SYSPRO Smarter ERP

NOVEMBER 1, 2021

The manufacturing industry confronted many uncertainties in the last year due to the pandemic. The pandemic has led to many shifts in manufacturing including new challenges to overcome. Here is a list of challenges and solutions for manufacturers to remain resilient and maintain growth momentum. Transitioning to B2B e-Commerce.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software 111

NC State SCRC

JANUARY 1, 2023

As I’ve done in prior years, I’ll make a few predictions based on what happened in 2022 – and what I think it means for 2023. These predictions are perhaps not completely original – but they represent what I think will be important guidelines for supply chain executives to consider. .” Price is still the determining factor here.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

Unleashed

OCTOBER 31, 2023

It’s an essential process for achieving maximum success in manufacturing. Effective implementation of workforce optimisation strategies ensures you have the valuable workforce resources you need for the growth of your manufacturing operations. Greater efficiency WFO practices improve manufacturing efficiency and eliminate waste.

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

Supply Chain View from the Field

DECEMBER 16, 2013

I visited the BVL Kongress in Berlin, and also attended the International Institute for Analytics ”Chief Analytics Officer” meeting last summer. We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

ThroughPut

JUNE 2, 2020

What is Just-in-time Manufacturing? Just-in-time (JIT) manufacturing is described as a production model in which products and services are produced to meet specific demand and not necessarily created in surplus, in deficit, or in advance of actual need. Difference between Lean Manufacturing and JIT Manufacturing.

Just-in-Time 52

Just-in-Time Inventory Reduction Inventory Management Software Waste Reduction 52

Supply Chain Shaman

JUNE 23, 2020

I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). The term “AI” is overused.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

ThroughPut

JUNE 2, 2020

What is Just-in-time Manufacturing? Just-in-time (JIT) manufacturing is described as a production model in which products and services are produced to meet specific demand and not necessarily created in surplus, in deficit, or in advance of actual need. Difference between Lean Manufacturing and JIT Manufacturing.

Just-in-Time 52

Just-in-Time Inventory Reduction Inventory Management Software Waste Reduction 52

Vanguard Software

MARCH 12, 2021

Inventory replenishment involves purchasing and moving inventory, both finished goods and raw materials, from reserve storage to primary storage and eventually to the selling location. The Importance of Inventory Replenishment. Predicting consumer demand is always a challenge. Factors to Consider. Download Case Study.

Modeling 52

Modeling Inventory Reduction Optimization Software Supply Chain Optimization 52

Talking Logistics

DECEMBER 16, 2015

Well, my big audacious prediction for 2015 did not come true. But some of my other predictions did hit the mark or came close. Making supply chain and logistics predictions is like throwing darts at a moving target. When making predictions, it’s easy to look at recent trends and simply project them forward.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Predictive demand can propose prices changes, subject to stock levels and replenishment capacity.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

IQMS

JULY 11, 2019

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Manufacturers care most about finding new ways to grow, excel at product quality while still being able to take on short lead-time production runs from customers.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

EazyStock

JULY 20, 2020

Inventory is the biggest entry in the balance sheet of many distribution companies and fast deliveries are becoming increasingly important in today’s digital world – especially as an increasing number of people are working remotely. Here are some ways technology can help you simplify inventory management.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Optimization Software 52

ToolsGroup

OCTOBER 3, 2022

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” Moreover, the new policy of purchasing online and picking up in-store adds to the already high-stress environment for in-store employees.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Enterra Insights

JUNE 1, 2021

Tamizhkumaran explains, “Cognitive analytics solutions entail self-learning systems and algorithms that mimic the human brain’s thought process in order to analyze large amounts of data quickly and accurately.” He adds, “No person could evaluate [those] vast quantities of data and come to the same conclusions.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

ThroughPut

JANUARY 28, 2019

Through the targeted use of Artificial Intelligence (AI), Machine Learning and other technologies, leading global innovators are constantly trying to enhance the effectiveness of their inventory management. What one can’t ignore, however, is all the external factors that also directly, and indirectly, affect inventory processes.

Optimal Sourcing 94

Optimal Sourcing Optimization Software Supply Chain Software Supply Chain Planning Software 94

Vanguard Software

MARCH 26, 2021

Transportation methods Procurement Inventory policies Distribution costs Forecasting and demand planning Customer service levels. In reality, supply chains are complex and rife with uncertainty; materials are unavailable, deliveries are late, manufacturing has holdups, and sales forecasts are inaccurate.

Optimal Sourcing 52

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 52

Precoro

AUGUST 14, 2023

Procurement managers don't just handle direct spending , such as raw materials or goods and services directly associated with manufacturing the company's final product. They also oversee indirect purchases that facilitate daily operations, such as office supplies, furniture, utilities, and more.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

The Logistics & Supply Chain Management Society

JULY 16, 2023

Geopolitical changes encompass alterations in international relations, trade policies, tariffs, or regulations. The digitization of supply chain processes, the use of big data analytics, and the emergence of technologies like blockchain and artificial intelligence have revolutionized supply chain operations.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Logility

JANUARY 25, 2018

Traditionally, complexity required increasing inventory levels to buffer against the unknown, which in turn brought about more scrutiny from senior management as working capital increased. Industry research and surveys point to Inventory Optimization (IO) as a key capability to combat these growing supply chain stresses.

