Supply Chain Shaman

JANUARY 14, 2013

ERP is valuable to improve transactional accuracy, but I can find no evidence that investments in ERP have reduced inventory or improved cash-to-cash cycles. In table 1, I compare ten-year averages (2001-2011) for food manufacturing companies. Multi-tier inventory optimization was a fad in the last decade.

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 260

Supply Chain Network

JUNE 7, 2011

Designed to enable wholesalers, manufacturers, retailers, and distributors to achieve best-in-class inventory management practices, NetSuite Demand Planning enables companies to forecast peaks and troughs in demand and minimize capital tied up in inventory.

Supply and Demand 110

Supply and Demand Inventory Management Software Demand Planning Supply Chain Planning Software 110

The Logistics & Supply Chain Management Society

JULY 23, 2020

Just six years later, when the Japanese earthquake and tsunami of 2011 struck, Cisco was well prepared. Diversify supplier base : Supply chain should not be overly dependent on long lead-time or on a small pool of specific suppliers or sourcing regions. Identify sourcing plant/s which can back-up each other in times of disruptions.

Agile and Lean Supply Chain 258

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

Supply Chain Shaman

JUNE 7, 2021

Companies entered the pandemic with twenty more days of inventory than at the beginning of the great recession. A balance sheet analysis shows that 95% of publicly traded manufacturers are stuck (when compared to peer group) at the intersection of growth and margin, margin and inventory turns, and Return on Invested Capital (ROIC) and growth.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). However, localized sourcing shortened leadtimes and improve responsiveness.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

ToolsGroup

DECEMBER 17, 2020

Not all disruptions are as cataclysmic as Japan’s 2011 tsunami or COVID-19, but smaller logistic and control disruptions/disconnections are happening continuously in most supply chains. This “single model” approach guarantees service levels at the store via optimal inventory levels across the entire network. Who can provide them?

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 275

Talking Logistics

JUNE 30, 2016

Imagine a bitcoin being a unit of inventory and a digital wallet (“bitcoin address”) being an inventory-keeping location, such as a store, distribution center, or truck trailer. A supply chain blockchain application, therefore, could be used to record the balances and transfers of inventory across a distributed supply chain network.

Supply Chain Design Software 156

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software 156

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). However, localized sourcing shortened leadtimes and improve responsiveness.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Logistics Viewpoints

MARCH 19, 2021

According to the company, inside the boxes are a highly efficient approach to sourcing, selling and packaging, backed by a corporate commitment to sustainability that is good for the business and even better for people and the planet. E-commerce accounted for 20 percent of all retail sales last year compared to only 4 percent in 2011.

Logistics Network Optimization Software 42

Logistics Network Optimization Software Real Estate Logistics Waste Reduction 42

Kinaxis

NOVEMBER 1, 2017

Supply chain planners (I’m lumping in all the silos, including demand, supply, inventory and capacity planning) today are dealing with challenges that were unimaginable when Lotus notes were the next big thing. 2011 – Japan earthquake / tsunami and Fukushima disaster. Times have changed. See 2014 side note). 2012 – Hurricane Sandy.

Supply Chain Network Software 158

Supply Chain Network Software Network Optimization Modeling Supply Chain Planning Software 158

SCMDOJO

MARCH 25, 2022

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. Neil Southern, 2011). Neil Southern, 2011). However, topics such as logistics, logistics, physical sourcing and supply chain management are not included in these courses.

Supply Chain Planning Software 138

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 138

Enterra Insights

JANUARY 6, 2022

Pini Mandel, cofounder and CEO of Quicklizard, observes, “Ever since Borders bookstore realized it could no longer compete in 2011 and shut down all 399 of its stores, there’s been a steady stream of iconic stores that folded. Inventory turnover. Iconic chains, like Sears and K-Mart, seemed to vanish overnight. and Wayfair Inc.

