ToolsGroup

APRIL 27, 2022

This is likely to jeopardize a decent and peaceful quality of life outside of work, which serves as a valuable buffer against work-related stress. We spend more quality time with coworkers than our friends or family, and we have no say in who we work with. Steve Pogson, Founder & E-commerce Strategy Lead, FirstPier.

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

Enterra Insights

JUNE 6, 2023

” Cognitive technology solutions, like the Enterra Global Insights and Decision Superiority System ( EGIDS ), can help companies perform important “what-if” exercises to help them anticipate and plan for the future. If not, the decision quality is very low, not likely a better decision.” ” Bain analysts, Michael C.

Resource Reduction 130

Resource Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 130

GlobalTranz

APRIL 6, 2021

Broadline food distributors learned how to price restaurant-quality meat in family-sized packages and coordinate curbside pickup. These systems can help ensure quality and support recalls or other actions when necessary. More consumers purchased bigger, bulkier items – furniture, exercise equipment, etc. Overall, U.S.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Pre-Procurement Before commencing on a Procurement Exercise, it’s important to collaborate with internal stakeholders, including procurement teams, logistics departments, and related teams, to ensure alignment on objectives, requirements, and budgets. Address any performance issues or deviations promptly to maintain service quality.)

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

QAD

AUGUST 19, 2021

This is a series of blog posts digging deeper into the seven keys to building a quality culture, which builds on Nicole Parker’s introduction blog. As a quality professional, I have always kept an eye on the behavior of the military in both their product qualification regimen and the processes they develop for extreme situations.

Quality 98

Quality Military Continuous Improvement Inventory Reduction 98

QAD

FEBRUARY 22, 2024

Inspiring Students for Future Careers in Manufacturing The day started with the Companion Baking and QAD/QAD Redzone teams making sure we were ready for the students by setting up a presentation, finalizing a bread rolling exercise and making sure all team leads were ready to present for each stop the students would make on the factory floor.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Manufacturing St. Louis 93

Logistics Viewpoints

MAY 22, 2023

As you’re working your way through these questions, you’re looking to minimize your commute while maximizing the quality of life for you and your loved ones. Moreover, this exercise might need to be repeated several times depending on how the war proceeds. Their time frame was short and resources limited.

Supply Chain Design Software 179

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 179

Enterra Insights

JANUARY 19, 2023

… This is why competitiveness should be taken into account as one of the key aspects of business viability when assessing the overall quality of business environment.”[1] as well as the quality of control institutions. ”[1] The Toronto Region Board of Trade agrees with that sentiment. External environment.

Resource Reduction 130

Resource Reduction Cost Reduction Strategies Price Reduction Predictive Analytics Software 130

ivalua

JUNE 6, 2019

They have also taken a hardline approach to supplier master data cleansing and standardization which led to a high quality supplier database they continue to work hard to maintain. In this conversation, Cyrille Naux discusses: The business objectives behind Chassis Brakes’ supplier consolidation exercises.

Manufacturing Procurement 100

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Data 100

DELMIA Quintiq

NOVEMBER 6, 2019

This is usually measured by improved output (for the same cost), less downtime, or as a lower cost of quality. If you can invest in a new warehouse tracking system that also helps to reduce quality issues without impacting output, then the benefits of such an investment will be far higher, driving greater profit to the bottom line.

Supply Chain Design Software 149

Supply Chain Design Software Manufacturing Optimization Software Predictive Analytics Software 149

QAD

AUGUST 26, 2021

Because manufacturers are constantly pressured to increase productivity, deliver quality products, delight customers and achieve greater profitability and sustainability, they are turning to new technologies such as artificial intelligence. Focus on data quality and relevance over volume and work with the best data first.

Supply Chain Planning Software 98

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

Enterra Insights

AUGUST 20, 2018

Adaptability is the quality of being able to adjust to new conditions and resiliency is the capacity to recover quickly from difficulties. Companies wanting to survive in a rapidly changing business environment need to foster both qualities. I recommend conducting frequent “what if” exercises to do just that.

Big Data 100

Big Data Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 100

ivalua

JUNE 29, 2021

They have now moved from largely being a reporting exercise, to being a business strategy. These advantages include the increased competition that diverse suppliers bring to an organization, which can directly improve quality and drive down costs. businesses proudly maintain robust supplier diversity programs.

