Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

BR Williams Supply Chain Management

MARCH 31, 2022

Reduce Supply Chain Costs. With warehouse management systems in the supply chain, businesses go from struggling with consumer demands and hidden bottlenecks to flourishing in sales and expanding with new business strategies. Save money. Meet buyer demands. Grow your business. Sure, those all sound great.

Cost Reduction Strategies 98

Cost Reduction Strategies Supply Chain Planning Software Material Savings Waste Reduction 98

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. Analyze performance metrics and implement improvements to enhance efficiency.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Unleashed

APRIL 11, 2024

The Guardian reports that the Victoria Unboxed project will hope to eliminate invisible waste from supply chains by replacing cardboard produce boxes with reusable plastic crates. That’s why AOV is an essential metric to improve. Consider offering volume discounts and free shipping incentives to lift AOV.

Waste Reduction 52

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 52

Unleashed

JANUARY 14, 2024

We’ll look at modern manufacturing inventory methods, useful strategies, and manufacturing inventory management best practices. The goal of manufacturing inventory management is to balance the supply and demand of products and minimise manufacturing costs and waste.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Shipping items back and forth creates needless greenhouse gas emissions, and only 54% of all packaging gets recycled.

Supply Chain Planning Software 193

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

Unleashed

JANUARY 29, 2024

It involves the identification and elimination of low-performing or unprofitable products and the prioritisation of those that generate the most value for your customers and the greatest revenue for the business. Reduced storage and supplier costs. SKU rationalisation is the process of analysing and your product portfolio.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Supply Chain Game Changer

OCTOBER 8, 2019

Most definitions of disintermediation characterize it as the elimination of intermediaries, or “ cutting out the middleman “ Further consider that the “Wastes” associated with Lean thinking and principles include transportation, inventory, over production and motion amongst others. Why is this relevant?

Waste Reduction 63

Waste Reduction Inventory Reduction Resource Reduction Price Reduction 63

Intelligent Audit

OCTOBER 12, 2022

It’s a common goal for people and industries worldwide to work together to reduce our collective carbon footprint and counteract climate change. The shipping industry plays a significant part in this equation, as carbon emissions from shipping make up a substantial portion of the problem.

Waste Reduction 52

Waste Reduction Resource Reduction Price Reduction Cost Reduction Strategies 52

QAD

MARCH 28, 2019

Inventory accuracy and minimizing stockouts are very important to customer satisfaction, but a few other metrics also impact the ability to meet customer expectations. This measures the number of orders or order lines shipped on time and without backorders or shortages. DIFOT (Delivery in Full by Line and/or Order).

Customer Service 80

Customer Service Metrics Forecasting Forecasting Software 80

RFgen

APRIL 18, 2023

Shipping accuracy is an important aspect of any business that relies on delivering products to customers. Your ability to ship accurate orders to the right destination directly impacts profitability. Misships, or incorrectly shipped items, can lead to customer dissatisfaction, increased costs, and damage to your brand.

Optimization Software 52

Optimization Software Supply Chain Planning Software Inventory Management Software Supply Chain Software 52

Cognira

DECEMBER 20, 2022

Throughout this blog, discover what green retailing is, why retailers should adopt this strategy, and the positive impact advanced technology can have on sustainable strategies. For example, this could involve selling and utilizing green products, or reducing paper and plastic wastage at checkout. Dispose of waste properly.

Waste Reduction 52

Waste Reduction Inventory Reduction Expense Reduction Material Savings 52

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%. The problem space has gotten harder, not easier.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

Supply Chain Game Changer

NOVEMBER 3, 2022

This tool allows you to exchange electronic documents like orders, invoices, and shipping notices via an electronic data network (EDN). As a result, you can eliminate paper-based processes and reduce errors due to manual data entry. As a result, you can avoid product spoilage and not waste company resources.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

EC Sourcing Group

SEPTEMBER 6, 2022

A green supply chain reduces the harm that may occur at any stage of the procurement cycle—production, purchasing, logistics, material management, or distribution. It also contributes to reducing a company’s carbon footprint, which makes it more attractive to consumers. Key questions to ask include: How much waste am I producing?

