Logistics Viewpoints

JANUARY 26, 2021

While lean manufacturing and just-in-time were game-changing concepts when they were introduced, agility and resilience must be taken to an entirely new level post pandemic. The definition of agility and resilience will continue to evolve. How is the typical company proceeding with this much-needed transformation?

Agile and Lean Supply Chain 268

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 268

Supply Chain Shaman

FEBRUARY 2, 2024

The call to action in April 2016 was: Increasingly companies are evaluating business network solutions to close the gap on inter-enterprise visibility ; but as companies work on the problem, they find that they need to somehow interconnect business networks. Let’s be clear, no company is letting grass grow under their feet.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Network Software Supply Chain Planning Software Third Party Logistics 195

Supply Chain Shaman

MARCH 5, 2019

What is an easy definition? There is no class of technologies, or common definition, for “control towers.” While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. Companies are drowning in data, but struggle to get insights. Visibility. 2) Latency.

Supply Chain Design Software 297

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 297

Supply Chain Shaman

JUNE 9, 2023

Each box has an optimizer that drives output from a model based on a functional definition using enterprise data. Few companies design their supply chains (research data shows that 9% of companies actively design their supply chains), and few planning systems actively analyze and drive answers to the questions: Do I have a good plan?

Optimal Sourcing 314

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 314

Supply Chain Shaman

APRIL 18, 2023

Challenges Traditional definitions of supply chain excellence focus myopically on cost but are too slow in making decisions in inflationary periods. Companies needed quicker answers with better insights, but current organizational processes are slow, putting supply chains on the back foot. Build in-market sourcing. The reason?

Supply Chain Planning Software 391

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 391

SCMDOJO

DECEMBER 14, 2023

To make things simpler, having a clear lead time definition helps in making sure orders are fulfilled on time and customers are satisfied. With this in mind, we will explore in this blog the definition of Lead Time, its impact, and how mastering it can be your competitive advantage. Each type of lead time can impact the global process.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

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. Alex Zhong, Director Product Marketing at GEP.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

QAD

MARCH 30, 2023

Manufacturers may not think they have much in common with the retail companies beyond producing the products that stock store shelves, but there could be a lot to learn from the latter as the manufacturing headwinds of the last few years carry into 2023.

Manufacturing Procurement 90

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 90

Supply Chain Shaman

JUNE 30, 2023

Each executive has a different perspective on the definition of supply chain excellence, but they are never discussed and aligned. His organization purchased an advanced planning technology from well-known best of breed provider, and the implementation should have been successful, but it was not. Let me explain.

Supply Chain Planning Software 329

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 329

ModusLink Corporation

OCTOBER 27, 2021

Synergy is a core element present in many successful manufacturing strategies. The synergy effect within a business is the result of mutual interaction between two individual company elements, usually achieved by executing a specific strategy. There are many different manufacturing strategies.

Waste Reduction 78

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 78

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Despite spending 1.1% Rise in Inventories. Less Effective at Inventory Management.

Supply Chain Planning Software 363

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 363

Supply Chain Shaman

MARCH 21, 2024

During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. Clarity on mission.

Inventory Reduction 406

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 406

Supply Chain Shaman

SEPTEMBER 27, 2021

The word of the day is visibility, yet this is the nut–that companies implementing many projects, — cannot seem to crack. In our recent survey on analytics, today 74% of companies are attempting to improve supply chain visibility (as shown in Figure 1). The reason? The solution remains elusive. What Is Visibility?

Supply Chain Planning Software 339

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 339

ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. According to Dr. El-Jawahari, procurement’s priorities have shifted in the Middle East since the pandemic’s onset.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 130

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Supply Chain Shaman

JULY 23, 2023

In each phase, companies refine the models until they find that the future is discontinuous. In the evolution, companies find that 80% of data surrounding the enterprise’s supply chain is unused in current supply chain decisions. The order latency is the time from purchase by the end consumer to the visibility of the order.

Supply Chain Planning Software 343

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 343

Supply Chain Shaman

JUNE 21, 2023

While companies talk digital, the projects follow traditional supply-centric paths. Before you react, here are some definitions. The Gartner analysis is biased toward companies within the Gartner network. I list sixteen in Table 2, but of the 29 companies listed in the Gartner Top 25, 27 underperform their peer group sector.

Gartner 365

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 365

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.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Supply Chain Shaman

NOVEMBER 11, 2020

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. This is true even though we are not clear on the definition of next-generation processes. Reflection. They are just too risky.

Supply Chain Design Software 312

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 312

Supply Chain Shaman

MAY 26, 2023

Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. Or a unified data model across source, make, and deliver for planning? Let’s start with a basic definition. I term this our data jail. Why are semantics important?

