Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. forecasting product sales at 10,000 stores.

Forecasting 270

Forecasting Forecasting Software Modeling Optimal Sourcing 270

Kinaxis

JULY 18, 2014

The research benchmarks A&D companies against other industries and looks at the top five A&D companies over the last decade. It has about 6 million components which are manufactured in 30 countries by 550 unique suppliers. Think about those design, sourcing and delivery challenges. No registration required.).

Supply Chain Planning 224

Supply Chain Planning Supply Chain Design Supply Chain Strategy Aerospace 224

Logistics Viewpoints

APRIL 1, 2021

Building optionality in the supply chain through collaborative sourcing: Supply chain teams can proactively identify choke points within the existing network by leveraging emerging technologies such as digital twins and advanced analytics, and modeling their end-to-end supply chains. This can in turn benefit Tier 2 suppliers and beyond.

Optimal Sourcing 282

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 282

Logistics Viewpoints

FEBRUARY 14, 2024

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Other critical functions include order management, manufacturing, and product development. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM).

Supply Chain Planning Software 325

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 325

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Solutions Purchasing Skills 130

Supply Chain Shaman

SEPTEMBER 24, 2017

In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. While the practices of finance are over 200 years old, in contrast, supply chain as a cross-functional practice (the combination of make, source and deliver) was recently defined in 1982. Is talent a cost or an asset? Talent Gaps.

Cost Reduction Strategies 207

Cost Reduction Strategies Inventory Reduction Resource Reduction Manufacturing Procurement 207

DELMIA Quintiq

MARCH 4, 2021

Viterra , formally Glencore Agriculture, a global leader in the sourcing, handling, processing and marketing of agricultural commodities and products, has started a global digital transformation program to improve and accelerate its business decisions.

Optimal Sourcing 296

Optimal Sourcing Supply Chain Planning Software Scenario Planning Global 296

Supply Chain Shaman

DECEMBER 26, 2012

However, none of the three companies knew this before the benchmarking activity. To minimize costs, supply chain teams of manufacturing leaders have designed the value network to absorb this volatility. The tendency is to build a supply chain for the lowest manufacturing cost-per-case which they believe is the lowest ROA.

Manufacturing Procurement 190

Manufacturing Procurement Purchasing Skills Modeling Supply Chain Design 190

Logistics Viewpoints

JULY 19, 2023

Most recently, the APQC has conducted best practice and benchmarking research on environmental sustainability. One area of concern for the long-term health of the world is the use of packaging in both the manufacturing and shipping of products.

Sustainability 246

Sustainability Optimal Sourcing Logistics Material Savings 246

Supply Chain Shaman

JULY 6, 2020

Frank, the line manager for manufacturing, dominated the meetings. Despite goals to improve agility and resiliency, functional metrics for manufacturing efficiency continually throw the supply chain out of balance. Strong manufacturing organizations do not make the most effective manufacturers.

Agile and Lean Supply Chain 301

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 301

Supply Chain Shaman

JUNE 16, 2014

These tools allow us to look at sell, source, make, and deliver together. The greatest gap is in the design of supplier and manufacturing networks. And, in our Digital Manufacturing Study. These technologies are applicable to solve many problems. The technologies enable the evaluation of both volumetric flows and cost.

Supply Chain Design Software 288

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 288

Logistics Bureau

DECEMBER 22, 2024

Using KPIs for performance measurement ensures that you are continuously evaluating your business activity against a static benchmark. Another powerful use of KPIs is in the benchmarking of your companys performance against that of your competitors and industry peers. Why Are KPIs Important?

KPI 74

KPI Agile and Lean Supply Chain Supply Chain Strategy Supply Chain 74

Supply Chain Shaman

JUNE 21, 2023

One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers. The analysis is biased toward large process-based manufacturers in the Gartner network. Is this success? I don’t think so. Learning Stalled.

Gartner 379

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 379

Precoro

SEPTEMBER 6, 2021

As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Understanding their distinction can help you ensure the coordination between the responsible teams and adopt the right strategies for improving both sourcing and procurement. Procurement. Contains fewer steps.

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Logistics Viewpoints

JANUARY 23, 2024

The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers. Joule can analyze the sustainability practices of suppliers and manufacturers that a retailer partners with. And if they are not, the retailer can look at alternative sources that aligns to their goals.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 298

Logistics Viewpoints

AUGUST 9, 2022

What’s in manufacturing? By integrating order data, load information across modes, yard shipments and the like, internal departments can turn to a single source of the truth and more accurately manage various aspects of the lifecycle. Complete visibility into inventory. And it requires visibility everywhere. What’s stuck at the port?

Inventory Management Software 261

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 261

Arena Solutions

FEBRUARY 20, 2025

A passport is a digital record that stores detailed information about a products lifecycle including its materials, origin, manufacturing processes, environmental impact and recycling information. The demand for batteries is unquenchable. The industry is projected to reach USD $322.2 billion by 2030. billion by 2030.

Industry 67

Industry Industrial Sourcing Strategies Manufacturing Procurement 67

Supply Chain Shaman

DECEMBER 12, 2024

In 2001, China joined the World Trade Organization, increasing access to China as both a channel and a supply source. Consider the investment in outside-in planning processes using market data and orchestrating source, make, and deliver based on a holistic design process. This course is limited to retailers and manufacturers.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

ToolsGroup

DECEMBER 17, 2020

We saw this right at the start of the pandemic, when parts being manufactured in Wuhan province disrupted car manufacturers’ production lines around the world. These disconnections can seriously hurt manufacturers and retailers in today’s online, service-driven economy where consumer expectations are defined by the Amazon experience.

