Supply Chain Shaman

JULY 19, 2015

Benchmarking is a measurement of the quality of an organization’s policies, products, programs or strategies against standard measurements. Today, I am going to share five insights that I have gleaned from our work on Supply Chain Planning Benchmarking. Benchmarking is not Benchmarking. The reason is simple.

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Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

Logistics Bureau

NOVEMBER 8, 2021

Well, not just for benchmarking, but also for maximum visibility of your supply chain and logistics performance. They will also provide valuable guidance in the use of key performance indicators for performance benchmarking. Whatever your competitive strategy, though, your supply chain goals should support it. I hear you ask.

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Logistics Bureau

OCTOBER 19, 2020

Well, I asked Steven Thacker, one of our benchmarking management experts, exactly that question! What is Benchmarking? Benchmarking is essentially comparing; comparing one against another. Those levels are “benchmarks”. Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere.

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Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

Proxima

NOVEMBER 2, 2022

The result, the Scope 3 Maturity Benchmark. Jamie and his team have overlayed wider Proxima experiences and industry insights to create a maturity Benchmark anchored around; Strategy Organization Process People Supplier Engagement Data & Technology Performance Management What will it be used for? What have we done?

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Benchmarking Resource Reduction Modeling Modeling Software 52

Talking Logistics

JANUARY 31, 2017

In other words, if a planner receives multiple spot quotes for a load, the best he or she can do is a comparative analysis between the quotes without a benchmark. Technology vs. Manual Benchmarking Approach. The benchmark itself in this instance could be reflective of two different approaches.

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Benchmarking Negotiating Skills Cost Reduction Strategies Resource Reduction 100

Logistics Viewpoints

JULY 14, 2016

This past spring, we conducted a benchmark study with over 100 forwarders and brokers to evaluate how macroeconomic changes were impacting them, the strategies and tactics they were using to be successful and the importance of technology to their business. Below, we’ve included some of […].

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Benchmarking Logistics Network Optimization Software Supply Chain Strategy Logistics 100

The Logistics of Logistics

SEPTEMBER 15, 2023

About Jonathon McKay Jonathon McKay is a highly experienced partner at PATH specializing in exceptional growth strategies for the supply chain industry. Focused on logistics, manufacturing, and distribution channel strategies, Jonathon helps organizations make confident decisions for bold growth.

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DAT Solutions

JANUARY 27, 2021

Members of the Freight Market Intelligence Consortium (FMIC), a group of leading shippers who use DAT iQ for benchmarking, identified two key strategic trends. . Supply chains faced unprecedented disruptions in 2020, but the pandemic provided fresh perspectives for 2021.

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The Logistics of Logistics

AUGUST 28, 2023

She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools. About Sarah Bertram Sarah Bertram is a Shipper Sales Manager at DAT.

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Supply Chain Game Changer

NOVEMBER 11, 2020

Instead of waking to a real Christmas horror, ensure your supply chain is capable of handling peak demands by understanding the problem with poor peak season planning, how the right strategies build optimization, and by applying these nine critical best practices. The Problem With Poor Peak Season Fulfillment Strategies.

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Inventory Reduction Supply Chain Strategy Price Mitigation Strategies Strategy 84

Talking Logistics

SEPTEMBER 29, 2016

In today’s highly competitive marketplace, understanding how your company’s procurement strategy and results compare with industry peers is critical. Consider how these issues will impact your carrier rates and learn why now is the ideal time to benchmark and bid your rates with the help of a third-party logistics (3PL) provider.

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Benchmarking Negotiating Skills Price Reduction Cost Reduction Strategies 100

Enterra Insights

FEBRUARY 17, 2022

Without a holistic vision and strategy, technologies purchased to enhance one city system might not be compatible with technology utilized to enhance other urban systems. We’re setting the benchmark for cities around the world to become smarter, efficient, safer and more sustainable.”[8]. ”[8]. Emergency Response.

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Sourcing Strategies Expense Reduction Cost Reduction Strategies Resource Reduction 130

EC Sourcing Group

NOVEMBER 3, 2021

EC Sourcing Group ranks as a ‘Value’ & ‘Customer’ Leader in Latest eSourcing Benchmarking Study. Spend Matters’ newly released Fall 2021 SolutionMap report names EC Sourcing Group a Customer & Value Leader across multiple organization types.

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EC Sourcing Optimal Sourcing Sourcing Strategies Benchmarking 52

The Logistics of Logistics

DECEMBER 5, 2022

Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freight procurement platform. Brad Wheeler is the Senior Director of Customer Strategy at Emerge , the leading freight procurement technology platform. Emerge launches Benchmarking. About Brad Wheeler. Key Takeaways: The FreightTech Dilemma.

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Arkieva

MAY 12, 2016

Deriving a strategic benchmark for Product Leadership, Operational Excellence and Customer Intimacy in the Supply Chain Triangle. From the benchmark data gathered in the previous sections and the previous blogs, we can distill the benchmark for Product Leadership, Operational Excellence and Customer Intimacy, shown in Figure 9.

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Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. It had been a long night. However, I had little time to be tired. ” I smiled.

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Talking Logistics

DECEMBER 22, 2014

An important component of that foundation is defining and implementing an effective transportation strategy, which is the focus of this episode led by Eric Meister, COO at LeanLogistics. The role of BI, analytics, and benchmarking in separating perception from reality. ” and why it’s important.

