Silvon Software

APRIL 29, 2022

Inventory can be a manufacturer’s most important asset. But a large inventory has its own liabilities such as cost to store and insure it, along with the risk of spoilage, theft and damage. The Basics of Inventory Management KPIs. Every inventory KPI needs a clearly defined goal.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

Unleashed

JUNE 28, 2024

Today there are countless software solutions for automating the manufacturing process. The best enterprise resource planning (ERP) for manufacturing will vary, contingent upon the unique challenges you’re seeking to solve. What makes the best ERP for manufacturing? Let’s dive into the findings of our research.

Manufacturing Procurement 52

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

Unleashed

AUGUST 29, 2023

Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 52

OptiProERP

NOVEMBER 3, 2022

Manufacturers often need functionality specific to their industry. Manufacturing ERP provides more value as it has business and manufacturing operations modules. The eight use cases below show how these unique companies benefit from the implementation of manufacturing ERP. It will more than double its staff.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Manufacturing 52

EMERGE App

DECEMBER 25, 2023

These challenges encompass Purchasing, Production Planning, Sales-Distribution, Inventory Management, Warehousing Management, Human Resource Management (HRM), and Finance. The importance of Inventory management in business Inventory management holds immense importance in business operations.

Inventory Management Software 52

Inventory Management Software Procurement Solutions Supply Chain Planning Software Inventory Management 52

ToolsGroup

JANUARY 6, 2022

Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. These businesses often collect tires of high quality as spare inventory and do not have the infrastructure in place to sell them. It’s time to re-think how our products are manufactured and distributed.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

EMERGE App

DECEMBER 25, 2023

These challenges encompass Purchasing, Production Planning, sales distribution, Inventory Management , Warehousing Management , Human Resource Management (HRM), and Finance. The importance of Inventory management in business Inventory management holds immense importance in business operations.

Inventory Management Software 52

Inventory Management Software Procurement Solutions Supply Chain Planning Software Supply Chain Design Software 52

Logility

AUGUST 23, 2021

To ensure long-term growth and protect customer loyalty, businesses need to strive for the automation of supply chain planning – from anticipating emerging demand and optimizing manufacturing capacity to adjusting inventory allocations, minimizing costs, and increasing efficiency when required. Minimizing Manufacturing Changeovers.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 130

QAD

JULY 18, 2024

While this lowers the actual product cost, it may result in increasing transportation, inventory, warehousing and Customs costs. This cost includes the per-unit price of the product itself, freight charges, taxes, import and export duties, insurance premiums, payment processing fees, currency exchange rates and other expenses.

Purchasing Skills 98

Purchasing Skills Cost Reduction Strategies Expense Reduction Material Savings 98

Elementum

AUGUST 2, 2022

The direct impact of this phenomenon is weakened purchasing power of other currencies relative to the Dollar. Selling products in US markets for USD, and then converting back to local currencies, will be a win- win proposition for those who can do it. For one salient example, at the beginning of 2022, the Euro was worth $1.13.

Sri Lanka 78

Sri Lanka Supply Chain Planning Software Supply Chain Software Procurement Analytics 78

The Network Effect

JULY 18, 2014

A few years ago, a news report came out of China stating that they were going to put an end to pegging the renminbi (China’s domestic currency) against the U.S. This was a long awaited announcement that completely shocked the global currency markets sparking massive trades out of the U.S. dollar into Asian currencies.

Supply and Demand 175

Supply and Demand Supply Chain Planning Currency Supply Chain 175

Logility

AUGUST 14, 2020

Better forecasting implementations relate to: Preparing data for analysis; Measuring data currency, coverage and accuracy; Understanding how order fulfilment impacts your forecasts; and. By manufacturer or brand. For example, a category manager wants to track products before and after a promotion, by region and manufacturer.

