Logistics Viewpoints

FEBRUARY 16, 2021

With this information, are you any closer to knowing what to do about it, or have you just enriched your ability to admire your problem and see it close up? This example illustrates why supply chain visibility isn’t enough. But what does supply chain visibility mean and will this investment really give the executives what they want?

Supply Chain Visibility 284

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 284

Supply Chain Shaman

FEBRUARY 18, 2021

The output was just not helpful. We have too hard-wired solutions bolted into IT architectures to enable the flexibility needed by business leaders during times of high variability. Over time, this changed. Air expediting took on a new meaning in January, with air capacity down 18% and escalating prices. The reason?

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Unleashed

NOVEMBER 2, 2023

Effective production scheduling can mean the difference between a happy customer and a job that was cancelled because it wasn’t completed on time. For the customer, production schedules aim to shorten lead times and improve the quality of goods produced. In this production schedule guide: What is a production schedule?

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

Logistics Viewpoints

SEPTEMBER 4, 2023

It can move quickly from a situation where there is too much capacity in the market and buyers having the whip hand, to a situation where shippers are begging carriers to take their loads at almost any price. A 95% on time delivery metric – very high performance – is just not good enough for Simmons.

Procurement Solutions 203

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 203

Silvon Software

MARCH 3, 2023

Having a strong Sales & Operations Planning (S&OP) strategy ensures that your forecasts, raw materials availability and production capacity all match up and that the factory floor can meet its defined deadlines. Delivery metrics can vary in terminologies, measurement methods, and variables from one company to the next.

S&OP 102

S&OP Procurement Analytics Supply and Demand Analytics Software 102

QAD

APRIL 13, 2023

For example, rather than hiring someone with the required skill set, many companies are investing in training and development programs to upskill their workforce, and ensure that their employees are equipped with the skills needed to succeed in their role. is likely to reach 2.1 million and cost the economy $1 trillion in 2030 alone.

Pharmaceutical 94

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 94

Logistics Viewpoints

NOVEMBER 14, 2022

But even in more normal times, a supply plan usually can’t be fully executed. The network supports a wide array of messaging types including real-time GPS, EDI, and API-based capacity requests, bookings, statuses, and customs messages. Real-time location and IoT data such as condition statuses (e.g., Stuff happens.

Agile and Lean Supply Chain 224

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 224

Logistics Viewpoints

FEBRUARY 3, 2022

Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend as a risk. My great-aunt Ione, who lived to be 103, quit smoking at 97, which prompted the question “why now?”

Inventory Reduction 290

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 290

Logistics Viewpoints

AUGUST 7, 2023

94% of US and Canadian healthcare systems use Cardinal Health in one capacity or another. Supply Planning Implementations are Just Harder The previous SCP implementation had not gone well. Teams will then revert back to their former tools, often times using Excel. This is the penultimate example of leadership commitment.

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

BlueYonder

APRIL 9, 2024

And, in recent times, this has made the critical notion of sustainability an equally vast challenge. And they come from shareholders who realize that sustainability doesn’t just implicate the environment — it means complete futureproofing across the business, people and planet. The former deadline isn’t far away.

Optimal Sourcing 100

Optimal Sourcing Sustainability Material Savings Waste Reduction 100

Logistics Viewpoints

FEBRUARY 21, 2022

SCP solutions set target service levels , for example 99% for the most important customers and 95% for the rest, and achieves those service level targets at the lowest cost. But it is not just service level and costs that can be traded off. Supply chain planning takes place at various time horizon s.

Supply Chain Planning Software 257

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 257

Logistics Viewpoints

JULY 19, 2021

Even before the pandemic the global steel industry was navigating significant disruptions that included steep price competition (China has been investigated numerous times for dumping), soft demand, and tariff issues. We don’t spend just to innovate,” Mr. Lassen said, “we need to create business value.”. What does that mean?

Supply Chain Planning Software 264

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 264

Logistics Viewpoints

MARCH 27, 2023

Demand forecasting is the process of making future estimations of how much of a given product will sell by location and time period. As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. When will the recession hit?

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Logistics Viewpoints

DECEMBER 8, 2022

Visibility solutions allow real-time asset tracking across the entire distribution network. This enables improved estimated arrival times of goods. The network supports a wide array of messaging types including real-time GPS, EDI, and API-based capacity requests, bookings, statuses, and customs messages.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Network Software Supply Chain Planning Software 188

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Supplier On-time Delivery : To achieve their supply chain objectives, manufacturers must have suppliers who are at least as efficient as they are, but preferably more efficient. This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time.

Manufacturing Procurement 105

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

Supply Chain Shaman

OCTOBER 25, 2021

For example, “Why is it so difficult to get a container unloaded?” This is not a new problem; but it is exacerbated by volume increases, COVID labor issues, and port infrastructure capacity issues. Create a supply chain planning master database to track variability in lead times, conversion rates, and cycles.

Analytics Software 195

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

Supply Chain Shaman

OCTOBER 25, 2021

For example, “Why is it so difficult to get a container unloaded?” This is not a new problem; but it is exacerbated by volume increases, COVID labor issues, and port infrastructure capacity issues. Create a supply chain planning master database to track variability in lead times, conversion rates, and cycles.

