The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

Continued Innovation even Amidst the Pandemic. This investment in equipping employees with future ready skillsets has put the organization in good stride to tackle the challenges brought on by COVID-19; allowing Schenker to accelerate investments and efforts in innovation even as many other organizations are struggling to stay afloat.

Singapore 246

Singapore Logistics Network Optimization Software Supply Chain Design Software Waste Reduction 246

Logistics Viewpoints

MAY 25, 2022

Of course, change is always occurring. I attended additional sessions that described recently completed enhancements and customer adoption metrics for Manhattan Active WM. “Assemble Agents of Change” was the theme of the conference. The topic of change is certainly as relevant as ever. Final Word.

Conference 174

Conference Supply Chain Planning Software Optimization Software Scenario Planning 174

SCMDOJO

FEBRUARY 20, 2023

To get ahead in today’s competitive marketplace, distributors must remain on the cutting edge of innovation and stay up-to-date on new developments. You can access our online course “How to Run a S&OP Process – Benefits, Process Steps & Overcome Barriers” to better your understanding.

Inventory Reduction 101

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

The Logistics of Logistics

AUGUST 17, 2022

She started up Corning’s optical fiber factory in the Charlotte, NC area, founded a popular kindergarten engineering design workshop based on a famous MIT course, and led the STEM coaching team serving 48 Easter Seals teachers across metro Atlanta. She graduated from MIT with a chemical engineering degree and a Theater Arts concentration.

Logistics Network Optimization Software 191

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Buyer Training 191

GlobalTranz

AUGUST 14, 2018

Transportation Management Data Insights Lead to Collaboration, Reduced Shipping Costs, & Beating the Capacity Crunch In this “The Freight Project Podcast” episode you’ll hear : The value to a business to have an executive in charge of driving change and innovation. Transportation Management Data Downloadable Resources.

Cost Reduction Strategies 120

Cost Reduction Strategies Transportation Management Resource Reduction Transportation 120

Silvon Software

JANUARY 25, 2023

Salespeople have personal interest in their metrics, so it’s helpful if the forecasting software calculates the forecasting KPIs to make it easy for them to see where they stand. Forecast-accuracy metrics are often not included in sales KPIs, but if your company is serious about demand planning, then they should be.

Supply and Demand 106

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 106

ivalua

JUNE 29, 2020

Now, of course the systems of healthcare differ but overall the level and growth is certainly a concern. Ultimately, BSW was able to improve a key metric (Supply Expense as a % of Net Patient Revenue) and generate millions in savings. The above is a simplified view, of course. Share on Twitter. Watch a BSW webinar here.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain Insights

JULY 23, 2017

Use our Metrics That Matter methodology to look at improvement and performance. At each round, employees gain an understanding of the value of supply chain decisions through the sharing on the Supply Chain Metrics That Matter. The Bootcamp Intensive is a two day in-person course with participants from a variety of companies.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 0

Logistics Viewpoints

MAY 19, 2022

Operational innovations like the invention of containers led to the huge growth in global value chains, and today 95% of manufactured goods move on ships. Technical innovations can also impact supply chains, which is why many turn to supply chain planning solutions, which are designed to be trade-off machines.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

Supply Chain Shaman

JUNE 26, 2017

Amazon’s because of their breath in physical and digital supply chain, innovation in material handling, transportation, etc and their vision completely disrupting the industry. As a result, tor most companies, the goals are unclear and the financial metrics are not well-understood. ” The answer will be “Yes!

Sourcing Strategies 152

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Strategy 152

Supply Chain Shaman

MAY 21, 2013

Over the course of the last week, I have been working on healthcare research. Most care providers are working to get physician and clinical alignment to focus on the right balance of standardization, product utilization, and innovation. Over the course of the last five years, they have fought the shift in power.

