Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Shaman

MAY 1, 2014

As hospitals adopted consignment planning programs, inventory progress slowed. The turns are the lowest of any industry, and despite investments in technologies and processes, inventory turns have only improved 3%, and Cash-T0-Cash (C2C) cycles have declined 4%. This precipitous drop in margin hurts. Companies are feeling pain.

Supply Chain Planning Software 290

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 290

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

Logistics Viewpoints

APRIL 14, 2022

Supplier problems will cause a cascade of problems up and down the value stream, leading to supply order delays that cause inventory shortages, production disruptions, missed shipments and lost revenue. The user should also have easy access to related attachments and reference documents.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 225

Supply Chain Shaman

MARCH 3, 2013

It was called multi-enterprise inventory optimization. In the beginning, the inventory management solutions of LogicTools , Optiant and SmartOps pushed to take operations research to a new level through supply chain optimization. SmartOps was purchased by SAP. They knew little about the software market. It is no more.

Supply Chain Planning Software 218

Supply Chain Planning Software Modeling Optimization Software SAP 218

Supply Chain Shaman

FEBRUARY 16, 2024

The market is flooded with references to AI, but few stop to give a definition. Or mine supplier shifts to build alternate buying plans. How about you? Before reading this post, consider reading my prior blog post, Don’t AI This. Let’s Start With Clear Definitions My inbox is full. Test and Learn.

Supply Chain Planning Software 388

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 388

Supply Chain Shaman

JUNE 14, 2018

Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence. Today, over 90% of companies have deployed ERP and APS, but as shown in Table 1, inventory levels have grown not decreased in over 80% of industries studied. Days of Inventory by Industry Across Years.

Optimal Sourcing 173

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 173

Supply Chain Shaman

FEBRUARY 14, 2022

Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. Industries carried on average 32 days more inventory in 2020 than in 2007. (I Mistake #3. My challenge?

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

JUNE 20, 2014

The implementations were longer, the purchase costs were higher, and the functionality was less robust and lacking flexibility. The SAP team has built an incredible system of record to enable flows from ERP to SCP, but has failed to deliver a solution to deliver SCP planning excellence. I did not see it.

Supply Chain Planning Software 303

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 303

Supply Chain Shaman

JUNE 14, 2014

In Figure 1, I share a composite orbit chart of progress of Cisco Systems, Intel, Samsung and Flextronics on the Effective Frontier at the intersection of inventory turns and operating margin for 2006-2012. However, no company in this chart is on a linear path towards improving both margin and inventory turns. What can we learn?

Optimal Sourcing 285

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 285

RFgen

DECEMBER 27, 2024

You’re juggling production schedules, managing inventory, keeping an eye on finances, and making sure everything runs smoothly on the shop floor. Think of it as the central nervous system of your operation, connecting everything from production planning and inventory control to supply chain management and financial reporting.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Inventory Management Software 75

GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. No Purchase Orders were used.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

Supply Chain View from the Field

MARCH 1, 2013

Students of supply chain and logistics know that when the topic of supply chain excellence and inventory management prowess comes up, the companies that comes to mind first are Walmart and Toyota. Now it seems like Walmart is the next paragon of excellence that is falling. What are customers supposed to buy?”

Inventory 88

Inventory Eliminating Excel in Purchasing Supply Chain Design Inventory Management 88

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Logility

APRIL 26, 2022

based supplier of fashion blanks transforms its demand and inventory management with Logility. One of the leading wholesale producers and sellers of premium quality blank apparel in the United States, Next Level Apparel has implemented the Logility® Digital Supply Chain Platform to modernize its demand and inventory planning processes.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Inventory Management Software 130

Supply Chain Shaman

MAY 18, 2019

I spent time this week completing reference calls on the use of S&OP technologies. Based on the reference calls, I am not sure that this will be possible. Dependency on Excel. Due to the shortfalls in the evolution of Advanced Planning, 68% of business users use Excel spreadsheets as the primary mechanism for planning.

S&OP 180

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 180

Enterra Insights

DECEMBER 4, 2019

… The one issue retailers should we wary of — if this trend tracked by Coresight holds true — is ending up with too much inventory on their hands after the holiday season, if they’re planning to sell more than what ends up being the case. As Thomas pointed out, inventory management is especially critical during the holiday season.

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

Kinaxis

SEPTEMBER 8, 2014

They have piloted the process in Excel and know that they need an enterprise level solution for a global roll-out of S&OP. The issue is that none of their IT investments in the last 10 years have moved the needle on operational metrics such as inventory levels, case fill rates, and other operational metrics. Their words.

Supply Chain Planning Software 261

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

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Logistics Viewpoints

MARCH 27, 2023

When companies talk about improving their forecasting, they are most often referring to demand forecasting. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. This increases sales. Doing this, increases the benefits.

