GlobalTranz

JANUARY 8, 2016

We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence?

Manufacturing Procurement 120

Manufacturing Procurement Eliminating Excel in Purchasing Supply Chain Planning Software Manufacturing 120

Supply Chain Matters

OCTOBER 4, 2022

Supply Chain Matters provides our monthly highlights commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Now, with September and full Q3 reporting available, global manufacturing activity has officially fallen below the 50.0 Global Wide Production Activity. represented a 0.5

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 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. Poor inventory management and lack of full inventory visibility, including inventory held by next tier suppliers.

Supply Chain Planning Software 89

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 89

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. A good returns policy is crucial for ensuring a smooth customer experience. Let’s break this down into simple steps.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Synovos

NOVEMBER 10, 2023

The objective of the EcoVadis methodology is to measure the quality of a company’s sustainability management system through its policies, actions, and results. Of particular note is the progress made by our People and Ethics teams to further improve our policies, performance, and disclosure in the area of labor and human rights. “We

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Groups Optimal Sourcing Manufacturing Procurement 105

QAD

MAY 12, 2022

Sustainability has become both a strategic and operational objective for manufacturers globally. Although Tim Cook is best known as the Chief Executive Officer of Apple, he also stands high in the ranks of people dedicated to environmental preservation and the drive to manufacturing sustainability. Who is Tim Cook?

Sustainability 95

Sustainability Alabama Inventory Reduction Cost Reduction Strategies 95

20Cube Logistics

JANUARY 27, 2022

This growth is accredited to the economic expansion and policy changes in countries like India. However, despite becoming the latest epicenter for sourcing and manufacturing activities, economic growth in certain countries is expected to slow down this year due to various reasons. International Travel Policies. Disinflation.

Manufacturing Procurement 83

Manufacturing Procurement Asia Currency Policies 83

IQMS

MARCH 27, 2020

The COVID-19 pandemic has pushed manufacturers to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supply chains. In the process, it has highlighted an aspect of manufacturing ERP that is not as visible in more normal times— business continuity.

Manufacturing Procurement 64

Manufacturing Procurement Manufacturing Supply Chain Planning Software Demand Planning Software 64

Adexa

AUGUST 30, 2023

For example, extra inventory is kept in case an unexpected order from a high priority customer arrives. Without that inventory, your response would be very limited or perhaps none at all. That is, the right policies to be deployed. An example of the latter would be what inventory safety levels should be deployed.

Expense Reduction 52

Expense Reduction Inventory Reduction Agile and Lean Supply Chain S&OP 52

The Network Effect

JANUARY 11, 2016

In earlier posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , the all important ASN , and international shipping. Note: This is the last in a series of posts on new developments within the automobile supply chain, with examples of best practices.

Automotive 100

Automotive Supply Chain Planning Software Supply Chain Network Software Modeling Software 100

Supply Chain Matters

JULY 25, 2022

Our belief was that the year 2021 provided companies as well as government policy makers considerable painful evidence to the inherent vulnerabilities of globally extended and highly complex supply chains and of the needs among businesses to be able to better respond to major product demand and supply shocks.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. With the downturn in the financial markets, the looming recession, and the fundamental shifts in demand—less travel and stay at home work policies—demand is changing. Presentations are hand-picked.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

Logility

AUGUST 28, 2018

Planned obsolescence , or built-in obsolescence, is a policy of planning or designing a product with an artificially limited useful life, so it will become obsolete after a certain period of time. To some extent durable goods manufacturers can predict aggregate demand based on the average useful life for their products.

Supply Chain Planning Software 100

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

QAD

JUNE 8, 2021

The Guardian stated : “The technology industry faces a growing shortage of semiconductors and other high-tech components following a failure to invest in new manufacturing facilities during the recession, experts have warned.” Lack of or ineffective periodic review of supplier assessments against customer requirements/policies.

