EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Silvon Software

AUGUST 8, 2022

Supply chain challenges stemming from the pandemic and other global events continue to plague manufacturing and distribution companies. To address these issues, manufacturers and distributors are focusing more on the use of data analytics to help them make more strategic decisions related to supply chain performance.

Analytics Software 80

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 80

Elementum

FEBRUARY 7, 2024

Internet of Things (IoT): Extending the Reach of BPA Internet of Things (IoT) enhances BPA by providing a continuous stream of real-time data for ML analysis, crucial for automating and refining operations. Performance Metrics When looking at performance metrics , they must reflect efficiency gains and throughput increases.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

HICX Solutions

OCTOBER 13, 2020

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. So we get this cycle of data, information, knowledge and wisdom.”. The difference between failure and success.

Manufacturing Procurement 52

Manufacturing Procurement Data Procurement Supply Chain Software 52

Silvon Software

APRIL 18, 2023

While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? Can we get the right resources needed to collect data for analysis before it’s too old?

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 64

Silvon Software

MAY 1, 2024

Without a strong BI backbone, data may remain siloed across various departments, leading to fragmented insights that can skew predictions. BI integrates data from multiple sources, creating a unified repository that is essential for developing accurate and comprehensive predictive models. Data Integration.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Predictive Analytics Software Analytics Software Predictive Analytics 52

Supply Chain Shaman

SEPTEMBER 2, 2016

Before I started doing this research, I believed procurement and manufacturing were aligned. While this is the case in 50% of the organizations, there are many organizations with large alignment gaps between finance/operations and procurement/manufacturing. Digital manufacturing is also a disruption. I was wrong.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

HICX Solutions

OCTOBER 13, 2020

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. So we get this cycle of data, information, knowledge and wisdom.”. The difference between failure and success.

Manufacturing Procurement 52

Manufacturing Procurement Data Procurement Supply Chain Software 52

GlobalTranz

DECEMBER 29, 2014

We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. When a manufacturer’s product normally moves through the supply chain network, it is to reach the distributor or customer. Any process or management after the sale of the product involves reverse logistics.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Silvon Software

APRIL 18, 2024

Across the globe, manufacturing businesses are navigating economic uncertainties with increasing sophistication. Critical to guiding them through today’s fluctuating markets is the accuracy and actionable intelligence derived from data. This helps in reducing costs while maximizing ROI.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Oracle SCM

AUGUST 1, 2018

This was a relatively heavy investment in time and resources when we had our startup due largely to the investment in data gathering and integration. Often this data is rolled up organizationally, geographically or in distribution through performance metrics or key performance indicators (targets change with these roll ups).

Supply Chain Planning Software 104

Supply Chain Planning Software Inventory Management Software Gartner Demand Planning Software 104

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Supply chain management is increasingly making an impact on the overall functioning of the business and influencing C-suite decisions. Data Managers. IT Specialists.

Supply Chain Planning Software 96

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

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. The Basics of Manufacturing KPIs. Machine KPIs.

Optimal Sourcing 115

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 115

Supply Chain Game Changer

NOVEMBER 19, 2018

Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. Lean for instance is equally applicable in Supply Chain as it is in Manufacturing or anywhere else. Cost and Profit Management. Promoting Supply Chain Value.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

Logistics Viewpoints

FEBRUARY 10, 2021

The key building blocks for the modern supply chain control tower includes data from key supply chain partners, robust supply planning, and a master data management/data harmonization layer that helps to normalize the data and can then feed accurate data to the planning engine or team members.

Supply Chain Planning Software 153

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 153

BlueYonder

FEBRUARY 23, 2023

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. Crucial Supply Chain Needs Terence: What are the crucial supply chain needs faced by industrial manufacturers? Sunil: It’s important to start with metrics.

Manufacturing Procurement 77

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 77

Supply Chain Shaman

NOVEMBER 29, 2015

Hadoop is an open-source software framework written in Java for distributed storage and processing of large data sets on computer clusters. Hadoop splits files into large blocks and distributes the data over the nodes in the cluster. As a result, companies closed manufacturing facilities. Why Should you Care?

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

ShipBob

JULY 2, 2021

But with advanced, tech-enabled demand forecasting for supply chain management , online brands are able to forecast demand more accurately, optimize inventory levels efficiently, and replenish inventory accordingly. trillion and $2 trillion in manufacturing and supply chain planning. brand mentions). .

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

SCMDOJO

JUNE 14, 2023

[Read More: 6 Logistics KPIs Attributes That are Essential ] Defining ‘Orchestration’ Orchestration is a process that integrates data to connect different systems used in a business’s logistics operations. As a result, orchestration simplifies data management, making it easier for businesses to work more effectively.

