RFgen

DECEMBER 19, 2024

That’s the power of manufacturing data collection. Manufacturing data collection is your secret weapon for boosting efficiency, cutting waste, and staying ahead of the competition. Let’s dive in and unlock the potential of your manufacturing data. Its the foundation of modern manufacturing efficiency.

Manufacturing Procurement 98

Manufacturing Procurement Optimization Software Supply Chain Planning Software Inventory Reduction 98

Supply Chain Shaman

JULY 31, 2024

How should a global manufacturer make a decision? And how can supply chain planning help? My goal was to think harder about how to best implement Advanced Planning before I wrote my next post. In short, the research tells me that the manufacturing industries are stuck. What defines a feasible plan? Focus on Value.

Supply Chain Planning Software 413

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 413

Supply Chain Shaman

DECEMBER 15, 2022

Companies became less clear on the definition of supply chain excellence and how to implement decision support technologies. In the supply chain team analysis, note the 21% gap between procurement and manufacturing teams, the 35% gap between sales and operations and the 21% gap between finance and operations. Functional Metrics.

Manufacturing Procurement 397

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 397

Supply Chain Shaman

APRIL 19, 2024

In this research, 81% of brand owners and contract manufacturers primarily depend on communication through email and spreadsheets. Approximately 32% of manufacturing, across industries, is outsourced. Shipment data is the most important, but we have not figured out how to best move logistics network data across trading partners.

Supply Chain Network Software 374

Supply Chain Network Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 374

SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.

Purchasing Skills 56

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 56

Logistics Viewpoints

OCTOBER 23, 2023

The discipline has done a good job of driving collaboration between sales and marketing and manufacturing, procurement, and logistics. Because procurement is a major theme of the conference, I could not help but talk to the top executives of this business unit about the new Elon Musk biography.

Manufacturing Procurement 321

Manufacturing Procurement Supply Chain Design SAP Procurement 321

SYSPRO Smarter ERP

APRIL 10, 2025

In a previous blog AI and Machine Learning in Manufacturing ERP: Key Benefits , we discussed the benefits of using AI in manufacturing and how it could be enhanced with an ERP system. While manufacturers are keenly interested in using AI, the main question they have is what are the best use cases for AI in ERP?

Manufacturing Procurement 64

Manufacturing Procurement Manufacturing Supply Chain Design Software Modeling Software 64

Supply Chain Shaman

APRIL 18, 2023

In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. The traditional leader values cost reduction but is blind on how to value time. Order cycles–the requested time from order to delivery–decreased while supply cycles –the time to procure materials– increased. (Yes,

Supply Chain Planning Software 417

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 417

Jaggaer

APRIL 9, 2025

How MES is Shaping the Future of Manufacturing and Boosting Production Efficiency What is a Manufacturing Execution System (MES)? Regardless of the size of an operation, an MES can contribute to overall productivity and profitability by controlling information about the manufacturing process.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Supply Chain Planning Software Modeling Software 52

Supply Chain Shaman

NOVEMBER 11, 2020

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. As a result, organizations struggle with how to move forward. Kinaxis Purchase of Rubikloud. Reflection. Let me explain.

Supply Chain Design Software 362

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 362

Supply Chain Shaman

APRIL 2, 2025

We have not designed the planning systems to serve managers, directors, and vice presidents, aiming to improve decision-making and collaboration across the source, make, and deliver processes. Explore the data the organization owns and explore how to use different forms of data to answer the questions central to the business.

Optimal Sourcing 195

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Design Software 195

Enterra Insights

DECEMBER 17, 2024

They write, “This includes tackling bigger issues such as compliance, supplier relationship management, risk and disruption, responsible sourcing, and transparency. “AI allows you to integrate real-time data from various sources, helping you devise more efficient delivery routes and schedules.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

RFgen

JANUARY 16, 2025

Keeping track of all your moving parts in manufacturing is a tall order. That’s where manufacturing inventory management software comes in. We’re talking real-time tracking, automated purchasing, and a whole lot less stress. Its your single source of truth for inventory, constantly updated and readily available.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Supply Chain Planning Software Optimization Software 52

Supply Chain Shaman

JANUARY 30, 2025

The Salesforce.com model is primarily a pipeline management tool suitable for discrete markets but not process manufacturers. Relex will continue to do well in the retail market but will struggle to be a serious player in manufacturing due to the lack of thought leadership. Will this change the market? I don’t think so.

Supply Chain Planning Software 222

Supply Chain Planning Software Supply Chain Design Software Modeling Modeling Software 222

SCMDOJO

JANUARY 23, 2025

A business will lose money if these resources and services are sourced from distant regions and locations. And vice versa, sourcing from nearby locations will save money and time. The following chapters will review three core local SEO strategies and focus on how to boost these essential SCM processes in your business.

Optimal Sourcing 98

Optimal Sourcing Sourcing Strategies Supply Chain Optimization Supply Chain Strategy 98

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. Procurement: Purchase price variance and procurement cost.

Supply Chain Planning Software 355

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 355

Supply Chain Shaman

SEPTEMBER 27, 2021

Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Current State of Visibility. Your wallet has a social security or a passport number. Close this gap.

