OptiProERP

FEBRUARY 8, 2024

The Role of ERP in Manufacturing Enterprise Resource Planning systems are the backbone of modern manufacturing operations, providing comprehensive tools for managing various aspects of the production process, including inventory management , supply chain logistics , production scheduling, and financial reporting.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Design Software 52

TrackVia

MARCH 25, 2024

These solutions help companies optimize their operations, from inventory management and asset tracking to supply chain management and warehouse operations. By providing real-time data and insights, mobile workflows enable manufacturers to make informed decisions, reduce waste, and improve overall efficiency.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Design Software Cost Reduction Strategies Waste Reduction 105

RFgen

APRIL 18, 2023

Overhead swells in direct proportion to misships, adding greater expense for return shipping fees, overnight and same-day ordering, wasted inventory, chargebacks , wages, and loss of customers. It’s a good idea to have all processes documented and communicated to warehouse staff. Strive for continuous improvement.

Optimization Software 52

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

Unleashed

APRIL 10, 2023

The key benefits of implementing lean manufacturing are time savings, cost savings, and improved quality of products and services. Kaizen Kaizen, also called ‘Continuous Improvement’, is a manufacturing technique that originates from the Japanese philosophy of the same name.

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste Reduction 52

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. I use a method I call managing for daily improvement or MDI. How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Industry Week, March, 2016).

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

GlobalTranz

JANUARY 4, 2017

Customer metrics. Cost or Cost Savings: Re-engineering/continuous improvement: Implement Lean initiatives to eliminate all wastes, improve processes, increase throughput, and bring much more value to the customer beyond their expectations: Lean consists of a culture/behavior change. Continuously using SOS cards.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

Supply Chain Shaman

JANUARY 19, 2014

Their supply chains are not improving corporate performance. Despite multimillion dollar technology projects, and tomes of strategy documents, they are stuck in their ability to overcome market factors and rising complexity to drive continuous improvement on a portfolio of metrics. What does that mean?

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 278

SCMDOJO

APRIL 11, 2023

If you’re a supply chain management professional, you’re probably aware of how important it is to continuously improve your skills and knowledge in this field. With the ever-evolving business landscape, staying current on the latest industry trends and best practices is crucial for your success.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

Unleashed

AUGUST 14, 2023

Different disciplines are required to facilitate efficient production management processes including scheduling, planning, process improvement, production inventory management, and quality control. Maintain par levels of raw materials and inventory stock used to produce your goods.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Predictive Analytics Software Modeling Software 52

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. New Study Shows a Rise in US Company Inventories. This and much more, in your Monday supply chain briefing from Arkieva.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Precoro

DECEMBER 11, 2023

How the Strategic Sourcing Process Works Strategic sourcing is done through identifying the best suppliers , negotiating favorable contracts with them, and maintaining long-term relationships , as well as through continuous improvements to the purchasing workflows. Benchmarks, analysis, and improvements. Target cost.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Unleashed

OCTOBER 31, 2023

The three key areas where you can implement WFO in your manufacturing activities are: Production Inventory Scheduling Let’s look at a few ways you can optimise these processes. You can optimise your workforce by applying inventory optimisation techniques to workforce management.

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

QAD

MAY 16, 2019

The MMOG/LE assessment has been a go-to document for automotive supply chain best practices for thousands of global Tier 1 and Tier 2 suppliers since its first publication in 2002. Facilitate continuous improvement. A deeper alignment between strategies, objectives and continual improvement.

Supply Chain Planning Software 100

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 100

Arkieva

JANUARY 20, 2017

The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Rather, going beyond customer expectations need to be fully understood, and transportation strategies then developed to meet those expectations with optimal inventory levels.

Optimal Sourcing 60

Optimal Sourcing Waste Reduction Agile and Lean Supply Chain Inventory Reduction 60

Kanban Logistics

FEBRUARY 27, 2020

It’s home base for sophisticated eCommerce operations, high-velocity retail distribution, vendor managed inventory, and a variety of other services. Multi – channel capabilities : The WMS can manage inventory and orders related to both B2B and B2C simultaneously. Vendor-managed inventory (VMI). Cross docking.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

Unleashed

AUGUST 18, 2021

Read more: The 10 inventory management trends to watch for in 2022 Reverse logistics is another name for a backwards supply chain What steps make up the reverse logistics process? Inventory control technology allows for tracking of returned goods and reduces the time it takes for a product to re-enter stock. 3 examples) 1.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Kinaxis

SEPTEMBER 6, 2016

There is a constant push to free up working capital by leaning down on the inventories. With manufacturers, distributors, and retailers alike are scrambling to get their inventories off of Hanjin ships; now is as good a time as any to take stock of where your organization stands with regards to supply chain risk management.

Supply Chain Planning Software 100

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Shipping 100

GlobalTranz

OCTOBER 27, 2015

Let's talk about the outputs, or desired metrics worth measuring, in each category of what a logistics company might provide. Continued management education and training to keep abreast of the sate-of-the art in logistics. Are you using voice of the customer (VoC) techniques to improve operations and customer service?

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Supply Chain Trend

DECEMBER 22, 2023

Documenting recurring decisions like this creates alignment and transparency in the decision process, increases decision speed and reduces analytics waste for human centric decisions. Intelligent IBP will have the objectives and decisions trees documented and highlighted where there is automation and augmentation potential.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

The Logistics of Logistics

JULY 14, 2013

A key performance indicator (KPI) is a metric that you have chosen that will give an indication of your performance and can be used as a driver for continuous improvement. Inventory Turnover. Inventory accuracy. Inventory to Sales Ratio. Carrying Cost of Inventory. Order Documentation Accuracy.

