SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). The questions that are most often asked are: What metrics should I use?

Vendor Strategies 56

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 56

GlobalTranz

SEPTEMBER 23, 2021

Capacity Constraints Continue to Arise. Capacity constraints continue to come under microscope as shippers look for a better understanding to the state of the market. Top causes of capacity constraints include: . Capacity constraints within truckload and parcel have led to spillover within the LTL market.?

Optimal Sourcing 308

Optimal Sourcing Prescriptive Analytics Software Pricing Training Negotiating Skills 308

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

Logistics Viewpoints

NOVEMBER 14, 2022

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. The network supports a wide array of messaging types including real-time GPS, EDI, and API-based capacity requests, bookings, statuses, and customs messages.

Agile and Lean Supply Chain 224

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

SYSPRO Smarter ERP

NOVEMBER 3, 2021

The SCOR (Supply Chain Operations Reference) methodology has six high-level business activities that define the supply chain – plan, source, make, deliver, return, and enable. can be measured to define this metric. It is important to note that capacity may have seasonal or temporary variation. Warehousing KPIs. Outbound KPIs.

Manufacturing Procurement 105

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

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

DELMIA Quintiq

DECEMBER 14, 2021

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. Source: [link]. The capacity to recycle or reprocess food waste worldwide is still limited and insignificant compared to the amount of food waste being generated. Pete Pearson Director of Food Waste, WWF.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

Logistics Viewpoints

AUGUST 7, 2023

The Cardinal Health Supply Chain Cardinal Health’s medical segment manufactures, sources and distributes Cardinal Health branded medical, surgical and laboratory products. 94% of US and Canadian healthcare systems use Cardinal Health in one capacity or another.

Supply Chain Planning Software 175

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

Logility

MARCH 21, 2023

Finance teams speak about business issues in terms of currency and margins, while supply chain operations make decisions based on volumetric conversations around units, capacity, and lead time. Integrating all corners of business planning Finance and supply chain organizations can seem worlds apart, even though they are on the same continent.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimal Sourcing Scenario Planning Supply Chain Planning 130

ThroughPut

MARCH 24, 2024

Conditions of erratic demands, long-period metrics, and unavailability of raw materials have brought forth a plethora of problems: Trouble managing capacity with high peaks and troughs in demand for goods, capacity management has become a key concern. Excess inventories lead to excess wastage.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

Logistics Viewpoints

MARCH 27, 2023

It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Increasingly, forecasts are being improved by leveraging outside data sources rather than merely relying on a company’s internal historical shipment data. Doing this, increases the benefits. forecasting product sales at 10,000 stores.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

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. Invest in capacity-building programs for your suppliers to promote compliance. There are many ways this can happen.

Supply Chain Planning Software 130

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

ThroughPut

MAY 25, 2021

Sales & Operations Planning (S&OP) in the food and beverage industry (S&OP) refers to an integrated business management process that brings together all the functions of a business, including sales, marketing, customer service, manufacturing, development, sourcing, and finance. All you need to know about the stages of S&OP.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning S&OP 52

Supply Chain Matters

JULY 7, 2023

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

Supply Chain Shaman

OCTOBER 25, 2021

This is not a new problem; but it is exacerbated by volume increases, COVID labor issues, and port infrastructure capacity issues. Manage Make, Source, and Deliver Together. Change internal metrics to a balanced scorecard and force the functions to work better together. There is no oversight or coordination. What to do?

Analytics Software 195

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

Supply Chain Cowboy

MARCH 1, 2015

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Communication.

Vendor Strategies 40

Vendor Strategies Metrics Price Reduction Expense Reduction 40

Supply Chain Matters

OCTOBER 12, 2022

On the other hand, transportation metrics continue their slowed pace, reaching the second highest level of capacity growth, and the third fastest rate of price contraction in the history of the index. In September of last year, the spread of Transportation Prices to available capacity reflected a 55.1 for September.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Supply Chain Shaman

OCTOBER 25, 2021

This is not a new problem; but it is exacerbated by volume increases, COVID labor issues, and port infrastructure capacity issues. Manage Make, Source, and Deliver Together. Change internal metrics to a balanced scorecard and force the functions to work better together. There is no oversight or coordination. What to do?

Analytics Software 195

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

Supply Chain Matters

FEBRUARY 14, 2024

According to the reporting by The Wall Street Journal (Paid subscription) , Maersk’s profitability decline has more to do with new ship capacity coming into service this year as a result of ship acquisitions initiated during the prior 2-3 years. Maersk is not the only global wide carrier bringing on added new ship capacity this year.

