IQMS

JUNE 25, 2019

By 2020, Discrete Manufacturing, Transportation & Logistics and Utilities industries are projected to spend $40B each on IoT platforms, systems, and services. The senior management team at the manufacturer says the pilots are worth it if they can find a way to increase inventory turns just 10% using blockchain and IoT.

Supply Chain Planning Software 83

Supply Chain Planning Software Pharmaceutical Optimal Sourcing Supply Chain Software 83

ToolsGroup

JULY 26, 2016

Boston Consulting Group talks about how the “endless aisles” of the internet and omni-channel sales increase product assortment. They don’t know how to segregate, forecast or inventory these “extreme error” items. Demand Sensing ” involves processing demand signals closer to the actual sales event. Sense Demand.

Forecasting 120

Forecasting Supply and Demand Optimal Sourcing Inventory Reduction 120

USC Consulting Group

JULY 21, 2020

Yet for business leaders – especially manufacturers and shippers – the words “unpredictability” and “uncertainty” will likely epitomize 2020, as they’re something organizations continue to experience as the country and consumers emerge from the nationwide lockdown amid supply chain disruption.

Supply Chain Disruption 72

Supply Chain Disruption Modeling Supply and Demand Demand Planning Software 72

Supply Chain Shaman

AUGUST 26, 2015

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). It was a cold, crisp winter in Boston.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. There is also no Santa Claus. Sorry to break the news.

Supply and Demand 150

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

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. Look at the gyrations of Boston Scientific and Eli Lilly for the same period of time. “ I scratch my head. This is the focus of this blog post.

Pricing Training 261

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 261

Arena Solutions

MARCH 9, 2023

Since 2015, PTC has hosted LiveWorx , a global forum that brings together manufacturing executives, engineers, product designers, quality leaders, supply chain partners, and other like-minded individuals who are focused on harnessing disruptive technologies to manage uncertainty and transform their business.

Supply Chain Design Software 77

Supply Chain Design Software Supply Chain Planning Software Modeling Software Optimization Software 77

ToolsGroup

MAY 18, 2022

Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. This made it incredibly difficult for manufacturers to accurately gauge the market size for production. Image source: Sturgis Journal. A Limited Number of Formula Manufacturers.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Pricing Training Purchasing Skills 156

ToolsGroup

SEPTEMBER 15, 2020

Our business fortunately hasn’t been significantly affected, aside from having our travel and events curtailed. I think almost everyone was astounded to see that something as basic as a face mask could not be procured at adequate levels in the US during the initial stages of the pandemic.

ToolsGroup 234

ToolsGroup Supply Chain Planning Software Supply Chain Software Modeling 234

6 River Systems

OCTOBER 30, 2019

Sarah Boisvert @fablabhub Sarah Boisvert is the author of The New Collar Workforce and founder of Fab Lab Hub that offers Digital Badges for skills such as 3D printing, robotics, CAD design and AI in manufacturing. Those inventory systems require more attention because of this (a human gig), as do programming and maintenance.

Warehousing 78

Warehousing Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 78

Supply Chain Shaman

JULY 15, 2021

The day before I traveled to Boston, I spoke to a client. Consumer goods manufacturers will pay 60-70% more in retail deductions, and the retail struggle to source for the holidays will worsen. We are taking the risk that everyone can get COVID shots to enable an in-person event in September. Use Market Signals.

Supply Chain Design Software 367

Supply Chain Design Software Supply Chain Planning Software Price Reduction Forecasting Software 367

Arena Solutions

DECEMBER 23, 2021

This article defines engineering change orders (ECOs) and describes the role they play in new product development (NPD) and manufacturing. These include manufacturing change orders (MCOs) and document change orders (DCOs). Engineering change order (ECO) definition. be implemented as planned and on time. ECO benefits.

Manufacturing Procurement 104

Manufacturing Procurement Supply Chain Design Software Cost Reduction Strategies Procurement Solutions 104

The Logistics & Supply Chain Management Society

JULY 21, 2020

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

QAD

NOVEMBER 18, 2021

The medtech industry association, MassMEDIC, recently held a “Virtual Supplier Showcase” event. The discussion dove deep into the state of the medtech supply chain and manufacturing. Joanne: “Abiomed delivered over $1M worth of PPE to local hospitals in the Boston area and we continue that line of communication and support to this day.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Network Software Resource Reduction Analytics Software 97

6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. China trade war has already put regionalization of manufacturing back on the table. Chinese manufacturers did the same as they evolved their operations during the 1990s and early 2000s.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

6 River Systems

JULY 25, 2019

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

ToolsGroup

JANUARY 16, 2023

In a world of too little, too late, real-time data provides the actionable insights companies need to maximize inventory performance and business profitability. The highly scalable platform processes and analyzes data quickly and applies configuration to provide actionable views of inventory.

ToolsGroup 156

ToolsGroup Real-time Visibility Optimal Sourcing Supply Chain Planning Software 156

Supply Chain Shaman

MAY 30, 2019

Social media awash with pictures of supply chain professionals attending the Lady Gaga event at SAP’s Sapphire, celebrating with drinks at the Gartner event, or rocking to the ZZ Top performance at JDA’s Icon conference trumpeted excitement. The news from these events? Sadly, the news is no new news. I watch in amusement.

Inventory Reduction 197

Inventory Reduction Waste Reduction Cost Reduction Strategies Sourcing Strategies 197