The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

The digital twin allows for internal operations as well as customers to view the various processes, along with detailed metrices throughout the facility. LogiSYM Supply Chain Magazine – November 2021. Another notable project launch is the DB Schenker’s digital twin. A Conversation with Stuart Whiting, Schneider Electric.

Singapore

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

In SIOP, accountability is a huge part of achieving desired outcomes, improving monthly metrics and satisfying the customer needs. LogiSYM Supply Chain Magazine – November 2022. The Green Corridor: To Realise the Circular Economy Dream – Reach Out to Your Community. Your Sales Plan is NOT a Forecast!

Supply and Demand

GlobalTranz

MARCH 23, 2016

Entering these team projects in a magazine, or Lean contest is a motivator to boost teamwork and ensure that MDI is effective every day. These metrics would, of course, be aligned and are updated every hour. Next, you would have management supporting this effort during their daily Gemba walk, reviewing these hourly metrics.

Agile and Lean Supply Chain

The Logistics & Supply Chain Management Society

MAY 18, 2021

Analyzing real-time insights and historical performance using AI, delivers key metrics on availability and service levels. LogiSYM Supply Chain Magazine – May 2021. LogiSYM Supply Chain Magazine – April 2021. This impacts positive profit growth, optimised production and delivery costs. The Role of Trading Partners.

Supply Chain Network Software

Supply Chain Shaman

OCTOBER 11, 2012

While I could get two to five years of data from the Hackett studies done for CFO magazine, I did not have the ability to look across time, test it against macroeconomic factors and supply chain maturity. Ownership of Inventory as a Metric. Over the past three months, we have been mining this data, and the results disturb me.

Inventory Reduction

Supply Chain Shaman

JANUARY 14, 2013

Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. So, to hold up Apple and Amazon as points of light to help companies go forward is a bit like saying that Lora Cecere will be the February Cover Girl model on Vogue magazine. You got it!

Supply Chain Planning Software

GlobalTranz

MARCH 7, 2016

As explained by Supply and Demand Chain Executive magazine, one of the primary ways an organization can meet this demand is by setting a performance review for suppliers. After all, a given distributor cannot evaluate a supplier without being able to see how that supplier has performed in terms of the specific metrics.

Procurement Analytics

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

To ensure successful integration, they should create a plan with timelines, resources, and evaluation metrics (refer Figure 2). Table 1: Uses of Generative AI Source: IDC, 2023 To use generative AI effectively, organizations should identify where it can add value, evaluate their infrastructure for compatibility, and prepare their workforce.

Optimal Sourcing

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

With its nearly 80 percent emissions reductions on a lifecycle basis compared to conventional jet fuel, this is enough SAF to eliminate approximately 31,000 metric tons of greenhouse gas emissions, or enough to fly passengers more than 200 million miles. LogiSYM Supply Chain Magazine – September 2021. MORE FROM THIS EDITION.

Supply Chain Planning Software

GlobalTranz

FEBRUARY 6, 2017

Today, procurement drives up to 67 percent of sales, explains Johnathan Webb of Forbes magazine, as procurement professionals look for innovative ways to produce effective, superior products. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017.

Supply Chain Planning Software

Logility

APRIL 13, 2021

CIO Magazine says data governance is a system for defining who within an organization has authority and control over data assets and how those data assets may be used. Others paralyze themselves trying to evaluate hundreds of metrics. 2) Poor or Non-Existent Data Governance. Pick your big 12 and start.

Supply Chain Planning Software

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Seeking advice and help from strategic digital supply chain experts, businesses can better understand which data metrics and KPIs best reflect their objectives to transform and consolidate their processes, adopt centralised governance, and achieve best practice operational models. LogiSYM Supply Chain Magazine – April 2022.

Supply Chain Planning Software

The Logistics of Logistics

JUNE 7, 2021

OTIF is a key supply chain metric. 5000 fastest growing company for 8 years, is a 9-time winner of the Columbus Business First Fast 50 Award and is consistently recognized as a Top 100 3PL by trusted outlets such as Food Logistics Magazine and Transport Topics. Andrew Lynch and Joe Lynch discuss the true cost of OTIF failure.

