ToolsGroup

JANUARY 19, 2024

Surpassing the pre-pandemic levels of January 2020, NRF 2024 showcased a robust exchange of ideas, strategies, and insights that promise to shape the retail landscape in the coming year. Last year witnessed a considerable impact on retailers’ profits attributed to shrink, commonly recognized as lost inventory.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Optimization Software Forecasting Software 156

Enterra Insights

APRIL 27, 2021

For years, ‘faster, cheaper and more efficient’ has been the supply chain manager’s mantra. Shoring up their supply chains and shielding them against future shocks will challenge leaders to strike a new equilibrium between efficiency and reliability. But the challenge also opens up an important opportunity to create value.”[1]

Sourcing Strategies 130

Sourcing Strategies Manufacturing Procurement Sourcing Agile and Lean Supply Chain 130

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? Amazon did not invent the random storage approach.

Inventory Reduction 73

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 73

Supply Chain Shaman

OCTOBER 8, 2019

The fall ritual precedes the dropping of the ball on Times Square to ring in 2020. I find senior executives love to throw around superlatives like customer-centric, agile, efficient and responsive but lack the understanding of how the words translate to supply chain strategy in the real world. It is all consuming. Time horizon.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Then 2020 was thrown into chaos by the global COVID-19 pandemic. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. Even now, the global GDP for 2020 contracted by an estimated 4.3% Automation.

Inventory Management Software 96

Inventory Management Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 96

The Logistics & Supply Chain Management Society

JULY 22, 2020

But companies will have to go beyond the usual inventory optimisation. . Sourcing strategies will focus on risk-free, nearshoring supply base with long term partnership with TCO-competitive suppliers, who value sustainability. . LogiSYM Supply Chain Magazine – July 2020. – LogiSYM July 2020.

Supply Chain Software 147

Supply Chain Software Modeling Pharmaceutical Agile and Lean Supply Chain 147

Demand Solutions

MARCH 27, 2020

This past March, Tim Carroll, Product Availability Team Captain at AutomationDirect, was presented the 2020 World-Class Culture Award at the Atlanta Supply Chain Awards (ASCA). They're the teams responsible for forecasting inventory requirements, managing inventory replenishment functions and sourcing inventory from suppliers.

Atlanta 173

Atlanta Supply Chain Planning Supply Chain Software Supply Chain Strategy 173

Unleashed

OCTOBER 4, 2020

Building and maintaining a strong, consistent brand is fundamental to any marketing strategy. Your marketing strategy should focus on building brand equity because it plays a significant role in your brewery’s long-term sustainability. Beer marketing strategies in 2020. Beer marketing strategies during lockdown.

Sourcing Strategies 82

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 82

Logistics Viewpoints

JUNE 12, 2024

The main drivers for growth in autonomous supply chains are the increasing demand for efficiency, transparency, and resilience in supply chain operations, the rapid advancement of technologies including cloud computing and 5G, and the vulnerabilities and inefficiencies of traditional supply chains that were exposed during the COVID-19 pandemic.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Software Shipping Supply Chain Optimization 225

QAD

AUGUST 12, 2021

In 2020, Coca-Cola achieved a goal to reduce relative carbon emissions by 25% by 2020, against a 2010 baseline, and is now working on further reductions. Ford highlighted a 40% reduction in their carbon footprint over the past decade through improved energy efficiency and conservation at facilities and in manufacturing processes.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

Supply Chain Shaman

APRIL 30, 2020

The approaches and technologies deployed before March 2020 are now legacy. The companies are just not good at managing inventories and orchestrating distribution strategies. They are seldom cross-functional to optimize source, make, and deliver together. As a result, the supply chain, as we knew it is dead.

Supply Chain Design Software 360

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 360

Supply Chain Shaman

JANUARY 31, 2022

A container from Shanghai to Long Beach was 56 days in 2020 and increased to 80 days in 2021. Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. He genuinely cared for the organization and prided himself on forging clever strategies.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Supply Chain Shaman

JUNE 9, 2023

Companies need a planning solution to analyze the trade-offs between make, source, and deliver. Sales and Operations Planning (S&OP) is no panacea for the lack of clarity of an operating strategy or the absence of product flow design. A Focus on Safety Stock Is Too Narrow for Effective Inventory Management. The reason?

Optimal Sourcing 319

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 319

Enterra Insights

APRIL 21, 2021

He observes, “For many manufacturing and supply chain organizations, the Covid-19 pandemic highlighted multiple shortcomings in their data management strategies. Systems generate data and produce reports independently, with the result that decisions are made separately, undermining efficiency.”[2] revolution.

Analytics Software 130

Analytics Software Big Data Predictive Analytics Price Reduction 130

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. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030. View full report.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources. Product strategies.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

GlobalTranz

APRIL 13, 2021

There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. million in 2020 , with compromised employee accounts the most common cause.

Supply Chain Disruption 205

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 205

Supply Chain Shaman

FEBRUARY 7, 2022

A container from Shanghai to Long Beach was 56 days in 2020 and increased to 80 days in 2021. Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. He genuinely cared for the organization and prided himself on forging clever strategies.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Logistics Viewpoints

SEPTEMBER 29, 2022

In 2020, UScellular took the major step of initiating the deployment of 5G technology across its network. Although the company has its roots in regional development, its growth opened up opportunities to gain efficiencies from centralized supply chain planning. The company’s cellular network includes approximately 7,000 cell sites.

