SYSPRO Smarter ERP

AUGUST 2, 2023

As members of one of the most highly regulated industries in the world, medical device manufacturers face numerous challenges. From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Logistics Bureau

DECEMBER 4, 2023

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. Another takeaway is the importance of warehouse layout as an enabler for inventory management excellence.

Inventory Reduction 73

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 73

Supply Chain Shaman

FEBRUARY 1, 2024

I will share insights as we go along) The Word Salad Shuffle In the industry, I feel that there is a lot of word salad–consultants and technologists spinning words with little meaning to drive leads. Contract Manufacturing Signal Latency. In our research, we find that 32% of volume is manufactured by a third party.

Supply Chain Planning Software 354

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 354

Logility

DECEMBER 28, 2020

How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Therefore, manufacturers must continually look for new ways to improve the productivity and profitability of their operations.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Manufacturing Analytics Software 130

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. As an industry, we struggle to embrace new ways of thinking. Job satisfaction wanes as the days filled with an endless cycle of meetings, with many not useful.

Supply Chain Design Software 317

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 317

Logility

DECEMBER 29, 2020

How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Therefore, manufacturers must continually look for new ways to improve the productivity and profitability of their operations.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 130

QAD

MAY 28, 2024

In the dynamic landscape of manufacturing, adaptation is key to staying ahead of the curve. Getting Transformation Buy-in From the Executive Team From the outset, TS Tech recognized the importance of securing executive management commitment—a critical foundation for any transformative endeavor.

Supply Chain Software 74

Supply Chain Software Optimization Software Eliminating Excel in Purchasing Purchasing Training 74

Logility

AUGUST 24, 2023

It enables you to figure out the “what,” the “when,” the “where,” and the “how many” behind all your manufacturing activities: What: Determine the exact product mix you’ll need to produce to satisfy customer demand. How many: Plan production down to the exact number of units that will enable you to meet current and forecasted demand.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 146

Unleashed

MAY 15, 2023

Wholesalers and manufacturers need effective B2B strategies to sustain business growth and beat the competition. Wholesalers and manufacturers face unique operational challenges that require more than a spreadsheet to manage. Wholesaling and manufacturing businesses usually depend on repeat purchases.

Inventory Reduction 105

Inventory Reduction Sourcing Strategies Waste Reduction Manufacturing Procurement 105

Locus

OCTOBER 7, 2022

Technology solutions for last-mile fulfillment have emerged as the quickest, most practical way to meet these steep consumer demands. However, should a business invest their capital in building and maintaining their solution from scratch, or simply purchase an off-the-shelf solution? Holistically consider the costs.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Demand Planning Software Procurement Solutions Eliminating Excel in Purchasing 52

QAD

DECEMBER 1, 2022

In the age of the Amazon B2C, buy-it-now, get-it-now landscape, B2B buyers are finding themselves also wanting the quick and easy shopping experience B2C companies offer, and some actually excel at. Many had to scramble to meet the enormous demand and are still unsure of how to gain the upper hand. .

Supply Chain Planning Software 96

Supply Chain Planning Software Analytics Software Demand Planning Software Eliminating Excel in Purchasing 96

Supply Chain Shaman

NOVEMBER 15, 2023

The issue is cross-industry. Q3 is a tough quarter: the list of companies failing to meet revenue guidance will continue to grow. Q3 is a tough quarter: the list of companies failing to meet revenue guidance will continue to grow. The question is, how can a company not meet guidance?

Supply Chain Planning Software 406

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 406

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. This is particularly true in the food manufacturing industry, which characteristically has a high volume of products stored, and an urgent need to fill existing client orders to match ongoing consumer demand.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

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

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. What’s happening in the industry right now, and what can you expect next? The question is: Where to from here? billion to $64,334.41

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Supply Chain Shaman

AUGUST 12, 2020

Heavily booked and running from meeting to meeting, I was late. The topic of the meeting was the logistics to launch of the AMR Research Top 25. The topic of the meeting was the logistics to launch of the AMR Research Top 25. Only 29% of manufacturers easily manage total cost trade-offs. The reason?

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

SCMDOJO

JUNE 21, 2023

While implementing SCaaS poses challenges, it has demonstrated its effectiveness across industries, fostering company growth, cost reduction, and leveraging cutting-edge technology. 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 92

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 92

Supply Chain Shaman

FEBRUARY 18, 2021

While the industry is flush with terms like digital twin and what-if modeling, current applications were not equal to the need. Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Next Steps.

