ToolsGroup

SEPTEMBER 20, 2022

Optimizing Equipment Maintenance. As AI becomes more affordable and accessible, manufacturers are leveraging the power of predictive algorithms in combination with sensors and computerized maintenance management systems (CMMS) to optimize their equipment maintenance. Optimize spare part inventories.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Precoro

SEPTEMBER 4, 2023

By learning how to calculate it and change it to their advantage, companies can accelerate cash inflow and free up money that would otherwise be tied up in inventory. 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.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

OptiProERP

FEBRUARY 8, 2024

It will explore the benefits, challenges, and strategies for achieving optimal synergy between these two critical components of modern manufacturing. By integrating disparate functions into a centralized platform, ERP systems enable companies to streamline operations, optimize resource utilization, and make data-driven decisions.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Design Software 52

Enterra Insights

MARCH 28, 2019

Even when companies have been generally successful in reducing the number of imperfectly fulfilled orders, the high cost of the very small percentage of orders that aren’t filled completely, on time, damage-free and with all proper documentation and invoicing remains a vexing problem.”[1] Comprehensive designs use sophisticated models.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Design Software Modeling Supply Chain Network Software 100

Logility

MAY 7, 2020

Digital transformation of the supply chain is the change of supply chain activities, processes, competencies and models to leverage the massive amounts of data generated by the Internet of Things (IoT) and related technologies to fundamentally shift, i.e., transform, supply chain capabilities.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement.

Case Study 288

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 288

ThroughPut

APRIL 28, 2020

A sound Capacity Planning Software can eliminate ambiguities and guesswork from production planning processes by optimizing through efficiency and planned capacity. It ensures inventory & supply chain optimization across all levels by accurately projecting finished goods and supply chain forecasting for each component-level.

Supply Chain Planning Software 52

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

ThroughPut

APRIL 28, 2020

A sound Capacity Planning Software can eliminate ambiguities and guesswork from production planning processes by optimizing through efficiency and planned capacity. It ensures inventory & supply chain optimization across all levels by accurately projecting finished goods and supply chain forecasting for each component-level.

Supply Chain Planning Software 52

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

ThroughPut

APRIL 28, 2020

A sound Capacity Planning Software can eliminate ambiguities and guesswork from production processes by optimizing through efficiency and planned capacity. It ensures inventory & supply chain optimization across all levels by accurately projecting finished goods and supply chain forecasting for each component-level.

Supply Chain Planning Software 52

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

Supply Chain Trend

DECEMBER 22, 2023

It will describe more of a new business model/approach, adaptions to the realities of todays world, using the possibilities of todays technology. These new operating models can create significant benefits. An updated belief system and new operating models won’t solve all of the issues that holds IBP or any change effort back.

Supply Chain Planning Software 78

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

GlobalTranz

JANUARY 4, 2017

Customer metrics. Lean is DAILY continuous improvement, pull systems to reduce inventories (versus push that increases inventory), Lean Six Sigma to improve quality to.003 Use the Warehouse/3PL Transportation Management System (TMS) to optimize lanes and routes to save 15% + cost Reduction. The SLA is a living document.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

Supply Chain Shaman

AUGUST 21, 2015

In my view, a four-box model by an analyst firm is a cop-out. In addition, 85% of the vendors in the multi-tier inventory optimization market that I wrote about in 1995, are now part of larger platforms. The documentation is evolving and there are few trained consultants. It is about more than magic. It is just too easy.

S&OP 150

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Design Software 150

DynaSys

JANUARY 20, 2021

To recover from this pandemic have documented plans in place for the following: Headcount ramp up Workplace safety to prevent COVID-19 spread Outbreak readiness. Then document how you developed these plans. Add S&OP in your Supply Chain Model. Ensure sufficient material and inventory stocks Plant and equipment integrity.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Optimization 97

Logility

AUGUST 5, 2021

This means routinely bringing together the C-suite, finance, supply chain, manufacturing, sales and marketing teams so everyone is seeing, working from and agreeing to an aligned plan that achieves optimal business outcomes. Inventory-based KPIs probably make sense for you, but how will you benchmark results?

