Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Financial ratios allow us to analyze performance across the peer group (large against small companies) and across currencies. Aligning metrics matters. Functional metrics in isolation degrade value.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Pharmaceutical 254

3PL Insights

MAY 3, 2021

Data is the new business currency. Our customers identified a need for a data insight tool that shows trends in their inventory and transactions,” Evans says. We will continue to improve evans365 by integrating additional data sources and providing even more valuable metrics,” Evans says. Evans, President and CEO.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Tools Distribution 52

DynaSys

JANUARY 22, 2021

This accurate forecast is used as part of a structured, repeatable process to create production plans that will drive manufacturing efficiencies and ensure sufficient inventory is produced to meet all customer demand until the next production run.

Supply Chain Planning 52

Supply Chain Planning S&OP Scenario Planning Forecasting 52

ToolsGroup

MARCH 5, 2019

This, together with lack of visibility, poor planning capability and outdated assets due to high cost of capital, results in ad hoc decisions made in functional silos that are more focused on cost and inventory risk avoidance and less on service, thereby contributing to inefficient (and often, inflexible) supply chain processes.”

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 159

Supply Chain Shaman

JULY 29, 2013

We have been taught, as supply chain leaders, that over the last decade supply chain processes have improved costs, shortened cycle times, improved customer service and decreased inventory. Based on our recent research, we find that only 1% of process-based companies are making progress on both operating margins and inventory.

Supply Chain Planning Software 282

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 282

Kinaxis

JUNE 24, 2016

Metrics and Dashboard Reviews. One organization that did this well was a global consumer electronics company that operated across many competitive marketplaces and faced fluctuating currencies and foreign exchange rates. Forward Looking Plan. Forecasting Process. Decision Making Process. Only Volume or Unit Focused.

S&OP 120

S&OP Supply and Demand Inventory Reduction Cost Reduction Strategies 120

Talking Logistics

JANUARY 5, 2014

Natural disasters like the Japan earthquake, product shortages due to quality issues, the impact of currency rates on product costs and demand, and disruptions caused by IT service failures or security breaches are just a few examples of the risks supply chain executives face every day. Use them to your advantage.

Logistics Network Optimization Software 178

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 178

Silvon Software

APRIL 29, 2022

Inventory can be a manufacturer’s most important asset. But a large inventory has its own liabilities such as cost to store and insure it, along with the risk of spoilage, theft and damage. The Basics of Inventory Management KPIs. Every inventory KPI needs a clearly defined goal.

Optimal Sourcing 114

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 114

Talking Logistics

JANUARY 4, 2016

Natural disasters, product shortages due to quality issues, the impact of currency rates on product costs and demand, and disruptions caused by IT service failures or security breaches are just a few examples of the risks supply chain executives face every day. Ask “What are the risks?”more more often. Use them to your advantage.

Logistics Network Optimization Software 100

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

Unleashed

OCTOBER 29, 2019

Aged inventory generally refers to inventory stock that has been held for longer than six months usually due to low consumption or slow sales. Aged inventory is not an overnight occurrence however, any surplus of inventory stock is both costing you money and restricting your cashflow. Aged inventory reports.

Procurement Analytics 40

Procurement Analytics Inventory Reduction Purchasing Skills Inventory 40

Logistics Viewpoints

FEBRUARY 2, 2023

3PLs can quickly assess client-level profitability via accurate cost-to-serve metrics and analytics on demand while creating a verifiable audit trail of events and charges that reduce potential credit settlements and contribute to customer satisfaction.

Supply Chain Planning Software 205

Supply Chain Planning Software Inventory Management Software Forecasting Software Analytics Software 205

NC State SCRC

APRIL 3, 2019

Foreign currency and commodity price fluctuations [7]. With inventory desired to be at a minimum. The contract may also include metrics and resulting consequences (late fees, etc.). Risk: Foreign currency and commodity price fluctuations [7]. Compliance to a wide range of regulation and restrictions [7]. Description.

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

ShipBob

MAY 19, 2023

In the highly competitive world of retail, businesses are constantly looking for ways to attract new customers and move inventory. Retailers typically use markdowns to clear out old or slow-moving inventory, make room for new products, and recoup some of the costs associated with carrying unsold merchandise.

