SYSPRO Smarter ERP

MARCH 28, 2024

It is a modern business strategy that lets company staff make decisions based on facts instead of biases. If production metrics are important, you may want to get data on: Machine and labor availability. How to apply metrics One challenge is deciding what metrics to use. Lead times for receiving raw materials.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Optimization Software 52

Logility

MARCH 21, 2024

In this blog, I‘ll address 10 common generative AI myths to demonstrate the value of this exciting technology. However, experienced day-to-day planners know that human oversight is crucial for good outcomes when determining strategies, developing forecasts, building supply plans, and managing inventory.

Optimal Sourcing 226

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 226

Resilinc

MARCH 30, 2021

This is Part 2 of our four-part blog series based on Resilinc’s Ultimate Guide to Supply Chain Resiliency. If your company has a mature and well-function SCRM program, then these blogs can help you validate what you’re already doing and provide ideas for fine-tuning your program. It starts with building a business case.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Supply Chain Planning Material Savings 62

OptiProERP

NOVEMBER 3, 2022

Forty-two percent of SMBs consider digital transformation a central part of their organizational strategy. Developing an Effective Digital Transformation Strategy. A digital transformation strategy is a detailed plan to improve business operations. Define Metrics to Measure Success. But where do you start?

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. Analyze performance metrics and implement improvements to enhance efficiency. Grab yours now!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Logistics Viewpoints

JUNE 29, 2023

Configure to Order: This strategy involves customizing standard products based on customer specifications. Here is a summary of the key supply chain characteristics of each of the manufacturing strategy and how it impacts collaboration with suppliers. Nari Viswanathan is a six times SDCExec Supply Chain Pro to Know award winner.

Manufacturing Procurement 185

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 185

QAD

NOVEMBER 8, 2022

The pandemic tested the supply chain across all industries, so how can medical device supply chain leaders implement strategies and plan for potential risks in the post pandemic “new normal”? Designing and implementing updated risk mitigation strategies. Broadening Multi-Sourcing and the Use of Near Shore Suppliers.

Optimal Sourcing 96

Optimal Sourcing Supply Chain Optimization Sourcing Strategies Price Mitigation Strategies 96

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. It had been a long night. However, I had little time to be tired. ” I smiled.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Logility

APRIL 2, 2020

If you can’t identify an outcome and a strategy to relate to the KPI, then you’ll be wasting time on data collection and analysis. Short Registration - Multi Part - BLOG FEATURED DOWNLOAD. Phone * Company * Job Title * Zip Code * Source Asset Source Download ID. 2 Identify and get access to the right data sources.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

ModusLink Corporation

SEPTEMBER 7, 2023

This blog delves into industry-leading inventory management best practices. Collaborative Supplier Partnerships: Recognizing the significance of supplier collaboration, these strategies foster strong partnerships, allowing large tech companies to achieve faster lead times, accurate order fulfillment, and cost-effective procurement.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

This blog delves into industry-leading inventory management best practices. Collaborative Supplier Partnerships: Recognizing the significance of supplier collaboration, these strategies foster strong partnerships, allowing large tech companies to achieve faster lead times, accurate order fulfillment, and cost-effective procurement.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

This blog delves into industry-leading inventory management best practices. Collaborative Supplier Partnerships: Recognizing the significance of supplier collaboration, these strategies foster strong partnerships, allowing large tech companies to achieve faster lead times, accurate order fulfillment, and cost-effective procurement.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

GlobalTranz

MAY 20, 2015

We have talked a great deal about the evaulation of suppliers on our blog and this post continues that great tradition. In fact, we are introducing our newest blog category so you may easily read all supplier quality management type posts here. . 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ).

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? What are you trying to accomplish through the execution of a customer segmentation strategy? During the year, I go to a lot of conferences. How do they buy from you?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

SYSPRO Smarter ERP

APRIL 17, 2023

In this blog post, we will explore how manufacturers can leverage this technology to achieve data-driven success. Performance metrics: Measure key performance indicators (KPIs) such as production output, cycle time, and quality metrics to track performance and make data-driven decisions that optimize operations.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Analytics Software Predictive Analytics Software 98

SYSPRO Smarter ERP

APRIL 24, 2023

The Association for Supply Chain Management’s Supply Chain Operations Reference (SCOR) model provides seven primary processes that will ensure order fulfilment is carried out properly and efficiently — Orchestrate, Plan, Order, Source, Transform, Fulfill and Return.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

QAD

AUGUST 12, 2021

If you’re reading this blog in 2021, you know about the increasing importance of sustainability and reduced environmental impact with fires in the western US, excessive flooding in Europe and a recent Canadian heat wave. Today, manufacturers view sustainability as a required corporate strategy for long-term business viability and success.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

Taulia

AUGUST 29, 2023

But, by adopting the following 11 best practices for supply chain management, businesses can lay the groundwork for a successful strategy and build a supply chain that meets their needs: 1. Source suppliers strategically Supply chains are ultimately made up of suppliers. Establish clear objectives Start by setting clear objectives.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Optimal Sourcing Sourcing Strategies 52

QAD

APRIL 13, 2023

At INTERPHEX 2023, QAD will share strategies leading Contract Development & Manufacturing Organizations (CDMOs) are implementing to keep customers happy while navigating these challenges. In April 2022, its new CEO Alessandro Maselli announced an acquisition of Metrics Contracts Services for $475 million just one month into the job.

