Logistics Viewpoints

AUGUST 9, 2022

While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management?

Inventory Management Software 236

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 236

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. China was the source of over 90% of PPE.) To adapt, I recommend that companies form two groups: Operational/Business Continuity Group. One company that I work with is using COVID-19 levels in sewage to plan recovery curves. Let me make my argument. It will take time.

Supply Chain Planning Software 440

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 440

Logistics Viewpoints

MARCH 25, 2021

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. Trade disputes and tariffs.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 322

Supply Chain Shaman

SEPTEMBER 13, 2023

Solving from a supply side seems to work for many companies I work with. If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? Only 2% of companies are pushing forward in our Supply Chains to Admire analysis. Clear mission.)

Supply and Demand 385

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 385

Freightos

JUNE 6, 2023

This was terrible news for a company now on the hook to ship to kids who were suddenly cooped up and hankering for a fort. Listen to the full podcast interview here ) Source: Fort Of course, this stark reality was faced by many small and medium-sized businesses (SMBs) during the peak of the pandemic. to 0.85 (Source: ShipBob ).

Manufacturing Procurement 322

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 322

Supply Chain Shaman

JULY 31, 2024

I see a few companies making progress, but most are going through the endless cycles of trying to implement a technology project. What is the role of make, source, and deliver? How does a company define supply chain excellence. In my qualitative interviews, few global companies larger than 5B$ rate their projects successful.

Supply Chain Planning Software 323

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 323

Supply Chain Shaman

MAY 25, 2024

This data source synchronizes corporate reporting across global markets while tracking restatements, name changes, and currency shifts.) The second part of the story is that inventory turns for Lenovo are 10.8, Ranking at #13, PepsiCo outperforms on inventory turns, but performance is declining. We purchase data from Y charts.

Eliminating Excel in Purchasing 318

Eliminating Excel in Purchasing Gartner Supply Chain Design Supply Chain Strategy 318

Supply Chain Shaman

JANUARY 25, 2024

With slim margins and ever-increasing inventories, companies invested less in capital assets. Today, this network operates with less capacity and ballooning inventories. As product complexity increased, item forecastability decreased, and companies chased cost reduction. The industries in this value chain lack resilience.

Supply Chain Network Software 273

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 273

GlobalTranz

APRIL 20, 2021

Shortages of products from toilet paper to microchips during the coronavirus pandemic highlighted the value of supply chain resiliency, and the opportunities for companies that aren’t as prepared as they would like. A supply chain built for resiliency allows a company to adapt to unpredictable forces while maintaining customer service.

Supply Chain Planning Software 288

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Sourcing Strategies 288

AIMMS

MARCH 30, 2020

As McKinsey advises , it’s critical for companies to assess the depth of disruption, the length of disruption, and the shape recovery could take. There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources. We’re here for you.

Supply Chain Disruption 348

Supply Chain Disruption Supply Chain Design Software Scenario Planning Supply Chain Planning Software 348

ToolsGroup

APRIL 20, 2022

1: Overcome the Labor Shortage by Defining Your Company. They want (and expect) companies to establish a sense of purpose in which they can partake. This means your company can’t afford an identity crisis. Who are you as a company and what are you offering employees? And help you get some shut-eye.). #1: Don’t be shy. #2:

Sourcing Strategies 194

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 194

ToolsGroup

JULY 19, 2023

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. Let’s take a look at the challenges associated with digital twins and how real-time data systems are changing the game for companies looking to leverage them. Get the insights you need.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

Logistics Viewpoints

FEBRUARY 20, 2024

To demonstrate that classic (single time series demand input) optimization and stochastic (multiple time series demand input) optimization can yield substantially different results, we will analyze a network of a company A that has four manufacturing plants that need to service demand in every mainland US state.

Sourcing Strategies 250

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 250

Supply Chain Shaman

APRIL 27, 2022

Executive teams strive to drive improvement in supply chain results; yet, sadly, only four percent of public companies succeed. In this area of research, I find that companies are like dogs chasing cars. The grass is always greener at another company. Now, I view the company as a supply chain laggard. The reason?

Procurement Analytics 339

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 339

ToolsGroup

JULY 13, 2023

A significant addition to our Inventory Hub® product, Dynamic Fulfillment leverages advanced optimization logic to determine what to ship, from where, in real-time, to reduce shipping costs, improve margins, and satisfy empowered customers. This is why ToolsGroup is thrilled to announce the launch of our Dynamic Fulfillment solution.

Optimal Sourcing 291

Optimal Sourcing ToolsGroup Optimization Software Network Optimization 291

Supply Chain Shaman

OCTOBER 16, 2023

For most companies, building a great S&OP process is a missed opportunity. Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. Most companies buy decision support technology, but do not redefine work to improve decisions. I write this post as a guide. Drives Value.

S&OP 333

S&OP Supply and Demand Forecasting Supply Chain Design Software 333

Supply Chain Shaman

JUNE 3, 2024

Tech companies rally. I do not see companies push the envelope to define digital passports for provenance, implementing learning ontological frameworks, or schema on read data fabrics combining the graph and vector DB. Tech companies push self-serving agendas like a hammer hunting for a nail. Thought leaders push concepts.

Supply Chain Planning Software 343

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 343

Supply Chain Shaman

JULY 25, 2021

Only four percent of companies outperformed their peer groups. Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). While market potential declined, individual company performance declined faster. Implementation of Sales Forecasting.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Logistics Viewpoints

DECEMBER 18, 2024

Regulatory Demands: Governments worldwide are enforcing stricter emissions standards and introducing carbon taxation schemes, pressuring companies to adapt. Proactively adopting cleaner energy sources ensures alignment with these evolving regulations. Transparent sourcing practices build trust among consumers and investors.

