Logistics Viewpoints

DECEMBER 5, 2022

But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. Those industries include data communications, medical, industrial, automotive and consumer electronics.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Arena Solutions

MARCH 5, 2024

Data Integration: The Ultimate Challenge In today’s rapidly evolving world, effective collaboration between engineering, sourcing, and the supply chain is paramount, particularly when it comes to managing costs and mitigating risks in the electronics industry.

Sourcing Strategies 83

Sourcing Strategies Analytics Software Analytics Supply Chain Design Software 83

ThroughPut

JANUARY 2, 2024

This approach hinges on the manufacturer’s ability to forecast demand precisely, ensuring materials are delivered at the precise moment they are required on the production floor. It’s akin to a precision dance that demands exact forecasting, seamless supplier communication, and an intimate knowledge of the manufacturing process.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Unleashed

FEBRUARY 14, 2024

Common examples of finished goods inventory include: Fast-moving consumer goods Electronics Clothing Healthcare products Homeware Vehicles Retailers will typically refer to finished goods as merchandise inventory. Both options have advantages and disadvantages in terms of cost, quality, availability, and environmental impact.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

QAD

FEBRUARY 25, 2020

Lean Manufacturing is a business model and approach that emphasizes the elimination of non-value added activities while producing quality products on time and with greater efficiency. From food and beverages to electronics and other products, there is an increasing demand for transparency across the entire value chain.

Waste Reduction 145

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 145

Supply Chain Opz

JUNE 1, 2014

Basic Concept Many companies use the word "supply chain planner" to describe an entry level job dealing with the demand forecasting and material scheduling. 2) Route planner can''t take a day off : if you''re still doing the vehicle routing manually, you''ll notice that the quality of the route is not very good.

Supply Chain Planning Software 264

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Forecasting Software 264

Supply Chain Game Changer

NOVEMBER 3, 2022

For instance, electronic data interchange (EDI) enables seamless communication between your company and your partners using electronic forms. This tool allows you to exchange electronic documents like orders, invoices, and shipping notices via an electronic data network (EDN). Key Takeaway.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

Logility

MAY 25, 2023

Many companies prioritize forecasting and inventory management but often neglect the efficiency of the stock that’s on hand. Inventory management encompasses inventory control and includes other activities like supplier management, order fulfillment, and demand forecasting. This is where inventory control techniques come in.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

QAD

JANUARY 19, 2023

Supply chain management software helps to forecast demand and plan ahead through data and analytics. This component includes conception, design, materials, manufacturing, quality testing, and packaging. A modern, agile industrial manufacturer must be responsive and able to deliver with quality and timeliness.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

QAD

JUNE 8, 2021

While the automotive industry was shutting down, other industry sectors, such as consumer electronics were ramping up due to the stay-at-home orders. Looking at these MMOG/LE recommendations, as an industry we surely should have known that electronics can have a lead time of 22 weeks or more. In addition to 6.2.1.7,

Supply Chain Software 97

Supply Chain Software Automotive Demand Planning Software Forecasting Software 97

Supply Chain Opz

JUNE 1, 2014

Basic Concept Many companies use the word "supply chain planner" to describe an entry level job dealing with the demand forecasting and material scheduling. 2) Route planner can''t take a day off : if you''re still doing the vehicle routing manually, you''ll notice that the quality of the route is not very good.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Forecasting Software 228

Locus Robotics

JANUARY 2, 2024

When we talk about digitalization we refer to the implementation of logistics solutions capable of integrating software and hardware, warehouse management systems (WMS), track and trace systems, supply chain automation, electronic data interchange (EDI), and other digital solutions.

Demand Planning Software 52

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

Locus Robotics

JANUARY 2, 2024

When we talk about digitalization we refer to the implementation of logistics solutions capable of integrating software and hardware, warehouse management systems (WMS), track and trace systems, supply chain automation, electronic data interchange (EDI), and other digital solutions.