Modeling 236

Modeling Modeling Software Pharmaceutical Procurement Analytics 236

Supply Chain Shaman

JUNE 15, 2018

Figure 1: Supply Chain Metrics Are a Balancing Act. The metrics shown in Figure 1 are difficult to improve together. Most companies improve singular metrics but are not able to drive portfolio. An orbit chart is the linking of data across years at the intersection of two metrics. improvements. I was wrong.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Logistics Viewpoints

OCTOBER 7, 2022

Walmart to buy Alert Innovation. The goal is to reduce or avoid one billion metric tons (a gigaton) of greenhouse gasses from the global value chain by 2030. Walmart has entered a definitive agreement to purchase micro-fulfillment center (MFC) developer Alert Innovation. Amazon boasts 25% increase in UK Marketplace sellers.

Logistics Network Optimization Software 184

Logistics Network Optimization Software Real Estate New York Logistics 184

ivalua

AUGUST 17, 2021

Of course, it is important for procurement teams to do this across all spend categories, including direct and indirect spend, which at a high or simplistic level breaks down all of an organization’s spend. million metric tonnes of e-waste in 2019 globally, of which just 17% was recycled”. Direct vs Indirect Procurement.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

Supply Chain Shaman

OCTOBER 1, 2013

Food manufacturers, over the course of the last decade, have pushed costs and waste backwards in the supply chain. Products have proliferated by 37% over the last five years and packaging suppliers are being asked to provide more and more innovation to help the food manufacturers bring new products to the market. Conscious Choice.

Illinois 251

Illinois Waste Reduction Supply Chain Planning Software S&OP 251

Supply Chain Shaman

OCTOBER 8, 2019

Over the course of the last two weeks, I find myself sitting in CFO offices attempting to explain how financial leadership can drive supply chain improvement. No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. The Preamble.

Supply Chain Design Software 183

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

GlobalTranz

AUGUST 31, 2018

Online and mobile innovations are at the heart of increased traceability and visibility, and products must be delivered at break-neck speeds. Of course, it always helps to have a few tricks up the sleeve, so warehouse managers should follow these steps: Increase forecast accuracy using real-time asset and inventory monitoring and analytics.

Supply Chain Design Software 121

Supply Chain Design Software Warehousing Analytics Software Optimization Software 121

Supply Chain Shaman

JULY 8, 2013

Over the course of the last six years, I have helped many companies with their demand-driven initiatives. 2) Bias to Innovate. Six years ago, the Kimberly-Clark team was an innovator in the use of RFID. They set a target to improve top line revenue over the course of five years. Their transformation took six years.

Supply and Demand 210

Supply and Demand Demand Planning Software Modeling Supply Chain Planning Software 210

GlobalTranz

MARCH 23, 2016

These metrics would, of course, be aligned and are updated every hour. The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs. Specific metrics: process metrics and outcome metrics.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

GlobalTranz

JUNE 15, 2017

The tools and techniques of Six Sigma put team’s heads together and stimulate innovation. It for sure requires some degree of self-organization and discipline, but it also creates a perfect ground for resourcefulness and innovation. With an application of statistical methods, the causes of errors are reduced or are eliminated.

Buyer Training 210

Buyer Training Logistics Network Optimization Software Six Sigma Vendor Strategies 210

Logility

FEBRUARY 3, 2022

Of course, this creates additional costs, but it also creates a long-term competitive advantage. Consider bringing in robust metrics that show your organization’s sustainability initiatives and year-over-year improvements. Leverage each other’s unique knowledge and experience to become more innovative and sustainable.

Sustainability 130

Sustainability Vendor Strategies Expense Reduction Cost Reduction Strategies 130

Procurement Academy

OCTOBER 19, 2023

This procurement approach looks at the delivery of value beyond instant cost savings, such as timely delivery, compliance, and innovation. After all, negotiation isn’t merely a transactional exchange of goods or services; it’s the prompt for transformation, the path to innovation, and the cornerstone of lasting supplier relationships.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Supply Chain Shaman

JUNE 9, 2016

Over the course of the last decade the remaining solutions struggled. Today technologies allow the delivery on the promise, but ironically, as technology capabilities improve and innovation to create new solutions explodes, the ownership structure is becoming more conservative. The Promise of Innovation.

