ToolsGroup

SEPTEMBER 25, 2024

About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Food Logistics and Supply & Demand Chain Executive also operate SCN Summit and Women in Supply Chain Forum.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software ToolsGroup Supply Chain Planning 156

Precoro

MARCH 22, 2023

A supply chain disruption is a force majeure event or unexpected situation that significantly interrupts or constrains the free movement and distribution of products, services, inputs, and raw materials. Supply chain management has to take these disruptive incidents into consideration when developing risk management policies.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Disruption Supply Chain Planning Software Material Savings 52

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

NC State SCRC

APRIL 2, 2023

Services that can be shared among the various business units of a company include finance, purchasing, inventory, payroll, hiring, and information technology. For example, a central headquarters might control all the hiring for an entire chain of retail stores. appeared first on Supply Chain Resource Cooperative.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

Supply Chain Shaman

SEPTEMBER 22, 2021

In our research, we find that 72% of planners primarily depend on Excel and desktop analysis despite the rollout of advanced platforms for planning in 92% of manufacturers with greater than 5B$ in revenue. At the end of the presentation, I asked Allyson her perspective on open source analytics. The question is, “Why?”

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

ToolsGroup

OCTOBER 25, 2022

Today the stakes are even higher , with the ever-present ghost of disruption rattling supply chains around the world. The better your understanding and management of seasonal stock, the less the specter of supply chain disruption will keep you up at night. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

BlueYonder

JANUARY 21, 2021

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. These companies did not realize that profitable agility relies on a bag of capabilities, not simply “visibility.”

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Execution Optimal Sourcing Supply Chain Software 93

Supply Chain Shaman

APRIL 15, 2020

My last post on the Supply Chain Shaman blog was forty-five days ago. My first focus was on China sourcing. 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. China was the source of over 90% of PPE.)

Supply Chain Planning Software 442

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

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

ToolsGroup

APRIL 1, 2022

Industry professionals have put in tireless hours and taken strategic measures to keep the supply chain moving and meet customer demand. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

BlueYonder

AUGUST 10, 2021

Customer centricity, e-commerce, Direct-to-Consumer (D2C), and the risk of financial peril are propelling shippers (manufacturers and retailers) and logistics service providers (LSPs) to digitally transform. What are the biggest supply chain execution/logistics challenges facing shippers and LSPs?

Supply Chain Execution 102

Supply Chain Execution Supply Chain Software Supply Chain Network Software Logistics Network Optimization Software 102

Supply Chain Shaman

SEPTEMBER 5, 2022

Supply chain leaders self-assessment of performance during the pandemic period of March 2020-through July 2022. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Business continuity continues to be a risk for many retailers and manufacturers.

Supply Chain Planning Software 243

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

Supply Chain Matters

OCTOBER 28, 2024

That stated, in certain regions such as across Europe and China , the year continues to present economic and manufacturing challenges. Global wide manufacturing activity levels as measured by the J.P. Morgan Manufacturing PMI® contracted once again at the end of Q3. supply chain activity.

Predictive Analytics Software 59

Predictive Analytics Software Manufacturing Procurement Cost Reduction Strategies Agile and Lean Supply Chain 59

Supply Chain Shaman

OCTOBER 13, 2022

Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. The gap between logistics and procurement; and logistics and customer service increases process latency. Inventories increased by 44% due to supply chain volatility.

Supply Chain Planning Software 221

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

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Logistics Viewpoints

JULY 22, 2024

GROW is not as functionally rich as RISE and is mainly purchased by small and medium-sized businesses. The same advice that prevails for their ERP – keep the core clean – is good advice for Cloud-based supply chain implementations. Stellium is one of SAP’s Gold status and preferred partners for supply chain execution.

SAP 241

SAP Supply Chain Network Software Procurement Solutions Logistics Network Optimization Software 241

Logistics Viewpoints

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Supply Chain Chaos is the New Norm. Do I need more inventory?

Supply Chain Visibility 227

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 227

The Logistics & Supply Chain Management Society

MAY 18, 2021

The sudden onset of Covid-19 only reinforced what supply chain professionals had already realized: uncertainty is the only real certainty. In their time lean manufacturing and just-in-time were game-changing concepts. A new hyper-focus to meet customer expectations is creating pressures upstream in the supply chain.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

Logistics Viewpoints

JANUARY 26, 2021

The COVID-19 pandemic has only confirmed what we already knew: modern supply chains must be built on a foundation of extreme agility and responsiveness. While lean manufacturing and just-in-time were game-changing concepts when they were introduced, agility and resilience must be taken to an entirely new level post pandemic.

