Logistics Viewpoints

DECEMBER 1, 2022

Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. In 2023, consumers will be less forgiving and poised to buy from retailers whose delivery performance is commensurate with the rest of the shopping experience. Figure 1: U.S. Container Import Volume Year-over-Year Comparison. Somewhat nailed it.

Predictive Analytics Software 198

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 198

SCMDOJO

MARCH 19, 2024

This includes providing excellent customer service, so businesses can enhance customer satisfaction and loyalty. Analyze performance metrics and implement improvements to enhance efficiency. Coordinate with various departments to meet production and delivery targets. Optimize inventory levels to meet demand efficiently.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

DynaSys

SEPTEMBER 22, 2021

How to Select a Supply Chain Planning Tool. And this is only one metric where you could be doing a lot better. If you believe the tools you’re using on a daily basis are a big reason why your planning isn’t working; here are 3 tips you should follow to get your project off the ground. So you’ve finally had enough!

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Demand Planning Software Optimization Software 52

Unleashed

OCTOBER 16, 2023

It aims to ensure you always have enough raw materials available to meet demand and maintain production levels while avoiding operational lost time. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Balancing inventory costs with cash flow constraints can also be a challenge.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Supply Chain Shaman

JANUARY 8, 2014

When I meet with my customers, I get thumbs-down feedback. Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. ” Supply Chain Leader.

Procurement Analytics 261

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 261

ThroughPut

JULY 6, 2021

Do you remember the time when the COVID-19 pandemic lockdowns were announced across the world, followed by the panic purchase of essentials to the point where supermarkets and grocery stores were left with empty shelves? Reshaping the manufacturing world to meet new demands. What makes this process easier? How to make it easier?

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

Logility

DECEMBER 28, 2020

You may have called a few meetings, written a few emails, maybe even scribbled on a whiteboard and snapped a photo. Specifically, practitioners can use intuitive displays to drill into safety metrics, product quality, on-time delivery, cost efficiency, and much more. It’s a high bar. That’s not good enough. Quality Control.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Manufacturing Analytics Software 130

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. This sounds obvious. Sadly it is not.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

SCMDOJO

FEBRUARY 29, 2024

Your supplier may charge you an agreed-upon price, but if the service is unmarked or the merchandise is of poor quality, you won’t be able to meet your savings goals. The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Logility

DECEMBER 29, 2020

You may have called a few meetings, written a few emails, maybe even scribbled on a whiteboard and snapped a photo. Specifically, practitioners can use intuitive displays to drill into safety metrics, product quality, on-time delivery, cost efficiency, and much more. It’s a high bar. That’s not good enough. Quality Control.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 130

Supply Chain Shaman

JUNE 29, 2014

The market for network design tools was growing at a moderate rate, and most of the market had invested in technologies from either i2 Technologies (then termed i2 Strategist) or Logictools. Network design tools were essential to manage the improvement of both together. Cost-to-Serve and Top-to-Top Meetings. The gap is tough.

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

SCMDOJO

JULY 3, 2023

Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. You may make an informed selection and select the procurement training programme that best meets your needs by carefully weighing these considerations. What is procurement and purchasing Lesson 2.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Unleashed

JANUARY 24, 2022

MRO stands for Maintenance, Repair and Operations and refers to the MRO of the machinery, equipment, and tools necessary to run a business. The MRO inventory required for regular forklift maintenance includes filters, spark plugs, hoses, oil, coolant and grease, as well as the tools necessary to undertake any forklift maintenance and repairs.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Arena Solutions

OCTOBER 12, 2023

Meet Arena’s internal audit expert To ensure your PLM, QMS, and everything in between are aligned, an internal audit is an indispensable tool to effectively help you understand how your company is performing and prepare your team for imminent audits. Internal auditing is key to maintaining a healthy QMS.

Quality 87

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 87

Supply Chain Shaman

OCTOBER 29, 2014

The meeting is on everyone’s calendar. There is an abundance of pastries flowing from the basket, and the stage is set for an impactful meeting. Even though things seem to be going well (all of the meeting details are well-executed and the speaker is giving an energized presentation), the room is eerily quiet.

Supply Chain Planning Software 320

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 320

Supply Chain Game Changer

AUGUST 30, 2021

They will understand more about improving processes and learn some techniques and tools they can employ in their future careers. Goldratt and Jeff Cox convey lessons in improving processes and operational excellence through a story about a small-town factory that’s heading for disaster. The Goal: A Process of Ongoing Improvement.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

ThroughPut

FEBRUARY 23, 2024

With so many changing variables, excel sheets or human intervention alone can’t gain the level of visibility needed to forecast the future. In short, AI for demand forecasting facilitates the creation of an agile ecosystem where companies can predict demand in real-time and can quickly adapt to meet the changing demands of their customers.

