Enterra Insights

MAY 22, 2019

Manufacturing has been the lifeblood of the global economy for hundreds of years. Because manufacturers have historically moved factories to regions featuring cheap labor and few regulatory restrictions (sometimes referred to as outsourcing or offshoring), a misconception has arisen about the importance manufacturing to national economies.

Manufacturing Procurement 100

Manufacturing Procurement Manufacturing Data Prescriptive Analytics Software 100

Supply Chain Shaman

JULY 13, 2023

My first digital supply chain presentation was in Milan at an SAP Insider conference in 2012.) The fear is the readiness of adoption of a laggard industry where only 3% of manufacturers are early adopters. Traditional planning taxonomies focus on the optimization of functional metrics. What Will Be the Value?

Optimal Sourcing 326

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Planning 326

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). The questions that are most often asked are: What metrics should I use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Supply Chain Shaman

SEPTEMBER 22, 2022

For more on the building of the planning master data layer, reference the ASCM presentation from last week.) Planning taxonomies change to enable the trade-offs between source, make and deliver based on market signals and the design of supply chain flows to enable this shift. These concepts are new. Unlearning needs to proceed testing.

Supply Chain Planning Software 405

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 405

Oracle SCM

JUNE 14, 2018

Manufacturing today is more complex than ever before. context, data is coming in from more and more sources. " Now when we look at the amount of data that is created in the context of Manufacturing, the Industrial Internet of Things, and Global Supply Chains, we can be sure that it is not much different.

Manufacturing Procurement 96

Manufacturing Procurement Predictive Analytics Software Manufacturing Modeling Software 96

BlueYonder

APRIL 13, 2023

ICON 2023 is Blue Yonder’s annual customer conference and premier supply chain event, where practitioners and decision-makers exchange insights about their transformation journeys If you are in the manufacturing field, why should you attend this year’s event? Terence: Why should manufacturing companies attend ICON?

Manufacturing Procurement 72

Manufacturing Procurement Inventory Reduction Optimal Sourcing Cost Reduction Strategies 72

Supply Chain Shaman

SEPTEMBER 24, 2017

In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. While the practices of finance are over 200 years old, in contrast, supply chain as a cross-functional practice (the combination of make, source and deliver) was recently defined in 1982. Is talent a cost or an asset? Talent Gaps.

Cost Reduction Strategies 195

Cost Reduction Strategies Inventory Reduction Resource Reduction Manufacturing Procurement 195

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. There must be a clearly defined data source with a standardized process for collecting and measuring that data. The Basics of Procurement KPIs.

Optimal Sourcing 113

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 113

OptiProERP

DECEMBER 23, 2021

The global pandemic has brought significant changes in the manufacturing industry. To grow, small manufacturers need to rethink their production processes and consider digital solutions. Many small-scale manufacturers are ready to go digital but investing in a new ERP system raises some concerns for them. Source: [link].

Manufacturing Procurement 52

Manufacturing Procurement Forecasting Software Analytics Software Supply Chain Design Software 52

IQMS

JULY 11, 2019

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Manufacturers care most about finding new ways to grow, excel at product quality while still being able to take on short lead-time production runs from customers.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Silvon Software

APRIL 29, 2022

Inventory can be a manufacturer’s most important asset. Key performance indicators (or KPIs) help to facilitate these requirements and drive higher inventory optimization outcomes as a result for manufacturers, distributors and other supply chain-centric businesses. The Basics of Inventory Management KPIs.

Optimal Sourcing 106

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 106

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

Supply Chain Shaman

NOVEMBER 9, 2014

Let me give you an example: Last week, I gave a presentation at a global supply chain team meeting of 175 professionals. The team was organized around the functional silos of source, make and deliver. As I cleared my throat, and pushed my toes deep into my shoes, I bounded up the stairs to start the presentation. I was wrong.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Logistics Viewpoints

JULY 27, 2021

There will still be a workforce needed to maintain those driverless vehicles or costs associated with maintenance done by the manufacturer or a 3rd party. Capturing it, cleaning it, screening it and analyzing it to determine better routes, better prices, and better sources is foundational to smart logistics operations.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 246

ivalua

JUNE 29, 2020

It is also helping to bridge the supply chain management gap that has traditionally existed between healthcare providers and other industries such as manufacturing. Quite often there can be a general lack of spend and vendor management and strategic sourcing activities. Share on Twitter. Big Opportunity Ahead.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Kinaxis

MARCH 21, 2017

In this way, supply chains can identify a list of products that can present managerial problems. Manufacturing flow simplifications. Alternative sources for parts. Where i is working week, MC is count of different manufactured items in week i, and DC is count of different demanded items in week i. 9, 2010.

Supply and Demand 169

Supply and Demand Optimal Sourcing Demand Planning Software Manufacturing Procurement 169

Taulia

JUNE 26, 2023

Stages of the supply chain A supply chain represents the flow of goods, materials, and services that underpin business operations, from sourcing raw materials to delivering finished goods. Involving suppliers, manufacturers, distributors, and customers, the supply chain process can be broken down into the following stages: 0.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 52

Supply Chain Game Changer

NOVEMBER 20, 2018

Today manufacturers must continually look for waste reduction, process improvement and supply chain efficiency to meet competitive pressures and their customers’ cost reduction requirements. What role will energy play in the long-term strategy for manufacturers? Subscribe Here! Email Address.

