QAD

JULY 1, 2021

Your total manufacturing costs are essentially an expense analysis that calculates how each of your company’s departments contributed to producing a finalized product. If you know your inventory value, you can calculate your company’s sales margins and use that information to identify where you could trim unnecessary expenses.

Manufacturing Procurement 89

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 89

Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. Cost-to-Serve Analysis.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

Silvon Software

JUNE 1, 2023

Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. At times, finding the right metrics can feel incredibly challenging, and there might be a tendency to measure things for the sake of measurement. This includes procurement, production, transportation, warehousing, and distribution.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

Logistics Viewpoints

FEBRUARY 16, 2021

With this information, are you any closer to knowing what to do about it, or have you just enriched your ability to admire your problem and see it close up? Ipsen faced transportation capacity constraints, complications at country borders, and even temporary shutdowns at their own plants. Analytics inform decisions.

Supply Chain Visibility 284

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 284

Intelligent Audit

NOVEMBER 3, 2022

On the transportation end of supply chains, shippers adapt to the transportation needs at any given time to ensure this part of the supply chain continues as well as possible. This is why transportation network optimization is important. What Is Transportation Network Optimization? Ready Your Data.

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

Veridian Solutions

OCTOBER 2, 2018

This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. Data Analysis Enhances E-Commerce Forecasts and More Take a moment to consider what goes into managing e-commerce fulfillment. A Guide to the Warehouse Metrics Supply Chain Execs Should Track.

Analysis 53

Analysis Data Forecasting Software Supply Chain Software 53

Stord

APRIL 24, 2024

Specific industries measure specific KPIs, and AI is an easy way to pull data in and get real, usable and actionable metrics back. This new tech could lead to more self-service capabilities to better respond to WISMO (“where is my order”) inquiries , and seamlessly provide tracking information to a brand's customer service team.

Supply Chain Planning Software 88

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Predictive Analytics Software 88

Intelligent Audit

DECEMBER 22, 2020

The key to better logistics is a streamlined system that utilizes business intelligence and processes that yield transportation optimization. Now, enterprises worldwide are turning the tables and looking for ways to enable continuous transportation optimization using a combination of technology and expert provided solutions.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Software 52

SCMDOJO

APRIL 9, 2024

With the advancement of transportation, like wheels and navigation techniques, transport to distant territories was completed over shorter periods. The Industrial Revolution gave rise to large-scale production and transportation efficiency, which led to the modern logistics landscape that we know today.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

This entails staying well-informed about industry trends, harnessing technology for improved decision-making and transparency, nurturing strong partnerships with service providers, and continuously evaluating and refining procurement strategies to address the evolving complexities of container shipping.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Supply Chain Collaborator

MARCH 22, 2016

Shippers who automate transportation logistics but fail to include yard operations in the solution design are operating with enormous visibility gaps. Shippers must realize that not all transportation delays take place on the road. Shippers must realize that not all transportation delays take place on the road.

Metrics 60

Metrics Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software 60

Kinaxis

FEBRUARY 3, 2020

The number of coronavirus cases continues to rise, and the region has implemented a quarantine, limiting transportation and the flow of goods. Planners don’t discover this information after hours or days of hands-on analysis. The impact isn’t completely clear nor is the timeline, making planning even more difficult.

Supply Chain Planning Software 273

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 273

GlobalTranz

NOVEMBER 16, 2018

While ERP systems provide excellent tools to manage accounting, human resources, customer relationships and more, they considerably lack the tools needed to properly manage transportation. During bid analysis, many TMS tools will produce forecasts to let users know how this carrier will impact them financially.

Supply Chain Planning Software 164

Supply Chain Planning Software Forecasting Software Optimization Software Supply Chain Software 164

Logistics Viewpoints

JUNE 26, 2023

The second goal was to work with a fourth party logistics (4PL) partner that had invested in cutting-edge transportation management and visibility solutions. A 4PL is a company that plans and executes transportation on behalf of their customers. The company chose 4Flow to do transportation planning and execution in Europe.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Talking Logistics

OCTOBER 27, 2016

Outside of the Paris Agreement, the European Union (EU) has a goal of reducing greenhouse gas emissions from transport by around 60 percent below 1990 levels by 2050. Cost reductions sometimes go hand-in-hand with GHG reductions, but some measures could increase transport costs. Corporate Responsibility.

Cost Reduction Strategies 100

Cost Reduction Strategies Material Savings Modeling Software Sourcing Strategies 100

GlobalTranz

SEPTEMBER 23, 2021

Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation. Focusing on the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Adexa

JULY 17, 2023

It allows organizations to track and monitor inventory levels, production status, transportation, and other crucial supply chain activities. Optimal resource utilization: Digital technologies enable organizations to optimize resource allocation, such as inventory, production capacity, and transportation.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98

SYSPRO Smarter ERP

APRIL 11, 2022

By acquiring and integrating more information, CFOs can help the business develop a more responsive and reliable supply chain. This information allows you to steer your company through uncharted waters and manage cashflow and maximize profitability. Diversification of business operations.

Manufacturing Procurement 105

Manufacturing Procurement Distribution Supply Chain Design Software Manufacturing 105

Supply Chain Shaman

MARCH 5, 2019

While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. The focus is on functional metrics, but are unable to get to overall supply chain metrics. Listening posts use sentiment analysis based on unstructured text mining. Visibility. My caution?

Supply Chain Design Software 282

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 282

GlobalTranz

NOVEMBER 12, 2015

We continue our series on strategic shipping by going into detail of the 10 main areas that shippers can turn to in order to have a strategic logistics and transportation management mindset. 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Metrics and KPIs.

