Veridian Solutions

SEPTEMBER 24, 2018

Supply chain management is filled with risks, and Warehouse Managers need to start thinking about WMS cybersecurity during implementation, explains Cerasis, processes too. Warehouse Managers that take the time to consider cybersecurity during new system implementations can ensure the best possible outcomes.

Security 45

Security Warehousing Vendor Strategies Supply Chain Planning Software 45

SYSPRO Smarter ERP

APRIL 11, 2022

CFOs have traditionally been viewed as back office number crunchers and financial risk managers. Data enabled by an ERP system also gives the CFO information related to financial, technology and market analysis so they can drive digital transformation initiatives and assess digitization opportunity and risk.

Manufacturing Procurement 105

Manufacturing Procurement Distribution Supply Chain Design Software Manufacturing 105

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. This reduces the risk of overstocking or stockouts, ensuring inventory is managed with unprecedented accuracy and efficiency.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Shaman

OCTOBER 29, 2020

Yet, only 20% of companies actively manage supplier development programs to get cash to suppliers in need. Cash-to-Cash Metrics. Management of the cash-to-cash cycle is critical to maintaining working capital. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

SCMDOJO

JULY 24, 2023

Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

HICX Solutions

FEBRUARY 15, 2024

Organizations will need to consider and invest in customer experience metrics and data analytics to understand better what their customers want and enhance the supply chain’s ability to understand this. Organizations must understand their suppliers’ previous performance and the risks they pose to the supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 52

Unleashed

DECEMBER 21, 2023

Managing inventory effectively during peak seasons and avoiding excess stock during off-peak times requires a careful balance. Inventory discrepancies and obsolete stock Inventory shrinkage (caused by theft, damage, or other forms of loss) requires careful risk management.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Supply Chain Matters

AUGUST 8, 2022

Interestingly, the downshifts we observed in transportation metrics were much more muted in the last week of July, leaving open a possibility for a bit of recovery as we move towards peak season. Warehousing and Inventory metrics continue to buoy the logistics sector.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

ThroughPut

FEBRUARY 23, 2024

Your sourcing department can save valuable time because AI tools analyze suppliers with the aid of relevant data points and metrics and match them with the contract opportunities available. Warehouse staff can stay on top of their replenishment orders to minimize gaps in the supply chain. for smooth product movement across the line.

Predictive Analytics Software 59

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

SCMDOJO

JUNE 6, 2023

Continuous Improvement & Risk Management Analytics helps make continuous improvement easier by providing businesses with data-driven insights. By analyzing supply chain data, businesses can detect anomalies, potential risks, and deviations from their standard operating procedures. Download from the below link.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

QAD

MAY 16, 2019

MMOG/LE is used by automotive customers to select and evaluate production and parts, service and warehousing processes. The assessment also establishes a common definition of supply chain management processes to help organizations: Determine the robustness of existing internal processes.

Supply Chain Planning Software 101

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 101

Resilinc

NOVEMBER 14, 2023

Just crossing your fingers and hoping for the best is never a good risk management mitigation solution; but unfortunately, that’s what some companies are doing because they don’t have the resources. However, if you don’t include risk in your decision-making, then you will end up with higher-risk suppliers and products.

Supply Chain Strategy 58

Supply Chain Strategy Sourcing Strategies Manufacturing Procurement Supply Chain Software 58

Supply Chain Shaman

MAY 1, 2014

Yet, the attendees wanted to discuss Lean warehousing. With the shift of inventory back in the supply chain, there is a lot of discussion on Vendor Managed Inventory (VMI). In this survey we find out some benchmark metrics on the number of demand planners per item, and the rate of adoption of demand and supply chain planning systems.

Supply Chain Planning Software 289

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 289

Supply Chain Shaman

MAY 13, 2015

So when the warehouse team threatened to unionize, I transferred into a distribution, warehouse environment. I knew nothing about the world of logistics, inventory management and order optimization. Warehouse Management and Transportation Management were in their infancy. The year was 1985.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Veridian Solutions

OCTOBER 11, 2018

Warehouse managers must understand how to write a successful business case for a WMS focusing on all opportunities for return on investment , maintaining a stringent structure, and a few tips for streamlining the process. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Download WhitePaper.

Resource Reduction 53

Resource Reduction Cost Reduction Strategies Inventory Reduction Supply Chain Planning Software 53

Kinaxis

APRIL 10, 2015

Prioritized action lists based on impact to your customers or whatever key metrics drive your business can ensure that planners are working on what matters. Best practices Supply chain management Supply chain risk management Risk management Supply chain Supply chain analytics Supply Chain Response Management'

Supply Chain Performance 100

Supply Chain Performance Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 100

RFgen

FEBRUARY 15, 2023

Risk management: Identifying and mitigating risks in the continuous flow of goods and services. WATCH NOW: Learn the 3 hidden costs of manual warehouse processes » Consider bringing in outside help But conducting this type of assessment is very difficult to do internally.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

GlobalTranz

MAY 24, 2016

The Ideal TMS Helps Complete Warehouse Management. A poorly functioning warehouse is tantamount to a poorly functioning supply chain. The ideal TMS can maximize the efficiency of a warehouse and directly affect inventory management. Mobile Access to KPIs and Metrics.

Purchasing Training 137

Purchasing Training Negotiating Skills Supply Chain Design Software Forecasting Software 137

Veridian Solutions

NOVEMBER 19, 2018

A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Better risk management strategies. Improved inventory management, reducing instances of overstocking and under stocking. needs warehouses to abandon their legacy systems and move into the digital age with integrated, comprehensive platforms.

