Silvon Software

APRIL 19, 2022

To generate true, actionable insights, it is crucial to deploy KPI metrics together with a single source of truth to produce actionable insights that can drive performance results. I also suggest to our clients that they keep the following basic principles in mind relative to their KPI strategies. Supplier KPIs.

Optimal Sourcing 113

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 113

SCMDOJO

JUNE 6, 2023

This Distribution Operations Assessment tool can be used by Original Equipment Manufacturers (OEMs), Principal Corporates, and distributors themselves to gain insight into materials management and logistics knowledge, identify gaps in skills and knowledge, and foster critical thinking and self-awareness.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 89

Silvon Software

JUNE 1, 2023

Remember that you can update your KPI selection at any time, so remain open to replacing ineffective metrics. The most important aspect to remember is that KPIs should align with your business strategy. Regularly review and update your stakeholder-focused KPIs based on changing stakeholder needs or emerging trends.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

QAD

JUNE 18, 2019

Manufacturers can miss opportunities to adapt due to their lack of speed in responding to disruptive forces, under-investing in new growth areas or applying existing business models to new markets. This can lead to underestimating disruptive trends or missing opportunities to respond. How will Manufacturers Survive Disruption?

Resource Reduction 100

Resource Reduction Supply Chain Planning Software Modeling Software Manufacturing 100

Precoro

JULY 16, 2023

Overseeing the processes of hiring and training new purchasing team members Providing reports for upper management What It Takes to Become a Good Purchasing Manager Purchasing management might not be for everyone, especially in times of digitalization, when requirements and tools change rapidly following market trends.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Silvon Software

FEBRUARY 23, 2023

Following are a few examples that illustrate the KRI / KPI relationship: A KPI may be used to measure IT system performance while a complementary KRI tracks vulnerability to cyberattacks. A KPI might measure staff engagement or satisfaction while monitoring the likelihood of losing key staff and risking labor shortages as KRIs.

Procurement Analytics 64

Procurement Analytics KPI Analytics Software Supply Chain Planning Software 64

Logistics Bureau

OCTOBER 20, 2021

The components of the perfect order KPI are as follows: On-time delivery: A calculation of the percentage of sales orders that arrive on time. In full delivery: This KPI tracks the percentage of sales orders that are delivered completely, meaning that the customer receives the correct items, in the right quantities.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

RFgen

MARCH 27, 2024

Infographic: What’s Trending in Inventory Technology GO NOW » The Role of Inventory Control in Business Efficiency Inventory control focuses on maintaining optimal stock levels to meet consumer demand without incurring unnecessary costs. Only then can you unlock new avenues for growth and competitiveness.

Inventory Reduction 75

Inventory Reduction Inventory Management Software Resource Reduction Supply Chain Planning Software 75

Requis

JANUARY 9, 2020

Here are the supply chain trends that we see shaping the conversation, and the actual evolution, of B to B in 2020. In most of the supply chain trends articles you’ll read this month, there’s a lot of excitement about technologies like AI, IoT, blockchain, and in some sectors, BIM (building information modelling). Digital twins.

Supply Chain Planning Software 52

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

ShipBob

JANUARY 28, 2022

How long it takes to receive orders from your manufacturer. How much one unit of inventory costs to manufacture or supply. Production lead time is the amount of time between when a brand places a purchase order (PO) and receives that order from its manufacturer. How much it costs to store and protect unsold inventory.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

QAD

JULY 29, 2021

Mozart, Metallica and Manufacturing Operations Management. It uses smart algorithms that scan data and detect patterns, trends, exceptions and correlations to provide meaningful insights, reporting, and notifications. The Adoption of Augmented Analytics in Manufacturing.

Analytics Software 98

Analytics Software Predictive Analytics Analytics Predictive Analytics Software 98

Logility

SEPTEMBER 5, 2013

I was talking with a practitioner last week who was the internal champion that brought Logility Voyager Solutions into a leading flooring manufacturer. He started by building a KPI set that combined basic data from their transaction systems with demand and supply chain planning data from Logility. This business was set in its ways.

