Logility

AUGUST 7, 2017

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. Functionally isolated metrics lead to sub-optimized supply chain performance.

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

Supply Chain Shaman

JANUARY 2, 2023

The Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving. (The The team was not calibrated on the role of forecasting and the basics around process excellence. Models Matter. Misunderstandings.

Supply and Demand 372

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 372

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. I find three: organizational design, executive understanding of supply chain, and the lack of a clear definition of an optimization function for supply chain excellence. Clarity of Supply Chain Excellence.

Supply Chain Design Software 308

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 308

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. The organization, tightly capacity-constrained failed to forecast and build capacity ahead of market demand. The River of Demand. #3

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

Supply Chain Shaman

AUGUST 12, 2024

The sad thing is that most companies will never know because they are blindly measuring the wrong metric and driving a supply-centric agenda. The days of the functional manager focused on OEE (Operational Equipment Efficiency) and POV (Purchase Price Variance) need to end. So, my reply to Peter S. So, my reply to Peter S.

Waste Reduction 195

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 195

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. What can often look like compliance in APO could actually be numbers calculated in Excel and posted into the SAP system.

Demand Planning Software 254

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 254

RFgen

DECEMBER 19, 2024

And perhaps most critically, a lack of real-time visibility into stock levels prevents informed decision-making about purchasing, production, and fulfillment. The investment in robust inventory management software is an investment in greater profitability, operational excellence, and long-term success.

Inventory Management Software 93

Inventory Management Software Analytics Software Supply Chain Planning Software Forecasting Software 93

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers.

Forecasting 260

Forecasting Forecasting Software Modeling Optimal Sourcing 260

Supply Chain Shaman

MARCH 21, 2022

Supply outstripped material and logistics capacities in the pandemic, yet we did not alter traditional practices to sense and drive a better response. Ukraine currently provides nearly 70 percent of the world’s neon gas capacity.) Over 93% of companies use Excel Spreadsheets to develop their plans. There was no new normal.

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

Kinaxis

SEPTEMBER 8, 2014

They have piloted the process in Excel and know that they need an enterprise level solution for a global roll-out of S&OP. The issue is that none of their IT investments in the last 10 years have moved the needle on operational metrics such as inventory levels, case fill rates, and other operational metrics. Their words.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Modeling Software 261

Logility

MARCH 24, 2021

These critics sensed a sinister “rebranding” ploy designed to get companies to purchase technology and services they already own but perhaps have not fully implemented. Challenge yourself to think beyond the traditional Available-to-Promise metric and ask if an action meets the criterion of Profitable-to-Promise.

Supply Chain Planning Software 174

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Design Software 174

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The total cost of ownership analyzes the total costs of the buying decision.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

RFgen

DECEMBER 19, 2024

Space Utilization: Increase available storage capacity, better organize high-demand items, and optimize vertical space. Effective space utilization translates directly to increased storage capacity and reduced warehouse footprint and operational costs. Data-driven forecasting improves purchasing and cuts storage expenses.

Optimal Sourcing 95

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 95

Supply Chain Shaman

SEPTEMBER 3, 2015

Cycle stock is the management of stock required to cycle through production runs and procurement buys effectively. There are two buffers in the supply chain: inventory and manufacturing capacity. As assets become more and more utilized manufacturing loses the ability to buffer volatility through manufacturing capacity optimization.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Logility

APRIL 7, 2020

In a much broader context, the byproduct of this work will be lasting innovation that informs design, production and distribution excellence for years. At the same time, start a frank discussion about which metrics matter right now. Perhaps purchase price variance and budget adherence should take a back seat to customer service.

Innovation 147

Innovation Supply Chain Planning Software Supply Chain Design Software Logility 147

Supply Chain Opz

OCTOBER 10, 2014

An accomplishment-based resume provides metrics and quantifiable info about a candidate’s accomplishments. It is the quickest and simplest way to help an employer buy into you and answer the common interview question ‘so…. On your resume, make sure to show all those terms and how you worked in those capacities.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 271

Kinaxis

MARCH 9, 2015

by John Westerveld In part one of this blog we determined that the Master Scheduler has a challenging job with Master Scheduling, but you may be thinking that ERP system you’ve spent millions on buying and implementing must make the Master Scheduler’s job so simple it’s as easy as pushing a button, right? Well… not so fast.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Modeling Software Analytics Software 100

Arkieva

JUNE 28, 2016

We might use “availability in Excel directly or with Add-ons” as an “age metric’.). For example, basic optimization and statistical methods have been part of business school programs for over 40 years and core methods are part of Excel. One pattern is a succession of short purchases in a location away from home.

S&OP 92

S&OP Procurement Analytics Analytics Software Supply and Demand 92

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The translation of independent demand into cycle stock reduction in production planning and material buying in demand-driven MRP.

