Arkieva

JULY 9, 2020

Stand Alone Inventory Management (SAIM) is the traditional inventory management that immediately comes to mind which includes tasks such as good inventory data and reporting, safety stock, reorder, and measuring the inventory position against KPI.

Inventory Management Software 78

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory 78

Silvon Software

JUNE 1, 2023

Remember that you can update your KPI selection at any time, so remain open to replacing ineffective metrics. The most important aspect to remember is that KPIs should align with your business strategy. To integrate the data for reporting and analysis, consider the use of a data hub so everyone’s working with the same numbers.

S&OP 92

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 92

DELMIA Quintiq

MARCH 4, 2021

Viterra processes large amounts of data daily to support its worldwide supply chain of farmers that produce and supply grains, oilseeds, pulses, rice, sugar and cotton across the globe. The new initiative helps improve the transparency of Viterra’s processes, a vital benefit for the globally trading company.

Optimal Sourcing 296

Optimal Sourcing Supply Chain Planning Software Scenario Planning Global 296

Enchange Supply Chain Consultancy

MARCH 3, 2021

Who coined that irritating term “Big Data”? How did we get there without normal sized data, slightly larger data, chubby data and bordering on big data? People working in or associated with extended Supply Chains may seem obsessed by data yet data itself actually tells you nothing, absolutely nothing.

Data 130

Data Supply Chain Big Data Supply and Demand 130

Silvon Software

SEPTEMBER 26, 2023

In this 3-minute post, we examine some key business objectives and cascading KPIs that can be used to analyze performance to the objectives. While many of the KPI examples focus on performance management for manufacturing and distribution businesses, they also apply to numerous other industries with similar operational structures.

Procurement Analytics 93

Procurement Analytics Optimal Sourcing Manufacturing Procurement Inventory Reduction 93

RFgen

MAY 16, 2023

That’s why most inventory handlers leverage data. The role of data analytics in optimizing inventory management processes has become increasingly important. This rising importance reinforces the need for high-quality data capture. But your analytics is only as good as the underlying data. Enter automated data collection.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

SupplyOn

JANUARY 23, 2018

But when it comes to KPIs, this easily leads to data confusion rather than data enlightenment Those who have already tasted Mille-Feuille, a tasty French dessert, know how delicious this pastry can be. You know better than anyone else in your organization where you stand regarding the KPI Mille-Feuille.

KPI 40

KPI Analytics Software Just-in-Time Modeling Software 40

Requis

NOVEMBER 3, 2022

Enterprises need a KPI t hat transforms supply chain s to be more circular in resource consumption and management . The circularity ratio is the latest KPI which can revolutionize the circular economy. A simple, practical, easy-to-implement KPI is needed that promotes moving from linear waste systems to circular supply chains. .

KPI 52

KPI Global Benchmarking Metrics 52

Logistics Bureau

OCTOBER 20, 2021

By now, you are probably wondering what airliners have to do with supply chain KPIs. 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. If so, please bear with us, because the link is not as tenuous as it might appear.

Supply Chain Design Software 79

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 79

Silvon Software

FEBRUARY 23, 2023

As powerful tools to support these initiatives, both Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs) are metrics that can be used to monitor business performance and track potential risks. Not surprisingly, many question whether KRIs and Key Performance Indicators (KPIs) are one in the same.

Procurement Analytics 63

Procurement Analytics KPI Analytics Software Supply Chain Planning Software 63

DELMIA Quintiq

OCTOBER 19, 2021

Increasing planning quality and visibility with smart algorithms and KPI based planning, allows Lufthansa Cargo to handle more cargo in the same facilities with better on-time performance, making it both a booster for efficiency as well as customer satisfaction.

