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

Intelligent Audit

NOVEMBER 3, 2022

This is why transportation network optimization is important. What Is Transportation Network Optimization? Transportation network optimization is simply streamlining your network of logistics carriers, the methods for shipping, and the processes for managing the network.

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

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

Logistics Viewpoints

JULY 10, 2024

ARC defines supply chain planning (SCP) products as including supply planning, demand planning/inventory optimization, and network planning. Network planning solutions include supply chain design, integrated business planning, and end-to-end supply chain analytics. Supply planning engines “optimize” the schedule.

Supply Chain Planning Software 262

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 262

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. During the pandemic, companies struggled with planning systems turning off the optimizers, and using the technology as a system of record. What Is the Value of A Network? Tougher than most understand. Interested?

Supply Chain Planning Software 390

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

The Logistics of Logistics

JUNE 14, 2024

Karl is the CEO and Co-founder of Pull Logic , an AI-enabled tech company focused on reducing lost sales for retailers, brands, and manufacturers due failure points in the supply chain and selling processes. Explore how accurate demand forecasting and inventory optimization ensure the right products are available for customers.

Inventory Reduction 227

Inventory Reduction Inventory Inventory Management Software Modeling 227

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance Supplier relationships are at the heart of manufacturing performance. That’s why supplier collaboration—that consistent, trusted, and responsive interaction between supplier and manufacturer—is pivotal to manufacturing success.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Supply Chain Planning Software 52

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. Reduce Data Latency in Networks.

Supply Chain Planning Software 345

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 345

SYSPRO Smarter ERP

AUGUST 28, 2024

Selecting the right ERP software for manufacturers is critical Choosing the right ERP software for manufacturers to meet specific requirements is no easy task. The options can be overwhelming and the decision is crucial, as an ERP system is the core of a manufacturer’s IT infrastructure.

Manufacturing Procurement 52

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

QAD

JUNE 25, 2019

It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Using Metrics to Measure the Health of the Business. Companies use these metrics to minimize their investment in inventory without adversely affecting customer service levels.

Procurement Analytics 111

Procurement Analytics Metrics Inventory Reduction Inventory 111

BlueYonder

APRIL 24, 2023

One of those urgent challenges is optimal data management — and few people are more qualified to discuss this topic than Frank Slootman, Chairman and CEO of Snowflake , along with Duncan Angove, CEO of Blue Yonder, the leader in end-to-end supply chain management who will share the keynote stage at the event on May 3.

Optimal Sourcing 79

Optimal Sourcing Modeling Optimization Software Supply Chain Optimization 79

BlueYonder

AUGUST 13, 2024

Manufacturers of cars and trucks — as well as other large-scale manufacturing enterprises — face tough challenges. And let’s not forget wildly fluctuating customer demand, driven by inflation and other factors beyond manufacturers’ control. What exactly does that mean — and is it achievable for the typical manufacturer?

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Modeling Supply Chain Software 52

Supply Chain Shaman

OCTOBER 11, 2023

We speak about the need to move from a functional understanding to a global, holistic capabilities, but the traditional supply chain leader defines bonus incentives and process performance goals based on functional metrics. Bi-Directional Flow and Value Networks. Measurement. Innovation is slowing. Innovation.

Supply Chain Planning Software 394

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 394

QAD

NOVEMBER 8, 2022

Supply chain challenges faced by manufacturers of delayed deliveries and stockouts take on additional urgency in the medical device arena, where patient well-being depends heavily on timely and accurate delivery. It works both ways between manufacturers and their suppliers. Expanding Supplier Relationships.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Sourcing Strategies Supply Chain Planning Software 98

Supply Chain Shaman

NOVEMBER 21, 2023

I worked three layers down in the organization for a well-established leader in manufacturing named Dan. Dan had a very manufacturing view and Fred focused on logistics. The analysis, based on network optimization assumed average loading, and did not account for the swings. The metrics were not aligned.

Supply Chain Planning Software 342

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 342

Logistics Viewpoints

FEBRUARY 21, 2022

A network design model figures out where factories and warehouses should be located. The key solutions are demand forecasting/inventory optimization, supply planning, and network design. The key solution for this is network design. Supply and network design models are constraint-based models. No plan is.

Supply Chain Planning Software 287

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 287

Supply Chain Shaman

FEBRUARY 26, 2024

Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. For example, in manufacturing, the shift in focus is away from OEE to focus on first pass yield and schedule adherence.)

Modeling 208

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 208

Kinaxis

MARCH 22, 2017

by Alexa Cheater From designing, sourcing and manufacturing, to distribution and consumption, your supply chain is at the heart of your customer satisfaction levels. Implementing inventory optimization. The challenges of inventory optimization can be immense. Single vs. multi-echelon inventory optimization.

Optimal Sourcing 196

Optimal Sourcing Supply Chain Optimization Network Optimization Inventory Reduction 196

ToolsGroup

JUNE 6, 2023

MILAN and BOSTON – June 6, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is thrilled to announce it has been selected by D.I.MAR, an Italian leader in the frozen food industry, to heighten its supply chain performance, bolster supplier relationships, and drive enhanced business results.

