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. Improving those KPIs would help them emerge stronger and more confident with supply chains that are more resilient to future disruptions.

Manufacturing Procurement 105

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

DELMIA Quintiq

JANUARY 11, 2021

The global wire and cable manufacturing industry is slated to be valued at US $232 billion by 2025 at an annual growth rate (AGR) of approximately 5 percent. However, gradually complex manufacturing environments may prove to be a challenge for those who struggle with demand forecasting accuracy.

Modeling 268

Modeling Scenario Planning Optimization Modeling Supply Chain Optimization 268

Silvon Software

JUNE 23, 2020

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. Nevertheless, measuring supply chain performance is critical for a manufacturing concern.

Manufacturing Procurement 86

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 86

QAD

APRIL 2, 2020

This latest release further enhances our customers’ ability to intelligently adopt and boost adaptive manufacturing capabilities. Adaptive Manufacturing Enterprises can effectively address the increasing pace of change and disruption companies face today.

Manufacturing Procurement 143

Manufacturing Procurement Manufacturing Supply Chain Planning Software Forecasting Software 143

Synovos

MARCH 11, 2024

The Benefits of Outsourcing MRO Integrated Supply Chain for Food Manufacturers When RS Integrated Supply first started managing Maintenance, Repair and Operations (MRO) for one US food manufacturer, the client was a fledgling company. “I Food production is, however, different to other areas of manufacturing in crucial ways.

Manufacturing Procurement 52

Manufacturing Procurement Food Manufacturing Material Savings 52

Silvon Software

APRIL 29, 2022

Inventory can be a manufacturer’s most important asset. Key performance indicators (or KPIs) help to facilitate these requirements and drive higher inventory optimization outcomes as a result for manufacturers, distributors and other supply chain-centric businesses. The Basics of Inventory Management KPIs.

Optimal Sourcing 106

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 106

Silvon Software

APRIL 19, 2022

The past few years have created a lasting impact on the way business is conducted, driving many companies to analytics to gain the visibility they need to control and optimize key processes. I also suggest to our clients that they keep the following basic principles in mind relative to their KPI strategies. Supplier KPIs.

Optimal Sourcing 113

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 113

Logistics Bureau

OCTOBER 9, 2017

What is a KPI? What is a KPI? Can you explain what a KPI is? Take the notion of a KPI or key performance indicator, for example. You’ll hear a lot in different organisations about KPIs, but that doesn’t mean they are always used effectively. As the name indicates, KPIs concern “key” areas of the business.

KPI 40

KPI Supply Chain Planning Supply Chain Metrics 40

DELMIA Quintiq

APRIL 23, 2020

This creates a need for frequent rescheduling, but many steel companies do not have the scheduling support to cope with those changes while also maximizing the hot charging rate. This is where DELMIA Quintiq excels. Generating what-if scenarios to imagine possible futures that are aligned with your goals.

Scenario Planning 234

Scenario Planning Manufacturing Supply Chain Planning Software Resource Reduction 234

DELMIA Quintiq

DECEMBER 9, 2020

This is the largest customer climate commitment made by any B2B company, and our calculations show that this reduction could equate to 2% of the world’s annual emissions— or, the annual emissions of Italy, France and the U.K. Focus on KPIs. The continuous improvement cycle supports AME’s Digital Manufacturing strategy.

Waste Reduction 317

Waste Reduction Cost Reduction Strategies Supply Chain Design Software Resource Reduction 317

Logistics Viewpoints

JUNE 22, 2023

Adding this key performance indicator (KPI) to your supply chain allows businesses to measure themselves while being able to evaluate the performance of all the participants in the commerce ecosystem. An improvement of 5% in the OTIF rate for a company can have a significant impact on its operations and bottom line.

Supply Chain Software 189

Supply Chain Software Real-time Visibility Modeling Software Optimization Software 189

DELMIA Quintiq

OCTOBER 25, 2015

To meet consumers’ increasing appetite for choice, Fast Moving Consumer Goods (FMCG) manufacturers develop a huge amount of Stock Keeping Units (SKUs). This has a direct impact on packaging manufacturers who now need to find ways to cope with more diverse demand. The bottom line: Companies need to significantly reduce their lead times.

