Transportation in the Americas: A Cross-Country Comparison

MIT Supply Chain

While the LPI does give valuable information on national logistics systems in the Americas, says Guilherme Mendonça, a student in the MIT-SCALE Graduate Certificate in Logistics (GCLOG) Program, it does not focus specifically on transportation data obtained from primary sources.

RFP Software Comparison

EC Sourcing Group

Those in the market for RFP software , performing an RFP software comparison is a wise idea, as there are features that may be in one suite or software package that may not be in another. RFP Software Comparison : What Does RFP Software Do?


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Where to Start if You’re New to Procurement Sourcing Solutions

EC Sourcing Group

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software. Side-by-side comparison tools.

ERP vs MRP: Key Differences and Features


It used to be that manufacturers either locally sourced their parts or made them in-house. Manufacturing Trends Adaptive erp cloud erp ddmrp dscp effective enterprise management enterprise resource planning erp material requirements planning mrp Software comparison

ERP vs CRM: Key Differences and Benefits


Customer information funnels into a business through a variety of different sources, including sales phone calls, marketing forms, emails, social media networks, customer support calls, website chats and external sales meetings.

The Holidays and The Logistics Crunch: It’s all about the Planning & a Fun Comparison of Logistics & A Successful Turkey Day!


Shipping during the holidays does not have to be a source of frustration; however, smooth holiday shipping requires significant planning ahead of time. Every great logistician knows, "Lean on the experts and use fundamental best practices from multiple sources to put together a logistics plan that is sound!". Have you started planning your Thanksgiving meal yet?

Procurement Cockpit – Strategic Sourcing KPIs

EC Sourcing Group

Today I will focus on KPIs that can provide deep insight into the efficiency and effectiveness of your operations, strategic sourcing efforts and how procurement systems are viewed internally. Each KPI should have a benchmark or reference point of comparison. Last week I suggested that a procurement cockpit is an essential tool to manage your business in 2019.

Parts Are Not Parts

Supply Chain Shaman

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Let’s take a closer look at sourcing. The more planners and the greater the sourcing complexity, the larger the issues requiring a new level of decision support for operations planning. How do purchases from multiple material planners affect sourcing schedules from a supplier?

Do You Know How Much Your Company is Spending? A Spend Analytics Checklist

Supply Chain View from the Field

Spend analysis does not need to occur only on an annual basis, but can be applied also to reviews of a category or subcategory of spend that occurs when a contract is being negotiated, or when a strategic sourcing project is initiated for a particular category group. Spend analysis is also a critical component of effective budget planning, and setting key performance indicators for sourcing teams to consider in their assigned duties.

The Coffee Pot Conversation That Will Not Happen

Supply Chain Shaman

In Table 1, I share a comparison of the two methods. Comparison of the Gartner Top 25 and Supply Chain Insights Supply Chains to Admire Methodologies. There is never a meaningful comparison of balance sheet performance or a serious conversation on supply chain excellence.

SCRC Innovation and Social Responsibility Supply Index: A Critical Input to “Drucker Management Top 250 List”


The ranking “is based on an analysis of 37 data inputs provided by 12 third-party sources. In the innovation category, metrics related to spending management, category management, strategic sourcing and supplier relationship management.

Dirty Data – A Stop on the Journey, Not the Destination


Analytics play a crucial role in all aspects of sourcing and procurement management—especially risk mitigation, new product introduction, and cost optimization. It’s no secret how important it is for organizations to have access to accurate, up-to-date data.

MBA Supply Management Class Prepares Exciting New Set of Projects for Fall 2016


Comparison to “best in class” maturity ratings of the Fortune 500, collected through Machine Based Learning methodologies developed by SCRC. Commodity/Category sourcing profiles within Research and Development (R&D). Develop sourcing strategies for R&D commodity categories (play books). Collaborate with buying staff, evaluate categories, define strategy & verify data sources.

Knowledge May Imply Power, but Action Rules the Day

DELMIA Quintiq

Fully contextualized data results from a single source of truth and information models. Finally, the decision must be made on the cost since we should start measuring the cost of agility in comparison to the outcome of the decisions made. Taking Action.

KPI 156

US rail traffic jumps 25% year-over-year but is flat from prior week

The Supply Chain Journal

rail volumes rose nearly 25% last week, although some commodities may be affected by uneven year-over-year comparisons because the start of the COVID-19 pandemic last year caused widespread shutdowns and affected rail traffic. Source: SONAR) To learn more about FreightWaves SONAR, click here.

Five Steps to Launch a Supplier Scorecard


Phone * Company * Job Title * Zip Code * Source Asset Source Download ID. 2 Identify and get access to the right data sources. If you use data quality tools, monitor the amount of clean-up needed and work hard to improve the quality in source data systems.

KPI 191

Improving Your Supply Chain with Analytics and Collaboration


A leading retailer in the home improvement space was having issues delivering timely reports to its suppliers. They were not capable of providing sell-through reports and this negatively impacted inventory levels and supplier distribution channels.

Digital Transformation of the Supply Chain


Materials and components are sourced from even more remote locations and finished products are being sold into expanding regions and channels. This will lay the foundation for any future performance comparison and provide the starting point to develop benefits for transformation.

