Unleashed

MAY 31, 2024

The sell-through rate metric can help you predict demand for your product by telling you how much of your purchased inventory is being sold within any given period. Tracking your sell-through rate enables better-informed decision-making around planning for production, purchasing, and inventory management.

Inventory Reduction 52

Inventory Reduction Price Reduction Procurement Analytics Waste Reduction 52

Unleashed

DECEMBER 11, 2022

Put simply, Warehouse KPIs measure how efficiently your warehouse is performing. For example, the warehouse KPI ‘Receiving accuracy’ can determine if your receiving process is as accurate as you need it to be. How to improve order lead times: Procure reliable carriers and suppliers. Implement a mobile barcode scanning system.

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

Unleashed

FEBRUARY 1, 2023

In this article, we do a deep dive into demand planning and look at what steps, strategies and KPIs can be used to develop best-practice demand planning and forecasting. This enables the company to manufacture and distribute its product in a way that, ideally, efficiently meets consumer demand. What is demand planning?

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

GlobalTranz

APRIL 25, 2016

If cost reduction is not the only thing to measuring supply chain performance, that begs the questions: "Maybe we should be measuring other Supply Chain Management activities and what would they be?". Inventory measurement is critical and it is money after all in that it took a capital expense to procure. Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

ShipBob

FEBRUARY 25, 2022

This involves keeping track of critical distribution metrics such as how many orders were shipped out on time because this is vital to determine how efficient their processes are, how satisfied customers will be, and whether they need to make improvements. High stockout costs combined with low OTIF scores can also help to pinpoint the source.

Optimal Sourcing 52

Optimal Sourcing Real-time Visibility Procurement Analytics Supply Chain Planning Software 52

Unleashed

JULY 23, 2023

Key Performance Indicators (KPIs) help manufacturers determine operational strengths and flaws. By tracking the right manufacturing KPIs in your production operations you can accurately monitor performance to ensure the consistent and timely delivery of quality products.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

Unleashed

JANUARY 10, 2023

Supply chain planning is the process of optimising the delivery of goods and services from manufacturer to consumer. That’s why you need to ensure you’ve got systems in place to collect key data relating to purchasing, logistics, inventory, and sales. And it all starts here. Streamline your processes and eliminate bottlenecks.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? The answer is simple: through KPIs. Procurement KPI Categories.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

RFgen

AUGUST 12, 2020

This has become even more apparent as manufacturers and warehouses adjust to irregular surges in demand with significantly disrupted supply chains caused by COVID-19. In each, warehouse automation technologies, such as mobile barcoding and automated data collection , have helped companies reduce spend and improve KPI performance.

Supply Chain Software 55

Supply Chain Software Beverage Food Supply Chain Design Software 55

Unleashed

NOVEMBER 20, 2023

Supply chain optimisation helps manufacturing businesses drastically reduce operational costs to improve revenue and customer satisfaction. In our latest Supply Chain Roundtable, four experts share their advice and experience around optimising the manufacturing supply chain. It’s a constant headache for our purchasing manager.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

RFgen

AUGUST 12, 2020

This has become even more apparent as manufacturers and warehouses adjust to irregular surges in demand with significantly disrupted supply chains caused by COVID-19. In each, warehouse automation technologies, such as mobile barcoding and automated data collection , have helped companies reduce spend and improve KPI performance.

Supply Chain Software 52

Supply Chain Software Beverage Food Supply Chain Design Software 52

Silvon Software

APRIL 29, 2022

Inventory can be a manufacturer’s most important asset. But a large inventory has its own liabilities such as cost to store and insure it, along with the risk of spoilage, theft and damage. The Basics of Inventory Management KPIs. Every inventory KPI needs a clearly defined goal.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

Unleashed

MAY 2, 2022

Why use performance measures for inventory management? If you want to make objective, evidence-based strategic decisions about what to do with your business, you need to be using real inventory KPIs. But manufacturing lead time covers the period from when a sales order is received to when a product is ready to ship.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 98

6 River Systems

FEBRUARY 22, 2019

It’s also very efficient, meaning it will allow your employees to process more orders on a hourly basis with virtually impossible odds of shipping the incorrect products to your customers. Inventory provides an excellent example of a cost indicator that should be measured and continuously improved. The top operators work at a 99.9%

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Logistics Bureau

DECEMBER 20, 2021

As we are often asked about KPIs for inventory management , that’s what we’re going to focus on in this particular post. After reading, you will be better informed about the most appropriate KPIs for IM and know the more commonly used ones. 10 Invaluable KPIs to Track Inventory Management Performance.

