SYSPRO Smarter ERP

NOVEMBER 1, 2021

Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold. A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

CH Robinson Logistics

DECEMBER 15, 2021

However, with this year’s volatility, I was also given a front-row seat to a new level of hyper collaboration – including individuals going out of their way to help each other, more strategy sessions between shippers and forwarders, and continually leaning into historical data and current market insights to find smarter solutions.

Sourcing Strategies 90

Sourcing Strategies Global logistics Cost Reduction Inventory Reduction 90

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. Ask Traditional Questions, and Let Big Data Provide Answers. However, the fundamental problem remains. Increasing order efficiency. Demand forecasts.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

SYSPRO Smarter ERP

OCTOBER 6, 2021

in which factories are digitally transformed, manual processes are replaced with automated systems, and factories and supply chains are smarter. The digital factory. Manufacturers thriving on data. Digital factory. As manufacturers invest in new technology equipment, it is going to enable smarter manufacturing.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Modeling Software 111

Log-hub

DECEMBER 12, 2023

Your most valuable tool in such situations is making decisions based on data. Did you know that the impact of data-driven decision-making is significantly amplified when disruptions occur? Leveraging data-driven decision-making has the potential to yield improvements of up to 10% in conditions characterized by disruptions.

Supply Chain Design Software 52

Supply Chain Design Software Scenario Planning Supply Chain Design Supply Chain Planning Software 52

Logistics Bureau

OCTOBER 10, 2022

How to Improve Forecast Accuracy for Optimal Inventory. The products are dispatched straight from the factory and typically arrive within 48 hours of raising a purchase order. How to Calculate Economic Order Quantity. How to Reduce Minimum Order Quantities. Suggested stocking strategies and policies.

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

SYSPRO Smarter ERP

JULY 24, 2023

Every factory runs on the back of hundreds of specialized skills, some of which take a long time to master. New skills requirements in manufacturing Companies are investing in learning and on-the-job training as the most common workforce strategy to deliver business goals. If not, you should be.

Buyer Training 97

Buyer Training Resource Reduction Training Tools 97

SYSPRO Smarter ERP

JUNE 15, 2022

Manufacturing Operations Management (MOM) together with an ERP system allows manufacturers to collect the data, visualize and analyze it, and make decisions. But to understand how to do that requires information, and therefore the question is how to get accurate data to check that the plant, and the people on the shop floor, are performing?

Optimization Software 98

Optimization Software ERP Material Savings Cost Reduction 98

SYSPRO Smarter ERP

JULY 17, 2023

Manufacturers should be aware of how AI will affect them and the skills strategies they will need to create. They also need to plan how they should adapt the organisation to use AI in a responsible and well governed manner What is AI?

Manufacturing Procurement 98

Manufacturing Procurement Buyer Training Supply Chain Design Software Supply Chain Software 98

Logistics Viewpoints

MARCH 8, 2021

In Belcorp’s case they have four factories located in Colombia, Mexico, Peru, and Ecuador. Production flexibility is limited; none of these factories can make all the company’s 1,500 products. For consumers in metro areas located close to their factories, there is a one-day lead time. What factory should make a new product?

Supply Chain Design Software 153

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 153

SYSPRO Smarter ERP

OCTOBER 27, 2021

In 2018 a Forbes magazine published an article entitled “Every company is a data company” in which the authors urged all companies to use data as a core asset. That is now becoming a reality as businesses come to realize that data is the most significant asset they possess. Growth of IIoT. Supply chain.

Manufacturing Procurement 111

Manufacturing Procurement Sourcing Strategies Supply Chain Planning Software Optimal Sourcing 111

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Logistics Viewpoints

MARCH 25, 2021

How To Overcome Supply Chain Disruption. The average cost of a data breach reached $3.86 Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed. Utilize a TMS That provides real-time data to remain agile.

