Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Logility

AUGUST 25, 2020

Poorly implemented demand planning software mis-forecasts demand for branded sneakers. Failed SCM implementation causes shipping errors. WMS failure causes Adidas to under ship by 20%. WMS failure causes Adidas to under ship by 20%. Warehousing and transportation costs. Tri-Valley Growers. Bankruptcy. Description.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Logistics Viewpoints

FEBRUARY 2, 2024

percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. percent year-on-year decline in cargo ton miles to 1.8bn, although this metric increased by 9.5 And now on to this week’s logistics news.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

Logistics Viewpoints

FEBRUARY 21, 2022

This configuration screen shows how Solvyouo maps transportation constraints. Here the savings are based on transportation and facility cost savings. The key solutions are demand forecasting/inventory optimization, supply planning, and network design. S upply chain planning requires constraints to be mapped. No plan is.

Supply Chain Planning Software 257

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 257

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

QAD

JULY 1, 2021

Maybe you could reduce shipping costs by making more bulk purchases or buying more locally. Better forecasting can drastically cut costs. There are many benefits for manufacturing companies that use ERP systems, including: Better supply chain, warehouse, transportation and inventory management.

Manufacturing Procurement 89

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 89

Supply Chain Shaman

OCTOBER 8, 2019

The budget is not sufficient and is often a detrimental input for supply chain forecasting. Why Is the Financial Forecast Not a Good Proxy for a Supply Chain Forecast? There are many reasons why the budget cannot be used as a supply chain forecast. The supply chain forecast is a rolling forecast.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Intelligent Audit

NOVEMBER 3, 2022

On the transportation end of supply chains, shippers adapt to the transportation needs at any given time to ensure this part of the supply chain continues as well as possible. This is why transportation network optimization is important. What Is Transportation Network Optimization?

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

Elementum

SEPTEMBER 6, 2022

Accurate planning, what-if scenario forecasting, and an awareness of alternative materials are all tactics that can contribute to identifying a satisfactory outcome to supply chain challenges. With a growing requirement for raw materials and consumer goods, insufficient shipping capacity exacerbated cost increases.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 78

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Payable terms grew, and the focus on efficient procurement and functional metrics reduced the development of strong relationships across the value chain. Focus on Cost.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

SCMDOJO

MARCH 19, 2024

Logistics Logistics involves managing the transportation and delivery of goods. Analyze performance metrics and implement improvements to enhance efficiency. To run the department, a supply chain manager needs certain supply chain metrics and KPIs to improve performance. Enroll Now! Being an S&OP lead is not an easy job.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

GlobalTranz

MAY 24, 2016

Using less-than-truckload for medium-sized shipments is one of the great innovations in shipping. It produces results at a fraction of the cost of full truckload (FT) or small package shipping. Contract negotiation is becoming a major factor in shipping. Access to Intermodal Shipping Options. Reduced Training Costs.

Purchasing Training 137

Purchasing Training Negotiating Skills Supply Chain Design Software Forecasting Software 137

Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Payable terms grew, and the focus on efficient procurement and functional metrics reduced the development of strong relationships across the value chain. Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Logistics Viewpoints

JULY 22, 2021

While the terminology evolved, the underlying thesis of S&OP has stayed the same, i.e., bridge the divide between sales forecasts and operational plans while respecting the budget. For example, forecasts are generated using the past three years of history, implicitly assuming history repeats.

S&OP 244

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

ShipBob

JULY 2, 2021

Demand forecasting. Tech-enabled demand forecasting has shown to reduce supply chain errors by 30 to 50%. With inaccurate forecasting, it’s easy to lose out on sales due to inaccurate inventory data, which leads to understocking or overstocking issues that result in lost profits. . brand mentions). . brand mentions). .

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

Intelligent Audit

DECEMBER 29, 2021

Understanding the state of holiday shipping and learnings for the next peak season means realizing that rates are always going to jump-start near Halloween. Any conversation about the state of holiday shipping would be incomplete without discussing ocean freight congestion and shortages. Ocean Freight Shortages Abound.

Shipping 52

Shipping Los Angeles Houston New York 52

GlobalTranz

NOVEMBER 12, 2015

We continue our series on strategic shipping by going into detail of the 10 main areas that shippers can turn to in order to have a strategic logistics and transportation management mindset. 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Generating Accurate Forecasts.

Continuous Improvement 120

Continuous Improvement Data Logistics Network Optimization Software Vendor Strategies 120

Intelligent Audit

DECEMBER 8, 2020

However, not all shipping analytics tools are created equally. As technology advances, companies must consider multiple potential features, platforms, and companies when choosing and applying shipping analytics capabilities across modes, multi-site locations, and more. Creation of Performance Metrics. Data Normalization.

Analytics Software 52

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

ThroughPut

FEBRUARY 23, 2024

12 Key Supply Chain AI Use Cases Supply chain AI Use Case 1: Demand Forecasting Market instability is the Achilles heel of demand forecasting right now. And the effect of inaccurate demand forecasting is felt across the supply chain. Just about everyone in the supply chain gets negatively impacted by wrong forecasts.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

ThroughPut

DECEMBER 6, 2023

.” Unlike diagnostic and descriptive analytics, which were designed to analyze situations after they happened, predictive analytics utilizes advanced data analytics techniques to forecast future outcomes. Time series forecasting focuses on predicting future data points based on past sequences.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Unleashed

FEBRUARY 1, 2023

In this article, we do a deep dive into demand planning and look at what steps, strategies and KPIs can be used to develop best-practice demand planning and forecasting. It ensures inventory is shipped in and held at the right level to match customer demand, even as those demands shift for various reasons. What is demand planning?

