Silvon Software

JULY 22, 2022

For one thing, today’s operational processes have become more complicated due to the ever-growing number of sources, platforms and touchpoints that must now be analyzed in order to drive actionable insights from them. 60% to 70% is considered a good benchmark of inventory levels. Logistics / Shipping Metrics That.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

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

ThroughPut

MAY 13, 2022

Demand planners work with sales, marketing, and other key stakeholder teams to extract historical data such as sales and company growth statistics – as well as real-time data on market trends, consumer behavior, etc. – For example, you can now generate time-series sales forecasts and trends in Excel.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

ThroughPut

MAY 13, 2022

Demand planners work with sales, marketing, and other key stakeholder teams to extract historical data such as sales and company growth statistics – as well as real-time data on market trends, consumer behavior, etc. – For example, you can now generate time-series sales forecasts and trends in Excel.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

Supply Chain Shaman

AUGUST 7, 2019

” Or alternatively, “Is there data that could be sourced to help?” Most companies cannot get to data by customer on orders shipped incomplete to understand root cause analysis. Build an industry peer group and gain insights on major trends. Ecolab was able to overcome the downward trend. Step Three.

Supply Chain Design Software 252

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 252

Talking Logistics

DECEMBER 6, 2017

Editor’s Note: Our “ Research in Focus ” series highlights research conducted by select partners on timely and important trends impacting supply chain and logistics professionals today. Many factors can affect sourcing decisions, from raw material availability to labor costs to Free Trade Agreement (FTA) benefits or trade preference programs.

Optimal Sourcing 144

Optimal Sourcing Research Sourcing Trends 144

Locus

DECEMBER 7, 2021

Presently, their major focus lies on local production, warehousing and strategic sourcing. million barrels of oil a day go through the canal, according to shipping journal Lloyd’s. This issue has affected shipping goods from Asia to Europe and the Middle East. Optimize sourcing decisions.

Supply Chain Disruption 52

Supply Chain Disruption Optimal Sourcing Modeling Supply Chain Planning Software 52

Unleashed

JANUARY 29, 2024

An electronics manufacturer chooses to discontinue older or less fashionable design models, based on market trends and customer preferences. Streamlined processes for order picking , packing, and shipping. What are the key performance indicators you want to improve, and what are the benchmarks that you’ll use to evaluate each SKU?

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

GlobalTranz

DECEMBER 29, 2015

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. However, its usage is yet to reach a point where shipping professionals consider it indispensable for their business.

Transportation Management 120

Transportation Management Transportation Cost Reduction Strategies Sourcing Strategies 120

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

ThroughPut

FEBRUARY 2, 2024

This technology sifts through complex data to forecast potential disruptions and market trends, allowing companies to plan ahead instead of reacting in the moment. This advanced form of supply chain analytics offers agility and adaptability, setting new benchmarks for data-driven decision-making.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Precoro

MAY 19, 2023

By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time. On-time shipping For a delivery to be made on time, it needs to go out on time. On-time shipping is a metric that evaluates how many orders are shipped on or before the scheduled departure.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Freightos

NOVEMBER 10, 2020

Of course, COVID-19 has accelerated this trend, with more consumers working from home and ordering online, while it’s also become easier for sellers to source on Alibaba, import, and then sell on Shopify or Amazon.com. Even before this year, 97% of US importers are small businesses , bringing in about $50 billion in imports.

Los Angeles 156

Los Angeles China Cargo Warehousing 156

Talking Logistics

JULY 19, 2013

As I’ve commented in previous postings, if you are a 3PL or transportation company and you’re not involved in cross-border shipping with Mexico, then you are missing out on a growing business opportunity (see Reuters article from December 2012).

Logistics Network Optimization Software 132

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

Zipline Logistics

FEBRUARY 9, 2021

Logistics data refers to the metrics used to track, measure, and benchmark parts of your supply chain’s performance. Data is particularly influential when dealing with trends and new demands as they emerge in retail delivery and supply chain management. What is Logistics Data? Total Transportation Spend. Average Cost Per Load.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

MIT Supply Chain

FEBRUARY 3, 2022

Next, a backlash is triggered that draws the term’s credibility into question, followed by a revival as professionals in organizations such as consultancies step in to benchmark the term and enshrine it in best practices. Eventually it is “widely used, overused, and possibly abused” and applied indiscriminately, he says.

Sustainability 52

Sustainability Supply Chain Software Supply Chain Purchasing Skills 52

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The use of customer segmentation strategies to define order policies for lead times, discounts, allocation, and shipping priorities.

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186

GlobalTranz

APRIL 25, 2016

Promise time, lead time, cycle time, transit time, delivery time, unloading time, processing time, queue time, quality assurance time, processing time, turnaround time, receiving time, and shipping time to the customer, (and I bet you could think of more "times" to measure!). View our Trends Category to stay up to speed. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

SupplyShift

DECEMBER 6, 2021

To gain this kind of transparency, businesses must create a global map of their supply network, right down to the source. To uncover your N-tier suppliers and gain visibility to the source, request that your tier one suppliers send the same basic assessment to your tier two suppliers, or their direct suppliers.

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Supply Chain Demand Planning Software 52

SupplyShift

DECEMBER 6, 2021

To gain this kind of transparency, businesses must create a global map of their supply network, right down to the source. To uncover your N-tier suppliers and gain visibility to the source, request that your tier one suppliers send the same basic assessment to your tier two suppliers, or their direct suppliers.

