Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

SCMDOJO

APRIL 11, 2025

Understanding how your Procurement and Supply Chain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. Why You Need Visibility of Supply Chain and Procurement KPIs? Running procurement and supply chain without metrics is like driving blindfolded.

Pricing Training 52

Pricing Training Negotiating Skills Purchasing Skills Optimal Sourcing 52

Supply Chain Game Changer

JULY 21, 2021

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Procurement Cost. Customer Lead Time (Service).

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

SCMDOJO

OCTOBER 7, 2022

Productivity Logistics KPIs Example: Picking Order productivity = Total number of order lines picked per month / total labour hours available for picking activity. Shipping Productivity = Total order lines shipped per month / total labour hours available. Improve engagement at the workplace. Helps understand key lagging areas.

Optimal Sourcing 137

Optimal Sourcing Logistics Network Optimization Software Logistics Supply Chain Design Software 137

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 98

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 98

crisp

DECEMBER 15, 2021

A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. That same survey showed that up to 50% of procurement teams’ time was spent looking for data. Establish a set of KPIs and set performance targets to measure your progress. . For one, it’s time consuming.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Supply Chain Strategy 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. Procurement ROI. Supplier defect rate.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Optimal Sourcing Purchasing Skills 52

Unleashed

DECEMBER 11, 2022

Put simply, Warehouse KPIs measure how efficiently your warehouse is performing. For example, the warehouse KPI ‘Receiving accuracy’ can determine if your receiving process is as accurate as you need it to be. How to improve order lead times: Procure reliable carriers and suppliers.

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. Effective, successful Key Performance Indicators (KPIs)/A balanced scorecard: Effective KPI management starts with some key areas to have both parties understand. A pull system is better than a push system. Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

SCMDOJO

JANUARY 17, 2024

They are in charge of purchasing, procurement, and sourcing. With our customizable Logistics KPI Dashboard Excel Template , you can obtain a detailed view of your business’s Current Performance versus Target and the Previous Year’s performance. Think of them as the top executives who coordinate processes on a large scale.

Purchasing Skills 98

Purchasing Skills Negotiating Skills Optimal Sourcing Manufacturing Procurement 98

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 96

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 96

ShipBob

DECEMBER 28, 2022

What is procurement? This process is known as procurement. Procurement covers everything from placing orders to tracking shipments and auditing deliveries. What’s the difference between procurement and sourcing? If you’re still confused about the difference between procurement and sourcing, that’s okay!

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

Unleashed

JULY 23, 2023

Order cycle time KPIs calculate the average time between when you receive an order and when it is shipped. Total order cycle time uses customer details, the order date, the delivery date, and the total number of orders shipped. Takt time Takt time is a KPI that helps set the pace of your manufacturing process.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

SCMDOJO

MAY 13, 2022

Each year around 700 million TEUs are shipped across the world keeping global trade and businesses running and more than eighty percent of global goods trade volumes are carried by sea, with about a sixth of that volume in shipping containers. Supply Chain KPI Dashboard.

Supply Chain Design Software 83

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Design 83

EC Sourcing Group

MARCH 12, 2023

It could also be an incorrect purchase order, shipping number, billing address, date, and so on. COST AND PRICING : Organizations typically want the supplier who provides the lowest cost for goods. Identify your data sources that can help identify supplier performance.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Veridian Solutions

SEPTEMBER 20, 2018

Failure to track replenishment and procurement activities. The Right Cycle Count KPIs Make or Break Productivity The right cycle Count KPIs can make or break productivity, and as explained by Shane Starr of Explore WMS, Warehouse Managers need to implement a process known as “skilled cycle counting.”

Inventory Management Software 45

Inventory Management Software Inventory Management Inventory Reduction Inventory 45

ShipBob

FEBRUARY 25, 2022

This involves keeping track of critical distribution metrics such as how many orders were shipped out on time because this is vital to determine how efficient their processes are, how satisfied customers will be, and whether they need to make improvements. A good OTIF score starts from the supplier purchasing and procurement process.

Optimal Sourcing 52

Optimal Sourcing Real-time Visibility Procurement Analytics Supply Chain Planning Software 52

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 52

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 52

Silvon Software

APRIL 1, 2024

Procurement Purchase Order Cycle Time – The average time taken from the creation of a purchase order until its fulfillment. These KPIs gauge efficiency, effectiveness, customer behavior and other factors in an effort to forecast future developments based on past performance and shape future strategies.

