Logistics Viewpoints

NOVEMBER 14, 2022

Customers use their modular, SaaS solutions to route, schedule, track, and measure delivery resources; plan, allocate and execute shipments; rate, audit, and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes.

Agile and Lean Supply Chain 224

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 224

QAD

FEBRUARY 7, 2023

Supplier relationship management falls under the larger supply chain management function your business requires to operate. Not to be confused with supplier risk management, supplier relationship management refers more to effectively managing supplier relationships to achieve better business outcomes.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

Logistics Viewpoints

AUGUST 15, 2022

There are several hold types, but in Oracle the setting ‘Hold all new purchasing documents’ stops the ability to release any new purchase orders to a specific supplier site. Similarly, for spend management solutions the purchase order can be stopped if information is not up to date. That supplier can be put on “hold.”

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Precoro

DECEMBER 11, 2023

By establishing requirements and formalizing them in a corporate sustainability strategy document, teams can significantly limit the number of potential suppliers. The sourcing team, in cooperation with procurement specialists and management, establishes performance metrics (KPIs, key performance metrics) and monitors sourcing success.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Talking Logistics

JANUARY 5, 2014

Simply put, many companies are still falling short on supply chain risk management , and they continue to pay the price. The good news is that leading practices in supply chain risk management are well documented in various books and publications , and new software applications are emerging to help companies manage this process.

Logistics Network Optimization Software 178

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 178

QAD

MAY 16, 2019

The Automotive Industry Action Group (AIAG) and Odette International are releasing the fifth version of the Materials Management Operations Guideline/Logistics Evaluation (MMOG/LE) assessment this summer. More emphasis on risk management and contingency plans throughout the supply chain including a cybersecurity policy.

Supply Chain Planning Software 101

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 101

Kinaxis

SEPTEMBER 6, 2016

To understand the geopolitical risks, all you need to do is to turn on network news. Given all this, one would think that supply chain risk management is more prominent now. Assess the probability of each risk occurring and build them into your business justification as you make outsourcing decisions.

Supply Chain Planning Software 100

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Shipping 100

Talking Logistics

JANUARY 4, 2016

Simply put, many companies are still falling short on supply chain risk management , and they continue to pay the price. The good news is that leading practices in supply chain risk management are well documented in various books and publications , and new software applications are emerging to help companies manage this process.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Supply Chain 100

SCMDOJO

JULY 24, 2023

They handle documentation, customs clearance, compliance, and ensure that shipments comply with legal and regulatory requirements. SLAs should cover key metrics such as on-time delivery, order accuracy, inventory accuracy, and customer service responsiveness. Shortlist a few providers based on your evaluation.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

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. The root causes generally fall into three categories: IT issues (e.g., poor training); and Process issues (e.g.,

North Korea 100

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

ivalua

JUNE 2, 2016

CPO’s are now being asked to manage not only the transactional piece of the supply chain, but to also create partnerships with suppliers who are beginning to become more deeply vested in the entire product lifecycle. Challenges in this new manufacturer/supplier partnership Burton cites include: Risk management. Globalization.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

Arena Solutions

JUNE 5, 2023

We also have built-in analytics to help report out metrics to key stakeholders and Arena is really well integrated with other platforms such as CAD programs and ERP systems. If you structure your data correctly, you will be able to amaze auditors by managing and navigating through your system at lightning speed. Next slide, please.

Quality 52

Quality Supply Chain Design Software Supply Chain Planning Software Analytics Software 52

SCMDOJO

DECEMBER 11, 2023

Improved Supplier Relationships: Procurement reports enable organizations to evaluate and manage relationships with suppliers more effectively. 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.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Unleashed

MARCH 28, 2021

Performance indicators establish the criteria for regularly tracking and evaluating suppliers and can include documented product specific procedures, or metrics to evaluate performance such as the percentage of on-time performance and the number of times a quality product is received. Risk management.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

Turvo

JUNE 12, 2020

How to Apply Analytics to Maintain More Collaboration and Reduce Freight Spend Those operating a freight broker business should follow these three core steps to improve collaboration and reduce freight spend using actionable analytics: Improve risk management strategy with a better review of what-if scenarios.

Analytics Software 53

Analytics Software Analytics Expense Reduction Cost Reduction Strategies 53

Precoro

MARCH 31, 2023

Better risk management Sustainable suppliers that prioritize ethical and responsible practices reduce the risk of supply chain disruptions. Analysis and reporting are nearly impossible without key performance indicators (KPIs) , specialized metrics that help determine a company's progress toward its goals.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Unleashed

MARCH 9, 2021

Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. 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 Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Supply Chain Shaman

AUGUST 16, 2015

The traditional EDI approach inserts a day latency to open and read documents. Unstructured data types like geospatial maps, weather patterns, digital images, warranty information, call-center logs, quality reports and contract document information are not used today. Value networks need data more quickly and with greater insights.

Prescriptive Analytics Software 150

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

Arkieva

AUGUST 8, 2016

Changes have also been made throughout the document to clarify and emphasize the collaboration between the responsible agencies and other regional planning efforts, including funding.”. Global Supply Chain Management: Is Your Supply Chain Susceptible to The Butterfly Effect? Read Full Press Release. Read Full Article.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Logility

MARCH 31, 2022

At this point, all necessary documentation and certifications should also be obtained. Likewise, throughout your relationship, report cards should be kept to calculate a score card index based on established performance metrics. Is management committed to their own continual improvement and the improvement of employees and facilities?

