Unleashed

APRIL 18, 2024

The manufacturing industry thrives on efficiency gains. Just-in-time (JIT) manufacturing is a production management approach that helps you lift efficiency and streamline your operational processes. What is just-in-time manufacturing? What is just-in-time manufacturing? Here’s how it works.

Just-in-Time 52

Just-in-Time Manufacturing Procurement Waste Reduction Inventory Reduction 52

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 108

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 108

QAD

JULY 13, 2023

If food manufacturers want to stay ahead of the competition today and into the future, they have to leverage advanced tools and systems that can optimize processes and deliver real-time insights. By migrating to a cloud-based ERP system, food manufacturers can streamline and automate various processes, leading to increased efficiency.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 98

Synovos

OCTOBER 30, 2023

In one case, a long-time packaging manufacturer changed its reporting structure, putting in place a new manager responsible for the MRO supply chain. It is our responsibility to know their business inherently and introduce new savings opportunities and continuous improvements to continue driving those savings.

Material Savings 105

Material Savings Manufacturing Procurement Packaging Vendor Strategies 105

Silvon Software

APRIL 18, 2024

Across the globe, manufacturing businesses are navigating economic uncertainties with increasing sophistication. For example, analyzing procurement data to identify opportunities for bulk purchasing discounts or renegotiating supplier contracts. This helps in reducing costs while maximizing ROI.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Precoro

FEBRUARY 26, 2024

For procurement professionals, systemizing and optimizing cost centers is not just a matter of financial management; it's a strategic task for driving efficiency, controlling costs, and enhancing overall performance. In this article, we delve into the intricacies of cost centers and explore strategies for improvement.

Optimal Sourcing 80

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 80

GlobalTranz

JULY 28, 2021

That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. Leveraging data for continuous improvement makes transportation optimization more synonymous with managed transportation.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Supply Chain Matters

JUNE 15, 2023

Athletic and leisure footwear manufacturer New Balance has advanced plans to build the company’s sixth footwear manufacturing facility within the United States. Commenting on the Skowhegan facility expansion, Joe Preston, New Balance President indicated: “ Manufacturing has always been at the core of our company culture.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Manufacturing Sourcing Strategies 52

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". The Buyer then sent a purchase order affirming its intention to purchase the two piping units to be manufactured by the Seller.

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

QAD

OCTOBER 15, 2024

In today’s rapidly evolving manufacturing landscape, achieving operational excellence requires more than simply hitting production targets or managing inventory levels. This collaborative approach not only boosts productivity but also fosters a culture of continuous improvement.

Optimal Sourcing 52

Optimal Sourcing Forecasting Scenario Planning Manufacturing Procurement 52

ModusLink Corporation

APRIL 22, 2024

Consider the unique requirements of your manufacturing process. For high-volume manufacturers, proficiency in efficiently managing large quantities of the same components is essential. Comprehensive Kitting Services: Tailored kitting solutions to meet the unique needs of electronics manufacturers.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

Jaggaer

OCTOBER 22, 2019

Our recently published report, “ Digital Transformation in Procurement: How Close Are We? ”, which is based on a global survey with responses from 391 CPOs and other senior procurement decision makers, showed that most progress had been made with the automation of supplier management, procure-to-pay and spend management processes.

Optimal Sourcing 60

Optimal Sourcing Manufacturing Procurement Predictive Analytics Software Supply Chain Network Software 60

Logistics Viewpoints

OCTOBER 10, 2022

This global, Tier 1 manufacturer is headquartered in Stockholm and had revenues of over $8 billion last year. in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons.

Supply Chain Risk Management 255

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 255

QAD

APRIL 22, 2021

Recent business turbulence has increased the awareness among manufacturers for improved communication and collaboration with suppliers. This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 97

QAD

JULY 13, 2021

I caught up with a former colleague recently to discuss her procurement project which comprised a year-long strategic sourcing engagement. During the project, she was able to rationalize the supply base, boost procurement efficiencies and drive positive financial results.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 98

SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. It encompasses activities such as procurement, supplier selection, and evaluation. Production: This stage involves transforming raw materials into finished products.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 98

OptiProERP

APRIL 9, 2024

Collaboration between production, procurement, and logistics teams is essential to optimize resource utilization and minimize lead times. Manufacturing and Assembly The heart of the process lies in manufacturing and assembly. Continuous improvement initiatives help enhance product quality and customer satisfaction.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. I use a method I call managing for daily improvement or MDI. How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Industry Week, March, 2016).

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

SCMDOJO

JUNE 6, 2023

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. To improve operations and stay ahead of the competition, many distributors are turning to assessment tools to evaluate performance and identify areas for improvement.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 105

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 237

Procurement Academy

FEBRUARY 22, 2024

Berkshire (UK) & New York (USA) 22 nd February 2024 – Skill Dynamics Moves to Strengthen its Position in Corporate eLearning with the Acquisition of Content Enablers Skill Dynamics, a provider of high-impact, role-based, specialized supply chain and procurement training has acquired Content Enablers, a company renowned for compliance training.

