The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The responsibility of sustainability is no longer limited to the individual, but it extends to corporations, industries and even governments. The global supply chain industry has by default, a large environmental impact, through its carbon footprint. Acting for People. Acting for Planet. Photo Credit: United Airlines.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Logistics Viewpoints

MARCH 29, 2024

Following passage of the act in the House, the Retail Industry Leaders Association (RILA) welcomed its progress and encouraged the Senate to follow suit. Retailers rely on global maritime shipping to deliver products for American consumers every day,” RILA Director of Supply Chain Policy Sarah Gilmore said in a release.

Prescriptive Analytics Software 251

Prescriptive Analytics Software Logistics Network Optimization Software Supply Chain Software Logistics 251

Supply Chain Shaman

JULY 21, 2022

The selection of metrics is based on prior work with Arizona State University to understand which metrics, in combination, correlate to market capitalization and price to book value. Industry Bias. In the industry, there is a bias to place the mantle of supply chain leadership on companies based on company brand perception.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. The impact of the elongation of payables on receivables varies by industry, but on average across the industries increased eighteen days when comparing the past five years to the pre-recession years.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

Logility

JANUARY 26, 2022

The industry stands to gain too much to accept mediocre attempts, such as shifting to vertical production, embracing made-to-order business models, or creating new pieces from vintage garments or deadstock materials. A commitment to improving environmental, social, and governance (ESG) performance at COP26 is unquestionably commendable.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 130

Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. The reinvention of planning is needed, but it is hard to unwind the industry. I have been an industry analyst for two decades. The US GDP in 2021 grew at an unexpected rate of 5.7% Focus on Cost.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Logistics Viewpoints

OCTOBER 9, 2023

In the food & beverage industry, farmers are the key suppliers. According to the company, its program paid $4 million to farmers for 200,000 metric tons of carbon in 2021. Giana Amador, the co-founder and policy director of Carbon180 – a climate policy nonprofit – certainly has concerns.

Resource Reduction 215

Resource Reduction Beverage Food Industrial 215

ivalua

JUNE 14, 2023

Process: Blueprints for Success This process workstream focuses on blueprinting existing processes, policies, and metrics. As an industry analyst, he researched and advised organizations in various industries​ on best ​and innovative practices, digitization and optimization.

Optimal Sourcing 239

Optimal Sourcing Sourcing Strategies Procurement Resource Reduction 239

Logistics Viewpoints

JULY 22, 2021

The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process. In general, S&OP consists of a New product review, Demand Review, Supply Review, Management Review and some level of reconciliation between these steps.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. The reinvention of planning is needed, but it is hard to unwind the industry. I have been an industry analyst for two decades. The US GDP in 2021 grew at an unexpected rate of 5.7% Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

QAD

JULY 23, 2020

Benchmarking is common practice across many different industries. According to Business Benefits Group (BBG) , benchmarking in business is a way of comparing best industry practices against your organization’s processes to identify performance gaps and achieve a competitive advantage. What is Benchmarking and Why is it Important?

Benchmarking 132

Benchmarking Metrics Manufacturing Six Sigma 132

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

With broad-based support packages, targeting hardest-hit industries like aviation, coupled with support of a strong logistics ecosystem, reinforced by global players such as DB Schenker. The digital twin allows for internal operations as well as customers to view the various processes, along with detailed metrices throughout the facility.

Singapore 246

Singapore Logistics Network Optimization Software Supply Chain Design Software Waste Reduction 246

QAD

JULY 23, 2020

Benchmarking is common practice across many different industries. According to Business Benefits Group (BBG) , benchmarking in business is a way of comparing best industry practices against your organization’s processes to identify performance gaps and achieve a competitive advantage. What is Benchmarking and Why is it Important?

Benchmarking 130

Benchmarking Metrics Manufacturing Six Sigma 130

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. A good returns policy is crucial for ensuring a smooth customer experience. Should a returns policy be tight or lenient?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Logility

OCTOBER 7, 2021

heads towards its second pandemic winter, there is talk of the far-reaching effects of a global economy in the grips of continued, unpredictable disruption, while at the same time many industries – life sciences being a significant one – are grappling with their own unique challenges and growing pains. As the U.S. Brad Pawlowski, Accenture.

Supply Chain Design Software 130

Supply Chain Design Software Optimal Sourcing Pharmaceutical Supply Chain Optimization 130

Supply Chain Shaman

JULY 30, 2022

In each industry sector, companies face unprecedented variability. To understand the magnitude of the shifts, I encourage you to glance through the industry sector averages outlined in Table 1. Market Shifts by Industry Sector. The range depends on sales velocity, replenishment policy, and shelf assortment. Background.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

SYSPRO Smarter ERP

OCTOBER 30, 2023

A quality management system should keep track of changes to policies and procedures, and provide reports on anything related to the quality management process. Predefined metrics should be established for this inspection so that a pass/fail rating can be given.

Quality 105

Quality Manufacturing Supply Chain Design Software Supply Chain Planning Software 105

Resilinc

NOVEMBER 1, 2022

tensions with China boiled over into policies and restrictions that will fundamentally reshape semiconductor value chains and the myriad types of products that require chips. They are all rated strong performers by their customers across operational metrics including business continuity planning and reliability.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Network Software Metrics Demand Planning Software 62

QAD

MARCH 9, 2023

Automotive and industrial product companies were among the hardest hit. That means looking at the right metrics. Be influenced by metrics that transcend operations, profitability, and risk. Cash flow impacts KPIs need to be side-by-side with profitability metrics when making supply chain sourcing and serving decisions.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 95

o9 Solutions

JANUARY 25, 2023

There is a big push from industry experts, regulators, consumers, and companies to move towards supply chain models based on circularity. This blog explores how policy developments such as the digital product passport (DPP) alongside supply chain software can play a role as enablers. What is the digital product passport (DPP)?

