Material Savings Related Topics 
Unleashed
OCTOBER 6, 2021
So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that that are each proven to reduce a company’s costs.?
IT Supply Chain
DECEMBER 28, 2022
The post 10 Latest Digital Marketing Strategies for Construction Material Suppliers appeared first on IT Supply Chain. By John Hampton (pictured). Content Writer. Industry Talk
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The Logistics & Supply Chain Management Society
AUGUST 19, 2022
Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions.
Supply Chain Shaman
SEPTEMBER 23, 2016
As fall becomes winter, supply chain leaders are planning their budgets and building strategies for 2017. With this in mind, in this blog, I make an argument that we, as supply chain leaders, have screwed up direct material procurement. Direct procurement ties directly to manufacturing conversion processes through a bill of material while indirect procurement is not an input to the manufacturing processes. This is not the case with the purchase of direct materials.
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This playbook offers manufacturers a realistic and viable guide to balancing immediate needs with future-focused strategy.
Supply Chain Game Changer
SEPTEMBER 7, 2022
However, part of this is to manage and optimize material handling. Material handling can affect the company’s operation, from forecasting, production, and after-sales to support. In this article, we’ll outline tips for optimizing material handling throughout the supply chain.
Supply Chain Game Changer
AUGUST 11, 2022
If you’re an eCommerce seller or manufacturer, you need to know BOMs (bill of materials). How do you create a bill of materials? What Is A Bill Of Materials? A bill of materials lists the materials and processes required to create a product. Other materials.
Supply Chain Brain
MARCH 16, 2023
The overwhelming priority for executives in 2023 was to reduce supply risk for materials. So how do they get there
Unleashed
JANUARY 25, 2023
In these tricky times, smart cash flow management strategies are essential to bring down costs (or push profits) in controllable areas, offsetting international instability. This is achieved through the implementation and continued improvement of cash flow management strategies.
Supply Chain Game Changer
JUNE 1, 2022
Mono-material can be described as a product only made from one resin type. Packaging using this option is rapidly gaining popularity when compared to multi-material packaging. Material is aesthetically pleasing. Reduction is resources and energy consumption during manufacturing.
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Bringing data-driven intelligence to supply chain increases revenue, reduces costs, and improves the overall performance of any business, especially manufacturing companies where supply chain is the bloodline of their business. Read more!
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DELMIA Quintiq
MAY 11, 2022
Steel is a very versatile material as its composition and internal structure can be adjusted to tailor its properties. There is another important aspect of this material: recyclability. Steel is one of the most recycled material in the world.
Unleashed
APRIL 27, 2022
With material costs rising and the drive towards sustainable practices in full swing, the circular supply chain has become an attractive way for manufacturers and sellers to manage their supply chains in a more environmentally friendly way – and save costs in the long term.
ToolsGroup
APRIL 1, 2022
Raw Material Shortages Are Affecting a Challenged Supply Chain. How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Learn more on how to overcome today’s supply chain challenges by securing the free guide, 8 Winning Strategies to Combat Supply Shortages.
Talking Logistics
JANUARY 30, 2019
What Makes the Construction Materials Supply Chain Unique? While we are all familiar with the homes we live in and the roads we drive on, we probably don’t think much about the materials they are made of and how they get to (and are used at) construction sites. Therefore, I began our discussion by asking Steve to tell us about the construction materials supply chain and how it is similar to or different from other supply chains.
RFgen
FEBRUARY 15, 2023
Strategy is a critical aspect of supply chain management. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected.
Unleashed
MARCH 22, 2023
That said, there are a few life cycle extension strategies that, when implemented, can help bring new life and demand to an old product. That may mean an increase in advertising, price reductions, packaging redesign, or expansion into new markets.
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. All of these elements of the Supply Chain will drive the consumption of energy, natural resources, raw materials and the creation of waste. Supply Chain Carbon Footprint Reduction. Reduce energy usage.
Talking Logistics
OCTOBER 27, 2016
The USA says it intends to reduce emissions by 26-28 percent below its 2005 level by 2025 , trying hard for the upper limit. Outside of the Paris Agreement, the European Union (EU) has a goal of reducing greenhouse gas emissions from transport by around 60 percent below 1990 levels by 2050. Cost reductions sometimes go hand-in-hand with GHG reductions, but some measures could increase transport costs.
Requis
MARCH 1, 2023
With a click of a button, operators can map, share and access their peers’ material and equipment inventory globally in a central and collaborative “digital warehouse.” The post Requis Visibility Software Optimizes Materials Management appeared first on Requis.
Unleashed
AUGUST 5, 2021
Material Requirements Planning software can be a good solution for modern manufacturers. Material Requirements Planning is a software-based practice for manufacturers that helps them juggle the different elements of the manufacturing process in order to improve efficiency and reduce costs.
