Logistics Viewpoints

JUNE 26, 2023

Mars is one of the largest fast moving consumer goods companies in the world. In terms of finding a 4PL solution provider, Mars wanted a company that could engage in truck loading and route optimization, and schedule shipments into and out of their warehouses. This private, family-owned business is headquartered in the US.

Supply Chain Planning Software 206

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 206

Unleashed

FEBRUARY 1, 2023

In a fast-moving industry such as consumer goods, a shorter timeframe may be preferred. Macro influences such as inflation, mortgage interest rates, and political environments should also be considered as they affect consumer behaviour. Actual sales vs forecasts This metric is also known as ‘forecast error’.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Enterra Insights

SEPTEMBER 28, 2020

Unfortunately, these sources are limited in providing any meaningful insight into the $760-billion consumer packaged goods market. Most brands lose sight of their products the minute they are shipped out of their warehouses — and don’t know whether or not consumers use their products correctly.”[3]

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Zipline Logistics

OCTOBER 13, 2020

You also lose vital logistics metrics that are important in finding supply chain efficiencies and consolidation opportunities. . Additionally, staging orders that are not picked up and then continue to occupy warehousing space can damage your relationships with providers or cost you in unnecessary labor. .

Vendor Strategies 52

Vendor Strategies Price Reduction Shipping Expense Reduction 52

Zipline Logistics

JANUARY 10, 2023

Andrew Lynch is President and Co-Founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. Forward-thinking brands are tracking crucial metrics to illuminate their supply chains and find control. About Andrew Lynch. Perform a network analysis.

Supply Chain Software 52

Supply Chain Software Security Supply Chain Strategy Logistics Network Optimization Software 52

Oracle SCM

AUGUST 1, 2018

Often this data is rolled up organizationally, geographically or in distribution through performance metrics or key performance indicators (targets change with these roll ups). Optimal inventory management using data from point of sale systems, in store inventory updates, in transit inventory and VMI on hand at supplier warehouses.

Supply Chain Planning Software 104

Supply Chain Planning Software Inventory Management Software Gartner Demand Planning Software 104

Alloy

AUGUST 20, 2019

monitoring what happens to product after it leaves your warehouse is integral to maintaining an efficient supply chain and maximizing sales opportunities. But out of that weekly or daily data deluge, what are the crucial metrics? Fortunately, most retailers provide data to help suppliers understand how they’re performing.

Negotiate Pricing 40

Negotiate Pricing Negotiating Skills Alloy Price Reduction 40

Kinaxis

MAY 18, 2016

You might think, “okay, our warehouse is good” without thinking about the end to end. Procurement might have hit their cost savings metrics, but if it meant purchasing more than needed, and that might hurt your warehouse inventories. All three of those things are interesting and exciting to me. The diversity is exciting.

Supply Chain Software 100

Supply Chain Software Gartner Supply Chain Planning Software Agile and Lean Supply Chain 100

Unleashed

MARCH 9, 2021

For example, industries like transportation and logistics, technology or consumer goods will focus more on supplier collaboration. That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play. Procurement metrics and KPIs allow organisations to measure results and guide best practice performance.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

BlueYonder

MARCH 7, 2017

The associated, implicit (and sometimes explicit) message is that you can manage your supply chain simply by looking at a couple of key metrics on a dashboard or spreadsheet. a local warehouse) carries the risk of needing to re-deploy that inventory if the demand does not materialize; holding back inventory at an upstream node (e.g.,

Optimization Software 53

Optimization Software Supply Chain Planning Software Supply Chain Optimization Price Mitigation Strategies 53

Supply Chain Game Changer

NOVEMBER 11, 2018

And the operation had been run without true Warehouse Management experience as well. The other person seemed overwhelmed and lost while looking at the mess in the warehouse. I was going to move to the States when the leadership team asked me to run the Canadian warehouse. The system cutover was a disaster.

SCM 43

SCM Supply Chain Planning Software Buyer Training Supply Chain Software 43

Alloy

JUNE 9, 2022

This process saves on domestic warehousing and reduces costs to vendors, which reduces costs to retailers. Products are stored in a domestic warehouse before being shipped on to the retailer’s DC. Other metrics and scorecards which help brands run successful businesses are also hard to calculate. The Challenges of Direct Import.