Material Savings 52

Material Savings Price Reduction Inventory Reduction Cost Reduction Strategies 52

Precoro

NOVEMBER 20, 2023

The system also enables users to efficiently track inventory levels and monitor expenses.  Additionally, Precoro “integrates extremely well using various foreign currencies”, which is critical to their international business. "We

Procurement Solutions 52

Procurement Solutions Procurement Analytics Biotech Optimal Sourcing 52

Unleashed

MARCH 5, 2024

eCommerce automation helps businesses maximise productivity by optimising daily processes such as inventory management , fulfilment, and customer service. Inventory management automation Inventory management automation allows eCommerce merchants to track stock levels, locations, and other critical information in real time.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Examples Inventory Management Software 52

Unleashed

DECEMBER 6, 2021

With inventory management and other software features built for the wholesale environment, you’ll be able to work towards success in a number of ways: improved profit margins by holding a lean inventory, optimising inefficiencies to cut labour costs, better strategic decision making through data… the list goes on.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

IQMS

JULY 30, 2018

Bottom Line: Data and the intelligence it delivers are revolutionizing manufacturing, making real-time data the new currency supplier networks need to thrive and grow on. 72% of manufacturers consider streamlining and making inventory reconciliation more efficient very/extremely important.

Material Savings 52

Material Savings Manufacturing Inventory Reduction Survey 52

Kinaxis

AUGUST 11, 2016

You’ll need currency conversions at sales points, but you’ll also benefit from accurate currency conversions at your assessment and planning levels. For example, tracking revenue in each location’s currency helps you to assess those values within that market context. Here are 7 data issues you might need to watch out for: 7.

Data 100

Data Supply Chain Planning Software Supply Chain Planning Forecasting 100

Unleashed

FEBRUARY 28, 2021

Cloud-based systems offer a cost-effective way to manage and monitor suppliers, inventory and more. Unleashed Software and accounting software firm Xero have a plug-and-play integration that allows you to manage the entirety of a business’s inventory and accounting processes. Cloud-based software. A mobile sales app.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Analytics Software 98

QAD

AUGUST 3, 2022

They’re designed to handle internationalization issues, like currency, language, alphabet, postal code, accounting rules and more. . Most of these can handle a few different languages and currencies but only a single alphabet. Inventory and forecasting decisions can be simplified and automated. . Order Processing. Data Services.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Optimization Software 52

Unleashed

AUGUST 26, 2019

This dashboard collects key financial health indicators from marketing activities and displays financial metrics to provide senior management and investors with performance results to help them determine future marketing spend. This dashboard can deliver sales metrics including costs, revenue, profits and incremental sales.

Supply Chain Design Software 58

Supply Chain Design Software Analytics Software Inventory Management Software Supply Chain Software 58

QAD

MARCH 30, 2021

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, from shared services to real-time data and flexible data analytics, Effective Enterprise Management ensures that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 77

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Optimization Software 77

EMERGE App

DECEMBER 31, 2018

If you’re still not convinced about using inventory management software , then perhaps the benefits might sway you over. For import-export companies, you need to have your operations down pat with sophisticated inventory management software to back you up. Value Your Inventory. Technology can give you a competitive edge.

Inventory Management Software 60

Inventory Management Software Purchasing Skills Forecasting Software Manufacturing Procurement 60

Enterra Insights

JUNE 13, 2018

What is much easier to measure is cost — so that’s what drives the metrics and incentives.”[1] He writes, “The common currency that all departments can collaborate around is data — data about stock and data about the customer.”[2] What is the end game? ” Those characteristics are: 1.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain 100

Unleashed

MAY 10, 2023

By getting better at collecting data, you’ll be able to learn more about your business, including the complex relationships between various metrics. Warehouse automation Warehouse automation refers to any automation deployed to improve the efficiency and effectiveness of inventory storage and order fulfilment processes.

Supply Chain Software 52

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 52

Precoro

FEBRUARY 27, 2023

For instance, Spending as a Percentage of Revenue is an important metric that can showcase whether an organization spends more money while getting the same or even worse results than similar companies in the industry. Cleanse and Enrich Spend Data Spend data is made of various time zones, currencies, languages, and other formats.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Precoro

AUGUST 15, 2022

Cross-company visibility makes it easier to spot inefficiencies that drive up costs and leads to better deployment of all resources, from labor to inventory to equipment. For example, you can track inventory levels daily, including future shipments yet to be received and inventory in transit.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Procurement Solutions Optimization Software 52

Vinculum

AUGUST 5, 2020

Currencies – Consumers prefer to pay in local currencies and often withdraw from paying if the price is displayed in foreign currency. Set a realistic target and success metrics. Logistics – Merchants offering cheap delivery and free shipping attract customers. Observe your Competitor.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Currency 52