Logistics Viewpoints

DECEMBER 15, 2022

quintillion bytes of data every day. Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes. Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes. The retail industry is rich with data.

Optimal Sourcing 194

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 194

Supply Chain Shaman

MARCH 27, 2023

As discussions full of oxymorons, acronyms, and juxtapositions fill the air, I think that it is time to step back, and rethink planning based on the opportunities that new forms of analytics and data give us. ” Today only 7% of manufacturers are innovators. The difference between an oxymoron and a juxtaposition lies in usage.

Supply Chain Planning Software 348

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 348

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Only 29% of manufacturers easily manage total cost trade-offs. The research project analyzed 1200 combinations of 180 metrics for four hundred companies for the period of 2010-2012. Methodology Comparison.

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

OptiProERP

MAY 18, 2023

So what is procurement? Procurement is acquiring goods, services, or works from an external source. It involves sourcing, negotiation, ordering, delivery, and payment for goods or services. What Are the Types of Procurement?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Procurement Solutions 52

Unleashed

DECEMBER 15, 2021

Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. For manufacturers, it’s about understanding how long the process takes from receiving inventory to manufacturing a product and achieving a sale.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

Supply Chain Shaman

JULY 25, 2021

Less than 50% of the required data for supply chain planning comes from ERP. The Focus Inside-out Supported by Functional Metrics. Trade-offs of commercial programs with source, make, and deliver to maximize value to the customer and improve margin.). In addition, the promise was overstated. Maturity Model.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) My desire was to make the rankings of the Top 25 supply chain report data-driven based on balance sheet results. I began analyzing correlations of groups of metrics to market capitalization and found that the most significant correlation was between market capitalization and growth.

Gartner 200

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 200

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Hire smart data analysts.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Based in Paris, L’Oréal is a global personal care manufacturing company.

Case Study 281

Case Study Inventory Reduction Agile and Lean Supply Chain Study 281

Supply Chain Shaman

OCTOBER 8, 2019

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Supply chain management requires good data at the mix level of an item/location. Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. Background.

Supply Chain Design Software 191

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 191

ToolsGroup

AUGUST 20, 2019

Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. By comparison, vendors have been investing in advanced technologies such as artificial intelligence (AI) and advanced analytics to enhance their offerings. versus $4.84 For example ….

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

Supply Chain Shaman

SEPTEMBER 17, 2014

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. Can you help us with what you see in the data?” Aligned Metrics.

Optimal Sourcing 316

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 316

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

ToolsGroup

AUGUST 20, 2019

Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. By comparison, vendors have been investing in advanced technologies such as artificial intelligence (AI) and advanced analytics to enhance their offerings. versus $4.84 For example ….

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 136

Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Supply Chain Shaman

JULY 19, 2015

Self-reporting of data does not meet this standard. In most ‘benchmarking activities’, self-reported data is the most common source. However, for elements like forecast error, customer service and slow-moving inventory self-reported data is not sufficient. A lag is the comparison against points in time.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

Supply Chain Shaman

AUGUST 7, 2019

In my work with manufacturing companies recently, I am thinking a lot about the need for diagnostic testing. We draw a timeline on a conference room wall and using customer shipment and compliance data, we plot the issues with customer service and product outages. As a group, we drill into root issues. Understand Industry Performance.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 255

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. The goal is deeper analytics to sense and respond across make, source and deliver. It is clear.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Unleashed

JULY 23, 2023

Key Performance Indicators (KPIs) help manufacturers determine operational strengths and flaws. By tracking the right manufacturing KPIs in your production operations you can accurately monitor performance to ensure the consistent and timely delivery of quality products. In this manufacturing KPIs guide What are KPIs in manufacturing?

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

Supply Chain Shaman

JANUARY 14, 2013

Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. The example that I give in the first post is the focus of manufacturing strategies to drive strong results to improve Return on Assets (ROA) that have actually caused a deterioration in operating margin.

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 260

Supply Chain Shaman

OCTOBER 29, 2014

The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. Data surrounds the company. The data in the channel is changing faster than the company can adopt processes and technologies to use it.

