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

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics. Purchased parts and similar items.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 120

Supply Chain Shaman

JULY 25, 2021

Reversing The Trend. How do we reverse the trend? While the input from sales on market trends is invaluable, sales should never be asked to forecast. The Focus Inside-out Supported by Functional Metrics. Few companies adopted balance scorecard approaches and only 29% of companies tracked total supply chain costs.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

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

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. This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time.

Manufacturing Procurement 105

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

Supply Chain Shaman

JUNE 21, 2023

Before you react, here are some definitions. Almost two decades of reporting. One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers. As I listen, I struggle. But does it help the profession?

Gartner 365

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 365

Unleashed

FEBRUARY 12, 2024

Capital costs Capital costs represent the opportunity cost of the funds tied up in inventory. This includes the cost of capital used to purchase inventory, which could have been invested elsewhere for potential returns. The monthly labour cost for these employees is $3,500.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

QAD

JUNE 25, 2019

It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Whether you measure purchase orders or customer orders—and you should do both—high numbers indicate problems in your inventory planning and flow.

Procurement Analytics 104

Procurement Analytics Metrics Inventory Reduction Inventory 104

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

QAD

FEBRUARY 9, 2022

Remaining competitive is a top priority for any manufacturing operation. To stay ahead, companies must be knowledgeable about production trends contributing to their competitors’ success. Learn more about what lean manufacturing is and the five principles helping manufacturers get ahead. Identify Value.

Manufacturing Procurement 52

Manufacturing Procurement Agile and Lean Supply Chain Lean Manufacturing 52

Elementum

JUNE 30, 2022

Welcome to Elementum’s Supply Chain Market Report. This monthly newsletter observes one or two important macro trends through the lens of Supply Chain Management. We review how those trends are likely to impact Supply Chain and what leaders can do to adjust. If there are topics you’d like us to cover, email info@elementum.com.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

Supply Chain Shaman

NOVEMBER 27, 2016

Here I share insights on the work we are doing on the Network of Networks, and Five Trends that Excite Me. Buyers beware of the use of the name without meeting the definition. At this small session we will explore these new trends: What is the role of blockchain in the future of building value networks? Definitional Image.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Trends Prescriptive Analytics Software 150

ivalua

JUNE 29, 2020

With rising costs and declining margins, health systems must become more efficient and productive. Eroding margins and depleting cash reserves: Not only is spending going up, margins are going down and cash reserves are depleting, this was a trend that began pre-covid-19. According to 2019 Definitive Healthcare data, U.S.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Precoro

JUNE 6, 2022

Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. In this case, the supplier receives a commission from both the customer and the manufacturer. Let's imagine a company A, that manufactures a finished product – sneakers. Blurred lines.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

Supply Chain Shaman

SEPTEMBER 10, 2020

Let’s look at some of the market trends to understand the severity: Lumber prices skyrocketed 60% in the last six months. A moderately-priced new home in the United States now costs an additional $16,500. Demand latency is the time from channel purchase to order receipt.) Most are struggling to find consultants to help.

Supply Chain Planning Software 413

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 413

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) I did not think that anyone had a clear definition of supply chain excellence. My desire was to make the rankings of the Top 25 supply chain report data-driven based on balance sheet results. Using new technologies in traditional process definitions reduces the potential for value enablement.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

GlobalTranz

FEBRUARY 25, 2021

Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. For instance, goods move from the customer to the distributor or to the manufacturer. When a manufacturer’s product normally moves through the supply chain network, it is to reach the distributor or customer.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. ” Supply Chain Leader. I am behind.

Procurement Analytics 260

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 260

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. A “meticulous examination of all costs.” The solution?

Price Reduction 52

Price Reduction Cost Reduction Strategies Expense Reduction Inventory Reduction 52

QAD

NOVEMBER 10, 2022

It has most definitely impacted how people buy products of all types and in all industries. For example, manufacturers have had to alter business models to be able to accommodate the change in consumer behavior. However, at the same time, the technology of better data management is most definitely helping manufacturers as well.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

ToolsGroup

SEPTEMBER 22, 2020

Supply chain practitioners know trends like product line proliferation, shorter product life cycles, increased complexity, massive amounts of data and ever more demanding and unpredictable customers are accelerating. Add to that the dizzying pace at which new products and trends are promoted and spread online and via social media.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

Supply Chain Shaman

JUNE 14, 2014

“The idea of the value chain is based on the process view of organizations, the idea of seeing a manufacturing (or service) organisation as a system, made up of subsystems each with inputs, transformation processes and outputs. How value chain activities are carried out determines costs and affects profits.”