Demand Planning Software 52

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

Supply Chain Matters

SEPTEMBER 23, 2022

With the semiconductor demand and supply imbalance forecasted to extend into 2023, automakers are forced to make decisions as to which models are to be prioritized to compensate for limited supply. Jonathan Jennings, Vice President, Supply Chain , was assigned additional responsibility for supplier technical assistance and quality.

Cost Reduction Strategies 59

Cost Reduction Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Planning Software 59

Unleashed

NOVEMBER 15, 2021

Consumer electronics is one of the major sectors driving this push. As manufacturers in some sectors – like consumer electronics and fashion – provide this service, customers expect it more in other areas. You must be able to forecast demand as accurately as possible. This will allow for faster stock turnaround.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Forecasting Software 98

Supply Chain Shaman

APRIL 7, 2016

Segment customers and suppliers against the business strategy and digitize–electronic definition of the relationships and record exchange–based on the segmentation activity. Tease out the future of your supply chain by examining how the electrons and molecules are shifting. 2) Market-Driven Forecasting.

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

E2open

NOVEMBER 30, 2017

All you need to start sensing demand are three inputs – your demand planning forecast, orders, and shipments.Conveniently, these all reside in your internal systems. More than three-quarters of demand sensing implementations use just use these three internal signals and on average they achieve a 40% reduction in forecast error.

Supply and Demand 60

Supply and Demand Demand Planning Software Modeling Forecasting 60

Kinaxis

DECEMBER 21, 2016

Wrangling demand signal information from independent toy manufacturers, clothing creators and electronics giants – whose interests don’t always match your own – is easier said than done. And basing your sales forecasts on their word combined only with your historical data could leave you out in the cold. Spend analytics.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Forecasting Software 100

RFgen

MAY 26, 2023

Certain products, like food or sensitive electronics, risk expiration or obsolescence. 5 Ways to Reduce an Outsized Inventory READ NOW » The Art of Balancing Inventory: Stockouts vs. Accurate Demand Forecasting One of the most effective strategies for avoiding stockouts and overstocking is to accurately forecast customer demand.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Material Savings Cost Reduction Strategies 52

Logistics Viewpoints

MARCH 20, 2023

o9 Solutions’ clients also have access to their partner PredictHQ’s event data, which drives improved forecasting. Companies in an industry need to collaborate more effectively to accelerate the ability to plan based on high quality ESG data. There are vendors that supply this data. The post Why is o9 Solutions Growing So Fast?

Supply Chain Planning Software 209

Supply Chain Planning Software Modeling Software Procurement Solutions Demand Planning Software 209

QAD

SEPTEMBER 22, 2021

High Tech & Electronics. Initially, the motivation was optimizing their financial and accounting operations, but eventually management and IT teams also wanted one source of truth to support company-wide processes, like sales forecasting and planning, maintenance planning, quality management and fixed asset management.

Case Study 52

Case Study Study Optimal Sourcing Supply Chain Planning Software 52

IQMS

FEBRUARY 12, 2021

Bottom Line: It’s in the striving to always keep improving process and product quality based on insights from their Manufacturing Execution Systems (MES) that helps manufacturers become stronger and more responsive to customers in tough times.

Manufacturing 65

Manufacturing Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 65

QAD

MARCH 16, 2022

Supply chain planning software will provide the most accuracy, since it allows for aggregated demand forecasting, calculating work center capacity by production time, identifying bottlenecks, planning “what if” scenarios, master scheduling and more. Electronics and Tech Devices. Step 2: Develop a Strong Demand Plan. Automotive.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Capacity Scenario Planning 52

SYSPRO Smarter ERP

OCTOBER 4, 2021

During the pandemic ERP kept industries in operation with its ability to sustain business operations through remote access to data, automated reporting, electronic data exchange, and real-time factory controls. Use ERP to improve operations and efficiency.

