Requis

OCTOBER 30, 2020

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”. Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Unleashed

JANUARY 29, 2024

An electronics manufacturer chooses to discontinue older or less fashionable design models, based on market trends and customer preferences. This helps them to meet the changing consumer demands for healthier and more sustainable products. Key benefits of SKU rationalisation include: Easier inventory tracking of every SKU.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

SupplyShift

JUNE 2, 2021

The recent uptick of sustainability bonds from global companies like Wells Fargo, Bank of America, and most recently Amazon sends a strong market signal that focus on corporate Environmental, Social, and Governance (ESG) is no longer just a trend – it’s the new business imperative. The History of ESG and Corporate Finance .

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 52

SupplyShift

JUNE 2, 2021

The recent uptick of sustainability bonds from global companies like Wells Fargo, Bank of America, and most recently Amazon sends a strong market signal that focus on corporate Environmental, Social, and Governance (ESG) is no longer just a trend – it’s the new business imperative. ESG, in essence, was a luxury, or a “nice to have.”

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 40

GlobalTranz

MARCH 7, 2016

This is a critical component of seeking improvement in the supply chain, and benchmarking enables a supply chain entity to assess the current condition of such technologies and applications to improve the overall supply chain. How Does an Organization Create Performance Reviews and Determine What Errors Exist?

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

EcoVadis

MARCH 31, 2017

With a common sustainability and compliance initiative through centralized CSR program that not only proactively assesses all suppliers but includes an ongoing monitoring initiative. The following table gives some examples of criteria that can be taken into account during a CSR assessment: Actionable, Benchmark-able Metrics and Insights .

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

SupplyShift

NOVEMBER 4, 2020

When the pandemic hit, most people expected sustainability efforts to take a back-seat role. On the contrary, companies seem to be more focused than ever on driving sustainability in supply chains. Revisit your commitments and goals Your sustainability commitments and goals should be a guidepost for your work.

Supply Chain Planning Software 52

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

Talking Logistics

JULY 19, 2013

On the technology front, LLamasoft announced the release of Data Services, “a new offering that provides reference and benchmark data to LLamasoft customers and others in the supply chain design community…[this data] enables significant reduction in model building time and validates model outputs against realistic standards.”

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 130

SupplyShift

NOVEMBER 4, 2020

When the pandemic hit, most people expected sustainability efforts to take a back-seat role. On the contrary, companies seem to be more focused than ever on driving sustainability in supply chains. Your sustainability commitments and goals should be a guidepost for your work. Revisit your commitments and goals.

Supply Chain Planning Software 52

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

Logility

AUGUST 5, 2021

This means routinely bringing together the C-suite, finance, supply chain, manufacturing, sales and marketing teams so everyone is seeing, working from and agreeing to an aligned plan that achieves optimal business outcomes. Inventory-based KPIs probably make sense for you, but how will you benchmark results?

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

SCMDOJO

NOVEMBER 9, 2023

This comprehensive budget should encompass the entirety of ownership expenses required to sustain stock availability throughout the fiscal year. This technique involves selecting an individual item, meticulously counting it, and comparing the result to the benchmark.

Inventory Reduction 82

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 82

Taulia

MAY 5, 2020

Proactive working capital optimization Choosing the correct approach Ensuring sustainability Measuring success Proactive working capital optimization As freeing up cash has become a priority for companies around the world, organizations are taking a creative approach to unlocking working capital. But it’s not impossible.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Price Mitigation Strategies Supply Chain Optimization 52

Arkieva

AUGUST 8, 2016

Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030. The Sustainable Freight Action plan released by California governor Jerry Brown outlines a long-term 2050 vision and guiding principles for California’s future freight transportation system. Supply Chain News. Read Full Article.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Silvon Software

APRIL 18, 2024

Across the globe, manufacturing businesses are navigating economic uncertainties with increasing sophistication. For example, implementing process mining techniques to analyze and improve manufacturing throughput times. Insights from these tools can lead to process improvements that increase throughput and quality.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Zipline Logistics

JANUARY 17, 2023

It’s no secret that many consumers now consider the sustainability of a product before purchasing, much like they consider price or quality. In fact, a recent study suggests that more than a third of global consumers are willing to pay more for sustainable products as demand grows for environmentally friendly alternatives. .

Resource Reduction 78

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 78

Infosys Supply Chain Management

JUNE 28, 2012

Industrial Manufacturing. Sustainability Services. « Growing interest in sustainability from asset intensive organizations - Part 1 | Main | Asset in Enterprise Asset Management » Growing interest in sustainability from asset intensive organizations - Part 2. Hospitality and Leisure. Media and Entertainment.

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Software Sustainability Agile and Lean Supply Chain 22

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Here we give you a complete guide to MRO, from what it is, to what sort of items it covers.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Supply Chain Shaman

AUGUST 26, 2015

While traditional forecasting approaches use statistics to model history assuming that historic shipments and order patterns represent future market patterns, in the times of market volatility, especially for manufacturers two-five levels back in the supply chain, traditionally forecasting is not adequate. We hope to see you there! _.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Logistics Bureau

OCTOBER 26, 2020

While your company undoubtedly has sustainability on its supply chain agenda, creating momentum can be tricky in what is after all, a fairly new way to approach performance improvement. How to Develop a Sustainable Supply Chain. The good news is that there are multiple benefits attached to developing a sustainable supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 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

Logistics Viewpoints

JANUARY 23, 2024

When a customer initiates a return through Doddle, they are asked specific questions about the condition of the item and packaging, given choices on how and where to return it, and also given a sustainability impact of the return. The second piece is around sustainability.

