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

GlobalTranz

JUNE 30, 2017

Manufacturers have always struggled to know their customers. Unfortunately, this means manufacturers face an even greater challenge, as more customers translate into greater use of customer service. But, how do manufacturers turn their focus to the customer experience? Determine What Customers Want Today.

Manufacturing Procurement 275

Manufacturing Procurement Manufacturing Procurement Analytics Price Reduction 275

GlobalTranz

JULY 7, 2021

These firms facilitate the movement of parts and materials from suppliers to manufacturers and finished products from manufacturers to distributors and retailers. The post 3PL vs 4PL: How to Know Which One is Right for You appeared first on GlobalTranz Enterprises, LLC. 5PLs and the Rise of Transportation-as-a-Service.

3PL 310

3PL Third Party Logistics Logistics Network Optimization Software How To 310

Supply Chain Shaman

JANUARY 7, 2015

Tomorrow, I have a call with a manufacturing company to answer the question, “ What is the most important concept in the book?” While Joe is trying to balance the feedback from Filipe and Frank, he is often asked to change his metric targets by his CFO named Lou. The book outlines how to drive a guiding coalition.

Metrics 150

Metrics Agile and Lean Supply Chain Manufacturing Procurement Modeling 150

Supply Chain Shaman

FEBRUARY 18, 2021

Advanced planning evolved with a focus on modeling manufacturing constraints. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. The issue is that traditional functional metrics drive underperformance—the greater the variability, the larger the gap. Over time, this changed.

Supply Chain Planning Software 355

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

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. We do not know how to walk the talk. When It Comes to Cash-to-Cash, We Don’t Know How to Walk the Talk appeared first on Supply Chain Shaman. The post Collaboration?

Optimal Sourcing 299

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 299

Supply Chain Shaman

APRIL 2, 2025

The issue is that when companies optimize functional metrics, they throw the supply chain out of balance and sub-optimize value. There is no unifying data model to align procurement and manufacturing, transportation and distribution, revenue management and demand planning, or sales account teams with supply chain planning.

Optimal Sourcing 195

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

Silvon Software

JUNE 23, 2020

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. As with any analytics project, start small and work your way towards your goal.

Manufacturing Procurement 111

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 111

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

Supply Chain Shaman

DECEMBER 28, 2020

The first story is about a large regional food manufacturer. The second story is about a regional beverage manufacturer. The companies’ planning was in a vicious cycle where marketing programs were growing increasing error, and the lack of manufacturing modeling made it challenging to see what was feasible. (It The answer?

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Logistics Bureau

DECEMBER 28, 2024

How to Reduce Carbon Emissions in Your Supply Chain 1. This means developing supplier evaluation frameworks that include carbon metrics, working together on joint emission reduction projects, and incentivising suppliers to meet or beat carbon targets. The difficulty many businesses now face, is understanding where to start.

Material Savings 75

Material Savings Resource Reduction Supply Chain Design Software Supply Chain Planning Software 75

DELMIA Quintiq

JUNE 22, 2021

In this final blog on agility and why you should consider becoming an agilist to survive the new completion (of the continuous mention) of the application of enterprise decision management systems (EDMS) from Taylor and Raden cited in the first blog, I turn to the metric of agility and a new ROI metric of decision yield.

Metrics 156

Metrics Supply Chain Planning Software Agile and Lean Supply Chain Optimization Software 156

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

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. The question was on “how to improve performance.”

Supply Chain Planning Software 377

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 377

Supply Chain Shaman

JULY 6, 2020

Frank, the line manager for manufacturing, dominated the meetings. The idea was so novel and counter to my project direction that I did not know how to react. Despite goals to improve agility and resiliency, functional metrics for manufacturing efficiency continually throw the supply chain out of balance.

Agile and Lean Supply Chain 362

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 362

SCMDOJO

MAY 26, 2025

Beyond automation, digital systems like Manufacturing Execution Systems (MES) provide real-time visibility into production activities. Project management software for manufacturing environments can also centralize scheduling, task assignments, and workflow visibility. Hence, automating these functions ensures greater consistency.

Supply Chain Planning Software 59

Supply Chain Planning Software Inventory Reduction Material Savings Resource Reduction 59

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. How do you define the metrics that matter?

Procurement Analytics 279

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 279

QAD

JULY 1, 2021

What are Total Manufacturing Costs? Your total manufacturing costs are essentially an expense analysis that calculates how each of your company’s departments contributed to producing a finalized product. This looks at all stages of the manufacturing process from raw materials to work-in-progress to final result.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 98

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. The traditional leader values cost reduction but is blind on how to value time. Currently, I am working on a study to understand the value of synchronizing contract manufacturing with in-house manufacturing and procurement.

