Logility

MAY 7, 2020

Companies across all industries and sizes struggle to make sense of and value from the available mountains of data. Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. Exponential Growth in Supply Chain Data.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

Logistics Viewpoints

NOVEMBER 14, 2022

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. Real-time location and IoT data such as condition statuses (e.g., As an in-memory solution, Nexus allows for Big Data to be accessed very quickly.

Agile and Lean Supply Chain 224

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 224

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

With its ability to derive insights from vast amounts of data and derive insights, generative AI has emerged as a valuable tool to optimize supply chain operations. It can then generate new content using prompts that resemble the original training data.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

TrackVia

MARCH 25, 2024

Or having instant access to important customer data while you’re out in the field, without having to lug around piles of paperwork. TrackVia makes it easy for businesses to automate data, cut costs, and enable remote work. Another key benefit of mobile workflow solutions is enhanced data accuracy and consistency.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Design Software Cost Reduction Strategies Waste Reduction 105

ivalua

NOVEMBER 25, 2020

Leading Procurement organizations who had the right procurement processes and supply chain technologies in place were able to mitigate the impact of that disruption by staying agile and providing businesses with the supply chain data they needed to make rapid, informed business-decisions. Help staff sell procurement’s value during recovery.

Optimal Sourcing 130

Optimal Sourcing Procurement Gartner Agile and Lean Supply Chain 130

Logility

AUGUST 4, 2023

Document and agree to what your next supply chain planning technology must deliver for you. They will be responsible for the day-to-day operations of the project, documentation of goals, milestones, and communications. Don’t be surprised if your whiteboarding session concludes with a hundred or more metrics and KPIs.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Vendor Strategies 208

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Logility

MARCH 12, 2021

Some years ago, a 40-year-old Midwest process manufacturer with 40,000 SKUs finally completed implementing a new ERP system and quickly worked to combine all the new data with an array of other operational software, producing tons of new data daily. But there’s no guarantee you can use that data effectively. New B eginnings.

Supply and Demand 191

Supply and Demand Prescriptive Analytics Software Demand Planning Modeling 191

Logistics Viewpoints

AUGUST 15, 2022

A MSCN is a collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. Both ERP based procurement and spend management solutions have supplier master data. For example, are you still a minority owned company?

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

This involves not only identifying the volume and frequency of shipments but also delving into specific requirements, such as: The advent of Digital Freight Procurement Tools , means users can now compile the above data in a fraction of the time spent previously. Work with legal and procurement teams to draft the contract documents.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Zipline Logistics

FEBRUARY 9, 2021

Logistics data has taken a front seat at forward-thinking CPG brands due to its ability to drive impactful and profitability-focused decisions in all facets of the supply chain. The CPG supply chain generates volumes of data that—when leveraged correctly—can be a differentiator for brands. What is Logistics Data? Learn More.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

Logility

JANUARY 26, 2022

Technology purpose-built to support a sustainable supply chain provides the level of visibility and resources needed to help fashion and apparel brands navigate this swiftly changing landscape, monitor suppliers across all tiers, and capture the data and insight necessary to comply with new laws and fulfil stakeholder expectations.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 130

EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. There are no restrictions; just register, answer the online questionnaire and documentation, share results, and improve! What areas does it cover?

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

Supply Chain Shaman

MARCH 5, 2019

In the visibility use case avoid three watch outs: 1) Make Sure That The Data Is Actionable. In many deployments of telematics, companies get visibility on truck status, but the data is an overkill. Contract manufacturing or 3PL data often will have a 24-hour latency due to batch integration. Master data. Warranty data.

Supply Chain Design Software 282

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 282

Elementum

DECEMBER 14, 2023

AI enables the automation of processes that previously required human intervention, while machine learning algorithms can analyze large data sets to identify patterns, predict outcomes, and optimize processes with minimal human input. Automation should significantly reduce errors and maintain data quality.

Supply Chain Software 78

Supply Chain Software Optimization Software Resource Reduction Supply Chain Planning Software 78

ThroughPut

MARCH 15, 2024

Instead, start by documenting current processes and identify issues. Step 2: Data Checking This step involves preparing the data for the AI system. The quality of your AI model largely depends on the quality of your data input. Having gaps in data, in turn, trigger inaccuracies even in the best supply chain AI projects.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ThroughPut

MARCH 15, 2024

Instead, start by documenting current processes and identify issues. Step 2: Data Checking This step involves preparing the data for the AI system. The quality of your AI model largely depends on the quality of your data input. Having gaps in data, in turn, trigger inaccuracies even in the best supply chain AI projects.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

Logility

NOVEMBER 30, 2020

There is a growing awareness within senior executives that transforming supply chain capabilities to take advantage of the emerging areas of “Big Data,” “Artificial Intelligence,” “Advanced Analytics” and “Cloud Computing” provides a competitive advantage and reduces risk due to disruptions. Have questions about how best to get started?

