QAD

AUGUST 12, 2021

We will see the continued adoption of a wide range of sustainability efforts across manufacturing verticals, from automotive to food and beverage to life sciences. Lean techniques have played a key role over the years to improve operational performance and save money. Sustainability Objectives for Manufacturers.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

Unleashed

NOVEMBER 15, 2021

Then back-end systems pair tailored financial products and services to the customer based on those metrics. For example, a manufacturer may produce the same food item for six different retailers but each receives its own branding, packaging size or label. Manage costs by going lean where you can go lean, and stay agile everywhere else.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Forecasting Software 98

Supply Chain Shaman

AUGUST 5, 2015

Overall Results on the Supply Chain Metrics That Matter. In the last five years, consumer products and food/beverage leaders faced different challenges. Overall, in the industry, there is more forward momentum in consumer products sector than the food/beverage peer groups. How Have They Done? They cannot be grouped together.

Agile and Lean Supply Chain 150

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain 150

Supply Chain Shaman

JANUARY 28, 2015

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). What suppliers need help with cost (LEAN, labor, freight,…)? Delivery Metrics: Perfect order delivery although good to continually refine. Third Phase: 2013-future.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Unleashed

JULY 23, 2023

KPIs in manufacturing are quantifiable production metrics used by manufacturers to measure production performance over time. As a metric, it’s the time you budget to manufacture each part or component. This metric represents the amount of time you lose when switching a production line from one product to another.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

Supply Chain Game Changer

NOVEMBER 14, 2018

A carbon emissions reduction strategy must take all Suppliers into account, not just the impact from your in-house facilities. Further your Supplier selection and management plan must include reporting on environmental emission metrics along with reduction goals and performance tracking. Logistics/Link Supplier Selection/Management.

Waste Reduction 59

Waste Reduction Material Savings Resource Reduction Cost Reduction Strategies 59

Unleashed

JANUARY 14, 2024

For this reason, food manufacturers in particular run a high risk of spoilage and waste. Implement lean manufacturing Lean manufacturing is a business philosophy that aims to eliminate waste and improve efficiency in production processes.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. Lean manufacturing concept has been implemented widely in the automotive industry so the case studies about lean manufacturing is very readily available.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Supply Chain Shaman

FEBRUARY 18, 2013

When the panelists were asked why the level of inventory for the average pharmaceutical companies is 3X higher than their process peers in food, consumer products or chemical companies, Ken Thomas spoke of the need for high service and the commitment for patient care, but he also agreed that the current levels of inventory are not affordable.

Pharmaceutical 169

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 169

Kinaxis

SEPTEMBER 28, 2015

Smartwatches, drones, jetpacks, robot housekeepers, a food replicator and even a flying car that could transform into a briefcase. Decades later and a sizable amount of that technology has hit the mainstream market (can anyone say Apple Watch ?) Internet of and for Things. Now that may sound eerily familiar to some of you.

Supply Chain Software 100

Supply Chain Software Supply Chain Planning Software Analytics Software Logistics Network Optimization Software 100

RFgen

JANUARY 23, 2023

Mobility enables you to run a lean warehouse with optimal inventory flows. Reliable inventory metrics enable collaborative forecasting to improve working capital, clearly separating fast-moving stock from underperforming inventory. More work can be completed at higher quality in less time with fewer staff.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Modeling Software 52

SYSPRO Smarter ERP

MARCH 14, 2022

Food and beverage manufacturing and distribution companies usually operate on smaller margins than most organizations in other industries. Unfortunately, a significant chunk of food and beverage companies’ raw materials are commodities, whose prices don’t just fluctuate from month to month but can change hour-by-hour.

Manufacturing Procurement 105

Manufacturing Procurement Cost Reduction Strategies Material Savings Beverage 105

Supply Chain Shaman

FEBRUARY 12, 2017

We are not as mature as CPG or Food/Beverage. We also have strong manufacturing culture and high focus on “Lean” initiatives. Previously I worked at Nestle, and I want to start by recognizing that pharmaceutical companies have different supply chain maturity levels compared to companies in the fast-moving consumer goods industry.

