SYSPRO Smarter ERP

DECEMBER 14, 2023

Companies in this market produce the machines used by other manufacturers. Because of the dynamic market they operate in, IM&E manufacturers are seeking to balance productivity and efficiency with responsiveness and agility. Quality and safety Customers expect higher quality products from manufacturers.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Management Software Analytics Software Optimization Software 52

Logistics Viewpoints

SEPTEMBER 19, 2023

Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. Globalization, nearshoring and friendshoring trends are amplifying the supply chain risks. This is where AI can make all the difference.

Supply Chain Design Software 232

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 232

Supply Chain Shaman

JULY 19, 2020

The idiom, rearranging the deck chairs on the Titanic, symbolizes working on something pointless or insignificant because it will soon be overtaken by events. The supply chain is complex non-linear system that is easily thrown out of balance through a focus on functional metrics. Tom Peters. Here, in this blog, I explain. Table 1.

Supply Chain Design Software 437

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 437

The Logistics & Supply Chain Management Society

MAY 28, 2022

Megatrends (Possibly) Shaping Supply Chain Trends: Technology. This evaluation also needs to consider sourcing the technology, implementation and support services necessary to enable the desired outcomes. Almost 40% of Asia/Pacific manufacturers are still using spreadsheets to manage transportation, warehouses, and suppliers.

Supply Chain Software 130

Supply Chain Software Supply Chain Network Software Modeling Software Demand Planning Software 130

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. 10 Soft Metric Considerations in Measuring Supply Chain Performance. The goal is to keep inventory levels at a minimum to meet customer needs.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Unleashed

MARCH 30, 2022

If you’re a manufacturer looking to boost efficiency, control charts are a simple but effective way to monitor and improve your production processes. So what is a process control chart, why are they so useful for manufacturing businesses , and how can you start using them? We take a look. What is a process control chart?

Manufacturing Procurement 98

Manufacturing Procurement Six Sigma Inventory Management Software Manufacturing 98

DELMIA Quintiq

DECEMBER 14, 2021

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. Source: [link]. With the right solution and strategy, food manufacturers have the potential to create a major impact in reducing the scale of our global food waste crisis. Enable Sustainability with DELMIA.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

GlobalTranz

FEBRUARY 6, 2017

Aside from the new administration, Amazon’s supply chain continued push deeper into new and existing markets will define additional trends in the supply chain throughout the coming year. Fortunately, these five trends may alleviate some of the strains of competition by giving supply chain partners an advantage in the global market.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

QAD

AUGUST 12, 2021

Sustainable manufacturing refers to the ability to manage manufacturing operations “in an environmentally and socially responsible manner,” according to the Organization for Economic Cooperation and Development. Sustainability Objectives for Manufacturers. Where Does ERP Come into Play with Manufacturer Sustainability Efforts?

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships.

Supply Chain Planning Software 84

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 84

ToolsGroup

APRIL 1, 2022

While the industry continues to be rocked by world events, uncertainty has become the new normal. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Source: Consultancy.UK. Image source: Fortune. Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

QAD

MARCH 9, 2023

Positive cases have been on a downward trend but supply chain disruption shows no sign of slowing down. Instead, geopolitical, inflationary and environmental forces have created new challenges for manufacturers and their supply chain partners. That means looking at the right metrics.

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 93

Alloy

FEBRUARY 11, 2021

Depending on your industry, yearly revenue can be determined by weather or holiday-driven selling seasons, a few key promotions, big product launches or unexpected consumer trends. . It’s still a tall task, but cross-functional analytics can help align teams both leading up to and during high-stakes events.

Forecasting 52

Forecasting Alloy Negotiating Skills Buyer Training 52

GlobalTranz

FEBRUARY 25, 2021

Normally, logistics deal with events that bring the product towards the customer. For instance, goods move from the customer to the distributor or to the manufacturer. When a manufacturer’s product normally moves through the supply chain network, it is to reach the distributor or customer. Imagine this scenario.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

Unleashed

MARCH 2, 2021

Wearable healthcare works by collecting a user’s wellbeing and fitness data, and creating a personalised database of the user’s health metrics. They work by collecting a user’s wellbeing and fitness data, and creating a personalised database of the user’s health metrics. Consumer trends in wearable health tech.

Trends 98

Trends Procurement Analytics Supply Chain Design Software Demand Planning Software 98

Zipline Logistics

DECEMBER 1, 2020

Food trends had an interesting 12 months as things changed quite a bit throughout the course of COVID-19. Right now, we are seeing a shift away from the big box brand purchasing that defined the spring of 2020 to food trends more in line with what we have seen over the past several years. Personalized Diet Food Trends.

Food 52

Food Trends Manufacturing Procurement Procurement Analytics 52

The Logistics & Supply Chain Management Society

MAY 18, 2021

In their time lean manufacturing and just-in-time were game-changing concepts. Sudden demand spikes, precipitous demand drops, supply disruptions, production line shutdowns and other events can only be managed by early prediction and real-time responsiveness. Strategic product segmentation, sourcing and inventory management.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

The Logistics & Supply Chain Management Society

JULY 23, 2020

Most of the current repetitive processes like (forecasting, reports, purchase orders & Invoicing) will be automated using various technologies. As soon as designers spot possible trends, they create sketches and order fabrics. Identify sourcing plant/s which can back-up each other in times of disruptions.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

ThroughPut

MARCH 24, 2024

However, the pandemic upended all processes that involved manufacturing, supply, and delivery of goods. This scenario raises the question: “How do we build systems that enable better demand planning for manufacturers, and what are the processes that support these?” A common trend underlying these problems is ‘unpredictability’.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Consumer Goods.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

Logility

AUGUST 25, 2020

Each of these events was completely devastating to the company concerned. Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. SCOR Level 1 Metrics are good examples of measures that have longer-ranging focus. The common thread? SCOR Attribute.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Supply Chain Game Changer

NOVEMBER 2, 2022

In fact, 89% of businesses encountered a supplier risk event in the last five years. Manufacturing. Supply chain management is the backbone of manufacturing. These delays were most prevalent in the manufacturing, construction, and trade sectors as a result of supply chain disruptions.

