Remove Inventory Remove Shipping Remove Supply Chain Performance Remove Transportation
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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

Is cost reduction all that there is in measuring Supply Chain performance? Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. Review Inventory turns and Return on Assets.

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How an ERP can help order fulfilment

SYSPRO Smarter ERP

This process involves multiple stages, including receiving the order, getting parts and materials, manufacturing or assembling the items, picking and packing in the warehouse, shipping, and tracking the shipment to ensure successful delivery. With accurate inventory data, businesses can avoid stockouts, and reduce the costs of overstocking.

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5 Global Transportation Themes to Look Out for in 2015

Talking Logistics

Two major shifts are changing the face of global transportation management as we know it: Supply chains are becoming increasingly complex, relying on partners and data beyond the four walls of the enterprise; The very definition of global transportation management is broadening and expanding well beyond the traditional TMS scope.

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Supply Chain Department – A Typical Structure

SCMDOJO

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. Functions of the Supply Chain Department The supply chain department is responsible for a wide range of functions, each contributing to the overall efficiency of the supply chain.

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Track the Supply Chain Metrics that Really Matter

Precoro

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. Inventory is one of the most important assets of any company, as it’s the basis for generating revenue.

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Retail Sales and Operations Teams Need to Up Their Game in Inventory Management Agility and Responsiveness

Supply Chain Matters

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. .

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What is OTIF? Meaning, Calculation, & How to Improve

Unleashed

However, OTIF measures the delivery performance of complete orders shipped on time, whereas OTD focuses solely on the timeliness of deliveries, regardless of order completeness. This can happen when you prioritise shipping dates over order completeness or speed over accuracy.