Supply Chain Shaman

AUGUST 11, 2015

To ensure clarity, let’s start with a definition. In the survey, supply chain risk management is defined as the proactive identification and assessment of potential risks to the supply chain along with the development of strategies to avoid these risks and avoid supply chain disruption.

Supply Chain Design Software

Supply Chain Shaman

APRIL 18, 2023

In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. While many might clap their hands and exclaim the end of three-years of unprecedented supply chain disruption, I say, “Not so fast.” The ride is uphill, but the visibility is low. What is normalcy?

Supply Chain Planning Software

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

Procurement Analytics

Supply Chain Opz

APRIL 16, 2015

Agile Supply Chain concept has been discussed widely but the definition can be a bit vague. In this article, we will explain how agile supply chain theories were developed and 7 ways to create agility in your organization.

Agile and Lean Supply Chain

Supply Chain Opz

JANUARY 7, 2013

Supply chain disruption such as the natural and man-made disasters can be serious. So this section will explain some characteristics of Apple Supply Chain through various metrics and compare them with Amazon Supply Chain. Is Apple Supply Chain Really the No. Inventory Turnover.

Case Study

DELMIA Quintiq

MAY 17, 2022

Many organizations are still struggling to understand and implement basic Sales and Operations Planning processes to cope with supply chain disruption. Unfortunately, the definitions of S&OP and IBP are often confusing as they seem to be both distinct and overlapping processes. There’s a clue in the name.

S&OP

Logility

FEBRUARY 4, 2021

A Roadmap for Designing an Enterprise that Thrives During Supply Chain Disruptions . You’ve made it to the final installment of our series on building a supply chain that can thrive, not merely survive, during crises and curve balls. Congratulations! That demonstrates a certain amount of resilience on your part!

Supply Chain Design Software

Supply Chain Shaman

OCTOBER 25, 2021

Change internal metrics to a balanced scorecard and force the functions to work better together. Today’s supply chains respond, but they do not sense. We are very early in the definition of outside-in processes. As a result, in this time of increased variability, organizations are more reactive. What to do?

Analytics Software

Supply Chain Shaman

OCTOBER 25, 2021

Change internal metrics to a balanced scorecard and force the functions to work better together. Today’s supply chains respond, but they do not sense. We are very early in the definition of outside-in processes. As a result, in this time of increased variability, organizations are more reactive. What to do?

Analytics Software

ToolsGroup

DECEMBER 21, 2015

The number of companies is growing that are saying that their forecast accuracy, service levels and inventory efficiency metrics have hit a ceiling that they just can’t get past. Whether you read the analyst reports or listen to planners talk about their jobs, it’s all the same: metrics and KPIs are stuck. Here’s why.

Forecasting

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement

Unleashed

MAY 1, 2023

The definition of inventory control chart is a chart that displays the lifecycle and replenishment factors of a product being sold by a business. In reality, supply chain disruptions, seasonality, and Christmas can greatly affect sales and deliveries. The Y axis of an inventory control chart represents order quantities.

Inventory Reduction

Kinaxis

NOVEMBER 15, 2016

The reality is, there’s never going to be one perfect answer that doesn’t involve some level of tradeoff across conflicting metrics and objectives. Bringing a social aspect to the supply chain allows for human judgement to be brought into play. There is a definite need to involve informed people.

Supply and Demand

Unleashed

AUGUST 20, 2023

There are many definitions for lead time in supply chain management. Lead time includes both the time it takes to complete the standard process tasks and any delays that might occur due to various factors, such as supply chain disruptions, machine downtime, or unexpected quality issues.

Manufacturing Procurement

QAD

JUNE 17, 2021

Do your systems and processes support a resilient and evolved supply chain? By using QAD’s Integrated Supplier Management diagnostic tool, manufacturers can assess their supply chain efficiency and agility and get definitive answers. . This helps them comprehend their ability to cope with supply chain disruption.

Supplier Management

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. The inventory turnover ratio measures how often stock is sold and replaced over time.

Inventory Reduction

Supply Chain Opz

JUNE 1, 2014

Definitely, they use a computerized systems and electronic data interchange to connect the stores and the central processing system. - Intel ''s new product development is done by the process called Technology Roadmap. Wal-Mart ''s "Every Day Low Prices" is the strategy mentioned in many textbooks.

Case Study

Material Handling & Logistics

SEPTEMBER 13, 2017

Early data shows that most supply managers believe that Hurricane Harvey, which caused widespread destruction in south Texas and the closure of the Port of Houston, will impact supply chains in coming months. Effective communication should help enable effective collaboration.

Negotiating Skills

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

By crafting a well-defined strategy, businesses can mitigate transportation costs, mitigate supply chain disruptions, and uphold customer satisfaction. With the above information on hand, the procurement team can proceed with Scope Definition to clearly define the transportation services required.

