Supply Chain Shaman

DECEMBER 7, 2023

I would then consider taking five actions: Build on the Power of Existing Networks. Build a network of networks. Under the Defense Production Act, force all public network companies to interoperate. Improve visibility across the networks that operate in self-serving business models. Force interoperability.

Supply Chain Design Software 315

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

Logistics Viewpoints

MAY 26, 2022

It’s time to focus on how we innovate and optimize our businesses and operations in this permanently altered world. Across many of our industries, conventional wisdom about best practices for supply chain operations and logistical networks is being challenged. Challenges drive dramatic shifts in supply chain and logistics.

Logistics Network Optimization Software 277

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 277

Logistics Viewpoints

DECEMBER 18, 2024

Renewable Energy for Facilities: Warehouses and distribution centers can integrate solar panels and wind turbines to lower energy costs and carbon footprints. Green Logistics: Optimizing transportation routes, consolidating shipments, and employing energy-efficient vehicles to reduce emissions.

Optimal Sourcing 189

Optimal Sourcing Material Savings Supply Chain Design Software Supply Chain Planning Software 189

Logistics Viewpoints

JUNE 9, 2022

But what really gets the supply chain and warehouse managers in a sweat are extremely intense sales days or weeks such as the well-known Black Friday or Cyber Monday. Imagine a warehouse operating around the clock, 360 days a year. Before the peaks – using data analytics to make the right decisions.

Logistics Network Optimization Software 240

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 240

Logility

MARCH 6, 2020

Machine Learning for demand forecasting has matured to a level of accuracy, transparency and replicability that translates into transformative results, including in these five areas: Accuracy, transparency, thoroughness of analytical options and results. Analytical processing speed and accelerated corporate learning.

Forecasting 260

Forecasting Supply and Demand Forecasting Software Modeling 260

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. As disruptive events occur along the digital thread, the entire organization can act in a fluid, connected manner to optimize costs, service levels and other outcomes.

Logistics Network Optimization Software 194

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 194

Ware2Go

NOVEMBER 15, 2021

Use this guide to understand warehousing services, prioritize service level agreements, and choose the right warehouse partner for your business. Table of Contents: What is Warehousing? What Is Warehousing? Types of Warehousing Services. By this definition, a warehouse would only provide inventory storage.

Warehousing 105

Warehousing Negotiating Skills Inventory Reduction Supply Chain Network Software 105

Logistics Viewpoints

JUNE 1, 2023

This means continuously assessing the trade-off between the total cost to serve and meeting customer demand and minimizing lost sales. The increasing need for constantly analyzing these trade-offs across the supply chain networks has highlighted the need for digital twins and what-if capabilities in network design solutions.

Supply Chain Planning Software 203

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 203

QAD

JUNE 25, 2019

Managing inventory effectively is a delicate balancing act, affected by lead times, supply chain efficiency , demand variability, product complexity, product life cycles, warehouse space and practices, among other variables. Using Metrics to Measure the Health of the Business. Tracking, Managing, and Choosing Metrics.

Procurement Analytics 111

Procurement Analytics Metrics Inventory Reduction Inventory 111

Logistics Viewpoints

DECEMBER 14, 2021

To keep customers like my dad satisfied, RGD and Quick-commerce companies need to invest in new technologies to optimize the supply chain and logistics operations. Inventory Optimization. Inventory Optimization involves decisions about the inventory level, the location, and the mix of products. Route Optimization.

Supply Chain Planning Software 210

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 210

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. Figures 2 and 3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 79

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 79

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. I saw how their platform unified finance and procurement activities, but not supply chain. I saw this claim as being more a statement of intention than of fact.

Supply Chain Design Software 212

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 212

ShipBob

NOVEMBER 22, 2021

Accurate analytics can be the roadmap to your business’s success. That’s why ecommerce analytics are vital if you want your DTC brand to grow. In this post, we’ll help you identify the key metrics you need to track in ecommerce analytics and the best tools that will help you gain a competitive edge.

Procurement Analytics 98

Procurement Analytics Analytics Software Analytics Optimal Sourcing 98

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.

Sourcing Strategies 72

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 72

6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

DELMIA Quintiq

DECEMBER 9, 2015

To do so, I will dive into data analytics and the role it could play in making supply chain logistics more efficient. Descriptive, predictive, and prescriptive analytics. When you talk about analytics, you probably use one of the three adjectives describing the nature of the beast: Descriptive, predictive, and prescriptive.

Predictive Analytics 120

Predictive Analytics Prescriptive Analytics Software Predictive Analytics Software Analytics Software 120

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. In times of uncertainty, cash is king.

Optimal Sourcing 236

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 236

Freightos

OCTOBER 26, 2020

The free report is available in PDF with supporting spreadsheets and high-resolution infographics here. Other sources reported that DB Schenker was not the only forwarder making this shift. Maersk 2019 Annual Report. DB Schenker, meanwhile, said that it had moved volumes away from Maersk earlier in the year.

