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Logistics & SCM, PLM, Manufacturing, and Procurement 2016

Supply Chain Movement

Logistics & SCM, PLM, Manufacturing, and Procurement 2016. URL: sapinsiderevents.wispubs.com/2016/Vienna/SCM-PLM-MFG-Procurement-CRM/. Logistics & SCM, PLM, Manufacturing, and Procurement 2016, sponsored by SAP, is the most important educational event of the year for organizations using SCM, PLM, manufacturing, and procurement solutions to fortify their business operations and infrastructure with proven methodologies and measurable, value-driven results.

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Why Supply Chain Managers & Procurement Should Collaborate

Cerasis

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. Meanwhile, this large volume of expenses is directly related to 80 percent or a company’s working capital via inventory and accounts payable. So, why do supply chain managers not take advantage of this data with respect to procurement?

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Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory.

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory.

COVID-19: Implications on inventory planning, sourcing and procurement

EFT

It has been a huge challenge to understand what is changing moment-to-moment, let alone predicting what will happen, so eft by Reuters sat down in a webinar with experts working at the coalface of inventory planning and distribution to understand what can be done to survive and thrive. For Pedro Paiva, Operations Director, EMEA for major footwear manufacturer Alpargatas, which owns the Havianas brand, they “Estimate that we will lose between 30% and 50% of sales this year.”.

Procurement & Suppliers: Paying Attention to Terms & Conditions to Keep Supplier Relations Postitive

Cerasis

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.". However, in many circumstances, the supplier will send an invoice that contains one set of terms, while the procurement professional will issue a purchase order which contains additional or different terms. Procurement

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

What is Logistics Management Software? Logistics Management Software is one that helps drive the logistics function of an organization by managing the actual flow of materials, goods, and services from the point of origin to the point of consumption. From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. Blog logistics management

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

What is Logistics Management Software? Logistics Management Software is one that helps drive the logistics function of an organization by managing the actual flow of materials, goods, and services from the point of origin to the point of consumption. From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. Blog logistics management

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

What is Logistics Management Software? Logistics Management Software is one that helps drive the logistics function of an organization by managing the actual flow of materials, goods, and services from the point of origin to the point of consumption. From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. Blog logistics management

How Printed Product Labels Can Assist Manufacturing

Unleashed

If you run a manufacturing business, you’ll appreciate the complexities of procuring, producing and shipping products. It’s a busy process with production lines churning out goods, warehouses stacked full of inventory stock, and transportation logistics at both sides of the supply chain. One of the best ways to stay on top of your manufacturing process is through printed product labels. You can see when items are held up and where inventory stock gets sold.

How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

LEAN, Supply Chain Optimization, Logistics, Warehouse and Cost Reduction Consultant. Twitter Google+ LinkedIn The post How to Sustain a Lean Culture in Manufacturing & Supply Chain appeared first on Transportation Management Company | Cerasis. Lean Manufacturing Supply Chain lean cultureToday I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement.

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Top 15 Logistics Blog Posts of 2014

Cerasis

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. Top 15 Logistics Blog Posts of 2014.

The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

Cerasis

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. Consequently, all processes, including inventory management, logistics, data analytics and ongoing performance management, as reiterated by the staff of Supply Chain 24/7, improvement, can be optimized, creating a more efficient, direct and intelligent supply chain network. Procurement’s Role Did Become More Important.

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Warehouse Cost Reductions: 3 Understandings Driven By Inventory Management & Lean Principles

Cerasis

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, look at inventory as MONEY/CASH. Try using a Vendor Managed Inventory (VMI).

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What is Inbound Logistics and How Can a 3PL Help?

Kanban Logistics

What is inbound logistics? If you’re a manufacturer, you likely know the answer. See, there’s a big difference between handling inbound logistics yourself and outsourcing it to a trusted North Carolina third-party logistics (3PL) provider that knows the manufacturing industry. In this article, we’ll take a closer look at the outsourcing model and the ways it can drive efficiency in your inbound logistics supply chain. What is inbound logistics?

The Top 6 Trends in Logistics Impacting Shippers in 2017

Cerasis

The election is over, but the race is just starting for logistics providers. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. Autonomous Trucks Will Drive Logistics Forward. Logistics

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Logistics Operations Forecasting- Are you doing it right?

ThroughPut

What is Logistics Forecasting? Logistics demand forecasting is the process of accurately anticipating the demand for products, services, and shipments throughout the supply chain. Why is Logistics Forecasting a Complex Process? Are you Forecasting Logistics Accurately?

Supply Chain Analytics- Towards Intelligent Manufacturing

ThroughPut

Supply Chain Analytics aims at enhancing the manufacturing operational efficiency and overall operational effectiveness by enabling informed data-driven decisions across the factory floor. With valid Supply Chain Analytics, manufacturers now have real-time accurate data to make strategic, operational, and tactical decisions. It also encompasses the complete supply value chain right from sourcing, manufacturing, distribution, and logistics. Manufacturing-.

The Difference Between Logistics and Supply Chain Management

My Office Apps

The Difference Between Logistics and Supply Chain Management. Most people assume that logistics and Supply Chain Management (SCM) refer to the same process. What is Logistics? The main focus of logistics is satisfying and meeting the needs of consumers.

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Logistics Cost Reduction: 6 Focuses to Create More Profit

Cerasis

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP. Any percentage less for your business with logistics costs as a percent of your revenue, goes straight to the bottom line. . Logistics Cost Reduction by Focusing on Safety.

