DELMIA Quintiq

MARCH 4, 2021

Viterra , formally Glencore Agriculture, a global leader in the sourcing, handling, processing and marketing of agricultural commodities and products, has started a global digital transformation program to improve and accelerate its business decisions.

Optimal Sourcing 296

Optimal Sourcing Supply Chain Planning Software Scenario Planning Global 296

ToolsGroup

NOVEMBER 2, 2020

The process brings together all the plans for the business (sales, marketing, development, manufacturing, sourcing, and financial) into one integrated set of plans.” Ultimately, they were able to increase their statistical forecast accuracy by 3.2% (KPI: WMAPE) within six months of the French pilot project’s beginning.

Forecasting 287

Forecasting Forecasting Software Optimal Sourcing S&OP 287

Logistics Viewpoints

APRIL 19, 2023

By integrating all of these steps, companies can create a single source of truth, which makes decision making faster and more agile. In the digital step, companies integrate all data sources to consolidate data on a cloud platform. So how do companies achieve autonomous planning?

Supply Chain Planning Software 293

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 293

Silvon Software

APRIL 19, 2022

To generate true, actionable insights, it is crucial to deploy KPI metrics together with a single source of truth to produce actionable insights that can drive performance results. I also suggest to our clients that they keep the following basic principles in mind relative to their KPI strategies. Supplier KPIs.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

ToolsGroup

JUNE 15, 2023

This AI-driven forecasting method incorporates data from a broader range of sources to generate a range of probable forecast outcomes and calculate the likelihood of each. Seems our European attendees were much more interested in what our SCM wheel was predicting their top KPI might be! We also gave away 167 Amazon gift cards.

Gartner 293

Gartner Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 293

Logistics Viewpoints

JANUARY 18, 2024

1) Streamlined Data Flow and Process Automation Is all about AI At the heart of effective supply chain automation lies the seamless flow of data across various sources and digital platforms, akin to a well-constructed highway for data. AI effectively facilitates continuous improvement in supply chains!

Supply Chain Software 325

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Network Design Software 325

ivalua

AUGUST 21, 2022

Among these practices are supplier identification through sourcing, relationship management, and reporting. Sustainable and socially responsible procurement practices that cover the full spectrum can provide end-to-end visibility that facilitates monitoring and compliance, and delivers continuous value to the business.

Sourcing Strategies 240

Sourcing Strategies Optimal Sourcing Sustainability Supply Chain Strategy 240

SCMDOJO

DECEMBER 29, 2024

However, it offers a broad overview of the key concepts and principles of supply chain management that include: Planning Sourcing Production Delivery Returns To understand the entire supply chain ecosystem and its critical role in business success, get your hands on this course right now!

Optimal Sourcing 98

Optimal Sourcing Course Negotiating Skills Purchasing Skills 98

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 284

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 284

Logility

APRIL 2, 2020

Lastly, develop Key Performance Indicators (KPIs) around those measures. A good KPI will be measurable against some benchmark or criteria. It’s relatively easy to identify a large number of KPIs to monitor – but it can be a lot harder to capture the data you’ll need. 2 Identify and get access to the right data sources.

Negotiating Skills 157

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

Silvon Software

APRIL 8, 2022

In an effective KPI strategy, leading indicators that help provide insight into future performance should be balanced with lagging indicators that tell them how they’ve done. I also suggest to our manufacturing clients that they keep the following basic principles in mind relative to their KPI strategies. Machine KPIs.

Optimal Sourcing 119

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 119

Silvon Software

APRIL 29, 2022

In an effective KPI strategy, we always recommend that leading indicators that help provide insight into future performance should be balanced with lagging indicators that tell companies how they’ve done. Every inventory KPI needs a clearly defined goal. Ideally, the average time to sell should be as low as possible.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

ToolsGroup

DECEMBER 11, 2023

If standard KPIs skip monthly reporting to go straight to quarterly patterns, you lose valuable insights that would make forecasts more accurate. Daily seasonality (Source: [link] ) Yearly seasonality (Source: [link] ) 4. 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

Jaggaer

MARCH 20, 2025

From sourcing and contract management to order management, supplier relationship and complaint management, JAGGAER’s solutions support Rittal in optimizing its procurement processes. JAGGAER’s source-to-pay platform met all these criteria, ultimately winning the contract.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Demand Planning Software Procurement 52

Enchange Supply Chain Consultancy

APRIL 1, 2014

Across the Source, Plan, Make and Deliver Supply Chain disciplines we can see excellence and leading edge systems and performance. Overall Supply Chain efficiency is monitored through a short list of highly relevant and stretching KPI targets. Lead times are optimised and stock is on consignment. What an organisation!

