ShipBob

SEPTEMBER 24, 2021

Fast fulfillment starts with proper warehouse management , which determines how efficiently you receive, track, and store inventory in a way that gets customers orders out the door faster. But how do you know if a warehouse is performing well? In this article, learn how to track warehouse performance by monitoring the right KPIs.

Optimal Sourcing 52

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Supply Chain Matters

JULY 7, 2023

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Similar trends were highlighted in our Supply Chain Matters summary of the May 2023 LMI report.

Negotiating Skills 52

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GlobalTranz

JULY 28, 2021

That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. Managed transportation is about streamlining and centralizing the whole process of both inbound and outbound logistics, ranging from warehousing through delivery.

Optimal Sourcing 317

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SCMDOJO

NOVEMBER 9, 2023

Warehousing expenses are often variable and depend on the amount of inventory stored. Consequently, it is imperative to maintain a well-organized warehouse that either introduces new items at the back or strategically positions older items at the forefront. These are shown in our inventory control template excel later in the blog.

Inventory Reduction 84

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Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Now I was naive when I wrote the reports at AMR. Mistake #5.

S&OP 195

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SYSPRO Smarter ERP

AUGUST 2, 2023

Food and Drug Administration (FDA) and other governmental entities necessitates continuous reporting on product traceability and adherence to exacting standards. ERP analytics enable the reporting and tracking of variances and defects, providing valuable insights to improve the design process.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In Malaysia, CEVA Logistics worked closely with L’Oréal , a major producer of luxury and consumer products, to develop a social initiative of providing jobs for the hearing impaired at our warehouse since June 2020. He was also in charge of carbon management and accounting and CSR reporting. million gallons of SAF this year.

Resource Reduction 242

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The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

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crisp

DECEMBER 15, 2021

A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. That same survey showed that up to 50% of procurement teams’ time was spent looking for data. These ‘ driver metrics ’ can give you an early signal to act on before your outcome is impacted.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Elementum

FEBRUARY 7, 2024

Inventory Management: Precision and Efficiency through Automation AI and ML transform inventory management by predicting stock levels, automating reorder processes, and optimizing warehouse organization. Performance Metrics When looking at performance metrics , they must reflect efficiency gains and throughput increases.

Sourcing Strategies 78

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The Logistics of Logistics

NOVEMBER 5, 2021

He is also the Founder and Co-Director of the MIT FreightLab – a research initiative that works on improving the way freight transportation is designed, procured, and managed. Founder, LogisticsMatter How can AR improve warehouse management? Cassandra Gaines. Martijn Graat.

Logistics Network Optimization Software 147

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ShipBob

FEBRUARY 25, 2022

This involves keeping track of critical distribution metrics such as how many orders were shipped out on time because this is vital to determine how efficient their processes are, how satisfied customers will be, and whether they need to make improvements. The OTIF metric isn’t just for measuring delivery performance.

Optimal Sourcing 52

Optimal Sourcing Real-time Visibility Procurement Analytics Supply Chain Planning Software 52

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). . We are discussing them.

Procurement Analytics 52

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Supply Chain Matters

MAY 23, 2022

Please note that the authors indicated that with the April report, prior historic data was revised because of various normalization needs. The April report specifically indicates t hat after 23 consecutive months of contraction the index of Transportation Capacity shifted back into expansion, bumping up 11.2 warehouses. .

Supply Chain Optimization 59

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Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. When you know the value, location, and quantities of your stocked items you’re in a better position to make informed decisions around procurement and sales – ultimately resulting in reduced production costs and improved profitability.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Logistics Bureau

FEBRUARY 6, 2023

Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supply chain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty.

KPI 82

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Supply Chain Matters

JUNE 7, 2023

The reported May value of 47.3 The May report narrative reinforced that “ the negatives seem to outweigh the positives in the logistics industry.” not only described as a “ significant rate of contraction ,” but also the first time that this particular metric has reached such a low level. compared to the April value of 50.9,

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

ShipBob

APRIL 26, 2023

Moreover, 47% of companies also reported a disruption in their workforce due to the pandemic. Lockdowns and labor shortages undoubtedly led to supply chain bottlenecks as many warehouses had to be shut down, resulting in fulfillment and distribution processes being upended.

Supply Chain Planning Software 52

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

ToolsGroup

SEPTEMBER 25, 2019

Digital transformation is not seen as a singular activity but a set of interrelated activities that span across people, process, technology, policy, and metrics,” said George Fowler, group vice president in Spinnaker’s Supply Chain business unit. To access the full report, please visit www.ToolsGroup.com/DT-survey . ###.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

Veridian Solutions

JANUARY 2, 2019

Interest for a Warehouse Management System in the cloud has risen as companies attempt to stay competitive with Big Box Retailers and Amazon, but those are not the only factors driving investment in cloud-based WMS. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Challenges of Traditional WMS.

