Logistics Viewpoints

APRIL 21, 2021

What is the Perfect Delivery Metric? Improving on this metric will always involve a focus on people and processes, but often also includes implementing new, more robust, supply chain applications. The wrong metrics drive suboptimal behaviors and metrics can often be manipulated.

Sourcing Strategies 285

Sourcing Strategies How To Supply Chain Design Software Supply Chain Planning Software 285

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. The metrics that underpin MRP could be described as the balls in this juggling act. This article takes an in-depth look at the crucial metrics every supply chain professional needs to know.

Procurement Analytics 95

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 95

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. It helps plan, schedule, and track manufacturing operations, ensuring optimal utilization of resources. What are the Benefits of Implementing an ERP System?

Supply Chain Planning Software 98

Supply Chain Planning Software Resource Reduction Optimal Sourcing Resources 98

Logistics Viewpoints

JULY 7, 2022

Resource scarcity. These include: Challenges getting ESG metrics from suppliers, partners, and other third parties. Time-consuming manual processes to report on ESG metrics. Much of the ESG journey is about conserving resources with smart planning and automation—but you can’t do that manually with spreadsheets.

Material Savings 288

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 288

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. Align the organization and focus resources on building adaptive modeling capability. (I Tougher than most understand. United States Inflation Rates and GDP Inflation is the highest in forty years.

Supply Chain Planning Software 388

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 388

Logistics Viewpoints

NOVEMBER 20, 2024

Manufacturing and resource extraction activities often affect surrounding areas, requiring companies to engage proactively with residents to address concerns and mitigate negative impacts. Comprehensive health benefits further enhance workforce morale and productivity, creating a supportive environment for employees.

Waste Reduction 258

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 258

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. An outsourcing vendor can be used at the entity to share best practices, recommend and implement new methodologies, and train resources. Those companies also reduced planning spend.

Supply Chain Planning Software 214

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

Logistics Viewpoints

FEBRUARY 29, 2024

That’s a drag on time and resources. The race is on to harness AI to achieve quantum leaps in productivity — but success also hinges on investing time, energy and resources in change management. Metrics are critical as well. So what are some of the fundamental characteristics of sound change management?

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Design Software Resource Reduction Analytics Software 290

Supply Chain Shaman

JANUARY 2, 2024

We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. True content takes time and resources. ” As I write, I think about the ironies: We talk about the bullwhip, but we do not measure it or use it in driving optimization.

Gartner 284

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 284

Logistics Viewpoints

OCTOBER 23, 2024

This integration includes tracking individual components and collecting data on environmental impact, including sustainability metrics such as carbon footprint and recyclability. This helps identify potential challenges and areas for improvement without committing full resources upfront.

Resource Reduction 263

Resource Reduction Vendor Strategies Inventory Reduction Price Mitigation Strategies 263

Supply Chain Shaman

OCTOBER 29, 2014

The second step is usually a large implementation of a technology project–Enterprise Resource Planning, Customer Relationship Planning or Analytics. The second generation of solutions were built and marketed by Enterprise Resource Planning technology companies like SAP and Oracle. The book is a story.

Supply Chain Planning Software 312

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 312

ToolsGroup

JUNE 8, 2021

6 Focus on the wrong metric. RFIs also assume the organization is focusing on the right metrics. 7 Poor use of resources. There may be a better way to approach forecasting, but it’s not captured in the RFI because no one has any experience with it. #6 In volatile supply chain environments, forecasts are inherently inaccurate.

Supply Chain Planning Software 245

Supply Chain Planning Software Forecasting Software Supply Chain Software Optimization Software 245

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

Supply Chain Shaman

MARCH 5, 2019

The focus is on functional metrics, but are unable to get to overall supply chain metrics. The average company has five-to-seven Advanced Planning Systems (APS) and twelve Enterprise Resource Planning (ERP) Solutions. Companies are drowning in data, but struggle to get insights. Company Effectiveness Using Data.

Supply Chain Design Software 294

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

ToolsGroup

MAY 21, 2024

Providing Training and Resources : Equip employees with the necessary skills and tools to succeed in a decision-centric environment. Offer ongoing support and resources to help employees adapt and thrive in the new environment. Ensure that every team member understands the “why” behind the change.

Supply Chain Planning Software 156

Supply Chain Planning Software Scenario Planning Supply Chain Planning Resource Reduction 156

Logistics Viewpoints

FEBRUARY 15, 2023

The survey is structured to determine the relative importance of competing objectives, how the importance has changed over time and why; the degree to which certain external factors (resource shortages, cost inflation, etc.) are expected to exert a negative impact in 2023. Here are some preliminary survey results thus far.

Supply Chain Planning 246

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 246

DELMIA Quintiq

APRIL 15, 2020

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. Select a planning solution that can incorporate intelligent metrics and optimization technology.

Supply Chain Planning Software 271

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

Logistics Viewpoints

DECEMBER 18, 2024

However, the sectors reliance on fossil fuels and resource-intensive practices poses significant challenges. This approach also reduces reliance on virgin raw materials, conserving natural resources. This technology supports long-term planning by visualizing the effects of energy and resource optimization.

Optimal Sourcing 147

Optimal Sourcing Material Savings Supply Chain Design Software Supply Chain Planning Software 147

GlobalTranz

OCTOBER 6, 2021

In fact, a recent study , in partnership with Edelman Data & Intelligence, found a broad increased level of confidence from supply chain leaders despite peak season disruptions among those that have successfully implemented data-driven, third-party resources to manage heightened activity levels.

