Logistics Viewpoints

FEBRUARY 14, 2024

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Other critical functions include order management, manufacturing, and product development. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM).

Supply Chain Planning Software 246

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

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’s more, the data from this study doesn’t come from surveys and questionnaires, it is sourced from real data from E2open’s diverse customer base.

Forecasting 40

Forecasting Benchmarking Study Inventory Reduction 40

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 product sales at 10,000 stores.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

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

Silvon Software

JULY 22, 2022

For one thing, today’s operational processes have become more complicated due to the ever-growing number of sources, platforms and touchpoints that must now be analyzed in order to drive actionable insights from them. 60% to 70% is considered a good benchmark of inventory levels. Top-Line KPIs and Metrics for Supply Chain Management.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

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

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. The solution brings decision-making around sourcing, production, and logistics further down the organizational chart. Third: Repeatable network design.

Optimal Sourcing 130

Optimal Sourcing Network Design Software Network Optimization Network Design 130

DELMIA Quintiq

MARCH 4, 2021

Viterra , formally Glencore Agriculture, a global leader in the sourcing, handling, processing and marketing of agricultural commodities and products, has started a global digital transformation program to improve and accelerate its business decisions.

Optimal Sourcing 296

Optimal Sourcing Supply Chain Planning Software Scenario Planning Global 296

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.” As I noted earlier, this so-called singularity is the source of both anticipation and anxiety.

Trends 264

Trends Predictive Analytics Software Modeling Software Optimization Software 264

Logistics Viewpoints

APRIL 1, 2021

Building optionality in the supply chain through collaborative sourcing: Supply chain teams can proactively identify choke points within the existing network by leveraging emerging technologies such as digital twins and advanced analytics, and modeling their end-to-end supply chains. This can in turn benefit Tier 2 suppliers and beyond.

Optimal Sourcing 188

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 188

DELMIA Quintiq

MAY 17, 2023

Using the right weight for the mentioned KPIs, the planning application will suggest to source the slab from the European supplier. Ideally, companies set a target not only for the emission sources they control directly, but also for the ones they do not own themselves – e.g. suppliers.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Sustainability 156

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

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

Pivot88

NOVEMBER 30, 2023

Each quarter, our parent company TradeBeyond publishes its comprehensive Retail Sourcing Report , which is filled with timely research, facts, and analysis to help brands and retailers make the most informed sourcing decisions.

Supply Chain Design Software 52

Supply Chain Design Software Retail Resource Reduction Manufacturing Procurement 52

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

Kinaxis

JULY 18, 2014

The research benchmarks A&D companies against other industries and looks at the top five A&D companies over the last decade. It has about 6 million components which are manufactured in 30 countries by 550 unique suppliers. Think about those design, sourcing and delivery challenges. No registration required.).

Supply Chain Planning 224

Supply Chain Planning Supply Chain Design Aerospace Supply Chain Strategy 224

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Grab yours now! Access yours here!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Stord

AUGUST 5, 2020

While many companies actively report on direct emissions from and around manufacturing operations, indirect emissions consist of a much broader range of activities and are a significant contributor to the overall carbon footprint. As a shipper, this data is necessary to develop industry benchmarks for carbon footprint.

Waste Reduction 78

Waste Reduction Supply Chain Design Software Inventory Reduction Cost Reduction Strategies 78

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Today’s supply chain—with greater outsourcing, global manufacturing, and complex bill of materials–requires synchronization of the links.

Optimal Sourcing 169

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 169

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. More recently, Return and Enable steps were added. The new model represents a significant overhaul.

Modeling Software 52

Modeling Software Modeling Sourcing Strategies Gartner 52

Kinaxis

NOVEMBER 11, 2019

Planners can’t work with contract manufacturers. All supply chains have data errors, but if exhaustive searches rarely reveal the source of the problem – or reveal new problems – it might be more than run-of-the-mill complexity. Example : “Finance has these benchmarks on cash flow and inventory. Communication breaks down.

Supply Chain Transformation 164

Supply Chain Transformation Supply Chain Planning Software Gartner Supply Chain Software 164

Logility

JANUARY 14, 2021

Benchmark Based on Global Survey Highlights Logility’s Leadership in Ease of Use and Driving Rapid Benefits. ATLANTA – January 14, 2020 – Logility, Inc., Logility customers include Big Lots, Husqvarna Group, Parker Hannifin, Sonoco Products and Red Wing Shoe Company.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimization Software Analytics Software Demand Planning Software 130

Supply Chain Shaman

DECEMBER 26, 2012

However, none of the three companies knew this before the benchmarking activity. To minimize costs, supply chain teams of manufacturing leaders have designed the value network to absorb this volatility. The tendency is to build a supply chain for the lowest manufacturing cost-per-case which they believe is the lowest ROA.

