Supply Chain Shaman

JANUARY 8, 2014

When I meet with my customers, I get thumbs-down feedback. Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. ” Supply Chain Leader.

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The overarching rule that all actions taken are meant to meet the needs of the present society without compromising future generations’ ability to meet their own needs, is a key driver. CEVA Logistics and other Eco-Skies Alliance leaders will work with United Airlines to collectively purchase approximately 3.4

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Resilinc

OCTOBER 23, 2023

Do you currently work primarily with Life Sciences clients at Resilinc? I have nearly 30 years of experience as a global procurement and supply chain leader in High-Tech and Life Sciences. Of those alerts, 60% typically had some kind of impact reported by a supplier.

Pharmaceutical 53

Pharmaceutical Manufacturing Procurement Material Savings Supply Chain Strategy 53

Logistics Viewpoints

NOVEMBER 17, 2022

This shortage is the culmination of various ongoing issues – geopolitical tensions related to the Russia-Ukraine war, the rapid shift in consumer buying behavior and container freight availability. Many breweries were also reported to be paying premiums to purchase cans just to meet their immediate needs.

Packaging 226

Packaging Food Manufacturing Procurement GEP 226

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. We call this AI-powered ability to predict near-term demand as demand sensing.

Predictive Analytics Software 59

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

SupplyOn

APRIL 23, 2020

SupplyOn Analytics links internal and external information – thus ensuring visibility and a robust, crisis-proof supply chain Planning, purchasing, logistics and transport management are traditionally separate processes, typically located in different departments. A central report then provides all results at a glance.

Just-in-Time 40

Just-in-Time Procurement Analytics Predictive Analytics Analytics Software 40

GlobalTranz

FEBRUARY 7, 2018

While most brands have already integrated live system tracking, secure data exchange processes, and visibility and traceability throughout systems, the use of cloud-based technologies will begin to have a major impact on procurement processes as well, says Marc Wins of Procurement Academy. Use of AI Will Increase.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Optimization Software 170

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have a target percentage to meet. 3PL/SLA Skills/Knowledge.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. Globalization Will Become More Important in Everyday Decisions.

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

QAD

FEBRUARY 7, 2023

Since then, technology and changes in the landscape of business have evolved SRM, but the primary goal is still the same: determine if strategic suppliers help meet your business goals in a satisfactory manner, and streamline the supply process as needed.

Price Reduction 97

Price Reduction Material Savings Vendor Strategies Inventory Reduction 97

GlobalTranz

DECEMBER 29, 2014

To that end, every warehouse manager’s role is to manage the physical environment, loadshifting equipment and people, to decrease the chances of collision and accidents, and often, to help the flow of freight via outbound and inbound freight management; an entire process known as warehouse traffic management. Read the full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Supply Chain Shaman

DECEMBER 13, 2015

Today, 7% of order and purchase order flows move through business networks. For access to the report on business networks reference this r eport. She is trying to redefine the industry analyst model to make it friendlier and more useful for supply chain leaders. However, inter-enterprise communication moves largely by email.

Manufacturing Procurement 150

Manufacturing Procurement Procurement Analytics Supply Chain Network Software Procurement Solutions 150

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

BlueYonder

FEBRUARY 17, 2022

Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. As we adhered to shelter-in-place orders from the CDC (Centers for Disease Control), each of us were purchasing more products and services online at a faster adoption rate than ever before.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

Supply Chain Game Changer

NOVEMBER 19, 2018

And the reality is that Supply Chain must be cost-effective. Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. The Supply Chain team must always meet the demands and pressures that the organization demands.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

ShipBob

NOVEMBER 6, 2023

Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Supply Chain Matters

MAY 3, 2022

The report authors noted that this index, when calculated without the impact of China would have posted a 53.2 The report specifically indicated: “ Average purchase prices rose to one of the greatest extents during the past 11 years, leading to the joint-steepest increase in output charges since the series began in October 2009.”. .

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

GlobalTranz

APRIL 7, 2017

Most transportation costs in a company arise from inbound logistics cost. If other words, the costs associated with transportation of items from vendors make up the biggest portion of will transportation costs, reports Amy Roach Partridge of Inbound Logistics. End-to-End Control Promotes Vendor Compliance. .

