SYSPRO Smarter ERP

MAY 10, 2022

With a manufacturing operation based on Assemble-to-order (ATO) , success hinges on being able to get products to customers quickly. In addition, demand forecasting has to be accurate and costs have to be managed. How ERP helps Assemble To Order (ATO) manufacturers.

Manufacturing Procurement 111

Manufacturing Procurement Procurement Solutions Optimal Sourcing Inventory Management Software 111

Supply Chain Shaman

JANUARY 31, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). Focus on Cost. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. We started the conversation with sourcing.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Synovos

JANUARY 24, 2024

By joining their network, RS Integrated Supply is able to connect with more than 500 procurement professionals, improving its supplier diversity. RS Integrated Supply was introduced by RS Group in 2022 after combining Synovos and IESA, two procurement and supply chain management companies. million customers. Interested in our services?

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Purchasing Skills Optimal Sourcing 105

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). Focus on Cost. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. We started the conversation with sourcing.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

SYSPRO Smarter ERP

OCTOBER 11, 2021

There is a belief that manufacturing is a mechanical process with not much thinking involved. While this is wrong for manufacturing in general it is especially wrong for process manufacturers – companies that produce food and beverages, paints, chemicals, pharmaceuticals, and cosmetics. What is process manufacturing?

Manufacturing Procurement 119

Manufacturing Procurement Manufacturing Supply Chain Planning Software Purchasing Skills 119

OptiProERP

MARCH 15, 2022

Before getting into production scheduling and how it helps manufacturers, let’s have a quick look at the functions of the production department in a manufacturing organization. Components of Production Scheduling in Manufacturing. It determines how manufacturers will meet product requirements. Reduced Costs.

Manufacturing Procurement 78

Manufacturing Procurement Optimal Sourcing Material Savings Resource Reduction 78

Supply Chain Shaman

NOVEMBER 21, 2022

The perspective of a manufacturing leader is quite different than that of a business leader in logistics. There is no magic ball on design: the organization’s reporting structures vary by culture and size. As shown in Figure 1, the reporting relationships vary. Supply Chain Reporting Structures. “ Reflection.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 288

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%. The myth of the “perfect plan”.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

Unleashed

JANUARY 3, 2023

As a manufacturer, a lot of businesses and customers rely on you to get things done on time. But when your cash is locked wages, managing inventory , lines of credit, and other costs, it can slow down productivity – even bring it to a standstill. This can lead to company losses, unhappy customers, and, eventually, insolvency.

Manufacturing Procurement 96

Manufacturing Procurement Material Savings Expense Reduction Inventory Reduction 96

Logistics Viewpoints

AUGUST 5, 2021

PwC reports that almost half of assets under management are held by investment firms committed to decarbonization. Similarly, UPS has strong commitments to sustainability and invests in many options, such as alternative fuel vehicles, e-cycles in dense cities, and carbon offsets for purchase with shipping.

Supply Chain Planning Software 299

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 299

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. How to Begin Your Terms.

Procurement Analytics 120

Procurement Analytics Manufacturing Procurement Procurement How To 120

Supply Chain Matters

DECEMBER 4, 2023

Supply Chain Matters provides a further global supply chain assessment in the highlights and added insights on reported November 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. reported in October.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain Shaman

MARCH 12, 2019

The IT taxonomy for visibility is supply chain analytics. As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues. These sources while functional are difficult to connect. The team was seeking analytics to monitor process compliance.

