ToolsGroup

APRIL 1, 2022

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Increased Prices Resulting from Shortages and Supply Chain Issues. Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Source: Consultancy.UK. Image source: Fortune.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 218

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 218

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What are its advantages and disadvantages?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

OptiProERP

JANUARY 17, 2023

Manufacturers need specific functionality to run their businesses effectively. Let’s examine what ERP functionality is critical for discrete manufacturers. If you don’t, you could miss shipping deadlines, which would impact your customers and your reputation. The key area for a manufacturing company is its shop floor.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Manufacturing Negotiating Skills 52

Enterra Insights

NOVEMBER 20, 2018

The rise of e-commerce and the consumer digital path to purchase has been a nightmare for some retailers from which they can’t awake. consumers plan to do at least 40% of their shopping from D2C companies in the next five years, and 81% say they’ll make at least one purchase from a D2C brand within the next five years.”

Pricing Training 100

Pricing Training Purchasing Training Procurement Analytics Modeling 100

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Ask manufacturing leaders what changes they plan to make in the next three years in the wake of the coronavirus pandemic, and they will likely say their use of technology will deepen as more and more players in their supply chains come to rely on digital connections for daily interactions. Talent gaps: ? Legacy systems:? Managing Inventory.

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. We have heard that there is a focus on near-shoring, reshoring, and local manufacturing.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Unleashed

OCTOBER 12, 2022

In this ERP pricing guide: Quick recap: What is ERP? All critical business systems can be integrated by ERP, from payroll and HR to inventory management, customer relationship management, purchasing, sales, shipping and more. – Training. How much of a deal you can negotiate. Change management. Data migration.

Purchasing Skills 98

Purchasing Skills Negotiating Skills Inventory Management Software Pricing Training 98

Locus Robotics

MARCH 9, 2023

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. In some settings, IoT devices can detect defects and notify staff of quality control issues.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

Precoro

MARCH 22, 2023

Such an interruption can affect any of the supply chain steps, often involving sourcing of raw materials, production, and distribution of goods or services. While the worst of the pandemic appears to be behind us, COVID-19's impact on manufacturing supply chains continues to reverberate the landscape.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Disruption Supply Chain Planning Software Material Savings 52

BlueYonder

NOVEMBER 10, 2023

The wholesale distribution and manufacturing (WD&M) landscape is entering a new era. AI-infused inventory and order management is the way forward for wholesale distributors and manufacturers hoping to bridge the supply-demand gap and meet and exceed their customers’ new B2B omni-channel expectations.

Manufacturing Procurement 87

Manufacturing Procurement Optimal Sourcing Real-time Visibility Demand Planning Software 87

USC Consulting Group

MARCH 27, 2023

What’s on the road ahead for consumer goods manufacturing? Here are some trends affecting the consumer goods manufacturing industry today: Consumer Goods Manufacturing Trends Challenges remain on the road ahead, but the ride is getting smoother. Prices are rising. Supply chain woes. Geopolitical instability.

Consumer Goods 40

Consumer Goods Manufacturing Procurement Six Sigma Purchasing Skills 40

Unleashed

AUGUST 28, 2023

The cost of sales metric is most commonly used in the retail and eCommerce industries, whereas manufacturing businesses typically calculate profitability using the cost of goods sold formula instead. It includes employee wages and any shipping costs of the finished product. It only relates to those products you have sold.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Cost Reduction Strategies Examples 52

Logistics Bureau

APRIL 20, 2020

COVID-19 and the Future of China Sourcing and Manufacture. But global dependence on Chinese manufacturing is mind-boggling…. But global dependence on Chinese manufacturing is mind-boggling…. Alternative Manufacturing Hubs: Asia’s Promise. Factors That Could Complicate Departure From China.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies China Material Savings 52

Logistics Viewpoints

JULY 27, 2021

As driver pay increases, so does the incidence of drivers jumping ship, switching companies for the next best payday. What’s more, bots don’t require paychecks, benefits, vacations, training or other workforce overhead. Knowing the details will equip you to either negotiate or hold tight based on facts. Curiouser and Curiouser.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 246

Unleashed

JUNE 11, 2024

ERP systems are typically used in the manufacturing, distribution, retail, and healthcare sectors – though they may be found in other industries as well. One solution may focus on features useful to manufacturing firms , while another could be tailored to the needs of hospitals and healthcare centres. What is MRP software?

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Procurement Solutions Supply Chain Planning Software 52

Logistics Viewpoints

JULY 26, 2024

based carrier’s role in Mexico as nearshoring manufacturing trends drive more cross-border trade. Global supply chains are shifting, Mexico’s role in global trade is growing, and Mexican small and medium enterprises and manufacturing sectors are looking for reliable access to the U.S. And now on to this week’s logistics news.

Logistics Network Optimization Software 226

Logistics Network Optimization Software Logistics Rail Software Long Beach 226

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

QAD

MARCH 5, 2020

I think that many companies, especially in the manufacturing world, have come to mistake the “blind task” or “haircut” cost-cutting approach for transformation. If Company A buys Company B as a cost synergy play, what do they need to do? It’s Easy to Mistake a Cost-Cutting Approach for Transformation.

Vendor Strategies 145

Vendor Strategies Cost Reduction Strategies Waste Reduction Price Reduction 145

TransAudit

NOVEMBER 9, 2022

Understanding the impact of international conflict on supply chains won’t settle global disputes, but it can empower you to make time- and money-saving adjustments to your shipping procedures. Many nations are dependent on other parts of the world for the fuel to power their ships, trucks and planes. Fuel Costs. Political Decisions.

