TransAudit

DECEMBER 13, 2023

Supply chains at a consumer goods company, for example, make up about 80% of the company’s greenhouse gas (GHG) emissions. Here are three examples of how companies adopted a circular supply chain approach and saw significant results: RUSH University Medical Center saved more than $244,000 by reusing workplan furniture.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

Supply Chain Shaman

FEBRUARY 18, 2021

This means building a cognitive engine to sense, learn, and adapt using market data for innovators. Advanced planning tools(APS) never considered the issues of logistics. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. What are functional metrics?

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Businesses gain agility and can focus human resources on strategic work.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Logistics Viewpoints

MARCH 27, 2023

It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Machine learning also makes it possible to make more granular forecasts – for example, instead of forecasting demand for the company’s products in the Eastern Region of the U.S., Doing this, increases the benefits. This sounds obvious.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Logistics Viewpoints

SEPTEMBER 4, 2023

There are different tools, goals, and market dynamics. A 95% on time delivery metric – very high performance – is just not good enough for Simmons. Any shipment moving from Siloam Springs to Bentonville, Arkansas, for example, would be one lane. We did not have a great spot tool.” The freight market is mercurial.

Procurement Solutions 203

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 203

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

Continued Innovation even Amidst the Pandemic. This investment in equipping employees with future ready skillsets has put the organization in good stride to tackle the challenges brought on by COVID-19; allowing Schenker to accelerate investments and efforts in innovation even as many other organizations are struggling to stay afloat.

Singapore 246

Singapore Logistics Network Optimization Software Supply Chain Design Software Waste Reduction 246

Logistics Viewpoints

JULY 19, 2021

We don’t spend just to innovate,” Mr. Lassen said, “we need to create business value.”. Dr. Lassen views Anaplan – their connected planning tool – as a cloud-based, business planning platform capable of doing multidimensional planning with very fast solve times. This is a complex tool because doing IBP well is difficult.

Supply Chain Planning Software 264

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 264

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

With its ability to derive insights from vast amounts of data and derive insights, generative AI has emerged as a valuable tool to optimize supply chain operations. AI-based tools already help automate routine tasks and assist decision-making processes across various sectors.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

ThroughPut

MARCH 15, 2024

5 Steps to Successfully Implement AI in Your Supply Chain S tep 1: Initiation Phase First things first: It is easy to get swayed by the glitz and glam of the latest AI technologies, but don’t start your supply chain AI project by choosing the tool first. For example, what is the overall workflow? Or did it improve margins by 7%?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ThroughPut

MARCH 15, 2024

5 Steps to Successfully Implement AI in Your Supply Chain S tep 1: Initiation Phase First things first: It is easy to get swayed by the glitz and glam of the latest AI technologies, but don’t start your supply chain AI project by choosing the tool first. For example, what is the overall workflow? Or did it improve margins by 7%?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

Elementum

JANUARY 16, 2024

By utilizing technology to automate complex business processes—such as production, employee onboarding, and customer service—companies can enhance productivity, efficiency, and promote innovation. Automation Tools and Technologies There is a wide range of automation tools and technologies available to help streamline business processes.

Supply Chain Software 78

Supply Chain Software Cost Reduction Strategies Resource Reduction Inventory Reduction 78

Adexa

JULY 17, 2023

Tools that are available to day are catalysts to faster ad better business processes and enabling higher productivity that is different in kind and not just in degree. As an example, what follows was created by generative AI. This has been the case since the beginning of time. 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

Silvon Software

AUGUST 8, 2022

Plus, changing consumer behaviors and demands are leading businesses to adopt newer technologies and innovations so they can adapt and evolve at a faster rate. And for many, it’s a struggle to use this data to generate meaningful insights beyond top-level metrics. Let’s take product quality as an example.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

Arena Solutions

APRIL 9, 2024

Enhancing Innovation and Compliance With ION’s Proactive Quality Measures With a focus on increasing the speed of innovation without sacrificing compliance, ION builds quality measures into every process. ION Analytics Dashboard Example ION’s dashboards provide out-of-the-box reporting and the ability to build custom data views.

Manufacturing Procurement 75

Manufacturing Procurement Supply Chain Design Software Manufacturing Analytics Software 75

Locus Robotics

JANUARY 2, 2024

Learn how these innovations are transforming logistics operations. Data Analytics and Automation The use of artificial intelligence (AI) or machine learning within warehouses thanks to tools such as robotics could increase to optimize your supply chain and reduce operational costs.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

TrackVia

MARCH 25, 2024

They’re the tools that are quietly changing the game across different industries, from construction and healthcare to manufacturing and field services. These solutions not only streamline processes and improve efficiency but also foster innovation and growth. ” Don’t worry; we’ve got you covered.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Design Software Cost Reduction Strategies Waste Reduction 105

Logistics Viewpoints

APRIL 19, 2021

Before the company could innovate, they needed to standardize on one operating platform. The goal was to start with the “what” – how workers receive, pick, and ship goods and ensure that the same processes and tools were being used across the DC network. Safety is a key metric at the company. This is them… our hidden secret.”

