Kinaxis

DECEMBER 3, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Imagine that your child brings home their report card and it’s a mix of good and fair grades.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

USC Consulting Group

MARCH 27, 2023

What’s on the road ahead for consumer goods manufacturing? Economic uncertainty paired with rising costs. 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. Supply chain woes.

Consumer Goods 40

Consumer Goods Manufacturing Procurement Six Sigma Purchasing Skills 40

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

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

GlobalTranz

MARCH 23, 2016

The focus is to eliminate all wastes in the organization, improve processes, solve root cause problems, create a pull environment, and ensure that Lean Six Sigma (LSS) works for quality and daily problem solving using DMAIC (Define, Measure, Analyze, Improve, and Control) and PDCA (Plan, Do, Check, and Act). Why are we doing this?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Professionals in this field often find themselves venturing into manufacturing, IT, technology, ERP systems, and even commercial roles. Eight core competencies stand out, encompassing crucial aspects of SCM.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 98

Supply Chain Action Blog

JUNE 14, 2017

The reduction of lead times and lot sizes through lean in manufacturing has focused on reducing setup time to eliminate waiting and work-in-process inventory, as well as the frequent use of physical and visible signals for replenishment of consumption. The Importance of Six Sigma. Crucial Tradeoffs for Manufacturers.

Six Sigma 40

Six Sigma Inventory Reduction Agile and Lean Supply Chain Lean 40

Supply Chain Action Blog

JUNE 14, 2017

The reduction of lead times and lot sizes in manufacturing has focused on reducing setup time and the frequent use of physical and visible signals for replenishment. The Importance of Six Sigma. Six sigma pursues reduced variability in processes. Six sigma pursues reduced variability in processes.

Six Sigma 40

Six Sigma Inventory Reduction Agile and Lean Supply Chain Lean 40

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

SCMDOJO

DECEMBER 18, 2023

In the world of manufacturing and maintenance, effective spare parts management is essential for maximizing equipment uptime and reducing costs. It’s a smart guarantee that the right parts are easy to get, making sure equipment doesn’t stay idle for long and costs stay low.

Inventory Reduction 94

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 94

The Logistics & Supply Chain Management Society

JUNE 30, 2022

We managed the supply chain for China’s largest manufacturer with close to US$500m in logistics spend. At TVS SCS, I integrated six acquisitions into a single global brand, assembled a talented and dynamic executive and country leadership teams, and created a powerful global freight forwarding platform.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Supply Chain Software 130

Supply Chain Opz

JANUARY 29, 2020

Anyway, the access to this database costs an arm and a leg. Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. In short, Nielsen provides the point of sales data from various retail outlets and gross sales quantity will be summarized.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 100

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. The company has strategically invested in automated distribution centers, streamlining the flow of products from manufacturers to stores.

Inventory Reduction 98

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 98

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. In one article , Mr. Sorenson points out that IBP works better for small manufacturers than large ones. Dean Sorenson concurs. This will be done in a step-by-step manner.

Supply Chain Planning Software 267

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 267

synchrono

OCTOBER 18, 2016

Lean Manufacturing relies heavily on trusted relationships with suppliers and pre-negotiated terms of engagement. These reports give everyone in the supply chain information about how to focus their continuous improvement energies. Manufacturing operations utilizing Lean are increasingly implementing Pull systems with more suppliers.

Manufacturing Procurement 40

Manufacturing Procurement Agile and Lean Supply Chain Demand Planning Software Optimization Software 40

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 97

GlobalTranz

JULY 12, 2016

An effective measurement and reporting process can improve performance and provide warehouse cost savings. manufacturer adopted a work measurement program to gauge and report warehouse performance at the employee level. The facility increased productivity by 10 percent and reduced labor costs by 11.3

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

Requis

NOVEMBER 18, 2020

Today, as the founder and managing partner of USM Supply Chain Consultants she has put her expertise in supply chain, procurement, finance and project management to work to help her clients achieve greater profitability. In the end-to-end supply chain there’s procurement, logistics, operations, and warehousing.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

GlobalTranz

FEBRUARY 17, 2016

You can also place a blanket order with a supplier and manage releases versus taking in larger quantities to save costs. Purchasing can place the order and negotiate prices; Production Planning can release these items based on the latest Material Requirements Planning (MRP) report. Source: [link].

