Logistics Viewpoints

MAY 22, 2023

A Supply Chain Design Solution from Coupa Imagine you’ve just received the job offer of your dreams. If you have been through this process at least once, you already have a good idea of what supply chain design is about: optimization. The interview process is over, but more challenges are ahead.

Supply Chain Design Software 123

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 123

Logistics Bureau

AUGUST 2, 2021

Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. Cycle times are critical in the supply chain. Supplier Defect Rate. Purchase Order Cycle Time.

Procurement Analytics 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

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 116

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 116

Logistics Viewpoints

SEPTEMBER 28, 2021

For more than a year, global supply chains have been buffeted by one major disruption after another. Raw materials are in short supply, many manufacturers have temporarily mothballed production lines, transportation costs are rising, and labor is getting tight on our roadways , railways and ocean vessels. The impact?

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 126

Logistics Bureau

JANUARY 7, 2020

The success of your business links inextricably to the performance of your supply chain. you have to make your supply chain successful too. Supply Chain and Business Success By the Numbers. Conversely, just 8% of businesses with less capable supply chains report above-average growth.

Supply Chain Design Software 131

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 131

Logistics Bureau

APRIL 19, 2021

I have benchmarked supply chains for businesses all over the world for 25 years or so and have seen some incredible results. If you’ve never done a benchmarking exercise before, read on. You will learn how you can significantly boost your supply chain performance—and in the process identify numerous cost-saving opportunities.

Supply Chains 91

Supply Chains Exercises Picking Video 91

Logistics Bureau

JANUARY 9, 2019

The success of your business links inextricably to the performance of your supply chain. you have to make your supply chain successful too. Supply Chain and Business Success By the Numbers. Conversely, just 8% of businesses with less capable supply chains report above-average growth.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Logistics Viewpoints

AUGUST 15, 2024

Today’s supply chains are fraught with uncertainties across demand and supply yet are tasked with adding incremental value to their organizations while also meeting commercial, working capital and sustainability goals. The challenge for supply chain teams lies in increasing knowledge to create value amid this complexity.

Scenario Planning 160

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 160

Logistics Bureau

APRIL 3, 2023

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Outsourcing 102

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 102

AIMMS

FEBRUARY 1, 2021

While businesses differ in complexity and size, for this exercise we extrapolated based on these $7.5Bn baselines. We hope the examples discussed above help you evaluate ballpark estimates of value that companies experience from leveraging network optimization software. ” – Tweet this. Summing up.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimization Software 116

Logistics Bureau

OCTOBER 29, 2020

When we compare different levels of sophistication and performance in supply chains, we can identify particular levels that we think are important to achieve, or that represent typical performance levels for supply chains as a whole. Suppose you wanted to be the fastest runner in the world, for example.

Supply Chains 91

Supply Chains How To Scenario Planning Cost Reduction 91

SYSPRO Smarter ERP

JANUARY 19, 2022

Massive supply chain disruptions are being experienced around the globe, and the causes are many and complex. Factors affecting the supply chain. When China shut down operations in a bid to contain Covid-19, supply chains ran out of material. How can businesses create the supply chain of the future?

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

Logistics Viewpoints

MAY 26, 2022

Changes in our lives, economies and supply chains are ubiquitous and well embedded now. Challenges drive dramatic shifts in supply chain and logistics. Across many of our industries, conventional wisdom about best practices for supply chain operations and logistical networks is being challenged.

Supply Chain Software 178

Supply Chain Software Optimal Sourcing Supply Chain Design Software Logistics Network Optimization Software 178

Logistics Bureau

OCTOBER 4, 2024

Ever since the early 1970s supply chain organisations have taken on increasingly distributed structures, a shift from a long-standing tradition of vertical integration, which had been prevalent since the late 1800s. What is Vertical Integration in the Supply Chain?

Supply Chain Planning Software 80

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 80

Logistics Bureau

NOVEMBER 8, 2021

Well, not just for benchmarking, but also for maximum visibility of your supply chain and logistics performance. In answering that question, we’re not going to provide you with a list of possible supply chain KPIs to use in your business—at least, not in this article. How hard can that be?” I hear you ask.

Supply Chain Software 93

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 93

GlobalTranz

APRIL 6, 2021

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the resiliency test. Let’s start here: what is supply chain resilience? What is Supply Chain Resilience? 2020 Was A Year Of Supply Chain Disruption.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 75

Now, That's Logistics

SEPTEMBER 14, 2021

By putting data into the hands of the companies, business partners, and customers that want it, supply chain visibility helps all stakeholders track products from the point of manufacture to the final destination—and all points in between. 5 Good Supply Chain Visibility Strategies.

Supply Chain Software 78

Supply Chain Software Supply Chains Logistics Network Optimization Software Inventory Reduction 78

Logistics Bureau

NOVEMBER 14, 2018

Supply chains are complex entities. While customer satisfaction is a hugely important criterion by which supply chain success is judged, so is supply chain profitability. While customer satisfaction is a hugely important criterion by which supply chain success is judged, so is supply chain profitability.

Purchasing Skills 99

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 99

Logistics Bureau

DECEMBER 13, 2024

Supply chain cost reduction is not something to be tackled as a project. In the meantime the supply chain continues to change and evolve, which potentially means that without vigilant monitoring, costs continue to creep upwards, making the next cost-reduction project more challenging than the last.

