AFFLINK

AUGUST 17, 2022

The purpose of any supply chain is to get materials from the point of origin to the place of need as quickly and inefficiently as possible. In today's market — now pockmarked by erratic supply chain disruptions — fulfillment is easier said than done. Top Distributor Challenges: 1.

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Software Optimal Sourcing Demand Planning Software 62

Unleashed

FEBRUARY 8, 2023

Product businesses are holding more stock than ever before, creating new cash flow problems for manufacturers. In our latest Supply Chain Roundtable, four supply chain experts share their advice on avoiding insolvency during turbulent times. James Ewing: Procurement Manager at Renewable Parts Ltd.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 98

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Raymon Krishnan – President at the Logistics and Supply Chain Management Society. This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. This practice is illegal. Free trade agreements (FTAs). Postponement. Insourcing.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

RFgen

FEBRUARY 10, 2023

Supply chain optimization and attracting talent will continue to be top-of-mind for manufacturers. Artificial intelligence (AI) is most likely to transform the manufacturing sector. Manufacturing has changed dramatically in recent years. As fundamental elements of the modern “smart factory,” Industry 4.0

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Analytics Software 52

Unleashed

DECEMBER 12, 2023

An intentional approach to bill of materials (BOM) management is essential for improving the efficiency of your manufacturing process. This article explores the benefits of good BOM management, the role of a BOM manager, and how to manage your BOMs effectively with best-practice processes, software, and equipment.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52

Ware2Go

OCTOBER 22, 2021

Learn how to mitigate and avoid dead stock through strategic warehousing and inventory management to lower fixed costs, combat supply chain disruptions, and overcome current peak season challenges. How to Avoid Future Dead Stock. What Is Dead Stock?

Inventory Reduction 98

Inventory Reduction Negotiating Skills Cost Reduction Strategies Inventory Management Software 98

RFgen

APRIL 12, 2024

Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. To start with, inventory costs go beyond the initial purchase price of goods. From there, the goods are received and put away in the warehouse.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

Logility

AUGUST 24, 2023

Production planning software helps you determine how to run production based on your client orders, forecasts, and safety stock requirements. This schedule gives you a detailed, time-phased representation of the quantities, timing, and sequencing in your manufacturing operations. What is production planning software ?

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 147

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

It has also emphasized how fragile supply chains really are. Manufacturers have realized that while they may aim to be stable, what they really need is to be agile. How rapidly can you adapt if something changes quickly like it has done? How do you ensure delivery if once reliable supply chains break?

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Forecasting Software 115

AFFLINK

JULY 15, 2020

Here’s how to stay safe and well-stocked through COVID-19: Mitigate Exposure to COVID-19. Last-minute store runs are like a crutch supporting inefficient procurement processes. The global pandemic triggered end-to-end supply chain disruptions, which means shortages upstream and downstream are imminent.

Procurement Solutions 62

Procurement Solutions Optimal Sourcing Manufacturing Procurement Price Reduction 62

Logistics Viewpoints

MARCH 25, 2021

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

Unleashed

OCTOBER 16, 2023

Every manufacturer knows the importance of raw materials – without them, there’s no final product. Raw material inventory management oversees the procurement, handling, and storage of raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Let’s dive in.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Supply Chain Shaman

OCTOBER 25, 2021

Warehouses are full and shelves are empty. Manage Make, Source, and Deliver Together. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Leaders are blind that the most efficient supply chain (lowest cost) is not the most effective. Volume is up. All are out of balance. What to do?

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Unleashed

JULY 2, 2023

It’s used frequently in inventory accounting to help businesses understand their holding costs and make optimised purchasing decisions. In this article, we explore what Days Inventory Outstanding is, how to calculate it, and how to improve the result. What is Days Inventory Outstanding?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

ShipBob

FEBRUARY 25, 2022

This involves keeping track of critical distribution metrics such as how many orders were shipped out on time because this is vital to determine how efficient their processes are, how satisfied customers will be, and whether they need to make improvements. How to calculate OTIF. What is OTIF? Lack of inventory visibility.

Optimal Sourcing 52

Optimal Sourcing Real-time Visibility Procurement Analytics Supply Chain Planning Software 52

Supply Chain Shaman

OCTOBER 25, 2021

Warehouses are full and shelves are empty. Manage Make, Source, and Deliver Together. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Leaders are blind that the most efficient supply chain (lowest cost) is not the most effective. Volume is up. All are out of balance. What to do?

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Unleashed

JANUARY 10, 2023

In this supply chain planning guide: What is supply chain planning? Supply chain planning is the process of optimising the delivery of goods and services from manufacturer to consumer. It aims to balance supply and demand through accurate forecasting, ensuring maximum revenue and minimal spending.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Stord

APRIL 11, 2022

Source: Federal Reserve Economic Data ) The reason for the lack of inventory is complex. First, the pandemic caused unforeseen changes in demand and labor challenges across the supply chain, leading to bottlenecks and disruptions that persist today. Potential manufacturing cost savings, since volumes are higher.

