Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Supply Chain Shaman

MAY 19, 2016

According to folklore, if it is cloudy when a Groundhog emerges fro m the burrow, then the forecast of an early spring is predicted. If it is sunny, and the groundhog sees his shadow, then the groundhog retreats back into the hole and the prediction is for winter weather to persist for six more weeks. It is a ritual.

Gartner 167

Gartner Pharmaceutical Predictive Analytics Modeling Software 167

Precoro

DECEMBER 11, 2023

With strategic sourcing, historical and current data are collected in order to analyze established processes, predict market requirements, maximize purchasing power, and align purchasing strategy with organizational objectives. Benchmarks, analysis, and improvements. Data-Driven Approach. Strategic sourcing has to rely on data.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Silvon Software

APRIL 18, 2024

Insights gleaned from robust data analytics enable core business areas to identify opportunities for risk reduction, enhance operational efficiencies, and foster strategic initiatives that drive business growth. For example, using forecasting models to predict quarterly sales and adjust marketing spend accordingly.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Supply Chain Shaman

AUGUST 16, 2015

The goal is deeper analytics to sense and respond across make, source and deliver. 2) Advanced Analytics. Most of the analytics today in B2b networks are descriptive and operate with latency of days and hours. Let’s first examine the opportunity to deepenen analytics. . Figure 2: Evolution of Analytics.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Parade

MARCH 18, 2021

Why Do Truckload Rate Benchmarks Matter? And you can lean on predictive analytics to forecast future rates across the board. Accurate truckload rate benchmarks depend on insight into current loads and market behavior. Use proxy metrics like load-to-truck ratios and tender reject data to assess carrier supply and demand.

Benchmarking 78

Benchmarking Forecasting Software Predictive Analytics Software Analytics Software 78

Parade

MARCH 18, 2021

Why Do Truckload Rate Benchmarks Matter? And you can lean on predictive analytics to forecast future rates across the board. Accurate truckload rate benchmarks depend on insight into current loads and market behavior. Use proxy metrics like load-to-truck ratios and tender reject data to assess carrier supply and demand.

Benchmarking 78

Benchmarking Forecasting Software Predictive Analytics Software Analytics Software 78

Parade

MARCH 18, 2021

Why Do Truckload Rate Benchmarks Matter? And you can lean on predictive analytics to forecast future rates across the board. Accurate truckload rate benchmarks depend on insight into current loads and market behavior. Use proxy metrics like load-to-truck ratios and tender reject data to assess carrier supply and demand.

Benchmarking 78

Benchmarking Forecasting Software Predictive Analytics Software Analytics Software 78

Supply Chain Shaman

APRIL 27, 2016

With cloud-based analytics, non-relational database open source code sharing and advancements in predictive, prescriptive and cognitive analytics, what is old, can become new again. It also does not allow for the deployment of community-based analytics to test and learn. Test/Tune and Then Embrace Analytics.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply Chain Design Software Analytics Software 150

DynaSys

FEBRUARY 3, 2021

Pinpoint the biggest profit-makers in your planning system and then commit to only offering the most predictable and reliable products until the disruption has passed. Income and consumer confidence data, unemployment rates by region and by sector, and sales in benchmark industries like hotels and air travel are worth considering.

Modeling 97

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 97

crisp

JANUARY 24, 2024

Discover how Walmart’s Luminate Charter plan is revolutionizing retail data analytics with these five essential reports for suppliers. Suppliers equipped with detailed insights across all purchasing channels are better positioned to predict trends, adapt strategies, and meet customers exactly where they are.

Procurement Analytics 52

Procurement Analytics Inventory Reduction Report Price Reduction 52

ThroughPut

AUGUST 12, 2021

Higher profitability and revenue predictability. S&OP helps to align demand with supply and avoid metrics of losses that are presented through insufficient supplies or excessive inventories. It also determines achievable benchmarks, creating new profit targets ensuring fulfillment of previous ones. Limited planning ability.

