GlobalTranz

FEBRUARY 22, 2017

This technology is able to bolster supply chain and inventory management by using a digital database of raw materials, finished goods, and current production cycles. RFID and IoT Providing Double Benefits for Automotive Manufacturers. It’s also useful in enterprise resource planning and shipping logistics. . As the U.S.

Automotive 163

Automotive Supply Chain Planning Software Inventory Management Software Logistics Network Optimization Software 163

QAD

MAY 12, 2020

This article was co-written by Cathy Fisher , founder and president at Quistem and global expert in automotive quality management systems. The global automotive industry has never faced an unplanned shutdown (complete or partial) like that which has stemmed from COVID-19. Unprecedented times call for unprecedented actions.

Automotive 145

Automotive Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy 145

SYSPRO Smarter ERP

NOVEMBER 18, 2024

For example, an ERP for automotive distributors needs to include not just a standard sales function but also allow for automotive-specific processes like call-offs and contract pricing, as well as other processes like returns and lot traceability. What is automotive distribution? What is automotive distribution?

Automotive 98

Automotive Optimal Sourcing Purchasing Skills Manufacturing Procurement 98

ToolsGroup

OCTOBER 14, 2024

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Organizations require robust inventory management systems capable of handling diverse parts throughout their lifecycle.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

QAD

MARCH 10, 2020

Here are 5 ways blockchain has become a disruptor and driver of adoption in the automotive industry . In the automotive industry, the transparency offered by distributed ledgers could help ensure that manufacturing, shipping, and suppliers see the same supply chain, making it nearly impossible for the insertion of counterfeit parts.

Automotive 145

Automotive Supply Chain Design Software Supply Chain Network Software Industrial 145

Logistics Viewpoints

AUGUST 18, 2021

Supply shortages, low inventory to sales ratios, and hiring lags are noted as factors at play. Data as recent as the end of June 2021 show that inventories remain below 1.3 times a month’s sales, a low for the period since January 2019 included in the chart. The increase in energy prices is also important to monitor. Final Word.

Supply Chain Disruption 331

Supply Chain Disruption Manufacturing Procurement Supply Chain Purchasing Skills 331

ToolsGroup

SEPTEMBER 30, 2024

The automotive aftermarket industry is facing a series of complex challenges as it evolves. This shift has led to a growing need for agile inventory management and quick delivery systems. The Challenges of Inventory Management in the Aftermarket Managing inventory in the aftermarket is uniquely challenging.

Manufacturing Procurement 156

Manufacturing Procurement Optimization Software Supply Chain Planning Software ToolsGroup 156

BlueYonder

MARCH 5, 2024

For over a century, the global automotive industry has been focused on one central technology: the internal combustion engine. As cars become more connected, autonomous, electric and configured to order, automotive manufacturers are increasingly becoming software companies.

Automotive 115

Automotive Supply Chain Planning Software Modeling Software Forecasting Software 115

Kinaxis

NOVEMBER 27, 2018

This fundamental shift in the automotive industry, when paired with the alternative energy expectations of the modern automobile consumer, brings the industry to an inflection point not entirely unlike the one Ford ushered in with the advent of mass production.

Supply Chain Planning Software 141

Supply Chain Planning Software Automotive Demand Planning Software Supply and Demand 141

DELMIA Quintiq

NOVEMBER 13, 2018

Impact on automotive manufacturers. Let’s take a closer look at the automotive industry to get a better idea of the actual impact. In the past, it was not a problem for the automotive industry to ship cars, products and parts forth and back. And it also costs money to do inventory control and audits.

Automotive 136

Automotive Supply Chain Planning Software Scenario Planning Agile and Lean Supply Chain 136

ToolsGroup

AUGUST 3, 2020

It’s notoriously difficult to optimize inventory for aftermarket parts. Read on for our five inventory optimization secrets for aftermarket parts. Five Inventory Optimization Secrets for Aftermarket Parts. Sporadic demand and escalating SKU counts challenge distributors’ ability to economically carry the right inventory.

Inventory Reduction 156

Inventory Reduction Waste Reduction Optimization Software Supply Chain Optimization 156

BlueYonder

JANUARY 31, 2023

The following are the insights gained from my discussion with Salim Shaikh , who leads Blue Yonder’s Automotive Industry Strategy, during a recent Blue Yonder Live and webinars that we prepared for jointly. This is the exact word that used by Kelly Bysouth, the chief supply chain officer at International Automotive Components (IAC).

