Supply Chain Shaman

MAY 15, 2023

We are trying to assess the value of a network in managing contract manufacturing.) Use of Supply Chain Descriptors Most organizations are locked into functional silos driven by functional metrics. Stuck in a rut, supply chain leaders try to punch their way through a set of conflicting metrics and priorities each day.

Manufacturing Procurement 436

Manufacturing Procurement Optimal Sourcing Agile and Lean Supply Chain Supply Chain Planning 436

DELMIA Quintiq

JULY 25, 2022

Companies need to have a plan to deal with the key challenges they face today: Lack of supply chain resilience A reliance on extended value networks Disruption as a constant, not an event Lack of visibility across supply, demand and network partners. New KPI’s are also being prioritized, including sustainability metrics.

Modeling 156

Modeling Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 156

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. During the pandemic, companies struggled with planning systems turning off the optimizers, and using the technology as a system of record. What Is the Value of A Network? Tougher than most understand.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

QAD

JUNE 25, 2019

It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Using Metrics to Measure the Health of the Business. Companies use these metrics to minimize their investment in inventory without adversely affecting customer service levels.

Procurement Analytics 105

Procurement Analytics Metrics Inventory Reduction Inventory 105

Supply Chain Shaman

FEBRUARY 26, 2024

Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. Based on market conditions, the meat packer will shift to optimize the demand opportunity. There are 192 different ways to cut-up a cow.

Modeling 206

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 206

Supply Chain Shaman

OCTOBER 11, 2023

We speak about the need to move from a functional understanding to a global, holistic capabilities, but the traditional supply chain leader defines bonus incentives and process performance goals based on functional metrics. Bi-Directional Flow and Value Networks. Measurement. Innovation is slowing. Innovation.

Supply Chain Planning Software 379

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 379

ThroughPut

OCTOBER 20, 2022

AI-driven Geospatial Capabilities to Enable Businesses to Avoid Choked and Unprofitable Distribution Routes and Optimize On-Time, In-Full (OTIF) Deliveries. This in turn helps uncover network optimization opportunities, sense demand at the local level, and proactively audit material flow right down to the individual SKU’s.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Optimization 52

Supply Chain Shaman

FEBRUARY 1, 2024

Optimization engines to improve functional metric performance resulted in an exploding number of planners. I would prefer for companies to invest in the building of outside-in processes, supply chain design capabilities, and network automation. Reduce Data Latency in Networks. Think past EDI. Take the plunge.

Supply Chain Planning Software 330

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 330

QAD

NOVEMBER 8, 2022

In a recent article in MD+DI , QAD Life Sciences Director Jennifer Petrosky describes essential ways to optimize the medical device supply chain. End-to-end transparency relates to internal and external data sources to identify leading lagging metrics in such areas as data security, operations, organizational maturity and compliance.

Optimal Sourcing 97

Optimal Sourcing Supply Chain Optimization Sourcing Strategies Price Mitigation Strategies 97

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

SCMDOJO

FEBRUARY 3, 2022

In this blog, I will give you my top 15 tips for LinkedIn profile optimization from my experience as a user who has managed to get 57k supply chain followers. Whatever I have learned about LinkedIn profile optimization I have learned from LinkedIn Guru Hammad Siddiqui. 3. Configure LinkedIn’s ‘Open to Network’ Settings. .

Supply Chain Optimization 133

Supply Chain Optimization Network Optimization Optimization Software Price Mitigation Strategies 133

GlobalTranz

AUGUST 26, 2021

Outdated transportation management methods relied on manual processes, physical phone calls, and the hope that your network partners would be available. It was difficult to see where the optimization opportunity was and what was necessary to achieve the best result. . A TMS platform can track movements and optimize routes.? .

Logistics Network Optimization Software 283

Logistics Network Optimization Software Transportation Management 3PL Optimization Software 283

ToolsGroup

JUNE 6, 2023

MILAN and BOSTON – June 6, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is thrilled to announce it has been selected by D.I.MAR, an Italian leader in the frozen food industry, to heighten its supply chain performance, bolster supplier relationships, and drive enhanced business results.

ToolsGroup 156

ToolsGroup Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 156

ThroughPut

DECEMBER 8, 2023

Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing recommended actions based on the insights gained from descriptive, diagnostic, and predictive analytics. How Prescriptive Analytics Has Been Driving Value In Supply Chain Optimization? What Is Prescriptive Analytics in Supply Chain?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Locus

JULY 24, 2023

Retailers should find ways to optimize truckloads to reap benefits. How do we optimize these loads? Shippers need to leverage automated and intelligent solutions to truly optimize the supply chain and impact the bottom line in a positive way. However, trucking industries have many business models they operate by.

Optimal Sourcing 52

Optimal Sourcing Resource Reduction Optimization Software Modeling 52

Supply Chain Shaman

NOVEMBER 21, 2023

The analysis, based on network optimization assumed average loading, and did not account for the swings. The metrics were not aligned. Map the different metrics and incentives in the organization to behavior. Use network design and planning tools to show flow.) Don’t dwell on the negatives. You have to do so.

Supply Chain Planning Software 325

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 325

Logistics Viewpoints

FEBRUARY 21, 2022

A network design model figures out where factories and warehouses should be located. The key solutions are demand forecasting/inventory optimization, supply planning, and network design. The key solution for this is network design. Supply and network design models are constraint-based models.