Supply Chain Software 97

Supply Chain Software Automotive Demand Planning Software Forecasting Software 97

Logility

AUGUST 28, 2018

Planned obsolescence , or built-in obsolescence, is a policy of planning or designing a product with an artificially limited useful life, so it will become obsolete after a certain period of time. To some extent durable goods manufacturers can predict aggregate demand based on the average useful life for their products.

Supply Chain Planning Software 100

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

SYSPRO Smarter ERP

MARCH 2, 2022

This means that the past practice of just-in-time inventory management will need to be more flexible and allow a just-in-case approach. Just-in-case involves holding more inventory so that sales are not lost due to inventory being unavailable. Risk management. The supplier relationship can also be improved with technology.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

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

Supply Chain Matters

SEPTEMBER 9, 2022

China Based Manufacturers Remain Impacted by Extended Population Lockdowns. Predictions provided by Samsung Electronics , given this provider’s broad strategic supply networks presence in high-tech, consumer electronics, telecommunications and increasingly automotive supply networks. TSMC ’s biggest market by revenue is the U.S.,

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Planning Supply Chain Software 52

Supply Chain Matters

JANUARY 10, 2023

A China Plus sourcing stance has become ever more important as is longer-term alignment to government induced supply chain policies and legislation initiatives for deemed critical materials. Bloomberg reported in November 2022 that shipments of motor vehicles, computer parts and boats, manufactured in Mexico and destined for U.S.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Supply Chain Matters

APRIL 25, 2024

billion, a reflection of increased price discounting and a building inventory of unsold vehicles. In the latter category, global vehicle inventory expressed in days of supply was reported as 28 days, compared to 15 days in the year-earlier quarter. Financial headlines included quarterly total revenue declining 9 percent to $21.3

Price Reduction 52

Price Reduction Cost Reduction Strategies Expense Reduction Inventory Reduction 52

EMERGE App

AUGUST 5, 2018

What is Inventory Management? Inventory management, in a nutshell, describes your efforts to manage, assess and report on the flow of your stock of goods. You might be using pencil-and-paper, spreadsheets or sophisticated inventory management software to do this. Two Essential Features of Inventory Management Today.

Inventory Management Software 45

Inventory Management Software Inventory Management Inventory Reduction Inventory 45

The Network Effect

AUGUST 25, 2014

As a result, when tragedy strikes like an earthquake affecting Japan or flooding rains overwhelming Bangkok, automakers and electronics manufacturers are unable to identify which of the suppliers upstream in their value chain may have been impacted.

Supply Chain Design Software 205

Supply Chain Design Software Supply Chain Design Manufacturing Procurement Supply Chain Strategy 205

Supply Chain Shaman

AUGUST 14, 2016

The focus is on channel data: price; inventory positions; and policies. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. Order Policy.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

RFgen

JULY 23, 2014

The manufacturing renaissance currently underway in the U.S. is due in large part to the nation’s robust information technology and software that helps factories achieve more accurate inventory management and data visibility. What Should Manufacturers Look for in a Data Collection Software Solution? .

Manufacturing Procurement 52

Manufacturing Procurement Inventory Management Software Supply Chain Software Manufacturing 52

RFgen

JULY 23, 2014

The manufacturing renaissance currently underway in the U.S. is due in large part to the nation’s robust information technology and software that helps factories achieve more accurate inventory management and data visibility. What Should Manufacturers Look for in a Data Collection Software Solution? .

Manufacturing Procurement 52

Manufacturing Procurement Inventory Management Software Supply Chain Software Manufacturing 52

Precoro

AUGUST 14, 2023

Procurement managers don't just handle direct spending , such as raw materials or goods and services directly associated with manufacturing the company's final product. These teams not only request items but also help procurement managers implement specialized software (IT), plan budgets (finance), and manage inventory (operations).

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

Supply Chain Matters

JULY 19, 2023

Unemployment levels among the country’s youth within ages ranging from 16 to 24 reportedly exceed 20 percent while at the same time, manufacturers reportedly indicate that they cannot find adequate workers. Generally muted global product demand levels and inventory overhang have not helped to spur growth of the country’s manufacturing sector.