Automotive 114

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 114

Supply Chain Shaman

OCTOBER 22, 2015

The impact of complexity on inventory is not quick. To help, today I want to share some of the insights from our recent Inventory Optimization study. Inventory management is a hot issue. Companies invest in project after project, yet inventory levels remain the same. What Drives Inventory Effectiveness?

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Inventory Supply Chain Planning Software 150

Logistics Viewpoints

OCTOBER 30, 2023

I recently talked to a former executive at a global automotive manufacturer. The project was focused on the spare parts supply chain – the delivery of car parts and aftermarket accessories to automotive dealers and repair shops across Europe from their OEM vendors as well as their own manufacturing facilities in Europe.

Vendor Strategies 269

Vendor Strategies Cost Reduction Strategies Modeling Inventory Reduction 269

BlueYonder

JANUARY 24, 2023

The following are the insights gained from my discussion with Salim Shaikh , who leads Blue Yonder’s Automotive Industry Strategy, during a recent Blue Yonder Live and webinars that we prepared for jointly. I have not seen that in the past 25 years being in the automotive industry. Do we need to carry excess inventory?

Automotive 100

Automotive Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 100

SYSPRO Smarter ERP

SEPTEMBER 29, 2021

At the beginning of 2020, the global market for automotive parts and accessories had enjoyed several years of high margins and steady growth in a stable environment. This means automotive parts and accessories businesses must start looking at changing their business model and will need technology to help support the change.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Automotive Material Savings 105

BlueYonder

OCTOBER 30, 2023

The automotive industry has shown itself to be brave in recent times, in all areas but one: the supply chain. Brave” in this context points to a never-ending stream of innovations in the automotive space. Brave” in this context points to a never-ending stream of innovations in the automotive space.

Automotive 111

Automotive Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Planning Software 111

Logistics Viewpoints

AUGUST 1, 2024

In this scenario, by adopting an adaptive supply chain, the retailer uses real-time data analytics to identify emerging trends and collaborate closely with suppliers to quickly adjust production and inventory levels to meet customer demand. This collaboration enables faster response times and cost savings.

Modeling 283

Modeling Network Optimization Supply Chain Design Software Material Savings 283

BlueYonder

JULY 1, 2024

In today’s rapidly evolving automotive industry that is significantly impacted by macroeconomic challenges, government regulations, geopolitical tensions, software proliferation, and changing customer expectations, optimizing supply chain processes has become crucial for maintaining a competitive edge.

Supply Chain Planning Software 93

Supply Chain Planning Software Automotive Inventory Reduction Supply Chain Software 93

BlueYonder

MARCH 16, 2023

The following are the insights gained from my discussion with Salim Shaikh , who leads Blue Yonder’s Automotive Industry Strategy, and James Peck , VP of Supply Chain Execution Presales, during a recent Blue Yonder Live and from webinars and automotive events that we prepared for. We mentioned disruptions and the added complexities.

Automotive 97

Automotive Real-time Visibility Logistics Network Optimization Software Trends 97

DynaSys

FEBRUARY 17, 2021

Nearly all global, regional, and local automotive supply chains in 2020 were impacted by Covid-19. Whether it was through imposed tariffs, Brexit, or electric car success, the automotive industry felt its impacts acutely. Disruptions in the automotive industry. Automotive suppliers were in crisis management mode.

Manufacturing Procurement 98

Manufacturing Procurement Automotive Supply Chain Planning Software Manufacturing 98

Supply Chain Shaman

SEPTEMBER 5, 2022

The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. We are raping the planet to make inventory to sell at a deep discount.

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

Logistics Viewpoints

OCTOBER 31, 2022

ZF is a Tier 1 supplier to the automotive industry. While most of their sales are to automotive OEMs, they also sell components that go into other products – trucks and busses, wind turbines, tractors, construction equipment, etc. Lean cuts inventory out of the supply chain. This did adversely affect their financial results.

Agile and Lean Supply Chain 224

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 224

ToolsGroup

JUNE 11, 2019

MANN+HUMMEL to Present How It Partnered with ToolsGroup to Increase Fill Rate and Cut Inventory. ToolsGroup takes a fundamentally different approach by helping companies optimize service mix across products to maximize service and minimize inventory. On June 19 at 2:30 p.m., About ToolsGroup.

