USC Consulting Group

APRIL 1, 2020

Sales, Inventory & Operations Planning (SIOP) is a dynamic process in which the company’s operating plan is updated on a regular monthly or more frequent basis. Another contribution of Sales, Inventory & Operations Planning is that it enables the company to fine-tune its long-range strategic plan and annual business plan.

Inventory Reduction 75

Inventory Reduction Resource Reduction Supply Chain Planning Software Material Savings 75

SYSPRO Smarter ERP

AUGUST 2, 2023

This holds true across all five key components of a medical manufacturing business: Design, Manufacture, Distribution, Maintenance, and Service. By leveraging ERP analytics, manufacturers can streamline the management of sourcing strategies for materials and make informed decisions when selecting suppliers during the purchasing cycle.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

SCMDOJO

OCTOBER 14, 2023

This empowers all partners to follow the excursion of items from the source to the end client progressively, upgrading responsibility and lessening the gamble of misrepresentation or fake products. Enhanced Security and Immutability : Blockchain technology secures and distributes the encrypted information across the network.

SCM 89

SCM Examples Supply Chain Design Software Supply Chain Network Software 89

Zipline Logistics

SEPTEMBER 21, 2021

These are report cards that grade suppliers on quality and performance, looking at common metrics like on-time delivery, inventory management, missed shipments, lead time, costs, etc. OTIF Logistics Scorecard Guidelines for Sam’s Club. OTIF Logistics Scorecard Guidelines for Sam’s Club. Preferred carrier arrangement.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction Sourcing Strategies 52

SCMDOJO

NOVEMBER 24, 2023

Common warehouse accidents and their causes Warehouses are dynamic environments where goods are stored, sorted, and distributed. By prioritizing safety, warehouse managers can ensure that their employees can work in a secure environment, reducing the risk of injuries, costly lawsuits, and damage to inventory.

Warehousing 64

Warehousing Optimal Sourcing Material Savings Inventory Reduction 64

NC State SCRC

MARCH 11, 2021

To address these questions, I proposed creating a global material visibility system that can show how much inventory of key raw materials is at each manufacturer’s location, and each supplier’s location. We could also have “fire walls” so someone could see how much of their inventory is on hand, but not their competitor’s inventory levels.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Demand Planning Software System 52

New Horizon Supply Chain Blog

AUGUST 30, 2023

Inventory metrics are less intuitive, but ever since U.S. companies started adopting lean manufacturing and just-in-time principles in the 1980s, most business people have been trained to understand that excess inventory ties up capital and erodes profitability. The link between forecast accuracy and corporate goals is less clear.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Enterra Insights

JUNE 1, 2021

Melanie Nuce ( @auntmel ), Senior Vice President of corporate development at GS1 US, adds, “In an effort to gain velocity in fulfillment, AI has been playing an increasing role in inventory management. One source of tension is retailer chargebacks (or fines) for failing to comply with their compliance requirements.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

DynaSys

FEBRUARY 3, 2021

Understand their sources of income. Some examples may be rules restricting availability of transport stock and routes, laws limiting workforce liberties or effectiveness, short-term working capital guidelines, etc. Use these to inform demand forecasts to guide inventory and supply decisions. How to approach the new reality?

Modeling 97

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 97

DynaSys

FEBRUARY 19, 2019

The supply chain can be the roadmap to follow to determine the how, the what, the why, the when and the where’s the source of the problem as the supply chain covers the entire cycle of the process from ingredient to finished product. The best way to begin this process is by analyzing the components of the supply chain. Recalls will happen.

Manufacturing Procurement 45

Manufacturing Procurement Agile and Lean Supply Chain Supply Chain Software Supply Chain 45

New Horizon Supply Chain Blog

JULY 15, 2022

Inventory metrics are less intuitive, but ever since U.S. companies started adopting lean manufacturing and just-in-time principles in the 1980s, most business people have been trained to understand that excess inventory ties up capital and erodes profitability. The link between forecast accuracy and corporate goals is less clear.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

QAD

MARCH 28, 2019

Inventory accuracy and minimizing stockouts are very important to customer satisfaction, but a few other metrics also impact the ability to meet customer expectations. It’s easy to meet delivery expectations if you carry excess inventory, but it’s an expensive and impractical solution. Meeting Customer Expectations. Order Cycle Time.