Manufacturing Procurement 44

Manufacturing Procurement Optimal Sourcing Cost Reduction Strategies Price Reduction 44

ThroughPut

JANUARY 19, 2024

Logistics presents a formidable challenge in the ready mix concrete (RMC) industry. For ready mix concrete manufacturers, managing logistics effectively is crucial. This was evident in our work with an RMC manufacturer grappling with these very issues. For obvious reasons!

Case Study 52

Case Study Waste Reduction Resource Reduction Material Savings 52

Supply Chain Shaman

JULY 25, 2016

The source data for the analysis is public reporting of balance sheets and income statements. If you see one of my presentations, I am sure that you remember the gnarly patterns of the orbit charts.) Check out their performance by plotting year-over-year metrics at the intersection of two ratios and look at the patterns.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210

Supply Chain Shaman

NOVEMBER 28, 2016

Shipping approximately 400 million selling units consisting of 700 million manufactured units per year, Carter’s employs about 4,000 employees at its peak. The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

Supply Chain Shaman

OCTOBER 8, 2019

The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. . #4

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Unleashed

OCTOBER 16, 2023

Every manufacturer knows the importance of raw materials – without them, there’s no final product. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. Let’s dive in. In this guide: What is raw material inventory management?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

SupplyPike

MAY 19, 2020

If the website does not provide important insights then it is not serving any purpose for either the manufacturer or the client. Category Consistency: Application of OVT does away with almost 20% discrepancy between a category advisor’s custom hierarchy metrics and Walmart’s parameters of performance. How Walmart uses syndicated data.

Data 98

Data Procurement Analytics Analytics Software Forecasting Software 98

ToolsGroup

JANUARY 9, 2018

With a single version of the truth, planners can model scenarios for S&OP meetings, so stakeholders from sourcing, manufacturing, logistics, sales, and finance can assess the options and trade-offs. This detailed plan can then be presented to executive management for review.

Modeling 179

Modeling Scenario Planning Optimization Modeling S&OP 179

Supply Chain Cowboy

MARCH 1, 2015

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Communication.

Vendor Strategies 40

Vendor Strategies Metrics Price Reduction Expense Reduction 40

Resilinc

APRIL 13, 2021

Institutionalizing is when the support of your stakeholders and C-level leaders deepens because they see the SCRM program is achieving its metrics. The key to Institutionalizing your SCRM program is achieving ongoing successes as measured by the metrics agreed to in the Plan—and ensuring that leaders and stakeholders validate these successes.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Strategy 62

BlueYonder

APRIL 24, 2023

One of the greatest benefits of today’s advanced digital solutions is their ability to ingest enormous volumes of data from across the supply chain — as well as from external sources — and apply those insights to course-correct the entire network as conditions change.

Optimal Sourcing 71

Optimal Sourcing Modeling Optimization Software Supply Chain Optimization 71

Logility

FEBRUARY 7, 2023

The computer chip shortage impacting the auto industry was capacity related – fires in a manufacturing plant, not enough factories to produce the chips due to increased demand, and limitations within the industry to accurately forecast demand for various types of chips meant many carmakers were forced to suspend production.

Optimal Sourcing 142

Optimal Sourcing Optimization Software Supply Chain Optimization Price Mitigation Strategies 142

Logility

DECEMBER 2, 2020

Just to level set, the Brundtland Commission defined sustainable development as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” Source: Nielsen Product Insider, 10/20/2018. I care about the environment and doing what I can to minimize my impact.

Supply Chain Planning Software 133

Supply Chain Planning Software Sourcing Strategies Supply Chain Planning Scenario Planning 133

Supply Chain Shaman

JUNE 7, 2021

A balance sheet analysis shows that 95% of publicly traded manufacturers are stuck (when compared to peer group) at the intersection of growth and margin, margin and inventory turns, and Return on Invested Capital (ROIC) and growth. When companies were growing, I also discovered that the cost and inventory metrics better aligned with peers.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Supply Chain Shaman

SEPTEMBER 17, 2014

There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. Aligned Metrics. I then finished a forty-minute presentation, and prepared for questions. What percentage of retail out-of-stocks could be prevented by the manufacturer in these industries?

Optimal Sourcing 301

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 301

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . Key performance indicators (KPIs) are the quantifiable metrics companies use to gauge their progress toward a specific goal. . Not sure what those metrics are? Inventory accuracy. Revenue per unit.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Talking Logistics

JULY 1, 2015

Source: “The Case for Less Silos, More Intelligence in Supply Chain Management,” webcast presentation by Adrian Gonzalez, Adelante SCM. Source: “The Case for Less Silos, More Intelligence in Supply Chain Management,” webcast presentation by Adrian Gonzalez, Adelante SCM. What has changed?

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Demand Planning Software 100

QAD

JULY 29, 2021

Mozart, Metallica and Manufacturing Operations Management. It is impossible to visually monitor thousands of metrics and, because data used in analytics is increasingly real-time, those thousands of metrics change often. The Adoption of Augmented Analytics in Manufacturing. A Roadmap for Augmented Analytics.

Analytics Software 98

Analytics Software Predictive Analytics Analytics Predictive Analytics Software 98

Bristlecone

AUGUST 17, 2020

Someone still has to produce cars; develop real estate and build homes; manufacture carpets, faucets and tile; process food items; produce movies; etc. For example, an automobile company may also emerge as a potential car rental company or cab aggregator, but they have to continue to manufacture cars, right? Is this multi-sourcing?

Optimal Sourcing 98

Optimal Sourcing Modeling Scenario Planning Manufacturing Procurement 98