Arena Solutions

SEPTEMBER 26, 2023

Although the technology was considered cutting-edge, it was too slow, difficult to maneuver, and did not adequately address market needs. operations, quality, procurement), contract manufacturers, and suppliers in design reviews and gather their input early on. Involve downstream product team members (e.g.,

Supply Chain Design Software 84

Supply Chain Design Software Expense Reduction Cost Reduction Strategies Optimization Software 84

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. The average hospital spends nearly 30% of its overall non-labor operating expenses on supply chain expenses. 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

GlobalTranz

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturers will seek custom (or specifically tailored) e-commerce solutions.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

GlobalTranz

JUNE 16, 2015

Throughout the course of business, business owners, who may be in the manufacturing, retail, or in another industry, find themselves focusing on innovation. In fact, the annual ChainLink Research Study found innovation to be the top focus for those involved in the manufacturing community. Innovation Reduces Risk to Businesses.

Manufacturing Procurement 120

Manufacturing Procurement Innovation Manufacturing Purchasing Skills 120

GlobalTranz

SEPTEMBER 22, 2016

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. The age of technology has the potential to dramatically reduce inefficiencies in the supply chain.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 120

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Today’s supply chain—with greater outsourcing, global manufacturing, and complex bill of materials–requires synchronization of the links.

Optimal Sourcing 174

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 174

GlobalTranz

JUNE 27, 2016

Reusable packaging goes far beyond just reducing packaging costs. It can affect five key areas of your business in addition to reducing your packaging costs up to 90% in some cases. Click on any of the companies above to read how reusable packaging increased revenue, cut costs and reduced carbon footprints. .

Material Savings 140

Material Savings Packaging Waste Reduction Expense Reduction 140

GlobalTranz

OCTOBER 14, 2015

Technology can help to simplify your supply chain management, which will enable your business to operate more efficiently, give you more visibility and control over your inventory, and help to reduce your operational costs. Source: Morai Logistics. Computerized Shipping and Tracking. Check out the infographic below for all the facts!

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Supply Chain Network Software 120

Unleashed

NOVEMBER 17, 2021

For the electronics industry in particular serial tracking is crucial: with small expensive parts, and after-sales service often critical (and time-consuming), it’s important that you know exactly what components you – and your customers, have on hand. The subsequent mass product recall is said to have cost the company $5.3

Electronics 98

Electronics Industrial Industry Inventory Management Software 98

GlobalTranz

JUNE 8, 2017

Each industry has its peculiarities, among the others, in the logistics, manufacturing, and supply. It also reduces your resources and improves processes. Managers can control the operation efficiently as the relevant information comes from different sources, timely and all the members have access to its current updates.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Resource Reduction Cost Reduction Strategies Modeling Software 200

GlobalTranz

MAY 21, 2015

In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supply chain visibility. Managers should ensure that a firm’s transportation strategy supports its competitive strategy.

Supply Chain Planning Software 120

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Software Sourcing Strategies 120

GlobalTranz

SEPTEMBER 8, 2015

For example, the carrier may need to know how to handle delicate items, manage private and rented fleets, budget expenses, conduct international trade, ensure compliance to regulations, maintain safety, and make sure all KPIs align across the manufacturer-to-delivery route. Shipping Strategy. Organization. Processes.

Expense Reduction 120

Expense Reduction Cost Reduction Strategies Shipping Supply Chain Planning Software 120

Requis

OCTOBER 30, 2020

I was at an expensive school, but wasn’t suited to school life, so I was “invited to seek my fortune” at the age of 15. Manufacturing sites have been rationalized in terms of, “we don’t need five factories in this country, we only need three, then two, then we don’t need them at all, we’ll move them to China”. I was a rowdy kid.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Jaggaer

JANUARY 28, 2020

Last week, Director of Product Management Georg Rösch hosted a webinar that asked the question, “Why is it important to take a holistic approach to supplier management?” Missed the first webinar? This is great news for the procurement function! Purchasing. Subjective points can be extremely expensive to try to monitor.

Negotiate Pricing 59

Negotiate Pricing Negotiating Skills Purchasing Skills Manufacturing Procurement 59

GlobalTranz

AUGUST 21, 2017

Editor's Note: As a transportation management solutions company, Cerasis aids manufacturing companies in streamlining logistics & transportation in order to gain efficiency and reduce costs. In fact, if manufacturers or industrial companies aren't effective at marketing, they aren't able to gain new customers to ship freight to!

