SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. This is achieved by helping business owners determine the right time to restock their items or purchase materials for production.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

Locus

JANUARY 29, 2023

It’s official: last-mile is the place to deliver growth, what with the explosion in online purchases by consumers showing no signs of shopping. The heat is on businesses to deliver excellence in last-mile fulfillment , contribute to revenue, and create experiences for consumers that keep coming back for more.

Procurement Analytics 52

Procurement Analytics Eliminating Excel in Purchasing Cost Reduction Strategies Supply Chain Design Software 52

Zipline Logistics

FEBRUARY 9, 2021

Logistics data has taken a front seat at forward-thinking CPG brands due to its ability to drive impactful and profitability-focused decisions in all facets of the supply chain. Its place in logistics decision making has become critical and can help your organization find the right route, carrier, and receiving location for retail orders.

Optimal Sourcing 52

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

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. To help, here are 5 questions to ask when talking to prospective logistics services providers. Do they have the buying power? What’s the ROI? What technology can they offer?

3PL 100

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

Logistics Viewpoints

NOVEMBER 30, 2020

On November 18 th , Target Corporation reported its third quarter earnings. Shouldn’t logistics expenses be scaling in a way that would decrease margins? Target admits logistics costs are increasing. A buyer now “purchases for one business.” Target’s Shipt Subsidiary Does Same Day Deliveries.

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Elementum

FEBRUARY 7, 2024

Logistics Management: Streamlining Operations with AI In logistics, AI-driven process automation optimizes routing, fleet management, and delivery schedules, significantly reducing operational costs and improving efficiency. Common performance metrics include process completion rate and the number of automated tasks.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Game Changer

MARCH 26, 2021

As a company grows, logistics become increasingly bigger and more complex. 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.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 98

Zipline Logistics

MARCH 31, 2020

It measures on-time delivery performance and tracks metrics through a supplier scorecard given to all vendors working with Publix. . Publix calculates this metric monthly and reported to vendors. . Reports estimate that 24 percent of Amazon’s online revenue comes from this issue alone. .

Vendor Strategies 52

Vendor Strategies Guidelines Inventory Reduction Procurement Analytics 52

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The total cost of ownership analyzes the total costs of the buying decision.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Shaman

APRIL 27, 2022

Supply chain excellence is easier to say than to explain. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) The reason?

Procurement Analytics 332

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 332

Supply Chain Game Changer

OCTOBER 1, 2022

Having an excellent business fleet is one of the secrets of highly successful companies. A functional digital tachograph can measure significant metrics like speed, driving time, and driver’s activity. The increasing cost of fuel, car maintenance and purchasing of vehicles can drain a company’s resources.

Supply Chain Software 97

Supply Chain Software Logistics Network Optimization Software Procurement Solutions Tools 97

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Logistics network inefficiencies can also leave costly trails. And you’re not to blame.

Predictive Analytics Software 59

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

Zipline Logistics

JANUARY 24, 2020

Logistics is a critical function for CPG suppliers selling into big-box retail locations. Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. We have a few tips on how to make logistics improvements to increase OTIF performance.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

Unleashed

MARCH 26, 2023

Xero’s native inventory features include: Track up to 4000 stock items Enter and review stock quantities Add items to an invoice You can use this information in conjunction with Xero’s regular accounting suite to compare different financial metrics. But as customers purchase products, those levels need to shrink again.

Inventory Management Software 52

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

Supply Chain Shaman

FEBRUARY 16, 2016

One of my clients waits four days for a custom report. Digital logistics? The use of GPS, telematics, and cognitive learning to build logistics systems that sense and adapt.) Digital path to purchase? Lora thinks that we are never too old to learn or to push for supply chain excellence. No one waits for a picture.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Software Supply and Demand Supply Chain Design 150

Supply Chain Opz

AUGUST 2, 2018

While on the surface it is true to say that in most organizations inventory is a highly visible dimension of Supply Chain performance impacting company accounts and a key reportable metric of business performance. Foundational excellence in People, Process and Systems capability needs to underpin the deployment of the model.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

ShipBob

DECEMBER 13, 2023

By the end of this article, you’ll gain insights into which inventory health indicators you should be monitoring, how to overcome common inventory management hurdles, and see how a third-party logistics provider like ShipBob can help. These metrics provide valuable insights into how well your inventory is managed.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

ThroughPut

OCTOBER 16, 2022

All essential data points including product, suppliers, procurement, purchases and sales can be tracked from the inventory management system and the inventory goals can be further used to categorize inventory metrics. Key Pillars of Supply Chain Inventory Optimization. DEMAND FORECASTING. LACK OF AUTOMATION.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Supply Chain Game Changer

NOVEMBER 17, 2018

Always check the purchase price of the item you want to sell in the Amazon Revenue Calculator to see how much profit you will make after Amazon assesses their fees. Since you will likely be purchasing from a supplier without this UPC code, you will need to purchase it from a third party like BarCodes Talk. Calculating Revenue.

