Supply Chain Shaman

FEBRUARY 28, 2021

While Figure 1 is the planner’s view, Figure 2 shows the executive’s mental model. The View Of The Supply Chain Executive. Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective.

Supply Chain Planning Software 372

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 372

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. See the pattern?

Supply Chain Planning Software 221

Supply Chain Planning Software Modeling Supply and Demand Supply Chain 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

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 93

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 93

Supply Chain Shaman

OCTOBER 20, 2012

Here is the list: Supply chain technology implementations have reduced inventory. Companies should implement supply chain best practices. Companies that have focused on collaboration in the supply chain have built competitive advantage. Supply chain excellence matters. The reason?

Inventory Reduction 262

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 262

ShipBob

JANUARY 17, 2022

That’s why good supply chain management is so important for your ecommerce operations. An optimized supply chain execution process can make all the difference. What is supply chain execution? Supply chain execution (SCE) processes & tasks. Supply chain planning.

Supply Chain Execution 52

Supply Chain Execution Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

Veridian Solutions

FEBRUARY 11, 2019

Understanding more about the needs and wants of customers can help supply chain leaders make informed decisions, improve inventory management, and increase profitability. In recent months, conversations about how to improve forecasting in the supply chain have focused on a subject: demand sensing.

Supply and Demand 74

Supply and Demand Modeling Supply Chain Execution Demand Planning Software 74

NC State SCRC

JULY 26, 2021

As shown in the figure below, there are diverse and sometimes competing goals between procurement, contract management and supply chain management. Procurement : The focus is primarily on “buying” which often means that the priority is on physical acquisition, often at the lowest price in the market.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Optimal Sourcing Supply Chain Planning 98

Talking Logistics

JANUARY 5, 2014

Natural disasters like the Japan earthquake, product shortages due to quality issues, the impact of currency rates on product costs and demand, and disruptions caused by IT service failures or security breaches are just a few examples of the risks supply chain executives face every day. The same is true for CEOs.

Logistics Network Optimization Software 184

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 184

Supply Chain Opz

OCTOBER 10, 2014

For example, if your Supply Chain work has reduced inventory turns or resulted in savings, you want to make sure your resume spells that out loud and clear. If you’re an inventory planner, how many SKUs did you manage? If you’re a Procurement professional, what was your spend? Procurement?

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 271

Logistics Viewpoints

FEBRUARY 28, 2022

A better forecast leads to carrying less inventory while maintaining or even improving service levels. The improvement in forecasting contributed to an increase in service levels by 10% while reducing inventory investment by 20%. This can then be leveraged by their supply chain design solution to improve risk mitigation.

Optimal Sourcing 286

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

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 212

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 212

PINC

JULY 29, 2020

The SDCE 100 spotlights successful and innovative projects that deliver bottom-line value to small, medium and large enterprises across the range of supply chain functions. These projects can serve as a map for supply chain executives looking for new opportunities to drive improvement in their own operations.

Supply Chain Planning Software 26

Supply Chain Planning Software Supply and Demand Demand Planning Software Optimal Sourcing 26

Supply Chain Shaman

SEPTEMBER 22, 2021

This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). The Supply Chain Executives were not interested in the project, and as a result, did not see the value.” The solution was too black box. ” My take?

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

Logistics Viewpoints

SEPTEMBER 19, 2023

Resiliency, which is the ability to withstand supply chain shocks and bounce back quickly, has become the most important requirement for supply chains. Balancing supply and demand by orchestrating the flow of materials and information is a key requirement for managing operational risks.

Supply Chain Design Software 247

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 247

Logistics Viewpoints

MAY 3, 2023

Whilst they are classed as indirect purchases, this procurement category plays an essential role in day-to-day operations. The pandemic shined a light on something that supply chain executives will tell you is second nature. The supply chain is a chain, and it is only as strong as its weakest link.

Supply Chain Design 177

Supply Chain Design Supply Chain Planning Supply Chain Supply and Demand 177

Logistics Viewpoints

JANUARY 31, 2023

The aforementioned soon-to-be-released global survey by Coupa of over 1,000 supply chain executives shows that about 80% of respondents expressed the intent to continue investing in digital technologies that bring more resilience and agility. Supply chain is a team sport and will increasingly be so!

