Precoro

JANUARY 29, 2024

Escalating expenses associated with rising prices of raw materials, finished goods, third-party services, and labor along the entire supply chain expose businesses to a heightened threat of margin reduction. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

RPA as it is also referred to, has the capability to transform supply chain management. For an industry that increasingly requires higher logistics pipeline velocity without sacrificing accuracy and at lower costs, RPA is a natural choice for high performing supply chain organisations. Procurement.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Unleashed

APRIL 6, 2022

Lean manufacturing involves 13 core principles – many more than the ‘five principles’ that are often associated with this popular manufacturing system. The lean concept originally came from manufacturing, but it has gained in popularity and is now used widely across different industries and sectors.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Inventory Management Software 98

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). At Mars, procurement (commercial as it was called) was one of the most highly regarded of the professions.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Supply Chain Shaman

OCTOBER 5, 2018

At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, and L’Oréal’s approach to business that has allowed the company to continuously rank as a Supply Chains to Admire winner for four consecutive years. Supply Chains to Admire Methodology.

Case Study 281

Case Study Inventory Reduction Agile and Lean Supply Chain Study 281

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Kelly-Moore achieved 20% less overstock and avoided $1 million in purchase orders after reallocating sundries.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

Enterra Insights

SEPTEMBER 14, 2022

.”[1] What is often overlooked in the pursuit of better customer experiences is how those experiences can be affected by supply chain operations. Customer Experience and Supply Chain Management. For some people, the relationship between supply chain management (SCM) and customer experience (CX) may not be evident.

Gartner 130

Gartner Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 130

QAD

JULY 1, 2021

This is not to be confused with the cost of goods manufactured (COGM), which refers to just the cost of inventory that was finished and prepared for the sale in the period. Rather, total manufacturing costs include all related costs accrued in the period. What is Direct Labor?

Manufacturing Procurement 87

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 87

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. When companies want to digitally transform their supply chain capabilities, moving to an integrated business planning process (IBP) is often at the heart of the transformation.

Supply Chain Planning Software 236

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 236

SCMDOJO

AUGUST 16, 2023

Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

Inventory Reduction 76

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 76

Unleashed

MAY 31, 2024

The sell-through rate metric can help you predict demand for your product by telling you how much of your purchased inventory is being sold within any given period. Tracking your sell-through rate enables better-informed decision-making around planning for production, purchasing, and inventory management.

Inventory Reduction 52

Inventory Reduction Price Reduction Procurement Analytics Waste Reduction 52

Enterra Insights

AUGUST 18, 2021

Many experts believe the Internet of Things (IoT) is poised to revolutionize supply chain operations. Steven Manifold, Chief Marketing Officer at Ubisense, believes the revolution has also been slowed by a lack of understanding on the part of supply chain professionals. Potential Supply Chain Benefits of IoT Solutions.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Supply Chain Game Changer

AUGUST 30, 2021

Subscribe to Supply Chain Game Changer. It is about a research study undertaken by MIT students over a period of five years on the concept of lean production in the automobile industry, using Toyota as an example. The Strategy-Driven Supply Chain. Supply Chain Management for Dummies. Subscribe Here!

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

Logistics Viewpoints

MARCH 27, 2023

When companies talk about improving their forecasting, they are most often referring to demand forecasting. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Doing this, increases the benefits.

Forecasting 191

Forecasting Forecasting Software Modeling Optimal Sourcing 191

Logility

AUGUST 11, 2020

The global food and beverage supply chain has been stressed to the breaking point by the COVID-19 Pandemic. Plant shutdowns due to outbreaks of COVID-19 and widespread shortages of imported food products have further aggravated an already stressed out F&B supply chain. The F&B Silver Lining. What’s the answer?

Beverage 223

Beverage Supply Chain Planning Software Supply and Demand Supply Chain Software 223

Supply Chain Opz

JANUARY 29, 2020

In this article, we rank books based on their influence, popularity, recency and practicality and then we come up with the list of the best supply chain books. Finding Best Supply Chain Books We've found that most recommendations for on the web are based on just personal opinion. The links below are #paid links. . -

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 100

Locus

JULY 10, 2023

To effectively meet customer demand, retailers need a well-oiled machine behind the scenes – I’m talking about a streamlined supply chain. And the make-or-break point in this chain? One of the other biggest hurdles in the world of supply chain management is visibility. The last mile. The worst part?

