Supply Chain Shaman

OCTOBER 10, 2017

AGCO’s culture of innovation policy deployment enabled employees to pioneer a technology solution for manufacturing. The company stuck to a no-tether policy – no battery pack or phone attached to the device. It is a story of “carrots” not “sticks.” ” Here I share her story. About Agco. Time to Value.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Material Savings Supply Chain Software 152

Logistics Bureau

DECEMBER 18, 2017

If a sound governance platform is established, comprising documented policies, processes, checks, and balances, your inventory management team should find itself equipped to proactively plan and manage the inventory dynamics within your supply chain. In order to do this, you’ll need to establish a set of KPIs and metrics.

Supply Chain Planning Software 40

Supply Chain Planning Software Inventory Reduction Inventory Management Software Supply Chain Planning 40

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

Locus

OCTOBER 12, 2022

They can do this by tracking and documenting all the labor, handling, and materials components from source to destination. Enhanced distribution systems, including in-store click-and-collect points, automated lockers as well as stand-alone micro-warehouse facilities can reduce harmful emissions and traffic congestion. Schedule Demo.

Material Savings 52

Material Savings Optimal Sourcing Sourcing Strategies Sustainability 52

Freight Plus

NOVEMBER 28, 2018

As warehouse management and EDI systems have become more sophisticated so has the ability for retailers to identify which shipments are arriving that aren't compliant with vendor routing guides and SOPs. . : Come up with a set of internal metrics that will go towards eliminating problem areas. Technology. Is your EDI up to snuff?

Vendor Strategies 40

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 40

Unleashed

AUGUST 18, 2021

Having a transparent and fair returns policy is an important first step. When the goods arrive back at the warehouse, an efficient process again saves money. This means that goods can be resold or repurposed more quickly, warehouse space optimised and inventory waste minimised. Consumers are shopping online more and more.

Reverse Logistics 98

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

Unleashed

MARCH 9, 2021

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. In this post, we’ll unpack ten top procurement metrics and why they matter. Warehouse space utilisation. Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

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

ShipBob

NOVEMBER 15, 2021

Rather, with time and planning, you can research the most cost-effective supply chain solutions, and factor in hidden logistics costs that you might not remember to budget for otherwise (such as labor, warehouse insurance, and equipment). Warehouse management. Include raw materials as in your inventory management.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 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. Late-stage assembly in the warehouses enables five-day delivery.

Customer Service 287

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 287

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. Procurement management includes maintaining inventory and storage conditions and controlling warehouse expenses.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

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. Dead stock often sits, unsold and forgotten, on your back shelves and in the far recesses of your warehouse, losing its value once it has reached the end of its product life cycle.

Material Savings 52

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 52

Supply Chain Shaman

OCTOBER 7, 2012

Additionally, through network strategies, be sure to design your warehouses for flows. The goal here should be to make the right trade-offs between inventory strategies and manufacturing policies. Additionally, through network strategies, be sure to design your warehouses for flows. Streamline Horizontal Processes.

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. This way, you can move a high volume of items quickly and get that dead stock out of the warehouse. Check your supplier returns policy.

Inventory Reduction 89

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 89

6 River Systems

JUNE 29, 2020

Warehouse managers face numerous challenges, as well, such as the need to keep goods flowing in and out of the facility while enabling associates to practice social distancing measures. . Differentiated allocation policies favor some customers while impeding others. ” — 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

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. It’s not unusual for example, for companies to measure their supply chain performance only on the basis of financial metrics like supply chain cost per order.

Supply Chain Design Software 40

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

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. Partner Data: 3PLs often collaborate with various partners, such as carriers, warehouses, and technology providers. Without proper governance, issues may arise.

Analytics Software 52

Analytics Software Quality Security Analytics 52

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. This way, you can move a high volume of items quickly and get that dead stock out of the warehouse. Check your supplier returns policy.

Inventory Reduction 52

Inventory Reduction Inventory Purchasing Skills Cost Reduction Strategies 52

6 River Systems

JULY 25, 2019

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively. New hardware technology.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

6 River Systems

APRIL 4, 2019

Logistics technologies such as robotic warehouse systems make automation a reality, while drones improve last-mile delivery capabilities and better tracking with tools like RFID tags improve visibility throughout the supply chain. Mobile apps can generate reports and monitor performance metrics.

Logistics Network Optimization Software 76

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 76

Supply Chain Trend

NOVEMBER 27, 2016

He looked at the current situation and quickly started documenting the information and planning flows dysfunctions. For example, if you can add product to your catalog you can sell without having to inventory you end up with a nearly infinite profit that boosts overall inventory turns metrics.

S&OP 60

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