SCMDOJO

OCTOBER 7, 2024

Navigating the complexities of manufacturing operations often involves the crucial decision between MRP vs ERP systems. While both aim to streamline operations and enhance efficiency, they cater to distinct needs within manufacturing organizations. What is an MRP System? The first generation of these systems was known simply as MRP.

Manufacturing Procurement 52

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

BlueYonder

FEBRUARY 14, 2023

The following are the insights gained from my discussion with Sunil Roy , who leads Blue Yonder’s Industrial Manufacturing Industry Strategy, during a recent Blue Yonder Live and executive customer events that we prepared for jointly. Previously, companies would have their localized customers and suppliers in a few main markets.

Manufacturing Procurement 135

Manufacturing Procurement Material Savings Inventory Reduction Cost Reduction Strategies 135

Supply Chain Shaman

JULY 31, 2024

How should a global manufacturer make a decision? In short, the research tells me that the manufacturing industries are stuck. In contrast, for a global manufacturer, the answer is more complex. Define a proactive approach and the value/economies of scale of planning manufacturing/transportation and sourcing together.

Supply Chain Planning Software 326

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 326

Supply Chain Matters

AUGUST 15, 2022

Supply Chain Matters updates readers on yet another turnabout in supply chain and customer service direction for a once high flyer in premium interactive fitness equipment and services. Reportedly McCarthy’s goal is to transform the company “ primarily into a subscription-based company rather than an equipment manufacturer.”

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

SYSPRO Smarter ERP

MAY 10, 2022

With a manufacturing operation based on Assemble-to-order (ATO) , success hinges on being able to get products to customers quickly. This should also integrate with inventory management and procurement so that goods are ordered in time and there is visibility over stock items. How ERP helps Assemble To Order (ATO) manufacturers.

Manufacturing Procurement 111

Manufacturing Procurement Procurement Solutions Optimal Sourcing Inventory Management Software 111

Logility

AUGUST 12, 2021

But there is good news: a convergence of process, data, and technology provides the real-time and predictive visibility needed to optimize supply chain planning, ensuring food manufacturers can build resilience now and for the future. Planning Manufacturing Based on Demand. Preparing for Market-Driven Demand.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. A decrease in the compliance rate results in an increase in indirect procurement or maverick spending.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Logistics Viewpoints

JULY 8, 2024

Over the years, individual locations—the company has several manufacturing locations in Europe and North America—have behaved increasingly autonomously. Meanwhile, customers’ procurement operations were seeing a new generation of talent come of age who were pushing for better value-added services and shipment visibility.

Cost Reduction Strategies 250

Cost Reduction Strategies Optimal Sourcing Resource Reduction Negotiating Skills 250

Supply Chain Shaman

FEBRUARY 18, 2021

Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Customer service is red. Over time, this changed.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 288

ModusLink Corporation

SEPTEMBER 1, 2023

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ? Let’s rethink everything to figure out what it might be for the future of procurement in light of it all.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

SYSPRO Smarter ERP

MARCH 31, 2022

This also includes delays in local manufacturing as well as inflationary pressures due to escalating costs because of the increased fuel prices – increases are already at 10% and shipping is about 30%. There is always change and opportunity to enable this by using ERP effectively, to release value and customer service.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software 105

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Customer Service. Not all networks are equal.

Supply Chain Network Software 275

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 275

QAD

DECEMBER 10, 2019

Manufacturers Thrive on Timely Information. While this is an extreme example of timely information access from the financial sector, manufacturers are realizing the need to access timely data in order to rapidly respond to changing business conditions. Lower procurement costs with supplier self-service and proactive alerts.

Manufacturing Procurement 134

Manufacturing Procurement Real-time Visibility Inventory Reduction Cost Reduction Strategies 134

SYSPRO Smarter ERP

DECEMBER 28, 2021

The pandemic has been the catalyst for change, with a drive to fundamentally rethink the manufacturing and distribution space. Surprisingly, many organizations have begun their recovery from the effects of the pandemic with 40% of all businesses surveyed within the Manufacturing CFO 4.0 Digitalization remains key to success.

Manufacturing Procurement 105

Manufacturing Procurement Manufacturing Supply Chain Software Logistics Network Optimization Software 105

Supply Chain Shaman

JUNE 3, 2024

similarly, over 95% of manufacturers invested and implemented supply chain planning, but their primary tool today is Excel. How does the plan tie to the balanced scorecard of growth, inventory health, operating margin, customer service, and Return on Invested Capital (ROIC)? ” Does the Dog Hunt? So, does this dog hunt?

