Unleashed

FEBRUARY 12, 2023

To stay on top of your financials, there are a few key cash flow metrics and KPIs you can track that will help you make the right decisions and avoid insolvency or liquidation. Learn more: Inventory Accounting: A Video Guide for Accountants & Advisors What are cash flow metrics? Why is it important to track cash flow metrics?

Procurement Analytics 52

Procurement Analytics Metrics Expense Reduction Inventory Reduction 52

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Precoro

DECEMBER 11, 2023

Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation. Goals beyond the best purchasing price fall into strategic sourcing.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Supply Chain Shaman

JANUARY 31, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Focus on Cost. The US GDP in 2021 grew at an unexpected rate of 5.7%

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Silvon Software

APRIL 23, 2019

Companies that focus on strategic sourcing can generate substantial economic value not just by eliminating waste, reducing costs and improving administrative efficiency, but also by building stronger supplier relationships that can make them more competitive, profitable and nimble. AT A HIGH LEVEL …. Influenceable and Managed Spend.

Purchasing Skills 90

Purchasing Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 90

Silvon Software

MAY 1, 2024

Predictive Analytics has emerged as a pivotal tool in this quest, offering unprecedented foresight into market trends, consumer behavior, and operational efficiencies. Data Quality and Integration At the heart of any predictive analytics model is data.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Predictive Analytics Software Analytics Software Predictive Analytics 59

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Focus on Cost. The US GDP in 2021 grew at an unexpected rate of 5.7%

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

crisp

JANUARY 24, 2024

Discover how Walmart’s Luminate Charter plan is revolutionizing retail data analytics with these five essential reports for suppliers. Imagine having a panoramic view of your product’s journey across all sales channels, understanding intricate customer purchase patterns, and the precise flow of inventory to every store.

Procurement Analytics 52

Procurement Analytics Inventory Reduction Report Price Reduction 52

SCMDOJO

JUNE 6, 2023

It helps reduce costs, increases efficiency, and can enhance customer satisfaction. Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. How does data analytics help supply chain optimization? Why is it crucial?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Logistics Bureau

SEPTEMBER 4, 2023

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

Negotiating Skills 75

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 75

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Logistics Bureau

JULY 27, 2016

For many organisations, the reality of supplier performance management is that time and opportunity to track and react to dozens of complex KPIs simply doesn’t exist. Supplier Performance Metrics for Every Organisation. Supplier Performance Metrics for Every Organisation. Delivery On-time. ASN Accuracy.

Procurement Analytics 40

Procurement Analytics Metrics Procurement Solutions Analytics Software 40

SCMDOJO

MAY 30, 2024

The logistics department is just one piece of the puzzle. The department can optimize the delivery process, minimize costs, and maximize customer satisfaction by establishing clear roles and responsibilities. But who are the key players behind the scenes? Intrigued by the logistics department?

Optimal Sourcing 71

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 71

Logility

APRIL 2, 2020

If you are just getting started on a supplier scorecard program, identify no more than three high priority objectives. If you can’t identify an outcome and a strategy to relate to the KPI, then you’ll be wasting time on data collection and analysis. 3 Get the metrics right. Strengthening a negotiating position.

Negotiating Skills 157

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

GlobalTranz

SEPTEMBER 23, 2021

Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? . The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Unleashed

MARCH 16, 2021

Having grown sufficiently, you may find your SME business now has the need for a dedicated purchasing manager – and perhaps even a purchasing department. So if you’re a business owner who is wondering how to run a purchasing department, then check out our practical guide below. Goals of purchasing.

Purchasing Skills 59

Purchasing Skills Manufacturing Procurement Procurement Solutions Procurement Analytics 59

EC Sourcing Group

MARCH 12, 2023

While it seems obvious to choose suppliers that are cost-efficient and easy to work with, rapid technological growth and global economies of scale have resulted in a large pool of suppliers to choose from. The supplier is a third-party vendor that provides goods, materials, and services to your organization.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Supply Chain Shaman

JUNE 7, 2021

Lately, as I reflected on my conversations with John (fictitious name) when I was at AMR Research, I yearn to go back in time. Gartner purchased the firm in 2010.) I advocated a study, an analysis of market value. My desire was to make the rankings of the Top 25 supply chain report data-driven based on balance sheet results.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

ThroughPut

JUNE 5, 2024

Inventory Monitoring The vendor uses this data to monitor the customer’s real-time inventory levels. They may use various methods for demand driven replenishment , such as regular deliveries, just-in-time (JIT) deliveries, or consignment inventory. The main benefit of VMI for retailers is a reduction in inventory costs.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies 52

Elementum

JUNE 30, 2022

Welcome to Elementum’s Supply Chain Market Report. 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. Stalling Demand.