Manufacturing Procurement 152

Manufacturing Procurement Optimization Software Manufacturing Expense Reduction 152

GlobalTranz

APRIL 6, 2017

On one hand, it would be great to have brand new manufacturing equipment. You need to justify the expense based on factors relating to both obsolescence and business goals. Why Upgrade Your Manufacturing Equipment? There are four big picture reasons to upgrade your manufacturing equipment. The Big Picture. Performance.

Manufacturing Procurement 174

Manufacturing Procurement Manufacturing Vendor Strategies Expense Reduction 174

GlobalTranz

JULY 14, 2015

In some cases, human intervention and input will be completely eliminated. Most manufacturing processes heavily rely on the use of machinery. For example, a machine may need to have a specific part replaced every three months, but periods of increased demand could mean the manufacturing entity is placed at maximum capacity.

Internet of things 120

Internet of things Supply Chain Software Supply Chain Optimization Supply Chain Strategy 120

Supply Chain Shaman

NOVEMBER 27, 2016

The SAP acquisition of Ariba slowed innovation and the purchase, and then the failed promise of investment in Crossgate was disappointing to SAP supply chain business users. Could we use Open Source Hadoop to process transactions across all networks with powerful in-memory processing? My interest is in direct material spend.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Trends Prescriptive Analytics Software 150

GlobalTranz

JUNE 9, 2015

Once upon a time, there were fewer manufacturing entities in the world, and shipping companies clamored for relationships with each and every business. By outsourcing to a transportation management provider, you can reduce your in-house expenses on shipping processes. Improved Employee Satisfaction. Analysis of Big Data.

Transportation Management 120

Transportation Management Transportation Expense Reduction Logistics Network Optimization Software 120

Logility

AUGUST 25, 2021

Adjusted net earnings for the quarter ended July 31, 2021, which excludes non-cash stock-based compensation expense and amortization of acquisition-related intangibles, increased 28% to $3.6 GAAP net earnings for the quarter ended July 31, 2021 increased 45% to $2.9 million or $0.09 per fully diluted share compared to $2.0 million or $0.06

Supply Chain Planning Software 130

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software Demand Planning Software 130

SYSPRO Smarter ERP

FEBRUARY 22, 2024

Many manufacturers struggle to optimize warehouse productivity and attract skilled employees. An ERP system that incorporates a cutting-edge warehouse management system (WMS) can help you optimize processes, streamline workflows and decrease errors. Inefficient working conditions and manual work only worsen the problem.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

ThroughPut

SEPTEMBER 29, 2022

Thus, organizations can eliminate the uncertainty of today’s market conditions and rapidly implement continuous improvements across their entire value chain, resulting in meaningful positive impacts to the bottom line quickly. Key Financial Capabilities.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Resource Reduction Inventory Reduction 52

GlobalTranz

AUGUST 10, 2016

It is important to note the necessity to build strategy of company’s logistics system development and integrate it as a full-fledged component for not less than 10-15 years. 2) Manufacturing and Supply Chain Management at Western Washington University. Strategy and Planning for Effective Operations by Northwestern University.

Supply Chain Design Software 120

Supply Chain Design Software Course Supply Chain Planning Software Price Mitigation Strategies 120

GlobalTranz

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. We relay on guest bloggers and the expertise of others for manufacturing best practices. His 5 golden metrics center on performance management.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

Resilinc

FEBRUARY 21, 2023

Imagine a hurricane is approaching an area where you manufacture important parts that go into your products. As an example, Resilinc’s AI mapping encompasses over a decade of supplier intelligence harnessed from public domain sources. How can you act quickly? Do you know all your supplier sites in that location? Want to learn more?

Optimal Sourcing 62

Optimal Sourcing Supply Chain Optimization Sourcing Strategies Supply Chain Strategy 62

GlobalTranz

DECEMBER 29, 2015

We've already listed the top 10 manufacturing articles, the top 10 supply chain articles, and yesterday, the top 10 logistics articles. Above average increases in freight costs could indicate your expenses are cutting into your bottom line. Give those lists a quick scan to check out some of the best and brightest.

