Supply Chain Shaman

FEBRUARY 1, 2024

Rolling up a perpetual inventory signal takes eleven hours. The company was working on improving real-time ATP without consideration of the data synchronization issues. In my last blog post, I shared insights on data synchronization between brand owners and contract manufacturing. days to get a perpetual inventory signal and 2.2

Supply Chain Planning Software 345

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 345

Supply Chain Shaman

SEPTEMBER 13, 2023

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? The issues are largely rooted in politics and the lack of clarity on supply chain excellence. Or planned orders to purchase orders?) And how do we measure it? (Is I don’t know.

Supply and Demand 388

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 388

ThroughPut

JUNE 16, 2024

Retailers often need help with inefficiencies, stockouts, and overstocking due to a lack of real-time data and insights into their inventory processes. What are the Challenges of Inventory Delivery Management in Retail? However, achieving this requires robust inventory management systems and technologies.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Supply Chain Software 52

Supply Chain Shaman

MAY 26, 2023

Like Linus clinging to his blanket, supply chain teams make most of their decisions on Excel spreadsheets. Isn’t it ironic that a relational database is poor for mining data about multi-tier relationships? Demand latency (the time from purchase by the customer to order visibility by the manufacturer) is weeks and months.

Optimal Sourcing 345

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 345

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. The question is, “Why?

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

Supply Chain Shaman

NOVEMBER 28, 2016

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. Inventory Turns. Not many companies have cracked this code.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down.

Forecasting 213

Forecasting Forecasting Software Modeling Optimal Sourcing 213

Supply Chain Shaman

JANUARY 31, 2022

Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. Over the past two decades, organizations have become more insular and less willing or able to share meaningful data. Lucas had a team that dictated sourcing based on excel spreadsheet analysis to reduce cost and improve tax efficiency.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Supply Chain Shaman

APRIL 16, 2024

Can we build collaborative platforms for role-based discussions across commercial (sales and marketing) and operations (manufacturing, logistics, and purchasing) teams? Focus on improving operating margin, inventory turns, and revenue/employee simultaneously. in inventory value. The goal of the balanced scorecard?

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Modeling 221

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. This can include examining everything from inventory management and order fulfilment to warehousing, delivery, and customer service. Optimizing inventory can also be achieved by leveraging technology and data analytics.

Inventory Reduction 119

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 119

Supply Chain Shaman

JUNE 14, 2014

In Figure 1, I share a composite orbit chart of progress of Cisco Systems, Intel, Samsung and Flextronics on the Effective Frontier at the intersection of inventory turns and operating margin for 2006-2012. However, no company in this chart is on a linear path towards improving both margin and inventory turns. What can we learn?

Optimal Sourcing 286

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 286

Supply Chain Shaman

OCTOBER 29, 2014

The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. Instead, he wants to drive supply chain excellence and build the metrics that matter. The book is a story. We hope to see you there!

Supply Chain Planning Software 313

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 313

SCMDOJO

NOVEMBER 24, 2023

The WMS proves to be a great tool for managing the entire activities of a warehouse, effortlessly handling tasks ranging from inventory management, replenishments, receiving, put-away, picking, packing, and shipping, to tracking the logistics system. You can get a clear picture of the invoicing data, packing size, space availability, etc.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Inventory Management Software Optimization Software 96

Supply Chain Shaman

FEBRUARY 16, 2024

Build customer narratives by mining disparate data and translating it into insights. Or mine supplier shifts to build alternate buying plans. What if we could continually sense and drive role-based insights within the organization? All are possible… However, to make the shift, we need to redefine work. Test and Learn.

Supply Chain Planning Software 390

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 390

Unleashed

DECEMBER 6, 2021

With inventory management and other software features built for the wholesale environment, you’ll be able to work towards success in a number of ways: improved profit margins by holding a lean inventory, optimising inefficiencies to cut labour costs, better strategic decision making through data… the list goes on.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

SCMDOJO

APRIL 4, 2023

Importance of Supply Chain Analytics Five Types of Supply Chain Analytics Benefits of Supply Chain Analytics Challenges in Implementing Supply Chain Analytics Supply Chain Analytics System Architecture Role of Big Data What is Supply Chain Analytics? What are some examples of Supply Chain Analytics?

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

AIMMS

OCTOBER 22, 2019

We spoke with David Mackenzie , Transformation & Inventory Director at BT, to learn more about this shift and the role AIMMS has played in enabling it. The other part of my role is supporting the inventory management functions within BT Group, driving decision-making around what we buy, when we buy, and where from.

Supply Chain Design Software 240

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software AIMMS 240

Supply Chain Shaman

JUNE 16, 2014

Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Instead, I would look at network flows, the form and function of inventory, cost-to-serve analysis, and the determination of the supplier network.

Supply Chain Design Software 287

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 287

Enterra Insights

JUNE 24, 2022

Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.”