Supply Chain Optimization 52

Supply Chain Optimization Real-time Visibility Optimization Software Agile and Lean Supply Chain 52

Unleashed

DECEMBER 15, 2021

Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. The next figure you need to calculate is COGS, which is a metric that relates to the direct costs of a product that a business sells.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Elementum

FEBRUARY 7, 2024

Businesses gain agility and can focus human resources on strategic work. These tasks range from simple data entry activities to more intricate operations like managing the supply chain. Predictive analytics forecast potential disruptions, allowing for proactive measures to minimize delays and enhance customer satisfaction.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Unleashed

MAY 9, 2024

Good manufacturing efficiency refers to the ability of a manufacturing operation to consistently produce high-quality products at optimal levels of productivity while minimising waste and resource consumption. Efficiency focuses on improving metrics like machine uptime, cycle time , defect rates, and utilisation of labour and equipment.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Resource Reduction Inventory Reduction 52

Logility

NOVEMBER 18, 2021

NASDAQ: AMSWA) today reported preliminary financial results for the second quarter of fiscal year 2022. For the Supply Chain business, professional services revenues for the quarter ended October 31, 2021 increased by 6% to $5.3 Return to Double-Digit Revenue Growth Driven by Continued Strong Growth in Subscription Fees.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Analytics Software 130

Unleashed

MARCH 31, 2021

We live in a global economy and that has made the supply chain all the more important – these days partner companies could be anywhere in the world, facing any number of challenges. However, when people refer to supply chains, they often use the terms ‘supply chain’ and ‘logistics’ interchangeably.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

Kanban Logistics

SEPTEMBER 9, 2021

Pandemic-related supply chain disruptions and labor shortages have hit hard, while consumer demand for products has simultaneously skyrocketed. The article references the Institute for Supply Management’s (ISM) monthly Manufacturing Report on Business, which showed that the Purchasing Managers’ Index (PMI) was 59.9

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics 3PL Logistics Network Optimization Software 52

ivalua

APRIL 7, 2022

Ivalua remains the only vendor recognized as a leader in every current Procurement report spanning S2P by Gartner and Forrester. They discussed new strategies and best practices to maximize and sustain supply chain agility and resilience in our last breakout session of the day! Day 1 Closing Remarks. Vishal Patel.

Procurement Solutions 130

Procurement Solutions Vendor Strategies Procurement Analytics Sourcing Strategies 130

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

Supply Chain Game Changer

AUGUST 13, 2020

Subscribe to Supply Chain Game Changer. The Parallel Supply Chain … A Twilight Zone Strategy? Death of Global Supply Chains article and permission to publish here provided by Sam Jenks at kodiakrating.com. Is COVID19 the death of Global Supply Chains? Subscribe Here! Email Address.

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121

GlobalTranz

JANUARY 4, 2016

We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. 2016 Supply Chain Trends: The First 7 of 12. What 2016 Supply Chain Trends to you expect to see?

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

Supply Chain Shaman

JUNE 14, 2018

Today, the management of the supply chain is harder. Supply chain management is more complex. Sometimes the changes within a supply chain are subtle, but have a large impact. Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence.

Optimal Sourcing 175

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 175

Logility

AUGUST 25, 2021

NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2022. million for the same period last year, reflecting our continued transition to the Software as a Service (SaaS) engagement model. “Our ATLANTA (August 25, 2021) American Software, Inc. million compared to $0.8 Logility, Inc.

Supply Chain Planning Software 130

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software Demand Planning Software 130

Unleashed

AUGUST 20, 2023

Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. There are many definitions for lead time in supply chain management. Let’s dive in. Here are a few of the most useful ones.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . Key performance indicators (KPIs) are the quantifiable metrics companies use to gauge their progress toward a specific goal. . Not sure what those metrics are? Cost per unit. Safety stock.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Enterra Insights

MAY 26, 2020

Customers don’t want to think about supply chains; they just want great purchasing experiences. Although the connection between great customer experience and a world-class supply chain should be obvious, customer experience is not the first thing that pops into most peoples’ minds when they hear the term “supply chain.”

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Strategy 100

EC Sourcing Group

OCTOBER 26, 2021

Before the Internet was a vital tool in business, the supply chain was a much different place than today. Read on to learn about the importance of quality in supply chain management, how IT helps to achieve that quality, and more details about the supply chain. Cost reduction.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 52

Logistics Bureau

OCTOBER 20, 2021

In reality, though, most of those instruments are there for reference in case of exceptions to normal flight conditions. The Supply Chain Manager’s Multi-function Display. By now, you are probably wondering what airliners have to do with supply chain KPIs. The 6 Most Useful Supply Chain KPIs.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80