Customer Service 80

Customer Service Metrics Forecasting Forecasting Software 80

RFgen

DECEMBER 9, 2015

Obtaining and using permanent assets in place of disposable materials can improve a business’s financial situation and public image, but only when managers implement the inventory assets properly. There are strict government guidelines in place for consumer safety to prevent spoilage and contamination from outside pathogens.

Food 52

Food Supply Chain Design Supply Chain Software Material Savings 52

RFgen

DECEMBER 9, 2015

Obtaining and using permanent assets in place of disposable materials can improve a business’s financial situation and public image, but only when managers implement the inventory assets properly. There are strict government guidelines in place for consumer safety to prevent spoilage and contamination from outside pathogens.

Food 52

Food Supply Chain Design Supply Chain Software Material Savings 52

DynaSys

SEPTEMBER 22, 2021

You’re also dealing with excessive inventory for some items while facing stock outs for others. The CFO has been asking why inventory holdings keep creeping higher while customer satisfaction is dropping. Perhaps a major source of financial pain in your supply chain is not having a digitized capacity planning solution.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Demand Planning Software Optimization Software 52

ToolsGroup

JUNE 15, 2023

Define the thresholds and guidelines for actions. This AI-driven forecasting method incorporates data from a broader range of sources to generate a range of probable forecast outcomes and calculate the likelihood of each. Smarter forecasts result in better inventory management (and in turn, happier customers and wider profit margins).

Gartner 293

Gartner Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 293

NC State SCRC

MAY 9, 2017

Optimized decisions in manufacturing would lead to inventory shortages or surpluses in other parts of the chain. But moving to a broader view also requires that individuals be able to absorb much more information from a diversity of sources. End to end views produce a plethora of data that is overwhelming!

Optimal Sourcing 40

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 40

SCMDOJO

DECEMBER 11, 2023

Stakeholders, including internal teams and external auditors, can use these reports to assess if the guidelines are being followed, encouraging a culture of accountability and integrity. Data Collection and Aggregation: Procurement Data Sources: Gathers information from various sources such as invoices, purchase orders, and contracts.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

GlobalTranz

MAY 20, 2015

It measures the percentage of products that are in compliance with government regulations and internal guidelines. New products are often introduced in the market and are a source of competitive advantage in industries such as automotive and consumer electronics.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Arkieva

JANUARY 6, 2017

Arrange your inventory based on how often you need to use it. View the full post or view the snippet below: Over the last 5 years, I have seen many companies launching inventory reduction programs. Supply Chain Complexity 1 – Plan/Source/Make/Deliver/…. Plan an Efficient Layout for the Warehouse. Read More ».

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

Taulia

JUNE 26, 2023

By focusing on improving their supply chain processes, businesses can improve product quality, avoid inventory shortages or oversupply, increase customer satisfaction, protect against supply chain risks, and reduce costs. When complete, the final products must then be stored, so they’re ready for distribution to customers.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 52

ShipBob

FEBRUARY 26, 2024

and then planning your inventory orders accordingly. Production and inventory planning should be accounted for when making this forecast. The benefits of CPFR in supply chain management CPFR ensures improved efficiency and better inventory management , which subsequently benefits other aspects of your supply chain.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

NC State SCRC

JUNE 22, 2022

Editor in Chief, Guidelines for Perioperative Practice, Association of periOperative Registered Nurses (AORN). Global sourcing from overseas is an inherent vulnerability that is engrained in our supply chains today – so we may need to shift to domestic sources, and begin development of suppliers on our continent. Andrew Lam.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning Inventory Reduction 52

RFgen

FEBRUARY 29, 2024

Maintains Compliance with Extended-Use Dating Support Extended-Use Dating Support refers to guidelines that allow for the use of products or materials beyond their original expiration date, under certain conditions. Compliance with these guidelines is important for product viability in life sciences and pharmaceuticals.

