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

Supply Chain Shaman

JUNE 21, 2023

One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers. The analysis is biased toward large process-based manufacturers in the Gartner network. Is this success? I don’t think so. Learning Stalled.

Gartner 424

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 424

QAD

DECEMBER 5, 2019

Manufacturing isn’t exempt from this pressure. Regardless of what laws politicians enact, customers want their purchasing dollars to go to those who behave responsibly. The manufacturing industry has adopted “Lean” techniques enthusiastically. Lean is about driving out waste from every aspect of manufacturing.

Manufacturing Procurement 132

Manufacturing Procurement Waste Reduction Innovation Expense Reduction 132

Jaggaer

MAY 8, 2025

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation. How often do your purchase orders change?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

Freightos

APRIL 23, 2025

Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.

Optimal Sourcing 156

Optimal Sourcing Benchmarking Manufacturing Procurement Procurement 156

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Logistics Viewpoints

MARCH 17, 2022

It is one of those high-end brands with global recognition, and to my surprise, the manufacturer’s own website did not have any stock and no indication on when it would be available. It provides a single source of truth with visibility and analytics based on the same data. so I went online to order it.

Supply Chain Planning Software 336

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 336

Supply Chain Shaman

DECEMBER 28, 2020

Days of Inventory Comparison. The first story is about a large regional food manufacturer. The second story is about a regional beverage manufacturer. In short, his vision of an end-to-end supply chain was transactional: better processing of order-to-cash and procure-to-pay. I have changed the names to provide anonymity.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

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. (Read more to understand the details on the Supply Chain Index ,).

Case Study 329

Case Study Inventory Reduction Study Agile and Lean Supply Chain 329

Supply Chain Shaman

OCTOBER 5, 2021

Four industries–B2B Technology, Aerospace and Defense, Retail Apparel, and Food Manufacturing–grew inventory during the pandemic. In contrast, other sectors reached unprecedented shortages, including Semiconductors, Pharmaceuticals, Chemicals, Contract Manufacturing, and Retail Home Improvement.

Supply Chain Planning Software 343

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 343

Logistics Viewpoints

MAY 8, 2023

There is a known problem for manufacturers in synchronizing their supply chain. The shop floor to top floor disconnect reflects the difficulty of synching the plans finalized in an integrated business planning executive meeting with what the shop floor is capable of manufacturing in the short-term time planning horizon.

Supply Chain Planning Software 287

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 287

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Today’s supply chain—with greater outsourcing, global manufacturing, and complex bill of materials–requires synchronization of the links.

Optimal Sourcing 192

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 192

SYSPRO Smarter ERP

AUGUST 20, 2024

As the world begins to probe the implications of AI in their everyday lives, manufacturers and ERP providers are looking at how it can deliver real value from the shop floor to every corner of the supply chain. Cognitive AI, predictive AI, and generative AI each bring unique enhancements to manufacturing ERP systems.

Manufacturing Procurement 105

Manufacturing Procurement Predictive Analytics Software Optimization Software Analytics Software 105

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 111

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 111

Supply Chain Shaman

MARCH 27, 2023

Definitions: Oxymoron: The combination of contradictory or incongruous words (such as cruel kindness) Juxtaposition: The act of placing words or concepts close together or side by side, for comparison or contrast. ” Today only 7% of manufacturers are innovators. What makes the company believe that they are best practices?

Supply Chain Planning Software 365

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 365

Supply Chain Shaman

JANUARY 9, 2024

Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. An average margin of 21% with inventory turns of 1.58 show a clear gap in performance.

Supply Chain Planning Software 387

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 387

Supply Chain Shaman

FEBRUARY 26, 2024

For example, in manufacturing, the shift in focus is away from OEE to focus on first pass yield and schedule adherence.) Model Comparisons Ship from model: A ship-to model: Another example of bi-directional orchestration is meat packing. Then take an inventory of all the sources of channel data in the organization.

Modeling 274

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 274

ToolsGroup

MAY 11, 2022

In comparison, respondents were less concerned about internal issues such as shorter product life cycles, risk of obsolescence, or more production options. Supply chain delays (25%), surging inflation (24%) and escalating fulfillment costs (19%) top the list of external concerns.

Purchasing Skills 295

Purchasing Skills Buyer Training Supply Chain Software Supply Chain Planning Software 295

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

SCMDOJO

SEPTEMBER 19, 2024

As a procurement officer, you’ve possibly been in the crosshairs of debate between sourcing locally and regionally versus from low-cost countries endorsed by many executive staff and boards of directors. Every time I was requested to have a target percentage of our purchases from low-cost countries I felt a pit in my stomach.

