DELMIA Quintiq

AUGUST 4, 2020

What aerospace manufacturers need is agility in their design and production processes to help mitigate the variability in supply and demand. Additive Manufacturing (AM) is one innovation in which aerospace companies have significantly invested to try to address some of their unique challenges. What are the benefits?

Aerospace 296

Aerospace Material Savings Expense Reduction Cost Reduction Strategies 296

DELMIA Quintiq

APRIL 30, 2020

Many manufacturers depend on impacted networks for their supplies and the strain on planning organizations is jeopardizing business continuity. What are some of the ways that manufacturers might improve their resilience, to address the crisis today and also to prepare for the recovery and the future?

Supply Chain Planning Software 285

Supply Chain Planning Software Scenario Planning Supply Chain Planning Industrial 285

DELMIA Quintiq

SEPTEMBER 17, 2020

The cancellation of this year’s Oktoberfest is another blow to a beleaguered beer industry that’s still reeling from the effects of the global health crisis. The popularity of Oktoberfest goes beyond all borders and normally the beer industry as a whole would benefit; but this year there won’t be much going on.

Modeling 296

Modeling S&OP Supply and Demand Scenario Planning 296

ToolsGroup

SEPTEMBER 30, 2024

The automotive aftermarket industry is facing a series of complex challenges as it evolves. This sector is driven by several factors, including the ageing vehicle population, the rise of e-commerce platforms , and technological advancements in vehicle manufacturing. With a projected global market value of USD 568.19

Manufacturing Procurement 156

Manufacturing Procurement Optimization Software Supply Chain Planning Software ToolsGroup 156

Logistics Viewpoints

AUGUST 10, 2020

A Hi-Tech Company’s Control Tower Helped It Better Manage Air Cargo During the Worst Days of the Pandemic In 2014, one of the world’s largest high-tech manufacturers started thinking about a digital transformation that would help them better serve their customers while also generating operational efficiencies.

Manufacturing 274

Manufacturing Real-time Visibility Cargo Inventory 274

The Logistics of Logistics

JUNE 14, 2024

trillion distortion inventory problem. Karl is the CEO and Co-founder of Pull Logic , an AI-enabled tech company focused on reducing lost sales for retailers, brands, and manufacturers due failure points in the supply chain and selling processes. Karl Swensen and Joe Lynch discuss solving the $1.8 Summary: Solving the $1.8

Inventory Reduction 227

Inventory Reduction Inventory Inventory Management Software Modeling 227

DELMIA Quintiq

JANUARY 11, 2021

The global wire and cable manufacturing industry is slated to be valued at US $232 billion by 2025 at an annual growth rate (AGR) of approximately 5 percent. However, gradually complex manufacturing environments may prove to be a challenge for those who struggle with demand forecasting accuracy.

Modeling 268

Modeling Scenario Planning Optimization Modeling Supply Chain Optimization 268

ToolsGroup

SEPTEMBER 26, 2023

Fabrizio Fantini, Founder and CEO of Evo commented, “Together with ToolsGroup, we can shape the vision for the supply chain of the future – one that powers smarter supply chain decisions for human managers through optimal price and inventory calculations.

ToolsGroup 296

ToolsGroup Prescriptive Analytics Software Supply Chain Planning Software Modeling 296

ToolsGroup

JANUARY 6, 2022

Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. These businesses often collect tires of high quality as spare inventory and do not have the infrastructure in place to sell them. It’s time to re-think how our products are manufactured and distributed.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

Supply Chain Shaman

JULY 19, 2020

They rock back and forth in improving singular metrics but struggle to improve a portfolio of growth, margin, inventory performance, and asset utilization. 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 415

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 415

Logistics Viewpoints

AUGUST 9, 2022

While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management?

Inventory Management Software 246

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 246

ToolsGroup

OCTOBER 14, 2024

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Service level plays a pivotal role in the aftermarket industry, directly impacting customer satisfaction and loyalty.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. The first story is about a large regional food manufacturer.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

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

APRIL 15, 2020

This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain. Figure 1 shows a market-by-market planning model by a sinus drug manufacturer. This type of planning needs to be deployed by all consumer manufacturers.

Supply Chain Planning Software 440

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 440

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 360

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 360

Logility

SEPTEMBER 12, 2024

From retail and food and beverage to manufacturing and life sciences, companies from a wide variety of industries are realizing the benefits of the technology, revolutionizing how they operate, collaborate, and generate value. Take, for example, the retail industry.

Supply Chain Planning Software 198

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 198

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. Keith led the work to move P&G from a regional to a global manufacturer opening up the Warsaw center of planning excellence and outsourcing IT to HP. The supply chain is a complex non-linear system.