Pharmaceutical 94

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 94

Supply Chain Game Changer

MAY 5, 2021

It’s something we’ve written about a lot on the Argentus Blog. Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. The post Resilience is the New Critical Supply Chain Strategy!

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

QAD

FEBRUARY 7, 2023

Create and Maintain a Strategy The person in charge of supplier relationship management must determine a strategy for each supplier so that the relationship remains efficient. Those in charge of SRM must establish a strategy that generates a beneficial relationship for both parties. appeared first on QAD Blog.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

EC Sourcing Group

MAY 17, 2023

Spend classification can often go unnoticed, despite its critical influence over successful procurement strategy. By categorizing suppliers based on their capabilities, expertise, and performance metrics, organizations can make informed decisions regarding supplier selection, evaluation, and relationship management.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Negotiate Pricing Sourcing Strategies 52

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

Supply Chain Shaman

APRIL 25, 2013

It is my hope that the readers of this blog will take time to either join us today to listen to the launch of the Supply Chain Index on our webinar or listen to the replay. (We The relationship between corporate financial performance and supply chain metrics was complex; and in my first attempts, I was unable to derive a correlation.

Supply Chain Design Software 257

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 257

GlobalTranz

NOVEMBER 30, 2021

When you track transportation metrics and KPIs like transit time, on-time pickups, and percent of truckload capacity utilized across your carrier partners, you can identify trends and opportunities for streamlined OTR transportation management. Across OTR Transportation Modes. Outsourcing and Managed Transportation Solutions.

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

crisp

DECEMBER 15, 2021

Step 1: Set the strategy. This is an inherent trade off, and therefore a decision to consider when you set your strategy. Once you’ve set your strategy and KPIs, it’s time to use process mapping to define the steps that will help you achieve those goals. Source : Where is the data stored, and who owns it?

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Supply Chain Matters

FEBRUARY 7, 2024

We believe that these inventory management, customer and last-mile fulfillment strategies will have industry wide implications in terms of competitive stakes and cost-to-serve. Amazon ’s aim in 2024 is to expand same-day delivery services globally to service more geographies with the goal of continuing to reduce the cost-to-serve metric.

Supply Chain Network Software 52

Supply Chain Network Software Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Supply Chain Shaman

MARCH 5, 2019

In this blog post, I give a framework to drive discussions. While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. The focus is on functional metrics, but are unable to get to overall supply chain metrics. Visibility. Considerations: Real-time?

Supply Chain Design Software 282

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 282

Logistics Viewpoints

DECEMBER 1, 2022

Source: Descartes Datamyne. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. Chris is a thought leader in logistics and has numerous articles and blog posts published in leading logistics and supply chain publications and online forums across the globe. Figure 1: U.S. Somewhat nailed it.

Predictive Analytics Software 199

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 199

ThroughPut

MARCH 24, 2024

Conditions of erratic demands, long-period metrics, and unavailability of raw materials have brought forth a plethora of problems: Trouble managing capacity with high peaks and troughs in demand for goods, capacity management has become a key concern. Excess inventories lead to excess wastage.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

Supply Chain Shaman

FEBRUARY 14, 2022

Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) I give you this evidence in this blog.). Organizations can align to drive value despite the allegiance to functional metrics. We source this data from Y charts. The process mistakes include: Mistake #1. Mistake #5.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

ThroughPut

OCTOBER 14, 2021

To satisfactorily cater to the global demand for concrete and avoid stockout situations, supply chains need to enable their logistics partners with updated digital models for both sourcing and deliveries. 3 strategies to avoid stockout situations by leveraging AI.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Supply Chain Matters

DECEMBER 20, 2022

Supply Chain Matters highlights published reports that indicate the sobering potential impacts of China’s policy makers in lifting most all of the restrictions related to the country’s Covid-19 omicron zero-tolerance strategies. based Institute of Health Metrics and Evaluation (IHME). All rights reserved.

Policies 52

Policies Predictive Analytics Software Sourcing Strategies Manufacturing Procurement 52

Supply Chain Matters

APRIL 20, 2022

The Supply Chain Matters blog highlights a revealing survey published this week regarding viewpoints relative to business sustainability and ESG actions which reflect both a call to action and a perspective of advanced technology enablement. . © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Survey 111

Survey Sustainability Cost Reduction Strategies Sourcing Strategies 111

SYSPRO Smarter ERP

NOVEMBER 3, 2021

The SCOR (Supply Chain Operations Reference) methodology has six high-level business activities that define the supply chain – plan, source, make, deliver, return, and enable. can be measured to define this metric. This metric will require investigation of specific processes and functions in order to uncover underlying issues.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

QAD

MARCH 9, 2023

That means looking at the right metrics. These two types of KPIs are complementary and “will empower a practitioner to visualize the profitability impact of a supply chain decision regarding production, distribution and sourcing.” Be influenced by metrics that transcend operations, profitability, and risk.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 95

Supply Chain Shaman

MAY 7, 2015

The answer for many teams I work with is to wave their hands and declare the need for an end-to-end supply chain strategy. Building the Effective End-to-End Strategy. While companies believe that there is opportunity to building an end-to-end strategy, there is no standard definition. Figure 1: Supply Chain Descriptors.

Sourcing Strategies 150

Sourcing Strategies Resource Reduction Optimal Sourcing Cost Reduction Strategies 150