The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

GlobalTranz

AUGUST 18, 2016

Modern distribution technology has significantly changed how suppliers get their products to end-users, and consumers are driving changes in how Distributors use technology to better their business processes. New Distribution Channels Are Forming Online and in Traditional, Brick-and-Mortar Stores.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Optimization Software Analytics Software 120

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

Logility

OCTOBER 6, 2021

For fashion companies, for example, supply chain traceability solutions document the chain of custody of your goods and inputs from the cotton source to the importer of record. They want to be confident that they are not hurting the environment or supporting unfair labor practices with their purchases. Transaction Documentation.

Optimal Sourcing 130

Optimal Sourcing Network Optimization Vendor Strategies Supply Chain Optimization 130

Logility

AUGUST 25, 2021

NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2022. million for the same period last year, reflecting our continued transition to the Software as a Service (SaaS) engagement model. ATLANTA (August 25, 2021) American Software, Inc. million compared to $0.8 New Generation Computing, Inc.

Supply Chain Planning Software 130

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software Demand Planning Software 130

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

crisp

SEPTEMBER 22, 2023

Accessing the latest sales and inventory data directly in tools like Google Cloud significantly reduces staff time spent pulling reports from disparate retail vendor portals. Prior to Crisp, CPG brands report spending hours per day manually downloading retail and distributor reports and uploading them into data warehouses.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Waste Reduction Vendor Strategies 52

Logility

OCTOBER 29, 2021

To optimize throughput and capacity utilization, process manufacturers must effectively manage inventory, apply predictive analytics, and gain supply chain transparency through digital transformation. Predictive analytics uses artificial intelligence tools that provide not only real-time data but historical information as well.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

SupplyPike

APRIL 10, 2020

Distribution centers are overrun and fairly chaotic right now trying to prioritize and fulfill orders, so be mindful of DC appointments and collect ready times to avoid OTIF or ORAD fines. You’ll need to work with your buyer on revising their purchasing plans to favor high demand items. Forecasting.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

OptiProERP

JANUARY 17, 2023

Suppliers can log into a portal to see purchase orders at any time, and the supply chain module can monitor how suppliers are performing. Managers can also take a look at the effectiveness of the supply chain with reports on key performance indicators. Job Costing. It determines what materials are needed and when you need them.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Manufacturing Negotiating Skills 52

Unleashed

AUGUST 29, 2023

In manufacturing, inventory management software is also used to track parts, raw materials, and production documents – such as a bill of materials and work orders – through the supply chain. The purchasing manager can then create a purchase order for the required goods and send it to your supplier.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 52

QAD

AUGUST 16, 2022

Supplier visibility provides analytics and insights to inform your strategy. QAD SRM delivers the tools to improve real-time communication and procurement processes and to counteract supply risks. At the same time, procurement organizations can collaborate on accurate and current supplier intelligence.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 92

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

Unleashed

NOVEMBER 2, 2023

It is the process of determining future demand for products, how those products will be manufactured to meet that demand, and the manufacturing metrics that will measure success. A production schedule is a document that tells manufacturers which goods need to be produced, when they need to be produced, and the production methods.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

The Logistics & Supply Chain Management Society

JUNE 10, 2021

One misfiled declaration, missing document, or unread urgent email can block a shipment. In-fact delayed shipment may even change the consumer mind, who may cancel their order mid-transit and purchase from a competitor. Global trade disruption will continue to happen beyond the pandemic. Joseph Lim. Sales Director APAC.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Strategy 246

Logistics Viewpoints

MARCH 20, 2023

This January the company reported that its annual recurring revenue grew at over 84% year-over-year. A graph database stores nodes and relationships instead of tables, or documents. You need to model the company’s competitors, end consumers, and the demographics of customers in Texas versus New York.” Gottemukkala asserts.

Supply Chain Planning Software 209

Supply Chain Planning Software Modeling Software Procurement Solutions Demand Planning Software 209

ShipBob

NOVEMBER 6, 2023

Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

QAD

JANUARY 19, 2023

Supply chain management is typically broken into three large buckets of intricate processes and roles: Concept: the full cycle, from sourcing and procurement to fulfillment. This integration of supply and demand requires a special mix of business operations, procurement, accounting, and production.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 93

NC State SCRC

JANUARY 18, 2018

Here is a sample of the type of projects our MBA and Engineering students are working on this semester, proving again that NC State is all about “THINK AND DO” (in our case, executing on practical applications in the real world using robust supply chain analytical approaches). MUFG Union Bank Strategic Performance Metrics.

Vendor Strategies 40

Vendor Strategies Optimal Sourcing Inventory Reduction Resource Reduction 40

EMERGE App

DECEMBER 25, 2023

These challenges encompass Purchasing, Production Planning, Sales-Distribution, Inventory Management, Warehousing Management, Human Resource Management (HRM), and Finance. This importance is magnified, especially in the wholesale distribution industry. Are you an import/ export business?

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Procurement Solutions Inventory Management 52

Precoro

APRIL 1, 2024

With e-invoicing, the process of generating and distributing invoices is automated – meaning neither the vendor nor the buyer has to key in or send anything manually. Impaired productivity : Receivers of invoices must manually cross-check them with the corresponding purchase orders (POs) and receipts.

