ThroughPut

MAY 22, 2024

Following this, data sources are identified and shared, and success metrics and business outcomes are defined so that everyone works toward the same goals. Step 3: Metric Selection During the next step, we focus on validating key metrics. can provide tangible indicators of success.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Inventory Reduction 52

Logistics Viewpoints

MARCH 25, 2024

Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. Infor customers were present and spoke at this summit.

Vendor Strategies 226

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 226

Supply Chain Shaman

SEPTEMBER 17, 2014

There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. In fact, many companies move backwards—like Campbell’s Soup or Kellogg—when they try to implement a large project with too few resources too fast. Aligned Metrics.

Optimal Sourcing 306

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 306

Supply Chain Shaman

OCTOBER 8, 2019

The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. . #4

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

ThroughPut

JANUARY 19, 2024

Logistics presents a formidable challenge in the ready mix concrete (RMC) industry. For ready mix concrete manufacturers, managing logistics effectively is crucial. This was evident in our work with an RMC manufacturer grappling with these very issues. For obvious reasons!

Case Study 52

Case Study Waste Reduction Resource Reduction Material Savings 52

GlobalTranz

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. We relay on guest bloggers and the expertise of others for manufacturing best practices. His 5 golden metrics center on performance management.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

Supply Chain Shaman

SEPTEMBER 2, 2016

Before I started doing this research, I believed procurement and manufacturing were aligned. While this is the case in 50% of the organizations, there are many organizations with large alignment gaps between finance/operations and procurement/manufacturing. Digital manufacturing is also a disruption. I was wrong.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

Logistics Network Optimization Software 130

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

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? Inventory accuracy. Backorder rate.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) My approach took too much time and resources. A balance sheet analysis shows that 95% of publicly traded manufacturers are stuck (when compared to peer group) at the intersection of growth and margin, margin and inventory turns, and Return on Invested Capital (ROIC) and growth.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

American Global Logistics

SEPTEMBER 12, 2023

It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. Overview of Supply Chain Management Supply chain management encompasses the planning, sourcing, manufacturing, and delivery of products or services.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

Unleashed

AUGUST 16, 2023

A backorder presents an opportunity for businesses to continue to make sales on products that are temporarily out of stock. Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. 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

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Pros: It forms part of the CIPS Level 2 Certificate in Procurement and Supply Operations qualification.

Supply Chain Design Software 115

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 115

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. This is effectively a “snapshot” in time. and “What is the potential return on investment?”

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Supply Chain Shaman

OCTOBER 11, 2012

” CFO of a major manufacturer. I have written many articles about Advanced Planning Systems (APS), Enterprise Resource Planning (ERP) and Advanced Inventory Optimization. It is in presentation after presentation. Ownership of Inventory as a Metric. I am a skeptic. I want to believe. I really do.

Inventory Reduction 247

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 247

Taulia

OCTOBER 20, 2021

At the same time, companies are paying more attention to the importance of ESG and sustainability objectives in supply chain management, and the role that automation and efficiency can play in minimizing the need for time and resource intensive processes. Calculated as cost of goods sold/average inventory. Cash flow forecasting.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. Source: Statista.com. Decarbonization, which means reducing the amount of carbon in greenhouse gas emissions, can help in improving our present condition. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Supply Chain Opz

NOVEMBER 12, 2016

Therefore, the challenge to establish ranking method is to find more economical data source and unbiased metric. Our personal observation is that scholarly articles cite books because most books present building block concept in supply chain management and citations usually appear in the literature review section.

Supply Chain Planning Software 271

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

Oracle SCM

AUGUST 1, 2018

One of the Supply Chain Management trends apparent at the Gartner Supply Chain Executive Conference in May was highlighted by several vendor/customer presentations focused on the value of Collaboration and Visibility projects. A high-tech contract manufacturer was growing rapidly through acquisition. Director Product Marketing.

Supply Chain Planning Software 104

Supply Chain Planning Software Inventory Management Software Gartner Demand Planning Software 104

Logility

JUNE 2, 2023

Yet, despite its significance, demand forecasting continues to be a thorny issue for many businesses, particularly manufacturers. They help minimize inventory, streamline purchasing, optimize distribution, and enhance production efficiency while ensuring the highest level of customer service.

Forecasting 130

Forecasting Modeling Forecasting Software Supply and Demand 130

NC State SCRC

FEBRUARY 13, 2021

The Supply Chain Resource Cooperative is proud to announce the award of a major research grant ($1.2 As noted in this news cast on ABC , this research will proceed in three stages over three years, and will require significant collaboration with apparel manufacturers and brands along the way if it is to be successful. 1] [link]. [2]

Apparel 59

Apparel Optimal Sourcing Supply Chain Design Software Manufacturing Procurement 59

ThroughPut

APRIL 28, 2020

Capacity planning software is a programmable solution that helps manufacturing organizations understand the actual production capacity needed to address fluctuating demands for its products and services. With regard to the manufacturing industry, the process of Capacity Planning is made up of three resource types: machines, people, and tools.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

ThroughPut

APRIL 28, 2020

Capacity planning software is a programmable solution that helps manufacturing organizations understand the actual production capacity needed to address fluctuating demands for its products and services. How much free capacity exists at present in each of the service departments/ functions? What is Capacity planning software?

