OptiProERP

SEPTEMBER 22, 2022

Saving on operational costs is one of the biggest goals for manufacturing companies. Most manufacturers look to streamline systems, reduce production costs, and increase profitability without sacrificing product quality. Understanding the Manufacturing Cost. How Can You Reduce Manufacturing Costs?

Cost Reduction Strategies 52

Cost Reduction Strategies Waste Reduction Expense Reduction Vendor Strategies 52

Unleashed

APRIL 18, 2024

The manufacturing industry thrives on efficiency gains. Any opportunity to minimise waste and reduce your business costs means greater revenue, higher profits, and happier customers. Just-in-time (JIT) manufacturing is a production management approach that helps you lift efficiency and streamline your operational processes.

Just-in-Time 52

Just-in-Time Manufacturing Procurement Waste Reduction Inventory Reduction 52

DELMIA Quintiq

MAY 4, 2021

It is an amazing mix of rapidly evolving supply chains, constrained resources, product innovation and global and startup companies competing for market-share. Given the complexity, manufacturing systems of the past do not provide an effective means to support the production requirements demanded.

Resource Reduction 296

Resource Reduction Manufacturing Cost Reduction Strategies Supply Chain Design Software 296

ThroughPut

DECEMBER 22, 2023

If so, you can’t overlook the critical question of how to eliminate bottlenecks in manufacturing. In the world of manufacturing, bottlenecks are like those sneaky expenses that quietly chip away at your profits. Manufacturing and operations bottlenecks are more than just a financial headache.

Resource Reduction 52

Resource Reduction Expense Reduction Cost Reduction Strategies Inventory Reduction 52

Logility

MAY 3, 2021

While sales and operations planning (S&OP) is critical to the creation of an overall business strategy to maintain a competitive edge, sales and operations execution (S&OE), along with a process to support it, should also be a top priority for your organization. S&OP Defined. This keeps operational costs optimized.

Inventory Reduction 246

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 246

DELMIA Quintiq

FEBRUARY 14, 2022

The past year and a half saw manufacturers face unprecedented challenges resulting from global disruptions, to which they responded by repurposing or developing new product lines, reconfiguring their plants and restructuring their supply chains in order to meet changing demands and keep afloat amidst uncertainty.

Modeling 404

Modeling Manufacturing Material Savings Modeling Software 404

Enterra Insights

JUNE 6, 2023

Supply Chain Planning and Digital Twins Chap Achen , Vice President of Product Strategy & Operations at Nextuple, explains, “A digital twin allows a business decision-maker to test and validate a complete set of strategies and objectives across teams and make smart decisions that improve the customer experience and maximize profitability.”[1]

Resource Reduction 130

Resource Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 130

SCMDOJO

DECEMBER 14, 2023

Production Lead Time: Encompassing manufacturing, quality control, assembly, and related processes. Production Lead Time: Beyond reducing carrying costs and inventory levels, an optimized production lead time empowers businesses to respond quickly to changes in market demand. Cost Savings: Reduction in inventory holding costs.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

Logistics Viewpoints

AUGUST 24, 2022

I was also able to interview Brent after his session to get a little more insight on how Qualcomm dealt with the Covid-19 pandemic, what it means for the semiconductor chip shortage, and where the company is going with its digital transformation strategy. Qualcomm turned to more automation in its semiconductor manufacturing.

Sourcing Strategies 206

Sourcing Strategies Material Savings Resource Reduction Manufacturing Procurement 206

DELMIA Quintiq

NOVEMBER 17, 2020

New technologies revolutionizing transportation are creating tremendous opportunities but also unprecedented challenges for tire manufacturers. Supply chain optimization is essential to achieve this and can help tire manufacturing companies deliver significant reductions in supply chain costs and improvements in service levels.

Optimal Sourcing 296

Optimal Sourcing Manufacturing Procurement Supply Chain Optimization Supply Chain Planning Software 296

DELMIA Quintiq

JUNE 16, 2021

Resilient Manufacturing Blog Series, Part 1. This is where a Manufacturing Operations Management (MOM) solution comes into play. What Is Manufacturing Operations Management (MOM)? This includes manufacturing production, quality, warehousing, the workforce and maintenance.

