SCMDOJO

APRIL 22, 2024

Any red tape that isn’t dealt with beforehand can cause enormous delays as governments aren’t typically fast with their turnaround times. It’s common for Westerners to go to China to visit manufacturers so they can get a better idea of what exactly goes into creating and shipping thousands of products at once.

Inventory Reduction 77

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 77

SYSPRO Smarter ERP

JANUARY 31, 2022

We recently surveyed CFOs and finance executives in the manufacturing and distribution sectors to study how the pandemic has impacted their businesses. 4. Managing governance and risk. At an overall response rate of 30% , CFO respondents agree that managing governance and risk is a critical focus area for 2022.

Manufacturing 105

Manufacturing Inventory Reduction Inventory Management Software Cost Reduction Strategies 105

SYSPRO Smarter ERP

MARCH 29, 2022

Manufacturers are aware they need to modernize to take advantage of what technology can offer. However, technology options are available for manufacturers to use that can help digitalize their operations without the expense (not to mention production downtime) of plant upgrades. The 5th, 10th or is it older? What is 4IR?

Manufacturing Procurement 116

Manufacturing Procurement Modeling Software Manufacturing Supply Chain Planning Software 116

Arena Solutions

MARCH 21, 2023

As vulnerable as our planet is becoming, individuals, governments, and businesses are feeling the pressure to make changes using new concepts and frameworks that focus on creating products and services that are more sustainable and more circular.

Manufacturing Procurement 79

Manufacturing Procurement Waste Reduction Resource Reduction Material Savings 79

Logility

OCTOBER 29, 2021

With the right technology, process manufacturing strategy, planning, and management can be simplified. Manufacturers have been through a trial by fire with supply chain disruptions and changes in demand during the past two years. 4 Digital Solutions That Address the Top Challenges for Process Manufacturers.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

ToolsGroup

MARCH 26, 2024

Unique Partnership Delivers an End-to-End Network Optimization Solution to Seamlessly Integrate Supply Chain Design, Manufacturing Footprint and Probabilistic Planning and Execution for Leading Building Materials Manufacturer. Two of Cornerstone Building Brands’ business units — Aperture Solutions – U.S., Book a meeting.

ToolsGroup 156

ToolsGroup Network Design Software Supply Chain Design Software Supply Chain Planning Software 156

Supply Chain Shaman

JUNE 9, 2023

The current taxonomy (or frame/models) for the engines does not address the issues of the global multinational manufacturing company. In the Global Supply Chain, there are More Constraints To Address Than Just Manufacturing. A manufacturing company’s safety stock is 30-40% of the total inventory requirement. The reason?

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

Supply Chain Matters

JULY 18, 2023

based companies had indicated in survey data and in concerted actions that termed China Plus sourcing strategies that either explored alternative, nearshoring, or reshoring efforts were being undertaken. Last month we made reference to a published report by The Wall Street Jour nal: As China Risks Grow, Manufacturers Seek Plan B and C and D.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

SYSPRO Smarter ERP

FEBRUARY 28, 2023

A segment of the workforce that will help close the skills gap and talent shortage in manufacturing are women. Women  Women pursuing careers in STEM and specifically manufacturing are imperative to the economic growth we desire and expect. The whole facility, from plant manager down, has a women-only workforce.

Manufacturing 98

Manufacturing Modeling Software Supply Chain Network Software Resource Reduction 98

AFFLINK

AUGUST 12, 2022

A recent study by McKinsey revealed that two-thirds of an average company’s environmental, social, and governance (ESG) footprint lies with suppliers. For manufacturing facilities, the pressure is on to become the essential link to a more sustainable value chain. What Forces Are Driving The Demand For Sustainability In Manufacturing?

Manufacturing Procurement 62

Manufacturing Procurement Cost Reduction Strategies Sustainability Material Savings 62

QAD

FEBRUARY 25, 2020

While consumer products manufacturers previously led the way for sustainable manufacturing practices, a growing number of manufacturers in other sectors are treating sustainability as an important operational objective to increase global competitiveness. The Sustainability Movement in Business and Manufacturing.

Waste Reduction 145

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 145

Enterra Insights

OCTOBER 17, 2023

As China’s economy slows, its leaders worry that emerging foreign government and transnational corporate strategies focused on trade with China will make matters worse. Journalist Spriha Srivastava reports, “Chinese Premier Li Qiang criticized governments in the West for their idea of reducing dependency on China.

