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Zhongron supplies aluminum alloy wheel hubs to another company, Citic Dicastal Wheel Manufacturing Co., This is by no means an easy task, especially for companies like GM with complex, global supplychains. Companies are also making similar efforts to eliminate slave labor from their supplychains.
Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. While we will recover quickly in retail (moving from painful shortages to a glut of inventory), the chemical industry–sitting four and five layers back in the supplychain–takes longer to recover. Time For Action.
Today marks a very important step forward toward Alloy’s vision as we announce the release of our Connected Planning & Execution platform. We started Alloy six years ago to help consumer goods brands more quickly and efficiently respond to ever-changing consumer demand. At the time, supplychains were often afterthoughts.
In this Q&A with Brian Babbitt , Head of Solutions Consulting at Alloy, we discuss options for consumer goods manufacturers evaluating supplychain management solutions. RSi was acquired by IRI in October 2020 in hopes of helping customers actually optimize their supplychain. What led you to Alloy?
Many pundits insist that anyone who believes the global supplychain is going to return to normal is suffering from this form of insanity. ”[1] Noted supplychain expert Lora Cecere ( @lcecere ), founder of SupplyChain Insights, put it another way. .”[1] … What can we learn? ”[2].
Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. While we will recover quickly in retail (moving from painful shortages to a glut of inventory), the chemical industry–sitting four and five layers back in the supplychain–takes longer to recover. Time For Action.
Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. While we will recover quickly in retail (moving from painful shortages to a glut of inventory), the chemical industry–sitting four and five layers back in the supplychain–takes longer to recover. Time For Action.
Industrial IoT and big data are converging to enable demand-driven 'smart supplychains.' The advancements in 3D printing and 'Additive Manufacturing,' coupled with supplychain efficiencies, could make distributed manufacturing a reality, ushering in the era of smart manufacturing.
Advanced composites, such as carbon fiber-reinforced polymers, and high-strength alloys, like titanium and aluminum, are commonly used due to their lightweight properties and high tensile strength. Just-in-time (JIT) manufacturing practices are often employed to minimize inventory costs and reduce lead times.
In North America, they operate two distinct supplychains for that: one to retailers (such as Walmart, O’ Reilly Auto Parts and AutoZone) and another to installers (including Valvoline Instant Oil Change centers and other oil-change shops). Before Alloy: Partial visibility hampered growth . Read below for some highlights.
Get full visibility with SAP and Alloy together Problems like stockouts and excess inventory continue to present a major challenge for every brand selling into retail. Today we’re excited to announce that our Alloy Intelligence application is now available on SAP® Store, the online marketplace for SAP and partner offerings.
“This award is particularly meaningful because it’s based on feedback from our customers,” says Joel Beal, Co-Founder and CEO of Alloy, “We’re committed to helping consumer brands use data to quickly adjust to the supplychain problems and the volatile shifts in consumer demand that have become all too common today.
To say that the global supplychain isn’t going easy on consumer goods brands might be something of an understatement. In today’s supply-constrained environment, making sure your products are on the shelf when and where consumers want them is even more critical. . Glenn Lawse, VP of SupplyChain @ Ferrero USA.
We invited all our users to provide their feedback on Alloy, and received 45 responses over two weeks. Feedback came from both new customers, who had just started using Alloy, as well as customers who have happily been on Alloy’s platform a year or more. In addition, we received responses from a variety of titles?
If you’re a supplychain geek, you probably already follow SupplyChain Now , the go-to podcast for all things supplychain. (In In fact, you may have caught Alloy on a previous episode.). Hosts (and supplychain experts in their own right) Greg White and Scott W.
How do you identify and quickly respond to out-of-stocks and phantom inventory? There are new tools and practices you can use to give your sales, supplychain and marketing teams actionable, real-time insights into consumer behavior on the shelf, so you can quickly align to actual consumer demand. But you’re not flying blind.
Selected by the CGT community of consumer goods executives, Alloy was recognized as a top 10 vendor for both the Artificial Intelligence and SupplyChain Planning business functions. Alloy takes the latter approach, strategically using AI where it makes sense to enhance our solutions, such as demand forecasting.
These challenges are some of the reasons Youth to the People turned to Alloy. They were expanding quickly, and manual or point solutions couldn’t keep up with their need for fast, accurate, up-to-date data on store/SKU performance, nor enable them to plan marketing efforts and manage inventory in response to that information.
When orders exceed inventory available in your warehouses, you’re faced with tricky allocation decisions to maximize sales and keep customers happy. When demand spikes, it’s particularly important to send your inventory to locations with the greatest sales velocity. Prioritize orders that will mitigate the most lost sales.
McLane Company is an important customer for many food and beverage brands, who use its supplychain services to get their products to grocery, drug and convenience stores. At Alloy, we’ve worked with several suppliers who rely on McLane to distribute its everyday products to key retailers. Division inventories and movements.
Note: in this article, we’ll be referring to your forecasts as forecasts and your retailers’ forecasts as supply plans. With supplychain headaches and inflation driving down brand loyalty, it’s more important than ever to make sure your retailers are effectively allocating your inventory.
We welcomed members and guests to our San Francisco office in November to discuss “Implementing a Shared SupplyChain Control Tower.” For example, consider a manufacturer that’s looking to reduce working capital and decides to decrease its working inventory. beyond what any one party can achieve on their own.
“This award is particularly meaningful because it’s based on feedback from our customers,” says Joel Beal, Co-Founder and CEO of Alloy, “We’re committed to helping consumer brands use data to quickly adjust to the supplychain problems and the volatile shifts in consumer demand that have become all too common today.