Negotiating Skills 85

Negotiating Skills Pricing Training Supply Chain Planning Manufacturing Procurement 85

Synovos

JANUARY 16, 2024

For every purchased spare part there are potential challenges around lead time, parts availability, pricing, invoicing, quantity, quality, and more. Incorrect weights and measures and packaging sizes, redundant suppliers, simple typing errors, incorrect ship to addresses, all slow down the ordering process.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software 52

Synovos

JANUARY 16, 2024

For every purchased spare part there are potential challenges around lead time, parts availability, pricing, invoicing, quantity, quality, and more. Incorrect weights and measures and packaging sizes, redundant suppliers, simple typing errors, incorrect ship to addresses, all slow down the ordering process.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 52

Synovos

JANUARY 16, 2024

For every purchased spare part there are potential challenges around lead time, parts availability, pricing, invoicing, quantity, quality, and more. Incorrect weights and measures and packaging sizes, redundant suppliers, simple typing errors, incorrect ship to addresses, all slow down the ordering process.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 52

Jaggaer

OCTOBER 14, 2024

Does today’s rise in category complexity increase the delays, complications, and headaches in your procurement operations? Complexity has become a significant concern in the world of procurement. Another example is the complexity that emerges when manufacturing requires a rare metal—something Rob Anthony has experienced in the past.

Boston 52

Boston Negotiating Skills Price Reduction Cost Reduction Strategies 52

Supply Chain Matters

AUGUST 21, 2023

They further point to changed online buying trends. The company recently restarted a shipping service for hosted retail companies that was suspended during the Covid-19 pandemic. The retailer indicated increased market share in groceries as shoppers seek lower costs in food purchasers in the current period. percent to $24.9

Pricing Training 52

Pricing Training Purchasing Training Inventory Reduction Expense Reduction 52

Unleashed

AUGUST 15, 2024

We’ll look at the features, pros and cons, and pricing for each solution to ensure you make the right choice for your business. The case for Zoho Inventory alternatives Zoho Inventory can be a useful tool for managing stock and purchasing, but it’s not suitable for every business. Mintsoft: Best for eCommerce and third-party logistics.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 52

RFgen

APRIL 12, 2024

To start with, inventory costs go beyond the initial purchase price of goods. Hidden costs may accumulate after purchase if not meticulously monitored and managed. Even the initial purchase of inventory triggers a cascade of additional expenses, like shipping, handling, taxes, and so on.

Inventory Reduction 78

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 78

ThroughPut

MAY 23, 2024

The Bullwhip Effect is a phenomenon where slight fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesale, distributor, and manufacturer levels. Order Batching Companies often place orders in batches to optimize shipping costs or meet budget constraints.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Price Reduction 52

Enterra Insights

AUGUST 2, 2019

He was hired as a purchasing agent and was directed to obtain some procurement training at a local certificate mill.[1] 1] “During the first few hours,” he writes, “we went over the pertinent areas of a purchase order. Two-day or same-day shipping is becoming the norm.

Optimal Sourcing 100

Optimal Sourcing Manufacturing Procurement Logistics Network Optimization Software Logistics 100

Talking Logistics

OCTOBER 29, 2013

You could answer them with a purchase order (P.O.) You write an RFQ, screen candidates, create a short list, select the provider, and negotiate service requirements and a cost structure. Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. Commit to systems and process training. Sourcing uses P.O.

Pricing Training 143

Pricing Training Purchasing Skills Purchasing Training Supply Chain Planning Software 143

Supply Chain Shaman

OCTOBER 13, 2022

While shipping craziness is abating, the issues and implications of the Russian-Ukrainian war, energy shortages in China and Europe, food instability in Africa, and the global water crisis reverberate as disruption after disruption in the supply chain. 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

Logistics Viewpoints

DECEMBER 16, 2022

The legislation, which is entitled the National Development Strategy and Coordination Act of 2022, would require Cabinet-level agencies to identify weaknesses in supply chains that could impact national security and domestic manufacturing. As a result, Amazon said Friday that it has a plan to kill the barcode. FedEx Corp.

Logistics Network Optimization Software 222

Logistics Network Optimization Software Costa Rica Logistics Forecasting 222

Unleashed

JUNE 26, 2024

It connects inventory management with related functions, such as purchasing and customer management, to enable a unified platform for operations. In addition to real-time inventory management, most tools also provide functionality for managing purchase orders , integrating sales, and storing customer information.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

EMERGE App

APRIL 5, 2024

But there is one thing you must be sure of before choosing to set up a warehouse in another country: the warehouse price must be reasonable. Price element As a wholesale distribution and trading owner, you might think going after cheap pricing will win the market. So the advice is do not follow the cheap price unconsciously.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail. Another important aspect of logistics is time.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Supply Chain Action Blog

FEBRUARY 25, 2021

In most manufacturing firms, the largest single expenditure of cash is for the acquisition of raw materials and their transformation and distribution , namely, the cost of goods sold. Manufacturing and distribution operations would be paralyzed and servicing customers effectively would be precluded by such a bureaucratic approach.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Pricing Training 52

Enterra Insights

APRIL 18, 2019

Gone are the days when a consumer decides they need something and their only choice is to head to the store to buy it. Even when a consumer concludes making an in-store purchase is their best option, they are likely to have used their smartphone to search for other options or to compare prices. Customer service.

Omnichannel 100

Omnichannel Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 100