QAD

OCTOBER 22, 2024

The automotive industry is grappling with many challenges as it transitions to electric vehicles (EVs), while simultaneously navigating volatile production schedules, tightening regulatory compliance, and placing rising pressures on supplier relationships.

Supply Chain Planning Software 52

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

Supply Chain Shaman

MARCH 28, 2016

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Supply Chain Shaman

JULY 25, 2016

The source data for the analysis is public reporting of balance sheets and income statements. Check out their performance by plotting year-over-year metrics at the intersection of two ratios and look at the patterns. In the analysis of the Supply Chains to Admire, we use PTBV as a proxy metric of value.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210

Supply Chain Game Changer

NOVEMBER 2, 2022

Supply chain risk management software helps retailers monitor their inventory levels, product prices, sales volume, shipping costs, and other important metrics on a daily basis so they can make smart decisions about inventory levels and pricing strategies before something goes wrong with either one of those things happening. Automotive.

Supply Chain Planning Software 96

Supply Chain Planning Software Risk Management Supply Chain Software Predictive Analytics Software 96

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. There must be a clearly defined data source with a standardized process for collecting and measuring that data. The Basics of Procurement KPIs.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

QAD

OCTOBER 18, 2022

Am I contributing to society by buying an environmentally sourced and produced product to have a greener planet? Industry guidelines like the Automotive Sustainability Practical Guidance from AIAG also play a role as companies add yet another item to their business agenda – social and environmental responsibility compliance.

Gartner 98

Gartner Optimal Sourcing Alabama Metrics 98

Jaggaer

OCTOBER 24, 2024

Following widely-known standards keeps your vendor options open so you’re not locked into sourcing from a small pool of specialty suppliers that can negatively impact time to market. That makes agility a foundational part of your manufacturing strategy. However, a world-class provider can guide your organization on a journey of improvement.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Supply Chain Planning Software 52

QAD

AUGUST 12, 2021

We will see the continued adoption of a wide range of sustainability efforts across manufacturing verticals, from automotive to food and beverage to life sciences. In other examples, you’ll find ERP provides the necessary insights and metrics, like OEE , to enhance production execution. Sustainability Objectives for Manufacturers.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

ToolsGroup

APRIL 1, 2022

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Source: Consultancy.UK. Image source: Fortune. Consultancy UK).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

JUNE 15, 2018

The field of supply chain management–combining source, make and deliver–into a common process started in 1982. Figure 1: Supply Chain Metrics Are a Balancing Act. The metrics shown in Figure 1 are difficult to improve together. Most companies improve singular metrics but are not able to drive portfolio.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

QAD

MARCH 9, 2023

Automotive and industrial product companies were among the hardest hit. That means looking at the right metrics. These two types of KPIs are complementary and “will empower a practitioner to visualize the profitability impact of a supply chain decision regarding production, distribution and sourcing.”

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 98

Supply Chain Matters

JULY 20, 2023

After reporting record Q2-2023 production out and vehicle deliveries earlier this month , Tesla r eported all-time high automotive sales and added profitability performance in the recent quarter. Financial Headlines Total Automotive Revenues in Q2 were up 46 percent to $21.2 This was the metric that many investors were focusing on.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Expense Reduction 52

The Logistics & Supply Chain Management Society

MAY 28, 2022

Key to this is the ability to create a more resilient supply chain through expansion and diversification of supplier base; employee training and development; stronger, more transparent key supplier relationships; carrier base expansion and diversification and increasing local sourcing and manufacturing. Utilise powerful software solutions.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

ivalua

NOVEMBER 26, 2019

Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. Global automotive component supplier Meritor is a great example. Think that such types of strategic value apply only to direct materials?

Optimal Sourcing 130

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 130

NC State SCRC

JULY 14, 2024

This has resulted in increased activity for firms that monitor supply chain riskssuch as Resilinc , Risk Metrics , and Everstream Analytics. This allows organizations to quickly react to problems as they occur and identify alternative sources of supply.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Pharmaceutical 59

Supply Chain Insights

JULY 26, 2016

The source data for the analysis is public reporting of balance sheets and income statements. Check out their performance by plotting year-over-year metrics at the intersection of two ratios and look at the patterns. In the analysis of the Supply Chains to Admire, we use PTBV as a proxy metric of value.

Pharmaceutical 110

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 110

Jaggaer

OCTOBER 24, 2024

Moreover, driving suppliers to the brink of financial instability can lead to supply disruptions, ultimately increasing costs as buyers scramble to find alternative sources. This is only possible with a solid foundation of reliable data from across the source-to-pay spectrum, together with advanced spend analytics.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Material Savings Negotiate Pricing 52

3PL Insights

MAY 3, 2021

Evans365 accesses and analyzes data sets from Evans’ warehouse management system and other data sources and presents findings graphically. We will continue to improve evans365 by integrating additional data sources and providing even more valuable metrics,” Evans says. This is only the beginning.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Tools Distribution 52

BlueYonder

APRIL 13, 2023

This has led to the nearshoring redesign of supply network and manufacturers trying to figure out, “Where do I need to put my inventory” and “How do I think about sourcing of material and goods so that I can fulfill to my customers?” Terence: So, it’s about improving these metrics and business performance simultaneously.

