GlobalTranz

APRIL 5, 2017

With the added pressure to lower costs to end-users, your customers, it’s no surprise that the need for increased scrutiny and cost reductions among inbound logistics partners, your vendors, has gone rogue. This is where an effective inbound logistics guide becomes important. In other words, the term, “metrics,” can be deceiving.

Vendor Strategies 123

Vendor Strategies Cost Reduction Strategies Inventory Reduction Logistics 123

Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. Functional metrics need to be abandoned to focus on balanced scorecard outputs.

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

Supply Chain Matters

JULY 7, 2023

Logistics Managers Index (LMI) that again dropped to an all-time low for June 2023. According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 percentage points in June.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Supply Chain Shaman

AUGUST 12, 2020

On a cold Boston winter day, I slipped into my seat on a back row in a packed conference room at AMR Research. The topic of the meeting was the logistics to launch of the AMR Research Top 25. When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25.

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Supply Chain Matters

JUNE 7, 2023

Logistics Managers Index (LMI) that dropped to an all-time low for May 2023. The May report narrative reinforced that “ the negatives seem to outweigh the positives in the logistics industry.” logistics industry continues in a state of recession. Supply Chain Matters highlights this week’s release of the U.S. The post U.S.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Figure 2: A technology adoption roadmap for transportation and logistics companies considering generative AI.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

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. Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Mistake #5.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

SCMDOJO

JUNE 6, 2023

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. One such tool is the Logistics KPI Dashboard Excel Template, which provides data on key metrics and helps identify areas for improvement.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 89

Logistics Viewpoints

JUNE 1, 2023

As many retailers will look into sourcing products locally, re-evaluating their supply and logistics networks to optimize their supply chains will be more critical than ever. Returns management involving the implications on inventory and reverse logistics is emerging as an integral part of the end-to-end supply chain planning challenge.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Logistics Viewpoints

JULY 22, 2021

In the research conducted by Supply Chain Insights , only 35% of the respondents rated their S&OP process as effective or extremely effective in 2019 compared to 65% for the same in 2016. A close alignment between Procurement and Supply Chain can also yield several very interesting use cases that will help turbocharge your business.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). . We are discussing them.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Logistics Bureau

APRIL 4, 2022

At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now. Alternatively, you can procure access to a digital freight benchmarking platform.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

Talking Logistics

JANUARY 5, 2014

If you’re a supply chain or logistics executive and you’re looking for ways to improve as a leader this year, here are my five recommendations: 1. You have to equate the value proposition to metrics the CFO understands and cares about, such as working capital, cash flow, and other items linked to the company’s P&L and balance sheet.

Logistics Network Optimization Software 178

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 178

Logistics Viewpoints

DECEMBER 14, 2021

To keep customers like my dad satisfied, RGD and Quick-commerce companies need to invest in new technologies to optimize the supply chain and logistics operations. A McKinsey research from July 2020 found that during the pandemic, 75% of shoppers have switched between the brands they frequently shop from.”. Route Optimization.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. The research is the fun part of the process. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering.

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

Supply Chain Matters

OCTOBER 12, 2022

In this Supply Chain Matters posting we highlight published September 2022 indices of global supply chain volatility ( GSPI ) and US Logistics Index ( LMI ) activity trends along with our view of the implications. Logistics Managers Index. The takeaway for September was that global manufacturing activity officially fall below the 50.0

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Supply Chain Shaman

JUNE 5, 2013

Integration of corporate social responsibility metrics in planning. Most often the focus is on transportation or logistics, but does not take into consideration the trade-offs between make, source and deliver. There is a lack of clarity on what drives value and metrics are functional. Procurement. Supply Chain Design.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 216

Supply Chain View from the Field

JANUARY 14, 2015

Such systems are also instrumental in establishing aligned tactical and strategic performance metrics systems that drive improved economic outcomes (Bendoly et al., ERP systems are designed to integrate transactions from finance, human resources, procurement, operations, sales and marketing, logistics, and other functions in a firm.

Manufacturing Procurement 60

Manufacturing Procurement Negotiating Skills Purchasing Skills Procurement Analytics 60

American Global Logistics

JULY 14, 2023

business logistics amounts to 9.1% business logistics reflects the highest percentage of GDP in history. However, there is a need for more precise and comprehensive metrics to understand the full economic impact of supply chains. This research will help to measure the economic contributions of supply chains in various regions.

North Carolina 52

North Carolina Supply Chain Software Modeling Procurement Analytics 52

Logistics Viewpoints

MAY 19, 2022

Not only are these pre-purchased components and assemblies gobbling up cash, they raise the risk of obsolescence, which these days represents not only wasted resources but also a potential hit to sustainability metrics. The post Better Ways to Address Trade-Offs with Supply Chain Optimization appeared first on Logistics Viewpoints.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

Proxima

JANUARY 5, 2021

Today’s supply chain and procurement leaders are facing a monumental task: how to create a resilient, ambitious, and innovative organizations while transitioning to a new year, and balancing the lasting impact that this pandemic has brought upon them. Put those metrics into motion to make improvements based on solid knowledge.

