This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
She wrote, “I have been working in the supplychain for 35 years, and we are still trying to solve the “demand” issue. Solving from a supply side seems to work for many companies I work with. I know that your primary focus is procurement. Or planned orders to purchase orders?)
The Process of Software Selection. I am constantly amazed that business leaders can engage with technologists month after month (often over eight and sometimes over a year) to select a supplychainplanning system and then call me to ask for help on the decision. The solutions are very different. My struggle?
Good forecasting leads to good demandplanning —and good demandplanning means better profitability. That’s why it’s essential to be sure you’re equipping your organization with the right demandplanningsoftware. To find the best solution for your business, you need the “what” and the “why”.
The question was, “How can I redefine demandplanning processes to use channel data?” ” The next call was with a technology provider. The Company focused primarily on retail planning and wanted to extend its capabilities into a consumer products manufacturing solutions offering. Models Matter.
Companies implementing supplychainplanning (SCP) have traditionally been very big companies or companies with complex supplychains. Supplychainplanning is not just for the big boys. Myers Industries Implements John Galt Solutions.
When you’re perusing luxury handbags online, or testing which cocktail dress suits you the best, you probably don’t pause to consider all the supplychain complexities and analytics required to ensure the fashion items you’re craving are in-stock. shorter product life cycles, and often protracted supply lead times.
“May you live in interesting times,” widely attributed as a Chinese curse, some claim this as a blessing; whichever side you take, this is exactly what’s happening in the supplychain world since 2020, and it looks like we will be living with this blessing/curse for a while longer. Emerging Themes for SupplyChainPlanning.
From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supplychain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supplychain optimization and demandplanning.
The Covid-19 pandemic tested the global supplychain. Like riding a bumpy road, the supplychain leader is riding the ups and downs of changing market conditions facing greater variability day-to-day. Here, based on interviews with supplychain leaders, I share lessons learned. It will not be over soon.
That’s why staying on top of the latest supplychainplanning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supplychainplanning.
The Process of Software Selection. I am constantly amazed that business leaders can engage with technologists month after month (often over eight and sometimes over a year) to select a supplychainplanning system and then call me to ask for help on the decision. The solutions are very different. My struggle?
by Alexa Cheater Outplay your competition with a smarter, stronger demandplanning strategy. Customer demands are changing. So why isn’t your demandplanning strategy? It’s time to level up your demandplanning and experience revolutionary breakthroughs in supplychain performance, planning and profitability.
For the first in seven years, I was not heads-down preparing for The SupplyChain Insights Global Summit. Pre-pandemic only 30% of supplychain leaders were satisfied with their supplychains, and during the pandemic, business leader satisfaction is falling precipitously. Rising Complexity. What To Do?
Clearing the stale inventory has helped the world’s largest retailer relieve pressure on their stores and through their supplychain. In times of high inflation, LIFO alleviates the “inventory profit” that would result if old inventory, purchased at a lower price, was used to calculate profits. DemandPlanning.
Selecting the right supplychainplanningtechnology isn’t simply about solving a current challenge. The implications are much broader–if you implement the wrong software, you hinder your organization’s overall supplychain strategy and business objectives.
In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supplychain excellence. In my post Mea Culpa, I reference my work with the Gartner SupplyChain Hierarchy of Metrics. ” Let’s face it all supplychains have error.
Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supplychainplanning became the most important initiative. . Accurate and timely reconciliation of purchase orders with receipts.
In 2004, I worked with a Midwest North American meatpacker to help define its supplychain strategy. Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. What do I mean? To illustrate, let me share a story.
ERP vs. Best-in-Class for Healthcare SupplyChain Management? Are ERP systems better than best-in-class supplychainsolutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts.
. <Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supplychainplanningsoftware. Let’s face a hard fact: the supplychainplanning market is a mess. The genesis for this post stems from frustration. Research Process.
Nine out of ten supplychains are stuck. The secret to unsticking the supplychain is to redesign processes to be outside-in. The supplychain processes need to be designed from the market back. Supplychain leaders are fluent in the language of supply. Independent Demand.
When it comes to implementing supplychainplanning and operations solutions, success relies heavily upon an organization’s ability to identify and document its desired value measures and outcomes, and to align those with its solutions provider. 1 Co-develop a business case with vendors.
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. This article is from Michael Balint at Solvoyo and looks at the fresh produce supplychain. To read the article, click HERE.
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. The 2021 supplychain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues.
