Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 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. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

crisp

DECEMBER 15, 2021

At last week’s Supply Chain Summit, Crisp’s Head of Supply Chain Barry Bradley gave brands a step-by-step guide to running a data-driven operations team. It’s an incredibly exciting time to work in the supply chain. Why is data so critical in supply chain management?

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. Lucky for you.

Supply Chain Planning Software 70

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

SCMDOJO

APRIL 4, 2023

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

Prescriptive Analytics Software 110

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

Silvon Software

SEPTEMBER 26, 2023

In this 3-minute post, we examine some key business objectives and cascading KPIs that can be used to analyze performance to the objectives. While many of the KPI examples focus on performance management for manufacturing and distribution businesses, they also apply to numerous other industries with similar operational structures.

Procurement Analytics 94

Procurement Analytics Optimal Sourcing Manufacturing Procurement Inventory Reduction 94

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). 714-788-0744-PST.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Logistics Viewpoints

DECEMBER 5, 2022

Digital Twin from Infor Nexus Drives Supply Chain Agility for Molex. The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. The Molex Supply Chain. The Molex global supply chain is complex. It is part of Koch Industries.

Agile and Lean Supply Chain 196

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

Unleashed

JANUARY 10, 2023

Supply chain planning is the key to coming out on top. Optimising your supply chain processes will give your business the best chance at thriving in a competitive landscape. In this supply chain planning guide: What is supply chain planning? And it all starts here.

Supply Chain Planning Software 52

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

GlobalTranz

JULY 7, 2015

Recovering your assets is a difficult task no matter what your occupation with reverse supply chains in the marketplace. Effective Reverse Supply Chains. With creating the product being only a small portion of the business, many businesses invest time into making methods for an effective supply chain.

Supply Chain Planning Software 120

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

GlobalTranz

APRIL 25, 2016

The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Isn’t time important?

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Silvon Software

FEBRUARY 23, 2023

Other industries will focus on developing or enhancing their risk assessment plans to identify emerging threats within their supply chains and other areas. A KPI may track market share growth with an associated KRI that monitors associated risks like downward customer purchasing trends or new competition.

Procurement Analytics 64

Procurement Analytics KPI Analytics Software Supply Chain Planning Software 64

ThroughPut

OCTOBER 20, 2022

the Industrial AI Supply Chain pioneer, today announced the addition of powerful geospatial capabilities to its Logistics and Distribution Module. At ThroughPut, we call this Dynamic Supply Chain Rationalization ,” explained Alla Anashenkova, Head of Product of ThroughPut Inc. Tina Jacobs. pr@throughput.ai. ThroughPut.ai

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Optimization 52

DynaSys

MARCH 17, 2020

When we left our account of mid-market manufacturer Superior Thermodynamics (ST), the company was weathering a tremendous escalation of the US-China trade war and faced the following questions: . A manufacturer’s trade war survival kit should not be without the right decision-making systems. How can ST maintain necessary cash flow?

Supply Chain Planning Software 93

Supply Chain Planning Software Scenario Planning Modeling Analytics Software 93

Supply Chain Game Changer

NOVEMBER 16, 2022

Subscribe to Supply Chain Game Changer. Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. But there is the reality of automation in Procurement.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Requis

JANUARY 9, 2020

It’s the decade we’ve decided to call the “Decade of Supply Chain”, because we truly feel that the next ten years will see supply chain take its rightful place at the heart of business organizations and at the heart of discussions about business optimization world wide. Digital twins.

Supply Chain Planning Software 52

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

SupplyShift

JUNE 2, 2021

Who could forget the Barbie deforestation scandal of 2011 , when Greenpeace discovered that toy manufacturer Mattel was sourcing packaging material from a supplier clearing rainforests from critical wildlife areas. . ESG accountability is closely linked to the concept of “responsible supply chains.” The Future of ESG .

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 52

NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. They may provide specific KPI benchmark levels for a process (in such terms as percentage cost savings).

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Unleashed

DECEMBER 11, 2022

Put simply, Warehouse KPIs measure how efficiently your warehouse is performing. For example, the warehouse KPI ‘Receiving accuracy’ can determine if your receiving process is as accurate as you need it to be. How to improve order lead times: Procure reliable carriers and suppliers. Carry a sufficient volume of safety stock.

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

ShipBob

FEBRUARY 25, 2022

Ecommerce businesses need to closely monitor their performance across the supply chain so they can optimize their processes and increase efficiency. OTIF or On-Time In-Full is a KPI used for measuring how many orders were delivered on time and in full. When it’s time to track OTIF as a KPI.

