Unleashed

OCTOBER 16, 2023

Every manufacturer knows the importance of raw materials – without them, there’s no final product. Raw material inventory management oversees the procurement, handling, and storage of raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Let’s dive in.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Enterra Insights

MARCH 19, 2024

growers want to earn as much as possible from their labors and consumers want to keep food prices low). It takes real dedication to excel in the agriculture field (no pun intended). As the world population soars, there is an even greater demand for the food and fiber produced in the United States.”[3] employment.

Food 130

Food America Optimal Sourcing Manufacturing Procurement 130

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

The Logistics & Supply Chain Management Society

JULY 16, 2023

Marco Tieman , Chief Executive Officer at LBB International Background According to the 2022 State of The Global Islamic Economy Report, the global Islamic economy is an estimated USD 2 trillion industry consisting of the following key industries: halal food, modest fashion, media & recreation, travel, pharma, and cosmetics.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4 trillion industry by 2024 , consisting of not only food, but also cosmetics, pharmaceuticals, modest fashion, media & creation, and Muslim friendly travel. Three halal retailing business models can be differentiated: 1. Developments.

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I rapidly came to the conclusion that these articles were excellent at the helicopter view of the challenges, however seemed unable to apply categorisation to the challenges. Introduction.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. The focus on functional costs without a focus on total cost trade-offs is deadly to margin management. Only 29% of manufacturers easily manage total cost trade-offs. The reason? The result?

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Over the last decade the use of Terra Technology’s DS product improved short-term demand forecasts by 37% at 13 consumer products, and food and beverage companies.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

FEBRUARY 27, 2020

How do we harness the power of data with new forms of analytics? Today, technology providers are selling analytics. This week, I received this email from a financial institution questioning why business leaders are not harnessing more insights and redesigning processes based on analytics. S&OP Challenges. Reflection.

Analytics Software 243

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 243

QAD

NOVEMBER 10, 2022

It has most definitely impacted how people buy products of all types and in all industries. For example, manufacturers have had to alter business models to be able to accommodate the change in consumer behavior. However, at the same time, the technology of better data management is most definitely helping manufacturers as well.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Procurement is a business function that has undergone a lot of change in the last few years. Responsible Sourcing. Responsible Sourcing.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

Unleashed

AUGUST 29, 2023

It helps companies track and manage inventory items, customer orders, and inbound deliveries to bring costs down and improve overall efficiency. In manufacturing, inventory management software is also used to track parts, raw materials, and production documents – such as a bill of materials and work orders – through the supply chain.

Inventory Management Software 52

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

Unleashed

OCTOBER 6, 2021

Consider Vendor Managed Inventory One way to save costs in inventory is to shift the responsibility of its management to your suppliers using a VMI system. Under a VMI system the supplier, usually a manufacturer, is responsible for optimising the level of inventory held by the distributor.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

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

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 80

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 80

Vanguard Software

APRIL 2, 2021

Throughout 2020, manufacturing supply chains took a hit because of constraints around the COVID-19 pandemic. Positive momentum indicates pent-up demand since the October and November 2020 Purchasing Managers Index (PMI) was higher than any time since 2018. Local Manufacturing Will Grow. lower than those from November 2019.

Manufacturing Procurement 40

Manufacturing Procurement Supply Chain Planning Software Modeling Agile and Lean Supply Chain 40

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. MRO inventory can account for a sizeable portion of a business’ total procurement spend.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

ThroughPut

APRIL 13, 2021

Why do businesses need Capacity Planning in food supply chain management? Crisis management for crisis avoidance – capacity planning in food industry. Industries like food, beverage, and other related processing face some unique production issues. Paving a smart path for food – from warehouses to houses.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Capacity Food 52

ThroughPut

APRIL 13, 2021

Why do businesses need Capacity Planning in food supply chain management? Crisis management for crisis avoidance – capacity planning in food industry. Industries like food, beverage, and other related processing face some unique production issues. Paving a smart path for food – from warehouses to houses.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Capacity Food 52

o9 Solutions

MAY 26, 2021

In particular, the landscape is being challenged with a number of fundamental drivers: The changing consumer preferences with the move towards fresh, natural/organic/healthy, convenience foods and locally sourced products but at the same time looking for value.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

In particular, the landscape is being challenged with a number of fundamental drivers: The changing consumer preferences with the move towards fresh, natural/organic/healthy, convenience foods and locally sourced products but at the same time looking for value.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Enterra Insights

APRIL 13, 2022

Brand loyalty was tossed out the window as desperate consumers made product availability and price their motivating purchase factors. John Williamson, an Account Leader at ddm marketing + communications, suggests consumer packaged goods manufacturers should start this effort by looking at their brand strategy.[1] Enhancing CPG Brands.