Supply Chain Design Software 45

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The Logistics of Logistics

JUNE 23, 2022

Therefore, produce ready for shipping may be stalled due to a limited supply of equipment and trucks (hindering capacity procurement ), fewer drivers, and the pressure everywhere to move things faster, save money, and get it done without impacting the customer experience. As a result, shipping costs will undermine any potential gains.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

GlobalTranz

NOVEMBER 19, 2018

Let’s Get into the Specifics Think about this: 79 percent of companies with high-performing supply chains (these are often referred to as Supply Chain Leaders (SCLs)), have revenue growth that is significantly above their industry average, according to this report by Deloitte. Without a doubt, managing supply chain is nothing but easy.

Supply Chain Risk Management 189

Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 189

ShipBob

DECEMBER 13, 2023

Optimized storage space: Prevents overstocking, maximizing warehouse utilization. These metrics provide valuable insights into how well your inventory is managed. Holding costs Holding costs are the expenses related to storing unsold inventory, including warehousing, insurance, and depreciation.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

GlobalTranz

FEBRUARY 6, 2017

In other words, robots will gain new movements, capable of picking items from shelves in warehouses and storefronts. Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

Veridian Solutions

JANUARY 2, 2019

Interest for a Warehouse Management System in the cloud has risen as companies attempt to stay competitive with Big Box Retailers and Amazon, but those are not the only factors driving investment in cloud-based WMS. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Customer service levels. Download WhitePaper.

Supply Chain Design Software 40

Supply Chain Design Software Analytics Software Demand Planning Software Warehousing 40

GlobalTranz

DECEMBER 29, 2014

Some logistics involves transportation or warehouses or both. It is evident, the two most popular themes around logistics in 2014 based on these page views have to deal with Reverse Logistics , e-commerce , and information around the warehouse. We thank all of our readers who have read our posts. Read the full Post. Read the full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Supply Chain Shaman

NOVEMBER 9, 2014

I believed that we would find a company with the lowest distribution costs (warehousing and transportation), and the lowest manufacturing costs, and this would result in the best overall cost structure. This can either be through direct reporting or a matrixed organization. It was not measured. If not, I am afraid we have a misnomer.

Manufacturing Procurement 284

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 284

Unleashed

DECEMBER 21, 2023

Inventory management solutions are the systems and processes designed to effectively oversee the entire lifecycle of your business’s inventory, from procurement and storage to distribution and sales. These can range from traditional warehouses to roboticised fulfilment centres.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

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. The discontinuation of SKUs that have low sales volumes, high return rates, or high storage costs, can save on warehouse space, and handling fees.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Supply Chain Shaman

OCTOBER 8, 2019

The design of the conference includes tours of several modern warehouses and centers of excellence. The budget is for a fiscal year with quarter reporting and updates. Instead, it should be mapped as an input to track supply chain forecasting to financial budgets for reporting and insights. Time horizon. Bias and error.

Supply Chain Design Software 183

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

Supply Chain Shaman

JULY 30, 2022

” (The use of the term “basics” is usually code for the implementation of Enterprise Resource Planning (ERP) to improve order-to-cash and procure-to-pay.). The problem is that warehouses are full. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

ShipBob

OCTOBER 1, 2021

To make their supply chains more lean, retailers can explore different supply chain optimization techniques throughout procurement, production, and distribution, or outsource supply chain management to a 3PL. As long as you are tracking the right metrics, data reveals where you can eliminate waste within your supply chain.

Agile and Lean Supply Chain 52

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ShipBob

NOVEMBER 6, 2023

This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand. Verify that invoices match the amount of items and cost of inventory shipped from your ecommerce warehouse. They ask the tough questions that can be overlooked when an internal auditor completes a report.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

ShipBob

JANUARY 6, 2023

Report on important performance metrics. One of the best parts about a TMS is the ability to access actionable reporting. You can get in-depth reports on the performance of your networks and facilities. Both a TMS and a warehouse management system (WMS) are important aspects of supply chain management. TMS vs WMS.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

Unleashed

DECEMBER 2, 2020

A carefully calculated reorder point is therefore critical to good stock control, and keeps your key metrics looking healthy for your next inventory report. You can compare the average daily unit sales across different accounting periods or compare it to other inventory reporting metrics to see how well your business is performing.

Procurement Analytics 85

Procurement Analytics Manufacturing Procurement Inventory Management Software Procurement Solutions 85

Supply Chain Game Changer

NOVEMBER 5, 2020

The State of the American Workplace report found that the stronger the employee engagement was, the higher productivity, stronger sales, and bigger profits resulted. While you can’t bring beanbag chairs into a warehouse or production facility, you can create a friendly environment where workers feel at home and comfortable in their workspace.

Supply Chain 95

Supply Chain Optimal Sourcing Supply and Demand SCM 95

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. In the case of manufacturers, it means procuring green and sustainable raw materials. Sustainable warehousing. Although often overlooked, warehouses and storage centers use huge amounts of energy in supply chains.

Negotiating Skills 52

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