Intelligent Audit

OCTOBER 19, 2022

Recent trends, from rate fluctuations to tight capacity, have underscored the need look deeper at shipping networks, whether plumbing for more efficient routes or revisiting carrier contracts. What is Shipping Data? Shipping data” refers to any underlying, quantifiable data related to any aspect of a company’s transportation structure.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Network Optimization Price Mitigation Strategies 52

Kinaxis

SEPTEMBER 6, 2016

by Dr. Madhav Durbha Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection. A few days ago, the world’s seventh largest container shipping company by volume, Hanjin Shipping, filed for bankruptcy protection. Any such event will cause congestion in the ports.

Supply Chain Planning Software 100

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

TransAudit

MAY 14, 2024

These disruptions, broadly defined as a business’s inability to receive, produce, ship, and sell products, can have far-reaching consequences. The Importance of Metrics in Supply Chain Resilience A crucial differentiator in managing supply chain disruptions effectively is the use of clear metrics to measure response effectiveness.

Supply Chain Disruption 81

Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software Cost Reduction Strategies 81

The Logistics of Logistics

JUNE 23, 2022

When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season. However, four shipping seasons occur throughout the year and are often regular and expected. That was the case until the ongoing disruptions of the past few years changed the shipping game. Weather events might also be factors.

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 239

Intelligent Audit

MARCH 30, 2022

With the continued advancements in shipping logistics and services, the rise of freight visibility is among the most critical points management must consider. Unexpected delays are most acutely felt in industries that ship vulnerable goods such as pharmaceuticals or perishable items.

Network Optimization Software 52

Network Optimization Software Logistics Network Optimization Software Freight Supply Chain Planning Software 52

BlueYonder

OCTOBER 9, 2023

We all recognize that the world’s supply chains need to operate in a sustainable manner and minimize their environmental impacts — but recent events have brought this closer to home than ever. Under normal operating conditions, the Panama Canal handles 36 to 38 ships per day. Wait times to cross the canal have increased from 2.5

Optimal Sourcing 93

Optimal Sourcing Modeling Optimization Software Supply Chain Optimization 93

Supply Chain Shaman

AUGUST 12, 2020

The first step was to charter a research project with the Arizona State University statistics department to analyze which combination of metrics drives the highest market capitalization. The research project analyzed 1200 combinations of 180 metrics for four hundred companies for the period of 2010-2012. The result? The reason?

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

Logistics Viewpoints

SEPTEMBER 19, 2023

Risk events that happen in one part of the supply chain can cause a disruptive effect that is amplified multi-fold given the complex connectivity of labor, raw materials, and capacity. Inflation, pandemics, railway strikes, adverse weather events – the supply chain disruptions keep on coming.

Supply Chain Design Software 262

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 262

Silvon Software

APRIL 8, 2022

To achieve this growth, successful manufacturers today are relying on key performance metrics and automating many aspects of their data management processes to gain valuable business insights that can be used to meet their organizations’ performance goals. The Basics of Manufacturing KPIs. 40 Manufacturing KPIs That Drive Results.

Optimal Sourcing 119

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 119

GlobalTranz

OCTOBER 6, 2021

Focusing on the transportation metrics that have the greatest impact on the supply chain can help managers stay attentive to both short-term and long-term goals and needs. . Descriptive analytics focuses on utilizing historical data to understand events that transpired and what happened within the network over a set period.

Prescriptive Analytics Software 216

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

Supply Chain Shaman

MARCH 18, 2018

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics. The Effective Frontier.

Optimal Sourcing 173

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 173

GlobalTranz

DECEMBER 8, 2021

The past two years of volatility have many logistics leaders evolving from an annual Request for Proposal or freight (RFP) event to quarterly or more frequently to accommodate the changing supply chain landscape. Introduce your company and your unique shipping needs. 10 Freight RFP Components for Success. Company background.

Freight 226

Freight Network Optimization Software Modeling Logistics Network Optimization Software 226

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Doing this, increases the benefits.

Forecasting 214

Forecasting Forecasting Software Modeling Optimal Sourcing 214

Supply Chain Matters

FEBRUARY 14, 2024

Shipping Lines Warn Red Sea Security Continues to Deteriorate Bloomberg reported last week that the CEO’s of two major shipping lines, which being Maersk and Norden, have both of the view that the security threat level of shipping traversing the Red Sea to and from the Suez Canal has continued to escalate. percent to 4.5

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

Arena Solutions

FEBRUARY 4, 2022

When unforeseen events like the COVID-19 pandemic arise, manufacturers are unable to recognize the early warning signs and respond quickly to changing conditions, part shortages, compliance issues, and other ensuing supply chain shocks. Establish and analyze key performance metrics. Establish and analyze key performance metrics.

Supply Chain Design Software 98

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

Supply Chain Shaman

OCTOBER 8, 2019

No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

GlobalTranz

FEBRUARY 25, 2021

Normally, logistics deal with events that bring the product towards the customer. The manufacturing firm would then have to organize shipping of the defective product, testing the product, dismantling, repairing, recycling or disposing the product. For instance, goods move from the customer to the distributor or to the manufacturer.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

BlueYonder

OCTOBER 20, 2022

As a report sponsor, we were honored to participate in an in-person event hosted by the MIT Center for Transportation and Logistics and CSCMP, the report authors. As I mentioned in my previous blog , one of the things we are focused on is making a better effort in community building with more customer-focused events.

