Unleashed

MARCH 24, 2024

Many manufacturers use lean methods to cut costs and improve efficiencies in their business. But ‘lean’ is a very broad concept and the ways that manufacturers ‘go lean’ vary considerably. Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace.

Six Sigma 52

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

SYSPRO Smarter ERP

DECEMBER 11, 2023

These include manufacturers of wind turbines, equipment used for solar power and hydropower, and components used in geothermal plants. It can track, manage and report the book value and depreciation of fixed assets. For period-end, companies can close the books quicker and report financials accurately.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

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

Supply Chain Matters

NOVEMBER 6, 2023

Featured names in this latest edition include Jabil and ProcureAbility , JAGGAER and Trustpair, Coupa and project44 executive hires and a newly issued Biden Administration Executive Order addressing Generative AI technology development and threats. has announced completion of the acquisition of procurement services provider ProcureAbility.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Manufacturing Procurement Network Design Software 52

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

Supply Chain Matters

FEBRUARY 19, 2024

Supply Chain Matters highlights report that Volkswagen luxury branded vehicles were impounded by U.S. Background Supply chain ethical and social responsibility, that which umbrellas ESG conformance, have increasingly become a concern for businesses, large and small, along with their procurement organizations.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Supply Chain Strategy Supply Chain 52

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

Arena Solutions

OCTOBER 12, 2023

If you’re a product developer, manufacturer, or part of an engineering team, you know the excitement, challenge, and profitability that come from transforming an idea into an actual product. However, one crucial caveat to all this growth and opportunity is that—you need to follow industry compliance guidelines and deliver on quality.

Quality 89

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 89

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

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Precoro

APRIL 18, 2023

For example, a company that produces furniture has to order raw materials and trace the manufactured items sent to the customers (forward tracing) and occasionally the items that are returned (backward tracing). and prescriptive analytics to define “What should we do?” How Can Supply Chain Visibility be Achieved?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

The Logistics & Supply Chain Management Society

JULY 16, 2023

Halal risk management practices of most companies are passive, meaning it is limited to the compliance of suppliers and their own (manufacturing) operations based on the requirements of the halal certification body and their halal standard(s). On the other hand, halal risks in the entire supply chain are not on their radar screens.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Taulia

JUNE 26, 2023

Involving suppliers, manufacturers, distributors, and customers, the supply chain process can be broken down into the following stages: 0. 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

GlobalTranz

AUGUST 28, 2018

Using a combined blockchain and reverse logistics strategy can help alleviate these costs, and supply chain executives need to understand a few things about it Reverse Logistics Carry High Risk in Supply Chain Management Risk within reverse logistics is higher than that and forward logistics.

Reverse Logistics 121

Reverse Logistics Cost Reduction Strategies Logistics Network Optimization Software Purchasing Skills 121

GlobalTranz

JUNE 1, 2015

Customer expectations of reliable quality and rapid delivery forces today’s manufacturers to either shorten cycle times or lose business. There are multiple good models for lean manufacturing operations. ISO publishes guidelines for conformance to its standards. Who Needs Lean Manufacturing?

Manufacturing Procurement 120

Manufacturing Procurement Waste Reduction Agile and Lean Supply Chain Inventory Reduction 120

QAD

APRIL 18, 2024

Recent media reports have suggested that the White House has been contemplating responding to political and industry feedback by potentially delaying the stringent EPA fuel economy regulations initially set for 2027-2032. manufacturing prowess and reduce dependency on foreign components, particularly those sourced from China.

Material Savings 88

Material Savings Cost Reduction Strategies Resource Reduction Price Reduction 88

QAD

JULY 28, 2022

While building an EV requires a significantly smaller manufacturing footprint than what an ICE vehicle requires, many EV manufacturers lack the business systems and connections to support their production. Her students tend to focus on purchasing, logistics and consulting. Episode #10: Maps & Metrics.

Agile and Lean Supply Chain 96

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 96

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

Precoro

SEPTEMBER 4, 2023

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. The cash conversion cycle is a significant financial metric for retailers and manufacturing companies involved in buying and managing inventories and selling them to customers.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

QAD

DECEMBER 19, 2019

Next, we will provide an overview of the Purchasing Commitments and Spending Action Center as well as the associated key performance indicators (KPIs). When analyzing purchasing performance, it helps to understand the difference between spend and commitment. Together, spend and commitment provide a clear view of purchasing.

