Supply Chain Shaman

FEBRUARY 16, 2024

Let’s Start With Clear Definitions My inbox is full. The market is flooded with references to AI, but few stop to give a definition. To combat the hype cycle to drive value, I think that we need to get clear on use cases and definitions. I find the industry awash with opinions but short on research-backed answers.

Supply Chain Planning Software 378

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 378

Supply Chain Shaman

MAY 9, 2023

As a contrarian voice in the industry, I want to share some research to steer the conversations towards a more fact-based dialogue. (I The industry is full of strong opinions. The problem is that few companies have a clear definition of excellence compounded by the lack of clear definition of a business strategy.

S&OP 334

S&OP Supply and Demand Supply Chain Planning Software Sourcing Strategies 334

Supply Chain Shaman

FEBRUARY 2, 2024

It is time to bring Manufacturers, Retailers, and Distributors together with Technology Providers in order to better understand the issues and generate ideas to help build the “network of networks.” Brand owner to contract manufacturer or third-party logistics provider to a retailer.) Industry Held Hostage by ERP Upgrades.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Network Software Supply Chain Planning Software Third Party Logistics 195

Enterra Insights

MARCH 1, 2019

Industry 4.0 is the popular name given to the fourth industrial revolution ushered in by the digital age. They write, “Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s.”[1] ” Some pundits believe Industry 4.0

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Analytics Software 100

Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. Managing finished goods and tracking the costs associated with each of them are essential aspects of manufacturing accounting and stock control.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

Enterra Insights

JANUARY 4, 2022

” The same question is often asked about the Fourth Industrial Revolution (aka Industry 4.0). He asks, “Does everyone have the same idea about the definition of Industry 4.0 ”[1] In order to determine how far along we are on the road to Industry 4.0 The term Industry 4.0 Industry 4.0

Industrial 130

Industrial Industry Supply Chain Network Software Supply Chain Design Software 130

Supply Chain Opz

JULY 1, 2014

What is the definition of supply chain management? Because, each professional organization has its own version of the definition. So supply chain is definitely NOT the same as value chain. In 1995, companies in automotive industry used Electronic Data Interchange to share information. Would you like to learn more?

Cost Reduction Strategies 271

Cost Reduction Strategies Vendor Strategies Inventory Reduction Supply Chain Strategy 271

GlobalTranz

NOVEMBER 9, 2016

In place of long paper trails and maintenance schedules, machines with the capacity to communicate their needs and issues via the industrial Internet of Things (IoT) are becoming an essential component of effective processes. Fleet or transportation management is another aspect of manufacturing reaping the rewards of the IoT.

Internet of things 246

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

Supply Chain Shaman

JUNE 21, 2023

Due to travel restrictions, I cannot attend many industry events, so I observe from home, watching webinars and remote broadcasts. ” I believe that the industry is stuck. With more than forty-five years of experience in the industry, I struggle with the lack of progress and the current level of Groupthink. The reason?

Gartner 351

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 351

GlobalTranz

JANUARY 8, 2018

The manufacturing industry has always been a hotbed for innovation and advancement — but it relies heavily on the workers who have the skills and training to fill those jobs. Experts have predicted more than 2 million manufacturing jobs will go unoccupied during the next 10 years, as the baby boomer generation starts to retire.

Manufacturing 249

Manufacturing Buyer Training Supply Chain Software How To 249

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. Breaking Down the Definitions.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

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 397

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 397

Supply Chain Shaman

JULY 23, 2023

At the time, one of the people (let’s call him Noel) that I great respect for in the industry called me to say, “Lora, I don’t get it. I worked with an allergen manufacturer that had a seasonal product with order latency of 182 days. Let’s start with a definition of concurrency.

