Supply Chain Shaman

JUNE 29, 2022

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements?

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

Silvon Software

APRIL 19, 2022

Also, in an effective KPI strategy, leading indicators that help provide insight into future performance should be balanced with lagging indicators that tell the procurement organization how they’ve done. I also suggest to our clients that they keep the following basic principles in mind relative to their KPI strategies.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Resilinc

APRIL 30, 2024

1 Production delays Manufacturing facilities in the hurricane’s path may be damaged or forced to close, leading to production delays or stoppages. 3 Higher freight rates Hurricanes can reduce truck capacity as carriers divert resources to aid relief efforts. Hurricanes can significantly disrupt supply chains in several ways. #1

Supply Chain Software 90

Supply Chain Software Supply Chain How To Forecasting 90

Logistics Viewpoints

FEBRUARY 7, 2022

Additive manufacturing, or 3D printing, has been around in one shape or form for a while. Well, 3D printing’s next big act could be manufacturing large metal objects. this also means that warehouses can carry less physical inventory but potentially more stock keeping units (SKUs). James DeMuth, CEO of Seurat Technologies.

Manufacturing Procurement 218

Manufacturing Procurement Supply Chain Design Software Purchasing Skills Supply Chain Software 218

NC State SCRC

APRIL 3, 2019

Our third contract research paper is by James Wilkinson, focusing on aerospace contracts which typically entail a great deal of risk (as illustrated by the Boeing 737 MAX incident…). The type of contract of interest in this report is for Development and Manufacture contracts in the Aerospace and Defense industries.

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor.” If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements?

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

ThroughPut

DECEMBER 8, 2023

In the context of supply chain management, prescriptive analytics leverages raw historical data and performance data to determine the best probable courses of action, supporting supply chain decisions through network design, inventory and warehouse optimization, and supplier management. What should be the ideal shipment strategy?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Precoro

OCTOBER 10, 2022

In addition to the benefits mentioned above, here are some more reasons why you need procurement KPIs : Reduce supply risks and prevent maverick spending. Align procurement workflow with business objectives, goals, and strategies. Inventory KPIs: Inventory Aging, Inventory Turnover Ratio. Cost Reduction.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Unleashed

FEBRUARY 14, 2023

Many modern businesses now rely on automation in manufacturing to get products built faster, optimise workplace processes, and get orders to customers more efficiently. But as there are hundreds of technologies you can invest in at vastly different price points, decisions on investments can be difficult. Increased quality.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Examples Supply Chain Design Software 52

RFgen

JUNE 8, 2023

Key Takeaways: Inventory management software with built-in automation has been found to increase accuracy and profits. There is no one-size-fits-all solution for inventory management software—it’s about the best product for your business objectives and industry. And with the average on-hand inventory quantities up 8.3%

Inventory Management Software 56

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 56

RFgen

JANUARY 2, 2019

Key Takeaways: Process and discrete manufacturers face increased pressure in today’s highly competitive, volatile marketplace. Shop floor data collection offers the capability to gain visibility, predictability, improve efficiencies and reduce costs. Manufacturing is the backbone of the world economy. trillion) of the $75.2

Supply Chain Software 52

Supply Chain Software Modeling Software Demand Planning Software Predictive Analytics Software 52

ThroughPut

FEBRUARY 14, 2024

Supply chain operations generate oceans of diverse data about customer preferences, trends, order changes, production operations, inventory levels, and logistics routes and costs. Decision automation: The third level is decision automation, where the human involvement required in the decision process further reduces.

Optimal Sourcing 59

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 59

RFgen

MARCH 22, 2023

In this article, we will explore the top 10 supply chain management challenges for 2023 and beyond, providing insights and strategies for overcoming these obstacles. Monitor economic trends and develop strategies to mitigate the potential negative effects on your operations. Labor remains a consistent cost challenge.

