The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics. Artificial Intelligence AND Machine Learning.

Supply Chain Planning Software 298

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

Unleashed

AUGUST 29, 2023

How inventory management software works: Acquire inventory management software: A third-party software vendor is procured based on your business’s inventory management requirements. The purchasing manager can then create a purchase order for the required goods and send it to your supplier.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 52

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. In times of uncertainty, cash is king.

Optimal Sourcing 237

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 237

Unleashed

OCTOBER 6, 2021

Set reorder points for your most frequently purchased items As your business grows, it can be difficult to keep track of the right time and stock level at which to reorder more products. Setting reorder points for the most frequently purchased items can help significantly improve inventory efficiencies and save costs.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

o9 Solutions

JANUARY 12, 2022

a leading enterprise AI software platform provider for transforming planning and decision-making, today reported a 400%+ increase in year-over-year growth in annual recurring revenue (ARR) from new customers during Q4’21. o9 is recognized by the World Economic Forum’s 2021 New Champions Awards for Excellence in Innovation. DALLAS, Jan.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Forecasting Software Procurement Analytics 52

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Procurement is a business function that has undergone a lot of change in the last few years. Subscribe Here! Email Address. She chose the hybrid route.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

DELMIA Quintiq

NOVEMBER 11, 2020

People purchasing the items can feel more confident about food freshness and not worry about checking date stamps. Makers of the products may discover that they stay safe to eat a lot longer than previously thought, thereby making them more attractive to purchase. A Rise in Demand for Functional Foods and Beverages.

Manufacturing Procurement 334

Manufacturing Procurement Food Manufacturing Eliminating Excel in Purchasing 334

QAD

NOVEMBER 10, 2022

It has most definitely impacted how people buy products of all types and in all industries. For example, manufacturers have had to alter business models to be able to accommodate the change in consumer behavior. 84% of consumers have purchased a sustainable product in the past six months, which is up from 67% in 2021.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

BlueYonder

NOVEMBER 20, 2023

Blue Yonder was named a Leader in this inaugural report and the leader in the Better Functionality quadrant based on an evaluation of our Blue Yonder Warehouse Management solution. Blue Yonder’s WMS , a SaaS solution, empowers businesses to deliver consistently high service at a value-driven cost.

Supply Chain Planning Software 125

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Analytics Software 125

Unleashed

NOVEMBER 26, 2020

How to calculate Safety Stock levels in Excel. You can calculate safety stock levels in Excel by setting up your spreadsheet as per the image below. The safety stock formula can be calculated in Excel with a simple table. Column E is the average number of days it takes to receive goods of that type once you place a new order.

Examples 98

Examples Manufacturing Procurement How To Eliminating Excel in Purchasing 98

Unleashed

MARCH 7, 2022

This is especially important in those industries dealing with perishable goods, and PAR levels are particularly useful for the food & beverage, hospitality, healthcare, and pharmaceutical industries. In a restaurant, for example, preventing food spoilage is an important way to cut costs and to boost profitability. Learn more.

Inventory Management Software 98

Inventory Management Software Inventory Reduction Inventory Management Examples 98

Supply Chain Matters

JULY 5, 2022

Starboard Founder and President , Steve Johanson will lead a newly formed Center of Excellence within Logility. The outlined overall integration of both company’s technology is very aggressive with bi-directional data modeling of supply chain network design and planning anticipated in a period described as 3-4 months. Added Highlights.

Network Design Software 52

Network Design Software Procurement Solutions Supply Chain Design Software Modeling 52

ThroughPut

JUNE 19, 2024

How much should you produce or purchase at a time? This question plagues decision-makers in the Food & Beverages (F&B) industry. Inaccurate predictions, especially for seasonal and short-lifecycle products, can severely impact operations. Demand fluctuations and narrow profit margins further complicate matters.

Supply and Demand 52

Supply and Demand Predictive Analytics Software Demand Planning Software Supply Chain Planning Software 52

Supply Chain Shaman

JUNE 21, 2023

Almost two decades of reporting. For example, Monster Beverages beats Coca-Cola and PepsiCo, while Celanese outperforms Dow Chemical. Demand latency is the time cycle to translate a channel purchase to an order.) The analysis is now in its ninetieth year. But does it help the profession?

Gartner 364

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 364

Enterra Insights

APRIL 13, 2022

Brand loyalty was tossed out the window as desperate consumers made product availability and price their motivating purchase factors. Journalist Steve Ellwanger ( @steveellwanger ) reports, “When it comes to choosing grocery products, attributes are bigger motivators of consumer choices than brand names. Empowering and engaging?”

Price Reduction 130

Price Reduction Waste Reduction Cost Reduction Strategies Purchasing Skills 130

Logility

MARCH 30, 2020

For the first time in history, shelves of stores across the globe that sell food, beverage and other fast-moving consumer goods (including toilet paper, hand sanitizer and cleaning products) are nearly empty. Looking back a few months, no one could have predicted the current state of the global supply chain.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Disruption 130

o9 Solutions

MAY 26, 2021

There is a realization that to run an exceptional supply chain, it takes a commitment to leverage data and advanced analytics to make smart, fact-based decisions, while continuously evolving product offerings, supply chain strategies, and execution capabilities. Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

There is a realization that to run an exceptional supply chain, it takes a commitment to leverage data and advanced analytics to make smart, fact-based decisions, while continuously evolving product offerings, supply chain strategies, and execution capabilities. Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

AIMMS

JULY 9, 2015

A recent report by the ACE European Group identifies supply chains as of the biggest sources of concern for European businesses today. On the other hand, there is a rising need for smarter and more flexible tools as well as more staff with analytical capabilities. Is analytics playing a role in innovation?