At ToolsGroup, we spend a lot of time working and partnering with our customers to overcome their top supplychain challenges. That’s why we eat, sleep, and breathe innovation and never stop looking for ways to help our customers get the most out of their partnership with us and make their supplychains a force for good in the world.
Leading beauty retailer choose ToolsGroup to optimize inventory and automate omnichannel supplychainplanning across multiple countries. This move automates their omnichannel supplychainplanning and shifts them from a supply-driven to a demand-driven model.
SupplyChain Insights has just started a six month Putting Together the Pieces study on demandplanningsolutions. This report series provides guidance to supplychain leaders in their technology selections. So let’s start with what we’re likely most familiar with, on-premise software.
With approximately 95% of American households relying on products like recyclable aluminum foil, self-sealing wax, freezer paper, disposable bakeware, trash liners, and more, this organization strives for continuous improvement in their supplychain. But what are they really chasing?
Full disclosure: I work for a best-of-breed supplychainplanning vendor so I will do my best to take an unbiased approach as I provide my opinions on how to solve the challenges of planning today’s supplychains with all its complexity and volatility. How free is free software? Does it work?
Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chainplanning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chainplanningsoftware.
The global food and beverage supplychain has been stressed to the breaking point by the COVID-19 Pandemic. Plant shutdowns due to outbreaks of COVID-19 and widespread shortages of imported food products have further aggravated an already stressed out F&B supplychain. The System Challenge (and Solution).
Integrated Planning: Tight Coupling of Enterprise Resource Planning (ERP) to SupplyChainPlanning (SCP). When companies tell me that they need to exchange their current SupplyChainPlanning (SCP) from a best-of-breed provider to get a leg-up, I ask, “Why?” Was it intentional? Or accidental?
As a supplychain leader, he is struggling how to dance in the ring of fire. The ring of fire is corporate politics at the executive level on supplychain performance. Each executive has a different perspective on the definition of supplychain excellence, but they are never discussed and aligned.
Selecting and implementing a new supplychainsolution is a risky career move for any supplychain manager. The wrong solution can cost the company millions and cost the manager their job. The truth is, with a major software selection, both the customer and the vendor are deeply invested in the process.
When making discretionary purchases, I could look at my projection to make sure that if I made that purchase, I would have enough money in the bank, not only now, but at the end of the month when my mortgage and car loan came out. Today’s supplychain professionals need a crystal ball, too. What-if planning.
In early November, my colleague Steve Banker wrote an article looking at the top supplychain trends for 2023 and beyond. Supplychain disruptions have brought about an age of innovation. From a transportation standpoint, this has included major technological advancements. billion in 2019.
VF Corporation is Building a Highly Automated DC on the West Coast. Anytime you have a chance to talk to an executive vice president in charge of the global supplychain of a nearly $12 billion corporation, you know you will learn some things. Cameron Bailey, EVP of Global SupplyChain at VF Corporation, did not disappoint.
Boost Your Business Profits with Efficient Procurement and Inventory Management Software Are you searching for ways to enhance your business’s profitability? One area with significant potential for improvement is procurement. It involves building and managing strong relationships with suppliers.
Enterprise Resource Planning (ERP) solutions are now a dime a dozen. It’s for this reason that careful attention is needed when selecting the right ERP software for your specific business requirements. There are several options of softwaresolutions to meet your supplychain management needs.
As the COVID-19 outbreak progresses, I’ve been watching the effects on supplychains and the impact of true demand (N95 masks) versus hyped demand (toilet paper). Both examples are currently seeing stock-outs, but the toilet paper shortage is more of a logistics issue than a physical supply problem.
The supplychain team was attempting to explain their demand-driven project. I had worked hard to teach the team presenting to talk the language of demand , but it was not understood at the board-room level. Figure 1: SupplyChain Risk Factors. The traditional tools and approaches are not up to the task.
If you’ve been in supplychain for any length time, you might be wondering what caused demand forecasting to develop so many different ‘personalities’ over the years. Demand forecasting, planning, sensing, shaping…what’s going on? DemandPlanning. Demand Sensing.
The most unloved employees in the back office are supplychain planners. As supplychain leaders, I would encourage you to send each of them some love for Valentine’s Day. Each year, when we complete our annual talent survey, we note greater and greater dissatisfaction within the role of supplychain planners.
SupplyChain Job Boards are aplenty, but how do we classify the ones worth our time as SCM Professionals? To help answer this question and reduce time wastage going through multiple platforms, we ran a survey based on recommendations provided by several professionals on supplychain job boards, including those I have tried over time.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content