Optimal Sourcing 287

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 287

BlueYonder

DECEMBER 22, 2020

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. A recent report by Morgan Stanley highlighted the growing importance of data, as well as the huge investments companies are making as a result. “In

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Supply Chain Software 93

SCMDOJO

NOVEMBER 9, 2023

The primary goal of inventory control is to reduce the costs associated with holding stock. This is achieved by helping business owners determine the right time to restock their items or purchase materials for production. Furthermore, implementing the right Inventory Control Techniques can help reduce storage costs.

Inventory Reduction 80

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 80

ThroughPut

OCTOBER 7, 2022

A definite “no-no” for demand planners. Understanding and predicting demand in unpredictable times. While these changes in consumer behavior have been abrupt, the trend is likely to continue in the years to come. Reshaping the manufacturing world to meet new demands.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

Proxima

FEBRUARY 25, 2022

Concerns are mounting over the ‘fast fashion’ business model and its role in over-consumption and generating excessive waste. However, there are revenue and growth opportunities, principally driven by a new age of, or trend even for recycled and repurposed garments. Rethinking procurement. A new definition of value is required.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Modeling Software Industrial 52

Enterra Insights

JANUARY 31, 2023

The Future of Online Grocery Shopping Applebaum reports, “The trajectory of grocery e-commerce sales over the past two years is marked by several peaks and valleys, many of which were driven by factors directly related to the pandemic (vaccination rates, the delta and omicron surges, etc.). growth in 2020. growth in 2020.

Omnichannel 130

Omnichannel Predictive Analytics Software Price Reduction Inventory Reduction 130

Resilinc

AUGUST 3, 2021

These concepts can be hard to define and measure, and even harder to integrate into procurement. Yet the largest brand manufacturers appear to be serious about improving their supply chains’ ESG, CSR, and sustainability performance, especially reducing greenhouse gas emissions.

Sustainability 69

Sustainability Price Reduction Supply Chain Strategy Manufacturing Procurement 69

ToolsGroup

JUNE 27, 2022

At the back of your supply chain, you’ve got your raw materials being procured. In the middle, you’ve got your manufacturers that take those raw materials and turn them into finished goods. Scoops is a manufacturer that makes batch ice cream and pre-packaged ice cream bars and pints. Types of Vertical Integration.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

ThroughPut

MARCH 25, 2024

Let’s get started with definitions, differences and benefits. Demand forecasting is the process of predicting future customer demand for a product or service. Demand forecasting predicts future customer demand using historical data and market analysis. What is Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Supply Chain Matters

SEPTEMBER 17, 2022

The financial market’s response has been immediate and as we pen this blog posting on the mid-morning of September 16, FedEx stock is trending down upwards of 21 percent, billed as the company’s biggest stock drop since 1980. This remains a significant challenge for FedEx. Added Perspectives.

Cost Reduction Strategies 59

Cost Reduction Strategies Resource Reduction Inventory Reduction Sourcing Strategies 59

ThroughPut

DECEMBER 5, 2023

Keeping up with demand and market trends challenges most supply chain operators. Let’s start with the definition. Demand forecasting is the process of predicting future demand for a product or service, which helps businesses plan and allocate resources effectively. What is Demand Forecasting? How is that helpful?

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

SupplyPike

JUNE 15, 2020

Learn about: The definition of consumer packaged goods The types of CPGs What the CPG marketplace looks like Top trends in the CPG industry. CPGs are the largest manufacturing employers in the US as well. These products are purchased quite often with running costs. Trends in today’s CPG market.

Packaging 56

Packaging Manufacturing Procurement Purchasing Skills Consumer Goods 56

Silvon Software

APRIL 19, 2022

The past few years have created a lasting impact on the way business is conducted, driving many companies to analytics to gain the visibility they need to control and optimize key processes. The Basics of Procurement KPIs. There must be a clearly defined data source with a standardized process for collecting and measuring that data.

Optimal Sourcing 121

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 121

EMERGE App

APRIL 5, 2024

The picture of wholesale distribution industry in 2024 The report from Research and Markets forecasts that the wholesale market size will reach $68,092.65 Everyone has more or less the same suppliers or manufacturers, how low do you think you can price your product? But that thought is no longer valid!

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

Supply Chain Shaman

FEBRUARY 16, 2016

One of my clients waits four days for a custom report. This is a very different definition than the traditional supply chain practices that are often touted as “best practices.” Historically, supply chain processes were functional focused on make, source and deliver. The technologies, terms and process definitions are new.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Software Supply and Demand Supply Chain Design 150