GlobalTranz

FEBRUARY 19, 2016

The Industrial Revolution helped change and bring prosperity into the world of manufacturing. As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 120

GlobalTranz

NOVEMBER 18, 2016

Big data applications are already impacting supply chain entities around the globe, but some of its most interesting possibilities may have yet to be realized. However, the current progression of big data does give rise to some very tangible benefits to your company within the next five years.

Big Data 120

Big Data Material Savings Supply Chain Planning Software Data 120

Freightos

MARCH 23, 2016

And, like many other logistics startups , we’re particularly enthusiastic about how Big Data can change the way goods are moved around the world. Getting Smart With Logistics Big Data. Much like IT, the supply chain is no longer a cost center … but instead a profit driver. The result? Bottom line?

Big Data 120

Big Data Logistics Network Optimization Software Data Predictive Analytics Software 120

Supply Chain Shaman

JANUARY 31, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Focus on Cost. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Manufacturing equipment lead times were 19 months. A Zealous Focus on Cost.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Supply Chain Shaman

NOVEMBER 11, 2020

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. They are impatient that they know more about pizza’s status for lunch before their zoom meeting than the inbound shipment status for their critical manufacturing run. Kinaxis Purchase of Rubikloud. Reflection.

Supply Chain Design Software 307

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 307

Arena Solutions

APRIL 4, 2023

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

Manufacturing Procurement 98

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 98

ThroughPut

MAY 3, 2024

From a manufacturing perspective, the best logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. It now shares similarities with Supply Chain Management Software (SCMS), to help deal with manufacturing operations, processes, vendors and suppliers.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

Supply Chain Game Changer

NOVEMBER 12, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out What Exactly Is Procurement? And What is Purchasing? As we’ve chronicled on the Argentus Blog, it’s no secret that the world of Procurement is changing and fast. Procurement, you’ve come a long way, baby!

Procurement Analytics 54

Procurement Analytics Manufacturing Procurement Optimal Sourcing Procurement 54

Unleashed

JANUARY 27, 2020

Big data refers to the process of examining and analysing large and diverse data sets for the purpose of uncovering valuable information to help businesses make informed decisions. The relationship between SMEs and big data is not contradictory, because no business is too small for big data.

Big Data 63

Big Data Analytics Software Predictive Analytics Software Purchasing Skills 63

IQMS

NOVEMBER 29, 2018

Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019. In parallel, there will be more self-service analytics and BI apps specifically designed for manufacturers.

Manufacturing Procurement 102

Manufacturing Procurement Procurement Analytics Trends Manufacturing 102

QAD

DECEMBER 5, 2019

Manufacturing isn’t exempt from this pressure. Regardless of what laws politicians enact, customers want their purchasing dollars to go to those who behave responsibly. The manufacturing industry has adopted “Lean” techniques enthusiastically. Lean is about driving out waste from every aspect of manufacturing.

Manufacturing Procurement 132

Manufacturing Procurement Waste Reduction Innovation Expense Reduction 132

Enterra Insights

JANUARY 14, 2022

Consumer packaged goods (CPG) manufacturers and their end-customers constantly engage in a complicated dance that has no choreographed steps. Sometimes CPG manufacturers take the lead and sometimes consumers take the lead. Most business consultants today urge CPG manufacturers and retailers to become consumer-centric and demand-driven.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

Supply Chain Shaman

MAY 26, 2023

In these conventional IT approaches, data is written and coded with fixed semantics into rows and columns. I term this our data jail. Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. The focus of the Gartner Magic Quadrant.)

Optimal Sourcing 345

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 345

SYSPRO Smarter ERP

MAY 22, 2023

A recent report by the IDC noted some benefits of these programs. Process changes to improve sustainability What sort of process changes should manufacturers be looking at to improve sustainability? The aim is to minimize the negative impact on the environment and society while maximizing the economic benefits.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Sustainability 98

Supply Chain Shaman

APRIL 16, 2024

Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. Outside-in Planning: Modeling based on channel and supply network signals. This week, I was at Informs Analytics Conference.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Modeling 221

Logistics Viewpoints

MARCH 9, 2023

Commerce is global and regional at the same time, the world is getting smaller and more interconnected, and Consumer Packaged Goods (CPG) manufacturers operate in this build-anywhere and sell-anywhere market. Here we have compiled a list of the top six challenges that CPG companies face in the post-pandemic market.

Supply Chain Planning Software 228

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 228

GlobalTranz

MARCH 7, 2016

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. What Do Supply Chain Analytics Have to Do With This Ability?

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. Or planned orders to purchase orders?) Data Everywhere, Insights Are Few. In one of the case studies, a manufacturer reported that they had 1700 employees with the term “data” in their title, but they lacked insights. And how do we measure it? (Is

Supply and Demand 388

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 388

QAD

FEBRUARY 28, 2019

But what if every pizza shop in America all of a sudden asked a single pizza oven manufacturer to build and ship an extra oven per shop? How does a manufacturer organize operations to meet unexpected demand shifts without creating inefficiency for the rest of the year? Today’s manufacturers are running more lean than ever.

