QAD

FEBRUARY 7, 2023

This requires establishing KPIs and specific metrics of success to assess performance against. Outsourcing: When you trust a supplier, you can transfer to them time-consuming activities like managing inventory levels or certain aspects of customer service.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

GlobalTranz

OCTOBER 21, 2015

It can take months to negotiate a complex SLA/KPI document, as you go back and forth with your logistics provider so the document becomes a “win-win” for both parties. For example: Inventory Record Accuracy has to be 98-100% accurate daily. All KPIS have metrics to measure. All KPIS have a target percentage to meet.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

SupplyPike

APRIL 10, 2020

Your buyer may also need to work on directing inventories to more active locations. With demand so high for a lot of key products, you’ll need to closely monitor short-term and long-term demand and inventory. Another solution is to create inventory reserves. Utilizing technology. Other considerations.

Supply Chain Planning Software 98

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

Unleashed

MARCH 31, 2021

You’ll see that the KPIs in both supply chain management and logistics are very similar, in that they often track the movement or storage of inventory. A lean business looking to build efficiencies would do well to try and improve this metric. Inventory days of supply. Inventory days of supply. Freight bill accuracy.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

Turvo

SEPTEMBER 16, 2021

Another study by the EPA, titled Fast Facts on Transportation Greenhouse Gas Emissions , noted that “according to the Inventory of U.S. Greenhouse Gas Emissions and Sinks 1990–2018 (the national inventory that the U.S. Turvo helps everyone on the network improve critical supply chain metrics through carrier analytics.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Analytics Software Supply Chain Network Software 70

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. Increase Communication with Partners .

Supply Chain Design Software 52

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

Freight Plus

MARCH 20, 2020

Come up with a set of internal metrics that will go towards eliminating problem areas. 5, Technology: Vendor Compliance Programs and the scorecards they're graded against are no longer simply about document transfer. Retailers expect their partners to use and be proficient with modern inventory management tools.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Freight Plus

MARCH 20, 2020

Come up with a set of internal metrics that will go towards eliminating problem areas. 5, Technology: Vendor Compliance Programs and the scorecards they're graded against are no longer simply about document transfer. Retailers expect their partners to use and be proficient with modern inventory management tools.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Freight Plus

NOVEMBER 7, 2019

Part one of a five-part series on the hidden benefits you can expect from working with a digital freight management company like Aborn & Co. This popular metric helps buying and finance teams justify capital outlays as they bring on new products and services. With a TMS, all these human capital drains are automated and measurable.

Cost Reduction Strategies 40

Cost Reduction Strategies Supply Chain Planning Software Expense Reduction Supply Chain Software 40

Talking Logistics

JULY 19, 2013

Con-way Freight Raises the Bar on Mexico Service, Adds Door-to-Door Tracking, 24-Hour Customer Resource Center, Enhanced Web Tools. Evenex has “over 3,000 customers exchanging more than 375,000,000 documents every year and is the leading and preferred business-to-business integration provider in Denmark.”.

Logistics Network Optimization Software 130

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

Zipline Logistics

APRIL 20, 2020

Pragmatic analysis can uncover opportunities to make improvements that can help control inventory and manage costs. By having enhanced visibility into crucial logistics processes, ingredient shippers can increase efficiencies, reduce cost, shorten time to market, and improve inventory management. Increase Communication .