Waste Reduction 52

Waste Reduction Material Savings Inventory Reduction Supply Chain Planning Software 52

RFgen

SEPTEMBER 2, 2014

Among those involved in the manufacturing industry, it’s common knowledge that a healthy supply chain is the foundation of a strong organization. However, it’s often surprising how many organizations still depend on manual processes to collect data related to inventory, shipments and other moving parts in their supply chain.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Resource Reduction Waste Reduction 52

RFgen

SEPTEMBER 2, 2014

Among those involved in the manufacturing industry, it’s common knowledge that a healthy supply chain is the foundation of a strong organization. However, it’s often surprising how many organizations still depend on manual processes to collect data related to inventory, shipments and other moving parts in their supply chain.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Resource Reduction Waste Reduction 52

RFgen

AUGUST 14, 2017

These counterfeits featured markings normally found on legitimate parts from “approximately 35 major electronics manufacturers, including Motorola, Xilinx, and National Semiconductor.” With the correct part numbers and manufacturer’s markings, these counterfeits can be surprisingly difficult to identify and catch.

Aerospace 52

Aerospace Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 52

Supply Chain Opz

JUNE 1, 2014

Aerospace Industry is characterized by high material costs (about 65-80%). Manufacturing systems and regulatory compliance are considered to be very complex, coupled with the limited number suppliers due to the high barriers to entry. H&M aims to be the price leader in the fashion market.In

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Supply Chain Shaman

JULY 25, 2016

It is data driven research: a deep analysis of performance, improvement and Price to Tangible Book Value of 320 companies across 31 industries for the period of 2009-2015. We find the patters and the intersection of inventory turns and operating margin and growth and Return on Invested Capital (ROIC) to be insightful.). Background.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210

Logistics Bureau

MAY 9, 2016

Is it a good idea to reduce working capital in a supply chain? Current assets include inventory and accounts receivable, i.e. payments you are waiting to receive, notably from your customers. A ratio of more than 2 may be a sign that inventory is increasing too much or that the company is slow in collecting payments.

Material Savings 40

Material Savings Inventory Reduction Cost Reduction Strategies Price Reduction 40

IQMS

FEBRUARY 25, 2021

Bottom Line: Unpredictable demand swings caused by the pandemic are stress-testing supply chain management software systems across manufacturing, helping many manufacturers discover new strengths they hadn’t realize they had before. Making the wrong choice would lead to Stanley being stuck with six months of inventory.

Supply Chain Planning Software 66

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Demand Planning Software 66

RFgen

JANUARY 12, 2024

A foundational element in digital transformation strategies, ERP systems help organizations face evolving challenges and control costs. Industries like aerospace and defense still favor on-prem ERP deployments due to the need for heightened security controls and clearances.

Supply Chain Planning Software 73

Supply Chain Planning Software Modeling Software Predictive Analytics Software Demand Planning Software 73

Supply Chain Matters

JULY 28, 2022

Last week in a prior published mid-year assessment published by our research arm, we revisited previous published 2022 predictions assumptions related to now prevailing global economic, financial and manufacturing outlook perspectives. percent GDP growth, while the forecast for India was cut 0.8 percent in 2022, and 2.9

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Supply Chain Planning Supply Chain Software 52

Resilinc

DECEMBER 21, 2023

This is causing longer journeys, which have added costs, increased oil prices, and increased insurance premiums. Gas prices are on the rise. The ongoing war between Russia, (traditionally Europe’s primary supplier) and Ukraine is disrupting the EU supply chain, and gas prices are on the rise.

Supply Chain Planning Software 61

Supply Chain Planning Software Shipping Supply Chain Software Logistics Network Optimization Software 61

Elementum

APRIL 4, 2018

US manufacturing activity dropped slightly in March. Called “the first of many” trade actions against China, the taxes will target technology used in aerospace, computing, and communications, among other industries. Will the tariffs significantly increase prices on consumer goods? How will supply chains be impacted?

Policies 74

Policies Manufacturing Procurement America Supply Chain Software 74

Kanban Logistics

MAY 27, 2021

3PLs can reduce your logistics costs. Your 3PL can provide more space and allocate more labor and resources to your operations when your volumes are high or when you want to increase inventory, and then reduce space and labor when they’re not necessary. Vendor-managed inventory (VMI). You simply pay for what you need.

Supply and Demand 52

Supply and Demand Logistics Network Optimization Software Warehousing 3PL 52

Supply Chain Insights

JULY 26, 2016

It is data driven research: a deep analysis of performance, improvement and Price to Tangible Book Value of 320 companies across 31 industries for the period of 2009-2015. We find the patters and the intersection of inventory turns and operating margin and growth and Return on Invested Capital (ROIC) to be insightful.). Background.

