ToolsGroup

MARCH 17, 2021

Starting from pre-implementation we align on target key performance indicator (KPI) levels and benchmark progress to accelerate time to value. Because our customers around the globe can meet or exceed their service level requirements while minimizing inventory, they’re ready for whatever tomorrow brings.” Go to www.SDCExec.com.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

6 River Systems

FEBRUARY 22, 2019

Every warehouse strives for efficient order fulfillment. There are many factors that can impact costs, from warehouse replenishment practices to the warehouse equipment deployed to support the fulfillment process. ” Meet Our Panel of Warehouse Pros: Nate Masterson. Dave Masterson. Nate Masterson. MapleHolistics.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

ShipBob

FEBRUARY 25, 2022

OTIF or On-Time In-Full is a KPI used for measuring how many orders were delivered on time and in full. This metric is mainly used as a delivery KPI, although it can also be applied throughout the supply chain. High stockout costs combined with low OTIF scores can also help to pinpoint the source. Lack of inventory visibility.

Optimal Sourcing 52

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

SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources. What are some examples of Supply Chain Analytics?

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

crisp

DECEMBER 15, 2021

A good KPI to track for this goal might be a low out of stock (OOS) rate. But on the other hand, retailers also want to maintain a low average inventory to avoid excess costs. Once you’ve set your strategy and KPIs, it’s time to use process mapping to define the steps that will help you achieve those goals.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

SCMDOJO

NOVEMBER 17, 2023

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. Inventory Management & Optimization: Managing inventory as working capital, focusing on demand planning, optimization, safety stock management, and meeting customer service expectations.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

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. What is demand planning?

Supply and Demand 52

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

JULY 7, 2015

This excess of inventory can often pose as a problem when companies already have a long list of issues to tackle to remain relevant in the market. However, technology can be used to turn what seemed as losses into standby sources of revenue. 4 Core Benefits of Deploying a Reverse Supply Chains Process.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Material Savings 120

RFgen

AUGUST 12, 2020

Warehouse automation in the form of mobile barcoding and data collection are vital technologies for survival in a pandemic climate. 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.

Supply Chain Software 55

Supply Chain Software Beverage Food Supply Chain Design Software 55

RFgen

AUGUST 12, 2020

Warehouse automation in the form of mobile barcoding and data collection are vital technologies for survival in a pandemic climate. 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.

Supply Chain Software 52

Supply Chain Software Beverage Food Supply Chain Design Software 52

Intelligent Audit

OCTOBER 27, 2022

According to analysts at McKinsey , “Most of the data generated in a supply chain falls outside the scope of just one enterprise or entity,” a dynamic that makes it hard to know if you’re dealing with good or bad data or even the original source. Does the data come from a variety of different sources? Inventory Predictions.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Unleashed

JANUARY 10, 2023

That’s why you need to ensure you’ve got systems in place to collect key data relating to purchasing, logistics, inventory, and sales. Or, if you’re a middle-man retailer or wholesaler, how you manage your warehouse. Is the layout of your warehouse logical and designed for maximum productivity?

Supply Chain Planning Software 52

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

RFgen

AUGUST 10, 2023

In a fast-paced warehouse, the need for real-time information extends to every aspect of operations. 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.

Real-time Visibility 81

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

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 114

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 114

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. The answer is that they use the multi-echelon inventory model to solve the problem.

Case Study 239

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

RFgen

NOVEMBER 8, 2018

Key Takeaways: Warehousing and distribution face unprecedented pressures from COVID-19 disruption, commoditization, labor shortages and rising customer expectations. Warehouse automation is an effective way to gain efficiencies, cut costs and scale operations. Physical warehouse automation is costly. High warehouse turnover.

Warehousing 59

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

RFgen

NOVEMBER 8, 2018

Key Takeaways: Warehousing and distribution face unprecedented pressures from COVID-19 disruption, commoditization, labor shortages and rising customer expectations. Warehouse automation is an effective way to gain efficiencies, cut costs and scale operations. Physical warehouse automation is costly. High warehouse turnover.

Warehousing 59

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

GlobalTranz

MARCH 23, 2016

To start you must have the KPI's visual along the value stream. In order to be daily, the KPIs need to get down to ownership by the workers within the value stream. If heat is known to vary causing defects when special causes arise then you should see an effect on the overall quality (the next level KPI). Intrieri Consulting.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Logistics Viewpoints

APRIL 19, 2023

In order to achieve this, demand planning, inventory planning, supply planning via procurement and/or production planning, along with fulfilment/allocation and even transportation planning need to be integrated. Dynamic Cross-dock allocation takes into account sales rates and current inventory at the stores.

