Supply Chain Shaman

SEPTEMBER 22, 2021

Similarly, after the conference, I started working with a chemical company to formulate a supply chain strategy. This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). The solution was too black box. ” My take?

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

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.

Inventory Reduction 150

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

Logility

OCTOBER 29, 2021

With the right technology, process manufacturing strategy, planning, and management can be simplified. Process manufacturing companies — such as those in the packaging, specialty chemicals, and rolled and woven goods sectors — are dealing with overcapacity as well as price pressures and continuing supply chain uncertainties.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

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

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). of revenue on IT solutions and expensive solutions to improve performance, yet degrade balance sheet results against peer group sectors in tough markets? How could the industry spend 1.7%

Procurement Analytics 370

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

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

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. Improving food inventory control. What is food waste management?

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

OptiProERP

JANUARY 7, 2020

. – Jack Welch, Former General Electric CEO, author and chemical engineer. Through cloud-based Enterprise Resource Planning (ERP) software. . Cloud ERP solutions enable real-time visibility into financial and operational data, making decision making and forecasting easier and more accurate. We’re here to help.

Real-time Visibility 86

Real-time Visibility Manufacturing Procurement Material Savings Inventory Reduction 86

Supply Chain Game Changer

NOVEMBER 5, 2019

Indirect Procurement – It’s Time to Rise and Shine! High spend and highly visible Procurement categories like raw materials, I/T, capital equipment, travel, facilities, large services contracts and more often merit dedicated Commodity Management resource. Subscribe Here! Email Address. Why is MRO Management Important?

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

OptiProERP

JANUARY 7, 2020

. – Jack Welch, Former General Electric CEO, author and chemical engineer. Through cloud-based Enterprise Resource Planning (ERP) software. . Cloud ERP solutions enable real-time visibility into financial and operational data, making decision making and forecasting easier and more accurate. We’re here to help.

Real-time Visibility 72

Real-time Visibility Optimal Sourcing Manufacturing Procurement Material Savings 72

Unleashed

FEBRUARY 21, 2022

According to this Deloitte report, transportation challenges are likely to continue through 2022 , and new strategies will need to be adopted to lessen the impact. According to this PwC report, a recent survey of industrial manufacturers showed more than 70% are testing or building IoT solutions in their projects.

Manufacturing Procurement 98

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

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

Supply Chain Opz

NOVEMBER 9, 2014

Paul Dittmann , Executive Director of the Global Supply Chain Institute at the University of Tennessee Improving operational efficiency in the global supply chain is a complex undertaking, and requires a documented, multi-year strategy instead of knee jerk reactions, and programs of the month. These are three examples: Rule 3.1:

Waste Reduction 274

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

ThroughPut

MARCH 23, 2020

Few people would have foreseen the day where software like Microsoft Teams, Azure Cloud, Office365, and others, would ensure business continuity from widespread, secure, remote connectivity once we could no longer be at the frontlines in Milan due to most recent Italian border restrictions. Let’s think about it in terms of statistical norms.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

ThroughPut

MARCH 23, 2020

Few people would have foreseen the day where software like Microsoft Teams, Azure Cloud, Office365, and others, would ensure business continuity from widespread, secure, remote connectivity once we could no longer be at the frontlines in Milan due to most recent Italian border restrictions. Let’s think about it in terms of statistical norms.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

GlobalTranz

DECEMBER 11, 2014

We take pride at Cerasis, as a third party logistics company who has developed a proprietary web-based transportation management system , to offer technology solutions to our shippers so they may remain as efficient as possible and have access to information at their fingertips. History of EDI and EDI In Transportation and Logistics.

Electronics 262

Electronics Transportation Data Resource Reduction 262

Unleashed

FEBRUARY 15, 2021

It’s become even more important that businesses navigate multiple supply chains with food manufacturing software. A significant growth in the use of food manufacturing software that allows for real-time inventory, batch tracking and rapid order fulfilment. Consumer trends in food industry. Better food tracing and origin.

Food 93

Food Trends Industrial Industry 93

RFgen

AUGUST 14, 2017

We’ll also provide questions and strategies to help contractors improve systems and processes for combatting counterfeit electronic parts in the aerospace and defense supply chain. This practice, combined with buying back excess inventory from customers, has introduced counterfeits into the inventories of authorized distributors.”

Aerospace 52

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

GlobalTranz

MAY 20, 2015

The cost of quality definition and enterprise quality management software—part 2, cost of quality both offer detailed descriptions of these metrics and insights on how to measure them. 2: Audit Strategy. Further narrowing things down, these costs come from two main categories: cost of good quality and cost of poor quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

6 River Systems

APRIL 23, 2019

Alexandra Zelenko is a Marketing and Technical Writer at DDI Development company that delivers web and mobile digital solutions for a wide range of business expertise, such as recruitment, fintech, CRM, e-learning, logistics, etc. By introducing solutions that add automation, errors can be eliminated from task workflows. DevGuildDDI.

