Unleashed

AUGUST 20, 2023

There are many definitions for lead time in supply chain management. Lead time is a vital business metric that directly impacts customer satisfaction, workflow efficiency, and delivery time accuracy. It’s a valuable metric for identifying bottlenecks, improving efficiency, and optimising specific operational steps.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Elementum

JUNE 30, 2022

Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks. The economy is definitely hitting a period of high volatility.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

SYSPRO Smarter ERP

MAY 2, 2022

Deby Joevita, an award-winning User Experience Designer, mentioned during an online course that a UX design should have some metrics built in, which should provide you with the necessary direction towards achieving a meaningful experience for users. In fact, Statista estimates that 97 zettabytes of data will be created in 2022 alone.

Supply Chain Design Software 111

Supply Chain Design Software Analytics Software Demand Planning Software Supply Chain Network Software 111

Supply Chain Matters

APRIL 20, 2022

Oracle has announced findings from a termed No Planet B corporate sustainability study that provides definitive data regarding viewpoints from customers and consumers on areas related to business sustainability and overall business ESR i nitiatives. Announced Survey Findings. This study, sponsored by Savanta, Inc. Bob Ferrari. .

Survey 111

Survey Sustainability Cost Reduction Strategies Sourcing Strategies 111

Supply Chain Shaman

FEBRUARY 14, 2022

In 2022, I frequently ask companies to draw their river of demand. Organizations can align to drive value despite the allegiance to functional metrics. As long as companies are motivated by functional metrics, inventory management will be an enigma. A definition that steers clears of non-descript buzz words and shiny objectes.)

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

The Logistics & Supply Chain Management Society

MARCH 14, 2023

MEASURING CARRIER PERFORMANCE Overall and perhaps not surprisingly, the council recommends that both objective and subjective metrics be put in place to measure the performance of MLOs and carriers. Most companies outsource >50% of their logistics services and we are often challenged with escalating logistics rates with poor reliability.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Enterra Insights

OCTOBER 20, 2022

Researchers assign various measures of importance to each of the metrics, sometimes treating them equally, sometimes separating one out of the pack.”[2] erniauskas, “ Understanding The 4 V’s Of Big Data ,” Forbes, 23 August 2022. [3] million: Report ,” ET CIO, 28 July 2022. [11] ”[3].

Big Data 130

Big Data Data Quality Cost Reduction Strategies 130

AB&R

MARCH 4, 2022

This article originally appeared on Definitive Technology Group (DTG)’s blog. Deploying mobile receiving carts in conjunction with Lean Six Sigma processes will substantially improve warehouse receiving metrics by reducing redundant procedures, optimizing inventory access, eliminating waste, and mobilizing your workforce.

Waste Reduction 52

Waste Reduction Inventory Reduction Warehousing Six Sigma 52

Supply Chain Matters

FEBRUARY 17, 2023

According to data from EPFR TrimTabs , while the January dollar number is larger, it represents 78 companies, compared to a reported 125 companies that had announced a program in January of 2022. The Case of Apple Apple is noted as being one of the largest participant of stock repurchase efforts in 2022.

Supply Chain Transformation 52

Supply Chain Transformation Supply Chain Planning Software Cost Reduction Strategies Expense Reduction 52

Supply Chain Trend

DECEMBER 22, 2023

Introducing Intelligent IBP Let’s start with a definition. This definition should become clear once you go through the principles. In February 2022, I wrote the first of a five blog series using the name Intelligent IBP. Decision quality will become a performance metric in IBP.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

Enterra Insights

JUNE 17, 2022

Bambrough continues, “The second technology, AI surveillance, has a broader definition — drawing on everything from facial recognition systems and social media monitoring to license plate tracking, along with body language analysis. 6] Camille Squires, “ What’s next for smart cities ,” Quartz, 15 May 2022.

Predictive Analytics Software 130

Predictive Analytics Software Supply Chain Network Software Analytics Software Supply Chain Planning Software 130

Supply Chain Opz

JANUARY 3, 2022

Chapter 2 will introduce you to the on-time, in full metric. Books We Recommend - Supply Chain Books - Purchasing Book - Six Sigma Books - Operations Management Book - Inventory Control Book - Lean Books - International Business Book Last review and update: January 3, 2022 Our Rating: 5/5 2.

