Arkieva

AUGUST 8, 2016

Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030. The Sustainable Freight Action plan released by California governor Jerry Brown outlines a long-term 2050 vision and guiding principles for California’s future freight transportation system. Source: Commerce Dept.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Supply Chain Cowboy

MARCH 1, 2015

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Performance.

Vendor Strategies 40

Vendor Strategies Metrics Price Reduction Expense Reduction 40

QAD

JUNE 17, 2021

Even without a global pandemic and its aftershocks, manufacturing supply chains are often brittle and can break easily when disruptions occur, leading to over- or under-utilized resources, premium freight costs, inventory write-offs, lost orders and faulty decision-making.

Supplier Management 97

Supplier Management Supply Chain Planning Software Supply Chain Planning Supply Chain Software 97

Supply Chain Shaman

MAY 13, 2015

Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed. Instead, I think that it needs to be holistic to balance the trade-offs of source, make and deliver together. Figure 1: Definition of the Supply Chain Organization. Instead, they just happened.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

GlobalTranz

JANUARY 30, 2015

It is important to know who is providing the source data used to develop your KPIs. If you are using components of source data outside of either you or your provider’s control, what are the means of auditing its accuracy? The methods of evaluating metrics or developing KPIs vary significantly from company to company.

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

Cathy Roberson

APRIL 6, 2022

However, in defense of logisticians, perhaps the definition has evolved over the years thanks to the complexity of today’s supply chains and the adoption of cloud-based systems, AI, and machine learning. So, I went to where the experts hang out, Twitter (😉), and asked, “What's your definition of supply chain visibility?

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

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. By definition, this requires a global supply chain. Others argue the demise of global sourcing; might I add caution? Rail freight through Russia increased 40% last year.

Modeling 280

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

Unleashed

JANUARY 16, 2024

Landed cost is a crucial metric for understanding profitability at the product level. It includes any raw materials, freight, customs duties, insurance, warehousing, and related fees and overheads. The landed cost metric is helpful for businesses because it produces an accurate picture of a product’s total cost.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

Supply Chain Game Changer

NOVEMBER 14, 2018

The links between these nodes are the freight, transportation and logistics players who move the goods throughout the Supply Chain. Low cost sourcing is a predominant reason for this geographically dispersed network. Do they have a plan to get all of their energy needs from sustainable and renewable sources?

Waste Reduction 59

Waste Reduction Material Savings Resource Reduction Cost Reduction Strategies 59

IQMS

OCTOBER 18, 2019

Machine learning algorithms are finding these new patterns in supply chain data daily, without needing manual intervention or the definition of taxonomy to guide the analysis. Source: Machine Learning – A Giant Leap for Supply Chain Forecasting, Material Handling and Logistics Conference (PDF, 28 pp., no opt-in). no opt-in).

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. In order to compensate a long waiting time, Adidas uses air freight or courier service.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

The tight capacity and shipping downtime can increase rates and severely disrupt freight flow for months. Protectionist trade policies are also causing companies to shift their country sourcing practices, and there is no reason to believe that we will see geopolitical posturing along the trade front fade soon. Following the U.S.-China

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

Supply Chain Game Changer

NOVEMBER 19, 2018

Amazon FBA sometimes falls short in this crucial metric. At Red Stag, for example, we can add inserts and personalized marketing materials to your customers orders, or help you source uniquely branded boxes and even tissue paper with your company’s logo. In the process, they have expanded the definition of nexus.

Florida 43

Florida Sourcing Strategies Inventory Reduction Material Savings 43

Intelligent Audit

OCTOBER 19, 2022

The focus on visibility has generated an onslaught of transportation data — often from numerous sources. Shippers receive massive amounts of freight data, but they don’t always have the bandwidth to clean or standardize it. The data provided through freight audit payment services can create enormous opportunities for shippers.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Network Optimization Price Mitigation Strategies 52

The Logistics & Supply Chain Management Society

JULY 23, 2020

To create flexible and balanced supply chain organisation, it is necessary to integrate strategy, processes, metrics, and technology enterprise wide and across customers, suppliers, and service providers. Rethink the definition of “critical risk” with a focus on business purpose and social responsibility. CONCLUSION.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

Supply Chain Shaman

OCTOBER 7, 2012

When I think of the definition of the word agility, I think of Gumby, pictured here. One of the largest issues for organizations to drive supply chain agility is the lack of a commonly held and well-understood definition. In the supply chain, variability and volatility come from many sources. Defining Agility. Is it S&OP?