Supply Chain Planning Software 330

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 330

QAD

DECEMBER 15, 2021

Industry 4.0 The fourth industrial revolution is officially here. We’re truly in a time of significant change when it comes to how we manufacture products. The digitization of manufacturing processes have transformed production speed, cost, safety, capabilities and all-around efficiency. . So what is Industry 4.0

Supply Chain Planning Software 52

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

USC Consulting Group

AUGUST 17, 2020

It is difficult to put into exact figures the effects the coronavirus pandemic has had on global industry. However, with manufacturers and supply chains across the world reeling with the ongoing problems the pandemic has presented, we are seeing a definite shift in the ways business is conducted. Manufacturing.

Manufacturing Procurement 81

Manufacturing Procurement Demand Planning Software Supply and Demand Manufacturing 81

Supply Chain Opz

JULY 1, 2014

What is the definition of supply chain management? Because, each professional organization has its own version of the definition. So supply chain is definitely NOT the same as value chain. In 1995, companies in automotive industry used Electronic Data Interchange to share information. Would you like to learn more?

Cost Reduction Strategies 214

Cost Reduction Strategies Vendor Strategies Inventory Reduction Supply Chain Strategy 214

Enterra Insights

OCTOBER 14, 2021

The Fourth Industrial Revolution (aka Industry 4.0) According to a manifesto from the World Economic Forum (WEF), “The Fourth Industrial Revolution represents a fundamental change in the way we live, work, and relate to one another. He asks, “Does everyone have the same idea about the definition of Industry 4.0

Industrial 130

Industrial Industry Supply Chain Software Supply Chain Design Software 130

Supply Chain Shaman

NOVEMBER 15, 2023

When deploying enterprise decision support applications, there are many implementations and lots of hype but few clear and consistent definitions. The issue is cross-industry. PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results.

Supply Chain Planning Software 390

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 390

Supply Chain Shaman

JANUARY 9, 2024

Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. The industry struggles with groupthink. Most companies are not clear.

Supply Chain Planning Software 292

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 292

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

QAD

OCTOBER 20, 2022

There aren’t many things I love more than a good manufacturing trade show. There’s simply no better place to discover cutting-edge manufacturing technology, learn about new solutions firsthand and swap ideas with other professionals working at the forefront of innovation. Manufacturing is back and was big and bold in Chicago.

Chicago 98

Chicago Supply Chain Planning Software Supply Chain Software Modeling Software 98

Supply Chain Shaman

OCTOBER 11, 2023

Definition Anomaly: something that deviates from what is standard, normal, or expected. Definition As I follow the evolution of supply chain technology, I am struck by what I see as a stream of paradox and anomaly, and the tendency of supply chain leaders to cling to convention. I constantly ask myself, why?

Supply Chain Planning Software 383

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 383

Supply Chain Shaman

MARCH 21, 2023

Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. Note that in Figure 1, retail home improvements days of inventory increased 68 days, contract manufacturing days increased 48 days, retail apparel by 28 days, and containers and packaging manufacturing companies by 14 days.

Inventory Reduction 386

Inventory Reduction Inventory Price Reduction Cost Reduction Strategies 386

Supply Chain Shaman

FEBRUARY 1, 2024

I will share insights as we go along) The Word Salad Shuffle In the industry, I feel that there is a lot of word salad–consultants and technologists spinning words with little meaning to drive leads. Definitions Before we move to the discussion of the actions to take, let’s get clear on some definitions.

Supply Chain Planning Software 333

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 333

Logistics Viewpoints

SEPTEMBER 8, 2023

to increase stake in India’s Flipkart H-E-B opens its biggest e-commerce fulfillment center ever NRF Announces Acquisition of Reverse Logistics Association Rockwell Automation announced it has signed a definitive agreement to acquire Ontario, Canada-based Clearpath Robotics. Walmart has spent $3.5

Logistics Network Optimization Software 233

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 233

Supply Chain Shaman

FEBRUARY 26, 2024

Shown in Figure 1 is the definition of the layers of outside-in planning. Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. For example, in manufacturing, the shift in focus is away from OEE to focus on first pass yield and schedule adherence.) Can you describe the outside-in model?

