Logility

OCTOBER 12, 2021

A plan for achieving truly sustainable supply chain management — from the capabilities you’ll need, to the policies you should put in place, to the systems that will help you achieve it. . Develop metrics against which supply chain stakeholders can judge their performance. There are many ways this can happen.

Supply Chain Planning Software 130

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 130

Precoro

MARCH 31, 2023

Thus, prioritizing sustainable procurement has become a critical component of companies' policies; by doing so, organizations promote transparency, fairness, resource efficiency, and ethical practices while enhancing their brand image and competitiveness. Consumers increasingly demand that companies ensure products are not made by children.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

ToolsGroup

APRIL 27, 2022

Image source: APA. For example, as of March 2022, 81% of Americans say the supply chain is a significant source of stress. Image source. Image source: APA. The following experts share eight sources of stress at work. And plenty of us are feeling that stress at work. In…and out…there you go!)

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

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. Solution: The TRADES Framework Image Source: Exiger Organizations of all maturity levels can benefit from Exiger’s proprietary TPRM and SCRM framework , which optimizes risk management across the supply chain.

Supply Chain Risk Management 52

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

Talking Logistics

MARCH 2, 2016

As reported in USA Today : [In a sourcing practice nicknamed “China plus one”], big brands like Rip Curl send their specifications — what they want made and how much they’re willing to pay for it — to sourcing agents, who find factories that agree to fulfill them. no metrics, operate in functional silos).

North Korea 100

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

OptiProERP

MAY 18, 2023

Procurement is acquiring goods, services, or works from an external source. It involves sourcing, negotiation, ordering, delivery, and payment for goods or services. Therefore, the document should include all relevant information, such as technical specifications, performance standards, and delivery requirements.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Procurement Solutions 52

Enterra Insights

SEPTEMBER 16, 2019

Consumers, activists, and investors increasingly want to know the products they buy are sourced sustainably and ethically. Transparency, on the other hand, involves moral and ethical dimensions of activities associated with sourcing and manufacturing. sources of raw materials. performance-based metrics. direct suppliers.

Supply Chain Design Software 174

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

Unleashed

APRIL 10, 2023

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. It provides a metric for best practice , helping to identify whether an organisation is functioning at an optimal level.

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste Reduction 52

Locus

OCTOBER 12, 2022

They can do this by tracking and documenting all the labor, handling, and materials components from source to destination. Businesses, policy makers, financial institutions need to work together to bring about a socially inclusive, environmental evolution for a better planet. Sources: ?? Book a demo with us!

Material Savings 52

Material Savings Optimal Sourcing Sourcing Strategies Sustainability 52

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

Logistics Viewpoints

APRIL 13, 2022

Source: Osha Certified Warehouse Worker. There is a forest of legal documents addressing procedural hurdles. As a telling example, one document was titled, “ Employer’s Fourth Motion to Extend Time for Filing of Statement of Position.” Warehouse labor has been in the news quite a bit lately. Yes, fourth motion.

Warehousing 222

Warehousing Purchasing Skills Demand Planning Software Procurement Analytics 222

Supply Chain Game Changer

MAY 27, 2022

Strategic brand management focuses on long-term results, overseeing future brand development, and deliberately planning policies that add to the brand value. Source: Google. Source: Twitter. Source: fabrikbrands. Use the logo on any digital or paper document to strengthen your brand identity. Source: H&M.

Sourcing Strategies 90

Sourcing Strategies Supply Chain Design Software Price Reduction Supply Chain Planning Software 90

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

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

MARCH 9, 2021

In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. What is procurement? Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

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. Optimize organizational spending, time, and sourcing of goods or services. What Are Procurement KPIs, and Why Use Them? Procurement KPI Categories. Cost Avoidance.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Requis

MARCH 23, 2021

The pressure to be more sustainable also comes from outside sources like governments, banks and customers. Now it is becoming a regulatory policy around the world. And elsewhere in California they have a policy on the embodied carbon present in steel from extraction to production. People want their investments to be cleaner.

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Expense Reduction 52

Unleashed

AUGUST 18, 2021

Having a transparent and fair returns policy is an important first step. Kua delivers ethically sourced Ugandan coffee in reusable benchtop canisters so that they can be returned and reused. The return rate for ‘expensive goods’ was more than double again (50%). 3 examples) 1.

Reverse Logistics 98

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

Supply Chain Network

OCTOBER 30, 2007

In terms of supply chain fraud, supplier metrics and the vendor scorecard are useful tools in determining suppliers that may be putting the organization “at risk�. The control activities are the policies, procedures, validations, verifications, etc. – Source: Supply Chain Fraud White Paper. CONTROL ACTIVITIES.

Supply Chain Software 60

Supply Chain Software Supply Chain Vendor Strategies Cost Reduction Strategies 60

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.

