Supply Chain Shaman

DECEMBER 15, 2022

In the supply chain team analysis, note the 21% gap between procurement and manufacturing teams, the 35% gap between sales and operations and the 21% gap between finance and operations. Functional Metrics. Advanced planning solutions (APS) do not cross over make, source, and deliver with a common data model in the planning horizons.

Manufacturing Procurement 389

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 389

ivalua

MARCH 24, 2021

The role that procurement plays in manufacturing organizations is a difficult one. Without digitization, many manufacturing organizations see one or more of these areas suffer due to a reliance on manual processes, a lack of collaboration with suppliers, and little to no visibility of risk during the product development process.

Manufacturing Procurement 130

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

ivalua

JUNE 26, 2023

Vishal Patel and Peter Hunt delivered their session ‘Creating Value with Strategic Sourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to category management and strategic sourcing. The answer is simple – automation.

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

Logility

DECEMBER 28, 2020

How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Therefore, manufacturers must continually look for new ways to improve the productivity and profitability of their operations.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Manufacturing Analytics Software 130

OptiProERP

FEBRUARY 8, 2024

Additive Manufacturing (AM), often called 3D printing, has emerged as a revolutionary technology potentially transforming traditional production processes. As this innovative approach gains traction across various industries, the need for seamless integration with Enterprise Resource Planning (ERP) systems becomes increasingly evident.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Design Software 52

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. Manufacturing KPIs. can be measured to define this metric.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

SYSPRO Smarter ERP

AUGUST 2, 2023

As members of one of the most highly regulated industries in the world, medical device manufacturers face numerous challenges. From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

SYSPRO Smarter ERP

APRIL 11, 2022

Over the last decade, the role of the manufacturing and distribution CFO has undergone a profound shift. survey , 57% of manufacturing CFOs agree that proficiency and knowledge to create an effective plan to operationalize and transition the business into a digitalized and automated manufacturer is the most critical factor globally.

Manufacturing Procurement 105

Manufacturing Procurement Distribution Supply Chain Design Software Manufacturing 105

SYSPRO Smarter ERP

MARCH 27, 2023

Instead of the old vertically integrated business models (where one manufacturer performed most activities), international supply chains using specialized suppliers led to lower costs of production and services, improved quality, and better pricing. Revise sourcing policies to focus more on reliable delivery rather than just lower costs.

Manufacturing Procurement 104

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Modeling 104

QAD

JUNE 25, 2019

Stockouts affect customer satisfaction and revenue, and the frequent need to expedite orders adds to costs and highlights problems lurking in the system. It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts.

Procurement Analytics 103

Procurement Analytics Metrics Inventory Reduction Inventory 103

Arena Solutions

APRIL 4, 2023

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

Manufacturing Procurement 73

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 73

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. A pull system is better than a push system. 10 Soft Metric Considerations in Measuring Supply Chain Performance. RFID, AIDC, and IOT Systems : The advantages of using RFID-, AIDC-, and IoT- based technologies seem fairly simple.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Supply Chain Shaman

SEPTEMBER 28, 2022

Last week, after booking an additional $1B in unexpected supplier costs in the third quarter, the CFO led the company’s focus on restructuring to “support efficient and reliable sourcing of components and internal development of key technologies and capabilities.” These capabilities do not exist at Ford. Conclusion.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers. Supply chain data can be challenging to manage due to its unstructured or semi-structured nature and the need to integrate new data sources.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

SYSPRO Smarter ERP

JUNE 9, 2022

Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? How much does it cost us to manufacture this product? The power of business intelligence for manufacturers. Mid-market manufacturers need a tool that’s tailored to their needs.

Supply Chain Design Software 98

Supply Chain Design Software Analytics Software Supply Chain Planning Software Predictive Analytics Software 98

QAD

MARCH 28, 2019

Inventory accuracy and minimizing stockouts are very important to customer satisfaction, but a few other metrics also impact the ability to meet customer expectations. Companies can use these metrics to help ensure they are doing everything possible to satisfy their customers at a manageable and sustainable cost. Choosing Metrics.

Customer Service 80

Customer Service Metrics Forecasting Forecasting Software 80

OptiProERP

NOVEMBER 14, 2023

In an era where environmental concerns are taking center stage, sustainability has emerged as a critical driver of success for manufacturers, big and small. Governments, consumers, and stakeholders increasingly prioritize sustainable practices, urging manufacturers to reevaluate their operations.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

Logistics Viewpoints

AUGUST 7, 2023

A previous supply planning implementation, of an SCP system from a different supplier, had not gone well. Cardinal Health, a global manufacturer and distributor of medical, surgical and laboratory products, is focused on continuous improvement of service. The system either works or it doesn’t.

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

Supply Chain Shaman

MARCH 27, 2023

” Today only 7% of manufacturers are innovators. Current planning taxonomies do not plan across make, source, and deliver answers bi-directionally. Continual reaction to real-time data streams introduces nervousness into the system. Integrating data does not align an organization motivated by functional metrics.

