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. Unlike the all-time highs of 2014, 2017 will reveal an industry on the cusp of restoring order and LTL rates to acceptable, reasonable levels.

Capacity 120

Capacity Purchasing Skills Material Savings Price Reduction 120

Talking Logistics

DECEMBER 15, 2017

Christmas Becomes Inventory War Game for US Fashion Brands (Business of Fashion). WiseTech Global buys Microlistics for $40m, its ninth acquisition in 2017 (Australian Financial Review). The post This Week in Logistics News (December 11-15, 2017) appeared first on Talking Logistics with Adrian Gonzalez.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Logistics San Francisco Sacramento 0

ToolsGroup

JANUARY 3, 2017

Overall, we found our consumer goods customers averaging forecast accuracy in the mid-80s (with monthly aggregation) with inventory levels around 25 days and service levels around 98%. For retail, the forecast accuracy was similar, with service levels above 97% and very dispersed stock levels.

Benchmarking 168

Benchmarking Supply Chain Planning Scenario Planning Forecasting 168

Supply Chain Shaman

JUNE 19, 2018

It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement. Wal-Mart and TJX Orbit Chart for Operating Margin and Inventory Turns for the Period of 2006-2017.

Gartner 218

Gartner Supply Chain Design Software Supply Chain Design Supply Chain Strategy 218

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Now, let’s take consumer products. What can we learn?

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Kinaxis

JUNE 26, 2017

The 2017 Supply Chain & Logistics EMEA summit & expo was one such opportunity. Practices such as supply chain segmentation, inventory target setting, and smoothing of production and distribution schedules and bringing consistency and repeatability into them, are all ways to build shock absorbers into the supply chain systems.

Agile and Lean Supply Chain 0

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Planning 0

Freightos

JANUARY 8, 2017

11 Ways Tech Will Change Logistics in 2017. We’re wrapping up 2016 with a recap of eleven logistics technology trends that shaped the year; and will change how goods are produced, shipped and consumed in 2017. The post 11 Ways Tech Will Change Logistics in 2017 appeared first on Freightos. By Zvi Schreiber, CEO of Freightos.

Logistics Network Optimization Software 24

Logistics Network Optimization Software Container Tracking Supply Chain Design Software Logistics 24

DELMIA Quintiq

SEPTEMBER 16, 2021

When disruptions like unexpected shortages, scheduling slip-ups or inefficient resource allocations occur, MPS offers the ability to quickly react to changes in inventory and evaluate different alternatives for optimal production scheduling. DELMIA Quintiq Master Production Scheduling (MPS).

Optimal Sourcing 287

Optimal Sourcing Supply Chain Optimization Network Optimization Optimization Software 287

Enterra Insights

AUGUST 1, 2019

Every supply chain professional understands inventory is a necessary evil. Carry too little inventory and you can miss out on sales and anger customers. Carry too much inventory and you increase handling costs and cut into profits. The inventory optimization challenge. The inventory optimization challenge.

Optimal Sourcing 124

Optimal Sourcing Modeling Inventory Reduction Supply Chain Optimization 124

Supply Chain Shaman

JUNE 7, 2018

When we study 600 public companies by peer group, at the intersection of inventory turns and operating margin, only 5% drive improvement. To make the argument, let’s look at industry orbit charts in aggregate for the period of 2006-2017 for the apparel and chemical companies. of revenue on IT are we improving inventories.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 235

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. Orbit Chart for L’Oréal at the Intersection of Inventory Turns and Operating Margin.

Case Study 270

Case Study Inventory Reduction Agile and Lean Supply Chain Study 270

Supply Chain Shaman

DECEMBER 17, 2018

The implementation of a Demand-Driven Materials Requirements Planning (DDMRP) using Orchestr8 followed in 2017. 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 implementation was very successful. Planting the Seeds.

Demand Planning Software 264

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 264

ToolsGroup

OCTOBER 24, 2017

She says she believes DDMRP “buffers are only a piece of the answer” and that “forecasting plays a vital role in determining the rules for inventory buffers.” He is a great thinker on inventory planning and demand management.” by Lora Cecere, May 5, 2017. DDMRP – A Repackaging of Lean and JIT by Shaun Snapp, September 19, 2017.

