Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Arena Solutions

OCTOBER 12, 2023

However, one crucial caveat to all this growth and opportunity is that—you need to follow industry compliance guidelines and deliver on quality. Leveraging internal audits to align quality management with key business metrics When asked what are the benefits of conducting an internal audit? billion to $855.62 billion in 2023.

Quality 88

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 88

6 River Systems

JUNE 29, 2020

The COVID-19 pandemic caused unprecedented global supply chain disruptions, impacting the flow of parts and finished goods around the world. The disruption caused by COVID-19 is unique in that it impacted supply chains across all industries.

Supply Chain Planning Software 116

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

Supply Chain Game Changer

JANUARY 20, 2020

Subscribe to Supply Chain Game Changer. The Supply Chain Game Changer Job Board! Supply Chain heroes article originally published by, and permission to publish here provided by, Adam Robinson on [link]. . Supply chain leaders and heroes will face the year with uncertainty and opportunity.

Supply Chain Software 62

Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Strategy 62

Supply Chain Game Changer

OCTOBER 4, 2022

Subscribe to Supply Chain Game Changer. Effective supply chain management includes the planning and implementation of several tasks such as acquisition, sources, conversion, and delivery. External client awareness and internal knowledge are two of the most important parts of the supply chain management system.

Manufacturing Procurement 81

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 81

SCMDOJO

FEBRUARY 29, 2024

Supplier performance management provides detailed information about the risks your suppliers may have, so you can take action to reduce or eliminate risks in your supply chain. Therefore, the success of supplier performance management directly affects the quality of the entire supply chain. How is it possible?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Precoro

DECEMBER 11, 2023

Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation. To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Target cost.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Exiger Perspectives

MARCH 30, 2023

Issues with Many SCRM Programs Supply chain management and supply chain risk management (SCRM) have become a greater priority for businesses and government organizations in the last five years, according to Gartner. This will also help you measure effectiveness and show improvement in your supply chain security program.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Risk Management Supply Chain Software Supply Chain Network Software 52

Supply Chain Game Changer

NOVEMBER 15, 2018

Check out The Supply Chain Game Changer Job Board! Supply chain leaders will face 2018 with uncertainty and opportunity. Data visualization can be applied to any supply chain process that presents users with information enabling the immediate adjustment of operations or sharing of information.

Supply Chain Software 49

Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Strategy 49

Supply Chain Game Changer

NOVEMBER 9, 2022

Subscribe to Supply Chain Game Changer. Adequate preparation: You can fast-track the process for your consultant by getting all the documents ready before their arrival. Follow-up : Instead of taking the backseat, you should have metrics that help you tell the performance of your consultant. Subscribe Here! Email Address.

Resource Reduction 86

Resource Reduction Expense Reduction Price Mitigation Strategies Supply Chain Strategy 86

Kinaxis

FEBRUARY 22, 2018

Food for thought: Time for a different kind of supply chain. As with any industry, food and beverage faces its own unique set of supply chain challenges, including: Expiring ingredients, manufactured product and packaged goods. Changing customer preferences and the need to continually “stock” the shelf.

Vendor Strategies 150

Vendor Strategies Inventory Reduction Beverage Modeling 150

Precoro

SEPTEMBER 4, 2023

The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity. The cash conversion cycle is a significant financial metric for retailers and manufacturing companies involved in buying and managing inventories and selling them to customers.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Supply Chain Trend

DECEMBER 22, 2023

We will decide and response faster in our supply chain and make higher quality operational and strategic decisions. I believe that soon enough it will become a must to provide new roles to young graduates for them to be interested in working in supply chain. These new operating models can create significant benefits.

Supply Chain Planning Software 78

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

ThroughPut

APRIL 28, 2020

It ensures inventory & supply chain optimization across all levels by accurately projecting finished goods and supply chain forecasting for each component-level. Here are some guidelines which can help in making this decision: 1. Absolute quality and documentation control.

Supply Chain Planning Software 52

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

ThroughPut

APRIL 28, 2020

It ensures inventory & supply chain optimization across all levels by accurately projecting finished goods and supply chain forecasting for each component-level. Here are some guidelines which can help in making this decision: 1. Absolute quality and documentation control.