Optimal Sourcing 193

Optimal Sourcing Material Savings Supply Chain Design Software Supply Chain Planning Software 193

Logistics Viewpoints

JULY 22, 2021

The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process. Then the process was put to test in recent times, as increasing demand and supply side shocks caught companies flatfooted.

S&OP 261

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 261

Logistics Viewpoints

MARCH 8, 2021

When companies implement enterprise software solutions, they often label that implementation as being part of their company’s digital transformation. It requires a company to further leverage the supply chain design philosophy. The company sells their products across three primary brands targeted at different demographics.

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 278

Logistics Viewpoints

JULY 23, 2024

While it might be theoretically possible to monitor weather patterns on Mars, unless your company has interplanetary operations or dependencies, that data’s not going to be relevant for managing your supply chain! ERP, CRM, SCM), external sources (e.g., ERP, CRM, SCM), external sources (e.g., sensors, RFID tags).

Optimal Sourcing 258

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 258

Supply Chain Shaman

OCTOBER 5, 2021

Amazingly, as by some fate, the remedy usually matches what the technology or services company is selling. 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. And, voila!

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 261

DELMIA Quintiq

SEPTEMBER 28, 2023

This is where inventory meets the supply chain. With DELMIA, Consumer Packaged goods – Retail (CPG-R) companies can improve their global and local supply chains’ visibility, synchronization, and flexibility. How do you keep food plenty and mugs full?

Optimal Sourcing 333

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Optimization 333

Supply Chain Shaman

APRIL 30, 2020

The companies are just not good at managing inventories and orchestrating distribution strategies. They are seldom cross-functional to optimize source, make, and deliver together. Companies are not good at sensing market consumption at the speed of business. New Problems Require New Solutions. We need to face facts.

Supply Chain Design Software 355

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 355

Supply Chain Shaman

DECEMBER 7, 2023

Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality. I am currently doing research on inventory management. Today, this is not the case. Yes, I think so.

Supply Chain Design Software 316

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 316

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

According to research from McKinsey & Company, the supply chain dimension has the lowest level of digitization (43%) compared to other dimensions, including products and services, marketing and distribution channels, business processes, and new entrants at the ecosystem level.

Supply Chain Planning Software 298

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

Logistics Viewpoints

AUGUST 5, 2021

We must plan, source, make, and deliver differently for supply chain sustainability. These examples address the source, make, and deliver areas of supply chain. Similarly, increasing the efficiency of planning and reducing waste will lay a firm foundation for greener sourcing, manufacturing and delivery. Buffering creates waste.

Supply Chain Planning Software 314

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 314

The Logistics of Logistics

NOVEMBER 8, 2021

Matt is the Co-Founder and CEO of popcapacity , which is dedicated to simplifying the process for sourcing warehouse space. After selling his agency back to the parent company, Matt started an expedited company which exposed him to the big changes happening in the warehousing space. The New World Of Warehousing with Matt Fain.

Warehousing 232

Warehousing Logistics Network Optimization Software Supply Chain Design Software Inventory Management Software 232

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 309

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 309

Logistics Viewpoints

NOVEMBER 4, 2024

In a broad sense, optimization refers to creating plans that help companies achieve service levels and other goals at the lowest cost. Without accurate data, companies face the garbage in, garbage out problem. These predictions accelerate a company’s ability to verify how its extended supply chain is constructed.

Supply Chain Planning Software 274

Supply Chain Planning Software Modeling Optimal Sourcing Supply Chain Design Software 274

Supply Chain Shaman

MAY 26, 2023

Or a unified data model across source, make, and deliver for planning? Most companies are not aware of demand latency in their day-to-day discussions, nor do they have the ability to visualize and manage demand flow assumptions across roles based on market data. Why is this needed? The role of batch interfaces takes time. Stay tuned.

Optimal Sourcing 343

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 343

Supply Chain Shaman

MAY 21, 2024

In the study, when we asked for the top elements of business pain to drive continuous improvement for companies greater than 5B$ in annual revenue, as shown in Figure 1, we found the largest issues with cross-functional alignment and availability of talent. In the survey, companies had over one hundred active continuous improvement programs.

Procurement Analytics 347

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 347

ToolsGroup

JANUARY 13, 2021

We’ve found our customers are urgently seeking ways to better plan around supply chain demand volatility and improve how they source materials and products from suppliers. We expect digital supply chain transformation to accelerate and those companies that have been putting it off will now make it a priority.

Supply Chain Planning Software 272

Supply Chain Planning Software Predictive Analytics Software Supply Chain Planning Scenario Planning 272

Logistics Viewpoints

APRIL 19, 2023

Third, is autonomous planning feasible for all companies of all sizes? And finally, how does a company achieve autonomous planning? Dynamic Cross-dock allocation takes into account sales rates and current inventory at the stores. Some companies have started this journey with Excel-based manual processes.

Supply Chain Planning Software 240

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 240

Logistics Viewpoints

APRIL 3, 2023

IBP is a collaborative process involving diverse business functions that is designed to balance demand against supply in a manner that maximizes the goals of that company. This is, at many companies, a month-long process that produces a supply chain plan that spans out over several months – often 24 or 36 months. I believe this claim.

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 275

The Logistics of Logistics

SEPTEMBER 25, 2023

Prior to founding Verusen, Noble spent over a decade with The Sherwin-Williams Company, where he specialized in supply chain/manufacturing and led its Eastern U.S. Headquartered in Atlanta, Verusen has been named one of Georgia’s Top 10 Innovative Technology Companies. Industrial Distribution business unit.

Optimal Sourcing 266

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 266