Supply Chain Shaman

APRIL 1, 2015

I am speaking this morning at the Terra Technology conference and doing a book signing of my new book, Supply Chain Metrics That Matter. In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. It will delay my report. It is morning in Orlando. The sun is rising.

Supply Chain Design Software 150

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Enterra Insights

AUGUST 27, 2024

” The need for a retail reset According to the McKinsey analysts, “Nearly one in five retailers have posted negative economic profit since 2015. “But the purchase journey is now more fragmented. .” They call this the “retail reset.” Becoming a winner isn’t easy; staying a winner is even harder. .

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Logistics Viewpoints

JUNE 28, 2024

The company said that it used 85,916 metric tons of single-use plastic that year, an 11.6 The information the companies gather could, for example, allow managers to receive information about unexpected frost harming cherry production or information about harvesting delays, which could result in inventory changes. billion in 2015.

Logistics Network Optimization Software 216

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Supply Chain Shaman

SEPTEMBER 20, 2015

I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. My journey to understand SanDisk started in June 2015. When I heard their story, I scratched my head.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Inventory strategy.

Optimal Sourcing 52

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ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Inventory strategy.

Optimal Sourcing 52

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GlobalTranz

DECEMBER 18, 2014

There’s been a lot of progress made in the steel industry in general and here are some of the tips and tricks to expect from the steel fabrication industry for 2015: Buying Equipment. Experienced fabricators have become quite good at predicting what the future holds, but still sometimes they don’t foresee what the future holds.

Manufacturing Procurement 236

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 236

GlobalTranz

AUGUST 18, 2015

Fortunately, selecting a 3PL for 2015 and beyond can be broken down into six specific questions. Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. What Data Analytics and Business Process Strategy Services Are Offered? What Predictive Analytics Are Available?

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Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions.

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Supply Chain Shaman

NOVEMBER 28, 2016

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. (As As a group, these metrics have the highest correlation to market capitalization. They include growth, inventory turns, operating margin and Return on Invested Capital (ROIC)). Inventory Turns.

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Logistics Bureau

NOVEMBER 3, 2024

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.

Inventory Reduction 69

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ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.

Supply Chain Planning Software 177

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Unleashed

MARCH 22, 2022

It was established by Ben Branson in 2015 and produces botanicals-based, alcohol-free spirits. Only a third of consumers report that they are happy with current NoLo offerings – meaning there is still huge potential in the market. Why is cloud inventory management essential for NoLo alcohol producers?

Procurement Analytics 98

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DELMIA Quintiq

MARCH 18, 2016

As one of its many programs, it initiated the “2015 Going the Distance Challenge” here in North America. I purchased my first fitness tracker, set my goals, and the competition began. In supply chain planning, we are driven by metrics. It all began last summer. And thus, Friends with Fitbits was born.

Supply Chain Planning Software 202

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Enterra Insights

FEBRUARY 22, 2022

Journalist Heather Long ( @byHeatherLong ) reports, “Manufacturing has weathered the biggest surge in workers quitting — a nearly 60 percent jump compared with pre-pandemic. There have been about 140 walkouts at manufacturing businesses since the pandemic began, according to Payday Report, which tracks worker uprisings.

Manufacturing Procurement 130

Manufacturing Procurement Trends Manufacturing Predictive Analytics Software 130

Supply Chain Shaman

DECEMBER 23, 2014

When your phone rings, and you and your supply chain team is called to the corporate office to talk about the expansion of your ecommerce strategy for 2015, here are my recommendations: 1) Embrace the Each. Get Good at Having a Real-time Perpetual Inventory Signal. No matter where inventory is, put it to work. 3) Test and Learn.

Packaging 290

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Supply Chain Shaman

DECEMBER 18, 2014

In contrast, the demand organization that I am advocating is an analytics group that crosses over sales and marketing into supply. 2) Invest in New Forms of Analytics. Invest in technologies like demand signal repositories, demand sensing analytics and cognitive learning. Let’s make 2015 a great year! It is MUDA.

Supply and Demand 279

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Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 263

Case Study Inventory Reduction Agile and Lean Supply Chain Study 263

GlobalTranz

OCTOBER 21, 2016

Rebounding freight volumes and the proximity of the electronic logging device (ELD) mandate are set to change the industry in 2017, reports Sean Kilcarr of FleetOwner. But, additional trailers may cause additional problems with managing routes and dealing with an overstocked inventory. . Shipping LTL Rates Will Improve.

Capacity 120

Capacity Purchasing Skills Material Savings Price Reduction 120

Talking Logistics

JANUARY 16, 2015

Cass Freight Index Report for December 2014. provides planners and buyers with deeper understanding of shopper purchasing behavior, assortment performance at the shopper segment level and rich assortment recommendations to deliver personalized offers…Available immediately, Retail.Me Paragon acquires majority share in Axida.

Logistics Network Optimization Software 100

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SCMDOJO

OCTOBER 7, 2022

Logistics is the central system that controls physical inventory flow in a supply chain. Time- related Logistics KPIs Example: Order to Delivery Lead Time = Actual delivery date – purchase order creation date. Helps in scrutinizing which inventory management method to adopt. Attribute 3 – Cost related Logistics KPIs.