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Supply Chain Demand Planning Software 52

Intelligent Audit

FEBRUARY 3, 2022

Freight bill auditing service providers help shippers determine the cost of shipping services and what to pay for those services. . Get better deals on shipping rates. Freight auditing consultants help businesses get the best freight rates and make sure they are not overcharged for shipping services.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Consultancy UK). Supply Chain Dive).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

NC State SCRC

OCTOBER 23, 2018

In conjunction with the latest analytics technology, big data enables companies to quickly gain useful knowledge from massive volumes of structured and unstructured data from multiple sources. For supply chain managers, this strategy can help boost visibility and deliver more in-depth insights into the entire supply chain.

Big Data 58

Big Data Supply Chain Planning Software Supply Chain Software Analytics Software 58

SupplyShift

NOVEMBER 29, 2021

Fashion houses are quick to highlight their recycled materials, vegan-friendly “leathers,” and eco-friendly tendencies but choose to omit the manufacturing and shipping process they depend on to produce the apparel, where more than 87% of GHG emissions come from. The fashion industry is an excellent example of this.

Sustainability 52

Sustainability Report Manufacturing Procurement Optimal Sourcing 52

SupplyShift

NOVEMBER 29, 2021

Fashion houses are quick to highlight their recycled materials, vegan-friendly “leathers,” and eco-friendly tendencies but choose to omit the manufacturing and shipping process they depend on to produce the apparel, where more than 87% of GHG emissions come from. Create supplier benchmarking reports and share them back with suppliers.

Sustainability 52

Sustainability Report Manufacturing Procurement Optimal Sourcing 52

SCMDOJO

DECEMBER 11, 2023

Access to data on supplier performance, market trends, and cost analyses enables leaders to optimize procurement strategies for improved efficiency and effectiveness. Delivery Status: Indicates whether items have been shipped or delivered as scheduled. goods, services, or indirect spending). What are the 5 main things in procurement?

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Logistics Viewpoints

JANUARY 23, 2024

The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers. The data is all anonymous, but retailers can look at metrics such as time to fulfill, pack time, conversions, and ship versus pick-up, to name a few, across hundreds of Active Omni customers.

Supply Chain Planning Software 209

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

Intelligent Audit

NOVEMBER 5, 2021

In recent years, shipping GRIs among carriers tend to be around 3% to 5% each year. This average shipping rate increase index is a reflection of how carriers look to balance demand with capacity, but it’s not always the same. Fifteen actionable steps that mitigate higher shipping rates’ impact. Benchmarking Capabilities.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

Arkieva

JANUARY 6, 2017

Over the past year, the Arkieva Supply Chain Link Blog provided thought leadership and informative posts on supply chain strategy tips, trends, and news. If you use certain items frequently, keep them closer to the working or shipping area. Supply Chain Complexity 1 – Plan/Source/Make/Deliver/…. Happy new year! Read More ».

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

The tight capacity and shipping downtime can increase rates and severely disrupt freight flow for months. As it takes time for shipping to reset back to ordinary capacity levels and flows, this change impacts rates, and can also influence other supply chain decisions where transportation rates and on-time performance play a major role.

Predictive Analytics Software 130

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

Intelligent Audit

OCTOBER 26, 2021

Finding ways to keep costs in check often comes down to understanding the various shipping surcharges and how shippers can best avoid them through stronger shipping audits. A Single Source of Truth for Shipping Surcharges Management. Instability is among the singular constants affecting supply chain management.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 52

Intelligent Audit

AUGUST 26, 2021

Their strength rests in how shippers leverage technology and how they apply the data from myriad data sources to make sense of what’s happening and how it all affects transportation spend. Anomaly detection allows for benchmarking on extremely detailed KPIs when the shipper steps out of its determined guardrails.

Freight 52

Freight Analytics Software Demand Planning Software Logistics Network Optimization Software 52

Infosys Supply Chain Management

JUNE 28, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Discuss the latest trends and solutions across the supply chain management landscape. These measurements can then be compared to OEM guidelines or an established baseline or benchmark. Customer Service.

Supply Chain Planning Software 22

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

Talking Logistics

FEBRUARY 1, 2019

req’d) How Blockchain Could Benefit Levi’s Worker Well-Being Initiative (Sourcing Journal) Companies Plan for Tariffs, More Paperwork in Case of ‘No-Deal’ Brexit (WSJ – sub. In short, this trend could give rise to a new transportation role: “Transportation Facility Brand Manager.”.

Logistics Network Optimization Software 104

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 104

Logistics Bureau

OCTOBER 26, 2020

Led by multinational corporations, the trend by big companies in recent years has been to work only with suppliers that maintain high social and environmental standards. Such technology, for example, can help organisations identify the fastest, cheapest, and most sustainable shipping routes. Measure geopolitical risks.

Supply Chain Planning Software 84

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

Unleashed

JULY 23, 2023

They provide clear insights and benchmarks around the operational efficiency of specific manufacturing processes. Order cycle time KPIs calculate the average time between when you receive an order and when it is shipped. Rate of return The rate of return KPI measures the rate that shipped items are returned to you.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

Logistics Viewpoints

FEBRUARY 28, 2022

Having an agent detect how long it takes to ship from a supplier site to a manufacturing facility, and then doing a running calculation on how the average lead time is changing, is trivial math. At Coupa supplier risk is also flagged for single source or capacity constraints. The agent technology is much more complicated than the math.

Optimal Sourcing 282

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 282