The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Precoro

APRIL 18, 2023

For example, a company that produces furniture has to order raw materials and trace the manufactured items sent to the customers (forward tracing) and occasionally the items that are returned (backward tracing). Cargo Status Current information about the location and status of cargo is the first pillar of supply chain visibility.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Supply Chain Shaman

MARCH 12, 2019

The IT taxonomy for visibility is supply chain analytics. As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues. The team was seeking analytics to monitor process compliance. Visibility Maturity Model.

Prescriptive Analytics Software 177

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 177

crisp

DECEMBER 15, 2021

One of the big catalysts for change right now is the acceleration of data and analytics in supply chain management. A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. That same survey showed that up to 50% of procurement teams’ time was spent looking for data.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

The Logistics & Supply Chain Management Society

JULY 16, 2023

Halal risk management practices of most companies are passive, meaning it is limited to the compliance of suppliers and their own (manufacturing) operations based on the requirements of the halal certification body and their halal standard(s). On the other hand, halal risks in the entire supply chain are not on their radar screens.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

QAD

MAY 23, 2023

The goal, from a manufacturing perspective, is clear: learn how to do more with less as efficiently as possible while maintaining profitability and complying with due diligence legislation. The International Labor Organization reports that 27.6

Procurement Solutions 92

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 92

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. Kanban came from the same place as the wider principles of lean manufacturing: Toyota. Each card represents one work item.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

GlobalTranz

APRIL 25, 2017

The high-revolution has given emerging markets the opportunity to become fully developed, increasing the number of consumers and manufacturers. For existing businesses and shippers, this means more competition and demand for lower costs. Greater Supply Chain Savings Thanks to Transportation Management.

Cost Reduction Strategies 156

Cost Reduction Strategies Resource Reduction Vendor Strategies Expense Reduction 156

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.’ These metrics would, of course, be aligned and are updated every hour. Specific metrics: process metrics and outcome metrics.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

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

Unleashed

NOVEMBER 2, 2023

A production schedule can help you bring down manufacturing costs and maximise efficiency during the production process. A production schedule is a project plan detailing the scheduled timeline for goods to be manufactured. Its goal is to ensure goods are manufactured with maximum efficiency, on time and within budget.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

QAD

JANUARY 19, 2023

Used to cut costs and maximize efficiency, supply chain trends cater to every business. E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Logistics is a larger focus for transportation companies. Industry: carrier regulations, trade compliance and transportation.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 93

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

QAD

AUGUST 16, 2022

Unpredictability is undoubtedly the major issue manufacturers face when dealing with fragmented supply chains. As the supply chain breaks, manufacturers must find new suppliers and new transport routes and find them rapidly, so that production doesn’t come to a halt. So, how can manufacturers respond to these challenges?

Optimal Sourcing 92

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 92

Supply Chain Shaman

DECEMBER 13, 2015

We can connect through EDI, but a document has latency and limitations for unstructured data. Today, 7% of order and purchase order flows move through business networks. For access to the report on business networks reference this r eport. For access to the report on business networks reference this r eport.

Manufacturing Procurement 150

Manufacturing Procurement Procurement Analytics Supply Chain Network Software Procurement Solutions 150

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

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. Based on reporting from the Wall Street Journal, the company hired Morgan Stanley to shop the company and package it for sale in 2014 with an expected evaluation of 800M$. The largest was the purchase of Lawson in 2011 for 2B$. It is clear.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Supply Chain Shaman

DECEMBER 11, 2018

While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. The transformational wave is slowly transforming the automotive industry from a focus on selling “rides” versus the purchase of an automobile.

Supply Chain Planning Software 199

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 199

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

SCMDOJO

DECEMBER 28, 2023

According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices. This report highlights that 97% of respondents anticipate AI impacting product development and manufacturing. #2

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Demand Planning Software 74

GlobalTranz

JULY 17, 2018

Supply Chain Executives May Not Understand Blockchain Technology Although blockchain technology has been a major talking point in the supply chain, 2018 is the year in which blockchain testing programs will become real-world platforms, reports ComputerWorld.com. The complexity of modern supply chain is extensive.

Supply Chain Planning Software 163

Supply Chain Planning Software Supply Chain Software Vendor Strategies Supply Chain Planning 163

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.

