EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. There are no restrictions; just register, answer the online questionnaire and documentation, share results, and improve! What areas does it cover?

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

ivalua

AUGUST 16, 2021

This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . In order that sourcing and procurement teams fully optimize their supplier network, there needs to be a change in the way organizations view all suppliers. Business Process Description.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software 130

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Procurement Procurement involves sourcing and acquiring the materials or products needed for production. Analyze performance metrics and implement improvements to enhance efficiency. Grab yours now!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

ivalua

NOVEMBER 25, 2020

To stay relevant, Gartner suggests documenting all the ways procurement projects align with business priorities during recovery and beyond. This list should include the business metrics that each procurement project impacts. In the report, Gartner provides a helpful example of what a value map could look like.

Optimal Sourcing 130

Optimal Sourcing Procurement Gartner Agile and Lean Supply Chain 130

Logility

JANUARY 4, 2022

The partnership enables Logility customers to layer in Planalytics’ predictive demand metrics to better understand impacts across their customer base and proactively capitalize on sales opportunities created by favorable weather while mitigating risks when demand is negatively impacted. ATLANTA – Jan. 4, 2022 – Logility, Inc.,

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Demand Planning Software Analytics Software 130

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. By automating compliance processes and documentation management, manufacturers can reduce manual errors and potential risks.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). The questions that are most often asked are: What metrics should I use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Logility

JANUARY 26, 2022

Customs and Border Protection Agency’s Withhold Release Order (WRO) on cotton products sourced from China and other countries in south-east Asia. Fashion brands can collaborate with suppliers continuously to manage and verify that predetermined environmental and social metrics are being met. Add to this the U.S.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 130

Logistics Viewpoints

NOVEMBER 14, 2022

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. But, if a company wants to work with a new supplier, and that supplier is in the network, metrics on that carrier also exist.

Agile and Lean Supply Chain 223

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 223

Logility

MARCH 16, 2021

The webcast will discuss the causes of supply variability, initiatives to address the challenge, metrics to measure success, and segmentation to align these efforts across a complex, global supply chain. s current Form 10-K and other reports and documents subsequently filed with the SEC. 626) 657-0013 or email kliu@amsoftware.com.

Supply Chain Planning Software 130

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

Arena Solutions

OCTOBER 12, 2023

External audits can be nerve-wracking with key personnel and teams running from pillar to post searching for records or documents, especially if you don’t have a quality management system (QMS) software solution in place. Christine said, “I have used internal audits as the baseline to improve our overall business metrics.

Quality 89

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 89

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Supply Chain Game Changer

NOVEMBER 20, 2018

Doing business with suppliers located overseas or in another country can be an overwhelming and daunting task even for expert Sourcing professionals. He had a marketing plan. But beyond that he had no idea on where to start to source his product. Check out What is Virtual Procurement and Why Should You Care?

Manufacturing Procurement 44

Manufacturing Procurement Optimal Sourcing Sourcing Supply Chain Planning Software 44

Unleashed

APRIL 21, 2024

How the order processing process works The order processing process begins when a customer order is placed and verified – in person, via email or telephone, or online – followed by inventory sourcing, then picking and packing, before the order is shipped. Order tracking and updates are provided to the customer.

Inventory Management Software 52

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

Logility

NOVEMBER 30, 2020

Materials and components are sourced from even more remote locations and finished products are being sold into expanding regions and channels. Start with documenting the “As-Is” process capabilities and corresponding key performance metrics. The amount of external data continues to grow at exponential rates.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy 179

OptiProERP

APRIL 9, 2024

Document processes and provide training to employees to ensure compliance and proficiency. Use dashboard reporting and analytics tools to track performance metrics in real-time and identify areas for improvement. Image source : McKinsey & Company Technology for Tracking Tracking the Q2C process requires robust functionality.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Logility

JANUARY 14, 2021

SaaSPath is a global survey of approximately 2,000 organizations across all geographic regions and company sizes, where customers are asked to rate their vendor on more than 30 different customer satisfaction metrics. s current Form 10-K and other reports and documents subsequently filed with the SEC.

Supply Chain Planning Software 130

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

Supply Chain Shaman

MARCH 5, 2019

While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. The focus is on functional metrics, but are unable to get to overall supply chain metrics. Pictures, images, text, email, sentiment, contracts, documents are all areas of opportunity.

Supply Chain Design Software 282

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 282

TrackVia

MARCH 25, 2024

Mobile solutions provide field service professionals with instant access to customer information, work orders, and technical documentation, enabling them to diagnose and resolve issues quickly. This not only saves time and reduces the need for manual data reconciliation but also improves the overall quality and reliability of business data.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Design Software Cost Reduction Strategies Waste Reduction 105

Supply Chain Matters

MARCH 12, 2024

The development, initially reported by The Wall Street Journal citing informed sources, involves the interviewing of passengers and crew members who were on-board the aircraft at the time of the incident. This report accounts for the notions of unconforming quality repair needs that are termed traveled work.

