Supply Chain Shaman

JANUARY 2, 2024

January 2023 started my journey fighting the healthcare system to understand my symptoms which lead to surgery in June. We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. This is despite investment in people and technology. ” Figure 2.

Gartner 295

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 295

Unleashed

MARCH 26, 2023

If you’re running a product business and using Xero for your accounting, you’ll need to implement some form of inventory management. While the platform offers some inventory features of its own, many businesses will require something with greater functionality. Do you need integrated Xero inventory software?

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

ThroughPut

JUNE 17, 2024

Moreover, trying to extract valuable and timely insights from sprawling spreadsheets and complex software often adds to the frustration rather than alleviating it. Of course, new and advanced technologies are now offering answers to most of these challenges, if not all. These issues make the task incredibly taxing.

Optimization Software 52

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

Logistics Viewpoints

DECEMBER 14, 2021

To keep customers like my dad satisfied, RGD and Quick-commerce companies need to invest in new technologies to optimize the supply chain and logistics operations. These technologies are often invisible to the end-user but make a big difference in keeping the promises about product availability, freshness, and speed of delivery.

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 195

SCMDOJO

JUNE 6, 2023

With the right supply chain tools at your disposal, you can streamline operations, boost productivity, and save valuable time. Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 97

Supply Chain Shaman

FEBRUARY 26, 2024

Over the next five weeks, seventy business/technology and consulting leaders will complete the course. Can you describe the outside-in model? Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. Most of the models are supply-centric with no place to put channel data.

Modeling 210

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 210

RFgen

JANUARY 23, 2023

Overview: What is mobile device inventory management? With so much information out there about inventory management best practices, it can be hard to determine what steps to take to make improvements. Mobile inventory systems are a proven “must-have” solution for enhancing materials management. bn through 2026.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Modeling Software 52

Supply Chain Shaman

DECEMBER 28, 2020

By combining leadership and technology, I believed that we had the opportunity to create a better supply chain. The gap is the result of the stewpot of corporate politics, misguided consultants, and over-hyped technologies. When compared to pre-recession years, we ended the decade with twenty more days of inventory. I was wrong.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

ThroughPut

JUNE 4, 2024

Effectively Managing inventory is a common challenge for many supply chain and manufacturing professionals. Without proper inventory management, businesses can face stockouts, overstocking, and increased operational costs, which can impact profitability and customer satisfaction. What Is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

Unleashed

DECEMBER 15, 2021

Days Sales of Inventory (DSI) is a key measure to help you understand how efficient your inventory management is. Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. How do you calculate Average Inventory?

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

DELMIA Quintiq

MARCH 30, 2023

This is what it’s like for manufacturers with siloed operations that lack visibility—especially in industries with more complex products such as Industrial Equipment. Why does Industrial Equipment need MCT? In such conditions, you would be lucky to reach your destination without delays or even reach it at all.

Manufacturing 156

Manufacturing Real-time Visibility Supply Chain Planning Software Industrial 156

GlobalTranz

APRIL 8, 2015

New, innovative technology platforms have greatly sped the expansion and evolution of transportation as well as logistic solutions. Most notably are we seeing technology platforms that improve and simplify the users by means of integrating partners and using collected data. We call this SaaS TMS model Hybrid SaaS TMS.

Supply Chain Network Software 120

Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software Modeling Software 120

Supply Chain Shaman

JANUARY 9, 2024

In retrospect, I find that technology is an enabler, but only if we are clear on what defines supply chain excellence. The industry struggles with groupthink. The industry is awash with ex-execs advising companies, speaking at events, and consulting. An average margin of 21% with inventory turns of 1.58

Supply Chain Planning Software 306

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 306

ModusLink Corporation

SEPTEMBER 7, 2023

Inventory Management Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Sadly, most of it is the wrong inventory. Despite spending 1.1%

Supply Chain Planning Software 365

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 365

Logility

JUNE 23, 2023

They’re stuck with inaccurate forecasts, ending up with too much or too little inventory, missed orders, and unsatisfied customers. Rather than relying solely on historical data, causal forecasting models also incorporate various factors or causal variables that can influence the forecasted quantity. What are Causal Models?

Forecasting 190

Forecasting Forecasting Software Modeling Predictive Analytics Software 190

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. AI-based tools already help automate routine tasks and assist decision-making processes across various sectors.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Shaman

JULY 19, 2020

Leaders design a response based on the business model. The supply chain is complex non-linear system that is easily thrown out of balance through a focus on functional metrics. In each industry sector, there is an amazon-like effect in progress, and it is the newer, and smaller, organizations that adapt to capture market share.

