Silvon Software

APRIL 23, 2019

Companies that focus on strategic sourcing can generate substantial economic value not just by eliminating waste, reducing costs and improving administrative efficiency, but also by building stronger supplier relationships that can make them more competitive, profitable and nimble. These metrics are noted in the following sections below.

Purchasing Skills 90

Purchasing Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 90

Supply Chain Shaman

MAY 21, 2024

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence.

Procurement Analytics 355

Procurement Analytics Optimal Sourcing Metrics Supply Chain Planning Software 355

Unleashed

JANUARY 24, 2022

We also give you the 10 best practices to reduce your spend on MRO goods while maintaining a steady flow of the items you need – including the KPIs and software that will assist you. MRO stands for Maintenance, Repair and Operations and refers to the MRO of the machinery, equipment, and tools necessary to run a business.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Logistics Viewpoints

FEBRUARY 3, 2022

Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend as a risk. Because switching from JIT to JIC is at best only a tool to address short-term problems and risk.

Inventory Reduction 292

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 292

Logility

JANUARY 26, 2017

” This holds just as true today as the day it was first said. The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. When it comes to supply chain metrics, “beauty is in the eye of the beholder.”

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Logistics Viewpoints

DECEMBER 8, 2022

When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. Transportation execution solutions allow shippers to connect to multiple carriers and then tender, track, and pay in the system.

Rail Software 189

Rail Software Real-time Visibility Supply Chain Network Software Supply Chain Planning Software 189

Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). VBP also improves patient satisfaction by fostering greater collaboration among healthcare providers and making the patient experience one of the key evaluation metrics for hospitals.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . Key performance indicators (KPIs) are the quantifiable metrics companies use to gauge their progress toward a specific goal. . Not sure what those metrics are? Order cycle time.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Logistics Viewpoints

SEPTEMBER 19, 2022

In 2021, more than $25 billion was invested in supply chain companies in just the first three quarters of the year. At the time, Great Hill Partners managed 2 investment funds with over $300 million in equity capital (today Great Hill manages closer to $6 billion). Bruce Welty, Founder of the Unicorn Locus Robotics.

Modeling Software 204

Modeling Software Supply Chain Planning Software Logistics Network Optimization Software Demand Planning Software 204

ShipBob

NOVEMBER 24, 2023

It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more. It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more. Treating all stock the same can quickly lead to costly inefficiencies like overstocks and stockouts.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

EcoVadis

MARCH 31, 2017

Many procurement teams are finding holistic approach can provide huge advantages. Here’s an overview of the important criteria to consider when searching for a solution: What is the Industrial Breadth of the Solution? Predictable risks are still causing significant losses on a daily basis. which can vary by geography.

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. The purchase of Market6 was an effort by 84.51° to fill this gap, and in some ways it did. What you will learn in this guide What is 84.51° good at?

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

ivalua

JUNE 29, 2020

While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. Unfortunately, it just got worse. The healthcare provider world is facing tremendous strain as a result of the pandemic. I have some real context of this, living in NYC and having a family member that works at a hospital.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain Shaman

JUNE 29, 2014

The attendees were sitting on the edge of their seats to hear about the next release of Llamasoft software. I remember the first time that I met the founders, Don and Toby. It could no longer be just about inventory levels. This week, I spoke at the Llamasoft Summercon Conference. The conference was low-key. Reflections.

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

Supply Chain Shaman

DECEMBER 18, 2014

On my way back to the train, I struggled with what had just happened. Bridget, crossed her arms and asked why the project that they had just implemented on improving demand planning was not sufficient; and Lee across the table chimed in to say that the new processes of Integrated Business Planning (IBP) would do the trick.

Supply and Demand 279

Supply and Demand Forecasting Supply Chain Planning Software Forecasting Software 279

Logility

APRIL 7, 2020

In the midst of the seeming chaos many brilliant minds have been working in overdrive to develop innovative solutions to many of obstacles that lie in our way. Intertape Polymer Group is thinking outside the box and working with Stanfield’s Ltd to produce PPE garments for medical teams on the frontline battle against COVID-19.

Innovation 147

Innovation Supply Chain Planning Software Supply Chain Design Software Logility 147

Logility

JULY 20, 2023

That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. When you choose the right solution, you can stay ahead of fluctuations in customer demand, achieve high levels of forecast accuracy, handle seasonality, and drive collaboration across supply chain stakeholders.

Supply and Demand 187

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 187

Unleashed

NOVEMBER 16, 2022

The Manufacturers Health Check report shows SMEs in the UK, New Zealand and Australia were forced to hold record levels of stock in Q3 2022 – a response to billowing international lead times. We did this by analysing four key metrics: The average value of total stock on hand – reflecting the volume of goods held (plus impacts from inflation).

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Price Reduction 52

Unleashed

SEPTEMBER 7, 2021

Read more: Try the eCommerce inventory management software that unleashes your growth What is B2B eCommerce? A B2B eCommerce platform is software that facilitates transactions between businesses. Businesses can order stock online, and software is used to automate shipping, tracking and auditing of goods & services.

