Elementum

OCTOBER 17, 2018

e-commerce market has nearly doubled in size since 2011, and is forecast to grow to $737B by 2022. As recent losses by H&M and other major brands illustrate, poor inventory management can be a major cause of financial distress. There are a few solutions for the problem of inventory management in the omnichannel era.

Inventory Reduction 68

Inventory Reduction Cost Reduction Strategies Inventory Management Software Inventory Management 68

SYSPRO Smarter ERP

JANUARY 29, 2024

what used to be called the Fourth Industrial Revolution or 4IR) has been around since 2011. Inventory management is becoming increasingly cloud-based, allowing businesses to access their inventory data from anywhere, at any time, and on any device with an internet connection. Industry 4.0

Manufacturing Procurement 52

Manufacturing Procurement Trends Manufacturing Inventory Management Software 52

SCMDOJO

MARCH 25, 2022

Although logistics represents a whole system of space/time interdependencies, we believe that the discussion of its history and its chronological evolution still requires extensive studies to explore its origin and its advance in time, from a new point of view. It became a large-scale activity during the industrial revolution.

Supply Chain Planning Software 131

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 131

Supply Chain Shaman

DECEMBER 17, 2018

It is just not enough to do a software upgrade or slowly push continuous improvement projects. Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. Nick is a master of influence skills and building cross-functional, horizontal processes. In this post we share our take on his journey.

Demand Planning Software 245

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 245

Talking Logistics

APRIL 16, 2015

Inventory optimization has always been a challenge while designing and planning a supply chain. A variety of barriers can impact an effective inventory strategy, such as working in functional silos and demand/supplier volatility¹. Asking the Right Inventory Questions. How can I reduce supplier lead times?

Inventory Reduction 100

Inventory Reduction Material Savings Cost Reduction Strategies Price Mitigation Strategies 100

Enterra Insights

JANUARY 6, 2022

Pini Mandel, cofounder and CEO of Quicklizard, observes, “Ever since Borders bookstore realized it could no longer compete in 2011 and shut down all 399 of its stores, there’s been a steady stream of iconic stores that folded. Iconic chains, like Sears and K-Mart, seemed to vanish overnight. and Wayfair Inc. and Wayfair Inc.

Optimal Sourcing 173

Optimal Sourcing Retail Optimization Software Analytics Software 173

The Logistics & Supply Chain Management Society

JULY 23, 2020

They built risk assessment in their DNA to make their value chain as resilient as possible at the same time keeping an ability to adapt and change to market dynamics and customer demand volatility. What are the learnings from Covid disaster that leaders will incorporate into future supply chains? Case Study Agility: ZARA.

Agile and Lean Supply Chain 258

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

ToolsGroup

DECEMBER 17, 2020

Not all disruptions are as cataclysmic as Japan’s 2011 tsunami or COVID-19, but smaller logistic and control disruptions/disconnections are happening continuously in most supply chains. They have less dramatic operational consequences, but expose the problem just the same. . In the past such a delivery had a service time of days. .

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 275

ToolsGroup

DECEMBER 4, 2018

For instance, The Economist reports that between 2011 and 2015 the largest 25 food and beverage incumbents accounted for nearly half (45%) of total industry revenue, but smaller companies drove nearly all (97%) of market growth. But when venturing into the DTC market they need to compete on the customer experience, not just customer service.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 159

Supply Chain Shaman

MARCH 9, 2020

Time to Sense Market Shifts in the 2007 Recession. Today was the worst day in the S&P since August 2011. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods. The problem? Wrong focus I thought.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

MIT Supply Chain

JULY 22, 2021

We are now witnessing a corporate version of this practice, as supermarkets build inventories in anticipation of product shortages. A silver lining is that the lessons learned could lead to more flexible approaches to inventory management generally. Our inventories are up significantly over the same period last year.”

Company 52

Company Inventory Reduction Supply and Demand Agile and Lean Supply Chain 52

QAD

OCTOBER 26, 2023

Computer chips were recently in short supply and the shortage list has included children’s pain relievers, EV components, eggs and, of course, toilet paper at times. Not only do they expect items in a timely fashion (like 1-2 or even same-day shipping thanks to the Amazon Effect), but customers also demand visibility.

Supply Chain Disruption 94

Supply Chain Disruption Supply Chain Software Supply Chain Strategy Modeling 94

Taulia

APRIL 13, 2022

As the last couple of years have demonstrated, even the most optimized supply chains are not immune to the risk presented by possible disruption – and this, in turn, can make it difficult for companies to meet orders on time. Supply chains are often highly complex in today’s globalized environment. Types of supply chain disruptions.

Supply Chain Disruption 98

Supply Chain Disruption Supply Chain Optimization Supply Chain Planning How To 98

Unleashed

MAY 10, 2020

Many are quick to blame just-in-time (JIT) manufacturing for their lack of components and raw materials. We’ll take a closer look at: Pull inventory systems. The just-in-time system and its underlying principles. Pull inventory systems. Pull systems help a business deliver work just in time.