Supply Chain Planning Software 220

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 220

Requis

JANUARY 9, 2020

Digital twins promise more accurate and effective KPI reporting and have the potential to dramatically alter how businesses plan and adapt to change. Heavy industry pays a lot of money to warehouse unused assets that could be sold to other enterprises dealing with similar projects, smaller players, or even back to original OEMs.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 52

Unleashed

MAY 2, 2022

There are a lot of inventory performance measures you could track. Explore our live inventory calculators and formulas page. In this article on inventory performance measures. Why use performance measures for inventory management? Then you will need to know the inventory value at the end of the period.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 98

Unleashed

JULY 23, 2023

You can calculate order cycle time using the formula: (Delivery Date – Order Received Date) / Total Number of Orders Shipped = Order Cycle Time This KPI reveals where you need to develop new strategies to improve the speed of your order fulfilment. Takt time Takt time is a KPI that helps set the pace of your manufacturing process.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

NC State SCRC

JUNE 27, 2017

They may provide specific KPI benchmark levels for a process (in such terms as percentage cost savings). However, I’d like to suggest that different KPI’s could be applied in different situations. > Inventory levels. > >Inventory Turns. > > Warehouse ownership. > > Cost Savings. >

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

GlobalTranz

OCTOBER 29, 2015

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. We started the series first by " 9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL."

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. This includes internal and external data sources.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 261

RFgen

AUGUST 5, 2020

Too many companies still rely on manual data collection processes for handling inventory. Tracking inventory in the warehouse, shop floor or out in the field using paper checklists, spreadsheets, data entry into the ERP, or using no system at all, is not effective. Mobile inventory software with additional functionality.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 82

Silvon Software

APRIL 1, 2024

Strategic analytics, on the other hand, is often associated with reporting from an analytical data source like a data hub. Historically, operational reporting answered simple but vital questions about a business’s current status, like cash on hand or inventory levels. Do I have enough warehouse capacity and resources?

Procurement Analytics 59

Procurement Analytics Analytics Software Predictive Analytics Analytics 59

Logistics Bureau

NOVEMBER 27, 2016

For example, by 2020, Unilever expects to sustainably source 100% of its raw materials, even those used for packaging. The measurements however, are just a means to an end , with the KPI-driven conversations being considered more important than the actual metrics. Boxes Within Boxes. The Incredible Value of Crumbs.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

SCMDOJO

JANUARY 17, 2024

They are in charge of purchasing, procurement, and sourcing. Logistics Manager Annual salary : $100,000 (median) Required degree : Bachelor’s Logistics specialists are in charge of transporting and distributing the organization’s inventory. Around a fourth of specialists enter the field with a graduate degree.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69

ThroughPut

JUNE 24, 2022

ACCURATE INVENTORY MANAGEMENT. Accurate inventory management can ensure the right flow of items in and out of a warehouse. Generally, there are many inventory related variables like order processing, picking and packing, and this can become very time-consuming with a high tendency for error. WAREHOUSE EFFICIENCY.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

RFgen

AUGUST 5, 2020

Too many companies still rely on manual data collection processes for handling inventory. Tracking inventory in the warehouse, shop floor or out in the field using paper checklists, spreadsheets, data entry into the ERP, or using no system at all, is not effective. Mobile inventory software with additional functionality.

Supply Chain Design Software 52

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

Unleashed

MARCH 9, 2021

In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Warehouse space utilisation. Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

6 River Systems

OCTOBER 12, 2020

From investing in smart automation solutions like collaborative mobile robots to improve warehouse productivity to route and supplier optimization and outsourcing logistics to a 3PL , there are several strategies that can help companies reduce logistics costs. Now, this does not just come down to the staff in the warehouse.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

QAD

OCTOBER 5, 2021

QAD Analytics provides customers quicker access to KPIs and personalized Action Centers with bulk KPI options to manage more and flexibility in moving analytics data from one environment to another. QAD Sourcing adds new autopilot sourcing capabilities and further automates the source-to-contract process.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 97

Logistics Bureau

JULY 18, 2022

Warehouse facilities and proximity. Inventory levels. Ideally, though, evaluating your position against competitors should not solely be a KPI benchmarking exercise. Other sources that can reveal details about your competitors’ supply chains. Warehouse management systems (WMS). Delivery service levels.

Inventory Reduction 88

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction Strategies 88

QAD

JULY 29, 2021

Augmented Analytics makes it possible to not only analyse the internal data of the company but also external data from many sources along the value chain. Augmented Analytics can automatically detect inventory inefficiencies and proactively inform the relevant inventory managers.

Analytics Software 98

Analytics Software Predictive Analytics Analytics Predictive Analytics Software 98