ToolsGroup

FEBRUARY 5, 2019

Gartner analyst Paul Lord has developed a framework to better understand inventory trade-offs by categorizing those decisions according to the objectives they are meant to achieve: structural, operational and situational. Many companies struggle with decisions such as “How many days of sales or inventory turns per year should we target?

Supply Chain Design Software 120

Supply Chain Design Software Optimal Sourcing Supply Chain Design Inventory Reduction 120

Logistics Viewpoints

JANUARY 26, 2021

Despite the inherent challenges, a 2018 McKinsey article estimated that the payoff of agility enabled by digitalization can be staggering: “For companies that aim well and execute effectively, the resulting cost reductions could be transformational. And Agility Can Help Improve Profitability Too?

Agile and Lean Supply Chain 299

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 299

Material Handling & Logistics

JANUARY 10, 2018

A look at the supply chain trends and technology that will come into play in 2018. These concerns will extend into 2018, as companies work on a regulatory standard – though nothing has emerged yet. 2018 will see a focus on taking innovation beyond a buzzword and into implementable solutions that deliver executable results.

Predictive Analytics Software 96

Predictive Analytics Software Supply Chain Design Software Predictive Analytics Supply Chain Software 96

Material Handling & Logistics

DECEMBER 2, 2018

After a year full of more scandals, indictments, political contentiousness, workplace violence, school shootings and natural disasters, maybe it’s time we all took a collective breath and focused on some of the positives that came out of 2018. Supply Chain Innovators of 2013 : paperless food chain, VLMs, cold chain fleet management, and more.

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Innovation 110

Talking Logistics

SEPTEMBER 7, 2018

This is yet another example of how retailers and manufacturers are trying to find the right balance between delivering an enhanced customer experience and finding the optimal mix of inventory, transportation, and labor costs. Spark Delivery: Walmart’s Crowd-Sourced Delivery Platform.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Manufacturing Procurement 120

Supply Chain Shaman

SEPTEMBER 24, 2017

In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. While the practices of finance are over 200 years old, in contrast, supply chain as a cross-functional practice (the combination of make, source and deliver) was recently defined in 1982. Is talent a cost or an asset?

Cost Reduction Strategies 207

Cost Reduction Strategies Inventory Reduction Resource Reduction Manufacturing Procurement 207

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

She believes that a central Inventory System that manages all incoming & outgoing transactions and orders will provide a single source visibility, overcome some of her teething problems, and increase productivity in the Order to Fulfilment process. Let us go back to building the new add-ons or the Inventory System.

Supply Chain Design Software 246

Supply Chain Design Software Forecasting Software Predictive Analytics Software Modeling Software 246

Logistics Viewpoints

DECEMBER 12, 2022

They source plastic pellets and then use injection, blow molding, rotational molding, and thermoforming to produce their finished products. We were able to use alternative sources of manufacturing to increase the amount of product that we could sell,” Mr. Baker explained. The fast-growing company generated over $5.5

Supply Chain Planning Software 264

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 264

Enterra Insights

APRIL 4, 2018

Globalism has been a boon to the supply chain by expanding sourcing, opening new markets, accelerating growth and highlighting opportunities to save money. As we step into 2018, enterprises must realize the risks associated with their IoT ecosystem.” ”[1] They continue: “It’s not a simple question. ” 2.

Risk Management 100

Risk Management Supply Chain Design Software Supply Chain Planning Software Analytics Software 100

Supply Chain Shaman

AUGUST 7, 2019

” Or alternatively, “Is there data that could be sourced to help?” 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. inventory turns. Ask the group what is possible?

Supply Chain Design Software 253

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

Supply Chain Shaman

DECEMBER 17, 2018

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. Over this period of 2013-2014 Shell made good progress on inventory, but faced unprecedented supply price volatility. 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

NOVEMBER 2, 2020

The process brings together all the plans for the business (sales, marketing, development, manufacturing, sourcing, and financial) into one integrated set of plans.” Gartner: Keys to Solving the Top S&OP Challenges; Refreshed 29 October 2019, Published 12 June 2018. Read the full Melitta case study below. Read Case Study.

