SYSPRO Smarter ERP

OCTOBER 11, 2021

There is a belief that manufacturing is a mechanical process with not much thinking involved. While this is wrong for manufacturing in general it is especially wrong for process manufacturers – companies that produce food and beverages, paints, chemicals, pharmaceuticals, and cosmetics. What is process manufacturing?

Manufacturing Procurement 119

Manufacturing Procurement Manufacturing Supply Chain Planning Software Purchasing Skills 119

Unleashed

FEBRUARY 21, 2022

As 2022 kicks in, the manufacturing sector is being shaped by technological change and the Covid-19 pandemic. Digital, connected and smart systems are on the rise, while at the same time manufacturers face challenges such as the ‘Great Resignation’ and clogged-up supply chains – as well as increasing demand for sustainable products.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 98

Logistics Bureau

FEBRUARY 15, 2021

The best way to understand the difference between procurement and purchasing in a business is to consider the process involved in buying a car, says Logistics Bureau’s procurement specialist, Trent Morris. Procurement First, Purchasing Follows. But all of those things become purchasing as opposed to procurement.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Purchasing Skills Negotiate Pricing 98

Arena Solutions

APRIL 9, 2024

As the pressure mounts for manufacturers to deliver in shorter timelines because of increased competition and the urgency to solve a myriad of climate-related challenges, legacy ways of doing things have become an insurmountable hindrance to progress. Overcoming Challenges in Product Lifecycle Management With Advanced Solutions The problem?

Manufacturing Procurement 75

Manufacturing Procurement Supply Chain Design Software Manufacturing Analytics Software 75

GlobalTranz

JANUARY 18, 2017

What makes or breaks a new technology in manufacturing? Mostly, manufacturers demand technologies that can boost their output without causing an additional strain on resources, and the final five technologies changing manufacturing in 2016 did just that. In other words, some manufacturers continue to resist the trend.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Software Optimal Sourcing Material Savings 120

Supply Chain Game Changer

AUGUST 22, 2022

In today’s business climate, many companies are grappling with the decision of whether to manufacture their products locally or overseas. With the global pandemic changing so much in the world, that discussion around global and local manufacturing has become even more complex. Where are your suppliers? Count the cost.

Manufacturing Procurement 107

Manufacturing Procurement Manufacturing Global Modeling 107

The Logistics of Logistics

OCTOBER 30, 2023

Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP).

Optimal Sourcing 241

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 241

GlobalTranz

JANUARY 16, 2018

Manufacturing is on the cusp of an explosion in growth and innovation in 2018. The US energy industry is also awaiting changes in basic operating procedures, which are expected to dramatically reduce energy costs. These facts set the stage for exponential manufacturing growth in 2018. Green Manufacturing Will Go Viral.

Manufacturing Procurement 215

Manufacturing Procurement Price Reduction Manufacturing Waste Reduction 215

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. It refers to the process of purchasing, storing, and tracking the various goods required to build a product. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Precoro

NOVEMBER 13, 2023

Financial efficiency, cost savings, and profitability undoubtedly fall under the main priorities of upper management, regardless of a company’s industry. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Here are some examples of such use cases.

Optimal Sourcing 188

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 188

EC Sourcing Group

NOVEMBER 1, 2022

Top 5 RFP Solutions for Manufacturing. The manufacturing industry has unique needs when it comes to purchasing. Speed, for example, is a primary concern because you want to respond to changing market demands as quickly as possible. RFPs are an essential tool for managing complex manufacturing operations.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Analytics Software Supply Chain Software 52

SYSPRO Smarter ERP

MARCH 31, 2022

Just about every supply chain will be affected by this crisis, for example, with fuel prices surging although there is no shortage yet, there’s risk in supply and shipping routes being cancelled or diverted. Industries such as high-tech electronics and semiconductors, and rare earth minerals are highly susceptible to unpredictability.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software 105

SYSPRO Smarter ERP

MARCH 29, 2022

Manufacturers are aware they need to modernize to take advantage of what technology can offer. They saw how technology gave many businesses competitive advantage during the pandemic, and they are aware of how the Fourth Industrial Revolution (4IR) will change industries. Most plant floors are dominated by older equipment.

Manufacturing Procurement 116

Manufacturing Procurement Modeling Software Manufacturing Supply Chain Planning Software 116

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

SYSPRO Smarter ERP

NOVEMBER 14, 2022

It is no secret that the manufacturer and distributor sectors have been some of the hardest hit by the global health crisis and recent geopolitical instability. Tackling the various hurdles faced by manufacturers and distributors requires a strategic approach. Implementing innovative cost-saving for a manufacturer.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 116

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important?

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 130

GlobalTranz

FEBRUARY 27, 2018

Procurement must never be an afterthought in any enterprise. Manufacturers need to have the right raw materials and supplies available. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement.

Manufacturing Procurement 166

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 166

QAD

DECEMBER 3, 2019

There is a developing trend that has been gaining steam in recent years that has the potential to seriously impact and “disrupt” food and beverage manufacturing. It means buying food that is sourced and/or grown within a geographical location that could be considered “local”. What is the General Perception of Locally Grown Products?

Manufacturing Procurement 114

Manufacturing Procurement Material Savings Cost Reduction Strategies Expense Reduction 114

GlobalTranz

FEBRUARY 19, 2016

The Industrial Revolution helped change and bring prosperity into the world of manufacturing. As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 120

GlobalTranz

NOVEMBER 9, 2016

In place of long paper trails and maintenance schedules, machines with the capacity to communicate their needs and issues via the industrial Internet of Things (IoT) are becoming an essential component of effective processes. Fleet or transportation management is another aspect of manufacturing reaping the rewards of the IoT.

