GlobalTranz

MAY 20, 2015

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. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). The questions that are most often asked are: What metrics should I use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

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

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

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Procurement Procurement involves sourcing and acquiring the materials or products needed for production. Analyze performance metrics and implement improvements to enhance efficiency. Grab yours now!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

QAD

JULY 7, 2022

The concept of ethical sourcing has risen in popularity during the past four years.” . 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. .

Purchasing Skills 97

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Procurement Analytics 97

QAD

MARCH 9, 2023

Automotive and industrial product companies were among the hardest hit. That means looking at the right metrics. These two types of KPIs are complementary and “will empower a practitioner to visualize the profitability impact of a supply chain decision regarding production, distribution and sourcing.” What About Cash?

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 93

SYSPRO Smarter ERP

MARCH 27, 2023

It involves ensuring that critical aspects of the supply chain, such as sourcing of raw materials, manufacturing processes, and distribution channels, are managed in-house or using trusted partners. 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

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

EC Sourcing Group

MAY 17, 2023

Categorizing products and services based on standardized industry codes or customized taxonomies allows organizations to develop a comprehensive understanding of their procurement needs. Streamlining Procurement Processes: Proper spend classification ensures a structured approach to eSourcing activities. Want to learn more?

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Negotiate Pricing Sourcing Strategies 52

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

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

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

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

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

Supply Chain Shaman

JUNE 5, 2013

Integration of corporate social responsibility metrics in planning. Comprehensive view of source, make and deliver. Most often the focus is on transportation or logistics, but does not take into consideration the trade-offs between make, source and deliver. Focus is on make, source and deliver together. Manufacturing.

Supply Chain Planning Software 222

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 222

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

Arena Solutions

MAY 2, 2023

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 75

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 75

Logility

DECEMBER 2, 2020

There is increasing evidence that in addition to a positive reputation, brands that follow and claim eco-friendly policies can charge more for their products. Source: Nielsen Product Insider, 10/20/2018. Source: Nielsen Product Insider, 10/20/2018. So how does one build one?

Supply Chain Planning Software 133

Supply Chain Planning Software Sourcing Strategies Supply Chain Planning Scenario Planning 133

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

ToolsGroup

APRIL 27, 2022

Image source: APA. For example, as of March 2022, 81% of Americans say the supply chain is a significant source of stress. Image source. Image source: APA. The following experts share eight sources of stress at work. And plenty of us are feeling that stress at work. In…and out…there you go!)

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

Precoro

NOVEMBER 13, 2023

Financial efficiency, cost savings, and profitability undoubtedly fall under the main priorities of upper management, regardless of a company’s industry. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

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 87

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 87

Logistics Viewpoints

DECEMBER 1, 2022

Source: Descartes Datamyne. 3) Immigration policy preventing potential workers from entering the country to fill open jobs like driving. As Executive Vice President, Solutions and Services, Chris Jones is primarily responsible for Descartes industry consulting and implementation services for Descartes’ solutions. Let me know.

Predictive Analytics Software 198

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 198

Supply Chain Shaman

MAY 7, 2015

I find that the path to building an end-to-end value network usually goes through five distinct phases: improving transactional efficiency, data sharing, formulation of policy, building relationships and engaging in joint value creation. When source, make and deliver report to the same organization, progress is quicker.

Sourcing Strategies 150

Sourcing Strategies Resource Reduction Optimal Sourcing Cost Reduction Strategies 150

Supply Chain Shaman

MAY 21, 2013

Here are some of the quotes from the workshop I led yesterday that helped me to better understand the industry: “A process born out of chaos is chaos. The most common reporting relationship in the supplier organization is to a leader of supply (focus on logistics, distribution, materials sourcing and customer service).

Modeling 239

Modeling Modeling Software Pharmaceutical Procurement Analytics 239

Supply Chain Shaman

FEBRUARY 27, 2020

As you read the financial analyst’s views of the industry summon your inner dragon: Clearly, the whole space has moved along very rapidly in recent years. The company had the major market share in the industry, but the problem was that the average age of their buyer was 55-year old men. Open Source analytics. Clean Data.

Analytics Software 243

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 243

SCMDOJO

APRIL 9, 2024

The Industrial Revolution gave rise to large-scale production and transportation efficiency, which led to the modern logistics landscape that we know today. With the rise of electric vehicles and renewable sources of energy, we may be facing a world with significantly reduced fuel emissions, which will benefit future generations.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

Enterra Insights

SEPTEMBER 16, 2019

Consumers, activists, and investors increasingly want to know the products they buy are sourced sustainably and ethically. Transparency, on the other hand, involves moral and ethical dimensions of activities associated with sourcing and manufacturing. sources of raw materials. performance-based metrics. direct suppliers.

Supply Chain Design Software 174

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 174

SupplyShift

JUNE 17, 2021

This helped the company focus its sustainability strategies on key international ESG issues, as well as to target metrics that investors and consumers now track. Although primarily designed for investors, the tool gives companies an overview of financially material ESG metrics for their industry. Ask for help.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

SupplyShift

JUNE 17, 2021

This helped the company focus its sustainability strategies on key international ESG issues, as well as to target metrics that investors and consumers now track. Although primarily designed for investors, the tool gives companies an overview of financially material ESG metrics for their industry. Source: sasb.org.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

EcoVadis

OCTOBER 12, 2018

Specifically, SDG five calls for gender equality and empowerment of all women and girls and should be a critical consideration for the global supply chain industry as there’s tremendous opportunity to make an impact. Increase transparency with better metrics and reporting. Prioritize robust policies and programs.

Supply Chain Design Software 64

Supply Chain Design Software Sustainability Supply Chain Design Supply Chain Software 64

Supply Chain Game Changer

AUGUST 13, 2020

Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis. Many trusted sources accredit global GDP growth during the last 15–20 years, widely to the spread of globalization. This policy is an example of internationalization” (Lionbridge 2020).

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121

Supply Chain Shaman

JUNE 6, 2013

In the cereal industry, General Mills and Kellogg are fierce competitors. Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. It combines decisions across sell, deliver, make and source processes to drive value based outcomes. Metrics Alignment. They lack cohesion.

Supply Chain Planning Software 283

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 283

Enterra Insights

SEPTEMBER 17, 2019

Author Michael Blanding ( @michaelblanding ) reports on the work of two researchers, Mercedes Delgado, professor at Copenhagen Business School, and Karen Mills, a Harvard Business School Senior Fellow, and how they unearthed a source of better jobs hidden in plain sight. ” Smart Industry , 22 April 2019. ” Footnotes. [1]

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Strategy 100

Exiger Perspectives

APRIL 3, 2023

This called on stakeholders across industries, academia, the nonprofit community, labor, and state and local government to reinvent the country’s supply chains as resilient, diverse and secure engines of economic prosperity and national security. All of this points to a need for a stronger supply chain risk management program.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

Supply Chain Shaman

APRIL 27, 2016

The evolution is very industry-specific. There are more viable options for industrial value chains than customer-centric value chains. With cloud-based analytics, non-relational database open source code sharing and advancements in predictive, prescriptive and cognitive analytics, what is old, can become new again.

Supply Chain Network Software 150

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