Logistics Viewpoints

SEPTEMBER 19, 2022

The company buying his company, EXE Technologies, is now infamous among those who have followed the WMS market. Executives-in-residence are looking to join the executive team of the target company but also may be considered, in a sense, an insurance policy. Quiet Logistics had been buying autonomous mobile robots from Kiva Systems.

Modeling Software 203

Modeling Software Supply Chain Planning Software Logistics Network Optimization Software Demand Planning Software 203

Supply Chain Shaman

MAY 21, 2013

In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider. They are primarily focused on cost management on new purchase decisions. Buckle to sales tactics and conventional relationships policies. Originally healthcare suppliers sold to physicians.

Modeling 239

Modeling Modeling Software Pharmaceutical Procurement Analytics 239

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. To run the department, a supply chain manager needs certain supply chain metrics and KPIs to improve performance. Enroll Now!

Optimal Sourcing 76

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 76

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. In times of uncertainty, cash is king.

Optimal Sourcing 235

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 235

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. Read it all here.

Supply Chain Planning Software 52

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

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. With the downturn in the financial markets, the looming recession, and the fundamental shifts in demand—less travel and stay at home work policies—demand is changing. Clarity of Supply Chain Excellence.

Supply Chain Design Software 308

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 308

Supply Chain Shaman

SEPTEMBER 20, 2015

How do they buy from you? How will the policy be executed? How do they buy from you?” Today, there is not a well-defined template on how to build and operate a supply chain defined by customer policy and segmentation strategy. Why does it matter to you? Over time, as the business evolves, how will it adapt?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Arena Solutions

OCTOBER 12, 2023

Leveraging internal audits to align quality management with key business metrics When asked what are the benefits of conducting an internal audit? Christine said, “I have used internal audits as the baseline to improve our overall business metrics.

Quality 88

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 88

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. The focus is on channel data: price; inventory positions; and policies. Order Policy. Definition of Outside-In Processes.

Material Savings 185

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 185

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

Unleashed

MARCH 21, 2021

The procure to pay process is complex and far more than simply making a phone call, or sending a few emails to arrange the purchase of goods. Keeping all the data when it comes to a company’s purchasing process, let alone organising it, is a daunting task. Return policies. Creating purchase orders. IP and Copyright.

Procurement Analytics 59

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 59

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

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. Rules, engines, policies and metrics need to align.

Analytics Software 242

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 242

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports. At Supply Chain Insights , this is our passion.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Shaman

OCTOBER 10, 2017

AGCO was honored to receive the AME 2017 Excellence Award. AGCO’s culture of innovation policy deployment enabled employees to pioneer a technology solution for manufacturing. The company stuck to a no-tether policy – no battery pack or phone attached to the device. Today, I got a quick email from Peggy Gulick. About Agco.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Material Savings Supply Chain Software 152

Supply Chain Game Changer

MAY 27, 2022

Strategic brand management focuses on long-term results, overseeing future brand development, and deliberately planning policies that add to the brand value. In this way, you will position yourself better in the market, because customers will know why they should buy from you. Target Audience. Research the market. Marketing Strategy.

Sourcing Strategies 90

Sourcing Strategies Supply Chain Design Software Price Reduction Supply Chain Planning Software 90

Supply Chain Shaman

AUGUST 11, 2016

I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. For four years, the company supply chain team argued about the number of supply chains, the customer segmentation strategy and how to tie customer policy to execution. Price and shipping policies should go hand in hand.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

Supply Chain Shaman

OCTOBER 11, 2012

Procter & Gamble and Kimberly Clark); but for most companies that I have worked with, I see that they have purchased and implemented inventory technologies, but there has not been an impact on future years results in either Days of Inventory or Days of Working Capital. Ownership of Inventory as a Metric. What I Think it Means.

Inventory Reduction 246

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 246

Logistics Bureau

DECEMBER 20, 2016

Despite the apparent complexities involved in supply chain management, achieving excellence really doesn’t have to be too difficult. In this post, we explain what those pillars are, why they matter, and how to align them in a way that supports supply chain management excellence. The Importance of Alignment.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

SCMDOJO

AUGUST 4, 2023

But times are changing, the use of reduce inventory offers more quality and useful performance metrics. The usage of useful performance metrics offered by the use of reduce inventory actually reward behavior that tends to enhance your products final quality. Putting a strict policy in place may help you reduce your inventory.

Inventory Reduction 91

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 91

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

Zipline Logistics

MARCH 18, 2020

It currently just uses on-time metrics to grade suppliers and the store’s retail buyers can base purchasing decisions on a brand’s delivery performance. Typically, they evaluate standard metrics like on-time delivery, inventory management, missed shipments, lead time, and costs. Tougher OTIF Standards at Sam’s Club.