Predictive Analytics Software 228

Predictive Analytics Software Supply Chain Software Supply Chain Optimization Agile and Lean Supply Chain 228

Logistics Viewpoints

JANUARY 25, 2024

Second, avoid islands of isolation and limited impact by integrated AI into your supply chain so the results are aligned end to end. One supply chain executive told me AI makes him feel a bit like a deer in the headlights, which is why it’s worth stating that you don’t have to embark on this journey alone.

Supply Chain Planning Software 250

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 250

The Network Effect

OCTOBER 3, 2014

Focused on outcomes, a competitive supply chain capability not only assures the on-time delivery of component material, but also the execution of inbound supply to ensure the shipment of quality finished goods at a competitive price while delivering on-target margins for the manufacturers.

Supply Chain Network Software 194

Supply Chain Network Software Automotive Modeling Software Supply and Demand 194

Supply Chain Shaman

MAY 14, 2013

Companies that are good at planning—use of supply chain design and supply chain planning technologies—are outpacing other industries. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Active management of value networks and scenario planning makes a difference.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 256

ToolsGroup

JUNE 18, 2020

The SDCE 100 spotlights successful and innovative projects that deliver bottom-line value to small, medium and large enterprises across the range of supply chain functions. These projects can serve as a map for supply chain executives looking for new opportunities to drive improvement in their own operations.

ToolsGroup 24

ToolsGroup Supply and Demand Optimal Sourcing Supply Chain Planning Software 24

ToolsGroup

MAY 30, 2018

It allows you to accurately test the resilience of a complex, multi-echelon, global supply chain. At the recent Gartner Supply Chain Executive Conference in Phoenix, analyst Marc Halpern clarified three key concepts about supply chain digital twins in his presentation “Busting the Myth of Digital Twins to Deliver Value.”

Modeling 168

Modeling Modeling Software Supply Chain Planning Software Optimization Modeling 168

Supply Chain Shaman

FEBRUARY 28, 2021

While Figure 1 is the planner’s view, Figure 2 shows the executive’s mental model. The View Of The Supply Chain Executive. Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 221

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

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. Establishing policies within the system ensures efficient inventory management.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

ToolsGroup

SEPTEMBER 25, 2024

Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory – delighting customers and achieving financial and sustainability KPIs. Go to www.FoodLogistics.com and www.SDCExec.

Supply Chain Planning Software 156

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

Turvo

AUGUST 31, 2021

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Optimal Sourcing 59

BlueYonder

FEBRUARY 14, 2023

Sunil: The bills-of-materials have to be managed, re-managed, and updated on a regular basis, which from both a master data and a procurement perspective is difficult. The first is reduction of inventory, which includes the work-in-process inventory and finished goods inventory. Sunil: Exactly. Terence: Five-zero percent?

Manufacturing Procurement 141

Manufacturing Procurement Material Savings Inventory Reduction Cost Reduction Strategies 141

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

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

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

Supply Chain Opz

MAY 1, 2018

Delivering Customer Value through Procurement and Strategic Sourcing Many people don't know that procurement is a part of integrated logistics. In logistics management literature, procurement is also called "Inbound Logistics" or management of incoming materials. Are there any other logistics books you love and why?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Logistics Material Savings 100

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

The Network Effect

APRIL 1, 2016

Principal, Supply Chain Technology, Tompkins International. The orchestration of processes and information for the procurement of goods to the “last mile” delivery to the customer is a required competency in today’s direct to consumer marketplace. DC’s and FC’s will already have a robust Warehouse Management System (WMS).

Supply Chain Planning Software 100

Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization Supply Chain Planning 100

Logistics Viewpoints

MARCH 31, 2022

According to executives who have benefited from this combination of advanced technologies, one of the greatest benefits is gaining real-time visibility across the extended logistics network. “We We wanted to see inventory positions around the world compared to our forecast, compared to our actual demand.

Logistics Network Optimization Software 222

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Supply Chain Network Software 222

Supply Chain Shaman

MAY 21, 2013

The supply chain for implantable devices is complex and immature. Cold chain capabilities and serialization require a redesign in product handling and supply chain execution. The industry has created the most complex rebate incentives of any industry value chain. Generalize procurement of materials.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

ToolsGroup

JANUARY 10, 2017

Unmanned coffee stations transmit POS data every 15 minutes to help a highly autonomous planning system forecast demand, optimize inventory, and generate replenishment proposals for distribution and procurement. At Costa Express , just one planner now handles the planning for 5600 points of sale. What going on?

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 120