EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. There are no restrictions; just register, answer the online questionnaire and documentation, share results, and improve! What areas does it cover?

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). The questions that are most often asked are: What metrics should I use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Logility

JANUARY 14, 2021

SaaSPath is a global survey of approximately 2,000 organizations across all geographic regions and company sizes, where customers are asked to rate their vendor on more than 30 different customer satisfaction metrics. s current Form 10-K and other reports and documents subsequently filed with the SEC.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimization Software Analytics Software Demand Planning Software 130

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Unleashed

APRIL 21, 2024

Order processing refers to both the physical and digital aspects of ensuring a customer’s order is fulfilled on time and accurately. Inventory sourcing: The locations of ordered items are identified in the warehouse or distribution centre – or reordered from the supplier if no stock is available.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

New Horizon Supply Chain Blog

OCTOBER 21, 2022

The Association for Supply Chain Management (ASCM, formerly APICS) just announced a major update to their Supply Chain Operations Reference (SCOR) model, in what they’re calling “the most significant update since the inception of SCOR in 1996.” The new interactive model is available on their site here.

Modeling Software 52

Modeling Software Modeling Sourcing Strategies Gartner 52

QAD

FEBRUARY 7, 2023

Not to be confused with supplier risk management, supplier relationship management refers more to effectively managing supplier relationships to achieve better business outcomes. This requires establishing KPIs and specific metrics of success to assess performance against.

Price Reduction 97

Price Reduction Material Savings Vendor Strategies Inventory Reduction 97

Enterra Insights

SEPTEMBER 16, 2019

Consumers, activists, and investors increasingly want to know the products they buy are sourced sustainably and ethically. While both phrases are used to reference many of the same things, there are differences in their connotations in both the eyes of customers and logistics partners.”[3]. sources of raw materials.

Supply Chain Design Software 174

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

Unleashed

NOVEMBER 2, 2023

It is the process of determining future demand for products, how those products will be manufactured to meet that demand, and the manufacturing metrics that will measure success. A production schedule is a document that tells manufacturers which goods need to be produced, when they need to be produced, and the production methods.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

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. Below are the procurement types: Direct procurement refers to acquiring goods, services, or works directly related to producing a company’s products or services.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Procurement Solutions 52

Precoro

MAY 22, 2023

IT team members are aware of the requirements necessary for a technology to function properly, whereas procurement professionals are skilled at contract sourcing and negotiation. A company may also request additional documents to make sure that a service is reliable.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Logility

MAY 7, 2020

Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. Attainable Benefits: The benefits from the use of Big Data are numerous and well documented. References. Organizations are simply overwhelmed. 1 Louis Columbus.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

Precoro

MARCH 31, 2023

For example, Unilever, a consumer goods company, has a responsible sourcing policy that includes human rights due diligence and requires suppliers to adhere to its human rights principles. Examples of social sustainability in procurement include: Sourcing from suppliers who provide fair wages and safe working conditions.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Unleashed

APRIL 10, 2023

In manufacturing, process improvement refers to the optimisation of various workplace tasks with the aim to increase efficiency and productivity while reducing costs and waste. This refers to waste and unmoving products created by overproduction. TQM relies heavily on data and performance metrics to make decisions about change.

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste Reduction 52

Talking Logistics

JULY 19, 2013

LLamasoft Launches Data Services to Provide Reference Data for the Supply Chain Design Community. Source data is a combination of reference and benchmark data from third parties as well as econometric models and formulas. HighJump Software Acquires Evenex.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 132

Logility

FEBRUARY 23, 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. 626) 657-0013 or email kliu@amsoftware.com.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Demand Planning Software 130

Unleashed

MARCH 28, 2021

Supplier relationship management is often referred to as the B2B equivalent of customer relationship management. Sourcing new suppliers, trialling products, and negotiating contracts can be costly and time-consuming. This is part of your sourcing roadmap. What is supplier relationship management? Efficient onboarding.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

Zipline Logistics

FEBRUARY 9, 2021

Logistics data refers to the metrics used to track, measure, and benchmark parts of your supply chain’s performance. Getting the most out of your organizations’ logistics data requires total investment in the value that leveraging metrics can provide. Learn More. What is Logistics Data? Total Transportation Spend.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

Supply Chain Game Changer

MAY 27, 2022

Source: Google. Source: Twitter. Source: fabrikbrands. Use the logo on any digital or paper document to strengthen your brand identity. Source: H&M. In this way, they will keep coming back and even refer you to others. This slogan helps Google inspire both its users and employees. Customer Loyalty.

