Supply Chain Shaman

JANUARY 8, 2024

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. My reply to my friend is that “The supply chain is a complex non-linear system.

Supply Chain Design Software 243

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 243

Logistics Viewpoints

MARCH 21, 2024

This article is from Scott Mullins, EVP of Operations and COO at Lucas Systems, and looks at self-distribution in healthcare systems. Self-distribution is an increasingly popular option for healthcare systems to consider when deciding how to manage their supply chain.

Prescriptive Analytics Software 252

Prescriptive Analytics Software Supply Chain Planning Software Optimization Software Analytics Software 252

Logistics Viewpoints

JUNE 4, 2024

With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.

Inventory Reduction 242

Inventory Reduction Supply Chain Planning Software Waste Reduction Inventory 242

The Logistics of Logistics

JUNE 14, 2024

trillion distortion inventory problem. Trillion Inventory Distortion Problem In this podcast, Karl Swensen, CEO and Co-founder of Pull Logic, discusses how their AI-enabled technology helps retailers, brands, and manufacturers reduce lost sales by addressing supply chain and selling process failure points. Summary: Solving the $1.8

Inventory Reduction 227

Inventory Reduction Inventory Inventory Management Software Modeling 227

Logistics Viewpoints

JULY 1, 2024

Locus Robotics Has Introduced a new Robot with a Heavier Payload Historically, a warehouse management system used slotting and waving functionality to optimize the work in a distribution center. A WMS needs a warehouse control system to control the material handling equipment. If everything works smoothly, this is great.

Optimization Software 234

Optimization Software Supply Chain Planning Software Supply Chain Optimization DC 234

The Logistics of Logistics

OCTOBER 30, 2023

Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. acquired by SAP).

Optimal Sourcing 244

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 244

ToolsGroup

OCTOBER 14, 2024

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Organizations require robust inventory management systems capable of handling diverse parts throughout their lifecycle.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

ToolsGroup

OCTOBER 17, 2024

Are you making the fatal mistake of underestimating the importance of inventory rebalancing? Many retailers treat inventory management as a mundane task rather than a strategic lever for success. It’s about strategically adjusting your inventory levels across locations and products in response to real-time customer demand.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Expense Reduction Resource Reduction 156

ToolsGroup

SEPTEMBER 30, 2024

This shift has led to a growing need for agile inventory management and quick delivery systems. The Challenges of Inventory Management in the Aftermarket Managing inventory in the aftermarket is uniquely challenging.

Manufacturing Procurement 156

Manufacturing Procurement Optimization Software Supply Chain Planning Software ToolsGroup 156

Supply Chain Shaman

MARCH 21, 2024

As the only woman on the team, I always laughed that I had no place to put it, but I did not buck the system. Engineers could sign up for hour-long blocks to use the new systems. We explore the concept of holistic inventory strategies focused on the form and function of inventory. Only 15% of inventories are safety stock.

Inventory Reduction 403

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

Logistics Viewpoints

JUNE 13, 2022

Brian Amend, Senior Director of Supply Chain Systems at Walgreens. Mr. Amend is the senior director of supply chain systems at Walgreens. To get the capabilities they needed quickly, they could not rip out the legacy order management system and spend three years implementing a new one. Then COVID hit,” Brian Amend said.

Supply Chain Planning Software 324

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Supply Chain Shaman

JULY 19, 2020

The supply chain is complex non-linear system that is easily thrown out of balance through a focus on functional metrics. They rock back and forth in improving singular metrics but struggle to improve a portfolio of growth, margin, inventory performance, and asset utilization. Change metrics systems.

Supply Chain Design Software 415

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 415

Logistics Viewpoints

APRIL 12, 2023

From the perspective of warehousing and distribution, inventory is related to the assets in the field that distribute power to customers within the region. The organization is using Hitachi Ellipse as its enterprise asset management system (EAM). SMECO’s RFP included a couple requirements of specific interest to its needs.

Maryland 277

Maryland Warehousing Supply Chain Network Software Inventory Management Software 277

Supply Chain Shaman

SEPTEMBER 13, 2023

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. False Belief in Current Systems. The reason?

Supply and Demand 385

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 385

Logistics Viewpoints

SEPTEMBER 11, 2024

With faster, more reliable connectivity, logistics systems are becoming more efficient and automated. This allows vehicles to interact with each other, warehouse systems, and control centers with minimal delay. These vehicles rely on constant communication with their surroundings, including traffic systems and other vehicles.

Logistics Network Optimization Software 272

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 272

Logistics Viewpoints

JANUARY 1, 2024

An omnichannel order management system helps companies meet growing customer expectations. An omnichannel order management system allows an organization to execute order fulfillment across all channels and fulfillment flow paths. Historically, an OOM has access to all the company’s inventory. However, Ms.

Omnichannel 248

Omnichannel Modeling Optimization Software Optimization Modeling 248

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. Few of these systems talk to each other.

Real-time Visibility 295

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

Logistics Viewpoints

JUNE 19, 2023

However, AI’s inability to solve the very limited problem of ensuring that inventory is located in the right place in a warehouse suggests that planners don’t have to worry too much about job security. For fulfillment to be efficient, a warehouse needs the right inventory located in the right slots in a warehouse.

Supply Chain Design Software 261

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 261

Supply Chain Shaman

APRIL 9, 2021

Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Sadly, most of it is the wrong inventory. Despite spending 1.1% Alignment Barriers.

