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

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. You don’t necessarily need to use all the following metrics in your procurement department. 7 Procurement KPIs You Should be Using.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Enterra Insights

JUNE 6, 2023

.” Cognitive technology solutions, like the Enterra Global Insights and Decision Superiority System ( EGIDS ), can help companies perform important “what-if” exercises to help them anticipate and plan for the future. ’”[6] If your company hasn’t considered leveraging digital twin technology, the time is right to do so.

Resource Reduction 130

Resource Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 130

The Logistics of Logistics

JANUARY 20, 2013

Every industry seems to have its silver bullet for creating improvement. If you wince at the words, you’re not ready for ANY major improvement exercise. It will be tricky to drive change because they are likely the CEO’s “dashboard metrics”. Many measurements are sacred to the board or other metric owners.

Six Sigma 131

Six Sigma Agile and Lean Supply Chain Lean Logistics Network Optimization Software 131

Logistics Bureau

NOVEMBER 8, 2021

Well, not just for benchmarking, but also for maximum visibility of your supply chain and logistics performance. Because you can find plenty of other articles on this blog and the Logistics Bureau blog if you’d like to peruse such lists. The Right KPI Mix: Cost and Service-Centric Metrics. How hard can that be?”

Benchmarking 67

Benchmarking KPI Supply Chain Strategy Supply Chain Software 67

Talking Logistics

JUNE 2, 2016

Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

BlueYonder

JANUARY 3, 2023

Across industries, executives agree that extended visibility is a top priority. We have to consider the logistics carriers and the networks, brokers and internal distribution. As a result, we’ve seen a 10% increase in service metrics.”. Across industries, companies that fail to invest in digital transformation will fall behind.

Supply Chain Planning Software 93

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 93

Supply Chain Shaman

OCTOBER 29, 2014

I feel that the industry is engaged in ‘Group Think’ No one in this meetings is going to ask tough questions. As shown in table 1, the movement to adopt “integrated ERP and Supply Chain Planning software from an ERP vendor” moved the industry backward. Of course not… But, the industry is in a group think.

Supply Chain Planning Software 309

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 309

ToolsGroup

APRIL 27, 2022

As Tom Derry, CEO of the Institute for Supply Management, shared in PBS , “It’s been the hardest year for logistics and supply chain managers,” Pafford said. In addition to physical exercise, the stress-relieving advantages of contemplative exercises like yoga, meditation, and Tai Chi are well documented.

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

Talking Logistics

APRIL 27, 2016

The most common goals of supply chain visibility include the following, but as your company completes this exercise, be sure to include quantifiable metrics: Reduce business and supply chain risk. Cosmas Hoefnagels is Vice President of CLX Logistics Europe. Improve lead times and performance.

Optimal Sourcing 100

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 100

Supply Chain Game Changer

MAY 18, 2021

The Construction, Agriculture, and Food & Beverages industries are the most dependent on nature. For these industries “over 50% of their supply chains’ GVA (gross value added) is highly or moderately nature-dependent” even though the direct and immediate GVA of companies in these industries is lower.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Design Supply Chain Strategy Supply Chain Software 64

Material Handling & Logistics

DECEMBER 14, 2018

Today’s supply chains are increasingly complex, driving logistics operations to invest billions in systems to manage all the moving parts. Complex supply chains generate more data, which companies can use to drive greater efficiency or engage in innovation that disrupts an entire industry—think Amazon.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

Logistics Bureau

JULY 18, 2018

It would be tempting to think of reverse logistics as forward logistics done backwards. Reverse logistic isn’t simply a reverse gear. Reverse logistics can also have a dramatic effect on steering a company’s fortunes. Reverse logistics is therefore worth doing, and worth doing properly.

