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Technology + Human Touch = Digital Supply Chain Excellence

Gravity Supply Chain

Articles Gravity Technology humantouch digital supplychain digitize futureproof flexibility flexible transparency visibility sourcing procurement distribution fulfillment logistics retail manufacturing cost warehouses warehousing carriers lean agile platform data BigData silo silos ecosystem tools speed efficiencyThere’s no need to do the maths; we’ve got the answer for you!

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Procurement Logistics: What Is It & Where Do Logistics Providers Fit In?

Cerasis

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. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics. What Is Procurement Management?

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Warehouse Cost Savings: 5 Key Areas of Focus and 13 Practical Objectives

Cerasis

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. In today's modern society, often, the stop gap in efficient productivity in your warehouse is typically one of two things: bad process & getting caught up in the weeds of tactics. 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings.

Medical Device Manufacturing in 2021 – The 3 Key Challenges

Unleashed

For medical device manufacturers connected to the Covid-19 pandemic response, 2020 has been a year of growth. However more broadly the industry has faced the same challenges as other manufacturing sectors, with a -4.4% Regulations and Medical Device Manufacturing in 2021.

Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

People are still worried about having efficiencies in their warehouses, making sure they’re laid out properly, and having the right processes. A lot of companies now will have regional hubs with just smaller satellite warehouses in each country.

Manufacturing Gains From Machine Learning

IQMS

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Bottom line: Machine learning algorithms, applications, and platforms are helping manufacturers find new business models, fine-tune product quality, and optimize manufacturing operations to the shop floor level. New products are proliferating in manufacturing today, and delivery windows are tightening.

How Food Manufacturing Software Drives Profit [w Case Studies]

Unleashed

Effective inventory management is crucial to reducing costs in any manufacturing business. Cost reductions in food manufacturing can be achieved by using food manufacturing software that improves ordering processes and minimises overstocking of expensive raw ingredients.

Real-time Information Increasingly Important for Manufacturers

QAD

Manufacturers Thrive on Timely Information. While this is an extreme example of timely information access from the financial sector, manufacturers are realizing the need to access timely data in order to rapidly respond to changing business conditions. Is material accurately tracked from the warehouse to the shop floor? Many manufacturers still rely on outdated processes or fail to understand the role supplier integration plays in maximizing global supply chain performance.

Supply Chain Analytics- Towards Intelligent Manufacturing

ThroughPut

Supply Chain Analytics aims at enhancing the manufacturing operational efficiency and overall operational effectiveness by enabling informed data-driven decisions across the factory floor. It provides great value to them by: • Enabling better sourcing decisions based on supplier performance.

How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

LEAN, Supply Chain Optimization, Logistics, Warehouse and Cost Reduction Consultant. Twitter Google+ LinkedIn The post How to Sustain a Lean Culture in Manufacturing & Supply Chain appeared first on Transportation Management Company | Cerasis. Lean Manufacturing Supply Chain lean cultureToday I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement.

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Procurement Challenges Condensed

Claritum

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. To my mind, your challenges depend on where you are in transformational change within your organisation, the scope of your function within Procurement and the nature of the organisation’s supply chain.

Pursuing a Career in Logistics and Supply Chain

Logistics Bureau

Because there is such a wide spectrum of logistics and supply chain jobs available, it is best to categorise them in the following way: planning, manufacture, sourcing, and delivery. Manufacturing. There are plenty of supply chain opportunities in manufacturing. Sourcing.

Manufacturing Quality Issue Turns into a Huge Success Story for Procurement

EC Sourcing Group

If you sell a premium product, manufacturing quality issues can kill your image and your bottom line. Today I will share a fantastic success story from a strategic sourcing consultant who is friend of mine. The manufacturer made several attempts to rectify the issues but were unsuccessful. Here is a brief overview of what they did: They scoured the US, Europe and Asia for suitable bottle manufacturers. Most people in procurement dislike change.

4 Ways To Improve Procurement For Increased Customer Satisfaction

Slimstock

Though it’s often overlooked as an element of customer satisfaction, procurement is an essential component for delivering that satisfaction. Procurement involves buying goods and services that keep an organization operating; it ensures warehouses are well-stocked with the proper supplies at all times. Procurement can be responsible for up to 70 percent of a company’s revenue , so small changes in procurement functions can have a major impact on profitability.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

Manufacturers usually define supply chain costs using the total cost of ownership. Most manufacturers aim at creating the most optimum supply chain for their organizations. Since these internal costs can significantly increase the total cost of supply, manufacturers should have the right method to identify and quantify them to avoid making purchase decisions based on inaccurate or incomplete data. Procurement costs. What is Supply chain costs?

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

Manufacturers usually define supply chain costs using the total cost of ownership. Most manufacturers aim at creating the most optimum supply chain for their organizations. Since these internal costs can significantly increase the total cost of supply, manufacturers should have the right method to identify and quantify them to avoid making purchase decisions based on inaccurate or incomplete data. Procurement costs. What is Supply chain costs?

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

Manufacturers usually define supply chain costs using the total cost of ownership. Most manufacturers aim at creating the most optimum supply chain for their organizations. Since these internal costs can significantly increase the total cost of supply, manufacturers should have the right method to identify and quantify them to avoid making purchase decisions based on inaccurate or incomplete data. Procurement costs. What is Supply chain costs?

Supply Chain Optimization Software – A Comprehensive Guide for Manufacturers

ThroughPut

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It also evaluates the various possibilities such as the best plants to manufacture the required product lines. It involves the application of processes and tools to ensure the optimal operation of a manufacturing and distribution supply chain. to our manufacturing floors.

