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The Process of Software Selection. “We are considering the purchase of Blue Yonder, Logility, Kinaxis, o9, or OMP. How do you define excellence in planning? Companies that buy technologies from an RFP process have a high likelihood of ending up in this predicament. “Planning software selection is similar.
The Process of Software Selection. “We are considering the purchase of Blue Yonder, Logility, Kinaxis, o9, or OMP. How do you define excellence in planning? Companies that buy technologies from an RFP process have a high likelihood of ending up in this predicament. “Planning software selection is similar.
of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Despite spending 1.1%
During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. Lack of executive buy-in.
We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence?
Running a manufacturing business isn’t easy. That’s where a manufacturing ERP comes in. Manufacturing ERP (Enterprise Resource Planning) software integrates all your core business processes into one powerful platform. It’s a lot to handle. Let’s get started.
Each executive has a different perspective on the definition of supply chain excellence, but they are never discussed and aligned. His organization purchased an advanced planning technology from well-known best of breed provider, and the implementation should have been successful, but it was not. What Is The Ring of Fire?
For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? I also laugh when newer software players speak to me about autonomous supply chains or no-touch planning. You are right. The reason? What should we do?
Today, supply chain excellence matters more than ever. Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. They are impatient that they know more about pizza’s status for lunch before their zoom meeting than the inbound shipment status for their critical manufacturing run.
A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving.
In the process, there is a fine line between marketing hype and overpromising, making buying difficult. Yet, the models depict traditional supply chain software deployments. The key is that an excellent digital supply chain strategy starts with a clear goal rather than a list of technologies. Who has the best approach?
Your Comprehensive Guide to Production Planning Software The benefits of production planning software vs scheduling are about the granularity of the plan: capacity plans (or master production schedules) are not granular and factor in less granular things, like high level capacity, forecasts, inventory, and transfer times.
Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. He owned licenses of software planning from the ERP provider, and he believed that the ERP solution could not meet the specification. The volatile meat market changes daily.
<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchasedsoftware, but are dependent on Excel spreadsheets.
From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. Excellence in all these areas requires predicting demand, buying supplies, producing products promptly, and swiftly responding to market demand.
Commerce is global and regional at the same time, the world is getting smaller and more interconnected, and Consumer Packaged Goods (CPG) manufacturers operate in this build-anywhere and sell-anywhere market. End-to-end supply chain visibility, planning, and execution support software are critical in agile supply chain performance.
As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The initial software product release name was Real-Time Forecasting. There is greater dependency on third parties for manufacturing and sourcing. History of Terra Technology.
Procurement, also sometimes known as purchasing, is the group responsible for acquiring components, services, and other materials to manufacture a company’s products and to keep the operation running. Purchasing is also required to buy goods at the lowest possible price, consistent with quality and delivery needs.
Recent releases of Advanced Planning Solutions (APS) refined but did not transform initial software concepts. While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. Traditional planning is batch.
At Rockwell this includes all processes end-to-end except for manufacturing. From a manufacturing perspective, products vary significantly in complexity. Solutions, for example, can take from 12 to 16 weeks to manufacture. The company understands global manufacturers’ problems because they are one.
This manufacturer produces plastic reusable material handling containers and plastic fuel tanks. The Company operates eighteen manufacturing facilities, nine distribution centers located throughout North and Central America. At Dow, Mr. Baker had Purchasing experience in raw materials, and logistics for their plastics supply chain.
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. Working with fresh food.
At the end of a long day of a strategy session on supply chain excellence with a client, I needed to fill up some time in an agenda. This large food manufacturer used a popular technology to forecast monthly using orders as an input. The strategy day owner was a global process center of excellence leader. The result? Background.
It was funded by 50 large consumer products manufacturing companies (CPG). In the dawn of e-commerce, conservative manufacturers, anteed up $240 million in four months. While there is work within SAP to rethink SNC and use the assets purchased with Ariba to build multi-tier capabilities, the progress is not encouraging.
As your business grows, you supply chain software will need to expand. You may opt to organize your business into an independent third-party logistics provider (3PL), or you may want to purchasesoftware for tracking, monitoring, and processing all of your needs. 5 Pitfalls of Supply Chain Software Selection. #1:
They knew little about the software market. Last week, one of the last survivors from the software inventory optimization software market ceased to exist as a stand-alone software company. SmartOps was purchased by SAP. To use the software there needed to be a shift in understanding. It is no more.
