Enterra Insights

MARCH 20, 2019

Gartner defines the term this way: “Business intelligence is an umbrella term that includes the applications, infrastructure and tools, and best practices that enable access to and analysis of information to improve and optimize decisions and performance.”[1] ”[6] Much of that data comes from consumers using smartphones.

Analytics Software 100

Analytics Software Predictive Analytics Software Optimization Software Procurement Analytics 100

Supply Chain Shaman

OCTOBER 8, 2019

No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. Average Inventory Levels by Industry over the Period of 2010-2018.

Supply Chain Design Software 186

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 186

Enterra Insights

JUNE 24, 2022

Barcode systems help businesses and organizations track products, prices, and stock levels for centralized management in a computer software system allowing for incredible increases in productivity and efficiency. Not People ,” LinkedIn, 19 December 2018. [6] The post National Barcode Day 2022 first appeared on Enterra Solutions.

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

Logistics Viewpoints

NOVEMBER 30, 2020

in 2018 but has steadily grown to 30.6% The anchor and catalyst for our transformation” was moving to using one pool of inventory to fulfill all digital and in-store purchases. A buyer now “purchases for one business.” Target’s gross margin rate was 28.4%in in the third quarter of this year. of total sales.

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

Arena Solutions

APRIL 4, 2023

1 In 2018, the three engineering disciplines producing the most degrees were, mechanical engineering, with 31,936 degrees, computer science with 19,082 degrees, and electrical engineering with 13,767, 2 And in 2020, 199,790 degrees in engineering were awarded in the U.S. Breaking it down In the U.S. 3 What’s the allure?

Manufacturing Procurement 73

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 73

QAD

SEPTEMBER 22, 2021

ERP software has the ability to connect and transform every aspect of an enterprise. Today’s Software-as-a-Service model provides businesses with a level of efficiency that helps them work smarter, faster, and more cost-effectively. What is ERP Software? Overall, ERP software enables businesses to function more effectively.

Case Study 52

Case Study Study Optimal Sourcing Supply Chain Planning Software 52

QAD

JULY 28, 2022

She encourages supply chain leaders to review the 24 processes and evaluate their supply chains to identify any gaps and uncover potential solutions. Her students tend to focus on purchasing, logistics and consulting. Episode #10: Maps & Metrics.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 95

NC State SCRC

JANUARY 18, 2018

In a prior post on 2018 supply chain predictions, I shared how NC State’s Poole College of Management engages directly with industry through student-led projects. The students will review and document the current geography allocation process for Surplus/excess, Overage and Unconsumed Purchase parts inventory (SOUP).

Vendor Strategies 40

Vendor Strategies Optimal Sourcing Inventory Reduction Resource Reduction 40

Enterra Insights

SEPTEMBER 16, 2019

In retail, buyers want to understand where the products they are purchasing are coming from and how they were created.” performance-based metrics. 2] Jennifer Furey and Rebecca Harris, “ Reaching Millennials: The Need for True Transparency in Supply Chains ,” The New York Law Journal , 24 August 2018. [3]

Supply Chain Design Software 174

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 174

Logistics Viewpoints

SEPTEMBER 19, 2022

Following this, Mr. Welty purchased a WMS company which became the platform upon which he created a different business called Quiet Logistics, a third-party logistics company focused on picking ecommerce orders with robotic technology. Locus is a complete solution that solves the problem quite elegantly.”.

Modeling Software 203

Modeling Software Supply Chain Planning Software Logistics Network Optimization Software Demand Planning Software 203

RFgen

OCTOBER 11, 2018

One quarter of enterprises increased their MRO budgets for 2018, a step 22 percent took the year prior, according to market analysis from Peerless Research and Logistics Management. Inventory accuracy: This metric measures the number of items listed as in-stock against the total found within spare part and raw material caches.

Procurement Analytics 52

Procurement Analytics Metrics Optimization Software Procurement Solutions 52

RFgen

OCTOBER 11, 2018

One quarter of enterprises increased their MRO budgets for 2018, a step 22 percent took the year prior, according to market analysis from Peerless Research and Logistics Management. Inventory accuracy: This metric measures the number of items listed as in-stock against the total found within spare part and raw material caches.

