Supply Chain Shaman

APRIL 9, 2021

Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Sadly, most of it is the wrong inventory. Despite spending 1.1%

Supply Chain Planning Software 367

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 367

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. If cost reduction is not the only thing to measuring supply chain performance, that begs the questions: "Maybe we should be measuring other Supply Chain Management activities and what would they be?". Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

SCMDOJO

JANUARY 29, 2025

Supply chain reports are data-driven documents that provide key metrics and insights into various aspects of your supply chain, including: Inventory Levels Tracking stock levels in real-time to ensure adequate inventory to meet demand while minimizing holding costs. What are Supply Chain Reports?

Inventory Reduction 98

Inventory Reduction Negotiating Skills Cost Reduction Strategies Waste Reduction 98

Logistics Viewpoints

OCTOBER 12, 2023

The same “If” statement was repeated for a host of financial and operational metrics. The following will delve into some of the intricate farm-to-table challenges that supply chains face across sourcing, demand planning, procurement and inventory management, transportation, and warehousing.

Supply Chain Design Software 312

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 312

GlobalTranz

JULY 20, 2015

BONUS: Download the Ultimate Guide to Transportation Reverse Logistics White Paper. With the advent of sophisticated management systems , organizations have discovered the logic of prioritizing a reverse logistics system, which has led to the development of advanced technology that supports the process. Increased velocity.

Reverse Logistics 120

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

Supply Chain Shaman

SEPTEMBER 28, 2022

We find that three factors mattered: organizational alignment, descriptive analytics, and inventory management. There was a strong negative correlation (at an 80% confidence level) when companies were not aligned between customer service and transportation. Multi-tier inventory management by itself was not sufficient.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

RFgen

DECEMBER 19, 2024

Essential technology solutions, including Warehouse Management Systems (WMS), Inventory Management Systems (IMS), and the transformative power of IoT and automation. Inventory Management Systems IMS give you precise control over stock levels, ensuring an optimal balance and reducing carrying costs.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

Unleashed

MARCH 9, 2021

Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. This is often managed with the help of supplier management software or inventory management software. That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Unleashed

OCTOBER 6, 2021

That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that VMI creates efficiencies in the supply chain as it ensures data from sales is a key part of the inventory management system.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Shaman

JUNE 5, 2013

Integration of corporate social responsibility metrics in planning. Most often the focus is on transportation or logistics, but does not take into consideration the trade-offs between make, source and deliver. Use of third-party data for transportation lane and drayage times by day/time of week. Focus on the level of inventory.

Supply Chain Planning Software 224

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 224

SCMDOJO

OCTOBER 30, 2024

For instance, a student struggling with inventory management concepts can receive supplementary materials, interactive simulations, and one-on-one tutoring sessions tailored to their needs. Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97

GlobalTranz

AUGUST 9, 2016

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. Transportation takes time.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Lean Cost Reduction Strategies 120

GlobalTranz

AUGUST 29, 2016

Much talk about sales, automation and improved processes dominate the conversation when considering outsourcing logistics processes to a transport and logistics providers or using a 3PL-based transportation management system (TMS). Immediate upgrades to existing transportation technology systems. What Does 10 Percent Buy?

Logistics Network Optimization Software 125

Logistics Network Optimization Software Transportation Inventory Management Software Forecasting Software 125

Supply Chain Shaman

JUNE 19, 2013

Supply chains have not morphed to manage the complexity at the same cost, quality and level of customer service. Cycle Management is Stalled. The only industry that has made progress in inventory management is consumer electronics. When I finished the presentation (the materials are available on slideshare.)

Forecasting 273

Forecasting Supply Chain Planning Software Agile and Lean Supply Chain Forecasting Software 273

Precoro

MAY 19, 2023

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Talking Logistics

APRIL 27, 2015

In the first episode of this educational series focused on the link between transportation management and supply chain excellence, Chris Timmer of LeanLogistics (a Talking Logistics sponsor) outlined the attributes of a strong transportation management foundation and how to build it.

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Supply Chain Strategy Price Mitigation Strategies 100

RFgen

DECEMBER 19, 2024

Transportation and Logistics: Increased production volume complicates logistics. Production Capacity Analysis While traditional testing methods can be time-consuming and offer incomplete data, focusing on key production metrics within the manufacturing process provides more actionable insights.

Material Savings 92

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 92

Supply Chain Opz

JANUARY 7, 2013

So this section will explain some characteristics of Apple Supply Chain through various metrics and compare them with Amazon Supply Chain. Inventory Turnover. Inventory Turnover is a traditional financial measure to determine how efficient company uses its financial resources to create sales, the higher number is the better.

Case Study 279

Case Study Study Negotiating Skills Supply Chain Planning Software 279

QAD

JULY 1, 2021

Modern manufacturing ERP systems are designed to flexibly support and integrate into any manufacturing business process, creating a complete business management platform for your company. Improving communication between departments and comparing metrics across them. Capturing real-time reporting you can quickly access.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 98

Logistics Viewpoints

FEBRUARY 2, 2023

3PLs can quickly assess client-level profitability via accurate cost-to-serve metrics and analytics on demand while creating a verifiable audit trail of events and charges that reduce potential credit settlements and contribute to customer satisfaction. To learn more, visit Open Sky Group today.

Supply Chain Planning Software 273

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 273

Talking Logistics

APRIL 29, 2015

Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. And, what are some of the key factors retailers need to consider when developing their transportation plans?

