Logility

SEPTEMBER 24, 2013

You’ll note in the headline I use the preposition “of” instead of “to” when describing the “journey of Supply Chain Excellence.” The differentiator is whether Supply Chain Excellence is defined as a one-time project or as on ongoing process. Circuit City failed to adapt and is now history.

Eliminating Excel in Purchasing 100

Eliminating Excel in Purchasing Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 100

Supply Chain Insights

JANUARY 18, 2018

For the purposes of clarity, in this article, the term digital supply chain is the transformation of the atoms and electrons within the supply chain to unleash new levels of value. Here are my predictions for 2018: Supply Chain Excellence as We Know It Is Redefined. It feels a bit like tulip mania. Confluence of Technologies.

Prescriptive Analytics Software 197

Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 197

Supply Chain Shaman

JUNE 14, 2014

I want to be part of the evolution that helps leaders to redefine strategies based on the changing physics, electronics and capabilities in value networks. I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. High-Tech and Electronic Supply Networks.

Manufacturing Procurement 290

Manufacturing Procurement Optimal Sourcing Procurement Analytics Modeling 290

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. Foundational to supply chain excellence is the reliability of delivery, quality, and service. The Sleep Number Story of Supply Chain Excellence.

Customer Service 312

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 312

Supply Chain Shaman

FEBRUARY 27, 2020

Older men buy less underwear than younger males and their packaging was not as attractive to the female shopper buying for the family. The company sold on Amazon, operated its own website, managed outlet stores, and could purchase end-aisle displays in major retail chains. A second story is of an electronic distributor.

Analytics Software 247

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 247

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. How can you use electronic payment methods to get better terms? Customization?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

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. They are the most prevalent in the consumer electronics industry. Customer-Centric Supply Chain Processes. The Building Blocks.

Material Savings 191

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 191

Supply Chain Shaman

NOVEMBER 14, 2016

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. To meet the criteria for The Supply Chains to Admire for 2016, companies needed to score better than their peer group average for performance metrics, while driving a higher level of improvement than 2/3 of their industry peer group.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals. Subscribe Here! Email Address.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

SCMDOJO

AUGUST 10, 2024

Moreover, they help them track their performance against key metrics and identify areas where they can improve. Watch how to use this Logistics KPI Dashboard Excel Template by SCMDOJO Conclusion for Improving Logistical Efficiency In conclusion, optimizing logistical efficiency requires a holistic approach that encompasses various strategies.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Strategies Resource Reduction Inventory Reduction 98

GlobalTranz

DECEMBER 18, 2015

No Purchase Orders were used. However, one thing that should come to mind is the prowess of the retail giant's supply chain excellence. Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process. These metrics should be reviewed frequently to ensure supply chain success.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain Optimization 120

Unleashed

NOVEMBER 26, 2020

How to calculate Safety Stock levels in Excel. You can calculate safety stock levels in Excel by setting up your spreadsheet as per the image below. The safety stock formula can be calculated in Excel with a simple table. Column E is the average number of days it takes to receive goods of that type once you place a new order.

Examples 98

Examples Manufacturing Procurement How To Eliminating Excel in Purchasing 98

BlueYonder

MAY 18, 2023

More recently we hear about the lack of or inability to supply semiconductors due to lockdowns in areas that produce them, which means we couldn’t get the electronics we want, such as new smartphones or even cars, or that the prices of those had risen significantly. This in the end will decrease carbon impact and help towards net zero goals.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Supply Chain Network Software 88

Supply Chain Game Changer

OCTOBER 1, 2022

What You Need to Know About Electronic Logging Devices (ELDs)! Having an excellent business fleet is one of the secrets of highly successful companies. A functional digital tachograph can measure significant metrics like speed, driving time, and driver’s activity. Subscribe to Supply Chain Game Changer.

Supply Chain Software 97

Supply Chain Software Logistics Network Optimization Software Procurement Solutions Tools 97

Supply Chain Game Changer

NOVEMBER 5, 2019

In fact it is often such a forgotten category that operations personnel are often left to fend for themselves in buying and securing supply. As such it can, out of necessity, become a source of rogue buying behaviour and risky purchases. But this is excellent experience and a great development platform.

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 84

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. A further 41% said they buy multiple versions of the same item with the intent of returning some of them. Eileen Fisher Renew is an excellent example of the reverse logistics process in action.

Reverse Logistics 98

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

Kinaxis

MAY 18, 2016

Procurement might have hit their cost savings metrics, but if it meant purchasing more than needed, and that might hurt your warehouse inventories. Today, I don’t deal with the product as much as a service provider, but I have electronics companies, I have consumer goods companies, and I have manufacturing companies that I work with.

Supply Chain Software 100

Supply Chain Software Gartner Supply Chain Planning Software Agile and Lean Supply Chain 100

Logistics Bureau

DECEMBER 20, 2021

The one thing they all have in common is that, under the right circumstances, they are more than merely valuable metrics. The inventory turns KPI is the metric that provides this information. In checking the electronic records, the team finds that 3174 units perfectly match the physical stock. 1: Inventory Turns.

Inventory Reduction 98

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 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

ThroughPut

NOVEMBER 12, 2020

Dearth of continuous improvement to drive for excellence in warehouse operations Scarcity of end-to-end perspectives in processes, costs, or external supply chain interfaces. However, this can be avoided by using electronic advanced shipping notifications within the purchase order and inventory management functions.

