ivalua

FEBRUARY 10, 2023

The key for procurement teams is to stay ahead of inflationary trends so they can anticipate needs and adjust accordingly before problems arise. With Ivalua, you can quickly access spend analysis tools to identify areas for cost savings and benchmark current prices against market trends. Doug has a B.S.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

Unleashed

DECEMBER 13, 2023

New manufacturing data reveals the small to medium manufacturing sector remains in recovery mode, with global performance largely mapping to local economic conditions. New Zealand manufacturing, meanwhile, is at an historic inflection point, with stagnant performance in multiple sectors.

Manufacturing Procurement 52

Manufacturing Procurement New Zealand Manufacturing Beverage 52

QAD

JULY 23, 2020

Benchmarking a business’ performance is a critical step in evaluating performance improvement efforts across the organization. This is especially true for manufacturers. To grow and thrive, manufacturers need to develop best practices, benchmark against those best practices and formulate action plans.

Benchmarking 132

Benchmarking Metrics Manufacturing Six Sigma 132

QAD

JULY 23, 2020

Benchmarking a business’ performance is a critical step in evaluating performance improvement efforts across the organization. This is especially true for manufacturers. To grow and thrive, manufacturers need to develop best practices, benchmark against those best practices and formulate action plans.

Benchmarking 130

Benchmarking Metrics Manufacturing Six Sigma 130

Logility

JANUARY 12, 2021

There are many ways to view data, but those that are particularly useful in supply chain analytics are reporting, score carding, dashboarding and benchmarking. For instance, a modern report for a manufacturer might display all the data about transportation providers as usable information, in a scorecard format. Benchmarking.

Prescriptive Analytics Software 131

Prescriptive Analytics Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 131

GlobalTranz

JANUARY 10, 2017

The State of Supply Chain 2016 Trends. Most importantly, agile methods allowed for faster decision making across a virtually limitless stream of issues, and this trend held true throughout the year. Also, it bridged the divide between manufacturing operations and service (logistics) operations, explains Springer Link.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

Silvon Software

JULY 22, 2022

Here are 24 that Silvon has used with clients across various manufacturing industries to help them drive better supply chain performance. 60% to 70% is considered a good benchmark of inventory levels. This metric is also useful when you can compare it to your industry averages and trends. Cash-to-Cash Time Cycle.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Supply Chain Shaman

JUNE 21, 2023

One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers. The analysis is biased toward large process-based manufacturers in the Gartner network. Is this success? I don’t think so. Learning Stalled.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

Demand Solutions

DECEMBER 15, 2015

Know key market trends and their impact on the quality of demand planning. Benchmark against key performance indicators of demand planning excellence. Understanding Key Market Trends. In the article, Hackett gives us several hints by identifying the most important trends in the demand planning space for 2015.

Supply and Demand 100

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 100

Demand Solutions

DECEMBER 15, 2015

Know key market trends and their impact on the quality of demand planning. Benchmark against key performance indicators of demand planning excellence. Understanding Key Market Trends. In the article, Hackett gives us several hints by identifying the most important trends in the demand planning space for 2015.

Supply and Demand 100

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 100

Shipsy

MAY 28, 2021

The outbreak has also made it clear that digitization of the last-mile processes and the overall logistics and transportation system will be the key to shape the future of e-commerce, manufacturing, food & grocery, courier & express delivery, and other industries. Let’s check out the other last mile delivery trends for 2021.

Modeling Software 52

Modeling Software Trends Analytics Software Supply Chain Design Software 52

E2open

JANUARY 19, 2023

The latest edition of the index highlights ongoing changes and provides valuable insights on global shipping lane trends. Incorporating these insights and trends at the moment of decision-making is key to unlocking immediate value and supporting resiliency across the end-to-end supply chain.”

Logistics Network Optimization Software 148

Logistics Network Optimization Software Supply Chain Network Software Predictive Analytics Software Demand Planning Software 148

CH Robinson Transportfolio

JANUARY 25, 2018

But there are several trends presenting themselves that will help us redefine what “normal” means for truckload in 2018 and 2019. Below, we explore 8 trends that will have an effect on the truckload market in 2018. It appears this trend of hyper-efficiency will continue. Efficiently utilizing capacity.

