Supply Chain Metrics - Gaining Visibility in a Data-rich World

Logility

The late consultant, educator, and author, Peter Drucker, is often quoted as saying "you can't manage what you can't measure.” The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). Master Data 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. As explained by Dr. Mark van Rijmenam in a Medium post:“Smarter transportation will result in operational efficiency, improved end-to-end customer experiences, reduced fuel consumption and increased flexibility. The post Transportation Data Overload: How a TMS Enables Data Management appeared first on MercuryGate International.

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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 suddenly so important because the current technology supports the capturing of phenomenal amounts of raw data from an unlimited number of sources and the converting of that data into meaningful, contextual, and actionable information – quickly and at low cost. What is 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 suddenly so important because the current technology supports the capturing of phenomenal amounts of raw data from an unlimited number of sources and the converting of that data into meaningful, contextual, and actionable information – quickly and at low cost. What is Digitization?

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. 6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. Strategic Logistics Management: The Importance of Flexibility. The Use of Data to Create a Successful Transportation Management Program. Businesses are often left with questions about the origination of such data.

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.

Forecast Accuracy at the SKU Level is Achievable

Logility

Gartner, for example, places demand forecasts at the top of their Hierarchy of Supply Chain Metrics to highlight the impact of forecasts throughout the supply chain. Improving forecast accuracy by just one percent can significantly reduce finished goods inventory, lower transportation costs, decrease inventory obsolescence and increase perfect order performance. The Data Opportunity. Without clean, consistent data, demand planners will struggle to create accurate forecasts.

Top 15 Logistics Blog Posts of 2014

Cerasis

Some logistics involves transportation or warehouses or both. The Warehouse Manager’s Complete Warehouse Traffic Management Checklist : A warehouse manager is responsible for ensuring the health and safety of their employees and others who visit your workplace. Any process or management after the sale of the product involves reverse logistics. Below you can download the LTL Freight Management presentation with notes and also view the webinar in its entirety.

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.

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. 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. It is critical to leverage transportation analytics to get the most out of your operation.

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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.

New job opportunity: Product Owner

DiManEx

Along the way, this person will help us build the product management practice within DiManEx, both managing and improving existing releases & features as well as creating our new roadmap with innovative new data driven products, features and services. Identify market and customer needs, and collaborate with management, business and operations to define product vision & strategy and execute on the chosen product roadmap. ?

5 ways TMS transforms Logistics Managers' jobs

Abivin

That’s where the need for Transportation Management System (TMS) comes into play. A survey featured in Logistics Management shows that just 35% of shippers are using TMS in their supply chain. Logistics managers need to realize that adding TMS instead of headcount can be the right way to grow their business. By automating manual processes, you can have time to focus on other important tasks like strategic planning, management.

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. Yes, believe it or not it costs US$999 to take a look at a not-so-complex set of XML “open” standard, which is still incomplete, 13 years after the initiative was launched by the International Air Transport Association.

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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.

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

EFT

In turn, we also hope to act as a catalyst for supply chain businesses and professionals looking to make the leap into sharing insights of their own; whether they can share new technology use cases, perspectives on trends, valuable data sets or industry initiatives from; sourcing and procurement practices to last mile delivery, – you can see that it’s a really wide reaching and exciting project to launch!

Three Reasons Why I Love Hadoop, and You Should Too!

Supply Chain Shaman

The data is logically expressed in rows and columns. To connect data from system to system, the data is moved and integrated. As a result, everywhere you go, users and teams complain about the inadequacies of transaction master data and the problems of data integration. I have never heard Google struggle with a master data issue. It makes searching large data sets fast. Instead, the program processes the data where it resides.