Logility

AUGUST 15, 2023

Smarter, Not Harder: How to Climb Every Peak in Supply Chain Planning Supply chain planning is like a grand mountaineering expedition. Even before importing and selling any item, every step addresses complex challenges amplified by regulations dictating the origin of goods and ethical sourcing and labor practices.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

Precoro

OCTOBER 10, 2022

Keep reading to learn in detail about the top 13 most crucial procurement metrics, how to track them, and what to focus on to drive the most value to your company. Enable procurement managers to improve data-driven processes. Optimize organizational spending, time, and sourcing of goods or services. Cost Reduction.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Unleashed

MARCH 9, 2021

In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. What is procurement? Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Unleashed

JANUARY 4, 2024

Product sourcing, done the right way, can set your business up with the foundations needed for achieving maximum sales. This guide will explain how product sourcing works in modern business, best practices for finding suppliers, and list some of the most popular websites and tools for sourcing goods to sell.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 52

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. The traditional leader values cost reduction but is blind on how to value time. To side-step this issue, build planning processes to use market data. Feed the adaptive modeling environment market planning master data.)

Supply Chain Planning Software 391

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 391

SCMDOJO

MAY 10, 2023

However, the success of an ERP system largely depends on the quality of its master data. Poor quality master data can lead to errors, delays, and inconsistencies, which can have serious implications for an organization’s bottom line. After all, who wants errors lurking in the depths of their master data records?

Optimal Sourcing 122

Optimal Sourcing Government Quality Supply Chain Design Software 122

Logility

APRIL 23, 2020

In far too many cases, forecasts are done as a fishing expedition where analysts run the data through predictive algorithms to see what “pops.” Take a data asset inventory. Once the project is defined, it is critical that an inventory of all data assets is taken. Often, analysts like to try different ways of looking at the data.

Forecasting 148

Forecasting Forecasting Software How To Procurement Analytics 148

ivalua

JUNE 14, 2023

Up front efforts to define roles and responsibilities, document requirements, integrate with other enterprise systems, and maximize the value of data will be rewarded in multiple forms well beyond the conclusion of the implementation.

Optimal Sourcing 239

Optimal Sourcing Sourcing Strategies Procurement Resource Reduction 239

Supply Chain Shaman

DECEMBER 15, 2022

Companies became less clear on the definition of supply chain excellence and how to implement decision support technologies. To entice you to participate let’s look at the data more closely. Functional Metrics. This gap grew over the last decade. To respond, follow this link. Organizational Alignment.

Manufacturing Procurement 393

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 393

QAD

NOVEMBER 8, 2022

The pandemic tested the supply chain across all industries, so how can medical device supply chain leaders implement strategies and plan for potential risks in the post pandemic “new normal”? Broadening Multi-Sourcing and the Use of Near Shore Suppliers. Expanding supplier relationships.

Optimal Sourcing 96

Optimal Sourcing Supply Chain Optimization Sourcing Strategies Price Mitigation Strategies 96

Talking Logistics

SEPTEMBER 18, 2014

According to a July 2014 supply chain research study from Accenture focused on Big Data and supply chain risk management, most organizations have high hopes for using big data analytics in their supply chain but many have had challenges in deploying it. There is more to supply chain visibility than a complex set of KPIs.

Supply Chain Design Software 197

Supply Chain Design Software Big Data Supply Chain Visibility Optimal Sourcing 197

EC Sourcing Group

JULY 26, 2022

Advanced analytics exceeds standard business intelligence (BI) using state-of-the-art technology and tools to create data asset information and real-time statistics. Analytic techniques include data mining, eSourcing software , semantic analysis, complex event processing, predictive modeling, and other business data examinations.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Predictive Analytics Sourcing Strategies 52

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. Doing so requires access to a vast set of data to understand your current sales and inventory positions, however.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Over the past two decades, organizations have become more insular and less willing or able to share meaningful data. We started the conversation with sourcing. Focus on Cost.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Silvon Software

APRIL 18, 2023

While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? How do we get buy-in around the organization? Each requires its own portfolio of metrics.

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 64

Kinaxis

APRIL 4, 2019

We don’t know how the machine works, so it’s not a surprise that when it’s broken, we don’t know how to fix it. Data first. The goal of the clinical trial challenge is to use machine learning to dive into the oceans of data and find new insights. The prerequisite for that though is clean data.

Pharmaceutical 249

Pharmaceutical Supply Chain Planning Software Supply Chain Software Supply Chain Planning 249

OptiProERP

APRIL 9, 2024

Use dashboard reporting and analytics tools to track performance metrics in real-time and identify areas for improvement. Image source : McKinsey & Company Technology for Tracking Tracking the Q2C process requires robust functionality.

