SCMDOJO

JUNE 6, 2023

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. Efficiently managing inventory is crucial for maintaining optimal cash flow and meeting customer service expectations.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 92

Supply Chain Shaman

JANUARY 21, 2014

<In fact, so much so that I wrote a book about it.> For example, in a hospital, it is the translation of usage in a procedure to hospital order to a distributor and the translation of that usage to an order for a manufacturer. ” (For more on this topic check out the book, The Business Forecasting Deal. ).

Supply and Demand 351

Supply and Demand Modeling Demand Planning Software Forecasting 351

Supply Chain Shaman

OCTOBER 1, 2013

Both companies provide packaging materials to the food manufacturing industry. Sonoco Products, on the other hand, had a clear objective to maximize asset utilization while improving customer service for strategic customers. billion company, manufactures glass containers with headquarters in the Midwest.

Illinois 253

Illinois Waste Reduction Supply Chain Planning Software S&OP 253

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. Read on to learn how you can make your supply chain function with less cost, greater efficiency, and improved customer service —or perhaps all three—by handing off some relevant activities to an external contractor.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. The answer depends, of course, on your company’s objectives and, particularly, on your customer service promises. What Next for Toyota IM?

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Supply Chain Shaman

OCTOBER 8, 2019

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Nine times out of ten improving customer service requires different management of the budget cycle and a rethinking of financial planning. Background. These are natural shock absorbers.

Supply Chain Design Software 191

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 191

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

Manufacturers have realized that while they may aim to be stable, what they really need is to be agile. The new normal for manufacturers. The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. A major challenge for IM&E manufacturers is managing inventory. Operations.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Forecasting Software 115

Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. For more on this topic, read the book Supply Chain Metrics That Matter.

Supply Chain Planning Software 344

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 344

Supply Chain Shaman

NOVEMBER 9, 2014

Proudly, I had led my division to have the lowest manufacturing costs with the highest Return on Assets. I believed that we would find a company with the lowest distribution costs (warehousing and transportation), and the lowest manufacturing costs, and this would result in the best overall cost structure. I was wrong.

Manufacturing Procurement 290

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 290

Supply Chain Shaman

SEPTEMBER 3, 2015

While I agree that companies need to right size inventory to maximize ROIC and improve customer service, there are many underlying decisions that I feel many companies do not make consciously. Cycle stock is the management of stock required to cycle through production runs and procurement buys effectively. My Insights.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Shaman

DECEMBER 29, 2016

In parallel, I see companies that are very focused on inventory strategies–form and function of inventory, and push/pull decoupling points with clarity of inventory targets–are better able to improve customer service and inventory levels. Each year we take the best-read blog posts and make a softcopy book.

Inventory Reduction 0

Inventory Reduction Supply Chain Planning Software Forecasting Gartner 0

Supply Chain Shaman

APRIL 6, 2017

My point of view is that Supply Chain Effectiveness is improving process responsiveness for customer service while driving a positive change in Return on Invested Capital and Price to Tangible Book Value of publicly traded companies.) Can substrates be manufactured with yeast? What is possible with reclaimed materials?

Supply Chain Software 204

Supply Chain Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 204

Supply Chain Shaman

SEPTEMBER 20, 2015

Most supply chain planning teams do not know their customers. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Precoro

JANUARY 30, 2023

How a PO System Can Improve the Procurement Process Eliminates Human Error Manual document processing can lead to mistakes at any moment, from misplacing or losing a purchase order to forgetting to send it for approval or to the vendor. Let's look at the specific benefits of purchase order tracking software.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Supply Chain Planning Software Supply Chain Software 52

Supply Chain Shaman

NOVEMBER 6, 2016

This allows shared services of procurement and transportation to function smoothly to achieve the economies of scale. Without this discipline, the global organization cannot actualize buying power in procurement or lower costs and improve costs/customer service in transportation. Planners need time to plan.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Scenario Planning 150

Supply Chain Shaman

MAY 7, 2015

The company that plays to win does not strive to have the best manufacturing costs, or the best procurement practices; instead, the team focuses on winning together cross-functionally on a commonly held portfolio of metrics. Great customer satisfaction should never hinge on heroics. Instead, they play to place first overall.

Sourcing Strategies 150

Sourcing Strategies Resource Reduction Optimal Sourcing Cost Reduction Strategies 150

ThroughPut

OCTOBER 22, 2021

Supply Variability: Supply variability can occur at the procurement level as well as in-store inventory levels. When demands for goods escalate, insufficient resources for procuring components can lead to unmet consumer demand. To reduce risks across your global supply chain, book a demo with Throughput here.

Inventory Reduction 52

Inventory Reduction Expense Reduction Resource Reduction Cost Reduction Strategies 52

Supply Chain Shaman

JUNE 3, 2024

similarly, over 95% of manufacturers invested and implemented supply chain planning, but their primary tool today is Excel. How does the plan tie to the balanced scorecard of growth, inventory health, operating margin, customer service, and Return on Invested Capital (ROIC)? ” Does the Dog Hunt? So, does this dog hunt?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 195

GlobalTranz

JULY 29, 2015

One company may outsource IT hosting capabilities while another outsources customer service and yet another fulfillment needs. A distributor or manufacturer’s strength is in making product—its focus is procurement and streamlining production, but without the capability to fulfill orders, it is doomed.

Transportation Management 120

Transportation Management Transportation Report Demand Planning Software 120

Enterra Insights

MAY 31, 2019

” The quote finds its origins in Sir Francis Bacon’s book Meditationes Sacrae , which was published in 1597. “Facebook was still competing with MySpace for traffic,” he writes, “Amazon was primarily known for selling books, and the iPhone was just released. “Customize services to meet customer needs.