Agile and Lean Supply Chain 286

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 286

Clear Spider

MARCH 21, 2024

Supply chains are expected to operate effectively through natural disasters, pandemics, trade barriers, unforeseen factory shutdowns, and product recalls. AI inventory solutions create more powerful and adaptive supply chains. In today’s fast-paced world, simple, reactive supply chains just won’t cut it.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Predictive Analytics Software 52

ToolsGroup

SEPTEMBER 18, 2023

Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Go to www.WomenInSupplyChainForum.com to register and learn more.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software ToolsGroup Supply Chain Planning 156

Logility

JUNE 30, 2022

resigned from their jobs in durable goods manufacturing. Food supply chains already heavily damaged by the effects of COVID-19 have received yet another blow from labor shortages. How Labor and Talent Shortages Affect Supply Chains. Supply Chain Resiliency in the Face of Labor Shortages: A Two-Pronged Approach.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 173

ThroughPut

APRIL 5, 2024

Inventory is the backbone of the modern firm, and potentially its most important asset. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management. What is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Supply Chain Shaman

JANUARY 9, 2024

Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. An average margin of 21% with inventory turns of 1.58 There is no silver bullet.

Supply Chain Planning Software 300

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 300

PINC

MARCH 24, 2020

In an uncertain world where supply chain disruption is becoming a certainty, here’s how good inventory management enabled by automation can help companies gain the supply chain visibility they need to keep the wheels turning. ” Maintaining the Right Inventory Balance. economy. .

Supply Chain Software 100

Supply Chain Software Inventory Reduction Inventory Management Software Optimal Sourcing 100

Logistics Viewpoints

AUGUST 7, 2023

A previous supply planning implementation, of an SCP system from a different supplier, had not gone well. When it comes to supply chain planning, the right technology solution can make a big impact on a business’ agility and resilience. Inventory decreased almost exactly as RapidResponse predicted it would.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 189

NC State SCRC

NOVEMBER 29, 2023

During her 24 years at Honda of America, she helped implement many of the supply chain best practices that have now become renowned, including cost modeling, supplier development, supplier quality assurance, lean manufacturing, and many others, which evolved under the original North America leadership of Dave Nelson.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 52

Supply Chain Matters

AUGUST 27, 2024

JAGGAER provides configurable source-to-pay and supplier collaboration software for direct and indirect procurement processes through a single, unified platform. Assets purchased under this agreement include the FreeMove® 3D depth-sensing computer vision system for industrial workcells and all related intellectual property.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software Optimization Software 52

Slimstock

MARCH 26, 2019

Though it’s often overlooked as an element of customer satisfaction, procurement is an essential component for delivering that satisfaction. Procurement involves buying goods and services that keep an organization operating; it ensures warehouses are well-stocked with the proper supplies at all times. Improve Inventory Insights.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 66

Logility

JUNE 29, 2021

Cargo stuck in the Suez Canal, a gas pipeline breach, an overburdened power grid, and shortages in lumber, plastics, and semiconductors – all these events in the last few months should make any supply chain executive nervous. But in reality, such risks in supply variability emerge more often than any business wants to admit.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Material Savings Vendor Strategies 130

Logility

NOVEMBER 2, 2021

Technology Leader Gives Students Hands-On Experience With AI-based Supply Chain Execution Solutions. Logility recently added onto the experience, allowing students to dive further, learning how to source vendors, issue purchase orders and even track work-in-process and inbound shipments. ATLANTA – Nov.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Logility Supply Chain Design 130

Logistics Bureau

APRIL 18, 2019

81% of young professionals working in supply chain say that it was the right career choice. Source: Council of Supply Chain Management Professionals 2017 Survey. The scope of supply chain management and operations is very broad , and no two companies necessarily have the same approach to it.

Manufacturing Procurement 81

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 81

Logistics Viewpoints

APRIL 15, 2021

Plan and Execute for Success. Some manufacturing, consumer brand, retail and logistics service companies made ambitious goals to delight customers through digital transformation but in some cases significantly eroded profit margins. He has a keen interest in digitalization and the value it generates throughout the supply chain.

Agile and Lean Supply Chain 271

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Supply Chain Planning 271

Supply Chain Matters

DECEMBER 28, 2023

Overview In short, B2B Supply Chain Business Networks are Cloud based platforms designed to achieve end-to-end supply chain data visibility and business process decision-making synchronization. The ultimate costs in warehousing, inventory carrying costs and other dimensions are still being assessed.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Network Software Supply Chain Design Software Supply Chain Software 59

Supply Chain Shaman

FEBRUARY 11, 2019

Each year, when we complete our annual talent survey, we note greater and greater dissatisfaction within the role of supply chain planners. In Figure 1, note the lowest satisfaction is Generation X (birth years of 1965-1980) in manufacturing organizations. Characteristics of High-Performing Supply Chains.

Supply Chain Planning Software 189

Supply Chain Planning Software Modeling Software Demand Planning Software Supply and Demand 189

Unleashed

APRIL 20, 2020

The health of manufacturers is a good indicator of the health of the economy. To measure this, we turn to the Purchasing Managers Index (PMI). A PMI score above 50 means manufacturing is growing. Global manufacturing data shows the pandemic impact: US manufacturing PMI fell to 48.5 in March 2020, down from 50.7

Agile and Lean Supply Chain 81

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Planning 81

Logistics Viewpoints

FEBRUARY 28, 2022

Having an agent detect how long it takes to ship from a supplier site to a manufacturing facility, and then doing a running calculation on how the average lead time is changing, is trivial math. A better forecast leads to carrying less inventory while maintaining or even improving service levels. But that was pre-COVID.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 299