Synovos

JANUARY 8, 2024

Procurement culture: challenging the old, developing the new One of the biggest challenges facing the indirect procurement industry today is digitalization. Will procurement roles continue to exist? The big question is whether procurement roles like mine will still be around in years to come.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction Strategies 52

SYSPRO Smarter ERP

MARCH 29, 2022

Manufacturers are aware they need to modernize to take advantage of what technology can offer. However, technology options are available for manufacturers to use that can help digitalize their operations without the expense (not to mention production downtime) of plant upgrades. The 5th, 10th or is it older? What is 4IR?

Manufacturing Procurement 116

Manufacturing Procurement Modeling Software Manufacturing Supply Chain Planning Software 116

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. With companies producing more and more products worldwide, the issue of keeping track of enormous amounts of parts and materials used in the manufacturing process has grown increasingly complex.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

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. In other words, the use of AI may help to improve patient outcomes and reduce delays from misdiagnoses or laboratory testing. 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

JANUARY 17, 2017

Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. Like any modern business, you can learn great things by looking back at what did and did not come to fruition. Predictive Analytics Became Commonplace to Manufacturing.

Manufacturing Procurement 120

Manufacturing Procurement Predictive Analytics Procurement Analytics Predictive Analytics Software 120

ModusLink Corporation

NOVEMBER 16, 2021

If your idea of efficiency is one of these mentioned, your strategy of taking the fastest route is probably not a good idea. First, the sought-after raw materials are procured. Then, the business uses these raw materials together with labor to convert them into their final product. Procurement. Product design.

Optimal Sourcing 78

Optimal Sourcing Material Savings Sourcing Strategies Manufacturing Procurement 78

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. The need for more raw materials is echoed by Nishith Rastogi of Entrepreneur Media as more products are tossed out in favor of the next best thing. New markets are emerging in the global economy daily.

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

GlobalTranz

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturers will seek custom (or specifically tailored) e-commerce solutions.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Arena Solutions

JUNE 9, 2022

Fulfilling safety and environmental regulations, procuring components with existing supply chain concerns, and meeting quality requirements are all challenges that have electric vehicle (EV) manufacturers turning to digital solutions and processes to help them collaborate across the supply chain. Smart transformations.

Optimal Sourcing 96

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 96

Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. HarbisonWalker International Manufactures and Distributes Refractory Products. This form, fill, and seal technology extends the shelf life of these materials.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

QAD

SEPTEMBER 30, 2022

Especially if companies rely on the ‘plan and react’ strategy employed by traditional supply chains, they will have a much more challenging time implementing strategies to improve their supply chain. Demand planning software can help prevent the purchase of too much or too little material so that companies can ensure optimal profits.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Supply Chain Planning 94

Supply Chain Game Changer

NOVEMBER 19, 2018

Pressures for Cost Reduction in Supply Chain. Certainly there are many factors which can cause a company to apply intense pressure on Supply Chain, as well as other functions, to reduce their costs. A poor or negative cash position can cause Executives to look at how to reduce expenses to survive. Promoting Supply Chain Value.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Professionals in this field often find themselves venturing into manufacturing, IT, technology, ERP systems, and even commercial roles.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 72

Logility

MARCH 29, 2018

Today, we continue this conversation and look at six must have capabilities that drive supply chain improvement for F&B manufacturers. F&B manufacturers are increasingly being asked to manage inventory at customer locations or guarantee a rapid replenishment cycle. Demand-Driven Manufacturing Planning.

Beverage 100

Beverage Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 100

Supply Chain Shaman

DECEMBER 11, 2018

New forms of Internet-of-Thing (IOT) data enables information at the speed of business, but companies struggle to build streaming data architectures. Makes us wonder if we should even manufacturer products in traditional ways? In global companies aligning asset strategies with business shifts tactical planning is critical.

Supply Chain Planning Software 204

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 204

GlobalTranz

JANUARY 4, 2016

We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. We have already covered the top 6 trends for 2016 in manufacturing. Develop digital strategies that allow you to proactively evolve ahead of the competition.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

ShipBob

JANUARY 17, 2022

Supply chain execution refers to the process of driving the flow of goods within the supply chain – starting from procurement all the way through final-mile delivery. Activities included in supply chain execution are manufacturing, distribution, warehousing, fulfillment, and transportation. Procurement and manufacturing.

Supply Chain Execution 52

Supply Chain Execution Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

OptiProERP

NOVEMBER 19, 2021

Mechanization also became widespread and the United States became more focused on manufacturing rather than agriculture. helps manufacturing organizations collaborate across departments, with vendors, and with partners in a more omnipresent and connected way. is Advancing Manufacturing. Internet of Things.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Network Software 52

Supply Chain Game Changer

JUNE 11, 2019

. “Supply chain management (SCM) is the broad range of activities required to plan, control and execute a product’s flow, from acquiring raw materials and production through distribution to the final customer, in the most streamlined and cost-effective way possible. ” This definition gives a great overview.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 105

Enterra Insights

AUGUST 2, 2019

He was hired as a purchasing agent and was directed to obtain some procurement training at a local certificate mill.[1] ”[2] Here’s the rub, “More than 50% [of respondents said] reducing costs and improving margins is still crucial, with another 28% saying it is very important.” Where are they located?

