Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

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. While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. I pressed my neatly folded napkin to my lips. What is an easy definition? Visibility.

Supply Chain Design Software 282

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 282

Supply Chain Game Changer

OCTOBER 4, 2022

Effective supply chain management includes the planning and implementation of several tasks such as acquisition, sources, conversion, and delivery. Partner Expertise In Sourcing. When obtaining resources, services, or data from a third party, a project manager ensures that both internal and external sources are consistent and timely.

Manufacturing Procurement 81

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

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The Clean Cargo Group is a business-to-business sustainability initiative aiming to reduce the environmental impact of the cargo shipping industry, and SAFA is made up of shipping companies, airlines and freight forwarders that are committed to measuring and reducing their carbon dioxide emissions. Photo Credit: United Airlines.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Some examples of these would be the Xeneta Shipping Index, Freightos Freight Rate Index, Container Trade Statistics Price Index, and the Drewry World Container Index. In today’s commercial environ, we are quite fortunate in that these qualitative insights can often be reinforced with more quantitative data.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

USC Consulting Group

APRIL 9, 2021

By collecting, sorting, and analyzing large amounts of data from various sources all at once, data mining helps companies discover valuable patterns and trends in their business operations. What is Data Mining? Data mining is the process of turning raw data points into useful and actionable information. Data Mining in Supply Chain Operations.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 52

Logistics Viewpoints

DECEMBER 1, 2022

The only bright note is that shipping costs will be a fraction of what they were over the last several years. Source: Descartes Datamyne. Chris is a thought leader in logistics and has numerous articles and blog posts published in leading logistics and supply chain publications and online forums across the globe. Figure 1: U.S.

Predictive Analytics Software 199

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 199

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? Stock availability.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Supply Chain Game Changer

NOVEMBER 2, 2022

Supply chain risk management software helps retailers monitor their inventory levels, product prices, sales volume, shipping costs, and other important metrics on a daily basis so they can make smart decisions about inventory levels and pricing strategies before something goes wrong with either one of those things happening.

Supply Chain Planning Software 96

Supply Chain Planning Software Risk Management Supply Chain Software Predictive Analytics Software 96

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

Supply Chain Game Changer

JULY 21, 2021

Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses. Email Address. Get Our EBOOK HERE.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

BlueYonder

JANUARY 24, 2023

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. What is top of mind for them is what the impact is going to be after a disruption and can their operations ship the products to their customers on time. Can we expedite?

Automotive 69

Automotive Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 69

Unleashed

DECEMBER 10, 2023

This article breaks down the key differences between OMS vs ERP. OMS vs ERP: Shared features and functions OMS and ERP systems have similar features and functions, including: Data collection and analysis – OMS and ERP systems collect and store data from various sources, including sales, purchases, inventory, and customer information.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 52

Unleashed

AUGUST 16, 2023

That’s why we’ve used this article to break down what backorders are, how they can be managed efficiently, and the pros and cons of having products on backorder. A backorder is a customer order that could not be fulfilled immediately but will be shipped out once the ordered items become available. What does backorder mean?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

Supply Chain Game Changer

JULY 29, 2021

India’s second wave of Covid article and permission to publish here provided by Ajay Jha. Saudi Arabia shipped 80 Metric tonnes of liquid oxygen to India and Portugal assured 20,000 litres of oxygen per week to India along with 5503 vials of Remdesvir. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

India 105

India Supply Chain Saudi Arabia Portugal 105

SupplyShift

JUNE 10, 2020

Establishing clear decision criteria for managing supply shortfalls is necessary, according to this recent article on MIT Sloan Management Review. The article suggests six tactics for determining who gets what when companies are unable to fulfill all orders. India is the natural choice according to this Harvard Business Review article.

Vendor Strategies 52

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

SupplyShift

JUNE 10, 2020

Establishing clear decision criteria for managing supply shortfalls is necessary, according to this recent article on MIT Sloan Management Review. The article suggests six tactics for determining who gets what when companies are unable to fulfill all orders. India is the natural choice according to this Harvard Business Review article.

Vendor Strategies 52

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

Ware2Go

APRIL 11, 2023

Consumers say the most important sustainable eCommerce practices are: Recycled packaging (47%) Eco-friendly shipping practices (41%) Carrying “green” brands (30%) Promoting conversations about sustainability (26%) And consumers are even willing to vote for sustainable business practices with their wallets.

Examples 52

Examples Sustainability Purchasing Skills Retail 52

Unleashed

FEBRUARY 1, 2023

In this article, we do a deep dive into demand planning and look at what steps, strategies and KPIs can be used to develop best-practice demand planning and forecasting. It ensures inventory is shipped in and held at the right level to match customer demand, even as those demands shift for various reasons. What is demand planning?

Supply and Demand 52

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

RFgen

MARCH 10, 2023

In this article, we will discuss the importance of order picking in warehouse management and how speed and accuracy impact warehouse efficiency. Be sure to measure current order picking metrics, such as: Picking accuracy Picking rate Fill rate On-time rate Travel time You may also need to evaluate other relevant inventory KPIs.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Inventory Reduction Cost Reduction Strategies 52

Ware2Go

APRIL 20, 2022

A report by Oceana estimates that we could circle the world 500 times with just the protective plastic pillows Amazon shipped out in their packages in 2019. A full 66% of consumers said they would be more likely to purchase from a brand with a sustainable shipping option, as long as they could still receive their item in 2 days or less.

