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

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Manufacturing Data 98

Resilinc

MARCH 26, 2024

Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators. Regression Models: Predict Purchase Order Delays What are regression models? Watch the video below to learn more about our Purchase Order Delivery Delay Prediction Engine.

Modeling 113

Modeling Supply Chain Risk Management Modeling Software Risk Management 113

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

Buy, use, and toss. Travin Singh (creator behind Crust Brewing) realised that if he could find bakery partners, he basically had access to a cheap local source of beer making raw materials. In my compost example, I save on buying fertilizer (along with all the processing, packaging and transportation associated with it).

Manufacturing Procurement 245

Manufacturing Procurement Material Savings Singapore Waste Reduction 245

Logistics Viewpoints

JULY 27, 2021

What’s more, bots don’t require paychecks, benefits, vacations, training or other workforce overhead. There will still be a workforce needed to maintain those driverless vehicles or costs associated with maintenance done by the manufacturer or a 3rd party. Curiouser and Curiouser. In a word, it’s data. Perhaps you’re overpaying.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 246

Supply Chain Matters

FEBRUARY 12, 2024

Such activism was demonstrated in labor contract negotiations, more aggressive tactics on the part of labor unions, and in actual strike actions. Manufacturing Employment Impacts Across Europe and the United Kingdom , a significant period of production contraction has led to added manufacturing job losses.

Negotiating Skills 59

Negotiating Skills Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 59

Procurement Academy

JUNE 7, 2022

In the 1970s and 80s, savvy organizations began to realize that they could make significant savings by sourcing raw materials and parts from markets such as Taiwan, Singapore, and China. Now, many organizations are looking to reverse this transition and re-shore or near-shore their sourcing and/or manufacturing.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 52

Procurement Academy

JUNE 7, 2022

In the 1970s and 80s, savvy organizations began to realize that they could make significant savings by sourcing raw materials and parts from markets such as Taiwan, Singapore, and China. Now, many organizations are looking to reverse this transition and re-shore or near-shore their sourcing and/or manufacturing.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 52

OptiProERP

JANUARY 17, 2023

Manufacturers need specific functionality to run their businesses effectively. Let’s examine what ERP functionality is critical for discrete manufacturers. Manufacturers rely on their inventory to build their products, so they need to have the correct amounts on hand at all times. Inventory Management. Supply Chain Management.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Manufacturing Negotiating Skills 52

Supply Chain Game Changer

OCTOBER 6, 2022

I am a proponent of dual sourcing. The vulnerabilities with sole sourcing are very real. Historically you could buy a customized vehicle and count the time until it would be delivered precisely as you ordered it. Single points of failure invariably lead to problems and cost more in the long run than dual sourcing solutions.

Supply Chain Design Software 86

Supply Chain Design Software Manufacturing Procurement Modeling Supply Chain Design 86

Supply Chain Shaman

NOVEMBER 11, 2020

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. Note the lack of training on next-generation supply chain thinking in Figure 1. Kinaxis Purchase of Rubikloud.

Supply Chain Design Software 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The Terra Technology investment is one of what we believe will be a series of purchases to build inter-enterprise cloud-based software platforms to redefine supply chain planning.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

FEBRUARY 16, 2024

” I believe that the focus should be improving reliability (Forecast Value Added (FVA), first pass tender and yield, and manufacturing schedule adherence) while decreasing process, demand, and data latency. GenAI is promising as a means to train and help leaders learn. Or mine supplier shifts to build alternate buying plans.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 374

Logistics Bureau

APRIL 20, 2020

COVID-19 and the Future of China Sourcing and Manufacture. But global dependence on Chinese manufacturing is mind-boggling…. But global dependence on Chinese manufacturing is mind-boggling…. Alternative Manufacturing Hubs: Asia’s Promise. Labour lacking skills in high-tech manufacturing.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies China Material Savings 52

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What are its advantages and disadvantages?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

In fact, today several leading halal production standards (like the Indonesian and Malaysian halal standards) are already requiring a segregation between halal and non-halal in transport and storage for halal certified manufacturers. These are first and possibly even second tier customers (e.g.: distributor, retailer) and suppliers (e.g.:

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. Kanban came from the same place as the wider principles of lean manufacturing: Toyota. Each card represents one work item.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

Taulia

JULY 7, 2022

Spend management is the practice of managing supplier relationships and purchasing across an organization to minimize cost and risk. As such, it encompasses numerous procurement-related activities, such as budgeting, sourcing, negotiating supplier discounts, analyzing spend, managing supplier relationships and managing inventory.

Material Savings 52

Material Savings Purchasing Training Manufacturing Procurement Procurement Solutions 52

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 73

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 73

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. This is particularly true in the food manufacturing industry, which characteristically has a high volume of products stored, and an urgent need to fill existing client orders to match ongoing consumer demand.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

USC Consulting Group

MARCH 27, 2023

What’s on the road ahead for consumer goods manufacturing? Here are some trends affecting the consumer goods manufacturing industry today: Consumer Goods Manufacturing Trends Challenges remain on the road ahead, but the ride is getting smoother. It means increased training and outreach from trade schools.