Supply Chain Planning Software 296

Supply Chain Planning Software Analytics Software Supply Chain Network Software Optimization Software 296

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

Logility

AUGUST 14, 2023

2 Identify data availability and data gaps. Certain categories of data should be available or must be available for specific types of supply chain technology implementations. The presence — or absence — of required data is going to have an impact on the metrics being used to measure the success of the project.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Procurement Solutions 202

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

Intelligent Audit

FEBRUARY 2, 2021

A strong carrier network can ensure the supply chain runs as planned, and consists of the use of analytics platforms to retrieve data and yield actionable insights. Transportation Data and Actionable Insights Enable Real-Time Resilience and Increased Throughput. KPI Creation Tips Increasing Logistics Performance Management.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Analytics Software Data 52

Logility

APRIL 2, 2020

Rewarding good performers based on objective data. Lastly, develop Key Performance Indicators (KPIs) around those measures. A good KPI will be measurable against some benchmark or criteria. It’s relatively easy to identify a large number of KPIs to monitor – but it can be a lot harder to capture the data you’ll need.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

AIMMS

FEBRUARY 16, 2021

These are: End-to-end visibility: integrate with live data and gain visibility into detailed flow data of product availability and customer demand, as well as KPIs. They wanted to be more flexible in their planning prioritization and make decisions based on data rather than gut feeling.

Modeling 311

Modeling Scenario Planning Supply Chain Planning Software S&OP 311

The Logistics & Supply Chain Management Society

MARCH 14, 2023

In today’s commercial environ, we are quite fortunate in that these qualitative insights can often be reinforced with more quantitative data. As data is more readily available and as these tools evolve with a longer and larger dataset, the concerns around the accuracy of the information they provide are less questionable.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

QAD

APRIL 18, 2023

The new feature that pushes supplier quality KPI data to Supplier Relationship Management (SRM) for supplier scorecards is also a major improvement, helping suppliers to track and manage their performance. Summary of Major Enhancements Here is a summary of the major enhancements in QAD EQMS 2023.

Supply Chain Design Software 93

Supply Chain Design Software Supply Chain Planning Software KPI Quality 93

Precoro

JULY 16, 2023

Performance and Reliability of Contracted Suppliers This KPI is a reflection of how efficiently the company cooperates with the contracted suppliers. Emergency Purchase Rate This KPI helps purchasing managers measure how successful they are at handling unforeseen procurement needs.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Supply Chain Game Changer

MARCH 2, 2022

By improving last-mile visibility with cutting-edge analytics software, you can boost your business’ productivity and customer satisfaction and loyalty, as well as benefit from accurate KPI benchmarking. As such, data-driven corrective steps can easily be implemented to optimize routes and keep customers updated about ETAs.

Real-time Visibility 88

Real-time Visibility Predictive Analytics Software KPI Optimization Software 88

BlueYonder

MARCH 22, 2024

Yet, amidst the excitement, a note of caution was sounded about the ethical use of data and the importance of maintaining customer trust. It’s a powerful tool, but its success hinges on the ethical sourcing and use of data. Making the best decisions to optimize and balance all dimensions of KPI is the retail holy grail.

Optimal Sourcing 100

Optimal Sourcing Trends Las Vegas Supply Chain Software 100

Silvon Software

JULY 22, 2022

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Why is KPI tracking so important in supply chain management? Customer Order Cycle Time. Days Sales Outstanding (DSO).

Metrics 80

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 80

ivalua

AUGUST 21, 2022

Data-driven approaches in which all parts of the supply chain are readily available to heads of procurement is essential for extracting actionable insights and crafting effective spend management solutions. Changing policies and attitudes regarding labor practices, the environment, and other pertinent issues, all play a role.

Sourcing Strategies 240

Sourcing Strategies Optimal Sourcing Sustainability Supply Chain Strategy 240

DELMIA Quintiq

JUNE 1, 2021

It comes with access to new data through a different lens and context. Being forced or choosing to look at more data, and ultimately the information stemming from it, in a different light permits one’s ability to decide on a new course of action. Companies are overloaded with data so collecting more does not seem to enable agility.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Supply Chain Planning Software Modeling Optimization Software 156

DELMIA Quintiq

JANUARY 11, 2021

A comprehensive digital planning solution like DELMIA Quintiq S&OP centralizes all enterprise-wide data and facilitates demand forecasting with in-depth statistical analysis capabilities. It enables wire and cable manufacturers to integrate overall supply chain visibility In order to enable planning agility and flexibility.