Warehousing 97

Warehousing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 97

GlobalTranz

FEBRUARY 27, 2015

Editor’s Note: Today we are featuring this guest post from Find Accounting Software as it covers a subject we are also interested in, Manufacturing Technology which makes businesses more efficient. There’s one voice that’s often conspicuously absent from the online ERP software conversation: the one belonging to actual users.

Manufacturing Procurement 120

Manufacturing Procurement Logistics Network Optimization Software Procurement Solutions Software 120

Logility

AUGUST 17, 2016

Chemical manufacturers are faced with shrinking margins and cannot afford to put the wrong product in the wrong location at the wrong time. Too many companies still rely on inadequate capabilities provided by spreadsheets and basic ERP forecasting solutions. Inventory tends to be a very visible supply chain cost to senior management.

Material Savings 100

Material Savings Inventory Reduction Expense Reduction Resource Reduction 100

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Logistics Bureau

OCTOBER 19, 2017

One way might be to have a backup solution ready to use. Choosing BC Solutions. Once you have a good idea about the things that can go wrong, you need to plan for solutions. Using bigger “off the shelf” boxes and using more foam chips for packing might be a “quick and dirty” solution till you get more of your custom-made boxes.

Agile and Lean Supply Chain 45

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 45

Supply Chain View from the Field

FEBRUARY 3, 2014

The origins of the Extended Enterprise went before this period, however, and began with the early work that Steve did while he was a senior purchasing buyer at the Ford Motor Company. (I Later I was rehired and brought back into purchasing. Steve described his experience this afternoon over pizza and sodas in Detroit.

Purchasing Skills 60

Purchasing Skills Cost Reduction Strategies Material Savings Price Reduction 60

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Learn more on how to overcome today’s supply chain challenges by securing the free guide, 8 Winning Strategies to Combat Supply Shortages.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

ShipBob

AUGUST 11, 2023

14 best warehouse types for modern ecommerce Warehousing is far from a one-size-fits-all solution. As the backbone of your supply chain, the right warehouse not only provides a space for storing inventory but can also influence the speed and efficiency of order fulfillment and affect your reach in the market.

Warehousing 52

Warehousing Supply Chain Design Software Inventory Reduction Cost Reduction Strategies 52

Logistics Viewpoints

MARCH 25, 2022

Because Russia is a main producer of fertilizer and other agricultural chemicals, the conflict is likely to have an impact what is grown this year on American soil. And while the price he is paid for his grain will rise, too, “prices will reach a point where no one can afford to purchase them.”. The driving factor here is fertilizer.

Logistics Network Optimization Software 203

Logistics Network Optimization Software Russia Pricing Training Ukraine 203

Unleashed

JULY 27, 2023

The solution to high costs and inefficient production is to implement the best manufacturing processes for your requirements. To help you identify the optimal solution for your business, we look at 16 of the most effective methods and processes in manufacturing, how they work, and who they’re suitable for.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Waste Reduction Material Savings 52

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

RFgen

OCTOBER 17, 2019

The ERP software market is growing rapidly in parallel with digital transformation efforts in the supply chain. As supply chains digitize to meet increasing needs for efficiency and speed, one of the core technologies behind these optimization efforts is enterprise resource planning software (or ERP technology). Billion by 2026.

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Pharmaceutical Optimization Software 53

RFgen

OCTOBER 17, 2019

The ERP software market is growing rapidly in parallel with digital transformation efforts in the supply chain. As supply chains digitize to meet increasing needs for efficiency and speed, one of the core technologies behind these optimization efforts is enterprise resource planning software (or ERP technology). Billion by 2026.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Pharmaceutical Optimization Software 52

EMERGE App

OCTOBER 8, 2018

When things go wrong with a store purchase, what’s the first thing that you do? If it was bought from a nearby local store, you simply go back to the shop with the goods, produce the purchase receipt and explain why you need a refund or exchange. Past strategies and products offered in the past don’t apply anymore.

Pricing Training 49

Pricing Training Retail Purchasing Skills Purchasing Training 49

Supply Chain Trend

DECEMBER 13, 2016

However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. The S&OP processes eventually contributed to the division’s sales growth and all-time records for both customer service levels and inventory turns.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Analytics Software 60

Supply Chain View from the Field

AUGUST 11, 2015

I have been having a number of fascinating interviews with Chief Procurement Officers this past week on the subject of procurement analytics and supply management risk. But when companies do further analytics on excessive inventory, they eventually realize that about 80% of it is non-critical.

Purchasing Skills 60

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Sourcing Strategies 60

Material Handling & Logistics

JUNE 25, 2018

Content Summary: Chemical conglomerate BASF, according to Gartner’s analysts, is piloting the use of augmented reality to visualize real-time performance in one of its factories, with the aim of increasing efficiency and safety. DataTable subpages. Media Image. transactionID. 1a56a7e8-24e3-47af-b890-46fa1a7073fd. Media Type. Media Type.

Gartner 81

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 81