Logistics Viewpoints

FEBRUARY 25, 2025

Theres no shortage of commentary on how companies should respond move production, shift suppliers, and reconfigure operations are just a few common recommendations. The reality is, you cant just uproot a manufacturing facility and move it overnight, as if it were the floating house in the movie Up, carried away by a bunch of balloons.

Manufacturing Procurement 220

Manufacturing Procurement Inventory Reduction Price Reduction Material Savings 220

ToolsGroup

AUGUST 20, 2021

Looking for a relatively quick way to measure inventory health? “It Even though we’re talking about inventory, we first have to understand customer buying behavior—and how that then translates into inventory requirements.” This is different from problematic ABC inventory classification.

Modeling 317

Modeling Inventory Reduction Inventory Forecasting 317

Logistics Viewpoints

NOVEMBER 20, 2024

Smart energy management systems further enhance efficiency by tracking and optimizing energy use in real-time. In today’s interconnected global economy, sustainability within supply chains and logistics has become a necessity rather than an option. Warehousing operations also offer opportunities for sustainable transformation.

Waste Reduction 280

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 280

DELMIA Quintiq

SEPTEMBER 22, 2021

An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. Types of inventory that can be optimized.

Inventory Management Software 294

Inventory Management Software Inventory Reduction Inventory Management Optimal Sourcing 294

Logistics Viewpoints

JUNE 4, 2024

However, the juice for my newfound nightly routine soon became difficult to find, perpetually out of stock each time I tried to purchase it at the grocery store. With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference.

Inventory Reduction 279

Inventory Reduction Supply Chain Planning Software Waste Reduction Inventory 279

Logistics Viewpoints

OCTOBER 24, 2024

My advice,” he concluded, “is just jump in. Business Network Takeaways While Business Network rolls up into the spend management product development organization, the trading partner collaboration this platform covers extends beyond just sourcing. With that level of investment, one would expect an aggressive product buildout.

SAP 276

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 276

Logistics Viewpoints

OCTOBER 17, 2024

They are no longer just vendors of goods and services. Below is a checklist of key actions to follow: Dedicate Time to Supplier Relationships Reallocate time and prioritize direct engagement with key suppliers. For instance, suppliers may have strong Vendor Management process expertise that will help reduce working capital.

Manufacturing Procurement 276

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 276

Logistics Viewpoints

NOVEMBER 18, 2024

If the team just delivers something to regional executives and they’ve had no input, they question the results. In terms of resilience, the goal is to reduce lead times and increase service levels. This French public multinational was selected as having the best global supply chain by a leading analyst firm.

Supply Chain Design Software 285

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Planning Software 285

Logistics Viewpoints

JANUARY 21, 2025

Volatile markets, global disruptions, and the need for real-time insights are pushing traditional systems to their limits. data extractors, search APIs) to perform tasks, enabling them to dynamically adjust to new information and real-time knowledge sources. Typically, these systems consist of standard-task agents (e.g.,

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 271

ToolsGroup

JUNE 2, 2023

Once upon a time, the world of manufacturing was a relatively stable place. Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. And that’s where real-time perpetual inventory signals come in. Let’s take a closer look.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Logility

DECEMBER 16, 2024

Balancing forecast accuracy with inventory management gets more challenging every day. Artificial intelligence (AI) and rapidly developing generative AI tools provide complex, real-time, and in-depth insights specific to supply chain management. Traditional approaches often divide departments like sales, marketing, and production.

Supply and Demand 192

Supply and Demand Modeling Demand Planning Software Supply Chain Planning Software 192

Logistics Viewpoints

JULY 6, 2022

I did a little digging to find out the specifics about excess inventory, the stated causes, and the potential implications. Retailers’ Inventories – Just Keep your Returns? Michael Burry’s tweet was referencing the CNN article Just keep your returns: Stores weigh paying you not to bring back unwanted items.

Inventory Reduction 291

Inventory Reduction Inventory Retail Purchasing Skills 291

ToolsGroup

OCTOBER 6, 2021

Optimization is peak efficiency, using the perfect balance of inventory and resources to service customer demand without incurring any unnecessary costs or waste. Optimizing is meaningless without an inventory optimization objective. In more buoyant times, more companies may be optimising for revenue to grab market share.

