Logility

AUGUST 4, 2023

Whether your definition of value includes on-time, in-full (OTIF), inventory reduction or optimization, transportation spend, speed of decision making, supply chain costs, net working capital, or a myriad of other value measures, you know your business better than anyone.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Vendor Strategies 208

Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. By learning how to calculate it and change it to their advantage, companies can accelerate cash inflow and free up money that would otherwise be tied up in inventory.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Logility

JANUARY 14, 2021

Benchmark Based on Global Survey Highlights Logility’s Leadership in Ease of Use and Driving Rapid Benefits. s current Form 10-K and other reports and documents subsequently filed with the SEC. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimization Software Analytics Software Demand Planning Software 130

Material Handling & Logistics

DECEMBER 3, 2018

But manufacturers have long felt that perfect order performance is an admirable yet unattainable goal. Four separate factors contribute to achieving a “perfect order”: the delivery must arrive complete, on-time, undamaged, and with proper documentation. Share data.

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Inventory Reduction Supply Chain Planning Software 100

Stord

AUGUST 5, 2020

While many companies actively report on direct emissions from and around manufacturing operations, indirect emissions consist of a much broader range of activities and are a significant contributor to the overall carbon footprint. As a shipper, this data is necessary to develop industry benchmarks for carbon footprint.

Waste Reduction 78

Waste Reduction Supply Chain Design Software Inventory Reduction Cost Reduction Strategies 78

Logistics Bureau

OCTOBER 20, 2021

Accurate documentation: This metric tracks the percentage of sales orders accompanied by accurate documents throughout the process. Documents included in the metric can vary but usually include advance shipment notifications (ASNs), labels, and invoices. Inventory Days of Supply. x 0.96 = 0.8661.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. New Study Shows a Rise in US Company Inventories. Source: Commerce Dept. Source: SupplyChainDigest.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Talking Logistics

JULY 19, 2013

On the technology front, LLamasoft announced the release of Data Services, “a new offering that provides reference and benchmark data to LLamasoft customers and others in the supply chain design community…[this data] enables significant reduction in model building time and validates model outputs against realistic standards.”

Logistics Network Optimization Software 132

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 132

6 River Systems

APRIL 23, 2019

Rupy Sawhney is the Heath Fellow in Business and Engineering at the University of Tennessee, combining both fields through his knowledge of lean manufacturing, the optimization of production without a drop off in quality or worker health. responsible for Esphesoft’s portfolio of intelligent document and data capture solutions.

Warehousing 97

Warehousing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 97

Supply Chain View from the Field

APRIL 1, 2015

Step 2 – Develop Metrics and Data Sources. Inventory Goal. Reduce the levels of inventory required to supply customers. Goal: Reduce raw material and WIP inventory to 20 days’ supply or less.). Each metric must be defined carefully, and the source of data (whether from the MRP system, the accounting system, etc.)

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Logistics Viewpoints

JANUARY 23, 2024

The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers. The cameras grab an image of the package as it goes through the tunnel, gets dimensional and weight information, matches that data up with the order, and can also check compliance documentation.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Logistics Bureau

DECEMBER 3, 2017

Supply chain documentation. Functional Fundamentals: Members of SCLA get to learn about the fundamentals of management in every supply chain function, including purchasing, warehousing, and transportation. Warehouse and logistics performance management, measurement, and benchmarking. Inventory management.

Education 40

Education Purchasing Skills Buyer Training Supply Chain Design Software 40

Logistics Bureau

JULY 21, 2017

According to our own research at Logistics Bureau, less than 40% of businesses have documented a strategy for their supply chain operations. While Wal-Mart invested in fleet assets to drive distribution costs down, Kmart persevered with the use of external carriers and did nothing to try and reduce inventory touch-points.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Inventory Reduction Vendor Strategies 45

Logility

AUGUST 5, 2021

This means routinely bringing together the C-suite, finance, supply chain, manufacturing, sales and marketing teams so everyone is seeing, working from and agreeing to an aligned plan that achieves optimal business outcomes. Inventory-based KPIs probably make sense for you, but how will you benchmark results?

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

EMERGE App

DECEMBER 31, 2018

If you’re still not convinced about using inventory management software , then perhaps the benefits might sway you over. Source Sensibly and Sustainably. Or follow your savvy suppliers and manufacturers as they open production lines in another country. Repeat purchases beat finding new customers any time.