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 185

Conger

DECEMBER 13, 2022

Because in this post, you’ll find 11 effective strategies for doing just that. Note: If you can't find a local supplier, use the large ordering strategy: Placing larger orders but less frequently to keep more inventory on hand. With data and full control, you can change, adjust, and pivot as need be. Let's dive in!

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

3PL Links

MAY 23, 2024

Read also: Mastering Demand and Inventory Planning: Essential Strategies for Success Introduction to Cross-Border E-Commerce Cross-border electronic commerce pertains to the exchange of goods and services between customers and companies situated in different countries.

Trends 48

Trends Inventory Reduction Expense Reduction Sourcing Strategies 48

Forto

OCTOBER 30, 2020

But if you are an online retailer based outside of the USA, you may know how stressful it could be getting ready for these two days to sell as much as you can. How your PPC campaigns and promotions should work, How you will drive traffic to your online sale site like your own shop or your Amazon channel, and. Step 4: Manage.

How To 52

How To Price Reduction Inventory Reduction Purchasing Skills 52

SYSPRO Smarter ERP

SEPTEMBER 7, 2021

For OEMs, blending services into manufacturing strategy will be a challenge. Manufacturers can offer a reactive service, performing repair work either in the field or in a factory, but customers usually prefer a technician to come and work on something before its breaks. The changing world of OEMs.

Manufacturing Procurement 111

Manufacturing Procurement Modeling Software Supply Chain Design Software ERP 111

SYSPRO Smarter ERP

JANUARY 12, 2022

If asked about their work, many procurement managers will say they are ensuring orders are placed properly, that they are controlling the stock and making sure that there is stock on hand so that the factory doesn’t stop. The first stage of reimagining procurement is to look at sourcing strategies.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

Logistics Business Magazine

DECEMBER 8, 2022

His statements are based not only on numerous conversations with economic experts and scientists, but also on data from Setlog customers who use the SCM tool OSCA. The best strategy is for companies to devise agile approaches to permanently optimise the use of resources and production capacities. Data silos hinder successful business.

Supply Chain Planning Software 65

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Purchasing Skills 65

SYSPRO Smarter ERP

APRIL 20, 2022

It’s not only office workers who have been forced into remote work by the pandemic, manufacturing and distribution companies are facing a similar challenge – how to enable remote work on the shop floor and in the warehouse with ERP. A year later we asked manufacturing CFOs how their strategies had evolved.

ERP 116

ERP Optimization Software Inventory Reduction RFID 116

Forto

JULY 25, 2018

Few topics hold the prestige of logisticians like Big Data. The applications of Big Data in business are numerous. In freight management, Big Data yields opportunities for improvement. The reason behind the application of data is immense. The ways we collect data has evolved too. Why Is Big Data Important?

Supply Chain Planning Software 40

Supply Chain Planning Software Data Optimization Software Optimal Sourcing 40

GlobalTranz

OCTOBER 9, 2015

Industrial IoT and big data are converging to enable demand-driven 'smart supply chains.' According to industry standard ASTM F2792-10 , AM is defined as, "The process of joining materials to make objects from 3D model data, usually layer upon layer, as opposed to subtractive manufacturing technologies.".

Manufacturing Procurement 125

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 125

Logistics Viewpoints

SEPTEMBER 7, 2022

Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. In a conversation with Everstream’s chief data officer, the executive told this writer that the company was using artificial intelligence (AI) and Big Data to solve this n-tier problem.

Supply Chain Software 124

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 124

SYSPRO Smarter ERP

MARCH 21, 2022

SCM solutions provide oversight of materials and products, and their associated data, as they move through the supply chain from supplier to consumer. By gaining access to the data in these processes, businesses are better able to coordinate workflows, improve efficiencies, and ensure that customers get the product they ordered.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. It may be difficult to decide how to spend a limited budget on new digital technology. For example, analyzing real-time production data to uncover hidden inefficiencies and implement changes faster.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

Logistics in War

JUNE 8, 2019

Artificial intelligence, big data, virtual reality, robotics, cloud computing. Mention mobilisation and people instantly think of world wars, gigantic factories churning out military hardware on a vast scale and society wide conscription. There seem three broad types of strategy an attacker might use with simplest being inducing chaos.

