ShipBob

FEBRUARY 3, 2023

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. But how do you know if all that hard work is paying off? Why are retail metrics important? What is a retail KPI?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Unleashed

JANUARY 16, 2024

Landed cost is a crucial metric for understanding profitability at the product level. Without it, you’ll struggle to achieve an accurate measure of how well your business is doing. This guide breaks down how landed cost is calculated, why it matters, and strategic ways to lower your landed costs and increase profitability.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

Intelligent Audit

MARCH 21, 2022

Unify Your Freight Contract Data With a Single Source of Truth. This is accomplished by ensuring everyone has access to a single source of truth and reliable data-backed strategies. Tying everything together with freight data and statistics can improve day-to-day operations, speed up logistics, and make communications easier.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Optimization Network Optimization 52

Unleashed

JANUARY 16, 2023

When your business is receiving more orders than it’s possible to fulfil in-house, third-party logistics (3PL) can mean the difference between disappointing customers and capitalising on that success. In this guide to third-party logistics: What is 3PL? 3PL providers are experts when it comes to shipping and logistics.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. These functions include procurement, production planning, inventory management, logistics, and customer service. Logistics Logistics involves managing the transportation and delivery of goods.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

SCMDOJO

JULY 3, 2023

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. Take into account things like your current skill level, desired improvement areas, and professional objectives. Procurement and Purchasing Cycle Lesson 7.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Talking Logistics

APRIL 29, 2015

Omni-channel is transforming retail transportation’s supply chain and logistics processes. Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes.

Sourcing Strategies 100

Sourcing Strategies Sourcing Transportation Cost Reduction Strategies 100

Unleashed

AUGUST 20, 2023

Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. Lead time is a vital business metric that directly impacts customer satisfaction, workflow efficiency, and delivery time accuracy.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Intelligent Audit

MAY 2, 2022

Actionable analytics and insights are meaningful findings resulting from data collection, interpretation, and logistics intelligence. They clarify what actions shippers need to take or how they should think about an issue. Aggregate Data to Create a Single Source of Truth for Shipping Insight.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Analytics Software Predictive Analytics 52

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

GlobalTranz

MARCH 23, 2016

How to Breakthrough Lean Culture Plateaus. Leader standard work in order to create accountability within the team structure; Problem-solving thinking; how to align your organization so that the right problems are solved at the right level. Practices and learns how to apply Lean tools. Ask yourself, "Has the Lean team plateaued?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health’s senior vice president of global logistics, said of their implementation of the Kinaxis’ supply chain planning (SCP) solution, “I was scared! Global logistics leaders wanted to improve service levels, lower costs, and fortify Cardinal Health’s supply chain planning process. I put my name on the line.”

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

Talking Logistics

NOVEMBER 21, 2016

For a long time, C-level executives viewed supply chain management, especially the logistics function, as a cost center. Therefore, how do you differentiate and make a larger impact on the organization? Source: “Tech in Asia” – https://www.techinasia.com. Who needs to be involved in the process?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Cost Reduction Strategies Inventory Reduction Logistics 100

ToolsGroup

APRIL 1, 2022

Learn more on how to overcome today’s supply chain challenges by securing the free guide, 8 Winning Strategies to Combat Supply Shortages. How the Supply Chain Crisis is Impacting Businesses and Consumers. Material Handling & Logistics ). Material Handling & Logistics ). Source: Consultancy.UK.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Viewpoints

JUNE 26, 2023

But how to do this was very ambiguous. Mr. Beery began by visiting Procter & Gamble, UPS Logistics, the devices division at Microsoft, and other companies with advanced supply chains. Initially, Mr. Beery found the technology intriguing, but he was not sure how to leverage their solution.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Supply Chain Opz

FEBRUARY 17, 2015

To compete as an integrated supply chain, companies must better understand how to manage their relationships with their supply chain partners, whether they are suppliers or third-party logistics providers (3PLs). A strategic relationship has to include trust, commitment, shared cooperative norms, and compatibility.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning Global 100

Talking Logistics

SEPTEMBER 18, 2014

Thanks to changes in technology and digital storage capabilities, companies are now able to collect and amass a huge amount of data from many disparate sources. The question is how to develop and deploy the right data analysis tools and techniques to mine intelligence from that data.

Supply Chain Design Software 196

Supply Chain Design Software Big Data Supply Chain Visibility Optimal Sourcing 196

Intelligent Audit

OCTOBER 27, 2022

Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. Examples of Big Data in Logistics Uses.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Supply Chain Shaman

SEPTEMBER 22, 2022

Supply chain leaders managed through disruption after disruption including increased weather impacts, energy outages, labor shortages, geopolitical shifts, and supply/logistics constraints. Instead, I find most are visibility projects without clarity on how to tie improved visibility to enterprise processes. These concepts are new.

Supply Chain Planning Software 405

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 405

Supply Chain Shaman

MARCH 21, 2022

” Corporations serve international markets, and the source of rare minerals (so critical for the evolution of the green supply chain) is primarily Asia. Others argue the demise of global sourcing; might I add caution? My response is “Hogwash.” By definition, this requires a global supply chain. A Need to Rethink Work.

