Supply Chain Brain

JANUARY 30, 2021

A perfect storm of currency debasement, higher taxes, and declining purchasing power is driving manufacturers to focus on overall spend, cost-cutting, and the need to optimize cash conversion.

Manufacturing Procurement 64

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Policies 64

QAD

JULY 18, 2024

For example, it is common to incentivize procurement organizations to lower a product’s purchase price variance. 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. 20 (duties) + $.40

Purchasing Skills 98

Purchasing Skills Cost Reduction Strategies Expense Reduction Material Savings 98

SCMDOJO

SEPTEMBER 19, 2024

As a procurement officer, you’ve possibly been in the crosshairs of debate between sourcing locally and regionally versus from low-cost countries endorsed by many executive staff and boards of directors. Every time I was requested to have a target percentage of our purchases from low-cost countries I felt a pit in my stomach.

Purchasing Skills 98

Purchasing Skills Price Reduction Modeling Manufacturing Procurement 98

EMERGE App

JANUARY 1, 2020

Why You Need to Deal with Multiple Currencies. Perhaps it should be “Multi-Currency Makes The World Go Round” in today’s mobile web world. As a wholesaler and distributor, I’m willing to bet that you’re dealing with at least two currencies for your purchases and sales. General Setup ?

Currency 52

Currency Purchasing Skills Inventory Management Software Manufacturing Procurement 52

Supply Chain Matters

MARCH 15, 2024

billion, up 7 percent in both USD and constant currency. billion, up 25 percent in USD, up 24 percent in constant currency. billion, up 14 percent in both USD and constant currency. billion, up 18 percent in both USD and constant currency Q3 NetSuite Cloud ERP (SaaS) Revenue of $0.8

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Forecasting Software 52

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

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.

Manufacturing Procurement 98

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

Enterra Insights

APRIL 30, 2019

The impact of e-commerce and the consumer digital path to purchase has been significant. ”[1] Empty malls and struggling brick-and-mortar retailers also bear stark witness to the impact of the digital path to purchase. … Shoppers now purchase more online, making fewer trips to stores and seeing fewer in-store promotions.”[2].

Manufacturing Procurement 100

Manufacturing Procurement Purchasing Skills Procurement Solutions Procurement Analytics 100

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

Clear Spider

OCTOBER 21, 2024

As prices continued to rise, purchasing power plummeted. This has forced many manufacturers to reevaluate their sourcing and pricing strategies. Currency Fluctuations: As inflation varies by region, currency fluctuations further complicate international trade. Start Building an Inflation-Proof Supply Chain!

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Purchasing Skills 52

Logistics Viewpoints

JULY 26, 2024

-based carrier’s role in Mexico as nearshoring manufacturing trends drive more cross-border trade. Global supply chains are shifting, Mexico’s role in global trade is growing, and Mexican small and medium enterprises and manufacturing sectors are looking for reliable access to the U.S.

Logistics Network Optimization Software 225

Logistics Network Optimization Software Logistics Rail Software Long Beach 225

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. QAD EQMS (Enterprise Quality Management System) has made document collaboration easier by allowing collaboration in the draft state within Google Workspace.

Manufacturing Procurement 98

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

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

EC Sourcing Group

NOVEMBER 1, 2023

In the ever-evolving landscape of manufacturing procurement , data plays a pivotal role in ensuring efficiency, cost-effectiveness, and strategic decision-making. However, global manufacturing businesses often face a unique set of data challenges that can hinder their procurement processes. Category Spend Analysis 4.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Procurement Analytics Software 52

ivalua

JULY 22, 2015

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. alternatives.

Optimal Sourcing 100

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 100

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

Supply Chain Matters

JANUARY 3, 2024

However, the lessons garnered during the pandemic will likely drive inventory management toward less of a dependency on global-wide sourcing and more toward product postponement sourcing and customer fulfillment strategies. Manufacturing and Supply Chain Activity Levels- Global-wide manufacturing levels as depicted in the J.P.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

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

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Professionals in this field often find themselves venturing into manufacturing, IT, technology, ERP systems, and even commercial roles. Eight core competencies stand out, encompassing crucial aspects of SCM.

Supply Chain Planning Software 98

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

QAD

NOVEMBER 26, 2019

Honestly, fixed asset management and the related accounting is a rather dry subject – unless you are a CEO, CFO, COO, VP of Finance, VP of Manufacturing or Fixed Asset Manager at a manufacturing company. Fixed Assets and Accounting: Much More than a ‘Nice to Have’. Fixed Assets and the CFO.

