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

crisp

SEPTEMBER 29, 2023

Settle, a pioneering cash flow management company, and Crisp, a leading retail data platform, are setting a new standard for operational excellence in the consumer goods industry. What unique problems do consumer goods companies face that Settle aims to solve?

Procurement Analytics 52

Procurement Analytics Procurement Solutions Supply Chain Design Software Analytics Software 52

Supply Chain Shaman

SEPTEMBER 20, 2015

How do they buy from you? How do they buy from you?” Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. The discussion of customer-segmented supply chains happens often. Why does it matter to you? It is systemic.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

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 214

Forecasting Forecasting Software Modeling Optimal Sourcing 214

Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The team was not calibrated on the role of forecasting and the basics around process excellence. This blog post started a series of telephone calls. Models Matter. Let me explain.

Supply and Demand 376

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 376

ToolsGroup

SEPTEMBER 22, 2021

Over time, I’ve been fortunate to work in groups where both men and women were well represented, and I’ve had excellent leaders who championed my career by giving me the freedom to chart my own path. The good news is we’re catching up, making substantial contributions in the overall supply chain workforce.

Supply Chain Planning Software 177

Supply Chain Planning Software Gartner Supply Chain Software Agile and Lean Supply Chain 177

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. By identifying behavior patterns that indicate a shift in consumer habits, companies can even predict upcoming trends and prepare for unexpected demand shifts.

Supply Chain Planning Software 298

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

The Logistics of Logistics

MARCH 13, 2021

MetaExperts are talent operational excellence (OpEx) hands-on-deck, training, and get-it-done partners. Just-in-time inventory policies, driving suppliers to carry all the burden of just-in-case inventory. Getting into buying consortiums to increase influence and minimize service disruptions. High Responsiveness.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Price Reduction Waste Reduction 130

Supply Chain Shaman

SEPTEMBER 30, 2014

Consumers want to shop anywhere, and buy in the way that they want to buy. The digital consumer often wants to shop online, pick up at the store, and conveniently manage returns. Each year I go to the Consumer Goods and Technology (CGT) conference where speaker-after-speaker talks about retail/supplier collaboration.

Forecasting 298

Forecasting Optimal Sourcing Forecasting Software Supply Chain Network Software 298

RFgen

MAY 13, 2024

From the leftover Ben & Jerry’s in your freezer to the travel-size Dove lotion abandoned somewhere at the bottom of your toiletry bag, the business responsible for these familiar household staples is the multinational consumer goods company, Unilever. Which farms are mills buying crops from?

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 78

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. This is particularly true in the food manufacturing industry, which characteristically has a high volume of products stored, and an urgent need to fill existing client orders to match ongoing consumer demand. Working with fresh food.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

Alloy

OCTOBER 3, 2023

Channel Performance in Walmart Luminate is intended to act as your single-source of truth for sales, inventory and forecast data. Channel Performance in Walmart Luminate gives you a true omni-channel view of sales, whether the purchase is in-store, delivered, shipped to store, picked up, or shipped directly to the customer.

Procurement Analytics 52

Procurement Analytics Analytics Software Forecasting Software Predictive Analytics Software 52

Supply Chain Insights

APRIL 20, 2017

As empowered consumers, we expect full inventories of the products we want all the time, easy shopping and buying online and having the precious purchase on our doorsteps the next day. The pace of change is far slower than the adoption of technology, especially in the world of fast moving consumer goods.

Supply Chain Planning Software 110

Supply Chain Planning Software Costa Rica Manufacturing Procurement Eliminating Excel in Purchasing 110

Supply Chain Insights

MAY 17, 2017

Over the past several years I have been involved with some rather sophisticated technologies around consumer goods and retail. If they ask you for your email address, they will know in a heartbeat everything you have looked at (on their corporate website for sure), purchased, or put into your shopping cart and did NOT purchase.

Procurement Solutions 110

Procurement Solutions Predictive Analytics Software Modeling Software Supply Chain Planning Software 110

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

crisp

APRIL 21, 2023

The certified B Corp makes organic, better-for-you packaged sauces and donates a meal to those in need with every purchase. The company was founded by Richa Gupta, who was inspired by the “buy one, give one” model of Tom’s Shoes. Good Food for Good was born with its own “buy one, feed one” model.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Supply Chain Design Software Modeling Software Food 52

QAD

OCTOBER 5, 2021

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, from shared services to real-time data and flexible data analytics, Effective Enterprise Management ensures that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 98

crisp

NOVEMBER 15, 2023

This article delves into the hidden costs consumer goods companies face when they opt to manage their retail data pipelines internally. Consumer goods companies are increasingly embracing internal digital transformations to streamline operations, improve decision-making, and enhance supplier relationships.

Negotiating Skills 52

Negotiating Skills Supply Chain Software Supply Chain Planning Software Cost Reduction Strategies 52

Supply Chain Matters

JULY 5, 2022

Starboard now has over 1400 users across 70 customers representing Auto, Consumer Goods, Retail, Industrial Products, Consulting, and Real Estate. Starboard Founder and President , Steve Johanson will lead a newly formed Center of Excellence within Logility.

Network Design Software 52

Network Design Software Procurement Solutions Supply Chain Design Software Modeling 52

ShipBob

APRIL 13, 2021

reorder more inventory sooner if you’re selling through it quicker than your inventory forecasts estimated). Costs of goods sold (COGS). Costs of goods sold is how much it costs to produce your products or services. COGS = Beginning inventory + Purchases during the period – Ending inventory.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

Supply Chain Game Changer

JULY 31, 2019

Procurement – the effective purchasing of raw materials, back-office goods and professional services – as well as Logistics – the orchestration of the movement of those goods – might not seem to be as important as sales, marketing, R&D or finance at first blush. Developing a product line and business model is hard.

