GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

GlobalTranz

FEBRUARY 25, 2021

What is reverse Logistics? Before we dive in the nuances of reverse logistics, otherwise known as return logistics, integration, let's briefly recap what reverse logistics is. Reverse logistics refers to all operations related to the reuse of products and materials.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

Locus Robotics

JANUARY 2, 2024

By Inés Alcántara, Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success. There are five pivotal solutions and trends that are reshaping the logistics landscape.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Locus Robotics

JANUARY 2, 2024

Home January 02, 2024 5 Ways to Cope with Changing Logistics Demand in 2024 Inés Alcántara , Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

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 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Unleashed

APRIL 21, 2024

Order processing refers to both the physical and digital aspects of ensuring a customer’s order is fulfilled on time and accurately. Tracking: Order tracking systems keep the customer updated on the journey of their purchase, ensuring transparency until the order is delivered.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

Elementum

FEBRUARY 7, 2024

This integration allows for the automation of straightforward tasks, freeing up resources for more complex processes that require AI’s predictive capabilities and decision-making. Predictive analytics forecast potential disruptions, allowing for proactive measures to minimize delays and enhance customer satisfaction.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Opz

JANUARY 3, 2022

Are you looking for logistics management books? In this article, we will show you 5 books that'll help you learn logistics faster than any other logistics book. In the United States, the median wage for a Logistics Manager is around $70,000 annually. Best Logistics Book for Beginners: 1.

Logistics Network Optimization Software 130

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

Locus

APRIL 13, 2023

This newly-added focus has pushed companies to invest in logistics software that helps them improve their delivery process and make it more customer-friendly. So, if your business is looking for the top logistics software companies, you’ve come to the right place. Let’s dive in!

Logistics Network Optimization Software 52

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

Unleashed

MARCH 31, 2021

However, when people refer to supply chains, they often use the terms ‘supply chain’ and ‘logistics’ interchangeably. The difference between supply chain and logistics. What is logistics? Logistics is a subset of the wider supply chain that controls the movement and storage of goods between nodes in the wider network.

Supply Chain Planning Software 69

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

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? Cost per unit. Backorder rate.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

crisp

OCTOBER 20, 2022

In this guide, we’ll show you what metrics those are, easy ways to find them, and how you can use them to accelerate your brand’s retail growth. Now that you know how to access your retail data easily and often, here are the metrics you’ll want to keep on hand: Velocity. What do voids refer to? Distribution.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Data Waste Reduction 98

Unleashed

AUGUST 20, 2023

In manufacturing, for example, lead time refers to the amount of time it takes for a product to move through the entire production process , from when the initial order or request was made to the final delivery. For customers, it can mean the time it takes to receive an order after they have purchased it.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Unleashed

JANUARY 31, 2023

The result is high costs and unsatisfied customers. Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. In this guide to lean logistics: What is lean logistics? Let’s explore how to make it work for your business.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

ShipBob

DECEMBER 13, 2023

By the end of this article, you’ll gain insights into which inventory health indicators you should be monitoring, how to overcome common inventory management hurdles, and see how a third-party logistics provider like ShipBob can help. These metrics provide valuable insights into how well your inventory is managed.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

SCMDOJO

MARCH 8, 2024

Reduction of Minimum Order Quantity (MOQ): MOQ refers to the minimum quantity of a product that a supplier is willing to sell. By negotiating lower MOQs with suppliers, businesses can reduce the amount of inventory they need to purchase at once. Optimize the process where required based on feedback and performance.

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

SYSPRO Smarter ERP

NOVEMBER 3, 2021

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. Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service.

Manufacturing Procurement 105

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

Supply Chain Collaborator

NOVEMBER 16, 2017

The bellwether metric – spot rates – are pegging the meter. higher than contract rates and refer units are commanding a premium of almost 6% higher than contracts. This trend shows few signs of abating due to the additional pressures and costs incurred by the ELD mandate which has been forcing many small carriers out of the market.

Just-in-Time 60

Just-in-Time Negotiating Skills Transportation Purchasing Skills 60

Logistics Bureau

OCTOBER 20, 2021

In reality, though, most of those instruments are there for reference in case of exceptions to normal flight conditions. These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.”

