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). Diversified Industry Performance For the Period of 2010-2017. Meet Ernest.

Supply Chain Software 34

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

Enterra Insights

OCTOBER 26, 2022

From supporting cutting-edge cancer research to helping businesses track their inventory, machine learning and AI offer the ability to disrupt and enhance our existing processes in virtually every segment of society.”[1]. ”[1]. If you think their rhetoric is hyperbolic, think again. Tech journalist Christian Rigg agrees with Wang.

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

Supply Chain Shaman

JULY 3, 2017

As a result, supply chain leaders focus on unrealistic goals of inventory or costs, they will throw the system out of balance. Growth in car buying stimulated the value chain. In critical industries like semiconductor and computer hardware, growth is down, operating margin is off and inventory turns are declining. Buyers beware.

Inventory Reduction 159

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 159

Supply Chain Shaman

MARCH 3, 2018

Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. Instead, companies need to build it into digital process redefinition like digital path-to-purchase, digital procurement, digital agriculture, digital manufacturing or digital service.

Supply Chain Design Software 153

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 153

Enterra Insights

FEBRUARY 13, 2019

You can use data gathered from user behavior and purchases to predict how they may act in the future or tailor marketing efforts to their likes, dislikes and buying habits.” 6] Bernard Marr, “ Predictive Analytics And Machine Learning AI In The Retail Supply Chain ,” Forbes , 12 September 2017. ” 7. .

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

Freightos

NOVEMBER 11, 2021

On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. Amazon has made a habit of excelling at logistics to retain end customers and third party sellers.

Logistics Network Optimization Software 177

Logistics Network Optimization Software Price Reduction Cost Reduction Strategies Expense Reduction 177

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA. Our Rating: 5/5 4.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 100

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. In 2017 it showed the world the D2C trend was coming by slashing its 30,000 retail partners down to just 40. What do you do best?

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Logility

AUGUST 7, 2017

The middle tier of the Gartner Hierarchy of Metrics contains metrics to diagnose supply chain performance through financial measurements including Cash-to-Cash Cycle Time, Accounts Payable and Accounts Receivable Days Outstanding and Total Inventory Days. Post: Gartner 2017 Keynote - Aspire, Challenge and Transform in a Disruptive World.

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Developed a process of excellence in supply chain collaboration. Implemented cross-docking in its supply network to enable inventory reductions. That should be sobering news for any business not yet focused on supply chain excellence as a lever for business success.

Inventory Reduction 111

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

Supply Chain Network

OCTOBER 27, 2017

BOSTON, MA, October, 27, 2017 – Research recently published by the University of Tennessee, Knoxville’s Global Supply Chain Institute , and sponsored by Maine Pointe , identifies collaboration as one of six key elements of creating competitive advantages through supply chains. Maine Pointe calls this Total Value Optimization (TVO)™.

Optimal Sourcing 101

Optimal Sourcing Supply Chain Planning Software Gartner Supply Chain Optimization 101

Enterra Insights

JUNE 26, 2019

The Internet was still in its infancy (it had about 100K hosts connecting roughly a million people), the Macintosh Portable was released (weighing 16 pounds and costing $6500), and Microsoft Excel (a mainstay of S&OP) was just four years old. Dependency on Excel. That doesn’t mean buying the first shiny thing you see.

S&OP 100

S&OP Supply and Demand Supply Chain Planning Software Analytics Software 100

Enterra Insights

MARCH 9, 2021

He writes, “Manufacturing operations can take advantage of the data in a number of different ways: Inventory levels; quality control data; equipment productivity; operator productivity; and, condition of equipment.” .”[3] He lists a number of ways data can help manufacturers in their digital transformation efforts.

Supply Chain Planning Software 130

Supply Chain Planning Software Industrial Industry Supply Chain Design Software 130

C3 Solutions

JUNE 19, 2020

For companies seeking to survive and excel in the current 'retail apocalypse' , understanding the right technologies to employ in their supply chain operations is critical. Consumers are no longer bound by loyalty or geographic necessity in their purchase decisions. The Challenges. Amazon has led the e-commerce charge.

