Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Over the last decade the use of Terra Technology’s DS product improved short-term demand forecasts by 37% at 13 consumer products, and food and beverage companies.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. The first step was to charter a research project with the Arizona State University statistics department to analyze which combination of metrics drives the highest market capitalization. The result? The reason?

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

Supply Chain Shaman

FEBRUARY 18, 2013

They each lag in their understanding of supply chain excellence, and are now struggling to build effective supply chain teams. On the webinar, when the participants were polled on the reason for rising inventories, over 50% of respondents indicated that it was the lack of an executive understanding of supply chain excellence.

Pharmaceutical 170

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 170

Enterra Insights

MARCH 17, 2022

“Reach out to other departments about ways to collaborate on sustainability initiatives, and talk to your executive team to gain buy in.” Translating corporate targets into specific team goals and building them into each function’s performance metrics helps embed sustainability into regular workflows.” The post St.

Supply Chain Design Software 147

Supply Chain Design Software Eliminating Excel in Purchasing Material Savings Waste Reduction 147

Supply Chain Shaman

AUGUST 12, 2024

The sad thing is that most companies will never know because they are blindly measuring the wrong metric and driving a supply-centric agenda. The days of the functional manager focused on OEE (Operational Equipment Efficiency) and POV (Purchase Price Variance) need to end. Consider the image in Figure 2 of a pet food manufacturer.

Waste Reduction 195

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 195

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. Food Drive-Thru Experiences. Foundational to supply chain excellence is the reliability of delivery, quality, and service. The Sleep Number Story of Supply Chain Excellence.

Customer Service 312

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 312

Supply Chain Shaman

FEBRUARY 27, 2020

I think one of the huge problems is that US-centric food companies (Kellogg, General Mills, Smucker’s, Conagra etc.) Older men buy less underwear than younger males and their packaging was not as attractive to the female shopper buying for the family. Rules, engines, policies and metrics need to align.

Analytics Software 247

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 247

Logility

APRIL 7, 2020

In a much broader context, the byproduct of this work will be lasting innovation that informs design, production and distribution excellence for years. At the same time, start a frank discussion about which metrics matter right now. Perhaps purchase price variance and budget adherence should take a back seat to customer service.

Innovation 147

Innovation Supply Chain Planning Software Supply Chain Design Software Logility 147

Kinaxis

SEPTEMBER 8, 2014

I was on a call last week with a large company in the food and beverage space that has spent $100s of millions, and many years, on an ERP deployment. They have piloted the process in Excel and know that they need an enterprise level solution for a global roll-out of S&OP. However, excellence in corporate planning matters.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Modeling Software 261

Supply Chain Shaman

MARCH 21, 2022

Food instability in Africa could be an outcome because Russia and Ukraine supply 29% of worldwide wheat exports and 17% of corn with significant exports to the middle east and Africa. Over 93% of companies use Excel Spreadsheets to develop their plans. Functional metrics introduce risk and throw the supply chain out of balance.

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

GlobalTranz

APRIL 16, 2018

There is no doubt, that the retail landscape is increasingly looking like an online one as traditional brick-and-mortar retailers, such as Toys R Us, Foot Locker, and Best Buy mobile shutter hundreds of stores unable to keep up with the changing customer that wants fast, free delivery all with just a click of a button. trillion, a 3.8

Prescriptive Analytics Software 161

Prescriptive Analytics Software Supply Chain Planning Software Retail Analytics Software 161

Supply Chain Shaman

JUNE 6, 2015

I was an avid student of supply chain excellence; and in this role, I watched as best-of-breed solution after best-of-breed solution replaced with more complicated technology. In food and beverage companies, I think that we are at a supply chain crisis. Consumers do not trust big brand supply chains to deliver healthy food.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

JANUARY 18, 2016

Customers are buying less. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. Success of New Business Models. Disintermediation. The difference?

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

SCMDOJO

AUGUST 10, 2024

Moreover, they help them track their performance against key metrics and identify areas where they can improve. Watch how to use this Logistics KPI Dashboard Excel Template by SCMDOJO Conclusion for Improving Logistical Efficiency In conclusion, optimizing logistical efficiency requires a holistic approach that encompasses various strategies.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Strategies Resource Reduction Inventory Reduction 98

Supply Chain Insights

AUGUST 29, 2017

It matters not what your metric is, you get the same results: too much of our trade spend goes down the drain, doesn’t it? As Willie Degel, founder and CEO of Uncle Jack’s Steakhouses and noted Food Network star says, “If you can’t SEE the problem, you can’t FIX the problem!”.

Supply Chain Planning Software 95

Supply Chain Planning Software Forecasting Software Predictive Analytics Software Modeling Software 95

Talking Logistics

APRIL 12, 2017

Logistics Excellence: Now & in the eFuture. getting buy-in from drivers and other stakeholders) and implementing appropriate metrics to measure and drive performance.). Will this include drone deliveries? DescartesEvolution keynote by Ed Ryan, complete with drone! pic.twitter.com/rDXqt2Q7rV.

Supply Chain Planning Software 139

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software 139

Supply Chain Shaman

MARCH 15, 2016

Process industry leaders–chemical, consumer packaged goods, food/beverage–have greater issues using data, with software usability, and building effective connections to align and build effective relationships with trading partners. The processes are largely batch, using data with great latency (orders and purchase orders).

