Silvon Software

JUNE 1, 2023

Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. At times, finding the right metrics can feel incredibly challenging, and there might be a tendency to measure things for the sake of measurement. The KPIs here highlight procurement, production, logistics, and customer fulfillment.

S&OP 103

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 103

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? Logistics Logistics involves managing the transportation and delivery of goods.

Optimal Sourcing 76

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 76

Logility

AUGUST 25, 2020

Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. While Key Performance Indicators (KPIs) may be reviewed quarterly or monthly, the speed with which supply chain operations occur makes a daily view of more tactical and operational metrics a growing necessity.

Supply Chain Planning Software 173

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

GlobalTranz

OCTOBER 16, 2015

As a third-party logistics company focused on over the road transportation management, and having an LTL rating engine and web-based TMS for nearly 20 years (web-based even before Google!), at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well.

Negotiating Skills 120

Negotiating Skills Price Reduction Cost Reduction Strategies Optimal Sourcing 120

Logistics Bureau

FEBRUARY 6, 2023

Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supply chain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty. Therefore, you can’t improve them.

KPI 83

KPI Supply Chain Strategy Supply Chain Software Supply Chain Design Software 83

Talking Logistics

APRIL 27, 2015

In the first episode of this educational series focused on the link between transportation management and supply chain excellence, Chris Timmer of LeanLogistics (a Talking Logistics sponsor) outlined the attributes of a strong transportation management foundation and how to build it. What’s the first step in that process?

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Supply Chain Strategy Strategy 100

Logility

AUGUST 4, 2023

Whether your definition of value includes on-time, in-full (OTIF), inventory reduction or optimization, transportation spend, speed of decision making, supply chain costs, net working capital, or a myriad of other value measures, you know your business better than anyone.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Vendor Strategies 208

Supply Chain Shaman

NOVEMBER 9, 2014

When we started benchmarking companies, Deborah and I had a friendly wager. I believed that we would find a company with the lowest distribution costs (warehousing and transportation), and the lowest manufacturing costs, and this would result in the best overall cost structure. She asked me, ‘What was the impact on total costs?’

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

Supply Chain Shaman

SEPTEMBER 3, 2015

This morning, unexpectedly, I found myself in the middle of a debate between my two panelists on the Planning Benchmarking Panel for the Summit. Recently through my analysis of the planning benchmarking work, I have become fascinated on the role of inventory in the market-driven value network. This is a series of preparation calls.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure. 3PL/SLA Skills/Knowledge.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Talking Logistics

JUNE 2, 2016

This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself. This begets the need to set the overall strategy for the divestment by way of an exercise, called “capability scoping.”

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

Supply Chain Shaman

DECEMBER 29, 2016

As I study research methods, and the market, I realize the lies I’ve spun for prior employers (Gartner and AMR Research) are untrue: The AMR Research Hierarchy of Supply Chain Metrics. This research, released in 2005, gives a compelling view of a metrics hierarchy. The issue? I think there was causality, but never correlation.

Inventory Reduction 0

Inventory Reduction Supply Chain Planning Software Forecasting Gartner 0

TMC

SEPTEMBER 27, 2018

While shippers face the difficult market conditions of tight capacity and increased consumer demands, they are also being challenged to find transportation cost savings and improve customer satisfaction. In the research, using transportation providers with focused roles in the route guide was one of the strongest indicators of performance.

Optimal Sourcing 62

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 62

TMC

SEPTEMBER 27, 2018

While shippers face the difficult market conditions of tight capacity and increased consumer demands, they are also being challenged to find transportation cost savings and improve customer satisfaction. In the research, using transportation providers with focused roles in the route guide was one of the strongest indicators of performance.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 48

TMC

SEPTEMBER 27, 2018

While shippers face the difficult market conditions of tight capacity and increased consumer demands, they are also being challenged to find transportation cost savings and improve customer satisfaction. In the research, using transportation providers with focused roles in the route guide was one of the strongest indicators of performance.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 48

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

AFFLINK

NOVEMBER 21, 2017

Not every victory involves something as grand as meeting yearly benchmarks - sometimes you just need to take a second to appreciate the fact that you rolled out new technology without creating a dozen additional problems for yourself down the road. You're Utilizing More Meaningful Metrics.