Internet of things 246

Internet of things Manufacturing Procurement Supply Chain Software Logistics Network Optimization Software 246

QAD

JANUARY 4, 2022

Supply chains are more fragile than ever, shipping and trucking backlogs have hit multiple industries endangering holiday celebrations and causing general shortages, and the lack of certain products (read: semiconductor chips ) are crippling industries. 2021: A Year of Continued Disruption…for All Industries. Automotive.

Manufacturing Procurement 95

Manufacturing Procurement Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 95

Precoro

JULY 8, 2022

One should keep in mind that every transaction has an additional hidden cost in labor and overheads, such as the time spent sourcing products, tracking deliveries, matching invoices, and overseeing suppliers. In the article, we look critically at the role of the purchasing manager and discuss how to determine the value of hiring one.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

SYSPRO Smarter ERP

OCTOBER 4, 2021

The pandemic pushed manufacturers and distributors to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supply chains. A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 119

Manufacturing Procurement Distribution Sourcing Strategies Manufacturing 119

SYSPRO Smarter ERP

MARCH 28, 2024

The ERP system as a primary data source is valuable for analysts so they can find out what a data item means and where to get it. Data may be enhanced by mapping it with other systems to creating a more comprehensive data source for data-driven decision making. The ERP system also becomes one of the main systems of record.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Optimization Software 52

SYSPRO Smarter ERP

SEPTEMBER 6, 2022

The past two and half years have certainly brought a variety of challenges and opportunities that have made innovation not just a preference, but essential for manufacturers and distributors to thrive into the future. Optimizing the use of data for manufacturers. Obstacles on the data journey for manufacturers.

Manufacturing Procurement 111

Manufacturing Procurement Innovation Optimal Sourcing Manufacturing 111

USC Consulting Group

AUGUST 17, 2020

It is difficult to put into exact figures the effects the coronavirus pandemic has had on global industry. However, with manufacturers and supply chains across the world reeling with the ongoing problems the pandemic has presented, we are seeing a definite shift in the ways business is conducted. Manufacturing.

Manufacturing Procurement 81

Manufacturing Procurement Demand Planning Software Supply and Demand Manufacturing 81

QAD

DECEMBER 5, 2019

Manufacturing isn’t exempt from this pressure. Regardless of what laws politicians enact, customers want their purchasing dollars to go to those who behave responsibly. The manufacturing industry has adopted “Lean” techniques enthusiastically. Lean is about driving out waste from every aspect of manufacturing.

Manufacturing Procurement 131

Manufacturing Procurement Waste Reduction Innovation Expense Reduction 131

ivalua

DECEMBER 14, 2020

What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.”

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Optimization Software 130

SYSPRO Smarter ERP

APRIL 18, 2022

These ongoing disruptions mean manufacturers and distributors must navigate challenges while rapidly addressing the needs of their people, customers, and suppliers. With reliable data from ERP manufacturers and distributors can use data analytics to respond to challenges. Supply chain visibility to maintain competitive advantage.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 124

GlobalTranz

JANUARY 17, 2017

Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. VR tends to replace the entire image.

Manufacturing Procurement 120

Manufacturing Procurement Predictive Analytics Procurement Analytics Predictive Analytics Software 120

Unleashed

OCTOBER 27, 2020

For medical device manufacturers connected to the Covid-19 pandemic response, 2020 has been a year of growth. However more broadly the industry has faced the same challenges as other manufacturing sectors, with a -4.4% But also on how medical device manufacturers navigate other challenges specific to their sector.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Manufacturing Inventory Management Software 105

Supply Chain Game Changer

APRIL 25, 2022

Is your manufacturing business not operating to the levels you’re expecting? As a manufacturing company, how will you ensure you attain efficiency? As a manufacturing company, how will you ensure you attain efficiency? This post will discuss tips you can adopt to attain manufacturing business efficiency.

Sourcing Strategies 106

Sourcing Strategies Manufacturing Procurement Waste Reduction Manufacturing 106

Unleashed

AUGUST 12, 2021

Food manufacturers will find new opportunities in the alternative protein market as consumer demand surges for non-meat proteins: insect, plant and algae-based products, and ‘lab meat’ cultivated from animal cells. The demand for alternative proteins has surged in recent years, creating an opportunity for food manufacturers.

Manufacturing Procurement 98

Manufacturing Procurement Case Study Food Study 98

SYSPRO Smarter ERP

APRIL 11, 2022

Over the last decade, the role of the manufacturing and distribution CFO has undergone a profound shift. survey , 57% of manufacturing CFOs agree that proficiency and knowledge to create an effective plan to operationalize and transition the business into a digitalized and automated manufacturer is the most critical factor globally.

Manufacturing Procurement 105

Manufacturing Procurement Distribution Supply Chain Design Software Manufacturing 105

QAD

JANUARY 14, 2021

Ever since consumers started purchasing goods commercially, the ways in which products are packaged determine how most food manufacturers differentiate themselves from the competition. Many purchases are driven by the way a product is packaged. Potential Impacts on Food Manufacturers. Procurement.

Manufacturing Procurement 95

Manufacturing Procurement Packaging Food Sustainability 95