Packaging 120

Packaging Manufacturing Resource Reduction Inventory Reduction 120

Supply Chain Movement

FEBRUARY 15, 2024

European companies are starting to produce more in Europe, closer to their markets, for reasons of agility and sustainability. Incidentally, in 2021 Gartner predicted that half of global manufacturing companies would have invested in real-time transport visibility platforms by 2023.

Predictive Analytics Software 78

Predictive Analytics Software Gartner Agile and Lean Supply Chain KPI 78

ToolsGroup

NOVEMBER 2, 2020

When the COVID-19 outbreak began, the company quickly transitioned into face mask production, supplying hospitals and healthcare facilities with millions of units of coffee-filter-shaped PPE. 2 Crucially, an effective cross-functional and collaborative S&OP process addresses most of companies’ top supply chain goals.

Forecasting 287

Forecasting Forecasting Software Optimal Sourcing S&OP 287

Silvon Software

APRIL 11, 2024

By leveraging data to create personalized customer experiences, companies can enhance satisfaction and loyalty, which are critical for sustaining growth in competitive markets. By analyzing trends, market conditions, and internal performance data, companies can better anticipate challenges and devise strategies to navigate or mitigate them.

Predictive Analytics 83

Predictive Analytics Analytics Software Analytics Sourcing Strategies 83

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. How Can You Increase Throughput?

Manufacturing 52

Manufacturing Resource Reduction Waste Reduction Expense Reduction 52

DELMIA Quintiq

JUNE 30, 2020

It’s no surprise that some companies lose revenue from online delivery services due to a mismatch between delivery costs and fees charged to consumers. KPI-specific planning The quality of the generated plan is measured against various company-specific KPIs, ensuring adherence to the most significant business goals.

Supply Chain Planning Software 287

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 287

Silvon Software

JUNE 1, 2023

Remember that you can update your KPI selection at any time, so remain open to replacing ineffective metrics. The most important aspect to remember is that KPIs should align with your business strategy. Regularly review and update your stakeholder-focused KPIs based on changing stakeholder needs or emerging trends.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

BlueYonder

APRIL 9, 2024

For the past 175 years, Carlsberg has continuously reinvented itself from a marketing, innovation and product perspective, while remaining true to its core values of enriching communities while manufacturing quality drinks. Dealing with each area — planning, manufacturing, distribution, fulfilment, etc. —

Optimal Sourcing 100

Optimal Sourcing Sustainability Material Savings Waste Reduction 100

Unleashed

NOVEMBER 20, 2023

Supply chain optimisation helps manufacturing businesses drastically reduce operational costs to improve revenue and customer satisfaction. In our latest Supply Chain Roundtable, four experts share their advice and experience around optimising the manufacturing supply chain. And you’d be right – they’re certainly a factor.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Precoro

JULY 16, 2023

Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost. The purchasing department plays a critical role in the success of an organization.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Unleashed

JUNE 8, 2020

may sound exciting for manufacturers – with its IoT-enabled factories, all-singing all-dancing ERP software, and AI-powered insights – but frankly this is fantasy land for the vast majority of manufacturers. Here are three realistic steps manufacturers can take for data mastery in 2020. KPIs are real-time and comparative.

Manufacturing Procurement 72

Manufacturing Procurement Manufacturing Data Inventory Management Software 72

Logistics Viewpoints

APRIL 19, 2023

Third, is autonomous planning feasible for all companies of all sizes? And finally, how does a company achieve autonomous planning? Feasibility of Autonomous Planning It is absolutely feasible to achieve this for companies of all sizes and levels of digital maturity. So how do companies achieve autonomous planning?

Supply Chain Planning Software 220

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 220

DELMIA Quintiq

MARCH 4, 2021

As part of this program, the company has implemented Dassault Systemes’ DELMIA Quintiq solution to create and benchmark scenarios, analyze the effects of decisions and continuously optimize its business operations.

