SYSPRO Smarter ERP

NOVEMBER 1, 2021

The manufacturing industry confronted many uncertainties in the last year due to the pandemic. The pandemic has led to many shifts in manufacturing including new challenges to overcome. Here is a list of challenges and solutions for manufacturers to remain resilient and maintain growth momentum. Transitioning to B2B e-Commerce.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

Trinity Logistics

NOVEMBER 13, 2023

Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. The manufacturing industry has seen challenges, from changes in the way people work to the rapid growth in demand, with many of these challenges accelerated by the recent covid-19 pandemic.

Manufacturing Procurement 118

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 118

SYSPRO Smarter ERP

SEPTEMBER 20, 2021

When the COVID-19 pandemic hit, some of the challenges it posed to manufacturing and distribution were new. I grew up in manufacturing. My family owned a manufacturing operation, so I experienced firsthand the challenges that mid-market manufacturers face. Manufacturers need a single source of accurate information.

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

GlobalTranz

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. We relay on guest bloggers and the expertise of others for manufacturing best practices. His 5 golden metrics center on performance management.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

Logistics Bureau

DECEMBER 9, 2020

For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. The Finance Manager , on the other hand, controls the financial input and output of the procurement division. How Large Procurement Teams Operate.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Procurement Purchasing Skills 98

SYSPRO Smarter ERP

APRIL 11, 2022

Over the last decade, the role of the manufacturing and distribution CFO has undergone a profound shift. survey , 57% of manufacturing CFOs agree that proficiency and knowledge to create an effective plan to operationalize and transition the business into a digitalized and automated manufacturer is the most critical factor globally.

Manufacturing Procurement 105

Manufacturing Procurement ERP Distribution Supply Chain Design Software 105

SYSPRO Smarter ERP

SEPTEMBER 25, 2024

Although not a new concept, the technology has been slow to penetrate manufacturing in part due to the age and size of the systems in use for managing these processes. As manufacturers and industry changes and frows, it is critical that the systems of record and engagement have the flexibility to keep pace.

Supply Chain Design Software 98

Supply Chain Design Software Manufacturing Procurement Supply Chain Design Optimization Software 98

Logistics Viewpoints

JUNE 29, 2023

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Make to Order: Here, products are manufactured based on specific customer orders. It directly affects the bottom line, making it crucial to manage effectively.

Manufacturing Procurement 110

Manufacturing Procurement Procurement Analytics Inventory Reduction Material Savings 110

SYSPRO Smarter ERP

FEBRUARY 15, 2023

To overcome these challenges, many manufacturers are bringing their operations closer to home and more literally, under one roof. Manufacturers typically occupy a space in the middle of this chain, but through vertical integration, they can extend their reach, and profits, within the value chain.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Material Savings Resource Reduction 105

Food Logistics

APRIL 20, 2023

More than one-third (36%) use co-manufacturers for materials manufacturing, and 20% seek help with materials sourcing and management.

Manufacturing Procurement 78

Manufacturing Procurement Study Sourcing Transportation 78

SYSPRO Smarter ERP

MARCH 14, 2022

Food and beverage manufacturing and distribution companies usually operate on smaller margins than most organizations in other industries. Wages are another significant cost for food and beverage manufacturers and distributors , and they’re going up, with labor currently very difficult to find and retain.

Manufacturing Procurement 105

Manufacturing Procurement Cost Reduction Material Savings Price Reduction 105

The Logistics of Logistics

SEPTEMBER 12, 2020

His primary research stream examines firms’ logistics operations, with an emphasis on studying motor carrier safety, productivity, pricing dynamics, and driver turnover. The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 195

GlobalTranz

JANUARY 20, 2015

As we get settled into this new year, we thought we’d share observations from conversations we’ve had with manufacturers and distributors recently. In fact, in order to combat these ever pressing issues and competition, we recently shared our insights on trends for 2015 facing manufacturers and distributors on the Cisco-Eagle Blog.

