Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 278

Precoro

JULY 16, 2023

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

Pricing Training 73

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 73

Logility

APRIL 2, 2020

Supplier scorecards are globally accepted as a key tool for managing a more profitable supply chain. A good scorecard helps identify which vendors deliver the best value, explains the drivers of performance, and is a preferred collaboration tool for improving supplier relationships. Consider using software to automate data integration.

Negotiating Skills 157

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

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

GlobalTranz

APRIL 25, 2016

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Silvon Software

SEPTEMBER 26, 2023

In this 3-minute post, we examine some key business objectives and cascading KPIs that can be used to analyze performance to the objectives. While many of the KPI examples focus on performance management for manufacturing and distribution businesses, they also apply to numerous other industries with similar operational structures.

Procurement Analytics 105

Procurement Analytics Optimal Sourcing Manufacturing Procurement Inventory Reduction 105

Silvon Software

APRIL 29, 2022

Key performance indicators (or KPIs) help to facilitate these requirements and drive higher inventory optimization outcomes as a result for manufacturers, distributors and other supply chain-centric businesses. The Basics of Inventory Management KPIs. Every inventory KPI needs a clearly defined goal.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

Silvon Software

MARCH 3, 2023

A Few Important KPIs for Tracking S&OP Performance As a long-time provider of business intelligence applications for manufacturing and distribution businesses, Silvon has played a key role in helping our clients define and implement performance metrics that align their S&OP initiatives with their corporate goals.

S&OP 89

S&OP Procurement Analytics Supply and Demand Analytics Software 89

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? The answer is simple: through KPIs.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Unleashed

JULY 2, 2024

Efficient purchasing is conducive to healthy cash flow. The more effective your purchasing processes, the more profitable your business becomes. In this guide we explore the process of purchase order management, its role in a wider supply chain management strategy , and the best practices for optimised purchasing workflows.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Purchasing Skills Pricing Training 52

SCMDOJO

APRIL 4, 2023

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

Supply Chain View from the Field

NOVEMBER 25, 2013

They focused on beginning with category spend, and driving down to specific actions in terms of KPI’s, prioritization of resources, and optimization of the relationship through collaborative approaches. A John Deere team discussed how they attempted to build a predictive cost model.

Procurement Analytics 60

Procurement Analytics Predictive Analytics Modeling Purchasing Skills 60

Logistics Viewpoints

FEBRUARY 22, 2021

Mr. Govindarajan is the Senior Director, Supply Chain (Systems, Processes & Analytics) at KeHE. Banker : Manhattan Associates, a supplier of supply chain software, is the company that brought KeHE to my attention. Our goal was to better service our partners through delivering robust demand and replenishment solutions.

Forecasting Software 39

Forecasting Software Supply Chain Planning Software Optimization Software Supply Chain Design Software 39

Talking Logistics

JULY 22, 2014

Is it data visualization, business intelligence, and analytics, or is it a collaboration tool used to connect your trading partners and suppliers? The answer is not always that clear because supply chain visibility has to take on all of those roles to fill the promise of true insight and near real-time reporting.

Supply Chain Design Software 182

Supply Chain Design Software Supply Chain Planning Software Supply Chain Visibility Real-time Visibility 182

Silvon Software

APRIL 1, 2024

Business strategy solution jigsaw puzzle Today’s business applications are capturing, processing, and storing unprecedented volumes of data. Requests for custom reports or dashboards by business leaders are met with lengthy development times by IT or external analysts, resulting in single-use reports that are limited in scope.

Procurement Analytics 59

Procurement Analytics Analytics Software Predictive Analytics Analytics 59

GlobalTranz

OCTOBER 29, 2015

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. We started the series first by " 9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL."

Case Study 120

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

Bristlecone

MAY 21, 2021

Did you know that advanced analytics, when used in lieu of traditional statistical models, can help procurement departments increase cost efficiency by 3-8%? [1]. The procurement department of any business generates more data than is humanly possible to compute and comprehend through traditional means. Integration.

Procurement Analytics 52

Procurement Analytics SAP Negotiate Pricing Procurement Solutions 52

Arena Solutions

SEPTEMBER 12, 2023

A recent Gartner study revealed that 73% of companies that bought an enterprise system regretted their purchase 1. In many instances, they reported that the offering failed to meet their expectations. Software vendor reference checks can reveal how well the solution lives up to the vision marketed and sold. PLM vs. QMS ).

