Silvon Software

JUNE 1, 2023

But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures? Use appropriate reporting mechanisms such as dashboards, scorecards, or periodic performance reports. This includes procurement, production, transportation, warehousing, and distribution.

S&OP 93

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

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Precoro

MAY 19, 2023

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. There are numerous supply chain metrics that a company can choose to track.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Supply Chain Game Changer

JULY 21, 2021

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Procurement Cost.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

QAD

MAY 7, 2020

In this current environment, it’s essential that firms access real-time customer and consumer behavior to illuminate changing patterns and adjust supply chain responses to better meet customer expectations. Boost Global Supply Chain Visibility. Reevaluate Lean Inventory.

Agile and Lean Supply Chain 114

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply and Demand 114

Supply Chain Matters

MARCH 6, 2024

Supply Chain Matters provides highlights and added perspectives to U.S. retailer Target’s recent reporting of Q4 and Fiscal 2024 financial and operational performance. billion, reflective of lower merchandise markdowns and lower inventory, supply chain, and digital fulfillment costs. percent to $5.7

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Purchasing Skills 52

ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. They should assess and reduce threats to minimize the impact of problems.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

Taulia

OCTOBER 20, 2021

While every company will have different priorities, a number of metrics can be used to measure supply chain efficiency. Commonly used metrics include the following: Inventory turnover – the number of times a company’s inventory cycles on an annual basis. Calculated as cost of goods sold/average inventory.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes. Let’s check out the most common use cases.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Taulia

AUGUST 29, 2023

Accordingly, by increasing supply chain efficiency, businesses can improve their ability to meet customer expectations, build resilience against supply chain risks, and enhance their working capital position. Establish clear objectives Start by setting clear objectives.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Optimal Sourcing Sourcing Strategies 52

SCMDOJO

JUNE 14, 2023

Supply chain visibility also allows you to make more informed decisions about your supply chain processes. With real-time data on your products, you can analyze your supply chain performance and identify areas for improvement. This can help reduce the risk of costly returns or replacements.

Supply Chain Optimization 92

Supply Chain Optimization Supply Chain Planning Software Supply Chain Planning Supply Chain Software 92

SCMDOJO

JUNE 6, 2023

This helps them optimize inventory levels and avoid overstocking or understocking. This has proven to improve cash flow since businesses avoid extra costs by excess inventory supply, and they also avoid not having enough products on hand. By having an optimized supply chain, they help keep their customers satisfied.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Logility

APRIL 8, 2016

Hundreds of companies struggling to improve their supply chain performance have adopted an effective business decision-making process to balance and align demand and supply. Some call it Sales, Inventory and Operations Planning (SIOP). And then there’s Merchandizing, Inventory and Operations Execution (MIOE).

S&OP 100

S&OP Inventory Reduction Resource Reduction Cost Reduction Strategies 100

Stord

MAY 3, 2018

But for most companies, logistics and transportation are, at best, a supporting line of business and, at worst, a distraction. For many businesses, their supply chain grew organically along with the growth of the business and isn't built to scale, especially for ecommerce. Is your inventory concentrated in the right locations?

Network Optimization 78

Network Optimization Supply Chain Optimization Modeling Inventory Reduction 78

Logility

AUGUST 19, 2016

Hundreds of companies struggling to improve their supply chain performance have adopted an effective business decision-making process to balance and align demand and supply. Some call it Sales, Inventory and Operations Planning (SIOP). Sales, Inventory and Operations Planning (SIOP).

S&OP 100

S&OP Inventory Reduction Resource Reduction Cost Reduction Strategies 100

Logility

AUGUST 15, 2016

Hundreds of companies struggling to improve their supply chain performance have adopted an effective business decision-making process to balance and align demand and supply. Some call it Sales, Inventory and Operations Planning (SIOP). Sales, Inventory and Operations Planning (SIOP).

S&OP 100

S&OP Inventory Reduction Resource Reduction Cost Reduction Strategies 100

Zipline Logistics

APRIL 20, 2020

Controlling costs in the supply chain is an excellent way for businesses in any sector to find increased profitability, but it is especially true for food ingredient shippers. An effective supply chain strategy that controls costs is crucial because margins for ingredient manufacturers are typically thin.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Supply Chain Planning Software Supply Chain Design Software 52

Zipline Logistics

JANUARY 26, 2021

Pragmatic analysis can uncover opportunities to make improvements that can help control inventory and manage costs. By having enhanced insight into crucial logistics processes, healthcare shippers can increase efficiencies, reduce cost, shorten time to market, and improve inventory management. Leverage Vital Logistics KPIs.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 52

Locus

APRIL 1, 2022

And as supply chains continue to grow in scale and complexity to meet these demands, so do the costs. There is also the question of rising uncertainty caused by unpredictable events on supply chain performance. This makes robustness and flexibility for supply chains non-negotiable in today’s times.

Network Design Software 52

Network Design Software Supply Chain Design Software Supply Chain Network Software Gartner 52

DynaSys

OCTOBER 7, 2021

End-to-end visibility of supply chain performance across multiple functions and disciplines reveals previously unseen trends and drives better decisions. Advanced Analytics dashboards and scorecards provide this insight, elevating supply chain priority to C-level decision-makers. Sourcing and supplier performance.

