SCMDOJO

MARCH 19, 2024

This includes providing excellent customer service, so businesses can enhance customer satisfaction and loyalty. Analyze performance metrics and implement improvements to enhance efficiency. To run the department, a supply chain manager needs certain supply chain metrics and KPIs to improve performance. Enroll Now!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. Which metrics do you think matter to supply chain excellence? I am behind.

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

SCMDOJO

FEBRUARY 20, 2023

This involves understanding customer buying behaviour trends, seasonal variations, production schedules, and more. These should be tailored to the business’s specific needs but often include metrics such as on-time delivery, order accuracy, cost of delivery, customer satisfaction levels, and operational efficiency.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

Supply Chain Shaman

MAY 21, 2013

Over the course of the last week, I have been working on healthcare research. In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider. They are primarily focused on cost management on new purchase decisions. It is now shifting again.

Modeling 236

Modeling Modeling Software Pharmaceutical Procurement Analytics 236

Talking Logistics

OCTOBER 5, 2016

As McCarthy put it, after a customer buys a bed, it’s his responsibility “to make sure we deliver it to their home brilliantly.” Of course, e-commerce is creating new home delivery challenges and opportunities, which McCarthy discusses in the clip below. One key trend he pointed to is the growth in mobile transactions.

Eliminating Excel in Purchasing 0

Eliminating Excel in Purchasing Supply Chain Network Software Supply Chain Planning Software Optimization Software 0

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. The purchase of Market6 was an effort by 84.51° to fill this gap, and in some ways it did. The 84.51° helps brands better understand their customer.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. This is achieved by helping business owners determine the right time to restock their items or purchase materials for production.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Of course, that has all changed as this once fringe topic is now firmly centre stage in line with rapidly increasing concerns over climate change and even the viability of our warming planet. Leadership Excellence for the Digital Age – LogiSYM January/February 2018. MORE FROM THIS EDITION.

Supply Chain Software 231

Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software Demand Planning Software 231

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. The Preamble. The River of Demand. #3

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Logility

FEBRUARY 3, 2022

You need to ensure that you’re taking measures to keep the soil fertile so you can continue to achieve excellence for years to come. Of course, this creates additional costs, but it also creates a long-term competitive advantage. They research the products they buy, where they come from, and how they’re made.

Sustainability 130

Sustainability Vendor Strategies Expense Reduction Cost Reduction Strategies 130

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. I find three: organizational design, executive understanding of supply chain, and the lack of a clear definition of an optimization function for supply chain excellence. Clarity of Supply Chain Excellence.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

Precoro

MAY 27, 2021

It can either make you a company's superhero or add extra headaches and purchasing risks because poor supplier management leads to the following problems: Missed saving opportunities and not enough leverage in negotiating with new suppliers. Coursera: Supplier management course from Rutger University. Source: Supply Chain Quarterly 8.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Supply Chain Shaman

JANUARY 14, 2013

It was a story where people believed that functional excellence leads to supply chain superiority. Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. Metrics comparison of Kellogg Co. You got it! vs. General Mills, Inc. A Case Study.

Supply Chain Planning Software 259

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 259

Supply Chain Shaman

JULY 5, 2016

Over the course of trip to Atlanta to connect to Peru, we began a discussion. 19 average) and 3 times better ROIC for the period (33% versus P&G’s 11%), note that none of these three household products companies made progress on supply chain excellence in the period of 2013-2015. He introduced himself as Steve.

Supply Chain Planning Software 150

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GlobalTranz

APRIL 16, 2018

There is no doubt, that the retail landscape is increasingly looking like an online one as traditional brick-and-mortar retailers, such as Toys R Us, Foot Locker, and Best Buy mobile shutter hundreds of stores unable to keep up with the changing customer that wants fast, free delivery all with just a click of a button. trillion, a 3.8

Prescriptive Analytics Software 161

Prescriptive Analytics Software Supply Chain Planning Software Retail Analytics Software 161

Supply Chain Shaman

OCTOBER 29, 2014

By purchasing planning and transactional systems for a common vendor, they had one throat to choke and they were familiar with the architectural elements. Of course not… But, the industry is in a group think. In addition, I am now done with the page proofs for my new book, Metrics that Matter. This is how we see our role.

Supply Chain Planning Software 309

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 309

Unleashed

OCTOBER 6, 2021

Set reorder points for your most frequently purchased items As your business grows, it can be difficult to keep track of the right time and stock level at which to reorder more products. Setting reorder points for the most frequently purchased items can help significantly improve inventory efficiencies and save costs.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Shaman

SEPTEMBER 20, 2015

How do they buy from you? How do they buy from you?” The journey began with a one size fits all approach in 2008, and the policies evolved over the course of the last seven years. Both improvement and performance define supply chain excellence. The discussion of customer-segmented supply chains happens often.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

MAY 1, 2014

” As shown in Table 1, operating margin has declined 16% over the course of the decade. There is an inverse relationship between margin and supply chain excellence. Zimmer’s strategic framework focuses on growth, operational excellence and prudent capital allocation. It is much more complex than it was a decade ago.

Supply Chain Planning Software 289

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 289

Logistics Bureau

OCTOBER 19, 2020

Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere. The performance measurement pillar, which is the one used for benchmarking, is essentially a hierarchy of key performance indicators (KPIs), comprising more than 150 metrics organised into two levels. Those levels are “benchmarks”.

