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

EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. As a quantitative measure, CFOs can use a rating to see how investments improve performance over time (e.g. Why else might a company seek a rating?

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

ToolsGroup

SEPTEMBER 22, 2020

Have you noticed how the clock speed of just about everything has sped up considerably in just a few years? Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence. Of course, today’s hot item can change on a dime. retail stores.

Supply and Demand 156

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

Kanban Logistics

OCTOBER 31, 2023

Your 3PL can accommodate any shifts in space or resource requirements – effectively scaling your footprint to your needs as they change over time. This can lead to reduced order fulfillment times, improved accuracy, and lower inventory costs. What is 3PL warehousing?

Warehousing 52

Warehousing 3PL Supply and Demand Logistics Network Optimization Software 52

SCMDOJO

FEBRUARY 29, 2024

Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. What metrics do others (in my industry) use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

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. As the supply chain team contemplated this growth, they realized that they had to envision a future, not that many years out, where the company could be generating up to three times their current sales.

Supply and Demand 191

Supply and Demand Customer Service Logistics Network Optimization Software Supply Chain Planning Software 191

Logistics Viewpoints

NOVEMBER 10, 2014

The perfect order metric (POM) is one of the most critical metrics in fulfillment. The Warehouse Education and Research Council’s (WERC) definition of the perfect order metric is that a perfect order is delivered: Complete; On time; Damage free; And, with the correct documentation and invoicing. Just for Fun'

Metrics 196

Metrics Education Just-in-Time Research 196

Precoro

DECEMBER 11, 2023

It prioritizes not just the lowest purchase price, but the lowest total cost of ownership — meaning the total cost of a product or a service during its lifecycle, including purchase, maintenance, repair, staff training, support, security, and other costs. Goals beyond the best purchasing price fall into strategic sourcing.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

QAD

APRIL 25, 2019

Using Metrics to Measure Quality. Quality is not just an end-of-the-line process—it is a mindset that the entire organization must subscribe to. Business Process Documentation. Unless processes are fully and accurately documented, employees may not understand their roles. Design for Quality. Quality Audit Management.

Metrics 94

Metrics Quality Expense Reduction Cost Reduction Strategies 94

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 represented as a period of time that indicates how long it takes a business to turn its investments in inventory into money from customers.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Unleashed

NOVEMBER 2, 2023

Effective production scheduling can mean the difference between a happy customer and a job that was cancelled because it wasn’t completed on time. For the customer, production schedules aim to shorten lead times and improve the quality of goods produced. In this production schedule guide: What is a production schedule?

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

crisp

DECEMBER 15, 2021

It’s an incredibly exciting time to work in the supply chain. For one, it’s time consuming. That same survey showed that up to 50% of procurement teams’ time was spent looking for data. How do you know what data points are a true signal, and what’s just noise? The Power (and Pain) of Data. Step 1: Set the strategy.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Precoro

MAY 22, 2023

IT procurement tips and tricks Companies can obtain the needed information technology in a timely manner and successfully reduce risks by adhering to these steps of the IT procurement process. If so, the organization will save time and money. Gartner anticipates a 5.5% growth in global IT spending from 2022.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Unleashed

APRIL 10, 2023

From improving product quality to refining delivery times and upgrading production outputs, there are many opportunities to improve processes in manufacturing. By improving the speed of these processes and eliminating inefficient or costly practices, we can maximise productivity and profit. What is process improvement in manufacturing?

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste Reduction 52

New Horizon Supply Chain Blog

OCTOBER 21, 2022

The Association for Supply Chain Management (ASCM, formerly APICS) just announced a major update to their Supply Chain Operations Reference (SCOR) model, in what they’re calling “the most significant update since the inception of SCOR in 1996.” To foster adoption, it is accessible to anyone, not just ASCM members as in the past.

Modeling Software 52

Modeling Software Modeling Sourcing Strategies Gartner 52

Logility

OCTOBER 12, 2021

Whether your company is just starting out or has already faced criticism about its sustainability practices, you would benefit by inviting the input of your critics. Develop metrics against which supply chain stakeholders can judge their performance. You don’t have to reinvent the wheel, however.

Supply Chain Planning Software 130

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 130

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

Logility

MAY 7, 2020

We know the right information can significantly improve a company’s ability to reduce operating expenses, improve customer service and reduce the time needed to respond to market disruptions and opportunities. However, capturing the data you need is just the start of the journey. Organizations are simply overwhelmed.

Supply Chain Planning Software 195

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

RFgen

APRIL 18, 2023

To minimize misships, businesses must implement best practices that focus on optimization, technology, and employee training, ensuring accurate shipments every time. Not only does the bottom line suffer, but your warehouse teams must devote considerable time to processing returns and fixing wrong orders.

Optimization Software 52

Optimization Software Supply Chain Planning Software Inventory Management Software Supply Chain Software 52

ToolsGroup

APRIL 27, 2022

‘Blorft’ is an adjective I just made up that means ‘Completely overwhelmed but proceeding as if everything is fine and reacting to the stress with the torpor of a possum.’ Workplace stress is nothing new. Perhaps Tina Fey put it best in her wonderfully witty way, saying “I was a little excited but mostly blorft.

