Intelligent Audit

OCTOBER 27, 2022

Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. Examples of Big Data in Logistics Uses.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Precoro

JULY 16, 2023

At the heart of the whole process is the purchasing manager – a supply chain and logistics professional who works to secure the required materials, goods, and services necessary for running the business. Emergency Purchase Rate This KPI helps purchasing managers measure how successful they are at handling unforeseen procurement needs.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Logistics Bureau

DECEMBER 14, 2021

Watch this: Related articles on this topic have appeared throughout our website, check them out: KPIs for Your Warehouse: How to Choose and Use Them. KPI Key Performance Indicators in Supply Chain & Logistics. 11 Golden Rules for Meaningful Supply Chain KPIs.

Supply Chain Strategy 78

Supply Chain Strategy How To Supply Chain Optimal Sourcing 78

Logistics Viewpoints

DECEMBER 5, 2022

Mr. Eberle is the vice president of logistics and distribution operations at Molex. Mr. van den Eijnden is the director of global logistics operations planning and systems at Molex. And changes to the ETA are often reported much more quickly by Nexus than by logistics partners. This involves a lot of long-haul transportation.”

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Supply Chain Game Changer

JULY 21, 2021

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Cash to Cash Cycle Time (Cash).

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Zipline Logistics

JUNE 15, 2021

Because of the changes to the retail and CPG industries, forward-thinking sporting goods shippers are looking to logistics as a differentiation strategy. As industries evolved to meet the needs of modern consumers, the supply chain has become a reliable source of competitive advantage.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Logistics Network Optimization Software Optimal Sourcing 52

SYSPRO Smarter ERP

NOVEMBER 3, 2021

The SCOR (Supply Chain Operations Reference) methodology has six high-level business activities that define the supply chain – plan, source, make, deliver, return, and enable. Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

AIMMS

MARCH 2, 2021

S&OE] deals with all the issues stemming from actual demand and supply (source: Gartner ).”. In this case, visibility data was obtained from the company’s ERP and data warehouse, and through a direct interface with their Logistics Service Provider (LSP). How many data sources are typically connected to S&OP and S&OE apps?

Modeling 207

Modeling Optimal Sourcing AIMMS S&OP 207

ToolsGroup

MARCH 17, 2021

Starting from pre-implementation we align on target key performance indicator (KPI) levels and benchmark progress to accelerate time to value. In a world that rarely plays by the rules, Michael and Stefano embody ToolsGroup’s relentless focus on delivering value to customers,” said ToolsGroup CEO Joseph Shamir.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

DELMIA Quintiq

MAY 17, 2023

It can also ensure that perishable products are processed on time to avoid waste; The process of Production Scheduling can be used to avoid setup or cleaning between different products, to save energy and cleaning liquid; The process of Logistics Planning enables companies to optimize routes and the loading of means of transportation (e.g.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Sustainability 156

ShipBob

JANUARY 28, 2022

To shorten your lead times, be sure to take the time to source the right suppliers and manufacturers — find a local supplier, work directly with your source manufacturer, or consolidate vendors to reduce time spent coordinating POs. . One way to improve this KPI is to increase your product markup. Stock availability.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

SCMDOJO

JULY 3, 2023

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. Take into account things like your current skill level, desired improvement areas, and professional objectives. Procurement and Purchasing Cycle Lesson 7.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

SCMDOJO

NOVEMBER 17, 2023

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. These include: Capacity Planning: Ensuring timely availability of resources, such as manufacturing capacity and distribution center capacity, to meet logistics and supply chain needs.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

GlobalTranz

JULY 7, 2015

However, technology can be used to turn what seemed as losses into standby sources of revenue. Such tools, like the Cerasis Reverse Logistics product , which is newly released, allow an employee to procure and dispose of surplus product from more than one location. 4 Core Benefits of Deploying a Reverse Supply Chains Process.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Material Savings 120

Material Handling & Logistics

DECEMBER 14, 2018

Today’s supply chains are increasingly complex, driving logistics operations to invest billions in systems to manage all the moving parts. It arrives from an array of sources, and it is presented in a variety of formats. Mistrust of data and analytics tools is not just a supply chain and logistics issue.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

SCMDOJO

MAY 13, 2022

2020 will live long in the memory as a year that was overshadowed by a remorseless pandemic causing untold disruptions for the container, logistics and ports industry across the world. Supply Chain KPI Dashboard. Source: project44 Monthly report.

Supply Chain Design Software 83

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Design 83

GlobalTranz

OCTOBER 29, 2015

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. The Reiterated Importance of Understanding and Managing KPIs in Business and Logistics Management.

