Logility

APRIL 17, 2023

As a manufacturing leader, you’re faced with constant disruptions, labor shortages, and the threat of job loss — time is of the essence. of supply chain managers using Excel spreadsheets to manage your inventory and supply chain, it’s time to make a change. If you’re one of the 67.4%

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 130

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Today, this network operates with less capacity and ballooning inventories.

Supply Chain Network Software 266

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 266

Enterra Insights

FEBRUARY 22, 2022

The manufacturing sector covers such a broad spectrum of products and processes that any discussion about industry trends must take place at a very high level. One of the megatrends that has been driving manufacturing for over a decade is digitization. Manufacturing Trends. And the manufacturing sector overall looks strong.

Manufacturing Procurement 130

Manufacturing Procurement Trends Manufacturing Predictive Analytics Software 130

ToolsGroup

SEPTEMBER 29, 2022

Improving inventory position can help retailers secure consumer loyalty and capture impulse spending. Across other retail sectors, customers have increased their trust in inventory availability from 1-7%. In July 2022, IHL and ToolsGroup surveyed U.S. consumer trust in retailers over the last two years as a result of out-of-stocks.

ToolsGroup 156

ToolsGroup Optimal Sourcing Study Groups 156

Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Here I share some insights from my research. I am currently doing research on inventory management. The result was restatement. My conclusion?

Supply Chain Design Software 307

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 307

ToolsGroup

JULY 28, 2023

With a complete set of out-of-the-box capabilities for demand planning, inventory optimization, and replenishment, companies experience shorter time to implement and faster time to value. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact.

Gartner 290

Gartner Supply Chain Planning Software ToolsGroup Vendor Strategies 290

Supply Chain Shaman

FEBRUARY 1, 2024

While consultants know the answers (or believe they do), I believe my goal as a research analyst is to unearth new questions that should be asked (and answered together openly in the supply chain community) to improve value. Rolling up a perpetual inventory signal takes eleven hours. Contract Manufacturing Signal Latency.

Supply Chain Planning Software 333

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 333

SCMDOJO

MARCH 19, 2024

This is where the Life Cycle Inventory (LCI) comes into play. In this article, we dive deep into the world of Life Cycle Inventory, exploring its significance, methodology, and applications. What is the Life Cycle Inventory (LCI)? It includes determining the purpose of the study, the system boundaries (i.e.,

Inventory Reduction 84

Inventory Reduction Analysis Material Savings Optimal Sourcing 84

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Unleashed

NOVEMBER 16, 2022

New manufacturing data has revealed which industries and nations are leading the way in the post-pandemic economic recovery – and the tactics they’re using to beat supply chain disruption. How UK manufacturers have fared UK manufacturers have seen the value of stock on hand jump 99.7%, from £365,736 in Q3 2019 to £730,681 in Q3 2022.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Price Reduction 52

Unleashed

APRIL 1, 2024

Effective perishable goods inventory management will save your organisation money by minimising inventory waste and reducing your carrying costs. This guide explores all you need to know about perishable goods inventory. Perishable goods, also known as perishable goods inventory, are products that expire or degrade over time.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

ToolsGroup

JUNE 8, 2018

Source: Gartner Research. Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value.

Modeling 197

Modeling Optimal Sourcing Inventory Reduction Demand Planning Software 197

BlueYonder

NOVEMBER 16, 2023

Omni-channel has been firmly positioned as the new industry standard, forcing wholesale distributors and manufacturers to release the brakes and embrace digital transformation to stay relevant. Those who get it right are improving their market share by up to 10% a year.

Manufacturing Procurement 83

Manufacturing Procurement Distribution Logistics Network Optimization Software Optimal Sourcing 83

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Talking Logistics

MAY 6, 2019

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. And it begins with improving their inventory accuracy. The Inventory Accuracy “Confidence Gap”.

Optimal Sourcing 139

Optimal Sourcing Real-time Visibility Inventory Logistics Network Optimization Software 139

Supply Chain Shaman

NOVEMBER 9, 2023

” When I asked the question, I got an answer from LinkedIn that the research focused on digital maturity with SAP. The research is generated by SAP. Translation of the demand forecast into planned orders to minimize manufacturing constraints. MRP is translated based on the manufacturing schedule into ERP.)

Optimal Sourcing 339

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 339

ModusLink Corporation

OCTOBER 27, 2021

A report published by CER (Comparative European Research) titled ‘The growing importance of the synergy effect in a business environment’, perfectly explains the synergy concept. Synergy is a core element present in many successful manufacturing strategies. There are many different manufacturing strategies. Make to Stock (MTS).

Waste Reduction 78

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 78

SYSPRO Smarter ERP

NOVEMBER 1, 2021

The manufacturing industry confronted many uncertainties in the last year due to the pandemic. 2020 SYSPRO research showed tha t 60% of businesses were impacted by supply chain disruptions during the pandemic. The pandemic has led to many shifts in manufacturing including new challenges to overcome.

