Logistics Bureau

DECEMBER 22, 2024

Once a given KPI shows that performance consistently meets or exceeds the required level, you can raise the bar and set a higher target. Now let’s get a little more granular in this study of supply chain KPIs, and look at some examples like the perfect order rate, as well as other KPIs you can use to measure supply chain performance.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 113

SYSPRO Smarter ERP

NOVEMBER 1, 2021

We live in a time where we can purchase almost anything with a click of a button. A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them. Transitioning to B2B e-Commerce.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

Material Handling and Logistics

JANUARY 10, 2018

According to a recent study by Pew Research study, 80% of consumers make online purchases, compared to just 22% in 2000. As cloud and SaaS continue to grow, companies will look toward their ERP to enable process improvements to meet today’s challenges. Predictive analytics will alter the future of the supply chain.

Supply Chain Design Software 144

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 144

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 98

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. Establish KPIs to track the quality of a vendor’s products and service, in addition to quantitative metrics such as timely deliveries, cost savings, and order accuracy. Was it the last time you placed an order?

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 113

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 113

GlobalTranz

OCTOBER 29, 2015

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. We hope the following case study shows you the proverbial proof in the pudding of effective Logistics KPIs management. .

Case Study 93

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93

The Lean Thinker

DECEMBER 9, 2022

The study I am citing here was commissioned to determine why. Success of the three shift cycle depended on each shift meeting a rigid schedule, but that schedule did not account for the simple fact that coal seams are not uniform. Productivity plummeted. There are a few things we can do to reinforce this. Bring People Together.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction Resource Reduction 259

Logistics Viewpoints

JANUARY 26, 2021

The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

Supply Chain Software 117

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 117

Talking Logistics

MARCH 9, 2017

In a study conducted by Accenture in 2015 of chemical companies, results showed that 94 percent expect to boost their investment in digital capabilities in the next three years to embrace a competitive advantage. It feeds analytics and fosters collaboration and insights for continuous improvement and high operational efficiency.

Supply Chain Software 90

Supply Chain Software Supply Chains Networks Optimal Sourcing 90

GlobalTranz

MAY 6, 2015

There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success. Any and all members of the lean supply chain should use these tools to solve problems and reduce costs to increase value to the customer. Brainstorm.

Supply Chain Planning Software 127

Supply Chain Planning Software Waste Reduction Inventory Reduction Supply Chain Software 127

AIMMS

JULY 9, 2015

A recent report by the ACE European Group identifies supply chains as of the biggest sources of concern for European businesses today. On the other hand, there is a rising need for smarter and more flexible tools as well as more staff with analytical capabilities. Is analytics playing a role in innovation?

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 91

Logistics Viewpoints

FEBRUARY 28, 2023

Of course, the key to inventory is having the right amount in the right location at the right time to meet customer demand, or face overstocks, high holding costs and eventual markdowns—or alternatively, overpromising, stockouts and lost sales. So how can an Order Management System (OMS) give you an upper hand in the market?

Optimal Sourcing 109

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 109

Trinity Logistics

NOVEMBER 11, 2022

Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. In a study by The Manufacturing Institute, 69 percent of employees under the age of 25 reported that they stayed with their current employer because of training and development opportunities.

Manufacturing Procurement 118

Manufacturing Procurement Trends Supply Chain Software Industry 118

GlobalTranz

JUNE 30, 2017

In other words, manufacturers need analytics from point-of-sale systems, transportation metrics and more. Essentially, this creates a stronger level of customer service, and it can turn into additional purchases. For example, a customer is a shoe store may purchase shoes, but if offered a new brand of socks, he or she refuses.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics After-sales Price Reduction 82

Trinity Logistics

NOVEMBER 13, 2023

Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. To combat the shortage, manufacturers are looking for ways to recruit and retain skilled talent, by raising wages and reskilling current talent to meet company needs.

Manufacturing Procurement 118

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 118

Logistics Viewpoints

DECEMBER 1, 2022

In the study we conducted in 2022 called “ Ecommerce: Is Retailer Fulfillment and Delivery Performance Keeping Up with Sales Growth? ”, convenience was cited as the number one reason consumers bought online and had their goods delivered—and it is consumers’ intention to have more ecommerce purchases delivered to the home.

Cost Reduction 117

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 117

Logistics Bureau

JANUARY 7, 2020

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Mini Case Study: Walmart.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Logistics Viewpoints

OCTOBER 26, 2022

Fast forward 5 years, and ARC’s 2019 base-year study estimated the market at $11.9 The process involves an analysis of large amounts of information and interviews with executives from numerous warehouse automation providers; and concludes with the publication of ARC’s Warehouse Automation & Control Market Research Study.