Optimal Sourcing 173

Optimal Sourcing Retail Optimization Software Analytics Software 173

Logility

FEBRUARY 20, 2012

Better demand planning and multi-echelon inventory optimization (MEIO). From a demand planning perspective, companies that do a better job forecasting demand tend to enjoy advantages like: 15% lower inventory levels. During a short product lifecycle, too much inventory creates excessive discounting, obsolescence and write-offs.

Optimal Sourcing 100

Optimal Sourcing Modeling Forecasting Supply and Demand 100

SCMDOJO

JULY 29, 2022

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. Boston Munich: Pearson, 2011.

Sourcing Strategies 119

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 119

Resilinc

JANUARY 19, 2022

Toyota’s competitive edge in supply chains was developed over a decade as it focused more on risk management and security of supply and less on efficiency and minimizing inventory costs. As reported in a recent Resilinc blog , supply chains for EV batteries and electric motors are also challenged by ethical sourcing concerns.

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Price Reduction Cost Reduction Strategies 62

Logility

AUGUST 25, 2011

VMI was widely hyped to dramatically reduce inventories, cut costs and improve efficiency across the supply chain. After reasonable fan-fare, these initiatives were more like “moving the inventory burden upstream” than reducing inventory throughout the network. Source: Logility, Inc. Source: Logility, Inc.

Vendor Strategies 100

Vendor Strategies Inventory Reduction Cost Reduction Strategies Logility 100

Supply Chain Shaman

MARCH 8, 2016

In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The adoption of Terra’s products were brisk until 2011, but during 2012-2014 sales softened, resulting in employee layoffs and downsizing. The Company has a checkered past.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Talking Logistics

MARCH 23, 2015

Here are some excerpts from the press release: Twitter is like no other data source in the world. For example, according to an October 2011 Wall Street Journal article , “When Virginia’s magnitude 5.8 earthquake hit [in August 2011], the first Twitter reports sent from people at the epicenter began almost instantly at 1:51 p.m.—

Supply Chain Software 100

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

The Logistics & Supply Chain Management Society

JUNE 10, 2021

Global Supply Chain & Sourcing Director for ECCO Global Shoe Production & Sourcing. My projects in Malaysia, Philippines, China, Indonesia and eventually Vietnam, ranged from customer service and order fulfillment, shop-floor planning, inventory management, import/export and procurement.

Sourcing Strategies 162

Sourcing Strategies Manufacturing Procurement Material Savings Negotiating Skills 162

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. New Study Shows a Rise in US Company Inventories. Source: Commerce Dept. Source: SupplyChainDigest.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? But consider, too, how you can turn those needs to your advantage in inventory management.

Inventory Reduction 64

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 64

Infosys Supply Chain Management

NOVEMBER 1, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Main | Demand Planning in CPG industry - Practising the Best Practices » The Upcoming 2011 Holiday Buying Season will again Test Retailer MCO and Supply Chain Capabilities. Business Process Outsourcing.

Eliminating Excel in Purchasing 30

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply and Demand 30

Supply Chain Shaman

NOVEMBER 14, 2016

I followed his journey during the period of 2006-2011, and wanted to check in with him to gain his insights on the selection of VTech as a finalist in the Supply Chains to Admire research. Inventory Turns. Better performance in inventory turns than the peer group average for the period studied. Operating Margin. About VTech.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Infosys Supply Chain Management

DECEMBER 29, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. » The Real Headline for the 2011 Holiday Buying Season- Need for Balancing Retailer Online and Fulfillment Process Investments. Business Process Outsourcing. Customer Service. Finance & Accounting.

Manufacturing Procurement 29

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 29

MIT Supply Chain

JULY 10, 2014

In early 2011, Lamynix, a leading manufacturer of specialty laminates, was approached by VideoFlat, one of its major customers, with an enticing contract to buy, at a premium price, a protective film twice as wide as the usual size. But inventory costs money, and higher inventory levels, in turn, increase the final cost for the customer.

