Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs. Supplier Lead Time.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

The Logistics of Logistics

MARCH 18, 2022

Tom is the CEO and Co-Founder of SourceDay , a company that integrates with ERPs to automate purchase order (PO) changes and enable supplier collaboration. Tom Kieley is the CEO and Co-Founder of SourceDay, an Austin based technology company that automates purchase order (PO) changes and enables supplier collaboration. About SourceDay.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Software Procurement Solutions Logistics Network Optimization Software 130

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105

GlobalTranz

APRIL 6, 2021

Embracing technology is part of that solution. But the rapid shift from retail to online purchasing for staples and the surge for protective equipment, as well as unanticipated products like bread makers and home-schooling items, left many retailers flatfooted. 2020 Was A Year Of Supply Chain Disruption. Overall, U.S.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

Elementum

JULY 11, 2022

Supply chain managers use project management software for tasks such as tracking progress and allocating resources on a time-sensitive project. Choosing the right project management platform isn’t a one-size-fits-all exercise because each supply chain is different.

Supply Chain Network Software 78

Supply Chain Network Software Optimization Software Procurement Solutions Demand Planning Software 78

Logistics Viewpoints

AUGUST 7, 2024

The IT realm spends a significant amount on cybersecurity and there are many large suppliers that provide solutions for cybersecurity at the IT and enterprise level. Other basic foundational tasks for setting up a good cybersecurity program include doing a good asset inventory.

Warehousing 249

Warehousing Supply Chain Network Software Supply Chain Software Analytics Software 249

ThroughPut

AUGUST 8, 2024

Overview You’ve been there time and again—inventory headaches. No matter what you do, it feels like your inventory is conspiring against you: always too much or too little, and it’s not just by chance that you find yourself in this familiar predicament. Inventory management tools, on the other hand, don’t face these particular issues.

Inventory Management Software 52

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

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

Vendor Strategies 120

Vendor Strategies Cost Reduction Strategies Inventory Reduction Waste Reduction 120

Talking Logistics

MAY 22, 2016

Author’s Note: The following is the forward I wrote for a new textbook published by MercuryGate (a Talking Logistics sponsor) on “ Modern Technology for Transportation Optimization ,” which is available for purchase on Amazon.com. Another misperception is that optimization solutions are too expensive to implement.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Modeling Supply Chain Optimization 126

DELMIA Quintiq

DECEMBER 14, 2015

And the moment you become comfortable with a solution, the sales and marketing people come up with yet another sales channel through which the customers can buy … just not the channel through which they can return an unwanted purchase. A simple solution is to provide pre-printed shipping labels.

Reverse Logistics 120

Reverse Logistics Modeling Logistics Network Optimization Software Supply Chain Planning Software 120

BlueYonder

MARCH 24, 2022

The result is that companies are now taking measures to become more resilient in the future, such as more nearshoring, increased inventory levels and investments in digital solutions for better visibility in the supply chain. In the wake of COVID-19, the need for more resilience in the supply chain has become painfully clear.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Sustainability Agile and Lean Supply Chain 116

Supply Chain Game Changer

JANUARY 10, 2019

Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. There are few procurement-specific personality surveys available. So why are so many organizations still in the beginning of this process?

Optimal Sourcing 61

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 61

Unleashed

OCTOBER 13, 2021

Sales order processing, also known as order management, is the flow of steps from customer purchase through to product delivery. It details each phase of the purchase and order fulfilment process, including financial transaction, order picking and logistics. A purchase order goes in the other direction.

Inventory Management Software 98

Inventory Management Software Inventory Reduction Forecasting Software Supply Chain Design Software 98

Logility

FEBRUARY 21, 2017

The accuracy of your forecast has a direct impact on the amount of inventory you carry, the number of unplanned production changeovers, and the amount of expedited material shipments. Luckily today’s advanced demand planning solutions provide the tools needed to improve forecast accuracy without requiring a PhD in Statistics.

Supply Chain Planning Software 102

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 102

Supply Chain Game Changer

OCTOBER 11, 2022

For instance, the quality of inventory storage and manufacturing efficiency impact delivery lead times. Communication of this kind will prevent any procurement delays. Examine every point of the manufacturing process and pay attention to on-site inventory storage. The benefits of this exercise are enormous.

Optimal Sourcing 81

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 81

Vinculum

AUGUST 23, 2022

Or perhaps you already have a physical location but are having trouble keeping your inventory and orders in sync? The solution, then, is to link your order, inventory, and logistics to speed up inventory turnaround and coordinate your efforts. You must exercise extreme caution when choosing and purchasing a WMS.

United Arab Emirates 52

United Arab Emirates Optimization Software Inventory Management Software Logistics Network Optimization Software 52

SYSPRO Smarter ERP

AUGUST 2, 2023

Challenge Two: Accurately manage design process By integrating the ERP system with computer-aided design (CAD) software, redundant data entry is eliminated, ensuring real-time integration and data accuracy throughout the design process.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Supply Chain Matters

JANUARY 11, 2023

In July of 2022, Supply Chain Matters provided our readers added perspectives and highlights regarding supply chain planning technology provider Logility’s acquisition of supply chain network design technology start-up Starboard Solutions. Evolution of Supply Chain Network Design Technology.

Network Design Software 52

Network Design Software Logility Procurement Solutions Supply Chain Design Software 52

6 River Systems

OCTOBER 19, 2020

According to research conducted by BigCommerce , the top three factors that influence consumers’ online purchasing decisions are convenience, cost and free shipping. Planning and organizing inventory is a vital facet of warehouse logistics. What is the current solution employed? What is the cost of the current solution?