Sustainability 59

Sustainability Purchasing Skills Hawaii Procurement Analytics 59

ShipBob

NOVEMBER 24, 2023

In this article, we’ll guide you through the intricacies of inventory segmentation, exploring its benefits, outlining how it can be implemented, and sharing insights into how ShipBob leverages this strategy to optimize our own fulfillment services. These metrics are crucial in determining your segmentation approach.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

Unleashed

MARCH 28, 2021

This will enable you to shape optimal performance and select the best provider based on company requirements such as professional services, transportation, and shipping capabilities. Sourcing new suppliers, trialling products, and negotiating contracts can be costly and time-consuming. This is part of your sourcing roadmap.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

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). And finally, UPS raised a red flag by lowering its full-year EPS expectations.

Logistics Network Optimization Software 130

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

Supply Chain Shaman

MAY 13, 2015

Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed. Instead, I think that it needs to be holistic to balance the trade-offs of source, make and deliver together. (I know… I am showing my age.). Let me continue with my story.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Gravity Supply Chain

MAY 20, 2022

Spire provides real-time information and analytics based on global maritime automatic identification system (AIS) technology—Spire’s constellation of small satellites captures the courses and current status of container ships across the globe. In 1956, manually loading a ship cost $5.86 billion metric tons as of 2017.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

Supply Chain Game Changer

MAY 27, 2020

Post-pandemic article and permission to publish here provided by Joe Carson, CEO of Spend Strategies, LLC. originally or made elsewhere and then shipped into the U.S. Sourcing strategies should be reviewed more frequently and be on the lookout for chess board changes and price dislocations. Subscribe Here! Email Address.

Price Reduction 132

Price Reduction Cost Reduction Strategies Material Savings Purchasing Skills 132

SCMDOJO

JUNE 14, 2023

This article delves into the development of a robust and scalable Orchestration Solution specifically designed for 3PL integration. For instance, a company can define and execute an order processing pipeline with Orchestration, which automates an order’s creation, tracking, and shipping. Select the right 3PL provider.

3PL 79

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 79

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. All of this points to a need for a stronger supply chain risk management program.

Supply Chain Risk Management 52

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

Zipline Logistics

DECEMBER 1, 2020

Gen Z will emerge as the largest consumer group, commanding “$29 to $143 billion” in direct spending, according to an article in Forbes. Those cutting-edge technologies are enabling companies to create personalized nutrition plans for users based on biological metrics. Increased Sourcing Transparency .

Food 52

Food Trends Manufacturing Procurement Procurement Analytics 52

Supply Chain Game Changer

MARCH 23, 2021

These jobs reach far and wide, touching virtually every business process, most metrics, and all functional areas. In this article we’ve given a few examples of this analogy in action. Is Your Supply Chain A Cost Centre or a Value Creator? GET our EBOOK HERE. Supply Chain responsibilities are vast in any organization.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Negotiating Skills 64

Talking Logistics

FEBRUARY 22, 2013

FedEx Helps Small Businesses Streamline Shipping with fedex.com Integration Manager. Transplace delivered more than 50 customer solutions in 2012 using the CombineNet sourcing technology, in industries including consumer goods, chemicals, manufacturing, and retail. Mexico trade.

Optimal Sourcing 100

Optimal Sourcing Logistics Network Optimization Software Manufacturing Procurement Supply Chain Design Software 100

SCMDOJO

AUGUST 4, 2023

In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business. Try thinking of it this way, if you plan to make big profits, you would need to invest and diversify your portfolio into several sources to improve your chance of success.

Inventory Reduction 92

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 92

Talking Logistics

AUGUST 27, 2018

From May 2016 through the end of August 2017, “17 CEOs of public Big Food manufacturers and retailers had departed, or announced their intention to,” according to an article published last September in Fortune. Source: Nulogy. They’re facing unprecedented change.”

Agile and Lean Supply Chain 101

Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Network Software Demand Planning Software 101

ShipBob

OCTOBER 1, 2021

In this article, we’ll discuss why lean supply chains are gaining popularity, why ecommerce retailers should consider moving to lean supply chains, the best lean supply chain techniques, and how to use the right 3PL partner to help you transition to a leaner supply chain. Speeds up order processing and fulfillment.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

ToolsGroup

APRIL 1, 2022

Statistics covered in the article include: How the Supply Chain Crisis is Impacting Businesses and Consumers. Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Source: Consultancy.UK. Image source: Fortune. How Labor Shortages Have Hurt the Supply Chain.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Viewpoints

JULY 19, 2023

Today’s article is the third part in a series featuring surveys from APQC on supply chain topics including last mile and digital transformation. One area of concern for the long-term health of the world is the use of packaging in both the manufacturing and shipping of products.

Sustainability 193

Sustainability Optimal Sourcing Logistics Material Savings 193