Pivot88

NOVEMBER 23, 2020

5 key trends have emerged over the past years, with many of them having accelerated during 2020 because of the COVID crisis. This trend continued in 2020 and is not likely to stop. After all, supply chain experts are rarely trained to be data experts as well.

Supply Chain Planning Software 52

Supply Chain Planning Software Demand Planning Software Supply Chain Software Gartner 52

Pivot88

NOVEMBER 23, 2020

5 key trends have emerged over the past years, with many of them having accelerated during 2020 because of the COVID crisis. This trend continued in 2020 and is not likely to stop. After all, supply chain experts are rarely trained to be data experts as well.

Supply Chain Planning Software 52

Supply Chain Planning Software Demand Planning Software Supply Chain Software Gartner 52

Supply Chain Shaman

SEPTEMBER 4, 2017

We loaded 493 financial metrics from balance sheets and income statements for each company into the data lake for the period of 2004-2016 using YCharts data. In addition, we enriched the data lake with 20 market indexes on cost, growth and market trends. Correlations Between Survey Factors and Financial Metrics. Shifting Trends.

Supply Chain Planning Software 169

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Supply Chain Software 169

GlobalTranz

FEBRUARY 2, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Train Staff Throughout the Process. A switch in the human brain does not exist to simply make it happen; people need training, and lots of it. Develop Metrics to Track the Effectiveness and Efficiency of the Omnichannel Strategy.

Omnichannel 169

Omnichannel Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 169

Logility

MAY 5, 2020

Our biggest headaches were very basic – we couldn’t easily switch between metric and imperial measures, and currency conversions were a nightmare. We can train new users in less than 15 minutes. Logility lets him keep current with trends and patterns that were almost impossible to perceive before we started using this solution.”.

Supply Chain Planning Software 150

Supply Chain Planning Software Logility Supply Chain Optimization Supply Chain Software 150

QAD

APRIL 13, 2023

For example, rather than hiring someone with the required skill set, many companies are investing in training and development programs to upskill their workforce, and ensure that their employees are equipped with the skills needed to succeed in their role.

Pharmaceutical 94

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 94

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

Supply Chain Shaman

DECEMBER 15, 2015

To help, in this blog post I share industry trends. For each metric we show the averages and the percent change from the beginning and end of the period. Metric Performance for Discrete Industries. Tonight I am writing the Supply Chain Metrics That Matter report on the High-Tech Industry, and the Research in Review for 2015.

Industrial 150

Industrial Industry Inventory Reduction Metrics 150

Elementum

FEBRUARY 7, 2024

By analyzing customer data, AI identifies trends and behaviors, enabling targeted engagement strategies that improve retention and lifetime value. Measuring Automation Success Evaluating the effectiveness of business process automation through AI requires a focus on specific metrics and their influence on organizational goals.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Precoro

JULY 16, 2023

These goals can be expressed as key performance indicators (KPIs) – relevant functional metrics that can be tracked regularly to make sure that the business makes purchases in an efficient way. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Supply Chain Shaman

DECEMBER 15, 2015

To help, in this blog post, I share industry trends. For each metric was show the averages and the percent change from the beginning and end of the period. Table 1: Metric Performance for Discrete Industries. Metrics cannot be managed in isolation and realistic targets drive career success. Revenue-per-Employee.

Industrial 150

Industrial Industry Inventory Reduction Metrics 150

Supply Chain Shaman

MARCH 6, 2015

So, while I have not heard the responses from the voices on the phone responding to the results from the survey about centers of excellence (I love connecting with supply chain leaders on these types of trends), nor having finished the quantitative research, here are some trends that I am expecting. Metrics Matter.

Supply Chain Design Software 150

Supply Chain Design Software Network Design Software Inventory Reduction Supply Chain Design 150

Supply Chain Shaman

MARCH 6, 2015

So, while I have not heard the responses from the voices on the phone responding to the results from the survey about centers of excellence (I love connecting with supply chain leaders on these types of trends), nor having finished the quantitative research, here are some trends that I am expecting. Metrics Matter.

