SYSPRO Smarter ERP

NOVEMBER 1, 2022

How can a manufacturing business today become an intelligent and automated ecosystem – a smart factory that drives productivity, performance, and profitability? The more technology shifts manufacturing structures, systems and strategies, the more business-critical ERP becomes, and proper techniques are needed to make processes more efficient.

ERP 98

ERP Supply Chain Planning Software Factories Supply Chain Software 98

Ship Monk

APRIL 23, 2024

Measuring your output will enable you to develop strategies toward reducing your output, and show your customers the progress you’re making. Sustainability Strategies for Ecommerce Businesses You’re not going to become a sustainable company overnight, so it’s best to attack the problem a little at a time.

Waste Reduction 104

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 104

SYSPRO Smarter ERP

JUNE 27, 2022

It goes without saying, that in order for the skills deficit to be reduced significantly, skills development needs to be central to a business digital strategy. Manager and even the Smart Factory Manager. Building the right skills to meet the factory of the future appeared first on SYSPRO Blog. The post Industry 4.0:

Buyer Training 105

Buyer Training Factories Supply Chain Design Software Meeting 105

Logistics Viewpoints

AUGUST 24, 2022

I was also able to interview Brent after his session to get a little more insight on how Qualcomm dealt with the Covid-19 pandemic, what it means for the semiconductor chip shortage, and where the company is going with its digital transformation strategy. As Covid spread, so too did factory closures.

Sourcing Strategies 137

Sourcing Strategies Material Savings Resource Reduction Manufacturing Procurement 137

The Logistics of Logistics

DECEMBER 6, 2021

Lauren is a seasoned maritime attorney and the founder of Squall Strategies , a boutique maritime consulting and legal solutions company and offers a wide range of consulting services to serve a variety of businesses and clients. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC. About Squall Strategies.

Inventory Reduction 195

Inventory Reduction Material Savings Maritime Supply Chain Software 195

Supply Chain Brain

NOVEMBER 20, 2023

Re-shoring or near-shoring factories, “just-in-case” inventories, and qualifying alternative suppliers are among the most common ways that companies are building resilience. However, these strategies come with tremendous complexity and a heavy price tag.

Inventory Reduction 116

Inventory Reduction Price Reduction Factories How To 116

Logistics Bureau

NOVEMBER 28, 2024

By implementing cost-effective supply chain strategies, companies can achieve significant benefits, including: Improved Profitability : Reducing supply chain costs directly impacts the bottom line, allowing businesses to increase their profit margins and improve overall financial performance.

Cost Reduction 79

Cost Reduction Inventory Reduction Material Savings Expense Reduction 79

The Logistics of Logistics

JUNE 23, 2023

His latest books include The New (Ab)Normal: Reshaping Business and Supply Chain Strategy Beyond Covid-19 (2020) and A Shot in the Arm: How Science, Engineering, and Supply Chains Converged to Vaccinate the World (2021). Following the journey of the t-shirt from factory to retailer. and The Future of Work, was released in April 2023.

Supply Chain Software 359

Supply Chain Software Supply Chains Optimization Software Logistics Network Optimization Software 359

Logistics Viewpoints

MARCH 8, 2021

In Belcorp’s case they have four factories located in Colombia, Mexico, Peru, and Ecuador. Production flexibility is limited; none of these factories can make all the company’s 1,500 products. For consumers in metro areas located close to their factories, there is a one-day lead time. What factory should make a new product?

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 170

Supply Chain Brain

SEPTEMBER 16, 2024

George said he plans to draw on his experience with factory floor productivity and quality control strategies to improve Norfolk Southern’s operations.

Factories 98

Factories Strategy Production Operations 98

Logistics Viewpoints

JULY 10, 2024

The factory models can include how long it takes to set up a machine, how many units per hour can be made by the machine, how long routine maintenance takes, how many workers are needed, and the hours the plant works, among others. However, not just service levels and costs can be traded off. This would be a three-way tradeoff.

Supply Chain Planning Software 156

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Software 156

Logistics Viewpoints

OCTOBER 3, 2022

But the difficulty in finding workers has becoming a huge challenge at many factories and warehouses. The already fast-growing market for warehouse robots and flexible factory automation has become supercharged as a result. Military strategy changed forever after Hiroshima; supply chain strategy has been similarly transformed by COVID.

