Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 203

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 203

Supply Chain Shaman

JANUARY 7, 2025

” Traditional planning models optimize functional processes to improve cost and customer service. For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? You are right. This work was expensive.

Optimal Sourcing 326

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 326

Logistics Viewpoints

JUNE 29, 2023

However, recent disruptions have highlighted the vulnerabilities of these complex networks, resulting in significant financial losses for companies. It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks.

Manufacturing Procurement 196

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 196

Logistics Viewpoints

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. It can be used to solve a wide variety of supply chain problems. But it has gaps.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 246

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

Supply Chain Shaman

MAY 26, 2023

The basic frame of supply chain planning–functional taxonomies for optimization on a relational database–must be redesigned before supply chain leaders can reap the benefit of deep learning, neural networks, and evolving forms of Artificial Intelligence (AI). Graph architectures also use different optimization technologies.

Optimal Sourcing 341

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 341

Supply Chain Shaman

NOVEMBER 11, 2020

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. Kinaxis Purchase of Rubikloud. The Rubikloud acquisition was a $60M cash purchase. Elemica Purchase by Eurazeo.

Supply Chain Design Software 302

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 302

Supply Chain Shaman

FEBRUARY 1, 2024

Optimization engines to improve functional metric performance resulted in an exploding number of planners. I would prefer for companies to invest in the building of outside-in processes, supply chain design capabilities, and network automation. Contract Manufacturing Signal Latency. days to receive a purchase order confirmation.

Supply Chain Planning Software 340

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 340

Logistics Viewpoints

JANUARY 6, 2025

Molex implemented a multi-enterprise supply chain network platform from SAP called SAP Business Network. The most common form of trading partner collaboration is purchase order collaboration. The most common form of trading partner collaboration is purchase order collaboration. But getting there was not easy.

Supply Chain Transformation 210

Supply Chain Transformation Supply Chain Software Purchasing Training Supply Chain Network Software 210

GlobalTranz

FEBRUARY 27, 2018

Procurement must never be an afterthought in any enterprise. Manufacturers need to have the right raw materials and supplies available. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement.

Manufacturing Procurement 166

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 166

Logistics Viewpoints

MAY 19, 2022

Supply chain optimization has also improved in significant ways that can address these trade-offs better than before. Operational innovations like the invention of containers led to the huge growth in global value chains, and today 95% of manufactured goods move on ships. Supply chain optimization for today’s realities.

Optimal Sourcing 246

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 246

DELMIA Quintiq

SEPTEMBER 22, 2021

An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. Types of inventory that can be optimized.

Inventory Management Software 294

Inventory Management Software Inventory Reduction Inventory Management Optimal Sourcing 294

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

AUGUST 9, 2024

Leveraging advanced technologies like AI, machine learning, and real-time tracking can enhance visibility, optimize routes, and improve overall supply chain efficiency. Reducing reliance on single suppliers and diversifying supply sources can mitigate the impact of disruptions in specific regions or industries.

Supply Chain Planning Software 251

Supply Chain Planning Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Software 251

Logility

MAY 25, 2022

Manufacturing capacity is severely diminished. Now more than ever, the conventional silos of planning, sourcing, and procurement teams must be connected into one cohesive network. A digital supply chain platform enables these interactions between planning, sourcing, and procurement ? Let’s face it ?

Optimal Sourcing 130

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

Supply Chain Shaman

JUNE 16, 2014

In my work on the Supply Chain Index , I see that companies I recognize as doing network design well are rising faster on the list of the Supply Chain Index work. The network design technologies have changed a lot in the last decade. (I These tools allow us to look at sell, source, make, and deliver together.

Supply Chain Design Software 286

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 286

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. China was the source of over 90% of PPE.) This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain. Pre-pandemic Inventory Optimization Satisfaction.

Supply Chain Planning Software 439

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 439

Logistics Viewpoints

AUGUST 23, 2021

Networks Have Fistinct Advantages. Companies “seeking to increase data sharing and collaboration across their supply networks have faced three principal hurdles.” Supply Chain Collaboration Networks are a Key Technology. The LevaData solution, for example, speeds up sourcing significantly. 20 Things to Know About SCCN.

