QAD

JUNE 20, 2023

Operations and manufacturing managers always look at metrics on productivity, schedule adherence, downtime and other critical production data. They can collect data on production processes, inventory levels, machine performance and other relevant metrics. It also enables better demand forecasting and planning.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 98

Jaggaer

OCTOBER 24, 2024

Enhancing collaboration pays off, both by increasing transparency with suppliers and improving the bottom line through multi-tier supply chain visibility. Leveraging advanced analytics : You can use analytics to identify top-performing suppliers as well as address any issues based on supplier performance metrics.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Supply Chain Planning Software Negotiating Skills 52

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

MARCH 28, 2016

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. The analysis needs to be measured through an evaluation of year-over-year improvements. We find that companies can improve one, but not two of the metrics. A Look at History.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 98

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

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. The questions that are most often asked are: What metrics should I use? Where do I begin?

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 84

SCMDOJO

OCTOBER 28, 2024

Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies. Risk Management: By understanding potential risks, procurement can develop contingency plans to ensure a continuous supply of materials.

S&OP 52

S&OP Optimal Sourcing Supply and Demand Material Savings 52

ivalua

AUGUST 1, 2022

In doing so, they have improved supplier collaboration and created a greater capacity for resilience, innovation, and continuous improvement. . When supplier management operates in a silo–disconnected from all other procurement processes (from sourcing to payment), it captures only a fraction of the value.

Supplier Management 130

Supplier Management Sourcing Strategies Procurement Solutions Optimal Sourcing 130

Logility

APRIL 29, 2021

It must also enable continuous improvement programs and Good Manufacturing Practices (GMP) by helping to identify areas that need improvement and create and manage corrective action plans. To gain efficiency and build resilience, collaboration between these departments should be encouraged.

Optimal Sourcing 199

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 199

BlueYonder

FEBRUARY 19, 2024

Customer Trust – Supplier Collaboration and Data-Driven Sourcing Trust forms the bedrock of success. Mutual data exchange gives rise to a data-driven sourcing strategy, benefiting all stakeholders across the buyer and supplier ecosystem. Fortifying relationships with suppliers takes center stage in this phase.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Waste Reduction Inventory Reduction 52

QAD

APRIL 13, 2023

In addition, the continued existence of product quality issues may point to increased complexities in the supply chain, limited innovation in manufacturing, inadequate adoption of modern manufacturing technologies and robust quality management systems.

Pharmaceutical 98

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 98

Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health, a global manufacturer and distributor of medical, surgical and laboratory products, is focused on continuous improvement of service. Global logistics leaders wanted to improve service levels, lower costs, and fortify Cardinal Health’s supply chain planning process.

Supply Chain Planning Software 190

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 190

SCMDOJO

OCTOBER 7, 2024

The holistic approach requires that accentuates the role of Cost Efficiency vs Cost Effectiveness in every aspect of the supply chain, from planning, sourcing, and operations, to logistics and distribution. Cost and profitability are the vital component of any successful business.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Cost Reduction Strategies Optimal Sourcing 52

Jaggaer

OCTOBER 23, 2024

ESG Sustainability Reporting As procurement’s intelligent source-to-pay and supplier collaboration platform, JAGGAER One enables customers and stakeholders to achieve their environmental, social, and governance (ESG) objectives by simplifying, automating, and embedding sustainability principles directly into our software solutions.

Sustainability 52

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

Logility

APRIL 5, 2022

This should include: Progress made The outcome and effectiveness of any completed actions Metrics that track action performance and effectiveness . The goal of any SCAR and a corresponding CAP is continuous improvement. What is the schedule of planned reviews to ensure plans are being implemented as scheduled?

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 130

Elementum

FEBRUARY 7, 2024

Measuring Automation Success Evaluating the effectiveness of business process automation through AI requires a focus on specific metrics and their influence on organizational goals. These evaluations should guide towards continuous improvement.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

QAD

AUGUST 12, 2021

Let’s cover just three areas where ERP drives greater sustainability: Responsible Sourcing – Manufacturing ERP systems support efforts to identify responsible, sustainable sources of materials. It’s a constant area of focus to eliminate waste throughout an organization and drive continuous improvement.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

OptiProERP

APRIL 9, 2024

Continuous improvement initiatives help enhance product quality and customer satisfaction. Use dashboard reporting and analytics tools to track performance metrics in real-time and identify areas for improvement. Quality Assurance Quality assurance ensures that products meet predefined quality criteria.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Arena Solutions

APRIL 9, 2024

Then, escalating issues back to Arena PLM closes the quality loop, allowing you to flow corrective actions back to design for continuous improvement. As Arena PLM and ION Factory OS exchange data back and forth, upstream and downstream coordination opens up new opportunities for continuous improvement.