Material Savings 52

Material Savings Waste Reduction Supply Chain Software Vendor Strategies 52

Silvon Software

MARCH 3, 2023

Having a strong Sales & Operations Planning (S&OP) strategy ensures that your forecasts, raw materials availability and production capacity all match up and that the factory floor can meet its defined deadlines. But simply putting an S&OP strategy in place isn’t enough. logistics firms). Delivery date.

S&OP 102

S&OP Procurement Analytics Supply and Demand Analytics Software 102

Unleashed

JANUARY 3, 2023

Learn more: Common Cash Flow Problems & How to Solve Them How to improve cash flow in a manufacturing business: 7 strategies for healthier financials Improving cash flow is a crucial part of finding success as a manufacturer. That’s why it’s essential to reduce the opportunity for delays and avoid giving credit to untrustworthy customers.

Manufacturing Procurement 96

Manufacturing Procurement Material Savings Expense Reduction Inventory Reduction 96

ToolsGroup

DECEMBER 16, 2021

Fulfilling customer orders in the most optimal way possible for both the customer and retailer, keeping costs low while still meeting customer expectations for speed and quality of service.This may include in-store or curbside pickup of online orders (also called click-and-collect, or BOPIS) or shipping from stores. Retailers are losing $1.75

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

Supply Chain Shaman

MARCH 18, 2018

Financial Reengineering is the radical redesign of business processes and organizational structure in order to achieve significant improvements in performance, such as productivity, cost reduction, cycle time, and quality. The traditional supply chain leader focused only on cost reduction. Cash-to-cash is a compound metric.

Optimal Sourcing 169

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 169

AFFLINK

JUNE 14, 2016

Even more challenging is establishing goals and metrics for this ever-moving target. We've suggested four of the most valuable key performance indicators (KPIs) to determine whether or not your sustainable supply chain management strategy is meeting your intended outcomes. Supply Chain Waste. Stumped on exactly what to track?

Waste Reduction 48

Waste Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 48

Talking Logistics

AUGUST 13, 2018

The second question we get is what strategies can we implement to lower our transportation costs. One area that can quickly yield benefits is in parcel shipping. I asked Michael about the impact omnichannel fulfillment is having on transportation strategies. “A So, what can you do outside that cycle?”.

Negotiating Skills 103

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 103

Logility

AUGUST 25, 2020

Failed SCM implementation causes shipping errors. WMS failure causes Adidas to under ship by 20%. Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. Lean organizations focus on eliminating waste in their supply chain at every stage.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Unleashed

JUNE 7, 2023

In this guide, we define inventory optimisation and offer a few actionable tips and strategies for getting it right every time. If the popularity or usefulness of a product is beginning to decline, you’ll need to incorporate this into your inventory optimisation strategy. Without further ado, let’s dive right in.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Supply Chain Planning Software 52

Zipline Logistics

OCTOBER 27, 2020

Thus, reducing route miles and other inefficiencies that truck drivers commonly encounter. Misaligned production, warehousing, and transportation functions are also a large source of supply chain inefficiencies, and they can cost you in wasted resources, time, and money. That reduction is the equivalent of removing around 3.2

Vendor Strategies 52

Vendor Strategies Resource Reduction Waste Reduction Cost Reduction Strategies 52

ShipBob

DECEMBER 13, 2023

Reduced spoilage and obsolescence: Critical for perishable or trend-sensitive products. These metrics provide valuable insights into how well your inventory is managed. The good news is that these can oftentimes be mitigated with proactive solutions such as the right tools, partners, and strategies.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

crisp

OCTOBER 20, 2022

In this guide, we’ll show you what metrics those are, easy ways to find them, and how you can use them to accelerate your brand’s retail growth. Now that you know how to access your retail data easily and often, here are the metrics you’ll want to keep on hand: Velocity. Retail data: A brand’s greatest asset. What do voids refer to?

