Logistics Bureau

APRIL 4, 2022

The answer is to benchmark your freight, of course. At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now. What is Freight Benchmarking?

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

Proxima

AUGUST 24, 2023

Time is running out to start translating intention into action The Scope 3 Maturity Benchmark has shown us that businesses have good intentions but are struggling to make meaningful progress. Fresh and relevant data is a huge asset Accurate and real-time data is key for measuring progress.

Benchmarking 52

Benchmarking Supply Chain Planning Software Cost Reduction Strategies Optimal Sourcing 52

Proxima

AUGUST 24, 2023

Time is running out to start translating intention into action The Scope 3 Maturity Benchmark has shown us that businesses have good intentions but are struggling to make meaningful progress. Fresh and relevant data is a huge asset Accurate and real-time data is key for measuring progress.

Benchmarking 52

Benchmarking Supply Chain Planning Software Cost Reduction Strategies Optimal Sourcing 52

Supply Chain Shaman

JULY 19, 2015

Benchmarking is a measurement of the quality of an organization’s policies, products, programs or strategies against standard measurements. Today, I am going to share five insights that I have gleaned from our work on Supply Chain Planning Benchmarking. Benchmarking is not Benchmarking. Business Dictionary.com.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

NFI Industries

MAY 2, 2017

There is more data available today than ever before 1. Collecting data and utilizing that data to establish performance benchmarks is extremely valuable. These benchmarking metrics can be used to compare performance factors against competitors, industry averages, and previous performance metrics.

Benchmarking 63

Benchmarking Data Metrics Analysis 63

ToolsGroup

JANUARY 3, 2017

The ToolsGroup customer base of more than 300 companies has allowed us to access a wide array of supply chain planning data for benchmarking in different industries and different circumstances. Bear in mind that it is not always easy to establish homogeneous and comparable benchmarking measurements. Dispersed data.

Benchmarking 168

Benchmarking Supply Chain Planning Scenario Planning Forecasting 168

Supply Chain Insights

JANUARY 9, 2024

The Supply Chains to Admire methodology is a data-driven evaluation to attempt to define excellence. The goal is to help recognize top performers while giving benchmarks for all companies to drive supply chain excellence. Supply Chains to Admire 2023 - Report v4.0 Abstract Supply chain excellence is easier to say than define.

Supply Chain 259

Supply Chain Benchmarking Analysis Supply and Demand 259

Logility

JANUARY 12, 2021

You’re committed to rolling out an analytics platform across your supply chain and you have tons of data. So how do you turn that data into actionable information? There is a continuum in terms of the presentation of data that allows for continuous sophistication in understanding and interpreting data. Benchmarking.

Prescriptive Analytics Software 131

Prescriptive Analytics Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 131

Logistics Bureau

APRIL 19, 2021

I have benchmarked supply chains for businesses all over the world for 25 years or so and have seen some incredible results. If you’ve never done a benchmarking exercise before, read on. The Benefits of Benchmarking. The Benefits of Benchmarking. You might be wondering what the benefits are of benchmarking.

Benchmarking 98

Benchmarking Supply Chain Performance Supply Chain Exercises 98

Logistics Bureau

NOVEMBER 8, 2021

Well, not just for benchmarking, but also for maximum visibility of your supply chain and logistics performance. If yours is not one of those businesses, and you’re confident in your KPI suite and the relevance of the data it provides, congratulations! That application is called supply chain benchmarking. How hard can that be?”

Benchmarking 67

Benchmarking KPI Supply Chain Strategy Supply Chain Software 67

Logistics Bureau

OCTOBER 19, 2020

Well, I asked Steven Thacker, one of our benchmarking management experts, exactly that question! What is Benchmarking? Benchmarking is essentially comparing; comparing one against another. Those levels are “benchmarks”. Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere.

Benchmarking 52

Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

Proxima

NOVEMBER 2, 2022

The fixation with perfect data, which doesn’t exist yet, is distracting from starting on the simple. There are plenty of challengers who are working around or taking down the obstacles, plenty of places to share data and ideas or create the more focused collaborations that lead to meaningful demand. The one I want to shout about today?

