Logility

JANUARY 26, 2017

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). requires a different set of metrics.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

GlobalTranz

JULY 20, 2015

BONUS: Download the Ultimate Guide to Transportation Reverse Logistics White Paper. Importance of Metrics in Reverse Logistics Management. To monitor progress against its reverse logistics management plan, a company needs metrics that measure the financial impact of returns on the firm and on other members of the supply chain.

Reverse Logistics 120

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

GlobalTranz

MAY 18, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper. Leverage Inventory as Data When systems communicate, they create inventory data, but actual inventory can be turned into data points and metrics to understand the flow of products.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 138

Kinaxis

JUNE 7, 2018

Download Greenbaum’s white paper, Kinaxis’ Self-Healing Supply Chain: Machine Learning in Service of Supply Chain Excellence. They’d be able to identify the root cause of the discrepancy between the reality and expected performance “so that corrective action could help return the system to a more ideal state.” .

Supply Chain Design Software 135

Supply Chain Design Software Supply Chain Design Supply Chain Performance Supply Chain Planning Software 135

GlobalTranz

NOVEMBER 8, 2018

Get Your Free White Paper Today. 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). Disjointed systems and data silos, creating delays in processing and deficiencies in visibility. Download Here.

Analysis 151

Analysis Data Forecasting Software Forecasting 151

GlobalTranz

AUGUST 31, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download White Paper. Using New Technology for Maximizing Warehouse Space Is the Solution New technologies and warehouse automation are poised to enable warehouse managers to increase inventory without necessarily increasing space.

Supply Chain Design Software 121

Supply Chain Design Software Warehousing Analytics Software Forecasting Software 121

GlobalTranz

JULY 27, 2018

According to Ivanti , mobility technology allows warehouse managers to develop better processes and systems for inventory management and maintain high accountability, visibility, and proficiency in operations. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER.

Inventory Management Software 121

Inventory Management Software Warehousing Demand Planning Software Supply Chain Software 121

Logility

APRIL 2, 2020

3 Get the metrics right. Supplier metrics should be captured about monthly. Check out this white paper, Leveraging Inventory for Profitable Growth. More advanced ones can structure and clean the data before dumping it into a format for reporting. KPIs are often based on average performance levels.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

The Logistics of Logistics

OCTOBER 21, 2020

The new performance metrics were a result of carriers arriving late and or missing appointments. The Inventory Performance Index , (IPI) is a score Amazon assesses to determine how well sellers are managing their inventory. There are four factors that affect a sellers IPI: Reducing excess inventory to increase profitability.

Warehousing 130

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Logility

JUNE 2, 2020

Those two locations may differ across many important metrics: footprint, demographics, seasonality, logistical support, sell-through history, competitive landscape, sales trends, to name a few. More specifically, a planner lays out the merchandise plan by week, by category, by defined business metrics. Increase inventory turns.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Retail Scenario Planning 130

Demand Solutions

OCTOBER 10, 2014

It can also help you minimize your inventory—and with it, your overhead costs. Once you’ve implemented a reliable requirements planning or inventory planning solution and integrated it with your demand planning system, you can use powerful algorithms—rather than best guesses—to plan and manage your inventory positions.

Supply and Demand 124

Supply and Demand S&OP Supply Chain Planning Software Forecasting 124

QAD

AUGUST 24, 2021

QAD’s recent white paper , “How Manufacturers Can Thrive in the New Age of Disruption, 3 Core Characteristics of an Adaptive Manufacturer” describes how adaptive enterprises are intelligent, innovative and agile. The metrics that best measure the customer’s performance against its goals are mapped to QAD solutions’ functionality.

Supply Chain Planning Software 98

Supply Chain Planning Software Inventory Reduction Resource Reduction Analytics Software 98

Logility

MAY 7, 2020

and up to date transaction data (order status, inventory positions, shipment tracking, etc.) Key Performance Metrics: The ability to identify and measure KPIs will help prioritize and measure transformation efforts. Read this white paper to learn more.). Read: Making the Case for AI and Machine Learning.).

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

synchrono

AUGUST 22, 2016

Given the more customer-centric demand-driven model – coupled with greater access to information – the metrics that manufacturers monitor to make improvements in operations become more focused and actionable. Combat data overload by knowing what you want to achieve and focusing on metrics that align with those goals.

