Unleashed

AUGUST 14, 2023

Manufacturing operations need to implement effective production management tools and processes to reduce the cost of producing goods. This article explains the importance of production management, the key processes, and tools you can implement to minimise the cost of inputs while maximising productivity and quality.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Predictive Analytics Software Modeling Software 52

QAD

MARCH 28, 2019

Inventory accuracy and minimizing stockouts are very important to customer satisfaction, but a few other metrics also impact the ability to meet customer expectations. Companies can use these metrics to help ensure they are doing everything possible to satisfy their customers at a manageable and sustainable cost. Forecast Accuracy.

Customer Service 80

Customer Service Metrics Forecasting Forecasting Software 80

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. IT systems and tools truly enhance the Supply Chain, but without PEOPLE communicating and collaborating, there is no Supply Chain Management success. Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Kinaxis

JUNE 22, 2015

This post will discuss some of the metrics and analysis tools that an inventory manager needs to identify risk and opportunities and to make intelligent decisions to optimize the performance of their inventory. The metrics you choose should answer the questions your organization is asking, without requiring additional analysis.

Metrics 100

Metrics Inventory Reduction Inventory Inventory Management Software 100

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

With its ability to derive insights from vast amounts of data and derive insights, generative AI has emerged as a valuable tool to optimize supply chain operations. AI-based tools already help automate routine tasks and assist decision-making processes across various sectors.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

QAD

JUNE 9, 2022

In the first part of this three-part series, I discuss quality management tools for identifying a problem, the root cause and its impact. Next I’ll dive into the quality management tool selection process. The QA Manager’s Tool Bag. Here’s a look at a few of the best tools. Confusing Cause and Effect.

Analytics Software 90

Analytics Software Demand Planning Software Quality Tools 90

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

Precoro

JULY 16, 2023

These goals can be expressed as key performance indicators (KPIs) – relevant functional metrics that can be tracked regularly to make sure that the business makes purchases in an efficient way. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

SYSPRO Smarter ERP

MARCH 28, 2024

The volume and quality of data is important. It’s also about using the right tools, platforms, and skills to unlock maximum value. But even with the right skills, without the tools they will not be able to unlock value. If production metrics are important, you may want to get data on: Machine and labor availability.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Optimization Software 52

SYSPRO Smarter ERP

APRIL 17, 2023

BI is a powerful tool that can help companies drive informed decisions, improve their planning processes, and maintain a competitive edge in the marketplace. This can lead to improved quality, reduced waste, and optimized production processes. This enables managers to take swift action and keep production on track.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Analytics Software Predictive Analytics Software 98

Elementum

JANUARY 16, 2024

Various technologies and tools are available to support the automation of different processes, enabling firms to achieve better speed and quality in their operations. BPA uses various tools like artificial intelligence and other automation tools to perform tasks with minimal human involvement.

Supply Chain Software 78

Supply Chain Software Logistics Network Optimization Software Resource Reduction Optimization Software 78

synchrono

AUGUST 22, 2016

1 As such, more marketers have embraced inbound, or pull-based strategies that drive quality engagement (visits, downloads, clicks, views, likes/follows, etc.) Combat data overload by knowing what you want to achieve and focusing on metrics that align with those goals. White Paper: Demand-Driven Manufacturing Metrics that Drive Action.

Metrics 40

Metrics Demand Planning Software Modeling Software Analytics Software 40

Elementum

FEBRUARY 7, 2024

Business process management (BPM) tools are essential in executing BPA, as they facilitate the design, analysis, and management of business workflows, ensuring a seamless integration and operation within the organizational structure. 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

Logistics Viewpoints

MARCH 25, 2024

Their micro verticals need solutions that support shelf-life logic, seasonality, achieving high quality despite variability in raw materials and ingredients, traceability, and attribute-based stock keeping units. The software architecture allows the value to be measured and those metrics are visible to the customer and the Infor success team.

Vendor Strategies 225

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 225

Supply Chain Shaman

FEBRUARY 18, 2021

Advanced planning tools(APS) never considered the issues of logistics. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. The issue is that traditional functional metrics drive underperformance—the greater the variability, the larger the gap. What are functional metrics?

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Elementum

DECEMBER 14, 2023

Automation tools : Using the appropriate software and technology is vital for effective BPA. Implementation : The automation tools must be carefully integrated into existing systems, ensuring a smooth transition and minimal disruption to ongoing operations. Automation should significantly reduce errors and maintain data quality.

Supply Chain Software 78

Supply Chain Software Optimization Software Resource Reduction Supply Chain Planning Software 78

OptiProERP

APRIL 9, 2024

Quality control measures are integrated at various checkpoints to ensure compliance with specifications and standards. Quality Assurance Quality assurance ensures that products meet predefined quality criteria. Continuous improvement initiatives help enhance product quality and customer satisfaction.

Optimal Sourcing 52

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

SCMDOJO

FEBRUARY 29, 2024

Your supplier may charge you an agreed-upon price, but if the service is unmarked or the merchandise is of poor quality, you won’t be able to meet your savings goals. Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. What metrics do others (in my industry) use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Silvon Software

SEPTEMBER 26, 2023

Fortunately, modern analytic tools like Silvon’s Stratum solution offer pre-defined metrics and data visualization capabilities to simplify the process of creating and sharing KPI dashboards and reports to management and departmental teams throughout the business.

