Supply Chain View from the Field

AUGUST 24, 2015

John Deere (2) – Life Cycle Cost Benchmarking – The team will benchmark industry leaders to document and define best practices for measuring direct material cost over the lifecycle of a product. The team will benchmark industry leaders to document and define best practices for measuring total acquisition cost.

Procurement Analytics 60

Procurement Analytics Analytics Software Analytics Manufacturing Procurement 60

Precoro

SEPTEMBER 4, 2023

The cash conversion cycle is a significant financial metric for retailers and manufacturing companies involved in buying and managing inventories and selling them to customers. Thus, the best strategy for companies is to benchmark their cash conversion cycle against their historical performance and competitors in their industry.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Supply Chain Shaman

AUGUST 16, 2015

There is seldom one technology used within a manufacturing company to connect B2b value networks.) With the larger ocean carriers and the port congestion, GT Nexus becomes more and more important to retail and manufacturing companies. The traditional EDI approach inserts a day latency to open and read documents. It is clear.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success. What does a procurement manager do?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

SupplyShift

NOVEMBER 4, 2020

To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Decrease waste by 20 percent across all Kraft Heinz manufacturing operations by 2025. E.g., procurement has great lines of communication with suppliers and can get their attention.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

SupplyShift

NOVEMBER 4, 2020

To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Decrease waste by 20 percent across all Kraft Heinz manufacturing operations by 2025. E.g., procurement has great lines of communication with suppliers and can get their attention.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

Logistics Viewpoints

JANUARY 23, 2024

The cameras grab an image of the package as it goes through the tunnel, gets dimensional and weight information, matches that data up with the order, and can also check compliance documentation. Within the Infor app, retailers can pull all supplier information for a container, which provides all the necessary documentation for customs.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Logistics Bureau

DECEMBER 3, 2017

Supply chain documentation. We also cover production and manufacturing to some extent, and touch on other functional areas such as human resources and procurement. Warehouse and logistics performance management, measurement, and benchmarking. Health and safety management. Incoterms and international payments.

Education 40

Education Purchasing Skills Buyer Training Supply Chain Design Software 40

Talking Logistics

APRIL 20, 2016

What you find instead are functional groups — such as Manufacturing, Distribution, Sales and Marketing, and Procurement — operating in silos, like a boat full of rowers each doing their own thing. Step 5: Measure Current Performance and Benchmark with Best-in-Class Competitors. Which metrics are the right ones?

Supply Chain Design Software 100

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

Supply Chain Shaman

AUGUST 21, 2016

The caller had prior experience with a major household products company and recently transitioned to a smaller, but global discrete manufacturer. I urged him to take his corporate strategy document and set up a meeting with each profit center manager. The company had a strong manufacturing culture, and the focus was on the urgent.

S&OP 150

S&OP Supply and Demand Supply Chain Planning Software Price Reduction 150

Supply Chain Opz

JULY 31, 2012

While a big chunk of cost lies within procurement, manufacturing and distribution activities, cost reduction from procurement function seems to deliver substantial savings quicker. Introductory Guide to Spend Analysis. Cost reduction has always been the number one priority for a company. Discussion. best of supplychainopz.

Price Reduction 100

Price Reduction Cost Reduction Strategies Expense Reduction Analysis 100

6 River Systems

JUNE 29, 2020

The next-gen supply chain model is a networked ecosystem – suppliers, partners, manufacturers, distributors and retailers will all have access to relevant cloud-based data to make the best decisions based on real-time signals.” China trade war has already put regionalization of manufacturing back on the table.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Logistics Bureau

MAY 24, 2019

Deere & Company (brand name John Deere) is famed for the manufacture and supply of machinery used in agriculture, construction, and forestry, as well as diesel engines and lawn care equipment. One of the world’s largest manufacturers of computer chips, Intel needs little introduction. Deere & Company.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

Precoro

AUGUST 31, 2023

Recall how manufacturers had to limit their on-site staff due to coronavirus safety regulations; more recently, food production in Ukraine was disrupted, which in turn affected the sales channels of Ukrainian products and everyone around the world who uses or distributes them. In situations like these, every cent matters.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

NC State SCRC

DECEMBER 22, 2017

Supplier driven innovation was also a major theme at the Procurement Leaders meeting in Miami this spring. In a podcast discussion with Kathryn Kelly, who leads the Ohio State University Manufacturing Network, we talked about some of the big impacts that the LIVING Supply Chain will have on small business.

Predictive Analytics Software 72

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 72