Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. Higher chance of heavy reliance on external financing sources, such as loans or credit lines. According to The J.P. But how can companies unlock this capital?

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Supply Chain Shaman

SEPTEMBER 5, 2022

Business continuity continues to be a risk for many retailers and manufacturers. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. When it comes to inventory and driving improvement in the face of variability, there are five issues: Poorly Implemented Advanced Planning Solutions.

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

ToolsGroup

DECEMBER 20, 2021

Image source: Bloomberg. Image source: American Journal of Transportation. They’ve been around for years, either bubbling under the surface, or squeezing supply chains into retrospectively fitting band-aid solutions to cataclysmic problems. The Solution: 5 Changes Needed to Overcome Supply Chain Challenges.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

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] 1] “During the first few hours,” he writes, “we went over the pertinent areas of a purchase order. What products are sourced? ” Changing with the times. .”[4]

Optimal Sourcing 100

Optimal Sourcing Manufacturing Procurement Logistics Network Optimization Software Logistics 100

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

AB&R

NOVEMBER 20, 2023

The pandemic accelerated the Buy Online Pick Up in Store (BOPIS) model, which accounted for $72 billion in purchases in 2020, having greater inventory accuracy grew ever more important. Opportunities for manufacturing Walmart is not the only retailer that requires RFID – and you can expect many to follow suit. HAVE QUESTIONS?

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Forecasting Software 52

Unleashed

JUNE 15, 2023

The Cost of Goods Sold formula is: Opening Inventory + Purchases + Production Costs – Closing Inventory = Cost of Goods Sold Below, we explain what the cost of goods sold (COGS) is, why it’s important for product businesses, and how to calculate COGS using the cost of goods sold formula. What is cost of goods sold?

Purchasing Skills 52

Purchasing Skills Negotiating Skills Examples Cost Reduction Strategies 52

ModusLink Corporation

NOVEMBER 18, 2021

Four fundamental practices: Based on (Ali Esfahbodi, 2016) research, Chinese and Iranian governments have focused their fight for SSCM based on four fundamental practices: sustainable procurement, sustainable production along with sustainable distribution , and reverse logistics. International journal of production economics (Vol.

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

Arkieva

JULY 25, 2016

While demand seems to be on an uptick for manufacturers especially in the consumer goods industry, an increase in online shopping could also lead to a scarcity in the availability of distribution centers in the near future. Source: Multichannel Merchant. Source: Supply Chain Digest. Source: Journal of Supply Chain Management.

Supply Chain Planning Software 60

Supply Chain Planning Software Manufacturing Procurement Procurement Solutions Supply Chain Software 60

Supply Chain Shaman

AUGUST 16, 2015

Infor–a market consolidator of enterprise software–currently has revenues of $2.8 On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Enterra Insights

SEPTEMBER 16, 2019

Consumers, activists, and investors increasingly want to know the products they buy are sourced sustainably and ethically. In retail, buyers want to understand where the products they are purchasing are coming from and how they were created.” sources of raw materials. They are demanding more supply chain transparency.

Supply Chain Design Software 174

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 174

AB&R

APRIL 12, 2022

The pandemic accelerated the Buy Online Pick Up in Store (BOPIS) model, which accounted for $72 billion in purchases in 2020, having greater inventory accuracy grew ever more important. Opportunities for manufacturing. 2] RFID Journal: Walmart recommits to RFID. We fully expect more major retailers to move in this direction.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Forecasting Software 52

Supply Chain Matters

JANUARY 18, 2023

Supply Chain Matters highlights reports that Rivian Automotive fell short of its 2022 vehicle production goal and that several top executives have departed the company, including the company’s purchasing head. Executive Departures. Bob Ferrari. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Supply Chain Design Software 59

Supply Chain Design Software Expense Reduction Manufacturing Procurement Price Reduction 59

NC State SCRC

DECEMBER 15, 2022

In today’s Wall Street Journal , I was interviewed regarding a case that was just filed against Amazon by a large robotics , claiming that the e-commerce giant backed away from promises made early in the Covid-19 pandemic to support the supplier with millions of dollars in new purchases.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Manufacturing Procurement 52

Enterra Insights

SEPTEMBER 28, 2020

From demand planning to manufacturing to trade promotion optimization, data is essential for almost every aspect of consumer packaged goods (CPG) company operations. … With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Enterra Insights

AUGUST 16, 2022

Other solutions, like click-and-collect, are intended to shift part of the delivery weight back to customers. Fluctuations in the market, unsold products rotting on the shelves and manufacturer delays all affect stock levels, resulting in losses of millions of dollars each year. ” 4) Utilize real-time tracking. Footnotes. [1]

Innovation 130

Innovation Supply Chain Planning Software Waste Reduction Supply and Demand 130

Enterra Insights

AUGUST 16, 2022

Other solutions, like click-and-collect, are intended to shift part of the delivery weight back to customers. Fluctuations in the market, unsold products rotting on the shelves and manufacturer delays all affect stock levels, resulting in losses of millions of dollars each year. ” 4) Utilize real-time tracking. Footnotes. [1]

Innovation 130

Innovation Supply Chain Planning Software Waste Reduction Supply and Demand 130

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. 2016 Supply Chain Trend #6: Procurement’s New (read Bigger) Role in the Supply Chain.

Supply Chain Design Software 120

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

Supply Chain Matters

JULY 8, 2022

In this Supply Chain Matters posting we provide highlights of manufacturing and supply chain developments involving electric vehicle automotive producers at the 2022 mid-year point. An added challenge has been the ramp-up of new manufacturing facilities in Austin, Texas and Berlin Germany. Volkswagen.

