GlobalTranz

APRIL 25, 2016

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

GlobalTranz

MARCH 15, 2018

Artificial intelligence (AI) is becoming more mainstream, and machine-aided purchases, such as voice ordering thru voice assistants like Amazon’s Alexa, are beginning to permeate everyday households. Use big data and algorithms to improve operations. Use RFID and (Soon) blockchain to improve visibility, traceability.

Supply Chain Design Software 266

Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software Supply Chain Design 266

Logistics Viewpoints

FEBRUARY 5, 2024

Walmart’s On-Time In-Full initiative is a compliance measure designed to ensure that freight arrives at a Walmart store or distribution center when it was supposed to, in the quantities expected. The fines, Uber Freight reports, vary by the costs of the products being sold to Walmart.

Shipping 307

Shipping Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 307

GlobalTranz

AUGUST 25, 2017

They go over plans and analyze how they will affect inventories and distribution systems. Distribution, customer support and tight work with logistics systems. Reports to upper management. They manage the purchasing of inventory and supplies, as well as other materials. Distribution Manager. Logistics Manager.

Material Savings 102

Material Savings Transportation Inventory Reduction Optimal Sourcing 102

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

Optimal Sourcing 130

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

GlobalTranz

MARCH 7, 2016

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. What Do Supply Chain Analytics Have to Do With This Ability?

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

Logistics Viewpoints

MAY 26, 2022

The percentage of purchases made and fulfilled through digital commerce has exploded in the past two years, advancing a pre-pandemic trend by as much as 10 years according to some industry watchers. The accelerated shift of buying behavior in both B2C and B2B markets also is playing a huge role in redefining our landscape.

Logistics Network Optimization Software 339

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 339

GlobalTranz

MAY 20, 2015

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. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Logistics Viewpoints

NOVEMBER 23, 2020

Ipsen purchased the RapidResponse supply chain planning product from Kinaxis. Further, previously Ipsen had done distribution in-house. Internal distribution was not aligned with the growing volume of shipments they would need to support. They are using a similar continuous improvement, pyramid approach around stockouts.

Customer Service 246

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 246

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. They are also exploring new distribution models, including micro fulfillment centers located closer to the ultimate consumer. While driving a projected $14.1

Logistics Network Optimization Software 260

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 260

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure. Cost Reduction is another major goal.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Talking Logistics

MARCH 9, 2017

A Supply Chain Operating Network facilitates the exchange of documents and information, such as invoices, advanced shipping notices, status updates, and more, while participants execute specific activities such as tracking the location of shipments, confirming receipt of purchase orders, etc.

Supply Chain Network Software 154

Supply Chain Network Software Supply Chain Software Network Optimization Supply Chain Optimization 154

Supply Chain Shaman

JUNE 9, 2016

Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry. As shown in Figure 2, buyers and suppliers push continuous improvement, and Kaizen events, in supplier development programs over B2B programs.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply and Demand Modeling 150

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. I use a method I call managing for daily improvement or MDI. How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Industry Week, March, 2016).

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Precoro

DECEMBER 11, 2023

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Goals beyond the best purchasing price fall into strategic sourcing. Simple sourcing takes less time to execute and requires fewer resources to plan, but can cost more down the road.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

GlobalTranz

SEPTEMBER 26, 2018

Last year, Amazon’s purchase of Whole Foods radically changed how Amazon’s customers viewed the world, and what was once considered unusual has become a standard part of the e-commerce customer’s shopping journey. Measure Performance, and Continuously Improve.

Shipping 184

Shipping Cost Reduction Strategies Expense Reduction Freight 184

GlobalTranz

JUNE 2, 2016

This paradigm shift to an embedded 3PL relationship or supplier model requires significant changes in thinking, behavior, culture, and compensation. The current Logistics or Purchasing Manager wants an answer as to “WIIFM?” Procurement can have a supplier embedded in their location as well. What’s In It For Me?).

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120

Silvon Software

APRIL 18, 2024

Insights gleaned from robust data analytics enable core business areas to identify opportunities for risk reduction, enhance operational efficiencies, and foster strategic initiatives that drive business growth. For example, using forecasting models to predict quarterly sales and adjust marketing spend accordingly.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Oracle SCM

JULY 12, 2017

As if the largest economic crisis since the Great Depression wasn’t enough of a challenge to the supply chain industry, the introduction of the smartphone and advanced analytics into the marketplace disrupted the industry further by providing an exponentially growing consumer base and easy access to goods and information.

Inventory Reduction 163

Inventory Reduction Price Reduction Cost Reduction Strategies Resource Reduction 163

GlobalTranz

MAY 6, 2015

There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success. Fully comply with generally accepted accounting principles (GAAP), external reporting regulations, and internal reporting requirements.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

Logility

OCTOBER 6, 2023

Mansi Arora, Managing Director – Strategy & Consulting, Supply Chain & Operations, Sourcing and Procurement, Accenture, November 29,2022 How does the Logility cloud platform ensure platform stability and scalability? Does the cost include a sandbox for continuous technological innovation and experimentation?