Pharmaceutical 131

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Manufacturing Procurement 131

AIMMS

MARCH 2, 2021

S&OE] deals with all the issues stemming from actual demand and supply (source: Gartner ).”. How many data sources are typically connected to S&OP and S&OE apps? S&OE needs more operational data and therefore these types of applications are more often connected to source systems like ERP, WMS, OMS, and others.

Modeling 207

Modeling Optimal Sourcing AIMMS S&OP 207

ToolsGroup

MAY 16, 2023

This AI-driven forecasting method incorporates data from a broader range of sources to generate a range of probable forecast outcomes and calculate the likelihood of each. While we received a broad variety of answers to the question of KPIs, we did record a 76% consensus around just six KPIs.

Gartner 283

Gartner Supply Chain Planning Software Supply Chain Planning Inventory Reduction 283

Logistics Viewpoints

DECEMBER 5, 2022

The data from Infor Nexus also helps the transportation teams do better carrier sourcing. Further, historically Molex had a focused sourcing strategy. We have a KPI (key performance indicator) that tracks how well we are doing with those basic data elements” needed for in-transit visibility. That in turn led to a faster go live.

Agile and Lean Supply Chain 272

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 272

ivalua

OCTOBER 22, 2020

digitization Procurement processes from sourcing to accounts payable is a key strategy. More advanced Procurement organizations are regularly measuring this as a KPI and good Procure-to-Pay systems are a must. Digitizing the P2P Cycle is good for productivity. Procure-to-Pay Software mitigates financial risk.

Procurement Solutions 147

Procurement Solutions Supply Chain Planning Software Supply Chain Software Forecasting Software 147

Talking Logistics

JULY 22, 2014

Let us take a look at how visibility in your supply chain can extend from the sourcing of raw material all the way to the delivery of finished goods to a consumer. First look at sourcing, then the purchase order process, order management, track and trace, all the way through to reconciliation.

Supply Chain Design Software 182

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

DELMIA Quintiq

JUNE 8, 2021

In my last post , I wrote about being an agilist and a new KPI that measures one’s ability to be agile. Fully contextualized data results from a single source of truth and information models. Taking Action. You now have information, so what’s next? Nothing happens or changes until an action is taken or occurs with that information.

Optimal Sourcing 156

Optimal Sourcing Agile and Lean Supply Chain Modeling Supply Chain Planning Software 156

SCMDOJO

MARCH 24, 2025

Strategic Sourcing: Strategic sourcing involves managing suppliers, while their selection is done through Request for Quotation (RFQs) forms from multiple suppliers to compare and evaluate them based on pricing, quality, and delivery speed. Check out the Procurement KPI Dashboard now! worry no more! References Garnder, S.

Purchasing Skills 69

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 69

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. Cash to Cash Cycle Time (Cash).

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Enchange Supply Chain Consultancy

MARCH 31, 2015

Across the Source, Plan, Make and Deliver Supply Chain disciplines we can see excellence and leading edge systems and performance. Overall Supply Chain efficiency is monitored through a short list of highly relevant and stretching KPI targets. Customer service levels are over 99% for all customers. What an organisation!

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Manufacturing Procurement Sourcing Strategies 100

ShipBob

DECEMBER 28, 2022

Where you get these from, or how you source them, can be a huge decision. Sourcing can seem overwhelming if you’re a brand or retail buyer not entirely sure what you’re doing, but it can significantly impact the quality, cost, and availability of your products. What is strategic sourcing? What is procurement?