Consumer Goods 52

Consumer Goods Supply Chain Planning Software Forecasting Software Alloy 52

Alloy

SEPTEMBER 3, 2019

Furthermore, it’s needed to calculate a number of key metrics that are leading performance indicators and watched closely by brands and retailers: Inventory turnover. Having complete visibility into what happens to product after it’s shipped from your warehouse is vital for both supply chain and sales teams.

Forecasting 40

Forecasting Forecasting Software Alloy Retail 40

Logistics Viewpoints

OCTOBER 4, 2021

And how can consumer goods companies learn from their performance in this pandemic to prepare for the future? They provide these solutions to some of the largest consumer goods and food & beverage companies in the world. For multinational consumer goods and food & beverage companies, service is typically 99%.

Inventory Reduction 221

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 221

E2open

MARCH 1, 2018

Traditionally, data from Walmart and other retailers has been used by account teams to confirm the achievement of metrics and service-level agreements (SLAs), cross-check penalties computed by retailers and identify root causes of shortfalls such as inadequate supply, insufficient forecasts, or warehouse or transportation delays.

Supply and Demand 60

Supply and Demand Forecasting Modeling Supply Chain Planning Software 60

E2open

MARCH 1, 2018

Traditionally, data from Walmart and other retailers has been used by account teams to confirm the achievement of metrics and service-level agreements (SLAs), cross-check penalties computed by retailers and identify root causes of shortfalls such as inadequate supply, insufficient forecasts, or warehouse or transportation delays.

Supply and Demand 60

Supply and Demand Forecasting Modeling Supply Chain Planning Software 60

E2open

JANUARY 20, 2017

But also other key metrics such as inventory levels or inter-warehouse movements have improved, as better business decisions lead to better stock utilization. Consumer Electronics. Consumer Goods. Internally, the company is now a much more aligned organization, with less mistrust and ineffective second-guessing.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 60

Logistics Bureau

NOVEMBER 27, 2016

Is sustainability a viable growth strategy for fast-moving-consumer-goods brands? The measurements however, are just a means to an end , with the KPI-driven conversations being considered more important than the actual metrics. Boxes Within Boxes. The Incredible Value of Crumbs.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

Supply Chain Shaman

AUGUST 26, 2015

To accomplish this, it is critical to develop collaborative workflows is essential, and the use of channel data helps to see the flows from the channel partners warehouse to the point of purchase. Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

RFgen

MAY 8, 2016

Some companies may go the extra mile by shipping the medical products in containers with their own sensors that collect real-time data on temperature or other safety metrics. These solutions can prove effective for big-ticket items, but what about simpler goods? Biotech-derived large molecules require expensive equipment to maintain.

Inventory 52

Inventory Pharmaceutical Supply Chain Planning Software South America 52

RFgen

MAY 8, 2016

Some companies may go the extra mile by shipping the medical products in containers with their own sensors that collect real-time data on temperature or other safety metrics. These solutions can prove effective for big-ticket items, but what about simpler goods? Biotech-derived large molecules require expensive equipment to maintain.

Inventory 52

Inventory Pharmaceutical Supply Chain Planning Software South America 52

BlueYonder

APRIL 5, 2017

At its core, demand planning is the function of producing the demand plan, e.g. the operational sales forecast that drives manufacturing and/or the replenishment of product into a store or warehouse. This can be overcome, however, with proper focus and metrics. And producing the demand plan is a combination of science and art.

Supply and Demand 57

Supply and Demand Demand Planning Groups Supply Chain Planning Software 57

E2open

NOVEMBER 30, 2017

Of course, demand sensing can also use customer data, such as point of sale, store inventory or warehouse withdrawals. Consumer Electronics. Consumer Goods. More than three-quarters of demand sensing implementations use just use these three internal signals and on average they achieve a 40% reduction in forecast error.

Supply and Demand 60

Supply and Demand Demand Planning Software Modeling Forecasting 60

ShipBob

APRIL 13, 2021

However, there is a wide range of metrics that you should be tracking to help your online store grow. Why ecommerce performance metrics are important. This is a good KPI because it: Has a quantifiable target of 1,000 new customers and. Why are ecommerce performance metrics important to your online store? Sales KPIs.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

BlueYonder

APRIL 5, 2017

At its core, demand planning is the function of producing the demand plan, e.g. the operational sales forecast that drives manufacturing and/or the replenishment of product into a store or warehouse. This can be overcome, however, with proper focus and metrics. And producing the demand plan is a combination of science and art.