Procurement Analytics 94

Procurement Analytics Optimal Sourcing Manufacturing Procurement Inventory Reduction 94

Logility

APRIL 2, 2020

Supplier scorecards are globally accepted as a key tool for managing a more profitable supply chain. A good scorecard helps identify which vendors deliver the best value, explains the drivers of performance, and is a preferred collaboration tool for improving supplier relationships. 3 Get the metrics right.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

Logility

DECEMBER 28, 2020

Specifically, practitioners can use intuitive displays to drill into safety metrics, product quality, on-time delivery, cost efficiency, and much more. Quality Control. Quality control is key to the customer experience and to your bottom line. Here are some common advanced analytics use cases for manufacturers.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Manufacturing Analytics Software 130

Arena Solutions

APRIL 9, 2024

In complex, discrete manufacturing, especially where traceability and compliance are critical, part serialization, loT-tracking, supplier quality, and other functions require sophisticated systems to manage and track products as they come in the front door, go through multiple value-add processes, and get delivered to the customer.

Manufacturing Procurement 75

Manufacturing Procurement Supply Chain Design Software Manufacturing Analytics Software 75

Supply Chain Game Changer

NOVEMBER 3, 2022

Modern bookkeeping systems are a perfect tool for monitoring the financial information of your company that might help you improve supply chain cost control. These tools enable you to track payments to your vendors and customers by gaining real-time updates on each transaction’s status.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency.

Optimal Sourcing 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

Logility

DECEMBER 29, 2020

Specifically, practitioners can use intuitive displays to drill into safety metrics, product quality, on-time delivery, cost efficiency, and much more. Quality Control. Quality control is key to the customer experience and to your bottom line. Here are some common advanced analytics use cases for manufacturers.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 130

SYSPRO Smarter ERP

APRIL 24, 2023

SCOR Processes To measure and monitor the performance of these processes, the SCOR model also has metrics which can be used for supply chain performance — Reliability, Responsiveness, Agility, Cost, Profit, and Asset Management, and has recently added metrics for Environmental and Social attributes.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

SCMDOJO

APRIL 29, 2024

A well-established sourcing strategy helps businesses secure the best quality materials at the most competitive prices. Efficient production processes, quality control measures, and lean manufacturing techniques are crucial for optimizing productivity and minimizing waste.

Supply Chain Strategy 52

Supply Chain Strategy Supply Chain Planning Supply Chain Distribution 52

ThroughPut

MAY 14, 2020

Manual tasks always have a high risk of human errors with high production and supply chain costs , time involved, and a compromise on quality to a great extent. In many cases, simply having the right tool for the job can have a massive impact on productivity.

Metrics 52

Metrics Manufacturing Waste Reduction Supply Chain Software 52

ThroughPut

MAY 14, 2020

Manual tasks always have a high risk of human errors with high production and supply chain costs , time involved, and a compromise on quality to a great extent. In many cases, simply having the right tool for the job can have a massive impact on productivity.

Metrics 52

Metrics Manufacturing Waste Reduction Supply Chain Software 52

ThroughPut

MAY 14, 2020

Manual tasks always have a high risk of human errors with high production and supply chain costs , time involved, and a compromise on quality to a great extent. In many cases, simply having the right tool for the job can have a massive impact on productivity.

Metrics 52

Metrics Manufacturing Waste Reduction Supply Chain Software 52

ivalua

MARCH 24, 2021

This function must simultaneously balance cost reduction, quality, and assurance of supply in their quest to maximize profits. . Procurement tends to be an afterthought in the product design process, and without early visibility into product criteria, it is harder for them to find the right supplier at the right quality and the right cost.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Optimal Sourcing 130

Silvon Software

AUGUST 8, 2022

And for many, it’s a struggle to use this data to generate meaningful insights beyond top-level metrics. Businesses need to make it easy for everyone in the supply chain to get the data and tools they need. Let’s take product quality as an example.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

Logistics Viewpoints

MAY 19, 2022

The trade with Asia we take for granted today was only possible by mitigating a significant supply chain trade-off – reducing costs without appreciable impacts to quality and service. And if the tools don’t allow flexibility for the planner using them, the resulting rigidity can limit their utility and planners resort to manual estimates.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

ToolsGroup

DECEMBER 16, 2021

Fulfilling customer orders in the most optimal way possible for both the customer and retailer, keeping costs low while still meeting customer expectations for speed and quality of service.This may include in-store or curbside pickup of online orders (also called click-and-collect, or BOPIS) or shipping from stores.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

Logility

MAY 18, 2020

When you define the outcomes you’re hoping to predict, whether it’s sales, equipment repairs, email sign-ups, or some other metric, you’re better able to understand the metrics that will get you to that point. This may mean making API connections or importing data from otherwise siloed departments and tools. Maintain your data:?Getting

Predictive Analytics 228

Predictive Analytics Analytics Software Predictive Analytics Software Procurement Analytics 228

ivalua

NOVEMBER 25, 2020

The Procurement team adds tremendous value in many areas, including operational performance, product quality, faster time to market and more. 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