EC Sourcing Group

MARCH 12, 2023

A supplier scorecard is the result of supplier analysis based on a set of key performance indicators and metrics. Steps for building a supplier scorecard: Focus on the purpose of the scorecard by recognizing and determining the right measures and metrics, or, your KPI’s.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

QAD

FEBRUARY 7, 2023

This requires establishing KPIs and specific metrics of success to assess performance against. ERP software collects and organizes supplier data in one central location so you have better visibility into KPIs and can make more strategic supplier decisions.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

Unleashed

JANUARY 14, 2024

It refers to the process of purchasing, storing, and tracking the various goods required to build a product. Manufacturing inventory management requires a coordinated approach across production, purchasing, sales, and logistics departments. Ordering and purchasing the required materials from suppliers at the right time and quantity.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. ” Supply Chain Leader. I am behind. The heat is on.

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

ThroughPut

FEBRUARY 23, 2024

Traditional manual approaches and one-size-fits-all tech solutions fall short, offering scant assistance. The solution? You can conveniently work with the right suppliers by analyzing pricing, quality, and delivery times as the system helps you identify reliable suppliers, thereby, streamlining the procurement processes.

Predictive Analytics Software 59

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

CH Robinson Transportfolio

NOVEMBER 4, 2020

Consumers now have higher expectations regarding their purchase experience—convenient pickup and delivery options; an increased demand for accurate, real-time visibility to their order; and easy to use, low cost transportation purchasing options are critical. You need a less than truckload freight management strategy.

Material Savings 44

Material Savings Cost Reduction Strategies Waste Reduction Inventory Reduction 44

Cathy Roberson

APRIL 6, 2022

Despite the number of visibility tools available on the market today, “lack of visibility” continues to be a common complaint in the supply chain market. Are today’s visibility tools missing something? What's missing, if anything, from visibility tools?” But what exactly is visibility?

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

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

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

Gravity Supply Chain

MAY 20, 2022

Spire and Gravity Supply Chain solutions helping restore flow of goods by giving customers more visibility and greater confidence to accurately predict delivery times. ” Providing solutions in the context of this reality is critical, and together Spire and Gravity Supply Chain Solutions are working to restore the global supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

SupplyPike

APRIL 10, 2020

You’ll need to work with your buyer on revising their purchasing plans to favor high demand items. You should also look into implementing short term solutions for limited supplies. Another solution is to create inventory reserves. Forecasting. People are stockpiling goods in order to prepare for weeks or even months at home.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

Unleashed

FEBRUARY 21, 2024

If you’re selling products, your customers should feel confident that they can negotiate with you in the event their purchased goods arrive damaged, incorrect, or are no longer required. However, that same year, software company Steam announced a new open refunds policy and it was immediately abused by online users.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

BlueYonder

FEBRUARY 17, 2022

Focus on warehouse automation has come full circle since the last big automation movement of the ‘90s, but today with a significantly better set of tools and technological improvements enabling more robust digital transformation and warehouse automation. Investments in Transportation solutions is imperative.

Supply Chain Planning Software 70

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

Talking Logistics

OCTOBER 29, 2013

You could answer them with a purchase order (P.O.) Diffuse resistance by inviting stakeholders from internal groups to become part of the solution as early as possible. Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. performance metrics to influence vendor behavior and impact sourcing choices.

Pricing Training 145

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 145

Unleashed

MARCH 31, 2021

Some basic supply chain and logistics KPIs you should be measuring — or using a Business Intelligene tool to keep track of. A lean business looking to build efficiencies would do well to try and improve this metric. A metric to determine how many days it would take to run out of supply if you did not replenish your stock.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

ShipBob

NOVEMBER 6, 2023

Using an inventory management software can help you keep track of inventory during physical inventory counts. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand. Learn more about inventory reconciliation here.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

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

JANUARY 31, 2023

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. In this Part 2 blog post, we will continue to explore how automotive manufacturers are carrying out effective supply chain initiatives and their innovative solutions.

Automotive 85

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 85

Zipline Logistics

JANUARY 26, 2021

As organizations, new technology solutions have become the best tools to achieve effective shipment visibility, which is vital for uncovering efficiencies. Either through the implementation of firm-purchased technology investments or effective logistics outsourcing, healthcare shippers can improve their supply chain functions.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 52

CargoBarn

AUGUST 14, 2018

As capacity remains tight, carriers can afford to be increasingly selective about which shippers they choose to work with and the type of freight they take on, slapping rate increases on shippers they deem “difficult,” or avoiding their freight altogether. . Flexibility.

Supply Chain Planning Software 40

Supply Chain Planning Software Optimization Software Supply Chain Network Software Purchasing Skills 40

Unleashed

DECEMBER 20, 2022

But it can also be overwhelming when it comes to finding the right tools and applications for your client’s business (or your own). To make things simple we’ve put together a list of the best business software tools on the market right now. A2X A2X is accounting software specially designed for eCommerce businesses.

