SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Supply Chain Shaman

OCTOBER 2, 2020

Another client wants to push the customer-centric concept in his organization, but his definition is to do whatever the customer wants. Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. The reason? What A Customer-Centric Supply Chain Is Not.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

Supply Chain Shaman

OCTOBER 8, 2019

The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. Instead, it should be mapped as an input to track supply chain forecasting to financial budgets for reporting and insights. Time horizon. Bias and error. Let’s take an example.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Enterra Insights

JUNE 25, 2021

”[2] Both Brown and Miller base their predictions on the U.S. Census Bureau’s March retail trade report, which predicted a booming holiday season. That, in turn, implies more premium charges and even higher all-in costs for importers racing the holiday clock, which practically speaking, may be already ticking.”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 130

Precoro

FEBRUARY 27, 2023

Where should you start when you want to create budgets, cut costs, or forecast future spending? 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. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Supply Chain Shaman

JUNE 9, 2016

Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry. Demand-driven lacks a consistent definition. Together, we built this model. Within the company there are often many demand-driven initiatives.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply and Demand Modeling 150

Supply Chain Shaman

APRIL 15, 2015

This week, I am finishing two reports: Sales and Operations Planning, and Inventory Optimization. These two reports will make all the vendors in the industry angry. Definitions Matter. However, when you ask each group for a definition of “integrated” the definitions are different. Definitions matter.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150

Supply Chain Matters

JULY 13, 2022

According to reporting from Bloomberg , the deal provides a literal lifeline to this start-up. Bloomberg reported that the start-up has experienced a number of executive departures since the SPAC merger and had to line up $600 million from a private placement to help continue operations. Talk about deal leverage and control.

Supply Chain Design Software 52

Supply Chain Design Software Purchasing Skills Negotiating Skills Arkansas 52

Supply Chain Shaman

JUNE 29, 2016

For example, Infor purchased GT Nexus in 2015; OpenText purchased GXS in 2014, GHX purchased H-Card, LLC today; E2open purchased Terra Technology in May 2016 and Orchestro on Monday. Thoma Bravo purchased Elemica in June 2016. The solutions evolved from different funding models. Supply Chain 2030.

Supply Chain Network Software 154

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 154

Enterra Insights

FEBRUARY 20, 2019

Supply chain management might seem like a straight forward topic; but, Mike Mortson ( @mmortson ) notes there is no standard definition of supply chain management. To make that point, Mortson lists ten different definitions for the term from various sources. 10 Different Definitions! Supply chain management. Footnotes. [1]

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 113

Supply Chain Opz

JANUARY 7, 2013

Annual Report (SEC Filing) is analyzed and simplified supply chain processes are constructed as below, Supply Chain Planning at Apple Inc. Information from the annual report is also used to produce the Apple Supply Chain Map. Apple Inc purchases raw materials from various sources then get them shipped to an assembling plant in China.

Case Study 279

Case Study Study Negotiating Skills Supply Chain Planning Software 279

Supply Chain Management and Analytics

MARCH 5, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 52

Supply Chain Shaman

SEPTEMBER 13, 2016

Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). The change in front of us will transform the base-level definitions of source, make and deliver. It cannot be about incremental improvement. What does it take?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The Company has a checkered past. It is a new buyer.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

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. It takes training. However, it is worth it.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Shaman

APRIL 7, 2016

In this post my goal is to help companies build outside-in processes through a clearer definition. This outside-in orientation needs a definition to make it actionable. Customer sentiment technologies mine the patterns of unstructured text and use new forms of analytics to guide discovery on what matters to the customer.

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

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

BlueYonder

AUGUST 17, 2023

But the past several years have made it seem nearly impossible, thanks to fast-changing consumer needs, increased competition, the growth of omni-channel, supply shortages, and transportation issues. What’s the real cost of inaccurate inventory management? The post Inventory Distortion Will Cost Retailers $1.77 Trillion in 2023.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Optimal Sourcing Purchasing Skills 52

Supply Chain Game Changer

OCTOBER 1, 2019

” Old telephones, vinyl records, cassette tapes and 8 track tapes, physical books,VHS tapes, physical pieces of mail, watches with moving hands, and antenna based televisions are all analog devices, for those of us old enough to remember them. Product information and parameters would be manually entered into reports and systems.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Software Analytics Software Predictive Analytics Software 82

Supply Chain Shaman

MARCH 15, 2016

Sadly, I find each to have a limited view of supply chain analytics. Is it a coincidence that process industry leaders have standardized on SAP and blindly followed the SAP IT-centric definition of supply chain automation without holding SAP accountable to build effective supply chain solutions for the extended value network?

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

Unleashed

JULY 11, 2021

Across Europe, EPDs are routinely factored into personal and corporate level purchasing and supply chain management decisions. Consumers are often disconnected from understanding or thinking about how products are manufactured, harvested, transported and of the resources required for their production, and sale.

Sustainability 98

Sustainability Manufacturing Procurement New Zealand Waste Reduction 98

Supply Chain Game Changer

NOVEMBER 23, 2018

The book sparked consumer concern, which prompted the Food and Drug Act and the Meat Inspection Act ( Linich 2016 ). In 2018, the definition of supply chain transparency is very different than it was over a century ago, and the means for obtaining transparency are a bit more accessible than they were in 1904. at it’s origin?—?