Vendor Strategies 111

Vendor Strategies Modeling Software Supply Chain Design Software Supply Chain Planning Software 111

Supply Chain Game Changer

JULY 21, 2021

Product Management KPIs! Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Taulia

OCTOBER 7, 2021

The procurement process is a critical business function, but how do you measure how effectively the process is managed in your business? Setting KPIs for your procurement department can help to demystify their performance and deliver insights into where improvements can be made. Number of emergency purchases.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Optimal Sourcing Purchasing Skills 52

GlobalTranz

MARCH 23, 2016

Then, the team assigns responsibility for the action required to reach the desired solution. When Lean culture takes hold, the teams are self-managed, managers are no longer reactionary, and they become strategic, proactive thinkers providing sustainable solutions. Practices and learns how to apply Lean tools. that has no end.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . What are KPIs & why are they important for your inventory management? You can easily track these KPIs in an inventory management system (IMS) or enterprise resource planner (ERP).

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

QAD

APRIL 2, 2020

QAD is pleased to announce the availability of QAD Adaptive ERP 2020, the latest version of QAD’s flagship next generation ERP solution that includes the Adaptive User Experience (UX) and the QAD Enterprise Platform. We are also excited to unveil updates to many other areas in the QAD Adaptive Applications solution portfolio.

Manufacturing Procurement 145

Manufacturing Procurement Manufacturing Supply Chain Planning Software Forecasting Software 145

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Logistics Bureau

OCTOBER 20, 2021

. “Paralysis by analysis” is a common term used to describe such a situation, and you can avoid it by monitoring a smaller number of carefully chosen KPIs. ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 91

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 91

ShipBob

APRIL 13, 2021

However, there is a wide range of metrics that you should be tracking to help your online store grow. In this article, gain a deeper understanding of the ecommerce KPIs that every online store needs to track to achieve specific strategic goals. What are ecommerce KPIs? Why ecommerce performance metrics are important.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

Silvon Software

FEBRUARY 23, 2023

As powerful tools to support these initiatives, both Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs) are metrics that can be used to monitor business performance and track potential risks. As you can see, a decreased value in a KPI may increase the value of a related KRI if a company goal is not achieved.

Procurement Analytics 77

Procurement Analytics KPI Analytics Software Supply Chain Planning Software 77

SCMDOJO

MAY 30, 2024

Supply Chain Department – A Typical Structure Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities The Purpose of the Logistics Department Structure A well-structured logistics department is essential for any organization that deals with product movement and delivery.

Optimal Sourcing 84

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 84

QAD

OCTOBER 5, 2021

the latest version of QAD’s next generation ERP solution that includes the Adaptive User Experience (UX) and the QAD Enterprise Platform. We are also excited to unveil updates to other areas in the QAD Adaptive Applications solution portfolio. In addition, more detailed KPIs are available for improved decision making.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 98

Taulia

JULY 21, 2022

The supply chain activities involved in the procurement process , from sourcing the right suppliers to taking delivery of materials and products, are vital to the overall health of any business. The importance of supplier KPIs. Using supplier management software , supplier performance against these KPIs can be monitored over time.

Negotiate Pricing 75

Negotiate Pricing Supplier Management Optimal Sourcing Procurement Analytics 75

SCMDOJO

JANUARY 17, 2024

They are in charge of purchasing, procurement, and sourcing. Their ability to balance cost, quality, and supply chain sustainability directly impacts the overall success of the organization. To Improve your Materials Management Comptencies, Download our Assessment Tool.

Purchasing Skills 85

Purchasing Skills Negotiating Skills Optimal Sourcing Manufacturing Procurement 85

Enterra Insights

APRIL 22, 2019

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. ” Purchasing – “The KPI most used in Purchasing Departments is Stock Turn.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

DELMIA Quintiq

MARCH 14, 2017

Organizations are missing on the necessary analytical skills as old ways of thinking prevail over real-time, data-driven decision making. China, often flogged by other industrialized nations for using cheap labor to undercut cost of manufacturing is at the forefront of robotization. What’s the solution to surviving industry 4.0

Modeling 159

Modeling Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 159

6 River Systems

OCTOBER 19, 2020

With more consumers turning to e-commerce, it’s important for businesses of all sizes to bolster the supply chain to handle the e-commerce business model. According to research conducted by BigCommerce , the top three factors that influence consumers’ online purchasing decisions are convenience, cost and free shipping.

Warehousing 98

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

ToolsGroup

DECEMBER 11, 2023

Measuring yearly transactions across all stores in a country would have low granularity, as you would know very little about when and where customers make those purchases. Most companies have standard ways to report timed variables. His primary KPI was product availability, and according to internal numbers, that had never changed.

Purchasing Skills 156

Purchasing Skills Data Optimal Sourcing Modeling 156

The Logistics of Logistics

JANUARY 26, 2016

Below are five KPIs to closely monitor in your warehouse: 1. Your capacity to meet customer demands hinges on your ability to accurately report inventory. Inventory tracking software is an excellent way to keep a close eye on inventory and measure it as a KPI. This KPI is specific to actual storage systems.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100