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. You can refine as you go! DSO – Days Sales Outstanding.

Manufacturing Procurement 86

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 86

Unleashed

APRIL 21, 2024

This guide breaks down the order processing steps and definition, and then explores a few helpful strategies for improving it. This entire process can be managed manually, which can be time-consuming and inaccurate, or with order processing software , which helps minimise errors and improve customer satisfaction.

Inventory Management Software 52

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

SCMDOJO

APRIL 11, 2023

If you’re a supply chain management professional, you’re probably aware of how important it is to continuously improve your skills and knowledge in this field. Fortunately, there are numerous courses available to help you develop your expertise in supply chain management, regardless of your level of experience.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

ThroughPut

MARCH 15, 2024

Over the past few years, the relentless disruptions of the Covid-19 pandemic, natural calamities, geopolitical tensions and economic instability have exposed glaring vulnerabilities in supply chains across the globe. That said, implementing AI in your supply chain can be a daunting task.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ThroughPut

MARCH 15, 2024

Over the past few years, the relentless disruptions of the Covid-19 pandemic, natural calamities, geopolitical tensions and economic instability have exposed glaring vulnerabilities in supply chains across the globe. That said, implementing AI in your supply chain can be a daunting task.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

Supply Chain Shaman

AUGUST 11, 2016

(Included in this post is Cummins’ digital award for the 2016 Supply Chains to Admire. I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. About twice a month, companies ask me to review their strategy documents. I am on a mission.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

ToolsGroup

APRIL 27, 2022

For example, as of March 2022, 81% of Americans say the supply chain is a significant source of stress. As Tom Derry, CEO of the Institute for Supply Management, shared in PBS , “It’s been the hardest year for logistics and supply chain managers,” Pafford said. And the strategies you can add to your daily routine.

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How Does AI Work?

Manufacturing Procurement 156

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

OptiProERP

APRIL 9, 2024

Sales representatives or an automated system generates quotes based on product specifications, pricing, and terms. Integration with shipping carriers and real-time tracking systems enables transparency and accountability throughout the supply chain. Quote-to-Cash Steps 1. Below are some best practices to follow.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

SCMDOJO

APRIL 15, 2022

The first question you may probably be thinking is, why do I really need to hire a Supply Chain Consulting Firm? As a business leader or senior manager in a firm that does not typically use supply chain consulting solutions, you may wonder what additional value or experience can be offered.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Strategy Supply Chain Software Supply Chain Optimization 133

Unleashed

JANUARY 10, 2023

Supply chain planning is the key to coming out on top. Optimising your supply chain processes will give your business the best chance at thriving in a competitive landscape. In this supply chain planning guide: What is supply chain planning? And it all starts here.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

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. Sourcing strategy Next, the sourcing team creates an actual sourcing strategy.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Supply Chain Game Changer

AUGUST 30, 2021

Subscribe to Supply Chain Game Changer. They will understand more about improving processes and learn some techniques and tools they can employ in their future careers. The Strategy-Driven Supply Chain. Supply Chain Management for Dummies. Subscribe Here! Email Address.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

Locus

APRIL 13, 2023

This newly-added focus has pushed companies to invest in logistics software that helps them improve their delivery process and make it more customer-friendly. So, if your business is looking for the top logistics software companies, you’ve come to the right place. Let’s dive in!

Logistics Network Optimization Software 52

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

Unleashed

OCTOBER 31, 2023

Effective implementation of workforce optimisation strategies ensures you have the valuable workforce resources you need for the growth of your manufacturing operations. The primary goal of workforce optimisation strategies is to reduce operational costs. Both use scheduling tools. What are the goals of workforce optimisation?

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

QAD

FEBRUARY 7, 2023

Supplier relationship management falls under the larger supply chain management function your business requires to operate. Create and Maintain a Strategy The person in charge of supplier relationship management must determine a strategy for each supplier so that the relationship remains efficient.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

crisp

DECEMBER 15, 2021

At last week’s Supply Chain Summit, Crisp’s Head of Supply Chain Barry Bradley gave brands a step-by-step guide to running a data-driven operations team. It’s an incredibly exciting time to work in the supply chain. Why is data so critical in supply chain management? Step 1: Set the strategy.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Precoro

MAY 22, 2023

In today’s fast-paced corporate world, it's difficult to overstate the significant role that technology plays in the success of many organizations. Strong companies depend on a range of hardware and software solutions to support key business processes like customer service, financial management, and supply chain operations.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Turvo

DECEMBER 9, 2021

As Inbound Logistics points out, the value of integrating these systems in the supply chain and gaining complete visibility has become a significant priority for many businesses. These digital tools allow organizations to seamlessly share information and automate processes that keep supply chains running smoothly and efficiently.

