Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

Supply Chain Game Changer

MAY 11, 2022

Most manufacturers still rely on traditional methods to promote their business. Word-of-mouth referrals, networking events, and trade shows are still preferred by those in the manufacturing industry for a good reason they still work. Five Tips For Digital Marketing for Manufacturing Success. Consult With The Experts.

Manufacturing Procurement 96

Manufacturing Procurement Waste Reduction Manufacturing Resource Reduction 96

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. Kanban came from the same place as the wider principles of lean manufacturing: Toyota. Each card represents one work item.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

GlobalTranz

JUNE 30, 2017

Manufacturers have always struggled to know their customers. Unfortunately, this means manufacturers face an even greater challenge, as more customers translate into greater use of customer service. But, how do manufacturers turn their focus to the customer experience? Determine What Customers Want Today.

Manufacturing Procurement 205

Manufacturing Procurement Manufacturing Procurement Analytics Price Reduction 205

GlobalTranz

JANUARY 18, 2017

What makes or breaks a new technology in manufacturing? Mostly, manufacturers demand technologies that can boost their output without causing an additional strain on resources, and the final five technologies changing manufacturing in 2016 did just that. In other words, some manufacturers continue to resist the trend.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Software Optimal Sourcing Material Savings 120

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. Manufacturing KPIs. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 105

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

Supply Chain Game Changer

SEPTEMBER 15, 2021

Manufacturing SMBs article and permission to publish here provided by Alina Akk. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain. You can’t manufacture shiny new goods without raw materials, after all. Subscribe Here! Email Address.

Inventory Management Software 92

Inventory Management Software Manufacturing Procurement Inventory Management Supply Chain Planning Software 92

Supply Chain Shaman

FEBRUARY 1, 2024

Over the course of the last decade, his story is the same. Contract Manufacturing Signal Latency. In my last blog post, I shared insights on data synchronization between brand owners and contract manufacturing. In our research, we find that 32% of volume is manufactured by a third party. Back to John.

Supply Chain Planning Software 330

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 330

Supply Chain Game Changer

MARCH 14, 2022

If you’re looking to start or improve your career in the field of supply chain management courses, you might be wondering where to start. Supply Chain Management Courses. It’s hard to nail down just five of the best Supply Chain Management courses online because there are so many great options. They begin with an idea.

Course 115

Course Supply Chain Planning Software Agile and Lean Supply Chain Vendor Strategies 115

SCMDOJO

APRIL 11, 2023

Fortunately, there are numerous courses available to help you develop your expertise in supply chain management, regardless of your level of experience. In this article, we’ll take a closer look at the top 10 supply chain management courses that can take your career to the next level. Ratings of each course will also be included.

Supply Chain Design Software 113

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

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

DynaSys

FEBRUARY 17, 2021

If automotive supply chain actors have learned one thing over the course of the past year, it is that they must rapidly respond and plan for disruptions to their supply chains. Automotive suppliers regularly receive Electronic Data Interchange (EDI) demand signals from car manufacturers. An adaptive tool for a shifting demand.

Manufacturing Procurement 98

Manufacturing Procurement Automotive Supply Chain Planning Software Manufacturing 98

Enterra Insights

MARCH 1, 2019

The BCG analysts explain, “Today, another workforce transformation is on the horizon as manufacturing experiences a fourth wave of technological advancement: the rise of new digital industrial technologies that are collectively known as Industry 4.0.” ”[2] Computers and digital manufacturing ushered in other Industry 4.0

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Analytics Software 100

Precoro

JULY 16, 2023

The purchasing department plays a critical role in the success of an organization. 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.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

GlobalTranz

NOVEMBER 9, 2016

Simply using common calendar tools, such as Google, means you are using the IoT, but the Industrial Internet of Things (IIoT) leads to the use of connected, smart devices to reduce inefficiencies, delays, and inaccuracies throughout the product lifecycle, including procurement as well. Warehouse Management. Transportation Management.

Internet of things 246

Internet of things Manufacturing Procurement Supply Chain Software Logistics Network Optimization Software 246

ivalua

AUGUST 17, 2021

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

Unleashed

JUNE 15, 2021

Contract manufacturing is when a business outsources certain manufacturing requirements to another. It is often used by major companies requiring the mass production of goods that find it more financially viable to outsource the manufacturing. Who uses contract manufacturing? How does contract manufacturing work?

Manufacturing Procurement 80

Manufacturing Procurement Manufacturing Modeling Material Savings 80

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

Logistics Viewpoints

APRIL 22, 2024

Georgia-Pacific and its subsidiaries manufacture and distribute a wide range of consumer products, including bath tissue, paper towels, napkins, tableware, paper-based packaging, cellulose, specialty fibers, and building products. Of course, getting a promise right is vital. Using words to describe Causal AI only takes you so far.

Georgia 225

Georgia Optimal Sourcing Modeling Modeling Software 225

GlobalTranz

JANUARY 19, 2015

There’s more involved in successfully reshoring a foreign manufacturing operation back to the U.S. 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. than simple cost comparisons.

Manufacturing Procurement 120

Manufacturing Procurement Purchasing Skills Buyer Training Manufacturing 120

GlobalTranz

JANUARY 17, 2017

Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. VR tends to replace the entire image.