Pharmaceutical 110

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 110

Supply Chain Game Changer

OCTOBER 29, 2019

Additive Manufacturing and 3D Printing – Changing Future Supply Chains! Imagine having virtually no raw material inventory on hand because all of the components and parts that you need can be made on demand. He had just been recruited from a large, fast growing Toy manufacturer and distributor. Email Address.

Supply Chain Software 54

Supply Chain Software Modeling Supply Chain Strategy Material Savings 54

Elementum

APRIL 4, 2018

US manufacturing activity dropped slightly in March. Called “the first of many” trade actions against China, the taxes will target technology used in aerospace, computing, and communications, among other industries. Will the tariffs significantly increase prices on consumer goods? How will supply chains be impacted?

Policies 60

Policies Manufacturing Procurement America Supply Chain Software 60

Supply Chain Matters

FEBRUARY 20, 2024

The theme is a corporate culture that was once reflective of an engineering and product quality driven leadership to that of a financial and investment community culture of driving up share price and investor returns regardless of process control, pandemic or building supply network challenges.

Supply Chain Network Software 52

Supply Chain Network Software System Sourcing Strategies Resource Reduction 52

Supply Chain Matters

JUNE 6, 2023

Our interpretation of that statement is that in a now supply constrained situation, Airbus is not electing to enter a lowest price back and forth engagement with an airline negotiating with Boeing as well. Airbus has already increased monthly production output for the Airbus A350 wide body with an additional expansion planned for 2025.

Supply Chain Network Software 52

Supply Chain Network Software Negotiate Pricing Modeling Negotiating Skills 52

Supply Chain Shaman

SEPTEMBER 28, 2012

Instead, the leadership team needs to build a strategy for the entire organization to focus on the delivery of value-based outcomes. Most companies have made their own organizations more efficient (ROA), but they have not reduced inventories and they have pushed costs back in the supply chain on suppliers that are less able to bear them.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

Supply Chain Movement

OCTOBER 31, 2016

Most companies are moving backward on the Supply Chain Matrix That Matter (growth, operating marging, inventory turns and Return on Invested Capital). In process manufacturing BASF, L’Oréal and The Clorox Company. In discrete manufacturing those are Apple, Cisco, Coopertires, Cummins, Edwards, Steelcase and Tsmc.

Pharmaceutical 60

Pharmaceutical Supply Chain Planning Supply Chain Strategy Supply Chain Design 60

Unleashed

OCTOBER 26, 2021

The additive manufacturing market is growing – and it’s predicted to continue growing in the next few years. Here we examine metal additive manufacturing, and answer all of your questions about what it is, how it works, what different techniques are used, and how SMEs can use this increasingly accessible technology.

Manufacturing Procurement 98

Manufacturing Procurement Manufacturing Trends Predictive Analytics Software 98

Supply Chain View from the Field

AUGUST 27, 2014

This class develops major themes and strategies of supply chain relationships. An emphasis on strategic cost modeling and contract price mechanisms is also emphasized. Identifying optimal approaches for managing leased space for new manufacturing facilities. Establishing process models for global aviation manufacturing.

Negotiating Skills 68

Negotiating Skills Negotiate Pricing Supply Chain Design Software Manufacturing Procurement 68

QAD

AUGUST 24, 2022

The variability of modern manufacturing, the complexity of manufacturing processes, and the pressure to drive productivity and profitability typically require most manufacturers to invest at some level in the automation of manufacturing execution. What is a Manufacturing Execution System (MES)? Food and Beverage.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Software Optimization Software Forecasting Software 52

Kanban Logistics

JULY 23, 2020

Walk into the manufacturing sites of many large companies and you’ll observe a finely tuned inbound logistics operation, with parts and raw materials arriving at the factory for that day’s production requirements. Here are some of the ways that 3PLs can help smaller plants take advantage of logistics services in the manufacturing industry.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Negotiating Skills Logistics Network Optimization Software 52

GlobalTranz

AUGUST 11, 2016

In this blog, Andy discusses the health of the manufacturing industry, manufacturing technology orders, and setting benchmarks for company performance. The State of the Health of The US Manufacturing Sector & Manufacturing Technology Orders. USMTO is managed by AMT, The Association For Manufacturing Technology.

Manufacturing Procurement 120

Manufacturing Procurement Forecasting Software Analytics Software Optimization Software 120