SYSPRO Smarter ERP

AUGUST 9, 2022

Investing in an ERP system and other business systems is an expensive exercise and by not investing resources into training and education, manufacturers will not get the full return on investment. For example, a controller is the person responsible for managing cash flow, overseeing budgets, and preparing financial statements.

Course 105

Course Buyer Training Waste Reduction Expense Reduction 105

Logistics Viewpoints

MAY 22, 2023

Moreover, this exercise might need to be repeated several times depending on how the war proceeds. To solve this problem, we’ll need to do three things: understand the data, aggregate the data, and define the constraints. First comes the data and how well we understand it. Their time frame was short and resources limited.

Supply Chain Design Software 112

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 112

Logistics Viewpoints

OCTOBER 21, 2021

Pop up warehouses, micro fulfillment centers, and warehousing-on-demand are all examples of how the nodes are becoming increasingly dynamic. Design can help test such ideas before implementing changes to the master data. This is leading these organizations to move from Design being an episodic activity to a continuous process.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 105

Logistics Viewpoints

MAY 26, 2022

This is not a continuous improvement exercise, but a matter of survival as greater unpredictability prevails in our markets, continually taxing resources, and challenging forecast accuracy on both the demand and supply sides.

Supply Chain Software 136

Supply Chain Software Optimal Sourcing Supply Chain Design Software Logistics Network Optimization Software 136

Logistics Bureau

APRIL 19, 2021

If you’ve never done a benchmarking exercise before, read on. If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry. Informal Benchmarking.

Supply Chains 76

Supply Chains Exercises Picking Video 76

Logistics Viewpoints

AUGUST 15, 2024

The digital twin, for example, can be subjected to numerous stress tests that mimic real-world conditions and observe how different variables interact and impact the entire network. For example, the analysis from stress testing can reveal a particular supplier or production resource is a frequent point of failure under high-demand scenarios.

Scenario Planning 124

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 124

FreightWaves SONAR

JUNE 5, 2023

Lack of data, lack of conviction and lack of organizational agility all conspire to keep companies from recognizing medium-term opportunities and challenges and responding decisively. It’s hard to find good data that provides a view into the next few months of consumer behavior and economic activity.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

Shipping and Freight Resource

JUNE 29, 2020

For example, cargo shipped via air may experience extended periods of vibration you could use vibrating monitors to discover exactly how much vibration, and use that information to choose a different shipping method that wouldn’t subject the cargo to the same level of stress.

Material Savings 115

Material Savings Cost Reduction Expense Reduction Resource Reduction 115

SYSPRO Smarter ERP

JANUARY 19, 2022

For example, one of the main problems with Asian-US trade is that all container ship deliveries are now routed to the West Coast, even though the bulk of America’s manufacturers are based on the East Coast. Use data to improve operations. To assist with the short-term solution, the answer is an extensive data-gathering exercise.

Manufacturing Procurement 105

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

Logistics Viewpoints

AUGUST 9, 2022

By integrating order data, load information across modes, yard shipments and the like, internal departments can turn to a single source of the truth and more accurately manage various aspects of the lifecycle.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 105

AIMMS

FEBRUARY 1, 2021

Given that we are a data-driven (math-loving) company, we wanted to test this range by running some scenarios to see what kind of results companies can expect across a variety of verticals. While businesses differ in complexity and size, for this exercise we extrapolated based on these $7.5Bn baselines. ” – Tweet this.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimization Software 116

Logistics Viewpoints

AUGUST 7, 2024

It’s also a great example of how the boundaries between what we traditional think of as “IT” and “OT” cybersecurity are blurring. Other basic foundational tasks for setting up a good cybersecurity program include doing a good asset inventory.

Supply Chain Software 124

Supply Chain Software Manufacturing Procurement Logistics Network Optimization Software Automation 124

Logistics Bureau

DECEMBER 24, 2024

For example, companies that have their own in-house vehicle fleet often struggle to deliver products on time. Very detailed specifications must be prepared by enterprises, with full disclosure of all available data before a quotation from service providers is attained. It must be a joint exercise. This is a mistake.

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

SYSPRO Smarter ERP

AUGUST 22, 2022

For example, a custom manufacturer may need a metal fabrication supplier to take on a design-to-order project. An ERP system built for metal fabricators should provide the ability to integrate data from a CAD system with the rest of the production process like scheduling and Bill of Materials (BOM).

Supply Chain Design Software 105

Supply Chain Design Software Manufacturing Procurement Optimization Software Supply Chain Software 105

Talking Logistics

JUNE 29, 2017

The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise. As an example, a heavy equipment manufacturer used SupplyChainPlanning.com to create a collaborative planning app with its dealers.

Supply Chain Design Software 44

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 44

Logistics in War

APRIL 9, 2020

Those who were intimately involved in the redeployment of Australian combat elements from Afghanistan in 2013 will have no troubles in citing examples of huge stockpiles of stuff that were created through over ordering, poor stock management, risk adverse planning and a failure to recognise changing security conditions.

Supply Chain Planning Software 85

Supply Chain Planning Software Military Exercises Logistics Network Optimization Software 85

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. If profits start to decline afterwards, your CTS data can offer valuable information about what changed and how to get back on track.

Purchasing Skills 93

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

Logistics Bureau

DECEMBER 19, 2022

Slotting a warehouse product is the same, for example, as placing your umbrella close to your front door at home, so it’s easy to pick it up and run when it’s raining, and you’re late for work. It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities.

Production 98

Production Inventory Reduction Cost Reduction Resource Reduction 98

Logistics Bureau

JANUARY 25, 2021

The person who gave the presentation I attended offered the example of a speech by late US President John F. As I explain in a YouTube video on this subject, I recently saw a good example of how a BHAG can galvanise a workforce and make a dramatic impact on productivity. For example, their increase in productivity was 217 percent.

