Precoro

MAY 27, 2021

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. By building an excellent Supplier Management Process, a successful company can mitigate those risks and ensure that their supply chain is undisrupted and meets the KPI's. Raise Team expertise.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Supply Chain Game Changer

SEPTEMBER 30, 2020

Some procurement professionals can quickly identify their key, or champion, supplier partners. Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020). Order our EBOOK HERE.

Procurement Analytics 53

Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 53

ThroughPut

AUGUST 18, 2023

But what are the Key Performance Indicators (KPI) in supply chain management that you need to look at from a financial lens? Its financial implications include enhanced customer satisfaction and thereby, repeat purchases and more sales through word of mouth. This leads to improved cost control and increased profitability.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Software Material Savings Expense Reduction 52

Unleashed

JANUARY 10, 2023

The 5 components of the supply chain planning process: Supply chain visibility Supply chain mapping Production optimisation Product pricing optimisation Implementation of supply chain planning software Combine these and you’ll get an optimised supply chain planning strategy that brings in extra revenue and helps you cut unnecessary business costs.

Supply Chain Planning Software 52

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

EazyStock

JANUARY 21, 2021

Predominantly based on the functionality of Dynamics NAV, it’s easily connected with Microsoft’s other solutions from the 365 software suite to provide a fully integrated business system. It stores a wealth of data about every product and updates stock levels based on outgoing sales and incoming purchases.

Inventory Management Software 52

Inventory Management Software Inventory Management Forecasting Software Optimization Software 52

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Every KPI needs a clearly defined goal. Supplier KPIs.

Optimal Sourcing 113

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 113

Supply Chain Opz

JUNE 1, 2014

Boeing and Airbus Supply Chain Strategy Boeing wants to encourage more flight frequency and direct route using a smaller capacity aircraft. They want to utilize high capacity airplane to help airlines drive the operating cost down. In order to streamline the delivery, Coca-Cola implemented a vehicle routing software.

Case Study 239

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

EazyStock

FEBRUARY 26, 2020

For more sophisticated stocking policies you can turn to inventory planning software , such as EazyStock. Monitoring your service level as an inventory management KPI helps you ensure you can completely fulfill every order and prevent stockouts. Review your Stock Replenishment Rules.

Modeling 52

Modeling Inventory Management Software Forecasting How To 52

SCMDOJO

JANUARY 17, 2024

A capacity planner optimizes production capacity. They are in charge of purchasing, procurement, and sourcing. To Improve your Materials Management Comptencies, Download our Assessment Tool. They supervise the whole operation, from forecasting demand and planning production to procurement and logistics.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Talking Logistics

OCTOBER 3, 2018

It’s important to be able to track key performance indicators (KPI) such as loading times, unloading times, loop times, and returning dollar per hour information on each load and job. With smart quoting, you can take in all of the variables that make up an accurate quote, such as truck type, tonnage capacity, and driver costs.

Rail Software 102

Rail Software Procurement Solutions Purchasing Skills Logistics Network Optimization Software 102

Silvon Software

APRIL 1, 2024

Business strategy solution jigsaw puzzle Today’s business applications are capturing, processing, and storing unprecedented volumes of data. Procurement Purchase Order Cycle Time – The average time taken from the creation of a purchase order until its fulfillment. Who are our worst performing suppliers?

Procurement Analytics 58

Procurement Analytics Analytics Software Predictive Analytics Analytics 58

6 River Systems

FEBRUARY 22, 2019

. “In our company what has worked best is what we call, the magic formula, the software + method…” . Choose software that facilitates the valuation and control of permanent inventories based on inputs or outputs, with automated stock alerts, that is versatile and independent of the type of business.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Unleashed

JULY 23, 2023

You can calculate order cycle time using the formula: (Delivery Date – Order Received Date) / Total Number of Orders Shipped = Order Cycle Time This KPI reveals where you need to develop new strategies to improve the speed of your order fulfilment. Takt time Takt time is a KPI that helps set the pace of your manufacturing process.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

SCMDOJO

OCTOBER 7, 2022

Warehouse Space Utilization = Total warehouse ares occupied by activities / total warehouse capacity floor (m2) * 100. Time- related Logistics KPIs Example: Order to Delivery Lead Time = Actual delivery date – purchase order creation date. Receiving operation time = Total time taken / time taken to unload each pallet.

Optimal Sourcing 109

Optimal Sourcing Logistics Network Optimization Software Logistics Supply Chain Design Software 109

Logistics Bureau

NOVEMBER 15, 2021

As I’ve mentioned in other KPI articles that I’ve written, we come across a surprising number of businesses that struggle to choose and use KPIs effectively in our consulting work. This time I’m going to share some warehouse-specific insights into KPI selection and use. 1) Speed up the Warehouse. For Putaway.

