RFgen

DECEMBER 4, 2024

As companies across industries have discovered, a well-optimized supply chain can drive significant improvements throughout their operations. We’ll examine the key components of efficient supply chains, explore essential performance metrics, and uncover the fundamental drivers that influence efficiency.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. During the pandemic, companies struggled with planning systems turning off the optimizers, and using the technology as a system of record. Build in-market sourcing. What Is the Value of A Network?

Supply Chain Planning Software 401

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 401

The Logistics & Supply Chain Management Society

MAY 18, 2021

In a hyper-connected scenario of the future, entire networks can proactively sense and respond to potential supply chain disruptions. Strategic product segmentation, sourcing and inventory management. Optimize supply chain execution and minimize both delivery time and costs. The same should also be deployed downstream.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

Logistics Viewpoints

MARCH 27, 2025

Three months into 2025, we have seen a barrage of on-again, off-again tariffs that have supply chain and logistics teams reeling, as they must rethink everything from next weeks shipping route to their foundational network models. They are also limited by their supplier, carrier, and trading partner networks. billion to $23.07

Supply Chain Planning Software 151

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 151

Supply Chain Shaman

SEPTEMBER 3, 2018

Third, they align the interests of all the firms in the supply network so that companies optimize the chain’s performance when they maximize their interests. Reward teams for cross-functional metrics. Focus functional metrics to improving reliability. For more on this topic, read the book Supply Chain Metrics That Matter.

Supply Chain Planning Software 329

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 329

Kinaxis

MARCH 22, 2017

by Alexa Cheater From designing, sourcing and manufacturing, to distribution and consumption, your supply chain is at the heart of your customer satisfaction levels. Implementing inventory optimization. The challenges of inventory optimization can be immense. Single vs. multi-echelon inventory optimization.

Optimal Sourcing 196

Optimal Sourcing Supply Chain Optimization Network Optimization Inventory Reduction 196

RFgen

NOVEMBER 20, 2024

These systems also support phased implementation, allowing you to start with high-priority processes, train staff during regular work hours, deploy your wireless infrastructure before software rollout, maintain parallel systems during the initial transition, and closely monitor performance metrics. Think of it as smart routing for your team.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Waste Reduction Cost Reduction Strategies 98

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 284

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 284

ToolsGroup

JUNE 2, 2023

In this blog post, we’ll explore the challenges of inventory management in today’s manufacturing landscape , discuss the importance of a “single source of truth” for global inventory, and introduce a powerful solution that can help manufacturers transform their operations and drive profitability. How do they achieve this?

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Supply Chain Shaman

JUNE 16, 2014

I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear. In my work on the Supply Chain Index , I see that companies I recognize as doing network design well are rising faster on the list of the Supply Chain Index work.

Supply Chain Design Software 288

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 288

The Network Effect

AUGUST 1, 2014

Today and in the posts that follow, I want to discuss the technology transformation that many supply chains are undergoing, and discuss how these changes can help the wider organization move from “good” to “great” Enterprises today face a conundrum in the optimization of their supply network performance.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Network Software Optimal Sourcing Analytics Software 193

Logistics Viewpoints

MARCH 9, 2023

This is because most classical planning solutions lack the modeling capability and computing power to accommodate different data sources, large SKU count, and detailed constraints and contingencies to build an immediately executable plan. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 282

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 282

SCMDOJO

MAY 15, 2024

Supply chain design and optimization projects present significant challenges, ranging from complex network structures, and multiple databases to diverse business objectives. This initial step enables tailoring the supply chain network design to meet specific needs effectively.

Optimal Sourcing 98

Optimal Sourcing Network Design Software Supply Chain Design Software Modeling 98

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Who Should Prioritize an S2P Digital Transformation?

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiating Skills 52

Supply Chain Shaman

JUNE 5, 2013

Mapping of demand streams by demand characteristics and frequent adjustment of the demand engines to improve optimization. Management and planning of the entire network against a value network strategy. Integration of corporate social responsibility metrics in planning. Comprehensive view of source, make and deliver.

Supply Chain Planning Software 224

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

QAD

JUNE 25, 2019

It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Using Metrics to Measure the Health of the Business. Companies use these metrics to minimize their investment in inventory without adversely affecting customer service levels.

Procurement Analytics 111

Procurement Analytics Metrics Inventory Reduction Inventory 111

RFgen

MARCH 10, 2025

This critical aspect of optimization is often overshadowed by flashier supply chain trends. By ensuring optimal stock levels where demand exists, businesses can minimize holding costs, prevent lost sales due to stockouts, and ultimately, keep customers happy. The problem lies in effectively balancing inventory across the supply chain.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Modeling Supply Chain Optimization 52

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 271

RFgen

DECEMBER 19, 2024

This targeted approach optimizes resource allocation and minimizes bottlenecks by allowing you to scale only where necessary. Optimizing existing layouts and exploring alternative locations may be necessary. Consider these essential metrics: Asset Utilization: How efficiently are your machines being used?

