The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. exact location of goods (on order, in transit, or in a warehouse)). Decision Making.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

QAD

MAY 16, 2019

The MMOG/LE assessment has been a go-to document for automotive supply chain best practices for thousands of global Tier 1 and Tier 2 suppliers since its first publication in 2002. MMOG/LE is used by automotive customers to select and evaluate production and parts, service and warehousing processes.

Supply Chain Planning Software 101

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 101

ThroughPut

DECEMBER 8, 2023

In the context of supply chain management, prescriptive analytics leverages raw historical data and performance data to determine the best probable courses of action, supporting supply chain decisions through network design, inventory and warehouse optimization, and supplier management.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Unleashed

JANUARY 10, 2023

Supply chain planning is the process of optimising the delivery of goods and services from manufacturer to consumer. Or, if you’re a middle-man retailer or wholesaler, how you manage your warehouse. Either way, the first thing you should do is establish metrics and KPIs. And it all starts here.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Taulia

JULY 5, 2021

As buyers source components from several suppliers, they often implement a VMI program at a third-party warehouse near the production or assembly location. Suppliers are then required to hold approved goods until the buyer requests delivery. Suppliers also have their own balance sheet metrics to worry about.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Inventory Optimal Sourcing 52

SCMDOJO

APRIL 29, 2024

Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.

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HICX Solutions

OCTOBER 13, 2020

It’s also about knowing where their manufacturing facilities are, and the flows across the supply chain. So, you haven’t got people in warehousing actually having their own ‘special’ spreadsheet of the correct data which they need and somebody else having their ‘special’ spreadsheet of what they think is the correct data that they need.”.

Manufacturing Procurement 52

Manufacturing Procurement Data Procurement Supply Chain Software 52

Unleashed

MARCH 26, 2023

Xero’s native inventory features include: Track up to 4000 stock items Enter and review stock quantities Add items to an invoice You can use this information in conjunction with Xero’s regular accounting suite to compare different financial metrics. It only tracks finished items.

Inventory Management Software 52

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

Unleashed

MARCH 24, 2024

Many manufacturers use lean methods to cut costs and improve efficiencies in their business. But ‘lean’ is a very broad concept and the ways that manufacturers ‘go lean’ vary considerably. Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

HICX Solutions

OCTOBER 13, 2020

It’s also about knowing where their manufacturing facilities are, and the flows across the supply chain. So, you haven’t got people in warehousing actually having their own ‘special’ spreadsheet of the correct data which they need and somebody else having their ‘special’ spreadsheet of what they think is the correct data that they need.”.

Manufacturing Procurement 52

Manufacturing Procurement Data Procurement Supply Chain Software 52

QAD

OCTOBER 4, 2023

History of Supply Chain Analytics Supply chain analytics began as the idea of scientific management outlined in Frederick Taylor’s 1911 publication of The Principles of Scientific Management. AI helps manufacturers and business leaders automate the tedious tasks required by staff.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Unleashed

DECEMBER 10, 2023

An ERP system integrates and manages the various areas of your business, including finance, accounting, human resources, supply chain, manufacturing, and wholesale tasks and activities. Consider which order management metrics are required to measure the success and ROI of the system selected.

Inventory Management Software 52

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

Logistics Bureau

SEPTEMBER 28, 2020

In its simplest form, fourth-party logistics is a model in which manufacturers hand over the entirety of the organisation and oversight of their supply chain to a 4PL provider. the digitisation of manufacturing. Unlike a 4PL, however, it won’t manage the paint maker’s entire supply chain. What is 3PL?

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 96

Unleashed

JANUARY 16, 2024

Landed cost is a crucial metric for understanding profitability at the product level. It includes any raw materials, freight, customs duties, insurance, warehousing, and related fees and overheads. The landed cost metric is helpful for businesses because it produces an accurate picture of a product’s total cost.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

Unleashed

APRIL 16, 2023

Tracking software follows the inventory from the supplier to the manufacturer, to ensure it is being delivered on time and as expected. This can then be used to manage any issues with warehousing or customer delivery. You’re struggling to track business metrics. What is inventory tracking software?

