SCMDOJO

APRIL 29, 2024

Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.

Supply Chain Planning Software 85

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 85

GlobalTranz

OCTOBER 10, 2017

Using technology to improve last mile metrics is essential to driving last mile costs down, but how do shippers know if the technology is helping or hurting? Essentially, shippers need to track these 11 metrics. On-Time Deliveries Are King of Last Mile Metrics. On-Time Deliveries Are King of Last Mile Metrics.

Metrics 153

Metrics Cost Reduction Strategies Logistics Network Optimization Software Waste Reduction 153

Unleashed

APRIL 21, 2024

Throughout the order processing process, order tracking and updates are given to the customer to provide transparency and enhance customer satisfaction. After delivery, customer service plays a vital role in addressing any returns, exchanges, or feedback, which can also provide valuable insights for improving future order processing.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

Supply Chain Shaman

JULY 22, 2019

Smaller, more agile companies outperform the larger and well-known brands in the retail, beverages, food, and pharmaceutical industry sectors. The source data for the analysis comes from Ycharts.). It is not as simple as trading-off inventory, cost, and customer service. Click the link to see the detail.)

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 256

Logility

JANUARY 14, 2021

automating the digital transformation of supply chain optimization and advanced retail planning, is honored to be a winner of IDC’s 2020 SaaS CSAT Award for Supply Chain Management for Customer Satisfaction. It is truly an honor to be named by IDC as a leader in supply chain customer satisfaction.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimization Software Analytics Software Demand Planning Software 130

ToolsGroup

SEPTEMBER 25, 2019

Additionally, 54% are seeking improved service levels in the coming year, and only 14% have a machine learning project underway, meaning for many AI-augmented planning is still more hype than adoption. Because digital transformation can involve selecting and implementing several different solutions, the early stages are often protracted.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

Logility

FEBRUARY 23, 2022

Logility was recognized for helping retail customers by delivering innovative technology and offering exceptional support as they faced unparalleled challenges in the past two years. Also, during the quarter, Logility announced its recognition in Retail Today’s Retail CIO Radar 2022. Company and Technology. Logility, Inc.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Demand Planning Software 130

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. In this article, I want to emphasize that a customer-centric supply chain meets and exceeds the customer’s needs day-by-day based on a well-defined relationship against a brand promise.

Customer Service 307

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 307

ToolsGroup

SEPTEMBER 22, 2020

retail stores. Traditional planning systems weren’t designed to handle today’s demand volatility, service expectations and hyper-fast pace of new trends proliferated online. Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence.

Supply and Demand 156

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

Requis

OCTOBER 30, 2020

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Supply Chain Shaman

SEPTEMBER 17, 2014

Aligned Metrics. To ensure the management of the complex system, the metrics of operating margin, inventory turns, ROIC, customer service, revenue, and forecast accuracy need to be managed together as a non-linear system. What percentage of retail out-of-stocks could be prevented by the manufacturer in these industries?

Optimal Sourcing 306

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 306

Supply Chain Action Blog

AUGUST 26, 2018

There is no industry where this Cycle is more challenging today than in retail, but the principles apply across most industries. This is especially relevant for retailers. Redesigned, retail supply chains, enabled with analytics and augmented reality, are not only meeting, but raising consumer expectations.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 40

Zipline Logistics

MAY 25, 2021

While those in other sectors sputtered, brands and retailers alike spent much of the year trying to keep up with skyrocketing demand. The study analyzed supply chain performance at manufacturers, wholesalers, and retailers throughout 2020. The ramifications for missing retailer delivery standards can be even more costly.

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

SCMDOJO

AUGUST 4, 2023

Try thinking of it this way, if you plan to make big profits, you would need to invest and diversify your portfolio into several sources to improve your chance of success. trillion loss was recorded by retailers due to inventory mismanagement. Your customer satisfaction plays a crucial role in your business, especially SMEs.

Inventory Reduction 92

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 92

ThroughPut

DECEMBER 8, 2023

Furthermore, the prescriptive capabilities offered by analytics enable organizations to navigate customer service concerns, labor unrest, and traffic patterns while saving precious time. These analytics techniques serve as essential tools to transform descriptive metrics into actionable insights and informed decisions.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

American Global Logistics

SEPTEMBER 12, 2023

Overview of Supply Chain Management Supply chain management encompasses the planning, sourcing, manufacturing, and delivery of products or services. Collaborative planning, forecasting, and replenishment (CPFR) enable real-time collaboration between suppliers and retailers, enhancing inventory management and reducing stock-outs.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

Supply Chain Shaman

JUNE 6, 2013

With the shift of power to the retailer, both have had to add headcount to manage the increased demands for sales to staff account-specific teams to better manage against retailer expectations. Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. Metrics Alignment.

Supply Chain Planning Software 282

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 282

Unleashed

DECEMBER 10, 2023

OMS vs ERP: Shared features and functions OMS and ERP systems have similar features and functions, including: Data collection and analysis – OMS and ERP systems collect and store data from various sources, including sales, purchases, inventory, and customer information.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 52

Unleashed

FEBRUARY 4, 2024

For retailers, inventory is more than just a list of products: It’s also the mainstay of your retail operations, the source of your revenue, and the foundation of customer satisfaction. Retail inventory management is therefore the key to managing inventory costs and movements effectively.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 52

SCMDOJO

JUNE 14, 2023

Improved customer service: 3PL integration allows businesses to track goods and ensure timely delivery to customers, which results in better customer service. Customers can trust their orders will arrive on time, reducing their worries about misdirected or delayed orders.

