SCMDOJO

MARCH 19, 2024

This article describes a streamlined supply chain department, ultimately leading to increased productivity and profitability. Analyze performance metrics and implement improvements to enhance efficiency. To run the department, a supply chain manager needs certain supply chain metrics and KPIs to improve performance.

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 79

Supply Chain Game Changer

NOVEMBER 3, 2022

This tool allows you to exchange electronic documents like orders, invoices, and shipping notices via an electronic data network (EDN). For example, if you want to improve customer satisfaction in the supply chain, you could use data analytics to track and measure key metrics like delivery time or order accuracy rates.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

Kanban Logistics

OCTOBER 31, 2023

In this article, we’ll tell you a little about what a 3PL warehousing operation looks like and give you 5 benefits that an outsourced 3PL relationship can have for your business. Continuous improvement For most companies, it is important that their 3PL partner has a documented continuous improvement program (CIP) in place.

Warehousing 52

Warehousing 3PL Supply and Demand Logistics Network Optimization Software 52

Supply Chain Shaman

MARCH 5, 2019

My client writhed in her seat and hung her head as she asked, “I read your article on control towers, but I am confused. The focus is on functional metrics, but are unable to get to overall supply chain metrics. Pictures, images, text, email, sentiment, contracts, documents are all areas of opportunity. Design Thinking.

Supply Chain Design Software 272

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 272

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

However, generative AI can extract insights from documents like waybills, quality reports, and customer feedback and feed it into AI models to optimize various aspects of the supply chain based on historical supply chain data. Furthermore, generative AI can generate text, images, and code, potentially speeding up administrative tasks.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Turvo

SEPTEMBER 29, 2021

Eliminate Confusion With Digital Document Management. Another way to navigate the current market is by implementing technology like digital document management. This can consolidate the amount of manual documentation while instantly uploading the files. Monitoring these can decrease supply chain disruption and confusion. .

Supply Chain Disruption 76

Supply Chain Disruption Logistics Network Optimization Software Analytics Software Optimization Software 76

Supply Chain Game Changer

AUGUST 30, 2021

Must read books article and permission to publish here provided by Joshua Robinson. The authors document the advantages of lean production over mass production and offer guidance to leaders in every industry wanting to transform traditional enterprises with lean production. Subscribe Here! Email Address.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

Precoro

MAY 22, 2023

This article encompasses the best practices for planning and executing successful IT procurement strategies. Typically in the form of a document, it entails formulating defined objectives, determining vendor selection criteria, choosing a budget, and establishing a timeframe for execution.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

QAD

FEBRUARY 7, 2023

Peter Kraljic, a director at McKinsey & Company, coined the term “supplier relationship management” in 1983 in an article that proposed segmenting a business’ supplier base and mapping it against risk and profitability. This requires establishing KPIs and specific metrics of success to assess performance against.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

SupplyPike

APRIL 10, 2020

Supply chain visibility is crucial during this time, and as such, paper documents are out. Bills of Lading (BOLs) and Proofs of Delivery (PODs) are usually physical documents, but technology such as EDI can help reduce the paper trail. Digitization of paperwork helps with managing supply chain risk and visibility. Other considerations.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

QAD

JULY 7, 2022

A recent Quality Digest article suggested that “ethical supply chain management is being fueled by consumer demand, profitability, and visibility. A 2021 Deloitte study documented how 43% of UK consumers selected brands based on environmentally sustainable values. Consumer Buying Trends. A similar study in the U.S.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Procurement Analytics 98

Turvo

DECEMBER 9, 2021

Integrated, Digital Document Management. Integrating a freight broker TMS empowers logistic organizations with digital document sharing and a visual timeline of activities. Using this streamlined approach ensures that the information doesn’t get lost, magnifying the accuracy of proper documentation accessible at the click of a button.

