Unleashed

APRIL 18, 2023

Great inventory management comes down to good systems, good processes, and constant improvement. The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. Managing inventory is a complex business. Lots of activities, processes and people are involved in ordering, receiving, storing, picking and shipping items with the ultimate aim of keeping customers happy with the correct orders that are on time.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Analysis 52

Unleashed

JANUARY 10, 2023

Supply chain planning is the key to coming out on top. Optimising your supply chain processes will give your business the best chance at thriving in a competitive landscape. In this supply chain planning guide: What is supply chain planning? And it all starts here.

Supply Chain Planning Software 52

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

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 105

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

Taulia

JUNE 12, 2023

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

Procurement Analytics 52

Procurement Analytics Metrics Supply Chain Software Inventory Reduction 52

Logistics Bureau

AUGUST 2, 2021

Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. For that reason, the emergency purchase rate KPI is one you should certainly be keeping an eye on.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. Shipping Frequency, Service Routing, Delivery Time, Compensation Clause, etc.,)

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

crisp

DECEMBER 15, 2021

At last week’s Supply Chain Summit, Crisp’s Head of Supply Chain Barry Bradley gave brands a step-by-step guide to running a data-driven operations team. It’s an incredibly exciting time to work in the supply chain. Why is data so critical in supply chain management?

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Unleashed

APRIL 9, 2024

OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. OTIF is an important KPI because it directly impacts customer satisfaction and trust in supply chain partnerships. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

GlobalTranz

APRIL 25, 2016

The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. We just can’t forget cost reduction.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Logility

APRIL 10, 2017

Supply chain professionals are asked on a daily basis for what can seem like miracles: improve customer service and reduce costs, do more with less. Look at the process enabling tools. Look at the process enabling tools. Specifically, what does your supply chain team use to manage supply chain planning?

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Software 100

RFgen

AUGUST 12, 2020

The food and beverage industry must adapt to disrupted supply chains, urgent consumer safety and unpredictable demand. Warehouse automation in the form of mobile barcoding and data collection are vital technologies for survival in a pandemic climate. Nestle Incorporates Warehouse Logistics to Improve Coffee Supply Chain.

Supply Chain Software 55

Supply Chain Software Beverage Food Supply Chain Design Software 55

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Unleashed

DECEMBER 11, 2022

For example, the warehouse KPI ‘Receiving accuracy’ can determine if your receiving process is as accurate as you need it to be. Order cycle time (Delivery Date – Order Date) / Total Number of Orders Shipped = Order Cycle Time Order cycle time is the average time it takes for an order to be shipped from when it was placed.

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

RFgen

AUGUST 12, 2020

The food and beverage industry must adapt to disrupted supply chains, urgent consumer safety and unpredictable demand. Warehouse automation in the form of mobile barcoding and data collection are vital technologies for survival in a pandemic climate. Nestle Incorporates Warehouse Logistics to Improve Coffee Supply Chain.

Supply Chain Software 52

Supply Chain Software Beverage Food Supply Chain Design Software 52

Intelligent Audit

NOVEMBER 3, 2022

Supply chains are complex, and we’ve witnessed in recent years how easily disruptions efficiently affect goods from point A to point B. 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.

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

ShipBob

FEBRUARY 25, 2022

Ecommerce businesses need to closely monitor their performance across the supply chain so they can optimize their processes and increase efficiency. OTIF or On-Time In-Full is a KPI used for measuring how many orders were delivered on time and in full. The items that your customers order should be in stock and ready to ship.

Optimal Sourcing 52

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

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. Efficient demand planning ensures the business can balance its supply chain requirements and inventory planning with its customer demands.

Supply and Demand 52

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

Supply Chain Opz

JUNE 1, 2014

Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

EazyStock

SEPTEMBER 25, 2018

To stay ahead, tech-smart operations, savvy professionals are using logistics and supply chain mobile applications as must-have tools for operational excellence. These apps help companies achieve every business process from tracking inventory and shipments to booking meetings with clients to tracking tasks and projects.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 78

ShipBob

APRIL 12, 2023

Between receiving inventory and getting orders delivered to your customers, what happens in your warehouse plays a crucial role in the efficiency of your operations. These KPIs will tell you how efficient your warehouse operations are in terms of how you receive inventory, how you store them, and how you pick them.

