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. Aligned Metrics. Can you help us with what you see in the data?”

Optimal Sourcing 301

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 301

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. Be demand driven. Hire smart data analysts.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Supply Chain Shaman

OCTOBER 8, 2019

No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 183

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

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

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. They will be digitally shared through Amazon, iTunes and other sources.

Gartner 267

Gartner S&OP Pharmaceutical Supply Chain Planning Software 267

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. parts per million, in comparison to the 1960 levels of 316.91 Source: Statista.com. Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes. Ethical sourcing of goods.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Supply Chain Insights

APRIL 9, 2013

To understand supply chain excellence, we 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. They will be digitally shared through Amazon, iTunes and other sources. Why do we need a new Index?

Gartner 137

Gartner Pharmaceutical Supply Chain Planning Software Supply Chain Strategy 137

GlobalTranz

NOVEMBER 19, 2015

Today we continue our long series and look at teaching shippers how to remain strategic when it comes to logistics and their transportation management program. The Use of Data to Create a Successful Transportation Management Program. In today’s data-driven transportation systems, data entry should primarily be an automated process.

Transportation Management 120

Transportation Management Transportation Sourcing Strategies Data 120

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. It can be compared to estimated time of delivery in transportation planning, or to customer booking data to compare on-time delivery, but the reference data varies by mode.

Supply Chain Planning Software 167

Supply Chain Planning Software Modeling Software Analytics Software Demand Planning Software 167

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. It can be compared to estimated time of delivery in transportation planning, or to customer booking data to compare on-time delivery, but the reference data varies by mode.

Supply Chain Planning Software 154

Supply Chain Planning Software Modeling Software Modeling Analytics Software 154

NC State SCRC

NOVEMBER 5, 2016

Contract analytics can provide a summary view on performance and pricing deviations, risks, statistics (expiry, renewal and pending), procurement and sales metrics. 1] https://infocus.emc.com/mauro_caputi/contracts-management-and-analytics-the-source-of-truth-for-big-data/.

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 40

GlobalTranz

MARCH 24, 2015

Editor’s Note: This post is a slightly modified guest post from Ahern & Associates , a transportation management consultancy. Benchmarking as a Hard Rule within Transportation Cost Analysis Can Be Damaging. And more… for a full list, see our White Paper on Transportation Metrics. On-time pickups.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

Supply Chain Shaman

AUGUST 16, 2015

The goal is deeper analytics to sense and respond across make, source and deliver. GT Nexus is one of the strongest providers of transportation visibility for the global ecosystem. While many will compare you to SAP, it is not a comparison. Companies need a real-time data source on performance. It is clear.

Prescriptive Analytics Software 150

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

Logistics Viewpoints

JULY 19, 2023

In the survey, APQC used a series of performance metrics, including net promoter score, customer retention rate, perfect order performance, and on-time delivery among others, to identify the top performing companies. By comparison, 85 percent of orders are accomplished in one delivery for those at the 75th percentile.

Sustainability 193

Sustainability Optimal Sourcing Logistics Material Savings 193

Requis

MARCH 23, 2021

The pressure to be more sustainable also comes from outside sources like governments, banks and customers. There is carbon present at all stages of the building, from producing the steel, to transporting the steel (and other materials), to erecting the building, and to operate the building, and eventually to the decommission stage.

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Expense Reduction 52

Intelligent Audit

MAY 2, 2022

As highlighted by Transport Topics in a January 2022 article discussing freight shipping analytics, “ Data shows total truckload rates year-over-year are holding around 12% higher. Aggregate Data to Create a Single Source of Truth for Shipping Insight. Enable Real-Time Transportation Tracking. They are forecast to grow 2.5%

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Analytics Software Predictive Analytics 52

Intelligent Audit

MAY 9, 2022

With ongoing recovery firmly in progress across multiple industries, one of the most significant challenges facing freight forwarders, supply chain managers, and transportation service providers is the issue of payment and freight bill payment service management. Transportation invoice audit providers can improve payment processes.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Freight Material Savings 52

Supply Chain Shaman

FEBRUARY 23, 2017

He is an industrial engineer with a diploma in transportation and logistics from the University of Applied Sciences in Bremerhaven. Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The Ralf has worked at BASF since 1989 in a variety of jobs across continents.

Agile and Lean Supply Chain 154

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 154

Intelligent Audit

MAY 19, 2022

Anyone who has not been living in a cave for the past two years knows about the supply chain disruptions that continue to plague local and global shippers and transportation service providers. Successful shipping and transportation operations are at the heart of a strong focus on improving business logistics and daily operations.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimal Sourcing Freight Expense Reduction 52

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. Starbucks redesigned their cups for the Grande product, and the flimsy cups were a source of constant spills and burns. A Comparison Of Company Performance To Industry Average.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

Precoro

FEBRUARY 27, 2023

Spend analysis is a crucial part of the broader business practice of spend management because a clear picture of the company's expenditures is essential for fact-based decisions in strategic sourcing and supplier management. If the answer to any of them points to problems, it might be time to explore other sourcing options.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Intelligent Audit

NOVEMBER 5, 2021

According to Transport Dive , “Morgan Stanley said in an Oct. However, supply and demand for modern shipping and transportation services can shift suddenly and without warning, especially as e-commerce shipping demands continue to surge. . This comes as industry experts expect an above-average market demand through much of 2022.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

Logistics Bureau

MAY 4, 2016

To paraphrase a saying, the road to supply chain hell is paved with good intentions and bad metrics. From this understanding, supply chain metrics will then ideally be: A few essential measurements that cover all the strategic aspects of the supply chain. Financial metrics to indicate profitability.

Supply Chain Performance 40

Supply Chain Performance Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 40

Intelligent Audit

OCTOBER 26, 2021

Unfortunately, SKU proliferation, the growing complexity of transportation service providers, the globalization of e-commerce, and increased delivery expectations make that goal more difficult to attain. Even challenges in a singular mode, such as ocean, can have a compounding effect on other modes, including OTR transportation.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 52