Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Intelligent Audit

NOVEMBER 17, 2020

Shippers should expect a surge in shipping volumes and tight capacity due to a historic rise in e-commerce transactions. These factors are driving shipping costs higher and shippers need to prepare. According to Supply Chain Dive , shipping “prices have fluctuated wildly. The costs of limited shipping data are high.

Cost Reduction Strategies 52

Cost Reduction Strategies Prescriptive Analytics Software Shipping Resource Reduction 52

OptiProERP

APRIL 9, 2024

Shipping and Logistics Once products pass quality checks, they are prepared for shipping. Integration with shipping carriers and real-time tracking systems enables transparency and accountability throughout the supply chain. Document processes and provide training to employees to ensure compliance and proficiency.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Kinaxis

SEPTEMBER 6, 2016

by Dr. Madhav Durbha Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection. A few days ago, the world’s seventh largest container shipping company by volume, Hanjin Shipping, filed for bankruptcy protection. Any such event will cause congestion in the ports.

Supply Chain Planning Software 100

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

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

However, generative AI can extract insights from documents like waybills, quality reports, and customer feedback and feed it into AI models to optimize various aspects of the supply chain based on historical supply chain data. Furthermore, generative AI can generate text, images, and code, potentially speeding up administrative tasks.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

3PL Insights

OCTOBER 24, 2017

For every crate, the journey from shelf to shipping is adjusted and configured through an algorithm. The robots are typically connected to a Robotic Management System (RMS) that integrates data regarding product—what’s high in demand, what needs to be picked and shipped quickly.

Warehousing 112

Warehousing Inventory Reduction Predictive Analytics Software Supply Chain Software 112

Supply Chain Game Changer

NOVEMBER 3, 2022

This tool allows you to exchange electronic documents like orders, invoices, and shipping notices via an electronic data network (EDN). For example, if you want to improve customer satisfaction in the supply chain, you could use data analytics to track and measure key metrics like delivery time or order accuracy rates.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

crisp

DECEMBER 15, 2021

Work backwards from the desired outcome to see what steps happen leading up to it, documenting the data points available to measure progress along the way. These ‘ driver metrics ’ can give you an early signal to act on before your outcome is impacted. Is the warehouse shipping goods on time?

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

SCMDOJO

MARCH 19, 2024

Analyze performance metrics and implement improvements to enhance efficiency. To run the department, a supply chain manager needs certain supply chain metrics and KPIs to improve performance. Import / Export Lead Overseeing import/export operations, including documentation, customs compliance, and shipping arrangements.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Shaman

MARCH 5, 2019

I was at a customer last week that shipped to distributors and did not know the site of customer facilities. The focus is on functional metrics, but are unable to get to overall supply chain metrics. Pictures, images, text, email, sentiment, contracts, documents are all areas of opportunity. 3) Granularity. Master data.

Supply Chain Design Software 282

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 282

ShipBob

JANUARY 6, 2023

Share compliance information and documentation. Report on important performance metrics. Documentation management. The transportation process can be extremely document-heavy, often requiring multiple documents, forms, and compliance information. Forecast and plan transportation needs. Tracking and visibility.

Supply Chain Planning Software 52

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

GlobalTranz

APRIL 12, 2017

Unlike the heart, however, your routing guide needs to be continually updated to reflect the most relevant changes in carrier preferences, stipulations for compliance violations and detailed instructions on how to handle different shipping circumstances. Make It Verifiable, and Use Cross-Checking Matrices. Distribute It.

Vendor Strategies 121

Vendor Strategies Cost Reduction Strategies Price Reduction Modeling Software 121

SupplyPike

APRIL 10, 2020

Suppliers are also seeing issues with shipping companies being overwhelmed. Make sure you communicate with your carriers and be sure they can ship your orders out by the time your buyer needs them. Supply chain visibility is crucial during this time, and as such, paper documents are out. Other considerations.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

The Logistics of Logistics

FEBRUARY 15, 2013

During the post Implementation phase, a top notch 3PL will provide communication on the following: shipment management, documentation, rolling out new initiatives, new services and ongoing training. White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation.

KPI 189

KPI Logistics Network Optimization Software 3PL Continuous Improvement 189

Unleashed

AUGUST 23, 2023

This means creating efficient systems and workflows, including the handling, storage, and shipping of goods into the warehouse and out to the customer. A common way to design a warehouse is by creating a U-shape, where products are received at one end of the U, stored at the bottom of the U, and shipped for delivery at the other end.

Warehousing 52

Warehousing Logistics Network Optimization Software Supply Chain Design Software Inventory Management Software 52

Locus

APRIL 13, 2023

This intelligent and flexible shipping solution helps businesses maintain consistent branded tracking and delivery experience while delivering with third-party carriers. ClickPost also helps businesses manage shipping-related challenges in e-commerce logistics.

Logistics Network Optimization Software 52

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

The Logistics of Logistics

DECEMBER 19, 2020

Tech is the Game Changer for Truckload Shipping Communication with Mitch Violett. In his role as Principal Product Manager at Convoy, Mitch develops solutions that streamline the shipping process and improve communication. Key Takeaways: Tech is the Game Changer for Truckload Shipping Communication. About Mitch Violett.

Shipping 130

Shipping Waste Reduction Negotiating Skills Montana 130

GlobalTranz

OCTOBER 21, 2015

It can take months to negotiate a complex SLA/KPI document, as you go back and forth with your logistics provider so the document becomes a “win-win” for both parties. All KPIS have metrics to measure. The more KPIs, the more difficult the negotiation process. Effective KPI Management Requires Periodic SLA/KPI Review.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

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. What is logistics?