Supply Chain Planning Software 52

Supply Chain Planning Software S&OP Inventory Reduction Scenario Planning 52

Unleashed

FEBRUARY 1, 2023

Demand planning is the process of predicting what customer demand will be for a certain product. The demand planning process can be extremely complex as it requires the analysis of numerous factors, including historic and current datasets and internal analytics. Actual sales vs forecasts This metric is also known as ‘forecast error’.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Zipline Logistics

FEBRUARY 9, 2021

It is critical to leverage transportation analytics to get the most out of your operation. Logistics data refers to the metrics used to track, measure, and benchmark parts of your supply chain’s performance. In this ebook, you will learn how data can be used to identify efficiencies and make logistics improvements.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

2022 Realities vs 2023 Predictions. This methodology and the technology behind it – predictive and prescriptive analytics – are being leveraged in other areas of the supply chain where the value of this level of visibility is recognised. 2022 Realities vs 2023 Predictions. Weathering the Trade Policy Storm.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

Intelligent Audit

JANUARY 17, 2023

The results came from delivery consultancy ShipMatrix, whose annual review of the parcel delivery industry has become a benchmark for carrier performance. . As rates continue to fall, industry metrics are beginning to reflect a new reality for the transportation market. 24, UPS delivered 97.5% of packages on time. of packages on time.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Cost Reduction Strategies Vendor Strategies Supply Chain Planning Software 52

Logistics Viewpoints

MARCH 4, 2021

The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . You can start with daily/operational decisions and work your way to tactical and strategic decisions to evaluate opportunities for integrating the data sources into your planning and analytics platform. .

Supply Chain Planning Software 262

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 262

Requis

OCTOBER 30, 2020

It comes down to understanding of technologies, systems, and analytics. People still need to know the basics, but the big change is in the analytics area. We have a couple of people in our business who are amazing at building online analytics tools to analyze inventory, provide benchmarking, and all sorts of diagnostic tools.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Logility

FEBRUARY 20, 2020

You may give a little on predictive power, but you’ll gain a better long-term view of your business and have an easier time explaining your forecasts to management. More data is a bad idea In the age of big data, you may be advised to throw all your data into the big analytical melting pot and let the computer sort it out.

Forecasting Software 148

Forecasting Software Forecasting Modeling Software Predictive Analytics Software 148

Intelligent Audit

AUGUST 3, 2021

The importance of analytics within the modern supply chain network has never been more apparent or critical than today’s market. The lack of end-to-end visibility and applicable metrics has made it difficult for parcel carrier s and shippers to envision the value of data and analytics within their network systems.

Analytics Software 52

Analytics Software Predictive Analytics Supply Chain Planning Software Analytics 52

The Logistics of Logistics

DECEMBER 19, 2020

Convoy uses technology and data to solve problems of waste and inefficiency in the $800B trucking industry, which generates over 72 million metric tons of wasted CO2 emissions from empty trucks. Additionally, Convoy provides an automated quote benchmark, which compares the bid to the market. Phase 2 – Pre-Transit.

Shipping 130

Shipping Waste Reduction Negotiating Skills Montana 130

ShipBob

APRIL 15, 2024

That’s why you need to closely measure metrics such as gross margin return on investment (GMROI). This metric doesn’t just account for the cost of buying inventory. These two metrics can be calculated using their respective formulae. puts it far behind the competition, as the GMROI benchmark in this industry for 2021 is $3.90.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Lucas

JULY 3, 2018

WERC’s Annual DC Measures Survey is a great tool for benchmarking your distribution center and warehouse operations, but it’s also a valuable resource for identifying trends across the industry. This year’s survey showed the growing importance of labor-related metrics in assessing DC performance. Annual workforce turnover.

DC 11

DC Survey Supply Chain Planning Software Analytics Software 11

Intelligent Audit

OCTOBER 26, 2021

The long-term solution is the use of business intelligence and analytics to provide visibility and mitigate shipping surcharges regardless of their seasonality and rationale. The application of a single source of truth in data management and analytics depends on actionable insights. supply chains.”

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 52

Logistics Viewpoints

JANUARY 23, 2024

Snowflake is a cloud computing–based data cloud company that offers a cloud-based data storage and analytics service, generally termed “data-as-a-service.” Retailers can make changes to the lead times, predict supply chain disruptions, change a store to an e-commerce site, and see what will happen across the supply chain network.

