New Horizon Supply Chain Blog

DECEMBER 8, 2022

Introduction: Why Inventory Balancing? Inventory balancing (also called inventory rebalancing), the periodic transfer of inventory from supply chain locations with too much inventory to locations with too little, is an underutilized supply chain tactic. In such cases, inventory balancing is often the best option.

Boston 52

Boston Inventory Reduction Research Inventory 52

ThroughPut

MAY 3, 2024

From a manufacturing perspective, the best logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. It now shares similarities with Supply Chain Management Software (SCMS), to help deal with manufacturing operations, processes, vendors and suppliers.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

Logistics Viewpoints

DECEMBER 5, 2022

The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. Molex has more than 80 manufacturing facilities around the world supported by an 18,000 strong supplier eco-system that provide raw materials, electronic components, and services. The Molex Supply Chain. Keys to Success.

Agile and Lean Supply Chain 222

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 222

Logistics Viewpoints

AUGUST 22, 2023

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. Why is this shift such a big deal? We don’t have to think back very far. Lesson learned.

Real-time Visibility 202

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 202

Logility

MARCH 13, 2023

Most B2B and B2C brands believe faster order processing, more frequent inventory planning, and “good enough” promise dates can help avoid this situation. As a result, it is all too easy for product orders to exceed inventory availability, leading to overpromised fulfillment and delayed delivery.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Demand Planning Software Inventory Reduction 130

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. My question is, “Why?” Background. Growth requires cash.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Logistics Viewpoints

FEBRUARY 26, 2024

This DC supplies that hospital and Cooper’s other facilities. The health care system’s primary distributors deliver supplies every morning to this DC. Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source.

Supply Chain Planning Software 281

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 281

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. The first story is about a large regional food manufacturer.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Logistics Viewpoints

OCTOBER 19, 2023

The issue wasn’t poor planning – they had the inventory. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. Customer service couldn’t call the DC, only email them, and her emails weren’t getting responses.

Supply Chain Planning Software 259

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 259

Logistics Viewpoints

JUNE 26, 2023

Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning. The stock rebalancing skill is designed to enable Mars to optimize DC to DC shipments.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 233

PINC

APRIL 29, 2020

The global pandemic has thrown manufacturers, distributors, and retailers into a mode that most have never experienced before. live/drop, type of inventory, type of equipment, load status, etc.). Previously, the driver would be waiting in the lounge to talk to the DC after completing check-in.“ – L.

Demand Planning Software 147

Demand Planning Software Logistics Network Optimization Software Inventory Reduction Supply Chain Software 147

ToolsGroup

MARCH 1, 2018

By using data to stock items with higher forecasted demand, they can reallocate cash that would normally be tied up in poorly performing inventory, avoid margin erosion from markdowns and dead stock, and increase overall on-shelf availability metrics. Engineer Profit.

Inventory Reduction 189

Inventory Reduction Retail Inventory Supply Chain Planning Software 189

Supply Chain Shaman

JUNE 29, 2022

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements?

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

GlobalTranz

JULY 24, 2015

Supply chain management in manufacturing is by no means a simple process, but the United States is learning from past mistakes and they're poised to start playing a little catch-up in the manufacturing world due to their expertise. Government Weighs In on Supply Chain Management in Manufacturing. The Numbers Are In.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Manufacturing 120

Supply Chain Game Changer

NOVEMBER 8, 2022

With the design of any product or service it is necessary to establish viable and reliable sources of supply. That is the job of the Procurement team. Wisely chosen these suppliers will also serve as a source of competitive information and competitive advantage. Inventory Positioning. This has an upside and a downside.

Supply Chain Design 114

Supply Chain Design Supply Chain Planning Supply Chain Strategy Manufacturing Procurement 114

GlobalTranz

DECEMBER 8, 2015

If you are a manufacturing company or distributor, you most likely are using a warehouse or distribution center to make sure you are able to store inventory, replinish store fronts, and easily send goods to customers or receive goods for manufacture or distribution. A slot can be part of a shelf or the entire shelf.

DC 120

DC Warehousing Supply Chain Design Software Supply Chain Planning Software 120

GlobalTranz

MAY 26, 2021

For instance, goods move from the customer to the distributor or to the manufacturer. The manufacturing firm would then have to organize shipping of the defective product, testing the product, dismantling, repairing, recycling, or disposing of the product. If the product is defective, the customer would return the product.

Reverse Logistics 223

Reverse Logistics Material Savings Logistics Network Optimization Software Logistics 223

ThroughPut

SEPTEMBER 20, 2024

The client thus faced the following major challenges related to DC shipment management. Skyrocketing Logistics Costs Fuel costs are at an all-time high, and when coupled with the rising scarcity of DC labor, are frequently causing logistics costs to overshoot estimates by far. How to Optimize Retail Logistics to Reduce Costs?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Logistics Network Optimization Software Supply Chain Optimization 52

Logistics Viewpoints

FEBRUARY 9, 2023

One of the first things people ask when investigating voice picking and other mobile applications for their DC is “how will the new applications work with my existing systems?” The fact is that most DCs have installed voice-directed mobile applications with host or legacy packages and made the decision later whether to upgrade to a new WMS.

Optimization Software 181

Optimization Software Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 181

NC State SCRC

JUNE 27, 2019

Ian is an expert on warehouse automation, and shares his insights on how you need to get started in thinking about technology and robotics in your warehouse or manufacturing operation. Sandwiched between warehouse and distribution center, manufacturing is where the value gets added. Improving Performance in Manufacturing.

Manufacturing Procurement 40

Manufacturing Procurement Supply Chain Software Optimal Sourcing Warehousing 40

Kanban Logistics

SEPTEMBER 20, 2023

Some retailers have ‘preferred’ logistics partners that enjoy privileges like the ability to drop trailers off at a DC without an appointment. To take advantage of this privilege, some carriers without preferred status will cross dock their products with a preferred 3PL, which then drops the trailer at the retailer’s DC.

