Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Supply Chain Shaman

FEBRUARY 18, 2021

The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. Also, the solutions lacked flexibility. No company interviewed was able to successfully use their current what-if solutions to model pandemic impacts. Lessons Learned. The reason?

Supply Chain Planning Software 292

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 292

Unleashed

APRIL 21, 2024

Once confirmed, the ordered items are picked from your inventory, sorted, packed, and shipped to the customer. While order processing ensures the accuracy and efficiency of the sale transaction, order fulfilment focuses on the logistics needed to physically deliver the product to the customer, on time and without errors.

Inventory Management Software 52

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

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. BD and its 75,000 employees ship more than 45 billion devices annually to customers in over 190 countries. BD, was using a supply chain risk management solution. They ended up with a solution from Everstream.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

OptiProERP

MAY 3, 2021

Enterprise Resource Planning (ERP) solutions are now a dime a dozen. It’s for this reason that careful attention is needed when selecting the right ERP software for your specific business requirements. There are several options of software solutions to meet your supply chain management needs.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Procurement Solutions Analytics Software 93

GlobalTranz

OCTOBER 2, 2017

Understanding last mile logistics is only half the battle. Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points.

Inventory Reduction 363

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 363

DELMIA Quintiq

AUGUST 7, 2023

Self-aware software driven systems: Having a smarter, more connected system supports autonomous equipment to improve production performance. Leveraging the right solution, industrial equipment companies can achieve this by targeting one of the weaker links in the value chain: the gap between production and warehouse management.

Material Savings 156

Material Savings Agile and Lean Supply Chain Manufacturing Procurement Inventory Reduction 156

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. Brand loyalty is no longer the driver for consumer purchasing decisions.

Supply Chain Planning Software 246

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

Intelligent Audit

JULY 5, 2022

FedEx Partners with FourKites to Develop Logistics Intelligence Platform. Large shippers and logistics providers can use the tool to track orders, manage delivery providers and find alternate routes in the case of weather delays or other disruptions,” FourKites CEO Matt Elenjickal wrote in an email to Supply Chain Dive.

Quality 52

Quality Supply Chain Planning Software Procurement Solutions Procurement Analytics 52

QAD

JANUARY 19, 2023

Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Logistics is a larger focus for transportation companies. Let’s dive in. What is a Supply Chain?

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 93

Talking Logistics

NOVEMBER 9, 2018

Below are some photos from the JDRF Ride to Cure in Santa Fe , including some scenic ones of the course taken by teammate Kelly McCauslin from BluJay Solutions (who set a personal mileage record that day!) Our Logistics Leaders for Type 1 Diabetes Cure Team raised $58,706 this season — a new record!

Logistics Network Optimization Software 101

Logistics Network Optimization Software Supply Chain Network Software Optimization Software Supply Chain Software 101

Turvo

AUGUST 31, 2021

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Optimal Sourcing 59

Kanban Logistics

AUGUST 13, 2020

What is inbound logistics? See, there’s a big difference between handling inbound logistics yourself and outsourcing it to a trusted North Carolina third-party logistics (3PL) provider that knows the manufacturing industry. What is inbound logistics? 3PL inbound logistics services. Third-party procurement.

3PL 98

3PL Manufacturing Procurement Logistics Network Optimization Software Material Savings 98

Unleashed

AUGUST 16, 2023

Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. A backorder is a customer order that could not be fulfilled immediately but will be shipped out once the ordered items become available. The inability to purchase out-of-stock goods will usually send a customer elsewhere.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

Zipline Logistics

DECEMBER 5, 2022

While salespeople are fantastic at closing deals, their expertise doesn’t usually include understanding each retailer’s delivery expectations or how to meet them logistically. Survey insights reveal that 90% of retail buyers say a supplier’s ability to deliver on time impacts their purchasing behavior of that brand.

Cost Reduction Strategies 81

Cost Reduction Strategies Price Reduction Logistics Network Optimization Software Price Mitigation Strategies 81

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The simplifying assumptions small companies make don’t significantly impact the quality of the plan produced. The company ships directly to customers and also to distributors.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

Supply Chain Shaman

AUGUST 24, 2020

Phone calls to Europe or Asia were costly and of poor quality. Like a rocket ship traveling to Mars, a new press release popped into my email each day. IBM purchased Sterling Commerce. All solutions, irrespective of capabilities, call themselves a network. The telephone could not interconnect with other networks.

Supply Chain Network Software 342

Supply Chain Network Software Manufacturing Procurement Purchasing Skills Procurement Solutions 342

Precoro

APRIL 18, 2023

On the other hand, a software development company wouldn’t need to purchase raw materials but rather goods – such as hardware – and services, like software subscriptions. Shipping Rates Delivery cost makes up a significant part of a company’s procurement expenses, so visibility is essential for taming the spending.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. It includes tasks such as managing inventory, packing and shipping customer orders, and processing returns. Procurement and purchasing Before goods can be sold and delivered to customers, they must be produced, acquired, and prepared for sale.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Supply Chain Game Changer

JUNE 28, 2021

Satellite solutions article and permission to publish here provided by Chiyako Ikeda. For all those in the shipping industry, satellite solutions can significantly assist in all areas of coordination. Read on to learn why state-of-the-art satellite solutions are a game-changer for the maritime industry.