Material Savings 185

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 185

ShipBob

OCTOBER 24, 2022

Proper demand forecasting and inventory control can help ensure a business doesn’t buy insufficient or excessive inventory. Demand forecasting can help you spend less money on both inventory purchase orders and warehousing , as the more inventory you carry, the more expensive it is to store. Ryan Casas, COO of iloveplum.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

Kinaxis

JUNE 30, 2017

There is omni-channel you can buy products anywhere, you can order stuff from your mobile phone and then get delivered to your home, and so on. In today’s world, with buy anywhere, pick up anywhere kind of paradigm, supply chains are a lot more complex. Then you do capacity planning, so on and so forth.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 147

Supply Chain Matters

APRIL 28, 2023

Supply Chain Matters provides the second in a multi-part series addressing the renewed importance of production planning and operational excellence in this very uncertain and constantly changing business environment. Refocusing on Operational Excellence In the previous section, we identified a number of drivers for operational efficiency.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

Supply Chain Network

DECEMBER 14, 2013

Speaker(s): Rob Bass, Vice President, Distribution, Best Buy Co., Learn how these retailers determine key metrics for the stores and for the Executive team, and how they measure and improve efficiency in order to better serve their customers. Significant performance improvements and overall throughput capacity increases are achieved.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Retail 115

Talking Logistics

JUNE 30, 2015

Volatility in pricing trends are opportunities to lock in contractual rates, though shippers and logistics providers must also maintain flexibility to leverage spot buys as needed. Adopt performance metrics for carriers. It is still a people business. He currently serves as Sr.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Procurement Material Savings 100

BlueYonder

JANUARY 31, 2023

The visibility will include not just the short-term purchase order or ASN-level visibility, but also the tactical kind of forecast collaboration with the suppliers. And tighter longer-term capacity collaboration with the suppliers is needed as well. If there is a demand mix change, what additional material or capacity we will need.

Automotive 108

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 108

Unleashed

OCTOBER 6, 2021

Set reorder points for your most frequently purchased items As your business grows, it can be difficult to keep track of the right time and stock level at which to reorder more products. Setting reorder points for the most frequently purchased items can help significantly improve inventory efficiencies and save costs.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Precoro

JUNE 6, 2022

Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. Retail shops are vendors for each individual customer buying sneakers. It would make more sense to buy lemonades rather than produce them in-house. Blurred lines. You might have wondered.

Manufacturing Procurement 79

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 79

Enterra Insights

FEBRUARY 1, 2021

The companies that had the sophistication to automate their order flows and the capacity to respond to volatile customer demand were winning big, while others were suffering significantly.”[2] ” Those are excellent questions to consider before making investments in any technology. … My plea?

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Optimization 113

6 River Systems

JUNE 29, 2020

Establishing protocols, metrics, organizational owners, and related processes can empower organizations to respond more effectively when faced with a crisis.” . “Supply chain resiliency is best supported by a clearly defined risk mitigation governance structure that is aligned to the strategy of the organization.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Recommend ways to enhance performance metrics such as inventory, delivery, and overdue orders. Purchasing Agent. This post requires a good head for figures as well as excellent negotiation skills.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 98

Unleashed

OCTOBER 16, 2023

It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Poor planning can result in overstocking of goods, which is an inefficient and costly use of your storage capacity. Let’s look at a few accounting metrics you may find useful when dealing with raw materials inventory management.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Precoro

MAY 27, 2021

It can either make you a company's superhero or add extra headaches and purchasing risks because poor supplier management leads to the following problems: Missed saving opportunities and not enough leverage in negotiating with new suppliers. Poor supplier performance due to the lack of oversight, analytics and clearly defined requirements.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Not every manufacturer will have the capacity to recycle returned goods, but businesses are innovating to find new ways of recycling.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Supply Chain Game Changer

FEBRUARY 15, 2022

For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. A grounding in all of these areas and disciplines is excellent and mandatory for anyone looking to work in Supply Chain. Creating a High Performance Organization! Infographic).

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Management Software 92

SCMDOJO

JULY 24, 2023

It boasts excellent infrastructure, including well-connected harbors, well-educated people, and multilingual capabilities, making it an international logistics hotspot. While it possesses the buying power of a large corporation, NUNNER focuses on providing tailor-made solutions to its customers.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 98

SCMDOJO

OCTOBER 7, 2024

It takes into account inventory levels, production, and purchasing lead times, order statuses, as well as forecasts, and customer orders that drive the master production schedule. Eventually, the name was changed to manufacturing resource planning or MRP II, which also integrates capacity planning, forecasting, and demand management.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Inventory Management Software Forecasting Software 52