Supply Chain Software 186

Supply Chain Software Supply Chains Sourcing Strategies Optimal Sourcing 186

Logistics Viewpoints

OCTOBER 30, 2023

A company with one factory and one DC, reorganizing the location and duties of the facilities, will have little opportunity to drive much in the way of payback from a network design solution. Many scenarios were necessary because the way goods flowed from factories to DCs and from DCs out to customers were quite complex.

Supply Chain Design 155

Supply Chain Design Cost Reduction Vendor Strategies Inventory Reduction 155

Logistics Viewpoints

DECEMBER 4, 2024

Reshoring, the practice of bringing manufacturing operations back to the United States, has gained renewed momentum in recent years, largely driven by a combination of political priorities, economic strategies, and global supply chain disruptions. The Case for Reshoring: Benefits for Supply Chains 1.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chains Cost Reduction 150

Logistics Viewpoints

MARCH 25, 2021

Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed. Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. The average cost of a data breach reached $3.86

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 193

Kanban Logistics

MAY 25, 2022

Manufacturing professionals: Are you buying parts and other raw material inventory for your factory just to have it sit for weeks or months prior to consumption? What is a VMI strategy? With a VMI strategy , a third-party logistics provider (3PL) will store goods that your manufacturing operation will eventually require.

Material Savings 52

Material Savings Inventory Reduction Vendor Strategies Cost Reduction 52

GlobalTranz

MAY 8, 2018

Most of the manufacturing industries have already incorporated lean manufacturing strategies to undermine the non-additive materials from their products. The 3 Most Important Tools for Lean Manufacturing Strategies 1.) Lean manufacturing is one of the leading waste minimization technologies inside a manufacturing industry.

Waste Reduction 67

Waste Reduction Inventory Reduction Cost Reduction Material Savings 67

SYSPRO Smarter ERP

OCTOBER 6, 2021

in which factories are digitally transformed, manual processes are replaced with automated systems, and factories and supply chains are smarter. The digital factory. Digital factory. In a digital factory, artificial intelligence (AI), business process management and analyzing data are integrated.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Modeling Software 111

GlobalTranz

OCTOBER 13, 2016

In other words, the manufacturing skills gap is brewing a cauldron of dangers and profit losses, and you need to understand a few things about bridging the gap in factory settings. Training Can Be Part of Workforce Development Strategies. The role of training in the factory remains a top factor for bridging the skills gap.

Buyer Training 92

Buyer Training Cost Reduction Resource Reduction Factories 92

Logistics Viewpoints

JANUARY 17, 2024

At CES 2024, Hyundai conducted Media Day, highlighting their strategic theme “Ease Every Way”, a transformation powered by hydrogen and driven by software, which includes the new “HTWO Ecosystem” and “Software-Define Everything (SDx)” strategy. Currently, PEM electrolyzers are approximately 1.5

Modeling Software 157

Modeling Software Waste Reduction Logistics Network Optimization Software Resource Reduction 157

Logistics Viewpoints

APRIL 12, 2022

The combination of intelligent software with AI execution capabilities and visibility using location technology gives warehouse and factory operations a tool to decrease complexity and at the same time decrease costs, increase efficiency and user engagement. Bengt Tuner is the Group Chief Executive Officer at Locanis.

Modeling Software 129

Modeling Software Supply Chain Software Optimization Software Optimization Modeling 129

SYSPRO Smarter ERP

JUNE 14, 2020

The disruption caused by the coronavirus has led global supply chains to re-think globalized market strategies. When Covid-19 hit China, its factories were shut down. Before the pandemic, Chinese producers were often selected as the first choice, and China’s share of the global GDP was sitting at 20%.

Supply Chains 82

Supply Chains Factories Strategy Distribution 82

Logistics Viewpoints

NOVEMBER 4, 2021

The pandemic halted many supply chains last year, closing factories and stores, and limiting manufacturing and distribution operations. Having a cloud WMS gives warehouses the ability to deploy flexible order picking strategies allowing better management of market changes and demand fluctuations.

Inventory Reduction 131

Inventory Reduction Supply Chain Software Modeling Software Supply Chains 131

GlobalTranz

JANUARY 9, 2015

Factory workers demanding better wages and working conditions are hastening the eventual end of an era of cheap costs that helped make southern coastal China the world’s factory floor. However, it seems the end of the Made in China manufacturing era may be in sight. Labor Costs Driving an End to the Made in China Manufacturing.

