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. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Logistics Viewpoints

SEPTEMBER 29, 2021

A big part of sustainability initiatives includes the use of ethical sourcing. Ethical sourcing is the process of ensuring that the products made are obtained through responsible and sustainable methods. While we have seen more companies promoting ethical sourcing, does the consumer really care? Ethical Sourcing.

Sourcing Strategies 203

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Purchasing Skills 203

GlobalTranz

JANUARY 18, 2017

What makes or breaks a new technology in manufacturing? Mostly, manufacturers demand technologies that can boost their output without causing an additional strain on resources, and the final five technologies changing manufacturing in 2016 did just that. In other words, some manufacturers continue to resist the trend.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Software Optimal Sourcing Material Savings 120

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Despite spending 1.1% Rise in Inventories. Alignment Barriers. Mistake #3.

Supply Chain Planning Software 363

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 363

Supply Chain Collaborator

JUNE 25, 2020

Will the trend toward a return to “regional manufacturing” boost volumes in over the road transportation in North America as manufacturers move away from Asian overseas operations? In a recent Gartner survey titled “Weathering the Supply Chain Storm”, Raman said, “Already in 2018 and 2019, the U.S.-China

Manufacturing Procurement 142

Manufacturing Procurement Manufacturing Gartner Supply Chain Network Software 142

Enterra Insights

MAY 22, 2019

Manufacturing has been the lifeblood of the global economy for hundreds of years. Because manufacturers have historically moved factories to regions featuring cheap labor and few regulatory restrictions (sometimes referred to as outsourcing or offshoring), a misconception has arisen about the importance manufacturing to national economies.

Manufacturing Procurement 100

Manufacturing Procurement Manufacturing Data Prescriptive Analytics Software 100

GlobalTranz

JANUARY 21, 2016

How the Internet has transformed the manufacturing and order fulfillment process is no small secret. However, the realm of e-commerce for manufacturing companies is rapidly growing, and modern manufacturers are starting to see a shift from business-to-consumer (B2C) sales to business-to-business (B2B) sales.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Manufacturing 120

Logistics Viewpoints

FEBRUARY 19, 2024

The outsourced R&D, in turn, supported outsourced manufacturing with over 50 key suppliers. In 2018 and 2019 there were two fatal crashes of the 737 Max 8. The company aimed to develop the aircraft quickly and inexpensively to compete with the Airbus A380. Spirit AeroSystems manufactures the fuselages of the 737 Max jets.

Supply Chain Design Software 223

Supply Chain Design Software Manufacturing Procurement Logistics Network Optimization Software Supply Chain Software 223

Supply Chain Shaman

APRIL 27, 2022

Executive teams strive to drive improvement in supply chain results; yet, sadly, only four percent of public companies succeed. In this area of research, I find that companies are like dogs chasing cars. The grass is always greener at another company. Now, I view the company as a supply chain laggard. The reason?

Procurement Analytics 345

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 345

Enterra Insights

MARCH 1, 2019

The BCG analysts explain, “Today, another workforce transformation is on the horizon as manufacturing experiences a fourth wave of technological advancement: the rise of new digital industrial technologies that are collectively known as Industry 4.0.” ”[2] Computers and digital manufacturing ushered in other Industry 4.0

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Analytics Software 100

Supply Chain Matters

MARCH 29, 2022

The Supply Chain Matters blog highlights this week’s announcement from athletic footwear designer and manufacturer New Balance of the grand opening of this company’s fifth production facility in North America. In a published Supply Chain Matters at the time , we pointed out that despite knowledge that manufacturing shoes in the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing Strategies Expense Reduction 52

Logistics Viewpoints

APRIL 8, 2024

Brandon Daniels, CEO of Exiger The pandemic got almost every company talking about resilience. And a company called Exiger seemingly came out of nowhere to capitalize on this. Then in 2019, the newly reorganized Defense Counterintelligence and Security Agency put special emphasis on protecting critical technology.

Supply Chain Software 230

Supply Chain Software Supply Chain Manufacturing Procurement Predictive Analytics Software 230

Arena Solutions

NOVEMBER 17, 2022

It’s getting harder for product manufacturers to compete successfully in today’s global economy. These statistics are not surprising as more and more companies grapple with part and labor shortages, ever-changing regulatory requirements, and increasing product complexity. Design for manufacturability (DFM) issues.