Supply Chain Design Software 80

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

Logistics Viewpoints

NOVEMBER 30, 2020

On November 18 th , Target Corporation reported its third quarter earnings. In one article from a few years ago a pundit said, “The dirty little secret about omnichannel that is not getting nearly enough attention – omnichannel can cost a lot more than simply running stores.” Target admits logistics costs are increasing.

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

Logistics Viewpoints

MARCH 27, 2023

When companies talk about improving their forecasting, they are most often referring to demand forecasting. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Doing this, increases the benefits.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Logility

JUNE 2, 2023

Accurate forecasts shape every crucial business decision, impacting sales, finance, production management, logistics, and marketing. They help minimize inventory, streamline purchasing, optimize distribution, and enhance production efficiency while ensuring the highest level of customer service. Let’s get started!

Forecasting 130

Forecasting Modeling Forecasting Software Supply and Demand 130

Unleashed

AUGUST 23, 2023

In warehouse management, warehouse logistics ensures these processes are optimised to cut costs and boost efficiency. This article untangles the jargon of warehouse logistics, explores its benefits and challenges, and breaks down the best practices that can help improve supply chain management.

Warehousing 52

Warehousing Logistics Network Optimization Software Supply Chain Design Software Inventory Management Software 52

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. Returns management vs. reverse logistics Returns management refers to managing the entire returns process.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

The Logistics & Supply Chain Management Society

JULY 20, 2020

Team re-building, split of responsibilities/tasks, border closure challenges, quick navigation of stock management, prioritisation of logistics to consumer needs and coordination with partners upstream and downstream. Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models.

Agile and Lean Supply Chain 230

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

Supply Chain Opz

NOVEMBER 12, 2016

Therefore, the challenge to establish ranking method is to find more economical data source and unbiased metric. As you may notice, the search results will always show number of citations or how many times each publication is referred to by other publications.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Gartner Supply Chain Strategy 271

Enterra Insights

AUGUST 18, 2021

The Thomas staff reports, discrete manufacturing accounts for the largest proportion of IIoT spending. Traceability (sometimes referred to as supply chain transparency) is also becoming an important capability. ” Today’s customers expect to know when their purchased products will be delivered. ”[5].

Supply Chain Design Software 130

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

Supply Chain Opz

JANUARY 29, 2020

Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. As you may notice, the search results will always show a number of citations or how many times each publication is referred to by other publications. References - Moed, H. The links below are #paid links.

Agile and Lean Supply Chain 100

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

Unleashed

JANUARY 24, 2022

MRO stands for Maintenance, Repair and Operations and refers to the MRO of the machinery, equipment, and tools necessary to run a business. For example, you may look after PPE and office equipment in-house but have a supplier of maintenance equipment monitor this inventory on your behalf who raises purchase orders when stocks are low.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Locus

JULY 10, 2023

Shockingly, according to a Gartner report, only 21% of companies boast a robust supply chain network that provides adequate visibility and agility. It’s crucial that supply chain managers receive data-driven insights into their logistics operations. They’re essentially open to multiple delays from all kinds of obstacles.

Supply Chain Optimization 52

Supply Chain Optimization Real-time Visibility Optimization Software Agile and Lean Supply Chain 52

Enterra Insights

SEPTEMBER 16, 2019

Jennifer Furey and Rebecca Harris, attorneys at Goulston & Storrs, report, “Millennials are expected to inherit approximately $30 trillion in assets over the next 30 to 40 years. In retail, buyers want to understand where the products they are purchasing are coming from and how they were created.” ”[3].

Supply Chain Design Software 174

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 174

NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. They may provide specific KPI benchmark levels for a process (in such terms as percentage cost savings).

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Unleashed

DECEMBER 21, 2023

Inventory management solutions are the systems and processes designed to effectively oversee the entire lifecycle of your business’s inventory, from procurement and storage to distribution and sales. It ties up precious capital, leads to extra storage costs, and may result in the product becoming outdated before it can be sold.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Unleashed

MARCH 9, 2021

What is procurement? 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. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

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.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52