Elementum

FEBRUARY 7, 2024

Especially transformative in manufacturing for predictive maintenance and in supply chain for efficiency, IoT’s real-time data feed enables proactive operational adjustments. Procurement: Automated Procurement Processes AI enhances procurement by automating supplier selection, contract management, and purchase order processing.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Unleashed

JUNE 15, 2023

The Cost of Goods Sold formula is: Opening Inventory + Purchases + Production Costs – Closing Inventory = Cost of Goods Sold Below, we explain what the cost of goods sold (COGS) is, why it’s important for product businesses, and how to calculate COGS using the cost of goods sold formula. What is cost of goods sold?

Purchasing Skills 52

Purchasing Skills Negotiating Skills Examples Cost Reduction Strategies 52

Unleashed

APRIL 12, 2023

For wholesalers and manufacturers, the sheer size of customer orders can make B2B fulfillment a serious challenge: Product volumes directly impact storage and management costs, and increase the damage done whenever mistakes are made. B2B procurement contracts can last for prolonged periods and be worth millions of dollars.

Supply Chain Planning Software 52

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

Logistics Viewpoints

NOVEMBER 21, 2022

On November 4 th , I interviewed Jim Andrew, the Chief Sustainability Officer at PepsiCo, about their environmental, social, and governance (ESG) program. 294 manufacturing facilities produced more than 90 million metric tons of food and beverage in 2021. Scope 2 emissions are indirect emissions from purchased energy.

Supply Chain Design Software 188

Supply Chain Design Software Purchasing Skills North America Resource Reduction 188

Logistics Viewpoints

OCTOBER 7, 2022

Small businesses getting squeezed out in push for warehouse space. 4), convening suppliers, non-government organization partners and others to discuss successes and ongoing challenges with the retailer’s goal to become a fully regenerative company by 2040. Retailers get tough on suppliers for late deliveries.

Logistics Network Optimization Software 185

Logistics Network Optimization Software Real Estate New York Logistics 185

Elementum

FEBRUARY 7, 2024

Inventory Management: AI and ML bring precision to inventory control, automating reorder processes and warehouse organization, ensuring optimal stock levels and reducing waste. The development of digital governance frameworks helps enterprises stay within the legal boundaries while striving for operational excellence.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Unleashed

MARCH 14, 2021

The food supply chain refers to the process of preparing a food product from start to finish: sourcing the raw materials and taking the food through a manufacturing process, through to the final packaging of the product, the sale to the customer and the final delivery. What is the food supply chain? How does the food supply chain work?

Supply Chain Software 97

Supply Chain Software Food Manufacturing Procurement Gartner 97

ShipBob

NOVEMBER 15, 2021

Rather, with time and planning, you can research the most cost-effective supply chain solutions, and factor in hidden logistics costs that you might not remember to budget for otherwise (such as labor, warehouse insurance, and equipment). Procurement and manufacturing. Find the right supplier or manufacturer.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

Resilinc

NOVEMBER 14, 2023

Resilinc’s Rick Freeman weighs in on the future opportunities for high-tech and semiconductor companies Despite the stabilization of the high-tech and semiconductor supply chain, the industry still faces pressure due to ongoing import/export restrictions and changing regulations governing semiconductor production and sourcing.

Supply Chain Strategy 58

Supply Chain Strategy Sourcing Strategies Manufacturing Procurement Supply Chain Software 58

American Global Logistics

OCTOBER 25, 2023

The manufacturing sector cut 12,000 jobs. With that, let’s turn to and analyze PMI-Manufacturing. Key Economic Indicator #5: PMI-Manufacturing The S&P Global US Manufacturing PMI for October 2023 increased to 49.8 Conversely, a score below 50 indicates declining manufacturing activity. The GSCPI rose to -0.69

Price Reduction 52

Price Reduction Inventory Reduction Cost Reduction Strategies Resource Reduction 52

GlobalTranz

FEBRUARY 10, 2017

Government Pressures Will Catalyze Major Decisions. He has threatened to unwind major trade agreements, penalize logistics companies that move operations overseas, including manufacturing and warehousing services, and stifle companies’ plans for growth in emerging markets. Remember the Amazon Barbell?

