IQMS

SEPTEMBER 5, 2019

to $2T in supply-chain management and manufacturing. By 2021, 20% of leading manufacturers will rely on embedded intelligence, using AI, IoT, and blockchain applications to automate processes and increase execution times by up to 25% according to IDC. to $2 in supply-chain management and manufacturing. 7T value to manufacturers.

Manufacturing Procurement 77

Manufacturing Procurement Optimal Sourcing Predictive Analytics Software Manufacturing 77

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

RFgen

FEBRUARY 10, 2023

Supply chain optimization and attracting talent will continue to be top-of-mind for manufacturers. Artificial intelligence (AI) is most likely to transform the manufacturing sector. Manufacturing has changed dramatically in recent years. With recent advances, AI will accelerate to become outsized in manufacturing trends in 2023.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Analytics Software 52

LevaData

JANUARY 23, 2020

Although there’s no shortage of annual predictions at this time of the year, we wanted to share some trends that consistently come up on our platform, across our customers and in the news. Risk management will evolve into a core strategic sourcing discipline. To manage, sourcing professionals will have to find ways to adapt.

Predictive Analytics Software 52

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Negotiating Skills 52

IQMS

JULY 2, 2018

72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient. 72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient. Real-Time Monitoring Is At An Inflection Point.

Manufacturing Procurement 71

Manufacturing Procurement Optimal Sourcing Manufacturing Inventory Reduction 71

ThroughPut

DECEMBER 5, 2023

Demand forecasting is the process of predicting future demand for a product or service, which helps businesses plan and allocate resources effectively. By accurately predicting future demand, businesses can better prepare for potential disruptions, such as supply chain disruptions, natural disasters, or changes in consumer behavior.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. The State of Supply Chain 2016 Trends.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

ThroughPut

DECEMBER 3, 2019

One of the most common misconceptions about manufacturing is that it’s data-driven. survey asking decision makers what business functions are driving digital transformation. Why Data Is a Unique Asset for Manufacturers. With those numbers, one would assume manufacturers would want to become fluent with data.

Manufacturing Procurement 52

Manufacturing Procurement Data Manufacturing Optimal Sourcing 52

GlobalTranz

MAY 12, 2015

A global marketplace is emerging that represents a huge opportunity for manufacturing. But the market is segmented, demanding specialization that will be tough for traditional manufacturers to handle. Technology and Manufacturing: It is a Part of the Cerasis DNA & How we Empower our Manufacturing Shippers.

Manufacturing Procurement 120

Manufacturing Procurement Modeling Software Demand Planning Software Cost Reduction Strategies 120

Supply Chain Matters

JANUARY 13, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. In this posting we highlight our fourth prediction. Prediction Background.

Predictive Analytics Software 52

Predictive Analytics Software Negotiating Skills Predictive Analytics Supply Chain Software 52

Material Handling & Logistics

JANUARY 10, 2018

While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. According to a recent study by Pew Research study, 80% of consumers make online purchases, compared to just 22% in 2000.

Predictive Analytics Software 96

Predictive Analytics Software Supply Chain Design Software Predictive Analytics Supply Chain Software 96

ThroughPut

DECEMBER 3, 2019

One of the most common misconceptions about manufacturing is that it’s data-driven. survey asking decision makers what business functions are driving digital transformation. Why Data Is a Unique Asset for Manufacturers. With those numbers, one would assume manufacturers would want to become fluent with data.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Optimal Sourcing Data 52

Supply Chain Matters

AUGUST 10, 2023

July is typically a month in which Chinese suppliers and manufacturers have ramped up production levels to support global-wide back-to-school and other holiday related demand for products that peak in the November and December surge period. reflects broader weakness in the entire chain of global manufacturing.” percent in 2022.

