The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Pre-Procurement Before commencing on a Procurement Exercise, it’s important to collaborate with internal stakeholders, including procurement teams, logistics departments, and related teams, to ensure alignment on objectives, requirements, and budgets. Obtain the necessary signatures to finalize the contract.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

ToolsGroup

OCTOBER 11, 2017

Gartner says that you shouldn’t just pitch forecast accuracy to your executive management, but translate your plan into business metrics. They add that best practice can also include accountability for stakeholder inputs, recognizing sources of error, and measuring performance.

Forecasting 180

Forecasting Supply and Demand Forecasting Software Optimal Sourcing 180

QAD

AUGUST 26, 2021

Means Manufacturing in Transition”, QAD’s Glenn Graney, director for the Industrial and High Tech markets, reflects on artificial intelligence: “Artificial Intelligence (AI) is already transitioning from an academic exercise to an impactful business proposition. In his white paper , “ No Matter What You Call It: Industry 4.0 Data Readiness.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 98

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

Kinaxis

NOVEMBER 25, 2016

Data will need to be threaded together from new sources like the Internet of Things (IoT) and social media, allowing new insights to be formed and acted upon. Competing metrics need to be visible and actionable insights easily accessible. This next leap in planning, the fourth generation, SCP 4.0, means new operating models.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Optimal Sourcing 100

SCMDOJO

JULY 3, 2023

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. Take into account things like your current skill level, desired improvement areas, and professional objectives. Procurement and Purchasing Cycle Lesson 7.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

crisp

SEPTEMBER 6, 2023

Environmental Protection Agency (EPA) mandated annual greenhouse gas emissions (GHG) reporting for organizations emitting over 25,000 metric tons of GHGs per year, and those in specific industries like vehicle manufacturing and industrial gas. In 2010, the U.S. Here, we’ll provide an overview of each.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Waste Reduction Supply Chain Design Software 52

NC State SCRC

FEBRUARY 13, 2021

The index will rely on existing data that illustrate factory conditions, producing a simple and objective indicator, allowing consumers to exercise informed ethical buying behavior in the apparel market. The EAI will provide a third-party metric to generate marketing media (e.g., 1] [link]. [2] 2] Templeton, J.

Apparel 59

Apparel Optimal Sourcing Supply Chain Design Software Manufacturing Procurement 59

Unleashed

FEBRUARY 1, 2023

The demand planning and forecasting process The process of demand planning and forecasting can be extremely difficult, as it involves multiple teams across an organisation and data points from both internal and external sources. Demand planning must include a determination and recording of key metrics to track throughout the year.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Enterra Insights

JULY 16, 2018

”[1] The report focused on four key metrics: supplier criticality, supplier financial risk, global sourcing risk, and foreign exchange risk. If you are an upstream supplier or a downstream retailer, different metrics must also be considered. Having a risk management plan in place and exercising it are essential.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy 100

BlueYonder

JANUARY 3, 2023

As a result, we’ve seen a 10% increase in service metrics.”. Sieber’s team at Colgate-Palmolive takes a proactive approach to planning, regularly running exercises to prepare for many different scenarios as disruptions emerge. “On One change we’ve implemented is incorporating customer orders into the supply chain process.

Supply Chain Planning Software 92

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

Material Handling & Logistics

DECEMBER 14, 2018

It arrives from an array of sources, and it is presented in a variety of formats. The techniques require different degrees of sophistication, but even the relatively simple exercise of putting data from different sources in the same space and producing a visual representation can suggest strategies for transformation.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

Supply Chain Collaborator

AUGUST 13, 2015

American Shipper advises transportation managers to: 1) Work towards achieving visibility across all modes with an emphasis on the application of metrics to reinforce the value of visibility to all stakeholders in the organization. Sure, cost is a valuable metric for gauging success.

Transportation Management 60

Transportation Management Logistics Network Optimization Software Optimal Sourcing Network Design Software 60

Supply Chain Opz

AUGUST 2, 2018

While on the surface it is true to say that in most organizations inventory is a highly visible dimension of Supply Chain performance impacting company accounts and a key reportable metric of business performance. This involves getting the buy in and validation of planners who need to own the operational delivery.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

ThroughPut

AUGUST 24, 2021

Conditions of erratic demands, long-period metrics, and unavailability of raw materials have brought forth a plethora of problems, such as – Trouble Managing Capacity : With high peaks and troughs in demand for goods, capacity management has become a key concern. A common trend underlying these problems is ‘unpredictability’.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

DynaSys

SEPTEMBER 22, 2021

And this is only one metric where you could be doing a lot better. Perhaps a major source of financial pain in your supply chain is not having a digitized capacity planning solution. Taking the time to go through this exercise might seem extraneous, but sometimes you have to slow down to speed up. Good luck with your search!

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Demand Planning Software Optimization Software 52

Supply Chain Game Changer

MAY 18, 2021

This must include the active management of highly visible metrics and measures associated with nature impacts in most industries. This governance should be exercised by all stakeholders for any organization, including government level representation. Supply Chain leaders must be at the epicentre of this change.

