Supply Chain Shaman

NOVEMBER 9, 2023

The supply chain space is heavily laden with acronyms, gobbledygook, false narratives, and over-hyped, fast-talking technology sales teams. “At the Digital Supply Chain event at SAP. Traditionally, the definition of end-to-end supply chain planning meant: Forecasting based on order or shipment patterns.

Optimal Sourcing 339

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 339

Supply Chain Shaman

MARCH 16, 2021

Supply chains quickly move through fads and buzz words. Today, entangled in digital supply chain discussions is the concept of the digital twin. In our pandemic research, we interviewed thirty manufacturers. The applications were too hard-wired into the IT architectures making ad-hoc analysis impossible.

Manufacturing Procurement 200

Manufacturing Procurement Modeling Optimal Sourcing Supply Chain Planning Software 200

Supply Chain Shaman

NOVEMBER 15, 2023

Supply management. Supply chain management. Supply chain planning. Increasing Maturity of the Role of the Forecast for the Supply Chain Leader This gets me back to why technologies are not improving enterprise leadership’s ability to forecast and manage revenue. Are these terms the same?

Supply Chain Planning Software 390

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 390

Logility

APRIL 20, 2022

If resilience is the panacea to today’s supply chain challenges, it seems that everyone has a different prescription. Every industry article, news segment, analyst research paper, and boardroom conversation offers varying perspectives on the real issues impacting supply chain performance and the best way to fix them.

Sourcing Strategies 130

Sourcing Strategies Material Savings Vendor Strategies Inventory Reduction 130

Supply Chain Shaman

DECEMBER 15, 2022

When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” Companies became less clear on the definition of supply chain excellence and how to implement decision support technologies. ” Sound familiar?

Manufacturing Procurement 389

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 389

Supply Chain Shaman

NOVEMBER 21, 2022

”) So, I sat across from a stranger on a cold winter night, the only thing that we had in common was our experience in supply chain planning. . And won’t the supply chain follow suit?” The perspective of a manufacturing leader is quite different than that of a business leader in logistics.

Supply Chain Planning Software 291

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 291

SYSPRO Smarter ERP

MARCH 27, 2023

The term “supply chain” started being used in the mid-1990s as global political conditions changed in ways that encouraged international commerce. During the pandemic, the supply chains that had previously been considered trustworthy were found to be fragile. This has led to a change of focus to supply chain sovereignty.

Manufacturing Procurement 104

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Modeling 104

SYSPRO Smarter ERP

JULY 3, 2023

Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. The area of AI that manufacturers need to explore to drive their factories into the future is machine learning (ML). The Industry 4.0

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Manufacturing Data 98

Logistics Viewpoints

DECEMBER 15, 2022

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes.

Optimal Sourcing 193

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 193

ivalua

SEPTEMBER 20, 2021

Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. This deployment is another significant step forward in the digital transformation of their overall supply chain processes, a journey that started last year with the successful rollout of Ivalua Sourcing solution for direct materials. .

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Sourcing Supply Chain Planning Software 130

DELMIA Quintiq

JANUARY 27, 2020

Disaster preparedness is imperative everywhere, but that goes double for the manufacturing industry. That means a company’s supply chain activities, vendors and talent pipeline could very well span the globe. Predictive Analysis for Shipping. The Cloud and Data Resiliency.

Manufacturing Procurement 227

Manufacturing Procurement Supply Chain Planning Software Predictive Analytics Software Demand Planning Software 227

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

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

Logistics Bureau

FEBRUARY 15, 2021

The best way to understand the difference between procurement and purchasing in a business is to consider the process involved in buying a car, says Logistics Bureau’s procurement specialist, Trent Morris. Procurement First, Purchasing Follows. But all of those things become purchasing as opposed to procurement.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Purchasing Skills Negotiate Pricing 98

Logility

MARCH 1, 2022

a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced upgrades to its software designed to elevate planning capabilities across the product lifecycle, from concept to delivery. Learn more about the Logility® Digital Supply Chain Platform. In addition, 21.03 In addition, 21.03

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Supply Chain Design Software Manufacturing Procurement 130

Unleashed

APRIL 18, 2024

The manufacturing industry thrives on efficiency gains. Just-in-time (JIT) manufacturing is a production management approach that helps you lift efficiency and streamline your operational processes. What is just-in-time manufacturing? What is just-in-time manufacturing? Here’s how it works.

Just-in-Time 52

Just-in-Time Manufacturing Procurement Waste Reduction Inventory Reduction 52

Supply Chain Shaman

JUNE 9, 2023

In Figure 1, I share a supply chain planning taxonomy or what I lovingly term an old-fashioned jalopy. Few companies design their supply chains (research data shows that 9% of companies actively design their supply chains), and few planning systems actively analyze and drive answers to the questions: Do I have a good plan?

