Logistics Bureau

OCTOBER 20, 2021

Some guidelines for getting more accurate estimations: 1). At some point, you will probably want to introduce more KPIs to monitor your supply chain, especially if you plan to benchmark your performance against that of competitors or peers in your company’s vertical. Benchmarking Success – Your One-Stop KPI and Benchmarking Shop.

Supply Chain Design Software 80

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

Supply Chain Collaborator

AUGUST 30, 2018

Here are some guidelines to consider when you’re tasked with choosing a TMS solution to implement. Ability to benchmark data. That said, there are a lot of variables to consider for an organization of any size when selecting the right platform and it is easy to get mired down in the decision process. Freight settlement capabilities.

Logistics Network Optimization Software 81

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Sourcing Strategies 81

The Logistics & Supply Chain Management Society

JULY 16, 2023

Also Malaysia has dedicated halal parks, 22 in total, supported by halal park guidelines and incentives. The halal trust assessment could be conducted for one brand, but can also be benchmarked with selected competing brands.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Supply Chain Game Changer

NOVEMBER 17, 2018

In some cases, you’ll be held responsible for damages if formal laws and guidelines apply. The integrity of the data associated with these goods is critical, which is why cloud providers find themselves bound by ever-stricter guidelines. What’s at stake is quite often the key to your remaining profitable at all. According to the U.S.

Pharmaceutical 51

Pharmaceutical Supply Chain Software Guidelines Supply Chain 51

Supply Chain Movement

JANUARY 21, 2015

On one hand, you have regulations and guidelines- on the other, practical proceeding in reality. Warehouses and Distribution Channels: Benchmark and Qualify your capacities. 5th Annual Life Science & Temperature Controlled Logistics. Date: 12-13 May 2015. Venue: Brussels, Belgium. Organisation: Fleming Europe. URL: [link].

Logistics 60

Logistics Belgium Europe Guidelines 60

Resilinc

APRIL 13, 2021

Launching new initiatives such as a drive for greater supplier compliance with business continuity planning (BCP) and corporate social responsibility (CSR) guidelines. 10) Benchmarking is done quarterly with peers in the industry or other industries to learn how they solve similar problems. Assessing for more types of risks.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Strategy 62

SCMDOJO

MARCH 19, 2024

The objective of this Cycle Counting Procedure is to establish guidelines and requirements for the implementation of Cycle Counting Programs across all business processes and sites to address these discrepancies in quantities. Implement inventory control measures to minimize losses and optimize stock levels. Get your guide now!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Precoro

DECEMBER 11, 2023

Benchmarks, analysis, and improvements. Establishing benchmarks for successful performance and analyzing them continuously allows the company to identify potential issues as soon as possible and take measures to improve the process. The metrics also serve as guidelines for evaluating potential partners to purchase from.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

SupplyShift

MAY 15, 2019

Here are four key guidelines to consider when envisaging how to operationalize worker voice using technology: 1. While standardization is invaluable for audit validation and benchmarking across regions and sectors, worker voice technology will be most effective when designed with workers in mind.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Software Modeling Software How To 40

SupplyShift

MAY 15, 2019

Here are four key guidelines to consider when envisaging how to operationalize worker voice using technology: 1. While standardization is invaluable for audit validation and benchmarking across regions and sectors, worker voice technology will be most effective when designed with workers in mind. Accessibility for Digital Inclusion.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Software Modeling Software How To 40

QAD

MAY 16, 2019

The Automotive Industry Action Group (AIAG) and Odette International are releasing the fifth version of the Materials Management Operations Guideline/Logistics Evaluation (MMOG/LE) assessment this summer. Benchmark supply chain operations. What is MMOG/LE? Facilitate continuous improvement. Increase customer satisfaction.

Supply Chain Planning Software 101

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 101

The Logistics of Logistics

APRIL 11, 2022

Goals, KPIs, and industry benchmarks. Templates and guidelines. To 10X your sales pipeline, Nadine explains that you must focus on the following 8 areas: Marketing team and structure. Value proposition. Marketing strategy. Analytics and reporting. Technology stack.