Supply Chain Design Software 229

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 229

Unleashed

APRIL 15, 2020

To help you understand the importance of tracking this metric we’ll illustrate several ways the value of your stock can change. But first, let’s look at some basic definitions. A key metric in inventory revaluation is Net Realisable Value. Imagine you are a toothpaste maker, sourcing raw materials from overseas.

Inventory Reduction 89

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 89

QAD

FEBRUARY 15, 2023

One thing is for sure — and more spreadsheets are definitely not the answer! A great plan must be executed against, and include financial metrics. It is possible some orders could be reducing margins, especially if additional overtime or premium freight is required to fulfill correctly.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 52

GlobalTranz

MAY 23, 2016

So, your organization has decided to explore the benefits and perks of less than truckload freight shipping. The dedicated TMS can further eliminate the frustrations that occur with typical full-truckload (FT) shipments and small package freight by combining all KPIs and available options into a single, comprehensive tool.

Freight 136

Freight Shipping Cost Reduction Strategies Inventory Reduction 136

Unleashed

APRIL 3, 2020

To help you understand the importance of tracking this metric we’ll illustrate several ways the value of your stock can change. But first, let’s look at some basic definitions. A key metric in inventory revaluation is Net Realisable Value. Imagine you are a toothpaste maker, sourcing raw materials from overseas.

Inventory Reduction 52

Inventory Reduction Inventory Purchasing Skills Cost Reduction Strategies 52

ToolsGroup

MARCH 9, 2021

And I—definitely we do that as well. If you look at all of the operational metrics here, the global PMI data, production and manufacturing activity, which includes supply chain activity, what we’ve seen—and what, you know, anybody can see—there’s been a classic V response on the manufacturing side. That’s the window.

Predictive Analytics Software 156

Predictive Analytics Software Supply Chain Planning Software Predictive Analytics Supply Chain Design Software 156

Supply Chain Game Changer

NOVEMBER 25, 2018

Source: Gartner. By definition the Peer group that is providing their Opinion scores is restricted to large companies voting on other large companies. Gartner Survey Metric Notes: 1. Gartner Opinion and Peer Opinion: Based on each panel’s forced-rank ordering against the definition of “DDVN orchestrator.”

Gartner 60

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 60

Logistics Bureau

JUNE 14, 2021

However, they have experienced significant difficulties in getting goods from one place to another and endured vastly inflated freight and transportation costs. Distributing control and power across the workforce, enabling individuals and teams to take definitive actions at the first indication of a threat to the supply chain.

Optimal Sourcing 57

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy 57

ShipBob

SEPTEMBER 3, 2021

A well-connected tech stack can include everything from inventory planning to returns management , to freight shipping solutions. For instance, ShipBob provides access to a wide range of distribution metrics that can help merchant calculate a perfect order metric , as well as other metrics to easily monitor performance.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Inventory Management Software 97

GlobalTranz

AUGUST 9, 2016

The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Metrics and Key Performance Indicators (KPIs) measure how well the shipper-transportation provider does in daily continuous improvement. Right Service. Problem-solving methods.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120

GlobalTranz

JANUARY 19, 2016

Outsourcing of Freight Data and Payment Management. Previously, rates were determined by freight classification. Yet, the IoT can be extended into the electronic logging devices, work reports, hours of service, and nearly any other metric that can be tracked for drivers, as explained by Gary Wollenhaupt.

Transportation Management 120

Transportation Management Trends Transportation Logistics Network Optimization Software 120

Supply Chain Game Changer

JANUARY 14, 2020

Source: Gartner. By definition the Peer group that is providing their Opinion scores is restricted to large companies voting on other large companies. Gartner Survey Metric Notes: 1. Gartner Opinion and Peer Opinion: Based on each panel’s forced-rank ordering against the definition of “DDVN orchestrator.”

Gartner 10

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 10

6 River Systems

JULY 25, 2019

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

Unleashed

SEPTEMBER 30, 2020

You can also use these metrics to benchmark against similar taprooms in your neighbourhood. Brewery software will capture all the costs of production, from raw materials to freight costs. Material costs is the price paid to acquire materials, such as ingredients and packaging materials, including tax and freight.

Price Reduction 104

Price Reduction Inventory Reduction Cost Reduction Strategies Expense Reduction 104