Unleashed

NOVEMBER 26, 2020

How to calculate Safety Stock levels in Excel. You can calculate safety stock levels in Excel by setting up your spreadsheet as per the image below. The safety stock formula can be calculated in Excel with a simple table. Column E is the average number of days it takes to receive goods of that type once you place a new order.

Examples 98

Examples Manufacturing Procurement How To Eliminating Excel in Purchasing 98

Supply Chain Shaman

SEPTEMBER 13, 2021

For example, Distribution Requirements Planning (DRP) has very little to do with Transportation Planning (TMS). In addition, traditional planning implementations assume: Transportation is available, the focus needs to be on negotiating price and efficiently filling loads. Transportation Reliability. The problem?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Purchasing Skills 195

Stord

MAY 15, 2024

Customer satisfaction hinges on more than just the quality of the products purchased; it's also deeply influenced by the efficiency and reliability of the delivery process. When customers hit 'purchase,' they're not just buying a product; they're buying an experience — one that includes a swift and smooth delivery process.”

Logistics Network Optimization Software 78

Logistics Network Optimization Software Sourcing Strategies Logistics Supply Chain Design Software 78

Supply Chain Shaman

MARCH 21, 2022

Transportation constraints are increasing with the risk of many drivers moving from logistics jobs delivering products to construction as the impact of the Infrastructure Deal becomes a reality. Yet, transportation optimization products focus on managing price, not constraints. For example, catalytic converters use palladium.

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

SupplyPike

MAY 14, 2020

The importance of supply chain management What to watch while consumers are panic buying How to implement supply chain management Supply chain management and Walmart. In the case of online shopping, consumers expect excellent service, on-time supply, and convenient return procedures for unacceptable items. Learn about.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Procurement Analytics 98

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. Let’s take an example. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service.

Supply Chain Design Software 190

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 190

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Responsible for 8% of global greenhouse gases, the fashion industry is a major polluter, especially with the onslaught of “fast fashion”, where people will buy clothes for an Instagram photo and then never wear them again. Leadership Excellence for the Digital Age – LogiSYM January/February 2018. MORE FROM THIS EDITION.

Supply Chain Software 231

Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software Demand Planning Software 231

ThroughPut

APRIL 30, 2024

The What and Why of AI Tools for Supply Chain There is a reason why everyone is talking about AI tools and why people are driven to make impulsive purchases of AI-powered tools. Step 3 – The Metric Selection phase This phase involves identifying key metrics that will help track the actual impact of AI.

Supply Chain Planning Software 52

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

Supply Chain Shaman

JUNE 7, 2018

Or agreement on the definition of supply chain excellence. As a result, functional excellence anchors action. The focus is on digitization—automating today’s processes—versus rethinking process excellence based on the art of the possible. An orbit chart is a plotting of data at the intersection of two metrics.

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 238

Supply Chain Insights

JANUARY 18, 2018

Here are my predictions for 2018: Supply Chain Excellence as We Know It Is Redefined. Supply chain excellence definitions evolve as companies explore the Art of the Possible. This includes SCOR, APICs, Gartner Top 25 Supply Chains, Gartner Hierachy of Metrics, etc. Examples include Bark Box, Dollar Shave Club, and Blue Apron.

Prescriptive Analytics Software 197

Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 197

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. However, the stories of success are largely project improvements or improvements in vertical supply chain efficiency in manufacturing or transportation. Growth in car buying stimulated the value chain.

Inventory Reduction 161

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 161

4WL Consulting

MARCH 17, 2016

Working with a managed transportation services provider (3PL) is an excellent way for shippers to improve their logistics operation and reduce costs. Qualified providers will establish and report on KPIs based on the service metrics most relevant to your company. Do they have the buying power? What’s the ROI?

3PL 100

3PL Negotiating Skills Logistics Network Optimization Software Eliminating Excel in Purchasing 100

Unleashed

OCTOBER 6, 2021

It may also be useful to use KPIs for your most important suppliers – for example KPIs for goods and services are delivered, whether they are on time, and whether they meet quality expectations. Instead, it sends the order directly to a manufacturer or another type of supplier, who then transports the order directly to the customer.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. The Terra Technology implementation is an example of demand sensing while the DDMRP implementation is an example of demand translation of the probability of demand into materials requirements. The reason?

Demand Planning Software 272

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 272

Unleashed

DECEMBER 6, 2021

Examples include pre-assembled products, packed ready-to-order sets, gift or subscription boxes, and custom bundles. For example, if your software can consolidate information into one place, you will always have what you need to negotiate deals and contracts – and at a glance. These results are quite often surprising.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

3rdwave

JANUARY 23, 2019

Logistics is a highly procedural function with clearly defined responsibilities and performance metrics. 5 Reasons Logistics and Transportation Should Digitize. For example, freight negotiations are seen as a separate and different activity from track and trace, which in turn is separate from freight auditing.

Logistics Network Optimization Software 86

Logistics Network Optimization Software Transportation Optimal Sourcing Logistics 86

SCMDOJO

JULY 3, 2023

It goes beyond the concepts found in textbooks by providing real-world examples and useful advice. Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. What is procurement and purchasing Lesson 2. Procurement and Purchasing Cycle Lesson 7.

