SCMDOJO

JUNE 21, 2023

SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

Supply Chain Shaman

OCTOBER 5, 2018

Based in Paris, L’Oréal is a global personal care manufacturing company. Orbit Chart Comparison of L’Oreal and Estee Lauder. To understand the extent of the achievement, note the comparison to their industry peer group in Table 1. This case study is the best example we have seen of a customer-centric supply chain.

Case Study 254

Case Study Inventory Reduction Agile and Lean Supply Chain Study 254

Supply Chain Shaman

JULY 25, 2021

Let’s start with honesty and a focus on process innovation. To move forward, companies must side-step traditional functional metrics like Purchase Price Variance, OEE, and functional costs to focus on margin, inventory effectiveness, and functional reliability metrics like first-pass yield, inbound ontime and schedule adherence.

Procurement Analytics 370

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

Supply Chain Shaman

NOVEMBER 21, 2018

In this push, Oracle, SAP and INFOR became revenue market leaders in APS, but under-served the market in the delivery of innovation. Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. Supply Chain Risk Drivers: A Comparison of Risk. Sadly, it did not.

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

Enterra Insights

OCTOBER 5, 2023

One of the clearest lessons learned during the pandemic was the importance of domestic manufacturing. As global supply chains snarled and essential products became hard to find, many domestic manufacturers pivoted to make up shortages. The importance of manufacturing has often been overlooked as the U.S.

Manufacturing Procurement 130

Manufacturing Procurement Manufacturing Supply Chain Software Supply Chain Planning Software 130

Claritum

MAY 12, 2019

Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. 2 Technologies and Procurement Table. Virtual Procurement Agents.

Analytics Software 36

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 36

Elementum

AUGUST 9, 2022

Executive Summary You’re probably familiar with the concept of Design for Manufacturing: taking manufacturing processes, scalability, and profitability into account as a product is being developed, and designing for optimal results given all of the known constraints. Like me, you may remember learning about them in college.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Design Supply Chain Optimization Optimal Sourcing 78

Arena Solutions

MAY 31, 2020

Manufacturers rely on the information that is included in the bill of materials (BOM) to build a product. Though BOMs can include more descriptive information too, for example, the unit of measure or procurement type. Below are examples of how a bill of materials for a GPS navigation product would look in each system.

Supply Chain Design Software 58

Supply Chain Design Software Manufacturing Procurement Procurement Solutions Supply Chain Software 58

Supply Chain Shaman

OCTOBER 8, 2019

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Let’s take an example. A common issue in financially-driven companies is the heavy utilization of manufacturing assets past reasonable limits throwing the supply chain out of balance. Background.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. In comparison, the poorest-performing companies in the lowest quartile had a range of working capital between 23% and 39% as a percentage of revenues. The goal is to keep inventory levels at a minimum to meet customer needs.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Freightos

APRIL 16, 2015

We’ve rounded up the top 20 logistics technology innovations changing the way over $18 trillion dollars of goods are shipped annually. Here we go: Technology Innovations in Logistics. Freight Marketplaces : Cargomatic is a prime example of the rebirth of freight marketplaces. One example? ZDnet , @talk19 ].

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Software Optimization Software Supply Chain Network Software 120

Unleashed

MAY 4, 2022

Purchases can be made while on the move, on impulse and in response to a particular need at that time. This will evolve as eCommerce technology does and the purchasing experience becomes more sophisticated and user-friendly. Despite this very clear benefit, only 38% of UK manufacturers in the study were eCommerce enabled.

Inventory Management Software 97

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 97

Freightos

JULY 26, 2018

In his 2017 annual shareholder letter , Bezos lauded “divinely discontent” customers as innovation drivers. These examples are from retail, but I sense that the same customer empowerment phenomenon is happening broadly across everything we do at Amazon and most other industries as well. Source: Amazon.com.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 134

GlobalTranz

AUGUST 17, 2015

The business landscape is ever changing, numerous innovations have allowed companies to transcend borders and become global entities. Supply chain concepts are generally understood in a linear pattern of consecutive planning in the form of plan-source-make-distribute-return/dispose. trillion US dollars. Manage working capital.