3PL 77

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 77

ThroughPut

DECEMBER 6, 2023

However, access to vast amounts of data and the technological capability to analyze this data faster has brought more accuracy and credibility to predictive analytics in recent times. Just imagine all the data from sensors, production logs, and maintenance records.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Turvo

SEPTEMBER 16, 2021

All systems and data are unified, integrating large volumes of data from multiple data sources such as TMS, warehouse management (WMS), dock scheduling, accounting, enterprise resource planning (ERP), customer resource management (CRM), and visibility applications. Get Even More Logistics Insights Now.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Analytics Software Supply Chain Network Software 70

Supply Chain Game Changer

NOVEMBER 9, 2018

You know the people, the processes and the metrics. Most companies have a Procurement function, Distribution, Logistics, Planning, Inventory Management, Product Data Management, and Operations. In the area of Inventory Management they also did a lot of benchmarking and highlighted deficiencies in our processes.

Agile and Lean Supply Chain 43

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

AFFLINK

JUNE 14, 2016

Even more challenging is establishing goals and metrics for this ever-moving target. Start at the sourcing phase, move into the assembly line, observe the transaction period between the customer and your company, and end at the customer’s final experience with your brand. Stumped on exactly what to track? Energy Use.

Waste Reduction 48

Waste Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 48

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. Use metrics to measure performance and track progress over time.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Logistics Bureau

AUGUST 1, 2022

While this task will draw heavily on the demand plan, the Supply Chain Head will also need to canvas input from the company’s finance, logistics, operations, and manufacturing functions. These “human” flaws make people less than ideal for data management and manipulation , the other essential ingredient in sales and operations planning.

Supply Chain Planning Software 87

Supply Chain Planning Software S&OP Supply Chain Planning Scenario Planning 87

Silvon Software

APRIL 11, 2024

Developing an Effective Data Analytics Strategy Crafting a data analytics strategy that propels a business towards its objectives is no small feat. It requires a nuanced understanding of what metrics truly matter, alongside an infrastructure that supports robust data analysis and insight generation.

Predictive Analytics 92

Predictive Analytics Analytics Software Analytics Sourcing Strategies 92

Supply Chain Trend

DECEMBER 22, 2023

I see more strategic decisions (close a plant or DC, enter a new product category, change in strategic sources) more in this category as well (which is different than what I show in figure 4). However, for a manufacturer a price or promotional change might first need to be aligned with the customer.

Supply Chain Planning Software 78

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

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

BlueYonder

APRIL 24, 2023

One of those urgent challenges is optimal data management — and few people are more qualified to discuss this topic than Frank Slootman, Chairman and CEO of Snowflake , along with Duncan Angove, CEO of Blue Yonder, the leader in end-to-end supply chain management who will share the keynote stage at the event on May 3.

Optimal Sourcing 72

Optimal Sourcing Modeling Optimization Software Supply Chain Optimization 72

ThroughPut

MARCH 30, 2020

Automotive manufacturers are remobilizing to produce ventilators. Our constraint is not our ability to help global manufacturing at scale, but to help global manufacturing in time. The Defense Production Act has been invoked to meet PPE demand in the United States.

Manufacturing Procurement 52

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

SCMDOJO

MAY 10, 2023

ERP is a broad term that encompasses the financial, manufacturing and distribution capabilities of a company. These systems help organizations to manage their resources more efficiently and effectively. However, the success of an ERP system largely depends on the quality of its master data. What is Master Data Management (MDM)?

Optimal Sourcing 122

Optimal Sourcing Government Quality Supply Chain Design Software 122

Elementum

FEBRUARY 7, 2024

Risk Management: ML algorithms proactively assess risks across operations, financials, and cybersecurity, enabling businesses to safeguard assets and maintain their reputation effectively. Metrics such as processing time, error rates, and customer satisfaction levels serve as performance indicators.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Enterra Insights

DECEMBER 6, 2021

Most data is created by real-world activities. That’s not the case for synthetic data. Journalist Nicole Laskowski ( @TT_Nicole ) explains, “Synthetic data is information that’s artificially manufactured rather than generated by real-world events. ” Which problems does synthetic data solve?

Data 130

Data Modeling Software Procurement Analytics Modeling 130

Unleashed

APRIL 3, 2023

Three main benefits of using QuickBooks for inventory management include: Simple to use: QuickBooks automated inventory offers a clean interface and easy-to-use functionality. Centralised data: Managing stock inside QuickBooks keeps all of your essential financial and inventory information in one place.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

Vinculum

MARCH 31, 2021

Customer-centric, personalized, search-powered, and social-powered are the metrics-driven omnichannel product experiences of today. Make sure you are maximizing your product information to create an intuitive, new-age purchasing experience that won’t cease to excite and convert customers.

Omnichannel 52

Omnichannel Retail Inventory Reduction Manufacturing Procurement 52

Silvon Software

SEPTEMBER 28, 2023

Silvon has noticed over the past several years that a shift towards a modern data hub architecture to support enterprise analytics and reporting has been driven by a number of key business drivers. Once integrated, the data is made “analytics ready” and securely available to users.

Procurement Analytics 101

Procurement Analytics Report Data Optimal Sourcing 101

6 River Systems

JUNE 29, 2020

The next-gen supply chain model is a networked ecosystem – suppliers, partners, manufacturers, distributors and retailers will all have access to relevant cloud-based data to make the best decisions based on real-time signals.” China trade war has already put regionalization of manufacturing back on the table.

Supply Chain Planning Software 116

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