SYSPRO Smarter ERP

JULY 3, 2023

Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. The area of AI that manufacturers need to explore to drive their factories into the future is machine learning (ML). The Industry 4.0

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Manufacturing Data 98

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Procurement solutions are often updated with purchased information.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

SYSPRO Smarter ERP

APRIL 26, 2023

For manufacturers that have grown up from a small business, with a handful of employees and few customers, to one with many staff and customers, there comes a time when the business software needs of the company have to be re-evaluated. Here are ten reasons how an ERP system can help manufacturers.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Optimization Software 98

GlobalTranz

FEBRUARY 27, 2018

Procurement must never be an afterthought in any enterprise. Manufacturers need to have the right raw materials and supplies available. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement.

Manufacturing Procurement 166

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 166

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Why Is Purchase Price Variance Important?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics. Purchased parts and similar items.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 120

ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ?

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

ModusLink Corporation

NOVEMBER 30, 2021

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017).

Manufacturing Procurement 78

Manufacturing Procurement Procurement Solutions Optimal Sourcing Negotiating Skills 78

Supply Chain Game Changer

FEBRUARY 23, 2022

Featuring Our 12 Best Procurement Articles! Procurement is a process that involves obtaining and accepting terms and getting goods or services from an outside source. In other words, procurement is deciding to buy under conditions of less availability. Outdated Procurement Rules And Processes.

Manufacturing Procurement 90

Manufacturing Procurement Procurement Solutions Procurement Purchasing Skills 90

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

Logistics Viewpoints

FEBRUARY 14, 2024

For more information on the research, click here. Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Logistics and inventory management rounds out the top four focus areas at 82 percent. With the continued challenges facing supply chains, that is no surprise.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 246

Logistics Viewpoints

APRIL 8, 2024

These solutions use natural language processing, for example, to read online publications and other data sources, make sense of what they read, contextualize the data into information, and report supply chain disruptions caused by weather, geopolitical events and other hazards in near real-time.

Supply Chain Software 230

Supply Chain Software Supply Chain Manufacturing Procurement Predictive Analytics Software 230

SYSPRO Smarter ERP

FEBRUARY 23, 2022

Those manufacturers who are still using legacy or customized computer systems will find it difficult to make the necessary changes. Integration of design and manufacturing. Many manufacturers use a CAD/CAM system for design and engineering control. Inventory and logistics management. Quality management. Traceability.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Modeling Software 105

ivalua

DECEMBER 21, 2021

Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.

Manufacturing Procurement 130

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Predictive Analytics Software 130

Supply Chain Shaman

NOVEMBER 15, 2023

PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results. When he speaks of the supply chain, he means procurement. Likewise, when he speaks about the supply chain, his partner, Yossi, his mental model is logistics.

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

ModusLink Corporation

APRIL 22, 2024

Consider the unique requirements of your manufacturing process. For high-volume manufacturers, proficiency in efficiently managing large quantities of the same components is essential. Comprehensive Kitting Services: Tailored kitting solutions to meet the unique needs of electronics manufacturers.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

Supply Chain Shaman

JUNE 9, 2023

The current taxonomy (or frame/models) for the engines does not address the issues of the global multinational manufacturing company. In the Global Supply Chain, there are More Constraints To Address Than Just Manufacturing. Companies need a planning solution to analyze the trade-offs between make, source, and deliver.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

GlobalTranz

SEPTEMBER 22, 2016

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. So, why do supply chain managers not take advantage of this data with respect to procurement?

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 120

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus. The State of Supply Chain 2016 Trends.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

GlobalTranz

NOVEMBER 9, 2016

Simply using common calendar tools, such as Google, means you are using the IoT, but the Industrial Internet of Things (IIoT) leads to the use of connected, smart devices to reduce inefficiencies, delays, and inaccuracies throughout the product lifecycle, including procurement as well. Warehouse Management. Transportation Management.

Internet of things 246

Internet of things Manufacturing Procurement Supply Chain Software Logistics Network Optimization Software 246

Resilinc

MARCH 26, 2024

Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators. Regression Models: Predict Purchase Order Delays What are regression models? Watch the video below to learn more about our Purchase Order Delivery Delay Prediction Engine.

