SCMDOJO

JULY 18, 2023

Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues.

Optimal Sourcing 93

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 93

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

Unleashed

OCTOBER 16, 2023

Every manufacturer knows the importance of raw materials – without them, there’s no final product. Raw material inventory management oversees the procurement, handling, and storage of raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Let’s dive in.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

GlobalTranz

JANUARY 8, 2016

We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence?

Manufacturing Procurement 120

Manufacturing Procurement Eliminating Excel in Purchasing Supply Chain Planning Software Manufacturing 120

SCMDOJO

JUNE 21, 2023

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. Let’s delve into this emerging concept.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. In one article , Mr. Sorenson points out that IBP works better for small manufacturers than large ones. To begin the journey, GEON needed a better supply chain planning tool.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA. Our Rating: 5/5 4.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Eight core competencies stand out, encompassing crucial aspects of SCM.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

GlobalTranz

MARCH 23, 2016

The focus is to eliminate all wastes in the organization, improve processes, solve root cause problems, create a pull environment, and ensure that Lean Six Sigma (LSS) works for quality and daily problem solving using DMAIC (Define, Measure, Analyze, Improve, and Control) and PDCA (Plan, Do, Check, and Act). Why are we doing this?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

SCMDOJO

APRIL 4, 2023

In this article, we’ll delve into the benefits and challenges of this powerful tool, and discuss the architecture that’s necessary to successfully integrate it into your business. Cognitive analytics: Cognitive analytics is a powerful tool that relies on artificial intelligence and machine learning to process vast amounts of data.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

SCMDOJO

DECEMBER 18, 2023

In the world of manufacturing and maintenance, effective spare parts management is essential for maximizing equipment uptime and reducing costs. Optimized Purchasing Procedures: Implement optimized purchasing procedures by identifying fast-selling items, ensuring timely orders, and preventing overstocking of slow-moving products.

Inventory Reduction 63

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 63

Supply Chain Opz

JULY 15, 2018

In the B2B (business-to-business) environment such as enterprise software, the customer acquisition cost is extremely high. Those people you are dealing with every day is actually your "internal customer" (as in lean manufacturing or six sigma initiatives.) The reason is that the acquisition process is very long.

Customer Service 100

Customer Service Six Sigma Agile and Lean Supply Chain Purchasing Skills 100

synchrono

OCTOBER 18, 2016

Lean Manufacturing relies heavily on trusted relationships with suppliers and pre-negotiated terms of engagement. eKanban software also makes all of this real-time information available for historical analysis and to identify trends in performance. Pull Manufacturing with Kanban. Eliminating inventory waste. I’d like to hear it!

Manufacturing Procurement 40

Manufacturing Procurement Agile and Lean Supply Chain Demand Planning Software Optimization Software 40

Requis

NOVEMBER 18, 2020

Today, as the founder and managing partner of USM Supply Chain Consultants she has put her expertise in supply chain, procurement, finance and project management to work to help her clients achieve greater profitability. And even at that time he was doing something completely new: he was running simulations using software applications.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

GlobalTranz

FEBRUARY 17, 2016

Purchasing can place the order and negotiate prices; Production Planning can release these items based on the latest Material Requirements Planning (MRP) report. Using Lean tools, without a complete cultural shift, creates a Lean façade. Having tools in various locations creates unnecessary movement by workers to do their job.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

GlobalTranz

JULY 12, 2016

This is solved through best practices, efficient and proven strategy, proper measurement of your tools and people, and the use of effective technology which doesn't add bloat, but is an enablement tool to provide a tangible Return on Investment in the way of reduced time and costs. . One 3PL-managed distribution center for a major U.S.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

NC State SCRC

APRIL 30, 2020

In the last few weeks, me and my research team of Beena, Nikhil, and Pratyush have been communicating frequently with Professor Blan Godfrey , and his team of graduate students taking his Six Sigma class. Yesterday he sent the link to the spreadsheet created to Helena.org to link with their software.

Six Sigma 40

Six Sigma Supply Chain Planning Software Agile and Lean Supply Chain Predictive Analytics Software 40

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. The company has strategically invested in automated distribution centers, streamlining the flow of products from manufacturers to stores.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Talking Logistics

AUGUST 3, 2017

Now consumers can compare products from multiple manufacturers and/or retailers in order to find best product at the best price – all from the comfort of their own home – and then have it delivered within days or even hours. The question is: how will this impact retailers and manufacturers? Transforming the Retail Supply Chain.

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software 103

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

GlobalTranz

JUNE 11, 2015

As the world is more distributed and players within the supply chain in transportation, manufacturing, and distribution are varied, applying a supplier quality management system in your business may allow you to stay more strategic and collaborative. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

Supply Chain Opz

JUNE 1, 2014

Manufacturing systems and regulatory compliance are considered to be very complex, coupled with the limited number suppliers due to the high barriers to entry. Moreover, the aircraft manufacturers have to do whatever it takes to win the order long before the commencement of production.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 76

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 76

SCMDOJO

AUGUST 4, 2023

Also, the Risk of fluctuations is present as whatever happens to such stocks can no longer be sold at its original purchase value. For instance, if an equipment manufacturing firm stocks various product parts and they no longer become sellable, they could be sold at a massive loss.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

OptiProERP

MARCH 4, 2019

Bar-code data on materials arriving can update the dataset before the purchase receipt has been processed. What analytics does first is look for patterns, using tools like moving averages, standard deviations, distribution histograms and clustering. RFID tags on staging and scrap pallets track their movement around the plant.