Continuous Improvement 120

Continuous Improvement Data Logistics Network Optimization Software Vendor Strategies 120

Supply Chain Shaman

APRIL 14, 2013

Here, I would like to share some background information on the Index and how I intend to use it in developing a higher level of research. Over the course of the last year, Abby Mayer ( @indexgirl ) worked with the Supply Chain Insights team to build a database of 20 years of information with over 50 supply chain financial ratios.

Gartner 267

Gartner S&OP Pharmaceutical Supply Chain Planning Software 267

Talking Logistics

MARCH 19, 2019

Although very informative in their own right, retrospective analytics cannot undo the past. Use the Correct Metrics. Therefore, using the correct metrics is crucial. Therefore, stay away from “Total” metrics. These metrics would include Total Spend, Total Number of Shipments, Total Accessorial Cost, Total Weight, etc.

Analytics Software 131

Analytics Software Analytics Shipping Metrics 131

Logistics Bureau

OCTOBER 20, 2021

While having too many KPIs is undoubtedly better than having none, it can impede progress by creating a confused, complex mass of information that becomes difficult to sort out and use as a basis for action. However, every company and its supply chain is unique, so the information in this post is not intended to be prescriptive.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

GlobalTranz

OCTOBER 10, 2017

Using technology to improve last mile metrics is essential to driving last mile costs down, but how do shippers know if the technology is helping or hurting? Essentially, shippers need to track these 11 metrics. On-Time Deliveries Are King of Last Mile Metrics. Fuel Consumption Rates. Planned Versus Actual Mileage.

Metrics 153

Metrics Cost Reduction Strategies Logistics Network Optimization Software Waste Reduction 153

GlobalTranz

MARCH 24, 2015

Editor’s Note: This post is a slightly modified guest post from Ahern & Associates , a transportation management consultancy. Benchmarking as a Hard Rule within Transportation Cost Analysis Can Be Damaging. And more… for a full list, see our White Paper on Transportation Metrics. Truckload – $1.51

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. For that reason, freight benchmarking services are seeing increased uptake by shippers.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

BlueYonder

DECEMBER 22, 2017

These capacity crunches, at times, force carriers not to adhere to capacity commitments with customers, resulting in companies having to go out into the market to find alternate transportation options. This typically corresponds with a more expensive transportation choice in an expedited manner. Modeling Suggestions.

Puerto Rico 52

Puerto Rico Capacity Optimal Sourcing Transportation 52

American Global Logistics

JANUARY 30, 2024

Key Economic Indicator #1: Gross Domestic Product (GDP) The Bureau of Economic Analysis (BEA) reported that the annual US GDP rate increased in December 2023. Information is as of January 25, 2024.) Its report provides up-to-date employment statistics, analysis, and trends. This flash metric registered at 50.3

Supply Chain Strategy 52

Supply Chain Strategy Supply Chain Optimization Supply Chain Price Reduction 52

GlobalTranz

MARCH 7, 2016

As the supply chain grows increasingly focused on meeting the demands of an increasingly data-driven and customizable world for consumers and business to business partners, the need for continual improvement and better visibility will continue to drive analysis of available supply chain analytics.

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

Enterra Insights

AUGUST 14, 2018

” Metrics Definition. “The organization needs to be clear on the metrics that matter and the alignment of vertical silos’ metrics to the balanced portfolio. I believe that S&OP should inform the budget, but the budget should never constrain S&OP.)” ” 2) Analysis through Segmentation.

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Prescriptive Analytics Software Supply Chain Planning 100

ThroughPut

MARCH 27, 2024

Real-time visibility was lacking, be it in warehousing or transportation, due to which delivery delays were common. Streamlining Inventory Management and Reducing Waste With the help of AI-powered predictive analysis, retailers are optimizing stock levels, streamlining inventory, saving storage costs and minimizing waste.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

Talking Logistics

NOVEMBER 17, 2015

Do you have the right metrics? Metrics show how your supply chain is performing – providing they are the right ones to do the job. Inappropriate metrics can give a false or incomplete picture of supply chain performance. Second, what metrics are the best indicators of performance in terms of these goals?

Supply Chain Software 100

Supply Chain Software Supply Chain Optimization Supply Chain Strategy Supply Chain Network Software 100

SCMDOJO

JUNE 6, 2023

Risk Management Businesses can use data analytics to develop contingency plans and make informed decisions to mitigate disruptions. Supply Network Optimization Data analytics helps provide valuable insights into different suppliers, which helps manage processes with different suppliers, warehouses, and transportation routes.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Supply Chain Game Changer

OCTOBER 1, 2022

Transportation of products for deliveries and staff for meetings is smoother with fleets. A functional digital tachograph can measure significant metrics like speed, driving time, and driver’s activity. Transportation can result in higher company expenses if you don’t track them well. Analysing Digital Tachograph.

Supply Chain Software 97

Supply Chain Software Logistics Network Optimization Software Procurement Solutions Tools 97

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

QAD

OCTOBER 4, 2023

Supply chain analytics makes it possible for businesses to collect data, analyze that data, and make informed decisions. We continue to see businesses use supply chain data and develop better ways to gather and track information than ever before. Supply chain management analytics utilizes inbound and outbound logistics information.

Prescriptive Analytics Software 52

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

DELMIA Quintiq

SEPTEMBER 12, 2023

In today’s dynamic Transportation & Mobility landscape, the pressure is on to innovate and provide new experiences for customers. Any delayed information about disruptions and visibility on the shop floor could lead to inefficiencies and increased costs. What is a Manufacturing Control Tower (MCT) and why is it necessary?

Automotive 156

Automotive Manufacturing Real-time Visibility Cost Reduction Strategies 156