Manufacturing Procurement 83

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Manufacturing 83

ivalua

AUGUST 17, 2021

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

Resilinc

SEPTEMBER 13, 2022

Mexico is seeing strong growth in manufacturing. market and secure redundant sources of supply. fabs tool up, Mexican companies can provide back-end process steps such as assembly and testing (as a center of automotive supply chains, Mexico is already a major destination for automotive semiconductors). Due to strong U.S.

Manufacturing Procurement 62

Manufacturing Procurement Mexico Manufacturing Real Estate 62

Unleashed

AUGUST 30, 2021

Here we examine manufacturing downtime in detail, including what it is, what causes it, and what it can cost your business. Because even small manufacturing firms with limited capital can reduce the risk of suffering unexpected outages through measures like preventive maintenance, staff training and the use of smart manufacturing software.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Predictive Analytics Software Material Savings 98

SYSPRO Smarter ERP

DECEMBER 15, 2021

Relook business processes and opportunities – yes pick the low hanging fruit – but only if it’s a priority for your company and it brings significant improvement and returns. regional research into manufacturing and distribution companies during the Covid-19 period to date. 7% of companies say they are fully recovered.

Manufacturing Procurement 104

Manufacturing Procurement Kenya Distribution Supply Chain Planning Software 104

IQMS

SEPTEMBER 5, 2019

to $2T in supply-chain management and manufacturing. By 2021, 20% of leading manufacturers will rely on embedded intelligence, using AI, IoT, and blockchain applications to automate processes and increase execution times by up to 25% according to IDC. to $2 in supply-chain management and manufacturing. 7T value to manufacturers.

Manufacturing Procurement 77

Manufacturing Procurement Optimal Sourcing Predictive Analytics Software Manufacturing 77

IQMS

AUGUST 9, 2019

By 2023, 30% of manufacturing companies with more than $5B in revenue will have implemented Industry 4.0 Blockchain’s greatest potential to deliver business value is in manufacturing. provide valuable insights into how blockchain can improve supply chains and manufacturing. no opt-in).

Manufacturing Procurement 48

Manufacturing Procurement Optimal Sourcing Manufacturing Pharmaceutical 48

GlobalTranz

JANUARY 17, 2017

Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. VR tends to replace the entire image.

Manufacturing Procurement 120

Manufacturing Procurement Predictive Analytics Procurement Analytics Predictive Analytics Software 120

Unleashed

JUNE 3, 2020

The issue is also particularly bad for manufacturers. According to the ONS , in the year to December 2019, UK manufacturers became 1.6% And more to the point, how can an individual manufacturing firm – in the UK or elsewhere – lift their own productivity performance? So what’s going wrong?

Manufacturing Procurement 85

Manufacturing Procurement Price Reduction Cost Reduction Strategies Waste Reduction 85

QAD

FEBRUARY 15, 2024

It was a relatively simple network that started with the food manufacturer sending products to distribution centers, then on to the grocery stores and specialty shops. The evolution of the value chain has been driven by multiple factors; technology, manufacturers and the consumer. That was the value chain.

Beverage 96

Beverage Food Manufacturing Procurement Material Savings 96

OptiProERP

DECEMBER 23, 2021

The global pandemic has brought significant changes in the manufacturing industry. To grow, small manufacturers need to rethink their production processes and consider digital solutions. Many small-scale manufacturers are ready to go digital but investing in a new ERP system raises some concerns for them. from 2019 to 2026.

Manufacturing Procurement 52

Manufacturing Procurement Forecasting Software Analytics Software Supply Chain Design Software 52

ModusLink Corporation

NOVEMBER 30, 2021

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017).

Manufacturing Procurement 78

Manufacturing Procurement Procurement Solutions Optimal Sourcing Negotiating Skills 78

Vanguard Software

APRIL 2, 2021

Throughout 2020, manufacturing supply chains took a hit because of constraints around the COVID-19 pandemic. lower than those from November 2019. Positive momentum indicates pent-up demand since the October and November 2020 Purchasing Managers Index (PMI) was higher than any time since 2018. Local Manufacturing Will Grow.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Agile and Lean Supply Chain 52

Unleashed

JUNE 8, 2020

may sound exciting for manufacturers – with its IoT-enabled factories, all-singing all-dancing ERP software, and AI-powered insights – but frankly this is fantasy land for the vast majority of manufacturers. 2020 has been more volatile than anyone in 2019 could have imagined. 4 important KPIs for manufacturers.