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 185

Logistics Viewpoints

OCTOBER 1, 2022

In 2017, Flytrex successfully launched the world’s first fully autonomous urban drone delivery system in Reykjavik, Iceland, and we covered that initiative in these pages on June 15, 2018. The CNBC article states, “ As delivery times and consumer demand rose this year, retailers responded by ordering inventory earlier than usual.

Logistics Network Optimization Software 294

Logistics Network Optimization Software Inventory Reduction Supply Chain Software Logistics 294

Logistics Viewpoints

JUNE 8, 2021

Target acquired Shipt in 2017 to provide the foundation of its same-day delivery. How can we strategically house inventory to better support gig integration? Where will our inventory footprint currently support gig integration? Inventory location and availability (from warehouse management software).

Supply Chain Network Software 307

Supply Chain Network Software Supply Chain Planning Software Retail Logistics Network Optimization Software 307

ToolsGroup

SEPTEMBER 5, 2017

Aberdeen’s “CSCO Planning Strategies for 2017: Addressing Demand Volatility” report rated it their #1 challenge: above customer fulfillment demands, rising supply chain costs, and all other pressures (see Figure 1 below). Instead, it requires a holistic look at inventory. She concludes, “Does better forecasting improve inventory?

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Planning Modeling Supply and Demand 185

Kinaxis

OCTOBER 13, 2014

I find that most have a similar opening – 30 billion or so devices will be connected by 2017 and more “things” will be connected than human beings on the earth. Demand management General News Inventory management Sales and operations planning (S&OP) Supply chain management' What do you think?

Internet of things 236

Internet of things Supply Chain Planning Software Inventory Reduction Scenario Planning 236

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. That’s an increase from 17% in 2017. Just 7% say they’re not likely to adopt predictive analytics, a decrease from 11% in 2017.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Supply Chain Shaman

APRIL 30, 2020

Glaxo SmithKline introduced Shingrix in 2017, but shortages prevailed. The companies are just not good at managing inventories and orchestrating distribution strategies. Localize supply—design inventory strategies to include buffer strategies. My left arm hurts. I have been on a waiting list to get the shot for three years.

Supply Chain Design Software 362

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 362

Techgistics

SEPTEMBER 28, 2017

I've dug into Amazon's patent filings over the last five years and mined the patent titles for keywords related to inventory and logistics. Patent: Lane Assignments for Autonomous Vehicles Date Filed: January 2017 This patent describes a way for autonomous cars to navigate reversible lanes where traffic flow changes based on demand.

Logistics Network Optimization Software 39

Logistics Network Optimization Software Apparel Logistics Supply Chain Design Software 39

ToolsGroup

NOVEMBER 15, 2016

Inventory and CapEx required to support desired service levels. They can drive planning improvement, but equally important, they can foster a more intelligent and informed discussion with non-planning stakeholders around: Realistic expectations of forecast accuracy and Demand Planning performance.

Forecasting 120

Forecasting Forecasting Software Supply and Demand Modeling 120

Supply Chain Shaman

OCTOBER 25, 2017

To meet the need, the Spairliners planning team knew they needed help in inventory planning. To provide one billion yearly components flying hours, manage over $200M inventory, and guarantee with 95-99% target for on-time delivery for their customers. Watch Antony Nardozza’s presentation at the Supply Chain Insights 2017 Global Summit.

Forecasting 153

Forecasting Forecasting Software Modeling Supply Chain Planning Software 153

ToolsGroup

JANUARY 10, 2017

Unmanned coffee stations transmit POS data every 15 minutes to help a highly autonomous planning system forecast demand, optimize inventory, and generate replenishment proposals for distribution and procurement. At Costa Express , just one planner now handles the planning for 5600 points of sale. What going on?

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 120

Supply Chain Shaman

AUGUST 7, 2019

In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. In the period of 2010-2018, within the chemical industry, margins fluctuated, largely driven by the price of crude, but inventory turns plummeted.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 253

Logistics Viewpoints

SEPTEMBER 15, 2023

The latest capability for merchants shows that the e-commerce giant is trying to control more inventory deeper in the supply chain before it’s sold. Since launching the world’s first autonomous drone delivery system in Reykjavik, Iceland in 2017, Flytrex has been working closely with regulators to get drone delivery off the ground.

