GlobalTranz

MAY 6, 2015

Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. One reason may be that they haven’t made the paradigm shift as to how to implement lean. These metrics should be reviewed frequently to ensure supply chain success.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. Our Rating: 5/5 2.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

ThroughPut

MAY 16, 2024

Powered by data analytics and advanced technologies, every stage of the supply chain can be critically analyzed, starting from procurement to distribution to identify and prioritize improvement opportunities. This opens up avenues to save procurement, transportation, inventory, and warehousing costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Unleashed

APRIL 4, 2024

A recent report found that retail firms around the world must deal with a significant dip in post-holiday sales this year, writes PYMNTS. The Biden administration recently announced a new scheme to help cut metal and chemical emissions in heavy manufacturing, Bloomberg reports. Mini-quiz: How well do you know Lean Manufacturing?

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Strategies Resource Reduction 52

GlobalTranz

NOVEMBER 21, 2017

Some supply chain companies are leaning on the power of analytics to help streamline their processes and get ahead of their competitors. But many companies have struggled to embrace the relationship between using analytics and implementing changes that can improve business performance. Hanesbrand Inc. , Trust in the numbers.

Analytics Software 173

Analytics Software Procurement Analytics Agile and Lean Supply Chain Modeling Software 173

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. In times of uncertainty, cash is king.

Optimal Sourcing 247

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 247

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Unleashed

MAY 9, 2024

It measures the effectiveness of the production process in minimising waste, reducing costs, and maximising output with the available resources. Efficiency focuses on improving metrics like machine uptime, cycle time , defect rates, and utilisation of labour and equipment. This gives you the actual output that you can make each day.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Resource Reduction Inventory Reduction 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. He graduated from the Cambridge Academy of Transport and the Chilean and German Commerce Institute with a degree in maritime transport, respectively.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

Unleashed

DECEMBER 6, 2021

With inventory management and other software features built for the wholesale environment, you’ll be able to work towards success in a number of ways: improved profit margins by holding a lean inventory, optimising inefficiencies to cut labour costs, better strategic decision making through data… the list goes on.

Inventory Management Software 98

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

ThroughPut

OCTOBER 16, 2022

Inventory analytics can go a long way in understanding and improving the inventory performance and often done by an inventory manager. Keeping dead stock for longer periods of time (usually beyond 12 months) can add to the dead weight and impact the purchase of similar items in the future, thus hampering overall inventory management efforts.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Unleashed

DECEMBER 28, 2021

In these fast-moving days of technological advancement and economic change, a lot of manufacturers are talking about going ‘lean’. One major aspect of running a lean business is reducing inventory – that is, a reduction in the amount of inventory your organisation keeps on hand at a given time. Read more: What is Inventory Management?

Inventory Reduction 86

Inventory Reduction Cost Reduction Strategies Waste Reduction Expense Reduction 86

Talking Logistics

APRIL 21, 2016

Ideal transportation operations are difficult to achieve, but an ideal approach to improving transportation in the real world — finding real savings and adding value to other functional areas in the supply chain, or business more broadly — is achievable. Yet, many improvement approaches focus on that green field.

Optimal Sourcing 100

Optimal Sourcing Transportation Purchasing Skills Supply Chain Design Software 100

GlobalTranz

JUNE 18, 2015

So, many suppliers utilize outside logistics management to ensure customers remain fully satisfied and continue to repeat purchasing. Companies that integrate reverse logistics systems into their logistics systems distinguish themselves from competitors in: effective management of inventory availability and cost. customer satisfaction.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

SCMDOJO

MARCH 8, 2024

By negotiating lower MOQs with suppliers, businesses can reduce the amount of inventory they need to purchase at once. Strategies for lead time reduction may include optimizing transportation routes, improving communication with suppliers, and investing in technologies that expedite order processing.

Inventory Reduction 81

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 81

Enterra Insights

DECEMBER 16, 2021

.”[1] His prediction proved accurate. Department of Agriculture (USDA) reported, “The food-at-home (grocery store or supermarket food purchases) CPI increased 1.1 ”[2] The USDA went on to predict, “In 2022, food-at-home prices are expected to increase between 1.5 In November, the U.S.

Supply Chain Design Software 130

Supply Chain Design Software Predictive Analytics Software Pricing Training Purchasing Skills 130

Unleashed

MAY 30, 2024

These approaches to pricing will allow you to determine your balance between profitability and customer satisfaction, leading to a sustainable business model. Identify the value metric for your product Identifying the most valuable attribute of your product, commonly known as the value metric, will guide the scaling of your price.

Price Reduction 52

Price Reduction Negotiating Skills Purchasing Skills Negotiate Pricing 52

GlobalTranz

JANUARY 23, 2018

In other words, the simple act of providing reports to executives and upper-level managers could be considered a form of data visualization, and better reporting will be a fundamental improvement in supply chains throughout 2018, explains Craig Guillot of Supply Chain Dive. Service Supply Chains Will Dominant the Market.

