Supply Chain Shaman

OCTOBER 13, 2022

I brace myself for a late flight for a 2:00 AM arrival as the clock ticks-an echo of time lost. The larger the organizational alignment issues, the longer the decision-making time. The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. The reason?

Supply Chain Planning Software 217

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SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. By ensuring on-time deliveries and minimizing stockouts, they can directly improve customer satisfaction.

Optimal Sourcing 74

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ShipBob

FEBRUARY 3, 2023

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance.

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Supply Chain Shaman

JANUARY 31, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. Source E2open Shipping Index). in the second year of the pandemic.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Logility

AUGUST 25, 2020

Failed SCM implementation causes shipping errors. WMS failure causes Adidas to under ship by 20%. Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. Delivered full / on time. 100M in lost sales and 20% drop in stock price in one year.

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Supply Chain Shaman

FEBRUARY 7, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. Source E2open Shipping Index). in the second year of the pandemic.

Procurement Analytics 195

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Supply Chain Shaman

DECEMBER 28, 2020

We had just recovered from a recession, and my goal was to help supply chain leaders create a better supply chain by the end of the decade. At that time, Supply Chain 2020 seemed so far away. When I started my business in 2012, I frequently wrote about the future using the moniker of Supply Chain 2020. My focus was simple.

Supply Chain Planning Software 411

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GlobalTranz

OCTOBER 6, 2021

Just a few years ago, many faced repeated price increases of more than 10-15 percent over . Focusing on the transportation metrics that have the greatest impact on the supply chain can help managers stay attentive to both short-term and long-term goals and needs. . This is especially true as peak season continues to grow volatile.

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GlobalTranz

SEPTEMBER 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? . That’s an astonishing $933.30

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Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%.

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HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). . Impact on the ecosystem.

Procurement Analytics 52

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crisp

DECEMBER 15, 2021

It’s an incredibly exciting time to work in the supply chain. A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. For one, it’s time consuming. That same survey showed that up to 50% of procurement teams’ time was spent looking for data.

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The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. Just take a look at what’s been happening over the last 3-4 months. points from 44.8

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Supply Chain Game Changer

JULY 21, 2021

Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses. On-time & in-full delivery is the most telling indicator of how well your service performance is. Product Management KPIs!

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EC Sourcing Group

MARCH 12, 2023

Read more – Procurement Software Guide Metrics for supplier performance analysis Let’s look at some of the key categories and associated metrics that can be used to assess supplier performance. QUALITY: The quality of goods and services provided by the supplier, as well as the supplier’s delivery performance and accuracy.

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The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

From just being environmentally friendly, it has become a holistic framework that encompasses the environment, social and corporate governance. Over the last decade, the idea of corporate social responsibility (CSR) has greatly evolved. The logistics business, is predominantly a network business driven by our employees. Photo Credit: L’Oréal.

Resource Reduction 242

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SCMDOJO

DECEMBER 14, 2023

Time is really important in business. Studies say that 25% of customers won’t buy something unless it can be shipped in two days or less. To make things simpler, having a clear lead time definition helps in making sure orders are fulfilled on time and customers are satisfied.

Inventory Reduction 75

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ShipBob

OCTOBER 4, 2023

It involves closely tracking your inventory levels to replenish your stock at the right time and maintain inventory accuracy. However, good inventory management also requires strategic inventory reduction instead of simply procuring more goods. However, it isn’t just simply removing excess stock across the board.

Inventory Reduction 52

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Unleashed

AUGUST 20, 2023

Long lead times can hurt sales and customer retention. Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. In this lead time guide: What is lead time?

Manufacturing Procurement 52

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Unleashed

DECEMBER 11, 2022

That’s why, with so many possible variables to track, it’s critical to know which metrics matter most. However, tracking 50 irrelevant warehouse metrics is far less valuable than tracking a few hyper-useful ones. If you’re short on time, here’s a quick summary of what’s covered below.

Warehousing 98

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ShipBob

APRIL 26, 2023

How the downstream supply chain has been affected in the 2020s Just like the upstream supply chain, downstream activities have also been impacted by recent global events. In an ecommerce business, supply chain performance is one of the key factors affecting the performance of the business as a whole. Let’s get into it.

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Unleashed

OCTOBER 30, 2023

It includes tasks such as managing inventory, packing and shipping customer orders, and processing returns. Procurement and purchasing Before goods can be sold and delivered to customers, they must be produced, acquired, and prepared for sale. Once an order has been processed, the items also need to be picked, packed, and shipped.