Optimal Sourcing 349

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 349

Supply Chain Shaman

MAY 9, 2023

The panel group is sourced from my group of LinkedIn followers. The problem is that few companies have a clear definition of excellence compounded by the lack of clear definition of a business strategy. and there were no respondents that rated their process effective on this definition. My goal is to help.

S&OP 349

S&OP Supply and Demand Supply Chain Planning Software Sourcing Strategies 349

Supply Chain Shaman

FEBRUARY 16, 2024

Let’s Start With Clear Definitions My inbox is full. The market is flooded with references to AI, but few stop to give a definition. To combat the hype cycle to drive value, I think that we need to get clear on use cases and definitions. Before reading this post, consider reading my prior blog post, Don’t AI This.

Supply Chain Planning Software 391

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 391

Arena Solutions

MARCH 21, 2023

The companies and businesses that have survived the pandemic have been forced to reevaluate how they do business by adjusting their processes, identifying performance gaps, and finding ways to allow for more adaptability and flexibility without increasing costs or waste.

Manufacturing Procurement 79

Manufacturing Procurement Waste Reduction Resource Reduction Material Savings 79

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. What is Manufacturing?

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Supply Chain Shaman

SEPTEMBER 28, 2022

Definition: “Someone’s efforts, resolve, or viability are tested; things are meaningfully challenging. As a result, companies are writing new case studies through their actions or inaction. As a result, companies are writing new case studies through their actions or inaction. “ Wikipedia. What is the issue?

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. Manufacturing KPIs. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Supply Chain Shaman

NOVEMBER 21, 2022

Definition of Confirmation Bias. So, I smile, catch my dinner partner’s eye and ask, “In our prior conversations, you mentioned the lack of clarity on the definition of supply chain excellence in your current deployments and how this is a barrier to implementing supply chain planning properly. “ Reflection.

Supply Chain Planning Software 303

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 303

QAD

FEBRUARY 9, 2022

Remaining competitive is a top priority for any manufacturing operation. To stay ahead, companies must be knowledgeable about production trends contributing to their competitors’ success. Learn more about what lean manufacturing is and the five principles helping manufacturers get ahead. Identify Value.

Manufacturing Procurement 52

Manufacturing Procurement Agile and Lean Supply Chain Lean Manufacturing 52

Supply Chain Opz

JULY 1, 2014

What is the definition of supply chain management? Because, each professional organization has its own version of the definition. 1) It''s a network Many companies have the department that controls various activities within the supply chain. As you can see, value chain is the activities inside a company, not a network.

Cost Reduction Strategies 271

Cost Reduction Strategies Vendor Strategies Inventory Reduction Supply Chain Strategy 271

Supply Chain Shaman

AUGUST 24, 2020

Slowly, the systems became more interoperable, increasing the value for the consumer, the participants, and the companies involved. IBM purchased Sterling Commerce. Start With Definitions. To begin any discussion in this market, the buyer should start with definitions. Definitions. A network is not a network.

Supply Chain Network Software 342

Supply Chain Network Software Manufacturing Procurement Purchasing Skills Procurement Solutions 342

Supply Chain Shaman

FEBRUARY 26, 2024

Shown in Figure 1 is the definition of the layers of outside-in planning. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. How do companies get started? Who does it best?

Modeling 209

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 209

OptiProERP

SEPTEMBER 22, 2022

Saving on operational costs is one of the biggest goals for manufacturing companies. Most manufacturers look to streamline systems, reduce production costs, and increase profitability without sacrificing product quality. Understanding the Manufacturing Cost. How Can You Reduce Manufacturing Costs?

Cost Reduction Strategies 52

Cost Reduction Strategies Waste Reduction Expense Reduction Vendor Strategies 52

Enterra Insights

MARCH 1, 2019

The BCG analysts explain, “Today, another workforce transformation is on the horizon as manufacturing experiences a fourth wave of technological advancement: the rise of new digital industrial technologies that are collectively known as Industry 4.0.” ”[2] Computers and digital manufacturing ushered in other Industry 4.0

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Analytics Software 100

GlobalTranz

NOVEMBER 9, 2016

The definition of the IoT sums it up; it is “a network of dedicated physical objects that contain embedded technology to sense or interact with their internal state or external environment.”. Furthermore, the IoT is directly linked to better risk management programs in manufacturing too, explains Industry Week. Where Do We Stand Today?

Internet of things 246

Internet of things Manufacturing Procurement Supply Chain Software Logistics Network Optimization Software 246

Supply Chain Game Changer

NOVEMBER 13, 2018

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. So what exactly is the definition of “Supply Chain Management”? Source: [link] ). Source: [link] ).

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing 72

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics. Purchased parts and similar items.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 120

Supply Chain Shaman

APRIL 16, 2024

The article introduced the concept of self-service planning and challenged companies to rethink the concepts of supply chain planning. Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning.

Supply Chain Planning Software 219

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