Buyer Training 59

Buyer Training Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 59

Arena Solutions

MAY 22, 2023

From engineering, quality, and procurement to suppliers and contract manufacturers—everyone must work off the same design to ensure that the right parts get sourced, the proper assembly lines and tooling are in place, and the product meets customer expectations. There are many players involved in the product development process.

Supply Chain Design Software 98

Supply Chain Design Software Manufacturing Procurement Procurement Solutions Modeling Software 98

The Logistics of Logistics

MAY 26, 2023

Hannah is a board member of the National Association of Manufacturers, WBEC-Pacific, the Women’s Business Enterprise National Council (WBENC) where she also serves as WBENC Forum 1st vice chair, board chair of How Women Lead–Silicon Valley, and is a member of the Committee of 200 for executive women.

Supply Chain Design Software 208

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 208

GlobalTranz

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturers will seek custom (or specifically tailored) e-commerce solutions.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Suppliers are often overlooked in continuous improvement efforts, but along with buyers, they are on the front lines. Procurement leaders say that when tackling a disruption, relationships with suppliers are what really make the difference. Look to your supplier relationships as step one in reducing risk and vulnerability.

Supply Chain Planning Software 130

Supply Chain Planning Software Predictive Analytics Software Manufacturing Procurement Price Reduction 130

SCMDOJO

DECEMBER 14, 2023

Limited Scope: Offers a more focused and individualized approach to the procurement process. Diverse Expertise: Leverages collective knowledge and resources for a more comprehensive and streamlined procurement process. Streamlining Logistics: Coordinating the logistics of procuring goods internationally involves a multitude of tasks.

Purchasing Skills 104

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 104

Jaggaer

OCTOBER 24, 2024

The Art of Supplier Collaboration: Best Practices to Build Lasting Partnerships Dynamic market changes and global events seem to create newer demands and greater pressure on procurement professionals. This is especially important for manufacturers of luxury goods, for example.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Strategies Inventory Reduction Resource Reduction 52

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement. The following are common types of negotiation in procurement: 1. The aim is often to secure volume discounts or advantageous terms.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 105

Logility

APRIL 29, 2021

As global supply chains and procurement scrutiny become more and more complex, risks increase and the range of stakeholders who demand a compliant supply chain has increased from simply regulators to investors, providers, partners, consumers, and the media.

Optimal Sourcing 199

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 199

Unleashed

JUNE 11, 2024

ERP systems are typically used in the manufacturing, distribution, retail, and healthcare sectors – though they may be found in other industries as well. One solution may focus on features useful to manufacturing firms , while another could be tailored to the needs of hospitals and healthcare centres. What is MRP software?

Manufacturing Procurement 52

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

Jaggaer

OCTOBER 24, 2024

For example, a manufacturer of embedded technology cares more about microchips than plastic coatings. You can also lower bottom-line costs and increase top-line value. For example, collaborating with innovative suppliers on new product development has enabled manufacturers to find ways to set premium pricing and open new revenue streams.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Prescriptive Analytics Software Supply Chain Design Software 52

Unleashed

AUGUST 20, 2023

If a manufacturer has to wait an extra day for raw materials to arrive, they might lose a customer. In manufacturing, for example, lead time refers to the amount of time it takes for a product to move through the entire production process , from when the initial order or request was made to the final delivery. Let’s dive in.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Silvon Software

JUNE 1, 2023

KPIs are essential in S&OP as they provide a quantitative framework for gaining visibility, aligning efforts, supporting decision-making, and driving continuous improvement across the business. The KPIs here highlight procurement, production, logistics, and customer fulfillment.

S&OP 111

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 111

Supply Chain Shaman

SEPTEMBER 2, 2016

Before I started doing this research, I believed procurement and manufacturing were aligned. While this is the case in 50% of the organizations, there are many organizations with large alignment gaps between finance/operations and procurement/manufacturing. Digital manufacturing is also a disruption. I was wrong.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

ThroughPut

MAY 22, 2024

An effective ERP manages day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations. By integrating with the financial and manufacturing modules, SCM enables better demand forecasting, inventory optimization, and faster time-to-market.

Supply Chain Planning Software 98

Supply Chain Planning Software Resource Reduction Optimal Sourcing Resources 98

Synovos

FEBRUARY 3, 2020

The Role of Continuous Improvement in Sustaining Plant Reliability.” Shoemaker, a registered professional engineer, will talk about the need for continuous improvement in the production environment. To access additional papers, webinars and other tools on continuous improvement, visit the Synovos Knowledge Center.

Conference 74

Conference Louisville Kentucky Manufacturing Procurement 74