Supply Chain Planning Software 213

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 213

Logistics Bureau

OCTOBER 26, 2020

While your company undoubtedly has sustainability on its supply chain agenda, creating momentum can be tricky in what is after all, a fairly new way to approach performance improvement. How to Develop a Sustainable Supply Chain. The good news is that there are multiple benefits attached to developing a sustainable supply chain.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 84

Supply Chain Game Changer

NOVEMBER 21, 2018

Further a Process based approach sets you up to achieving long term, sustainable results, and not just a one time, non-repetitive achievement. Another motivator is benchmarking. This requires frequent review of metrics, issues and direction setting with all of your team members. On the Field Behaviour. The answer is obvious.

Just-in-Time 56

Just-in-Time Metrics SCM Supply Chain Design 56

Supply Chain Game Changer

NOVEMBER 26, 2018

In Manufacturing, Distribution, Logistics and Retail the effectiveness of your network will make the difference between success and failure. Benchmark metrics (eg. And we positively leveraged our employees to lead the ongoing efficiency improvements that would sustain a dramatically improved level of profitability.

Network Optimization 43

Network Optimization Network Optimization Software Price Mitigation Strategies Supply Chain Optimization 43

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

It’s about being prepared to weather the storms through resilience, agility, adaptability, efficiency, security, data proficiency, insightfulness, and environmental sustainability – all essential to driving growth and success in the future. Extreme weather and natural disasters will continue. Weathering the Trade Policy Storm.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

Precoro

FEBRUARY 26, 2024

Examples include human resources or IT departments, manufacturing plants, or project teams. An example of a machinery cost center would be a manufacturing plant without employee expenses. Manufacturing Cost Center A manufacturing cost center is a facility where expenses are incurred for producing goods.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

Elementum

FEBRUARY 7, 2024

This transformation is especially vital in sustaining competitiveness and agility in a fast-paced business environment. Effective measurement hinges on tracking the right metrics and continuously optimizing processes for better results. For BPM, metrics might include process cycle times, cost savings, and customer satisfaction levels.

Resource Reduction 78

Resource Reduction Optimization Software Waste Reduction Cost Reduction Strategies 78

Cognira

NOVEMBER 28, 2023

Table of Contents Holiday Shopping Trends for 2023: What to Expect This year’s consumer interests and shopping trends are affected by the eco-wakening and the increasing demand for sustainable retail, the growing interest in online shopping, and the new shift towards a more cost-conscious shopping approach. compared to the last year.

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

Unleashed

JUNE 8, 2023

Sustainability-focused brands may seek carbon-neutral suppliers. For manufacturers and producers , this includes raw materials, components, and ingredients. Metrics and KPIs: The forms of measurement and benchmarks that reflect the successful execution of the strategy. Local businesses may prefer to keep it local.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

GlobalTranz

DECEMBER 30, 2014

As with the logistics category where we featured 15 most popular blog posts vs. the 10 we covered in the top manufacturing blog posts and supply chain blog posts , we write so many transportation blog posts in that category, we are going to feature the 16 most viewed transportation blog posts. Read the Full Blog Post. Read the Full Blog Post.

Expense Reduction 232

Expense Reduction Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 232

SCMDOJO

APRIL 26, 2023

Sustainable/ethical procurement. Category management strategy must be based on sustainable procurement and ethics. Managers should build out data analytics dashboards in high-spend categories with few analytical metrics to improve category-specific monitoring. spending that breaks internal procedures and purchasing terms).

Procurement Solutions 78

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 78

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. Supports Benchmarking Benchmarking is the process of measuring a company's performance against its competitors to identify areas that might need improvement.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

EMERGE App

DECEMBER 31, 2018

Source Sensibly and Sustainably. Or follow your savvy suppliers and manufacturers as they open production lines in another country. Or follow your savvy suppliers and manufacturers as they open production lines in another country. Benchmark Your Business. Keep an eye on this metric to avoid a deadstock situation.

Inventory Management Software 60

Inventory Management Software Purchasing Skills Forecasting Software Manufacturing Procurement 60

Arkieva

MARCH 29, 2016

On the Cost side, we primarily think of operational costs like purchasing cost, manufacturing cost, logistics cost, etc. These are the metrics they wake up with. These metrics are linked to their individual bonus schemes. As a VP of Sales & Marketing, my main interest is in metrics like turnover and market share.

Cost Reduction Strategies 60

Cost Reduction Strategies Purchasing Skills Inventory Reduction Supply Chain Planning 60

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

6 River Systems

DECEMBER 11, 2018

Devise a model that supports environmental sustainability. “BSR recommends that companies address climate risks in their supply chains by focusing where they have the greatest impact and greatest influence and taking several steps: Consider a broad range of climate risks and prioritize parts of the supply chain that are most at risk. .”

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Supply Chain Game Changer

NOVEMBER 21, 2018

Further a Process based approach sets you up to achieving long term, sustainable results, and not just a one time, non-repetitive achievement. Another motivator is benchmarking. This requires frequent review of metrics, issues and direction setting with all of your team members. On the Field Behaviour. The answer is obvious.

Just-in-Time 44

Just-in-Time Inventory Reduction Metrics Expense Reduction 44