Inventory Management Software 60

Inventory Management Software Purchasing Skills Forecasting Software Manufacturing Procurement 60

6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. China trade war has already put regionalization of manufacturing back on the table. Chinese manufacturers did the same as they evolved their operations during the 1990s and early 2000s.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Unleashed

FEBRUARY 28, 2023

More accurate receiving also helps prevent overstocking and understocking by providing clearer data for your inventory replenishment team to rely on. Improve inventory accuracy: Improved receiving efficiency typically leads to improved inventory accuracy. So, how do you measure receiving efficiency in your warehouse?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

Logistics Bureau

MAY 24, 2019

Deere & Company (brand name John Deere) is famed for the manufacture and supply of machinery used in agriculture, construction, and forestry, as well as diesel engines and lawn care equipment. One of the world’s largest manufacturers of computer chips, Intel needs little introduction. Deere & Company.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

6 River Systems

JUNE 25, 2019

To measure the warehouse productivity, the management must apply standard measurements that can be used for operations that occur in the warehouse, for example, perform physical inventory or place goods in the picking area. It helps them learn the products, customers and paperwork (or electronic inventory) system.

Sourcing Strategies 56

Sourcing Strategies Optimal Sourcing Warehousing Supply Chain Design Software 56

Zipline Logistics

JUNE 30, 2020

Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance. Bill of Lading (BOL) — A legally binding document between a shipper and carrier that details all the information needed to process a freight shipment. Typically, detention results in a charge to the consignor.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Strategy 52

RFgen

SEPTEMBER 12, 2019

A commonly overlooked source of ROI is in the cost savings for the day-to-day activities of your line-level employees. Your workers are the muscle that drives daily operations in the warehouse, on the manufacturing floor, the yard, and every area where supply chain processes can be found. Also Read: Why Inventory Accuracy Matters ».

Supply Chain Software 54

Supply Chain Software Warehousing Inventory Reduction Resource Reduction 54

RFgen

SEPTEMBER 12, 2019

A commonly overlooked source of ROI is in the cost savings for the day-to-day activities of your line-level employees. Your workers are the muscle that drives daily operations in the warehouse, on the manufacturing floor, the yard, and every area where supply chain processes can be found. Also Read: Why Inventory Accuracy Matters ».

Supply Chain Software 52

Supply Chain Software Warehousing Inventory Reduction Resource Reduction 52

Logistics Bureau

OCTOBER 31, 2016

On the other hand, if you’re a business leader who must try to juggle supply chain effectiveness with that of marketing, sales, or manufacture, the following sections highlight the supply chain basics that your company must get right in order to maximise revenue and profit. Inventory Management in the Warehouse. “What?”

Supply Chain Design Software 40

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Supply Chain Strategy 40

EMERGE App

MAY 10, 2020

As some of you may know, EMERGE App was born out of an in-house inventory management solution for a custom t-shirt printing business that our founder ran while in school. But it ultimately brought respectable profits and a pivot to the inventory management solution that you see today. It was a painful learning experience!

Purchasing Skills 83

Purchasing Skills Sourcing Strategies Inventory Management Software Inventory Reduction 83

EMERGE App

MAY 10, 2020

As some of you may know, EMERGE App was born out of an in-house inventory management solution for a custom t-shirt printing business that our founder ran while in school. But it ultimately brought respectable profits and a pivot to the inventory management solution that you see today. It was a painful learning experience!

Purchasing Skills 52

Purchasing Skills Sourcing Strategies Material Savings Price Reduction 52

GlobalTranz

MAY 23, 2016

For example, additional insurance may be purchased to cover individual trucks and occupants if the truck driver is at fault or if another driver’s insurance does not pay for damages when the driver of the passenger vehicle is at fault. Essentially, how well customer feedback is handled helps shippers recognize when an audit may be needed.

Freight 136

Freight Shipping Cost Reduction Strategies Inventory Reduction 136

Precoro

AUGUST 31, 2023

Recall how manufacturers had to limit their on-site staff due to coronavirus safety regulations; more recently, food production in Ukraine was disrupted, which in turn affected the sales channels of Ukrainian products and everyone around the world who uses or distributes them. In situations like these, every cent matters.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

RFgen

JANUARY 18, 2024

By hosting on cloud servers, businesses can avoid the costs associated with purchasing and maintaining physical servers. Unified Data Source: With a centralized database, cloud ERP ensures that all employees are working with the same information, reducing discrepancies and enhancing overall data accuracy.

Supply Chain Planning Software 72

Supply Chain Planning Software Procurement Solutions Optimization Software Modeling Software 72

NC State SCRC

DECEMBER 22, 2017

[Linton] co-authored The Living Supply Chain , which argues that “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. ” A control approach creates friction. This is how innovation ultimately occurs.

Predictive Analytics Software 72

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 72