Vendor Strategies 52

Vendor Strategies Procurement Analytics Buyer Training Supply Chain Planning Software 52

SCMDOJO

DECEMBER 11, 2023

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. This clarity is vital for assessing compliance with internal policies, industry regulations, and ethical standards.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Tompkins Blog

JANUARY 3, 2014

Likewise, more emphasis needs to be put on monitoring operational performance, using the right metrics that impact the targets set by the overall business goals. Why will they buy our products? This involves major decisions about assets, locations, processes, people, technologies, and inventory policies. Download the paper here.

Inventory Reduction 53

Inventory Reduction Supply Chain Strategy Supply Chain Planning Software Strategy 53

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. A further 41% said they buy multiple versions of the same item with the intent of returning some of them. Having a transparent and fair returns policy is an important first step.

Reverse Logistics 98

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

Supply Chain Game Changer

NOVEMBER 15, 2018

Executive Buy-In and Ongoing Support. First of all if you don’t have Executive Buy-In you are dead in the water. Metrics on quality, throughput, speed, waste and variations on all the above are likely captured precisely at every step of your operation. Honesty is the best policy about the objectives. Measurability.

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Lean Purchasing Training Negotiating Skills 43

Talking Logistics

APRIL 12, 2017

Logistics Excellence: Now & in the eFuture. getting buy-in from drivers and other stakeholders) and implementing appropriate metrics to measure and drive performance.). Will this include drone deliveries? DescartesEvolution keynote by Ed Ryan, complete with drone! pic.twitter.com/rDXqt2Q7rV.

Supply Chain Planning Software 114

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software 114

ShipBob

SEPTEMBER 27, 2021

Dollar discounts, percentages off, buy one, get one deals, and free shipping are great incentive options to entice new and returning customers to make a purchase (or deplete old inventory). The Director of Ecommerce can utilize pre-orders , flash sales , and a customer-focused return policy to help meet goals and drive profitability.

Inventory Reduction 59

Inventory Reduction Optimal Sourcing Price Reduction Cost Reduction Strategies 59

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. Recommend ways to enhance performance metrics such as inventory, delivery, and overdue orders. Purchasing Agent. This post requires a good head for figures as well as excellent negotiation skills.

Supply Chain Planning Software 96

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

ShipBob

SEPTEMBER 27, 2021

Dollar discounts, percentages off, buy one, get one deals, and free shipping are great incentive options to entice new and returning customers to make a purchase (or deplete old inventory). The Director of Ecommerce can utilize pre-orders , flash sales , and a customer-focused return policy to help meet goals and drive profitability.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Price Reduction Cost Reduction Strategies 52

HICX Solutions

AUGUST 11, 2021

Making sense of government policies in different jurisdictions added to the requirement for speed. 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.”.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

American Global Logistics

SEPTEMBER 26, 2023

Sometimes that means bending rigid policies when necessary. Empower frontline staff to deliver excellent service and provide feedback. Revamp metrics to balance financial KPIs with customer satisfaction, retention, and lifetime value. You must understand their needs, pain points, and purchase motivators.

Procurement Analytics 52

Procurement Analytics Expense Reduction Cost Reduction Strategies Price Reduction 52

Precoro

NOVEMBER 20, 2023

Their dedicated teams are driven by four core values: Commitment to patients Scientific curiosity Integrity Teamwork Opna Bio SA’s team decided to implement purchasing software during the company formation to ensure smooth operations. Odallo also processes all purchase orders and sets up new suppliers in the system. She and Ms.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Biotech Optimal Sourcing 52

Supply Chain Shaman

JULY 22, 2016

The translation of demand across reorder points and order policies distorts the demand signal across the parties. To move the product, the company discounted the cars to stimulate purchase. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is writing her third book, Leadership Matters.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

ShipBob

AUGUST 5, 2020

Last year, Shopify reported 218 million buyers in total made a purchase on a Shopify store. Create your brand name and logo, and buy a domain name. So purchasing a domain name and investing in proper website hosting is ideal if you want to build a powerful website that ranks well in search engines. . Conduct market research.

Purchasing Skills 99

Purchasing Skills Manufacturing Procurement Sourcing Strategies Optimal Sourcing 99

Vinculum

NOVEMBER 11, 2020

This shows the urgency of the acquisition space to pioneer and uses digital tools to attain higher results with excellence, productivity, and transparency. Metrics and pay for each order. And this is often one of all the excellent characteristic points of Order Management. 8 trillion by 2023. Calm down, though! Spend analysis.

Price Reduction 52

Price Reduction Procurement Solutions Inventory Reduction Policies 52