SCMDOJO

DECEMBER 14, 2023

To make things simpler, having a clear lead time definition helps in making sure orders are fulfilled on time and customers are satisfied. With this in mind, we will explore in this blog the definition of Lead Time, its impact, and how mastering it can be your competitive advantage.

Inventory Reduction 78

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 78

Supply Chain Shaman

DECEMBER 27, 2022

The race started in 2016 as a foggy definition of digital appeared in supply chain marketing from technology providers. Today, there is no standard definition of digital. The numerous definitions across the supply chain technology and consulting providers are very different and often confusing. What is a digital brain?

Supply Chain Software 417

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 417

Supply Chain Shaman

JUNE 9, 2023

Each box has an optimizer that drives output from a model based on a functional definition using enterprise data. There is no unifying data model; all items are treated equally, regardless of the flow. What is the data and process latency in current decisions? Is the plan feasible? What is the offset from the market?

Optimal Sourcing 342

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 342

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

When I was advised that this month’s LogiSYM Magazine would have some focus on digitization, I immediately thought about the absence of greenhouse gas (GHG) emissions data in our everyday life. Raw materials, parts and services are currently all running through supply chains and manufacturing processes and emitting GHGs.

Optimal Sourcing 246

Optimal Sourcing Optimization Software Real-time Visibility Logistics Network Optimization Software 246

Supply Chain Shaman

SEPTEMBER 27, 2021

Linkedin Comment Donald Cavin Data Warehousing Consultant at Ohio State University Comprehensive Cancer Center-James Cancer Hospital & Solove Research Institute. My thought was to combine my experience working on visibility solutions with Descartes Systems Group and Manugistics with recent research data. Embrace Disparate Data.

Supply Chain Planning Software 369

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 369

GlobalTranz

NOVEMBER 9, 2016

The definition of the IoT sums it up; it is “a network of dedicated physical objects that contain embedded technology to sense or interact with their internal state or external environment.”. Furthermore, the IoT is directly linked to better risk management programs in manufacturing too, explains Industry Week. Where Do We Stand Today?

Internet of things 246

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

SCMDOJO

DECEMBER 29, 2022

The WMS is a warehouse management software that includes all the functions of data entry, retrieval, storage, and many other business processes you may need to perform in a warehouse operation. Warehouse Automation Definition: Warehouse automation uses technology and automated systems to streamline inventory management, storage, and shipping.

Supply Chain Software 72

Supply Chain Software Warehousing Optimal Sourcing Optimization Software 72

Supply Chain Shaman

OCTOBER 13, 2022

Investments in Data-Driven Capabilities May Not Yield Better Decisions. I also heard Michael Lewis, author of Moneyball, speak on using data to improve the odds of player selection in Baseball. I also heard Michael Lewis, author of Moneyball, speak on using data to improve the odds of player selection in Baseball. The reason?

Supply Chain Planning Software 221

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 221

Supply Chain Shaman

APRIL 16, 2024

Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. The second disturbing fact is that business leaders cannot access planning data, so a planner must interpret the data.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 221

Supply Chain Shaman

AUGUST 24, 2020

GXS purchased Inovis, OpenText purchased GXS, Descartes Systems Group purchased numerous assets to form the GLN (Global Logistics Network), and TrueCommerce purchased Datalliance. (If Start With Definitions. To begin any discussion in this market, the buyer should start with definitions. Definitions. Build talent.

Supply Chain Network Software 374

Supply Chain Network Software Manufacturing Procurement Purchasing Skills Procurement Solutions 374

Enterra Insights

OCTOBER 20, 2022

Nowadays, few people question the value of data. Yossi Sheffi ( @YossiSheffi ), Director of the MIT Center for Transportation & Logistics, goes so far as to assert data is an organization’s most valuable asset. Today, it’s not people but data that tops the asset value list for companies.”[1] For example, Julius ?erniauskas

Big Data 130

Big Data Data Quality Cost Reduction Strategies 130

Logility

MAY 28, 2020

Managing the data required for supply chain planning is a bit like raking leaves. The data keeps coming all year round. And just when you think you have clean and consistent data to work with, new internal and external data “blows into the yard.”. Wind speeds will increase.

