Logistics Viewpoints

FEBRUARY 3, 2022

Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend as a risk. My great-aunt Ione, who lived to be 103, quit smoking at 97, which prompted the question “why now?”

Inventory Reduction 291

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 291

The Logistics & Supply Chain Management Society

MARCH 14, 2023

With constrained and somewhat erratic demand and supply – not just of products and materials but also capacity with carriers of all modes – rates have been extremely volatile. Paying lower rates is useless if transit time reliability is less than optimum.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Logistics Viewpoints

AUGUST 7, 2023

Supply Planning Implementations are Just Harder The previous SCP implementation had not gone well. Teams will then revert back to their former tools, often times using Excel. Hypercare in most IT projects is the period of time immediately following a system Go Live where an elevated level of support is available. Count them!

Supply Chain Planning Software 176

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 176

Unleashed

MAY 9, 2024

In the same amount of time, and with the same resources, one factory produces twice as many products. It can be defined as achieving the desired output with the least amount of input – whether that’s fewer raw materials , labour, time, or energy. What is manufacturing efficiency? What is good manufacturing efficiency?

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Resource Reduction Inventory Reduction 52

Locus

MAY 20, 2024

A recent survey forecasts that retail sales will soar to $32.76 OTIF – On-Time In-Full On-Time In-Full (OTIF) is a key logistics metric that evaluates whether shipments are delivered completely and on schedule. If there is one industry that continues to scale robustly, it is Retail.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Inventory Reduction Cost Reduction Strategies Retail 52

The Logistics & Supply Chain Management Society

MAY 28, 2022

Port congestion, capacity constraints, large increases in rates across all modes, labour shortages and long delays in shipments—these are just some of the operating realities supply chain and logistics professionals face today. Will the environment improve in 2022 or get worse? Resilience through technical capability and consistency.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

QAD

MARCH 9, 2023

Only 2% of companies felt completely prepared for the pandemic and 57% reported serious disruption in a recent survey. Another survey found that the pandemic prompted many companies to move up their timelines for adopting digital technologies by three to four years. How Have Global Supply Chains Changed Since the Pandemic?

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 93

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. What is On Time in Full? OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Supply Chain Shaman

MAY 6, 2014

In the medical device industry, they have no scorecards with hospitals and they are just starting on the adoption of the GS1 standards. As shown in Figures 1 and 2, labeling, on-time shipments, and Advanced Shipment Notification (ASNs) have improved through the use of scorecards. The book, Metrics That Matter , is almost finished.

Supply Chain Software 298

Supply Chain Software Conference Supply Chain Planning Packaging 298

E2open

JULY 15, 2015

New Survey Shows Many Organizations in a Holding Pattern With VMI Program Implementation. For that type of real-time information sharing to happen, the right technologies and processes need to be in place. In fact, less than one-third (28 percent) of survey respondents said their organization currently employs VMI.

Survey 60

Survey Inventory Management Software Supply Chain Planning Software Forecasting Software 60

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) (I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) At the time, I was fascinated how the most mature teams bucked the system. Sales and Operations Maturity Model from 2005-2008.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

MAY 29, 2014

It is just mush. I just don’t think the comparison of very different industries in a spreadsheet based on growth, inventory values, and Return on Assets (ROA) is meaningful. As a result, the metrics have to be viewed together as a pattern over time. Mush is a thick cornmeal pudding boiled in water or milk.

Gartner 305

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 305

GlobalTranz

OCTOBER 10, 2017

Using technology to improve last mile metrics is essential to driving last mile costs down, but how do shippers know if the technology is helping or hurting? In fact, 72 percent of survey respondents believe it is very important to improve access to data for in-transit shipments, which includes last mile delivery.

Metrics 153

Metrics Cost Reduction Strategies Logistics Network Optimization Software Waste Reduction 153

ToolsGroup

SEPTEMBER 30, 2019

Between April and July of 2019, we surveyed 200 supply chain professionals across industries as part of our study, titled: Digital Transformation in Supply Chain Planning: On Pace or at Risk? Has your company initiated a digital transformation initiative? What’s driving you, or holding you back?

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 168

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.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Kinaxis

JULY 18, 2014

Are you looking for some reading material to pass the time on your next flight? Even if you’re not you should check out Supply Chain Insights, Supply Chain Metrics That Matter. A supply chain based so heavily on external sources is susceptible to more risk than catching a flight on time out of Newark.

Supply Chain Planning 224

Supply Chain Planning Supply Chain Design Aerospace Supply Chain Strategy 224

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.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Enterra Insights

MARCH 30, 2022

Retailers need to consider a multitude of metrics, including the role of the category in the store and across channels from the shopper’s point of view (do shoppers see it as a convenience or a necessity?) All of this must be considered with an eye toward shoppers who live around the store — not just those who walk into the store.

Trends 130

Trends Procurement Analytics Inventory Reduction Cost Reduction Strategies 130

Supply Chain Shaman

MARCH 9, 2021

Just as there are many flavors of sports teams, there are many types of supply chains. Remember the need for goal clarity, rules, and clear metrics in my opening paragraph? In fact, in many of my workshops, it was the first time that a cross-functional group of supply chain employees met in the same room.

Supply Chain Design Software 221

Supply Chain Design Software Supply Chain Design Supply Chain Software Innovation 221

GlobalTranz

NOVEMBER 21, 2017

Obstacles to fully utilizing analytics included inaccurate data , cost, and lack of timely data. stresses that “it is impossible to win over thousands of people one small analytics victory at a time. If employees don’t understand how to use the analytics or apply the results, they won’t take the time to implement the system.

