SCMDOJO

APRIL 4, 2023

Purpose of Supply Chain Analytics What are some examples of Supply Chain Analytics? To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources. What are some examples of Supply Chain Analytics? Key Takeaways What is Supply Chain Analytics?

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

Unleashed

AUGUST 29, 2023

In manufacturing, inventory management software is also used to track parts, raw materials, and production documents – such as a bill of materials and work orders – through the supply chain. Here’s a quick example of how inventory management software works in a business. How does inventory management software work?

Inventory Management Software 52

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

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. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). They do not relate to any overall company procurement goals and objectives.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. In one article , Mr. Sorenson points out that IBP works better for small manufacturers than large ones. A one number plan, Mr. Herrin told me, “is like an Excel spreadsheet.

Supply Chain Planning Software 236

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 236

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. 3 examples) What are the challenges of reverse logistics?

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

OptiProERP

JANUARY 8, 2020

Source: PwC Report, Experience is Everything: Get it Right. As manufacturing and distribution businesses adjust to customer expectations for product personalization, rapid response times, eCommerce and mobile applications, visibility into real-time processes is essential. Can you turn it around in time? Customer Story.

Manufacturing Procurement 101

Manufacturing Procurement Real-time Visibility Optimal Sourcing Material Savings 101

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. The goal is deeper analytics to sense and respond across make, source and deliver. It is clear. I am not surprised.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). Examples of No-code Platforms. Techcrunch.

Supply Chain Design Software 111

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Inventory Management Software 111

IQMS

JUNE 25, 2019

By 2020, Discrete Manufacturing, Transportation & Logistics and Utilities industries are projected to spend $40B each on IoT platforms, systems, and services. The senior management team at the manufacturer says the pilots are worth it if they can find a way to increase inventory turns just 10% using blockchain and IoT.

Supply Chain Planning Software 83

Supply Chain Planning Software Pharmaceutical Optimal Sourcing Supply Chain Software 83

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

NC State SCRC

APRIL 3, 2019

The type of contract of interest in this report is for Development and Manufacture contracts in the Aerospace and Defense industries. The subcontract efforts feature the majority of military and part of commercial aviation, systems are outsourced by the overall airframe manufacturer, known as “primes” (Boeing, Airbus, Sikorski, etc.)

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

Supply Chain Movement

JUNE 11, 2014

Thirdly I have set up global raw material supply (GMS), a supply entity that consolidates CAN’s global purchase orders and global vendors to plan and deliver raw materials for our manufacturing sites. Our buyers are purchasing micro ingredients, such as vitamins, additives, minerals, etc. All three should be in balance.”.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

Supply Chain Shaman

JULY 29, 2017

At the time, I was working with two large manufacturing companies that were not clear on the definition of supply chain visibility. Examples include E2open, Elemica, GT Nexus (now owned by INFOR ), and SAP Ariba. Examples include E2open, Elemica, GT Nexus (now owned by INFOR ), and SAP Ariba. The language is different.

Supply Chain Network Software 153

Supply Chain Network Software Supply Chain Design Software Modeling Software Analytics Software 153

GlobalTranz

MAY 13, 2015

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. These are all examples of the effects production may have on the environment, in local communities, or on the people who grow and make what we sell.” million employees without a focus on good supply chain management.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Locus

JUNE 23, 2023

If customers do not receive their orders on time, they won’t buy from that company again. Today, consumers are comfortable and happy buying products online like never before. A manufacturer partnering with Amazon or FedEx to fulfill the customers’ online orders is an instance of using a third-party fulfillment strategy.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Vendor Strategies 52

Unleashed

FEBRUARY 8, 2024

Customers want to know product availability, price, and delivery times of the goods they are looking to purchase. They also want the ability to track their orders from point of purchase through to delivery, and to receive notifications about dispatch and shipping movements of their orders.

Inventory Management Software 52

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

Supply Chain Game Changer

NOVEMBER 23, 2018

When one of the world’s leading manufacturers of personal computers set new goals for its European operations, ModusLink was there to help. Variability of hardware and component sourcing affected production efficiency, causing fulfillment delays and lower customer satisfaction. by implementing its proven demand planning methodology.

Optimal Sourcing 43

Optimal Sourcing Reverse Logistics Case Study Modeling 43

EazyStock

MARCH 22, 2022

Customer behavior continues to be erratic as buying habits reflect current events and news stories rather than actual needs. It’s vital to maintain excellent supplier relationships. For example, up-to-date information from your staff, customers, and, of course, industry bodies. Consequences of poor demand forecasting.

