Silvon Software

JUNE 1, 2023

Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. At times, finding the right metrics can feel incredibly challenging, and there might be a tendency to measure things for the sake of measurement. The KPIs here highlight procurement, production, logistics, and customer fulfillment.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

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. Figure 2: A technology adoption roadmap for transportation and logistics companies considering generative AI.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

GlobalTranz

JULY 8, 2016

Today's post will cover the top 5 Transportation Management blogs from 2016 so far. Top Transportation Management Blogs from the First Half of 2016 So Far. The transportation management blogs category most top viewed blog posts from the first half of 2016 included several elements of the transportation management.

Transportation Management 125

Transportation Management Transportation Resource Reduction Cost Reduction Strategies 125

OptiProERP

APRIL 9, 2024

This stage involves scheduling resources, allocating the workforce, and coordinating tasks to fulfill the order efficiently. Collaboration between production, procurement, and logistics teams is essential to optimize resource utilization and minimize lead times.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 56

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 56

Logility

AUGUST 4, 2023

Whether your definition of value includes on-time, in-full (OTIF), inventory reduction or optimization, transportation spend, speed of decision making, supply chain costs, net working capital, or a myriad of other value measures, you know your business better than anyone.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Vendor Strategies 208

GlobalTranz

JANUARY 30, 2015

As data in transportation becomes more abundant and readily available, the question of “ What data is available ?” The methods of evaluating metrics or developing KPIs vary significantly from company to company. Business Advice Technology Transportation' has changed to “ Is the data meaningful ?”

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

QAD

MARCH 9, 2023

Russia’s invasion of Ukraine sparked a major energy crisis in Europe, environmental disasters and pandemic lockdowns have continued to disrupt transport and supply chains, raw material costs and inputs are on the rise in many parts of the world and inflation is creating challenges for end consumers and companies alike.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 95

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. However, many companies need more resources to protect themselves adequately. in 2021 compared to the year before.

Supply Chain Planning Software 193

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

QAD

JUNE 8, 2023

When QAD hosted a live webinar earlier this year to explore and analyze the challenges that have procurement leadership buzzing these days, the issue of environmental, social and governance (ESG) was a hot topic. And the good news is: There are ways to turn a potential minefield of problems into a goldmine of opportunity.

Waste Reduction 88

Waste Reduction Material Savings Resource Reduction Price Reduction 88

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Recently, CEVA Logistics joined the Singapore Changi Airport community in a humanitarian aid project to transport 14,000-kilogram of oxygen concentrators from Los Angeles to Jakarta via Singapore. We want to support and enrich these local communities through what we do best: logistics and transportation services. Acting for Planet.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. Carriers: Carriers are the transportation companies responsible for physically moving the goods from one location to another.

Logistics Network Optimization Software 93

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 93

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. Alternatively, you can procure access to a digital freight benchmarking platform.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Pros: It forms part of the CIPS Level 2 Certificate in Procurement and Supply Operations qualification.

Supply Chain Design Software 115

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 115

Supply Chain Shaman

NOVEMBER 21, 2017

Decision support includes all forms of planning: demand, supply, revenue, manufacturing and transportation planning. This transfer of ownership reduced the effectiveness of procurement. Stalled progress on metrics: 90% of companies find themselves stuck on key supply chain metrics (cost, inventory, growth, ROIC).

Supply Chain Planning Software 151

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 151

Supply Chain Shaman

SEPTEMBER 17, 2014

There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. 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. Aligned Metrics.

Optimal Sourcing 298

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 298

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 Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

Unleashed

AUGUST 20, 2023

Lead time is a vital business metric that directly impacts customer satisfaction, workflow efficiency, and delivery time accuracy. It’s a valuable metric for identifying bottlenecks, improving efficiency, and optimising specific operational steps. Here are a few of the most useful ones. Let’s break down the most common ones.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 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. Therefore, you can’t improve them.

KPI 82

KPI Supply Chain Strategy Supply Chain Software Supply Chain Design Software 82

GlobalTranz

FEBRUARY 6, 2017

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. For example, Johnson & Johnson procurement professionals actively review market trends before making purchases.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

4WL Consulting

JUNE 12, 2015

This heightens the need for having a global procurement network which can support and respond to a company’s supply chain needs in a timely manner. However, many chief procurement officers claim that it is becoming more and more difficult to select a strategic supplier who offers consistent global quality and local service. #2

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Expense Reduction Inventory Reduction Resource Reduction 100

ThroughPut

FEBRUARY 23, 2024

You can conveniently work with the right suppliers by analyzing pricing, quality, and delivery times as the system helps you identify reliable suppliers, thereby, streamlining the procurement processes. Plus, other significant losses are production time, resources, and of course, money.

