SCMDOJO

OCTOBER 7, 2024

The holistic approach requires that accentuates the role of Cost Efficiency vs Cost Effectiveness in every aspect of the supply chain, from planning, sourcing, and operations, to logistics and distribution. Cost and profitability are the vital component of any successful business. Which route is Cost-effective?

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Cost Reduction Strategies Optimal Sourcing 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The overarching rule that all actions taken are meant to meet the needs of the present society without compromising future generations’ ability to meet their own needs, is a key driver. We want to support and enrich these local communities through what we do best: logistics and transportation services. Acting for Planet.

Supply Chain Planning Software 242

Supply Chain Planning Software Resource Reduction Global Supply Chain Software 242

Logility

DECEMBER 2, 2020

Just to level set, the Brundtland Commission defined sustainable development as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” Source: Nielsen Product Insider, 10/20/2018. I care about the environment and doing what I can to minimize my impact.

Supply Chain Planning Software 133

Supply Chain Planning Software Sourcing Strategies Supply Chain Planning Scenario Planning 133

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

SCMDOJO

OCTOBER 30, 2024

Through interactive tutorials and practical exercises, learners can become adept at using software for inventory management, transportation planning, and demand forecasting. MTSS platforms cultivate problem-solving abilities by presenting learners with problem-based learning (PBL) scenarios that simulate real-world supply chain issues.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 52

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 325

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 325

Turvo

NOVEMBER 30, 2021

This partnership brings together Turvo’s collaborative transportation management systems with OpenTrack’s container tracking and data analysis functionalities, creating a holistic tool for importers and logistics service providers alike. Consumers expect on-time delivery, efficient transport and tracking, and more.

Container Tracking 78

Container Tracking Real-time Visibility Supply Chain Design Software Logistics Network Optimization Software 78

Supply Chain Shaman

NOVEMBER 9, 2014

Let me give you an example: Last week, I gave a presentation at a global supply chain team meeting of 175 professionals. The team was organized around the functional silos of source, make and deliver. As I cleared my throat, and pushed my toes deep into my shoes, I bounded up the stairs to start the presentation.

Manufacturing Procurement 287

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 287

Supply Chain Cowboy

MARCH 1, 2015

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Communication.

Vendor Strategies 40

Vendor Strategies Metrics Price Reduction Expense Reduction 40

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Aligning metrics matters. Functional metrics in isolation degrade value.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 256

Elementum

SEPTEMBER 6, 2022

Five Supply Chain Management Challenges in 2022 The last two years have caused endless disruptions to supply chains, but have also presented an opportunity to diversify and think creatively. Fortunately, there are a vast range of tools available to build a supply chain that can withstand a broad scope of pressures.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 78

Jaggaer

OCTOBER 24, 2024

Moreover, driving suppliers to the brink of financial instability can lead to supply disruptions, ultimately increasing costs as buyers scramble to find alternative sources. This strategy, however, can also present downsides. By contrast, collaborative procurement strategies focus on creating mutually beneficial partnerships.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Material Savings Negotiate Pricing 52

ThroughPut

JANUARY 19, 2024

Logistics presents a formidable challenge in the ready mix concrete (RMC) industry. The transportation of ready mix concrete has to take place in specialized mixer trucks. Secondly, coordinating customer needs, plant capacity, and transport resources was also vital. For obvious reasons!

Case Study 52

Case Study Waste Reduction Resource Reduction Material Savings 52

Supply Chain Shaman

JUNE 26, 2017

Amazon’s because of their breath in physical and digital supply chain, innovation in material handling, transportation, etc and their vision completely disrupting the industry. Traditionally, the focus has been on building efficient organizational silos for make, source or deliver. Overview of the Methodology. A Closer Look at P&G.

Sourcing Strategies 153

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Strategy 153

Supply Chain Shaman

OCTOBER 8, 2019

The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 190

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 190

Supply Chain Shaman

SEPTEMBER 17, 2014

There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. Aligned Metrics. I then finished a forty-minute presentation, and prepared for questions. How do you balance the trade-offs between source, make and deliver? ” Yes, I said.

Optimal Sourcing 308

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 308

3PL Insights

MAY 3, 2021

Evans365 accesses and analyzes data sets from Evans’ warehouse management system and other data sources and presents findings graphically. We will continue to improve evans365 by integrating additional data sources and providing even more valuable metrics,” Evans says. This is only the beginning.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Tools Distribution 52

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. Procurement presents an array of promising opportunities within numerous organizations, making it an exhilarating field. Category strategies development.

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

Logistics Bureau

FEBRUARY 6, 2023

Without these critical metrics, you’re flying blind. 3: Using Overcomplicated KPIs In our work with clients, we often come across KPIs that combine data from several sources and employ complex calculations. You should have a manageable number of metrics to track if you’re genuinely monitoring only key performance indicators.

KPI 86

KPI Supply Chain Strategy Supply Chain Software Supply Chain Design Software 86

USC Consulting Group

APRIL 9, 2021

By collecting, sorting, and analyzing large amounts of data from various sources all at once, data mining helps companies discover valuable patterns and trends in their business operations. One area of supply chain management that heavily impacts business operations is product transportation. What is Data Mining?

