RFgen

DECEMBER 19, 2024

Documentation and Compliance: Larger-scale operations require more complex documentation and compliance procedures. Material Flow: Optimize material flow patterns to accommodate increased volume without creating bottlenecks or excessive inventory. Track machine runtime to understand and optimize utilization rates.

Material Savings 92

Material Savings Resource Reduction Sourcing Strategies Inventory Reduction 92

Logility

AUGUST 5, 2021

But before you start measuring everything in sight – and a few things not in sight – start with a set of thoughtful intentions and questions that will guide you to the right set of metrics and the right set of expectations. Inventory-based KPIs probably make sense for you, but how will you benchmark results? That’s a trap.

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

Silvon Software

JUNE 23, 2020

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. Inventory Turns and Sales-to-Inventory Ratio. DSO – Days Sales Outstanding.

Manufacturing Procurement 111

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 111

RFgen

JANUARY 16, 2025

That’s where manufacturing inventory management software comes in. In this ultimate guide, we’ll break down everything you need to know about manufacturing inventory management software. Its your single source of truth for inventory, constantly updated and readily available.

Inventory Management Software 52

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

Logistics Bureau

DECEMBER 22, 2024

Unlike most of the KPIs we recommend, perfect order is a composite of several elementary metrics. Damage-free delivery: This measurement is sometimes incorporated into the in full KPI, but can just also be a stand-alone metric. What about DIFOT?

KPI 74

KPI Agile and Lean Supply Chain Supply Chain Strategy Supply Chain 74

My Office Apps

OCTOBER 21, 2024

What is Vendor Relationship Management (VRM) and Why It’s Essential for Your ERP and Inventory Software? Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Why is Vendor Relationship Management Important?

Vendor Strategies 98

Vendor Strategies Supply Chain Planning Software Procurement Solutions Optimization Software 98

ivalua

MAY 29, 2025

While procurement operates as a function within the broader supply chain, it has its own set of priorities for strategic sourcing in procurement, performance metrics, and specialized processes. These agreements often include performance metrics, sustainability requirements, and service-level expectations that are continuously monitored.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software 130

Supply Chain Shaman

MARCH 5, 2019

The focus is on functional metrics, but are unable to get to overall supply chain metrics. For example, only 29% of manufacturing companies can access total cost data and 31% struggle to see the impact of business decisions on inventory. Pictures, images, text, email, sentiment, contracts, documents are all areas of opportunity.

Supply Chain Design Software 339

Supply Chain Design Software Prescriptive Analytics Software Real-time Visibility Supply Chain Planning Software 339

Precoro

MAY 19, 2023

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Unleashed

MARCH 9, 2021

This is often managed with the help of supplier management software or inventory management software. That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play. Procurement metrics and KPIs allow organisations to measure results and guide best practice performance. Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

RFgen

DECEMBER 5, 2024

Keeping up with customer demands, managing inventory, and making sure everything runs smoothly — it’s a lot to handle. Must-have features, like real-time inventory tracking and barcode scanning. Automated Alerts: Receive alerts for low-stock or overstock situations, allowing you to proactively manage inventory levels.

Inventory Management Software 97

Inventory Management Software Supply Chain Design Software Optimization Software Supply Chain Planning Software 97

Logistics Viewpoints

JANUARY 23, 2024

The data is all anonymous, but retailers can look at metrics such as time to fulfill, pack time, conversions, and ship versus pick-up, to name a few, across hundreds of Active Omni customers. Infor is able to use its visibility application to dynamically update ETAs and look at the impact on inventory.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 298

Ware2Go

MARCH 27, 2025

Inventory shrinkage happens when your merchandise gets damaged or goes missing in a warehouse or in transit. Then, we’ll get into how the right technology and the right partnerships can safeguard your business against inventory shrinkage. What Is Inventory Shrinkage? billion in losses across the fiscal year.