Trends 34

Trends Manufacturing Procurement Purchasing Skills Price Reduction 34

Logistics Viewpoints

APRIL 5, 2023

ARC Advisory Group, where I work, publishes an analysis of the 25 manufacturers with the most mature digital transformations. Most recently, the APQC has conducted best practice and benchmarking research on digital transformation. Essentially, digital transformation is the integration of digital technology into all areas of a business.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Analytics Software Predictive Analytics Software Inventory Management Software 246

Silvon Software

JUNE 1, 2023

Regularly review and update your stakeholder-focused KPIs based on changing stakeholder needs or emerging trends. Download Silvon’s KPI Guide – Drive Better Business Performance Set targets and benchmarks: Set specific targets or benchmarks for each material flow KPI based on industry standards, historical data, or desired improvements.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

PINC

AUGUST 3, 2020

With expectations of higher on-shelf availability and lower inventory costs, the pressure on delivery performance has intensified—as has the need for manufacturers, retailers, and carriers to work together to create efficient, reliable, and responsive supply chains. The problem is that there is no standard definition for OTIF. Survey Says….

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

Unleashed

FEBRUARY 1, 2023

Demand planning also considers factors such as: Your marketing strategy Seasonality Market trends Demand planning teams need to constantly be alert to technology advances such as in Artificial Intelligence or software tools which can be utilised to their advantage. They must draw on all these factors to create a ‘demand plan’.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Supply Chain Shaman

DECEMBER 26, 2012

However, none of the three companies knew this before the benchmarking activity. To minimize costs, supply chain teams of manufacturing leaders have designed the value network to absorb this volatility. The tendency is to build a supply chain for the lowest manufacturing cost-per-case which they believe is the lowest ROA.

Manufacturing Procurement 183

Manufacturing Procurement Purchasing Skills Modeling Supply Chain Design 183

Enterra Insights

OCTOBER 26, 2023

This data is direct feedback that supply chain managers can leverage to assess what leadership tactics are effective and which fail to drive workforce benchmarks.” As Davis notes, “Risk-resilient supply chains integrate design, planning, manufacturing, logistics, maintenance, and service.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

Supply Chain Movement

FEBRUARY 3, 2014

4 surveys by Supply Chain Insights LLC: Supply Chain Visibility: Benchmark companies’ supply chain visibility in business relationships within their extended supply chain, including the effectiveness of data sharing and sensing: [link]. Vendor Managed Inventory (VMI): The value proposition these processes present. SID=SV_b1tfCTnV2RkTOXH.

Survey 97

Survey Supply Chain Design Supply Chain Supply and Demand 97

Supply Chain Shaman

OCTOBER 5, 2018

Based in Paris, L’Oréal is a global personal care manufacturing company. The company experienced a 34% growth in global e-commerce in 2017 and is expecting the trend to continue. In their benchmarking, they believe that the closest company as measured by complexity is Nestlé. Supply Chains to Admire Methodology.

Case Study 254

Case Study Inventory Reduction Agile and Lean Supply Chain Study 254

QAD

JUNE 25, 2019

The absolute measure is less informative than the trend in the metrics. Obsolete inventory may also indicate poor electronic communication network (ECN) and corrective action and preventive action (CAPA) processes, so if the number is trending upward, investigate both areas before changing any process.

Procurement Analytics 105

Procurement Analytics Metrics Inventory Reduction Inventory 105

Talking Logistics

JUNE 27, 2014

This includes investments in “technology and/or organization that provides visibility within and/or across the Supply Chain that highlights trends and potential risks.”. According to a study conducted by the National Association of Manufacturers (NAM) and the National Retail Federation (NRF), a 10-day stoppage would reduce GDP $2.1

Logistics Network Optimization Software 143

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Negotiating Skills 143

Enterra Insights

JANUARY 3, 2019

Food trends. ”[3] Analysts from global hospitality company Benchmark note, “Meat-avoiders are much plentiful and changing the way chefs approach menu offerings. Now, wellness-focused brands, cleaning products, and beauty brands are trying to cash in on the trend.”[5] Regional flavors. ”[4]. .”

Food 100

Food Trends Oklahoma Predictive Analytics Software 100

BlueYonder

JANUARY 17, 2023

The following are the insights gained from my discussion with Shri Hariharan , who leads Blue Yonder’s Consumer Manufacturing Industry Strategy, during a recent Blue Yonder Live and webinars that we prepared for jointly. In the Part 1 blog post last week, we addressed key trends, business needs, and much needed capabilities.

