SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

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

SupplyPike

APRIL 10, 2020

Times are tough, so we’ve gathered some guidelines to help your supply chain get back on track, or at least to shore it up during these challenging times. Supply chain visibility is crucial during this time, and as such, paper documents are out. Digitization of paperwork helps with managing supply chain risk and visibility.

Supply Chain Planning Software 98

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

Supply Chain Game Changer

OCTOBER 4, 2022

A successful “management mindset” aims to carefully regulate firm budgets, maintain production and logistic operations on track, supervise production processes, and simplify regulations and guidelines throughout the duration of a project. Distribution Network And Manufacturing Performance Metrics.

Manufacturing Procurement 81

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 81

Precoro

DECEMBER 11, 2023

By establishing requirements and formalizing them in a corporate sustainability strategy document, teams can significantly limit the number of potential suppliers. The sourcing team, in cooperation with procurement specialists and management, establishes performance metrics (KPIs, key performance metrics) and monitors sourcing success.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Precoro

SEPTEMBER 4, 2023

The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity. The cash conversion cycle is a significant financial metric for retailers and manufacturing companies involved in buying and managing inventories and selling them to customers.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

ThroughPut

APRIL 28, 2020

Production monitoring : This feature allows users to become familiar with issues within capacity planning by using metrics to understand production flow and status. Here are some guidelines which can help in making this decision: 1. Here are some guidelines to ensure a good success rate for manufacturing Capacity Planning: 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

ThroughPut

APRIL 28, 2020

Production monitoring : This feature allows users to become familiar with issues within capacity planning by using metrics to understand production flow and status. Here are some guidelines which can help in making this decision: 1. Here are some guidelines to ensure a good success rate for manufacturing Capacity Planning: 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

ThroughPut

APRIL 28, 2020

Production monitoring : This feature allows users to become familiar with issues within capacity planning by using metrics to understand production flow and status. Here are some guidelines which can help in making this decision: . Here are some guidelines to ensure a good success rate for manufacturing Capacity Planning: 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

Supply Chain Game Changer

NOVEMBER 9, 2022

Adequate preparation: You can fast-track the process for your consultant by getting all the documents ready before their arrival. Follow-up : Instead of taking the backseat, you should have metrics that help you tell the performance of your consultant. Their input acts as the guidelines that ensure your business performs efficiently.

Resource Reduction 86

Resource Reduction Expense Reduction Price Mitigation Strategies Supply Chain Strategy 86

Enterra Insights

MAY 25, 2021

Joe Labbe, Vice President of business development at KnowledgeLake, notes, “The vast majority of the data running through RPA automations originates or terminates with a document. 4] He discusses five common ways companies use RPA to enhance document processing. Document Acquisition. jumpto’) to Necessary Documents.

Demand Planning Software 130

Demand Planning Software Guidelines Sourcing Strategies Supply and Demand 130

QAD

MAY 16, 2019

The Automotive Industry Action Group (AIAG) and Odette International are releasing the fifth version of the Materials Management Operations Guideline/Logistics Evaluation (MMOG/LE) assessment this summer. supplier selection and assessment, new product launch, use of metrics in the supplier assessment process).

Supply Chain Planning Software 101

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 101

Precoro

MARCH 31, 2023

International standards: International standards, such as the ISO 14001 and ISO 26000 , provide guidelines for companies to establish and maintain sustainable practices. The Global Reporting Initiative (GRI) is a widespread framework that provides a comprehensive set of guidelines for sustainability reporting.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

SupplyShift

SEPTEMBER 10, 2021

With travel limitations and strict health guidelines in-place, in-person audits were nearly impossible to conduct. If they don’t have any policy information or documentation and struggle to provide adequate responses to your questionnaires, they are likely your high-risk suppliers.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Vendor Strategies Supply Chain Network Software 52

SupplyShift

SEPTEMBER 10, 2021

With travel limitations and strict health guidelines in-place, in-person audits were nearly impossible to conduct. Whether it’s GHG emissions, labor rights, or deforestation, the majority of your suppliers should report that they measure those metrics and, as a result, implement the appropriate policies. How to Iterate Assessments.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Vendor Strategies Supply Chain Network Software 52

Supply Chain Trend

DECEMBER 22, 2023

These are rough guidelines. Documenting recurring decisions like this creates alignment and transparency in the decision process, increases decision speed and reduces analytics waste for human centric decisions. Decision quality will become a performance metric in IBP. These metrics remain mostly in the sphere of control of IBP.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

SCMDOJO

DECEMBER 11, 2023

By assessing supplier performance metrics, such as on-time delivery, quality, and responsiveness, companies can identify high-performing partners and address issues with underperforming ones. This document fosters transparency, accountability, and streamlined processes within the procurement function.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Kanban Logistics

FEBRUARY 27, 2020

This is standard practice in line with guidelines set by the International Warehouse Logistics Association (IWLA). While there are standards and guidelines for warehousing contracts, adjustments and negotiation are always possible. Each metric must also have a target or goal which denotes success (e.g., Everything is negotiable.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

Elementum

JANUARY 16, 2024

Software and Tools for Automation There are several different software and tools available for process automation, including workflow orchestration, intelligent document processing (IDP) , and RPA platforms. Develop guidelines for designing and implementing BPA processes.

Sourcing Strategies 78

Sourcing Strategies Optimization Software Analytics Software Predictive Analytics Software 78

My Office Apps

MARCH 31, 2020

Embracing remote-work opportunities can deliver positive changes to business metrics, including reduced expenses and increased productivity, but requires a willing and motivated shift in perspective from management and staff. Until then, please take care of yourselves, follow all the guidelines, and do your best to remain healthy.

