Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

GlobalTranz

JUNE 14, 2017

The answer lies using these omnichannel supply chain metrics to carefully track and improve operations continuously. This is a simple key performance indicator (KPI), another name for metrics, to track. If vendors fall behind on this metric, you may need to re-evaluate your partnerships or expand your list of approved vendors.

Procurement Analytics 191

Procurement Analytics Omnichannel Metrics Supply Chain Design Software 191

SupplyPike

APRIL 7, 2020

We’ve discussed the basics of OTIF and the fundamentals of OTIF before, but we thought we’d drill down deeper into the individual metrics. First, we’ll start by reviewing the basic goals of OTIF, and then we’ll dive into each metric and the compliance issues of each metric. For more information, check with your buyer.

Metrics 79

Metrics DC Supply Chain Design Software Shipping 79

GlobalTranz

MAY 12, 2016

Furthermore, some data may be of minimal use without comparison to and identification of trends and collaborations between data from other transactions within a given warehouse or transportation system. Businesses are often left with questions about the origination of such data. Download the KPIs E-Book by Filling out the Form Below!

Metrics 120

Metrics Logistics Network Optimization Software Supply Chain Optimization Supply Chain Strategy 120

Talking Logistics

APRIL 7, 2016

One of my supply chain and logistics predictions for this year was that the transportation management system (TMS) market will become more barbell-shaped ( mirroring what is happening in the third-party logistics industry ). We’re seeing the TMS market move in two opposite directions,” I wrote back in December.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Optimization Software Transportation Management 100

GlobalTranz

JULY 20, 2015

With the purpose of optimizing supply chain efficiency and asset recovery rates, applying a reverse logistics system has increasingly become a tool that positively impacts profitability as well as assisting an organization in meeting sustainability goals. BONUS: Download the Ultimate Guide to Transportation Reverse Logistics White Paper.

Reverse Logistics 120

Reverse Logistics Supply Chain Planning Software Supply Chain Network Software Optimization Software 120

ToolsGroup

JUNE 2, 2023

The Challenge: Siloed Inventory Data and Lack of Visibility One of the primary obstacles in inventory management is the prevalence of siloed data across multiple execution systems. The larger the company, the greater the danger of duplicative, conflicting, or siloed systems. But that information has not been properly communicated.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

GlobalTranz

NOVEMBER 16, 2018

While ERP systems provide excellent tools to manage accounting, human resources, customer relationships and more, they considerably lack the tools needed to properly manage transportation. But more often than not, businesses focused heavily on the supply chain aren’t getting all the promised benefits of this software.

Supply Chain Planning Software 164

Supply Chain Planning Software Forecasting Software Optimization Software Supply Chain Software 164

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. A pull system is better than a push system. Transportation is measured just as a cost rather than what it does for the rest of the organization. Other areas to consider measuring as it relates to transportation: Managing inventory.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

ShipBob

JANUARY 6, 2023

That’s where transportation management systems, or TMS, comes in. In this post, we’ll take a closer look at what a transportation management system is, why it’s important, and how you can choose a provider. What is a transportation management system (TMS)? Forecast and plan transportation needs.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

Unleashed

MARCH 9, 2021

For example, industries like transportation and logistics, technology or consumer goods will focus more on supplier collaboration. That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play. Procurement metrics and KPIs allow organisations to measure results and guide best practice performance.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Logistics Viewpoints

APRIL 21, 2021

What is the Perfect Delivery Metric? Improving on this metric will always involve a focus on people and processes, but often also includes implementing new, more robust, supply chain applications. The wrong metrics drive suboptimal behaviors and metrics can often be manipulated.

Sourcing Strategies 234

Sourcing Strategies How To Supply Chain Design Software Supply Chain Planning Software 234

GlobalTranz

JUNE 18, 2015

Needs for efficient reverse logistics systems continue to increase as e-commerce claims greater market share, and as so many traditionally functioning businesses grow and inevitably incur increasing volume of returns. meaningful and accurate performance metrics. meaningful and accurate performance metrics. business are huge.

Reverse Logistics 120

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

GlobalTranz

JUNE 1, 2018

Legacy systems traditionally used for warehouse management are inefficient in the modern era; even systems in the 5- to 10-year age range. Warehouse managers can work to gain executive-level support by making the right business case for a modern warehouse management system. Download white paper.

Supply Chain Design Software 184

Supply Chain Design Software Supply Chain Planning Software Optimization Software Forecasting Software 184

QAD

JULY 1, 2021

If you know your inventory value, you can calculate your company’s sales margins and use that information to identify where you could trim unnecessary expenses. How Can an ERP System Help Organizations Manage their Total Manufacturing Costs? Improving communication between departments and comparing metrics across them.

Manufacturing Procurement 89

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 89

GlobalTranz

APRIL 14, 2017

Transportation management systems ( TMSs ) are not a new concept, but where they are hosted now, in the cloud, is still new to the shipping industry. The basic benefit and reason for the cloud-based deployment of a TMS lies in storing information in a central location. This includes physical and digital storage requirements.

Analytics Software 122

Analytics Software Forecasting Software Predictive Analytics Software Vendor Strategies 122

Talking Logistics

OCTOBER 12, 2014

Building a strong transportation management foundation is a critical pre-requisite for companies to execute their supply chain strategies and achieve their growth and financial objectives. Watch as Chris discusses: The components of an effective transportation management strategy. Live Episode: Tuesday, October 21, 2014 at 12:00 ET.