China 52

China Manufacturing Procurement Supply Chain Strategy Cost Reduction Strategies 52

Operations and Supply Chain Management

FEBRUARY 28, 2024

Last year, I attended a three-day conference in Las Vegas conducted by the Reverse Logistics Association, a trade group whose members deal with product returns, unsold inventories and other capitalist jetsam. Most online shoppers assume that items they return go back into regular inventory, to be sold again at full price.

Reverse Logistics 75

Reverse Logistics Purchasing Skills Logistics Network Optimization Software Eliminating Excel in Purchasing 75

ivalua

SEPTEMBER 28, 2020

So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’. Suddenly, every supplier from the ‘Poolman’ to the global manufacturer is truly digital, and with this the PO-flip becomes a dead-duck in most countries.

Supply Chain Software 237

Supply Chain Software Manufacturing Procurement Procurement Solutions Supply Chain Network Software 237

RFgen

AUGUST 14, 2017

If counterfeit electronic parts make it through the supply chain and into a mission-critical military asset, the potential for a worst-case scenario increases. These counterfeits featured markings normally found on legitimate parts from “approximately 35 major electronics manufacturers, including Motorola, Xilinx, and National Semiconductor.”

Aerospace 52

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

The Logistics & Supply Chain Management Society

JULY 16, 2023

Geopolitical changes encompass alterations in international relations, trade policies, tariffs, or regulations. These technologies have the potential to automate processes, improve forecasting accuracy, optimize inventory management, and enhance decision-making capabilities. Another notable example is the technology sector.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

ShipBob

AUGUST 9, 2021

A sustainable supply chain refers to the effort(s) made in planning and executing policies, processes, materials, and technologies across all logistics operations that are geared towards making a more positive impact environmentally, socially, and economically. . Discover how to find the best mutual fit for your business. Download the Guide.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Sustainability Waste Reduction 52

The Network Effect

NOVEMBER 14, 2014

Today I want to explore how automobile suppliers are improving their operations via inventory replenishment policies. Effective inventory replenishment policies in use today include the 830/862 converted to a delivery release, KanBan, Min/Max, and Sequencing.

Inventory Reduction 185

Inventory Reduction Policies Automotive Supply Chain Design Software 185

Unleashed

MARCH 16, 2021

Ordering, managing stock and inventory. Creating procurement policies and procedures. Contract renewals occur automatically without a review policy in place. By maintaining stock security of the products you require for your business, you will be able to minimise risk when it comes to manufacturing and/or delivery to customers.

Purchasing Skills 59

Purchasing Skills Manufacturing Procurement Procurement Solutions Procurement Analytics 59

MIT Supply Chain

MARCH 15, 2021

The global shortage of semiconductor chips that is disrupting supply chains in the automotive and consumer electronics industries is forcing chipmakers to decide which customers’ orders to fulfill when product is in short supply. Companies need to think about how they are going to address this challenge. limit two cartons of eggs”).

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Material Savings Supply and Demand 52

BlueYonder

JUNE 23, 2015

Ready or not, manufacturers are being pulled into the Omni-channel world by the evolving needs and strategies of the retailers they serve. All this is changing retailers’ thinking about a range of issues from inventory policies to fulfillment. All these put extra information and fulfillment burdens on the manufacturer.

Inventory Reduction 40

Inventory Reduction Manufacturing Procurement Price Reduction Cost Reduction Strategies 40

RFgen

AUGUST 24, 2015

According to a recent Nielsen survey, 55% of online consumers said they would pay more for products provided by businesses with eco-friendly policies. When manufacturers implement green materials or retailers reroute shipping to reduce fuel usage, they advertise their new practices. Modern consumers want to work with green companies.

Supply Chain Software 52

Supply Chain Software Waste Reduction Inventory Reduction Warehousing 52