Procurement Analytics 52

Procurement Analytics Metrics Optimization Software Procurement Solutions 52

Zipline Logistics

OCTOBER 6, 2020

he CPG brands that emerged unscathed from COVID-induced commerce changes, 2018 conditions, and recent natural disasters can all cite commonalities that have enabled supply chain success—control and visibility. . How specialized firms are leveraging technological tools to be true disruptors . Where both industries are headed .

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Vendor Strategies Retail 52

The Logistics & Supply Chain Management Society

JULY 20, 2020

But the COVID-19 crisis, has required rapid operational solutions to unforeseen roadblocks. Quick solutions to employee shortages, remote working, and to ensure health and safety across the company need to be deployed. billion (based on 2018 sales). These bottlenecks significantly change the priorities of leaders.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Zipline Logistics

MARCH 18, 2020

It currently just uses on-time metrics to grade suppliers and the store’s retail buyers can base purchasing decisions on a brand’s delivery performance. Sam’s Club launched its OTIF program in the spring of 2018, following the logistics compliance precedent set by Walmart. The software called Appointment Scheduler 2.0

Vendor Strategies 52

Vendor Strategies Procurement Analytics Buyer Training Supply Chain Planning Software 52

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. How can smart software assist your reverse logistics programme? In a 2018 survey of 1000 shoppers , 89% said they have bought an item online and returned it. Why is reverse logistics important?

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Veridian Solutions

DECEMBER 26, 2018

The 2018 holiday shopping season has evolved beyond the traditional shopping days. However, in 2018, the days of sales had evolved even further, becoming a week-long event that started the day before Thanksgiving and continued through Green Monday. A Guide to the Warehouse Metrics Supply Chain Execs Should Track.

Supply Chain Design Software 40

Supply Chain Design Software Real-time Visibility Demand Planning Software Inventory Reduction 40

Supply Chain Collaborator

NOVEMBER 16, 2017

These three headlines from Transport Topics and Food Shippers of America magazine tell the story of one of the most important challenges facing shippers in North America leading into 2018. Here’s the story and the solution to the mounting challenge. The bellwether metric – spot rates – are pegging the meter. Dry van rates are 4.4%

Just-in-Time 60

Just-in-Time Negotiating Skills Transportation Purchasing Skills 60

Veridian Solutions

DECEMBER 26, 2018

The 2018 holiday shopping season has evolved beyond the traditional shopping days. However, in 2018, the days of sales had evolved even further, becoming a week-long event that started the day before Thanksgiving and continued through Green Monday. A Guide to the Warehouse Metrics Supply Chain Execs Should Track.

Supply Chain Design Software 40

Supply Chain Design Software Real-time Visibility Demand Planning Software Inventory Reduction 40

Veridian Solutions

DECEMBER 17, 2018

The High Costs of Returns in E-Commerce More than $400 billion worth of merchandise will be returned following the 2018 holiday shopping season, notes Retail Dive, and that figure will swell to more than $550 billion by 2020. In addition, returns from online purchases have a notoriously high rate, often cited at 30 percent.

Expense Reduction 45

Expense Reduction Cost Reduction Strategies Procurement Analytics Purchasing Skills 45

Zipline Logistics

DECEMBER 1, 2020

Right now, we are seeing a shift away from the big box brand purchasing that defined the spring of 2020 to food trends more in line with what we have seen over the past several years. plant-based and cell-based meat companies in the past 10 years — $13 billion of it in 2017 and 2018.” COVID-19 Purchasing Patterns Here to Stay .

Food 52

Food Trends Manufacturing Procurement Procurement Analytics 52

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the Supply Chains to Admire Award.

Supply Chain Software 33

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 33

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the Supply Chains to Admire Award.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Enterra Insights

MARCH 24, 2021

Nevertheless, many business gurus insist companies need to implement machine learning solutions if they are going to compete in the years ahead. The low-hanging fruit for an ML use case is likely to spawn from its historical, labelled data.” 4 – Can your solution to this problem afford for some allowance of error?

Modeling Software 130

Modeling Software Predictive Analytics Software Procurement Solutions Demand Planning Software 130

Supply Chain Shaman

OCTOBER 8, 2017

” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” I worked for a software company for almost a decade and implemented demand management solutions in the 1990s for multiple companies. ” I am in the middle. Here I share my world view.

