Logistics Bureau

JULY 27, 2016

Regardless of advances in business analytics therefore, I still advocate a measured approach to measurement (pun intended), by way of a carefully chosen handful of KPIs which are meaningful and actionable. Supplier Performance Metrics for Every Organisation. Other Supplier Performance Metrics. Supplier performance = 99.94%.

Procurement Analytics 40

Procurement Analytics Metrics Procurement Solutions Analytics Software 40

NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. This is effectively a “snapshot” in time. and “What is the potential return on investment?

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

ThroughPut

OCTOBER 16, 2022

Inventory analytics can go a long way in understanding and improving the inventory performance and often done by an inventory manager. Also,they need to keep a track of the goods which are in transit and not just those which are in stock at the warehouse. How do you analyze accurate inventory performance? DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

CH Robinson Transportfolio

JUNE 9, 2022

In your personal life, you can use a variety of devices to make purchases—from your phone to your smart TV, it’s all possible within whatever device you’re using. In fact, today you can procure freight rates from your transportation providers right in your TMS. Cost savings in loose markets. Route guide failure. In 2022, C.H.

Supply Chain Planning Software 70

Supply Chain Planning Software Demand Planning Software Analytics Software Optimization Software 70

Precoro

AUGUST 31, 2023

Cost Saving and Cost Avoidance Even though cost saving and cost avoidance are sometimes used interchangeably, it’s not exactly correct. Cost saving is about finding an efficient way to keep the expenses on the books but reduce their monetary value. Let’s see what the difference is here.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

ThroughPut

MARCH 6, 2024

Role of AI in the Transportation and Logistics Industry The adoption of AI in transportation and logistics industry has led to significant advancements in several operations, the most talked about of which has till date been warehouse automation. Optimizing logistics is thus critical to successful demand fulfillment.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Inventory Reduction Cost Reduction Strategies 52

EazyStock

AUGUST 9, 2022

From controlling inventory to providing quoting processes and managing suppliers to delivering warehouse management capabilities, such as picking, packing, and shipping. Automated processes from distribution software make it quicker and easier to provide reports and highlight changes in the market. Distribution software benefits.

Supply Chain Planning Software 52

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

Freightos

NOVEMBER 11, 2021

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Supply Chain Opz

MARCH 26, 2015

What is the Best Forecasting Model? Most inventory control and operations management books tell people to choose a forecasting model that produces the lowest forecast errors. Then, many people think sophisticated forecasting models will do a better job. What is Service Level? What are Scheduling Rules?

Inventory Reduction 113

Inventory Reduction Inventory Forecasting Manufacturing Procurement 113

Supply Chain Shaman

JANUARY 21, 2014

In companies, there is no standard model for demand processes. New forms of analytics make new capabilities possible. <In fact, so much so that I wrote a book about it.> Let’s start with these: Demand Sensing: The reduction of time to sense purchase and channel takeaway. It is evolving. Independent Demand.

Supply and Demand 323

Supply and Demand Modeling Demand Planning Software Forecasting 323

Unleashed

NOVEMBER 26, 2023

This enables you to better understand your purchasing needs, instantly, without having to perform a manual count of every item first. Unleashed also automates repetitive manual processes involved in the management of goods, from populating a purchase order to reporting on multiple sales channels.

Inventory Management Software 52

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

Requis

MARCH 10, 2020

With an uptick in media reports on environmental crises like the Australian bush fires of 2019, there has been a renewed sense of urgency on climate change issues. – UN report: Global Resources Outlook 2019. Based on a number of sources, we estimate that the Global 2000 spends around $12T annually on procurement of new assets.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Sustainability Waste Reduction 52

Logistics Bureau

APRIL 3, 2023

For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

ThroughPut

SEPTEMBER 27, 2021

As per the world reports of global goods shortages , optimized replenishment planning with demand drivers, has become a necessity. The touchpoints can indicate the need for expedited procurement, new vendor relationships, or enhanced delivery speeds. Warehouse Stock Levels. Warehouse Management.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Optimal Sourcing Modeling 52

Supply Chain Shaman

OCTOBER 8, 2019

The design of the conference includes tours of several modern warehouses and centers of excellence. The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 183

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

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

A recent report The Fictiv 2021 State of Manufacturing report has shown that many companies are in the process of becoming more digitally proficient and organized. It ties into the ERP system where quotes and purchase orders are managed. IM&E companies need to start looking at digitizing operations. Operations.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Forecasting Software 115

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. Download our E-Book on Supply Chain Sustainability and Profitability with Green Logistics. In the case of manufacturers, it means procuring green and sustainable raw materials. Sustainable warehousing. Where the warehouse is located is also important.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Unleashed

NOVEMBER 20, 2023

Being able to get traceability on the material, understand when the available dates are and whether it’s in the warehouse, whether it’s due or not … these are all the big things for us that create bottlenecks.” He offers this example: “[One of our clients has] a sizable warehouse, lots of SKUs, and a very good warehouse manager.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Supply Chain Opz

NOVEMBER 9, 2014

Therefore, a firm would be well served to develop a supply chain strategy as described in my book: Supply Chain Transformation. It is safe to say that if a warehouse operation is not implementing Lean, it is falling behind its competition. Eliminate Before You Automate : Automation is critical to large, efficient warehouse operations.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Logistics Bureau

NOVEMBER 6, 2023

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

Cost Reduction Strategies 89

Cost Reduction Strategies Warehousing Waste Reduction Purchasing Skills 89

Logistics Bureau

DECEMBER 20, 2021

The following KPIs comprise those commonly used across all warehouse operation types, along with some that are less ubiquitous but which your business might benefit from monitoring. The one thing they all have in common is that, under the right circumstances, they are more than merely valuable metrics. 1: Inventory Turns.

