Logility

JANUARY 26, 2017

The late consultant, educator, and author, Peter Drucker, is often quoted as saying "you can't manage what you can't measure.” The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Supply Chain Movement

AUGUST 31, 2016

The procurement Summit 2016. Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors. Procurement Automation.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Procurement Internet of things 60

Elementum

FEBRUARY 7, 2024

Integration Tools: Software solutions like no-code development tools unify distinct systems, ensuring they work cohesively. By leveraging digital tools, businesses can automate mundane tasks, reduce errors, and allocate human talent to areas where strategic thinking and creativity are needed most.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

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

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

NC State SCRC

SEPTEMBER 13, 2016

This month’s Inside Supply Management published by the Institute for Supply Management features an article announcing the launch of a study being undertaken by the Center for Advanced Purchasing on the evolution of procurement analytics. What sources of data must be developed and adopted to support these analytical solutions?

Procurement Analytics 40

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 40

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. This is very much the core of Supply Chain education and certification as well. It begins with Education and Certification. (Infographic). Stuck in the Mechanics.

Supply Chain Design Software 92

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

Precoro

AUGUST 15, 2022

But is an ERP solution worth the investment for your business ? ERP or enterprise resource planning is software companies use to automate core business processes and integrate their functions, such as accounting, project management, procurement, and supply chain operations, into a single system. Cloud-based ERP Software.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Procurement Solutions Optimization Software 52

Supply Chain Shaman

JANUARY 2, 2023

The Company focused primarily on retail planning and wanted to extend its capabilities into a consumer products manufacturing solutions offering. In implementing planning, most of the focus in purchasing technology in the sales cycle is on optimization. The root issue is functional metrics. Models Matter.

Supply and Demand 376

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 376

GlobalTranz

DECEMBER 30, 2014

It is our mission to provide education around transportation management, trends in transportation, pertinent regulation changes and impacts on transportation, and anything related to trucking and carriers. Let’s take a look at these trucking industry trends and what kind of facts they provide. Read the Full Blog Post. Read the Full Blog Post.

Expense Reduction 232

Expense Reduction Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 232

ToolsGroup

JULY 10, 2018

Techniques range from informal methods like educated guesses to quantitative methods that analyze historical sales data. 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.

Supply and Demand 192

Supply and Demand Demand Planning Software Forecasting Forecasting Software 192

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). . We are discussing them.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Logility

JUNE 2, 2023

They help minimize inventory, streamline purchasing, optimize distribution, and enhance production efficiency while ensuring the highest level of customer service. Forecast Value Add (FVA) FVA is a potent metric measuring whether the forecasting process adds value by improving accuracy. Why is Demand Forecasting Accuracy Important?

Forecasting 130

Forecasting Modeling Forecasting Software Supply and Demand 130

Unleashed

MARCH 14, 2021

In this article, we’ll explore the ins and outs of the food supply chain, some key challenges and trends for New Zealand, Australia, UK and the US, and how the secret to successful food supply chains lies in food manufacturing software. Farmers might use one tool and their supply chain partners request that they use another.

Supply Chain Software 97

Supply Chain Software Food Manufacturing Procurement Gartner 97

Supply Chain Game Changer

SEPTEMBER 28, 2022

There are many ways to ensure conversion: Prompt the visitor to sign up for a newsletter Ask for contacts via a contact form Stimulate a purchase Getting a prospect’s email address in exchange for a piece of free, downloadable content. The simplest tool for auditing a website is Google Analytics. Analyze Competitors.

Procurement Analytics 85

Procurement Analytics Supply Chain Design Software Optimal Sourcing Analytics Software 85

Supply Chain View from the Field

OCTOBER 4, 2015

As part of the conference, I’m delivering a talk on five predictions that every procurement professional should consider. These aren’t so much “predictions”, as opportunities that procurement professionals should become aware of, and educate themselves on.

Procurement Analytics 60

Procurement Analytics Predictive Analytics Predictive Analytics Software Optimal Sourcing 60

Logistics Viewpoints

NOVEMBER 21, 2022

294 manufacturing facilities produced more than 90 million metric tons of food and beverage in 2021. Scope 2 emissions are indirect emissions from purchased energy. Over the past year the food giant’s focus has been on establishing tools and resources to support suppliers in their value chain to drive emissions reduction.

Supply Chain Design Software 209

Supply Chain Design Software Purchasing Skills North America Resource Reduction 209

ToolsGroup

JULY 10, 2018

Techniques range from informal methods like educated guesses to quantitative methods that analyze historical sales data. 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.

Supply and Demand 120

Supply and Demand Demand Planning Software Forecasting Forecasting Software 120

Logility

FEBRUARY 26, 2020

Accurate forecasts help minimize inventory, maximize production efficiency, streamline purchasing, optimize distribution, maximize customer service, ensure confidence in company financial projections. The Changing Role of the Planner. The Data Opportunity.

Forecasting 162

Forecasting Forecasting Software Optimal Sourcing Supply and Demand 162

ShipBob

APRIL 13, 2021

However, there is a wide range of metrics that you should be tracking to help your online store grow. Why ecommerce performance metrics are important. Why are ecommerce performance metrics important to your online store? KPIs are one of the most valuable tools you have for keeping your team focused, accountable, and aligned.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

Supply Chain Shaman

DECEMBER 18, 2014

The traditional tools and approaches are not up to the task. Educate all business leaders on the causality between demand latency and cost/waste. Educate all business leaders on the causality between demand latency and cost/waste. Push for new Solutions. They are sensing and shaping channel behavior. It is MUDA.