Meeting 54

Meeting Modeling Software Expense Reduction Guidelines 54

My Office Apps

MARCH 31, 2020

Embracing remote-work opportunities can deliver positive changes to business metrics, including reduced expenses and increased productivity, but requires a willing and motivated shift in perspective from management and staff. Until then, please take care of yourselves, follow all the guidelines, and do your best to remain healthy.

Meeting 52

Meeting Modeling Software Expense Reduction Guidelines 52

My Office Apps

MARCH 31, 2020

Embracing remote-work opportunities can deliver positive changes to business metrics, including reduced expenses and increased productivity, but requires a willing and motivated shift in perspective from management and staff. Until then, please take care of yourselves, follow all the guidelines, and do your best to remain healthy.

Meeting 52

Meeting Modeling Software Expense Reduction Guidelines 52

Unleashed

MARCH 6, 2023

A marketing plan is a commercial document that outlines a business’s strategic positioning, ambitions, and tactics to achieve its goals. This can then be aligned with budgets, resources, other planning documents and external factors (such as news or political events). What is a marketing plan?

Beverage 52

Beverage Food Resource Reduction Cost Reduction Strategies 52

Elementum

FEBRUARY 7, 2024

Strategic implementation includes establishing a clear communication plan, setting performance metrics, and preparing the staff for the transition towards automated processes. Regulatory compliance involves developing processes that adhere to laws, guidelines, or specifications relevant to the organization’s operations.

Cost Reduction Strategies 78

Cost Reduction Strategies Supply Chain Software Predictive Analytics Software Resource Reduction 78

Unleashed

NOVEMBER 5, 2023

The GS1 General Specifications is the core standards document of the GS1 system that describes how GS1 barcodes and identification keys should be used. These steps provide a general guideline for setting up a barcode inventory system in your business. Define the barcode functions. Select your barcode hardware and software.

Inventory Management Software 52

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

GlobalTranz

JANUARY 23, 2018

They are the percentage of orders delivered to the right place, at the right time, in the proper condition, in the right package, with the right documentation, to the right customer, with the correct invoice and in the correct quantity. Perfect orders are just that, perfect. Service Supply Chains Will Dominant the Market.

Supply Chain Software 191

Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy Logistics Network Optimization Software 191

Exiger Perspectives

MARCH 30, 2023

This metric doesn’t directly extend to your supply chain attacks but instead has more to do with your program and organization. Governance and Compliance Governance principles should serve as the guideline for TRADES implementation. Lastly, you should also conduct a crown jewel assessment.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Risk Management Supply Chain Software Supply Chain Network Software 52

Precoro

SEPTEMBER 2, 2022

A good manager can also guarantee sourcing security by introducing guidelines and tools for managing supplier relationships. They also utilize procurement management tools to streamline processes and centralize databases, documents, and financials but fragmentize responsibilities. Reduced risk. Then come the people. Three-way matching.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

Unleashed

JUNE 25, 2023

Here’s how categories work in ABC analysis: A = Items that account for 70–80% of total inventory value B = Items that account for 15–20% of total inventory value C = Items that account for 5% of total inventory value These percentages are only guidelines. Document your full cycle count process for future reference.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Optimization Software 52

Kinaxis

FEBRUARY 22, 2018

The VMI concept is well documented with a real-world example in Michael Hammer’s best-selling book, Reengineering the Corporation. Here are some best practice guidelines for the food and beverage industry to consider when addressing its own unique challenges. Lower order volatility. Higher customer satisfaction.

Vendor Strategies 150

Vendor Strategies Inventory Reduction Beverage Modeling 150

Unleashed

MARCH 24, 2024

Takt Time Takt time is a metric which measures how many units you will need to produce each day to meet customer demand, without overstocking or under delivering. To document your procedures in such a way, you would need to think about: Each step in the production process. Relevant safety guidelines. Inventory turnover.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

GlobalTranz

JUNE 1, 2015

ISO publishes guidelines for conformance to its standards. Inventory records, product specs, shipping documents contain errors. In addition, establishing a well-rounded set of metrics, set up self-monitoring metrics that hold individuals accountable for tracking their own levels of participation in the lean program.

Manufacturing Procurement 120

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

TrackVia

MARCH 26, 2024

Once the issue is resolved, the ticket is closed, and the resolution is documented for future reference. Finally, the system should provide robust reporting and analytics capabilities, allowing managers to track key metrics such as ticket volume, response times, and customer satisfaction scores.

Analytics Software 105

Analytics Software Optimization Software Sourcing Strategies Resource Reduction 105

Supply Chain Game Changer

JANUARY 20, 2020

They are the percentage of orders delivered to the right place, at the right time, in the proper condition, in the right package, with the right documentation, to the right customer, with the correct invoice and in the correct quantity. Perfect orders are just that, perfect. Service Supply Chains Will Dominate the Market.

Supply Chain Software 62

Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Strategy 62

6 River Systems

JUNE 29, 2020

Establishing protocols, metrics, organizational owners, and related processes can empower organizations to respond more effectively when faced with a crisis.” “Additionally, a bevy of new laws, regulations, standards, and guidelines are put in place regularly to help stymie issues that crop up all along the chain of supply.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Supply Chain Game Changer

NOVEMBER 15, 2018

They are the percentage of orders delivered to the right place, at the right time, in the proper condition, in the right package, with the right documentation, to the right customer, with the correct invoice and in the correct quantity. Perfect orders are just that, perfect. Service Supply Chains Will Dominate the Market.

Supply Chain Software 49

Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Strategy 49

ivalua

JANUARY 12, 2023

By gathering data on process performance, costs associated with each task, and other metrics related to the team’s overall performance, leaders can make more informed decisions about how best to streamline their processes and improve collaboration across departments. . Conclusion.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Optimal Sourcing Cost Reduction Strategies 130