Supply Chain Matters

OCTOBER 12, 2022

On the other hand, transportation metrics continue their slowed pace, reaching the second highest level of capacity growth, and the third fastest rate of price contraction in the history of the index. Interestingly, Transportation Utilization is the outlier here, as both utilization metrics in the index were up significantly in September. ”.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Precoro

SEPTEMBER 2, 2022

However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. It pays off to develop a procurement strategy, hire a team of professionals, and acquire necessary technologies early on. Being prepared allows for efficient and timely execution of procurement functions.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success. What does a procurement manager do?

Procurement Solutions 52

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Logistics Viewpoints

OCTOBER 12, 2023

The same “If” statement was repeated for a host of financial and operational metrics. The following will delve into some of the intricate farm-to-table challenges that supply chains face across sourcing, demand planning, procurement and inventory management, transportation, and warehousing.

Supply Chain Design Software 228

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Unleashed

JULY 23, 2023

KPIs in manufacturing are quantifiable production metrics used by manufacturers to measure production performance over time. As a metric, it’s the time you budget to manufacture each part or component. This metric represents the amount of time you lose when switching a production line from one product to another.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

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

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ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

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. You’ll also learn about supply chain management and the various stages of the procurement process.

Supply Chain Design Software 114

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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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GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . transportation metrics ?that continued growth and success.

Prescriptive Analytics Software 308

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Logistics Viewpoints

MARCH 31, 2022

For logistics teams seeking to manage volatility and deliver more predictable, profitable results, five advanced technologies should be in their toolkits: digital control towers, warehouse task automation, warehouse robotics, dynamic price discovery and digital freight bidding. Warehouse Task Automation. Warehouse Robotics.

Logistics Network Optimization Software 206

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Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. The gap between logistics and procurement; and logistics and customer service increases process latency. A stuffed warehouse is inefficient, and most companies have the wrong inventories.). Closed Loop.

Supply Chain Planning Software 217

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SCMDOJO

JUNE 6, 2023

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. One such tool is the Logistics KPI Dashboard Excel Template, which provides data on key metrics and helps identify areas for improvement.

Supply Chain Planning Software 92

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6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

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Supply Chain Shaman

MARCH 21, 2024

The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. Lack of aligned metrics. Each morning, an administrative assistant met with a cup of coffee.

Inventory Reduction 389

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Logility

AUGUST 25, 2020

Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. While Key Performance Indicators (KPIs) may be reviewed quarterly or monthly, the speed with which supply chain operations occur makes a daily view of more tactical and operational metrics a growing necessity.

Supply Chain Planning Software 173

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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

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

ShipBob

APRIL 15, 2024

That’s why you need to closely measure metrics such as gross margin return on investment (GMROI). This metric doesn’t just account for the cost of buying inventory. These two metrics can be calculated using their respective formulae. ShipBob provides a lot of distribution metrics, and everything presented is useful.”

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

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

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BlueYonder

FEBRUARY 19, 2024

Insights into sales trends and forecasts synchronize the supply chain, optimizing procurement and enhancing overall efficiency. Sustainability, Waste Reduction and Eco-Efficiency Metrics Shift focus to sustainability by monitoring and improving waste reduction and eco-efficiency metrics.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Waste Reduction Inventory Reduction 52

HICX Solutions

OCTOBER 13, 2020

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. The difference between failure and success. So we get this cycle of data, information, knowledge and wisdom.”.

Manufacturing Procurement 52

Manufacturing Procurement Data Procurement Supply Chain Software 52

GlobalTranz

MAY 12, 2017

It involves procuring the goods, storage facilities, and delivery of products to the exact location. Procurement of the goods at the warehouse, and lastly, Delivery of the goods at the destination. Whether it’s the delivery guy or the warehouse manager, everyone should be perfect in their respective field of work.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Optimal Sourcing Network Optimization Software Supply Chain Planning Software 197

Unleashed

JANUARY 16, 2024

Landed cost is a crucial metric for understanding profitability at the product level. It includes any raw materials, freight, customs duties, insurance, warehousing, and related fees and overheads. The landed cost metric is helpful for businesses because it produces an accurate picture of a product’s total cost.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

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 81

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 81

Silvon Software

APRIL 1, 2024

The analytics help to improve a business process by analyzing a predetermined set of metrics relevant to the process and providing historical context of the data. Procurement Purchase Order Cycle Time – The average time taken from the creation of a purchase order until its fulfillment.

Procurement Analytics 58

Procurement Analytics Analytics Software Predictive Analytics Analytics 58

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. million gallons of SAF this year.

Resource Reduction 242

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ModusLink Corporation

SEPTEMBER 7, 2023

Beyond physical control, inventory management provides essential data and insights that enable informed decision-making in areas such as procurement and stock replenishment. Continuous Improvement and Performance Metrics: Large tech companies benefit from continuous improvement initiatives driven by performance metrics.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Beyond physical control, inventory management provides essential data and insights that enable informed decision-making in areas such as procurement and stock replenishment. Continuous Improvement and Performance Metrics: Large tech companies benefit from continuous improvement initiatives driven by performance metrics.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Beyond physical control, inventory management provides essential data and insights that enable informed decision-making in areas such as procurement and stock replenishment. Continuous Improvement and Performance Metrics: Large tech companies benefit from continuous improvement initiatives driven by performance metrics.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

Veridian Solutions

NOVEMBER 11, 2019

As explained by Supply Chain 24/7 , digitalization of the logistics industry, including warehousing, continues to drive the market. So, warehouse leaders must consider two sides of the first touchpoint—the stage of picking the item and the actual inbound logistics of how it arrived in the warehouse or distribution center.

Warehousing 45

Warehousing Supply Chain Planning Software Vendor Strategies Optimal Sourcing 45

Logistics Viewpoints

OCTOBER 5, 2021

We watched as customers adopted new warehousing and transportation processes, new delivery modes, new technology tools and even entirely new network models that helped them succeed in the constantly changing “next normal” state that characterized 2020 and 2021.

Logistics Network Optimization Software 210

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Logistics Viewpoints

JULY 18, 2022

In the annual report where they report on their key performance indicators (KPIs), they don’t just report on core financial metrics and the NPS, they also have people metrics. The company also does internal climate scores of employees at corporate, the branches, and the warehouses. 56% of employees surveyed were engaged.

Supply Chain Design Software 220

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 220

Unleashed

JANUARY 16, 2023

Warehousing costs are rising. 3PL warehouses, however, often have higher order values through their retail partners which justifies the price. You can also relax when it’s time to scale, as you won’t be stuck with the lease for a warehouse that’s no longer big enough. The items are delivered to a 3PL warehouse.

Third Party Logistics 98

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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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Silvon Software

APRIL 29, 2022

Key performance indicators (KPIs) in inventory management are metrics that help you monitor and make decisions about your stock. The Stratum data hub collects, organizes and stores data from multiple sources and serves as a single version of the truth for helping our clients analyze performance KPIs and metrics across their businesses.

Optimal Sourcing 106

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 106

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

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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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