OptiProERP

JANUARY 17, 2023

Manufacturers need specific functionality to run their businesses effectively. When looking for a solution, you need to find ERP software with features that will fully optimize your business to compete and grow. Let’s examine what ERP functionality is critical for discrete manufacturers. Inventory Management.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Manufacturing Negotiating Skills 52

SYSPRO Smarter ERP

AUGUST 1, 2022

Ongoing challenges in the supply chain, such as shortages caused by increased demands and the shutting down of some factories, continue to affect manufacturing businesses even to this day. A Bill of Materials (BOM) is a comprehensive list of all the items needed to manufacture a product. However, BOM offers more value.

Optimal Sourcing 111

Optimal Sourcing Inventory Management Software Material Savings Manufacturing Procurement 111

Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

Taulia

JULY 7, 2022

Spend management is the practice of managing supplier relationships and purchasing across an organization to minimize cost and risk. Let’s look more closely at what procurement spend management is, the challenges companies may face in this area, and six steps organizations can take to boost the effectiveness of their approach.

Material Savings 52

Material Savings Purchasing Training Manufacturing Procurement Procurement Solutions 52

Arena Solutions

OCTOBER 12, 2023

If you’re a product developer, manufacturer, or part of an engineering team, you know the excitement, challenge, and profitability that come from transforming an idea into an actual product. A QMS typically aligns with your product lifecycle management (PLM) solution and your product innovation goals.

Quality 87

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 87

SCMDOJO

FEBRUARY 29, 2024

They do not relate to any overall company procurement goals and objectives. Figure 1: SPM Project Stages (Gordon Sherry R, 2008) This organization has created a Procurement Steering Committee with management participation to leverage procurement as a tool to improve business performance.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. No-code platforms are software design systems that allow both technical and non-technical professionals to execute a variety of software demands with zero lines of code.

Supply Chain Design Software 109

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Inventory Management Software 109

Unleashed

FEBRUARY 8, 2024

There are two main ways businesses can track inventory: manually, using spreadsheets and logbooks; or automated, using inventory software systems. By using inventory management software or systems, you can automate and streamline your inventory tracking processes and gain valuable insights into its performance and efficiency.

Inventory Management Software 52

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

QAD

JULY 8, 2021

One of the reasons cited for the shortage was insufficient forecast information to provide adequate planning for the 22 week lead time, which is typical of semiconductor manufacturing. Long-term planning information is critical for the lower tier suppliers to plan and purchase their materials wisely. via terms and conditions)?

Supply Chain Planning Software 87

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 87

QAD

JULY 7, 2022

Supply chain due diligence is a critical topic for manufacturers and enterprises in all industries, especially given three major impacts of recent high-profile abuse cases, new due diligence laws and consumer buying trends. . found that consumers would stop purchasing brands with ethics issues. Let’s break it down. United States.

Purchasing Skills 97

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Procurement Analytics 97

SupplyPike

APRIL 10, 2020

To stay compliant with your buyer’s OTIF or ORAD policies, you will need to make sure you cite the right reasons for PO cancellations. You’ll need to work with your buyer on revising their purchasing plans to favor high demand items. You should also look into implementing short term solutions for limited supplies. Forecasting.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

Talking Logistics

DECEMBER 11, 2015

MercuryGate extends invoicing and document management solution with HubTran integration. SAP Launches Enhanced Supply Chain Execution Software for Faster Logistics Planning. HighJump Partners with Advantage2Retail to Bring Best-of-Breed Warehousing Software to Retailers. Paragon Software Systems Introduces Route Control.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 0

Locus

DECEMBER 29, 2021

However, how successful businesses are is dependent on how well the technology is applied, the availability of proper infrastructure, culture as well as management policies. As technology becomes more sophisticated and is used to develop tech-based tools, it will handle repetitive tasks such as filing, preparing documents and indexing.

Demand Planning Software 52

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

Arena Solutions

JUNE 8, 2021

It requires effective communication among product teams so design, prototype, engineering, and manufacturing stages stay on track. The supply chain strategy—are you consigned, turnkey, hybrid, or ”appliance” manufacturing? Test specifications and other document control practices. Part numbering processes and schemes.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Resource Reduction Inventory Reduction 52

Enterra Insights

SEPTEMBER 11, 2020

Most consumers would be appalled if they knew their purchasing habits supported forced labor practices — but they probably do. MSIs are not effective tools for holding corporations accountable for abuses, protecting rights holders against human rights violations, or providing survivors and victims with access to remedy.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Software Supply Chain Strategy Supply Chain 100

CH Robinson Transportfolio

JUNE 29, 2020

China has recently implemented three key policies that relate to PPE exporting. Policy 5 requires all medical supplies to meet quality standards of the importing countries, this policy also separated out the process for medical-grade and non-medical-use devices. Metered freight solutions.

Shipping 56

Shipping Manufacturing Procurement Cost Reduction Strategies Canada 56

The Network Effect

OCTOBER 30, 2015

In earlier posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , and the all important ASN. providing all necessary paperwork such as export licenses, and documentation. verify that the quantity and quality of the goods conform with the documentation.