Transportation Management 120

Transportation Management Transportation Cost Reduction Strategies Sourcing Strategies 120

ShipBob

MARCH 30, 2020

Ecommerce logistics starts with moving inventory from the manufacturer and lasts until it ends up at the end customer’s destination. Suppliers or manufacturers are those who have inventory ready to ship to a business destination. Bulk discounts and ability to reduce your delivery times and shipping costs.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Logistics Supply Chain Design Software Inventory Management Software 90

GlobalTranz

JULY 10, 2015

This is largely due to consistent new job creation, higher net income of individuals, and increasing household net worth, lower rates of inflation, and reduction in the cost of gas prices. Ultimately, less space to store goods, which haven’t been purchased and shipped yet, results in higher cost of storage. percent last year.

Procurement Analytics 120

Procurement Analytics Report Logistics Cost Reduction Strategies 120

GlobalTranz

APRIL 26, 2016

Although our core focus is not on freight forwarding services, we still love to connect the community to providers and technology of value to shippers who are in the pursuit of efficiencies and resource reduction in order to remain competitive. McLean purchases a steamship and a railroad terminal company. Here’s how it happened. .

Shipping 120

Shipping Logistics Network Optimization Software Supply Chain Design Software Modeling Software 120

GlobalTranz

AUGUST 24, 2015

Businesses must decide which routes to use, where to manufacture products, and whether to employ the use of a third party logistics provider. However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). Reduced Risks to the Business.

Price Reduction 120

Price Reduction Expense Reduction Resource Reduction Material Savings 120

GlobalTranz

JUNE 1, 2015

Customer expectations of reliable quality and rapid delivery forces today’s manufacturers to either shorten cycle times or lose business. Lean systems have provided a formidable operating strategy for leaders determined to achieve and maintain optimal operational systems and customer satisfaction levels. Establish time-tables.

Manufacturing Procurement 120

Manufacturing Procurement Waste Reduction Agile and Lean Supply Chain Inventory Reduction 120

GlobalTranz

JULY 6, 2015

The world has changed from the oil days of machine assisted assembly lines and manufacturing processes as more robots have entered the workforce. Robotics is not just a way to help companies, but many manufacturers have recognized how robots can improve their supply chain processes, benefit the company, and drive their future success.

Manufacturing Procurement 120

Manufacturing Procurement Logistics Network Optimization Software Manufacturing Expense Reduction 120

GlobalTranz

DECEMBER 8, 2016

In the past, retail businesses large and small operated by receiving and storing large shipments of product from distributors or manufacturers, which were then put out on store shelves for purchase. Let’s take a closer look at this contemporary business model. . Shipping Product .

Distribution 120

Distribution Modeling Software Optimization Software Demand Planning Software 120

GlobalTranz

JUNE 29, 2017

The extent of a data initiative is not limited to the data produced by the company’s own research, it must include data obtained from external sources as well. In order to reduce the likelihood of inaccuracies, it is vital to implement extra measures like adding picture capture, GPS location and time stamps to recorded events.

Quality 194

Quality Waste Reduction Data Expense Reduction 194

GlobalTranz

MARCH 15, 2017

While trucks have a smaller carbon footprint/kg/km than air freight, the enormous volume of truck freight explains why reducing the carbon footprint is a priority goal. . Add in emissions from fork trucks, yard trucks, 3PLs and there’s almost no way for a shipper to easily assess, track and reduce their carbon footprint. .

Cost Reduction Strategies 120

Cost Reduction Strategies Waste Reduction Expense Reduction Material Savings 120

6 River Systems

JUNE 29, 2020

Not only does retail warehousing enable companies to bolster regional distribution efforts and reduce last-mile delivery challenges, but the repurposing of prime real estate space is a boost to the economy, as well. eCommerce growth and the impacts of COVID-19 In 2019, consumers spent $601.75 billion with U.S. eCommerce retailers, marking 14.9%

Warehousing 52

Warehousing Retail Real Estate Demand Planning Software 52

SYSPRO Smarter ERP

MARCH 20, 2024

For manufacturers, having the right business intelligence on hand at the right time can eliminate the guesswork from decision making, offering real-time visibility into business processes so you can anticipate your next move. Common issues include: Lack of data-source integration. Scarce manpower. Human error.

Manufacturing Procurement 105

Manufacturing Procurement Expense Reduction Optimal Sourcing Cost Reduction Strategies 105