Logistics Bureau

MARCH 30, 2020

This once-popular strategy flies in the face of the modern trend of striving for lean production processes, but those companies which were carrying buffer inventory are weathering the Coronavirus storm better than most. 5) Measure the Risks Using Latest Technology.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Agile and Lean Supply Chain 52

DELMIA Quintiq

APRIL 23, 2021

For manufacturers seeking resilience, superior data management enabled by AI-driven virtual twins holds the key. IDC’s Kevin Prouty explains: “The amount of data generated in industrial companies is expected to increase by as much as 400% over the next five years.” Collaborative Lean Operations.

Price Mitigation Strategies 31

Price Mitigation Strategies Supply Chain Design Software Supply Chain Planning Software Optimization Software 31

Unleashed

FEBRUARY 14, 2023

This will likely include various types of automation including computer-aided engineering, enterprise management systems, robots, and automated integrations. Quality control, storage, data management, and distribution are also automated.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Supply Chain Design Software Examples 52

DiManEx

JUNE 18, 2019

7+ years of experience in experience in (Additive) Manufacturing and/or Supply Chain Management. ? Experience with Data Management, preferably in Supply Chain. ? Highly analytical with ability to tie product decisions & recommendations to ROI, data, and available metrics. ?

Analytics Software 53

Analytics Software Supply Chain Network Software Optimization Software Waste Reduction 53

SYSPRO Smarter ERP

APRIL 18, 2022

Data management and integration through a portal or portal dashboard enabled by an ERP system gives manufacturers and distributors the ability to engage, communicate and connect with colleagues, suppliers and customers while giving manufacturers the control and agility they need to deliver on changing needs and demands.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 124

Logistics Bureau

JANUARY 3, 2018

2018 Trend #4: Elastic is the New Lean. Furthermore, they may signal the end of “lean” as a dominant force in supply chain design and strategy. In place of lean, we might have to get used to a new conceptual buzzword in supply chain management—elastic logistics.

Supply Chain Design Software 64

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 64

Supply Chain Game Changer

NOVEMBER 19, 2018

Lean for instance is equally applicable in Supply Chain as it is in Manufacturing or anywhere else. Cost and Profit Management. Raw Materials, Buyers, Planners, Product Data Management, Commodity Managers, Freight and Logistics, Distributors, Suppliers, Systems (eg. Promoting Supply Chain Value.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

SCMDOJO

DECEMBER 18, 2023

Regular Auditing/Cycle Counting: Maintain accuracy through regular audits, ensuring precision in inventory data management and responding promptly to any discrepancies. This identifies items that are no longer in use or relevant and ensures a lean and efficient spare parts inventory.

Inventory Reduction 63

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 63

ThroughPut

JANUARY 2, 2024

What is Just-In-Time (JIT) Inventory Management? Just-In-Time (JIT) Inventory Management, also known as lean manufacturing or the Toyota Production System (TPS), is a strategy that aligns raw-material orders from suppliers directly with production schedules.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

RFgen

JANUARY 23, 2023

When it comes to weighing pros and cons, instant material movements and effortless data management are hard to say ‘no’ to. Here’s why: Better supply chain visibility of stock Mobile inventory management provides many benefits to the modern warehouse. Mobility enables you to run a lean warehouse with optimal inventory flows.

Inventory Management Software 52

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

ThroughPut

MARCH 25, 2024

Common issues with Demand Forecasting are lack of understanding the complexity of demand patterns and data quality and integration issues. These forecasting issues often stem from a combination of factors related to data management, analytical processes, and organizational structure.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Logility

SEPTEMBER 19, 2022

If the pandemic taught the supply chain nothing else, it highlighted the necessity for the consumer-focused beverage industry to embrace the value of data. Getting the data needed requires an investment in both supply chain talent and technology.

Beverage 130

Beverage Supply Chain Planning Software Agile and Lean Supply Chain Optimal Sourcing 130

Vecco International

MARCH 31, 2015

First published in the April 2012 edition of the Lean Management Journal (LMJ) and republished here with permission. In the following section, I propose a four-layer model that leading executives have found useful in understanding and managing this issue. The Four Layers. This was not reflected in the systems design.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 40

Supply Chain Game Changer

NOVEMBER 9, 2018

Most companies have a Procurement function, Distribution, Logistics, Planning, Inventory Management, Product Data Management, and Operations. Lean, Agility). Lack of an effective Supplier Relationship Management program. Your Supply Chain experience is invaluable and it is transferrable. Poor customer feedback.