Supply Chain Planning Software 52

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

SCMDOJO

MARCH 19, 2024

Analyze performance metrics and implement improvements to enhance efficiency. To run the department, a supply chain manager needs certain supply chain metrics and KPIs to improve performance. Oversees the procurement process, ensuring efficient ordering, timely deliveries, and adherence to company policies.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Vecco International

FEBRUARY 4, 2024

If the automated agent is unable to resolve the problem within user-defined policies and constraints, alerts will be triggered for manual intervention. Crucially, Vecco innately supports batch and process manufacturing – key to the food industry. We support collaborative planning and execution both with customers and suppliers.

Beverage 40

Beverage Food Supply Chain Planning Software Manufacturing Procurement 40

ToolsGroup

SEPTEMBER 30, 2019

Between April and July of 2019, we surveyed 200 supply chain professionals across industries as part of our study, titled: Digital Transformation in Supply Chain Planning: On Pace or at Risk? An industry veteran, George has more than 24 years of experience in supply chain and business process management.

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 168

Supply Chain Shaman

MAY 17, 2015

Then it is off to Dallas to speak on Supply Chain Metrics That Matter at the Dallas CSCMP roundtable and complete some more client work. The supply chain is a complex system and these metrics are tightly linked in non-linear relationships. Figures 4A and 4B: Orbit Charts in Pharma and Chemical Industries.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Supply Chain Software 150

BlueYonder

JANUARY 18, 2024

For example, how long it takes to get an item back into stock after being returned is very rarely a considered metric for retailers. By adopting the right technology, retailers will start to have a better view of important metrics like the speed of ecommerce returns and be able to take the right actions to improve them.

Logistics Network Optimization Software 57

Logistics Network Optimization Software How To Supply Chain Software Retail 57

Logility

OCTOBER 12, 2021

A plan for achieving truly sustainable supply chain management — from the capabilities you’ll need, to the policies you should put in place, to the systems that will help you achieve it. . Develop metrics against which supply chain stakeholders can judge their performance. There are many ways this can happen.

Supply Chain Planning Software 130

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

QAD

JULY 7, 2022

Supply chain due diligence is a critical topic for manufacturers and enterprises in all industries, especially given three major impacts of recent high-profile abuse cases, new due diligence laws and consumer buying trends. . The concept of ethical sourcing has risen in popularity during the past four years.” . Let’s break it down.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Procurement Analytics 98

Arena Solutions

FEBRUARY 27, 2024

Companies looking for a more comprehensive industrial transformation toward climate neutrality and long-term viability must include circularity as part of their business model. Integrate this agenda with other plans (like an industrial or digital strategy) and track progress using metrics.

Material Savings 52

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 52

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Industries experienced severe operational and financial consequences with issues like supply shortages, supply and demand surges, inventory shortfalls and reduced productivity. can be measured to define this metric. This metric will require investigation of specific processes and functions in order to uncover underlying issues.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Arena Solutions

OCTOBER 12, 2023

1 This year’s medical device industry is projected to grow from $536.12 However, one crucial caveat to all this growth and opportunity is that—you need to follow industry compliance guidelines and deliver on quality. Christine said, “I have used internal audits as the baseline to improve our overall business metrics.

Quality 89

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 89

SYSPRO Smarter ERP

MARCH 27, 2023

Some industries have started to reduce the number of suppliers in some regions, but many organizations still plan their supply chains around best-case scenarios without creating contingency plans. Revise sourcing policies to focus more on reliable delivery rather than just lower costs.

Manufacturing Procurement 104

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Modeling 104

Resilinc

APRIL 13, 2021

Institutionalizing is when the support of your stakeholders and C-level leaders deepens because they see the SCRM program is achieving its metrics. The key to Institutionalizing your SCRM program is achieving ongoing successes as measured by the metrics agreed to in the Plan—and ensuring that leaders and stakeholders validate these successes.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Strategy 62

Supply Chain Shaman

JUNE 5, 2013

Integration of corporate social responsibility metrics in planning. There is a lack of clarity on what drives value and metrics are functional. Inventory is often focused on as a singular metric, not as part of a complex supply chain system. Functional metric orientation. Cross-functional metrics alignment.

Supply Chain Planning Software 216

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

Supply Chain Matters

FEBRUARY 22, 2024

Background Our Supply Chain Matters blog commentaries reflectiving on retail industry supply chain performance have been focused on the various market, supply chain and customer fulfillment challenges that retailers have been addressing in the pre and post-pandemic period.

Inventory Reduction 52

Inventory Reduction Procurement Analytics Negotiate Pricing Purchasing Skills 52

American Global Logistics

JULY 14, 2023

They encompass a vast ecosystem of industries and sectors that work together to deliver the right products at the right time, place, cost, quantity, and quality. However, there is a need for more precise and comprehensive metrics to understand the full economic impact of supply chains. business logistics amounts to 9.1%

North Carolina 52

North Carolina Supply Chain Software Modeling Procurement Analytics 52

Precoro

MARCH 31, 2023

Thus, prioritizing sustainable procurement has become a critical component of companies' policies; by doing so, organizations promote transparency, fairness, resource efficiency, and ethical practices while enhancing their brand image and competitiveness. Consumers increasingly demand that companies ensure products are not made by children.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52