GlobalTranz

MAY 20, 2015

Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Locus

JULY 24, 2023

accounting for 61 billion empty miles and 87 million metric tons of unnecessary annual emissions. Fragmented Markets: The logistics industry is brimming with carriers and businesses that need to avail of their services, there is a supply-demand mismatch as it is heavily fragmented. Thirty-five percent of trucks travel empty in the U.S.,

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Optimization Software Logistics Network Optimization Software 52

QAD

OCTOBER 18, 2022

Am I contributing to society by buying an environmentally sourced and produced product to have a greener planet? As previously mentioned, your company may need to extract supplier risk information from multiple sources to capture all the risk factors that can impact your business. Are the employees provided a living wage? Stay tuned!

Gartner 98

Gartner Optimal Sourcing Alabama Metrics 98

DELMIA Quintiq

DECEMBER 14, 2021

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. Source: [link]. By creating greater transparency throughout food supply chains, manufacturers can identify where the wastage happens and solve the problem at the source. Enable Sustainability with DELMIA.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

Adexa

JULY 17, 2023

Even real-time decision making is being replaced with before-the-time decision making by predicting events. By leveraging advanced analytics techniques, organizations can gain valuable insights into demand patterns, customer behavior, operational performance, and other key metrics. In the past it would take us hours to produce a blog.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. To thrive in this ever-evolving landscape, shippers must embrace a flexible and responsive approach.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

TMC

NOVEMBER 18, 2015

It can be practically zero—as is the case with earthquakes and fires—or even negative, when a disruption is detected after the event. For instance, when a disaster such as a hurricane, a labor strike, or a bankruptcy disables key suppliers, quick-moving enterprises are able to lock in alternative sources of supply before their rivals.

Metrics 67

Metrics Supply Chain Planning Software Forecasting Software Supply Chain Software 67

Silvon Software

AUGUST 8, 2022

Supply chain challenges stemming from the pandemic and other global events continue to plague manufacturing and distribution companies. Logistics disruptions, production delays, an over reliance on 3 rd parties, and labor market shortages are just some of these challenges. Let’s take product quality as an example.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

QAD

AUGUST 12, 2021

And, whether you believe these recent events to be the result of global warming – or not – manufacturers are expanding their sustainability and environmental efforts. In other examples, you’ll find ERP provides the necessary insights and metrics, like OEE , to enhance production execution. And, ERP can – and does – play a strong role.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

Elementum

SEPTEMBER 6, 2022

A best practice supply chain management process today looks very different from even a few short years ago–each of the elements of supply chain management must be agile and adaptable to changing environmental, logistical, and sector-specific conditions. Recent global events make forecasting tricky.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 78

ThroughPut

OCTOBER 14, 2021

To marshal worldwide objectives of scalable and transformative urbanization, cement manufacturers need to look at intelligent supply chain logistics. Conventional mechanics of cement logistics planning no longer apply in a situation that demands exponentially high delivery rates to match its consumption estimates.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Vecco International

FEBRUARY 4, 2024

Projected inventory is automatically recalculated and compared to minimum and maximum targets as supply or demand events are recorded. We provide available to promise and capable to promise functionality for a customer order based on approved sourcing for a sales area.

Beverage 40

Beverage Food Supply Chain Planning Software Manufacturing Procurement 40

Precoro

JULY 16, 2023

At the heart of the whole process is the purchasing manager – a supply chain and logistics professional who works to secure the required materials, goods, and services necessary for running the business. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Supply Chain Matters

MARCH 12, 2024

The development, initially reported by The Wall Street Journal citing informed sources, involves the interviewing of passengers and crew members who were on-board the aircraft at the time of the incident.

Quality 52

Quality Alaska Manufacturing Procurement Supply Chain Design Software 52

Logistics Viewpoints

APRIL 28, 2023

This event, observed in the U.S. The National COSH also recognizes the impact these preventable events have on family members. And now on to this week’s logistics news. tractor fleet and sourcing 100 percent renewable energy by 2030, according to the press release. percent by 2030. Generating the full 185.6

Material Savings 202

Material Savings Purchasing Skills Logistics Network Optimization Software Logistics 202

Supply Chain Matters

FEBRUARY 14, 2024

Moeller Maersk , operators of Maersk Line plummeted a reported 18 percent as the carrier and logistics services provider reported full year 2023 financial performance that disappointed investment markets. Impact Implications- Maersk’s Financial Performance Last week, shares of A.P.

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

BlueYonder

JANUARY 3, 2023

Instead, we must build more resilient supply chains that are capable of sensing, and autonomously responding to, disruptive events at the earliest possible opportunity. Sieber and the other executives interviewed by Reuters Events revealed three keys to increasing supply chain resilience. It All Begins with Visibility.

Supply Chain Planning Software 92

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 92

ShipBob

APRIL 26, 2023

It involves all the activities related to the sourcing and transportation of raw materials needed in the manufacturing process. How the upstream supply chain has been affected in the 2020s Global events over the past few years have greatly impacted the upstream supply chain.

Supply Chain Planning Software 52

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

Arkieva

JANUARY 20, 2017

Are you using lean in your logistics and transportation management? Right Source. Using Metrics/Key Performance indicators that measure how well the shippers and transportation providers do promotes daily continuous improvement. Perform Transportation Daily Event Management. Lean is a new way of doing business.

