Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. Companies struggle to have the right inventories. The end result?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 195

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. Companies struggle to have the right inventories. The end result?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 195

QAD

MARCH 30, 2023

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. They don’t have an internal power source, so range and data storage is sacrificed to gain cost efficiency and lifespan. What is RFID Technology?

Manufacturing Procurement 98

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 98

Kinaxis

JUNE 20, 2016

The source of all knowledge, Wikipedia, describes the Internet of things as : “…the network of physical objects—devices, vehicles, buildings and other items—embedded with electronics, software, sensors, and network connectivity that enables these objects to collect and exchange data”. So what is the Internet of things?

Internet of things 188

Internet of things Supply Chain Planning Software Supply Chain Software Supply Chain Planning 188

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. 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.

Optimal Sourcing 172

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 172

The Logistics & Supply Chain Management Society

NOVEMBER 23, 2020

Crisis Response – At the outset of the crisis, it’s easier to visualise a horizontal and linear supply chain with the 4 flows disrupted and adversely affecting the Core Supply Chain Functions, of Planning, Sourcing, Production, Distribution, last mile Deliveries and returns management or reverse logistics. Diversification.

Supply Chain Disruption 41

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Supply Chain Planning 41

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022. Source: 2021 FUTURE ENTERPRISE RESILIENCY & SPENDING- Wave 9, September 2021.

Predictive Analytics Software 246

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

The Logistics & Supply Chain Management Society

JULY 22, 2020

But companies will have to go beyond the usual inventory optimisation. . Sourcing strategies will focus on risk-free, nearshoring supply base with long term partnership with TCO-competitive suppliers, who value sustainability. . Lastly, distribution networks will have to be shortened, products portfolio rationalised.

Supply Chain Software 147

Supply Chain Software Modeling Pharmaceutical Agile and Lean Supply Chain 147

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. Based on its findings, the SASC formed eight conclusions, including: Most counterfeit electronic parts in the defense supply chain are sourced from China.

Aerospace 52

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

Logility

FEBRUARY 23, 2016

The aerospace industry was an early adopter of Failure Mode and Effects Analysis (FMEA) which, as the name implies, involves reviewing as many components, assemblies, and subsystems as possible to identify failure modes and their causes and effects. I became very familiar with risk management early in my professional career.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Strategy Supply Chain Planning 100

Kinaxis

JUNE 22, 2016

But it’s gained new prominence with some engineering advances, as well as the imprimatur of Musk, who’s gained tons of press for successfully disrupting the online payment, aerospace , and automotive industries. The Hyperloop project is also seeing substantial private sector investment.

Supply Chain Software 165

Supply Chain Software Predictive Analytics Software Supply Chain Technology Analytics Software 165

Supply Chain Shaman

JULY 25, 2016

The source data for the analysis is public reporting of balance sheets and income statements. We find the patters and the intersection of inventory turns and operating margin and growth and Return on Invested Capital (ROIC) to be insightful.). Figure 1: Supply Chains to Admire Methodology. The Results.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210

Supply Chain Opz

JUNE 1, 2014

Aerospace Industry is characterized by high material costs (about 65-80%). There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Supply Chain Matters

OCTOBER 18, 2024

Other industries such as food products, aerospace and defense and other regulated industries will by our lens, garner added insight as to how an interconnected electronic based B2B network can achieve item-level visibility, product and process authenticity. That especially applies to aircraft engines.

Pharmaceutical 59

Pharmaceutical Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 59

Silvon Software

APRIL 19, 2022

To generate true, actionable insights, it is crucial to deploy KPI metrics together with a single source of truth to produce actionable insights that can drive performance results. There must be a clearly defined data source with a standardized process for collecting and measuring that data.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

NC State SCRC

APRIL 3, 2019

Our third contract research paper is by James Wilkinson, focusing on aerospace contracts which typically entail a great deal of risk (as illustrated by the Boeing 737 MAX incident…). The type of contract of interest in this report is for Development and Manufacture contracts in the Aerospace and Defense industries. Description.

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

Unleashed

AUGUST 17, 2021

Source: g2.com These include inventory management, supply chain operations, procurement, project management, financial management, risk management and compliance. These include inventory management, supply chain operations, procurement, project management, financial management, risk management and compliance.

Inventory Management Software 97

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

Unleashed

MAY 26, 2021

The deposit is then cured by a heat source or ultraviolet light to form a 3D object. Inventory stock reduction. AM can reduce inventory, eliminating the need to hold surplus inventory stock and associated carrying costs. Read more: Manufacturers, Clear Out Your Excess Inventory! Material jetting. Legacy parts.

