The Logistics & Supply Chain Management Society

AUGUST 14, 2023

These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers. Generative AI can use models with billions or even trillions of parameters trained on massive datasets (think the size of the internet), enabling it to produce increasingly complex outputs such as speech, text, and videos.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. What did we find?

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

RFgen

FEBRUARY 17, 2023

KEY TAKEAWAYS: Just in Time Manufacturing is a business-centric approach focused on efficiency. Lean manufacturing emphasizes customer desires. When it comes to producing products, manufacturers have many options for the methodologies they adopt. How do you choose the right manufacturing method for your business?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 52

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

synchrono

JUNE 4, 2018

Managing operations through multiple manufacturing systems can be challenging, but it’s a daily reality for many manufacturers. For instance, one facility might operate in a make-to-stock mode and the other in a make-to-order mode even though they manufacture the same types of products for the same customers.

Supply Chain Planning Software 80

Supply Chain Planning Software Demand Planning Software Inventory Management Software Modeling Software 80

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. 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. The Right Approach to Food Waste Reduction.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

Logility

APRIL 29, 2021

It must also enable continuous improvement programs and Good Manufacturing Practices (GMP) by helping to identify areas that need improvement and create and manage corrective action plans. Vendor scorecards based on performance metrics help ensure better sourcing decisions when used to assess and compare vendors and assist with onboarding.

Optimal Sourcing 203

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 203

Unleashed

NOVEMBER 2, 2023

A production schedule can help you bring down manufacturing costs and maximise efficiency during the production process. A production schedule is a project plan detailing the scheduled timeline for goods to be manufactured. Its goal is to ensure goods are manufactured with maximum efficiency, on time and within budget.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

Unleashed

JANUARY 29, 2024

An electronics manufacturer chooses to discontinue older or less fashionable design models, based on market trends and customer preferences. Using metrics such as inventory turnover rate , sell-through rate, and gross margin return on investment allows you to monitor your inventory performance more effectively.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

synchrono

MAY 7, 2018

It seems not a week goes by when I don’t hear from someone in manufacturing: “You can’t manage what you can’t measure”. Of course, there is a lot of truth to that statement, but as someone who spends all day, every day, helping manufacturers gather real-time data for better operational performance, I believe the statement is incomplete.

Metrics 58

Metrics Manufacturing Resource Reduction Supply and Demand 58

Enterra Insights

JUNE 24, 2022

The following video provides a quick lesson about how barcodes work. This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.” ”[3].

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

Supply Chain Shaman

NOVEMBER 9, 2014

They had seen my videos on the website and needed a speaker for their global kick-off meeting. Proudly, I had led my division to have the lowest manufacturing costs with the highest Return on Assets. Today, 60% of sourcing organizations and 45% of manufacturing organizations report through the supply chain organization.”

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

The Logistics of Logistics

NOVEMBER 5, 2021

Steve works closely with leading manufacturers, retailers, logistics service providers, and technology firms. Chris’s primary research covers all aspects of freight transportation including combinatorial procurement auctions, robust planning, portfolio management, performance metrics, and infrastructure design. Cassandra Gaines.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Transportation Supply Chain Design Software Supply Chain Planning Software 147

Talking Logistics

AUGUST 20, 2018

A total of 137 respondents completed the survey from Manufacturing, Retail, Logistics Service Provider, and other companies in the Americas, EMEA, and APAC. At the BluJay Soar 2018 conference this past May, I conducted several video interviews with BluJay customers on the growing importance of customer experience.

Innovation 100

Innovation Company Cost Reduction Strategies Logistics Network Optimization Software 100

Talking Logistics

AUGUST 27, 2018

From May 2016 through the end of August 2017, “17 CEOs of public Big Food manufacturers and retailers had departed, or announced their intention to,” according to an article published last September in Fortune. There are seismic shifts in the fast-moving consumer goods (FMCG) and outsourced manufacturing world.”.

Agile and Lean Supply Chain 101

Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Network Software Demand Planning Software 101

Enterra Insights

OCTOBER 12, 2021

”[3] Despite its proven effectiveness, Hume and Taylor note, “Reinforcement learning is mostly used in academia and niche areas like video games and robotics. With enough trials, you can reinforce your way to beating your current best approach and discover a new best way to accomplish your task.”[3]

Supply Chain Design Software 200

Supply Chain Design Software Optimization Software Forecasting Software Modeling Software 200

Supply Chain Shaman

SEPTEMBER 3, 2015

There are two buffers in the supply chain: inventory and manufacturing capacity. As assets become more and more utilized manufacturing loses the ability to buffer volatility through manufacturing capacity optimization. The reduction of cost and improving asset utilization is usually the charter of the supply chain team.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Network

DECEMBER 11, 2016

For those of you who prefer video to the written word, below is a recent video interview where I wax poetic about the ‘Digital Elevation of Planning and the Planning Executive’ as well as ‘The SCM Company.’

Supply Chain Planning Software 68

Supply Chain Planning Software Supply Chain Planning Scenario Planning SCM 68

Logistics Bureau

SEPTEMBER 4, 2023

Excessive costs can hide anywhere in your company’s service provision or supply chain functions, including manufacturing, logistics, distribution, and customer service. In turn, such a development can start to drive up the costs associated with the products you manufacture or supply.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

Enterra Insights

OCTOBER 20, 2022

Researchers assign various measures of importance to each of the metrics, sometimes treating them equally, sometimes separating one out of the pack.”[2] He explains, “This time around, the Roaring 20’s will bring about not mass manufacturing and increased migration to cities, as it did a century ago.