Supply Chain Planning Software 43

Supply Chain Planning Software Gartner ToolsGroup Supply Chain Planning 43

SYSPRO Smarter ERP

DECEMBER 20, 2021

The automotive industry is in a perpetual state of change. The automotive industry sets some of the highest quality standards in manufacturing, driven by a need to ensure safety and a desire to control costs. What is traceability in the automotive industry?

Automotive 105

Automotive Supply Chain Design Software Manufacturing Procurement Industrial 105

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

BlueYonder

OCTOBER 6, 2023

” – Sir Winston Churchill Having just returned from the 2023 Automotive Logistics and Supply Chain Global conference in Detroit, these words are very fitting to encapsulate the essence of the event. The automotive industry faces fierce competition in attracting and retaining top talent. “Never let a good crisis go to waste.”

Waste Reduction 98

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 98

QAD

NOVEMBER 14, 2023

The conclusion of the UAW-Big 3 strike has brought the automotive world a mix of challenges and opportunities. Ensuring adequate inventory while maintaining quality standards is now a pivotal concern for suppliers. For automotive suppliers , it emphasized the need for better preparedness against such disruptions.

Automotive 98

Automotive Negotiate Pricing Negotiating Skills Ohio 98

Logistics Viewpoints

JULY 22, 2024

NSK is a large manufacturer of industrial machinery bearings, precision machinery and parts, and automotive bearings and components. The use of RF devices, in combination with the data visibility EWM would improve inventory accuracy. One market they serve is the automotive aftermarket. They are a first-time adopter of SAP.

SAP 247

SAP Supply Chain Network Software Procurement Solutions Logistics Network Optimization Software 247

ToolsGroup

NOVEMBER 3, 2015

Since then, lean practitioners have gone on to make great strides and contributions, not only in the automotive industry but in many other types of businesses and organizations. But we have also seen companies misinterpret the lean message when it comes to inventory. It's good to trim bloated inventory and free up working capital.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Inventory Reduction Lean Inventory 120

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

DELMIA Quintiq

APRIL 16, 2021

We would like to invite you all to attend and share our upcoming event on Battery Cell Manufacturing as part of the DELMIA Operations Series webinars… Although this is being driven by the High Tech industry, battery cell manufacturing is becoming an integral part of Automotive, Aerospace and other diverse supply chains.

Supply Chain Planning Software 59

Supply Chain Planning Software Optimization Software Aerospace Gartner 59

Supply Chain Shaman

MAY 1, 2014

As hospitals adopted consignment planning programs, inventory progress slowed. The turns are the lowest of any industry, and despite investments in technologies and processes, inventory turns have only improved 3%, and Cash-T0-Cash (C2C) cycles have declined 4%. The shift of inventory without the sharing of data is a mistake.

Supply Chain Planning Software 290

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 290

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Digitisation for Optimised Capacity and Inventory Buffers. Traditionally, supply chain profitability has long depended on minimizing surplus due to the cost of capacity and inventory buffers. Inventory buffers encourage adaptability, create agility in the supply chain and allow for better planning.

Analytics Software 246

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

ToolsGroup

JANUARY 23, 2018

Aftermarket parts is a big net margin producer for many manufacturers, and yet service levels and inventory in these operations are often woefully sub-optimized (See CapGemini statics above). Million cash to the company’s bottom line, solely from inventory savings. There’s untapped cash and profits in your spare parts business.

Supply Chain Planning Software 174

Supply Chain Planning Software Supply Chain Planning Scenario Planning Optimization Software 174

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

15% decrease in inventory. With Blue Yonder capabilities, Mahindra & Mahindra Spares Business Unit (M&M SBU) now has greater visibility regarding demand, inventory, supply and distribution plans and are able to make more accurate and timely supply chain decisions. 10% increase in both forecast accuracy and revenue. Challenges.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Forecasting Software Modeling 179

Resilinc

OCTOBER 2, 2023

The effects of the strike are already rippling through the automotive supply chain. While companies do have some excess inventory available, the automotive supply chain is experiencing layoffs, furloughs, auto parts shortages, and idling operations. The automotive supply chain is a complex ecosystem of different suppliers.

Automotive 75

Automotive Negotiate Pricing Negotiating Skills Supply Chain Planning 75