SCMDOJO

MARCH 19, 2024

Logistics Logistics involves managing the transportation and delivery of goods. This includes providing excellent customer service, so businesses can enhance customer satisfaction and loyalty. Logistics Manager Planning and coordinating transportation, distribution, and warehousing activities to ensure efficient product flow.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Shaman

NOVEMBER 9, 2014

This team is not buying the message. So much so, that three years ago, I founded a research company to focus on understanding supply chain excellence. When we started benchmarking companies, Deborah and I had a friendly wager. Deborah and I benchmarked 97 supply chains; and, we found the inverse to be true. I was wrong.

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

Supply Chain Shaman

JUNE 21, 2023

Demand latency is the time cycle to translate a channel purchase to an order.) Companies that operate separate systems for revenue management and demand management create a risk in understanding market trends and gauging price elasticity quickly. Why Do We Believe Reactive Planning Processes Are Beneficial?

Gartner 365

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 365

Supply Chain Shaman

DECEMBER 26, 2012

However, none of the three companies knew this before the benchmarking activity. This includes the automation of path-to-purchase for consumer products, active shaping of demand through price, channel incentives and promotions, eCouponing and mobile commerce for retail, and product proliferation for all. It constantly amazes me.

Manufacturing Procurement 187

Manufacturing Procurement Purchasing Skills Modeling Supply Chain Design 187

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The translation of independent demand into cycle stock reduction in production planning and material buying in demand-driven MRP.

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186

Supply Chain Movement

JUNE 11, 2014

Today it operates in 67 countries with 143,000 employees and has 76 business units on six platforms that cover animal feed, food production, energy and transportation, financial services and pharmaceuticals. Our buyers are purchasing micro ingredients, such as vitamins, additives, minerals, etc. All three should be in balance.”.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

ThroughPut

FEBRUARY 2, 2024

Sluggish vs Optimized Transportation and Logistics Without Advanced Analytics : Logistics operations may operate on static routing and scheduling, not accounting for variables like traffic, weather, or sudden changes in demand. By analyzing customer behavior, purchase histories, and search trends, Amazon predicts future product demand.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. GT Nexus is one of the strongest providers of transportation visibility for the global ecosystem. It is clear.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Logistics Viewpoints

APRIL 25, 2024

Managing yard and warehouse operations has long been one of the thornier aspects of transportation logistics. Yards are a choke point between transportation and warehousing — and wherever you have choke points, you have a higher risk of inefficiencies that drive up labor costs, detention fees and delivery commitments.

Expense Reduction 222

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 222

Unleashed

JULY 25, 2021

Food waste can be caused by inadequate processing, production waste, poor food handling, perishability factors, environmental events, loss during transport and harvesting, or because food simply doesn’t make it past the farm gates. Coffee waste is also an excellent substrate for mushroom cultivation. What is food waste management?

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

Zipline Logistics

FEBRUARY 9, 2021

As the business world further integrates advanced tech in the automated realm, logistics data will only become more important to CPG brands aiming to improve their transportation performance while reducing costs. It is critical to leverage transportation analytics to get the most out of your operation. Total Transportation Spend.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Another option is to work in a warehouse, or in transport, or maybe in customer service where you are dealing with people all the time. Track KPIs and benchmark the supply chain’s performance.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

The Logistics of Logistics

DECEMBER 31, 2021

Amazon has raised the bar on digital communication with customers and their accurate, on-time home deliveries set the benchmark for the rest of the industry. Walmart is a juggernaut when comes to sales and operational excellence. Walmart is the world’s largest company by revenue, with over $524 billion USD in 2020. Rick Watson.

Eliminating Excel in Purchasing 130

Eliminating Excel in Purchasing Logistics Network Optimization Software Resource Reduction Inventory Management Software 130

Supply Chain Opz

NOVEMBER 9, 2014

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Work with your broker to see if you can get priority on unloading the ship and inland transport. Hold your imports as long as possible before committing to final delivery.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Tompkins Blog

APRIL 2, 2014

Benchmarking & Best Practices Consortiums. Webcast – “Supply Chain Control Towers: Separating Fact from Fiction” With the overwhelming complications faced by today’s supply chain managers, companies are searching for the best solutions to combat complexity and create supply chain excellence with the consumer-driven approach.

Demand Planning Software 40

Demand Planning Software Supply and Demand Supply Chain Design Software Network Design Software 40

NC State SCRC

MARCH 9, 2016

As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka. They combined related functions such as purchasing, inventory control, receiving, and stores under the authority of one individual.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

Arkieva

APRIL 21, 2016

The Discipline of Market Leaders, Basic Books, 1995) argues that in any sector, a company can be a market leader by excelling in 1 of 3 dimensions only. Either the company is a product leader, is a leader by operational excellence, or is a leader in customer intimacy. Operational Excellence Leader. Wiersema, F.,

Inventory Reduction 60

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 60

Zipline Logistics

JANUARY 24, 2020

Despite its importance, many brands, irrespective of sophistication, have encountered issues with consistently meeting these benchmarks. If unable to find a product in store, consumers are quick to turn their attention online and purchase goods there. Align Production and Transportation Schedules.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

Oracle SCM

JULY 12, 2017

Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. This enables reduction of carbon inefficiencies, minimized energy consumption, less waste with “recycle-reuse-refurbish” materials, and optimized travel and transportation. Agility is the name of the game.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

BlueYonder

AUGUST 28, 2017

Operational Excellence Delivers Profit Optimization. The disciplines of interest will include supply management, efficient order fulfillment, transportation and workforce. Transportation Optimization. Let’s look at these independently for critical capabilities and then revert to the holistic orchestration: Supply Management.