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

ThroughPut

APRIL 28, 2020

Capacity planning software is a programmable solution that helps manufacturing organizations understand the actual production capacity needed to address fluctuating demands for its products and services. With regard to the manufacturing industry, the process of Capacity Planning is made up of three resource types: machines, people, and tools.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

Supply Chain Cowboy

MARCH 1, 2015

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Communication.

Vendor Strategies 40

Vendor Strategies Metrics Price Reduction Expense Reduction 40

Supply Chain Shaman

OCTOBER 29, 2014

Even though things seem to be going well (all of the meeting details are well-executed and the speaker is giving an energized presentation), the room is eerily quiet. The second step is usually a large implementation of a technology project–Enterprise Resource Planning, Customer Relationship Planning or Analytics.

Supply Chain Planning Software 317

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 317

Supply Chain Game Changer

NOVEMBER 12, 2020

We all know and regularly purchase Fast-Moving Consumer Goods (FMCG, often also referred to as Consumer Packaged Goods, or CPG). But how has the pandemic accelerated changes in the way that consumers find and purchase these products? In some regions the lockdown period caused a boom in the purchase of FMCG products.

Consumer Goods 67

Consumer Goods Procurement Analytics Agile and Lean Supply Chain United Kingdom 67

ThroughPut

NOVEMBER 12, 2020

Whether manufacturers rely on ground, rail or sea to reach end-customers, the extent of disruption is unprecedented and this creates a need to rethink their warehouse fleet and carrier strategies. McKinsey suggests that warehouse operations can be critical in presenting an untapped improvement opportunity in the supply chain.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

Procurement Academy

MARCH 12, 2024

In brief, strategic cost management is implementing effective cost optimization strategies that lead to improved profitability, operational efficiency, and resource allocation. Calculating the Cost Breakdown: This process involves working with cost, finance, logistics and manufacturing process experts.

Optimal Sourcing 69

Optimal Sourcing Negotiating Skills Purchasing Skills Buyer Training 69

o9 Solutions

JANUARY 25, 2023

These models aim to minimize resource use, waste, and carbon emissions and maximize reuse and recycling in the supply chain. In 2019, the European Commission presented the Green Deal as a plan to help the European economy transform linear supply chains into more circular models. Who guarantees the quality of the data?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Predictive Analytics Software 52

3PL Insights

MAY 3, 2021

Evans365 accesses and analyzes data sets from Evans’ warehouse management system and other data sources and presents findings graphically. We will continue to improve evans365 by integrating additional data sources and providing even more valuable metrics,” Evans says. This is only the beginning.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Tools Distribution 52

SCMDOJO

AUGUST 4, 2023

Try thinking of it this way, if you plan to make big profits, you would need to invest and diversify your portfolio into several sources to improve your chance of success. But times are changing, the use of reduce inventory offers more quality and useful performance metrics. But when should you consider reducing inventory?

Inventory Reduction 92

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 92

BlueYonder

SEPTEMBER 12, 2022

Breaking a promise to consumers has never been more dangerous, as expectations across numerous metrics become more severe and decisive. This complexity – embracing 10, 15, 30 or possibly more capacity metrics – ultimately decides whether execution of fulfillment is possible. A New Competition Metric. Visibility and Connectivity.

Procurement Analytics 52

Procurement Analytics Real-time Visibility Modeling Just-in-Time 52

Cognira

DECEMBER 20, 2022

According to a study conducted by Cone Communications: 87% of customers are confessing that they will purchase a product because a company advocated for an issue they cared about. 76% of customers will refuse to purchase a company’s products or services upon learning it supported an issue contrary to their beliefs. Product Packaging.

Waste Reduction 52

Waste Reduction Inventory Reduction Expense Reduction Material Savings 52

Supply Chain Shaman

OCTOBER 20, 2012

Over the course of the last decade, I have carefully recorded and reported presentation after presentation from conference after conference and interview after interview with supply chain leaders. I also believe that it is because the organization is not incented to manage cash-to-cash metrics. The results have been eye-opening.

Inventory Reduction 263

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 263

Silvon Software

APRIL 8, 2022

To achieve this growth, successful manufacturers today are relying on key performance metrics and automating many aspects of their data management processes to gain valuable business insights that can be used to meet their organizations’ performance goals. The Basics of Manufacturing KPIs. Machine KPIs.

Optimal Sourcing 119

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 119