Expense Reduction 52

Expense Reduction Price Reduction Modeling Optimal Sourcing 52

Talking Logistics

JANUARY 4, 2016

Did you come up with any New Year’s resolutions to improve as a supply chain and logistics leader this year? From “5 New Year’s Resolutions for Supply Chain & Logistics Executives” originally published on January 14, 2014: 1. If you have your own list of resolutions, please post a comment and share. Ask “What are the risks?”more

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Supply Chain 100

SCM Research

JUNE 24, 2021

What does this mean for the operations and supply chain management (OSCM) research community? Once again, only the following OSCM journals were classified in category 4*: Journal of Operations Management , Management Science and Operations Research. This is good news for both logistics and procurement scholars.

Journal 28

Journal San Francisco Manufacturing Procurement Procurement Analytics 28

Supply Chain Matters

AUGUST 8, 2022

Logistics Managers Index. Interestingly, the downshifts we observed in transportation metrics were much more muted in the last week of July, leaving open a possibility for a bit of recovery as we move towards peak season. Warehousing and Inventory metrics continue to buoy the logistics sector. Additional Data- U.S.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

Supply Chain Shaman

JUNE 21, 2016

I did not understand warehousing and transportation until reassignment to a logistics role in 1985. The metrics reward functional thinking. The focus of APICS is manufacturing, CSCMP’s foundation is in logistics, and ISM serves the procurement organization. I am a product of traditional, silo-based thinking.

Supply Chain Design Software 161

Supply Chain Design Software Supply Chain Planning Software Network Design Software Modeling 161

Supply Chain Game Changer

OCTOBER 4, 2022

Management teams should concentrate on the logistics system in addition to administrative chores and adopt methods to assist molding manufacturers in meeting their goals. A PMO may help a company’s procurement process by approving supplier names, documents, and histories and taking the necessary remedial steps.

Manufacturing Procurement 81

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 81

Enterra Insights

JULY 18, 2023

Supply chain and logistical problems caused by water woes make matters worse.”[2] Researcher Matus Samel explains, “The consequences of mismanagement of water resources on human health and prosperity are devastating. By one estimate, some $15.5 Stimulate private investment through blended financial solutions.”

Resource Reduction 130

Resource Reduction Industrial Industry Waste Reduction 130

Supply Chain Matters

MAY 23, 2022

logistics reinforce both headwinds and added concerns. US Logistics Managers Index. Also reported was less change in Inventory and Warehousing metrics as costs continue to grow and capacity remains tight. Logistics Managers index reflects a lull in imports to U.S. Global Supply Chain Pressure Index. The latest U.S.

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

The Logistics & Supply Chain Management Society

APRIL 26, 2022

A research from Google, Temasek Holdings and Bain & Co showed the region’s online spending could reach $1 trillion by 2030. This is forcing organisations to change the way business and logistics management are being handled to improve forecast accuracy, ensure compliance, reduce costs of goods and to handle delays effectively.

Supply Chain Planning Software 246

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

Supply Chain Shaman

MAY 21, 2013

Over the course of the last week, I have been working on healthcare research. As I worked with healthcare leaders, and shared the research available on slideshare , I better understood the individuals’ pain. Generalize procurement of materials. Supply Chain Metrics That Matter: A Focus on the Pharmaceutical Industry.

Modeling 236

Modeling Modeling Software Pharmaceutical Procurement Analytics 236

GlobalTranz

FEBRUARY 6, 2017

Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017. For example, Johnson & Johnson procurement professionals actively review market trends before making purchases.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

Supply Chain Collaborator

MARCH 4, 2015

If ever there was a perfect time to engage a logistics IT solution like TMS, Optimizer or Yard Management tool, it is now. Let’s look at some of the ways investing in logistics IT today will pay off the next time fuel prices surge. Intelligent Procurement. Projected Savings Range. Routing Effectiveness. Up to 2% savings.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Optimal Sourcing Optimization Software Supply Chain Software 60

Supply Chain Matters

FEBRUARY 14, 2024

Moeller Maersk , operators of Maersk Line plummeted a reported 18 percent as the carrier and logistics services provider reported full year 2023 financial performance that disappointed investment markets. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

Unleashed

OCTOBER 6, 2021

A little bit of desktop research can deliver an easy boost to the business’ bottom line. Use a 3PL Working with a 3PL (Third Party Logistics) partner can be an excellent investment , particularly if the business is small with limited labour and warehousing capacity. As such, it makes sense to set KPIs for inventory management.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Game Changer

MAY 5, 2021

Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. The competencies required to bring about this new model can be bigger than redesigning RFPs or the Procurement process.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52