RFgen

DECEMBER 4, 2024

We’ll examine the key components of efficient supply chains, explore essential performance metrics, and uncover the fundamental drivers that influence efficiency. Production: Efficient production systems maximize resource utilization through standardized procedures.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

ToolsGroup

MARCH 25, 2025

Modern ML-powered demand planning systems simplify this by analyzing multiple factors simultaneously – product trends, competitive pricing, market conditions, and social media activity – to uncover patterns in promotional events and quantify their precise effect on sales.

Supply and Demand 156

Supply and Demand Forecasting Forecasting Software Modeling 156

Precoro

NOVEMBER 11, 2024

On top of that, we’ll break down how to approach selecting the right centralized purchasing system for your business needs. Signs your company needs a centralized purchasing system Key benefits of centralized procurement How to efficiently implement centralized procurement Frequently Asked Questions What is centralized purchasing?

Pricing Training 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

Supply Chain Shaman

APRIL 27, 2022

The supply chain is a complex non-linear system. 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.) A case is not a case.

Procurement Analytics 353

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 353

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. Connected technology transforms traditional supply chains into dynamic systems capable of real-time decisions and proactive problem-solving. That’s where data analytics comes in.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

Logistics Viewpoints

MARCH 3, 2025

Agentic AI involves creating a system of interacting agents, each trained on a specific task or dataset. They prepare equipment for maintenance, do isolation (disconnect a piece of equipment from the flow of chemicals by closing valves), look at quality or reliability metrics, and do rounds. Al Syed elaborated. Celanese has 2.5

Negotiating Skills 195

Negotiating Skills Supply Chain Design Software Modeling Software Supply Chain Planning Software 195

DELMIA Quintiq

JUNE 22, 2021

In this final blog on agility and why you should consider becoming an agilist to survive the new completion (of the continuous mention) of the application of enterprise decision management systems (EDMS) from Taylor and Raden cited in the first blog, I turn to the metric of agility and a new ROI metric of decision yield.

Metrics 156

Metrics Supply Chain Planning Software Agile and Lean Supply Chain Optimization Software 156

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. Tougher than most understand.

Supply Chain Planning Software 401

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

Supply Chain Shaman

DECEMBER 15, 2022

Functional Metrics. With the implementation of transactional systems, the focus was on measuring and controlling functional metrics like the lowest manufacturing cost or purchase price variance in procurement. Few consultants understand the supply chain as a complex non-linear system. False Beliefs.

Manufacturing Procurement 396

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 396

Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. Customer-Centric Supply Chain.

Supply Chain Planning Software 329

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

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 306

Sourcing Strategies How To Supply Chain Design Software Supply Chain Planning Software 306

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

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 317

Report Data Material Savings Manufacturing Procurement 317

Logistics Viewpoints

JULY 23, 2024

Define business objectives: Clearly define the business objectives and key performance indicators (KPIs) that your AI-driven supply chain management system aims to optimize. Collaborative discussions can help identify relevant data sources and metrics that capture the end-to-end supply chain process and align with overall business goals.

Optimal Sourcing 312

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 312

RFgen

NOVEMBER 20, 2024

Understanding Modern Warehouse Mobility Solutions for Enhanced Warehouse Productivity Mobile warehouse solutions combine portable devices, specialized apps, and real-time data systems to boost operational efficiency. Paperless Warehouse Management System Going paperless with mobile devices streamlines task management.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Waste Reduction Cost Reduction Strategies 98

ivalua

NOVEMBER 29, 2022

Tracking the Metrics that Matter. While Ardent expects Procurement to rise to and tackle these challenges, tracking the metrics that matter will help them stay focused for full recovery. Inflation Metrics. Savings from Sourcing: In 2021, competitive sourcing projects generated an average of 7.7% Risk Metrics.

Procurement Analytics 130

Procurement Analytics Metrics Manufacturing Procurement Optimal Sourcing 130

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

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

Logility

AUGUST 5, 2021

But before you start measuring everything in sight – and a few things not in sight – start with a set of thoughtful intentions and questions that will guide you to the right set of metrics and the right set of expectations. Cash-Cash Cycle Time; Return on SC Fixed Assets; Return on Working Capital ASCM SCOR Metrics, Supply Chain Council.

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

Logistics Viewpoints

JULY 18, 2022

The company sources goods from 34,000 suppliers out of 30 nations. In the annual report where they report on their key performance indicators (KPIs), they don’t just report on core financial metrics and the NPS, they also have people metrics. The company has shown sustained improvement on this metric.

