Logistics Viewpoints

SEPTEMBER 4, 2023

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.

Procurement Solutions 283

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 283

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

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

SCMDOJO

MAY 23, 2025

By embedding analytics across logistics, sourcing, and fulfillment, businesses gain the visibility and foresight needed to stay competitive.Analytics-driven leadership is no longer a luxury; it’s the foundation of operational survival in todays volatile business environment. Analytics allows organizations to move beyond intuition.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Procurement Analytics Analytics Software Supply Chain Planning Software 59

GlobalTranz

DECEMBER 30, 2014

Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible? To add insult to injury, they also rarely have reporting mechanisms to properly monitor those expenses.

Logistics Network Optimization Software 305

Logistics Network Optimization Software Expense Reduction Supply Chain Planning Software Modeling Software 305

Silvon Software

APRIL 19, 2022

The past few years have created a lasting impact on the way business is conducted, driving many companies to analytics to gain the visibility they need to control and optimize key processes. The Basics of Procurement KPIs. To accomplish this, our clients rely on the built-in data hub of our Stratum reporting application.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Logility

AUGUST 7, 2017

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. Functionally isolated metrics lead to sub-optimized supply chain performance.

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. The metrics that underpin MRP could be described as the balls in this juggling act. This article takes an in-depth look at the crucial metrics every supply chain professional needs to know.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 98

Logistics Viewpoints

DECEMBER 14, 2021

Integrated forecasting, store replenishment, warehouse procurement, purchase order creation, operational constraints such as storage space, unloading capacity, and commercial agreements such as vendor lead times, minimum order quantities, packaging configurations can hugely improve productivity and accuracy in the planning processes.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Optimization Software 288

Logistics Viewpoints

MAY 19, 2022

Analytical techniques like linear programming can create the mathematically “optimal” plan, but these methods must be implemented well to avoid creating other challenges. Fusing analytical approaches improves the math behind optimization, but to avoid highly-efficient silos it should be paired with concurrent planning.

Optimal Sourcing 300

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 300

QAD

JULY 1, 2021

Here’s a formula to calculate your total direct materials costs: Beginning Inventory + Added Purchases – Ending Inventory = Total Direct Materials Costs. Direct labor is simply the costs associated with paying people to create the product. Where can I improve processes or purchasing to wisely cut costs or time?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 98

Precoro

JUNE 3, 2025

Businesses often use it in retail and purchasing. Category management isn’t just another procurement trend. It’s a way for companies to group similar goods or services (like IT infrastructure, facilities, or raw materials) and manage them holistically instead of handling every purchase in isolation.

Manufacturing Procurement 45

Manufacturing Procurement Procurement Analytics Procurement Solutions Material Savings 45

Logistics Viewpoints

FEBRUARY 3, 2022

Concurrent means to “happen at the same time,” so applying this principle to the supply chain, any change, to any input across the supply chain can be considered and evaluated by demand, supply, distribution, capacity, and purchasing; in real-time. A change to one link (e.g. on-time delivery).

Inventory Reduction 329

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 329

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 89

S&OP Procurement Analytics Supply and Demand Analytics Software 89

Precoro

NOVEMBER 13, 2023

However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. Why Is Purchase Price Variance Important?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Logistics Viewpoints

FEBRUARY 2, 2024

Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. Retailers estimate 13.7

Cost Reduction Strategies 301

Cost Reduction Strategies Logistics Network Optimization Software Inventory Reduction Manufacturing Procurement 301

Logistics Viewpoints

DECEMBER 8, 2022

The transportation execution and visibility systems (TES) market has seen significant growth over the last few years due to a variety of factors, including the growth of e-commerce, the strong ROI tied to these solutions, the rise of control towers and visibility requirements, capacity fluctuations, and the expansion of ecommerce.

Rail Software 278

Rail Software Real-time Visibility Supply Chain Network Software Transportation 278

Jaggaer

OCTOBER 24, 2024

Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more. Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Supply Chain Planning Software Negotiating Skills 52

GlobalTranz

OCTOBER 19, 2017

Today, warehouse managers face an endless battle with a growing number of products and limited storage capacity, and among distribution center managers, the challenge of warehouse slotting is even more difficult. The revenue of a given distribution center is directly related to its carrying costs.

Optimization Software 216

Optimization Software Cost Reduction Strategies Inventory Reduction Material Savings 216

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. The River of Demand. #3

Supply Chain Design Software 207

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 207

ToolsGroup

JULY 10, 2018

Computing power and storage capacity have grown exponentially, while the cost of both have plummeted. More and better data has turned demand analytics into mainstream reality. Teams using advanced analytics technology usually reduce the need for demand shaping as a corrective measure. Demand Planning.

