Supply Chain Brain

AUGUST 21, 2020

Now in its ninth year, E2open’s 2019 Forecasting and Inventory Benchmark Study is the most consistent, comprehensive and useful study of its kind. What does best-in-class forecasting and inventory management look like?

Forecasting 40

Forecasting Benchmarking Study Inventory Reduction 40

Unleashed

APRIL 10, 2023

The internal processes of a manufacturer are critical to the success of the overall business. This article breaks down 11 of the most effective process improvement techniques in manufacturing that you can implement in your workplace today. Deep dive: Check out the 2023 Manufacturing Productivity Guide.

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste Reduction 52

GlobalTranz

MARCH 14, 2016

For manufacturers, virtual reality represents a major breakthrough in how products are created. Let’s take an in-depth look into the world of virtual reality, what’s holding it back, and why manufacturers are looking to virtual reality in manufacturing. What Are the Hindrances to Use of Virtual Reality in Manufacturing?

Supply Chain Design Software 120

Supply Chain Design Software Analytics Software Predictive Analytics Software Modeling Software 120

Unleashed

DECEMBER 13, 2023

New manufacturing data reveals the small to medium manufacturing sector remains in recovery mode, with global performance largely mapping to local economic conditions. New Zealand manufacturing, meanwhile, is at an historic inflection point, with stagnant performance in multiple sectors.

Manufacturing Procurement 52

Manufacturing Procurement New Zealand Manufacturing Beverage 52

BlueYonder

NOVEMBER 15, 2022

Much of our world relies on the timeliness, effectiveness, quality, and reliability of manufacturers. However, it is proving to be a more complex proposition for manufacturers who are typically more nascent in their digitalization efforts, and in bringing improved connectivity and visibility to their supply chains.

Capacity 75

Capacity Manufacturing Supply Chain Planning Software Optimization Software 75

The Logistics of Logistics

SEPTEMBER 15, 2023

Focused on logistics, manufacturing, and distribution channel strategies, Jonathon helps organizations make confident decisions for bold growth. About Jonathon McKay Jonathon McKay is a highly experienced partner at PATH specializing in exceptional growth strategies for the supply chain industry.

Price Reduction 222

Price Reduction Company Supply Chain Strategy North America 222

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What are its advantages and disadvantages?

Inventory Management Software 97

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

Logistics Viewpoints

AUGUST 15, 2022

A direct material is a raw material, component, or assembly used directly in the manufacturing process. For example, one of the key decisions that a manufacturer needs to make is should they continue to buy goods from one of their suppliers. In contrast, a part used in the production process may be custom made for that manufacturer.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Silvon Software

JULY 22, 2022

Here are 24 that Silvon has used with clients across various manufacturing industries to help them drive better supply chain performance. 60% to 70% is considered a good benchmark of inventory levels. The post Supply Chain KPIs & Metrics: Our Top 24 for Manufacturers appeared first on Intelligent Enterprise.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

ivalua

FEBRUARY 10, 2023

With Ivalua, you can quickly access spend analysis tools to identify areas for cost savings and benchmark current prices against market trends. During this time, he managed consulting engagements, worked with customers to implement lean processes, and managed SaaS implementations for global manufacturing enterprises. Doug has a B.S.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

Logility

JANUARY 12, 2021

There are many ways to view data, but those that are particularly useful in supply chain analytics are reporting, score carding, dashboarding and benchmarking. For instance, a modern report for a manufacturer might display all the data about transportation providers as usable information, in a scorecard format. Benchmarking.

Prescriptive Analytics Software 131

Prescriptive Analytics Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 131

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Supply Chain Shaman

SEPTEMBER 3, 2015

This morning, unexpectedly, I found myself in the middle of a debate between my two panelists on the Planning Benchmarking Panel for the Summit. Recently through my analysis of the planning benchmarking work, I have become fascinated on the role of inventory in the market-driven value network. This is a series of preparation calls.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

GlobalTranz

JULY 28, 2021

For instance, managed transportation includes value-added logistics capabilities, including: Logistics consulting and analysis to understand current needs, costs, savings opportunities by mode, benchmarking and implementation or training of new systems. Transportation optimization can occur at a network level and an execution level.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Logistics Viewpoints

NOVEMBER 23, 2020

Ronan Stephens, the Senior Vice President of Supply Chain Management and External Manufacturing, explained how the company set out on a journey to improve customer service while also reducing costs. Our inventories were in line with benchmarks, but we knew that intensifying the pace of launches could become challenging in the long run.”.

