RFgen

APRIL 30, 2024

The answer lies in modern inventory management best practices. Specifically, the use of perpetual inventory systems. What is a perpetual inventory system? Perpetual inventory management relies on technology to track inventory with timely data and a high degree of accuracy. Wonder no more.

Inventory Management Software 98

Inventory Management Software Inventory Reduction Supply Chain Planning Software Optimization Software 98

Supply Chain Matters

OCTOBER 24, 2024

In a communication to employees the CEO indicated: “ It will take time to return Boeing to its former legacy, but with the right focus and culture, we can be an iconic company and aerospace leader once again. In essence, this is the message of the best deal that can be negotiated.

Negotiating Skills 52

Negotiating Skills Aerospace Manufacturing Procurement Supply Chain Planning 52

Supply Chain Shaman

JUNE 14, 2018

Today, over 90% of companies have deployed ERP and APS, but as shown in Table 1, inventory levels have grown not decreased in over 80% of industries studied. The largest increase is in Aerospace and Defense (A&D). Days of Inventory by Industry Across Years. PFEP optimizes the policies that define how to procure each part.

Optimal Sourcing 173

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 173

Kanban Logistics

MARCH 30, 2023

This applies not only to suppliers and manufacturers, but also to service providers throughout the aerospace supply chain. What are AS9100 Standards in Aerospace Logistics? AS9100 standards were formulated in 1999 by the Society of Automotive Engineers and the European Association of Aerospace Industries.

Aerospace 52

Aerospace Supply Chain Design Software Supply Chain Design Supply Chain Optimization 52

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. The transactional nature of procurement and sales is a barrier to redesigning for higher value. “ I scratch my head.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

SupplyOn

OCTOBER 10, 2019

Liebherr-Aerospace itself was already using AirSupply at the time the decision was made, in cooperation with the customer Airbus. Since its introduction, more than 250 Liebherr-Aerospace suppliers have actively used AirSupply – and this number is continuously growing.

Aerospace 8

Aerospace Supply Chain Planning Software Supply Chain Software Supply and Demand 8

RFgen

JUNE 8, 2023

Key Takeaways: Inventory management software with built-in automation has been found to increase accuracy and profits. There is no one-size-fits-all solution for inventory management software—it’s about the best product for your business objectives and industry. And with the average on-hand inventory quantities up 8.3%

Inventory Management Software 84

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 84

Kanban Logistics

AUGUST 13, 2020

This includes the procurement and delivery of the parts used to build the finished product. Third-party procurement. Right now, your buyers probably spend a good percentage of their time negotiating with, and procuring goods from, makers of boxes, nuts, bolts, and other consumable parts and materials. What is inbound logistics?

3PL 98

3PL Manufacturing Procurement Logistics Network Optimization Software Material Savings 98

RFgen

AUGUST 14, 2017

We’ll also provide questions and strategies to help contractors improve systems and processes for combatting counterfeit electronic parts in the aerospace and defense supply chain. This practice, combined with buying back excess inventory from customers, has introduced counterfeits into the inventories of authorized distributors.”

Aerospace 52

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

AIMMS

DECEMBER 8, 2016

I have a Master’s Degree in Aerospace Engineering from Delft University of Technology but I’ve spend most of my career in operations. Visibility into the Network side of the business was limited to the company’s engineering and procurement department. We limited the amount of cash we needed for inventory by bringing it down by 35%.

Optimal Sourcing 156

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 156

Unleashed

AUGUST 17, 2021

These include inventory management, supply chain operations, procurement, project management, financial management, risk management and compliance. It optimises inventory management, and gives real-time visibility and inventory accuracy. Advantages: ERP centralises information and improves overall operational efficiency.