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

Kanban Logistics

FEBRUARY 27, 2020

It’s home base for sophisticated eCommerce operations, high-velocity retail distribution, vendor managed inventory, and a variety of other services. The dedicated 3PL model. The shared 3PL model. Multi – channel capabilities : The WMS can manage inventory and orders related to both B2B and B2C simultaneously.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

Supply Chain View from the Field

AUGUST 27, 2014

Students will learn core processes around initial exploration and assessment of supply chain relationships, establishing metrics/expectations for the relationship, crafting and managing contracts, and sustaining continuous performance improvement in sourcing, logistics and operations.

Negotiating Skills 68

Negotiating Skills Negotiate Pricing Supply Chain Design Software Manufacturing Procurement 68

6 River Systems

OCTOBER 14, 2022

Without it, your inventory stays on the shelf, and your customers look elsewhere to get what they need. Inventory management techniques. It involves: Inventory management. This capacity isn’t just about customer service, either — it’s about inventory management. Inventory management techniques. Warehousing.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

TrackVia

AUGUST 17, 2023

Comprehensive Asset Inventory To effectively manage assets, it is crucial to have a comprehensive inventory that includes both tangible and intangible assets. The inventory should capture essential information such as asset type, location, acquisition date, maintenance history, and depreciation status.

Asset Management 98

Asset Management Analytics Software Predictive Analytics Software Optimization Software 98

Logistics Viewpoints

JANUARY 23, 2024

The data is all anonymous, but retailers can look at metrics such as time to fulfill, pack time, conversions, and ship versus pick-up, to name a few, across hundreds of Active Omni customers. Manhattan also spoke about returns, as they use their routing optimization engine for returns.

Supply Chain Planning Software 210

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 210

Logistics Viewpoints

APRIL 21, 2021

What is the Perfect Delivery Metric? The perfect delivery includes four elements: order completeness, timeliness, condition, and documentation. Improving on this metric will always involve a focus on people and processes, but often also includes implementing new, more robust, supply chain applications.

Sourcing Strategies 235

Sourcing Strategies How To Supply Chain Design Software Supply Chain Planning Software 235

Kinaxis

FEBRUARY 22, 2018

Among the many supply chain initiatives taking place today, vendor-managed inventory (VMI) has become an increasingly effective process and business model to help organizations share risk and information between vendors and customers — while benefitting from lower stockouts, reduced uncertainty and lower costs. Lower order volatility.

Vendor Strategies 150

Vendor Strategies Inventory Reduction Beverage Modeling 150

Elementum

FEBRUARY 7, 2024

It integrates deeply within business systems, allowing companies to manage inventory, oversee contracts, and refine production processes more effectively. The journey from basic tools to advanced automation has revolutionized how businesses approach and optimize their operations, contributing substantially to the advent of process automation.

Cost Reduction Strategies 78

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

NC State SCRC

NOVEMBER 5, 2016

Contract analytics can provide a summary view on performance and pricing deviations, risks, statistics (expiry, renewal and pending), procurement and sales metrics. The tool also helped support a well-documented statement of work, and ensured that the right regulatory requirements and questions were being addressed in the contract.

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 40

TrackVia

AUGUST 17, 2023

Comprehensive Asset Inventory To effectively manage assets, it is crucial to have a comprehensive inventory that includes both tangible and intangible assets. The inventory should capture essential information such as asset type, location, acquisition date, maintenance history, and depreciation status.

Asset Management 52

Asset Management Analytics Software Predictive Analytics Software Optimization Software 52

Demand Solutions

FEBRUARY 21, 2019

At this point, you may be saying to yourself, "but carrying excess inventory is expensive!" However, this is exactly why some of the best-run and most profitable businesses are so focused on holding the optimal amount of safety stock. If your business is one of them, what is the basis for your "rule of thumb" metric?