Modeling 100

Modeling Prescriptive Analytics Software Inventory Reduction Optimization Modeling 100

QAD

JUNE 17, 2021

Integrated Supplier Management is a must – manufacturers are still dealing with the effects of the global chip shortage, the Suez Canal blockage, changing trade policies and other global supply and demand disruptions. At QAD, we understand the multiple steps manufacturers need to take to achieve a resilient and integrated supply chain.

Supplier Management 97

Supplier Management Supply Chain Planning Software Supply Chain Planning Supply Chain Software 97

Enterra Insights

MAY 13, 2020

In the manufacturing sector, efforts to embrace Industry 4.0 Adnan Seric, a Research and Industrial Policy Officer at UNIDO, and Deborah Winkler, a Senior Consultant and Principal at Global Economic Policy LLC, explain, “Industry 4.0 ”[1]. technologies are also gaining momentum. Industry 4.0 And Industry 4.0

Supply Chain Software 100

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain 100

Supply Chain Matters

APRIL 28, 2023

This second in this series provides a specific focus for the now growing importance for increased operational excellence and efficiencies for companies whose products are anchored in process and batch manufacturing process environments. It is a complex challenge requiring consistent and relevant information.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

Unleashed

AUGUST 16, 2023

If you’re new to order fulfilment and inventory management , you’ll need a firm understanding of the backorder process. A backordering strategy maintains a customer’s interest and loyalty while the company manages its inventory. The inability to purchase out-of-stock goods will usually send a customer elsewhere.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

USC Consulting Group

JULY 21, 2020

Yet for business leaders – especially manufacturers and shippers – the words “unpredictability” and “uncertainty” will likely epitomize 2020, as they’re something organizations continue to experience as the country and consumers emerge from the nationwide lockdown amid supply chain disruption.

Supply Chain Disruption 72

Supply Chain Disruption Modeling Supply and Demand Demand Planning Software 72

BlueYonder

FEBRUARY 17, 2022

Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. Foreign trade policies are weakening. Border policies erode the effectiveness of homeland security. Post Y2K, investments were focused on energy, efficiency, and safety features.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

NC State SCRC

MAY 27, 2020

Notably, these policies are driven by a misplaced reliance on pursuing low-cost supplies at the expense of higher access risk during a pandemic, policies which have been criticized in other channels. [i]

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Material Savings Manufacturing Procurement 98

Global Trade Management

JULY 31, 2023

Boasting a robust economy and favorable demographics, it's no wonder many international companies are eyeing India as a prime location to set up their manufacturing facilities and supply chains. This may include implementing warehouse and transportation management systems and predictive analytics tools. percent compared to 9.1

India 52

India Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 52

Enterra Insights

MAY 15, 2020

”[1] He adds, “Dependence on China for their manufacturing has put small and midsize businesses in jeopardy. Because returns have become such a prominent feature of online retailing, returns policies and reverse logistics practices have become more important for retailers. ”[4]. ”[4].

Reverse Logistics 100

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Planning Software 100

Enterra Insights

FEBRUARY 16, 2021

Where Integrated Business Planning, Scenario Planning, and, technologies such as AI, Machine Learning, Advanced Analytics, and Digital Twin, were once seen as ‘nice-to-haves’, those assets are now essential to reach a truly resilient supply chain and have end-to-end supply chain visibility.” ” Time for a new planning paradigm.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 100

ToolsGroup

AUGUST 23, 2016

Demand sensing reduces forecast error by up to 50%, increases inventory accuracy by up to 20%, and optimally deploys downstream (e.g., Distribution Centre) inventory. Short-term weather feeds into forecasting system make quick repositioning of inventory possible. For example prolonged sun may cause beer sales to go up.

Supply and Demand 120

Supply and Demand Modeling Demand Planning Software Forecasting 120

Intelligent Audit

DECEMBER 1, 2021

Data insights and analytics play a crucial role in proper visibility during peak season and product returns peak season. Managing prroduct returns can affect the overall management of the warehouse, storage, inventory, and products. Added Benefits of Data-Driven Product Returns Management.

Procurement Analytics 52

Procurement Analytics Data Supply Chain Software Reverse Logistics 52

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

E2open

JULY 11, 2016

Today’s modern supply chains are multi-enterprise, starting with consumers, retailers, distributors; and flowing through an extended network of suppliers, contract manufacturers, and other third parties. Look beyond the enterprise and adopt analytics that use real-time data. Create healthy inventory across the entire value chain.

Consumer Goods 60

Consumer Goods Supply Chain Software Supply Chain Planning Software Supply Chain Planning 60

Enterra Insights

JULY 9, 2021

We’re all eager to look ahead, but we can’t escape the changes that are already popping up, whether that’s more flexible work-from-home policies or lingering concerns about health and wellness. . “We’re all tiptoeing back into so-called normal life after an abnormal year. ” Good question. ” Online Grocery Sales.

Procurement Analytics 130

Procurement Analytics Purchasing Skills Price Reduction Food 130

Supply Chain Shaman

NOVEMBER 1, 2015

I had touched some nerves with my five predictions for 2020: Digital, Outside-in Value Networks. Dealing with the talent shortage in emerging economies will redefine human resource policies and industry consortia programs. We are beginning to design and implementing outside-in processes that will fuel growth agendas. My take away?

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 150