Logistics Network Optimization Software 285

Logistics Network Optimization Software Logistics Arkansas Panama 285

ToolsGroup

OCTOBER 11, 2017

“Identifying the value that can be created from an accurate forecast is what counts—not an accurate forecast," says Gartner in Win the Business Case for Investment to Improve Forecast Accuracy (Steve Steutermann, May 2017). 9% reduction in inventory obsolescence (percent of inventory value).

Forecasting 180

Forecasting Supply and Demand Forecasting Software Optimal Sourcing 180

ToolsGroup

JUNE 13, 2017

In the 2017 Supply Chain Management Executive Conference presentation Exploring the Major Changes in Supply Chain Planning Technology through the Five Stages of Maturity , Gartner analyst Tim Payne described a representative tool for each level of supply chain maturity. Do I put it into raw materials? Do I put in WIP?

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Gartner Forecasting Software 209

Supply Chain Shaman

JUNE 23, 2020

I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). The term “AI” is overused.

Supply Chain Design Software 299

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 299

Supply Chain Shaman

JUNE 15, 2018

My caution is not so fast… 95% of companies are not making progress at the intersection of growth, operating margin, inventory turns and asset strategies. Here I show orbit chart comparisons at the intersection of operating margin and inventory turns for the period of 2006-2017. This is especially true for the Titans.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Supply Chain Shaman

JANUARY 8, 2024

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. The supply chain has two important buffers–inventory and capacity. The reason?

Supply Chain Design Software 243

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 243

Logistics Viewpoints

MARCH 21, 2021

The 2017 hurricane season,” Mr. Herzog said, “was a big event on our journey. P&G activated its business continuity plans and repositioned inventory so that when the hurricane passed, they could supply consumers with what they needed most. We saw Irma coming, a Category 5 hurricane, and its path.” We never had that before.”

Supply Chain Design Software 316

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 316

ToolsGroup

NOVEMBER 7, 2017

In their recent report titled Carefully Assess Which Tools Are Right for Each Stage of Supply Chain Planning Maturity (20 October 2017, Tim Payne & Amber Salley), the analyst firm describes the right tools to get from one level to the next. For this blog, we’ll focus on just one of those steps, from Stage 3 to Stage 4.

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 168

AIMMS

JANUARY 30, 2019

None of the respondents share data across multiple applications to manage inventory, network design and S&OP in an integrated way. These quiz responses are fairly consistent with a 2017 survey by Lora Cecere’s Supply Chain Insights, which revealed that 65% of companies use spreadsheets for network design.

Supply Chain Design Software 230

Supply Chain Design Software Supply Chain Network Software Network Design Software Network Optimization 230

Supply Chain Shaman

MARCH 9, 2020

In the downturn of the market in 2017, it took the average supply chain six months to adjust, I expect alignment with this shift to be worse. Simplistic thinking of trading-off customer service, inventory and cost became much, more complicated with the shifts in asset strategies. Supply chains operate blindly on order data.

Supply Chain Design Software 325

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 325

ToolsGroup

JANUARY 23, 2018

Aftermarket parts is a big net margin producer for many manufacturers, and yet service levels and inventory in these operations are often woefully sub-optimized (See CapGemini statics above). Million cash to the company’s bottom line, solely from inventory savings. There’s untapped cash and profits in your spare parts business.

Supply Chain Planning Software 174

Supply Chain Planning Software Supply Chain Planning Scenario Planning Optimization Software 174

Enterra Insights

JANUARY 6, 2022

In 2017, Manesh G Pillai, a senior director at SapientRazorfish, openly asked, “Is cognitive computing the future of retail?”[2] turn to the technology for a wider range of operations, from inventory management to more personalized online search and shopping.”[3] Inventory turnover. and Wayfair Inc.

Retail 173

Retail Optimal Sourcing Optimization Software Analytics Software 173

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