Unleashed

JUNE 7, 2023

It’s about ensuring there is always sufficient inventory available to meet customer demand while also retaining enough capital to keep the business efficiently operating and growing. Businesses went from struggling to meet demand to struggling to rid themselves of surplus stock.

Inventory Management Software 52

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

Talking Logistics

SEPTEMBER 12, 2017

As a leader, you need many tools to eliminate this mindset. The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. If your team isn’t challenged to meet their goals, your bar is likely set too low. Don’t measure to justify. Measure to create value.

Metrics 106

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 106

Supply Chain Game Changer

OCTOBER 1, 2022

Transportation of products for deliveries and staff for meetings is smoother with fleets. A functional digital tachograph can measure significant metrics like speed, driving time, and driver’s activity. These tools require both the vehicle unit memory and the driver cards. Final Words.

Supply Chain Software 97

Supply Chain Software Logistics Network Optimization Software Procurement Solutions Tools 97

Unleashed

DECEMBER 15, 2021

Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. The next figure you need to calculate is COGS, which is a metric that relates to the direct costs of a product that a business sells.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

AIMMS

FEBRUARY 20, 2015

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Metrics that Matter became a three year research project. I realized that many organizations are very confused about metrics. So I started this book as a summary of this research.

Metrics 120

Metrics Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Kinaxis

JUNE 22, 2015

This post will discuss some of the metrics and analysis tools that an inventory manager needs to identify risk and opportunities and to make intelligent decisions to optimize the performance of their inventory. The metrics you choose should answer the questions your organization is asking, without requiring additional analysis.

Metrics 100

Metrics Inventory Reduction Inventory Inventory Management Software 100

Logility

MARCH 21, 2024

During this time, the same AI tools that underwrite new technologies have been key in improving efficiency and optimizing all areas of logistics and supply chain processes including forecasting, supply planning, inventory management, manufacturing, network optimization, and more.

Optimal Sourcing 226

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 226

ToolsGroup

JUNE 8, 2021

A proof of concept (POC) is an increasingly common method to select the best supply chain software vendor for your company, yet many supply chain practitioners still lean on the traditional RFI (request for information) tool. RFIs start by assuming everyone knows which features will help the organization meet its business objectives.

Supply Chain Planning Software 245

Supply Chain Planning Software Forecasting Software Supply Chain Software Optimization Software 245

Supply Chain Shaman

FEBRUARY 18, 2021

Advanced planning tools(APS) never considered the issues of logistics. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. The issue is that traditional functional metrics drive underperformance—the greater the variability, the larger the gap. What are functional metrics?

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

DynaSys

SEPTEMBER 22, 2021

How to Select a Supply Chain Planning Tool. And this is only one metric where you could be doing a lot better. If you believe the tools you’re using on a daily basis are a big reason why your planning isn’t working; here are 3 tips you should follow to get your project off the ground. So you’ve finally had enough!

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Demand Planning Software Optimization Software 52

Logistics Viewpoints

JULY 19, 2021

Dr. Lassen views Anaplan – their connected planning tool – as a cloud-based, business planning platform capable of doing multidimensional planning with very fast solve times. The goal is to produce an integrated plan that meets the strategic goals of the overall organization. So, what is “connected planning?”

Supply Chain Planning Software 264

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 264

GlobalTranz

JULY 20, 2015

With the purpose of optimizing supply chain efficiency and asset recovery rates, applying a reverse logistics system has increasingly become a tool that positively impacts profitability as well as assisting an organization in meeting sustainability goals. Importance of Metrics in Reverse Logistics Management.

Reverse Logistics 120

Reverse Logistics Supply Chain Planning Software Supply Chain Network Software Optimization Software 120

ToolsGroup

DECEMBER 16, 2021

In his book, Lean Retail & Wholesale , professor and author Paul Myerson defines the shift towards lean retail as “a dramatic change in the way products are ordered and distributed that is far more data-centric and focused on understanding and meeting customer demand.” The impact of lean retail on supply chain management.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

Kinaxis

MARCH 9, 2015

The reality is that every company has unique requirements and no one implementation can meet those needs without some customization. Imagine if you had a supply chain planning problem you wanted to solve and were given a tool that allowed you to try three different approaches – each in their own copy of the entire supply chain database.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Modeling Software Analytics Software 100

SYSPRO Smarter ERP

APRIL 17, 2023

BI is a powerful tool that can help companies drive informed decisions, improve their planning processes, and maintain a competitive edge in the marketplace. Real-time monitoring: Get real-time updates on manufacturing processes through BI tools that highlight any issues, such as a malfunctioning machine.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Analytics Software Predictive Analytics Software 98

Silvon Software

JUNE 1, 2023

Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. At times, finding the right metrics can feel incredibly challenging, and there might be a tendency to measure things for the sake of measurement. These metrics should align with your organization’s objectives and priorities.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

Supply Chain Shaman

AUGUST 12, 2020

Heavily booked and running from meeting to meeting, I was late. The topic of the meeting was the logistics to launch of the AMR Research Top 25. As a research leader at AMR Research when I voiced the concern for a more rigorous peer group analysis in prior meetings, I hoped for a better outcome. The result? The reason?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Supply Chain Game Changer

NOVEMBER 3, 2022

Modern bookkeeping systems are a perfect tool for monitoring the financial information of your company that might help you improve supply chain cost control. These tools enable you to track payments to your vendors and customers by gaining real-time updates on each transaction’s status.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

ThroughPut

JULY 6, 2021

Reshaping the manufacturing world to meet new demands. Manufacturers are also increasingly leveraging predictive analytics and while it produces accurate demand data , it is important to have real-time metrics at hand. An AI-powered tool can help you get this baseline in a matter of minutes. What makes this process easier?

