How Procurement Can Add Value To Supplier Master Data Management

ivalua

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Master supplier data doesn’t just matter to Procurement. Accurate supplier data is the fuel that drives critical business processes that impact the bottom line. Tools for business optimization and risk management (including AI) — Improve business planning accuracy and decision making frameworks. Supplier data improvements can reduce these costs and minimize the opportunity for error. Risk management.

Transportation Data Overload: How a TMS Enables Data Management

MercuryGate

The volume and opportunity to collect and manage transportation data is increasing, and companies are clamoring over their potential. Logistics companies are already working hard to use sensor […]. The post Transportation Data Overload: How a TMS Enables Data Management appeared first on MercuryGate International. Data, Analytics, Metrics, KPIs Blog Posts

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Top 15 Logistics Blog Posts of 2014

Cerasis

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. There are countless number of logistics service providers who offer many different types of broad and niche services. Top 15 Logistics Blog Posts of 2014.

Why Logistics and Transportation Should Digitize

3rdwave

The more granular and comprehensive the data captured in digital format, the higher the fidelity and resolution of the picture presented through digitization. Digitization is an essential cornerstone capability that enables Logistics to deliver its true potential. From the perspective of Logistics, understanding digitization is particularly relevant because much of the information logistics requires is in analog format. Why should Logistics Care about Digitization?

Why Logistics and Transportation Should Digitize

3rdwave

The more granular and comprehensive the data captured in digital format, the higher the fidelity and resolution of the picture presented through digitization. Digitization is an essential cornerstone capability that enables Logistics to deliver its true potential. From the perspective of Logistics, understanding digitization is particularly relevant because much of the information logistics requires is in analog format. Why should Logistics Care about Digitization?

What Supply Chain Data Should I Track in 2020?

Veridian Solutions

Supply chain data management requires attention to detail and a mechanism in place that provides analytics, or insights, to gain actionable knowledge. Risk exists around data when it is incorrectly or inaccurately collected and shared. To ensure your organization applies data correctly and generates meaningful KPIs , supply chain leaders must know the challenges of data tracking, how it improves operational excellence, and the primary types of data to track in 2020.

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Is Your Supply Chain A Cost Centre or a Value Creator?

Supply Chain Game Changer

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. Cash Cycle Management. Supply Chain has a central and pivotal role, if not the controlling responsibility, for Cash Cycle management. Cost and Profit Management.

The Supply Chain Detective™! In Search of Broken Supply Chain Clues!

Supply Chain Game Changer

You know the people, the processes and the metrics. Most companies have a Procurement function, Distribution, Logistics, Planning, Inventory Management, Product Data Management, and Operations. In the area of Inventory Management they also did a lot of benchmarking and highlighted deficiencies in our processes. Lack of respect of, recognition of, or confidence in Supply Chain from peer functions or from Executive management. Subscribe Here!

How to Get a Job in the Supply Chain Sector

Logistics Bureau

And now let us examine the reasons why a career in logistics offers so much diversity to so many workers. Supply chain management is increasingly making an impact on the overall functioning of the business and influencing C-suite decisions. Do you want to be managing people?

Exception management: An important aspect of supply chain visibility

20Cube Logistics

Exception management is an effective mechanism in supply chain management. The capability to address the issues and ensure the smooth functioning of the operations helps a company to be stable and with technology raising its bar every day in supply chain management, it’s more like management by exception rather exception management. . From exception management to manage by exception. Managing by exception is nothing but data management challenges.

Air Cargo Tech Is Falling Behind. It Doesn’t Have to.

Freightos

This was later joined by powerhouse Amadeus in the 1980s, as 1978 airline deregulation morphed reservation management systems into Global Distribution Systems, combining schedule and fare information into pricing management. Now is the time for dynamic pricing and revenue management. Provider sales teams can easily spend 30% of their time on RFPs and data management. Freight Insights Logistics Technology

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Using Data to Improve Supply Chain Operations

Material Handling and Logistics

Learn how to organize your data operations in alignment with supply chain strategy. Cloud-based supply chain management tools, the Internet of Things (IoT), artificial intelligence (AI) and machine learning are expected to figure prominently in future supply chain operations. Today’s supply chains are increasingly complex, driving logistics operations to invest billions in systems to manage all the moving parts. More data is coming in than ever before.

