Supply Chain Shaman

JULY 8, 2013

In the Supply Chain Metrics that Matter table, we can clearly see that “operating margin” and “inventory turns” matter to public financial performance. Note the trends in operating margins and inventory turns. Each faces four years of deterioration on this important supply chain metric.

Supply and Demand 215

Supply and Demand Demand Planning Software Modeling Supply Chain Planning Software 215

GlobalTranz

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. In today's post, we share 5 Golden Manufacturing Metrics that all manufacturing companies should understand to improve plant operations quality.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

6 River Systems

OCTOBER 14, 2022

Without it, your inventory stays on the shelf, and your customers look elsewhere to get what they need. Inventory management techniques. This guide will primarily look at fulfillment through the e-commerce lens and deal mostly with third-party logistics (3PL) fulfillment methodologies. How automation can help.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

GlobalTranz

OCTOBER 27, 2015

Today we continue our series on successfully working with a logistics company, often called a third party logistics company by focusing on how to properly understand the success of the engagement by knowing all the key performance indicators that a shipper could put in place. Are your IT systems state-of-the-art?

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Logistics Bureau

NOVEMBER 16, 2020

If engineering is your thing, you could join a third-party logistics company and focus on solutions design. Certified in Production and Inventory Management (CPIM) : The course covers ground such as knowledge of production and inventory management, internal operations, and customer relations. Finance managers.

Supply Chain Planning Software 96

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

GlobalTranz

MAY 6, 2015

Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. One reason may be that they haven’t made the paradigm shift as to how to implement lean. These metrics should be reviewed frequently to ensure supply chain success.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

Supply Chain Game Changer

NOVEMBER 11, 2018

That is how I got into logistics management and gained deep warehousing and transportation experience. I moved into the third-party logistics industry just as that was taking off and gained a ton of experience in logistics costing, WMS installation, selling services and technology skills. Plus, metrics protect you.

SCM 43

SCM Supply Chain Planning Software Buyer Training Supply Chain Software 43

GlobalTranz

AUGUST 9, 2016

Lean is a new way of doing business. For shippers, culture and behavior have to change to apply Lean Transportation thinking. Lean thinking focuses on the elimination of all waste (where waste is defined as any non-value added process) and bringing value to the customer , beyond the customer’s expectations.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120

Logistics Bureau

DECEMBER 20, 2016

It’s not that complicated, but there are three component areas that require a laser focus; inventory, policies, and planning. Let’s be clear about one thing; your company’s customers don’t care one little bit about your internal costs associated with inventory. Transportation Costs.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

The Lean Supply Chain

MARCH 22, 2015

Cost Reduction Options: Top Managementknows that lean can add value, but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. One reason may be that they haven’t made the paradigm shift as to how to implement lean. o Lead time—excessive wait times.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Lean Waste Reduction Supply Chain Planning Software 40

Logistics Bureau

NOVEMBER 27, 2016

Suppliers are measured using factual performance indicators covering pricing, quality, innovation, and reliability , to name but a few of the measurement components included in the “McDonalds Supplier Performance Index,” as the suite of metrics is known. Zara’s Supply Chain: Lean, Fast, and Agile.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

The Lean Supply Chain

JULY 7, 2015

RTLS also enables management to monitor yard operations’ key performance indicators (KPIs) based on quantifiable productivity metrics measured by the actions of the yard trucks. Logistics Providers, like Third Party Logistics (3PL) companies, use YMS, after a truck leaves the Warehouse. WHAT YOU GET.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Modeling Software Demand Planning Software 40

SYSPRO Smarter ERP

MARCH 14, 2022

It’s important to set measurable metrics to determine the success of these campaigns. Transportation: This is another enormous cost, and many manufacturers have tried to reduce it by utilizing third-party logistics companies. After all, if they’re not making money, why run them? Production. Promotions.

Manufacturing Procurement 105

Manufacturing Procurement Cost Reduction Strategies Material Savings Beverage 105

GlobalTranz

JUNE 2, 2016

If you don’t measure this partnership, you will never know how both parties are doing as to meeting the agreed upon metrics, including cost reduction efforts and continuous improvement. This living document should be reviewed monthly, at first, then perhaps quarterly. What are your thoughts?

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120

ShipBob

AUGUST 30, 2021

Supply chain analytics refers to the collection of data and information that provide insights into logistics performance, from inventory management to fulfilling and shipping orders. . This way, you can understand how much inventory on hand you need at a given period of time, whether it’s month-by-month or by season. .

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

ShipBob

NOVEMBER 2, 2021

To keep a business afloat, an online brand needs to track inventory , manage the fulfillment and shipping process, and oversee products getting to their end destination. Managing inventory. For example, an Ecommerce Operations Manager might collaborate with the Warehouse Manager to perform regular ecommerce inventory audits.

Supply Chain Planning Software 96

Supply Chain Planning Software Optimization Software Analytics Software Logistics Network Optimization Software 96

GlobalTranz

DECEMBER 28, 2015

The year on year increase in customer dissatisfaction of logistics outsourcing has pushed many players into a defensive corner. Outsourcing in the supply chain of logistics teams may sound farfetched. Yet in outsourced logistics simply refers to hiring a third-party logistics service, 3PL, to handle the logistics services.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Logistics Third Party Logistics 3PL 120

synchrono

JUNE 19, 2017

When it comes to ordering materials and components, managing inventory levels, or organizing the delivery of finished goods to customers, companies are forced continually to chase business partners – mostly suppliers, logistics companies, and retailers – via a messy stream of emails, phone calls, and even faxes.

Real-time Visibility 83

Real-time Visibility Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 83

6 River Systems

DECEMBER 11, 2018

NetSuite has launched a supply chain snapshot feature that’s a central part of any control tower that shows all of your inventory and related transactions with the ability to filter by subsidiary, location, etc. Logistics strategies for streamlined fulfillment.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

6 River Systems

JULY 25, 2019

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96