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Supply Chain Shaman

DECEMBER 17, 2018

Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015. Impact of Demand Sensing on Inventory Levels. The reason? The implementation was very successful.

Demand Planning Software 256

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Talking Logistics

JUNE 5, 2015

We founded Enspire Commerce to address gaps in the marketplace for price-competitive solutions that solve the complexities of omni-channel inventory visibility, order routing and fulfillment execution between retailers and their stores, logistics partners and vendors. Finally, UPS and comScore, Inc. study this this week.

Logistics Network Optimization Software 100

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Talking Logistics

SEPTEMBER 25, 2015

In transportation news, the American Trucking Associations reported that its advanced seasonally adjusted For-Hire Truck Tonnage Index declined 0.9% Looking ahead, Costello is concerned “about the high level of inventories throughout the supply chain [that] could have a negative impact on truck freight volumes over the next few months.”.

Logistics Network Optimization Software 100

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Enterra Insights

MAY 3, 2018

Consumers now take the digital path to purchase more often than not; but, they don’t care what retailers call their shopping journey or what strategies companies use to make the shopping journey a seamless one. ” Once a consumer completes his or her digital path to purchase (i.e., ’ They simply just shop.”[1]

Omnichannel 100

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Enterra Insights

SEPTEMBER 28, 2020

… With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts. Data and advanced analytics. Data analytics and cognitive risk sensing are becoming increasingly important tools for organizations.” ”[2]. CPG industry and cognitive technologies.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Enterra Insights

DECEMBER 16, 2021

”[1] His prediction proved accurate. Department of Agriculture (USDA) reported, “The food-at-home (grocery store or supermarket food purchases) CPI increased 1.1 ”[2] The USDA went on to predict, “In 2022, food-at-home prices are expected to increase between 1.5 In November, the U.S. ”[6].

Supply Chain Design Software 130

Supply Chain Design Software Pricing Training Predictive Analytics Software Purchasing Skills 130

Supply Chain Shaman

OCTOBER 29, 2014

The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. It was also the preference of the consulting partners because the projects were longer, more costly and better aligned with the consulting model.

Supply Chain Planning Software 313

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Talking Logistics

MARCH 17, 2016

As one of its many programs, it initiated the “2015 Going the Distance Challenge” here in North America. I purchased my first fitness tracker, set my goals, and the competition began. In supply chain planning, we are driven by metrics. It all began last summer. And thus, Friends with Fitbits was born.

Supply Chain Planning Software 100

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Enterra Insights

MARCH 29, 2018

” Consumers now take the digital path to purchase more often than not; but, they don’t care what retailers call their shopping journey or what strategies they use to make the shopping journey a seamless one. Analysts from Veridian explain, “Retailers must align inventory placement, its physical location, with demand.

Omnichannel 100

Omnichannel Inventory Reduction Cost Reduction Strategies Manufacturing Procurement 100

Supply Chain View from the Field

OCTOBER 14, 2015

The conference was a great opportunity to interact with logistics and procurement executives in an environment of open dialogue and discussion. There is no question that the oil and gas sector is under a huge amount of pressure to drive cost savings.

Material Savings 60

Material Savings Conference Cost Reduction Strategies Price Reduction 60

Supply Chain Shaman

NOVEMBER 3, 2015

LLamasoft acquired the LogicTools assets from IBM in the spring of 2015.) The purchase of Barloworld gives LLamasoft a strong presence in the United Kingdom, and a team on the European continent. The Acquisition Is a Mixed Bag for the Inventory Management Market. This is LLamasoft’s second acquisition within a year.

Supply Chain Design Software 0

Supply Chain Design Software Supply Chain Planning Software Network Design Software Supply Chain Software 0

AFFLINK

JANUARY 26, 2017

Proper hospital inventory management can be tricky: administrators and healthcare supply chain professionals must make sure their facilities have enough product to meet demand from doctors and nurses, but not too much that it negatively impacts the hospital’s budget or takes up too much space. Collect Data from the Supply Chain.

Inventory Management Software 48

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Supply Chain Matters

AUGUST 21, 2023

Retailers who proactively anticipated such trends and resized their inventory stocks seemed to have fared better. percent, the slowest rate of growth since 2015. Q3 revenues will include the reported very successful two-day Prime Day shopping promotional held in July. reported a 6.4 billion and $8.5 billion in Q3 of 2022.

Pricing Training 52

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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 Network Software 106

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ToolsGroup

OCTOBER 20, 2015

Last month, Lennox Residential was runner-up in the 2015 Council of Supply Chain Management Professionals (CSCMP) Supply Chain Innovation competition, arguably the top supply chain award in North America. Instead they adopted advanced analytical techniques to accurately model and forecast complex and unpredictable demand.

Supply Chain Planning Software 120

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GlobalTranz

DECEMBER 29, 2014

Warehouse Metrics to Track to Improve Profitability and Operations : Today’s warehouse managers often accrue massive amounts of performance data, but sometimes find they can apply little of it toward making productivity gains or customer service improvements. Read the Full Post. Download the Webinar Replay. Read the Full Post.

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