Supply and Demand 52

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

GlobalTranz

APRIL 14, 2017

Transportation management systems ( TMSs ) are not a new concept, but where they are hosted now, in the cloud, is still new to the shipping industry. There is a stereotype in shipping; bigger business means low-cost shipping rates and better deals with carriers. You simply log in and go. In a Nutshell.

Analytics Software 122

Analytics Software Forecasting Software Predictive Analytics Software Vendor Strategies 122

Logistics Viewpoints

JUNE 26, 2023

The second goal was to work with a fourth party logistics (4PL) partner that had invested in cutting-edge transportation management and visibility solutions. A 4PL is a company that plans and executes transportation on behalf of their customers. The company chose 4Flow to do transportation planning and execution in Europe.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

ShipBob

JANUARY 6, 2023

That’s where transportation management systems, or TMS, comes in. In this post, we’ll take a closer look at what a transportation management system is, why it’s important, and how you can choose a provider. What is a transportation management system (TMS)? Transportation management systems can perform a variety of functions.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel. SUPPLY CHAIN DIVERSIFICATION ENABLED BY TECHNOLOGY WILL BUILD RESILIENCE.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

SCMDOJO

JUNE 14, 2023

You can also use this data to make more accurate forecasts and better manage inventory levels. It’s estimated that up to 40% of all transportation costs occur within the “money zone.” This can include details such as the quantity of products being transported, delivery windows, and any specific requirements for loading or unloading.

Supply Chain Optimization 92

Supply Chain Optimization Supply Chain Planning Software Supply Chain Planning Supply Chain Software 92

SCMDOJO

JUNE 6, 2023

Demand Forecasting & Planning Understanding data analytics is relevant as we continue to herald in the nouveau era of tech-powered automation and optimization. Moving along, data analytics helps with effective demand forecasting and planning. They can understand their supply chain operations with more precision. Why is it crucial?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

OptiProERP

APRIL 9, 2024

Shipping and Logistics Once products pass quality checks, they are prepared for shipping. Efficient logistics management is crucial to coordinate transportation, track shipments, and manage delivery schedules. Continuous improvement initiatives help enhance product quality and customer satisfaction.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

GlobalTranz

AUGUST 31, 2018

The emergence of cloud-based platforms and Big Data increases forecast accuracy, eliminates unnecessary stock, and achieves truly optimized slotting designs. Use metrics and Big Data analytics for performance measurement and improvement, explains Inbound Logistics. Optimize warehouse design. Consider current and future needs.

Supply Chain Design Software 121

Supply Chain Design Software Warehousing Analytics Software Optimization Software 121

Logility

JANUARY 12, 2021

For instance, a modern report for a manufacturer might display all the data about transportation providers as usable information, in a scorecard format. Factors such as on-time delivery, freight cost per unit shipped, and transit time are assigned metrics and weighted averages to help users determine how well carriers are performing overall.

Prescriptive Analytics Software 131

Prescriptive Analytics Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 131

Locus

JANUARY 10, 2024

Over-replenishing can lead to unnecessary markdowns in the future, while under-replenishing results in frequent restocking, eating into profit margins and incurring additional shipping costs. These insights act as a crystal ball for precise demand forecasting. Point-of-sale data also reveals the key to lead time forecasting.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Waste Reduction 52

ShipBob

DECEMBER 13, 2023

These metrics provide valuable insights into how well your inventory is managed. Using ShipBob: Gain access to analytics featuring comprehensive breakdowns, including your average cost per unit stored, the average number of units on hand, and other metrics pertinent to warehousing costs.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Unleashed

JANUARY 14, 2024

This includes key activities such as the forecasting, ordering, receipt, storage, and auditing of inventory items. Ordering larger quantities also helps you to achieve economies of scale and reduces freight and transport expenses, but too much raw material inventory means an increased risk of waste.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

crisp

DECEMBER 15, 2021

These ‘ driver metrics ’ can give you an early signal to act on before your outcome is impacted. Reduced OOS is our outcome, but we still need to build out the driver metrics to understand steps leading up to it. Is the warehouse shipping goods on time? Before the warehouse, the supplier has to ship the product or raw material.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

ShipBob

APRIL 26, 2023

It involves all the activities related to the sourcing and transportation of raw materials needed in the manufacturing process. Starting with the COVID-19 pandemic, which resulted in nationwide lockdowns that put a temporary stop to raw materials transport. Further, the Great Resignation did not leave the logistics industry unscathed.

Supply Chain Planning Software 52

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

Unleashed

DECEMBER 11, 2022

That’s why, with so many possible variables to track, it’s critical to know which metrics matter most. However, tracking 50 irrelevant warehouse metrics is far less valuable than tracking a few hyper-useful ones. Warehouse KPIs, such as order lead time, help business owners forecast and improve customer satisfaction.

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98