Logistics Bureau

AUGUST 2, 2021

Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. 7 Procurement KPIs You Should be Using. Competitiveness of Pricing. Supplier Lead Time.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Supply Chain Shaman

APRIL 27, 2022

While the company’s investments in manufacturing scheduling and demand sensing improved outcomes, the organization under-invested indirect procurement and network design. To calculate the benefits of the potential value of implementing a planning system, I benchmarked companies to their respective peer groups. They are not.

Procurement Analytics 345

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 345

GlobalTranz

JULY 28, 2021

Managed transportation is about streamlining and centralizing the whole process of both inbound and outbound logistics, ranging from warehousing through delivery. Orchestrated outsourcing is more common in logistics, where businesses require close coordination with a supplier who has a core competency in a particular discipline.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Logistics Viewpoints

NOVEMBER 6, 2023

The Carbon Action portion of these scorecards benchmark a supplier’s ability to collect and disseminate emissions data. Analysis of what is reported may suggest that a supplier has not been totally forthcoming in what they have reported on the platform. A supplier’s Scope 1 emissions become part of a buyer’s Scope 3 emissions.

Resource Reduction 223

Resource Reduction Material Savings Supply Chain Planning Software Procurement Analytics 223

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The visibility to spend allows them to provide excellent benchmarking in several areas. I saw this claim as being more a statement of intention than of fact.

Supply Chain Design Software 202

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 202

Logistics Viewpoints

AUGUST 9, 2022

For months, retailers have been stockpiling massive amounts of goods to meet surging consumer demand, and compensate for ongoing supply and logistics issues. Inbound/procurement teams could view SKUs at facilities with low days of supply, and drill into orders in the yard with low SKUs. All aboard. He lives in Chicago.

Inventory Management Software 224

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 224

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. What Is Digital Procurement?

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. This is a framework for defining the scope and phasing of the initiatives.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 261

GlobalTranz

OCTOBER 16, 2015

As a third-party logistics company focused on over the road transportation management, and having an LTL rating engine and web-based TMS for nearly 20 years (web-based even before Google!), at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well.

Negotiating Skills 120

Negotiating Skills Price Reduction Cost Reduction Strategies Optimal Sourcing 120

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

The Logistics of Logistics

OCTOBER 6, 2023

John is the Co-founder and COO of ISO , the only neutral platform that provides shippers, brokers and carriers with the ability to measure the total cost of transportation procurement. ISO provides a neutral, single source of truth for logistics performance, eliminating siloed systems and human analysis.

Logistics Network Optimization Software 236

Logistics Network Optimization Software Analytics Software Supply Chain Network Software Predictive Analytics Software 236

Silvon Software

JUNE 1, 2023

The KPIs here highlight procurement, production, logistics, and customer fulfillment. This includes procurement, production, transportation, warehousing, and distribution. To integrate the data for reporting and analysis, consider the use of a data hub so everyone’s working with the same numbers.

S&OP 103

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 103

Logistics Viewpoints

JANUARY 23, 2024

Blue Yonder also acquired Doddle to close the loop on reverse logistics. Part of this analysis is to look at lost revenue or the seasonality of items, and help to create a specific promotion for that item. For the end consumer, it creates a snapshot of traceability from procurement to delivery.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

Logistics Viewpoints

SEPTEMBER 13, 2022

In the past few decades, an increasing number of organizations have adopted environmental, social and governance ( ESG ) initiatives to help heal the planet as well as to make cost and efficiency improvements in their supply chain and procurement operations. Next, the enterprise can set targets.

Cost Reduction Strategies 211

Cost Reduction Strategies Supply Chain Planning Software GEP Supply Chain Network Software 211

Supply Chain Shaman

AUGUST 12, 2020

The topic of the meeting was the logistics to launch of the AMR Research Top 25. The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. Superficial Analysis in Technology Assessments. . The reason?

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

Supply Chain Network

AUGUST 6, 2012

According to the latest American Shipper benchmark survey, transportation spending increased in 2012 – according to 75 percent of respondents – remaining unscathed by budget cuts. Shockingly, though, companies are failing to invest in the necessary procurement tools to manage spend and optimize their transportation networks.

Optimal Sourcing 92

Optimal Sourcing Procurement Solutions Supply Chain Planning Software Procurement Analytics 92

Supply Chain Game Changer

OCTOBER 29, 2020

Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. In order to achieve maximum efficiency in freight sourcing and procurement, you need a strong team to handle the requirements. Use of Freight Rate Benchmarking. Negotiation Skills.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

The Logistics & Supply Chain Management Society

JULY 16, 2023

This results in incorrect actions and communication The service industry, like logistics service providers, distributors and retailers are not well prepared for halal issue and crisis management, endangering the effectiveness of halal risk mitigation measures by the brand owner.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Logility

DECEMBER 15, 2023

Then, F&B businesses can transform diverse information from sales, production, finance, marketing, transportation, and procurement into one comprehensive business plan. With a complete S&OP solution , days or weeks can be eliminated from the planning process.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

NC State SCRC

SEPTEMBER 18, 2017

Procurement is always thinking about cost savings, year over year. What if, for example, procurement has a budgeted amount for 4.5 cents, so procurement declares victory and says they saved their organization a lot of money: 3 cents per unit! Vel Dhinagaravel, CEO of Beroe , thinks this is the wrong way to measure procurement.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Procurement Material Savings 40

Logistics Bureau

FEBRUARY 6, 2023

Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supply chain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty. What can possibly go wrong?

