The Network Effect

NOVEMBER 23, 2015

Aftermarket parts inventories must be made available at the right time in the right quantities in the right mix at the right location within a supply network in order to provide targeted levels of after-sales services at targeted cost levels while being able to guarantee the achievement of customer service metrics. Want to learn more?

Automotive 100

Automotive Supply Chain Network Software Logistics Network Optimization Software Inventory Management Software 100

Precoro

OCTOBER 10, 2022

Keep reading to learn in detail about the top 13 most crucial procurement metrics, how to track them, and what to focus on to drive the most value to your company. Inventory KPIs: Inventory Aging, Inventory Turnover Ratio. Inventory KPIs: Inventory Aging. What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Supply Chain Shaman

OCTOBER 22, 2015

The impact of complexity on inventory is not quick. To help, today I want to share some of the insights from our recent Inventory Optimization study. Inventory management is a hot issue. Companies invest in project after project, yet inventory levels remain the same. The Business Problem. The analogy is weight loss.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Inventory Supply Chain Planning Software 150

Supply Chain Game Changer

SEPTEMBER 21, 2021

Most of the pre-pandemic Inventory Management strategies were centred around improving inventory turnover, keeping inventory levels as low as possible, and reducing the amount of cash tied up in inventory. What should our post pandemic inventory priorities be? Pre Pandemic Inventory Management Priorities.

Inventory Reduction 52

Inventory Reduction Inventory Material Savings Modeling 52

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. As a result, supply chain leaders focus on unrealistic goals of inventory or costs, they will throw the system out of balance. Companies balance supply chain metrics better in good times than bad.

Inventory Reduction 157

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 157

Supply Chain Shaman

MARCH 28, 2016

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. In our analysis, only one out of ten companies successfully improves operating margins and inventory turns at the same time. We find that companies can improve one, but not two of the metrics.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

JULY 25, 2016

We determine which companies have driven higher levels of improvement (based on Supply Chain Index calculations) and shareholder value (as defined by Price to Tangible Book Value) while outperforming their peer group on growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The Results.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210

Supply Chain Game Changer

NOVEMBER 2, 2022

The software allows them to track shipments, monitor inventory levels, and understand where money is being spent. Retailers have been using supply chain risk management software for years to keep track of their inventory, but the technology is now being used in new ways to help them manage risk and stay competitive. Automotive.

Supply Chain Planning Software 96

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

QAD

OCTOBER 22, 2024

The automotive industry is grappling with many challenges as it transitions to electric vehicles (EVs), while simultaneously navigating volatile production schedules, tightening regulatory compliance, and placing rising pressures on supplier relationships.

Supply Chain Planning Software 52

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

BlueYonder

MAY 10, 2024

Environmental, Social, and Governance (ESG) regulations are driving sustainability investments with a focus on tracking, excess inventory and resource utilization. Rising operational costs (labor, materials, insurance and cybersecurity) continue to put more focus on overall supply chain costs and efficiencies.

Vendor Strategies 97

Vendor Strategies Material Savings Resource Reduction Price Reduction 97

RFgen

APRIL 20, 2023

OVERVIEW: Overview of Mobile Inventory Solutions What Problems Does Mobile Inventory Solve? With the growing reliance on digital technologies and reliable data, Oracle Fusion Cloud SCM has emerged as a powerful platform, enabling organizations to optimize their inventory control practices.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

DELMIA Quintiq

NOVEMBER 6, 2019

Supply chains have been optimized; warehouse inventory tracking has reached new levels of precision; production lines can operate with virtually no downtime. As the common linchpin that brings together all manufacturing activities, has this metric improved along with all the investment in new technologies? Validation by Case Study.

Supply Chain Design Software 235

Supply Chain Design Software Manufacturing Optimization Software Predictive Analytics Software 235

Supply Chain Shaman

JUNE 15, 2018

My caution is not so fast… 95% of companies are not making progress at the intersection of growth, operating margin, inventory turns and asset strategies. Figure 1: Supply Chain Metrics Are a Balancing Act. The metrics shown in Figure 1 are difficult to improve together. This is especially true for the Titans.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Download Silvon’s Definitive Guide to KPIs : Concepts, Best Practices & More.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Kinaxis

OCTOBER 17, 2014

Benji Green, director of global sales, operations and inventory planning, Avaya. Session Title: “Accelerating Vision to Value: Integrating Supply Chain Operations” Avaya has been on a 4 year transformation to create a Best In Class supply chain with industry leading On Time Ship, Inventory Turns, and Expense to Revenue ratio.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain San Diego 191

Enterra Insights

JUNE 24, 2022

Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.”

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

QAD

MAY 16, 2019

The Automotive Industry Action Group (AIAG) and Odette International are releasing the fifth version of the Materials Management Operations Guideline/Logistics Evaluation (MMOG/LE) assessment this summer. MMOG/LE is used by automotive customers to select and evaluate production and parts, service and warehousing processes.

Supply Chain Planning Software 111

Supply Chain Planning Software Inventory Reduction Automotive Material Savings 111

Supply Chain Matters

JULY 20, 2023

After reporting record Q2-2023 production out and vehicle deliveries earlier this month , Tesla r eported all-time high automotive sales and added profitability performance in the recent quarter. Financial Headlines Total Automotive Revenues in Q2 were up 46 percent to $21.2 This was the metric that many investors were focusing on.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Expense Reduction 52

Supply Chain Insights

JULY 26, 2016

We determine which companies have driven higher levels of improvement (based on Supply Chain Index calculations) and shareholder value (as defined by Price to Tangible Book Value) while outperforming their peer group on growth, operating margin, inventory turns and Return on Invested Capital (ROIC). Supply Chains to Admire Methodology.