Analytics Software 195

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

SCMDOJO

FEBRUARY 29, 2024

Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. What metrics do others (in my industry) use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Adexa

JULY 17, 2023

This has been the case since the beginning of time. Tools that are available to day are catalysts to faster ad better business processes and enabling higher productivity that is different in kind and not just in degree. Even real-time decision making is being replaced with before-the-time decision making by predicting events.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98

The Logistics & Supply Chain Management Society

MARCH 14, 2023

With constrained and somewhat erratic demand and supply – not just of products and materials but also capacity with carriers of all modes – rates have been extremely volatile. Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

ToolsGroup

SEPTEMBER 22, 2020

Have you noticed how the clock speed of just about everything has sped up considerably in just a few years? Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence. Of course, today’s hot item can change on a dime.

Supply and Demand 156

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

Logility

APRIL 7, 2020

These are just a few of the countless and amazing innovations we hear about on a daily basis. It’s likely you’ve already been hit by shortcomings in your supply chain, so take the time to identify remaining risk. At the same time, start a frank discussion about which metrics matter right now. For example, why is the U.S.

Innovation 147

Innovation Supply Chain Planning Software Supply Chain Design Software Logility 147

Logistics Viewpoints

DECEMBER 6, 2020

Many companies have a metric that measures plan accuracy and these companies work, for example, to move plan accuracy from 75% to 78%. Johanna Småros, the Cofounder at RELEX Solutions, described their new capacity solution to me. Dramatic demand shocks have been all but impossible to forecast. Where is the breakthrough in that?

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

GlobalTranz

OCTOBER 10, 2017

Using technology to improve last mile metrics is essential to driving last mile costs down, but how do shippers know if the technology is helping or hurting? Essentially, shippers need to track these 11 metrics. On-Time Deliveries Are King of Last Mile Metrics. Last Mile Vehicle Capacity Used Versus Available.

Metrics 153

Metrics Cost Reduction Strategies Logistics Network Optimization Software Waste Reduction 153

Logistics Viewpoints

NOVEMBER 23, 2020

In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. As the supply chain team contemplated this growth, they realized that they had to envision a future, not that many years out, where the company could be generating up to three times their current sales.

Customer Service 192

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

ThroughPut

FEBRUARY 23, 2024

Even as some supply chains are struggling to harness the power of AI for multiple reasons , some others are already setting great examples. Just about everyone in the supply chain gets negatively impacted by wrong forecasts. Just about everyone in the supply chain gets negatively impacted by wrong forecasts. Inventory pile-ups.

Predictive Analytics Software 59

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

Logility

OCTOBER 12, 2021

Whether your company is just starting out or has already faced criticism about its sustainability practices, you would benefit by inviting the input of your critics. Develop metrics against which supply chain stakeholders can judge their performance. You don’t have to reinvent the wheel, however.

Supply Chain Planning Software 130

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

Unleashed

OCTOBER 16, 2023

This guide explores the ins and outs of managing raw materials in a manufacturing business, with examples and actionable tips for improving your processes. It aims to ensure you always have enough raw materials available to meet demand and maintain production levels while avoiding operational lost time. Let’s dive in.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Taulia

AUGUST 29, 2023

For example, a digital SCM platform can simplify supplier management and offer increased supply chain visibility while also offering centralized access to solutions like supply chain finance (SCF), which they can use to strengthen their working capital position. Establish clear objectives Start by setting clear objectives.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Optimal Sourcing Sourcing Strategies 52

Unleashed

MAY 22, 2022

It may sound simple, but it’s not – and lead times and shortages will need to be tracked and updated constantly. Dairy alternatives haven’t, so they’ve outgrown the capacity globally of manufacturers.” These are their 18 techniques. How you do this will also depend on strategic aims for the period in question. The lesson?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Forecasting Software 98

ivalua

NOVEMBER 26, 2019

Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. Deploying best practices is great, but just means you are doing the same thing as other high performers. Just how can you do that?

Optimal Sourcing 130

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 130

ShipBob

APRIL 26, 2023

For example, there’s a shortage of wheat and oil supplies due to trade disruptions in the region. How the downstream supply chain has been affected in the 2020s Just like the upstream supply chain, downstream activities have also been impacted by recent global events. Let’s get into it. What is the upstream supply chain?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

Kinaxis

NOVEMBER 26, 2014

I can’t tell you how many times I’ve heard that phrase from different people in different contexts. Sometimes this is intentional and questionable; One company I’ve talked to told me that they limit information to their planners because they wouldn’t know what to do with it… that it would just confuse them. Sometimes it’s true.

Supply Chain Planning Software 256

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 256

Unleashed

AUGUST 20, 2023

Long lead times can hurt sales and customer retention. Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. In this lead time guide: What is lead time?

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . Key performance indicators (KPIs) are the quantifiable metrics companies use to gauge their progress toward a specific goal. . Not sure what those metrics are? Order cycle time.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Unleashed

OCTOBER 6, 2021

It may also be useful to use KPIs for your most important suppliers – for example KPIs for goods and services are delivered, whether they are on time, and whether they meet quality expectations. That makes sense – inventory is one of the most capital intensive areas for any product business.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

ShipBob

OCTOBER 4, 2023

It involves closely tracking your inventory levels to replenish your stock at the right time and maintain inventory accuracy. However, it isn’t just simply removing excess stock across the board. You won’t have to pay for storage fees, staffing, utilities, and other costs just to carry inventory that doesn’t get sold.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Expense Reduction 52