Modeling 268

Modeling Scenario Planning Optimization Modeling Supply Chain Optimization 268

Supply Chain Game Changer

JULY 21, 2021

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Cash to Cash Cycle Time (Cash).

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Logistics Bureau

NOVEMBER 8, 2021

But perhaps surprisingly, in our work, we come across a substantial number of businesses that struggle with KPI selection and use. If yours is not one of those businesses, and you’re confident in your KPI suite and the relevance of the data it provides, congratulations! What Makes a “Right” KPI? You’re in a good place.

Benchmarking 67

Benchmarking KPI Supply Chain Strategy Supply Chain Software 67

SCMDOJO

FEBRUARY 20, 2023

Optimizing inventory can also be achieved by leveraging technology and data analytics. By analyzing historical sales data, businesses can identify trends and patterns in customer demand, enabling them to make informed decisions about which products to stock and in what quantities. Logistics KPI Dashboard Excel Template 4.

Inventory Reduction 106

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 106

Silvon Software

JUNE 23, 2020

Remember that the KPI you want to measure today, may not be the one you want to measure tomorrow. Assessing DSO is another key supply chain metric – one for which you’ll need AR data that’s generally easy to access. I address this particular KPI is more detail later below. Past Due Orders. Perfect Order Rate.

Manufacturing Procurement 85

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 85

Intelligent Audit

DECEMBER 10, 2020

That’s why shippers need to track shipping data and the supply chain KPI values that affect both throughput and financial stability. We will take a closer look at the leading throughput supply chain KPIs needed for success for this two-part series. The so-called perfect order metric is the ideal supply chain KPI.

Supply Chain Software 52

Supply Chain Software KPI Supply Chain Optimization Supply Chain Strategy 52

BlueYonder

APRIL 9, 2024

as siloed entities will not only yield less accurate data and a failure to promise deliveries to consumers, but it will probably incur more costs for less returns while taking much longer. Each of these individual elements tick the parallel KPI boxes of saved money, lower emissions, and improved customer satisfaction.

Optimal Sourcing 102

Optimal Sourcing Sustainability Material Savings Waste Reduction 102

GlobalTranz

JANUARY 4, 2017

Metric: Goal/KPI: Zero quality reports upon the receipt of goods at Warehouse or ultimate consumer; Embedded 3PL rep to help improve 3PL service by monitoring 3PL deliveries and daily service. Leading/lagging indicators: KPIS for continuous improvement in problem/process issues; collaboration, transparency, and partnering.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

Silvon Software

MARCH 3, 2023

Key to that is understanding what you should measure to assess your S&OP effectiveness, where to set your Key Performance Indicators (KPIs) and the most optimal methods you should use to analyze your data to improve performance.

S&OP 101

S&OP Procurement Analytics Supply and Demand Analytics Software 101

RFgen

AUGUST 12, 2020

Warehouse automation in the form of mobile barcoding and data collection are vital technologies for survival in a pandemic climate. In each, warehouse automation technologies, such as mobile barcoding and automated data collection , have helped companies reduce spend and improve KPI performance.

Beverage 55

Beverage Supply Chain Software Food Supply Chain Design Software 55

SCMDOJO

SEPTEMBER 2, 2021

However, they don’t want to form any decisions without the proper data. And so, they track an array of metrics such as KPIs. The post Top 16 Procurement KPI – The Ultimate Guide appeared first on SCMDOJO. Procurement. Continue reading.

KPI 52

KPI Procurement Analytics Procurement Metrics 52

RFgen

AUGUST 12, 2020

Warehouse automation in the form of mobile barcoding and data collection are vital technologies for survival in a pandemic climate. In each, warehouse automation technologies, such as mobile barcoding and automated data collection , have helped companies reduce spend and improve KPI performance.

Supply Chain Software 52

Supply Chain Software Beverage Food Supply Chain Design Software 52