Manufacturing Procurement 75

Manufacturing Procurement Inventory Reduction Cost Reduction Strategies Optimal Sourcing 75

o9 Solutions

NOVEMBER 21, 2022

Co-founded by o9 and Supply Chain Insights, Project Zebra is an open-source industry effort to define and activate outside-in processes to prove the value of outside-in supply chain planning processes. The goal is to help leaders understand supply chain trends, evolving technologies, and which metrics matter. About LKQ Europe.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Europe 52

Supply Chain Matters

FEBRUARY 17, 2023

The same source, Birinyi Associates, indicated that U.S. According to a published report by S&P Global Market Intelligence , more than one in five listed S&P 500 Companies increased their earnings-per-share metric by a least 4 percent by the third quarter of last year. firms announced a record $1.26

Supply Chain Transformation 52

Supply Chain Transformation Supply Chain Planning Software Cost Reduction Strategies Expense Reduction 52

QAD

NOVEMBER 18, 2021

For example, in some areas where we have a single-source supplier, we’ve had to increase collaboration with that partner and better understand their risk mitigation strategies. In other areas, we’ve had to establish dual-sourcing strategies in order to reduce dependency on a single geographical location.”.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Network Software Resource Reduction Analytics Software 98

Kinaxis

FEBRUARY 8, 2017

As defined by the source of all knowledge, Wikipedia, “glocalization is the adaptation of globally marketed products and services to local markets.” Decentralized authority, which can accompany regionalization, results in each location working toward its own goals and objectives, instead of focusing on company-wide metrics and KPIs.

Supply Chain Planning Software 100

Supply Chain Planning Software Modeling Supply Chain Planning Supply Chain Optimization 100

BlueYonder

APRIL 24, 2023

One of the greatest benefits of today’s advanced digital solutions is their ability to ingest enormous volumes of data from across the supply chain — as well as from external sources — and apply those insights to course-correct the entire network as conditions change.

Optimal Sourcing 74

Optimal Sourcing Modeling Optimization Software Supply Chain Optimization 74

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. This outside-in orientation needs a definition to make it actionable.

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

IQMS

JULY 2, 2018

Manufacturers in the high-performance cohort captured in our latest survey are using real-time monitoring to aggregate metrics and gain a 360-degree view of manufacturing operations accessible from any mobile or handheld device. Source: Capgemini Internet of Things (IoT) study, Unlocking the business value of IoT in operations.

Manufacturing Procurement 71

Manufacturing Procurement Optimal Sourcing Manufacturing Inventory Reduction 71

Supply Chain Shaman

MARCH 15, 2016

The company is a B2B Supply Chain Operating Network supporting the automotive and aerospace industries. In our research, discrete industries–aerospace, automotive, hi-tech, and semiconductor– rate themselves as performing better, being more proactive, and having greater alignment. My time on the European continent is busy.

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. Digitization is Your Friend. Think Beyond Best-in-Class.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

Supply Chain Game Changer

NOVEMBER 20, 2018

Today, manufacturers located in multiple geographies are faced with complex energy sourcing options affected by various procurement and billing requirements and the ever changing local/state/federal legislation. Energy is also at the centre of significant change in traditional markets like fossil fuels and automotive.

Manufacturing Procurement 44

Manufacturing Procurement Optimal Sourcing Cost Reduction Strategies Price Reduction 44

QAD

SEPTEMBER 22, 2021

Common industries that benefit from ERP software include: Automotive. Today, it has grown into a multinational sole-source technology supplier of medical components and antimicrobial products to the US military and various healthcare organizations. It has proven to be particularly useful for companies in the manufacturing space.

Case Study 52

Case Study Study Optimal Sourcing Supply Chain Planning Software 52

Arkieva

AUGUST 8, 2016

Source: Commerce Dept. Source: SupplyChainDigest. Source: Supply Chain Shaman. For automotive giant General Motors, it meant production of some of its models in the U.S. Source: EBN. Source: Arkieva Supply Chain Blog. Source: Arkieva Supply Chain Blog. Source: SupplyChainDigest.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Supply Chain Movement

OCTOBER 31, 2016

Unfortunately, we find most companies are moving backwards on the Supply Chain Metrics That Matter (growth, operating margin, inventory turns and Return on Invested Capital) or are making progress on singular metrics instead of driving performance improvement on a balanced portfolio of supply chain metrics that correlate to market capitalization.

Pharmaceutical 60

Pharmaceutical Supply Chain Planning Supply Chain Strategy Supply Chain Design 60

Elementum

MAY 1, 2018

Potential Sources of Disruption. Identifying sources of risk and developing a plan are only part of the story. Establish appropriate metrics that correspond with the steps outlined in your contingency plan. What alternative plants/factories/sources of supply do they have at their disposal? Cyberattack and data breach.

Pharmaceutical 94

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 94

Supply Chain Shaman

JANUARY 2, 2023

With the evolution of NoSQL–Graph and Cognitive Ontological learning–models can now manage multiple data sources as inputs while driving a forecast to multiple roles simultaneously in role-based views. The root issue is functional metrics. Consider the data from LKQ (an automotive aftermarket parts supplier) in Table 1.

Supply and Demand 376

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 376

Supply Chain Shaman

NOVEMBER 29, 2015

Hadoop is an open-source software framework written in Java for distributed storage and processing of large data sets on computer clusters. In contrast, it took the average chemical company or automotive supplier five-to-eight months. Doug named the software after his son’s favorite pet elephant shown here.)

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

NC State SCRC

OCTOBER 26, 2021

The shortages in PVC and other materials are even shutting down automotive production lines, as well as other manufacturers that I’ve been speaking with. Gulf Coast export PVC prices were assessed at $1,900 a metric tonne for the week of Sept. However, worse was to come. 10, up 28% since the beginning of the year.

Supply Chain Disruption 52

Supply Chain Disruption Supply Chain Planning Supply Chain Texas 52

Supply Chain Game Changer

SEPTEMBER 21, 2021

Despite whatever metrics, business processes, resources, systems, relationships, and contingencies you may have in place, achieving your overall inventory performance objectives is far from easy. Underlying all of these philosophies is the drive to keep inventory levels low. Inventory Management Headwinds.

Inventory Reduction 52

Inventory Reduction Inventory Material Savings Modeling 52