Kinaxis

DECEMBER 3, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #4 Making key decisions by modelling the supply chain in Excel. In fact, by using this approach, on-time delivery and operations metrics often improve, while reducing inventory!

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Shaman

SEPTEMBER 13, 2016

It is clear that new outcomes cannot happen through a focus on traditional continuous improvement programs. As shown in Figure 1, the biggest obstacles to power improvement/performance are traditional supply chain thinking, the lack of organizational alignment and a focus on functional excellence. Make it concrete.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

Oracle SCM

JULY 12, 2017

Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. 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.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Talking Logistics

SEPTEMBER 13, 2016

To build more powerful relationships, extending across a critical mass of trading partners, companies need to utilize a robust platform like a supply chain operating network, which leads to increased visibility for continuous improvements in company performance, agility, and differentiation.

Real-time Visibility 100

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Inventory Reduction 100

QAD

MAY 28, 2024

In the dynamic landscape of manufacturing, adaptation is key to staying ahead of the curve. Getting Transformation Buy-in From the Executive Team From the outset, TS Tech recognized the importance of securing executive management commitment—a critical foundation for any transformative endeavor.

Supply Chain Software 96

Supply Chain Software Optimization Software Eliminating Excel in Purchasing Purchasing Training 96

Supply Chain Shaman

MARCH 3, 2018

.” He continued, “Great mass marketing used be our differentiator, but now the barriers to entry have changed. Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. Their focus is on continuous improvement of current processes.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

RFgen

DECEMBER 19, 2024

Data-driven forecasting improves purchasing and cuts storage expenses. To maintain operational excellence, establish feedback loops between staff and management. Monitor key performance indicators (KPIs) to spot areas for improvement. Monitoring these KPIs helps identify areas for improvement and maintain effectiveness.

Optimal Sourcing 77

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 77

Supply Chain Shaman

APRIL 7, 2016

I am a manufacturing gal by training. 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. How easy is it to buy from your company?

Supply Chain Design Software 150

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

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The translation of independent demand into cycle stock reduction in production planning and material buying in demand-driven MRP.

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186

GlobalTranz

FEBRUARY 16, 2016

An excellent Warehouse Management System (WMS) can help reduce costs by automating cycle counting, and maintaining location control. Create a consortium of buyers (a client and several of their suppliers) to buy needed logistics supplies (i.e. transportation fuel) at a reduced cost that comes with buying in greater quantities.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

GlobalTranz

FEBRUARY 2, 2015

Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. No Purchase Orders were used. The Ford Motor Company led by Henry Ford and The Toyota Manufacturing Company led the way to VMI.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

QAD

SEPTEMBER 8, 2022

Regardless of nationwide employment numbers, manufacturers know that the skilled labor shortages are not going away with a new jobs report. How do manufacturers shield themselves from the cost of labor shortages? Application: Practical Empathy in Manufacturing. This time I took a different approach.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimization Software Supply Chain Software 98

Talking Logistics

FEBRUARY 24, 2015

For example, a 3PL can combine the freight of 30, 40 or 50 clients to give shippers far more buying power than they would command “going it alone” in these trying times. Commitment to continuous improvement, not just short-term savings: Transportation optimization is more than moving freight for the lowest cost. Excellence ?

Transportation Management 100

Transportation Management Optimal Sourcing Logistics Network Optimization Software Sourcing Strategies 100

Supply Chain Shaman

JULY 5, 2016

19 average) and 3 times better ROIC for the period (33% versus P&G’s 11%), note that none of these three household products companies made progress on supply chain excellence in the period of 2013-2015. Supplier relationships in household products are more buy/sell. While Colgate posted better margin (.21

Supply Chain Planning Software 150

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

Supply Chain Shaman

FEBRUARY 16, 2016

Many of my clients save 5-10% of funds from their continuous improvement projects and self-fund their efforts. Is my opportunity in the area of digital manufacturing? “ (The use of Internet of Things and 3D Printing to transform manufacturing.) Digital path to purchase? The next step is education.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Software Supply and Demand Supply Chain Design 150

Silvon Software

APRIL 18, 2024

Across the globe, manufacturing businesses are navigating economic uncertainties with increasing sophistication. These tools enable organizations to quickly turn insights into actions with strong stakeholder buy-in while accelerating the execution of strategies across the business and the attainment of an organizations’ objectives.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Supply Chain Shaman

MARCH 15, 2016

The majority of manufacturing and retail companies want better performing supply chains. However, visibility of channel relationships–customer orders and consumption/purchase–in the demand network, or the use and consumption of materials in the extended supplier network, is an ongoing issue. An Old Gal on a Mission.

Supply Chain Software 150

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

Synovos

AUGUST 21, 2023

The program recognizes the winners’ commitment to continuous improvement in the prevention of accidents at work while examining health and safety management systems, including practices such as leadership and workforce involvement. “RS

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Manufacturing Procurement Procurement Solutions Optimal Sourcing 52

SCMDOJO

APRIL 20, 2023

As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck. Additionally, procurement managers must stay up-to-date on industry trends and best practices in order to make informed purchasing decisions.

