QAD

NOVEMBER 8, 2022

In a recent article in MD+DI , QAD Life Sciences Director Jennifer Petrosky describes essential ways to optimize the medical device supply chain. Jennifer focuses on four supply chain approaches to meet quality and efficiency targets and achieve production promises: Broadening multi-sourcing and the use of near shore suppliers.

Optimal Sourcing 96

Optimal Sourcing Supply Chain Optimization Sourcing Strategies Price Mitigation Strategies 96

SCMDOJO

MARCH 19, 2024

This article describes a streamlined supply chain department, ultimately leading to increased productivity and profitability. This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Analyze performance metrics and implement improvements to enhance efficiency.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Opz

JUNE 1, 2014

Then, this article will show how the influencers in supply chain management can be identified. Background In January 2012, Forbes published the article named " Who Are The Top 50 Social Media Power Influencers? " 3) "Average Retweets" or "the average number of retweets each user get per tweet" is used as a ranking metric.

Supply Chain 277

Supply Chain Metrics Michigan SCM 277

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Supply chain data can be challenging to manage due to its unstructured or semi-structured nature and the need to integrate new data sources. To ensure successful integration, they should create a plan with timelines, resources, and evaluation metrics (refer Figure 2).

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logistics Viewpoints

JUNE 29, 2023

This article explores the disruptive nature of supply chain disruptions, the significance of collaboration in managing direct spend, the role of Purchase Order (PO) Collaboration in tracking materials throughout the order cycle, and real-world challenges faced in PO Collaboration.

Manufacturing Procurement 185

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 185

Supply Chain View from the Field

JULY 19, 2013

I learned today that one of the articles I published with colleagues from the University of Tennessee, Oxford University, and Manchester University was cited for the 2013 Emerald citation of Excellence award. Authors of the winning articles receive an official certificate and logo to display on their work.

Innovation 68

Innovation Supply Chain Software Journal Supply Chain 68

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

This proactive approach not only streamlines the sourcing process but also increases the likelihood of finding the right transportation service providers who can meet specific needs and expectations. Freight Procurement The actual Freight Procurement Stage is the heart of the transportation service sourcing process for shippers.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Logistics Bureau

FEBRUARY 6, 2023

Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supply chain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty. Therefore, you can’t improve them.

KPI 83

KPI Supply Chain Strategy Supply Chain Software Supply Chain Design Software 83

Supply Chain Shaman

FEBRUARY 14, 2022

Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Organizations can align to drive value despite the allegiance to functional metrics. While the press is full of articles on the lack of inventory, I allege that we need to rethink inventory. Mistake #5. Measurement.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Logility

NOVEMBER 30, 2020

In almost every supply chain publication, you will find an article discussing digital transformation. Materials and components are sourced from even more remote locations and finished products are being sold into expanding regions and channels. This has never been truer than it is today.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy 179

QAD

JULY 7, 2022

A recent Quality Digest article suggested that “ethical supply chain management is being fueled by consumer demand, profitability, and visibility. The concept of ethical sourcing has risen in popularity during the past four years.” . Consumer Buying Trends.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Procurement Analytics 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

The Logistics & Supply Chain Management Society

MAY 28, 2022

Feature Article by Ryan Tang – Executive Director, APAC?E2open. The focus areas are reducing waste from operations; working with suppliers to ensure sustainability compliance; increasing recycling of materials; following responsible sourcing guidelines and using more renewable energy. Megatrends Shaping Supply Chain Innovation.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

Precoro

JULY 16, 2023

These goals can be expressed as key performance indicators (KPIs) – relevant functional metrics that can be tracked regularly to make sure that the business makes purchases in an efficient way. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Logility

DECEMBER 2, 2020

Source: Nielsen Product Insider, 10/20/2018. According to an article published in the MIT Sloan Management Review, for most companies, becoming sustainable involves a conscious and continuing effort to build long-term value for shareholders. The article listed characteristics of sustainability leaders: 1.

Supply Chain Planning Software 133

Supply Chain Planning Software Sourcing Strategies Supply Chain Planning Scenario Planning 133

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

New Horizon Supply Chain Blog

AUGUST 30, 2023

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Arena Solutions

APRIL 9, 2024

Agile Manufacturing: Streamlining Assembly With ION’s Visual Work Instructions Using ION, manufacturing engineers are immediately empowered with knowledge about the specific tools and parts sourced internally or externally, along with what’s needed for product assembly. Learn more about the Arena PLM and First Resonance Integration.

