Logistics Viewpoints

DECEMBER 2, 2021

import volumes still climbing (see Figure 1), limited processing capacity at key West Coast ports and the International Longshore and Warehouse Union (ILWU) contract expiring next summer, importers will be scrambling to maintain the inventory they need to support the demand increase.

Predictive Analytics Software 333

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 333

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 98

Supply Chain Shaman

SEPTEMBER 20, 2015

How do they buy from you? How do they buy from you?” Spinnaker Management Group asked me to co-present on a demand-driven webinar with SanDisk. Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

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

Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Getting the Right Tools for the Job.

Inventory Management Software 101

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 101

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Unleashed

JUNE 24, 2020

That includes the importance of robust inventory management to retail. Ensuring you don’t fail at order fulfilment begins with understanding your inventory and supply chain. In an increasingly complex eCommerce world, keeping track of inventory is tricky. What is Omnichannel Inventory Management? Clear data visibility.

Inventory Management Software 98

Inventory Management Software Inventory Management Omnichannel Inventory Reduction 98

Supply Chain Shaman

APRIL 16, 2024

The focus is on the platform; in each presentation, the company struggles to answer the question, “What problem do you solve? At the event, presentation after presentation focused on improving engines. Focus on improving operating margin, inventory turns, and revenue/employee simultaneously. in inventory value.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Modeling 221

AIMMS

NOVEMBER 12, 2019

So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. There is valuable time and effort put in by both the supplier and the purchasing party.

Procurement Solutions 156

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 156

ThroughPut

OCTOBER 16, 2022

Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. INVENTORY STRATEGY. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Supply Chain Shaman

OCTOBER 11, 2012

This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. I think that it is time for us to take the litmus test and ask the hard questions, “Have our practices impacted days of inventory? I want to believe.

Inventory Reduction 247

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 247

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. He felt strongly that supply chain leaders knew how to drive supply chain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches. I disagreed.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

Supply Chain Shaman

JUNE 21, 2023

Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. The audience assumes that the presenting company is outperforming. Watching the presentations, I wonder how we became so laser-focused on such a limited view of risk.

Gartner 364

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 364

ToolsGroup

JULY 6, 2021

I suggested a POC as a way to “try before you buy” and mitigate the risks of choosing a supply chain planning solution that doesn’t fit your organization or live up to its marketing materials. For example, let’s say excess inventory is an issue, but you want to ensure whatever solution you choose doesn’t impact your service levels.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Procurement Solutions Modeling Software 156

Supply Chain Shaman

AUGUST 12, 2020

I struggled to manage myself as I settled in elbow-to-elbow with the group to listen to the presentation. When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. During the presentation, I squirmed uncomfortably in my seat. The reason? Is this leadership?

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

Logistics Bureau

DECEMBER 20, 2021

As we are often asked about KPIs for inventory management , that’s what we’re going to focus on in this particular post. You will also understand their notable benefits to the inventory management discipline. 10 Invaluable KPIs to Track Inventory Management Performance. 1: Inventory Turns. million)/2 = 6.76.

Inventory Reduction 79

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 79

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. I find three: organizational design, executive understanding of supply chain, and the lack of a clear definition of an optimization function for supply chain excellence. Clarity of Supply Chain Excellence.

Supply Chain Design Software 312

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 312

ToolsGroup

SEPTEMBER 22, 2021

Over time, I’ve been fortunate to work in groups where both men and women were well represented, and I’ve had excellent leaders who championed my career by giving me the freedom to chart my own path. The truth is women have long been underrepresented in supply chain leadership. Q&A with three inspiring women in supply chain.

Supply Chain Planning Software 177

Supply Chain Planning Software Gartner Supply Chain Software Agile and Lean Supply Chain 177

Supply Chain Game Changer

AUGUST 29, 2019

Do You Want Inventory Turnover Breakthrough? A ghost asset is any asset that meets two conditions: It’s no longer present, working or otherwise usable. It’s still being recorded in inventory and accounting systems. These non-assets linger in inventory and accounting systems, potentially becoming a liability for the business.

Inventory Reduction 65

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Design Software 65

Taulia

JULY 5, 2021

VMI streamlines inventory management and order fulfillment, benefitting both suppliers and buyers. This article elucidates VMI, starting with a concise definition before discussing the difference between VMI and traditional inventory management. What is Vendor Managed Inventory?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Inventory Optimal Sourcing 52

Supply Chain Shaman

SEPTEMBER 24, 2018

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 233

Logility

APRIL 6, 2020

There is a very clear & present danger that exists on the revenue line and this can quickly become an expense problem if not managed appropriately. The focus for all fashion retailers is inventory. Below we will examine inventory + a new retail outlook for 2020. The number one priority is inventory for cash….

