FreightWaves SONAR

MARCH 18, 2021

Managing the manufacturing supply chain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

SYSPRO Smarter ERP

FEBRUARY 23, 2022

These will require a re-think of how to manage products, streamline the business and interact with customers. 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. Quality management. Traceability.

Manufacturing Procurement 105

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

Conger

DECEMBER 13, 2022

When switching suppliers, use a sourcing solution so that you avoid inventory deficits and get back up and running with the new supplier quickly. The closer the supplier is to your warehouse or manufacturing plant or location , the easier it is to reduce lead times. Handling multiple purchase orders. Choose Domestic Suppliers.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

SYSPRO Smarter ERP

JANUARY 9, 2023

Manufacturers increasingly turning to data and analytics, from an ERP system, to support business initiatives. In most cases, there has been a succession of tools that worked in some cases but were not broadly successful. Many manufacturers are data-rich but when it comes to using it they are insight-poor.

Manufacturing Procurement 111

Manufacturing Procurement ERP Data Logistics Network Optimization Software 111

SYSPRO Smarter ERP

MARCH 28, 2024

It’s also about using the right tools, platforms, and skills to unlock maximum value. But even with the right skills, without the tools they will not be able to unlock value. How to apply metrics One challenge is deciding what metrics to use. There needs to be an understanding of how granular the metrics should be.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Planning Software Optimal Sourcing 52

SYSPRO Smarter ERP

DECEMBER 14, 2023

Companies in this market produce the machines used by other manufacturers. Because of the dynamic market they operate in, IM&E manufacturers are seeking to balance productivity and efficiency with responsiveness and agility. Quality and safety Customers expect higher quality products from manufacturers.

Manufacturing Procurement 52

Manufacturing Procurement ERP Optimal Sourcing Optimization Software 52

SYSPRO Smarter ERP

JANUARY 5, 2022

In these times when past practices have been overturned, people at all levels in a business need a tool to help them plan and prioritize activities. How to start with AI. In my next blog I will discuss how AI embedded in your ERP can assist with managing and optimizing your organizations inventory. What is AI.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Modeling Software Optimization Software 124

SYSPRO Smarter ERP

NOVEMBER 6, 2023

Managing sophisticated manufacturing operations is not unlike coordinating the world’s air traffic. In this post, we’ll help you assess your current capabilities, navigate the often-turbulent process of selecting a new ERP, and successfully land a future of manufacturing precision. Consider the metaphor for a moment.

ERP 124

ERP Manufacturing Procurement How To Sourcing Strategies 124

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Ask manufacturing leaders what changes they plan to make in the next three years in the wake of the coronavirus pandemic, and they will likely say their use of technology will deepen as more and more players in their supply chains come to rely on digital connections for daily interactions. Talent gaps: ? Legacy systems:? Managing Inventory.

Supply Chain Planning Software 105

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

Logistics Viewpoints

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. This article describes how to incorporate simulation techniques into optimization, build a stochastic optimization model, and end up with a more resilient supply chain model. Optimization and simulation are the two main branches of SCND.

Supply Chain Design Software 137

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 137

Kanban Logistics

JULY 23, 2020

Walk into the manufacturing sites of many large companies and you’ll observe a finely tuned inbound logistics operation, with parts and raw materials arriving at the factory for that day’s production requirements. Here are some of the ways that 3PLs can help smaller plants take advantage of logistics services in the manufacturing industry.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Negotiating Skills Procurement Solutions 52

GlobalTranz

MAY 5, 2015

Since 2011, the federal government focused on changing this paradigm and made American manufacturing a priority. Under the guidance of the Department of Commerce/NIST , they developed an infrastructure with dedicated funding to rebuild our manufacturing sector. manufacturing.” Below is an overview of this program.

Manufacturing Procurement 104

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Modeling Software 104

GlobalTranz

JULY 2, 2015

Lean and green are not only trendy topics, but they also make good business sense, especially for manufacturers. However, since both concepts have been saddled with a lot of hype, manufacturers have tended to shy away from pursuing these goals. Get Lean the Easy Way. Error Proofing. Education and Alignment.

Manufacturing Procurement 99

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 99

SYSPRO Smarter ERP

AUGUST 31, 2023

If you are a finance professional in a manufacturing business, your main goals are to reduce risk, improve profitability, and maintain high levels of compliance. To build and customize reports many teams use Excel, the accountant’s favorite tool. You will need to go back to the data source and start again. Analysis is limited.

Optimal Sourcing 111

Optimal Sourcing Optimization Software Data Optimization 111

GlobalTranz

FEBRUARY 8, 2016

To log, track and trace everything’, your vision of a better manufacturing floor. Here’s how you can improve manufacturing floor data collection, long-term. A key component of any manufacturing process is data collection. However, are you starting to outgrow your manufacturing floor data collection system ?

Manufacturing Procurement 66

Manufacturing Procurement Data Optimal Sourcing How To 66

GlobalTranz

OCTOBER 9, 2015

The advancements in 3D printing and 'Additive Manufacturing,' coupled with supply chain efficiencies, could make distributed manufacturing a reality, ushering in the era of smart manufacturing. The Continual Coverage and Now Reality of Smart Manufacturing with 3D Printing.

Manufacturing Procurement 125

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

GlobalTranz

JULY 2, 2015

Lean and green are not only trendy topics, but they also make good business sense, especially for manufacturers. However, since both concepts have been saddled with a lot of hype, manufacturers have tended to shy away from pursuing these goals. Get Lean the Easy Way. Error Proofing. Education and Alignment.

