Logistics Viewpoints

FEBRUARY 16, 2021

And the impact doesn’t stop there, since trade-off decisions will be required to answer questions like which customer is most important to satisfy with the limited bolts in inventory and if production capacity should be reallocated. And then decisions on these questions will in turn affect other customers in your rattled supply chain.

Supply Chain Visibility 317

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 317

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

Logistics Viewpoints

JULY 10, 2024

Supply chain resilience refers to planning for things that could go wrong and then creating inventory buffers or contingency plans. SCP solutions provide a solid ROI based on hitting targeted service levels with less raw material, work-in-process, or finished goods inventory. Supply planning engines “optimize” the schedule.

Supply Chain Planning Software 300

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 300

ToolsGroup

MARCH 1, 2018

By using data to stock items with higher forecasted demand, they can reallocate cash that would normally be tied up in poorly performing inventory, avoid margin erosion from markdowns and dead stock, and increase overall on-shelf availability metrics. Engineer Profit.

Inventory Reduction 189

Inventory Reduction Retail Inventory Supply Chain Planning Software 189

Supply Chain Shaman

MARCH 21, 2024

We explore the concept of holistic inventory strategies focused on the form and function of inventory. In the process, we learn that only 15-20% of inventories are safety stock and that the current APS frameworks do not enable a holistic analysis of the form and function of inventory. Lack of aligned metrics.

Inventory Reduction 402

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 402

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. He felt that inventory was no problem, he would just cut it at the end of each quarter to make the balance sheet goals. The So What?

Agile and Lean Supply Chain 296

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 296

RFgen

DECEMBER 19, 2024

These systems should complement existing processes, allowing incremental capacity expansion without disrupting current operations. Material Flow: Optimize material flow patterns to accommodate increased volume without creating bottlenecks or excessive inventory. Track machine runtime to understand and optimize utilization rates.

Material Savings 82

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 82

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Shaman

JANUARY 8, 2024

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. The supply chain has two important buffers–inventory and capacity.

Supply Chain Design Software 243

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 243

SCMDOJO

OCTOBER 28, 2024

Influence Sourcing Decisions Informed Supplier Selection: S&OP provides procurement teams with a comprehensive view of future demand, enabling them to select suppliers with the capacity and capabilities to meet anticipated requirements. Keep Reading to unlock a 50% discount code!

S&OP 97

S&OP Optimal Sourcing Supply and Demand Material Savings 97

DELMIA Quintiq

AUGUST 13, 2014

Not because he lacks vision, but because he has been focusing on the wrong performance metrics for too long. His first realization is that in order to improve the plants performance, he needs new relevant metrics and KPIs. We hold several KPI sessions to drill down to precisely what the customer is trying to achieve.

Scenario Planning 214

Scenario Planning Supply Chain Planning Software Predictive Analytics Software Expense Reduction 214

RFgen

JANUARY 16, 2025

That’s where manufacturing inventory management software comes in. In this ultimate guide, we’ll break down everything you need to know about manufacturing inventory management software. Its your single source of truth for inventory, constantly updated and readily available.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Supply Chain Planning Software Optimization Software 52

ToolsGroup

MARCH 18, 2019

They also cut inventory levels, grew sales and resolved capacity issues. Establish joint responsibility for inventory to reduce the risk of obsolescence. Mohawk continues to fine-tune its S&OP process to optimize inventory in the planning system. Their S&OP program, however, was only the beginning.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 228

RFgen

DECEMBER 19, 2024

By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game. Essential technology solutions, including Warehouse Management Systems (WMS), Inventory Management Systems (IMS), and the transformative power of IoT and automation.

Optimal Sourcing 95

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 95

GlobalTranz

SEPTEMBER 23, 2021

Capacity Constraints Continue to Arise. Capacity constraints continue to come under microscope as shippers look for a better understanding to the state of the market. Top causes of capacity constraints include: . Capacity constraints within truckload and parcel have led to spillover within the LTL market.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logistics Viewpoints

DECEMBER 14, 2021

Inventory Optimization. Inventory Optimization involves decisions about the inventory level, the location, and the mix of products. And after that, I have to decide how much avocado inventory I have to hold, so I never have stock-outs or excess waste. How much capacity do I require?

Supply Chain Planning Software 265

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 265

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. The metrics that underpin MRP could be described as the balls in this juggling act. This article takes an in-depth look at the crucial metrics every supply chain professional needs to know.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 98

Unleashed

MARCH 9, 2021

This is often managed with the help of supplier management software or inventory management software. That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play. Procurement metrics and KPIs allow organisations to measure results and guide best practice performance. Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Supply Chain Shaman

OCTOBER 1, 2013

Their goal was to visualize excess capacity and make it available to enable their sales teams to offer upstream opportunities to their clients. As I write my new book, Metrics That Matter, I am studying the patterns of corporate performance based on choices in supply chain program execution. It cannot be about singular metrics.

Illinois 253

Illinois Waste Reduction S&OP Supply Chain Planning Software 253

Logistics Viewpoints

JULY 22, 2021

nodes), flows of the products between origin-destination pairs, and policies (inventory, replenishment, asset utilization etc) with no clear accountability on how the recommendations make their way into planning and execution. Strategic placement of inventory buffers to ensure sufficient ability to absorb shocks.

S&OP 271

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 271

Logility

JULY 30, 2024

This level of performance requires precise balancing of capacity and working capital to meet a defined level of customer service. These changes are phased into execution by synchronizing data from changes in demand, inventory, and supply planning systems. That’s where continuous network optimization comes into the picture.