Warehousing 52

Warehousing KPI Inventory Reduction Expense Reduction 52

ThroughPut

JUNE 24, 2022

AI in supply chains is helping to deliver the powerful optimization capabilities required for more accurate capacity planning , improved productivity, high quality, lower costs, and greater output, all while fostering safer working conditions. Gaining Supply Chain Momentum with Artificial Intelligenc e(AI) in Supply Chains & Logistics.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

QAD

OCTOBER 31, 2019

They don’t make adherence to a set of processes the primary management tool. . Consider capacity constraints affecting consumption of raw materials/components. Create time-phased purchase orders. The Execution Outcome for this group of processes is ‘Purchasing Plan Created’. Of course, manufacturers still need processes.

Manufacturing Procurement 79

Manufacturing Procurement Manufacturing Purchasing Skills Forecasting Software 79

Logistics Bureau

NOVEMBER 27, 2016

Unilever has sustainability at the very heart of its business model, extending all the way through the supply chain from distribution to procurement. In short, McDonalds is focused on what its suppliers can do to improve the supply chain , not how they do it (as long as solutions meet with McDonalds exacting principles of safety and quality).

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

QAD

APRIL 2, 2020

QAD is pleased to announce the availability of QAD Adaptive ERP 2020, the latest version of QAD’s flagship next generation ERP solution that includes the Adaptive User Experience (UX) and the QAD Enterprise Platform. We are also excited to unveil updates to many other areas in the QAD Adaptive Applications solution portfolio.

Manufacturing Procurement 143

Manufacturing Procurement Manufacturing Supply Chain Planning Software Forecasting Software 143

6 River Systems

OCTOBER 12, 2020

From investing in smart automation solutions like collaborative mobile robots to improve warehouse productivity to route and supplier optimization and outsourcing logistics to a 3PL , there are several strategies that can help companies reduce logistics costs. billion, while transportation costs increased by 10.4%

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

Arkieva

MARCH 29, 2016

We can also reducing lead times by providing excess capacity or by using faster transportation modes. On the Cost side, we primarily think of operational costs like purchasing cost, manufacturing cost, logistics cost, etc. We also show their typical KPI’s. Figure 2: A Traditional organization with corresponding KPI’s.

Cost Reduction Strategies 60

Cost Reduction Strategies Purchasing Skills Inventory Reduction Supply Chain Planning 60

Zipline Logistics

JUNE 30, 2020

Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance. Capacity — In trucking, the term refers to available trucks in any given market. Conversely, loose capacity translates into an easier environment that is easier to find a carrier.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Strategy 52

Logistics Bureau

MAY 24, 2019

At the point when optimisation planning began, sourcing and inbound logistics were managed by teams in various countries, each with different levels of SCM maturity, and using different tools and systems. While inexpensive in itself, the solution cost around six minutes every time an employee had to locate a unit in the yard.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

Unleashed

FEBRUARY 21, 2021

With the added uncertainty of the ongoing global pandemic, the need to implement effective business strategies – and have the right brewery software in place – has never been more critical. It works to help the contract brewer reduce costs and the host brewer to optimise capacity and increase revenue. Increased capacity.

Cost Reduction Strategies 85

Cost Reduction Strategies Inventory Reduction Material Savings Expense Reduction 85

GlobalTranz

AUGUST 3, 2017

This only represents a fraction of how auditing software can improve your bottom line, so you need to understand why it is paramount in your logistics technology stack. This is where parcel shipping auditing software from an accredited vendor, like Cerasis, comes into play. Problems With Manual and Internal Parcel Invoice Auditing.

Logistics Network Optimization Software 137

Logistics Network Optimization Software Optimization Software Procurement Solutions Vendor Strategies 137

Unleashed

MARCH 16, 2023

The benefits of more efficient fulfilment include: Reduced costs Faster fulfilment times Higher repeat purchase rate Happier customers Better brand reputation Minimal returns Better pricing with your suppliers Higher employee job satisfaction This list is by no means extensive. Then work out a process for KPI management.

Inventory Management Software 52

Inventory Management Software Procurement Analytics Purchasing Skills Forecasting Software 52

ThroughPut

NOVEMBER 28, 2023

This piece will unveil the top 18 supply chain analytics solutions currently shaking up the market. These aren’t just tools but potential game-changers for your bottom line in the long run. What is Supply Chain Analytics Software? So, what features should you look for in your supply chain analytics tool?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52