ToolsGroup

JUNE 2, 2023

When reference data – such as product codes, supplier information, and warehouse locations – is misaligned across systems, it can cause discrepancies in transactional data, leading to inaccurate inventory levels and unreliable performance metrics. How do they achieve this?

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Logistics Bureau

APRIL 19, 2021

You will learn how you can significantly boost your supply chain performance—and in the process identify numerous cost-saving opportunities. What would be the key number, or metric that you would need to know? They had a little issue with their picking productivity in the warehouse. The Benefits of Benchmarking.

Benchmarking 76

Benchmarking Supply Chain Performance Supply Chain Exercises 76

Precoro

MAY 19, 2023

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 68

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 68

Logility

AUGUST 25, 2020

Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. Daily, Product Excellence companies are primarily concerned with the supply chain’s flow, its reliability, and its cost. Supply chain cost per unit sold. SCOR Attribute.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Supply Chain Shaman

FEBRUARY 23, 2017

Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The The Supply Chain Metrics That Matter are a portfolio of metrics which correlate to higher market capitalization. Leading a supply chain requires outstanding competencies.

Agile and Lean Supply Chain 154

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 154

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. This post delves into the core drivers of supply chain efficiency.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 60

Logistics Bureau

DECEMBER 6, 2024

Indeed, gamification is becoming an increasingly popular feature across the entire supply chain, from procurement to last-mile delivery. But is gamification really a responsible approach to improving supply chain performance? These are the principles we’ll expand on in the remainder of this article.

Warehousing 58

Warehousing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 58

Silvon Software

JUNE 1, 2023

But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures? Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. The most important aspect to remember is that KPIs should align with your business strategy.

S&OP 111

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 111

RFgen

NOVEMBER 27, 2024

Combine data from: Enterprise Resource Planning (ERP) systems Transportation Management Systems (TMS) Warehouse Management Systems (WMS) Internet of Things (IoT) sensors Supplier portals Customer relationship management systems (CRM) Performance Metrics and KPIs Performance metrics measure how effective your supply chain is.

Optimal Sourcing 84

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 84

6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

Logistics Viewpoints

MARCH 9, 2023

Autonomous Supply Chains In this competitive environment, a CPG manufacturer needs to fight to get space on retailer shelves in each region, keep those shelves stocked, compete and collaborate simultaneously with e-commerce, and maintain its operating margins.

Supply Chain Planning Software 233

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 233

Talking Logistics

DECEMBER 5, 2017

For years, supply chain leaders have struggled to achieve a sophisticated level of supply chain visibility that would drive continuous improvement, optimize spend and reduce risk. Now, that intelligence has arrived – and with it comes the next generation of supply chain management.

Prescriptive Analytics Software 148

Prescriptive Analytics Software Analytics Software Supply Chain Design Software Predictive Analytics 148

Talking Logistics

JUNE 28, 2017

How do you account for Free Time across your global supply chain? This is where metrics can get a little fuzzy. However, the reality was that the 4% metric was misleading. She was quickly able to identify that the Charlotte, NC, location had demurrage charges at 10 times the rate of other similar warehouse locations. .

Supply Chain Design Software 140

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 140

The Network Effect

OCTOBER 3, 2014

Identification and measurement of key trending metrics on a weekly or monthly basis, with an emphasis on corrective action planning to address metrics that don’t meet goals. From a measurement perspective the key trending metrics at a high level include: Supplier on time delivery. Supplier shipment information accuracy.

Supply Chain Network Software 195

Supply Chain Network Software Automotive Modeling Software Supply and Demand 195

Talking Logistics

NOVEMBER 17, 2015

Here are five supply chain basics that every manager can analyse on an ongoing basis to keep tabs on the health of their supply chain networks. Do you have the right metrics? Metrics show how your supply chain is performing – providing they are the right ones to do the job.

Supply Chain Software 100

Supply Chain Software Supply Chain Optimization Supply Chain Strategy Supply Chain Network Software 100

Logistics Bureau

MAY 4, 2016

However, traditional enterprise measures of performance do not work for supply chains. To paraphrase a saying, the road to supply chain hell is paved with good intentions and bad metrics. Shortcomings of Traditional Performance Measures. Financial metrics to indicate profitability.

Supply Chain Performance 40

Supply Chain Performance Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 40

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. In this article, I want to emphasize that a customer-centric supply chain meets and exceeds the customer’s needs day-by-day based on a well-defined relationship against a brand promise.

Customer Service 295

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 295

SCMDOJO

MARCH 19, 2024

Supply Chain Director Set strategic goals and objectives for the supply chain department. Provide leadership and direction to ensure the smooth operation of the supply chain. Analyze performance metrics and implement improvements to enhance efficiency. Get your guide now!

Optimal Sourcing 90

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 90

BlueYonder

FEBRUARY 23, 2023

Crucial Supply Chain Needs Terence: What are the crucial supply chain needs faced by industrial manufacturers? Sunil: It’s important to start with metrics. What are the key metrics that are driving the industrial manufacturers supply chain? And how should they be solving for them?