Optimization Software 266

Optimization Software Supply Chain Planning Software Supply Chain Optimization Scenario Planning 266

ToolsGroup

NOVEMBER 7, 2024

As Black Friday rushes past, you may be reviewing your inventory performance, especially if certain items sold out too fast or if slow-movers are now taking up too much space. Even worse, maybe you did have inventory in your network, but it was in the wrong location to meet customer demand.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Forecasting Supply and Demand 156

ToolsGroup

FEBRUARY 24, 2025

It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation. Take Shamir Optical , for example: by automating planning decisions, they scaled operations across 20 locations each with 35,000 SKUswithout adding to their team of just three planners.

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

ToolsGroup

FEBRUARY 24, 2025

It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation. Take Shamir Optical , for example: by automating planning decisions, they scaled operations across 20 locations each with 35,000 SKUswithout adding to their team of just three planners.

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

Logility

JUNE 5, 2024

This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels. Enter Inventory Optimization (IO) as a vital strategy to combat supply chain stress. Yet, recent research suggests a more advanced approach, Multi-Echelon Inventory Optimization (MEIO), surpasses traditional methods.

Optimal Sourcing 185

Optimal Sourcing Inventory Reduction Inventory Management Software Modeling 185

Logistics Viewpoints

FEBRUARY 17, 2025

To improve their operations, they installed autonomous mobile robots in their warehouse. According to a survey of 250 global companies by the consulting firm McKinsey, 91% of shippers and 75% of logistics service providers have implemented a warehouse management system. There is a lag before smaller companies begin to implement the technology.

Logistics Network Optimization Software 166

Logistics Network Optimization Software Optimization Software North Carolina Optimal Sourcing 166

Logistics Viewpoints

AUGUST 9, 2022

Just last year many were chartering their own cargo ships to get all these goods to their destinations.) 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. All aboard.

Inventory Management Software 255

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 255

Logistics Viewpoints

JUNE 13, 2022

But rip and replace is expensive, time consuming, and risky. Their large footprint stores sell a wide variety of goods besides just healthcare items. Instead of rip and replace, why not just augment the existing solution? That means different things to different people. Isn’t there a better way? Walgreens thought so.

Supply Chain Planning Software 359

Supply Chain Planning Software Forecasting Software Demand Planning Software Puerto Rico 359

Logility

JANUARY 30, 2025

Supply chains are no longer just a businesss logistical backbonetheyre the frontline where competitive advantage is won or lost. Good enough just wont cut it anymore no matter the size of your business, as Markus Malinen , EMEA Vice President at Logility, puts it. Malinen isnt alone in this line of thinking.

Modeling 130

Modeling Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 130

ToolsGroup

JANUARY 15, 2024

Retailers can now quickly sense, predict, and respond to real-time changes in demand to better navigate market uncertainty to achieve maximum profitability. Working capital constraints are hitting retailers hard just as inventory-to-sales ratios are reaching their highest-ever levels.

Inventory Reduction 177

Inventory Reduction ToolsGroup Waste Reduction Price Reduction 177

Supply Chain Shaman

MARCH 21, 2024

At the time, many business leaders did not know how to type and had no idea how to use a computer. Taxonomy of Outside-in Planning Based on the Art of the Possible To accomplish this goal, we need to discard the current crawl, walk, and run models and just jump. During the 1980s, I was on a management team for a large manufacturer.

Inventory Reduction 402

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 402

ToolsGroup

JANUARY 21, 2025

Returns Management and Integration With 35% of online purchases being returned, predominantly to physical stores, retailers are grappling with the ripple effects on inventory management. Early adopters of these integrated platforms report significant improvements in inventory turnover and reduction in stockouts.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Software Inventory Reduction Price Reduction 156

Supply Chain Shaman

APRIL 15, 2020

Time to Know. Time to Act. For me, it is a heightened respect for time. For me, it is a heightened respect for time. Then it was the redefinition of the supply chain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. As the economy shut down, I sunk in a pit of despair.

