Logistics Bureau

AUGUST 2, 2021

Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. 7 Procurement KPIs You Should be Using. Emergency Purchase Rate. Purchase Order Cycle Time.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. In response to these rising complexities, late last year, Körber commissioned its first ever Supply Chain Benchmarking report. Rethink Partnerships.

Waste Reduction 277

Waste Reduction Sustainability Vendor Strategies Supply Chain Design Software 277

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 21

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 21

GlobalTranz

DECEMBER 30, 2014

5 Best Transportation Management Optimization Practices Utilizing Strategic Freight Shipping : The mantra for all transportation professionals is simple: reduce costs and increase customer satisfaction levels. However, it’s important to review your pattern of freight spend in relation to sales so that you may set a benchmark.

Logistics Network Optimization Software 232

Logistics Network Optimization Software Expense Reduction Supply Chain Planning Software Modeling Software 232

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Logistics Viewpoints

NOVEMBER 23, 2020

Our inventories were in line with benchmarks, but we knew that intensifying the pace of launches could become challenging in the long run.”. We could not manage our business with that tool,” Mr. Stephens realized. Ipsen purchased the RapidResponse supply chain planning product from Kinaxis. The results?

Customer Service 246

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 246

Supply Chain Network

AUGUST 6, 2012

According to the latest American Shipper benchmark survey, transportation spending increased in 2012 – according to 75 percent of respondents – remaining unscathed by budget cuts. Shockingly, though, companies are failing to invest in the necessary procurement tools to manage spend and optimize their transportation networks.

Optimal Sourcing 92

Optimal Sourcing Procurement Solutions Supply Chain Planning Software Procurement Analytics 92

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Companies had to survive the disruptions by obtaining visibility throughout their supply chains, some may have done so through large amount of manual effort rather than more automated solutions. Supply chain managers require visibility to track the necessary components from a purchase order for production or to fulfill a customer order.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

Veridian Solutions

JANUARY 15, 2020

It is time your organization has decided to purchase order management software and reap its benefits. Unfortunately, numerous order management system software vendors exist, and every vendor claims to have the best and biggest solution. Justify the Need to Purchase Order Management Software.

Procurement Solutions 49

Procurement Solutions Purchasing Skills Supply Chain Design Software Supply Chain Planning Software 49

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What type of business is this software suited to?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

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.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Talking Logistics

OCTOBER 6, 2016

With the seasonal flood of consumer demand about hit the retail industry, advanced home delivery solutions can play an important role in success. With expanding drop ship operations, retailers quickly lose control and sight of the order once it gets to the supplier. Prioritizing Customer Choice.

Price Reduction 160

Price Reduction Cost Reduction Strategies Expense Reduction Supply Chain Planning Software 160

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Increased Shipping Costs, Delays, and Transportation Issues.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Opz

NOVEMBER 9, 2014

The Lean journey should focus on straightforward activities that everyone can see and understand because the tools take on a life of their own, causing the operation to lose sight of the simple goal of waste elimination. Work with your broker to see if you can get priority on unloading the ship and inland transport.

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

Freightos

JULY 23, 2015

Movers marketplace matching shipping requirement with freelance student drivers. Supply chain platform matching drop-ship retailers, manufacturers, distributors and freight forwarders. Freight marketplace software matching shippers and trucking carriers, thereby eliminating freight forwarders. Specialized Shipping.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Design Software San Francisco Predictive Analytics Software 120

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. It is the main measurement benchmark in measuring supply chain performance, isn’t it? The goal is to keep inventory levels at a minimum to meet customer needs. A pull system is better than a push system. Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

ToolsGroup

JANUARY 8, 2019

According to Gartner’s benchmarking service, average forecast error for most companies is in the low 70s (MAPE, Unit-Location level, 30 day lag) and even “good” forecasting rarely gets beyond the high 70s (using the same criteria). In short, any capturable element that influences how customers purchase, whether in B2B or B2C environments.

Supply and Demand 149

Supply and Demand Modeling Demand Planning Software Forecasting 149

The Logistics of Logistics

JANUARY 26, 2016

They allow you to set benchmarks and improve your business practices. Inventory tracking software is an excellent way to keep a close eye on inventory and measure it as a KPI. Equally important to proper warehouse management is shipping. Your goal should be to reduce shipping costs and increase shipping speed. 
5.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

Precoro

AUGUST 31, 2023

They can offer valuable feedback on the data, as they are more familiar with the realities of purchasing habits. Employees should be given the opportunity to explain their spending needs so that a solution can be found that suits both teams and budgets. What solutions can we propose for each department?

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. At the same time, it makes excellent sense to have a good SEO software solution to keep track of how your marketing strategies perform.

