ThroughPut

APRIL 5, 2024

Inventory is the backbone of the modern firm, and potentially its most important asset. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management. What is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

DELMIA Quintiq

MAY 11, 2022

It can be made with many different characteristics, for example, different chemical compositions to increase strength, durability, etc. For example, old steel used in an industrial context can be recycled into consumer products such as home appliances, automobiles and more. Steel is one of the most recycled material in the world.

Material Savings 317

Material Savings Supply Chain Planning Software Optimization Software Analytics Software 317

Supply Chain Shaman

MARCH 27, 2023

For example, real-time planning, end-to-end planning, control tower, integrated business planning (IBP), and digital brain are oxymorons while discussions on innovation bounded by a required ROI is a juxtaposition. True innovation is never defined initially by a mandatory Return on Investment (ROI).) Buyer beware.

Supply Chain Planning Software 318

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 318

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

Supply Chain Shaman

JUNE 9, 2023

The current taxonomy (or frame/models) for the engines does not address the issues of the global multinational manufacturing company. In the Global Supply Chain, there are More Constraints To Address Than Just Manufacturing. A Focus on Safety Stock Is Too Narrow for Effective Inventory Management. Here are a few of the gaps.

Optimal Sourcing 309

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 309

American Global Logistics

SEPTEMBER 12, 2023

In today's rapidly evolving business landscape, innovation has become a key driver of competitive advantage. This article explores the importance of innovation in supply chain management and highlights key areas where innovation can revolutionize traditional practices. Recycling and reuse lend themselves to innovation.

Sourcing Strategies 52

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

SYSPRO Smarter ERP

FEBRUARY 9, 2022

As smart devices become more common, medical device manufacturers will need to look at how technology can improve manufacturing and the customer experience. The medical device industry designs and manufactures a wide range of products to diagnose, monitor, and treat patients. Challenges in the medical device industry.

Modeling Software 105

Modeling Software Supply Chain Design Software Inventory Management Software Manufacturing 105

Logistics Viewpoints

APRIL 22, 2024

Mike Carroll, a vice president at Georgia-Pacific, and Ron Norris, director of innovation at GP While Generative AI has sparked great excitement, a form of artificial intelligence called Causal AI might offer much greater potential. GP, for example, has also had success in demonstrating that Causal AI can solve difficult sourcing problems.

Georgia 225

Georgia Optimal Sourcing Modeling Modeling Software 225

QAD

NOVEMBER 2, 2021

This is what manufacturers get paid for. Can Traditional Manufacturing Compete? Traditional manufacturing lacks the feedback loops required to rapidly respond to changes in the supply chain. As a consequence, rather than overcome the external challenges it faces, Traditional Manufacturing can fall victim to them.

Manufacturing 97

Manufacturing Modeling Supply Chain Design Software Supply Chain Software 97

ModusLink Corporation

APRIL 22, 2024

By harnessing the capabilities of a global 3PL partner, companies can unlock new possibilities for efficiency, scalability, and innovation in their electronics assembly processes. Consider the unique requirements of your manufacturing process. End-to-end management of component procurement, inventory management, and JIT delivery.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

SYSPRO Smarter ERP

MAY 22, 2023

Process changes to improve sustainability What sort of process changes should manufacturers be looking at to improve sustainability? Bill of Materials Manufacturers looking to incorporate recycled material in their production process , without compromising the final product, should be updating their Bill of Materials (BOM).

Manufacturing Procurement 98

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

DELMIA Quintiq

JULY 31, 2023

The food and beverage (F&B) industry has always been highly responsive to changes in consumer behavior, but rising food prices have brought about new challenges—pushing manufacturers to search for new ways to adapt and remain competitive in a rapidly changing market. What is an example of sustainable food?

Sourcing Strategies 156

Sourcing Strategies Supply Chain Planning Software Waste Reduction Price Reduction 156

Supply Chain Shaman

JUNE 21, 2023

” The industry is in a groupthink, largely missing the opportunities for breakthrough innovation. For example, the Gartner Top 25 celebrates the accomplishments of Intel (active with Gartner), but in the analysis in Table 1, Nvidia Corporation and Taiwan Semiconductor (TSMC) clearly outperform Intel in the Semiconductor Industry.

Gartner 360

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 360

Supply Chain Shaman

JANUARY 9, 2024

Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. An average margin of 21% with inventory turns of 1.58

Supply Chain Planning Software 297

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 297

SYSPRO Smarter ERP

MARCH 21, 2022

Unless manufacturers change, they will find that their ability to forecast demand, and determine what to do to meet it, will be challenging. Primarily this meant increasing inventories as opposed to other strategies like nearshoring. The supply chain management uncertainty in the post-COVID world shows no signs of letting up.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Forecasting Software 116

RFgen

JUNE 2, 2023

A New Perspective on Inventory Management Inventory management can feel like a constant game of cat and mouse—chasing after ever-changing demand while trying to balance stock levels. As revealed in the RFgen Digital Inventory Report , a major challenge in inventory management is having too many challenges.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Optimization Software Supply Chain Software 52

Logistics Viewpoints

FEBRUARY 20, 2023

For example, in contract logistics, the 3PL makes use of a warehouse management system so that they can do the job efficiently. There is also managed planning, where a services firm uses a supply chain system to forecast demand, and plan replenishment and manufacturing. It has outsourced manufacturing. The right IT is critical.

Supply Chain Planning Software 212

Supply Chain Planning Software Logistics Network Optimization Software GEP Supply Chain Software 212

QAD

NOVEMBER 23, 2021

During our next installment of QAD Tomorrow on December 1, 2021, we’ll focus on how manufacturers adopting digital solutions are future proofing their operations. Outdated legacy solutions create stumbling blocks for manufacturers seeking optimal decision-making. Way too much work in progress inventory.