Procurement Solutions 105

Procurement Solutions Modeling Software Supply Chain Network Software Inventory Management Software 105

3PL Insights

OCTOBER 24, 2017

Amazon is on the forefront of automation in the warehouse , currently using 45,000 Kiva Robots, after purchasing the company Kiva Systems in 2012 (they’re now renamed “Amazon robots”). Metrics: Autonomous vehicles have sensors to automatically gather data, which can be uploaded to various applications, hosted onsite or in the cloud.

Warehousing 112

Warehousing Inventory Reduction Predictive Analytics Software Supply Chain Software 112

Zipline Logistics

JANUARY 26, 2021

Pragmatic analysis can uncover opportunities to make improvements that can help control inventory and manage costs. By having enhanced insight into crucial logistics processes, healthcare shippers can increase efficiencies, reduce cost, shorten time to market, and improve inventory management. Leverage Vital Logistics KPIs.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 52

Logistics Viewpoints

NOVEMBER 23, 2020

Ipsen purchased the RapidResponse supply chain planning product from Kinaxis. Further, previously Ipsen had done distribution in-house. Internal distribution was not aligned with the growing volume of shipments they would need to support. One failure, for example, related to an importation document that did not arrive on time.

Customer Service 192

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 192

Supply Chain Game Changer

AUGUST 18, 2022

A Vendor, also called a supplier, is a person or company who purchases goods and services – from distributors or directly from manufacturers – and resells these items to other businesses or the final consumers. Also, the contract becomes valid and enforceable only when both signs the original documents.

Vendor Strategies 93

Vendor Strategies Negotiate Pricing How To Negotiating Skills 93

GlobalTranz

MARCH 23, 2016

All activities are documented by a team recorder. It typically describes how a process should consistently be executed and documents current ‘best practices.’ These metrics would, of course, be aligned and are updated every hour. Specific metrics: process metrics and outcome metrics. Paso Robles, CA.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

TrackVia

MAY 25, 2023

With a solution like TrackVia, warehouse operations can benefit from increased visibility and control by leveraging real-time monitoring and comprehensive reporting capabilities. As an example, Leaf Home was able to expedite data sharing, and efficiently track their logistics and distribution efforts. Can Low-Code Work for You?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Design Software 52

SCMDOJO

DECEMBER 28, 2023

According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices. This report highlights that 97% of respondents anticipate AI impacting product development and manufacturing. #2

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Demand Planning Software 74

ShipBob

SEPTEMBER 29, 2021

Procuring inventory. Procurement refers to sourcing merchandise on time to meet demand, and it affects the ways your online retail business activities (like sales, inventory management, and distribution) can be performed. . Less visibility over the procurement phase can also result in missed opportunities to optimize.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52

Precoro

MAY 8, 2023

With over 1,000 students, the school purchases a lot of supplies for students as well as office supplies for the administration. We had the chance to discuss the school's initial approach to procurement compared to its new, automated process using software with Caroline Hickey, Business Associate at CCPCS.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Price Reduction Vendor Strategies 52

Precoro

NOVEMBER 23, 2022

Three-way matching is an essential step in the procurement flow process that involves cross-referencing three critical documents – purchase order, receipt, and vendor invoice – to determine whether an invoice should be paid. First, the corresponding purchase order is located. What Is Three-Way Matching?

Procurement Solutions 98

Procurement Solutions Pricing Training Procurement Analytics Purchasing Skills 98

Ware2Go

APRIL 5, 2022

Last mile carriers like UPS go to great lengths to find the most efficient route from the fulfillment center to their final destination to both lower costs for shippers and decrease their carbon footprint. By adopting a distributed fulfillment network, merchants can offer their customers 1 to 2-day ground shipping.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Supply Chain Network Software Modeling Software Purchasing Skills 98

NC State SCRC

DECEMBER 27, 2020

Our research team in the Poole College has continued to work on the problem of how best to distribute COVID tests during a nationwide and global shortage of tests, as pandemic cases continue to grow. This report remains a “work in process” as new information is developed over the course of this research project. [1] 1] [link]. [2]

Modeling 52

Modeling Manufacturing Procurement Supply Chain Planning Software Procurement Analytics 52

Bristlecone

JUNE 1, 2021

With service level agreements getting more complex and distribution centers turning to automation, embracing technology that optimizes and simplifies warehouse management is the smart way forward. It comes with functionality like layout and process-oriented warehouse storage control, resource management and reporting. Document removal.

SAP 52

SAP Warehousing Procurement Solutions Inventory Reduction 52

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. This can include freight forwarding and documentation management. It also ensures that resources are used efficiently.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

ShipBob

FEBRUARY 6, 2023

From the actual packing process to the documentation process, you can find plenty of options to help you automate your packing tasks. As such, they can help to minimize labor costs while boosting packing efficiency and speeding up the fulfillment process. Additionally, they come with powerful analytics and forecasting abilities.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Optimization Software Predictive Analytics Software 52