Optimal Sourcing 100

Optimal Sourcing Manufacturing Procurement Logistics Network Optimization Software Logistics 100

IQMS

MAY 24, 2018

Investing in a manufacturing company – and/or operating a manufacturing company – in the current economic climate represents both opportunity and risk as U.S. manufacturing demand and profitability are accelerating. Manufacturing Predicted to Regain All Output Lost in the Great Recession by April 2019. “The

Manufacturing Procurement 41

Manufacturing Procurement Manufacturing Supply Chain Planning Software Supply Chain Design Software 41

20Cube Logistics

FEBRUARY 23, 2019

The study also states that the implementation of end-to-end supply chain digitization with advanced robotics, Internet of things (IoT) and other advanced analytics of big data in your supply chain will increase your EBIT score by 75 percent. These will save you time and mitigate unnecessary investments. Define SCaaS?

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Forecasting Software 40

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Procurement Experiences, Trends and the Future! In the book, The Living Supply Chain , the authors argue that, “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory.

Predictive Analytics 45

Predictive Analytics Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 45

NC State SCRC

APRIL 27, 2016

How do we get materials from our suppliers to our partners to our customers – given that we rely primarily on spreadsheets and email to interact. What impact does digitization (the internet of things, or IoT) have on my organization and my employees? Will digitization change the way we measure things and monitor metrics?

Sourcing Strategies 40

Sourcing Strategies Material Savings Cost Reduction Strategies Real-time Visibility 40

ThroughPut

MAY 16, 2024

In the context of supply chains particularly, agility is what can save the day in the midst of all those challenges. Powered by data analytics and advanced technologies, every stage of the supply chain can be critically analyzed, starting from procurement to distribution to identify and prioritize improvement opportunities.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

Supply Chain Shaman

FEBRUARY 25, 2016

The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. The mission for most companies is to drive transformative growth strategies. Or is it the use of the Internet of Things to transform manufacturing or reduce issues with counterfeiting?

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Enterra Insights

DECEMBER 28, 2021

One oft-discussed strategy to save the planet is transitioning to a circular economy. As the SmartCitiesWorld news team writes, “While the circular economy is still in its infancy, it is a key sustainability strategy being adopted by world and industry leaders in their fight against climate change.”[1]

Material Savings 130

Material Savings Waste Reduction Resource Reduction Cost Reduction Strategies 130

DynaSys

JUNE 16, 2021

We have been discussing the concept that the food & beverage supply chain is similar to that of a recipe for a manufactured food product. To have a successful orchestration of the supply chain, the entire ecosystem of the manufacturing company needs to be informed and operating in unison. Knowledge is power.

Beverage 52

Beverage Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 52

Shipchain

OCTOBER 10, 2019

MIT reports sustainability must include productive, environmentally friendly conditions for workers, and end-to-end visibility in all environments from raw materials through delivery. Improvements in visibility reduce operating costs, and those cost savings can be used to increase pay wages for workers.

Supply Chain Visibility 48

Supply Chain Visibility Real-time Visibility Supply Chain Software Supply Chain Optimization 48

Unleashed

AUGUST 28, 2022

The manufacturing industry is a thriving area that keeps finding applications for upcoming technologies in its various processes. Manual methods that relied solely on a keen eye are now the core of some leading manufacturing software. Specific aspects of managing inventory include procurement, storage, and utilisation tracking.

Inventory Management Software 97

Inventory Management Software Inventory Reduction Inventory Management Demand Planning Software 97

ThroughPut

MAY 5, 2020

Manufacturers usually define supply chain costs using the total cost of ownership. Most manufacturers aim at creating the most optimum supply chain for their organizations. The next step is to map out the manufacturing process flow and identify possible issues and quantify the costs associated with those issues.

Cost Reduction Strategies 64

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 64

SYSPRO Smarter ERP

JUNE 14, 2023

has been around since 2011, but it has taken time for manufacturers to understand what it means and what is needed to make it work. can improve the way the factory shop floor works and manufacturers now have all the tools they need to operate a connected shop floor. Industrial development has transformed Asia’s manufacturing landscape.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimization Software Inventory Management Software Analytics Software 98

ThroughPut

MAY 5, 2020

Manufacturers usually define supply chain costs using the total cost of ownership. Most manufacturers aim at creating the most optimum supply chain for their organizations. The next step is to map out the manufacturing process flow and identify possible issues and quantify the costs associated with those issues.

Cost Reduction Strategies 52

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 52

ThroughPut

MAY 5, 2020

Manufacturers usually define supply chain costs using the total cost of ownership. Most manufacturers aim at creating the most optimum supply chain for their organizations. The next step is to map out the manufacturing process flow and identify possible issues and quantify the costs associated with those issues.

Cost Reduction Strategies 52

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 52

Logistics Bureau

MARCH 5, 2018

Machinery, vehicles, mechanical devices, actuators, gauges, sensors, and other things are non-digital. They cannot connect directly to the all-digital Internet. That’s where the Internet of Things or IoT comes in. What Can Connecting Things in a Supply Chain Do for You?

Internet of things 40

Internet of things Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 40

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Internet of Things. The Internet of Things (IoT), comprised of physical devices equipped with remote sensors that capture and transmit large amounts of data, is already making a big impact in the supply chain industry. For example, companies can track products throughout the entire lifecycle with RFID and GPS sensors.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Logility

AUGUST 12, 2021

But there is good news: a convergence of process, data, and technology provides the real-time and predictive visibility needed to optimize supply chain planning, ensuring food manufacturers can build resilience now and for the future. Planning Manufacturing Based on Demand. Preparing for Market-Driven Demand.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130