SYSPRO Smarter ERP

NOVEMBER 14, 2022

It is no secret that the manufacturer and distributor sectors have been some of the hardest hit by the global health crisis and recent geopolitical instability. Tackling the various hurdles faced by manufacturers and distributors requires a strategic approach. Implementing innovative cost-saving for a manufacturer.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 116

SYSPRO Smarter ERP

APRIL 17, 2023

The manufacturing industry is currently undergoing a rapid digital transformation, and as a result, companies are generating vast amounts of data. In this blog post, we will explore how manufacturers can leverage this technology to achieve data-driven success. This enables managers to take swift action and keep production on track.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

The Logistics of Logistics

MAY 10, 2023

Jorge is Co-CEO of The Nearshore Company , where he helps North American, European, and Asian manufacturing companies to successfully establish reliable manufacturing operations in Mexico. About The Nearshore Company The Nearshore Company is a manufacturing services company that was founded in 1992. Jorge holds a B.A.

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Manufacturing Procurement Sourcing Strategies Cost Reduction Supply Chain Design 312

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. Therefore, it is important to measure how well these suppliers meet the expected high level of quality. Manufacturing KPIs.

Manufacturing Procurement 105

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

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 116

GlobalTranz

JANUARY 22, 2018

Going back to the Industrial Internet of things (IIoT), the use of Internet-connected technology increases risk in manufacturing. billion in 2018 alone, reports Michael Kotelec of Manufacturing.net , and this will bring a strong, robust boost to efficiency and productivity in manufacturing. However, the risk is well worth it.

Manufacturing Procurement 79

Manufacturing Procurement Supply Chain Software Trends Procurement Analytics 79

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

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics. Purchased parts and similar items.

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 101

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. However, the linchpin of these challenges was the manufacturing sector. It’s not just a tool but a strategic partner in improving procurement and benchmarking.

Optimal Sourcing 67

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 67

Carter Logistics

JANUARY 28, 2019

4 Benefits of Near-Sourcing. Near-sourcing – a business moving its operations closer to where its end products are sold – is a growing trend as well as a strategy in the supply chain industry today. We can credit several factors for the increasing popularity of near-sourcing.

Sourcing Strategies 101

Sourcing Strategies Manufacturing Procurement Sourcing Resource Reduction 101

Logistics Viewpoints

MARCH 10, 2022

Regardless, manufacturers actively seek ways to improve their environmental, social, and governance (ESG) scores by reducing their holistic carbon footprint to attract/retain investors, customers, and employees. It will also require the virtual elimination of fossil fuels as an energy source across the board. Why and What?

Logistics Network Optimization Software 139

Logistics Network Optimization Software Expense Reduction Cost Reduction Trends 139

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The State of Supply Chain 2016 Trends. The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

Logistics Business Magazine

DECEMBER 13, 2023

Mark Morley, Senior Director, Product Marketing at OpenText , provides his supply chain trend forecast for the year ahead. Developing more sustainable supply chains has been the goal of all supply chain and procurement leaders around the world. The post Supply Chain Trend Predictions appeared first on Logistics Business® Magazine.

Supply Chain Design Software 61

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 61

GlobalTranz

APRIL 20, 2018

In the decades that have followed, the emphasis on adopting eco-friendly practices, implementing sustainability measures, and protecting the environment has continued to grow, gaining traction across diverse industries , sectors, and settings — including the manufacturing world. Sustainable manufacturing can also be very cost-effective.

Manufacturing Procurement 78

Manufacturing Procurement Waste Reduction Material Savings Cost Reduction 78

GlobalTranz

JANUARY 17, 2017

Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

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

DECEMBER 18, 2014

All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. Fabricators now are trying to be fast enough to meet any and all customer needs whenever they crop up. The keyword here is fast.

Manufacturing Procurement 94

Manufacturing Procurement Tips Purchasing Skills Sourcing Strategies 94

Blue Grace Logistics

OCTOBER 7, 2021

In order to stay competitive in the market, shippers need to be agile and adapt to new trends. Only with complete transparency is it possible to increase efficiency and meet sustainability goals in the future. . Understanding the suppliers’ perspective can make decision-making easier to meet environmental ambitions of shippers.

Waste Reduction 62

Waste Reduction Meeting Optimal Sourcing Supply Chain Planning Software 62

GlobalTranz

AUGUST 30, 2018

ERP systems are a raging trend in the corporate arena these days – these miraculous platforms are a sure shot way to infuse productivity into your routine operations! The manufacturing industry is experiencing a global boom, and this is the very reason that modern manufacturers need a great ERP solution to improve efficiency.

