SYSPRO Smarter ERP

MAY 14, 2024

The increasing transition from traditional sales channels to digital commerce isn’t breaking news for manufacturers. Over the past three to five years in particular, more manufacturers have identified or accelerated their eCommerce plans. It’s a strategic move you’ve likely pondered over countless meetings and budget reviews.

Manufacturing Procurement 110

Manufacturing Procurement eCommerce Supply Chain Planning Software Optimization Software 110

Logistics Viewpoints

AUGUST 13, 2024

The three steps in realizing the vision are 1) flexible, reconfigurable plant; 2) global manufacturing networks of flexible, configurable plants; 3) the integration of the previous step with digital, certified, encrypted product definitions. The document gives business strategies based upon technical solutions.

Networks 124

Networks Manufacturing Procurement Industry Supply Chain Planning Software 124

SYSPRO Smarter ERP

MARCH 9, 2022

In 1990, technological research and advisory firm, Gartner, created the definition for enterprise resource planning (ERP) as: “an integrated suite of business applications. Many also extend to inventory management, order management, procurement, and production. Procurement can be a complex process in a manufacturing environment.

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software ERP Manufacturing Procurement 119

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

Manufacturing Procurement 126

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 126

GlobalTranz

NOVEMBER 9, 2016

The definition of the IoT sums it up; it is “a network of dedicated physical objects that contain embedded technology to sense or interact with their internal state or external environment.”. Furthermore, the IoT is directly linked to better risk management programs in manufacturing too, explains Industry Week. Where Do We Stand Today?

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Software Supply Chains Logistics Network Optimization Software 98

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

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

Material Handling and Logistics

FEBRUARY 19, 2018

The impact this position carries in manufacturing is undervalued and recognized.” purchasing/procurement manager with a manufacturer of building equipment with 21-25 years of experience, living in the South Atlantic region and earning $36,00. The amount of change we will see in the next five years will blow your mind.

Survey 118

Survey Manufacturing Procurement Materials Handling Optimal Sourcing 118

GlobalTranz

APRIL 22, 2015

Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of Supply Chain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supply chain and logistics management. What is a Logistics Framework?

Global logistics 116

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 116

Now, That's Logistics

AUGUST 22, 2018

This puts added pressure on companies that need to select the best possible supply chain strategies and logistics providers for their high-end goods. Four Strategies That Work. This creates demanding lead time requirements and viable logistics strategies must be developed in order to meet those market needs.

Strategy 60

Strategy Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 60

Ship Monk

JULY 7, 2022

It may sound tempting to force your customers into purchasing in larger quantities, but is it the best way to grow your business? This article will define minimum order quantity, show you some examples, and help you decide if it’s the right strategy for the type of items you sell online. Minimum Order Quantity Definition.

Purchasing Skills 98

Purchasing Skills eCommerce Ordering Negotiating Skills 98

Talking Logistics

AUGUST 3, 2017

Now consumers can compare products from multiple manufacturers and/or retailers in order to find best product at the best price – all from the comfort of their own home – and then have it delivered within days or even hours. The question is: how will this impact retailers and manufacturers? Transforming the Retail Supply Chain.

Supply Chain Planning Software 87

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 87

Morai Logistics

JUNE 5, 2019

A recent halt in market growth for retail leader Adidas, reminds organizations about the importance to assess their supply chain excellence strategies. This hurdle is reportedly due to the organizations complete reliance on outsourced manufacturing. billion people purchased goods online’ in 2018 ’; this valued at 2.8 trillion U.S

Eliminating Excel in Purchasing 60

Eliminating Excel in Purchasing Supply Chain Software Supply Chains Strategy 60

Logistics Viewpoints

FEBRUARY 28, 2022

Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI).

