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

Talking Logistics

DECEMBER 12, 2022

The post Discussing the Lessons Learned in Transportation Procurement Management appeared first on Talking Logistics with Adrian Gonzalez.

Manufacturing Procurement 144

Manufacturing Procurement Procurement Transportation Survey 144

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

SCMDOJO

JULY 16, 2024

This article explores challenges identified in a research paper by McKinnon (2006) focusing on vehicle utilization and efficiency in the freight industry [1]. 3D printing: Exploring the potential of 3D printing for on-demand manufacturing closer to customers can reduce transportation distances and waste for customized products [3].

Optimal Sourcing 97

Optimal Sourcing Procurement Solutions Supply Chain Design Software Research 97

Precoro

JULY 15, 2024

The chief procurement officer (CPO) is a senior executive responsible for developing and implementing their organization’s procurement policies, procedures, and strategies. The chief procurement officer’s workload extends beyond timely purchases and cost-saving measures.

Negotiating Skills 89

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 89

OptiProERP

DECEMBER 18, 2023

Acquiring goods from vendors and suppliers is one of the critical and routine tasks for manufacturers. Procurement and purchasing are terms interchangeably used in manufacturing but are distinct activities. In this blog, we will see how purchasing and procurement differ. Steps in the Procurement Process 1.

Manufacturing Procurement 52

Manufacturing Procurement Purchasing Skills Procurement Solutions Negotiating Skills 52

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 218

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 218

Logistics Viewpoints

JULY 24, 2024

APQC conducts research on supply chain and logistics to help organizations assess the performance of their own processes and functions compared to their peers. Survey respondents are second most likely to have implemented Robotic Process Automation in sourcing and procurement (20 percent).

Supply Chain Software 274

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Inventory Reduction 274

Supply Chain Shaman

JULY 31, 2024

How should a global manufacturer make a decision? In parallel, I am involved in several research projects. In other studies, I am working with data scientists and statisticians to glean insights from over sixty quantitative research projects over the last decade. And how can supply chain planning help?

Supply Chain Planning Software 326

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 326

Logistics Viewpoints

OCTOBER 17, 2024

Or they may have expertise in manufacturing processes and have flexible capacity to allow contract manufacturing for new product introduction. An example of this is Vendor Management Inventory and Capacity Collaboration for contract manufacturing. Moreover, this solution offers substantial value for suppliers.

Manufacturing Procurement 243

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 243

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

NOVEMBER 9, 2023

” When I asked the question, I got an answer from LinkedIn that the research focused on digital maturity with SAP. The research is generated by SAP. Translation of the demand forecast into planned orders to minimize manufacturing constraints. MRP is translated based on the manufacturing schedule into ERP.)

Optimal Sourcing 352

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 352

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

Supply Chain Shaman

APRIL 19, 2024

In this research, 81% of brand owners and contract manufacturers primarily depend on communication through email and spreadsheets. Approximately 32% of manufacturing, across industries, is outsourced. Most of the network investment is in passing procurement transactional data. Most is silo’d. ” I agree.

Supply Chain Network Software 298

Supply Chain Network Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 298

ivalua

DECEMBER 14, 2020

In a recent webinar, “ How to Leverage S2P Platforms to Enable Supply Chain Resilience ,” procurement experts from Forrester, Ivalua and Procurement Leaders discussed how digital transformation and the technologies that enable it can help companies mitigate risk and be more agile and resilient.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Optimization Software 130

GlobalTranz

JANUARY 16, 2018

Manufacturing is on the cusp of an explosion in growth and innovation in 2018. These facts set the stage for exponential manufacturing growth in 2018. These facts set the stage for exponential manufacturing growth in 2018. Check Out the Top 2018 Manufacturing Trends. Green Manufacturing Will Go Viral.

Manufacturing Procurement 215

Manufacturing Procurement Price Reduction Manufacturing Waste Reduction 215

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Negotiating Skills 116

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 116

Synovos

APRIL 2, 2024

What is MRO procurement? Understand MRO procurement and your bottom line will benefit. These items support business or manufacturing activity but are not incorporated directly into what you produce. The hidden cost of MRO procurement The adage time is money captures why MRO can be costly and why that cost is not always obvious.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 52

Logistics Viewpoints

AUGUST 13, 2024

The three steps in realizing the vision are 1) flexible, reconfigurable plant; 2) global manufacturing networks of flexible, configurable plants; 3) the integration of the previous step with digital, certified, encrypted product definitions. flexible manufacturing in fast-moving products. both in the process and discrete industries.

