Unleashed

JULY 23, 2023

KPIs in manufacturing are quantifiable production metrics used by manufacturers to measure production performance over time. Order cycle time KPIs calculate the average time between when you receive an order and when it is shipped. As a metric, it’s the time you budget to manufacture each part or component.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

Unleashed

JUNE 23, 2021

It’s seen businesses adapting rapidly, with technology playing a key role in giving managers the flexibility and efficiency to thrive. Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. 10 inventory management for 2022: 1.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 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?". Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Logistics Viewpoints

JANUARY 23, 2024

The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers. The data is all anonymous, but retailers can look at metrics such as time to fulfill, pack time, conversions, and ship versus pick-up, to name a few, across hundreds of Active Omni customers.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

SYSPRO Smarter ERP

APRIL 24, 2023

This process involves multiple stages, including receiving the order, getting parts and materials, manufacturing or assembling the items, picking and packing in the warehouse, shipping, and tracking the shipment to ensure successful delivery. Sourcing and receiving — most companies use suppliers to provide parts or materials or a product.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

Unleashed

APRIL 21, 2024

The first step in a standard order processing system is the verification of a customer order which often includes a check to confirm there is sufficient inventory available to fulfil the order. Once confirmed, the ordered items are picked from your inventory, sorted, packed, and shipped to the customer.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. These functions include procurement, production planning, inventory management, logistics, and customer service. Analyze performance metrics and implement improvements to enhance efficiency.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

OptiProERP

APRIL 9, 2024

Order management involves creating, processing, and tracking orders, ensuring they align with customer expectations and organizational capabilities. Integration with inventory management systems is crucial to accurately confirm product availability and delivery timelines. OptiProERP was the clear winner.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Precoro

OCTOBER 10, 2022

Keep reading to learn in detail about the top 13 most crucial procurement metrics, how to track them, and what to focus on to drive the most value to your company. Procurement key performance indicators (KPIs) are values that measure the performance of an organization's procurement management based on specific business goals and objectives.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

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. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Talking Logistics

APRIL 29, 2015

Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. Also, is multi-functional engagement important and, how does omni-channel impact transportation sourcing?

Sourcing Strategies 100

Sourcing Strategies Sourcing Transportation Cost Reduction Strategies 100

Logistics Viewpoints

SEPTEMBER 19, 2023

Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. Balancing supply and demand by orchestrating the flow of materials and information is a key requirement for managing operational risks.

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 231

Unleashed

JANUARY 16, 2023

Conversely, a 3PL provider can also be hired to complete a single task, such as managing customer returns. 3PL providers can reduce the stress of managing high order volumes by taking care of numerous fulfilment tasks. 3PL providers are experts when it comes to shipping and logistics. Simplified global expansion.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

RFgen

JUNE 30, 2023

Yet the reality is, 74% of respondents to the Digital Inventory Report reported that are not yet leveraging sufficient software means to streamline inventory management. Essentially, an ERP helps organizations run their business by acting as a single source of truth. Case Study: NFPC Enhances ERP to Gain 99.9%

Inventory Management Software 76

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 76

Silvon Software

APRIL 29, 2022

Key performance indicators (or KPIs) help to facilitate these requirements and drive higher inventory optimization outcomes as a result for manufacturers, distributors and other supply chain-centric businesses. The Basics of Inventory Management KPIs. These types of metrics are Sales KPIs, Receiving KPIs and Operational KPIs.

Optimal Sourcing 106

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 106

Unleashed

MAY 2, 2022

There are a lot of inventory performance measures you could track. These are the 10 most crucial metrics for SMEs – so you can get started on reducing inefficiencies and cutting costs. Explore our live inventory calculators and formulas page. In this article on inventory performance measures.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 98

Intelligent Audit

MARCH 30, 2022

With the continued advancements in shipping logistics and services, the rise of freight visibility is among the most critical points management must consider. Unexpected delays are most acutely felt in industries that ship vulnerable goods such as pharmaceuticals or perishable items.

Network Optimization Software 52

Network Optimization Software Logistics Network Optimization Software Freight Supply Chain Planning Software 52

Supply Chain Action Blog

FEBRUARY 18, 2021

I’m sure there are a lot of ways to summarize a careful, comprehensive approach to inventory management. This is perhaps the simplest, but yet most difficult aspect of careful, comprehensive inventory management. . ”approach for inventory management, if you will. . A nticipate market requirements.

Inventory Management Software 40

Inventory Management Software Inventory Management Inventory Reduction Inventory 40

RFgen

MARCH 20, 2023

Integrating purchasing and inventory control is critical for forward planning and forecasting in today’s economic climate. Automated technologies and mobile inventory management systems can help align teams around a single source of truth when making inventory decisions.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Purchasing Skills Manufacturing Procurement 52

SYSPRO Smarter ERP

NOVEMBER 3, 2021

The SCOR (Supply Chain Operations Reference) methodology has six high-level business activities that define the supply chain – plan, source, make, deliver, return, and enable. This is best done using an ERP system, where different steps of the manufacturing chain – order management, production, fulfilment, etc. – Outbound KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Unleashed

JANUARY 16, 2024

Landed cost is a crucial metric for understanding profitability at the product level. It takes into account sales and production costs, along with any additional fees required to ship a product to the end consumer. Landed is the total cost of a product after it has been shipped to a customer. What factors go into landed cost?

