TransAudit

MAY 14, 2024

In today’s interconnected global economy, supply chain disruptions have become a prevalent challenge for businesses across various sectors. These disruptions, broadly defined as a business’s inability to receive, produce, ship, and sell products, can have far-reaching consequences.

Supply Chain Disruption 81

Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software Cost Reduction Strategies 81

Supply Chain Shaman

APRIL 18, 2023

In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. While many might clap their hands and exclaim the end of three-years of unprecedented supply chain disruption, I say, “Not so fast.” Over the past three years, supply chain cycles shifted.

Supply Chain Planning Software 390

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 390

QAD

APRIL 13, 2023

While Contract Pharma & BioPharma manufacturers continue to experience an increase in demand for more projects, new challenges are emerging from nearly every angle including new regulatory and quality requirements, workforce shortages and of course, supply chain disruptions. is likely to reach 2.1

Pharmaceutical 98

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 98

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 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

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Why Is Purchase Price Variance Important?

Purchasing Skills 83

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 83

Silvon Software

APRIL 18, 2024

Across the globe, manufacturing businesses are navigating economic uncertainties with increasing sophistication. Here’s a quick glimpse at how: Automated Data Integration : AI can automate the integration of data from multiple sources, recognizing and aligning similar data fields automatically.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Logistics Viewpoints

OCTOBER 28, 2024

While 87% of supply chain leaders say their organization has made significant investments to improve supply chain resiliency, 19% admit that today they are unprepared to face supply chain disruptions due to supply shortages. “To net promoter score or similar metric) as a supply chain KPI.

Supply Chain Execution 224

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SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 105

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

SYSPRO Smarter ERP

APRIL 17, 2023

The manufacturing industry is currently undergoing a rapid digital transformation, and as a result, companies are generating vast amounts of data. In this blog post, we will explore how manufacturers can leverage this technology to achieve data-driven success. This enables managers to take swift action and keep production on track.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Analytics Software Predictive Analytics Software 98

SYSPRO Smarter ERP

APRIL 11, 2022

Over the last decade, the role of the manufacturing and distribution CFO has undergone a profound shift. survey , 57% of manufacturing CFOs agree that proficiency and knowledge to create an effective plan to operationalize and transition the business into a digitalized and automated manufacturer is the most critical factor globally.

Manufacturing Procurement 105

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Synovos

OCTOBER 30, 2023

In one case, a long-time packaging manufacturer changed its reporting structure, putting in place a new manager responsible for the MRO supply chain. It opened the door for the introduction of continuous improvement, as well as cost avoidance opportunities at three client sites, including two that RS Integrated Supply staffs.

Material Savings 105

Material Savings Manufacturing Procurement Packaging Vendor Strategies 105

Supply Chain Opz

JULY 7, 2013

Supply Chain Disruptions: A Survival Guide. Do you feel supply chain risk management is too complicated to implement? This article will show you how one of the worlds leading companies put a theory into practice and survive many supply chain disruptions. Gather around! Literature Review.

Supply Chain Disruption 170

Supply Chain Disruption Supply Chain Strategy Manufacturing Procurement Supply Chain 170

RFgen

MARCH 20, 2023

Key Takeaways: Inventory control involves the management of products and services across the supply chain, ensuring the right amount of product at the right time. Integrating purchasing and inventory control is critical for forward planning and forecasting in today’s economic climate. Essential to this process is purchasing.

Sourcing Strategies 52

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Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. Inflation, pandemics, railway strikes, adverse weather events – the supply chain disruptions keep on coming.

Supply Chain Design Software 262

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 262

Unleashed

NOVEMBER 20, 2023

Supply chain optimisation helps manufacturing businesses drastically reduce operational costs to improve revenue and customer satisfaction. In our latest Supply Chain Roundtable, four experts share their advice and experience around optimising the manufacturing supply chain.

Manufacturing Procurement 52

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ToolsGroup

APRIL 1, 2022

How the Supply Chain Crisis is Impacting Businesses and Consumers. 66% of consumers are concerned that supply chain issues will never end ( Chain Store Age ). 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

SYSPRO Smarter ERP

MARCH 2, 2022

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. Risk management.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

Logistics Viewpoints

FEBRUARY 2, 2024

Teradyne , a supplier of semiconductor testing equipment, pulled manufacturing worth about $1 billion out of China last year, a Teradyne spokesperson said on Monday, after U.S. export regulations led to supply chain disruptions. percent year-on-year decline in cargo ton miles to 1.8bn, although this metric increased by 9.5

Cost Reduction Strategies 267

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 267

USC Consulting Group

NOVEMBER 2, 2021

Supply chain disruptions have been a major challenge for manufacturers, and show no signs of abating. Here, David Newman, Supply Chain Practice Leader for USC Consulting Group, shares his insights into this pressing issue and offers tactics manufacturers can use to mitigate disruption risks.