Analytics Software 72

Analytics Software Supply Chain Planning Software Supply Chain Network Software Predictive Analytics Software 72

Supply Chain Trend

DECEMBER 22, 2023

We’ve entered an AI era where 76% of work can be augmented or automated. However, only 3% of companies apply automated execution and 7% autonomous end to end planning. It will describe more of a new business model/approach, adaptions to the realities of todays world, using the possibilities of todays technology.

Supply Chain Planning Software 78

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

ThroughPut

APRIL 28, 2020

What is Capacity planning software? Capacity planning software is a programmable solution that helps manufacturing organizations understand the actual production capacity needed to address fluctuating demands for its products and services. How can Capacity Planning Software help? Some of the features are as follows: 1.

Supply Chain Planning Software 52

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

ThroughPut

APRIL 28, 2020

What is Capacity planning software? Capacity planning software is a programmable solution that helps manufacturing organizations understand the actual production capacity needed to address fluctuating demands for its products and services. How can Capacity Planning Software help? Some of the features are as follows: 1.

Supply Chain Planning Software 52

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

ThroughPut

APRIL 28, 2020

What is Capacity planning software? Capacity planning software is a programmable solution that helps manufacturing organizations understand the actual production capacity needed to address fluctuating demands for its products and services. How can Capacity Planning Software help? . Some of the features are as follows: 1.

Supply Chain Planning Software 52

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

ivalua

AUGUST 16, 2021

They are integral partners that require management to reduce supplier risk, improve supplier performance, and foster supplier collaboration across the entire supply chain and throughout the complete supplier lifecycle. . Improve visibility across all levels of the supply chain. Evaluate and manage supplier performance.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software 130

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. Therefore, investing in a strategy to prevent misships pays for itself—and more. Prevention can be a powerful tool in your supply chain toolbelt.

Optimization Software 52

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

Logility

APRIL 3, 2018

In almost every new supply chain focused industry periodical, you will find an article discussing transformation or digitization. As a supply chain practitioner it is critical to understand what digital supply chain planning looks like and how to ensure your supply chain is on the right transformational path.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 100

QAD

AUGUST 31, 2023

We are living in a time of huge technological change with increasingly uncertain, unpredictable and challenging market conditions. The supply chain has seen major disruptions, the labour market is incredibly demanding and the number of regulations and tariffs continues to grow.

Resource Reduction 97

Resource Reduction Waste Reduction Material Savings Cost Reduction Strategies 97

Unleashed

NOVEMBER 2, 2023

It is the process of determining future demand for products, how those products will be manufactured to meet that demand, and the manufacturing metrics that will measure success. A production schedule is a document that tells manufacturers which goods need to be produced, when they need to be produced, and the production methods.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

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

3PL Insights

OCTOBER 24, 2017

Amazon is on the forefront of automation in the warehouse , currently using 45,000 Kiva Robots, after purchasing the company Kiva Systems in 2012 (they’re now renamed “Amazon robots”). The information received can be checked for accuracy with the company’s inventory software. This allows for inventory to be viewed in “real time.”.

Warehousing 112

Warehousing Inventory Reduction Predictive Analytics Software Supply Chain Software 112

Supply Chain Shaman

AUGUST 21, 2015

The technology market is rife with unsubstantiated claims and myths. Each year, I publish a report analyzing the technologies in the S&OP space. I sent the report to technology vendors listed in the appendix with a deadline for feedback on factual accuracy for 5:00 PM EST on Wednesday. New technology is evolving.

S&OP 150

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

Exiger Perspectives

APRIL 3, 2023

Why a Supply Chain Risk Management Framework is Needed A supply chain risk management framework is critical for risk identification and effective management of the inherent and imposed risks in today’s business environment. In this article, we will review why a supply chain risk management framework is needed.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

Arena Solutions

OCTOBER 12, 2023

Many companies within aerospace and defense , electric vehicle (EV) technology , medical devices , biotechnology , and clean tech sectors are seeing lucrative business opportunities to compete in the market. Christine said, “I have used internal audits as the baseline to improve our overall business metrics. billion to $855.62

Quality 89

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 89

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Market shifts are among the main reasons for unfavorable price variance.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Supply Chain Shaman

AUGUST 11, 2014

Over the course of the last two years, we at Supply Chain Insight s have worked on a methodology to gauge supply chain improvement. We named it the Supply Chain Index. We have found that supply chain metrics are gnarly and complicated.During Background on the Supply Chain Index.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218