There is not a single day without the metals industry making the headlines: from targeted cyberattacks to price volatility to the semiconductor crisis impacting the automotive industry and consequently swinging supply and demand for metal manufacturers. The supplychain planning function is at the heart of these challenges.
The supplychain planning function is at the heart of these challenges. For example, planners and supplychain managers must ensure the continuity of operations while also optimizing profitability and sustainability. Typical business challenges supplychain leaders in the metal industry want to solve with digitization.
Top 5 takeaways from the 2019 Gartner SupplyChain Conference A few weeks ago, many members of Alloy’s team were in Phoenix attending the Gartner SupplyChain Executive Conference and hosting attendees at our annual conference dinner. days of learning, networking, and getting the latest scoop on supplychain tech.
First, it was the unprecedented pandemic of 2020; now the supply-constrained present. CFOs are being forced to navigate inflation, rising supply costs, logistics challenges, and wild shifts in consumer demand. These forces are converging to create a supply-constrained landscape for almost every consumer goods brand.
Gautam is a Software Engineer at Alloy. Why did you join Alloy? I joined Alloy because it has a good mix of challenging technical problems, a hard-working team, and a great culture. When I first started at Alloy in the beginning of 2018, I joined as an intern. What do you do at Alloy?
Part 1 of this series highlighted four of the most important retailer data points that suppliers need to maintain an efficient supplychain and maximize sales opportunities: Unit Sales (Net), Dollar Sales (Net), Price, and Retailer COGS. It’s calculated by dividing Retailer COGS by the average inventory on hand during the period.
The candy and snacks category is probably the most challenging category in the supplychain, perhaps second only to floral. Calculating a shipment recommendation (how much to ship to prevent out-of-stocks) requires an understanding of these variables: Current in-channel inventory. Inventory available to ship. Lead times.
Brands don’t need to hold the inventory, may not need to arrange transportation and don’t need to forecast for that subset of products. Since intermediaries are eliminated, so are many costs associated with complex supplychains. To a brand, the direct import SKUs often present similarly to phantom inventory.
Inventory stock reduction. AM can reduce inventory, eliminating the need to hold surplus inventory stock and associated carrying costs. With additive manufacturing, components are printed on demand, meaning there is no over-production, no unsold finished goods, and a reduction in inventory stock. Legacy parts.
Michael Hutzli is an engineering team lead in Alloy’s Vancouver office. Before joining Alloy a bit over three years ago, he worked as a software engineer at Addepar in Mountain View and at AdNovum in Zurich, Switzerland. Why did you join Alloy? There were a few different factors that came together in my decision to join Alloy.
In addition, we received responses from a variety of titles – CXOs to managers and individual contributors – and functional areas, with the largest groups in Sales, Sales Ops and SupplyChain. Alloy’s daily, store/SKU-level sales and inventory data, in an easy-to-use format, greatly expanded the possibilities for insights.
Demand planning is a process just about every consumer goods company performs to keep their supplychain operation running smoothly. This necessary function can take on many forms, require numerous contributors from different departments, and be a key driver for the success of teams outside of the supplychain like sales and marketing.
Alloy’s CEO & co-founder Joel Beal joins us to discuss the power of retail/inventory analytics and AI, connecting tech with the supplychain, Alloy’s recent $15M venture capital bid, and hear his advice for students and aspiring entrepreneurs! Subscribe now on. Spotify. , Subscribe now on. Spotify. ,
SNEAK PEAK: Listen in to a brief preview of this coming Monday's episode of Consulting Logistics when Alloy’s CEO & Founder Joel Beal joins us to discuss the power of retail/inventory analytics and AI, connecting tech with the supplychain, Alloy’s recent $15M venture capital bid, and hear his advice for students and aspiring entrepreneurs!
We’ve talked a lot about the importance of using data from your retailers, including point-of-sale , inventory, and forecasts , to grow market share and optimize inventory levels. The sales and inventory data is typically used to analyze downstream supplychain dynamics such as sales patterns, stock movement, and returns.
Using inventory numbers as well as data collected from POS transactions, “Askuity aims to be the single source of data-driven insights for every store, every product, and every consumer,” per its website ? This data sharing improves collaboration, execution, and decision-making along the retail supplychain.
We’re thrilled to be starting off the year at Alloy on an exciting note by announcing the release of our new intelligent demand forecasting capability. Announcing Intelligent Demand Forecasting was originally published in Alloy on Medium, where people are continuing the conversation by highlighting and responding to this story.
monitoring what happens to product after it leaves your warehouse is integral to maintaining an efficient supplychain and maximizing sales opportunities. Ideally, you want to collect and analyze this data at the store level to gain insight into geographic preferences and allocate inventory accordingly.
Check out The Digital SupplyChain (SC 4.0) The digital transformation of supplychain management, more specifically procurement and sourcing functions, is becoming a part of the new normal in business. Change management will be an increasing focus in the digitalization of the global supplychain.
You can rally colleagues across sales, marketing, supplychain planning and finance around them, and more easily break down silos that normally get in the way. . Take advantage of all relevant data to help get inventory pre-loaded in the right amounts at the right places before events that drive most of your sales. .
Last month, Tile CEO and Alloy Board Member CJ Prober led an Alloy Executive Roundtable discussion on managing supply and demand in today’s retail landscape. As a result, GoPro built up inventory for the holiday season, but the sell-through was underwhelming and much of that product sat in warehouses into the end of Q4. “We
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