Supply Chain Network Software 258

Supply Chain Network Software Industrial Industry Manufacturing Procurement 258

Supply Chain Shaman

JUNE 3, 2024

. ” My response, “Sorry Ryan, the research does not support that increased digitalization brought unprecedented levels of connectivity. similarly, over 95% of manufacturers invested and implemented supply chain planning, but their primary tool today is Excel. I am researcher. ” Does the Dog Hunt?

Supply Chain Planning Software 345

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 345

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 108

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 108

Supply Chain Matters

AUGUST 5, 2024

The latest data reinforces indications of a global manufacturing slowdown. Global Manufacturing Output Global-wide manufacturing levels as reported by the J.P. Global Manufacturing Output Global-wide manufacturing levels as reported by the J.P. Product demand levels are essentially focused on domestic market needs.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Procurement Analytics 52

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Despite spending 1.1%

Supply Chain Planning Software 362

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 362

GlobalTranz

JANUARY 18, 2017

What makes or breaks a new technology in manufacturing? Mostly, manufacturers demand technologies that can boost their output without causing an additional strain on resources, and the final five technologies changing manufacturing in 2016 did just that. In other words, some manufacturers continue to resist the trend.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Software Optimal Sourcing Material Savings 120

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 74

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 74

SYSPRO Smarter ERP

NOVEMBER 1, 2021

The manufacturing industry confronted many uncertainties in the last year due to the pandemic. 2020 SYSPRO research showed tha t 60% of businesses were impacted by supply chain disruptions during the pandemic. The pandemic has led to many shifts in manufacturing including new challenges to overcome.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software 111

Supply Chain Matters

SEPTEMBER 4, 2024

The August data further reinforces indications of a global manufacturing slowdown. Global Manufacturing Output Levels Global-wide manufacturing levels as reported by the J.P. Global Manufacturing Output Levels Global-wide manufacturing levels as reported by the J.P. This composite index produced by J.P.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global South Korea 52

Unleashed

JUNE 4, 2024

The procurement processes you implement directly impact how efficiently the business operates. Conversely, the consequences can be disastrous if procurement lacks the right structure or planning. What is a procurement process? Strategy is extremely important in the procurement process. Let’s dive right in.

Procurement Solutions 52

Procurement Solutions Manufacturing Procurement Optimal Sourcing Procurement Analytics 52

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

Supply Chain Shaman

DECEMBER 15, 2022

In my research, I find that the lack of alignment has a direct impact to value (operating margin and market price to book value). In the supply chain team analysis, note the 21% gap between procurement and manufacturing teams, the 35% gap between sales and operations and the 21% gap between finance and operations.

Manufacturing Procurement 394

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 394

Precoro

SEPTEMBER 2, 2022

However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. It pays off to develop a procurement strategy, hire a team of professionals, and acquire necessary technologies early on. Being prepared allows for efficient and timely execution of procurement functions.

Manufacturing Procurement 78

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 78

E2open

OCTOBER 6, 2022

NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, has been positioned by Nucleus Research as a leader in the 2022 Control Tower Technology Value Matrix for the eighth consecutive year, building on its history as a leader since the inception of the report in 2015 and scoring highest in functionality.

Supply Chain Planning Software 78

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Network Software Demand Planning Software 78

QAD

OCTOBER 8, 2024

Routine Challenges in Life Sciences Manufacturing Imagine if there was a tool available to manage the highly complex environment in which life sciences manufacturers navigate daily. Given the layers of complexity involved in running such a business, it can be obvious to understand why there are initiatives in place such as Pharma 4.0,

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Predictive Analytics Software Optimization Software 52

SYSPRO Smarter ERP

FEBRUARY 23, 2022

Those manufacturers who are still using legacy or customized computer systems will find it difficult to make the necessary changes. Integration of design and manufacturing. Many manufacturers use a CAD/CAM system for design and engineering control. Quality management. Customer interaction. After-sales support.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Modeling Software 105

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Introduction: Procurement Planning for Distribution-Intensive Businesses Procurement planning is not a widely recognized category of supply chain software, but it should be. This article outlines five key challenges faced by buyers that can be addressed by a new type of procurement planning software, which we call a “buyer’s workbench.”

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

SYSPRO Smarter ERP

APRIL 18, 2022

These ongoing disruptions mean manufacturers and distributors must navigate challenges while rapidly addressing the needs of their people, customers, and suppliers. With reliable data from ERP manufacturers and distributors can use data analytics to respond to challenges. Supply chain visibility to maintain competitive advantage.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 124