Silvon Software

APRIL 18, 2023

While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? Can we get the right resources needed to collect data for analysis before it’s too old?

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 64

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. I don’t care what you call it, but network design, what-if analysis, simulation and digital twin approaches grow in importance.) Build in-market sourcing. Tougher than most understand.

Supply Chain Planning Software 391

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 391

Supply Chain Shaman

SEPTEMBER 3, 2018

Second, they adapt over time as market structures and strategies evolve. 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.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 322

SCMDOJO

MAY 15, 2024

Data Analysis [10-15%] Once the data is available, begin analyzing it and create a checklist detailing what data is already present and what is required further. Simulations are invaluable for assessing different strategies and their potential impacts. By exploring multiple scenarios, project teams can identify optimal solutions.

Optimal Sourcing 54

Optimal Sourcing Network Design Software Supply Chain Design Software Modeling 54

Supply Chain Shaman

JULY 25, 2021

In fact, in our Supply Chains to Admire analysis, we find that this is true in twenty-five of twenty-eight industry sectors studied. Few companies measured the impact on error and bias through the rigor of Forecast Value Added (FVA) analysis. The Focus Inside-out Supported by Functional Metrics. The reason? Maturity Model.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Shaman

JULY 22, 2019

A clear definition of purpose and alignment of business process to corporate strategy is an apparent characteristic of companies that outperform. The broader the definition of end-to-end strategy and the alignment of supply chain processes drives value. The source data for the analysis comes from Ycharts.).

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 254

SYSPRO Smarter ERP

MARCH 28, 2024

It is a modern business strategy that lets company staff make decisions based on facts instead of biases. You don’t want data that could create analysis paralysis. If production metrics are important, you may want to get data on: Machine and labor availability. How to apply metrics One challenge is deciding what metrics to use.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Optimization Software 52

Elementum

FEBRUARY 7, 2024

Business process management (BPM) tools are essential in executing BPA, as they facilitate the design, analysis, and management of business workflows, ensuring a seamless integration and operation within the organizational structure. Common performance metrics include process completion rate and the number of automated tasks.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Logility

APRIL 2, 2020

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. Phone * Company * Job Title * Zip Code * Source Asset Source Download ID. 2 Identify and get access to the right data sources. 3 Get the metrics right. Featured Download.

Negotiating Skills 157

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

ModusLink Corporation

SEPTEMBER 7, 2023

Supply Chain Management: Supply chain management takes on a comprehensive role in overseeing the entire journey of products, from their origin as raw materials or components through the stages of production, sourcing, and ultimately, final distribution to end customers.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Supply Chain Management: Supply chain management takes on a comprehensive role in overseeing the entire journey of products, from their origin as raw materials or components through the stages of production, sourcing, and ultimately, final distribution to end customers.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Supply Chain Management: Supply chain management takes on a comprehensive role in overseeing the entire journey of products, from their origin as raw materials or components through the stages of production, sourcing, and ultimately, final distribution to end customers.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Payable terms grew, and the focus on efficient procurement and functional metrics reduced the development of strong relationships across the value chain. Focus on Cost. What to do?

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? What are you trying to accomplish through the execution of a customer segmentation strategy? During the year, I go to a lot of conferences. How do they buy from you?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

SYSPRO Smarter ERP

APRIL 17, 2023

Unfortunately, without proper processing and analysis, this data is of little use to the organization. Predictive analysis: Utilize BI solutions to predict future trends in demand for products or potential supply chain disruptions, enabling manufacturers to plan and make informed decisions while mitigating risks.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Analytics Software Predictive Analytics Software 98

QAD

NOVEMBER 8, 2022

The pandemic tested the supply chain across all industries, so how can medical device supply chain leaders implement strategies and plan for potential risks in the post pandemic “new normal”? Designing and implementing updated risk mitigation strategies. Broadening Multi-Sourcing and the Use of Near Shore Suppliers.

Optimal Sourcing 96

Optimal Sourcing Supply Chain Optimization Sourcing Strategies Price Mitigation Strategies 96

Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Payable terms grew, and the focus on efficient procurement and functional metrics reduced the development of strong relationships across the value chain. Focus on Cost. What to do?

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

ivalua

AUGUST 17, 2021

There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Identifying Value , is where procurement teams leverage spend data and spend analysis to understand trends in spend and identify opportunities and develop category management strategies. . What is Direct Procurement?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

Supply Chain Shaman

JUNE 26, 2017

Lora Cecere has deep insights into Supply Chain, I would love to see further analysis on why these companies did not make the grade.” Traditionally, the focus has been on building efficient organizational silos for make, source or deliver. We do not include them in the analysis because there is no peer group comparison.