Supply Chain Visibility 98

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 98

Multichannel Merchant

NOVEMBER 10, 2022

Last mile delivery has become a costly undertaking for multichannel retailers, with home delivery comprising an estimated 41% of overall supply chain costs and 53% of the total cost of shipping. How do you then translate your last mile delivery process into repeat purchases, brand loyalty and increased profits? of the average $10.10

Procurement Solutions 59

Procurement Solutions Supply Chain Planning Software Predictive Analytics Software Optimization Software 59

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Talking Logistics

JUNE 2, 2016

This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself. The potential opportunity to convert a significant portion of operating costs from fixed to variable.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

SCMDOJO

MAY 30, 2024

Supply Chain Department – A Typical Structure Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities The Purpose of the Logistics Department Structure A well-structured logistics department is essential for any organization that deals with product movement and delivery.

Optimal Sourcing 98

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 98

Talking Logistics

FEBRUARY 13, 2015

Bigger Container Ships Pose Bigger Risks (WSJ – sub. Roadnet® Technologies Introduces Advanced Business Intelligence Tool, Insight. Roadnet® Technologies Introduces Advanced Business Intelligence Tool, Insight. Chainalytics Introduces FMIQ Monthly Benchmarking Index.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Logistics Supply Chain Planning Software Modeling Software 100

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. This is where sustainability benchmarking can really help you home in on where improvement is most needed.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 98

Multichannel Merchant

NOVEMBER 10, 2022

Last mile delivery has become a costly undertaking for multichannel retailers, with home delivery comprising an estimated 41% of overall supply chain costs and 53% of the total cost of shipping. How do you then translate your last mile delivery process into repeat purchases, brand loyalty and increased profits? of the average $10.10

Procurement Solutions 52

Procurement Solutions Supply Chain Planning Software Predictive Analytics Software Optimization Software 52

Unleashed

MAY 2, 2022

These quantifiable metrics take all the guesswork and ‘gut feel’ out of your processes and can show you clearly – in real time if you’ve got the right inventory management software – where your inefficiencies are, and what’s costing you more money than you realise. Lead time can be important to finding inefficiencies.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 98

Bristlecone

JANUARY 11, 2021

Today, despite COVID-19 slowing maritime traffic, piracy is thriving off the coast of West Africa and two of the shipping industry’s key players suffered cyberattacks just ahead of their peak season. This year, we’ll see continued focus on building resiliency into supply chain and procurement functions. Delivering Value.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Supply Chain Design Software Procurement Solutions 52

Logility

SEPTEMBER 16, 2022

When you break them down by lane, season, and method of purchase, thousands of data points might turn into five to ten data points for a given lane — or sometimes only one shipment. You can see three warehouses and almost every warehouse shipped to each destination city. How could this vast amount of real data go wrong?

Modeling Software 130

Modeling Software Modeling Optimization Modeling Logistics Network Optimization Software 130

ShipBob

APRIL 13, 2021

Shipping & logistics KPIs. It can be hard to achieve this if you don’t have specific goals in place for sales, marketing, customer service, shipping, and other parts of your business. KPIs are one of the most valuable tools you have for keeping your team focused, accountable, and aligned. Shipping fees. Sales KPIs.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

Precoro

MAY 19, 2023

The right metrics can shed light on how cost-effective a company’s processes are when it comes to the flow of goods, both at the inbound stages of procurement and outbound all the way to the customer. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Intelligent Audit

NOVEMBER 17, 2022

With increased e-commerce shipping, high consumer expectations for delivery, and challenges in the supply chain, companies need optimized transportation systems and freight services. Quality, relevant shipping data shows what is going right and needs improvement for better shipping services. Freight Invoice Audit Software.

Freight 52

Freight Shipping Supply Chain Design Software Pricing Training 52

Silvon Software

APRIL 16, 2025

Weve even included some examples of these KPIs using pre-built views for inventory reporting from our Stratum business intelligence solution. Benchmark against your industry average for best insight. ROP too low can cause stockouts, rushed shipping fees, and lost sales. How can you improve Inventory Turnover?

Optimal Sourcing 40

Optimal Sourcing Inventory Reduction Supply Chain Optimization Price Mitigation Strategies 40

ivalua

JANUARY 13, 2021

Difference Between Procure to Pay and eProcurement. Procure-to-Pay is the sequential process we described earlier. Eprocurement or e-procurement comes from electronic procurement. It relates to the digitization of this process through specialized tools. Benefits of an eProcurement Solution.

Procurement Solutions 235

Procurement Solutions Purchasing Skills Optimal Sourcing Negotiating Skills 235

GlobalTranz

MARCH 7, 2016

This is a critical component of seeking improvement in the supply chain, and benchmarking enables a supply chain entity to assess the current condition of such technologies and applications to improve the overall supply chain. What About Supply Chain Entities That Have Time-Sensitive Products?

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

Supply Chain Trend

AUGUST 13, 2020

He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software. Although third wave supply chain-software could cover all these elements, Niels believes that human centricity is critical so that decision augmentation should be the more desirable form for business planning.

Supply Chain Software 147

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 147