Silvon Software

JULY 22, 2022

Supply chain performance KPIs are invaluable measurements that support the growth and success of a company’s supply, fulfillment and delivery efforts. While supply chain KPIs should be chosen based on your organization’s specific needs, certain ones are effective for most businesses. Cash-to-Cash Time Cycle.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

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

Clear Spider

OCTOBER 26, 2022

For many of these successful companies, a Vendor Managed Inventory (VMI) system is the secret to their enviable growth. To break it down, efficient supply chain and inventory management practices should do two things: minimize inventory costs and maximize profits. Why Vendor Managed Inventory?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Examples Cost Reduction Strategies 52

SCMDOJO

JUNE 6, 2023

2 – Inventory Optimization Tool in Excel Inventory is a vital component for wholesalers, distributors, and manufacturers, representing valuable assets in the form of the products they sell. Efficiently managing inventory is crucial for maintaining optimal cash flow and meeting customer service expectations.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 89

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. It measures inventory availability and the ability to meet customer orders as they come in. This results in increased holding costs and a greater risk of inventory obsolescence.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

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

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

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

Zipline Logistics

APRIL 20, 2020

Pragmatic analysis can uncover opportunities to make improvements that can help control inventory and manage costs. By having enhanced visibility into crucial logistics processes, ingredient shippers can increase efficiencies, reduce cost, shorten time to market, and improve inventory management. Analyze Your Supply Chain Network.

Cost Reduction Strategies 52

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

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. Add Visibility into Key Processes .

Supply Chain Design Software 52

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

ModusLink Corporation

SEPTEMBER 1, 2023

Let’s think back on demand forecasting and warehousing management. This approach can help shippers improve customer service, gain a competitive edge, and effectively manage inventory management. Shippers can ensure they receive good service and value from their logistics partners by making suppliers accountable for meeting goals.

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

Supply Chain Matters

JUNE 21, 2022

In the report’s Executive Summary , the authors indicate that as consumers adjusted to new norms of work and social life: “ clogged ports and paltry capacity failed to meet surging and often desperate demand.” Rising Costs of Warehousing. Warehouse vacancy rates reportedly fell from 5.1 business logistics costs for 2021. .

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

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

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

QAD

FEBRUARY 20, 2024

The Causes of Stock Loss Sources of stock loss can include: Incorrect part movement Scrap with parts being dropped and damaged Shipping inaccuracy from warehouses and suppliers Manual mistakes in the processes Supplier performance Inaccurate forecasting Split shipments can also cause issues.

Manufacturing Procurement 96

Manufacturing Procurement How To Material Savings Supply Chain Design Software 96

BlueYonder

NOVEMBER 15, 2021

Today every company has a carefully crafted plan for precisely matching demand with supply, meeting omni-channel customer needs and driving healthy revenues — while also keeping costs down to protect profit margins. But, even before the chaos of 2020 and 2021, the great majority of supply chain plans proved wrong to some extent.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 82

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

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

IQMS

OCTOBER 2, 2019

When production lines are running smoothly, product quality is up, and customer delivery dates are being met it’s a sure sign the supply chain management, inventory, and warehouse management systems supporting the shop floor are tightly integrated. Strategic Management Journal, 21(3), 345.

Beverage 44

Beverage Supply Chain Planning Software Food Inventory Management Software 44

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

EazyStock

JUNE 21, 2022

Replacing on-premise IT solutions with cloud computing and software-as-a-service (SaaS) solutions in supply chain management will deliver many advantages and benefits to supply chain performance. Increased supply chain resiliency. The future of cloud computing in supply chain management.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Optimization Software Demand Planning Software 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

Enterra Insights

APRIL 13, 2023

” In addition to leveraging advanced digital technologies, both ToolsGroup and McKinsey & Company analysts insist that retailers must improve their supply chain performance to survive. ToolsGroup analysts suggest retailers adopt lean retail principles, which affect all aspects of the supply chain.

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Unleashed

APRIL 4, 2023

According to an analysis by McKinsey , machine learning has the potential to “dramatically improve” supply chain performance for consumer-packaged goods. How does machine learning improve supply chain efficiency? These datasets allow for accurate inventory management.

Case Study 52

Case Study Supply Chain Planning Software Supply Chain Software Forecasting Software 52

RFgen

MARCH 16, 2023

Supply chain management (SCM) is a critical component of any business, as it oversees the entire process of turning raw materials into finished products and delivering them to customers. It encompasses various activities, including order processing, inventory management, shipment, and customer service.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Modeling Optimization Software 52

Logistics Bureau

JANUARY 7, 2020

That figure highlights like no other how critical the interrelations are between an enterprise and its supply chain. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies. Pioneered the use of vendor-managed inventory.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 101

Supply Chain Matters

AUGUST 15, 2022

The saga of fitness hardware and services provider Peloton Interactive took yet another turn last week with an announcement of the pending closing of the company’s owned North American warehouses and the shedding of field customer support teams, along with other moves. Inventory Glut of Bicycles. West Coast were in excess of 200 days.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

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

ShipBob

SEPTEMBER 20, 2021

E2E supply chain management aims to provide a seamless workflow from one stage of the supply chain to the next. The goal is to reduce supply chain delays, improve supply chain visibility, and improve operational costs while meeting customer demand and expectations. .

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 52

Enterra Insights

JANUARY 5, 2022

Knut Alicke ( @nutalikee ), a partner at McKinsey & Company, observes that, even before the pandemic created global supply chain headaches, companies were accelerating the digital transformation of their customer journeys and value chains. ” Micro Warehouses and Last Mile Logistics. ” Storage.

Supply Chain Software 100

Supply Chain Software Supply Chain Planning Software Trends Agile and Lean Supply Chain 100

ThroughPut

APRIL 10, 2020

For manufacturers specifically, Logistics Management Software helps in the following activities: Overall supply and demand planning Effective order processing Inbound and outbound transportation management Inhouse warehouse and inventory management Fleet coordination Managing external logistics service providers.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

For manufacturers specifically, Logistics Management Software helps in the following activities: Overall supply and demand planning Effective order processing Inbound and outbound transportation management Inhouse warehouse and inventory management Fleet coordination Managing external logistics service providers.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

For manufacturers specifically, Logistics Management Software helps in the following activities: Overall supply and demand planning Effective order processing Inbound and outbound transportation management Inhouse warehouse and inventory management Fleet coordination Managing external logistics service providers.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 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