Supply Chain Shaman

AUGUST 11, 2016

I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. About twice a month, companies ask me to review their strategy documents. Use channel data and orchestrate supply chain policy to improve outcomes. Build Segmented Customer Strategies: Tie Strategy to Policy/Execution.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

Unleashed

APRIL 10, 2023

Opportunities include underutilised workers, excess inventories , and ineffective processes. TQM relies heavily on data and performance metrics to make decisions about change. Document-centric BPM: documents that are created, used, and revised within the business.

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste 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

Exiger Perspectives

APRIL 3, 2023

The metrics of the Executive Order deem the need for a strong supply chain risk management framework in business ecosystems. Program: Develop and maintain policies and procedures with actionable guidance on how to measure and track indicators of transparency over time. Strategic: Agree to and document a broad risk appetite statement.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

Unleashed

OCTOBER 31, 2023

The three key areas where you can implement WFO in your manufacturing activities are: Production Inventory Scheduling Let’s look at a few ways you can optimise these processes. You can optimise your workforce by applying inventory optimisation techniques to workforce management.

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Talking Logistics

MARCH 2, 2016

Here are some recommendations: Identify and document the root causes of poor supply chain visibility. no metrics, operate in functional silos). Define and document Supply Chain Mapping business processes. We do not approve or authorise any production of Rip Curl products out of North Korea.”

North Korea 100

North Korea Supply Chain Visibility Logistics Network Optimization Software Supply Chain Software 100

Enterra Insights

MARCH 28, 2019

Even when companies have been generally successful in reducing the number of imperfectly fulfilled orders, the high cost of the very small percentage of orders that aren’t filled completely, on time, damage-free and with all proper documentation and invoicing remains a vexing problem.”[1] Most models stop short at minimizing costs.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Design Software Modeling Supply Chain Network Software 100

Supply Chain Trend

DECEMBER 22, 2023

In that order, because we first have to be able to orchestrate and digitize the decision process, including all data, plans, parameters, and decision policies that feed into it, before we can augment or automate. It should be easy for the human to provide goals and automation and decision policies to the machine.

Supply Chain Planning Software 78

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

Unleashed

AUGUST 18, 2021

Read more: The 10 inventory management trends to watch for in 2022 Reverse logistics is another name for a backwards supply chain What steps make up the reverse logistics process? Having a transparent and fair returns policy is an important first step. This means the cost of returns must be factored into the pricing of your goods.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

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

QAD

MAY 16, 2019

The MMOG/LE assessment has been a go-to document for automotive supply chain best practices for thousands of global Tier 1 and Tier 2 suppliers since its first publication in 2002. More emphasis on risk management and contingency plans throughout the supply chain including a cybersecurity policy. or need help managing the process.

Supply Chain Planning Software 100

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 100

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 clarity is vital for assessing compliance with internal policies, industry regulations, and ethical standards.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Kanban Logistics

FEBRUARY 27, 2020

It’s home base for sophisticated eCommerce operations, high-velocity retail distribution, vendor managed inventory, and a variety of other services. Multi – channel capabilities : The WMS can manage inventory and orders related to both B2B and B2C simultaneously. Vendor-managed inventory (VMI). Cross docking.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

Precoro

OCTOBER 10, 2022

Keep reading to learn in detail about the top 13 most crucial procurement metrics, how to track them, and what to focus on to drive the most value to your company. Inventory KPIs: Inventory Aging, Inventory Turnover Ratio. What Are Procurement KPIs, and Why Use Them? Cost Avoidance. Quality KPIs. Compliance Rate.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

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

TrackVia

MAY 4, 2023

Tip 2: Foster Collaboration, Engage with Communities, Stay Informed, and Document Your Work – Week 2 Forge robust relationships with your organization’s IT department and other crucial stakeholders. Collaboration ensures that your applications comply with company standards, security measures, and regulatory requirements.

Resource Reduction 97

Resource Reduction Inventory Management Software Supply Chain Network Software Optimization Software 97

Supply Chain Shaman

JULY 22, 2016

On an ongoing basis I view supply chain strategy documents. This includes: new product launch forecasting, seasonal inventory targets, demand affinities, push-based inventory strategies, demand shaping activities (price, promotion, run-out strategies, sales incentives, trade incentives), and turn-based volume. What is it?

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

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

Precoro

NOVEMBER 20, 2023

They were worried that with a manual approach, data entry and creation of procurement documents would be time-consuming and prone to errors. The software sends prompt notifications to approvers through the system and emails them when a new document waits for their decision. According to Ms. "User setup is simple.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Biotech Optimal Sourcing 52

NC State SCRC

NOVEMBER 5, 2016

Contract analytics can provide a summary view on performance and pricing deviations, risks, statistics (expiry, renewal and pending), procurement and sales metrics. Contract Management systems can also provide insights as to outstanding terms and conditions, and which are out of line with corporate policies.