Sourcing Strategies 120

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction Strategies 120

Enterra Insights

JUNE 11, 2021

”[1] They provide examples of things connected to the IoT, including “connected cars, smart home devices, and connected industrial equipment.” All industries from mining to manufacturing are relying on digital transformation.” billion units by 2025, a sharp jump from the 13.8 They are: 1. ” 4.

Resource Reduction 130

Resource Reduction Supply Chain Network Software Analytics Software Supply Chain Design Software 130

Supply Chain Shaman

JANUARY 14, 2013

The example that I give in the first post is the focus of manufacturing strategies to drive strong results to improve Return on Assets (ROA) that have actually caused a deterioration in operating margin. The consolidation of this industry has served the technology providers well, but has largely stymied innovation. You got it!

Supply Chain Planning Software 259

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 259

Enterra Insights

MAY 31, 2019

Most of us still trusted brick-and-mortar stores, we didn’t have price comparison services, and we were at the mercy of large corporations for discounts.”[2] He insists consumers are also increasingly relying on recommendations from trusted sources such as friends and other influencers. ”[2] What has changed? Footnotes. [1]

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

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?” Let’s take an example. Let me give you an example. As a group, we drill into root issues. Understand Industry Performance.

Supply Chain Design Software 250

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

KEPLER Consulting

MARCH 23, 2018

The purpose of this article is to share our experience in the use of machine learning to generate quick saving opportunities and homogenize purchased pricing across business units / regions in large groups. Products have different specifications & characteristics making the price comparison and alignment difficult.

Negotiating Skills 64

Negotiating Skills Purchasing Skills Negotiate Pricing Material Savings 64

QAD

JUNE 16, 2022

Let’s begin with a definition from James Utterback , a prominent writer in this space who wrote Mastering the Dynamics of Innovation in 1995. Let’s look at an Utterback chart displaying a dominant design lifecycle–this historical example shows how the adoption of a design innovation affected business survival in the automotive industry.

Modeling Software 92

Modeling Software Innovation Manufacturing Procurement Just-in-Time 92

Intelligent Audit

AUGUST 24, 2022

It facilitates this benefit in numerous ways, including by streamlining: Spend optimization Demand forecasting Demand accuracy Inventory optimization Procurement responses. 10 Examples of How Machine Learning Provides Benefits in Logistics. The company did not know the source of the problem. Wrong Shipping Carrier.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Negotiating Skills Supply Chain Planning Software 52

The Logistics & Supply Chain Management Society

JANUARY 13, 2021

According to Lambert and Cooper, accelerating globalisation and propelling innovations have been responsible over the past years for developing market competition. Customer service, parts shortages, unprecedented inventory growth, and warrant management can actually take up internal sources and affect profit margins. Vestring et al.

Vietnam 35

Vietnam Supply Chain Risk Management China Risk Management 35

Supply Chain Shaman

SEPTEMBER 23, 2016

With this in mind, in this blog, I make an argument that we, as supply chain leaders, have screwed up direct material procurement. My goal is to have supply chain leaders consider a procurement redesign for 2017. As shown in Figure 1, roughly one in two supply chain organizations have responsibility for procurement.

Material Savings 150

Material Savings Manufacturing Procurement Optimal Sourcing Vendor Strategies 150

Unleashed

MAY 26, 2021

Ambitious manufacturing businesses that want to boost their R&D could turn to additive manufacturing. In this article, we’ll explore the different types of additive manufacturing, the benefits and weaknesses, as well as some industries that could benefit from additive manufacturing. Material jetting.

