GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Proper vetting of carriers helps ensure risk management, and creates?are

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Yet, only 20% of companies actively manage supplier development programs to get cash to suppliers in need. Cash-to-Cash Metrics.

Optimal Sourcing 232

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 232

GlobalTranz

JULY 20, 2015

Importance of Metrics in Reverse Logistics Management. To monitor progress against its reverse logistics management plan, a company needs metrics that measure the financial impact of returns on the firm and on other members of the supply chain. Greater customer service and higher retention levels.

Reverse Logistics 120

Reverse Logistics Supply Chain Planning Software Supply Chain Network Software Optimization Software 120

SCMDOJO

JULY 24, 2023

Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Elementum

FEBRUARY 7, 2024

Inventory Management: Precision and Efficiency through Automation AI and ML transform inventory management by predicting stock levels, automating reorder processes, and optimizing warehouse organization. Common performance metrics include process completion rate and the number of automated tasks.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Supply Chain Matters

AUGUST 8, 2022

Interestingly, the downshifts we observed in transportation metrics were much more muted in the last week of July, leaving open a possibility for a bit of recovery as we move towards peak season. Warehousing and Inventory metrics continue to buoy the logistics sector. Additional Supply Chain Matters Perspectives.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

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. They can avoid bottlenecks and inventory shortages. What is JIT inventory management?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

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. Organizations must understand their suppliers’ previous performance and the risks they pose to the supply chain.

Supply Chain Planning Software 52

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

Supply Chain Shaman

MAY 1, 2014

As hospitals adopted consignment planning programs, inventory progress slowed. The turns are the lowest of any industry, and despite investments in technologies and processes, inventory turns have only improved 3%, and Cash-T0-Cash (C2C) cycles have declined 4%. Yet, the attendees wanted to discuss Lean warehousing.

Supply Chain Planning Software 289

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 289

Supply Chain Shaman

MAY 13, 2015

So when the warehouse team threatened to unionize, I transferred into a distribution, warehouse environment. I knew nothing about the world of logistics, inventory management and order optimization. I knew nothing about the world of logistics, inventory management and order optimization. The year was 1985.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

QAD

MAY 16, 2019

MMOG/LE is used by automotive customers to select and evaluate production and parts, service and warehousing processes. The assessment also establishes a common definition of supply chain management processes to help organizations: Determine the robustness of existing internal processes. or need help managing the process.

Supply Chain Planning Software 100

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 100

RFgen

FEBRUARY 15, 2023

Risk management: Identifying and mitigating risks in the continuous flow of goods and services. WATCH NOW: Learn the 3 hidden costs of manual warehouse processes » Consider bringing in outside help But conducting this type of assessment is very difficult to do internally.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

GlobalTranz

MAY 24, 2016

The Ideal TMS Helps Complete Warehouse Management. A poorly functioning warehouse is tantamount to a poorly functioning supply chain. The ideal TMS can maximize the efficiency of a warehouse and directly affect inventory management. Mobile Access to KPIs and Metrics. Reduced Training Costs.

Purchasing Training 137

Purchasing Training Negotiating Skills Supply Chain Design Software Forecasting Software 137

Veridian Solutions

OCTOBER 11, 2018

Warehouse managers must understand how to write a successful business case for a WMS focusing on all opportunities for return on investment , maintaining a stringent structure, and a few tips for streamlining the process. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Download WhitePaper.

Resource Reduction 53

Resource Reduction Cost Reduction Strategies Inventory Reduction Supply Chain Planning Software 53

Unleashed

MARCH 23, 2021

When goods arrive, a materials manager will oversee the unloading process and ensure that each item purchased is inspected, uploaded to the company’s data system, and has arrived undamaged. Storage and inventory management. Inventory management is about a lot more than just keeping a tidy warehouse.

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

Unleashed

JULY 23, 2020

Inventory reporting is the pits, right? The pits, as in, no one has ever said “ I wish my inventory reporting wasn’t over for this month! ”. Or “ I really fought to keep inventory reporting in my role – I love that part. ”. Not reporting on inventory? Taking a step back for a moment: what is inventory reporting?

Inventory Reduction 64

Inventory Reduction Report Inventory Metrics 64

Supply Chain Matters

AUGUST 18, 2022

Supply chain planning and response management technology provider Kinaxis announced this week the completion of the acquisition of MPO , a provider of a B2B SaaS based platform supporting multi-party orchestration of order fulfillment, inventory and transportation services management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Prescriptive Analytics Software 52

Veridian Solutions

NOVEMBER 19, 2018

A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Better risk management strategies. Improved inventory management, reducing instances of overstocking and under stocking. needs warehouses to abandon their legacy systems and move into the digital age with integrated, comprehensive platforms.