Pharmaceutical 110

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 110

DELMIA Quintiq

NOVEMBER 6, 2019

Supply chains have been optimized; warehouse inventory tracking has reached new levels of precision; production lines can operate with virtually no downtime. As the common linchpin that brings together all manufacturing activities, has this metric improved along with all the investment in new technologies? Validation by Case Study.

Supply Chain Design Software 149

Supply Chain Design Software Manufacturing Optimization Software Predictive Analytics Software 149

BlueYonder

APRIL 13, 2023

This has led to the nearshoring redesign of supply network and manufacturers trying to figure out, “Where do I need to put my inventory” and “How do I think about sourcing of material and goods so that I can fulfill to my customers?” Terence: So, it’s about improving these metrics and business performance simultaneously.

Manufacturing Procurement 75

Manufacturing Procurement Inventory Reduction Cost Reduction Strategies Optimal Sourcing 75

QAD

MARCH 9, 2023

Automotive and industrial product companies were among the hardest hit. They can react to sudden changes in supply and demand, adjust prices and inventory levels in real time and work closely with supply partners throughout the value chain to mitigate risk. That means looking at the right metrics.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 98

Logistics Viewpoints

JULY 19, 2021

They produce a wide range of products for the automotive, construction, engineering, and packaging industries. But then executives may ask for higher sales or margins, or lower stock if key financial metrics are not being met. And they are working toward becoming significantly more sustainable. So, what is “connected planning?”

Supply Chain Planning Software 278

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 278

The Logistics & Supply Chain Management Society

MAY 28, 2022

With uncertainty a guarantee in the year ahead, leaders are realising the need to adopt applications that will improve visibility into demand and inventory, as well as tools that can help them model and simulate “what if?” Risk planning and technology utilisation. The effort will absolutely pay off. Building capability and consistency.

Supply Chain Planning Software 269

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

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. McKinsey ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Jaggaer

OCTOBER 24, 2024

It goes beyond merely cutting purchase prices; it encompasses all areas of procurement and supply chain management, from logistics to inventory management, payment terms, and supplier relationships. Such initiatives can only succeed based on close collaboration with suppliers.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Material Savings Negotiate Pricing 52

Logistics Bureau

APRIL 19, 2021

What would be the key number, or metric that you would need to know? If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry.

Benchmarking 98

Benchmarking Supply Chain Performance Supply Chain Exercises 98

Supply Chain Shaman

MAY 29, 2014

I just don’t think the comparison of very different industries in a spreadsheet based on growth, inventory values, and Return on Assets (ROA) is meaningful. 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.

Gartner 304

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 304

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. New Study Shows a Rise in US Company Inventories. This and much more, in your Monday supply chain briefing from Arkieva.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Kinaxis

SEPTEMBER 9, 2014

To make the list, companies out-performed their peer group on operating margin, inventory turns and Return on Invested Capital while driving significant improvement in financial metrics over the period.Supply Chain Improvement is based on a detailed analysis calculated factors for balance, strength and resiliency. Learn More.

Conference 150

Conference Gartner Supply Chain Planning Software Supply Chain Design Software 150

o9 Solutions

NOVEMBER 21, 2022

LKQ Europe is the region’s leading automotive aftermarket distributor, providing various spare parts for cars and vans at approximately 1,000 branches located throughout 20 countries. The goal is to help leaders understand supply chain trends, evolving technologies, and which metrics matter. million individual SKUs. . About LKQ Europe.

Supply Chain Planning Software 52

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

QAD

AUGUST 12, 2021

We will see the continued adoption of a wide range of sustainability efforts across manufacturing verticals, from automotive to food and beverage to life sciences. In other examples, you’ll find ERP provides the necessary insights and metrics, like OEE , to enhance production execution. Sustainability Objectives for Manufacturers.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

BlueYonder

MARCH 25, 2022

From the extremely visible and immediately felt increase in crude oil prices, the conflict is disrupting everything from food (wheat, corn, and sunflower oil exports), automotive (various metals including copper and iron) and semiconductors (90% of neon comes from Russia). How to Align Supply Chain Action to Your Business Strategy.

Modeling 96

Modeling Scenario Planning Supply Chain Planning Software Supply Chain Strategy 96

3PL Insights

MAY 3, 2021

Our customers identified a need for a data insight tool that shows trends in their inventory and transactions,” Evans says. We also accounted for the variables in our customer accounts to allow full manipulation of the visualizations considering time frame, facility, SKUs and inventory units,” Evans says. This is only the beginning.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Tools Distribution 52

Supply Chain Shaman

JANUARY 2, 2023

While retailers use the forecast for inventory management and assortment planning, a manufacturer uses the forecast not only to manage inventory but also to align manufacturing capacities to manage constraints. Forecasts are used to manage inventory and align the organization to manage constraints. Let me explain.

Supply and Demand 376

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 376

Supply Chain Shaman

MAY 1, 2014

As hospitals adopted consignment planning programs, inventory progress slowed. The turns are the lowest of any industry, and despite investments in technologies and processes, inventory turns have only improved 3%, and Cash-T0-Cash (C2C) cycles have declined 4%. The shift of inventory without the sharing of data is a mistake.

Supply Chain Planning Software 290

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 290