Purchasing Skills 130

Purchasing Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 130

Logility

JULY 8, 2022

On that same day, the FDA learns of an infant sickened by bacteria after drinking formula manufactured at the Sturgis plant. 17 February: The FDA says it’s investigating four reports of illness including one death. Abbott announces a voluntary recall of several powdered formulas manufactured at the Sturgis facility.

Modeling 173

Modeling Supply Chain Planning Software Inventory Reduction Supply Chain Design Software 173

Enterra Insights

APRIL 22, 2019

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. Walmart recently made headlines when it toughened delivery demands for its suppliers.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

ShipBob

FEBRUARY 26, 2024

It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. Developing an agreement – For CPFR to work, manufacturers, retailers, and suppliers should agree on how communication will be carried out. It also helps you make more accurate predictions about your requirements.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Enterra Insights

JUNE 1, 2021

Tamizhkumaran explains, “Cognitive analytics solutions entail self-learning systems and algorithms that mimic the human brain’s thought process in order to analyze large amounts of data quickly and accurately.” are all met.” CPG Companies • Perfect Retail Execution : CPG companies require many of the same analytic results as retailers.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

Talking Logistics

OCTOBER 29, 2013

What is this going to cost? You could answer them with a purchase order (P.O.) Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. Understand technology, information, and reporting tools and how to use them in the business. performance metrics to influence vendor behavior and impact sourcing choices.

Pricing Training 145

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 145

NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. They may provide specific KPI benchmark levels for a process (in such terms as percentage cost savings).

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. In this guide, we break down the WooCommerce order fulfilment process and how it works, with actionable tips for optimising your fulfilment strategy to bring costs down and boost productivity.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Unleashed

SEPTEMBER 28, 2021

Here we cover the 10 most important features to look for in your food manufacturing software so you can achieve product consistency, production efficiency, and regulatory compliance. Read more: The food manufacturing software your business needs 1.

Inventory Management Software 98

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

SupplyPike

APRIL 10, 2020

Times are tough, so we’ve gathered some guidelines to help your supply chain get back on track, or at least to shore it up during these challenging times. You’ll need to work with your buyer on revising their purchasing plans to favor high demand items. You should also prioritize the products you need to manufacture and replenish.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

Saleswarp

DECEMBER 27, 2023

Unit types represent standardized containers for packaging inventory, while lot codes provide crucial information about a product’s origin, processing, and manufacturing batch. Some customers may prefer to purchase products in specific unit types, while others may have options to choose from multiple types.

Warehousing 40

Warehousing Manufacturing Procurement Inventory Management Software Sourcing Strategies 40

RFgen

SEPTEMBER 24, 2015

Manufacturers use data collection devices to tell real pharmaceutical products from fakes. National Association of Boards of Pharmacy report, which discovered 96% of online pharmaceutical retailers did not meet the standards established by the NABP. CNN reported different fake drugs may contain dust, paint, ink and rat poison.

Pharmaceutical 52

Pharmaceutical Manufacturing Procurement Manufacturing Supply Chain Software 52

RFgen

SEPTEMBER 24, 2015

Manufacturers use data collection devices to tell real pharmaceutical products from fakes. National Association of Boards of Pharmacy report, which discovered 96% of online pharmaceutical retailers did not meet the standards established by the NABP. CNN reported different fake drugs may contain dust, paint, ink and rat poison.

Pharmaceutical 52

Pharmaceutical Manufacturing Procurement Manufacturing Supply Chain Software 52

GlobalTranz

AUGUST 22, 2016

Fortunately, you can improve your chances of success by understanding the top 10 things or best practices, report s Leslie Hansen Harps of Inbound Logistics , every distributor should know about e-commerce. AmazonSupply.com, reports Insite Software , is one of your biggest threats to maintaining a role in the distribution network.

Distribution 120

Distribution Vendor Strategies Manufacturing Procurement Procurement Analytics 120

Unleashed

NOVEMBER 5, 2023

However, there is no significant difference between barcodes used in a warehouse and those used in retail stores, distribution centres, or manufacturing firms. Better data provides more accurate inventory information and real-time reporting. This will allow you to track the movement of each batch through the manufacturing process.

Inventory Management Software 52

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

o9 Solutions

JANUARY 25, 2023

The DPP is a proposed policy solution to support more sustainable production, circular business models, enable consumers in making more informed purchasing decisions and to allow authorities to verify compliance with legal obligations. What is the digital product passport (DPP)? Who guarantees the quality of the data?

Supply Chain Planning Software 52

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