Sourcing Strategies 152

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Strategy 152

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. It had been a long night. However, I had little time to be tired. ” I smiled.

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186

Unleashed

JANUARY 29, 2024

This article looks at the SKU rationalisation process, how to utilise SKU rationalisation analysis for your business, and some essential best practices for implementing it. Using metrics such as inventory turnover rate , sell-through rate, and gross margin return on investment allows you to monitor your inventory performance more effectively.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

EC Sourcing Group

MAY 17, 2023

Spend classification can often go unnoticed, despite its critical influence over successful procurement strategy. By categorizing suppliers based on their capabilities, expertise, and performance metrics, organizations can make informed decisions regarding supplier selection, evaluation, and relationship management.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Negotiate Pricing Sourcing Strategies 52

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. Creating a new supply chain strategy can be complicated, if not daunting. Don’t worry.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

TMC

SEPTEMBER 1, 2016

It’s a common pitfall at a time when the number of data sources and data points seem to be growing exponentially. For example, the shipping department needs to monitor metrics such as on time delivery and cycle times, but procurement relies on a different mix of measures. Off-target targets. Lack of understanding.

Analysis 48

Analysis Analytics Software Sourcing Strategies Supply Chain Planning Software 48

ThroughPut

MARCH 24, 2024

Conditions of erratic demands, long-period metrics, and unavailability of raw materials have brought forth a plethora of problems: Trouble managing capacity with high peaks and troughs in demand for goods, capacity management has become a key concern. Excess inventories lead to excess wastage.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

TMC

JANUARY 14, 2016

It’s a common pitfall at a time when the number of data sources and data points seem to be growing exponentially. For example, the Shipping Department needs to monitor metrics such as on time delivery and cycle times, but Procurement relies on a different mix of measures. Off-target targets. Lack of understanding.

Analysis 54

Analysis Analytics Software Supply Chain Planning Software Sourcing Strategies 54

Logility

MARCH 21, 2023

Such alignment enables finance and supply chain leaders to fully understand each other’s challenges, goals, and opportunities and create mutually beneficial strategies that move the business toward greater compliance, higher profitability, and ongoing growth.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimal Sourcing Scenario Planning Supply Chain Planning 130

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 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 297

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 297

ivalua

AUGUST 16, 2021

This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . In order that sourcing and procurement teams fully optimize their supplier network, there needs to be a change in the way organizations view all suppliers. Business Process Description. Mitigating supplier risks.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software 130

Supply Chain Shaman

AUGUST 7, 2019

Lab work testing follows vital sign analysis. ” Or alternatively, “Is there data that could be sourced to help?” When I asked for an analysis of the customer service data with a root cause analysis, it was not available. Use the peer group analysis to establish realistic targets.

Supply Chain Design Software 252

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 252

Talking Logistics

OCTOBER 27, 2016

Supply chain network and transportation optimization can help make better sourcing and multi-stop route decisions that ultimately result in route design that balances low costs with higher service. In 2010, Walmart announced its goal to eliminate 20 million metric tons of GHG emissions from its global supply chain by the end of 2015.

Cost Reduction Strategies 100

Cost Reduction Strategies Material Savings Modeling Software Sourcing Strategies 100

OptiProERP

FEBRUARY 8, 2024

It will explore the benefits, challenges, and strategies for achieving optimal synergy between these two critical components of modern manufacturing. Wire Arc Additive Manufacturing (Now DED-arc): Wire Arc Additive Manufacturing utilizes arc welding power sources and manipulators to construct 3D shapes through arc deposition.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Design Software 52

Silvon Software

AUGUST 8, 2022

Supply chains also have the added complexity of numerous other data sources being generated from extended partners in outsourcing, logistics, and distribution. And for many, it’s a struggle to use this data to generate meaningful insights beyond top-level metrics. Leverage real-time data for greater visibility.

Analytics Software 80

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 80

Supply Chain Shaman

FEBRUARY 14, 2022

They gave lip service to the need for IT standardization, but ran their process on a custom built model that enabled reverse bill of material, and profitability analysis. They were ahead of their time on simulation analysis and cross-functional orchestration.). We source this data from Y charts. Mistake #5. Measurement.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner.

Logistics Network Optimization Software 130

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

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 312

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 312