Inventory Management Software 97

Inventory Management Software Price Reduction Inventory Reduction Modeling Software 97

Unleashed

MAY 1, 2023

Meet the experts Nicki Hawkins – Cost Accountant & Head of Purchasing – Ribeye Boats , premium leisure boats in Dartmouth, Devon. Mark Houghton – CEO at Radical Cloud Solutions , our cloud solution specialist in Zimbabwe. But just because something worked before doesn’t mean it’ll hold up in future market conditions.

Forecasting 96

Forecasting Supply and Demand Modeling Forecasting Software 96

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

JANUARY 31, 2023

Specifying the value to provide customers will give you grounds for determining which of your supply chain processes are effective and which are a waste of time and resources. Establish a Just-in-Time strategy To reduce inventory wastage, a pull system – also known as a just-in-time (JIT) strategy – is introduced.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

Logility

JANUARY 16, 2018

I was guilty of this from time to time when I led a demand-planning group because we were evaluated on forecast accuracy as one of our key metrics. I was guilty of this from time to time when I led a demand-planning group because we were evaluated on forecast accuracy as one of our key metrics.

Supply and Demand 102

Supply and Demand Demand Planning Software Forecasting Supply Chain Planning Software 102

Unleashed

JANUARY 10, 2023

By reducing the cost and lead times of your goods, you’ll make more from each sale. By joining this exclusive group, your business gains an immediate leg up on the competition. By joining this exclusive group, your business gains an immediate leg up on the competition. That means there’s plenty of competition for everyone.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Locus

DECEMBER 23, 2022

Not only this, 62% of online shoppers in the US say delivery speed is what makes for a good purchase experience. Not only this, 62% of online shoppers in the US say delivery speed is what makes for a good purchase experience. Retailers need to find ways to make sure timely deliveries are their number one priority.

Analytics Software 52

Analytics Software Retail Supply Chain Planning Software Demand Planning Software 52

Supply Chain Shaman

SEPTEMBER 17, 2015

Transmitted perfectly, replicated indefinitely; and with a one-time investment in network infrastructure, a digital task performs well with zero marginal cost. On the journey for the supply chain leader, time is irony personified. As shown in the 2015 Supply Chains to Admire report , over time, top performing supply chains plateau.

Prescriptive Analytics Software 150

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

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

HICX Solutions

MARCH 31, 2022

In this webinar, we join Niko Nurmi , Executive Advisor at Procurement Leaders , as he discusses these challenges and how to overcome them – with Carmen Erhardt , Director of Corporate Purchasing and Head of Global Processes, Operations and Digitalization at Henkel ; and Anthony Payne , CMO at HICX. A supplier experience approach.

Optimal Sourcing 52

Optimal Sourcing Resource Reduction Cost Reduction Strategies Procurement Analytics 52

Supply Chain Shaman

MAY 30, 2017

At a visit to Samini, I witnessed a real-time visibility system for multiple tiers of the supply chain. To pass the time, I watched the news. I am normally too busy to watch the news, but I needed something to pass the time. I closed the door of my hotel room, and grimaced at the over-flowing trash can. Their hands were tied.

San Francisco 152

San Francisco Supply Chain Planning Software Forecasting Software San Jose 152

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 78

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 78

Locus

OCTOBER 19, 2021

That was the time when e-commerce had just started to make its presence felt globally. Also, this is the most preferred delivery method for selling time-sensitive products in the pharmaceutical industry. Saves time and money. This enables them to save time and expenses in ordering their medications.

Pharmaceutical 52

Pharmaceutical Logistics Network Optimization Software Optimization Software Modeling 52

Logistics Bureau

SEPTEMBER 4, 2023

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. Some customers are very good at finding loopholes to reduce their purchasing costs.

Negotiating Skills 75

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 75

Arkieva

JUNE 28, 2016

Analytics is a portfolio of loosely coupled methods for quantitative analysis that historically had “separate” disciplines or neighborhoods with common ancestors and occasional visits between groups. We might use “availability in Excel directly or with Add-ons” as an “age metric’.). Marketing efforts by firms such as IBM.

S&OP 64

S&OP Procurement Analytics Analytics Software Supply and Demand 64

Unleashed

MARCH 24, 2024

Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace. In this guide to lean manufacturing tools: What are lean manufacturing tools? In this guide to lean manufacturing tools: What are lean manufacturing tools? Big data frameworks.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Supply Chain Planning Software 52

Zipline Logistics

OCTOBER 6, 2020

Zipline Logistics’ President and Co-Founder, Andrew Lynch, recently discussed the topics in-depth to a group of CPG leaders during a presentation with X-Talks.? . How specialized firms are leveraging technological tools to be true disruptors . You can gain a significant advantage over competitors just by being there. .

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Vendor Strategies Retail 52

Enterra Insights

APRIL 22, 2019

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. ” Walmart’s latest move is likely to increase supplier angst.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

Unleashed

DECEMBER 13, 2023

Index figures are calculated from a combination of core performance metrics, including sales performance, purchasing and internal efficiency. Index figures are calculated from a combination of core performance metrics, including sales performance, purchasing and internal efficiency.

Manufacturing Procurement 52

Manufacturing Procurement New Zealand Manufacturing Beverage 52