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. Customer Lead Time (Service). Total Supply Chain Cost. Procurement Cost.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

SYSPRO Smarter ERP

NOVEMBER 3, 2021

A good way to decide which KPIs to use is to look at how the supply chain is broken down into different processes. 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. Outbound KPIs.

Manufacturing Procurement 105

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

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Some examples of these would be the Xeneta Shipping Index, Freightos Freight Rate Index, Container Trade Statistics Price Index, and the Drewry World Container Index. CARRIERS SCORECARDS: PERFORMANCE INDICATORS Recognising the need and the importance of such measures, the shippers’ council launched the KPI in 2021.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

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. Moreover, products can be shipped to stores in-time then lost sales is minimal.

Case Study 239

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

Unleashed

MARCH 9, 2021

In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. What is procurement? Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

ShipBob

DECEMBER 28, 2022

Where you get these from, or how you source them, can be a huge decision. Sourcing can seem overwhelming if you’re a brand or retail buyer not entirely sure what you’re doing, but it can significantly impact the quality, cost, and availability of your products. What is strategic sourcing? What is procurement?

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. Shipping Frequency, Service Routing, Delivery Time, Compensation Clause, etc.,)

Optimal Sourcing 130

Optimal Sourcing Procurement Freight Sourcing Strategies 130

Logistics Bureau

JANUARY 14, 2025

Otherwise known in shipping terms as FIS (Free Into Store). This included site visits, workshops and the collection of financial, transactional and KPI information from GSK, and their third party logistics providers. A summary of the main sources of information is included here. The product pricing therefore becomes ex works.

Price Reduction 75

Price Reduction Cost Reduction Strategies Negotiate Pricing Negotiating Skills 75

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. Cost per unit.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

crisp

DECEMBER 15, 2021

Establish a set of KPIs and set performance targets to measure your progress. . A good KPI to track for this goal might be a low out of stock (OOS) rate. Is the warehouse shipping goods on time? Before the warehouse, the supplier has to ship the product or raw material. Source : Where is the data stored, and who owns it?

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Supply Chain Strategy 98

synchrono

JUNE 19, 2017

The result is expensive; using faster shipping methods to get the part back on the shop floor. Modern Demand-Driven Manufacturers are leveraging real-time Cloud-based visualization and collaboration systems to view data from multiple, disparate sources while keeping the data in its original, host environment.

Real-time Visibility 85

Real-time Visibility Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 85

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

Unleashed

JULY 23, 2023

Order cycle time KPIs calculate the average time between when you receive an order and when it is shipped. Total order cycle time uses customer details, the order date, the delivery date, and the total number of orders shipped. Takt time Takt time is a KPI that helps set the pace of your manufacturing process.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

GlobalTranz

APRIL 25, 2016

Promise time, lead time, cycle time, transit time, delivery time, unloading time, processing time, queue time, quality assurance time, processing time, turnaround time, receiving time, and shipping time to the customer, (and I bet you could think of more "times" to measure!). Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Jaggaer

MAY 21, 2025

EUDR first comes into force on 30 December 2025 for large and medium companies and on 30 June 2026 for micro and small enterprises, requiring companies to demonstrate deforestation-free sourcing for their products. Performance review and KPI tracking: Procurement KPIs, supplier audits, news monitoring etc.

Procurement Analytics 52

Procurement Analytics Material Savings Sustainability Waste Reduction 52

RFgen

MARCH 10, 2025

This was seen in global shipping disruptions in 2021, where firms faced lawsuits for failing to deliver goods on time. Furthermore, efficient stock balancing reduces the need for costly emergency replenishments, which often involve expedited shipping and premium freight rates.

Optimal Sourcing 52

Optimal Sourcing Modeling Inventory Reduction Supply Chain Optimization 52

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Procurement Procurement involves sourcing and acquiring the materials or products needed for production. Communicate with suppliers to source materials, negotiate pricing, and ensure timely deliveries.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

SCMDOJO

MAY 13, 2022

Each year around 700 million TEUs are shipped across the world keeping global trade and businesses running and more than eighty percent of global goods trade volumes are carried by sea, with about a sixth of that volume in shipping containers. 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

RFgen

AUGUST 10, 2023

inventory accuracy 30-42% more efficiency and productivity KPI tracking and improvement Reduced overhead spend (labor, carrying costs, etc.) Compare that to mobile barcoding, with standard connectors—and certified integrations—with most major ERP systems, leverage only your ERP database as the single source of truth. Industry 4.0

Real-time Visibility 98

Real-time Visibility Inventory Management Software Supply Chain Planning Software Inventory Reduction 98

Intelligent Audit

APRIL 8, 2022

KPI addressed this by sponsoring an on-floor seminar titled, “ Is Micro-fulfillment right for me? ” Shippers Need to Aggregate Their Data Sources Into a Single Source of Truth. A second common thread throughout MODEX 2022 was the necessity to collect data from all sources into a single reference point. on March 29.