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

ThroughPut

DECEMBER 4, 2022

Some of the benefits of this include: Lesser operational costs Optimum stock levels with greater ROI on inventory turnover Improved customer service levels Better management of SKUs for long-term profitability Alignment to predictability of demand, delivery lead time, and delivery accuracy of each item.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

Infosys Supply Chain Management

JUNE 20, 2012

Communication Services. Financial Services. Industrial Manufacturing. Customer Service. Sourcing & Procurement. Customer Service. Sourcing & Procurement. AssistEdge – Customer Service Experience. ProcureEdge – Sourcing & Procurement.

Asset Management 31

Asset Management Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 31

Supply Chain Movement

MARCH 12, 2015

at Uyguroglu is responsible for logistics and customer service operations of the company’s 30 brands in Turkey and Central Asia where there are eight factories, including one of the world’s largest ice-cream factories. A: “I am responsible for running Customer Services and Logistic Operations for all categories we operate in Turkey.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Design Software Waste Reduction Turkey 60

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Therefore, a firm would be well served to develop a supply chain strategy as described in my book: Supply Chain Transformation.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

GlobalTranz

JANUARY 4, 2016

We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. We have already covered the top 6 trends for 2016 in manufacturing. 2016 Supply Chain Trend #6: Procurement’s New (read Bigger) Role in the Supply Chain.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

Supply Chain Shaman

FEBRUARY 25, 2016

The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. The digital transformation requires the building of outside-in supply chain capabilities to sense shifts market-to-market, from the customer’s customer to the supplier’s supplier. Barrier #1.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Logistics Bureau

OCTOBER 6, 2017

Getting the Service Policy Right. One of the fastest ways I know to burn money in Supply Chain management is not to have clear customer service policies or to have service policies that are poorly implemented and communicated. 3) Don’t have a one size fits all customer service policy.

Cost Reduction Strategies 40

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 40

QAD

DECEMBER 10, 2019

Consider a story from Seth Stephens-Davidowitz’s book, Everybody Lies on the topic of big data. Manufacturers Thrive on Timely Information. Many manufacturers still rely on outdated processes or fail to understand the role supplier integration plays in maximizing global supply chain performance. Enhance Product Connectivity.

Manufacturing Procurement 134

Manufacturing Procurement Real-time Visibility Inventory Reduction Cost Reduction Strategies 134

Supply Chain Shaman

OCTOBER 20, 2012

However, based on the research for the book Bricks Matter , I now sadly know that only one of these statements is true. Repeatedly, I heard that supply chain applications have saved costs, reduced inventory and improved customer service. Here I share insights on my journey to understand the truth. The Lies That I have Told.

Inventory Reduction 264

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 264

Infosys Supply Chain Management

JANUARY 15, 2014

Communication Services. Financial Services. Industrial Manufacturing. Customer Service. Sourcing & Procurement. Customer Service. Sourcing & Procurement. AssistEdge – Customer Service Experience. ProcureEdge – Sourcing & Procurement.

Expense Reduction 39

Expense Reduction Agile and Lean Supply Chain Pharmaceutical Supply Chain Strategy 39

Infosys Supply Chain Management

MARCH 8, 2013

Communication Services. Financial Services. Industrial Manufacturing. Customer Service. Sourcing & Procurement. Customer Service. Sourcing & Procurement. AssistEdge – Customer Service Experience. ProcureEdge – Sourcing & Procurement.

Price Reduction 24

Price Reduction Agile and Lean Supply Chain Pharmaceutical Supply Chain Planning Software 24

Infosys Supply Chain Management

DECEMBER 29, 2011

Communication Services. Financial Services. Industrial Manufacturing. Customer Service. Sourcing & Procurement. Customer Service. Sourcing & Procurement. AssistEdge – Customer Service Experience. ProcureEdge – Sourcing & Procurement.

Manufacturing Procurement 29

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 29

NC State SCRC

DECEMBER 8, 2019

These questions are predicated in large part on the ideas promulgated in “ The LIVING Supply Chain ”, Tom’s previous book. In this book, he emphasizes the importance of material being in motion. These concepts while perhaps abstract, are also linked to the concepts underpinning “ The Physics of Life ”, a book by Adrian Bajan.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Design 52

NC State SCRC

MAY 6, 2024

Indeed, the field has also exploded into an entire software industry devoted to a number of various areas, including Manufacturing Planning and Control, OPM, warehouse management systems, transportation management systems, retail assortment planning, and a variety of other areas that are now evaluated annually by Gartner. Think about it.

Supply Chain Design Software 52

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

Requis

OCTOBER 30, 2020

He provides a wide array of educational content for supply chain practitioners, including the Supply Chain Secrets channel on YouTube and a number of books, including his latest, Supply Chain Secrets. 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

DELMIA Quintiq

OCTOBER 8, 2021

Leading European paperboard producer Metsä Board, which makes premium lightweight paperboards from wood fibers, strives to be a frontrunner in sustainability and customer service. Manufacturing Operations Management Community. Global Manufacturing Suite – Center Of Excellence #7 – Members, Size and Structure.

Manufacturing Procurement 31

Manufacturing Procurement Optimal Sourcing Procurement Solutions Lean 31

Supply Chain Shaman

NOVEMBER 15, 2021

Sitting waiting for a confirmed booking.) Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. Instead, align the organization on balanced scorecard of customer service, margin, growth, inventory turns and Return on Invested Capital.

Supply Chain Design Software 322

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 322