Supply Chain Planning Software 439

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 439

Logility

APRIL 3, 2024

The life sciences are integral to the quality of life and lifespan, but the field faces some uniquely difficult inventory challenges. With long lead times to market, short product shelf life, and strict regulatory requirements, life science products require an exceptional digital twin.

Supply Chain Optimization 165

Supply Chain Optimization Inventory Reduction Optimization Software Supply Chain Planning Software 165

Enterra Insights

DECEMBER 17, 2024

The technology is ready to go; now is the time to use it.”[1] But its a bit like unpacking a box of Christmas lights to find theyre hopelessly tangled it will take time to sort out the mess, but the results will be illuminating.”[3] The answer: One bite at a time, of course! Quite the opposite.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

BlueYonder

OCTOBER 29, 2024

They want to choose not just the engine type, but also the smart features, infotainment functionality and other characteristics that create a unique driving experience. Getting the mix wrong comes with serious consequences — excess inventory on the one hand, and lost sales on the other. For consumers, having so many options is amazing.

Forecasting 115

Forecasting Forecasting Software Supply Chain Planning Software Supply and Demand 115

Supply Chain Shaman

MAY 24, 2024

When we compare the companies listed on the Gartner Top 25 to peer group results for the period of 2013-2023, we find that 59% of the listed companies score below their peer group on year-over-year growth, 41% below their peer group on inventory turns, and 41% fall below their peer group on Return on Invested Capital (ROIC). Does it matter?

Gartner 354

Gartner Comparison Taiwan Groups 354

ToolsGroup

DECEMBER 5, 2024

Stockouts and Overstock Hurt Retailers The inventory imbalance was glaring this year: 33% of shoppers ** reported being unable to find the items they wanted due to stockouts. Generic Discounts Fell Flat Discounts were everywhere, but shoppers expected more than just percentage-off promotions. Here’s how to win: 1.

Inventory Reduction 156

Inventory Reduction Waste Reduction How To Price Mitigation Strategies 156

Logistics Viewpoints

JANUARY 21, 2021

” Accurate transit time predictions have become more crucial than ever given customer demands and expectations, the cost impacts of late shipments, and dynamic nature of today’s supply chains. Shippers and logistics service providers are faced with multiple challenges when trying to determine accurate shipment transit time estimates.

Predictive Analytics Software 363

Predictive Analytics Software Logistics Network Optimization Software Modeling Inventory Reduction 363

Supply Chain Shaman

MAY 13, 2024

P&G did not appreciate the work Gilette accomplished on form and function of inventory and using market signals. As a result, the company’s performance at the intersection of margin and inventory turns was circular for the past decade. Sounds easy, right? Leadership and S&OP? What sounds so easy is very difficult.

S&OP 348

S&OP Supply and Demand Inventory Reduction Expense Reduction 348

SCMDOJO

FEBRUARY 15, 2025

Businesses must find effective ways to strengthen their networks and improve flexibility to maintain stability during uncertain times. A well-managed supply chain does not just survive crises it thrives in them. In supply chain operations, it plays a crucial role in mitigating risks, improving response times, and optimizing workflows.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Modeling Inventory Reduction 91

ToolsGroup

SEPTEMBER 4, 2024

In the fast-paced world of retail, every decision counts—especially those related to inventory management. Stockouts are one of the most direct and visible consequences of poor inventory management. This loss compounds over time, especially during high-demand periods like Q4. So, how much are you really losing?

Inventory Management Software 156

Inventory Management Software Inventory Reduction Cost Reduction Strategies Inventory Management 156

Supply Chain Shaman

DECEMBER 28, 2020

We had just recovered from a recession, and my goal was to help supply chain leaders create a better supply chain by the end of the decade. At that time, Supply Chain 2020 seemed so far away. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Supply Chain Shaman

NOVEMBER 21, 2023

My client attempted to have a supply chain discussion to improve flow, and his executive group just did not get it. I was promoted to run the warehouse, and at the time, I had no experience in distribution, but was asked to run the largest distribution center in the system. Sometimes, this is a tough discussion. Yes, I am that old.)

Supply Chain Planning Software 337

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 337