Talking Logistics

NOVEMBER 14, 2014

We normally do our Talking Logistics episodes on Tuesdays and Thursdays, but we have one today at 12 ET with Alaster Love from Transplace, where we are going to discuss “ Big Data and Analytics in Oil and Gas Transportation.” September 2014 Freight Transportation Services Index (TSI). Cass Freight Index Report – October 2014.

Logistics Network Optimization Software 139

Logistics Network Optimization Software Supply Chain Planning Software Cost Reduction Strategies Analytics Software 139

Supply Chain Shaman

NOVEMBER 20, 2014

In their world view, the future would be the coalescence of robotics, learning systems, and voice automation. At the end of 2014, many leaders that I work with are preparing their 2015 strategies. The word digital is everywhere in their presentations– digital path to purchase, digital agriculture, and digital manufacturing.

Analytics Software 291

Analytics Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 291

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

Enterra Insights

JUNE 22, 2023

With the maturation of artificial intelligence (AI) systems, predictive analytics have grown in importance. The difference between traditional forecasting and predictive analytics is granularity. In contrast, forecasting provides overall aggregate estimates, such as the total number of purchases next quarter.

Supply Chain Performance 130

Supply Chain Performance Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 130

Talking Logistics

JUNE 27, 2014

So it gives me great pleasure to say, that with the next pick in the 2014 NBA Draft, the NBA selects Isaiah Austin from Baylor University.”. April 2014 North American Freight Numbers. Several reports have been published in recent years underscoring the growing importance of supply chain risk management.

Logistics Network Optimization Software 143

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Negotiating Skills 143

Logistics Viewpoints

OCTOBER 26, 2022

ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. In my own defense, things kind of took off after 2014. We define the market as those warehouse automation providers responsible for delivery of the system to the end-user (to eliminate double-counting). billion in 2019.

Supply Chain Software 270

Supply Chain Software Warehousing Supply Chain Design Software Supply Chain Planning Software 270

Supply Chain Shaman

JUNE 3, 2013

In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The widely-held view was that the e-procurement market would fuel the next generation of marketplace applications. The rebirth of marketplace offerings is not on the back of e-procurement or ERP. The debates were heated.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 253

ivalua

MARCH 17, 2021

They may lack resources required to meet programmatic and financial reporting requirements or mitigate the many risks of non-compliance. Inefficient, often disparate systems, as well as duplicative processes add to that complexity. The Procurement Link. Audit capabilities which help mitigate risk of fraud, waste and abuse.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Procurement Solutions Procurement Analytics 130

MIT Supply Chain

NOVEMBER 13, 2023

The inaugural post appeared on March 4, 2014, and was about the rising status of the supply chain profession. Some events and trends driving the supply chain’s standing back in 2014 remain just as influential in 2023. Decisive phase But some of the 2014 challenges we still witness today have become more urgent.

Supply Chain Planning Software 97

Supply Chain Planning Software Modeling Purchasing Skills Supply Chain Software 97

Talking Logistics

FEBRUARY 28, 2014

It’s been almost a year since 3Gtms merged with Transite and set out to “build a third-generation TMS to satisfy the needs of the small and middle markets that do not need the extreme complexity of features found in today’s TMS systems, but require a more user-friendly, streamlined TMS that is highly flexible and delivers a faster time to value.”

Logistics Network Optimization Software 146

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 146

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

AUGUST 16, 2015

In 2014, SAP posted revenues of 19.5B$ and Oracle with 38.3B$. The most significant for the supply chain market are assets from Baan, Formation Systems, Fygir, Intentia, Lawson, MAPICS, Mercia, and SSA Global. On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. I am not surprised.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

CormSquare

JANUARY 24, 2017

But the question is, what are the other main challenges in procurement being faced today? This survey was done on 324 senior procurement lea ders fr om 33 countries offering a deep insight into current procurement preoccupations. Cost Reduction. Unsurprisingly, number one on the list is Cost Reduction.

Procurement Solutions 50

Procurement Solutions Procurement Analytics Cost Reduction Strategies Purchasing Skills 50

Supply Chain Matters

APRIL 18, 2024

Record High Drug Shortages Business and general media have cited data from the American Society of Health-System Pharmacists ( ASHP ) that indicates 323 critical drugs were in shortage during the first quarter of this year. Thus, this commentary will not be a regurgitation of media headlines and reporting.

Manufacturing Procurement 52

Manufacturing Procurement Pharmaceutical Purchasing Skills Sourcing Strategies 52

Talking Logistics

SEPTEMBER 18, 2014

According to a July 2014 supply chain research study from Accenture focused on Big Data and supply chain risk management, most organizations have high hopes for using big data analytics in their supply chain but many have had challenges in deploying it. You can start small with a few trading partners and expand over time.

Supply Chain Design Software 196

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

Supply Chain Shaman

OCTOBER 29, 2020

True collaboration is systemic. Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

Unleashed

OCTOBER 6, 2021

that are each proven to reduce a company’s costs.? Consider Vendor Managed Inventory One way to save costs in inventory is to shift the responsibility of its management to your suppliers using a VMI system. Calculations for key figures like reorder points, safety stock and EOQ are handy tools for reducing your inventory costs 6.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Shaman

DECEMBER 23, 2014

In 2014, ecommerce strategies grew in importance. It was great to see click and pay on the London tube, and I love some of the new models that are being developed in grocery and specialty stores for purchases on-line and pick-up at the stores. Problems continue, but 2014 was the year of experimentation. Details matter.

Packaging 289

Packaging Inventory Reduction Supply Chain Design Software San Francisco 289

Talking Logistics

MAY 13, 2015

And yet, prior to replacing a legacy inventory management system and implementing a supply chain analytics solution from FusionOps , the share of merchandise the company delivered on-time and in-full was a dismal 28 percent! How did this vast improvement in a key supply chain metric translate into financial performance?