Purchasing Skills 98

Purchasing Skills Price Reduction Modeling Manufacturing Procurement 98

Precoro

MARCH 27, 2025

According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction.    The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

Supply Chain Shaman

JULY 29, 2013

Note that the ratios are better than absolute numbers because it helps in the comparison of large and small companies and performance across currencies.) Define and drive new processes like digital manufacturing and digital path to purchase so that our supply chains can operate at the new cadence of data flows.

Supply Chain Planning Software 350

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 350

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

Logistics Viewpoints

AUGUST 16, 2024

The international inbound transportation service is only available to Walmart Fulfillment Services (WFS) sellers that source or manufacture goods in China, and all cargo must be shipped from Yantian, Shanghai, or Ningbo ports. according to the Walmart Marketplace website. Cargo imported into the U.S.

Logistics Network Optimization Software 305

Logistics Network Optimization Software Los Angeles Logistics Long Beach 305

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

SCMDOJO

SEPTEMBER 19, 2024

On the other hand, SCMDOJO is a specialized platform dedicated solely to supply chain and procurement professionals. We have done an in-depth comparison between LinkedIn Learning vs SCMDOJO and CIPS on demand vs SCMDOJO that breaks down features, pricing, and content to help you choose the perfect platform for your learning journey.

Course 96

Course Supply Chain Design Software Supply Chain Planning Software Comparison 96

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) A balance sheet analysis shows that 95% of publicly traded manufacturers are stuck (when compared to peer group) at the intersection of growth and margin, margin and inventory turns, and Return on Invested Capital (ROIC) and growth. In Table 1, I share a comparison of the two methods.

Gartner 222

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 222

Supply Chain Shaman

OCTOBER 12, 2017

like Stefan’s quote, “However, all the boasts of value it (DDMRP) brings are in comparison to the value of MRP. I like Lokad’s use of machine learning using open source database techniques (think about attribute-based machine modeling in a modified Apache Spark-like architecture.) Conclusion.

Supply Chain Planning Software 377

Supply Chain Planning Software Forecasting Software Demand Planning Software Modeling Software 377

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. Ten-year averages – food manufacturing companies. Metrics comparison of Kellogg Co. You got it! vs. General Mills, Inc.

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 260

Supply Chain View from the Field

DECEMBER 23, 2014

Spend analysis does not need to occur only on an annual basis, but can be applied also to reviews of a category or subcategory of spend that occurs when a contract is being negotiated, or when a strategic sourcing project is initiated for a particular category group. This is an important input into strategic sourcing).

Negotiating Skills 135

Negotiating Skills Purchasing Skills Procurement Analytics Analytics Software 135

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Procurement Material Savings 100

Logistics Viewpoints

SEPTEMBER 19, 2024

Planners resort to exporting plans and data to spreadsheets and BI applications for plan analysis, editing plans for downstream use, comparison, and performance analysis. Lastly, rigorously evaluate the generative AI solution for domain-specific understanding, source attribution, and enterprise security.

Supply Chain Planning Software 303

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chain Planning 303

Logistics Viewpoints

DECEMBER 15, 2022

ABC analysis creates product segments by grouping products with similar sales volume or purchase frequency to enable category managers to focus on what matters most. Comparison of these profiles then gives us store clusters with similar demand, and based on these insights, assortment plans can be developed to address the difference.

Optimal Sourcing 263

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 263

Logistics Viewpoints

JULY 19, 2023

One area of concern for the long-term health of the world is the use of packaging in both the manufacturing and shipping of products. For respondents at the median, 80 percent of total annual packing material consumed comes from recycled or re-used materials and 60 percent comes from renewable sources.

Sustainability 246

Sustainability Optimal Sourcing Logistics Material Savings 246

Logistics Viewpoints

FEBRUARY 25, 2022

These rising prices can cut into the profits of manufacturers, distributors, and retailers who are reliant on this form of energy for powering their facilities. Oil, gas, steel and metal products account for other everyday items purchased from the two countries.” Natural gas has become increasingly important in generating electricity.

Price Reduction 264

Price Reduction Ukraine Russia Logistics Network Optimization Software 264

ThroughPut

APRIL 17, 2025

As companies across North America and Europe reconfigure their supply chains to reduce dependency on overseas operations in the wake of recently announced tariffs, there is a growing need for fully transparent, granular, and holistic visibility into manufacturing and supply chain operations as a whole. ThroughPut.AI

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Supply Chain Optimization Supply Chain Visibility 52