Supply Chain Planning Software 52

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

ThroughPut

APRIL 28, 2020

It ensures inventory & supply chain optimization across all levels by accurately projecting finished goods and supply chain forecasting for each component-level. Here are some guidelines which can help in making this decision: . Absolute quality and documentation control.

Supply Chain Planning Software 52

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

Unleashed

NOVEMBER 5, 2023

A barcode inventory system allows goods to be tracked along the supply chain and within a company’s storage facilities. As with other methods of supply chain automation , a barcode inventory system’s primary role is to enable businesses to get more done, in less time, with fewer costs to the business.

Inventory Management Software 52

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

Elementum

FEBRUARY 7, 2024

Strategic implementation includes establishing a clear communication plan, setting performance metrics, and preparing the staff for the transition towards automated processes. Regulatory compliance involves developing processes that adhere to laws, guidelines, or specifications relevant to the organization’s operations.

Cost Reduction Strategies 78

Cost Reduction Strategies Supply Chain Software Predictive Analytics Software Resource Reduction 78

QAD

MAY 16, 2019

The Automotive Industry Action Group (AIAG) and Odette International are releasing the fifth version of the Materials Management Operations Guideline/Logistics Evaluation (MMOG/LE) assessment this summer. Benchmark supply chain operations. The F3 criteria are core to the foundation of supply chain management.

Supply Chain Planning Software 100

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 100

Precoro

MARCH 31, 2023

Optimizing the supply chain can play a significant role in reducing a company's adverse influence on the environment as their Scope 3 emissions are directly affected by their suppliers. Many organizations have responded by introducing policies and practices to prevent and address child labor in their supply chains.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

GlobalTranz

JUNE 1, 2015

ISO publishes guidelines for conformance to its standards. Inventory records, product specs, shipping documents contain errors. Delinquent and/or low quality suppliers remain in the supply chain. Supply Chain Lean Manufacturing Integration. There are multiple good models for lean manufacturing operations.

Manufacturing Procurement 120

Manufacturing Procurement Waste Reduction Agile and Lean Supply Chain Inventory Reduction 120

Precoro

SEPTEMBER 2, 2022

A good manager can also guarantee sourcing security by introducing guidelines and tools for managing supplier relationships. They also utilize procurement management tools to streamline processes and centralize databases, documents, and financials but fragmentize responsibilities. Reduced risk. Then come the people. Three-way matching.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

SupplyShift

SEPTEMBER 10, 2021

Using this information, you can iterate further, requesting more detailed data from suppliers to identify the most substantial compliance gaps in your supply chain. How to Iterate Assessments The pandemic has been responsible for a variety of repercussions, but supply chains were one of the areas hit hardest.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Vendor Strategies Supply Chain Network Software 52

SupplyShift

SEPTEMBER 10, 2021

Using this information, you can iterate further, requesting more detailed data from suppliers to identify the most substantial compliance gaps in your supply chain. The pandemic has been responsible for a variety of repercussions, but supply chains were one of the areas hit hardest. How to Iterate Assessments.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Vendor Strategies Supply Chain Network Software 52

SCMDOJO

DECEMBER 11, 2023

By assessing supplier performance metrics, such as on-time delivery, quality, and responsiveness, companies can identify high-performing partners and address issues with underperforming ones. This fosters stronger collaborations, encourages accountability, and ensures a more reliable and resilient supply chain.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Unleashed

MARCH 24, 2024

JIT is best used in combination with other systems (like Kanban), plus good inventory management software and efficient supply chain relationships. Takt Time Takt time is a metric which measures how many units you will need to produce each day to meet customer demand, without overstocking or under delivering. COGS targets.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

Kanban Logistics

FEBRUARY 27, 2020

This is standard practice in line with guidelines set by the International Warehouse Logistics Association (IWLA). While there are standards and guidelines for warehousing contracts, adjustments and negotiation are always possible. What is the 3PL provider responsible for? That information should be built into the contract.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

6 River Systems

DECEMBER 5, 2019

Picking also directly impacts the throughput metric, hence improving the productivity and speed of the picking process, which directly improves the throughput of the distribution center. Develop a documentation system you can trust. Diversify your strategies as your business grows. Bending or twisting while accessing loads.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52