Optimal Sourcing 52

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

ShipBob

FEBRUARY 3, 2023

But how do you know if all that hard work is paying off? By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. Why are retail metrics important? What is a retail KPI?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Intelligent Audit

MARCH 21, 2022

Unify Your Freight Contract Data With a Single Source of Truth. Unified TMS systems, cloud-based data sharing portals, and collaborative platforms can make it easier to optimize freight hauling contracts across the board. Normalize and Analyze Data to Make Clear, Concise, and Insightful Views of Your Freight Contract s.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Optimization Network Optimization 52

EC Sourcing Group

MARCH 12, 2023

A supplier scorecard is the result of supplier analysis based on a set of key performance indicators and metrics. Steps for building a supplier scorecard: Focus on the purpose of the scorecard by recognizing and determining the right measures and metrics, or, your KPI’s.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Supply Chain Shaman

SEPTEMBER 22, 2022

Instead, I think we should build outside-in planning processes to better use real-time and market data and build effective networks. Instead, I find most are visibility projects without clarity on how to tie improved visibility to enterprise processes. Yes, the supply chain is awash with real-time data. Real-time Planning.

Supply Chain Planning Software 419

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 419

Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Over the past two decades, organizations have become more insular and less willing or able to share meaningful data. We started the conversation with sourcing. Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Enterra Insights

SEPTEMBER 28, 2020

From demand planning to manufacturing to trade promotion optimization, data is essential for almost every aspect of consumer packaged goods (CPG) company operations. To avoid diving blindly into new endeavors and wasting resources by consequence, CPG brands need sales and media data to direct and inform their alterations.”[1]

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

IQMS

MAY 1, 2018

Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks. Quality Metrics Defining the Future of Manufacturing.

Manufacturing Procurement 56

Manufacturing Procurement Metrics Quality Predictive Analytics Software 56

SCMDOJO

JULY 3, 2023

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. Throughout this course, you will gain valuable knowledge and practical insights on various aspects of the sourcing process in procurement.

Purchasing Training 79

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 79

Intelligent Audit

MAY 2, 2022

Actionable analytics and insights are meaningful findings resulting from data collection, interpretation, and logistics intelligence. They clarify what actions shippers need to take or how they should think about an issue. Organizations use actionable insights to make data-informed decisions.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Analytics Software Predictive Analytics 52

QAD

APRIL 8, 2021

Are the phrases “data is the new gold” or “data is the new oil” just marketing slogans to entice businesses to spend more money on technology? For centuries, the use of data was at a stage comparable with the use of oil for lighting with a petrol lamp. Ubiquitous Data. Data Opportunities.

Data 82

Data Analytics Software Supply Chain Design Software Supply Chain Software 82

Material Handling & Logistics

DECEMBER 14, 2018

Learn how to organize your data operations in alignment with supply chain strategy. Complex supply chains generate more data, which companies can use to drive greater efficiency or engage in innovation that disrupts an entire industry—think Amazon. More data is coming in than ever before.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

Supply Chain Shaman

MARCH 21, 2022

” Corporations serve international markets, and the source of rare minerals (so critical for the evolution of the green supply chain) is primarily Asia. Others argue the demise of global sourcing; might I add caution? Data from the Economist on Goods and Services Sales. My response is “Hogwash.”

Modeling 280

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 280

GlobalTranz

NOVEMBER 30, 2021

Let’s take a closer look at how to turn these practices into action. Track Carrier Performance Data. Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Across OTR Transportation Modes.

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

Intelligent Audit

OCTOBER 27, 2022

In 2008, Dr. Raymond Panko published a paper detailing examples of human error in data entry. When manually entering data into a spreadsheet, the probability of human error was 18-40%. One solution is to turn to big shipping data. That’s why it’s critical to have an audit partner who can ingest data across all systems.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

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 75

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 75

Supply Chain Shaman

OCTOBER 25, 2021

Build capabilities to manage planning master data. Manage Make, Source, and Deliver Together. Change internal metrics to a balanced scorecard and force the functions to work better together. While new analytics possibilities exist, business leaders’ understanding of how to use them is limited. Focus Outside-In.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Talking Logistics

APRIL 29, 2015

Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. Also, is multi-functional engagement important and, how does omni-channel impact transportation sourcing?

Sourcing Strategies 100

Sourcing Strategies Sourcing Transportation Cost Reduction Strategies 100

Kinaxis

OCTOBER 31, 2016

Making informed decisions fast comes down to collaboration – how effectively the data, processes and people who oversee the supply chain can connect, communicate and interact with one another. But, for many organizations, there’s a distinct disconnect between data, processes and people that is preventing collaboration.

Supply Chain Planning Software 100

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Supply Chain Software 100

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. It is very important that you are able to objectively measure your progress toward the goal by collecting and interpreting data.

Optimal Sourcing 121

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 121

Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. The question was on “how to improve performance.”

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 322