Optimal Sourcing 296

Optimal Sourcing Supply Chain Planning Software Scenario Planning Global 296

AIMMS

FEBRUARY 16, 2021

Many companies struggled to link longer term plans with unexpected short term supply and demand issues. Our research shows that many companies have already embraced S&OE as part of their processes. Namely, manufacturing, food, and healthcare. 2020 was full of surprises. Only 7% of respondents use an off-the-shelf package.

Modeling 311

Modeling Scenario Planning Supply Chain Planning Software S&OP 311

DELMIA Quintiq

AUGUST 23, 2016

Meat manufacturers usually suffer from the lack of cross-functional visibility as well as cross-company visibility. What is distracting meat manufacturers from building efficient plans? It’s also a very important topic for meat manufacturers, and it’s also a difficult one as shelf life changes throughout the production process.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Manufacturing 120

Supply Chain Game Changer

JULY 21, 2021

Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses. Procurement Cost.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

QAD

APRIL 18, 2023

The new feature that pushes supplier quality KPI data to Supplier Relationship Management (SRM) for supplier scorecards is also a major improvement, helping suppliers to track and manage their performance. The post Introducing QAD EQMS 2023 appeared first on QAD Blog.

Supply Chain Design Software 93

Supply Chain Design Software Supply Chain Planning Software KPI Quality 93

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? They judge the Flex teams, choose a winner, and it is collaborative, as each company learns from each other.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Silvon Software

FEBRUARY 23, 2023

Following are a few examples that illustrate the KRI / KPI relationship: A KPI may be used to measure IT system performance while a complementary KRI tracks vulnerability to cyberattacks. A KPI might measure staff engagement or satisfaction while monitoring the likelihood of losing key staff and risking labor shortages as KRIs.

Procurement Analytics 64

Procurement Analytics KPI Analytics Software Supply Chain Planning Software 64

Silvon Software

MARCH 3, 2023

Key to that is understanding what you should measure to assess your S&OP effectiveness, where to set your Key Performance Indicators (KPIs) and the most optimal methods you should use to analyze your data to improve performance. Delivery metrics can vary in terminologies, measurement methods, and variables from one company to the next.

S&OP 102

S&OP Procurement Analytics Supply and Demand Analytics Software 102

DELMIA Quintiq

JUNE 1, 2021

Agility implies that you or your company demonstrate agile behavior, so would not Agilibility suggest that you are able to be agile? Agility is now the hottest buzzword in manufacturing and supply chain discussions on the tail-end of the most recent black swan event of the recent pandemic. The same could be said for agility.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Supply Chain Planning Software Modeling Optimization Software 156

Logistics Bureau

OCTOBER 20, 2021

It’s not uncommon though, for companies to make the mistake of over-complicating their supply chain performance monitoring. While having too many KPIs is undoubtedly better than having none, it can impede progress by creating a confused, complex mass of information that becomes difficult to sort out and use as a basis for action.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

Precoro

OCTOBER 10, 2022

The answer is simple: through KPIs. Keep reading to learn in detail about the top 13 most crucial procurement metrics, how to track them, and what to focus on to drive the most value to your company. What Are Procurement KPIs, and Why Use Them? Procurement KPI Categories. Cost-saving KPIs: Procurement ROI.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . What are KPIs & why are they important for your inventory management? Key performance indicators (KPIs) are the quantifiable metrics companies use to gauge their progress toward a specific goal. .

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

DELMIA Quintiq

DECEMBER 23, 2014

This means that creating forecasts and promotional and pricing plans must be integrated with functions including distribution, operations planning, and manufacturing. Unfortunately, some companies begin their S&OP process by assuming that their inventory levels are exactly right, or that they have no inventory at all.

Modeling 299

Modeling Supply Chain Planning Software Inventory Reduction Scenario Planning 299

DELMIA Quintiq

MAY 17, 2023

It can also ensure that perishable products are processed on time to avoid waste; The process of Production Scheduling can be used to avoid setup or cleaning between different products, to save energy and cleaning liquid; The process of Logistics Planning enables companies to optimize routes and the loading of means of transportation (e.g.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Sustainability 156