OptiProERP

AUGUST 19, 2022

Throughput is the time it takes for a product to pass through manufacturing processes on a machine-by-machine basis for a defined period. Throughput is an essential KPI , and a lean metric, as it evaluates performance. It is key to understanding how your manufacturing team is doing. Lack of machine(s) capacity to meet demand.

Manufacturing 52

Manufacturing Resource Reduction Waste Reduction Expense Reduction 52

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

Unleashed

APRIL 29, 2024

Work in process (WIP) inventory is typically found in manufacturing environments where goods undergo various stages of processing before being sold or used. Tracking WIP inventory is important for monitoring production efficiency, identifying bottlenecks, and managing costs within the manufacturing process.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Inventory Expense Reduction 52

The Logistics of Logistics

FEBRUARY 11, 2022

OTIF is a key supply chain metric. Zipline Logistics , founded in 2007, is a digitally enabled transportation partner specializing exclusively in serving the food, beverage, and consumer product manufacturers. Andrew Lynch and Joe Lynch discuss the true cost of OTIF failure. About Andrew Lynch. Zipline Logistics was selected as an Inc.

Cost Reduction Strategies 206

Cost Reduction Strategies North America Logistics Network Optimization Software Manufacturing Procurement 206

Supply Chain Shaman

OCTOBER 25, 2021

This is not a new problem; but it is exacerbated by volume increases, COVID labor issues, and port infrastructure capacity issues. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Figure 1: Current State of a Global Manufacturer of White Goods. There is no oversight or coordination. What to do?

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Supply Chain Shaman

OCTOBER 25, 2021

This is not a new problem; but it is exacerbated by volume increases, COVID labor issues, and port infrastructure capacity issues. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Figure 1: Current State of a Global Manufacturer of White Goods. There is no oversight or coordination. What to do?

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

OptiProERP

APRIL 17, 2022

The shop floor is the cornerstone of the manufacturing process. When well managed, the shop floor works at optimal capacity and with operational efficiency. When they implemented an MES integrated with a manufacturing ERP , real-time information about what was happening on the plant floor was available across the enterprise.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Manufacturing Demand Planning Software 52

Unleashed

AUGUST 20, 2023

If a manufacturer has to wait an extra day for raw materials to arrive, they might lose a customer. In manufacturing, for example, lead time refers to the amount of time it takes for a product to move through the entire production process , from when the initial order or request was made to the final delivery. Let’s dive in.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

The Logistics of Logistics

JUNE 7, 2021

OTIF is a key supply chain metric. Zipline Logistics , founded in 2007, is a digitally enabled transportation partner specializing exclusively in serving the food, beverage, and consumer product manufacturers. Andrew Lynch and Joe Lynch discuss the true cost of OTIF failure. About Andrew Lynch. Zipline Logistics was selected as an Inc.

Cost Reduction Strategies 147

Cost Reduction Strategies North America Manufacturing Procurement Logistics Network Optimization Software 147

The Logistics & Supply Chain Management Society

MAY 28, 2022

Port congestion, capacity constraints, large increases in rates across all modes, labour shortages and long delays in shipments—these are just some of the operating realities supply chain and logistics professionals face today. Do you know where the manufacturing facilities of your suppliers (and their suppliers) are physically located?

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

ThroughPut

APRIL 16, 2020

The relevance of digital transformation in manufacturing. PWC predicts that out of every 2,000 manufacturers, 86% will benefit from cost reductions and revenue gains from their digitization efforts over the next five years. As more and more manufacturers adopt digital technologies, industry 4.0 is gaining higher traction.

Resource Reduction 52

Resource Reduction Cost Reduction Strategies Waste Reduction Inventory Reduction 52

ThroughPut

APRIL 16, 2020

The relevance of digital transformation in manufacturing. PWC predicts that out of every 2,000 manufacturers, 86% will benefit from cost reductions and revenue gains from their digitization efforts over the next five years. As more and more manufacturers adopt digital technologies, industry 4.0 is gaining higher traction.

