Supply Chain Shaman

MAY 26, 2023

Like Linus clinging to his blanket, supply chain teams make most of their decisions on Excel spreadsheets. Or a unified data model across source, make, and deliver for planning? Demand latency (the time from purchase by the customer to order visibility by the manufacturer) is weeks and months. What is the business case?

Optimal Sourcing 337

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 337

SYSPRO Smarter ERP

APRIL 4, 2024

Make-to-Order (MTO) manufacturing is the production of specialized or unique one-off products in quantities ranging from one to small production runs. Usually, the final product is a combination of custom manufactured components and standard components. MTO operations bring their own set of unique challenges.

Manufacturing Procurement 52

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

Supply Chain Shaman

NOVEMBER 15, 2023

PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results. The trend is clear. Buying strategies need to be defined, and the interface needs to be bi-directional. For this blog post, never mind the comparison.

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

QAD

MARCH 30, 2023

Manufacturers may not think they have much in common with the retail companies beyond producing the products that stock store shelves, but there could be a lot to learn from the latter as the manufacturing headwinds of the last few years carry into 2023. Walmart Has Embraced RFID Technology – Should You?

Manufacturing Procurement 92

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 92

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. The question is, “Why?”

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

ivalua

JUNE 29, 2020

Taking a step back, if we look at the bigger trends taking place in this industry, there are a few of note that may ultimately be a driving factor for improvements within healthcare supply chains: Healthcare spend is highest in the world: The US spends significantly more than most of the world on healthcare per capita. Share on Twitter.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain Shaman

SEPTEMBER 27, 2021

Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. Procurement processes–encumbered by a focus on paperless processing, RFPs/RFQs, and efficient procurement–do not embrace the capabilities and requirements of direct material sourcing. Current State of Visibility.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

Supply Chain Shaman

JULY 25, 2021

Reversing The Trend. How do we reverse the trend? While the input from sales on market trends is invaluable, sales should never be asked to forecast. Trade-offs of commercial programs with source, make, and deliver to maximize value to the customer and improve margin.). Few measured projects against improved results.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

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 Shaman

JUNE 21, 2023

One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers. The analysis is biased toward large process-based manufacturers in the Gartner network. Is this success? I don’t think so. Learning Stalled.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

Supply Chain Game Changer

SEPTEMBER 15, 2021

Manufacturing SMBs article and permission to publish here provided by Alina Akk. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain. You can’t manufacture shiny new goods without raw materials, after all. Subscribe Here! Email Address.

Inventory Management Software 92

Inventory Management Software Manufacturing Procurement Inventory Management Supply Chain Planning Software 92

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Parallelly, expectations around the overall purchasing experience have also grown steeper. Such robust trends point to a major opportunity for businesses to differentiate themselves: at the last-mile delivery stage. Aside from route planning and optimisation, some other avenues worth exploring include: Sustainable Sourcing of Goods.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Optimization Software 130

Precoro

JUNE 6, 2022

Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. In this case, the supplier receives a commission from both the customer and the manufacturer. Let's imagine a company A, that manufactures a finished product – sneakers.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. He felt strongly that supply chain leaders knew how to drive supply chain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches. I disagreed.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Enterra Insights

MARCH 19, 2024

It takes real dedication to excel in the agriculture field (no pun intended). He explains: “ When companies make pledges or establish goals that impact production and sourcing, they should begin by working with the farmers and ranchers who are on the frontlines. She calls this the “food anywhere” trend.

Food 130

Food America Optimal Sourcing Manufacturing Procurement 130

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Grab yours now!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

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 94

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 94

Logility

JANUARY 22, 2019

Planners need to contend with inconsistent consumer buying behavior, the need to satisfy multiple channels, complex sourcing options and proliferating “sub-seasons,” collections and assortments. Changes in fashion trends, weather patterns or even regional events can change the output of a long-term forecast.

Supply Chain Design Software 113

Supply Chain Design Software Apparel Supply Chain Design Supply Chain Planning Software 113

Zipline Logistics

JULY 13, 2021

As we hit the back half of 2021, let’s explore what current retail trends are doing to the freight market and how CPG brands are affected. As domestic brands continue to place orders with Chinese manufacturers, the country is scrambling to keep up. Currently, manufacturers are sitting 8-12 weeks behind production schedules.