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

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. To find out, you’ll need to track Key performance Indicators, or KPIs, for your retail business. What is a retail KPI? Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

GlobalTranz

MARCH 23, 2016

To start you must have the KPI's visual along the value stream. In order to be daily, the KPIs need to get down to ownership by the workers within the value stream. If heat is known to vary causing defects when special causes arise then you should see an effect on the overall quality (the next level KPI). Intrieri Consulting.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

GlobalTranz

APRIL 25, 2016

Customer Service Levels : When it comes to how a shipper defines the value of a logistics provider or 3PL to the bottom line, there are often several Key Performance Indicators (KPIs) and Logistics Metrics taken into consideration. Read more. . Read More. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

SCMDOJO

APRIL 4, 2023

To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources. This involves examining and enhancing processes like sourcing, manufacturing, logistics, inventory management, and delivery.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Cathy Roberson

APRIL 6, 2022

A good view into 'Spend Cube' & its components, suppliers, categories sourced, risk arnd sourcing geos (geopolitics etc), commodity price trends that may need forward buying - all roll up to improved upstream SC visibility. #E2E, esp critical upstream where the supply of supply chains begin, must start with the #PO.

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

Supply Chain Game Changer

SEPTEMBER 30, 2020

There are 3 things you need in order to modernize supplier evaluation, and truly gain data-driven buyer insights, and those are as follows: Clear KPIs / Supplier Evaluation Criteria (the What) Find the right Data Sources (the Where) Build Business Intelligence (the How?). Finding the right Data Sources.

Procurement Analytics 53

Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 53

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. What is Logistics and Supply Chain Management?

Supply Chain Planning Software 131

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 131

Unleashed

JANUARY 10, 2023

That’s why you need to ensure you’ve got systems in place to collect key data relating to purchasing, logistics, inventory, and sales. Supplier optimisation Supplier optimisation involves sourcing and procuring the best vendors for the various parts, products, software, and services you need to run your business.

Supply Chain Planning Software 52

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

RFgen

AUGUST 12, 2020

In each, warehouse automation technologies, such as mobile barcoding and automated data collection , have helped companies reduce spend and improve KPI performance. Nestle Incorporates Warehouse Logistics to Improve Coffee Supply Chain. Each of these businesses continues to thrive and adapt today.

Supply Chain Software 55

Supply Chain Software Beverage Food Supply Chain Design Software 55

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. Cost of inbound logistics is not taken into account.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

RFgen

AUGUST 12, 2020

In each, warehouse automation technologies, such as mobile barcoding and automated data collection , have helped companies reduce spend and improve KPI performance. Nestle Incorporates Warehouse Logistics to Improve Coffee Supply Chain. Each of these businesses continues to thrive and adapt today.

Supply Chain Software 52

Supply Chain Software Beverage Food Supply Chain Design Software 52

Shipchain

MARCH 28, 2019

So far, we have been overwhelmed with the amount of interest in what we’ve built, and we are so ready to watch it transform the world of shipping and logistics as we know it. We have seen a keen interest from the food, pharmaceutical, medical, gas, and logistics industries thus far. Welcome to the future of decentralized logistics!

Report 52

Report Supply Chain Network Software Supply Chain Planning Software Logistics Network Optimization Software 52

BlueYonder

APRIL 16, 2015

The logistics function becomes more professional and enables planning processes connecting the entire supply chain, from the forecasting department through distribution, production and sourcing. Logistics costs become a key area of concern, as they eat into the company’s profit margins, and service becomes a measurable KPI.

Sourcing Strategies 40

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Modeling 40

Requis

JANUARY 9, 2020

Digital twins promise more accurate and effective KPI reporting and have the potential to dramatically alter how businesses plan and adapt to change. According to CBInsights, investment in supply chain and logistics startups has been rising since 2014, and enjoyed a 70% increase in 2016 vs 2015 alone. trillion counterfeit market ($2.3

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 52

Logistics Viewpoints

APRIL 19, 2023

By integrating all of these steps, companies can create a single source of truth, which makes decision making faster and more agile. In the digital step, companies integrate all data sources to consolidate data on a cloud platform. The post Solvoyo and the Art of Autonomous Planning appeared first on Logistics Viewpoints.

Supply Chain Planning Software 219

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 219

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. This includes internal and external data sources.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 261

EcoVadis

FEBRUARY 28, 2016

This is creating a ‘triple-whammy’ of imperatives for procurement teams — and their trading partners — to monitor and manage risk, while at the same time exposing new sources of value that will be the key differentiators in the future. Additional data such as sustainability indicators, can be attached at each step in the chain.

Procurement Solutions 40

Procurement Solutions Supply Chain Network Software Demand Planning Software Logistics Network Optimization Software 40

ThroughPut

JUNE 24, 2022

Mounting expectations of supersonic speed and efficiencies between suppliers and business partners of all types further underscores the need for the industry to leverage the prowess of the Artificial Intelligence (AI) in supply chains and logistics. Benefits of AI-Powered Supply Chains. 1) BOLSTERING PLANNING AND SCHEDULING ACTIVITIES.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

NC State SCRC

JUNE 27, 2017

They may provide specific KPI benchmark levels for a process (in such terms as percentage cost savings). However, I’d like to suggest that different KPI’s could be applied in different situations. > Logistics cost. > So, as you see it isn’t easy to justify procurement based on Total Shareholder Return.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

GlobalTranz

MAY 4, 2016

Most industry experts rate the cost of logistics as very costly. According to a National Cooperative Freight Research Program report, Performance Measures for Freight Transportation , the following graph breaks down how other respondents rate the cost of logistics. Federal Power Over Freight Management KPIs.

Freight 120

Freight Procurement Analytics Sourcing Strategies Cost Reduction Strategies 120