Optimal Sourcing 52

Optimal Sourcing Real-time Visibility Procurement Analytics Supply Chain Planning Software 52

SupplyShift

JUNE 2, 2021

Who could forget the Barbie deforestation scandal of 2011 , when Greenpeace discovered that toy manufacturer Mattel was sourcing packaging material from a supplier clearing rainforests from critical wildlife areas. ESG accountability is closely linked to the concept of “responsible supply chains.”

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 40

EcoVadis

APRIL 17, 2015

If you are in procurement, the next question you might ask is: “How do these prices affect a company’s supply chain?” While Scope 3 emissions include various sources of indirect GHGs, this blogpost zooms onto supply chain emissions, or embedded carbon. 2) Cost savings. 3) Regulatory readiness.

Price Reduction 40

Price Reduction Cost Reduction Strategies Material Savings Manufacturing Procurement 40

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Every KPI needs a clearly defined goal. Supplier KPIs.

Optimal Sourcing 113

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 113

Unleashed

NOVEMBER 20, 2023

Supply chain optimisation helps manufacturing businesses drastically reduce operational costs to improve revenue and customer satisfaction. In our latest Supply Chain Roundtable, four experts share their advice and experience around optimising the manufacturing supply chain.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

ShipBob

FEBRUARY 3, 2023

In this article, we’ll take a closer look at the most important KPIs to track in the retail industry, how to track them, and how to leverage them to benefit your retail business. What is a retail KPI? A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing.

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Synovos

MARCH 11, 2024

The Benefits of Outsourcing MRO Integrated Supply Chain for Food Manufacturers When RS Integrated Supply first started managing Maintenance, Repair and Operations (MRO) for one US food manufacturer, the client was a fledgling company. “I The hike in energy prices has had a big effect on this sector,” says Hilton.

Manufacturing Procurement 52

Manufacturing Procurement Food Manufacturing Material Savings 52

Logistics Bureau

DECEMBER 20, 2016

Despite the apparent complexities involved in supply chain management, achieving excellence really doesn’t have to be too difficult. Just review and build on our three fundamental pillars of great supply chain management. Pillar 1: Supply Chain Service Alignment. The Importance of Alignment.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

Logistics Bureau

NOVEMBER 27, 2016

While I’m a firm believer that innovation, not emulation, is the way forward for any company wishing to differentiate through its supply chain, I also believe that reinventing the wheel is something to be avoided if possible. 4 Leading Operators with the Supply Chain X-Factor. The Sustainability Drive.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

ThroughPut

JUNE 4, 2020

Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. What is Inventory Optimization? Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. What is Inventory Optimization? Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Unleashed

JULY 23, 2023

Key Performance Indicators (KPIs) help manufacturers determine operational strengths and flaws. By tracking the right manufacturing KPIs in your production operations you can accurately monitor performance to ensure the consistent and timely delivery of quality products.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

RFgen

MAY 16, 2023

Inventory drives the supply chain, ensuring the right amount of stock is available in the right place at the right time. But as supply chains continue to get more complex each year, delivering on target and on time becomes more difficult. These insights are critical to procurement and warehouse management.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? The answer is simple: through KPIs. Procurement KPI Categories.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

SCMDOJO

JANUARY 17, 2024

Managing the supply chain involves the delicate art of aligning your product supply precisely with customer demand. That is to say, there isn’t one single career in supply chain management. That is to say, there isn’t one single career in supply chain management. Planners do exactly that.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69

Supply Chain Movement

MAY 19, 2016

This will have a massive impact on the supply chain,” says Johannes Giloth, senior vice president operations, Nokia Networks. As senior vice president operations, I am the business owner of all operations from demand planning to execution, procurement to manufacturing. What is your responsibility? “As We have to be lean.

Supply and Demand 60

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 60

DELMIA Quintiq

SEPTEMBER 16, 2021

Meeting these objectives, on top of addressing existing industry challenges, requires steel manufacturing companies to become more efficient and flexible in their operations—and this means optimizing their master production schedules. As your steel manufacturing operations transform, so too will the complexity of your planning needs.

Optimal Sourcing 287

Optimal Sourcing Supply Chain Optimization Network Optimization Optimization Software 287

Logistics Viewpoints

APRIL 19, 2023

In this conversation, Asena and I talked about autonomous planning in supply chain. Second, what is autonomous planning in supply chain, and what are some practical examples? DC procurement is also automated by aggregating the needs of the MFCs. I asked Asena to give some deeper insights on a few key points.

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Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 220