ivalua

JUNE 26, 2023

The final session of the day, ‘Driving Sustainable Procurement’ was presented by Stephen Carter. The symposium emphasized the importance of data management to track ESG metrics and ensure compliance with regulations.

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

SYSPRO Smarter ERP

MARCH 14, 2022

Food and beverage manufacturing and distribution companies usually operate on smaller margins than most organizations in other industries. Wages are another significant cost for food and beverage manufacturers and distributors , and they’re going up, with labor currently very difficult to find and retain.

Manufacturing Procurement 105

Manufacturing Procurement Cost Reduction Strategies Beverage Material Savings 105

Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. In our monthly webinar last Wednesday, I presented these results.

Supply Chain Planning Software 319

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

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Supply Chain Shaman

OCTOBER 10, 2017

I loved Peggy’s presentation at the Summit. While many employers would have penalized the employees for tablet breakage , Peggy explored the world of wearables to enable her digital manufacturing transformation. .” To solve these problems, AGCO partnered with Proceedix to develop an application for manufacturing.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Material Savings Supply Chain Software 152

Logistics Viewpoints

MAY 24, 2024

Noting that supply chain pressures are a key driver of inflation, the bank said in a press release that the new indexes “present a new gauge to measure how widespread supply disruptions are, understand if availability is improving, and track inflationary pressures and the impact on local firms.” And now on to this week’s logistics news.

Logistics Network Optimization Software 256

Logistics Network Optimization Software Supply Chain Design Software Logistics Las Vegas 256

Logistics Viewpoints

AUGUST 7, 2023

Pete Bennett, and his co-presenter, Mary Byrne, the vice president of supply and demand planning, spoke during a presentation at Kinaxis’ user conference Kinexions. Cardinal Health, a global manufacturer and distributor of medical, surgical and laboratory products, is focused on continuous improvement of service.

Supply Chain Planning Software 190

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 190

BlueYonder

NOVEMBER 15, 2022

Much of our world relies on the timeliness, effectiveness, quality, and reliability of manufacturers. However, it is proving to be a more complex proposition for manufacturers who are typically more nascent in their digitalization efforts, and in bringing improved connectivity and visibility to their supply chains.

Capacity 82

Capacity Manufacturing Supply Chain Planning Software Optimization Software 82

Enterra Insights

MAY 22, 2019

Manufacturing has been the lifeblood of the global economy for hundreds of years. Because manufacturers have historically moved factories to regions featuring cheap labor and few regulatory restrictions (sometimes referred to as outsourcing or offshoring), a misconception has arisen about the importance manufacturing to national economies.

Manufacturing Procurement 100

Manufacturing Procurement Manufacturing Data Prescriptive Analytics Software 100

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. And you’d be right – they’re certainly a factor.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

SYSPRO Smarter ERP

MAY 2, 2022

Deby Joevita, an award-winning User Experience Designer, mentioned during an online course that a UX design should have some metrics built in, which should provide you with the necessary direction towards achieving a meaningful experience for users. Manufacturers need to become data-driven and this can be done with Business Intelligence.

Supply Chain Design Software 111

Supply Chain Design Software Analytics Software Demand Planning Software Supply Chain Network Software 111

Logistics Viewpoints

SEPTEMBER 25, 2024

In manufacturing, IoT sensors ensure that each step of the process is tracked, ensuring that all materials meet required quality standards. Another challenge is device compatibility—different manufacturers produce IoT devices with varying standards, making it difficult to ensure frictionless communication between systems.

Internet of things 258

Internet of things Real-time Visibility Supply Chain Design Software Supply Chain Network Software 258

IQMS

JULY 24, 2019

With a focus on business process improvement, our consultants are regularly out in the field guiding manufacturers and distributors that are challenged with managing the complexity of their operations. Once the metrics are defined and understood, the next step is determining where in the process they are relevant. Real-World Success.

Real-time Visibility 71

Real-time Visibility Optimization Software Supply Chain Planning Software Supply Chain Network Software 71

Unleashed

DECEMBER 13, 2023

New manufacturing data reveals the small to medium manufacturing sector remains in recovery mode, with global performance largely mapping to local economic conditions. New Zealand manufacturing, meanwhile, is at an historic inflection point, with stagnant performance in multiple sectors.

Manufacturing Procurement 52

Manufacturing Procurement New Zealand Manufacturing Beverage 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Supported by partners Heriot-Watt University, Pedersen & Partners and RV Consultancy, the full-day agenda featured a stellar line-up of speakers presenting and discussing key issues facing logistics and supply chain management practitioners. Global Assets in a Constantly Shifting Supply Chain. & & Changing Landscape”.

Supply Chain Software 231

Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software Demand Planning Software 231

Supply Chain Shaman

AUGUST 12, 2020

I struggled to manage myself as I settled in elbow-to-elbow with the group to listen to the presentation. During the presentation, I squirmed uncomfortably in my seat. Only 29% of manufacturers easily manage total cost trade-offs. From interviews, I believe that it was a combination of leadership and metrics alignment.

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

Oracle SCM

JUNE 14, 2018

Manufacturing today is more complex than ever before. " Now when we look at the amount of data that is created in the context of Manufacturing, the Industrial Internet of Things, and Global Supply Chains, we can be sure that it is not much different. With the increasing use of new technologies in an Industry 4.0

Manufacturing Procurement 96

Manufacturing Procurement Predictive Analytics Software Manufacturing Modeling Software 96

BlueYonder

APRIL 13, 2023

ICON 2023 is Blue Yonder’s annual customer conference and premier supply chain event, where practitioners and decision-makers exchange insights about their transformation journeys If you are in the manufacturing field, why should you attend this year’s event? Terence: Why should manufacturing companies attend ICON?

