SYSPRO Smarter ERP

NOVEMBER 30, 2021

Ask manufacturing leaders what changes they plan to make in the next three years in the wake of the coronavirus pandemic, and they will likely say their use of technology will deepen as more and more players in their supply chains come to rely on digital connections for daily interactions. Talent gaps: ? Legacy systems:?

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

USC Consulting Group

MARCH 15, 2021

We can all agree that 2020 was quite the tumultuous year for manufacturing, and for most every other industry out there. We’ve all had to pivot on a dime to accommodate COVID-19 workplace protocols and procedures, and that one change alone hit manufacturing especially hard. A few months into 2021, where is manufacturing today?

Manufacturing Procurement 98

Manufacturing Procurement Manufacturing Sourcing Strategies Optimal Sourcing 98

QAD

APRIL 1, 2021

Manufacturers continue to face potentially indefinite remote work policies, new health screening and safety protocols, unexpected demand swings, potential supply disruptions and more. Digital manufacturing couldn’t be more important or necessary for maintaining business continuity and responding to change.

Supply Chain Planning Software 98

Supply Chain Planning Software Manufacturing Supply Chain Software Agile and Lean Supply Chain 98

OptiProERP

JANUARY 17, 2023

Manufacturers need specific functionality to run their businesses effectively. Let’s examine what ERP functionality is critical for discrete manufacturers. Inventory Management. Having the right inventory on hand to build your products is crucial. It should track the status and location of every inventory item.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Supply Chain Planning Software Negotiating Skills 52

Logility

AUGUST 15, 2023

But instead of reaching just one peak, supply chain planners must climb four – service, inventory, cost, and sustainability. Coordinate every step with insight and action Companies using a platform that synergizes service, inventory, cost, and sustainability stand at the precipice of a highly progressive approach to supply chain planning.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

SCMDOJO

DECEMBER 18, 2023

In the world of manufacturing and maintenance, effective spare parts management is essential for maximizing equipment uptime and reducing costs. Ensuring Timely Repairs: Having a well-managed inventory of spare parts ensures quick and timely repairs. Yet, handling spare parts can be tricky and needs careful planning and execution.

Inventory Reduction 64

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 64

Synovos

FEBRUARY 21, 2023

As stated in “Operating Without Borders – Building Global Resilient Supply Chains” , a report from the manufacturers’ association Make UK, “Supply chain resilience is currently top of the agenda for policy makers, government, and business leaders alike.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Software Inventory Management Software Agile and Lean Supply Chain 52

GlobalTranz

DECEMBER 1, 2015

What is Mobility as it Applies to Manufacturing and Other Businesses? However, we are not referencing this kind of mobility when we are talking about mobility in manufacturing and logistics. Enterprise mobility can improve employee productivity, but it also creates security risks. But, what does mobility exactly mean?

Manufacturing 120

Manufacturing Supply Chain Design Software Supply Chain Software Modeling Software 120

EazyStock

JULY 13, 2020

In this four-part blog series we look at the impact COVID-19 has had on supply chains and how inventory optimization software can help. In this post we focus on inventory planning and how to optimize stock levels despite erratic customer behavior and supply restrictions. Investing in the Right Inventory.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Forecasting Software Optimization Software 52

GlobalTranz

FEBRUARY 23, 2022

Global challenges, including port congestion, fuel costs, governmental policies and the ongoing pandemic will be among the factors affecting over-the-road hauling across North America as we look forward through this year and beyond. The ongoing driver shortage will continue to contribute to rate volatility as carriers seek to secure capacity.

Trends 182

Trends Price Reduction Waste Reduction Inventory Reduction 182

Global Trade Management

DECEMBER 11, 2023

Introduction Supply chains are the lifeblood of any business, serving as the vital link between suppliers, manufacturers, and end consumers. Algorithms process input data such as current inventory levels and anticipated demand, producing recommendations for raw material procurement.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Supply Chain Software Analytics Software Predictive Analytics 59

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

QAD

JANUARY 24, 2023

For example, roughly 85 percent of companies incorporate sustainable procurement practices due to government regulations and policies and the risk of being noncompliant – not in response to consumer attitudes. The needed connectivity between manufacturers and suppliers means relying on increased digitized processes and solutions.

