Supply Chain Shaman

JULY 25, 2021

I find the industry complicit. To make the point, let me share an orbit chart for four industries (reference Figure 1). While some might claim that the industry made progress, the facts show that the industry margin decreased precipitously in three of the four industries shown. How could the industry spend 1.7%

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Shaman

JANUARY 2, 2024

We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. But lowering the costs in operations does not translate to margin, and with the volatility in the markets as shown in the industry patterns below, can we afford to only rely on enterprise data?

Gartner 275

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 275

QAD

JULY 1, 2021

An Enterprise Resource Planning system is software that can help you manage all of the core supply chain, manufacturing, services, financial and other processes related to your organization. Put simply, ERP software allows you to reduce the use of unnecessary resources without sacrificing quality.

Manufacturing Procurement 89

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 89

ThroughPut

MARCH 27, 2024

Benefits of AI in the Retail Industry Enhancing Accuracy in Demand Forecasting Forecasting demand has never been this accurate before. Anticipating Bottlenecks and Finding Alternative Routes AI works with real-time data and offers visibility into various metrics that can disrupt the supply chain.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

SCMDOJO

APRIL 27, 2022

Managing the flow of goods within the apparel industry requires an extensive and well-established supply chain network. Since this particular industry is insanely fast-paced, any problem within the supply chain can lead to a loss of sales for the business. The management of resources in the hands of a business is no small deal.

Apparel 114

Apparel Supply Chain Design Software Supply Chain Design Supply Chain Optimization 114

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. Cycle Times.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

ToolsGroup

JANUARY 15, 2024

Solutions in the Demand Planning category must produce reliable forecasts by extracting key insights from metrics like inventory trackers, converting raw data into actionable forecasts, supporting automation, and leveraging predictive analysis. Additional Resources: See ToolsGroup’s G2 reviews HERE.

ToolsGroup 177

ToolsGroup Supply Chain Planning Software Supply Chain Software Supply and Demand 177

Unleashed

OCTOBER 31, 2023

Effective implementation of workforce optimisation strategies ensures you have the valuable workforce resources you need for the growth of your manufacturing operations. Greater compliance lifts your reputation within your industry, and amongst your customers, and it improves your standing with compliance monitors.

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Talking Logistics

SEPTEMBER 12, 2017

The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. As a leader, you need many tools to eliminate this mindset.

Metrics 106

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 106

GlobalTranz

FEBRUARY 9, 2017

Current industrial manufacturing trends show the new administration is pushing for reshoring among the nation’s biggest manufacturers, and new technologies are revolutionizing how companies respond to growing skepticism and scrutiny by the public and government oversight as well. The "First Five" Industrial Manufacturing Trends of 2017.

Supply Chain Planning Software 120

Supply Chain Planning Software Demand Planning Software Trends Logistics Network Optimization Software 120

Supply Chain Shaman

FEBRUARY 26, 2024

Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. In today’s training class, we focused on determining the balanced scorecard. Is it more of a steak market?

Modeling 206

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 206

synchrono

AUGUST 22, 2016

While digital content and automated technologies gave birth to the modern marketer, a more real-time, digitally connected enterprise is driving modern manufacturing strategies like the Factory of the Future, Smart Manufacturing and Industry 4.0 – all of which are grounded in Demand-Driven Manufacturing methods. This got me thinking.

Metrics 40

Metrics Demand Planning Software Modeling Software Analytics Software 40

QAD

AUGUST 31, 2023

Key resources are always busy so you must protect the time they spend on a project to ensure that they are available where and when needed. At the heart of a QAD project are the Effective On Boarding (EOB) best practice processes, which have been pre-defined and meet industry compliance requirements.

Resource Reduction 97

Resource Reduction Waste Reduction Material Savings Cost Reduction Strategies 97

DELMIA Quintiq

MARCH 29, 2023

Going back 14 years ago, the logistics industry dramatically reduced capital expenditure in 2008 when the great recession hit. In fact, the outperforming logistics vendors today (based on profitability and revenue growth metrics) are the ones that were extra cautious on capital expenditure in the years following the recession.

Logistics Network Optimization Software 156

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Demand Planning Software 156

Logistics Viewpoints

MARCH 25, 2024

This in turn rests on developing solutions far more industry-focused than their competitors. billion for 2024, is the third largest supplier of enterprise resource planning software applications. Infor’s Approach to Industry-Specific Solutions The ERP market is making the transition to the Cloud. Infor does as well.

Vendor Strategies 225

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 225

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

To ensure successful integration, they should create a plan with timelines, resources, and evaluation metrics (refer Figure 2). The use of generative AI in the logistics and supply chain industry has the potential to serve as a gateway technology, catalyzing the broader adoption of AI across the entire supply chain ecosystem.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

ToolsGroup

AUGUST 3, 2022

These strategic executive hires support rapid company growth, better collaboration, goal clarity, and ongoing improvement in key business metrics while keeping ToolsGroup’s expanding team agile and highly coordinated: Jon Purdy is the new Chief Financial Officer. Joseph Luciano is the new Chief People Officer.