Benchmarking 52

Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

Kinaxis

JUNE 30, 2017

There is omni-channel you can buy products anywhere, you can order stuff from your mobile phone and then get delivered to your home, and so on. In today’s world, with buy anywhere, pick up anywhere kind of paradigm, supply chains are a lot more complex. How are supply chains becoming more complex? Think of yourself as a consumer.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 147

Procurement Academy

MARCH 12, 2024

In response to these challenges, Skill Dynamics is proud to introduce the Future Skills course for Cost Optimization. This article is a deep dive into this course – which is specially designed to give the professionals in your team the knowledge and skills they need to excel in strategic cost management.

Optimal Sourcing 69

Optimal Sourcing Negotiating Skills Purchasing Skills Buyer Training 69

Supply Chain Shaman

DECEMBER 26, 2012

I was at three clients’ sites over the course of the last two weeks. This includes the automation of path-to-purchase for consumer products, active shaping of demand through price, channel incentives and promotions, eCouponing and mobile commerce for retail, and product proliferation for all. ” I smiled.

Manufacturing Procurement 183

Manufacturing Procurement Purchasing Skills Modeling Supply Chain Design 183

Supply Chain Shaman

OCTOBER 11, 2012

Procter & Gamble and Kimberly Clark); but for most companies that I have worked with, I see that they have purchased and implemented inventory technologies, but there has not been an impact on future years results in either Days of Inventory or Days of Working Capital. Ownership of Inventory as a Metric. What I Think it Means.

Inventory Reduction 245

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 245

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. If university study is a little beyond you right now, one of the certification courses might work better for you. Purchasing Agent. Sea Change—A Supply Chain Career is now seen as ‘Cool’.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Logistics Bureau

AUGUST 1, 2022

More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software. S&OP is ostensibly a numbers game, of course. While that may be true, these issues are still the result of a human decision-making process.

Supply Chain Planning Software 87

Supply Chain Planning Software S&OP Supply Chain Planning Scenario Planning 87

HICX Solutions

AUGUST 11, 2021

Of course, there are a few challenges that you encounter and we are tackling them,” he explains. We have clear metrics that talk about payments on time to suppliers, or, if they raise an issue, how quickly is that getting resolved. We have clear metrics and a good sense of how in sync we are with our supplier base.”.

Procurement Analytics 52

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ThroughPut

FEBRUARY 23, 2024

With so many changing variables, excel sheets or human intervention alone can’t gain the level of visibility needed to forecast the future. Your sourcing department can save valuable time because AI tools analyze suppliers with the aid of relevant data points and metrics and match them with the contract opportunities available.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Supply Chain Game Changer

MAY 5, 2021

Case in point: research firm Gartner includes the speed of inventory turns as a key metric in its annual Top 25 List recognizing companies for their excellence in Supply Chain. Of course, efficiency will always remain a paramount driver of Supply Chain Management’s value. They must always result from a strategic decision.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

Supply Chain Shaman

AUGUST 11, 2016

I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. Dutifully, I plugged in my laptop with each gate change, and keep working away as the irate crowd ebbed and flowed with six gate changes on bad information over the course of five hours. I am on a mission.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

ShipBob

SEPTEMBER 27, 2021

Dollar discounts, percentages off, buy one, get one deals, and free shipping are great incentive options to entice new and returning customers to make a purchase (or deplete old inventory). Technical skills such as website management and development of marketing strategies are crucial to excel in the ecommerce world.

Inventory Reduction 59

Inventory Reduction Optimal Sourcing Price Reduction Cost Reduction Strategies 59

ShipBob

SEPTEMBER 27, 2021

Dollar discounts, percentages off, buy one, get one deals, and free shipping are great incentive options to entice new and returning customers to make a purchase (or deplete old inventory). Technical skills such as website management and development of marketing strategies are crucial to excel in the ecommerce world.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Price Reduction Cost Reduction Strategies 52

Logistics Bureau

DECEMBER 20, 2016

Despite the apparent complexities involved in supply chain management, achieving excellence really doesn’t have to be too difficult. In this post, we explain what those pillars are, why they matter, and how to align them in a way that supports supply chain management excellence. The Importance of Alignment.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

Supply Chain Network

MARCH 26, 2012

Though the company had benefited from equity interests in franchised bottling groups, the need to make more from less prompted Coca-Cola to buy out their main North American distribution groups. Interestingly, the original push for profit has caused Coca-Cola to become an excellent resource in medical distribution.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Resource Reduction Supply Chain Strategy 97

Kinaxis

DECEMBER 3, 2014

Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Yet, these are similar instructions as what is passed down to the supply chain from executives focused on a specific supply chain metric. Sound ridiculous?

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

Logistics Bureau

NOVEMBER 27, 2016

So in order to perhaps spawn some ideas for your supply chain excellence efforts, I thought I’d offer a brief overview of how four leading organisations are achieving their successes and cementing their mastery of the 21 st century supply chain. 4 Leading Operators with the Supply Chain X-Factor. Boxes Within Boxes.

Agile and Lean Supply Chain 40

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

Logistics Viewpoints

JULY 18, 2022

Products, of course, can be picked up at the branches. Driving an excellent supply chain depends on how people are recruited and managed, processes, and the technology used. The company has shown sustained improvement on this metric. Across the US, Ferguson has 6.5 Goods are fulfilled to customers in a variety of ways.

Supply Chain Design Software 220

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 220