Supply Chain Planning Software 360

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 360

Logistics Viewpoints

NOVEMBER 4, 2024

We are no longer just forecasting demand but also when trucks and factory machinery are likely to break down ( predictive maintenance ), the optimal amount of inventory to hold and where it should be held ( inventory optimization) , and labor forecasting in the warehouse. It is used by customs authorities worldwide.

Supply Chain Planning Software 287

Supply Chain Planning Software Modeling Optimal Sourcing Supply Chain Design Software 287

Supply Chain Shaman

NOVEMBER 21, 2023

In our discussion, we attempted to characterize and separate his performance from system issues. I was promoted to run the warehouse, and at the time, I had no experience in distribution, but was asked to run the largest distribution center in the system. In the early 1980s, As a result, we did not have a perpetual inventory signal.

Supply Chain Planning Software 339

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

Supply Chain Shaman

APRIL 27, 2022

The supply chain is a complex non-linear system. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. The rigid IT systems became a barrier to the rapid pace of acquisition and divestiture. Manage the Supply Chain As A Complex System. My learning?

Procurement Analytics 339

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

ToolsGroup

JULY 29, 2021

You set aggregate and service class goals for different product groups or markets; the planning system will automatically translate customer service goals into SKU level service targets for each item within each service class. ? Coordinating the implementation and system integration requirements with IT.

Supply Chain Planning Software 295

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Modeling 295

Logistics Viewpoints

JANUARY 21, 2021

Machine learning (ML) techniques can be applied to provide more accurate transit information and estimated arrival times (ETAs) by analyzing the historical shipment data in your transportation management systems. It can minimize the number of actual delayed shipments by making better planning decisions upfront before the orders are shipped.

Predictive Analytics Software 358

Predictive Analytics Software Logistics Network Optimization Software Modeling Inventory Reduction 358

Supply Chain Shaman

OCTOBER 23, 2024

Will we transform and improve supply chain planning systems based on AI? In the redefinition of work and choices on improving decision support technologies, companies need to define the requirements for the system of record and the systems of insights. However, SAP supply chain planning is an excellent system of record.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 261

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Now, let’s take consumer products. What can we learn?

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Logistics Viewpoints

NOVEMBER 27, 2024

In the rapidly evolving world of global supply chains, interoperability—the ability of systems, devices, and organizations to work together seamlessly—has become a critical factor for operational efficiency. Logistics systems must ensure that information about shipments flows correctly between suppliers, distributors, and retailers. •

Modeling Software 272

Modeling Software Supply Chain Planning Software Modeling Supply Chain Design Software 272

Logistics Viewpoints

MAY 11, 2023

To define what exactly it is, a digital twin is a virtual replica of a physical asset, process, or system. In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse. Most modern WMS’ provide forecasting and analytics.

Modeling 275

Modeling Analytics Software Supply Chain Design Software Optimization Software 275

Supply Chain Shaman

APRIL 15, 2020

Instead, use demand sensing technologies to detect patterns with minimal latency into inventory requirements. Consider technologies like 1010 Data in consumer goods in conjunction with demand sensing technologies to replace rules-based consumption of demand into an inventory signal. The supply chain is a complex, non-linear system.

Supply Chain Planning Software 440

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 440

Supply Chain Shaman

MAY 13, 2024

P&G did not appreciate the work Gilette accomplished on form and function of inventory and using market signals. As a result, the company’s performance at the intersection of margin and inventory turns was circular for the past decade. Profits were good, and the organization struggled to manage inventory.

S&OP 349

S&OP Supply and Demand Inventory Reduction Expense Reduction 349

Logistics Viewpoints

OCTOBER 17, 2022

A supply chain solution that understands constraints across multiple domains – inventory, manufacturing, and logistics is capable of optimized execution ASSUMING it has a real-time understanding of what is occurring across an n-tier supply chain. In that case, the system needs to tell the planner to receive that container first.

Supply Chain Planning Software 306

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

SCMDOJO

NOVEMBER 20, 2024

Excessive and obsolete inventory can cause a business to fail. One needs to mitigate these challenges and learn how to optimize inventory. Healthy inventory optimization management can help a company flourish like a wealthy field. That is why optimizing inventory and reducing obsolescence is a necessity. Click here!

Inventory Reduction 90

Inventory Reduction Vendor Strategies Cost Reduction Strategies Resource Reduction 90

Supply Chain Shaman

SEPTEMBER 5, 2022

A reactive supply chain introduces nervousness into a complex non-linear system. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. My take away?

Supply Chain Planning Software 243

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

Logistics Viewpoints

MARCH 25, 2021

It also takes flexible and redundant suppliers, systems, and talent to create an organization that survives and thrives while others struggle. You must have the people, processes, and systems in place to create your resiliency plan. Alternative sourcing and routing, contingency plans and redundant systems can help weather any storm.

Supply Chain Planning Software 325

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

Supply Chain Shaman

JULY 31, 2024

Teaching an organization how to use a planning system to drive value takes 3-4X longer than the technology implementation. Instead, the best results happen through training, alignment, and process definition of how to use planning systems help to drive better decisions. Insights Let me start with a discussion on “what is value?

Supply Chain Planning Software 323

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

Logistics Viewpoints

OCTOBER 2, 2024

Smart warehouses, governed by standards like ISO 9001 for quality management, are also integrating AI systems to optimize inventory management and automate the loading and unloading processes. technologies can help offset the costs of integrating these advanced systems. How to Surmount Those Obstacles?

Warehousing 268

Warehousing Logistics Network Optimization Software Inventory Management Software Supply Chain Planning Software 268