ToolsGroup

APRIL 4, 2023

By land, by air, by sea – transit organizations know the competition is fierce for retaining customer loyalty, requiring inventory management strategies that balance consumer needs with sustainability initiatives and business goals. These companies understand that one bad experience could jeopardize future sales.

Inventory Reduction 156

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 156

Supply Chain Shaman

JUNE 19, 2013

It comes in many flavors–increase in inventory, changes in sales policies, new product lines– all add to the complexity. The only industry that has made progress in inventory management is consumer electronics. The only industry that has made progress in inventory management is consumer electronics.

Forecasting 273

Forecasting Supply Chain Planning Software Agile and Lean Supply Chain Forecasting Software 273

Logistics Viewpoints

MAY 12, 2022

Amidst ongoing uncertainty caused by COVID-19 lockdowns in Asia, war in Europe, scarce raw materials and steep inflation, companies are stockpiling inventory as never before in the hopes of mitigating future supply chain shocks. As soon as inventory hits the yard, it gets lost in a shuffle of trailers.

Supply Chain Design Software 263

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Analytics Software 263

Logistics Viewpoints

OCTOBER 2, 2023

The interview occurred during athe FourKites Visibility 2023 user conference on September 7th in Chicago. Shipment/inventory tracking can tell you whether a shipment will be on time, but not whether everything that was supposed to be on that shipment is there. In that study, FourKites 2021 revenues were estimated to be $65 million.

Real-time Visibility 315

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 315

The Logistics of Logistics

AUGUST 14, 2023

Headquartered in Chicago, they have a diverse and global workforce with offices in various locations worldwide. It offers global and multimodal connectivity, allowing supply chain and logistics professionals to track inventory across various modes of transportation.

Gartner 246

Gartner Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy 246

Supply Chain Shaman

AUGUST 7, 2019

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. In the period of 2010-2018, within the chemical industry, margins fluctuated, largely driven by the price of crude, but inventory turns plummeted.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 253

Supply Chain Shaman

MAY 31, 2014

As I work with teams to envision the new tomorrow, I find fewer people know the basic concepts of manufacturing planning–cycle inventories, freeze duration, slush period, bottlenecks and constraints. And, the service supply chain can be redesigned to have less inventory and more uptime. I feel lucky that I have. Medical Device.

Supply Chain Planning Software 268

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply and Demand 268

Supply Chain Shaman

MAY 26, 2023

Creating data semantics is analogous to mapping grammar and style rules in content writing style guides (Think Chicago Style Guide 10). If a company wants a perpetual inventory signal that is current and representative of the network, the unified data model allows roll-up in minutes, not hours. Why is this needed?

Optimal Sourcing 356

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 356

Logistics Viewpoints

OCTOBER 26, 2023

But to verify the “in full” part, your real-time transportation solution needs to be connected to warehousing, inventory, fulfillment and order management. A platform approach to real-time supply chain execution integrates across every critical system so you can get a real-time ETA together with a live view of your inventory.

Supply Chain Planning Software 301

Supply Chain Planning Software Real-time Visibility Supply Chain Design Software Supply Chain Planning 301

Supply Chain Shaman

JUNE 14, 2014

Tonight, I am stranded in a hotel in Chicago. The Chicago airport is closed for the night. 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. It is 3:00 AM.

Manufacturing Procurement 290

Manufacturing Procurement Optimal Sourcing Procurement Analytics Modeling 290

ToolsGroup

AUGUST 10, 2023

Garrett Popcorn has been a Chicago staple for over 70 years , and now has retail shops in 8 countries. Garrett Brands selected ToolsGroup Service Optimizer 99+ (SO99+) , a suite of planning functions encompassing Demand Forecasting & Planning , Inventory Optimization , and Replenishment. Learn more HERE.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Software Modeling 156

Supply Chain Shaman

SEPTEMBER 24, 2013

So, as I sit in this uncomfortable seat, fighting sleep, winging my way to Chicago, I am asking myself a simple set of questions. Sometimes, in this process, they have cut muscle, not just fat, limiting the potential of the supply chain to balance costs, inventory cycles and complexity. My circular logic goes like this.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 271

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. If it takes 50 days from ownership transition at origin to receipt at the warehouse, you could save $2M in inventory, or $250K in working capital, if you reduce transit time by one day (50 to 49 days). He lives in Chicago.

