Logistics Viewpoints

DECEMBER 17, 2024

However, as carbon taxes and emissions reporting requirements continue increasing, supply chain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics. Freight transportation makes up over 10% of total global carbon emissions.

Supply Chain Planning Software 193

Supply Chain Planning Software Procurement Solutions Supply Chain Software Cost Reduction Strategies 193

Kinaxis

MAY 21, 2019

Poor system performance. Poor system performance. So, since planning is also the key function of management, if an organization is being guided toward mediocrity (or worse), then this poor system performance is most certainly a sign of ineffective planning. Their choice and application of metrics even reinforce siloed thinking.

Supply Chain Planning Software 234

Supply Chain Planning Software Supply Chain Planning Supply Chain Optimization Supply Chain 234

Supply Chain Shaman

FEBRUARY 18, 2021

The systems–based on shipment and order data–were out of step with the market. With fixed models and hard-wired data feeds, teams could not adjust the planning systems to use consumption data or market indicators. In addition, build a planning master data management system. I love the metaphor of watermelon metrics.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 285

Supply Chain Shaman

APRIL 9, 2021

During the pandemic, conventional planning systems were inadequate. Over 85% of companies turned their systems off, turning to spreadsheets and ad hoc manual analysis. Focus on functional metrics without alignment to a balanced scorecard to drive value. Over the decade, the gaps grew. My quest is “why?” Mistake #3.

Supply Chain Planning Software 360

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 360

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.

Supply Chain Planning Software 317

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 317

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. To accomplish this goal avoid hardwiring planning platforms to transactional systems.

Supply Chain Planning Software 388

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

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 265

Sourcing Strategies How To Supply Chain Design Software Supply Chain Planning Software 265

Supply Chain Shaman

JULY 25, 2021

Each P&L leader will game the system to improve bonus structure payouts. The Focus Inside-out Supported by Functional Metrics. Instead, the path requires a redefinition of process, metrics, and capabilities. This action is particularly deadly if the integration is at a regional P&L level. The reason?

Procurement Analytics 370

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

Supply Chain Shaman

MAY 13, 2024

How aligned do you believe your organization is to drive these metrics? Leaders align metrics and processes to focus on customer service reliability and hold all teams accountable for a balanced scorecard of Growth, Operating Margin, Inventory Turns, Return on Invested Capital (ROIC), and Orders Filled On-time and Complete (OTIF). (

S&OP 349

S&OP Supply and Demand Inventory Reduction Expense Reduction 349

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.

Report 283

Report Data Material Savings Manufacturing Procurement 283

Supply Chain Shaman

NOVEMBER 21, 2023

In our discussion, we attempted to characterize and separate his performance from system issues. I was promoted to run the warehouse, and at the time, I had no experience in distribution, but was asked to run the largest distribution center in the system. The metrics were not aligned. Sometimes, this is a tough discussion.

Supply Chain Planning Software 339

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 339

ToolsGroup

JUNE 2, 2023

The Challenge: Siloed Inventory Data and Lack of Visibility One of the primary obstacles in inventory management is the prevalence of siloed data across multiple execution systems. The larger the company, the greater the danger of duplicative, conflicting, or siloed systems. How do they achieve this?

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

GlobalTranz

AUGUST 26, 2021

A collaborative dedicated provider can deliver on critical service metrics and adjust to demand changes, while helping eliminate unfavorable market exposure.” A system in place for centralized data will reduce the amount of verification for high-priority and frequent shipments while allowing for faster acceptance and increased throughput.?

Logistics Network Optimization Software 283

Logistics Network Optimization Software Transportation Management 3PL Optimization Software 283

Logistics Viewpoints

OCTOBER 23, 2024

This assessment helps identify whether existing systems can support DPP integration and what upgrades or changes are necessary. Assessing Infrastructure and Technological Capabilities The first step in the readiness assessment is to evaluate the organization’s IT infrastructure and data management systems.

Resource Reduction 241

Resource Reduction Vendor Strategies Inventory Reduction Price Mitigation Strategies 241

DELMIA Quintiq

DECEMBER 28, 2020

Ultimately, what KPIs, as metrics and indicators derived from the set of plans are taken into account and prepared for each scenario. In essence, this includes the entire chain of supply, production, storage, distribution and finally, the customer, so that the plans make sense all involved parties. Technology for Effective Planning.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Modeling Prescriptive Analytics Software 296

Supply Chain Shaman

JANUARY 9, 2024

The group’s response is, “Are these supply chain metrics?” ” For many stuck in the myriad of functional metrics, like Operational Efficiency (OEE), Purchase Price Variance (PPV), or transportation cost, a focus on growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) is a stretch.

Supply Chain Planning Software 299

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 299

Supply Chain Shaman

MARCH 5, 2019

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. The focus is on functional metrics, but are unable to get to overall supply chain metrics. Supply chains are complex, non-linear systems. 2) Latency. In Table 1, I share examples.

Supply Chain Design Software 294

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

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

Logistics Viewpoints

JUNE 19, 2023

The Warehouse Management System The core system used to manage a warehouse is the warehouse management system (WMS). Automatic identification (AutoID) solutions – like scan guns or Voice Systems – is what allows a WMS to ensure the right product is picked from the right location. A true WMS is a real-time system.

