ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. GPS : Global Positioning System (GPS) is a navigation system that depends on satellites to locate vehicles anywhere on Earth. Read more. . Read More. . Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

ShipBob

OCTOBER 1, 2021

This question is at the heart of any lean supply chain strategy. By implementing the right process improvements, technology, and efficiency optimizations, merchants can create a lean supply chain that: Significantly cuts their logistics costs. What is a lean supply chain? Why retailers are creating lean supply chains.

Agile and Lean Supply Chain 52

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

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. Manufacturing KPIs. can be measured to define this metric. can be measured to define this metric.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Supply Chain Shaman

JULY 25, 2021

As supply chains moved from regional to global, intransit and cycle inventories increased. The Focus Inside-out Supported by Functional Metrics. Lean, Blockchain, Industry 4.0, Instead, the path requires a redefinition of process, metrics, and capabilities. Preparing for the Supply Chain Insights Global Summit.

Procurement Analytics 370

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

OptiProERP

NOVEMBER 14, 2023

In an era where environmental concerns are taking center stage, sustainability has emerged as a critical driver of success for manufacturers, big and small. Governments, consumers, and stakeholders increasingly prioritize sustainable practices, urging manufacturers to reevaluate their operations.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

Supply Chain Shaman

OCTOBER 10, 2017

Peggy was a speaker at the Supply Chain Global Summit. When her employees kept breaking their tablets on the production floor, Peggy used lean-production thought processes to innovate for new answers. AGCO’s culture of innovation policy deployment enabled employees to pioneer a technology solution for manufacturing. About Agco.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Material Savings Supply Chain Software 152

synchrono

MARCH 6, 2017

I keep seeing the word efficiency in the manufacturing media. When we look at the organizations of today, words like efficiency and productivity get thrown around with little understanding of what is required to improve one of these measurements (metrics). Measure efficiency and productivity against your REAL goal.

Metrics 82

Metrics Waste Reduction Resource Reduction Cost Reduction Strategies 82

The Logistics of Logistics

JULY 19, 2023

Ben is Vice President of Managed Services at Coyote Logistics , a leading global third-party logistics provider. About Ben Steffes Ben Steffes is Vice President of Managed Services at Coyote Logistics, a leading global third-party logistics provider. Ben Steffes and Joe Lynch discuss 3PL outsourcing trends. 81% were from the U.S.,

3PL 141

3PL Trends Third Party Logistics Milwaukee 141

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

SCMDOJO

APRIL 29, 2024

Whether you’re a business owner, manager, or simply curious about the inner workings of the global economy, this article will provide you with a solid foundation. From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey.

Supply Chain Planning Software 83

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 83

QAD

AUGUST 12, 2021

Sustainable manufacturing refers to the ability to manage manufacturing operations “in an environmentally and socially responsible manner,” according to the Organization for Economic Cooperation and Development. Sustainability Objectives for Manufacturers. Where Does ERP Come into Play with Manufacturer Sustainability Efforts?

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

The Logistics of Logistics

FEBRUARY 1, 2021

He has managed onshore/offshore/war zone logistics as well as batch, continuous, and discrete manufacturing setups. His production teams were responsible for billions of dollars of hydrocarbon output to the global economy. Ali joined his first tech startup while still an undergraduate student at the University of Pennsylvania.

Supply Chain Design Software 189

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Optimization 189

Supply Chain Game Changer

NOVEMBER 15, 2018

Check out 10 Signs You Should Reboot Your Lean Program! Implementing a Lean program on the Manufacturing floor, in a Warehouse operation, or in a Distribution Centre is challenging enough. And your Lean program has at its core the objective of making these operations as efficient as possible. Email Address. Environment.

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Lean Purchasing Training Negotiating Skills 43

QAD

MARCH 9, 2023

Instead, geopolitical, inflationary and environmental forces have created new challenges for manufacturers and their supply chain partners. Continual disruption is now the new normal, and it’s weighing on profitability and making it difficult for many companies to maintain lean, agile operations.

Agile and Lean Supply Chain 94

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 94

synchrono

AUGUST 4, 2015

Here we are at the final installment of our four-part, Sandpaper blog series about when to use the tools of Lean Manufacturing, the Theory of Constraints (TOC) and Six Sigma to address constraints, drive flow and promote continuous improvement. There are some improvement metrics that in my opinion, are based on funny numbers.

Six Sigma 75

Six Sigma Agile and Lean Supply Chain Lean Continuous Improvement 75

4WL Consulting

JUNE 12, 2015

#1 Globalization of Manufacturing Operations With increasing globalization, manufacturing operations usually take place beyond borders. This heightens the need for having a global procurement network which can support and respond to a company’s supply chain needs in a timely manner.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Expense Reduction Inventory Reduction Resource Reduction 100

Supply Chain Shaman

AUGUST 5, 2015

These consumer products global leaders paved the road for supply chain excellence by defining new supply chain practices. Over the last decade, each company took a different path to power global growth. Overall Results on the Supply Chain Metrics That Matter. This is a global market. Procter & Gamble. Kimberly-Clark.

Agile and Lean Supply Chain 150

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

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. This includes implementing lean manufacturing principles and utilizing advanced planning software, so businesses can optimize production processes and minimize waste.

Optimal Sourcing 75

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 75

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. Production Lead Time: Encompassing manufacturing, quality control, assembly, and related processes. Each type of lead time can impact the global process.