3PL 80

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 80

Supply Chain Opz

JANUARY 29, 2020

In short, Nielsen provides the point of sales data from various retail outlets and gross sales quantity will be summarized. Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. Anyway, the access to this database costs an arm and a leg.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 100

Unleashed

OCTOBER 30, 2023

When it comes to customer service, how you manage your WooCommerce order fulfilment plays a vital role in meeting customer expectations. Procurement and purchasing Before goods can be sold and delivered to customers, they must be produced, acquired, and prepared for sale. However, it comes with a few downsides.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Unleashed

AUGUST 16, 2023

A product that’s out of stock (and not available on backorder) cannot be purchased by customers until it’s back in stock. Backordering comes into play when a customer wants to buy a product that is currently unavailable and the wholesaler or retailer allows them to place an order for the item.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

ToolsGroup

MAY 3, 2016

If you (or your boss) are measured by your company's Return on Invested Capital (ROIC) or a similar metric, then you want to turn assets into cash. It hedges for the daily demand and supply volatility and random behavior across your supply chain, from finished goods assembly to the end consumer or retail shelf.

Optimal Sourcing 120

Optimal Sourcing Modeling Inventory Reduction Optimization Software 120

Supply Chain Game Changer

NOVEMBER 10, 2018

With pricing under pressure from recession-scarred consumers, the temptation for retailers is to transfer the pain upstream to their suppliers by passing on price reductions and forcing them to bear an increasing share of costs. Supplier collaboration has always been a function of maintaining a delicate balance between demand and supply.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 66

Enterra Insights

SEPTEMBER 28, 2020

He explains, “Big data essentially has three sources: social data, machine data and transactional data. Unfortunately, these sources are limited in providing any meaningful insight into the $760-billion consumer packaged goods market. Social data is comprised of a consumer’s online behavior.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Enterra Insights

MARCH 27, 2019

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. A journey down memory lane is always interesting; but, retailers want to know what’s next. Ecommerce v Retail: The Dichotomy Ends. ”[2]. The evolution of e-commerce. ” The future of e-commerce.

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 100

Enterra Insights

JULY 28, 2020

The outcome can be better, personalized customer service with lower inventories and a better utilization of factory hours.” Talk to others in the organization — from logistics and distribution experts to sourcing and procurement staff — to find the biggest needs across your supply network.” ” Start small.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Inventory Reduction 100

ThroughPut

DECEMBER 6, 2023

When companies leverage data from various sources such as sales history, market trends, and external factors, predictive analytics paired with supply chain intelligence provide valuable insights that enable better decision-making and proactive planning – like never before.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Logistics Viewpoints

JANUARY 23, 2024

Last week I attended the annual National Retail Federation (NRF) Big Show in New York City. The usual themes were still very present as solution providers and retailers alike were more than happy to talk about omni-channel, mobility, robotics, and machine learning, to name a few.

Supply Chain Planning Software 213

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 213

Supply Chain Shaman

OCTOBER 6, 2013

It senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time latency to align sell, deliver, make and sourcing functions. When this happens, there is greater balance between metric trade-offs and resiliency in year-over-year improvements in corporate performance.

Supply Chain Network Software 225

Supply Chain Network Software Course Supply and Demand Supply Chain Design Software 225

Logistics Viewpoints

MARCH 9, 2023

Retailers, especially in the developed world, demand collaborative practices, continue to increase the quality of their private label offerings, and are becoming significant competitors. Here we have compiled a list of the top six challenges that CPG companies face in the post-pandemic market.

Supply Chain Planning Software 203

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 203

Tompkins Blog

APRIL 15, 2014

We found that the better the level of alignment, the more likely it is that companies are achieving their objectives for cost reduction, customer service, and other metrics,” explains Bruce Tompkins, executive director of the Consortium and author of the report. About Tompkins Supply Chain Consortium.

Inventory Reduction 46

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 46

ShipBob

AUGUST 5, 2020

Your Shopify store will become the foundation that your branding and marketing strategy will be built upon and how you sell products to customers, so it’s important to think through your entire business strategy first before designing and developing your site. . Source your products. You can set up Google Analytics under ‘Settings.’ .

Purchasing Skills 99

Purchasing Skills Manufacturing Procurement Sourcing Strategies Optimal Sourcing 99

Talking Logistics

APRIL 12, 2017

Eliminating paper from their delivery operations was a common objective for these companies, along with improving productivity, customer service, and data quality. getting buy-in from drivers and other stakeholders) and implementing appropriate metrics to measure and drive performance.).

Supply Chain Planning Software 114

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software 114

Supply Chain Action Blog

AUGUST 26, 2018

There is no industry where mastering this Cycle is more challenging than in retail, but the principles apply across most industries. This is especially relevant for retailers, and it presents both a challenge and an opportunity for competing in the digital economy with a digital value network. Data Is the Double-edged Sword.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 40

Supply Chain Game Changer

NOVEMBER 19, 2018

The inventory that’s on the shelves and logged into the system is the inventory your 3PL warehouse can pick, pack and ship to your customers. Amazon FBA sometimes falls short in this crucial metric. It can take time and frustrating back and forth with customer service before your correct inventory numbers show up in the system.

Florida 43

Florida Sourcing Strategies Inventory Reduction Material Savings 43