Forecasting Software 98

Forecasting Software Inventory Management Software Analytics Software Predictive Analytics Software 98

Intelligent Audit

OCTOBER 12, 2022

Annually, container ships contribute approximately one billion metric tons of carbon dioxide. They include energy sources your company purchased for its use, such as electric car refueling, electricity for the building, and similar types. Freight brokers can use fuel or freight lane information to reduce carbon emissions.

Waste Reduction 52

Waste Reduction Resource Reduction Price Reduction Cost Reduction Strategies 52

Freightos

FEBRUARY 4, 2020

As a result, nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and to power intelligent decisions. But despite its size, containerized freight’s poor visibility persisted. Prices for everything and anything are subject to change and freight rates for containers are no different.

Optimal Sourcing 238

Optimal Sourcing Purchasing Skills Real-time Visibility Procurement Analytics 238

DAT Solutions

MAY 7, 2018

That's my main takeaway from the Dry Van Freight Barometer for April. Above is a summary of the DAT Freight Barometers for April. I've studied the transportation sector for decades, mostly as a financial analyst, and I regularly advise transportation company executives and investors on stock purchases.

Capacity 70

Capacity Freight Purchasing Skills Procurement Analytics 70

GlobalTranz

JUNE 11, 2015

The first post in this series broke down what is supplier quality management and the steps to evaluate suppliers and the second post gave you insight into the metrics to look out for by 6 major industries. Other factors-such as poor tooling and equipment as well as basic communication challenges-can contribute to poor quality.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

ShipBob

NOVEMBER 15, 2021

When you have a strategy for executing your logistics, you won’t be tempted to panic and settle on a more costly solution for the sake of convenience. Additional tools like free standard packaging, data and analytics, and our best-in-class software are included at no extra charge to help you stay on budget and plan your logistics.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

Supply Chain Collaborator

MARCH 13, 2017

Shippers opting to use a third party logistics (3PL) provider’s TMS solution as opposed to implementing and managing TMS internally the almost always lose more than they gain. Very Limited Proprietary Tool Sets – Many 3PLs have invested in development to field rudimentary automation tools they claim are “as good as a TMS”.

3PL 60

3PL Network Design Software Procurement Solutions Supply Chain Network Software 60

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

ShipBob

AUGUST 25, 2021

Some of these inefficiencies often start with improper purchase ordering. To optimize your first-mile delivery process effectively, you will need a system in place to collect data and report on key distribution metrics. Much of this can be tracked by implementing an inventory management software or a warehouse management system (WMS).

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Optimization Software Inventory Reduction 52

The Lean Supply Chain

JULY 7, 2015

The standalone Yard Management Systems (YMS) market is approximately $ 35.000,000 US which includes C3, Pinc, Navis and Yardview software solutions. RTLS also enables management to monitor yard operations’ key performance indicators (KPIs) based on quantifiable productivity metrics measured by the actions of the yard trucks.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Modeling Software Demand Planning Software 40

Unleashed

FEBRUARY 28, 2021

Supply chain management systems are tools that integrate every element of a company’s supply chain to help it become more efficient, effective, and profitable. This is done either with on-premise software, through the cloud, or using a hybrid of both. . This is why a good SCM tool is so important. Cloud-based software.

Supply Chain Planning Software 98

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

Zipline Logistics

SEPTEMBER 29, 2020

The past three quarters have been anything but typical for the freight market and the domestic economy at-large. The arrival of COVID-19 sent freight volumes skyrocketing to keep up with panic buying at retailers nationwide. Following the short downturn , the freight market began a rapid recovery that has yet to cool off fully.

Freight 52

Freight Manufacturing Procurement Logistics Network Optimization Software Los Angeles 52

Supply Chain Opz

JUNE 1, 2014

In order to compensate a long waiting time, Adidas uses air freight or courier service. In order to streamline the delivery, Coca-Cola implemented a vehicle routing software. The reason is that is the software vendor has a very good relationship with Coca-Cola''s legacy ERP software vendor.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Unleashed

DECEMBER 6, 2021

For any wholesale business, software has become critical to survival. So what should you keep an eye out for when you’re shopping around for wholesaling software? Learn more: Handle your wholesale orders with confidence Why is dedicated software so crucial for a wholesale SME? That place in between? split shipments). ?

Inventory Management Software 98

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

GlobalTranz

OCTOBER 27, 2015

The effect of any communications effort with this may be difficult to measure unless specific measurement tools are put in place upfront. Let's talk about the outputs, or desired metrics worth measuring, in each category of what a logistics company might provide. Evidence may be just as useful in situations like this.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Material Handling & Logistics ). Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207