Logility

AUGUST 5, 2021

Integrated business planning ( IBP ) is gaining a lot of traction as more companies seek to advance their sales and operations planning (S&OP) process. For example: Verify your strategy. What are your long-term goals?

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

Supply Chain Shaman

AUGUST 12, 2024

I would like for us to move past the conventional view of sourcing strategies and globalization to drive improvements to the supply chain in a variable world. The populist narrative of sourcing globalization is only part of the story. So far, I have interviewed twenty companies. Let me explain. Forecastability.

Waste Reduction 195

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

Logistics Viewpoints

OCTOBER 28, 2024

The EY research suggests that at many companies, that opportunity is receding. Prepandemic r esearch by the McKinsey Global Institute found that, on average, companies experience a disruption of one to two months in duration every 3.7 net promoter score or similar metric) as a supply chain KPI.

Supply Chain Execution 223

Supply Chain Execution Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy 223

Jaggaer

JULY 4, 2024

Christian Heinrich, Co-Founder and Managing Director, c arbmee The 80% Challenge I was recently delighted to participate in a JAGGAER live webinar focused on the introduction, in recent years, of carbon emissions measurement as a factor in strategic sourcing. Consequently, all departments in the company are tasked to reduce emissions.

Manufacturing Procurement 59

Manufacturing Procurement Sourcing Strategies Purchasing Skills Cost Reduction Strategies 59

Silvon Software

JULY 22, 2022

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Supply chain metrics provide the intelligence needed to make better projections and more informed choices in such a market.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

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. What is procurement? Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Jaggaer

JULY 10, 2024

Proven Techniques from Source to Contract By Georg Roesch, VP Direct Procurement In our recent guest article, Prof. Christian Heinrich, Co-Founder and Managing Director, carbmee, described “the 80% challenge” faced by manufacturing companies. from source to contract). Spend management: It begins here in most organizations.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 52

Precoro

MAY 19, 2023

A transparent and well-controlled supply chain plays a crucial role in a company’s success. To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly.

Procurement Analytics 68

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 68

QAD

JUNE 25, 2019

It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Inventory Turns: This represents the number of times a company sells and replaces its stock of goods during a given period. Using Metrics to Measure the Health of the Business.

Procurement Analytics 111

Procurement Analytics Metrics Inventory Reduction Inventory 111

Logistics Viewpoints

JANUARY 31, 2024

As regulations across the globe strengthen, the pressure to collect, report, and organize emission-related metrics has never been higher. This added responsibility for companies will have lasting effects on business operations, corporate partnerships, supply chain logistics, compliance requirements, and data integrity.

Report 284

Report Data Material Savings Manufacturing Procurement 284

Supply Chain Shaman

OCTOBER 16, 2023

For most companies, building a great S&OP process is a missed opportunity. Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. Most companies buy decision support technology, but do not redefine work to improve decisions. I write this post as a guide. Drives Value.

S&OP 336

S&OP Supply and Demand Forecasting Supply Chain Design Software 336

Supply Chain Shaman

APRIL 27, 2022

Executive teams strive to drive improvement in supply chain results; yet, sadly, only four percent of public companies succeed. In this area of research, I find that companies are like dogs chasing cars. The grass is always greener at another company. Now, I view the company as a supply chain laggard. The reason?

Procurement Analytics 341

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 341

QAD

MARCH 28, 2019

Very little has more impact on a company’s success than customer satisfaction. Most people realize that on-time delivery plays a key role in how business’ satisfy customer needs, but customer satisfaction can be an expensive undertaking if the company doesn’t manage all aspects of customer service and the business processes that affect them.

Customer Service 99

Customer Service Metrics Forecasting Forecasting Software 99

Unleashed

JANUARY 4, 2024

Product sourcing, done the right way, can set your business up with the foundations needed for achieving maximum sales. This guide will explain how product sourcing works in modern business, best practices for finding suppliers, and list some of the most popular websites and tools for sourcing goods to sell.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 52

Supply Chain Shaman

MAY 25, 2024

The use of orbit charts allowed me to see the patterns of performance at the intersection of metrics over time. This data source synchronizes corporate reporting across global markets while tracking restatements, name changes, and currency shifts.) The company underperforms on margin. We purchase data from Y charts. (A

Eliminating Excel in Purchasing 321

Eliminating Excel in Purchasing Gartner Supply Chain Design Supply Chain Strategy 321

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. The handful of companies in the top quartile of working capital performance had working capital expenditures as a percentage of overall revenues of between 6% and 10%. 10 Soft Metric Considerations in Measuring Supply Chain Performance. Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

ToolsGroup

JUNE 2, 2023

Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. The larger the company, the greater the danger of duplicative, conflicting, or siloed systems. That’s not good news for a company’s bottom line (or for the environment ).

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

SCMDOJO

OCTOBER 30, 2024

Search engine optimizations is one of the best digital marketing hacks out there for your industry since it helps buyers hunting for a transportation and logistics company find you online – and you don’t have to pay for PPC advertising. Its clients tend to use companies based nearby.