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Modeling 52

SupplyOn

JULY 17, 2018

In other words, from the digital purchase order, via the digital confirmation, all the way through to the digital invoice. The fact that the process also becomes compliant, due to a documented and verifiable process is a further plus. What is particularly important to him is that the entire process be fully digitized.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Optimization Software 40

ShipBob

NOVEMBER 6, 2023

This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand. This documentation accounts for any units that are in transit and also in case anything is lost or damaged in transit. Learn more about inventory reconciliation here.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Supply Chain Shaman

AUGUST 11, 2016

About twice a month, companies ask me to review their strategy documents. For example, in the medical device supply chain is the customer the doctor, the hospital or the patient? In Agrosciences is the customer the distributor of seed/additives, the farmer or the downstream purchaser of food products? The issues are numerous.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

GlobalTranz

FEBRUARY 27, 2015

Editor’s Note: Today we are featuring this guest post from Find Accounting Software as it covers a subject we are also interested in, Manufacturing Technology which makes businesses more efficient. Earlier identification of product manufacturing issues. on using JustFoodERP at their food manufacturing company.

Manufacturing Procurement 120

Manufacturing Procurement Logistics Network Optimization Software Procurement Solutions Software 120

Supply Chain View from the Field

APRIL 1, 2015

Step 2 – Develop Metrics and Data Sources. The following are examples of corporate-wide management objectives associated with various supply chain management goals. Another example is “on-time delivery”. Each metric must be defined carefully, and the source of data (whether from the MRP system, the accounting system, etc.)

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Taulia

NOVEMBER 28, 2021

By regularly monitoring the average amount of inventory you hold, perhaps monthly, you can determine whether you’re over- or under-buying and iron out the spikes and drops to make your approach to inventory management more efficient. Measured by counting the number of times an order goes unfulfilled because of a lack of inventory.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

RFgen

SEPTEMBER 9, 2016

Suppliers play a critical role in every facet of the supply chain but especially manufacturing. For manufacturers to comply with regulations, they must be able to trace each item to its origin. According to ICE, from 2003 to 2009, Sabre falsified shipping documents, used false bottoms on crates and lied on business records.

Supply Chain Software 52

Supply Chain Software Supply Chain Strategy Supply Chain Manufacturing Procurement 52

RFgen

SEPTEMBER 9, 2016

Suppliers play a critical role in every facet of the supply chain but especially manufacturing. For manufacturers to comply with regulations, they must be able to trace each item to its origin. According to ICE, from 2003 to 2009, Sabre falsified shipping documents, used false bottoms on crates and lied on business records.

Supply Chain Software 52

Supply Chain Software Supply Chain Strategy Supply Chain Manufacturing Procurement 52

Supply Chain Shaman

SEPTEMBER 23, 2016

With this in mind, in this blog, I make an argument that we, as supply chain leaders, have screwed up direct material procurement. My goal is to have supply chain leaders consider a procurement redesign for 2017. As shown in Figure 1, roughly one in two supply chain organizations have responsibility for procurement.

Material Savings 150

Material Savings Manufacturing Procurement Optimal Sourcing Vendor Strategies 150

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

Supply Chain Shaman

JULY 22, 2016

On an ongoing basis I view supply chain strategy documents. Client Example of Demand Management Across Time Horizons. However, companies mature in the concepts of demand know that each order has latency–the time to translate market take-away into re-order points through the channel to the manufacturer. What is it?

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

Supply Chain Shaman

DECEMBER 30, 2021

Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free). Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Break your dependency on Excel Spreadsheets.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

Supply Chain Movement

DECEMBER 15, 2015

I have a supply chain team of ten people and we purchase all the raw materials for production in Iceland. What is the strategy of the Company (or Division/Supply Chain): Operational Excellence, Product Leadership or Customer Intimacy? Regulation in the medical device industry is a very big issue at the moment.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Iceland Supply Chain Software 60

TrackVia

AUGUST 17, 2023

Regulatory Compliance: In certain industries, regulatory compliance requires accurate documentation of assets. Example of a Comprehensive Hospital Asset Inventory System: Asset Categorization: The hospital categorizes its assets into groups such as medical equipment (MRI machines, ventilators, etc.),

Asset Management 98

Asset Management Analytics Software Predictive Analytics Software Optimization Software 98

Supply Chain Trend

NOVEMBER 16, 2016

On top of this we can see examples of marketing driven service providers that very doubtfully brand their product S&OP, or make up new names for existing S&OP processes. He is the author of the blog Supply Chain Trend and the self excellence guide Building Mental Toughness. S&OP, a vision for the future interview.

S&OP 115

S&OP Supply and Demand Supply Chain Planning Software Resource Reduction 115

OptiProERP

JANUARY 29, 2020

It is typical to focus on what your manufacturing business is doing right. Intelligent cloud ERP software , with its platform capabilities of real-time visibility, analytics, and automation, enables the diagnosis and correction of exceptions that could have a detrimental effect on manufacturing production or business management processes.

Manufacturing Procurement 87

Manufacturing Procurement Analytics Software Optimal Sourcing Optimization Software 87