ivalua

SEPTEMBER 8, 2022

Originally published on Risk Management Monitor. Essentially every company that manufactures goods today depends on other companies to supply the raw or value-added materials that go into their finished products. When suppliers are treated as partners, they can be a huge asset in times of trouble.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

Jaggaer

JULY 23, 2019

More than virtually any other sector, sourcing and supplier management in the fashion industry have been exposed to intense scrutiny in recent years, while the functions have become of increasingly strategic importance to business success. Supply chains are multi-tiered and therefore difficult to manage.

Manufacturing Procurement 40

Manufacturing Procurement Purchasing Skills Negotiate Pricing Optimal Sourcing 40

Oracle SCM

MARCH 3, 2020

Procurement professionals are now playing an increasingly strategic role within their organizations. Procurement of raw materials and components that go into the manufacturing process is essential to ensure final product quality and strong financial performance. The new procurement professional needs a broad set of skills.

Manufacturing Procurement 78

Manufacturing Procurement Procurement Analytics Negotiating Skills Procurement Solutions 78

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Manufacturing Procurement 130

QAD

AUGUST 16, 2022

Unpredictability is undoubtedly the major issue manufacturers face when dealing with fragmented supply chains. As the supply chain breaks, manufacturers must find new suppliers and new transport routes and find them rapidly, so that production doesn’t come to a halt. So, how can manufacturers respond to these challenges?

Optimal Sourcing 92

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 92

QAD

NOVEMBER 8, 2022

Supply chain challenges faced by manufacturers of delayed deliveries and stockouts take on additional urgency in the medical device arena, where patient well-being depends heavily on timely and accurate delivery. Expanding supplier relationships. Broadening Multi-Sourcing and the Use of Near Shore Suppliers.

Optimal Sourcing 95

Optimal Sourcing Supply Chain Optimization Sourcing Strategies Price Mitigation Strategies 95

Precoro

APRIL 18, 2023

For example, a company that produces furniture has to order raw materials and trace the manufactured items sent to the customers (forward tracing) and occasionally the items that are returned (backward tracing). Even with a well-managed supply chain, there’s a high probability that at some point something will go wrong.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Logility

JUNE 28, 2022

Even in the best of times, they can be unwieldy, and keeping track of your suppliers, your suppliers’ suppliers, and… You know the drill. As procurement and supply leaders examine their supply chains, they often turn to things like spreadsheets or try to hack their current software to create a DIY solution.

Supply Chain Visibility 173

Supply Chain Visibility Supply Chain Planning Software Real-time Visibility Supply Chain Software 173

EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

QAD

MAY 26, 2021

Founded in 1979, QAD began as a small startup solution working with local companies to address a large gap in complete, integrated business software for manufacturing companies. As manufacturing businesses took their brands globally, we adapted quickly to keep up and our software has adapted as well. Supplier Relationship Management.

Procurement Solutions 52

Procurement Solutions Supply Chain Planning Software Supply Chain Design Software Analytics Software 52

Unleashed

AUGUST 29, 2023

Inventory management software is an automated software system used to automate various stock control and order management tasks within a business. It helps companies track and manage inventory items, customer orders, and inbound deliveries to bring costs down and improve overall efficiency.

Inventory Management Software 52

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

Unleashed

DECEMBER 10, 2023

OMS and ERP systems both automate your workflows, collect and analyse data, and can be integrated with other business applications. An enterprise resource planning (ERP) system is a software solution that integrates and manages various parts of your business, such as sales, finance, marketing, planning, human resources, and procurement.

Inventory Management Software 52

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

QAD

OCTOBER 4, 2023

Supply chain analytics allows businesses to examine their operations and view data in real-time. With supply chain management analytics software, companies can improve decision making, take a proactive approach and quickly mitigate issues before they explode into bigger problems. What is Supply Chain Analytics?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Jaggaer

FEBRUARY 12, 2020

Procurement professionals around the world are sitting up and paying attention, especially in sectors with globally integrated supply chains. Since the outbreak of SARS in 2003, the last major epidemic to hit China, the country has become even more important as a source of key components and materials as well as finished consumer goods.

Supply Chain Network Software 88

Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software Global 88

Silvon Software

MARCH 3, 2023

Key to that is understanding what you should measure to assess your S&OP effectiveness, where to set your Key Performance Indicators (KPIs) and the most optimal methods you should use to analyze your data to improve performance. Following are just a few examples of how measuring on-time delivery can be difficult: Volume of ordered goods.

S&OP 111

S&OP Procurement Analytics Supply and Demand Analytics Software 111

SCMDOJO

MARCH 8, 2024

By negotiating lower MOQs with suppliers, businesses can reduce the amount of inventory they need to purchase at once. Vendor Managed Inventory (VMI): VMI is a collaborative approach where suppliers manage inventory levels for their customers.

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

ShipBob

JANUARY 17, 2022

Supply chain execution refers to the process of driving the flow of goods within the supply chain – starting from procurement all the way through final-mile delivery. Supply chain execution the second part of the supply management process, which falls after supply chain planning. Procurement and manufacturing.