Waste Reduction 88

Waste Reduction Sustainability Cost Reduction Strategies Supply Chain Design Software 88

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. and “what is a reasonable range of rates for our company’s typical shipping scenarios?”.

Benchmarking 70

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 70

Elementum

SEPTEMBER 6, 2022

Supply Chain Shortages Material scarcity was an issue long before the COVID-19 pandemic or the conflict in Europe, but the situation has undoubtedly been amplified by these events. With a growing requirement for raw materials and consumer goods, insufficient shipping capacity exacerbated cost increases.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 78

ShipBob

OCTOBER 24, 2022

Between shipping new collections for wholesale earlier in the year and Q4 madness for direct-to-consumer sales, we’ve been able to get through our heaviest seasons while staying ahead of production using ShipBob’s forecasting tools — even as order volume more than quadrupled in a year.” Our B2C and B2B order volume changes month to month.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

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. Shipping Frequency, Service Routing, Delivery Time, Compensation Clause, etc.,)

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

ToolsGroup

APRIL 1, 2022

While the industry continues to be rocked by world events, uncertainty has become the new normal. Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. Will the supply chain ever catch a break?

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

JANUARY 31, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Market inflation sits at 7%–the highest since June 1982.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

With significant supply chain challenges arising in the aftermath of such events more companies will be planning to mitigate supply chain risks in the wake of a storm. The tight capacity and shipping downtime can increase rates and severely disrupt freight flow for months. Prepare, Minimise Impact, and Mitigate Costs.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

ModusLink Corporation

OCTOBER 16, 2023

Global Reach: For businesses with international ambitions, ModusLink’s global network of partners and resources facilitates cross-border shipping, customs compliance, and international market penetration. Our 3PL expertise enables businesses to expand globally while ensuring efficient supply chain operations.

3PL 78

3PL Supply Chain Planning Software Negotiating Skills Modeling 78

GlobalTranz

SEPTEMBER 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? transportation metrics ?that

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

GlobalTranz

NOVEMBER 12, 2015

We continue our series on strategic shipping by going into detail of the 10 main areas that shippers can turn to in order to have a strategic logistics and transportation management mindset. Shipping processes revolve around a million-trucks-worth of data. Metrics and KPIs.

Continuous Improvement 120

Continuous Improvement Data Logistics Network Optimization Software Vendor Strategies 120

Intelligent Audit

APRIL 27, 2021

Demonstrating value by measurable performance relies on automated logistics, focused supply chain KPIs , and fine-tuned financial metrics. Late deliveries — customers want fast shipping that is reliable and affordable. Focus on the Metrics. So how does a modern-day supply chain team effectively demonstrate value and performance?

Supply Chain Software 52

Supply Chain Software Negotiating Skills Supply Chain Planning Software Supply Chain Optimization 52

SCMDOJO

JUNE 14, 2023

Develop a Contingency Plan Developing a contingency plan can help you quickly respond to unexpected events such as severe weather, accidents, or other disruptions. Implement Performance Metrics Implementing performance metrics can help you track the efficiency and effectiveness of your “money zone” and identify areas for improvement.

Supply Chain Optimization 105

Supply Chain Optimization Supply Chain Planning Software Supply Chain Planning Supply Chain Software 105

Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Market inflation sits at 7%–the highest since June 1982.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

SupplyPike

APRIL 1, 2020

Walmart suppliers are no longer graded on a single OTIF metric, though it is still tracked and available. Rather, you must meet each OTIF-related metric to avoid fines. Prepaid orders are shipped by you. A PO’s event code is used to determine if the PO is system-generated or manually-created. What is Lead Time?

DC 58

DC Procurement Analytics Metrics Procurement Solutions 58

Enterra Insights

MAY 24, 2021

“Trip” Tripathy, leader of Kaufman Rossin’s CEO, Board & Shareholder Business Advisory Services practice, observes, “Retail was undergoing a transformation even before the COVID-19 pandemic, and the events of the past year have only accelerated this trend, increasing pressure on business leaders to shift their strategic focus to the future.”[1]

Retail 130

Retail Modeling Supply Chain Planning Software Modeling Software 130

crisp

DECEMBER 15, 2021

These ‘ driver metrics ’ can give you an early signal to act on before your outcome is impacted. Reduced OOS is our outcome, but we still need to build out the driver metrics to understand steps leading up to it. Is the warehouse shipping goods on time? Before the warehouse, the supplier has to ship the product or raw material.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Supply Chain Shaman

MARCH 21, 2022

The pandemic was not a “risk management event.” A journey from China to Europe that takes 40 days by ship takes 15 days by rail. The congestion in China due to COVID and the repositioning from rail to ocean freight will elongate the cycles putting more pressure on ocean shipping and driving the need to rethink sourcing.

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

ShipBob

APRIL 26, 2023

How the upstream supply chain has been affected in the 2020s Global events over the past few years have greatly impacted the upstream supply chain. Even as the pandemic eased down and the global supply chain started to pick back up, other events such as the war in Ukraine began to cause other types of issues.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52