Supply Chain Software 137

Supply Chain Software Distribution Retail Supply Chain Design Software 137

Enterra Insights

JUNE 13, 2018

Horizontal (versus Vertical) Process Excellence. “A focus on business process alignment across functions, through horizontal processes like Revenue Management, Sales and Operations Planning (S&OP), Inventory Management, New Product Launch, and Supplier Development.” ” Supply Chain Digest , 10 August 2017. [2]

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain 100

Supply Chain Trend

DECEMBER 7, 2017

Maybe at the start of the S&OP project executives buy in and employees are still eager. He called his idea ‘the world simplest idea’ and introduced that ‘people buy why you do things not what you do’. Another reason is that employees just get tired of an overly dogmatic, bureaucratic process and data focused monthly cycle.

S&OP 79

S&OP Supply and Demand Resource Reduction Inventory Reduction 79

Oracle SCM

JANUARY 23, 2019

This transformation has extended all the way to the palms of consumers’ hands, as smartphones give people the power to research and purchase products at the exact moment they want them. In 2017, about 25% of all ecommerce sales, about $85 billion worth, were fulfilled via drop-shipping.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 74

Supply Chain Game Changer

NOVEMBER 25, 2018

Inventory Turns 3. (10%). As I reviewed the list it struck me that it looked very close to the list I remember seeing from 2017. And Lenovo and Nokia were dropped from the 2017 list. Return on Assets (ROA) and Inventory turns are also a part of the scoring process. Further an Inventory turn of 1.0 Peer Opinion 1.

Gartner 60

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 60

6 River Systems

OCTOBER 12, 2020

We follow a stringent procedure to organize inventory in our warehouses. This approach tends to lead to a quicker and easier supply chain with inventory in transit for only a few days compared to a month’s inventory in an ocean container, and then another two to three weeks to clear customs. Efficient warehouse operations.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

Unleashed

DECEMBER 19, 2018

Multichannel selling allows customers to shop and purchase through whichever channel they prefer. Each channel offers a separate opportunity to interact with the brand and make purchases. When businesses are looking to buy from other businesses, the B2B model comes into play. What is multichannel selling? What is B2B eCommerce?

Manufacturing Procurement 60

Manufacturing Procurement Modeling Software Sourcing Strategies Price Reduction 60

Supply Chain Game Changer

AUGUST 21, 2019

It is also sometimes known as “buy online, pick up in store”, or BOPUS for short. Consumers around the world are showing a growing appetite for the speed and convenience of the buy online, pick up in store model. Source: 2017 Click and Collect Retail Consumer Preference Study) ?. Why Do Customers Prefer Click & Collect?

Purchasing Training 52

Purchasing Training Cost Reduction Strategies Purchasing Skills Resource Reduction 52

Supply Chain Game Changer

JANUARY 14, 2020

Inventory Turns 3 (10%). As I reviewed the list it struck me that it looked very close to the list I remember seeing from 2017. And Lenovo and Nokia were dropped from the 2017 list. But overall most of the list was the same as 2017. Return on Assets (ROA) and Inventory turns are also a part of the scoring process.

Gartner 10

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 10

ShipBob

AUGUST 12, 2019

And 78% of ecommerce brands saw up to 30% growth in Cyber Weekend 2018 sales compared to 2017, with an additional 11% ecommerce brands seeing up to 50% growth in revenue. For example, offering either 10% off the entire purchase or a free small gift when a customer retweets a specific tweet. Mistake #3: Not ordering enough inventory.

Company 72

Company 3PL Supply and Demand Predictive Analytics Software 72

Enterra Insights

FEBRUARY 1, 2021

” Those are excellent questions to consider before making investments in any technology. 7] Trevor Miles, “ Let’s be clear: Digitization is not the same as Digital Transformation ,” Kinaxis Blog, 8 December 2017. [8] And if I am successful, what improves in my business ?'” ” Step 3. Synchronize with digital business.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Optimization 113

Supply Chain Game Changer

NOVEMBER 21, 2018

A Sales, Inventory and Operations Planning (SIOP) business process is an essential element for running a successful business. SIOP will allow you to improve your forecasting, capacity and resource planning, cash flow, and inventory levels. The Procurement/Supply Chain team needs to order the materials and manage inventory levels.

Sustainability 59

Sustainability Forecasting Supply Chain Planning Software Forecasting Software 59

Supply Chain Game Changer

NOVEMBER 23, 2018

million in 2017 and is expected to reach approximately USD 666.61 million by 2024, growing at a CAGR of 49.16% between 2017 and 2024” ( globalnewswire.com 2018 ). The distributed database which is one of the main pillar of Blockchain concept, can used to get the inventory status across companies and even across the supply chain.