Supply Chain Design Software 425

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 425

ThroughPut

MAY 3, 2024

That is why logistics management software (LMS) is so much more today than what it used to be. In this blog, we’ll tell you what the evolution of a LMS has been and what you should look for while choosing the best Logistics Management Software. What is Logistics Management Software And How Does It Work ?

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

Supply Chain Shaman

FEBRUARY 1, 2024

This is why I host training twice a year to challenge existing technology paradigms. I will share insights as we go along) The Word Salad Shuffle In the industry, I feel that there is a lot of word salad–consultants and technologists spinning words with little meaning to drive leads. Yes, the class is now closed. Back to John.

Supply Chain Planning Software 354

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 354

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Reducing Reliance on Outdated Systems and Technology .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

Supply Chain Shaman

SEPTEMBER 28, 2022

Navigating through the turmoil is unprecedented: there are no easy reference models to guide behavior. Ford, historically has been an industry laggard in the automotive sector and, with this focus, will continue to be a laggard in the future. Results in the Automotive Industry for the period of 2012-2021. What is the issue?

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

SCMDOJO

APRIL 29, 2024

In this comprehensive guide, we’ll explore the key components of supply chain management, best practices, and how they can be tailored to specific industries. We’ll also delve into the importance of technology and data analytics in optimizing supply chain operations.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 90

Enterra Insights

DECEMBER 12, 2019

Manufacturers have historically found themselves at the cutting edge of technological advances. The term “industrial revolution” pays homage to this fact. It’s surprising, then, to read stories encouraging manufacturers to jump aboard the Digital Age technology bandwagon. ” Technology and Industry 4.0.

Analytics Software 100

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 100

Locus

MAY 20, 2024

If there is one industry that continues to scale robustly, it is Retail. BOPIS – Buy Online Pick Up In Store BOPIS is an omnichannel fulfillment model that enables customers to order their preferred products online and pick them up from the nearby physical outlets. A recent survey forecasts that retail sales will soar to $32.76

Logistics Network Optimization Software 98

Logistics Network Optimization Software Inventory Reduction Cost Reduction Strategies Retail 98

DELMIA Quintiq

SEPTEMBER 10, 2019

The question that seems to get asked more often than not is to talk about how many industrial applications we can name for machine learning. Process-Based Machine Learning – A Complex Systems Engineering Solution. That my friends is a system as represented by the image (March 2019) above. Well, frankly that’s the wrong question.

Supply Chain Design Software 149

Supply Chain Design Software Predictive Analytics Software Modeling Software Industrial 149

Supply Chain Shaman

FEBRUARY 14, 2022

The model in Figure 1 became the foundational model for the Gartner S&OP model. Forty interviews and two quantitative studies helped me build the model in my mind. Sales and Operations Maturity Model from 2005-2008. At the time, I was fascinated how the most mature teams bucked the system. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Inventories increased by 44% due to supply chain volatility. Inventories grew year-over-year by 43%. Coming off a period of high growth, companies are struggling with margins and inventory. See the pattern?

Supply Chain Planning Software 221

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 221

Supply Chain Shaman

APRIL 1, 2015

I am speaking this morning at the Terra Technology conference and doing a book signing of my new book, Supply Chain Metrics That Matter. In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. Selling licenses does not translate into implemented software.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Network Design Software Optimization Software 150

ThroughPut

MARCH 27, 2024

The Evolution of Retail Supply Chain & Logistics: A Pre-AI Overview In the pre-AI era, the retail sector was markedly different, especially since the traditional supply chain and logistics models were largely driven by manual labor. AI technologies are deeply impacting retail supply chains.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

Logility

AUGUST 7, 2017

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. Functionally isolated metrics lead to sub-optimized supply chain performance.

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

GlobalTranz

JULY 20, 2015

With the purpose of optimizing supply chain efficiency and asset recovery rates, applying a reverse logistics system has increasingly become a tool that positively impacts profitability as well as assisting an organization in meeting sustainability goals. 6 Benefits of an Effective Reverse Logistics System. Increased velocity.

Reverse Logistics 120

Reverse Logistics Supply Chain Planning Software Supply Chain Network Software Optimization Software 120

Supply Chain Shaman

JULY 25, 2021

I find the industry complicit. To make the point, let me share an orbit chart for four industries (reference Figure 1). While some might claim that the industry made progress, the facts show that the industry margin decreased precipitously in three of the four industries shown. How could the industry spend 1.7%

Procurement Analytics 370

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