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? Unfortunately, I am unsure about the order of magnitude or the duration of these inventory mismatches. Here’s my take on the topic.

Inventory Reduction 300

Inventory Reduction Inventory Retail Purchasing Skills 300

Supply Chain Shaman

JULY 25, 2021

Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). In general the ERP technology providers underperformed, and the investment was an opportunity cost to the adoption of new forms of analytics and building effective business networks.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Logistics Viewpoints

AUGUST 5, 2021

PwC reports that almost half of assets under management are held by investment firms committed to decarbonization. Similarly, UPS has strong commitments to sustainability and invests in many options, such as alternative fuel vehicles, e-cycles in dense cities, and carbon offsets for purchase with shipping. Buffering creates waste.

Supply Chain Planning Software 317

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 317

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 21

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 21

Logistics Viewpoints

DECEMBER 15, 2022

There is so much data, and to make use of it, we need to use data mining and analytics to drive meaningful insights that can be put to some good use. ABC Analysis for Inventory Planning : Clustering products that behave similarly highlights issues, challenges, and opportunities for serving customers better.

Optimal Sourcing 257

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 257

Silvon Software

APRIL 19, 2022

The past few years have created a lasting impact on the way business is conducted, driving many companies to analytics to gain the visibility they need to control and optimize key processes. The Basics of Procurement KPIs. There must be a clearly defined data source with a standardized process for collecting and measuring that data.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Logistics Viewpoints

OCTOBER 12, 2023

Lower-income consumers and those using food assistance programs care the most about food waste as a purchase driver—again, suggesting it is a response to higher prices.” The same “If” statement was repeated for a host of financial and operational metrics.

Supply Chain Design Software 305

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 305

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain.

Supply and Demand 384

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 384

Logistics Viewpoints

APRIL 14, 2022

Supplier problems will cause a cascade of problems up and down the value stream, leading to supply order delays that cause inventory shortages, production disruptions, missed shipments and lost revenue. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 277

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 277

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 266

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 266

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes.

Supply Chain Planning Software 298

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

Supply Chain Shaman

MAY 26, 2023

Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. Current Familiarity with Analytic Concepts (Fall 2022 Snapshot) Preamble Supply chain leaders love their rows and columns. I term this our data jail. The focus of the Gartner Magic Quadrant.)

Optimal Sourcing 341

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 341

Supply Chain Shaman

JANUARY 31, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). Focus on Cost. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. We started the conversation with sourcing.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing 221

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

Logistics Viewpoints

DECEMBER 18, 2024

Proactively adopting cleaner energy sources ensures alignment with these evolving regulations. The industry’s dependency on traditional energy sources necessitates an urgent shift toward cleaner alternatives. Transparent sourcing practices build trust among consumers and investors.

Optimal Sourcing 260

Optimal Sourcing Material Savings Supply Chain Design Software Supply Chain Planning Software 260

Supply Chain Shaman

JUNE 23, 2020

I write for this blog, craft reports from research for our newsletters, create blogs for Linkedin, and build articles for Forbes. Orbit Chart for Ecolab at the Intersection of Inventory Turns and Operating Margin Versus the Chemical Industry for the Period of 2010-2019. Procurement and transportation operated as islands.

Supply Chain Design Software 292

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 292

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. This includes internal and external data sources.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 278

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Supply Chain Shaman

NOVEMBER 29, 2021

Shippers pushed cost and waste backward in the supply chain. There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. The news reports symptoms, not root causes. Changing Analytic Capabilities. With only 5.8%

Supply Chain Planning Software 284

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 284

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 84% of buyers read the return policy before making an online purchase.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Silvon Software

APRIL 29, 2022

Inventory can be a manufacturer’s most important asset. But a large inventory has its own liabilities such as cost to store and insure it, along with the risk of spoilage, theft and damage. The Basics of Inventory Management KPIs. Every inventory KPI needs a clearly defined goal.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). Focus on Cost. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. We started the conversation with sourcing.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Optimal Sourcing Sourcing Strategies 195

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. Delays and congestion worsen each year, inventory strains continually affect capacity, and customer needs remain ever-changing.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logistics Viewpoints

MARCH 9, 2023

This is because most classical planning solutions lack the modeling capability and computing power to accommodate different data sources, large SKU count, and detailed constraints and contingencies to build an immediately executable plan. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 276

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 276

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Supply Chain Shaman

NOVEMBER 29, 2021

Shippers pushed cost and waste backward in the supply chain. There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. The news reports symptoms, not root causes. Changing Analytic Capabilities. With only 5.8%

Supply Chain Planning Software 273

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 273

Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 98

Supply Chain Shaman

JANUARY 2, 2023

Models Matter. In implementing planning, most of the focus in purchasing technology in the sales cycle is on optimization. With the evolution of NoSQL–Graph and Cognitive Ontological learning–models can now manage multiple data sources as inputs while driving a forecast to multiple roles simultaneously in role-based views.

Supply and Demand 372

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 372

Supply Chain Shaman

DECEMBER 30, 2021

Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Truck drivers report that maintenance issues are a constant nightmare. There is not a one-to-one relationship between a container and a purchase order. Get Good at Inventory Management.

Supply Chain Design Software 437

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 437

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

Optimal Sourcing 130

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

Logistics Viewpoints

SEPTEMBER 20, 2022

This means we need more agile, flexible, and scalable planning platforms to process and consolidate new data sources, drive insights using advanced analytics such as AI/ML to drive autonomous decisions, and expand collaboration within and outside our organizations. We need planning platforms to keep up with all the changes.

Supply Chain Planning Software 279

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 279

The Logistics & Supply Chain Management Society

MARCH 22, 2022

For example, the One Network platform for supply chain planning and execution is used by the Ministries of Health in Nigeria, Ghana, and Rwanda, providing comprehensive inventory visibility across all health facilities for real time supply demand matching and collaborative decision making. Real-Time Information with IoT and Telematics.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

Logility

JANUARY 4, 2022

Planalytics’ weather-driven demand analytics help businesses stay ahead of never-ending sales variability. Logility customers can leverage Planalytics weather-driven demand analytics to factor in the weather’s influence on top line revenue and product/category sales across specific time periods and locations. ATLANTA – Jan.

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Demand Planning Software Analytics Software 130

Logistics Viewpoints

FEBRUARY 28, 2023

It is making use of inventory that is the easiest/fastest to get to the customer, no matter through which channel the order was placed. Numerous supply chain disruptions affected the ability to get inventory in time – or at all – and now that the backlog caught up, many organizations are experiencing a surplus of inventory.

Optimal Sourcing 267

Optimal Sourcing Sourcing Strategies Inventory Reduction Vendor Strategies 267

Logistics Viewpoints

AUGUST 18, 2021

Supply shortages, low inventory to sales ratios, and hiring lags are noted as factors at play. Data as recent as the end of June 2021 show that inventories remain below 1.3 However, the CPI report did state, “ the index for used cars and trucks rose 0.2 Used cars and trucks were up 41.7%. I question if this is a data anomaly.

Supply Chain Disruption 332

Supply Chain Disruption Manufacturing Procurement Supply Chain Purchasing Skills 332

Supply Chain Shaman

DECEMBER 7, 2023

Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality. I am currently doing research on inventory management. Today, this is not the case. Yes, I think so.

Supply Chain Design Software 315

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 315