Manufacturing Procurement 120

Manufacturing Procurement Predictive Analytics Procurement Analytics Predictive Analytics Software 120

GlobalTranz

JANUARY 12, 2015

This is the first post in a two part series on the “Changing Face of Manufacturing.” ” We have many manufacturing shipper customers, and we love to create content of value for them on such subjects as best practices in logistics or trends around the supply chain. Drop in the price of crude oil.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Optimal Sourcing Price Reduction 120

The Logistics of Logistics

MAY 10, 2023

Jorge is Co-CEO of The Nearshore Company , where he helps North American, European, and Asian manufacturing companies to successfully establish reliable manufacturing operations in Mexico. About The Nearshore Company The Nearshore Company is a manufacturing services company that was founded in 1992. Jorge holds a B.A.

Mexico 210

Mexico China Manufacturing Procurement Sourcing Strategies 210

Unleashed

NOVEMBER 16, 2022

New manufacturing data has revealed which industries and nations are leading the way in the post-pandemic economic recovery – and the tactics they’re using to beat supply chain disruption. The average price paid for goods purchased. Sector performance for UK manufacturers Of course, the overall figures only tell part of the story.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Price Reduction 52

DynaSys

SEPTEMBER 8, 2020

Years ago, I saw a statistic that many people do not purchase a fire extinguisher for their residences until after they experience an actual incident. The same concept works for business and manufacturing. Executives of CPG manufacturers need to take a new look at crisis management as a matter of social responsibility.

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Planning Software Manufacturing Supply Chain Network Software 62

Logistics Viewpoints

FEBRUARY 2, 2024

cities over the course of the year, bringing the total number to 110. Teradyne , a supplier of semiconductor testing equipment, pulled manufacturing worth about $1 billion out of China last year, a Teradyne spokesperson said on Monday, after U.S. export regulations led to supply chain disruptions.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

Logistics Viewpoints

AUGUST 24, 2022

As Brent mentioned in his introduction, it has been a challenging few years for semiconductor manufacturers. Brent pointed out that Covid created small interruptions for many companies in terms of sourcing semiconductor chip materials. Qualcomm turned to more automation in its semiconductor manufacturing.

Sourcing Strategies 207

Sourcing Strategies Material Savings Resource Reduction Manufacturing Procurement 207

Procurement Academy

JUNE 7, 2022

In the 1970s and 80s, savvy organizations began to realize that they could make significant savings by sourcing raw materials and parts from markets such as Taiwan, Singapore, and China. However, cost and competition still need to be at the forefront of supply chain and procurement decision-making, or the business will suffer.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 52

Procurement Academy

JUNE 7, 2022

In the 1970s and 80s, savvy organizations began to realize that they could make significant savings by sourcing raw materials and parts from markets such as Taiwan, Singapore, and China. However, cost and competition still need to be at the forefront of supply chain and procurement decision-making, or the business will suffer.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 52

GlobalTranz

JUNE 16, 2015

Throughout the course of business, business owners, who may be in the manufacturing, retail, or in another industry, find themselves focusing on innovation. In fact, the annual ChainLink Research Study found innovation to be the top focus for those involved in the manufacturing community.

Manufacturing Procurement 120

Manufacturing Procurement Innovation Manufacturing Purchasing Skills 120

USC Consulting Group

DECEMBER 5, 2018

But as buyers bolt to malls to take advantage of last-minute deals and purchase gifts online, manufacturers here and abroad are navigating a holiday rush all their own. Finding success during peak season is, of course, no easy task. What exactly are these peak season manufacturing best practices? Keep an eye on manpower.

Manufacturing Procurement 56

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Manufacturing 56

Logistics Bureau

JUNE 21, 2020

The short answer is that it is indeed possible to re-shore manufacturing but it will take a change in government policies as well as sizeable state incentives to private enterprise to turn the ship around. Can Australian Manufacturing be Brought Back Home from China? Only time will tell. Why China Became Australia’s Factory.

Manufacturing Procurement 59

Manufacturing Procurement China Manufacturing Australia 59

GlobalTranz

MARCH 23, 2016

These metrics would, of course, be aligned and are updated every hour. Of course, you would also have the responsible workers as a team performing Kaizen to eliminate the root causes. To start you must have the KPI's visual along the value stream.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

IQMS

JULY 2, 2018

72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient. 72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient. Real-Time Monitoring Is At An Inflection Point.

Manufacturing Procurement 71

Manufacturing Procurement Optimal Sourcing Manufacturing Inventory Reduction 71

ModusLink Corporation

NOVEMBER 30, 2021

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017).

Manufacturing Procurement 78

Manufacturing Procurement Procurement Solutions Optimal Sourcing Negotiating Skills 78

GlobalTranz

JULY 24, 2015

Supply chain management in manufacturing is by no means a simple process, but the United States is learning from past mistakes and they're poised to start playing a little catch-up in the manufacturing world due to their expertise. Government Weighs In on Supply Chain Management in Manufacturing. The Numbers Are In.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Manufacturing 120

Enterra Insights

MAY 26, 2022

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Manufacturing Procurement Predictive Analytics Software 130