SCMDOJO

JULY 3, 2023

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. Take into account things like your current skill level, desired improvement areas, and professional objectives. Procurement and Purchasing Cycle Lesson 7.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Talking Logistics

APRIL 29, 2015

Omni-channel is transforming retail transportation’s supply chain and logistics processes. Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes.

Sourcing Strategies 100

Sourcing Strategies Sourcing Transportation Cost Reduction Strategies 100

Unleashed

AUGUST 20, 2023

Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. Lead time is a vital business metric that directly impacts customer satisfaction, workflow efficiency, and delivery time accuracy.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

GlobalTranz

MARCH 23, 2016

How to Breakthrough Lean Culture Plateaus. Leader standard work in order to create accountability within the team structure; Problem-solving thinking; how to align your organization so that the right problems are solved at the right level. Practices and learns how to apply Lean tools. Ask yourself, "Has the Lean team plateaued?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health’s senior vice president of global logistics, said of their implementation of the Kinaxis’ supply chain planning (SCP) solution, “I was scared! Global logistics leaders wanted to improve service levels, lower costs, and fortify Cardinal Health’s supply chain planning process. I put my name on the line.”

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

Talking Logistics

NOVEMBER 21, 2016

For a long time, C-level executives viewed supply chain management, especially the logistics function, as a cost center. Therefore, how do you differentiate and make a larger impact on the organization? Source: “Tech in Asia” – https://www.techinasia.com. Who needs to be involved in the process?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Cost Reduction Strategies Inventory Reduction Logistics 100

Logistics Viewpoints

JUNE 26, 2023

But how to do this was very ambiguous. Mr. Beery began by visiting Procter & Gamble, UPS Logistics, the devices division at Microsoft, and other companies with advanced supply chains. Initially, Mr. Beery found the technology intriguing, but he was not sure how to leverage their solution.

Supply Chain Planning Software 207

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

Supply Chain Opz

FEBRUARY 17, 2015

To compete as an integrated supply chain, companies must better understand how to manage their relationships with their supply chain partners, whether they are suppliers or third-party logistics providers (3PLs). A strategic relationship has to include trust, commitment, shared cooperative norms, and compatibility.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning Global 100

Intelligent Audit

OCTOBER 27, 2022

Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. Examples of Big Data in Logistics Uses.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Zipline Logistics

FEBRUARY 9, 2021

Logistics data has taken a front seat at forward-thinking CPG brands due to its ability to drive impactful and profitability-focused decisions in all facets of the supply chain. Its place in logistics decision making has become critical and can help your organization find the right route, carrier, and receiving location for retail orders.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

ShipBob

OCTOBER 1, 2021

Whether you’re just starting to build out your logistics or your business has been established for years, there are always places to simplify and streamline operations within your ecommerce supply chain. Here are just some of the benefits of a lean supply chain that have prompted ecommerce merchants to optimize their logistics systems.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

The Logistics & Supply Chain Management Society

MAY 28, 2022

Port congestion, capacity constraints, large increases in rates across all modes, labour shortages and long delays in shipments—these are just some of the operating realities supply chain and logistics professionals face today. How are supply chains planning for further disruption and uncertainty? It requires a robust framework.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

Unleashed

JANUARY 10, 2023

That’s why you need to ensure you’ve got systems in place to collect key data relating to purchasing, logistics, inventory, and sales. Either way, the first thing you should do is establish metrics and KPIs. And why you must communicate with your suppliers to keep your timing and pricing expectations accurate.

Supply Chain Planning Software 52

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

Intelligent Audit

MARCH 23, 2021

More than one source of data and analytics is needed to get the most precise possible picture of supply chain spending and operational costs. Close monitoring of key performance indicators (KPIs) can provide valuable insight into performance within the important transportation data metrics. Use KPIs to Track Performance Over Time.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Cost Reduction Strategies 52

Supply Chain Shaman

OCTOBER 25, 2021

Manage Make, Source, and Deliver Together. Change internal metrics to a balanced scorecard and force the functions to work better together. While new analytics possibilities exist, business leaders’ understanding of how to use them is limited. Build capabilities to manage planning master data. What to do? Focus Outside-In.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Precoro

JULY 16, 2023

At the heart of the whole process is the purchasing manager – a supply chain and logistics professional who works to secure the required materials, goods, and services necessary for running the business. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Supply Chain Shaman

OCTOBER 25, 2021

Manage Make, Source, and Deliver Together. Change internal metrics to a balanced scorecard and force the functions to work better together. While new analytics possibilities exist, business leaders’ understanding of how to use them is limited. Build capabilities to manage planning master data. What to do? Focus Outside-In.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Unleashed