China 52

China Manufacturing Procurement Material Savings Sourcing Strategies 52

Enterra Insights

OCTOBER 26, 2023

Companies can leverage social media to obtain consumer behavior analytics while also monitoring the industry, news and other sources that can indicate potential supply chain disruptions like the passing of a new regulation. 7] It should be clear that resiliency is built on a foundation of data. .”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

ToolsGroup

JULY 24, 2019

Manufacturing was transformed into a global enterprise. And this low cost fostered a mentality of incremental thinking with mid-level managers focused on squeezing out 1-2% a year in cost savings through sourcing, says Pete Guarraia of Bain consultancy. . Not surprisingly, technology is also playing a role.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Planning Scenario Planning Gartner 189

Logility

NOVEMBER 2, 2022

Suppose a product can be manufactured in multiple plant locations, and there’s a potential warehouse only 50 miles away from 60% of your customers that regularly order it. The solution brings decision-making around sourcing, production, and logistics further down the organizational chart. CSCMP EDGE Leadership Panel Survey, 2022.

Optimal Sourcing 130

Optimal Sourcing Network Design Software Network Optimization Network Design 130

ToolsGroup

OCTOBER 3, 2022

For example, according to a recent PwC survey, acquiring and maintaining talent is one of the top two risks for business executives. Source: Bloomberg.com. The demand for retail workers to fill positions in stores, warehouses, and the manufacturing plants of vertically integrated retailers is not decreasing anytime soon.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Enterra Insights

FEBRUARY 7, 2023

”[1] According to McDonnell, “The paper assesses what scientists call the ‘carbon budget,’ which is a way of predicting the amount of warming that will likely be produced by a given volume of emissions. East notes, “Sustainability analytics requires a lot of data from many different sources.

Predictive Analytics 130

Predictive Analytics Analytics Software Manufacturing Procurement Predictive Analytics Software 130

Supply Chain Matters

JANUARY 19, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 52

ThroughPut

SEPTEMBER 29, 2019

Manufacturing Must Be Data-Driven. One of the most common misconceptions about manufacturing is that it’s data-driven. survey asking decision makers what business functions are driving digital transformation. Why Data Is a Unique Asset for Manufacturers. Manufacturers will need to overcome several hurdles along the way.

Manufacturing Procurement 40

Manufacturing Procurement Manufacturing Data Supply Chain Software 40

Jaggaer

OCTOBER 8, 2019

Our survey of the global procurement community and the subsequent report, Digital Transformation in Procurement: How Close Are We? revealed heightened awareness of digital technologies and their potential to transform the procurement function, but little progress over the past two years. So, what else has to happen?

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 40

Enterra Insights

DECEMBER 10, 2019

.”[1] Given all the potential benefits of the IIoT, manufacturers should be jumping on the IIoT bandwagon. However, John Hitch reports, “According to [IndustryWeek’s] July survey of manufacturing leaders, optimism abounds with automation while skepticism hinders wearables and IIoT.”[2]. ”[2].

Optimal Sourcing 100

Optimal Sourcing Industrial Industry Cost Reduction Strategies 100

Enterra Insights

JULY 12, 2019

Nigel Duckworth ( @nigelduckworth ), a marketing strategist at One Network Enterprises, notes it can be difficult for manufacturers to concentrate on the long game with a swirl of new technologies constantly vying for attention. Sixty-four percent of the manufacturers surveyed are looking for increased market share in their existing markets.

Manufacturing Procurement 113

Manufacturing Procurement Industrial Industry Predictive Analytics Software 113

ThroughPut

JULY 6, 2021

Do you remember the time when the COVID-19 pandemic lockdowns were announced across the world, followed by the panic purchase of essentials to the point where supermarkets and grocery stores were left with empty shelves? Understanding and predicting demand in unpredictable times . Reshaping the manufacturing world to meet new demands.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

Kinaxis

AUGUST 9, 2018

supply chain professionals are expected to embrace many new technologies – from artificial intelligence and robotics to predictive analytics and cloud computing. In addition, research conducted by APICS, Deloitte and The Manufacturing Institute predicts that 3.5

Supply Chain Network Software 120

Supply Chain Network Software Resource Reduction Cost Reduction Strategies Supply Chain Planning Software 120

Taulia

JANUARY 4, 2023

Supply chain management comprises parts including supplier management , sourcing, procurement, the accounts payable process , manufacturing, and the delivery of finished products. Demand forecasting is the process used by businesses to predict future demand for a product or service. What is demand forecasting?