Retail 208

Retail Expense Reduction Inventory Reduction Supply Chain Planning Software 208

Kinaxis

SEPTEMBER 10, 2014

Excess and obsolete inventory. When you don’t make what you sell and don’t sell what you make you create inventory. A well-executed sales and operations planning process can transform a company; allowing them to better control inventory and costs while meeting rapidly changing demand pictures. How about excellent planning?

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning S&OP Supply Chain Software 235

Supply Chain Shaman

JUNE 7, 2018

Or agreement on the definition of supply chain excellence. As a result, functional excellence anchors action. The focus is on digitization—automating today’s processes—versus rethinking process excellence based on the art of the possible. In this case, the metrics are operating margin and inventory turns.

Supply Chain Planning Software 231

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 231

ivalua

APRIL 20, 2021

Leveraging purchasing power to capture volume- based pricing within a competitive supply chain builds sticky relationships with healthy suppliers, keeps input costs low, and acts as a hedge against inflation. The reality is, to turn inventory, make the sale, and then collect funds takes most buyers over 30 days. That is easy!

Purchasing Skills 130

Purchasing Skills Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 130

Supply Chain Shaman

NOVEMBER 28, 2016

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. Inventory Turns. Not many companies have cracked this code.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

crisp

SEPTEMBER 29, 2023

Settle, a pioneering cash flow management company, and Crisp, a leading retail data platform, are setting a new standard for operational excellence in the consumer goods industry. Settle’s purchasing suite directly tackles this issue by streamlining and automating the entire purchasing lifecycle.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Supply Chain Design Software Analytics Software 52

Logility

MAY 22, 2020

Users are accustomed to building everything in Excel and manipulating the data as needed for their own particular use, typically using static reports or spreadsheets that are siloed in specific departmental needs. A key first step is to have buy-in at the highest level of the organization. Starting at the Top. Other Suggestions.

Analytics Software 148

Analytics Software Metrics Supply Chain Design Software Supply Chain Software 148

Supply Chain Game Changer

DECEMBER 3, 2019

Featuring Our 10 Best Inventory Management Articles! As I settled into the job and started learning, and studying, the various Supply Chain metrics I was surprised when I looked at the Inventory Turnover performance of the company. There was no mentorship given to promote the team and raise visibility to inventory.

Inventory Reduction 56

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Strategy 56

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. This can include examining everything from inventory management and order fulfilment to warehousing, delivery, and customer service. Optimizing inventory can also be achieved by leveraging technology and data analytics.

Inventory Reduction 119

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 119

Supply Chain Shaman

SEPTEMBER 27, 2021

The secondary problem is the lack of definition of process requirements and a buying team that cannot see past simple MRP/MRP II/DDMRP requirements. This year, the program included presentations from Dollar General, Sleep Number, and Western Digital. Visual Artist Representation of the First Day of the Program.

Supply Chain Planning Software 336

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 336

SYSPRO Smarter ERP

APRIL 22, 2024

The growth of your company is exciting, but expansion can present many new challenges. You lack visibility into your finances Inventory management is challenging and you either find yourself running out of material or overstocking your supplies, tying up cash. Be clear on the costs associated with an ERP purchase.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Supply Chain Planning Software Optimization Software 105

Talking Logistics

SEPTEMBER 13, 2016

If you’re not able to clearly see, examine, impact and manage every aspect of your supply chain and inventory processes – order status, shipments, in-transit goods, trade documents, costs, exceptions and more – you might as well be operating with blinders on. Multi-party shipments are more prone to delays in pick-ups at hand-off points.

Real-time Visibility 100

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Inventory Reduction 100

Logility

JULY 21, 2022

Its products and solutions are sold in commercial and residential markets to B2B and B2C buyers across six continents, presenting unique customer expectations, go-to-market strategies, and planning challenges. . In most cases, companies produce a widget and get revenue from it immediately after the purchase transaction.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 173

BlueYonder

OCTOBER 6, 2023

From the array of presentations shared during the conference, I have distilled several key insights: Fostering Collaboration: Disruptions, such as UAW strikes, COVID-19, and chip shortages, have become the new norm, occurring with greater frequency and magnitude. Short-term visibility at the Purchase Order/ASN level is insufficient.

Waste Reduction 85

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 85

Supply Chain Shaman

FEBRUARY 16, 2024

The discussions are full of vacuous presentations and over-hyped promises. Or mine supplier shifts to build alternate buying plans. Sadly, I don’t feel that we are standing on the shoulders of giants. My concern is the growing knowledge gap between consultants, system integrators, and business leaders. Test and Learn.

Supply Chain Planning Software 390

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 390