Logistics Viewpoints

FEBRUARY 20, 2024

That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. Another strategy is to dedicate resources and build the best algorithm for demand forecasting. While this sourcing strategy is the most cost-effective one, the business might not want to operate like that.

Sourcing Strategies 250

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 250

Logility

MAY 3, 2021

While sales and operations planning (S&OP) is critical to the creation of an overall business strategy to maintain a competitive edge, sales and operations execution (S&OE), along with a process to support it, should also be a top priority for your organization. This keeps operational costs optimized. S&OP Defined.

Inventory Reduction 246

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 246

DELMIA Quintiq

AUGUST 4, 2020

What aerospace manufacturers need is agility in their design and production processes to help mitigate the variability in supply and demand. Additive Manufacturing (AM) is one innovation in which aerospace companies have significantly invested to try to address some of their unique challenges. What are the benefits?

Aerospace 296

Aerospace Material Savings Expense Reduction Cost Reduction Strategies 296

Supply Chain Shaman

MARCH 21, 2024

During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team.

Inventory Reduction 403

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 403

ToolsGroup

MARCH 24, 2021

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. There are many pieces of the modern manufacturing supply chain. The basic approach to inventory optimization. This is no easy task.

Modeling 270

Modeling Optimization Software Inventory Reduction Network Optimization 270

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. GlobalTranz works with manufacturing shippers every day to move their goods and streamline their logistics strategies. 5 Challenges Facing Supply Chain Managers in Manufacturing.

Logistics Network Optimization Software 247

Logistics Network Optimization Software Supply Chain Planning Software Inventory Management Software Inventory Reduction 247

The Logistics of Logistics

OCTOBER 30, 2023

Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. acquired by SAP).

Optimal Sourcing 245

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 245

DELMIA Quintiq

JUNE 9, 2020

Global manufacturing today faces significant operational challenges. How should manufacturers adapt to meet the challenges and shift from product-centric to customer-centric operations? How should manufacturers adapt to meet the challenges and shift from product-centric to customer-centric operations?

Manufacturing Procurement 272

Manufacturing Procurement Optimization Software Supply Chain Optimization Price Mitigation Strategies 272

ToolsGroup

OCTOBER 14, 2024

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Spare parts supply chains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

Supply Chain Shaman

DECEMBER 27, 2022

In a recent research project, we found that 2/3 of companies had a digital supply chain transformation strategy; however, those that were evolving their strategy performed better during the early months of the pandemic than those that were “clear” on the project plan for a digital transformation. I know, a head-scratcher.

Supply Chain Software 405

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 405

Supply Chain Shaman

APRIL 15, 2020

While a reboot of a computer rstarts the machine to eliminate the in-memory processing, a reformat erases everything on the computer and starts again. This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain. Bottom line?

Supply Chain Planning Software 440

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

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Sadly, most of it is the wrong inventory. Despite spending 1.1%

Supply Chain Planning Software 360

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 360

ToolsGroup

JANUARY 15, 2024

BOSTON & LONDON — January 15, 2024 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of their In-Season Inventory Optimization Solution, an integrated suite of tools in the greater JustEnough retail planning and execution suite.

Inventory Reduction 177

Inventory Reduction ToolsGroup Waste Reduction Price Reduction 177

Logistics Viewpoints

NOVEMBER 20, 2024

For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supply chain strategies is essential. Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change.

Waste Reduction 228

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 228

Logistics Viewpoints

JULY 24, 2024

Robotic Process Automation Deployment According to the APQC data, organizations are exploring Robotic Process Automation across a number of supply chain areas, including supply chain planning, sourcing and procurement, logistics and warehousing, and manufacturing. Many technologies are implemented as a source of cost cutting.

Supply Chain Software 263

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Inventory Reduction 263

Logistics Viewpoints

AUGUST 1, 2024

In this scenario, by adopting an adaptive supply chain, the retailer uses real-time data analytics to identify emerging trends and collaborate closely with suppliers to quickly adjust production and inventory levels to meet customer demand. This collaboration enables faster response times and cost savings.

Modeling 267

Modeling Network Optimization Supply Chain Design Software Material Savings 267

ToolsGroup

NOVEMBER 23, 2021

As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. 7 practical strategies to minimize risk and manage supply chain shortages. Use analytics to put your available inventory to the best use.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

Logistics Viewpoints

OCTOBER 30, 2023

I recently talked to a former executive at a global automotive manufacturer. The project was focused on the spare parts supply chain – the delivery of car parts and aftermarket accessories to automotive dealers and repair shops across Europe from their OEM vendors as well as their own manufacturing facilities in Europe.

Vendor Strategies 253

Vendor Strategies Cost Reduction Strategies Modeling Inventory Reduction 253

ToolsGroup

SEPTEMBER 30, 2024

This sector is driven by several factors, including the ageing vehicle population, the rise of e-commerce platforms , and technological advancements in vehicle manufacturing. This shift has led to a growing need for agile inventory management and quick delivery systems.

Manufacturing Procurement 156

Manufacturing Procurement Optimization Software Supply Chain Planning Software ToolsGroup 156

Logility

MAY 17, 2023

The urgent need for supply chain resiliency is increasing interest in onshoring, reshoring, and nearshoring strategies. Yet, their search is more than a matter of finding low-cost alternatives. They’re also carefully pursuing suppliers, manufacturing, and distribution locations that are sustainable and resilient.

