Logility

MARCH 21, 2024

For example, with Logility GenAI your data is safeguarded with advanced encryption protocols and robust access controls to ensure your sensitive information remains confidential and protected. For example, suppose an order for a key customer is going to be late. Generative AI absolutely can be built with measures to safeguard privacy.

Optimal Sourcing 226

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 226

QAD

MARCH 28, 2019

For example, if you consistently backorder items or deliver them late, customers will eventually become angry. Inventory accuracy and minimizing stockouts are very important to customer satisfaction, but a few other metrics also impact the ability to meet customer expectations. Choosing Metrics. Meeting Customer Expectations.

Customer Service 80

Customer Service Metrics Forecasting Forecasting Software 80

Ware2Go

APRIL 11, 2023

Learn how businesses of all sizes can help build a more sustainable eCommerce industry, with examples of environmentally friendly brands that are leading the way. Their fashionable sneakers are made from sustainably sourced materials and are fully recyclable.

Examples 52

Examples Sustainability Purchasing Skills Retail 52

Supply Chain Shaman

FEBRUARY 26, 2024

Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. For example, in manufacturing, the shift in focus is away from OEE to focus on first pass yield and schedule adherence.)

Modeling 209

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 209

EC Sourcing Group

JULY 26, 2022

Read on to better understand of advanced analytics, their benefits, and how they will improve your sourcing outcomes. Examples of Advanced Analytics. A well-designed sourcing dashboard helps the CPO move projects ahead and view all events in one place using graphs, charts, and tags as guides/alerts.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Predictive Analytics Sourcing Strategies 52

Unleashed

NOVEMBER 2, 2023

It is the process of determining future demand for products, how those products will be manufactured to meet that demand, and the manufacturing metrics that will measure success. The production schedule example below demonstrates how the latter might look: As you can see, specific cells from each row have been blocked out.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

Logistics Viewpoints

AUGUST 15, 2022

Of the professionals surveyed, 59% saw the gap between procurement/sourcing and supply chain to be a major disconnect, and the most pressing pain point. For example, one of the key decisions that a manufacturer needs to make is should they continue to buy goods from one of their suppliers. Networks and Sourcing.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Supply Chain Shaman

MARCH 27, 2023

For example, real-time planning, end-to-end planning, control tower, integrated business planning (IBP), and digital brain are oxymorons while discussions on innovation bounded by a required ROI is a juxtaposition. .” Current planning taxonomies do not plan across make, source, and deliver answers bi-directionally.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 322

Logility

AUGUST 15, 2023

Take, for example, PVH. Even before importing and selling any item, every step addresses complex challenges amplified by regulations dictating the origin of goods and ethical sourcing and labor practices. For example, some businesses link QR codes to products to elevate the transparency and accountability of their supply chain origin.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

Talking Logistics

APRIL 29, 2015

Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. Also, is multi-functional engagement important and, how does omni-channel impact transportation sourcing?

Sourcing Strategies 100

Sourcing Strategies Sourcing Transportation Cost Reduction Strategies 100

Logistics Viewpoints

MARCH 27, 2023

It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Increasingly, forecasts are being improved by leveraging outside data sources rather than merely relying on a company’s internal historical shipment data. Instead of monthly forecasts, for example, a weekly forecast can improve agility.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Let me give you example. Reward teams for cross-functional metrics.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 322

Supply Chain Shaman

JULY 25, 2021

The Focus Inside-out Supported by Functional Metrics. Functional excellence drove regional supply chain performance in the 1990s, but a focus on functional metrics in large, global and complex supply chains over the last two decades threw the supply chain out of balance. Functional Intitiatives Without Clarity on Supply Chain Strategy.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

SYSPRO Smarter ERP

MARCH 28, 2024

If production metrics are important, you may want to get data on: Machine and labor availability. How to apply metrics One challenge is deciding what metrics to use. Different departments have their own data needs and very specific metrics. There needs to be an understanding of how granular the metrics should be.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Optimization Software 52

BlueYonder

APRIL 9, 2024

This includes demand planning, volume assessments at a granular level, knowing where best to source from to meet omni-channel demand, where to then position inventory based on known demand and where customers are located, and, of course, how best to then fulfill orders and to optimize the last mile. A prospect to raise a glass to.