Packaging 92

Packaging Manufacturing Industrial Industry 92

OptiProERP

NOVEMBER 22, 2023

With 2024 on the horizon, more manufacturers are adopting smart manufacturing technology. It is helping them capture benefits across the entire manufacturing value chain. Examples of intelligent factories include on-demand manufacturing and virtual inventories.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Software Material Savings Analytics Software 52

Clear Spider

MARCH 21, 2024

AI inventory solutions create more powerful and adaptive supply chains. One of the key drivers of supply chain resilience is the use of artificial intelligence and machine learning algorithms in inventory management. AI makes use of the endless stream of data collected through inventory management devices and cloud-based applications.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Predictive Analytics Software 52

ToolsGroup

SEPTEMBER 18, 2023

I’m proud to be part of a team and an organization that embodies these values, driving customer-centric innovations and helping companies navigate supply chain uncertainty.” Women have been making a significant impact in supply chain management, contributing to the growth and innovation of the supply chain industry.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software ToolsGroup Supply Chain Planning 156

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Supply Chain Shaman

DECEMBER 27, 2022

McKinsey promises improved agility (not defined) with up to a 30% reduction in operational cost and a decrease in inventory of 75%. (I For example, I am working with a client that has deployed Ariba from SAP, GT Nexus from Infor, Everstream, and Project 44. Here are some additional examples: Hands-free processes?

Supply Chain Software 403

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 403

ShipBob

JANUARY 15, 2024

If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. What is inventory glut? Inventory glut affects businesses both large and small.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Supply Chain Shaman

SEPTEMBER 5, 2022

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Business continuity continues to be a risk for many retailers and manufacturers. My take away?

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 239

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? But consider, too, how you can turn those needs to your advantage in inventory management.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

QAD

JANUARY 6, 2022

We see digital manufacturing as a critical capability integrating planning, scheduling, quality, cost management, asset management, material movement, and shop floor control, resulting in reduced costs, higher quality, and greater customer service. Did You Miss the QAD Tomorrow: Digital Manufacturing Event? And we couldn’t agree more.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Software Optimization Software Tools 92

QAD

JANUARY 27, 2022

When we think about 3D printing and additive manufacturing (AM), there’s plenty of “geek talk for even the nerdiest of engineers around topology optimization, powder bed fusion, laser sintering, isotropics, and the latest composite materials,” according to QAD Director of Industrial and High Tech, Glenn Graney in a recent article in ERP News.

Supply Chain Design Software 96

Supply Chain Design Software Manufacturing Supply Chain Planning Software Inventory Management Software 96

GlobalTranz

JULY 30, 2018

Even JP Morgan, Microsoft, and Google, reports Jonathan Chester of Forbes , are working to increase blockchain development and innovation, and supply chain leaders need to understand how the use of blockchain in supply chain and logistics will bring about lasting change and improvements in efficiency.

Logistics Network Optimization Software 126

Logistics Network Optimization Software Examples Supply Chain Software Manufacturing Procurement 126

QAD

APRIL 1, 2021

Manufacturers continue to face potentially indefinite remote work policies, new health screening and safety protocols, unexpected demand swings, potential supply disruptions and more. Digital manufacturing couldn’t be more important or necessary for maintaining business continuity and responding to change.

Supply Chain Planning Software 98

Supply Chain Planning Software Manufacturing Supply Chain Software Agile and Lean Supply Chain 98

QAD

FEBRUARY 25, 2020

As an example, look no further than Microsoft’s announcement to be carbon negative by 2030 and their commitment of $1 billion towards a climate innovation fund. The Sustainability Movement in Business and Manufacturing. Whirlpool, Saint-Gobain, 3M, Comvita, Medtronic and others. Enhanced long-term business viability.

Waste Reduction 144

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 144

Supply Chain Shaman

APRIL 15, 2020

I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working. An example is a focus on moving and buying ventilators without an assessment of the availability of critical parts and skilled therapists.

Supply Chain Planning Software 439

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 439

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

ThroughPut

DECEMBER 22, 2023

If so, you can’t overlook the critical question of how to eliminate bottlenecks in manufacturing. In the world of manufacturing, bottlenecks are like those sneaky expenses that quietly chip away at your profits. Manufacturing and operations bottlenecks are more than just a financial headache.

Resource Reduction 52

Resource Reduction Expense Reduction Cost Reduction Strategies Inventory Reduction 52

Clear Spider

OCTOBER 10, 2023

Shorter trend cycles, rising costs of goods, and high demand for seasonal products like candy, costumes, and decorations are all haunting manufacturers and retailers globally. In the fast-paced world of seasonal inventory, trend forecasting is crucial for success. Adding seasonal inventory to the mix only makes it more difficult.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Forecasting Software 52

ToolsGroup

JUNE 11, 2020

SKF’s use of a digital twin for analytics to support integrated planning demonstrated exceptional supply chain innovation. According to Gartner, “the Gartner Supply Chainnovator Awards is an annual research program that identifies, assesses and awards outstanding examples of Supply Chain Innovation.

Gartner 248

Gartner Supply Chain Planning Software Supply Chain Software Optimization Software 248

Logistics Viewpoints

MAY 4, 2023

Today, a business footprint touches everything from growers and materials suppliers to manufacturers, distributors, logistics providers, and consumers. Following a path to progress A digital supply chain management platform allows CPG companies to unleash innovation and boost customer acquisition and retention.

Supply Chain Planning Software 218

Supply Chain Planning Software Supply Chain Software Analytics Software Forecasting Software 218