Supply Chain Design Software 65

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 65

Material Handling and Logistics

JULY 16, 2018

Let’s take a closer look at seven sins of supply chain management and how to avoid them. Factors including climate and inaccurate manifests may lead to deadheading, but with immediate, location-based data combined with a powerful network, it can be averted. In alphabetical order they are: 1. Back Order. Inbound Ignorance.

Supply Chain Software 111

Supply Chain Software Supply Chains Modeling Software Optimization Software 111

Locus

MAY 25, 2023

Ford Whitman Harris first published the model of Economic Order Quantity in a paper Factory, The Magazine of Management , in 1913. Want to find out how to achieve optimal safety stock level in your supply chain? It’s complicated to get precise data for products that are new or have fluctuations in demand. Let’s dive in!

Inventory Reduction 52

Inventory Reduction Cost Reduction Ordering Waste Reduction 52

GlobalTranz

JULY 14, 2015

The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. The Internet radically changed how the world communicates. Automated Data Transfers.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Logistics Business Magazine

DECEMBER 16, 2021

His analysis is based on conversations and data from Setlog customers who use the SCM tool OSCA, e.g. more than 100 brands in the fashion industry alone. Companies are increasingly considering how to implement circular economy strategies so that fewer products need to be destroyed. New legislation is driving the pace.

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Modeling Software Optimization Software 53

Logistics Viewpoints

MARCH 21, 2021

We need problem solvers, people that can work with data from a data analytics perspective. At AGCO when there is an allocation of supply decision to be taken, there is just one person communicating with a particular supplier and telling them how the tight supply will be allocated among the AGCO factories.

Supply Chain Planning Software 144

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 144

Parade

MAY 29, 2019

The goal of a digital freight matching strategy is to reduce touch points to help your freight brokerage improve your key business metrics of productivity, profitability, and engagement— assisting you to move your current and future freight better. How do you notify them about freight opportunities? What do those carriers need?

Digital 60

Digital Production Price Reduction Freight 60

Parade

MAY 29, 2019

The goal of a digital freight matching strategy is to reduce touch points to help your freight brokerage improve your key business metrics of productivity, profitability, and engagement— assisting you to move your current and future freight better. How do you notify them about freight opportunities? What do those carriers need?

Digital 60

Digital Production Price Reduction Freight 60

Logistics Business Magazine

DECEMBER 11, 2022

A big part of what companies need to do when building a future strategy is to look out into the future and say, “These are the things that we think we want to do and be five years from now”. How would we send indicators on that? The proliferation of data will change the scope and role of demand forecasting. What criteria is key?

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 59

GlobalTranz

DECEMBER 7, 2015

Manufacturers will be able to improve their inventory due to the information presented by both supply chain and operations data. Understanding the changes in demand for their products enables manufacturers to better determine how to allocate their resources, according to Gillman. The Industry Image of Dirty Factories Going Away.

Manufacturing Procurement 81

Manufacturing Procurement Trends Supply Chain Design Software Supply Chain Planning Software 81

WorkWave

FEBRUARY 26, 2021

To harness that power in 2021, there must be a well-planned strategy that balances brand building, relationships and engagement, and performance marketing. Moving through 2021, make sure you are thinking about the full funnel and not siloing organic social vs. paid social when creating your social strategy. Today, data comes cheap.

Digital 64

Digital Modeling Software Sourcing Strategies Resource Reduction 64

Blue Grace Logistics

MAY 10, 2021

It can take years to rebuild factories and get them operating at optimum capacity. Similarly, an unfavorable change in foreign trade policies – without the threat of a trade war – due to political fallout or change in the growth strategy can make it hard for foreign businesses to sustain long term in the country.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 62