OptiProERP

APRIL 9, 2024

Collaboration between production, procurement, and logistics teams is essential to optimize resource utilization and minimize lead times. Continuous improvement initiatives help enhance product quality and customer satisfaction. Production Planning Upon receiving an order, production planning kicks in.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

GlobalTranz

SEPTEMBER 23, 2021

Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation. Focusing on the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

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 56

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 56

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). . We are discussing them.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

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. Effective KPI Management Goals.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Unleashed

AUGUST 20, 2023

Lead time is a vital business metric that directly impacts customer satisfaction, workflow efficiency, and delivery time accuracy. It’s a valuable metric for identifying bottlenecks, improving efficiency, and optimising specific operational steps. Here are a few of the most useful ones.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

SCMDOJO

APRIL 11, 2023

If you’re a supply chain management professional, you’re probably aware of how important it is to continuously improve your skills and knowledge in this field. It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. Fresh, easy to digest format.

Supply Chain Design Software 115

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 115

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. Alternatively, you can procure access to a digital freight benchmarking platform.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

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

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. Continuous Improvement from the Bottom Up. Keith Richard is Vice President, Operations, Transportation Management, at Transplace.

Six Sigma 100

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

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

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 83

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 83

American Global Logistics

SEPTEMBER 12, 2023

It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. Green logistics and transportation practices promote energy-efficient transportation modes and route optimization. This innovation significantly increased efficiency.

Sourcing Strategies 52

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

SCMDOJO

JUNE 6, 2023

When businesses align production and procurement schedules with demand, they optimize their supply chain processes. Continuous Improvement & Risk Management Analytics helps make continuous improvement easier by providing businesses with data-driven insights. They can avoid bottlenecks and inventory shortages.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Talking Logistics

JUNE 2, 2016

This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself. This begets the need to set the overall strategy for the divestment by way of an exercise, called “capability scoping.”

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. Delivery Lead Time: In the downstream supply chain, delivery lead time represents the time from order receipt to product delivery, including activities such as packing and transportation.

Inventory Reduction 80

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 80

GlobalTranz

DECEMBER 29, 2014

Some logistics involves transportation or warehouses or both. We had a great turnout with over 250 logistics managers, supply chain officers, and those in the transportation world registering and attending the webinar. Use them to continuously improve your organization. Download the Webinar Replay. Read the Full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

NC State SCRC

MARCH 25, 2021

This monster ship, which is as long as the Empire State Building and weighs about 200,000 metric tons, became stuck due to high winds, and no one seems to be able to get it out. Because procurement executives were so focused on cost, they did not worry about shipment velocity. It may take weeks, by some estimates.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

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 161

Supply Chain Design Software Supply Chain Planning Software Network Design Software Modeling 161

FourKites

JANUARY 7, 2021

Learn more about building agility with real-time transportation visibility. In essence, where the agile supply chain is nimble and able to easily handle any surprises that occur, the lean supply chain focuses on continuous improvement and operating with minimal dependencies and safety measures.

Agile and Lean Supply Chain 52

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

GlobalTranz

NOVEMBER 17, 2016

Transportation modes used in procurement and shipping. As explained in a previous blog post, continuous improvement in an organization can be achieved through the use of performance measurement tools via big data. But the possibilities for continuously improving. Continuous Improvement is a complex notion.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

ShipBob

OCTOBER 1, 2021

To make their supply chains more lean, retailers can explore different supply chain optimization techniques throughout procurement, production, and distribution, or outsource supply chain management to a 3PL. As long as you are tracking the right metrics, data reveals where you can eliminate waste within your supply chain.

Agile and Lean Supply Chain 52

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

Logistics Bureau

DECEMBER 20, 2016

In this case your supply chain service policy will need to support that promise , perhaps by specifying automatic use of expedited last-mile transportation as a response to upstream supply delays. Costs associated with transportation. Procurement costs. Avoid the need for excessive internal transportation.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

Logistics Bureau

JANUARY 19, 2016

How to fix the problem: Some measures that your company can take to prevent supply chain cost blowouts as a result of inefficiency include: Implement a continuous improvement program, such as lean or Six Sigma. Improve integration of IT applications to improve visibility. Inefficient use of transportation modes.