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

Unleashed

NOVEMBER 26, 2020

How to calculate Safety Stock levels in Excel. You can calculate safety stock levels in Excel by setting up your spreadsheet as per the image below. The safety stock formula can be calculated in Excel with a simple table. Column E is the average number of days it takes to receive goods of that type once you place a new order.

Examples 98

Examples Manufacturing Procurement How To Eliminating Excel in Purchasing 98

Supply Chain Game Changer

MARCH 26, 2021

It can also assist in determining specific metrics that affect the business. When repair work or fuel purchases are needed for fleet operations , some people make their decisions based on factors such as convenience or time investment. Seek Volume Discounts and Company Fleet Programs for Recurring Expenses.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 98

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. ERP analytics also facilitate the management of the purchasing process through the requisition approval workflow, streamlining procurement activities.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. This is achieved by helping business owners determine the right time to restock their items or purchase materials for production.

Inventory Reduction 105

Inventory Reduction Expense Reduction Cost Reduction Strategies Inventory 105

ShipBob

APRIL 9, 2025

Custom packaging, branded inserts, and personalized gift notes can go a long way in delighting customers and encouraging repeat purchases. Speeding up customer refunds or exchanges to maintain trust, enhance customer satisfaction, and encourage future purchases.

Warehousing 52

Warehousing Supply Chain Design Software Optimization Software Examples 52

Enterra Insights

JUNE 24, 2022

This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.” Barcodes play a central role in giving companies the visibility they need to control costs and provide an excellent customer experience.”

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

BlueYonder

MAY 18, 2023

Meaning sustainability is a factor that’s helping to power every part of a business, powering operational excellence in a supply chain allows businesses to make good decisions through planning and forecasting, predictive analytics, operational efficiencies, transparency, and even workforce excellence.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Supply Chain Network Software 88

Supply Chain Matters

APRIL 28, 2023

Supply Chain Matters provides the second in a multi-part series addressing the renewed importance of production planning and operational excellence in this very uncertain and constantly changing business environment. Refocusing on Operational Excellence In the previous section, we identified a number of drivers for operational efficiency.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

Unleashed

JANUARY 24, 2022

For example, you may look after PPE and office equipment in-house but have a supplier of maintenance equipment monitor this inventory on your behalf who raises purchase orders when stocks are low. Identify identical or similar MRO inventory stock items to determine if spending can be reduced through bulk purchases.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Unleashed

OCTOBER 6, 2021

Set reorder points for your most frequently purchased items As your business grows, it can be difficult to keep track of the right time and stock level at which to reorder more products. Setting reorder points for the most frequently purchased items can help significantly improve inventory efficiencies and save costs.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain View from the Field

OCTOBER 4, 2015

Other indicators included data pulled from the Federal Reserve economic database, the Producer Price Index, the Purchasing Managers Index, as well as internal metrics such as the size of the company’s own sales force. For example, do we have the information on when we are buying energy – during peak hours or not?

Procurement Analytics 60

Procurement Analytics Predictive Analytics Predictive Analytics Software Optimal Sourcing 60

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. It is becoming more common for food & beverage companies, for instance, to collect, clean and reuse boxes, bottles and barrels.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

6 River Systems

JUNE 29, 2020

Consumer demand across many product categories experienced a sudden shift, as well, with demand for essential products like food, cough medicine, disposable gloves and toiletries increasing sharply, while demand for non-essentials like clothing and jewelry declined sharply. ” — Michael Varney and Wil G.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Supply Chain Shaman

FEBRUARY 25, 2016

This issue is that the orders have inherent order latency (The time for customer purchases to translate to manufacturing orders). There is a belief that the efficient response—the tightly integrated lean supply chain—defines supply chain excellence. Orders do not represent market demand. If this is you, don’t accept the status quo.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Unleashed

OCTOBER 16, 2023

It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. While budgetary restrictions can stop you from taking advantage of volume discounts offered through bulk purchasing, holding too much inventory ties up cash flow that could be better used elsewhere in the business.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Alloy

OCTOBER 3, 2023

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. Commerce has changed since Retail Link was released, one of the major changes being omnichannel fulfillment.

Procurement Analytics 52

Procurement Analytics Analytics Software Forecasting Software Predictive Analytics Software 52

ThroughPut

JUNE 19, 2024

How much should you produce or purchase at a time? This question plagues decision-makers in the Food & Beverages (F&B) industry. In the US alone, food waste totals nearly 106 million tons annually , with retailers, wholesalers, restaurants, and food services contributing the most.

Supply and Demand 52

Supply and Demand Predictive Analytics Software Demand Planning Software Supply Chain Planning Software 52

ThroughPut

APRIL 30, 2024

The What and Why of AI Tools for Supply Chain There is a reason why everyone is talking about AI tools and why people are driven to make impulsive purchases of AI-powered tools. Step 3 – The Metric Selection phase This phase involves identifying key metrics that will help track the actual impact of AI. Read it all here.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

ThroughPut

MARCH 30, 2020

In fact, in the last 6 weeks alone, I have personally been to the front lines of Yokohama, Milan, New York, and San Francisco , working alongside some of the world’s most professionally-committed food manufacturing & distribution, plastics manufacturing, and industrial operations personnel.

Manufacturing Procurement 14

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 14