Warehousing 168

Warehousing KPI Just-in-Time Inventory 168

Unleashed

MARCH 9, 2021

This is often managed with the help of supplier management software or inventory management software. That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play. Procurement metrics and KPIs allow organisations to measure results and guide best practice performance. Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

TrackVia

MAY 4, 2023

Tip 2: Foster Collaboration, Engage with Communities, Stay Informed, and Document Your Work – Week 2 Forge robust relationships with your organization’s IT department and other crucial stakeholders. Keep in mind that becoming an outstanding citizen developer involves continuous learning, growth, and adaptability.

Resource Reduction 97

Resource Reduction Inventory Management Software Supply Chain Network Software Optimization Software 97

synchrono

DECEMBER 18, 2017

With eKanban implementations, this can be any number of problems including excess materials on hand, slow inventory turns, too much scrap and more. For an eKanban project, this would involve documenting the flow of the current, manual Kanban process. waste) so they can be eliminated or improved upon. A win-win for all.

Inventory Reduction 104

Inventory Reduction Waste Reduction Expense Reduction Vendor Strategies 104

Supply Chain Shaman

JULY 22, 2016

On an ongoing basis I view supply chain strategy documents. This includes: new product launch forecasting, seasonal inventory targets, demand affinities, push-based inventory strategies, demand shaping activities (price, promotion, run-out strategies, sales incentives, trade incentives), and turn-based volume. What is it?

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

TrackVia

AUGUST 17, 2023

Comprehensive Asset Inventory To effectively manage assets, it is crucial to have a comprehensive inventory that includes both tangible and intangible assets. The inventory should capture essential information such as asset type, location, acquisition date, maintenance history, and depreciation status.

Asset Management 98

Asset Management Analytics Software Predictive Analytics Software Optimization Software 98

Elementum

JANUARY 16, 2024

Software and Tools for Automation There are several different software and tools available for process automation, including workflow orchestration, intelligent document processing (IDP) , and RPA platforms. Retail : Automating inventory management, order processing, and customer support.

Sourcing Strategies 78

Sourcing Strategies Optimization Software Analytics Software Predictive Analytics Software 78

TrackVia

AUGUST 17, 2023

Comprehensive Asset Inventory To effectively manage assets, it is crucial to have a comprehensive inventory that includes both tangible and intangible assets. The inventory should capture essential information such as asset type, location, acquisition date, maintenance history, and depreciation status.

Asset Management 52

Asset Management Analytics Software Predictive Analytics Software Optimization Software 52

SCMDOJO

MARCH 7, 2023

But in case you haven’t come across it yet, let us briefly touch on what it is and its concept regarding supply chain management and what Transactional Process Improvement Kaizen really is. Kaizen is a Japanese term that means “continuous improvement.” Documentation of the future state is the first step towards implementation.

Supply Chain Software 88

Supply Chain Software Waste Reduction Agile and Lean Supply Chain Supply Chain Optimization 88

Unleashed

MARCH 24, 2024

Faster fulfilment: Some lean manufacturers find that they can improve their fulfilment times, delivering products more quickly, through the streamlining processes that come with going lean. Reduced costs: Reducing waste, upping productivity and managing inventory better lead to lower costs and better cash flow. Transportation.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

Elementum

FEBRUARY 7, 2024

It enables businesses to achieve operational excellence and improve workflows. Automation supports employees and requires continuous improvement and governance. It integrates deeply within business systems, allowing companies to manage inventory, oversee contracts, and refine production processes more effectively.

Cost Reduction Strategies 78

Cost Reduction Strategies Supply Chain Software Predictive Analytics Software Resource Reduction 78

The Lean Supply Chain

AUGUST 5, 2015

It can take months to negotiate a complex SLA/KPI document, as you go back and forth with your logistics provider so the document becomes a “win-win” for both parties. Both parties will know how the partnership is moving along based on hitting the targets in this SLA/KPI document. Not everything is costs or price discussions.

Negotiating Skills 40

Negotiating Skills Logistics Network Optimization Software KPI Six Sigma 40

Vecco International

MARCH 31, 2015

Collaboration with business partners can yield significant benefits including increased supply assurance, reduction in latency and lower inventory levels, faster product innovation cycles, increased flexibility to respond to change and increased revenue. Involve actual users in creation of user documentation & on-line help.

Material Savings 40

Material Savings Inventory Reduction Cost Reduction Strategies Modeling 40

ThroughPut

MARCH 11, 2024

This is done to meet the strategic objectives of enabling product innovation, operations cost reduction, regulatory compliance, inventory management and quality maintenance. Most often this is related to the inventory management function which directly helps monitor inventory levels and therefore controls potential stockout issues.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Handbook 52

Unleashed

OCTOBER 5, 2023

Warehouse management encompasses a range of tasks, including: Inventory tracking Order fulfilment Organising storage spaces Optimising layouts Managing personnel Efficient and organised warehouse management plays a crucial role in supply chain management by contributing to timely deliveries and overall customer satisfaction.

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

Unleashed

OCTOBER 23, 2023

This document describes in detail every step of the production process investigated and outlined during the planning phase. Reduced waste: Optimising processes and inventory means gaining a more accurate understanding of your requirements. What is a production plan?

Waste Reduction 98

Waste Reduction Resource Reduction Inventory Reduction Material Savings 98

GlobalTranz

JUNE 2, 2016

It would mean joint problem solving/joint idea sessions/brainstorming continuous improvement and co-creation. If you don’t measure this partnership, you will never know how both parties are doing as to meeting the agreed upon metrics, including cost reduction efforts and continuous improvement.

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120