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 275

SCMDOJO

FEBRUARY 15, 2025

Improve collaboration between suppliers, manufacturers, and logistics partners. These include alternative sourcing strategies, backup transportation routes, and emergency inventory reserves. In supply chain operations, it plays a crucial role in mitigating risks, improving response times, and optimizing workflows.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Modeling Inventory Reduction 91

SCMDOJO

MARCH 24, 2025

Strategic Sourcing: Strategic sourcing involves managing suppliers, while their selection is done through Request for Quotation (RFQs) forms from multiple suppliers to compare and evaluate them based on pricing, quality, and delivery speed. Industry Benchmarks: In the market, a company is never the sole player.

Purchasing Skills 69

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 69

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’s supply chain—with greater outsourcing, global manufacturing, and complex bill of materials–requires synchronization of the links.

Optimal Sourcing 173

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

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

Unleashed

MARCH 30, 2022

If you’re a manufacturer looking to boost efficiency, control charts are a simple but effective way to monitor and improve your production processes. So what is a process control chart, why are they so useful for manufacturing businesses , and how can you start using them? We take a look. What is a process control chart?

Manufacturing Procurement 98

Manufacturing Procurement Six Sigma Inventory Management Software Manufacturing 98

Unleashed

MAY 24, 2021

Sustainable manufacturing is at the forefront of good manufacturers’ plans. This article will take a look at what is sustainable manufacturing, some examples across various industries, and how SMEs can plan for sustainable manufacturing. What is sustainable manufacturing?

Manufacturing Procurement 98

Manufacturing Procurement Sustainability Manufacturing Waste Reduction 98

Enterra Insights

JANUARY 18, 2024

I look forward to seeing the benefits of machine learning reach more manufacturers in 2024. … With time, these capabilities will lead to unprecedented flexibility, quality and reliability in manufacturing.” As I noted earlier, this so-called singularity is the source of both anticipation and anxiety.

Trends 264

Trends Predictive Analytics Software Modeling Software Optimization Software 264

Logistics Viewpoints

FEBRUARY 28, 2022

Having an agent detect how long it takes to ship from a supplier site to a manufacturing facility, and then doing a running calculation on how the average lead time is changing, is trivial math. But very few vendors are taking those alerts and automatically feeding them into their manufacturing planning solutions.

Optimal Sourcing 354

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 354

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What are its advantages and disadvantages?

Inventory Management Software 97

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

Kinaxis

NOVEMBER 11, 2019

Planners can’t work with contract manufacturers. All supply chains have data errors, but if exhaustive searches rarely reveal the source of the problem – or reveal new problems – it might be more than run-of-the-mill complexity. Example : “Finance has these benchmarks on cash flow and inventory. Communication breaks down.

Supply Chain Transformation 164

Supply Chain Transformation Supply Chain Planning Software Gartner Supply Chain Software 164

EC Sourcing Group

JUNE 8, 2021

Sourcing Industry Veteran, Paul Martyn, joins EC Sourcing Group’s Leadership Team. EC Sourcing Group Expands its Leadership Team: Procurement and strategic sourcing technology company, EC Sourcing Group, welcomes industry veteran, Paul Martyn, to its executive leadership team.

EC Sourcing 52

EC Sourcing Optimal Sourcing Manufacturing Procurement Groups 52

Logility

NOVEMBER 2, 2022

Suppose a product can be manufactured in multiple plant locations, and there’s a potential warehouse only 50 miles away from 60% of your customers that regularly order it. The solution brings decision-making around sourcing, production, and logistics further down the organizational chart. Third: Repeatable network design.

Optimal Sourcing 130

Optimal Sourcing Network Design Software Network Design Network Optimization 130

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

Logility

DECEMBER 15, 2023

The key to creating an effective market-driven demand plan is access to rich forecasts based on inputs from multiple sources. Demand-based manufacturing In some supply chains, manufacturing facilities operate independently.

Optimal Sourcing 174

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 174

Kinaxis

DECEMBER 9, 2014

Or, as Angel Mendez of Cisco likes to say, yesterday’s stretch goal is today’s benchmark. At the conference, that transformation was captured best by a pharmaceutical manufacturer and Schneider Electric. For example, he used IKEA as an example of crowd sourcing in supply chain.

San Diego 187

San Diego Pharmaceutical Japan Supply Chain Planning Software 187

QAD

MARCH 5, 2020

I think that many companies, especially in the manufacturing world, have come to mistake the “blind task” or “haircut” cost-cutting approach for transformation. Every key vendor needs to be vetted, and then sourcing decisions need to be made and supply chain changes enacted. A Transformational ERP Project.

Vendor Strategies 145

Vendor Strategies Cost Reduction Strategies Waste Reduction Price Reduction 145

Oracle SCM

JULY 12, 2017

The right prediction and contingency planning tools will ensure a complete view and an effective response to risks such as suppliers going out of business, political upheaval, and natural calamities affecting manufacturing. To be successful, products must be manufactured at the right cost, place, and time.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Unleashed

JUNE 8, 2020

may sound exciting for manufacturers – with its IoT-enabled factories, all-singing all-dancing ERP software, and AI-powered insights – but frankly this is fantasy land for the vast majority of manufacturers. Here are three realistic steps manufacturers can take for data mastery in 2020. 4 important KPIs for manufacturers.

Manufacturing Procurement 72

Manufacturing Procurement Manufacturing Data Inventory Management Software 72