The Logistics & Supply Chain Management Society

JULY 16, 2023

The halal trust of a brand is measured through a consumer survey, analysing the consumer perception of the halal logo, excellence, transparency, halal authenticity, and intention. The halal trust assessment could be conducted for one brand, but can also be benchmarked with selected competing brands.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

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

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 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

Alloy

FEBRUARY 4, 2024

The purchase of Market6 was an effort by 84.51° to fill this gap, and in some ways it did. The ‘Warehouse Inventory’ report shows daily inventory on hand by case and case GTIN. There are large meals to prepare, stockings to stuff, and presents to buy. The 84.51° helps brands better understand their customer.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Supply Chain Opz

NOVEMBER 9, 2014

That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations. Eliminate Before You Automate : Automation is critical to large, efficient warehouse operations.

Waste Reduction 274

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

Supply Chain Movement

JUNE 11, 2014

It’s hard to imagine that Cargill began as a grain storage warehouse in Iowa, USA, in 1865. We look at where we need to enhance our technology program, optimize transports and warehousing, segment and increase services to our customers, all within the matrix of improving the global supply chain.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

Material Handling & Logistics

DECEMBER 3, 2018

According to APQC Open Standards Benchmarking data, organizations that are median, or midpoint, performers on this measure have a perfect order index of 90. In other words, 10% of orders being shipped by companies who are median performers have some form of failure or defect, so 10% of order recipients are disappointed.

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Inventory Reduction Supply Chain Planning Software 100

Supply Chain Shaman

MAY 1, 2014

There is an inverse relationship between margin and supply chain excellence. Zimmer’s strategic framework focuses on growth, operational excellence and prudent capital allocation. Leaders need to start a system to improve measurement and tie performance to buying incentives. Yet, the attendees wanted to discuss Lean warehousing.

Supply Chain Planning Software 289

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 289

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals.

Supply Chain Planning Software 96

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

ThroughPut

MAY 13, 2022

Demand sensing is the process of leveraging advanced analytical techniques to create short-term predictions of real-time fluctuations in purchase behavior. Demand sensing solutions extract everyday data from POS systems, warehouses, as well as external sources to detect variances in sales by comparing with historical trends.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

ThroughPut

MAY 13, 2022

Demand sensing is the process of leveraging advanced analytical techniques to create short-term predictions of real-time fluctuations in purchase behavior. Demand sensing solutions extract everyday data from POS systems, warehouses, as well as external sources to detect variances in sales by comparing with historical trends.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

BlueYonder

AUGUST 28, 2017

Operational Excellence Delivers Profit Optimization. Order fulfillment requires orchestration across the traditional disciplines associated with supply chain planning, order management and warehouse execution. Order Fulfillment. Transportation Optimization.

Optimal Sourcing 43

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

AIMMS

JUNE 23, 2016

With “Samurai” solutions you get clear benchmarks, predictability, control and reliability. You don’t need a large team to start building your own Supply Chain Analytics Apps, but you do need buy-in from the start. ” You won’t be able to tackle all of your challenges with that solution.

Prescriptive Analytics Software 156

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 156

BlueYonder

AUGUST 28, 2017

Operational Excellence Delivers Profit Optimization. Order fulfillment requires orchestration across the traditional disciplines associated with supply chain planning, order management and warehouse execution. Order Fulfillment. Transportation Optimization.

Optimal Sourcing 40

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

AIMMS

JUNE 23, 2016

With “Samurai” solutions you get clear benchmarks, predictability, control and reliability. You don’t need a large team to start building your own Supply Chain Analytics Apps, but you do need buy-in from the start. ” You won’t be able to tackle all of your challenges with that solution.

Prescriptive Analytics Software 136

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 136

HICX Solutions

SEPTEMBER 23, 2020

In terms of internal hidden costs, Excel is one environment in which hidden factories can quickly become established. While ‘free’ in the sense that the software is bundled onto most people’s desktops, the result of using Excel is the equivalent to ‘death by a thousand cuts.’ and 3 hours per day respectively.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Data Eliminating Excel in Purchasing 52

Arkieva

JANUARY 6, 2017

The ABCDs of an Excellent Supply Chain. In this 2-part Supply chain strategy post , the Managing Director at Solventure – Bram Desmet, discusses the key elements of an excellent supply chain. So, as I sit down to write this blog, I wonder what are some of the things that make supply chains excellent? Please subscribe here.