Consumer Goods 40

Consumer Goods Manufacturing Procurement Six Sigma Purchasing Skills 40

TransAudit

NOVEMBER 9, 2022

You may have to make hard decisions about what you source and where you acquire it. Post audit services could help you identify overcharges, negotiate refunds from shipping companies, and save money going forward. That can especially affect trade by truck and train. Manufacturers source materials from around the world.

Negotiating Skills 86

Negotiating Skills Pricing Training Supply Chain Planning Manufacturing Procurement 86

Talking Logistics

OCTOBER 29, 2013

You could answer them with a purchase order (P.O.) You write an RFQ, screen candidates, create a short list, select the provider, and negotiate service requirements and a cost structure. Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. Commit to systems and process training. Sourcing uses P.O.

Pricing Training 146

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 146

GlobalTranz

JANUARY 19, 2015

There’s more involved in successfully reshoring a foreign manufacturing operation back to the U.S. Reshoring is a hot topic in manufacturing. These “Bring Manufacturing Back” initiatives have many moving parts and require careful planning and execution and very skillful project management. than simple cost comparisons.

Manufacturing Procurement 120

Manufacturing Procurement Purchasing Skills Buyer Training Manufacturing 120

Precoro

NOVEMBER 7, 2022

What different products or services does the staff need to purchase in order to produce pizza? Direct procurement , or direct spend , is the purchase of goods and services directly associated with the manufacturing of the company's final product. Typically, direct purchases are made in large quantities to get a bulk discount.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

Locus Robotics

MARCH 9, 2023

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. In some settings, IoT devices can detect defects and notify staff of quality control issues.

Supply Chain Software 52

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

Synovos

JANUARY 24, 2024

MSDUK is doing great work to empower ethnic minority-owned businesses to overcome barriers they face and to give them the networks, training, and skills they need to be successful,” said Costi Campi, Senior Vice President, Global Procurement for RS Integrated Supply. “At RS Integrated Supply we are committed to supporting diverse suppliers.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Purchasing Skills Optimal Sourcing 105

Logility

AUGUST 24, 2023

It enables you to figure out the “what,” the “when,” the “where,” and the “how many” behind all your manufacturing activities: What: Determine the exact product mix you’ll need to produce to satisfy customer demand. Your master production schedule also enables you to understand the constraints across your entire manufacturing network.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 147

Supply Chain Shaman

SEPTEMBER 13, 2023

Or planned orders to purchase orders?) Each of these tests took 3-4 months to analyze the data, train the teams, and test market factors. Go to the source. In one of the case studies, a manufacturer reported that they had 1700 employees with the term “data” in their title, but they lacked insights.

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

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. VR tends to replace the entire image.

Manufacturing Procurement 120

Manufacturing Procurement Predictive Analytics Procurement Analytics Predictive Analytics Software 120

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

DGrade worked with Yas Marina Circuit to identify the most efficient strategy for the collections including placement of bins, recycling display, training facilities management teams, and logistics. DGrade design and manufacture bespoke clothing and accessories for corporate companies and events businesses. Challenges. Conclusion.

Material Savings 246

Material Savings Waste Reduction Resource Reduction Manufacturing Procurement 246

Logistics Viewpoints

MARCH 1, 2021

Dr. Alexandros Skandalakis – the Director Global Manufacturing Capacity, Strategic Assets and Capital Expenditures at Philip Morris Products S.A. This was done at a stock keeping unit level and for the entire manufacturing supply chain. Once the analysis was done for Year One set up, Year Two was pretty much the same.

Modeling 179

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 179

Savi

MAY 28, 2020

(Readers with CAC can learn more about the PDK upgrade process in the April 2020 edition of the AMIS ITV Operations and Training newsletter.). million are the first large-scale purchases of the new Savi PDK III. Contingency Planning & Coronavirus: Overcoming Manufacturing Supply Chain Disruption During a Pandemic.

Supply Chain Planning Software 91

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Purchasing Training 91

QAD

MARCH 31, 2020

It’s a niche industry, but also one of the cornerstones of discrete parts manufacturing. They’re complex machines assembled from thousands of parts, many purchased from highly specialized manufacturers. Our full case study provides details of how the QAD Supplier Portal helped ANCA streamline their purchasing processes.

Manufacturing Procurement 118

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 118

The Logistics & Supply Chain Management Society

JANUARY 13, 2021

Governments have spent considerable time, effort and political capital negotiating such agreements. On the other hand, many companies do not or cannot allocate sufficient, or sufficiently trained, resources, either in-house or external, to allow a proper analysis and evaluation of the options. What might businesses want to consider?

Pricing Training 245

Pricing Training Negotiating Skills Purchasing Training Optimal Sourcing 245

USC Consulting Group

APRIL 21, 2020

At supermarkets, formerly pedestrian purchases like paper towels, toilet paper, canned goods and frozen vegetables have suddenly become hot ticket items. As noted by Forbes , clothing manufacturers began mass producing medical masks and protective clothing. ” Dual sourcing serves as a hedge against supply chain risk. .

Optimal Sourcing 75

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Supply Chain Optimization 75

HICX Solutions

OCTOBER 20, 2020

As a result of these technologies, Procurement will be much less about operational buying, as these activities will become largely automated or self-service, as Nic explains, “Technology is already providing some glimpses today in terms of how these things might be different.”. The transition to a strategic role.

Manufacturing Procurement 59

Manufacturing Procurement Negotiating Skills Supply Chain Software Procurement 59