SYSPRO Smarter ERP

AUGUST 2, 2023

As members of one of the most highly regulated industries in the world, medical device manufacturers face numerous challenges. From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

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

SYSPRO Smarter ERP

MARCH 23, 2022

In today’s global economy, Australian manufacturers must transition to a more sustainable and ethical business environment if they want to stay profitable. The impact of ESG for manufacturers. The pandemic has exposed critical supply chain weaknesses, particularly among suppliers with poor workplace health and safety practices.

Manufacturing Procurement 105

Manufacturing Procurement Waste Reduction Sustainability Agile and Lean Supply Chain 105

Logistics Viewpoints

AUGUST 15, 2024

Manufacturers, for instance, can vary production yields, quality, uptime, and material supplier reliability (fill rates and lead times) for a comprehensive analysis that allows them to identify weak links and potential failure points to identify proactive measures to mitigate risks and the agility to seize new opportunities.

Modeling 307

Modeling Scenario Planning Sourcing Strategies Supply Chain Planning Software 307

Precoro

JULY 16, 2023

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

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. However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. Office supplies would be an example of indirect procurement.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

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. As mentioned above, significant effort has been put into guidelines like the MMOG to measure and improve the performance of those capabilities.

Supply Chain Network Software 195

Supply Chain Network Software Modeling Software Automotive Supply and Demand 195

QAD

JULY 16, 2024

Staying on top of global Unique Device Identification (UDI) regulatory compliance can improve outcomes for both patients and medical device manufacturers The U.S. However, the GUDID is fairly established, and by now, most manufacturers are aware of submission requirements, while EUDAMED is constantly evolving.

Manufacturing Procurement 94

Manufacturing Procurement Manufacturing Global Supply Chain Design Software 94

Supply Chain Opz

JUNE 23, 2014

Then, general guidelines for level of forecast can be found as below, - If your customer doesn''t share demand forecast with you, use your own historical data to make a forecast at SKU level - If you get POS data from customers, use it to make forecast at SKU/store level.

Inventory Management Software 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

Precoro

MARCH 27, 2025

According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction.    The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

The Logistics & Supply Chain Management Society

MAY 28, 2022

Do you know where the manufacturing facilities of your suppliers (and their suppliers) are physically located? Which parts are manufactured at each location? Supply chain mapping is key to ongoing innovation. Then it’s about mapping the supply chain. Do you track the history and frequency of disruptions?

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

Supply Chain Game Changer

OCTOBER 2, 2020

Whether you are planning to start from scratch or looking to revamp the existing infrastructure for your business, here are some guidelines to help with your infrastructure planning. Enhancing supply chain operations is all about collaboration between various operations, including manufacturing, procurement, logistics, sales, and finance.

Supply Chain Planning Software 81

Supply Chain Planning Software Guidelines Scenario Planning Supply Chain Planning 81

The Logistics & Supply Chain Management Society

MAY 28, 2022

While it’s undeniably important to source products responsibly and produce recyclable or reusable products, companies also need to focus on making the transportation and distribution of products more sustainable. Ensure Your Materials Are Ethically Sourced. About the Author About Blume.

Sustainability 264

Sustainability Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization 264

DELMIA Quintiq

OCTOBER 29, 2021

Manufacturing Operations Management Community. Lean Manufacturing: Better Manufacturing Visibility, Lower Operational Costs. Robot, Conveyor & Sensor with the new Source & Sink. This video demonstrates the basic logic required for a robot to interact with parts being sourced on to a conveyor.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Agile and Lean Supply Chain S&OP 156

GlobalTranz

AUGUST 28, 2018

Manufacturers and shippers have a duty to ensure sustainability, reports Supply Chain Dive , and an effective sustainability program must consider what happens to products after their lifespan. Blockchain can ease concerns over returns processes, critical for returns in stores when purchased online, as defined by the contract.

Reverse Logistics 149

Reverse Logistics Cost Reduction Strategies Logistics Network Optimization Software Purchasing Skills 149

Kinaxis

OCTOBER 3, 2016

Of particular interest was a session on Contract Manufacturing Operations (CMO) relationships with Michael Daly, Director of Supply Chain for Valeant Pharmaceuticals. I took Daly’s 5 C’s as a valuable guideline for anyone managing supplier relationships, regardless of industry and maturity. 4 – Capability. 5 – Capacity.

Pharmaceutical 192

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Software 192

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. How to Begin Your Terms.

Procurement Analytics 120

Procurement Analytics Manufacturing Procurement Procurement How To 120

QAD

OCTOBER 10, 2024

Understanding MMOG/LE and Its Evolution The Global Materials Management Operations Guideline Logistics Evaluation ( MMOG/LE ) has evolved significantly over the years. This comprehensive guideline helps organizations manage demand fluctuations and streamline their supply chain processes. What is the Difference Between the Two Courses?

Course 52

Course Purchasing Training Price Mitigation Strategies Manufacturing Procurement 52

Talking Logistics

OCTOBER 29, 2013

You could answer them with a purchase order (P.O.) Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. Sourcing uses P.O. performance metrics to influence vendor behavior and impact sourcing choices. Logistics staff manages transportation costs through mode and carrier selection guidelines.

Pricing Training 166

Pricing Training Purchasing Skills Purchasing Training Supply Chain Planning Software 166

The Logistics of Logistics

AUGUST 28, 2020

Prior to founding Fulfyld, AJ held business development and leadership positions in the manufacturing, technology, packaging, and consulting industries. The products are packed according to the size of the order and predefined packaging and packing guidelines. AJ and his team at Fulfyld specialize in e-commerce fulfillment.

