ToolsGroup

JUNE 8, 2018

Source: Gartner Research. Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value.

Modeling 197

Modeling Optimal Sourcing Inventory Reduction Demand Planning Software 197

Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. HarbisonWalker International Manufactures and Distributes Refractory Products. Refractories are products that have been chemically engineered to resist high temperatures.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

Logility

AUGUST 24, 2023

Your Comprehensive Guide to Production Planning Software The benefits of production planning software vs scheduling are about the granularity of the plan: capacity plans (or master production schedules) are not granular and factor in less granular things, like high level capacity, forecasts, inventory, and transfer times.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 147

NC State SCRC

MARCH 17, 2021

Prices for polyethylene, polypropylene and other chemical compounds used to make auto parts, computers and a vast array of plastic products have reached their highest levels in years in the U.S. For one of the high grade ethylene required, there is only one manufacturer in North America, who is in Texas (Eastman Chemical).

Texas 52

Texas Chemicals Supply Chain Design Software Supply Chain Design 52

Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . based manufacturing facilities had soared by over 116 percent. Prediction Background.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Supply Chain Shaman

JULY 18, 2017

Last week, I spent time with large chemical companies engrossed in this discussion. Let’s take a look at the world of the chemical manufacturer. As shown in Figure 1, the company has been unable to maintain balance on the portfolio of cost and inventory. Acquisitions drove DOW Chemical’s wide swings.

Supply Chain Planning Software 197

Supply Chain Planning Software Chemicals Supply Chain Design Software Sourcing Strategies 197

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

OptiProERP

JANUARY 7, 2020

Business owners, CEOs, and CFOs know that positive cash flow is the heart and soul of rapidly growing manufacturing and distribution businesses. Let’s take a quick look at some of the ways that a manufacturing or distribution enterprise can use positive cash flow as an advantage. It can be: . Invested in additional assets .

Real-time Visibility 86

Real-time Visibility Manufacturing Procurement Material Savings Inventory Reduction 86

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. The reason? The reason? Is this leadership?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Supply Chain Shaman

MARCH 5, 2019

While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. Contract manufacturing or 3PL data often will have a 24-hour latency due to batch integration. I was at a customer last week that shipped to distributors and did not know the site of customer facilities.

Supply Chain Design Software 282

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

Supply Chain Matters

DECEMBER 13, 2022

Disruptions were brought about not only by the persistent and recurring spread of Covid -19 infections globally, but also significant storms and natural disasters, a one-week blockage of one of world’s most transited shipping canals, followed by complete disarray among global shipping schedules. seen as a likely alternative.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Optimization Supply Chain Software Supply Chain Strategy 52

ThroughPut

DECEMBER 3, 2019

You can’t just turn around a giant cargo ship. Even at some of the world’s best supply chains, redirecting chemicals and other products is a Herculean effort. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective ways to mitigate risk is to ship smarter.

Material Savings 52

Material Savings Manufacturing Procurement Shipping Saudi Arabia 52

OptiProERP

JANUARY 7, 2020

This blog is part of a three-part series on how cloud ERP enables manufacturers to achieve operational excellence. In the series, we also cover how cloud ERP helps manufacturers deliver a best-in-class customer experience and drive companywide value through adoption and digitization. It can be: . Invested in additional assets .

Real-time Visibility 72

Real-time Visibility Optimal Sourcing Manufacturing Procurement Material Savings 72

ThroughPut

FEBRUARY 1, 2023

u can’t just turn around a giant cargo ship. Even at some of the world’s best supply chains, redirecting chemicals and other products is a Herculean effort. And when shipping to volatile countries, it becomes even harder. Once the cargo has shipped, there is no “backsies.” goods is more complex than it used to be.

Material Savings 52

Material Savings Price Reduction Expense Reduction Sourcing Strategies 52

RFgen

MARCH 12, 2024

In inventory management, the FIFO (First-In, First-Out) method takes center stage, offering a performance of unmatched clarity and efficiency in the world of stock control. Imagine your inventory as a flowing river, where the oldest water—your earliest products—moves forward to be used first, ensuring nothing stagnates or loses its relevance.

Inventory Management Software 79

Inventory Management Software Inventory Reduction Inventory Management Material Savings 79

Supply Chain Shaman

AUGUST 7, 2019

In my work with manufacturing companies recently, I am thinking a lot about the need for diagnostic testing. ” Or alternatively, “Is there data that could be sourced to help?” Most companies cannot get to data by customer on orders shipped incomplete to understand root cause analysis. inventory turns.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

ThroughPut

OCTOBER 28, 2019

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations. You can’t just turn around a giant cargo ship. Even at some of the world’s best supply chains, redirecting chemicals and other products is a Herculean effort. And when shipping to volatile countries, it becomes even harder. By Ali Hasan Raza.

Saudi Arabia 40

Saudi Arabia Material Savings United Arab Emirates Shipping 40

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. In one article , Mr. Sorenson points out that IBP works better for small manufacturers than large ones. The company ships directly to customers and also to distributors.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

Supply Chain Shaman

MAY 13, 2015

Forty years ago as a chemical engineering student, I learned the tedious craft of chemical plant design. Getting good at factory design is a merit badge of sorts for the chemical engineer. Getting good at factory design is a merit badge of sorts for the chemical engineer. In this position, we designed real-world plants.