Supply Chain Planning Software 131

Supply Chain Planning Software Supply and Demand Supply Chain Planning Data Management 131

Supply Chain Shaman

NOVEMBER 21, 2022

Definition of Confirmation Bias. So, I smile, catch my dinner partner’s eye and ask, “In our prior conversations, you mentioned the lack of clarity on the definition of supply chain excellence in your current deployments and how this is a barrier to implementing supply chain planning properly. “ Reflection.

Supply Chain Planning Software 335

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 335

Supply Chain Shaman

APRIL 18, 2023

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. Challenges Traditional definitions of supply chain excellence focus myopically on cost but are too slow in making decisions in inflationary periods. Unrest in Sudan.

Supply Chain Planning Software 411

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 411

Unleashed

AUGUST 20, 2023

If a manufacturer has to wait an extra day for raw materials to arrive, they might lose a customer. In manufacturing, for example, lead time refers to the amount of time it takes for a product to move through the entire production process , from when the initial order or request was made to the final delivery.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Supply Chain Shaman

NOVEMBER 21, 2023

Pawn Definition: “A chess piece of the smallest size and value. I worked three layers down in the organization for a well-established leader in manufacturing named Dan. Fred owned logistics and customer service for the organization. Dan had a very manufacturing view and Fred focused on logistics.

Supply Chain Planning Software 376

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 376

Supply Chain Shaman

OCTOBER 19, 2022

Today, data moves fast, but supply chain decisions move slowly. As variability increases, more and more companies would like to use market data from the channel or the supply base, but the design of current systems is an obstacle. The data lacks synchronization and usability. The Quest to Use Real-Time Data. The reason?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Real-time Visibility 195

Logistics Viewpoints

APRIL 30, 2021

Watching the commercial definitely made me feel nostalgic for the good old days of 80’s cartoon mascots. And now on to this week’s logistics news. The distribution hub will be operated by XPO Logistics Supply Chain, which has already started hiring. Apple’s Advanced Manufacturing Fund is financing the project.

Logistics Network Optimization Software 254

Logistics Network Optimization Software Supply Chain Planning Software Waste Reduction Price Reduction 254

Supply Chain Shaman

SEPTEMBER 10, 2020

During this pandemic, sensing market changes, using data, and driving decisions at the speed of business matters more than ever. Companies are drowning in data and short on insights. Constrained logistics. Today, the bellies of the airplanes are full, and the cost of air freight is too high for many manufacturers.

Supply Chain Planning Software 443

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 443

DELMIA Quintiq

AUGUST 31, 2022

Before I get into the software itself, it is useful to start with something of a definition of the supply chain management process itself prior to moving on to the solutions that support it. A compact definition is especially useful in this case, as supply chain planning software comes in so many guises and has so many functions.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 156

Unleashed

JULY 25, 2023

It helps you to make better purchasing, manufacturing , pricing, and marketing decisions based on the data revealed. Data from CSI Market revealed that the Services and Energy sectors had the highest inventory turnover ratios on average in Q1 of 2023, while Conglomerates and Capital Goods had the lowest inventory turnover ratios.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

QAD

MARCH 30, 2023

Manufacturers may not think they have much in common with the retail companies beyond producing the products that stock store shelves, but there could be a lot to learn from the latter as the manufacturing headwinds of the last few years carry into 2023. RFID is a type of automatic identification and data collection (AIDC) technology.

Manufacturing Procurement 90

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 90

The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

In APAC, the concept of innovative-Automation has made OMRON create immense value for the manufacturing segment by solving varied issues in multifarious sectors such as automotive, food & beverage, FMCG, digital and logistics to name just a few. Why the focus on Logistics at this point in time?