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

SYSPRO Smarter ERP

MARCH 21, 2022

The supply chain management uncertainty in the post-COVID world shows no signs of letting up. With current conditions, it looks like there may never be a return to the pre-pandemic era of supply chain stability. How Supply Chain Management is changing. Risk analysis is becoming an important part of SCM.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Forecasting Software 116

Supply Chain Shaman

APRIL 15, 2020

My last post on the Supply Chain Shaman blog was forty-five days ago. My first focus was on China sourcing. Then it was the redefinition of the supply chain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. Let’s learn and apply it to supply chain management.

Supply Chain Planning Software 431

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 431

EC Sourcing Group

SEPTEMBER 7, 2021

Spend Analysis in Supply Chain Management. The broader picture beyond procurement is the supply chain, as procurement (or purchasing) is just one step in the supply chain. . Spend Analysis in Supply Chain Management: What Are the Basic Parts of the Supply Chain?

Analysis 52

Analysis Material Savings Manufacturing Procurement Supply Chain Software 52

Logistics Viewpoints

FEBRUARY 26, 2024

Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supply chain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions. We knew exactly what we couldn’t get.”

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

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

OptiProERP

FEBRUARY 8, 2024

Additive Manufacturing (AM), often called 3D printing, has emerged as a revolutionary technology potentially transforming traditional production processes. This blog post will explore the intersection of additive manufacturing and ERP. This blog post will explore the intersection of additive manufacturing and ERP.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Design Software 52

Logistics Viewpoints

SEPTEMBER 29, 2022

The Association for Supply Chain Management ( ASCM ) hosted its annual conference, ASCM CONNECT , on September 18 – 20 in Chicago. As such, I assumed that supply chain wasn’t a core competency. Network Supply Chain Restructure. I typically think of supply chains with a mix of SKUs in a make-to-stock process.

Supply Chain Transformation 242

Supply Chain Transformation Network Optimization Supply Chain Network Software Optimal Sourcing 242

Logistics Viewpoints

APRIL 3, 2023

Aera Technology offers a solution they call “Aera Decision Cloud” A key challenge for manufacturers is connecting integrated business planning (IBP) – a longer term plan – to operational planning and execution – what needs to be done in the near term. The supply chain team must grapple with a couple of questions.

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 252

The Logistics & Supply Chain Management Society

APRIL 15, 2021

The impact was across manufacturing plants, transport networks, warehouses, and retail outlets. Our analysis of digital and non-digital manufacturers over time shows an index of profit performance, with digital manufacturers outpacing their peers (Figure 1). Source: IDC 2021—Digital Analysis: Manufacturing.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Manufacturing Procurement 246

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. It refers to the process of purchasing, storing, and tracking the various goods required to build a product. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

EC Sourcing Group

APRIL 27, 2021

5 Benefits of Global Sourcing in Supply Chain Management. The importance of quality in supply chain management is undeniable. The truth is that global sourcing benefits outweigh the risks for many spend categories, and it’s advantageous to think about the big picture of your sourcing steps.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Supply Chain Software EC Sourcing 52

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Why Is Purchase Price Variance Important?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

SYSPRO Smarter ERP

FEBRUARY 23, 2022

Those manufacturers who are still using legacy or customized computer systems will find it difficult to make the necessary changes. Integration of design and manufacturing. Many manufacturers use a CAD/CAM system for design and engineering control. Quality management. Traceability. Inventory and logistics management.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Modeling Software 105

ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. According to Dr. El-Jawahari, procurement’s priorities have shifted in the Middle East since the pandemic’s onset.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 130

LevaData

APRIL 26, 2022

It's difficult to source and buy direct materials at scale. There's also the consideration of buying the right part or material; for instance, would purchasing more of an equivalent part or material found in other products deliver greater savings? It's challenging to solve such problems on a large scale. In […].

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Negotiating Skills Negotiate Pricing 52

Logistics Viewpoints

MARCH 8, 2021

Belcorp’s Maturity in Supply Chain Design. Belcorp Corporation has actively worked to be a leader in ensuring that their people can effectively use a complex type of software known as supply chain design. It requires a company to further leverage the supply chain design philosophy.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 255

SYSPRO Smarter ERP

APRIL 17, 2023

The manufacturing industry is currently undergoing a rapid digital transformation, and as a result, companies are generating vast amounts of data. Unfortunately, without proper processing and analysis, this data is of little use to the organization. This enables managers to take swift action and keep production on track.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Analytics Software Predictive Analytics Software 98

SCMDOJO

MARCH 19, 2024

A comprehensive analysis of the energy and material inputs, outputs, and environmental impacts associated with a product’s life cycle, LCI helps us unlock valuable insights into sustainable practices. This data is typically collected from a variety of sources, including industry databases, government reports, and primary research.

Inventory Reduction 84

Inventory Reduction Analysis Material Savings Optimal Sourcing 84

SYSPRO Smarter ERP

MARCH 28, 2024

You don’t want data that could create analysis paralysis. The ERP system as a primary data source is valuable for analysts so they can find out what a data item means and where to get it. Data may be enhanced by mapping it with other systems to creating a more comprehensive data source for data-driven decision making.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimization Software Optimal Sourcing 52