Logility

AUGUST 14, 2020

Better forecasting implementations relate to: Preparing data for analysis; Measuring data currency, coverage and accuracy; Understanding how order fulfilment impacts your forecasts; and. By manufacturer or brand. For example, a category manager wants to track products before and after a promotion, by region and manufacturer.

Forecasting 147

Forecasting Forecasting Software Demand Planning Software Modeling 147

The Network Effect

JULY 18, 2014

A few years ago, a news report came out of China stating that they were going to put an end to pegging the renminbi (China’s domestic currency) against the U.S. This was a long awaited announcement that completely shocked the global currency markets sparking massive trades out of the U.S. dollar into Asian currencies.

Supply and Demand 175

Supply and Demand Supply Chain Planning Currency Supply Chain 175

GlobalTranz

JUNE 23, 2015

Many off-shore manufacturers have returned to the U.S., Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. Engineering isn’t disconnected from manufacturing.

Cost Reduction Strategies 120

Cost Reduction Strategies Expense Reduction Inventory Reduction Material Savings 120

Supply Chain Matters

JANUARY 3, 2024

The increased cost of working capital and supplemental inventory levels to mitigate fulfillment risk is likely to revert back to just-in-time inventory management. Manufacturing and Supply Chain Activity Levels- Global-wide manufacturing levels as depicted in the J.P. This level represents a contraction of $1.5

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Logility

MAY 5, 2020

Ampacet Corporation is the world’s leading manufacturer of the pelletized pigments that add colors to plastics. The company spans the globe with 12 manufacturing sites on four continents. You may also like: Sensient Colors Mixes the Right Formula for Inventory Optimization. We still had two separate systems,” Smith said.

Supply Chain Planning Software 150

Supply Chain Planning Software Logility Supply Chain Optimization Supply Chain Software 150

EMERGE App

AUGUST 22, 2019

Not Another List of Inventory Management Techniques. I want to start by saying that this is not an exhaustive list of all the possible inventory management techniques available for all industries. What we will cover are practical inventory management techniques that: Our customers use; and. Downside of Inventory Mismanagement.

Inventory Management Software 66

Inventory Management Software Inventory Management Inventory Reduction Inventory 66

20Cube Logistics

JANUARY 27, 2022

However, despite becoming the latest epicenter for sourcing and manufacturing activities, economic growth in certain countries is expected to slow down this year due to various reasons. This is a direct result of the overstocking/stockpiling that happened in Asian manufacturing and retailing sectors. International Travel Policies.

Manufacturing Procurement 83

Manufacturing Procurement Asia Currency Policies 83

DynaSys

JANUARY 20, 2021

Finally, be mindful of the currency expected for your receivables and payables. Regional supply chain disruptions can add another worry when payment is expected or receivables need to be covered in a foreign currency – a currency that can dramatically shift in value as the contract is being fulfilled.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Optimization 98

QAD

DECEMBER 1, 2022

The Checklist investigates how well e-commerce platforms deal with such areas as customer acquisition, supporting multi-store capabilities, managing costs, coordinating cross-border commerce, tracking inventory accurately, and other means of improving the customer experience. The Value of B2B e-Commerce. Are you getting the data you need?

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Demand Planning Software Eliminating Excel in Purchasing 97

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?” Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. Most budgets are completed in currency at a brand level. Background. Time horizon.

Supply Chain Design Software 183

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

QAD

FEBRUARY 28, 2024

Achieving the best customer service while reducing costs — i.e., avoiding excess inventory — and increasing profits. Using the same volume measurements, currency, values, and wording throughout the matrix is important. Delivering the right quantities, to the right places and on time, based on the forecast of consumer demand.

Supply and Demand 52

Supply and Demand Demand Planning Software Supply Chain Planning Software Forecasting Software 52

The Network Effect

OCTOBER 30, 2015

In earlier posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , and the all important ASN. DDP (delivered duty paid), where the named place is the manufacturers receiving location.

Automotive 100

Automotive Supply Chain Design Software Shipping Manufacturing Procurement 100

Kinaxis

OCTOBER 1, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. If your supplier decides that you need to pay more or global currency exchange rates drive up the cost of a component (and you have no alternatives ready to go) your margins can be significantly impacted.

