Logistics Bureau

SEPTEMBER 4, 2023

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

SCM Research

MARCH 15, 2024

by 2060, with the most severe impacts felt in developing countries and major manufacturing nations such as China and the United States. By integrating climate science, epidemiology, and economic modeling, the study predicts a substantial increase in annual global GDP losses, potentially reaching up to 4.6%

Cost Reduction Strategies 222

Cost Reduction Strategies Supply Chain Strategy Global Supply Chain 222

Supply Chain Shaman

MARCH 16, 2021

In our pandemic research, we interviewed thirty manufacturers. All struggled, during the initial supply chain COVID-19 response, to run effective “what-if analysis” in their supply processes. The applications were too hard-wired into the IT architectures making ad-hoc analysis impossible. We avoid big buzz words.

Manufacturing Procurement 200

Manufacturing Procurement Modeling Optimal Sourcing Supply Chain Planning Software 200

QAD

AUGUST 6, 2019

Manufacturers’ strategies don’t always deliver hoped-for results. In this article, we’ll consider the first of two simple steps to reduce risk and improve the chances of a successful manufacturing strategy. Developing a Manufacturing Strategy. Manufacturers are no different from other organizations.

Expense Reduction 99

Expense Reduction Resource Reduction Supply Chain Strategy Strategy 99

SCMDOJO

MARCH 8, 2024

In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries. Top 5 Inventory Optimization Strategies Explained Managing inventory efficiently is vital for any business.

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

The Logistics of Logistics

MARCH 26, 2021

Developing a Distribution Strategy with Matt McGregor. Joe Lynch and Matt McGregor discuss developing a distribution strategy. Distribution strategy is one of the areas of focus for Matt and the Colliers Real Estate team. Key Takeaways: Developing a Distribution Strategy. Elements of a successful distribution strategy.

Cost Reduction Strategies 130

Cost Reduction Strategies Negotiating Skills Supply Chain Strategy Real Estate 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

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

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

SupplyPike

MAY 28, 2020

Learn about: What an ABC analysis is How you can implement it How Walmart uses it in its daily business. ABC analysis is based on “ The Pareto Principle ,” also known as the 80/20 rule. An ABC analysis helps you clearly assess this effort and also shows the importance of individual factors to the business.

Analysis 71

Analysis Negotiate Pricing Negotiating Skills Purchasing Skills 71

Enterra Insights

JUNE 6, 2023

Supply Chain Planning and Digital Twins Chap Achen , Vice President of Product Strategy & Operations at Nextuple, explains, “A digital twin allows a business decision-maker to test and validate a complete set of strategies and objectives across teams and make smart decisions that improve the customer experience and maximize profitability.”[1]

Resource Reduction 130

Resource Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 130

SCMDOJO

APRIL 22, 2024

Supply Chain Risk Management, or (SCRM for short), is an already expanding industry, and with artificial intelligence becoming more intelligent by the day, it’s going to be an integral part of any supply chain analysis. Conclusion The complexities of global supply chains demand proactive strategies to navigate disruptions effectively.

Inventory Reduction 77

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 77

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Supply Chain Shaman

MAY 9, 2023

The process is not a panacea for the lack of organizational alignment or clarity on strategy. The problem is that few companies have a clear definition of excellence compounded by the lack of clear definition of a business strategy. In Figure 1, we share the gap analysis. The good news is that we can attend conferences again.

S&OP 330

S&OP Supply and Demand Supply Chain Planning Software Sourcing Strategies 330

DELMIA Quintiq

DECEMBER 9, 2020

Trane Technologies faces these unprecedented global challenges with a bold strategy and a commitment to building a healthier planet and a sustainable world. Trane Technologies embraces a business strategy called “The Gigaton Challenge,” which is the commitment to reduce the customer carbon footprint by one gigaton of CO 2 e by 2030.

Waste Reduction 317

Waste Reduction Cost Reduction Strategies Supply Chain Design Software Resource Reduction 317

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

Supply Chain Shaman

APRIL 16, 2024

Can we build collaborative platforms for role-based discussions across commercial (sales and marketing) and operations (manufacturing, logistics, and purchasing) teams? Mapping Demand Streams The next step is to align supply strategies with demand streams. This analysis occurs with each run of tactical planning.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 217

SYSPRO Smarter ERP

MARCH 28, 2024

It is a modern business strategy that lets company staff make decisions based on facts instead of biases. You don’t want data that could create analysis paralysis. The post Data-driven decision making in manufacturing appeared first on SYSPRO Blog. The work to get this has to be collaborative.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Optimization Software 52

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. 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. Despite spending 1.1%

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

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.” If you answer the survey, I will gladly give you a custom analysis of your organization against the peer group. ” Sound familiar? Organizational Alignment.

Manufacturing Procurement 387

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 387

Unleashed

OCTOBER 31, 2023

It’s an essential process for achieving maximum success in manufacturing. Effective implementation of workforce optimisation strategies ensures you have the valuable workforce resources you need for the growth of your manufacturing operations. The primary goal of workforce optimisation strategies is to reduce operational costs.

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

MAY 11, 2022

How to Create a Digital Marketing Strategy for a Logistics Company! Most manufacturers still rely on traditional methods to promote their business. Word-of-mouth referrals, networking events, and trade shows are still preferred by those in the manufacturing industry for a good reason they still work. Consult With The Experts.

