OptiProERP

FEBRUARY 8, 2024

Additive Manufacturing (AM), often called 3D printing, has emerged as a revolutionary technology potentially transforming traditional production processes. This blog post will explore the intersection of additive manufacturing and ERP. This blog post will explore the intersection of additive manufacturing and ERP.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Design Software 52

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. This chemical manufacturer is converting its entire distribution system to containers. This will help a company become more profitable.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Supply Chain Shaman

APRIL 16, 2024

Can we build collaborative platforms for role-based discussions across commercial (sales and marketing) and operations (manufacturing, logistics, and purchasing) teams? Through work with Georgia Tech, the supply chain team can affect 70% of market capitalization in the food, chemical, and pharmaceutical industries.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 219

Supply Chain Shaman

JUNE 29, 2022

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor. I am the most worried about the chemical sector. Does this solve the problem? When I get this question, I swallow hard.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 256

DELMIA Quintiq

MAY 11, 2022

It can be made with many different characteristics, for example, different chemical compositions to increase strength, durability, etc. Instead of waiting for those large-scale changes to happen, steel manufacturers can start now and transform their operations for greater efficiency. Technological challenges. Supply chain challenges.

Material Savings 317

Material Savings Supply Chain Planning Software Optimization Software Analytics Software 317

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor.” I am the most worried about the chemical sector. Does this solve the problem? When I get this question, I swallow hard.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

QAD

NOVEMBER 17, 2022

Just when manufacturers and distributors thought some semblance of “normal” might be returning, the possibility of a railroad strike has resurfaced. Rail transportation is the best choice to move raw materials, ingredients, packaging, work-in-process, finished goods and essential supplies like fuel, solvents and processing chemicals.

Scenario Planning 95

Scenario Planning Supply Chain Planning Software Supply Chain Planning S&OP 95

Unleashed

FEBRUARY 21, 2022

As 2022 kicks in, the manufacturing sector is being shaped by technological change and the Covid-19 pandemic. Digital, connected and smart systems are on the rise, while at the same time manufacturers face challenges such as the ‘Great Resignation’ and clogged-up supply chains – as well as increasing demand for sustainable products.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 98

DELMIA Quintiq

MAY 27, 2015

With such a tight deadline, you can’t afford to waste time combing through lengthy reports to come up with fresh strategies that could or could not work. First, you’ll get strategies to critical planning challenges like the ones below: Managing supply chain disruptions. Optimizing inventory in S&OP.

Inventory Reduction 120

Inventory Reduction Waste Reduction Cost Reduction Strategies Supply Chain Planning Software 120

BR Williams Supply Chain Management

JANUARY 18, 2021

Warehouse inventory management systems (WMS). The ideal situation for any retailer or manufacturer is to have just enough inventory on hand to sell or to keep production lines running smoothly. TIP: Don’t settle for a distribution management strategy that isn’t right for your business. Customer Perspective.

Inventory Reduction 89

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 89

AIMMS

NOVEMBER 2, 2020

Most chemical companies think they have a high sales and operation planning (S&OP) maturity, but do they really? Cross-functional alignment is a complex challenge for chemical companies. S&OP helps you effectively achieve your company strategy. How mature is S&OP at your chemical company? – Tweet this.

Chemicals 317

Chemicals S&OP Demand Planning Software Purchasing Skills 317

Supply Chain Shaman

APRIL 30, 2020

The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. However, supply chain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm. Rethink Manufacturing. Why does this matter? Recommendation.

Supply Chain Design Software 353

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 353

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 201

Supply Chain Planning Software Chemicals Supply Chain Design Software Sourcing Strategies 201

ThroughPut

FEBRUARY 1, 2023

Even at some of the world’s best supply chains, redirecting chemicals and other products is a Herculean effort. companies with global operations, one of the most effective global value chain strategies and supply chain strategies is to mitigate risk by shipping smarter. In the current political climate, U.S.

Material Savings 52

Material Savings Price Reduction Expense Reduction Sourcing Strategies 52

RFgen

OCTOBER 7, 2020

Healthcare, chemical and oil sands are especially hard hit. Companies must prioritize mobility solutions that increase inventory visibility and optimize supply chains. Quick and urgent strategy changes have been required. Why Inventory Accuracy Matters. Winning Healthcare Supply Chain Strategies.

Supply Chain Optimization 94

Supply Chain Optimization Supply Chain Software Optimization Software Supply Chain Design Software 94

Logistics Viewpoints

JULY 22, 2021

nodes), flows of the products between origin-destination pairs, and policies (inventory, replenishment, asset utilization etc) with no clear accountability on how the recommendations make their way into planning and execution. Strategic placement of inventory buffers to ensure sufficient ability to absorb shocks. He received his Ph.D.

S&OP 244

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

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Based in Paris, L’Oréal is a global personal care manufacturing company.

Case Study 257

Case Study Inventory Reduction Agile and Lean Supply Chain Study 257

Supply Chain Shaman

AUGUST 7, 2019

In my work with manufacturing companies recently, I am thinking a lot about the need for diagnostic testing. Recently, I conducted a strategy session was with a major consumer products company selling cosmetics. inventory turns. inventory turns. for inventory turns define best-in-class performance?