Resource Reduction 52

Resource Reduction Cost Reduction Strategies Waste Reduction Inventory Reduction 52

synchrono

JUNE 4, 2018

Managing operations through multiple manufacturing systems can be challenging, but it’s a daily reality for many manufacturers. For instance, one facility might operate in a make-to-stock mode and the other in a make-to-order mode even though they manufacture the same types of products for the same customers.

Supply Chain Planning Software 80

Supply Chain Planning Software Demand Planning Software Inventory Management Software Modeling Software 80

Supply Chain Shaman

MARCH 9, 2020

Few are given training on the technology deployed. Less than 10% of supply chain business leaders completed formal supply chain training, yet, all believe that they know the definition of supply chain excellence. In the supply chain, there are potential buffers—excess capacity in manufacturing work centers and inventory.

Supply Chain Design Software 301

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 301

ThroughPut

DECEMBER 3, 2019

Most importantly for ThroughPut, manufacturing and logistics operations in the industrial world are about to pick back up until Christmas. Back in the real world, I setup my new team to execute without me, creating a training system to empower newer younger employees. The only real metric that ticks for an Entrepreneur is burn rate.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Quality Manufacturing 52

Supply Chain Shaman

SEPTEMBER 3, 2015

There are two buffers in the supply chain: inventory and manufacturing capacity. As assets become more and more utilized manufacturing loses the ability to buffer volatility through manufacturing capacity optimization. It takes training. Technology Cannot Help if We Don’t Support it Organizationally.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

QAD

MARCH 23, 2021

Check out these upcoming training opportunities to expand your skill set with QAD’s new Adaptive UX functionality! Available QAD Training Courses. This detailed functional training will teach you to use the new Adaptive UX Action Centers and Key Performance Indicators (KPIs) to support the specific needs of your company.

Price Mitigation Strategies 81

Price Mitigation Strategies Buyer Training Training Optimization Software 81

Supply Chain Matters

JULY 12, 2023

This update addresses the equally growing importance for securing and retaining needed talent for companies who are considering or have invested in more responsive Cloud based software technology supporting tactical and operational planning supporting process and batch manufacturing process environments.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Predictive Analytics Software 52

Unleashed

AUGUST 14, 2023

Manufacturing operations need to implement effective production management tools and processes to reduce the cost of producing goods. Production management aims to monitor and improve your manufacturing performance. The importance of production management in manufacturing Production management in manufacturing is vital.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Predictive Analytics Software Modeling Software 52

Supply Chain Shaman

FEBRUARY 22, 2015

The more that I work on supply chain metrics, the more that I believe that both the SCOR model and the Gartner Hierarchy of Supply Chain Metrics (which I worked on for the period of 2006-2010) reward functional, not end-to-end supply chain behavior. The supply chain has two buffers: inventory and manufacturing excess capacity.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Modeling Software 150

Unleashed

MAY 22, 2022

As Ben Vear puts it: “Business is keeping up with category growth, and category growth keeping up with manufacturing bases? Dairy alternatives haven’t, so they’ve outgrown the capacity globally of manufacturers.” A cautionary tale is provided by the dairy alternative category. The lesson? Three Spirits’ solution?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Forecasting Software 98

Kinaxis

NOVEMBER 26, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Some companies prevent access to data to prevent trade secrets (or in the case of US military manufacturers ITAR regulations prevent foreign nationals from accessing manufacturing data).

Supply Chain Planning Software 256

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 256

New Horizon Supply Chain Blog

AUGUST 30, 2023

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S. Adrian Mitchell, CFO, Macy’s, Inc.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

SCMDOJO

JULY 24, 2023

Suppliers and Manufacturers: Suppliers and manufacturers are the entities that produce or provide the goods needed by the shippers. Reverse Logistics: Reverse logistics involves managing the flow of goods from the customer back to the manufacturer or supplier.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Supply Chain Shaman

MAY 13, 2015

Let me start with a true confession: I am a manufacturing gal. I relished the sound of a manufacturing line when I opened the door of the factory in the morning, and I liked managing inputs so that we could maximize outputs. Manufacturing is the foundation of my interest in supply chain management. It is now part of my DNA.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Supply Chain Shaman

FEBRUARY 23, 2015

port capacity and are critical for Asian trade. There is a need to re-shore where possible, and relocate manufacturing and supplier relationships. With the rise of the global multi-national, Asian flows are essential to today’s manufacturing operations. It is not trivial. This is not going to be pretty.