Supply Chain Planning Software 417

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

SYSPRO Smarter ERP

APRIL 8, 2025

In manufacturing, performance improvement, cost reduction and process optimization are crucial. Manufacturers have adopted innovative solutions and technologies to deal with these issues. There is no question that AI and ML will have important roles in shaping the future of manufacturing ERP. What is AI and ML?

Supply Chain Design Software 62

Supply Chain Design Software Modeling Software Forecasting Software Modeling 62

GlobalTranz

MAY 18, 2018

Leverage Inventory as Data When systems communicate, they create inventory data, but actual inventory can be turned into data points and metrics to understand the flow of products. How to Avoid Supply Chain Technology Hiccups appeared first on Transportation Management Company | Cerasis.

Supply Chain Design Software 184

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 184

Supply Chain Shaman

NOVEMBER 21, 2023

I worked three layers down in the organization for a well-established leader in manufacturing named Dan. Dan had a very manufacturing view and Fred focused on logistics. His goal was to separate manufacturing and distribution inventories to improve his bonus incentives. The metrics were not aligned. You have to do so.

Supply Chain Planning Software 406

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 406

Supply Chain Shaman

MARCH 21, 2024

During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. Lack of aligned metrics.

Inventory Reduction 434

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 434

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 69

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 69

Unleashed

DECEMBER 15, 2021

Days Sales of Inventory (DSI) is a key measure to help you understand how efficient your inventory management is. Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

RFgen

NOVEMBER 27, 2024

You’ll learn how to leverage data to streamline operations, reduce costs, improve efficiency, and exceed customer expectations. Data analytics helps you monitor key performance indicators (KPIs), like supplier performance, delivery times, and transportation efficiency — all in real-time.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

SCMDOJO

FEBRUARY 26, 2025

By the end of this blog post, you will be able to not only understand what cost performance index is, but also know how to calculate it. What contexts can it be used in and how, as well as the benefits of using cost performance index in supply chain contexts. What is the Cost Performance Index (CPI)? The research paper by Winanda et.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Negotiate Pricing Cost Reduction Strategies 52

GlobalTranz

DECEMBER 29, 2014

We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. When a manufacturer’s product normally moves through the supply chain network, it is to reach the distributor or customer. Any process or management after the sale of the product involves reverse logistics.

Logistics Network Optimization Software 321

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 321

IQMS

JULY 21, 2023

The ability to ensure product quality is the cornerstone of a manufacturer’s success. By integrating quality into every step of the manufacturing process, companies can cut the production costs associated with rework and scrap, as well as lower the risk of recalls and potential litigation over defective products.

Quality 52

Quality Waste Reduction Cost Reduction Strategies Resource Reduction 52

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. In this ultimate guide, we’ll break down everything you need to know about manufacturing inventory management software. Spreadsheets just don’t cut it anymore.

Inventory Management Software 52

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

GlobalTranz

FEBRUARY 25, 2021

For instance, goods move from the customer to the distributor or to the manufacturer. When a manufacturer’s product normally moves through the supply chain network, it is to reach the distributor or customer. How to Optimize Your Return Logistics Through Integration. In turn, those costs may then fall to the manufacturer.

Reverse Logistics 310

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 310

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

FEBRUARY 1, 2024

Optimization engines to improve functional metric performance resulted in an exploding number of planners. Contract Manufacturing Signal Latency. In my last blog post, I shared insights on data synchronization between brand owners and contract manufacturing. On average, it takes 2.8 Armed with this insight, start the discussion.

Supply Chain Planning Software 392

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 392

IQMS

AUGUST 5, 2022

Sustainable manufacturing has become essential for manufacturers to maintain customer loyalty, win new business, and remain competitive in today’s supply chain based marketplace. In the past, manufacturers were slow to set goals in this area. Sustainable manufacturing also enhances employee, community, and product safety.”

Manufacturing Procurement 52

Manufacturing Procurement Sustainability Waste Reduction Manufacturing 52

Supply Chain Shaman

OCTOBER 29, 2014

Some may be used by the digital marketing teams for marketing purposes, but the average company does not know how to use it. Tomorrow, I get to deliver this message to a large manufacturing client. In addition, I am now done with the page proofs for my new book, Metrics that Matter. I am speaking at their global kick-off.

Supply Chain Planning Software 379

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 379

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 Optimal Sourcing Supply Chain Planning Software 156

IQMS

APRIL 21, 2023

And the manufacturing sector is no exception. In fact, the National Association of Manufacturers (NAM) observes that by “leveraging data and enabling greater efficiency, AI in manufacturing will improve communication, increase collaboration across disciplines, and stimulate innovation.” Improve machine yields and rates.

Waste Reduction 52

Waste Reduction Resource Reduction Cost Reduction Strategies Price Reduction 52