Supply Chain Design Software 150

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

Resilinc

OCTOBER 11, 2022

There are a lot of hard-headed realists in the procurement and supply chain profession. In this Q&A, Chaturvedi shares his views on rebuilding American manufacturing, reshoring, nearshoring, and other topics of the moment in supply chains. Resilinc: What’s the current status of reshoring manufacturing? That’s good news.

Manufacturing Procurement 62

Manufacturing Procurement China South Carolina Mexico 62

Global Trade Management

SEPTEMBER 4, 2023

Research conducted by Label Insight revealed that 81% of consumers actively seek more information about where their food is grown or raised before purchasing. Biosecurity incidents occur when products are contaminated with pathogens, chemicals, or other harmful substances that can compromise health and safety.

Food 59

Food Meeting Pricing Training Supply Chain Design Software 59

Supply Chain Shaman

JANUARY 18, 2016

Manufacturers are Now Selling Directly to Consumers. Retailers can no longer have their heads in the sand, but neither can consumer products manufacturers. Note that apparel manufacturing is growing and apparel retail is declining. Only beauty, chemical and Over-The-Counter (OTC) Drugs made progress in operating margins.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

Unleashed

FEBRUARY 15, 2021

It’s become even more important that businesses navigate multiple supply chains with food manufacturing software. While tracing the origin of a food source and viewing transparent information about its manufacturing process has certainly grown over recent years – there’s no doubt the pandemic has sped up consumer demand for this.

Food 93

Food Trends Industrial Industry 93

QAD

FEBRUARY 26, 2019

Belgium is bordered by France, Germany, Luxembourg and Netherlands, and has a robust shipping infrastructure including multiple ports, making it a perfect location for trade both within the EU and with other geographic regions. Manufacturing in Belgium. Manufacturing accounts for about 22 percent of the GDP.

Belgium 66

Belgium Manufacturing Procurement Netherlands France 66

AFFLINK

JULY 13, 2016

Indirect spend can consume up to 50% of purchasing dollars and turn profitability into loss. That is to say, the indirect supply chain is everything you need to keep your business functioning, excluding the actual product or products being manufactured. Janitorial maintenance: cleaning chemical, hand towels, and restroom tissue.

Optimal Sourcing 48

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Software 48

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). ” They questioned, “ How long will this recession last?

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Elementum

DECEMBER 2, 2015

China’s Tianjin port suffered a devastating explosion in August which left many manufacturers, insurers and shipping supply chains crippled. The company saw huge inventory and other factory investment losses in the explosion. Supply Chain and Shipping. We take a look at the lasting consequences. Cut Downs and Losses.

Manufacturing Procurement 60

Manufacturing Procurement Cost Reduction Strategies Price Reduction Chemicals 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. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

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

BlueYonder

DECEMBER 26, 2017

By the end of 2020, one-third of all manufacturing supply chains will be using analytics-driven cognitive capabilities, thus increasing cost efficiency by 10% and service performance by 5%. Manufacturers that can speed their adoption of digital capabilities in order to create business value will be the leaders of their industry.".

Supply Chain Design Software 95

Supply Chain Design Software Analytics Software Supply Chain Software Modeling Software 95

RFgen

AUGUST 14, 2017

A naval ship at sea loses navigation abilities. These counterfeits featured markings normally found on legitimate parts from “approximately 35 major electronics manufacturers, including Motorola, Xilinx, and National Semiconductor.” A fighter jet suffers a critical system failure during flight.

Aerospace 52

Aerospace Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 52

EMERGE App

OCTOBER 21, 2018

If you’re dealing with chemicals in your business, you have an obligation to store and transport these chemicals safely. Also, you need to comply with various government laws and regulations that include keeping a proper record of hazardous chemicals. Hazardous Chemical Storage Laws Around the World. United States.

Chemicals 53

Chemicals Inventory Management Software Modeling Software Demand Planning Software 53

Unleashed

JULY 27, 2023

How you assemble your products decides how efficiently your manufacturing business operates. The solution to high costs and inefficient production is to implement the best manufacturing processes for your requirements. In this list of manufacturing processes What are manufacturing processes?

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Waste Reduction Material Savings 52

IQMS

SEPTEMBER 6, 2018

Like manufacturing, warehouses, and the systems that manage them, are going through an inflection point. A recent survey completed by IQMS of 151 North American manufacturers found that the fastest growing manufacturers can orchestrate analytics, Business Intelligence (BI), mobile and real-time monitoring to grow 10% faster than their peers.

Supply Chain Planning Software 41

Supply Chain Planning Software Modeling Software Analytics Software Inventory Management Software 41

Talking Logistics

MAY 13, 2015

Like the multi-billion dollar chemical manufacturer that had been paying market rates for ocean transportation for eight years because nobody realized that their contract, filed away in a drawer by a transportation manager who had left the company, had expired. From the article: Columbia Sportswear added $415.6 million.

Supply Chain Software 100

Supply Chain Software Procurement Analytics Analytics Software Supply Chain 100

Elementum

MAY 1, 2018

Potential Sources of Disruption. Identifying sources of risk and developing a plan are only part of the story. What alternative plants/factories/sources of supply do they have at their disposal? West Coast Port Strike Disrupts Shipping Lanes. Unplanned IT or telecommunications outage. Cyberattack and data breach.

Pharmaceutical 94

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 94