Procurement Analytics 339

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 339

Supply Chain Shaman

JULY 31, 2024

How should a global manufacturer make a decision? In short, the research tells me that the manufacturing industries are stuck. In contrast, for a global manufacturer, the answer is more complex. Define a proactive approach and the value/economies of scale of planning manufacturing/transportation and sourcing together.

Supply Chain Planning Software 323

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 323

GlobalTranz

NOVEMBER 17, 2021

Stronger freight volumes are expected as pent-up demand from consumers, retailers, and manufacturers reaches an apex. Prioritize freight by gaining insight into inventory needs, distribution network, and consolidation opportunities. The post Peak Shipping Season Update: What’s Driving Change in the Industry? Download Report.

Shipping 232

Shipping Cost Reduction Strategies Industrial Industry 232

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Today, this network operates with less capacity and ballooning inventories.

Supply Chain Network Software 273

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 273

DELMIA Quintiq

SEPTEMBER 14, 2023

Medical Device manufacturers face an increasingly dynamic and intricate landscape. Innovative personalized manufacturing approaches have emerged, yet many organizations struggle to fully realize their potential in this rapidly evolving race.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

ToolsGroup

JULY 27, 2021

On the surface, it seems like the consumer packaged goods (CPG) industry performed better than most during the COVID pandemic. But for this high SKU count industry where demand is as unpredictable as New England weather, the condition of many consumer goods supply chains is far from rosy. Make Sure Your Inventory is Healthy.

Agile and Lean Supply Chain 290

Agile and Lean Supply Chain Supply and Demand Supply Chain Planning Software Gartner 290

ToolsGroup

APRIL 17, 2024

The recent eP Summit conference, the Pitti Immagine event focused on the latest digital and technological innovations tailored for the fashion industry, featured approximately 800 specialized operators and an extensive program of roundtables and presentations.

Supply Chain Design Software 294

Supply Chain Design Software Waste Reduction Supply Chain Planning Software Inventory Reduction 294

DELMIA Quintiq

MAY 11, 2022

Steel plays a crucial role in almost all industries—even in those where its application is not as apparent. The food industry, for instance, depends on steel for its use in building greenhouses. For example, old steel used in an industrial context can be recycled into consumer products such as home appliances, automobiles and more.

Material Savings 317

Material Savings Supply Chain Planning Software Optimization Software Analytics Software 317

Supply Chain Shaman

APRIL 30, 2020

The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. However, supply chain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm. Supply Chains to Admire Analysis for the Pharmaceutical Industry.

Supply Chain Design Software 355

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 355

Supply Chain Shaman

FEBRUARY 1, 2024

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. Rolling up a perpetual inventory signal takes eleven hours. Contract Manufacturing Signal Latency. On average, it takes 2.8

Supply Chain Planning Software 342

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 342

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 385

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 385

DELMIA Quintiq

SEPTEMBER 16, 2021

Meeting these objectives, on top of addressing existing industry challenges, requires steel manufacturing companies to become more efficient and flexible in their operations—and this means optimizing their master production schedules. As your steel manufacturing operations transform, so too will the complexity of your planning needs.

Optimal Sourcing 287

Optimal Sourcing Supply Chain Optimization Network Optimization Optimization Software 287

Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. The result was restatement.

Supply Chain Design Software 316

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 316

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

Supply Chain Shaman

DECEMBER 27, 2022

McKinsey promises improved agility (not defined) with up to a 30% reduction in operational cost and a decrease in inventory of 75%. (I The technology is the easy part, but making a conscious choice on inventory deployment is challenging for companies. The industry is currently at a stalemate. Digital Supply Networks.

Supply Chain Software 405

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 405

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. Here are just a few examples: Predictive maintenance: In manufacturing, predictive analytics supports predictive maintenance. That’s an increase from 17% in 2017.

Supply Chain Planning Software 298

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

Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The Company focused primarily on retail planning and wanted to extend its capabilities into a consumer products manufacturing solutions offering. Bear with me. What Is a Forecast Anyway?

Supply and Demand 373

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 373

The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. Industrial Distribution business unit. Reduces duplicate materials and centralizes inventory to improve efficiency and reduce costs.

Optimal Sourcing 265

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 265

Supply Chain Shaman

JULY 6, 2020

Frank, the line manager for manufacturing, dominated the meetings. 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. The analysis includes over 700 companies across 28 industry sectors.

Agile and Lean Supply Chain 297

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

Supply Chain Shaman

JUNE 21, 2023

Due to travel restrictions, I cannot attend many industry events, so I observe from home, watching webinars and remote broadcasts. ” I believe that the industry is stuck. With more than forty-five years of experience in the industry, I struggle with the lack of progress and the current level of Groupthink. The reason?

Gartner 361

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 361