SYSPRO Smarter ERP

MARCH 21, 2022

Primarily this meant increasing inventories as opposed to other strategies like nearshoring. It seems that manufacturers found it much quicker and cheaper to increase inventories than build regional factories. Risk analysis is becoming an important part of SCM. Not surprising as this period was the high point of the pandemic.

Manufacturing Procurement 116

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

SYSPRO Smarter ERP

OCTOBER 25, 2021

To compete in this constantly changing market, manufacturers and distributors need more digital-driven services such as real-time production, tracking, and analysis. This means making factories smarter for the future. What is the smart factory? How to create a smart factory. It’s important to first to set objectives.

Factories 105

Factories Supply Chain Planning Software Supply Chain Software Optimization Software 105

GlobalTranz

OCTOBER 20, 2016

Manufacturers Can Re-evaluate Factory Processes. . Since the skills gap reflects changes in how manufacturers operate, it represents the opportunity for manufacturers to re-evaluate their current factory processes, including a wide, diverse group of job positions, explains ThomasNet.

Buyer Training 95

Buyer Training Resource Reduction Cost Reduction Material Savings 95

Logistics Business Magazine

NOVEMBER 1, 2021

Almost half of the respondents also stated that technologies for implementing the mobile-first strategy will play the most important role in accelerating delivery processes. The UR40 RFID reader from DENSO, for example, can read 700 RFID tags per second. Collected data can be viewed using built-in data analysis and display tools.

Supply Chain Planning Software 54

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software RFID 54

GlobalTranz

JULY 14, 2015

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. For example, a subtle change in hydraulic pressure may still permit the machine to operate. In some cases, human intervention and input will be completely eliminated.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Blue Grace Logistics

JUNE 17, 2020

It can take years to rebuild factories and get them operating at optimum capacity. For example, according to reports , the 2011 earthquake and Tsunami in Japan had caused grave damage to infrastructure and manufacturing facilities in the country. Will the analysis help in mitigating risks from black swan events?

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 71

Logistics Bureau

JANUARY 7, 2020

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

Blue Grace Logistics

MAY 10, 2021

It can take years to rebuild factories and get them operating at optimum capacity. For example, according to reports , the 2011 earthquake and Tsunami in Japan had caused grave damage to infrastructure and manufacturing facilities in the country. Will the analysis help in mitigating risks from black swan events?

Supply Chain Planning Software 62

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

GlobalTranz

JANUARY 17, 2017

For example, the analysis of procurement processes and expense trends might help companies select alternative or new suppliers, change the flow of supplies to optimize delivery time tables and enhance payment processes, such as double billing complaints. VR tends to replace the entire image.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

SYSPRO Smarter ERP

NOVEMBER 3, 2021

They are part of the quality management process and require an analysis of the top factors that drive returns to determine where interventions are required in the process. Freight bill accuracy : Whether shipping from factory to warehouse, or to the customer, this metric helps identify problems in billing operations. Warehousing KPIs.

Manufacturing Procurement 105

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

Logistics Bureau

JULY 18, 2018

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ However, remember that products or subassemblies that never made it out of the factory may need to travel backwards one or more stages along the supply chain. A plan is necessary, possibly based on one of the following strategies.

Reverse logistics 49

Reverse logistics Vendor Strategies Logistics Network Optimization Software Inventory Reduction 49

GlobalTranz

JUNE 24, 2015

Productivity in factories continues to improve, however, and are more efficient than ever, so the best jobs picture we can hope for is flat as we don’t believe that US Manufacturing jobs will ever be at the percentage they were at the peak in the late 70s. Also, the majority of factories that could leave may have already gone.

Manufacturing Procurement 97

Manufacturing Procurement Supply Chain Planning Software Cost Reduction Sourcing Strategies 97

Conger

JANUARY 27, 2023

Automation is the process of minimizing manual labor using machines Automation includes using various equipment and control systems such as factory processes, machinery, boilers, heat-treating ovens, steering, etc. Examples are industrial robots and multipurpose CNC machines.

Supply Chain Software 52

Supply Chain Software Examples Supply Chain Design Software Supply Chain Planning Software 52

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. Sustainability and due diligence laws force us to act.

Supply Chain Planning Software 50

Supply Chain Planning Software Supply Chain Software Modeling Software Optimization Software 50

Conger

JANUARY 27, 2023

You’ll also learn practical strategies for overcoming each. For example, you can automate many material handling tasks if you have trouble finding forklift operators. For example, you can try experimenting with schedules. This is your ultimate guide to maintenance issues. Let's dive in! Table of Contents 1. Finding Workers 2.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Software Buyer Training Optimal Sourcing 52

Automotive Logistics

APRIL 12, 2019

As noted, Malka’s team also instigated the first global returnable packaging system for Ford based on a ‘taxi-service’ concept, though it required a definitive strategy before it was adopted and Ford trialled it in one of its more challenging markets. . “We We all learned a lot from the project. Design for logistics.

Material Savings 56

Material Savings Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 56

Logistics Viewpoints

FEBRUARY 28, 2022

Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Lead times, for example, are a critical form of master data for planning purposes. The processing units in an oil refinery, for example, operate at high temperature and high pressure.

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 169

Forto

JULY 25, 2018

The right strategy can propel the smallest of competitors through better, data-based decision making in international transport to the front of industrial battle lines. It might include the analysis of this data through analytics. Establish a data-driven culture as a core principle in business strategy.

Supply Chain Planning Software 40

Supply Chain Planning Software Data Optimization Software Optimal Sourcing 40

GlobalTranz

SEPTEMBER 19, 2016

While we know this to be true, it doesn’t mean that a factory can’t be built with an eco-friendly outlook. As far as companies in America go, Johnson & Johnson is setting a primary example of eco-friendly production. Facility Analysis. ———————————————————————————————————————————————————————————————————————.