Supply Chain Execution 52

Supply Chain Execution Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

Clear Spider

MARCH 21, 2024

Supply chain managers need to be able to cut through the noise of massive amounts of data with a powerful tool. Leveraging the power of artificial intelligence (AI) and machine learning (ML) in your supply chain management seems to be the only way forward. AI inventory solutions create more powerful and adaptive supply chains.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Predictive Analytics Software 52

Supply Chain Shaman

JUNE 6, 2013

It combines decisions across sell, deliver, make and source processes to drive value based outcomes. More advanced supply chain leaders model the role of complexity (product and customer), the impact of risk, and opportunity of innovation as well as product shipping and manufacturing locations, and inventory policies.

Supply Chain Planning Software 279

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 279

ivalua

JUNE 10, 2020

Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. A reliable supply chain can decrease purchasing and production costs for manufacturers and sellers. Understanding Supplier Risk Management. Building strong payment protocols.

Risk Management 147

Risk Management Optimal Sourcing Manufacturing Procurement Waste Reduction 147

Supply Chain Matters

DECEMBER 14, 2022

That will have a direct impact on the dynamics of global container shipping, airfreight and logistics networks. In line with prevailing economic forecasting, readers should anticipate continued uncertainty of global markets and the actual likelihood of various regional economic and manufacturing recession conditions in the coming year.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Cost Reduction Strategies Material Savings 52

ThroughPut

DECEMBER 8, 2023

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. This analytical approach empowers supply chain managers to not only connect the dots between trends, patterns, and associations but also make informed decisions.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Unleashed

MARCH 26, 2023

Three major limitations of using Xero for inventory management include: Inventory ceiling: It’s not suitable for anyone with more than 4,000 inventory items to track (now, or in the future). Inventory management software Xero inventory software apps are the most obvious place to start. It only tracks finished items.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

Unleashed

JANUARY 10, 2023

Supply chain planning is the process of optimising the delivery of goods and services from manufacturer to consumer. That’s why you need to ensure you’ve got systems in place to collect key data relating to purchasing, logistics, inventory, and sales. This grants better vision over your supply chain network.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Unleashed

JULY 12, 2023

Common examples of retail inventory include: Clothing Consumer electronics Groceries Sports equipment Books and magazines Manufacturing inventory Manufacturing businesses typically deal with more inventory than wholesalers or retailers. In other words, it covers the goods ready for purchase right up until the sale is made.

Inventory Reduction 52

Inventory Reduction Examples Inventory Material Savings 52

SupplyOn

NOVEMBER 12, 2018

Smart Logistics Data enables a change of perspective to look ahead instead of backwards A supply chain has to be agile, robust and resilient. All this requires the intelligent use of data. But how can we really make data “smart”? But how can we really make data “smart”? In addition, there is a lack of real-time data.

Supply Chain Planning Software 40

Supply Chain Planning Software Agile and Lean Supply Chain Data Logistics Network Optimization Software 40

GlobalTranz

MAY 21, 2015

In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supply chain visibility. Managers should ensure that a firm’s transportation strategy supports its competitive strategy.

Supply Chain Planning Software 120

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Software Sourcing Strategies 120

Resilinc

FEBRUARY 14, 2022

The impacts have affected industries beyond automotive, especially food and beverage manufacturers that depend on agricultural imports which were traded at the rate of almost $50 billion in 2019. While the Detroit-Windsor crossing was opened Monday morning (February 14), blockades continued to disrupt crossings in Manitoba and Alberta.

Detroit 62

Detroit Canada Automotive Manufacturing Procurement 62

Enterra Insights

JULY 25, 2019

Sharing information with suppliers. Tracking payment information, such as purchase orders. Managing trade documentation. Verifying and monitoring suppliers. Managing supply chain risk. Managing demand and supply planning. Managing inventory. Managing freight transportation. ”[4].

Supply Chain Planning Software 100

Supply Chain Planning Software Gartner Supply Chain Software Manufacturing Procurement 100

Unleashed

MARCH 24, 2024

Many manufacturers use lean methods to cut costs and improve efficiencies in their business. But ‘lean’ is a very broad concept and the ways that manufacturers ‘go lean’ vary considerably. Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

NC State SCRC

DECEMBER 13, 2021

However, it is also noteworthy here that many of the companies in the top 10 do not manufacture anything, but outsource their manufacturing to “contract manufacturers” such as Flex, TSMC, FoxConn, ThermoFisher, and others. The remainder largely rely on third parties to do so.

Supply Chain Planning Software 52

Supply Chain Planning Software Journal Supply Chain Strategy Supply Chain Software 52

Taulia

OCTOBER 20, 2021

In today’s challenging market, companies face multiple challenges, from shortages of crucial components to port congestion, high shipping costs, logistics delays and uneven customer demand. As such, an efficient supply chain is one in which orders are fulfilled by suppliers on time, while minimizing operational costs.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. If your suppliers can’t deliver what you need when you need it, customers will move to your competitors.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. Supplier management. Supplier ranking.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52

RFgen

FEBRUARY 20, 2017

Automated data collection solutions can help companies adhere to inventory management best practices. Are you adhering to supply chain management best practices? If so, you’ll be, at the minimum, using automated data collection tools and following government and industry regulations. Integrate Data Collection Tools.

Supply Chain Software 52

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Waste Reduction 52

RFgen

FEBRUARY 20, 2017

Automated data collection solutions can help companies adhere to inventory management best practices. Are you adhering to supply chain management best practices? If so, you’ll be, at the minimum, using automated data collection tools and following government and industry regulations. Integrate Data Collection Tools.

Supply Chain Software 52

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Waste Reduction 52