IQMS

JANUARY 21, 2021

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. To do business in the automotive industry, Somachini has to comply with the ISO 14001 standard.

Manufacturing Procurement 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

QAD

JULY 28, 2022

It encourages us to continue meeting with automotive industry experts about supply chain issues that resonate with so many listeners. Episode #6: Electrifying the Automotive Supply Chain. With three decades of hands-on automotive experience, Paul Eichenberg , Chief Strategist, Eichenberg Consulting, L.L.C.,

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 95

USC Consulting Group

DECEMBER 15, 2020

It’s been a bumpy ride for the automotive industry this past year. Back in November and December when the economy was running full speed ahead, automotive manufacturers had high expectations for robust sales activity in 2020. In 2019, for example, 11% of motor vehicles available for purchase were 2020 models.

Manufacturing Procurement 52

Manufacturing Procurement Automotive Optimal Sourcing Manufacturing 52

The Network Effect

AUGUST 21, 2015

In my last four posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , and the all important ASN. If you’d like to know more on this and related subjects, I recommend you read the new Automotive Inbound Supply Best Practices whitepaper.

Automotive 100

Automotive Optimal Sourcing Logistics Network Optimization Software Supply Chain Optimization 100

Logistics Viewpoints

SEPTEMBER 19, 2022

Metcalfe’s law states that the value of a network is proportional to the square of the number of connected users of the system. MSCN solutions provide supply chain visibility, network-based applications, and network analytics across an extended supply chain. As one examines the MSCN market – one notices many MSCN suppliers.

Supply Chain Design Software 157

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Network Software 157

The Network Effect

SEPTEMBER 10, 2015

The generation, verification, tracking and reconciliation of Cums is a standard requirement for Automotive Tier 1 suppliers. The life cycle of a Cum naturally starts at 0 upon the issuance of a new purchase order. The post Does cumulative shipment management have a place in the future automotive supply chain?

Automotive 100

Automotive Modeling Supply Chain Network Software Modeling Software 100

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

HICX Solutions

FEBRUARY 2, 2023

The discussion focused on key findings from our recent Voice of the Supplier Survey and reactions to the results from an industry-insider perspective and a supplier point of view.

Optimal Sourcing 52

Optimal Sourcing Negotiate Pricing Procurement Analytics Procurement Solutions 52

Unleashed

NOVEMBER 16, 2022

The Manufacturers Health Check report shows SMEs in the UK, New Zealand and Australia were forced to hold record levels of stock in Q3 2022 – a response to billowing international lead times. We did this by analysing four key metrics: The average value of total stock on hand – reflecting the volume of goods held (plus impacts from inflation).

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Price Reduction 52

GlobalTranz

APRIL 6, 2021

It also takes flexible and redundant suppliers, systems, and talent to create an organization that survives and thrives while others struggle. For example, hand sanitizer sales spiked 313% during one week in February 2020, according to reports from Nielsen. 2020 Was A Year Of Supply Chain Disruption. Overall, U.S.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

QAD

AUGUST 4, 2021

Amazon, a B2C powerhouse, has been at the head of this growing trend, making it easier and easier for consumers to purchase and receive daily items right from their home. Automotive companies must take action now to transform their supply chain in order to survive (and even thrive) in a scarce market environment. .

Resource Reduction 98

Resource Reduction Material Savings Sourcing Strategies Supply Chain Strategy 98

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! The Escort joined its fellow junk metal comrades in an automotive-parts junkyard a few miles away from my childhood home. But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Subscribe Here! Email Address.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

The Logistics & Supply Chain Management Society

JULY 20, 2020

fashion, automotive, spare parts, airlines). Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Supply partners’ integrated systems provide competitive advantage through shortened supply operations and speedy decision-making. Decision Making.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

GlobalTranz

NOVEMBER 10, 2015

For these companies, the use of a dedicated transportation management system, such as Cerasis™ Rater , can be deployed to lower transportation costs across the entire supply chain. However, costs can be further reduced through the use of a warehouse management system (WMS). Understanding Warehouse Management Systems.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Optimization Software Inventory Reduction 120

Supply Chain Matters

AUGUST 30, 2023

According to the latest announcement, this tech provider will utilize added funding to continue building out capacity, expanding the domestic battery supply chain and allowing customers to purchase battery materials made in the U.S. Former investment partners reportedly also participated. for the first time.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Analytics Software 59

Supply Chain Shaman

JUNE 14, 2018

Within IT organizations, there are many zealots of existing systems. I am speaking to companies that are being held hostage to SAP HANA upgrades with 70% cost overruns and 60% time schedule expansion. It requires the oversight of a non-linear, and often very unpredictable, system. Companies are at a tipping point.

Optimal Sourcing 173

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 173

QAD

JULY 8, 2021

In our blog last month, we discussed how the automotive industry must learn this time from yet another semiconductor shortage by improving management of essential supply chain processes or we will find ourselves in another shortage crisis. In the case of semiconductors, lead time was reported anywhere from 22 to 26 weeks.

Supply Chain Planning Software 86

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 86

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

Enterra Insights

JUNE 24, 2022

On that day, the barcode system invented by George Lauer, an IBM engineer, began to change the world.”[1] Barcode systems help businesses and organizations track products, prices, and stock levels for centralized management in a computer software system allowing for incredible increases in productivity and efficiency.