Supply Chain Planning Software 308

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 308

OptiProERP

APRIL 9, 2024

It involves multiple departments, systems, and stakeholders, each playing a crucial role in ensuring a seamless flow of operations. Sales representatives or an automated system generates quotes based on product specifications, pricing, and terms. Manufacturing and Assembly The heart of the process lies in manufacturing and assembly.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

SYSPRO Smarter ERP

APRIL 24, 2023

Manufacturers as well as consumer-oriented businesses need to embrace better fulfilment experiences for their customers. By using the SCOR model, manufacturers have a tested and comparable framework for assessing their order fulfilment processes and performance. Order fulfilment is becoming increasingly important.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

Unleashed

APRIL 10, 2023

The internal processes of a manufacturer are critical to the success of the overall business. This article breaks down 11 of the most effective process improvement techniques in manufacturing that you can implement in your workplace today. Deep dive: Check out the 2023 Manufacturing Productivity Guide.

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste Reduction 52

Enterra Insights

MARCH 1, 2019

The BCG analysts explain, “Today, another workforce transformation is on the horizon as manufacturing experiences a fourth wave of technological advancement: the rise of new digital industrial technologies that are collectively known as Industry 4.0.” ”[2] Computers and digital manufacturing ushered in other Industry 4.0

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Analytics Software 100

Logistics Viewpoints

NOVEMBER 14, 2022

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. The supply ecosystem connects over 630,000 manufacturers and suppliers. COVID of course taught companies the need for agility.

Agile and Lean Supply Chain 224

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 224

Logistics Viewpoints

AUGUST 15, 2022

Of the professionals surveyed, 59% saw the gap between procurement/sourcing and supply chain to be a major disconnect, and the most pressing pain point. A direct material is a raw material, component, or assembly used directly in the manufacturing process. Networks and Sourcing.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Logistics Viewpoints

FEBRUARY 14, 2022

ARC Advisory Group, where I work, recently announced the publication of their analysis of the 25 manufacturers with the most mature digital transformations. In fact, their digital champions began by aggressively expanding their sources of wisdom beyond their historic and current resources. This is the inaugural edition of the report.

Supply Chain Design Software 190

Supply Chain Design Software Supply Chain Software Report Logistics Network Optimization Software 190

QAD

JUNE 20, 2023

In the world of modern manufacturing, the importance of an efficient supply chain cannot be overstated. Manufacturers invest a great deal in resources to improve manufacturing efficiency and streamline their operations. Manufacturers are always looking for ways to produce more and make the shop floor more efficient.

Optimal Sourcing 88

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 88

Supply Chain Shaman

OCTOBER 25, 2021

Manage Make, Source, and Deliver Together. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Figure 1: Current State of a Global Manufacturer of White Goods. Traditional systems distort market signals. Place investment in legacy systems like– ERP, CRM, and SRM–on hold.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

DELMIA Quintiq

DECEMBER 14, 2021

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. Source: [link]. With the right solution and strategy, food manufacturers have the potential to create a major impact in reducing the scale of our global food waste crisis. Enable Sustainability with DELMIA.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

Logistics Viewpoints

JUNE 29, 2023

By fostering collaboration across all stakeholders, including suppliers, manufacturers, and logistics providers, companies can enhance visibility, streamline processes, and proactively address disruptions. Make to Order: Here, products are manufactured based on specific customer orders.

Manufacturing Procurement 185

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 185

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. Optimize sourcing: Focus on optimizing sourcing spend across all categories of products. This approach results in inefficiencies, higher costs, and missed opportunities.

Optimal Sourcing 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

3PL Insights

MAY 3, 2021

May 03, 2021— Evans Distribution Systems, a leading provider of third-party logistics and supply chain solutions, launched a new business intelligence tool: evans365. Evans365 accesses and analyzes data sets from Evans’ warehouse management system and other data sources and presents findings graphically. MELVINDALE, Mich.,

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Tools Distribution 52

Supply Chain Shaman

OCTOBER 25, 2021

Manage Make, Source, and Deliver Together. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Figure 1: Current State of a Global Manufacturer of White Goods. Traditional systems distort market signals. Place investment in legacy systems like– ERP, CRM, and SRM–on hold.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

ToolsGroup

AUGUST 3, 2022

These strategic executive hires support rapid company growth, better collaboration, goal clarity, and ongoing improvement in key business metrics while keeping ToolsGroup’s expanding team agile and highly coordinated: Jon Purdy is the new Chief Financial Officer. As the CFO, Jon is responsible for financial operations and risk management.

ToolsGroup 156

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Software 156

QAD

AUGUST 12, 2021

Sustainable manufacturing refers to the ability to manage manufacturing operations “in an environmentally and socially responsible manner,” according to the Organization for Economic Cooperation and Development. Sustainability Objectives for Manufacturers. Where Does ERP Come into Play with Manufacturer Sustainability Efforts?

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

Supply Chain Shaman

JULY 25, 2021

Each P&L leader will game the system to improve bonus structure payouts. The Focus Inside-out Supported by Functional Metrics. Trade-offs of commercial programs with source, make, and deliver to maximize value to the customer and improve margin.). The reason? Functional Intitiatives Without Clarity on Supply Chain Strategy.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370