Supply Chain Shaman

JULY 19, 2015

Benchmarking is a measurement of the quality of an organization’s policies, products, programs or strategies against standard measurements. Today, I am going to share five insights that I have gleaned from our work on Supply Chain Planning Benchmarking. Benchmarking is not Benchmarking. Business Dictionary.com.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

Talking Logistics

DECEMBER 6, 2017

Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” This bring concerns for transportation costs as we see as the #2 area of importance for sourcing.

Optimal Sourcing 189

Optimal Sourcing Research Sourcing Trends 189

QAD

APRIL 3, 2025

One of the most transformative tools in this regard includes, digital sourcing or also referred to as, e-sourcing applications. These digital platforms have revolutionized how businesses approach sourcing by enhancing efficiency, reducing costs and fostering better supplier relationships.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Negotiating Skills Sourcing 52

Logistics Viewpoints

AUGUST 15, 2022

Of the professionals surveyed, 59% saw the gap between procurement/sourcing and supply chain to be a major disconnect, and the most pressing pain point. Both procurement solutions from ERP companies like Oracle or Infor – or business spend management solutions – can help companies enforce these sourcing supplier decisions.

Supply Chain Network Software 315

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 315

The Logistics of Logistics

MARCH 18, 2025

Mike is the Head of Intermodal Solutions at SONAR, the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector. Mike Baudendistel and Joe Lynch discuss the CPG supply chain.

Supply Chain Design Software 141

Supply Chain Design Software Analytics Software Logistics Network Optimization Software Forecasting Software 141

ivalua

SEPTEMBER 10, 2019

Digital sourcing tools can help make this a more manageable metric. #3 Without a full view to spend and supplier, at the line item level, sourcing organizations limit their reach and impact. The post 6 metrics tips and tools to benchmark P2P Digital Transformation appeared first on Ivalua.

Metrics 140

Metrics Negotiate Pricing Supply Chain Software Benchmarking 140

Logistics Viewpoints

DECEMBER 2, 2024

We have benchmarked our SCI (Supply Chain Intelligence) solution; we looked at all the solutions in the industry. The second thing we’ve done, and this is our most valuable asset, is that 7 years ago we made a big investment in our own intelligence platform we call supply chain intelligence.

Supply Chain Planning Software 292

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Network Software 292

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 290

Supply Chain Shaman

NOVEMBER 9, 2014

The team was organized around the functional silos of source, make and deliver. When we started benchmarking companies, Deborah and I had a friendly wager. Deborah and I benchmarked 97 supply chains; and, we found the inverse to be true. It had been this way for over two decades. I was asked to be an agent of change.

Manufacturing Procurement 287

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 287

Supply Chain Shaman

NOVEMBER 10, 2013

This week I interviewed Robert Byrne, Founder of Terra Technology , on the results of their fourth benchmarking study on forecasting excellence. The work done by Terra Technology, in my opinion, is one of two accurate sources of benchmark data on forecasting in the industry. The other is Chainalytics demand benchmarking.

Supply and Demand 234

Supply and Demand Forecasting Forecasting Software Modeling Software 234

Logistics Viewpoints

MARCH 27, 2023

It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. APQC – a benchmarking, best practices, and performance improvement organization – is one place you can get these numbers. Companies need to understand how much it is realistically possible to improve their forecasts.

Forecasting 276

Forecasting Forecasting Software Modeling Optimal Sourcing 276

The Logistics of Logistics

AUGUST 28, 2023

She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools. About Sarah Bertram Sarah Bertram is a Shipper Sales Manager at DAT.

Logistics Network Optimization Software 264

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Supply Chain Network Software 264

Logistics Viewpoints

APRIL 1, 2021

Building optionality in the supply chain through collaborative sourcing: Supply chain teams can proactively identify choke points within the existing network by leveraging emerging technologies such as digital twins and advanced analytics, and modeling their end-to-end supply chains. This can in turn benefit Tier 2 suppliers and beyond.

Optimal Sourcing 293

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 293

Logistics Viewpoints

JUNE 30, 2021

Because of the pandemic, risk management surrounding sourcing has become top of mind in supply chain organizations. APQC has conducted benchmarking and best practices research on supplier risk management. APQC is a nonprofit organization focused on benchmarking, best practices, performance improvement, and knowledge management.