Logistics Network Optimization Software 130

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

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

2022 Realities vs 2023 Predictions. 2022 was, undoubtedly, another tough year with many disruptions happening outside the four walls of enterprise – extreme weather, natural disasters blocking access to resources, port or border congestion delaying transit, panic buying artificially inflating demand, suppliers going out of business.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

ToolsGroup

SEPTEMBER 20, 2022

Breaking Down the Definitions. Using this data, advanced predictive models can estimate when failures are likely to occur and recommend appropriate timelines to perform corrective measures, allowing manufacturers to organize their production schedules based on predicted equipment availability metrics. Optimize spare part inventories.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Supply Chain Game Changer

AUGUST 13, 2022

The population of well-off elders definitely accounts for a large part of the used car market. The major metrics that make up the cost are the make and model of the vehicle, and the economic conditions when you’re buying your insurance. Originally written for Supply Chain Game Changer and published on August 13, 2022.

New Hampshire 94

New Hampshire Purchasing Skills North Carolina Ohio 94

Supply Chain Game Changer

NOVEMBER 9, 2022

Follow-up : Instead of taking the backseat, you should have metrics that help you tell the performance of your consultant. The following situations are a definite indication that you should work with a business consultant: 1. Originally written for Supply Chain Game Changer and published on November 9, 2022.

Resource Reduction 86

Resource Reduction Expense Reduction Price Mitigation Strategies Supply Chain Strategy 86

Locus

OCTOBER 19, 2023

Insights into pivotal metrics like First Attempted Delivery Rates and Time under the Roof are crucial to discern whether the requisition for immediate deliveries springs from a preceding delay or a newfound customer prerequisite. Read Also: The Definitive Guide To Logistics Route Optimization 3.

Optimization Software 52

Optimization Software Analytics Software Supply Chain Planning Software Cost Reduction Strategies 52

Intelligent Audit

SEPTEMBER 30, 2021

Before beginning any discussion on GRIs, it’s important to recognize the definition of and GRI meaning in shipping, A GRI can be applied by carriers that choose to apply the rate increase to their contract agreements. GRIs for 2021 and Prospects for 2022. What GRI Stands for in Shipping. per package for large packages or $250.00

Shipping 52

Shipping Expense Reduction Cost Reduction Strategies Resource Reduction 52

Supply Chain Game Changer

MAY 27, 2022

Brand Protection – The Definitive Role of the Supply Chain! Ask managers their definition of the company’s vision. Measuring brand performance is not as easy as measuring marketing campaigns because there are no metrics to measure awareness or perception. Subscribe Here! Email Address. Measure the awareness.

Sourcing Strategies 90

Sourcing Strategies Supply Chain Design Software Price Reduction Supply Chain Planning Software 90

American Global Logistics

JULY 19, 2023

That is the highest number since February 2022. First, let’s refresh our memory with a definition of LMI. The Logistics Managers Index (LMI) is a tracking metric of logistics activity in the United States. That makes it a reliable indicator of overall employment trends. Small establishments created 299,000 jobs.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Price Reduction Predictive Analytics Software New York 52

Supply Chain Shaman

MARCH 21, 2022

By definition, this requires a global supply chain. In the United States, fire activity increased in February and March 2022—fire is not just a California issue. The journey needs to start with clear definitions. Lots of leaders throw these words around without clear definitions.). My response is “Hogwash.”

Modeling 280

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 280

Locus

DECEMBER 15, 2022

If you’re getting continuous WISMO (Where Is My Order) calls in this manner, it is definitely bad news. In a May 2022 survey , 94% of consumers stated that positive customer service experience made them more likely to buy again. It enables you to generate custom reports on on-ground performance like route history, mileage metrics etc.

Real-time Visibility 52

Real-time Visibility Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing 52

Enterra Insights

MAY 10, 2022

In the United States, fire activity increased in February and March 2022 — fire is not just a California issue. She writes, “By definition, planning solutions are not adaptive. Cecere concludes, “Companies need to be aligned to a common set of metrics in a balanced scorecard to mitigate risk. Footnotes. [1]

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 130

Precoro

FEBRUARY 12, 2024

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. There’s a toolkit of metrics to help the treasury department understand the level of liquidity. But why is liquidity management so important?