Inventory Reduction 52

Inventory Reduction Inventory Cost Reduction Strategies Price Reduction 52

RFgen

JANUARY 8, 2025

In healthcare, efficient inventory management is paramount to patient safety. Modern medical inventory software offers a transformative solution, moving beyond outdated methods like spreadsheets and manual counts to provide real-time visibility and automated alerts.

Inventory Management Software 52

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

SCMDOJO

JANUARY 29, 2025

Supply chain reports are data-driven documents that provide key metrics and insights into various aspects of your supply chain, including: Inventory Levels Tracking stock levels in real-time to ensure adequate inventory to meet demand while minimizing holding costs.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Cost Reduction Strategies Waste Reduction 98

Freight Plus

MAY 13, 2025

These scorecards track things like delivery timing, order accuracy, shipment completeness, and compliance with shipping documentation. Failing to meet expectations can result in: Chargebacks Loss of preferred vendor status Smaller or fewer orders Strained retailer relationships These scorecards are not just internal metrics.

Optimal Sourcing 52

Optimal Sourcing Retail Real-time Visibility How To 52

Silvon Software

JULY 22, 2022

Fortunately, applying metrics to multi-source operational information that’s stored and managed in a data hubs greatly minimizes these issues. Supply chain metrics provide the intelligence needed to make better projections and more informed choices in such a market. Our Top 24 Supply Chain KPIs & Metrics.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

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

Logility

JANUARY 4, 2022

The partnership enables Logility customers to layer in Planalytics’ predictive demand metrics to better understand impacts across their customer base and proactively capitalize on sales opportunities created by favorable weather while mitigating risks when demand is negatively impacted. ATLANTA – Jan. 4, 2022 – Logility, Inc.,

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Demand Planning Software Analytics Software 130

Kinaxis

JULY 23, 2015

by Andrew Dunbar This post concludes my inventory management blog series. Throughout this series I’ve proposed an elevated role for the inventory manager that challenges the assumption that an inventory manager is a victim of his colleagues’ business decisions and plays only a limited role in formulating inventory results.

Inventory Management Software 100

Inventory Management Software Inventory Management Inventory Supply Chain Planning Software 100

Logistics Viewpoints

AUGUST 15, 2022

There are several hold types, but in Oracle the setting ‘Hold all new purchasing documents’ stops the ability to release any new purchase orders to a specific supplier site. For benchmarking metrics to be valid, they need to be based on a large sample. For benchmarking metrics to be valid, they need to be based on a large sample.

Supply Chain Network Software 310

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 310

Logistics Viewpoints

NOVEMBER 23, 2020

In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. The thinking goes that at some point, improving service levels means you are not adding inventory in a linear manner but rather exponentially. The company has visibility to demand and inventory.

Customer Service 246

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 246

RFgen

DECEMBER 19, 2024

Modern data collection is fundamentally supported by advanced specialized sensors that serve as the primary tools for gathering various metrics in manufacturing environments. Here’s a breakdown of the key data types: Production Metrics: These tell you how much you’re producing and how efficiently.

Manufacturing Procurement 98

Manufacturing Procurement Optimization Software Supply Chain Planning Software Inventory Reduction 98

Supply Chain Shaman

DECEMBER 17, 2018

Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015. Impact of Demand Sensing on Inventory Levels. The reason? The implementation was very successful.

Demand Planning Software 322

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 322

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement.

Case Study 305

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 305

GlobalTranz

JANUARY 4, 2017

Customer metrics. Lean is DAILY continuous improvement, pull systems to reduce inventories (versus push that increases inventory), Lean Six Sigma to improve quality to.003 The SLA is a living document. Shorten the SLA/KPI to be only critical issues, as listed: Cost Reduction, Service, Quality, Safety and Customer Metrics.