Cost Reduction Strategies

GlobalTranz

MAY 11, 2018

Furthermore, track the return on investment (ROI) of the system with KPIs and metrics. A 2002 Material Handling and Logistics magazine article cited multiple problems with WMS implementation. This will help you gain C-level buy-in and support for upgrading and investing in a WMS.

Demand Planning Software

GlobalTranz

APRIL 14, 2017

Yet, deploying a cloud-based TMS in your company levels the playing field, so businesses of any size can take advantage of unique, possible discounted rates in carrier selections and accessorial features, reports Bridget McCrea of Logistics Management magazine.

Analytics Software

The Logistics & Supply Chain Management Society

APRIL 15, 2021

With full visibility and productivity related metrics maintained at the corporate level, all levels of management have access to real-time data simultaneously, and can monitor daily operations as they happen, addressing issues or errors immediately. LogiSYM Supply Chain Magazine – April 2021. MORE FROM THIS EDITION.

Inventory Reduction

The Logistics & Supply Chain Management Society

JULY 23, 2020

To create flexible and balanced supply chain organisation, it is necessary to integrate strategy, processes, metrics, and technology enterprise wide and across customers, suppliers, and service providers. LogiSYM Supply Chain Magazine – July 2020. He also holds a CPIM certification from APICS, USA. MORE FROM THIS EDITION.

Agile and Lean Supply Chain

The Logistics & Supply Chain Management Society

MAY 18, 2021

Analyzing real-time insights and historical performance using AI, delivers key metrics on availability and service levels. LogiSYM Supply Chain Magazine – May 2021. LogiSYM Supply Chain Magazine – April 2021. This impacts positive profit growth, optimised production and delivery costs. The Role of Trading Partners.

Agile and Lean Supply Chain

Tecsys

MAY 2, 2018

In the January-March 2018 issue of APICS magazine, APICS CEO Abe Eshkenazi contends that if supply chain leaders bring business success then that makes them business leaders. The post Supply Chain and Finance: Shared Metrics Drive Business Success appeared first on Tecsys.

Metrics

Enterra Insights

FEBRUARY 2, 2022

The editorial team at BusinessMatters Magazine writes, “Customer service technologies are [providing] plenty of new ways that brands can engage with customers in order to offer an optimized service.”[1] Review your overall goals, your key performance indicators, your customer experience metrics, all of it.”

Supply Chain Design Software

QAD

AUGUST 26, 2021

However, barriers continue to exist and technology is not always being used to its full potential, as we learn in a recent article , “How to Outsmart AI Business Challenges” in SCM Now Magazine from the Association for Supply Chain Management. About Artificial Intelligence. In his white paper , “ No Matter What You Call It: Industry 4.0

Supply Chain Planning Software

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Establishing a robust performance monitoring system with key performance indicators (KPIs) and metrics is crucial. Failure to establish Credit Terms or not confirming routing details could lead to unnecessary delays.

Optimal Sourcing

The Logistics of Logistics

SEPTEMBER 26, 2017

According to Supply Chain Quarterly , Quarter 4, 2011 issue: “Supply chain scorecards typically focus on operational metrics. But if companies want to capture a true picture of supply chain success, they need to measure employees’ interpersonal performance, too.”

Logistics Network Optimization Software

Kinaxis

FEBRUARY 26, 2016

by Alexa Cheater We’re thrilled to have yet another Kinaxis team member join the ranks of those recognized by Supply & Demand Chain Executive magazine as a ‘Pro to Know’. Some of the primary challenges supply chains will face are increased complexity, lack of visibility into key metrics, and the growing need for segmentation.

Supply Chain Planning Software

The Logistics & Supply Chain Management Society

MARCH 14, 2023

MEASURING CARRIER PERFORMANCE Overall and perhaps not surprisingly, the council recommends that both objective and subjective metrics be put in place to measure the performance of MLOs and carriers.