Resource Reduction 156

Resource Reduction Cost Reduction Strategies Material Savings Supply Chain Design Software 156

DELMIA Quintiq

DECEMBER 9, 2020

Climate change continues to accelerate and the negative impact on natural resources continues. Trane Technologies faces these unprecedented global challenges with a bold strategy and a commitment to building a healthier planet and a sustainable world. Our world is dealing with unprecedented challenges. combined. Focus on KPIs.

Waste Reduction 317

Waste Reduction Cost Reduction Strategies Supply Chain Design Software Resource Reduction 317

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Pivot Toward Internal Manufacturing Presence.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

ModusLink Corporation

APRIL 22, 2024

Introduction: In today’s interconnected world, businesses are seeking agile and cost-effective strategies to meet the demands of an ever-evolving market. Consider the unique requirements of your manufacturing process. Comprehensive Kitting Services: Tailored kitting solutions to meet the unique needs of electronics manufacturers.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. GlobalTranz works with manufacturing shippers every day to move their goods and streamline their logistics strategies. 5 Challenges Facing Supply Chain Managers in Manufacturing.

Logistics Network Optimization Software 247

Logistics Network Optimization Software Supply Chain Planning Software Inventory Management Software Inventory Reduction 247

DELMIA Quintiq

MAY 18, 2023

In the fast-paced world of high-tech manufacturing, staying ahead of the curve is crucial for success. The DELMIA Virtual Twin Experience empowers manufacturers to simulate, test, and refine their products in a virtual environment before physically producing them.

Supply Chain Design Software 156

Supply Chain Design Software Optimization Software Supply Chain Planning Software Predictive Analytics Software 156

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Unleashed

DECEMBER 21, 2023

Keep reading to uncover the risks and challenges of inventory management , learn about the types of solutions available, and discover some of the most effective inventory management strategies in modern business. According to Zebra’s Retail Vision Study , reducing stock-outs and overstocks can lower inventory costs by 10%.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

QAD

AUGUST 6, 2019

Manufacturers’ strategies don’t always deliver hoped-for results. In this article, we’ll consider the first of two simple steps to reduce risk and improve the chances of a successful manufacturing strategy. Developing a Manufacturing Strategy. Manufacturers are no different from other organizations.

Expense Reduction 99

Expense Reduction Resource Reduction Supply Chain Strategy Strategy 99

Supply Chain Game Changer

NOVEMBER 14, 2018

Certainly we should all reduce, reuse and recycle and it applies everywhere! As such we have the direct or indirect ability to take actions which can promote environmental sustainability, reduce carbon footprint impacts, and drive the creation of the Green Supply Chain. Supply Chain Carbon Footprint Reduction.

Waste Reduction 59

Waste Reduction Material Savings Resource Reduction Cost Reduction Strategies 59

Unleashed

OCTOBER 31, 2023

The objective of workforce optimisation is to reduce operational costs by boosting productivity and employee output. It’s an essential process for achieving maximum success in manufacturing. The primary goal of workforce optimisation strategies is to reduce operational costs. What are the goals of workforce optimisation?

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

SCMDOJO

AUGUST 4, 2023

If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business. But when should you consider reducing inventory? The same applies to inventory reduction.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

ThroughPut

DECEMBER 14, 2023

No matter how well things run, seamless operations in manufacturing is a distant dream for many. These challenges or what we call “bottlenecks” in manufacturing, acting as critical pinch points in production, can introduce inefficiencies and inflate operational costs, leading to delays and reduced customer satisfaction.

Resource Reduction 52

Resource Reduction Cost Reduction Strategies Manufacturing Price Mitigation Strategies 52

OptiProERP

NOVEMBER 14, 2023

In an era where environmental concerns are taking center stage, sustainability has emerged as a critical driver of success for manufacturers, big and small. Governments, consumers, and stakeholders increasingly prioritize sustainable practices, urging manufacturers to reevaluate their operations.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

ThroughPut

DECEMBER 4, 2022

This ensures enhanced stock availability and reduction of lost sales. Adopt these 5 Data-driven demand forecasting and replenishment planning Strategies for end-to-end supply chain efficiencies. These replenishment planning strategies can help in the long term-. Reduced run-hours powered with replenishment and fulfillment.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

Logistics Viewpoints

AUGUST 16, 2023

It’s good to see these companies recognizing the impact of climate change, and changing their policies, sourcing, and manufacturing practices to reduce emissions. Clearing land and cutting down forests can also release carbon dioxide. For example, the Inflation Reduction Act (IRA) was signed into law a year ago this week.

