Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Pushing the Supply Chain Reset Button by Lora Cecere , Founder, Supply Chain Insights Supply Chain Leaders Can’t Afford to Guess About the Future The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. These core assumptions are no longer true.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Supply Chain Shaman

JANUARY 31, 2022

Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. Lucas had a team that dictated sourcing based on excel spreadsheet analysis to reduce cost and improve tax efficiency. In addition, Lucas used inventory as a slush fund to make quarterly earnings. Less Collaborative.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Supply Chain Shaman

FEBRUARY 7, 2022

Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. Lucas had a team that dictated sourcing based on excel spreadsheet analysis to reduce cost and improve tax efficiency. In addition, Lucas used inventory as a slush fund to make quarterly earnings. Less Collaborative.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

Supply Chain Shaman

NOVEMBER 6, 2016

The third issue is the lack of understanding that global processes–to maximize the economies of scale in transportation and material buying–need strong governance. When it comes to governance, there is no one-size-fits-all, but in the absence of the definition of governance, nothing works very well.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Scenario Planning 150

Unleashed

JULY 25, 2021

Let’s look at how smart food businesses can reduce their waste – and how the right food manufacturing software helps them do it. How can food and beverage manufacturers reduce their waste? The following five strategies can help food and beverage manufacturers to manage and reduce their food waste: 1. Commercial composting.

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. These functions include procurement, production planning, inventory management, logistics, and customer service.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Enterra Insights

OCTOBER 26, 2022

From supporting cutting-edge cancer research to helping businesses track their inventory, machine learning and AI offer the ability to disrupt and enhance our existing processes in virtually every segment of society.”[1]. ”[1]. If you think their rhetoric is hyperbolic, think again. Tech journalist Christian Rigg agrees with Wang.

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

Enterra Insights

MARCH 9, 2021

” If manufacturers didn’t believe that truism before, they certainly believe now it — thanks to 2020. ” If manufacturers didn’t believe that truism before, they certainly believe now it — thanks to 2020. “Pilots were fruitful enough to convince manufacturers about the importance of data. .

Supply Chain Planning Software 130

Supply Chain Planning Software Industrial Industry Supply Chain Design Software 130

SCMDOJO

JUNE 21, 2023

SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. A value network governed and defined by customer segmentation and a clear understanding of what drives value for the customer.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Shaman

MAY 1, 2014

As hospitals adopted consignment planning programs, inventory progress slowed. The turns are the lowest of any industry, and despite investments in technologies and processes, inventory turns have only improved 3%, and Cash-T0-Cash (C2C) cycles have declined 4%. This precipitous drop in margin hurts. Companies are feeling pain.

Supply Chain Planning Software 289

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 289

Supply Chain Shaman

MARCH 3, 2018

Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. Instead, companies need to build it into digital process redefinition like digital path-to-purchase, digital procurement, digital agriculture, digital manufacturing or digital service.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

QAD

MARCH 14, 2024

Episode #48: Lean Manufacturing | Thriving or Dying in Today’s Automotive Supply Chain What does Lean mean to you? Beth also shares pragmatic advice on setting up successful Kanban systems and leveraging inventory management as a diagnostic tool. Click here to listen to the full episode. We want you as a partner.

Agile and Lean Supply Chain 79

Agile and Lean Supply Chain Supply Chain Software Vendor Strategies Supply Chain Strategy 79

RFgen

MARCH 6, 2017

Poorly managed stocks of inventory can devastate a company’s bottom line. Do you know how much inventory you have, whether it’s in your office, warehouse or in the field? Inventory management is a top business process that, if not tracked correctly, can irreversibly damage companies. You should. It’s Costly.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Inventory Procurement Solutions 52

RFgen

MARCH 6, 2017

Poorly managed stocks of inventory can devastate a company’s bottom line. Do you know how much inventory you have, whether it’s in your office, warehouse or in the field? Inventory management is a top business process that, if not tracked correctly, can irreversibly damage companies. You should. It’s Costly.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Inventory Procurement Solutions 52

GlobalTranz

FEBRUARY 25, 2015

Editor’s Note: This is our second post in a collaborative blog post series about mobility in manufacturing & logistics along with Catavolt, who helps manufacturing organizations drive operational excellence with mobile apps. What is “The Internet of Things” Impact on Manufacturing & Logistics?

Internet of things 120

Internet of things Manufacturing Procurement Logistics Network Optimization Software Supply Chain Network Software 120

Oracle SCM

JULY 12, 2017

Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. They prioritized projects that reduced inventory and logistics expenses. Strategy 3: Optimize product designs and product management for supply, manufacturing, and sustainability to accelerate profitable innovation.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. No-code platforms allow for the creation of excellent applications and services by simply dragging and dropping components. Governance And Security Concerns. Techcrunch.

