SCMDOJO

APRIL 4, 2023

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

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Supply Chain Matters

AUGUST 8, 2022

The overall takeaway from the July data was that global production momentum had begun to stagnate and in some regions such as the Eurozone, Taiwan, and to some extent , certain manufacturing regions of China, PMI values had reached contraction levels. . This index was reported as 1.84 reported for June, and 2.59

Procurement Analytics 52

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Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Expand the “FLOW” program for logistics information sharing to forecast transportation flow. The result was restatement. My conclusion?

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SYSPRO Smarter ERP

JULY 3, 2023

Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. The area of AI that manufacturers need to explore to drive their factories into the future is machine learning (ML). The Industry 4.0

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Logistics Viewpoints

OCTOBER 18, 2023

Global Manufacturing PMI Global Trade as a Barometer Clearly domestic business activity is much larger than international trade. But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed. Source: J.P.

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Supply Chain Matters

JUNE 23, 2023

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S.

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Zipline Logistics

MAY 25, 2021

Everything from food and beverage products to home improvement items saw a significant consumption bump as buyers, sidelined by pandemic restrictions, diverted their purchasing habits from experiences to consumer goods. The study analyzed supply chain performance at manufacturers, wholesalers, and retailers throughout 2020.

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Supply Chain Game Changer

NOVEMBER 12, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out What Exactly Is Procurement? And What is Purchasing? As we’ve chronicled on the Argentus Blog, it’s no secret that the world of Procurement is changing and fast. Procurement, you’ve come a long way, baby!

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GlobalTranz

JANUARY 17, 2017

Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up.

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Logistics Viewpoints

FEBRUARY 2, 2024

Department of Transportation, which has selected 37 projects to be given funds made available by the Bipartisan Infrastructure Law’s (BIL) Mega Program and the Infrastructure for Rebuilding America (INFRA) Grant Program. percent year-on-year decline in cargo ton miles to 1.8bn, although this metric increased by 9.5

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Supply Chain Matters

AUGUST 3, 2022

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. reported for June. The July 2022 J.P.

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Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

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Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

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Supply Chain Matters

JUNE 3, 2022

In this Supply Chain Matters commentary, we highlight quantitative data related to global and regional supply chain production activity levels in May 2022, as depicted by the reported PMI indices. Global Manufacturing Output Levels Again Decline. reported for April. According to the J.P. This index posted a value of 52.4

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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. Focus on Cost. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Manufacturing equipment lead times were 19 months. A Zealous Focus on Cost.

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GlobalTranz

JUNE 30, 2017

Manufacturers have always struggled to know their customers. Unfortunately, this means manufacturers face an even greater challenge, as more customers translate into greater use of customer service. But, how do manufacturers turn their focus to the customer experience? Determine What Customers Want Today.

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ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

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GlobalTranz

FEBRUARY 19, 2016

The Industrial Revolution helped change and bring prosperity into the world of manufacturing. As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. Why Is Technology Driving Procurement Trends and the Role of Procurement?

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GlobalTranz

JULY 10, 2015

On June 23, 2015, the Council of Supply Chain Management Professionals ( CSCMP ) released the “State of Logistics Report,” which happens to be in its 26 th year. For members of the CSCMP , the cost of the report is free, but it stands out at $295.00 The transportation sector of the logistics industry grew by 3.6

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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. Focus on Cost. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Manufacturing equipment lead times were 19 months. A Zealous Focus on Cost.

Procurement Analytics 195

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Logility

AUGUST 31, 2023

Through Logility, Kelly-Moore has moved beyond relying solely on shipment history to purchase raw materials by forging a deeper connection between its master production schedule and procurement decision-making. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

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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.

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Enterra Insights

NOVEMBER 26, 2019

Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”. One of the new tools available to decision makers is predictive analytics. Leveraging predictive analytics is as close as business leaders will come to having a crystal ball.

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SYSPRO Smarter ERP

MAY 22, 2023

A sustainable chain involves implementing sustainable practices at each stage of the supply chain, from raw material sourcing and production to transportation, distribution, and end-of-life disposal. A recent report by the IDC noted some benefits of these programs.

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Precoro

NOVEMBER 7, 2022

In order to run a successful business, you need a dedicated procurement team to obtain these essential goods and services, ensure timely delivery, and nurture good relationships with your vendors. Paying for offices, utilities, technology subscriptions, and cleaning services is also part of the procurement team's responsibility.

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AIMMS

OCTOBER 17, 2023

According to a Proxima report “Investing in a Sustainable Supply Chain,” there has been a significant change in the priorities of investors. Efficient inventory management Demand Forecasting: Use demand analytics to predict demand more accurately, thus reducing overstocking or stockouts.

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Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. It refers to the process of purchasing, storing, and tracking the various goods required to build a product. In this manufacturing inventory management guide What is manufacturing inventory management?

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GlobalTranz

JANUARY 22, 2018

Going back to the Industrial Internet of things (IIoT), the use of Internet-connected technology increases risk in manufacturing. billion in 2018 alone, reports Michael Kotelec of Manufacturing.net , and this will bring a strong, robust boost to efficiency and productivity in manufacturing. However, the risk is well worth it.

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Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

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crisp

OCTOBER 3, 2023

Inflation and economic uncertainty loom large , directly influencing consumer purchasing behavior. Consumers are undoubtedly becoming more cost-conscious , but how can businesses leverage this shift to their advantage? However, challenges still exist, especially in domestic transportation.

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GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics. Replacement parts.

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Logility

AUGUST 14, 2023

Transactional and customer-facing data, such as transportation data and manufacturing and purchase orders, are important for generating demand signals and calculating demand variability. Setting goals without understanding what data is available and required risks sending the project and its metrics off course.

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Supply Chain Matters

SEPTEMBER 3, 2022

Supply Chain Matters provides our commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. In our summary and perspectives focused on July 2022 reporting , we opined that July data reinforced a trending toward declining global supply chain production momentum. The August 2022 J.P.

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GlobalTranz

SEPTEMBER 22, 2016

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. So, why do supply chain managers not take advantage of this data with respect to procurement?

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Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 120

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. The State of Supply Chain 2016 Trends.

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Unleashed

FEBRUARY 21, 2022

As 2022 kicks in, the manufacturing sector is being shaped by technological change and the Covid-19 pandemic. Digital, connected and smart systems are on the rise, while at the same time manufacturers face challenges such as the ‘Great Resignation’ and clogged-up supply chains – as well as increasing demand for sustainable products.

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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?

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