Vendor Strategies 139

Vendor Strategies Cost Reduction Strategies Inventory Reduction Resource Reduction 139

Supply Chain Matters

AUGUST 22, 2022

Last week’s quarterly financial performance reporting among major U.S. The retailer had reported a big earnings miss as higher inventories and supply chain related costs dragged down expected profitability. This week’s report of Target’s financial performance reflected that action, but operating margins actually declined to 1.2

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Unleashed

MARCH 23, 2021

Chances are, especially in this strange new economy, life is going to get fairly complicated as you need to adjust the supply of materials to meet changing demand , as well as account for all the other little details that come along with purchasing and utilising materials. Sourcing and purchasing. What is materials management?

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

Cathy Roberson

MAY 3, 2021

According to IHS Markit, March US purchasing manager’s index (PMI) was the second strongest since data collection began in May 2007. At a Berkshire Hathaway meeting, Warren Buffett said, “The supply chain is all screwed up” (Thank you @10xLogisticsExperts for sharing this on Twitter). During W.W.

Supply Chain Planning Software 98

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

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. End-to-end (E2E) supply chain refers to all supply chain processes, from logistics procurement to the post-sale customer experience. . Procurement & manufacturing.

Optimal Sourcing 52

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

The Network Effect

AUGUST 21, 2015

In my last four posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , and the all important ASN. Rather than building custom integration to meet this requirements, subscribing to the network make this information available, in the correct format, in real time.

Automotive 100

Automotive Optimal Sourcing Logistics Network Optimization Software Supply Chain Optimization 100

Enterra Insights

NOVEMBER 29, 2018

Billal Chouli explains, “A supply chain is a network of suppliers, manufacturers, and retailers, as well as intermediaries including freight companies, warehousing companies, and brokers, who transfer goods, services, money, and information amongst one another. ” Improving supply chain management strategies. ” 6.

Optimal Sourcing 100

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 100

ThroughPut

JUNE 4, 2020

It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory. Studies show that almost 65% of damaged inventory ends up that way due to the incorrect method of packing, storing, or securing in freight containers. Lack of automation.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory. Studies show that almost 65% of damaged inventory ends up that way due to the incorrect method of packing, storing, or securing in freight containers. Lack of automation.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

QAD

JULY 8, 2021

Long-term planning information is critical for the lower tier suppliers to plan and purchase their materials wisely. When the supply chain guesses incorrectly at any level, parts shortages will inevitably lead to costly premium freight and potential production disruptions up the supply chain.

Supply Chain Planning Software 87

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 87

FLEXE

JUNE 14, 2018

Now, its two-day promise isn’t even its fastest offer—for many Amazon purchases, next- or same-day delivery is available and free. For most, customer loyalty is more about your products and the experience they have when engaging with your brand—from discovery to check out to receiving their order—and how that meets expectations.

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

FLEXE

JUNE 14, 2018

Now, its two-day promise isn’t even its fastest offer—for many Amazon purchases, next- or same-day delivery is available and free. For most, customer loyalty is more about your products and the experience they have when engaging with your brand—from discovery to check out to receiving their order—and how that meets expectations.

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. This can include freight forwarding and documentation management. This helps in meeting customer demands quickly and cost-effectively.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Logistics Bureau

OCTOBER 6, 2017

Supply Chain Cost Reduction. Reducing Supply Chain Cost may not be as ‘hard’ as it seems. At a board meeting I had just outlined how this lady’s business could save $10 million per year, when she let me have it , with both barrels. The freight was all outsourced of course. You know the feeling.

Cost Reduction Strategies 40

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 40

ShipBob

APRIL 15, 2024

That’s why you need to closely measure metrics such as gross margin return on investment (GMROI). Specifically, GMROI measures how much profit you generate from every dollar you invest in your inventory purchases. This metric doesn’t just account for the cost of buying inventory.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

QAD

OCTOBER 24, 2023

Benefits of Collaborative Supplier Relationships Increasingly, organizations are realizing the benefits of tightening relationships with suppliers to better manage the sourcing and procurement of goods and lower supply costs. So, we can not truly say that the sourcing process begins with supplier management.

Supplier Management 93

Supplier Management Procurement Solutions Optimal Sourcing Supply Chain Network Software 93

EazyStock

SEPTEMBER 25, 2018

These apps help companies achieve every business process from tracking inventory and shipments to booking meetings with clients to tracking tasks and projects. Fancy KPI dashboards show you how you are stacking up month to month and call out areas where there is room to cut costs. Desk – Issue Management.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 78