Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

ThroughPut

MARCH 15, 2024

Instead, start by documenting current processes and identify issues. Is poor capacity planning tying up working capital? Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. Here are five steps to help you implement AI in your supply chain and enhance its performance and outcomes.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ThroughPut

MARCH 15, 2024

Instead, start by documenting current processes and identify issues. Is poor capacity planning tying up working capital? Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. Here are five steps to help you implement AI in your supply chain and enhance its performance and outcomes.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ToolsGroup

SEPTEMBER 22, 2020

Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence. as part of a larger research document and should be evaluated in the context of the entire document. GARTNER is a registered trademark and service mark of Gartner, Inc.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

Logility

OCTOBER 12, 2021

Develop metrics against which supply chain stakeholders can judge their performance. Clearly defined metrics or scorecards are thus a crucial component of any endeavor towards better performance. Clearly defined metrics or scorecards are thus a crucial component of any endeavor towards better performance.

Supply Chain Planning Software 130

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 130

Logility

MARCH 12, 2021

The spreadsheet reports took a month to produce and used all the capacity of two IT staff members. To really exploit your new data to gain an advantage, you need a clear analytical plan, specific metrics tailored to your situation, and an understanding of what analytics and reporting will help you the best. Teams were disappointed.

Supply and Demand 191

Supply and Demand Prescriptive Analytics Software Demand Planning Modeling 191

Elementum

DECEMBER 14, 2023

Metrics to Measure Success Once automation has been implemented, it’s crucial to track its success through Key Performance Indicators (KPIs) and other metrics. Remember to review and adjust your automation strategy based on these metrics and evolve your processes to maximize efficiency and effectiveness.

Supply Chain Software 78

Supply Chain Software Optimization Software Resource Reduction Supply Chain Planning Software 78

3PL Insights

OCTOBER 24, 2017

Metrics: Autonomous vehicles have sensors to automatically gather data, which can be uploaded to various applications, hosted onsite or in the cloud. Driver Scanning: Driver scanning software can be fluidly integrated with your warehouse system—already, truckers can easily scan and send documents and integrate with logistics systems and apps.

Warehousing 112

Warehousing Inventory Reduction Predictive Analytics Software Supply Chain Software 112

ToolsGroup

SEPTEMBER 20, 2022

Using this data, advanced predictive models can estimate when failures are likely to occur and recommend appropriate timelines to perform corrective measures, allowing manufacturers to organize their production schedules based on predicted equipment availability metrics. Production Schedules and Capacity Planning.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Unleashed

NOVEMBER 2, 2023

It is the process of determining future demand for products, how those products will be manufactured to meet that demand, and the manufacturing metrics that will measure success. A production schedule is a document that tells manufacturers which goods need to be produced, when they need to be produced, and the production methods.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

ShipBob

JANUARY 6, 2023

Share compliance information and documentation. Report on important performance metrics. You’ll need to enter the measurement and capacity information for each vehicle and then use this in combination with your item dimensions to effectively plan loads. Documentation management. Forecast and plan transportation needs.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

Locus

APRIL 13, 2023

It connects with capacity-led slot bookings, helping them make full use of assigned fleets. It provides critical metrics on delivery performance like On-Time In-Full (OTIF), First Attempted Delivery Rates (FADR), fuel consumption, time under the roof , and missed deliveries.

Logistics Network Optimization Software 52

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

SCMDOJO

JULY 24, 2023

Whether it’s seasonal variations or unexpected changes in market conditions, a contract logistics provider can quickly adapt and adjust the resources and capacity to meet the client’s needs effectively. SLAs should cover key metrics such as on-time delivery, order accuracy, inventory accuracy, and customer service responsiveness.

Logistics Network Optimization Software 93

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 93

OptiProERP

MARCH 15, 2022

The production schedule is a versatile and important document that focuses on planning, forecasting, predicting, and meeting demands on time. The production schedule helps keep workers and machines at capacity. Greater metrics are gained to analyze performance and make informed decisions. Create a Flexible Schedule.