Manufacturing Procurement 97

Manufacturing Procurement Supply Chain Software Optimal Sourcing Procurement 97

Supply Chain Matters

JULY 28, 2023

Pfizer drug manufacturing facility. While disclosure laws prevent the FDA from providing a complete list of products made at the facility, there is redundancy in the supply chain due to other manufacturers. Supply Chain Matters provides added information and perspectives related to last week’s natural disaster involving a U.S.

North Carolina 52

North Carolina Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 52

Kinaxis

OCTOBER 1, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Conflicts, government policy changes, regulatory changes and coups can mean that supply is suddenly turned off or that a market is no longer available. Comment back and let us know!

Supply Chain Risk Management 255

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 255

Supply Chain Shaman

JUNE 14, 2018

For many, mandating SAP is job security for the IT implementation team. A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Days of Inventory by Industry Across Years. Order Policy Optimization.

Optimal Sourcing 168

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 168

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 Purchasing Skills Retail Inventory Reduction 156

20Cube Logistics

JANUARY 27, 2022

This growth is accredited to the economic expansion and policy changes in countries like India. However, despite becoming the latest epicenter for sourcing and manufacturing activities, economic growth in certain countries is expected to slow down this year due to various reasons. International Travel Policies. Disinflation.

Manufacturing Procurement 83

Manufacturing Procurement Asia Currency Policies 83

Unleashed

AUGUST 16, 2023

If you’re new to order fulfilment and inventory management , you’ll need a firm understanding of the backorder process. This way, the customer can secure a product on the proviso of the order being processed once it’s physically restocked. 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

Supply Chain Matters

JULY 25, 2022

Our belief was that the year 2021 provided companies as well as government policy makers considerable painful evidence to the inherent vulnerabilities of globally extended and highly complex supply chains and of the needs among businesses to be able to better respond to major product demand and supply shocks.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Enterra Insights

AUGUST 29, 2023

Implement a robust security strategy that will make it difficult for even the most determined hacker to gain access to your supply chain networks and data.”[5] Encrypt your data, and prepare a robust security response plan in the event that something does go wrong. .

Risk Management 130

Risk Management Waste Reduction Cost Reduction Strategies Supply Chain Planning Software 130

The Logistics & Supply Chain Management Society

MARCH 16, 2021

The Covid-19 aftermath is so deeply engraved that in future, we can actually explain this phase as: BC “Before Covid-19” and AD “After Disease recovery” It has forced world leaders, policy makers, businesses to shift their focus to a survival mode for the most part of 2020. Manufacturing Planning.

Pharmaceutical 246

Pharmaceutical Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Matters

JANUARY 25, 2023

And industrial policy – backed with lots of state cash – is no longer a dirty word.” We interpret that to be the sourcing of products among retailers and manufacturers within countries of lowest cost manufacturing that has occurred in this same period. each positioning their own forms of industrial policies.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Software 52

Kinaxis

NOVEMBER 19, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #6 Not effectively managing inventory. In addition to losing customers like me, those mistakes result in bad data that cost manufacturing companies millions of dollars.

Supply Chain Planning Software 255

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Forecasting 255

E2open

OCTOBER 10, 2022

Policy: E2open holds itself and its suppliers, partners, and vendors to the highest standards of integrity. Its ethical management starts with its board of directors and carries throughout its entire network through data and information security, client privacy, and risk management. Read the full 2022 e2open ESG Report at e2open.com.