Supply Chain Planning Software 330

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 330

Supply Chain Shaman

AUGUST 26, 2015

News anchors broadcast real-time data on the stock market, and while there are many commentaries on the positives and the negatives, what is clear is we are in a period of change and uncertainty. The irony is that there is more market data available on true customer spending with less latency than ever before. They are not.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Unleashed

JANUARY 4, 2024

Product sourcing, done the right way, can set your business up with the foundations needed for achieving maximum sales. This guide will explain how product sourcing works in modern business, best practices for finding suppliers, and list some of the most popular websites and tools for sourcing goods to sell.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 52

Supply Chain Game Changer

NOVEMBER 19, 2018

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. Yet often the Supply Chain is undervalued.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

Supply Chain Shaman

JULY 29, 2013

Last week in the middle of a presentation, a supply chain leader made the statement, “We have solved the issues in supply through better optimization and use of data. The data models are wrong. Which supply chain metrics correlate to market capitalization by Morningstar sector? Instead, it is real-time data.

Supply Chain Planning Software 300

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 300

Supply Chain Shaman

APRIL 14, 2013

To understand supply chain excellence, Abby and I have been studying pattern recognition for industry peer groups at the intersection of the metrics in the Supply Chain Effective Frontier of growth, profitability, cycles and complexity. Objectivity: We are correlating the formula based on quarterly stock market valuation data.

Gartner 270

Gartner S&OP Pharmaceutical Supply Chain Planning Software 270

IQMS

JUNE 15, 2020

Bottom Line: Capturing machine process and measurement data with real-time process monitoring helps manufacturers improve quality and compliance, while also increasing production yields and shop floor productivity. Using Real-Time Process Monitoring To Create A Manufacturing Fitness Plan.

Manufacturing Procurement 75

Manufacturing Procurement Analytics Software Demand Planning Software Manufacturing 75

Supply Chain Shaman

APRIL 15, 2015

In the presentation, I shared data on the evolution of supply chain planning and the results on user satisfaction. However, in the polling data in the APICS webinar, we found that over 70% of the respondents had deployed solutions from the ERP-expansionists (either SAP or Oracle). The research is a study of large manufacturers.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150

Logistics Bureau

SEPTEMBER 4, 2023

Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed. Some customers are very good at finding loopholes to reduce their purchasing costs.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

ShipBob

JANUARY 6, 2023

You’ll also get a quick comparison of the top providers to make your search easier. Report on important performance metrics. This mainly includes ecommerce businesses, manufacturing companies , retail distributors , wholesale businesses , retailers, and third-party logistics providers. Quick rate comparison. Key features.

Supply Chain Planning Software 52

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

Requis

MARCH 23, 2021

The pressure to be more sustainable also comes from outside sources like governments, banks and customers. This is how I learned about the concept of “retained carbon”, or embodied carbon, which is essentially the carbon that is used in the extraction and manufacture of materials used in a project. And this is a significant amount.

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Expense Reduction 52

Supply Chain Shaman

JUNE 15, 2015

High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. Planner turnover, time to plan, ability to get to data, system usability, and talent gaps are all major issues. I also believe that SAP is one of the best, if not the best, ERP system for most process manufacturers.

Supply Chain Planning Software 150

Supply Chain Planning Software SAP Supply Chain Planning Supply Chain Software 150

AFFLINK

JUNE 14, 2016

Even more challenging is establishing goals and metrics for this ever-moving target. Start at the sourcing phase, move into the assembly line, observe the transaction period between the customer and your company, and end at the customer’s final experience with your brand. Stumped on exactly what to track? Energy Use.

Waste Reduction 48

Waste Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 48

Supply Chain Shaman

JUNE 15, 2015

High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. Planner turnover, time to plan, ability to get to data, system usability, and talent gaps are all major issues. I also believe that SAP is one of the best, if not the best, ERP system for most process manufacturers.

Supply Chain Planning Software 135

Supply Chain Planning Software SAP Supply Chain Design Software Supply Chain Planning 135

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports. At Supply Chain Insights , this is our passion.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals. It can appear useless.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

BlueYonder

DECEMBER 11, 2014

The incubator allows a baby to be protected in its most vulnerable stage of life, giving it a chance to live a full life in comparison to the incremental 10 to 30 years offered by other important medical breakthroughs. However, there is something to be said for end-to-end orchestration.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Design 75