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

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. Unfortunately, without proper processing and analysis, this data is of little use to the organization. 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

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. Align your business and supply chain strategies.

Manufacturing Procurement 105

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

GlobalTranz

MAY 12, 2015

A global marketplace is emerging that represents a huge opportunity for manufacturing. But the market is segmented, demanding specialization that will be tough for traditional manufacturers to handle. Technology and Manufacturing: It is a Part of the Cerasis DNA & How we Empower our Manufacturing Shippers.

Manufacturing Procurement 97

Manufacturing Procurement Modeling Software Supply Chain Planning Software Digital 97

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

FEBRUARY 20, 2024

That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. Another strategy is to dedicate resources and build the best algorithm for demand forecasting. While this sourcing strategy is the most cost-effective one, the business might not want to operate like that.

Supply Chain Design Software 117

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 117

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

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? The power of business intelligence for manufacturers. Mid-market manufacturers need a tool that’s tailored to their needs. ERP and business intelligence.

Supply Chain Planning Software 98

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

GlobalTranz

FEBRUARY 27, 2015

Editor’s Note: Today we are featuring this guest post from Find Accounting Software as it covers a subject we are also interested in, Manufacturing Technology which makes businesses more efficient. Earlier identification of product manufacturing issues. on using JustFoodERP at their food manufacturing company.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

The Logistics of Logistics

DECEMBER 29, 2020

He has over 25 years of experience across all functions of the supply chain and IT in multiple industries including consumer products, life sciences, and industrial manufacturing. She has led programs ranging from acquisitions to technology deployment with a strong focus on lean manufacturing and data management. About CarrierDirect.

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 201

GlobalTranz

SEPTEMBER 19, 2016

They discuss what it takes to create green industrial and manufacturing facilities from scratch. Creating Green Industrial and Manufacturing Facilities From Scratch. Product demand has a lot to do with creating environmental issues in the manufacturing industry. IKEA certainly has no problem understanding it.

Manufacturing Procurement 87

Manufacturing Procurement Material Savings Resource Reduction Industry 87

WorkWave

JANUARY 21, 2025

These might include discounts for purchasing electric lawn equipment or energy-efficient pest control solutions. Impact of Policy Proposals: An Industry-Specific Analysis 1. As a result, security firms might need to adjust their pricing strategies to maintain profit margins. economy rather than keeping them in foreign accounts.

Cost Reduction 110

Cost Reduction Price Reduction Expense Reduction Material Savings 110

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

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. VR tends to replace the entire image.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

Logistics Bureau

DECEMBER 28, 2024

Transportation Networks and Modal Shifts A good transportation strategy is one of the best ways to reduce emissions. You can consider setting up a supplier development program that includes training on carbon accounting and reduction strategies, sharing best practice and potentially co-investing in clean energy projects.

Resource Reduction 75

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

GlobalTranz

APRIL 28, 2017

93% of all B2B purchases start with an Internet search. 59% of B2B buyers explicitly indicate that they do not want to interact with a sales representative as their primary source of research. 59% of B2B buyers explicitly indicate that they do not want to interact with a sales representative as their primary source of research.

Manufacturing Procurement 83

Manufacturing Procurement Vendor Strategies Inbound Resource Reduction 83

Talking Logistics

MAY 14, 2019

Commercialization strategies evolve, supply chains expand, and production rates accelerate. The cost of poor quality is so closely related to supplier quality and compliance that manufacturers must give the proper attention and resources to the optimization of their upstream partnerships.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 130

IoT World Today

MAY 21, 2020

Practitioners must develop a data analytics strategy that gives them insight into supply chain aberrations before catastrophe sets in. “If We can’t operate the way we have,” said Milind Balaji, a senior supply chain manager at an East Coast manufacturer of toilet tissue, diapers, pulp and other products. there is just too much risk.”