ToolsGroup 156

ToolsGroup Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 156

BlueYonder

FEBRUARY 23, 2023

The following are the insights gained from my discussion with Sunil Roy , who leads Blue Yonder’s Industrial Manufacturing Industry Strategy, during a recent Blue Yonder Live and executive customer events that we prepared for jointly. Sunil: It’s important to start with metrics. And how should they be solving for them?

Manufacturing Procurement 85

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 85

Logistics Viewpoints

SEPTEMBER 25, 2024

This network of devices enables seamless, automatic data collection from physical objects in near real-time. In manufacturing, IoT sensors ensure that each step of the process is tracked, ensuring that all materials meet required quality standards.

Internet of things 254

Internet of things Real-time Visibility Supply Chain Design Software Supply Chain Network Software 254

ThroughPut

OCTOBER 20, 2022

AI-driven Geospatial Capabilities to Enable Businesses to Avoid Choked and Unprofitable Distribution Routes and Optimize On-Time, In-Full (OTIF) Deliveries. This in turn helps uncover network optimization opportunities, sense demand at the local level, and proactively audit material flow right down to the individual SKU’s.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Optimization 52

BlueYonder

OCTOBER 9, 2023

Mitigating Weather Disruptions in the Short Term, via Logistics Optimization Not every shipper has the resources available to win a multimillion-dollar auction and move past weather-related supply chain roadblocks. That’s the beauty of transportation optimization in today’s age of sophisticated AI and ML. But that’s just the beginning.

Optimal Sourcing 97

Optimal Sourcing Modeling Optimization Software Supply Chain Optimization 97

Logistics Viewpoints

SEPTEMBER 19, 2023

To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supply chains to collaborative supply networks and actively design their supply chains. With expansion of supply chains into supply networks globally, there is an increased chance of disruptions caused by various kinds of risks.

Supply Chain Design Software 258

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 258

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

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 205

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 205

BlueYonder

MAY 10, 2024

This will continue to put pressure on international trade routes and complicate logistics thus raising the importance of visibility across the entire supply chain network and continued risk mitigation through diversification strategies. Once bitten twice shy.

Vendor Strategies 101

Vendor Strategies Material Savings Resource Reduction Price Reduction 101

Intelligent Audit

MARCH 21, 2022

Optimizing freight transport and hauling services with freight contracts can be done by taking the following steps to ensure accuracy in auditing and management. ?Unify Unified TMS systems, cloud-based data sharing portals, and collaborative platforms can make it easier to optimize freight hauling contracts across the board.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Optimization Network Optimization 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers. With its ability to derive insights from vast amounts of data and derive insights, generative AI has emerged as a valuable tool to optimize supply chain operations.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Game Changer

NOVEMBER 26, 2018

Network optimization is a critical issue across all Supply Chains. In Manufacturing, Distribution, Logistics and Retail the effectiveness of your network will make the difference between success and failure. Whatever your situation your network must continually be optimized. Benchmark metrics (eg.

Network Optimization 43

Network Optimization Network Optimization Software Price Mitigation Strategies Supply Chain Optimization 43

Logistics Viewpoints

FEBRUARY 2, 2024

While I like his optimism, I’ll believe it when I see it. 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. percent year-on-year decline in cargo ton miles to 1.8bn, although this metric increased by 9.5

Cost Reduction Strategies 263

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 263

ThroughPut

DECEMBER 8, 2023

Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing recommended actions based on the insights gained from descriptive, diagnostic, and predictive analytics. How Prescriptive Analytics Has Been Driving Value In Supply Chain Optimization? What Is Prescriptive Analytics in Supply Chain?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Logistics Viewpoints

MARCH 9, 2023

Commerce is global and regional at the same time, the world is getting smaller and more interconnected, and Consumer Packaged Goods (CPG) manufacturers operate in this build-anywhere and sell-anywhere market. Theory and practical implications are clear: optimizing each silo does not imply optimizing the end-to-end system.

Supply Chain Planning Software 224

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 224

ToolsGroup

MARCH 18, 2019

It bought its main rivals to become North America’s largest fine paper manufacturer. [1] The second phase involved Mohawk extending their new supply chain improvements out to its distribution network. Mohawk continues to fine-tune its S&OP process to optimize inventory in the planning system.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 228

GlobalTranz

JULY 20, 2015

While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts, materials and products from the consumer back to the producer. Importance of Metrics in Reverse Logistics Management. Recovery of capital investments in assets.

Reverse Logistics 120

Reverse Logistics Supply Chain Planning Software Supply Chain Network Software Optimization Software 120

Supply Chain Shaman

SEPTEMBER 3, 2018

Third, they align the interests of all the firms in the supply network so that companies optimize the chain’s performance when they maximize their interests. Reward teams for cross-functional metrics. Focus functional metrics to improving reliability. For more on this topic, read the book Supply Chain Metrics That Matter.

Supply Chain Planning Software 319

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 319

GlobalTranz

DECEMBER 17, 2015

It is that time of year again where we feature the most viewed articles on the Cerasis blog in each of the six main categories we write about: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. . Most Read Manufacturing Articles of 2015. Powered by the Internet of Things & Digital Manufacturing.

Manufacturing 120

Manufacturing Supply Chain Software Logistics Network Optimization Software Optimization Software 120