SYSPRO Smarter ERP

SEPTEMBER 20, 2021

SYSPRO ’s 2020 survey, The Inflection Point for the Factory of the Future , showed that only about one-third (38%) of manufacturers’ business systems had enabled them to meet the challenges posed by the COVID-19 pandemic. Similarly, a 2021 study from McKinsey showed that just 19% of companies that had adopted Industry 4.0

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

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. Analysis of Trends and Recommendations. In some cases, human intervention and input will be completely eliminated. IoT and Machine Functionality.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Logistics Viewpoints

JANUARY 31, 2022

Let’s put a major multinational – Saint-Gobain – under the microscope to illustrate how this kind of analysis. In Brazil, across 16 business units, they operate 56 factories and 126 distribution centers and outlets. The Coupa tool provides a much more efficient way to conduct cost saving/sustainability studies.

Material Savings 109

Material Savings Cost Reduction Price Reduction Expense Reduction 109

MTS Logistics

MAY 23, 2022

The root causes of the shortage are numerous and stem from factory closures, supplier issues, and disruptions in the supply chain. After the world spent many days talking about general supply chain shortages throughout 2021 and the first half of 2022, the current baby formula shortage is a case study in real-time supply chain shocks.

Supply Chains 105

Supply Chains Government Case Study Military 105

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. Besides optimising the present or fixing the past, CTS reporting and analysis opens the door to what-if scenarios and projections.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

MTS Logistics

DECEMBER 3, 2021

These issues include port lockdowns, container shortages, blank sailings, ships being taken out of service, an overall reduction in shipping capacity, shipping backlogs, truck-driver shortages, port bottlenecks, constant lockdowns in Asia, widespread factory closures, labor shortages and the list goes on.

Supply Chains 101

Supply Chains Scenario Planning Price Reduction Expense Reduction 101

Logistics Business Magazine

NOVEMBER 19, 2020

Forensic profitability analysis for small and global businesses alike is available at a click with today’s supply chain software, as Paul Hamblin discovers. This is where data software vendor The Information Factory came in. The Information Factory has built the analytical capability to make these examinations very quickly.

Supply Chain Software 53

Supply Chain Software Logistics Network Optimization Software Factories Data 53

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 premise of the study was interesting. The goal should not just be to close the existing gaps.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 126

Logistics Viewpoints

FEBRUARY 28, 2022

Since then, virtually every supplier I talked to in the process of updating this year’s Supply Chain Planning Market Analysis Study has said they are investing in this area. That is every machine, factory, DC, mode of transportation, supplier, product, material, etc. These indices then become attributes of these objects.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 139

Logistics Business Magazine

NOVEMBER 1, 2021

The current study “Mobilising the Delivery Workforce: The State of Mobile Technologies in Transport and Logistics 2021” by Arlington Research shows that mobile-first technologies will play a key role in the delivery of goods in the final delivery area. Collected data can be viewed using built-in data analysis and display tools.

Supply Chain Planning Software 53

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software RFID 53

MTS Logistics

OCTOBER 9, 2023

A study by PwC found that 66% of surveyed executives anticipate higher supply chain costs as a result of diversifying away from China. The underlying logistics regulations, political stability and compliance are biggest challenges. Managing a decentralized supply chain is more complex than dealing with single supplier or country of origin.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills Supply Chain Software Supply Chains 105

Globalior

DECEMBER 19, 2020

Hence, when dealing with a new trading partner, the seller should discuss details with the buyer and iron out minor but important details like: Will the invoice price reflect ex-factory price or the Incoterm price or both? It is a good idea to refer to several different versions of Incoterms® 2020 charts when doing any study or analysis.

Cargo 52

Cargo How To Examples Factories 52

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

Logistics Bureau

JANUARY 7, 2020

Mini Case Study: Walmart. Mini Case Study: Whirlpool. As a result, the newly merged company developed a systematic methodology for network design optimisation, based on the following four principles: A continual process of high-powered modelling and network design analysis.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

ShipLilly

JUNE 23, 2021

When the flow of goods in and out of factories is controlled through AI, there is increased productivity in terms of processing times for orders. For example, a comparative analysis of sales and inventory will raise red flags if there are shortages or gluts. Wrapping up.

Optimal Sourcing 87

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 87

Logistics Business Magazine

JANUARY 30, 2019

Hymo’s heavy-duty, outstandingly reliable and highly customizable BX and MX models are used on tens of thousands of production lines and in advanced distribution centres and factories. Following detailed studies, Hymo’s virtual presentation of the vertical factory has now been extended to the Vertical City.

Modeling Software 28

Modeling Software Modeling Material Savings Factories 28

GlobalTranz

MARCH 28, 2016

Using AI driven product nature of being and smart attributes, data can be structured to support the needs of ERP applications as well as strategic sourcing and Value Analysis activities , all from one data set. These super-intelligent machines are already taking over factory workers, stock traders, data processors, even news reporters.