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Supply Chain Action Blog

FEBRUARY 18, 2021

When different functions of the business such as sales and manufacturing do not have harmonized goals, then inventory efficiency will suffer. This is one of the benefits of a functional Sales and Operations Planning or Integrated Business Planning process that is supported by shared and consistent metrics across business functions.

Inventory Management Software 40

Inventory Management Software Inventory Management Inventory Reduction Inventory 40

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

OptiProERP

MARCH 4, 2019

In our blog, “What is Intelligent ERP?” , we looked at the enablers of digital business: cloud, mobile technologies, analytics, the internet of things (IoT), big data, and machine learning, all leading to smart factories. Bar-code data on materials arriving can update the dataset before the purchase receipt has been processed.

Analytics Software 63

Analytics Software Material Savings Manufacturing Procurement Predictive Analytics Software 63

SCMDOJO

AUGUST 4, 2023

Try thinking of it this way, if you plan to make big profits, you would need to invest and diversify your portfolio into several sources to improve your chance of success. But times are changing, the use of reduce inventory offers more quality and useful performance metrics. But when should you consider reducing inventory?

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 98

GlobalTranz

JUNE 11, 2015

The first post in this series broke down what is supplier quality management and the steps to evaluate suppliers and the second post gave you insight into the metrics to look out for by 6 major industries. The next step may be Six Sigma quality ( In order for a company to achieve Six Sigma, it cannot produce more than 3.4

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

GlobalTranz

MAY 6, 2015

There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success. Fully comply with generally accepted accounting principles (GAAP), external reporting regulations, and internal reporting requirements.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

Supply Chain Opz

JUNE 1, 2014

Aerospace Industry is characterized by high material costs (about 65-80%). Manufacturing systems and regulatory compliance are considered to be very complex, coupled with the limited number suppliers due to the high barriers to entry. Moreover, products can be shipped to stores in-time then lost sales is minimal.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Arena Solutions

AUGUST 4, 2021

While QMS can be manual, quality management system software solutions are far more effective at eliminating silos, quality issues, and manufacturing mistakes by keeping dispersed teams on the same page at all times. Engineer and statistician William Deming successfully applied Shewhart’s methods to manufacturing during World War II.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Planning Software Modeling Software Demand Planning Software 90

Talking Logistics

FEBRUARY 7, 2019

Much like the most successful business philosophies (lean, six sigma, Total Quality Management (TQM)) a handful of individuals acting alone won’t—and can’t—affect company-wide changes for the better—it takes an organizational shift. Prepare for Major Changes in Manufacturing and Warehousing.

Supply Chain Software 106

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Strategy 106

SCMDOJO

MAY 18, 2023

They believed that physical presence in the office was essential for tasks such as planning, supplier communication, or key performance indicator reporting. It is now feasible to hire demand planners or sourcing managers who can be located anywhere, eliminating the need to be close to the organization’s office space.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 111

NC State SCRC

APRIL 30, 2020

In the last few weeks, me and my research team of Beena, Nikhil, and Pratyush have been communicating frequently with Professor Blan Godfrey , and his team of graduate students taking his Six Sigma class. They were also able to mass produce product with sophisticated manufacturing facilities. Dr. Godfrey is the Joseph D.

Six Sigma 40

Six Sigma Supply Chain Planning Software Agile and Lean Supply Chain Predictive Analytics Software 40

Unleashed

OCTOBER 4, 2021

Here we break down the inventory management strategies of seven successful manufacturers and retailers around the globe. Samsung’s inventory management strategy Samsung is one of the world’s largest manufacturers, meaning managing their inventory is an enormous and complex task. Gap’s inventory management strategy Gap Inc.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Inventory Management Software Waste Reduction 97

ThroughPut

MAY 23, 2019

The Automotive Industry is being disrupted on all sides and is upending the traditional models of vehicle manufacturing that have evolved over the past 120 years to dominate the world. Even Ford CEO Jim Hackett talks about auto manufacturers’ decades of proprietary consumer, vehicle and test data as a market differentiator.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Automotive 40