Risk Management 299

Risk Management Scenario Planning Supply Chain Planning Software Supply Chain Disruption 299

DELMIA Quintiq

MARCH 4, 2021

Viterra , formally Glencore Agriculture, a global leader in the sourcing, handling, processing and marketing of agricultural commodities and products, has started a global digital transformation program to improve and accelerate its business decisions.

Optimal Sourcing 296

Optimal Sourcing Supply Chain Planning Software Scenario Planning Global 296

Logistics Viewpoints

FEBRUARY 14, 2024

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM). With the continued challenges facing supply chains, that is no surprise.

Supply Chain Planning Software 328

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 328

Supply Chain Shaman

APRIL 27, 2022

To calculate the benefits of the potential value of implementing a planning system, I benchmarked companies to their respective peer groups. My failure was three-fold: In this analysis, I never benchmarked companies to the industry averages. I built value cases for sales. A case is not a case. Blindly Accepting a Company as a Leader.

Procurement Analytics 353

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 353

Taulia

DECEMBER 2, 2021

Ethical sourcing is one solution for improving a business’ environmental footprint. What is ethical sourcing? Ethical sourcing is a responsible approach to supply chain management that involves sourcing products and raw materials from businesses that comply with certain sustainable practices and legal requirements.

Sourcing Strategies 98

Sourcing Strategies Optimal Sourcing Sourcing Vendor Strategies 98

Logistics Viewpoints

JANUARY 16, 2023

APQC and the Digital Supply Chain Institute (DSCI) have conducted best practice and benchmarking research on MDM. APQC is a member-based nonprofit that conducts benchmarking, best practices, and performance improvement research. In short, what does an organization need to do when they learn data is bad?

Data 295

Data Supply Chain Planning Software Benchmarking Supply Chain Software 295

Logistics Viewpoints

MAY 1, 2024

The German Supply Chain Act is currently setting the benchmark in Europe, but in the United States, the Uighur Forced Labor Prevention Act (UFLPA) is a significant force. This wave of new legislation is pushing companies to understand and evaluate their supply chain in much greater depth than ever before. What will be required of companies?

Sustainability 325

Sustainability Resource Reduction Sourcing Strategies Government 325

Kinaxis

JULY 18, 2014

The research benchmarks A&D companies against other industries and looks at the top five A&D companies over the last decade. Think about those design, sourcing and delivery challenges. A supply chain based so heavily on external sources is susceptible to more risk than catching a flight on time out of Newark.

Supply Chain Planning 224

Supply Chain Planning Supply Chain Design Supply Chain Strategy Aerospace 224

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Precoro

SEPTEMBER 6, 2021

As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Understanding their distinction can help you ensure the coordination between the responsible teams and adopt the right strategies for improving both sourcing and procurement. Procurement. Contains fewer steps.

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Logistics Bureau

DECEMBER 22, 2024

Using KPIs for performance measurement ensures that you are continuously evaluating your business activity against a static benchmark. Another powerful use of KPIs is in the benchmarking of your companys performance against that of your competitors and industry peers. Why Are KPIs Important?

KPI 74

KPI Agile and Lean Supply Chain Supply Chain Strategy Supply Chain 74

The Logistics of Logistics

DECEMBER 5, 2022

Emerge is reinventing freight procurement by providing access to benchmarked rates and thousands of trusted partners to maximize cost-savings. Emerge launches Benchmarking. Smart Freight Sourcing with Andy Semisch. Awarded Podcast. Awarded Podcast on Apple. Awarded Podcast on Spotify. Awarded Podcast on YouTube.

Supply Chain Network Software 246

Supply Chain Network Software Logistics Network Optimization Software Modeling Software Sourcing Strategies 246

Supply Chain Shaman

SEPTEMBER 24, 2017

In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. While the practices of finance are over 200 years old, in contrast, supply chain as a cross-functional practice (the combination of make, source and deliver) was recently defined in 1982. Is talent a cost or an asset?