Negotiating Skills 112

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 112

synchrono

OCTOBER 30, 2017

Through this guest blog series, I’d like to share some of my experiences implementing supplier quality and Lean manufacturing initiatives by focusing on eKanban systems. This first entry offers advice for planning an eKanban rollout – suggestions that can also be applied across any Lean manufacturing project.

Inventory Reduction 38

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 38

SCMDOJO

DECEMBER 14, 2023

But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s uncover the mystery behind the role of sourcing agencies and see how they make the job of buying things much simpler. They play a big role in making sure the whole process of buying things goes smoothly from start to finish.

Purchasing Skills 90

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 90

GlobalTranz

MAY 13, 2015

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. ” The Key’s To Walmart’s Supply Chain Management Excellence over the Year. Walmart uses its mammoth purchasing power to shape suppliers’ behavior which also drives down costs, Gartner said.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Supply Chain Matters

APRIL 28, 2023

Supply Chain Matters provides the second in a multi-part series addressing the renewed importance of production planning and operational excellence in this very uncertain and constantly changing business environment. Refocusing on Operational Excellence In the previous section, we identified a number of drivers for operational efficiency.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. No-code platforms allow for the creation of excellent applications and services by simply dragging and dropping components. These tools make it easy to develop software apps without coding knowledge.

Supply Chain Design Software 127

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Inventory Management Software 127

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. Improved Customer Satisfaction A structured department is better equipped to handle customer demands. Supply Chain Director Set strategic goals and objectives for the supply chain department.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 92

Supply Chain Movement

MAY 22, 2020

A new movement is taking place, driven by new innovators and new, disruptive technologies such as robotics and additive layer manufacturing (ALM). It enables them to produce prototypes of products quicker and print spare parts when needed, rather than having to purchase and store them in advance. million in funding.

Manufacturing Procurement 78

Manufacturing Procurement Demand Planning Software Supply and Demand Innovation 78

Precoro

JULY 15, 2024

The CPO leads the company's acquisition programs and ensures that they are purchasing goods and contracting services on time and in a cost efficient way. Making sure these purchases are of high quality and compliant with relevant laws and regulations also falls under the CPO’s responsibilities.

Negotiating Skills 90

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 90

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Arena Solutions

JUNE 18, 2024

Manufacturers are under constant pressure to innovate faster amid today’s increasingly competitive landscape. Yet macroeconomic forces beyond their control and continued supply chain instability make it difficult to maintain operational efficiency and achieve product realization goals.

Analytics Software 70

Analytics Software Optimal Sourcing Optimization Software Inventory Management Software 70

OptiProERP

JANUARY 8, 2020

Leaders at small and midsize manufacturing businesses may be hands-on managers, but they are also responsible for envisioning the future, identifying opportunities, and anticipating what’s next in a competitive marketplace. The value delivered by manufacturing ERP can’t be overstated. With cloud ERP, you can see the breakdown of costs.

Supply Chain Planning Software 81

Supply Chain Planning Software Forecasting Software Analytics Software Predictive Analytics Software 81

Arena Solutions

AUGUST 4, 2021

While QMS can be manual, quality management system software solutions are far more effective at eliminating silos, quality issues, and manufacturing mistakes by keeping dispersed teams on the same page at all times. Engineer and statistician William Deming successfully applied Shewhart’s methods to manufacturing during World War II.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Planning Software Modeling Software Demand Planning Software 90

Supply Chain Shaman

FEBRUARY 25, 2016

Or is it the use of the Internet of Things to transform manufacturing or reduce issues with counterfeiting? This issue is that the orders have inherent order latency (The time for customer purchases to translate to manufacturing orders). Leadership and Driving Continuous Improvement. The opportunities are numerous.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

GlobalTranz

JANUARY 21, 2015

A means of optimizing Supply Chain performance in which the manufacturer is responsible for maintaining the distributor’s inventory levels. The manufacturer has access to the distributor’s inventory data and is responsible for generating purchase orders. Under VMI, the manufacturer generates the order*, not the distributor.

Vendor Strategies 120

Vendor Strategies Cost Reduction Strategies Inventory Reduction Waste Reduction 120

Arena Solutions

OCTOBER 12, 2023

If you’re a product developer, manufacturer, or part of an engineering team, you know the excitement, challenge, and profitability that come from transforming an idea into an actual product. Quality management also plays a crucial role in product development. Going in with an open mind is really important to getting the most out of an audit.”

Quality 113

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 113

Logistics Bureau

OCTOBER 26, 2020

While your company undoubtedly has sustainability on its supply chain agenda, creating momentum can be tricky in what is after all, a fairly new way to approach performance improvement. With the supply of raw materials dwindling, it makes good economic sense for manufacturers to take discarded materials and repurpose them.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 93

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Here we give you a complete guide to MRO, from what it is, to what sort of items it covers.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98