SYSPRO Smarter ERP

NOVEMBER 3, 2021

can be measured to define this metric. Manufacturing Cycle Time : This metric is most accurately obtained using real-time monitoring with a Manufacturing Execution System (MES). Freight bill accuracy : Whether shipping from factory to warehouse, or to the customer, this metric helps identify problems in billing operations.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Locus

APRIL 13, 2023

Advanced analytical insights: With advanced supply chain analytics from Locus’ offerings, businesses can solve many inefficiencies, complexities, and bottlenecks that make their last-mile delivery expensive. It has saved $275 million in logistics costs and 10m + kgs in Greenhouse gas emissions.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimization Software Analytics Software Supply Chain Planning Software 52

Locus

JULY 24, 2023

Supply chain management involves the transportation of freight between locations, and load matching is a small but critical aspect that drives supply chain efficiency. Load matching can be understood as the pairing of freight with the most suitable transportation carriers. Thirty-five percent of trucks travel empty in the U.S.,

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Optimization Software Logistics Network Optimization Software 52

QAD

FEBRUARY 7, 2023

This requires establishing KPIs and specific metrics of success to assess performance against. appeared first on QAD Blog. Supplier Relationship Management Benefits There are many benefits to supplier relationship management , all of which contribute to a healthier business.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

Supply Chain Shaman

DECEMBER 13, 2015

Today, 7% of order and purchase order flows move through business networks. For access to the report on business networks reference this r eport. She is trying to redefine the industry analyst model to make it friendlier and more useful for supply chain leaders. However, inter-enterprise communication moves largely by email.

Manufacturing Procurement 150

Manufacturing Procurement Procurement Analytics Supply Chain Network Software Procurement Solutions 150

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Optimize delivery routes, improve freight operations, and propose the best shipping methods to you.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

The Logistics of Logistics

OCTOBER 8, 2012

Chuck specializes in Supply Chain Optimization, Third Party Logistics (3PL) and International Purchasing and Importing Consulting. He also writes for THE GOOD WORD, LinkedIn and other Supply Chain Blogs. He is a guest speaker at the Purchasing Management Association and the University of Wisconsin-Madison.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

GlobalTranz

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. In today's post, we share 5 Golden Manufacturing Metrics that all manufacturing companies should understand to improve plant operations quality.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

Supply Chain Game Changer

AUGUST 21, 2022

In order to measure the efficiency of your supply chain, companies must track certain metrics. Metrics help to prioritize activities and improve processes. Some metrics are critical to meeting regulatory requirements and contractual obligations, while others track efficiency and service, which produce higher profits.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

BlueYonder

JANUARY 31, 2023

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. In this Part 2 blog post, we will continue to explore how automotive manufacturers are carrying out effective supply chain initiatives and their innovative solutions.

Automotive 85

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 85

GlobalTranz

FEBRUARY 25, 2021

Customers expect to return products in the same way they purchased them, so it is not always as simple as just returning to a store. By integrating the process of managing return logistics with supply chain systems, particularly the transportation management system (TMS), managers can see reverse logistics KPIs and metrics in real-time.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

Zipline Logistics

OCTOBER 27, 2020

Shoppers now want to purchase from brands that are congruent with their personal values. Finding Freight Consolidation Opportunities. Freight consolidation offers a multitude of benefits to CPG vendors. Tracking Key Metrics to Drive Performance Improvement . Considering Alternative Transportation Modes.

Vendor Strategies 52

Vendor Strategies Resource Reduction Waste Reduction Cost Reduction Strategies 52

Supply Chain Collaborator

NOVEMBER 16, 2017

“Spot Market Freight Indices Continue Surge to Three-Year Highs”. Freight transportation capacity, (particularly truckload capacity) is tight as it has ever been. The bellwether metric – spot rates – are pegging the meter. Truckload Carriers Pitch Rate Hikes Driven by ELDs, Driver Pay, Hot Market”. “The Dry van rates are 4.4%