Seasoned Leadership in Action™ – An Interview with Kristie Syndikus, VP Procurement at Maple Leaf Foods!

Supply Chain Game Changer

This interview is with Kristie Syndikus, VP of Procurement at Maple Leaf Foods. It was very easy to see early on that Kristie had a great aptitude for Procurement and Sourcing. Kristie Syndikus, VP Procurement at Maple Leaf Foods. At one point I was given a challenge to achieve Industry leading breakthrough results in Inventory performance , in a short period of time. Over the last 20 years I have worked in the electronics manufacturing industry. Subscribe Here!

Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

Cerasis

Even JP Morgan, Microsoft, and Google, reports Jonathan Chester of Forbes , are working to increase blockchain development and innovation, and supply chain leaders need to understand how the use of blockchain in supply chain and logistics will bring about lasting change and improvements in efficiency. Blockchain is entering a phase of development that will affect every aspect of supply chain and logistics management, ranging from procurement to forward logistics and beyond.

Supply Chain Optimization Software – A Comprehensive Guide for Manufacturers

ThroughPut

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. Inventory control. Supplier inventory management. Inventory management.

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products. These jobs could involve working in a Warehouse, Distribution Centre, Manufacturing operation, or in an Office environment, or all of the above.

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What Exactly Is Reverse Logistics?

Supply Chain Game Changer

And then at some point all of these activities were included under the banner of “Reverse Logistics” What on earth is Reverse Logistics? So What Is Reverse Logistics? The term “Reverse Logistics” was first coined by James R. Subscribe Here!

Top 5 Roadblocks to Effective Inbound Logistics Management

Cerasis

With the added pressure to lower costs to end-users, your customers, it’s no surprise that the need for increased scrutiny and cost reductions among inbound logistics partners, your vendors, has gone rogue. Some cite a lack of visibility or lack of control for reasons to not manage inbound logistics, and while proponents of “increased visibility” argue more information begets more effective inbound logistics strategy, its meaning gets lost in the murky waters of the internet.

5 Ways of Creating Resilient Supply Chains in Manufacturing

ThroughPut

They are more reliable, tune in well to volatilities and help build the necessary trust between the manufacturer and the final customer. A resilient supply chain has great visibility and the agility to shift sourcing, manufacturing and distribution activities around fairly rapidly. A recent study by Gartner suggests that only 21% of manufacturers believe that they have a highly resilient network. Most manufacturers have to pay for redundant stock, capacity, and workers.

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5 Ways of Creating Resilient Supply Chains in Manufacturing

ThroughPut

They are more reliable, tune in well to volatilities and help build the necessary trust between the manufacturer and the final customer. A resilient supply chain has great visibility and the agility to shift sourcing, manufacturing and distribution activities around fairly rapidly. A recent study by Gartner suggests that only 21% of manufacturers believe that they have a highly resilient network. Most manufacturers have to pay for redundant stock, capacity, and workers.

Lean 40

What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Check out What Exactly Is Reverse Logistics? Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. Subscribe Here!

Do You Understand Your Chief MRO Inventory Challenges?

Logistics Bureau

Given this knowledge then, does your organisation place enough importance on the management of MRO inventory? If yours is one of them, and you’re wondering where and how to start getting a grip on MRO inventory, this post might help. Read on to discover the most common MRO inventory challenges and issues, the consequences of leaving them unresolved, and most importantly, the potential benefits of overcoming them. MRO Inventory Forecasting: A Matter of Opinion?

This Week in Logistics News (October 8-12, 2018)

Talking Logistics

The VP of Supply Chain and Logistics at our house (aka my wife) has been out of the country this week. I have to go to the grocery store again today to replenish our inventory (yeah, I don’t shop for groceries online; as the son of a bodegero, I’m old fashioned that way.).

[e-Book] How To Shift From Tactical To Strategic Logistics and Transportation Management To Create A Competitive Advantage

Cerasis

We release our second e-book today by focusing on strategic logistics and transportation management creates a competitive business advantage for shippers. You can download our first e-Book, "The Future Of Supply Chain, Logistics & Manufacturing: How Technology Is Transforming Industries" here. Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. Strategic Logistics Management: The Importance of Flexibility.

Logistics in the Manufacturing Industry: How Smaller Plants Can Benefit

Kanban Logistics

Walk into the manufacturing sites of many large companies and you’ll observe a finely tuned inbound logistics operation, with parts and raw materials arriving at the factory for that day’s production requirements. Often, third party logistics providers (3PLs) are key operating partners behind these manufacturing logistics solutions, providing the warehouses, trucks, systems and know-how to make this just-in-time (JIT) process happen. Manufacturing Logistics

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Supply Chain Optimization Software – A Comprehensive Guide for Manufacturers

ThroughPut

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It also evaluates the various possibilities such as the best plants to manufacture the required product lines. It involves the application of processes and tools to ensure the optimal operation of a manufacturing and distribution supply chain. Inventory control.

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

Supply Chain Game Changer

What if a hurricane destroyed our manufacturing building? Without raw materials, components, subassemblies, products or services a company will not be able to manufacture, distribute, sell and deliver to its customers. If there is only one supplier for your materials and the supplier has a problem in manufacturing, quality, allocation, or even financial solvency this can disrupt your supply lines. Inventory Performance. Subscribe Here! Email Address.