GlobalTranz

APRIL 8, 2015

New, innovative technology platforms have greatly sped the expansion and evolution of transportation as well as logistic solutions. This also assists with reporting and benchmarking purposes as the data will provide business intelligence. This information can then be shared between the users within the network.

Supply Chain Network Software 120

Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software Modeling Software 120

Supply Chain Shaman

AUGUST 7, 2019

In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. I am often asked to benchmark demand. Technology change is moving faster than process innovation. Let’s take an example.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

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). > Procurement – Metrics – Cost of proc/TC of raw materials. >

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Logistics Viewpoints

JULY 19, 2023

Most recently, the APQC has conducted best practice and benchmarking research on environmental sustainability. In the survey, APQC used a series of performance metrics, including net promoter score, customer retention rate, perfect order performance, and on-time delivery among others, to identify the top performing companies.

Sustainability 193

Sustainability Optimal Sourcing Logistics Material Savings 193

Logistics Viewpoints

OCTOBER 4, 2021

A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. Benchmarking the forecasting process is difficult. E2open has come up with an innovative way of doing this. I look forward to this study every year. 2020 was different.

Inventory Reduction 221

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 221

Unleashed

MARCH 9, 2021

A robust procurement strategy should explain how an organisation seeks to optimise the businesses external spend, procurement costs and other value contributions such as product innovation, spend reduction and process efficiency. Creating new opportunities by investing in supplier partnerships and joint innovations.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Supply Chain Shaman

APRIL 14, 2015

We outsource about 80% of the primary ingredients of our crop protection business, and pack it in finishing plants and ship to warehouses. Gain an understanding of what is a digital supply chain, and learn more about the capabilities of new technologies to drive innovation. .” ” You know that our supply chain is complex.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 150

Supply Chain Shaman

AUGUST 26, 2015

For more on this topic, reference my prior blog posts on Learn the Language of Demand and Driving Innovation ). In supply chain demand benchmarking, we see serious degradation of the forecast in lag 1 (30 days in the future) versus lag 3 or 4 (or 90/120 days in the future), due to the inclusion of sales data in management overrides.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. My job, as the plant engineering manager, was to drive innovation and implement technology improvement. Frank had little patience for Ed.

Agile and Lean Supply Chain 287

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 287

6 River Systems

JUNE 25, 2019

Most warehouses are on an ongoing mission to maximize productivity by optimizing workflows, automating processes and reducing waste (both time and resources). More than 50% of your warehouse labor is in pick and pack, so start there. ” — How to Maximize Warehouse Efficiency , Parcel Pending; Twitter: @ParcelPending 5.

Sourcing Strategies 56

Sourcing Strategies Optimal Sourcing Warehousing Supply Chain Design Software 56

E2open

NOVEMBER 30, 2017

Of course, demand sensing can also use customer data, such as point of sale, store inventory or warehouse withdrawals. However, results from our forecast benchmark study show that there is little difference in lagged error across different weeks, so it really doesn’t matter what lag is used. Aerospace & Defense. Consumer Electronics.

Supply and Demand 60

Supply and Demand Demand Planning Software Modeling Forecasting 60

Logistics Bureau

OCTOBER 26, 2020

It can also enhance collaboration between companies by pinpointing opportunities for shared shipping, trucking, and warehousing—which in turn can have a significant impact on carbon emissions. Another innovation is the circular supply chain, which involves recycling and reusing products once they have fulfilled their purpose.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 84

NC State SCRC

NOVEMBER 5, 2016

Contract analytics can provide a summary view on performance and pricing deviations, risks, statistics (expiry, renewal and pending), procurement and sales metrics. Our analysis provides insights into how we have to operate to achieve the outcome, as well as scorecards and metrics that require additional analytical insight.

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 40

Logistics Viewpoints

JANUARY 23, 2024

This year, nearly 40,000 attendees comprising 6,200 brands from all over the world headed to the Javits Center to see what new solutions and innovations software and hardware suppliers had in store for 2024 and beyond. It gives consumers a sustainability benchmarking tool for the products they buy.

Supply Chain Planning Software 209

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

Logistics Bureau

OCTOBER 26, 2020

It can also enhance collaboration between companies by pinpointing opportunities for shared shipping, trucking, and warehousing—which in turn can have a significant impact on carbon emissions. Another innovation is the circular supply chain, which involves recycling and reusing products once they have fulfilled their purpose.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 52

6 River Systems

DECEMBER 5, 2019

The efficiency of order fulfillment from warehouses has become an important focus in logistics management as customers demand quicker deliveries. Warehouse order picking is an important factor in efficient order fulfillment. Order picking, in particular, has seen significant improvements through technology innovations.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

6 River Systems

DECEMBER 11, 2018

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. “As for your internal systems, real-time inventory management helps you manage your fulfillment warehouses.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Unleashed

SEPTEMBER 10, 2020

In this article we’ll first look at practical ways to measure productivity in the workplace, and then at some of the practical metrics and KPIs that help business owners and managers lift productivity. Our toy makers now have a valuable metric for understanding productivity in their factory. Deciding on an output.

Material Savings 86

Material Savings Expense Reduction Waste Reduction Cost Reduction Strategies 86

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

While many transportation leaders would say the greatest challenge following extreme weather events is the impact on short-term rates and budgets, the potential impact on production facilities and warehouses can be just as significant. 2023 will be the year to shore-up innovative, intuitive, intelligent solutions.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

Logistics Bureau

MAY 4, 2016

To paraphrase a saying, the road to supply chain hell is paved with good intentions and bad metrics. From this understanding, supply chain metrics will then ideally be: A few essential measurements that cover all the strategic aspects of the supply chain. Financial metrics to indicate profitability.

Supply Chain Performance 40

Supply Chain Performance Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 40

Supply Chain Game Changer

SEPTEMBER 6, 2022

They received goods into their warehouses/distribution centres. And a cursory look at benchmark comparisons to competitors showed the company lagging behind in virtually every metric. I needed to talk to the employees on the warehouse floor directly. They were implementing some very innovative initiatives on their own.

Optimal Sourcing 80

Optimal Sourcing Supply Chain Optimization Global Supply Chain Planning 80

6 River Systems

JUNE 29, 2020

Warehouse managers face numerous challenges, as well, such as the need to keep goods flowing in and out of the facility while enabling associates to practice social distancing measures. “Think beyond your four walls to how you can better collaborate and innovate with your suppliers. Adapt to the next-gen supply chain model.

Supply Chain Planning Software 116

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

Intelligent Audit

NOVEMBER 10, 2021

Real-time scheduling and updates and faster data analysis can improve the flow through docks and warehouses and prevent bottlenecks and shipping delays. Be transparent about goals and set clear parameters regarding volume expectations, performance, success rates, and other critical metric milestones. Liability Constraint.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Network Software 52

Unleashed

SEPTEMBER 18, 2019

Businesses and organisations are embracing cloud technology to help drive innovation for the delivery of operational efficiencies and to drive better customer relationships. The post Using Key Performance Indicators to Benchmark The Success of Cloud Software Adoption appeared first on Unleashed Software. Cloud inventory tools.

Forecasting Software 40

Forecasting Software Inventory Management Software Benchmarking Software 40