Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) Understanding this relationship requires modeling. (A A Case Study.

Procurement Analytics 339

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 339

DELMIA Quintiq

DECEMBER 14, 2021

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. Besides being a waste in precious resources, this quantity of wasted food also contributes to 8-10% of greenhouse gas emissions, making it actively detrimental to our environment. Source: [link].

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

Precoro

DECEMBER 24, 2024

Read on to explore key AI use cases in procurement, the challenges businesses face, strategies to overcome them, and the exciting opportunities AI brings for the future. Contract analysis AI in sourcing and procurement is transforming contract management by automating key tasks like contract review, compliance tracking, and renewal alerts.

Price Reduction 87

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 87

Logistics Viewpoints

APRIL 21, 2021

The point of the virtual summit was to discuss how streamlining the order-to-fulfillment process achieves perfect delivery, improves customer loyalty, and reduces costs. What is the Perfect Delivery Metric? The wrong metrics drive suboptimal behaviors and metrics can often be manipulated. Third is to deliver on time.

Sourcing Strategies 256

Sourcing Strategies How To Supply Chain Design Software Supply Chain Planning Software 256

Supply Chain Shaman

JULY 25, 2021

The first reason is that it is a bad use of a resource. The focus on Enterprise Resource Planning (ERP) sucked up company resources. The Focus Inside-out Supported by Functional Metrics. Functional Intitiatives Without Clarity on Supply Chain Strategy. The reason? A sales person should be selling. Maturity Model.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

ivalua

NOVEMBER 29, 2022

When it comes to supply continuity, being proactive about mitigating disruptions is essential, yet many procurement organizations may still lack sufficient resources. Tracking the Metrics that Matter. Inflation Metrics. Savings from Sourcing: In 2021, competitive sourcing projects generated an average of 7.7%

Procurement Analytics 130

Procurement Analytics Metrics Manufacturing Procurement Optimal Sourcing 130

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

We also look to reduce or eliminate the use of plastic packaging. CEVA Logistics is taking a lead in the air cargo industry to reduce the logistics-related impact on the environment at the source by creating demand for more sustainable aviation fuel (SAF). Photo Credit: United Airlines. million gallons of SAF this year.

Supply Chain Planning Software 242

Supply Chain Planning Software Resource Reduction Global Supply Chain Software 242

Logistics Viewpoints

JANUARY 31, 2024

As regulations across the globe strengthen, the pressure to collect, report, and organize emission-related metrics has never been higher. Across the globe, requirements for stricter reporting on complex metrics are increasing. If the resources and software are applicable, automate as much of your data collection as possible.

Report 275

Report Data Material Savings Manufacturing Procurement 275

The Logistics & Supply Chain Management Society

MAY 28, 2022

While it’s undeniably important to source products responsibly and produce recyclable or reusable products, companies also need to focus on making the transportation and distribution of products more sustainable. Ensure Your Materials Are Ethically Sourced. You can also keep track of your supplier’s transportation times.

Sustainability 264

Sustainability Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization 264

SCMDOJO

AUGUST 10, 2024

To optimize operations, reduce costs, and minimize environmental impact, a multifaceted approach is required. This article explores key strategies for enhancing logistical efficiency and thus improving profitability and reducing cost. A full life-cycle analysis is essential to assess the overall environmental impact.

Sourcing Strategies 93

Sourcing Strategies Cost Reduction Strategies Resource Reduction Inventory Reduction 93

Logistics Viewpoints

DECEMBER 1, 2022

Source: Descartes Datamyne. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. 2023 call: Consumers will focus on home delivery performance and retailers will focus on home delivery cost reduction or recovery. Figure 1: U.S. Container Import Volume Year-over-Year Comparison. Somewhat nailed it.

Predictive Analytics Software 218

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 218

Supply Chain Shaman

JANUARY 14, 2013

Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. Based on recent research, today, over 90% of companies have an Enterprise Resource Planning (ERP) system and an Advanced Planning System. Here is my argument. These technologies are mature.

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 260

DELMIA Quintiq

APRIL 15, 2020

In a sea of solutions, what’s most important to realize is that technology can only enable change if it fits your specific strategy. It is essential to use a planning system that can integrate with other systems such as enterprise resource planning (ERP), warehouse management systems (WMS) and e-commerce platforms.

Supply Chain Planning Software 271

Supply Chain Planning Software Optimal Sourcing Optimization Software Supply Chain Planning 271

GlobalTranz

JUNE 8, 2017

Big enterprises might not be that open to innovations but are hypersensitive to cost and resource savings. It also reduces your resources and improves processes. It incorporates your resources from every stage of the logistic process in the real-time. It cuts down costs on software maintenance and upgrade.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Resource Reduction Modeling Software Cost Reduction Strategies 200

Supply Chain Opz

NOVEMBER 12, 2016

Therefore, the challenge to establish ranking method is to find more economical data source and unbiased metric. Integration of supply chain management processes require the good planning, implementing and controlling skills both within and across the companies to reduce cost and improve service.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Gartner Supply Chain Strategy 271

GlobalTranz

SEPTEMBER 23, 2021

The added strain on resources is on track to force high freight volumes to continue well into the next year. Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? With immense strain on available resources, carriers have seen record-shattering profitability. Focusing on the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

ThroughPut

MAY 22, 2024

An Enterprise Resource Planning (ERP) system is a suite of integrated software applications that helps organizations manage and automate their core business processes. This integrated view of core business processes can help companies improve efficiency, cut costs, and respond more nimbly to changing market conditions and customer needs.