Supply Chain Planning Software 40

Supply Chain Planning Software Cost Reduction Strategies Negotiating Skills Agile and Lean Supply Chain 40

GlobalTranz

OCTOBER 19, 2015

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy.

Transportation Management 120

Transportation Management Resource Reduction Cost Reduction Strategies Optimal Sourcing 120

Procurement Academy

FEBRUARY 6, 2024

Sustainable Procurement Practices A sustainable procurement practice is one that appropriately integrates environmental, social, and governance factors into the core of the process. There isn’t a one-size-fits-all approach, with each organization needing to analyze its procurement practices to see where the most impact can be made.

Waste Reduction 59

Waste Reduction Sourcing Strategies Supply Chain Strategy Optimal Sourcing 59

The Logistics of Logistics

JUNE 7, 2019

Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. The most important measure is the Paydex metric. Transportation Management System (TMS). A process orientation will enable cross training and continuous improvement. Metrics / Key Performance Indicators (KPI).

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

SCMDOJO

JANUARY 23, 2023

List of Top 10 Supply Chain Analytics Books 1) Supply Chain Metrics that Matter (Wiley Corporate F&A) 1st Edition This book offers an in-depth guide to understanding the link between corporate financials and supply chain maturity, evaluating the progress of over a hundred companies from 2006-2013.

Prescriptive Analytics Software 124

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 124

GlobalTranz

AUGUST 9, 2016

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. Transportation takes time.

Waste Reduction 120

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

NC State SCRC

APRIL 27, 2016

Will digitization change the way we measure things and monitor metrics? A problem in procurement can impact manufacturing and logistics and planning, but often these dots are never connected, so there never emerges a cross-functional approach to working on them.

Sourcing Strategies 40

Sourcing Strategies Material Savings Cost Reduction Strategies Real-time Visibility 40

The Network Effect

OCTOBER 3, 2014

Today, in order to accomplish these goals, continuous improvement in global supply chain execution has become a core supply capability required by most automotive OEM’s. Ship according to a latest set of transportation routing instructions. This transaction is represented by the “procure to pay” cycle.

Supply Chain Network Software 198

Supply Chain Network Software Automotive Modeling Software Supply and Demand 198

The Logistics of Logistics

JUNE 20, 2014

Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. The most important measure is the Paydex metric. 4, Transportation Management System (TMS). A process orientation will enable cross training and continuous improvement. Metrics / Key Performance Indicators (KPI).

3PL 113

3PL Negotiating Skills Optimal Sourcing Purchasing Training 113

The Logistics of Logistics

JUNE 20, 2014

Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. The most important measure is the Paydex metric. 4, Transportation Management System (TMS). A process orientation will enable cross training and continuous improvement. Metrics / Key Performance Indicators (KPI).

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

GlobalTranz

JUNE 2, 2016

Procurement can have a supplier embedded in their location as well. It would mean joint problem solving/joint idea sessions/brainstorming continuous improvement and co-creation. appeared first on Transportation Management Company | Cerasis. Like we like to say, if all parties don't win, why is their a relationship?

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120

Supply Chain Shaman

AUGUST 21, 2016

For most companies, greater economy of scale is possible through the global management of procurement and transportation and local management of sales, manufacturing and customer service. I shared the recent research on how an effective S&OP process improves Market Price to Tangible Book Value. We hope to see you there!

S&OP 150

S&OP Supply and Demand Supply Chain Planning Software Price Reduction 150

Logistics Bureau

SEPTEMBER 25, 2016

It will also show you the metrics at which those companies excel along with their actual results, giving you the ability to set a new, higher target. By doing so, you will be able to identify metrics highlighting where and how the best supply chains excel, and use those same metrics to measure your own supply chain improvement.

Benchmarking 40

Benchmarking Supply Chain Planning Agile and Lean Supply Chain Supply Chain Strategy 40