Expense Reduction 96

Expense Reduction Inventory Reduction Cost Reduction Strategies Price Reduction 96

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. For instance, during the 2011 earthquake and tsunami in Japan, Toyota’s robust supply chain resilience allowed it to quickly recover and restore operations.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Supply Chain Shaman

JANUARY 18, 2016

When we do these types of analysis, we look back at the data as far as we can reach (Y chart data is available only back to 2006 in a reliable form) and then we look at the period of 2006-2014 and the more recent period of 2011-2014. In parallel, take a closer look at inventory turns where only pharmaceutical companies made slight progress.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

GlobalTranz

AUGUST 9, 2016

The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Right Service.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Lean Cost Reduction Strategies 120

Kinaxis

JULY 8, 2015

On the other hand, I have worked with a company that within a few hours after learning about the Japan earthquake and tsunami of 2011, were able to determine the impact of supplier late deliveries and very quickly find alternate sources of supply. How was this done? We answered that question also.

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 100

Supply Chain Movement

DECEMBER 20, 2013

Forecasts are often on the high side leaving warehouses with unnecessary inventory and sales and planners in debate about how to close the gap. In 2011 Nestlé started to look at state-of-the-art statistical forecasting and predictive analytics to improve Demand Planning efficiency and accuracy. It was time for change.

Forecasting 107

Forecasting Forecasting Software Supply and Demand Modeling 107

MIT Supply Chain

APRIL 10, 2013

Reducing inventory is probably the most obvious strategy for liberating these financial resources, particularly for companies that maintain high stock levels. The longer pipeline and corresponding increase in uncertainty require higher inventory volumes, which eats up precious cash reserves. which sells around 40,000 SKUs.

Cost Reduction Strategies 70

Cost Reduction Strategies Purchasing Skills Inventory Reduction Vendor Strategies 70

Taulia

APRIL 13, 2022

In some cases, creating a finished product involves sourcing numerous different items from different locations – all of which have to be aligned if the process is to work smoothly. Review your approach to inventory management to ensure you have appropriate safety stock levels. Audit your inventory.

Supply Chain Disruption 98

Supply Chain Disruption Supply Chain Optimization Supply Chain Planning How To 98

MIT Supply Chain

OCTOBER 30, 2014

As the tsunami that devastated parts of Japan in 2011 and dislocated supply chains worldwide underlined, companies need to be better prepared to respond to a widening array of potential disruptions. Details such as parts numbers and the number of components sourced can be retrieved by clicking on a node. A broader view.

Manufacturing Procurement 76

Manufacturing Procurement Supply Chain Software Supply Chain Strategy Procurement Solutions 76

Talking Logistics

APRIL 18, 2016

As I wrote following the earthquake and tsunami that devastated Japan in March 2011 , the reality is that there is relatively little companies can do right now to minimize the impact of these disruptions. N single sourced parts with revenue impact $X-$YM each are manufactured at this facility. s iPhones are manufactured.

Ecuador 100

Ecuador Japan Supply Chain Design Software Supply Chain Design 100

Supply Chain Brain

OCTOBER 6, 2020

Even before COVID-19, supply-chain managers considered how to cope with supply-chain disruptions — from natural disasters like the 2011 Japanese tsunami to political developments such as the U.S.-China Supply-chain flexibility and responsiveness have never been more important as they are at present.

Supply Chain Software 65

Supply Chain Software Supply Chain Strategy Sourcing Strategies Supply Chain 65

Freightos

AUGUST 26, 2015

So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. is one of the industry’s most respected logistics sources. Sourcing Innovation. This was the result. wsjlogistics. JOC Daily Newswire.

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

QAD

APRIL 15, 2021

Sourcing Selection – Suppliers should not be selected on piece cost alone, but rather the overall cost including quality, delivery performance, capacity, capability, adaptability and financial health of a supplier. secondary suppliers or carrying excess inventories). What actions are needed to mitigate that risk?

Quality 95

Quality Cost Reduction Strategies Material Savings Inventory Reduction 95