Optimal Sourcing

The Logistics & Supply Chain Management Society

MAY 28, 2022

To learn how these resilient technology solutions gives customers greater control of supply chain sustainability metrics, talk to us about how we can work together to help reduce your freight transportation carbon footprint. MORE FROM THIS EDITION. 5 Megatrends Shaping Supply Chain Innovations.

Sustainability

RFgen

JULY 31, 2024

According to Inbound Logistics Magazine, “Any supply chain is only as strong as its weakest link.” Traditional metrics such as order accuracy, delivery time, and inventory turnover provide a good overview of performance. ” This highlights the critical nature of every component within the warehouse.

Inventory Reduction

The Logistics & Supply Chain Management Society

MAY 28, 2022

By seeking advice and help from supply chain management experts such as E2open , organisations can better understand which data, metrics and KPIs best reflect their objectives, transform and consolidate their processes, and adopt centralised governance and best practice operational models. Data leads to insight, which leads to action.

Supply Chain Planning Software

Supply Chain Collaborator

AUGUST 13, 2015

191 qualified global logistics practitioners were surveyed in 2015 by American Shipper magazine for their seventh annual benchmark study of transportation management. Sure, cost is a valuable metric for gauging success. The 31 page report was full of valuable insights and is worth reading in its entirety.

Transportation Management

Enterra Insights

MAY 10, 2022

Cecere concludes, “Companies need to be aligned to a common set of metrics in a balanced scorecard to mitigate risk. Functional metrics introduce risk and throw the supply chain out of balance.” ” • Align to a Balanced Scorecard. ” Concluding Thoughts. Footnotes. [1]

Supply Chain Planning Software

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Emissions factor heavily into the environmental, social, and governance (ESG) metrics investors care about, but carbon taxes are also on the minds of many executives. LogiSYM Supply Chain Magazine – December-January 2023. Emissions Tracking: Know Your Footprint. MORE FROM THIS EDITION. 2022 Realities vs 2023 Predictions.

Predictive Analytics Software

The Logistics & Supply Chain Management Society

JULY 20, 2020

With relying on his expertise, he advises on and provides executive training and consultancy in the fields of forecasting, demand and supply planning, S&OP, CPFR, key performance metrics, inventory optimisation, warehouse & logistics management, information systems, and B2B/B2C – project management. MORE FROM THIS EDITION.

Agile and Lean Supply Chain

Enterra Insights

MARCH 17, 2022

Translating corporate targets into specific team goals and building them into each function’s performance metrics helps embed sustainability into regular workflows.” ” Smithsonian Magazine, 17 March 2015. [2] ” Concluding Thoughts. While you’re thinking about going green, let me wish you a Happy St. Footnotes.

Supply Chain Design Software

Supply Chain Opz

JUNE 1, 2014

Library Prime Storage is the area dedicated for book/magazine. Intel ''s new product development is done by the process called Technology Roadmap. In Amazon''s warehouse, there are 5 types of storage areas. Case Flow Prime Storage is for the products with a broken case and high demand.

Case Study

Supply Chain Collaborator

NOVEMBER 16, 2017

These three headlines from Transport Topics and Food Shippers of America magazine tell the story of one of the most important challenges facing shippers in North America leading into 2018. The bellwether metric – spot rates – are pegging the meter. Here’s the story and the solution to the mounting challenge. There can be no argument.

Just-in-Time

Supply Chain Trend

NOVEMBER 14, 2016

These leaders all have 20+ years S&OP experience and published books, whitepapers and articles in renowned magazines. Make sure the processes, metrics, behaviours and aligned, and the system capability and data is available. A group, eligible to comment on the current state of S&OP. I’ll talk more about this later.

S&OP

BlueYonder

MARCH 22, 2017

JDA’s own Vishal Dhawan and Vivek Wikhe recently contributed an article to STOrai, the magazine of the Retailers Association of India, to provide some guidance and advice for retailers on the omni-channel journey. The article is excerpted below, and you can download a copy of the magazine by visiting [link].

Supply Chain Planning Software