Manufacturing Procurement 183

Manufacturing Procurement Purchasing Skills Modeling Supply Chain Design 183

ToolsGroup

OCTOBER 3, 2022

Source: Bloomberg.com. The demand for retail workers to fill positions in stores, warehouses, and the manufacturing plants of vertically integrated retailers is not decreasing anytime soon. Check out 4 Concrete Tactics to Combat Employee Turnover and Source Staff →. Where Are All the Retail Workers?

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Enterra Insights

OCTOBER 26, 2023

Companies can leverage social media to obtain consumer behavior analytics while also monitoring the industry, news and other sources that can indicate potential supply chain disruptions like the passing of a new regulation. 7] It should be clear that resiliency is built on a foundation of data. .”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

Unleashed

JULY 25, 2021

Let’s look at how smart food businesses can reduce their waste – and how the right food manufacturing software helps them do it. How can food and beverage manufacturers reduce their waste? The following five strategies can help food and beverage manufacturers to manage and reduce their food waste: 1.

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

NC State SCRC

SEPTEMBER 27, 2023

Prior to Gilead, Joydeep spent 10 years at Biogen, in roles of increasing responsibility in the areas of process sciences, manufacturing and supply chain. Number 1 : I was and remain naturally curious – about the industry, emerging trends and sources of value. And I ask myself how can we make ourselves better?

Pharmaceutical 52

Pharmaceutical Supply Chain Design Software Sustainability Supply Chain Design 52

SCMDOJO

OCTOBER 27, 2023

Sustainability and CSR Negotiation: Negotiating terms related to sustainability, corporate social responsibility (CSR), and ethical sourcing. Alternative Sourcing Negotiation: This negotiation explores alternative sourcing options when necessary. E-Sourcing Platforms: E-sourcing platforms exist to ease the negotiation process.

Negotiate Pricing 88

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 88

GlobalTranz

JANUARY 10, 2017

The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus. For example, planning, purchase order placement, manufacturing floor information logistics operations and beyond became essential variables in the goal of creating a more agile supply chain.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

Elementum

OCTOBER 13, 2017

It's no surprise then that the company became a signatory of t he Chemical Footprint Project (CFP), a project of Clean Production Action, which provides a tool for benchmarking companies as they select safer alternatives and reduce their use of chemicals of high concern. Impact to Industry.

Material Savings 97

Material Savings Manufacturing Procurement Chemicals Supply Chain Planning Software 97

GlobalTranz

DECEMBER 29, 2015

We've already listed the top 10 manufacturing articles, the top 10 supply chain articles, and yesterday, the top 10 logistics articles. However, it’s important to review your pattern of freight spend in relation to sales so that you may set a benchmark. Why Benchmarking Alone Isn’t Enough for Proper Transportation Cost Analysis.

Transportation Management 120

Transportation Management Transportation Cost Reduction Strategies Sourcing Strategies 120

SCMDOJO

MARCH 19, 2024

It involves gathering data on the various stages of a product’s life, including raw material extraction, manufacturing, distribution, use, and disposal. This data is typically collected from a variety of sources, including industry databases, government reports, and primary research. Companies can source materials locally.

Inventory Reduction 84

Inventory Reduction Analysis Material Savings Optimal Sourcing 84

ToolsGroup

JULY 26, 2016

The Boston Consulting Group said at the 2015 Grocery Manufacturers Association/Food Marketing Institute (GMA/FMI) supply chain conference that 22% of polled respondents said less accurate forecasts were one of their top hurdles to improving service. Steutermann calls this “ shifting from sell-in to sell-through ”.

Forecasting 120

Forecasting Supply and Demand Optimal Sourcing Inventory Reduction 120

Unleashed

FEBRUARY 1, 2023

This enables the company to manufacture and distribute its product in a way that, ideally, efficiently meets consumer demand. Beyond these ‘soft skills’, demand planning requires the ability to analyse data including internal records, manufacturer predictions, consumer trends and behaviours, and market shifts.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Arkieva

AUGUST 12, 2016

A new report by SupplyChainDigest: “Supplier Integration in an Outsourced Supply Chain World: A Benchmark Report,” showed a growing trend in supply chain outsourcing among manufacturing companies. Source: SupplyChainDigest. Here are a few things to look at when making the decision to outsource supply chain operations.

Survey 60

Survey Cost Reduction Strategies Resource Reduction Supply Chain Software 60

KEPLER Consulting

MARCH 23, 2018

However, they are often complex to implement on a large scale, because they require a lot of manufacturing process related information, strong technical expertise and deep & time-consuming cooperation with suppliers (open book policy is mandatory). Utilize benchmarking to identify gaps across BU/Regions and optimized sourcing strategies.

Negotiating Skills 64

Negotiating Skills Purchasing Skills Negotiate Pricing Material Savings 64

BlueYonder

MAY 6, 2021

The Gartner Critical Capabilities for SCP Solutions report evaluated 18 vendors, benchmarking them across five use cases and 15 key capabilities that relate to various stages of Gartner’s supply chain maturity model. To learn more, download the 2021 Gartner Critical Capabilities report for supply chain planning solutions.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Design Software 59