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

SCMDOJO

JANUARY 30, 2023

Barra has mentored young people while they studied science, technology, engineering, and math (STEM) and diligently climbed the corporate ladder from an entry-level engineer to an influential leader in the automotive industry. The Top 10 CEOs Who Have Worked As Supply Chain Professionals 1.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Software Sourcing Strategies Agile and Lean Supply Chain 121

ToolsGroup

DECEMBER 20, 2021

Every major publication and news outlet is reporting on the supply chain crisis. Most of the reporting has been pretty shallow, leaving all to wonder how it can be solved. . Take the automotive industry as a classic example : silicon chips for the onboard computers of virtually all global manufacturers come from a handful of suppliers.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

ivalua

NOVEMBER 29, 2022

In recent years, the overall state of Procurement has been bolstered by increased proficiency, expanding engagement, and a growing direct impact on operations. And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management.

Procurement Analytics 130

Procurement Analytics Metrics Manufacturing Procurement Optimal Sourcing 130

Unleashed

MAY 28, 2023

First-in, first-out (FIFO) is a cost-flow inventory method used to value inventory stock. FIFO assumes the items first purchased or first produced are the first items to be sold. Under the FIFO method, the inventory you have left at the end of your accounting period would be the items you’ve most recently purchased or produced.

Purchasing Skills 52

Purchasing Skills Inventory Reduction Price Reduction Material Savings 52

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

GlobalTranz

DECEMBER 7, 2015

Manufacturers will integrate e-commerce systems with IoT (Internet of Things) initiatives. Equipment manufacturers will require dealers to adopt modern parts management systems, and to integrate those systems with their own. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Supply Chain Matters

FEBRUARY 7, 2024

Supply Chain Matters provides highlights and perspectives of Amazon’s recently reported Q4 and full year 2023 financial performance. Total revenues rose 14 percent to $170 billion, which Bloomberg , in its reporting equated to the strongest online sales growth since the early days of the pandemic. Net income was reported as $30.4

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Supply Chain Network Software 52

Unleashed

FEBRUARY 21, 2022

Digital, connected and smart systems are on the rise, while at the same time manufacturers face challenges such as the ‘Great Resignation’ and clogged-up supply chains – as well as increasing demand for sustainable products. Digital supply networks and data analytics will also be utilised to allow for more agile responses to disruptions.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 98

Supply Chain Shaman

DECEMBER 11, 2018

While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. The transformational wave is slowly transforming the automotive industry from a focus on selling “rides” versus the purchase of an automobile.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 202

QAD

MARCH 10, 2022

Sometimes it is as simple as a report that you couldn’t obtain in real-time or at all. Remember the marketing manager from the Automotive company we talked about in my last blog ? He was able to understand something in real time reporting that wasn’t available to him in the pre-SaaS processes that the company had in place.

Forecasting Software 90

Forecasting Software Demand Planning Software Cost Reduction Strategies Manufacturing Procurement 90

Supply Chain Shaman

APRIL 7, 2016

With each link, there also needs to be a system of record for agreements and collaborative workflow to drive feasible outcomes. As you do this mapping, focus on building value networks that have bi-directional flows, collaborative process management and a network system of record. (A Into warranty systems? Bio-engineering?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

QAD

SEPTEMBER 22, 2021

This type of software is used by businesses to plan and oversee routine operations, such as supply chain management, manufacturing, services, project management, customer relationship management, risk management, compliance, accounting and procurement. Common industries that benefit from ERP software include: Automotive.

Case Study 52

Case Study Study Optimal Sourcing Supply Chain Planning Software 52

Unleashed

AUGUST 17, 2021

Disadvantages: The business must make a significant up-front investment to set up the IT system and servers. The owner is responsible for ongoing operational and maintenance costs, including regular system and security upgrades. Where there is hardware failure, an on-premise system may take days to get back online.

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

ThroughPut

MARCH 23, 2020

It also puts pressure on our supporting systems (government, communities, hospitals, businesses, supply chains, etc.) – Creating Waste and taking away Productive Capacity from the System. The characteristic of the situation causes lots of fear in our communities. to maintain performance levels and weather the storm.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

ThroughPut

MARCH 23, 2020

It also puts pressure on our supporting systems (government, communities, hospitals, businesses, supply chains, etc.) – Creating Waste and taking away Productive Capacity from the System. The characteristic of the situation causes lots of fear in our communities. to maintain performance levels and weather the storm.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. Automotive is a perfect example of what not to do in building supply chain value. It was one of the issues of American automotive companies’ demise.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

Supply Chain Game Changer

JUNE 8, 2021

They offer their customers a chance to purchase tires and wheels through a payment plan over a specific period. It is the legislation governing how automated systems can deliver SMS messages and phone calls to people. Credit Reporting Services. This unexpected expense could hurt most small businesses and their entire operation.

Innovation 98

Innovation Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 98

Supply Chain Shaman

MARCH 15, 2016

The company is a B2B Supply Chain Operating Network supporting the automotive and aerospace industries. Sadly, I find each to have a limited view of supply chain analytics. The processes are largely batch, using data with great latency (orders and purchase orders). My time on the European continent is busy.

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150