Inventory Management Software 52

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

Unleashed

JANUARY 16, 2023

There are supply chain management, shipping documentation, and accounting duties to worry about. Warehousing costs are rising. 3PL warehouses, however, often have higher order values through their retail partners which justifies the price. The items are delivered to a 3PL warehouse. Cut storage costs.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

Unleashed

JUNE 23, 2021

With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Multi-warehousing efficiencies. Warehouse automation. Warehouse and logistics staff can use portable technology to improve efficiency at work, such as scanning and picking.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Taulia

JUNE 26, 2023

Each business has its own supply chain and is responsible for constructing and managing it to suit its unique objectives. Involving suppliers, manufacturers, distributors, and customers, the supply chain process can be broken down into the following stages: 0. Then, move on to build your supply chain to suit those metrics.

Supply Chain Planning Software 52

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

6 River Systems

DECEMBER 11, 2018

Logistics personnel and supplier management pointers. Study the needs of your supply chain in order to make informed predictions. “Many manufacturers practice demand-driven logistics, meaning they are focused on their customers’ buying signals. Logistics strategies for streamlined fulfillment.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. Procurement is the process of sourcing suppliers , negotiating sales terms, and purchasing the goods a company needs to run its daily operations.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Unleashed

APRIL 3, 2023

Limited reporting: QuickBooks lacks deeper business insight reporting than surface-level metrics, meaning evidence can’t be produced for certain quality control, profitability, and efficiency decisions. Missing key features for manufacturers: Manufacturers will struggle the most with QuickBooks, due to a lack of key features.

Inventory Management Software 52

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

Unleashed

FEBRUARY 28, 2021

A manufacturing production planning and scheduling solution, Orchestrate is designed for day-to-day scheduling, capacity planning and ‘what if’ analysis – a feature that lets users investigate how best to increase production efficiencies, while still improving delivery. Industries using cloud-based supply chain management software.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Analytics Software 98

Supply Chain Game Changer

SEPTEMBER 21, 2021

Most of the pre-pandemic Inventory Management strategies were centred around improving inventory turnover, keeping inventory levels as low as possible, and reducing the amount of cash tied up in inventory. Inventory Management Headwinds. But it took a global pandemic to turn all of those paradigms and approaches on their heads.

Inventory Reduction 52

Inventory Reduction Inventory Material Savings Modeling 52

Supply Chain Game Changer

AUGUST 23, 2022

Investopedia defines the Cash Conversion Cycle as “a metric that expresses the time (measured in days) it takes for a company to convert its investments in inventory and other resources into cash flows from sales. ” Whichever name you choose to put on this cash management metric and process, the end result is the same.

Negotiate Pricing 94

Negotiate Pricing Supply Chain Software Procurement Analytics Manufacturing Procurement 94

Precoro

SEPTEMBER 2, 2022

Direct procurement is about buying anything needed to manufacture a product. These goods are not relevant directly for manufacturing but rather for supporting operations. But to maximize the efficiency of procurement management, it's essential to tailor the system to the needs of a particular organization. Risk management.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

Supply Chain Game Changer

SEPTEMBER 6, 2022

They received goods into their warehouses/distribution centres. They performed some light manufacturing activities to transform those materials into products that were ready for sale in retail, through a variety of channels. Some of the materials were sourced and managed by the customers. They stored those goods.

Optimal Sourcing 80

Optimal Sourcing Supply Chain Optimization Global Supply Chain Planning 80

Supply Chain Game Changer

JANUARY 30, 2020

I met with the management team within my first week. We spent a few days crawling through the finite details of the Supply Chain organization, processes, performance, metrics and strategies. We applied Lean manufacturing techniques to reduce the actual cycle times regardless. Raw Material Management.

Inventory Reduction 61

Inventory Reduction Inventory Material Savings Supply and Demand 61

Supply Chain Game Changer

NOVEMBER 16, 2018

I met with the management team within my first week. We spent a few days crawling through the finite details of the Supply Chain organization, processes, performance, metrics and strategies. We applied Lean manufacturing techniques to reduce the actual cycle times regardless. Raw Material Management.

Inventory Reduction 43

Inventory Reduction Inventory Material Savings Supply and Demand 43

Logistics Bureau

OCTOBER 30, 2017

Inventory management. Purchasing and supplier management. Production/manufacturing. Warehousing. A KPI is a metric… but not just any metric. A KPI is a metric focused on a KEY element of business, departmental, or team performance. Transportation. Let me try to clarify.

KPI 94

KPI Guinea-Bissau Virgin Islands Papua New Guinea 94