Manufacturing Procurement 98

Manufacturing Procurement Material Savings Waste Reduction Supply Chain Design Software 98

Logistics Viewpoints

AUGUST 14, 2023

Companies who have experienced these delays often add inventory across their network to buffer the risk. Finally, in making sourcing decisions, global trade compliance needs to be part of companies strategic sourcing programs. The other industry specific solution is Oracle’s solution for aerospace & defense.

Global 178

Global Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 178

Arena Solutions

APRIL 4, 2023

The engineering/manufacturing sector has a captivating attraction as a lucrative field for starting a career, thanks to technological developments and the exciting possibilities of working in industries like medical devices, electric vehicles (EV), aerospace and defense, consumer electronics, and biotechnology on cutting-edge products.

Manufacturing Procurement 98

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 98

GlobalTranz

OCTOBER 9, 2015

One of the biggest challenges facing automotive, aerospace and defense manufacturers is the limited shapes a part can be cut, molded or welded in. To gain and sustain competitive advantage, the principles of lean manufacturing, just in time and inventory control are simply not enough. Source CIO.com.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Alloy 120

Supply Chain Insights

JULY 26, 2016

The source data for the analysis is public reporting of balance sheets and income statements. We find the patters and the intersection of inventory turns and operating margin and growth and Return on Invested Capital (ROIC) to be insightful.). Supply Chains to Admire Methodology. The Results. Twenty-one companies meet this criterion.

Pharmaceutical 110

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 110

Freightos

AUGUST 26, 2015

So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. is one of the industry’s most respected logistics sources. Arabian Aerospace. Sourcing Innovation. This was the result. wsjlogistics.

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

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 57

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 57

Kinaxis

NOVEMBER 27, 2015

First of all, the world is becoming more global, and the ability to manage a diversity of manufacturers and suppliers is a source of competitive advantage. Why is this? 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

BlueYonder

SEPTEMBER 19, 2023

Other industries, like aerospace, have experienced similar flashpoints, which created enormous benefits. The WMS allows logistics teams to see the status of orders, inventory, labor, robotics, physical assets, trailers…the list goes on. As this World Economic Forum article points out, it took 2.4

Logistics Network Optimization Software 109

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Supply Chain Network Software 109

Kinaxis

NOVEMBER 18, 2015

An article in my local paper, the Atlanta Journal-Constitution , had this interesting quote, “From aerospace to health care to consumer products to toys to medical devices, furniture … what I think you’re going to see is an explosion of use.”. Printers can be a vast source of digital information based on the memory they possess.

Supply Chain Design Software 120

Supply Chain Design Software Pharmaceutical Supply Chain Design Modeling 120

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

DynaSys

FEBRUARY 3, 2021

Understand their sources of income. 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.

Modeling 98

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 98

synchrono

NOVEMBER 20, 2017

For example, we helped Orbital ATK, an aerospace manufacturer of custom composite parts, connect over 100 individual data sources to collect data from more than 61,000 tags. We worked with them to consolidate the data into a single screen view that showed real-time, aggregated replenishment, inventory, and order status information.

Supply and Demand 153

Supply and Demand Demand Planning Software Gartner Manufacturing Procurement 153

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 View from the Field

AUGUST 27, 2014

Students will learn core processes around initial exploration and assessment of supply chain relationships, establishing metrics/expectations for the relationship, crafting and managing contracts, and sustaining continuous performance improvement in sourcing, logistics and operations.

Negotiating Skills 68

Negotiating Skills Negotiate Pricing Supply Chain Design Software Manufacturing Procurement 68

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. Source: Machine Learning – A Giant Leap for Supply Chain Forecasting, Material Handling and Logistics Conference (PDF, 28 pp.,

Supply Chain Planning Software 73

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

Supply Chain Movement

AUGUST 28, 2015

The technology is proving indispensable in research and prototyping, and for creating unique and obsolete parts—in particular for the automotive and aerospace industries. For industries where storage for parts inventory is limited, this is welcome news. By Antony Bourne, global manufacturing industry director at IFS.

Manufacturing Procurement 60

Manufacturing Procurement Supply Chain Planning Software Forecasting Software Demand Planning Software 60

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 86

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 86

Kanban Logistics

APRIL 17, 2023

The biggest benefit of a just-in-time delivery system is that the manufacturer’s need for on-hand inventory is greatly reduced – freeing up more space for core operations. JIT as part of a 3PL manufacturing logistics operation So, if the inventory is no longer with the manufacturer, where does it go?

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Material Savings 52

GlobalTranz

MAY 20, 2015

Even in industries such as automotive, aerospace, and defense, this metric plays a crucial role. New products are often introduced in the market and are a source of competitive advantage in industries such as automotive and consumer electronics. Percentage of products in compliance.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120