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy 179

Supply Chain Game Changer

NOVEMBER 3, 2022

Your organization has to be more vigilant than ever regarding security to avoid risks like data loss or theft, underscoring the role of IT. Financial data helps managers keep track of their company’s financial performance and determine if any areas need improvement. Financial Information Monitoring. Procurement Management.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

SCMDOJO

MARCH 19, 2024

Data-Driven Decisions The structure provides a framework for collecting and analyzing data across the supply chain. This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Analyze performance metrics and implement improvements to enhance efficiency.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Intelligent Audit

NOVEMBER 17, 2020

For shippers to prepare, they need visibility into shipping data. The data must flow into a logistics analytics platform that provides actionable insights. Read on about the costs of not using holistic shipping data, how shipping data creates insights, and how to use those insights to enhance peak season shipping efficacy.

Cost Reduction Strategies 52

Cost Reduction Strategies Prescriptive Analytics Software Shipping Resource Reduction 52

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

ToolsGroup

SEPTEMBER 22, 2020

Supply chain practitioners know trends like product line proliferation, shorter product life cycles, increased complexity, massive amounts of data and ever more demanding and unpredictable customers are accelerating. as part of a larger research document and should be evaluated in the context of the entire document.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

ivalua

AUGUST 16, 2021

Define the attributes to be measured (including data sources) for each supplier life-cycle phase. These processes rely upon different systems (if any at all) and utilize numerous and disconnected sources of data. Collect the necessary information from suppliers and/or third-party data sources to determine compliance.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software 130

Turvo

SEPTEMBER 29, 2021

Eliminate Confusion With Digital Document Management. Another way to navigate the current market is by implementing technology like digital document management. This can consolidate the amount of manual documentation while instantly uploading the files. Monitoring these can decrease supply chain disruption and confusion. .

Supply Chain Disruption 76

Supply Chain Disruption Logistics Network Optimization Software Analytics Software Optimization Software 76

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.”

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

crisp

DECEMBER 15, 2021

At last week’s Supply Chain Summit, Crisp’s Head of Supply Chain Barry Bradley gave brands a step-by-step guide to running a data-driven operations team. One of the big catalysts for change right now is the acceleration of data and analytics in supply chain management. The Power (and Pain) of Data. For one, it’s time consuming.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Unleashed

APRIL 21, 2024

Technology plays a significant role in streamlining the order-to-cash processing by providing real-time data and analytics to identify areas for improvement. This document confirms the details of the transaction, including the type and quantity of products, pricing, and delivery terms.

Inventory Management Software 52

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

Supply Chain View from the Field

NOVEMBER 6, 2015

In particular, there is a noticeable gap between procurement executives’ explicit intentions of driving value for the business, and documented results as they pertain to improved engagement with internal business groups, ability to drive innovative analytical tools, and the resulting gap in alignment with business strategy.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Analytics Software Optimal Sourcing 60

3PL Insights

OCTOBER 24, 2017

The robots are typically connected to a Robotic Management System (RMS) that integrates data regarding product—what’s high in demand, what needs to be picked and shipped quickly. Metrics: Autonomous vehicles have sensors to automatically gather data, which can be uploaded to various applications, hosted onsite or in the cloud.

Warehousing 112

Warehousing Inventory Reduction Predictive Analytics Software Supply Chain Software 112

Precoro

DECEMBER 11, 2023

With strategic sourcing, historical and current data are collected in order to analyze established processes, predict market requirements, maximize purchasing power, and align purchasing strategy with organizational objectives. The metrics also serve as guidelines for evaluating potential partners to purchase from. Target cost.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

OptiProERP

APRIL 9, 2024

Document processes and provide training to employees to ensure compliance and proficiency. Use dashboard reporting and analytics tools to track performance metrics in real-time and identify areas for improvement. Below are some best practices to follow.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

QAD

APRIL 25, 2019

Using Metrics to Measure Quality. Business Process Documentation. Unless processes are fully and accurately documented, employees may not understand their roles. Unless processes are fully and accurately documented, employees may not understand their roles. Document processes electronically. Design for Quality.

Metrics 94

Metrics Quality Expense Reduction Cost Reduction Strategies 94

Turvo

DECEMBER 9, 2021

Highly accessible critical data bridges the communication gap across the board and empowers networks with every detail of the order movement process. Integrated, Digital Document Management. Integrating a freight broker TMS empowers logistic organizations with digital document sharing and a visual timeline of activities.

Analytics Software 72

Analytics Software Supply Chain Planning Software Supply Chain Network Software Predictive Analytics Software 72