Supply and Demand 192

Supply and Demand Customer Service Logistics Network Optimization Software Supply Chain Planning Software 192

Logistics Viewpoints

FEBRUARY 14, 2024

Other critical functions include order management, manufacturing, and product development. It is the world’s foremost authority in benchmarking, best practices, process and performance improvement, and knowledge management. Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 246

Logistics Viewpoints

APRIL 5, 2023

ARC Advisory Group, where I work, publishes an analysis of the 25 manufacturers with the most mature digital transformations. Most recently, the APQC has conducted best practice and benchmarking research on digital transformation. Essentially, digital transformation is the integration of digital technology into all areas of a business.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Analytics Software Predictive Analytics Software Inventory Management Software 246

Unleashed

AUGUST 21, 2019

Manufacturers today are faced with a range of evolving requirements that complicate this process and leave many businesses merely accepting this process as the cost of doing business. Many manufacturers have started to follow suit. Product labelling can be a complex process. But it certainly doesn’t need to be. Increases mobility.

Manufacturing Procurement 61

Manufacturing Procurement Inventory Management Software Manufacturing Inventory Reduction 61

Logility

NOVEMBER 2, 2022

Suppose a product can be manufactured in multiple plant locations, and there’s a potential warehouse only 50 miles away from 60% of your customers that regularly order it. Five Reasons for Adopting a Supply Chain Network Design and Optimization Solution. Third: Repeatable network design. But the concept is not to tear down the supply chain.

Optimal Sourcing 130

Optimal Sourcing Network Design Software Network Optimization Network Design 130

Supply Chain Shaman

NOVEMBER 9, 2014

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. Deborah and I benchmarked 97 supply chains; and, we found the inverse to be true. I was proud of my record, and shared it with Deborah. I was wrong.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

Manufacturing & Logistics IT

JANUARY 11, 2017

The business behind some of Britain's leading kitchenware brands including Tala and ChefAid, has established a new benchmark by which all future supply chain projects will be judged.

Benchmarking 40

Benchmarking Supply Chain Supply and Demand 40

DELMIA Quintiq

MAY 17, 2023

Dassault Systèmes has its targets approved by SBTi, and in addition participates in a series of ESG (Environmental, Social, Governance) ratings to measure and benchmark its sustainability efforts. When a company moves to the level where sustainability efforts are benchmarked and can be used to generate plans that adhere to the target.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Sustainability 156

DELMIA Quintiq

MARCH 4, 2021

As part of this program, the company has implemented Dassault Systemes’ DELMIA Quintiq solution to create and benchmark scenarios, analyze the effects of decisions and continuously optimize its business operations.

Optimal Sourcing 296

Optimal Sourcing Supply Chain Planning Software Scenario Planning Global 296

Supply Chain Shaman

JUNE 21, 2023

One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers. The analysis is biased toward large process-based manufacturers in the Gartner network. Is this success? I don’t think so. Learning Stalled.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

PINC

AUGUST 3, 2020

With expectations of higher on-shelf availability and lower inventory costs, the pressure on delivery performance has intensified—as has the need for manufacturers, retailers, and carriers to work together to create efficient, reliable, and responsive supply chains. The problem is that there is no standard definition for OTIF. Survey Says….

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

Manufacturing & Logistics IT

APRIL 6, 2020

Symphony RetailAI, the provider of integrated AI-enabled marketing, merchandising and supply chain solutions for FMCG retailers and CPG manufacturers, has announced the findings of a new benchmark report, ‘The Retail Supply Chain: Designing New Ways to Satisfy Demand’.