Sourcing Strategies 72

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 72

Arena Solutions

OCTOBER 5, 2023

Owed Responsibility An auditor is an appointed trusted employee charged with advising upper management on how to best manage the company’s processes, quality documentation, goals, and technology platforms. You don’t have to keep auditors waiting while you search books, file cabinets, or people’s desks for documentation and records.

Quality 52

Quality Optimal Sourcing Supply Chain Planning Software Sourcing Strategies 52

NC State SCRC

APRIL 3, 2019

The major sources of risk in Development and Manufacture contracts in the Aerospace and Defense industries start at the top, where the contracts are awarded, and flow downwards to the subcontracting suppliers. The contract may also include metrics and resulting consequences (late fees, etc.). Risk in Aerospace and Defense Industries.

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

Arena Solutions

JULY 27, 2021

PLM software brings the complete mechanical, electrical, and software design together into a single source of truth and enables product companies and their supply chain partners to streamline product development while driving continuous quality improvement. Document Management. What’s Driving the Movement to Adopt PLM Software?

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Network Software 98

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

Precoro

SEPTEMBER 2, 2022

For some businesses – usually smaller or with a single-source purchasing flow – it may be sustainable to react to the immediate needs. Services procurement includes sourcing services provided by people – consultancy, for instance. Because encompassing all steps of purchasing cycle, it's also called the source-to-settle process.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

SCMDOJO

MAY 10, 2023

With ERP, you get the best of both worlds – a single source of truth where master data creation takes place, and this wealth of information becomes accessible to all programs and authorized customers. Data Accuracy measures data quality with consideration to key metrics like its accuracy, totality, and reliability.

Optimal Sourcing 122

Optimal Sourcing Government Quality Supply Chain Design Software 122

Exiger Perspectives

MARCH 30, 2023

ASSESSMENT | Baseline and Build TPRM/SCRM Resilience and Maturity Today ] Learn More Achieving Resilience Through the TRADES Risk Framework Image Source: Exiger At Exiger , we help clients recognize that in order to achieve the most impactful results, they need to operate against a data-driven framework.

Supply Chain Design Software 52

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

Precoro

MARCH 30, 2022

Global Sourcing. The strategy refers to the efficient sourcing of goods and services across the globe. Its objective is to discover and utilize cost-efficient sourcing possibilities in a specific country or part of the world where required goods can be produced more economically. Define procurement policies.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Supply Chain Shaman

OCTOBER 7, 2012

In the supply chain, variability and volatility come from many sources. The best way to start the design of an agile supply chain is to look at the sources of variability and market volatility that your supply chain encountered in the prior year. What is the biggest challenge in supply chain agility in balancing the cash-to-cash cycle?

Supply Chain Design Software 229

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

Unleashed

APRIL 15, 2020

To help you understand the importance of tracking this metric we’ll illustrate several ways the value of your stock can change. A key metric in inventory revaluation is Net Realisable Value. Imagine you are a toothpaste maker, sourcing raw materials from overseas. Check your supplier returns policy.

Inventory Reduction 89

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 89

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. I now go to the local coffee shop.

Customer Service 296

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

6 River Systems

JUNE 29, 2020

“Some companies are starting to invest in creating data-backed profiles of their supplier base so they know where and when to look for second sources. These tools can also rapidly model alternate supply and transportation scenarios, such as rerouting around a port strike or going to an alternate source of supply.”

Supply Chain Planning Software 116

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

American Global Logistics

NOVEMBER 21, 2023

Inaccurate or Incomplete Data: Big data often comprises unstructured or semi-structured data from various sources. Integrating data from disparate sources can be complex. Create a "golden record" by merging duplicate records to have a single source of truth for each entity. Some common data quality challenges include: 1.

Analytics Software 52

Analytics Software Quality Security Analytics 52

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

Unleashed

APRIL 3, 2020

To help you understand the importance of tracking this metric we’ll illustrate several ways the value of your stock can change. A key metric in inventory revaluation is Net Realisable Value. Imagine you are a toothpaste maker, sourcing raw materials from overseas. Check your supplier returns policy.

Inventory Reduction 52

Inventory Reduction Inventory Purchasing Skills Cost Reduction Strategies 52

HICX Solutions

APRIL 5, 2022

Adam Brown , Head of Digital Garage at BT Sourced , in a webinar on Supplier Experience Management in Practice states his reasons for adopting SXM, commenting “I didn’t want just the supplier relationship. That is the foundation of SXM, which best-in-class organizations are starting to realize and adopt.

Just-in-Time 52

Just-in-Time Procurement Supply Chain Software Demand Planning Software 52

HICX Solutions

MARCH 3, 2022

Single source of truth & data compliance. One of the initial goals for BAE Systems was to clean up that data to create a single source of truth that would be consistently pushed into each of the ERP systems through integration, resulting in better analytics and more effective use of that supplier data further downstream.

Data 52

Data Sourcing Strategies Optimal Sourcing Analytics Software 52