Sourcing Strategies 100

Sourcing Strategies Sourcing Transportation Cost Reduction Strategies 100

Unleashed

JUNE 23, 2021

It’s seen businesses adapting rapidly, with technology playing a key role in giving managers the flexibility and efficiency to thrive. Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. 10 inventory management for 2022: 1.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Supply Chain Shaman

MARCH 5, 2019

While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. The focus is on functional metrics, but are unable to get to overall supply chain metrics. Visibility. The most common use case for control towers is visibility. Gaps in Enterprise Visibility.

Supply Chain Design Software 308

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 308

Supply Chain Shaman

OCTOBER 29, 2020

Yet, only 20% of companies actively manage supplier development programs to get cash to suppliers in need. Cash-to-Cash Metrics. Management of the cash-to-cash cycle is critical to maintaining working capital. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle.

Optimal Sourcing 242

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 242

GlobalTranz

DECEMBER 27, 2017

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure? The Many Types of Inventory Management Technology.

Supply Chain Software 151

Supply Chain Software Supply Chain Optimization Optimal Sourcing Supply Chain Strategy 151

GlobalTranz

NOVEMBER 8, 2018

Fortunately, data analysis allows Warehouse Managers to gain the insights necessary to create metrics to track performance, which are also known as key performance indicators (KPIs). Modes of transportation used in terms of costs and delays associated with each. Order picking accuracy. On-time shipments. Label accuracy.

Analysis 151

Analysis Data Forecasting Software Forecasting 151

GlobalTranz

JULY 7, 2021

They all involve a degree of outsourcing transportation functions, whether that’s supply chain cybersecurity management or white glove services , and technically, all 4PLs and 5PLs exist as 3PLs too. 5PLs and the Rise of Transportation-as-a-Service. Essentially, a 3PL is a third-party that fulfills requests from a shipper.

3PL 210

3PL Third Party Logistics Logistics Network Optimization Software How To 210

RFgen

MARCH 10, 2025

Inventory management software can provide real-time data and improve decision-making, helping businesses maintain optimal stock levels and enhance operational efficiency. This results in poor enforcement at lower levels, making it difficult to coordinate inventory needs efficiently.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Modeling Supply Chain Optimization 52

Logistics Bureau

DECEMBER 22, 2024

Unlike most of the KPIs we recommend, perfect order is a composite of several elementary metrics. Damage-free delivery: This measurement is sometimes incorporated into the in full KPI, but can just also be a stand-alone metric. What about DIFOT?

KPI 74

KPI Agile and Lean Supply Chain Supply Chain Strategy Supply Chain 74

SCMDOJO

FEBRUARY 26, 2025

The Cost Performance Index (CPI) is a financial efficiency metric used to measure cost performance in projects and operational activities. Logistics and Freight Cost Optimization CPI can help measure transportation cost efficiency, ensuring that freight and shipping expenses remain within the planned budget.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Negotiate Pricing Cost Reduction Strategies 52

Silvon Software

JUNE 1, 2023

Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. At times, finding the right metrics can feel incredibly challenging, and there might be a tendency to measure things for the sake of measurement. This includes procurement, production, transportation, warehousing, and distribution.

S&OP 111

S&OP Supply and Demand Supply Chain Planning Software Optimal Sourcing 111

GlobalTranz

JUNE 8, 2017

The transition from an on-site data handling to the cloud one opens the new opportunities in the overall company management. In the below article I propose to have a look at the main benefits and advantages of the cloud-based logistics management. A Better Scope Management. The cloud-based logistics has lots of metric tools.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Resource Reduction Modeling Software Cost Reduction Strategies 200

Procurement Academy

FEBRUARY 25, 2025

Supply chain management training allows team members to understand and appreciate the interdependencies of various functions. These include procurement, logistics, inventory management, and production planning. Develop a holistic understanding of the supply chain ecosystem. Identify and resolve bottlenecks more effectively.

Buyer Training 52

Buyer Training Supply Chain Performance Price Mitigation Strategies Optimal Sourcing 52

RFgen

DECEMBER 19, 2024

Modern data collection is fundamentally supported by advanced specialized sensors that serve as the primary tools for gathering various metrics in manufacturing environments. Here’s a breakdown of the key data types: Production Metrics: These tell you how much you’re producing and how efficiently.

Manufacturing Procurement 98

Manufacturing Procurement Optimization Software Supply Chain Planning Software Inventory Reduction 98

Supply Chain Shaman

FEBRUARY 23, 2017

He is an industrial engineer with a diploma in transportation and logistics from the University of Applied Sciences in Bremerhaven. Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The Ralf has worked at BASF since 1989 in a variety of jobs across continents.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 156

DELMIA Quintiq

JUNE 21, 2021

In this new, connected world, the Warehouse of the Future is about achieving key operational metrics and exceeding customer service requirements more profitably while supporting sustainability goals. This helps in optimizing inventory management as well as in making the warehouse safer while increasing visibility.

Inventory Management Software 156

Inventory Management Software Optimization Software Supply Chain Planning Software Analytics Software 156

Supply Chain Matters

MARCH 14, 2025

Supply Chain Matters highlights indications providing added evidence that manufacturers and retailers are front loading inventory management actions in attempts to initially hedge against added U.S. percentage points in inventory levels which were the fastest rate of expansion for this metric since June 2022.

Inventory Reduction 52

Inventory Reduction Inventory Report Price Reduction 52