Logistics Bureau

DECEMBER 4, 2023

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. Another takeaway is the importance of warehouse layout as an enabler for inventory management excellence.

Inventory Reduction 75

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 75

Arena Solutions

OCTOBER 10, 2024

Succeeding at Strategic Sourcing With Arena and Part Analytics Learn more about the integration between Arena and Part Analytics here. Full transcript below: Heatherly Bucher Welcome to our session on Succeeding at Strategic Sourcing. Engineering and sourcing professionals build the platform for engineering and sourcing.

Analytics Software 60

Analytics Software Negotiating Skills Sourcing Strategies Purchasing Skills 60

Locus

AUGUST 5, 2024

According to a study by Accenture, businesses with most mature supply chains are 23% more profitable, and they are six times more likely to use AI and generative AI widely for creating business value in their logistics and supply chain operations. When it comes to AI in logistics and supply chain management, the data is clear on this.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Modeling Supply Chain Software Agile and Lean Supply Chain 52

Supply Chain Game Changer

MARCH 18, 2021

Excellence, or superiority, is often the goal in corporate organizations. Each and every function, within its own right, strives for excellence and achievement in order for a company to collectively grow, evolve, and thrive. Achieving excellence seldom comes easy. A fatal misconception.

Eliminating Excel in Purchasing 61

Eliminating Excel in Purchasing Optimal Sourcing Procurement Solutions Procurement 61

Supply Chain Shaman

MAY 26, 2023

In a recent study, roughly 1/3 of respondents were familiar or very familiar with the concepts of the Graph Approach. Like Linus clinging to his blanket, supply chain teams make most of their decisions on Excel spreadsheets. Or a unified data model across source, make, and deliver for planning? The So What And Who Cares?

Optimal Sourcing 345

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 345

Logistics Viewpoints

DECEMBER 1, 2022

Source: Descartes Datamyne. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. In the same ecommerce study, over 72% of consumers experienced a delivery failure over a three-month period. Figure 1: U.S. Container Import Volume Year-over-Year Comparison. Somewhat nailed it.

Predictive Analytics Software 228

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 228

NC State SCRC

APRIL 2, 2023

The term “COE” is often a commonly heard term in supply managers’ vernacular, but it’s interesting to note that Centers of Excellence as an organizational entity have been around for more than fifty years – and evolved first in the form of what was called “shared services”.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

ivalua

AUGUST 21, 2022

– Actions on the products and services purchased. – Actions on the way you buy. This means having an integrated decision-making tool to avoid having to compile multiple new data sources, new Excel files, new software, etc. Source new suppliers with a low carbon footprint. Take action with suppliers.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Material Savings Supply Chain Design Software 130

Supply Chain Shaman

JULY 25, 2021

In fact, in our Supply Chains to Admire analysis, we find that this is true in twenty-five of twenty-eight industry sectors studied. Trade-offs of commercial programs with source, make, and deliver to maximize value to the customer and improve margin.). No company met the criteria in seventeen of the twenty-six sectors studied.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. Data source: eMarketer. eCommerce Purchases and “The New Normal” Retail Categories.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Supply Chain Shaman

JUNE 3, 2024

My 67 quantitative studies over the past decade do not support the value. similarly, over 95% of manufacturers invested and implemented supply chain planning, but their primary tool today is Excel. and digital supply chains. Did these investments drive value? I don’t think so. Will they prove valuable in the future?

Supply Chain Planning Software 345

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 345

Supply Chain Shaman

SEPTEMBER 13, 2023

The issues are largely rooted in politics and the lack of clarity on supply chain excellence. Or planned orders to purchase orders?) Go to the source. In one of the case studies, a manufacturer reported that they had 1700 employees with the term “data” in their title, but they lacked insights.

Supply and Demand 388

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 388

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

ThroughPut

MARCH 28, 2024

As per a recent study, AI can help reduce production costs by almost 20% in the agriculture sector! AI powers predictive analytics where trends, preferences and purchasing behaviors are analyzed in-depth that help companies store the right product mix. Another excellent example is that of Beyond Meat. billion in 2024.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Unleashed

AUGUST 11, 2020

Digitising processes provides transparency of these operational processes and will deliver reliable data, allowing manufacturers to make more effective business decisions to maximise productivity and drive operational excellence. Unleashed Software’s Business Intelligence tools are a case in point.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

Bristlecone

NOVEMBER 11, 2024

Studies show that 70% of digital transformation initiatives fail primarily due to insufficient management support and employee buy-in. 5 Effective Communication : Clear, consistent messaging about the benefits of digital transformation is critical for employee buy-in. Effective OCM reduces this risk.

