SYSPRO Smarter ERP

APRIL 11, 2022

Over the last decade, the role of the manufacturing and distribution CFO has undergone a profound shift. The role of the CFO is being transformed by technological innovation and access to massive amounts of data, both inside and outside the organization. Here’s ERP ROI for the manufacturing and distribution CFO: 1.

Manufacturing Procurement 105

Manufacturing Procurement Distribution Supply Chain Design Software Manufacturing 105

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

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. Twitter Google+ LinkedIn The post 3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance appeared first on Transportation Management Company | Cerasis.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

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. The United States, for example, wastes about 40% of their food , amounting to about 125 to 160 billion pounds—much of which is perfectly edible. Pete Pearson Director of Food Waste, WWF. Source: [link].

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

Supply Chain Shaman

FEBRUARY 18, 2021

This means building a cognitive engine to sense, learn, and adapt using market data for innovators. Advanced planning evolved with a focus on modeling manufacturing constraints. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. What are functional metrics?

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 288

GlobalTranz

FEBRUARY 9, 2017

Where and how manufacturers make products for Americans will change in 2017. Manufacturers must adapt to changing demands, or they will become nothing more than a statistic in history books. The "First Five" Industrial Manufacturing Trends of 2017. The "First Five" Industrial Manufacturing Trends of 2017.

Supply Chain Planning Software 120

Supply Chain Planning Software Demand Planning Software Trends Logistics Network Optimization Software 120

BlueYonder

APRIL 9, 2024

For the past 175 years, Carlsberg has continuously reinvented itself from a marketing, innovation and product perspective, while remaining true to its core values of enriching communities while manufacturing quality drinks. Dealing with each area — planning, manufacturing, distribution, fulfilment, etc. —

Optimal Sourcing 101

Optimal Sourcing Sustainability Material Savings Waste Reduction 101

Logistics Viewpoints

MARCH 25, 2024

Infor held an Innovation Summit at their headquarters in New York City on March 18 th and 19 th. For example, Google Maps app is a public cloud application. That functionality is necessary for bakeries, dairies, and beverage manufacturers, but perhaps less important for other F&B subverticals.

Vendor Strategies 225

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 225

4WL Consulting

MAY 4, 2020

C3Nano is a material technology company developing and manufacturing transparent conductive films, the main component in all touch sensors used in phones, tablets, and more. The top trends impacting manufacturing in the next 3 to 5 years. The top trends impacting manufacturing in the next 3 to 5 years. Transcript.

Manufacturing 130

Manufacturing Material Savings Just-in-Time Detroit 130

4WL Consulting

MAY 4, 2020

C3Nano is a material technology company developing and manufacturing transparent conductive films, the main component in all touch sensors used in phones, tablets, and more. The top trends impacting manufacturing in the next 3 to 5 years. The top trends impacting manufacturing in the next 3 to 5 years. Transcript.

Manufacturing 130

Manufacturing Material Savings Just-in-Time Detroit 130

TransAudit

DECEMBER 13, 2023

Supply chains at a consumer goods company, for example, make up about 80% of the company’s greenhouse gas (GHG) emissions. Here are three examples of how companies adopted a circular supply chain approach and saw significant results: RUSH University Medical Center saved more than $244,000 by reusing workplan furniture.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

Locus Robotics

DECEMBER 22, 2020

Most manufacturers that had plans to digitize in the future were hard-hit with manual changes. Manually changing processes to accommodate new manufacturing. There is a concern among manufacturers that new technology requires a fresh greenfield re-model and they wait for the right opportunity to take the advantage.

Supply Chain Design Software 98

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

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. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

Supply Chain Shaman

JULY 25, 2021

Let’s start with honesty and a focus on process innovation. The Focus Inside-out Supported by Functional Metrics. Functional excellence drove regional supply chain performance in the 1990s, but a focus on functional metrics in large, global and complex supply chains over the last two decades threw the supply chain out of balance.

Procurement Analytics 370

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

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Based in Paris, L’Oréal is a global personal care manufacturing company.

Case Study 261

Case Study Inventory Reduction Agile and Lean Supply Chain Study 261

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers. Manufacturers, retailers, and logistics organizations can leverage generative AI-powered knowledge management systems to optimize operations and make informed decisions.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

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. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Doing this, increases the benefits. This sounds obvious.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Supply Chain Shaman

JUNE 7, 2021

A forum was great for networking but not for driving process innovation. For example, client-server to cloud architectures offered great promise for process innovation, but companies just moved their processes without asking how to drive new levels of value from technology. The industry is like a Ferris Wheel.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

Logistics Viewpoints

JULY 19, 2021

A pound of apples costs about the same as a pound of steel, yet steel is a complex product produced using high-tech metallurgical and manufacturing processes. We don’t spend just to innovate,” Mr. Lassen said, “we need to create business value.”. A ton of steel can cost as little as $700. Tata Steel Europe has a complex supply chain.