Cost Reduction Strategies 52

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

GlobalTranz

JUNE 18, 2015

Companies that integrate reverse logistics systems into their logistics systems distinguish themselves from competitors in: effective management of inventory availability and cost. meaningful and accurate performance metrics. reverse logistic cycle time control. responsiveness to fluctuating market demands. customer satisfaction.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

6 River Systems

OCTOBER 14, 2022

Without it, your inventory stays on the shelf, and your customers look elsewhere to get what they need. Inventory management techniques. It involves: Inventory management. Other items that are heavy or bulky must be shipped via freight , and that requires access to a whole different network of specialists. Warehousing.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

GlobalTranz

FEBRUARY 13, 2015

While they may save money on unskilled labor and by achieving economies of scale, they ultimately will pay more because of longer lead times, increased inventories, the need for more management resources for planning and logistics, and constraints on their ability to respond quickly to changing demand. Research first.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Strategy 120

Freight Plus

NOVEMBER 28, 2018

Come up with a set of internal metrics that will go towards eliminating problem areas. Vendor Compliance Programs and the scorecards they're graded against are no longer simply about document transfer. Retailers expect their partners to use and be proficient with modern inventory management tools. Technology. Relationships.

Vendor Strategies 40

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 40

Material Handling & Logistics

DECEMBER 2, 2018

Top 10 Supply Chain Innovations of 2016 : robot pickers, bridge-inspecting drones, autonomous freight shuttles, and more. Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. Supply Chain Innovators of 2013 : paperless food chain, VLMs, cold chain fleet management, and more.

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Innovation 110

Logistics Viewpoints

APRIL 21, 2021

What is the Perfect Delivery Metric? The perfect delivery includes four elements: order completeness, timeliness, condition, and documentation. Improving on this metric will always involve a focus on people and processes, but often also includes implementing new, more robust, supply chain applications.

Sourcing Strategies 233

Sourcing Strategies How To Supply Chain Design Software Supply Chain Planning Software 233

GlobalTranz

OCTOBER 27, 2015

Let's talk about the outputs, or desired metrics worth measuring, in each category of what a logistics company might provide. Cerasis is squarely focused on transportation management through technology and managed services , however, there are logistics companies who offer fulfillment, warehousing, freight forwarding, and more.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Unleashed

DECEMBER 20, 2022

It has a number of cross platform features, including approvals, reporting, budgets, archive, accounting sync and inventory sync, as well as tools such as intelligent data extraction, automated bookkeeping, 3-way matching and auto reconcile statements. Users say: “The system saves them time, has an easy-to-use interface and is cost-effective.”

Forecasting Software 98

Forecasting Software Inventory Management Software Analytics Software Predictive Analytics Software 98

Unleashed

APRIL 15, 2020

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation?

Inventory Reduction 89

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 89

synchrono

DECEMBER 18, 2017

With eKanban implementations, this can be any number of problems including excess materials on hand, slow inventory turns, too much scrap and more. For an eKanban project, this would involve documenting the flow of the current, manual Kanban process. For example, they were literally logging 7 miles a year to track down inventory!

Inventory Reduction 104

Inventory Reduction Waste Reduction Expense Reduction Vendor Strategies 104

Kinaxis

FEBRUARY 22, 2018

Among the many supply chain initiatives taking place today, vendor-managed inventory (VMI) has become an increasingly effective process and business model to help organizations share risk and information between vendors and customers — while benefitting from lower stockouts, reduced uncertainty and lower costs. Lower order volatility.

Vendor Strategies 150

Vendor Strategies Inventory Reduction Beverage Modeling 150

The Logistics of Logistics

FEBRUARY 22, 2013

Key Process Indicators vs. Metrics. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). A key process indicator (KPI) is a metric that you have chosen that will give an indication of your performance and can be used as a driver for improvement.

Cost Reduction Strategies 101

Cost Reduction Strategies KPI Price Reduction Expense Reduction 101

Unleashed

APRIL 3, 2020

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation?

Inventory Reduction 52

Inventory Reduction Inventory Purchasing Skills Cost Reduction Strategies 52

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Unleashed

FEBRUARY 28, 2023

Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process. Receiving efficiency is a useful warehousing metric that helps business owners determine whether their receiving process needs improvement. What is receiving efficiency?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

QAD

OCTOBER 24, 2023

Even when the spend analysis is diligently maintained, the associated supplier information primarily pertains to purchase details such as timing and originator, rather than vital supplier attributes like OTIF performance, ESG performance , quality metrics, financial stability, and other crucial factors.

