ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

DELMIA Quintiq

SEPTEMBER 14, 2023

Medical Device manufacturers face an increasingly dynamic and intricate landscape. Innovative personalized manufacturing approaches have emerged, yet many organizations struggle to fully realize their potential in this rapidly evolving race.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. According to SYSPRO Research 70% of manufacturing businesses experienced material handling and supply chain disruptions during the pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

SYSPRO Smarter ERP

JULY 12, 2022

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Strategic sourcing with Cloud ERP.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 105

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. According to SYSPRO Research 70% of manufacturing businesses experienced material handling and supply chain disruptions during the pandemic.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

Logistics Viewpoints

JUNE 29, 2023

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Make to Order: Here, products are manufactured based on specific customer orders.

Manufacturing Procurement 209

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 209

DELMIA Quintiq

JUNE 9, 2020

Global manufacturing today faces significant operational challenges. Companies that were unable to meet these challenges have been left behind (for example, in High Tech think Blackberry and Compaq). How should manufacturers adapt to meet the challenges and shift from product-centric to customer-centric operations?

Manufacturing Procurement 272

Manufacturing Procurement Optimization Software Supply Chain Optimization Price Mitigation Strategies 272

SYSPRO Smarter ERP

JANUARY 12, 2022

Procurement in manufacturing companies is often not done correctly. With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

SYSPRO Smarter ERP

SEPTEMBER 25, 2024

Although not a new concept, the technology has been slow to penetrate manufacturing in part due to the age and size of the systems in use for managing these processes. As manufacturers and industry changes and frows, it is critical that the systems of record and engagement have the flexibility to keep pace.

Supply Chain Design Software 98

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

Enterra Insights

JANUARY 6, 2023

We all know the storyline that insists advanced economies have moved on from the Industrial Age to the Digital Age and have become service-focused rather than a manufacturing-focused. ” Santhanam is one of a trio of co-authors who have labeled this manufacturing resurgence the “Titanium Economy.” ”[4].

Manufacturing Procurement 130

Manufacturing Procurement Manufacturing South Carolina Pricing Training 130

RFgen

AUGUST 7, 2024

The manufacturing processes behind aerospace components and systems are highly intricate, demanding precision, innovation, and robust quality controls. This piece examines the hidden mechanics of aerospace manufacturing, shedding light on the methods and materials used to produce aircraft and spacecraft.

Aerospace 88

Aerospace Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 88

Enterra Insights

FEBRUARY 22, 2022

The manufacturing sector covers such a broad spectrum of products and processes that any discussion about industry trends must take place at a very high level. One of the megatrends that has been driving manufacturing for over a decade is digitization. Manufacturing Trends. And the manufacturing sector overall looks strong.

Manufacturing Procurement 130

Manufacturing Procurement Trends Manufacturing Predictive Analytics Software 130

SYSPRO Smarter ERP

OCTOBER 9, 2023

The Asia-Pacific region has one of the largest number of fabricated metals manufacturers in the world. Many governments are also offering incentives for manufacturers to invest in energy-efficient solutions. Manufacturers are also increasing automation on the shop floor, partly due to a shortage of skilled labor.

Manufacturing Procurement 111

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Quality 111

SYSPRO Smarter ERP

SEPTEMBER 27, 2022

In the drive to digital transformation, manufacturers are relying more and more on digital solutions such as ERP to increase visibility and transparency across the supply chain. Similarly, the companies implementing these solutions need to ensure that they are able to source and retain skilled resources themselves. Plan ahead.

Manufacturing Procurement 111

Manufacturing Procurement Buyer Training Meeting Manufacturing 111

ivalua

NOVEMBER 8, 2022

US Government Passes the CHIPS Act to Increase Semiconductor Manufacturing and Research. The CHIPS Act was created in response to pandemic-induced shortages of semiconductors and other critical manufacturing supplies, causing widespread disruption to supply chains across the country. . Part A: Manufacturing in the U.S.

Manufacturing Procurement 223

Manufacturing Procurement Manufacturing South Korea Supply Chain Planning Software 223

SYSPRO Smarter ERP

APRIL 22, 2024

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. These features can save you a ton of time and hassle in meeting financial reporting requirements.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Supply Chain Planning Software Optimization Software 105

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 79

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 79

The Logistics of Logistics

JANUARY 13, 2023

Trey is the Co-founder and CEO at Amplio , an Atlanta based tech firm that predicts and prevents material and parts shortage for companies in the electronic manufacturing space. Trey Closson is the Co-founder and CEO at Amplio, an Atlanta based tech firm builds supply chain resilience for electronics manufacturers. About Trey Closson.

