SCMDOJO

MARCH 8, 2024

Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries.

Inventory Reduction 98

Inventory Reduction Optimal Sourcing Cost Reduction Strategies Resource Reduction 98

ToolsGroup

MARCH 24, 2021

Imagine what would happen if each station optimized its schedule and traffic independently: city-wide chaos would ensue. Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. This is no easy task.

Modeling 270

Modeling Optimization Software Inventory Reduction Network Optimization 270

Logility

MAY 17, 2023

The urgent need for supply chain resiliency is increasing interest in onshoring, reshoring, and nearshoring strategies. They’re also carefully pursuing suppliers, manufacturing, and distribution locations that are sustainable and resilient. Yet, their search is more than a matter of finding low-cost alternatives.

Vendor Strategies 170

Vendor Strategies Cost Reduction Strategies Price Reduction Inventory Reduction 170

C3 Solutions

JUNE 13, 2023

The manufacturing sector remains a crucial component of the global economy, with the small, medium, and large companies operating in the US accounting for about 11% of the country's GDP. Manufacturing facilities play an increasingly vital role in enhancing operational efficiency and optimizing global supply chain resources.

Supply Chain Optimization 127

Supply Chain Optimization Price Mitigation Strategies Manufacturing United States 127

DELMIA Quintiq

FEBRUARY 14, 2022

The past year and a half saw manufacturers face unprecedented challenges resulting from global disruptions, to which they responded by repurposing or developing new product lines, reconfiguring their plants and restructuring their supply chains in order to meet changing demands and keep afloat amidst uncertainty.

Modeling 404

Modeling Manufacturing Material Savings Modeling Software 404

IT Supply Chain

NOVEMBER 5, 2022

The post Marketing For Manufacturing Companies – 5 Strategies that Give Results appeared first on IT Supply Chain. By David Fowler (pictured). Content Writer.

Supply Chain Strategy 105

Supply Chain Strategy Price Mitigation Strategies Strategy Manufacturing 105

ToolsGroup

OCTOBER 14, 2024

This article will examine the challenges Belcorp faced with managing its extensive product range and complex supply chain and how our solution set, which includes Service Optimizer 99+ (SO99+), Demand Planning, and the Multi-Echelon Inventory Optimization (MEIO) model, transformed their operations. It played out as follows.

Modeling 156

Modeling Supply Chain Planning Software Inventory Reduction Supply Chain Optimization 156

SYSPRO Smarter ERP

JULY 2, 2024

AI for manufacturers Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. That indicates that manufacturers who adopt AI early could achieve a significant advantage over laggards.

Manufacturing 105

Manufacturing Prescriptive Analytics Software Modeling Software Inventory Management Software 105

The Logistics of Logistics

MAY 8, 2024

Nicole Glenn and Joe Lynch discuss optimizing cold chain while reducing environmental impact. Summary: Optimizing Cold Chain while Reducing Environmental Impact In this podcast, Nicole Glenn, CEO and Founder of Candor Companies, shares her insights and experiences from her 24-year journey in the transportation industry.

Waste Reduction 210

Waste Reduction Cost Reduction Strategies Network Optimization Supply Chain Optimization 210

The Logistics of Logistics

JANUARY 26, 2024

On this podcast interview, Tom Moore and Joe Lynch discuss load building and optimization. Tom Moore is a visionary entrepreneur with a track record of establishing and growing thriving supply chain software companies. AutoO2 is an optimizing load builder that converts deployment requirements into efficient, damage-free shipments.

Optimization Software 221

Optimization Software Supply Chain Optimization Network Optimization Supply Chain Planning Software 221

Logistics Viewpoints

MARCH 25, 2024

Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. Infor, with anticipated revenues of $3.4 Infor does as well.

Vendor Strategies 254

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 254

ModusLink Corporation

OCTOBER 27, 2021

Synergy is a core element present in many successful manufacturing strategies. The synergy effect within a business is the result of mutual interaction between two individual company elements, usually achieved by executing a specific strategy. There are many different manufacturing strategies.

Waste Reduction 78

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 78

ivalua

FEBRUARY 10, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy. These options also open up the door for collaboration with suppliers, or holding regular reviews that can help optimize supplier management techniques.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

ToolsGroup

JANUARY 15, 2024

BOSTON & LONDON — January 15, 2024 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of their In-Season Inventory Optimization Solution, an integrated suite of tools in the greater JustEnough retail planning and execution suite.

Inventory Reduction 177

Inventory Reduction ToolsGroup Waste Reduction Price Reduction 177

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. Optimizing Equipment Maintenance.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Procurement Academy

NOVEMBER 13, 2023

Incorporating a robust corporate training program into your business is a highly effective means to upskill your current employees, attract new talent, and foster a strong company culture. There are, though, several strategies that can help to secure this support from the key figures across your business.

Purchasing Training 52

Purchasing Training Price Mitigation Strategies Buyer Training Material Savings 52

Logistics Viewpoints

AUGUST 1, 2024

By embracing collaboration, real-time data, and a focus on sustainability, companies can build resilience, improve margins, and gain a competitive edge. Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences.

Modeling 274

Modeling Network Optimization Supply Chain Design Software Material Savings 274

CHAINalytics

JANUARY 25, 2023

A worldwide elevator manufacturer sought outside help to drive improvements throughout their operations, from manufacturing to the installation experience. The supply chain optimization project sought to generate cost savings through a simplified, more efficient packaging system. Why was Chainalytics brought on board?

