crisp

OCTOBER 20, 2022

Discover the essential data points every growing brand should have on-hand to be a successful and proactive retail supplier — without spending your whole day in spreadsheets. Brands in the retail space know that the supplier-retailer relationship is critical to their success. Retail data: A brand’s greatest asset.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Data Waste Reduction 98

Locus

DECEMBER 23, 2022

This is reason enough for retailers to double down on their delivery efforts in the last mile. But even with this knowledge, what’s stopping retailers and e-commerce companies from providing excellent delivery experiences to their customers? Retailers must be able to cater to the unique delivery preference of their customers.

Analytics Software 52

Analytics Software Retail Supply Chain Planning Software Demand Planning Software 52

The Logistics & Supply Chain Management Society

JULY 20, 2020

retail, e-commerce, food production). The rush to stockpile basic needs like food, beverages and toilet paper led to a dramatic increase in sales at retail outlets such as supermarkets. The philosophy of lean, triggers us to look for the “Ideal Way”. Arguably, it is criticised that acting too lean can cause breakdowns in crisis.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

ModusLink Corporation

SEPTEMBER 20, 2010

Previous commentaries on Value Unchained noted a recent University of Tennessee research study, “Green, Lean and Global Supply Chain Strategies.” In the posting, Beyond the Research Part Three: Green and Lean Global Supply Chain Strategies , the researchers at the University of Tennessee made a rather important observation.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Lean Waste Reduction Vendor Strategies 119

Supply Chain Shaman

JUNE 26, 2017

As a result, tor most companies, the goals are unclear and the financial metrics are not well-understood. This year-over-year comparison, enables visualization of performance on two metrics. In addition, they rank last in their ability to drive metrics improvement. ” The answer will be “Yes! A Closer Look at P&G.

Sourcing Strategies 152

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Strategy 152

Unleashed

JULY 2, 2023

Days Inventory Outstanding (DIO) is a fundamental inventory metric for measuring efficiency and liquidity inside a product business. Days Inventory Outstanding (DIO) is a liquidity metric which measures the average number of days inventory is held in a business before it is sold. What is Days Inventory Outstanding?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

Supply Chain Shaman

MARCH 18, 2018

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics. The Effective Frontier.

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 171

Supply Chain Opz

OCTOBER 27, 2013

Metrics used to evaluate these new books are as below, 1) Citation count from Google Scholar 2) Number of reviews found on Amazon.com 3) Editorial Opinion Citation count is a standard way to evaluate any publication. So, customer''s review on Amazon.com (3 stars or more) is also used as a metric.

SCM 246

SCM Procurement Analytics Agile and Lean Supply Chain Chad 246

The Lean Supply Chain

APRIL 24, 2015

Supply Chain management is one of the main disciplines of any economic sector from manufacturing to distribution to retail. Include the need for Continuous Improvement and implementation of Lean initiatives: 5S, Kaizen, Kanban and Six Sigma… The consumer phase is a significant stage in the wine’s life cycle.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Lean Six Sigma Supply Chain Software 40

SCMDOJO

APRIL 29, 2024

Efficient production processes, quality control measures, and lean manufacturing techniques are crucial for optimizing productivity and minimizing waste. Lean Principles: Implementing lean principles helps eliminate waste, improve efficiency, and reduce costs. Let’s explore some common KPIs in supply chain management.

Supply Chain Planning Software 54

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 54

GlobalTranz

OCTOBER 21, 2015

This is the first post in an ongoing series on effective KPI management from third party logistics consultant, Chuck Intrieri, of The Lean Supply Chain. . All KPIS have metrics to measure. One of the goals of the SLA/KPI should be Continuous Improvement or Kaizen (LEAN initiative). What is a Service Level Agreement (SLA)?

