QAD

JUNE 25, 2019

Managing inventory effectively is a delicate balancing act, affected by lead times, supply chain efficiency , demand variability, product complexity, product life cycles, warehouse space and practices, among other variables. Using Metrics to Measure the Health of the Business. Tracking, Managing, and Choosing Metrics.

Procurement Analytics 103

Procurement Analytics Metrics Inventory Reduction Inventory 103

SYSPRO Smarter ERP

JUNE 9, 2022

Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? How much does it cost us to manufacture this product? Here’s an example. The power of business intelligence for manufacturers. Mid-market manufacturers need a tool that’s tailored to their needs.

Supply Chain Design Software 98

Supply Chain Design Software Analytics Software Supply Chain Planning Software Predictive Analytics Software 98

QAD

JANUARY 6, 2022

In its 2021 survey, Deloitte once again affirmed the fact that more digitally mature businesses outperform industry averages on a variety of financial metrics. Did You Miss the QAD Tomorrow: Digital Manufacturing Event? How Do Manufacturers Optimize Digital Manufacturing Efforts? And we couldn’t agree more.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Software Optimization Software Tools 92

Kanban Logistics

FEBRUARY 28, 2023

Add the complexities of compliance to the equation – whether regulatory compliance such as the Food Safety Modernization Act (FSMA) or compliance related to strict manufacturer requirements – and the situation becomes even more challenging. This process utilizes sensors to measure temperature in different areas of the warehouse space.

Warehousing 52

Warehousing Food North Carolina Supply Chain Planning Software 52

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

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

Supply Chain Shaman

MARCH 21, 2024

During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. Lack of aligned metrics.

Inventory Reduction 402

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 402

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. Efficient production processes, quality control measures, and lean manufacturing techniques are crucial for optimizing productivity and minimizing waste.

Supply Chain Planning Software 67

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 67

Logility

AUGUST 7, 2023

Just think about the last time you brought your car to the service or asked a service for your dishwasher only to hear, that the part required to fix the problem was not available and had to be ordered from the central warehouse and it would take a few days. What did you think about that? These things happen and they are not so uncommon.

Customer Service 214

Customer Service Supply Chain Planning Software Optimization Software Logility 214

Clear Spider

OCTOBER 26, 2022

As a result, vendors use better demand forecasting to meet inventory goals, while customers focus on improving other metrics like customer service and brand loyalty. Information tends to become distorted as it moves from the consumer end of the supply chain to the manufacturer. Examples of Vendor Managed Inventory Relationships.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Examples Cost Reduction Strategies 52

Silvon Software

JUNE 1, 2023

Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. At times, finding the right metrics can feel incredibly challenging, and there might be a tendency to measure things for the sake of measurement. This includes procurement, production, transportation, warehousing, and distribution.

S&OP 103

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 103

Logility

MAY 5, 2020

Ampacet Corporation is the world’s leading manufacturer of the pelletized pigments that add colors to plastics. The company spans the globe with 12 manufacturing sites on four continents. We’d never had a global view of our organization,” explained John Smith, Data Warehousing Manager. “We

Supply Chain Planning Software 150

Supply Chain Planning Software Logility Supply Chain Optimization Supply Chain Software 150

GlobalTranz

JULY 28, 2021

That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. Managed transportation is about streamlining and centralizing the whole process of both inbound and outbound logistics, ranging from warehousing through delivery.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

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

ToolsGroup

DECEMBER 16, 2021

Whereas retailers once purchased merchandise largely based on the gut instinct of trend-savvy buyers and the push of whatever manufacturers tried to sell them, nowadays, they need to take a much more customer-focused and data-centered approach. Take, for example, a product that sells like hotcakes.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

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 103

Optimal Sourcing Sustainability Material Savings Waste Reduction 103

Unleashed

SEPTEMBER 22, 2019

Delivery In Full On Time, or DIFOT, is a metric used to analyse how accurate and efficient your supply chain is. For example, if 100 orders were received and 95 of them were delivered accurately, in totality and at the right time, then the DIFOT value is 95%. Your supply chain is the very lifeblood of your business.

Metrics 61

Metrics Supply Chain Design Software Inventory Management Software Forecasting Software 61

Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health, a global manufacturer and distributor of medical, surgical and laboratory products, is focused on continuous improvement of service. The Cardinal Health Supply Chain Cardinal Health’s medical segment manufactures, sources and distributes Cardinal Health branded medical, surgical and laboratory products. Count them!