Quality 52

Quality Alaska Manufacturing Procurement Supply Chain Design Software 52

crisp

DECEMBER 15, 2021

Work backwards from the desired outcome to see what steps happen leading up to it, documenting the data points available to measure progress along the way. These ‘ driver metrics ’ can give you an early signal to act on before your outcome is impacted. Source : Where is the data stored, and who owns it?

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

ToolsGroup

SEPTEMBER 22, 2020

Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence. as part of a larger research document and should be evaluated in the context of the entire document. Other sources: 1 [link]. This graphic was published by Gartner, Inc.

Supply and Demand 156

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

Logility

OCTOBER 12, 2021

Develop metrics against which supply chain stakeholders can judge their performance. Clearly defined metrics or scorecards are thus a crucial component of any endeavor towards better performance. Clearly defined metrics or scorecards are thus a crucial component of any endeavor towards better performance.

Supply Chain Planning Software 130

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 130

QAD

FEBRUARY 7, 2023

This requires establishing KPIs and specific metrics of success to assess performance against. Run and Maintain the Strategy Both the performance of the supplier and the performance of the strategy around maintaining that supplier relationship must continuously be evaluated so any changes can be made in real time.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

Precoro

MAY 22, 2023

IT team members are aware of the requirements necessary for a technology to function properly, whereas procurement professionals are skilled at contract sourcing and negotiation. A company may also request additional documents to make sure that a service is reliable.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

QAD

JULY 7, 2022

The concept of ethical sourcing has risen in popularity during the past four years.” . Ignoring the legislation could lead to monetary penalties, bad PR, and a drop in consumer trust – not to mention the potential loss of source materials and the possibility of production interruptions. Consumer Buying Trends.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Procurement Analytics 98

Supply Chain Game Changer

OCTOBER 4, 2022

Effective supply chain management includes the planning and implementation of several tasks such as acquisition, sources, conversion, and delivery. Partner Expertise In Sourcing. When obtaining resources, services, or data from a third party, a project manager ensures that both internal and external sources are consistent and timely.

Manufacturing Procurement 81

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 81

Unleashed

NOVEMBER 2, 2023

It is the process of determining future demand for products, how those products will be manufactured to meet that demand, and the manufacturing metrics that will measure success. A production schedule is a document that tells manufacturers which goods need to be produced, when they need to be produced, and the production methods.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

GlobalTranz

APRIL 12, 2017

It needs to have a fail-safe to prevent vendors from selecting incorrect shipping methods and provide a source of cross-checking between shipment selection. A defined set of rules should serve as the “checkpoint” in this part of the document, ranging from marking and labeling to back-order processing.

Vendor Strategies 121

Vendor Strategies Cost Reduction Strategies Price Reduction Modeling Software 121

Talking Logistics

MARCH 2, 2016

As reported in USA Today : [In a sourcing practice nicknamed “China plus one”], big brands like Rip Curl send their specifications — what they want made and how much they’re willing to pay for it — to sourcing agents, who find factories that agree to fulfill them. no metrics, operate in functional silos).

North Korea 100

North Korea Supply Chain Visibility Logistics Network Optimization Software Supply Chain Software 100

Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

OptiProERP

FEBRUARY 8, 2024

Wire Arc Additive Manufacturing (Now DED-arc): Wire Arc Additive Manufacturing utilizes arc welding power sources and manipulators to construct 3D shapes through arc deposition. It typically employs wire as a material source, following a predetermined path to shape the desired form, often utilizing robotic welding equipment.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Design Software 52

New Horizon Supply Chain Blog

OCTOBER 21, 2022

In the past, the model was provided in an approximately 1000-page PDF document, detailing processes and metrics down to three levels of granularity. They are calling the new update the SCOR Digital Standard, or SCOR DS for short, because it is available in an interactive digital format.

Modeling Software 52

Modeling Software Modeling Sourcing Strategies Gartner 52

Exiger Perspectives

APRIL 3, 2023

The metrics of the Executive Order deem the need for a strong supply chain risk management framework in business ecosystems. Solution: The TRADES Framework Image Source: Exiger Organizations of all maturity levels can benefit from Exiger’s proprietary TPRM and SCRM framework , which optimizes risk management across the supply chain.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

GlobalTranz

MARCH 23, 2016

All activities are documented by a team recorder. It typically describes how a process should consistently be executed and documents current ‘best practices.’ These metrics would, of course, be aligned and are updated every hour. Specific metrics: process metrics and outcome metrics.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Supply Chain Shaman

JUNE 18, 2015

In supply chain strategy documents, terms like alignment, agility, responsiveness, and flexibility dot the page. Over the course of the last decade, companies have moved at different rates to align source, make and deliver processes to report to common leader. How can we move forward if we cannot align?

Sourcing Strategies 150

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Design 150