Inventory Reduction 77

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 77

RFgen

AUGUST 10, 2023

Inventory management is no exception. Today’s digital supply chain makes manual inventory control obsolete. Technology solutions step in to help warehouses and production plants streamline materials management and reduce costs. You get the core benefits without the baggage. Benefits like: Real-time visibility 99.9%

Real-time Visibility 83

Real-time Visibility Inventory Management Software Supply Chain Planning Software Inventory Reduction 83

Unleashed

FEBRUARY 28, 2023

It can also be an important productivity key performance indicator (KPI), used to track progress and highlight areas where more training or better equipment may be required. Although receiving efficiency is itself a KPI, other metrics can also assist in measuring how optimally your business receives goods.

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

RFgen

AUGUST 5, 2020

In this article, we will do a deep dive into what mobile barcoding is, how it fits into your enterprise, and what results you can expect in terms of KPI improvements and future growth. Mobile barcoding software can help businesses eliminate bottlenecks in multiple areas, such as: Shipping & Receiving. Purchase Order Processing.

Supply Chain Design Software 84

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 84

SCMDOJO

MARCH 25, 2022

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. In one of the old article of SCMDOJO “ What is Supply Chain Management ? NAPM published a new magazine, Purchasing Magazine, in 1965. The 1950s – The Transportation Era. .

Supply Chain Planning Software 133

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 133

BlueYonder

OCTOBER 13, 2022

It’s also hardly a revelation that retailers have responded by rethinking their strategies around inventory management and fulfillment options. It can be a costly exercise but is worth the outlay considering these channels will be the persuader of upfront investments and ultimate purchases. Step 5: Measuring Success.

Sourcing Strategies 73

Sourcing Strategies Modeling Software Supply Chain Planning Software Supply Chain Design Software 73

RFgen

AUGUST 5, 2020

In this article, we will do a deep dive into what mobile barcoding is, how it fits into your enterprise, and what results you can expect in terms of KPI improvements and future growth. Mobile barcoding software can help businesses eliminate bottlenecks in multiple areas, such as: Shipping & Receiving. Purchase Order Processing.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 52

6 River Systems

OCTOBER 12, 2020

A shift to manufacturing critical goods like pharmaceuticals in the United States would lead to higher production costs, for instance. Dealing with inventory is a significant driver of logistics costs, so simplifying your inventory processes with barcoding is a great way to lower costs.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

Zipline Logistics

JUNE 30, 2020

These are a la carte, or per service, and outside of standard shipping and receiving. Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance. Carriage — In maritime shipping, carriage refers to the movement of cargo on a vessel after loading and before unloading.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Strategy 52

RFgen

NOVEMBER 8, 2018

Maturing trends in omnichannel retailing, consignment inventory, and complex global supply chains put more pressure on the warehouse to increase throughput, cut costs, and reduce inventory cycles. You also have countless responsibilities to worry about as well, such as: Managing warehouse employees. High warehouse turnover.

Warehousing 59

Warehousing Supply Chain Software Supply Chain Planning Software Inventory Management Software 59

RFgen

NOVEMBER 8, 2018

Maturing trends in omnichannel retailing, consignment inventory, and complex global supply chains put more pressure on the warehouse to increase throughput, cut costs, and reduce inventory cycles. You also have countless responsibilities to worry about as well, such as: Managing warehouse employees. High warehouse turnover.

Warehousing 59

Warehousing Supply Chain Software Supply Chain Planning Software Inventory Management Software 59

Logistics Bureau

OCTOBER 31, 2016

On the other hand, if you’re a business leader who must try to juggle supply chain effectiveness with that of marketing, sales, or manufacture, the following sections highlight the supply chain basics that your company must get right in order to maximise revenue and profit. Inventory Management in the Warehouse.

Supply Chain Design Software 40

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Supply Chain Strategy 40

6 River Systems

FEBRUARY 25, 2019

From raw materials sourcing to warehouse operations , logistics technology , order fulfillment and beyond, there are dozens of points throughout the supply chain, all of which contribute to overall supply chain efficiency. I think when your business is self-reliant, you never have to deal with lost shipments, late shipments or anything.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

ThroughPut

MAY 23, 2019

The Automotive Industry is being disrupted on all sides and is upending the traditional models of vehicle manufacturing that have evolved over the past 120 years to dominate the world. Even Ford CEO Jim Hackett talks about auto manufacturers’ decades of proprietary consumer, vehicle and test data as a market differentiator.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Automotive 40