ToolsGroup

DECEMBER 16, 2021

What is Lean Retail? In his book, Lean Retail & Wholesale , professor and author Paul Myerson defines the shift towards lean retail as “a dramatic change in the way products are ordered and distributed that is far more data-centric and focused on understanding and meeting customer demand.” Why is lean retail so important?

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

Supply Chain Shaman

JULY 19, 2020

After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling. What Is Supply Chain Excellence? The seven years of work on the Supply Chains to Admire is part of my quest to answer Keith’s question. Here, in this blog, I explain.

Supply Chain Design Software 417

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 417

Unleashed

JANUARY 31, 2023

Supply chain disruptions are the enemy of product businesses. Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. In this guide to lean logistics: What is lean logistics? The result is high costs and unsatisfied customers.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

The Logistics & Supply Chain Management Society

MAY 18, 2021

The Covid-19 pandemic has confirmed what we already knew: modern supply chains must be built on a foundation of extreme agility and responsiveness. The sudden onset of Covid-19 only reinforced what supply chain professionals had already realized: uncertainty is the only real certainty.

Agile and Lean Supply Chain 147

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Modeling 147

Logistics Viewpoints

JULY 23, 2024

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article comes from Greg Quirk, Product Marketing Manager at Kinaxis and looks at AI in supply chains. Data is the lifeblood of AI in the supply chain.

Optimal Sourcing 268

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 268

Supply Chain Shaman

MAY 13, 2024

If you have walked in the shoes of the supply chain leader, you are probably laughing by now. When a supply chain leader opens a discussion with, “I am leading an initiative for digital transformation”, I know I am in trouble. How aligned do you believe your organization is to drive these metrics?

S&OP 352

S&OP Supply and Demand Inventory Reduction Expense Reduction 352

Supply Chain Shaman

JULY 6, 2020

This is a story for the Eds, Franks, and Toms working together in supply chains across the globe. It is also a story for a young supply chain manager attempting to make a difference, but feeling stymied. The changeover times for the CM Bartlelts was 5X more prolonged than the more agile IM machines.

Agile and Lean Supply Chain 297

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 297

Supply Chain Shaman

OCTOBER 16, 2023

Let me start by saying that t he process is not a panacea to solve all supply chain ills. Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver.

S&OP 336

S&OP Supply and Demand Forecasting Supply Chain Design Software 336

ToolsGroup

JUNE 17, 2024

Last week at the Gartner Supply Chain Symposium/Xpo™ 2024 conference in Barcelona, the supply chain community gathered for one of the most anticipated events of the year. The conversations were both dynamic and thought-provoking, reflecting the complex and rapidly evolving nature of global supply chains.

Gartner 156

Gartner Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 156

Logility

SEPTEMBER 12, 2024

The cloud has emerged as the cornerstone of modern business and supply chain innovation. Yet, many manufacturers still rely on outdated, self-managed ERPs – and the consequences are nothing short of severe for every supply chain they touch. Take, for example, the retail industry.

Supply Chain Planning Software 196

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 196

Supply Chain Shaman

SEPTEMBER 3, 2018

” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supply chains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. According to my research, top-performing supply chains possess three very different qualities. What did we find?

Supply Chain Planning Software 319

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 319

Logistics Viewpoints

FEBRUARY 16, 2021

In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. What is supply chain visibility?

Supply Chain Visibility 313

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 313

QAD

JUNE 25, 2019

The effective use of a manufacturer’s inventory investment is an important determinant of the company’s success. Excess and obsolete inventory is a drain on resources, as is excessive safety stock. Managing an Inventory Investment. Managing an Inventory Investment. Using Metrics to Measure the Health of the Business.

Procurement Analytics 111

Procurement Analytics Metrics Inventory Reduction Inventory 111

ToolsGroup

MAY 15, 2024

In our previous discussion on decision-centric planning , we explored its fundamental principles and how it can revolutionize supply chain management. During the COVID-19 pandemic, global supply chains faced unprecedented disruptions due to lockdowns, restrictions on movement and shifts in consumer behavior.

Supply Chain Planning Software 177

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Software 177

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” less likely to be affected by supply chain disruptions.

Procurement Analytics 68

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 68

Kinaxis

DECEMBER 3, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #3 Not having end-to-end supply chain visibility. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #6 Not effectively managing inventory.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

Logility

AUGUST 18, 2023

In today’s rapidly evolving marketplaces, businesses need every advantage they can secure — and often, that edge lies in the effective alignment of executive leadership with supply chain operations. So, how can companies overcome these obstacles and use supply chain operations as a strategic tool?

Supply Chain Performance 185

Supply Chain Performance Supply Chain Planning Software Resource Reduction Supply Chain Design Software 185

Logility

AUGUST 5, 2021

With global business complexities growing every day, companies must have business processes in place to help manage the trade-offs between the supply and demand sides of their supply chain. If your sustainable competitive advantage is centered on strong customer relationships, you may carry more inventory than your peers.