Supply Chain Software 245

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Analytics Software 245

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

Futuristic road transportation technology with digital data transfer graphic showing concept of traffic big data analytic and internet of things. Logistics and supply chains are integral parts of business operations in any industry, especially during an economic downturn.

Supply Chain Planning Software 246

Supply Chain Planning Software Modeling Software Supply Chain Software Analytics Software 246

Enterra Insights

DECEMBER 15, 2022

Last year technology journalist Gordon Feller wrote, “The Internet of Things (IoT) is poised to disrupt and transform manufacturing and a number of other industries.”[1] The IoT and Data. The primary reason I side with Feller is that the IoT generates massive amounts of data.

Internet of things 130

Internet of things Supply Chain Network Software Analytics Software Predictive Analytics Software 130

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?

Logistics Network Optimization Software 92

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 92

Supply Chain Shaman

NOVEMBER 11, 2020

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. This is true even though we are not clear on the definition of next-generation processes. On September 30, the big data company Palantir went public in an initial 22B$ market valuation. Reflection. Palantir IPO. The reason?

Supply Chain Design Software 340

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 340

BR Williams Supply Chain Management

JULY 21, 2023

Case Study | Company Seeks Creative Solutions from Logistics Partner in BR Williams BR Williams is a 60-year-old company specializing in Trucking , Warehousing , and Logistics Services. Executive Summary In need of creative solutions from a logistics partner, one of the top American chemical companies approached BR Williams.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Logistics Case Study Cost Reduction Strategies 52

Supply Chain Shaman

OCTOBER 25, 2021

Build capabilities to manage planning master data. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Figure 1: Current State of a Global Manufacturer of White Goods. We are very early in the definition of outside-in processes. Manage Make, Source, and Deliver Together. Focus Outside-In.

Analytics Software 195

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

Elementum

DECEMBER 7, 2022

In this short article, we’ll take a look behind the scenes at the significant benefits of the Data Cloud, including the way it enables AI approaches. Also true for your supply chain — and especially your supply chain data. However, with a Data Cloud, like Snowflake’s, “construction season” can finally end. The best part?

Supply Chain Software 78

Supply Chain Software Supply Chain Optimization Data Supply Chain 78

Elementum

DECEMBER 7, 2022

In this short article, we’ll take a look behind the scenes at the significant benefits of the Data Cloud, including the way it enables AI approaches. Also true for your supply chain — and especially your supply chain data. However, with a Data Cloud, like Snowflake’s, “construction season” can finally end. The best part?

Supply Chain Software 78

Supply Chain Software Supply Chain Optimization Data Supply Chain 78

GlobalTranz

SEPTEMBER 12, 2016

For example, transportation management often focuses on the journey of products after manufacturing. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 120

PINC

AUGUST 3, 2020

With expectations of higher on-shelf availability and lower inventory costs, the pressure on delivery performance has intensified—as has the need for manufacturers, retailers, and carriers to work together to create efficient, reliable, and responsive supply chains. The problem is that there is no standard definition for OTIF.

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

Supply Chain Shaman

APRIL 30, 2020

The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. However, supply chain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm. Rethink Manufacturing. We need to face facts. The impact?

Supply Chain Design Software 371

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 371

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. Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service.

Manufacturing Procurement 105

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

Supply Chain Shaman

OCTOBER 25, 2021

Build capabilities to manage planning master data. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Figure 1: Current State of a Global Manufacturer of White Goods. We are very early in the definition of outside-in processes. Manage Make, Source, and Deliver Together. Focus Outside-In.

Analytics Software 195

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

BR Williams Supply Chain Management

JULY 21, 2023

Case Study | Company Seeks Creative Solutions from Logistics Partner in BR Williams BR Williams is a 60-year-old company specializing in Trucking , Warehousing , and Logistics Services. Executive Summary In need of creative solutions from a logistics partner, one of the top American chemical companies approached BR Williams.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Company Case Study Logistics 52