Sourcing Strategies 52

Sourcing Strategies Expense Reduction Material Savings Cost Reduction Strategies 52

ShipBob

FEBRUARY 25, 2022

This involves keeping track of critical distribution metrics such as how many orders were shipped out on time because this is vital to determine how efficient their processes are, how satisfied customers will be, and whether they need to make improvements. High stockout costs combined with low OTIF scores can also help to pinpoint the source.

Optimal Sourcing 52

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

RFgen

AUGUST 5, 2020

In this article, we will do a deep dive into what mobile barcoding is, how it fits into your enterprise, and what results you can expect in terms of KPI improvements and future growth. Mobile barcoding software can help businesses eliminate bottlenecks in multiple areas, such as: Shipping & Receiving. What is Mobile Barcoding?

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 98

EC Sourcing Group

MARCH 12, 2023

Identify your data sources that can help identify supplier performance. It could also be an incorrect purchase order, shipping number, billing address, date, and so on. COST AND PRICING : Organizations typically want the supplier who provides the lowest cost for goods.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

6 River Systems

OCTOBER 12, 2020

“This would increase the complexity of route planning and make more difficult the quest to eliminate empty back hauls as the number of shipping points increases and the number of shipments out of more rural locations increases,” explains Skip Berry in an article published by Clarkston Consulting. This is known as “dropshipping.”

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

Unleashed

MAY 2, 2022

In the manufacturing space, for example, it commonly describes how quickly a business can manufacture its product from receiving a customer order through to shipping. But manufacturing lead time covers the period from when a sales order is received to when a product is ready to ship. through obsolescence).

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 98

BlueYonder

OCTOBER 13, 2022

Additionally with marketplaces, companies need to also offer drop shipping so they can get goods into the hands of all B2C consumers. Again, these will differ to the familiar, collaborative databases shared with retail partners, as each transaction will be different; meaning different requirements to source that order, and then fulfill it.

Sourcing Strategies 98

Sourcing Strategies Modeling Software Supply Chain Planning Software Supply Chain Design Software 98

SCMDOJO

MARCH 25, 2022

. “ Supply Chain Management is defined as a channel construct as the structure of inter-company units and extra-company agents and dealers, wholesale and retail, through which a commodity, product, or service is marketed” Supply Chain KPI Dashboard. The 1950s – The Transportation Era. . In the 1950s, transportation was in focus.

Supply Chain Planning Software 138

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

Taulia

OCTOBER 7, 2021

The procurement process that they oversee includes sourcing, selecting and negotiating with vendors, creating purchase orders and tracking the receipt of goods. Defect rates should be measured for individual suppliers so that any issues around reliability or performance can be identified and factored in when sourcing goods and services.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Optimal Sourcing Purchasing Skills 52

Turvo

FEBRUARY 17, 2021

One of the most significant challenges the shipping industry faces is related to real-time freight analytics. It also is making shipping managers change the way they operate. Today’s Changing Shipping Industry Requires Adaptability And Versatility. Analytics provides supply chain ecosystem clarity.

Real-time Visibility 83

Real-time Visibility Prescriptive Analytics Software Predictive Analytics Analytics Software 83

Logistics Bureau

JANUARY 1, 2025

A Abaft: A point on a ship, toward the stern, and hence beyond the central point of the ships length. Abandon: In shipping, this term refers to the act of a shipper or consignee abandoning some or all of their cargo. Adjustment: A term used in freight shipping to denote additional charges applied to a shipment after delivery.

Supply Chain Planning Software 76

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

Intelligent Audit

OCTOBER 27, 2022

One solution is to turn to big shipping data. According to analysts at McKinsey , “Most of the data generated in a supply chain falls outside the scope of just one enterprise or entity,” a dynamic that makes it hard to know if you’re dealing with good or bad data or even the original source. Gain Clarity into Shipping Data.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Precoro

MAY 27, 2021

By building an excellent Supplier Management Process, a successful company can mitigate those risks and ensure that their supply chain is undisrupted and meets the KPI's. Source: Forbes: What Is The Kraljic Matrix? Source: Supply Chain Quarterly 8. Increased workload due to complex and ineffective process.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Silvon Software

APRIL 1, 2024

Strategic analytics, on the other hand, is often associated with reporting from an analytical data source like a data hub. These KPIs gauge efficiency, effectiveness, customer behavior and other factors in an effort to forecast future developments based on past performance and shape future strategies.

Procurement Analytics 59

Procurement Analytics Analytics Software Predictive Analytics Analytics 59

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

Unleashed

AUGUST 15, 2024

Veeqo Shipping management, basic inventory management, shipping and eCommerce integrations. It is designed to streamline order fulfilment processes by automating manual tasks, such as selecting cost-effective shipping options and building pick lists. Plans from $31.10 Free Multichannel eCommerce sellers.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 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. Our biggest push since the launch has been, you guessed it, selling access to our amazing Track and Trace Platform.

Report 52

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

Unleashed

FEBRUARY 1, 2023

It ensures inventory is shipped in and held at the right level to match customer demand, even as those demands shift for various reasons. Review data from relevant sources This step requires an understanding of what data will be useful , and what should be left out. Doing it well creates significant advantages for the business.

Supply and Demand 52

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