Optimal Sourcing 286

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Modeling Software 286

Supply Chain Shaman

JUNE 9, 2023

The discussions included the pros and cons of probabilistic versus deterministic optimization, advancements in Artificial Intelligence (AI) and Deep Learning, and improvements in Machine Learning. Each box has an optimizer that drives output from a model based on a functional definition using enterprise data. My response is a big YAWN.

Optimal Sourcing 305

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 305

Supply Chain Shaman

SEPTEMBER 17, 2014

There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. What percentage of retail out-of-stocks could be prevented by the manufacturer in these industries? This is an unknown, but in my opinion, 65% of the solution is in the hands of the manufacturer.

Optimal Sourcing 302

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 302

Logistics Viewpoints

DECEMBER 14, 2023

And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. By identifying these gaps, you can create sourcing events to close them.

Supply Chain Design Software 250

Supply Chain Design Software Optimal Sourcing Modeling Supply Chain Planning Software 250

Supply Chain Shaman

JULY 1, 2014

CRM and SRM functionality did not fit the needs for manufacturing-based companies (CRM was too lightweight. And SRM functionality, while automating indirect procurement, did not address the larger needs to automate direct material purchasing for a manufacturer.) 4) CRM and SRM Will Be Redefined for Manufacturers.

Supply Chain Design Software 317

Supply Chain Design Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 317

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

Logistics Viewpoints

DECEMBER 12, 2022

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. Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 208

Logistics Viewpoints

MAY 16, 2022

ARC has done research and writing on supply chain collaboration networks. A supply chain collaboration network (SCCN) is a key technology for improved collaboration across an extended supply chain. Networked applications have distinctive advantages that other types of solutions lack. But something called ERP 4.0

Supply Chain Planning Software 230

Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization Supply Chain Planning 230

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 258

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 258

Logistics Viewpoints

MARCH 17, 2022

It is one of those high-end brands with global recognition, and to my surprise, the manufacturer’s own website did not have any stock and no indication on when it would be available. Network bottleneck identification. Network cost modeling. so I went online to order it. Response to disruptions.

Supply Chain Planning Software 293

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 293

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. Or planned orders to purchase orders?) I observed companies use the beer game as an educational tool or a social networking activity. Don’t limit your thinking to only the optimizers. Go to the source. Use the network design models to assess the market potential.

Supply and Demand 384

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 384

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Let’s take a look at the technologies that are making the biggest impact on supply chains around the world: Cloud technology and cloud-based commerce networks. Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Supply Chain Shaman

APRIL 17, 2013

Source Merriam-Webster Dictionary. And, should it be taken one step further to orchestrate bidirectionally market-to-market in market-driven value networks? The original principles of a value network that can sense, shape and translate demand with near-zero latency are being lost in the fog. The acronyms keep coming….

Supply Chain Design Software 258

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Supply and Demand 258

Supply Chain Shaman

JUNE 23, 2020

Let’s celebrate that over the last two years, there were four significant acquisitions by traditional supply chain planning providers to deepen analytics capabilities: 07/2018 JDA purchases Blue Yonder (Purchase price confidential.). Procurement and transportation operated as islands. This is no longer true.

Supply Chain Design Software 292

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 292

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

Logility

AUGUST 31, 2023

Leveraging the inventory planning and optimization solution from Logility , this well-established brand generates trend insights and supports a formal product review process, resulting in a 44% reduction in its SKU portfolio and more meaningful value for its customers. which helps us make smarter decisions with greater confidence.”

Consumer Goods 183

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 183

ToolsGroup

JANUARY 13, 2021

We’ve found our customers are urgently seeking ways to better plan around supply chain demand volatility and improve how they source materials and products from suppliers. Supply chains will get more regional and focus more on alternate sourcing/ substitution options. Companies will also look to shorten and localize supply chains.

Supply Chain Planning Software 272

Supply Chain Planning Software Predictive Analytics Software Supply Chain Planning Scenario Planning 272

Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products.

Prescriptive Analytics Software 207

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 207

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning.

Optimal Sourcing 174

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 174

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