Supply Chain Transformation 245

Supply Chain Transformation Network Optimization Supply Chain Network Software Optimal Sourcing 245

GlobalTranz

DECEMBER 22, 2020

For shippers, 2020 was like riding a roller coaster with no way to get off. The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data. However, some market trends that became significant factors in 2020 will likely continue.

Forecasting 156

Forecasting Forecasting Software Freight Inventory Reduction 156

Arena Solutions

APRIL 4, 2023

1 In 2018, the three engineering disciplines producing the most degrees were, mechanical engineering, with 31,936 degrees, computer science with 19,082 degrees, and electrical engineering with 13,767, 2 And in 2020, 199,790 degrees in engineering were awarded in the U.S. Breaking it down In the U.S. 3 What’s the allure?

Manufacturing Procurement 81

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 81

Logility

OCTOBER 29, 2021

With the right technology, process manufacturing strategy, planning, and management can be simplified. To optimize throughput and capacity utilization, process manufacturers must effectively manage inventory, apply predictive analytics, and gain supply chain transparency through digital transformation.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

Locus

APRIL 3, 2023

All successful modern-day businesses rely on an efficient system of logistics management. This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. from 2019 to 2025.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

Stord

APRIL 11, 2022

The out-of-stock sticker shock we experienced in the past few years is forcing retailers to take a hard look at how they plan inventory. Why Has Inventory Been so Hard to Come By? Near the start of the pandemic, the inventory-to-sales ratio in the U.S. in July 2020 and bottoming out at 1.07 plummeted—first down to 1.21

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

Supply Chain Shaman

JULY 25, 2021

Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). Another misconception is that enterprise resiliency only started to decline in 2020 with the pandemic. Lack of Focus on Form & Function of Inventory and Designing Network Flows.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Shaman

SEPTEMBER 5, 2022

Supply Chain Performance over the Period of March 2020 to July 2022. Supply chain leaders self-assessment of performance during the pandemic period of March 2020-through July 2022. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Why We Cannot Get Inventory Right.

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

Supply Chain Shaman

FEBRUARY 14, 2022

Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Industries carried on average 32 days more inventory in 2020 than in 2007. (I Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Logistics Viewpoints

FEBRUARY 26, 2024

Cooper uses this solution to improve their service levels and operational efficiencies. Prior to 2020, they were paying around ten cents a mask. During 2020, Cooper was paying up to a $1.50 2020 it was just a scramble for PPE,” Dr. Runkle explained. “We We had to go off contract and find our own.

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 252

SYSPRO Smarter ERP

NOVEMBER 1, 2021

2020 SYSPRO research showed tha t 60% of businesses were impacted by supply chain disruptions during the pandemic. Businesses were unable to operate at the same level of efficiency as they were facing operational inefficiencies and the increased need for remote collaboration. Maintaining competitive advantage.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software 111

ToolsGroup

FEBRUARY 7, 2022

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. Data source: eMarketer. Image source: Bring Me the News. eCommerce Purchases and “The New Normal” Retail Categories. Trust Google to have the answer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. As a retailer, you must plan a customer-centric returns strategy in order to build client trust and prevent negative reviews on social media, websites, and other channels where customers interact. Retail returns are on the rise.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Logility

MARCH 16, 2023

Higher interest rates and materials prices are increasing the costs of carrying inventory. And rapid shifts in market demand always leave someone holding excess inventory. Is there a supply chain stakeholder anywhere in the world right now who’s willing to use data from 2020-22 to project demand during 2023-25?

Network Design Software 130

Network Design Software Network Design Supply Chain Design Network Optimization 130

Enterra Insights

JULY 16, 2020

We’re going to decouple completely from China, dramatically cut back on sourcing from other countries, and bring manufacturing back to America, right?”[1] He explains, “In pursuit of ever-greater efficiency, many businesses de-emphasized supply chain flexibility and resilience. industrial supply chain. ”[3].

Agile and Lean Supply Chain 100

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

PINC

JULY 13, 2020

A critical juncture that sits between the warehouses where goods are stored and the end destination for those supplies, the yard quickly became a focal point for companies that scrambled to develop more streamlined, frictionless supply chain strategies. Driving Greater Yard Efficiency. More Enterprise YMS Wanted . Gartner Disclaimer.

Vendor Strategies 130

Vendor Strategies Optimal Sourcing Gartner Sourcing Strategies 130

Enterra Insights

APRIL 28, 2021

Bridget McCrea ( @BridgetMcCrea ), a Contributing Editor for Logistics Management , explains, “With the pandemic entering year two, companies are retracing the steps they took in 2020 and finding more enduring ways to shore up their supply chains not only for the pandemic, but also with a longer-term view in mind.”[1] ” 2.

Supply Chain Transformation 130

Supply Chain Transformation Agile and Lean Supply Chain Gartner Supply Chain Strategy 130

EazyStock

DECEMBER 17, 2019

Intro to 2020 Supply Chain Management Trends. The new year is upon us, and with the end of 2019 we reach the end of the decade – and the beginning of 2020. 2020 supply chain management trends will further these shifts. 2020 supply chain management trends will further these shifts. Greening” the Supply Chain.

Supply Chain Design Software 81

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Trends 81

ToolsGroup

OCTOBER 3, 2022

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” Source: Bloomberg.com. below its February 2020 rate, despite enticements like improved workplace flexibility, benefits, and wages.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156