Remove Data Remove Inventory Remove Metrics Remove Workshop
article thumbnail

Supply Chain Planning Software Vendor Selection: What they Won’t Tell You

Logility

Whether your definition of value includes on-time, in-full (OTIF), inventory reduction or optimization, transportation spend, speed of decision making, supply chain costs, net working capital, or a myriad of other value measures, you know your business better than anyone. Common mistakes to avoid It’s easy to get overwhelmed.

article thumbnail

Bridge the Gap Between Executive Alignment & Supply Chain Performance

Logility

For example, executives might underestimate the impact of accurate demand forecasting on reducing inventory costs, resulting in insufficient investment in necessary tools and technologies. Without these shared metrics, the vision for success might differ between the two, causing further misalignment.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Your supply chain is costing you money – Reason #10 Failure to adequately train your supply chain planning staff

Kinaxis

Reason #6 Not effectively managing inventory. Reason #7 Making decisions based on bad data (supply chain data accuracy). Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. A bad decision can result in missed orders, significant inventory, or scrapped materials.

article thumbnail

Shipping Perfection Unlocked: The Insider’s Playbook to Outsmarting Misships and Winning Customer Loyalty

RFgen

Overhead swells in direct proportion to misships, adding greater expense for return shipping fees, overnight and same-day ordering, wasted inventory, chargebacks , wages, and loss of customers. Schedule regular refresher courses or workshops to reinforce best practices and keep staff up to date. Look for trends.

article thumbnail

3 companies tell you their success with Quintiq

DELMIA Quintiq

The Quintiq solution ensures that DHL eCommerce’s routes are already planned each morning based on previous data. The average delivery time of four to six days is now down to two to three days by moving inventory closer to the end consumer with multiple fulfillment locations. Read their quick stories below. DHL eCommerce.

article thumbnail

Changing Mental Models

Supply Chain Shaman

I also had the opportunity to speak at the GHX conference and facilitate a leadership workshop on the required changes for implantable devices. Here are some of the quotes from the workshop I led yesterday that helped me to better understand the industry: “A process born out of chaos is chaos. Lose sight of the patient and outcomes.

Modeling 236
article thumbnail

Think Differently. Drive New Outcomes. Let Us Help You Build A Guiding Coalition.

Supply Chain Insights

At this time of year, we find many companies planning workshops to stimulate thinking on building a digital supply chain and igniting next-generation supply chain thinking. Use our Metrics That Matter methodology to look at improvement and performance. We keep all the data confidential and share the insights. Summer is ending.