Supply Chain Planning Software 297

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 297

EMERGE App

APRIL 5, 2024

The picture of wholesale distribution industry in 2024 The report from Research and Markets forecasts that the wholesale market size will reach $68,092.65 With those who just joined the industry, unsurprisingly you are facing immense struggles too. billion by 2028, growing at a compound annual growth rate (CAGR) of 6.5%.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Today’s supply chain—with greater outsourcing, global manufacturing, and complex bill of materials–requires synchronization of the links.

Optimal Sourcing 173

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 173

Supply Chain Shaman

FEBRUARY 14, 2022

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. Industries carried on average 32 days more inventory in 2020 than in 2007. (I

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

OptiProERP

JANUARY 17, 2023

Manufacturers need specific functionality to run their businesses effectively. Let’s examine what ERP functionality is critical for discrete manufacturers. Manufacturers rely on their inventory to build their products, so they need to have the correct amounts on hand at all times. Inventory Management. Supply Chain Management.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Manufacturing Negotiating Skills 52

Supply Chain Shaman

FEBRUARY 16, 2024

The first was that the industry would be short 60,000 planners in five years, and the second was that GenAI is like having a junior planner working in concert with a senior leader. and from a series of labor-intensive meetings that delay decisions to powerful insights for modeling.) So, what can we accomplish using GenAI and the graph?

Supply Chain Planning Software 398

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 398

Enterra Insights

OCTOBER 26, 2022

billion industry that is already making big changes to the way we understand and use immense databases for a wide range of purposes. Members of Forbes Technology Council have identified a number of industries (and functions within those industries) that have been or will be revolutionized by machine learning.[2] ”[1].

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

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

IQMS

JUNE 4, 2019

99% of mid-market manufacturing executives are familiar with Industry 4.0, yet only 5% are currently implementing or have implemented an Industry 4.0 Mid-market manufacturers getting the most value out of Industry 4.0 Demystifying Industry 4.0 is an excellent objective for any research effort.

Supply Chain Planning Software 56

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Sourcing Strategies 56

Logistics Viewpoints

NOVEMBER 4, 2021

The pandemic halted many supply chains last year, closing factories and stores, and limiting manufacturing and distribution operations. Construction of manufacturing plants and new warehouse sites were also postponed or canceled entirely due to market uncertainty. trucking industry, according to the American Trucking Association.

Warehousing 204

Warehousing Inventory Reduction Supply Chain Network Software Inventory Management Software 204

Supply Chain Shaman

APRIL 16, 2024

The sad fact is that most planners spend six to seven hours a day in meetings and struggle to get timely information. Can we build collaborative platforms for role-based discussions across commercial (sales and marketing) and operations (manufacturing, logistics, and purchasing) teams? The goal of the balanced scorecard?

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 221

Unleashed

MAY 20, 2024

In this week’s edition of The Backorder: REI Co-op gives back $270 million to global communities 6 quick ways to improve supply chain visibility An ecommerce logistics insider shares her best industry advice Job opportunities from McLaren Racing, Hello Fresh, and more Not subscribed yet? Request (and provide) timely updates.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software S&OP 52

Supply Chain Shaman

JANUARY 31, 2022

The reinvention of planning is needed, but it is hard to unwind the industry. I have been an industry analyst for two decades. Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. Manufacturing equipment lead times were 19 months. As an analyst, I conduct primary research.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. In consumer goods industries, better forecasting leads to lower fines from retailers for late or incomplete deliveries. This increases sales. This sounds obvious.

Forecasting 192

Forecasting Forecasting Software Modeling Optimal Sourcing 192

Supply Chain Shaman

MAY 21, 2013

Here are some of the quotes from the workshop I led yesterday that helped me to better understand the industry: “A process born out of chaos is chaos. Medical Device Manufacturer. In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

Supply Chain Shaman

FEBRUARY 7, 2022

The reinvention of planning is needed, but it is hard to unwind the industry. I have been an industry analyst for two decades. Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. Manufacturing equipment lead times were 19 months. As an analyst, I conduct primary research.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Background.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

SCMDOJO

APRIL 20, 2023

As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck. Additionally, procurement managers must stay up-to-date on industry trends and best practices in order to make informed purchasing decisions.

Negotiating Skills 98

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 98

QAD

JUNE 29, 2023

This means involving stakeholders from across the company, including engineering, manufacturing, procurement, quality, maintainability, serviceability and sustainability, plus key suppliers. By addressing these risks upfront, the team can design the product and the manufacturing processes to prevent failures before they even occur.

Price Reduction 92

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 92

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies.

Purchasing Training 82

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 82