Supply Chain Design Software 252

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 252

Logistics Viewpoints

APRIL 1, 2021

Collaborating with suppliers on demand forecasts, inventory, and capacity: Supply chain teams can make optimal projections of material and capacity needs by supplier. Through collaboration, supplier inventories can be closely monitored for any shortages and proactive interventions. This can in turn benefit Tier 2 suppliers and beyond.

Optimal Sourcing 188

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 188

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

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions. Tracking Progress.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Shaman

SEPTEMBER 22, 2021

In our research, we find that 72% of planners primarily depend on Excel and desktop analysis despite the rollout of advanced platforms for planning in 92% of manufacturers with greater than 5B$ in revenue. Similarly, after the conference, I started working with a chemical company to formulate a supply chain strategy.

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. My question is, “Why?” Growth requires cash. The reason?

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Supply Chain Shaman

JULY 25, 2021

Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). Lack of Focus on Form & Function of Inventory and Designing Network Flows. As supply chains moved from regional to global, intransit and cycle inventories increased.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

IQMS

AUGUST 15, 2018

92% of all manufacturers say they are either on the same level as or ahead of their peers when it comes to Digital Manufacturing. 68% of manufacturers are making Digital Manufacturing their highest priority today. Key takeaways from the digital manufacturing study. You can download the report here (PDF, 24 pp.,

Manufacturing 40

Manufacturing Supply Chain Software Analytics Software Inventory Reduction 40

ToolsGroup

MARCH 13, 2018

PwC’s recent survey of German manufacturers said that 85 percent of the spare parts providers assert that 3D printing will play a dominant role in their business. how to segment your inventory portfolio to determine which spare parts in your supply chain are best suited for 3D printing versus other approaches.

Supply Chain Planning Software 180

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 180

AIMMS

MARCH 4, 2021

Most chemical companies think they have a high sales and operation planning (S&OP) maturity, but do they really? Cross-functional alignment is a complex challenge for chemical companies. S&OP helps you effectively achieve your company strategy. How mature is S&OP at your chemical company? – Tweet this.

Chemicals 156

Chemicals S&OP Demand Planning Software Purchasing Skills 156

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Unleashed

JULY 25, 2021

Let’s look at how smart food businesses can reduce their waste – and how the right food manufacturing software helps them do it. Sustainable food waste management therefore looks at strategies to reduce waste where it occurs, before it occurs. How can food and beverage manufacturers reduce their waste?

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

Enterra Insights

OCTOBER 3, 2023

He explains, “For the last few years, the term Digital Twin has been at the top of the buzzword list for manufacturers and industrial companies, often meaning different things in different production environments. It doesn’t necessarily have to be an industrial system but can be a biological, chemical, ecological, or any other system.”

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 130

Supply Chain Shaman

MARCH 5, 2019

Contract manufacturing or 3PL data often will have a 24-hour latency due to batch integration. When they built the project, they did not realize that they did not have access to daily data daily for their third-party warehouses and contract manufacturing locations. 2) Latency. 3) Granularity. Master data. The devil is in the details.

Supply Chain Design Software 286

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 286

Supply Chain Matters

JANUARY 10, 2023

In a previous posting, we published Part One of this multi-part series which highlighted our first prediction , that supply chain management teams should anticipate a considerable amount on uncertainty and that a significant challenge will be to avoid complacency in strategies and actions. customers increased to a level of $41.8

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

RFgen

FEBRUARY 7, 2019

There are maintenance technicians to direct, labor to allocate, assets to keep track of, spare parts inventory to worry about and supplier networks to maintain. And when equipment breaks down unexpectedly, your manufacturing operation can be hemorrhaging money by the second. Maximizing Uptime Through MRO Digitization.

Supply Chain Planning Software 52

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

Operations and Supply Chain Management

AUGUST 6, 2020

Fixing what many officials and corporate executives believe is a major problem would mean reaching deep into supply chains for what are known as active pharmaceutical ingredients, the chemicals that give drugs their medicinal properties. Many of these are commodity chemicals that U.S. makers found unprofitable to produce.

China 40

China Pharmaceutical Agile and Lean Supply Chain Inventory Reduction 40

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

JULY 15, 2013

It has the following characteristics: It is not a strategy for an integrated ERP project. A Demand-driven Value Network strategy is about building a strategy that goes from the customer’s customer to the suppliers’ supplier and embraces the use of customer data with integrated test-and-learn strategies.

Supply and Demand 252

Supply and Demand Vendor Strategies Inventory Reduction Price Reduction 252

Arkieva

JANUARY 6, 2017

Over the past year, the Arkieva Supply Chain Link Blog provided thought leadership and informative posts on supply chain strategy tips, trends, and news. Just in case you missed some of our supply chain strategy posts , we’ve compiled a list of our popular supply chain posts from 2016 below (ranked based on shares and views).

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61