Analytics Software 72

Analytics Software Supply Chain Planning Software Supply Chain Network Software Predictive Analytics Software 72

Supply Chain Opz

MARCH 31, 2015

In this article, we will uncover the best purchasing books to help you get the edge over competition. Background Historically, purchasing people are considered a kind of clerical workers who are expected to perform basic tasks such as document issuance and price negotiation. Of course, this metric will not be used in isolation.

Procurement Analytics 100

Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing Negotiating Skills 100

Supply Chain Game Changer

OCTOBER 4, 2022

In this article on Project Management for Injection Molding, we will discuss the most important aspects of distribution chain and program management responsibilities, as well as how they might assist production methods in the injection molding process and its successful undertaking. Distribution Network And Manufacturing Performance Metrics.

Manufacturing Procurement 81

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 81

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. The sourcing team, in cooperation with procurement specialists and management, establishes performance metrics (KPIs, key performance metrics) and monitors sourcing success.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Supply Chain Trend

DECEMBER 22, 2023

Many which I’ve highlighted over the years in blogs and articles. Then, as a response to the ‘touchless planning’ hype, I published an article in 2019 about what is really required for ‘autonomous planning’. This is what my colleague Hein Regeer and I proposed in our 2021 Foresight article (See figure 5).

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

Unleashed

APRIL 10, 2023

This article breaks down 11 of the most effective process improvement techniques in manufacturing that you can implement in your workplace today. The techniques covered in this article seek to maximise the ROI of your organisation by analysing your systems and identifying imperfect processes ripe for improvement.

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste Reduction 52

Exiger Perspectives

APRIL 3, 2023

In this article, we will review why a supply chain risk management framework is needed. The metrics of the Executive Order deem the need for a strong supply chain risk management framework in business ecosystems. Strategic: Agree to and document a broad risk appetite statement. Tactical: Monitor risk indicators continuously.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

Logility

APRIL 3, 2018

In almost every new supply chain focused industry periodical, you will find an article discussing transformation or digitization. Start with documenting the “As-Is” process capabilities and corresponding key performance metrics.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 100

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. Embracing sustainability as a goal and metric that you scorecard suppliers on is a good place to start to get ready for this trend that will become a staple in how successful companies do business.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

Enterra Insights

SEPTEMBER 16, 2019

The article cites Dr. Darren Prokop, of the University of Anchorage Alaska, who explains supply chain visibility involves seeing “a particular activity with access to information at selected nodes.” performance-based metrics. ”[3]. ” Still confused? Transparency milestones include: codes of conduct.

Supply Chain Design Software 174

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 174

Logistics Viewpoints

NOVEMBER 23, 2020

This article will focus on the actions Ipsen took to never stock out. All of those stockouts were extremely small; Ipsen’s metrics counts a stock out for any product not immediately available in any nation, even if typical monthly sales are just a few units. “Our culture is to never fail.”. Ipsen had two additional goals.

Customer Service 192

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 192

Talking Logistics

JUNE 10, 2015

The good news is that researchers and progressive companies are developing new approaches to supply chain risk management and supply chain mapping, as two recent articles in Harvard Business Review illustrate. For this purpose, we created a new metric that we call “time to survive” (TTS).

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Software Supply Chain Strategy 100

New Horizon Supply Chain Blog

OCTOBER 21, 2022

In the past, the model was provided in an approximately 1000-page PDF document, detailing processes and metrics down to three levels of granularity. They are calling the new update the SCOR Digital Standard, or SCOR DS for short, because it is available in an interactive digital format.

Modeling Software 52

Modeling Software Modeling Sourcing Strategies Gartner 52

Logility

MAY 7, 2020

This article will discuss the opportunity generated from the explosion of supply chain planning data and the necessity for digital supply chain transformation. Attainable Benefits: The benefits from the use of Big Data are numerous and well documented. Exponential Growth in Supply Chain Data.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

Unleashed

AUGUST 23, 2023

This article untangles the jargon of warehouse logistics, explores its benefits and challenges, and breaks down the best practices that can help improve supply chain management. In an ideal world, documentation is always kept up to date, but human error and other glitches create issues.

