest will grow and the market is going to become more confusing. Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. Kinaxis Purchase of Rubikloud.