SYSPRO Smarter ERP

MARCH 21, 2022

Unless manufacturers change, they will find that their ability to forecast demand, and determine what to do to meet it, will be challenging. Supply chain management (SCM) systems help businesses to manage the flow of goods and services right from the sourcing of raw materials, to delivering finished goods to the customer.

Manufacturing Procurement 116

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

SYSPRO Smarter ERP

MARCH 20, 2024

For manufacturers, having the right business intelligence on hand at the right time can eliminate the guesswork from decision making, offering real-time visibility into business processes so you can anticipate your next move. Common issues include: Lack of data-source integration. Data warehousing costs rise. Human error.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

SYSPRO Smarter ERP

APRIL 11, 2022

Over the last decade, the role of the manufacturing and distribution CFO has undergone a profound shift. survey , 57% of manufacturing CFOs agree that proficiency and knowledge to create an effective plan to operationalize and transition the business into a digitalized and automated manufacturer is the most critical factor globally.

Manufacturing Procurement 105

Manufacturing Procurement ERP Distribution Supply Chain Design Software 105

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. Manufacturing KPIs. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 105

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

Logistics Viewpoints

MAY 1, 2025

They emphasized being an Industry Cloud Complete Company with industry-specific solutions for over 2000 micro verticals across Process Manufacturing, Distribution, Service Industries, and Discrete Manufacturing. Industry-specific content is available for processes like Source to Settle, Procure to Pay, Order to Cash, and more.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Supply Chain Design Software Material Savings 81

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". For example, in one Indiana case, Tyler Pipe Industries, Inc. Battle of the Forms: Will You Win, Lose or Draw?

Manufacturing Procurement 106

Manufacturing Procurement Negotiate Pricing Optimal Sourcing Procurement 106

SYSPRO Smarter ERP

JANUARY 19, 2022

There’s no doubt that the pandemic, with its harsh lockdowns and impact on economies worldwide, has played a dramatic role in the supply chain disruptions being experienced by manufacturers. Many businesses in the US, and elsewhere, were sourcing their componentry from China. How can businesses create the supply chain of the future?

Manufacturing Procurement 105

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

SYSPRO Smarter ERP

JUNE 9, 2022

Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? How much does it cost us to manufacture this product? Here’s an example. The power of business intelligence for manufacturers. Mid-market manufacturers need a tool that’s tailored to their needs.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

Logistics Viewpoints

SEPTEMBER 4, 2023

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Simmons Foods Simmons Foods is a farm to fork poultry manufacturer.

Procurement Solutions 115

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 115

GlobalTranz

MARCH 17, 2016

This year looks like it's going to be one of the most innovative years for manufacturing technology. Purchasing and supply executives predict that the global manufacturing industry will continue to expand. and Chinese manufacturers. 4 Technologies Changing Global Manufacturing, As Told in 4 Infographics.

Manufacturing Procurement 90

Manufacturing Procurement Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 90

SYSPRO Smarter ERP

MARCH 2, 2022

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. Risk management. Collaboration with Finance.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 122

Supply Chain Planning Software Supply Chain Design Software Examples Manufacturing Procurement 122

GlobalTranz

FEBRUARY 2, 2016

How often do you hear the term, “productivity in manufacturing?” Today we will talk about how supply chain mobility will aid in this pursuit, but first let's take a look at what it means to manufacturers. Each of these definitions applies to a manufacturer’s ability to produce a surplus of a product.

Manufacturing Procurement 89

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 89

WorkWave

JANUARY 21, 2025

For example, if an employee works 40 hours at regular pay plus 10 hours of overtime, they will not pay federal income tax on those overtime hours. These might include discounts for purchasing electric lawn equipment or energy-efficient pest control solutions. Impact of Policy Proposals: An Industry-Specific Analysis 1.

Cost Reduction 110

Cost Reduction Price Reduction Expense Reduction Material Savings 110

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement Procurement Document 113

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. Most manufacturing processes heavily rely on the use of machinery. For example, a subtle change in hydraulic pressure may still permit the machine to operate.

Supply Chain Software 133

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 133

Logistics Bureau

DECEMBER 28, 2024

For example, switching from air to ocean freight for non-time sensitive shipments can reduce carbon emissions by up to 95% per unit shipped. Also consider on-site renewable energy generation through solar panels or purchasing renewable energy credits (RECs) to offset facility emissions. How can we help?