Analytics Software 52

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

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. Ocean Transport. This report provides a snapshot of the U.S. Specific Highlights.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

BlueYonder

OCTOBER 1, 2022

Strategic relationships, improved collaboration with logistics providers, and the possibility of bringing 3PL/4PL in-house to reduce transportation and warehouse costs and gain more control over logistics operations are all strategies to enable supply chain resiliency. This has a substantial impact on their EBITDA margins.

Automotive 52

Automotive Cost Reduction Strategies Inventory Reduction Material Savings 52

Logility

OCTOBER 3, 2016

Type “Cost Savings AND Supply Chain Planning” into Google and you get 2.5 Another example of today’s Machine Learning capabilities is found in software solutions that use algorithms to continually analyze the state of your supply chain and recommend or automatically execute plans to meet customer requirements.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Gartner 100

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. It’s not uncommon though, for companies to make the mistake of over-complicating their supply chain performance monitoring. Inventory Days of Supply.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

Supply Chain Matters

JULY 6, 2022

The company’s products have reportedly been in high demand but outpacing available supply. Elevated transportation and logistics costs and longer transit times have impacted profitability, despite ongoing price increases imposed on products. For the quarter ending May 31, total revenue decreased one percent to $12.2

Supply Chain Disruption 52

Supply Chain Disruption Inventory Reduction Examples Supply Chain Strategy 52

Precoro

APRIL 18, 2023

Supply chain visibility is a company's ability to keep track of raw materials, components, and final products – in batches or individually – as they move through the entire supply chain from suppliers through production or assembly to retailers and end customers. After that, it can be sorted into different categories.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Supply Chain Shaman

JULY 3, 2017

The supply chain is a complex, non-linear system. As a result, supply chain leaders focus on unrealistic goals of inventory or costs, they will throw the system out of balance. In the setting of strategy goals, executive teams often set unrealistic goals because they are not aligned with supply chain potential.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 156

Zipline Logistics

OCTOBER 19, 2021

As retail has evolved to meet the modern consumer’s needs, stores have implemented stringent compliance programs to ensure products are on the shelf when shoppers aim to buy them. As soon as you know what your buyer has purchased, begin working on securing transportation. Out-of-Stocks Shape Retail Logistics Conversation .

Retail 52

Retail Optimal Sourcing Vendor Strategies Cost Reduction Strategies 52

Supply Chain Shaman

JANUARY 30, 2019

” Based on my research, it is clear to me that buyer frustration with supply chain technology is increasing. Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. I need to run to my meeting.

Supply Chain Planning Software 167

Supply Chain Planning Software Modeling Software Analytics Software Demand Planning Software 167

Supply Chain Matters

JUNE 16, 2022

The Logistics Managers Index for May indicated that inventory costs are now one-third higher than they were last year. CFO ’s, if they have already done so, will be calling for a comprehensive inventory management analysis, especially if prior decisions were made to take on added inventory as a supply network risk mitigation measure.

Material Savings 52

Material Savings Inventory Reduction Cost Reduction Strategies Price Reduction 52

HICX Solutions

FEBRUARY 15, 2024

Organizations will need to consider and invest in customer experience metrics and data analytics to understand better what their customers want and enhance the supply chain’s ability to understand this. Global collaboration As supply chains become globalized, so do organizations.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 52

Supply Chain Matters

AUGUST 15, 2022

Inventory Glut of Bicycles. In retrospect, they collectively ordered too much finished goods inventory from offshore supply sources. Cited are interviews with dealers who indicated multiple lost sales during the initial lockdown periods, because of not having any new bikes in inventory. Reader Takeaways.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

Logility

NOVEMBER 21, 2016

Most systems provide these types of descriptive analytic capabilities, however knowing “what happened” is often inadequate to make adjustments that improve future performance. Often supply chain performance and visualization can also help to determine why something happened.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Supply Chain Planning Software Analytics Software Predictive Analytics 100

Zipline Logistics

MAY 25, 2021

The study analyzed supply chain performance at manufacturers, wholesalers, and retailers throughout 2020. This performance decrease also came as shippers were forced to pay more in transportation costs across the board. What Can Shippers Do to Increase CPG Logistics Performance?

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

Supply Chain Matters

NOVEMBER 13, 2023

Last year, retailers were hampered with too much excess inventory bought by robust consumer focused product sales that occurred earlier in 2022. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. This year, major U.S. One report we reviewed indicated indications that U.S.

Supply Chain Planning Software 59

Supply Chain Planning Software Forecasting Forecasting Software China 59

Zipline Logistics

MARCH 18, 2020

It now expects shippers to meet an on-time threshold of 90 percent while requiring 100 percent of orders to be in-full. Download the free white paper to learn more about how data can be used to reduce logistics spend while improving supply chain performance. These high standards are in line with those at Walmart.

Vendor Strategies 52

Vendor Strategies Procurement Analytics Buyer Training Supply Chain Planning Software 52