Supply Chain Planning Software 49

Supply Chain Planning Software Optimization Software Manufacturing Procurement Modeling Software 49

EazyStock

DECEMBER 17, 2019

Intro to 2020 Supply Chain Management Trends. Throughout the last decade, the main trends were digitization and globalization. 2020 supply chain management trends will further these shifts. 2020 supply chain management trends will further these shifts. Greening” the Supply Chain.

Supply Chain Software 81

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 81

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

Now, That's Logistics

JANUARY 20, 2022

6 Trends to Watch. Whether you operate your own warehouses or contract your logistics function out to a third-party, here are six top trends you’ll want to be aware of for 2022: AGV (Automated Guided Vehicles)/robots are becoming the norm. Companies are developing more resilient distribution operations.

Trends 78

Trends Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

Trinity Logistics

SEPTEMBER 18, 2023

We still expect to see a seasonal increase in spending at the end of the year for holiday shopping, but with consumers being more dependent on credit for purchases, and the rate of savings on the decline, expenditures are expected to be less than in prior years. As freight volumes started to decline, as seen by the blue line in Figure 1.2,

Freight 106

Freight Manufacturing Procurement Purchasing Skills Capacity 106

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. Read also: Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! What are the company’s goals?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

Ship Monk

NOVEMBER 8, 2022

They manufacture their own goods — that is, they purchase raw materials and/or components, design and build something new out of these materials in their own facilities, and sell the finished goods online. In this scenario, the ecommerce business is considered a contract manufacturer, and the factory is considered a subcontractor.

Inventory Reduction 80

Inventory Reduction eCommerce Inventory Manufacturing Procurement 80

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

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

GlobalTranz

JANUARY 22, 2019

Unfortunately, companies that fail to stay in line with the top 2019 logistics trends could face uncertainty and lost competitive advantage, so let’s look at some of the top trends shippers should know to stay successful. Dropshipping refers to manufacturers sending products directly, but products are purchased through a third-party.

Logistics Network Optimization Software 72

Logistics Network Optimization Software Trends Supply Chain Software Procurement Solutions 72

Logistics Business Magazine

JANUARY 19, 2024

This included cooperating on policy matters affecting the industry such as the PPWR and working together to source high quality data to inform better decision making for the business. per cent increase in pallet manufacture shown in last year’s report – and may be followed by a larger decrease for 2023. This follows the 8.3

Collaboration 63

Collaboration Data Industry Manufacturing Procurement 63

GlobalTranz

FEBRUARY 13, 2017

Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025.

Resource Reduction 82

Resource Reduction Trends Inventory Reduction Material Savings 82

GoShip Blog

FEBRUARY 28, 2023

CPGs often have a limited shelf life since these are goods that we all purchase for immediate use. Companies that supply manufacturers often face intense competition. These types of goods are also meant to be consumed almost immediately, so CPGs are usually shipped in massive quantities to meet the consumer’s demands.

Packaging 52

Packaging Manufacturing Procurement Purchasing Skills Buyer Training 52

Logistics Business Magazine

APRIL 23, 2021

The global pandemic has placed a spotlight on the fragility of modern supply chains and manufacturing processes. And with that, everything moved online, from seniors buying their groceries with a mobile app to kids attending virtual school through to the continual scheduling of Zoom meetings. The demand on ecommerce was staggering.

Supply Chain Software 65

Supply Chain Software Manufacturing Procurement Automation Supply Chain Design Software 65

Logistics Viewpoints

JANUARY 26, 2021

While lean manufacturing and just-in-time were game-changing concepts when they were introduced, agility and resilience must be taken to an entirely new level post pandemic. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

Log-hub

MAY 22, 2024

Key Components of Multi-Tier Supply Chain TIER 1 SUPPLIERS : Direct suppliers who provide goods and services to the manufacturer or company. Type of Multi-Tier Supply Chain Analytics DESCRIPTIVE ANALYTICS : Involves analyzing historical data to understand past performance and identify trends. Here, standardization plays a vital role.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

Key Components of Multi-Tier Supply Chain TIER 1 SUPPLIERS : Direct suppliers who provide goods and services to the manufacturer or company. Type of Multi-Tier Supply Chain Analytics DESCRIPTIVE ANALYTICS : Involves analyzing historical data to understand past performance and identify trends. Here, standardization plays a vital role.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52