Resource Reduction 75

Resource Reduction Material Savings Supply Chain Design Software Supply Chain Planning Software 75

IoT World Today

MAY 21, 2020

If we’re going to be able to prepare for these types of events in future, we have to identify appropriate sources of information that we should focus on all the time — not just when [crisis] manifests,” said Randy Bradley, associate professor of information systems and supply chain management at the University of Tennessee. “We

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

Logistics Viewpoints

DECEMBER 14, 2023

And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. By identifying these gaps, you can create sourcing events to close them.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 130

Logistics Bureau

SEPTEMBER 4, 2023

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

Logistics Viewpoints

FEBRUARY 20, 2024

To demonstrate that classic (single time series demand input) optimization and stochastic (multiple time series demand input) optimization can yield substantially different results, we will analyze a network of a company A that has four manufacturing plants that need to service demand in every mainland US state.

Supply Chain Design Software 124

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 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

JULY 17, 2024

Jeff Erwin, VP of manufacturing at G&J Pepsi-Cola Bottlers , has been helping to accelerate the digital transformation while aligning with the company’s goals and mission to improve its operational efficiency and meet customer requirements and regulatory compliance challenges by tracking and measuring performance.

Digital 126

Digital Procurement Analytics Manufacturing Procurement Modeling Software 126

Logistics Viewpoints

JANUARY 16, 2025

Edge Hardware: The battle for edge hardware also intensified in 2024, as companies sought to deploy AI capabilities closer to the source of data. This puts pressure on other device manufacturers to follow suit. ChatGPT Search : This feature gives users a way to get answers from relevant web sources.

Modeling Software 119

Modeling Software Supply Chain Design Software Optimization Software Supply Chain Planning Software 119

Logistics Viewpoints

SEPTEMBER 19, 2023

Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

Supply Chain Design Software 119

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 119

SYSPRO Smarter ERP

NOVEMBER 8, 2021

For example: Japan earthquake 2016. One source reports disruptions increased over 60% between 2019 and 2020. JIT(Just-In-Time) deliveries and lean manufacturing (reducing times in production and in supplier response) were the goals of many manufacturers. Source: McKinsey. Review sourcing and suppliers.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

Logistics Bureau

NOVEMBER 3, 2024

Mini Case Study: Walmart Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. For example, supplier performance issues can cause problems with inventory, order fill; on-time delivery performance and customer-order lead times.

Supply Chain Design Software 74

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 74

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. A means of optimizing Supply Chain performance in which the manufacturer is responsible for maintaining the distributor’s inventory levels.

Vendor Strategies 127

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 127

Logistics Viewpoints

JUNE 3, 2025

Optimizing fulfillment requires a series of steps to get a shipment from its source to the end customer. These steps include sourcing and receiving inventory, storing inventory, order processing, picking and packing an order, shipping the order, and returns management. Many companies aim for 95% or higher, which can be a daunting task.

Optimal Sourcing 62

Optimal Sourcing Optimization Software Sourcing Strategies Inventory Reduction 62

Material Handling and Logistics

JANUARY 22, 2019

The companies that disclosed to CDP in 2018 did so at the request of over 650 investors with assets of $87 trillion, and/or 115 major purchasing organizations with a combined spend of US$3.3 million (US$3.6 million (US$3.6 billion (US$4 million).

Material Savings 107

Material Savings Manufacturing Procurement Purchasing Skills Cost Reduction 107

GlobalTranz

APRIL 22, 2015

In this infographic you will learn, for example, that the global market value for logistics has surpassed $4trillion. Efficient logistics is an important determinant of a country’s competitiveness and source of employment. It is also defined as the procurement, maintenance, distribution, and replacement of personnel and material.

Global logistics 134

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 134

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. But just because you can outsource it all doesn’t mean you should.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

SYSPRO Smarter ERP

JULY 4, 2022

How could a manufacturing business that bends, cuts and welds metal benefit from Cloud ERP? According to the recent SYSPRO global research survey, an enormous 82 percent of Fabricated Metal Manufacturers experienced supply chain and material handling disruptions over the past twelve months. Connecting through Cloud ERP.

Optimization Software 111

Optimization Software ERP Supply Chain Software Manufacturing Procurement 111

Logistics Bureau

DECEMBER 22, 2024

A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. Why Are KPIs Important?

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Viewpoints

MARCH 8, 2021

Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. Belcorp Corporation, headquartered in Peru, manufactures cosmetics and personal care products for women in 14 nations across South and Central America.

Supply Chain Design Software 128

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 128

GlobalTranz

JULY 28, 2021

For instance, managed transportation includes value-added logistics capabilities, including: Logistics consulting and analysis to understand current needs, costs, savings opportunities by mode, benchmarking and implementation or training of new systems. Transportation optimization can occur at a network level and an execution level.

Optimal Sourcing 127

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 127

GlobalTranz

AUGUST 5, 2015

However, return merchandise authorization may include several different aspects of service-after-sale, such as warranty management, service agreements, analysis of returns, and management of end-of-life equipment, vendor management, and replacement. Let’s take a look into how RMAs function and some common examples of RMA policy.

Resource Reduction 117

Resource Reduction Vendor Strategies Reverse logistics Cost Reduction 117