Warehousing 52

Warehousing Supply Chain Software Inventory Management Software Demand Planning Software 52

BlueYonder

AUGUST 15, 2023

Supply chain and order management transformation in the retail space is a must, but how many organizations actually know what the results of their investments will be, from day one? At this juncture, it’s time for these players to take a step back and to evaluate – thoroughly and analytically – their entire supply chain landscape.

Inventory Reduction 84

Inventory Reduction Expense Reduction Resource Reduction Price Reduction 84

Silvon Software

MARCH 3, 2023

Below are a handful of important KPIs that should be tracked to ensure that an organization’s S&OP goals stay on track. On-Time Delivery (OTD) On-Time Delivery (OTD) is a primary metric used to determine the overall efficiency of the supply chain. Delivery date.

S&OP 102

S&OP Procurement Analytics Supply and Demand Analytics Software 102

The Logistics of Logistics

JANUARY 26, 2016

The warehouse is one of the most important links of the supply chain. Key performance indicators (KPIs) give you a means to measure how well you are doing and make the right adjustments. Below are five KPIs to closely monitor in your warehouse: 1. Accuracy of Inventory Records. Are you backlogged?

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

ShipBob

SEPTEMBER 24, 2021

Fast fulfillment starts with proper warehouse management , which determines how efficiently you receive, track, and store inventory in a way that gets customers orders out the door faster. Warehousing requires keeping a close eye on performance by monitoring KPIs related to receiving, inventory management, and fulfillment. .

Optimal Sourcing 52

Optimal Sourcing Warehousing Inventory Reduction Inventory Management Software 52

ThroughPut

OCTOBER 20, 2022

the Industrial AI Supply Chain pioneer, today announced the addition of powerful geospatial capabilities to its Logistics and Distribution Module. At ThroughPut, we call this Dynamic Supply Chain Rationalization ,” explained Alla Anashenkova, Head of Product of ThroughPut Inc. About ThroughPut Inc. ThroughPut.ai

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Optimization 52

ShipBob

FEBRUARY 3, 2023

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. To find out, you’ll need to track Key performance Indicators, or KPIs, for your retail business. What is a retail KPI? Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

GlobalTranz

OCTOBER 27, 2015

In our first post in the series, we set the mindset of the shipper by going over the 9 key topics to understand about effective KPI management and followed that post with the 7 strategic performance business practices to track and 4 KPI problems to solve. . At times, an audit of the percentage behind KPIs will be necessary.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

ToolsGroup

AUGUST 11, 2020

To adapt an old saying, the idea that great service should be a top supply chain priority is as universally accepted as motherhood and the dominance of the ‘92 Dream Team. This dawned on me after having several conversations with supply chain planners about how they measure service levels. So let’s get back to basics.

KPI 156

KPI Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software 156

6 River Systems

FEBRUARY 22, 2019

Robert Rebitski is a member of the team over at Predictable Surgical Technologies , a medical supply store. 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. Robert Rebitski.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Intelligent Audit

OCTOBER 27, 2022

One solution is to turn to big shipping data. Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. What is Big Data in Logistics & Supply Chain Management? Inventory Predictions.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

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. Ensure proper ordering, inventory planning, and process scalability.

Real-time Visibility 81

Real-time Visibility Inventory Management Software Supply Chain Planning Software Inventory Reduction 81

Kanban Logistics

FEBRUARY 27, 2020

It’s home base for sophisticated eCommerce operations, high-velocity retail distribution, vendor managed inventory, and a variety of other services. From there, you’ll need to staff it, pay for the equipment, the warehouse management system and other technologies. FedEx, USPS and UPS) for real-time shipping updates.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

RFgen

FEBRUARY 29, 2024

This isn’t just a hopeful vision, but the prime objective of Pfizer’s supply chain modernization. The story of the Pfizer supply chain goes beyond just moving products. Join us as we explore how cutting-edge technology and a dedication to science converge to deliver lifesaving medications around the world.

Supply Chain Planning Software 52

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

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

Supply Chain Planning Software 131

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 131

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 106

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 106