Procurement Analytics 59

Procurement Analytics Analytics Software Predictive Analytics Analytics 59

Precoro

MAY 27, 2021

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. By building an excellent Supplier Management Process, a successful company can mitigate those risks and ensure that their supply chain is undisrupted and meets the KPI's. Segment your suppliers. Raise Team expertise.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

EazyStock

SEPTEMBER 25, 2018

With easy API integrations with any Enterprise Resource Planning (ERP) tool, inventory managers can automate procurement and replenishment processes that historically were guesswork cutting into profit margins. Fancy KPI dashboards show you how you are stacking up month to month and call out areas where there is room to cut costs.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 78

Logistics Bureau

JANUARY 1, 2025

A Abaft: A point on a ship, toward the stern, and hence beyond the central point of the ships length. Abandon: In shipping, this term refers to the act of a shipper or consignee abandoning some or all of their cargo. Adjustment: A term used in freight shipping to denote additional charges applied to a shipment after delivery.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 76

SCMDOJO

MARCH 25, 2022

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. The entire business cycle of an industrial company (sales forecast, supply, production, storage, shipping, after-sales service, etc.) should imperatively be digitized in the current era.

Supply Chain Planning Software 138

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 138

ShipBob

SEPTEMBER 24, 2021

That’s why it’s essential to track certain ecommerce KPIs that identify how your warehouse operation is influencing the customer experience, such as order accuracy and shipping times. This KPI is critical to follow, because it can influence your picking process and how accurate items are being fulfilled.

Optimal Sourcing 52

Optimal Sourcing Warehousing Inventory Reduction Inventory Management Software 52

RFgen

AUGUST 5, 2020

In this article, we will do a deep dive into what mobile barcoding is, how it fits into your enterprise, and what results you can expect in terms of KPI improvements and future growth. Mobile barcoding software can help businesses eliminate bottlenecks in multiple areas, such as: Shipping & Receiving. What is Mobile Barcoding?

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 98

ShipBob

FEBRUARY 3, 2023

In this article, we’ll take a closer look at the most important KPIs to track in the retail industry, how to track them, and how to leverage them to benefit your retail business. What is a retail KPI? A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing.

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

ThroughPut

OCTOBER 20, 2022

Accelerate Material Movement: Geospatial maps enable faster decision-making at micro as well as macro levels with a deeper insight of the links and interactions among suppliers, plants, warehouses, and point-of-sale locations as goods and materials are shipped from origin to destination.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Optimization 52

Unleashed

JANUARY 10, 2023

Set up supply chain mapping and event planning Supply chain mapping is the process of documenting all of the individuals and companies involved in your supply chain, from manufacturing components to shipping out the finished product. Continue to optimise until your entire production ship is firing on all cylinders.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Logistics Bureau

JANUARY 30, 2025

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 ocean freight prices. Indeed, it’s a very straightforward concept.

Benchmarking 40

Benchmarking Negotiating Skills Freight Rail Software 40

Supply Chain Matters

OCTOBER 7, 2024

From an economic standpoint, I see bottlenecks in global shipping and logistics. Some are KPI led, some are innovation and tech led. Plus, you’ve got the added risk of cyber security attacks, events that have by default changed the landscape. With hurricanes and things, everything is being disrupted from different angles.

Europe 52

Europe Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 52

RFgen

NOVEMBER 8, 2018

Add to this the impact of external factors like the Amazon Effect , commoditization and customer expectations of next day and same-day shipping, and it’s clear that warehousing must find new ways to solve challenges more effectively. Driving higher KPI performance and goals. Faster pick, pack, ship and fulfillment.

Warehousing 59

Warehousing Supply Chain Software Supply Chain Planning Software Inventory Management Software 59

RFgen

NOVEMBER 8, 2018

Add to this the impact of external factors like the Amazon Effect , commoditization and customer expectations of next day and same-day shipping, and it’s clear that warehousing must find new ways to solve challenges more effectively. Driving higher KPI performance and goals. Faster pick, pack, ship and fulfillment.

Warehousing 59

Warehousing Supply Chain Software Supply Chain Planning Software Inventory Management Software 59

RFgen

AUGUST 5, 2020

In this article, we will do a deep dive into what mobile barcoding is, how it fits into your enterprise, and what results you can expect in terms of KPI improvements and future growth. Mobile barcoding software can help businesses eliminate bottlenecks in multiple areas, such as: Shipping & Receiving. What is Mobile Barcoding?

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 52

GlobalTranz

FEBRUARY 16, 2015

However, its usage is yet to reach a point where shipping professionals consider it indispensable for their business. However, most of the shipping professionals have at least some knowledge of TMS and are aware that they will have to start using it at some point in the future if they want to continue doing business.

Transportation Management 120

Transportation Management Supply Chain Network Software Expense Reduction Transportation 120

The Logistics of Logistics

JUNE 20, 2014

Recently, a shipping manager asked me what selection criteria he should use when selecting a 3PL. As a sales guy for a 3PL I am always anxious to impress shipping managers, so I created the following 9 things to consider when selecting a 3PL. Metrics / Key Performance Indicators (KPI). Carrier Network. Service Area Footprint.

3PL 113

3PL Negotiating Skills Optimal Sourcing Purchasing Training 113

6 River Systems

FEBRUARY 25, 2019

It is absolutely imperative to be in a position to do as much quality control as possible in house, so that all that is required thereafter is shipping from the manufacturer straight to the customer. Mark Beckner. MarkInotek.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55