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Application of Web Based Technology to Improve Supply Chain!

Supply Chain Game Changer

Information technologies support the logistics of operations, internal or production. Since the appearance of the first computers, information systems have been introduced in companies as a powerful tool to optimize and improve their management. The Spread of Big Data in Logistics.

Sam’s Club Updates Appointment Scheduler and OTIF Standards

Zipline Logistics

It currently just uses on-time metrics to grade suppliers and the store’s retail buyers can base purchasing decisions on a brand’s delivery performance. Sam’s Club launched its OTIF program in the spring of 2018, following the logistics compliance precedent set by Walmart. Download: Using Data to Drive OTIF and Retail Compliance Success. Download the free white paper to learn more about how data can be used to reduce logistics spend while improving supply chain performance.

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Why A Successful Transportation Management Program Is Empowered By Data

Cerasis

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. Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. 5 Areas of Technology Application to Aid in Logistics Visibility and Communication for en Route Disruptions. 6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. Metrics.

Five Causes of Analysis Paralysis You Can Avoid

TMC

How often do you feel like you’re drowning in data? It’s a familiar feeling for many supply chain professionals in today’s data-rich working environment. Or maybe you are unaware that the volume of data you’re processing may be in excess of what you actually need. It’s a common pitfall at a time when the number of data sources and data points seem to be growing exponentially. The data is not aligned with the specific needs of the functional group.

Five Causes of Analysis Paralysis You Can Avoid

TMC

How often do you feel like you’re drowning in data? It’s a familiar feeling for many supply chain professionals in today’s data-rich working environment. Or maybe you are unaware that the volume of data you’re processing may be in excess of what you actually need. It’s a common pitfall at a time when the number of data sources and data points seem to be growing exponentially. The data is not aligned with the specific needs of the functional group.

7 Key Factors that Underpin the Success of your Inventory Optimization Initiative

Supply Chain Opz

In Global organizations, successful inventory management is a complex science that requires modelling across an entire network to determine interdependencies between locations and the calculation of the ideal inventory targets from raw materials through work-in-progress to finished goods; no small undertaking. Inventory is financial and operational, and often the two parts of the organizational systems architecture hold different data that isn’t always easy to link together.

Digital Transformation in Trade Promotion: What Must Change?

Supply Chain Insights

Our survey on Revenue and Trade Promotion Management is closing soon; and we will have some pretty strong research to pass along on this topic; but you and I both know it is going to tell us that nearly half of the trade promotions continue to produce less than planned ROI. It matters not what your metric is, you get the same results: too much of our trade spend goes down the drain, doesn’t it? You’re hearing it every single day now… Digital Transformation.

50 expert tips on supply chain management

6 River Systems

“In the past, most disruptions were limited to a single supply chain,” explains Dr. Asoo Vakharia, McClatchy Professor and Director of the Supply Chain Management Center at the Warrington College of Business. As many states have started the process of reopening their economies, supply chain managers are faced with rethinking their supply chain networks. ” — Understanding risk management in the supply chain , Deloitte; Twitter: @DeloitteUS 4.

6 Transportation Management Trends for 2016

Cerasis

2016 will be a defining year for the logistics industry , and transportation management practices must adapt to these changes. Some of these transportation management trends reflect real worries for the logistics industry. However, logistics providers and shippers are starting to understand how to best combat each of these problems through the application of transportation management technologies. Outsourcing of Freight Data and Payment Management.

New online insight hub revealed to increase intelligence resources for supply chain decision makers

EFT

Wherever you are involved in the supply chain ecosystem; as a manufacturing, retailer, logistics or tech solution provider, we can now house a far greater library of content than has previously been possible. Ultimately, the question is: Can the logistics infrastructure hold up? In this light, words such as supply chain risk management, sustainability, collaboration, resilience, agility and visibility have been used consistently over recent times – and now more than ever.

Procurement Fact File

Claritum

Contract management. Supplier relationship management. Supplier risk and management. Procurement performance management. Supplier information management. Electronic data interfaces. Innovation management. Direct procurement management. 13% Data accuracy. 36% Problems arising from poor supplier data management. source: (p1) Paystreams, Supplier Network Management (2014). Claritum Article - Procurement Blog.