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

EazyStock

DECEMBER 13, 2021

Delays at manufacturing sites, container shortages and a lack of raw material have all led to stockouts. During times of supply chain disruption, stockouts are inevitable. Therefore it is critical that you put measures in place to mitigate their disruption to your business and your customers.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Supply Chain Planning Software 52

Unleashed

NOVEMBER 19, 2023

Make smarter purchasing decisions Another advantage of supply chain management is that it facilitates better sourcing and purchasing of raw materials, components, and finished goods. According to Campbell, having a backup is also key in optimising your purchasing management. “We

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Material Savings Inventory Reduction 52

ThroughPut

MAY 23, 2024

The Bullwhip Effect is a phenomenon where slight fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesale, distributor, and manufacturer levels. Understanding and mitigating the bullwhip effect enables better supply chain management and more efficient and resilient supply chains.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Price Reduction 52

Logistics Bureau

DECEMBER 4, 2023

One factor that stands out to me as a highlight of their IM strategy is their seemingly chaotic approach to warehouse layout. At that point, each SKU will be taken to any convenient storage location in the warehouse. This process ensures that Amazon’s warehouse management system records the location of every item in the facility.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

ToolsGroup

JUNE 27, 2022

Here’s the usual flow of materials throughout the supply chain as it relates to vertical integration. At the back of your supply chain, you’ve got your raw materials being procured. In the middle, you’ve got your manufacturers that take those raw materials and turn them into finished goods.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

Unleashed

APRIL 18, 2022

An example of supply chain resilience A basic example of supply chain resilience is building in redundancy through dual sourcing: having an alternative supplier for important parts or ingredients. ” What are the benefits of supply chain resilience? How is supply chain resilience measured?

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Inventory Reduction Supply Chain Strategy 97

EazyStock

MARCH 22, 2022

Understaffing – if you miscalculate peak sales periods, you might also be understaffed in your warehouse and customer-facing roles to successfully manage the sales peak. How to overcome demand forecasting challenges. Collaboration between purchasing and sales departments will allow better sales and trend pattern tracking.

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Modeling 52

Enterra Insights

MAY 20, 2022

Since China is home to seven of the world’s 10 biggest container ports, lockdowns could disrupt supply chains well into the foreseeable future. Supply chain concerns, however, don’t focus solely on the movement of consumer goods. A key to making supply chains more resilient, is improving visibility.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Agile and Lean Supply Chain 130

Unleashed

JUNE 14, 2022

In this ultimate eCommerce fulfilment guide for SMEs, we cover the essential elements for your fulfilment process, identify the challenges you may face, look at different types of fulfilment, and offer tips on how to plan your businesses fulfilment strategy. Order processing when a purchase is made online. What is eCommerce fulfilment?

Inventory Reduction 98

Inventory Reduction Material Savings Resource Reduction Cost Reduction Strategies 98

Unleashed

AUGUST 16, 2023

Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. Products available on backorder are are out of stock in the supplier’s warehouse but may still be purchased by consumers in advance of future availability. How long do backorders take?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

DELMIA Quintiq

JUNE 13, 2017

A quick Google search on supply chain delivery failures reveals many similar stories: Bombardier Inc’s problems go far beyond planes: How a failure to deliver streetcars on time has ripple effects across Canada. 58 million: the real cost of supply chain disruption in the UK.

Optimal Sourcing 0

Optimal Sourcing Modeling Supply Chain Planning Software Global 0

Unleashed

JANUARY 31, 2023

Supply chain disruptions are the enemy of product businesses. Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. Let’s explore how to make it work for your business. Let’s explore how to make it work for your business.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

Resilinc

JUNE 27, 2023

Resilinc’s 24/7 monitoring system, EventWatch AI , is designed to track over 50 types and 400 sub-types of supply chain disruptions. When receiving EventWatch AI alerts, clients are often surprised to find that Mergers & Acquisitions (M&As) are a frequently occurring disruption in their inboxes.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Gartner 62

Supply Chain Matters

JUNE 21, 2022

The argument is one stated by this blog along with others, namely that the longer that higher global-wide ocean transportation cost increases exist at 2021 levels, the more compelling is the requirement for manufacturers and retailers to consider reshoring or nearshoring sourcing strategies. Rising Costs of Warehousing.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

SYSPRO Smarter ERP

FEBRUARY 22, 2024

Many manufacturers struggle to optimize warehouse productivity and attract skilled employees. put annual warehouse turnover rates at 43 percent. An ERP system that incorporates a cutting-edge warehouse management system (WMS) can help you optimize processes, streamline workflows and decrease errors.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

BlueYonder

JANUARY 31, 2023

In this Part 2 blog post, we will continue to explore how automotive manufacturers are carrying out effective supply chain initiatives and their innovative solutions. Salim: Our automotive customers are increasingly looking at how to counter inflation but at the same time how to enable supply chain resiliency.

Automotive 84

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 84

ToolsGroup

JUNE 2, 2023

Once upon a time, the world of manufacturing was a relatively stable place. But then, supply chain disruption became the rule instead of the exception, consumers changed their tastes as often as their socks, and global competition started playing hardball. So how does a manufacturer navigate this rollercoaster?

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Locus

JUNE 2, 2023

Inbound logistics activities typically include transportation, warehousing, inventory control, material handling, quality control inspections, and scheduling. Effective inbound logistics management helps streamline production operations and reduce supply chain disruptions. What is outbound logistics?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Logistics Network Optimization Software Supply Chain Optimization 52

ShipBob

AUGUST 3, 2021

In this article, you will learn the importance of supply chain agility, what it means to be agile, plus strategies and best practices you can incorporate into your supply chain. How to Choose a 3PL for Your Ecommerce Business. Discover how to find the best mutual fit for your business. Download the Guide.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Sourcing Strategies Inventory Reduction Material Savings 119