Inventory Reduction 76

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 76

NC State SCRC

NOVEMBER 2, 2023

When I was there, an employee’s base pay came every 4 weeks, and it would go up based on hitting certain metrics – Net Sales and Return on Total Assets. The only metric that mattered was how you were doing vs. the market and the competition – were you getting a lower price than Hershey or Nestle? I’ve never seen a culture like that!

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

QAD

JULY 28, 2022

While building an EV requires a significantly smaller manufacturing footprint than what an ICE vehicle requires, many EV manufacturers lack the business systems and connections to support their production. Episode #10: Maps & Metrics. ” Episode #7: Reflections of the Auto Supply Chain Prophets. .”

Agile and Lean Supply Chain 96

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 96

The Lean Supply Chain

APRIL 24, 2015

Supply Chain management is one of the main disciplines of any economic sector from manufacturing to distribution to retail. Include the need for Continuous Improvement and implementation of Lean initiatives: 5S, Kaizen, Kanban and Six Sigma… The consumer phase is a significant stage in the wine’s life cycle.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Lean Six Sigma Supply Chain Software 40

synchrono

OCTOBER 16, 2017

In 2015, McKinsey Global Institute claimed that the IIoT had the potential to create as much as $3.7 trillion in economic value in the global manufacturing sector by 2025. Before the IIoT, manufacturers had to guess how long a piece of equip ment would last and when it would need maintenance.

Big Data 104

Big Data Predictive Analytics Software Data Analytics Software 104

The Logistics & Supply Chain Management Society

APRIL 26, 2022

The evolving pandemic, growing geopolitical tensions, nervous financial markets and increasing economic uncertainty means supply, both globally and locally, is at the very least, uncertain. In fact, global freight rates have increased tenfold since the start of the pandemic. GLOBAL CRISES DRIVE PRICES SKY-HIGH.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

ThroughPut

NOVEMBER 12, 2020

Warehousing is a vital function of global supply chain management, however often overlooked. Whether manufacturers rely on ground, rail or sea to reach end-customers, the extent of disruption is unprecedented and this creates a need to rethink their warehouse fleet and carrier strategies. Lean warehousing. Digital warehouse.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

Supply Chain Shaman

JUNE 29, 2014

With the purchase of i2 by JDA, and Logictools by IBM, manufacturing companies serious about network design started looking for a company, with a well-established community, that was more serious about network design. Mergers and Acquisitions and the Management of Global Operations. The reason? Value-based Analysis.

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

Supply Chain Shaman

JANUARY 28, 2015

In our work on the Supply Chains to Admire report , we tracked the progress of manufacturing, retailing and distribution companies for the period of 2006 to 2013 and 2009-2013. 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).

Supply Chain Design Software 150

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

American Global Logistics

SEPTEMBER 12, 2023

Overview of Supply Chain Management Supply chain management encompasses the planning, sourcing, manufacturing, and delivery of products or services. Lean manufacturing and just-in-time production minimize waste and inventory levels while maximizing efficiency. This innovation significantly increased efficiency.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

Kinaxis

JUNE 12, 2017

I will lean on the Supply Chain Planning space as an example and relate to the broader shifts in the role of IT in supply chain management. Large global IT organizations are realizing that “one size fits all” approaches don’t work with regions with varying degrees of maturity. Let us examine the shifts that happened.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Supply Chain Software 233

Resilinc

FEBRUARY 22, 2021

But to make their strongest case, SCRM advocates need to focus on one key metric: return on investment. Collaborate with stakeholders in finance, sales, manufacturing, etc., The business case should demonstrate how SCRM can strengthen lean and just-in-time initiatives. ROI analysis: core to a strong business case.

Supply Chain Risk Management 62

Supply Chain Risk Management Risk Management Supply Chain Design Software Agile and Lean Supply Chain 62

DiManEx

JUNE 18, 2019

DiManEx makes 3D Printing embedded in industrial supply chains accessible to manufacturing companies with a global footprint at a click of a button with a unique digital supply platform. Define and monitor commercial success metrics through analytics and user feedback. ? Experience with Lean Startup methodologies. ?

Analytics Software 53

Analytics Software Supply Chain Network Software Optimization Software Waste Reduction 53

Unleashed

JULY 23, 2023

Key Performance Indicators (KPIs) help manufacturers determine operational strengths and flaws. By tracking the right manufacturing KPIs in your production operations you can accurately monitor performance to ensure the consistent and timely delivery of quality products. In this manufacturing KPIs guide What are KPIs in manufacturing?

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

New Horizon Supply Chain Blog

AUGUST 30, 2023

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S. Adrian Mitchell, CFO, Macy’s, Inc.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Supply Chain Shaman

MAY 21, 2013

Medical Device Manufacturer. We have used Lean process systems and swim-laned ourselves to death. While hospital supply chain organizations have made progress in the last decade, the gap has widened between the supplier sectors of pharmaceuticals and medical device manufacturers and other manufacturing industries.

Modeling 239

Modeling Modeling Software Pharmaceutical Procurement Analytics 239

synchrono

AUGUST 6, 2018

Manufacturing productivity is a useful metric for measuring the health of manufacturing at a national or global level because it tells us something about whether our factories, in general, are working or sitting idle. But at the level of the individual factory, productivity as a performance metric can be problematic.

Metrics 40

Metrics Manufacturing Lean Continuous Improvement 40

FourKites

JANUARY 7, 2021

Emphasizing agile and lean logistics management will allow you to outperform slower competitors through the ability to make informed decisions on the fly, rather than relying on gut instinct or incomplete information. What is the Difference Between Lean and Agile Supply Chains? That only increases the odds of making the wrong decision.

Agile and Lean Supply Chain 52

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