Modeling 261

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 261

SCMDOJO

MAY 26, 2025

Streamline Material Flow and Inventory Management Delays often begin when components are not where they need to be when required. Inventory systems must also reflect real-time conditions on the factory floor. Digital inventory tools that track consumption as it happens offer better visibility and control.

Supply Chain Planning Software 59

Supply Chain Planning Software Inventory Reduction Material Savings Resource Reduction 59

Demand Solutions

FEBRUARY 21, 2019

At this point, you may be saying to yourself, "but carrying excess inventory is expensive!" If your business is one of them, what is the basis for your "rule of thumb" metric? We can use well-documented formulas for calculating safety stock based on the standard deviation of the probability distribution. and you would be right.

Forecasting 189

Forecasting Modeling Forecasting Software Supply Chain Planning Software 189

Enterra Insights

JUNE 25, 2019

For the last few years, inventory shrinkage has annually cost U.S. ” Regardless of how inventory is lost, shrinkage costs retailers a lot of money. To reduce shrinkage, retailers need to have a strategy to address each of the ways inventory can be lost. Inventory shrinkage strategies. Somewhere between 1.5%

Inventory Reduction 100

Inventory Reduction Cost Reduction Strategies Inventory Expense Reduction 100

Supply Chain Shaman

JULY 3, 2015

Inventory Turns (15%) (based on 2014 results). Every year we identify the companies that best exemplify the demand-driven ideal for today’s supply chain and document their best practices, which can help all companies move closer to their demand-driven goals.” Leaders need to balance a portfolio of metrics.

Gartner 150

Gartner Supply Chain Software Demand Planning Software Modeling Software 150

Logility

MARCH 12, 2021

To really exploit your new data to gain an advantage, you need a clear analytical plan, specific metrics tailored to your situation, and an understanding of what analytics and reporting will help you the best. Descriptive analytics are the summary measures and metrics that provide insight. Why are our error metrics (MAPE, MAE, etc.)

Supply and Demand 192

Supply and Demand Prescriptive Analytics Software Demand Planning Modeling 192

ivalua

MAY 10, 2025

Compliance and Risk Management: The platform should help enforce policies with workflow automation, mitigate supplier risk using real-time analytics and AI, and support audit-readiness with centralized documentation and controls. Can Procurement Technology help with ESG and Compliance?

Procurement Solutions 130

Procurement Solutions Sourcing Strategies Optimal Sourcing Analytics Software 130

Logility

JULY 31, 2024

It becomes difficult to track and understand changes to the history and forecasts within these spreadsheets, and even more difficult to document assumptions behind the numbers. In this new approach, data can come in at any time during the week or month , and the forecast will be updated accordingly, with documentation to back it up.

Supply and Demand 191

Supply and Demand Forecasting Forecasting Software Supply Chain Planning Software 191

Logility

JULY 31, 2024

It becomes difficult to track and understand changes to the history and forecasts within these spreadsheets, and even more difficult to document assumptions behind the numbers. In this new approach, data can come in at any time during the week or month , and the forecast will be updated accordingly, with documentation to back it up.

Supply and Demand 195

Supply and Demand Forecasting Forecasting Software Supply Chain Planning Software 195

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 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

Logistics Viewpoints

SEPTEMBER 25, 2024

This allows businesses to automate compliance and provide operational transparency, reducing the need for manual interventions and documentation. In retail environments, IoT-enabled systems manage inventory levels and provide feedback about stock conditions, further enhancing the DPP’s accuracy.

Internet of things 284

Internet of things Real-time Visibility Supply Chain Network Software Supply Chain Design Software 284

GlobalTranz

JUNE 28, 2016

The benefits of outsourcing logistics processes to a third-party logistics provider (3PL) are well documented. As the world’s economy has become increasingly complex, it has become impossible for a single entity to control all of the warehousing, transportation and administrative tasks that come with shipping and managing inventory.

Supply and Demand 225

Supply and Demand Logistics Network Optimization Software Inventory Reduction Resource Reduction 225