Procurement Analytics 78

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

ThroughPut

MARCH 24, 2024

Food & Beverage giants like Kellog’s reported on the state of breakdown in supply chain management. However, these models have tremendously faltered, when they have not altogether failed because of superior intelligence. The unavailability of raw materials and changing consumer patterns heavily impacted demand.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. Cash-to-Cash Metrics. In times of uncertainty, cash is king. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Let me explain.

Optimal Sourcing 240

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 240

synchrono

JANUARY 31, 2017

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. Mark also writes: “Metrics that have the attention of business and manufacturing leaders tend to be those that get measured and improved upon by their employee teams.”. Count the cost. Metrics for Action.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

Unleashed

OCTOBER 8, 2023

Opening inventory, correctly calculated, is an essential figure for determining the costs and profitability of your business. It can be used to calculate the cost of goods sold and other useful inventory reports. In retail and distribution, it most commonly refers to products that are available to be purchased by consumers.

Inventory Reduction 52

Inventory Reduction Inventory Procurement Analytics How To 52

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It aims to ensure you always have enough raw materials available to meet demand and maintain production levels while avoiding operational lost time. Let’s dive in. In this guide: What is raw material inventory management?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

ThroughPut

JUNE 4, 2024

Start reading to find out how to optimize your inventory processes, reduce costs, and enhance operational efficiency in 2024. The benefits of inventory management are cost reduction, improved customer satisfaction, and enhanced operational efficiency. Let’s jump in. What Is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . Key performance indicators (KPIs) are the quantifiable metrics companies use to gauge their progress toward a specific goal. . Not sure what those metrics are? Order cycle time.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Unleashed

OCTOBER 6, 2021

Here we explain how you can do this with 16 cost reduction strategies in inventory management?that 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.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Arkieva

JUNE 28, 2016

Our focus today is to discuss the relevance of buzz words such as Analytics, Predictive Analytics, Data Science, and Machine Learning, for S&OP. What is analytics? We might use “availability in Excel directly or with Add-ons” as an “age metric’.). The term analytics emerged over the last 10 years (Rose, R.

S&OP 64

S&OP Procurement Analytics Analytics Software Supply and Demand 64

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. We complete the analysis each year. In this analysis, patterns matter.

Case Study 267

Case Study Inventory Reduction Agile and Lean Supply Chain Study 267

Logistics Bureau

OCTOBER 20, 2021

“Paralysis by analysis” is a common term used to describe such a situation, and you can avoid it by monitoring a smaller number of carefully chosen KPIs. ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 81

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 81

Supply Chain Shaman

DECEMBER 18, 2014

On my way back to the train, I struggled with what had just happened. Bridget, crossed her arms and asked why the project that they had just implemented on improving demand planning was not sufficient; and Lee across the table chimed in to say that the new processes of Integrated Business Planning (IBP) would do the trick. It is MUDA.

Supply and Demand 279

Supply and Demand Forecasting Supply Chain Planning Software Forecasting Software 279

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Supplier On-time Delivery : To achieve their supply chain objectives, manufacturers must have suppliers who are at least as efficient as they are, but preferably more efficient. This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Supply Chain Shaman

JUNE 29, 2014

I remember the first time that I met the founders, Don and Toby. ” And from time to time, when we were behind deadline, and teasing each other about the looming weekly post, we would throw our llamas from cubicle to cubicle. It could no longer be just about inventory levels. The conference was low-key. Reflections.

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

ThroughPut

MARCH 27, 2024

The Evolution of Retail Supply Chain & Logistics: A Pre-AI Overview In the pre-AI era, the retail sector was markedly different, especially since the traditional supply chain and logistics models were largely driven by manual labor. Every decision was based on data generated and analyzed by humans. This has made deliveries faster.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

Logility

JUNE 2, 2023

The very foundation of operational efficiency, customer satisfaction, and overall profitability hinges upon the ability to predict demand with precision. They help minimize inventory, streamline purchasing, optimize distribution, and enhance production efficiency while ensuring the highest level of customer service.

Forecasting 130

Forecasting Modeling Forecasting Software Supply and Demand 130