Trends 52

Trends Retail Cost Reduction Strategies Inventory Reduction 52

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? He had been with this company for decades and built not only the sales network, production, but also worked in systemizing supply chain and sourcing (in the hundreds of millions of dollars). Landgraf, CEO at Above the Standard ( [link] ).

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

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 95

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 95

Talking Logistics

APRIL 12, 2017

Logistics Excellence: Now & in the eFuture. As I wrote last June, investments are rising in Supply Chain Operating Networks and Descartes is a prime example of this trend in action — a trend that I predict will continue to gain momentum in the months and years ahead. Will this include drone deliveries?

Supply Chain Planning Software 114

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software 114

SCMDOJO

JULY 3, 2023

Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Supply Chain Game Changer

MARCH 6, 2019

But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Organizations are ‘going carbon neutral by 2025’, and ‘implementing Artificially Intelligent business systems’ and ‘sourcing form solely environmentally friendly suppliers’. Responsible Sourcing.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

Unleashed

OCTOBER 16, 2023

Every manufacturer knows the importance of raw materials – without them, there’s no final product. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. Let’s dive in. In this guide: What is raw material inventory management?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

SCMDOJO

APRIL 4, 2023

To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources. These analytics can also help identify known risks and predict future risks by spotting patterns and trends throughout the supply chain, increasing planning accuracy, and better predicting future demand.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

In fact, today several leading halal production standards (like the Indonesian and Malaysian halal standards) are already requiring a segregation between halal and non-halal in transport and storage for halal certified manufacturers. In summary, halal supply chain management = halal excellence of supply chain processes.

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

The Logistics & Supply Chain Management Society

JULY 16, 2023

This trend is also better known as the evolution of halal or when applied to an organisation: the corporate halal maturity. The answers to these Muslim consumer needs and wants are in the alignment of the corporate halal maturity with these halal market trends and embracing more advanced halal standards by brand owners.

Risk Management 130

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

Precoro

NOVEMBER 7, 2022

What different products or services does the staff need to purchase in order to produce pizza? Direct procurement , or direct spend , is the purchase of goods and services directly associated with the manufacturing of the company's final product. Typically, direct purchases are made in large quantities to get a bulk discount.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

Freightos

NOVEMBER 11, 2021

On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. Amazon has made a habit of excelling at logistics to retain end customers and third party sellers.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

IQMS

JUNE 4, 2019

99% of mid-market manufacturing executives are familiar with Industry 4.0, Mid-market manufacturers getting the most value out of Industry 4.0 excel at orchestrating a variety of technologies to find new ways to excel at product quality, improve shop floor productivity, meet delivery dates, and control costs. no opt-in).

Supply Chain Planning Software 56

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

SCMDOJO

OCTOBER 27, 2023

Sustainability and CSR Negotiation: Negotiating terms related to sustainability, corporate social responsibility (CSR), and ethical sourcing. Alternative Sourcing Negotiation: This negotiation explores alternative sourcing options when necessary. You do not want to miss out on current market trends and conditions.

Negotiate Pricing 88

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 88

MIT Supply Chain

NOVEMBER 13, 2023

Some events and trends driving the supply chain’s standing back in 2014 remain just as influential in 2023. The emergence of just-in-time manufacturing, other business models, and globalization were among the drivers reshaping the business landscape. This requirement is likely to gain in importance over the next decade.

Supply Chain Planning Software 97

Supply Chain Planning Software Modeling Purchasing Skills Supply Chain Software 97

Logility

MAY 25, 2023

Despite these compelling figures, many manufacturers are still wrestling with inventory planning and optimization. Defining Inventory Control Inventory control, often interchangeably used with inventory management, is a systematic approach to sourcing, storing, and selling inventory—both raw materials and finished goods.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

Enterra Insights

SEPTEMBER 29, 2021

Supply chain processes are not immune to this trend. … Consumer purchases and decisions will increasingly be voice-driven and machine-augmented, with companies’ relationship with customers machine-to-machine, values-based and digital-first.” Wong and Steinberg report, “Change in consumer demand is accelerating.

Supply Chain Planning Software 130

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

Supply Chain Shaman

DECEMBER 4, 2018

Note the general trend of improvement. At Rockwell this includes all processes end-to-end except for manufacturing. In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. From a manufacturing perspective, products vary significantly in complexity. Meet Ernest.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 73

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 73