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 278

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 278

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 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

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 233

Supply and Demand Forecasting Forecasting Software Modeling Software 233

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

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

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 242

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Supply Chain Network Software 242

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 339

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 339

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 285

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 285

The Logistics of Logistics

NOVEMBER 5, 2024

During his tenure in the industry, he built innovative pricing and forecasting models, leveraging internal and external data sources to improve internal decision-making and increase profitability. Prior to joining DAT, Adamo led the pricing and decision science teams at FedEx.

Optimal Sourcing 205

Optimal Sourcing Freight Analytics Software Forecasting 205

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 262

Risk Management Scenario Planning Supply Chain Planning Software Supply Chain Disruption 262

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 Aerospace Supply Chain Strategy 224

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 218

Forecasting Forecasting Software Modeling Optimal Sourcing 218

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 300

Sustainability Resource Reduction Sourcing Strategies Government 300

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 218

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 218

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 202

Cost Reduction Strategies Inventory Reduction Resource Reduction Manufacturing Procurement 202

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 230

Data Supply Chain Planning Software Benchmarking Supply Chain Software 230

Logistics Viewpoints

DECEMBER 18, 2024

Proactively adopting cleaner energy sources ensures alignment with these evolving regulations. The industry’s dependency on traditional energy sources necessitates an urgent shift toward cleaner alternatives. Companies like DHL and Amazon are already setting benchmarks by integrating EVs into their logistics operations.

Optimal Sourcing 143

Optimal Sourcing Material Savings Supply Chain Design Software Supply Chain Planning Software 143

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

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 212

Supply Chain Network Software Logistics Network Optimization Software Modeling Software Sourcing Strategies 212

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 215

Sustainability Optimal Sourcing Logistics Material Savings 215

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 84

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 84

Supply Chain Shaman

DECEMBER 12, 2024

In 2001, China joined the World Trade Organization, increasing access to China as both a channel and a supply source. Consider the investment in outside-in planning processes using market data and orchestrating source, make, and deliver based on a holistic design process. – The Myopic Focus on Cost Reduces Effectiveness.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

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 236

Supply Chain Software Supply Chain Design Software Analytics Software Buyer Training 236

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 267

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 267

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 221

Supply Chain Planning Software Supply Chain Planning Inventory Reduction Expense Reduction 221

Talking Logistics

MAY 9, 2019

What are your supply chain, sourcing, visibility, and transparency challenges? These are the types of questions a logistics partner can help you answer, with their consultants and industry experts using state of the art tools and applications for network studies, benchmarks and the implementation of new technology.

Optimal Sourcing 157

Optimal Sourcing Supply Chain Software Supply Chain Optimization Logistics Network Optimization Software 157

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 246

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 246

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 237

Cost Reduction Strategies Supply Chain Planning Software GEP Supply Chain Network Software 237

Logility

APRIL 2, 2020

A good KPI will be measurable against some benchmark or criteria. Phone * Company * Job Title * Zip Code * Source Asset Source Download ID. 2 Identify and get access to the right data sources. If you use data quality tools, monitor the amount of clean-up needed and work hard to improve the quality in source data systems.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Source: Sea-Intelligence Source: Sea-Intelligence The number of blank sailings are at the lowest we have seen since the pandemic started. Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels.

Rail Software 244

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

Proxima

AUGUST 24, 2023

Time is running out to start translating intention into action The Scope 3 Maturity Benchmark has shown us that businesses have good intentions but are struggling to make meaningful progress. So, what is the main difference between then and now? A lack of progress in that time is painting an even darker picture for Net Zero targets.

Benchmarking 52

Benchmarking Supply Chain Planning Software Cost Reduction Strategies Optimal Sourcing 52

Proxima

AUGUST 24, 2023

Time is running out to start translating intention into action The Scope 3 Maturity Benchmark has shown us that businesses have good intentions but are struggling to make meaningful progress. So, what is the main difference between then and now? A lack of progress in that time is painting an even darker picture for Net Zero targets.

Benchmarking 52

Benchmarking Supply Chain Planning Software Cost Reduction Strategies Optimal Sourcing 52

Talking Logistics

FEBRUARY 1, 2019

req’d) How Blockchain Could Benefit Levi’s Worker Well-Being Initiative (Sourcing Journal) Companies Plan for Tariffs, More Paperwork in Case of ‘No-Deal’ Brexit (WSJ – sub. Having greater access to data, particularly benchmarking data, is also empowering shippers.

Logistics Network Optimization Software 144

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 144

BlueYonder

DECEMBER 13, 2024

The Generative AI Supply Chain Benchmark Our generative AI supply chain test is based loosely on the viral ChatGPT experiment , where the model passed the bar exam with a high combined score of 297, approaching the 90 th percentile of all test takers. Blue Yonder Reveals Benchmark Study for LLMs appeared first on Supply Chain Nation.

Benchmarking 52

Benchmarking Supply Chain Design Software Study Supply Chain Software 52

ToolsGroup

JULY 11, 2017

For instance, a Gartner industry benchmarking shows that a 1% increase in forecast accuracy typically achieves: 2-7% reduction in the value of total inventory as a percentage of sales (working capital). Gartner suggests that planners can also nudge finance across the functional divide by correlating their planning KPIs with financial targets.

S&OP 92

S&OP Supply and Demand Inventory Reduction Price Reduction 92

Logistics Viewpoints

JANUARY 23, 2024

The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers. And if they are not, the retailer can look at alternative sources that aligns to their goals. It gives consumers a sustainability benchmarking tool for the products they buy.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 246

The Logistics of Logistics

MAY 24, 2021

SaaS product, SONAR, is 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. FreightWaves provides the ability to benchmark, analyze, monitor & forecast the $9.6T FreightWaves’?

Cost Reduction Strategies 130

Cost Reduction Strategies Analytics Software Forecasting Software Logistics Network Optimization Software 130