Logistics Network Optimization Software 324

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Price Reduction 324

Logility

OCTOBER 6, 2023

Let’s break down the trade-off between an on-premises and a cloud environment, what it means for your business, and how you can realize the optimal potential of a cloud investment. Your organization can easily communicate and share data across its global supplier network. What do these drivers and advantages mean for my business?

Supply Chain Planning Software 191

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 191

Talking Logistics

DECEMBER 11, 2014

And its technology assets too, like the Kiva robots Amazon purchased [in 2012] and the data centers that power its cloud computing services. Amazon Inside P&G Warehouses: A Case of “What’s In It for We”. Big Data and Analytics for Oil and Gas Transportation. It’s the promise of Big Data, Business Intelligence, and Analytics.

Predictive Analytics Software 211

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 211

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 213

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 213

Logility

FEBRUARY 8, 2023

A key factor in the success of Logility’s network optimization solution is the use of reference data. However, it is misleading when you try to predict what you will spend in the next period. We believe users should be able to generate results immediately and be able to benchmark a model against their known costs.

Modeling 130

Modeling Optimization Modeling Modeling Software Network Optimization Software 130

Logistics Viewpoints

JUNE 12, 2024

Autonomous supply chains are systems that can operate with little to no human intervention, and they use artificial intelligence, robotics, automation, and sensors to optimize the flow of goods. Kongsberg purchased Rolls Royce’s autonomous marine division back in 2018 to help advance its position as a leader in this market.

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Software Shipping Supply Chain Optimization 252

Logistics Viewpoints

JUNE 8, 2023

Previously, only large companies such as Amazon and FedEx possessed the network and scale required for cost-effective same-day and next-day shipping. However, advancements in technology have made it possible for any company to automate and optimize their last-mile delivery operations. Cost is an important consideration as well.

Modeling Software 214

Modeling Software Optimization Software Supply Chain Network Software Logistics Network Optimization Software 214

SCMDOJO

JUNE 6, 2023

For businesses to succeed, supply chain optimization is essential to succeed. It helps reduce costs, increases efficiency, and can enhance customer satisfaction. Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Logistics Viewpoints

JUNE 23, 2022

E-commerce continues to grow yearly and it’s estimated that it will make up 30% of retail purchasing by 2024. Last-mile delivery accounts for 53% of overall shipping costs. These options help to increase delivery agility for retailers, but also introduces greater complexity and cost.

Logistics Network Optimization Software 217

Logistics Network Optimization Software Supply Chain Network Software Optimization Software Pricing Training 217

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. Supply Chain Competency: Focuses on core competencies to optimize operations.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Enterra Insights

APRIL 30, 2019

The impact of e-commerce and the consumer digital path to purchase has been significant. ”[1] Empty malls and struggling brick-and-mortar retailers also bear stark witness to the impact of the digital path to purchase. … Shoppers now purchase more online, making fewer trips to stores and seeing fewer in-store promotions.”[2].

Manufacturing Procurement 100

Manufacturing Procurement Purchasing Skills Procurement Solutions Procurement Analytics 100

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. Historic processes are inside-out tightly integrated to orders and purchase orders. Additionally, the Company operates several warehousing and assembly locations to over 100 core markets.

Customer Service 294

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 294

Logistics Bureau

JANUARY 3, 2025

If youve followed our blog over the years, youll know that weve shared lots of information about distribution network design, why its vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.

Network Design Software 63

Network Design Software Network Design Supply Chain Design Software Supply Chain Network Software 63

ToolsGroup

AUGUST 18, 2022

Distributors that adopt automated solutions (like machine learning and multi-echelon inventory optimization ) can make planning more collaborative using a single view of inventory that aligns stocking plans throughout the organization. Distributors tend to be more “purchase-focused” than “demand-focused.”. And the best news?

Optimization Software 156

Optimization Software Modeling Supply Chain Planning Software Supply Chain Optimization 156

Techgistics

SEPTEMBER 28, 2017

Patents range from the mundane like optimization of packaging sizes and allocating regional inventory to reduce out-of-stock costs to the more technologically advanced like autonomous vehicles, mobile ground-based fulfillment centers, and drones. So, why does Amazon want to do this?

Logistics Network Optimization Software 39

Logistics Network Optimization Software Apparel Logistics Supply Chain Design Software 39

Precoro

MAY 19, 2023

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 68

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 68

The Logistics & Supply Chain Management Society

JULY 23, 2020

Most of the current repetitive processes like (forecasting, reports, purchase orders & Invoicing) will be automated using various technologies. Digital twins are used throughout the product lifecycle to simulate, predict, and optimize the product and production system before investing in physical prototypes and assets.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

Jaggaer

DECEMBER 5, 2024

Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Supply Chain Software 52