Modern manufacturing has brought warehouses increasingly into the manufacturing process. According to Logistics Management, Manufacturing Execution Systems (MES) and Warehouse Management Systems (WMS) are coming together. LeanDNA is mentioned as one of the new technologies driving the charge. Read the highlights below or read the full article on Logistics Management.
Continue Reading “LeanDNA in the News: Logistics Management on the Merger of MES and WMS”
Digital transformation is necessary for enterprises, but many business leaders don’t know where to start. Recently, TechRepublic created a cheat sheet on the benefits and how-tos of digital transformation, and featured quotes from Richard Lebovitz, CEO of LeanDNA. Below are highlights from the article, or check out the full article on TechRepublic.
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¡Hola! Each day, LeanDNA sets out to delight customers and transform supply chains around the world through collaborative analytics. To support our global users, we’re always making improvements and additions to the tool. Today, we are pleased to announce that LeanDNA now offers Spanish language support!
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As part of a company-wide initiative to reduce working capital and inventory costs, your leadership has just asked you to analyze your supply base and determine the top 10 suppliers requiring improvement. You need an action plan and KPIs to measure performance improvements for those suppliers—and fast. Your supplier development team is struggling to come up with streamlined ways to track supplier performance, understand the root cause of performance issues, and actually drive improvements. Now it’s time to scramble as a team to develop and implement an improvement strategy. But where do you start? You need the right supplier performance management tools to achieve these objectives.
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Supply chain executives are always on the hunt for improvements to efficiency that lead to cost savings. Improving processes is often low-hanging fruit that can be done quickly with the right tools in-hand. In this post, I’d like to show you how our customers have saved millions through inventory optimization and cost reductions by leveraging new supply chain predictive analytics technology that leverages AI and cloud computing. I’ll also touch on Deloitte’s 2018 MHI Annual Industry Report, which discusses trends of next-generation supply chains, and the tools most leaders believe will disrupt the industry. Automation is right at the top of the list.
By some estimates, procurement costs make up 60-80% of production costs for many manufacturers. Suppliers not only contribute to product innovation, they also help manufacturers achieve more effective production processes. Given the high dollar value associated with procurement, it comes as no surprise that supply chain teams are eager to learn how to improve supplier performance to deliver millions in savings for their organizations.
Continue Reading “How to Improve Supplier Performance: Six Strategies for Manufacturers”
Continue Reading “Historical Supply and Demand Data Allows Cutting-Edge Root Cause Analysis”
When are parts not just parts? Recently, LeanDNA was featured as a best-of-breed solution to consider for augmenting direct material processes as part of a call for improvement in supply chains by Lora Cecere, lead analyst at Supply Chain Insights. Below are highlights from the article, or read the full article at Supply Chain Insights.
Of the thousands of moving parts and hundreds of different roles across the supply chain, few are more directly impactful to the bottom line than that of the buyer. If buyers are successful, on-time delivery improves and inventory capital is reduced. If they fail, the company can experience enormous financial losses due to shortages, work stoppage, and days of “firefighting.” And like many critical business roles, buyers’ days are so full that work often bleeds into evenings and weekends.
Continue Reading “It All Starts with Buyers: Supplier Performance and Inventory Optimization”