Manufacturing Procurement 105

Manufacturing Procurement Price Reduction Inventory Reduction Resource Reduction 105

GlobalTranz

JUNE 16, 2015

Throughout the course of business, business owners, who may be in the manufacturing, retail, or in another industry, find themselves focusing on innovation. In fact, the annual ChainLink Research Study found innovation to be the top focus for those involved in the manufacturing community.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

GlobalTranz

MARCH 24, 2017

Are industrial manufacturers seizing all the opportunities of a more digital world? A recent article suggests that, by 2018, only 30 percent of manufacturers investing in digital transformation will be able to maximize the outcome. Possibly not. The remaining 70 percent are hindered by outdated business models and technology.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Digital Supply Chain Software 83

Logistics Management

JANUARY 5, 2023

With worldwide shortages and supply chain disruptions, companies have changed how they source and manufacture parts and finished products. The Reshoring Institute studied and compared global labor rates around the world—and what follows are the high-level results of a study comparing labor rates in 13 different countries.

Manufacturing Procurement 137

Manufacturing Procurement Study Sourcing Supply Chains 137

The Logistics of Logistics

AUGUST 11, 2021

His primary research stream examines firms’ logistics operations, with an emphasis on studying motor carrier safety, productivity, pricing dynamics, and driver turnover. The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service.

Supply Chain Software 195

Supply Chain Software Supply Chains Manufacturing Procurement Logistics Network Optimization Software 195

GlobalTranz

JUNE 30, 2017

Manufacturers have always struggled to know their customers. Unfortunately, this means manufacturers face an even greater challenge, as more customers translate into greater use of customer service. But, how do manufacturers turn their focus to the customer experience? Determine What Customers Want Today.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics After-sales Price Reduction 82

Logistics Bureau

JANUARY 16, 2025

Just ask any manufacturer who’s had to halt production because a single critical component wasn’t available. 2) Diversify Your Operations The companies most likely to get through a crisis are those that have made an effort to diversify their operations and implement multi-sourcing strategies.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Supply Chain Software 74

Logistics Viewpoints

MARCH 3, 2025

ARC has been actively studying industrial AI for over two years. Ibrahim Al Syed, the director of digital manufacturing at Celanese, was surprisingly forthcoming about how Celanese developed these capabilities at ARC Advisory Groups 29th Annual ARC Industry Leadership Forum. The company has 55 manufacturing sites across the world.

Packing 80

Packing Supply Chain Design Software Negotiating Skills Supply Chain Planning Software 80

GlobalTranz

FEBRUARY 25, 2015

Editor’s Note: This is our second post in a collaborative blog post series about mobility in manufacturing & logistics along with Catavolt, who helps manufacturing organizations drive operational excellence with mobile apps. What is “The Internet of Things” Impact on Manufacturing & Logistics?

Manufacturing Procurement 107

Manufacturing Procurement Optimization Software Logistics Network Optimization Software Supply Chain Planning Software 107

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

GlobalTranz

MAY 23, 2017

We work with a lot of manufacturing companies and one of the questions we get most often is 'Why do we need to blog'? Often followed by 'How do we blog for manufacturing'? So now we know what a blog is but why is manufacturing blogging a great idea and not a waste of time: To Help People. A word about what a blog is.

Manufacturing Procurement 75

Manufacturing Procurement Blog Waste Reduction Waste 75

Logistics Viewpoints

NOVEMBER 29, 2021

In ARC’s recent study of this software market, MIC was the largest provider of Global Trade Compliance (GTC) software solutions to the automotive industry. This is what manufacturer calls a “flat” BOM. The post Save $100 Million in Sourcing with GTC Software appeared first on Logistics Viewpoints.

Optimal Sourcing 105

Optimal Sourcing Manufacturing Procurement Optimization Software Material Savings 105

AIMMS

MARCH 30, 2020

The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . Multiple best/worst case scenarios should be run under different demand conditions to study the impact on your supply chain. Study 2: Inspect Demand Trends .

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Planning Software Scenario Planning Supply Chain Design 139

GlobalTranz

APRIL 6, 2015

Many studies state that those who can manage the functions with the supply chain, they have a competitive advantage. At the same time, this data may indicate possible issues in the procurement process, regarding product quality and delivery. One of these trends, in addition to inventory keeping, is dual/multi-sourcing.