Supply Chain Planning Software 194

Supply Chain Planning Software Supply Chain Network Software Modeling Software Optimization Software 194

GlobalTranz

DECEMBER 7, 2015

Over the past decade, the application of e-commerce in manufacturing and industrial distribution, has evolved from basic communication and transaction channel between buyer and seller, to an end-to-end collaboration medium between all stakeholders. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table.

Manufacturing Procurement 120

Manufacturing Procurement Trends Analytics Software Supply Chain Design Software 120

GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. An effective measurement and reporting process can improve performance and provide warehouse cost savings.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

Unleashed

JUNE 4, 2024

The procurement processes you implement directly impact how efficiently the business operates. Conversely, the consequences can be disastrous if procurement lacks the right structure or planning. What is a procurement process? Strategy is extremely important in the procurement process. Let’s dive right in.

Procurement Solutions 52

Procurement Solutions Manufacturing Procurement Optimal Sourcing Procurement Analytics 52

ShipBob

APRIL 9, 2025

Custom packaging, branded inserts, and personalized gift notes can go a long way in delighting customers and encouraging repeat purchases. In the US, brands can utilize ShipBob’s Inventory Placement Program ( IPP ) to automatically distribute, balance, and replenish inventory across the country.

Warehousing 52

Warehousing Supply Chain Design Software Optimization Software Supply Chain Planning Software 52

o9 Solutions

JUNE 9, 2025

For instance, Gartner predicts that by 2026, more than 80% of enterprises will have tested or implemented GenAI tools, a considerable leap from under 5% in 2023. At the same time, McKinsey reports that nearly 70% of executives expect AI to materially reshape their operating models within three years.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 52

GlobalTranz

JULY 7, 2017

When the main problem reveals itself in the catastrophic shortage of qualified personnel, a fast and unproblematic way up is the efficient logistics that would improve the planning, delivering, loading, storing, packaging etc. Process of learning and continuous improvement in planning and delivering high standards.

Optimal Sourcing 96

Optimal Sourcing Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 96

GlobalTranz

AUGUST 9, 2016

Metrics and Key Performance Indicators (KPIs) measure how well the shipper-transportation provider does in daily continuous improvement. Create daily route designs, complete real time track and trace, generate real-time metrics , and complete daily problem solving. Problem-solving methods. Use: PDCA: Plan, Do, Check.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Lean Cost Reduction Strategies 120

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 98

GlobalTranz

MARCH 28, 2016

Google’s 2014 purchase of the British firm Deep Mind for something more than $ 400 million produced a bonanza of publicity earlier this year, when its game playing program whipped a human master of the ancient strategy game Go. We have adjusted to their presence very quickly, haven’t we? Will they make all of us obsolete someday?

Logistics Network Optimization Software 120

Logistics Network Optimization Software Optimization Software Inventory Management Software Modeling Software 120

Logistics Bureau

OCTOBER 26, 2020

While your company undoubtedly has sustainability on its supply chain agenda, creating momentum can be tricky in what is after all, a fairly new way to approach performance improvement. Meanwhile, Big Data analytics, AI, and machine learning can have a significant impact on supply chains. How to Develop a Sustainable Supply Chain.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 98

Material Handling & Logistics

SEPTEMBER 27, 2018

The shorter the distance from where inventory resides to the end customer, the faster the delivery and the lower the cost. The ability to integrate purchase orders automatically from an ERP system directly into the TMS cuts out paperwork and admin hours. Integrate internal systems like ERP with transportation management platforms.

Analytics Software 106

Analytics Software Forecasting Software Demand Planning Software Optimization Software 106

GlobalTranz

MAY 13, 2015

Not only has Walmart excelled over the decades in traditional supply chain management but with recent news as of late, Walmart is also focused on continuous improvement by investing more into emerging technologies to capture more of the e-commerce market as well as a focus on sustainability. ” Walmart states early on.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. MRO inventory can account for a sizeable portion of a business’ total procurement spend.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Talking Logistics

SEPTEMBER 13, 2016

To build more powerful relationships, extending across a critical mass of trading partners, companies need to utilize a robust platform like a supply chain operating network, which leads to increased visibility for continuous improvements in company performance, agility, and differentiation.

Real-time Visibility 100

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Software 100

GlobalTranz

OCTOBER 29, 2015

KPIs or Key Performance Indicators are a core practice of measuring the effectiveness and for continuous improvement in any business outsourcing model. By taking this step, Whirlpool hoped to further reduce supply chain costs. KPIs for Cost Reduction and Continuous Improvement was created.

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

Talking Logistics

JUNE 22, 2015

Environmental Protection Agency (EPA) and the Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) jointly proposed standards for medium- and heavy-duty vehicles that would improve fuel efficiency and cut carbon emissions. billion barrels over the lifetime of the vehicles sold under the program.

Vendor Strategies 100

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 100