Long Beach 150

Long Beach Los Angeles Supply Chain Design Software Supply Chain Design 150

Kinaxis

NOVEMBER 18, 2016

by Alexa Cheater Henry Ford has become synonymous with revolutionary advances in manufacturing. As an early technology adopter and strong proponent of innovation, Ford was more than a manufacturing master. Silos, conflicting metrics, lack of visibility and poor communication are all hurdles today’s supply chains have to leap over.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 100

OptiProERP

AUGUST 17, 2022

What’s covered in this blog: What KPIs are in manufacturing. The difference between KPIs and metrics. Why manufacturers should use KPIs. The top 12 manufacturing KPIs and how to calculate them. Manufacturing KPIs are quantifiable measures of production performance. What is the difference between KPIs and metrics?

Manufacturing 52

Manufacturing KPI Expense Reduction Cost Reduction Strategies 52

ThroughPut

DECEMBER 6, 2023

Not so surprisingly, the 2021 MHI Annual Industry Report found that 31% of the respondents were already using predictive analytics in some capacity, and 48% were planning to invest in it in the next 5 years. Capacity Planning Capacity planning is a critical aspect of supply chain management.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

NC State SCRC

APRIL 3, 2019

The type of contract of interest in this report is for Development and Manufacture contracts in the Aerospace and Defense industries. The subcontract efforts feature the majority of military and part of commercial aviation, systems are outsourced by the overall airframe manufacturer, known as “primes” (Boeing, Airbus, Sikorski, etc.)

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

New Horizon Supply Chain Blog

JULY 15, 2022

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S. Adrian Mitchell, CFO, Macy’s, Inc.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Predictive demand can propose prices changes, subject to stock levels and replenishment capacity. This challenge has contributed to the slowdown or cessation of production in some sectors (e.g.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Unleashed

MARCH 24, 2024

Many manufacturers use lean methods to cut costs and improve efficiencies in their business. But ‘lean’ is a very broad concept and the ways that manufacturers ‘go lean’ vary considerably. Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

Silvon Software

APRIL 8, 2022

To achieve this growth, successful manufacturers today are relying on key performance metrics and automating many aspects of their data management processes to gain valuable business insights that can be used to meet their organizations’ performance goals. The Basics of Manufacturing KPIs. Every KPI needs a clearly defined goal.

Optimal Sourcing 115

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 115

Logility

MARCH 31, 2022

Potential risks can be reduced and even eliminated by properly onboarding vendors, establishing Standard Terms of Engagement, conducting authorizations and assessments, providing training, tracking vendor performance with scorecards and issuing and managing corrective action plans (CAPs) when issues arise. Good manufacturing practices (GMP).

Vendor Strategies 26

Vendor Strategies Global Supply Chain Design Software Supply Chain Planning Software 26

MIT Supply Chain

JANUARY 15, 2015

A shipment of medical equipment that arrived on January 12, 2015, in Monrovia, Liberia, from Miami, US, will enable 25 government hospitals to receive infection control training, helping the facilities which were partially or fully closed owing to the Ebola crisis to recommence regular operations.

Liberia 40

Liberia Manufacturing Procurement Cargo Supply Chain Design Software 40

Logistics Bureau

NOVEMBER 16, 2020

These include the following: Certified Purchasing Manager (CPM): The course is designed to recognise those who have acquired an acceptable level of training, skills, work experience, and effectiveness as a Professional Manager. These are the highly trained professionals who control company capital and cash flow. Finance managers.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96