Supply Chain Planning Software 345

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 345

Supply Chain Shaman

SEPTEMBER 28, 2022

In this volatile world, efficient procurement led by a CFO is not the answer. The manufacturing-centric company is used to strangling suppliers and demanding terms. In Figure 1, we show the overall performance of manufacturers and distributors. Performance of Manufacturers and Distributors During the Pandemic.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

SYSPRO Smarter ERP

DECEMBER 14, 2023

Companies in this market produce the machines used by other manufacturers. Because of the dynamic market they operate in, IM&E manufacturers are seeking to balance productivity and efficiency with responsiveness and agility. Quality and safety Customers expect higher quality products from manufacturers.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Management Software Analytics Software Optimization Software 52

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. With companies producing more and more products worldwide, the issue of keeping track of enormous amounts of parts and materials used in the manufacturing process has grown increasingly complex.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

Enterra Insights

NOVEMBER 14, 2024

I define supply chain resilience as: The ability of an organization to deliver reliable and consistent results for revenue, margin, customer service, and quality in the face of demand and supply variability. ” • Implement digital and automated manufacturing. Another EY analyst suggestion involves procurement.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning 130

SYSPRO Smarter ERP

SEPTEMBER 8, 2022

High and increasing costs, in combination with long recovery times, have triggered many companies to reassess their customer service plus supply-chain strategies and footprints to make them more resilient to any kind of disruption. In other words, local manufacturers should start finding partnerships with local suppliers.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain 105

Logility

DECEMBER 15, 2023

An advanced inventory planning solution automatically determines the proper inventory control parameters for each SKU or location combination, leading to improved customer service with less inventory investment. Demand-based manufacturing In some supply chains, manufacturing facilities operate independently.

Optimal Sourcing 173

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 173

OptiProERP

MARCH 15, 2022

Before getting into production scheduling and how it helps manufacturers, let’s have a quick look at the functions of the production department in a manufacturing organization. Components of Production Scheduling in Manufacturing. Planning creates an efficient process that meets the needs of customers and the organization.

Manufacturing Procurement 78

Manufacturing Procurement Optimal Sourcing Material Savings Resource Reduction 78

Unleashed

JANUARY 3, 2023

As a manufacturer, a lot of businesses and customers rely on you to get things done on time. So, let’s break down how to improve cash flow in a manufacturing business and look at the various cash flow challenges faced by manufacturers around the world. But first you have to get in the green.

Manufacturing Procurement 96

Manufacturing Procurement Material Savings Expense Reduction Inventory Reduction 96

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel!

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. Keith led the work to move P&G from a regional to a global manufacturer opening up the Warsaw center of planning excellence and outsourcing IT to HP. A manufacturing capability is not ubiquitous.

Procurement Analytics 341

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 341

Supply Chain Shaman

FEBRUARY 1, 2024

Contract Manufacturing Signal Latency. In my last blog post, I shared insights on data synchronization between brand owners and contract manufacturing. In our research, we find that 32% of volume is manufactured by a third party. The second node is COV of retail replenishment/COV of the order signal to the manufacturer.

Supply Chain Planning Software 345

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 345

Logistics Viewpoints

DECEMBER 12, 2022

This manufacturer produces plastic reusable material handling containers and plastic fuel tanks. They also are also one of the largest distributor in the US of tools, equipment and supplies for the tire and wheel service industry. Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company.

Supply Chain Planning Software 222

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Manufacturing Procurement 222

Supply Chain Shaman

DECEMBER 28, 2020

Let’s Be Customer Centric. The first story is about a large regional food manufacturer. The second story is about a regional beverage manufacturer. In short, his vision of an end-to-end supply chain was transactional: better processing of order-to-cash and procure-to-pay. Help Me Improve Customer Service.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Supply Chain Shaman

SEPTEMBER 27, 2021

The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Procurement processes–encumbered by a focus on paperless processing, RFPs/RFQs, and efficient procurement–do not embrace the capabilities and requirements of direct material sourcing.

Supply Chain Planning Software 336

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 336

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. Customer service is falling short, and orders are either being delayed or missed altogether.

Optimal Sourcing 52

Optimal Sourcing Forecasting Scenario Planning Manufacturing Procurement 52

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. This is particularly true in the food manufacturing industry, which characteristically has a high volume of products stored, and an urgent need to fill existing client orders to match ongoing consumer demand.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

Supply Chain Shaman

JANUARY 31, 2022

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Manufacturing equipment lead times were 19 months. Focus on Cost.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

OptiProERP

JUNE 14, 2022

For manufacturers, it’s critical to have a sharp eye on what is happening both with customers and across the company to keep moving in a positive direction. Below are six reasons manufacturers benefit from using ERP to achieve unified business insight. Give Customers a Great Experience. Knowledge is powerful. Industry 4.0

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Optimization Software Demand Planning Software 52

Supply Chain Shaman

OCTOBER 13, 2022

Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. The gap between logistics and procurement; and logistics and customer service increases process latency. These results herald upcoming issues for future manufacturing reporting earnings calls.

Supply Chain Planning Software 221

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 221

ToolsGroup

DECEMBER 17, 2020

We saw this right at the start of the pandemic, when parts being manufactured in Wuhan province disrupted car manufacturers’ production lines around the world. How supply chain disconnections disrupt service. Common disconnects like these ultimately translate to high supply chain costs and poor customer service.

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 275

Supply Chain Shaman

FEBRUARY 7, 2022

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Manufacturing equipment lead times were 19 months. Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

JUNE 1, 2022

I work with a group that has a sub-team focused on cost, one on customer service, and one on inventory, but lack alignment on a standard definition of supply chain excellence. The organization with deep manufacturing “roots” automated factories and trucks but did not align make, source, and deliver together.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 195