Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. China was the source of over 90% of PPE.) The airline industry? And, in consumer products industries, the latency of syndicated data is deadly. Instead, use demand sensing technologies to detect patterns with minimal latency into inventory requirements. What to do?

Supply Chain Planning Software 442

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 442

Logility

MAY 3, 2021

S&OP integrates plans for every department , combining the needs and opportunities facing customer support, sales, marketing, development, manufacturing, sourcing, and financial into one tactical strategy. This offers instant insight into the impact on revenue, manufacturing capacity, and inventory levels. S&OP Defined.

Inventory Reduction 246

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 246

Supply Chain Shaman

SEPTEMBER 13, 2023

Unfortunately, the industry is full of a lot of Anna(s) and her friends, the doubting Thomas (s). In the industry, supply-centric techniques reign with lots of bravado and messaging on control towers, Demand-driven Materials Requirements Planning (DDMRP), and generative AI. Most of the industry is composed of doubting Thomas(s).

Supply and Demand 388

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 388

Supply Chain Shaman

MAY 25, 2024

This data source synchronizes corporate reporting across global markets while tracking restatements, name changes, and currency shifts.) Lenovo posts a 2% average margin compared to the industry average of 6%. The second part of the story is that inventory turns for Lenovo are 10.8, We purchase data from Y charts. (A The secret?

Eliminating Excel in Purchasing 321

Eliminating Excel in Purchasing Gartner Supply Chain Design Supply Chain Strategy 321

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 322

Supply Chain Shaman

JULY 31, 2024

In short, the research tells me that the manufacturing industries are stuck. What is the role of make, source, and deliver? Define a proactive approach and the value/economies of scale of planning manufacturing/transportation and sourcing together. I am also writing the new edition of the Supply Chains to Admire.

Supply Chain Planning Software 326

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 326

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

Logistics Viewpoints

FEBRUARY 14, 2024

To examine supply chain management priorities, performance, and anticipated trends, APQC conducted its 10 th annual Supply Chain Management Priorities and Challenges research, including a survey of more than 350 supply chain professionals from around the world and across multiple industries. For more information on the research, click here.

Supply Chain Planning Software 272

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 272

Logistics Viewpoints

FEBRUARY 20, 2024

Optimal sourcing plant is different for different periods A baseline optimization model shows that depending on the period (month), the optimal sourcing location varies. While this sourcing strategy is the most cost-effective one, the business might not want to operate like that. In scenario #1 the horizon is 12 months.

Sourcing Strategies 253

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 253

AIMMS

MARCH 30, 2020

T he apparel industry, for instance, is bracing for a prolonged period of low activity. There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources. Study 3: Identify Optimal Sourcing Locations .

Supply Chain Disruption 348

Supply Chain Disruption Supply Chain Design Software Scenario Planning Supply Chain Planning Software 348

ToolsGroup

JULY 13, 2023

A significant addition to our Inventory Hub® product, Dynamic Fulfillment leverages advanced optimization logic to determine what to ship, from where, in real-time, to reduce shipping costs, improve margins, and satisfy empowered customers. This is why ToolsGroup is thrilled to announce the launch of our Dynamic Fulfillment solution.

Optimal Sourcing 291

Optimal Sourcing ToolsGroup Optimization Software Network Optimization 291

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. When we compare the results of P&G to its peer group for 2012-2021, P&G outperforms in inventory turns and margin but underperforms in growth and asset utilization. Was this by design? My reasoning?

Procurement Analytics 341

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 341

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. He founded FourKites in 2014 after recognizing pain points in the logistics industry and designing elegant and effective systems to address them. And what is sitting in the warehouse. And at the cross-dock.

Rail Software 201

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 201

Logistics Viewpoints

JULY 24, 2024

The report, which comprised 310 respondents, provides a cross-industry snapshot of the current state of RPA in supply chain, including the likelihood of implementation as well as the benefits and obstacles surrounding RPA deployment. Many technologies are implemented as a source of cost cutting.

Supply Chain Software 266

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Inventory Reduction 266

Supply Chain Shaman

APRIL 30, 2020

The problem is that there is no clear supply chain leader in the pharmaceutical industry. The industry, with a typical operating margin of more than 20%, lags the distribution capabilities of other industries. The companies are just not good at managing inventories and orchestrating distribution strategies.

Supply Chain Design Software 356

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 356

ToolsGroup

APRIL 20, 2022

Whatever industry you’re in, you’re probably facing a swell of attrition, as 41% of the global workforce considers quitting. Source: Fortune. #3: Source: Fortune. Know-How: Holding on to long-time employees helps limit the loss of industry and company-specific expertise and knowledge. The dreaded labor shortage.

Sourcing Strategies 194

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 194

Logistics Viewpoints

JULY 23, 2024

Collaborative discussions can help identify relevant data sources and metrics that capture the end-to-end supply chain process and align with overall business goals. Leveraging their industry knowledge and experience will streamline the process of identifying and collecting the data needed to fuel AI-driven insights and decision-making.