Manufacturing Procurement 111

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

SCMDOJO

NOVEMBER 29, 2023

In today’s fast-paced business world, excess inventory can be a major hindrance to growth and profitability. Whether it’s unsold products taking up valuable storage space or excess & obsolete items tying up capital, having excessive inventory can lead to increased costs and decreased cash flow.

Inventory Reduction 88

Inventory Reduction Material Savings Resource Reduction Inventory Management Software 88

Unleashed

OCTOBER 16, 2023

Every manufacturer knows the importance of raw materials – without them, there’s no final product. Raw material inventory management oversees the procurement, handling, and storage of raw materials. In this guide: What is raw material inventory management? Let’s dive in.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

OptiProERP

SEPTEMBER 21, 2023

Inventory forecasting, or demand forecasting, estimates future inventory levels needed using past data, upcoming events, and market trends. Inventory forecasting ensures manufacturers have the proper inventory to meet customers’ needs while minimizing excess inventory costs.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 52

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

QAD

FEBRUARY 3, 2022

Matlis to collectively share the latest research, trends, and insights around digital technology adoption in the life sciences industry. Adoption of Digital Technologies in Life Science Manufacturing. However, our research shows that the rate of change is increasing exponentially as a result of continuous disruption.

Research 90

Research Manufacturing Procurement Trends Supply Chain Planning Software 90

E2open

OCTOBER 6, 2022

NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, has been positioned by Nucleus Research as a leader in the 2022 Control Tower Technology Value Matrix for the eighth consecutive year, building on its history as a leader since the inception of the report in 2015 and scoring highest in functionality.

Supply Chain Planning Software 78

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Network Software Demand Planning Software 78

ToolsGroup

JUNE 11, 2019

With all the buzz around digital transformation, someone peering in from outside supply chain may assume most businesses have already digitized essential tasks like inventory planning. This article will share five things you need to know about optimizing inventory in the digital age.

Optimization Software 244

Optimization Software Supply Chain Optimization Supply Chain Planning Software Network Optimization 244

SYSPRO Smarter ERP

FEBRUARY 23, 2022

Those manufacturers who are still using legacy or customized computer systems will find it difficult to make the necessary changes. Integration of design and manufacturing. Many manufacturers use a CAD/CAM system for design and engineering control. Inventory and logistics management. Quality management.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Modeling Software 105

Supply Chain Matters

FEBRUARY 5, 2024

Global Production Activity Rise Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® began 2024 with output levels rising for the first time in eight months. Global manufacturing employment levels fell for the fifth straight month. Manufacturing , there were mixed consensus.

Manufacturing Procurement 52

Manufacturing Procurement South Korea Manufacturing Global 52

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Sadly, most of it is the wrong inventory. Despite spending 1.1%

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

Supply Chain Matters

AUGUST 3, 2022

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. The July 2022 J.P.

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

Supply Chain Shaman

JUNE 30, 2023

As a result, demand planning is largely manual, inventory management is a series of manual inputs, and production planning is via spreadsheet. John’s company is a process-based manufacturer and Anne’s ERP solution is a better fit for configure to order which leads to limitations. Analyze Root Cause for Order Reliability.

Supply Chain Planning Software 314

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 314

Vecco International

MARCH 31, 2024

Vecco International provides a game changing supply chain Planning & Inventory Management (PIM) product for “smaller” manufacturing, distribution, and construction businesses (SMBs). Inventory is often the largest asset on a company’s balance sheet and is a major driver of cash flow.

Supply Chain Planning Software 40

Supply Chain Planning Software Inventory Management Software Forecasting Software Supply Chain Planning 40

Unleashed

AUGUST 23, 2021

A crystal ball sometimes wouldn’t go amiss in inventory forecasting. Here we explain the methods and formulas you can use to improve your inventory forecasting, and best practices for your business when designing and carrying out this process. Read more: What is Inventory Management?

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Inventory Management Software 98

SYSPRO Smarter ERP

OCTOBER 4, 2021

The pandemic pushed manufacturers and distributors to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supply chains. A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 119

Manufacturing Procurement Distribution Sourcing Strategies Manufacturing 119

Unleashed

NOVEMBER 28, 2022

Inventory replenishment is reordering stock in the right quantities, at the right time. Too much inventory can increase costs, limit cash flow, and leave you with expired stock. In this inventory replenishment guide: What is inventory replenishment? Preventing stock expiry.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 98

Arkieva

OCTOBER 6, 2017

When you talk to any manufacturer no matter how large or small about their concerns, improved inventory management is bound to be a part of the conversation. Manufacturing Day 2017: [Infographic] The Evolution of Inventory Management Strategies was first posted on October 6, 2017 at 9:00 am.

Inventory Reduction 72

Inventory Reduction Inventory Management Supply Chain Strategy Price Mitigation Strategies 72

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. Kanban came from the same place as the wider principles of lean manufacturing: Toyota. Each card represents one work item.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98