Supply Chain Planning Software 390

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 390

Supply Chain Shaman

FEBRUARY 1, 2024

Contract Manufacturing Signal Latency. In my last blog post, I shared insights on data synchronization between brand owners and contract manufacturing. In our research, we find that 32% of volume is manufactured by a third party. days to receive a purchase order confirmation. The average purchased order changes 3.5

Supply Chain Planning Software 392

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 392

Jaggaer

APRIL 9, 2025

Embracing the Future: How Manufacturing 4.0 is Transforming Industry What is Manufacturing 4.0? Also known as the Fourth Industrial Revolution, Manufacturing 4.0 With it, the pace of change in manufacturing is accelerating like never before. Manufacturing 1.0: Manufacturing 1.0: Manufacturing 2.0:

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Analytics Software Predictive Analytics Software 52

Logistics Viewpoints

FEBRUARY 20, 2024

This article describes how to incorporate simulation techniques into optimization, build a stochastic optimization model, and end up with a more resilient supply chain model. Optimal sourcing plant is different for different periods A baseline optimization model shows that depending on the period (month), the optimal sourcing location varies.

Sourcing Strategies 311

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 311

Jaggaer

APRIL 24, 2025

Supply chain management typically does not fit very well with procurement, which is a challenge at the best of times, and can be a disaster in difficult times. She suggested that we need to unlearn what we know before we can learn how to fix this situation. Procurement must adjust accordingly.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Demand Planning Software 52

BlueYonder

FEBRUARY 14, 2023

The following are the insights gained from my discussion with Sunil Roy , who leads Blue Yonder’s Industrial Manufacturing Industry Strategy, during a recent Blue Yonder Live and executive customer events that we prepared for jointly. So overall, the competitiveness among the industrial manufacturers around the world has grown several bounds.

Manufacturing Procurement 139

Manufacturing Procurement Material Savings Inventory Reduction Cost Reduction Strategies 139

Logility

MAY 14, 2025

Whether its demand forecasting, network design, or manufacturing optimization, AI is enabling companies to respond faster and smarter to disruption. Companies need a comprehensive view of their supply chain network to understand how every change impacts procurement, production, and distribution.

Gartner 131

Gartner Modeling Supply Chain Design Software Optimal Sourcing 131

Logistics Bureau

JANUARY 16, 2025

Just ask any manufacturer who’s had to halt production because a single critical component wasn’t available. 2) Diversify Your Operations The companies most likely to get through a crisis are those that have made an effort to diversify their operations and implement multi-sourcing strategies.

Sourcing Strategies 74

Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 74

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 156

Supply Chain Shaman

NOVEMBER 21, 2022

While optimization continues to be deeper and more valuable, organizations aren’t clear on desired outcomes and how to make functional trade-offs. The perspective of a manufacturing leader is quite different than that of a business leader in logistics. “ Reflection. As shown in Figure 1, the reporting relationships vary.

Supply Chain Planning Software 376

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 376

Logility

MAY 18, 2020

That could be a B2B marketing firm using predictive lead scoring to generate better leads, or a manufacturing company?using Retailers use purchasing behaviors to understand which customers are likely to come back into the store or make an online purchase, while manufacturers can use modeling to understand when machines will need repairs.

Predictive Analytics 228

Predictive Analytics Analytics Software Predictive Analytics Software Procurement Analytics 228

GlobalTranz

FEBRUARY 25, 2021

Understanding the dynamics behind how, when, and why customers return items is essential to understanding purchasing behavior and improving the overall experience. Variances in manufacturer sizing contribute to over 50% of customers returning items due to product size or fit.”. Contact Our Reverse Logistics Team Today.

Reverse Logistics 253

Reverse Logistics Expense Reduction Inventory Reduction Supply Chain Strategy 253

Logistics Viewpoints

AUGUST 11, 2022

It collects and stores data from a variety of sources. These sources may include electronic logging devices, telematics networks, mobile devices, RF devices, and GPS information from automatic identification systems for ship locations and NORAD for aircraft positioning. Obviously, the latter will require a more sophisticated solution.

Supply Chain Planning Software 264

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Supply Chain Network Software 264

Precoro

MAY 19, 2025

Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?

Procurement Analytics 45

Procurement Analytics Procurement Solutions Manufacturing Procurement Examples 45

Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products.

Prescriptive Analytics Software 286

Prescriptive Analytics Software Supply Chain Software Predictive Analytics Software Forecasting Software 286

QAD

JANUARY 23, 2025

In 2025, however, QAD Director of Product Marketing Michael Ochi predicts that will change as more businesses discover how to move beyond experimentation and pilot projects to deliver tangible results. Like any engine, it cant run without fuel, and not just any type of energy source is going to cut it.

Manufacturing Procurement 52

Manufacturing Procurement Predictive Analytics Software Optimization Software Optimal Sourcing 52

Supply Chain Shaman

APRIL 16, 2024

Yes, there is a great opportunity, but the question is how to jump. How to get started? Technology providers focus on serving the planner, but I find that they are blind to the larger requirements of how to serve the organization better. How do I improve the plan? Guess what? Adding more planners is not the answer.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Modeling 221