Supply Chain Software 100

Supply Chain Software Procurement Analytics Analytics Software Supply Chain 100

Logistics Viewpoints

MARCH 20, 2023

This January the company reported that its annual recurring revenue grew at over 84% year-over-year. The company launched their platform in 2014. The supply chain planning market got started when supply chain models were put into in-memory databases in the early 1990s. In-memory relies on system memory as opposed to disk space.

Supply Chain Planning Software 209

Supply Chain Planning Software Modeling Software Procurement Solutions Demand Planning Software 209

Unleashed

MARCH 22, 2022

Alex Campbell founded Good Buzz Kombucha in 2014 after struggling to find non-alcoholic alternatives to drink. Only a third of consumers report that they are happy with current NoLo offerings – meaning there is still huge potential in the market. Not only is this wine ‘alcohol-removed’, but it’s low calorie, with 16 calories per 125mL.

Procurement Analytics 98

Procurement Analytics Inventory Management Software Industrial Industry 98

Supply Chain Shaman

JUNE 28, 2021

Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. New demand planners start using the system without clarity on what makes a good plan. We are unsure of the outcome, but the opportunity cost for the organization is high.

Supply Chain Planning Software 231

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 231

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure. 3PL/SLA Skills/Knowledge.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Enterra Insights

NOVEMBER 4, 2019

Circular economic business models encourage continuous reuse of materials to minimize waste and the demand for additional natural resource consumption.”[2]. Kadir van Lohuizen ( @mediakadir ) reports, “The world generates at least 3.5 It is important not to confuse those metrics with the circular economy. ”[2].

Waste Reduction 100

Waste Reduction Gartner Supply Chain Design Software Agile and Lean Supply Chain 100

Supply Chain View from the Field

JANUARY 13, 2015

Last year around this time I made a lot of predictions about what 2014 would hold in store…Let’s revisit some of these, and see what has happened (or what hasn’t!) Here are my predictions from 2014, and an update on what I think will happen in these areas. Cost Pressures Will Continue to Escalate.

Negotiating Skills 60

Negotiating Skills Predictive Analytics Predictive Analytics Software Supply Chain Planning Software 60

Supply Chain Shaman

JUNE 29, 2016

We have automated transactional data; but there are no systems available to take independent demand data (channel data_ and move it through a multi-tier supply chain planning system. These concepts, radically different from the traditional planning systems in the market, fly in the face of tradition. Supply Chain 2030.

Supply Chain Network Software 154

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 154

GlobalTranz

DECEMBER 7, 2015

Manufacturers will integrate e-commerce systems with IoT (Internet of Things) initiatives. Equipment manufacturers will require dealers to adopt modern parts management systems, and to integrate those systems with their own. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

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

Supply Chain Shaman

SEPTEMBER 17, 2015

As shown in the 2015 Supply Chains to Admire report , over time, top performing supply chains plateau. As a result, companies like AstraZenca, BASF, Colgate, Reckitt Benckiser, Seagate, and Taiwan Semiconductor outperformed their peer group in the period of 2006-2014, but sustained improvement becomes more and more difficult.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 150

Talking Logistics

FEBRUARY 27, 2015

enVista Announces Record Revenue for 2014. December 2014 North American Freight Numbers. All of these statistics, which correlate with the results of other retailers, point to the ongoing transformation taking place in the retail industry, which is being driven by e-commerce, mobile purchasing, home delivery, and click-and-collect.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Analytics Software Procurement Analytics Logistics 100

Supply Chain Game Changer

MAY 23, 2022

For example, the central bank of France has recently released a report that highlights ways in which bitcoin is revolutionizing financial transactions within the construction industry. The report was produced by Bruno Biais, head of economic analysis at the bank, and Cyril Durand. Conclusion.

Supply Chain Network Software 86

Supply Chain Network Software Industrial Industry France 86

Enterra Insights

APRIL 22, 2019

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. ” Purchasing – “The KPI most used in Purchasing Departments is Stock Turn.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

The Logistics of Logistics

JANUARY 11, 2015

Software Advice BuyerView: TMS Software Report 2014 from Software Advice. Prospective buyers were most interested in the following functions: route optimization (52%), shipment tracking (25%) and price quoting (24%). The study has lot of other valuable nuggets, check it out here TMS Study. Is your company considering a new TMS?

Study 100

Study Supply Chain Planning Software Optimization Software Supply Chain Network Software 100

Supply Chain Shaman

OCTOBER 29, 2014

The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. It was also the preference of the consulting partners because the projects were longer, more costly and better aligned with the consulting model.

Supply Chain Planning Software 309

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 309

GlobalTranz

MARCH 12, 2018

However, as of 2014 , 87% of U.S. companies reportedly did not use Smart Manufacturing despite reports in increased efficiency, lower product defects, and customer satisfaction gains by those using Smart Manufacturing. Real-time System Assessment. The Trends that Will Forever Shape Manufacturing in 2018 & Beyond.

Manufacturing Procurement 154

Manufacturing Procurement Manufacturing Resource Reduction Waste Reduction 154

Supply Chain Matters

MARCH 5, 2022

Founded in 2014, this Boston based robotics technology firm leverages capabilities that are described as mimicking human hand-eye coordination, leveraging machine-learning to a vision system on a gripper and allowing mechanical fingers to bend and twist around objects to perform piece-picking tasks.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Prescriptive Analytics Software 52

Supply Chain Shaman

APRIL 1, 2015

I am speaking this morning at the Terra Technology conference and doing a book signing of my new book, Supply Chain Metrics That Matter. In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. It will delay my report. ILOG was then purchased by IBM for $340 million in 2008.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Network Design Software Optimization Software 150