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. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Talking Logistics

DECEMBER 11, 2014

We never expected or predicted that the clunky analog cell phones we carried on our belt clips back then would quickly evolve into Internet-connected smartphones with digital cameras built-in, which is today cannibalizing digital camera sales ! Amazon Inside P&G Warehouses: A Case of “What’s In It for We”. The Google TMS?

Predictive Analytics Software 260

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 260

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. With more consumers turning to e-commerce, it’s important for businesses of all sizes to bolster the supply chain to handle the e-commerce business model. What is warehouse logistics?

Warehousing 98

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

Logistics Bureau

NOVEMBER 3, 2024

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management.

Inventory Reduction 74

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 74

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. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

BlueYonder

NOVEMBER 20, 2023

Blue Yonder was named a Leader in this inaugural report and the leader in the Better Functionality quadrant based on an evaluation of our Blue Yonder Warehouse Management solution. Blue Yonder’s WMS , a SaaS solution, empowers businesses to deliver consistently high service at a value-driven cost. In Charles A.

Supply Chain Planning Software 126

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Analytics Software 126

Logility

AUGUST 25, 2021

Logility customers can now access warehouse and Accelerated Growth in Cloud Services Annual Contract Value and Subscription Revenue. NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2022. ATLANTA (August 25, 2021) American Software, Inc. million compared to $0.8

Supply Chain Planning Software 130

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software Demand Planning Software 130

Logistics Bureau

OCTOBER 10, 2024

You can achieve the benefits by simply rearranging products – within existing storage media – to reduce travel distance for pickers in your warehouse. Product slotting is a warehouse term that involves placing products in optimal locations within a warehouse to enhance operational efficiency. What is slotting?

Warehousing 74

Warehousing Cost Reduction Strategies Inventory Reduction Expense Reduction 74

Enterra Insights

AUGUST 5, 2022

”[1] Here’s the rub: “All those excess retail inventories are starting to weigh on warehousing markets. If goods do arrive, then the warehousing shortage mentioned above comes into play. Journalist Lisa Baertlein ( @LisaBaertlein ) explains, “America’s largest warehouse market is full as major U.S.

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Inventory Reduction Price Reduction 130

DiManEx

DECEMBER 3, 2020

Stephan Wildenberg from the Dutch Armed Forces on stage to share insights from their transition to digital warehousing. An example of this is how “latency” is solved in traditional supply chains by stocking up warehouses. For them, using DiManEx’s analytics engine, Supply Chain Inspector , was key to select the right parts for AM.

Manufacturing Procurement 81

Manufacturing Procurement Warehousing Case Study Procurement Analytics 81

Talking Logistics

DECEMBER 8, 2017

My exercise plans for the weekend are set. JDA and SATO Partner to Deliver the Future of Warehouse Management. Fetch Robotics raises $25 million to automate warehouses (VentureBeat). As reported by the Wall Street Journal : United Parcel Service Inc. Rake today, shovel tomorrow. Just ask UPS and Walmart.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Purchasing Training Supply Chain Software SAP 0

Unleashed

FEBRUARY 28, 2021

Users can choose a fixed implementation plan or a more consultative approach, and scale up as needed with everything from reporting and analytics, shop floor data capture, HR, payroll and hosting available. Purchasing and supplier management, International Commerce Codes functionality, and advanced shipping. Orchestrate.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Analytics Software 98

Talking Logistics

OCTOBER 29, 2018

First, let’s define TMS – this is the software used to manage purchased transportation. Please involve procurement/purchasing, materials management, the planning and forecasting group, warehouse operations, facilities, finance / accounting, IT, customer service / sales, and anyone else that will touch this implementation.

Supply Chain Design Software 124

Supply Chain Design Software Supply Chain Planning Software Analytics Software Forecasting Software 124

Vinculum

AUGUST 23, 2022

According to the 2019 report e-commerce in MENA, Opportunity beyond the hype by Bain & Company, the UAE’s penetration rate is 4.2 Whether you run a manufacturing, supply chain, or retail business, your warehouse is significant to you. You must exercise extreme caution when choosing and purchasing a WMS.

United Arab Emirates 52

United Arab Emirates Optimization Software Inventory Management Software Logistics Network Optimization Software 52

Unleashed

OCTOBER 13, 2021

Sales order processing, also known as order management, is the flow of steps from customer purchase through to product delivery. It details each phase of the purchase and order fulfilment process, including financial transaction, order picking and logistics. A purchase order goes in the other direction.

Inventory Management Software 98

Inventory Management Software Inventory Reduction Supply Chain Design Software Forecasting Software 98

Logility

SEPTEMBER 16, 2022

Why do we build logistics models? But I ask it because modeling often takes a detour into the land of debilitating detail. And by debilitating, I mean an enormous analytical time sink — think months. I am often asking clients whether they wish to: A) Model the precise general ledger costs for logistics?

Modeling Software 130

Modeling Software Modeling Optimization Modeling Logistics Network Optimization Software 130

Supply Chain Game Changer

MAY 5, 2020

Within each of these two flows there should be a small number of high impact business processes or metrics that you need to address, holistically, in order to make meaningful and significant improvements in your cash position. If you are looking to improve dozens of processes and metrics you will get stuck in the weeds.