Supply Chain Optimization Software – A Comprehensive Guide for Manufacturers

ThroughPut

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It also evaluates the various possibilities such as the best plants to manufacture the required product lines. It involves the application of processes and tools to ensure the optimal operation of a manufacturing and distribution supply chain. to our manufacturing floors.

Warehouse Cost Reductions: 3 Understandings Driven By Inventory Management & Lean Principles

Cerasis

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. If you are looking for warehouse cost reductions, chances are you are stocking too much inventory. Understand "Hidden Costs" in the Warehouse Cost Reductions Quest.

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Assessing the True Return of Procurement Transformation on Total Shareholder Return: A Tough Proposition

NC State SCRC

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. Many procurement assessments developed by consultants seek to provide an answer to the question “how far along are you relative to your peers in your procurement transformation journey”, and “which processes are lagging compared to your peers?”

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Lars Syberg : “Taming Tigers’ supply chain is a real challenge”

Supply Chain Movement

I’ve been setting up a simple S&OP process that involves the expansion, procurement, finance and supply chain departments. I’m directly involved with inbound, outbound and warehousing as well as sourcing, most of which is done in the Far East. I need to reduce lead-time, improve forecasting, sourcing and risk assessment and I need to model all these things into a system. 80% of our products are manufactured in China and we have a lead-time of six to eight months.

Logistics Cost Reduction: 6 Focuses to Create More Profit

Cerasis

Ensure that your warehouse operation is safe. Analyze labor reduction for any warehousing operation. There are Labor Management Software systems that can help manage work in the warehouse. Incentive programs for warehousing employees do work. Try warehouse mobility in your four walls. Productivity increases from wearable voice command tools can increase factory warehouse efficiencies up to 30 percent, according to an article in Supply Chain Management Review.

21 logistics experts share the most important ingredients in developing an effective logistics strategy

6 River Systems

If you can use new technology to enhance communication with suppliers, manufacturers and more, you will have a tighter grasp on everything that is happening around your company. He has worked with 300+ clients in manufacturing, IS selection and implementation and project management.

5 Factors Affecting Lead Times for Manufacturers

Unleashed

Lead times refer to the time taken between the initiation of a manufacturing process and its completion. Types of lead times differ based on the product or customer but for the purpose of manufacturing or assembly, the primary four lead times are: Customer lead time Material lead time Production or manufacturing lead time Cumulative lead time. Manufacturers need to understand the factors affecting lead time in order to their optimise processes.

How Machine Learning Is Redefining Supply Chain Management

IQMS

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. Source: Machine Learning – A Giant Leap for Supply Chain Forecasting, Material Handling and Logistics Conference (PDF, 28 pp., Source: Machine Learning & AI in Transport and Logistics, Frank Salliau & Sven Verstrepen Logistics Meets Innovation Vlerick Brussels – Nov.

What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. I worked in Materials Handling, Packaging Engineering, Warehouse Space Planning, Resource Planning, Procurement, Inventory Management and Control, Production Control, Systems Management and other areas. Source: [link] ). Source: [link] ). Subscribe Here!

Ultimate guide to technologies that are transforming supply chains

6 River Systems

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. IoT sensors provide real-time visibility into inventory levels, making it possible to identify sales trends and make more accurate projections to plan for future manufacturing or replenishment. of manufacturing companies in the U.S.

24 supply chain experts & business leaders reveal the #1 challenge of supply chain management (and how to solve it)

6 River Systems

“They have multi-sourced key commodities or strategic components to reduce their reliance on any one supplier, and they had considered inventory strategy to buffer against supply chain disruption.” “I predict we will see a greater adoption of automated tools assisting, rather than replacing, humans in specific roles within our supply chains: warehouse, manufacturing and distribution.” Warehouse Operations

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products. These jobs could involve working in a Warehouse, Distribution Centre, Manufacturing operation, or in an Office environment, or all of the above.

SCM 84

The Effects of a Recall Can Be Minimized With a Connected Supply Chain

DynaSys

The supply chain can be the roadmap to follow to determine the how, the what, the why, the when and the where’s the source of the problem as the supply chain covers the entire cycle of the process from ingredient to finished product. If the supply chain processes are not connected from the beginning to the end of the entire procurement, manufacturing and distribution processes, or “field to fork”, you will have a bumpy road.

What Is Supply Chain ERP?

IQMS

A Supply Chain ERP system orchestrates and optimizes forecasting, pricing, procurement, sourcing, and inbound product quality levels across the many supplier relationships manufacturers have, providing real-time accounting and financial reporting of each transaction. Manufacturers are improving delivery performance, reducing purchasing and materials costs, and minimizing supplier risks by adopting integrated supply chain ERP systems.

Asia 49

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively. John Moss @EnglishBlinds John Moss is the CEO of English Blinds , the manufacturers of bespoke window blinds and shades. Warehouse Operations

The Case for Less Silos, More Intelligence in Supply Chain Management

Talking Logistics

Source: “The Case for Less Silos, More Intelligence in Supply Chain Management,” webcast presentation by Adrian Gonzalez, Adelante SCM. Logistics, Manufacturing, Procurement, Sales and Marketing — these functional groups, for the most part, continue to operate independently from each other, each driven by their own objectives and metrics. Break down your supply chain functional silos. This advice is not new.

SCM 192

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

Supply Chain Game Changer

What if a hurricane destroyed our manufacturing building? Without raw materials, components, subassemblies, products or services a company will not be able to manufacture, distribute, sell and deliver to its customers. A predominant issue is having single, or sole, sourced parts. If there is only one supplier for your materials and the supplier has a problem in manufacturing, quality, allocation, or even financial solvency this can disrupt your supply lines.