Techgistics

APRIL 30, 2023

Large amounts of data from various sources, including the agents, sensors, and other systems can be analyzed, to identify patterns, predict future trends, and make informed decisions. For example, ML can be used to make autonomous slotting decisions - no more manual processes or dependency on spreadsheets to slot inventory.

Optimization Software 130

Optimization Software Predictive Analytics Software Optimal Sourcing Warehousing 130

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

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. Manufacturing KPIs.

Manufacturing Procurement 105

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

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

Logistics Viewpoints

DECEMBER 5, 2022

The data from Infor Nexus also helps the transportation teams do better carrier sourcing. These procurement professionals can look at how forwarders and carriers are performing by lane, and what the performance trends are for these partners. Further, historically Molex had a focused sourcing strategy.

Agile and Lean Supply Chain 196

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

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. Trends and tendencies in procurement Lesson 3. What you will learn: Lesson 1. What is procurement and purchasing Lesson 2. Types of procurement.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

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

SCMDOJO

APRIL 4, 2023

To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources. 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.

Prescriptive Analytics Software 110

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

SCMDOJO

NOVEMBER 17, 2023

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. Transportation Sourcing & Management: Selecting cost-effective transportation modes, evaluating factors influencing transportation sourcing, and maintaining compliance with contracts to ensure efficient logistics.

Supply Chain Planning Software 70

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

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

SupplyShift

JUNE 17, 2021

Source: sasb.org SASB’s at-a-glance view of priority ESG issues is comprised of five sustainability dimensions: Environment, Leadership and Governance, Business Model and Innovation, Social Capital, and Human Capital. Perform responsible sourcing audits on supply chain areas of deep concern. Ask for help.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

SupplyShift

JUNE 17, 2021

Source: sasb.org. These goals fall into one of two primary types: Absolute goals , which only take KPIs into account—for example, reducing GHG emissions 30% by 2025. Relative goals , which compare the KPI to a unit of output—for example, reducing Scope 1 GHG emissions per unit of company sales 25% by 2025. Ask for help.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

Intelligent Audit

OCTOBER 27, 2022

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. Does the data come from a variety of different sources? Gain Clarity into Shipping Data.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

DynaSys

MARCH 17, 2020

ST was able to run and consider dozens of potential outputs for each critical KPI such as lead time, and many more modular scenarios focusing on specific geos, routes, and key accounts, within hours. Critical to ST’s ability to weather this global market tempest is their system’s facility with scenario planning.

Supply Chain Planning Software 93

Supply Chain Planning Software Scenario Planning Modeling Analytics Software 93

SCMDOJO

MAY 13, 2022

Supply Chain KPI Dashboard. Source: project44 Monthly report. Digital transformation through the adoption of AI innovations has been necessary to ensure meeting the overall upward trend in both demand and expenses in the supply chain.

Supply Chain Design Software 83

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

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. Tom Craig @LTDManagement We oft times miss out the upstream visibility part.

Real-time Visibility 52

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

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

EC Sourcing Group

JANUARY 24, 2019

Today I will focus on KPIs that can provide deep insight into the efficiency and effectiveness of your operations, strategic sourcing efforts and how procurement systems are viewed internally. Early in my career, I was able to forecast the profitability of one division based on the price trends of four key raw materials.

Manufacturing Procurement 45

Manufacturing Procurement Negotiating Skills Purchasing Skills Procurement Solutions 45

Silvon Software

APRIL 11, 2024

It offers insights into customer behaviors, employee performance, industry trends, operational efficiency, and even predictive glimpses into the future. Data analytics can demystify customer behaviors, preferences, and trends, enabling businesses to tailor their offerings and communication strategies more effectively.

Predictive Analytics 83

Predictive Analytics Analytics Software Analytics Sourcing Strategies 83

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. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

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 40

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

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

ToolsGroup

DECEMBER 11, 2023

Grouping multiple business trends into a single pattern (when data isn’t granular enough). In far too many cases, not looking closely enough at your data leads to compressing disparate trends into a single result. Take seasonality trends in retail, for instance. Here are five common — and costly — data granularity mistakes.

