QAD

OCTOBER 18, 2022

Am I contributing to society by buying an environmentally sourced and produced product to have a greener planet? Governments and industries are joining this trend by creating new laws and regulations to ensure that businesses are respecting human rights, supporting diversity and respecting the planet. Do you want to see more?

Gartner 98

Gartner Optimal Sourcing Alabama Metrics 98

Supply Chain Shaman

MARCH 5, 2019

The industry is moving down a path of “groupthink.”. While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. Make sure that the data is harmonized to ensure all data has the same time reference. Call volume is brisk. What Is Groupthink? Visibility.

Supply Chain Design Software 297

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 297

Logistics Viewpoints

MARCH 27, 2023

When companies talk about improving their forecasting, they are most often referring to demand forecasting. In consumer goods industries, better forecasting leads to lower fines from retailers for late or incomplete deliveries. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. Pierre-Francois Thaler, co-founder and co-CEO, explains the company’s business model and why it’s important to get rated.

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

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 View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Supply Chain Opz

JANUARY 3, 2022

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute sourcing strategies like the world's leading companies. Cons: It focuses heavily on sourcing or purchasing which is one function under integrated logistics management.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Supply Chain Shaman

FEBRUARY 14, 2022

Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) 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. Days of Inventory by Industry Sector Across Time Periods.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Arena Solutions

APRIL 4, 2023

The engineering/manufacturing sector has a captivating attraction as a lucrative field for starting a career, thanks to technological developments and the exciting possibilities of working in industries like medical devices, electric vehicles (EV), aerospace and defense, consumer electronics, and biotechnology on cutting-edge products.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

QAD

FEBRUARY 7, 2023

Not to be confused with supplier risk management, supplier relationship management refers more to effectively managing supplier relationships to achieve better business outcomes. These can be unique to your business or industry, but factors like quantity, quality, location, and price are commonly used.

Price Reduction 97

Price Reduction Material Savings Vendor Strategies Inventory Reduction 97

Logility

MARCH 16, 2021

Join industry leaders Lora Cecere, founder, Supply Chain Insights, and Mac McGary, executive vice president, Logility, as they explore how to build a more resilient supply chain to quickly respond to shifts in today’s dynamic market. ATLANTA – March 16, 2021 – Logility, Inc., These factors include, but are not limited to, continuing U.S.

Supply Chain Planning Software 130

Supply Chain Planning Software Analytics Software Demand Planning Software Optimization Software 130

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

New Horizon Supply Chain Blog

OCTOBER 21, 2022

The Association for Supply Chain Management (ASCM, formerly APICS) just announced a major update to their Supply Chain Operations Reference (SCOR) model, in what they’re calling “the most significant update since the inception of SCOR in 1996.” The new interactive model is available on their site here.

Modeling Software 52

Modeling Software Modeling Sourcing Strategies Gartner 52

Precoro

JULY 16, 2023

These goals can be expressed as key performance indicators (KPIs) – relevant functional metrics that can be tracked regularly to make sure that the business makes purchases in an efficient way. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Enterra Insights

SEPTEMBER 16, 2019

Consumers, activists, and investors increasingly want to know the products they buy are sourced sustainably and ethically. While both phrases are used to reference many of the same things, there are differences in their connotations in both the eyes of customers and logistics partners.”[3]. ”[3]. ” Still confused?

Supply Chain Design Software 174

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

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Types of Ocean Freight Contract POSSIBLE TOOLS FOR BENCHMARKING RATES Like in any industry, we gather market Intelligence through our own network. This network could be customers, other shippers and also carriers, and 3PLs. The list is resources an enterprise can avail itself of is ever-growing and evolving.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Logility

JANUARY 14, 2021

Logility scored significantly higher than its peers’ average in areas such as low total cost of ownership (TCO), user experience, high availability, industry specialization, out-of-the-box availability, and availability of training. ATLANTA – January 14, 2020 – Logility, Inc., These factors include, but are not limited to, continuing U.S.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimization Software Analytics Software Demand Planning Software 130

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

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. SCMDOJO’s courses are all available online, taught by leading industry Experts with years of professional experience on their roster.

Purchasing Training 79

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 79

ThroughPut

MAY 25, 2021

How To Leverage The Benefits Of S&OP For The Food And Beverage Industry? Supply chain-focused organizations like the food and beverages industry can turn the tide with an efficient S&OP process and improve their overall business performance. How different is S&OP in the volatile world of the food and beverage industry?