Price Reduction 130

Price Reduction Waste Reduction Cost Reduction Strategies Purchasing Skills 130

o9 Solutions

JANUARY 12, 2022

a leading enterprise AI software platform provider for transforming planning and decision-making, today reported a 400%+ increase in year-over-year growth in annual recurring revenue (ARR) from new customers during Q4’21. o9 is recognized by the World Economic Forum’s 2021 New Champions Awards for Excellence in Innovation. DALLAS, Jan.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Forecasting Software Procurement Analytics 52

Vanguard Software

MAY 4, 2021

Breaking up with Excel: Digital Sales Planning Success with Concord Foods. A granular model can inform: When customers will make a purchase The different purchasing behaviors exhibited by markets in different locations The optimal price point to help maximize revenue. Webinar: Register Now. Minimize delays.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. That said, as we’ll see in the other trends in this report, COVID-19 has also been a transformational turning point.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Supply Chain Shaman

APRIL 27, 2022

Supply chain excellence is easier to say than to explain. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) The reason?

Procurement Analytics 345

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 345

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 Shaman

FEBRUARY 18, 2013

This data will be combined with the financial ratio data and published in an Open Content Research report in April on the Supply Chain Insights Community. Current State: Costs are rising. They each lag in their understanding of supply chain excellence, and are now struggling to build effective supply chain teams.

Pharmaceutical 169

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 169

Supply Chain Shaman

MARCH 15, 2016

Sadly, I find each to have a limited view of supply chain analytics. The majority of manufacturing and retail companies want better performing supply chains. The processes are largely batch, using data with great latency (orders and purchase orders). A Critical Review of the Contract Manufacturing Model.

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

Supply Chain Movement

JANUARY 6, 2016

eWorld Purchasing & Supply. 2nd Annual Global Process Improvement & Operational Excellence Summit. The Global Procurement & Supply Chain for Oil & Gas Industry. Manufacturing SC Officer Summit. Logistics & SCM, PLM, Manufacturing, and Procurement 2016. Supply Chain Analytics.

Pharmaceutical 60

Pharmaceutical Manufacturing Procurement Gartner Optimal Sourcing 60

Kinaxis

OCTOBER 25, 2017

Over the past few decades, companies have realized that the way they bring products to market – from sourcing parts and services, to manufacturing, to shipping, to distribution – isn’t just a practical necessity, but an avenue for competitive advantage.

Supply Chain Planning Software 111

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 111

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. The key to creating an effective market-driven demand plan is access to rich forecasts based on inputs from multiple sources.

Optimal Sourcing 180

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 180

Arkieva

MARCH 16, 2017

I was excited to visit Disney, but I only have two clear memories: the Mickey ears I purchased and my brother’s trying to order the most expensive item on the menu every time we ate out. An excellent example of this is Disney. But the truth is; we can enjoy Walt’s visions today because of supply chain excellence. Click To Tweet.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 60

Enterra Insights

JUNE 24, 2022

This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.” This cuts down on both inventory carrying costs and obsolete inventory, which boosts long-term profitability.” ” Concluding Thoughts.

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

Unleashed

MAY 19, 2020

Leveraging the best manufacturing Enterprise Resource Planning (ERP) software, maximising productive efficiency, and accessing management expertise early , are the strategies that will set the best apart. Don’t purchase any supply chain solution that is not Cloud or SaaS based. Be careful where you get your advice from.

Supply Chain Planning Software 98

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

Unleashed

MARCH 26, 2023

Xero’s native inventory features include: Track up to 4000 stock items Enter and review stock quantities Add items to an invoice You can use this information in conjunction with Xero’s regular accounting suite to compare different financial metrics. It only tracks finished items. Let’s dive deeper into some useful add-ons for Xero.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150