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 142

Ship Monk

JANUARY 9, 2024

Multichannel to Omnichannel You’ve heard us talk about a multichannel sales strategy before, and we’re happy to say that most of our ecommerce clients are already doing this. If your ecommerce brand hasn’t explored other sales channels, you are definitely missing out. Here are a few of the trends we think are going to be big in 2024.

eCommerce 105

eCommerce Trends Optimization Software Supply Chain Software 105

Logistics Bureau

JANUARY 1, 2025

Least attention is paid to this category for the purpose of stock control and planning and procurement decisions for such items may be automated. Accumulation Bin: In manufacturing and assembly, an accumulation bin , sometimes called an assembly bin , is a location or receptacle into which components for assembly are gathered together.

Supply Chain Planning Software 76

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

Logistics Bureau

JANUARY 7, 2020

The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . Supply Chain Strategy. A properly designed supply chain strategy is an enabler for achieving commercial goals and consequently, corporate success.

Supply Chain Design Software 111

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

Logistics Bureau

JANUARY 23, 2017

The situation is changing however, as more and more MHE manufacturers bring warehouse robotics to market. For example, when you book accommodation on AirBnB, do you think of yourself as: a) Making a purchase from a travel-oriented service provider? In itself the blurry line creates little issue, apart from some semantic frustrations.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 94

GlobalTranz

FEBRUARY 25, 2021

Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. For instance, goods move from the customer to the distributor or to the manufacturer. When a manufacturer’s product normally moves through the supply chain network, it is to reach the distributor or customer.

Reverse logistics 84

Reverse logistics Inventory Reduction Manufacturing Procurement Cost Reduction 84

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The definition of this metric is similar to the way it sounds. It measures the cost incurred by an organization to manufacture a quality product.

Procurement Analytics 99

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 99

3PL Links

DECEMBER 2, 2022

Everything You Need to Know About Inbound Logistics | Source: Picpedia. We will address the following topics in this article: Inbound logistics definition and significance. Strategies for efficient inbound logistics that you can use in your business. Inbound Logistics Strategies. Examples of Inbound Logistics Strategies.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

The Logistics Academy

NOVEMBER 3, 2016

Chief Strategy Officer, WiseTech Global. Logistics relates to one component of supply chain, addressing efficient product movement, such as from manufacturer to retail store. Supply chain involves multiple facets such as operations and procurement that keep a company running smoothly. Benn Bekic. Peter Reed. Pamela Ton.

Manufacturing Procurement 40

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chains 40

GlobalTranz

SEPTEMBER 28, 2016

You can read the detailed technical definition here. Dr. Muddassir Ahmed is a Manufacturing Operations, Procurement and Supply Chain leader from international multi-site manufacturing experience in Electrical, Hydraulics and Internet industries. About Author.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 89

Logistics Bureau

DECEMBER 22, 2024

For this reason, KPIs are essential for any business improvement strategy. Calculate cash-to-cash cycle time by adding the number of days that inventory is on hand to the number of days (on average) that customers take to pay for their orders and deducting the number of days it typically takes for your organization to pay for its purchases.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Infosys Supply Chain Management

MAY 21, 2012

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. IT strategies need to ensure that the processes are completely adhered to. Automotive. Communication Services. Consumer Packaged Goods. Financial Services.

Sourcing Strategies 38

Sourcing Strategies Resource Reduction Supply Chain Planning Software Supply Chain Software 38

Logistics Bureau

OCTOBER 2, 2016

The definition above is not from any textbook, but is simply one that I’m sure you’ll agree, describes a state of affairs that any corporate leader or business owner would be happy to arrive at. Supply Chain Strategy. So if you want to be sure of business success, review your supply chain strategy.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

Logistics Business Magazine

APRIL 23, 2021

The global pandemic has placed a spotlight on the fragility of modern supply chains and manufacturing processes. Suddenly, overnight the how and where of manufacturing and distribution changed. COVID-19 Exposes Challenges in Manufacturing, Warehousing, and Distribution. Every link in the supply chain needed a makeover.

