Logistics Viewpoints

FEBRUARY 14, 2024

Other critical functions include order management, manufacturing, and product development. Supply chain digitization —Organizations are increasingly integrating physical processes with digital data and implementing digital workplace tools. Logistics and inventory management rounds out the top four focus areas at 82 percent.

Supply Chain Planning Software 246

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

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

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

SEPTEMBER 4, 2023

There are different tools, goals, and market dynamics. Simmons Foods Simmons Foods is a farm to fork poultry manufacturer. Then we are pulling out of an animal nutrition production facility and taking those finished products to a pet food manufacturing facility. We did not have a great spot tool.”

Procurement Solutions 203

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 203

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

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

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

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

Enterra Insights

JANUARY 18, 2024

Making predictions can be a fool’s errand; however, AI tools are making the cloudy crystal ball a bit clearer. 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.”

Trends 264

Trends Predictive Analytics Software Modeling Software Optimization Software 264

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. LCI is an essential tool within the broader framework of LCA, providing valuable insights into the environmental hotspots and opportunities for improvement.

Inventory Reduction 85

Inventory Reduction Analysis Material Savings Optimal Sourcing 85

Logility

MARCH 12, 2021

Some years ago, a 40-year-old Midwest process manufacturer with 40,000 SKUs finally completed implementing a new ERP system and quickly worked to combine all the new data with an array of other operational software, producing tons of new data daily. Do you have very low accuracy levels compared to some reasonable benchmark?

Supply and Demand 191

Supply and Demand Prescriptive Analytics Software Demand Planning Modeling 191

Locus

OCTOBER 25, 2023

Watch Now The growing spotlight on last-mile delivery As we navigate the digital age, industries like e-commerce, 3PL (third-party logistics), retail, and manufacturing are experiencing a seismic shift in how they operate, particularly in the realm of deliveries. Insights are just a click away! Read Also: Can Retailers Reinvent the Last Mile?The

Optimization Software 52

Optimization Software Analytics Software Inventory Management Software Demand Planning Software 52

BlueYonder

FEBRUARY 29, 2024

My previous blog post focused on defining what a Warehouse Execution System (WES) is, as well as the benefits this solution delivers for retailers, manufacturers and logistics services providers (LSPs). The WES needs to integrate with these systems tightly and launch quickly — and, in turn, support the fast, easy onboarding of new tools.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Analytics Software Optimization Software Predictive Analytics Software 96

Stord

AUGUST 5, 2020

An EPA SmartWay partnership provides us with the gold standard of emissions calculating tools for sustainability accounting. The SmartWay program provides a structured process for tracking, documenting, and benchmarking logistics’ carbon footprint across the entire supply chain including freight.

Waste Reduction 78

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

Pivot88

NOVEMBER 30, 2023

The PEF’s influence extends beyond Europe, as international companies and markets often look to such benchmarks when considering their own environmental strategies. This includes impacts associated with resource extraction, manufacturing, transportation, usage, and end-of-life treatment.

Supply Chain Design Software 52

Supply Chain Design Software Retail Resource Reduction Manufacturing Procurement 52

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 103

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 103

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

Oracle SCM

JULY 12, 2017

Effective strategies coupled with a well-defined plan and the right tools helped supply chain professionals alleviate fulfillment pressures and readied managers for market changes in the future. Strategy 3: Optimize product designs and product management for supply, manufacturing, and sustainability to accelerate profitable innovation.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. This includes implementing lean manufacturing principles and utilizing advanced planning software, so businesses can optimize production processes and minimize waste.

Optimal Sourcing 75

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 75

ToolsGroup

OCTOBER 3, 2022

The demand for retail workers to fill positions in stores, warehouses, and the manufacturing plants of vertically integrated retailers is not decreasing anytime soon. When discussing the retail labor shortage, many focus on retail associates interacting with customers, or other frontline workers in manufacturing, warehouses, and distribution.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Supply Chain Shaman

APRIL 19, 2021

I am constantly surprised how many intelligent manufacturing teams buy software from PowerPoint. To understand the benefits of improving the demand plan, model it using network planning and simulation tools. Why can we not just benchmark with Gartner or APQC to get the results?”. There is a need to change the mindset.