Manufacturing Procurement 100

Manufacturing Procurement Analytics Software Predictive Analytics Software Supply Chain Planning Software 100

Unleashed

FEBRUARY 21, 2022

As 2022 kicks in, the manufacturing sector is being shaped by technological change and the Covid-19 pandemic. Digital, connected and smart systems are on the rise, while at the same time manufacturers face challenges such as the ‘Great Resignation’ and clogged-up supply chains – as well as increasing demand for sustainable products.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 98

Enterra Insights

MARCH 11, 2021

.” Consumer Packaged Goods (CPG) manufacturers know as well as anyone that keeping up with the changing landscape can be difficult — but essential. In fact, the report found more than 20% of the workforce could work remotely three to five days per week as effectively as they could from the office.

Manufacturing Procurement 130

Manufacturing Procurement Manufacturing Forecasting Software MRPeasy 130

Locus Robotics

MARCH 9, 2023

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. In some settings, IoT devices can detect defects and notify staff of quality control issues.

Supply Chain Software 52

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

Supply Chain Shaman

JUNE 14, 2014

“The idea of the value chain is based on the process view of organizations, the idea of seeing a manufacturing (or service) organisation as a system, made up of subsystems each with inputs, transformation processes and outputs. How value chain activities are carried out determines costs and affects profits.”

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Procurement Analytics Modeling 286

Unleashed

MARCH 24, 2024

Many manufacturers use lean methods to cut costs and improve efficiencies in their business. But ‘lean’ is a very broad concept and the ways that manufacturers ‘go lean’ vary considerably. Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

Enterra Insights

JULY 18, 2019

.”[1] At the same time, writes SAS’ Rodney Weidemann, “The impact of emerging technologies such as artificial intelligence, machine learning and cognitive computing — the latter underpinned by big data and advanced data analytics — is beginning to be felt.”[2] Omnichannel operations and big data.

Omnichannel 162

Omnichannel Analytics Software Predictive Analytics Software Purchasing Skills 162

Supply Chain Shaman

MARCH 12, 2019

The IT taxonomy for visibility is supply chain analytics. As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues. The team was seeking analytics to monitor process compliance. Visibility Maturity Model.

Prescriptive Analytics Software 178

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 178

ThroughPut

MARCH 24, 2024

However, the pandemic upended all processes that involved manufacturing, supply, and delivery of goods. Food & Beverage giants like Kellog’s reported on the state of breakdown in supply chain management. However, these models have tremendously faltered, when they have not altogether failed because of superior intelligence.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

OptiProERP

DECEMBER 12, 2022

Although we have entered into the new normal, the pandemic has brought several operational challenges to the manufacturing industry ( State of Manufacturing report, Fictiv 2021 ). Learn how to get ready for manufacturing industry trends in 2023. Industrial manufacturing production can be very challenging to manage.

Manufacturing Procurement 52

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

Enterra Insights

AUGUST 13, 2019

Long before there was anything labeled the digital path to purchase, legendary retailer Sam Walton stated, “There is only one boss. Today, people are no longer following a linear path from awareness to consideration to purchase. The customer. They are narrowing and broadening their consideration set in unique and unpredictable moments.

Manufacturing Procurement 100

Manufacturing Procurement Purchasing Skills Procurement Solutions Procurement Analytics 100

Enterra Insights

JUNE 1, 2020

When people hear or read the term “big data,” they initially think two things: It’s data and it’s big. First, let’s talk about what “big” really means. The volume of data being created is unprecedented and will only increase. How much data will it generate?

Big Data 147

Big Data Data Analytics Software Manufacturing Procurement 147

OptiProERP

JUNE 14, 2022

But once the organization grows, it is hard to coordinate different functions such as accounting, purchasing, sales, HR, customer relations, and the supply chain on multiple systems. Transferring data from one system to another is a time-consuming, manual task that diverts your team from focusing on other high-value tasks.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Forecasting Software Analytics Software 52

ThroughPut

APRIL 6, 2020

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It also evaluates the various possibilities such as the best plants to manufacture the required product lines.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

SYSPRO Smarter ERP

SEPTEMBER 7, 2021

Manufacturers are shifting their focus from selling physical equipment to value-added services based on their equipment’s core capabilities. This trend has given rise to a new type of business model called Equipment-as-a-Service (EaaS). By addressing the needs of consumers manufacturers can increase their market share.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Design Software Modeling Software Predictive Analytics Software 111

GlobalTranz

DECEMBER 7, 2016

percent from 2010 to 2011, and predictions estimate that business-to-business (B2B) sales resulting from e-commerce will make up the majority of sales by 2020, reports Four51. Ultimately, B2B entities are experiencing dramatic impacts on distribution and manufacturing for several key reasons. Big data is another issue entirely.

Demand Planning Software 120

Demand Planning Software Manufacturing Procurement Modeling Software Analytics Software 120

ThroughPut

APRIL 2, 2020

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It also evaluates the various possibilities such as the best plants to manufacture the required product lines.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 52

Enterra Insights

JULY 29, 2021

One of the most prominent trends of the Digital Age is increased traffic on the digital path to purchase. An ABI Research press release notes, “Manufacturers of consumer-packaged goods are utilizing analytics to anticipate customer demand and optimize their processes.”[2] ” Future CPG Success Relies on Data.

Packaging 130

Packaging Manufacturing Procurement Procurement Analytics Supply Chain Design Software 130

ThroughPut

MAY 16, 2024

However, responding to evolving market demands can seem almost impossible with legacy systems, siloed data and/or manually-driven human-intuition-based processes. Businesses have streamlined operations, minimized costs, maximized efficiency and improved customer satisfaction levels by following advanced supply chain optimization techniques.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52