Optimal Sourcing 60

Optimal Sourcing Waste Reduction Agile and Lean Supply Chain Inventory Reduction 60

Logility

DECEMBER 2, 2020

For example: Optimizing a distribution network not only reduces logistics costs but, in most cases, reduces carbon emissions through fewer transportation miles and/or less inventory holding costs. Source: Nielsen Product Insider, 10/20/2018. Most improvements are made through more effective planning or more efficient operations.

Supply Chain Planning Software 133

Supply Chain Planning Software Sourcing Strategies Supply Chain Planning Scenario Planning 133

GlobalTranz

SEPTEMBER 23, 2021

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? United States Business Logistics Costs fell by around 4% to end up at an estimated$1.56 transportation metrics ?that Capacity Constraints Continue to Arise. As highlighted by?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Talking Logistics

FEBRUARY 22, 2013

Labor and management work out deal at Port of LA/Long Beach ( Logistics Management ). In addition, users are able to view events of a shipment, imaged documents, and can email their account representative with questions on a particular move. Robinson, Con-way, and Transplace are Logistics Viewpoints sponsors).

Optimal Sourcing 100

Optimal Sourcing Logistics Network Optimization Software Manufacturing Procurement Supply Chain Design Software 100

Resilinc

APRIL 13, 2021

Institutionalizing is when the support of your stakeholders and C-level leaders deepens because they see the SCRM program is achieving its metrics. The key to Institutionalizing your SCRM program is achieving ongoing successes as measured by the metrics agreed to in the Plan—and ensuring that leaders and stakeholders validate these successes.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Strategy 62

ThroughPut

DECEMBER 8, 2023

By anticipating these factors, businesses can optimize logistics, mitigate disruptions, and ensure smoother operations. These analytics techniques serve as essential tools to transform descriptive metrics into actionable insights and informed decisions. ” 6 Uses Cases Of Prescriptive Analytics In Supply Chain Optimization 1.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Resilinc

NOVEMBER 14, 2023

Resilinc’s Rick Freeman weighs in on the future opportunities for high-tech and semiconductor companies Despite the stabilization of the high-tech and semiconductor supply chain, the industry still faces pressure due to ongoing import/export restrictions and changing regulations governing semiconductor production and sourcing.

Supply Chain Strategy 58

Supply Chain Strategy Sourcing Strategies Manufacturing Procurement Supply Chain Software 58

Resilinc

MARCH 30, 2021

Key tasks in the Plan phase include developing a business case, creating service agreements with internal customers, defining metrics, and building a team and governance structure. However, not all the value produced by an SCRM is related to disruptive events. Event Related. Event Related. Event related.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Supply Chain Planning Material Savings 62

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. The solution?

Predictive Analytics Software 59

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

Talking Logistics

MARCH 28, 2017

Unfortunately, most organizations place too much emphasis on data that is sourced from human input, which is not only expensive on the labor side, but it also introduces error into the picture. Without this core component—in this case, a Yard Management System (YMS)—managing and refining processes becomes somewhat of a crapshoot.

Supply Chain Software 0

Supply Chain Software Logistics Network Optimization Software Demand Planning Software Procurement Solutions 0

GlobalTranz

MARCH 23, 2016

The Flex CEO, and board members are corporate leaders of this competitive event. While Kaizen events and continuous improvement (CI) projects provide breakthrough results, these are often not sustained. These metrics would, of course, be aligned and are updated every hour. Specific metrics: process metrics and outcome metrics.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

SCMDOJO

JUNE 14, 2023

Thankfully, outsourcing logistics services to a reliable third-party logistics provider (3PL) can make a significant difference. As a result, businesses can optimize their logistics processes using Orchestration and save time and resources. Amazon outsources its logistics services to various 3PLs, such as UPS, FedEx, DHL, etc.

3PL 77

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 77

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . Key performance indicators (KPIs) are the quantifiable metrics companies use to gauge their progress toward a specific goal. . Not sure what those metrics are? Stock availability.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Talking Logistics

MARCH 2, 2016

As reported in USA Today : [In a sourcing practice nicknamed “China plus one”], big brands like Rip Curl send their specifications — what they want made and how much they’re willing to pay for it — to sourcing agents, who find factories that agree to fulfill them. no metrics, operate in functional silos).

North Korea 100

North Korea Supply Chain Visibility Logistics Network Optimization Software Supply Chain Software 100

Unleashed

AUGUST 20, 2023

Lead time is a vital business metric that directly impacts customer satisfaction, workflow efficiency, and delivery time accuracy. It’s a valuable metric for identifying bottlenecks, improving efficiency, and optimising specific operational steps.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. Source: Statista.com. A series of unfortunate events. Fighting climate change with green logistics. By establishing the concept of eco-friendliness in your supply chain, a green logistics system can be introduced. parts per million. Download Now!

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Unleashed

JANUARY 10, 2023

That’s why you need to ensure you’ve got systems in place to collect key data relating to purchasing, logistics, inventory, and sales. This first step of supply chain mapping – risk identification – is called event planning. Each potential risk and bottleneck can be considered an event. That’s right: your own production process.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Supply Chain Matters

APRIL 20, 2022

There are mixed views in business and supply chain management settings as to whether customers would be willing to both maintain brand loyalty or pay extra for products that are deemed to be sourced and produced from sustainable sources and social responsibility driven labor practices.

Survey 111

Survey Sustainability Cost Reduction Strategies Sourcing Strategies 111

ToolsGroup

APRIL 27, 2022

Image source: APA. And, Covid or not, other world events continue to cause additional anxiety that leaks into our jobs one way or another. And, Covid or not, other world events continue to cause additional anxiety that leaks into our jobs one way or another. Image source. Image source: APA. In…and out…there you go!)

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296