Packaging 78

Packaging Supply Chain Optimization Optimization Software Price Mitigation Strategies 78

Enterra Insights

JUNE 6, 2023

Supply Chain Planning and Digital Twins Chap Achen , Vice President of Product Strategy & Operations at Nextuple, explains, “A digital twin allows a business decision-maker to test and validate a complete set of strategies and objectives across teams and make smart decisions that improve the customer experience and maximize profitability.”[1]

Resource Reduction 130

Resource Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 130

Arena Solutions

APRIL 16, 2024

PTC’s CEO, Neil Barua, said, “In parallel with our SBTi commitments, we’re broadening the ways in which we support manufacturers’ efforts to reduce the environmental footprint of their products.” PTC gives manufacturers the power to create sustainably conscious products and drive environmental sustainability.

Supply Chain Design Software 112

Supply Chain Design Software Supply Chain Planning Software Optimization Software Supply Chain Network Software 112

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

Because tech investment in most large companies is made over years and years, the ability to accommodate for emissions data is usually something that has to be done outside of the usual management system data. Raw materials, parts and services are currently all running through supply chains and manufacturing processes and emitting GHGs.

Optimal Sourcing 246

Optimal Sourcing Optimization Software Real-time Visibility Logistics Network Optimization Software 246

Logility

NOVEMBER 9, 2022

Start your journey with the top six use cases for network optimization. And then a different but still ideal network for the following order – ideal in the sense of the optimal balance of cost, speed, risk mitigation, growth, customer satisfaction and meeting environmental, social and governance commitments.

Network Optimization Software 130

Network Optimization Software Network Optimization Modeling Optimization Modeling 130

Logistics Viewpoints

MAY 19, 2022

The trade with Asia we take for granted today was only possible by mitigating a significant supply chain trade-off – reducing costs without appreciable impacts to quality and service. Supply chain optimization has also improved in significant ways that can address these trade-offs better than before.

Optimal Sourcing 256

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 256

Logility

APRIL 17, 2023

As a manufacturing leader, you’re faced with constant disruptions, labor shortages, and the threat of job loss — time is of the essence. The time is now to take action and invest in technology to optimize your operations, streamline your workflows, and enhance supply chain efficiency across the board. If you’re one of the 67.4%

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 130

Supply Chain Game Changer

SEPTEMBER 23, 2022

The Anatomy of a Highly Optimized eCommerce Distribution Centre! Distribution channels are vital for companies because they enable smooth item delivery to their customers. This article provides seven effective strategies to optimize your distribution center. Train The Distribution Team.

Inventory Reduction 52

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 52

SCMDOJO

SEPTEMBER 20, 2024

Does it ever come into your mind how companies efficiently convert inventories into sales? With the proliferation and expansion of already existing businesses and the development of new companies, it has become critical for each key player to manage, analyze, and calculate the stocks as per actual need. What is the Stock turnover?

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Modeling Price Mitigation Strategies 52

QAD

OCTOBER 24, 2024

This might sound like a scene from a disaster movie, but in the world of manufacturing, such risks are not just possible – they’re probable. It’s about understanding the unique challenges manufacturers face and implementing strategic measures to turn potential threats into opportunities for growth and resilience.

Risk Management 52

Risk Management Waste Reduction Cost Reduction Strategies Resource Reduction 52

QAD

APRIL 13, 2023

While Contract Pharma & BioPharma manufacturers continue to experience an increase in demand for more projects, new challenges are emerging from nearly every angle including new regulatory and quality requirements, workforce shortages and of course, supply chain disruptions. is likely to reach 2.1

Pharmaceutical 98

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 98

Kodiak Hub

AUGUST 19, 2024

In the world of manufacturing, maintaining a smooth and efficient supply chain is critical for success. Supplier Relationship Management (SRM) has emerged as an essential strategy for manufacturers aiming to optimize their supply chains and build stronger, more productive relationships with their suppliers.

Manufacturing 52

Manufacturing Price Mitigation Strategies Supply Chain Optimization Optimization Software 52

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. This chemical manufacturer is converting its entire distribution system to containers. Email Address. Subscribe to Supply Chain Game Changer.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

QAD

JUNE 18, 2019

In 1964, the average tenure of companies on the S&P 500 was 33 years. based companies can expect to only be listed on the S&P 500 for 12 years before they fall off the list. What’s even more concerning is that almost half of all S&P 500 companies will either fail or be replaced over the next 10 years.

Resource Reduction 111

Resource Reduction Supply Chain Planning Software Modeling Software Manufacturing 111

RFgen

AUGUST 30, 2024

This article explores comprehensive strategies to revitalize your warehouse workforce, examining various types of warehouse positions and how to make them more appealing, efficient, and rewarding. Providing optimal routes and real-time updates on stock locations can reduce unnecessary movement and increase job satisfaction.

Inventory Reduction 73

Inventory Reduction Cost Reduction Strategies Material Savings Price Mitigation Strategies 73

Unleashed

OCTOBER 31, 2023

It’s an essential process for achieving maximum success in manufacturing. Workforce optimisation (WFO) refers to the practices and tactics a company implements to improve its employees and organisational efficiency. The primary goal of workforce optimisation strategies is to reduce operational costs. Let’s dive in.

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52