Supply Chain Shaman

JULY 31, 2024

How should a global manufacturer make a decision? In short, the research tells me that the manufacturing industries are stuck. In contrast, for a global manufacturer, the answer is more complex. What is the role of make, source, and deliver? And how can supply chain planning help? What defines a feasible plan?

Supply Chain Planning Software 363

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 363

ToolsGroup

SEPTEMBER 30, 2024

The Aftermarket Landscape: Complexity and Opportunity The aftermarket industry encompasses a wide range of products and services, including replacement parts (such as batteries, tires, and brake pads), performance-enhancing components, accessories and vehicle maintenance and repair services.

Manufacturing Procurement 156

Manufacturing Procurement Optimization Software Supply Chain Planning Software ToolsGroup 156

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. Keith led the work to move P&G from a regional to a global manufacturer opening up the Warsaw center of planning excellence and outsourcing IT to HP. Discontinued in 2011.

Procurement Analytics 337

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 337

Enterra Insights

DECEMBER 17, 2024

They write, “This includes tackling bigger issues such as compliance, supplier relationship management, risk and disruption, responsible sourcing, and transparency. IoT devices track inventory in real time, providing valuable insights into stock movement, reducing waste, and ensuring products are available when needed.”

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

SYSPRO Smarter ERP

MARCH 13, 2025

Advances in automation, sensors, analytics, and other technologies have made significant changes in manufacturing. A modern manufacturing ERP system will make use of these technologies so that their benefits can be realized. Two major transformational changes have occurred in manufacturing.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Today, this network operates with less capacity and ballooning inventories.

Supply Chain Network Software 272

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 272

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Let’s Be Customer Centric. What can we learn?

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

SYSPRO Smarter ERP

NOVEMBER 18, 2024

Automotive distributors play a vital role in the automotive supply chain by procuring parts, warehousing them, and then supplying them to OEMs (original equipment manufacturer), retailers or end consumers. The data can be used to identify inefficiencies in the supply chain, improve inventory management, and streamline operations.

Automotive 98

Automotive Optimal Sourcing Purchasing Skills Manufacturing Procurement 98

Supply Chain Shaman

FEBRUARY 1, 2024

Each is customized and runs on separate servers. Rolling up a perpetual inventory signal takes eleven hours. Through the use of a NoSQL unified data model, the company is able to now move data within 15-minute increments improving the data flow for inventory availability to improve allocation and ATP processing.

Supply Chain Planning Software 340

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 340

Supply Chain Shaman

JANUARY 21, 2014

Companies are stuck at the intersection of inventory turns and operating margin. Let’s start with these: Demand Sensing: The reduction of time to sense purchase and channel takeaway. For the purchase of Tide at Walmart to translate to an order at P&G, the time is 5-7 days. Nine out of ten supply chains are stuck.

Supply and Demand 326

Supply and Demand Modeling Demand Planning Software Forecasting 326

Logistics Viewpoints

DECEMBER 12, 2022

This manufacturer produces plastic reusable material handling containers and plastic fuel tanks. They also are also one of the largest distributor in the US of tools, equipment and supplies for the tire and wheel service industry. Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 261

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. Smarter purchasing to outpace competitors. Safety stock is used as a buffer to hedge against uncertainty.

Forecasting 295

Forecasting Forecasting Software Modeling Supply Chain Planning Software 295

Supply Chain Shaman

JUNE 3, 2024

similarly, over 95% of manufacturers invested and implemented supply chain planning, but their primary tool today is Excel. How does the plan tie to the balanced scorecard of growth, inventory health, operating margin, customer service, and Return on Invested Capital (ROIC)? ” Does the Dog Hunt? (The Makes sense.

Supply Chain Planning Software 341

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 341

ToolsGroup

FEBRUARY 24, 2025

It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation. Given todays volatile market conditions, companies must adopt more advanced forecasting techniques to improve resilience and customer service. Image source: Stefan de Kok 2.

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. The result was restatement.

Supply Chain Design Software 315

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 315

Logistics Viewpoints

MARCH 9, 2023

Commerce is global and regional at the same time, the world is getting smaller and more interconnected, and Consumer Packaged Goods (CPG) manufacturers operate in this build-anywhere and sell-anywhere market. Here we have compiled a list of the top six challenges that CPG companies face in the post-pandemic market.

Supply Chain Planning Software 282

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 282

BlueYonder

FEBRUARY 14, 2023

The following are the insights gained from my discussion with Sunil Roy , who leads Blue Yonder’s Industrial Manufacturing Industry Strategy, during a recent Blue Yonder Live and executive customer events that we prepared for jointly. Previously, companies would have their localized customers and suppliers in a few main markets.