Analytics Software 63

Analytics Software Material Savings Manufacturing Procurement Predictive Analytics Software 63

USC Consulting Group

JUNE 23, 2020

This analysis can be conducted on each individual piece of equipment, an entire fleet of the same type of equipment, an entire fleet of the same piece of equipment purchased in the same year, or the entire fleet as a whole. Each Computerized Maintenance Management Software (CMMS) will calculate these values in its own way.

Analysis 98

Analysis Procurement Solutions Supply Chain Design Software North America 98

The Logistics & Supply Chain Management Society

JUNE 30, 2022

As part of LogiSYM Asia Pacific 2022, we had the opportunity to chat with Vittorio Favati, Chief Executive Officer – TVS Supply Chain Solutions GFS. Currently, I am leading the Global Forwarding Solutions (GFS) business of TVS SCS. We managed the supply chain for China’s largest manufacturer with close to US$500m in logistics spend.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Supply Chain Software 130

Arena Solutions

AUGUST 4, 2021

To meet these goals, many organizations rely on enterprise quality management system (QMS) software solutions to get high-quality products to market fast. Engineer and statistician William Deming successfully applied Shewhart’s methods to manufacturing during World War II. What Is a Quality Management System (QMS)?

Supply Chain Design Software 58

Supply Chain Design Software Supply Chain Planning Software Modeling Software Demand Planning Software 58

Logistics Bureau

DECEMBER 3, 2017

SCLA focuses on the practical knowledge necessary to succeed in real-world supply chain management, and therefore is not heavily laced with academic theory, although of course all key concepts, models, and tools are explaine d as part of the program content. Continuous improvement methodologies such as Lean and Six Sigma.

Education 40

Education Purchasing Skills Buyer Training Supply Chain Design Software 40

6 River Systems

FEBRUARY 22, 2019

. “In our company what has worked best is what we call, the magic formula, the software + method…” . Choose software that facilitates the valuation and control of permanent inventories based on inputs or outputs, with automated stock alerts, that is versatile and independent of the type of business. William Crane.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Unleashed

JULY 23, 2023

Key Performance Indicators (KPIs) help manufacturers determine operational strengths and flaws. By tracking the right manufacturing KPIs in your production operations you can accurately monitor performance to ensure the consistent and timely delivery of quality products. In this manufacturing KPIs guide What are KPIs in manufacturing?

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

SCMDOJO

MAY 18, 2023

By integrating project management tools and secure payment systems and bringing on the top Supply Chain expertise onto our platform, we aim to enable businesses to significantly reduce their supply chain costs by 40-70%. These innovative models cater to diverse market needs and leverage cutting-edge technologies to enhance user experiences.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 100

SCMDOJO

FEBRUARY 21, 2024

Nunners’ 4PL experts develop , implement, and manage solutions that streamline your supply chain to make it lean, agile, and demand-driven. Acting as the central orchestrator, a 4PL integrates various elements of the supply chain, including purchasing, transportation, warehousing, and distribution, into a cohesive and efficient system.

Logistics Network Optimization Software 66

Logistics Network Optimization Software Logistics Supply Chain Planning Software Agile and Lean Supply Chain 66

Kinaxis

DECEMBER 3, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. This software then calculates the statistically correct, time phased safety stock levels across multiple levels of the supply chain, providing the optimum inventory in the optimum location.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

synchrono

FEBRUARY 19, 2018

Through this guest blog series, my intent is to share some of my experiences implementing supplier quality and Lean manufacturing initiatives by focusing on eKanban systems. My first post offered advice for planning an eKanban rollout (advice that could be applied across any Lean manufacturing project). Keep the momentum strong.

Manufacturing Procurement 51

Manufacturing Procurement Six Sigma Continuous Improvement Sourcing Strategies 51

Supply Chain Action Blog

FEBRUARY 18, 2021

When different functions of the business such as sales and manufacturing do not have harmonized goals, then inventory efficiency will suffer. Make-to-order businesses have an easier time of this, but, even then, orders can change and often do. Fortunately, there are techniques for doing a good job of this through optimization.

Inventory Management Software 40

Inventory Management Software Inventory Management Inventory Reduction Inventory 40

GlobalTranz

MAY 6, 2015

Kanban Pull systems reduce wasteful complexity in planning and overproduction that can occur with computer-based software programs such as Enterprise Resource Planning (ERP) which creates a Push system with too much wasteful inventory going into the warehouse. Use Pull Systems, Like Kanban. Focus on Total Cost of Fulfillment. Risk Management.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120