Supply Chain Strategy 130

Supply Chain Strategy Material Savings Global Supply Chain Optimization 130

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

GlobalTranz

MAY 17, 2017

In a blog post earlier this year, we noted how since the election, more manufactures have expressed interest in reshoring and avoiding offshoring entirely. However, manufacturers are considering other ways of improving factories and supply chains as well. Across the U.S. Across the U.S. What the Benefits of Going Green?

Waste Reduction 182

Waste Reduction Cost Reduction Strategies Vendor Strategies Resource Reduction 182

GlobalTranz

JANUARY 30, 2018

Editor’s Note: This article comes from Steve Wright who works for Whirlwind Steel and shares his knowledge on manufacturing plant site selection. There are a number of factors to consider in manufacturing plant site selection to ensure you have the best location for your new plant. download ebook. Do nearby factories emit dust?

Manufacturing Procurement 150

Manufacturing Procurement Negotiating Skills Manufacturing Buyer Training 150

NC State SCRC

JANUARY 20, 2022

As an example, individuals pointed to the fact that during COVID, domestic manufacturers sprung up to produce N95 masks, supported by DoD SBR grants. To address this issue, one recommendation I am advocating would be to create government industrial policies that are targeted at supporting a domestic “stop gap” manufacturing capability.

Government 59

Government Pharmaceutical Supply Chain Planning Software Supply Chain Design Software 59

SYSPRO Smarter ERP

OCTOBER 27, 2021

In manufacturing, the Internet of Things (IoT) is the technology that will allow companies to purposely instrument their equipment and products to collect data and then use it to improve, experiment and develop value. IIoT refers to the usage in areas such as manufacturing plants and supply chains. Manufacturing efficiency.

Manufacturing Procurement 111

Manufacturing Procurement Sourcing Strategies Manufacturing Predictive Analytics Software 111

ivalua

JUNE 26, 2023

Automating strategic sourcing not only simplifies the process but also offers significant savings, increased efficiencies, and better governance. Consumers are demanding more transparency and accountability from businesses when it comes to environmental, social, and governance (ESG) issues. The answer is simple – automation.

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

Supply Chain Game Changer

FEBRUARY 12, 2022

As a company owner in the manufacturing industry, you certainly understand technology’s vital role in ensuring the smooth running of day-to-day operations. Businesses in the manufacturing industry are usually among the first to adopt any latest technology because this is essential for their processes. Technology Implementation.

Supply Chain Design Software 102

Supply Chain Design Software Manufacturing Supply Chain Planning Software Predictive Analytics Software 102

GlobalTranz

DECEMBER 6, 2016

Editor's Note: This is a blog and infographic from The National Institute of Standards and Technology’s Hollings Manufacturing Extension Partnership (MEP). manufacturers to help the>m create and retain jobs, increase profits, and save time and money. Alexander Hamilton: The First Government Expert & Champion on Manufacturing.

Manufacturing 120

Manufacturing Puerto Rico United States Illinois 120

Synovos

DECEMBER 4, 2023

Manufacturing plants are now competing for wages that were unheard of five or six years ago,” explains William Brummett, Vice President of New Business Development at RS Integrated Supply, a global Maintenance, Repair, and Operations (MRO) supply chain services company that provides outsourced procurement and storeroom solutions.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Inventory Reduction Cost Reduction Strategies 52

Supply Chain Shaman

DECEMBER 27, 2022

In a recent research project, we found that 2/3 of companies had a digital supply chain transformation strategy; however, those that were evolving their strategy performed better during the early months of the pandemic than those that were “clear” on the project plan for a digital transformation. I know, a head-scratcher.

Supply Chain Software 393

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 393

SYSPRO Smarter ERP

FEBRUARY 7, 2022

Every manufacturing organization is striving for continuous improvement, and for that to occur the workforce needs to come with solutions to existing problems. Manufacturers can use low code platforms to address internal business challenges such as changing a business process or the improvement of operations across the shop floor.

Predictive Analytics Software 119

Predictive Analytics Software Demand Planning Software Supply Chain Software Tools 119

Supply Chain Collaborator

JANUARY 23, 2019

How is the longest government shutdown in US history impacting your transportation logistics operations? The current partial US Government shutdown demonstrates the risk of unexpected events roiling supply chains beyond the more commonly experienced disruptors such as weather, war, labor issues, trade disputes, etc.

Supply Chain Planning Software 78

Supply Chain Planning Software Predictive Analytics Software Transportation Management Demand Planning Software 78

Supply Chain Game Changer

JULY 28, 2020

It sounds beneficial on the surface but is it a realistic long term strategy? Every source of materials and components, every manufacturing facility, every warehouse and distribution channel, and every logistics mechanism is duplicated. We believe that you should have a dual sourcing strategy throughout your Supply Chain.