Forecasting 287

Forecasting Forecasting Software Optimal Sourcing S&OP 287

Logistics Viewpoints

AUGUST 16, 2024

The international inbound transportation service is only available to Walmart Fulfillment Services (WFS) sellers that source or manufacture goods in China, and all cargo must be shipped from Yantian, Shanghai, or Ningbo ports. according to the Walmart Marketplace website. Cargo imported into the U.S. Cargo imported into the U.S.

Logistics Network Optimization Software 305

Logistics Network Optimization Software Los Angeles Logistics Long Beach 305

ToolsGroup

APRIL 25, 2019

This walk, then run approach begins with establishing an adaptive, probability-based model for demand forecasting using existing historical data, then layering in more sophisticated machine learning using external data sources. Data Variety The more different types of data sources you factor in (e.g. Increased inventory turns by 25%.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

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

ToolsGroup

MAY 1, 2018

leaving money on the table due to poor inventory performance. Additionally, they invest in technologies that combine inputs from various internal sources into the forecast. These two improvements deliver a forecast with fewer errors and a general improvement in inventory performance.

Gartner 180

Gartner Supply and Demand Forecasting Optimal Sourcing 180

Logistics Viewpoints

APRIL 15, 2021

From an upstream point-of-view, raw material availability, visibility, sourcing and timing will continue to be the primary areas of focus, particularly with organizations looking to mitigate any new market disruptions. From an inbound operations perspective, visibility continues to be a common thread in facilitating this convergence.

Agile and Lean Supply Chain 290

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Supply Chain Planning 290

The Logistics & Supply Chain Management Society

MAY 18, 2021

In a 2018 article published by McKinsey, the consulting firm, noted that despite inherent challenges, the payoff of digitally enabled agility can be staggering. Strategic product segmentation, sourcing and inventory management. Effective pricing and promotions management. Such blind spots are priorities to be removed.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

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). In 2018, Rockwell Automation won the Supply Chains to Admire Award. Meet Ernest.

Supply Chain Software 34

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

Talking Logistics

MAY 11, 2018

Source: [link]. The post This Week in Logistics News (May 7-11, 2018) appeared first on Talking Logistics with Adrian Gonzalez. We celebrate moms for many reasons: for giving us life and nurturing us; for inspiring and comforting us; for their unconditional love. Happy Mother’s Day to all moms, for everything you do.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Design Software 120

Enterra Insights

JUNE 25, 2019

For the last few years, inventory shrinkage has annually cost U.S. ” Regardless of how inventory is lost, shrinkage costs retailers a lot of money. To reduce shrinkage, retailers need to have a strategy to address each of the ways inventory can be lost. Inventory shrinkage strategies. Somewhere between 1.5%

Inventory Reduction 100

Inventory Reduction Cost Reduction Strategies Inventory Vendor Strategies 100

The Logistics & Supply Chain Management Society

JULY 21, 2020

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 91

Inventory Reduction Inventory Retail Sourcing Strategies 91

ToolsGroup

AUGUST 8, 2019

According to Harvard Business Review , “B y collaborating in roles such as supply chain planning and inventory management, the combined power of humans and machines will create new sources of value for businesses.”. AUGUST 10, 2018. Supply Chain Planning: An Ideal Match for AI. Automation Requires a Step-by-Step Approach .

Negotiating Skills 185

Negotiating Skills Supply Chain Planning Software Supply Chain Software Modeling 185

ToolsGroup

OCTOBER 23, 2018

Gartner's recent research report entitled Don’t Believe the Control Tower Hype — Buyer Beware (August 2018) questions vendor messages that are “loaded with marketing hype”. The central hub “gathers, integrates, normalizes and cleanses data from a variety of sources.

