Unleashed

MAY 7, 2024

By following these guidelines, manufacturers can contribute to a more sustainable future while benefiting from the economic opportunities that come with it. Implementing sustainable practices in your manufacturing operations not only protects valuable resources but can lead to financial savings and increased brand reputation.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

SCMDOJO

FEBRUARY 29, 2024

Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. What metrics do others (in my industry) use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Logility

OCTOBER 12, 2021

You could simply adopt existing guidelines to establish a code of conduct that supports the values you want to see in a socially responsible supply chain. Whether your company is just starting out or has already faced criticism about its sustainability practices, you would benefit by inviting the input of your critics.

Supply Chain Planning Software 130

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 130

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

Precoro

DECEMBER 11, 2023

It prioritizes not just the lowest purchase price, but the lowest total cost of ownership — meaning the total cost of a product or a service during its lifecycle, including purchase, maintenance, repair, staff training, support, security, and other costs. Goals beyond the best purchasing price fall into strategic sourcing.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Zipline Logistics

SEPTEMBER 21, 2021

Those organizations that cannot hit on-time standards, face a fine of 3% of the cost of goods sold for the non-compliant count in the order. It now expects shippers to meet an on-time threshold of 90% while requiring 100% of orders to be in full. OTIF Logistics Scorecard Guidelines for Sam’s Club.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction Sourcing Strategies 52

Precoro

SEPTEMBER 4, 2023

The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity. The cash conversion cycle is represented as a period of time that indicates how long it takes a business to turn its investments in inventory into money from customers.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

New Horizon Supply Chain Blog

AUGUST 30, 2023

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

ShipBob

MARCH 9, 2022

A key step to optimizing your order management process is by improving the order cycle time. In this post, we’ll take a closer look at what order cycle time is, why it’s important, and how to improve it for your business. What is order cycle time? Why is order cycle time important? Gauging customer satisfaction.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Software How To 52

AFFLINK

MARCH 15, 2016

But what if you’re just starting out? Or what if your business is just now at the stage where you need a comprehensive strategy rather than a “keep-doing-what-works-until-it-doesn’t” approach? On-time deliveries? Which metrics will you use to determine success? Supply chain management is a big topic. If so, which ones?

Supply Chain Planning Software 67

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 67

Locus Robotics

DECEMBER 22, 2020

Robotic solutions include real-time dashboards and reporting tools that monitor the changes in demand for you, allowing you to make decisions using the most current analyses. Investments and research have been paving the way to a robotic future, and the pandemic is just the latest catalyst for digital transformation, according to Gartner.

Supply Chain Design Software 98

Supply Chain Design Software Manufacturing Supply Chain Software Supply Chain Planning Software 98

AB&R

MARCH 4, 2022

Here are three reasons your warehouse receiving operations may want to look into mobile workstation carts : Time-consuming processes. Warehouse workers amass cumulative hours just by walking back and forth between receiving and storage areas to input data and print labels. Inaccurate inventory data. Poor facility layout.

Waste Reduction 52

Waste Reduction Inventory Reduction Warehousing Six Sigma 52

HICX Solutions

AUGUST 11, 2021

Starting with the post-pandemic situation, Charlotte believes that many of the challenges are really just beginning with newly rising threats such as cyber-crime, data breaches and cyber-attacks. “I SXM Webinar Series with Art of Procurement. So, I think that the whole cost of cyber-crime has been underestimated,” she adds.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

New Horizon Supply Chain Blog

JULY 15, 2022

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S. The net result is an increase in ROC.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

ShipBob

SEPTEMBER 24, 2021

Warehouse key performance indicators (KPIs) are metrics associated with warehouse performance. It also provides guidelines on what to look for when conducting a warehouse audit. Just the cost of renting a warehouse can quickly cut into profit margins. But how do you know if a warehouse is performing well?

Optimal Sourcing 52

Optimal Sourcing Warehousing Inventory Reduction Inventory Management Software 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. It’s a very painstaking, time-consuming process to understand what changes.”

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

Zipline Logistics

JANUARY 24, 2020

Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. But first, let’s look at the background of OTIF metrics and why they came to be. OTIF means on-time and in-full. OTIF Meaning and Background. Not Meeting OTIF Standards.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

Supply Chain Trend

DECEMBER 22, 2023

Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. I think it is time to update the IBP belief sytem to be more reflective of current times, technology & ways of working, and create a modern IBP vision.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

ThroughPut

APRIL 28, 2020

And, effective capacity is the highest possible amount of work that an organization is capable of completing in a set time period, owing to constraints like quality problems, delivery schedules, material handling, labor shortages, etc. How much capacity buffer is needed for those? Some of the features are as follows: 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

AFFLINK

MARCH 15, 2016

But what if you’re just starting out? Or what if your business is just now at the stage where you need a comprehensive strategy rather than a “keep-doing-what-works-until-it-doesn’t” approach? On-time deliveries? Which metrics will you use to determine success? Supply chain management is a big topic. If so, which ones?

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 48

DynaSys

SEPTEMBER 22, 2021

You’ve just been chewed out by the Head of Accounts because she was forced to ship an order to a major customer two weeks late…and it’s your fault. This is not a unique conversation in your organization because your on time delivery is only about 75%… even among your A customers it’s barely 80%. So you’ve finally had enough!