Supply Chain Planning Software 211

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 211

Alloy

OCTOBER 3, 2023

An Introduction to Walmart Luminate Listen to the full episode of the Shelf Life Podcast on Walmart Luminate Walmart Luminate is the retailer’s new data, analytics and reporting tool for suppliers — and it represents a massive step forward in retailer-supplier collaboration. What you will learn in this article What is Walmart Luminate?

Procurement Analytics 52

Procurement Analytics Analytics Software Forecasting Software Predictive Analytics Software 52

Supply Chain Management and Analytics

MARCH 5, 2021

The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . You can start with daily/operational decisions and work your way to tactical and strategic decisions to evaluate opportunities for integrating the data sources into your planning and analytics platform. .

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 52

Elementum

FEBRUARY 7, 2024

They ensure that every step of a business process is effectively executed, often in conjunction with predictive analytics and artificial intelligence. Supply Chain Efficiency: IoT devices and BPA tools provide real-time visibility into the supply chain, allowing for predictive maintenance and optimized inventory levels.

Resource Reduction 78

Resource Reduction Optimization Software Waste Reduction Cost Reduction Strategies 78

SYSPRO Smarter ERP

JANUARY 23, 2023

It allows businesses to set benchmarks, track progress and then communicate how their ESG goals are being met. Because an ERP system provides a comprehensive view of a company’s operations, it can be used for tracking and reporting on ESG metrics. Companies will therefore be obliged to publish sustainability information.

Waste Reduction 111

Waste Reduction Report Optimal Sourcing Price Reduction 111

ShipBob

NOVEMBER 15, 2022

Understanding your key performance metrics, sales data, site performance, and channel efficiency will uncover meaningful insights about your business and customer loyalty. Read on to answer: What are Shopify data analytics? What are different types of Shopify reports and metrics? Note which key metrics to keep a pulse on.

Procurement Analytics 52

Procurement Analytics Analytics Software Predictive Analytics Analytics 52

QAD

OCTOBER 29, 2020

Traditional metrics like OEE distract from true EBITDA gains while eroding working capital, straining employees and shrinking margins for packaging manufacturers. A packaging manufacturer can bridge the gap between the old and new OEE concepts by migrating to a collaborative system that benchmarks the entire business.

Supply Chain Planning Software 75

Supply Chain Planning Software Analytics Software Predictive Analytics Software Optimization Software 75

Cognira

NOVEMBER 28, 2023

Consumers leverage AI-powered benchmarking tools to track the price of their favorite items and make the purchase once it hits its lowest point. The company is working on a sustainability strategy with measurable targets and well-identified metrics, aiming for a carbon-neutral supply chain and a major waste reduction across all operations.

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

Supply Chain Network

JANUARY 15, 2013

. - New software made in IBM Labs that incorporates social media data into campaign metrics to tell sellers which channels are the most effective. New Real-time Marketing Analytics Help CMOs Personalize the Buying Experience. “To be Canada’s number one online shopping destination, SHOP.CA

Analytics Software 79

Analytics Software Supply Chain Network Software Modeling Software Procurement Solutions 79

SCMDOJO

MARCH 19, 2024

These tools can help research competitors’ SEO and content strategies to benchmark performance. The success of the emails can be tracked through metrics such as bounce, click-through, and conversion rates. This can uncover gaps to fill or best practices to implement to outperform rivals.

Supply Chain Visibility 78

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 78

Unleashed

MARCH 30, 2022

It’s a way of using real-world analytical data to spot when a particular process is starting to get ‘out of control’, so that you can intervene in a strategic manner. Using data over a period of time allows you to create benchmarks that you can measure future performance against. Build data that you can use to optimise over time.

Manufacturing Procurement 98

Manufacturing Procurement Six Sigma Inventory Management Software Manufacturing 98

Intelligent Audit

NOVEMBER 5, 2021

” When the market is stable and there is minimal volatility to worry about, shipping GRIs would only take place at scheduled intervals to deal with predictable cost increases and added fees related to cost of living similar increases. Benchmarking Capabilities. Implement SKU Level Analytics. Track Cross-Industry Metrics.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

Supply Chain Shaman

JUNE 6, 2015

I was running a factory, and I made a bet with the production team that I could schedule the lines through a heavy summer period and predict production needs adequately to predict when they could get weekends off to spend with their families. I used history to predict the future. If I won, they would cook me dinner. It was 1988.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150