SYSPRO Smarter ERP

JANUARY 13, 2025

The food and beverage industry is a dynamic, ever-evolving sector in which manufacturers are continuously seeking ways to optimize production and reduce costs in the face of shifting consumer demand and preferences. Optimizing production is essential to addressing these challenges.

Optimization Software 52

Optimization Software Manufacturing Procurement Supply Chain Planning Software Modeling Software 52

Logistics Viewpoints

SEPTEMBER 4, 2024

One promising application that is emerging in the Supply Chain and Sustainability space is Digital Product Passports (DPPs). Blockchain can serve as the backbone for tracking and managing product information throughout its entire lifecycle. Driven by regulations and a thirst for data transparency.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling Software 121

The Lean Thinker

JULY 2, 2024

Nor did they talk about executive bonuses or using excess cash for stock buybacks to raise the price of outstanding stock rather than investing that money into developing new aircraft; improving existing products or processes; or distributing that profit as dividends to the shareholders. I hired into Boeing in July of 1989.

Supply Chain Design Software 397

Supply Chain Design Software Price Reduction Supply Chain Planning Software Optimization Software 397

Logistics Viewpoints

NOVEMBER 26, 2024

Is there an impact on service levels or product line? For example, a warehouse inventory discrepancy may only matter if it affects high-priority orders or strategic customers. Alex Pradhan is the Global Product Strategy Leader and Member of the Executive Leadership team at John Galt Solutions. Who needs to act, and when?

Resource Reduction 114

Resource Reduction Supply Chain Planning Software Inventory Reduction Sourcing Strategies 114

MTS Logistics

NOVEMBER 19, 2024

For example, the need for container shipping from China may decline if U.S. As importers and businesses dealing with the rising cost of goods, prices of items such as electronics, clothing, furniture, and industrial products that consumers face increase. This is also fueling inflationary pressures in the U.S.

Cost Reduction 105

Cost Reduction Freight Price Reduction Sourcing Strategies 105

Logistics Viewpoints

NOVEMBER 18, 2024

Schneider Electric provides energy management and industrial and building automation products and services. Energy management solutions are products that energy utilities use to produce power and data centers use to consume power. They also produce industrial automation solutions that allow factories to monitor and control production.

Supply Chain Design Software 119

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

Logistics Viewpoints

NOVEMBER 20, 2024

Forward-thinking organizations are also embracing circular supply chain models, which prioritize reusing, recycling, and repurposing materials to extend product lifecycles. Comprehensive health benefits further enhance workforce morale and productivity, creating a supportive environment for employees.

Supply Chain Design Software 117

Supply Chain Design Software Waste Reduction Supply Chain Software Supply Chain Design 117

The Logistics of Logistics

NOVEMBER 8, 2021

Productivity improvement / technology investment. As ecommerce fulfillment becomes an increasingly important part of the economy, warehousing companies are investing in technology to increase productivity. Example: Ware2Go is providing on demand warehousing, so companies can scale with on?demand Customer experience.

Warehousing 370

Warehousing Supply Chain Design Software Manufacturing Procurement Logistics Network Optimization Software 370

MTS Logistics

OCTOBER 31, 2024

The emerald ash borer, a devastating wood-boring insect found in China and eastern Asia, is an example of a pest that is expensive to eradicate. Finally, because of their liking for wires, they have the potential to harm electrical products. They may also cause products to be destroyed and viruses to infect humans and animals.

Expense Reduction 101

Expense Reduction Resource Reduction Cost Reduction How To 101

Logistics Viewpoints

OCTOBER 24, 2024

5000 developers are working on product enhancements and extensions to the SAP spend management suite. With that level of investment, one would expect an aggressive product buildout. At SAP Spend Connect Live, held October 14-16 in Las Vegas, SAP did make several significant product announcements.

SAP 115

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 115

Logistics Viewpoints

DECEMBER 2, 2024

This starts with the initial discussion about what kind of products are available and how the product will be configured. An iGPU (integrated graphic processing unit) is a current example. The sales team can go have those conversations, with real-time lead times and even the factory the product will ship from, with customers.

Supply Chain Planning Software 108

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 108

WorkWave

JANUARY 21, 2025

Made in America Tax Implications A proposed 15% tax rate for American-made products, coupled with tariffs on imported goods, could increase production costs. 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.