Supply Chain Software 132

Supply Chain Software Automation Supply Chain Design Software Supply Chain Planning Software 132

TransAudit

DECEMBER 13, 2023

Robust tracking, monitoring, and auditing will be essential for meeting goals. Work with data solution providers to meet emerging transparency regulations. Metrics and Performance Management Legacy supply chain metrics rarely capture the effectiveness of circular supply chains.

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 87

Logistics Bureau

JANUARY 3, 2025

Of course, it can add up to a vast pool of data, so realistically, access to advanced modelling and analytics tools will be essential to get the most value from it. To do so is a mistake because a successful and future-proof distribution network design will typically need to meet several objectives.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

Logistics Viewpoints

MARCH 1, 2021

The FDA issued an exposure modification order that allows the claim to be made that “scientific studies show that switching completely from conventional cigarettes to IQOS significantly reduces your body’s exposure to harmful or potentially harmful chemicals.”. That study has now been published. PMI was not an easy prospect.

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 107

Logistics Bureau

DECEMBER 9, 2019

As detailed in a 2017 report by Agility Logistics subsidiary Shipa Freight, businesses in the SME category—which comprises 95% of all the world’s companies and generates more than 50% of the gross domestic product in many countries—face considerable difficulties when trying to compete globally with their larger counterparts.

Supply Chain Software 111

Supply Chain Software Logistics Network Optimization Software Supply Chains Trends 111

Material Handling and Logistics

JUNE 25, 2018

So the CSR score too is more of a popularity contest than a consistent metric. The slideshow that follows, then, is our coverage of Gartner’s rankings, which includes both comments from Gartner’s analysts as well as our own analysis, based on independent reporting. Media Type. Media Credit. Privacy Settings. anonymous user.

Supply Chain Planning Software 122

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 122

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Logistics Bureau

SEPTEMBER 28, 2020

According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1 It is predicted to reach $78,981.5 The study cautions that lockdowns and quarantines associated with the Coronavirus are expected to affect the revenues of the global 4PL market players in the short term.

4PL 98

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 98

Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. An IBM study found that 57% of consumers are willing to change their shopping habits to protect the environment. Rethink Partnerships.

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 108

Penske Move Ahead

MAY 28, 2020

Consumers are continuing to turn online for purchases, and speed is a critical factor in helping retailers capture e-commerce market share. Department of Commerce reported. That was a higher growth rate than 2018 when online sales reported by the Commerce Department rose 13.6% year over year.

Trucking 55

Trucking Operations Procurement Analytics Study 55

Ship Monk

AUGUST 30, 2023

According to an ongoing study of 3,036 Shopify stores, the average conversion rate (visits that resulted in purchases) in 2022 was 1.3%. A potential customer might visit your web store multiple times before making a purchase. But the most commonly used benchmark tracks purchases by visits. Anywhere between 0.2%

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

Talking Logistics

APRIL 23, 2019

Market Research.com reports that online furniture stores are becoming the fastest-growing channel at a compound annual growth rate of 16.6%. A recent study from The American Transportation Research Institute showed that many companies are trying to move fulfillment closer to their customers. New supply chain strategies.

Supply Chain Design Software 109

Supply Chain Design Software Cost Reduction Logistics Network Optimization Software Supply Chain Software 109

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. Mr. Sorenson has studied integrated business planning for many years. Nevertheless, he wants to use the IBP process to tackle the larger customer and product costs that really do matter.

Supply Chain Planning Software 129

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 129

Logistics Viewpoints

JUNE 8, 2023

Technology for All In a retail era dominated by e-commerce giants, customer expectations have shifted towards instant product delivery at no cost. To meet these demands and ensure superior delivery experiences, retailers and carriers must leverage last-mile delivery technology. Cost is an important consideration as well.

Modeling Software 109

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 109

Penske Move Ahead

OCTOBER 1, 2018

In an era where technology is continuing to migrate consumer spending habits online and away from brick-and-mortar stores, the newly released 2019 Third-Party Logistics Study (#3PLStudy) highlights how supply chains are also going digital and using science to keep pace. The publication, available at no cost at www.3PLStudy.com

Supply Chain Planning Software 31

Supply Chain Planning Software Logistics Network Optimization Software Study Supply Chain Software 31

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System. All key Suppliers are called into your operation.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Examples Case Study 94

Penske Move Ahead

SEPTEMBER 17, 2019

Shippers and third-party logistics providers are continuing to collaborate as they find solutions to meet their supply chain goals, improve efficiency, and manage their overall transportation spend. Penske Logistics sponsors both studies. The State of Logistics Report was unveiled earlier this year in Washington, D.C.

Supply Chain Planning Software 36

Supply Chain Planning Software Supply Chain Software Purchasing Skills 3PL 36

Material Handling and Logistics

JULY 29, 2018

Most every company issues a corporate social responsibility (CSR) report detailing what they have done over the year to comply with the expectations of all of their stakeholders. Retailers such as Walmart have rigorous standards and will only purchase from suppliers who meet these standards.

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Material Savings 133