Big Data 130

Big Data Data Quality Cost Reduction Strategies 130

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

synchrono

NOVEMBER 18, 2016

These improvements in inventory efficiencies then translate into improved financial metrics, including 10% improvement in earnings per share; 5% increase in return on assets; and a 2.5% Supply Chain Market reported the closest any manufacturer can get to the magic bullet is supply chain visibility. gain in profits.

Supply Chain Visibility 40

Supply Chain Visibility Real-time Visibility Supply Chain Software Forecasting Software 40

Supply Chain Game Changer

NOVEMBER 6, 2018

Decision support includes all forms of planning: demand, supply, revenue, manufacturing, and transportation. Emergence of digital manufacturing technologies. Technologies such as robotics, wearables, the Internet of Things, and additive (3-D) manufacturing are redefining manufacturing. Check out Supply Chain 4.0

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Software Analytics Software 52

Talking Logistics

MAY 8, 2013

Check out the short video below for an overview. The company is also stopping production in Ecuador, Venezuela, Belarus and Pakistan by April 2014 (these countries scored low in a World Bank report that assessed countries on accountability, corruption, violence, and other metrics).

Supply Chain Planning Software 237

Supply Chain Planning Software Bangladesh Supply Chain Planning Supply Chain 237

Unleashed

MARCH 21, 2021

So, a well-defined and executed procurement strategy, along with the implementation of procurement software capabilities, can effectively help reduce costs in manufacturing, distribution and wholesale companies. Request photos and videos or a site visit, as seeing their production floor will tell a lot about how suppliers run their business.

Procurement Analytics 59

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 59

Talking Logistics

APRIL 6, 2015

As I wrote last October, all signs point to Mexico playing a greater role in supply chains , as companies across a variety of industries grow their presence in the country, either manufacturing in Mexico or growing their supplier base there. A quick aside: kudos to the event organizers for a well-planned and executed event.

Mexico 100

Mexico Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 100

QAD

JUNE 27, 2019

The city of New Orleans played quite the host this year to our growing community of manufacturers for our largest annual customer conference, Explore. All operator, production order and equipment transactions are recorded via data lake technology to provide for advanced traceability and operational metrics.

Las Vegas 97

Las Vegas Pharmaceutical Beverage Automotive 97

Kinaxis

JUNE 30, 2017

I wanted to share their fascinating conversation with our readers – check out the video interview and transcript below: Supply chain planning in the digital age. So as a consumer, you have a lot more channels through which you can engage with the manufacturers. Think about personalization of products. Geopolitical factors….

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 147

synchrono

JANUARY 21, 2018

Demand-Driven Manufacturing seems like it was made for Make/Assemble-to-Order and Engineer-to-Order environments. It’s true that Demand-Driven Manufacturing can be beneficial for manufacturers who already produce goods based on customer demand because it improves their responsiveness to customers and lowers lead and cycle times.

Demand Planning Software 75

Demand Planning Software Resource Reduction Material Savings Waste Reduction 75

Supply Chain Trend

OCTOBER 31, 2016

As I worked for and was involved with various enterprises over my career, some manufacturing, some service related, retail, etc. I saw how core S&OP concepts could be applied in various types of businesses, outside of the traditional legacy industries where S&OP was initially applied (manufacturing businesses).

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 60

HICX Solutions

OCTOBER 13, 2020

It’s also about knowing where their manufacturing facilities are, and the flows across the supply chain. Therefore, in order to support ‘Procurement for resilience, not just cost,’ Richard believes that success metrics for underpinning Procurement’s performance will also have to evolve.

Manufacturing Procurement 52

Manufacturing Procurement Data Procurement Supply Chain Software 52

Supply Chain Trend

DECEMBER 22, 2023

In these video’s (1-2 min), I explain the automation of routine collaborative decisions , executional decisions , planning parameter decisions , ESG decisions and segmented decisions Principle 5 : Intelligent IBP automates repetitive planning tasks, basic planning and transactional decisions.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

SCMDOJO

NOVEMBER 9, 2023

Instead, the mantle of responsibility is shouldered by the manufacturer or distributor. Inventory Turnover Ratio The Inventory Turnover Ratio, a pivotal metric, is harnessed to discern the expeditiousness with which the inventory undergoes consumption or is ‘turned over’ within a designated timeframe.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

ThroughPut

DECEMBER 3, 2019

Organizations around the world are now adopting Artificial Intelligence (AI) based technology solutions to create smarter, leaner, safer and sustainable manufacturing systems. All registrants will be provided with the video recording link following the event. to measure and track my bottlenecks?

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Planning Software San Francisco Supply Chain Network Software 52

synchrono

JULY 9, 2018

While pull can help eliminate many of the eight types of waste identified by Lean Manufacturing , it provides two important bottom line benefits as well: Decreased cycle times and decreased inventory levels. Pull is a vital principle in Demand-Driven Manufacturing. Visualizing Metrics in the Factory of the Future .

Demand Planning Software 54

Demand Planning Software Supply Chain Network Software Supply Chain Planning Software Predictive Analytics Software 54

Talking Logistics

MARCH 28, 2017

Drones, for example, can move the tracking process into the air and execute automatic inventory checks (increasing inventory accuracy) and identify inventory in hard to reach locations using GPS, RFID, video, OCR, and/or barcode readers.

Supply Chain Software 0

Supply Chain Software Logistics Network Optimization Software Demand Planning Software Procurement Solutions 0

Supply Chain Shaman

SEPTEMBER 27, 2015

In 2008, the company manufactured 2.5% PCA’s customers were larger food manufacturers. The manufacturers sourced the peanut butter primarily on cost. The presentations, videos and pictures are now posted. of the nation’s processed peanuts. As a result, when the problem surfaced, it was vast.

Pharmaceutical 150

Pharmaceutical Supply and Demand Food Manufacturing Procurement 150