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Track the Supply Chain Metrics that Really Matter

Precoro

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

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Best Logistics Management Software: Everything You Need to Know Before Making a Purchase Decision

ThroughPut

77% of the world’s largest ports are still facing backlogs, and that doesn’t just affect your logistics efficiency and costs, it impacts your entire supply chain and business. That is why logistics management software (LMS) is so much more today than what it used to be. What is Logistics Management Software And How Does It Work ?

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Best AI Tools for Supply Chain and Logistics: The Ultimate Guide for 2024

ThroughPut

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Best AI Tools for Supply Chain and Logistics 1.

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17 Key Inventory Metrics & KPIs for 2023

Unleashed

Great inventory management comes down to good systems, good processes, and constant improvement. The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them?

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Demand Forecasting in the new normal

SYSPRO Smarter ERP

Manufactures are continuously faced with the challenge of forecasting how much (raw material) to purchase and how much (finished goods) to produce. Failure to effectively address this challenging question can result in enormous inefficiencies caused by misalignment of demand and supply throughout the supply chain.

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What is Order Processing? How it Works & Key Methods

Unleashed

The first step in a standard order processing system is the verification of a customer order which often includes a check to confirm there is sufficient inventory available to fulfil the order. Tracking: Order tracking systems keep the customer updated on the journey of their purchase, ensuring transparency until the order is delivered.

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The State of the Trucking Market in 2021

GlobalTranz

billion in spending on e-commerce, and as the demands grow, there will inevitably be a marked increase in business-to-business e-commerce as well. Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? Increasing fuel costs also play into the available capacity woes.?