How To 166

How To Logistics Network Optimization Software Cleveland Analytics Software 166

AFFLINK

MARCH 15, 2016

Establishing quality, safety, compliance, and sustainability guidelines. Benchmarks and metrics move all the time, and, when they do, new best practices set the groundwork for how to get there. Decisions made at this level include: Hammering out the contracts with your supply chain partners.

Supply Chain Planning Software 67

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 67

o9 Solutions

FEBRUARY 21, 2023

However, you can use the following capability blocks as general guidelines to help assess how far away you are from your ideal planning state. Use the maturity benchmarks to ascertain where you are with your system, data, process and resources elements, where you’d like to be and also what is feasible to achieve.

Supply and Demand 52

Supply and Demand Demand Planning Modeling Optimal Sourcing 52

Precoro

APRIL 22, 2024

They oversee regulatory reporting requirements, such as filings with government agencies and regulatory bodies, and ensure that the organization operates within legal and ethical guidelines. Performance criteria and benchmarks are unique for every industry and market.

Optimal Sourcing 105

Optimal Sourcing Negotiating Skills Procurement Solutions Resource Reduction 105

Logility

NOVEMBER 14, 2016

Organizations that follow guidelines are more agile and better positioned to embrace new paradigms. Flexible processes enhance a supply chain planning organization’s ability to adapt to changes and quickly adjust course towards optimal planning. Team flexibility enhances supply chain planning resilience.

Supply Chain Planning Software 104

Supply Chain Planning Software Optimization Software Supply Chain Optimization Scenario Planning 104

Supply Chain Opz

JANUARY 18, 2015

This conclusion was confirmed in a recent S&OP benchmarking survey, conducted by our research partner, Meridian Consulting Group. Based on our research we formulated 3 crucial strategic guidelines for setting up or re-designing a company’s S&OP process.

S&OP 100

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Planning 100

New Horizon Supply Chain Blog

AUGUST 30, 2023

M in savings These are guidelines, and actual benefits will of course vary by industry and specific company, but there’s no question that increasing forecast accuracy has real, tangible business benefits. M, and for the same amount of improvement in over-forecasting, $1.3

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

AFFLINK

MARCH 15, 2016

Establishing quality, safety, compliance, and sustainability guidelines. Benchmarks and metrics move all the time, and, when they do, new best practices set the groundwork for how to get there. Decisions made at this level include: Hammering out the contracts with your supply chain partners.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 48

Supply Chain Game Changer

NOVEMBER 7, 2019

A procurement process will serve as a guideline to your digital procurement ecosystem, but don’t treat this evolution of your processes as digitization. Survey the market, and request demos of solutions with multiple technology vendors in order to benchmark. Digitalization.

Manufacturing Procurement 55

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 55

Supply Chain Shaman

APRIL 27, 2016

In this process, gain clarity of contract requirements and policy guidelines and try to incorporate them into the flows. If companies open-up and externalize data in a meaningful way we could pave the way for on-line benchmarking, demand sensing and event management in new ways. Digitize Relationships. Map Policies and Flows.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply Chain Design Software Analytics Software 150

New Horizon Supply Chain Blog

JULY 15, 2022

These are guidelines, and actual benefits will of course vary by industry and specific company, but there’s no question that increasing forecast accuracy has real, tangible business benefits. M, and for the same amount of improvement in over-forecasting, $1.3 M in savings.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Supply Chain View from the Field

APRIL 1, 2015

Here are a few guidelines I’ve encountered over the years that might help people think more about selecting and establishing metrics for your supply chain. Step 5: Measure Current Performance and Benchmark with Best-in-Class Competitors. This is often known as “benchmarking”, and is an important step in performance improvement.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

NC State SCRC

JUNE 27, 2017

It will not determine the extent of deployment across different business units, but could be used to benchmark performance across business units. They may provide specific KPI benchmark levels for a process (in such terms as percentage cost savings).

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Precoro

SEPTEMBER 4, 2023

Thus, the best strategy for companies is to benchmark their cash conversion cycle against their historical performance and competitors in their industry. Maintaining some safety stocks or buffer inventories (as a general guideline, the safety stock amount should be the amount of inventory used per day multiplied by the lead time in days).