Transportation Management 185

Transportation Management Transportation Supply Chain Strategy Education 185

Supply Chain Shaman

SEPTEMBER 22, 2022

More frequent running of the optimization engines injects noise into the complex, non-linear supply chain system. A planning master data layer informs these learning engines and continuously learns by mining insights from multiple inputs while mapping to multiple outputs. Redesign of Transportation Planning to Deliver a Feasible Plan.

Supply Chain Planning Software 405

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 405

GlobalTranz

DECEMBER 30, 2014

We trudge on with our top posts from our main blog categories by page view for all of 2014 from the Cerasis blog by featuring another area Cerasis is an expert in: Transportation. These tips include how you yourself can better manage your transportation department and maximize resources. Read the Full Blog Post.

Expense Reduction 232

Expense Reduction Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 232

Logility

JANUARY 26, 2017

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). requires a different set of metrics.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Locus

OCTOBER 6, 2023

In our constantly evolving logistics landscape, the importance of an efficient Carrier Management System cannot be emphasized enough. At the heart of successful supply chain management lies the ability not just to find a transporter, but to identify the most suitable one for each unique requirement from a vast ocean of available options.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Software System 52

3rdwave

NOVEMBER 8, 2018

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. Massive shifts in supply chains are underway because of trade turmoil increasing the complexity in global supply chain management and related transportation management.

Supply Chain Design Software 79

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 79

Logistics Viewpoints

JUNE 19, 2023

The Warehouse Management System The core system used to manage a warehouse is the warehouse management system (WMS). Automatic identification (AutoID) solutions – like scan guns or Voice Systems – is what allows a WMS to ensure the right product is picked from the right location. A true WMS is a real-time system.

Supply Chain Design Software 237

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 237

Logistics Viewpoints

OCTOBER 26, 2023

As an engineer, former solutions architect and now CEO of a leading supply chain technology company, I have a real affinity and respect for Chief Information Officers (CIOs) and their teams, without whom successful enterprise technology deployments would be impossible. What does that look like? Let’s go back to OTIF. That covers “on-time.”

Supply Chain Planning Software 200

Supply Chain Planning Software Real-time Visibility Supply Chain Design Software Supply Chain Planning 200

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. During the pandemic, conventional planning systems were inadequate. Over 85% of companies turned their systems off, turning to spreadsheets and ad hoc manual analysis. Despite spending 1.1%

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

Supply Chain Shaman

JANUARY 9, 2024

The group’s response is, “Are these supply chain metrics?” ” For many stuck in the myriad of functional metrics, like Operational Efficiency (OEE), Purchase Price Variance (PPV), or transportation cost, a focus on growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) is a stretch.

Supply Chain Planning Software 287

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 287

Unleashed

OCTOBER 5, 2023

It can involve employing technology such as barcode scanners, inventory management software, and automated systems to enhance accuracy and speed in handling goods. Warehouse management systems A warehouse management system (WMS) is a software tool designed to improve the efficiency with which a warehouse is operated.

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

GlobalTranz

MAY 11, 2018

Thus, the demand for warehouse management systems (WMS) has increased, but how do companies distinguish the best-of-breed WMS solutions? The answer lies in these five considerations for WMS Selection before investing in a system. Review the System’s Integration Abilities Consider the interface of the WMS.

Demand Planning Software 149

Demand Planning Software Warehousing Vendor Strategies System 149

Logistics Viewpoints

NOVEMBER 14, 2022

Customers use their modular, SaaS solutions to route, schedule, track, and measure delivery resources; plan, allocate and execute shipments; rate, audit, and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes.

Agile and Lean Supply Chain 224

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 224

Intelligent Audit

NOVEMBER 3, 2022

On the transportation end of supply chains, shippers adapt to the transportation needs at any given time to ensure this part of the supply chain continues as well as possible. This is why transportation network optimization is important. What Is Transportation Network Optimization?

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

Intelligent Audit

MAY 6, 2021

Transportation network optim ization is a leading goal for supply chains around the globe. That risk of something adverse occurring — a disruption — continues to drive investments of time and resources into more informed decision-making and leveraging logistics analytics. Track the Right Performance Metrics. Industry 4.0

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

GlobalTranz

OCTOBER 19, 2015

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy.

Transportation Management 120

Transportation Management Resource Reduction Cost Reduction Strategies Optimal Sourcing 120

Logistics Viewpoints

MARCH 29, 2024

million vehicles cross the bridge annually, or about 30,000 per day, according to the Maryland Department of Transportation. The centers feature an automated, high-density storage system that, among other benefits, allow the retail giant to double the number of customer orders it can fulfill in a day. An estimated 11.5 Franklin St.,

Prescriptive Analytics Software 251

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

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. This includes procurement, production, transportation, warehousing, and distribution.

S&OP 93

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

Logistics Viewpoints

FEBRUARY 2, 2023

How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots.

Supply Chain Planning Software 204

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 204

SCMDOJO

APRIL 9, 2024

With the advancement of transportation, like wheels and navigation techniques, transport to distant territories was completed over shorter periods. The Industrial Revolution gave rise to large-scale production and transportation efficiency, which led to the modern logistics landscape that we know today.

Supply Chain Design Software 76

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

GlobalTranz

APRIL 13, 2015

Efficient management of transportation plays a major role in determining the success rate of an organization’s distribution system. Transportation incurs massive cost to the company thereby making the company strive hard towards achieving maximum returns on investment. Role of Technology in TMS Systems.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Optimization Software Analytics Software 120