Material Savings 100

Material Savings Expense Reduction Resource Reduction Inventory Reduction 100

Unleashed

FEBRUARY 21, 2022

As 2022 kicks in, the manufacturing sector is being shaped by technological change and the Covid-19 pandemic. Digital, connected and smart systems are on the rise, while at the same time manufacturers face challenges such as the ‘Great Resignation’ and clogged-up supply chains – as well as increasing demand for sustainable products.

Manufacturing Procurement 98

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

Vinculum

APRIL 29, 2020

At such juncture, prevention seems the best course of action,and the lockdown and containment strategy will stay put in the near future until the global healthcare scenario recovers. With most manufacturing units/factories being shut down, supply chains have been disrupted leading to auxiliary crises. Present scenario.

Government 52

Government Procurement Solutions Retail Data 52

Oracle SCM

JULY 12, 2017

Effective strategies coupled with a well-defined plan and the right tools helped supply chain professionals alleviate fulfillment pressures and readied managers for market changes in the future. What are the strategies that helped the best survive? To be successful, products must be manufactured at the right cost, place, and time.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Synovos

DECEMBER 4, 2023

Manufacturing plants are now competing for wages that were unheard of five or six years ago,” explains William Brummett, Vice President of New Business Development at RS Integrated Supply, a global Maintenance, Repair, and Operations (MRO) supply chain services company that provides outsourced procurement and storeroom solutions.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Cost Reduction Strategies Manufacturing 52

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Despite spending 1.1%

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

NC State SCRC

APRIL 10, 2024

In our diacussions, he described a report he recently wrote on his Assessment of the People’s Republic of China’s Control of Container and intermodal Chassis Manufacturing , released in March. One of the speakers at this meeting was Commissioner Carl Bentzel from the Federal Maritime Commission.

China 59

China Supply Chain Strategy Global Supply Chain Software 59

Supply Chain Game Changer

JANUARY 7, 2021

Digital Supply Chain strategies article and permission to publish here provided by Alejandro Carrera. Effective digital supply chain strategies can help organizations stand out from the crowd. The survey found that over 75% of supply chain management had concerns with the governance of digitization. Subscribe Here! Blockchain.

Inventory Reduction 84

Inventory Reduction Vendor Strategies Cost Reduction Strategies Supply Chain Strategy 84

Supply Chain Game Changer

FEBRUARY 27, 2020

Today, manufacturing firms face increasing threats from cybercriminals targeting weaknesses in SCADA (supervisory, control, and data acquisition) systems. Regulatory bodies recognize the data security challenges that manufacturers face, and have initiated various requirements and standards of operations meant to safeguard data.

Supply Chain Design Software 87

Supply Chain Design Software Manufacturing Company Supply Chain Network Software 87

QAD

AUGUST 25, 2020

No manufacturer would be blamed if they put operational sustainability plans on the back burner during the current environment. The COVID-19 pandemic is impacting daily life with disruptions in global businesses and economies, sorting and recycling facilities closing and government regulations relaxing on resource efficiency compliance.

Manufacturing Procurement 92

Manufacturing Procurement Packaging Sustainability Manufacturing 92

QAD

JULY 9, 2020

For organisms, the strategy is simply to survive, but organizations, regardless of the industry, size, or location, have an additional objective. Unlike simple organisms, organizations are composed of individuals who also have their own individual objectives and survival strategies. What We Can Learn from Soccer.

Resource Reduction 109

Resource Reduction Inventory Reduction Price Mitigation Strategies Supply Chain Strategy 109

EC Sourcing Group

OCTOBER 25, 2022

What is the Best Reverse Bidding Process and Strategy? A reverse auction is an optimal choice for specific industries such as: Government contract bids. Many government entities use the reverse bidding process because it allows them to procure the goods and services they need at the best price available. Manufacturing.

Price Reduction 52

Price Reduction Sourcing Strategies Cost Reduction Strategies Negotiating Skills 52

USC Consulting Group

JUNE 30, 2020

This is particularly the case among manufacturers, many of whom were sidelined by COVID-19 due to labor shortages caused by layoffs and a number of workers falling ill from the virus. As early as February, roughly 60% of manufacturing firms in the U.S. As early as February, roughly 60% of manufacturing firms in the U.S.

Manufacturing Procurement 98

Manufacturing Procurement Manufacturing Sourcing Strategies Optimal Sourcing 98