I define supply chain excellence as year-over-year performance better than the peer group on this balanced scorecard. 06/2020 Kinaxis buys Rubikloud for 60M$. The analyst mindset is to track software evolution by taxonomy where like solutions are grouped, named and tracked. They did it. Examining The Current State.
He feels that based on his years of experience with a software provider, he has a whizzbang technology. Contract Manufacturing Signal Latency. In my last blog post, I shared insights on data synchronization between brand owners and contract manufacturing. days to receive a purchase order confirmation. Back to John.
In Figure 1, note the lowest satisfaction is Generation X (birth years of 1965-1980) in manufacturing organizations. Note that academics and employees of technology software companies have a statistically significant higher level of job satisfaction. In my share groups, large manufacturing clients have a Q1 freeze on travel.
Aptean is orchestrating the Blue Yonder/E2open/Infor playbook of buying undervalued assets and milking the maintenance and Software-as-a-Service contracts with existing customers. The Salesforce.com model is primarily a pipeline management tool suitable for discrete markets but not process manufacturers. I don’t think so.
However, what is clear from our recent study of 73 manufacturers using supply chain planning is that companies using best-of-breed solutions implement faster, achieve a quicker Return-on-Investment (ROI), and are more satisfied. Only Logility and American Software have the same name and business structure. Was it intentional?
As a developer working on the braking software of an automatic car for the past eight years, he constantly tells me that it is not easy, and all of the estimates are too waaaay too positive. The perspective of a manufacturing leader is quite different than that of a business leader in logistics. “ Reflection.
As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. I find three: organizational design, executive understanding of supply chain, and the lack of a clear definition of an optimization function for supply chain excellence. Clarity of Supply Chain Excellence.
As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. The question is, “Why?”
Data is a crucial component of digital transformation in the manufacturing sector. Many manufacturers aren’t maximizing the value from enriching data and missing out on opportunities to grow, optimize or manage risk. Here are 3 ways manufacturers can monetize data and increase efficiency: 1. Create new revenue models.
How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Therefore, manufacturers must continually look for new ways to improve the productivity and profitability of their operations.
The ways in which an enterprise software solution looks, feels and works for a user is increasingly crucial. Now that users have been influenced by their consumer experiences with innovative and digital technology, expectations have increased for their business software to provide a similar user experience (UX).
Here we provide an overview of the latest pet food industry trends, and answer the question: how can pet food manufacturers respond to changes in consumer demands to take advantage of these new trends? manufacturing had seen five years of consistent growth. manufactured?pet tended to buy their?pet pet food manufacturers?significantly
That is how enterprise and supply chain software solutions work. A company buys these solutions to optimize their business. Rich Sherman – a Senior Fellow in TCS’s Supply Chain Center of Excellence – points out that many companies are building control towers to better manage their supply chains.
Orders are up, business is booming, and your manufacturing operation is expanding. Benefits of ERP Systems to Manufacturers Increased Visibility An ERP allows for a holistic view of your operation. Ability to Optimize Across the Operation ERP software reaches almost every part of a business.
A best-in-class solution must also support your workflows and a full range of processes including purchase orders, forecasting, capacity and inventory collaboration as well as quality management and coordination around supply risk. He is passionate about the role technologies play in driving supply chain excellence and business growth.
During the Panel, I was asked to comment on the 5 leading factors that make a difference: A clear definition of supply chain excellence by leadership. Most of this middleware was Excel and Meetings. They failed to integrate software and watched other brands leverage digital content. Strong horizontal processes.
The attendees were sitting on the edge of their seats to hear about the next release of Llamasoft software. With the purchase of i2 by JDA, and Logictools by IBM, manufacturing companies serious about network design started looking for a company, with a well-established community, that was more serious about network design.
In 2015, I worked with a manufacturer of men’s underwear. (My Older men buy less underwear than younger males and their packaging was not as attractive to the female shopper buying for the family. The manufacturer had an infestation problem. Historically, the design of the data model drove software market positioning.
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