ShipBob

DECEMBER 13, 2023

Maintaining a balanced level of ecommerce inventory so that you can achieve maximum profitability is what optimizing inventory health is all about. Optimized storage space: Prevents overstocking, maximizing warehouse utilization. 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

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 267

Case Study Inventory Reduction Agile and Lean Supply Chain Study 267

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Supply Chain Shaman

DECEMBER 11, 2018

While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. The transformational wave is slowly transforming the automotive industry from a focus on selling “rides” versus the purchase of an automobile.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 202

Supply Chain Shaman

SEPTEMBER 24, 2018

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets.

Supply Chain Planning Software 234

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 234

Logistics Viewpoints

MARCH 1, 2021

What PMI needed, considering the long planning horizons, was a digital and analytics network design and supply optimization tool. Those goals are balanced against a variety of costs and parameters from the manufacturing supply chain. The tool was able to create a model going out multiple years.

Modeling 179

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 179

Supply Chain Shaman

JUNE 14, 2018

Today’s reality is that we have optimized functions not flows. Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence. PFEP optimizes the policies that define how to procure each part. Order Policy Optimization. Cross Site Analytics.

Optimal Sourcing 173

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 173

Supply Chain Shaman

JUNE 14, 2014

But companies often have diverging incentives and interests from their supply chain partners, so when they independently strive to optimize their individual objectives, the expected result can be compromised. ”. I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter.

Optimal Sourcing 288

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 288

Logistics Viewpoints

NOVEMBER 30, 2020

On November 18 th , Target Corporation reported its third quarter earnings. In one article from a few years ago a pundit said, “The dirty little secret about omnichannel that is not getting nearly enough attention – omnichannel can cost a lot more than simply running stores.” A buyer now “purchases for one business.”

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

SCMDOJO

APRIL 24, 2024

According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations. Suppose you stay ahead of trends like AI optimization, blockchain transparency, and sustainable practices. And we know that numbers don’t lie.

Optimal Sourcing 59

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 59

6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

Supply Chain Shaman

OCTOBER 2, 2020

When he talks and refers to the basics, his team usually rolls their eyes. 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 reason?

Customer Service 307

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 307

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.

Inventory Reduction 150

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

ShipBob

MARCH 2, 2023

How people feel when they interact with your business influences their buying behavior. A Salesforce report found that almost 90% of shoppers consider the customer experience as important as the company’s products or services. That means optimizing inventory levels to meet demand and offering competitive shipping options.

Retail 52

Retail Eliminating Excel in Purchasing Purchasing Skills How To 52

ShipBob

JANUARY 29, 2024

Why your business needs accurate order management The order management cycle How to streamline order management with ShipBob ShipBob builds next-level order management processes Order management FAQs Once a customer clicks the “Buy” button, their order’s journey begins. “At my previous 3PL, nothing seemed to come easy.

Inventory Management Software 98

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

Supply Chain Shaman

JUNE 20, 2014

The implementations were longer, the purchase costs were higher, and the functionality was less robust and lacking flexibility. All of the results are reported in aggregate. In addition, with over 30% of manufacturing and 55% of logistics outsourced, it is now a business network, not an enterprise, planning problem.

Supply Chain Planning Software 306

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 306

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. Consequently, the supply chain can be defined as the set of steps and networks that come into play from the product’s origin to its arrival in the hands of the end customer.”[1].

Logistics Network Optimization Software 100

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

6 River Systems

FEBRUARY 25, 2019

If you’re spending too much to meet consumer demands, experiencing delays in getting products to end customers or production disruptions, it’s time to focus on optimizing your supply chain. But overall, what tactics do supply chain leaders find most effective when it comes to supply chain optimization? Dr. Scott Newton.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

ShipBob

AUGUST 25, 2021

First-mile delivery refers to the process of transporting finished goods from a manufacturer or supplier’s facility to an online retailer’s warehouse or multiple distribution centers — the last destination before products are delivered to the end user. Some of these inefficiencies often start with improper purchase ordering.

Supply Chain Design Software 52

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

ShipBob

NOVEMBER 6, 2023

Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Talking Logistics

DECEMBER 11, 2014

I limited myself to just six predictions, although I believe many of the predictions I made last year (and the year before that ) will continue to play out in 2015 and beyond, so I encourage you to revisit those predictions too (I listed them below for quick reference). 3PLs Need to Take Broader Perspective.

Predictive Analytics Software 201

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 201

ShipBob

SEPTEMBER 29, 2021

The optimization of a solid retail logistics strategy is key to operating a sustainable direct-to-consumer (DTC) retail business. Every stage of the logistics process must be optimized in order to customer expectations around fast, affordable delivery. Procuring inventory. Receiving & processing inventory. Order fulfillment.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52

ShipBob

MARCH 30, 2020

Now more than ever — at a time when people are choosing online over in-store to adhere to social distancing practices — the communicated speed at which consumers will receive their orders can play a deciding role in whether they choose to buy from your online store or a competitor’s. What is needed to excel at ecommerce logistics?

