SYSPRO Smarter ERP

MARCH 2, 2022

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. The situation changes with a larger number of suppliers.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

Supply Chain Shaman

FEBRUARY 18, 2021

Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Watermelon Metrics Don’t Drive The Right Results.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. Both companies outperformed their peer groups. Henkel is underperforming its peer group. The first story is about a large regional food manufacturer. What can we learn?

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. The gap between logistics and procurement; and logistics and customer service increases process latency.

Supply Chain Planning Software 219

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 219

Logistics Viewpoints

JUNE 29, 2023

By fostering collaboration across all stakeholders, including suppliers, manufacturers, and logistics providers, companies can enhance visibility, streamline processes, and proactively address disruptions. Make to Order: Here, products are manufactured based on specific customer orders.

Manufacturing Procurement 185

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 185

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Procurement solutions are often updated with purchased information.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Supply Chain Shaman

AUGUST 12, 2020

I struggled to manage myself as I settled in elbow-to-elbow with the group to listen to the presentation. The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. Orbit Chart of Lenovo Performance Against Peer Group.

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

The Logistics of Logistics

FEBRUARY 11, 2022

OTIF is a key supply chain metric. Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of?third-party?logistics. Andrew Lynch and Joe Lynch discuss the true cost of OTIF failure. About Andrew Lynch. third-party?logistics.

Cost Reduction Strategies 206

Cost Reduction Strategies North America Logistics Network Optimization Software Manufacturing Procurement 206

Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics.

Supply Chain Planning Software 312

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 312

Supply Chain Shaman

FEBRUARY 14, 2022

Nine times out of ten, the finance group is portrayed as a dam, a barrier or a ferris wheel in the drawings. Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. In Figures 2 and 3, note the portrayal as a dam. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). At Mars, procurement (commercial as it was called) was one of the most highly regarded of the professions.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Logility

AUGUST 25, 2020

Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. While Key Performance Indicators (KPIs) may be reviewed quarterly or monthly, the speed with which supply chain operations occur makes a daily view of more tactical and operational metrics a growing necessity.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

QAD

JUNE 6, 2023

Many companies believed collaboration should occur amongst sales forecasting, operations planning and procurement planning teams. Many manufacturers today still use past decision-making methods, which is a disconnected model that leads to critical departments, like finance and operations, being isolated from one another.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Planning Scenario Planning S&OP 93

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

The Logistics of Logistics

JUNE 7, 2021

OTIF is a key supply chain metric. Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of?third-party?logistics. Andrew Lynch and Joe Lynch discuss the true cost of OTIF failure. About Andrew Lynch. third-party?logistics.

Cost Reduction Strategies 147

Cost Reduction Strategies North America Manufacturing Procurement Logistics Network Optimization Software 147

Supply Chain View from the Field

NOVEMBER 10, 2014

In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. Does procurement add to top line revenue.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

The Logistics of Logistics

NOVEMBER 5, 2021

Trillion by 2026 according to IMARC Group and the overall total U.S. VP, ARC Advisory Group and Columnist, Forbes With in-depth research experience in logistics, transportation management, and managed transportation services, Steve’s writing and analysis are go-to resources for logistics and transportation professionals. Steve Banker.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Transportation Supply Chain Design Software Supply Chain Planning Software 147

IQMS

JULY 11, 2019

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Manufacturers care most about finding new ways to grow, excel at product quality while still being able to take on short lead-time production runs from customers.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Supply Chain Shaman

OCTOBER 1, 2013

As I work with companies, I often contrast the strategies, approaches and outcomes within a peer group. Both companies provide packaging materials to the food manufacturing industry. Food manufacturers, over the course of the last decade, have pushed costs and waste backwards in the supply chain. Owens Illinois (OI), a $6.3

Illinois 252

Illinois Waste Reduction Supply Chain Planning Software S&OP 252

Supply Chain Shaman

OCTOBER 8, 2019

The discussions are with groups of executives—often ex-management consultants. The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. . #4 Background.