Modeling 206

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 206

Unleashed

AUGUST 6, 2023

In this competitive pricing guide Competitive pricing definition Competitive pricing is a sales and marketing strategy that involves manipulating price points in a business to match or beat the pricing of its competitors. The fast-food industry is highly competitive, and prices are kept at low levels to draw in customers.

Price Reduction 52

Price Reduction Cost Reduction Strategies Expense Reduction Inventory Reduction 52

ModusLink Corporation

OCTOBER 27, 2021

Synergy is a core element present in many successful manufacturing strategies. Synergy is the fundamental pillar on which a strong manufacturing strategy is standing (Comparative European Research, 2016). Manufacturing strategies refer to ways in which companies decide to manufacture and produce the products their selling.

Waste Reduction 78

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 78

SYSPRO Smarter ERP

OCTOBER 7, 2020

The definition of ERP Before we define ERP, let us start with the acronym which stands for Enterprise Resource Planning. The post ERP: What is the Value to Your Manufacturing Business? We can define ERP as enterprise software that helps organizations manage their day to day business requirements. appeared first on SYSPRO US.

Manufacturing 124

Manufacturing Supply Chain Planning Software Supply Chain Software Supply Chain Planning 124

Unleashed

NOVEMBER 10, 2021

UK electronics manufacturers have seen a sales revenue lift of 30% in 2021 vs 2020, outpacing the average performance of manufacturers of 24%, according to data from a soon-to-be released Unleashed State of Manufacturing report. The report analyses over 79,000 data points from UK manufacturers that use Unleashed software.

Manufacturing Procurement 98

Manufacturing Procurement Electronics Manufacturing Inventory Management Software 98

Unleashed

JULY 25, 2023

It helps you to make better purchasing, manufacturing , pricing, and marketing decisions based on the data revealed. The optimal inventory turnover ratio for your business will largely depend on the industry you’re in and the size of your business. What is a good inventory turnover ratio?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Supply Chain Matters

JULY 19, 2023

Unemployment levels among the country’s youth within ages ranging from 16 to 24 reportedly exceed 20 percent while at the same time, manufacturers reportedly indicate that they cannot find adequate workers. Generally muted global product demand levels and inventory overhang have not helped to spur growth of the country’s manufacturing sector.

China 52

China Manufacturing Procurement Supply Chain Strategy Cost Reduction Strategies 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. Walmart Has Embraced RFID Technology – Should You?

Manufacturing Procurement 90

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

Supply Chain Matters

MAY 25, 2023

The Supply Chain Matters blog highlights this week’s reports that the German economy has officially slid into recession, and along with that, ongoing manufacturing recessionary conditions as-well. That stated, such a definition is predicated on historic measures as contrasted with current conditions. percent in April.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Germany Russia 52

Logility

MAY 12, 2020

As a former Director of Supply Chain Management for a multi-national, multi-channel food manufacturer, I experienced first-hand the variety of challenging problems faced by supply chain planners in the unforgiving Food and Beverage Industry. As the first person with a title of supply chain management at a $2.5B Slow and Lumpy Demand.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 134

Supply Chain Shaman

NOVEMBER 20, 2020

Joe, a leader in the agricultural industry, spoke of images to solve supply chain problems. We brainstormed on using images for port unloading lead times, crop yield projections, manufacturing quality, and corporate sustainability issues. She told me that a data guy would want the team to know the definitive outcome.

Supply Chain Planning Software 352

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Data 352

Oracle SCM

MARCH 21, 2016

The Manufacturer, a UK-based publication, recently joined forces with Oracle to produce an eye-opening report on how UK manufacturers are gaining competitive advantages due to their investment in Industry 4.0 The understanding of the Industry 4.0 technologies such as the Internet of Things, big data and analytics.

Manufacturing 60

Manufacturing Industrial Industry Supply Chain Design Software 60