Reverse Logistics 40

Reverse Logistics Logistics Network Optimization Software Logistics Vendor Strategies 40

DELMIA Quintiq

MARCH 18, 2016

We exercised, we had fun, we supported each other. In supply chain planning, we are driven by metrics. We have Key Performance Indicators (KPIs) that we are always trying to achieve and our industry succeeds or fails by the numbers. This post was first published on Talking Logistics. .

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Optimization 202

Supply Chain Game Changer

SEPTEMBER 12, 2022

But the more intellectual exercise is to figure out what happened to create those problems in the first place. In this article we also discuss “The Scene of the Crime” and “Discovering the Clues and Connecting the Dots” These concepts are applicable for anyone in any company and in any industry.

Supply Chain Software 83

Supply Chain Software Supply Chain Planning Supply Chain S&OP 83

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. SCMDOJO’s courses are all available online, taught by leading industry Experts with years of professional experience on their roster.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Supply Chain Game Changer

JUNE 23, 2020

The pandemic has caused Supply Chain professionals to scramble to restore supply lines, respond to highly volatile demand patterns, find alternate logistics channels, and work under the restrictions of home quarantine. But the time will come when day to day Supply Chain issue firefighting will ease. What was the experience in every channel?

Supply Chain Planning Software 101

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Strategy 101

NC State SCRC

MARCH 25, 2021

This monster ship, which is as long as the Empire State Building and weighs about 200,000 metric tons, became stuck due to high winds, and no one seems to be able to get it out. For many years, as we moved to low cost countries, the shipping industry benefited. It may take weeks, by some estimates.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

Logistics Bureau

SEPTEMBER 3, 2017

And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? Making collaboration work at the logistics sharp end is possible , but there are conditions. What Can Companies Gain from Collaborating in Logistics? Shared logistical expertise.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Logistics Bureau

SEPTEMBER 3, 2017

And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? Making collaboration work at the logistics sharp end is possible, but there are conditions. What Can Companies Gain from Collaborating in Logistics? Shared logistical expertise.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Logistics Bureau

OCTOBER 19, 2020

The performance measurement pillar, which is the one used for benchmarking, is essentially a hierarchy of key performance indicators (KPIs), comprising more than 150 metrics organised into two levels. As beneficial as it may be, it’s rare for internal benchmarking to take a company all the way to best-in-class in its industry.

Benchmarking 52

Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

FourKites

JANUARY 7, 2021

Emphasizing agile and lean logistics management will allow you to outperform slower competitors through the ability to make informed decisions on the fly, rather than relying on gut instinct or incomplete information. Logistics managers today must contend with a growing number of unforeseen factors and disruptions.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Modeling 52

Talking Logistics

MARCH 17, 2016

We exercised, we had fun, we supported each other. In supply chain planning, we are driven by metrics. We have Key Performance Indicators (KPIs) that we are always trying to achieve and our industry succeeds or fails by the numbers. We took the stairs instead of the elevator.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Prescriptive Analytics Software 100

BlueYonder

NOVEMBER 15, 2017

Being in the military also formed Rebecca’s passion for exercising and running. RT: While I was in the military, I was a transportation and logistics officer. Being an officer in the transportation and logistics field, I was given the opportunity to perform different jobs, missions and convoys.

Military 41

Military Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software 41

BlueYonder

NOVEMBER 15, 2017

Being in the military also formed Rebecca’s passion for exercising and running. RT: While I was in the military, I was a transportation and logistics officer. Being an officer in the transportation and logistics field, I was given the opportunity to perform different jobs, missions and convoys.

Military 40

Military Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software 40

Supply Chain View from the Field

AUGUST 27, 2014

Students will learn core processes around initial exploration and assessment of supply chain relationships, establishing metrics/expectations for the relationship, crafting and managing contracts, and sustaining continuous performance improvement in sourcing, logistics and operations.

