Intelligent Audit

MAY 6, 2021

Transportation network optim ization is a leading goal for supply chains around the globe. The finance department needs to know what’s happening within transportation and how that impacts costs and capacity to improve transportation spend management performance. Track the Right Performance Metrics. Industry 4.0

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

Unleashed

MAY 9, 2024

Measuring efficiency helps you understand how productively your factory or production line operates and identify any opportunities for process improvement. Let’s look at a quick example. Efficiency focuses on improving metrics like machine uptime, cycle time , defect rates, and utilisation of labour and equipment.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Resource Reduction Inventory Reduction 52

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. We deal with our suppliers of transportation on a daily basis: our select carrier partners. They can talk to your Quality team.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

The Logistics of Logistics

FEBRUARY 15, 2013

A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. Habit 6 – Continuous Improvement.

KPI 189

KPI Logistics Network Optimization Software 3PL Continuous Improvement 189

GlobalTranz

MAY 20, 2015

We have talked a great deal about the evaulation of suppliers on our blog and this post continues that great tradition. 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. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Talking Logistics

MAY 22, 2013

Managing transportation — the ebb and flow of rates, capacity, fuel and regulations — is an ongoing challenge for many companies, especially those still using spreadsheets and fax machines to plan and execute shipments. How will you establish and manage electronic communication with carriers and other trading partners?

Network Design Software 170

Network Design Software Supply Chain Design Software Supply Chain Network Software Supply Chain Planning Software 170

Adexa

JULY 17, 2023

As an example, what follows was created by generative AI. Improved visibility and transparency: Digital transformation enables real-time visibility across the entire supply chain network. It allows organizations to track and monitor inventory levels, production status, transportation, and other crucial supply chain activities.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98

The Logistics of Logistics

OCTOBER 8, 2012

The relationship will not work without trust and Continuous Improvements through constant communication in your relationship. As a contract customer, upfront costs will be a subject of discussion and negotiation. Yes, I stress partnership and collaboration.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

GlobalTranz

OCTOBER 21, 2015

The next step in procurement is then managing vendors and keeping service providers accountable for continued improvement. For example: Inventory Record Accuracy has to be 98-100% accurate daily. All KPIS have metrics to measure. One of the goals of the SLA/KPI should be Continuous Improvement or Kaizen (LEAN initiative).

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Talking Logistics

NOVEMBER 17, 2015

Do you have the right metrics? Metrics show how your supply chain is performing – providing they are the right ones to do the job. Inappropriate metrics can give a false or incomplete picture of supply chain performance. Second, what metrics are the best indicators of performance in terms of these goals?

Supply Chain Software 100

Supply Chain Software Supply Chain Optimization Supply Chain Strategy Supply Chain Network Software 100

GlobalTranz

JANUARY 4, 2017

When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider. 3PL Answer 1.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

GlobalTranz

SEPTEMBER 28, 2016

2) Implement Continuous Improvement Projects ( Lean, Process Capability, Six Sigma ) with Key Strategic Suppliers to Drive Cost-Out and Supply Base Capability. . 4) Improve Materials Management Competency in Supply Base. .

Supply Chain Planning Software 120

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

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. What is Freight Benchmarking? There’s no dark art to freight benchmarking.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

American Global Logistics

SEPTEMBER 12, 2023

Green logistics and transportation practices promote energy-efficient transportation modes and route optimization. Strong leadership and organizational support: Leaders must champion innovation and create a culture that encourages experimentation and continuous improvement. Here are some notable examples: Apple Inc.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

crisp

SEPTEMBER 6, 2023

Environmental Protection Agency (EPA) mandated annual greenhouse gas emissions (GHG) reporting for organizations emitting over 25,000 metric tons of GHGs per year, and those in specific industries like vehicle manufacturing and industrial gas. Example: A tea company uses tea leaves as an ingredient in their product. In 2010, the U.S.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Waste Reduction Supply Chain Design Software 52

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

Talking Logistics

FEBRUARY 4, 2016

Let’s say, for example, that a manager oversees several different business units running independently from one another. For companies focused on continuous improvement, MDI is the springboard to answering how processes can be improved, and LSS provides the tools to implement these improvements.

Six Sigma 100

Six Sigma Optimal Sourcing Agile and Lean Supply Chain Logistics Network Optimization Software 100

Talking Logistics

DECEMBER 5, 2017

For years, supply chain leaders have struggled to achieve a sophisticated level of supply chain visibility that would drive continuous improvement, optimize spend and reduce risk. How well is my transportation routing guide performance? The Fundamentals of Managed Analytics. The Benefits of Managed Analytics. Cost Savings.

