The electronic industry has always been characterized by high variability in supply and demand. With recent natural disasters such as the earthquake and tsunami in Japan, and flooding in the parts of the U.S., the problem has only become more acute. Tackling it requires state-of-the-art systems, strong management commitment, good customer service, well-run business processes, integration among functions and effective inventory-control procedures, says Dave Lentz, director of innovation and solutions marketing with Avnet Electronics Marketing Americas.
Arena Solutions, a vendor of cloud-based product lifecycle-management (PLM) software for managing bills of materials (BOMs), has forged a partnership with Octopart, a search engine for electronic parts.
Epicor Software Corp. has introduced a new version of its enterprise resource planning (ERP) application. The update contains more than 300 new features and enhancements across every suite, including the Epicor ICE Business Architecture.
"Sometimes buzz begets buzz." That's Patrick Bower's explanation for why sales and operations planning (S&OP), hardly a new concept, has become so important to companies today. According to the senior director of corporate planning with Combe Inc., globalization has had a big influence on companies looking for ways to plan demand within increasingly complex supply chains.
Companies wonder how often they should meet in order to achieve maximum information-sharing within the organization, as part of an effective sales and operations planning (S&OP) process. "As often as they need," advises Sanjiv Sharma, head of sales and operations planning with Rolls-Royce Energy Systems. "As little as they can get away with."
Above average percentage increases in transportation costs could indicate your transportation expenses are cutting into your bottom line. Working with a 3PL, you're able to address the cause for the increase and implement some changes to avoid profit erosion moving forward.