Cost Reduction 110

Cost Reduction Price Reduction Expense Reduction Material Savings 110

3PL Links

NOVEMBER 26, 2024

And how does technology change the way products are shipped? These can be critical problems for companies looking to increase productivity and reduce expenses in logistics operations. This way, you always know exactly what is available, avoiding problems such as selling products that are out of stock.

Supply Chain Software 62

Supply Chain Software Logistics Network Optimization Software Optimization Software Supply Chain Planning Software 62

Logistics Bureau

DECEMBER 6, 2024

Products come back in dribs and drabs, not in nearly packaged batches. Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ Reverse logistics, while not being the opposite of forward logistics, is still about products moving backwards in the supply chain. Tempting, but wrong.

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

SYSPRO Smarter ERP

SEPTEMBER 17, 2024

Discrete manufacturing ERP software provides an integrated solution with the tools to help discrete manufacturers plan, execute and control production. Discrete manufacturing is a mode of production of distinct individual products. These products are often made from components or larger assemblies.

Manufacturing Procurement 94

Manufacturing Procurement Optimization Software ERP Supply Chain Planning Software 94

The Logistics of Logistics

FEBRUARY 11, 2022

So, as an example, the IMS tracks and reports that there are 30 widgets in Warehouse A, 25 in Warehouse B, 48 in Manufacturing Plant A, and so on. An example would be scanning a pallet ID and location barcode to confirm that the pallet with the ID of 123 has been putaway location 456, for example.

Inventory 273

Inventory Optimal Sourcing Optimization Software Manufacturing Procurement 273

Logistics Viewpoints

NOVEMBER 25, 2024

For example, he wanted a better way to manage tail spend. Tail spend refers to low-volume transactions around a particular product. For example, the University may need to buy five snowplow attachments for the front of its Ford F-150 trucks. We were able to have a very direct impact on the development of that product.

Purchasing Skills 118

Purchasing Skills Sourcing Strategies Sourcing Procurement Solutions 118

3PL Links

DECEMBER 24, 2024

More than just storage space, logistics warehouses allow for comprehensive inventory management, offering services or activities that add value, that is, they allow for more precise control over products, ensuring that customers receive their orders within the stipulated deadlines, which translates into greater profitability and reliability.

Inventory Reduction 62

Inventory Reduction Material Savings Optimization Software Cost Reduction 62

Logistics Viewpoints

OCTOBER 18, 2024

It may seem like a small detail, but wine has multiple component costs that affect the total price—such as production, land, labor, and oak barrels. For example, in the UK, duty on a bottle of wine is currently £2.23, and on top of that, there’s a 20% VAT. All of these factors can fluctuate from one year to the next.

Supply Chain Planning Software 114

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 114

Bulk Connection

OCTOBER 22, 2024

For example, losing two pallets of dry goods in transit is an inconvenience, but an accident involving bulk chemicals could cause environmental damage, production delays, and regulatory headaches. Bulk liquid transport—especially when it involves hazardous chemicals—carries higher risks than most other types of transportation.

Transportation 75

Transportation Examples Production 75

Logistics Viewpoints

OCTOBER 17, 2024

Suppliers are now crucial strategic partners that support product innovation, efficient supply chains, and overall competitiveness. When companies collaborate closely with suppliers, they can co-develop new products and improve existing processes, leading to competitive advantages in terms of product differentiation.

Supply Chain Planning Software 115

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 115

The Lean Thinker

APRIL 20, 2020

In other words, takt time is the required rate of production. ” After all, I could just as easily say I need the capacity to product 96 units per day. This is true in Steve’s example of an Emergency Department. are an example of this. OK, that answered the question “What is takt time?”

Capacity 360

Capacity Tools Examples Presentation 360

MTS Logistics

APRIL 10, 2024

Dumping occurs when a foreign manufacturer/producer is selling a product in the U.S. government) or is selling at a price that is lower than the manufacturer’s production costs. And, just selling products at lower prices in the U.S. The dumping margin is the difference between the price in the foreign market and U.S.

Production 105

Production Definition Government After-sales 105

Logistics Viewpoints

JANUARY 30, 2025

For instance, fixed slotting strategies assign products to specific locations based on historical data rather than dynamic needs, and hardcoded rules assign specific tasks to workers based on static roles or zones, rather than dynamically allocating tasks based on workload or real-time conditions.