Supply Chain Planning Software 120

Supply Chain Planning Software Demand Planning Software Optimization Software Analytics Software 120

Unleashed

AUGUST 11, 2020

Digitising processes provides transparency of these operational processes and will deliver reliable data, allowing manufacturers to make more effective business decisions to maximise productivity and drive operational excellence. Unleashed Software’s Business Intelligence tools are a case in point.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

ThroughPut

APRIL 13, 2021

Industries like food, beverage, and other related processing face some unique production issues. With these challenges limiting productivity, revenue becomes a challenge for Food & Beverage businesses. Let us understand capacity planning in the context of the Food & Beverage industry. Types of capacity planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Capacity Food 52

ThroughPut

APRIL 13, 2021

Industries like food, beverage, and other related processing face some unique production issues. With these challenges limiting productivity, revenue becomes a challenge for Food & Beverage businesses. Let us understand capacity planning in the context of the Food & Beverage industry. Types of capacity planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Capacity Food 52

Shipchain

OCTOBER 25, 2019

We partnered with GTX Corp, ParceLive, and a few others that will be announced soon, began working on case studies, aired our first webinar with major industry executives, graduated from the Plug and Play Spring 2019 Food and Beverage Accelerator Program, joined forces with the World Economic Forum to build the Blockchain Toolkit, and a lot more.

Las Vegas 48

Las Vegas Logistics Network Optimization Software Procurement Analytics Supply Chain Planning Software 48

RFgen

JUNE 8, 2023

After all, if products are not properly traced, accounted for, and utilized, there are far-reaching effects across the product life cycle, from procurement to delivery. Proper inventory management involves a holistic view of all products with the goal of ensuring a smooth supply chain operation and minimizing costs. That’s a problem.

Inventory Management Software 56

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 56

Unleashed

MAY 19, 2020

Don’t purchase any supply chain solution that is not Cloud or SaaS based. That means you can buy it as a remote online service (SaaS) paying typically by user per month, or buy and install the software on the cloud. Either way, you avoid the headaches, risks and costs of running your own hardware in-house.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

Alloy

MARCH 18, 2021

McLane Company is an important customer for many food and beverage brands, who use its supply chain services to get their products to grocery, drug and convenience stores. There may be some fees associated with it, but more problematic is that the reports come in a few different formats and files. Purchase Orders.

Inventory Reduction 52

Inventory Reduction Alloy Inventory Data 52

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. It is becoming more common for food & beverage companies, for instance, to collect, clean and reuse boxes, bottles and barrels.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

6 River Systems

JUNE 29, 2020

Building supply chain resilience isn’t a new goal, but it’s become a primary focus for supply chain leaders in the wake of the pandemic crisis, particularly in the hardest-hit industries, such as food and beverage. ” — Michael Varney and Wil G.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Supply Chain Shaman

MARCH 15, 2016

Sadly, I find each to have a limited view of supply chain analytics. Process industry leaders–chemical, consumer packaged goods, food/beverage–have greater issues using data, with software usability, and building effective connections to align and build effective relationships with trading partners. The solution failed.

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

Supply Chain Shaman

JUNE 6, 2015

I was an avid student of supply chain excellence; and in this role, I watched as best-of-breed solution after best-of-breed solution replaced with more complicated technology. Today, 32% of companies have source, make and deliver reporting to the same organization, and the gaps in alignment between operations and commercial teams are large.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

6 River Systems

FEBRUARY 3, 2020

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics Advanced and predictive analytics are deployed in real- or near-real time.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 59

ThroughPut

MARCH 28, 2024

The market size of AI in the food industry , including the beverages sector is set to cross USD 9.68 As per a recent study, AI can help reduce production costs by almost 20% in the agriculture sector! Food Production AI tools can drive advanced predictive analytics with precision forecasting for weather and crop yield predictions.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Kinaxis

SEPTEMBER 8, 2014

I was on a call last week with a large company in the food and beverage space that has spent $100s of millions, and many years, on an ERP deployment. They have piloted the process in Excel and know that they need an enterprise level solution for a global roll-out of S&OP. However, excellence in corporate planning matters.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Modeling Software 261

Supply Chain Movement

NOVEMBER 24, 2015

16 | Profile Ivanka Janssen, Director Global Sales Operational Excellence, Diageo. Two years ago Diageo, the global leader in beverage alcohol with iconic brands including Johnnie Walker, Smirnoff and Guinness, embarked on a Route to Consumer programme. The aim is to grow in an even more sustainable and profitable way.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 60

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 the CSR score too is more of a popularity contest than a consistent metric. At the end of the slideshow, you’ll also find links to our analyses of previous years’ rankings. Media Type.

Gartner 81

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

Unleashed

FEBRUARY 4, 2024

7 basic steps in retail inventory management The 7 basic steps in retail inventory management are: Planning Ordering Receiving Storing Selling Reporting Replenishment Let’s break these down. Plan Retail inventory management begins with planning the type and variety of products to buy (and their respective quantities).

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 52

RFgen

MARCH 12, 2024

How to Track Your Inventory Anytime, All the Time GET THE GUIDE » The Financial Transparency of FIFO Since FIFO aligns inventory operations with financial reporting, inventory valuation transparency increases. This is because the newer inventory is purchased at a higher inflationary value. Automation software can simplify the process.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Inventory Management Material Savings 78