SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

DELMIA Quintiq

MARCH 14, 2017

Our market research indicates that nearly 50% of business leaders consider their planning processes and supporting technology unable to handle today’s demands. Organizations are missing on the necessary analytical skills as old ways of thinking prevail over real-time, data-driven decision making. Industry 4.0

Modeling 159

Modeling Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 159

ToolsGroup

DECEMBER 11, 2023

Danah Boyd, Principal Researcher at Microsoft Research So how closely should you be looking at your data? Because the wrong data granularity could cost you more than you realize. Most companies have standard ways to report timed variables. We’re so obsessed with data, we forget how to interpret it.

Purchasing Skills 156

Purchasing Skills Data Optimal Sourcing Modeling 156

Enterra Insights

APRIL 22, 2019

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. ” Purchasing – “The KPI most used in Purchasing Departments is Stock Turn.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

SCMDOJO

MAY 30, 2024

Supply Chain Department – A Typical Structure Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities The Purpose of the Logistics Department Structure A well-structured logistics department is essential for any organization that deals with product movement and delivery.

Optimal Sourcing 98

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 98

SCMDOJO

OCTOBER 7, 2022

To implement these recommended Logistics KPIs in your company, you should use our Logistics KPIs Dashbaord which we have designed with through research. Attribute 1 – Productivity related Logistics KPIs. We should also note that there is a thin line between quality KPI and productivity KPI. To conclude.

Logistics Network Optimization Software 137

Logistics Network Optimization Software Optimal Sourcing Logistics Supply Chain Design Software 137

SYSPRO Smarter ERP

NOVEMBER 3, 2021

In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic. can be measured to define this metric. Manufacturing Cycle Time : This metric is most accurately obtained using real-time monitoring with a Manufacturing Execution System (MES). Warehousing KPIs.

Manufacturing Procurement 105

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

Logistics Bureau

APRIL 4, 2022

Alternatively, you can procure access to a digital freight benchmarking platform. The Pros and Cons of Procuring a Benchmarking Tool. You’ll also need to procure the most suitable platform for your freight benchmarking needs. 2: Take Care in Identifying the KPIs to Use. 1: Share Results With Relevant Stakeholders.

Benchmarking 96

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 96

6 River Systems

OCTOBER 19, 2020

With more consumers turning to e-commerce, it’s important for businesses of all sizes to bolster the supply chain to handle the e-commerce business model. According to research conducted by BigCommerce , the top three factors that influence consumers’ online purchasing decisions are convenience, cost and free shipping.

Warehousing 98

Warehousing Logistics Network Optimization Software Inventory Reduction Supply Chain Planning Software 98

Taulia

JUNE 12, 2023

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

Procurement Analytics 52

Procurement Analytics Metrics Supply Chain Software Inventory Reduction 52

SCMDOJO

JANUARY 17, 2024

They are in charge of purchasing, procurement, and sourcing. With our customizable Logistics KPI Dashboard Excel Template , you can obtain a detailed view of your business’s Current Performance versus Target and the Previous Year’s performance.

Purchasing Skills 98

Purchasing Skills Negotiating Skills Optimal Sourcing Manufacturing Procurement 98

ShipBob

DECEMBER 28, 2022

Strategic sourcing is a unique purchasing method that aligns your sourcing strategy with your business goals. Rather than making a purchasing decision off of the initial cost, strategic product sourcing allows you to refine your sourcing process by conducting ongoing market analysis and forming strong relationships with suppliers. .

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

ThroughPut

NOVEMBER 28, 2023

Supply chain analytics combines powerful algorithms, data, and the latest technologies like Artificial Intelligence and Machine Learning to address the most elusive challenges in the supply chain right now – visibility and control. And that’s precisely what’s on the horizon for supply chain analytics.

Prescriptive Analytics Software 52

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

Supply Chain Opz

JUNE 1, 2014

During a short term planning (less than one month), they pay much attention to the coordination between purchasing, production and sales. Unlike FMCG, the launch of a new product in the hi-tech industry requires the investment in research and development quite extensively. . Also, they utilize SCOR Model as the standard process.

