Silvon Software

JUNE 1, 2023

The KPIs here highlight procurement, production, logistics, and customer fulfillment. This includes procurement, production, transportation, warehousing, and distribution. Supply chain KPIs are crucial for optimizing processes, minimizing costs, improving customer service, and enhancing overall supply chain performance.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

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

The Logistics & Supply Chain Management Society

JULY 16, 2023

Halal risk management practices of most companies are passive, meaning it is limited to the compliance of suppliers and their own (manufacturing) operations based on the requirements of the halal certification body and their halal standard(s). On the other hand, halal risks in the entire supply chain are not on their radar screens.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

SCMDOJO

NOVEMBER 9, 2023

This is achieved by helping business owners determine the right time to restock their items or purchase materials for production. Warehousing expenses are often variable and depend on the amount of inventory stored. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

Supply Chain Shaman

NOVEMBER 9, 2014

The team was organized around the functional silos of source, make and deliver. Proudly, I had led my division to have the lowest manufacturing costs with the highest Return on Assets. When we started benchmarking companies, Deborah and I had a friendly wager. It had been this way for over two decades. It was not measured.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. They may provide specific KPI benchmark levels for a process (in such terms as percentage cost savings).

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

OptiProERP

JUNE 17, 2019

Inventory visibility is one of the critical aspects of any manufacturing business. Whether it is about inventory in transit, in a warehouse or in distribution centers, visibility is a must. Inventory visibility ensures that your capital is not sitting on warehouse shelves instead of being used in your operations.

Real-time Visibility 66

Real-time Visibility Inventory Reduction Optimal Sourcing Supply Chain Planning Software 66

Unleashed

FEBRUARY 12, 2024

This number can then be used as a benchmark for continual improvement, supporting sustainable business growth. Inventory carrying cost is the total sum of any expenses associated with holding inventory within a warehouse or storage facility until it is sold or used in production. What is inventory carrying cost?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

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. It is safe to say that if a warehouse operation is not implementing Lean, it is falling behind its competition. But, it can be overdone.

Waste Reduction 274

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

Requis

OCTOBER 30, 2020

People are still worried about having efficiencies in their warehouses, making sure they’re laid out properly, and having the right processes. Manufacturing sites have been rationalized in terms of, “we don’t need five factories in this country, we only need three, then two, then we don’t need them at all, we’ll move them to China”.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Logility

AUGUST 25, 2020

Management must be cognizant of issues of procurement, manufacturing, inventory, and distribution that impact satisfaction and loyalty. Warehousing and transportation costs. KPIs that show performance relative to industry benchmarks and peer performance are usually strategic KPIs that may be assessed monthly or quarterly.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Logistics Bureau

NOVEMBER 6, 2023

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

Cost Reduction Strategies 89

Cost Reduction Strategies Warehousing Waste Reduction Purchasing Skills 89

Material Handling & Logistics

DECEMBER 3, 2018

But manufacturers have long felt that perfect order performance is an admirable yet unattainable goal. According to APQC Open Standards Benchmarking data, organizations that are median, or midpoint, performers on this measure have a perfect order index of 90. Share data. Order perfection is no longer a pie-in-the-sky ideal.

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Inventory Reduction Supply Chain Planning Software 100

HICX Solutions

JULY 20, 2023

There is a particular focus on supply chains due to the amount of electricity used to store and transport goods in warehouses. During the manufacturing phase, this includes sourcing raw materials, manufacturing processes, storage and distribution and is even extended to the products’ end-of-life-cycle.

Manufacturing Procurement 40

Manufacturing Procurement Supply Chain Software Supply Chain Procurement Analytics 40

Unleashed

JANUARY 29, 2024

An electronics manufacturer chooses to discontinue older or less fashionable design models, based on market trends and customer preferences. Discontinuing lines will help the manufacturer free up production capacity, and redirect research and development spending to focus on the development and marketing of newer or more innovative products.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Logistics Bureau

SEPTEMBER 25, 2016

If not, you might be surprised at the many ways supply chain benchmarking can be used to understand performance, identify areas for improvement and actually turn those improvements into reality. You don’t have to wait any longer to learn why supply chain benchmarking is increasingly winning advocates in the commercial arena.

Benchmarking 40

Benchmarking Supply Chain Planning Agile and Lean Supply Chain Supply Chain Strategy 40

The Logistics & Supply Chain Management Society

JULY 14, 2021

We had to break them up into a lot of different modules, such as production management, order management, procurement, MRP, etc. It’s much easier to improve your on-time in-full (OTIF) performance, and thus comply with Walmart’s new edict, because you’ve got the OTIF information, so you can benchmark against the perfect order.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Network Software Optimization Software Network Optimization 130

Enterra Insights

JUNE 17, 2020

Ask a person on the street what constitutes supply chain management and my guess is they would say SCM means ensuring the entire supply chain, from procurement of raw materials to product delivery, runs smoothly. This may include data on truck locations/routes and data to identify warehouses and their congestion.