Supply Chain Design Software 257

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 257

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 231

Cost Reduction Strategies Supply Chain Planning Software GEP Supply Chain Network Software 231

Supply Chain Shaman

JULY 22, 2019

The supply chain is a complex nonlinear system. We selected these metrics based on correlation work with Arizona State University in 2012. The winners drove long-term value (measured by market capitalization) while outperforming on the portfolio of metrics shown in Figure 1 and driving improvement faster than their peer groups.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 254

Supply Chain Shaman

MARCH 27, 2023

Continual reaction to real-time data streams introduces nervousness into the system. Integrating data does not align an organization motivated by functional metrics. The brain uses the nervous system to sense and respond with continuous feedback and sensory perception. The frequency of planning should match the business process.

Supply Chain Planning Software 315

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 315

Logistics Viewpoints

OCTOBER 14, 2024

Solvoyo has a metric they call the user acceptance rate. This metric measures the percentage of time the planners accept replenishment, transportation, or inventory plans as they are without any change in the timing of the delivery or the quantity to be delivered. If a user makes changes to the plan, they log that data.

Supply Chain Planning Software 236

Supply Chain Planning Software Supply Chain Planning Procurement Analytics Scenario Planning 236

Supply Chain Shaman

MARCH 21, 2024

As the only woman on the team, I always laughed that I had no place to put it, but I did not buck the system. Engineers could sign up for hour-long blocks to use the new systems. The tight integration of APS to ERP introduces nervousness in complex systems.) Lack of aligned metrics. Lack of executive buy-in.

Inventory Reduction 403

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 403

Logistics Viewpoints

NOVEMBER 11, 2024

Warehouse management systems rely on RF scans of locations and products. Mr. Masson says the analytics lifecycle includes: Managing Data : Creating a business-ready analytics foundation by integrating and standardizing data across systems. We built a technology that allows us to crawl the transactional systems.

Supply Chain Planning Software 248

Supply Chain Planning Software Modeling Software Analytics Software Forecasting Software 248

Supply Chain Shaman

JANUARY 2, 2024

January 2023 started my journey fighting the healthcare system to understand my symptoms which lead to surgery in June. We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. We talk about complexity, but do not measure the impact on forecastability.

Gartner 284

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

Logistics Viewpoints

FEBRUARY 29, 2024

As it turns out, there are a certain number of “scheduling use cases” that require a warehouse manager to leave our system and work within another vendor’s app. Users will simply pose their questions and the system will do all of the hard work “under the hood” to return workflow-specific insights and recommended actions.

Supply Chain Planning Software 270

Supply Chain Planning Software Supply Chain Design Software Resource Reduction Analytics Software 270

GlobalTranz

JULY 28, 2021

That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. True optimization applies data to ensure all decisions and processes are carried out to their fullest potential.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Logistics Viewpoints

FEBRUARY 16, 2021

And the linked nature of supply chains mean that collaboration is necessary to ensure that a solution to a problem doesn’t meet the metrics for one link but negatively impact another. Latency kills agility, because by the time the spreadsheet you need lands in your inbox the situation has likely already changed.

Supply Chain Visibility 312

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 312

Logistics Viewpoints

NOVEMBER 20, 2024

Senior leaders must think beyond incremental improvements, embracing systemic innovation to achieve significant environmental impact. Smart energy management systems further enhance efficiency by tracking and optimizing energy use in real-time. Reducing carbon emissions is a cornerstone of this effort.

Waste Reduction 237

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 237

Logistics Viewpoints

OCTOBER 18, 2022

This article is the second installment from Ben Smeland, Senior Software Engineer, at Lucas Systems, and continues to explore gamification in the warehouse. Leaderboards on any manner of metric are an easy example of competitive gamification. Many organizations use these to enhance transparency and encourage a little friendly rivalry.

Logistics Network Optimization Software 38

Logistics Network Optimization Software Supply Chain Software New York DC 38

Supply Chain Shaman

OCTOBER 11, 2023

We speak about the need to move from a functional understanding to a global, holistic capabilities, but the traditional supply chain leader defines bonus incentives and process performance goals based on functional metrics. Yet, the primary investment in supply chain systems is linear with a focus on enterprise efficiency. Measurement.

Supply Chain Planning Software 392

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 392

Logistics Viewpoints

DECEMBER 18, 2024

Critical practices include: Circular Supply Chains: Designing systems that minimize waste and emphasize recycling and reuse. Innovative tools provide actionable insights and improve operational efficiency Artificial Intelligence (AI): AI systems optimize routing and demand forecasting, reducing energy consumption and empty miles.

Optimal Sourcing 200

Optimal Sourcing Material Savings Supply Chain Design Software Supply Chain Planning Software 200

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 232

Inventory Reduction Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 232

Logistics Viewpoints

OCTOBER 4, 2021

They can then use the data to provide an apples-to-apples benchmark on a variety of innovative supply chain metrics applicable to the grocery supply chain. Understanding these inventory and forecasting metrics, and what moves them, can help companies serve their customers better while incurring lower costs or higher revenues.

Inventory Reduction 248

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 248

RFgen

DECEMBER 13, 2024

Warehouse barcode systems have revolutionized how businesses manage inventory and streamline warehouse operations. By implementing a barcode system, warehouses gain precise visibility of their stock, drastically reducing human error. What is a Barcode System? These labels are the foundation of your tracking system.

Supply Chain Design Software 74

Supply Chain Design Software Supply Chain Planning Software Inventory Management Software Supply Chain Network Software 74

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 267

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 267