S&OP 52

S&OP Supply and Demand Beverage Supply Chain Planning Software 52

ThroughPut

MAY 25, 2021

Supply chain-focused organizations like the food and beverages industry can turn the tide with an efficient S&OP process and improve their overall business performance. . How different is S&OP in the volatile world of the food and beverage industry? The food and beverage (F&B) industry is however a different game.

S&OP 52

S&OP Supply and Demand Beverage Supply Chain Planning Software 52

Supply Chain Opz

NOVEMBER 12, 2016

Supply Chain Management Book Ranking In publishing industry, Nielsen BookScan is the most widely used database for a book ranking method. In supply chain management area, most industry publications create the ranking based on the input from readers then editorial team makes a final decision which is a bit subjective.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Gartner Supply Chain Strategy 271

NC State SCRC

NOVEMBER 2, 2023

” Howard worked in a number of industries in the next few years: in defense for Sikorsky, air conditioning (Carrier) at United Technologies where he learned how to combine spending across multiple companies and leverage that spend, hospitality at Intercontinental, and IT procurement at Citrix. I’ve never seen a culture like that!

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Unleashed

AUGUST 20, 2023

In manufacturing, for example, lead time refers to the amount of time it takes for a product to move through the entire production process , from when the initial order or request was made to the final delivery. 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

Precoro

MARCH 31, 2023

For example, Unilever, a consumer goods company, has a responsible sourcing policy that includes human rights due diligence and requires suppliers to adhere to its human rights principles. Boycott of child labor: The use of child labor is a major human rights issue in industries such as textiles, agriculture, and mining.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Supply Chain Opz

JANUARY 29, 2020

In the publishing industry, Nielsen BookScan is the most widely used database for a book ranking method. Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. References - Moed, H. About 1,000 search results are displayed. - & Tang, C.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 100

Supply Chain Shaman

JANUARY 30, 2019

“Where would the supply chain technology industry be without all of the bulls#&t?” Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. “There is no industry standard definition for a control tower.

Supply Chain Planning Software 169

Supply Chain Planning Software Modeling Software Analytics Software Demand Planning Software 169

Logility

MAY 7, 2020

Companies across all industries and sizes struggle to make sense of and value from the available mountains of data. Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. References. Organizations are simply overwhelmed.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

SupplyShift

FEBRUARY 1, 2020

Broadly speaking, standardization refers to the process of building consensus among partners to develop a uniform system through which all components of a product or process will be developed or measured. When industry partners apply existing standards, everyone becomes fluent in the common language of process and evaluation.

Supply Chain Planning Software 52

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

Supply Chain Shaman

MARCH 20, 2016

Cloud and open source analytics are fueling new markets giving rise of new software providers in analytics with names like Board, Cloudera, EveryAngle, Enterra Solutions, FusionOps, Halo, Qlik, Spotfire, Transvoyant, Trifecta, and Trufa. There is a great need for improved supply chain analytics. New solutions offer great promise.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Analytics Software Analytics Supply Chain Planning Software 150

GlobalTranz

NOVEMBER 19, 2018

Let’s Get into the Specifics Think about this: 79 percent of companies with high-performing supply chains (these are often referred to as Supply Chain Leaders (SCLs)), have revenue growth that is significantly above their industry average, according to this report by Deloitte. The same could be said about natural disasters.

Supply Chain Risk Management 189

Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 189

OptiProERP

MAY 18, 2023

Procurement is acquiring goods, services, or works from an external source. It involves sourcing, negotiation, ordering, delivery, and payment for goods or services. Below are the procurement types: Direct procurement refers to acquiring goods, services, or works directly related to producing a company’s products or services.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Procurement Solutions 52

American Global Logistics

SEPTEMBER 12, 2023

Supply chain management plays a crucial role in the success of businesses across industries. Overview of Supply Chain Management Supply chain management encompasses the planning, sourcing, manufacturing, and delivery of products or services. Innovation occurs in re-engineering models of reuse, recycling, and re-manufacturing materials.

Sourcing Strategies 52

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

Supply Chain Shaman

JANUARY 30, 2019

“Where would the supply chain technology industry be without all of the bulls#&t?” Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. “There is no industry standard definition for a control tower.

Supply Chain Planning Software 155

Supply Chain Planning Software Modeling Software Modeling Analytics Software 155

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 raises the question…. Is COVID19 the death of Global Supply Chains?

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 281

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 281

Stord

MAY 15, 2024

Although not often talked about outside logistics circles, dwell time, and actually your Past Dwell Time Frequency is a critical metric that can significantly impact your performance – and how it's perceived. The Dwell Time Dilemma “If you’re not measuring it, you’re not managing it.” But it’s not that simple.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Sourcing Strategies Logistics Supply Chain Design Software 78