Vendor Strategies 171

Vendor Strategies Cost Reduction Strategies Price Reduction Inventory Reduction 171

The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. About Paul Noble As Founder and Chief Strategy Officer of Verusen, Paul Noble oversees the company’s vision and strategic direction.

Optimal Sourcing 266

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 266

ToolsGroup

APRIL 17, 2024

This embrace is happening across various facets of the industry, from organizational structures and logistics to sales strategies, design innovations and communication channels. Better Inventory Management : With a unified view of inventory across all channels, retailers can ensure effective stock control and minimize waste.

Supply Chain Design Software 294

Supply Chain Design Software Waste Reduction Supply Chain Planning Software Inventory Reduction 294

BlueYonder

JUNE 21, 2024

With high processing, sorting, and restocking costs and ever-rising return rates, it’s clear that returns are implicated in many of the challenges that retailers face today. The key is implementing an efficient returns strategy that ties into the business’s wider goals. The Returns Owner A strategy without an owner is unlikely to work.

Cost Reduction Strategies 115

Cost Reduction Strategies Inventory Reduction Price Mitigation Strategies Supply Chain Strategy 115

Logistics Viewpoints

JUNE 29, 2023

Direct spend can be a significant part of the Cost of Goods Sold for an organization. By fostering collaboration across all stakeholders, including suppliers, manufacturers, and logistics providers, companies can enhance visibility, streamline processes, and proactively address disruptions.

Manufacturing Procurement 200

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 200

ToolsGroup

JUNE 17, 2021

Distribution industry supply chains have always been squeezed between manufacturers and their customers; facing increased competitive threats, escalating SKU counts, and expanding ecommerce. Right-sizing inventory. Avoiding inventory overages and shortages begins with a better forecast, but also requires a smarter inventory strategy.

Forecasting 295

Forecasting Forecasting Software Modeling Supply Chain Planning Software 295

Logistics Viewpoints

OCTOBER 4, 2021

Dramtatically Reduced Service in Grocery Stores Since Pandemic was Declared. A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. The company provides demand and inventory planning solutions based on a public cloud architecture.

Inventory Reduction 240

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 240

Logistics Viewpoints

MARCH 25, 2021

Global trade regulations and conflicts, as well as tariff threats as a political tool, could cut off sources and markets and push your business plan into the red. The average cost of a data breach reached $3.86 The system wasn’t prepared for the surge, driving up pricing for transportation and sapping inventory levels.

Supply Chain Planning Software 322

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

Logistics Viewpoints

MARCH 8, 2021

Belcorp Corporation, headquartered in Peru, manufactures cosmetics and personal care products for women in 14 nations across South and Central America. How will total landed costs be impacted by adding a new supplier? How do we best handle surging transportation costs? They started with IBM’s LogicNet solution.

Supply Chain Design Software 278

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

ToolsGroup

SEPTEMBER 13, 2023

The key lies in high performance inventory. Forward-looking supply chain professionals understand that inventory is not an end in itself; it’s a means – to enhanced customer service, increased profitability, and greater efficiency. What is High Performance Inventory?

Inventory Reduction 156

Inventory Reduction Resource Reduction Waste Reduction Supply Chain Planning Software 156

DELMIA Quintiq

MAY 5, 2020

Upheavals in one country can heavily impact manufacturers worldwide, too. Manufacturers realized that they had no backup plans for the production of components critical to their operations. A well-managed manufacturer-supplier relationship will result in better quality and service, reduced risks and lower costs.

Network Optimization 266

Network Optimization Supply Chain Network Software Scenario Planning Manufacturing 266

Logistics Viewpoints

OCTOBER 17, 2024

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Supply Chain Knowledge and Risk Mitigation: Suppliers have a direct impact on direct spend with raw material and transportation costs as two big drivers of operating margins.

Manufacturing Procurement 232

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 232

Supply Chain Shaman

APRIL 30, 2020

The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. However, supply chain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm. Reduce Complexity. The measles vaccine took four years in 1968.

Supply Chain Design Software 355

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

Supply Chain Shaman

FEBRUARY 1, 2024

Peeling Back the Lid on Supply Chain World Salad In this world, where board discussions focus on eliminating waste and meeting corporate social responsibility goals, supply chain teams respond with projects like end-to-end planning, control towers, and real-time decisions. Each concept is flawed adding to, not reducing, cost and waste.

Supply Chain Planning Software 342

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 342

Logility

SEPTEMBER 12, 2024

From retail and food and beverage to manufacturing and life sciences, companies from a wide variety of industries are realizing the benefits of the technology, revolutionizing how they operate, collaborate, and generate value. Retailers are leveraging cloud-based platforms to optimize inventory management and enhance customer engagement.

Supply Chain Planning Software 198

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 198

ToolsGroup

OCTOBER 14, 2024

At ToolsGroup, we provide cutting-edge AI and machine learning solutions to enhance supply chain resiliency and efficiency. Belcorp’s demand planning and inventory management were challenged in many ways. This process is essential, as it forms the foundation for defining the optimal inventory level to achieve the highest service level.

Modeling 156

Modeling Supply Chain Planning Software Inventory Reduction Supply Chain Optimization 156

Supply Chain Shaman

NOVEMBER 21, 2023

As a result, my client became a pawn to eliminate as he drove to his goal of supply chain improvement. I worked three layers down in the organization for a well-established leader in manufacturing named Dan. Dan had a very manufacturing view and Fred focused on logistics. Yes, I am that old.) Let me tell you the story.

Supply Chain Planning Software 339

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 339