Cost Reduction Strategies 207

Cost Reduction Strategies Inventory Reduction Resource Reduction Manufacturing Procurement 207

Logistics Viewpoints

JULY 19, 2023

Most recently, the APQC has conducted best practice and benchmarking research on environmental sustainability. For respondents at the median, 80 percent of total annual packing material consumed comes from recycled or re-used materials and 60 percent comes from renewable sources.

Sustainability 246

Sustainability Optimal Sourcing Logistics Material Savings 246

Logistics Viewpoints

APRIL 25, 2024

Not only will this help optimize operations, but it will allow for performance to be benchmarked across sites, helping drive continuous improvement and the sharing of best practices. Companies must begin mandating standard processes across all the facilities, from driver check-ins and the gate to the docks. Digitize the periphery of the yard.

Expense Reduction 316

Expense Reduction Supply Chain Design Software Cost Reduction Strategies Inventory Reduction 316

Logistics Viewpoints

JULY 12, 2021

To ensure quality, they have a mystery shopper program, and they benchmark themselves against their competitors. Whereas many of their competitors’ source from wholesalers like McLane or Core-Mark, Casey’s supplies their stores with groceries, food, health and beauty aids, and general merchandise from the distribution centers (DCs).

Supply Chain Planning Software 264

Supply Chain Planning Software Supply Chain Planning Inventory Reduction Expense Reduction 264

ToolsGroup

OCTOBER 11, 2017

Use benchmarking to identify gaps and opportunities in demand forecast capabilities - Gartner says that you can make your business case more compelling by demonstrating the gains others have won through demand planning improvements. 2% reduction in transportation costs (percent of sales).

Forecasting 180

Forecasting Supply and Demand Forecasting Software Optimal Sourcing 180

Talking Logistics

APRIL 12, 2018

DC Velocity and Descartes have conducted a transportation benchmark study for the last two years to help transportation professionals understand what is driving the market, and how the strategy and tactics of top performers differ from the rest of the pack. Figure 1: Transportation IT Spend Change Next 2 Years (Source: Descartes).

Transportation Management 146

Transportation Management Logistics Network Optimization Software Modeling Software Supply Chain Planning Software 146

Logistics Viewpoints

FEBRUARY 9, 2021

The more users and the greater the usage, the richer the data set for benchmarking, analysis and, ultimately, insights to help organizations improve their KPIs. Diversity of sources (carriers + vendors + customers). Our strategy was to lead with shippers, then onboard their vast networks of carrier, broker and 3PL partners.

Supply Chain Network Software 298

Supply Chain Network Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 298

Supply Chain Shaman

SEPTEMBER 1, 2019

The analysis is designed to provide Industry benchmarks by peer group and to celebrate the success of 23 companies out of 28 peer groups. The greatest gap in sourcing talent is in deep analytic skills. Traditional supply chain processes are not equal to the challenge. The full report is available for review. These themes are not new.

Supply Chain Software 237

Supply Chain Software Supply Chain Design Software Analytics Software Buyer Training 237

Logistics Viewpoints

AUGUST 9, 2022

By integrating order data, load information across modes, yard shipments and the like, internal departments can turn to a single source of the truth and more accurately manage various aspects of the lifecycle.

Inventory Management Software 264

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 264

SCMDOJO

MARCH 24, 2025

Strategic Sourcing: Strategic sourcing involves managing suppliers, while their selection is done through Request for Quotation (RFQs) forms from multiple suppliers to compare and evaluate them based on pricing, quality, and delivery speed. Industry Benchmarks: In the market, a company is never the sole player.

Purchasing Skills 69

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 69

Logistics Viewpoints

SEPTEMBER 13, 2022

You need to have a system that allows you to connect data sources, leverage actionable intelligence to enable the enterprise to capture all emissions scopes and other environmental and ESG metrics, and establish and execute on Scope 3 emissions reduction and reporting goals. Next, the enterprise can set targets.

Cost Reduction Strategies 264

Cost Reduction Strategies Supply Chain Planning Software GEP Supply Chain Network Software 264

SCMDOJO

FEBRUARY 15, 2025

These include alternative sourcing strategies, backup transportation routes, and emergency inventory reserves. Businesses that depend on a single supplier or a limited number of vendors are at higher risk if production delays, raw material shortages, or geopolitical issues impact their primary source.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Modeling Inventory Reduction 91