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Unleashed

APRIL 18, 2021

Where local laws fall below par, suppliers should adhere to international benchmarks. National and international guidelines will specify how employees should be treated and what their rights are, including that workers should be: Treated with dignity and respect. Compensated fairly.

Supply Chain Planning Software 116

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 116

Zipline Logistics

JANUARY 24, 2020

Despite its importance, many brands, irrespective of sophistication, have encountered issues with consistently meeting these benchmarks. For example, if your Walmart orders are currently being routed with other freight and not hitting performance benchmarks, you may need to isolate those shipments to ensure more successful delivery.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

Savant Events

FEBRUARY 19, 2019

I think the company has to allow people to use their creativity and not frame them in closed guidelines. I hope to share my experience and benchmark other companies and their approach to Trade Compliance. If you have a very good professional, do not limit them by telling them what to do.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 40

DynaSys

FEBRUARY 3, 2021

Some examples may be rules restricting availability of transport stock and routes, laws limiting workforce liberties or effectiveness, short-term working capital guidelines, etc. Income and consumer confidence data, unemployment rates by region and by sector, and sales in benchmark industries like hotels and air travel are worth considering.

Modeling 98

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 98

Logistics Bureau

JANUARY 21, 2018

Just to make sure everything is working and operating within normal guidelines. You need to do regular checks such as Benchmarking to make sure that performance is in line with expectation and is also within industry norms. Health Checks Regularly. Hopefully you have a regular medical health check.

Supply Chain Performance 40

Supply Chain Performance Supply Chain Design Software Supply Chain Software Resource Reduction 40

Arkieva

JANUARY 6, 2017

The guideline here should be the company strategy. Financial Benchmarking for Inventory Turns and Working Capital. Financial Benchmarking for Inventory Turns and Working Capital. What financial benchmarks should be used to measure inventory turns and working capital? Read More ».

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

GlobalTranz

NOVEMBER 7, 2017

It’s more than a rule book or following guidelines , and effective leaders who help to foster an engaged culture know this. Other contributing factors can include: Benchmarking. When leaders treat safety as a priority and reflect value the it brings to the company, is sets the tone for the rest of the organization.

Modeling Software 125

Modeling Software Cost Reduction Strategies Expense Reduction Resource Reduction 125

Unleashed

JULY 11, 2021

These certifications are voluntary guidelines and standards that address environmental, social, ethical, and food safety concerns. They must be values based with quantifiable guidelines and standards. A benchmark baseline will establish fair and standardised testing and comparisons.

Sustainability 98

Sustainability Manufacturing Procurement New Zealand Waste Reduction 98

EcoVadis

MARCH 9, 2015

One company spooled off a long list of reference points it tracks, including the Dow Jones Sustainability Indexes, CDP, the UN Global Compact, the Global Reporting Initiative G4 guidelines and the International Integrated Reporting Council’s work, plus France’s Grenelle Environnement initiative. CSR scorecards into one.”.

Supply Chain Planning Software 40

Supply Chain Planning Software Rail Software Supply Chain Software Sustainability 40

SCMDOJO

DECEMBER 11, 2023

Stakeholders, including internal teams and external auditors, can use these reports to assess if the guidelines are being followed, encouraging a culture of accountability and integrity. Benchmarking: Compares current spending patterns against industry benchmarks for cost-effectiveness.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

RFgen

FEBRUARY 29, 2024

Maintains Compliance with Extended-Use Dating Support Extended-Use Dating Support refers to guidelines that allow for the use of products or materials beyond their original expiration date, under certain conditions. Compliance with these guidelines is important for product viability in life sciences and pharmaceuticals.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Pharmaceutical Supply Chain Software 52

ToolsGroup

DECEMBER 11, 2023

Each context is different, and naturally the guidelines need to be carefully adapted to the specific competitive dynamics of industries, customer segments and regions; but the concept of customer psychology always holds. Is that even real? Question 3: should you allow any discount?

Purchasing Skills 156

Purchasing Skills Price Reduction Manufacturing Procurement Handbook 156