Supply Chain Planning Software 98

Supply Chain Planning Software Resource Reduction Optimal Sourcing Resources 98

RFgen

NOVEMBER 27, 2024

It’s the key to transforming your supply chain from a source of frustration into a well-oiled, profit-generating machine. You’ll learn how to leverage data to streamline operations, reduce costs, improve efficiency, and exceed customer expectations. That’s where data analytics comes in. Ready to get started?

Optimal Sourcing 82

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 82

QAD

AUGUST 12, 2021

If you’re reading this blog in 2021, you know about the increasing importance of sustainability and reduced environmental impact with fires in the western US, excessive flooding in Europe and a recent Canadian heat wave. The benefits go beyond brand allegiance to include: Improved operational efficiency with reduced waste and costs.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

Enterra Insights

JANUARY 6, 2021

.”[2] The staff at Advanced Transportation Systems (ATS) adds, “Supply chain management deals with the procedures encompassing sourcing components a company requires to develop its products or service to deliver the end product to customers. If you want to develop a robust SCM strategy, you have to look at the entire ecosystem.

Supply Chain Design Software 190

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 190

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.

Sourcing Strategies 59

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 59

Supply Chain Shaman

DECEMBER 17, 2018

The lubricants are oils and greases to reduce friction and prevent moving machine parts from grinding. Shell operates as a single-instance of SAP Enterprise Resource Planning (ERP). Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. Overview of Shell.

Demand Planning Software 255

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 255

Logistics Viewpoints

OCTOBER 26, 2021

Yet plants, animals, and Native peoples thrive in this environment with resourcefulness and adaptability. Supply chains must be connected and collaborative so all links can align to business strategy and oriented toward a common set of the most important metrics (and not functional metrics that drive siloed behavior).

Supply Chain Design Software 242

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software Pharmaceutical 242

Precoro

NOVEMBER 11, 2024

These benefits aren’t just about lower prices; they’re also about reducing transportation and inventory costs, which can really add up over time. That means they’re doubling up on items, wasting money, and tying up resources in products they don’t need right now.

Pricing Training 90

Pricing Training Expense Reduction Price Reduction Cost Reduction Strategies 90

Supply Chain Opz

JANUARY 7, 2013

Apple Inc purchases raw materials from various sources then get them shipped to an assembling plant in China. Some components are currently obtained from the single or limited sources. So this section will explain some characteristics of Apple Supply Chain through various metrics and compare them with Amazon Supply Chain.

Case Study 279

Case Study Study Negotiating Skills Supply Chain Planning Software 279

Logility

DECEMBER 14, 2021

In a collaborative environment, companies can execute their sustainability strategy through consensus with supply chain stakeholders. Effective governance requires real-time data to improve sourcing decisions, create and nurture a strong supplier network, and provide the transparency consumers demand. Key Takeaways: Talk isn’t enough.

Supply Chain Planning Software 198

Supply Chain Planning Software Government Supply Chain Software Sourcing Strategies 198

RFgen

DECEMBER 19, 2024

Successfully scaling manufacturing requires more than just adding resources. This agility minimizes downtime and maximizes resource utilization. This targeted approach optimizes resource allocation and minimizes bottlenecks by allowing you to scale only where necessary.

Material Savings 59

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 59

SCMDOJO

AUGUST 4, 2023

If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business. But when should you consider reducing inventory? The same applies to inventory reduction.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 98

Unleashed

APRIL 27, 2022

We take a look and offer strategies and case studies, along with tips from supply chain professionals. A circular supply chain is where used products or their parts are returned or processed so they can be repaired, resold, refurbished or recycled – which reduces waste from the supply chain and is more sustainable.

Material Savings 96

Material Savings Waste Reduction Cost Reduction Strategies Resource Reduction 96

Supply Chain Shaman

MARCH 5, 2019

While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. The focus is on functional metrics, but are unable to get to overall supply chain metrics. When an individual in a strategy session says real-time data, everyone shakes their heads yes.

Supply Chain Design Software 294

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 294

Unleashed

JANUARY 25, 2023

In these tricky times, smart cash flow management strategies are essential to bring down costs (or push profits) in controllable areas, offsetting international instability. This is achieved through the implementation and continued improvement of cash flow management strategies. To improve cash flow, process optimisation is necessary.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 96

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction Strategies 96

Supply Chain Shaman

FEBRUARY 26, 2024

Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. There are 192 different ways to cut-up a cow. Then take an inventory of all the sources of channel data in the organization.

Modeling 207

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 207

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Networks and Sourcing.

Supply Chain Network Software 240

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 240

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. I also suggest to our clients that they keep the following basic principles in mind relative to their KPI strategies.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

ToolsGroup

AUGUST 20, 2019

Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. Those companies also reduced planning spend. An outsourcing vendor can be used at the entity to share best practices, recommend and implement new methodologies, and train resources.

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning. billion a year.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 208