Manufacturing Procurement 98

Manufacturing Procurement Material Savings Waste Reduction Supply Chain Design Software 98

Logistics Bureau

SEPTEMBER 3, 2017

And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? US food company Sysco offered an example when eyeing joint operations with U.S. Insights and innovation. Business Priorities and Innovative Thinking. Foods a few years ago.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

BlueYonder

DECEMBER 11, 2014

I recently read that between 1940 and the new millennium, the introduction of the earliest incubator and subsequent innovation has contributed to an estimated 75% reduction in infant mortality globally. It’s an example of inventiveness amplifying the value stream. However, there is something to be said for end-to-end orchestration.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Design 75

Logistics Bureau

SEPTEMBER 3, 2017

And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? US food company Sysco offered an example when eyeing joint operations with U.S. Insights and innovation. Business Priorities and Innovative Thinking. Foods a few years ago.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Proxima

FEBRUARY 25, 2022

This varies according to what specific form of retail, but in comparison to other sectors, retailers have some of the slimmest margins on the planet. The challenges are clear with resilience costs high, dual sourcing ramping up and capacity buffers in highly globalized price sensitive markets. Source: Crunchbase new.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Retail 52

Supply Chain Shaman

JUNE 6, 2015

At the event, James Rice, MIT, spoke on innovation, and his reflections on Clayton Christensen’s 1997 classic business book, the Innovators Dilemma. This is disruptive innovation. The spark from Invention to Innovation is slow. Technology invention is happening, but the translation to innovation is slow.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

OCTOBER 5, 2021

To drive progressive change, I think that we need to rethink supply chain basics and unlearn from the past while driving process innovation. Four industries–B2B Technology, Aerospace and Defense, Retail Apparel, and Food Manufacturing–grew inventory during the pandemic. Let’s take an example.

Supply Chain Planning Software 256

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 256

Supply Chain Shaman

OCTOBER 5, 2021

To drive progressive change, I think that we need to rethink supply chain basics and unlearn from the past while driving process innovation. Four industries–B2B Technology, Aerospace and Defense, Retail Apparel, and Food Manufacturing–grew inventory during the pandemic. Let’s take an example.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 195

Supply Chain Shaman

OCTOBER 5, 2021

To drive progressive change, I think that we need to rethink supply chain basics and unlearn from the past while driving process innovation. Four industries–B2B Technology, Aerospace and Defense, Retail Apparel, and Food Manufacturing–grew inventory during the pandemic. Let’s take an example.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 195

Supply Chain Game Changer

AUGUST 30, 2022

Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. In fact these models are not just used casually, but they often are designed to inform and make optimal sourcing choices. Typically and historically sourcing decisions were predominantly based on unit price.

Optimal Sourcing 103

Optimal Sourcing Purchasing Skills Manufacturing Procurement Negotiating Skills 103

SCMDOJO

FEBRUARY 19, 2024

Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). In this blog, we’ll delve into the integrated Lean Six Sigma approach, exploring its benefits, deployment models, moreover the implications for SMEs.

Six Sigma 75

Six Sigma Optimal Sourcing Continuous Improvement Agile and Lean Supply Chain 75

Supply Chain Shaman

OCTOBER 2, 2020

Starbucks redesigned their cups for the Grande product, and the flimsy cups were a source of constant spills and burns. I called the customer service line for the manufacturer and was told that the only thing I could do was call a maintenance specialist. A Comparison Of Company Performance To Industry Average.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

Supply Chain Game Changer

SEPTEMBER 8, 2021

Featuring Our 12 Best Procurement Articles! Procurement’s North Star article and permission to publish here provided by Sam Jenks. What exactly are you and your procurement team working towards? What is Procurement’s North Star Metric? See more examples in the image below. Subscribe Here! Email Address.

Procurement Analytics 86

Procurement Analytics Manufacturing Procurement Negotiating Skills Optimal Sourcing 86

Logility

JANUARY 10, 2023

For instance, a plastic packaging products manufacturer can optimize its capital investments by using forecasting data and increasing its visibility across current business gaps and future requirements. Take, for example, a packaged food company looking to relaunch its brand. Sources 1. “ Let’s get started. 3– 4, 6.

Supply Chain Planning Software 130

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