Manufacturing Procurement 78

Manufacturing Procurement Optimal Sourcing Material Savings Resource Reduction 78

Logistics Viewpoints

NOVEMBER 23, 2020

All of those stockouts were extremely small; Ipsen’s metrics counts a stock out for any product not immediately available in any nation, even if typical monthly sales are just a few units. One failure, for example, related to an importation document that did not arrive on time. Often the stock outs are not a planning issue.

Customer Service 192

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 192

Logility

MAY 7, 2020

Building a digital twin involves capturing, standardizing, blending and modeling both structural supply chain data (capacities, lead-times, network relationships, etc.) Building a digital twin involves capturing, standardizing, blending and modeling both structural supply chain data (capacities, lead-times, network relationships, etc.)

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

Unleashed

AUGUST 23, 2023

Receive goods, products, or raw materials from suppliers When items are delivered from suppliers, the warehouse logistics team needs to document, track, and authorise the receipt of the products. In an ideal world, documentation is always kept up to date, but human error and other glitches create issues.

Warehousing 52

Warehousing Logistics Network Optimization Software Supply Chain Design Software Inventory Management Software 52

The Network Effect

MAY 6, 2015

Researchers call this effect “cognitive overload” and its unfortunate effects are well documented. As companies expand and mature, rather than rationing or reducing load, they often pile on so many metrics, procedures, processes and activities that people lose the capacity and capability to do the right things.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 100

Logistics Bureau

DECEMBER 18, 2017

These responsibilities extend across functions and when properly exercised, comprise supply, demand, distribution, production, purchasing and capacity planning. Excesses and/or shortages of storage capacity. In order to do this, you’ll need to establish a set of KPIs and metrics. Percentage of warehouse capacity utilised.

Supply Chain Planning Software 40

Supply Chain Planning Software Inventory Reduction Inventory Management Software Supply Chain Planning 40

OptiProERP

AUGUST 19, 2022

Throughput is an essential KPI , and a lean metric, as it evaluates performance. Workflow maps also support written documentation and Standard Operating Procedures (SOPs). Companies frequently use workflow mapping to document process examples for ISO certifications. Lack of machine(s) capacity to meet demand.

Manufacturing 52

Manufacturing Resource Reduction Waste Reduction Expense Reduction 52

Talking Logistics

JULY 15, 2015

Enabling customers to select delivery date and appointment time at the Point of Sale is a critical goal, and it requires providing customers with profitable choices derived from continuous optimization and enhanced capacity planning capabilities. Sears has a “fanatical focus” on customer satisfaction and Net Promoter Scores.

Logistics Network Optimization Software 100

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

CargoBarn

JANUARY 23, 2019

Let’s face it, freight costs are rising as a result of the capacity crunch and driver shortage. If you work several days ahead, you won’t have to pay higher rates for last-minute capacity and will have a wider selection of carriers to choose from. This will ensure that documents like BOLs are correct every time.

Supply Chain Planning Software 40

Supply Chain Planning Software Analytics Software Cost Reduction Strategies Capacity 40

Intelligent Audit

NOVEMBER 17, 2020

Shippers should expect a surge in shipping volumes and tight capacity due to a historic rise in e-commerce transactions. The decreased capacity and high rates made it difficult to find space through the pandemic.” Analyzing these documents in real-time can take up hours of employee time.