Inventory Reduction 76

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 76

Supply Chain Management and Analytics

MARCH 5, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. 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

Requis

NOVEMBER 18, 2020

Today, as the founder and managing partner of USM Supply Chain Consultants she has put her expertise in supply chain, procurement, finance and project management to work to help her clients achieve greater profitability. In the end-to-end supply chain there’s procurement, logistics, operations, and warehousing.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

EazyStock

SEPTEMBER 25, 2018

These apps help companies achieve every business process from tracking inventory and shipments to booking meetings with clients to tracking tasks and projects. BooksyBiz – Appointment Booking. Hawk-Eye Trucking Log Book – Trucking Application. Veeqo – Warehouse Management System.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 78

Unleashed

FEBRUARY 8, 2023

James Ewing: Procurement Manager at Renewable Parts Ltd. Moreover, the cost of warehousing has been steadily rising across 52 global markets. “In In South Africa, there are a lot of third-party fulfilment companies , so costs were going up with them.” with 20+ years of supply chain experience.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 98

6 River Systems

DECEMBER 11, 2018

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. At the very least, they should see a message indicating that the products are out of stock before they make the purchase. This is just good customer service.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Supply Chain Game Changer

JUNE 8, 2021

There is so much to learn in many functions of supply chain, whether it is IT tools, planning and buying, commodities, global supplier management, logistics, warehousing. Every day is about communicating, collaborating, organizing, problem solving, cost and environmental management. Kristie Syndikus, VP Procurement at Maple Leaf Foods.

Negotiating Skills 97

Negotiating Skills Purchasing Skills Industrial Industry 97

Supply Chain Game Changer

FEBRUARY 4, 2020

The phrase “Supply Chain Management” was originally coined by Keith Oliver in 1982 and subsequently gained increasing popularity as its usage was proliferated in books and language. But is just taking courses in basic topics like Procurement, Negotiation, Statistics, Operational Research or Planning sufficient?

Education 67

Education Negotiating Skills Supply Chain Design Software Supply Chain Planning Software 67

Enterra Insights

FEBRUARY 14, 2020

Roddie notes, “Supply chain planning may seem oh so unromantic — what with all the talk of S&OP, and IBP and all of our websites full of pictures of warehouses. Deborah Abrams Kaplan ( @KaplanInk ) reports providers of Valentine’s chocolate candies have it a bit easier than providers of flowers. ”[6].

Logistics Network Optimization Software 113

Logistics Network Optimization Software Logistics S&OP Procurement Analytics 113

NC State SCRC

MARCH 9, 2016

An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. Much of the book was written based on my own recognition that the field needs to change. The principles at the time were certainly appropriate.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

Enterra Insights

FEBRUARY 20, 2019

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more.”[2] ” Coining a term and defining the term are two different things.

Supply Chain Planning Software 113

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

Unleashed

MARCH 2, 2022

Kanban is a process management tool that visualises the status of each job on a company’s radar, and controls the flow of production from customer requests back to the warehouse. Then, when the warehouse runs low in stock, it reorders from preferred vendors. a heavier focus on demand forecasting and more variable inventory purchasing).

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

Kinaxis

MAY 18, 2016

You might think, “okay, our warehouse is good” without thinking about the end to end. Procurement might have hit their cost savings metrics, but if it meant purchasing more than needed, and that might hurt your warehouse inventories. Also, we can’t talk like Supply Chain geeks.

Supply Chain Software 100

Supply Chain Software Gartner Supply Chain Planning Software Agile and Lean Supply Chain 100

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Increasing Equipment Uptime.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

GlobalTranz

JANUARY 4, 2016

When someone selects an item, the display calculates the most efficient path through the warehouse, guides that person to the package, scans it as ‘picked’ into the Warehouse Management System, and immediately directs the picker to the next closest package. 2016 Supply Chain Trends: The First 7 of 12.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

ShipBob

DECEMBER 12, 2022

In this article, we’ll break down what COGS is, why it’s important for your business, and how to calculate it, and how to use it in relation to other important metrics. . What is cost of goods sold? Most commonly, this includes the cost of raw materials , factory overheads, packaging , and direct labor. Storage costs.

Purchasing Skills 52

Purchasing Skills Procurement Analytics Procurement Solutions Manufacturing Procurement 52

Claritum

JULY 31, 2018

Claritum Article - Procurement Blog. Is there a need to link into their systems relating to inventory/Warehousing or catalogues for example? What analytics should they have access to and when can they change specific information: for example when and how can they submit quotations. Introduction. Supplier Lifecycle Management.

Supplier Management 42

Supplier Management Procurement Analytics Procurement Solutions Optimal Sourcing 42