Optimal Sourcing

Precoro

FEBRUARY 12, 2024

Objectives of liquidity management are to ensure that the business has cash on hand to fulfill its financial obligations and weather the storm during both anticipated and unexpected events, like supply chain disruption or abrupt drop in sales, without enduring significant losses. How do companies assess liquidity?

Optimal Sourcing

QAD

FEBRUARY 12, 2025

Thus, it definitely enhances decision-making. You need to know what the data sources of your business are, as well as agree on the data sets and metrics to maintain consistency and avoid errors. In demand planning, its crucial that everyone is working with the same data sets and being measured by the same metrics.

Supply and Demand

Supply Chain Matters

FEBRUARY 17, 2023

According to a published report by S&P Global Market Intelligence , more than one in five listed S&P 500 Companies increased their earnings-per-share metric by a least 4 percent by the third quarter of last year. The reality is that Apple , like others, succumbed to too much supply network fulfillment exposure in a singular country.

Supply Chain Transformation

Taulia

JULY 5, 2021

As demand for the movement of goods across the globe and rapid delivery expectations become the norm, businesses seek ways to simplify their supply chain management. This article elucidates VMI, starting with a concise definition before discussing the difference between VMI and traditional inventory management.

Vendor Strategies

HICX Solutions

OCTOBER 13, 2020

He adds, “One of the definitions I use is that supply chain management is all about the management of upstream and downstream relationships.”. Therefore, in order to support ‘Procurement for resilience, not just cost,’ Richard believes that success metrics for underpinning Procurement’s performance will also have to evolve.

Manufacturing Procurement

Supply Chain Brain

JUNE 25, 2018

Now add to the burden of compliance the huge costs associated with supply-chain disruptions, and long-lasting damage to brands. to a particular task must be preceded by a definition of the term. come to the rescue? It has managed to seep into just about every other aspect of corporate operations. Perhaps A.I.

Analytics Software

HICX Solutions

OCTOBER 13, 2020

He adds, “One of the definitions I use is that supply chain management is all about the management of upstream and downstream relationships.”. Therefore, in order to support ‘Procurement for resilience, not just cost,’ Richard believes that success metrics for underpinning Procurement’s performance will also have to evolve.

Manufacturing Procurement

Logistics Bureau

JANUARY 1, 2025

Balanced Scorecard: A system of performance measurement using a structured combination of metrics. D Days of Inventory: A metric revealing the average time a company holds its inventory (in days) before selling it. Cost and Freight (CFR): An incoterm used in international freight shipping. See also Stock.

Supply Chain Planning Software

American Global Logistics

JULY 19, 2023

It assesses supply chain conditions by integrating transportation costs and manufacturing. This helps to provide a comprehensive summary of potential supply chain disruptions. First, let’s refresh our memory with a definition of LMI. It considers trade, inflation, and other global business trends.

Logistics Network Optimization Software

FLEXE

MAY 4, 2017

For the supply chain, the definition of “bimodal” is parallel to project management. Mode 1 in the supply chain pertains to operations that manage the known disruptions—seasonality or updating WMS systems. Metrics May Vary. To that end, traditional metrics used to measure success won’t always apply.

Supply Chain Design Software

Supply Chain Shaman

MARCH 9, 2020

A decline in consumer sentiment, increasing market turmoil, and pending supplier shortages means one thing for the supply chain: disruption. Could it be, “How to help supply chain planners be more effective?” By definition, in the current state, supply chain planners work in a lose/lose environment.

Supply Chain Design Software

Enterra Insights

JUNE 21, 2021

While definitely better than value extraction, value exchange still falls short because the parties’ focus is to optimize within their own four walls.” ” Collaboration forces an organization to optimize the entire value chain (i.e., However, it is important to propagate these metrics vertically.”

Modeling

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. Supply chain disruption. What is inventory revaluation?

Inventory Reduction

BlueYonder

JANUARY 3, 2023

After almost three exhausting years of back-to-back supply chain disruptions, it would be nice to think that someday we’ll return to a “normal” state where demand patterns were easily predictable, supply conditions were consistent and consumer expectations were stable.

Supply Chain Planning Software

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. Supply chain disruption. What is inventory revaluation?

Inventory Reduction

Exiger Perspectives

APRIL 3, 2023

This called on stakeholders across industries, academia, the nonprofit community, labor, and state and local government to reinvent the country’s supply chains as resilient, diverse and secure engines of economic prosperity and national security.

Supply Chain Risk Management

Precoro

MARCH 28, 2025

The cost control definition covers the following steps: Budget Planning A well-defined budget serves as a foundation for cost control. Not only that—if the company suddenly faces unexpected challenges (recession, supply chain disruptions , or equipment failure), it can quickly cover the cost with minimal damage.

Cost Reduction Strategies