Third Party Logistics 120

Third Party Logistics Logistics Network Optimization Software Procurement Analytics Purchasing Skills 120

Enterra Insights

AUGUST 20, 2019

Patrick Murphy ( @PMurphy_Work ), partner and practice leader in cognitive manufacturing, at IBM, asserts, “The average factory produces more than a terabyte’s worth of information every day.”[2] The implication is pretty clear — the likelihood of the Ark being discovered in the warehouse is slim to none. They are: 1.

Supply Chain Design Software 100

Supply Chain Design Software Analytics Software Optimization Software Demand Planning Software 100

Supply Chain Shaman

FEBRUARY 23, 2017

Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The The Supply Chain Metrics That Matter are a portfolio of metrics which correlate to higher market capitalization. One of our first focus areas was global governance. In the Process, What Did You Learn?

Agile and Lean Supply Chain 154

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 154

SCMDOJO

AUGUST 16, 2023

Read More: ERP Master Data: A Guide to Improve Quality & Governance ] Role of Data Analysis through Barcode Scanning and Point-of-Sale Systems Data analysis is at the core of Walmart’s supply chain prowess. Walmart’s emphasis on direct procurement is further bolstered by the use of technology and information systems.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

ThroughPut

NOVEMBER 28, 2023

Data integration capabilities: Your supply chain generates data from various sources – inventory systems, production lines, transportation networks, etc. Top-tier analytics software should seamlessly integrate data from these disparate sources, offering a unified view of your entire supply chain.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Unleashed

APRIL 3, 2023

Limited reporting: QuickBooks lacks deeper business insight reporting than surface-level metrics, meaning evidence can’t be produced for certain quality control, profitability, and efficiency decisions. Missing key features for manufacturers: Manufacturers will struggle the most with QuickBooks, due to a lack of key features.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

Supply Chain Game Changer

NOVEMBER 10, 2018

On the supply side, however, there is less and less room for manufacturers to absorb additional costs as volatile input prices put the squeeze on margins and the marketing investment required to differentiate branded products from private-label competitors continues to rise.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 66

USC Consulting Group

NOVEMBER 2, 2021

Supply chain disruptions have been a major challenge for manufacturers, and show no signs of abating. Here, David Newman, Supply Chain Practice Leader for USC Consulting Group, shares his insights into this pressing issue and offers tactics manufacturers can use to mitigate disruption risks.

Supply Chain Disruption 52

Supply Chain Disruption Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

The Network Effect

OCTOBER 3, 2014

Supply chain organizations within the automotive supplier industry contribute to manufacturing excellence in many ways, including quality, cost, and delivery to their OEM and subsystem customer base. From a measurement perspective the key trending metrics at a high level include: Supplier on time delivery.

Supply Chain Network Software 197

Supply Chain Network Software Automotive Modeling Software Supply and Demand 197

Enterra Insights

SEPTEMBER 28, 2020

From demand planning to manufacturing to trade promotion optimization, data is essential for almost every aspect of consumer packaged goods (CPG) company operations. … With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

QAD

FEBRUARY 26, 2019

Manufacturing in Belgium. Typical manufacturing products made in Belgium include engineering and metal products, automobile assemblies, transportation equipment, scientific and precision instruments, chemicals, pharmaceuticals, textiles, glass, petroleum and food and beverages. Manufacturing accounts for about 22 percent of the GDP.

Belgium 66

Belgium Manufacturing Procurement Netherlands France 66

Material Handling & Logistics

DECEMBER 2, 2018

Click the links below to compare this year's innovations to those from previous years: Top 10 Supply Chain Innovations of 2017 : exoskeletons, autonomous forklifts, flying warehouses, last-mile delivery, and more. Warehouse Automation. Content Summary: Honeywell and Carnegie Mellon Partner to Bring AI to the Warehouse.

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Innovation 110

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

While many transportation leaders would say the greatest challenge following extreme weather events is the impact on short-term rates and budgets, the potential impact on production facilities and warehouses can be just as significant. The challenge for shippers and carriers alike is visibility. Weathering the Trade Policy Storm.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

GlobalTranz

NOVEMBER 17, 2016

True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology. Transportation modes used in procurement and shipping. Distribution of goods prior to purchase. However, the fundamental problem remains. Demand forecasts.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

RFgen

APRIL 20, 2023

In this guide, we will explore mobile inventory solutions for Oracle Fusion Cloud SCM & Manufacturing , its uses, benefits, and best practices for evaluating possible solutions and vendors. Purchase Orders: receiving, line inquiries, inspections, put-away, returns, and RMA returns.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

6 River Systems

JUNE 29, 2020

Warehouse managers face numerous challenges, as well, such as the need to keep goods flowing in and out of the facility while enabling associates to practice social distancing measures. . China trade war has already put regionalization of manufacturing back on the table. Develop a clearly defined risk mitigation governance structure.