Automotive 52

Automotive Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

Oracle SCM

OCTOBER 16, 2019

It can expose companies to huge liabilities , and it’s also a well-known source of funding for organized crime and terrorist organizations. Manufacturing companies and brand owners also need to prepare for the risk that criminals could be selling replicas of their products. Supply chain fraud is not a victimless crime.

Expense Reduction 90

Expense Reduction Material Savings Sourcing Strategies Cost Reduction Strategies 90

BlueYonder

DECEMBER 22, 2020

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. In today’s age of great volatility, agility has become the new competitive differentiator. Going Digital to Interact with Your Ecosystem.

Agile and Lean Supply Chain 89

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Supply Chain Software 89

Unleashed

MAY 19, 2020

Leveraging the best manufacturing Enterprise Resource Planning (ERP) software, maximising productive efficiency, and accessing management expertise early , are the strategies that will set the best apart. Brewery software: Enterprise Resource Planning for brewers. Brewery software features to look for.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

KEPLER Consulting

DECEMBER 11, 2019

Non-updated product sheets in ERP (purchase price, MOQ, Incoterm,…) resulting in non-compliant supplier orders . This approach impairs flexibility to cope with the hazards of the various downstream systems (production tool, customer demand, etc.). Sources Cachon G.P. Some studies (Cachon and Fischer (2000); Lee et al.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Material Savings Inventory Reduction 52

Unleashed

JUNE 5, 2023

You don’t need to invest in inventory software because inventory counts are done manually once or only a few times a year. The three basic parameters of periodic inventory are the current quantity of items in stock, the number of items purchased, and the number of items sold. Next, measure your ending inventory count.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

Supply Chain Matters

OCTOBER 20, 2023

They further added to growing concerns that consumers have moderated on their desires to purchase an all-electric vehicle. Both Bloomberg and The Wall Street Journal indicated in their reporting that such comments marked a distinct change in tone for Musk, who indicated last year that Tesla was a company that was “ recession resilient.”

Price Reduction 52

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 52

Talking Logistics

DECEMBER 11, 2015

Source: Laurie Cus. MercuryGate extends invoicing and document management solution with HubTran integration. SAP Launches Enhanced Supply Chain Execution Software for Faster Logistics Planning. HighJump Partners with Advantage2Retail to Bring Best-of-Breed Warehousing Software to Retailers.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 0

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

NC State SCRC

APRIL 3, 2019

The type of contract of interest in this report is for Development and Manufacture contracts in the Aerospace and Defense industries. The subcontract efforts feature the majority of military and part of commercial aviation, systems are outsourced by the overall airframe manufacturer, known as “primes” (Boeing, Airbus, Sikorski, etc.)

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

EMERGE App

JULY 16, 2018

These two e-commerce business models have really taken off in the past decade, helped no doubt by the resurgence of China as the world’s manufacturing hub, the app economy and the convenience of an always-on mobile web. Here, I’ll cover private label products first and how you should go about sourcing for suppliers.

Manufacturing Procurement 71

Manufacturing Procurement Purchasing Skills Just-in-Time Modeling Software 71

Requis

MAY 22, 2020

He is a consultant to Fortune 500 companies and US federal agencies, and a speaker with focus on the fields of strategic sourcing, supply market intelligence, and supplier development. In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper. Basically, Flex runs supply chains.

Data 52

Data Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain 52

TMC

FEBRUARY 11, 2016

It also shed light on the key role that transportation management system (TMS) solutions play in helping retailers respond and adapt to the emerging industry landscape. Total eCommerce sales in November and December 2015 are expected to be around $69 billion, a 13% increase on the previous year, reports the Wall Street Journal [1].

Omnichannel 48

Omnichannel Supply Chain Software Logistics Network Optimization Software Modeling Software 48

Talking Logistics

DECEMBER 16, 2015

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? For related commentary, see: TMS in the SMB Market: The Evolution Toward Software-as-a-Self-Service.

Predictive Analytics Software 120

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

GlobalTranz

MAY 13, 2015

When it comes to e-commerce initiatives by Walmart, the Wall Street Journal recently wrote : Wal-Mart Stores Inc. Walmart uses its mammoth purchasing power to shape suppliers’ behavior which also drives down costs, Gartner said. Decades in the Making. But the retailer has refined the methods.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Elementum

JUNE 19, 2015

The process of identifying and penalizing human traffickers in a supply chain is exhaustive and at this point a comprehensive solution seems nearly impossible. Many OEM’s use labor organizations to source laborers because it is cheaper and more efficient; however, by doing so they run the risk of employing forced laborers in the process.

Papua New Guinea 60

Papua New Guinea Supply Chain Planning Software Gartner Supply Chain Software 60

Supply Chain Opz

OCTOBER 5, 2016

Understand online consumer behavior via Think With Google Google has provided lots of data for you to understand what, when, why and how customers make online purchase via the interactive data. Because they don't have to worry if it will be published by particular journal. Resource: ArcGIS Open Data 5. Resource: Think with Google 6.

Resource Reduction 124

Resource Reduction Resources Supply Chain Planning Software Supply Chain Software 124

Supply Chain View from the Field

SEPTEMBER 3, 2015

Some of the recommendations I made to the group are discussed here in this blog, and published in the latest edition of Industrial Biotechnology journal. As an example, Chemical Manufacturing (NAICS 325) encompasses a variety of chemical manufacturing codes including petrochemicals (3251), but none for biobased chemicals.

Manufacturing Procurement 60

Manufacturing Procurement Chemicals Supply Chain Design Software Purchasing Skills 60

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

The right technology solutions allow supply chain operations to make data-driven decisions and provide a competitive advantage, particularly if an organization’s competitors are slow to adopt the latest technology advancements. Still, there are several technologies that are transforming supply chains for the organizations that adopt them.

Supply Chain Planning Software 298

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