Supply Chain Design Software 186

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 186

Supply Chain Matters

JULY 7, 2023

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

ThroughPut

APRIL 10, 2020

This includes the final customers or groups of businesses. From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. Logistics has, however, come a long way.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

This includes the final customers or groups of businesses. From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. Logistics has, however, come a long way.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

This includes the final customers or groups of businesses. From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. Logistics has, however, come a long way.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

Supply Chain Shaman

SEPTEMBER 17, 2014

This report, Supply Chains to Admire , compares the progress of 200 companies within their respective peer groups on both performance and improvement. There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. Aligned Metrics. ” Yes, I said.

Optimal Sourcing 301

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 301

Supply Chain Shaman

NOVEMBER 9, 2014

It was my first time working with this group. The group laughed. ” The group was quiet as we discussed the fact in the traditional organization that functional silos are not designed to work together. Proudly, I had led my division to have the lowest manufacturing costs with the highest Return on Assets.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

Supply Chain Matters

OCTOBER 12, 2022

The takeaway for September was that global manufacturing activity officially fall below the 50.0 On the other hand, transportation metrics continue their slowed pace, reaching the second highest level of capacity growth, and the third fastest rate of price contraction in the history of the index. for September. Bob Ferrari.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

GlobalTranz

APRIL 5, 2017

A Peerless Research Group (PRG) report indicated that up to 44 percent of supply chain entities do not actively have plans in pursuing or using a transportation management system (TMS), such as the Cerasis Rater. Approximately 54 percent of companies actively run metrics on inbound freight, but these metrics may be lacking.

Vendor Strategies 123

Vendor Strategies Cost Reduction Strategies Inventory Reduction Logistics 123

Logistics Viewpoints

MAY 19, 2022

Operational innovations like the invention of containers led to the huge growth in global value chains, and today 95% of manufactured goods move on ships. You have a limited procurement budget but want to maximize revenue with a supply-driven production plan that minimizes waste. Why supply chain optimization matters.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

Silvon Software

APRIL 23, 2019

There are many valuable metrics that can help you better assess your company’s performance at the sourcing / procurement level. In this blog post, I discuss the top spend areas of most manufacturing organizations, important measures to analyze in each, and how these measures (or KPIs) can impact the business.

Purchasing Skills 70

Purchasing Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 70

Supply Chain Shaman

JUNE 3, 2013

It was funded by 50 large consumer products manufacturing companies (CPG). In the dawn of e-commerce, conservative manufacturers, anteed up $240 million in four months. In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The stories border on the ridiculous.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 255

Supply Chain Shaman

SEPTEMBER 2, 2016

Before I started doing this research, I believed procurement and manufacturing were aligned. While this is the case in 50% of the organizations, there are many organizations with large alignment gaps between finance/operations and procurement/manufacturing. Digital manufacturing is also a disruption. I was wrong.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

Supply Chain Shaman

DECEMBER 29, 2016

” In this team activity people who do not know each other list four statements and ask the group to guess which statement is false. As I study research methods, and the market, I realize the lies I’ve spun for prior employers (Gartner and AMR Research) are untrue: The AMR Research Hierarchy of Supply Chain Metrics.

Inventory Reduction 0

Inventory Reduction Supply Chain Planning Software Forecasting Gartner 0

QAD

MAY 31, 2023

Many manufacturing organizations still plan in silos. They plan department by department with little or no collaboration between the other groups in the organization. Typically individual group performance metrics of the different parts of the organization conflict with those of the other teams. This is a problem.

Supply Chain Planning 52

Supply Chain Planning S&OP Scenario Planning Agile and Lean Supply Chain 52

Enterra Insights

JULY 18, 2023

” Boston Consulting Group (BCG) analysts explain, “Whether there’s too much, too little, or it’s too polluted, the global water supply is in crisis. Transition to adaptive policies that enable NbS across infrastructure engineering, procurement, and construction. Identify locally led innovations.

Resource Reduction 130

Resource Reduction Industrial Industry Waste Reduction 130

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. Ultimately, BSW was able to improve a key metric (Supply Expense as a % of Net Patient Revenue) and generate millions in savings. 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