Logistics Viewpoints

OCTOBER 4, 2021

And how can consumer goods companies learn from their performance in this pandemic to prepare for the future? 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.

Inventory Reduction 223

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 223

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. It’s not uncommon though, for companies to make the mistake of over-complicating their supply chain performance monitoring.

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. This includes implementing lean manufacturing principles and utilizing advanced planning software, so businesses can optimize production processes and minimize waste. Get your guide now!

Optimal Sourcing 77

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 77

Unleashed

MARCH 6, 2024

Agile supply chain management is especially important in today’s dynamic business landscape, where customer expectations, technological advancements, and environmental uncertainties are constantly evolving and creating new challenges and opportunities for supply chain performance. Let’s dive in.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Logility

AUGUST 25, 2020

Their supply chains must be flexible and responsive to customer and market needs. Management must be cognizant of issues of procurement, manufacturing, inventory, and distribution that impact satisfaction and loyalty. Next, how do you assess performance? Daily operational KPIs drill into machine and process performance.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

ToolsGroup

NOVEMBER 17, 2015

A third company, a Fortune 500 global consumer packaged goods manufacturer , not only improved fill rates to above 99 percent in one division, but remarkably simultaneously reduced average finished goods inventory by about 24 percent. The "perfect order" is a benchmark of supply chain performance. Getting There.

Customer Service 0

Customer Service Logistics Network Optimization Software Supply Chain Planning Software Inventory Reduction 0

New Horizon Supply Chain Blog

AUGUST 30, 2023

The answer may seem obvious to supply chain professionals, but it’s worth taking a step back and thinking about how to answer this. companies started adopting lean manufacturing and just-in-time principles in the 1980s, most business people have been trained to understand that excess inventory ties up capital and erodes profitability.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Supply Chain Shaman

APRIL 27, 2022

Prior to Yannis, Keith Harrison was the Global Product Supply Officer for slightly more than ten years. Keith led the work to move P&G from a regional to a global manufacturer opening up the Warsaw center of planning excellence and outsourcing IT to HP. Supply chain excellence was largely defined as manufacturing excellence.

Procurement Analytics 345

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 345

Talking Logistics

APRIL 27, 2015

What are the unique characteristics of the products that you manufacture and distribute, and then what’s the relative importance of transportation cost in the overall total cost? Q: How can you enable alignment and synchronization across a broader supply chain strategy?

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Supply Chain Strategy Strategy 100

Locus

DECEMBER 7, 2021

Supply chain risk management maturity levels define how well a company has developed the risk management processes in comparison to industry benchmarks. The four major supply chain risks areas are: Supply risks : These are risks associated with the sourcing of raw materials. Improve supply chain visibility.

Supply Chain Disruption 52

Supply Chain Disruption Optimal Sourcing Modeling Supply Chain Planning Software 52

New Horizon Supply Chain Blog

JULY 15, 2022

The answer may seem obvious to supply chain professionals, but it’s worth taking a step back and thinking about how to answer this. companies started adopting lean manufacturing and just-in-time principles in the 1980s, most business people have been trained to understand that excess inventory ties up capital and erodes profitability.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Supply Chain Shaman

APRIL 14, 2015

Note the improvement and the resiliency in supply chain performance.). I pushed hard to get the supply chain team to understand the commercial challenge; and I also worked diligently to give the supply chain team an identity, and I then asked them to stand up to that identity.”. .”

Supply Chain Design Software 150

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

SCMDOJO

NOVEMBER 9, 2023

This technique involves selecting an individual item, meticulously counting it, and comparing the result to the benchmark. Instead, the mantle of responsibility is shouldered by the manufacturer or distributor. Importantly, spot checks do not follow a rigid schedule and serve as a supplement to the comprehensive physical inventory.

Inventory Reduction 81

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 81

Supply Chain Shaman

MAY 3, 2015

This type of benchmarking is the most powerful in the comparison of like competitors. And, when they do, the focus on network design is still on bricks and mortar–where to put manufacturing and distribution locations–not on form and function of inventory, and the design of inventory flows. The Inventory Management Journey.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Game Changer

NOVEMBER 9, 2018

In the area of Procurement they did a lot of benchmarking and highlighted deficiencies in our materials costing and pricing processes, and the resultant uncompetitiveness and financial shortfall that resulted therefrom. In the area of Inventory Management they also did a lot of benchmarking and highlighted deficiencies in our processes.

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 43

Supply Chain Shaman

AUGUST 26, 2015

While traditional forecasting approaches use statistics to model history assuming that historic shipments and order patterns represent future market patterns, in the times of market volatility, especially for manufacturers two-five levels back in the supply chain, traditionally forecasting is not adequate.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Logistics Bureau

SEPTEMBER 25, 2016

If not, you might be surprised at the many ways supply chain benchmarking can be used to understand performance, identify areas for improvement and actually turn those improvements into reality. 8 Most Beneficial Uses of Supply Chain Benchmarking. 8 Most Beneficial Uses of Supply Chain Benchmarking.

Benchmarking 40

Benchmarking Supply Chain Planning Agile and Lean Supply Chain Supply Chain Strategy 40

Logistics Bureau

MAY 4, 2016

One of the challenges in the agribusiness sector, as research from the Netherlands has shown, is to resolve the mismatch between famers and manufacturers, and between manufacturers and customers, about what is important and therefore what should be measured. They may even lead to conflicting departmental goals.

