OptiProERP

MARCH 15, 2022

Before getting into production scheduling and how it helps manufacturers, let’s have a quick look at the functions of the production department in a manufacturing organization. The production schedule is a versatile and important document that focuses on planning, forecasting, predicting, and meeting demands on time.

Manufacturing Procurement 78

Manufacturing Procurement Optimal Sourcing Material Savings Resource Reduction 78

Unleashed

APRIL 10, 2023

The internal processes of a manufacturer are critical to the success of the overall business. This article breaks down 11 of the most effective process improvement techniques in manufacturing that you can implement in your workplace today. Deep dive: Check out the 2023 Manufacturing Productivity Guide.

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste Reduction 52

OptiProERP

MAY 18, 2023

So what is procurement? Procurement is acquiring goods, services, or works from an external source. It involves sourcing, negotiation, ordering, delivery, and payment for goods or services. What Are the Types of Procurement?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Procurement Solutions 52

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. Time to Know. Time to Act. For me, it is a heightened respect for time. For me, it is a heightened respect for time. China was the source of over 90% of PPE.) As I watch the news and work on client documents in my quarantine, I try to manage my emotions.

Supply Chain Planning Software 431

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 431

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. For instance, Amazon.com only has 26 conditions of use.

Procurement Analytics 120

Procurement Analytics Manufacturing Procurement Procurement How To 120

Silvon Software

JUNE 23, 2020

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. Nevertheless, measuring supply chain performance is critical for a manufacturing concern.

Manufacturing Procurement 89

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 89

QAD

MAY 23, 2023

The goal, from a manufacturing perspective, is clear: learn how to do more with less as efficiently as possible while maintaining profitability and complying with due diligence legislation. Ninety percent of companies have an ESG strategy in place and chances are good yours does, too – or will very soon.

Procurement Solutions 92

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 92

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. By ensuring on-time deliveries and minimizing stockouts, they can directly improve customer satisfaction.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

EC Sourcing Group

JULY 28, 2020

Objectives of Procurement Management. The objectives of procurement management can range from the most general, such as “buying goods and services,” to the more complex, such as “supporting organizational goals within the team.” What Is Procurement Management? Objectives of Procurement Management: Managing Contracts.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 52

SYSPRO Smarter ERP

MAY 2, 2024

ERP trends 2024 – achieving business success through the use of innovative technologies Now that Artificial Intelligence and Machine Learning are firmly established, we expect to see a massive take-up of these technologies by manufacturers in 2024. It’s a sizable market, with research conducted by HG Insights stating that 1.4

Forecasting Software 52

Forecasting Software Supply Chain Planning Software Modeling Software Analytics Software 52

Unleashed

NOVEMBER 2, 2023

A production schedule can help you bring down manufacturing costs and maximise efficiency during the production process. Effective production scheduling can mean the difference between a happy customer and a job that was cancelled because it wasn’t completed on time. In this production schedule guide: What is a production schedule?

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

DynaSys

SEPTEMBER 8, 2020

Years ago, I saw a statistic that many people do not purchase a fire extinguisher for their residences until after they experience an actual incident. The same concept works for business and manufacturing. Executives of CPG manufacturers need to take a new look at crisis management as a matter of social responsibility.

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Planning Software Manufacturing Supply Chain Network Software 62

GlobalTranz

MARCH 23, 2016

These teams can identify the root causes that created missing reaching their goals and determine a time frame for completion. All activities are documented by a team recorder. Any variations in the process will most likely increase cycle time and cause quality issues. 2) cycle time and (3) SWIP (Standard Work-in-Progress). (3)

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Logistics Viewpoints

AUGUST 29, 2022

For AGCO, a public company with over $11 billion in revenues, a supply chain risk management application helped the agricultural equipment manufacturer stay agile during COVID. AGCO’s ability to predict when shutdowns would occur improved over time. They had to spend extra time and money to expedite goods and production took a hit.

Risk Management 194

Risk Management Supply Chain Planning Software Supply Chain Design Software Supply Chain Risk Management 194

TrackVia

MARCH 25, 2024

They’re the tools that are quietly changing the game across different industries, from construction and healthcare to manufacturing and field services. Imagine being able to track your team’s progress on a project from anywhere, at any time, with just a few taps on your smartphone. One click, infinite possibilities.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Design Software Cost Reduction Strategies Waste Reduction 105

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Precoro

APRIL 18, 2023

For example, a company that produces furniture has to order raw materials and trace the manufactured items sent to the customers (forward tracing) and occasionally the items that are returned (backward tracing). An undisturbed supply chain is vital for continuous production and, as a result, for customer satisfaction.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Arena Solutions

JUNE 23, 2023

Introduction The bill of materials (BOM) is as essential to manufacturing as a club is to golf—you can’t build or play without either item. A BOM makes the manufacturing process accurate and effective and combines all the information necessary to create a finished product.

Cost Reduction Strategies 71

Cost Reduction Strategies Waste Reduction Inventory Reduction Resource Reduction 71

Logistics Viewpoints

NOVEMBER 14, 2022

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. But even in more normal times, a supply plan usually can’t be fully executed. Real-time location and IoT data such as condition statuses (e.g.,

Agile and Lean Supply Chain 224

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 224

Logility

MAY 12, 2021

Implication: businesses that bet on this one being just another case of brow-beating run a significant risk in the near term. The Chinese government plans to double manufacturing capacity in the XUAR by 2025, with a focus on apparel and textiles. Customs and Border Protection (CBP) personnel at all U.S. XUAR Facts and Figures.