Supply Chain Design Software 150

Supply Chain Design Software Network Design Software Inventory Reduction Supply Chain Design 150

RFgen

APRIL 18, 2023

To minimize misships, businesses must implement best practices that focus on optimization, technology, and employee training, ensuring accurate shipments every time. Train Employees on Best Practices Technology can only do so much to prevent misships. Workers also need training or the occasional refresher to keep misships to a minimum.

Optimization Software 52

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

Supply Chain Shaman

MARCH 28, 2016

The first step in the journey is to analyze balance sheet results and understand industry trends. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. A Look at History.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

GlobalTranz

MAY 18, 2018

Identify Market Trends Omni-channel supply chains are built on having multiple touchpoints per order, ranging from online to brick-and-mortar sales. Moreover, third parties can define market trends with greater precision and accuracy than companies that are just starting down the path toward omnichannel sales. Download white paper.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 138

The Logistics of Logistics

FEBRUARY 15, 2013

After the sale, during the onboarding and implementation phase, a top 3PL will do the following: train client personnel, sell stakeholders on the value, share status reports and resolve implementation problems. White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation.

KPI 189

KPI Logistics Network Optimization Software 3PL Continuous Improvement 189

GlobalTranz

SEPTEMBER 23, 2021

The forthcoming infrastructure bill may contain funds to help assist shipper needs, such as grants to increase the number of driver training facilities and kickbacks to carriers that implement added safety measures. Download the White Paper: Over the Road Freight Management Trends. transportation metrics ?that Focusing on the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Shaman

MAY 29, 2014

As a result, the metrics have to be viewed together as a pattern over time. In the journey, the supply chain leader needs to improve the potential of a portfolio of metrics. The metrics of growth, Return on Invested Capital, Inventory Turns and Operating Margin have the highest correlation to market capitalization.

Gartner 301

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 301

QAD

APRIL 25, 2019

Using Metrics to Measure Quality. Many organizational training programs are expensive yet ineffective because they don’t include mechanisms for tracking training compliance or ensuring that employees receive the proper process and safety training before assigning them to jobs. Never skimp on training.

Metrics 94

Metrics Quality Expense Reduction Cost Reduction Strategies 94

Unleashed

OCTOBER 31, 2023

But unlike workforce management, workforce optimisation also monitors your employee’s quality and performance to reveal if further training or upskilling is required. Develop strategies to fill identified gaps and inefficiencies in employee skills through training, upskilling, cross-training, and other tactics to optimise your workforce.

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

ThroughPut

MARCH 27, 2024

While on one hand, predictive analytics analyzes historical data and market trends for accurate demand forecasting, on the other, customers are being offered personalized experiences based on their preferences, purchase history and behavior. How is AI Revolutionizing Retail Supply Chains? Another way of ensuring greater customer satisfaction!

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

OptiProERP

APRIL 9, 2024

Document processes and provide training to employees to ensure compliance and proficiency. Use dashboard reporting and analytics tools to track performance metrics in real-time and identify areas for improvement. Below are some best practices to follow.

Optimal Sourcing 52

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

The Logistics & Supply Chain Management Society

MAY 28, 2022

And what are the key industry trends and innovations? By seeking advice and help from supply chain management experts such as E2open , organisations can better understand which data, metrics and KPIs best reflect their objectives, transform and consolidate their processes, and adopt centralised governance and best practice operational models.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

QAD

JUNE 20, 2023

Operations and manufacturing managers always look at metrics on productivity, schedule adherence, downtime and other critical production data. They can collect data on production processes, inventory levels, machine performance and other relevant metrics.

Optimal Sourcing 90

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 90

Precoro

DECEMBER 11, 2023

It prioritizes not just the lowest purchase price, but the lowest total cost of ownership — meaning the total cost of a product or a service during its lifecycle, including purchase, maintenance, repair, staff training, support, security, and other costs. Sourcing strategy Next, the sourcing team creates an actual sourcing strategy.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

SYSPRO Smarter ERP

OCTOBER 18, 2022

This seems to be the first trend that everyone picks up. In the metal fabrication market, “reshoring” refers to the trend of outsourced jobs and industries returning to the place from which they originated. The resulting trend of reshoring has emerged in part as an antidote to these issues. Automation for metal fabrication.