Supply Chain Risk Management 255

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 255

Enterra Insights

MARCH 9, 2021

” If manufacturers didn’t believe that truism before, they certainly believe now it — thanks to 2020. ” If manufacturers didn’t believe that truism before, they certainly believe now it — thanks to 2020. “Pilots were fruitful enough to convince manufacturers about the importance of data. .

Supply Chain Planning Software 130

Supply Chain Planning Software Industrial Industry Supply Chain Design Software 130

Supply Chain Matters

JANUARY 6, 2023

The value of the US Dollar consistently increasing during 2022 against other global currencies, providing added headwinds to counties and businesses globally in the form of added inflationary cost pressures. Global manufacturing activity as depicted by the J. Business Sentiment. a 30-month low. Prediction Implications.

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 98

NC State SCRC

APRIL 3, 2019

The type of contract of interest in this report is for Development and Manufacture contracts in the Aerospace and Defense industries. The subcontract efforts feature the majority of military and part of commercial aviation, systems are outsourced by the overall airframe manufacturer, known as “primes” (Boeing, Airbus, Sikorski, etc.)

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

Supply Chain Matters

OCTOBER 5, 2022

Supply Chain Matters provides a side panel supplementary update to our prior posted blog highlighting the latest reported September and Q3 global and regional PMI indices that indicate manufacturing contraction has begun. Noted was that 90 developing countries have seen their currencies weaken against the high U.S. dollar this year.

Price Reduction 52

Price Reduction Inventory Reduction Global Forecasting 52

Unleashed

MARCH 3, 2020

One of our New Zealand metalwork manufacturers who relies on overseas suppliers for their materials has seen huge supply shortages this month. The alternative is to carry more inventory, but this carries higher holding costs.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 105

ivalua

JULY 22, 2015

Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. Financing, hedging, and currency plays. The first two signs dealt with goal alignment and understanding internal customer needs. alternatives.

Optimal Sourcing 100

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 100

SCMDOJO

NOVEMBER 17, 2023

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. Professionals in this field often find themselves venturing into manufacturing, IT, technology, ERP systems, and even commercial roles. Eight core competencies stand out, encompassing crucial aspects of SCM.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Enterra Insights

AUGUST 29, 2023

With economic and non-economic shocks entangled all the way down, it is little wonder that an unfamiliar term is gaining currency — the polycrisis.”[2] … Aside from changing the physical elements of ports and infrastructure to protect against impending climate change, manufacturers can shift their own strategies to adapt.

Risk Management 130

Risk Management Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 130

3PL Insights

MAY 3, 2021

Data is the new business currency. Our customers identified a need for a data insight tool that shows trends in their inventory and transactions,” Evans says. The tool provides warehouse customers a holistic view of their account activity based on real-time data. “As Evans, President and CEO.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Tools Distribution 52

Talking Logistics

MARCH 25, 2016

While omnichannel retailing is in the spotlight these days, lurking in the shadows is another big challenge and opportunity many retailers (and manufacturers looking to sell direct to consumers) have been struggling with for years: cross-border e-commerce.” E-commerce sales rose 29% in 2015 to $362 million, about 10% of total revenue.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Prescriptive Analytics Software Supply Chain Planning Software Predictive Analytics Software 100

DynaSys

JANUARY 22, 2021

This accurate forecast is used as part of a structured, repeatable process to create production plans that will drive manufacturing efficiencies and ensure sufficient inventory is produced to meet all customer demand until the next production run.

Supply Chain Planning 52

Supply Chain Planning S&OP Scenario Planning Forecasting 52

EMERGE App

NOVEMBER 4, 2018

Manufacturers vs Trading Companies. Manufacturers make the product themselves and will sell the goods directly to you. Make sure that you deal directly with manufacturers and not trading companies. Manufacturers can and will change their products’ specs with little or short notice. Order Product Samples.