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

GlobalTranz

OCTOBER 6, 2021

Finding carriers that meet specific needs and help the company reach supply chain goals provides a competitive advantage within the marketplace. Focusing on the transportation metrics that have the greatest impact on the supply chain can help managers stay attentive to both short-term and long-term goals and needs. .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

SCMDOJO

MARCH 19, 2024

Analyze performance metrics and implement improvements to enhance efficiency. Coordinate with various departments to meet production and delivery targets. To run the department, a supply chain manager needs certain supply chain metrics and KPIs to improve performance. Optimize inventory levels to meet demand efficiently.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Logistics Viewpoints

JUNE 1, 2021

Promotion Management is defined as optimizing the utilization of tools, strategies, and resources to promote a product that will generate additional demand. During promotional management, especially for big events around special days and holidays, inventory levels need to be adjusted to meet the peaks in demand.

Inventory Management Software 185

Inventory Management Software Supply Chain Planning Software Inventory Management Optimal Sourcing 185

SCMDOJO

FEBRUARY 20, 2023

This guide provides you with all the tools you need to make significant positive changes in a few simple steps. Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! Want to streamline your distribution operations?

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

DELMIA Quintiq

OCTOBER 7, 2020

Identify metrics, analytics and projects to drive business improvements. DASSAULT SYSTÈMES has been on the path of enabling manufacturers with digitalization tools for many years. There were two primary issues to the discussion: how do we accomplish the goal of operational excellence and where do we start?

Supply Chain Design Software 358

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 358

ModusLink Corporation

SEPTEMBER 7, 2023

This includes optimizing processes, managing supplier relationships, and ensuring timely and efficient delivery to meet customer demand. It plays a vital role in maintaining the right quantity of products on hand to meet customer demands while avoiding overstocking or stockouts.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

This includes optimizing processes, managing supplier relationships, and ensuring timely and efficient delivery to meet customer demand. It plays a vital role in maintaining the right quantity of products on hand to meet customer demands while avoiding overstocking or stockouts.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

This includes optimizing processes, managing supplier relationships, and ensuring timely and efficient delivery to meet customer demand. It plays a vital role in maintaining the right quantity of products on hand to meet customer demands while avoiding overstocking or stockouts.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ThroughPut

MAY 14, 2020

It is the difference between meeting set target quotas and losing customers to the competition. So, if manufacturers fall behind on meeting their manufacturing throughput it could result in delayed deliveries and impact customer expectations and schedules.

Metrics 52

Metrics Manufacturing Waste Reduction Supply Chain Software 52

ThroughPut

MAY 14, 2020

It is the difference between meeting set target quotas and losing customers to the competition. So, if manufacturers fall behind on meeting their manufacturing throughput it could result in delayed deliveries and impact customer expectations and schedules.

Metrics 52

Metrics Manufacturing Waste Reduction Supply Chain Software 52

ThroughPut

MAY 14, 2020

It is the difference between meeting set target quotas and losing customers to the competition. So, if manufacturers fall behind on meeting their manufacturing throughput it could result in delayed deliveries and impact customer expectations and schedules.

Metrics 52

Metrics Manufacturing Waste Reduction Supply Chain Software 52

Supply Chain Shaman

DECEMBER 28, 2020

As a result, this client could not be successful with any demand tool with this level of variability. Meeting the market needs of COVID-19 caused organizations to rally, work together, and build a better supply chain through brute force. The team was attempting to be customer-centric by modeling an item by customer at a DC level.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

Logility

AUGUST 18, 2023

So, how can companies overcome these obstacles and use supply chain operations as a strategic tool? For example, executives might underestimate the impact of accurate demand forecasting on reducing inventory costs, resulting in insufficient investment in necessary tools and technologies.

Supply Chain Performance 188

Supply Chain Performance Supply Chain Planning Software Resource Reduction Supply Chain Design Software 188

Logility

MARCH 12, 2021

Pulling data into a business intelligence tool in each department, the company started generating a new series of reports designed to meet the requirements of each department. This blog post outlines three types of inter-related analytical tools that you need to use in concert to get the best insight from your data.

Supply and Demand 191

Supply and Demand Prescriptive Analytics Software Demand Planning Modeling 191

Silvon Software

MARCH 3, 2023

Having a strong Sales & Operations Planning (S&OP) strategy ensures that your forecasts, raw materials availability and production capacity all match up and that the factory floor can meet its defined deadlines. Delivery metrics can vary in terminologies, measurement methods, and variables from one company to the next.

S&OP 102

S&OP Procurement Analytics Supply and Demand Analytics Software 102

Precoro

JULY 16, 2023

These goals can be expressed as key performance indicators (KPIs) – relevant functional metrics that can be tracked regularly to make sure that the business makes purchases in an efficient way. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Logility

APRIL 2, 2020

Supplier scorecards are globally accepted as a key tool for managing a more profitable supply chain. A good scorecard helps identify which vendors deliver the best value, explains the drivers of performance, and is a preferred collaboration tool for improving supplier relationships. 3 Get the metrics right.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157