SYSPRO Smarter ERP

AUGUST 2, 2023

To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain. Real-time visibility into processes and performance enables proactive monitoring of quality standards and regulatory requirements.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

SCMDOJO

FEBRUARY 29, 2024

Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. What metrics do others (in my industry) use?

Vendor Strategies 56

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 56

Unleashed

MAY 7, 2024

It’s a blend of innovative technologies and eco-friendly practices that companies might implement, including the use of renewable energy sources, recycled materials, and more durable product designs which are easier to repair. A fundamental aspect of sustainable manufacturing is the usage of environmentally responsible materials.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

Logility

OCTOBER 12, 2021

You could simply adopt existing guidelines to establish a code of conduct that supports the values you want to see in a socially responsible supply chain. Whether your company is just starting out or has already faced criticism about its sustainability practices, you would benefit by inviting the input of your critics.

Supply Chain Planning Software 130

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 130

Taulia

JUNE 26, 2023

It contributes significantly to overall financial health, increases resilience against adverse conditions, and plays a vital role in ensuring products are delivered on time to customers. During this step, you first need to decide on supply chain objectives and specify the metrics that will be used to monitor progress toward them.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 52

Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

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.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Precoro

SEPTEMBER 2, 2022

For some businesses – usually smaller or with a single-source purchasing flow – it may be sustainable to react to the immediate needs. Being prepared allows for efficient and timely execution of procurement functions. Services procurement includes sourcing services provided by people – consultancy, for instance. Cost control.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

Zipline Logistics

SEPTEMBER 21, 2021

Those organizations that cannot hit on-time standards, face a fine of 3% of the cost of goods sold for the non-compliant count in the order. It now expects shippers to meet an on-time threshold of 90% while requiring 100% of orders to be in full. OTIF Logistics Scorecard Guidelines for Sam’s Club.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction Sourcing Strategies 52

Unleashed

MARCH 24, 2024

While some require the use of software, others need an investment in hardware, or no investment at all – just a change of internal processes and mindsets. To use just three examples: Improved lead times and quality control can lead to happier customers. Start small, with just one change, and slowly scale up from there.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

Precoro

MARCH 31, 2023

In light of this event, we here at Precoro thought it would be a great time to go over the fundamental principles of sustainable procurement. Attention to climate change Climate change is not just looming over the horizon; it already affects all spheres of our lives.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

New Horizon Supply Chain Blog

JULY 15, 2022

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. The net result is an increase in ROC.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

ThroughPut

APRIL 28, 2020

And, effective capacity is the highest possible amount of work that an organization is capable of completing in a set time period, owing to constraints like quality problems, delivery schedules, material handling, labor shortages, etc. How much capacity buffer is needed for those? Some of the features are as follows: 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

DynaSys

FEBRUARY 3, 2021

As months go by, if we do not see a working vaccine coming relatively soon, people may just get tired of following protocols and let their guards down. These are just a few high profile examples. There is competition for resources, though more infrequently and less dramatically as time passes. Regional Pandemic Relapses.

Modeling 96

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 96

DynaSys

SEPTEMBER 22, 2021

You’ve just been chewed out by the Head of Accounts because she was forced to ship an order to a major customer two weeks late…and it’s your fault. This is not a unique conversation in your organization because your on time delivery is only about 75%… even among your A customers it’s barely 80%. So you’ve finally had enough!

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Demand Planning Software Optimization Software 52

HICX Solutions

AUGUST 11, 2021

Starting with the post-pandemic situation, Charlotte believes that many of the challenges are really just beginning with newly rising threats such as cyber-crime, data breaches and cyber-attacks. “I SXM Webinar Series with Art of Procurement. So, I think that the whole cost of cyber-crime has been underestimated,” she adds.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

6 River Systems

JUNE 29, 2020

At the same time, supply chain disruptions resulted in shortages of vital parts and components, and retailers such as grocery stores faced challenges keeping items like toilet paper, hand soap and sanitizer and disinfecting wipes on their shelves. Maintain a culture of compliance, even in times of crisis.

Supply Chain Planning Software 116

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

Supply Chain Shaman

APRIL 27, 2016

It is hard for us to find time to have a different kind of conversation. With cloud-based analytics, non-relational database open source code sharing and advancements in predictive, prescriptive and cognitive analytics, what is old, can become new again. They cannot sense and respond to demand. It is a struggle.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply Chain Design Software Analytics Software 150

TrackVia

MARCH 26, 2024

However, managing these tickets can be a complex and time-consuming process, especially as organizations grow and the volume of requests increases. Inefficient service ticket management can lead to a host of problems, including longer response times, decreased customer satisfaction, and reduced productivity among support staff.