Omnichannel 65

Omnichannel Vendor Strategies Resource Reduction Modeling Software 65

American Global Logistics

MARCH 22, 2023

They can influence performance measures, financial metrics, and customer service. BI and DA also support improved supply chain risk management (SCRM). The same applies to warehousing, where robots perform mundane stocking and retrieval functions. And the better use of data leads to better decisions.

Supply Chain Software 52

Supply Chain Software Supply Chain Technology Logistics Network Optimization Software Analytics Software 52

American Global Logistics

MARCH 22, 2023

They can influence performance measures, financial metrics, and customer service. BI and DA also support improved supply chain risk management (SCRM). The same applies to warehousing, where robots perform mundane stocking and retrieval functions. And the better use of data leads to better decisions.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Supply Chain Technology Analytics Software 52

Unleashed

MARCH 9, 2021

Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. This is often managed with the help of supplier management software or inventory management software. That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Supply Chain Opz

JUNE 1, 2014

This section will cover JIT and outsourcing by Apple Inc, Supply Chain Risk Management by Cisco System, Technology Roadmap by Intel, Supply Chain Network Model by HP, Mass Customization by Dell and Quality Management by Sam Sung. Another 80% of orders are handled by both warehouse and cross dock system.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Unleashed

MARCH 23, 2021

Inventory management is about a lot more than just keeping a tidy warehouse. Materials managers are also responsible for the maintenance of good storage records, as well as control of the facility itself. Demand and risk management. Finally, there’s the more strategic components of demand and risk management.

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

Supply Chain Matters

AUGUST 18, 2022

It is providing needed context such as customer orders that can be impacted, the implications of a material or shipment delay, the planning of daily operational workforce and equipment needs in a facility capacity context, along with identifying alternative actions and their cost implications to business metrics.

Supply Chain Planning Software 52

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

QAD

SEPTEMBER 22, 2021

This type of software is used by businesses to plan and oversee routine operations, such as supply chain management, manufacturing, services, project management, customer relationship management, risk management, compliance, accounting and procurement.

Case Study 52

Case Study Study Optimal Sourcing Supply Chain Planning Software 52

Unleashed

JULY 23, 2020

And especially not “ What I really like is when the boss asks for whole new inventory metrics at short notice… ”. What we’re getting at here is that inventory reporting – digging into the details of how your business makes, manages and moves its stock and products – is a necessary evil. Greater warehouse and staffing costs.

Inventory Reduction 64

Inventory Reduction Report Inventory Metrics 64

The Logistics of Logistics

JUNE 7, 2019

Asset based 3PLs own physical assets like trucks, planes, warehouses, etc. The most important measure is the Paydex metric. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc. Risk Management. A focus on risk mitigation is key. Metrics / Key Performance Indicators (KPI).

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

QAD

OCTOBER 4, 2023

For instance, the data gathered may summarize inventory turnover rate, warehouse receiving and turnaround times, order accuracy rates, transportation and shipment data, fulfillment costs, and more. Supply chain analysts absorb as much data as a company can offer and even recommend areas where they should collect more data.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

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

DECEMBER 11, 2023

Improved Supplier Relationships: Procurement reports enable organizations to evaluate and manage relationships with suppliers more effectively. By assessing supplier performance metrics, such as on-time delivery, quality, and responsiveness, companies can identify high-performing partners and address issues with underperforming ones.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Unleashed

MARCH 16, 2021

Managing storage facilities and warehouse operations. And aside from the glaring — that it is beginning to dominate your working hours – there are eight other reasons that might signal it’s time to establish an assigned purchasing manager. Develop a risk management strategy. Coordinating deliveries.

Purchasing Skills 59

Purchasing Skills Manufacturing Procurement Procurement Solutions Procurement Analytics 59

ToolsGroup

APRIL 1, 2022

95% of supply chain executives report having a formal supply-chain risk-management process following Covid-19. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Wall Street Journal ). McKinsey ). RetailNext, 2020). Deloitte ). Brookings).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

The Lean Supply Chain

APRIL 24, 2015

A Third Party Logistics (3PL) provider and the Supply Chain: 3PL warehouses, fulfills, and distributes wine to the ultimate customer, sometimes called “white glove, last mile.”. A Fourth Party Logistics (4PL) provider and the Supply Chain; manages the entire supply chain from the Supplier to the ultimate customer.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Lean Six Sigma Supply Chain Software 40

Supply Chain Shaman

APRIL 7, 2016

4) Supplier Risk Management. Include the supplier’s warehouse and manufacturing locations. When you do risk mitigation drills—simulation of potential natural disasters—build processes to sense supplier risk and plans to act. How can you develop sensing to support their processes?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

NC State SCRC

DECEMBER 8, 2019

This included: Developing playbooks and contingency plans to address your most pressing risks. Evaluate structural changes in your supply base that could reduce risk exposure. Go digital: Explore the potential of dedicated supply chain risk management solutions. I told him I needed it NOW, not in a week.

Supply Chain Design Software 52

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

Logistics Bureau

OCTOBER 26, 2020

The risk management process as well as code of conduct surveys can be automated, while a supply chain information management system will allow suppliers to be screened for risk. For example, perhaps you have an idea that consumption of fresh water can be reduced in your warehouses or distribution centers.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 84