Prescriptive Analytics Software 216

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

ToolsGroup

JANUARY 15, 2024

Solutions in the Demand Planning category must produce reliable forecasts by extracting key insights from metrics like inventory trackers, converting raw data into actionable forecasts, supporting automation, and leveraging predictive analysis. Additional Resources: See ToolsGroup’s G2 reviews HERE.

ToolsGroup 177

ToolsGroup Supply Chain Planning Software Supply Chain Software Supply and Demand 177

Logistics Viewpoints

FEBRUARY 14, 2022

This orientation is fundamental in determining what KPIs the company values, as many of them are far different from metrics managed by manufacturers relying on traditional views of success.”. In fact, their digital champions began by aggressively expanding their sources of wisdom beyond their historic and current resources.

Supply Chain Design Software 225

Supply Chain Design Software Supply Chain Software Report Logistics Network Optimization Software 225

Supply Chain Shaman

FEBRUARY 1, 2024

Optimization engines to improve functional metric performance resulted in an exploding number of planners. The more integration points of Advanced Planning System (APS) to Enterprise Resource Planning (ERP), the larger the bullwhip impact. Current approaches result in black hole automation and bullwhip amplification.

Supply Chain Planning Software 342

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 342

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

To ensure successful integration, they should create a plan with timelines, resources, and evaluation metrics (refer Figure 2). Figure 2: A technology adoption roadmap for transportation and logistics companies considering generative AI.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logility

AUGUST 18, 2023

In addition, resource limitations can further challenge the effective integration of supply chain planning into the broader corporate strategy. In the worst case, this could result in insufficient resources for supporting new markets, tarnishing the company’s reputation, and losing customer trust.

Supply Chain Performance 188

Supply Chain Performance Supply Chain Planning Software Resource Reduction Supply Chain Design Software 188

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.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

RFgen

NOVEMBER 27, 2024

Next, prioritize projects based on their potential impact and available resources. Finally, establish standardized data collection procedures across all relevant departments, ensuring consistent measurement and reporting. Analyzing performance trends helps you find areas to improve across your supply chain.

Optimal Sourcing 86

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 86

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. In today’s training class, we focused on determining the balanced scorecard. Is it more of a steak market?

Modeling 207

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 207

Supply Chain Shaman

MAY 1, 2023

This includes digital supply chain transformation and Enterprise Resource Planning (ERP) upgrades. Educate on the importance of designing flows and aligning metrics. Move from functional metrics to a balanced scorecard. In contrast, those who outperformed were better at strategy and aligned with outcomes. I hope this helps.

Inventory Reduction 246

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 246

ivalua

JUNE 14, 2023

It is important to support this workstream through a team of key individuals: Sponsor: A high-level executive who champions the procurement application implementation, the sponsor provides critical support, resources, and influence. Download Today!

Optimal Sourcing 239

Optimal Sourcing Sourcing Strategies Procurement Resource Reduction 239

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 271

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software Pharmaceutical 271

AIMMS

MAY 14, 2018

Common causes for this include poor change and process management, misalignment in terms of business strategy, mismatched metrics across the business, dysfunctional technology and lack of expertise to operate and implement technology. Reduce your dependence on technical or external resources. Be accessible.

S&OP 207

S&OP Supply and Demand Meeting Prescriptive Analytics 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. Alex Zhong, Director Product Marketing at GEP.

Supply Chain Network Software 268

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 268

ToolsGroup

AUGUST 3, 2022

These strategic executive hires support rapid company growth, better collaboration, goal clarity, and ongoing improvement in key business metrics while keeping ToolsGroup’s expanding team agile and highly coordinated: Jon Purdy is the new Chief Financial Officer. Joseph Luciano is the new Chief People Officer.

ToolsGroup 156

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Software 156

Logistics Viewpoints

JULY 30, 2024

These KPIs, along with the critical metric of days of coverage for inventory — which measures the balance between available stock and unfulfillable demand — play a crucial role in a company’s ability to efficiently manage supply chain operations and costs while adapting to business-specific needs and market conditions.

Inventory Reduction 253

Inventory Reduction Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 253

ToolsGroup

APRIL 25, 2019

Without baseline metrics on what you want to improve on and why, how can you be confident your strategy is working? And because machine learning systems get smarter over time, having a consistent method of measurement is even more important to ensure you can accurately track how outcomes and ROI are improving against established metrics.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

Logility

JULY 9, 2021

Product direction is always a critical metric that businesses use to determine the longevity of their investment in the Logility® Digital Supply Chain Platform. Plus, despite simple pricing models based on module use and revenue, project budgets can increase unexpectedly as more services and resources are needed to implement new technology.

Supply Chain Planning Software 206

Supply Chain Planning Software Supply and Demand Supply Chain Software Optimal Sourcing 206

Logistics Viewpoints

JUNE 1, 2021

Promotion Management is defined as optimizing the utilization of tools, strategies, and resources to promote a product that will generate additional demand. Is there a way they can improve availability during these special day promotions, so shoppers like me are not disappointed?”. The answer lies in promotion management. .

Inventory Management Software 228

Inventory Management Software Supply Chain Planning Software Inventory Management Optimal Sourcing 228