Manufacturing Procurement 119

Manufacturing Procurement Distribution Sourcing Strategies Manufacturing 119

SCMDOJO

AUGUST 4, 2023

For instance, through the implementation of Electronic Data Interchange (EDI), a business can reduce its needed cycle stock by $5 million. By having a leaner inventory, you can better forecast demand and ensure that you have enough stock to meet customer needs without overstocking.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

Arena Solutions

APRIL 4, 2023

The engineering/manufacturing sector has a captivating attraction as a lucrative field for starting a career, thanks to technological developments and the exciting possibilities of working in industries like medical devices, electric vehicles (EV), aerospace and defense, consumer electronics, and biotechnology on cutting-edge products.

Manufacturing Procurement 73

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 73

IQMS

MAY 27, 2020

While they have minimal staff at their administrative headquarters, manufacturing operations are nearly fully staffed with the personnel necessary to produce orders – supervision, production and quality assurance.

Supply Chain Planning Software 58

Supply Chain Planning Software Manufacturing Forecasting Software Demand Planning Software 58

Logility

AUGUST 28, 2018

Only an extremely efficient and resilient supply chain can deliver high-quality, differentiated products at the cost and service levels consumers expect. This variety, complexity and variability makes it harder to accurately forecast demand, leading to more just-in-case inventory. Supply Chain Talent Shortage.

Supply Chain Planning Software 100

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

Logility

AUGUST 28, 2018

Only an extremely efficient and resilient supply chain can deliver high-quality, differentiated products at the cost and service levels consumers expect. This variety, complexity and variability makes it harder to accurately forecast demand, leading to more just-in-case inventory. Supply Chain Talent Shortage.

Supply Chain Planning Software 100

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

Supply Chain Matters

AUGUST 17, 2022

Foxconn and Asia Market Forecasters Provide Muted Outlook on High Tech Product Demand. American Airlines was the recipient of the first resumed delivery after the aircraft producer made a series of process changes to assure the FAA that the aircraft met certification and aircraft quality standards.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Negotiating Skills Supply Chain Design 52

Supply Chain Shaman

AUGUST 14, 2016

It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. They are the most prevalent in the consumer electronics industry. Advanced companies are building cross-functional teams to use unstructured data to analyze warranty, quality and service failures. Social Listening.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Enterra Insights

APRIL 13, 2023

And sales of big-ticket items like jewelry and electronics have weakened. Those principles include: • Using sophisticated forecasting and replenishment algorithms. In an omnichannel environment, “keeping costs low while still meeting customer expectations for speed and quality of service [is essential].

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

SYSPRO Smarter ERP

DECEMBER 13, 2021

The just-in-time inventory management approach focused on using capital more efficiently but relied on accurate demand forecasting and supplier reliability. Supplier communication can be digitized via a portal so that suppliers can electronically track and update the status of orders and delivery schedules.

Inventory Management Software 122

Inventory Management Software Inventory Management Inventory Reduction Sourcing Strategies 122

Logility

SEPTEMBER 7, 2021

All businesses need to manage the product life cycle effectively if they want to be successful, but this is especially important for companies that deal with consumer packaged goods (CPG) products, such as clothing, cosmetics, electronics, and seasonal items. Developing a Minimum Viable Product. Improving the Customer Experience.

Packaging 130

Packaging Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software 130

Unleashed

JUNE 1, 2023

Perpetual inventory systems begin with a physical inventory count that is then recorded electronically. The data from your perpetual inventory system can then be used to forecast sales trends and calculate reorder points. Accurate demand forecasting. Real-time perpetual inventory systems simplify demand forecasting.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Optimization Software 52

Supply Chain Game Changer

MAY 1, 2019

Large-scale adoption of AI solutions is set to make a revolutionary impact on supply chains: Intelligent forecasts. Although AI-based demand forecasting is still in the early stages, smart algorithms tend to display a 6.4% Route & freight cost optimization. Identifying the Barriers to Digital Transformation in Logistics.

Predictive Analytics Software 98

Predictive Analytics Software Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software 98

Unleashed

DECEMBER 12, 2023

Poor BOM management leads to stockouts and overstocking, both of which can impact your ability to achieve cost-effective production and put the overall quality and success of the products you’re manufacturing at risk. Quality assurance: A comprehensive BOM includes specifications for each component. What is BOM management?

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52