Supply Chain Software 191

Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy Logistics Network Optimization Software 191

Unleashed

FEBRUARY 12, 2024

Handling costs Handling costs encompass the expenses associated with managing and moving inventory within the warehouse or distribution centre. This includes: Labour costs for warehouse personnel Equipment maintenance and depreciation (e.g., The monthly labour cost for these employees is $3,500.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Enterra Insights

JANUARY 4, 2023

”[2] He adds, “Successful supply chain digitization may streamline, mobilize, add resiliency and strengthen a supply chain to aid a company’s bottom line. Businesses will continue to search for and adopt sustainable efforts, from sourcing sustainable raw materials to evaluating greenhouse gas emissions in transportation.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 130

GlobalTranz

DECEMBER 18, 2015

As we head into 2016, we are featuring our most read articles of 2015 in our five main categories: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. No Purchase Orders were used. There was no inventory carrying costs or concern for inventory turns. As always our goal is to educate and inform.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain Optimization 120

OptiProERP

NOVEMBER 14, 2023

Gain Additional Customers In 2024, many consumers and businesses will make purchasing decisions based on a company’s commitment to sustainability. First and foremost, they can implement lean manufacturing principles that focus on minimizing waste at every production stage.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Additional predictions for rate decline have ranged from 51 to 80% (Hand).

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

ToolsGroup

SEPTEMBER 20, 2022

Using this data, advanced predictive models can estimate when failures are likely to occur and recommend appropriate timelines to perform corrective measures, allowing manufacturers to organize their production schedules based on predicted equipment availability metrics. Reduce facility-wide maintenance costs.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

GlobalTranz

FEBRUARY 16, 2017

Companies Will Turn to Low-Cost Marketing and Funding Solutions. However, more companies are still looking for cost-effective ways to develop and test prototypes, and social media and crowdfunding may be the solution, explains Joe Birkedale of Catalyst. reports Louis Columbus of Supply Chain 24/7.

Manufacturing Procurement 245

Manufacturing Procurement Inventory Management Software Supply Chain Design Software Continuous Improvement 245

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 80

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

Unleashed

JANUARY 14, 2024

It refers to the process of purchasing, storing, and tracking the various goods required to build a product. The goal of manufacturing inventory management is to balance the supply and demand of products and minimise manufacturing costs and waste. For this reason, food manufacturers in particular run a high risk of spoilage and waste.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Unleashed

MARCH 31, 2021

A lean business looking to build efficiencies would do well to try and improve this metric. How to calculate: Days of Inventory (number of days inventory on hand) plus Days of Receivables (number of days for customer to pay for orders), then subtract Days Payable Outstanding (number of days it takes you to pay for purchases).

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

ThroughPut

APRIL 6, 2020

This includes the optimal placement of inventory within the supply chain, minimizing operating costs including manufacturing costs, transportation costs, and distribution costs. This process usually involves the application of mathematical modelling techniques using computer software. Inventory control.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

SCMDOJO

MARCH 7, 2023

It’s a mechanism used to eliminate waste in lean manufacturing principles. It could span from purchasing-related processes like RFQ management and Purchase Order Management to Sales and Marketing or Engineering Change management processes as well as the Hiring process and many more.

Supply Chain Software 90

Supply Chain Software Waste Reduction Agile and Lean Supply Chain Supply Chain Optimization 90

Supply Chain Matters

AUGUST 22, 2022

Last week’s quarterly financial performance reporting among major U.S. The retailer had reported a big earnings miss as higher inventories and supply chain related costs dragged down expected profitability. This week’s report of Target’s financial performance reflected that action, but operating margins actually declined to 1.2

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Logistics Viewpoints

JULY 22, 2022

The two new prototypes are both based on the Hummingbird, which Wing says can carry about 2 pounds and has made hundreds of thousands of deliveries in Dallas suburbs, Virginia, Australia, and Finland. According to The McCown Report, imports to the top 10 US ports rose 5.9 This month looks like it will be the best or second-best July.

Logistics Network Optimization Software 211

Logistics Network Optimization Software Supply Chain Design Software Oakland Demand Planning Software 211

ThroughPut

APRIL 2, 2020

This includes the optimal placement of inventory within the supply chain, minimizing operating costs including manufacturing costs, transportation costs, and distribution costs. This process usually involves the application of mathematical modeling techniques using computer software. Inventory control.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 52

Cathy Roberson

SEPTEMBER 15, 2022

Shippers are scrambling to make contingency plans while other transportation modes – air, trucking, and perhaps barge – prepare to handle additional volume should there be a rail strike. This figure also includes the shipment of e-commerce purchases and other small parcel shipments.

Purchasing Skills 52

Purchasing Skills Pricing Training Procurement Analytics Purchasing Training 52