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

QAD

MARCH 9, 2023

As soon as a change in cost, capacity, demand or supply is detected, a planner needs to determine precisely how the disruption will impact the business objectives.” That means looking at the right metrics. Be influenced by metrics that transcend operations, profitability, and risk.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 95

Logistics Viewpoints

APRIL 4, 2022

They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion. But even multi-sourcing is not enough. A supply chain is mapped, where components are source from, how they flow through a supply chain to factories and out to customers. Their revenues exceed €25 billion.

Supply Chain Transformation 194

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 194

Supply Chain Shaman

OCTOBER 8, 2019

The organization, tightly capacity-constrained failed to forecast and build capacity ahead of market demand. No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. The River of Demand. #3 3 More Than a Simple Triangle.

Supply Chain Design Software 183

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

Adexa

JULY 17, 2023

Optimal resource utilization: Digital technologies enable organizations to optimize resource allocation, such as inventory, production capacity, and transportation. By leveraging advanced analytics techniques, organizations can gain valuable insights into demand patterns, customer behavior, operational performance, and other key metrics.

Supply Chain Planning Software 98

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

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

SCMDOJO

APRIL 9, 2024

Leveraging telematics in logistics makes it easy to access real-time information like vehicle location and status, deviations from planned schedules, traffic situations, driving behavior, vehicle diagnostics, maintenance issues, vehicle metrics that affect fuel efficiency, and more.

Supply Chain Design Software 65

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 65

ThroughPut

FEBRUARY 23, 2024

Leveraging AI for demand forecasting means: You can analyze any amount of historical data and current trends from external sources to predict future demands more accurately. Embracing AI for supplier management within the supply chain translates to: Optimizing your sourcing decisions through critical data insights. The solution?

Predictive Analytics Software 59

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

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

This proactive approach not only streamlines the sourcing process but also increases the likelihood of finding the right transportation service providers who can meet specific needs and expectations. Freight Procurement The actual Freight Procurement Stage is the heart of the transportation service sourcing process for shippers.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

ThroughPut

DECEMBER 8, 2023

These analytics techniques serve as essential tools to transform descriptive metrics into actionable insights and informed decisions. Capacity Planning Capacity planning is another instance of the effective use of prescriptive analytics in supply chain optimization.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Locus

JULY 24, 2023

Carrier Requirements: Carriers also have their own preferences and limitations regarding the load they can carry such as geographic coverage, equipment availability, capacity, specialized handling capabilities, and contractual obligations. accounting for 61 billion empty miles and 87 million metric tons of unnecessary annual emissions.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Optimization Software Logistics Network Optimization Software 52

ToolsGroup

JANUARY 9, 2018

With a single version of the truth, planners can model scenarios for S&OP meetings, so stakeholders from sourcing, manufacturing, logistics, sales, and finance can assess the options and trade-offs. For each scenario, planners have visibility down to the SKU-location level, to evaluate capacity and stocking needs.

Modeling 179

Modeling Scenario Planning Optimization Modeling Supply Chain Planning 179

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. That frees capacity, increases influence and improves access to insights for better decision making. The Importance of Ambition.

Optimal Sourcing 130

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 130

The Logistics & Supply Chain Management Society

MAY 28, 2022

Port congestion, capacity constraints, large increases in rates across all modes, labour shortages and long delays in shipments—these are just some of the operating realities supply chain and logistics professionals face today. Feature Article by Ryan Tang – Executive Director, APAC?E2open. Data leads to insight, which leads to action.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

Taulia

AUGUST 29, 2023

Source suppliers strategically Supply chains are ultimately made up of suppliers. So, choosing the right suppliers – a process known as strategic sourcing – is vital when it comes to establishing a strong and efficient supply chain that ensures business objectives are met.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Optimal Sourcing Sourcing Strategies 52

ToolsGroup

SEPTEMBER 22, 2020

Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence. Other sources: 1 [link]. When you effectively use insights like these before new product launches, you can create different supply and demand scenarios. November 2019. 2 [link].

Supply and Demand 156

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

Unleashed

AUGUST 20, 2023

Lead time is a vital business metric that directly impacts customer satisfaction, workflow efficiency, and delivery time accuracy. It’s a valuable metric for identifying bottlenecks, improving efficiency, and optimising specific operational steps.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

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

ThroughPut

JANUARY 19, 2024

Secondly, coordinating customer needs, plant capacity, and transport resources was also vital. This included understanding truck routes, analyzing material sourcing from plants, identifying potential new plant locations, and evaluating delivery inefficiencies and carbon emissions.

Case Study 52

Case Study Waste Reduction Resource Reduction Material Savings 52