Supply Chain Planning Software 257

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 257

Supply Chain Game Changer

NOVEMBER 26, 2018

Network optimization is a critical issue across all Supply Chains. In Manufacturing, Distribution, Logistics and Retail the effectiveness of your network will make the difference between success and failure. There are many environmental factors that must be taken in to account in order to define and optimize your network.

Network Optimization 43

Network Optimization Network Optimization Software Price Mitigation Strategies Supply Chain Optimization 43

Locus

JULY 24, 2023

If done right, load matching means better resource optimization, cost reduction, streamlined operations, and ultimately, happy customers and businesses. accounting for 61 billion empty miles and 87 million metric tons of unnecessary annual emissions. Some of the factors that load matching depends on include: 1.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Optimization Software Logistics Network Optimization Software 52

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

SCMDOJO

JUNE 6, 2023

For businesses to succeed, supply chain optimization is essential to succeed. Supply chain optimization can achieve this with the help of data analytics. How does data analytics help supply chain optimization? Both of which are crucial components for an optimized supply chain. Why is it crucial?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

ShipBob

DECEMBER 13, 2023

Maintaining a balanced level of ecommerce inventory so that you can achieve maximum profitability is what optimizing inventory health is all about. Optimized storage space: Prevents overstocking, maximizing warehouse utilization. These metrics provide valuable insights into how well your inventory is managed.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

GlobalTranz

NOVEMBER 30, 2021

When you track transportation metrics and KPIs like transit time, on-time pickups, and percent of truckload capacity utilized across your carrier partners, you can identify trends and opportunities for streamlined OTR transportation management. Analytics provides visibility into your transportation network and operations. a shipment?doesn’t

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Rapid Scalability and Leveraging the Collective Buying Power of a Large 3PL .

Prescriptive Analytics Software 216

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

Logistics Viewpoints

OCTOBER 5, 2022

It was nice to be back at an in-person event, networking with peers, learning from subject matter experts, and taking in the sights and sounds of Chicago. In his presentation, Matt discussed the future of supply chain optimization. This is all about the alignment of metrics and objectives. This is how you can knock down silos.

Real-time Visibility 217

Real-time Visibility Predictive Analytics Software Supply Chain Network Software Optimization Software 217

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

Locus

JULY 10, 2023

We’ve discussed at length the role of route optimization , order management, and reducing Time Under The Roof , among others. Shockingly, according to a Gartner report, only 21% of companies boast a robust supply chain network that provides adequate visibility and agility. The worst part? They have no way to know when they’ve been hit.

Supply Chain Optimization 52

Supply Chain Optimization Real-time Visibility Optimization Software Agile and Lean Supply Chain 52

GlobalTranz

JULY 20, 2015

While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts, materials and products from the consumer back to the producer. Importance of Metrics in Reverse Logistics Management. Recovery of capital investments in assets.

Reverse Logistics 120

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

Logistics Viewpoints

JUNE 19, 2023

Network design is used for this. Inventory optimization (IO) is another necessary precursor solution. Inventory optimization (IO) is another necessary precursor solution. As things stand, AI can improve a particular supply chain function, but that doesn’t holistically optimize the system. Let me explain this.

Supply Chain Design Software 237

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 237

TransAudit

DECEMBER 13, 2023

By embracing a circular supply chain, industry leaders can help: Eliminate waste and pollution Circulate products and materials at their highest value Regenerate nature As organizations continue to optimize supply chains , this process can provide significant benefits. However, circular supply chains are about much more than recycling.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

Intelligent Audit

MARCH 23, 2021

Many factors play into shipping costs within the supply chain network. Executive team managers across the board have to focus on optimizing spending and reducing costs and expenses. Optimizing shipping costs and examining the budget and current spending will help improve operations across the supply chain network. .

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Cost Reduction Strategies 52

Supply Chain Shaman

SEPTEMBER 3, 2018

Third, they align the interests of all the firms in the supply network so that companies optimize the chain’s performance when they maximize their interests. Reward teams for cross-functional metrics. Focus functional metrics to improving reliability. For more on this topic, read the book Supply Chain Metrics That Matter.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

ThroughPut

SEPTEMBER 10, 2021

Digitization with AI technologies and software suites is optimizing supply chain operations across the world for coordinated efficiency and resilience. Data procured through real-time metrics can drive up sales , bring down wastages and lead to a robust supply chain. Agility in supply chain networks is a crucial business need today.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. Optimize sourcing: Focus on optimizing sourcing spend across all categories of products. This approach results in inefficiencies, higher costs, and missed opportunities.

Optimal Sourcing 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

ThroughPut

OCTOBER 16, 2022

Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Talking Logistics

OCTOBER 27, 2016

Supply chain network and transportation optimization can help make better sourcing and multi-stop route decisions that ultimately result in route design that balances low costs with higher service. With the EU and US introducing CO2 emission limits for trucks, the design of these transportation networks needs to change.

Cost Reduction Strategies 100

Cost Reduction Strategies Material Savings Modeling Software Sourcing Strategies 100

Intelligent Audit

DECEMBER 22, 2020

The key to better logistics is a streamlined system that utilizes business intelligence and processes that yield transportation optimization. However, the efficacy of optimization, guided by business intelligence is only effective if you have quality data history and validity that provide actionable insights. Lack of external data.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Software 52