SCM 50

SCM Supply Chain Network Software Logistics Network Optimization Software Supply Chain Software 50

Supply Chain Game Changer

NOVEMBER 23, 2018

He cites data from the American Trucking Association that wages have risen between 15 and 18 percent from 2013-2017, and says this should mean that the shortage will be overblown. Fallacy 4: Improved forecasting will always lead to lower inventory levels. Fallacy 5: Companies who have functional excellence will always win.

Manufacturing Procurement 49

Manufacturing Procurement Supply Chain Planning Software Purchasing Skills Supply Chain Software 49

KEPLER Consulting

OCTOBER 18, 2017

After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath. Strategic actions like Purchasing Strategy definition or Negotiation preparation are not correctly documented.

Purchasing Skills 60

Purchasing Skills Negotiating Skills Optimal Sourcing Sourcing Strategies 60

Tompkins Blog

APRIL 29, 2014

The growth of actual online sales from online purchases between 2012 and 2017 will only grow from 7.7% There have been a variety of factors that have contributed to this: Real transportation, operations, real estate, inventory, and capital costs must be utilized. of total retail sales to 10.3% of total retail sales.

Real Estate 66

Real Estate Material Savings Price Reduction Sourcing Strategies 66

Requis

FEBRUARY 4, 2021

Nicolas Vandeput is a supply chain data scientist who specializes in demand forecasting and inventory optimization. He has taught forecasting and inventory optimization to masters’ level students since 2014. I like to describe myself as somebody who is passionate about supply chains, demand forecasting, and inventory management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Modeling 52

Supply Chain Game Changer

NOVEMBER 11, 2018

As a consumer you are generally able to buy what you want where you want and when you want with relative ease. Within Retail having an excellent Master Data Management system and process is critical. And data integrity and inventory accuracy is key. Seamless inventory visibility is critical. Master Data.

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Planning Software Retail Agile and Lean Supply Chain 48

Supply Chain Game Changer

NOVEMBER 22, 2018

We launched the Global Inventory Turnover Breakthrough project on April 1st. Our challenge was to improve Inventory turnover from 6.3 Our Inventory turnover was perennially the worst in our industry. Our Inventory turnover was perennially the worst in our industry. It was not a joke. turns to over 8.6

Inventory Reduction 44

Inventory Reduction Supply Chain Planning Software Expense Reduction Inventory 44

Unleashed

JANUARY 28, 2021

If we were to purchase a $15 per-pound bag of whole-bean coffee (in US dollars) and then break down how it got to that price, this is what we might see… It will cost around $4 per pound of raw beans to acquire them from the initial grower. That old Excel spreadsheet won’t take you far. Breakdown of a coffee exporter.

Manufacturing Procurement 59

Manufacturing Procurement Purchasing Skills New Zealand Australia 59

RELEX Solutions

DECEMBER 3, 2018

It also needed to offer batch level inventory management, outstanding visibility of incoming goods flow, and take space constraints into account in replenishment. The company chose RELEX because of its excellent track record with retailers’ online, offline and omnichannel operations. – Simon Svensson, Purchaser, Kolonial.no.

Food 31

Food Waste Reduction Inventory Reduction Forecasting 31

6 River Systems

SEPTEMBER 17, 2019

In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. Bed Bath & Beyond is also implementing inventory reduction strategies and is on track for a 5% reduction year-over-year by the end of the current fiscal year.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Logistics Network Optimization Software 45

NC State SCRC

FEBRUARY 20, 2023

Over the decades, EDI standards emerged that cover a variety of supply chain artifacts and activities , from Purchase Orders & Acknowledgements (EDI 850 & 855) to Invoices (EDI 810) to Shipping Manifests (EDI 856). Ordering a new car meant hearing the salesperson blabber on about electronics shortages causing their low inventory.

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

RELEX Solutions

FEBRUARY 8, 2017

The company wanted an effective and secure solution for forecasting demand and determining purchase quantities, enabling them to serve their customers better and ensure they always have the right products in stock. With RELEX, Arvid Nilsson aims to get excellent system support to manage the replenishment of its central warehouse.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 28