ToolsGroup 156

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Software 156

TransAudit

DECEMBER 13, 2023

By embracing a circular supply chain, industry leaders can help: Eliminate waste and pollution Circulate products and materials at their highest value Regenerate nature As organizations continue to optimize supply chains , this process can provide significant benefits. This creates significant waste.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

Supply Chain Shaman

FEBRUARY 17, 2014

A resource with economic value that an individual, corporation or country owns or controls with the expectation that it will provide future benefit. While all leaders can agree that they want more assets and less trash, there is confusion about the best metric. The more work that I do on metrics, the more I become a fan of ROIC.

Metrics 236

Metrics Food Demand Planning Software Supply and Demand 236

Enterra Insights

MARCH 1, 2019

Industry 4.0 is the popular name given to the fourth industrial revolution ushered in by the digital age. They write, “Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s.”[1] ” Some pundits believe Industry 4.0

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Analytics Software 100

Supply Chain Game Changer

JANUARY 14, 2022

This reduces the need for round-the-clock hiring and getting more resources as customers increase. Human Resources departments can really streamline their recruitment procedures if they incorporate AI in various ways. As a company grows, you have to put in considerable time and effort to get the best resources possible.

Resource Reduction 95

Resource Reduction Supply Chain Software Cost Reduction Strategies Resources 95

ivalua

JUNE 14, 2023

It is important to support this workstream through a team of key individuals: Sponsor: A high-level executive who champions the procurement application implementation, the sponsor provides critical support, resources, and influence. Download Today!

Optimal Sourcing 239

Optimal Sourcing Sourcing Strategies Procurement Resource Reduction 239

GlobalTranz

SEPTEMBER 23, 2021

Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . High freight volumes across all industries in the trucking market are expected to continue into 2022.? Legislation may also affect change in the industry.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Silvon Software

JUNE 1, 2023

Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. At times, finding the right metrics can feel incredibly challenging, and there might be a tendency to measure things for the sake of measurement. These metrics should align with your organization’s objectives and priorities.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

Supply Chain Game Changer

MAY 19, 2021

Creative marketing in the cryptocurrency industry article and permission to publish here provided by Judy Smith. It is no different in the crypto industry, where thousands of projects are created every day in a thriving and competitive environment. The crypto industry provides a unique opportunity to innovate using creative marketing.

Industrial 62

Industrial Industry Supply Chain Design Software Resource Reduction 62

Stord

APRIL 24, 2024

Josh Monski, Solutions Architect, OMS & WMS Reporting With Ease I think AI will impact reporting and analytics in every industry. Specific industries measure specific KPIs, and AI is an easy way to pull data in and get real, usable and actionable metrics back.

Supply Chain Planning Software 88

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Predictive Analytics Software 88

GlobalTranz

OCTOBER 6, 2021

With demand for drivers often exceeding availability, shippers find themselves forced to pay more to secure capacity and drivers across many industries. Focusing on the transportation metrics that have the greatest impact on the supply chain can help managers stay attentive to both short-term and long-term goals and needs. .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

Supply Chain Shaman

MAY 1, 2023

This includes digital supply chain transformation and Enterprise Resource Planning (ERP) upgrades. Increasing Need for Strategy Clarity The evolution of GPT and AI crazes the industry. Educate on the importance of designing flows and aligning metrics. Move from functional metrics to a balanced scorecard.

Inventory Reduction 241

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 241

The Logistics of Logistics

JULY 19, 2023

Industries included manufacturers, retailers, automotive, food & beverage, CPG and healthcare shippers. Coyote’s centralized marketplace helps shippers consolidate a fragmented North American market by connecting them to diverse capacity and resources. Businesses ranged in size from $250M to over $5B in annual revenue.

3PL 141

3PL Trends Third Party Logistics Milwaukee 141

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

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

Precoro

JULY 16, 2023

Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost. The purchasing department plays a critical role in the success of an organization.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

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

OptiProERP

APRIL 17, 2022

In this blog, you will learn how a Manufacturing Execution System (MES), also known as a Shop Floor Execution System (SFES), embedded in an ERP (Enterprise Resource Planning) system transformed an industrial machinery manufacturer’s shop floor to help grow their business. Better Decision Making with Real-Time Insight.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Manufacturing Demand Planning Software 52

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. though,” said Darryl Matthews, the company’s senior vice president of natural resources. Indigo AG is another marketplace.

Resource Reduction 215

Resource Reduction Beverage Food Industrial 215

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

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