Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

SCMDOJO

FEBRUARY 21, 2025

Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supply chain disruptions, a robust procurement strategy is no longer optionalits essential. The right procurement strategy ensures that organizations: Mitigate risks before they escalate. Want to future-proof your procurement function?

Optimal Sourcing 59

Optimal Sourcing Supply Chain Disruption Vendor Strategies Cost Reduction Strategies 59

Supply Chain Shaman

JANUARY 2, 2023

In traditional advanced planning applications (APS) for a manufacturing company, the forecasting model’s role is to generate a time-series forecast in the tactical horizon (outside of lead time). (An In traditional planning taxonomies, the tactical forecast is modeled, and the operational signal is calculated using consumption logic.

Supply and Demand 391

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 391

Logistics Viewpoints

JULY 23, 2024

Without sufficient data, AI models can’t uncover meaningful patterns, make accurate predictions, or provide valuable insights for informed decision-making in complex and dynamic environments. At the same time, feeding your AI models too much data can also be a problem. Data is the lifeblood of AI in the supply chain.

Optimal Sourcing 307

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 307

SCMDOJO

OCTOBER 30, 2024

Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects. MTSS platforms facilitate hands-on projects where learners can apply statistical methods to identify trends, forecast demand, and optimize inventory levels.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97

Logistics Viewpoints

DECEMBER 14, 2021

To keep customers like my dad satisfied, RGD and Quick-commerce companies need to invest in new technologies to optimize the supply chain and logistics operations. Inventory Optimization. Inventory Optimization involves decisions about the inventory level, the location, and the mix of products.

Supply Chain Planning Software 286

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 286

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. This includes optimization and discrete event simulation. Metrics Alignment. Most companies operate well within functions, but struggle to build strong horizontal processes. They lack cohesion.

Supply Chain Planning Software 283

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

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. AI models have grown tenfold, representing a step-change in AI capabilities, creating new use cases across the supply chain.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logistics Viewpoints

JULY 22, 2021

Instead using the discipline of the flow modeling as mentioned in #1 above, S&OP should incorporate: Identification and testing of specific points of failure, quantified impacts on the supply chain from these failures, and mitigation of the same. Traditional inventory optimization implementations often assume fixed network and flows.

S&OP 284

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

Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks. are most exposed to risk?

Supply Chain Design Software 293

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

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Customer Satisfaction scores side by side with the service level and availability metrics. Modeling the impact of weather events. Modeling impact of promotions and campaigns.

Supply Chain Planning Software 284

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 284

Supply Chain Shaman

FEBRUARY 1, 2024

Optimization engines to improve functional metric performance resulted in an exploding number of planners. Through the use of a NoSQL unified data model, the company is able to now move data within 15-minute increments improving the data flow for inventory availability to improve allocation and ATP processing.

Supply Chain Planning Software 359

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 359

Precoro

MARCH 27, 2025

According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction.    The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

Logistics Viewpoints

MARCH 31, 2022

Since a single warehouse worker represents $50,000 in annual costs — and talent is extremely scarce — it makes sense to optimize the accuracy and efficiency of every task. Delivered in a software-as-a-service (SaaS) model, warehouse tasking solutions gather real-time, 24/7 operations data, flag issues and generate an autonomous response.

Logistics Network Optimization Software 291

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Supply Chain Network Software 291

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. transportation management optimization ?to The following represent the critical ways strategic partnerships can help supply chain managers achieve optimal OTR management for their freight despite the uncertainty of the trucking market.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Download the White Paper: Over the Road Freight Management Trends.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

Talking Logistics

OCTOBER 27, 2016

Supply chain network and transportation optimization can help make better sourcing and multi-stop route decisions that ultimately result in route design that balances low costs with higher service. In 2010, Walmart announced its goal to eliminate 20 million metric tons of GHG emissions from its global supply chain by the end of 2015.

Cost Reduction Strategies 100

Cost Reduction Strategies Material Savings Modeling Software Sourcing Strategies 100

ToolsGroup

OCTOBER 4, 2016

In addition, Lennox is starting to redefine their customer service around autonomous operations and new business models. Costa calls their transformation "revolutionary" with significant improvements in operational and logistics metrics and an approximately 10X increase in points of sale.

Supply Chain Planning Software 254

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 254

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. Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. Cash-to-cash is a compound metric. Reflections. Tonight I am in Frankfurt.

Optimal Sourcing 173

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

Talking Logistics

NOVEMBER 10, 2014

As I wrote earlier this year in Is Your Business Model Safe? , Ralf Kahre and Patrick Gött began their presentation with an overview of BASF’s Business Process Management (BPM) Operating Model, and then discussed how they applied the model to improve the Purchase-to-Pay (P2P) process.

