Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. The lubricants are oils and greases to reduce friction and prevent moving machine parts from grinding. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. Overview of Shell.

Demand Planning Software 322

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 322

SCMDOJO

APRIL 11, 2025

But what if you could get a clear, birds-eye view of your core performance without investing in complex, expensive software? Running procurement and supply chain without metrics is like driving blindfolded. Control Costs: Track value beyond just the purchase price and manage inventory effectively. Our course breaks down TCO/TCS.

Pricing Training 72

Pricing Training Negotiating Skills Optimal Sourcing Purchasing Skills 72

Supply Chain Shaman

OCTOBER 29, 2020

In a win/lose relationship, one party gains at the expense of the other. Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. The company in an effort to reduce costs outsourced payments. True collaboration is systemic. My takeaway?

Optimal Sourcing 299

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 299

ivalua

JUNE 29, 2020

The average hospital spends nearly 30% of its overall non-labor operating expenses on supply chain expenses. According to this same research, there is an opportunity to reduce total supply expense by average of 17-18% for a given hospital. The Path to Supply Chain Excellence. What is The Fundamental Challenge? .

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Procurement Academy

JANUARY 16, 2025

A process audit report is designed to, ultimately, streamline processes, enhance decision-making and drive overall procurement excellence. Typically, a procurement audit report will review areas such as the agreement of contracts, pricing data and purchase information, financial statements, stakeholder data and supplier performance records.

Procurement Analytics 52

Procurement Analytics Sourcing Strategies Optimal Sourcing Negotiating Skills 52

Kinaxis

DECEMBER 12, 2017

With the calendar, I was able to schedule my known income (paycheck) and my known expenses (car loan, mortgage, utilities, taxes, groceries, etc.) It was my crystal ball, and I regularly asked it questions like: What if I buy that awesome new 27″ Sony Trinitron television this week, could I still make my mortgage payment?

Supply Chain Planning Software 196

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Planning 196

Silvon Software

MAY 6, 2025

Modern platforms pull data from a wide array of sources: ERPs, relational databases, Excel files, cloud apps, third-party providers, and beyond. Packaged Analytics, KPIs & Reports Ready-to-use reports, metrics, and dashboards that accelerate time-to-insight. Eliminates data silos Stop getting different answers to the same question.

Prescriptive Analytics Software 89

Prescriptive Analytics Software Analytics Software Supply Chain Design Software Predictive Analytics Software 89

Supply Chain Shaman

NOVEMBER 28, 2016

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. Performance on the Supply Chain Metrics That Matter.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

Supply Chain Game Changer

MARCH 26, 2021

5 Insights for Managing Your Fleet Strategy! If an organization finds a way to reduce operational costs, it can lead to savings that apply directly to the bottom line. Here are 5 ways that a company can reduce operational expenses for fleet management. And unexpected breakdowns are very expensive. Email Address.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 98

SCMDOJO

AUGUST 4, 2023

If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business. But when should you consider reducing inventory? The same applies to inventory reduction.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 98

NC State SCRC

JULY 23, 2017

Yet the purchasing company continues to pay the bill for these non-productive hours. In one company, application of these strategies in the exploration drilling area cut planning time in half, execution time by 20%, reduced overall costs by over 15% and increased the groups overall success rate. Capital Overruns.

Expense Reduction 66

Expense Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 66

6 River Systems

DECEMBER 11, 2018

Seeing this, we decided that it would be helpful to compile a curated list of 50 of the best tips on logistics planning and strategy that we could find. Logistics strategies for streamlined fulfillment. Create an adaptive unified buying process. “If you look at the typical buying process, it is bifurcated based on geography.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Expense Reduction 75

SCMDOJO

JUNE 9, 2025

It ensures consistency in formatting, eliminates repetitive tasks, and reduces the risk of data entry mistakes. In the procurement phase, documentation begins with purchase orders and supplier contracts. Brands that prioritize documentation accuracy reduce these risks and avoid hidden expenses from avoidable errors.

Supply Chain Planning Software 52

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

Precoro

JUNE 2, 2025

It provides insights into the company's future profits, expenses, and income. Although some executives are skeptical about forecasting, citing its unreliability and inaccuracy, a systematic approach to forecasting with realistic expectations can completely transform the fiscal year strategy. Finally, what is financial forecasting?

Forecasting 45

Forecasting Forecasting Software Expense Reduction Procurement Solutions 45

Zipline Logistics

MARCH 4, 2025

If you recently scored a purchased order (PO) from Walmart, congratulations! On February 1 st , 2024, these requirements changed to 90% for on-time and 95% for in-full metric s. The consequences of not meeting OTIF standards go beyond fumbled revenue for not having product on the shelf. But that’s the cut off!

Shipping 52

Shipping Cost Reduction Strategies Expense Reduction Purchasing Skills 52

Supply Chain Shaman

OCTOBER 8, 2017

” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” It is not feasible to reduce this error to 30% MAPE. Inventory strategies and processes to absorb the error. Demand latency is the time from channel purchase to translation into an order.

Supply and Demand 199

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 199

Logility

FEBRUARY 3, 2022

If executives want their organizations to stay relevant, they must re-orient and embrace supply chain sustainability as part of their core strategy and operations. Focus on strategies that create long-term value Sustainable business practices aren’t just about protecting the environment or the people of the world.

Sustainability 130

Sustainability Expense Reduction Vendor Strategies Cost Reduction Strategies 130

Precoro

MARCH 30, 2022

A procurement team, if perceived as a partner rather than an executor by internal stakeholders when defining and executing the company's business strategy, proves to deliver. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte. What is a procurement strategy ?