Manufacturing Procurement 184

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 184

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

SYSPRO Smarter ERP

FEBRUARY 17, 2022

Their purchases are often strongly determined by nutritional value, packaging, and shelf-life. The food and beverage industry is the most important player in South Africa’s manufacturing industry, contributing approximately R85 billion a year to South Africa’s manufacturing sector. Traceability and product recalls.

Manufacturing Procurement 105

Manufacturing Procurement South Africa Manufacturing Beverage 105

Logility

APRIL 17, 2023

As a manufacturing leader, you’re faced with constant disruptions, labor shortages, and the threat of job loss — time is of the essence. In this article, we’ll discuss the importance of technology investment in manufacturing, highlighting the three areas where manufacturers need to invest.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 130

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

Supply Chain Game Changer

AUGUST 22, 2022

In today’s business climate, many companies are grappling with the decision of whether to manufacture their products locally or overseas. With the global pandemic changing so much in the world, that discussion around global and local manufacturing has become even more complex. Where are your suppliers? Count the cost.

Manufacturing Procurement 107

Manufacturing Procurement Manufacturing Global Modeling 107

SYSPRO Smarter ERP

OCTOBER 11, 2021

There is a belief that manufacturing is a mechanical process with not much thinking involved. While this is wrong for manufacturing in general it is especially wrong for process manufacturers – companies that produce food and beverages, paints, chemicals, pharmaceuticals, and cosmetics. What is process manufacturing?

Manufacturing Procurement 119

Manufacturing Procurement Manufacturing Supply Chain Planning Software Purchasing Skills 119

SYSPRO Smarter ERP

APRIL 26, 2023

For manufacturers that have grown up from a small business, with a handful of employees and few customers, to one with many staff and customers, there comes a time when the business software needs of the company have to be re-evaluated. Here are ten reasons how an ERP system can help manufacturers.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Optimization Software 98

Logistics Viewpoints

OCTOBER 23, 2023

The discipline has done a good job of driving collaboration between sales and marketing and manufacturing, procurement, and logistics. Because procurement is a major theme of the conference, I could not help but talk to the top executives of this business unit about the new Elon Musk biography.

Manufacturing Procurement 292

Manufacturing Procurement Supply Chain Design SAP Procurement 292

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

QAD

JULY 16, 2024

Staying on top of global Unique Device Identification (UDI) regulatory compliance can improve outcomes for both patients and medical device manufacturers The U.S. However, the GUDID is fairly established, and by now, most manufacturers are aware of submission requirements, while EUDAMED is constantly evolving.

Manufacturing Procurement 86

Manufacturing Procurement Manufacturing Global Supply Chain Design Software 86

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 104

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 104

SYSPRO Smarter ERP

AUGUST 2, 2023

As members of one of the most highly regulated industries in the world, medical device manufacturers face numerous challenges. From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

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

ivalua

NOVEMBER 23, 2020

Healthcare Procurement: Why the Healthcare Industry Needs to Modernize Supply Chains to Meet Today’s Challenges. hospitals use the combined purchasing power of group purchasing organization, or GPOs, to save money. hospitals use the combined purchasing power of group purchasing organization, or GPOs, to save money.

Manufacturing Procurement 130

Manufacturing Procurement Negotiating Skills Purchasing Skills Negotiate Pricing 130

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

SYSPRO Smarter ERP

MAY 23, 2022

Manufacturers are heavily reliant on an effective workflow process to meet the requirements for ever changing customer needs, sustaining productivity levels and to thrive through continuous supply chain disruptions. ERP helps ensure that stocks replenished as and when orders arrive so that manufacturing can continue uninterrupted.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Inventory Management Software Optimization Software 105

QAD

MARCH 23, 2023

Today, the choice for CPG manufacturers and supply chains is clear: future-proof with digital manufacturing technologies that can meet the customer where they are or be left behind. many businesses are left with a supply chain and manufacturing ecosystem that looks – and functions – a lot different than it used to.

Manufacturing Procurement 98

Manufacturing Procurement Manufacturing Agile and Lean Supply Chain Purchasing Skills 98

Arena Solutions

APRIL 4, 2023

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

Manufacturing Procurement 98

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 98

SYSPRO Smarter ERP

JULY 19, 2022

Manufacturers are facing a unique set of constraints and efficiency has never been more important to the industry than now. However, manufacturers can only reap those benefits if they implement the right processes to enable this approach and embrace a strategy of continuous improvement. What is lean manufacturing?

Manufacturing Procurement 105

Manufacturing Procurement Agile and Lean Supply Chain Lean Waste Reduction 105