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Supermarkets, retailers and importers are beginning to lift prices in response to the crises, essentially passing the costs onto their customers. Even in Malaysia, retail sales during Christmas and Chinese New Year showed an 26.5% And this was before the Russian invasion of Ukraine began. GLOBAL CRISES DRIVE PRICES SKY-HIGH.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. Lean Manufacturing Principles: Lean manufacturing methods focus on continuous improvement and promote efficiency throughout the production chain.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

Supply Chain Opz

JANUARY 29, 2020

In short, Nielsen provides the point of sales data from various retail outlets and gross sales quantity will be summarized. Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. Anyway, the access to this database costs an arm and a leg. Interfaces, 38(6), 469-484.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 100

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . Key performance indicators (KPIs) are the quantifiable metrics companies use to gauge their progress toward a specific goal. . Not sure what those metrics are? Stock availability.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Supply Chain Opz

APRIL 15, 2015

Are you looking for lean books that help you create sustainable change? In this article, we will show you 10 best lean books every lean enterprise should read. Since lean concept is practice oriented, it has been adopted very well by both practitioners and academics. Womack, Daniel T. Jones and Daniel Roos.

Lean 100

Lean Manufacturing Procurement Massachusetts Sourcing Strategies 100

Unleashed

NOVEMBER 15, 2021

Mass customisation is also known as: Made-to-order Built-to-order Increasingly popular in the retail goods sector – but also used in the automotive, software and finance sectors – mass customisation allows customers to purchase a product that is more ‘them’. The frozen yoghurt trend Remember when frozen yoghurt started to get big?

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Forecasting Software 98

Talking Logistics

AUGUST 20, 2018

A total of 137 respondents completed the survey from Manufacturing, Retail, Logistics Service Provider, and other companies in the Americas, EMEA, and APAC. Is customer experience a supply chain metric at your company? Logistics Service Providers Focus on Delivering Innovation.

Innovation 100

Innovation Company Cost Reduction Strategies Logistics Network Optimization Software 100

Locus

OCTOBER 6, 2023

The consensus leaned toward features like automated order allocation, carrier selection, deep analytics, enhanced fleet visibility, and automated invoice generation, to name a few. However, the strategic advantages aren’t merely confined to tangible metrics.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Software System 52

Supply Chain Game Changer

OCTOBER 8, 2019

Most definitions of disintermediation characterize it as the elimination of intermediaries, or “ cutting out the middleman “ Further consider that the “Wastes” associated with Lean thinking and principles include transportation, inventory, over production and motion amongst others. Why is this relevant?

Waste Reduction 63

Waste Reduction Inventory Reduction Resource Reduction Price Reduction 63

American Global Logistics

SEPTEMBER 12, 2023

Lean manufacturing and just-in-time production minimize waste and inventory levels while maximizing efficiency. Collaborative planning, forecasting, and replenishment (CPFR) enable real-time collaboration between suppliers and retailers, enhancing inventory management and reducing stock-outs.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

New Horizon Supply Chain Blog

AUGUST 30, 2023

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S. appeared first on New Horizon.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

New Horizon Supply Chain Blog

JULY 15, 2022

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S. To Learn More. Contact Us.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Supply Chain Shaman

MAY 1, 2014

My take: When the adoption of standards happened in CPG/retail, Danny Wegman of Wegmans, Sandy Douglas of Coca-Cola, and Tim Smucker of Smucker’s led the charge. This has happened faster in hospitals than in retail. Yet, the attendees wanted to discuss Lean warehousing. Hospitals have aggressively adopted B2B automation.

Supply Chain Planning Software 289

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 289

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. The last supply chain case study in the fashion retailing industry is Adidas. Moreover, the aircraft manufacturers have to do whatever it takes to win the order long before the commencement of production.

Case Study 239

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

SCMDOJO

MARCH 8, 2024

Company X, a medium-sized retailer, implemented a combination of the top 5 strategies discussed in this blog. Key metrics to monitor include: Inventory Value: Measure the total value of inventory to ensure optimal investment. Read more on 10 Inventory Control Techniques That Are Evergreen on our website SCMDOJO!