Case Study 239

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

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. This informed decision will pave the way for a more tailored and fulfilling career trajectory.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 98

synchrono

JANUARY 31, 2017

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. Mark also writes: “Metrics that have the attention of business and manufacturing leaders tend to be those that get measured and improved upon by their employee teams.”. Metrics for Action.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

SCMDOJO

MAY 30, 2024

Supply Chain Department – A Typical Structure Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities The Purpose of the Logistics Department Structure A well-structured logistics department is essential for any organization that deals with product movement and delivery.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 52

SCMDOJO

MARCH 25, 2022

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. In an attempt to be logistically correct, research and studies have followed a specific ranking that is listed in chronological order by decade. 4]Miyazaki, Anthony D. 5]Donald J. Bowersox, David J.

Supply Chain Planning Software 138

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 138

ThroughPut

AUGUST 18, 2023

But what are the Key Performance Indicators (KPI) in supply chain management that you need to look at from a financial lens? But what you can’t miss out are the supply chain metrics outlined on the right hand side which influence these finance metrics. These directly affect business performance. Here’s how.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Software Material Savings Expense Reduction 52

Unleashed

JUNE 28, 2024

The best ERP software for manufacturers offers real-time data processing and reporting features. When conducting our research for this list, we identified ERP software with features designed to help with these key issues. Let’s dive into the findings of our research.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Inventory Management Software 52

Logistics Bureau

JANUARY 1, 2025

Least attention is paid to this category for the purpose of stock control and planning and procurement decisions for such items may be automated. Acknowledgement: In purchasing, acknowledgement is the term used to describe a suppliers confirmation that the buyers purchase order has been received, and hence, that the order is accepted.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 76

Unleashed

JANUARY 10, 2023

Improving supply chain visibility looks like this: Integrating data from your various systems into one centralised location Working with suppliers to increase supply chain transparency Automating data collection, analysis, and reporting Supply chain visibility relies on accurate, synchronised data.

Supply Chain Planning Software 52

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

Cathy Roberson

APRIL 6, 2022

Supply Chain @Mr_Supply_Chain Deep customs insights, landed cost analysis, customs delays, ports, product level analysis Chris rubio @cm_rubio Transparency Complete transparency of Available To Promise Date, Landed Cost, and ESG metrics for the entire Procure-To-Pay lifecycle at the piece level.

Real-time Visibility 52

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

Silvon Software

MAY 25, 2023

Implementing the right set of Key Performance Indicators (KPI)s can provide a simple and effective means to achieve these objectives. Unfortunately, though, AP decision makers often struggle to identify the appropriate KPIs and lack the necessary tools to track them effectively. per invoice.

Procurement Analytics 105

Procurement Analytics KPI Analytics Software Expense Reduction 105

6 River Systems

FEBRUARY 25, 2019

William Crane, Founder & CEO of IndustryStar Solutions , is an entrepreneur and experienced executive in supply chain with demonstrated results starting, launching and enhancing procurement, logistics, supplier quality and manufacturing companies globally. Gabriel Gheorghiu is a Research Principal at G2 Crowd. Mihai Corbuleac.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

Talking Logistics

OCTOBER 3, 2018

Commerce Department and reported by The Associated General Contractors of America on August 1, “ public construction spending climbed 4.7 More specifically, the report details that the largest category of public infrastructure spending, highway and street construction, “increased 4.2 percent, private residential spending grew 8.3

Rail Software 140

Rail Software Procurement Solutions Purchasing Skills Logistics Network Optimization Software 140

Unleashed

JANUARY 5, 2021

Inventory turnover is a key formula that’s often discussed in the context of inventory management efficiency, and crops up in most types of inventory report. Let’s take a closer look at this important metric. Now you know how much you inventory cost for the period. What is inventory turnover? Average inventory?

Inventory Reduction 83

Inventory Reduction Inventory Procurement Analytics Inventory Management Software 83

OptiProERP

MARCH 24, 2022

According to a report by Nucleus Research, cloud technology delivers 4.01 Nucleus Research studied over one hundred small and mid-size companies that deployed cloud ERP solutions. Nucleus Research studied over one hundred small and mid-size companies that deployed cloud ERP solutions. times the ROI as on-premise.