Warehousing 52

Warehousing Logistics Network Optimization Software Supply Chain Design Software Inventory Management Software 52

Supply Chain Game Changer

MAY 12, 2021

Featuring Our 12 Best Procurement Articles! New age of negotiation article and permission to publish here provided by Sam Jenks at kodiakrating.com. A “100-page-plus document was filled with “supplier shall” statements that detailed FedEx’s obligations and outlined dozens of metrics for how Dell would measure success.

Negotiating Skills 69

Negotiating Skills Negotiate Pricing Buyer Training Expense Reduction 69

Turvo

SEPTEMBER 16, 2021

What’s in this Sustainable Supply Chain article : The problem of carbon emissions and waste derived from supply chains. This includes analyzing volumes, distances, and mode selections, and documenting inefficient modes, routing, and empty miles that flow from poor utilization.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Analytics Software Supply Chain Network Software 70

Supply Chain Opz

JANUARY 5, 2015

In this article, we will show you 7 elements of Lenovo''s supply chain operations from the book " The Lenovo Way: Managing a Diverse Global Company for Optimal Performance ". (1) 3) Clarify Corporate Culture: they believe corporate culture should be something actionable, not just a vague documentation.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Gartner Supply Chain Planning Software Supply Chain Optimization 100

Supply Chain Game Changer

NOVEMBER 9, 2022

Adequate preparation: You can fast-track the process for your consultant by getting all the documents ready before their arrival. Follow-up : Instead of taking the backseat, you should have metrics that help you tell the performance of your consultant. Thus, it’d help if you communicated the need and purpose of the consultant.

Resource Reduction 86

Resource Reduction Expense Reduction Price Mitigation Strategies Supply Chain Strategy 86

Talking Logistics

JULY 19, 2013

As I’ve commented in previous postings, if you are a 3PL or transportation company and you’re not involved in cross-border shipping with Mexico, then you are missing out on a growing business opportunity (see Reuters article from December 2012). ” I wonder if Mr.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 130

Talking Logistics

MAY 8, 2013

The company is also stopping production in Ecuador, Venezuela, Belarus and Pakistan by April 2014 (these countries scored low in a World Bank report that assessed countries on accountability, corruption, violence, and other metrics). And as I highlighted last week, according to an article in the Wall Street Journal , “Wal-Mart Stores Inc.,

Supply Chain Planning Software 237

Supply Chain Planning Software Bangladesh Supply Chain Planning Supply Chain 237

DynaSys

JANUARY 20, 2021

A Three Part Article Series from QAD DynaSys – Greatest challenges to your supply chain. Part Two of our three part article series. To recover from this pandemic have documented plans in place for the following: Headcount ramp up Workplace safety to prevent COVID-19 spread Outbreak readiness.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Optimization 98

SCMDOJO

APRIL 11, 2023

In this article, we’ll take a closer look at the top 10 supply chain management courses that can take your career to the next level. In the last section, the course introduces performance metric design and organizational design within the supply chain organization, focusing mainly on the centralize/decentralize decision.

Supply Chain Design Software 115

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 115

Talking Logistics

JUNE 22, 2015

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 billion barrels over the lifetime of the vehicles sold under the program.

Vendor Strategies 100

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 100

Arkieva

JANUARY 20, 2017

Using Metrics/Key Performance indicators that measure how well the shippers and transportation providers do promotes daily continuous improvement. Any detected waste needs to be documented and followed by problem-solving. Shippers should view transportation providers as strategic partners instead of transactional partners.

Optimal Sourcing 60

Optimal Sourcing Waste Reduction Agile and Lean Supply Chain Inventory Reduction 60

Freight Plus

NOVEMBER 28, 2018

(. Listen to this article. ). Come up with a set of internal metrics that will go towards eliminating problem areas. Vendor Compliance Programs and the scorecards they're graded against are no longer simply about document transfer. If your vendor chargebacks are increasing, you're not alone. Technology. Is your EDI up to snuff?

Vendor Strategies 40

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 40