Supply and Demand 156

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 156

Lucas

JULY 3, 2018

WERC’s Annual DC Measures Survey is a great tool for benchmarking your distribution center and warehouse operations, but it’s also a valuable resource for identifying trends across the industry. This year’s survey showed the growing importance of labor-related metrics in assessing DC performance. Annual workforce turnover.

DC 11

DC Survey Supply Chain Planning Software Analytics Software 11

Talking Logistics

JUNE 22, 2015

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 billion barrels over the lifetime of the vehicles sold under the program. Are your trailers loaded in the most optimal way possible?

Vendor Strategies 100

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 100

Freightos

FEBRUARY 4, 2020

As a result, nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and to power intelligent decisions. In April 2018, having observed this inefficiency in the market, Freightos partnered with the Baltic Exchange, an independent, trusted institution with deep experience (dating back to about 1750!)

Optimal Sourcing 241

Optimal Sourcing Purchasing Skills Real-time Visibility Procurement Analytics 241

Talking Logistics

APRIL 10, 2019

The company wasn’t a pure startup at the time (it was founded in 1981), but like all software companies during those years, it rode the dotcom tidal wave up — and then crashed down with everyone else (see period from 1999 through 2002 in the stock chart below). Descartes Systems Group Revenue 2006-2018 (Source: macrotrends).

Supply Chain Design Software 20

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software 20

ShipBob

AUGUST 25, 2021

Some of these inefficiencies often start with improper purchase ordering. To optimize your first-mile delivery process effectively, you will need a system in place to collect data and report on key distribution metrics. Much of this can be tracked by implementing an inventory management software or a warehouse management system (WMS).

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Optimization Software Inventory Reduction 52

Veridian Solutions

JANUARY 23, 2019

The 2018 holiday shopping season saw more customers shop for online-only purchases through Amazon, as well as a record number of shoppers in traditional brick-and-mortar stores. In addition, W [link] almart saw a significant increase in the number of purchases made online and picked up in store.

Supply Chain Network Software 49

Supply Chain Network Software Demand Planning Software Optimization Software Warehousing 49

synchrono

JULY 9, 2018

You either purchase or retrofit your equipment with intelligence, and you invest in applications like SyncView ® to improve shop floor visibility. In the 2018 Gartner CIO Agenda Report , 17% of respondents said digital transformation was their number one priority. Visualizing Metrics in the Factory of the Future .

Demand Planning Software 54

Demand Planning Software Supply Chain Network Software Supply Chain Planning Software Predictive Analytics Software 54

EMERGE App

DECEMBER 31, 2018

And you might still be shaking off a hangover and wondering where on earth did 2018 go. Well, today is the day to take stock of what you did right , and what went wrong , in 2018. If you’re still not convinced about using inventory management software , then perhaps the benefits might sway you over. Use and embrace it.

Inventory Management Software 60

Inventory Management Software Purchasing Skills Forecasting Software Manufacturing Procurement 60

Enterra Insights

DECEMBER 6, 2021

And retailers are seeing the potential for new revenue streams derived from selling synthetic data on customers’ purchasing behavior without revealing personal information.” A company also needs very specific, sophisticated frameworks and metrics that enable it to validate that it created what it set out to create. Footnotes. [1]

Data 130

Data Modeling Software Procurement Analytics Modeling 130

Unleashed

FEBRUARY 28, 2021

Supply chain management systems are tools that integrate every element of a company’s supply chain to help it become more efficient, effective, and profitable. This is done either with on-premise software, through the cloud, or using a hybrid of both. . This is why a good SCM tool is so important. Cloud-based software.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Analytics Software 98

Unleashed

JUNE 2, 2022

Omnichannel integrates a multichannel strategy and optimises it as a progression of the online purchasing journey for the modern eCommerce customer. Enhance customer satisfaction , because omnichannel optimises opportunities for personalisation through collection, analysis and cross-referencing of customer metrics and data, from all channels.

Omnichannel 97

Omnichannel Inventory Management Software Supply Chain Design Software Analytics Software 97

DAT Solutions

MAY 7, 2018

I've studied the transportation sector for decades, mostly as a financial analyst, and I regularly advise transportation company executives and investors on stock purchases. Last year, I developed the DAT Freight Barometers as a predictive tool, to help explain and forecast transportation pricing trends.

Capacity 70

Capacity Freight Purchasing Skills Procurement Analytics 70