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. Build in-market sourcing.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Procurement solutions are often updated with purchased information.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

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 92

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 92

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

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

Supply Chain Shaman

JULY 23, 2023

For the purposes of this blog, market data is channel, logistics, and supplier data generated outside the organization.) The order latency is the time from purchase by the end consumer to the visibility of the order. For example, when a product at retail is purchased, the shelf is replenished from backroom stock.

Supply Chain Planning Software 330

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 330

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

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

GlobalTranz

FEBRUARY 25, 2021

What is reverse Logistics? Before we dive in the nuances of reverse logistics, otherwise known as return logistics, integration, let's briefly recap what reverse logistics is. Reverse logistics refers to all operations related to the reuse of products and materials. Managing return logistic can be challenging.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

Supply Chain Shaman

SEPTEMBER 27, 2021

Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Survey existing suppliers, third-party logistics providers and customers. What To Do?

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

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

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. What is Manufacturing?

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Supply Chain Shaman

AUGUST 24, 2020

IBM purchased Sterling Commerce. GXS purchased Inovis, OpenText purchased GXS, Descartes Systems Group purchased numerous assets to form the GLN (Global Logistics Network), and TrueCommerce purchased Datalliance. Start With Definitions. Definitions. Also, Value-Added Networks (VANS) morphed.

Supply Chain Network Software 326

Supply Chain Network Software Manufacturing Procurement Purchasing Skills Procurement Solutions 326

Supply Chain Shaman

NOVEMBER 11, 2020

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. This is true even though we are not clear on the definition of next-generation processes. Kinaxis Purchase of Rubikloud.

Supply Chain Design Software 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

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 288

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 288

Supply Chain Game Changer

NOVEMBER 13, 2018

Check out What Exactly Is Reverse Logistics? Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. Source: [link] ). The Evolution of Supply Chain!

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing 72

OptiProERP

SEPTEMBER 22, 2022

Saving on operational costs is one of the biggest goals for manufacturing companies. Most manufacturers look to streamline systems, reduce production costs, and increase profitability without sacrificing product quality. Most manufacturers focus on reducing costs but overlook the benefits of identifying the causes of the quality costs.

Cost Reduction Strategies 52

Cost Reduction Strategies Waste Reduction Expense Reduction Vendor Strategies 52

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

Raw materials, parts and services are currently all running through supply chains and manufacturing processes and emitting GHGs. The old adage “If you can measure it, you can manage it” has definitely proven itself time and time again. Digitizing logistics technology is innovating fast.

Optimal Sourcing 246

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

Logistics Viewpoints

MARCH 11, 2024

Medline is a medical supply manufacturer, distributor, and solutions provider. And through that, we’ve invested more than $2 billion back into our manufacturing footprint, our distribution footprint, and technology and systems to make sure that we’re continuing to be very resilient.”

Supply Chain Design Software 260

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Manufacturing Procurement 260

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. Their messaging is generally to an IT audience, assuming that the current definition of the solution footprint (taxonomy) is sufficient.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 217

Supply Chain Shaman

SEPTEMBER 22, 2021

In our research, we find that 72% of planners primarily depend on Excel and desktop analysis despite the rollout of advanced platforms for planning in 92% of manufacturers with greater than 5B$ in revenue. At the end of the presentation, I asked Allyson her perspective on open source analytics. The question is, “Why?”

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Supply Chain Shaman

OCTOBER 13, 2022

In both cases, there is a clear definition of “winning.” Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. The gap between logistics and procurement; and logistics and customer service increases process latency. The reason? Closed Loop.

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

Talking Logistics

FEBRUARY 18, 2016

If you are buying widgets, there are many ways to make your purchase, from going to a retail location, ordering online or using a standard procurement software tool that allows you to order lots of widgets and receive them over a specified period of time. Here are the top five reasons you need a transportation sourcing solution: 1.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Solutions Purchasing Skills Sourcing Strategies 100

Supply Chain Shaman

OCTOBER 19, 2022

Planning outside of lead time in the tactical horizon is essential to manage costs, defining buffers, and sourcing strategies. Definition of Time Horizons. The gaps in expectations between planning and functional organizations like manufacturing, transportation, and procurement are large and growing. The reason?