APRIL 21, 2024

While order processing ensures the accuracy and efficiency of the sale transaction, order fulfilment focuses on the logistics needed to physically deliver the product to the customer, on time and without errors. The customer’s information and payment are verified for accuracy.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

Elementum

FEBRUARY 7, 2024

Logistics Management: Streamlining Operations with AI In logistics, AI-driven process automation optimizes routing, fleet management, and delivery schedules, significantly reducing operational costs and improving efficiency. Common performance metrics include process completion rate and the number of automated tasks.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

QAD

AUGUST 29, 2023

In this blog, we will discuss why it is important to collaborate with partners within your supply chain solution, what organizations need to focus on data collaboration, and how to achieve collaborative forecasting. How Can One Achieve Collaboration Forecasting? Collaboration is key to successful digital supply chain forecasting.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Forecasting Software Forecasting 95

Talking Logistics

MARCH 19, 2019

The good news is if you have access to paid invoice data from either a third-party audit and pay company or an internal source, you likely have the ability to run proactive analytics as well. The key is knowing how to use this data most effectively so as not to miss avoidable problems or raise unnecessary red flags.

Analytics Software 131

Analytics Software Analytics Shipping Metrics 131

Supply Chain Cowboy

MARCH 1, 2015

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Communication.

Vendor Strategies 40

Vendor Strategies Metrics Price Reduction Expense Reduction 40

Logistics Bureau

FEBRUARY 6, 2023

Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supply chain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty.

KPI 83

KPI Supply Chain Strategy Supply Chain Software Supply Chain Design Software 83

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Freight Plus

JULY 17, 2020

In this episode, Consulting Logistics host, Kyle MacNaught, will chat with Andrew Clark, founder of Logistics Help. Andrew is passionate about logistics and how getting this element right in business can help elevate them to the next level. What surprised you in terms of logistics?

Logistics Network Optimization Software 52

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

Freight Plus

JULY 17, 2020

In this episode, Consulting Logistics host, Kyle MacNaught, will chat with Andrew Clark, founder of Logistics Help. Andrew is passionate about logistics and how getting this element right in business can help elevate them to the next level. What surprised you in terms of logistics?

Logistics Network Optimization Software 52

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

Supply Chain Shaman

JUNE 5, 2013

The cost was 60% more in than average; but even more unfortunate, they never got a good understanding of how to use the planning system. Bias and error are selectively measured and the organization is unclear on how to improve demand processes. Integration of corporate social responsibility metrics in planning.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 216

Supply Chain Shaman

FEBRUARY 14, 2022

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) We source this data from Y charts. Mistake #5.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

FEBRUARY 27, 2020

are working on a“if all you have is a hammer, all you see is nails” problem – they have been making boxed, canned and otherwise shelf-stable packaged food for well over a century but now consumers and retailers are looking for fresh foods and they don’t know how to adapt. Certainly, Campbell’s foray into its c-Fresh business ended in tears.

Analytics Software 238

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 238

Talking Logistics

OCTOBER 29, 2013

Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. management and related logistics objectives. Understand technology, information, and reporting tools and how to use them in the business. How to Recognize Success. Discrepancies decrease between planned and actual logistics activity.

Pricing Training 145

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 145

ThroughPut

DECEMBER 8, 2023

By anticipating these factors, businesses can optimize logistics, mitigate disruptions, and ensure smoother operations. These analytics techniques serve as essential tools to transform descriptive metrics into actionable insights and informed decisions. ” 6 Uses Cases Of Prescriptive Analytics In Supply Chain Optimization 1.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Taulia

OCTOBER 20, 2021

In today’s challenging market, companies face multiple challenges, from shortages of crucial components to port congestion, high shipping costs, logistics delays and uneven customer demand. While every company will have different priorities, a number of metrics can be used to measure supply chain efficiency. Cash flow forecasting.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

Arkieva

JANUARY 20, 2017

Are you using lean in your logistics and transportation management? Right Source. Transportation strategy should not drive how and when the product is delivered. Using Metrics/Key Performance indicators that measure how well the shippers and transportation providers do promotes daily continuous improvement.

Optimal Sourcing 60

Optimal Sourcing Waste Reduction Agile and Lean Supply Chain Inventory Reduction 60

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. Logistics network inefficiencies can also leave costly trails. The solution?

Predictive Analytics Software 59

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

ShipBob

APRIL 26, 2023

It involves all the activities related to the sourcing and transportation of raw materials needed in the manufacturing process. Further, the Great Resignation did not leave the logistics industry unscathed. Additionally, logistics planning should also be a top priority.

Supply Chain Planning Software 52

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