Supply Chain Design Software 305

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 305

Logistics Viewpoints

AUGUST 15, 2022

Of the professionals surveyed, 59% saw the gap between procurement/sourcing and supply chain to be a major disconnect, and the most pressing pain point. Both procurement solutions from ERP companies like Oracle or Infor – or business spend management solutions – can help companies enforce these sourcing supplier decisions.

Supply Chain Network Software 315

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 315

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 288

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 288

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. What most companies want is a system with prescriptive analytics to tell them when a shipment is expected to be late and what action to take. Supply chains are complex, non-linear systems.

Supply Chain Design Software 308

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 308

RFgen

DECEMBER 19, 2024

It’s about building adaptable systems, establishing clear performance indicators, and implementing processes that can handle growth spurts and market fluctuations. Advanced Automation Systems: Seamless integration of automation is essential for digital manufacturing. Upgrades and expansions may be necessary.

Material Savings 92

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 92

Logistics Viewpoints

SEPTEMBER 13, 2022

Thus, organizations must make sure that data are complete, accurate, timely, and consistent as well as capture the required metrics. Data accuracy to aid in decision-making — One must have a system to draw insight from data. Such a system should be able to convert spend into emissions so that you can establish baselines.

Cost Reduction Strategies 264

Cost Reduction Strategies Supply Chain Planning Software GEP Supply Chain Network Software 264

Supply Chain Shaman

SEPTEMBER 17, 2014

Enlightened leadership that focuses on the management of the supply chain as a complex system. 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.

Optimal Sourcing 308

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

Supply Chain Shaman

MARCH 27, 2023

Current planning taxonomies do not plan across make, source, and deliver answers bi-directionally. Continual reaction to real-time data streams introduces nervousness into the system. Integrating data does not align an organization motivated by functional metrics. .” And most are linear progressions devoid of sensing.

Supply Chain Planning Software 332

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 332

BlueYonder

APRIL 8, 2025

The traditional metrics of excellence cost efficiency, on-time delivery while still important, are no longer sufficient in an era defined by volatility, complexity and political changes. This transformation is not just about working faster it’s about working smarter across an interconnected web of partners, systems and data streams.

Supply Chain Network Software 93

Supply Chain Network Software Supply Chain Planning Software Network Optimization Supply Chain Design Software 93

Supply Chain Shaman

AUGUST 12, 2024

However, my worldview is that the larger shifts are far more systemic requiring a call for action that is going largely unheard. I would like for us to move past the conventional view of sourcing strategies and globalization to drive improvements to the supply chain in a variable world. Let me explain. So, my reply to Peter S.

Waste Reduction 195

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 195

DELMIA Quintiq

APRIL 15, 2020

Unfortunately, while retailers have expended a lot of effort in the last-mile phase, their supply chains are hindered by multiple siloed systems that are disconnected from the external data that is critical to improve planning accuracy and support new services. Choose software that integrates multiple systems and optimizes planning.

Supply Chain Planning Software 271

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

SCMDOJO

OCTOBER 30, 2024

Multi-Tiered System of Support (MTSS) platforms have emerged as innovative solutions in education and training, offering customized support that can profoundly enhance the development of future supply chain experts. Preparing the next generation to excel in this dynamic field requires more than traditional education methods.

Supply Chain Planning Software 97

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

Supply Chain Shaman

JULY 22, 2019

The source data for the analysis comes from Ycharts.). The supply chain is a complex nonlinear system. We selected these metrics based on correlation work with Arizona State University in 2012. There is no industry definition of supply chain excellence, nor is there a perfect measurement system. Let’s explore why.

Supply Chain Design Software 257

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

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 290

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 290

Logistics Viewpoints

OCTOBER 26, 2021

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). But to operate at the board level we need to be able to speak the CFO’s language. Spike up to protect against attack.

Supply Chain Design Software 311

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software Pharmaceutical 311

Taulia

NOVEMBER 8, 2024

Policies include a net-zero strategy to decarbonize the UK economy by 2050 and a commitment to achieve a fully decarbonized electricity system by 2035. This approach often involves using standalone or point solutions that focus specifically on sustainability metrics and reporting.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimization Software Supply Chain Software Optimal Sourcing 98

Logistics Viewpoints

FEBRUARY 2, 2023

How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots. To learn more, visit Open Sky Group today.

Supply Chain Planning Software 278

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 278

Logistics Viewpoints

NOVEMBER 14, 2022

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. Lead times in planning systems are often measured, input into the system, and assumed to be true from that point forward.

Agile and Lean Supply Chain 299

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 299