Production 98

Production Operations Logistics Network Optimization Software Training 98

Now, That's Logistics

SEPTEMBER 14, 2021

By putting data into the hands of the companies, business partners, and customers that want it, supply chain visibility helps all stakeholders track products from the point of manufacture to the final destination—and all points in between. Break down your data silos. Add a transportation visibility platform to your tech stack.

Supply Chain Software 78

Supply Chain Software Supply Chains Logistics Network Optimization Software Inventory Reduction 78

Logistics Bureau

APRIL 4, 2022

At Logistics Bureau, we capture, analyse, and exploit freight benchmarking data to help us when we provide freight contract negotiation services for our clients. It will also make it easier to determine, for example, if you should opt for contract rates over spot rates or vice versa. Freight Benchmarking: How to Do it Right.

Negotiating Skills 96

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Supply Chain Planning Software 96

Logistics Viewpoints

SEPTEMBER 4, 2023

Any shipment moving from Siloam Springs to Bentonville, Arkansas, for example, would be one lane. An RFP is a data intensive exercise. This made the data analysis easier. On the inbound side, it was highly reliant on spreadsheet data. On the inbound side, it was highly reliant on spreadsheet data.

Procurement Solutions 115

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 115

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. And what is sitting in the warehouse. And at the cross-dock. And in the rail car. Real-time visibility into “static goods” — wherever they may be — is the foundation for managing through volatility.

Supply Chain Planning Software 98

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

Logistics Bureau

JULY 18, 2022

For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. Once you have gathered the data relating to your customers’ needs, you should be able to see if a single logistics strategy will work for your entire customer base, or whether you need to take a segmented approach.

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Scenario Planning 116

Talking Logistics

APRIL 6, 2017

While these approaches can certainly deliver a significant return on investment (ROI), other strategies that can positively impact their transportation network are often overlooked – for example, thinking more strategically about capacity. In contrast, a 3PL partner will constantly look for matches within their own dense freight network.

Capacity 74

Capacity Price Reduction Sourcing Strategies Cost Reduction 74

Sabinext

FEBRUARY 11, 2019

London, for example, accounts for 32 % of the UK’s national GDP produced by only 23 % of the population. They need skilled and ongoing maintenance, and as the data above shows, the stakes are too high for them to fail to support their millions of inhabitants and thousands of businesses, as well as their country’s economic health.

Optimal Sourcing 67

Optimal Sourcing How To Logistics Network Optimization Software Logistics 67

Logistics Business Magazine

NOVEMBER 24, 2022

One example is multi-shoring. For example, 57% of carriers are now leveraging freight exchange platforms to find additional capacity when their own network reaches exhaustion. For many years, true cross-business collaboration has been a much preached but rarely practiced exercise within transportation.

Trends 68

Trends Sourcing Strategies Transportation Cost Reduction 68

Logistics Bureau

NOVEMBER 8, 2021

If yours is not one of those businesses, and you’re confident in your KPI suite and the relevance of the data it provides, congratulations! So, for example, if your business competes strongly on price, you might go heavy on the cost-reduction side of supply chain management, setting objectives centered on savings.

Supply Chain Software 96

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 96

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. Pundits typically emphasize data and digital technology when proselytising for the S&OP concept. But what makes it so challenging to implement S&OP successfully? The Demand Planner.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 98

Logistics Bureau

MARCH 3, 2019

For example, if speedy delivery is a part of your service strategy (which is often the case in today’s on-demand environment), you will either need to locate your warehouses close to customers, or close to the facilities of your preferred carriers. For example, we need to know if we can get to the required level of packaging unit.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Scenario Planning 103

Logistics Viewpoints

MAY 25, 2023

I’ve seen our own R&D team test some very cool applications and have been following the news closely in search of other examples relevant to supply chain. Beyond these targeted examples, I see even more promise in broader applications: code generation, knowledge management, and user interfaces. The first is bias and misinformation.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Negotiating Skills 116

Logistics Bureau

NOVEMBER 20, 2023

So that’s the route we’re taking in this article, exploring the evolution of fleet route optimisation from a time-consuming pen-and-paper exercise to a high-tech process that, in some cases, can be completed in minutes. Let’s take a brief look at some of them.

Presentation 95

Presentation Optimization Software Logistics Network Optimization Software Optimal Sourcing 95

Logistics Bureau

JANUARY 25, 2017

One person’s supply chain career might be focused on the specific area of freight forwarding, for example, whereas another person’s might encompass end-to-end operational management from raw materials management to customer invoicing. Data and processes are fundamental to supply chain work. No person is an island.

Negotiating Skills 75

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 75

FreightWaves SONAR

MAY 14, 2024

From a shipper’s perspective, transportation is a cost center, and the exercise of sourcing trucking capacity is not much different than that of procuring raw materials for production. In the above snippet, the example lane is very unbalanced in terms of capacity flow.

Price Reduction 52

Price Reduction Material Savings Cost Reduction Sourcing Strategies 52

Trinity Logistics

AUGUST 13, 2021

One example is the shortage of citric acid, as it’s often used in vitamin or electrolyte drinks, even in soda. Plastics make every kind of product imaginable — from food packaging, appliances, smartphones, and car parts to exercise equipment and roller skates.

Industry 109

Industry Supply Chain Planning Software Material Savings Supply Chain Software 109

Automotive Logistics

APRIL 1, 2019

Automation, technology and network communications are now central to the daily operations of carmakers and their suppliers, with a vast amount of information and data now stored digitally. At the same time, the vehicle itself is becoming a digital hub connected to the carmaker and an extension of the online social life of its occupants.

Supply Chain Design Software 56

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Security 56