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

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. These functions include procurement, production planning, inventory management, logistics, and customer service. Optimize inventory levels to meet demand efficiently. Enroll Now!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

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

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

Logility

MARCH 12, 2021

Some years ago, a 40-year-old Midwest process manufacturer with 40,000 SKUs finally completed implementing a new ERP system and quickly worked to combine all the new data with an array of other operational software, producing tons of new data daily. Time series forecasting is predictive – but that’s well documented.

Supply and Demand 191

Supply and Demand Prescriptive Analytics Software Demand Planning Modeling 191

Precoro

SEPTEMBER 4, 2023

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. The cash conversion cycle is represented as a period of time that indicates how long it takes a business to turn its investments in inventory into money from customers.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

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. This and much more, in your Monday supply chain briefing from Arkieva.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Arkieva

NOVEMBER 15, 2016

Our whitepaper on Supply Chain Management Assessment outlines four main areas that should be the focal point of your supply chain management assessment, namely: The level of coordination between different operations from forecasting to manufacturing to order fulfillment as well as the effectiveness of the current supply chain planning operations.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 60

Supply Chain Shaman

MARCH 12, 2014

As we have outsourced logistics and manufacturing, I firmly believe that we need to get more serious about the building of Business-to-Business (B2B) networks. These are one-to-many and many-to-many architectures that connect logistics providers, contract manufacturers and suppliers into true supply networks. Digital Manufacturing.

Supply Chain Planning Software 314

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Gartner 314

QAD

MAY 16, 2019

The MMOG/LE assessment has been a go-to document for automotive supply chain best practices for thousands of global Tier 1 and Tier 2 suppliers since its first publication in 2002. Benchmark supply chain operations. MMOG/LE is used by automotive customers to select and evaluate production and parts, service and warehousing processes.

Supply Chain Planning Software 101

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 101

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

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

RFgen

JULY 21, 2015

Here are five steps managers should take to create an inventory environment ready for successful training for warehouse workers: 1. Manufacturers need skilled labor. The Society for Human Resource Management suggested conducting skill inventories of warehouse crews. If companies do not set benchmarks, employees will.

Buyer Training 52

Buyer Training Training Price Mitigation Strategies Supply Chain Design Software 52

RFgen

JULY 21, 2015

Here are five steps managers should take to create an inventory environment ready for successful training: 1. Manufacturers need skilled labor. The Society for Human Resource Management suggested conducting skill inventories of warehouse crews. If companies do not set benchmarks, employees will. Find the Right People.

Buyer Training 52

Buyer Training Training Price Mitigation Strategies Supply Chain Design Software 52

Supply Chain View from the Field

APRIL 1, 2015

Inventory Goal. Reduce the levels of inventory required to supply customers. Goal: Reduce raw material and WIP inventory to 20 days’ supply or less.). must be identified and formally documented. Step 5: Measure Current Performance and Benchmark with Best-in-Class Competitors. Cost Reduction Goal.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Precoro

SEPTEMBER 6, 2021

For instance, if your company requires raw materials to manufacture its products, you first choose where to procure these materials, send a purchase order to the selected supplier, and pay for delivered items. Both are business documents that announce a project and ask for bids to assess each vendor’s ability to complete this project.

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Logistics Viewpoints

JANUARY 23, 2024

Zebra Technologies and FourKites The Zebra Technologies booth highlighted a number of supply chain-focused partnerships, including an e-commerce packing and sortation conveyor and AI powered inventory management application. Infor is able to use its visibility application to dynamically update ETAs and look at the impact on inventory.

Supply Chain Planning Software 209

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

FLEXE

MARCH 21, 2017

In supply chain, traditional methods for managing inventory fluctuations with short-term solutions hasn’t been simple. From electronic document management to real-time visibility into transportation logistics, software is modernizing the supply chain. So, there’s nothing “short-term” or dynamic about it. Technology has changed that.

Warehousing 31

Warehousing Price Reduction Demand Planning Software Supply and Demand 31

MIT Supply Chain

MAY 8, 2013

How much inventory could be better managed in this segment if there was better visibility into end-to-end cargo flows? A chemical manufacturer we interviewed is using a third-party cloud application to negotiate freight rates with some 28 ocean carriers, for instance. The industry is already using the technology to share information.

Supply Chain Design Software 63

Supply Chain Design Software Analytics Software Price Reduction Industrial 63

Logistics Bureau

DECEMBER 3, 2017

Supply chain documentation. We also cover production and manufacturing to some extent, and touch on other functional areas such as human resources and procurement. Warehouse and logistics performance management, measurement, and benchmarking. Inventory management. Health and safety 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

Precoro

FEBRUARY 27, 2023

Supports Benchmarking Benchmarking is the process of measuring a company's performance against its competitors to identify areas that might need improvement. Direct spend encompasses all purchases that directly impact the manufacturing of the company's final product, such as raw materials, components, and equipment.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

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

EMERGE App

DECEMBER 31, 2018

If you’re still not convinced about using inventory management software , then perhaps the benefits might sway you over. Or follow your savvy suppliers and manufacturers as they open production lines in another country. You need to be able to juggle multiple currencies and generate documents in different languages.

Inventory Management Software 60

Inventory Management Software Purchasing Skills Forecasting Software Manufacturing Procurement 60

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

Unleashed

JUNE 8, 2023

If you’ve already invested in inventory management software , you’ll be able to auto-populate future POs with supplier and product details and automatically update your stock levels upon receipt. This is a document that breaks down the costs of the purchase and functions as a formal request for payment. They will also send an invoice.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

RFgen

SEPTEMBER 12, 2019

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 ». A commonly overlooked source of ROI is in the cost savings for the day-to-day activities of your line-level employees.

Supply Chain Software 54

Supply Chain Software Warehousing Inventory Reduction Resource Reduction 54

RFgen

SEPTEMBER 12, 2019

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 ». A commonly overlooked source of ROI is in the cost savings for the day-to-day activities of your line-level employees.

Supply Chain Software 52

Supply Chain Software Warehousing Inventory Reduction Resource Reduction 52

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

DynaSys

NOVEMBER 17, 2021

Juliette Bruneel joined DynaSys 8 years ago, after many years in inventory planning. Now you help customers discover the new features of the DynaSys solutions with documentation and training material. The outcome is a more accurate plan, often with reduced inventory, and higher service levels.

Supply Chain Planning Software 52

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

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.

Supply Chain Planning Software 52

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

Supply Chain Network

DECEMBER 14, 2013

Networked companies have a single version of information related to inventory status, POs, inventory, shipments, payments and documents. Rick Keyes, Executive Vice President, Supply Chain Operations & Manufacturing, Meijer. She has also authored The State Of Retailing Online a leading industry benchmark publication.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Retail 115

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