Supply Chain Planning Software 264

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 264

DELMIA Quintiq

MAY 17, 2022

Thanks to constant industry innovation, Integrated Business Planning (IBP) is now also becoming a common topic of conversation. If financial metrics or sustainability are priority KPIs along with inventory and materials, then they need to be included in driving the planning process and part of the optimization puzzle. Still confused?

S&OP 156

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Planning 156

GlobalTranz

MARCH 23, 2016

These metrics would, of course, be aligned and are updated every hour. The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs. Specific metrics: process metrics and outcome metrics.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Silvon Software

AUGUST 8, 2022

Supply chain challenges stemming from the pandemic and other global events continue to plague manufacturing and distribution companies. Plus, changing consumer behaviors and demands are leading businesses to adopt newer technologies and innovations so they can adapt and evolve at a faster rate. Let’s take product quality as an example.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. However, the stories of success are largely project improvements or improvements in vertical supply chain efficiency in manufacturing or transportation. Admitting this truth is a freeing moment.

Inventory Reduction 157

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 157

PINC

AUGUST 3, 2020

and Trading Partner Alliance outline some of the key considerations that should go into developing and using the on-time and in-full delivery metric. To fill these gaps, a growing number of companies operating in the consumer sector have adopted the “on-time in-full” (OTIF) delivery metric. McKinsey & Co., What is OTIF?

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

Supply Chain Shaman

MARCH 28, 2016

The average manufacturing company’s supply chain organization is 15 years old. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

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. Organizations can align to drive value despite the allegiance to functional metrics. With the increase in complexity, manufacturing cycle inventories rise. Mistake #5.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

IQMS

JULY 11, 2019

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Manufacturers care most about finding new ways to grow, excel at product quality while still being able to take on short lead-time production runs from customers.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

OptiProERP

DECEMBER 20, 2023

PLM involves coordinating people, processes, business systems, and information to drive innovation, improve product quality, and optimize processes. Therefore, organizations that heavily rely on product innovation and development might find implementing both ERP and PLM systems beneficial. What is a Product Lifecycle Management System?

Optimal Sourcing 52

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 52

Supply Chain Shaman

OCTOBER 8, 2019

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Let’s take an example. A common issue in financially-driven companies is the heavy utilization of manufacturing assets past reasonable limits throwing the supply chain out of balance. Background.

Supply Chain Design Software 186

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 186

Supply Chain Insights

JANUARY 18, 2018

This includes SCOR, APICs, Gartner Top 25 Supply Chains, Gartner Hierachy of Metrics, etc. New approaches –using the confluence of new technologies along with innovation in analytics– will drive a more agile supply chain response. Manufacturers and retailers are bundling goods and services to drive solutions.

Prescriptive Analytics Software 197

Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 197

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Common performance metrics include process completion rate and the number of automated tasks.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

ivalua

JUNE 29, 2020

It is also helping to bridge the supply chain management gap that has traditionally existed between healthcare providers and other industries such as manufacturing. Baylor, Scott & White (BSW) presents a great example of achieving digital transformation powered by supply chain. Share on Twitter. Big Opportunity Ahead.

Supply Chain Planning Software 219

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

Adexa

JULY 17, 2023

As an example, what follows was created by generative AI. Collaborative partnerships: Digital transformation facilitates better collaboration and information sharing among supply chain partners, including suppliers, manufacturers, distributors, and customers. Processes that used to take days can now be done in minutes.

Supply Chain Planning Software 98

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

TrackVia

MARCH 25, 2024

They’re the tools that are quietly changing the game across different industries, from construction and healthcare to manufacturing and field services. Request Free Demo In the fast-paced realm of manufacturing and logistics, mobile workflows are the secret weapon for staying ahead of the competition.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Design Software Cost Reduction Strategies Waste Reduction 105

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. It can then respond to the user’s needs, such as cooling down.

Trends 98

Trends Procurement Analytics Supply Chain Design Software Demand Planning Software 98

Supply Chain Shaman

AUGUST 2, 2017

Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. For example, one business unit can run SAP, one Oracle, one Logility, and one OM Partners; and it will be OK. Reporting Structure. Form and Function of Inventory.

S&OP 154

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 154