Forecasting 204

Forecasting Forecasting Software Modeling Optimal Sourcing 204

Supply Chain Shaman

OCTOBER 2, 2020

When he talks and refers to the basics, his team usually rolls their eyes. Foundational to supply chain excellence is the reliability of delivery, quality, and service. The Sleep Number Story of Supply Chain Excellence. Historic processes are inside-out tightly integrated to orders and purchase orders. The reason?

Customer Service 295

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 295

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

Logistics Bureau

FEBRUARY 14, 2022

After all, some people prefer to learn by reading, and in any case, you might find the transcripts helpful to cement the critical points of the interviews in your mind for future reference. 3 Things Supply Chain Pros Get Wrong in Inventory Thinking. Rob: So, Deborah, what are some things that people get wrong with inventory?

Inventory 91

Inventory Forecasting How To Supply Chain Planning 91

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

Precoro

OCTOBER 6, 2022

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

Manufacturing Procurement 80

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 80

Supply Chain Shaman

AUGUST 21, 2015

In this report, I list 35 vendors and share the strengths and considerations based on demonstrations, discussions with references and my discussions with clients. In addition, 85% of the vendors in the multi-tier inventory optimization market that I wrote about in 1995, are now part of larger platforms. It is just too easy.

S&OP 150

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Design Software 150

The Logistics of Logistics

MARCH 13, 2021

MetaExperts are talent operational excellence (OpEx) hands-on-deck, training, and get-it-done partners. Effective refers to “producing a desired or intended result.”. Efficiency refers to “achieving maximum productivity with minimum wasted effort or expense.”. About MetaOps and MetaExperts. High Responsiveness.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Price Reduction Waste Reduction 130

RFgen

DECEMBER 19, 2024

Choosing the right inventory management software , often referred to as an inventory control system, can be the difference between a well-oiled, profit-generating operation and one plagued by costly mistakes and inefficiencies. Modern inventory management solutions have evolved far beyond basic stock counting.

Inventory Management Software 57

Inventory Management Software Analytics Software Supply Chain Planning Software Forecasting Software 57

My Office Apps

JULY 19, 2024

Mastering Inventory Accuracy with Catch Weight Management: What Exactly is Catch Weight? We’ll explore how Kechie ERP software simplifies operations across various transactions, ensuring accurate inventory calculations and seamless workflows.

Procurement Solutions 98

Procurement Solutions Supply Chain Planning Software Inventory Management Software Manufacturing Procurement 98

Unleashed

SEPTEMBER 2, 2024

Purchase order (PO) systems are software tools that help you manage the end-to-end purchase order process. They streamline procurement workflows by automating key tasks such as purchase order creation, approval, distribution, and tracking. What is a purchase order system? How do purchase order systems work?

Procurement Solutions 52

Procurement Solutions Inventory Management Software Procurement Analytics Supply Chain Planning Software 52

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.”

Supply Chain Planning Software 256

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 256

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA. Our Rating: 5/5 4.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 100

USC Consulting Group

APRIL 1, 2020

Sales, Inventory & Operations Planning (SIOP) is a dynamic process in which the company’s operating plan is updated on a regular monthly or more frequent basis. Another contribution of Sales, Inventory & Operations Planning is that it enables the company to fine-tune its long-range strategic plan and annual business plan.

Inventory Reduction 75

Inventory Reduction Resource Reduction Supply Chain Planning Software Material Savings 75

GlobalTranz

AUGUST 3, 2015

You may opt to organize your business into an independent third-party logistics provider (3PL), or you may want to purchase software for tracking, monitoring, and processing all of your needs. However, you must factor in the cost of purchasing an ERP system and compare it to the cost of purchasing an individual TMS , or SCM system.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Procurement Solutions 120

Unleashed

DECEMBER 6, 2021

With inventory management and other software features built for the wholesale environment, you’ll be able to work towards success in a number of ways: improved profit margins by holding a lean inventory, optimising inefficiencies to cut labour costs, better strategic decision making through data… the list goes on.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

Logistics Viewpoints

NOVEMBER 30, 2020

Finally, inventory accuracy can never be as high in a store as in a warehouse. According to Mr. Valdez, there were four critical improvement initiatives spanning inventory management, transportation, automation, and operational excellence. A buyer now “purchases for one business.” Target charges $9.99

Procurement Analytics 100

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 100

ShipBob

OCTOBER 24, 2022

You never really know how it will all turn out, yet you need to be able to answer questions like these: How many units of inventory do you need to have on hand to be at full stock for each SKU? How often do you project to replenish inventory ? Demand forecasting allows businesses to optimize inventory by predicting future sales.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130