Benchmarking 52

Benchmarking Resource Reduction Modeling Modeling Software 52

ivalua

SEPTEMBER 10, 2019

Data is beyond critical to Procurement Operations. It’s everything, and the burden falls on procurement leaders to capture pertinent data to build good teams, track performance and show value. 5 Ensure data visibility – Electronic data is critical to have the meaningful information for business decisions.

Negotiate Pricing 140

Negotiate Pricing Metrics Supply Chain Software Benchmarking 140

Freightos

APRIL 15, 2024

More Resources Home The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization Eytan Buchman April 15, 2024 Dive deeper into freight data that matters Learn More The March 26th Francis Scott Key Bridge allision feels shocking. He’s obsessed with marketing, data storytelling (it’s a thing!)

Freight 269

Freight Logistics Network Optimization Software Global Supply Chain Network Software 269

Talking Logistics

JANUARY 31, 2017

In other words, if a planner receives multiple spot quotes for a load, the best he or she can do is a comparative analysis between the quotes without a benchmark. Technology vs. Manual Benchmarking Approach. The benchmark itself in this instance could be reflective of two different approaches.

Benchmarking 100

Benchmarking Negotiating Skills Cost Reduction Strategies Resource Reduction 100

Supply Chain Collaborator

JULY 25, 2016

Here are some closely guarded secrets from super users of TMS solutions regarding how they’re leveraging the captured transportation data and harnessing it to supercharge their TMS results. Benchmarking TMS data improves and enhances service levels by providing comparisons of customer service-related activities. . _.

Benchmarking 60

Benchmarking Data Logistics Network Optimization Software Supply Chain Software 60

The Logistics of Logistics

AUGUST 28, 2023

She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools. About Sarah Bertram Sarah Bertram is a Shipper Sales Manager at DAT. The Greenscreens.ai

Logistics Network Optimization Software 240

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Supply Chain Network Software 240

CHAINalytics

JULY 24, 2017

By Steve Banker July 24, 2017 Companies love benchmarking data. Bad benchmarking data gives companies the illusion they are running their business professionally. It is often the opposite; bad benchmarking often leads to poor decisions. It is often the opposite; bad benchmarking often leads to poor decisions.

Benchmarking 60

Benchmarking Data Supply and Demand Company 60

Supply Chain Movement

APRIL 22, 2016

The need to benchmark supply chain performance runs deep in many companies. Once they understand the data, companies struggle with how to translate those conclusions into decisions and, ultimately, into prioritized projects to achieve company goals. Six key factors.

Benchmarking 60

Benchmarking Supply Chain Planning Software Gartner Pharmaceutical 60

Logistics Viewpoints

APRIL 24, 2024

Data Visibility. Data is at the center of all decisions across the supply chain. IQ : this leverages data science techniques to improve slotting results for large and complex inventories. Körber Elevate: Insights The final pillar is all about leveraging data for more valuable insights, which allows for better decision making.

Course 225

Course Supply Chain Planning Software Predictive Analytics Software Optimization Software 225

The Logistics of Logistics

SEPTEMBER 15, 2023

About Sarah Ahern Sarah Ahern is a trailblazing female leader and mentor in data and business management, a 4x entrepreneur with a social impact focus, and a builder in the woman-owned business community and beyond. Use data to know who their best customers are and what they want – exceptional companies don’t guess.

Price Reduction 222

Price Reduction Company Supply Chain Strategy North America 222

Logistics Bureau

AUGUST 16, 2017

Well, I asked Steven Thacker one of our benchmarking management experts, exactly that question! What is Benchmarking? Benchmarking is essentially comparing; comparing one against another. Those levels are “benchmarks”. Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere.

Benchmarking 40

Benchmarking How To KPI Agile and Lean Supply Chain 40

Supply Chain Brain

AUGUST 21, 2020

Now in its ninth year, E2open’s 2019 Forecasting and Inventory Benchmark Study is the most consistent, comprehensive and useful study of its kind. What’s more, the data from this study doesn’t come from surveys and questionnaires, it is sourced from real data from E2open’s diverse customer base.

Forecasting 40

Forecasting Benchmarking Study Inventory Reduction 40

CHAINalytics

JANUARY 9, 2018

FMIC Pulse provides new levels of data … The post Chainalytics’ Freight Market Intelligence Consortium (FMIC) Introduces Real-time Transportation Benchmarking Solution with FMIC Pulse appeared first on Chainalytics.