Waste Reduction 295

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 295

Supply Chain Shaman

JULY 12, 2013

Focus the organization on understanding the “probability and patterns of demand” and how to design push/pull decoupling points, supplier networks and inventory buffers to improve agility (focusing on form and function of inventory in the supply chain). This morning I am in Chicago helping a client to become market-driven.

Supply Chain Design Software 270

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 270

ToolsGroup

SEPTEMBER 4, 2019

BOSTON (Sept 5, 2019) – ToolsGroup, a global leader in supply chain planning software, shared details of its participation with Optimas Solutions, a leading global industrial distributor and service provider, in the North American Supply Chain Summit (NASCES19), taking place September 10-11 in Chicago. . On September 11 at 11:40 a.m.,

Supply Chain Planning Software 34

Supply Chain Planning Software ToolsGroup Supply Chain Software Supply Chain Planning 34

Supply Chain Shaman

JANUARY 9, 2019

Stuck, the company struggled with customer service levels and high inventory write-offs. The process helped World Kitchen manage inventories through bankruptcy filing in 2002. The company was unable to design and implement a process to reduce item complexity. the organizational dynamics were tough. The result?

Supply Chain Design Software 277

Supply Chain Design Software Supply Chain Planning Software Case Study Forecasting Software 277

Logistics Viewpoints

APRIL 8, 2022

With more consumers pushing for supply chain transparency, Chipotle will be testing out RFID tags at its Chicago distribution center and at 200 Chicago stores to improve the traceability of its inventory systems. In a statement, the company announced it will meet the goal by the end of this year instead.

Logistics Network Optimization Software 264

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

Logistics Viewpoints

JANUARY 12, 2023

” E2E also means being able to see things when they are not in transit, such as raw materials upstream, inventory in a warehouse or yard, products in retail outlets, or shipments stuck in customs. He lives in Chicago. You need visibility because you live within such a variable network.”

Supply Chain Planning Software 277

Supply Chain Planning Software Supply Chain Visibility Supply Chain Design Software Real-time Visibility 277

Logistics Viewpoints

SEPTEMBER 13, 2023

Last week I attended FourKites Visibility 2023 in Chicago, IL. FourKites then expanded to warehouse visibility, inventory visibility, and dynamic yard management with WMS integration, before adding order visibility and network visibility with ERP integration.

Real-time Visibility 312

Real-time Visibility Supply Chain Planning Software Supply Chain Network Software Waste Reduction 312

Supply Chain Shaman

JULY 22, 2019

It is not as simple as trading-off inventory, cost, and customer service. In the Supply Chains to Admire analysis, the focus is to understand the relative performance of a company within a peer group of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). Imagine Supply Chain 2030. What is different?

Supply Chain Design Software 257

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 257

Talking Logistics

OCTOBER 10, 2014

Next week, I’ll be speaking at the Ryder Innovate Forum in Chicago and the Elemica reveal 2014 conference in Frankfurt. UPS said…that nearly 300 outlets, including dry cleaners, convenience stores and pharmacies, in New York and Chicago would serve as access or pickup points. Life is good in freight transportation.

Logistics Network Optimization Software 148

Logistics Network Optimization Software New York Logistics Chicago 148

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. He lives in Chicago. We should be able to see, with the click of a button, how much product is at the port of destination. And what is sitting in the warehouse. And at the cross-dock. And in the rail car.

Rail Software 246

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 246

The Logistics of Logistics

JULY 10, 2023

He and his wife, Michelle, live in Chicago. By orchestrating a “door to warehouse” label/box-less pickup at no additional cost to the retailer, Pollen can free up billions in working capital that is often trapped in excess inventory. He is Purdue University’s Mitch E. Daniels, Jr.

Waste Reduction 189

Waste Reduction Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software 189

Supply Chain Shaman

OCTOBER 7, 2012

My schedule had me on a plane to Chicago at the time of the presentation. Q: Is it only inventory disrupting the agility resulting from inaccurate forecasts by S&OP? The less conversion of materials in the inventory strategy, the greater the flexibility of the supply chain. The APICS event was not there. Is it S&OP?