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

Arena Solutions

JUNE 5, 2023

Before we get started, I just have some quick housekeeping items. Today we are going to take just a second to let Christine and Bruce introduce Arena and Rimsys to you. And then we will leave time at the end for questions and answers. We have a lot of people online with us today. We’re going to cover some audit best practices.

Quality 52

Quality Supply Chain Design Software Supply Chain Planning Software Analytics Software 52

Supply Chain Shaman

JANUARY 19, 2014

Despite multimillion dollar technology projects, and tomes of strategy documents, they are stuck in their ability to overcome market factors and rising complexity to drive continuous improvement on a portfolio of metrics. I have spent the last month working with clients that are out of balance. What does that mean?

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 278

OptiProERP

MAY 18, 2023

Often, purchasing is used interchangeably with procurement, but purchasing is just one part of the procurement process, precisely the act of buying goods or services. Also Read: Learn How Procurement Automation Reduces Costs and Delivery Times. Negotiate based on value rather than just price. What Are the Types of Procurement?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Procurement Solutions 52

ivalua

JUNE 2, 2016

The article drives home what we at Directworks talk to Supply Chain and Procurement executives about every day—it is time to get your house in order because building a supply chain for the future takes time, resources and money to implement properly. Sustainability. Globalization.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

Freight Plus

MARCH 20, 2020

Come up with a set of internal metrics that will go towards eliminating problem areas. 5, Technology: Vendor Compliance Programs and the scorecards they're graded against are no longer simply about document transfer. 1, Audit, Audit, Audit: In order to avoid chargebacks, you first need to identify them by auditing your invoices.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Freight Plus

MARCH 20, 2020

Come up with a set of internal metrics that will go towards eliminating problem areas. 5, Technology: Vendor Compliance Programs and the scorecards they're graded against are no longer simply about document transfer. 1, Audit, Audit, Audit: In order to avoid chargebacks, you first need to identify them by auditing your invoices.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

DynaSys

SEPTEMBER 17, 2019

Commonly, effective supply chains are defined as having the right product, at the right time, at the right place, in the right quantities, and of the right quality. In other words, these are projects with benefits that are not visible in short-term financial metrics, but extremely important from a long-term perspective.

Waste Reduction 74

Waste Reduction Supply Chain Cost Reduction Strategies Resource Reduction 74

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] ”[3]. Room to improve.

Logistics Network Optimization Software 100

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

Supply Chain Trend

DECEMBER 22, 2023

Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. I think it is time to update the IBP belief sytem to be more reflective of current times, technology & ways of working, and create a modern IBP vision.

Supply Chain Planning Software 78

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

Supply Chain Shaman

DECEMBER 13, 2015

The information is sticky for a period of time, but then is gone. There is no system of record for data over time, and the use of a portal gives the posting company a false sense of effectively communicating. We can connect through EDI, but a document has latency and limitations for unstructured data. The gaps are large.

Manufacturing Procurement 150

Manufacturing Procurement Procurement Analytics Supply Chain Network Software Procurement Solutions 150

Talking Logistics

JANUARY 5, 2014

Usually, the focus is on improving our personal lives, such as losing weight, quitting smoking, or spending more time with our family and friends. You have to equate the value proposition to metrics the CFO understands and cares about, such as working capital, cash flow, and other items linked to the company’s P&L and balance sheet.

Logistics Network Optimization Software 177

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 177

SupplyPike

JUNE 22, 2020

Are you a supplier for Walmart who is looking for a central repository for the information, documents, reports, and special applications to manage your business with Walmart? Retail Link had a small beginning by just helping out with the inventory. More Than Just What Was Sold. Retail Link provides you all this.

Retail 58

Retail Supply Chain Planning Software Procurement Analytics Forecasting Software 58

Taulia

NOVEMBER 28, 2021

We’ve put together a list of some of the most valuable inventory management KPIs, so you can choose the ones that make sense for your business and start to get valuable information about just how well you’re managing your inventory. First, you should constantly have a handle on how much inventory your business has on hand at any one time.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Provenance

SEPTEMBER 9, 2019

To make better purchasing decisions you don’t just need information, you also need to know the integrity of that information and transparency around how and where it was created. . It’s a big, wide world out there – and there’s a lot to document and verify. . Over time, users upload farm observations via simple surveys.

Analytics Software 74

Analytics Software Sustainability Demand Planning Software Procurement Analytics 74

OptiProERP

MARCH 15, 2022

The production schedule is a versatile and important document that focuses on planning, forecasting, predicting, and meeting demands on time. It ensures raw materials, machines, and resources are available to produce finished products on time. . The production department transforms raw materials into finished goods.

Manufacturing Procurement 78

Manufacturing Procurement Optimal Sourcing Material Savings Resource Reduction 78

Zipline Logistics

FEBRUARY 9, 2021

Logistics data refers to the metrics used to track, measure, and benchmark parts of your supply chain’s performance. These key performance indicators (KPIs) are just a small sample of the immense amount of data points you can evaluate. It is critical to leverage transportation analytics to get the most out of your operation.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52