Logistics Network Optimization Software 189

Logistics Network Optimization Software Warehousing Alabama Supply Chain Planning Software 189

Supply Chain Game Changer

AUGUST 11, 2022

Manufacturing contributed 10.8% Manufacturing businesses are at the heart of eCommerce and retail businesses. If you’re an eCommerce seller or manufacturer, you need to know BOMs (bill of materials). Why are they useful for both eCommerce sellers and manufacturers alike? The parts required to manufacture the product.

Material Savings 105

Material Savings Manufacturing Procurement Procurement Solutions Supply Chain Design Software 105

Supply Chain Game Changer

JUNE 10, 2025

How often you should calibrate depends on a few things, but here are some general guidelines to keep your weighbridge accurate and following the rules: At least once a year for most operations, which is the minimum standard in many places. If not, adjust it according to the manufacturer’s instructions.

Supply Chain Design Software 81

Supply Chain Design Software Inventory Management Software Optimization Software Supply Chain Planning Software 81

SCMDOJO

JULY 18, 2023

Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 98

Precoro

FEBRUARY 26, 2024

For procurement professionals, systemizing and optimizing cost centers is not just a matter of financial management; it's a strategic task for driving efficiency, controlling costs, and enhancing overall performance. Examples include human resources or IT departments, manufacturing plants, or project teams.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

Supply Chain Movement

APRIL 29, 2014

At the same time, new sales markets are emerging for manufacturers of medical devices, and innovative technologies such as 3D printing are making a breakthrough. Manufacturers of medical technology (‘medtech’) must choose a clear strategy: Plan. Manufacturers of medical technology (‘medtech’) must choose a clear strategy: Plan.

Supply Chain Design Software 97

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 97

QAD

APRIL 14, 2022

The benefits could provide solutions to many disruptive forces currently impacting agriculture, farming and food manufacturing. Two critical industries or areas that can be transformed by this technology are food manufacturing and the supply chain. We do know of some immediate benefits that can help the food manufacturing industry.

Food 98

Food Manufacturing Procurement Resource Reduction Waste Reduction 98

EcoVadis

MAY 9, 2018

Direct purchasing by governments and state-owned enterprises accounts for 12 percent of GDP in OECD countries, and in the U.K. Sustainable public procurement can also be beneficial from the economic perspective: It can generate income, reduce costs and promote innovation among domestic producers. National Procurement Standards.

Manufacturing Procurement 60

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 60

Supply Chain Game Changer

OCTOBER 4, 2022

Having project management offices (PMOs) has now become industry standard as they assure high-quality production runs by adopting precise regulations and procedures, as well as monitoring the whole manufacturing process. Partner Expertise In Sourcing. The Project Manager Is Responsible For The Whole Workflow.

Manufacturing Procurement 95

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 95

Unleashed

JULY 11, 2021

Sustainability certifications help consumers identify whether or not a product or manufacturer is sustainable. These certifications are voluntary guidelines and standards that address environmental, social, ethical, and food safety concerns. They must be values based with quantifiable guidelines and standards.

Sustainability 98

Sustainability Manufacturing Procurement New Zealand Waste Reduction 98

ToolsGroup

DECEMBER 11, 2023

Question 1: is it possible to manufacture prices & discounts? In some circumstances it can be advantageous to create discounts, even if manufactured, in order to push sales from a psychology point of view. Look twice. Is that even real? Question 3: should you allow any discount?

Purchasing Skills 156

Purchasing Skills Price Reduction Manufacturing Procurement Handbook 156

Supply Chain Game Changer

NOVEMBER 7, 2019

The artist explains: “This work attempts to bring out certain forms and structures by combining organic materials (earth, plants, vegetables, fruit, fish) and manufactured products (a pair of shoes, pigments used to colour the layers). Source: Deloitte CPO Survey 2018. Digitization vs. Digitalization.

Manufacturing Procurement 71

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 71

Elementum

APRIL 15, 2016

Consumer electronics could be facing months of supply chain disruptions after the Kumamoto quakes rattled manufacturers in Southern Japan. The popularity of semiconductor and other electronics producers in the region, whose fragile manufacturing process could have been critically damaged by the quakes. What Happened. What to Consider.

Manufacturing Procurement 60

Manufacturing Procurement Manufacturing Japan Sourcing Strategies 60

Precoro

JANUARY 16, 2023

Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. These purchases might be recurring or occasional, some might be planned, and others pop up in response to sudden changes. Operating vs. Non-operating.

Procurement Solutions 98

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 98

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. It refers to the process of purchasing, storing, and tracking the various goods required to build a product. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

SYSPRO Smarter ERP

DECEMBER 13, 2021

Active inventory management is a major contributor to manufacturing success. Manufacturers who still do inventory management and planning on spreadsheets will have found major problems during the pandemic. Plan, Source, Make, Deliver, Return, Enable. Why inventory management is important.

Inventory Management Software 122

Inventory Management Software Inventory Management Inventory Reduction Sourcing Strategies 122

Unleashed

MAY 7, 2024

Sustainable manufacturing is about product creation that doesn’t deplete natural resources or harm the environment. 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.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

BlueYonder

JUNE 24, 2024

Some of the challenges faced by today’s medical devices manufacturers are: Diversity of Products : Large medical device manufacturers often have a diverse portfolio and hence very different supply chain structures for each of them. than in European countries due to more stringent guidelines. Countries like U.S.

Supply Chain Planning Software 114

Supply Chain Planning Software Supply Chain Planning Pharmaceutical Supply Chain Strategy 114