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 40

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

Supply Chain Trend

JULY 22, 2018

For Our Company, S&OP Is Operations (O) and Inventory without Involving Sales (S)! What Do You Mean “Document Assumptions”? When It Comes to Metrics for S&OP, “One Size Fits All.”. S&OP Is the New Name for ERP. To Make S&OP Work, We’ll Need New Software. Make to Stock, Make to Order: Makes No Difference.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Modeling Software 60

EHS Sustainability Knowledge at Work

NOVEMBER 16, 2018

To start, it is important to have a solid understanding of exactly what chemicals are being used at each facility – and what compliance documentation is required for each chemical, including waiver documentation, if appropriate. Then there’s the option to create charts and graphs to help analyze chemical inventory metrics.

Chemicals 45

Chemicals Sustainability Demand Planning Software Inventory Reduction 45

Elementum

FEBRUARY 7, 2024

It integrates deeply within business systems, allowing companies to manage inventory, oversee contracts, and refine production processes more effectively. Strategic implementation includes establishing a clear communication plan, setting performance metrics, and preparing the staff for the transition towards automated processes.

Cost Reduction Strategies 78

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

NC State SCRC

JANUARY 16, 2024

The Department of Defense released four days ago its inaugural National Defense Industrial Strategy (NDIS), which is intended to guide the Department’s engagement, policy development, and investment in the industrial base over the next three to five years. This does not exist today.

Sourcing Strategies 72

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 72

Unleashed

SEPTEMBER 28, 2023

If you’ve ever had inventory sitting in the storeroom or warehouse unused, unsold, and taking up space – you’ve experienced dead stock. Fortunately, efficient dead stock inventory management can help you avoid those losses. It can appear in the form of raw materials, in-progress inventory, or finished goods. Let’s dive in.

Material Savings 52

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 52

NC State SCRC

APRIL 3, 2019

With inventory desired to be at a minimum. The contract may also include metrics and resulting consequences (late fees, etc.). The required domain is specified clearly on every released document within the program, including reports, drawing, etc. Risk: Managing the supply chain [7]. Description. Description. are located.

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 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

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 229

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 229

Precoro

SEPTEMBER 2, 2022

They also utilize procurement management tools to streamline processes and centralize databases, documents, and financials but fragmentize responsibilities. But the principle stays the same – documentation is important. Inventory Overview. If there are any discrepancies, documents are sent back for adjustments.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

Supply Chain Shaman

OCTOBER 2, 2020

The organization is not clear on accepting special requests and expedited shipping policies, often resulting in a lower margin. Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. The response is a long sigh. The answer? Flipping Book link: [link].

Customer Service 296

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 296

SCMDOJO

MAY 10, 2023

When integrating an ERP system, companies often find themselves grappling with the task of harmonizing their inventory, supplier, product, and customer databases. Data Accuracy measures data quality with consideration to key metrics like its accuracy, totality, and reliability. This type of data is called the master data.

Optimal Sourcing 122

Optimal Sourcing Government Quality Supply Chain Design Software 122

E2open

DECEMBER 8, 2022

This often results in the wrong focus, policy infringements, and diminished loyalty to the brand owner. New rebate analytics allow channel partners to track key sales and rebate metrics to drive more business, deliver a higher return on brand owner incentive spend, and increase partner satisfaction and compliance.

Supply Chain Network Software 60

Supply Chain Network Software Supply Chain Planning Software Analytics Software Forecasting Software 60

6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. Establishing protocols, metrics, organizational owners, and related processes can empower organizations to respond more effectively when faced with a crisis.” ” — Michael Varney and Wil G.

Supply Chain Planning Software 116

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

Intelligent Audit

DECEMBER 2, 2021

Consumers expect a stress-free, easy process with easy-to-follow return policies. Companies should seek out tracking metrics such as time spent moving through the reverse supply chain, the percentage of items sent through the reverse logistics stream, and the total cost of the product from the point of purchase through the returns process.

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Software 52

American Global Logistics

NOVEMBER 21, 2023

Maintain thorough metadata documentation and data lineage maps. Data governance involves defining policies, procedures, and responsibilities for managing data assets. This includes information about shipments, transportation routes, delivery times, and inventory levels. Next, we’ll address Big Data security challenges.

Analytics Software 52

Analytics Software Quality Security Analytics 52