Cost Reduction Strategies 52

Cost Reduction Strategies Prescriptive Analytics Software Shipping Resource Reduction 52

Unleashed

MARCH 28, 2021

By optimising supply chain management practices through supplier relationship management, it is easier to obtain relevant data such as supplier capacity and capability information. SRM helps to identify any existing suppliers with the capability and capacity to meet the company’s current and future needs.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

DynaSys

JANUARY 20, 2021

The ongoing pandemic crisis can challenge your supply chain organization’s very capacity to add value. Challenges of your Supply Chain – Your Capacity to Add Value. To recover from this pandemic have documented plans in place for the following: Headcount ramp up Workplace safety to prevent COVID-19 spread Outbreak readiness.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Optimization 98

Intelligent Audit

SEPTEMBER 9, 2021

Increased throughput without equal capacity and supply to meet demands. Inability to match invoices to shipment documentation, including POD, quickly. Tracking cost by mode, lane, and cargo type for better metrics comparison. Disparate systems that cause inaccurate data findings and increased errors.

Freight 52

Freight Expense Reduction Supply Chain Planning Software Cost Reduction Strategies 52

Talking Logistics

JUNE 22, 2015

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 billion barrels over the lifetime of the vehicles sold under the program.

Vendor Strategies 100

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 100

GlobalTranz

FEBRUARY 13, 2015

Look at areas such as manufacturing capabilities (such as productivity and quality) and capacities, quality systems, technology and technical expertise, ability to comply with specifications, cost structure, and financial stability. Use key metrics and a scorecard system to understand if product is flowing as planned.

Supply Chain Planning Software 120

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

Unleashed

MARCH 9, 2021

That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play. Procurement metrics and KPIs allow organisations to measure results and guide best practice performance. In this post, we’ll unpack ten top procurement metrics and why they matter. Undamaged shipment rate. On-time delivery: all suppliers.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Unleashed

JANUARY 10, 2023

Set up supply chain mapping and event planning Supply chain mapping is the process of documenting all of the individuals and companies involved in your supply chain, from manufacturing components to shipping out the finished product. Either way, the first thing you should do is establish metrics and KPIs.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

NC State SCRC

FEBRUARY 28, 2018

By end to end, in this case, we included the demand forecasting process, the order management process, manufacturing planning and scheduling, capacity planning, materials management, in-bound material handling, supplier releases for all raw materials, and quality inspection. Teams will identify metrics associated with cost drivers, (e.g.

Pharmaceutical 40

Pharmaceutical Forecasting Supply Chain Planning Software Forecasting Software 40

Kanban Logistics

FEBRUARY 27, 2020

For most companies, it is important that their 3PL partner has a documented continuous improvement program (CIP) in place. While documented policies, processes and procedures can go a long way in establishing a comfort level between you and your 3PL partner, they don’t mean much if they are not actionable. Continuous improvement.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

Intelligent Audit

NOVEMBER 3, 2021

These often occur when there is a lack of freight auditing, poor documentation, and lax monitoring of the transportation network. Both parties can maintain high-capacity levels and pull from a vast pool of available brokers and carriers. Prepaid Freight.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Vendor Strategies Expense Reduction 52

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During We simplified our SC strategy and communicated in a straightforward, one-page document that laid out primary goal areas. Our In our program, cost avoidance, while desirable, does not count towards the metric. We named it the Supply Chain Index.

Case Study 285

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 285

Talking Logistics

FEBRUARY 22, 2013

In addition, users are able to view events of a shipment, imaged documents, and can email their account representative with questions on a particular move. Robinson load numbers. The Navisphere customer app can be downloaded for free at the Apple App Store on iTunes , Google Play and Amazon Marketplace.

Optimal Sourcing 100

Optimal Sourcing Logistics Network Optimization Software Manufacturing Procurement Supply Chain Design Software 100

6 River Systems

OCTOBER 14, 2022

This capacity isn’t just about customer service, either — it’s about inventory management. With a documented returns process in place, you can recover the value of returns quickly. Data analysis gives a much better picture of inventory and efficiency metrics. If you need more capacity, simply add more AMRs to the mix.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

Unleashed

AUGUST 18, 2021

Not every manufacturer will have the capacity to recycle returned goods, but businesses are innovating to find new ways of recycling. Smart software will also give you metrics to help you streamline your reverse logistics programme and make it easier for your business and your customers.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98