Optimal Sourcing 261

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 261

ToolsGroup

JUNE 17, 2021

Distribution industry supply chains have always been squeezed between manufacturers and their customers; facing increased competitive threats, escalating SKU counts, and expanding ecommerce. Right-sizing inventory. Avoiding inventory overages and shortages begins with a better forecast, but also requires a smarter inventory strategy.

Forecasting 295

Forecasting Forecasting Software Modeling Supply Chain Planning Software 295

Logistics Viewpoints

AUGUST 5, 2021

We must plan, source, make, and deliver differently for supply chain sustainability. These examples address the source, make, and deliver areas of supply chain. Similarly, increasing the efficiency of planning and reducing waste will lay a firm foundation for greener sourcing, manufacturing and delivery. Buffering creates waste.

Supply Chain Planning Software 314

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 314

Supply Chain Shaman

JANUARY 25, 2024

With slim margins and ever-increasing inventories, companies invested less in capital assets. Today, this network operates with less capacity and ballooning inventories. The industries in this value chain lack resilience. Here I offer three starting points: ESG Initiatives Need to Focus on Inventory. Customer Service.

Supply Chain Network Software 275

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 275

ToolsGroup

JULY 19, 2023

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. In short, they help users make better decisions, much faster, resulting in improved financial performance, inventory efficiency, and customer satisfaction. Get the insights you need.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

ToolsGroup

SEPTEMBER 29, 2022

Improving inventory position can help retailers secure consumer loyalty and capture impulse spending. Across other retail sectors, customers have increased their trust in inventory availability from 1-7%. In July 2022, IHL and ToolsGroup surveyed U.S. consumer trust in retailers over the last two years as a result of out-of-stocks.

ToolsGroup 156

ToolsGroup Optimal Sourcing Study Groups 156

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. Companies struggle to have the right inventories.

Supply Chain Planning Software 264

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 264

Supply Chain Shaman

NOVEMBER 15, 2021

Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Yes, a single year offsets twenty years of poor margins for a struggling industry. Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. profit for Q3 on $16.6B Time For Action.

Supply Chain Design Software 288

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 288

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. The need for better inventory control is critical for companies who want to deliver for customers and maximize profits, despite market volatility and disruption.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

DELMIA Quintiq

SEPTEMBER 28, 2023

This is where inventory meets the supply chain. How the food Industry can optimize its supply chain for festivals Many event planners and teams focused on the supply chain may also wonder about possible food or beverage shortages. How do you keep food plenty and mugs full?

Optimal Sourcing 333

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Optimization 333

ToolsGroup

JANUARY 13, 2021

We’ve found our customers are urgently seeking ways to better plan around supply chain demand volatility and improve how they source materials and products from suppliers. Supply chains will get more regional and focus more on alternate sourcing/ substitution options. Companies will also look to shorten and localize supply chains.

Supply Chain Planning Software 272

Supply Chain Planning Software Predictive Analytics Software Supply Chain Planning Scenario Planning 272

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

The Logistics of Logistics

SEPTEMBER 25, 2023

He has extensive experience in the industrial supply chain and distribution space, as he was recognized as a Supply Chain Pros to Know by Supply and Demand Chain Executive in 2021, 2022, & 2023. Industrial Distribution business unit. Reduces duplicate materials and centralizes inventory to improve efficiency and reduce costs.

Optimal Sourcing 266

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 266

Supply Chain Shaman

DECEMBER 7, 2023

Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality. I am currently doing research on inventory management. Today, this is not the case. Yes, I think so.

Supply Chain Design Software 319

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 319

Logistics Viewpoints

JANUARY 11, 2024

If you can’t see what’s truly going on at any moment in time across your supply chain, you’ll make yourself vulnerable to lost opportunities, lost income, lost inventory, lost shipments, and eventually, lost customers. Our mission and core values are the foundation of our culture and guiding source in our interactions. So, what next?

Supply Chain Planning Software 254

Supply Chain Planning Software Supply Chain Network Software Analytics Software Forecasting Software 254

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Technology can have a significant impact on supply chains, but supply chain digitization still lags behind digitization of other areas of business across many industries. Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Logistics Viewpoints

MARCH 8, 2021

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. Belcorp, like most companies in their industry, has quite a complex supply chain. In 2018, they implemented a LLamasoft inventory optimization solution.

Supply Chain Design Software 281

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 281

Supply Chain Shaman

SEPTEMBER 5, 2022

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. My take away?

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

Logility

NOVEMBER 13, 2020

You can be proactive and use c ausal f orecasting to leverage data you already own, model additional data sources that could help explain demand variability… or do nothing. . As such, c ausal f orecasting is much more than basing inventory positions and replenishment schedules on shipment data. Featured Download.

Forecasting 246

Forecasting Forecasting Software Supply Chain Planning Software Price Reduction 246

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. He felt that inventory was no problem, he would just cut it at the end of each quarter to make the balance sheet goals.

Agile and Lean Supply Chain 297

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 297

Freightos

JUNE 15, 2021

When that stopped, the industry found itself in a crunch and within just months, prices took off by some 400%. Even if you don’t care about world economics or how the logistics industry operates, this is important. But freight is a trillion-dollar industry, and no one wants it to collapse anytime soon. Credit: Lufthansa ).

Global 411

Global Supply Chain Price Reduction Supply and Demand 411