Supply Chain Planning Software 145

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

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

GlobalTranz

APRIL 6, 2015

However, complex supplier relationships, unreliable sources of material supply, and ever-increasing customer expectations greatly add to the expectations to select the best suppliers and conduct their operations more efficiently. Monitoring and analysis of this data may provide opportunities to intervene before issues becomes major problems.

Optimal Sourcing 118

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 118

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

Blue Grace Logistics

JUNE 24, 2021

COVID-19 restrictions have challenged manufacturing worldwide. To stay competitive, companies must adapt to new technologies and strategies to survive in the post-COVID world. Within the last year, manufacturers have had to cope with supply chain disruptions and the shutdown of factories due to restrictions caused by COVID-19.

Manufacturing Procurement 62

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 62

Logistics Viewpoints

DECEMBER 15, 2022

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes.

Optimal Sourcing 101

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 101

Logistics Viewpoints

FEBRUARY 15, 2022

Your supply chain should benefit from end-to-end supply chain visibility and execution solutions that work together in a coherent supply chain orchestration strategy. True resiliency is achieved when supply chain leaders can predict issues and dynamically respond – from sourcing and manufacturing to final delivery – with agile solutions.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 139

Material Handling and Logistics

JULY 13, 2018

One of the biggest obstacles to setting and implementing strategies for responsible sourcing is accessing reliable and current data and analysis, according to The Dragonfly Initiative CEO, Assheton Carter.

Sourcing Strategies 87

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Sourcing 87

ShipLilly

FEBRUARY 12, 2021

Meanwhile purchasing patterns are continuing to evolve in response to the unique set of circumstances created by the COVID-19 pandemic. Take for example the increased emphasis on the purchase of household goods via e-Commerce platforms. Industry sources indicate that some large importers extended their contracts with carriers.

Analysis 105

Analysis Manufacturing Procurement Purchasing Skills Price Reduction 105

GlobalTranz

AUGUST 17, 2015

A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. In May, 2014 Raytheon gathered a group of its largest suppliers in Boston, MA to discuss the launch of the company’s Supplier Advisory Council.

Sourcing Strategies 98

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction 98

GlobalTranz

AUGUST 21, 2017

Editor's Note: As a transportation management solutions company, Cerasis aids manufacturing companies in streamlining logistics & transportation in order to gain efficiency and reduce costs. In fact, if manufacturers or industrial companies aren't effective at marketing, they aren't able to gain new customers to ship freight to!

Manufacturing Procurement 61

Manufacturing Procurement Tips Optimization Software Expense Reduction 61

SYSPRO Smarter ERP

NOVEMBER 8, 2021

According to McKinsey , the value of goods traded globally has tripled to more than US$10 trillion since 2000, and because of recent events, they are having to re-evaluate supply chain strategies. Unfortunately, the state of disruption to the current landscape has never been contemplated and very few strategies exist to navigate it.

Supply Chain Planning Software 116

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

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. This requires knowing precisely what details should be collected and trusting the sources of this data.

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

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

SYSPRO Smarter ERP

MARCH 28, 2024

It is a modern business strategy that lets company staff make decisions based on facts instead of biases. You don’t want data that could create analysis paralysis. The ERP system as a primary data source is valuable for analysts so they can find out what a data item means and where to get it.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Planning Software Optimal Sourcing 52

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 58

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 58

GlobalTranz

NOVEMBER 16, 2016

Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. As a result, the simplest way of defining a big data strategy must begin with understanding how it will evolve and affect the company. . How to Get Started with Your Big Data Strategy. .

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. For manufacturers, running out of raw materials can lead to delays in production, while wholesalers and retailers can experience a short-term drop in sales and longer-term issues with customer attrition. 5 Inventory Replenishment Strategies to Increase Profits.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

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 122

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

Logistics Viewpoints

AUGUST 15, 2024

Supply chain policies and configurations are tested and leverage reinforcement learning to yield the best possible strategies. Stress testing empowers manufacturers to anticipate and respond to disruptions, and to harness complexity as a competitive advantage.

Scenario Planning 117

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 117