Supply Chain Planning Software 185

Supply Chain Planning Software Manufacturing Procurement Scenario Planning Supply Chain Planning 185

Precoro

JANUARY 30, 2023

As a company slowly grows, purchase management becomes more and more complicated. The need to manually create, store, manage, and analyze the ever-growing purchase orders and all associated documents can be pretty cumbersome. Plus, find a comparison table of some free purchase order software and paid programs.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Supply Chain Planning Software Supply Chain Software 52

Logility

JUNE 28, 2022

Even in the best of times, they can be unwieldy, and keeping track of your suppliers, your suppliers’ suppliers, and… You know the drill. It’s not just about meeting ESG goals. Today’s supply chains are messy, tangled beasts. A transparent view of the supply chain is required. . Why Is Supply Chain Visibility Important?

Supply Chain Visibility 173

Supply Chain Visibility Supply Chain Planning Software Real-time Visibility Supply Chain Software 173

QAD

JANUARY 9, 2024

Just a few questions to consider follow: Correctly classify imports to ensure your payment of duties is no more or less than it should be? Export controls to ensure that all export licenses, permits and customs documentation are correct? Decentralized data and lack of trade secret security can lead to legal vulnerability.

Global 97

Global Supply Chain Software Vendor Strategies Demand Planning Software 97

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. Sustainability. Globalization.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

Logistics Viewpoints

NOVEMBER 23, 2020

In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. Ronan Stephens, the Senior Vice President of Supply Chain Management and External Manufacturing, explained how the company set out on a journey to improve customer service while also reducing costs.

Supply and Demand 192

Supply and Demand Customer Service Logistics Network Optimization Software Supply Chain Planning Software 192

TPSynergy

AUGUST 29, 2020

As part of the Supply Chain Management, an important task of the sourcing team is to identify and Onboard new suppliers regularly. On-boarding a new supplier could be a time consuming task. Are these locations manufacturing units or corporate offices? These documents will be needed in future also for any audit or verification.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Vendor Strategies Supply Chain Design Software 52

ivalua

MARCH 18, 2021

Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials. This greatly increases the company’s agility, allowing highly efficient purchasing operations.

Optimal Sourcing 246

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Purchasing Skills 246

Arena Solutions

JUNE 23, 2023

Introduction The bill of materials (BOM) is as essential to manufacturing as a club is to golf—you can’t build or play without either item. A BOM makes the manufacturing process accurate and effective and combines all the information necessary to create a finished product.

Cost Reduction Strategies 52

Cost Reduction Strategies Waste Reduction Inventory Reduction Resource Reduction 52

Enterra Insights

NOVEMBER 8, 2023

Put simply, a supply chain consists of various components — raw materials, transportation, manufacturing, goods, etc. These systems of record document transactions; however, they were never intended to monitor and correct mistakes at scale. As of this past June, the chatbot had over 100 million users and 200 plugins.

Resource Reduction 130

Resource Reduction Supply Chain Software Modeling Software Inventory Reduction 130

Logility

AUGUST 4, 2023

As we’ve seen, it’s not uncommon for project owners to run a project like this just once in their entire career. Document and agree to what your next supply chain planning technology must deliver for you. Apart from the supply chain, operations, procurement and IT teams, also consider sales operations, finance and more.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Vendor Strategies 208

The Logistics & Supply Chain Management Society

JULY 16, 2023

Enterprises need to urgently shift their ambition level from just halal certification, to corporate halal reputation and halal DNA. This trend is also better known as the evolution of halal or when applied to an organisation: the corporate halal maturity.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Jaggaer

JUNE 9, 2020

Procurement teams can lead the way in building a robust system into the future. According to the Financial Times , over 3,300 suppliers in China received force majeure certificates in February alone. This should serve as a wakeup call for procurement teams to take a look at the clauses in their contracts. Revise Your Contracts.

Sourcing Strategies 52

Sourcing Strategies Price Reduction Manufacturing Procurement Procurement Solutions 52

IQMS

MAY 24, 2018

Investing in a manufacturing company – and/or operating a manufacturing company – in the current economic climate represents both opportunity and risk as U.S. manufacturing demand and profitability are accelerating. Manufacturing Predicted to Regain All Output Lost in the Great Recession by April 2019. “The

Manufacturing Procurement 41

Manufacturing Procurement Manufacturing Supply Chain Planning Software Supply Chain Design Software 41

TransAudit

JUNE 27, 2023

Machine learning, at its core, is a technology that allows systems to learn from experience, improve predictions, recommendations, and decisions over time. It advances digitization efforts, facilitates data cleaning, and streamlines supply chain planning, procurement, and execution.

Optimal Sourcing 69

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 69

Logistics Viewpoints

MAY 3, 2021

OpenText was the largest vendor in this market the last time ARC did the study. Beginning to collaborate with new partners entering a supply chain can be time consuming. I am updating writing and research on the supply chain collaboration network market. As such, their offerings warrant attention.

Agile and Lean Supply Chain 209

Agile and Lean Supply Chain Supply Chain Software Supply Chain Supply Chain Network Software 209

ToolsGroup

SEPTEMBER 22, 2020

Have you noticed how the clock speed of just about everything has sped up considerably in just a few years? Surveys have shown that consumers are 71% more likely to make a purchase based on social media referrals, and 47% of millennials’ purchases are influenced by social media1. retail stores. retail stores.

Supply and Demand 156

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