ThroughPut
OCTOBER 13, 2021
Dating back to 5600 BC, cement has become an indispensable building material, with its consumption only second to that of water. Since cement is a key construction material, this proposal is going to create widespread demand for cement.
Talking Logistics
JUNE 21, 2018
Virtually all industries today are undergoing digital transformation, but the opportunities for cost savings, as well as productivity and service improvements, are arguably greatest in the Heavy Building Materials (HBM) industry because of all of their current manual and paper-based processes. The heavy building materials (HBM) industry is a lot different, and has different challenges, than traditional manufacturing or retail.
Hybrent
JULY 26, 2018
Materials management information systems help improve business operations. The potential to improve efficiency and eliminating the disruption of product availability is explored with materials management information systems. PurchasingProcurement Processes Materials Management Supply Chain solution savings purchase services MMIS Hybrent Tracking Orders Efficiency Automation supply chain software
Logistics Bureau
MAY 31, 2016
When customers step up pressure on prices and when economic growth flattens or dips, a supply manager’s mind turns to cost reduction. Or rather, it turns even more to cost reduction, as squeezing out savings that then show up directly on the bottom line is a goal that never goes away. Some of the dollars to be recovered may come from immediate actions, such as reducing inventory. Low-Hanging Fruit as the First Savings. Multiplying discounts.
CHAINalytics
MAY 4, 2022
Visibility into the supply chain was the chief priority … The post Forestry Materials Concern Optimises Inventory, Improving Service Levels and Recovering Capital appeared first on Chainalytics.
ShipBob
DECEMBER 28, 2022
Looking for new ingredients, materials, or products for your business? Before you leap into the sourcing process, it’s important to have a strategy in place. Strategic sourcing is a unique purchasing method that aligns your sourcing strategy with your business goals.
Talking Logistics
SEPTEMBER 5, 2018
One area that many companies overlook for potential benefits is material handling and fleet management. That’s one of the key questions I addressed with Jeff Burns, President of Kenco Material Handling Solutions , in a recent episode of Talking Logistics. That includes all material handling equipment within a warehouse, distribution center or manufacturing site, such as forklifts, personnel carriers, yard spotters, sweepers, and booms. Material Handling Challenges.
SYSPRO Smarter ERP
AUGUST 1, 2022
However, effectively dealing with these challenges and optimizing a manufacturing business’ processes is challenging without adopting and implementing a Bill of Materials (BOM) to accompany an organization’s ERP system. What is a Bill of Materials?
Logistics Viewpoints
JULY 12, 2022
This practice is typically owned by the sales and/or marketing organization, which is why it is so important for transportation and logistics departments to have input into customer service strategies. These strategies, however, need sales and marketing consent to implement.
Logistics Viewpoints
JULY 7, 2022
Oracle’s recent global survey, No Planet B: How Can Businesses and Technology Help Save the World? Reduce waste and lower your costs by monitoring the condition of goods in transit to reduce spoilage. The post There is No Planet B: Can Supply Chains Save the World?
Supply Chain Shaman
AUGUST 14, 2016
The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. I asked the group to think of demand-driven concepts as the enabler of customer-centric strategies. An example is the understanding of the shopper across the moments of truth in omnichannel strategies. It was an early morning.
Unleashed
MARCH 23, 2021
Chances are, especially in this strange new economy, life is going to get fairly complicated as you need to adjust the supply of materials to meet changing demand , as well as account for all the other little details that come along with purchasing and utilising materials.
Supply Chain Game Changer
SEPTEMBER 18, 2022
There are a lot of people that are looking to buy discounted pallets. Buying a discounted pallet can be an expensive mistake. The following article will share 9 tips that will help you be more successful with your discounted pallets. Subscribe Here! Email Address.
Talking Logistics
APRIL 25, 2019
As online sales become increasingly popular, the growth of e-commerce has impacted every part of the supply chain, and material handling equipment (MHE) and fleet services are no different. There is a desire to reduce the amount of traditional equipment and incorporate more automated, less labor-intensive types of models. The post Three Ways Material Handling Equipment Is Changing with Rise of E-Commerce appeared first on Talking Logistics with Adrian Gonzalez.
GlobalTranz
AUGUST 24, 2015
However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). A reverse logistics strategy provides a path for removing the existing equipment to make way for the next era of equipment in the case of end of life products or new upgrdes. In a sense, reverse logistics could be considered the “greenest” part of any business logistics strategy. Reduced Risks to the Business.
OptiProERP
MAY 1, 2019
Manufacturing companies convert raw materials into a form that is of more value and use for the consumer. Developed in the 60s and 70s, material requirements planning (MRP) offered an important breakthrough for shop floor managers. What is Material Requirements Planning (MRP) Software? Material requirements planning (MRP) software plans for the production and purchase of the components used. The primary benefits of MRP software are: Inventory reduction.
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