Just-in-Time 60

Just-in-Time Negotiating Skills Transportation Purchasing Skills 60

The Logistics of Logistics

APRIL 6, 2013

Chuck specializes in Supply Chain Optimization, Third Party Logistics (3PL) and International Purchasing and Importing Consulting. He also writes for THE GOOD WORD, LinkedIn and other Supply Chain Blogs. He is a guest speaker at the Purchasing Management Association and the University of Wisconsin-Madison.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Negotiating Skills KPI Purchasing Skills 100

Zipline Logistics

JANUARY 26, 2021

Shipping healthcare products to in-network distribution centers, third-party warehousing providers, and a wide array of customers, organizations must maintain visibility to achieve effective inventory management practices and unlock critical analytics that can effectively diagnose supply chain health. Increase Communication with Partners .

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 52

Zipline Logistics

JULY 27, 2021

As produce transportation winds down and the freight market loosens slightly for the first time in several months, CPG shippers have the opportunity to prepare for the quickly approaching peak season. Peak season in this context is defined by increased freight volume associated with back-to-school shopping and the coming holiday season.

Vendor Strategies 52

Vendor Strategies Optimal Sourcing Sourcing Strategies Cost Reduction Strategies 52

Supply Chain Game Changer

MARCH 26, 2021

It can also assist in determining specific metrics that affect the business. When repair work or fuel purchases are needed for fleet operations , some people make their decisions based on factors such as convenience or time investment. Seek Volume Discounts and Company Fleet Programs for Recurring Expenses.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 98

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

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

Zipline Logistics

JANUARY 24, 2020

Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. But first, let’s look at the background of OTIF metrics and why they came to be. If unable to find a product in store, consumers are quick to turn their attention online and purchase goods there.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

Zipline Logistics

MARCH 18, 2020

It currently just uses on-time metrics to grade suppliers and the store’s retail buyers can base purchasing decisions on a brand’s delivery performance. It is critical to leverage transportation analytics to get the most out of your operation. Tougher OTIF Standards at Sam’s Club. Learn More.

Vendor Strategies 52

Vendor Strategies Procurement Analytics Buyer Training Supply Chain Planning Software 52

Supply Chain Shaman

SEPTEMBER 3, 2015

While forecast accuracy, if used well, can reduce safety stock, what I find in the study of the global multi-national is the rise of cycle stock due to increased item complexity, and the increase of in transit inventories due to longer freight lanes and longer cycles in ocean transportation.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Game Changer

OCTOBER 1, 2022

A functional digital tachograph can measure significant metrics like speed, driving time, and driver’s activity. The increasing cost of fuel, car maintenance and purchasing of vehicles can drain a company’s resources. Fleet managers and drivers alike can benefit from Tachogram’s tachograph data reports.

Supply Chain Software 97

Supply Chain Software Logistics Network Optimization Software Procurement Solutions Tools 97

Logistics Viewpoints

APRIL 14, 2023

According to a report from The Information , the company is imposing this fee on returns when return options at Whole Foods, Kohl’s, or Amazon Fresh locations are closer or at the same distance as a UPS Store return location. Previously, customers could drop off non-defective or undamaged items at UPS Stores without any cost.

Logistics Network Optimization Software 205

Logistics Network Optimization Software Cost Reduction Strategies San Francisco Price Reduction 205

Zipline Logistics

OCTOBER 19, 2021

Retailers have instituted appointment times, must arrive by dates, and OTIF metrics to measure a brand’s ability to make timely deliveries and get its product to the end destination when it is needed. As soon as you know what your buyer has purchased, begin working on securing transportation.

Retail 52

Retail Optimal Sourcing Vendor Strategies Cost Reduction Strategies 52

Supply Chain Game Changer

NOVEMBER 13, 2018

Blog post originally published by Michael Massetti, Executive Partner at Gartner, at [link] and permission to publish here provided by Michael Massetti. Whether the phrase refers to sourcing, procurement, relationships, or other matters, its use is prevalent. Leadership #Business #SCM #SupplyChain #Procurement #Purchasing.