Supply Chain Planning Software 52

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

Taulia

OCTOBER 20, 2021

This encompasses sourcing raw materials from suppliers, the movement of materials through the relevant manufacturing operations, and the distribution of finished goods to consumers. While every company will have different priorities, a number of metrics can be used to measure supply chain efficiency. What is supply chain efficiency?

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

Supply Chain Shaman

APRIL 14, 2013

I have heard presentation after presentation on supply chain excellence, and I have heard industry leaders wax eloquently on how their supply chain objectives have improved value. However, we have found that only a few companies are improving the potential of their supply chain to balance supply chain metrics.

Gartner 268

Gartner S&OP Pharmaceutical Supply Chain Planning Software 268

Talking Logistics

AUGUST 20, 2018

The research, produced by Adelante SCM and presented by BluJay Solutions (a Talking Logistics sponsor), was conducted to explore the links between supply chain management innovation, customer experience, technology adoption, and company performance. and 51.5%, respectively). and 37.2%, respectively). “To Absolutely.

Innovation 100

Innovation Company Cost Reduction Strategies Logistics Network Optimization Software 100

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. Other innovations in optimizing supply chain efficiency include using renewable energy sources, route optimization, and electric vehicles to develop environmentally sustainable supply chains.

Sourcing Strategies 52

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

Supply Chain Matters

APRIL 20, 2022

There are mixed views in business and supply chain management settings as to whether customers would be willing to both maintain brand loyalty or pay extra for products that are deemed to be sourced and produced from sustainable sources and social responsibility driven labor practices. Bob Ferrari. .

Survey 111

Survey Sustainability Cost Reduction Strategies Sourcing Strategies 111

Talking Logistics

APRIL 12, 2017

getting buy-in from drivers and other stakeholders) and implementing appropriate metrics to measure and drive performance.). Ports, Airports and Global Infrastructure Group, also presented at the Executive Forum. Dr. Walter Kemmsies, Managing Director, Economist, and Chief Strategist for JLL’s U.S.

Supply Chain Planning Software 116

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software 116

Supply Chain Game Changer

MAY 18, 2021

It cannot be understated how important these topics are to our present and to our future. All of this means that businesses and governments have to take the necessary steps to address and correct the present reality. Active risk management and mitigation, inclusive of nature related impacts, is essential.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Design Supply Chain Strategy Supply Chain Software 64

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. Source: Statista.com. Decarbonization, which means reducing the amount of carbon in greenhouse gas emissions, can help in improving our present condition. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Supply Chain Collaborator

OCTOBER 17, 2017

A pair of long-running academic studies presented in late September to the Council of Supply Chain Management Professionals (CSCMP), corroborates what leading TMS providers have been telling shippers for years. Again, the 3PL dinosaur technologies and tools largely miss the mark. They’re designed mostly to automate tendering processes.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Software Modeling Software Logistics Network Optimization Software 60

Talking Logistics

MAY 22, 2018

So stated Ken Hughes , a leading consumer and shopper behaviouralist, in his keynote presentation at Trasnsplace’s 16th Annual Shipper Symposium a couple of weeks ago. It’s the reason why On Time In Full (OTIF) is a critical supply chain metric today. “Consumers are the disruptive force today, not technology.”.

Supply Chain Planning Software 125

Supply Chain Planning Software Logistics Network Optimization Software Estonia Predictive Analytics Software 125

RFgen

MARCH 10, 2023

Be sure to measure current order picking metrics, such as: Picking accuracy Picking rate Fill rate On-time rate Travel time You may also need to evaluate other relevant inventory KPIs. For example: Inventory accuracy / error rate Order turnaround / cycle time Cost per order And any other metrics valuable to your operation.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Inventory Reduction Cost Reduction Strategies 52

Talking Logistics

DECEMBER 4, 2017

And that was the main point of the keynote presentation: to illustrate to all the stakeholders in the HBM ecosystem (producers, suppliers, contractors, and haulers) the possibilities and opportunities that exist to elevate the way they communicate, collaborate, and orchestrate (plan and execute) their processes.

Material Savings 0

Material Savings Conference Supply Chain Planning Software Supply Chain Software 0

Unleashed

MARCH 28, 2021

This will enable you to shape optimal performance and select the best provider based on company requirements such as professional services, transportation, and shipping capabilities. Sourcing new suppliers, trialling products, and negotiating contracts can be costly and time-consuming. This is part of your sourcing roadmap.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Optimal Sourcing 111

Supply Chain Opz

JUNE 1, 2014

In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented. There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

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. But times are changing, the use of reduce inventory offers more quality and useful performance metrics. But when should you consider reducing inventory?

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 98

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. It can be compared to estimated time of delivery in transportation planning, or to customer booking data to compare on-time delivery, but the reference data varies by mode.

Supply Chain Planning Software 170

Supply Chain Planning Software Modeling Software Analytics Software Demand Planning Software 170

Elementum

MAY 1, 2018

Potential Sources of Disruption. Transport network disruption. Identifying sources of risk and developing a plan are only part of the story. Establish appropriate metrics that correspond with the steps outlined in your contingency plan. data backups) taken in the present can payoff immensely in the long run.

Pharmaceutical 94

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 94