The Logistics & Supply Chain Management Society

AUGUST 20, 2020

A digital workforce weaves together disconnected automation tools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. Procurement. Purchase Order Management. Another area where RPA is coming to the fore is in communication.

Supply Chain Software 246

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

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 131

Manufacturing Procurement Waste Reduction Innovation Expense Reduction 131

SCMDOJO

JUNE 21, 2023

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. Let’s delve into this emerging concept.

Supply Chain Planning Software 89

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

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 365

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

EcoVadis

MAY 30, 2018

The Sustainable Purchasing Leadership Council (SPLC) recently released the results of its new, independent comparative tool for sustainable procurement ratings and EcoVadis is excited to share we’ve secured the highest ranking in the framework.

Procurement Solutions 40

Procurement Solutions Supply Chain Software Comparison Sustainability 40

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Only 29% of manufacturers easily manage total cost trade-offs. In Table 1, we share an overview view of the Supply Chains to Admire methodology and the comparison to the Gartner Top 25. Methodology Comparison.

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

Unleashed

DECEMBER 13, 2023

New manufacturing data reveals the small to medium manufacturing sector remains in recovery mode, with global performance largely mapping to local economic conditions. New Zealand manufacturing, meanwhile, is at an historic inflection point, with stagnant performance in multiple sectors.

Manufacturing Procurement 52

Manufacturing Procurement New Zealand Manufacturing Beverage 52

Enterra Insights

APRIL 13, 2023

Plus, Americans’ spending spree during the earlier years of the pandemic, fueled by stimulus money, boredom and socked-away savings, have made for tough comparisons.”[2] Intelligent demand management software is the key technology enabler of lean retail merchandise management.”

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

OptiProERP

JUNE 4, 2021

It’s more important than ever for manufacturers to find ways to effectively manage their operations in the face of Covid-19, supply chain disruptions, inflation concerns, glimpses of recovery, and the many dynamics impacting manufacturers’ bottom lines. ROI analysis is also a prerequisite for authorizing and funding ERP solutions.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Analytics Software 52

Supply Chain Shaman

FEBRUARY 11, 2019

In Figure 1, note the lowest satisfaction is Generation X (birth years of 1965-1980) in manufacturing organizations. Note that academics and employees of technology software companies have a statistically significant higher level of job satisfaction. Note the comparison to the larger population. The response is often surprising.

Supply Chain Planning Software 187

Supply Chain Planning Software Modeling Software Demand Planning Software Supply and Demand 187

GlobalTranz

JANUARY 19, 2015

There’s more involved in successfully reshoring a foreign manufacturing operation back to the U.S. than simple cost comparisons. Reshoring is a hot topic in manufacturing. These “Bring Manufacturing Back” initiatives have many moving parts and require careful planning and execution and very skillful project management.

Manufacturing Procurement 120

Manufacturing Procurement Purchasing Skills Buyer Training Manufacturing 120

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

Supply Chain Shaman

SEPTEMBER 10, 2023

When I walk into a room at most Fortune 500 manufacturers, I am amazed at the loss of collective understanding of the principles of supply chain planning. The software never expanded in scope to manage multi-tier inventories. Too few companies stop to answer the questions: Is the solution giving a good plan? The reason?

Supply Chain Planning Software 256

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 256

Supply Chain Shaman

JUNE 14, 2018

In this series of posts, I am going to make an argument to augment ERP planning with new cloud-based solutions to improve decision-making. 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. Cross Site Analytics.

Optimal Sourcing 171

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 171

Precoro

JUNE 6, 2022

Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. In this case, the supplier receives a commission from both the customer and the manufacturer. Let's imagine a company A, that manufactures a finished product – sneakers. Blurred lines.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

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 193

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 193

BlueYonder

MAY 1, 2020

consumer behavior has been a barometer for larger trends affecting industries such as retail and manufacturing, as well as the overall economy. While consumers adopt more regular online shopping habits, their preference to purchase groceries in-store during the COVID-19 crisis has not changed since the beginning of the nationwide quarantine.

Comparison 52

Comparison Survey Retail Trends 52

Supply Chain Shaman

SEPTEMBER 5, 2022

Business continuity continues to be a risk for many retailers and manufacturers. When it comes to inventory and driving improvement in the face of variability, there are five issues: Poorly Implemented Advanced Planning Solutions. IBM, in contrast, purchased over fifteen supply chain acquisitions but drove little innovation.

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 239

Precoro

SEPTEMBER 4, 2023

The cash conversion cycle is a significant financial metric for retailers and manufacturing companies involved in buying and managing inventories and selling them to customers. Cost of goods sold (COGS) is the total cost of producing or purchasing the goods sold during the same period. Prevention of human errors.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

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

OptiProERP

SEPTEMBER 30, 2021

Companies are not only acknowledging the advantages of effective ERP systems, they’re also increasingly adopting these solutions such that the market will be worth $60.23 In on-premise software, everything from implementation to use happens internally. The company maintains complete supervision over the ERP software and the data.