Vendor Strategies 64

Vendor Strategies Resource Reduction Supply Chain Planning Software Purchasing Skills 64

GlobalTranz

FEBRUARY 13, 2015

White Paper: Hidden Risks and Costs in an Offshore Supply Chain. In fact, our friends over at the Rodon Group, with whom we’ve started an ongoing blog collaboration, starting with this post and more to come, have written a White Paper entitled, “ Hidden Risks and Costs in an Offshore Supply Chain.”

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Strategy 120

ToolsGroup

APRIL 1, 2022

In this blog post, we’ve compiled a list of over 100 supply chain crisis statistics to help you stay informed and build a more agile, resilient supply chain. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Game Changer

NOVEMBER 11, 2018

Blog post created by Adam Robinson and originally published on [link]. Obviously, shippers cannot track what consumers use their personal devices for all the time, but they can use metrics and Big Data to track what consumers are doing on their respective e-commerce sites. Subscribe Here! Email Address. What is your Strategy?

Inventory Reduction 43

Inventory Reduction Cost Reduction Strategies Supply Chain Strategy Strategy 43

GlobalTranz

DECEMBER 30, 2014

We trudge on with our top posts from our main blog categories by page view for all of 2014 from the Cerasis blog by featuring another area Cerasis is an expert in: Transportation. Top 16 Most Popular Transportation Blog Posts of 2014. Read the Full Blog Post. Read the Full Blog Post.

Expense Reduction 232

Expense Reduction Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 232

FLEXE

JUNE 14, 2018

Now, its two-day promise isn’t even its fastest offer—for many Amazon purchases, next- or same-day delivery is available and free. Assumptions and intuition don’t drive business decisions, quantifiable metrics do. Post-purchase operations can feel like it’s out of your hands. Do they want fast shipping? Free shipping?

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

FLEXE

JUNE 14, 2018

Now, its two-day promise isn’t even its fastest offer—for many Amazon purchases, next- or same-day delivery is available and free. Assumptions and intuition don’t drive business decisions, quantifiable metrics do. Post-purchase operations can feel like it’s out of your hands. Do they want fast shipping? Free shipping?

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

Supply Chain Collaborator

JANUARY 30, 2019

A recent American Shipper report on the subject of domestic TMS adoption by shippers in the US reveals that just shy of two thirds of US companies with more than $100 million in annual freight spend are using TMS systems to manage transportation.

Procurement Analytics 60

Procurement Analytics Manufacturing Procurement Network Design Software Procurement Solutions 60

Zipline Logistics

SEPTEMBER 29, 2020

The past three quarters have been anything but typical for the freight market and the domestic economy at-large. The arrival of COVID-19 sent freight volumes skyrocketing to keep up with panic buying at retailers nationwide. Following the short downturn , the freight market began a rapid recovery that has yet to cool off fully.

Freight 52

Freight Manufacturing Procurement Logistics Network Optimization Software Los Angeles 52

GlobalTranz

JUNE 11, 2015

The first post in this series broke down what is supplier quality management and the steps to evaluate suppliers and the second post gave you insight into the metrics to look out for by 6 major industries. Have you implemented a supplier quality system in your operations? Let me know how it went below in the comments section.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

QAD

OCTOBER 24, 2023

Benefits of Collaborative Supplier Relationships Increasingly, organizations are realizing the benefits of tightening relationships with suppliers to better manage the sourcing and procurement of goods and lower supply costs. So, we can not truly say that the sourcing process begins with supplier management.

Supplier Management 94

Supplier Management Procurement Solutions Optimal Sourcing Supply Chain Network Software 94

Supply Chain Collaborator

JUNE 10, 2016

A recent American Shipper report on the subject of domestic TMS adoption by shippers in the US reveals that just shy of two thirds of US companies with more than $100 million in annual freight spend are using TMS systems to manage transportation.

Network Design Software 60

Network Design Software Procurement Solutions Supply Chain Network Software Analytics Software 60

Talking Logistics

APRIL 10, 2019

This was not a trivial transition because the software industry, until relatively recently, was long fixated on measuring its health and success by new license revenue (sales of products) instead of customer-centric metrics, such as realization of ROI and payback objectives. Where is Descartes today? Keegan McCready, Sr.

Supply Chain Design Software 20

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software 20