Logistics Viewpoints

MARCH 27, 2023

When companies talk about improving their forecasting, they are most often referring to demand forecasting. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. APQC – a benchmarking, best practices, and performance improvement organization – is one place you can get these numbers.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Logistics Viewpoints

APRIL 5, 2023

The majority of time when people are discussing digital transformation, they are not directly referring to the digital transformation of supply chains. Most recently, the APQC has conducted best practice and benchmarking research on digital transformation.

Logistics Network Optimization Software 246

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

Logistics Viewpoints

SEPTEMBER 5, 2019

Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. This is sometimes referred to as “best practice benchmarking” or “process benchmarking” Management uses this process to evaluate various aspects […].

Benchmarking 112

Benchmarking Metrics Logistics Industrial 112

GlobalTranz

AUGUST 18, 2021

That includes analysis of current operations, costs by mode, performance and benchmarking of existing partnerships. In many cases, this refers to the intuitive workflows that exist with the TMS in operation. The right service provider should prioritize value as a trusted advisor and analytics partner.

Logistics Network Optimization Software 309

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Optimization Software 309

New Horizon Supply Chain Blog

OCTOBER 21, 2022

The Association for Supply Chain Management (ASCM, formerly APICS) just announced a major update to their Supply Chain Operations Reference (SCOR) model, in what they’re calling “the most significant update since the inception of SCOR in 1996.”

Modeling Software 52

Modeling Software Modeling Sourcing Strategies Gartner 52

E2open

JANUARY 19, 2023

billion transactions and tracking 71 million containers annually, the e2open Ocean Shipping Index provides a data-driven reference for shippers to understand how long it takes to move goods internationally as well as the factors that contribute to observed delays. View the latest e2open Ocean Shipping Index at e2open.com.

Logistics Network Optimization Software 148

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

SYSPRO Smarter ERP

MAY 29, 2023

Marshalling in warehouse management refers to the process of arranging and preparing items for outbound shipment according to their destination and delivery schedule, as well as verifying their accuracy and completeness. Key metrics that will indicate if marshalling is needed relate to picking and shipping.

Warehousing 98

Warehousing Material Savings Expense Reduction Cost Reduction Strategies 98

Supply Chain Insights

JULY 23, 2017

Benchmarking. The first step to building a guiding a coalition is benchmarking. We are offering three types of benchmarking: planning, financial and organizational. Understand inventory write-offs, impact of forecast processes and technology satisfaction in the planning benchmarking. Here we share some insights.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 0

Proxima

JULY 3, 2023

You can find more about carbon accounting here , but essentially it refers to measuring the volume of carbon dioxide “equivalents” an organization emits across all aspects of its business – defined by the independent standard, the Greenhouse Gas Protocol, as Scopes 1, 2 & 3. It’s time to communicate.

Cost Reduction Strategies 52

Cost Reduction Strategies Resource Reduction Supply Chain Planning Software Supply Chain Design Software 52

Enterra Insights

JANUARY 18, 2024

Imagine surgeons supplemented with AI-guided diagnostics during procedures, attorneys empowered by AI-curated case references mid-trial, or software developers aided by instantaneous, AI-propelled code suggestions. He writes, “Envision AI as more than just an instrument; picture it as an invaluable ally. ” Singularity ?

Trends 264

Trends Predictive Analytics Software Modeling Software Optimization Software 264

Talking Logistics

APRIL 12, 2018

DC Velocity and Descartes have conducted a transportation benchmark study for the last two years to help transportation professionals understand what is driving the market, and how the strategy and tactics of top performers differ from the rest of the pack. Figure 1: Transportation IT Spend Change Next 2 Years (Source: Descartes).

Transportation Management 104

Transportation Management Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 104

Logility

JANUARY 14, 2021

Benchmark Based on Global Survey Highlights Logility’s Leadership in Ease of Use and Driving Rapid Benefits. For further information about risks the Company and American Software could experience as well as other information, please refer to American Software, Inc.’s ATLANTA – January 14, 2020 – Logility, Inc.,

Supply Chain Planning Software 130

Supply Chain Planning Software Optimization Software Analytics Software Demand Planning Software 130

Freightos

AUGUST 29, 2019

Referring to the three largest European container carriers’ commitments to DCSA (standardization protocols), TradeLens (document sharing) and Traxens (real-time container shipment visibility), SeaIntelligence Consulting’s Lars Jensen concluded they have, “decided that now is the time to accelerate the digital transformation of the industry”.