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 43

Silvon Software

APRIL 18, 2024

This underscores the need for a unified approach to data management that transcends traditional departmental barriers, incorporating advanced technologies such as artificial intelligence (AI) and advanced analytics. This ensures that operations are lean and responsive to market demands.

Manufacturing Procurement 58

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 58

Logistics Bureau

NOVEMBER 16, 2020

Data Managers. Data management and data control are essential tools to help supply chain chiefs sift through accurate information before making important management decisions. Finance managers. IT Specialists. Production Planner/Inventory Controller.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

ToolsGroup

MAY 2, 2023

Many of the retailers we spoke to are leaning into AI-powered retail planning solutions that power the better, faster decisions that lead to greener supply chains and better business performance. This is why solutions that can easily adapt with various ERPs, POS systems, and other inventory data management repositories are gaining traction.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Network Software Inventory Reduction Demand Planning Software 156

Enterra Insights

DECEMBER 1, 2020

Stephanie Overby ( @stephanieoverby ) writes, “Most business leaders have a reasonable understanding of big data, but some significant misunderstandings persist. The first, and perhaps most damaging, is the assumption that all big data has business value.”[5] ” MacMillan’s point is a fair one.

Big Data 157

Big Data Data Analytics Software Sourcing Strategies 157

Unleashed

APRIL 18, 2022

Obviously, there’s a cost of doing all that,” says Daniel Bull-Clearie, “So what’s the balance to strike between staying relatively lean and keeping costs down, and accepting slightly higher costs for that security?” Data management is key to supply chain resilience.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Inventory Reduction Supply Chain Strategy 97

SYSPRO Smarter ERP

FEBRUARY 15, 2022

A predictive, data management approach can minimize these losses. And without visibility, you cannot take corrective actions, which means profits suffer. Downtime: Both planned downtime (for scheduled maintenance) and unplanned downtime (such as machine jams or part failures) cost huge amounts of money. Reframe the Operations Strategy.

Predictive Analytics Software 105

Predictive Analytics Software Optimization Software Manufacturing Cost Reduction Strategies 105

RELEX Solutions

NOVEMBER 7, 2017

The key to better master data management is understanding that it is an ongoing process, but to get started you should identify where you have good data and where you still need to improve. To dig deeper on the subject of mastering your master data, have a look at this blog post.

Forecasting 28

Forecasting Sourcing Strategies Forecasting Software Optimal Sourcing 28

OptiProERP

JULY 1, 2021

Modern processes are critical to ensure more lean, agile, and responsive operations to give you a competitive advantage and more time-saving benefits. Project management should focus on aligning the ERP initiative with business needs, sustaining the project, and ensuring that executives and other stakeholders can provide input. .

Optimization Software 52

Optimization Software Demand Planning Software Analytics Software Forecasting Software 52

Arena Solutions

SEPTEMBER 22, 2022

Historically, companies have relied on mechanical computer-aided design (mCAD), electrical design automation (EDA/eCAD), and product data management (PDM) software to create and maintain their design files. Yet, these disparate systems do not provide a comprehensive way to manage all aspects of the design. References.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Design Software Manufacturing Procurement Optimization Software 52

Silvon Software

APRIL 8, 2022

To achieve this growth, successful manufacturers today are relying on key performance metrics and automating many aspects of their data management processes to gain valuable business insights that can be used to meet their organizations’ performance goals. Lower cycle times can suggest a more profitable, lean business.

Optimal Sourcing 108

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 108

Oracle SCM

OCTOBER 27, 2016

Cloud can definitely help turn fat into lean in supply chain processes, but to do so requires truly connected tissue, something you won’t find in Dr. Frankenstein’s lab-born monster. ” No Data Strategy Means More Supply Chain Errors, Complexity.