Procurement Solutions 96

Procurement Solutions Supply Chain Network Software Industrial Industry 96

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. However, that same year, software company Steam announced a new open refunds policy and it was immediately abused by online users.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” ” Yet leaders with high-quality master data are 1.5x less likely to be affected by supply chain disruptions.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

The Logistics & Supply Chain Management Society

MARCH 22, 2022

One Network’s NEO Platform handles supply chain forecasting, sourcing, planning and execution (with routing and logistics optimization) for what may be the largest supply chain control tower deployment in the world. Ensure Product Quality: Traceability Across the Supply Network. End-to-End and Real-Time Logistics.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

Unleashed

JANUARY 14, 2024

It refers to the process of purchasing, storing, and tracking the various goods required to build a product. Manufacturing inventory management requires a coordinated approach across production, purchasing, sales, and logistics departments. Implement quality control measures to prevent defects or rework.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

ThroughPut

FEBRUARY 2, 2024

Sluggish vs Optimized Transportation and Logistics Without Advanced Analytics : Logistics operations may operate on static routing and scheduling, not accounting for variables like traffic, weather, or sudden changes in demand. This includes data from suppliers, production facilities, logistics services, and customer feedback.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

ThroughPut

MARCH 28, 2024

Integrating Artificial Intelligence (AI) within different segments of the Food Industry, including transportation and logistics, production planning, quality control, and others has kicked off revolutionary transformations. Enhance Food Safety & Quality AI is helping food companies become compliant and transparent.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

CH Robinson Transportfolio

JUNE 29, 2020

Policy 5 requires all medical supplies to meet quality standards of the importing countries, this policy also separated out the process for medical-grade and non-medical-use devices. And due to the nature of the shipping industry, these regulations can change quickly—especially for medical grade equipment. Metered freight solutions.

Shipping 56

Shipping Manufacturing Procurement Cost Reduction Strategies Canada 56

Unleashed

AUGUST 20, 2023

For customers, it can mean the time it takes to receive an order after they have purchased it. For product sellers, it can refer to how long it takes to receive raw materials or bulk products after placing a purchase order with a supplier. There are many definitions for lead time in supply chain management.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Talking Logistics

APRIL 5, 2018

Shyp is a startup that “picks up, packages, and ships anything at the best price, through major international carriers like USPS, UPS and FedEx, for business and everyday use.”. Shipping your shoes versus shipping your TV, it actually doesn’t sound like it makes a lot of business or financial sense. It doesn’t.”.

Logistics Network Optimization Software 101

Logistics Network Optimization Software Logistics San Francisco New York City 101

Supply Chain Game Changer

JUNE 3, 2021

Furthermore, whether purchased in a store or plucked right from their doorstep, buyers want to receive their products immediately and in excellent condition. Finding out if your provider offers these next-level services are critical because they can make a significant difference in your overall logistics process. – Assembly.

Logistics Network Optimization Software 97

Logistics Network Optimization Software SCM Supply Chain Planning Software Supply Chain Design Software 97

Logistics Viewpoints

MARCH 29, 2021

They also have 20 sourcing locations across North America from which they can ship make to stock products. A Value-Added Service (VAS) team can provide on-site management, installation, equipment, inventory management (just-in-time deliveries), heating solutions, and testing. Making refractory products is complicated and challenging.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

Talking Logistics

OCTOBER 18, 2013

Several years ago, I interviewed CIOs and IT executives from leading third party logistics (3PL) companies, and one of the most interesting findings was that their teams spent a majority of their time fixing and cleansing data. Sounds like a typical day in supply chain and logistics to me. What are the odds I’ll use them again?

Logistics Network Optimization Software 142

Logistics Network Optimization Software Supply Chain Planning Software Logistics Optimization Software 142

Unleashed

FEBRUARY 8, 2024

There are two main ways businesses can track inventory: manually, using spreadsheets and logbooks; or automated, using inventory software systems. By using inventory management software or systems, you can automate and streamline your inventory tracking processes and gain valuable insights into its performance and efficiency.

Inventory Management Software 52

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

Unleashed

JULY 25, 2023

Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold. It helps you to make better purchasing, manufacturing , pricing, and marketing decisions based on the data revealed. What is a good inventory turnover ratio?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

EC Sourcing Group

OCTOBER 26, 2021

Before the Internet was a vital tool in business, the supply chain was a much different place than today. However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 52

Unleashed

DECEMBER 15, 2019

When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. Low-cost country sourcing is a procurement strategy that falls under a broad category of procurement efforts called global sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83