Pharmaceutical 150

Pharmaceutical Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design 150

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During Food and Beverage Company Performance on the Supply Chain Index for the Period of 2006-2012. In our program, cost avoidance, while desirable, does not count towards the metric. We named it the Supply Chain Index. Our aim was to maintain a 3 to 3.5

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

Supply Chain Game Changer

NOVEMBER 11, 2018

Then I went into Contract manufacturing and gained some great exposure to lean, became black belt certified and saw what best in class Supply Chain operations really looked like. Have balanced, relevant and valid metrics. Plus, metrics protect you. I will never forget that 6 months. all related to not being a seagull!

SCM 43

SCM Supply Chain Planning Software Buyer Training Supply Chain Software 43

Supply Chain Collaborator

NOVEMBER 25, 2019

The shortsightedness of shippers who stopped making these efforts results in costly liabilities when lean times return. Increase control over their DCs/yards with the ability to capture and measure gate in/out times, loading/unloading times and other throughput metrics to ensure timely operations.

Cost Reduction Strategies 83

Cost Reduction Strategies Capacity Lean Metrics 83

6 River Systems

JULY 21, 2020

These variances exist across industries, from food and beverages to electronics, automotive, cosmetics and others. First, there needs to be a metric to improve. Implementing JIT principles will ensure the supply chain is lean and performs at peak efficiency. Even within each industry, the needs of different companies vary.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Modeling 52

Unleashed

DECEMBER 28, 2021

In these fast-moving days of technological advancement and economic change, a lot of manufacturers are talking about going ‘lean’. One major aspect of running a lean business is reducing inventory – that is, a reduction in the amount of inventory your organisation keeps on hand at a given time. Read more: What is Inventory Management?

Inventory Reduction 86

Inventory Reduction Cost Reduction Strategies Waste Reduction Expense Reduction 86

6 River Systems

OCTOBER 14, 2022

The petroleum, building and food industries effectively put this principle to work. Pioneered most notably in the automotive industry in the turbulent 1970s, the just-in time-inventory technique is extremely efficient because of its inherent leanness, but it tends to create completely unforeseen problems. JIT (Just in Time).

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

Logistics Viewpoints

OCTOBER 26, 2021

Supply chains must be connected and collaborative so all links can align to business strategy and oriented toward a common set of the most important metrics (and not functional metrics that drive siloed behavior). Animals that try to take a bite out of a cactus seeking food or moisture will get bitten back by those thorns.

Supply Chain Design Software 219

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software Pharmaceutical 219

Arena Solutions

JUNE 15, 2021

Food and Drug Administration (FDA) issued 422 citations or observations (i.e., Establish and document standards and metrics for measuring the performance of these processes to ensure that quality outputs are always the end result. Other common tools include Six Sigma, lean, and total quality management. In 2020 alone, the U.S.

Resource Reduction 87

Resource Reduction Waste Reduction Six Sigma Policies 87

Supply Chain Shaman

FEBRUARY 25, 2016

There is a belief that the efficient response—the tightly integrated lean supply chain—defines supply chain excellence. He hires a team of doctors and mental health professionals to track the shifts in his body as he changes his diet to a low-fat diet based on commercially available foods. If this is you, don’t accept the status quo.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Silvon Software

APRIL 29, 2022

Key performance indicators (KPIs) in inventory management are metrics that help you monitor and make decisions about your stock. The Stratum data hub collects, organizes and stores data from multiple sources and serves as a single version of the truth for helping our clients analyze performance KPIs and metrics across their businesses.

Optimal Sourcing 106

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 106

Supply Chain Shaman

JUNE 26, 2016

” Entertainment and fast food globalized fast. The winners drive improvement while posting financial results in the Supply Chain Metrics That Matter ahead of the peer group. A Supply Chain Leader will make progress on both of these key metrics with a very tight and controlled pattern.

Supply Chain Design Software 197

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 197

Unleashed

SEPTEMBER 10, 2020

In this article we’ll first look at practical ways to measure productivity in the workplace, and then at some of the practical metrics and KPIs that help business owners and managers lift productivity. Our toy makers now have a valuable metric for understanding productivity in their factory. Deciding on an output. On-time Assembly.

