Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. A Decline in Innovation. We started the conversation with sourcing. His response?

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

DELMIA Quintiq

DECEMBER 14, 2021

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. Source: [link]. With the right solution and strategy, food manufacturers have the potential to create a major impact in reducing the scale of our global food waste crisis.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

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

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. The goal is to keep inventory levels at a minimum to meet customer needs. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

OptiProERP

APRIL 9, 2024

Collaboration between production, procurement, and logistics teams is essential to optimize resource utilization and minimize lead times. Manufacturing and Assembly The heart of the process lies in manufacturing and assembly. Quality Assurance Quality assurance ensures that products meet predefined quality criteria.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

BlueYonder

APRIL 9, 2024

For the past 175 years, Carlsberg has continuously reinvented itself from a marketing, innovation and product perspective, while remaining true to its core values of enriching communities while manufacturing quality drinks. Dealing with each area — planning, manufacturing, distribution, fulfilment, etc. —

Optimal Sourcing 101

Optimal Sourcing Sustainability Material Savings Waste Reduction 101

Supply Chain Shaman

FEBRUARY 14, 2022

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) The process mistakes include: Mistake #1. Mistake #3. My challenge?

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Unleashed

MARCH 16, 2021

Having grown sufficiently, you may find your SME business now has the need for a dedicated purchasing manager – and perhaps even a purchasing department. So if you’re a business owner who is wondering how to run a purchasing department, then check out our practical guide below. Goals of purchasing.

Purchasing Skills 59

Purchasing Skills Manufacturing Procurement Procurement Solutions Procurement Analytics 59

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

GlobalTranz

MARCH 23, 2016

These teams and people meet daily in a “huddle” to discuss previous day goals and actual results. These metrics would, of course, be aligned and are updated every hour. The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Talking Logistics

AUGUST 20, 2018

Editor’s Note: The following is an excerpt of a research report published last week , “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation.” A total of 137 respondents completed the survey from Manufacturing, Retail, Logistics Service Provider, and other companies in the Americas, EMEA, and APAC.

Innovation 100

Innovation Company Cost Reduction Strategies Logistics Network Optimization Software 100

Supply Chain Shaman

JULY 21, 2022

In business conversations, the term supply chain excellence rolls off the tongue frequently in meetings, but what does it mean? The selection of metrics is based on prior work with Arizona State University to understand which metrics, in combination, correlate to market capitalization and price to book value. My insight?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

SCMDOJO

FEBRUARY 29, 2024

Your supplier may charge you an agreed-upon price, but if the service is unmarked or the merchandise is of poor quality, you won’t be able to meet your savings goals. The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

TransAudit

DECEMBER 13, 2023

BBB Industries’ sustainable manufacturing processes using recycled materials reduced GHG emissions by 38% compared to virgin resource production. Circular supply chains require multidirectional communication and innovation, so the technology must provide easy ways to accomplish this.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

crisp

DECEMBER 15, 2021

The pace of change is increasing exponentially, and there are innovations and learnings being shared across the industry every day. A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. Can we order from a different supplier to meet forecasted demand?

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Doing this, increases the benefits. This sounds obvious.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

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. A QMS typically aligns with your product lifecycle management (PLM) solution and your product innovation goals. billion to $855.62

Quality 88

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 88

Enterra Insights

MARCH 27, 2019

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance. ”[2].

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 100

Supply Chain Shaman

OCTOBER 8, 2019

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Financial forecasts tend to have a negative bias (forecasts less than market potential) to ensure that employees have a better probability of meeting their bonuses. Background. Bias and error. Figure 3.

Supply Chain Design Software 187

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 187

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

Unleashed

JANUARY 29, 2024

An electronics manufacturer chooses to discontinue older or less fashionable design models, based on market trends and customer preferences. Discontinuing lines will help the manufacturer free up production capacity, and redirect research and development spending to focus on the development and marketing of newer or more innovative products.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Supply Chain Shaman

MAY 21, 2013

Medical Device Manufacturer. The most common reporting relationship in the supplier organization is to a leader of supply (focus on logistics, distribution, materials sourcing and customer service). The focus has been on sourcing and managed costs. They are primarily focused on cost management on new purchase decisions.

Modeling 239

Modeling Modeling Software Pharmaceutical Procurement Analytics 239

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. Globalization. Today this rarely exists.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

Supply Chain Shaman

MARCH 28, 2016

The average manufacturing company’s supply chain organization is 15 years old. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. A Look at History.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Based in Paris, L’Oréal is a global personal care manufacturing company.

Case Study 263

Case Study Inventory Reduction Agile and Lean Supply Chain Study 263

Supply Chain Shaman

SEPTEMBER 2, 2016

Slow growth and rising costs dominate meeting agendas. Before I started doing this research, I believed procurement and manufacturing were aligned. While this is the case in 50% of the organizations, there are many organizations with large alignment gaps between finance/operations and procurement/manufacturing.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

Enterra Insights

SEPTEMBER 16, 2019

Consumers, activists, and investors increasingly want to know the products they buy are sourced sustainably and ethically. In retail, buyers want to understand where the products they are purchasing are coming from and how they were created.” sources of raw materials. performance-based metrics. direct suppliers.

Supply Chain Design Software 174

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 174

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. Production Lead Time: Encompassing manufacturing, quality control, assembly, and related processes. Each type of lead time can impact the global process.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Pros: It forms part of the CIPS Level 2 Certificate in Procurement and Supply Operations qualification.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

Logility

JANUARY 14, 2021

SaaSPath is a global survey of approximately 2,000 organizations across all geographic regions and company sizes, where customers are asked to rate their vendor on more than 30 different customer satisfaction metrics. It is truly an honor to be named by IDC as a leader in supply chain customer satisfaction.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimization Software Analytics Software Demand Planning Software 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

Arena Solutions

FEBRUARY 27, 2024

Circularity can deliver significant material cost savings through value chains and manufacturing processes, and create additional, value and new business opportunities. Manufacturers adopting a circular economy are realizing they need to think differently. When it comes to circular transition there are no one-size-fits-all solutions.

Material Savings 52

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 52

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. The company has strategically invested in automated distribution centers, streamlining the flow of products from manufacturers to stores.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. MRO inventory can account for a sizeable portion of a business’ total procurement spend.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

NC State SCRC

APRIL 3, 2019

The type of contract of interest in this report is for Development and Manufacture contracts in the Aerospace and Defense industries. The subcontract efforts feature the majority of military and part of commercial aviation, systems are outsourced by the overall airframe manufacturer, known as “primes” (Boeing, Airbus, Sikorski, etc.)

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

Supply Chain Shaman

APRIL 17, 2013

Source Merriam-Webster Dictionary. They are step change requiring either the redeployment of existing technologies or the purchase of new platforms. While SAP has purchased SmartOps and is marketing a demand sensing/demand translation offering, I have not been able to validate the solution through references. Details matter.

Supply Chain Design Software 257

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Supply and Demand 257

SYSPRO Smarter ERP

JULY 12, 2022

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Strategic sourcing with Cloud ERP.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 105