SCMDOJO

APRIL 11, 2023

With the ever-evolving business landscape, staying current on the latest industry trends and best practices is crucial for your success. It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. The course is designed to be interactive, engaging, and easy to follow.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. The gap between logistics and procurement; and logistics and customer service increases process latency. A stuffed warehouse is inefficient, and most companies have the wrong inventories.). Closed Loop.

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

ShipBob

SEPTEMBER 24, 2021

Fast fulfillment starts with proper warehouse management , which determines how efficiently you receive, track, and store inventory in a way that gets customers orders out the door faster. But how do you know if a warehouse is performing well? In this article, learn how to track warehouse performance by monitoring the right KPIs.

Optimal Sourcing 52

Optimal Sourcing Warehousing Inventory Reduction Inventory Management Software 52

SCMDOJO

JUNE 6, 2023

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. One such tool is the Logistics KPI Dashboard Excel Template, which provides data on key metrics and helps identify areas for improvement.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 89

Supply Chain Matters

JULY 7, 2023

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

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. The CMA CGM Group aims to achieve carbon neutrality by 2050.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Logility

AUGUST 25, 2020

Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. While Key Performance Indicators (KPIs) may be reviewed quarterly or monthly, the speed with which supply chain operations occur makes a daily view of more tactical and operational metrics a growing necessity.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Generative AI can help industries solve challenges and improve operational efficiency.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

ModusLink Corporation

SEPTEMBER 7, 2023

Inventory Management Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

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

Supply Chain Shaman

FEBRUARY 14, 2022

Industries carried on average 32 days more inventory in 2020 than in 2007. (I Organizations can align to drive value despite the allegiance to functional metrics. The industry considers the company a leader, but I know the dark side that internally, the IT processes squash innovation. I give you this evidence in this blog.).

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

SYSPRO Smarter ERP

AUGUST 2, 2023

As members of one of the most highly regulated industries in the world, medical device manufacturers face numerous challenges. Challenge Three: Nurture procurement and supplier relationships ERP analytics ensures adherence to ethical standards and compliance with industry regulations, fostering transparency and accountability.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Veridian Solutions

NOVEMBER 11, 2019

As explained by Supply Chain 24/7 , digitalization of the logistics industry, including warehousing, continues to drive the market. So, warehouse leaders must consider two sides of the first touchpoint—the stage of picking the item and the actual inbound logistics of how it arrived in the warehouse or distribution center.

Warehousing 45

Warehousing Supply Chain Planning Software Vendor Strategies Optimal Sourcing 45

crisp

DECEMBER 15, 2021

The pace of change is increasing exponentially, and there are innovations and learnings being shared across the industry every day. A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. What are the stock levels at the warehouse (before the product gets to the store)?

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

The Logistics of Logistics

NOVEMBER 5, 2021

The road hasn’t been easy for the transportation and logistics industries. While these massive industries deal with overcoming hurdles and immense pressure they are forging ahead and continuing to grow. In light of the global environment in the past year and a half, we listed the top transportation & logistics influencers.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Transportation Supply Chain Design Software Supply Chain Planning Software 147

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. By leveraging their capabilities, businesses can reduce transportation costs, optimize inventory levels, and minimize warehousing expenses.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). . We are discussing them.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Unleashed

OCTOBER 6, 2021

Using this strategy improves efficiencies in product delivery, frees up capital and reduces warehousing costs. It can also be used to configure warehousing to ensure the most effective storage of the three types of goods. KPIs can consider factors like turnover, costs, relationships with suppliers, and other metrics.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Shaman

JULY 30, 2022

” (The use of the term “basics” is usually code for the implementation of Enterprise Resource Planning (ERP) to improve order-to-cash and procure-to-pay.). In each industry sector, companies face unprecedented variability. The problem is that warehouses are full. Market Shifts by Industry Sector.

Supply Chain Design Software 195

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

ShipBob

OCTOBER 4, 2023

However, good inventory management also requires strategic inventory reduction instead of simply procuring more goods. This inventory management strategy involves getting rid of excess inventory to free up warehouse space and make room for more in-demand SKUs. However, it isn’t just simply removing excess stock across the board.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Expense Reduction 52

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

BlueYonder

FEBRUARY 17, 2022

Focus on warehouse automation has come full circle since the last big automation movement of the ‘90s, but today with a significantly better set of tools and technological improvements enabling more robust digital transformation and warehouse automation. Brief highlights of logistics investments over the last three decades.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

GlobalTranz

DECEMBER 27, 2017

We want to make sure that supply chain practitioners, as well as manufacturers, understand how all of these technologies are affecting the entire supply chain, including the supply chain & procurement side of a manufacturing operation. 5 Tips for Warehouse and Distribution Center Management Success You MUST Instill Today.

Supply Chain Software 151

Supply Chain Software Optimal Sourcing Supply Chain Optimization Supply Chain Strategy 151

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

Logistics Viewpoints

JUNE 1, 2023

Recessionary environments cause disruptions in the manufacturing industry around the globe, leading to long lead times, shortages, rising prices, and complications in transportation lines. Another area where AI can help retailers increase profitability and reduce their environmental impact is reducing waste in the grocery industry.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Supply Chain Matters

MAY 23, 2022

Also reported was less change in Inventory and Warehousing metrics as costs continue to grow and capacity remains tight. Noted was that the category of Warehousing Utilization grew at rate of 70.9, Warehouse inventory levels are noted as remaining quite high. warehouses. . s major retailers. All rights reserved.

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

Logistics Viewpoints

DECEMBER 14, 2021

With the pandemic, consumer loyalty started bleeding in almost every industry. They can optimize courier and order matching, increase visibility, and track important metrics such as order lead time, OTIF, courier performance, and customer satisfaction. Some industries suffered while it also allowed other ones to boom.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

Supply Chain Shaman

OCTOBER 8, 2019

The design of the conference includes tours of several modern warehouses and centers of excellence. The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

ShipBob

APRIL 26, 2023

This was followed shortly by the Great Resignation, with resignation rates in the manufacturing industry almost hitting 60% in late 2021. Lockdowns and labor shortages undoubtedly led to supply chain bottlenecks as many warehouses had to be shut down, resulting in fulfillment and distribution processes being upended.

Supply Chain Planning Software 52

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

SCMDOJO

MARCH 8, 2024

In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries. By working closely with suppliers to shorten lead times, businesses can minimize the time inventory sits idle in warehouses. Optimize the process where required based on feedback and performance.

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

ShipBob

DECEMBER 13, 2023

Optimized storage space: Prevents overstocking, maximizing warehouse utilization. These metrics provide valuable insights into how well your inventory is managed. Holding costs Holding costs are the expenses related to storing unsold inventory, including warehousing, insurance, and depreciation.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Supply Chain Matters

JUNE 7, 2023

The May report narrative reinforced that “ the negatives seem to outweigh the positives in the logistics industry.” logistics industry continues in a state of recession. not only described as a “ significant rate of contraction ,” but also the first time that this particular metric has reached such a low level. The post U.S.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

GlobalTranz

DECEMBER 29, 2014

Some logistics involves transportation or warehouses or both. It is evident, the two most popular themes around logistics in 2014 based on these page views have to deal with Reverse Logistics , e-commerce , and information around the warehouse. We thank all of our readers who have read our posts. Read the full Post. Read the full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

GlobalTranz

FEBRUARY 6, 2017

In other words, robots will gain new movements, capable of picking items from shelves in warehouses and storefronts. Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120