Cost Reduction Strategies 162

Cost Reduction Strategies Supply Chain Strategy Strategy Price Mitigation Strategies 162

ivalua

NOVEMBER 25, 2020

The Procurement team adds tremendous value in many areas, including operational performance, product quality, faster time to market and more. Keep in mind that managing the business’s perception of the Procurement team and the value it provides is an ongoing endeavor, not a one-time exercise. Influence Begins with Good Relationships.

Optimal Sourcing 130

Optimal Sourcing Procurement Gartner Agile and Lean Supply Chain 130

ToolsGroup

OCTOBER 11, 2017

One example that Steutermann cites are segmentation exercises that identify specific items that could be forecast better. Focusing on forecast quality will not translate into improved service level. This helps identify causes of error, and which new forecasting techniques/technologies could correct the situation.

Forecasting 180

Forecasting Supply and Demand Forecasting Software Optimal Sourcing 180

Elementum

JULY 7, 2022

This exercise is also useful in identifying staffing needs, communication, risks, and constraints to ensure project management software is used to its full potential. General ITSM has broad business benefits, but without the dedicated oversight and monitoring tools necessary for top-quality supply chain control.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Forecasting Software Demand Planning Software 78

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Relocation, coupled with the exploration of plausible options such as reshoring and nearshoring, must be considered in any supply chain network optimization exercise. While simple in theory, relocation may be challenging for firms. Business model strategies. Restructure or pivoting a business. MORE FROM THIS EDITION.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

BlueYonder

JANUARY 8, 2024

By seeing the relationship between profit and planet more clearly, decisionmakers should be convinced of investments beyond them just being a tick-box exercise. This includes lead times, demand, supply reliability, product quality, and yield. The mindset is thus shifted.

Optimal Sourcing 81

Optimal Sourcing Modeling Waste Reduction Supply Chain Planning Software 81

Logistics Viewpoints

MAY 25, 2023

We create rules for situations when making decisions is difficult, but AI can increase our productivity and the quality of our decisions by automating the obvious with a more precise prediction, such as predicting lead times. As the economist trio of Agrawal, Gans, and Goldfarb explain , AI makes predictions, which are inputs into decisions.

Supply Chain Planning Software 234

Supply Chain Planning Software Supply Chain Software Negotiating Skills Predictive Analytics Software 234

Supply Chain Shaman

FEBRUARY 28, 2021

An exercise that I love to do in my training is to ask business leaders to draw data flow in their current decision processes. Listening posts for sentiment, warranty or quality data. Today, organizations are larger, more complex, and the speed of business is faster. Companies want to make better decisions faster.

Supply Chain Planning Software 373

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 373

Supply Chain Game Changer

OCTOBER 11, 2022

5 Ways to Improve Healthcare Quality! A healthcare facility must ensure they secure sensitive data while simultaneously delivering quality services and adhering to regulatory compliance. This way, the team members will exercise caution when collecting, processing, or consuming healthcare data. Subscribe Here! Email Address.

Security 96

Security Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 96

NC State SCRC

FEBRUARY 13, 2023

Quality/Safety – How is quality defined? What are the capabilities and quality of the people who will be assigned to perform this work? What is the reason you are engaged in the outsourcing exercise? Serviceability – What are the elements of delivery, warehouse operations, and transportation performance?

Optimal Sourcing 83

Optimal Sourcing Procurement Price Reduction Cost Reduction Strategies 83

DiManEx

DECEMBER 3, 2020

Discussing these data points and extracting insights becomes a helpful exercise and results in a transversal approach. They also leveraged our end-to-end workflow solution to go from part assessment to part delivery, including quality control and testing. How the Dutch Armed Forces approached this challenge.

Manufacturing Procurement 81

Manufacturing Procurement Warehousing Case Study Procurement Analytics 81

SYSPRO Smarter ERP

OCTOBER 27, 2021

Exercise trackers like Fitbit or Garmin are part of an IoT network that collects and analyzes data from objects – people. Quality control. By integrating sensors into the manufacturing workflow, quality-critical processes can be monitored by automated systems on a continuous basis.

Manufacturing Procurement 111

Manufacturing Procurement Sourcing Strategies Manufacturing Predictive Analytics Software 111

Arkieva

MAY 26, 2016

When embarking on a customer product segmentation exercise, keep in mind the following pitfalls. For example, Unilin Panels, a Belgian company that produces boards, decorative panels and finished products, conducted a customer segmentation exercise without paying attention to product segmentation. Segmentation is a strategic exercise.