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Demand Planning Software Optimization Software 52

Unleashed

JANUARY 14, 2024

This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. We’ll look at modern manufacturing inventory methods, useful strategies, and manufacturing inventory management best practices. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Precoro

MARCH 31, 2023

In light of this event, we here at Precoro thought it would be a great time to go over the fundamental principles of sustainable procurement. Attention to climate change Climate change is not just looming over the horizon; it already affects all spheres of our lives.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Kanban Logistics

FEBRUARY 27, 2020

In either case, your 3PL can provide the staff, equipment and systems needed – saving you significant amounts of time and money and acquiring these yourself. Your 3PL can accommodate any shifts in space or resource requirements – effectively scaling your footprint to your needs as they change over time. Types of 3PL Warehousing.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

DynaSys

FEBRUARY 3, 2021

As months go by, if we do not see a working vaccine coming relatively soon, people may just get tired of following protocols and let their guards down. These are just a few high profile examples. There is competition for resources, though more infrequently and less dramatically as time passes. Regional Pandemic Relapses.

Modeling 97

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 97

Supply Chain Shaman

APRIL 27, 2016

It is hard for us to find time to have a different kind of conversation. They cannot sense and respond to demand. It is a struggle. The processes are largely batch and out-of-cadence with the markets they serve. Increasingly, business requirements are outside-in. The channels are multi-tier and companies are more dependent on outsourcing.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply Chain Design Software Analytics Software 150

Unleashed

OCTOBER 30, 2023

Then use a perpetual inventory management system to streamline and automate your manual stock control processes for even greater time savings. Take time to create a strategy and guidelines for communicating order statuses and updates with your customers. Before we dive into the details, let’s run through a quick overview.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Unleashed

NOVEMBER 15, 2021

With no on-premise hardware required for most new apps, and their services billed mainly on a user-by-user or module-by-module basis, companies can just ‘switch on’ or ‘switch off’ the services that they desire. So what is mass customisation, what are its benefits and challenges, and who is using this production model?

Inventory Management Software 98

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

Enterra Insights

MAY 25, 2021

That shouldn’t be surprising since what is considered “normal” changes all the time. At the same time, some companies have invested significantly in intelligent automation in recent months, and the pace of change and adoption is accelerating rapidly. And that’s not likely a coincidence.”[2] Once automated, there is no going back.”

Demand Planning Software 130

Demand Planning Software Guidelines Sourcing Strategies Supply and Demand 130

Precoro

MARCH 11, 2024

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. Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP).

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

GlobalTranz

NOVEMBER 7, 2017

You know safety impacts the bottom line, but just how much? In best-in-class companies, leaders recognize just how much employee safety and health should be embedded in the company culture. In best-in-class companies, leaders recognize just how much employee safety and health should be embedded in the company culture.

Modeling Software 125

Modeling Software Cost Reduction Strategies Expense Reduction Resource Reduction 125

Supply Chain Cowboy

JUNE 30, 2014

” Most companies have a list of key suppliers that you just couldn’t live without. In fact, using a “pained pause” may be a great tactic to try next time you’re in negotiations. Though the rough spots are often the most difficult times for honest communication, that’s when it’s most impactful.

Purchasing Skills 51

Purchasing Skills Sourcing Strategies Vendor Strategies Optimal Sourcing 51

QAD

JUNE 2, 2020

The company was also in a situation where it was difficult to define and monitor production metrics. The company was also in a situation where it was difficult to define and monitor production metrics. Achieve Real-time Shop Floor Visibility. This situation reduces plant floor efficiency, product quality and real-time insights.

Manufacturing 109

Manufacturing Material Savings Real-time Visibility Waste Reduction 109

QAD

JUNE 2, 2020

The company was also in a situation where it was difficult to define and monitor production metrics. The company was also in a situation where it was difficult to define and monitor production metrics. Achieve Real-time Shop Floor Visibility. This situation reduces plant floor efficiency, product quality and real-time insights.

Manufacturing 109

Manufacturing Material Savings Real-time Visibility Waste Reduction 109

The Logistics & Supply Chain Management Society

MAY 28, 2022

From driver shortages to the e-commerce boom and pandemic-related lockdowns fueling unprecedented congestion, getting goods to retailers and consumers in a timely manner has never been more challenging. This is a global issue, of course, but if we just take the U.S. the coming year may look a little different regarding sustainability.

Sustainability 264

Sustainability Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization 264

The Network Effect

OCTOBER 3, 2014

Focused on outcomes, a competitive supply chain capability not only assures the on-time delivery of component material, but also the execution of inbound supply to ensure the shipment of quality finished goods at a competitive price while delivering on-target margins for the manufacturers.

Supply Chain Network Software 197

Supply Chain Network Software Automotive Modeling Software Supply and Demand 197

o9 Solutions

MARCH 8, 2023

Those who have read this New York Times Bestselling book will be familiar with the concept of getting 1% better every day. If the time wasted in meetings is reduced as a result of your digital transformation initiatives, this immediately boosts morale.

Forecasting Software 52

Forecasting Software Waste Reduction Price Mitigation Strategies Just-in-Time 52