Optimal Sourcing 101

Optimal Sourcing Sustainability Material Savings Waste Reduction 101

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Supply chain data can be challenging to manage due to its unstructured or semi-structured nature and the need to integrate new data sources. Table 1 details some examples of areas of application of generative AI for different supply chain participants.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

GlobalTranz

MAY 20, 2015

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. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

QAD

OCTOBER 18, 2022

The COVID-19 pandemic, the 2021 Suez Canal obstruction, natural disasters, wars, scarcity of semiconductors, the energy crisis in Europe…are all examples showcasing the need to better manage and monitor your supplier base. Am I contributing to society by buying an environmentally sourced and produced product to have a greener planet?

Gartner 98

Gartner Optimal Sourcing Alabama Metrics 98

EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. Why else might a company seek a rating?

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

Supply Chain Shaman

MARCH 5, 2019

While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. For example, the goal is not track truck location, but to provide insights on location in context with a delivery appointment. In Table 1, I share examples. Example of Social Sentiment Analysis.

Supply Chain Design Software 297

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 297

Logility

FEBRUARY 3, 2021

It may not be the news you were hoping for, but traditional retail success metrics are fast becoming obsolete in today’s economy. The current suite of metrics were built for a time that no longer exists. Knowing they couldn’t match New York’s money, Beane and James attacked the problem with metrics. His commitment never wavered.

Metrics 171

Metrics Prescriptive Analytics Software Retail Analytics Software 171

Logistics Viewpoints

AUGUST 7, 2023

The Cardinal Health Supply Chain Cardinal Health’s medical segment manufactures, sources and distributes Cardinal Health branded medical, surgical and laboratory products. If you are implementing a warehouse management system, for example, you scan something, you put it away, you store items, you replenish, you build pallets.

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

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

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

QAD

NOVEMBER 8, 2022

Jennifer focuses on four supply chain approaches to meet quality and efficiency targets and achieve production promises: Broadening multi-sourcing and the use of near shore suppliers. Broadening Multi-Sourcing and the Use of Near Shore Suppliers. Expanding supplier relationships.

Optimal Sourcing 95

Optimal Sourcing Supply Chain Optimization Sourcing Strategies Price Mitigation Strategies 95

QAD

APRIL 13, 2023

For example, rather than hiring someone with the required skill set, many companies are investing in training and development programs to upskill their workforce, and ensure that their employees are equipped with the skills needed to succeed in their role. is likely to reach 2.1 million and cost the economy $1 trillion in 2030 alone.

Pharmaceutical 93

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 93

Silvon Software

APRIL 18, 2023

While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? Each requires its own portfolio of metrics. Even where the same metrics are used, there are differences.

Inventory Reduction 63

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 63

ToolsGroup

AUGUST 20, 2019

Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. Metrics – BPO vendors can also help firms utilize performance metrics and KPIs to help monitor performance and help to identify ways to improve it. For example ….

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

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]. The United States, for example, wastes about 40% of their food , amounting to about 125 to 160 billion pounds—much of which is perfectly edible. Pete Pearson Director of Food Waste, WWF.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

Logility

APRIL 2, 2020

Phone * Company * Job Title * Zip Code * Source Asset Source Download ID. 2 Identify and get access to the right data sources. If you use data quality tools, monitor the amount of clean-up needed and work hard to improve the quality in source data systems. 3 Get the metrics right. Featured Download.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

ivalua

AUGUST 17, 2021

There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier. What is Direct Procurement? What is Indirect Procurement?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

QAD

AUGUST 12, 2021

Consider a few examples: In the beginning of 2021, Apple announced executive bonus modifications based on environmental values. Let’s cover just three areas where ERP drives greater sustainability: Responsible Sourcing – Manufacturing ERP systems support efforts to identify responsible, sustainable sources of materials.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships.

Supply Chain Planning Software 52

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

ivalua

NOVEMBER 25, 2020

This list should include the business metrics that each procurement project impacts. In the report, Gartner provides a helpful example of what a value map could look like. Although most Procurement teams report supply chain metrics on cost savings, less than 20% measure and report on their contributions to driving revenue.

Optimal Sourcing 130

Optimal Sourcing Procurement Gartner Agile and Lean Supply Chain 130

TMC

NOVEMBER 18, 2015

Examples of the latter include a latent product defect that wreaks reputational damage, or a cyber bug that steals company secrets. 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

Kinaxis

JULY 18, 2014

Even if you’re not you should check out Supply Chain Insights, Supply Chain Metrics That Matter. The report uses the Boeing 747-8 International as an example. Think about those design, sourcing and delivery challenges. by Bill DuBois. Are you looking for some reading material to pass the time on your next flight?

Supply Chain Planning 224

Supply Chain Planning Supply Chain Design Aerospace Supply Chain Strategy 224