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

Unleashed

JANUARY 29, 2024

Stock-keeping-unit (SKU) rationalisation is an inventory management method for improving the performance and profitability of your business. As a business strategy, SKU rationalisation helps you to reduce business costs, improve inventory management, increase operational efficiency, and enhance your brand image.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail. Another important aspect of logistics is time.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Intelligent Audit

NOVEMBER 5, 2021

In recent years, shipping GRIs among carriers tend to be around 3% to 5% each year. This average shipping rate increase index is a reflection of how carriers look to balance demand with capacity, but it’s not always the same. Fifteen actionable steps that mitigate higher shipping rates’ impact.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

ShipBob

NOVEMBER 22, 2021

In this post, we’ll help you identify the key metrics you need to track in ecommerce analytics and the best tools that will help you gain a competitive edge. Collecting and analyzing data from third-party vendors and switching between multiple platforms for metrics and analytics can be challenging. Traffic source/medium.

Procurement Analytics 98

Procurement Analytics Analytics Software Analytics Optimal Sourcing 98

Unleashed

DECEMBER 6, 2021

With inventory management and other software features built for the wholesale environment, you’ll be able to work towards success in a number of ways: improved profit margins by holding a lean inventory, optimising inefficiencies to cut labour costs, better strategic decision making through data… the list goes on.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

Unleashed

OCTOBER 30, 2023

It includes tasks such as managing inventory, packing and shipping customer orders, and processing returns. Procurement is the process of sourcing the suppliers and service providers that enable you to sell products. For a retailer, this can mean sourcing bulk goods directly from wholesalers or manufacturers.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Kinaxis

MARCH 22, 2017

by Alexa Cheater From designing, sourcing and manufacturing, to distribution and consumption, your supply chain is at the heart of your customer satisfaction levels. The equivalent of 7% of America’s GDP is tied up in inventory, and accounts receivable and payable. Single vs. multi-echelon inventory optimization.

Optimal Sourcing 196

Optimal Sourcing Supply Chain Optimization Network Optimization Inventory Reduction 196

Unleashed

FEBRUARY 4, 2024

For retailers, inventory is more than just a list of products: It’s also the mainstay of your retail operations, the source of your revenue, and the foundation of customer satisfaction. Retail inventory management is therefore the key to managing inventory costs and movements effectively.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 52

Unleashed

MARCH 5, 2024

eCommerce automation helps businesses maximise productivity by optimising daily processes such as inventory management , fulfilment, and customer service. Logistics Receive real-time shipping updates; optimise shipping routes; send automated delivery notifications to customers.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Examples Inventory Management Software 52

Elementum

AUGUST 31, 2022

The supply chain management process is comprised of a number of steps, which can usually be organized into five categories: Planning and forecasting Sourcing and procurement Manufacturing Logistics Handling returns As demonstrated by the recent food supply chain issues , a failure in one area can lead to disaster.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Planning 78

Taulia

OCTOBER 20, 2021

In today’s challenging market, companies face multiple challenges, from shortages of crucial components to port congestion, high shipping costs, logistics delays and uneven customer demand. While every company will have different priorities, a number of metrics can be used to measure supply chain efficiency. Inventory management.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

Supply Chain Game Changer

JULY 15, 2021

Drop Shipping Teddy Bears! The time it takes to complete each element of your supply chain affects your inventory planning and cash flow. Suppose you want to facilitate shorter customer times while following lean business management principles and using just-in-time inventory management. Subscribe Here!

Inventory Reduction 98

Inventory Reduction Material Savings Price Reduction Manufacturing Procurement 98

Unleashed

DECEMBER 10, 2023

An order management system (OMS) is a software application that can run your entire order lifecycle – from inventory management and fulfilment to distributing order status notifications and managing any returns or exchange orders. In this OMS vs ERP guide: What is an OMS?

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 52

ShipBob

NOVEMBER 24, 2023

The root of many inventory management challenges lies in treating all stock equally—when in reality, each item should be assessed and segmented individually. This is where inventory segmentation can help. It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

Supply Chain Matters

FEBRUARY 7, 2024

We believe that these inventory management, customer and last-mile fulfillment strategies will have industry wide implications in terms of competitive stakes and cost-to-serve. The goal was the ability to better leverage inventory levels that would be positioned within either hours or a day’s drive from a respective center.

Supply Chain Network Software 52

Supply Chain Network Software Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Supply Chain Shaman

JANUARY 2, 2023

With the evolution of NoSQL–Graph and Cognitive Ontological learning–models can now manage multiple data sources as inputs while driving a forecast to multiple roles simultaneously in role-based views. In a ship-from model, the locations are supply-centric by design. Traditional Models. Could this change?

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358