Supply and Demand 192

Supply and Demand Demand Planning Software Forecasting Forecasting Software 192

RFgen

DECEMBER 19, 2024

Data-Driven Decision Making : Using analytics to continuously refine operations. Key Benefits and Business Impact Warehouse optimization offers significant advantages across multiple areas: Cost Reduction: Expect a decrease in operational expenses, lower labor costs, and reduced energy consumption.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

Logistics Viewpoints

MARCH 9, 2023

For instance, the solution should optimize availability, fulfillment, source determination, routing, warehouse handling, and production capacity together and concurrently, focusing on minimizing Total Cost to Serve. Retailers, especially in the developed world, demand collaborative practices with their CPG partners.

Supply Chain Planning Software 282

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 282

Supply Chain Shaman

AUGUST 12, 2024

It might be a change in modeling technique (like an attribute-based model), shifting the bottoms-up and tops-down forecasting approach (forecasting at a different place in the hierarchy), or the use of channel data. Functional metrics throw the supply chain out of balance creating waste and increasing turbulence.

Waste Reduction 195

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 195

GlobalTranz

JANUARY 23, 2018

In other words, the simple act of providing reports to executives and upper-level managers could be considered a form of data visualization, and better reporting will be a fundamental improvement in supply chains throughout 2018, explains Craig Guillot of Supply Chain Dive. Service Supply Chains Will Dominant the Market.

Supply Chain Software 257

Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy Logistics Network Optimization Software 257

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

Arkieva

JUNE 28, 2016

Our focus today is to discuss the relevance of buzz words such as Analytics, Predictive Analytics, Data Science, and Machine Learning, for S&OP. What is analytics? We might use “availability in Excel directly or with Add-ons” as an “age metric’.). The term analytics emerged over the last 10 years (Rose, R.

S&OP 92

S&OP Procurement Analytics Analytics Software Supply and Demand 92

Supply Chain Game Changer

SEPTEMBER 8, 2021

Featuring Our 12 Best Procurement Articles! Procurement’s North Star article and permission to publish here provided by Sam Jenks. What exactly are you and your procurement team working towards? What is Procurement’s North Star Metric? The North Star Metric (NSM). Subscribe Here! Email Address.

Procurement Analytics 97

Procurement Analytics Manufacturing Procurement Negotiating Skills Optimal Sourcing 97

The Logistics & Supply Chain Management Society

MAY 18, 2021

Supply chain execution is required to distinguish between the high runner purchases and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported having a clear overall plan for digital transformation. The Improved Way.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

Talking Logistics

OCTOBER 6, 2016

Blending Traditional + Customer-focused Metrics. Leading retailers are starting to combine traditional delivery metrics (e.g., on-time, complete, miles per delivery, deliveries per route) with some form of consumer-focused metrics such as Net Promoter Score. postal code) or standard lead time (e.g.,

Price Reduction 164

Price Reduction Cost Reduction Strategies Expense Reduction Supply Chain Planning Software 164

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Silvon Software

APRIL 1, 2024

Requests for custom reports or dashboards by business leaders are met with lengthy development times by IT or external analysts, resulting in single-use reports that are limited in scope. Strategic analytics, on the other hand, is often associated with reporting from an analytical data source like a data hub.

Procurement Analytics 59

Procurement Analytics Analytics Software Predictive Analytics Analytics 59

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Following the outbreak of Covid-19, 93% of senior supply-chain executives reported their intent to make their supply chains more flexible, agile, and resilient. Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

QAD

OCTOBER 22, 2024

Corporate purchasing leaders must not only manage transactional data effectively but also use this data from stakeholders across the organization to create a more collaborative environment that creates trust and benefits to both customers and suppliers.

Supply Chain Planning Software 52

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

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

emphasis on inventory optimization companies can benefit from having the capacity for planned service levels, demand volatility, and lead time variation for each of their SKU’s. In SIOP, accountability is a huge part of achieving desired outcomes, improving monthly metrics and satisfying the customer needs.

Supply and Demand 246

Supply and Demand Inventory Reduction Supply Chain Planning Software Supply Chain Planning 246

ivalua

NOVEMBER 26, 2019

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. 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. Stay Flexible.

Optimal Sourcing 100

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 100

ivalua

MAY 16, 2025

Rising software costs, lack of procurement oversight, compliance headaches, and clunky vendor management. Many organizations are discovering that without clear procurement software best practices, costs spiral, risks multiply, and efficiency stalls. Find Out More What Is Procurement Software? Sound familiar?

Procurement Solutions 130

Procurement Solutions Procurement Analytics Analytics Software Forecasting Software 130