Purchasing Skills 49

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 49

Supply Chain Shaman

JULY 29, 2013

We have been taught, as supply chain leaders, that over the last decade supply chain processes have improved costs, shortened cycle times, improved customer service and decreased inventory. Based on our recent research, we find that only 1% of process-based companies are making progress on both operating margins and inventory.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 285

EC Sourcing Group

SEPTEMBER 7, 2021

Manufacture or refine these goods into basic components. You’re using all the same currency. Opting to use Vendor Managed Inventory (VMI) services to help reduce overspend. Taking a deeper look at global markets, deciding if suppliers, where you must use currency conversion, are saving you money. Data cleanup.

Analysis 52

Analysis Material Savings Manufacturing Procurement Supply Chain Software 52

Kinaxis

JUNE 24, 2016

One organization that did this well was a global consumer electronics company that operated across many competitive marketplaces and faced fluctuating currencies and foreign exchange rates. Revenue and margin were the two primary measures, with product mix, manufacturing locations, and currency rates as an overlay.

S&OP 120

S&OP Supply and Demand Inventory Reduction Cost Reduction Strategies 120

Material Handling & Logistics

APRIL 2, 2018

Economic activity in the manufacturing sector expanded in March, and the overall economy grew for the 107th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report on Business. Fiore, Chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee: .

Manufacturing Procurement 57

Manufacturing Procurement Chemicals Currency Electronics 57

EMERGE App

NOVEMBER 4, 2018

Manufacturers vs Trading Companies. Manufacturers make the product themselves and will sell the goods directly to you. Make sure that you deal directly with manufacturers and not trading companies. Manufacturers can and will change their products’ specs with little or short notice. Order Product Samples.

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 40

Kinaxis

APRIL 18, 2019

Temperature, timing, and few supply options with no buffer inventory to satisfy demand are all risk factors along with the fact this is a high touch supply chain requiring extremely talented individuals. Coordinating regulatory approvals with the ability to manufacture could make or break capturing market share.

Supply Chain Planning Software 132

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Supply Chain Strategy 132

OptiProERP

MAY 1, 2019

Manufacturing companies convert raw materials into a form that is of more value and use for the consumer. The planning horizon of MRP is at least as long as the combined purchase and manufacturing lead times. What is Manufacturing Resource Planning (MRP II) Software?

Supply Chain Planning Software 58

Supply Chain Planning Software Material Savings Resource Reduction Supply Chain Design Software 58

Unleashed

MARCH 11, 2021

The best inventory software solves a lot of problems – and should open up opportunities too. Below we explain the must-have inventory management software features you need when investing in a proper inventory management software solution. Where you’re at in the inventory management software buying journey.

Inventory Management Software 97

Inventory Management Software Inventory Management Procurement Solutions Analytics Software 97

LevaData

APRIL 21, 2021

While the most obvious impact has been within the automotive industry (the lack of critical semiconductors led to shutdowns of auto factories for all the major manufacturers ), the shortage has undoubtedly generated supply chain risks across the board. In fact, semiconductor shortages have been reported across almost all major IC groups.

Supply Chain Planning Software 52

Supply Chain Planning Software Prescriptive Analytics Software Procurement Analytics Supply Chain Planning 52

Demand Solutions

FEBRUARY 4, 2016

dollars, become even more expensive for economies with weakening currencies. All of that inventory sitting there is probably your largest expense next to headcount. But don’t just cut inventory blindly. You can actually increase your customer service levels at the same time you’re cutting inventory.

Expense Reduction 100

Expense Reduction Inventory Reduction Cost Reduction Strategies Price Reduction 100

Demand Solutions

FEBRUARY 4, 2016

dollars, become even more expensive for economies with weakening currencies. All of that inventory sitting there is probably your largest expense next to headcount. But don’t just cut inventory blindly. You can actually increase your customer service levels at the same time you’re cutting inventory.

Expense Reduction 100

Expense Reduction Inventory Reduction Cost Reduction Strategies Price Reduction 100

Supply Chain Insights

JULY 6, 2017

Blockchain is the framework or data structure that was created to house the transactions of the digital currency or “cryptocurrency” like bitcoin. And if you’re thinking about the Book of Revelation and are concerned about one-world currencies, well, yep, that is certainly how it may come about. Doesn’t that make sense?

Supply and Demand 62

Supply and Demand Real-time Visibility Currency Supply Chain Planning Software 62