Buyer Training 52

Buyer Training Supply Chain Skills Supply Chain Software Supply Chain Design Software 52

Supply Chain Shaman

MAY 18, 2019

Eerily the case studies sound the same as the ones heard when I completed S&OP research in 2004. And, when it comes to their case studies, I do not find the step change. Dependency on Excel. Excel–while widely used for planning–is not equal to the challenge of modeling complex supply chains. The reason?

S&OP 181

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 181

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

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 312

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

SCMDOJO

AUGUST 10, 2024

Logistical Efficiency in Sourcing, Distribution, and Delivery Local Sourcing: While offering potential environmental benefits, local sourcing introduces complexities like smaller vehicle sizes and less-than-full loads. Balancing consumer preferences for locally sourced products with logistical efficiency is crucial.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Strategies Resource Reduction Inventory Reduction 98

Logistics Viewpoints

APRIL 14, 2022

The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue. He is passionate about the role technologies play in driving supply chain excellence and business growth. Alex Zhong is Director of Product Marketing at GEP.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 237

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

QAD

NOVEMBER 10, 2022

It has most definitely impacted how people buy products of all types and in all industries. Consumers helped push the added sugar label creation several years ago as well as the push for the QR and barcodes that can instantly give a consumer information about the products they buy.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

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. We share this case study in a Q&A format.

Supply Chain Design Software 195

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

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence. Let’s take a closer look at sourcing.

Optimal Sourcing 173

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

Supply Chain Shaman

DECEMBER 4, 2018

In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. Historically, the Rockwell Automation supply chain organization included materials planning and engineering of new products but did not include strategic sourcing. Ernest Nicolas joined Rockwell Automation in 2006.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Logistics Viewpoints

MARCH 1, 2021

The FDA issued an exposure modification order that allows the claim to be made that “scientific studies show that switching completely from conventional cigarettes to IQOS significantly reduces your body’s exposure to harmful or potentially harmful chemicals.”. By December 2019 the system and model were fully live.

Modeling 202

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 202

Jaggaer

OCTOBER 22, 2020

A case study presentation by Youness Taghrichte provided a good example of how JAGGAER customers in the financial services sector are tackling these issues. A case study presentation by Youness Taghrichte provided a good example of how JAGGAER customers in the financial services sector are tackling these issues.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

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. Best Logistics Book for Beginners: 1.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Parallelly, expectations around the overall purchasing experience have also grown steeper. A 2021 McKinsey study, that when delivery times are too long, almost half of omnichannel consumers will shop elsewhere. Aside from route planning and optimisation, some other avenues worth exploring include: Sustainable Sourcing of Goods.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Optimization Software 130

Proxima

FEBRUARY 6, 2020

This is important because today’s consumers care, as they quickly leap from brand to brand, they’re buying the change they wish to see in the world. A recent study showing 80% of global millennial respondents find it important for companies to actively take steps to reduce their environmental impact. Being first matters too.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Retail Optimal Sourcing Supply Chain Design Software 52

EcoVadis

JUNE 13, 2019

Now in our sixth year supporting the SPLC, it did not disappoint: This was the strongest and the most diverse gathering of committed and capable practitioners we’ve ever seen in North America — it felt like a real groundswell of action on sustainable purchasing! Strong Focus on Supplier Practices, and Private Sector.

Procurement Solutions 40

Procurement Solutions Eliminating Excel in Purchasing Material Savings Purchasing Skills 40

Supply Chain Shaman

FEBRUARY 14, 2022

Forty interviews and two quantitative studies helped me build the model in my mind. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. We source this data from Y charts.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

FEBRUARY 27, 2020

In Figure 1, I show results from a recent S&OP study. Older men buy less underwear than younger males and their packaging was not as attractive to the female shopper buying for the family. We established e-commerce tests, studied basket behavior and took the lessons learned to the bricks and mortar displays.

Analytics Software 246

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 246

Logility

JUNE 12, 2023

Consumers are becoming more aware of the environmental and social impact of products they buy, and they are increasingly looking for products that are sustainably sourced and produced. The growing demand for sustainable products and services is another driver of supply chain sustainability.

Material Savings 130

Material Savings Waste Reduction Sustainability Resource Reduction 130

ToolsGroup

NOVEMBER 4, 2022

Source: Insider. It’s possible that in the meantime, consumers have gone elsewhere to make their purchases, and demand has diminished before you could capitalize on it. In fact, when a store is out-of-stock for an item they planned to buy, 21% of consumers will leave and buy the item from a competitor.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

Supply Chain Game Changer

NOVEMBER 23, 2018

Variability of hardware and component sourcing affected production efficiency, causing fulfillment delays and lower customer satisfaction. Utilized advanced sourcing and materials planning to speed fulfillment cycles and improve service levels for increased customer satisfaction. The post A Case Study in Reverse Logistics Optimization!

Optimal Sourcing 43

Optimal Sourcing Reverse Logistics Case Study Modeling 43