Logistics Network Optimization Software 202

Logistics Network Optimization Software Real-time Visibility Price Reduction Cost Reduction Strategies 202

4WL Consulting

SEPTEMBER 14, 2016

Managing without a point a reference to track performance is impossible. This is the value of benchmarking. Setting logistics benchmarks requires a shipper to look inward but also outwardly as well. This means some important benchmarks are things best measured against yourself. weight per truckload. Are you ready?

Benchmarking 100

Benchmarking Logistics Network Optimization Software Logistics Freight 100

4WL Consulting

SEPTEMBER 14, 2016

Managing without a point a reference to track performance is impossible. This is the value of benchmarking. Setting logistics benchmarks requires a shipper to look inward but also outwardly as well. This means some important benchmarks are things best measured against yourself. weight per truckload. Are you ready?

Benchmarking 100

Benchmarking Logistics Network Optimization Software Logistics Freight 100

Locus

SEPTEMBER 19, 2023

One key factor for this is consumer expectations continue to reach higher benchmarks. Periodic use of the last mile maturity assessment helps benchmark performance, identify areas for growth, streamline processes, and align with customer needs.

Report 52

Report UAE Expense Reduction Negotiating Skills 52

The Network Effect

MAY 15, 2015

The Supply Chain Operations Reference model (“SCOR”) can be useful for measurement and benchmarking purposes. It is a top down approach where at its lowest level an enterprise can try to map how they run the business to how the taxonomy is structured in order to try and derive some value out of the benchmarks.

Modeling 100

Modeling Modeling Software Supply Chain Software Supply Chain 100

Material Handling & Logistics

JULY 30, 2018

The Consumer Goods Forum’s Sustainable Supply Chain Initiative (SSCI) has opened the global public consultation of its first set of benchmarking criteria and is inviting all stakeholders to participate in this public consultation ahead of the official launch later this year. child labour, forced labour, working hours, discrimination, etc.).

Sustainability 54

Sustainability Benchmarking Supply Chain Food 54

NC State SCRC

JUNE 26, 2023

” My interest in this area led me to conduct some benchmarking research from professionals who are experienced in the acquisition and implementation of warehouse management systems. What follows are a few insights. This enables efficiencies of directed work activity and the delivery of accurate information in near real time.

Supply Chain Design Software 52

Supply Chain Design Software Inventory Management Software Supply Chain Planning Software Optimization Software 52

Talking Logistics

NOVEMBER 17, 2015

Benchmark your operation using the selected metrics. There are two broad types of benchmarking: internal and external. Internal benchmarking refers to activities within the four walls of the enterprise. External benchmarking pertains to the world outside of your enterprise. A watching brief on industry trends.

Supply Chain Software 100

Supply Chain Software Supply Chain Optimization Supply Chain Strategy Supply Chain Network Software 100

Intelligent Audit

APRIL 20, 2021

Additionally, companies should create a quick shipper profile checklist to reference as you go into negotiations, including: What are the top services you utilize the most often? Create a Benchmark. It is imperative to set a clear, concise benchmark during small parcel contract negotiations.

Negotiating Skills 59

Negotiating Skills Price Reduction Cost Reduction Strategies Benchmarking 59

GlobalTranz

MARCH 14, 2016

Virtual reality in manufacturing is referred to as “digital design, simulation, and integration. Virtual reality, according to Computer Weekly , is achieved through four different, integrated devices, which include the following: Content - This refers to the 3D images within virtual reality. Review of Workflows and Benchmarking.

Supply Chain Design Software 120

Supply Chain Design Software Analytics Software Predictive Analytics Software Modeling Software 120

Logistics Bureau

OCTOBER 20, 2021

In reality, though, most of those instruments are there for reference in case of exceptions to normal flight conditions. 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.

Supply Chain Design Software 80

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

QAD

MAY 4, 2023

Understand the complementary IATF 16949 and MMOG/LE processes with QAD’s cross reference mapping that allows quality and supply chain managers to see the complementary processes and how to act on the intersection. Know that QAD has already added MMOG/LE v6 into Automotive Process maps with the March 2023 launch.

Supply Chain Planning Software 95

Supply Chain Planning Software Automotive Material Savings Scenario Planning 95

TMC

MARCH 31, 2016

Benchmark your operation using the selected metrics. There are two broad types of benchmarking: internal and external. Internal benchmarking refers to activities within the four walls of the enterprise. External benchmarking pertains to the world outside of your enterprise. A watching brief on industry trends.

