Unleashed

JANUARY 16, 2024

Landed cost is a crucial metric for understanding profitability at the product level. It includes any raw materials, freight, customs duties, insurance, warehousing, and related fees and overheads. The landed cost metric is helpful for businesses because it produces an accurate picture of a product’s total cost.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

Logistics Bureau

OCTOBER 30, 2017

Many people get really confused about KPIs or Key Performance Indicators in Logistics and Supply Chain operations. Cost as a percentage of sales (Logistics or Supply Chain). Inventory management. Purchasing and supplier management. Warehousing. Total logistics cost. Which ones to use?…

KPI 94

KPI Guinea-Bissau Virgin Islands Papua New Guinea 94

Unleashed

MAY 10, 2023

Automation in supply chain management ranges from software tools designed to handle menial data entry tasks to AI-driven robots that can be deployed for automatic storage and retrieval tasks. By getting better at collecting data, you’ll be able to learn more about your business, including the complex relationships between various metrics.

Supply Chain Software 52

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

SCMDOJO

MARCH 8, 2024

Vendor Managed Inventory (VMI): VMI is a collaborative approach where suppliers manage inventory levels for their customers. Suppliers monitor stock levels and replenish inventory automatically, based on agreed-upon criteria such as sales data or predefined inventory levels.

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

Taulia

OCTOBER 20, 2021

In today’s challenging market, companies face multiple challenges, from shortages of crucial components to port congestion, high shipping costs, logistics delays and uneven customer demand. As such, an efficient supply chain is one in which orders are fulfilled by suppliers on time, while minimizing operational costs.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

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. exact location of goods (on order, in transit, or in a warehouse)). Decision Making. Olhager, J., Persson, F.,

Agile and Lean Supply Chain 230

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

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. AI for supplier relationship assessment. The solution? for smooth product movement across the line.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

ThroughPut

DECEMBER 8, 2023

In the context of supply chain management, prescriptive analytics leverages raw historical data and performance data to determine the best probable courses of action, supporting supply chain decisions through network design, inventory and warehouse optimization, and supplier management.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Unleashed

JANUARY 10, 2023

Improving supply chain visibility looks like this: Integrating data from your various systems into one centralised location Working with suppliers to increase supply chain transparency Automating data collection, analysis, and reporting Supply chain visibility relies on accurate, synchronised data. That’s right: your own production process.

Supply Chain Planning Software 52

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

Unleashed

APRIL 3, 2023

Limited reporting: QuickBooks lacks deeper business insight reporting than surface-level metrics, meaning evidence can’t be produced for certain quality control, profitability, and efficiency decisions. Other benefits of using Unleashed Quickbooks inventory software: Flexible order management. Tracking across multiple warehouses.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

QAD

MAY 16, 2019

The Automotive Industry Action Group (AIAG) and Odette International are releasing the fifth version of the Materials Management Operations Guideline/Logistics Evaluation (MMOG/LE) assessment this summer. MMOG/LE is used by automotive customers to select and evaluate production and parts, service and warehousing processes.

Supply Chain Planning Software 100

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 100

Unleashed

JULY 10, 2023

Supply chain management – maintaining and improving supplier relationships , negotiating sales agreements, and assessing the quality of goods and delivery reliability from various vendors. Inventory management – the systems in play for bringing stock in, managing units in the warehouses, and delivering orders to the customer.

S&OP 40

S&OP Supply and Demand Supply Chain Planning Software Inventory Reduction 40

Unleashed

MARCH 26, 2023

Xero’s native inventory features include: Track up to 4000 stock items Enter and review stock quantities Add items to an invoice You can use this information in conjunction with Xero’s regular accounting suite to compare different financial metrics. But as customers purchase products, those levels need to shrink again.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

QAD

OCTOBER 4, 2023

History of Supply Chain Analytics Supply chain analytics began as the idea of scientific management outlined in Frederick Taylor’s 1911 publication of The Principles of Scientific Management. Supply chain management analytics utilizes inbound and outbound logistics information.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Game Changer

AUGUST 23, 2022

Investopedia defines the Cash Conversion Cycle as “a metric that expresses the time (measured in days) it takes for a company to convert its investments in inventory and other resources into cash flows from sales. ” Whichever name you choose to put on this cash management metric and process, the end result is the same.

Negotiate Pricing 94

Negotiate Pricing Supply Chain Software Procurement Analytics Manufacturing Procurement 94

Supply Chain Game Changer

SEPTEMBER 21, 2021

Regardless of how well, or how poorly, inventory management optimization programs are put in place, these priorities are always consistent and seldom change. Inventory Management Headwinds. The pandemic should have caused a fundamental shift in thinking in regard to inventory management. Conclusion.

Inventory Reduction 52

Inventory Reduction Inventory Material Savings Modeling 52

Supply Chain Game Changer

SEPTEMBER 6, 2022

They received goods into their warehouses/distribution centres. Some of the materials were sourced and managed by the customers. Still the sourcing and supplier management of other materials was delegated to our facilities. On the surface it sounded like a typical manufacturing, logistics, or distribution operation.

Optimal Sourcing 80

Optimal Sourcing Supply Chain Optimization Global Supply Chain Planning 80