Warehousing 52

Warehousing 3PL Logistics Network Optimization Software Manufacturing Procurement 52

o9 Solutions

MAY 26, 2021

In particular, the landscape is being challenged with a number of fundamental drivers: The changing consumer preferences with the move towards fresh, natural/organic/healthy, convenience foods and locally sourced products but at the same time looking for value. as well as external drivers (weather, interest rates, new housing starts….),

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

In particular, the landscape is being challenged with a number of fundamental drivers: The changing consumer preferences with the move towards fresh, natural/organic/healthy, convenience foods and locally sourced products but at the same time looking for value. as well as external drivers (weather, interest rates, new housing starts….),

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Logistics Viewpoints

FEBRUARY 17, 2022

The retailer is large and doing a lot of volume out of its DC, not to mention the rapid growth brought on by the recent pandemic. In the case of this retailer, all its major operational aspects – such as directed put away, replenishment, and inventory management – were running just fine. Supply chain planning tools.

Optimization Software 226

Optimization Software Supply Chain Design Software Price Mitigation Strategies Supply Chain Planning Software 226

BlueYonder

AUGUST 31, 2021

This creates many challenges for retailers and manufacturers who either fulfill orders themselves or contract with third-party logistics (3PLs) partners to perform these services. Retailers and manufacturers now expect their 3PL partners to deliver better, faster and cheaper services while providing additional value-added services.

3PL 72

3PL Optimal Sourcing Trends Logistics Network Optimization Software 72

The Logistics of Logistics

JUNE 23, 2022

In addition, retailers are struggling to move inventory initially ordered in the first quarter of 2022 to make way for back-to-school and holiday merchandise. With Russia exporting many critical commodities, Deloitte explained, there are insufficient raw materials for supply and manufacturing use.

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 239

BlueYonder

SEPTEMBER 19, 2023

TMS adoption is growing rapidly for manufacturers, retailers and logistics service providers (3PLs, 4PLs and 5PLs) — as well as the carriers they partner with. The WMS allows logistics teams to see the status of orders, inventory, labor, robotics, physical assets, trailers…the list goes on. annually and is expected to reach $31.18

Logistics Network Optimization Software 84

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Supply Chain Network Software 84

Aera Technology

OCTOBER 30, 2018

by Kaushal Dave, Vice President of Cognitive (AI) Solutions, Aera Technology The problems that pervade inventory management are well known: Excess inventory languished in warehouses, tying up millions of dollars in working capital. planning, procurement, production, distribution and fulfillment. It’s a losing battle.

Inventory Management Software 64

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory Reduction 64

Kanban Logistics

SEPTEMBER 24, 2020

Some retailers have ‘preferred’ logistics partners that enjoy privileges like the ability to drop trailers off at a DC without an appointment. This enables the non-preferred carrier to skip the appointment process as the preferred 3PL simply drops the trailer at the retailer’s DC. Manufacturing logistics services. retailers).

Warehousing 52

Warehousing 3PL Logistics Network Optimization Software Manufacturing Procurement 52

Logistics Viewpoints

FEBRUARY 28, 2022

Having an agent detect how long it takes to ship from a supplier site to a manufacturing facility, and then doing a running calculation on how the average lead time is changing, is trivial math. A better forecast leads to carrying less inventory while maintaining or even improving service levels. But that was pre-COVID.

Optimal Sourcing 300

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 300

The Network Effect

DECEMBER 5, 2014

Retailers, distributors and manufacturers are forced to choose the approach they hope will make them the most profit. How much should be purchased? This is a weekly forecast at best, and is from the DC to the store. Only immediate customer requirements are drawn from the protective inventories upstream.

Supply Chain Software 175

Supply Chain Software Forecasting Software Forecasting Supply Chain Network Software 175

Logistics Bureau

OCTOBER 6, 2024

They consider factors like demand forecasts, inventory levels, and production capacities to create efficient production and distribution plans. It includes all supply chain activities from manufacturing to delivery, helping businesses understand profitability at a granular level.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 70

Unleashed

APRIL 27, 2022

With material costs rising and the drive towards sustainable practices in full swing, the circular supply chain has become an attractive way for manufacturers and sellers to manage their supply chains in a more environmentally friendly way – and save costs in the long term. So how do you close the loop on your supply chain?

Material Savings 96

Material Savings Waste Reduction Cost Reduction Strategies Resource Reduction 96

Supply Chain Shaman

JULY 21, 2022

To help, we analyze business results each year to understand which companies outperform on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) over the past ten years. The processes of make, source, and deliver reports to a common leader in only 40% of businesses. Congrats to all.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

GlobalTranz

SEPTEMBER 13, 2018

Primary Challenges in an E-Commerce Shipping Strategy Developing an e-commerce shipping strategy is about more than just considering e-commerce; e-commerce may include the omnichannel purchases in which customers use a variety of online and in-store devices and experiences to make a final decision and complete a purchase.

Price Reduction 181

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 181

Supply Chain Opz

JUNE 1, 2014

Manufacturing systems and regulatory compliance are considered to be very complex, coupled with the limited number suppliers due to the high barriers to entry. Moreover, the aircraft manufacturers have to do whatever it takes to win the order long before the commencement of production.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

The Logistics & Supply Chain Management Society

JULY 14, 2021

We had to break them up into a lot of different modules, such as production management, order management, procurement, MRP, etc. Disconnected algorithms won’t work, because you lose visibility, and then to compensate, you need armies of planners and inventory buffers. extra inventory. And that’s a huge problem.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Network Software Optimization Software Network Optimization 130