Omnichannel 65

Omnichannel Vendor Strategies Resource Reduction Modeling Software 65

Supply Chain Opz

JUNE 1, 2014

This section will cover JIT and outsourcing by Apple Inc, Supply Chain Risk Management by Cisco System, Technology Roadmap by Intel, Supply Chain Network Model by HP, Mass Customization by Dell and Quality Management by Sam Sung. 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

QAD

OCTOBER 4, 2023

With supply chain management analytics software, companies can improve decision making, take a proactive approach and quickly mitigate issues before they explode into bigger problems. This corrects common issues of having too little or too much inventory, reduces errors, and increases profits.

Prescriptive Analytics Software 52

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

Unleashed

MARCH 9, 2021

Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. This is often managed with the help of supplier management software or inventory management software. In this post, we’ll unpack ten top procurement metrics and why they matter.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

SCMDOJO

DECEMBER 11, 2023

Improved Supplier Relationships: Procurement reports enable organizations to evaluate and manage relationships with suppliers more effectively. By assessing supplier performance metrics, such as on-time delivery, quality, and responsiveness, companies can identify high-performing partners and address issues with underperforming ones.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Unleashed

MARCH 16, 2021

Ordering, managing stock and inventory. Managing storage facilities and warehouse operations. Lay the foundations for maintaining accurate inventory levels, as well as scheduling purchasing if required. Develop a risk management strategy. Liaising with suppliers and negotiating with new suppliers.

Purchasing Skills 59

Purchasing Skills Manufacturing Procurement Procurement Solutions Procurement Analytics 59

NC State SCRC

DECEMBER 8, 2019

This included: Developing playbooks and contingency plans to address your most pressing risks. Evaluate structural changes in your supply base that could reduce risk exposure. Go digital: Explore the potential of dedicated supply chain risk management solutions. When it is not in motion, it is classified as inventory.

Supply Chain Design Software 52

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

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 95% of supply chain executives report having a formal supply-chain risk-management process following Covid-19. Wall Street Journal ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Unleashed

JANUARY 16, 2024

Landed cost is a crucial metric for understanding profitability at the product level. It includes any raw materials, freight, customs duties, insurance, warehousing, and related fees and overheads. It may or may not account for production costs too, depending on your business and the inventory accounting methods you employ.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

Supply Chain Shaman

APRIL 7, 2016

It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. In a similar vein, their forecasts for the automotive market would have been on new automotive sales and dealer inventory. 4) Supplier Risk Management. I am not quite sure. It evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Supply Chain Shaman

NOVEMBER 15, 2021

Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. Much of the inventory on the ships at sea will miss the essential seasonal windows. Retail shelves are increasingly empty.

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 278

Supply Chain Shaman

NOVEMBER 15, 2021

Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. Much of the inventory on the ships at sea will miss the essential seasonal windows. Retail shelves are increasingly empty.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. Much of the inventory on the ships at sea will miss the essential seasonal windows. Retail shelves are increasingly empty.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

The Logistics & Supply Chain Management Society

JULY 23, 2020

Risk assessment will be focused agenda in Board Room : Risk assessment would be a primary agenda in most bord rooms where high-level guidance would be provided on expected outcomes. Case Study Risk management: The All England Club. Case Study Agility: ZARA.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

Unleashed

JULY 10, 2023

S&OP aims to establish an integrated plan for the following activities: Sales Marketing Finance Production Procurement Supply chain management Inventory management Demand planning Inventory planning Materials planning S&OP is designed to ensure all the different business teams are working together to maximise efficiency and profitability.

S&OP 40

S&OP Supply and Demand Supply Chain Planning Software Inventory Reduction 40

Elementum

FEBRUARY 7, 2024

Enhancing Business Operations Logistics Management: AI-driven automation revolutionizes logistics by optimizing routing and fleet management, reducing costs, and forecasting disruptions, thus enhancing efficiency and customer satisfaction. Can you provide examples of digital process automation in different industries?

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

GlobalTranz

MAY 6, 2015

There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success. o Space—holding places for unnecessary inventory. o Inventory—inactive raw, work-in-process, or finished goods.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

Infosys Supply Chain Management

AUGUST 10, 2012

Discuss the latest trends and solutions across the supply chain management landscape. « Oil operators and Oil services firms - time to dissolve internal walls | Main | Enabling individual item picking in tomorrows warehouses » Rapid Innovation will Differentiate the Future of Retail Industry. Guest Post by Bob Ferrari.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Innovation 28

6 River Systems

JUNE 29, 2020

Warehouse managers face numerous challenges, as well, such as the need to keep goods flowing in and out of the facility while enabling associates to practice social distancing measures. Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116