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

Supply Chain Shaman

JANUARY 28, 2015

In our work on the Supply Chains to Admire report , we tracked the progress of manufacturing, retailing and distribution companies for the period of 2006 to 2013 and 2009-2013. We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC).

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

4WL Consulting

JULY 8, 2015

A recent study by American Shipper found that, only 40 percent of manufacturing and retail shippers plan on expanding ocean carrier bases, while only 60 percent plan to expand their trucking carrier bases this year. Both Large and Mid-sized shipping companies rely on procurement personnel.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Optimal Sourcing 100

Veridian Solutions

SEPTEMBER 24, 2018

The Number of WMS Cybersecurity Risks Are Growing As explained by the Lean Supply Chain , as many as 26 billion IoT-connected devices will be used by 2020. Constructive metrics. Higher functionalities may imply connection to the internet and through third-party services, including those of Big Box retailers and Amazon’s marketplace.

Security 45

Security Warehousing Vendor Strategies Supply Chain Planning Software 45

Supply Chain Shaman

JULY 8, 2013

In the Supply Chain Metrics that Matter table, we can clearly see that “operating margin” and “inventory turns” matter to public financial performance. Each faces four years of deterioration on this important supply chain metric. Today, retailers have a large store count with increased velocity.

Supply and Demand 213

Supply and Demand Demand Planning Software Modeling Supply Chain Planning Software 213

GlobalTranz

OCTOBER 27, 2015

Let's talk about the outputs, or desired metrics worth measuring, in each category of what a logistics company might provide. Implementing and sustaining LEAN initiatives : 5S, Kaizen, Kanban and LEAN Six Sigma to bring value to the customer and go beyond their expectations.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

DiManEx

JUNE 18, 2019

Define and monitor commercial success metrics through analytics and user feedback. ? Highly analytical with ability to tie product decisions & recommendations to ROI, data, and available metrics. ? Experience with Lean Startup methodologies. ? Champion our products to customers, partners, investors and at external events. ?

Analytics Software 53

Analytics Software Supply Chain Network Software Optimization Software Waste Reduction 53

Kinaxis

SEPTEMBER 6, 2016

A lot of the products being shipped by Hanjin are headed to US and European retailers getting ready for the holiday season (toys, electronics, clothing, furniture, etc). There is a constant push to free up working capital by leaning down on the inventories. In short, it is a mess! Such risks are on the rise.

Supply Chain Planning Software 100

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Shipping 100

Supply Chain Game Changer

NOVEMBER 14, 2018

Supplier and Company Manufacturing facilities, Warehouses, Distribution Centres, Retail outlets, Return and Repair operations and Consolidation points are all Supply Chain nodes which use resources to perform their processing activities. And one of the fundamental objectives in any Lean program is the need to reduce waste.

Waste Reduction 59

Waste Reduction Material Savings Resource Reduction Cost Reduction Strategies 59

Talking Logistics

JUNE 30, 2015

Smaller companies have lean shipping departments and are often focused on moving product with little time and energy remaining to negotiate contracts and analyze freight spend. Adopt performance metrics for carriers. Large and mid-size shippers typically have procurement personnel but may lack coordination across shipping locations.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Kinaxis

MAY 18, 2016

Procurement might have hit their cost savings metrics, but if it meant purchasing more than needed, and that might hurt your warehouse inventories. The S&OP process 3-4 years ago didn’t lean on that as much as it does now. Retailer A is still competing with Retailer B. Also, we can’t talk like Supply Chain geeks.

Supply Chain Software 100

Supply Chain Software Gartner Supply Chain Planning Software Agile and Lean Supply Chain 100

Supply Chain Game Changer

NOVEMBER 22, 2018

Just like in Retail, where there is a new Sale or Season every couple of months, so in FarmVille there is a new Event every few weeks. And just like in Retail you want to ensure that you don’t end up with a lot of inventory at the end of the Sale, or Event, which you may have to mark down to sell. Event Management.

Supply Chain Planning Software 46

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Optimization 46