Metrics 40

Metrics Demand Planning Software Modeling Software Analytics Software 40

Logility

AUGUST 17, 2016

Aligning and integrating key performance metrics across the extended supply chain can be difficult. Inventory tends to be a very visible supply chain cost to senior management. How much inventory a company has is listed right there as a current asset on the balance sheet. Higher-level value-added priorities.

Material Savings 100

Material Savings Inventory Reduction Expense Reduction Resource Reduction 100

Logility

JANUARY 16, 2018

I was guilty of this from time to time when I led a demand-planning group because we were evaluated on forecast accuracy as one of our key metrics. “ Gartner reports that the predominant inputs to demand-sensing solutions are daily point-of-sale (POS), customer inventory, transactional data, and order and shipment history.

Supply and Demand 102

Supply and Demand Demand Planning Software Forecasting Supply Chain Planning Software 102

Logility

JUNE 28, 2018

As we tap into both structured and unstructured data sources, advanced analytics help us draw conclusions about demand, inventory, production and distribution operations to quickly drive more informed business decisions. Related Content: White Paper: Three Checklists to Build a Successful Supply Chain Analytics Foundation.

Prescriptive Analytics Software 101

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 101

Kinaxis

JULY 8, 2016

Accenture has just released a white paper titled “Supply chain for a new age” which you can get here. In this paper, the author describes various components of the next generation supply chain and introduces the role of “Network Planners”.

Supply Chain Planning Software 129

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 129

Logility

APRIL 5, 2016

Recently I had the pleasure to sit down with Chris Reed, director of inventory and data management for wholesale distributor Ferguson Enterprises on how they are building an agile supply chain. As a result, we often manipulated demand towards driving higher inventory. You can watch the full webcast on-demand at: [link].

Agile and Lean Supply Chain 100

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

RFgen

SEPTEMBER 2, 2014

However, it’s often surprising how many organizations still depend on manual processes to collect data related to inventory, shipments and other moving parts in their supply chain. The post Lockheed Martin Eliminates Inventory Management Errors with Automated Data Collection appeared first on RFgen.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Resource Reduction Waste Reduction 52

RFgen

SEPTEMBER 2, 2014

However, it’s often surprising how many organizations still depend on manual processes to collect data related to inventory, shipments and other moving parts in their supply chain. The post Lockheed Martin Eliminates Inventory Management Errors with Automated Data Collection appeared first on RFgen.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Resource Reduction Waste Reduction 52

Procurement Academy

OCTOBER 25, 2021

A traditional approach to sourcing—looking at potential suppliers through familiar lenses such as price, quality, and reliability—had the benefit of straightforward metrics on which to base a comparison. How should these be balanced against traditional procurement metrics? One complication is the nature of ESG itself. On what measure?

Price Reduction 98

Price Reduction Inventory Reduction Buyer Training Procurement 98

Logility

JUNE 28, 2017

Inventory tends to be a very visible supply chain cost to senior management. How much inventory a company has is listed right there as a current asset on the balance sheet. A system-wide, multi-echelon approach to inventory optimization is the way to go. Read More: eBook: The Inventory Optimization Handbook ).

Chemicals 100

Chemicals Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 100

Logility

AUGUST 23, 2016

One way of doing this is through the use of the DuPont Financial Performance Model which can help you show how improvements in forecast accuracy can increase sales revenue and reduce inventory, both of which lead to higher profits and increased shareholder value. Related Content: White Paper: Are All Products Created Equal?

Forecasting 100

Forecasting Forecasting Software Supply and Demand Inventory Reduction 100

6 River Systems

OCTOBER 19, 2020

Planning and organizing inventory is a vital facet of warehouse logistics. Estimating traffic Implementing the right racking system Choosing the best order picking carts to meet the warehouse’s requirements Implementing inventory management software Mapping your warehouse is a crucial step that should not be missed.