Inventory Management Software 97

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

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

ThroughPut

JULY 4, 2024

The health of your business is directly proportional to the health of your inventory. Both excess and depleting inventory can negatively impact your revenue. The best inventory management software, powered by these advanced technologies, can not only assist you with daily tasks but also support business-level strategic planning.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

This small island is currently in the middle of political tensions between the US and China and represents 90% of the most sophisticated chips, such as those based on gallium nitride and gallium arsenide, which are used in the defense and aerospace sector. Focus on right-sizing inventories. These are our weakest links.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

AIMMS

DECEMBER 8, 2016

I have a Master’s Degree in Aerospace Engineering from Delft University of Technology but I’ve spend most of my career in operations. Visibility into the Network side of the business was limited to the company’s engineering and procurement department. We limited the amount of cash we needed for inventory by bringing it down by 35%.

Optimal Sourcing 120

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 120

Kinaxis

NOVEMBER 27, 2015

For complex systems (for example in the Aerospace industry), companies value executives who can interface with the engineering function to make sure that suppliers deliver intricate products on spec and on time. As our interviewee and Procurement guru Wael Safwat put it a few months ago , “it’s no longer the organizations that are competing.

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Supply Chain Optimal Sourcing 100

Resilinc

APRIL 30, 2024

Learn more about the most significant extreme weather and climate-related risks procurement professionals should pay attention to in 2024: How Will Climate Change Impact Supply Chains in 2024? So far in 2024, Resilinc has tracked 198 extreme weather events, 65 flood events, 29 hurricane/typhoon events, and 11 tornado events.

Supply Chain Software 108

Supply Chain Software Supply Chain How To Forecasting 108

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Supply Chain Matters

OCTOBER 10, 2024

Preparation involves procurement of long lead time raw materials such as metals, castings, engineered components and other material. That presents challenges for added inventory needs which impacts ongoing working capital expenses without corresponding supplier payments from Boeing.

Negotiating Skills 52

Negotiating Skills Buyer Training Manufacturing Procurement Expense Reduction 52

RFgen

APRIL 20, 2023

OVERVIEW: Overview of Mobile Inventory Solutions What Problems Does Mobile Inventory Solve? With the growing reliance on digital technologies and reliable data, Oracle Fusion Cloud SCM has emerged as a powerful platform, enabling organizations to optimize their inventory control practices.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

Supply Chain Matters

OCTOBER 15, 2024

Without addressing the various conflicting major stakeholder business interests, namely which trading partners control pricing, sourcing and procurement volumes, the process flows are likely to remain rather challenging without external driven reform.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Network Software Pharmaceutical Logistics Network Optimization Software 52

Kanban Logistics

SEPTEMBER 9, 2021

Inventories were up 5.3%. 3PL providers that specialize in manufacturing logistics can help ease the impact of labor shortages, issues with incoming raw material supplies, and space shortages caused by large amounts of inventory tying up space that should be used for manufacturing. Third-party procurement. Kitting services.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics 3PL Logistics Network Optimization Software 52

The Supply Chainer Report

FEBRUARY 5, 2022

2022 most innovative idea is not coming from aerospace, or new drugs discovery. Additionally, Inflation has began to play a critical role for procurement-inbound materials. Focus on Inventory. It’s as simple as that. Availability. Having your product accessible on the shelves and supporting sales. So What’s next?

Innovation 52

Innovation Material Savings Inventory Reduction Cost Reduction Strategies 52

DynaSys

FEBRUARY 3, 2021

For example, suppliers heavily invested in entertainment or travel-related service sectors may have issues, as may aerospace tier suppliers. You also need to assess quickly where the marketplace will be after any run on inventory” according to Pat Bower, Director of Demand Planning at Combe. How to approach the new reality?

Modeling 98

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 98

Freightos

AUGUST 26, 2015

Arabian Aerospace. But within that, it has a very broad scope covering, not just air cargo, but all aviation, aerospace and space news. Online marketing enthusiast and an inventory and supply chain optimization devotee, David covers both ends of the supply chain at his Supply Chain Inventory & Supply Chain Optimization blog.