Optimization Software 85

Optimization Software Resource Reduction Automation Logistics Network Optimization Software 85

3PL Links

NOVEMBER 12, 2024

JIT inventory management minimizes holding costs by scheduling orders as close as possible to production or sales needs. Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically. Example: Amazon’s fulfillment centers are famous for using robotics to streamline order processing and packing.

Cost Reduction 62

Cost Reduction Material Savings Supply Chain Software Supply Chain Planning Software 62

Logistics Viewpoints

JANUARY 9, 2025

This scalability is particularly valuable for meeting sudden demand spikes, such as during the holiday season or following a successful product launch. Accelerate Product Launches Rapid fulfillment is critical for businesses introducing new products. Moreover, flexibility enables geographic expansion.

Resource Reduction 121

Resource Reduction Logistics Network Optimization Software Modeling Software Inventory Reduction 121

Logistics Viewpoints

MARCH 10, 2025

Product Line Growth From an industry perspective, automotive was the fastest-growing vertical; it was up 56% year-over-year. The acquisition of One Network in May has been particularly impactful for the TMS product line. Returns, Mr. Tollefson pointed out, is an example of an application that must have the network at its core.

Supply Chain Planning Software 112

Supply Chain Planning Software Supply Chain Design Software Modeling Software Logistics Network Optimization Software 112

3PL Links

NOVEMBER 5, 2024

For example, a mid-sized e-commerce company that partnered with a 3PL was able to reduce its shipping costs by 25% thanks to the provider’s bulk shipping agreements. This strategic redirection can lead to improved overall productivity and a stronger competitive edge.

Outsourcing 62

Outsourcing Cost Reduction Expense Reduction Inventory Reduction 62

The Logistics of Logistics

MAY 12, 2021

Costco example: they sell different brands and market their brand Kirkland, which now accounts for approximately 25% of their revenue. Customers now expect that they will be able to easily buy and return products at physical stores or online (or both). In the past, there were clear lines between traditional retailers and manufacturers.

Supply Chain Software 370

Supply Chain Software Logistics Network Optimization Software Procurement Solutions eCommerce 370

The Lean Thinker

DECEMBER 9, 2022

When “trams” (coal carts) were in short supply, for example, the “trammers” would horde carts to optimize their team’s performance at the expense of other teams being limited by the number of carts available. Productivity plummeted. This all changed shortly after WWII. The Long Wall Method.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction Resource Reduction 259

SYSPRO Smarter ERP

NOVEMBER 18, 2024

For example, an ERP for automotive distributors needs to include not just a standard sales function but also allow for automotive-specific processes like call-offs and contract pricing, as well as other processes like returns and lot traceability. This leads to increased productivity and a greater competitive edge.

ERP 98

ERP Optimal Sourcing Purchasing Skills Manufacturing Procurement 98

Logistics Viewpoints

JANUARY 29, 2025

The WMS solution optimizes productivity and throughput in distribution centers and warehouses. Manhattan has been on a journey to get all their products on their microservices cloud-native Active Platform. For customers with multiple supply chain products from Manhattan, much better orchestration of supply chain processes can occur.

Supply Chain Planning Software 86

Supply Chain Planning Software Optimization Software Modeling Software Supply Chain Software 86

Logistics Bureau

JANUARY 21, 2025

Let’s look at my 7 truths of customer service that every business should consider; Most companies don’t truly know their customers’ service needs, though they think they do This often stems from insufficient customer interaction, lack of surveys, and limited performance measurement Even after working with thousands of businesses over (..)

Supply Chains 86

Supply Chains Logistics Network Optimization Software After-sales Ordering 86

Logistics Viewpoints

FEBRUARY 6, 2025

In the realm of industrial robots, a cornerstone of LG’s Smart Factory business, the company’s Production engineering Research Institute is spearheading substantial revenue growth through the integration of AI and digital transformation.

Logistics Network Optimization Software 88

Logistics Network Optimization Software Material Savings Factories Collaboration 88

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

3PL Links

JANUARY 1, 2025

These spaces were specifically designed to preserve the quality and integrity of products throughout the supply chain. The food and beverage, pharmaceutical, chemical, and even flower and plant logistics sectors are among the business segments that most use the cold chain to ensure the quality and safety of their products.

Optimal Sourcing 62

Optimal Sourcing Optimization Software Supply Chain Design Software Modeling Software 62