Consumer Goods 70

Consumer Goods Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 70

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. Enroll Now!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

The Logistics & Supply Chain Management Society

JULY 16, 2023

This trend is also better known as the evolution of halal or when applied to an organisation: the corporate halal maturity. The answers to these Muslim consumer needs and wants are in the alignment of the corporate halal maturity with these halal market trends and embracing more advanced halal standards by brand owners.

Risk Management 130

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

Logistics Bureau

OCTOBER 20, 2021

While fill rate might be one of the components making up your perfect order KPI, it’s not a bad idea to keep track of order fill and line fill as KPIs in their own right, especially if in full performance is not trending above 98%. Allow for variations in sales due to seasons, festivals, and/or new trends. Ready to act?

Supply Chain Design Software 80

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

Supply Chain Movement

MAY 20, 2014

In exchange for taking the survey, Supply Chain Insights will share the results with participants helping them to benchmark the company against peers. The survey is for Manufacturers, Retailers and Wholesalers/Distributors/Co-operatives with corporate social responsibility or sustainability goals.

Survey 90

Survey Supply Chain Benchmarking Sustainability 90

Talking Logistics

SEPTEMBER 29, 2015

Innovative companies are using these active, connected trading communities to address a number of supply chain challenges that have vexed the industry for years, like achieving industry-wide information standards and performance benchmarks. Best practices and benchmarking have always been tricky in traditional communities.

Supply Chain Network Software 100

Supply Chain Network Software Supply Chain Software Logistics Network Optimization Software Agile and Lean Supply Chain 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. Do you have very low accuracy levels compared to some reasonable benchmark?

Supply and Demand 191

Supply and Demand Prescriptive Analytics Software Demand Planning Modeling 191

NC State SCRC

SEPTEMBER 27, 2023

Prior to Gilead, Joydeep spent 10 years at Biogen, in roles of increasing responsibility in the areas of process sciences, manufacturing and supply chain. Number 1 : I was and remain naturally curious – about the industry, emerging trends and sources of value. And I ask myself how can we make ourselves better?

Pharmaceutical 52

Pharmaceutical Supply Chain Design Software Sustainability Supply Chain Design 52

Arkieva

AUGUST 12, 2016

A new report by SupplyChainDigest: “Supplier Integration in an Outsourced Supply Chain World: A Benchmark Report,” showed a growing trend in supply chain outsourcing among manufacturing companies. Source: SupplyChainDigest. Here are a few things to look at when making the decision to outsource supply chain operations.

Survey 60

Survey Cost Reduction Strategies Resource Reduction Supply Chain Software 60

GlobalTranz

DECEMBER 29, 2015

We've already listed the top 10 manufacturing articles, the top 10 supply chain articles, and yesterday, the top 10 logistics articles. However, it’s important to review your pattern of freight spend in relation to sales so that you may set a benchmark. Why Benchmarking Alone Isn’t Enough for Proper Transportation Cost Analysis.

Transportation Management 120

Transportation Management Transportation Cost Reduction Strategies Sourcing Strategies 120

Supply Chain Shaman

AUGUST 7, 2019

In my work with manufacturing companies recently, I am thinking a lot about the need for diagnostic testing. Build an industry peer group and gain insights on major trends. Ecolab was able to overcome the downward trend. I am often asked to benchmark demand. The result was an endless list of possibilities. Step Three.

Supply Chain Design Software 250

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

Unleashed

SEPTEMBER 7, 2020

The best way to reduce costs in a manufacturing business is to target the three areas in which costs generally fall: direct labour, materials, and manufacturing overheads. What are manufacturing costs? Manufacturing costs are the sum of costs of all resources used in the process of manufacturing a product.

Cost Reduction Strategies 105

Cost Reduction Strategies Negotiating Skills Material Savings Expense Reduction 105

Unleashed

JANUARY 29, 2024

An electronics manufacturer chooses to discontinue older or less fashionable design models, based on market trends and customer preferences. What are the key performance indicators you want to improve, and what are the benchmarks that you’ll use to evaluate each SKU? Define your objectives and criteria for SKU rationalisation.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52