Manufacturing Procurement 107

Manufacturing Procurement Supply Chain Design Software Manufacturing Analytics Software 107

Jaggaer

OCTOBER 24, 2024

Furthermore, you can provide assistance through efficient communication and encouragement combined with SRM or supplier development. 6: Leverage Technology for Streamlined Processes With a n intelligent, purpose-built source-to-pay (S2P) and supplier collaboration platform , you can cover every aspect of your end-to-end S2P lifecycle.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Prescriptive Analytics Software Supply Chain Design Software 52

Jaggaer

OCTOBER 24, 2024

This might involve collaborating on capacity planning, logistics optimization, and exploring new sourcing opportunities that align with your expansion strategy. As an innovator you probably rely on suppliers as a source of innovation in their own right, or to contribute to your efforts to develop breakthrough products and services.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Strategies Inventory Reduction Resource Reduction 52

Supply Chain Shaman

JUNE 15, 2018

The field of supply chain management–combining source, make and deliver–into a common process started in 1982. Figure 1: Supply Chain Metrics Are a Balancing Act. The metrics shown in Figure 1 are difficult to improve together. Most companies improve singular metrics but are not able to drive portfolio.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

ToolsGroup

JULY 10, 2018

It often employs statistical metrics like MAPE (mean average percentage error), which has hit a wall in recent years due to increased demand volatility and this approach's mostly backward-facing nature. Data sources for the forecast can include planned sales orders, customer contracts and intercompany standing orders. Demand Sensing.

Supply and Demand 192

Supply and Demand Demand Planning Software Forecasting Forecasting Software 192

Silvon Software

APRIL 18, 2023

While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? Each requires its own portfolio of metrics. How do we get buy-in around the organization?

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 64

Logistics Viewpoints

APRIL 4, 2022

They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion. The company also needs to drive cash efficiency and improved productivity. Being able to look at a service failure and get down to root causes is necessary for continuous improvement. But even multi-sourcing is not enough.

Supply Chain Transformation 216

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 216

EC Sourcing Group

MARCH 12, 2023

A supplier scorecard is the result of supplier analysis based on a set of key performance indicators and metrics. Steps for building a supplier scorecard: Focus on the purpose of the scorecard by recognizing and determining the right measures and metrics, or, your KPI’s.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

QAD

AUGUST 28, 2024

Developing a methodology for creating metrics that drive both desired behaviors and decision-making is vital to any business’ success. A closed loop S&OP system enables corporations to make decisions based on a single source of truth. DXM metrics drive accountability across an organization.

S&OP 52

S&OP Supply and Demand Meeting Optimal Sourcing 52

Operations and Supply Chain Management

NOVEMBER 21, 2023

It also facilitates inputs from various external sources, including suppliers and customers, which can help synchronize schedules and improve planning accuracy. 5 Continuously improve: Concurrent planning is an iterative process that requires continuous improvement.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Supply Chain Planning Optimal Sourcing 40

Supply Chain Shaman

SEPTEMBER 2, 2016

The focus cannot be about only continuous improvement of existing processes. Culturally companies need to bridge the difference between a traditional focus on continuous improvement and the need to drive a disruption. Pick five-to-seven balanced metrics and hold all functions accountable to these corporate metrics.

Supply Chain Planning Software 0

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

Adexa

JULY 17, 2023

By leveraging advanced analytics techniques, organizations can gain valuable insights into demand patterns, customer behavior, operational performance, and other key metrics. These insights help identify trends, optimize processes, and make informed strategic decisions to drive continuous improvement and competitive advantage.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98

ThroughPut

MAY 22, 2024

Following this, data sources are identified and shared, and success metrics and business outcomes are defined so that everyone works toward the same goals. Step 3: Metric Selection During the next step, we focus on validating key metrics. can provide tangible indicators of success.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Inventory Reduction 52

SCMDOJO

AUGUST 15, 2024

Improved visibility into email performance metrics can further guide customer engagement strategies. By analyzing open rates, click-through rates, and conversion statistics, retailers can refine their approaches and continually optimize their messaging.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Software Analytics Software Forecasting Software 98

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

Silvon Software

APRIL 18, 2024

Here’s a quick glimpse at how: Automated Data Integration : AI can automate the integration of data from multiple sources, recognizing and aligning similar data fields automatically. For example, using real-time analytics to monitor product quality during manufacturing and trigger alerts if metrics fall outside acceptable ranges.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59