Modeling Software 210

Modeling Software Warehousing Supply Chain Design Software Supply Chain Network Software 210

Supply Chain Shaman

JUNE 7, 2018

Instead of pushing innovation forward, I see companies using the term “digital” as a path for IT spending. In today’s supply chain, these traditional assumptions are usually false; yet, we try to use old-fashioned tools to drive better decisions without testing the output of the systems. Let me give you an example.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 223

Locus Robotics

JANUARY 2, 2024

Learn how these innovations are transforming logistics operations. Data Analytics and Automation The use of artificial intelligence (AI) or machine learning within warehouses thanks to tools such as robotics could increase to optimize your supply chain and reduce operational costs.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Precoro

DECEMBER 11, 2023

Company priorities extend far beyond just the purchasing price, so strategic sourcing also considers the following factors: Delivery price Delivery speed Quality and durability Servicing requirements Regulatory compliance Innovation These factors should be weighed against each other, as well as against the purchasing price.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Unleashed

MARCH 2, 2021

Wearable healthcare works by collecting a user’s wellbeing and fitness data, and creating a personalised database of the user’s health metrics. They work by collecting a user’s wellbeing and fitness data, and creating a personalised database of the user’s health metrics. It can then respond to the user’s needs, such as cooling down.

Trends 98

Trends Procurement Analytics Supply Chain Design Software Demand Planning Software 98

Talking Logistics

NOVEMBER 17, 2015

Do you have the right metrics? Metrics show how your supply chain is performing – providing they are the right ones to do the job. Inappropriate metrics can give a false or incomplete picture of supply chain performance. Second, what metrics are the best indicators of performance in terms of these goals?

Supply Chain Software 100

Supply Chain Software Supply Chain Optimization Supply Chain Strategy Supply Chain Network Software 100

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

OptiProERP

DECEMBER 20, 2023

Enterprise Resource Planning (ERP) systems have evolved into indispensable business tools to streamline operations and enhance efficiency. PLM involves coordinating people, processes, business systems, and information to drive innovation, improve product quality, and optimize processes. What is a Product Lifecycle Management System?

Optimal Sourcing 52

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

Supply Chain Game Changer

AUGUST 30, 2021

Books can help students to absorb groundbreaking innovations, new concepts and teach them more about management practices. They will understand more about improving processes and learn some techniques and tools they can employ in their future careers. For example, they may have to write a review paper about The Fear Index.

Agile and Lean Supply Chain 92

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

Alloy

APRIL 10, 2023

For example, they might make order recommendations to retailers, quickly react to a successful promotion and prioritize their time accordingly. But without the ability to closely monitor inventory metrics and pinpoint the root cause, it’s hard to do anything about it. among the best tools they use.

Analytics Software 52

Analytics Software Alloy Predictive Analytics Software Inventory Management Software 52

Enterra Insights

MARCH 28, 2019

More than any other time in history, technology and innovation are here to make it happen.”[3]. In our example, that’s.99 ” Since there is room to improve, Gagnon insists there has never been a better (or more crucial) time to innovate. ”[3]. Room to improve. Standing still is not an option.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Design Software Modeling Supply Chain Network Software 100

RFgen

MAY 3, 2017

However, the same technologies can also create management complexity and technological overhead that can limit innovation when data is not handled effectively. The problem, at least for many businesses, is that many companies think sustainability will create costs and inefficiencies that limit potential for innovation.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 52

RFgen

MAY 3, 2017

However, the same technologies can also create management complexity and technological overhead that can limit innovation when data is not handled effectively. The problem, at least for many businesses, is that many companies think sustainability will create costs and inefficiencies that limit potential for innovation.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 52

Procurement Academy

OCTOBER 19, 2023

This procurement approach looks at the delivery of value beyond instant cost savings, such as timely delivery, compliance, and innovation. One extremely successful example is the retail giant, Amazon, whose negotiation tactics have played a significant role in its supply chain operations.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Proxima

MAY 15, 2020

Out of 502 participants from business owners to Directors, 86% said that they currently use sustainability as a metric to help shape decision making within their business. Embrace Innovation to unlock new sustainable value. Sustainability is part of the new innovation playground that looks at the top and bottom line. ISO 20400.

Supply Chain Design Software 94

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Sustainability 94

ivalua

AUGUST 17, 2021

Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier. Naturally, what you actually make and sell to your customers is critical – that is where Direct Procurement plays a critical role in the quality, innovation and profitability of those products.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

Material Handling & Logistics

DECEMBER 14, 2018

Cloud-based supply chain management tools, the Internet of Things (IoT), artificial intelligence (AI) and machine learning are expected to figure prominently in future supply chain operations. Mistrust of data and analytics tools is not just a supply chain and logistics issue.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

Unleashed

JANUARY 29, 2024

Here are three examples of SKU rationalisation in practice: A clothing retailer decides to reduce the number of colours, sizes, and styles of its products based on sales data and customer feedback. A food and beverage company decides to streamline its product portfolio, based on the nutritional value and environmental impact of its products.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

ivalua

NOVEMBER 26, 2019

Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. This is where helping organizations innovate, ensuring business agility and even growing revenue comes into play. Plan to avoid those.

Optimal Sourcing 130

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 130

GlobalTranz

JUNE 15, 2017

The tools and techniques of Six Sigma put team’s heads together and stimulate innovation. It for sure requires some degree of self-organization and discipline, but it also creates a perfect ground for resourcefulness and innovation. With an application of statistical methods, the causes of errors are reduced or are eliminated.

Buyer Training 210

Buyer Training Logistics Network Optimization Software Six Sigma Vendor Strategies 210

TrackVia

NOVEMBER 29, 2023

This diversity can bring fresh perspectives and innovative ideas, fostering creativity and problem-solving. Traditional office-based metrics and supervision methods don’t translate well to a remote setting, requiring managers to rethink their approach to performance evaluation.

Modeling Software 52

Modeling Software Analytics Software Supply Chain Network Software Optimization Software 52