Analytics Software 173

Analytics Software Procurement Analytics Agile and Lean Supply Chain Modeling Software 173

SCMDOJO

FEBRUARY 29, 2024

Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. What metrics do others (in my industry) use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

ToolsGroup

SEPTEMBER 22, 2020

Have you noticed how the clock speed of just about everything has sped up considerably in just a few years? Surveys have shown that consumers are 71% more likely to make a purchase based on social media referrals, and 47% of millennials’ purchases are influenced by social media1. retail stores. retail stores.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

Supply Chain Shaman

APRIL 14, 2013

In this time, I have worked with over 500 companies. I am afraid for many it has been just talk. To understand supply chain excellence, Abby and I have been studying pattern recognition for industry peer groups at the intersection of the metrics in the Supply Chain Effective Frontier of growth, profitability, cycles and complexity.

Gartner 268

Gartner S&OP Pharmaceutical Supply Chain Planning Software 268

Supply Chain Shaman

FEBRUARY 5, 2020

It is usually the small shifts… over time, there is degradation. Let me take you back in time. At the time, I was an optimistic teenager thinking I could change the world. The focus is to help companies to make trade-offs in the period in the longer time duration (past the order and operational horizons).

S&OP 323

S&OP Supply and Demand Forecasting Supply Chain Planning Software 323

ToolsGroup

APRIL 27, 2022

‘Blorft’ is an adjective I just made up that means ‘Completely overwhelmed but proceeding as if everything is fine and reacting to the stress with the torpor of a possum.’ Workplace stress is nothing new. Perhaps Tina Fey put it best in her wonderfully witty way, saying “I was a little excited but mostly blorft.

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

Synovos

FEBRUARY 21, 2023

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? ” Respondents to the RS and CIPS survey share this view. “It

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

HICX Solutions

AUGUST 11, 2021

Starting with the post-pandemic situation, Charlotte believes that many of the challenges are really just beginning with newly rising threats such as cyber-crime, data breaches and cyber-attacks. “I SXM Webinar Series with Art of Procurement. So, I think that the whole cost of cyber-crime has been underestimated,” she adds.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Supply Chain Matters

SEPTEMBER 22, 2023

State of Industry Supply Chains Regarding the state of industry, Eshkenazi’s observations were that industry supply chains are “ on the backside of the bullwhip effect ” with companies still managing inventories in a “ just-in-case ” environment with higher inventories and additional buffers. Well, we can’t say that anymore.

Conference 105

Conference Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software 105

ToolsGroup

NOVEMBER 27, 2018

As we approach that time of year again, we decided to run an updated version. Many companies have already started their 2019 planning and budgeting cycles, so if you are in charge of demand forecasting for your company, it’s about time to thinking about your organization's 2019 goals.

Forecasting 214

Forecasting Forecasting Software Supply and Demand Modeling 214

6 River Systems

NOVEMBER 11, 2019

General warehouse industry statistics Warehousing costs & revenue statistics Warehouse efficiency statistics Labor statistics in the warehousing industry Automation adoption in the warehousing industry Warehouse performance metrics Warehouse automation stats: General warehouse industry statistics 1. According to data from the U.S.

Warehousing 91

Warehousing Supply Chain Software Supply Chain Planning Software Optimization Software 91

Supply Chain Shaman

NOVEMBER 9, 2014

I find that many times companies have the wrong name, or a misnomer, for what they are trying to achieve. It was my first time working with this group. As I sat in the back of the room, shifting in my chair, waiting for my time to speak, I watched speaker after speaker endorse the concept of one team. I am passionate about it.

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

Alloy

APRIL 10, 2023

Instead of wondering, we conducted a survey to collect some data. Feedback came from both customers who had just started using Alloy.ai Feedback came from both customers who had just started using Alloy.ai Users of Alloy.ai and those who have happily been using Alloy.ai for over a year. for over a year. an average of 4.0

Analytics Software 52

Analytics Software Alloy Predictive Analytics Software Inventory Management Software 52

Enterra Insights

MAY 24, 2021

According to Collins English Dictionary , to “change face” means “to rotate the telescope of a surveying instrument through 180° horizontally and vertically, taking a second sighting of the same object in order to reduce error.” Most retailers now understand the importance of have a strong omnichannel strategy.

Retail 130

Retail Modeling Supply Chain Planning Software Modeling Software 130

ToolsGroup

MAY 24, 2016

Most companies segment their supply chain by breaking it down according to operational and logistical metrics. This type of segmentation lets you group customers by similar drivers and trade-offs, like price, lead time and lot size. Editor's Note: There will be no blog post next week.

Supply Chain Segmentation 159

Supply Chain Segmentation Optimal Sourcing Gartner Supply Chain Optimization 159

ivalua

NOVEMBER 26, 2019

Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. Deploying best practices is great, but just means you are doing the same thing as other high performers. Just how can you do that?

Optimal Sourcing 130

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 130

Enterra Insights

FEBRUARY 2, 2022

A survey found that 65 percent of customers are likely to speak negatively about their experience, and 48 percent who had negative experiences shared them with 10 or more other people, according to a study in a 2010 Harvard Business Review article. For most retailers, the key to providing the personal touch online is technology. They are: 1.

Supply Chain Design Software 147

Supply Chain Design Software Supply Chain Software Analytics Software Predictive Analytics Software 147

Talking Logistics

AUGUST 20, 2018

To gain insights on that question and more, Adelante SCM and BluJay Solutions conducted a web survey of supply chain and logistics professionals in March 2018. A total of 137 respondents completed the survey from Manufacturing, Retail, Logistics Service Provider, and other companies in the Americas, EMEA, and APAC.

Innovation 100

Innovation Company Cost Reduction Strategies Logistics Network Optimization Software 100