Supply Chain Planning Software 176

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 176

Kanban Logistics

APRIL 30, 2020

Makers of all types of products turn to third-party logistics (3PL) providers to optimize warehousing and distribution operations in order to meet modern supply chain demands. A warehouse that has temperature-controlled space utilizes cooling (and/or heating) units to keep the temperature within a set range. Air conditioned.

Warehousing 52

Warehousing Food Distribution 3PL 52

Logility

AUGUST 25, 2020

Maybe, but what is certainly clear from the examples is that the complexity of modern supply chains requires better visibility into every phase of production and distribution. Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. First contact resolutions.

Supply Chain Planning Software 173

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

ThroughPut

MAY 3, 2024

It’s not just about merely managing trucks and warehouses anymore; it’s about seeing the big picture (of your entire supply chain!) From a manufacturing perspective, the best logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

Logistics Viewpoints

DECEMBER 7, 2021

Workforce shortages and other challenges abound throughout all transportation sectors, and while this may revitalize investments in localized manufacturing, expanded warehousing to hold more inventory, and other efforts, these changes do not solve today’s issues. Manufacturers also adjusted.

Capacity 192

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 192

GlobalTranz

JULY 20, 2015

For instance, a growing number of cell phone manufacturers have established procedures in place for consumers who wish to return an older model and ensure that the device is refurbished or recycled rather than dumped into the local landfill. Importance of Metrics in Reverse Logistics Management. How much value is recaptured?

Reverse Logistics 120

Reverse Logistics Supply Chain Planning Software Supply Chain Network Software Optimization Software 120

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 190

Forecasting Forecasting Software Modeling Optimal Sourcing 190

Unleashed

APRIL 29, 2024

Work in process (WIP) inventory is typically found in manufacturing environments where goods undergo various stages of processing before being sold or used. Tracking WIP inventory is important for monitoring production efficiency, identifying bottlenecks, and managing costs within the manufacturing process.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Inventory Expense Reduction 52

AB&R

MARCH 4, 2022

Warehouse receiving impacts all aspects of operations, from inventory management to logistics. In addition, with labor costs accounting for 50 to 70 percent of average warehouse budgets, wasted footsteps and employee errors cost money and reduce productivity. These restrictions can harm worker morale and productivity.

Waste Reduction 52

Waste Reduction Inventory Reduction Warehousing Six Sigma 52

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. Robots move products through the warehouse, allowing workers to focus. By David Paquin | Director of Industrial, Locus Robotics. Unfounded concerns.

Supply Chain Design Software 98

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

OptiProERP

JANUARY 17, 2024

The ways in which manufacturers extract and apply business intelligence (BI) are in transition. Depending on a variety of factors, manufacturers are relying on everything from manually produced spreadsheets to inflexible legacy ERP systems all the way to “smart manufacturing” approaches utilizing IoT and even IIoT.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Design Software Supply Chain Planning Software 52

Supply Chain Shaman

MARCH 5, 2019

For example, the goal is not track truck location, but to provide insights on location in context with a delivery appointment. For example, will the truck be late to arrive against a pre-established appointment. Contract manufacturing or 3PL data often will have a 24-hour latency due to batch integration. 2) Latency. 2) Latency.

Supply Chain Design Software 293

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 293

Supply Chain Collaborator

MARCH 22, 2016

Troublesome delays can occur while assets are on the yard at DCs, warehouses or manufacturing facilities. . __. Troublesome delays can occur while assets are on the yard at DCs, warehouses or manufacturing facilities. The post Logistics Metrics You Didn’t Know You Should Be Watching appeared first on UltraShipTMS.

Metrics 60

Metrics Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software 60

GlobalTranz

FEBRUARY 25, 2021

For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. For instance, goods move from the customer to the distributor or to the manufacturer. Normally, logistics deal with events that bring the product towards the customer.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

EazyStock

MARCH 14, 2023

However, most businesses need more advanced and customized systems , such as a warehouse management system (WMS) or inventory optimization software. Inventory management systems increase the accuracy of inventory management and automate the work processes required to manage items well in the warehouse.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

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

Logistics Viewpoints

FEBRUARY 21, 2022

A network design model figures out where factories and warehouses should be located. SCP solutions set target service levels , for example 99% for the most important customers and 95% for the rest, and achieves those service level targets at the lowest cost. Here the savings are based on transportation and facility cost savings.

Supply Chain Planning Software 258

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 258

Supply Chain Shaman

OCTOBER 25, 2021

For example, “Why is it so difficult to get a container unloaded?” Warehouses are full and shelves are empty. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Figure 1: Current State of a Global Manufacturer of White Goods. ” The answer is complicated and multi-faceted.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195