Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. A Decline in Innovation. Ironically, technology innovation is the highest that I have ever seen. He asked me to help him understand why his customer service and shipment reliability were poor.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

SYSPRO Smarter ERP

DECEMBER 28, 2021

The pandemic has been the catalyst for change, with a drive to fundamentally rethink the manufacturing and distribution space. Surprisingly, many organizations have begun their recovery from the effects of the pandemic with 40% of all businesses surveyed within the Manufacturing CFO 4.0 Digitalization remains key to success.

Manufacturing Procurement 105

Manufacturing Procurement Manufacturing Supply Chain Software Logistics Network Optimization Software 105

Supply Chain Shaman

FEBRUARY 18, 2021

This means building a cognitive engine to sense, learn, and adapt using market data for innovators. Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Customer service is red.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Supply Chain Shaman

SEPTEMBER 27, 2021

Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Current State of Visibility. Your wallet has a social security or a passport number. Close this gap.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

Supply Chain Shaman

NOVEMBER 21, 2022

The perspective of a manufacturing leader is quite different than that of a business leader in logistics. Companies having the teams from source, make, and deliver reporting to a common leader tend to be the most balanced, with the smallest gaps between operations and commercial teams. “ Reflection. Identify the patterns.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 288

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Seen optimistically, this challenging trade environment is a catalyst for a slew of innovative measures and creative tactics to mitigate tariff costs – although one could argue that supply chain optimization from a cost and performance perspective is something that firms should already be doing on an ongoing basis. This practice is illegal.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. The Companies with the greatest success are smaller and usually drive product innovation into the market. Or a similar comparison of customer orders or planned orders? Or planned orders to purchase orders?) Go to the source. ” Anna, this blog post is for you.

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

Slimstock

MARCH 26, 2019

Though it’s often overlooked as an element of customer satisfaction, procurement is an essential component for delivering that satisfaction. Procurement involves buying goods and services that keep an organization operating; it ensures warehouses are well-stocked with the proper supplies at all times.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 66

Supply Chain Shaman

FEBRUARY 14, 2022

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) The process mistakes include: Mistake #1. Mistake #3. My challenge?

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

QAD

JANUARY 19, 2023

E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. No matter the industry, customer satisfaction remains of utmost importance. Working proficiently relies on moving parts, but the bottom line is simple: meeting customer demand. What is Supply Chain Management?

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

American Global Logistics

SEPTEMBER 12, 2023

It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. In today's rapidly evolving business landscape, innovation has become a key driver of competitive advantage. Recycling and reuse lend themselves to innovation.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

Supply Chain Shaman

AUGUST 20, 2023

The focus of today’s architecture is on manufacturing. In the current planning architecture, transportation and procurement operate in isolation. The second lie is that supply chain excellence is achieved by trading off cost, customer service, and inventory. DRP and TMS have nothing in common. The problem?

Optimal Sourcing 308

Optimal Sourcing Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 308

Supply Chain Shaman

MARCH 12, 2019

These sources while functional are difficult to connect. Most deployments focus on functional excellence–manufacturing, transportation, customer service or procurement. There are no solutions that connect source, make and deliver in many-to-many architectures. Figure 1 is a picture from a client.

Prescriptive Analytics Software 173

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 173

Oracle SCM

NOVEMBER 18, 2016

Every year during the holidays, anxiety hits shoppers, retailers, and manufacturers alike about whether the season’s hottest products will face shortages. For manufacturers, at least, it doesn’t have to be this way. Partner for Manufacturing Flexibility. Outsourcing production or procurement of certain components.

Manufacturing Procurement 60

Manufacturing Procurement Manufacturing Supply Chain Planning Software Procurement Solutions 60

ToolsGroup

DECEMBER 17, 2020

We saw this right at the start of the pandemic, when parts being manufactured in Wuhan province disrupted car manufacturers’ production lines around the world. How supply chain disconnections disrupt service. Common disconnects like these ultimately translate to high supply chain costs and poor customer service.

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 275

Supply Chain Shaman

MAY 30, 2019

Meanwhile, turbulence is the norm for manufacturing supply chains. Be Careful on Customer Service Automation. Customer service automation is an ongoing opportunity. The customer experience is rough. Today, as I tried to get service from a local network provider, the response was, “Sorry. What to Do?

Inventory Reduction 197

Inventory Reduction Waste Reduction Cost Reduction Strategies Sourcing Strategies 197

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Businesses gain agility and can focus human resources on strategic work.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

ToolsGroup

OCTOBER 20, 2015

Source: Supply Chain Digest. Last month, Lennox Residential was runner-up in the 2015 Council of Supply Chain Management Professionals (CSCMP) Supply Chain Innovation competition, arguably the top supply chain award in North America. Source: Lennox. What does it take to create an award-winning supply chain?

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Supply Chain Software 120

Logistics Viewpoints

MAY 27, 2021

Even before the emergence of COVID-19, next-day and same-day delivery promises from mega retailers, as well as new delivery models such as store pick-up, were driving increasing customer expectations — not just in retail, but in every industry. A recent survey by PWC demonstrated that the most innovative supply chain leaders ?