Forecasting 52

Forecasting Modeling Optimal Sourcing Supply and Demand 52

Supply Chain Matters

DECEMBER 14, 2022

The Ferrari Consulting and Research Group through its affiliate, Supply Chain Matters blog unveils part two of a summarized overview of our annual prediction themes for industry and global supply chains for the year 2023 and beyond. Economic and Business Challenges Expected in 2023. Global Economic Themes. percent GDP growth in 2023.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Cost Reduction Strategies Material Savings 52

ThroughPut

OCTOBER 7, 2022

After all, most of these business functions were created for a very different era where any change was predicted earlier and absorbed easily. Understanding and predicting demand in unpredictable times. Reshaping the manufacturing world to meet new demands. A definite “no-no” for demand planners.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

BlueYonder

DECEMBER 26, 2017

By the end of 2020, one-third of all manufacturing supply chains will be using analytics-driven cognitive capabilities, thus increasing cost efficiency by 10% and service performance by 5%. Manufacturers that can speed their adoption of digital capabilities in order to create business value will be the leaders of their industry.".

Supply Chain Design Software 97

Supply Chain Design Software Analytics Software Supply Chain Software Modeling Software 97

BlueYonder

MAY 16, 2018

During the conference, 90 executives from the manufacturing, retail and logistics industries attended the Executive Exchange, sponsored by KPMG LLP (KPMG). The survey found that trying to keep up with customer expectations is driving retailer investment in the supply chain, while agility and innovation is driving manufacturer investment.

Supply Chain Planning Software 40

Supply Chain Planning Software Survey Supply Chain Software Agile and Lean Supply Chain 40

SYSPRO Smarter ERP

JANUARY 9, 2023

Manufacturers increasingly turning to data and analytics, from an ERP system, to support business initiatives. It is needed to provide more accurate awareness and visibility over operations, and by using data and analytics effectively an organization can become more responsive. Steps to building a data and analytics capability.

Analytics Software 111

Analytics Software Manufacturing Procurement Inventory Management Software Predictive Analytics Software 111

Enterra Insights

JULY 14, 2021

the IoT), and analytics (i.e., A recent survey by GT Nexus and Capgemini found that 70% of retail and manufacturing companies have already started a digital transformation project in their supply chain operations. For example, in the modern industrial setting, AI systems are part of an Internet of Things (IoT) ecosystem.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Agile and Lean Supply Chain 130

BlueYonder

MAY 16, 2018

During the conference, 90 executives from the manufacturing, retail and logistics industries attended the Executive Exchange, sponsored by KPMG LLP (KPMG). The survey found that trying to keep up with customer expectations is driving retailer investment in the supply chain, while agility and innovation is driving manufacturer investment.

Supply Chain Planning Software 40

Supply Chain Planning Software Survey Supply Chain Software Agile and Lean Supply Chain 40

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Enterra Insights

OCTOBER 14, 2020

Although history, for the most part, advances predictably, occasionally events, like the COVID-19 pandemic, come along to reset history’s course. Now, all that manufacturing, logistics, pricing, customer engagement and general commerce data is obsolete.” Some analysts refer to this as a paradigm shift. Changing consumer behavior.

Purchasing Skills 100

Purchasing Skills Manufacturing Procurement Predictive Analytics Software Modeling 100

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.”. The COVID-19 pandemic has only confirmed what we already knew: modern supply chains must be built on a foundation of extreme agility and responsiveness.

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Supply Chain Software 93

Unleashed

APRIL 18, 2022

An example of supply chain resilience A basic example of supply chain resilience is building in redundancy through dual sourcing: having an alternative supplier for important parts or ingredients. Their Head of Supply Chain, Daniel Bull-Clearie, initially sourced their raw product entirely from their own coastal farm.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Inventory Reduction Supply Chain Strategy 97