Optimal Sourcing 43

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Software 43

BlueYonder

AUGUST 28, 2017

Operational Excellence Delivers Profit Optimization. The disciplines of interest will include supply management, efficient order fulfillment, transportation and workforce. Transportation Optimization. Let’s look at these independently for critical capabilities and then revert to the holistic orchestration: Supply Management.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Software 40

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. eAuctions technology can reduce the cost of purchasing products and services by up to 20%. It’s time for the Auctioneer to take the stage!

Vendor Strategies 138

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 138

Logility

DECEMBER 15, 2023

Planting the Seeds of Resilience Most companies understand that accurate forecasts are critical to minimizing inventory, maximizing production efficiency, streamlining purchasing, optimizing distribution, minimizing waste, and projecting future performance confidently.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels. Supply chain managers require visibility to track the necessary components from a purchase order for production or to fulfill a customer order.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

GlobalTranz

AUGUST 11, 2016

In this blog, Andy discusses the health of the manufacturing industry, manufacturing technology orders, and setting benchmarks for company performance. At Wenzel we watch the PMI ( Purchasing Managers Index ) and the USMTO (United States Manufacturing Technology Orders) numbers and compare them with our own performance.

Manufacturing Procurement 120

Manufacturing Procurement Forecasting Software Analytics Software Optimization Software 120

Intelligent Audit

JANUARY 26, 2022

A freight bill includes a lot of information that requires the shipper to decide how transportation should be handled. To do this properly, both parties need all of the details of what was purchased and delivered. Are their charges in line with industry standards? For example: Does delivery take too long?

Negotiating Skills 52

Negotiating Skills Freight Negotiate Pricing Purchasing Skills 52

Precoro

FEBRUARY 27, 2023

Streamlines Internal Procedures Spending data analysis sheds light on similar purchases between different departments. It enables them to cooperate even more closely to create fewer purchase orders and get things done faster by grouping multiple items and services into one purchase.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

NC State SCRC

OCTOBER 8, 2016

As a young assistant professor at Michigan State University in 1992, I was part of a group called the Global Procurement Benchmarking Initiative. This initiative benchmarked over 300 global companies, and set forth many of the principles for what we called “World Class Supply Chains”.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 58

Supply Chain Shaman

JUNE 20, 2014

The implementations were longer, the purchase costs were higher, and the functionality was less robust and lacking flexibility. The SAP team has built an incredible system of record to enable flows from ERP to SCP, but has failed to deliver a solution to deliver SCP planning excellence. I did not see it. Related.

Supply Chain Planning Software 305

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 305

NC State SCRC

MAY 4, 2022

Price analysis is a subject that is often overlooked in supply chain education, (although it is certainly a big part of our chapter on Strategic Cost Management in Purchasing and Supply Chain Management ). Whatever you want to call it, Price Analysis is an activity that is well worth conducting. Maybe Price Analysis’s time has returned!

Purchasing Skills 59

Purchasing Skills Analysis Optimal Sourcing Procurement Solutions 59

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. At the same time, it makes excellent sense to have a good SEO software solution to keep track of how your marketing strategies perform.

Supply Chain Visibility 76

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 76

Supply Chain Shaman

SEPTEMBER 13, 2016

As shown in Figure 1, the biggest obstacles to power improvement/performance are traditional supply chain thinking, the lack of organizational alignment and a focus on functional excellence. Companies using traditional technologies coupled with Excel spreadsheet ghettos will be at a disadvantage. These are tough to overcome.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

Jaggaer

JUNE 18, 2019

It covers how Biogen is rethinking how it approaches supplier discovery and how granularly we understand, clean sheet, and cost model the items we’re buying. First, it helps your teams not only find cool ideas that can actually drive differentiated value for your business, it also allows you to change benchmarks and standards.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Big Data Procurement Solutions 40

Supply Chain Shaman

JUNE 16, 2014

In a similar vein, a major 3PL that I spoke to last week at Eye for Transport is considering discontinuing the traditional storage of spare parts and initiating a new service to do 3D printing of parts on demand. I would build an expertise system in the Supply Chain Center of Excellence. I believe that it matters.

Supply Chain Design Software 287

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 287

6 River Systems

DECEMBER 11, 2018

Create an adaptive unified buying process. “If you look at the typical buying process, it is bifurcated based on geography. If I am going to buy goods from this geography, then I use this process. At the very least, they should see a message indicating that the products are out of stock before they make the purchase.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Freightos

JULY 23, 2015

It’s no coincidence that Transport Intelligence just emailed me an invitation to The Future of Logistics conference. Download an Excel version of the list here for free ! An information Service providing ocean freight rates and transit times, useful for benchmarking by shippers and freight forwarders. Really hot.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Design Software San Francisco Predictive Analytics Software 120

ThroughPut

JUNE 24, 2022

This has severely affected the smooth supply chain functioning across the globe due to the “panic buying” ripple effect. Lack of complete visibility into existing product portfolios due to unplanned events, plant shutdowns, or transportation problems makes this task even more convoluted. 3) DIVE INTO YOUR DATA. MAXIMISED DATA.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98