ivalua

JUNE 29, 2020

Add to this a set of complex and unique processes such as bill only transactions, which are often fairly resource intensive. Quite often there can be a general lack of spend and vendor management and strategic sourcing activities. Across this supply chain there is typically a lack of visibility due to siloed information and data.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

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

Logistics Bureau

FEBRUARY 6, 2023

Without these critical metrics, you’re flying blind. 3: Using Overcomplicated KPIs In our work with clients, we often come across KPIs that combine data from several sources and employ complex calculations. You should have a manageable number of metrics to track if you’re genuinely monitoring only key performance indicators.

KPI 84

KPI Supply Chain Strategy Supply Chain Software Supply Chain Design Software 84

ThroughPut

JANUARY 19, 2024

Logistics presents a formidable challenge in the ready mix concrete (RMC) industry. Secondly, coordinating customer needs, plant capacity, and transport resources was also vital. By analyzing key metrics like travel time, return travel, and time spent on-site, the company was able to make data-driven decisions.

Case Study 52

Case Study Waste Reduction Resource Reduction Material Savings 52

Supply Chain Shaman

JUNE 7, 2021

My approach took too much time and resources. I began analyzing correlations of groups of metrics to market capitalization and found that the most significant correlation was between market capitalization and growth. When companies were growing, I also discovered that the cost and inventory metrics better aligned with peers.

Gartner 198

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

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. What is supply chain efficiency? Calculated as cost of goods sold/average inventory.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

Supply Chain Shaman

SEPTEMBER 17, 2014

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. Companies with the strongest performance had more advanced supply chain human resource departments, a well-integrated supply chain finance team, and a supply chain center of excellence.

Optimal Sourcing 306

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

SCMDOJO

JULY 3, 2023

At the end of this blog, we will also be linking a couple resources of reading material to aid your journey of procurement training as well as best practice templates and dashboards to help improve your procurement processes as a working professional in the field. Procurement and Purchasing Cycle Lesson 7.

Purchasing Training 82

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 82

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The overarching rule that all actions taken are meant to meet the needs of the present society without compromising future generations’ ability to meet their own needs, is a key driver. Sustainable Transformation is Data Driven – Driving Profitable Supply Chains from Resources to Retailing. Photo Credit: United Airlines.

Supply Chain Planning Software 242

Supply Chain Planning Software Resource Reduction Global Supply Chain Software 242

Supply Chain Opz

JANUARY 3, 2022

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute sourcing strategies like the world's leading companies. Cons: It focuses heavily on sourcing or purchasing which is one function under integrated logistics management.

Logistics Network Optimization Software 130

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

Elementum

SEPTEMBER 6, 2022

Five Supply Chain Management Challenges in 2022 The last two years have caused endless disruptions to supply chains, but have also presented an opportunity to diversify and think creatively. Fortunately, there are a vast range of tools available to build a supply chain that can withstand a broad scope of pressures.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 78

American Global Logistics

SEPTEMBER 12, 2023

Overview of Supply Chain Management Supply chain management encompasses the planning, sourcing, manufacturing, and delivery of products or services. Other innovations in optimizing supply chain efficiency include using renewable energy sources, route optimization, and electric vehicles to develop environmentally sustainable supply chains.

Sourcing Strategies 52

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

Supply Chain Shaman

OCTOBER 8, 2019

The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 189

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

GlobalTranz

JANUARY 30, 2015

It is important to know who is providing the source data used to develop your KPIs. If you are using components of source data outside of either you or your provider’s control, what are the means of auditing its accuracy? Is the data presented as useful to make better business decisions or improve business practices?

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

Supply Chain Shaman

SEPTEMBER 2, 2016

Pick five-to-seven balanced metrics and hold all functions accountable to these corporate metrics. They, as a group, will imagine together a future state for 2030 based on presentations from thought leaders. Communicate the balanced scorecard for the team through clear leadership communication and stay the course.

Supply Chain Planning Software 0

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

NC State SCRC

FEBRUARY 13, 2021

The Supply Chain Resource Cooperative is proud to announce the award of a major research grant ($1.2 Unethical working conditions among apparel supply chains present substantial challenges for brands’ pursuit of corporate social responsibility (CSR) and generate systemic dysfunction. 1] [link]. [2] 2] Templeton, J. 1] [link]. [2]

Apparel 59

Apparel Optimal Sourcing Supply Chain Design Software Manufacturing Procurement 59

Exiger Perspectives

APRIL 3, 2023

We’ll see how the risk landscape has transformed and present our findings on how to leverage Exiger’s proprietary TPRM and SCRM framework to ensure fast, data-driven decision-making and business continuity in the event of an incident. In this article, we will review why a supply chain risk management framework is needed.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

E2open

MARCH 17, 2017

In addition, each day presents change in the form of new product introductions, promotions, on-shelf availability , category expansion, weather shifts, social sentiment and so forth. E2open also ensures that resources are available on demand, eliminating shortages in resources during peak periods. Why E2open DSR is Unique.