Real-time Visibility 58

Real-time Visibility Supply Chain Design Supply Chain Visibility Retail 58

Enterra Insights

JANUARY 18, 2024

I look forward to seeing the benefits of machine learning reach more manufacturers in 2024. … With time, these capabilities will lead to unprecedented flexibility, quality and reliability in manufacturing.” After all, the technology is already there. ” Employment Turmoil. ” Singularity ?

Trends 264

Trends Predictive Analytics Software Modeling Software Optimization Software 264

E2open

JANUARY 19, 2023

This report is one of several benchmark reports available from e2open to help companies navigate increasingly complex global supply chains. The e2open Ocean Shipping Index is unique because it captures booking information at the start of the logistics timeline to provide a better view of total shipment time.

Logistics Network Optimization Software 148

Logistics Network Optimization Software Supply Chain Network Software Predictive Analytics Software Demand Planning Software 148

ToolsGroup

DECEMBER 16, 2021

This goes back to a very simple manufacturing principle, that work in process inventory is far from ideal. Retailers should consider augmenting it with other metrics, such as inventory turnover, sales to stock ratio, SKU behavior, and strategy forecast accuracy by demand point (stores and warehouses).

Supply Chain Planning Software 156

Supply Chain Planning Software Retail Supply Chain Planning Scenario Planning 156

CHAINalytics

SEPTEMBER 17, 2019

Consumer goods and electronics manufacturers are busy figuring out what they’re going to do in December when President Donald Trump’s 10 percent tariff on an estimated $300 billion worth of Chinese imports takes effect.

Agile and Lean Supply Chain 62

Agile and Lean Supply Chain Lean Manufacturing Consumer Goods 62

Logistics Viewpoints

APRIL 21, 2023

GLOBAL TRADE NEWS Xeneta , an ocean and air freight rate benchmarking and market analytics platform provider, investigated how growing geopolitical divisions are manifesting in a shift away from manufacturing in China, and an increase in friendshoring.

Logistics Network Optimization Software 207

Logistics Network Optimization Software Logistics Kenya Supply Chain Planning Software 207

Logility

AUGUST 4, 2023

KPIs help you benchmark whether you’re achieving the outcomes that equal value success. You also need to make it clear for your C-Suite why they should invest limited resources in ‘intangible’ software and not robots to automate their manufacturing processes, or factory expansions.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Vendor Strategies 208

Silvon Software

JUNE 1, 2023

Download Silvon’s KPI Guide – Drive Better Business Performance Set targets and benchmarks: Set specific targets or benchmarks for each material flow KPI based on industry standards, historical data, or desired improvements. These targets should be realistic and aligned with your organization’s overall performance goals.

S&OP 93

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

Unleashed

DECEMBER 15, 2021

Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. For manufacturers, it’s about understanding how long the process takes from receiving inventory to manufacturing a product and achieving a sale.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

New Horizon Supply Chain Blog

OCTOBER 21, 2022

While SCOR is a reference model rather than a mandatory technical standard, it has a major impact because it provides the de facto standard framework for how organizations think about, measure, benchmark, and improve their supply chains. The old Deliver step has been split into Order and Fulfill, to enable more focus on multichannel commerce.

Modeling Software 52

Modeling Software Modeling Sourcing Strategies Gartner 52

Freightos

FEBRUARY 28, 2022

Since then, we’ve partnered with the Baltic Exchange, a major and trusted name in the maritime sector, so that they could provide oversight to the creation of the benchmark indexes and the indexes were rebranded FBX. Take a global manufacturer and retailer of mattresses. But seriously, what does it mean?

Negotiating Skills 177

Negotiating Skills Shipping Price Reduction Supply Chain Planning 177

Talking Logistics

SEPTEMBER 29, 2015

Innovative companies are using these active, connected trading communities to address a number of supply chain challenges that have vexed the industry for years, like achieving industry-wide information standards and performance benchmarks. Best practices and benchmarking have always been tricky in traditional communities.

Supply Chain Network Software 100

Supply Chain Network Software Supply Chain Software Logistics Network Optimization Software Agile and Lean Supply Chain 100