Optimal Sourcing 203

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 203

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

Supply Chain Shaman

FEBRUARY 14, 2022

The model in Figure 1 became the foundational model for the Gartner S&OP model. Forty interviews and two quantitative studies helped me build the model in my mind. Sales and Operations Maturity Model from 2005-2008. Organizations can align to drive value despite the allegiance to functional metrics.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Logistics Viewpoints

JANUARY 23, 2024

The data is all anonymous, but retailers can look at metrics such as time to fulfill, pack time, conversions, and ship versus pick-up, to name a few, across hundreds of Active Omni customers. Manhattan also spoke about returns, as they use their routing optimization engine for returns.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 298

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During Eight years ago, we started with a focus on Total Delivered Cost (TDC) and elevating our cost savings program performance, as well as eliminating sub-optimized cost efforts that might have helped in one specific area, but hurt our overall performance.

Case Study 287

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 287

Supply Chain Game Changer

OCTOBER 11, 2022

Supply chains are central to optimal eCommerce results. Needless to say, any issues in these intricate processes and lack of Supply Chain optimization leads to customer dissatisfaction and a poor reputation. In short, if building a robust eCommerce business is your goal, you must optimize your supply chain. Operational Planning.

Optimal Sourcing 81

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 81

Jaggaer

OCTOBER 24, 2024

The Art of Supplier Collaboration: Best Practices to Build Lasting Partnerships Dynamic market changes and global events seem to create newer demands and greater pressure on procurement professionals. Find out more about the different models of holistic supplier management.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Strategies Inventory Reduction Resource Reduction 52

Logility

APRIL 13, 2021

It has overcome an early identity crisis and proved itself as a powerful enterprise planning tool , helping companies meld financial, sales, production, procurement and marketing information into a single plan, grounded in reality. Integrated business planning is a new level of visualizing, evaluating and optimizing your supply chain.

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Planning Scenario Planning S&OP 239

ivalua

JUNE 29, 2020

Being a glass half full kind of person, there is a giant opportunity ahead to improve and optimize. BSW built up a leading supply chain function and established a self-distribution model, all of which helped to improve overall margins. Establish a more advanced self-distribution model. Share on Twitter. Big Opportunity Ahead.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 108

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 108

Jaggaer

OCTOBER 24, 2024

In the absence of communication, even the best suppliers can only deliver marginal value at best. For optimal effectiveness, supplier selection, contract management , and supplier development must be supported by consistent, streamlined, and transparent collaboration. Collaboration brings visibility and agility for gaining market share.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Supply Chain Planning Software Negotiating Skills 52

Supply Chain Shaman

APRIL 17, 2013

Data model structures are the difference between success and failure. Today, due to tight integration, only 10% of companies are satisfied with their “what-if” modeling capabilities, and only 23% can model supply chain profitability. Demand-driven Concepts Are Not an Evolution. Details matter. Both are essential.

Supply Chain Design Software 258

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Supply and Demand 258

Supply Chain Shaman

JUNE 21, 2016

The metrics reward functional thinking. The focus of APICS is manufacturing, CSCMP’s foundation is in logistics, and ISM serves the procurement organization. In our research, the network design maturity model shown in Table 1 is helpful to many of our clients. Network Design Maturity Model. New Business Models.

Supply Chain Design Software 166

Supply Chain Design Software Supply Chain Planning Software Network Design Software Modeling 166

Supply Chain Shaman

MAY 7, 2015

Companies that have cross-functional alignment and clear governance models can make progress faster. The company that plays to win does not strive to have the best manufacturing costs, or the best procurement practices; instead, the team focuses on winning together cross-functionally on a commonly held portfolio of metrics.

Sourcing Strategies 150

Sourcing Strategies Resource Reduction Optimal Sourcing Cost Reduction Strategies 150

Procurement Academy

JANUARY 9, 2025

It incorporates disciplines such as procurement, logistics, and inventory management to create a cohesive and competitive supply chain. Capability 1: Demand Forecasting and Planning Accurate demand forecasting allows a business to optimize inventory levels, reduce costs, and improve its overall customer satisfaction.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Sourcing Strategies Optimal Sourcing 52

SCMDOJO

JANUARY 23, 2023

List of Top 10 Supply Chain Analytics Books 1) Supply Chain Metrics that Matter (Wiley Corporate F&A) 1st Edition This book offers an in-depth guide to understanding the link between corporate financials and supply chain maturity, evaluating the progress of over a hundred companies from 2006-2013.

Prescriptive Analytics Software 132

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 132

GlobalTranz

OCTOBER 15, 2015

As a sourcing or procurement manager, you may think there’s nothing new about supplier collaboration. Your chief procurement officer (CPO) most likely disagrees. The need for supplier collaboration in procurement is greater than ever. Forward-thinking CPOs acknowledge the benefit of supplier partnerships.

Optimal Sourcing 120

Optimal Sourcing Modeling Agile and Lean Supply Chain Optimization Modeling 120

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals. What can you do to make sense of it?

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68