Vendor Strategies 26

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

Exiger Perspectives

MARCH 30, 2023

Issues with Many SCRM Programs Supply chain management and supply chain risk management (SCRM) have become a greater priority for businesses and government organizations in the last five years, according to Gartner. This framework further simplifies the SCRM process and recognizes the complexity of effective risk management.

Supply Chain Design Software 52

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

NC State SCRC

APRIL 3, 2019

Risk: Managing the supply chain [7]. The contract may also include metrics and resulting consequences (late fees, etc.). Risk: Competition in domestic and international markets [7]. Risk: Managing and retaining talent [7]. Risk: Capacity to innovate [7]. Description. Description. Description.

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

Arena Solutions

MAY 25, 2021

Having an effective quality management system (QMS) in place is critical to help organizations reach their product development milestones and achieve commercialization success. . What Is a Quality Management System (QMS)? ISO 14971 (Risk management for medical devices). Food and Drug Administration (FDA) Compliance.

Quality 70

Quality System Resource Reduction Waste Reduction 70

SYSPRO Smarter ERP

MARCH 14, 2023

This approach involves gathering key performance metrics, then mapping business processes to identify where improvements will make a significant difference. Documenting what infrastructure changes or upgrades will be needed to support the new software is important.

Optimization Software 105

Optimization Software System Optimal Sourcing Cost Reduction Strategies 105

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. specifications, performance standards, and customer requirements). What are the team responsibilities?

Quality 52

Quality Optimal Sourcing Supply Chain Planning Software Sourcing Strategies 52

Precoro

FEBRUARY 12, 2024

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. But why is liquidity management so important? Thus, liquidity is critical to overall risk management and business resilience.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

QAD

JUNE 22, 2023

It implemented QAD EQMS’ Document Control , Training Management , Non-conformance and Corrective Action (NCR/CAPA) and Layered Process Audits (Audit/LPA) and is preparing to add Advanced Product Quality Planning (APQP), Supplier Quality and other capabilities.

Quality 92

Quality Groups Supply Chain Planning Software Optimal Sourcing 92

Precoro

SEPTEMBER 2, 2022

When the procurement teams follow the plan and commonly accepted internal practices, it's easier to predict any potential risks and minimize their potential impact. Developing risk-management strategies is also a part of procurement management. Three Pillars of Procurement Management. Risk management.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

NC State SCRC

JANUARY 16, 2024

Flexibility : The NDIS emphasizes the importance of supply chain visibility to manage disruptions proactively, aggressively, and systematically. This aligns with the need for flexibility in supply chain management as mentioned in the Supply Chain Immunity Elements document.

Sourcing Strategies 72

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 72

Precoro

FEBRUARY 27, 2023

For instance, Spending as a Percentage of Revenue is an important metric that can showcase whether an organization spends more money while getting the same or even worse results than similar companies in the industry. If you have paper documents, it's better to scan and digitize them to make it easier to find information later on.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Supply Chain Game Changer

JANUARY 9, 2019

Vendor management software can be an excellent resource for supporting all of the processes that every procurement department should be doing: keeping track of vendor performance metrics, drawing attention to sub-par vendor performance, and identifying opportunities for vendor performance improvement. What is risk management?

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

HICX Solutions

AUGUST 17, 2023

More and more unstructured data, such as data from documents or from within messages, has the potential to provide more powerful insights to the organization. The Role of Supplier Performance Management in Risk Management As previously highlighted, engaging with suppliers on a global basis poses numerous risks for organizations.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Resource Reduction Inventory Reduction 52

6 River Systems

JUNE 29, 2020

” — Understanding risk management in the supply chain , Deloitte; Twitter: @DeloitteUS 4. “Supply chain resiliency is best supported by a clearly defined risk mitigation governance structure that is aligned to the strategy of the organization. Apply a supply chain stress test. ” — 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 20, 2021

Forecasting Tools Will Be Integral Toward Risk Management. Risk management remains a critical focal point for supply chain managers and logistics directors, especially in these uncertain times of recovery and instability. Forecasting Will Further Improve Inventory and Delivery. Yes, it is still a forecasting tool.

Supply Chain Planning Software 52

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Supply Chain Network Software 52

Precoro

MARCH 30, 2022

Risk Management. Risk management strategy minimizes the impact of unfortunate events on the procurement process. Following this strategy, an organization prepares to compensate for any supply chain risk. This strategy allows a company to develop appropriate responses to potential risks.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

CH Robinson Transportfolio

NOVEMBER 22, 2021

Trading, however, comes with risks, so risk management strategies are a must. Ethereum might be the future as it is the first one to come with “smart contracts” or documentation without human intervention. Browse other questions tagged transactions ether gas-price fees or ask your own question.

Purchasing Skills 34

Purchasing Skills Supply Chain Network Software Price Reduction Demand Planning Software 34

Kinaxis

NOVEMBER 24, 2016

Developing a solution that supports supply chain processes with process orchestration and task flow capabilities that allow you to document and monitor your processes is critical. It’s important to note it also plays an equally important role in risk management. What’s the impact of this order on revenue and margin?

Supply and Demand 100

Supply and Demand Supply Chain Planning Software Modeling Supply Chain Design Software 100