Supply Chain Software 47

Supply Chain Software Supply Chain Strategy Supply Chain Material Savings 47

ToolsGroup

JUNE 27, 2022

At the back of your supply chain, you’ve got your raw materials being procured. Now that we have our definitions straight, let’s break down the three basic types of vertical integration. Amazon began as a seller of other publishers’ book titles but then expanded to become a publisher in its own right. Forward integration.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

Requis

SEPTEMBER 30, 2019

He is also a graduate of the Supply Chain Management program at MIT’s Center for Transportation and Logistics. Supply chain is a relatively new discipline that rose out of the procurement, logistics, and operations disciplines. The “what” hasn’t changed as much over time, but the “how” has definitely changed.

Supply Chain Planning Software 40

Supply Chain Planning Software Logistics Network Optimization Software Predictive Analytics Software Procurement Solutions 40

Requis

SEPTEMBER 30, 2019

He is also a graduate of the Supply Chain Management program at MIT’s Center for Transportation and Logistics. Supply chain is a relatively new discipline that rose out of the procurement, logistics, and operations disciplines. The “what” hasn’t changed as much over time, but the “how” has definitely changed.

Supply Chain Planning Software 40

Supply Chain Planning Software Logistics Network Optimization Software Predictive Analytics Software Procurement Solutions 40

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 261

The Logistics of Logistics

MARCH 4, 2013

According to statistics published in the Transportation Energy Data Book, the average fuel economy for dual-tire tractor-trailer combinations was 6.73 Super-single tires also offer better brake cooling and better traction in snowy conditions, both of which are definite benefits—especially in mountainous regions.

Cost Reduction Strategies 100

Cost Reduction Strategies Price Reduction Negotiating Skills Pricing Training 100

Talking Logistics

MARCH 6, 2015

Descartes Reports Fiscal 2015 Fourth Quarter and Annual Financial Results. Simply put, this acquisition moves Amber Road further up into the supply chain, effectively broadening the scope and definition of global trade management. Ports Gridlock Reshapes the Supply Chain (WSJ – sub. FMCSA Should Heed Calls to Fix CSA (ATA).

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Logistics 100

Supply Chain Opz

JUNE 1, 2014

The reason why they can do this is that customized products are sold directly to customers so they have the higher profit margin to compensate the higher transportation cost. Managing transportation at this scale is the absolute challenge. In order to compensate a long waiting time, Adidas uses air freight or courier service.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Talking Logistics

DECEMBER 16, 2016

Other examples: The United States Postal Service (USPS) published a report in May titled Blockchain Technology: Possibilities for the U.S. Postal Service , with supply chain management as one of the focus areas; in October, as reported by Reuters, “IBM, U.S. Toyota temporarily shut two factories in the aftermath.

Predictive Analytics Software 50

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 50

GTG Technology Group

JUNE 10, 2019

Transportation management system/software (TMS) is a system of management for supply chains to aid in the movement of goods. Definition. Depending on the type of system the company uses, it’s possible to have advanced features for reports or integrations when one driver is working with multiple companies. How TMS Helps.

Supply Chain Design Software 36

Supply Chain Design Software Supply Chain Planning Software Predictive Analytics Software Logistics Network Optimization Software 36

Provenance

AUGUST 13, 2018

A report proposing three system solutions that could reshape the industry and set the clean energy technology sector on a path to sustainability. Read the short version of this report on Medium. Chapter 2 of this report outlines some of the barriers observed to play a prohibitive role to transparency for REE mining and processing.

Modeling Software 56

Modeling Software Supply Chain Design Software Demand Planning Software Supply Chain Network Software 56

GlobalTranz

AUGUST 9, 2016

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. Transportation takes time.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120

EMERGE App

FEBRUARY 4, 2021

This definition is not limited to goods anticipated to sell within the year but includes resources injected into the business. They are purchased or sold through stock exchanges and bond markets. Simply put, these are funds owed to a company by customers who have purchased goods on credit. Current Assets Defined.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 52

Logistics Bureau

NOVEMBER 15, 2021

Indeed, there is something of an art to using KPIs effectively, and it’s primarily in the appropriate selection of the right combination of metrics. KPIs become an invaluable tool for companies that get this right, guiding improvements to productivity, efficiency, cost, service, and safety. However, it’s not a definitive measure.

Warehousing 52

Warehousing KPI Inventory Reduction Expense Reduction 52

Logistics Bureau

JUNE 5, 2023

If it sounds like an unlikely option, consider how your fleet came to be the size it is. Was your fleet size and makeup designed from scratch, or did it evolve organically like many companies’ in-house transportation operations? Furthermore, the cost of retreading is a mere 40% to 50% of the initial purchase price of a quality tyre.

Cost Reduction Strategies 61

Cost Reduction Strategies Price Reduction Waste Reduction Expense Reduction 61

GlobalTranz

MAY 23, 2016

However, the set-up costs and initial implementation of LTL relationships can seem daunting. You may have to learn how to navigate a new software, or your organization may simply need additional training on a new transportation management system (TMS).

Freight 136

Freight Shipping Cost Reduction Strategies Inventory Reduction 136