Supply Chain Insights

JUNE 1, 2017

When asked what stage in the end-to-end supply chain process maturity they were in, most people in the course said their companies were good at transactional efficiency, and were currently focused on data sharing, moving to policy development (see Figure 1). End-to-End Supply Chain Maturity Stages. What is the business strategy?

Supply Chain Strategy 161

Supply Chain Strategy Supply Chain Software Price Mitigation Strategies Supply Chain 161

SYSPRO Smarter ERP

OCTOBER 30, 2023

Having a modern quality management system in place is therefore critical. What a quality management system does A properly functioning quality management system should ensure products and their components pass the quality criteria that have been set to uphold agreed standards.

Quality 105

Quality Manufacturing Supply Chain Design Software Supply Chain Planning Software 105

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

To successfully manage the impact, automated alerts inform those who can act, like modern GPS directional systems that alert drivers to traffic delays along a route. More companies are looking to an automated system for helping to identify weather events that may impact a client’s transportation network and usual shipment lanes.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. Tie policy to action.

Supply Chain Planning Software 339

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 339

SCMDOJO

FEBRUARY 29, 2024

However, if we ask them how many are satisfied with their systems or their approaches to doing so, very few, and often no one will tell us. The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Supply Chain Shaman

DECEMBER 13, 2021

Their focus on technology for the sake of digital–doing the same things faster or hands-free–stalled out because of the lack of investment in human work systems. “Why would we invest in making current systems faster without recognizing the fundamental disconnects??? . What can work look like?

Sourcing Strategies 195

Sourcing Strategies Cost Reduction Strategies Supply Chain Design Software Price Mitigation Strategies 195

Logility

JANUARY 26, 2022

Reporting will need to reveal such information as total volume of material produced, carbon emissions, water consumption and pollution, chemical usage, storage, and disposal practices, median wages, and measures for responsible company conduct embedded in policies and management systems. Full traceability.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 130

Logility

DECEMBER 14, 2021

Governance takes a more holistic view of the system and synergies between the players. Supply chain governance integrates coordination of operations and ensures that the proper policies are implemented and controlled. It means taking intentional actions to affect partner relationships. Technology to Govern Your Governance.

Supply Chain Planning Software 199

Supply Chain Planning Software Government Supply Chain Software Sourcing Strategies 199

ivalua

JUNE 14, 2023

Up front efforts to define roles and responsibilities, document requirements, integrate with other enterprise systems, and maximize the value of data will be rewarded in multiple forms well beyond the conclusion of the implementation.

Optimal Sourcing 239

Optimal Sourcing Sourcing Strategies Procurement Resource Reduction 239

Logistics Viewpoints

JULY 22, 2021

The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process. In general, S&OP consists of a New product review, Demand Review, Supply Review, Management Review and some level of reconciliation between these steps.

S&OP 247

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 247

TMC

NOVEMBER 18, 2015

Some companies have developed internal monitoring systems that track the status of assets over extremely wide areas. Walgreens estimates that this system saved it $3.6 Shifts in government policy can be immensely disruptive, especially when they occur with little or no warning. million in perishable goods in one year.

Metrics 67

Metrics Supply Chain Planning Software Forecasting Software Supply Chain Software 67

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. A good returns policy is crucial for ensuring a smooth customer experience. Should a returns policy be tight or lenient?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Logistics Viewpoints

JULY 21, 2023

Seven years ago, I wrote that Cyberdyne Systems’ Skynet division was working on teleportation capabilities that will eliminate the need to wait for products to ship entirely. policy does not shut the chip firms out of the lucrative Chinese market. million metric tons of carbon dioxide equivalent in 2022, down 0.4

Logistics Network Optimization Software 196

Logistics Network Optimization Software Purchasing Skills Pricing Training Procurement Analytics 196

Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. As a result, the entire organization gamed the system to improve personal gain.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

RFgen

FEBRUARY 8, 2024

Businesses using Enterprise Resource Planning (ERP) systems hold a powerhouse of data. Integrating cloud-based ERP systems with other business software and tools is necessary for organizations seeking to unify their operations, enhance efficiency, and gain a strategic advantage. Automating data exchange between integrated systems.

Supply Chain Planning Software 52

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

BlueYonder

JANUARY 18, 2024

For example, how long it takes to get an item back into stock after being returned is very rarely a considered metric for retailers. At the root, the issue is that returns are very often still operated as a paper-based system which is then hooked into order management and stock management systems.

Logistics Network Optimization Software 56

Logistics Network Optimization Software How To Supply Chain Software Retail 56

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

One of the key achievements in 2020 was the automation systems commissioning and go-live of the integrated Red Lion facility in May – at the height of the pandemic. With multiple automation systems in place and various sub-systems requiring seamless integration. Another notable project launch is the DB Schenker’s digital twin.

Singapore 246

Singapore Logistics Network Optimization Software Supply Chain Design Software Waste Reduction 246

Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. As a result, the entire organization gamed the system to improve personal gain.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Logistics Viewpoints

MARCH 29, 2024

The centers feature an automated, high-density storage system that, among other benefits, allow the retail giant to double the number of customer orders it can fulfill in a day. Walmart first announced its next-gen fulfillment center model in 2022.