Warehousing 98

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

Arena Solutions

FEBRUARY 4, 2022

Build-to-order production processes, strategic inventory placement, and last-mile manufacturing are some of the approaches being used to meet these requirements. Establish and analyze key performance metrics. Inventory availability, turnover, and lead time. Read White Paper. Supply chain related costs (e.g.,

Supply Chain Design Software 98

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

synchrono

JANUARY 31, 2017

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. Mark also writes: “Metrics that have the attention of business and manufacturing leaders tend to be those that get measured and improved upon by their employee teams.”. Metrics for Action.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

6 River Systems

NOVEMBER 11, 2019

General warehouse industry statistics Warehousing costs & revenue statistics Warehouse efficiency statistics Labor statistics in the warehousing industry Automation adoption in the warehousing industry Warehouse performance metrics Warehouse automation stats: General warehouse industry statistics 1. According to data from the U.S.

Warehousing 91

Warehousing Supply Chain Software Supply Chain Planning Software Demand Planning Software 91

synchrono

NOVEMBER 6, 2017

Instead of producing to what you think will happen (forecasts) or to maximize an efficiency metric like asset utilization, the only variable is actual demand, and all production is synchronized to it. For a more thorough discussion on push vs. pull, download our white paper The Next Generation of Planning and Scheduling Solutions.

Agile and Lean Supply Chain 39

Agile and Lean Supply Chain Lean Demand Planning Software Supply and Demand 39

Talking Logistics

OCTOBER 17, 2016

Author’s Note: Below is an excerpt from Moving Up the Supply Chain Maturity Curve: The Process Industry Executive Agenda for 2016 and Beyond , a white paper published earlier this year by Elemica with research conducted by Adelante SCM. How do you reduce supply chain complexity, or at least slow its growth?

Waste Reduction 100

Waste Reduction Agile and Lean Supply Chain Six Sigma Supply Chain Optimization 100

QAD

OCTOBER 29, 2020

Traditional metrics like OEE distract from true EBITDA gains while eroding working capital, straining employees and shrinking margins for packaging manufacturers. Traditional OEE metrics have each department measuring its own performance with individual KPIs. Reframing the “E” in OEE. Moving from Siloed KPIs to Overall Enterprise KPIs.

Supply Chain Planning Software 76

Supply Chain Planning Software Analytics Software Predictive Analytics Software Optimization Software 76

synchrono

JUNE 19, 2017

When it comes to ordering materials and components, managing inventory levels, or organizing the delivery of finished goods to customers, companies are forced continually to chase business partners – mostly suppliers, logistics companies, and retailers – via a messy stream of emails, phone calls, and even faxes.

Real-time Visibility 85

Real-time Visibility Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 85

Turvo

SEPTEMBER 16, 2021

Another study by the EPA, titled Fast Facts on Transportation Greenhouse Gas Emissions , noted that “according to the Inventory of U.S. Greenhouse Gas Emissions and Sinks 1990–2018 (the national inventory that the U.S. Turvo helps everyone on the network improve critical supply chain metrics through carrier analytics.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Analytics Software Supply Chain Network Software 70

synchrono

JUNE 4, 2018

This bird’s eye view of the entire enterprise was taken from the webinar Visualizing Metrics in the Factory of the Future. Pull-based replenishment – Demand-driven inventory management is a core principle of Lean, and our eKanban software allows you to send electronic replenishment signals across facilities.

Supply Chain Planning Software 82

Supply Chain Planning Software Demand Planning Software Inventory Management Software Modeling Software 82

CH Robinson Transportfolio

DECEMBER 2, 2014

Those companies reported that outsourcing reduced logistics costs by an average of 11%, inventory costs by 6%, and logistics fixed assets by 23%.[1] Even have them gather reports and provide analysis for metrics you and your company care about. 1] Langley, C. and Capgemini.

Logistics Network Optimization Software 58

Logistics Network Optimization Software Logistics Cost Reduction Strategies Third Party Logistics 58

The Logistics of Logistics

JANUARY 24, 2013

A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. Key Process Indicators vs. Metrics. I sometimes use the terms KPI and metrics interchangeably, but they are not the same.

Logistics Network Optimization Software 229

Logistics Network Optimization Software KPI Logistics Third Party Logistics 229

RFgen

JULY 23, 2014

is due in large part to the nation’s robust information technology and software that helps factories achieve more accurate inventory management and data visibility. This functionality provides manufacturers with accurate metrics that are accessible at all levels, from floor managers to the CEO. Real-time Performance.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Management Software Supply Chain Software Manufacturing 52