Prescriptive Analytics Software 173

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 173

QAD

MAY 23, 2023

The goal, from a manufacturing perspective, is clear: learn how to do more with less as efficiently as possible while maintaining profitability and complying with due diligence legislation. The International Labor Organization reports that 27.6

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What are its advantages and disadvantages?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

GlobalTranz

APRIL 25, 2016

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Unleashed

FEBRUARY 8, 2023

Product businesses are holding more stock than ever before, creating new cash flow problems for manufacturers. James Ewing: Procurement Manager at Renewable Parts Ltd. Tim Wright: Founder of two medical equipment manufacturing companies and currently MD of Langcroft Consultancy – specialists in digital transformation.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 98

crisp

DECEMBER 15, 2021

One of the big catalysts for change right now is the acceleration of data and analytics in supply chain management. A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. That same survey showed that up to 50% of procurement teams’ time was spent looking for data.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Unleashed

AUGUST 20, 2023

If a manufacturer has to wait an extra day for raw materials to arrive, they might lose a customer. In manufacturing, for example, lead time refers to the amount of time it takes for a product to move through the entire production process , from when the initial order or request was made to the final delivery. Let’s dive in.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

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

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

QAD

JANUARY 19, 2023

E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Supply chain management is typically broken into three large buckets of intricate processes and roles: Concept: the full cycle, from sourcing and procurement to fulfillment. What is Supply Chain Management?

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

Elementum

JUNE 30, 2022

Welcome to Elementum’s Supply Chain Market Report. Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

QAD

AUGUST 16, 2022

Unpredictability is undoubtedly the major issue manufacturers face when dealing with fragmented supply chains. As the supply chain breaks, manufacturers must find new suppliers and new transport routes and find them rapidly, so that production doesn’t come to a halt. So, how can manufacturers respond to these challenges?

Optimal Sourcing 94

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 94

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Per IDC Manufacturing Insights , the use of robotics will become more platform based through robot-as-a-service, reducing costs of deployment and maintenance. Technology Will Reshape Procurement Practices.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

Supply Chain Game Changer

JULY 21, 2021

Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses. Amazon is an example of a service that guarantees very quick lead times for customers with its 2 day shipping for Prime members.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Precoro

APRIL 18, 2023

For example, a company that produces furniture has to order raw materials and trace the manufactured items sent to the customers (forward tracing) and occasionally the items that are returned (backward tracing). Cargo Status Current information about the location and status of cargo is the first pillar of supply chain visibility.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Logistics Viewpoints

OCTOBER 19, 2023

Even if this retailer had used AI to forecast my purchase, AI that creates a perfect plan but fails to execute it only results in a highly-efficient silo, as Northeastern University professor Nada Sanders says. It’s not enough to make a model table for a website or a showroom. Planning was effective in this case, execution failed.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. Brand loyalty is no longer the driver for consumer purchasing decisions. BE READY FOR THE NEW NORMAL.

Supply Chain Planning Software 246

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

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. In this guide, we break down the WooCommerce order fulfilment process and how it works, with actionable tips for optimising your fulfilment strategy to bring costs down and boost productivity.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

Manufacturers have realized that while they may aim to be stable, what they really need is to be agile. The new normal for manufacturers. The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. It ties into the ERP system where quotes and purchase orders are managed.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Forecasting Software 115

Unleashed

AUGUST 29, 2023

It helps companies track and manage inventory items, customer orders, and inbound deliveries to bring costs down and improve overall efficiency. In manufacturing, inventory management software is also used to track parts, raw materials, and production documents – such as a bill of materials and work orders – through the supply chain.

Inventory Management Software 52

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

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Enterra Insights

JUNE 18, 2019

The blockchain has the potential to transform the supply chain and disrupt the way we produce, market, purchase and consume our goods. Cheng-Shorland explains, “Supply chain is driven in large part by the procurement process. Everything moves through the process based on the procurement contract.”

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Supply Chain Optimal Sourcing 100

Pivot88

APRIL 17, 2017

For many years, many strategic sourcing and procurement professionals have been using the cost reduction playbook as a guide for all of their sourcing and procurement activities. THE GAME CHANGER…VALUE PROCUREMENT. Procurement officers are under pressure to deliver value added performance.

Cost Reduction Strategies 40

Cost Reduction Strategies Negotiating Skills Purchasing Skills Manufacturing Procurement 40