Benchmarking 0

Benchmarking Analytics Software Freight Transportation 0

Logistics Viewpoints

MARCH 27, 2023

It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. APQC – a benchmarking, best practices, and performance improvement organization – is one place you can get these numbers. Other external data, like industry data or economic data, is used for other types of forecasts.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Logistics Viewpoints

AUGUST 15, 2022

A MSCN is a collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. Both ERP based procurement and spend management solutions have supplier master data. Networks and Benchmarking.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Logistics Viewpoints

FEBRUARY 14, 2024

Having visibility across the entire supply chain can help leaders anticipate and mitigate some risks and make quicker, data-driven decisions in the face of uncertainty. Emerging technologies are helping supply chain professionals make sense of ever-increasing amounts of data from internal and external sources.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 246

Freight Plus

JUNE 11, 2018

A typical answer we receive when we ask a perspective client if they've done a supply chain benchmark is, "what is a supply chain benchmark?". That answer is simple - a supply chain benchmark is no different than any other type of benchmark. It's a comparison between one or more things where performance is measured.

Benchmarking 40

Benchmarking Supply Chain Planning Software Supply Chain Planning Supply Chain 40

Talking Logistics

SEPTEMBER 4, 2022

The good news is that companies today have greater access to real-time benchmarking data and market intelligence. Read more [Video] Why Benchmarking is the First Step to a Successful Freight Procurement Event. The good news is that companies today have greater access to real-time benchmarking data and market intelligence.

Benchmarking 130

Benchmarking Video Procurement Freight 130

Freight Plus

MARCH 22, 2019

A typical answer we receive when we ask a perspective client if they've done a supply chain benchmark is, "what is a supply chain benchmark?". That answer is simple - a supply chain benchmark is no different than any other type of benchmark. (listen to this article). The Objective. Improve performance –. The Components.

Benchmarking 40

Benchmarking Supply Chain Planning Software Supply Chain Planning Supply Chain 40

Arkieva

MAY 12, 2016

Deriving a strategic benchmark for Product Leadership, Operational Excellence and Customer Intimacy in the Supply Chain Triangle. From the benchmark data gathered in the previous sections and the previous blogs, we can distill the benchmark for Product Leadership, Operational Excellence and Customer Intimacy, shown in Figure 9.

Benchmarking 60

Benchmarking Inventory Reduction Supply Chain Strategy Cost Reduction Strategies 60

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. Doing so requires access to a vast set of data to understand your current sales and inventory positions, however. It’s not a simple proposition, however.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Arkieva

MAY 10, 2016

A next logical question is if we can somehow capture this from publicly available financial data and benchmark companies on this strategic level. Many technology companies give data on their R&D expense in their financial reports. Extending the analysis to extra benchmark companies. Inventory turns are available.

Benchmarking 60

Benchmarking Expense Reduction Inventory Reduction Cost Reduction Strategies 60

Logility

MARCH 6, 2020

Ability to ingest and use a broad range of data; a system that is ‘greedy’ for data that yield new insights. Ability to update constantly on the most recent data, and models that quickly ’find their level’ and adapt to regime changes. Greed for more data.

Forecasting 260

Forecasting Supply and Demand Forecasting Software Modeling 260

Logistics Viewpoints

APRIL 5, 2023

Most recently, the APQC has conducted best practice and benchmarking research on digital transformation. This survey-based research gathers quantitative data as well as information on practices or performance drivers. From a maturity standpoint, the majority of respondents are digitizing data and processes.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Analytics Software Predictive Analytics Software Inventory Management Software 246

The Logistics & Supply Chain Management Society

MARCH 14, 2023

What tools we can use to benchmark ocean freight and carriers’ service reliability? Types of Ocean Freight Contract POSSIBLE TOOLS FOR BENCHMARKING RATES Like in any industry, we gather market Intelligence through our own network. This network could be customers, other shippers and also carriers, and 3PLs.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Logistics Viewpoints

JANUARY 3, 2023

Direct access to customer data through D2C enables product improvement, innovation, and transition opportunities. Better and faster feedback on your short life-cycle products: In this “build anywhere, sell everywhere” world, CPG product life cycles continue to get shorter.

Modeling 201

Modeling Supply and Demand Supply Chain Optimization Optimization Modeling 201