Supply Chain Network Software 78

Supply Chain Network Software Logistics Network Optimization Software Government Optimization Software 78

Supply Chain Matters

JANUARY 6, 2023

Downside risks that include monetary policy miscalculations, an uncertain outcome to the ongoing Russia-Ukraine conflict and further supply network disruptions as a result of more far-reaching spread of Covid variant infection rates across China. Global manufacturing activity as depicted by the J. percent in 2022 and 9.7

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 98

Clear Spider

APRIL 18, 2023

For example, the US Securities and Exchange Commission proposed new rules that will require US companies to openly share data about their greenhouse gas emissions. Green Manufacturing Uses efficient equipment powered by clean and renewable energy to consume less energy, release fewer pollutants, and reduce fuel costs.

Supply Chain Design Software 96

Supply Chain Design Software Agile and Lean Supply Chain Material Savings Sustainability 96

SYSPRO Smarter ERP

MARCH 2, 2022

This means that the past practice of just-in-time inventory management will need to be more flexible and allow a just-in-case approach. Just-in-case involves holding more inventory so that sales are not lost due to inventory being unavailable. Risk management. The supplier relationship can also be improved with technology.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

NC State SCRC

JANUARY 20, 2022

Creating a globally independent US-based supply chain would entail development of a prioritization of critical supplies that are required for improved response in the case of continued COVID disruptions, trade flow disruptions, stay at home mandates, and on-going security concerns.

Government 59

Government Pharmaceutical Supply Chain Planning Software Supply Chain Design Software 59

Enterra Insights

AUGUST 3, 2020

Heydon explains, “COVID-19 has transformed and accelerated these trends, triggered by factory closures, transport restrictions and mounting national security concerns. He also believes additive manufacturing (AM) may have come into its own during the pandemic. .”[2] The pandemic shined a harsh light on this trend.

Modeling 169

Modeling Supply Chain Planning Software Supply Chain Design Software Scenario Planning 169

Enterra Insights

JUNE 1, 2021

If you are wondering of what use these capabilities are, Muktabh Mayank Srivastava, Co-Founder and Chief Data Scientist at ParallelDots, provides a few examples for all the stakeholders in the retail supply chain from manufacturers on the supply side to consumers on the customer side.[3] Last mile delivery is no exception.

Supply Chain Design Software 130

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

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. This holistic approach to negotiation nurtures an environment for securing favorable deals.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

Taulia

JULY 7, 2022

As such, it encompasses numerous procurement-related activities, such as budgeting, sourcing, negotiating supplier discounts, analyzing spend, managing supplier relationships and managing inventory. These may include the costs associated with: Raw materials for manufacturing. Unclear policies or procedures. Office supplies.

Material Savings 52

Material Savings Purchasing Training Manufacturing Procurement Procurement Solutions 52

Supply Chain Matters

JANUARY 10, 2023

A China Plus sourcing stance has become ever more important as is longer-term alignment to government induced supply chain policies and legislation initiatives for deemed critical materials. Bloomberg reported in November 2022 that shipments of motor vehicles, computer parts and boats, manufactured in Mexico and destined for U.S.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Precoro

JULY 8, 2022

There is no universal answer to this question, as purchasing process, procurement policies, goals, and volumes differ not only in the industries but even from company to company. In some cases, for example, in manufacturing businesses, optimized spending can impact the company’s bottom line more than successful sales or marketing.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

EMERGE App

AUGUST 5, 2018

What is Inventory Management? Inventory management, in a nutshell, describes your efforts to manage, assess and report on the flow of your stock of goods. You might be using pencil-and-paper, spreadsheets or sophisticated inventory management software to do this. Two Essential Features of Inventory Management Today.

Inventory Management Software 45

Inventory Management Software Inventory Management Inventory Reduction Inventory 45

Unleashed

JANUARY 31, 2023

Ideal product flow efficiency is achieved by optimising inventory control , minimising supply chain interruptions, and eliminating downtime. Establish a Just-in-Time strategy To reduce inventory wastage, a pull system – also known as a just-in-time (JIT) strategy – is introduced.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98