Forecasting 189

Forecasting Modeling Forecasting Software Supply Chain Planning Software 189

Unleashed

FEBRUARY 28, 2023

Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process. Receiving efficiency is a useful warehousing metric that helps business owners determine whether their receiving process needs improvement. What is receiving efficiency?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

Logistics Viewpoints

MARCH 31, 2022

The industry’s well-documented labor shortages are not ending anytime soon. We wanted to see inventory positions around the world compared to our forecast, compared to our actual demand. Leveraging a digital freight bidding solution, delivered via a SaaS model, automates and accelerates this process.

Logistics Network Optimization Software 207

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Supply Chain Network Software 207

Unleashed

APRIL 12, 2023

B2B fulfillment, also called business-to-business fulfillment, is when one business supplies inventory to another business or retailer, either to use within the business or for resale to their customers. Fulfilling these high-stake orders often requires longer lead times, considerable planning, and detailed documentation.

Supply Chain Planning Software 52

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

GlobalTranz

JUNE 1, 2015

Lean systems have provided a formidable operating strategy for leaders determined to achieve and maintain optimal operational systems and customer satisfaction levels. There are multiple good models for lean manufacturing operations. And, most models are applicable to any business size or integrated corporate structure.

Manufacturing Procurement 120

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

Supply Chain Shaman

OCTOBER 7, 2012

Q: Is it only inventory disrupting the agility resulting from inaccurate forecasts by S&OP? There are seven primary agility levers: Analysis of Form and Function of Inventory: Form of inventory is the decision of what form to hold the inventory in: raw material, semi-finished good or finished good. Is it S&OP?

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

Oracle SCM

MAY 22, 2018

Accordingly, in many companies Quality Management has been addressed already - but with an approach that does not lead to success: It’s typical for a large organization to have implemented multiple quality management processes, data models, and applications over time. The number of systems make getting the answers too complex.

Quality 68

Quality Optimal Sourcing Procurement Analytics Manufacturing Procurement 68

6 River Systems

JUNE 29, 2020

Below, we’ve highlighted 50 expert supply chain management tips and best practices for navigating the post-pandemic world: Mitigating supply chain risks Supply chain crisis management Supply chain optimization Leveraging technology to optimize the supply chain Mitigating supply chain risks 1. Model new risks and costs.

Supply Chain Planning Software 116

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

SCMDOJO

MAY 10, 2023

When integrating an ERP system, companies often find themselves grappling with the task of harmonizing their inventory, supplier, product, and customer databases. Data Accuracy measures data quality with consideration to key metrics like its accuracy, totality, and reliability. This type of data is called the master data.

Optimal Sourcing 123

Optimal Sourcing Government Quality Supply Chain Design Software 123

Logistics Bureau

JULY 18, 2022

As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy. Inventory levels. Inventory optimization software. Network modeling and optimisation software. Vendor-managed inventory or replenishment.

Inventory Reduction 88

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction Strategies 88

Intelligent Audit

DECEMBER 20, 2021

This is just one of the supply chain trends highlighted in a recent article by SupplyChainBrain that points out that most supply chain-related organizations “developed the ability to rapidly adapt business models and supply chain ecosystems to live with a high degree of volatility and disruption. Yes, it is still a forecasting tool.

Supply Chain Planning Software 52

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Supply Chain Network Software 52

Bristlecone

AUGUST 17, 2020

Given the realities of the post-pandemic world, the pressure is mounting to redesign the supply chain, define new practices and operational metrics, and cope with the competition from new channels of doing business or doing business with. Traditionally, documentation of lessons learned was sufficient. Beyond 2020.

Optimal Sourcing 98

Optimal Sourcing Modeling Scenario Planning Manufacturing Procurement 98

GlobalTranz

JUNE 2, 2016

This model, I like to call an "embedded 3PL relationship.". This paradigm shift to an embedded 3PL relationship or supplier model requires significant changes in thinking, behavior, culture, and compensation. Contract lengths may warrant evaluation in an embedded 3PL model. Value shared is value gained.

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120