Supply Chain Design Software 109

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

Supply Chain Game Changer

AUGUST 3, 2021

There are many reasons for this lack of due consideration: Many Supply Chain operations, like manufacturing, purchasing, warehousing, and logistics are hands on, blue collar type jobs. Inventory levels and Accounts Payable can be huge consumers of cash unless your Supply Chain is efficient. Supply Chain. Risk management is real.

Supply Chain Strategy 119

Supply Chain Strategy Supply Chain Design Software Sourcing Strategies Supply Chain Design 119

Vinculum

DECEMBER 23, 2020

Distribution can be defined as an essential service that makes merchandise available for purchase by allocating it through a given market. Government regulation. With the sheer volume of inventory they possess, the distributors are constantly challenged to deliver products efficiently and quickly. Reducing logistics expenses.

Indonesia 52

Indonesia Distribution Expense Reduction Supply Chain Software 52

Elementum

FEBRUARY 7, 2024

Especially transformative in manufacturing for predictive maintenance and in supply chain for efficiency, IoT’s real-time data feed enables proactive operational adjustments. This reduces the risk of overstocking or stockouts, ensuring inventory is managed with unprecedented accuracy and efficiency.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. These are three examples: Rule 3.1:

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Requis

MAY 22, 2020

In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper. Years ago, I knew that information sharing and the whole supplier-purchaser relationship is one of the most important things in supply chain (I talked about it in Introduction to Supply Chain Management in 1999).

Data 52

Data Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain 52

Supply Chain Matters

JUNE 21, 2022

It is important to note that this is primarily an industry generated report from that of government generated. As inventory-to-sales ratios dropped to near record lows, inter-modal logistics networks were forced to try to manage and synchronize essentially just-in-time material movements which were out of sync in many important dimensions.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Supply Chain Shaman

OCTOBER 8, 2017

If we look back at history, 70% of companies implemented Vendor Managed Inventory (VMI), however two-decades later only 1% of companies use VMI processes to drive a better demand signal. I also worked in manufacturing during the period of 1978-1992 trying to plan demand. Inventory strategies and processes to absorb the error.

Supply and Demand 156

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 156

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

It’s no secret that manufacturing companies around the world are rethinking their supply chain strategies. Many operations turned to lean manufacturing to take any inventory out of their pipelines that could put their supply chain on the line. Australian reshoring strategies for advanced manufacturing .

Manufacturing Procurement 105

Manufacturing Procurement Manufacturing Supply Chain Planning Software Sourcing Strategies 105

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. These contracts include the overall aircraft contract from the governments for military and subcontracts for commercial (civil) aircraft systems originating from public/private companies. Mitigation.

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

Synovos

MARCH 11, 2024

The Benefits of Outsourcing MRO Integrated Supply Chain for Food Manufacturers When RS Integrated Supply first started managing Maintenance, Repair and Operations (MRO) for one US food manufacturer, the client was a fledgling company. “I Food production is, however, different to other areas of manufacturing in crucial ways.

Manufacturing Procurement 52

Manufacturing Procurement Food Manufacturing Material Savings 52

Supply Chain Shaman

DECEMBER 30, 2021

” I do not believe in big government and I hate politics. Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free). There is not a one-to-one relationship between a container and a purchase order. Break your dependency on Excel Spreadsheets.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

Unleashed

APRIL 4, 2022

Here we home in on different ways to do this – from pen & paper to inventory management software – and outline key features that will improve your stock management. You can periodically count items, or make a note every time inventory comes in and stock goes out. So what’s the best way of keeping record of stock?

Inventory Management Software 98

Inventory Management Software Demand Planning Software Forecasting Software Procurement Solutions 98

Unleashed

APRIL 3, 2023

If you’re currently managing your accounts through QuickBooks, it makes sense to look for an inventory management tool that complements your accounting system. While QuickBooks offers some inventory functionality, it might not have all the solutions you require.

Inventory Management Software 52

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

Arkieva

JANUARY 6, 2017

The ABCDs of an Excellent Supply Chain. In this 2-part Supply chain strategy post , the Managing Director at Solventure – Bram Desmet, discusses the key elements of an excellent supply chain. So, as I sit down to write this blog, I wonder what are some of the things that make supply chains excellent? Please subscribe here.

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

Supply Chain Game Changer

NOVEMBER 16, 2022

Digital procurement practices are a significant factor in achieving company excellence. Direct purchase requests from employees are possible with varying levels of auto-approval. For example, inventory management can be more straightforward; a vendor’s performance can be assessed in minutes rather than days. Cost Saving.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Elementum

FEBRUARY 7, 2024

Improving Business Operations with Digital Processes At the heart of operational excellence is the ability to optimize workflows through digital process automation. Inventory Management: AI and ML bring precision to inventory control, automating reorder processes and warehouse organization, ensuring optimal stock levels and reducing waste.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78