Cost Reduction 123

Cost Reduction Material Savings Factories Price Reduction 123

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 117

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 117

SYSPRO Smarter ERP

DECEMBER 4, 2023

Capacity takes a back seat to production flexibility as the key performance indicator for factory managers. Many manufacturers are now diversifying from a single product line to different manufacturing lines in one factory, each line with its own manufacturing processes. Flexible manufacturing has several benefits.

Manufacturing Procurement 105

Manufacturing Procurement ERP Material Savings Waste Reduction 105

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Logistics Viewpoints

JUNE 20, 2022

To accomplish this, 10,000 supply chain associates worked with 450 global vendors who operate over 600 factories. Achieving agility with a strategy to sell goods in the same region they are produced in, “has never been more important,” Mr. Bailey exclaimed. The company works with 13 ocean carriers and 7 air carriers.

Supply Chain Planning Software 140

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 140

GlobalTranz

SEPTEMBER 12, 2016

Ultimately, these raw materials must be obtained from suppliers and transported to the factory. Communications Strategy – The communications strategy is how a company decides to make a product available. Will it include multiple factories, regional distribution centers, and lengthy marketing advertisements?

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 101

Logistics at MPEPS at UPV

APRIL 6, 2020

Cross-docking can be adapted to any merchandise: it does not matter if it is raw materials, finished articles or components destined for factories, physical stores or final customers. Following the cross-docking strategy, the goods remain in the warehouse for a very short time after receipt.

Material Savings 52

Material Savings Cost Reduction Strategy Logistics Network Optimization Software 52

Logistics Viewpoints

FEBRUARY 3, 2022

planning offers an alternative to swinging the pendulum and as the strategy that provides the supply chain resilience leaders seek. As you evaluate strategies to mitigate risk and build resilience, beware of headlines blaming JIT inventory practices and recommending a move to JIC.

Inventory Reduction 188

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 188

Logistics Viewpoints

APRIL 25, 2022

Further, under the provisions of the new legislation, companies’ responsibility extends beyond their own factories, warehouses, stores, and corporate offices to encompass their entire supply chain. Unsafe working conditions. Discriminatory Employment. Environmental degradation.

Compliance 154

Compliance Supply Chain Software Supply Chains Procurement Solutions 154

Logistics Viewpoints

OCTOBER 11, 2024

Now Let’s Get to the Supply Chain News: Hurricane Helene Disrupts IV Fluid Supply Chain Across Major East Cost Hospitals Hospitals, nursing homes, and dialysis centers across the country are running low on IV fluids after Helene forced a factory in Marion North Carolina, to shut down operations.

Supply Chain Planning Software 157

Supply Chain Planning Software Supply Chain Software Vendor Strategies Price Reduction 157

SYSPRO Smarter ERP

JULY 2, 2024

The smart factory is an environment, enabled by digital technologies including AI, to monitor and control the physical processes of the factory and provide data for decision-making. AI and People Manufacturers should be aware of how AI will affect the skills strategies they will need to create. Then scale out to other processes.

Supply Chain Planning Software 105

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Design Software 105

SYSPRO Smarter ERP

MAY 18, 2022

have disconnected digital initiatives that are often poorly aligned with the enterprise strategy and not focused on customer experiences. This employee operates in a business that has identified a need to develop a digitally enhanced, customer-driven business strategy, but execution is on a project basis. Employee 2.0: Employee 2.0

Resource Reduction 105

Resource Reduction Cost Reduction Inventory Reduction Sourcing Strategies 105

GlobalTranz

OCTOBER 9, 2015

AM has the potential to move manufacturing from mass production in large factories with dedicated machining and tooling lines to an era of mass customization and distributed smart manufacturing. Real time communication between machines, factories, logistic providers and suppliers provides improved visibility on the end-to-end supply chain.

Manufacturing Procurement 125

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 125

SYSPRO Smarter ERP

OCTOBER 4, 2021

During the pandemic ERP kept industries in operation with its ability to sustain business operations through remote access to data, automated reporting, electronic data exchange, and real-time factory controls. ERP to drive business strategy and insights. Use ERP to improve operations and efficiency.

Manufacturing Procurement 119

Manufacturing Procurement ERP Distribution Supply Chain Software 119