Silvon Software

JULY 22, 2022

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Inventory KPIs and Metrics for Managing Supply Chain Performance. Inventory Days of Supply. Days Sales Outstanding (DSO).

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Enterra Insights

SEPTEMBER 18, 2018

’ Perfection is expected in the product, condition, quantity, documentation, and location.”[2] Surrett explains, “When shipping documents misreport significant attributes of cargo, the resulting inaccurate or false billing can prompt additional carrier charges. Lack of Benchmarking. ” They are: 1.

Supply Chain Software 100

Supply Chain Software Waste Reduction Inventory Reduction Price Reduction 100

Supply Chain Shaman

APRIL 20, 2018

This week I spoke at an SAS Global Analytics Summit on the connected supply chain. A focus on business process alignment across functions, through horizontal processes like Revenue Management, Sales and Operations Planning (S&OP), Inventory Management, New Product Launch, and Supplier Development. Some History. See Figure 3.

Supply Chain Planning Software 163

Supply Chain Planning Software Supply Chain Design Software Gartner Supply Chain Software 163

GlobalTranz

OCTOBER 21, 2015

It can take months to negotiate a complex SLA/KPI document, as you go back and forth with your logistics provider so the document becomes a “win-win” for both parties. For example: Inventory Record Accuracy has to be 98-100% accurate daily. The more KPIs, the more difficult the negotiation process.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Precoro

MAY 19, 2023

By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time. Inventory is one of the most important assets of any company, as it’s the basis for generating revenue. The relation is expressed as a ratio of average inventory divided by the net sales over a period of time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Precoro

DECEMBER 11, 2023

By establishing requirements and formalizing them in a corporate sustainability strategy document, teams can significantly limit the number of potential suppliers. Benchmarks, analysis, and improvements. The company needs to define where they stand on sourcing and production sustainability. Target cost.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Precoro

FEBRUARY 27, 2023

Supports Benchmarking Benchmarking is the process of measuring a company's performance against its competitors to identify areas that might need improvement. It involves studying contracts with each supplier and comparing their prices and terms analysis against industry benchmarks. missed early invoice payments.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Unleashed

MARCH 9, 2021

This is often managed with the help of supplier management software or inventory management software. Accelerating value capture by leveraging digitisation, supplier management software, and spend analytics. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Talking Logistics

JUNE 18, 2015

An all-in-one design engine with multiple integrated solvers can perform network, product flow, cost-to-serve, inventory, production and transportation optimization as well as greenfield and demand analysis in a single user interface and data model. Automated Model Building for Simplified Data Analytics and Documentation.

Supply Chain Design Software 100

Supply Chain Design Software Modeling Software Modeling Supply Chain Design 100

crisp

AUGUST 10, 2022

VP of Sales Mike Scavuzzo uses timely retail data to keep inventory flowing from DCs to stores, maximizing the challenger brand’s partnership with every retailer. Was there an inventory issue? “Was there an inventory issue? The first functional chocolate bar. market from Canada just 18 months ago. Is it a complete void?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Inventory Reduction Just-in-Time Packaging 52

Supply Chain Game Changer

APRIL 29, 2020

For the shipper, in particular, the use of freight cost benchmarking and market movement analytics will also be important to achieve additional insight and a better understanding of overall costs. Freight cost benchmarking in the market is an efficient method followed by many shippers. Use the right mode of shipment.

Negotiating Skills 69

Negotiating Skills Cost Reduction Strategies Optimal Sourcing Freight 69

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. Inventory Goal. Reduce the levels of inventory required to supply customers. Goal: Reduce raw material and WIP inventory to 20 days’ supply or less.). must be identified and formally documented.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Precoro

APRIL 22, 2024

Management of the company's financial operations requires strong leadership, experience, analytical skills, a deep hands-on understanding of financial principles, and familiarity with the best practices the company has already adopted. Performance criteria and benchmarks are unique for every industry and market.

Optimal Sourcing 105

Optimal Sourcing Negotiating Skills Procurement Solutions Resource Reduction 105

RFgen

JANUARY 18, 2024

Real-time insights and analytics enable faster and better-informed decision-making. Business Process Analysis Map Current Processes: Document and analyze current business processes across various departments. Benchmarking for Success Measurement: Determine benchmarks and KPIs to measure the success of the ERP implementation.

Supply Chain Planning Software 72

Supply Chain Planning Software Procurement Solutions Optimization Software Modeling Software 72

MIT Supply Chain

MAY 8, 2013

Cloud computing is gaining a lot of ground in the supply chain domain, with applications ranging from new analytics to dynamic routing and powerful track and trace features. How much inventory could be better managed in this segment if there was better visibility into end-to-end cargo flows? But what lies beyond these solutions?

Supply Chain Design Software 63

Supply Chain Design Software Analytics Software Price Reduction Industrial 63

DynaSys

NOVEMBER 17, 2021

Juliette Bruneel joined DynaSys 8 years ago, after many years in inventory planning. Now you help customers discover the new features of the DynaSys solutions with documentation and training material. This includes machine learning, embedded analytics, optimisation engines, and digital twins.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 52

NC State SCRC

NOVEMBER 5, 2016

Contract management analytics are critical for tracking transactional compliance with contract pricing, terms and conditions, but also as a vehicle for workflow management around negotiation of contract renewals, and aggregation of supplier performance data on service level agreements, delivery, quality, and service performance.

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 40

Supply Chain Network

DECEMBER 14, 2013

Networked companies have a single version of information related to inventory status, POs, inventory, shipments, payments and documents. She has also authored The State Of Retailing Online a leading industry benchmark publication. Ballroom 20, Monday, February 24 th , 4:15 pm. Jeff Ashcroft.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Retail 115

6 River Systems

APRIL 23, 2019

Warehousing consists of multiple processes including receiving/documenting incoming products, storing products based on specific warehouse design criteria, picking orders, documenting parts picked, packaging, shipping and documenting damaged/returned parts. The latter question is especially pertinent for B2B environments.

Warehousing 97

Warehousing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 97

6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. Finally, leaders reduce disruption by building buffers throughout the supply network and invest in advanced analytics to improve planning and forecasting accuracy.” Rethink safety stocks.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Logistics Bureau

OCTOBER 31, 2016

If so, prepare to be surprised, because it doesn’t get any more basic than this: Your company must have a documented and commonly understood supply chain strategy. Distribution network optimisation requires specialised resources and analytic skills , so it’s easy to see why it doesn’t always place high on management agendas.

Supply Chain Design Software 40

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Supply Chain Strategy 40

NC State SCRC

DECEMBER 22, 2017

[Linton] co-authored The Living Supply Chain , which argues that “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. ” A control approach creates friction.

Predictive Analytics Software 72

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 72