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

RFgen

AUGUST 5, 2020

Too many companies still rely on manual data collection processes for handling inventory. Tracking inventory in the warehouse, shop floor or out in the field using paper checklists, spreadsheets, data entry into the ERP, or using no system at all, is not effective. Mobile inventory software with additional functionality.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 98

Resilinc

APRIL 1, 2024

Discover the tools procurement pros and resiliency program managers use to take on the most complex supply chains. How many countries does it take to make an iPhone? As companies have focused on making supply chains leaner over the years, supply chains have spread out across the globe in an efficient and cost-effective network.

Supply Chain Software 96

Supply Chain Software Analytics Software Supply Chain Network Software Tools 96

Supply Chain View from the Field

AUGUST 27, 2014

The first part of the class deals with the common elements of strategic supply management, including creating the vision for the organization, organizational roles and structure, and the fundamental elements of the procure-to-pay process. A final presentation reflecting the final outcome of the experience will be made in class.

Negotiating Skills 68

Negotiating Skills Negotiate Pricing Supply Chain Design Software Manufacturing Procurement 68

Kanban Logistics

FEBRUARY 23, 2022

This assembly can take up a lot of time (as well as inventory space and manpower). This expertise comes not only from knowledge and experience, but also the logistics technology investments made to ensure 100% accuracy in inventory and order pulling. What are Custom Kitting Services? You might ask, “what’s the big deal?

3PL 52

3PL Logistics Network Optimization Software Manufacturing Procurement Optimal Sourcing 52

IQMS

OCTOBER 18, 2019

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. New knowledge and insights from machine learning are revolutionizing supply chain management as a result. no opt-in).

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

ThroughPut

MAY 16, 2024

Powered by data analytics and advanced technologies, every stage of the supply chain can be critically analyzed, starting from procurement to distribution to identify and prioritize improvement opportunities. This opens up avenues to save procurement, transportation, inventory, and warehousing costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

E2open

NOVEMBER 30, 2017

Of course, demand sensing can also use customer data, such as point of sale, store inventory or warehouse withdrawals. So while everything might look good for the C-levels, the sub-50% accuracy for supply chain decisions results in excess or insufficient inventory, impacting return on capital, eroding margins and putting service at risk.

Supply and Demand 60

Supply and Demand Demand Planning Software Modeling Forecasting 60

ThroughPut

FEBRUARY 14, 2024

Supply chain operations generate oceans of diverse data about customer preferences, trends, order changes, production operations, inventory levels, and logistics routes and costs. Let’s take the example of an Aerospace sensor company. Why is Decision Intelligence Important in the Supply Chain?

Optimal Sourcing 59

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 59

Supply Chain Matters

MAY 4, 2023

West reiterated that the aerospace provider expects delivery of between 400 and 450 737 family aircraft in 2023. Boeing reportedly ended Q1 with approximately 225 737 MAX aircraft in inventory status. An Industry Specific Challenge Indications are that Boeing is not alone in addressing first-half aircraft delivery challenges.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Aerospace 52

Exiger Perspectives

JULY 19, 2024

Unlocking the Potential of Supply Chain Digital Twins July 19, 2024 Article Table of Contents With the rising number of global regulations , sustainability demands and market fluctuations, the need to predict supply chain disruptions, mitigate risks and enhance procurement processes has never been greater.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Material Savings 52

Supply Chain Matters

MARCH 10, 2022

The Supply Chain Matters blog highlighted reported candid remarks from the CEO of aerospace manufacturer Airbus regarding the challenges of revised production and aircraft delivery plans on the company’s global supply network partners. Airbus Tackles The Challenges Of Renewed Production And Aircraft Delivery Plans. October 8, 2021.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement 52

ThroughPut

MARCH 23, 2020

The stores know that pattern and adopt procurement strategies to satisfy that need with some safety stock in mind due to occasional new customers popping-in or other predictable variability of the consumption process. But the consumption rate of those standard goods (inventory) presumably stays more-of-less the same.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59