Supply Chain Network Software 150

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

Supply Chain Shaman

SEPTEMBER 2, 2016

Communicate the balanced scorecard for the team through clear leadership communication and stay the course. Pick five-to-seven balanced metrics and hold all functions accountable to these corporate metrics. Driving the future requires innovation… Figure 4. Are you building next generation supply chain talent?

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

SCMDOJO

APRIL 9, 2024

Leveraging telematics in logistics makes it easy to access real-time information like vehicle location and status, deviations from planned schedules, traffic situations, driving behavior, vehicle diagnostics, maintenance issues, vehicle metrics that affect fuel efficiency, and more.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

Talking Logistics

JANUARY 16, 2019

He therefore begins what he calls the six “rights” of supply chain execution by focusing on the right product at the right price, which of course, retailers and CGM companies have always focused on. There is much more involved now than the perfect order metric.”. Supply Chain “Mores”.

Supply Chain Execution 101

Supply Chain Execution Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software 101

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. Automation is focusing on risk management, driving innovation, improving cash and increasing revenue.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

Enterra Insights

MARCH 28, 2019

More than any other time in history, technology and innovation are here to make it happen.”[3]. ” Since there is room to improve, Gagnon insists there has never been a better (or more crucial) time to innovate. “Logistics companies cannot afford not to be innovative,” he explains. ”[3].

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Design Software Modeling Supply Chain Network Software 100

Unleashed

MARCH 31, 2021

Roasters may then sell on their beans to a cafe, which of course provides its barista coffee to consumers. A lean business looking to build efficiencies would do well to try and improve this metric. A metric to determine how many days it would take to run out of supply if you did not replenish your stock. Common logistics KPIs.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

Kinaxis

JULY 13, 2018

Of course, those were the early days of the iPhone and there were plenty of naysayers. One of the executives in attendance hypothesized that it could be that most CEOs are focused either on demand creation or new product innovations, and that for them supply chain is perhaps the level of detail that they need not be bothered with.

SCM 100

SCM Big Data Predictive Analytics Software Supply Chain Network Software 100

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

Enterra Insights

MAY 31, 2022

Unfortunately, notes Shawn Muma ( @smmuma ), Director of Supply Chain Innovation and Emerging Technologies at Digital Supply Chain Institute (DSCI), too many businesses have turned their focus inward instead of outward. The winning companies are those that correctly identify the problem to solve — the performance metric to improve.

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

Proxima

DECEMBER 10, 2020

In a recent article, The Financial Times identified changes to bonus plans as adding non-financial metrics to bonus qualifications and excluding months of poor profits increased during the worst of the pandemic. Over the course of the pandemic, companies across the board were cutting jobs as a cost management strategy.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Price Reduction Negotiating Skills 52

The Logistics of Logistics

AUGUST 30, 2022

She started up Corning’s optical fiber factory in the Charlotte, NC area, founded a popular kindergarten engineering design workshop based on a famous MIT course, and led the STEM coaching team serving 48 Easter Seals teachers across metro Atlanta. She graduated from MIT with a chemical engineering degree and a Theater Arts concentration.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Atlanta Charlotte Training 130

Supply Chain Shaman

JANUARY 22, 2013

There is pressure for analysts to stay the course and walk the traditional lines of application referrals. Innovation is slow and the adoption of new approaches is painful. Acquisition and consolidation have reduced innovation, moving the market backwards, not forwards. The analyst market is also broken.

Supply Chain Design Software 234

Supply Chain Design Software Analytics Software Supply Chain Network Software Modeling Software 234

Supply Chain Opz

JANUARY 5, 2015

At Lenovo, asking questions like "why, why not, what if" is part of the innovation process. 4) Foster Trust: another way to enhance internal integration is, of course, the trust building. These high-level metrics are monitored and controlled by a cross-functional team. 2) Observe and Ask: this is a basic scientific method.

Agile and Lean Supply Chain 100

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

Supply Chain Insights

AUGUST 3, 2017

I am pleasantly amazed at the use of innovative technology that is designed to turn the entirety of a forecast and trade promotion planning process into something that has been missing forever – a precise and trustworthy prediction of consumer purchase behavior.

Vendor Strategies 110

Vendor Strategies Optimal Sourcing Resource Reduction Price Reduction 110