Modeling Software 90

Modeling Software Supply Chain Planning Software Supply Chain Network Software Analytics Software 90

QAD

JUNE 16, 2021

Managing the shop floor, inventory, operations and scheduling are some of the keys to ensuring a manufacturing business runs smoothly. As manufacturing and supply chains scale to meet larger global needs, real-time data and software systems allow manufacturers to automate processes and make smart data-driven decisions.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 52

Taulia

MARCH 2, 2023

It covers the full range of supply chain processes, from procuring raw materials to delivering the finished products to customers. Inventory is tracked and controlled in real time with inventory management software. The procurement manager places the usual order with the supplier every quarter.

Negotiating Skills 52

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

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. As a cloud-based solution, Arena PLM differs from spreadsheets in some significant ways. Introduction.

Supply Chain Design Software 58

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

Supply Chain Shaman

JULY 25, 2021

of revenue on IT solutions and expensive solutions to improve performance, yet degrade balance sheet results against peer group sectors in tough markets? Nvidia, PACCAR Inc, Ross Stores, Sleep Number, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur Sealy, TJX Companies, and Western Digital.

Procurement Analytics 370

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

Unleashed

DECEMBER 15, 2021

Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. For manufacturers, it’s about understanding how long the process takes from receiving inventory to manufacturing a product and achieving a sale.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

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

GlobalTranz

FEBRUARY 25, 2016

At heart, the circular economy and circular supply chain refer to a transition from raw material to manufacturing center to distribution center to consumer to trash process. For some manufacturers and supply chain entities, the push towards a circular supply chain comes from the federal government. What is the Circular Supply Chain?

Supply Chain Software 120

Supply Chain Software Supply Chain Strategy Supply Chain Supply and Demand 120

QAD

MAY 19, 2021

Manufacturers and suppliers today are challenged constantly to become more accurate, efficient, and profitable to survive the constant change and disruption in the world around them. A variety of industries can benefit from manufacturing ERP software , including: Industrial Equipment and Components. Manufacturing.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimization Software Inventory Management Software 52

Talking Logistics

SEPTEMBER 1, 2017

BluJay Solutions Raises up to $500 Million New Financing to Drive Accelerated Growth. LevaData to Transform Strategic Sourcing for Global Procurement and Supply Chain Leaders. Strong Software Bookings Growth Highlights First Half 2017 Results for JDA. Robinson purchased Milgram & Company Ltd. Körber acquires HighJump.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Design Software Real-time Visibility Manufacturing Procurement 0

Supply Chain Shaman

AUGUST 16, 2015

Infor–a market consolidator of enterprise software–currently has revenues of $2.8 On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Supply Chain Shaman

OCTOBER 29, 2014

Here are the three questions that I would like people to ask: Table 1: Comparison of Results for Best of Breed Solution Providers to ERP Expansionists in Supply Chain Planning. The first evolution of technologies were built by best-of-breed solution vendors. The implementation of decision support tools needs to be a way of life.

Supply Chain Planning Software 315

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 315

Supply Chain View from the Field

DECEMBER 23, 2014

Purchased goods and materials are often more than 40% of the total cost of goods sold in healthcare and manufacturing sectors. This is particularly true, for example, in the case of software licenses, where many licenses are auto-renewed or contracted for, but never used.

Negotiating Skills 135

Negotiating Skills Purchasing Skills Procurement Analytics Analytics Software 135

Precoro

JANUARY 15, 2024

Every procurement professional faces a time when they have to make a purchase in unfamiliar territory. Typically, it starts when an employee creates a purchase requisition to notify the department manager of the need for new goods or services. That’s when RFQs and RFPs come into play. What is an RFP?

Purchasing Skills 59

Purchasing Skills Procurement Solutions Manufacturing Procurement Vendor Strategies 59

Enterra Insights

NOVEMBER 26, 2019

One of the new tools available to decision makers is predictive analytics. Gracie Myers, a researcher with Research Optimus, writes, “Predictive analytics is being applied toward all facets of business operations and processes to help anticipate events, avoid risks, and create solutions.

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Procurement Analytics 100

Freightos

JULY 26, 2018

Amazon’s trucking fleet is expanding rapidly; it launched in 2005 with the purchase of thousands of trailers used to shift goods between fulfillment centers. By comparison, that’s almost as large as the15th largest US passenger fleet. There are also a number of positions open on the Flex team, mostly in software and operations roles.

Logistics Network Optimization Software 133

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 133

Supply Chain Shaman

APRIL 15, 2015

As shown in Figure 1, users are more satisfied, the implementations are shorter and there is greater Return on Investment of solutions from Best-of-Breed solution providers—especially if the best-of-breed solution providers used are industry-specific. The research is a study of large manufacturers. Five Lessons to Learn.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150