Manufacturing Procurement 79

Manufacturing Procurement Inventory Reduction Optimal Sourcing Cost Reduction Strategies 79

Logility

MARCH 21, 2024

AI has presented challenges and opportunities for business leaders seeking to leverage its potential across their organizations to improve efficiency and increase profitability. Myth 8: Generative AI is immune to biases present in training data Generative AI produces predictions based on its training data.

Optimal Sourcing 222

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 222

OptiProERP

DECEMBER 23, 2021

The global pandemic has brought significant changes in the manufacturing industry. To grow, small manufacturers need to rethink their production processes and consider digital solutions. Many small-scale manufacturers are ready to go digital but investing in a new ERP system raises some concerns for them. from 2019 to 2026.

Manufacturing Procurement 52

Manufacturing Procurement Forecasting Software Analytics Software Supply Chain Design Software 52

Silvon Software

APRIL 29, 2022

Inventory can be a manufacturer’s most important asset. Key performance indicators (or KPIs) help to facilitate these requirements and drive higher inventory optimization outcomes as a result for manufacturers, distributors and other supply chain-centric businesses. The Basics of Inventory Management KPIs. Sales KPIs.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

Supply Chain Shaman

SEPTEMBER 24, 2017

In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. We analyzed the impact of 150 factors on 493 financial metrics for the period of 2004-2016. With the flurry of M&A, industry consolidation, outsourcing, and downsizing, the gaps for North American manufacturers are increasing.

Cost Reduction Strategies 203

Cost Reduction Strategies Inventory Reduction Resource Reduction Manufacturing Procurement 203

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

DELMIA Quintiq

SEPTEMBER 12, 2023

Success, and establishing a lasting competitive advantage in new ways, now relies on the ability to modernize manufacturing and operational systems to drive swift and informed decision-making. What is a Manufacturing Control Tower (MCT) and why is it necessary?

Automotive 156

Automotive Manufacturing Real-time Visibility Cost Reduction Strategies 156

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 84

GlobalTranz

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. We relay on guest bloggers and the expertise of others for manufacturing best practices. His 5 golden metrics center on performance management.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

IQMS

JULY 11, 2019

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Manufacturers care most about finding new ways to grow, excel at product quality while still being able to take on short lead-time production runs from customers.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Logistics Viewpoints

JULY 19, 2021

A pound of apples costs about the same as a pound of steel, yet steel is a complex product produced using high-tech metallurgical and manufacturing processes. IBP is a multifunctional planning process that includes sales, marketing, demand planners, manufacturing, and finance. A ton of steel can cost as little as $700.

Supply Chain Planning Software 278

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 278

Supply Chain Shaman

SEPTEMBER 4, 2017

These are mainly North American-based manufacturers, distributors and retailers.) We loaded 493 financial metrics from balance sheets and income statements for each company into the data lake for the period of 2004-2016 using YCharts data. Correlations Between Survey Factors and Financial Metrics. I hand-pick the presentations.

Supply Chain Planning Software 173

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Supply Chain Software 173

Taulia

NOVEMBER 8, 2024

The 2022 Inflation Reduction Act (IRA) is a package of measures, including tax incentives for clean energy and manufacturing. This approach often involves using standalone or point solutions that focus specifically on sustainability metrics and reporting. .: The U.S.

Supply Chain Planning Software 95

Supply Chain Planning Software Optimization Software Supply Chain Software Optimal Sourcing 95

Stord

MAY 29, 2024

This information can be invaluable when communicating with your manufacturers and improving your overall product handling process. This visit is an opportunity to discuss the past, present and future needs - do you need new automations like a print-and-apply (PandA) or autobaggers? Let's talk past, present, and future.

Las Vegas 78

Las Vegas Supply and Demand Nashville Just-in-Time 78

Supply Chain Shaman

JUNE 19, 2018

It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement. The ploys–lunches, drinks, and presents–became humourous after a while.).

Gartner 212

Gartner Supply Chain Design Software Supply Chain Design Supply Chain Strategy 212

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Download Silvon’s Definitive Guide to KPIs : Concepts, Best Practices & More. Buyer / Procurement Department KPI s.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Supply Chain Shaman

OCTOBER 8, 2019

The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. . #4

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

Supply Chain Shaman

NOVEMBER 9, 2014

Let me give you an example: Last week, I gave a presentation at a global supply chain team meeting of 175 professionals. As I cleared my throat, and pushed my toes deep into my shoes, I bounded up the stairs to start the presentation. The more content people are, the more important it is to ask the tough questions to drive alignment.

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

Logistics Viewpoints

DECEMBER 7, 2021

Workforce shortages and other challenges abound throughout all transportation sectors, and while this may revitalize investments in localized manufacturing, expanded warehousing to hold more inventory, and other efforts, these changes do not solve today’s issues. Manufacturers also adjusted.

Capacity 216

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 216

ThroughPut

MAY 22, 2024

Following this, data sources are identified and shared, and success metrics and business outcomes are defined so that everyone works toward the same goals. Step 3: Metric Selection During the next step, we focus on validating key metrics. Global Cement Manufacturer Achieves $1.5M

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Inventory Reduction 52