Prescriptive Analytics Software 105

Prescriptive Analytics Software Analytics Software Supply Chain Design Software Predictive Analytics 105

Unleashed

MAY 7, 2024

For example, the pursuit of lean efficiency is positive for the environment when it leads to reduced material use and energy consumption, but might also result in a reduced workforce, which can have negative social and economic implications. However, aligning the two is not without its challenges.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. The questions that are most often asked are: What metrics should I use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Unleashed

AUGUST 20, 2023

In manufacturing, for example, lead time refers to the amount of time it takes for a product to move through the entire production process , from when the initial order or request was made to the final delivery. Lead time is a vital business metric that directly impacts customer satisfaction, workflow efficiency, and delivery time accuracy.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

SCMDOJO

MARCH 8, 2024

Strategies for lead time reduction may include optimizing transportation routes, improving communication with suppliers, and investing in technologies that expedite order processing. This iterative approach allows businesses to continuously improve their inventory management processes, leading to measurable success over time.

Inventory Reduction 80

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 80

TrackVia

MARCH 25, 2024

By providing real-time data and insights, mobile workflows enable manufacturers to make informed decisions, reduce waste, and improve overall efficiency. In the logistics sector, mobile solutions streamline the entire supply chain, from warehouse management to transportation and delivery.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Design Software Cost Reduction Strategies Waste Reduction 105

Logistics Viewpoints

DECEMBER 6, 2020

Many companies have a metric that measures plan accuracy and these companies work, for example, to move plan accuracy from 75% to 78%. For example, as new products are introduced, the routings and set up times need to be put in the model. Sicard argues that “techniques matter more than technology.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

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. 6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. The Use of Data to Create a Successful Transportation Management Program.

Transportation Management 120

Transportation Management Transportation Sourcing Strategies Data 120

GlobalTranz

MARCH 7, 2016

As the supply chain grows increasingly focused on meeting the demands of an increasingly data-driven and customizable world for consumers and business to business partners, the need for continual improvement and better visibility will continue to drive analysis of available supply chain analytics.

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

Talking Logistics

MARCH 28, 2017

For example, companies can now do in days what used to take weeks of programming and customization. . We’re already seeing practical examples of this in supply chain operations, with parcel sorting, product packaging, automated guided vehicles, and robotic lift trucks.

Supply Chain Software 0

Supply Chain Software Logistics Network Optimization Software Demand Planning Software Procurement Solutions 0

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Unleashed

JANUARY 14, 2024

For example, a pull strategy may require more inventory to meet unpredictable demand, while a push strategy may require less inventory to avoid overstocking. Ordering larger quantities also helps you to achieve economies of scale and reduces freight and transport expenses, but too much raw material inventory means an increased risk of waste.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

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. Then determine is the project targeted to improve visibility, control and improve an outcome or drive continuous improvement.

Supply Chain Planning Software 170

Supply Chain Planning Software Modeling Software Analytics Software Demand Planning Software 170

Intelligent Audit

OCTOBER 27, 2022

In 2008, Dr. Raymond Panko published a paper detailing examples of human error in data entry. To go back to the social media example, this might look like the number of daily Facebook posts or Twitter mentions. To harness the power of big data analytics in transportation , companies also must integrate it with current systems.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Logility

APRIL 8, 2014

Bryan Ball highlighted the top disruptive supply chain trends including the increasing speed of business, talent and training, and measurement and metric alignment. A few notable examples: American Hotel Register revealed an aggressive attitude toward continuous improvement of its demand and supply planning system.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning Supply Chain Strategy 100

Talking Logistics

APRIL 27, 2016

As digitization continues to modify the global supply chain landscape, its unprecedented data sources and solutions will lead to not only the demise of disparate information systems, but to the rise of true, end-to-end, supply chain visibility. Improve lead times and performance. Augment and Set Visibility Tools In Place.

Optimal Sourcing 100

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 100

FourKites

JANUARY 7, 2021

Learn more about building agility with real-time transportation visibility. The COVID pandemic may have been an extreme example of what can go wrong, but it also underscored the importance of planning and decision-making in the event of sudden disruptions that upend the normal working of the complicated modern supply chain apparatus.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Modeling 52

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. percent improvement. The redesign has saved the company €1.2

Vendor Strategies 100

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 100

Supply Chain Shaman

JUNE 21, 2016

This lack of alignment is an impediment to improving balance sheet results. I did not understand warehousing and transportation until reassignment to a logistics role in 1985. The metrics reward functional thinking. Insights on leadership, continuous improvement and talent development for emerging markets.

Supply Chain Design Software 172

Supply Chain Design Software Supply Chain Planning Software Network Design Software Modeling 172

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. Then determine is the project targeted to improve visibility, control and improve an outcome or drive continuous improvement.

Supply Chain Planning Software 158

Supply Chain Planning Software Modeling Software Modeling Analytics Software 158