Manufacturing Procurement 67

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 67

Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products.

Supply Chain Software 117

Supply Chain Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 117

GlobalTranz

SEPTEMBER 14, 2016

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Use External Benchmarking Tools. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated.

Manufacturing Procurement 102

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Material Savings 102

Ship Monk

JUNE 22, 2022

Do you know how to calculate ending inventory? Knowing how to calculate ending inventory and continually monitoring it is critical for growing your business and maintaining profitability. Methods for Calculating Purchases and COGS. Total purchase costs and total COGS are divided by the number of units purchased or sold.

Inventory Reduction 64

Inventory Reduction Inventory Purchasing Skills How To 64

Ship Monk

JUNE 30, 2023

We’re going to show you how to identify KPIs for your business by breaking the process down into three parts. Fortunately, most metrics are tracked automatically, using various tools and software systems. Yield: The number of units manufactured in a certain time period. Cycle Time: The time it takes to manufacture a single unit.

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

It has also emphasized how fragile supply chains really are. Manufacturers have realized that while they may aim to be stable, what they really need is to be agile. How rapidly can you adapt if something changes quickly like it has done? How do you ensure delivery if once reliable supply chains break? Operations.

Supply Chain Planning Software 115

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

GlobalTranz

MAY 23, 2017

We work with a lot of manufacturing companies and one of the questions we get most often is 'Why do we need to blog'? Often followed by 'How do we blog for manufacturing'? So now we know what a blog is but why is manufacturing blogging a great idea and not a waste of time: To Help People. A word about what a blog is.

Manufacturing Procurement 75

Manufacturing Procurement Waste Reduction Blog Waste 75

Material Handling and Logistics

AUGUST 10, 2018

But I often see companies that have more cutting tools, for example, than they need. If a specification changes or new tools come online, this excess inventory may end up in the trash. If you’ve tried to trim costs by buying cheaper cutting tools, but their low quality means you’ll use more of them, are you really saving money?

Negotiate Pricing 90

Negotiate Pricing Negotiating Skills Purchasing Skills Procurement Solutions 90

GlobalTranz

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturers will seek custom (or specifically tailored) e-commerce solutions.

Manufacturing Procurement 81

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

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 115

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

GlobalTranz

MARCH 23, 2016

How to Breakthrough Lean Culture Plateaus. Leader standard work in order to create accountability within the team structure; Problem-solving thinking; how to align your organization so that the right problems are solved at the right level. Practices and learns how to apply Lean tools. Is the team not improving as much?

Manufacturing Procurement 54

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 54

GlobalTranz

JANUARY 20, 2015

As we get settled into this new year, we thought we’d share observations from conversations we’ve had with manufacturers and distributors recently. In fact, in order to combat these ever pressing issues and competition, we recently shared our insights on trends for 2015 facing manufacturers and distributors on the Cisco-Eagle Blog.

Manufacturing Procurement 105

Manufacturing Procurement Price Reduction Inventory Reduction Resource Reduction 105

Logistics Viewpoints

MARCH 1, 2021

Dr. Alexandros Skandalakis – the Director Global Manufacturing Capacity, Strategic Assets and Capital Expenditures at Philip Morris Products S.A. This was done at a stock keeping unit level and for the entire manufacturing supply chain. The tool was able to create a model going out multiple years. It was predictable.

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 107

GlobalTranz

DECEMBER 10, 2014

Editor’s Note: We love talking about and reporting on technology which effects and also makes the lives’ of manufacturing companies much better. We’ve been providing manufacturing companies and shippers with a web-based transportation management system since 1998, before web-based TMS was as prolific as it is today.

Manufacturing Procurement 112

Manufacturing Procurement Supply Chain Design Software Modeling Software Material Savings 112

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. Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Supply Chain Chaos is the New Norm. They call this their “n-tier” supply chain.

Supply Chain Software 124

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 124

GoShip Blog

JULY 7, 2021

These interconnected parts seamlessly move a product from a manufacturer or supplier to its final destination, such as a customer or retail store. OEMs or distributors manufacture and sell products directly to the consumer market. . Supply chains are a network of organizations, individuals, and activities. Quote Form]. link] .

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 98

GlobalTranz

JANUARY 17, 2018

Revolution is prevalent across the manufacturing lines. Manufacturers are looking for ways to explore new technologies, reinvent manufacturing strategy, enhance troubleshooting, bringing manufacturing closer to consumer and levy the power of intelligent tools to streamline operations and cut costs.

Manufacturing Procurement 58

Manufacturing Procurement Cost Reduction Resource Reduction Trends 58

Logistics Business Magazine

FEBRUARY 15, 2023

Several variables, such as the number of manual trucks replaced, robotic units purchased, operating hours and burdened labour rate, will greatly influence the calculation of and speed with which an operation can reasonably expect to achieve ROI. The post How to Reduce Supply Chain Costs appeared first on Logistics Business® Magazine.

Cost Reduction 59

Cost Reduction Expense Reduction Supply Chain Design Software Price Reduction 59

Logistics Business Magazine

MAY 14, 2024

Core system optimisation is a vital link for manufacturing’s supply chain success, writes David Lees (pictured), CTO of Basis Technologies. Manufacturing supply chains are growing increasingly complex and difficult to manage. Untold benefits await those manufacturers that move away from this mindset.

Supply Chain Software 55

Supply Chain Software Supply Chains SAP Manufacturing Procurement 55