Supply Chain Design Software 64

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

Intelligent Audit

OCTOBER 27, 2022

According to analysts at McKinsey , “Most of the data generated in a supply chain falls outside the scope of just one enterprise or entity,” a dynamic that makes it hard to know if you’re dealing with good or bad data or even the original source. Does the data come from a variety of different sources? Gain Clarity into Shipping Data.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Proxima

MAY 2, 2020

Sure, these are things that many Sourcing and Category Managers think about regularly anyway, but when time and resources are stretched thin or focused elsewhere during a crisis, it is precisely these areas that need prioritization and dedicated attention. Am I working with the right suppliers to get me out of this when the time is right?

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Training Sourcing Strategies 52

Zipline Logistics

JUNE 15, 2021

As industries evolved to meet the needs of modern consumers, the supply chain has become a reliable source of competitive advantage. Those that can exercise control and uncover visibility into key supply chain processes are shown to fare better than competitors.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Logistics Network Optimization Software Optimal Sourcing 52

Talking Logistics

APRIL 27, 2016

As digitization continues to modify the global supply chain landscape, its unprecedented data sources and solutions will lead to not only the demise of disparate information systems, but to the rise of true, end-to-end, supply chain visibility. Improve lead times and performance. Identify shortage and quality problems along the supply chain.

Optimal Sourcing 100

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

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

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. It’s not a one-off exercise. Pre-crisis we ran some research with Finance Leaders in the US and UK. There are many competing forces coming out of the pandemic.

Supply Chain Design Software 94

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

Supply Chain Shaman

OCTOBER 6, 2013

It senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time latency to align sell, deliver, make and sourcing functions. When this happens, there is greater balance between metric trade-offs and resiliency in year-over-year improvements in corporate performance.

Supply Chain Network Software 219

Supply Chain Network Software Course Supply and Demand Supply Chain Design Software 219

HICX Solutions

MARCH 31, 2022

Procurement teams have been using segmentation, such as the Kraljic Matrix , to make decisions about which strategies to use for many years – and this is essentially a resource allocation exercise,” he concludes. For example, one metric would be to count the clicks – how many clicks does a supplier need to make to do business with you?”

Optimal Sourcing 52

Optimal Sourcing Resource Reduction Cost Reduction Strategies Procurement Analytics 52

SupplyShift

NOVEMBER 4, 2020

When you complete your exercise, you should come away with a clear list of milestones you’ll hit. To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

SupplyShift

NOVEMBER 4, 2020

When you complete your exercise, you should come away with a clear list of milestones you’ll hit. To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Map all supplying sites.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

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

Supply Chain Trend

OCTOBER 31, 2016

During this exercise I was hand-picked to develop and lead the Demand Planning Team for the largest of the two operating divisions. Also, building in S&OP process metrics, not just business operating metrics is critical to success. Jim: This is a classic process, system, people, metrics opportunity/challenge.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 60

HICX Solutions

AUGUST 11, 2021

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.”. And we are going the extra mile to make sure that the suppliers know that we are serious about these metrics.”.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Logistics Viewpoints

FEBRUARY 2, 2023

Instead of manually entering data at set intervals throughout the month – an after-the-fact exercise prone to errors and omissions – an automated solution captures billable activities correctly in real-time, improving overhead utilization, cost control, and revenue leakage at once.

Supply Chain Planning Software 204

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

Supply Chain Shaman

FEBRUARY 25, 2016

High-velocity or streaming data requires different architectures built on non-relational, cloud-based architectures using open source tools like Apache Spark. source Moody’s). Eating the same level of a caloric diet and exercising at the same level, the main character in the movie gains 8 kilos in less than six months.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Logistics Bureau

JULY 27, 2016

However based on observations made in the course of our consulting work, many organisations perceive it as a purely remedial or punitive exercise. None of the aforementioned supplier performance evaluation benefits can be gained through sporadic or one-off exercises. Why is this a mistake? What is Total Supplier Performance Evaluation?

Vendor Strategies 40

Vendor Strategies Resource Reduction Waste Reduction Inventory Reduction 40

QAD

OCTOBER 15, 2020

These new classes provide you with all the tools you need to study by yourself — videos, exercises and hands-on environments. The new Adaptive UX Action Centers and Key Performance Indicators (KPIs) provide flexible, built-in metrics, role-specific operational dashboards, and advanced analytics based on multiple data sources.

Price Mitigation Strategies 75

Price Mitigation Strategies Buyer Training Training Optimization Software 75

Infosys Supply Chain Management

JUNE 20, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Following are some of the key considerations which I think an organization should make to reap benefits from an optimization exercise in Asset management. Sourcing,Procurement,Contract & Spend Management (38).

Optimal Sourcing 25

Optimal Sourcing Asset Management Supply Chain Optimization Optimization Software 25

NC State SCRC

JANUARY 16, 2024

Dan Finkenstadt used his Chat GPT programs to analyze the NDIS and compare it to the recommendations developed in our book, Supply Chain Immunity: Overcoming our Nation’s Sourcing Sickness in a Post-Covid World. There is also little consideration of what it takes to truly establish domestic sourcing capabilities.

Sourcing Strategies 72

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 72

Enterra Insights

NOVEMBER 1, 2019

We’re working with the research community and have open-sourced tools to enable others to work alongside us to identify new applications.”[5] ’ In many ways, the exercise of building a quantum computer is one long lesson in everything we don’t yet understand about the world around us. ”[9]. Concluding thoughts.

Modeling Software 100

Modeling Software Benchmarking Research Modeling 100