Supply Chain Performance 40

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

ThroughPut

DECEMBER 6, 2023

Manufacturing Process Predictive analytics also significantly optimize manufacturing processes by identifying bottlenecks, predicting equipment failures, and improving overall efficiency. This proactive approach means manufacturers can reduce downtime, improve product quality, and increase operational efficiency.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Logistics Viewpoints

MAY 3, 2022

In response to these rising complexities, late last year, Körber commissioned its first ever Supply Chain Benchmarking report. We found three key strategies that could serve as a blueprint for other supply chains: Rethink Packaging. Packaging has an incredibly big impact on supply chain sustainability.

Waste Reduction 195

Waste Reduction Sustainability Vendor Strategies Supply Chain Design Software 195

Logistics Viewpoints

MARCH 21, 2021

According to one survey , only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements. What should supply chain leaders be looking for to close the talent gap? AGCO Logistics Team Accepts Prestigious Supply Chain Award.

Supply Chain Design Software 242

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 242

Logistics Bureau

JULY 21, 2017

At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. Learn More about the 9 Key Supply Chain Performance Levers.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Inventory Reduction Vendor Strategies 45

Logility

AUGUST 5, 2021

The ideal goal is to have IBP – and the right supply chain planning platform to support it – bringing the right people to the table consistently to create a single, integrated plan for the business. Inventory-based KPIs probably make sense for you, but how will you benchmark results? Be different when it makes sense.

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

ThroughPut

JUNE 24, 2022

AI in supply chains is helping to deliver the powerful optimization capabilities required for more accurate capacity planning , improved productivity, high quality, lower costs, and greater output, all while fostering safer working conditions. AI can also analyze workplace safety data and inform manufacturers about any possible risks.

Supply Chain Planning Software 98

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Supply Chain Shaman

AUGUST 21, 2016

The caller had prior experience with a major household products company and recently transitioned to a smaller, but global discrete manufacturer. For most companies, greater economy of scale is possible through the global management of procurement and transportation and local management of sales, manufacturing and customer service.

S&OP 150

S&OP Supply and Demand Supply Chain Planning Software Price Reduction 150

BlueYonder

NOVEMBER 5, 2021

Simchi-Levi from MIT says , the Time to Survive (TTS), i.e., for how long can supply meet demand during a disruption, was significantly exposed due to lack of visibility. Supply chain performance went for a toss and costs sky rocketed.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Planning Supply Chain Disruption Modeling 62

Supply Chain Shaman

SEPTEMBER 13, 2016

3) Rethinking Manufacturing. When we ask companies to Imagine Supply Chain 2030, the first response is a focus on analytics. Digital manufacturing–3D printing, M2M interface through the Internet of Things, Robotics and Biomolecular re-engineering–will enable new capabilities in manufacturing.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

Cognira

NOVEMBER 28, 2023

Consumers leverage AI-powered benchmarking tools to track the price of their favorite items and make the purchase once it hits its lowest point. Analytics can provide valuable information on market trends, pricing dynamics, supply chain performance, and customer preferences.

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

Zipline Logistics

JUNE 30, 2020

Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance. Billing — A process typically performed by the carrier that determines the total charges for a completed order. Vendor — A company that manufactures or distributes an item.

Supply Chain Planning Software 52

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

Logistics Bureau

OCTOBER 31, 2016

If you’re a supply chain professional, the tips and guidance in this post will probably not be new to you. Without sufficient attention to these elements, your company will find it harder and harder to compete against the growing number of organisations taking a strategic supply chain stance. “What?”

Supply Chain Design Software 40

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

Logistics Bureau

MAY 9, 2016

However, it corresponds to the amount of money you need to keep your supply chain working, so in reality you want to decrease it – without hurting supply chain performance, of course. Raise awareness about inventory, its impact on the supply chain and the enterprise as a whole, and the need to manage it properly.

Material Savings 40

Material Savings Inventory Reduction Cost Reduction Strategies Price Reduction 40

BlueYonder

JUNE 16, 2016

Supply chain digitization enables companies to immediately see, recognize and act upon events in real time, across all parts of the end-to-end supply chain. 15 percent believe their organization has achieved near-complete visibility into manufacturing activity/production levels. Survey highlights.

Supply Chain Planning Software 40

Supply Chain Planning Software Real-time Visibility Analytics Software Resource Reduction 40

BlueYonder

JUNE 16, 2016

Supply chain digitization enables companies to immediately see, recognize and act upon events in real time, across all parts of the end-to-end supply chain. 15 percent believe their organization has achieved near-complete visibility into manufacturing activity/production levels. Survey highlights.

Supply Chain Planning Software 40

Supply Chain Planning Software Real-time Visibility Analytics Software Resource Reduction 40

ToolsGroup

JULY 6, 2023

At ToolsGroup we are dedicated to helping companies optimize their supply chain performance, and it is very gratifying to be recognized as a market leader based on the opinions that matter most – those of our customers.” Read the press release here. See ToolsGroup’s listing on FeaturedCustomers here. “We

ToolsGroup 295

ToolsGroup Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 295

KEPLER Consulting

NOVEMBER 24, 2017

And daily execution of processes becomes a fire fighter job not allowing to conceive performant and relevant answers for business challenges. That conception impacts process efficiency and lowers Supply Chain performance. Supply Chain Managers fully rely on newly developed tools to support Supply Chain performance.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 40

Logistics Bureau

OCTOBER 30, 2017

If you’d like to read more about Supply Chain KPIs, you can download (free) a chapter from one of our Best Selling Books on the topic. Free Supply Chain Benchmarking Chapter. KPIs in Supply Chain – The Basics. Production/manufacturing. We have benchmarked almost 1,000 Supply Chains!

KPI 94

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