Analytics Software 60

Analytics Software Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 60

E2open

MARCH 17, 2017

In addition, each day presents change in the form of new product introductions, promotions, on-shelf availability , category expansion, weather shifts, social sentiment and so forth. E2open also ensures that resources are available on demand, eliminating shortages in resources during peak periods. Why E2open DSR is Unique.

Analytics Software 60

Analytics Software Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 60

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

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? Stock availability.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

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

Supply Chain Game Changer

MAY 18, 2021

It cannot be understated how important these topics are to our present and to our future. All of this means that businesses and governments have to take the necessary steps to address and correct the present reality. Active risk management and mitigation, inclusive of nature related impacts, is essential.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Design Supply Chain Strategy Supply Chain Software 64

Talking Logistics

DECEMBER 4, 2017

And that was the main point of the keynote presentation: to illustrate to all the stakeholders in the HBM ecosystem (producers, suppliers, contractors, and haulers) the possibilities and opportunities that exist to elevate the way they communicate, collaborate, and orchestrate (plan and execute) their processes.

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

DynaSys

JANUARY 20, 2021

Robert Drew presents you with 6 Takeaways for Future Supply Chain crisis to overcome challenges of your Supply Chain. Having well-priced credit gives companies the ability to better manage cash shortfalls and invest in low cost opportunities that present themselves during disruptions. Some global buyers are beholden to just one source.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Optimization 97

Elementum

MAY 1, 2018

But in today's rapid-fire world, the wait-and-see approach is the most costly one, and is almost guaranteed to maximize the time and resources spent on expediting fees and last-minute scrambling. Potential Sources of Disruption. Identifying sources of risk and developing a plan are only part of the story. Loss of talent/skills.

Pharmaceutical 94

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 94

Talking Logistics

APRIL 12, 2017

The Descartes Global Logistics Network has 16,500+ customers on it, with more than 13 billion messages processed per year and more than 66 million routes/resources managed per year. getting buy-in from drivers and other stakeholders) and implementing appropriate metrics to measure and drive performance.).

Supply Chain Planning Software 113

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software 113

Precoro

MAY 22, 2023

Whether you're the CPO, COO, CTO, IT manager, or a procurement specialist, understanding the selection process for procurement IT is crucial for ensuring that your company has the technical resources it needs to remain competitive and satisfy evolving customer demands. What is IT procurement?

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Unleashed

OCTOBER 16, 2023

Even firms with smaller production volumes can struggle due to limited resources or inefficient processes. Let’s look at a few accounting metrics you may find useful when dealing with raw materials inventory management. This metric helps you determine how quickly and efficiently your business is using its raw material inventory.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

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. Drive acquired sites from traditionally local, higher priced sources, to the best commodity prices.

Supply Chain Planning Software 104

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

Material Handling & Logistics

DECEMBER 14, 2018

It arrives from an array of sources, and it is presented in a variety of formats. The techniques require different degrees of sophistication, but even the relatively simple exercise of putting data from different sources in the same space and producing a visual representation can suggest strategies for transformation.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

Unleashed

MARCH 28, 2021

Sourcing new suppliers, trialling products, and negotiating contracts can be costly and time-consuming. In his article Strategies for Global Sourcing , David Pyke explored five types of sourcing relationships: buy the market, ongoing relationship, partnership, strategic alliance, and backward integration. Efficient onboarding.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

ThroughPut

APRIL 28, 2020

Here are some of the key questions that production teams try to answer during the capacity-planning process: How much free capacity exists at present in each of the service departments/ functions? 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

How much free capacity exists at present in each of the service departments/ functions? With regard to the manufacturing industry, the process of Capacity Planning is made up of three resource types: machines, people, and tools. One or more of these types of resources are used to perform an operation on a job.

Supply Chain Planning Software 52

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

ThroughPut

APRIL 28, 2020

Here are some of the key questions that production teams try to answer during the capacity-planning process: How much free capacity exists at present in each of the service departments/ functions? 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

EazyStock

OCTOBER 10, 2018

High data volumes present the biggest challenge to conventional IT structures since on-premise solutions typically do not have the capacity to manage large datasets. Variety – The different forms of data sources. Processing a large volume of information the main benefit of big data analytics.

Inventory Management Software 45

Inventory Management Software Big Data Inventory Management Supply Chain Planning Software 45

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