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

SCMDOJO

AUGUST 10, 2024

Logistical Efficiency in Sourcing, Distribution, and Delivery Local Sourcing: While offering potential environmental benefits, local sourcing introduces complexities like smaller vehicle sizes and less-than-full loads. Balancing consumer preferences for locally sourced products with logistical efficiency is crucial.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Strategies Resource Reduction Inventory Reduction 98

ivalua

JULY 26, 2022

Source-to-Pay (S2P) platforms can enable this collaboration, from secure information sharing–to automating action and improvement plans. However, procurement leaders point to a lack of incentives to reduce their carbon footprint – to the extent that sustainability is not even considered as a KPI.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Cost Reduction Strategies 130

Silvon Software

APRIL 11, 2024

Here we outline a blueprint for developing an effective data analytics strategy, beginning with the careful selection and assessment of Key Performance Indicators (KPIs), the adoption of a centralized data hub to streamline data management, and a thoughtful, gradual expansion of data capabilities tailored to the organization’s strategic needs.

Predictive Analytics 104

Predictive Analytics Analytics Software Analytics Sourcing Strategies 104

Silvon Software

JULY 22, 2022

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Why is KPI tracking so important in supply chain management? Inventory KPIs and Metrics for Managing Supply Chain Performance.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

BlueYonder

DECEMBER 16, 2024

While these systems do compile and present copious amounts of data from various data sources and partners, users are unable to act on what they see. However, it is critical to understand and remember that some technology vendors refer to their analytics systems as control towers, even though they lack control.

Supply Chain Planning Software 64

Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Software Modeling 64

GlobalTranz

JULY 7, 2015

However, technology can be used to turn what seemed as losses into standby sources of revenue. Efficient processes are a major part in keeping an eye on reverse supply chains, as keeping track of Key Performance Indicators (or KPI for short) can only help a company predict of what’s to come in terms of sales.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Material Savings 120

Logistics Bureau

DECEMBER 14, 2021

Watch this: Related articles on this topic have appeared throughout our website, check them out: KPIs for Your Warehouse: How to Choose and Use Them. KPI Key Performance Indicators in Supply Chain & Logistics. 11 Golden Rules for Meaningful Supply Chain KPIs.

Supply Chain Strategy 98

Supply Chain Strategy How To Supply Chain Optimal Sourcing 98

The Logistics & Supply Chain Management Society

MARCH 14, 2023

CARRIERS SCORECARDS: PERFORMANCE INDICATORS Recognising the need and the importance of such measures, the shippers’ council launched the KPI in 2021. The KPI is a qualitative index (not a definitive scorecard) that provides an unbiased perspective to shape our logistics service providers’ mindset and actions.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

SYSPRO Smarter ERP

NOVEMBER 3, 2021

A good way to decide which KPIs to use is to look at how the supply chain is broken down into different processes. The SCOR (Supply Chain Operations Reference) methodology has six high-level business activities that define the supply chain – plan, source, make, deliver, return, and enable.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

ToolsGroup

MARCH 17, 2021

Starting from pre-implementation we align on target key performance indicator (KPI) levels and benchmark progress to accelerate time to value. In a world that rarely plays by the rules, Michael and Stefano embody ToolsGroup’s relentless focus on delivering value to customers,” said ToolsGroup CEO Joseph Shamir.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

BlueYonder

APRIL 9, 2024

This includes demand planning, volume assessments at a granular level, knowing where best to source from to meet omni-channel demand, where to then position inventory based on known demand and where customers are located, and, of course, how best to then fulfill orders and to optimize the last mile.

Optimal Sourcing 122

Optimal Sourcing Sustainability Material Savings Waste Reduction 122

Logistics Bureau

FEBRUARY 28, 2019

If you want meaningful supply chain KPIs, you need to live with the numbers they reveal. I’ve seen more than one management team create or exploit process loopholes to arrive at better KPI results. A more meaningful KPI would be to measure how many deliveries take place during the first hour of the time window.

Supply Chain Strategy 75

Supply Chain Strategy KPI Supply Chain Planning Supply Chain Software 75