Supply Chain Software 58

Supply Chain Software Manufacturing Procurement Automation Supply Chain Design Software 58

Logistics in War

MAY 23, 2020

In today’s mining industry many companies have embraced automation involving individual, semi-autonomous vehicles developed as proprietary products by a handful of Original Equipment Manufacturers (OEM) and which are not interoperable. Problem definition. He is the author of the book Grand Strategy. Problem solving.

Logistics Network Optimization Software 108

Logistics Network Optimization Software Digital Supply Chain Design Software Supply Chain Software 108

Logistics Viewpoints

APRIL 15, 2021

In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. Plan and Execute for Success. In fact, it may lead to increased variable costs.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 116

CH Robinson Logistics

MAY 18, 2021

For instance, unsold goods being sent from a retailer back to a distribution center or the manufacturer would constitute reverse logistics. Customer returns also fit this definition and make up a large percentage of reverse logistics concerns that retailers and logistics organizations handle. Private auction platforms.

Reverse logistics 64

Reverse logistics Supply Chain Planning Software Material Savings Inventory Reduction 64

Ship Monk

MARCH 30, 2024

This advanced transportation management and rate shopping strategy removes guesswork while infusing flexibility. Section 321 Fulfillment Importing inventory from overseas manufacturers can be expensive and stressful. To remedy this annoying situation, ShipMonk created our Virtual Carrier Network. Have more questions?

3PL 105

3PL Supply Chain Design Software Optimization Software Supply Chain Software 105

Ship Monk

NOVEMBER 4, 2020

Manufacturing was halted, shipping carriers were overburdened, and business owners faced uncertainty of what was to come. . Breaking not-so-great news to your customers is definitely one of the less glamorous aspects of entrepreneurship, but it’s also one you can’t opt out on. . Maintain Transparency. But how, you ask?

Tips 98

Tips Inventory Reduction eCommerce Manufacturing Procurement 98

GlobalTranz

APRIL 4, 2016

Offshoring is basically when a company moves manufacturing to a foreign country in an attempt to save money. For a time, this model of manufacturing seemed to be the paragon of effective business. Yet, understanding these concepts requires a bit more than this simple definition. Take a moment to think about offshoring.

Manufacturing Procurement 53

Manufacturing Procurement Cost Reduction Price Reduction Inventory Reduction 53

Talking Logistics

FEBRUARY 7, 2019

The answer is not only yes, but definitely so. However, this strategy involves more than parts of your supply chain watching for simple leaps forward in tech evolution. Prepare for Major Changes in Manufacturing and Warehousing. Can you possibly prepare for a supply chain future that may be completely inconceivable right now?

Supply Chain Software 92

Supply Chain Software Supply Chain Planning Software Supply Chains Scenario Planning 92

GlobalTranz

JUNE 2, 2016

Like any outsourced partnership to a service and technology provider, such as in a 3PL relationship, it is vital that all sides are on the same page and speaking the same language in the way of goals, desired outcomes, strategy, and execution for whatever the customer and the outsourced provider are trying to achieve. What’s In It For Me?).

3PL 52

3PL Manufacturing Procurement Optimal Sourcing Cost Reduction 52

Transporeon

APRIL 4, 2018

These days, consumers are thinking carefully about environmental and sustainability issues when making their purchasing decisions. In general, companies can exert influence through shorter procurement channels and local sources of supply. There is no clear scientific definition of how to measure the sustainability of transport.

Optimal Sourcing 54

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 54

Logistics at MPEPS at UPV

MARCH 13, 2023

DECISION PHASES IN SUPPLY CHAIN Supply chain strategy or design Corresponding to the strategic part of the decisions, since the long-term structure and ways of working are established, defining processes and policies for several years. The cycle view in a supply chain depends on the interaction of all actors in the process. Chopra (2019).

Supply Chain Design 52

Supply Chain Design Supply Chains Scenario Planning Manufacturing Procurement 52