Prescriptive Analytics Software 254

Prescriptive Analytics Software Logistics Network Optimization Software Supply Chain Software Logistics 254

Elementum

AUGUST 3, 2022

Supply chain management includes all activity required, from production to product development, and the information system needed to handle all these. A plan and a set of metrics are developed to monitor and assess all activities. The process aims to maximize companies’ profits and meet the demand for products or services.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 78

Logistics Viewpoints

JANUARY 7, 2022

The system sports six pairs of stereo cameras, powered by a pair of Nvidia Jetson modules, offering a full view of its surrounding. Its GPS guidance system, coupled with geofencing, keep the system on track for initial tasks, such as tilling. That could certainly help farmers keep their growing on track.

Los Angeles 210

Los Angeles Logistics Network Optimization Software Logistics Supply Chain Planning Software 210

Logility

OCTOBER 6, 2023

Integrations include cloud ERP systems, data warehouse solutions, or big data systems – such as Microsoft Azure Synapse and Snowflake – or can be driven by events or web services that make the platform more responsive. The comparison comes down to fully understanding the total cost of ownership for on-premises systems.

Supply Chain Planning Software 193

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 193

Unleashed

MAY 30, 2024

The regulatory environment and government policies that impose pricing limitations. Identify the value metric for your product Identifying the most valuable attribute of your product, commonly known as the value metric, will guide the scaling of your price. Identifying the right value metric is crucial.

Price Reduction 52

Price Reduction Negotiating Skills Purchasing Skills Negotiate Pricing 52

SYSPRO Smarter ERP

NOVEMBER 3, 2021

This is best done using an ERP system, where different steps of the manufacturing chain – order management, production, fulfilment, etc. – can be measured to define this metric. Manufacturing Cycle Time : This metric is most accurately obtained using real-time monitoring with a Manufacturing Execution System (MES).

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Logility

JULY 31, 2023

This method involves generating and examining scenarios based on altering key variables, like demand changes, supply disruptions , market shifts, and policy adjustments. Even beyond Excel, many older S&OP software systems lack the advanced capabilities to harness the power of “what if” scenario planning.

S&OP 130

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 130

Kinaxis

DECEMBER 6, 2017

With mergers and acquisitions, new data sources are added along with the data in these systems. Depending on the system and processes inherited with the new source, data issues could be significant. With fractured data systems, data elements may be different in each system and it can become a challenge to know which one is right.

Supply Chain Planning Software 177

Supply Chain Planning Software Supply Chain Planning Scenario Planning Data 177

Locus

NOVEMBER 28, 2023

This can be fixed by implementing a smart returns management system. It is vital that shippers optimize the below metric to success in their overall growth. Delayed Delivery: According to research, 26% of customers return the product due to delayed delivery. This is not a product defect or simply customers’ moody behavior in play.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Mitigation Strategies Reverse Logistics 52

Elementum

FEBRUARY 7, 2024

As automation integrates deeply into systems such as customer relationship management (CRM) and enterprise resource planning (ERP), it supports a seamless operational framework that can adapt to changing business needs. Streamlining Processes Operations automation transforms complex systems into streamlined, efficient processes.

Cost Reduction Strategies 78

Cost Reduction Strategies Supply Chain Software Predictive Analytics Software Resource Reduction 78

Vecco International

FEBRUARY 4, 2024

If the automated agent is unable to resolve the problem within user-defined policies and constraints, alerts will be triggered for manual intervention. Once an order is accepted, the system will “peg” allocated inventory lots to an order based on required attributes and reserve this inventory.

Beverage 40

Beverage Food Supply Chain Planning Software Manufacturing Procurement 40

Supply Chain Shaman

OCTOBER 29, 2020

True collaboration is systemic. Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Actively design your supply chain to focus on the management of variability and implement inventory buffer policies.

Optimal Sourcing 247

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 247

Resilinc

NOVEMBER 1, 2022

tensions with China boiled over into policies and restrictions that will fundamentally reshape semiconductor value chains and the myriad types of products that require chips. They are all rated strong performers by their customers across operational metrics including business continuity planning and reliability.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Network Software Metrics Demand Planning Software 62

Logistics Viewpoints

APRIL 21, 2023

But I believe that more efficient packaging is the area with the greatest potential to improve sustainability metrics within the warehouse. Robust began building the former after discovering that there weren’t systems on the market with the on-board hardware the startup is trying to push.

Logistics Network Optimization Software 210

Logistics Network Optimization Software Logistics Kenya Supply Chain Planning Software 210

QAD

MARCH 9, 2023

That means looking at the right metrics. Be influenced by metrics that transcend operations, profitability, and risk. Invariably times of high-inflation are followed by times of higher interest rates as central banks around the world tighten their monetary policy and increase the cost of funding. What About Cash?

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 93

Supply Chain Shaman

JUNE 5, 2013

It was badly implemented by a system integrator. The cost was 60% more in than average; but even more unfortunate, they never got a good understanding of how to use the planning system. Integration of corporate social responsibility metrics in planning. Frequent and systemic supply chain design. Supply Chain Design.

Supply Chain Planning Software 226

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 226

GlobalTranz

APRIL 5, 2017

If your vendors do not understand your organization’s policies and procedures regarding inbound freight , how can they adhere to your needs? This means that a near-majority of companies are faced with the pitfalls of internal, low-guidance systems for managing both inbound and outbound freight. Lack of Trading Partner Understanding.

Vendor Strategies 123

Vendor Strategies Cost Reduction Strategies Inventory Reduction Logistics 123

SYSPRO Smarter ERP

MARCH 27, 2023

Steps to greater supply chain sovereignty One argument is that cost and efficiency should no longer be the main metrics in determining how a supply chain works. Revise sourcing policies to focus more on reliable delivery rather than just lower costs. The last three years have exposed the risks of doing that.

Manufacturing Procurement 104

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Modeling 104