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 246

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

Supply Chain Shaman

MARCH 21, 2024

During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. Why Jump Now?

Inventory Reduction 403

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 403

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

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

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. But manufacturers are unique. What is Manufacturing Inventory Control? What is Manufacturing Inventory Control?

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

ToolsGroup

OCTOBER 14, 2024

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. In this sector, the ability to provide timely and reliable spare parts can make or break a company’s reputation.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

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 worked three layers down in the organization for a well-established leader in manufacturing named Dan. Dan had a very manufacturing view and Fred focused on logistics. Sometimes, this is a tough discussion.

Supply Chain Planning Software 339

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 339

DELMIA Quintiq

APRIL 6, 2020

In any regular year, manufacturers of seasonal foods such as ice cream, beer and BBQ meat have to deal with uncertainty because consumption of their products are highly dependent on food trends and the weather. Demand planning, however, gets even tougher for manufacturers with the COVID-19 outbreak in 2020. That’ll be too late.

Scenario Planning 296

Scenario Planning Supply Chain Planning Software Food Modeling 296

The Logistics of Logistics

FEBRUARY 11, 2022

Inventory Management vs. Warehouse Management. Original article: Inventory Management vs. Warehouse Management. That may be because a company might already have an inventory system and wonders what additional capabilities they will get with a new WMS. Inventory Management vs Warehouse Management: Main Differences.

Inventory Management Software 182

Inventory Management Software Inventory Management Warehousing Inventory 182

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. Retailers are leveraging cloud-based platforms to optimize inventory management and enhance customer engagement.

Supply Chain Planning Software 198

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

Logistics Viewpoints

OCTOBER 17, 2022

Robust supply plans can optimize across distribution, manufacturing, and logistics constraints and deliver an optimal plan that hits service objectives at the minimum cost. They are just very costly, painful and time consuming to build. Usually, a supply plan can’t be fully executed. But then stuff happens. N-Tier Visibility.

Supply Chain Planning Software 306

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Optimization 306

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. Definition. Merriam-Webster. Bear with me.

Supply and Demand 373

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 373

Supply Chain Shaman

DECEMBER 30, 2021

When the ball drops on Times Square to welcome in 2022, the employees at the Port of Long Beach will celebrate moving 9 M TEUs in imports: a 26% increase year-over-year. As ports become more congested, lead time variability increases. As I rolled holiday cookies in my hands, I watched TV. As I watched, I shook my head. I am worried.

Supply Chain Design Software 438

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 438

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. And how can supply chain planning help? Reflection A month has passed since my last post. What defines a feasible plan?

Supply Chain Planning Software 323

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

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

Logistics Viewpoints

FEBRUARY 16, 2021

In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. Supply chain visibility often means “where’s my stuff,” or the ability to trace parts in transit from the manufacturer to the final destination. Agility to act on transparency.

Supply Chain Visibility 316

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 316

Supply Chain Shaman

NOVEMBER 9, 2023

I just went live this year with a Fortune 25 company, and their factories book against their orders online. ” Followed by, “We just implemented an end-to-end solution at Unilever; the results are impressive.” Translation of the demand forecast into planned orders to minimize manufacturing constraints.

Optimal Sourcing 349

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 349

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. My left arm hurts. I replied, “Isn’t it all the same?” I now understood.

Supply Chain Design Software 355

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

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. Let’s take a look at the challenges associated with digital twins and how real-time data systems are changing the game for companies looking to leverage them. Get the insights you need.

Real-time Visibility 295

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

Supply Chain Shaman

JUNE 9, 2023

The demand must be embraced as a flow, not an analysis of time-phased data, to drive better insights. The current taxonomy (or frame/models) for the engines does not address the issues of the global multinational manufacturing company. In the Global Supply Chain, there are More Constraints To Address Than Just Manufacturing.

Optimal Sourcing 306

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 306

DELMIA Quintiq

SEPTEMBER 28, 2023

That makes autumn the perfect time for many to partake in their local festivals. Traditionally, festivals were held during this time of year to express appreciation for the harvest as well as wish for a good crop in the coming year. This is where inventory meets the supply chain. How do you keep food plenty and mugs full?

Optimal Sourcing 333

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Optimization 333

DELMIA Quintiq

JANUARY 7, 2020

Recent developments will ensure that their spread will mean much more than just a faster internet connection for your smartphone. Through 5G, data can be gathered, analyzed and managed in real time, virtually without delays, greatly broadening potential IoT applications and opening up pathways to further technological innovation.