Manufacturing Procurement 72

Manufacturing Procurement Manufacturing Data Inventory Management Software 72

Supply Chain Shaman

NOVEMBER 11, 2020

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. ” Companies know they have a problem with adopting new technologies, but they do not have clear answers on what to do next.

Supply Chain Design Software 312

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 312

Supply Chain Shaman

DECEMBER 28, 2020

Strangely, in the last decade, while companies had the opportunity to use technology better, supply chain performance declined. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. Both companies outperformed their peer groups.

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

Supply Chain Shaman

JULY 19, 2020

My second observation is that for 96% of public companies supply chain excellence is slip-sliding away. Conversely, the value of a firm will never be created by improving the functional metrics of Purchase Price Variance, Overall Equipment Efficiency (OEE), lowest cost of transportation, or cash-to-cash efficiency. Comparing 2010-2019.

Supply Chain Design Software 417

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 417

Logistics Viewpoints

FEBRUARY 28, 2022

Having an agent detect how long it takes to ship from a supplier site to a manufacturing facility, and then doing a running calculation on how the average lead time is changing, is trivial math. And the companies that used these solutions, saw their forecasts improve much more quickly than traditional solutions.

Optimal Sourcing 282

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 282

ivalua

AUGUST 29, 2019

At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. The research, conducted by Vanson Bourne on behalf of Ivalua, found that 71% of respondents believed the rate of digitisation in Procurement is low.

Manufacturing Procurement 164

Manufacturing Procurement Procurement Analytics Procurement Solutions Purchasing Skills 164

USC Consulting Group

DECEMBER 15, 2020

Back in November and December when the economy was running full speed ahead, automotive manufacturers had high expectations for robust sales activity in 2020. Perennial leaders in auto sales — such as General Motors, Ford and Chrysler — witnessed double-digit declines in quarterly sales compared to 2019. Then, COVID-19 happened.

Manufacturing Procurement 52

Manufacturing Procurement Automotive Optimal Sourcing Manufacturing 52

DELMIA Quintiq

NOVEMBER 11, 2020

Shifts in food manufacturing often mirror consumer trends, but they typically reflect technological advancements, too. However, if they do, the benefits could reach consumers and manufacturers alike. People purchasing the items can feel more confident about food freshness and not worry about checking date stamps.

Manufacturing Procurement 334

Manufacturing Procurement Food Manufacturing Eliminating Excel in Purchasing 334

Supply Chain Shaman

FEBRUARY 14, 2022

In 2022, I frequently ask companies to draw their river of demand. Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. The process designed to help companies manage constraints outside of lead time took on a life of its own.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Logistics Viewpoints

AUGUST 18, 2021

times a month’s sales, a low for the period since January 2019 included in the chart. The July 2021 Manufacturing ISM Report On Business shows that economic activity in the manufacturing sector grew in July, with the overall economy notching a 14th consecutive month of growth. The prices index went down from June. Final Word.

Supply Chain Disruption 316

Supply Chain Disruption Manufacturing Procurement Supply Chain Purchasing Skills 316

ToolsGroup

NOVEMBER 8, 2021

Combined company gives retailers a powerful new technology arsenal to efficiently improve product availability under constrained supply and outperform the competition. Agile supply chain management remains a core mission that manufacturers, distributors and retailers must get right.

ToolsGroup 317

ToolsGroup Modeling Demand Management Demand Planning Software 317

Unleashed

AUGUST 9, 2021

Material Requirements Planning (MRP) software can be a great option when a business is struggling to juggle the multiple elements of the manufacturing process. Here we look at the way three companies have implemented an MRP system, and how this has benefitted their businesses in different ways. What do we have? What are we capable of?

Inventory Management Software 98

Inventory Management Software Supply Chain Planning Software Predictive Analytics Software Demand Planning Software 98