Modeling 113

Modeling Supply Chain Risk Management Modeling Software Risk Management 113

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 194

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 194

Supply Chain Game Changer

MAY 11, 2022

How to Create a Digital Marketing Strategy for a Logistics Company! Most manufacturers still rely on traditional methods to promote their business. Word-of-mouth referrals, networking events, and trade shows are still preferred by those in the manufacturing industry for a good reason they still work. Consult With The Experts.

Manufacturing Procurement 96

Manufacturing Procurement Waste Reduction Manufacturing Resource Reduction 96

AFFLINK

AUGUST 12, 2022

For procurement leaders, this finding indicates marked potential for making an environmental impact. For manufacturing facilities, the pressure is on to become the essential link to a more sustainable value chain. What Forces Are Driving The Demand For Sustainability In Manufacturing? The good news?

Manufacturing Procurement 62

Manufacturing Procurement Cost Reduction Strategies Sustainability Material Savings 62

GlobalTranz

JANUARY 30, 2018

Editor’s Note: This article comes from Steve Wright who works for Whirlwind Steel and shares his knowledge on manufacturing plant site selection. There are a number of factors to consider in manufacturing plant site selection to ensure you have the best location for your new plant. download ebook. Do nearby factories emit dust?

Manufacturing Procurement 150

Manufacturing Procurement Negotiating Skills Manufacturing Buyer Training 150

Locus

NOVEMBER 15, 2023

In the pulsating heart of rapidly developing economies like India, the manufacturing sector isn’t just growing—it’s exploding. On-time delivery in manufacturing isn’t just a logistical necessity—it’s the gold standard for customer satisfaction.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Price Reduction Material Savings 52

My Office Apps

JANUARY 16, 2024

In this ultimate guide, we’ll show you how to elevate your business operations, from procurement and logistics to manufacturing and more, ensuring a path to operational excellence and strategic success. Logistics and Supply Chain Visibility Gain real-time visibility into logistics and supply chain operations with ERP.

Optimal Sourcing 86

Optimal Sourcing Eliminating Excel in Purchasing Manufacturing Procurement Procurement Analytics 86

Supply Chain Shaman

NOVEMBER 21, 2022

The perspective of a manufacturing leader is quite different than that of a business leader in logistics. Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms or supports one’s prior beliefs or values. “ Reflection. Confirmation bias. Are the plans executed?

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 288

Logility

AUGUST 31, 2023

Through Logility, Kelly-Moore has moved beyond relying solely on shipment history to purchase raw materials by forging a deeper connection between its master production schedule and procurement decision-making. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

Enterra Insights

JANUARY 17, 2019

Nevertheless, over the past few years there have been some significant changes in the manufacturing sector, including the maturation of additive manufacturing and the emergence of the Internet of Things (often referred to as the Industrial Internet of Things (IIoT)). Manufacturing trends. ”[1] Those arguments still hold.

Manufacturing Procurement 100

Manufacturing Procurement Prescriptive Analytics Software Trends Manufacturing 100

Logistics Viewpoints

OCTOBER 10, 2022

This global, Tier 1 manufacturer is headquartered in Stockholm and had revenues of over $8 billion last year. in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

Logistics Viewpoints

FEBRUARY 19, 2024

The outsourced R&D, in turn, supported outsourced manufacturing with over 50 key suppliers. Tang argues, because the current crisis is hardly unprecedented; it is based on the changes that Boeing made to its R&D and manufacturing processes during the development of the 787 Dreamliner.

Supply Chain Design Software 223

Supply Chain Design Software Manufacturing Procurement Logistics Network Optimization Software Supply Chain Software 223

My Office Apps

MAY 9, 2022

Manufacturing ERP Software | Kechie ERP. By choosing a new ERP platform, a manufacturing company is investing in a product with a long lifecycle that will impact their business for many years to come. In order to maintain a competitive edge in the manufacturing industry, it is important to have the right software in place.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Inventory Management Software Supply Chain Software 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". The Buyer then sent a purchase order affirming its intention to purchase the two piping units to be manufactured by the Seller.

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

GlobalTranz

DECEMBER 3, 2015

The logistics, manufacturing, supply chain, and transportation industries are going through a time of rapid and unprecedented transformation. In this e-Book, we will explore emerging technologies and applications which will forever change the industries of manufacturing, supply chain, logistics, and transportation forever.

Manufacturing Procurement 120

Manufacturing Procurement Logistics Network Optimization Software Supply Chain Software Internet of things 120