Supply Chain Planning Software 116

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

Supply Chain Game Changer

SEPTEMBER 6, 2022

They received goods into their warehouses/distribution centres. They performed some light manufacturing activities to transform those materials into products that were ready for sale in retail, through a variety of channels. Some of the materials were sourced and managed by the customers. They stored those goods.

Optimal Sourcing 80

Optimal Sourcing Supply Chain Optimization Global Supply Chain Planning 80

Supply Chain Game Changer

MAY 5, 2020

Despite the numerous government support packages businesses, as well as individuals, need help on how to aggressively manage their cash flow just to survive this pandemic. If you are looking to improve dozens of processes and metrics you will get stuck in the weeds. Manufacturers are making components of, if not whole, ventilators.

Expense Reduction 85

Expense Reduction Material Savings Inventory Reduction Price Reduction 85

Enterra Insights

JULY 28, 2020

” Alex Saric ( @alexsaric ), a procurement expert at Ivalua, told Eason, “There is a huge appetite to develop cognitive supply chains, which is only set to increase as more success stories come to light. But for many, achieving a fully cognitive one is currently just a pipe dream because of poor quality data.”

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Inventory Reduction 100

6 River Systems

JUNE 10, 2019

“It sort of depends upon what we are purchasing from the supplier as to the approach we should take…” Commodity Strategic The first level, for components or typical commodity type products, we will at least want to perform a supplier evaluation of some sort. Some strategies for an excellent supply chain are: 1.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

Unleashed

FEBRUARY 21, 2024

Returns management is the process which governs returned goods from customers. If you’re selling products, your customers should feel confident that they can negotiate with you in the event their purchased goods arrive damaged, incorrect, or are no longer required. Rebecca, a customer, purchases a new electronic device online.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Zipline Logistics

JUNE 30, 2020

Co-Manufacturer (Co-Man) — A third-party partner that produces goods from raw materials or semi-finished materials on behalf of its client. Cumulative Lead Time — The total time needed to source material, produce goods, and ship a product to its destination. The metric is used to establish pricing for a transported order.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Strategy 52

RFgen

MAY 5, 2016

Food manufacturers have to be constantly vigilant to ensure the safety of their consumers. Incidents like this seem increasingly prevalent as news sources rush to inform consumers about any products that may be contaminated. Frozen vegetables are being recalled due to health scares. Food Quality and Safety said the U.S.

Food 52

Food Manufacturing Procurement Inventory Management Software Procurement Analytics 52

RFgen

MAY 5, 2016

Food manufacturers have to be constantly vigilant to ensure the safety of their consumers. Incidents like this seem increasingly prevalent as news sources rush to inform consumers about any products that may be contaminated. Frozen vegetables are being recalled due to health scares. Food Quality and Safety said the U.S.

Food 52

Food Manufacturing Procurement Inventory Management Software Procurement Analytics 52

Turvo

SEPTEMBER 16, 2021

All systems and data are unified, integrating large volumes of data from multiple data sources such as TMS, warehouse management (WMS), dock scheduling, accounting, enterprise resource planning (ERP), customer resource management (CRM), and visibility applications. Drivers know their schedules best.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Analytics Software Supply Chain Network Software 70

Locus

OCTOBER 12, 2022

The government, civil societies and businesses all have a vital role to play and must act in alignment to make climate change a part of our everyday lives. Minimizing risk : By keeping unscrupulous suppliers and manufacturers at bay, businesses can protect themselves from reputational damage. Sources: ?? Book a demo with us!

Material Savings 52

Material Savings Optimal Sourcing Sourcing Strategies Sustainability 52

NC State SCRC

JANUARY 18, 2023

Handfield and Universidade Federal do Espirito Santo’s Dr. Marcos Paulo Valadares de Oliveira showed that an open analytics culture (OAC) strongly correlates with improved supply chain performance metrics. Supply Chain Metrics!?!? – Why should managers who work outside of “Supply Chain” care about this study?

Analytics Software 40

Analytics Software Resource Reduction Cost Reduction Strategies Waste Reduction 40