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 98

The Logistics & Supply Chain Management Society

JULY 20, 2020

It helps the supply chain become compressed and tightly integrated through shortened life cycles, lead times and minimised operations’ cost. Supply chain leaders need to focus on three key areas to leverage the supply chain performance and to satisfy the demand in the market both during and after crisis.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

SYSPRO Smarter ERP

APRIL 24, 2023

This process involves multiple stages, including receiving the order, getting parts and materials, manufacturing or assembling the items, picking and packing in the warehouse, shipping, and tracking the shipment to ensure successful delivery. Demand Planning — optimal fulfilment can be more easily achieved if the demand is planned for.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

BlueYonder

JUNE 6, 2024

Their top priorities include a transportation management system (cited by 49%), a warehouse management system (41%), a sales and operations planning solution (37%), a sales and execution solution (37%), and integrated demand and supply planning (34%). Connect planning and execution to drive a synchronized, rapid response.

Supply Chain Planning Software 117

Supply Chain Planning Software Supply Chain Software Optimization Software Demand Planning Software 117

Logistics Bureau

FEBRUARY 6, 2023

Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supply chain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty.

KPI 93

KPI Supply Chain Strategy Supply Chain Software Supply Chain Design Software 93

The Logistics & Supply Chain Management Society

JULY 23, 2020

The company could not maintain supply chain performance levels to cope-up with the sudden surge in orders for 1.0 Supply-chain resilience requires a risk-aware culture to establish and maintain strong defensive layers against unknown risks, as well as respond more quickly in the event of a severe crisis or operational threat.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

GlobalTranz

NOVEMBER 19, 2018

Let’s Get into the Specifics Think about this: 79 percent of companies with high-performing supply chains (these are often referred to as Supply Chain Leaders (SCLs)), have revenue growth that is significantly above their industry average, according to this report by Deloitte.

Supply Chain Risk Management 189

Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 189

Logistics Bureau

AUGUST 23, 2022

How many Supply Chain KPIs? Related articles on this topic have appeared throughout our website, check them out: 3 Practical Metrics for Supplier Performance Evaluation. KPIs for Your Warehouse: How to Choose and Use Them. KPI Key Performance Indicators in Supply Chain & Logistics.

KPI 90

KPI Metrics Supply Chain Warehousing 90

SCMDOJO

APRIL 29, 2024

Warehousing: Warehousing involves the storage and management of inventory. Effective warehousing strategies ensure that goods are properly stored, organized, and readily available for distribution when needed. Risk Management: Proactively identifying and managing risks is crucial for supply chain success.

Supply Chain Planning Software 95

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 95

Talking Logistics

AUGUST 20, 2018

As part of the survey, we asked the respondents to rate their company’s supply chain performance relative to peers in their industry (ranging from “Significantly Below Average” to “Significantly Above Average”). Is customer experience a supply chain metric at your company?

Innovation 110

Innovation Company Cost Reduction Strategies Logistics Network Optimization Software 110

Supply Chain Shaman

MAY 13, 2015

So when the warehouse team threatened to unionize, I transferred into a distribution, warehouse environment. This was the beginning of my journey from manufacturing to understanding larger supply chain concepts. Warehouse Management and Transportation Management were in their infancy. The year was 1985.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

AFFLINK

JANUARY 3, 2018

Understanding a customer’s demand not only improves the supply chain process, but also strengthens the organization's relationship with the customer for the long term. Measure Supply Chain Performance.

Supply Chain Optimization 83

Supply Chain Optimization Optimization Software Network Optimization Supply Chain Planning Software 83

SCMDOJO

JUNE 6, 2023

One such tool is the Logistics KPI Dashboard Excel Template, which provides data on key metrics and helps identify areas for improvement. This dashboard allows managers to compare current performance to previous periods and targets, as well as track trends in their business.

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 103

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. It’s not uncommon though, for companies to make the mistake of over-complicating their supply chain performance monitoring.

Supply Chain Design Software 91

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 91

BlueYonder

NOVEMBER 15, 2021

Armed with disparate demand forecasts and planning tools, and separated by traditional functional boundaries, key stakeholders might not even learn of the disruption until it’s significantly and negatively impacted overall supply chain performance. Warehouse and labor management.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 98

SCMDOJO

NOVEMBER 9, 2023

Warehousing expenses are often variable and depend on the amount of inventory stored. Consequently, it is imperative to maintain a well-organized warehouse that either introduces new items at the back or strategically positions older items at the forefront. These are shown in our inventory control template excel later in the blog.

Inventory Reduction 95

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 95

Taulia

OCTOBER 20, 2021

As such, an efficient supply chain is one in which orders are fulfilled by suppliers on time, while minimizing operational costs. While every company will have different priorities, a number of metrics can be used to measure supply chain efficiency. Boost supply chain performance and efficiency.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

Supply Chain Shaman

APRIL 14, 2015

Note the improvement and the resiliency in supply chain performance.). I pushed hard to get the supply chain team to understand the commercial challenge; and I also worked diligently to give the supply chain team an identity, and I then asked them to stand up to that identity.”. .”

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 150

Talking Logistics

JANUARY 9, 2017

But technology won’t solve your supply chain problems or help you improve unless you also address the most common culprits of poor supply chain performance: poor data quality, lack of resources and training, lack of metrics and accountability, and poor communication and collaboration with trading partners (see resolution #3 below).

Negotiate Pricing 100

Negotiate Pricing Supply Chain Planning Software Pricing Training Negotiating Skills 100