Logistics Network Optimization Software 56

Logistics Network Optimization Software Optimization Software Modeling Software Supply Chain Software 56

GlobalTranz

FEBRUARY 27, 2017

The volume of product damage occurring in between manufacturing and retail is substantial - a 2008 study by Deloitte estimated “unsaleable” product cost manufacturers $15 billion annually or 1-2% of gross sales. Our folks have spent much of the last 45 years on factory floors across America. Root cause.

Waste Reduction 80

Waste Reduction Cost Reduction Expense Reduction Material Savings 80

Blog on Log

NOVEMBER 15, 2007

The consultant's latest liner shipping schedule reliability study found that about half of all vessels tracked arrived in port later than advertised. Drewry said that based on information received from manufacturers the labor costs of a mid-priced shirt from China is about 10 percent to 30 percent of the ex-factory price.

Manufacturing Procurement 40

Manufacturing Procurement Sourcing Strategies Cost Reduction Sourcing 40

Logistics Manager

MAY 8, 2020

As the global economy is progressively growing, factory production and cargo transportation are continuously affecting the world. The system simulates the human brain for the study and analysis of neural networks. A large amount of CO2 emissions are being released into the atmosphere.

Optimization Software 45

Optimization Software Trucking Logistics Network Optimization Software Data 45

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. The collaboration of companies with purchasing offices, suppliers, factories, testing laboratories, logistics service providers and distributors is becoming increasingly important.

Supply Chain Planning Software 50

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

GlobalTranz

MARCH 15, 2017

The volume of product damage occurring in between manufacturing and retail is substantial - a 2008 study by Deloitte estimated “unsaleable” product cost manufacturers $15 billion annually or 1-2% of gross sales. Our folks have spent much of the last 45 years on factory floors across America. Root cause .

Cost Reduction 48

Cost Reduction Waste Reduction Expense Reduction Material Savings 48

Logistics Business Magazine

OCTOBER 11, 2021

These operations are more like factories than stores, requiring an intelligent understanding of the steps and costs associated with complex manual tasks. A ‘pick’ in a distribution centre may have 30 or more time-study elements. Some of these may be unnecessary, or perhaps could be reordered or relocated to be more efficient.

Production 51

Production Material Savings Modeling Software Resource Reduction 51

Logistics Business Magazine

JUNE 14, 2019

In continuing to accelerate its sophistication and understanding, GEFCO undertook a major piece of long-term risk analysis exploring CSR issues from both its own perspective and that of all external stakeholders. Other innovative solutions are also being studied, such as the electrification of vehicles and connected transport.

Logistics Network Optimization Software 28

Logistics Network Optimization Software Waste Reduction Resource Reduction Procurement Solutions 28

Logistics Bureau

JANUARY 1, 2025

ABC Analysis: A form of Pareto analysis applied to a group of products to enable selective inventory management controls. ABC Classification: The classification of inventory, after ABC analysis, into three basic groups for the purpose of stock control and planning. Best practices are the cause of best performance.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 76

Logistics Business Magazine

DECEMBER 11, 2022

For example, brand manufacturers and retailers—are beginning to perform life cycle analysis of their products to ascertain the environmental impacts of the products they sell. Typically product life cycle studies included just a handful of products, and results were extrapolated to similar products.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 55

247 Customs Broker

APRIL 19, 2018

A little more than 20 years ago, I was doing some consulting for a company called Indiana Glass, then a division of Lancaster Colony, at its Dunkirk, IN factory just outside of Muncie. Alas, it appears the factory was shuttered more than a decade ago. But there is one image I will never forget from my time there.

Supply Chain Planning Software 28

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

247 Customs Broker

APRIL 5, 2018

And though it was more of a social issue than environmental one, Sheffi cites the 2013 collapse of an apparel factory building in Bangladesh that killed more than 100, after which a number of brand companies and retailers such as Walmart and JC Penny initially touted that the factories weren’t producing any of their products.

Supply Chain Planning Software 28

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

GlobalTranz

JUNE 24, 2015

To reiterate that reshoring is more than just hype and a very important topic for us to consider the Boston Consulting Group (BCG) study found that 54% of companies with above one billion in revenues are now considering reshoring. Also, the majority of factories that could leave may have already gone. safety requirements.

Manufacturing Procurement 97

Manufacturing Procurement Supply Chain Planning Software Cost Reduction Sourcing Strategies 97

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. Despite being disseminated widely, it was unnoticed for many years until it was rediscovered in 1988.

Inventory Reduction 52

Inventory Reduction Ordering Cost Reduction Waste Reduction 52

Logistics Bureau

JANUARY 14, 2025

The Factory Gate Pricing (FGP) and Primary Freight (PF) strategies, as adopted by major grocery retailers, are causing a shudder up the spine of many retail suppliers. What are Factory Gate Pricing and Primary Freight strategies? Under the FGP and PF models, the retailers collect the products from the suppliers factory gate.

Price Reduction 75

Price Reduction Cost Reduction Sourcing Strategies Negotiate Pricing 75

Logistics Viewpoints

NOVEMBER 19, 2024

It can find and learn from patterns in big data sets to make predictions, such as when a machine is likely to fail in a factory, which external signals will most impact a demand forecast, or what actual lead times for parts will be. In short, delegating to AI is moving fast and making an impact.

Supply Chain Design Software 113

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Software 113