Forecasting 147

Forecasting Forecasting Software Demand Planning Software Modeling 147

Supply Chain Shaman

JANUARY 15, 2022

In the 1990s, I transitioned from managing an emerging supply chain organization at a mid-sized manufacturing company to working for a supply chain planning company. Sales incentives drove a positive bias that inflated inventory. His goal was to lean-out accounting, marketing, and manufacturing. A Walk That I Often Remember.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Software Modeling 195

Supply Chain Shaman

JANUARY 15, 2022

In the 1990s, I transitioned from managing an emerging supply chain organization at a mid-sized manufacturing company to working for a supply chain planning company. Sales incentives drove a positive bias that inflated inventory. His goal was to lean-out accounting, marketing, and manufacturing. He saw all inventory as “bad.”

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Software Modeling 195

GlobalTranz

JUNE 23, 2015

Many off-shore manufacturers have returned to the U.S., Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. Engineering isn’t disconnected from manufacturing.

Cost Reduction Strategies 120

Cost Reduction Strategies Expense Reduction Inventory Reduction Material Savings 120

Logility

OCTOBER 8, 2021

An aligned plan takes up the valuable time of multiple team members — C-suite, finance, supply chain, manufacturing, marketing, and sales — repeatedly, while manual tools do nothing to facilitate the S&OP process. Without the right technology solution, data sharing, feedback, and consensus gathering is a cumbersome process.

Supply Chain Planning Software 167

Supply Chain Planning Software Forecasting Software Demand Planning Software Modeling Software 167

Logility

MAY 5, 2020

Ampacet Corporation is the world’s leading manufacturer of the pelletized pigments that add colors to plastics. The company spans the globe with 12 manufacturing sites on four continents. You may also like: Sensient Colors Mixes the Right Formula for Inventory Optimization. We still had two separate systems,” Smith said.

Supply Chain Planning Software 149

Supply Chain Planning Software Logility Supply Chain Optimization Supply Chain Software 149

EMERGE App

AUGUST 2, 2018

You run a lean business model with minimal overheads and using web-based inventory management software plays a big part in this. And you expect the same standard for inventory management software. What to Expect from Web-Based Inventory Management Software. Inventory Transfers, Adjustments and Stock Takes. Customers.

Inventory Management Software 49

Inventory Management Software Inventory Management Procurement Solutions Modeling Software 49

QAD

APRIL 4, 2023

QAD has bolstered our cloud offerings with new adaptive manufacturing and supply chain capabilities that enhance user productivity and support informed and intelligent decision-making. It provides the production insights needed to rapidly respond to unplanned inventory shortages, equipment failures and productivity slowdowns.

Manufacturing Procurement 98

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

EMERGE App

AUGUST 22, 2019

Not Another List of Inventory Management Techniques. I want to start by saying that this is not an exhaustive list of all the possible inventory management techniques available for all industries. What we will cover are practical inventory management techniques that: Our customers use; and. Downside of Inventory Mismanagement.

Inventory Management Software 66

Inventory Management Software Inventory Management Inventory Reduction Inventory 66

QAD

APRIL 5, 2022

With this release, QAD has strengthened our cloud ERP offering by delivering new adaptive manufacturing and supply chain capabilities to better address tomorrow’s challenges and rapidly respond to disruption in the marketplace. Digital Manufacturing. QAD Adaptive ERP 2022 Highlights. Integrated Supplier Management.

Manufacturing Procurement 98

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

Supply Chain Matters

JANUARY 3, 2024

The increased cost of working capital and supplemental inventory levels to mitigate fulfillment risk is likely to revert back to just-in-time inventory management. Manufacturing and Supply Chain Activity Levels- Global-wide manufacturing levels as depicted in the J.P. This level represents a contraction of $1.5

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

SCMDOJO

SEPTEMBER 19, 2024

Dual production site capabilities: (If required, can the supplier manufacture your part(s) at a sister location?) He’s increased corporate valuations by over a billion dollars, utilizing his proprietary methodologies to improve customer loyalty, reduce inventory by over $250 million, and increase EBITDA by $100 million-plus annually.