Supply Chain Planning Software 195

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

Unleashed

JULY 25, 2023

Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold. It helps you to make better purchasing, manufacturing , pricing, and marketing decisions based on the data revealed. What is a good inventory turnover ratio?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Supply Chain Shaman

FEBRUARY 14, 2022

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) We source this data from Y charts. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Opz

JANUARY 3, 2022

Are you looking for logistics management books? In this article, we will show you 5 books that'll help you learn logistics faster than any other logistics book. In the United States, the median wage for a Logistics Manager is around $70,000 annually. Best Logistics Book for Beginners: 1. Our Rating: 5/5 2.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Logistics Viewpoints

OCTOBER 7, 2022

While this is not exactly the best news to hear, it’s time to move on to this week’s logistics news. Walmart said it is now more committed to embedding sustainability into every conversation it has with suppliers, service partners, store and club managers, truck manufacturers and other important parts of its massive supply chain.

Logistics Network Optimization Software 185

Logistics Network Optimization Software Real Estate New York Logistics 185

SCMDOJO

DECEMBER 29, 2022

Warehouse Automation Definition: Warehouse automation uses technology and automated systems to streamline inventory management, storage, and shipping. To integrate WMS into a new software without any problems, these issues must be addressed: First, every data source needs to be integrated from the start.

Supply Chain Software 72

Supply Chain Software Warehousing Optimal Sourcing Optimization Software 72

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 figure includes Panasonic’s purchase of the remaining 80 percent of shares in Blue Yonder for $5.6 Apple’s Advanced Manufacturing Fund is financing the project.

Logistics Network Optimization Software 252

Logistics Network Optimization Software Supply Chain Planning Software Waste Reduction Price Reduction 252

EC Sourcing Group

APRIL 27, 2021

5 Benefits of Global Sourcing in Supply Chain Management. When the topic of global sourcing comes up, procurement managers often balk at global sourcing in supply chain management because they worry they will have to sacrifice quality or delivery when using global suppliers. Manufacturing. it most certainly is.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Supply Chain Software EC Sourcing 52

Supply Chain Game Changer

FEBRUARY 1, 2022

Featuring Our Top 16 Articles on Freight and Logistics! Logistics has been in the news a lot lately, and it will continue to be for some time to come. In March of 2021 we heard about Logistics when a ship blocked passage through the Suez Canal. What is Logistics exactly? Definition of Logistics.

Logistics Network Optimization Software 89

Logistics Network Optimization Software Logistics Resource Reduction Military 89

Logistics Viewpoints

NOVEMBER 28, 2022

Definitions of agility, resilience, visibility, and end-to-end collaboration are all very much tied together. That variability might be in the areas of manufacturing, distribution, or transportation capacity. But procurement says, ‘well, we’re not going to tell the supplier that because we have this volume-based discount.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 193

Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Supply Chain Shaman

NOVEMBER 2, 2018

At the time, we were both deployed as consultants for Manugistics to help a manufacturing company to implement end-to-end planning. There is no solution to optimize source, make and deliver together or drive bidirectional orchestration to execute trade-offs between functions automatically. Manugistics is now owned by JDA.).

Supply Chain Planning Software 167

Supply Chain Planning Software Supply Chain Network Software Manufacturing Procurement Supply Chain Design Software 167

The Logistics of Logistics

SEPTEMBER 12, 2020

Jason Miller (PhD The Ohio State University) is a tenured Associate Professor of Logistics and the John D. His primary research stream examines firms’ logistics operations, with an emphasis on studying motor carrier safety, productivity, pricing dynamics, and driver turnover. Supply Chain Definition. and Dortha J.

Supply Chain Design Software 130

Supply Chain Design Software Negotiate Pricing Negotiating Skills Supply Chain Design 130

SCMDOJO

JUNE 21, 2023

SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89