Purchasing Skills 156

Purchasing Skills Optimal Sourcing Data Modeling 156

EcoVadis

APRIL 17, 2015

In an earlier blog post we discussed “ Trends in Carbon Pricing and Costs ,” and explored the increased engagement of both public- and private-sector organizations to consider pricing of carbon emissions in the lead-up to the 21st Conference of Parties to the Kyoto Protocol (COP21). 2) Cost savings. 3) Regulatory readiness.

Price Reduction 40

Price Reduction Cost Reduction Strategies Material Savings Manufacturing Procurement 40

Provenance

OCTOBER 1, 2018

Identify opportunities for Provenance to own new category and market space through early and dynamic responses to emerging business, social and community trends. Source and test new digital channels and areas for growth. Ensure accurate reporting of key daily metrics to optimise outreach.

Supply Chain Planning Software 40

Supply Chain Planning Software Analytics Software Supply Chain Network Software Negotiating Skills 40

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

EcoVadis

FEBRUARY 28, 2016

These trends are exposing even more potential risks to brand reputation, supply disruption and increased costs or volatility. Examples include using sustainability scores in apps for supplier financing, sourcing and RFX functions, or having a “live sustainability KPI leaderboard” to stimulate improvements.

Procurement Solutions 40

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

Silvon Software

APRIL 8, 2022

In an effective KPI strategy, leading indicators that help provide insight into future performance should be balanced with lagging indicators that tell them how they’ve done. I also suggest to our manufacturing clients that they keep the following basic principles in mind relative to their KPI strategies. Machine KPIs.

Optimal Sourcing 108

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 108

Unleashed

JANUARY 10, 2023

The supply planning process involves: Forecasting customer demand based on historical data and market trends Identifying opportunities for optimisation throughout the supply chain Putting a strategy in place to capitalise on those opportunities. Invest in good software early on to give your business the best chance at success.

Supply Chain Planning Software 52

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

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. H&M aims to be the price leader in the fashion market.In

Case Study 239

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

Unleashed

JULY 23, 2023

You can calculate order cycle time using the formula: (Delivery Date – Order Received Date) / Total Number of Orders Shipped = Order Cycle Time This KPI reveals where you need to develop new strategies to improve the speed of your order fulfilment. 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

Infosys Supply Chain Management

APRIL 8, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Discuss the latest trends and solutions across the supply chain management landscape. « Gamification - An EAM perspective | Main | Whats your KPI? Business Process Outsourcing. Customer Service.

Analytics Software 35

Analytics Software Supply Chain Network Software Supply Chain Planning Software Predictive Analytics Software 35

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 261

Enterra Insights

FEBRUARY 22, 2021

It comes from a huge variety of sources, including our Internet habits, social media, business transactions, smart devices, and many more.” Since the collection of data hails from multiple sources, it isn’t easy to maintain consistency. A familiar term in business is the initialism KPI (Key Performance Indicator).

Big Data 113

Big Data Data Analytics Software Predictive Analytics Software 113

Arkieva

AUGUST 4, 2015

You have a favorite forecast accuracy metric(s) you’ve been practicing within the organization for a while, and now you think you are ready to bring it to the Sales and Operations Planning (S&OP) meeting as a Key Performance Indicator (KPI) of your demand planning process. Show the trends : Showing the trend also has two parts.

Forecasting 60

Forecasting Meeting S&OP Report 60

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.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69

Infosys Supply Chain Management

JUNE 20, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Discuss the latest trends and solutions across the supply chain management landscape. IT enablement in areas like Mobile work management, Health and Safety, Metrics monitoring (KPI) etc. Customer Service.

Optimal Sourcing 25

Optimal Sourcing Asset Management Supply Chain Optimization Optimization Software 25