Supply Chain Shaman

SEPTEMBER 17, 2014

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. Aligned Metrics. A big bang technology focus has not worked.

Optimal Sourcing 302

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 302

Supply Chain Shaman

FEBRUARY 1, 2024

Optimization engines to improve functional metric performance resulted in an exploding number of planners. Rolling up a perpetual inventory signal takes eleven hours. days to get a perpetual inventory signal and 2.2 What is the impact of the amplification and distortion on inventory and cost? On average, it takes 2.8

Supply Chain Planning Software 342

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 342

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. The metrics that underpin MRP could be described as the balls in this juggling act. This article takes an in-depth look at the crucial metrics every supply chain professional needs to know.

Procurement Analytics 95

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 95

Logistics Viewpoints

NOVEMBER 20, 2024

Manufacturing and resource extraction activities often affect surrounding areas, requiring companies to engage proactively with residents to address concerns and mitigate negative impacts. Comprehensive health benefits further enhance workforce morale and productivity, creating a supportive environment for employees.

Waste Reduction 258

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 258

ThroughPut

MAY 22, 2024

An Enterprise Resource Planning (ERP) system is a suite of integrated software applications that helps organizations manage and automate their core business processes. Process automation ERP automates many routine supply chain tasks such as demand forecasting , inventory replenishment, procurement, order processing, and logistics scheduling.

Supply Chain Planning Software 98

Supply Chain Planning Software Resource Reduction Optimal Sourcing Resources 98

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions. Tracking Progress.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Shaman

OCTOBER 29, 2014

The second step is usually a large implementation of a technology project–Enterprise Resource Planning, Customer Relationship Planning or Analytics. The second generation of solutions were built and marketed by Enterprise Resource Planning technology companies like SAP and Oracle. The book is a story.

Supply Chain Planning Software 312

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 312

ToolsGroup

AUGUST 20, 2019

Gartner says that the most common outsourced SCP processes are inventory management, statistical forecasting and service parts planning. Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. versus $4.84 per $1000 of revenue).

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

Supply Chain Shaman

APRIL 1, 2015

I am speaking this morning at the Terra Technology conference and doing a book signing of my new book, Supply Chain Metrics That Matter. In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. It is morning in Orlando. The sun is rising. This inbound news adds to the story.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Network Design Software Optimization Software 150

Supply Chain Game Changer

AUGUST 16, 2022

In my experience companies always had a need for Inventory Control and an annual inventory count during which all operations were shut down for at least 2-3 days. On top of the annual inventory count there were ongoing manual cycle counts throughout the entire year. An Inventory Control History.

Inventory Reduction 124

Inventory Reduction Inventory Waste Reduction Resource Reduction 124

Supply Chain Shaman

FEBRUARY 26, 2024

Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. The implementation of NoSQL for inventory management gives them an inventory signal with little to no process latency.

Modeling 207

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 207

Kinaxis

SEPTEMBER 17, 2014

So a scheduler at one plant has no visibility as to the inventory position, capacity or material supplies at another plant. In our drop in situation, you could have sufficient inventory at a different site but never know it because you can’t see it. The only recourse is to pick up the phone or pound out an email to find out…or guess.

Supply Chain Planning Software 263

Supply Chain Planning Software Supply Chain Design Software Supply Chain Visibility Modeling 263

Logistics Viewpoints

FEBRUARY 15, 2023

The survey is structured to determine the relative importance of competing objectives, how the importance has changed over time and why; the degree to which certain external factors (resource shortages, cost inflation, etc.) I suspect that inventory shortages would have been the highest ranked factor if we conducted our survey a year ago.

Supply Chain Planning 246

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 246

Supply Chain Shaman

APRIL 16, 2014

I have taken myself off the road to write the book Metrics That Matter. On the 2nd of April, I sat before a board discussing how a company could exceed expectations in the delivery of Return on Invested Capital (ROIC) and superior operating margins and fail at the delivery of customer service and inventory. It is a slow week.

Supply Chain Design Software 279

Supply Chain Design Software Agile and Lean Supply Chain Modeling Supply Chain Planning Software 279

Supply Chain Shaman

MARCH 5, 2019

The focus is on functional metrics, but are unable to get to overall supply chain metrics. For example, only 29% of manufacturing companies can access total cost data and 31% struggle to see the impact of business decisions on inventory. As shown in Figure 3, companies struggle to get data to make decisions. Focus On Outcomes.

Supply Chain Design Software 294

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 294

ToolsGroup

JANUARY 15, 2024

To qualify for inclusion in the Supply Chain Planning category, a product must provide planning tools for demand, inventory, replenishment, and ordering, facilitate delivery schedules and load planning, and customize plans based on individual business priorities. Additional Resources: See ToolsGroup’s G2 reviews HERE.

ToolsGroup 177

ToolsGroup Supply Chain Planning Software Supply Chain Software Supply and Demand 177

Kinaxis

NOVEMBER 26, 2014

Reason #6 Not effectively managing inventory. In today’s competitive manufacturing environment, the only metrics that count are how a change impacts the company’s goals. What if in addition to the late items, the CSR had information about who was responsible for the items or resources that were late. So what do you think?