Purchasing Training 82

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 82

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 56

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 56

Enterra Insights

JUNE 24, 2022

This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.” At a grocery store, for example, the worker doesn’t have to know the codes for popular items to be productive.”

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

GlobalTranz

OCTOBER 20, 2017

For example, installers and white glove service professionals made aware booties on their feet to prevent tracking dirt, mud or other debris into consumers’ homes. More importantly, the most popular store for purchasing large, bulky items, such as furniture and appliances, is still Amazon, followed by the Home Depot.

Logistics Network Optimization Software 122

Logistics Network Optimization Software Logistics Procurement Analytics Cost Reduction Strategies 122

Supply Chain Game Changer

MARCH 26, 2021

It can also assist in determining specific metrics that affect the business. When repair work or fuel purchases are needed for fleet operations , some people make their decisions based on factors such as convenience or time investment. Route consolidation would be a good example of what businesses should utilize.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 98

Talking Logistics

NOVEMBER 10, 2014

Several customers addressed those questions in excellent case study presentations: Dr. Bernhard Herzog, Oxea GmbH – “Business Impact of a Supply Chain Operating Network”. “Vendor Interaction Portal – A practical Example for Business Process Management at BASF,” Ralf Kahre and Patrick Gött, BASF, Elemica reveal 2014.

Optimal Sourcing 170

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 170

Supply Chain Shaman

FEBRUARY 27, 2020

Older men buy less underwear than younger males and their packaging was not as attractive to the female shopper buying for the family. The company sold on Amazon, operated its own website, managed outlet stores, and could purchase end-aisle displays in major retail chains. Let me give you an example. Visualization.

Analytics Software 248

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 248

Precoro

FEBRUARY 27, 2023

Streamlines Internal Procedures Spending data analysis sheds light on similar purchases between different departments. It enables them to cooperate even more closely to create fewer purchase orders and get things done faster by grouping multiple items and services into one purchase. Let's learn more about them.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Supply Chain Shaman

OCTOBER 2, 2020

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. Foundational to supply chain excellence is the reliability of delivery, quality, and service. The Sleep Number Story of Supply Chain Excellence.

Customer Service 324

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 324

Logistics Bureau

OCTOBER 19, 2020

Suppose you wanted to be the fastest runner in the world, for example. The performance measurement pillar, which is the one used for benchmarking, is essentially a hierarchy of key performance indicators (KPIs), comprising more than 150 metrics organised into two levels. Those levels are “benchmarks”.

Benchmarking 52

Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. An example of a global demand network is IBM iBAT. In 2012 I built on these concepts to define the market-driven value network.

Material Savings 195

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 195

Supply Chain Shaman

JUNE 29, 2016

The network senses, translates, and orchestrates market changes (buy and sell-side markets) bi-directionally with near-real time data to align sell, deliver, make and sourcing organizations outside-in. Thoma Bravo purchased Elemica in June 2016. For example, the consortia players are conservative and struggle with board alignment.

Supply Chain Network Software 157

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 157

Supply Chain Shaman

NOVEMBER 9, 2014

Let me give you an example: Last week, I gave a presentation at a global supply chain team meeting of 175 professionals. This team is not buying the message. So much so, that three years ago, I founded a research company to focus on understanding supply chain excellence. It was a large multinational company. It was not measured.

Manufacturing Procurement 289

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 289

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. For example, should customer sentiment data feed into quality systems?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

BlueYonder

JANUARY 31, 2023

The visibility will include not just the short-term purchase order or ASN-level visibility, but also the tactical kind of forecast collaboration with the suppliers. If the organization is used to doing certain things in Excel, just automating the same process will not be sufficient.

Automotive 85

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 85

ThroughPut

FEBRUARY 23, 2024

Even as some supply chains are struggling to harness the power of AI for multiple reasons , some others are already setting great examples. With so many changing variables, excel sheets or human intervention alone can’t gain the level of visibility needed to forecast the future. Operational chaos and so much more.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

3rdwave

JANUARY 23, 2019

Logistics is a highly procedural function with clearly defined responsibilities and performance metrics. 5 Reasons Logistics and Transportation Should Digitize. For example, freight negotiations are seen as a separate and different activity from track and trace, which in turn is separate from freight auditing.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Transportation Optimal Sourcing Logistics 40

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. Procurement and purchasing Before goods can be sold and delivered to customers, they must be produced, acquired, and prepared for sale. In a manufacturing setting, this step involves the purchasing of raw materials and production equipment.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. For example, you can be doing finance in supply chain, or you can be doing operations. APICS, for example, runs some really good supply chain and logistics programmes.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Supply Chain Shaman

OCTOBER 7, 2012

These can be shift in the channel, issues in manufacturing, increasing variability in transportation, or a shift in commodity prices. Agile Transportation and Distribution Networks: The use of alternate routing and mode, cross-docking, yard management and warehouse management to absorb changes in volume and the shifts in tasks.

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

Supply Chain Insights

AUGUST 29, 2017

It matters not what your metric is, you get the same results: too much of our trade spend goes down the drain, doesn’t it? Demand signals include shopping trends, digital footprints of shopping online or looking at recipes, talking to their neighbors and friends on social media, buying habits, and consumption data.

Supply Chain Planning Software 95

Supply Chain Planning Software Forecasting Software Predictive Analytics Software Modeling Software 95