KPI 83

KPI Supply Chain Strategy Supply Chain Software Supply Chain Design Software 83

Enterra Insights

OCTOBER 26, 2023

Striking the right balance for resilience investments is hard but it’s better to make some assumptions and take action than to get stuck in analysis paralysis.” This data is direct feedback that supply chain managers can leverage to assess what leadership tactics are effective and which fail to drive workforce benchmarks.”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

Logistics Viewpoints

MARCH 21, 2021

AGCO Logistics Team Accepts Prestigious Supply Chain Award. Greg Toornman – vice president global materials, logistics and demand planning at AGCO – told more of this story in a panel at ARC’s Supply Chain Forum. The company is now benchmarked as having the top performing supply chain design team in Latin America.

Supply Chain Design Software 240

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 240

Kinaxis

MARCH 7, 2018

Now Avaya is leading the way, exceeding industry benchmarks in 11 key metrics. Inbound and outbound logistics planning. Procurement spend analysis. 12-hour days, hair on fire supply constraints, excess inventory, completely manual processes, imbalanced supplier terms and conditions, poor cash to cash. Supply planning.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Case Study 141

ToolsGroup

JULY 6, 2023

Inbound Logistics Top 100 2023 April 2023 – Every April for the past 25 years, Inbound Logistics editors have selected 100 logistics technology companies that enable logistics and supply chain excellence. Read the press release here. See ToolsGroup’s listing on FeaturedCustomers here. Read the press release here.

ToolsGroup 295

ToolsGroup Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 295

Talking Logistics

FEBRUARY 10, 2016

“One of the first things that’s helpful in making the case is that you can’t say whether [a supply chain decision] is a good idea until you measure the size of the prize,” said Derrick Muilenburg, Manager of Optimization Services at LeanLogistics , in a recent episode of Talking Logistics. But was it really packaging changes?

Optimal Sourcing 100

Optimal Sourcing Modeling Supply Chain Optimization Optimization Modeling 100

NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. They may provide specific KPI benchmark levels for a process (in such terms as percentage cost savings).

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

ThroughPut

JUNE 24, 2022

Mounting expectations of supersonic speed and efficiencies between suppliers and business partners of all types further underscores the need for the industry to leverage the prowess of the Artificial Intelligence (AI) in supply chains and logistics. Benefits of AI-Powered Supply Chains. 1) BOLSTERING PLANNING AND SCHEDULING ACTIVITIES.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

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. Many logistics service providers will provide their customers with an SLA.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Logistics Viewpoints

FEBRUARY 28, 2022

Since then, virtually every supplier I talked to in the process of updating this year’s Supply Chain Planning Market Analysis Study has said they are investing in this area. These “events” are turned into supplier scores, and if significant the score goes flagged in the Oracle procurement system.

Optimal Sourcing 282

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 282

Freightos

FEBRUARY 22, 2024

Judah Levine February 22, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 1% to $4,889/FEU. America weekly prices increased 1% to $2.05/kg.

Price Reduction 177

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 177

Intelligent Audit

AUGUST 3, 2021

That means the only remaining critical areas of focus for logistics managers and supply chain directors must be using data to gain actionable insights into the market and figure out how to pre-empt volatility. Knowing where the company stands and what shipping solutions remain practical are key points all logistics managers need to remember.

Analytics Software 52

Analytics Software Predictive Analytics Supply Chain Planning Software Analytics 52

Talking Logistics

OCTOBER 19, 2015

I speak at many industry conferences throughout the year, where the majority of the audience are shippers — that is, supply chain and logistics executives from manufacturing and retail companies. Note: Elemica, LeanLogistics, MercuryGate, and Transplace are Talking Logistics sponsors. There’s a similar focus on the carrier side.

Logistics Network Optimization Software 100

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

Supply Chain Shaman

JUNE 16, 2014

I have also learned that you need a large data pool to derive the type of analysis that I want to publish. They also enable the evaluation of networks for both sales and procurement relationships to optimize the flows upstream and downstream. It takes more than one or two respondents from a company.

Supply Chain Design Software 287

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 287

CH Robinson Transportfolio

JUNE 9, 2022

In fact, today you can procure freight rates from your transportation providers right in your TMS. There are many reasons to supplement your spot freight procurement with automated processes sooner rather than later. Access real-time rates earlier in your procurement process—making it easier to cover loads and secure quality service.

Supply Chain Planning Software 70

Supply Chain Planning Software Demand Planning Software Analytics Software Optimization Software 70

Precoro

AUGUST 31, 2023

Sufficient cost savings are achieved by utilizing a rigorous spending analysis, identifying opportunities for improvement, preparing strategies to reduce expenses, and carefully implementing these strategies. Benchmarks for evaluating spending levels can be internal (between departments) or external (between competitors in the market.)

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105