Resource Reduction 205

Resource Reduction Supply Chain Strategy Manufacturing Procurement Supply Chain 205

Logility

APRIL 20, 2022

With access to digital data across your enterprise ecosystem and your multi-enterprise partners’ system, you can measure variability in demand, lead time, production capacity, throughput performance, resource availability, and transportation schedules with planning algorithms. Developing Diverse, Resilient Sourcing Strateg ies.

Sourcing Strategies 130

Sourcing Strategies Material Savings Vendor Strategies Inventory Reduction 130

QAD

JUNE 29, 2023

Here are five key strategies for designing quality from the start, along with the tools, steps and environment needed to make it happen. This means involving stakeholders from across the company, including engineering, manufacturing, procurement, quality, maintainability, serviceability and sustainability, plus key suppliers.

Price Reduction 94

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 94

QAD

JULY 28, 2020

Establishing a Digital Transformation Strategy. There are a lot of terms and technologies out there when considering digital transformation, so establishing a true-to-fit digital transformation strategy can seem challenging, even overwhelming. It’s important to remember, too, that no two digital transformation strategies are the same.

Material Savings 95

Material Savings Resource Reduction Inventory Reduction Cost Reduction Strategies 95

RFgen

MAY 10, 2023

Greater efficiency helps reduce costs and improve profit margins, giving you the edge over competitors. But how do you reduce inventory costs and maximize profit margins? Let’s explore some proven strategies to help you turn ballooning overhead costs into greater profit and ROI. Often, you will find room for improvement.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Reduction Vendor Strategies 52

Oracle SCM

JULY 12, 2017

Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. They prioritized projects that reduced inventory and logistics expenses. What are the strategies that helped the best survive? FREE EBOOK.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Arena Solutions

MARCH 21, 2023

The plot revolves around an investigative murder against a backdrop of the devastation caused by the greenhouse effect—pollution, food shortages, depleted resources, poverty, and overpopulation—not much different from the issues we’re facing today. Several parts of the world saw a reduction in water pollution.

Manufacturing Procurement 80

Manufacturing Procurement Waste Reduction Resource Reduction Material Savings 80

ThroughPut

OCTOBER 22, 2021

However, most of the variability generated by these factors can be eliminated by addressing supply, management, and demand at regular intervals, through focused solutions. When demands for goods escalate, insufficient resources for procuring components can lead to unmet consumer demand. Demand-driven Variability. Time Buffer.

Inventory Reduction 52

Inventory Reduction Expense Reduction Resource Reduction Cost Reduction Strategies 52

QAD

FEBRUARY 25, 2020

While consumer products manufacturers previously led the way for sustainable manufacturing practices, a growing number of manufacturers in other sectors are treating sustainability as an important operational objective to increase global competitiveness. The Sustainability Movement in Business and Manufacturing.

Waste Reduction 145

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 145

Elementum

JANUARY 16, 2024

SAP defines process automation as the use of software and technologies to accomplish organizational goals while simultaneously reducing human inputs, bottlenecks, and errors. This digital transformation is compelling organizations to reevaluate their existing processes and identify opportunities to eliminate inefficiencies.

Supply Chain Software 78

Supply Chain Software Cost Reduction Strategies Resource Reduction Inventory Reduction 78

LevaData

SEPTEMBER 8, 2021

For those in discrete manufacturing, one of the most widely accepted truths is that continued cost reductions are vital for both success and survival. Organizations continue to push their supply management teams to find new, innovative ways to reduce costs and protect profits. Debunking the “Limited Cost Reductions” Myth.

Cost Reduction Strategies 62

Cost Reduction Strategies Price Reduction Resource Reduction Negotiating Skills 62