Price Reduction 62

Price Reduction Exercises Eliminating Excel in Purchasing Forecasting 62

Logility

SEPTEMBER 28, 2022

While many companies tout their sustainability initiatives, without the data to back it up, it’s nothing more than a greenwashing exercise. On the supply side, you gain the ability to plan and optimize manufacturing, manage vendors, control quality, and meet compliance and ESG commitments.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 130

ivalua

NOVEMBER 14, 2019

Engage your suppliers in data maintenance by making them accountable for data quality in new and renewed supplier contracts, with penalties for nonperformance. Tip #8 – The process of optimizing SMD can also optimize supplier quality. Optimizing your supplier master data is definitely a worthwhile exercise.

Optimal Sourcing 113

Optimal Sourcing Optimization Software Modeling Optimization Modeling 113

SCMDOJO

FEBRUARY 29, 2024

Your supplier may charge you an agreed-upon price, but if the service is unmarked or the merchandise is of poor quality, you won’t be able to meet your savings goals. Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. How is it possible?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Logistics Viewpoints

SEPTEMBER 7, 2022

But the further up the supply chain BD went, the less incentive suppliers had to participate in these exercises. And total value includes the dimensions of quality, driving innovation in the supply base, and risk. And this would continue until a product supply chain was mapped. Their managers are tasked with improving total value.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

Logility

MAY 12, 2020

However, without a solid foundation trying to adopt Algorithmic Planning, Big Data, and Artificial Intelligence can be an exercise in futility. Machine learning and artificial intelligence capabilities that help automate planning tasks and free up planners to tackle more value added activities are available today.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 134

Enchange Supply Chain Consultancy

SEPTEMBER 17, 2014

The entire sales team is on a team building exercise on a boat. Quality control. I recently blogged about the lack of clarity in general business language and here I take another look at how a few extended supply chain phrases and terms might have alternative meanings. Sales are buoyant. Volumes have softened. Service improvement.

Supply Chain Planning Software 153

Supply Chain Planning Software Supply Chain Software San Francisco Supply Chain Planning 153

Enterra Insights

APRIL 21, 2021

.” Mahendraprabu Sundarraj, an Enterprise Architect at Sunpower, asserts, “The benefits of digital transformation – competitive edge, deduction in operational expenses, and improved product quality – are indisputable.”[6] ” Lichtenberg insists companies that jump on the Industry 4.0

Analytics Software 130

Analytics Software Big Data Predictive Analytics Price Reduction 130

CH Robinson Transportfolio

NOVEMBER 19, 2020

Conduct procurement exercises regularly and often. Regular procurement bids are good for your business because it allows providers the ability to increase the number of flatbed shipments they accept and offer quality service, improving your overall cost savings and performance. If you have highly seasonal freight (e.g.,

Optimal Sourcing 44

Optimal Sourcing Material Savings Shipping Price Reduction 44

Supply Chain Shaman

JANUARY 31, 2017

There are many techniques–lean, six sigma, Total Quality Management–but, the over-arching focus is on managing and reducing costs. In a large company, the average supply chain leader manages hundreds, even thousands, of cost reduction programs simultaneously. In Figure 1, we share some recent survey results.

Cost Reduction Strategies 90

Cost Reduction Strategies Inventory Reduction Six Sigma Agile and Lean Supply Chain 90

Supply Chain Management and Analytics

DECEMBER 9, 2020

The traditional RFI/RFQ/RFP approach does nothing about the risks of actual data quality, integration scalability nor the change management issues that are likely to be barriers to deployment success. A well-run T&L removes all onboarding risks due to return on investment (ROI) estimates, data quality, and integration scalability.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Modeling Software Optimization Software 52

Supply Chain Shaman

FEBRUARY 28, 2021

An exercise that I love to do in my training is to ask business leaders to draw data flow in their current decision processes. Listening posts for sentiment, warranty or quality data. Today, organizations are larger, more complex, and the speed of business is faster. Companies want to make better decisions faster.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 219

SCMDOJO

MARCH 25, 2024

For students eyeing a future in supply chain management, diving into group projects, taking up leadership roles, and making connections at networking events are more than just extracurricular activities – they’re essential exercises in building the soft skills that will define their professional success.

Negotiating Skills 85

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 85