Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Shipping items back and forth creates needless greenhouse gas emissions, and only 54% of all packaging gets recycled.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Supply Chain Shaman

MARCH 18, 2018

Financial reengineering focuses on the optimization of short-term results that are usually based on a functional analysis of source, make, or deliver. Few consultants understand the interrelationships between source, make and deliver. Snow fell last night as I worked on my last Supply Chain Metrics That Matter report.

Optimal Sourcing 169

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 169

Supply Chain Shaman

SEPTEMBER 17, 2014

The script will be distributed to CFOs of apparel, consumer packaged goods, and food/beverage companies next week. There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. Aligned Metrics. Bernstein & Co., ” Yes, I said. Supply Chain Design.

Optimal Sourcing 301

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 301

EC Sourcing Group

SEPTEMBER 6, 2022

A green supply chain reduces the harm that may occur at any stage of the procurement cycle—production, purchasing, logistics, material management, or distribution. Best Sourcing Software : How Supply Chains Become More Sustainable. Are materials and products sourced from ethically run businesses? Profit increase.

Material Savings 52

Material Savings Waste Reduction Supply Chain Software Vendor Strategies 52

Unleashed

APRIL 21, 2024

Conversely, the order fulfilment process in this example might include picking the packets of coffee beans from the warehouse shelf, packaging them securely with the correct shipping label, and dispatching them for delivery to the customer’s address. Order tracking and updates are provided to the customer.

Inventory Management Software 52

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

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

4WL Consulting

JULY 8, 2015

The previous decade has seen many companies, mainly those handling manufacturing operations, change how sourcing of direct materials is executed – from an administrative function to a somewhat strategic procurement approach that has seen the creation of a new position “the Chief Procurement Officer.”

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Optimal Sourcing 100

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Consumer Packaged Goods (CPG) and chemical companies are close behind, but they are having difficulty “taking the hill.” Aligning metrics matters. Functional metrics in isolation degrade value.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 254

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In order to achieve this target, CEVA Logistics is incorporating environmental considerations in a variety of areas of operations, from warehousing to transportation and procurement. We also look to reduce or eliminate the use of plastic packaging. Photo Credit: United Airlines. million gallons of SAF this year.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Requis

OCTOBER 30, 2020

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. For example, the direct raw materials for LED lights can include LED boards, connection wires, rectifier circuits, soldering flux, LED chips, and packaging. It is a part of the bill of materials for the finished goods.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Supply Chain Game Changer

AUGUST 13, 2020

Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis. Many trusted sources accredit global GDP growth during the last 15–20 years, widely to the spread of globalization. This raises the question…. Is COVID19 the death of Global Supply Chains?

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. Source: Statista.com. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing. Ethical sourcing of goods. In the case of manufacturers, it means procuring green and sustainable raw materials. Green packaging.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Supply Chain Shaman

OCTOBER 8, 2019

Special programs—new product launch, promotional packaging, and samples—are often managed as marketing programs using offline processes (usually spreadsheets). No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

The Logistics of Logistics

AUGUST 29, 2019

We assist 3PLs with their bid packages to corporations, and we work with corporations who don’t see supply chain as their core activity. [01:20] We found equipment and materials that can’t be sourced locally. I was involved with the procurement of equipment and materials. The expected metrics were part of the contract.

Saudi Arabia 113

Saudi Arabia Logistics Network Optimization Software Company Procurement Analytics 113

Unleashed

JANUARY 29, 2024

Using metrics such as inventory turnover rate , sell-through rate, and gross margin return on investment allows you to monitor your inventory performance more effectively. By removing obsolete or slow-moving SKUs and ones with outdated ingredients, packaging, or claims you can then identify and introduce new SKUs.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

ThroughPut

FEBRUARY 23, 2024

Leveraging AI for demand forecasting means: You can analyze any amount of historical data and current trends from external sources to predict future demands more accurately. Embracing AI for supplier management within the supply chain translates to: Optimizing your sourcing decisions through critical data insights. The solution?

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Proxima

DECEMBER 10, 2020

In a recent article, The Financial Times identified changes to bonus plans as adding non-financial metrics to bonus qualifications and excluding months of poor profits increased during the worst of the pandemic. But it was a timely reminder to many that bonuses are most often discretionary, performance linked, and part of a broader package.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Price Reduction Negotiating Skills 52

Supply Chain Game Changer

JULY 29, 2021

Australia too sent immediate support package of ventilators, oxygen tanks and PPE Kits. Saudi Arabia shipped 80 Metric tonnes of liquid oxygen to India and Portugal assured 20,000 litres of oxygen per week to India along with 5503 vials of Remdesvir. Luxembourg and Sweden sent 58 and 120 ventilators respectively.