Supply and Demand 279

Supply and Demand Forecasting Supply Chain Planning Software Forecasting Software 279

Supply Chain Shaman

NOVEMBER 15, 2012

He wanted to build depth in the S&OP process; but, he had not been able to convince his management team to purchase an S&OP technology. The IT department was certain that they needed a tightly integrated business solution for S&OP and that they needed a licensed application and full-blown implementation team to get it right.

Supply Chain Planning Software 265

Supply Chain Planning Software Modeling Software Forecasting Software Demand Planning Software 265

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. Invest in Education. As you begin to see results, you will need to evaluate them against your chosen metrics.

Supply Chain Planning Software 86

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 86

Enterra Insights

MARCH 20, 2019

Gartner defines the term this way: “Business intelligence is an umbrella term that includes the applications, infrastructure and tools, and best practices that enable access to and analysis of information to improve and optimize decisions and performance.”[1] ”[6] Much of that data comes from consumers using smartphones.

Analytics Software 100

Analytics Software Predictive Analytics Software Optimization Software Procurement Analytics 100

Supply Chain Shaman

FEBRUARY 27, 2020

The company sold on Amazon, operated its own website, managed outlet stores, and could purchase end-aisle displays in major retail chains. Historically, the design of the data model drove software market positioning. Traditional decision support software applications were “functional” serving. The assumptions were: Clean data.

Analytics Software 246

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 246

Enterra Insights

AUGUST 18, 2021

He observes, “The good news is that, given our research suggests a lack of understanding rather than a complete lack of interest, the industry redoubling its efforts to educate and inform manufacturers should be able to turn this situation around. Potential Supply Chain Benefits of IoT Solutions. Demand Sensing. ”[5].

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

Supply Chain Shaman

DECEMBER 17, 2018

It is just not enough to do a software upgrade or slowly push continuous improvement projects. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. He knew Integrated Business Planning (IBP) tools were out there, but he couldn’t sell IBP within the organization.

Demand Planning Software 256

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 256

Supply Chain Game Changer

MAY 27, 2022

To do that, you can hire a professional, or you can use software to do that for you. If you want to provide the best customer experience , you need to understand their needs and offer a possible solution to their problems. You can either create Google Surveys or use other tools to help you determine customer satisfaction.

Sourcing Strategies 90

Sourcing Strategies Supply Chain Design Software Price Reduction Supply Chain Planning Software 90

QAD

JULY 28, 2022

She encourages supply chain leaders to review the 24 processes and evaluate their supply chains to identify any gaps and uncover potential solutions. Her students tend to focus on purchasing, logistics and consulting. Episode #10: Maps & Metrics.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 98

GlobalTranz

DECEMBER 29, 2014

This is why, for Cerasis, it is KEY for us to educate you on this practice of reverse logistics, because this flow of logisitcs will only increase over the coming years. Instead of becoming overwhelmed with data, managers should identify and focus on the most useful warehouse metrics to gather, report, and apply. Read the Full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Pivot88

JULY 13, 2022

Understanding your supply chain after T1 can be a difficult task - it is a significant challenge to gain visibility upstream and trace a specific purchase order or product’s complete chain of custody. This is done at the purchase order level. However, this transparency and traceability is becoming increasingly vital.

Procurement Analytics 52

Procurement Analytics Purchasing Training Retail Purchasing Skills 52

6 River Systems

NOVEMBER 30, 2020

Michael Porter, an economist, researcher and former Harvard Business School professor , wrote several books on competitive advantage that are taught widely across several disciplines in higher education today. Smart warehouse solutions can reduce picking error rates to near zero. These factors contribute to faster order shipping.

Warehousing 52

Warehousing Supply Chain Software Analytics Software Price Reduction 52

Enterra Insights

APRIL 25, 2023

Started in 2017 by Compass Group USA, Stop Food Waste Day is now recognized globally in every corner of the world as we unite to educate and ignite change.” Pandey adds, “Pay attention while you shop so you don’t over-purchase, plan meals and freeze leftovers, and figure out if you can compost your scraps.”

Waste Reduction 130

Waste Reduction Food Price Reduction Resource Reduction 130

Unleashed

NOVEMBER 5, 2023

It uses technology such as barcode scanners and barcode inventory software to improve the accuracy of your inventory management processes. A barcode inventory system is a network of hardware and software consisting primarily of mobile computers, printers, handheld scanners, infrastructure, and supporting software.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 52

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 97

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports. Finance needs education.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

GlobalTranz

JUNE 1, 2015

Educate all employees fully on new systems to be implemented. Migrate to lean manufacturing-friendly software , integrating departments and suppliers as appropriate to capacitate optimal flow of information and coordination of diverse activities. enhanced flexibility to accommodate variables in customers’ purchasing patterns.

Manufacturing Procurement 120

Manufacturing Procurement Agile and Lean Supply Chain Waste Reduction Inventory Reduction 120