ToolsGroup

JUNE 8, 2018

Source: Gartner Research. Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value.

Modeling 197

Modeling Optimal Sourcing Inventory Reduction Demand Planning Software 197

Logistics Viewpoints

APRIL 1, 2021

Building optionality in the supply chain through collaborative sourcing: Supply chain teams can proactively identify choke points within the existing network by leveraging emerging technologies such as digital twins and advanced analytics, and modeling their end-to-end supply chains.

Optimal Sourcing 294

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 294

Logistics Viewpoints

JANUARY 13, 2022

As organizations look for reducing dependencies on concentrated sources of supply, Eastern Europe, Mexico, and South Asian countries will start providing viable alternatives to the current manufacturing powerhouse countries. In the current capacity constrained environment, such technologies will become a significant competitive advantage.

Supply Chain Design Software 312

Supply Chain Design Software Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 312

Logility

JULY 4, 2018

On a recent road trip to retrieve my daughter from college I drove past a handful for chemical manufacturing plants of various types. Viewing a chemical manufacturing plant from a distance everything seems so peaceful and static. The supply chain that supports these complex facilities are also in continuous motion.

Chemicals 113

Chemicals Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization 113

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 290

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 290

Logistics Viewpoints

JUNE 30, 2022

With our supply chains clogged and retail inventories piling up, we have a situation wherein the huge imbalances between demand and supply at the product mix level can have an adverse impact on product availability for B2B and B2C companies alike, especially as we start heading to the holiday season. Not really. in October 2021. A ratio of 1.5

Supply Chain Planning Software 305

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 305

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. Companies struggle to have the right inventories. The end result?

Supply Chain Planning Software 324

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 324

Logistics Viewpoints

AUGUST 15, 2022

Of the professionals surveyed, 59% saw the gap between procurement/sourcing and supply chain to be a major disconnect, and the most pressing pain point. Both procurement solutions from ERP companies like Oracle or Infor – or business spend management solutions – can help companies enforce these sourcing supplier decisions.

Supply Chain Network Software 315

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 315

Supply Chain Shaman

JULY 18, 2017

Last week, I spent time with large chemical companies engrossed in this discussion. Let’s take a look at the world of the chemical manufacturer. As shown in Figure 1, the company has been unable to maintain balance on the portfolio of cost and inventory. Acquisitions drove DOW Chemical’s wide swings.

Supply Chain Planning Software 216

Supply Chain Planning Software Chemicals Supply Chain Design Software Sourcing Strategies 216

Logility

JULY 5, 2018

On a recent road trip to retrieve my daughter from college I drove past a handful for chemical manufacturing plants of various types. Viewing a chemical manufacturing plant from a distance everything seems so peaceful and static. The supply chain that supports these complex facilities are also in continuous motion.

Chemicals 101

Chemicals Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization 101

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

The GCC chemical industry is second largest manufacturing industry in value add, after refining. 2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 Following COVID-19 the global chemical supply chain market reported a severe decline in output.

Chemicals 113

Chemicals Saudi Arabia Cost Reduction Strategies Inventory Reduction 113

Logility

NOVEMBER 13, 2020

You can be proactive and use c ausal f orecasting to leverage data you already own, model additional data sources that could help explain demand variability… or do nothing. . As such, c ausal f orecasting is much more than basing inventory positions and replenishment schedules on shipment data. Featured Download.

Forecasting 246

Forecasting Forecasting Software Supply Chain Planning Software Price Reduction 246

Supply Chain Shaman

AUGUST 7, 2019

” Or alternatively, “Is there data that could be sourced to help?” In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. inventory turns. inventory turns.

Supply Chain Design Software 258

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 258

Supply Chain Shaman

MARCH 5, 2019

While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. For example, only 29% of manufacturing companies can access total cost data and 31% struggle to see the impact of business decisions on inventory. In this blog post, I give a framework to drive discussions.

Supply Chain Design Software 337

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 337

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

Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. Refractories are products that have been chemically engineered to resist high temperatures. The sourcing centers are key to just-in-time, same-day, next-day deliveries.

Optimal Sourcing 202

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 202

Logistics Viewpoints

DECEMBER 12, 2022

They source plastic pellets and then use injection, blow molding, rotational molding, and thermoforming to produce their finished products. Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company. Typically, supply chain planning drives significant reductions in inventory.

Supply Chain Planning Software 264

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 264

Logistics Viewpoints

OCTOBER 21, 2021

The rapid shifts to eCommerce during the pandemic caused retailers and brand owners alike to flex their network nodes (where goods are made and inventories are stocked) significantly. in chemical engineering from the University of Florida and his bachelor’s degree in chemical engineering from the Indian Institute of Technology at Madras.

Supply Chain Design Software 263

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

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) Much of the inventory on the ships at sea will miss the essential seasonal windows. Build Strong Supply Chain Sourcing Development Practices. What can we learn?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) Much of the inventory on the ships at sea will miss the essential seasonal windows. Build Strong Supply Chain Sourcing Development Practices. What can we learn?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Logistics Viewpoints

AUGUST 16, 2024

The international inbound transportation service is only available to Walmart Fulfillment Services (WFS) sellers that source or manufacture goods in China, and all cargo must be shipped from Yantian, Shanghai, or Ningbo ports. according to the Walmart Marketplace website. Cargo imported into the U.S. Cargo imported into the U.S.

