Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. Which metrics do you think matter to supply chain excellence? I am behind.

Procurement Analytics 260

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 260

Talking Logistics

OCTOBER 5, 2016

As McCarthy put it, after a customer buys a bed, it’s his responsibility “to make sure we deliver it to their home brilliantly.” One key trend he pointed to is the growth in mobile transactions. Of course, e-commerce is creating new home delivery challenges and opportunities, which McCarthy discusses in the clip below.

Eliminating Excel in Purchasing 0

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Logistics Viewpoints

DECEMBER 1, 2022

Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. In 2023, consumers will be less forgiving and poised to buy from retailers whose delivery performance is commensurate with the rest of the shopping experience. Figure 1: U.S. Container Import Volume Year-over-Year Comparison. Somewhat nailed it.

Predictive Analytics Software 203

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SCMDOJO

FEBRUARY 20, 2023

To stay competitive in this challenging environment, distributors must stay abreast of new trends, advances, and changes in the supply chain and logistics landscape. This involves understanding customer buying behaviour trends, seasonal variations, production schedules, and more.

Inventory Reduction 105

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Logility

DECEMBER 28, 2020

Specifically, practitioners can use intuitive displays to drill into safety metrics, product quality, on-time delivery, cost efficiency, and much more. Over time, ineffective quality control processes will affect customer satisfaction, buying behaviors, and ultimately lead to lost market share. Separate trends from one-off outliers.

Manufacturing Procurement 130

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Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. We are making a mistake of having companies tasked with a force march to implement the “tightly integrated supply chain” that is inflexible and cannot sense market trends. Many fail.

Inventory Reduction 157

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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

Logility

DECEMBER 29, 2020

Specifically, practitioners can use intuitive displays to drill into safety metrics, product quality, on-time delivery, cost efficiency, and much more. Over time, ineffective quality control processes will affect customer satisfaction, buying behaviors, and ultimately lead to lost market share. Separate trends from one-off outliers.

Manufacturing Procurement 130

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Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. The purchase of Market6 was an effort by 84.51° to fill this gap, and in some ways it did. This helps them win repeat business and increase their sales.

Procurement Analytics 52

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Talking Logistics

APRIL 12, 2017

Logistics Excellence: Now & in the eFuture. As I wrote last June, investments are rising in Supply Chain Operating Networks and Descartes is a prime example of this trend in action — a trend that I predict will continue to gain momentum in the months and years ahead. Will this include drone deliveries?

Supply Chain Planning Software 116

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Logistics Viewpoints

DECEMBER 14, 2021

Millions of shoppers, like my Dad, are not going back to their old habits because there are now faster and more convenient ways for buying daily household needs. It excels on a union of E-Commerce mobile apps and last-mile delivery innovations. It also provides an excellent part-time employment opportunity with flexible shifts.

Supply Chain Planning Software 197

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Supply Chain Insights

JANUARY 18, 2018

Here are my predictions for 2018: Supply Chain Excellence as We Know It Is Redefined. Supply chain excellence definitions evolve as companies explore the Art of the Possible. This includes SCOR, APICs, Gartner Top 25 Supply Chains, Gartner Hierachy of Metrics, etc. Confluence of Technologies. The focus will be on outcomes.

Prescriptive Analytics Software 197

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SCMDOJO

MARCH 19, 2024

This includes providing excellent customer service, so businesses can enhance customer satisfaction and loyalty. Analyze performance metrics and implement improvements to enhance efficiency. To run the department, a supply chain manager needs certain supply chain metrics and KPIs to improve performance. Enroll Now!

Optimal Sourcing 78

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 78

Unleashed

OCTOBER 16, 2023

It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. While budgetary restrictions can stop you from taking advantage of volume discounts offered through bulk purchasing, holding too much inventory ties up cash flow that could be better used elsewhere in the business.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. ERP analytics also facilitate the management of the purchasing process through the requisition approval workflow, streamlining procurement activities.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

SCMDOJO

JULY 3, 2023

Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. What is procurement and purchasing Lesson 2. Trends and tendencies in procurement Lesson 3. Procurement and Purchasing Cycle Lesson 7. Make or Buy decision Lesson 3.

Purchasing Training 82

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Supply Chain Shaman

JULY 5, 2016

19 average) and 3 times better ROIC for the period (33% versus P&G’s 11%), note that none of these three household products companies made progress on supply chain excellence in the period of 2013-2015. P&G’s rate of improvement on the Metrics That Matter was lower than the peer group. 21 versus P&G’s.19

Supply Chain Planning Software 150

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SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. This is achieved by helping business owners determine the right time to restock their items or purchase materials for production.

Inventory Reduction 83

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Talking Logistics

NOVEMBER 10, 2014

I also shared with them my view that companies will ultimately find opportunities for supply chain innovation at the intersection of Software, B2B Connectivity, and Social Networking — a trend best illustrated by the rise of Supply Chain Operating Networks (SCONs). How are companies using SCONs in the real world?