Material Savings 86

Material Savings Expense Reduction Waste Reduction Cost Reduction Strategies 86

The Lean Supply Chain

JULY 7, 2015

RTLS also enables management to monitor yard operations’ key performance indicators (KPIs) based on quantifiable productivity metrics measured by the actions of the yard trucks. Much demand comes from Retail distribution needs YMS: Grocery (food) distribution is the highest volume commodity that people consume.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Modeling Software Demand Planning Software 40

Supply Chain Action Blog

JULY 8, 2021

Imagine that Amanda (a completely imaginary person) is a demand planner at Kool Komfort Foods ( a completely imaginary company , also branded as K2), a nationwide producer of healthy comfort foods. What metrics should I use to measure forecast accuracy? Metrics and Measurement. How should I consume the forecast?

Forecasting 40

Forecasting Forecasting Software Optimal Sourcing Modeling 40

GlobalTranz

DECEMBER 30, 2014

Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible? Our shipper company, is a 92-year-old food service equipment and supply company. Read the Full Blog Post.

Expense Reduction 232

Expense Reduction Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 232

6 River Systems

JUNE 29, 2020

Consumer demand across many product categories experienced a sudden shift, as well, with demand for essential products like food, cough medicine, disposable gloves and toiletries increasing sharply, while demand for non-essentials like clothing and jewelry declined sharply. ” — Michael Varney and Wil G. Safety stock is ‘bad.’

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

IQMS

AUGUST 20, 2020

A leading plastics global plastics manufacturer has standardized on Overall Equipment Effectiveness (OEE) as one of their primary metrics based on its proven value in stabilizing every production machine on their shop floor. Lean manufacturing and total productive maintenance (TPM) are the foundations of OEE.

Sourcing Strategies 122

Sourcing Strategies Manufacturing Procurement Software Metrics 122

Arena Solutions

MAY 25, 2021

Food and Drug Administration (FDA) Compliance. Establish and document standards and metrics for measuring the performance of these processes to ensure that quality outputs are always the end result. Other common tools include Six Sigma, Lean, and total quality management. ISO 14971 (Risk management for medical devices).

Quality 70

Quality System Resource Reduction Waste Reduction 70

Kinaxis

MAY 24, 2018

Dana stated that leading supply chain organizations such as Amazon are looking for disruptive skills such as Lean/six-sigma, SQL, project management, R, Perl, and Python in addition to the core supply chain skills, as compared to lagging organizations primarily looking for ERP and excel skills.

Gartner 111

Gartner Supply Chain Execution Conference Supply Chain Planning Software 111

ThroughPut

MARCH 30, 2020

In fact, in the last 6 weeks alone, I have personally been to the front lines of Yokohama, Milan, New York, and San Francisco , working alongside some of the world’s most professionally-committed food manufacturing & distribution, plastics manufacturing, and industrial operations personnel.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 52

SYSPRO Smarter ERP

MAY 25, 2022

And if you’re operating in a highly regulated industry such as medical devices, automotive, or food and beverages, you also need to adhere to strict compliance guidelines. This could lead to: An absence of quality metrics that make it tough to determine if you’re efficiently and consistently producing high quality products.

Manufacturing Procurement 105

Manufacturing Procurement Quality Optimal Sourcing Manufacturing 105

ThroughPut

MARCH 30, 2020

In fact, in the last 6 weeks alone, I have personally been to the front lines of Yokohama, Milan, New York, and San Francisco , working alongside some of the world’s most professionally-committed food manufacturing & distribution, plastics manufacturing, and industrial operations personnel.

Manufacturing Procurement 14

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 14

6 River Systems

DECEMBER 5, 2019

Picking also directly impacts the throughput metric, hence improving the productivity and speed of the picking process, which directly improves the throughput of the distribution center. ” – How to Improve Order Picking , LEAN Material Handling; Twitter: @HandlingLean 11. Create extra space in your warehouse.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

Unleashed

FEBRUARY 3, 2022

The lean assembly line is a critical part of the broader lean manufacturing method – which is now a common approach modern manufacturers take to cut costs and achieve greater profits. So what does a lean assembly line actually involve, how do you set one up, and how do you avoid common mistakes?

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Lean Waste Reduction Inventory Management Software 98