GlobalTranz

JULY 28, 2021

That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. Leveraging data for continuous improvement makes transportation optimization more synonymous with managed transportation.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Supply Chain Shaman

OCTOBER 1, 2013

OI has been more focused on transactional efficiency, procurement and IT standardization. As I write my new book, Metrics That Matter, I am studying the patterns of corporate performance based on choices in supply chain program execution. It cannot be about singular metrics. Owens Illinois (OI), a $6.3 Conscious Choice.

Illinois 253

Illinois Waste Reduction S&OP Supply Chain Planning Software 253

RFgen

NOVEMBER 27, 2024

Supply chain optimization is crucial for enhancing efficiency and cost-effectiveness by providing end-to-end visibility, aligning with demand forecasts, and continuously improving processes through technology and analytics. Analyzing performance trends helps you find areas to improve across your supply chain.

Optimal Sourcing 97

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 97

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Freight Sourcing Strategies 130

Supply Chain Shaman

MAY 21, 2013

By and large, they struggle to gain cross-functional alignment on process redesign to improve outcomes. They lack the understanding of continuous improvement programs and struggle with alignment. Generalize procurement of materials. Some helpful reports include: Supply Chain Metrics That Matter: The Cash-to-Cash Cycle.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

RFgen

DECEMBER 19, 2024

Production Capacity Analysis While traditional testing methods can be time-consuming and offer incomplete data, focusing on key production metrics within the manufacturing process provides more actionable insights. Consider these essential metrics: Asset Utilization: How efficiently are your machines being used?

Material Savings 82

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 82

Supply Chain Shaman

SEPTEMBER 2, 2016

Before I started doing this research, I believed procurement and manufacturing were aligned. While this is the case in 50% of the organizations, there are many organizations with large alignment gaps between finance/operations and procurement/manufacturing. The focus cannot be about only continuous improvement of existing processes.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

The Network Effect

OCTOBER 3, 2014

Today, in order to accomplish these goals, continuous improvement in global supply chain execution has become a core supply capability required by most automotive OEM’s. Repeatable processes that minimize human intervention including continuous process measurement and reporting. Supplier shipment information accuracy.

Supply Chain Network Software 195

Supply Chain Network Software Automotive Modeling Software Supply and Demand 195

Logility

APRIL 29, 2021

As global supply chains and procurement scrutiny become more and more complex, risks increase and the range of stakeholders who demand a compliant supply chain has increased from simply regulators to investors, providers, partners, consumers, and the media.

Optimal Sourcing 201

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 201

GlobalTranz

OCTOBER 6, 2021

With driver shortages still impacting the industry and continual volatility within supply and demand balances, it is more important than ever for OTR managers to get on board with remote tools and digital services, including advanced shipper TMS platforms and managed services to reduce workload. .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. Delays and congestion worsen each year, inventory strains continually affect capacity, and customer needs remain ever-changing. continued growth and success. transportation metrics ?that Focusing on the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 108

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 108

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure. Effective KPI Management Goals.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Silvon Software

JUNE 1, 2023

KPIs are essential in S&OP as they provide a quantitative framework for gaining visibility, aligning efforts, supporting decision-making, and driving continuous improvement across the business. Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics.

S&OP 111

S&OP Supply and Demand Supply Chain Planning Software Optimal Sourcing 111

Jaggaer

OCTOBER 24, 2024

Leveraging advanced analytics : You can use analytics to identify top-performing suppliers as well as address any issues based on supplier performance metrics. Analytics also help you better evaluate potential suppliers, pinpoint cost-saving opportunities, and strengthen future sourcing strategies.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Supply Chain Planning Software Negotiating Skills 52

Supply Chain Shaman

AUGUST 11, 2014

Over the course of the last two years, we at Supply Chain Insight s have worked on a methodology to gauge supply chain improvement. We have found that supply chain metrics are gnarly and complicated.During I strongly believe diversity of experience and thought leads to improved performance. We named it the Supply Chain Index.

Case Study 287

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 287

GlobalTranz

DECEMBER 29, 2014

Warehouse Metrics to Track to Improve Profitability and Operations : Today’s warehouse managers often accrue massive amounts of performance data, but sometimes find they can apply little of it toward making productivity gains or customer service improvements. Use them to continuously improve your organization.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Jaggaer

OCTOBER 24, 2024

The Art of Supplier Collaboration: Best Practices to Build Lasting Partnerships Dynamic market changes and global events seem to create newer demands and greater pressure on procurement professionals. These metrics allow you to assess whether your suppliers are meeting their commitments and contributing to your business objectives.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Strategies Inventory Reduction Resource Reduction 52

Jaggaer

FEBRUARY 5, 2025

These four steps constitute the downstream procure-to-pay part of the process. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration. Adoption metrics can be built into annual assessments.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiating Skills 52

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. I use a method I call managing for daily improvement or MDI. How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Industry Week, March, 2016).

