SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. These functions include procurement, production planning, inventory management, logistics, and customer service. Analyzes data to predict future inventory requirements and avoid stockouts.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Veridian Solutions

SEPTEMBER 20, 2018

Greater control and efficiency in modern warehouse management rests on the reliability and accuracy of your inventory management processes. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Which Inventory Management KPIs Are the Best? Dozens, if not hundreds, of KPIs can exist for every activity.

Inventory Management Software 45

Inventory Management Software Inventory Management Inventory Reduction Optimal Sourcing 45

The Logistics of Logistics

JULY 14, 2013

To effectively and efficiently manage a warehouse, you need to use warehousing KPIs. Below is a listing of commonly used warehousing KPIs. KPI is an acronym for key performance indicators (or key process indicators). Selecting Warehousing KPIs. Types of Warehousing KPIs.

Warehousing 168

Warehousing KPI Just-in-Time Inventory 168

SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. Examples of such analyses include the performance of a supply chain or the inventory levels of a warehouse. What are some examples of Supply Chain Analytics?

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

RFgen

APRIL 18, 2023

Not only does the bottom line suffer, but your warehouse teams must devote considerable time to processing returns and fixing wrong orders. Overhead swells in direct proportion to misships, adding greater expense for return shipping fees, overnight and same-day ordering, wasted inventory, chargebacks , wages, and loss of customers.

Optimization Software 52

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

GlobalTranz

OCTOBER 27, 2015

In our first post in the series, we set the mindset of the shipper by going over the 9 key topics to understand about effective KPI management and followed that post with the 7 strategic performance business practices to track and 4 KPI problems to solve. . At times, an audit of the percentage behind KPIs will be necessary.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

EazyStock

SEPTEMBER 25, 2018

These apps help companies achieve every business process from tracking inventory and shipments to booking meetings with clients to tracking tasks and projects. EazyStock – Inventory Optimization Software. Fancy KPI dashboards show you how you are stacking up month to month and call out areas where there is room to cut costs.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 78

crisp

DECEMBER 15, 2021

A good KPI to track for this goal might be a low out of stock (OOS) rate. But on the other hand, retailers also want to maintain a low average inventory to avoid excess costs. Once you’ve set your strategy and KPIs, it’s time to use process mapping to define the steps that will help you achieve those goals.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

GlobalTranz

JULY 7, 2015

This excess of inventory can often pose as a problem when companies already have a long list of issues to tackle to remain relevant in the market. Further, this allows for the technology to check carriers sites every 2 hours for these documents for continual updates and visibility. All of it is created within the technology.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Material Savings 120

Locus Robotics

DECEMBER 18, 2023

By Mary Hart Warehouse managers face immense pressure to fulfill rising order volumes quickly and accurately. Adopting warehouse automation is the best thing you can do to handle these challenges, and the pathway to get there is lit well thanks to those who have automated before. Battling high turnover?

Warehousing 52

Warehousing Purchasing Training Expense Reduction Analytics Software 52

Unleashed

JANUARY 10, 2023

That’s why you need to ensure you’ve got systems in place to collect key data relating to purchasing, logistics, inventory, and sales. Or, if you’re a middle-man retailer or wholesaler, how you manage your warehouse. Is the layout of your warehouse logical and designed for maximum productivity?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

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.’ To start you must have the KPI's visual along the value stream. In order to be daily, the KPIs need to get down to ownership by the workers within the value stream.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Logistics Bureau

JUNE 12, 2017

Do you know that over 60% of businesses do not have a documented Supply Chain Strategy! 4 – Fixing Warehouse Capacity Issues. Many companies start to worry that as their warehouses start to reach capacity, that they’ll need to start planning for new ‘larger’ facilities. 6 – KPIs – Getting it Right.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Design Supply Chain Strategy Supply Chain Planning Software 40

Unleashed

FEBRUARY 28, 2023

Creating efficient warehousing processes can result in less downtime, lower running costs, and better customer service. 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.

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

GlobalTranz

JUNE 14, 2017

Inventory Accuracy. This is a simple key performance indicator (KPI), another name for metrics, to track. It refers to the in-stock or out-of-stock accuracy of supplier inventory. This KPI should be as high as possible, reflecting accurate inventory available for customers from suppliers. Forecasting Accuracy KPIs.

Procurement Analytics 191

Procurement Analytics Omnichannel Metrics Supply Chain Design Software 191

Logistics Bureau

JULY 18, 2022

As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy. Warehouse facilities and proximity. Inventory levels. Warehouse management systems (WMS). Inventory optimization software. Delivery service levels.

Inventory Reduction 88

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction Strategies 88

RFgen

AUGUST 5, 2020

Too many companies still rely on manual data collection processes for handling inventory. Tracking inventory in the warehouse, shop floor or out in the field using paper checklists, spreadsheets, data entry into the ERP, or using no system at all, is not effective. Mobile inventory software with additional functionality.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 82

Unleashed

MARCH 9, 2021

This is often managed with the help of supplier management software or inventory management software. The undamaged supplier shipment metric can be used as a KPI to determine if the cycle time for the deliveries to customers is increased when the damaged shipment rate is high. Warehouse space utilisation.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

RFgen

AUGUST 5, 2020

Too many companies still rely on manual data collection processes for handling inventory. Tracking inventory in the warehouse, shop floor or out in the field using paper checklists, spreadsheets, data entry into the ERP, or using no system at all, is not effective. Mobile inventory software with additional functionality.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 52

6 River Systems

OCTOBER 12, 2020

From investing in smart automation solutions like collaborative mobile robots to improve warehouse productivity to route and supplier optimization and outsourcing logistics to a 3PL , there are several strategies that can help companies reduce logistics costs. Now, this does not just come down to the staff in the warehouse.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

Zipline Logistics

JUNE 30, 2020

Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance. Bill of Lading (BOL) — A legally binding document between a shipper and carrier that details all the information needed to process a freight shipment. Handling Costs — The cost of moving or transferring inventory.

Supply Chain Planning Software 52

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

Logistics Bureau

OCTOBER 31, 2016

If so, prepare to be surprised, because it doesn’t get any more basic than this: Your company must have a documented and commonly understood supply chain strategy. All inbound shipments should be checked against delivery documentation and purchase orders. Inventory Management in the Warehouse. “What?”

Supply Chain Design Software 40

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Supply Chain Strategy 40

DELMIA Quintiq

NOVEMBER 13, 2018

If Britain becomes a non-EU member and leaves the customs union, however, importers and exporters would have to fill in up to nine additional documents. And it also costs money to do inventory control and audits. Additional manpower to work in the warehouse will be required, too. So all in all, storage is not really an option.

Automotive 136

Automotive Supply Chain Planning Software Scenario Planning Agile and Lean Supply Chain 136

Logistics Bureau

MAY 24, 2019

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. The only way Intel could find to make supply chain cost reductions was to bring this cycle time down and therefore reduce inventory.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

6 River Systems

FEBRUARY 25, 2019

From raw materials sourcing to warehouse operations , logistics technology , order fulfillment and beyond, there are dozens of points throughout the supply chain, all of which contribute to overall supply chain efficiency. Jake Rheude is the Director of Marketing for Red Stag Fulfillment , a fulfillment warehouse born from eCommerce.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55