GlobalTranz

AUGUST 4, 2015

In order to optimize manufacturing operations, or really just about anything, you need to have at your fingertips the best and most accurate manufacturing metrics around. In today's post, we share 5 Golden Manufacturing Metrics that all manufacturing companies should understand to improve plant operations quality.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

Logistics Viewpoints

NOVEMBER 19, 2024

When shoppers were asked what would put them off making more ecommerce purchases in the future, 21% indicated they’d had negative delivery experiences, 20% said deliveries were not reliable, and 17% were dissatisfied with the delivery process. Similarly, maintaining a strong chain of custody (e.g.,

Cost Reduction 87

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 87

AIMMS

JULY 23, 2019

But supporting the process with advanced analytics goes even further, contributing to higher levels of productivity and profitability. Like many organizations, Tereos recognizes the use of advanced analytics as an imperative. Advanced analytics as enabling technology. The use of predictive analytics is fairly common nowadays.

Procurement Analytics 111

Procurement Analytics Supply Chain Planning Software Scenario Planning How To 111

GlobalTranz

SEPTEMBER 23, 2015

This includes risk analysis, detailed reports of how a supply chain functions, and even lead generation. However, unorganized supply chains can quickly cause a customer to abandon a purchase and provide negative feedback about the company across social media, word-of-mouth, and many other mediums. Social Media and Big Data Analytics.

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Software Supply Chain Design Procurement Analytics 108

Logistics Bureau

NOVEMBER 14, 2018

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

Procurement Analytics 84

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 84

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.

Procurement Analytics 99

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 99

Logistics Bureau

DECEMBER 22, 2024

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. Unlike most of the KPIs we recommend, perfect order is a composite of several elementary metrics. What about DIFOT?

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Trinity Logistics

OCTOBER 31, 2021

Transportation management affects every part of your logistics process, from planning to procurement and more. With this, it can optimize each shipment, allows freight tracking by using real-time updates, payment processes are simplifying and streamlining invoices are audited, and develops reports through its in-depth data collecting.

Optimization Software 126

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 126

FLS Transport

FEBRUARY 10, 2021

The hottest stories in freight can be found here, in the Weekly Freight Report: 1. Of course, there’s a massive need for more capacity right now and that’s largely what’s driving the purchases. According to a recent FourKites study, 3 in 4 yards are overburdened by manual processes that negatively impact shipping KPIs.

Procurement Analytics 98

Procurement Analytics Freight Purchasing Skills Trucking 98

Bringg

SEPTEMBER 20, 2018

Last week, Dotcom Distribution launched their annual eCommerce study. The report suggests that customer priorities are shifting, moving away from things such as the use of gift-like packaging or prioritizing fast deliveries over product quality. The most popular categories purchased online remain consistent from the last report.

eCommerce 101

eCommerce Procurement Analytics Survey Purchasing 101

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

OCTOBER 11, 2018

billion, according to a report from the National Retail Federation. billion on costumes (purchased by 68% of Halloween shoppers), $2.7 Pet costumes continue to gain popularity, with nearly 20% of celebrants planning to dress their pets in costumes this year, up from last year’s 16%, the federation reports.

Procurement Analytics 130

Procurement Analytics Scenario Planning Survey Study 130

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

Logistics Viewpoints

MARCH 27, 2025

A disruption at any point in the global logistics network including the average of 12 touch points from shipment packaging to final delivery can prove disastrous for profits, service levels, customer loyalty, and other key metrics. With the global e-commerce market predicted to reach $8.1 billion to $23.07

Supply Chain Planning Software 62

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 62

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 ERP systems hold innumerable amounts of data, companies will look to leverage that data for better analytics and business intelligence, especially within omnichannel and multi-channel environments.

Supply Chain Design Software 144

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

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 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

Logistics Business Magazine

APRIL 7, 2022

Descartes Systems Group , a global leader in uniting logistics-intensive businesses in commerce, has released the results of a consumer sentiment study of ecommerce home delivery. Most importantly, it analyses the importance that consumers place on delivery performance and the impact of delivery failures on future purchases.

Study 47

Study eCommerce Procurement Solutions Procurement Analytics 47

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

NOVEMBER 21, 2017

In a recent study, MIT found that companies that focus on 5 key initiatives to improve their supply chain data can have a big impact on their bottom line. Some supply chain companies are leaning on the power of analytics to help streamline their processes and get ahead of their competitors. But the benefits far outweigh the challenges.