Inventory Management Software 52

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GlobalTranz

NOVEMBER 19, 2018

Imagine you’re an executive of a large international business who has just discovered an excellent opportunity of entering a new exciting market just in time when your product design team has developed a perfect product for that market. Also, the local government’s regulations are a bit strict regarding your local footprint.

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Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 189

ShipBob

FEBRUARY 25, 2022

This involves keeping track of critical distribution metrics such as how many orders were shipped out on time because this is vital to determine how efficient their processes are, how satisfied customers will be, and whether they need to make improvements. The OTIF metric isn’t just for measuring delivery performance.

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ShipBob

NOVEMBER 24, 2023

It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more. It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more. Treating all stock the same can quickly lead to costly inefficiencies like overstocks and stockouts.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

Freightos

APRIL 24, 2018

Today, the go-to metric for that question is typically Standard & Poor’s 500, the Nikkei, or the Dow Jones Industrial Average (a shockingly poor indicator , if you look closer). Nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and make decisions accordingly. The driver?

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OptiProERP

MARCH 15, 2022

The production schedule is a versatile and important document that focuses on planning, forecasting, predicting, and meeting demands on time. It ensures raw materials, machines, and resources are available to produce finished products on time. . Execution is the process of implementing the plan to save time and increase accuracy.

Manufacturing Procurement 78

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NC State SCRC

MARCH 25, 2021

By now many of you have heard about the “Ever Given”, which has been stuck in the Suez Canal since Tuesday, and is blocking all container ships trying to get through with their cargo. For many years, as we moved to low cost countries, the shipping industry benefited. It may take weeks, by some estimates.

Agile and Lean Supply Chain 52

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ShipBob

DECEMBER 13, 2023

You might say, “I’ll just order plenty of inventory and wait until it sells out.” In this scenario, you face the risk of stockouts, which can be just as detrimental to your business as overstocking. In this scenario, you face the risk of stockouts, which can be just as detrimental to your business as overstocking.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Talking Logistics

FEBRUARY 18, 2015

Financial data and visibility into the costs associated with shipping are critical to improving corporate financial performance. Total cost management is just one part of supply chain visibility, but a very important part based on the financial impact that shipping has on the organization.

Supply Chain Visibility 100

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Supply Chain Matters

OCTOBER 12, 2022

contraction threshold which is noted as the first time this has occurred since the depths of the global pandemic in 2020. contraction threshold which is noted as the first time this has occurred since the depths of the global pandemic in 2020. Report authors indicated that the September decline was quite broad-based.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

ShipBob

SEPTEMBER 24, 2021

Warehouse key performance indicators (KPIs) are metrics associated with warehouse performance. For instance, there has been a lot of advancements in digital warehousing that help to cut out mundane tasks by automating them, which eliminates time-consuming manual work, saving thousands of man-hours.

Optimal Sourcing 52

Optimal Sourcing Warehousing Inventory Reduction Inventory Management Software 52

GlobalTranz

FEBRUARY 6, 2017

Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017. For example, Johnson & Johnson procurement professionals actively review market trends before making purchases.

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ShipBob

MARCH 9, 2022

A key step to optimizing your order management process is by improving the order cycle time. In this post, we’ll take a closer look at what order cycle time is, why it’s important, and how to improve it for your business. What is order cycle time? Why is order cycle time important? Measuring readiness to scale.

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ThroughPut

FEBRUARY 23, 2024

Just about everyone in the supply chain gets negatively impacted by wrong forecasts. Just about everyone in the supply chain gets negatively impacted by wrong forecasts. You can comprehend market dynamics and shifting customer preferences in real-time. Inventory pile-ups. Unsold products on store shelves.

Predictive Analytics Software 59

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Resilinc

FEBRUARY 22, 2021

A common challenge for procurement and supply chain professionals is obtaining support from C-level leaders to invest in a robust supply chain risk management (SCRM) program. But to make their strongest case, SCRM advocates need to focus on one key metric: return on investment. ROI analysis: core to a strong business case.

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Supply Chain Risk Management Risk Management Supply Chain Design Software Agile and Lean Supply Chain 62

SCMDOJO

AUGUST 16, 2023

The company has implemented sophisticated barcode scanning and point-of-sale systems to collect real-time data from its stores. 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

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