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

Locus

MAY 25, 2022

The American customer satisfaction index customer experience benchmarks for timeliness of delivery fell drastically from 82 in 2020 to 76 in 2022. consumer shipping companies: Customer experience 2017-2022. – Consumer experience with consumer shipping companies in the United States from 2017 to 2022, Statista, 2022.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Price Mitigation Strategies 52

Enterra Insights

JANUARY 2, 2024

billion [in 2022].” The traditional approach of buying SCM software and licenses — and then installing the applications in your data center and waiting for software updates to be sent — is definitely going away.” ” Turner told McCrea, “Cloud is becoming the preferred model for [supply chain management] applications.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Modeling 130

Logistics Viewpoints

AUGUST 7, 2023

The research is not definitive. Coke and PET Sustainability: Pepsi Wins Pepsi’s target metrics include cutting virgin plastic from non-renewable sources per serving 50% by 2030. Pepsi went backward on this target in 2022 by 2% on the first metric and 11% on the second. Do they contribute to miscarriages? Damage to lungs?

Procurement Analytics 170

Procurement Analytics Purchasing Skills Waste Reduction Expense Reduction 170

Locus

MARCH 4, 2024

Slot Based Delivery: Legacy TMS can’t provide time-definite delivery options that gel well with the existing capacity and their routes. According to research, a total of $619 billion was the cost of retail returns in 2022. From super fast delivery to time definite delivery.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Optimization Software Supply Chain Network Software 52

Elementum

AUGUST 17, 2022

It’s 2022, and there is software on the market for every situation—including software that meets the needs of supply chain management (SCM). Let’s explore the definition of SCM and some additional tools you should consider using. Supplier management tools create digital profiles of all your suppliers and rate them on key metrics.

Supply Chain Software 78

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Forecasting Software 78

Supply Chain Game Changer

AUGUST 23, 2022

Investopedia defines the Cash Conversion Cycle as “a metric that expresses the time (measured in days) it takes for a company to convert its investments in inventory and other resources into cash flows from sales. ” Whichever name you choose to put on this cash management metric and process, the end result is the same.

Negotiate Pricing 94

Negotiate Pricing Supply Chain Software Procurement Analytics Manufacturing Procurement 94

ShipBob

NOVEMBER 15, 2022

Understanding your key performance metrics, sales data, site performance, and channel efficiency will uncover meaningful insights about your business and customer loyalty. What are different types of Shopify reports and metrics? Note which key metrics to keep a pulse on. Different types of Shopify reports and metrics.

Procurement Analytics 52

Procurement Analytics Analytics Software Predictive Analytics Analytics 52

Unleashed

DECEMBER 28, 2021

Techniques for 2022. Or you can collect data to analyse your inventory using important metrics (see below). Data will be central to your analysis of how to reduce your inventory, including key inventory performance metrics like inventory turnover and days sales of inventory (DSI) 5. Read more: What is Inventory Management?

Inventory Reduction 86

Inventory Reduction Cost Reduction Strategies Waste Reduction Expense Reduction 86

Enterra Insights

AUGUST 19, 2020

Which data metrics are most relevant to your demand forecasting? Gartner, for example, reports that 80% of supply chain blockchain initiatives will remain at a proof of concept (POC) or pilot stage through 2022.” Definition and differences from logistics ,” Interlake Mecalux, 22 May 2020. [2] ” The Cloud.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Analytics Software 100

Locus

AUGUST 13, 2023

After a few looks into the dashboard, reports, and metrics in the platform, the fleet manager finds out that frequent occurrences of traffic are delaying the deliveries around those few areas. And this is much higher than the total number of quarterbacks selected in 2022, which was nine.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Optimization Software 52

Supply Chain Shaman

DECEMBER 13, 2021

How do we design work systems to align organizations and ensure that there is the right balance of reward systems with metrics? Is there a need to redesign metrics to move from a functional and traditional function to drive goal alignment? Over the past year, I attempted to rectify and clarify the definition of an outside-in process.

Sourcing Strategies 195

Sourcing Strategies Cost Reduction Strategies Supply Chain Design Software Price Mitigation Strategies 195

IQMS

FEBRUARY 19, 2021

Bottom Line: Any successful ERP implementation starts with a clear definition of business value followed by a compelling vision of greater collaboration and connectedness between workers that get results. Roles across production facilities are changing fast now and will accelerate in 2022.

Vendor Strategies 81

Vendor Strategies Material Savings Cost Reduction Strategies Resource Reduction 81

Enterra Insights

JANUARY 24, 2023

Reed Deshler , the Organization Design and Change Leader at AlignOrg Solutions, explains, “By definition, an aligned organization is one that optimally syncs the work, structure, metrics, people, rewards, culture, and leadership to strategy. ” Supply Chain Shaman, 15 December 2022. [5]

Resource Reduction 130

Resource Reduction Supply Chain Planning Software Waste Reduction Price Reduction 130