Supply Chain Software 69

Supply Chain Software Supply Chain Optimization Supply Chain Network Software Network Optimization Software 69

Talking Logistics

JULY 19, 2013

LLamasoft Launches Data Services to Provide Reference Data for the Supply Chain Design Community. Source data is a combination of reference and benchmark data from third parties as well as econometric models and formulas. HighJump Software Acquires Evenex.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 132

KEPLER Consulting

MARCH 23, 2018

Refer to our article “ Supply Chain optimization: a total cost approach ”. Utilize benchmarking to identify gaps across BU/Regions and optimized sourcing strategies. They are increasingly utilized in industry and therefore is, every day, adding external benchmark knowledge for each commodity (IP and confidentialities being respected).

Negotiating Skills 64

Negotiating Skills Purchasing Skills Negotiate Pricing Material Savings 64

Supply Chain Collaborator

JUNE 21, 2018

Vitiello also noted the imminent release of additional, powerful new transportation logistics automation solutions on the UltraShipTMS product roadmap like UltraBid, a new procurement event manager scheduled for release later this year.

Modeling 60

Modeling Supply and Demand Demand Planning Software Supply Chain Software 60

Logility

AUGUST 25, 2020

In fact, the Supply Chain Operations Reference (SCOR) model published by the Supply Chain Council outlines core attributes common to any business with a supply chain and associated core (or “Level One”) metrics. Your Supply Chain Type. So what orientation does your company have? SCOR Attribute. Next, how do you assess performance?

Supply Chain Planning Software 173

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

Material Handling & Logistics

JULY 16, 2018

This refers to the movement or repositioning of empty containers—clearly an inefficient and costly process. Lack of Benchmarking: Businesses may assume they have settled on good transportation rates; however, it’s important to validate the true value by benchmarking against others in the sector. Empty Repo.

Supply Chain Software 74

Supply Chain Software Supply Chain Network Software Analytics Software Modeling Software 74

Talking Logistics

JUNE 27, 2014

Access to FMIC benchmarks will be included within LLamasoft’s cloud-based Data Services application, a supply chain design reference and benchmark data offering, and integrated into LLamasoft Data Guru, a data analytics application, to ready it for supply chain modeling in LLamasoft Supply Chain Guru.

Logistics Network Optimization Software 143

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

E2open

OCTOBER 13, 2016

Analysts are calling this the “Digital Supply Chain”; and The World Economic Forum refers to it as the “Fourth Industrial Revolution.” For additional analysis on the state of demand planning performance request your copy of E2open’s 2016 Forecasting Benchmark Study. Sounds great but is this hype or reality? million SKUs. Forecasting.

Expense Reduction 60

Expense Reduction Cost Reduction Strategies Resource Reduction Supply and Demand 60

E2open

OCTOBER 13, 2016

Analysts are calling this the “Digital Supply Chain”; and The World Economic Forum refers to it as the “Fourth Industrial Revolution.” At the same time, there is a lot of industry talk about prescriptive analytics that use real-time data, algorithms and automation to enable a surge in productivity and performance. million SKUs. Forecasting.

Expense Reduction 60

Expense Reduction Cost Reduction Strategies Resource Reduction Supply and Demand 60

Locus

OCTOBER 25, 2023

The result was a comprehensive report that not only sheds light on current practices but also offers a benchmarking tool—a rapid yet revealing survey taking just under five minutes on the Locus platform. To unearth invaluable insights on the state of last-mile delivery across Asia. Click here!

Optimization Software 52

Optimization Software Analytics Software Inventory Management Software Demand Planning Software 52

Supply Chain Matters

MARCH 7, 2022

In this Supply Chain Matters Product Demand and Supply Network Perspective we reference a published Bloomberg report addressing how the ongoing Russia-Ukraine conflict is impacting commodity and materials planning and supply concerns.

Price Reduction 52

Price Reduction Forecasting Supply and Demand Agile and Lean Supply Chain 52

Supply Chain Collaborator

JULY 24, 2017

The DAT network of load boards released information this week revealing that spot rates for van, flatbed and refer trucks continues to sit at a two-year high. Another best practice involves setting rate benchmarks in all lanes , and in particular, those that are identified via reporting as high frequency utilizers of the spot market.

Benchmarking 60

Benchmarking Report Logistics Network Optimization Software Supply Chain Network Software 60

Unleashed

APRIL 18, 2023

Backorder rate Backorder rate refers to the number – presented as a percentage – of customer orders that are unable to be fulfilled due to stockouts, supply chain issues, or inventory glitches. This metric gives insights into the delays or problems with customer orders.

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52