Supply Chain Planning Software 256

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 256

Supply Chain Shaman

MAY 1, 2023

This includes digital supply chain transformation and Enterprise Resource Planning (ERP) upgrades. The techniques to improve agility are improving data transparency/insights, use of attribute-based planning, design of push-pull decoupling points, pooling of inventory, and configure-to-order/make-to-order manufacturing. Frustration.

Inventory Reduction 246

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 246

Kinaxis

SEPTEMBER 8, 2014

The issue is that none of their IT investments in the last 10 years have moved the needle on operational metrics such as inventory levels, case fill rates, and other operational metrics. They have piloted the process in Excel and know that they need an enterprise level solution for a global roll-out of S&OP. Their words.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Modeling Software 261

ToolsGroup

APRIL 25, 2019

Without baseline metrics on what you want to improve on and why, how can you be confident your strategy is working? And because machine learning systems get smarter over time, having a consistent method of measurement is even more important to ensure you can accurately track how outcomes and ROI are improving against established metrics.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

Logistics Viewpoints

OCTOBER 23, 2024

This integration includes tracking individual components and collecting data on environmental impact, including sustainability metrics such as carbon footprint and recyclability. This helps identify potential challenges and areas for improvement without committing full resources upfront.

Resource Reduction 263

Resource Reduction Vendor Strategies Inventory Reduction Price Mitigation Strategies 263

Logistics Viewpoints

OCTOBER 26, 2021

Yet plants, animals, and Native peoples thrive in this environment with resourcefulness and adaptability. Supply chains must be connected and collaborative so all links can align to business strategy and oriented toward a common set of the most important metrics (and not functional metrics that drive siloed behavior).

Supply Chain Design Software 271

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

GlobalTranz

SEPTEMBER 23, 2021

The added strain on resources is on track to force high freight volumes to continue well into the next year. Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? With immense strain on available resources, carriers have seen record-shattering profitability. Focusing on the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logility

JULY 9, 2021

We offer a single platform to address specific supply chain topics, including allocation, supply and inventory optimization, sourcing management, automated order promising, data management, predictive analytics, demand planning, optimization, demand sensing, and more. Logility’s Feature Updates and Roadmap Are Highly Favorable.

Supply Chain Planning Software 206

Supply Chain Planning Software Supply and Demand Supply Chain Software Optimal Sourcing 206

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

RFgen

NOVEMBER 27, 2024

Supply chain optimization software tracks items as they move through your supply chain and generate alerts at important points to improves decision-making and enhance visibility across the supply chain by integrating various capabilities like procurement, inventory, and customer relationship management.

Optimal Sourcing 91

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 91

Supply Chain Shaman

OCTOBER 8, 2019

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management? Inventory KPIs.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Logility

AUGUST 18, 2023

In addition, resource limitations can further challenge the effective integration of supply chain planning into the broader corporate strategy. For example, executives might underestimate the impact of accurate demand forecasting on reducing inventory costs, resulting in insufficient investment in necessary tools and technologies.

Supply Chain Performance 188

Supply Chain Performance Supply Chain Planning Software Resource Reduction Supply Chain Design Software 188

SCMDOJO

MARCH 8, 2024

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

Inventory Reduction 94

Inventory Reduction Optimal Sourcing Cost Reduction Strategies Resource Reduction 94

GlobalTranz

OCTOBER 6, 2021

In fact, a recent study , in partnership with Edelman Data & Intelligence, found a broad increased level of confidence from supply chain leaders despite peak season disruptions among those that have successfully implemented data-driven, third-party resources to manage heightened activity levels.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

ToolsGroup

MAY 2, 2024

At a time when disruptions and uncertainties have become the norm, it is truly gratifying that our AI-driven supply chain solutions are helping brands around the world maximize their service levels while minimizing inventory and working capital investments, regardless of the complexity of their supply chain or the amount of uncertainty.”

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply and Demand Supply Chain Software 156

Logistics Viewpoints

DECEMBER 18, 2024

However, the sectors reliance on fossil fuels and resource-intensive practices poses significant challenges. This approach also reduces reliance on virgin raw materials, conserving natural resources. AI-powered warehouse management improves inventory flow and reduces waste.

Optimal Sourcing 147

Optimal Sourcing Material Savings Supply Chain Design Software Supply Chain Planning Software 147

ToolsGroup

AUGUST 3, 2022

These strategic executive hires support rapid company growth, better collaboration, goal clarity, and ongoing improvement in key business metrics while keeping ToolsGroup’s expanding team agile and highly coordinated: Jon Purdy is the new Chief Financial Officer. Joseph Luciano is the new Chief People Officer.

ToolsGroup 156

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Software 156

ToolsGroup

JUNE 8, 2021

6 Focus on the wrong metric. RFIs also assume the organization is focusing on the right metrics. 7 Poor use of resources. There may be a better way to approach forecasting, but it’s not captured in the RFI because no one has any experience with it. #6 In volatile supply chain environments, forecasts are inherently inaccurate.

Supply Chain Planning Software 245

Supply Chain Planning Software Forecasting Software Supply Chain Software Optimization Software 245

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 98

GlobalTranz

JUNE 8, 2017

Big enterprises might not be that open to innovations but are hypersensitive to cost and resource savings. It also reduces your resources and improves processes. It incorporates your resources from every stage of the logistic process in the real-time. The cloud-based logistics has lots of metric tools.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Resource Reduction Modeling Software Cost Reduction Strategies 200