Supply Chain Software 69

Supply Chain Software Procurement Analytics Supply Chains Data 69

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

AIMMS

JULY 23, 2019

But supporting the process with advanced analytics goes even further, contributing to higher levels of productivity and profitability. Like many organizations, Tereos recognizes the use of advanced analytics as an imperative. Advanced analytics as enabling technology. The use of predictive analytics is fairly common nowadays.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Scenario Planning How To 62

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? Sure, we can talk endlessly about our warehouse automation and cool robotics , outstanding service , or award-winning warehouse management system , but that’s not nearly as believable as our case studies and customer testimonials.

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

Logistics Viewpoints

OCTOBER 2, 2023

ARC Advisory Group did a study on the supply chain collaboration network (SCCN) a couple of years ago. In that study, FourKites 2021 revenues were estimated to be $65 million. The company’s customers report that the ETAs provided by these FourKites are more accurate, timely and easier to access than those provided by carriers.

Supply Chains 124

Supply Chains Inventory Reduction Cost Reduction Procurement Solutions 124

Material Handling and Logistics

DECEMBER 19, 2018

A National Retail Federation report found that 92% of companies surveyed had been a victim of organized retail crime in the past year. The report found that 92% of companies surveyed had been a victim of ORC in the past year and that 71% said ORC incidents were increasing.

Survey 127

Survey Supply Chain Design Software Procurement Analytics Supply Chain Design 127

WorkWave

AUGUST 4, 2020

With PestPac Business Analytics, you gain the power to easily view and explore your business’s data in a way that makes sense and enables you to plan for the future of your business. The Power of PestPac Business Analytics. Billing Reports. Billing Metrics. At a Glance.

Data 91

Data Procurement Analytics Sourcing Strategies Ordering 91

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.

Supply Chain Software 117

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 117

WorkWave

JUNE 17, 2024

Reporting and Analytics: Offers valuable reporting and analytics capabilities, allowing businesses to track key performance metrics and make data-driven decisions. This not only encourages customers to make purchases but also creates a sense of exclusivity and value.

Optimal Sourcing 96

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 96

The Lean Thinker

DECEMBER 9, 2022

The study I am citing here was commissioned to determine why. Meanwhile at the opposite end of the building, the production scheduling team works to carefully orchestrate the availability of packaging materials, purchased components, as well as scheduling each phase of production so work is available for the next step.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction Resource Reduction 259

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

Logistics Viewpoints

AUGUST 4, 2021

Furthermore, COVID-19 exacerbated the existing shift from retail store purchases to e-commerce transactions, with a 32 percent increase in 2020 US e-commerce sales, according to the US Census Bureau. The Conference Board published a report in May titled “ Labor Shortages are Making a Comeback ”. Logistics Real Estate Growth.

Supply Chain Software 109

Supply Chain Software Supply Chains Procurement Analytics Warehousing 109

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. Order accuracy from 61% to 66%; Inventory is reduced by 5 percent; Order fill rate from 60% to 66% (Capgemini Consulting: 2015 3PL Study). Brainstorm.

Supply Chain Planning Software 127

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

Logistics Viewpoints

APRIL 21, 2022

On one hand, consumers expect to increase their online purchases post-pandemic. In the study on home delivery consumer sentiment, consumers stated that, during the pandemic, the portion of all purchases made online that required home delivery went from 35% to 46%. The results of the research are a good news, bad news story.

Optimal Sourcing 109

Optimal Sourcing Eliminating Excel in Purchasing Purchasing Skills Sourcing Strategies 109

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

Ship Monk

JULY 28, 2021

Think of the last time you purchased a product or service based on the recommendation of a friend, family member, or your favorite social media influencer. With so many options to choose from , it’s become the norm for buyers to research their future purchases, taking a cue from the general public before clicking “Buy.”.

Eliminating Excel in Purchasing 98

Eliminating Excel in Purchasing Case Study Procurement Analytics Purchasing Skills 98

Logistics Viewpoints

APRIL 26, 2022

As more consumers flock to e-commerce, purchasing big & bulky goods such as furniture, appliances, and wholesale electronics online is becoming more common. A Statista study found that in 2020, the furniture and appliance e-commerce global market volume was $383.2B. How do deliveries impact consumer experience?

Supply Chain Planning Software 104

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 104

GlobalTranz

DECEMBER 30, 2014

Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible? To add insult to injury, they also rarely have reporting mechanisms to properly monitor those expenses.

Blog 92

Blog Supply Chain Planning Software Modeling Software Expense Reduction 92