Supply Chain Planning Software 283

Supply Chain Planning Software Purchasing Training Eliminating Excel in Purchasing Demand Planning Software 283

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. Just-In-Time (JIT) Inventory Management, also known as lean manufacturing or the Toyota Production System (TPS), is a strategy that aligns raw-material orders from suppliers directly with production schedules. How Does Just-In-Time (JIT) Work?

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Supply Chain Shaman

AUGUST 12, 2020

Only 29% of manufacturers easily manage total cost trade-offs. Total cost analysis is more difficult than it sounds and most technology implementations automated functional measurement systems (manufacturing or procurement), but leave the organization blind on the management of total costs. The reason? Assa Abloy AB, BorgWarner Inc.,

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

Logistics Bureau

OCTOBER 20, 2021

If your estimations are lower than actual, it could lead to unnecessary and costly inventory replenishment, and in the case of manufacturing, it could result in overproduction. But you’ll still need to make sure you target the right KPIs for your benchmarking efforts. Benchmarking Success – Your One-Stop KPI and Benchmarking Shop.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

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

SupplyShift

JUNE 2, 2023

This shift is a notable effort to reduce waste and create a stronger internal market for recycled plastics and innovative packaging solutions, leading to the promotion of fair competition among packaging manufacturers. Regularly review supplier practices to ensure compliance with sustainability standards and the PPWR.

Waste Reduction 52

Waste Reduction Packaging Material Savings Expense Reduction 52

Unleashed

FEBRUARY 1, 2023

Demand planning also considers factors such as: Your marketing strategy Seasonality Market trends Demand planning teams need to constantly be alert to technology advances such as in Artificial Intelligence or software tools which can be utilised to their advantage. They must draw on all these factors to create a ‘demand plan’.

Supply and Demand 52

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

Unleashed

SEPTEMBER 7, 2020

The best way to reduce costs in a manufacturing business is to target the three areas in which costs generally fall: direct labour, materials, and manufacturing overheads. What are manufacturing costs? Manufacturing costs are the sum of costs of all resources used in the process of manufacturing a product.

Cost Reduction Strategies 105

Cost Reduction Strategies Negotiating Skills Material Savings Expense Reduction 105

Supply Chain Shaman

APRIL 19, 2021

I am constantly surprised how many intelligent manufacturing teams buy software from PowerPoint. To understand the benefits of improving the demand plan, model it using network planning and simulation tools. Why can we not just benchmark with Gartner or APQC to get the results?”. There is a need to change the mindset.

Supply Chain Planning Software 195

Supply Chain Planning Software Purchasing Training Eliminating Excel in Purchasing Demand Planning Software 195

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 171

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 171

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

GlobalTranz

AUGUST 11, 2016

In this blog, Andy discusses the health of the manufacturing industry, manufacturing technology orders, and setting benchmarks for company performance. The State of the Health of The US Manufacturing Sector & Manufacturing Technology Orders. USMTO is managed by AMT, The Association For Manufacturing Technology.

Manufacturing Procurement 120

Manufacturing Procurement Forecasting Software Analytics Software Optimization Software 120

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

Supply Chain Shaman

MAY 17, 2015

I am deep in research analysis of a couple of efforts (wrapping up our first year of supply chain planning benchmarking for ten clients, writing reports for the Supply Chain Insights newsletter and finishing some work with a couple of manufacturing clients) that are all telling me the same thing: companies are feeling supply chain pain.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Supply Chain Software 150

Supply Chain Collaborator

JUNE 16, 2017

For manufacturers wanting to avoid idle production lines, up-to-the-minute visibility into inbound logistics is crucial. American Shipper’s 2016 benchmark study on visibility emphasized the growing expectation among markets regarding the ability to determine where products are within the supply chain in real time.

Real-time Visibility 60

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 60

DELMIA Quintiq

APRIL 9, 2015

It’s great to hear about new [disruptive] technologies, do some benchmarking and understand how companies have executed these technologies. Are your tools propelling you forward or holding you back? Andreas Novak, Director Manufacturing, Vlisco Netherlands. The answer is yes. Here are 4 reasons why. Actionable insights.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Philadelphia 120

GlobalTranz

DECEMBER 1, 2014

2014 is coming to a close and as we herald in the New Year, shippers (manufacturers, retailers, and distribution centers) around the country are busy gearing up for the holiday season and have holiday logistics best practices on the brain. Benchmark DC Systems to Handle the Volume.

DC 244

DC Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Planning 244