Asset Management 145

Asset Management Manufacturing Procurement Modeling Software Supply Chain Design Software 145

Supply Chain Matters

AUGUST 10, 2023

July is typically a month in which Chinese suppliers and manufacturers have ramped up production levels to support global-wide back-to-school and other holiday related demand for products that peak in the November and December surge period. reflects broader weakness in the entire chain of global manufacturing.”

China 52

China Manufacturing Procurement Material Savings Sourcing Strategies 52

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). For example, one woman was trading foreign currencies, and took a strong position on Eurodollar.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

NC State SCRC

APRIL 3, 2019

The type of contract of interest in this report is for Development and Manufacture contracts in the Aerospace and Defense industries. The subcontract efforts feature the majority of military and part of commercial aviation, systems are outsourced by the overall airframe manufacturer, known as “primes” (Boeing, Airbus, Sikorski, etc.)

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

ToolsGroup

JANUARY 6, 2022

It’s time to re-think how our products are manufactured and distributed. “We were able to do this because we are a manufacturer of most of our products and this allowed us to bring in products at competitive pricing and quantities. We have essentially built out a supplier development team whose only goal is to source suppliers.

Supply Chain Planning Software 290

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

EC Sourcing Group

SEPTEMBER 7, 2021

The broader picture beyond procurement is the supply chain, as procurement (or purchasing) is just one step in the supply chain. . As there are many steps in the supply chain, there are many steps in procurement and procurement management. Manufacture or refine these goods into basic components.

Analysis 52

Analysis Material Savings Manufacturing Procurement Supply Chain Software 52

QAD

OCTOBER 6, 2020

With this release, QAD has delivered new adaptive manufacturing capabilities to better address tomorrow’s challenges and rapidly respond to disruption in the marketplace. Digital Manufacturing. QAD Adaptive ERP 2020.1 Highlights. Integrated Supplier Management.

Supply Chain Design Software 98

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

QAD

JUNE 11, 2020

Manufacturing in South Africa. In addition, automobile assembly, metalworking, machinery, textiles, iron and steel mills, chemicals, fertilizer and food are important manufacturing sectors for the country. Supply Chain Infrastructure for Manufacturing in South Africa. Commercial ship repair is also significant. About 4.6%

South Africa 136

South Africa Africa Saudi Arabia Manufacturing Procurement 136

QAD

JUNE 11, 2020

Manufacturing in South Africa. In addition, automobile assembly, metalworking, machinery, textiles, iron and steel mills, chemicals, fertilizer and food are important manufacturing sectors for the country. Supply Chain Infrastructure for Manufacturing in South Africa. Commercial ship repair is also significant. About 4.6%

South Africa 136

South Africa Africa Saudi Arabia Manufacturing Procurement 136

Enterra Insights

SEPTEMBER 2, 2021

Due to the pandemic, e-commerce growth accelerated and manufacturers’ interest in direct-to-consumer (DTC) consumer sales also increased. The cold hard truth for many brands is that consumers are not going to purchase their products via the internet without a compelling value proposition.” Concluding Thoughts. Footnotes. [1]

Price Reduction 130

Price Reduction Manufacturing Procurement Supply Chain Planning Software Analytics Software 130

Supply Chain Matters

JANUARY 6, 2023

The value of the US Dollar consistently increasing during 2022 against other global currencies, providing added headwinds to counties and businesses globally in the form of added inflationary cost pressures. Global manufacturing activity as depicted by the J. Business Sentiment. a 30-month low. Prediction Implications.

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 98

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

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

GlobalTranz

OCTOBER 12, 2018

New Technologies and Supply Chain Practices Will Enable Competition in E-Commerce Innovations within the logistics and manufacturing industries, ranging from 3D printing to active RFID tracking , will help shippers stay competitive in the e-commerce-driven world. This would include the use of digital payment methods and currencies.

Logistics Network Optimization Software 186

Logistics Network Optimization Software Supply Chain Design Software Demand Planning Software Trends 186

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

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.

Supply Chain Strategy 78

Supply Chain Strategy Supply Chain Manufacturing Procurement Supply and Demand 78

QAD

DECEMBER 1, 2022

Corporate buying decisions are being made by a generation accustomed to quick turnaround purchases they experience as online consumers. About three-quarters of B2B buyers see website purchases as more convenient than working with a sales rep, according to a Forrester report. How Well is Your Current e-Commerce Platform Performing?

Supply Chain Planning Software 98

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

SYSPRO Smarter ERP

MARCH 16, 2022

As a manufacturing or distribution management team you must make tough decisions on managing operations within the organization. The solution can be implemented in several manufacturing and distribution industries, with various efficiencies and opportunities unlocked in the process. Why upgrade your ERP system. Outdated technology.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Optimization Software 116