Optimal Sourcing 88

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 88

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. In one article , Mr. Sorenson points out that IBP works better for small manufacturers than large ones. A plan is like a Word document. Dean Sorenson concurs.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

RFgen

SEPTEMBER 24, 2015

Manufacturers use data collection devices to tell real pharmaceutical products from fakes. National Association of Boards of Pharmacy report, which discovered 96% of online pharmaceutical retailers did not meet the standards established by the NABP. CNN reported different fake drugs may contain dust, paint, ink and rat poison.

Pharmaceutical 52

Pharmaceutical Manufacturing Procurement Manufacturing Supply Chain Software 52

RFgen

SEPTEMBER 24, 2015

Manufacturers use data collection devices to tell real pharmaceutical products from fakes. National Association of Boards of Pharmacy report, which discovered 96% of online pharmaceutical retailers did not meet the standards established by the NABP. CNN reported different fake drugs may contain dust, paint, ink and rat poison.

Pharmaceutical 52

Pharmaceutical Manufacturing Procurement Manufacturing Supply Chain Software 52

Talking Logistics

DECEMBER 11, 2015

Amazon Buys Thousands of Its Own Truck Trailers as Its Transportation Ambitions Grow (Re/code). MercuryGate extends invoicing and document management solution with HubTran integration. October 2015 Freight Transportation Services Index (TSI). China Approves Merger of Cosco, China Shipping (WSJ- sub.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 0

Supply Chain Shaman

JULY 29, 2017

When the report published, it stimulated many conversations. At the time, I was working with two large manufacturing companies that were not clear on the definition of supply chain visibility. As shown in Figure 2, few orders and purchase orders flow hands-free. The reason is simple. Supply Chain Visibility Gaps.

Supply Chain Network Software 152

Supply Chain Network Software Supply Chain Design Software Modeling Software Analytics Software 152

Enterra Insights

SEPTEMBER 16, 2019

Jennifer Furey and Rebecca Harris, attorneys at Goulston & Storrs, report, “Millennials are expected to inherit approximately $30 trillion in assets over the next 30 to 40 years. In retail, buyers want to understand where the products they are purchasing are coming from and how they were created.” traceability; and.

Supply Chain Design Software 174

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 174

Unleashed

MARCH 31, 2021

When we refer to the ‘supply chain’, we’re referring to the network of suppliers, manufacturers, producers, shipping companies and more who, when combined, produce, ship and sell products and services to end-users. A lean business looking to build efficiencies would do well to try and improve this metric. Transportation costs.

Supply Chain Planning Software 69

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

Material Handling & Logistics

SEPTEMBER 13, 2017

As transportation providers begin to recover from the immediate disruption and delays caused by the hurricanes, the greater domino effect of the hurricanes on supply chains will begin to appear. The Institute for Supply Management (ISM) recently released the results of a special survey to assess how Hurricane Harvey impacted six key metrics.

Negotiating Skills 80

Negotiating Skills Negotiate Pricing Supply Chain Strategy Purchasing Skills 80

QAD

JULY 8, 2021

One of the reasons cited for the shortage was insufficient forecast information to provide adequate planning for the 22 week lead time, which is typical of semiconductor manufacturing. Long-term planning information is critical for the lower tier suppliers to plan and purchase their materials wisely.

Supply Chain Planning Software 87

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 87

The Network Effect

AUGUST 21, 2015

In my last four posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , and the all important ASN. All supplier shipments must be accompanied by appropriate documentation. Thus process outputs related to documentation must be error free.

Automotive 100

Automotive Optimal Sourcing Logistics Network Optimization Software Supply Chain Optimization 100

Supply Chain Game Changer

JULY 16, 2020

It can also eliminate manual, time-consuming processes concerning paperwork that could otherwise lead to lost documents. Authorized parties can log in and check statistics or look at electronic documents from anywhere in the world, allowing them to improve the support given to colleagues and customers.

Supply Chain Planning Software 124

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Supply Chain Network Software 124

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.

Optimal Sourcing 40

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 40

Ware2Go

APRIL 5, 2022

This includes receiving order tracking credentials seconds after purchase, looking up shipment status on any device at any time, and receiving real-time shipping updates at all stops along the package’s journey – even the last mile. Central to B2E is a customer-centric model that puts client experience above all else.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Supply Chain Network Software Modeling Software Purchasing Skills 98

GlobalTranz

APRIL 5, 2016

Although 3PL Logistics Companies or 3PLs were around before the recession, companies realized the short-term savings of outsourcing logistics, transportation, and freight management to 3PLs quickly, and the age of the rise of the logistics provider was born. As a result, some specific services have emerged from the shadows. They get damaged.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Negotiating Skills 3PL Purchasing Skills 120