Manufacturing Procurement 72

Manufacturing Procurement Pharmaceutical Supply Chain Planning Supply Chain Strategy 72

Supply Chain Shaman

NOVEMBER 14, 2016

Inventory Turns. Better performance in inventory turns than the peer group average for the period studied. Orbit Chart of VTech for the Period of 2006-2015 at the Intersection of Operating Margin and Inventory Turns . Table 1: Results of the Consumer Electronics Industry for Performance, Improvement and Value.

Supply Chain Planning Software 150

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

Logility

MARCH 30, 2020

For the first time in history, shelves of stores across the globe that sell food, beverage and other fast-moving consumer goods (including toilet paper, hand sanitizer and cleaning products) are nearly empty. Looking back a few months, no one could have predicted the current state of the global supply chain.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Disruption 130

Supply Chain Shaman

AUGUST 26, 2015

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). ” They questioned, “ How long will this recession last?

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Alloy

JANUARY 6, 2021

In this Q&A with Brian Babbitt , Head of Solutions Consulting at Alloy, we discuss options for consumer goods manufacturers evaluating supply chain management solutions. He saw firsthand how retailers manage inventory and the best way for brands to work with them. Both companies also provide excellent customer support.

Alloy 98

Alloy Supply Chain Planning Software Supply Chain Design Software Analytics Software 98

Supply Chain Shaman

AUGUST 21, 2015

Since the last report, Kinaxis successfully launched an IPO on the Toronto Stock Exchange, E2open launched an IPO and then went private with a buy out by Insights, IBS and Steelwedge sought new rounds of capital, and WAM Systems and Acorn Systems have new owners. Visualization.

S&OP 150

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Design Software 150

ITradeNetwork

OCTOBER 9, 2018

With consumers taking full advantage of the ever-expanding options to buy goods both in person and online, it is imperative that your product makes it where it needs to go—on time, every time. In a perfect world, every item would be delivered on time, in excellent shape, 100% of the time. Predictions.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Inventory Management Software Logistics Network Optimization Software 40

6 River Systems

FEBRUARY 3, 2020

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. By identifying behavior patterns that indicate a shift in consumer habits, companies can even predict upcoming trends and prepare for unexpected demand shifts.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 59

BlueYonder

APRIL 25, 2017

Cons: Merchants that are incented purely on sales may be more likely to inflate forecasts that would drive more inventory than needed into the supply chain. This con can be largely mitigated, however, if the merchants are incented on inventory in addition to sales. SUPPLY CHAIN. about events, promotions and new items.

Supply and Demand 44

Supply and Demand Demand Planning Supply Chain Planning Software Supply Chain Planning 44

Supply Chain Game Changer

NOVEMBER 17, 2018

Our team was recognized for our unique configure-to-order process for our microprocessors as a finalist in the Supply Chain Council’s Operational Excellence award in 2011. The team reduced finished-goods inventory by 50% and reduced the assembly and test line production variances by 50% in 9 months.

Gartner 74

Gartner Manufacturing Procurement Optimal Sourcing Supply Chain Software 74

BlueYonder

APRIL 25, 2017

Cons: Merchants that are incented purely on sales may be more likely to inflate forecasts that would drive more inventory than needed into the supply chain. This con can be largely mitigated, however, if the merchants are incented on inventory in addition to sales. SUPPLY CHAIN. about events, promotions and new items.

Supply and Demand 40

Supply and Demand Demand Planning Supply Chain Planning Software Supply Chain Planning 40

Kinaxis

MAY 18, 2016

You might think, “okay, our warehouse is good” without thinking about the end to end. Procurement might have hit their cost savings metrics, but if it meant purchasing more than needed, and that might hurt your warehouse inventories. Or do you think Supply Chain professionals should just go on being quietly excellent?

Supply Chain Software 100

Supply Chain Software Gartner Supply Chain Planning Software Agile and Lean Supply Chain 100

Logistics Bureau

NOVEMBER 14, 2018

The tools for determining Cost To Serve include standard spreadsheet applications, such as MS Excel, and network design modeling software. For example, a CTS analysis may show you that customers ordering directly from you at your factory also generate lower costs in transport and inventory costs. This sounds like common sense.

Purchasing Skills 75

Purchasing Skills Cost Reduction Strategies Supply Chain Design Software Optimal Sourcing 75

Tompkins Blog

APRIL 29, 2014

As rapid change takes place in online ordering and fulfillment for retail, consumer goods, distribution, and third-party logistics (3PLs), the needs for real estate space change too. The growth of actual online sales from online purchases between 2012 and 2017 will only grow from 7.7% You bet it can. of total retail sales.

Real Estate 66

Real Estate Material Savings Price Reduction Sourcing Strategies 66

Logistics Bureau

NOVEMBER 27, 2016

So in order to perhaps spawn some ideas for your supply chain excellence efforts, I thought I’d offer a brief overview of how four leading organisations are achieving their successes and cementing their mastery of the 21 st century supply chain. Is sustainability a viable growth strategy for fast-moving-consumer-goods brands?

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

Alloy

JUNE 25, 2019

If a shopper chooses a different brand or not to purchase at all because a product isn’t available, it’s a lost sales opportunity. Picou said they were using “lots and lots and lots of Excel spreadsheets, moving them from terminal to terminal and desk to desk, which was not efficient or effective.”

Alloy 40

Alloy Procurement Analytics Supply Chain Software Gartner 40