Procurement Analytics 98

Procurement Analytics Inventory Reduction Data Waste Reduction 98

Resilinc

JANUARY 3, 2022

Most corporations that seek to voluntarily reduce their greenhouse gas (GHG) emissions must dig deep into their supply chains to uncover and pursue opportunities to reduce the indirect GHGs emitted at every link. Known as Scope 3 GHGs, this includes raw materials extraction and processing to packaging and shipping.

Resource Reduction 62

Resource Reduction Material Savings Solomon Islands Waste Reduction 62

Supply Chain Shaman

OCTOBER 8, 2019

I find senior executives love to throw around superlatives like customer-centric, agile, efficient and responsive but lack the understanding of how the words translate to supply chain strategy in the real world. Managing a supply chain requires big feet—grounding in real-world experience—coupled with big wings—conceptualization of strategy.

Supply Chain Design Software 183

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

AB&R

MARCH 4, 2022

If not aligned with the changing needs of a growing business, picking, packing, and shipping can shrink its margins. In addition, with labor costs accounting for 50 to 70 percent of average warehouse budgets, wasted footsteps and employee errors cost money and reduce productivity.

Waste Reduction 52

Waste Reduction Inventory Reduction Warehousing Six Sigma 52

ShipBob

OCTOBER 1, 2021

This question is at the heart of any lean supply chain strategy. By implementing the right process improvements, technology, and efficiency optimizations, merchants can create a lean supply chain that: Significantly cuts their logistics costs. Reduce inventory waste. Speeds up order processing and fulfillment.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

ThroughPut

NOVEMBER 12, 2020

Whether manufacturers rely on ground, rail or sea to reach end-customers, the extent of disruption is unprecedented and this creates a need to rethink their warehouse fleet and carrier strategies. In the context of warehousing, the idea is to eliminate those wasteful processes that consume resources but may not add any additional value.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

crisp

DECEMBER 15, 2021

At last week’s Supply Chain Summit , I shared how brands can use data to drive sales growth, increase supply chain efficiency, and reduce waste. Step 1: Set the strategy. This is an inherent trade off, and therefore a decision to consider when you set your strategy. Is the warehouse shipping goods on time?

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

RFgen

MARCH 10, 2023

We will also explore the best practices for improving order picking speed and accuracy , as well as strategies for integrating these improvements. Be sure to measure current order picking metrics, such as: Picking accuracy Picking rate Fill rate On-time rate Travel time You may also need to evaluate other relevant inventory KPIs.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Inventory Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

NOVEMBER 2, 2022

This can help them reduce costs by eliminating waste or increase revenue by ensuring that each step in the process works together seamlessly. Resilience and risk management were clearly valued by automotive decision-makers when questioned about their supply chain strategy for the upcoming two years. Manufacturing.

Supply Chain Planning Software 96

Supply Chain Planning Software Risk Management Supply Chain Software Predictive Analytics Software 96

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. The cause of either a high or a low inventory turnover rate may also denote problems with your current sales and marketing strategy.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

SCMDOJO

JUNE 6, 2023

It helps reduce costs, increases efficiency, and can enhance customer satisfaction. This strategy reduces carrying costs, minimizes the risk of stockouts, and can improve cash flow— all thanks to data analytics. They can reduce delivery lead times, minimize transportation costs, and optimize transportation routes.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Logistics Viewpoints

OCTOBER 7, 2022

The company created Project Gigaton in 2017 to engage suppliers and other stakeholders up and down the supply chain to reduce carbon emissions. The goal is to reduce or avoid one billion metric tons (a gigaton) of greenhouse gasses from the global value chain by 2030. The nationwide vacancy rate for industrial real estate was 3.2

Logistics Network Optimization Software 185

Logistics Network Optimization Software Real Estate New York Logistics 185