Supply Chain Planning Software 130

Supply Chain Planning Software Sourcing Strategies Supply Chain Software Supply Chain Strategy 130

ThroughPut

JUNE 24, 2022

When faced with a pandemic like COVID-19, establishing a good understanding of the impact on supply chains and contingency plans can help manufacturing companies deal with uncertainties in the right way. Accurate inventory management can ensure the right flow of items in and out of a warehouse. WAREHOUSE EFFICIENCY.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

NC State SCRC

MARCH 9, 2016

An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

ShipBob

DECEMBER 3, 2021

While this position goes by several other job titles (such as “Logistics Director”, “Head of Logistics”, and “Director of Supply Chain”), its basic purpose is always the same: to manage every step in the supply chain, including procurement , production, inventory management , fulfillment, and shipping. Inventory and warehouse management.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing 52

NC State SCRC

OCTOBER 8, 2016

As a young assistant professor at Michigan State University in 1992, I was part of a group called the Global Procurement Benchmarking Initiative. This initiative benchmarked over 300 global companies, and set forth many of the principles for what we called “World Class Supply Chains”.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 58

Supply Chain Game Changer

FEBRUARY 4, 2020

But is just taking courses in basic topics like Procurement, Negotiation, Statistics, Operational Research or Planning sufficient? A course in Procurement, a course on Inventory management, a course in negotiation, and so on. Purchase orders were hand written. He proceeded to tell me about the courses the participants had taken.

Education 67

Education Negotiating Skills Supply Chain Design Software Supply Chain Planning Software 67

DAT Solutions

JANUARY 31, 2019

– David Domencic, Senior Manager of Transportation Procurement, Armada Supply Chain Solutions. Based in Keen, NH, ES3 provides warehousing, transportation and supply chain management services for food and grocery products, servicing 5,500 stores with a fleet of 2,300 tractors and 7,000 trailers. "We

Capacity 80

Capacity Portland Manufacturing Procurement Austin 80

6 River Systems

DECEMBER 11, 2018

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. “Users can easily now look at your global or regional supply situation and quickly source alternates when required, but the key here is to practice your response.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

DAT Solutions

JANUARY 31, 2019

– David Domencic, Senior Manager of Transportation Procurement, Armada Supply Chain Solutions. Based in Keen, NH, ES3 provides warehousing, transportation and supply chain management services for food and grocery products, servicing 5,500 stores with a fleet of 2,300 tractors and 7,000 trailers. "We

Capacity 70

Capacity Portland Manufacturing Procurement Austin 70

6 River Systems

JUNE 29, 2020

Warehouse managers face numerous challenges, as well, such as the need to keep goods flowing in and out of the facility while enabling associates to practice social distancing measures. . China trade war has already put regionalization of manufacturing back on the table. Develop alternative sources and diversify value chains.

Supply Chain Planning Software 116

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

20Cube Logistics

FEBRUARY 3, 2022

Inventory got depleted in warehouses with no shipper coming to take it away. Suppliers could not deliver their raw materials on time and due to it, manufacturing and the day-to-day operations came to a point of stagnation. Delays in transportation led to the supply chain sphere incurring huge amounts of loss.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 76

Supply Chain Matters

MAY 18, 2022

Business process intelligence technology Signavio , acquired by SAP in January 2021 was described as the catalyst technology behind the RISE program, helping customers to benchmark existing processes, discover process inefficiencies and identify opportunities to transform to a more modular and agile business landscape.

SAP 52

SAP Supply Chain Design Software Supply Chain Planning Software Conference 52

GlobalTranz

SEPTEMBER 14, 2016

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Use External Benchmarking Tools. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated.

Material Savings 120

Material Savings Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 120

Logistics Bureau

APRIL 8, 2016

To get an idea of the return on such an investment, consider these figures from Benchmarking Success. Manufacturers: best in class <10.3% industry average 6.8%. Your spend analysis and this basic benchmarking will show you where you are, and where you could be. Uncertainty. Economies of scale.

Cost Reduction Strategies 40

Cost Reduction Strategies Material Savings Inventory Reduction Expense Reduction 40

Logistics Bureau

MAY 31, 2016

Production of customised product packaging may be done by the product manufacturer, but possibly at a distribution centre too. On the other hand, products that sit in a warehouse beyond a certain period end up costing more in storage and associated expenses than their normal retail price.

Cost Reduction Strategies 40

Cost Reduction Strategies Inventory Reduction Material Savings Expense Reduction 40

Logistics Bureau

DECEMBER 3, 2017

Functional Fundamentals: Members of SCLA get to learn about the fundamentals of management in every supply chain function, including purchasing, warehousing, and transportation. We also cover production and manufacturing to some extent, and touch on other functional areas such as human resources and procurement.

Education 40

Education Purchasing Skills Buyer Training Supply Chain Design Software 40

DynaSys

FEBRUARY 3, 2021

Understand their sources of income. Income and consumer confidence data, unemployment rates by region and by sector, and sales in benchmark industries like hotels and air travel are worth considering. During the COVID pandemic so far, companies have been forced to close or shutter warehouses.

Modeling 98

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 98

Logistics Viewpoints

JANUARY 23, 2024

The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers. This allows for allocation of inventory to stores and warehouses before it has been unloaded, making it possible for retailers to update their inventory plans more quickly.

Supply Chain Planning Software 209

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

Logistics Viewpoints

AUGUST 9, 2022

What’s in manufacturing? Is it sitting at the warehouse yard, or has it reached the store? Complete visibility requires us to break down the silos between various critical supply change management systems – e.g., warehouse management systems, order management systems, visibility platforms. And it requires visibility everywhere.

Inventory Management Software 224

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 224