Logistics Network Optimization Software 90

Logistics Network Optimization Software Logistics Supply Chain Design Software Inventory Management Software 90

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. In this post, we take a look at how you can improve your end-to-end supply chain operations and create a seamless workflow to enhance visibility and reduce operational costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 52

SCMDOJO

MAY 6, 2022

No-code platforms allow for the creation of excellent applications and services by simply dragging and dropping components. The seamless process reduces costs and time spent in building an average application. The concept of no-code platforms is excellent and provides needed solutions to ease scalability. Linked Data Networks.

Supply Chain Design Software 112

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Inventory Management Software 112

Kinaxis

SEPTEMBER 8, 2014

They have piloted the process in Excel and know that they need an enterprise level solution for a global roll-out of S&OP. The issue is that none of their IT investments in the last 10 years have moved the needle on operational metrics such as inventory levels, case fill rates, and other operational metrics. Their words.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Modeling Software 261

6 River Systems

JULY 25, 2019

“Currently, the biggest challenge for supply chain managers is…” Keeping up with consumers and their buying behaviors. Therefore, better network design, planning and operations are all needed, and all of which might not be completely satisfactory. She is now an Editor at Aggregage for the site Supply Chain Brief.

Supply Chain Planning Software 96

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

SCMDOJO

MAY 18, 2023

They believed that physical presence in the office was essential for tasks such as planning, supplier communication, or key performance indicator reporting. Leveraging powerful network effects, marketplaces have evolved into significant economic ecosystems themselves.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 103

Zipline Logistics

JANUARY 24, 2020

Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. But first, let’s look at the background of OTIF metrics and why they came to be. If unable to find a product in store, consumers are quick to turn their attention online and purchase goods there.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

GlobalTranz

DECEMBER 18, 2015

In the supply chain articles category it is clear the top ten are all about trends, facts, technology, and of course optimization. No Purchase Orders were used. There was no inventory carrying costs or concern for inventory turns. These metrics should be reviewed frequently to ensure supply chain success.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain Optimization 120

C3 Solutions

JUNE 19, 2020

Rethink Network Design. For companies seeking to survive and excel in the current 'retail apocalypse' , understanding the right technologies to employ in their supply chain operations is critical. Consumers are no longer bound by loyalty or geographic necessity in their purchase decisions. The Challenges. Consider the Options.

Supply Chain Software 137

Supply Chain Software Distribution Retail Supply Chain Design Software 137

6 River Systems

DECEMBER 11, 2018

Create an adaptive unified buying process. “If you look at the typical buying process, it is bifurcated based on geography. If I am going to buy goods from this geography, then I use this process. That’s an extremely efficient way of reducing total logistics costs while providing optimal customer service.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

GlobalTranz

MARCH 2, 2015

A 3PL brings with it an existing network of valuable carrier relationships as well as a clear understanding of how to optimize performance on given routes. That being the case, a 3PL’s assistance is ideal for cost control, improving customer experience or expanding routes. How Does A 3PL Benefit My Enterprise?

3PL 120

3PL Third Party Logistics Logistics Network Optimization Software Cost Reduction Strategies 120

6 River Systems

JUNE 10, 2019

With new supply chain innovations , trends in logistics technology and advancements like automated robots making a big impact on operational efficiency, it seems that supply chain optimization is within reach for more companies than ever before. Brown @TheMichaelBrown Michael D. This is what we did in this innovative supply chain strategy.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

Logility

JUNE 23, 2014

” These CIOs are more aligned with identifying “one throat to choke” and often they have bought into the theory that supply chain solutions from their ERP provider are robust and well integrated based on the latest technology industry analyst report. All of the results are reported in aggregate. I did not see it.

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 103

Logility

JUNE 23, 2014

” These CIOs are more aligned with identifying “one throat to choke” and often they have bought into the theory that supply chain solutions from their ERP provider are robust and well integrated based on the latest technology industry analyst report. All of the results are reported in aggregate. I did not see it.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 100

Repl Group

NOVEMBER 8, 2018

The most expensive part of the delivery of an online purchase is the last stage of the journey: from the courier to the customer’s door. Retailers lose profit on this ‘last mile’ which accounts for a whopping 53% of the total delivery cost. Reduce fuel costs. Solution #2: Data Drives Optimal Solutions, Faster.

Procurement Solutions 40

Procurement Solutions Retail Purchasing Skills Forecasting Software 40