Optimal Sourcing 172

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Supply Chain Game Changer

AUGUST 30, 2021

Goldratt and Jeff Cox convey lessons in improving processes and operational excellence through a story about a small-town factory that’s heading for disaster. Research physicist Dr. Alex Hoffman creates VIXAL-4, a machine that monitors investments and trades instinctively after analyzing news stories and market trends.

Agile and Lean Supply Chain 92

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Precoro

JUNE 6, 2022

Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. Retail shops are vendors for each individual customer buying sneakers. It would make more sense to buy lemonades rather than produce them in-house. Blurred lines. You might have wondered.

Manufacturing Procurement 98

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Arena Solutions

OCTOBER 12, 2023

Leveraging internal audits to align quality management with key business metrics When asked what are the benefits of conducting an internal audit? Christine said, “I have used internal audits as the baseline to improve our overall business metrics. Christine, what’s the first thing a team should do?

Quality 110

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Unleashed

DECEMBER 2, 2020

A carefully calculated reorder point is therefore critical to good stock control, and keeps your key metrics looking healthy for your next inventory report. Calculating the reorder point in Excel. Calculating the reorder point in Excel – a caveat. Reorder Point = (4 bags used x 3 days lead time) + 38 bags.

Procurement Analytics 85

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GlobalTranz

OCTOBER 20, 2017

Amazon contributed to the push for white glove service in last mile eCommerce logistics with its focus on speed of delivery, especially among Amazon Prime benefits, of same-day or next-day delivery for eligible purchases. Leveraging Metrics, Shippers Find Better Ways to Excel at Customer Service and Last Mile Services.

Logistics Network Optimization Software 122

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Elementum

FEBRUARY 7, 2024

Procurement: Automated Procurement Processes AI enhances procurement by automating supplier selection, contract management, and purchase order processing. By analyzing customer data, AI identifies trends and behaviors, enabling targeted engagement strategies that improve retention and lifetime value.

Sourcing Strategies 78

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Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). Note the general trend of improvement. Meet Ernest. Step Two: Rationalize, Localize.

Supply Chain Software 30

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Enterra Insights

JUNE 24, 2022

This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.” Barcodes play a central role in giving companies the visibility they need to control costs and provide an excellent customer experience.”

Supply Chain Design Software 130

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Unleashed

JANUARY 24, 2022

For example, you may look after PPE and office equipment in-house but have a supplier of maintenance equipment monitor this inventory on your behalf who raises purchase orders when stocks are low. Identify identical or similar MRO inventory stock items to determine if spending can be reduced through bulk purchases.

Inventory Reduction 98

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Supply Chain Game Changer

MAY 27, 2022

In this way, you will position yourself better in the market, because customers will know why they should buy from you. A target audience is a group of people most likely to be interested in buying your products. You can use SWOT analysis with market trends, competition, and buying habits to gather information for the next step.

Sourcing Strategies 90

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

NC State SCRC

JULY 14, 2024

This has resulted in increased activity for firms that monitor supply chain riskssuch as Resilinc , Risk Metrics , and Everstream Analytics. An automotive organization described how its supply risk Center of Excellence has expanded significantly, due to the recent challenges associated with supplying its production line in the last two years.

Supply Chain Planning Software 59

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Zipline Logistics

FEBRUARY 9, 2021

Logistics data refers to the metrics used to track, measure, and benchmark parts of your supply chain’s performance. Data is particularly influential when dealing with trends and new demands as they emerge in retail delivery and supply chain management. What is Logistics Data? Total Transportation Spend.

Optimal Sourcing 52

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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. Track the trends. How easy is it to buy from your company?

Supply Chain Design Software 150

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Supply Chain Shaman

DECEMBER 26, 2012

This includes the automation of path-to-purchase for consumer products, active shaping of demand through price, channel incentives and promotions, eCouponing and mobile commerce for retail, and product proliferation for all. (You As I work with these companies, I am noting a trend. For me, it is the end of a fairy tale.

Manufacturing Procurement 189

Manufacturing Procurement Purchasing Skills Modeling Supply Chain Design 189

BlueYonder

JANUARY 31, 2023

The visibility will include not just the short-term purchase order or ASN-level visibility, but also the tactical kind of forecast collaboration with the suppliers. If the organization is used to doing certain things in Excel, just automating the same process will not be sufficient.

Automotive 86

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Supply Chain Shaman

JANUARY 18, 2016

Customers are buying less. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. Overall Trends in Consumer Value Networks. Disintermediation.

Supply Chain Planning Software 150

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SupplyShift

JUNE 17, 2021

This helped the company focus its sustainability strategies on key international ESG issues, as well as to target metrics that investors and consumers now track. For companies struggling to prioritize or identify their overarching goals, SASB’s materiality matrix is another excellent starting place.

Material Savings 52

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SupplyShift

JUNE 17, 2021

This helped the company focus its sustainability strategies on key international ESG issues, as well as to target metrics that investors and consumers now track. For companies struggling to prioritize or identify their overarching goals, SASB’s materiality matrix is another excellent starting place. Secure Buy-In.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52