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

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 270

Forecasting Forecasting Software Modeling Optimal Sourcing 270

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. This includes internal and external data sources.

Supply Chain Planning Software 284

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 284

GlobalTranz

MARCH 22, 2016

When discussing warehouse statistics many key performance indicators are mentioned. So what are the most important figures needed to run a warehouse? Depending on the warehouse design and complexity there are at least a hand full of statistics that any manager needs. Warehouse Statistics & KPIs to Know. Safety/OSHA.

Warehousing 120

Warehousing Logistics Network Optimization Software Supply Chain Design Software Modeling 120

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 260

Supply Chain Planning Software Supply Chain Planning Inventory Reduction Expense Reduction 260

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. It is safe to say that if a warehouse operation is not implementing Lean, it is falling behind its competition. But, it can be overdone.

Waste Reduction 274

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

Logistics Viewpoints

AUGUST 9, 2022

Is it sitting at the warehouse yard, or has it reached the store? Complete visibility requires us to break down the silos between various critical supply change management systems – e.g., warehouse management systems, order management systems, visibility platforms. What’s in manufacturing? What orders are planned versus in process?

Inventory Management Software 261

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 261

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

Logistics Bureau

JANUARY 18, 2021

In this article, Logistics Bureau’s Mal Walker, who has spent decades exploring all aspects of warehousing, offers some valuable tips on warehouse design and operation. He has delved deeply into it and identified ten principles for optimising warehouse performance. 3) Triadic Warehousing. 6) Benchmarking.

Supply Chain Design Software 98

Supply Chain Design Software Warehousing Supply Chain Design Supply Chain Planning Software 98

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 289

Supply Chain Network Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 289

The Logistics of Logistics

SEPTEMBER 11, 2024

From digital freight brokerage and consultancy to software tools, they empower shippers, carriers, and warehouses to move more with less—increasing efficiency, reducing costs, and enhancing service quality. Rate Analysis and Benchmarking: Loadsmart helps clients compare freight rates.

Logistics Network Optimization Software 244

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Optimal Sourcing 244

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. This allows for allocation of inventory to stores and warehouses before it has been unloaded, making it possible for retailers to update their inventory plans more quickly.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 298

Logistics Viewpoints

FEBRUARY 28, 2022

As an E2open forecasting benchmarking report pointed out, “for companies trying to predict demand in March of 2020 as the world was descending into lockdown and everything was being turned upside down, what happened in March of 2019 had little to no relevance.”. At Coupa supplier risk is also flagged for single source or capacity constraints.

Optimal Sourcing 354

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 354

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. The first step in the development of a strategy is benchmarking. My Monday morning staff meetings could have been a Saturday night live skit.

Agile and Lean Supply Chain 301

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 301

ToolsGroup

APRIL 1, 2022

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Consultancy UK).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logility

SEPTEMBER 16, 2022

You can see three warehouses and almost every warehouse shipped to each destination city. Find the case where a customer node is right near the Alabama warehouse but is shipped from the Nevada warehouse. This means something is going to change — a new port, new warehouse location, new route to the customer.

Modeling Software 130

Modeling Software Modeling Optimization Modeling Logistics Network Optimization Software 130

Logistics Bureau

OCTOBER 26, 2020

It can also enhance collaboration between companies by pinpointing opportunities for shared shipping, trucking, and warehousing—which in turn can have a significant impact on carbon emissions. Some, pointing to the falling costs of wind and solar energy, are demanding that their energy provider supply clean, renewably-sourced electricity.

Supply Chain Planning Software 98

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

Logility

NOVEMBER 2, 2022

Suppose a product can be manufactured in multiple plant locations, and there’s a potential warehouse only 50 miles away from 60% of your customers that regularly order it. The solution brings decision-making around sourcing, production, and logistics further down the organizational chart. Third: Repeatable network design.

Optimal Sourcing 130

Optimal Sourcing Network Design Software Network Design Network Optimization 130

6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

Logistics Bureau

FEBRUARY 6, 2023

Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supply chain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty. What can possibly go wrong?

KPI 98

KPI Supply Chain Strategy Supply Chain Software Supply Chain Design Software 98

ToolsGroup

MARCH 17, 2021

Starting from pre-implementation we align on target key performance indicator (KPI) levels and benchmark progress to accelerate time to value. In a world that rarely plays by the rules, Michael and Stefano embody ToolsGroup’s relentless focus on delivering value to customers,” said ToolsGroup CEO Joseph Shamir. Go to www.SDCExec.com.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

RFgen

SEPTEMBER 12, 2019

Warehouse automation isn’t positioned to replace your workforce, but will augment your existing labor with crucial performance accelerators. A critical area where supply chain automation technology is gaining ground is in the warehouse. Take it with you: Key ROI Criteria for Warehouse Automation (free white paper download) ».