Negotiate Pricing 43

Negotiate Pricing Negotiating Skills Purchasing Skills How To 43

6 River Systems

AUGUST 19, 2020

Quantifiable performance indicators were always considered key metrics by supply chain executives. With the technology available today, companies can track goods from raw materials to the final products, even after the purchase cycle is complete and the products are delivered to end consumers.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 59

Enterra Insights

MARCH 17, 2022

Journalist Shaylyn Esposito ( @ShaylynEsposito ) reports blue is actually a more historically-correct color. “Reach out to other departments about ways to collaborate on sustainability initiatives, and talk to your executive team to gain buy in.” Patrick’s Day, what color springs to mind? She writes, “St.

Supply Chain Design Software 147

Supply Chain Design Software Eliminating Excel in Purchasing Material Savings Waste Reduction 147

ShipBob

AUGUST 25, 2021

In the ecommerce logistics industry , there’s been a lot of buzz on topic of last mile delivery. Some of these inefficiencies often start with improper purchase ordering. A technology-enabled 3PL handles all the logistics associated with warehousing , fulfillment, and shipping. Ines Guien, Head of Logistics at Dossier.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Optimization Software Inventory Reduction 52

HICX Solutions

AUGUST 11, 2021

Other areas now in the spotlight include resilience and logistics. We have clear metrics that talk about payments on time to suppliers, or, if they raise an issue, how quickly is that getting resolved. We have clear metrics and a good sense of how in sync we are with our supplier base.”. The other one is in the area of safety.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Procurement Academy

MARCH 12, 2024

This article is a deep dive into this course – which is specially designed to give the professionals in your team the knowledge and skills they need to excel in strategic cost management. Calculating the Cost Breakdown: This process involves working with cost, finance, logistics and manufacturing process experts.

Optimal Sourcing 69

Optimal Sourcing Negotiating Skills Purchasing Skills Buyer Training 69

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. Despite goals to improve agility and resiliency, functional metrics for manufacturing efficiency continually throw the supply chain out of balance.

Agile and Lean Supply Chain 292

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 292

Precoro

DECEMBER 12, 2023

Rémi Lelarge, the Head of Procurement and Logistics at Electra, shared their story of building a comprehensive procurement process with Precoro. Mr. Lelarge is responsible for sourcing materials and services for constructing cutting-edge e-charging stations and overseeing the delivery logistics from suppliers to Electra's warehouse.

Procurement Solutions 52

Procurement Solutions Pricing Training Purchasing Training Procurement Analytics 52

Logistics Viewpoints

JULY 18, 2022

In the financial year covered by the annual report, the company had seven acquisitions and one divestiture. Driving an excellent supply chain depends on how people are recruited and managed, processes, and the technology used. The manager’s direct reports give anonymous, bottom-up ratings on their managers. Conclusion.

Supply Chain Design Software 220

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 220

Supply Chain Network

MARCH 26, 2012

As part of this effort, they combined their logistics with the retail expertise of SAP software. Though the company had benefited from equity interests in franchised bottling groups, the need to make more from less prompted Coca-Cola to buy out their main North American distribution groups. This company stays on top of technology.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Resource Reduction Supply Chain Strategy 97

ShipBob

NOVEMBER 15, 2021

Logistics Processes to Plan For. Tips for Logistics Planning. No army should go into battle without a plan for attack; similarly, no ecommerce merchant should go into business without a plan for handling their logistics. What is logistics planning? Why logistics planning is important for ecommerce businesses.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The total cost of ownership analyzes the total costs of the buying decision.

Supply Chain Software 33

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 33

ivalua

DECEMBER 18, 2019

Gartner covers this in a recent report: Gartner Supplier Master Data: Gain Control Over Your Supplier Master Data Before It’s Too Late. See Figure 3 in the Gartner Report for some excellent visuals on touchpoints in the supplier lifecycle.) Why Supplier Buy-in for Data Management is Critical. Risk management. Operations.

Optimal Sourcing 130

Optimal Sourcing Data Management Procurement Vendor Strategies 130

Kinaxis

DECEMBER 3, 2014

Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Imagine that your child brings home their report card and it’s a mix of good and fair grades. Why do companies focus on reducing a specific metric?

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

ThroughPut

DECEMBER 3, 2019

The solution is clear – Harnessing the power of the existing data using AI can enable companies to create intelligent supply chains for end-to-end operational excellence. He served on the board of Trammell Crow Company (TCC: NYSE), which was purchased by CB Richard Ellis (CBG: NYSE) in 2006. Curtis was appointed by President George W.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Planning Software San Francisco Supply Chain Network Software 52

Enterra Insights

AUGUST 19, 2020

It spans the purchase of raw materials to the final delivery of the merchandise to the customer, including the intermediate processing of the goods. One of the activities within supply chain operations is logistics. The Interlake Mecalux staff explains, “Logistics forms part of the supply chain. Logistic 4.0

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Analytics Software 100

Supply Chain Trend

NOVEMBER 14, 2016

Sean is a SCOR Master Instructor (SCOR-P), a Fellow of the Chartered Institute of Logistics and Transport (FCILT) and a member of the APICS Supply Chain Council European Leadership Team. The process is implemented because its deemed the right thing to do, but there is limited belief and buy-in by the executives.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Resource Reduction 60

Supply Chain Shaman

MARCH 21, 2022

The pending effect of fuel on logistics costs is an overlay for all companies struggling to manage the bottom line. 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. .”

Modeling 280

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 280