Supply and Demand 40

Supply and Demand Demand Planning Groups Supply Chain Planning Software 40

Supply Chain Shaman

AUGUST 21, 2015

Operational systems are warehouse management, available to promise, and transportation planning.) Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. Myth #8: Tight integration with Enterprise Resource Planning (ERP) improves the S&OP process.

S&OP 150

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Design Software 150

Alloy

OCTOBER 3, 2023

And the range of new metrics — such as category level insights in Shopper Behavior — give you considerable visibility into your brand’s performance against competitors. With these pre-built integrations and hundreds of consumer-goods specific dashboards and metrics, you’ll be up and running with Walmart Luminate in days instead of months.

Procurement Analytics 52

Procurement Analytics Analytics Software Forecasting Software Predictive Analytics Software 52

Consumer Goods Logistics

MARCH 10, 2022

We’re in an execution business; metrics speak to the quality of that execution. Logistics KPIs are the cockpit dashboard of our logistics operations. They tell us how we’re doing against plan and flag when things are off and need attention.

Supply and Demand 64

Supply and Demand Logistics Metrics Quality 64

Supply Chain Shaman

NOVEMBER 29, 2015

This is a key differentiator and vastly different to the principles we know today of relational software in rows and tables and traditional data warehouse approaches using ETL where processing data requires movement. Instead, the program processes the data where it resides.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

Silvon Software

APRIL 29, 2022

Key performance indicators (KPIs) in inventory management are metrics that help you monitor and make decisions about your stock. The Stratum data hub collects, organizes and stores data from multiple sources and serves as a single version of the truth for helping our clients analyze performance KPIs and metrics across their businesses.

Optimal Sourcing 106

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 106

DELMIA Quintiq

APRIL 15, 2020

It is essential to use a planning system that can integrate with other systems such as enterprise resource planning (ERP), warehouse management systems (WMS) and e-commerce platforms. Select a planning solution that can incorporate intelligent metrics and optimization technology.

Supply Chain Planning Software 271

Supply Chain Planning Software Optimal Sourcing Optimization Software Supply Chain Planning 271

ShipBob

FEBRUARY 26, 2024

It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. Centralize your warehouse management Maybe you have your own warehouse and want to keep fulfillment in-house. ShipBob’s powerful WMS lets you centralize the way you manage your warehouse.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Alloy

APRIL 29, 2021

Our research with supply chain professionals at consumer goods companies found that 55% consider On Time and In Full (OTIF) orders, or so called “perfect orders,” one of their top three KPIs. That’s the highest percentage out of all metrics we asked about, including On Shelf Availability (37%) and forecast accuracy (34%).

Alloy 52

Alloy Forecasting Metrics Just-in-Time 52

Alloy

FEBRUARY 3, 2021

When orders exceed inventory available in your warehouses, you’re faced with tricky allocation decisions to maximize sales and keep customers happy. This simulated metric projects what demand, and thus sales, would be if you were in-stock during a given period. Prioritize orders that will mitigate the most lost sales.

Buyer Training 90

Buyer Training Negotiating Skills Data Forecasting 90

Vinculum

MARCH 31, 2021

Customer-centric, personalized, search-powered, and social-powered are the metrics-driven omnichannel product experiences of today. Consumers may know or suspect their devices, buy or consume goods in a certain way, have specific preferences, knowledge of the market, demographics, and geolocations.

Omnichannel 52

Omnichannel Retail Inventory Reduction Manufacturing Procurement 52

Alloy

FEBRUARY 11, 2021

The 80/20 effect is particularly salient in consumer goods. Depending on your industry, yearly revenue can be determined by weather or holiday-driven selling seasons, a few key promotions, big product launches or unexpected consumer trends. . Use proxy metrics to pinpoint likely execution issues at the shelf .

Forecasting 52

Forecasting Alloy Negotiating Skills Buyer Training 52

Supply Chain Shaman

JANUARY 2, 2023

To best use channel and VMI data, a consumer goods manufacturer needs a “ship to” model and a level of demand translation for supply. Demand latency is the time from shelf purchase to translate the sale through backroom replenishment to warehouse replenishment to a retail order to a manufacturer.)

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358