Purchasing Skills 98

Purchasing Skills Price Reduction Modeling Manufacturing Procurement 98

QAD

OCTOBER 5, 2021

As organizations seek to boost business responsiveness and flexibility to address disruption, this latest release progresses our customers’ ability to advance the business intelligence, innovation and business agility required by today’s manufacturers. Digital Manufacturing. QAD Adaptive ERP 2021.1 Highlights.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 98

Unleashed

DECEMBER 6, 2021

With inventory management and other software features built for the wholesale environment, you’ll be able to work towards success in a number of ways: improved profit margins by holding a lean inventory, optimising inefficiencies to cut labour costs, better strategic decision making through data… the list goes on.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

DynaSys

JANUARY 20, 2021

Finally, be mindful of the currency expected for your receivables and payables. Regional supply chain disruptions can add another worry when payment is expected or receivables need to be covered in a foreign currency – a currency that can dramatically shift in value as the contract is being fulfilled.

Supply Chain Planning Software 98

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

20Cube Logistics

JANUARY 27, 2022

However, despite becoming the latest epicenter for sourcing and manufacturing activities, economic growth in certain countries is expected to slow down this year due to various reasons. This is a direct result of the overstocking/stockpiling that happened in Asian manufacturing and retailing sectors. International Travel Policies.

Manufacturing Procurement 83

Manufacturing Procurement Asia Currency Policies 83

QAD

OCTOBER 11, 2022

With this release, QAD strengthens our cloud ERP offering to deliver new adaptive manufacturing and supply chain capabilities, increase user productivity and boost the ability to make informed and intelligent decisions. Digital Manufacturing. QAD Adaptive ERP 2022.1 Highlights. Enhancements include: Effective Enterprise Management.

Manufacturing Procurement 98

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

Elementum

AUGUST 1, 2022

Manufacturing and Logistics Many production and logistical units already work at their maximum capacity, and factories, ports, logistics and production are all expensive. Inflation is an economic condition in which you pay more for the same product without additional value due to currency devaluation. appeared first on Elementum.

Supply Chain Strategy 78

Supply Chain Strategy Supply Chain Manufacturing Procurement Supply and Demand 78

Supply Chain Shaman

OCTOBER 8, 2019

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. Most budgets are completed in currency at a brand level. Background. Time horizon.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

QAD

DECEMBER 1, 2022

The Checklist investigates how well e-commerce platforms deal with such areas as customer acquisition, supporting multi-store capabilities, managing costs, coordinating cross-border commerce, tracking inventory accurately, and other means of improving the customer experience. The Value of B2B e-Commerce. Are you getting the data you need?

Supply Chain Planning Software 98

Supply Chain Planning Software Analytics Software Demand Planning Software Eliminating Excel in Purchasing 98

Unleashed

SEPTEMBER 28, 2021

Here we cover the 10 most important features to look for in your food manufacturing software so you can achieve product consistency, production efficiency, and regulatory compliance. Read more: The food manufacturing software your business needs 1. This is where inventory control software comes into play.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Forecasting Software Supply Chain Planning Software 98

QAD

AUGUST 3, 2022

ERP systems have the ability to transform manufacturing companies, optimize operations, increase productivity, cut costs and help businesses remain competitive. It’s a type of software or system businesses use to plan and manage their daily activities, like their supply chain, manufacturing, services, financials and other operations.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Optimization Software 52

QAD

MARCH 30, 2021

This latest release further enhances our Cloud ERP capabilities and our customers’ ability to boost business intelligence, innovation and business agility required by today’s manufacturers. Digital Manufacturing. QAD Adaptive ERP 2021 Highlights. Usability and efficiency have been enhanced with a complete uplift to the Adaptive UX.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Optimization Software 96

Unleashed

NOVEMBER 22, 2021

We answer all these questions and more – including how inventory management software will help you manage your supply chain for your freeport warehouse or factory. They especially encourage manufacturing and design enterprises that import, process and then re-export goods. In this 2022 guide to freeports: What is a freeport?

Supply Chain Design Software 98

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

The Network Effect

OCTOBER 30, 2015

In earlier posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , and the all important ASN. DDP (delivered duty paid), where the named place is the manufacturers receiving location.

Automotive 100

Automotive Supply Chain Design Software Shipping Manufacturing Procurement 100

Kinaxis

OCTOBER 1, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. If your supplier decides that you need to pay more or global currency exchange rates drive up the cost of a component (and you have no alternatives ready to go) your margins can be significantly impacted.

Supply Chain Risk Management 255

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