Manufacturing Procurement 141

Manufacturing Procurement Material Savings Inventory Reduction Cost Reduction Strategies 141

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

Logility

AUGUST 12, 2021

But there is good news: a convergence of process, data, and technology provides the real-time and predictive visibility needed to optimize supply chain planning, ensuring food manufacturers can build resilience now and for the future. Advanced Inventory Management. Preparing for Market-Driven Demand.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

Enterra Insights

NOVEMBER 14, 2024

I define supply chain resilience as: The ability of an organization to deliver reliable and consistent results for revenue, margin, customer service, and quality in the face of demand and supply variability. ” • Implement digital and automated manufacturing. Another EY analyst suggestion involves procurement.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning 130

Supply Chain Shaman

SEPTEMBER 27, 2021

Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Current State of Visibility. Your wallet has a social security or a passport number. Close this gap.

Supply Chain Planning Software 332

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 332

SYSPRO Smarter ERP

JANUARY 13, 2025

The food and beverage industry is a dynamic, ever-evolving sector in which manufacturers are continuously seeking ways to optimize production and reduce costs in the face of shifting consumer demand and preferences. Thats a tall order for food and beverage manufacturers.

Optimization Software 52

Optimization Software Supply Chain Planning Software Manufacturing Procurement Beverage 52

BlueYonder

MARCH 17, 2025

And it provides retailers and direct-to-consumer (D2C) manufacturers with limitless access to shoppers around the world. The explosive growth of e-commerce also creates significant logistics challenges for retailers and D2C manufacturers. They must track inventory, orders and returns in real time, at all times.

Optimal Sourcing 94

Optimal Sourcing Real-time Visibility Logistics Network Optimization Software Supply Chain Planning Software 94

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain.

Supply and Demand 384

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 384

Supply Chain Shaman

SEPTEMBER 17, 2014

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. How do you balance the trade-offs between source, make and deliver?

Optimal Sourcing 302

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 302

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. With companies producing more and more products worldwide, the issue of keeping track of enormous amounts of parts and materials used in the manufacturing process has grown increasingly complex.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

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. Fulfillment operations can use data from IoT trackers to better pinpoint the key indicators that lead to better reliability and efficiency in their services.

Supply Chain Planning Software 298

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

Supply Chain Shaman

JUNE 30, 2023

The CFO believes that the supply chain should be efficient, the CIO wants to standardize on fewer applications, and the Chief Operating Officer wants to improve customer reliability, but the team does not realize that their leadership puts the supply chain leader in the crosshairs of the executive team. Let’s focus first on John.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 322

Logistics Viewpoints

APRIL 26, 2021

While demand from many customer’s decreased, some of their customers did place unexpectedly large orders and needed those orders fulfilled quickly. Demand uncertainty does make it much more difficult for a supply chain to respond to customers’ orders. Shipping of finished products is done from the manufacturing sites.

Supply Chain Design Software 287

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Czech Republic 287

Supply Chain Shaman

NOVEMBER 9, 2014

The team was organized around the functional silos of source, make and deliver. Proudly, I had led my division to have the lowest manufacturing costs with the highest Return on Assets. I also believed that this company would have the best inventory and customer service. It had been this way for over two decades.

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

Logistics Viewpoints

APRIL 10, 2023

Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. The Franklin Sports Supply Chain 75% of Franklin Sports goods products, by revenue, are produced by third party contract manufacturers. Jennings’ name. When she joined, Ms. Initially, Ms.

Security 272

Security Supply Chain Planning Jordan Forecasting 272

Logility

APRIL 17, 2023

As a manufacturing leader, you’re faced with constant disruptions, labor shortages, and the threat of job loss — time is of the essence. of supply chain managers using Excel spreadsheets to manage your inventory and supply chain, it’s time to make a change. If you’re one of the 67.4%

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 130

Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 98

SYSPRO Smarter ERP

MAY 10, 2022

With a manufacturing operation based on Assemble-to-order (ATO) , success hinges on being able to get products to customers quickly. There has to be tight control over inventory, and production planning and scheduling need to ensure product delivery. How ERP helps Assemble To Order (ATO) manufacturers.

Manufacturing Procurement 111

Manufacturing Procurement Procurement Solutions Optimal Sourcing Inventory Management Software 111

ToolsGroup

DECEMBER 17, 2020

We saw this right at the start of the pandemic, when parts being manufactured in Wuhan province disrupted car manufacturers’ production lines around the world. How supply chain disconnections disrupt service. Common disconnects like these ultimately translate to high supply chain costs and poor customer service.

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 275

Clear Spider

OCTOBER 21, 2024

Now’s the time for businesses to look back at the strain that rising inflation put on their supply chains and inventory management. In this blog, we’ll explain the impact of rising inflation rates on inventory and supply chain management. As prices continued to rise, purchasing power plummeted.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Purchasing Skills 52

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 284

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 284