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

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

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

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

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 56

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 56

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

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

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

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 173

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

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

ThroughPut

MAY 22, 2024

Following this, data sources are identified and shared, and success metrics and business outcomes are defined so that everyone works toward the same goals. Parameters such as supplier performance, demand forecasts and inventory turnover are analyzed to ensure a responsive supply chain. can provide tangible indicators of success.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Inventory Reduction 52

Unleashed

JUNE 28, 2024

For example, we determined that the best ERP for manufacturing should offer functionality around real-time data analytics, inventory management, process automation, supply chain planning, and production scheduling. Real-time data access: Delays in accessing up-to-date information can hinder decision-making.

Manufacturing Procurement 52

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

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

Kinaxis

OCTOBER 2, 2014

Customers include the aerospace, surface mining, oil and gas and machine-tool industries. The challenge is becoming even more daunting as Kennametal moves into the developing world, its most promising source of new business. This global manufacturer of surface-cutting tools, with headquarters in western Pennsylvania.

Demand Planning Software 177

Demand Planning Software Supply Chain Planning Software Inventory Management Software Supply and Demand 177

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

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

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

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

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 190

Global Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 190

NC State SCRC

FEBRUARY 27, 2023

The goal should be to maintain domestic sources where doing so makes sense in terms of national security and to create a global network of trusted suppliers willing to become part of the blockchain / visibility network” (p.78,

Modeling 52

Modeling Scenario Planning Supply Chain Planning Software Supply Chain Network Software 52

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 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

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

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

The Network Effect

AUGUST 25, 2014

Or a personal health situation arises like a batch of peanut butter becoming contaminated with salmonella or children’s toys being contaminated with lead paint, where the regulators have difficulty identifying the source of the problem several tiers upstream in the supply chain.

Supply Chain Design Software 204

Supply Chain Design Software Supply Chain Design Manufacturing Procurement Supply Chain Strategy 204

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

Vinculum

AUGUST 30, 2022

Such a process helps manage accounts, inventory, supply chain, project management, operations, and other relatable processes to run the business significantly. Odoo acts as an open-Source ERP system software to appropriately provide tools to every business. The following solution that Epicor uses is based on distribution.

Malaysia 52

Malaysia Supply Chain Planning Software Inventory Management Software Optimization Software 52

ThroughPut

DECEMBER 8, 2023

In the context of supply chain management, prescriptive analytics leverages raw historical data and performance data to determine the best probable courses of action, supporting supply chain decisions through network design, inventory and warehouse optimization, and supplier management.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

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 84

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Supply Chain Network Software 84

Resilinc

APRIL 1, 2024

They know precisely which suppliers, sites, parts, and products are at risk, which allows them to put themselves first in line to secure constrained inventory and capacity at alternate sites. Then, all of this information is kept on a clean, accurate single-source-of-truth platform.

Supply Chain Software 97

Supply Chain Software Analytics Software Supply Chain Network Software Tools 97

Exiger Perspectives

JULY 19, 2024

These simulation models, in turn, use real-time data and external sources to discern interdependencies and vulnerabilities, as well as forecast supply chain dynamics. Operational efficiency: Digital twins help to streamline operations and procurement, reduce costs, and minimize friction in vendor onboarding and refreshing processes.

Supply Chain Planning Software 52

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

Supply Chain Matters

MAY 26, 2023

Background In our ongoing coverage of commercial aircraft and aerospace industry supply chains, we have highlighted and described the various ups and downs of this industry. Supply Chain Matters highlights for our readers an on-stage conversation held between the CEO ’s of Boeing and Qatar Airways at Bloomberg’s Qatar Economic Forum.

Qatar 52

Qatar Supply Chain Software Supply Chain Strategy Manufacturing Procurement 52

ThroughPut

MAY 16, 2024

This opens up avenues to save procurement, transportation, inventory, and warehousing costs. Better Inventory Management One of the biggest benefits of optimizing the supply chain is reducing holding costs arising from excess inventory as well as avoiding stockout situations. Both can be perilous for businesses.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

Supply Chain Matters

APRIL 18, 2023

Long time Seattle Times aerospace industry reporter Domenic Gates tweeted that it is believed that this problem may date back four years and possibly affect most of the planes built since the original grounding of the aircraft in 2029.

Supply Chain Planning 52

Supply Chain Planning Supply Chain Strategy Supply Chain Manufacturing Procurement 52

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