Network Optimization Software 198

Network Optimization Software Network Optimization Modeling Supply Chain Network Software 198

Logistics Viewpoints

APRIL 26, 2021

To support this level of responsiveness Pure Storage has more than 200 depots around the world that carry field service inventory. And when it looked like a lock down might be imminent, they rushed even more inventory in. This gives Pure real-time visibility to core performance metrics. Over time that number undoubtedly went up.

Supply Chain Design Software 267

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Czech Republic 267

QAD

JULY 1, 2021

Total manufacturing costs showcase how much your company spent to produce its inventory in a given period of time. This is not to be confused with the cost of goods manufactured (COGM), which refers to just the cost of inventory that was finished and prepared for the sale in the period. Notice that it’s direct materials.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 98

Logistics Viewpoints

MARCH 9, 2023

CPG companies that utilize an autonomous supply chain technology see a reduction in their inventory and cost and an increase in revenue. The classical approach involves functional silos, sequential decisions, and Excel and people to render a plan executable. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 268

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 268

Logistics Viewpoints

JANUARY 23, 2024

The company can connect all aspects of the execution process, including labor cost and capacity, warehouse capacity, and shipping, and then integrating all of this data into their data cloud platform for a holistic view of OMS, TMS, and WMS. The end result is driving better decisions for the retail customer.

Supply Chain Planning Software 280

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 280

Logility

JULY 30, 2024

This level of performance requires precise balancing of capacity and working capital to meet a defined level of customer service. These changes are phased into execution by synchronizing data from changes in demand, inventory, and supply planning systems. That’s where continuous network optimization comes into the picture.

Network Optimization Software 183

Network Optimization Software Network Optimization Modeling Supply Chain Network Software 183

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

Sales, Inventory, Operations Plan (SIOP) is a process within many successful supply chain organizations that recognizes the integral relationship between all departments in the company, but how do you piece together an SIOP process? SIOP stands for “Sales, Inventory, Operations Plan”, not to be confused with “S&OP”.

Supply and Demand 246

Supply and Demand Inventory Reduction Supply Chain Planning Software Supply Chain Planning 246

Supply Chain Shaman

OCTOBER 8, 2019

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. The organization, tightly capacity-constrained failed to forecast and build capacity ahead of market demand. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service.

Supply Chain Design Software 189

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

GlobalTranz

OCTOBER 6, 2021

With demand for drivers often exceeding availability, shippers find themselves forced to pay more to secure capacity and drivers across many industries. Leveraging a 3PL’s relationships, people, processes and technology helps businesses balance supply and demand volatility and secure reliable and consistent capacity.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

The Logistics of Logistics

JUNE 23, 2022

In addition, retailers are struggling to move inventory initially ordered in the first quarter of 2022 to make way for back-to-school and holiday merchandise. Yes, all parties have metrics and KPIs that help them know when to switch carriers or where to throttle ordering, but that’s not acceptable to customers.

Supply Chain Planning Software 293

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 293

Logistics Viewpoints

OCTOBER 26, 2021

Ford Motor is investing in domestic battery production and Unilever’s Partner with Purpose program seeks to extend their ecosystem even by building capacity in suppliers in emerging markets. The decreased appetite for supply chain risk and hunger for greater supply chain resiliency mean inventory strategies must adapt to new ways.

Supply Chain Design Software 288

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software Pharmaceutical 288

Supply Chain Shaman

MAY 1, 2023

The techniques to improve agility are improving data transparency/insights, use of attribute-based planning, design of push-pull decoupling points, pooling of inventory, and configure-to-order/make-to-order manufacturing. Inventory as Waste. Manage inventory as a liability. Inventory as a Buffer. Frustration.

Inventory Reduction 245

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 245

Logistics Viewpoints

FEBRUARY 21, 2022

The primary payback for demand and supply solutions comes in the form of reducing the amount of raw material, work-in-process, and finished goods inventory a company needs to carry. The key solutions are demand forecasting/inventory optimization, supply planning, and network design. This would be a three-way tradeoff.

Supply Chain Planning Software 307

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 307

Kinaxis

FEBRUARY 1, 2018

IBP helps achieve key performance indicators (KPIs) like sales, customer satisfaction, inventory level and other metrics outlined in the strategic plan. That in turn results in inventory issues, forecast inaccuracies and reduced profits, leading to falling stock prices and reduced shareholder value.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Supply and Demand Scenario Planning 150

Kinaxis

SEPTEMBER 17, 2014

So a scheduler at one plant has no visibility as to the inventory position, capacity or material supplies at another plant. In our drop in situation, you could have sufficient inventory at a different site but never know it because you can’t see it. But visibility goes beyond the raw data.

Supply Chain Planning Software 263

Supply Chain Planning Software Supply Chain Design Software Supply Chain Visibility Modeling 263

Logistics Viewpoints

AUGUST 7, 2023

94% of US and Canadian healthcare systems use Cardinal Health in one capacity or another. Companies typically expect that inventory levels will drop and service levels improve at the end of the first month. Inventory decreased almost exactly as RapidResponse predicted it would. This was a bold and risky move.

Supply Chain Planning Software 241

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 241

ToolsGroup

JANUARY 30, 2024

Optimize inventory productivity across all channels with JustEnough v2023.4 we have advanced our wholesale planning capabilities so that users can explicitly address key planning functions needed to fully optimize inventory productivity. Wholesale channels are no longer a backup channel for retailers. In our latest release, JE 2023.4,

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 156