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

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

Oracle SCM

JULY 12, 2017

Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. Compliance audits, best practices, and benchmarks provide a governing framework for sustainable supply chain operations and ensure clarity around the environmental impact of specific actions. Agility is the name of the game.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

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. Communicate Clearly with Warehouses. Rethink Network Configuration.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

HICX Solutions

SEPTEMBER 23, 2020

In terms of internal hidden costs, Excel is one environment in which hidden factories can quickly become established. While ‘free’ in the sense that the software is bundled onto most people’s desktops, the result of using Excel is the equivalent to ‘death by a thousand cuts.’ and 3 hours per day respectively.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Data Eliminating Excel in Purchasing 52

SCMDOJO

DECEMBER 11, 2023

From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance. Total Cost: The overall cost of the purchase order, calculated based on quantities and unit prices.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Supply Chain Shaman

AUGUST 26, 2015

The inherent buying patterns of consumers are also changing. Purchases in the center store of the grocery store are in decline, and apparel tastes are shifting. By building demand management processes to focus on channel movement, companies can cut demand latency and model independent demand–customer purchases.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Logility

NOVEMBER 6, 2018

Managing a successful retail business is combining this art with the science of excellent business strategies and objectives. Consumers are in control and have access to the channel of their choice when and where they are ready to buy. BRP: 2017 Merchandise Planning Survey Benchmark Research. The future of retail is now.

Retail 130

Retail Inventory Reduction Forecasting Software Optimization Software 130

6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. This is where sustainability benchmarking can really help you home in on where improvement is most needed.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 84

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. While companies speak for the need to drive agility and resilience, the real focus is operational excellence.

Agile and Lean Supply Chain 287

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 287

6 River Systems

DECEMBER 5, 2019

The efficiency of order fulfillment from warehouses has become an important focus in logistics management as customers demand quicker deliveries. Warehouse order picking is an important factor in efficient order fulfillment. ” – Shawn Lynch , How to Improve Order Picking Your Warehouse , FlexQube; Twitter: @FlexQube 2.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. This is where sustainability benchmarking can really help you home in on where improvement is most needed.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 52

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

Unleashed

SEPTEMBER 7, 2020

Many small businesses manage their staff, resources and time the old way — with a pen and paper, and perhaps the odd Excel sheet. Buy materials only as you need them. For example, a coffee roaster finds that she’s spending more on materials than the industry benchmark and reviews the products.

Cost Reduction Strategies 105

Cost Reduction Strategies Negotiating Skills Material Savings Expense Reduction 105

ShipBob

APRIL 13, 2021

Depending on your business goals, a “conversion” can be almost anything, but in most cases, for ecommerce businesses, it is when someone converts from being just a website visitor or email subscriber to becoming a customer by making a purchase. COGS = Beginning inventory + Purchases during the period – Ending inventory. Shipping fees.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

Alloy

OCTOBER 3, 2023

Channel Performance in Walmart Luminate gives you a true omni-channel view of sales, whether the purchase is in-store, delivered, shipped to store, picked up, or shipped directly to the customer. This module also includes data on: switching, trial and repeat, assortment, basket, loyalty, benchmarking and more. Not anymore.

Procurement Analytics 52

Procurement Analytics Analytics Software Forecasting Software Predictive Analytics Software 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

ThroughPut

JUNE 24, 2022

Accurate inventory management can ensure the right flow of items in and out of a warehouse. WAREHOUSE EFFICIENCY. An efficient warehouse is an integral part of the supply chain and automation can assist in the timely retrieval of an item from a warehouse and ensure a smooth journey to the customer. ENHANCED SAFETY.

Supply Chain Planning Software 98

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

Intelligent Audit

JANUARY 26, 2022

To do this properly, both parties need all of the details of what was purchased and delivered. This again relates to points 1 and 2, but it’s so important because if the answer is “no,” then one of two things happened: The shipper received some sort of discount for buying multiple things at once.

Negotiating Skills 52

Negotiating Skills Freight Negotiate Pricing Purchasing Skills 52