Modeling 276

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 276

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. The idea was so novel and counter to my project direction that I did not know how to react. Frank had little patience for Ed. The So What?

Agile and Lean Supply Chain 287

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

Intelligent Audit

FEBRUARY 18, 2021

Data collected through automated data collection and logistics cost monitoring adds value. Since logistics costs vary, it is possible to reduce costs by embracing automation and data analytics. Track the Right Metrics Based on Unique Operations. Focused efforts will reduce logistics costs.

Cost Reduction Strategies 52

Cost Reduction Strategies Analytics Software Logistics Network Optimization Software Resource Reduction 52

ShipBob

NOVEMBER 22, 2021

In this post, we’ll help you identify the key metrics you need to track in ecommerce analytics and the best tools that will help you gain a competitive edge. This includes everything from marketing and sales to website engagement to fulfillment and logistics. Top ecommerce metrics to analyze. Traffic source/medium.

Procurement Analytics 98

Procurement Analytics Analytics Software Analytics Optimal Sourcing 98

Zipline Logistics

FEBRUARY 9, 2021

Logistics data has taken a front seat at forward-thinking CPG brands due to its ability to drive impactful and profitability-focused decisions in all facets of the supply chain. Its place in logistics decision making has become critical and can help your organization find the right route, carrier, and receiving location for retail orders.

Optimal Sourcing 52

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

ShipBob

OCTOBER 1, 2021

Whether you’re just starting to build out your logistics or your business has been established for years, there are always places to simplify and streamline operations within your ecommerce supply chain. Here are just some of the benefits of a lean supply chain that have prompted ecommerce merchants to optimize their logistics systems.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

The Logistics & Supply Chain Management Society

MAY 28, 2022

Port congestion, capacity constraints, large increases in rates across all modes, labour shortages and long delays in shipments—these are just some of the operating realities supply chain and logistics professionals face today. How are supply chains planning for further disruption and uncertainty? It requires a robust framework.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

The Logistics & Supply Chain Management Society

MAY 18, 2021

In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported having a clear overall plan for digital transformation. This creates a unified fulfillment strategy, a unified logistics execution, and a collaborative response to any deviations from plan. The same should also be deployed downstream.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

Unleashed

JANUARY 10, 2023

That’s why you need to ensure you’ve got systems in place to collect key data relating to purchasing, logistics, inventory, and sales. Either way, the first thing you should do is establish metrics and KPIs. And why you must communicate with your suppliers to keep your timing and pricing expectations accurate.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Intelligent Audit

MARCH 23, 2021

More than one source of data and analytics is needed to get the most precise possible picture of supply chain spending and operational costs. Close monitoring of key performance indicators (KPIs) can provide valuable insight into performance within the important transportation data metrics. Use KPIs to Track Performance Over Time.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Cost Reduction Strategies 52

Unleashed

AUGUST 26, 2019

Understanding how to use business intelligence tools correctly is essential to ensuring a consistent level of sustainable growth and ongoing business success. Data is sourced in real-time from multiple areas providing a simplified visualisation of otherwise complex raw data, with readers having an at-a-glance overview of current KPIs.

Supply Chain Design Software 58

Supply Chain Design Software Analytics Software Inventory Management Software Supply Chain Software 58

Supply Chain Shaman

OCTOBER 25, 2021

Manage Make, Source, and Deliver Together. Change internal metrics to a balanced scorecard and force the functions to work better together. While new analytics possibilities exist, business leaders’ understanding of how to use them is limited. Build capabilities to manage planning master data. What to do? Focus Outside-In.

Analytics Software 195

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

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. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

Reverse Logistics 98

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

Precoro

JULY 16, 2023

At the heart of the whole process is the purchasing manager – a supply chain and logistics professional who works to secure the required materials, goods, and services necessary for running the business. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Supply Chain Shaman

OCTOBER 25, 2021

Manage Make, Source, and Deliver Together. Change internal metrics to a balanced scorecard and force the functions to work better together. While new analytics possibilities exist, business leaders’ understanding of how to use them is limited. Build capabilities to manage planning master data. What to do? Focus Outside-In.

Analytics Software 195

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

Unleashed

APRIL 21, 2024

While order processing ensures the accuracy and efficiency of the sale transaction, order fulfilment focuses on the logistics needed to physically deliver the product to the customer, on time and without errors. The customer’s information and payment are verified for accuracy.

Inventory Management Software 52

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

Elementum

FEBRUARY 7, 2024

Logistics Management: Streamlining Operations with AI In logistics, AI-driven process automation optimizes routing, fleet management, and delivery schedules, significantly reducing operational costs and improving efficiency. Common performance metrics include process completion rate and the number of automated tasks.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

QAD

AUGUST 29, 2023

In this blog, we will discuss why it is important to collaborate with partners within your supply chain solution, what organizations need to focus on data collaboration, and how to achieve collaborative forecasting. How Can One Achieve Collaboration Forecasting? Collaboration is key to successful digital supply chain forecasting.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Forecasting Software Forecasting 95