Supply Chain Planning Software 69

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

ShipBob

NOVEMBER 6, 2023

Cutoff analysis Cutoff analysis is when you pause operations such as receiving and shipping at the time of the physical count to ensure nothing is being handled and goes unaccounted for. This documentation accounts for any units that are in transit and also in case anything is lost or damaged in transit.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Freight Plus

MARCH 20, 2020

Come up with a set of internal metrics that will go towards eliminating problem areas. 5, Technology: Vendor Compliance Programs and the scorecards they're graded against are no longer simply about document transfer. 1, Audit, Audit, Audit: In order to avoid chargebacks, you first need to identify them by auditing your invoices.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Freight Plus

MARCH 20, 2020

Come up with a set of internal metrics that will go towards eliminating problem areas. 5, Technology: Vendor Compliance Programs and the scorecards they're graded against are no longer simply about document transfer. 1, Audit, Audit, Audit: In order to avoid chargebacks, you first need to identify them by auditing your invoices.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Supply Chain Game Changer

OCTOBER 4, 2022

A PMO may help a company’s procurement process by approving supplier names, documents, and histories and taking the necessary remedial steps. Distribution Network And Manufacturing Performance Metrics. Finally, a project manager must assess the overall effectiveness of the logistic chain of the production process.

Manufacturing Procurement 81

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 81

Logistics Viewpoints

NOVEMBER 23, 2020

All of those stockouts were extremely small; Ipsen’s metrics counts a stock out for any product not immediately available in any nation, even if typical monthly sales are just a few units. One failure, for example, related to an importation document that did not arrive on time. Often the stock outs are not a planning issue.

Customer Service 192

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 192

SupplyPike

FEBRUARY 26, 2020

Deductions are relatively easy to dispute by uploading a few documents and submitting them to Walmart. (We Prepaid orders are shipped to Walmart by you. Present the best possible case with credible backup documents. Here’s the bad news. We make it even easier with our Deductions Navigator software.) Over communicate!

How To 52

How To Supply Chain Software Canada Retail 52

Intelligent Audit

SEPTEMBER 9, 2021

With the growing focus on and demand for two-day and even same-day shipping, consumers want fast and reliable shipping services, which always come at a price. Inability to match invoices to shipment documentation, including POD, quickly. Increased cost savings through zone skipping and streamlined shipping services.

Freight 52

Freight Expense Reduction Supply Chain Planning Software Cost Reduction Strategies 52

GlobalTranz

JUNE 18, 2015

Product travel in reverse of their original paths from the seller to buyers’ locations, after which they may undergo disassembly and disposal or recycling, or repair or refurbishment, testing, packaging, warehousing, resale, shipping, customer support, and other reverse logistical processes executed by the seller outsourced services.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

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. Strategic: Set forth a document with a mission statement and purpose explanation for the organization’s third-party and supply chain risk management program. Tactical: Monitor risk indicators continuously.

Supply Chain Risk Management 52

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

Talking Logistics

JUNE 22, 2015

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 billion barrels over the lifetime of the vehicles sold under the program.

Vendor Strategies 100

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 100

ModusLink Corporation

MARCH 29, 2022

According to Castillo (2021), most e-CRM software also has the ability to analyze your site’s metrics, for example: Conversion rates; Customer click-through rate; E-mail subscription opt-ins; Which products customers are interested in. This allows an e-Commerce business to cater an online shopping experience exactly to a customers’ needs.

Optimization Software 78

Optimization Software Logistics Network Optimization Software Procurement Analytics Procurement Solutions 78

OptiProERP

MARCH 15, 2022

The production schedule is a versatile and important document that focuses on planning, forecasting, predicting, and meeting demands on time. The warehouse is notified when to pick, pack, and ship materials to diminish expedited shipping fees. Greater metrics are gained to analyze performance and make informed decisions.

Manufacturing Procurement 78

Manufacturing Procurement Optimal Sourcing Material Savings Resource Reduction 78

Veridian Solutions

SEPTEMBER 20, 2018

A Guide to the Warehouse Metrics Supply Chain Execs Should Track. ” Skilled cycle counting refers to reducing instances of documenting discrepancies, following up on issues that led to inaccurate cycle counts, enabling process improvement, and taking corrective actions to minimize the inaccuracies in the future.

Inventory Management Software 45

Inventory Management Software Inventory Management Inventory Reduction Optimal Sourcing 45

Taulia

NOVEMBER 28, 2021

The supplier quality index calculation is variable depending on the metrics you choose to measure, but an example formula is below: (Quality of goods x 50%) + (standard of corrective actions x 25%) + (communication x 25%). Perfect order rate. Rate of return. And finally, there’s rate of return.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

SupplyPike

JUNE 22, 2020

Are you a supplier for Walmart who is looking for a central repository for the information, documents, reports, and special applications to manage your business with Walmart? If there is a disastrous storm expected, the priority of businesses would be to establish shipping alternatives. Retail Link provides you all this. Merchandising.

Retail 58

Retail Supply Chain Planning Software Procurement Analytics Forecasting Software 58

SCMDOJO

JULY 24, 2023

They can be trucking companies, airlines, shipping lines, or rail operators, depending on the mode of transportation chosen for the specific shipment. They handle documentation, customs clearance, compliance, and ensure that shipments comply with legal and regulatory requirements. 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

Unleashed

JANUARY 10, 2023

Set up supply chain mapping and event planning Supply chain mapping is the process of documenting all of the individuals and companies involved in your supply chain, from manufacturing components to shipping out the finished product. Continue to optimise until your entire production ship is firing on all cylinders.

Supply Chain Planning Software 52

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

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. What is Logistics Data? Total Transportation Spend.

Optimal Sourcing 52

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