Cost Reduction 60

Cost Reduction Waste Reduction Material Savings Inventory Reduction 60

Logistics Viewpoints

AUGUST 9, 2022

Some of the world’s biggest retailers and their partners are once again feeling the sting of “ the bullwhip effect ” – a term of art amongst supply chain professionals that describes how changes in demand at the retail level can reverberate and amplify issues throughout the supply chain. All aboard.

Inventory Reduction 148

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 148

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Talking Logistics

JUNE 29, 2017

When it comes to supply chain design, we’re at another inflection point in the industry. The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise.

Supply Chain Design Software 42

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 42

Material Handling and Logistics

OCTOBER 23, 2018

But as is often the case in the world of supply chain, the ship did not come in as planned. However, in a world where most of the information about a supply chain exists outside of the enterprise, visibility is a fundamental part of managing risk. Many watched as the U.S. Streamlining Processes.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 74

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.

Supply Chain Planning Software 162

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Scenario Planning 162

Logistics Bureau

NOVEMBER 3, 2024

The success of your business links inextricably to the performance of your supply chain. you have to make your supply chain successful too. Supply Chain and Business Success By the Numbers Now for those statistics I mentioned. If you want business success (and who doesn’t?),

Supply Chain Design Software 71

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 71

Logistics Viewpoints

AUGUST 7, 2024

In the world of supply chain and logistics, the built environment comes in many forms, from warehouses and logistics parks to the buildings associated with ports and terminals. It’s also a great example of how the boundaries between what we traditional think of as “IT” and “OT” cybersecurity are blurring.

Supply Chain Software 149

Supply Chain Software Manufacturing Procurement Logistics Network Optimization Software Automation 149

Logistics Bureau

OCTOBER 19, 2020

When we compare different levels of sophistication and performance in supply chains, we can identify particular levels that we think are important to achieve, or that represent typical performance levels for supply chains as a whole. Suppose you wanted to be the fastest runner in the world, for example.

Supply Chains 62

Supply Chains How To Scenario Planning Cost Reduction 62

Talking Logistics

SEPTEMBER 4, 2018

The answer varies from function to function in the supply chain. Inventory Management is about having a right balance of expectations from different functions of the supply chain. Example A: Fashion Retailer – Business Strategy is short life cycle products. What is Inventory Management? Is it about optimization?

Inventory Reduction 97

Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 97

Logistics Bureau

FEBRUARY 28, 2019

9 Golden Rules for Meaningful Supply Chain KPIs. I’ve written many posts on this blog about the importance of having a supply chain strategy that’s aligned with the overall business plan, and why it is a mistake to have misaligned strategies. Golden Rule #1: Meaningful KPIs Require a Meaningful Strategy.

Supply Chain Software 69

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 69

Logistics Bureau

JANUARY 25, 2021

The person who gave the presentation I attended offered the example of a speech by late US President John F. As I explain in a YouTube video on this subject, I recently saw a good example of how a BHAG can galvanise a workforce and make a dramatic impact on productivity. For example, their increase in productivity was 217 percent.

Production 118

Production Operations Logistics Network Optimization Software Training 118

Logistics Bureau

OCTOBER 12, 2020

In an attempt to help you keep your supply chain organisation from analysis paralysis, metric manipulation, or measurement misnomers, I decided to use this post to share nine important guidelines, or golden rules, for benchmarking your business and monitoring performance using meaningful supply chain KPIs.

Supply Chain Software 62

Supply Chain Software Supply Chains Material Savings Sourcing Strategies 62

Logistics Manager

MARCH 10, 2020

Gartner has released a report detailing how to secure supply chains amidst the coronavirus (COVID-19) outbreak. As global leaders and health officials track the strain and make decisions regarding containment, supply chain leaders need to assess and plan for how the virus will impact global supply chains.

Gartner 67

Gartner Scenario Planning Supply Chains Security 67

The Lean Thinker

JULY 2, 2024

With the justification aside, they next had us go through exercises calculating net present value and ROI for a hypothetical capital investment in tooling – as though a shop floor supervisor would do this at any point in the course of their job. The structural designs were far more tolerant of production variation, for example.

Supply Chain Design Software 397

Supply Chain Design Software Price Reduction Supply Chain Planning Software Optimization Software 397

SYSPRO Smarter ERP

AUGUST 22, 2022

The consequences of global supply chain disruption, labor shortages, rising costs, regional instabilities and general uncertainty continue to challenge the fabricated metal and manufacturing industry in general. Challenge: The supply of raw materials and achieving optimum inventory levels.

Supply Chain Design Software 105

Supply Chain Design Software Manufacturing Procurement Optimization Software Supply Chain Software 105

FourKites

JANUARY 7, 2021

Defining Agile Supply Chains. Agile supply chains are nimble enough to respond smoothly to sudden changes in supply and demand. Why Is Agility Important for the Supply Chain? Collectively, this new normal is presenting the supply chain industry with its biggest test in years.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

Logistics Bureau

MAY 31, 2021

For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. The above examples reflect costs that include picking, packing, and last-mile delivery. The list above is not exhaustive but merely provides some notable examples of cost drivers.

Cost Reduction 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

Shipping and Freight Resource

JUNE 29, 2020

Shipping damage is a massive threat to any products that travel on the supply chain. Damage indicators can help you identify the points along the supply chain at which your cargo endures the greatest levels of stress from impacts and vibrations, so you can make choices that mitigate those factors. Use Damage Indicators.

Material Savings 115

Material Savings Cost Reduction Expense Reduction Resource Reduction 115