Manufacturing Procurement 87

Manufacturing Procurement Material Savings Resource Reduction Industry 87

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. Knowing your CTS per product and per customer also lets you better control different commercial strategies. Returns management.

Purchasing Skills 88

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 88

SYSPRO Smarter ERP

JANUARY 19, 2022

For example, one of the main problems with Asian-US trade is that all container ship deliveries are now routed to the West Coast, even though the bulk of America’s manufacturers are based on the East Coast. Align your business and supply chain strategies.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

Logistics Bureau

OCTOBER 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. The second is when you implement segmentation of the SKUs in your portfolio based on Pareto analysis. For example, inaccurate forecasts typically lead to: Overstocking — a problem that ties up working capital and can lead to inventory obsolescence.

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

247 Customs Broker

APRIL 6, 2018

They also need to consider how to provide insights to S&OP teams about issues like inventory policies, or item/SKU stocking strategies that, when incorporated into plans, set the stage for success. Conversely, middle managers in logistics need to go beyond pride in being able to expedite. S&OP spans horizons. Assess scenarios.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 28

Blue Grace Logistics

MAY 1, 2019

For example, the shortage of raw material at the factory will affect production. The factory, warehouse, and the retail outlet all incur the cost of storing and managing the inventory until it is required at the next stage in the cycle or sold. Inventory is the core of any business.

Inventory Reduction 48

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 48

GlobalTranz

NOVEMBER 17, 2016

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Increasing order efficiency. Demand forecasts. The quantity of each product.

Supply Chain Design Software 115

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

Logistics Viewpoints

MARCH 21, 2021

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. The model requires the right people skills, but also the right processes, technology, and strategy.

Supply Chain Planning Software 144

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

Blog on Log

NOVEMBER 15, 2007

High-value men's shirts imported into the Unites States from Italy for example have such high opportunity costs they warrant choosing the faster but much more expensive air transport option. We expect this near-sourcing logistics strategy to become more common, although it will not work for all products." imports of Chinese shirts.

Manufacturing Procurement 40

Manufacturing Procurement Sourcing Strategies Cost Reduction Sourcing 40

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. This model became dominant for order-quantity analysis in the study of supply chains. Fails to consider inventory management strategies The EOQ model does not take into account the company strategies.

Inventory Reduction 52

Inventory Reduction Cost Reduction Ordering Waste Reduction 52

CH Robinson Logistics

JANUARY 27, 2021

With the Chinese Lunar New Year approaching in late January 2020, global shippers planned to order stock from Chinese suppliers ahead of the celebration as factories and ports would shut down for two weeks. What they didn’t know is that these ports and factories would remain shut down as the safety restrictions of a global pandemic set in.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Inventory Reduction 62

Logistics Business Magazine

DECEMBER 11, 2022

For example, a big-box retailer that started to build out its pickup services, it delivery services, and so on, so that when the world pivoted, and stores were closed, but people still wanted this retailer’s products, it already had all of that investment there. Consumers are looking for more durable products.

Supply Chain Planning Software 56

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 56

Automotive Logistics

JULY 13, 2018

In June, the OEM outlined a new strategy that includes ambitious targets for electric cars and autonomous vehicles, as well as a rapid rise in the volumes delivered through subscription contracts rather than sales. Every carmaker will need to fathom the supply chain implications of its strategy. . scenarios. . Areas of improvement.

Supply Chain Planning Software 43

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Scenario Planning 43

Material Handling and Logistics

JUNE 25, 2018

The slideshow that follows, then, is our coverage of Gartner’s rankings, which includes both comments from Gartner’s analysts as well as our own analysis, based on independent reporting. As Gartner notes, BMW has developed a 3D digital twin of its factory that it uses for plant modifications and performance calculations. Media Type.

Supply Chain Planning Software 122

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 122

Parade

MAY 29, 2019

In this post, we share: An analysis of three different fulfillment opportunities that our customers typically face: 1) consistent dedicated freight, 2) spot freight (pre-planned), and 3) hot spot freight (same-day). However, there is an overlooked risk you must manage as part of this digital freight matching strategy.

Digital 60

Digital Production Price Reduction Freight 60

Parade

MAY 29, 2019

In this post, we share: An analysis of three different fulfillment opportunities that our customers typically face: 1) consistent dedicated freight, 2) spot freight (pre-planned), and 3) hot spot freight (same-day). However, there is an overlooked risk you must manage as part of this digital freight matching strategy.

Digital 60

Digital Production Price Reduction Freight 60

Talking Logistics

SEPTEMBER 11, 2017

It is also my go-to example when I try to explain supply chain and logistics to my kids. “Do Why doesn’t the ice cream melt when it gets transported from the factory? Take one of the questions above, for example: Can a single truck deliver multiple types of food products together or do they get delivered via separate trucks?

Optimal Sourcing 62

Optimal Sourcing Optimization Modeling Optimization Software Optimization 62

247 Customs Broker

APRIL 5, 2018

Gilmore Says… In a great example of the balance in this book, Sheffi notes the actual evidence of consumer preference for Green products is tenuous at best. And it is this supply chain complexity (more on that in a moment) that in part makes crafting sustainability strategies such a challenge in practice.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 28

Automotive Logistics

JANUARY 18, 2018

Probing more deeply, the company discovered several more instances of supply chains terminating in that region – in some cases, at factories that were the sole source of the components and materials in question. And rather than perform that analysis themselves, it can be attractive to use specialist providers, where those providers exist.”.

Supply Chain Planning Software 28

Supply Chain Planning Software Manufacturing Procurement Supply Chain Software Purchasing Skills 28