Supply Chain Software 78

Supply Chain Software Warehousing Inventory Reduction Supply Chain Planning Software 78

DELMIA Quintiq

MAY 17, 2023

Packing slips are probably only read by employees that are working in warehouse operations, who do not have any decision-making power over the transports that are handled by the warehouse. Using the right weight for the mentioned KPIs, the planning application will suggest to source the slab from the European supplier.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Sustainability 156

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Procurement Procurement involves sourcing and acquiring the materials or products needed for production. Communicate with suppliers to source materials, negotiate pricing, and ensure timely deliveries.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

Stord

AUGUST 5, 2020

The SmartWay program provides a structured process for tracking, documenting, and benchmarking logistics’ carbon footprint across the entire supply chain including freight. As a shipper, this data is necessary to develop industry benchmarks for carbon footprint.

Waste Reduction 78

Waste Reduction Supply Chain Design Software Inventory Reduction Cost Reduction Strategies 78

Logistics Bureau

FEBRUARY 13, 2018

He joined Logistics Bureau Group back in 2009 and commenced by running the benchmarking business known as Benchmarking Success. Steven, you were a customer of Benchmarking Success with three different companies, most recently as Supply Chain Director with Ingram Micro, the world’s largest IT distributor. The rest is history.

Benchmarking 40

Benchmarking Thailand Asia Indonesia 40

AIMMS

JUNE 23, 2016

Think for instance of a Source Optimization app for your retail company – a custom solution that helps you understand how and when to source your supplies, foresee possible supplier issues and adapt your plans accordingly. With “Samurai” solutions you get clear benchmarks, predictability, control and reliability.

Prescriptive Analytics Software 156

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 156

Logistics Bureau

DECEMBER 3, 2024

This involves considering the environmental, social, and economic effects of a company’s supply chain, which starts with sourcing raw materials running all the way through to delivering products to customers. For example, perhaps you have an idea that consumption of fresh water can be reduced in your warehouses or distribution centers.

Supply Chain Planning Software 72

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Optimization 72

Unleashed

MARCH 9, 2021

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. Warehouse space utilisation. What is procurement?

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Supply Chain Movement

JUNE 11, 2014

It’s hard to imagine that Cargill began as a grain storage warehouse in Iowa, USA, in 1865. We look at where we need to enhance our technology program, optimize transports and warehousing, segment and increase services to our customers, all within the matrix of improving the global supply chain.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

AIMMS

JUNE 23, 2016

Think for instance of a Source Optimization app for your retail company – a custom solution that helps you understand how and when to source your supplies, foresee possible supplier issues and adapt your plans accordingly. With “Samurai” solutions you get clear benchmarks, predictability, control and reliability.

Prescriptive Analytics Software 136

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 136

Supply Chain Shaman

AUGUST 7, 2019

” Or alternatively, “Is there data that could be sourced to help?” I am often asked to benchmark demand. This is one of the root issues leading to the swell of inventories in company warehouses as shown in Figure 5. As a group, we drill into root issues. The company is a food and beverage company. Step Three.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 253

Logistics Bureau

OCTOBER 11, 2024

Here I want to share eight key procurement challenges that we and consultants are facing in today’s global sourcing world. The crux of the problem is that many seemingly smart outsourcing decisions were based on low acquisition or purchasing cost, rather than total supply chain cost.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 98

Logistics Bureau

JULY 18, 2022

Warehouse facilities and proximity. Step 3: External Benchmarking and Competitor Research. Therefore, at this point, it’s a great idea to carry out some external benchmarking , to determine which performance elements you would need to improve to compete successfully, and which ones, if any, are already at a best-in-class level.

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction Strategies 98

Silvon Software

JULY 22, 2022

For one thing, today’s operational processes have become more complicated due to the ever-growing number of sources, platforms and touchpoints that must now be analyzed in order to drive actionable insights from them. 60% to 70% is considered a good benchmark of inventory levels. Warehousing Costs. Freight Cost Per Unit.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

The Lean Supply Chain

AUGUST 26, 2015

Key Performance Indicators: When discussing statistics for a warehouse many key performance indicators are mentioned. So what are the most important figures needed to run a warehouse? Depending on the warehouse design and complexity there are at least a hand full of statistics that any manager needs. Material Review Board (MRB).

Warehousing 40

Warehousing Modeling Supply Chain Design Software Demand Planning Software 40

Zipline Logistics

JANUARY 17, 2023

When you think of sustainability, you might think of CPG brands practicing ethical sourcing or using recyclable packaging. Misaligned production, warehousing, and transportation functions are also a large source of supply chain inefficiencies, and they can cost brands big in wasted resources, time, and money. .

Resource Reduction 78

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 78