Utilizing eBenchmark™ to Drive Supply Chain Cost Optimization


But in today’s climate, with instability and market competitiveness at an all-time high, uncovering and locking in discounts from your sourcing spend is more than a nice-to-have – it’s crucial for long-term survival.

Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

The source data for the analysis comes from Ycharts.). Comparison To The Gartner Top 25. Shown in Figure 3 is the comparison of the two approaches. Comparison of the Supply Chains to Admire and the Gartner Top 25 Methodologies. . Long-term balance sheet improvement requires a focus on a balanced scorecard and the alignment of sell, deliver, make, and source to drive value. I watch the news channels on mute. The reason? I hate political pundit debates.

Getting Real About Supply Chain Transparency

Enterra Insights

”[5] Jerome Brustlein, chief operating officer at Fenton and former Bain & Company analyst, observes, “The rise of conscious consumers has altered how brands compete, and ethical supply chains have become a source of competitive advantage.”[6]

Do shorter supply chains really cost more?

Supply Chain Movement

In a comparison of the total landed costs of goods (components, semi-finished products) from China versus Europe, the difference is often minimal.

Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Price Lookup and Comparison.

Five Reflections From Supply Chain Planning Benchmarking

Supply Chain Shaman

In most ‘benchmarking activities’, self-reported data is the most common source. While every company will agree that this data is VERY important, the lack of standard definition precludes comparison. We then augmented the data to understand planner productivity, complexity, and organizational views of planning excellence (comparison of the views of supply chain planners and supply chain leaders). A lag is the comparison against points in time.

Managing Your BOM: Spreadsheets vs. Product Lifecycle Management

Arena Solutions

Sourcing Bill of Materials in Arena PLM. In Arena, part sourcing information is also linked so teams can quickly assess who the approved manufacturers and suppliers are for each component. Comparison of manual vs. automated BOM management tools. Introduction.

Are you still spending time and money to run a lengthy RFI/RFQ/RFP process for a SaaS platform purchase?


At Solvoyo, we define a T&L as a funded project with a limited-and-meaningful scope that uses actual planning workflows, exchanges data with critical data sources on your own digital platform, all within 3-4 months.

Chassis and labor shortages stymie ocean carriers, Class I railroads

The Supply Chain Journal

Source: SONAR) To learn more about FreightWaves SONAR, click here. Source: SONAR). Domestic intermodal volume (right) is now roughly in line with year-ago levels since comparisons versus a year ago have become more difficult. Source: SONAR).

Supply Chain Planning BPO: What’s Driving It and Should You Get On Board?


By comparison, vendors have been investing in advanced technologies such as artificial intelligence (AI) and advanced analytics to enhance their offerings. The current process needed more transparency, traceability and evaluation, such as identifying sources of forecast adjustments, forecast bias and forecast value add. You know that great feeling you get when you have an expert getting the job done?

Quick Start Guide to Using Machine Learning for Demand Planning


Gathering the necessary data to formulate an accurate comparison between previous results and those provided by machine learning is an excellent way to establish confidence in your results. This walk, then run approach begins with establishing an adaptive, probability-based model for demand forecasting using existing historical data, then layering in more sophisticated machine learning using external data sources.

Q&A on the Supply Chains to Admire

Supply Chain Shaman

Here we share the answers to the questions that we get the most often about this research: What is the source of data? They had to be publicly traded, we had to have a nearly complete data set for the years studied, and they had to have a peer group of at least six companies to be able to draw the comparisons. We placed them in the industry that they were the most like, e.g., the primary source of revenue. Today we published a new report, Supply Chains to Admire.

Q&A on the Supply Chains to Admire

Supply Chain Insights

Here we share the answers to the questions that we get the most often about this research: What is the source of data? They had to be publicly traded, we had to have a nearly complete data set for the years studied, and they had to have a peer group of at least six companies to be able to draw the comparisons. We placed them in the industry that they were the most like, e.g., the primary source of revenue. Today we published a new report, Supply Chains to Admire.

3 Requirements for Meaningful & Useful Data in Transportation & Business


It is important to know who is providing the source data used to develop your KPIs. If you are using components of source data outside of either you or your provider’s control, what are the means of auditing its accuracy? In order to be truly accurate long term, the source data should be available for you or your provider to directly scrutinize. As data in transportation becomes more abundant and readily available, the question of “ What data is available ?”

Forecast Accuracy: Keep Your Demand Management Process Honest


The entire process should be measured to determine which assumptions are more accurate, focusing on the process that led to the final demand plan, and ultimately to the source of the errors. Forecast Comparison. Having a tool to show comparisons quickly is effective for determining where the forecast information should be coming from. by Alexa Cheater Our partner Celestica recently published the following article, ‘ Are you keeping your demand management process honest? ’

What to Look for in Procurement Software Solutions

EC Sourcing Group

Having visibility into your spend greatly improves your ability to run sourcing events and thereby control or lower the budget. This makes an apples-to-apples comparison more simplified and helps save you time and money.

Latest dry van, reefer spot rate surge may be short-lived

The Supply Chain Journal

For comparison to prior years, the current national dry van spot rate is 98% higher when compared to the year-ago level (a weak period for transportation demand before the market tightened later in the year) and is 52% higher than this time in 2019.