Expense Reduction 72

Expense Reduction Vendor Strategies Cost Reduction Strategies Resource Reduction 72

Unleashed

MARCH 6, 2023

Measure your success A marketing plan also offers clear KPIs as a measure of its success. The highest-level KPI for a marketing plan would generally be around brand awareness, assessed through regular brand surveys. However, other KPIs can be measured such as social reach, media coverage, and customer gains.

Beverage 52

Beverage Food Resource Reduction Cost Reduction Strategies 52

My Office Apps

OCTOBER 9, 2018

An ERP with built-in reporting will be crucial for your company if you want to stay on top of the latest trends and key performance indicators (KPI). Good reports can let you know what’s working and if you’re not making the mark when it comes to sales. Research the different solutions that the software will offer.

Examples 40

Examples System Procurement Solutions Purchasing Skills 40

GlobalTranz

MAY 4, 2016

Most industry experts rate the cost of logistics as very costly. Nearly every company offers some sort of discounted shipping plan for large purchase orders, and more customers are demanding faster delivery at a reduced rate. Federal Power Over Freight Management KPIs. Identifying ways to improve the system can be complicated.

Freight 120

Freight Procurement Analytics Sourcing Strategies Cost Reduction Strategies 120

Enterra Insights

MAY 5, 2021

Daniel Keyes, a Research Associate at Business Insider Intelligence, explains, “The coronavirus pandemic has brought online grocery — a promising but formerly niche industry — to the fore. like it did in India, Keyes predicts the penetration rate of online grocery shoppers could “climb quickly, hitting 66% in 2024 instead.”

Manufacturing Procurement 130

Manufacturing Procurement Purchasing Skills Procurement Analytics Cost Reduction Strategies 130

Unleashed

FEBRUARY 21, 2021

Entering a contract brewing agreement can eliminate the costs of renting or buying brewery space, purchasing the necessary equipment, and hiring staff. Lower entry costs however mean potentially smaller margins because the contracting brewer is paying another business to undertake a significant portion of the work.

Cost Reduction Strategies 85

Cost Reduction Strategies Inventory Reduction Material Savings Expense Reduction 85

Supply Chain Digest

JUNE 16, 2025

Commandment 9: Insist on User Friendliness Independent of the effort put forth to design a system, purchase hardware and develop software, the single biggest test of implementation occurs when an operator attempts to scan bar coded media. This can be a pleasant experience (it is most of the time) or controversial.

Supply Chain Design Software 47

Supply Chain Design Software Supply Chain Planning Software Forecasting Software Modeling Software 47

Supply Chain Digest

JUNE 13, 2025

of GDP The Council of Supply Chain Management Professionals (CSCMP) and partners Kearney and Penske Logistics are out last week with the 2025 State of Logistics Report, looking primarily at 2024 data. Again this year, Penske Logistics funded the report development. Somewhere along the way, CSCMP took over the sponsorship.

Logistics Network Optimization Software 41

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Logistics 41

Supply Chain Digest

JUNE 10, 2025

Click here to send us your comments The Cass report showed May shipment volumes in the US were down 3.4%seasonally Click here to send us your comments The Cass report showed May shipment volumes in the US were down 3.4%seasonally Supply Chain Digest Says. In May, the Linehaul Index fell 0.5% month-over-month. in May from 0.9%

Supply Chain Design Software 41

Supply Chain Design Software Supply Chain Planning Software Freight Logistics Network Optimization Software 41

Supply Chain Digest

JUNE 17, 2025

He began his analyst career in 2003 at a company called Meta Group, then the second largest research firm in the industry. In recent years, Klappich has turned some his attention to research on warehouse automation generally and Autonomous Mobile Robots (AMRs) specifically, where he has carved out a similar thought leadership position.

Gartner 41

Gartner Supply Chain Design Software Supply Chain Planning Software Forecasting Software 41