Automotive 100

Automotive Supply Chain Design Software Shipping Manufacturing Procurement 100

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. What steps make up the reverse logistics process?

Reverse Logistics 98

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

Gravity Supply Chain

JANUARY 19, 2023

As suggested by experts, the very first step in identifying these barriers is to understand the various components of the supply chain, which includes understanding the roles of suppliers, manufacturers, distributors, retailers, and customers.

Sourcing Strategies 52

Sourcing Strategies Supply Chain Planning Software Supply Chain Software Purchasing Skills 52

Enterra Insights

SEPTEMBER 16, 2019

In retail, buyers want to understand where the products they are purchasing are coming from and how they were created.” Transparency, on the other hand, involves moral and ethical dimensions of activities associated with sourcing and manufacturing. ” Still confused? ” Why transparency matters. Footnotes. [1]

Supply Chain Design Software 174

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 174

Precoro

JANUARY 16, 2023

Companies typically select supplementary software to help support this process. Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. In other words, it happens within the company’s defined procurement cycle.

Procurement Solutions 98

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 98

Enterra Insights

MARCH 6, 2020

And 55% believe they lack the information they need to make an educated decision about purchasing fair-labor products. (In Manufacturers in the U.S. ” Viederman notes, “Knowing where goods come from is complicated enough when dealing with manufacturing, but commodity products present another level of complexity.

Company 100

Company Manufacturing Procurement Purchasing Training Supply Chain Planning Software 100

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. According to SYSPRO Research 70% of manufacturing businesses experienced material handling and supply chain disruptions during the pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

Precoro

SEPTEMBER 2, 2022

For some businesses – usually smaller or with a single-source purchasing flow – it may be sustainable to react to the immediate needs. However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. Office supplies would be an example of indirect procurement.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. According to SYSPRO Research 70% of manufacturing businesses experienced material handling and supply chain disruptions during the pandemic.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

Talking Logistics

DECEMBER 16, 2015

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

NC State SCRC

DECEMBER 27, 2020

Based on our interviews with subject matter experts and review of the current literature on the status of Covid-19 testing, we have learned that the distribution of test kits is not a well-defined problem with an easy solution. 31M / week required).

Modeling 52

Modeling Manufacturing Procurement Supply Chain Planning Software Procurement Analytics 52

Unleashed

SEPTEMBER 17, 2019

A purchase order (PO) is a document issued from a buyer to a seller that communicates a request for procurement of goods or services. Getting your purchase orders right is important as a means of reducing overspending and helping you to monitor and manage all procurement related expenses.

Pricing Training 40

Pricing Training Manufacturing Procurement Purchasing Training Procurement Solutions 40

EMERGE App

NOVEMBER 4, 2018

Manufacturers vs Trading Companies. Manufacturers make the product themselves and will sell the goods directly to you. You will develop the business relationship directly with them and will enjoy better terms as you make more purchases. Make sure that you deal directly with manufacturers and not trading companies.

Purchasing Skills 49

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 49

Arena Solutions

JUNE 5, 2023

Christine is a Customer Success Coach with Arena and has over 30 years of experience in industrial medical aerospace, food service, and startup environments, responsible for both manufacturing and quality. Rimsys, we are one of the first RIM solutions regulatory information management solutions dedicated to the med-tech industry.

Quality 52

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

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

EMERGE App

NOVEMBER 4, 2018

Manufacturers vs Trading Companies. Manufacturers make the product themselves and will sell the goods directly to you. You will develop the business relationship directly with them and will enjoy better terms as you make more purchases. Make sure that you deal directly with manufacturers and not trading companies.

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 40

Precoro

JUNE 21, 2023

GAAP helps policy boards regulate accounting within the business environment. Accounting policies and assumptions in areas such as inventory valuation methods, depreciation methods, and criteria for estimating fair value. Such documentation provides evidence of the legitimacy and accuracy of transactions.

Procurement Analytics 98

Procurement Analytics Expense Reduction Procurement Solutions Guidelines 98

RFgen

AUGUST 14, 2017

These counterfeits featured markings normally found on legitimate parts from “approximately 35 major electronics manufacturers, including Motorola, Xilinx, and National Semiconductor.” Contractors urgently need a good process in place for researching new suppliers and an airtight purchasing system.

Aerospace 52

Aerospace Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 52

Arena Solutions

AUGUST 4, 2021

To meet these goals, many organizations rely on enterprise quality management system (QMS) software solutions to get high-quality products to market fast. Engineer and statistician William Deming successfully applied Shewhart’s methods to manufacturing during World War II. What Is a Quality Management System (QMS)?

Supply Chain Design Software 58

Supply Chain Design Software Supply Chain Planning Software Modeling Software Demand Planning Software 58

Elementum

FEBRUARY 22, 2016

Worth about US $43 billion , the all-cash bid is the biggest foreign purchase made by a Chinese company and the most expensive transaction on record in the agribusiness industry. ChemChina's takeover of Syngenta may prove to be one of the most game-changing acquisitions in recent years. Syngenta’s Troubles. China’s Food Woes.

Chemicals 60

Chemicals Purchasing Skills Biotech Switzerland 60

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52