Warehousing 52

Warehousing Expense Reduction Supply Chain Design Software Inventory Reduction 52

6 River Systems

JUNE 29, 2020

“The pandemic, however, is affecting supply chains in the aircraft, automobile, electronic products, hospitality, medical, pharmaceutical, retail, technology, travel, and personal service/support industries.” ” — Understanding Supply Chain Excellence , Michigan State University; Twitter: @michiganstateu 33.

Supply Chain Planning Software 116

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

SCMDOJO

AUGUST 4, 2023

For instance, through the implementation of Electronic Data Interchange (EDI), a business can reduce its needed cycle stock by $5 million. But times are changing, the use of reduce inventory offers more quality and useful performance metrics. The ensuing lower expense from reducing inventory will deliver more profit.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 98

Unleashed

FEBRUARY 9, 2023

Amazon wholesaling is a business model in which products are purchased in bulk, directly from the distributor or manufacturer, and then sold through the Amazon platform to customers at a higher price. Amazon wholesaling works by purchasing existing branded products in bulk quantities and reselling them through the Amazon marketplace.

Inventory Management Software 52

Inventory Management Software Modeling Software Supply Chain Design Software Purchasing Skills 52

Unleashed

MAY 20, 2024

Unstable market conditions, client destocking, and the Red Sea crisis – in combination with the rise of average purchasing costs – are responsible for the recent drop in manufacturing PMI , according to data provider S&P Global. UK & US manufacturing sectors shrink as costs rise, new orders fall. Forecast demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software S&OP Logistics Network Optimization Software 52

6 River Systems

DECEMBER 11, 2018

Create an adaptive unified buying process. “If you look at the typical buying process, it is bifurcated based on geography. If I am going to buy goods from this geography, then I use this process. At the very least, they should see a message indicating that the products are out of stock before they make the purchase.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

6 River Systems

JULY 25, 2019

“Currently, the biggest challenge for supply chain managers is…” Keeping up with consumers and their buying behaviors. Commodities such as produce, electronics, mail and military FAK require updates as often as hourly. She is now an Editor at Aggregage for the site Supply Chain Brief.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

3rdwave

JANUARY 23, 2019

Logistics is a highly procedural function with clearly defined responsibilities and performance metrics. Automated digital acquisition and auditing of all operations data required to support the Logistics activity – i.e. Purchase Orders, Advance Ship Notices, Packing List, Bills of Lading, Commercial Invoices, supporting documents, etc.),

Logistics Network Optimization Software 86

Logistics Network Optimization Software Transportation Logistics Optimal Sourcing 86

NC State SCRC

APRIL 20, 2016

.’ The kid’s name was Dan Bricklin and he joined with Bob Frankson to start a company called Visicorp that became Visicalc …and what he had just showed me was the first spreadsheet in the world, which eventually became the foundation for Excel, one of the most applied tools in the world.” I believe all technology commoditizes.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Purchasing Skills Analytics Software 40

Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). VBP also improves patient satisfaction by fostering greater collaboration among healthcare providers and making the patient experience one of the key evaluation metrics for hospitals.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

Supply Chain Game Changer

NOVEMBER 17, 2018

From clothing to electronics to toiletries, you can find almost anything on Amazon. Always check the purchase price of the item you want to sell in the Amazon Revenue Calculator to see how much profit you will make after Amazon assesses their fees. Winning the Buy Box (and How You Can Lose). Calculating Revenue. Order UPC Codes.

Negotiate Pricing 43

Negotiate Pricing Negotiating Skills Purchasing Skills How To 43

Supply Chain Game Changer

NOVEMBER 25, 2018

Samsung Electronics. I don’t for one second deny that the companies on the list have great supply chains, but there are so many advances in Supply Chain technology, talent, skills and capabilities that it is hard to believe that all of this excellence is restricted to the same group of 20 companies year after year after year.

Gartner 60

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 60

NC State SCRC

DECEMBER 28, 2015

As people conduct more and more transactions electronically, whether it’s consumers on Amazon or organizational buyers on Ariba, Coupa, or other P2P solutions, the relational component of supply chains seems to be going down. UPS and FedEx both saw package volumes soar by 17% or more during the Christmas season over last year).

Predictive Analytics Software 40

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 40

Material Handling & Logistics

JUNE 25, 2018

Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. So the CSR score too is more of a popularity contest than a consistent metric. Samsung Electronics. Printer-friendly version. Media Type. Media Credit. Privacy Settings. anonymous user.

Gartner 81

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 81

Supply Chain Game Changer

JANUARY 14, 2020

Samsung Electronics. I don’t for one second deny that the companies on the list have great supply chains, but there are so many advances in Supply Chain technology, talent, skills and capabilities that it is hard to believe that all of this excellence is restricted to the same group of 20 companies year after year after year.

Gartner 10

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 10

6 River Systems

FEBRUARY 25, 2019

I am buying a sheep and goat farm alongside a larger space for a garment factory so that I can control where the cashmere and wool is coming from, how it is processed and how it is manufactured before it is sent to my customers. If you want to optimize your supply chain, the way to do it best isn’t to buy some fancy new machine.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

ShipBob

NOVEMBER 6, 2023

Match invoices to shipping log You’ll want to double check your purchase orders or invoices against your shipping log to make sure there aren’t any discrepancies. Using technology that keeps inventory counts synced in real-time rather than using something static like Excel helps with the following. 3PLs like ShipBob help with this.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52