Agile and Lean Supply Chain 48

Agile and Lean Supply Chain Supply Chain Software Supply Chain Metrics 48

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Another option is to work in a warehouse, or in transport, or maybe in customer service where you are dealing with people all the time. You can’t go wrong with finance either.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Arkieva

APRIL 7, 2016

We may also choose to fly material instead of using slower transportation like rail or truck. On the other hand I can reduce my cost by increasing batch sizes in production or MOQ’s in procurement. Using Orbit Charts to Benchmark EBIT versus Inventory Turns. In her excellent book ‘Supply Chain Metrics that Matter’ (Cecere, L.M.,

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization Supply Chain Strategy 60

Supply Chain Shaman

AUGUST 16, 2015

GT Nexus is one of the strongest providers of transportation visibility for the global ecosystem. The Ariba infrastructure is so heavily entrenched in indirect procurement processes that it is hard to adapt to the solution to manage direct materials in the supply chain. 3) Benchmark Data and Early Alerting. It is clear.

Prescriptive Analytics Software 150

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

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. Should you do it in bulk, in pallets, or other channels based on transportation, spoilage, and consumption factors?

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 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

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. You don’t have to wait any longer to learn why supply chain benchmarking is increasingly winning advocates in the commercial arena.

Benchmarking 40

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

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Fourth Step: Benchmark KPIs to understand limitations and discover opportunities. Customer Satisfaction scores side by side with the service level and availability metrics.

Supply Chain Planning Software 262

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 262

ShipBob

APRIL 15, 2024

That’s why you need to closely measure metrics such as gross margin return on investment (GMROI). This metric doesn’t just account for the cost of buying inventory. It also factors in other expenses involved in holding, maintaining, and preparing inventory for sale, such as inventory storage , transportation, labor, and marketing.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Infosys Supply Chain Management

JUNE 28, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. We spoke to many sustainability and business domain experts who have wide expertise working within asset intensive organizations like Power Generation, Utilities, Oil & Gas, Telecommunications and Transportation.

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Software Sustainability Agile and Lean Supply Chain 22

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Increased Shipping Costs, Delays, and Transportation Issues. Department of Transportation ). Deloitte ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis. Let's learn more about them.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Taulia

JULY 11, 2023

Build an ESG-compliant supplier base To address ESG risks, companies need to put ESG at the forefront of how they do business – and that starts with the procurement process. Businesses that hold too much inventory needlessly use resources to source, produce, store, and transport items that might not even be sold.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Supply Chain Optimization Material Savings 40

Requis

OCTOBER 30, 2020

Because one of the major costs in a business, if you take in procurement and cost of goods, is supply chain. We have a couple of people in our business who are amazing at building online analytics tools to analyze inventory, provide benchmarking, and all sorts of diagnostic tools. They are far more literate in terms of data.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Supply Chain Shaman

AUGUST 21, 2016

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. Customer-Centric Benchmarking. Interested in benchmarking your supply chain on customer-centric strategies? What do you think?

S&OP 150

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

Supply Chain Management and Analytics

MARCH 5, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Fourth Step: Benchmark KPIs to understand limitations and discover opportunities. Customer Satisfaction scores side by side with the service level and availability metrics.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 52

Intelligent Audit

NOVEMBER 10, 2021

With the 2021 peak season, RFP and modern supply chain management remains essential today in the shipping and transportation market. The global effects of the pandemic created a sudden shift in small parcel volumes and caused an accelerated shift in parcel types, shipping modes, product demands, and transportation service availability.

Optimal Sourcing 52

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

Intelligent Audit

AUGUST 3, 2021

The lack of end-to-end visibility and applicable metrics has made it difficult for parcel carrier s and shippers to envision the value of data and analytics within their network systems. Analytics Shed Light on the Performance of Transportation Network Partners. CPG and Retailers Leverage Data to Identify Gaps in Logistics Management.

Analytics Software 52

Analytics Software Predictive Analytics Supply Chain Planning Software Analytics 52

Supply Chain Shaman

JUNE 16, 2014

I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear. They also enable the evaluation of networks for both sales and procurement relationships to optimize the flows upstream and downstream. And, in our Digital Manufacturing Study.

Supply Chain Design Software 287

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 287

ShipBob

DECEMBER 3, 2021

While this position goes by several other job titles (such as “Logistics Director”, “Head of Logistics”, and “Director of Supply Chain”), its basic purpose is always the same: to manage every step in the supply chain, including procurement , production, inventory management , fulfillment, and shipping.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing 52

SCMDOJO

MARCH 19, 2024

These tools can help research competitors’ SEO and content strategies to benchmark performance. The success of the emails can be tracked through metrics such as bounce, click-through, and conversion rates. This can uncover gaps to fill or best practices to implement to outperform rivals.

Supply Chain Visibility 78

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 78