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

BlueYonder

APRIL 1, 2013

Please join Bryan Ball, Vice President and Principal Analyst and myself as Lead Research Analyst at Aberdeen’s 7th Annual Supply Chain Management (SCM) Summit , taking place April 9-10 in Chicago. Day 2: April 10th | 10:50 am. ** The ROI Benefits of Vendor Managed Inventory (VMI) : Barilla’s Growth Initiative.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Planning Software Chicago Supply Chain Software 64

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 91

Inventory Reduction Inventory Retail Sourcing Strategies 91

Logistics Viewpoints

JUNE 28, 2024

The information the companies gather could, for example, allow managers to receive information about unexpected frost harming cherry production or information about harvesting delays, which could result in inventory changes.

Logistics Network Optimization Software 292

Logistics Network Optimization Software Waste Reduction Logistics Price Reduction 292

PINC

JUNE 27, 2016

The event happened in Chicago between June 20th and June 22nd. The 3PL Summit and Chief Supply Chain Officer forum brought together supply chain executives and industry experts to discuss the latest trends in the industry.

Warehousing 140

Warehousing Chicago 3PL Supply Chain Execution 140

Supply Chain Shaman

JUNE 13, 2024

This week, I attended the Consumer Goods Forum in Chicago. My advice for supply chain leaders is to maximize the value of current SAP assets by focusing on improving results through Forecast Value Added (FVA), Schedule Adherence, Analysis of Inventory Health, and Customer Service with a focus on On-time and In-Full Performance.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Network Software Supply Chain Software SAP 221

Logistics Viewpoints

AUGUST 22, 2023

It was precisely the industry’s inability to make real-time decisions (based on real-time data) that was at the root of depleted store shelves, clogged ports and warehouses overflowing with excess inventory. He lives in Chicago. Lesson learned.

Real-time Visibility 246

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 246

Talking Logistics

NOVEMBER 3, 2014

Changing this perception, therefore, is a critical first step — especially in attracting more women to the industry, which would help close the talent gap and alleviate the driver shortage issue (see recent article in the Chicago Sun-Times about women drivers). Suppliers (supplier management and supplier quality issues). Forecasting.

Innovation 196

Innovation Supply Chain Design Software Optimal Sourcing Logistics Network Optimization Software 196

Supply Chain Shaman

JUNE 3, 2019

A supply chain team improved forecast accuracy by 22%, but did not improve inventory or customer service. The focus is to understand which companies are able to drive better performance, while accelerating improvement, than peer group on a balanced scorecard of growth, operating margin, inventory turns and Return on Investment Capital (ROIC).

S&OP 173

S&OP Supply Chain Planning Software Supply Chain Design Software Modeling 173

Supply Chain View from the Field

JULY 10, 2013

When Jon Stegner walked in to his first week at the University of Chicago Medical Center, one of the first places he visited was the Emergency Room, and the nearby supply room. What he saw there, was in his words, “chaos”. Medical supplies were in boxes strewn in random piles.

Chicago 60

Chicago Analytics Software Analytics Innovation 60

ToolsGroup

SEPTEMBER 4, 2019

BOSTON (Sept 5, 2019) – ToolsGroup, a global leader in supply chain planning software, shared details of its participation with Optimas Solutions, a leading global industrial distributor and service provider, in the North American Supply Chain Summit (NASCES19), taking place September 10-11 in Chicago. . On September 11 at 11:40 a.m.,

Supply Chain Planning Software 24

Supply Chain Planning Software ToolsGroup Supply Chain Software Supply Chain Planning 24

Vinculum

JUNE 14, 2019

Vinculum is coming to IRCE 2019, Chicago to help brands, 3PLs, e-tailers, and brand distributors scale up their business and sell anywhere, faster through: Automated catalog listing on marketplaces. Order and inventory management. Venue: McCormick Place South, Chicago. Order and Inventory Management. Booth: 1405.

Chicago 40

Chicago Inventory Management Software Supply Chain Network Software Warehousing 40

Supply Chain Shaman

JANUARY 15, 2022

Sales incentives drove a positive bias that inflated inventory. I met Tom again two decades later at a conference in Chicago. Allergic to inventory, Fred worked out arrangements with distributors to push inventory into the channel. He saw all inventory as “bad inventory.” In 2020, they were not.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Software Modeling 195

Supply Chain Shaman

JUNE 8, 2017

This is despite the fact that the use of retail channel data is a significantly better demand signal for inventory management, on-shelf reliability, and forecast/demand planning accuracy. To make this point, I am conducting a face-to-face networking session at the Microsoft office in Chicago.

Supply and Demand 150

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 150