India 105

India Supply Chain Saudi Arabia Portugal 105

Enterra Insights

JULY 27, 2021

“Companies need to think ‘sustainable’ from the start of a product’s life,” he writes, “by designing products and packaging that are biodegradable and environmentally sustainable.” Simulate the CO 2 footprint of the plan through procurement, production, and transport. ” Implement.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 100

SupplyShift

JUNE 2, 2021

In the wake of COVID disruptions and the financial advantage earned by companies focusing on ESG despite major market uncertainty, investors are rapidly recognizing the strategic importance of these metrics as well. Deloitte’s 10th Annual Chief Procurement Officer Survey mirrors this shift in priorities. Corporate ESG Reporting Today

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 52

ShipBob

DECEMBER 28, 2022

Where you get these from, or how you source them, can be a huge decision. Sourcing can seem overwhelming if you’re a brand or retail buyer not entirely sure what you’re doing, but it can significantly impact the quality, cost, and availability of your products. What is strategic sourcing? What is procurement?

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

SupplyShift

NOVEMBER 4, 2020

To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Decrease water usage by 20 percent at high-risk sites and 15 percent overall by 2025 (per metric ton of product made). What synergies exist between us? (

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

SupplyShift

NOVEMBER 4, 2020

To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Decrease water usage by 20 percent at high-risk sites and 15 percent overall by 2025 (per metric ton of product made). Map all supplying sites. Determine which sites are high risk.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Every KPI needs a clearly defined goal.

Optimal Sourcing 113

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 113

SupplyShift

JUNE 2, 2021

In the wake of COVID disruptions and the financial advantage earned by companies focusing on ESG despite major market uncertainty, investors are rapidly recognizing the strategic importance of these metrics as well. Deloitte’s 10th Annual Chief Procurement Officer Survey mirrors this shift in priorities.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 40

Enterra Insights

FEBRUARY 9, 2021

For illustrative purposes, I will discuss some efforts by consumer packaged goods (CPG) companies currently underway. This is expected to result in the reduction of over 26 million metric tons of greenhouse gas emissions — the equivalent of taking five million-plus cars off the road for a full year.

Sourcing Strategies 113

Sourcing Strategies Supply Chain Planning Software Procurement Analytics Sustainability 113

QAD

SEPTEMBER 22, 2021

This type of software is used by businesses to plan and oversee routine operations, such as supply chain management, manufacturing, services, project management, customer relationship management, risk management, compliance, accounting and procurement. Overall, ERP software enables businesses to function more effectively. Consumer Products.

Case Study 52

Case Study Study Optimal Sourcing Supply Chain Planning Software 52

Unleashed

NOVEMBER 2, 2023

It is the process of determining future demand for products, how those products will be manufactured to meet that demand, and the manufacturing metrics that will measure success. Many production planning and production scheduling software come as a complete package. Production planning precedes production scheduling.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

Requis

MARCH 23, 2021

The pressure to be more sustainable also comes from outside sources like governments, banks and customers. Sustainability should impact procurement choices, such as favoring lower embodied carbon products over higher embodied carbon products. Safety and quality became key buying factors during procurement.

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Expense Reduction 52

Supply Chain Shaman

AUGUST 16, 2015

Based on reporting from the Wall Street Journal, the company hired Morgan Stanley to shop the company and package it for sale in 2014 with an expected evaluation of 800M$. The goal is deeper analytics to sense and respond across make, source and deliver. Companies need a real-time data source on performance. I am not surprised.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Unleashed

JANUARY 10, 2023

Either way, the first thing you should do is establish metrics and KPIs. Supplier optimisation Supplier optimisation involves sourcing and procuring the best vendors for the various parts, products, software, and services you need to run your business. This will ensure your business is running at maximum profitability.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Supply Chain Brain

MAY 22, 2018

And that does not include the people who work along the meat supply chain: the slaughterers, packagers, retailers and chefs. In 2016, the world’s meat production was estimated at 317m metric tons, and that is expected to continue to grow. Figures for the value of the global meat industry vary wildly from $90bn to as much as $741bn.

Food 40

Food Manufacturing Procurement Security Metrics 40

FLEXE

JUNE 14, 2018

Assumptions and intuition don’t drive business decisions, quantifiable metrics do. Consider this: an online consumer packaged goods (CPG) company that sells everyday products may offer subscriptions and/or fast replenishment—getting toothpaste delivered every month or running out and wanting it the next day. We live in a world of data.

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

FLEXE

JUNE 14, 2018

Assumptions and intuition don’t drive business decisions, quantifiable metrics do. Consider this: an online consumer packaged goods (CPG) company that sells everyday products may offer subscriptions and/or fast replenishment—getting toothpaste delivered every month or running out and wanting it the next day. We live in a world of data.

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

Procurement Academy

FEBRUARY 6, 2024

Sustainable Procurement Practices A sustainable procurement practice is one that appropriately integrates environmental, social, and governance factors into the core of the process. There isn’t a one-size-fits-all approach, with each organization needing to analyze its procurement practices to see where the most impact can be made.

Waste Reduction 59

Waste Reduction Sourcing Strategies Supply Chain Strategy Optimal Sourcing 59