Supply Chain Performance 100

Supply Chain Performance Supply Chain Planning Software KPI Supply Chain Software 100

Logility

SEPTEMBER 5, 2013

I was talking with a practitioner last week who was the internal champion that brought Logility Voyager Solutions into a leading flooring manufacturer. He started by building a KPI set that combined basic data from their transaction systems with demand and supply chain planning data from Logility. This business was set in its ways.

Supply Chain Performance 100

Supply Chain Performance Supply Chain Planning Software KPI Supply Chain Software 100

The Logistics of Logistics

NOVEMBER 12, 2021

In his role as VP of Sustainability and Innovation he works directly with senior leadership to research future trends in the logistics industry and evaluate their applicability to Covenant’s strategy of providing more affordable, safer, cleaner delivery of product. Key Takeaways: Is Sustainability Really a Problem.

Sustainability 130

Sustainability Logistics Network Optimization Software Inventory Reduction Supply Chain Software 130

Unleashed

FEBRUARY 1, 2023

Demand planning also considers factors such as: Your marketing strategy Seasonality Market trends Demand planning teams need to constantly be alert to technology advances such as in Artificial Intelligence or software tools which can be utilised to their advantage. They must draw on all these factors to create a ‘demand plan’.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Logistics Viewpoints

DECEMBER 5, 2022

The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. Molex has more than 80 manufacturing facilities around the world supported by an 18,000 strong supplier eco-system that provide raw materials, electronic components, and services. The Molex Supply Chain. Keys to Success.

Agile and Lean Supply Chain 196

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

Logility

AUGUST 5, 2021

This means routinely bringing together the C-suite, finance, supply chain, manufacturing, sales and marketing teams so everyone is seeing, working from and agreeing to an aligned plan that achieves optimal business outcomes. Answer: you review KPIs, current and trended. Should you use the same KPIs as everyone else?

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

Silvon Software

MAY 24, 2022

In today’s dynamic business environment, a well-designed sales analytics program can easily become a competitive advantage for manufacturers by allowing them to quickly adapt to changing market conditions, trends and customer demands. Every sales KPI needs a clearly defined goal. Revenue From Current Customers.

Procurement Analytics 77

Procurement Analytics Manufacturing Procurement Metrics Price Reduction 77

Silvon Software

APRIL 1, 2024

Systems like ERP are at the heart of this data deluge, tracking everything from sales and financials to manufacturing and supply chain operations. While operational reporting provides immediate data on daily business functions, strategic BI focuses on longer-term trends and forecasting.

Procurement Analytics 58

Procurement Analytics Analytics Software Predictive Analytics Analytics 58

DELMIA Quintiq

FEBRUARY 20, 2017

Trends in the steel industry such as growing product portfolios and smaller order sizes are actually making hot charging even more difficult, and some steel producers are reaching lower rates of hot charging today than they have in the past. For example, they are not able to calculate the hot charging rate KPI of the schedule.

Optimization Software 136

Optimization Software KPI Japan Resource Reduction 136

Unleashed

DECEMBER 11, 2022

Put simply, Warehouse KPIs measure how efficiently your warehouse is performing. They’re an effective way to identify trends, uncover bottlenecks, and mitigate risks in your current warehouse processes. For example, the warehouse KPI ‘Receiving accuracy’ can determine if your receiving process is as accurate as you need it to be.

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. This includes implementing lean manufacturing principles and utilizing advanced planning software, so businesses can optimize production processes and minimize waste. Enroll Now!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

SCMDOJO

APRIL 4, 2023

These analytics can also help identify known risks and predict future risks by spotting patterns and trends throughout the supply chain, increasing planning accuracy, and better predicting future demand. Diagnostic analytics: Diagnostic analytics focuses on understanding the underlying causes of issues or trends in past and current data.

Prescriptive Analytics Software 110

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

DELMIA Quintiq

FEBRUARY 28, 2022

Power Up with Agile Battery Cell Manufacturing. Read more and discover the Virtual Twin Experience and how it improves battery cell manufacturing processes. Manufacturing Operations Management Community. What Industry Leaders Have to Say About Virtual Twins in Manufacturing. We look forward to seeing you there!