Optimal Sourcing 118

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

Kanban Logistics

AUGUST 13, 2020

If you’re a manufacturer, you likely know the answer. See, there’s a big difference between handling inbound logistics yourself and outsourcing it to a trusted North Carolina third-party logistics (3PL) provider that knows the manufacturing industry. Third-party procurement. Third-party procurement services from a 3PL can help.

Manufacturing Procurement 98

Manufacturing Procurement Inbound 3PL Material Savings 98

IoT World Today

MARCH 27, 2020

in manufacturing dominance. Manufacturing companies that have relied on China for production materials are feeling the blowback of this dependence; some retailers source more than half their inventory from China, according to 2020 Statista data. Indeed, by 2010, China surpassed the U.S.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

Globalior

APRIL 11, 2020

billion dollars to pull Japanese manufacturing out of China. While the move brings opportunity for Asia, particularly South East Asian countries – it remains to be seen if manufacturing quality and costs can match up to the requirements of Japanese manufacturing. appeared first on Globalior.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Packaging Study 52

Ship Monk

AUGUST 26, 2020

Just like how you poured time and effort into creating, marketing, and selling your products, the same should be done in the post-purchase stage. In fact, one of the biggest post-purchase mishaps is a simple lack of communication. Case studies eBooks and whitepapers Emails Graphics Podcasts Videos. Loop Customers In. deliveries.

Eliminating Excel in Purchasing 98

Eliminating Excel in Purchasing Manufacturing Procurement Purchasing After-sales 98

Logistics Viewpoints

MARCH 1, 2021

Dr. Alexandros Skandalakis – the Director Global Manufacturing Capacity, Strategic Assets and Capital Expenditures at Philip Morris Products S.A. This was done at a stock keeping unit level and for the entire manufacturing supply chain. Once the analysis was done for Year One set up, Year Two was pretty much the same.

Supply Chain Design Software 112

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 112

Kanban Logistics

JULY 23, 2020

Walk into the manufacturing sites of many large companies and you’ll observe a finely tuned inbound logistics operation, with parts and raw materials arriving at the factory for that day’s production requirements. Here are some of the ways that 3PLs can help smaller plants take advantage of logistics services in the manufacturing industry.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Negotiating Skills Procurement Solutions 52

GlobalTranz

OCTOBER 2, 2015

Today is National Manufacturing Day ! This infographic was sent to us by our friends over at Manufacturing Stories, who is always adding great maker movement infographics to their Pinterest board here. . We hope you have a great manufacturing day! Learning in the Making. That is why STEM is truly among the liberal arts.”.

Manufacturing Procurement 112

Manufacturing Procurement Purchasing Skills Resource Reduction Sourcing Strategies 112

NGT News

JUNE 8, 2022

Both vehicle manufacturers and government officials have work to do as consumers in Canada trail those in the United States when it comes to electric vehicle (EV) purchase consideration. According to the inaugural J.D.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Study Government 98

Blue Grace Logistics

JULY 17, 2023

Wholesale Weakness Slowing US Inventory Destocking Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - July 17, 2023 The effort to cut inventories is being slowed as consumers reduce goods purchases, forcing companies to continually rebalance inventory.

Inventory Reduction 116

Inventory Reduction Inventory Manufacturing Procurement Resource Reduction 116

Logistics Bureau

JUNE 21, 2020

The short answer is that it is indeed possible to re-shore manufacturing but it will take a change in government policies as well as sizeable state incentives to private enterprise to turn the ship around. Can Australian Manufacturing be Brought Back Home from China? Only time will tell. Why China Became Australia’s Factory.

Manufacturing Procurement 59

Manufacturing Procurement Price Reduction Cost Reduction Outsourcing 59

Logistics Viewpoints

FEBRUARY 19, 2024

The outsourced R&D, in turn, supported outsourced manufacturing with over 50 key suppliers. Boeing is now a case study in how not to outsource a supply chain. But if Boeing can’t even manage processes in their factories, how good can they be at managing their partner’s manufacturing processes?

Outsourcing 124

Outsourcing Supply Chain Design Software Manufacturing Procurement Logistics Network Optimization Software 124