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

Locus Robotics

MARCH 9, 2023

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. RPA is an excellent tool for automating laborious processes currently executed manually.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Shaman

APRIL 15, 2015

Buying these solutions is far more complicated than is represented in a simple four-box quadrant. This week, I am finishing two reports: Sales and Operations Planning, and Inventory Optimization. In the absence of data, marketing perception wins. .” Here are the links to the studies: Inventory Management.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150

Supply Chain Shaman

JANUARY 18, 2016

Customers are buying less. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The data sets are larger and more complex. Disintermediation.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

Arkieva

JUNE 21, 2016

Our definition of Sales Inventory and Operations Planning (SiOP) at Solventure contains the following steps: Customer-product segmentation. They create excess inventory which is consuming cash and sometimes scarce capacity. Demand Planning is still a big struggle in many, even mature companies. Getting to grips with clean data.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Planning 97

NC State SCRC

AUGUST 31, 2024

Most of the activity that occurs behind the scenes at all stages of the supply chain involves human activity, processing transactions on screens and Excel sheets. Useful for predictable tasks like inventory management and supplier selection, where consistent outcomes based on fixed criteria are essential.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Predictive Analytics Software Supply Chain Software 52

Enterra Insights

MARCH 9, 2021

are: The Industrial Internet of Things (IIoT), big data, cloud computing, advanced robotics, additive manufacturing, and augmented reality. ”[3] He lists a number of ways data can help manufacturers in their digital transformation efforts. ” Among the technologies he believes are driving Industry 4.0 ” 3.

Supply Chain Planning Software 130

Supply Chain Planning Software Industrial Industry Supply Chain Design Software 130

RFgen

JANUARY 21, 2016

Innovative inventory techniques go from abstract to concrete in 2016. Here are a few inventory management practices that could make or break a company in 2016: Omnichannel Branches Out. This affects warehouse management because inventory employees must prep orders pouring in from numerous sales channels.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52

RFgen

JANUARY 21, 2016

Innovative inventory techniques go from abstract to concrete in 2016. Here are a few inventory management practices that could make or break a company in 2016: Omnichannel Branches Out. This affects warehouse management because inventory employees must prep orders pouring in from numerous sales channels.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52

ThroughPut

MAY 16, 2024

Note that supply chain optimization goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. This opens up avenues to save procurement, transportation, inventory, and warehousing costs. With supply chain optimization, inventory levels are also maintained at optimal levels.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

Enterra Insights

OCTOBER 26, 2022

billion industry that is already making big changes to the way we understand and use immense databases for a wide range of purposes. He explains, “Machine learning excels at rapidly organizing, analyzing, and making intelligent decisions and recommendations based on large quantities of data. ”[1].

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

Locus

JUNE 24, 2024

Its reputation as one of the top retail logistics software companies in the US is built on its innovative use of advanced algorithms, machine learning, and big data analytics, which optimize logistics processes and enhance real-time visibility.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Design Software Analytics Software Optimization Software 52

Locus

JUNE 20, 2024

At the core of Amazon’s supply chain is a killer combo of high-tech hubs sprinkled right next to big cities, cutting-edge robotics, AI, and a dash of machine learning magic to ensure everything, from inventory management to delivery routing, is automated for optimal performance. And then there’s their data game.

Analytics Software 52

Analytics Software Logistics Network Optimization Software Predictive Analytics Software Supply Chain Network Software 52

AIMMS

OCTOBER 22, 2019

We spoke with David Mackenzie , Transformation & Inventory Director at BT, to learn more about this shift and the role AIMMS has played in enabling it. The other part of my role is supporting the inventory management functions within BT Group, driving decision-making around what we buy, when we buy, and where from.

Supply Chain Design Software 156

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software AIMMS 156

Supply Chain Shaman

SEPTEMBER 28, 2012

Most companies have made their own organizations more efficient (ROA), but they have not reduced inventories and they have pushed costs back in the supply chain on suppliers that are less able to bear them. We have let buy- and sell-side transactional relationships erode value. I order 75% of my purchases online.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

Supply Chain Shaman

MARCH 3, 2018

Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. ” A supply chain leader from GE at another conference said, “Yesterday, we called it big data. Now it is just data. It is not sufficient to just digitize data.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

GlobalTranz

MARCH 4, 2015

We are lucky to also feature the great supply chain of Staples, who recently purchased Office Depot. Supply Chain Management Academic Program Gets Hands on Experience from Staples’ Supply Chain Excellence. Douglas Meredith Professor of Teaching Excellence and associate professor of supply chain. We hope you enjoy!

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 120

Supply Chain Insights

JUNE 30, 2017

The global big data initiative was catapulted off the flight deck and the mission of shopper reconnaissance was executed in earnest. These days, almost every manufacturer either has one or is about to pull the trigger on buying or developing one. These are aptly named Demand Signal Repositories or “DSR’s.”

Supply Chain Planning Software 110

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Predictive Analytics Software 110