Supply Chain Design Software 31

Supply Chain Design Software Supply Chain Planning Software Optimization Software Supply Chain Software 31

KEPLER Consulting

NOVEMBER 24, 2017

But I think the best way for Managers to keep an up to date vision is to have a clear understanding of the main trends shaping business environment. 3 Technological revolution acts as a trend amplifier. The post 10 key trends to understand Supply Chain Management appeared first on KEPLER. TECHNOLOGICAL. REVOLUTION. check. . #4

Supply Chain Design Software 40

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

SCMDOJO

JANUARY 17, 2024

A myriad of professionals within the field ensures timely deliveries from suppliers and orchestrates manufacturing processes to meet your requirements, contributing to a rewarding career path in supply chain management. Managing the supply chain involves the delicate art of aligning your product supply precisely with customer demand.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69

SCMDOJO

NOVEMBER 17, 2023

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. Professionals in this field often find themselves venturing into manufacturing, IT, technology, ERP systems, and even commercial roles. Eight core competencies stand out, encompassing crucial aspects of SCM.

Supply Chain Planning Software 70

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

Intelligent Audit

NOVEMBER 3, 2022

For instance, it may be better to ship straight from a warehouse or manufacturer, while in other cases, it’s best to ship from a store. . Technology can automatically track many KPIs for you or bring together data that allows you to run thorough reports. They offer insights into problems and areas for improvement.

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

ThroughPut

NOVEMBER 28, 2023

Integration of external data: An effective supply chain analytics software must also be able to access and analyze data from external sources like weather forecasts, social media trends, etc. It helps businesses optimize costs, achieve revenue growth, and improve supply chain efficiency through advanced planning and optimization features.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

ThroughPut

OCTOBER 20, 2022

This helps businesses to: Analyze insights at the individual SKU, product group, region, or KPI level – across the entire organization Streamline route effectiveness via dynamically updated insights-on-demand, throughput, and contribution-per-unit trends, OTIF percentages, and optimal product mixes.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Optimization 52

ThroughPut

JUNE 24, 2022

When faced with a pandemic like COVID-19, establishing a good understanding of the impact on supply chains and contingency plans can help manufacturing companies deal with uncertainties in the right way. This application of AI helps anticipate future customer demand trends while minimizing the costs of overstocking unwanted inventory.

Supply Chain Planning Software 98

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

RFgen

MAY 16, 2023

Data analytics enables you to analyze historical sales data, identify trends, and forecast future demand more accurately. Using Data Analytics in Warehouse KPI Tracking Understanding and monitoring Key Performance Indicators (KPIs) is a vital aspect of managing warehouse operations effectively.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 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: . How can ST maintain service levels and therefore retain accounts? How can ST maintain necessary cash flow? So many “what ifs” to consider.

Supply Chain Planning Software 93

Supply Chain Planning Software Scenario Planning Modeling Analytics Software 93

3AG Systems

MARCH 23, 2021

The equations to calculate KPIs are generally quite simple. When a KPI falls below a threshold or benchmark you’ve identified or is otherwise trending in the wrong direction, it’s a clear signal that you need to investigate the cause and take appropriate action.

Manufacturing 52

Manufacturing KPI Benchmarking Analytics 52

GlobalTranz

APRIL 25, 2016

Effective, successful Key Performance Indicators (KPIs)/A balanced scorecard: Effective KPI management starts with some key areas to have both parties understand. These are core principles which will guide the rest of the more detailed and statistical KPIs found in the Service Level Agreement. Read more. . Read More. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Unleashed

SEPTEMBER 22, 2019

This gives us a percentage KPI to track. This also affects accurate forecasting which can be affected by seasons and trends. Failure to implement a manufacturing quality system can have an enormous impact on the ability to supply. What is DIFOT exactly and how can it be applied?

Metrics 61

Metrics Supply Chain Design Software Inventory Management Software Forecasting Software 61

SupplyShift

JUNE 2, 2021

The recent uptick of sustainability bonds from global companies like Wells Fargo, Bank of America, and most recently Amazon sends a strong market signal that focus on corporate Environmental, Social, and Governance (ESG) is no longer just a trend – it’s the new business imperative. At the same time, pressure from NGOs was on the rise.

Supply Chain Planning Software 52

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