Predictive Analytics Software 59

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

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. While the optimal model will differ dependent on the type of products sold the considerations are similar.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

ShipBob

DECEMBER 13, 2023

Inventory health is the balance of maintaining stock levels that meet customer demand without leading to overstocking or understocking. Balanced supply and demand: Ensures stock levels meet customer demand without surplus. These metrics provide valuable insights into how well your inventory is managed. What is inventory health?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Precoro

MAY 27, 2021

It can either make you a company's superhero or add extra headaches and purchasing risks because poor supplier management leads to the following problems: Missed saving opportunities and not enough leverage in negotiating with new suppliers. Poor supplier performance due to the lack of oversight, analytics and clearly defined requirements.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Supply Chain Shaman

SEPTEMBER 20, 2015

How do they buy from you? How do they buy from you?” As I sat with the team, and discussed the future of supply chain, they impressed me with their by their use of planning tools and their process diligence on building inventory strategies to enable a customer-segmented supply chain. Why does it matter to you?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

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. Setting reorder points for the most frequently purchased items can help significantly improve inventory efficiencies and save costs.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

SupplyShift

JUNE 17, 2021

This helped the company focus its sustainability strategies on key international ESG issues, as well as to target metrics that investors and consumers now track. For companies struggling to prioritize or identify their overarching goals, SASB’s materiality matrix is another excellent starting place.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

SupplyShift

JUNE 17, 2021

This helped the company focus its sustainability strategies on key international ESG issues, as well as to target metrics that investors and consumers now track. For companies struggling to prioritize or identify their overarching goals, SASB’s materiality matrix is another excellent starting place. Secure Buy-In.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

SCMDOJO

JULY 24, 2023

It boasts excellent infrastructure, including well-connected harbors, well-educated people, and multilingual capabilities, making it an international logistics hotspot. While it possesses the buying power of a large corporation, NUNNER focuses on providing tailor-made solutions to its customers.

Logistics Network Optimization Software 90

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

SCMDOJO

AUGUST 4, 2023

By having a leaner inventory, you can better forecast demand and ensure that you have enough stock to meet customer needs without overstocking. But times are changing, the use of reduce inventory offers more quality and useful performance metrics. Furthermore, reducing inventory can help mitigate the risk of stockouts.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

Logility

AUGUST 23, 2016

Most likely the company will still need to forecast raw materials, purchased components, and/or sub-assemblies to be able to meet customer demand. Contrary to popular belief using Excel as a forecasting “system” is not a best practice. Spreadsheet Sabotage.

Forecasting 100

Forecasting Forecasting Software Supply and Demand Inventory Reduction 100

Logility

MAY 22, 2020

Users are accustomed to building everything in Excel and manipulating the data as needed for their own particular use, typically using static reports or spreadsheets that are siloed in specific departmental needs. What information do the users really need to meet their business goals? Starting at the Top. Starting at the Top.

Analytics Software 148

Analytics Software Metrics Supply Chain Design Software Supply Chain Software 148

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. When it comes to customer service, how you manage your WooCommerce order fulfilment plays a vital role in meeting customer expectations. 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

Talking Logistics

JUNE 30, 2015

It is easy to understand why strategy is often set aside to meet immediate needs of getting product shipped out the door. Volatility in pricing trends are opportunities to lock in contractual rates, though shippers and logistics providers must also maintain flexibility to leverage spot buys as needed. Disaggregate freight spend data.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

ThroughPut

OCTOBER 7, 2022

Reshaping the manufacturing world to meet new demands. Manufacturers are also increasingly leveraging predictive analytics for long term demand forecasting and short term demand forecasting and while it produces accurate demand data , it is important to have real-time metrics at hand. What makes this process easier?

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 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. Look out for industry-type events in your area, as these provide an opportunity for you to meet lots of people. Sea Change—A Supply Chain Career is now seen as ‘Cool’. Networking. Data Managers.

Supply Chain Planning Software 96

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

SCMDOJO

DECEMBER 11, 2023

These reports serve as navigational tools, offering insights into different facets of the procurement process. From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Supply Chain Game Changer

NOVEMBER 17, 2018

You can also use tools like the MerchantWord’s keyword researcher to find items that are being searched for frequently online. Other tools like Datahawk , CamelCamelCamel and ASINspector and Sellics can allow you to easily research keywords, calculate ROI, unveil attractive niches and increase your SEO. Calculating Revenue.

Negotiate Pricing 43

Negotiate Pricing Negotiating Skills Purchasing Skills How To 43

Supply Chain Shaman

AUGUST 21, 2015

Like a hammer looking for a nail, it seems like every vendor I meet now has an S&OP solution. Data visualization is quickly advancing in the tools. One of the issues that clients face is the ability to configure the application to meet their needs. The technology market is rife with unsubstantiated claims and myths.

S&OP 150

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Design Software 150

Procurement Academy

MARCH 12, 2024

Today’s competitive business landscape demands cost optimization tools that significantly move the needle. This comprehensive program is designed to equip businesses with the right tools, techniques, and insights to unlock greater efficiency and competitiveness. This includes maintenance, operation, support, and disposal costs.

Optimal Sourcing 69

Optimal Sourcing Negotiating Skills Purchasing Skills Buyer Training 69