Gartner 180

Gartner Supply Chain Planning Software Supply Chain Software Modeling 180

Material Handling & Logistics

FEBRUARY 19, 2018

inventory/materials manager with a food & beverage manufacturer with 26-30 years of experience, living in the Middle Atlantic region and earning $107,000. As the results of the MH&L 2018 Salary Survey indicate, the size of the paycheck has become almost as important. “If Show me the money.”.

Survey 75

Survey Manufacturing Procurement Pharmaceutical Purchasing Skills 75

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). In 2018, Rockwell Automation won the Supply Chains to Admire Award. Meet Ernest.

Supply Chain Software 30

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

Material Handling & Logistics

JUNE 25, 2018

Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. So in 2018, McDonald’s joins Apple, Procter & Gamble and Amazon on a separate “Masters” list, as one of the “best-of-the-best.”. Media Type. Media Credit. Privacy Settings. anonymous user.

Gartner 81

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 81

Enterra Insights

AUGUST 8, 2022

When you boil it down, a product’s shelf life is very short and if you don’t sell it, that inventory will be discounted shrinking already razor thin margins. 5] Staff, “ Halloween Candy – A Scary Supply Chain Planning Problem ,” Logility Blog, 25 October 2018. [6] The cost of over forecasting is severe. ”[6].

Logility 246

Logility Manufacturing Procurement Supply Chain Planning Scenario Planning 246

BlueYonder

DECEMBER 26, 2017

These systems leverage cloud and machine learning but more generally analytics of all types to manage data coming from new and existing sources. Also, improvements in service performance will extend to delivery times, allocating inventory to high-priority orders, and faster new product introductions.

Supply Chain Design Software 103

Supply Chain Design Software Analytics Software Supply Chain Software Modeling Software 103

ToolsGroup

DECEMBER 17, 2020

Cloud has evolved to provide the ideal infrastructure and platform for hosting multiple supply chain partners to collaboratively offer optimized services including planning, logistics, sourcing, procurement and service parts management. Multi-enterprise supply chain means multi-vendors of supply chain applications. . Who can provide them?

Supply Chain Planning Software 275

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

GlobalTranz

FEBRUARY 6, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. What makes Ethereum different is that it actively encourages software development teams to use its open-source protocol to design tokens that run on top of the Ethereum blockchain. Download white paper.

Supply Chain Design Software 411

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Strategy 411

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

A study by the University of Michigan in 2018 showed how a patty of plant-based Beyond meat compared to a regular US beef patty of meat. We can help business leaders by providing insight on the environment benefits or disadvantages of their different sourcing options to start with, but after that comes the physical moving of goods.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 246

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

JULY 22, 2019

Industry-by-industry, I compiled data for the period of 2010-2018. The source data for the analysis comes from Ycharts.). It is not as simple as trading-off inventory, cost, and customer service. Over the last month, I have been working on the 2019 Supply Chains to Admire analysis. Click the link to see the detail.)

Supply Chain Design Software 257

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 257

Logistics Viewpoints

AUGUST 12, 2022

Founded in 2018 in San Antonio, Skipcart is a delivery platform providing same day and on-demand delivery for a variety of industries including e-commerce, pharmaceutical, retail, food and beverage and more, including convenience-store merchandise, with an average delivery time of 30 minutes, the company says on its website. 7-Eleven Inc.

Logistics Network Optimization Software 311

Logistics Network Optimization Software Modeling Logistics San Antonio 311

BlueYonder

JANUARY 19, 2018

Some of the best moments from this year’s NRF Expo highlighted the opportunities retailers have to grow and reinvent the industry in 2018. But there are opportunities awaiting retailers despite the turbulence in today’s market: Inventory optimization and new technologies will open up new and more efficient ways of doing business.

Optimal Sourcing 68

Optimal Sourcing Sourcing Strategies Predictive Analytics Software Supply Chain Software 68