Supply Chain Game Changer

MAY 5, 2021

Resilience article and permission to publish here provided by Sam White at Argentus. Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. Just-in-time” production has become a hallmark of today’s Supply Chains.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

Logility

JANUARY 16, 2018

I was guilty of this from time to time when I led a demand-planning group because we were evaluated on forecast accuracy as one of our key metrics. I was guilty of this from time to time when I led a demand-planning group because we were evaluated on forecast accuracy as one of our key metrics.

Supply and Demand 102

Supply and Demand Demand Planning Software Forecasting Supply Chain Planning Software 102

6 River Systems

AUGUST 19, 2020

A white paper published by DHL found that inefficient handling of supply chains causes high costs, wasted resources, and reduced agility. Since every business is connected with technologies like ERP software, it is easier to implement such solutions and have the complete supply chain adapt readily to demand shifts.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 59

synchrono

JANUARY 31, 2017

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. Mark also writes: “Metrics that have the attention of business and manufacturing leaders tend to be those that get measured and improved upon by their employee teams.”. Metrics for Action. Count the cost.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

Logility

AUGUST 17, 2016

This is where you should focus your precious time and resources to create the greatest value: Accurate demand forecasts lay the foundation for an effective supply chain. Chemical manufacturers are faced with shrinking margins and cannot afford to put the wrong product in the wrong location at the wrong time.

Material Savings 100

Material Savings Inventory Reduction Expense Reduction Resource Reduction 100

NC State SCRC

DECEMBER 30, 2018

This effort was led by the Chief Procurement Officer for Siemens BT, Carl Oberland, but has recently been rolled out across the global organization. In addition, Carl assigned a person who could work on access databases, and began by combining procurement data for 5 divisions into a single database.

Procurement Analytics 60

Procurement Analytics Analytics Software Predictive Analytics Analytics 60

Logility

AUGUST 23, 2016

Most likely the company will still need to forecast raw materials, purchased components, and/or sub-assemblies to be able to meet customer demand. In most cases the lead time for the materials to build a finished product is longer than the lead time a customer is willing to wait for that finished product. Spreadsheet Sabotage.

Forecasting 100

Forecasting Forecasting Software Supply and Demand Inventory Reduction 100

Zipline Logistics

MARCH 18, 2020

Sam’s Club stepped up its on-time, in-full (OTIF) expectations for its suppliers and, in some instances, exceeded standards set by its parent company, Walmart. It currently just uses on-time metrics to grade suppliers and the store’s retail buyers can base purchasing decisions on a brand’s delivery performance.

Vendor Strategies 52

Vendor Strategies Procurement Analytics Buyer Training Supply Chain Planning Software 52

synchrono

JUNE 19, 2017

Jessica Twentyman reported in the Financial Times , that for many manufacturers, supply chain collaboration is stuck in the dark ages. Supply chain visibility means all partners get access to – and share data – in real-time. Visibility to all orders allows suppliers to proactively respond to demand signals.

Real-time Visibility 83

Real-time Visibility Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 83

6 River Systems

DECEMBER 5, 2019

The modern warehouse is complex, and management must balance a number of factors including software, automation, training and processes such as receiving, picking and inventory management. A global home goods retailer implementing Chuck by 6 River Systems realized a 62% increase in pick rates in just three months.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

Infosys Supply Chain Management

AUGUST 10, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. White Papers. |. Discuss the latest trends and solutions across the supply chain management landscape. Business Process Outsourcing. Customer Service. Finance & Accounting. Human Resources.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Innovation 28

GlobalTranz

MARCH 24, 2015

Given that our proprietary TMS, the Cerasis Rater , provides multiple reports, giving our shippers’ many insights, this post is quite appropriate, just like getting the data that is meaningful , in order to make the best decisions for your business possible. . Payments on leased/purchased trucks and trailers represent 11% of costs.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

The Logistics of Logistics

FEBRUARY 22, 2013

The LTL carrier scorecard with key process indicators (KPI) is an excellent tool for measuring and managing LTL performance and LTL carrier performance. Perhaps this is why, so many LTL shippers make purchasing decisions based on price alone. Key Process Indicators vs. Metrics. On time performance, 2.)

Cost Reduction Strategies 101

Cost Reduction Strategies KPI Price Reduction Expense Reduction 101