Supply Chain Disruption 52

Supply Chain Disruption Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

Unleashed

NOVEMBER 16, 2022

New manufacturing data has revealed which industries and nations are leading the way in the post-pandemic economic recovery – and the tactics they’re using to beat supply chain disruption. The average price paid for goods purchased. Fulfilment days – the period between receiving and fulfilling an order.

Manufacturing Procurement 52

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Logistics Viewpoints

JANUARY 23, 2024

The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers. The data is all anonymous, but retailers can look at metrics such as time to fulfill, pack time, conversions, and ship versus pick-up, to name a few, across hundreds of Active Omni customers.

Supply Chain Planning Software 241

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 241

QAD

MARCH 9, 2023

The COVID-19 pandemic exposed vulnerabilities in supply chains around the world and the dust has never settled. Positive cases have been on a downward trend but supply chain disruption shows no sign of slowing down. How Have Global Supply Chains Changed Since the Pandemic?

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 98

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

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Logistics Viewpoints

APRIL 26, 2021

For example, a vaccine manufacturer increased their order size by a factor of four in one weekend; a video call company wanted to receive ten times as much product as they initially forecast with just a month’s lead-time. Demand uncertainty does make it much more difficult for a supply chain to respond to customers’ orders.

Supply Chain Design Software 221

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Czech Republic 221

Unleashed

AUGUST 20, 2023

If a manufacturer has to wait an extra day for raw materials to arrive, they might lose a customer. Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. Let’s dive in.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Logility

APRIL 29, 2021

As global supply chains and procurement scrutiny become more and more complex, risks increase and the range of stakeholders who demand a compliant supply chain has increased from simply regulators to investors, providers, partners, consumers, and the media.

Optimal Sourcing 199

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 199

Kinaxis

AUGUST 29, 2014

Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. Notice in the Supply Chain Insights report, there are only two HDD companies. Semiconductor is poised to consolidate, which will have huge impact on the metrics.

Metrics 171

Metrics Supply Chain Planning Software Manufacturing Procurement Thailand 171

Unleashed

OCTOBER 16, 2023

Every manufacturer knows the importance of raw materials – without them, there’s no final product. Raw material inventory management oversees the procurement, handling, and storage of raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Let’s dive in.

Inventory Management Software 52

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Jaggaer

OCTOBER 24, 2024

The Art of Supplier Collaboration: Best Practices to Build Lasting Partnerships Dynamic market changes and global events seem to create newer demands and greater pressure on procurement professionals. This is especially important for manufacturers of luxury goods, for example.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Strategies Inventory Reduction Resource Reduction 52

Logistics Viewpoints

APRIL 4, 2022

Not surprisingly a company this big, delivering different solutions to a variety of industries, has a complex supply chain. They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion. Customization is provided for 5 different supply chains (for example, make-to-order, make-to-stock, etc.)

Supply Chain Transformation 216

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 216

Logility

JANUARY 4, 2022

a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced a partnership with Planalytics, Inc. We are excited to help businesses better manage supply chains by operationalizing weather impact analytics within their Logility solutions,” said Scott Bernhardt, president, Planalytics.

Supply Chain Planning Software 130

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SCMDOJO

OCTOBER 30, 2024

Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects. For example, a student might work on a project that involves analyzing sales data to predict future product demand, thereby learning how to adjust procurement strategies accordingly.

Supply Chain Planning Software 92

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 92

NC State SCRC

OCTOBER 26, 2021

Major supply chain disruptions due to weather related incidents are on the rise, and one can’t dismiss these as a “once in a century” event any more. The shortages in PVC and other materials are even shutting down automotive production lines, as well as other manufacturers that I’ve been speaking with.

Supply Chain Disruption 52

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The Logistics & Supply Chain Management Society

MAY 18, 2021

The sudden onset of Covid-19 only reinforced what supply chain professionals had already realized: uncertainty is the only real certainty. In their time lean manufacturing and just-in-time were game-changing concepts. A new hyper-focus to meet customer expectations is creating pressures upstream in the supply chain.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

Unleashed

NOVEMBER 2, 2023

A production schedule can help you bring down manufacturing costs and maximise efficiency during the production process. A production schedule is a project plan detailing the scheduled timeline for goods to be manufactured. Its goal is to ensure goods are manufactured with maximum efficiency, on time and within budget.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

Supply Chain Shaman

OCTOBER 25, 2021

Manage Make, Source, and Deliver Together. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Leaders are blind that the most efficient supply chain (lowest cost) is not the most effective. Figure 1: Current State of a Global Manufacturer of White Goods. All are out of balance.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195