Supply Chain Planning Software 52

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

Precoro

MARCH 22, 2023

A supply chain disruption is a force majeure event or unexpected situation that significantly interrupts or constrains the free movement and distribution of products, services, inputs, and raw materials. Adopt multi-sourcing Dependence on one supplier for critical inputs can form a single source of failure.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Disruption Supply Chain Planning Software Material Savings 52

Infosys Supply Chain Management

JANUARY 13, 2013

Logistics and Distribution. Sourcing & Procurement. Distribution. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Communication Services. Consumer Packaged Goods. Financial Services. Healthcare. Hospitality and Leisure. Industrial Manufacturing. Media and Entertainment. Infosys Edge.

Supply Chain Planning Software 26

Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain Pharmaceutical 26

Enterra Insights

JUNE 19, 2020

In addition to government guidelines for the food supply chain, the Consumer Brands Association (CBA — formerly the Grocery Manufacturers Association) started a review of supply chain infrastructure, particularly that portion associated with food industries. Since over half of the fruits and vegetables in the U.S. Food Industry Exchange.

Food 100

Food Supply Chain Software Pharmaceutical Supply Chain Network Software 100

Supply Chain Trend

DECEMBER 22, 2023

I see more strategic decisions (close a plant or DC, enter a new product category, change in strategic sources) more in this category as well (which is different than what I show in figure 4). These are rough guidelines. Things like forecast accuracy, DIFOT, inventory holdings, schedule adherence.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. “Some companies are starting to invest in creating data-backed profiles of their supplier base so they know where and when to look for second sources. Apply a supply chain stress test.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Precoro

SEPTEMBER 2, 2022

For some businesses – usually smaller or with a single-source purchasing flow – it may be sustainable to react to the immediate needs. Services procurement includes sourcing services provided by people – consultancy, for instance. Because encompassing all steps of purchasing cycle, it's also called the source-to-settle process.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

Talking Logistics

APRIL 15, 2016

May their memory continue to be a source of strength and comfort to their families and friends and us all. Considering that there are multiple ports, countries and carriers each developing their own guidelines, the need for a global process standard is critical. And with that, have a happy weekend!

Logistics Network Optimization Software 100

Logistics Network Optimization Software Rail Software Demand Planning Software Logistics 100

Supply Chain Game Changer

DECEMBER 6, 2018

Having a safe work environment requires establishing clear and effective warehouse safety guidelines. Then, some workers simply don’t know the guidelines for warehouse safety and go about their day in ignorance. That can be everything from high-energy sources to potential falls from a height. The Importance of Warehouse Safety.

Warehousing 65

Warehousing Buyer Training Purchasing Training Material Savings 65

Requis

JULY 24, 2020

No one’s saying we’re going to replace them any time soon, so the CFO can continue to get his financial and inventory data, but we can better manage execution decisions in transportation or a planning decision around inventory positioning using AI/ML and real-time data.”. Disposition is a little trickier,” he says.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 130

RFgen

APRIL 25, 2019

Food traceability is how food products are tracked as they pass through the supply chain, from harvesting, production, processing and distribution to consumers. Automation technology such as mobile barcoding can create food traceability for the supply chain, granting visibility and high-quality inventory and material data in the process.

Food 52

Food Supply Chain Software Manufacturing Procurement Inventory Reduction 52

ShipBob

NOVEMBER 8, 2021

Use these guidelines to ensure the cookies you’re sending are as fresh and delicious when they’re being unboxed as they were coming straight out of the oven. Other shipping best practices when sending cookies in the mail. Select a fast shipping service (overnight or express is ideal!). Fulfilling food and beverage items requires special care.

Shipping 52

Shipping How To Beverage Analytics Software 52

Infosys Supply Chain Management

SEPTEMBER 22, 2011

Logistics and Distribution. Sourcing & Procurement. Distribution. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. This results in excessive response times, costs and inventory due to forecast inaccuracy. Communication Services. Consumer Packaged Goods. Financial Services.

Supply Chain Planning Software 27

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Software 27

RFgen

AUGUST 7, 2015

The Irish Times reported hereditary sources had been ruled out so investigators are focused on feed contaminated with meat products or bone as the most likely culprit. CIO stated manufacturers use ERP software to plan production, balance finances, track inventory and provide infrastructure integration. BSE is a serious concern.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Data Demand Planning Software 52