Warehousing 98

Warehousing Logistics Network Optimization Software Inventory Reduction Supply Chain Planning Software 98

JDA software

FEBRUARY 11, 2019

Customer expectations for product availability and seemingly endless purchasing channels are driving many companies to move product faster and smarter than ever before. its inventory management and where and how well it deploys inventory to optimize customer service levels and profitability. Inventory management.

Supply Chain Design 75

Supply Chain Design Optimal Sourcing Inventory Reduction Supply Chain Optimization 75

Logility

SEPTEMBER 6, 2016

I was told, “You don’t need a software system to run an S&OP process.” It takes a dedicated S&OP solution with embedded collaborative workflow and rules-based exception messaging. ” The objective of a mature S&OP process is to ensure supply capabilities (manufacturing, purchasing, distribution, etc.)

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Supply Chain Planning S&OP 100

Unleashed

AUGUST 30, 2021

Because even small manufacturing firms with limited capital can reduce the risk of suffering unexpected outages through measures like preventive maintenance, staff training and the use of smart manufacturing software. What is downtime in manufacturing? Possible causes of asset failure include: Machine jams and parts failures. User error.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Predictive Analytics Software Material Savings 98

Enterra Insights

AUGUST 5, 2022

.”[1] Here’s the rub: “All those excess retail inventories are starting to weigh on warehousing markets. ” To make room for new inventory, many of America’s largest retailers are steeply discounting excess goods this summer. As a result, many retailers are sitting on excess inventory.”

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Inventory Reduction Price Reduction 130

Arkieva

OCTOBER 20, 2015

Fortunately, we have tools these days that can help capture the knowledge. That’s nice but how do you start building a planning tool? Whatever software you will use, make sure to map out your business first. Procurement lead times (supplier to location). Inventory by product location. Current inventory.

Modeling Software 60

Modeling Software Modeling Supply Chain Planning Software Procurement Solutions 60

BlueYonder

OCTOBER 13, 2022

It’s also hardly a revelation that retailers have responded by rethinking their strategies around inventory management and fulfillment options. It can be a costly exercise but is worth the outlay considering these channels will be the persuader of upfront investments and ultimate purchases. Step 5: Measuring Success.

Sourcing Strategies 98

Sourcing Strategies Modeling Software Supply Chain Planning Software Supply Chain Design Software 98

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. The CIO budget is hamstrung with system upgrades and software license payments. Let me explain.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. Additional network complexity: It can be troublesome to juggle inventories for conventional and digital retail sales channels.

Cost Reduction Strategies 98

Cost Reduction Strategies Omnichannel Expense Reduction Inventory Reduction 98

ThroughPut

JUNE 24, 2022

ACCURATE INVENTORY MANAGEMENT. Accurate inventory management can ensure the right flow of items in and out of a warehouse. Generally, there are many inventory related variables like order processing, picking and packing, and this can become very time-consuming with a high tendency for error. WAREHOUSE EFFICIENCY.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

Enterra Insights

MAY 29, 2019

Despite its name, RPA involves software “bots” rather than physical robots. Gartner explains, “RPA tools operate by mapping a process in the tool language for the software ‘robot’ to follow. Security and lack of standards are currently the IoT’s greatest challenges.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Analytics Software 100

Supply Chain Game Changer

MARCH 16, 2021

The backbone of the integrated hardware and software in our digital world, and in the future, is I/T. In short he designed software to be installed in the coffee maker that the actual end consumer uses. I/T was going to be a source of competitive differentiation. And I/T was going to power the Smart Supply Chain of the future!

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Waste Reduction 100

6 River Systems

JUNE 29, 2020

It’s likely that in the coming months and years, many supply chain leaders will look to automation solutions that help to minimize physical contact and the number of touches required to move products through the supply chain. “Business leaders should also look at how new tools and technologies can provide greater intelligence.

Supply Chain Planning Software 116

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

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise.

Inventory Reduction 109

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 109

Taulia

JULY 7, 2022

Spend management is the practice of managing supplier relationships and purchasing across an organization to minimize cost and risk. Let’s look more closely at what procurement spend management is, the challenges companies may face in this area, and six steps organizations can take to boost the effectiveness of their approach.

Material Savings 52

Material Savings Purchasing Training Manufacturing Procurement Procurement Solutions 52

DiManEx

DECEMBER 3, 2020

When you decide to transition from a traditional supply chain to digital inventory, there are several hurdles you need to overcome. In other words, because some parts have a long lead time or may be difficult to purchase, companies tend to build up excess inventory. Change management is the top obstacle to AM adoption.

Manufacturing Procurement 81

Manufacturing Procurement Warehousing Case Study Procurement Analytics 81

3rdwave

JUNE 21, 2019

For an equal amount of time, the global trading community has largely ignored the issue and not invested in solutions designed to dramatically increase a company’s supply chain resiliency, flexibility, and agility. Fortunately, there are powerful solutions that allow companies to acquire resiliency capabilities at a manageable cost.

Optimal Sourcing 82

Optimal Sourcing Supply Chain Optimization Agile and Lean Supply Chain Manufacturing Procurement 82

Enterra Insights

NOVEMBER 2, 2021

Supply chain management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point-of-origin to point-of-consumption.’ This could be a replacement for the old term of Production and Inventory Management since it is now included within the broad definition of SCM.”.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 130

GlobalTranz

OCTOBER 29, 2015

With this varied inventory, plus a large direct sales force in more than 170 countries and an unpredictable sales cycle, effective supply chain management is critical for continued growth. The 4PL built a new routing tool specifically for Whirlpool that offered overall cost optimization and mode selection.

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120