Expense Reduction 104

Expense Reduction Material Savings Inventory Reduction Cost Reduction Strategies 104

Logistics Bureau

APRIL 3, 2023

For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

Optimal Sourcing 98

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 98

BlueYonder

MARCH 24, 2022

The State of Supply Chain Sustainability 2021 report tells us that the work for increased supply chain sustainability has not slowed down as a result of the COVID-19 pandemic, but is continuing in full force. When additional capacity is built, for example more warehouses or more sourcing partners, the environment is often negatively affected.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Sustainability Agile and Lean Supply Chain 116

Enterra Insights

MAY 29, 2019

”[2] Those technologies include: Artificial intelligence (AI); advanced analytics; Internet of Things (IoT); robotic process automation (RPA); autonomous machines; digital twin technology; immersive technologies; and blockchain. Advanced analytics. They cut costs and eliminate keying errors. ” Internet of Things.

Supply Chain Planning Software 100

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

Unleashed

NOVEMBER 29, 2021

Not enough stock : Sudden surges in demand can happen at any time, and if you aren’t confident about when these surges will occur, or you don’t have an appropriate amount of safety stock (or perhaps operate a just-in-time business model) then you may stock out during these waves. Well, technically yes.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Predictive Analytics Software Analytics Software 98

Logistics Bureau

JANUARY 7, 2020

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Supply Chain Network Design.

Inventory Reduction 111

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 111

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

ThroughPut

JUNE 24, 2022

Accurate inventory management can ensure the right flow of items in and out of a warehouse. This application of AI helps anticipate future customer demand trends while minimizing the costs of overstocking unwanted inventory. WAREHOUSE EFFICIENCY. REDUCED OPERATIONS COSTS. ACCURATE INVENTORY MANAGEMENT. ENHANCED SAFETY.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

Talking Logistics

APRIL 27, 2016

Consider the ways rich data collection can help shape your supply chain towards lower cost and optimal performance. 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.

Optimal Sourcing 100

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

NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. They may provide specific KPI benchmark levels for a process (in such terms as percentage cost savings).

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Talking Logistics

DECEMBER 16, 2015

And more companies are treating Supply Chain Design as a continuous business process instead of a standalone project or a once-a-year exercise (see Supply Chain Design: Growing Scope, Community, and Collaboration ). Making supply chain and logistics predictions is like throwing darts at a moving target. What will happen in 2016?

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

Cathy Roberson

AUGUST 1, 2022

This collaboration helps carriers plan capacity needs, temporary seasonal labor requirements, third-party transportation purchases, and more down to the zip code level. “The problem is, as we go into the holiday season, they’ve got the wrong stock in the warehouse,” Moore said.

Inventory Reduction 96

Inventory Reduction Forecasting Cost Reduction Strategies Forecasting Software 96

crisp

SEPTEMBER 6, 2023

The article demystifies the complexities of scope 3 emissions reporting, offering key tips to stay ahead of regulatory changes and satisfy stakeholder demands. Until recently, reporting scope 3 emissions – which include indirect sources that organizations contribute to – has been optional. In 2010, the U.S. What are scope 3 emissions?

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Waste Reduction Supply Chain Design Software 52

Logistics Bureau

NOVEMBER 14, 2018

For categories of costs that are more complicated to manage, purpose-built network modeling applications make it easier to allocate costs and to calculate CTS for different customer/product combinations from transportation, production and warehousing cost data.

Purchasing Skills 93

Purchasing Skills Cost Reduction Strategies Supply Chain Design Software Supply Chain Planning Software 93

Logistics Bureau

DECEMBER 28, 2024

This led to increased levels of trade to distant locations, which were facilitated by more efficient and cost effective use of commercial air, sea, road and rail assets. In this article, outsourcing will refer specifically to transport and warehousing functions. Outsourcing is simply defined as the contracting out of services.

Material Savings 52

Material Savings Cost Reduction Strategies Price Reduction Inventory Reduction 52

Unleashed

FEBRUARY 1, 2023

The demand planning process can be extremely complex as it requires the analysis of numerous factors, including historic and current datasets and internal analytics. Test your findings Check the data against the reality of stock being ordered and warehoused and consumer demand. The demand forecasts can then be refined.

Supply and Demand 52

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

Logistics Bureau

SEPTEMBER 4, 2023

When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales. Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 98

GlobalTranz

OCTOBER 29, 2015

This exercise prompted Whirlpool to question whether having a single logistics provider was the best structure to exceed customer expectations and maximize cost savings. This function focuses on RFP financial analysis, the annual business plan, carrier and provider financial audit, financial reports and statement consolidation.

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

Arena Solutions

DECEMBER 17, 2024

We have another one that is commercially available as well called Stretch, which is a logistics and warehouse robot used for moving boxes, say, up to 50 pounds. So on the customer, not to downplay at all, with our customers, the challenge we usually see is because they’re struggling with that exercise.

Manufacturing Procurement 52

Manufacturing Procurement Analytics Software Modeling Software Supply Chain Network Software 52

Unleashed

NOVEMBER 20, 2023

Being able to get traceability on the material, understand when the available dates are and whether it’s in the warehouse, whether it’s due or not … these are all the big things for us that create bottlenecks.” He offers this example: “[One of our clients has] a sizable warehouse, lots of SKUs, and a very good warehouse manager.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

EMERGE App

FEBRUARY 4, 2019

Cross Docking Versus Warehousing. By contrast, traditional warehousing requires that wholesalers and distributors have goods on hand to ship to customers. This means receiving products at the unloading bay of a warehouse, unloading and inspecting them, and then storing them on racks. Reduced Costs. Consolidated Shipping.

Warehousing 40

Warehousing Supply Chain Planning Software Manufacturing Procurement Inventory Management Software 40