Supply Chain Planning Software 60

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Supply Chain Strategy 60

Supply Chain Game Changer

SEPTEMBER 30, 2022

Moreover, the warehouses need to maintain a detailed maintenance report to manage inventories as well as equipment maintenance more efficiently. It is mandatory for all companies to optimise preventive maintenance techniques and create lean maintenance inventory to facilitate timely corrective measures.

Warehousing 98

Warehousing Supply Chain Design Software Resource Reduction Sourcing Strategies 98

OptiProERP

AUGUST 27, 2019

From adopting lean manufacturing strategies to investing in power-driven machinery, manufacturers endeavor to deliver the best quality products in a short period. Manufacturing Execution Systems (MES) is an extensive software that controls complex manufacturing operations and data on the shop-floor. Core competencies of ERP vs MES.

Forecasting Software 58

Forecasting Software Supply Chain Planning Software Optimization Software Demand Planning Software 58

Unleashed

SEPTEMBER 10, 2020

Looking at their data, management realise the value of smart design. But leaning on overtime work too often is a sign of either poor planning, or insufficient staffing. They invest in their innovation team and tools and start designing toys that not only sell well, but are faster to assemble.

Material Savings 86

Material Savings Expense Reduction Waste Reduction Cost Reduction Strategies 86

Supply Chain Game Changer

JANUARY 22, 2019

Our first belief is that the future Supply Chain must be based on a “Don’t Touch” philosophy, which we discussed in our article A Don’t Touch Strategy Will Dramatically Lean Out Your Supply Chain! This is completely consistent with a Lean approach which underscores the need to eliminate waste.

Supply Chain Design Software 79

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Analytics Software 79

Supply Chain Shaman

SEPTEMBER 13, 2016

It is hard to predict the future; and when you do, you know that you will be wrong, but please lean in with me and Imagine Supply Chain 2030. The supporting data will be self-correcting. These are tough to overcome. Seven Predictions for Supply Chain 2030. Here are my seven predictions. Let me know if you have any questions.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

6 River Systems

JUNE 29, 2020

When Toyota pioneered lean production in Japan back in the 1970s, its suppliers facilitated this by being colocated nearby. Yet many companies, lulled by efficient and relatively inexpensive logistics and transport, have been applying lean and just-in-time production methods that span global networks. . Safety stock is ‘bad.’

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

ThroughPut

MARCH 30, 2020

Additionally, under CEO Satya Nadella’s leadership on the enterprise side, Microsoft has even more reach and influence now than in 2015, with products like Excel, PowerBI & Azure becoming the backbone of enterprise data management.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 52

HICX Solutions

JUNE 20, 2019

On that point, it’s worth remembering that good quality master data is an absolutely essential part of the mix if this new framework is indeed going to successful. Click here to read more about supplier master data management -> The post Is There a Future for ERP and Procurement Suites? Automation changes everything.

Manufacturing Procurement 40

Manufacturing Procurement Supply Chain Planning Software Demand Planning Software Predictive Analytics Software 40

HICX Solutions

JUNE 10, 2020

Finally, map these systems into the overarching data management processes, documenting clearly how data is created, viewed, updated or deleted in each one. With this information you can define future processes for data management , but in a business context. All you are doing is creating another type of data silo.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Exercises Government 52

Supply Chain Game Changer

NOVEMBER 11, 2018

Check out Introducing Lean In Retail … Start in the Backroom! Master Data. Within Retail having an excellent Master Data Management system and process is critical. For every sku there is an extensive amount of data that must be constantly input, updated, and available for reporting and tracking.

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Planning Software Retail Agile and Lean Supply Chain 48

Arena Solutions

MAY 5, 2022

Before this, you kind of got away with marginal tool sets and poor master data management, you kind of made it work, but in this environment, it’s just not going to work anymore. We’ve really focused now. And some things we can no longer stay on the fence with. Foundational elements that were never in place, focus on them.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Modeling Software How To 52

ThroughPut

MARCH 30, 2020

Additionally, under CEO Satya Nadella’s leadership on the enterprise side, Microsoft has even more reach and influence now than in 2015, with products like Excel, PowerBI & Azure becoming the backbone of enterprise data management.

Manufacturing Procurement 14

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 14