Internet of things 316

Internet of things Supply Chain Network Software Modeling Software Supply Chain Software 316

ToolsGroup

SEPTEMBER 26, 2023

The integration of Evo’s responsive AI solutions with ToolsGroup Service Optimizer 99+ (SO99+) and JustEnough® solutions will offer customers the most efficient, real-time supply chain and price optimization solution available. And Evo’s responsive AI gives us an essential ingredient to deliver the autonomous supply chain of the future.

ToolsGroup 296

ToolsGroup Prescriptive Analytics Software Supply Chain Planning Software Modeling 296

Supply Chain Shaman

APRIL 27, 2022

The promise of a well-intended consultant just sounds sooooooo good. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. Keith was an undisputed leader in building talent to drive manufacturing excellence. The reason? A Case Study.

Procurement Analytics 339

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

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

In the cloud, companies can deploy resources on an as-needed basis, rather than invest in additional servers and storage capacity that they may only need for a short time. Centralized information eliminates data silos and strengthens information sharing through real-time communication (instead of point-to-point data transmission).

Supply Chain Planning Software 298

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

ToolsGroup

JANUARY 6, 2022

Just how bad were supply chain challenges in 2021? Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. Covid has increased the amount of time it takes for foreign imports to reach us, and has significantly raised the price of importing products. Get the Free Playbook ?.

Supply Chain Planning Software 290

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

Supply Chain Shaman

SEPTEMBER 13, 2023

Given your expertise, I’d love to hear what alternatives you recommend for better demand forecasting and real-time visibility beyond what’s commonly adopted today.” If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth?

Supply and Demand 385

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 385

Logistics Viewpoints

JULY 24, 2024

Robotic Process Automation Deployment According to the APQC data, organizations are exploring Robotic Process Automation across a number of supply chain areas, including supply chain planning, sourcing and procurement, logistics and warehousing, and manufacturing.

Supply Chain Software 279

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Inventory Reduction 279

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. Background The Council of Supply Chain Resilience met for the first time this month. Here I share some insights from my research. The reason? My conclusion?

Supply Chain Design Software 316

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

Logistics Viewpoints

FEBRUARY 21, 2022

The primary payback for demand and supply solutions comes in the form of reducing the amount of raw material, work-in-process, and finished goods inventory a company needs to carry. The key solutions are demand forecasting/inventory optimization, supply planning, and network design. Supply chain management has been in the news.

Supply Chain Planning Software 295

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 295

Logistics Viewpoints

MARCH 25, 2021

There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. These are just a recent indication of the disruption from weather events and natural disasters that your supply chain may encounter. Your supply chain must be capable of adapting to all types of threats.

Supply Chain Planning Software 325

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 325

Logistics Viewpoints

OCTOBER 17, 2024

They are no longer just vendors of goods and services. Or they may have expertise in manufacturing processes and have flexible capacity to allow contract manufacturing for new product introduction. Suppliers are now crucial strategic partners that support product innovation, efficient supply chains, and overall competitiveness.

Manufacturing Procurement 248

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 248

ToolsGroup

APRIL 17, 2024

Paolo Picazio, Country Manager Italy at Shopify , emphasized that Gen AI is more than just a passing trend; it’s a significant paradigm shift. Marcello Pace, CEO of Scarpe & Scarpe , highlighted one such case, showcasing the transformative impact of AI and data in addressing inventory and margin challenges.

Supply Chain Design Software 294

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

Logistics Viewpoints

FEBRUARY 8, 2021

End users – supply chain practitioners working for manufacturers, distributors, or retailers – can attend for free. Manufacturing automation – including 3D printing (also called additive manufacturing) – is making it easier to create many, many more product variants. But we ended up with a good problem.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 311

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. Sharing My Experience. The year was 1982. For me, this was a tough choice.

Agile and Lean Supply Chain 297

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

Logistics Viewpoints

OCTOBER 4, 2021

But just how bad was it? A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. The company provides demand and inventory planning solutions based on a public cloud architecture. Benchmarking the forecasting process is difficult.

Inventory Reduction 255

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 255

Logistics Viewpoints

NOVEMBER 20, 2024

Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change. Smart energy management systems further enhance efficiency by tracking and optimizing energy use in real-time. Another crucial focus area is sustainable packaging.

Waste Reduction 244

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 244