Trends 98

Trends Industrial Industry Cost Reduction Strategies 98

Supply Chain Shaman

AUGUST 5, 2015

This analysis helps us to see the trends It is a study of year-over-year progress. Overall Results on the Supply Chain Metrics That Matter. Consumer products companies experienced slow growth while the food and beverage leaders faced declining–often sharp–market trends. It is a strong downward trend.

Agile and Lean Supply Chain 150

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain 150

ToolsGroup

APRIL 25, 2019

Without baseline metrics on what you want to improve on and why, how can you be confident your strategy is working? And because machine learning systems get smarter over time, having a consistent method of measurement is even more important to ensure you can accurately track how outcomes and ROI are improving against established metrics.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

Supply Chain Shaman

FEBRUARY 5, 2020

As I track the process evolution through research, I find that every three years there was a trend introduced that moved us backward, not forward. Training and Skill Dilution from the Initial Implementation. Why is progress in S&OP slip slidin’ away? My conclusion? We are chasing fads and missing the basics. Strategy Alignment.

S&OP 316

S&OP Supply and Demand Forecasting Supply Chain Planning Software 316

Resilinc

NOVEMBER 14, 2022

While some of the increase was due to growth in our customer base and the number of suppliers monitored (more factories = more potential for factory fires) the trend line was rising at a much faster clip than business metrics would account for. Component shortages and extreme heat also played a role.

Study 62

Study Buyer Training Japan Supply Chain Risk Management 62

Supply Chain Game Changer

OCTOBER 18, 2022

This includes looking at data and metrics. You must be able to see between the lines and behind the numbers, on the lookout for troublesome trends or incongruities. Your skills must be trained and developed so acutely that you can see many moves ahead, just like in a chess game. It gives you an incredible edge.

Supply and Demand 123

Supply and Demand Supply Chain Planning Software Supply Chain Planning Buyer Training 123

GlobalTranz

AUGUST 31, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Use metrics and Big Data analytics for performance measurement and improvement, explains Inbound Logistics. Automate, and train staff on how to interact with new systems. GET YOUR COPY HERE. Download White Paper.

Supply Chain Design Software 121

Supply Chain Design Software Warehousing Analytics Software Optimization Software 121

Elementum

DECEMBER 14, 2023

The latest trends in workflow automation highlight the importance of BPA in today’s competitive business landscape. Metrics to Measure Success Once automation has been implemented, it’s crucial to track its success through Key Performance Indicators (KPIs) and other metrics.

Supply Chain Software 78

Supply Chain Software Optimization Software Resource Reduction Supply Chain Planning Software 78

Supply Chain Game Changer

NOVEMBER 9, 2022

Teaching and training employees. Follow-up : Instead of taking the backseat, you should have metrics that help you tell the performance of your consultant. You Need To Keep Up With Emerging Trends. A knowledgeable consultant is aware of the emerging trends in your industry. Brainstorming ideas and strategies.

Resource Reduction 86

Resource Reduction Expense Reduction Price Mitigation Strategies Supply Chain Strategy 86

Arena Solutions

OCTOBER 12, 2023

Leveraging internal audits to align quality management with key business metrics When asked what are the benefits of conducting an internal audit? Christine said, “I have used internal audits as the baseline to improve our overall business metrics. Christine, what’s the first thing a team should do?

Quality 88

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 88

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

With its nearly 80 percent emissions reductions on a lifecycle basis compared to conventional jet fuel, this is enough SAF to eliminate approximately 31,000 metric tons of greenhouse gas emissions, or enough to fly passengers more than 200 million miles. Trends, Technology and Sustainability in Focus at LogiSYM MENA 2021.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242