Predictive Analytics Software 59

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

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. Green logistics and transportation practices promote energy-efficient transportation modes and route optimization. This innovation significantly increased efficiency.

Sourcing Strategies 52

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

BlueYonder

FEBRUARY 17, 2022

By the end of the ‘90s, more companies focused on ERP (enterprise resource planning) upgrades, mainly driven by challenges from first generation code that did not support Y2K. Transport costs are soaring to ridiculous levels, especially for those shippers that did not have an organized procurement strategy for freight movement.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 71

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. Delivery Lead Time: In the downstream supply chain, delivery lead time represents the time from order receipt to product delivery, including activities such as packing and transportation.

Inventory Reduction 80

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 80

Supply Chain Shaman

OCTOBER 8, 2019

No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 183

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

SCMDOJO

MARCH 8, 2024

Strategies for lead time reduction may include optimizing transportation routes, improving communication with suppliers, and investing in technologies that expedite order processing. Key metrics to monitor include: Inventory Value: Measure the total value of inventory to ensure optimal investment.

Inventory Reduction 83

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 83

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. They also are clear that the supply chain is defined outside-in based on the channel requirements and the underlying rhythms and cycles of fulfillment, manufacturing and procurement. Metrics Alignment. They lack cohesion.

Supply Chain Planning Software 277

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 277

GlobalTranz

OCTOBER 15, 2015

As a sourcing or procurement manager, you may think there’s nothing new about supplier collaboration. Your chief procurement officer (CPO) most likely disagrees. The need for supplier collaboration in procurement is greater than ever. Forward-thinking CPOs acknowledge the benefit of supplier partnerships.

Optimal Sourcing 120

Optimal Sourcing Modeling Agile and Lean Supply Chain Optimization Modeling 120

GlobalTranz

SEPTEMBER 28, 2016

It is important to know the difference to manage your resources. 5) Ongoing Assessment of Key Supplier Site Metrics to Ensure Business Continuity with Companies' Requirement and Proactively Identify Potential Risk Factors. Every business has their set of metric which they want to focus on. How to Track Performance. About Author.

Supply Chain Planning Software 120

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 120

Talking Logistics

JUNE 2, 2016

This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself. This begets the need to set the overall strategy for the divestment by way of an exercise, called “capability scoping.”

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

Enterra Insights

JULY 27, 2021

Circularity does this as well but focuses on the resource cycle and waste specifically.”[2] Simulate the CO 2 footprint of the plan through procurement, production, and transport. Sustainability refers to safer, greener, more responsible operations as they relate to people, the planet, and profits (i.e.,

Supply Chain Design Software 100

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

ThroughPut

OCTOBER 20, 2022

Organizations can rapidly identify distribution routes that do not meet OTIF metrics, are congested, or are simply unprofitable – not only at the supplier level but also at the product and store level. to guide appropriate regional capacity requirements for both individual location and point-to-point requirements. PR Contact. Tina Jacobs.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Optimization 52

ThroughPut

OCTOBER 22, 2021

Supply Variability: Supply variability can occur at the procurement level as well as in-store inventory levels. When demands for goods escalate, insufficient resources for procuring components can lead to unmet consumer demand. Demand-driven Variability. Demand-driven variability impacts every level of the supply chain.

Inventory Reduction 52

Inventory Reduction Expense Reduction Resource Reduction Cost Reduction Strategies 52

20Cube Logistics

FEBRUARY 17, 2022

All this results in a tremendous loss of effort, time, and resources to ensure that the various interlinked processes go smoothly. This involves procuring details of shipments at various times, and various legal requirements. This ultimately results in delays and wastage of resources that could have been well spent otherwise.

Freight 75

Freight Resource Reduction Cost Reduction Strategies Inventory Reduction 75

Talking Logistics

MARCH 2, 2016

Despite all the buzz about supply chain visibility software, it’s a worthless investment if companies don’t also invest the time, money, and resources to see and walk their supply chain, from start to finish, with their own eyes and feet. no metrics, operate in functional silos). poor training); and Process issues (e.g.,

North Korea 100

North Korea Supply Chain Visibility Logistics Network Optimization Software Supply Chain Software 100

GlobalTranz

MARCH 23, 2016

First and foremost, look to your people, the best resource you have. These metrics would, of course, be aligned and are updated every hour. The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120