Negotiating Skills 68

Negotiating Skills Negotiate Pricing Supply Chain Design Software Manufacturing Procurement 68

HICX Solutions

AUGUST 11, 2021

Other areas now in the spotlight include resilience and logistics. 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.”. The other one is in the area of safety.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

6 River Systems

OCTOBER 19, 2020

Warehouse logistics is the heart of any supply chain operation, assimilating and dispatching goods to ensure availability and timely delivery. One of the best ways to reduce shipping costs and ensure fast delivery is by optimizing warehouse logistics. What is warehouse logistics?

Warehousing 98

Warehousing Logistics Network Optimization Software Inventory Reduction Supply Chain Planning Software 98

NC State SCRC

JUNE 27, 2017

While this can be an interesting exercise, it oftens fails to answer the direct of question “how should the procurement process be improved?” Note our earlier comment that the types of metrics being used to assess procurement at each stage are indeed a characteristic of how far along the organization is in its transformation!)

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Logistics Viewpoints

FEBRUARY 2, 2023

How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots. To learn more, visit Open Sky Group today.

Supply Chain Planning Software 204

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 204

SCMDOJO

JANUARY 23, 2023

List of Top 10 Supply Chain Analytics Books 1) Supply Chain Metrics that Matter (Wiley Corporate F&A) 1st Edition This book offers an in-depth guide to understanding the link between corporate financials and supply chain maturity, evaluating the progress of over a hundred companies from 2006-2013. 8) Supply Chain 4.0:

Prescriptive Analytics Software 119

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 119

DELMIA Quintiq

AUGUST 26, 2015

That’s the #1 question I get asked when talking to people in all departments of airlines, airports, and industry regulators. These bedrock principles may – on the surface – seem like foreign concepts to someone in a purely services-driven industry such as airlines, where the human element is the producer – not a faceless, emotionless machine.

Supply Chain Planning Software 120

Supply Chain Planning Software Optimization Software Demand Planning Software Negotiating Skills 120

Infosys Supply Chain Management

JUNE 20, 2013

Industries. Industries. Industrial Manufacturing. Logistics and Distribution. Publishing Resources Industries. Following are some of the key considerations which I think an organization should make to reap benefits from an optimization exercise in Asset management. Contact Us. Newsroom Investors Careers.

Optimal Sourcing 25

Optimal Sourcing Asset Management Supply Chain Optimization Optimization Software 25

Supply Chain Shaman

MARCH 4, 2013

While I have lost 22 inches through diet and exercise, and improved my Body Mass Index by 11%, I have not dropped weight. Abby and I are writing an e-book on Supply Chain Metrics that Matter. Over the last decade, the only metric that we have improved in the supply chain is revenue/employee, a measurement of productivity.

Price Mitigation Strategies 266

Price Mitigation Strategies Training Cost Reduction Strategies Sourcing Strategies 266

Logistics Bureau

OCTOBER 12, 2020

In an attempt to help you keep your supply chain organisation from analysis paralysis, metric manipulation, or measurement misnomers, I decided to use this post to share nine important guidelines, or golden rules, for benchmarking your business and monitoring performance using meaningful supply chain KPIs.

Supply Chain Strategy 52

Supply Chain Strategy KPI Material Savings Supply Chain Planning 52

Logistics Bureau

FEBRUARY 28, 2019

In an attempt to help you keep your supply chain organisation from analysis paralysis, metric manipulation, or measurement misnomers, I decided to use this post to share nine important guidelines, or golden rules, for benchmarking your business and monitoring performance using meaningful supply chain KPIs.

Supply Chain Strategy 52

Supply Chain Strategy KPI Supply Chain Planning Supply Chain Software 52

Logistics Bureau

SEPTEMBER 25, 2016

The same is true in industry and business. If you want your company to be known as the best in its industry, commercial sector, or even in its niche, you must gain awareness of the only goal that matters—the one which none of your competitors have yet surpassed. Identify the Metrics that Matter.

Benchmarking 40

Benchmarking Supply Chain Planning Agile and Lean Supply Chain Supply Chain Strategy 40