Supply Chain Planning Software 96

Supply Chain Planning Software Risk Management Supply Chain Software Predictive Analytics Software 96

Adexa

JULY 17, 2023

Even real-time decision making is being replaced with before-the-time decision making by predicting events. Collaborative partnerships: Digital transformation facilitates better collaboration and information sharing among supply chain partners, including suppliers, manufacturers, distributors, and customers.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98

Unleashed

FEBRUARY 1, 2023

Demand planning also considers factors such as: Your marketing strategy Seasonality Market trends Demand planning teams need to constantly be alert to technology advances such as in Artificial Intelligence or software tools which can be utilised to their advantage. They must draw on all these factors to create a ‘demand plan’.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Precoro

FEBRUARY 12, 2024

Objectives of liquidity management are to ensure that the business has cash on hand to fulfill its financial obligations and weather the storm during both anticipated and unexpected events, like supply chain disruption or abrupt drop in sales, without enduring significant losses. Let’s explore how. How do companies assess liquidity?

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

Logility

JUNE 2, 2023

Yet, despite its significance, demand forecasting continues to be a thorny issue for many businesses, particularly manufacturers. They help minimize inventory, streamline purchasing, optimize distribution, and enhance production efficiency while ensuring the highest level of customer service.

Forecasting 130

Forecasting Modeling Forecasting Software Supply and Demand 130

DynaSys

JANUARY 19, 2022

Manufacturers give millions of dollars annually to retailers in the form of slotting fees, sample and trial items, reverse logistics fees, new stores fees, introductory allowances, volume pricing discounts, and promotions to end-consumers. Manufacturers do not have this luxury, and need to think more laterally than a Retailer.

Supply Chain Planning 52

Supply Chain Planning Scenario Planning Supply and Demand Material Savings 52

Logistics Viewpoints

OCTOBER 5, 2021

A recent study revealed that 63% of manufacturers and retailers, and 60% of logistics providers, believe their efforts to create end-to-end visibility are yielding the single greatest return on investment of all their execution strategies today. More Than Ever, Acting Sustainably Makes Good Business Sense. And with good reason.

Logistics Network Optimization Software 212

Logistics Network Optimization Software Resource Reduction Waste Reduction Cost Reduction Strategies 212

Enterra Insights

AUGUST 18, 2021

He observes, “The good news is that, given our research suggests a lack of understanding rather than a complete lack of interest, the industry redoubling its efforts to educate and inform manufacturers should be able to turn this situation around. It’s now up to IoT providers to ensure that manufacturers don’t get left behind.”[1]

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

Unleashed

APRIL 1, 2024

When you invest in goods and raw materials, you lock part of your cash flow into those purchases. Monitor performance over time: Tracking your inventory and sales data will allow you to see how trends develop over time, such as a loss in quality or diminishing demand. Waste Waste is a primary concern among perishable goods stockists.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

The Logistics & Supply Chain Management Society

MAY 18, 2021

In their time lean manufacturing and just-in-time were game-changing concepts. Sudden demand spikes, precipitous demand drops, supply disruptions, production line shutdowns and other events can only be managed by early prediction and real-time responsiveness. Strategic product segmentation, sourcing and inventory management.

Agile and Lean Supply Chain 147

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Modeling 147

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . Key performance indicators (KPIs) are the quantifiable metrics companies use to gauge their progress toward a specific goal. . Not sure what those metrics are? Inventory accuracy. Backorder rate.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

QAD

JULY 29, 2021

Mozart, Metallica and Manufacturing Operations Management. It uses smart algorithms that scan data and detect patterns, trends, exceptions and correlations to provide meaningful insights, reporting, and notifications. The Adoption of Augmented Analytics in Manufacturing.

Analytics Software 98

Analytics Software Predictive Analytics Analytics Predictive Analytics Software 98

RFgen

JULY 23, 2014

The manufacturing renaissance currently underway in the U.S. In an interview with Mark Muro, a senior fellow at the Brookings Institute, The Wall Street Journal highlighted the fact that manufacturing in particular is undergoing a significant change because of innovation. Technology Driving Efficiency. Real-time Performance.

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. In an interview with Mark Muro, a senior fellow at the Brookings Institute, The Wall Street Journal highlighted the fact that manufacturing in particular is undergoing a significant change because of innovation. Technology Driving Efficiency. Real-time Performance.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Management Software Supply Chain Software Manufacturing 52

ShipBob

APRIL 26, 2023

It involves all the activities related to the sourcing and transportation of raw materials needed in the manufacturing process. Meanwhile, the downstream supply chain involves activities post the manufacturing process, which would mean getting the finished goods to the end consumer.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) A balance sheet analysis shows that 95% of publicly traded manufacturers are stuck (when compared to peer group) at the intersection of growth and margin, margin and inventory turns, and Return on Invested Capital (ROIC) and growth. AMR Research was an industry analyst firm in Boston.

Gartner 199

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 199