Logistics Network Optimization Software 305

Logistics Network Optimization Software Los Angeles Logistics Long Beach 305

Talking Logistics

MARCH 9, 2017

In a study conducted by Accenture in 2015 of chemical companies, results showed that 94 percent expect to boost their investment in digital capabilities in the next three years to embrace a competitive advantage. Historically, chemical companies buy from and sell to nearly every industry in the world, adding special demands for connectivity.

Supply Chain Network Software 154

Supply Chain Network Software Supply Chain Software Network Optimization Supply Chain Optimization 154

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. Companies struggle to have the right inventories. The end result?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 195

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. Companies struggle to have the right inventories. The end result?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 195

Supply Chain Shaman

JUNE 21, 2023

We find that the companies with the most marked improvement in a balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) are smaller and less well-known. For example, Monster Beverages beats Coca-Cola and PepsiCo, while Celanese outperforms Dow Chemical.

Gartner 420

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 420

Supply Chain Shaman

FEBRUARY 23, 2017

The composite of metrics includes growth, operating margin, inventory turns and Return on Invested Capital.) In our analysis BASF outperformed their chemical industry peers while driving improvement at a 60% level when compared to the peer group. This trend was characteristic of the chemical industry. Inventory Turns.

Agile and Lean Supply Chain 165

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 165

Logistics Viewpoints

APRIL 10, 2024

A redundant supply chain has spare or backup capacity, such as inventory, equipment, facilities, and suppliers, that can be activated or mobilized in case of disruptions. The port serves as a hub for importing and exporting a variety of goods, such as consumer products, electronics, machinery, chemicals, and food.

Baltimore 331

Baltimore Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 331

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Today, over 90% of companies have deployed ERP and APS, but as shown in Table 1, inventory levels have grown not decreased in over 80% of industries studied.

Optimal Sourcing 179

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 179

The Logistics & Supply Chain Management Society

MAY 28, 2022

With uncertainty a guarantee in the year ahead, leaders are realising the need to adopt applications that will improve visibility into demand and inventory, as well as tools that can help them model and simulate “what if?” Risk planning and technology utilisation. Scope 3 emissions must be an immediate top priority.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

Logistics Viewpoints

APRIL 8, 2022

Chipotle Mexican Grill says its goal to source and sell chicken that’s certified as humanely raised has been delayed because its suppliers weren’t able to make the necessary changes without disrupting supply. Demand for chicken has surged in the last few years, as it is seen as a healthy and relatively cheap protein.

Logistics Network Optimization Software 264

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 264

Supply Chain Shaman

JULY 22, 2019

The source data for the analysis comes from Ycharts.). It is not as simple as trading-off inventory, cost, and customer service. Long-term balance sheet improvement requires a focus on a balanced scorecard and the alignment of sell, deliver, make, and source to drive value. Click the link to see the detail.)

Supply Chain Design Software 274

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 274

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

We can help business leaders by providing insight on the environment benefits or disadvantages of their different sourcing options to start with, but after that comes the physical moving of goods. He crafted delivery solutions for e-commerce clients and managed supply chains for several chemical and freight forwarding companies.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 246

Supply Chain Shaman

MARCH 28, 2016

In our analysis, only one out of ten companies successfully improves operating margins and inventory turns at the same time. In our recent analysis of supply chains that are “working well” , we find higher performance when companies have source, make and deliver reporting to the supply chain organization. Inventory Turns.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Logility

FEBRUARY 12, 2020

You can be proactive and use MDSM to explore and analyze data you already own, model additional data sources that could help explain demand variability… or sit by and watch. Inventory increased as overall customer service levels fell, and margins are set to erode as product is put on clearance. Let’s start at the beginning.

Supply and Demand 147

Supply and Demand Demand Planning Software Modeling Price Reduction 147

Supply Chain Shaman

MAY 13, 2015

Forty years ago as a chemical engineering student, I learned the tedious craft of chemical plant design. Getting good at factory design is a merit badge of sorts for the chemical engineer. Getting good at factory design is a merit badge of sorts for the chemical engineer. In this position, we designed real-world plants.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Supply Chain Shaman

MAY 14, 2013

Consumer Packaged Goods (CPG) and chemical companies are close behind, but they are having difficulty “taking the hill.” When companies look at singular metrics (labor costs or inventory), they have moved backwards. Which industry sector can we learn from?” There is no substitute for leadership.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 256

Logistics Viewpoints

AUGUST 18, 2023

and European companies may last longer than expected as they try to sell off their bulging inventories in an economic climate where demand is stalling. Full-to-bursting warehouses means fewer orders for manufacturers, which translates into lower levels of business activity and, ultimately, weaker growth. That’s all for this week.

Logistics Network Optimization Software 240

Logistics Network Optimization Software Logistics Panama Washington 240