Manufacturing Procurement 75

Manufacturing Procurement Supply Chain Design Software Manufacturing Analytics Software 75

QAD

AUGUST 26, 2021

However, barriers continue to exist and technology is not always being used to its full potential, as we learn in a recent article , “How to Outsmart AI Business Challenges” in SCM Now Magazine from the Association for Supply Chain Management. To remain competitive, the time for such digital transformation is now. Data Readiness.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 98

Turvo

NOVEMBER 30, 2021

OpenTrack tackles data fragmentation and resolves conflicts to present the source of truth in ocean visibility. Using data collected in real-time from hundreds of sources, they are able to keep a close watch on customers’ cargo and alert them in case of problems. Improved on-time delivery metrics. About Turvo.

Container Tracking 78

Container Tracking Real-time Visibility Supply Chain Design Software Logistics Network Optimization Software 78

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

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

Supply Chain Opz

NOVEMBER 12, 2016

In order to facilitate smooth learning process, this article will show you 10 greatest supply chain management books that can help you accelerate the learning. Therefore, the challenge to establish ranking method is to find more economical data source and unbiased metric. Most books got about 1,000 citations in average.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Gartner Supply Chain Strategy 271

Logility

JUNE 7, 2023

In this article, we’ll shed light on three common mistakes that could undercut your demand forecasting effectiveness and how to avoid them. Markets and customer behaviors change, so relying only on past metrics can skew forecasts. What is Demand Forecasting? Neglecting these can distort your forecast.

Supply and Demand 130

Supply and Demand Demand Planning Software Forecasting Software Forecasting 130

Supply Chain Game Changer

AUGUST 13, 2020

Death of Global Supply Chains article and permission to publish here provided by Sam Jenks at kodiakrating.com. Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121

Enterra Insights

SEPTEMBER 16, 2019

Consumers, activists, and investors increasingly want to know the products they buy are sourced sustainably and ethically. 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.”

Supply Chain Design Software 174

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

NC State SCRC

NOVEMBER 2, 2023

When I was there, an employee’s base pay came every 4 weeks, and it would go up based on hitting certain metrics – Net Sales and Return on Total Assets. The only metric that mattered was how you were doing vs. the market and the competition – were you getting a lower price than Hershey or Nestle? I’ve never seen a culture like that!

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

SCMDOJO

APRIL 9, 2024

Leveraging telematics in logistics makes it easy to access real-time information like vehicle location and status, deviations from planned schedules, traffic situations, driving behavior, vehicle diagnostics, maintenance issues, vehicle metrics that affect fuel efficiency, and more.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

Supply Chain Opz

JANUARY 29, 2020

In this article, we rank books based on their influence, popularity, recency and practicality and then we come up with the list of the best supply chain books. Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. How about its counterpart in Europe?

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 100

Supply Chain Game Changer

SEPTEMBER 28, 2022

Thus a website is your strategic source of revenue and brand visibility , which are important considerations before redesigning your website. The website’s metrics will show which solution is effective and which doesn’t work, informing further redesign efforts. No business can stay afloat in the modern market without a website.

Procurement Analytics 85

Procurement Analytics Supply Chain Design Software Optimal Sourcing Analytics Software 85

Logistics Viewpoints

DECEMBER 1, 2022

Source: Descartes Datamyne. In reality, machine learning is becoming embedded and, as opposed to the over-hyped “redefiner” of supply chain and logistics technology, it took on a more reasonable role as powerful enhancer for determining metrics like estimated-time-of-arrival (ETA), drive times, delivery locations and many others.

Predictive Analytics Software 198

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 198

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. This article is written by guest author Beau Peters. View more of Beau’s articles here. What is Data Mining? Back to top ?.

Supply Chain Planning Software 52

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

Supply Chain Opz

JANUARY 3, 2022

In this article, we will show you 5 books that'll help you learn logistics faster than any other logistics book. The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute sourcing strategies like the world's leading companies.

Logistics Network Optimization Software 130

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

New Horizon Supply Chain Blog

JULY 15, 2022

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S. Adrian Mitchell, CFO, Macy’s, Inc.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

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

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

AUGUST 21, 2022

Thus, logistics for a retailer begins at the source of the goods and extends to their final destination – the brick-and-mortar store. In order to measure the efficiency of your supply chain, companies must track certain metrics. Metrics help to prioritize activities and improve processes.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104