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Supply Chain Strategy Strategy Price Mitigation Strategies Transportation 134

Arkieva

MAY 10, 2016

In our previous blog “ Linking the Supply Chain Triangle to Strategy ”, we have shown how we can map the 3 strategic options proposed by Treacy & Wiersema to the Supply Chain Triangle. A next logical question is if we can somehow capture this from publicly available financial data and benchmark companies on this strategic level.

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Arkieva

APRIL 19, 2016

Using so called orbit charts, we have benchmarked companies on EBIT% versus Inventory Turns. That benchmark helped to reveal the ‘best practice frontier’, which in turn helped in setting aggressive but aligned targets for EBIT% versus Inventory Turns. Benchmarking EBITDA% versus Inventory Turns.

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The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

This entails staying well-informed about industry trends, harnessing technology for improved decision-making and transparency, nurturing strong partnerships with service providers, and continuously evaluating and refining procurement strategies to address the evolving complexities of container shipping.

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Optimal Sourcing Procurement Sourcing Strategies Freight 130

Talking Logistics

JULY 5, 2018

Develop a comprehensive truckload strategy so you’re prepared to handle just about anything. Building the right truckload strategy for your business. The key to a great truckload strategy is aligning capacity communities with attribute segments of your freight portfolio. Select the perfect 3PL to augment your truckload strategy.

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Oracle SCM

JULY 12, 2017

Effective strategies coupled with a well-defined plan and the right tools helped supply chain professionals alleviate fulfillment pressures and readied managers for market changes in the future. What are the strategies that helped the best survive? Concurrently, the strategy reconciles the operating plan against financial goals.

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Silvon Software

APRIL 18, 2023

What’s really needed, though, is a cohesive measurement strategy that identifies goals, defines a portfolio of metrics to achieve them, and outlines an implementation plan to make it part of your ongoing business process. But for your measurement strategy to come alive, it should be implemented in technology for repeatability.

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Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 63

Supply Chain Trend

MARCH 14, 2018

S&OP mindset benchmark insights. Short term business issues still get in the way of maturing S&OP and using it for valuable long-term planning elements like portfolio management, rolling budgeting or strategy deployment. Based on the checklist we developed a survey to assess the S&OP mindset across companies.

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Logistics Bureau

FEBRUARY 6, 2023

2: Using KPIs That Are Not Aligned with Supply Chain Strategy We’ve stated many times in our articles that a supply chain strategy can only succeed when aligned with the overall business strategy. The whole point of KPIs is to show you how effectively your strategy is working by indicating progress toward your strategic goals.

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

The Logistics & Supply Chain Management Society

MARCH 14, 2023

What tools we can use to benchmark ocean freight and carriers’ service reliability? Types of Ocean Freight Contract POSSIBLE TOOLS FOR BENCHMARKING RATES Like in any industry, we gather market Intelligence through our own network. This network could be customers, other shippers and also carriers, and 3PLs.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Talking Logistics

APRIL 27, 2015

An important component of that foundation is defining and implementing an effective transportation strategy – a topic that I discussed with Eric Meister, LeanLogistics’ former COO, in a follow-up episode. What’s the first step in that process? A: Fundamentally, what kind of shipper you are is really based on three elements. Is it service?

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Supply Chain Strategy Strategy 100

Veridian Solutions

DECEMBER 2, 2019

Instead of waking to a real Christmas horror, ensure your supply chain is capable of handling peak season demands by understanding the problem with poor peak season planning, how the right strategies build optimization, and by applying these nine critical best practices. The Problem With Poor Peak Season Fulfillment Strategies.

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Inventory Reduction Supply Chain Strategy Price Mitigation Strategies Strategy 45

Veridian Solutions

JANUARY 29, 2020

Knowing that your distribution fulfillment strategy is working gives you a better insight into how your business is performing. Supply chain leaders must learn to recognize the warning signs of risky fulfillment strategies, the indicators of success, and how to maintain positive growth to stay profitable. Higher freight spend.

Inventory Reduction 58

Inventory Reduction Expense Reduction Cost Reduction Strategies Material Savings 58

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Networks and Benchmarking.

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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. The successful answer depends on supply chain strategy and the building of strong processes to manage supply. The strategy requires careful definition with finance. Inventory is both.

Waste Reduction 150

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Supply Chain Collaborator

JULY 21, 2016

In its 2016 Global Transportation Management Benchmark Study, American Shipper reveals a great deal of data about who is using TMS, who should be using TMS and why. Notes from the 2016 TMS Benchmark Study appeared first on UltraShipTMS. This partially explains the robust projected growth of the TMS market.

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The Logistics of Logistics

JULY 27, 2022

Mark McEntire is the Senior Vice President of Operations at Emerge, a freight technology firm that is reinventing freight procurement by providing access to benchmarked rates and thousands of trusted partners to maximize cost-savings. Key Takeaways: The Secret Sauce.

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Logistics Network Optimization Software Supply Chain Network Software Analytics Software Modeling Software 185

IQMS

MARCH 22, 2021

The following video explains how the DELMIAworks Warehouse Management System solves the complex challenges manufacturers are facing today: The following are five strategies manufacturers can take to improve warehouse management performance today and grow more resilient in the process: 1.

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Inventory Reduction Resource Reduction Cost Reduction Strategies Material Savings 54

Supply Chain Insights

JULY 23, 2017

Forge a strategy? 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.

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

Supply Chain Shaman

JUNE 29, 2021

We share the report to help companies benchmark and reflect. Leaders put meaning into their strategies. This week, while all my friends are on vacation, I am writing the final report for the Supply Chains to Admire. The report with over forty tables takes over a week to produce. Most are just that words. They lack meaning.

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