Supplier Management 94

Supplier Management Procurement Solutions Optimal Sourcing Supply Chain Network Software 94

Turvo

JULY 27, 2021

A report based on a survey by Finances Online found that the most critical inventory management practices for companies were forecasting (61.3%), warehouse management (50%), logistics (46.8%), and back-end technology (32.3%). And technology can go a long way in promoting end-to-end visibility, including: Inventory visibility.

Real-time Visibility 90

Real-time Visibility Supply Chain Software Supply Chain Network Software Analytics Software 90

Logistics Viewpoints

MARCH 31, 2022

The industry’s well-documented labor shortages are not ending anytime soon. We wanted to see inventory positions around the world compared to our forecast, compared to our actual demand. Digital Freight Bidding. Our primary carriers are now at 90%, up from 75%, while our spot market use has gone from around 2.5%

Logistics Network Optimization Software 205

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Supply Chain Network Software 205

The Lean Supply Chain

AUGUST 5, 2015

It can take months to negotiate a complex SLA/KPI document, as you go back and forth with your logistics provider so the document becomes a “win-win” for both parties. Both parties will know how the partnership is moving along based on hitting the targets in this SLA/KPI document. Not everything is costs or price discussions.

Negotiating Skills 40

Negotiating Skills Logistics Network Optimization Software KPI Six Sigma 40

ShipBob

NOVEMBER 15, 2021

By scrupulously maintaining inventory levels , honing operations, and securing fast shipping options, your business will always be in a position to meet customer demand quickly. Luckily, ShipBob had the fulfillment center space to store that inventory, and the capacity to start shipping orders in just 3 days. Inventory management.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

Unleashed

JANUARY 16, 2023

There are supply chain management, shipping documentation, and accounting duties to worry about. 3PL providers are often equipped with the latest and greatest when it comes to inventory tools and software. The 3PL provider updates the new stock levels in their inventory management system. Simplified global expansion.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

Unleashed

APRIL 12, 2023

B2B fulfillment, also called business-to-business fulfillment, is when one business supplies inventory to another business or retailer, either to use within the business or for resale to their customers. Fulfilling these high-stake orders often requires longer lead times, considerable planning, and detailed documentation.

Supply Chain Planning Software 52

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

Supply Chain Shaman

OCTOBER 7, 2012

Q: Is it only inventory disrupting the agility resulting from inaccurate forecasts by S&OP? There are seven primary agility levers: Analysis of Form and Function of Inventory: Form of inventory is the decision of what form to hold the inventory in: raw material, semi-finished good or finished good. Is it S&OP?

Supply Chain Design Software 226

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 226

Zipline Logistics

JUNE 30, 2020

Accessibility — The ability of a carrier to provide service for a freight order. Accessorial Charges — Fees added to a freight bill for additional services that the carrier might provide. Air Freight — Transportation of products via air transportation methods. ATA — Actual time of arrival. ATD — Actual time of departure.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Strategy 52

GlobalTranz

JUNE 1, 2015

A company in need of lean manufacturing practices tends to be easy to identify, typically displaying multiple of the following symptoms of operational deficiency: Inventory amasses in buffer stocks. Inventory records, product specs, shipping documents contain errors. Holding areas are maintained for excess inventory.

Manufacturing Procurement 120

Manufacturing Procurement Waste Reduction Agile and Lean Supply Chain Inventory Reduction 120

Supply Chain Game Changer

JANUARY 29, 2020

Under this regime, the primary responsible party in the freight market will be the vessel owner or operator. million metric tons annually. New fuel will likely cost more than current bunker fuels and fuel surcharges will likely be added by carriers & its expected to increase freight rates by at least 15% to 30% in 2020.

Cost Reduction Strategies 67

Cost Reduction Strategies Virgin Islands Price Reduction Inventory Reduction 67