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Optimal Sourcing Logistics Network Optimization Software 52

ModusLink Corporation

SEPTEMBER 7, 2023

Supply Chain Management: Supply chain management takes on a comprehensive role in overseeing the entire journey of products, from their origin as raw materials or components through the stages of production, sourcing, and ultimately, final distribution to end customers.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Supply Chain Management: Supply chain management takes on a comprehensive role in overseeing the entire journey of products, from their origin as raw materials or components through the stages of production, sourcing, and ultimately, final distribution to end customers.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Supply Chain Management: Supply chain management takes on a comprehensive role in overseeing the entire journey of products, from their origin as raw materials or components through the stages of production, sourcing, and ultimately, final distribution to end customers.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. Companies needed quicker answers with better insights, but current organizational processes are slow, putting supply chains on the back foot. Build in-market sourcing. Companies participating get a copy of the results.

Supply Chain Planning Software 390

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 390

Logistics Viewpoints

JULY 23, 2024

While it might be theoretically possible to monitor weather patterns on Mars, unless your company has interplanetary operations or dependencies, that data’s not going to be relevant for managing your supply chain! ERP, CRM, SCM), external sources (e.g., ERP, CRM, SCM), external sources (e.g., sensors, RFID tags).

Optimal Sourcing 268

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 268

Supply Chain Shaman

DECEMBER 15, 2022

” In this work, my observation is that large companies have a more difficult journey to drive organizational alignment, than smaller companies. Companies became less clear on the definition of supply chain excellence and how to implement decision support technologies. Functional Metrics. False Beliefs.

Manufacturing Procurement 394

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 394

Logistics Viewpoints

JULY 7, 2022

Customers, investors, and regulatory agencies are demanding that companies actively address the climate crisis. These include: Challenges getting ESG metrics from suppliers, partners, and other third parties. Time-consuming manual processes to report on ESG metrics. Air and water pollution. Start with your supply chain.

Material Savings 270

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 270

Supply Chain Shaman

SEPTEMBER 28, 2022

As a result, companies are writing new case studies through their actions or inaction. The company needs to focus on the design of flows, building outside-in processes, creating an effective supplier development group, reducing complexity, and driving bi-directional orchestration to a balanced scorecard. Don’t Be Like Ford.

Manufacturing Procurement 195

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

EC Sourcing Group

JULY 26, 2022

Read on to better understand of advanced analytics, their benefits, and how they will improve your sourcing outcomes. Here are some types to consider: CPO Cockpit: Chief procurement officers acquire goods and services and use workflow management systems to meet a company’s organizational goals while reducing costs and increasing profit.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Predictive Analytics Sourcing Strategies 52

Logistics Viewpoints

DECEMBER 15, 2022

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. Automating this process and looking for exceptions for retailers and e-commerce companies benefit category managers and facilitate faster decision-making.

Optimal Sourcing 214

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 214

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. For example, are you still a minority owned company? For example, Dun & Bradstreet (D&B) publishes reports on the creditworthiness of companies. Supplier Due Diligence.

Supply Chain Network Software 249

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 249

Precoro

OCTOBER 10, 2022

Keep reading to learn in detail about the top 13 most crucial procurement metrics, how to track them, and what to focus on to drive the most value to your company. Optimize organizational spending, time, and sourcing of goods or services. What Are Procurement KPIs, and Why Use Them? Procurement KPI Categories. Cost Avoidance.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

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

NOVEMBER 20, 2024

Companies are increasingly adopting electric and hydrogen-powered vehicles to transition away from fossil fuels. Innovations in biodegradable and reusable materials, coupled with lightweight designs that reduce shipping weight, are helping companies minimize waste and lower emissions.

Waste Reduction 198

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 198

EC Sourcing Group

SEPTEMBER 6, 2022

Why You Should Choose Companies with Green Supply Chains. There is no denying that companies with green supply chains are becoming more and more the norm. It also contributes to reducing a company’s carbon footprint, which makes it more attractive to consumers. Key questions to ask include: How much waste am I producing?

Material Savings 52

Material Savings Waste Reduction Supply Chain Software Vendor Strategies 52

Supply Chain Shaman

JULY 25, 2021

Only four percent of companies outperformed their peer groups. While market potential declined, individual company performance declined faster. I strongly believe that we adopted practices in the last two decades that degraded performance and threw companies out of balance. The Focus Inside-out Supported by Functional Metrics.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Shaman

SEPTEMBER 3, 2018

” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supply chains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. Only supply chains that are agile, adaptable, and aligned provide companies with sustainable competitive advantage.”

Supply Chain Planning Software 319

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 319

Talking Logistics

AUGUST 20, 2018

The research, produced by Adelante SCM and presented by BluJay Solutions (a Talking Logistics sponsor), was conducted to explore the links between supply chain management innovation, customer experience, technology adoption, and company performance. Customer Experience: A Bigger Focus for High-Performing and Innovator Companies.

Innovation 100

Innovation Company Cost Reduction Strategies Logistics Network Optimization Software 100

Logistics Viewpoints

APRIL 21, 2021

What is the Perfect Delivery Metric? Improving on this metric will always involve a focus on people and processes, but often also includes implementing new, more robust, supply chain applications. The wrong metrics drive suboptimal behaviors and metrics can often be manipulated. What Pressures are Companies Facing?

Sourcing Strategies 266

Sourcing Strategies How To Supply Chain Design Software Supply Chain Planning Software 266