Sourcing Strategies 90

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

ThroughPut

APRIL 28, 2020

With reference to capacity planning, design capacity is defined as the maximum amount of work that an organization is capable of completing in a given period. Production monitoring : This feature allows users to become familiar with issues within capacity planning by using metrics to understand production flow and status.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

ThroughPut

APRIL 28, 2020

With reference to capacity planning, design capacity is defined as the maximum amount of work that an organization is capable of completing in a given period. Production monitoring : This feature allows users to become familiar with issues within capacity planning by using metrics to understand production flow and status.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

ThroughPut

APRIL 28, 2020

With reference to capacity planning, design capacity is defined as the maximum amount of work that an organization is capable of completing in a given period. Production monitoring : This feature allows users to become familiar with issues within capacity planning by using metrics to understand production flow and status.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

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. Cash-Cash Cycle Time; Return on SC Fixed Assets; Return on Working Capital ASCM SCOR Metrics, Supply Chain Council.

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

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 document fosters transparency, accountability, and streamlined processes within the procurement function.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Unleashed

JANUARY 10, 2023

Increase supply chain visibility Supply chain visibility refers to how accurately you’re able to track goods as they move through the supply chain. Either way, the first thing you should do is establish metrics and KPIs. Without it, you’ll struggle to forecast lead times and supply chain costs.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Talking Logistics

FEBRUARY 22, 2013

Here are some details from the press release: Navisphere app users are able to view detailed shipment information by searching for shipments via pickup or drop off dates, container, customer reference, or C.H. Robinson load numbers.

Optimal Sourcing 100

Optimal Sourcing Logistics Network Optimization Software Manufacturing Procurement Supply Chain Design Software 100

Logility

MARCH 31, 2022

There are obvious risks involved in sourcing goods from other countries. Many businesse s today source goods or services from a third party overseas , and there is obvious risk involved. At this point, all necessary documentation and certifications should also be obtained.

Vendor Strategies 26

Vendor Strategies Global Supply Chain Design Software Supply Chain Planning Software 26

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

Elementum

JANUARY 16, 2024

Process Automation: Revolutionizing Business Efficiency and Growth Process automation refers to the use of software and technologies to automate complex business processes, enabling organizations to improve efficiency and reduce human error. Xenith provides more information about the advantages of process automation.

Sourcing Strategies 78

Sourcing Strategies Optimization Software Analytics Software Predictive Analytics Software 78

Unleashed

JUNE 8, 2023

Procurement is the process of sourcing suppliers , negotiating sales terms, and purchasing the goods a company needs to run its daily operations. In business, procurement refers to the obtention of all physical items and services a company requires. In this guide to procurement: What is procurement? What does a procurement manager do?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Requis

MARCH 23, 2021

The pressure to be more sustainable also comes from outside sources like governments, banks and customers. One way to quantify the global warming potential of embodied carbon is a document called an “environmental product declaration”, which is a way to provide transparency on a product’s total carbon footprint. Then we all win.

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Expense Reduction 52

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. Accuracy Accuracy refers to the degree to which data describes the real-world scenario.

Optimal Sourcing 122

Optimal Sourcing Government Quality Supply Chain Design Software 122

Precoro

FEBRUARY 12, 2024

There’s a toolkit of metrics to help the treasury department understand the level of liquidity. Market volatility Market volatility refers to fluctuations in financial markets, interest rates, or exchange rates that can significantly impact the value of a company's assets and its access to financing.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

NC State SCRC

JANUARY 16, 2024

More importantly, the report refers to various forms of sustainable, innovative, flexible off-the-shelf acquisition reforms, and changing acquisition mindsets, mechanisms, policies, and processes, but does not provide any clear examples of what such changes entail.

Sourcing Strategies 72

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 72

IQMS

MAY 1, 2018

Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks. Quality Metrics Defining the Future of Manufacturing.

Manufacturing Procurement 56

Manufacturing Procurement Metrics Quality Predictive Analytics Software 56

Precoro

FEBRUARY 27, 2023

Spend analysis is a crucial part of the broader business practice of spend management because a clear picture of the company's expenditures is essential for fact-based decisions in strategic sourcing and supplier management. If the answer to any of them points to problems, it might be time to explore other sourcing options.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

EMERGE App

OCTOBER 4, 2018

Deadstock refers to those products that have seen no sales in the past 12 months. Horror 3: Disappearing Metrics. Aside from generating financial reports, what other metrics are you using to benchmark your inventory management efficiency? Upload documents relevant to each customer, supplier or product.

Inventory Management Software 76

Inventory Management Software Inventory Management Inventory Reduction Inventory 76