Analytics Software 105

Analytics Software Optimization Software Sourcing Strategies Resource Reduction 105

Supply Chain Trend

DECEMBER 22, 2023

Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. I think it is time to update the IBP belief sytem to be more reflective of current times, technology & ways of working, and create a modern IBP vision.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

Unleashed

OCTOBER 30, 2023

Procurement is the process of sourcing the suppliers and service providers that enable you to sell products. For a retailer, this can mean sourcing bulk goods directly from wholesalers or manufacturers. Before we dive into the details, let’s run through a quick overview.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Unleashed

JANUARY 14, 2024

Raw materials Raw materials inventory is the basic inputs used to produce finished goods and one of the biggest sources of inventory waste in manufacturing. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Unleashed

NOVEMBER 15, 2021

With no on-premise hardware required for most new apps, and their services billed mainly on a user-by-user or module-by-module basis, companies can just ‘switch on’ or ‘switch off’ the services that they desire. So what is mass customisation, what are its benefits and challenges, and who is using this production model?

Inventory Management Software 98

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

Supply Chain Shaman

JUNE 29, 2016

The network senses, translates, and orchestrates market changes (buy and sell-side markets) bi-directionally with near-real time data to align sell, deliver, make and sourcing organizations outside-in. Market-driven Value Networks: An adaptive network focused on a value-based outcomes. Thoma Bravo purchased Elemica in June 2016.

Supply Chain Network Software 157

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 157

Supply Chain Cowboy

JUNE 30, 2014

” Most companies have a list of key suppliers that you just couldn’t live without. In fact, using a “pained pause” may be a great tactic to try next time you’re in negotiations. Though the rough spots are often the most difficult times for honest communication, that’s when it’s most impactful.

Purchasing Skills 51

Purchasing Skills Sourcing Strategies Vendor Strategies Optimal Sourcing 51

ivalua

JANUARY 12, 2023

To maintain efficiency during times of high demand, teams must have a system in place that allows them to easily scale up their processes as needed. If the organization is not ready or able for a complete procurement system, can a system be deployed in a modular fashion over time building on the previous efforts?

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Optimal Sourcing Cost Reduction Strategies 130

6 River Systems

JUNE 10, 2019

With new supply chain innovations , trends in logistics technology and advancements like automated robots making a big impact on operational efficiency, it seems that supply chain optimization is within reach for more companies than ever before. ” Meet Our Panel of Supply Chain Professionals: Trey Howard Emmanuel Frost Michael D.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

Enterra Insights

MAY 25, 2021

That shouldn’t be surprising since what is considered “normal” changes all the time. At the same time, some companies have invested significantly in intelligent automation in recent months, and the pace of change and adoption is accelerating rapidly. And that’s not likely a coincidence.”[2] Once automated, there is no going back.”

Demand Planning Software 130

Demand Planning Software Guidelines Sourcing Strategies Supply and Demand 130

GlobalTranz

NOVEMBER 7, 2017

You know safety impacts the bottom line, but just how much? In best-in-class companies, leaders recognize just how much employee safety and health should be embedded in the company culture. In best-in-class companies, leaders recognize just how much employee safety and health should be embedded in the company culture.

Modeling Software 125

Modeling Software Cost Reduction Strategies Expense Reduction Resource Reduction 125

Arena Solutions

MARCH 22, 2024

While PLM provides many benefits like real-time collaboration, increased productivity, faster time to market, and better process efficiency—what happens if you make a mistake during your prospecting, discovery, or implementation phase? PLM, like any major purchase whether for personal or business, requires time invested.

Analytics Software 89

Analytics Software Modeling Software Sourcing Strategies Purchasing Training 89

ShipBob

APRIL 30, 2023

Improving your ecommerce customer service can have a strong impact on your brand reputation, customer retention, and revenue. But before you can improve your customer service quality, you need an objective way to measure it. This is where customer service levels come in.

Customer Service 52

Customer Service Optimal Sourcing Procurement Analytics Optimization Software 52

Logistics Bureau

OCTOBER 12, 2020

In an attempt to help you keep your supply chain organisation from analysis paralysis, metric manipulation, or measurement misnomers, I decided to use this post to share nine important guidelines, or golden rules, for benchmarking your business and monitoring performance using meaningful supply chain KPIs.

Supply Chain Strategy 52

Supply Chain Strategy KPI Material Savings Supply Chain Planning 52

Logistics Bureau

FEBRUARY 28, 2019

In an attempt to help you keep your supply chain organisation from analysis paralysis, metric manipulation, or measurement misnomers, I decided to use this post to share nine important guidelines, or golden rules, for benchmarking your business and monitoring performance using meaningful supply chain KPIs.

Supply Chain Strategy 52

Supply Chain Strategy KPI Supply Chain Planning Supply Chain Software 52