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

Logistics Viewpoints

MARCH 9, 2023

Autonomous Supply Chains In this competitive environment, a CPG manufacturer needs to fight to get space on retailer shelves in each region, keep those shelves stocked, compete and collaborate simultaneously with e-commerce, and maintain its operating margins. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 227

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 227

Supply Chain Shaman

JULY 25, 2021

As a guest writer for Forbes, public relations firms constantly pepper me with requests to speak to technologists boasting of having answers to improve supply chain resilience. I strongly believe that historical supply chain practices are not the answer. They need to evolve to help today’s supply chain business leader.

Procurement Analytics 370

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

Logility

AUGUST 25, 2020

A quick scan of the Internet will yield a long list of “the biggest-ever supply chain disasters”. in inventory write-down and 20% drop in stock value. Would access to better supply chain and IT performance information have helped avert or mitigate these failures? Supply chain cost per unit sold.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

The Logistics & Supply Chain Management Society

JULY 20, 2020

Whilst the COVID-19 pandemic spreads across the world, it is vital for organisations to ensure a reliable supply of products and services. Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Leadership in Supply Chain. This boosts revenues and optimises inventory.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

GlobalTranz

APRIL 25, 2016

The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Isn’t time important?

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

BlueYonder

JANUARY 21, 2021

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. These companies did not realize that profitable agility relies on a bag of capabilities, not simply “visibility.”

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Execution Optimal Sourcing Supply Chain Software 93

SCMDOJO

APRIL 29, 2024

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 98

Logistics Viewpoints

OCTOBER 26, 2023

As an engineer, former solutions architect and now CEO of a leading supply chain technology company, I have a real affinity and respect for Chief Information Officers (CIOs) and their teams, without whom successful enterprise technology deployments would be impossible. What’s more, today’s supply chains operate at lean levels.

Supply Chain Planning Software 228

Supply Chain Planning Software Real-time Visibility Supply Chain Design Software Supply Chain Planning 228

FourKites

JANUARY 7, 2021

Defining Agile Supply Chains. Agile supply chains are nimble enough to respond smoothly to sudden changes in supply and demand. Learn more about building agility with real-time transportation visibility. Why Is Agility Important for the Supply Chain?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Modeling 52

Supply Chain Shaman

MAY 1, 2023

This includes digital supply chain transformation and Enterprise Resource Planning (ERP) upgrades. The use of descriptive analytics along with agile planning techniques (what-if analysis, discrete event simulation, and network design) helped. The operating strategy defines the flows of the supply chain.

Inventory Reduction 248

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 248

Logistics Viewpoints

JUNE 26, 2023

Mars has been on a journey to transform their digital supply chain. In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supply chain transformation. Mars’s Digital Transformation Mr. Beery started by asking, “what does a digital supply chain mean for us?”

Supply Chain Planning Software 232

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 232

QAD

MARCH 9, 2023

The COVID-19 pandemic exposed vulnerabilities in supply chains around the world and the dust has never settled. Positive cases have been on a downward trend but supply chain disruption shows no sign of slowing down. How Have Global Supply Chains Changed Since the Pandemic?

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 98

Logistics Viewpoints

FEBRUARY 21, 2022

Supply chain management has been in the news. But the intricacies of supply chain management are beyond the grasp of most. One key solution used to help manage complex supply chains is supply chain planning (SCP). Supply chain planning is a complex solution.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 290

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Driving Sustainable Growth Through Supply Chain Resilience. Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Unleashed

DECEMBER 15, 2021

Days Sales of Inventory (DSI) is a key measure to help you understand how efficient your inventory management is. Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. How do you calculate Average Inventory?

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

Logistics Viewpoints

APRIL 4, 2022

A large multinational is undergoing an impressive supply chain transformation that will run through 2023. While the company has several different goals, two key focuses are improved agility and resilience, and more autonomous planning. A Complex Supply Chain. Resilience and Agility. A Transformation Journey.

Supply Chain Transformation 214

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 214

Unleashed

APRIL 6, 2022

Lean manufacturing involves 13 core principles – many more than the ‘five principles’ that are often associated with this popular manufacturing system. The lean concept originally came from manufacturing, but it has gained in popularity and is now used widely across different industries and sectors.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Inventory Management Software 98

Logistics Viewpoints

OCTOBER 26, 2021

The future of supply chain I foresee brings new risks and challenges, along with recognition that doing things the same way will no longer lead to the same success. Just as the saguaro is both nursed by and supports life in its ecosystem, it behooves supply chains to invest in their ecosystems, both suppliers and employees.

Supply Chain Design Software 251

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software Pharmaceutical 251

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Why are we doing this?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120