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Kinaxis

MARCH 9, 2015

by John Westerveld In part one of this blog we determined that the Master Scheduler has a challenging job with Master Scheduling, but you may be thinking that ERP system you’ve spent millions on buying and implementing must make the Master Scheduler’s job so simple it’s as easy as pushing a button, right? And ERP customization is expensive.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Modeling Software Analytics Software 100

Enterra Insights

JUNE 24, 2022

They are: • Accuracy : “Barcodes eliminate manual entry of product information at receiving, meaning there are far fewer opportunities for error. 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.”

Supply Chain Design Software 130

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

ShipBob

OCTOBER 24, 2022

Demand forecasting helps reduce risks and make efficient financial decisions that impact profit margins, cash flow, allocation of resources, opportunities for expansion, inventory accounting , operating costs, staffing, and overall spend. Developing a pricing strategy. Preparing your budget. Ryan Casas, COO of iloveplum.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

Supply Chain Shaman

JANUARY 18, 2016

Customers are buying less. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. Success of New Business Models. Disintermediation.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

Supply Chain Shaman

AUGUST 26, 2015

The inherent buying patterns of consumers are also changing. Purchases in the center store of the grocery store are in decline, and apparel tastes are shifting. There has never been a better time to think about reduction of demand latency and using market signals to sense demand. Simply put, it is expensive.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

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

Precoro

JULY 29, 2024

An online procurement system, also known as e-procurement software, is a digital platform designed to streamline and automate the buying process within an organization. At its core, an online procurement system centralizes purchasing activities. At its core, an online procurement system centralizes purchasing activities.

Procurement Solutions 105

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 105

Logistics Viewpoints

NOVEMBER 30, 2020

More than 95% of Target’s third quarter sales were fulfilled by its stores; fulfilling orders in stores is more expensive because in-store customers do their own picking, but fulfilling digital orders requires store labor. The last mile is far more expensive than delivering goods by truckload or less-than-truckload to stores.

Procurement Analytics 100

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 100

BlueYonder

NOVEMBER 30, 2012

At a recent industry conference, I asked my 80-plus audience to raise their hands if they were “OK” with the current status of their performance measurement governance practices – including Metrics Identification, Measuring, Tracking, and Controlling. This can be due to inability to understand the tradeoff and interrelation between metrics.

Agile and Lean Supply Chain 53

Agile and Lean Supply Chain Lean Government Waste Reduction 53

Silvon Software

APRIL 18, 2024

Insights gleaned from robust data analytics enable core business areas to identify opportunities for risk reduction, enhance operational efficiencies, and foster strategic initiatives that drive business growth. This reduces the need for manual mapping of data fields, which can be error-prone and time-consuming.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

ShipBob

APRIL 13, 2021

However, there is a wide range of metrics that you should be tracking to help your online store grow. Why ecommerce performance metrics are important. Why are ecommerce performance metrics important to your online store? Indirect expenses, like certain overhead costs. Marketing expenses. Table of Contents.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

synchrono

JANUARY 31, 2017

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. Mark also writes: “Metrics that have the attention of business and manufacturing leaders tend to be those that get measured and improved upon by their employee teams.”. Metrics for Action. Count the cost.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

ThroughPut

NOVEMBER 12, 2020

Whether manufacturers rely on ground, rail or sea to reach end-customers, the extent of disruption is unprecedented and this creates a need to rethink their warehouse fleet and carrier strategies. In the context of warehousing, the idea is to eliminate those wasteful processes that consume resources but may not add any additional value.

Warehousing 52

Warehousing Expense Reduction Supply Chain Design Software Inventory Reduction 52

ShipBob

NOVEMBER 15, 2021

Without logistics planning, business owners risk expensive surprises, inefficiencies, and the inability to scale their business effectively — especially when hard times hit. Like any strategy or contingency plan, it helps protect your business from unanticipated challenges. Reduce supply chain costs. Order fulfillment.

Supply Chain Planning Software 98

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

Supply Chain Management and Analytics

JANUARY 9, 2021

Customer Success is a marketing strategy that was developed for SaaS (Software as a Service) companies to keep their customers longer and generate more income. So, if you want to keep your customers close, ensure your satisfaction with solutions that help them achieve the goal that generated the need for that purchase.

Purchasing Training 52

Purchasing Training Expense Reduction Material Savings Resource Reduction 52

SCMDOJO

JULY 24, 2023

By leveraging the expertise and resources of a specialized logistics partner, companies can streamline operations, reduce costs, and improve service levels, ultimately gaining a competitive advantage in the market. While it possesses the buying power of a large corporation, NUNNER focuses on providing tailor-made solutions to its customers.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 98

6 River Systems

JULY 25, 2019

“Currently, the biggest challenge for supply chain managers is…” Keeping up with consumers and their buying behaviors. Merchants can also implement a data integration strategy in iterative steps, effectively taking action today on events to come tomorrow to bolster your business against change.

Supply Chain Planning Software 96

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

Unleashed

JUNE 26, 2024

It connects inventory management with related functions, such as purchasing and customer management, to enable a unified platform for operations. In addition to real-time inventory management, most tools also provide functionality for managing purchase orders , integrating sales, and storing customer information.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

SCMDOJO

MAY 14, 2025

How to Turn Your Data into a Strategic Asset for Business Transformation Every business generates vast amounts of data daily, from customer interactions and sales transactions to supply chain movements and employee productivity metrics. Finance teams incorporate operational metrics that provide context for financial outcomes.

Procurement Analytics 72

Procurement Analytics Analytics Software Supply Chain Planning Software Data 72