Manufacturing Procurement 96

Manufacturing Procurement Waste Reduction Manufacturing Resource Reduction 96

DELMIA Quintiq

MAY 11, 2022

The production of steel is an energy-intensive manufacturing process and the amount required for it is typically generated by burning fossil fuels whose carbon emissions further contribute to the global climate crisis. The graphic above highlights key metals manufacturing trends that are in place today. Technological challenges.

Material Savings 317

Material Savings Supply Chain Planning Software Optimization Software Analytics Software 317

Supply Chain Shaman

MARCH 21, 2024

During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. (The Instead, we need to Jump.

Inventory Reduction 389

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 389

Supply Chain Shaman

JUNE 9, 2023

The demand must be embraced as a flow, not an analysis of time-phased data, to drive better insights. The current taxonomy (or frame/models) for the engines does not address the issues of the global multinational manufacturing company. In the Global Supply Chain, there are More Constraints To Address Than Just Manufacturing.

Optimal Sourcing 299

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

ThroughPut

DECEMBER 14, 2023

No matter how well things run, seamless operations in manufacturing is a distant dream for many. These challenges or what we call “bottlenecks” in manufacturing, acting as critical pinch points in production, can introduce inefficiencies and inflate operational costs, leading to delays and reduced customer satisfaction.

Resource Reduction 52

Resource Reduction Cost Reduction Strategies Manufacturing Price Mitigation Strategies 52

Logility

APRIL 20, 2022

And for that reason, they can absorb and avoid disruption, measure variability proactively, and establish the rights strategies and inventory buffers to address it across the supply network and short- and long-term planning horizons. Developing Diverse, Resilient Sourcing Strateg ies.

Sourcing Strategies 130

Sourcing Strategies Material Savings Vendor Strategies Inventory Reduction 130

QAD

JUNE 29, 2023

Here are five key strategies for designing quality from the start, along with the tools, steps and environment needed to make it happen. This means involving stakeholders from across the company, including engineering, manufacturing, procurement, quality, maintainability, serviceability and sustainability, plus key suppliers.

Price Reduction 94

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 94

EC Sourcing Group

SEPTEMBER 7, 2021

Spend Analysis in Supply Chain Management. If you’re executing your procurement strategies efficiently, you’re also continually running spend analysis reports. Therefore, it’s important to know how to interpret them, understand them, and know the importance of the role of spend analysis in supply chain management.

Analysis 52

Analysis Material Savings Manufacturing Procurement Supply Chain Software 52

ToolsGroup

SEPTEMBER 6, 2023

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Global Supply Chain Inventory Optimization (IO) vendors. Quadrant Knowledge Solutions’ SPARK Matrix™ includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning.

ToolsGroup 156

ToolsGroup Optimization Software Supply Chain Design Software Supply Chain Planning Software 156

Supply Chain Matters

NOVEMBER 3, 2023

The reported strategy is to construct 14 assembly lines that can produce batteries for either hybrid, plug-in hybrid, or fully electric powered vehicles. The post Toyota Changes Supply Strategy for New Battery Facility first appeared on The Ferrari Consulting and Research Group / Supply Chain Management. All rights reserved.

Material Savings 52

Material Savings Price Reduction Inventory Reduction Cost Reduction Strategies 52

Unleashed

AUGUST 6, 2023

It’s a handy sales strategy to keep in your business toolbox – and can be essential to success in highly competitive markets. In this article, we do a deep dive into competitive pricing to outline key strategies, how they impact your profit margins , and how competitive pricing works with real-life examples. Coffee chains.

Price Reduction 52

Price Reduction Cost Reduction Strategies Expense Reduction Inventory Reduction 52

QAD

APRIL 7, 2022

Procurement, also sometimes known as purchasing, is the group responsible for acquiring components, services, and other materials to manufacture a company’s products and to keep the operation running. Supplier performance analysis could also show whether a particular supplier had frequent late deliveries or delivered poor quality product.

Manufacturing Procurement 95

Manufacturing Procurement Procurement Solutions Negotiate Pricing Purchasing Skills 95

ToolsGroup

DECEMBER 11, 2023

BOSTON and LONDON – December 12, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce to has been named a technology leader in the in the SPARK Matrix™ analysis of Intelligent Retail Pricing and Promotion Optimization (IRP&PO) by Quadrant Knowledge Solutions (QKS).

ToolsGroup 156

ToolsGroup Price Reduction Optimization Software Modeling 156

Supply Chain Shaman

DECEMBER 7, 2022

Based on my research, I write about four strategies that drove value over the last decade. Which strategy drove the most significant value??” As a result of the research with ASU, I settled on the combination of growth, margin, inventory turns, and ROIC for the Supply Chains to Admire analysis. A Clear Strategy.

Inventory Reduction 53

Inventory Reduction Material Savings Supply Chain Strategy Price Mitigation Strategies 53

Supply Chain Shaman

FEBRUARY 26, 2024

For example, in manufacturing, the shift in focus is away from OEE to focus on first pass yield and schedule adherence.) In the Supply Chains to Admire analysis, the balanced scorecard is defined as a growth, operating margin, inventory turns, and Return on Invested Capital (ROIC).

Modeling 206

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 206

Unleashed

OCTOBER 6, 2021

Here we explain how you can do this with 16 cost reduction strategies in inventory management?that Under a VMI system the supplier, usually a manufacturer, is responsible for optimising the level of inventory held by the distributor. Finally, ‘non-moving’ items are those that are not used over the analysis timeframe.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95