Material Savings 92

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 92

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Active management of value networks and scenario planning makes a difference. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Aligning metrics matters.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 256

GlobalTranz

NOVEMBER 30, 2021

When you track transportation metrics and KPIs like transit time, on-time pickups, and percent of truckload capacity utilized across your carrier partners, you can identify trends and opportunities for streamlined OTR transportation management. Analytics provides visibility into your transportation network and operations. a shipment?doesn’t

Optimal Sourcing 221

Optimal Sourcing Transportation Rail Software Sourcing Strategies 221

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. Optimize sourcing: Focus on optimizing sourcing spend across all categories of products. Nari Viswanathan is currently Sr.

Optimal Sourcing 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

Supply Chain Shaman

JULY 22, 2019

The source data for the analysis comes from Ycharts.). We selected these metrics based on correlation work with Arizona State University in 2012. The winners drove long-term value (measured by market capitalization) while outperforming on the portfolio of metrics shown in Figure 1 and driving improvement faster than their peer groups.

Supply Chain Design Software 257

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 257

Logistics Viewpoints

JULY 19, 2023

A few ways companies can begin to offset their carbon footprint is to take a deeper look at product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling programs. This shows that all companies still have a long way to go when it comes to fuel consumption from renewable sources.

Sustainability 246

Sustainability Optimal Sourcing Logistics Material Savings 246

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 325

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 325

Supply Chain Shaman

SEPTEMBER 17, 2014

Aligned Metrics. To ensure the management of the complex system, the metrics of operating margin, inventory turns, ROIC, customer service, revenue, and forecast accuracy need to be managed together as a non-linear system. Do you actively design networks with a focus on form and function of inventory? Supply Chain Design.

Optimal Sourcing 308

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 308

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Simplified: Best Practices for Maximizing Value Strategic sourcing goes beyond cost savings its about making informed decisions that drive long-term value. Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. This includes internal and external data sources.

Supply Chain Planning Software 284

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 284

Logistics Viewpoints

SEPTEMBER 19, 2023

To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supply chains to collaborative supply networks and actively design their supply chains. With expansion of supply chains into supply networks globally, there is an increased chance of disruptions caused by various kinds of risks.

Supply Chain Design Software 293

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

Kinaxis

FEBRUARY 3, 2020

As soon as the factory closes, your entire global network knows about its effects the same day. They can also see the closure’s impacts on the rest of the network. As soon as they have this information, these planners investigate alternative sourcing using scenario planning playbooks.

Supply Chain Planning Software 273

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 273

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. It combines decisions across sell, deliver, make and source processes to drive value based outcomes. This includes optimization and discrete event simulation. It allows companies to evaluate the design of the network.

Supply Chain Planning Software 283

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 283

Supply Chain Shaman

JUNE 14, 2014

But companies often have diverging incentives and interests from their supply chain partners, so when they independently strive to optimize their individual objectives, the expected result can be compromised. ”. I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter.

Manufacturing Procurement 290

Manufacturing Procurement Optimal Sourcing Procurement Analytics Modeling 290

GlobalTranz

SEPTEMBER 23, 2021

As a result, flatbed will grow tighter as 2021 wears on, and shippers in need of flatbed will need to rethink their strategies, such as working with more regional carriers to source capacity and create long-haul moves without necessarily requiring a long-haul driver for every movement. transportation management optimization ?to

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Shaman

MARCH 18, 2018

Financial reengineering focuses on the optimization of short-term results that are usually based on a functional analysis of source, make, or deliver. Few consultants understand the interrelationships between source, make and deliver. Snow fell last night as I worked on my last Supply Chain Metrics That Matter report.

Optimal Sourcing 173

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 173

ivalua

JUNE 14, 2023

Procurement Analysts & Subject Matter Experts: These team members play a vital role in extracting and analyzing data, identifying opportunities for cost savings and process optimization. Process: Blueprints for Success This process workstream focuses on blueprinting existing processes, policies, and metrics.

Optimal Sourcing 239

Optimal Sourcing Sourcing Strategies Procurement Resource Reduction 239

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

With its ability to derive insights from vast amounts of data and derive insights, generative AI has emerged as a valuable tool to optimize supply chain operations. By leveraging the power of AI, organizations can optimize efficiency, cost-effectiveness, and overall customer satisfaction.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Shaman

OCTOBER 7, 2012

In the supply chain, variability and volatility come from many sources. The best way to start the design of an agile supply chain is to look at the sources of variability and market volatility that your supply chain encountered in the prior year. Additionally, through network strategies, be sure to design your warehouses for flows.

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231