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Jaggaer

OCTOBER 23, 2024

Now in 2024, JAGGAER has been awarded a Gold Medal from EcoVadis , demonstrating continuous improvement in our ESG program. We developed metrics to track progress toward DE&I goals. In 2023, JAGGAER received a Silver Medal from EcoVadis, placing us in the top 9% of our industry and the top 20% of all rated companies.

Sustainability 52

Sustainability Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Procurement Academy

SEPTEMBER 26, 2024

Whether it is creating tailored learning plans that tackle individual, unique skillsets or measuring ROI with a specific set of metrics, let’s deep dive into what makes a procurement training program drive team efficiency and achieve organizational objectives. Well-trained professionals will ultimately make better decisions.

Buyer Training 52

Buyer Training Pricing Training Purchasing Training Negotiating Skills 52

ivalua

AUGUST 1, 2022

Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. Aligning suppliers to overall Procurement and broader business strategy is critical to create sustained long-term value. . Why is Holistic Supplier Management important?

Supplier Management 130

Supplier Management Sourcing Strategies Procurement Solutions Optimal Sourcing 130

GlobalTranz

SEPTEMBER 28, 2016

2) Implement Continuous Improvement Projects ( Lean, Process Capability, Six Sigma ) with Key Strategic Suppliers to Drive Cost-Out and Supply Base Capability. . 4) Improve Materials Management Competency in Supply Base. .

Supply Chain Planning Software 120

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 120

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? Analyze performance metrics and implement improvements to enhance efficiency.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

Jaggaer

DECEMBER 13, 2024

What is Procure to Pay (P2P)? Procure-to-Pay commonly known as P2P, encompasses the entire cycle of buying activities from identifying a need for goods or services to completing payment to a supplier. A well-managed P2P process improves operational efficiency, controls costs, and enhances compliance with procurement policies.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

Procurement Academy

JANUARY 9, 2025

It incorporates disciplines such as procurement, logistics, and inventory management to create a cohesive and competitive supply chain. Select agreed-upon metrics such as material quality or delivery time and monitor as often as possible. Ensure youre continually improving and innovating to stay ahead of your competitors.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Sourcing Strategies Optimal Sourcing 52

Precoro

FEBRUARY 26, 2024

For procurement professionals, systemizing and optimizing cost centers is not just a matter of financial management; it's a strategic task for driving efficiency, controlling costs, and enhancing overall performance. In this article, we delve into the intricacies of cost centers and explore strategies for improvement.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

SCMDOJO

JUNE 6, 2023

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. One such tool is the Logistics KPI Dashboard Excel Template, which provides data on key metrics and helps identify areas for improvement.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 105

GlobalTranz

OCTOBER 19, 2015

And Understanding & Visibility into the Data in Transportation for Continuous Improvement. Creating an Effective Transportation Management Program Run by Metrics. Speaking of metrics.Utilizing the right metrics to monitor the health of your transportation footprint and network are critical.

Transportation Management 120

Transportation Management Resource Reduction Cost Reduction Strategies Optimal Sourcing 120

Synovos

OCTOBER 30, 2023

It is our responsibility to know their business inherently and introduce new savings opportunities and continuous improvements to continue driving those savings. There are 14 other sites that receive procurement support. That is exactly what we did.” Target is 98% but COVID-related supply chain disruptions caused a dip.

Material Savings 105

Material Savings Manufacturing Procurement Packaging Vendor Strategies 105

Supply Chain Shaman

JUNE 21, 2016

The metrics reward functional thinking. The focus of APICS is manufacturing, CSCMP’s foundation is in logistics, and ISM serves the procurement organization. Insights on leadership, continuous improvement and talent development for emerging markets. This is also true of many of the organizations within supply chain.

Supply Chain Design Software 166

Supply Chain Design Software Supply Chain Planning Software Network Design Software Modeling 166

Logistics Bureau

APRIL 4, 2022

Alternatively, you can procure access to a digital freight benchmarking platform. The Pros and Cons of Procuring a Benchmarking Tool. You’ll also need to procure the most suitable platform for your freight benchmarking needs. 4: Use Standardised Metrics. That’s the first question to ask.

Benchmarking 96

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 96

Supply Chain Shaman

AUGUST 21, 2016

For most companies, greater economy of scale is possible through the global management of procurement and transportation and local management of sales, manufacturing and customer service. I shared the recent research on how an effective S&OP process improves Market Price to Tangible Book Value. We hope to see you there!

S&OP 150

S&OP Supply and Demand Supply Chain Planning Software Price Reduction 150

Talking Logistics

FEBRUARY 4, 2016

For companies focused on continuous improvement, MDI is the springboard to answering how processes can be improved, and LSS provides the tools to implement these improvements. Continuous Improvement from the Bottom Up. So, how can you put this mechanism into action?

Six Sigma 100

Six Sigma Optimal Sourcing Agile and Lean Supply Chain Logistics Network Optimization Software 100

GlobalTranz

JUNE 2, 2016

Procurement can have a supplier embedded in their location as well. It would mean joint problem solving/joint idea sessions/brainstorming continuous improvement and co-creation. the embedded 3PL/Company Representative looks across the customer’s entire business and asks “How do I drive overall supply chain efficiency?”

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120