Optimal Sourcing 231

Optimal Sourcing Supply Chain Software Logistics Network Optimization Software Modeling 231

Supply Chain Matters

JULY 15, 2022

This Ferrari Consulting and Research Group advisory brief provides added perspectives on premium personal fitness equipment and services provider Peloton Interactive , the litany of events that have surrounded the company, and some lessons acquired. Production capabilities needed to support advanced design and product innovation.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. Production Lead Time: Encompassing manufacturing, quality control, assembly, and related processes. Each type of lead time can impact the global process.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Meanwhile, Lowe’s has created the LoweBot , which boosts customer service, explains Dan Gilmore of Supply Chain Digest. Technology Will Reshape Procurement Practices. Procurement strategy was not always evident.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

OptiProERP

JUNE 28, 2023

In this blog post, we will explore the significance of these interconnected systems and shed light on how they contribute to the success and growth of manufacturing and distribution businesses. It should evolve between agile, responsive, innovative, and low-cost. It aims to add value to its raw materials for manufacturing and shipment.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Resource Reduction 52

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. 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

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

M&M SBU has been able to increase service levels by 10%, reduce customer response times by 40%, and grow business revenue by 10%. The automotive and farm equipment manufacturing giant’s Spares Business Unit (SBU) witnessed lost sales revenues due to stockouts and tight working capital as a result of high inventory investment.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Forecasting Software Modeling 179

Supply Chain Shaman

NOVEMBER 21, 2018

In this push, Oracle, SAP and INFOR became revenue market leaders in APS, but under-served the market in the delivery of innovation. Spiraling transportation costs, tariff shifts and increased expectations for customer service sparks new interest in supply chain planning. On customer service? Sadly, it did not.

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

The Logistics & Supply Chain Management Society

JULY 21, 2020

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

Logility

MAY 20, 2021

One supply chain leader of a consumer durable goods manufacturer stated that raw material prices are rising dramatically, as are the prices for inbound shipping to move components into the factory. has declared force majeure events in order to justify factory-crippling shortages. Rethinking the Relevance of ERP for the Supply Chain.

Supply Chain Planning Software 131

Supply Chain Planning Software Optimization Software Analytics Software Demand Planning Software 131

SCMDOJO

MARCH 15, 2023

And one of the most promising innovations in recent years is ChatGPT for supply chain. Read More: The Challenges and Opportunities of Implementing Artificial Intelligence in Procurement ] What is ChatGPT? This information can help supply chain teams to better understand and solve complex problems related to procurement processes.

Supply Chain Design Software 126

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 126

NC State SCRC

MAY 5, 2017

The relationship between sales and procurement has always been a contentious one, and the idea of a friendship evolving between the two functions is laughable in the minds of many managers I’ve met with. Sales account managers accuse procurement of being purely price focused, and not recognizing the components of value.

Optimal Sourcing 40

Optimal Sourcing Material Savings Negotiating Skills Manufacturing Procurement 40

Supply Chain Shaman

OCTOBER 1, 2013

Both companies provide packaging materials to the food manufacturing industry. Sonoco Products, on the other hand, had a clear objective to maximize asset utilization while improving customer service for strategic customers. billion company, manufactures glass containers with headquarters in the Midwest.

Illinois 251

Illinois Waste Reduction Supply Chain Planning Software S&OP 251

Supply Chain Game Changer

JULY 31, 2019

Procurement – the effective purchasing of raw materials, back-office goods and professional services – as well as Logistics – the orchestration of the movement of those goods – might not seem to be as important as sales, marketing, R&D or finance at first blush. Do you want your Supply Chain to be fast, cheap, or flexible?

Manufacturing Procurement 72

Manufacturing Procurement Pharmaceutical Supply Chain Planning Supply Chain Strategy 72

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?” Nine times out of ten improving customer service requires different management of the budget cycle and a rethinking of financial planning. Background. These are natural shock absorbers.

Supply Chain Design Software 183

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

The Logistics & Supply Chain Management Society

JUNE 10, 2021

Global Supply Chain & Sourcing Director for ECCO Global Shoe Production & Sourcing. I packed my (one) bag to start a considerable journey into becoming a Supply Chain Professional from the manufacturing floor up, with Detmold (Detpak) Packaging. . Being financially savvy is a new basic.

Sourcing Strategies 162

Sourcing Strategies Manufacturing Procurement Material Savings Negotiating Skills 162

Enterra Insights

OCTOBER 26, 2023

They need to take into account cost, speed, profit, customer service, and risk. Companies can leverage social media to obtain consumer behavior analytics while also monitoring the industry, news and other sources that can indicate potential supply chain disruptions like the passing of a new regulation.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

Elementum

SEPTEMBER 30, 2021

We talk about supply chain as though it’s one thing when really it’s a combination of several different disciplines: procurement, planning, manufacturing, logistics, distribution, operations, customer service. It’s great if you love manufacturing, try logistics; try procurement; try planning.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 147

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. The goal is to keep inventory levels at a minimum to meet customer needs. Every company knows customer service is important, but it is seldom well-defined, and even more rarely measured in logistics operations.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120