Agile and Lean Supply Chain 72

Agile and Lean Supply Chain Waste Reduction Supply Chain Planning Software Supply Chain Design Software 72

Resilinc

JANUARY 19, 2022

For the first time in 90 years, Toyota has become America’s top-selling automaker. It also marks the first time a non-domestic automaker has taken the top spot in the U.S. Thus emerged the system later known as just in time,” McLain wrote in May 2021. Was it Toyota’s marketing? Its reputation for quality?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Price Reduction Cost Reduction Strategies 62

Resilinc

JANUARY 18, 2022

For the first time in 90 years, Toyota has become America’s top-selling automaker. It also marks the first time a non-domestic automaker has taken the top spot in the U.S. Thus emerged the system later known as just in time,” McLain wrote in May 2021. Was it Toyota’s marketing? Its reputation for quality?

Supply Chain Visibility 62

Supply Chain Visibility Supply Chain Planning Software Agile and Lean Supply Chain Inventory Reduction 62

Resilinc

JANUARY 17, 2022

For the first time in 90 years, Toyota has become America’s top-selling automaker. It also marks the first time a non-domestic automaker has taken the top spot in the U.S. Thus emerged the system later known as just in time,” McLain wrote in May 2021. Was it Toyota’s marketing? Its reputation for quality?

Inventory Reduction 62

Inventory Reduction Sourcing Strategies Price Reduction Cost Reduction Strategies 62

Kinaxis

NOVEMBER 1, 2017

Times have changed. Times have changed. Supply chain planners (I’m lumping in all the silos, including demand, supply, inventory and capacity planning) today are dealing with challenges that were unimaginable when Lotus notes were the next big thing. Let’s just look at some events: 2017 – Hurricane Irma (plus others).

Network Optimization 158

Network Optimization Supply Chain Network Software Modeling Supply Chain Planning Software 158

Supply Chain Matters

SEPTEMBER 23, 2022

Implied is that these vehicles will remain as factory inventory until needed components arrive and customer or dealer orders can then be fulfilled. The Ford warning caused the company’s stock to fall 12 percent, the biggest one-day loss since 2011. Background. Development.

Cost Reduction Strategies 59

Cost Reduction Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Planning Software 59

Enterra Insights

FEBRUARY 22, 2022

Technology writer Dennis Scimeca ( @DennisScimeca ) explains, “Just like manufacturers that failed to switch from manual to automated processes during the Industrial Revolution found themselves obsolete, so it goes with the digital era. One of the megatrends that has been driving manufacturing for over a decade is digitization.

Manufacturing Procurement 130

Manufacturing Procurement Trends Manufacturing Predictive Analytics Software 130

Supply Chain Shaman

AUGUST 13, 2021

At that time, the challenge seemed daunting. In Figure 1, I highlight the significant shifts in my lifetime: Just four decades ago, McKinsey coined supply chain management as managing source, make, deliver, and plan together. ” Bill Gates. Today, my goal is to finish the agenda for the Supply Chain Insights Global Summit.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 195

Infosys Supply Chain Management

NOVEMBER 1, 2011

Main | Demand Planning in CPG industry - Practising the Best Practices » The Upcoming 2011 Holiday Buying Season will again Test Retailer MCO and Supply Chain Capabilities. Far more value-oriented shoppers would embrace just-in-time shopping techniques, balancing perceived best price with product availability.

Eliminating Excel in Purchasing 30

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply and Demand 30

Infosys Supply Chain Management

DECEMBER 29, 2011

» The Real Headline for the 2011 Holiday Buying Season- Need for Balancing Retailer Online and Fulfillment Process Investments. As we approach the latter stages of the 2011 holiday buying season, the uptick in online buying has indeed occurred. Guest Post by. There were many considerations motivating consumers to online channels.

Manufacturing Procurement 29

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 29

Herlitz Inventory Management

MAY 19, 2017

Herlitz IM deployed the inventory and buying solution in 40 days, which included training the company’s buying team. The solution was deployed in just 40 days and included training of the buyers. The solution was deployed in just 40 days and included training of the buyers. It is going to improve my quality of life.”.

Inventory Management Software 40

Inventory Management Software Inventory Management Purchasing Training Buyer Training 40

Supply Chain Shaman

MARCH 3, 2013

It was called multi-enterprise inventory optimization. In the beginning, the inventory management solutions of LogicTools , Optiant and SmartOps pushed to take operations research to a new level through supply chain optimization. SAP released an S&OP solution using HANA in 2011. epitaph n. It is no more.

Supply Chain Planning Software 212

Supply Chain Planning Software Modeling Optimization Software SAP 212

Enterra Insights

NOVEMBER 20, 2019

Back in 2011, supply chain analyst Trevor Miles ( @milesahead ) noted there is a similar sounding word supply chain managers should associate with VUCA. How it will self-manage customer inventories. … It provides a clear view of inventory and supply chain activity, and ultimately, it helps create responsive supply chains.”

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Global Supply and Demand 100

Resilinc

FEBRUARY 7, 2023

million vehicles, a sales total not seen since 2011. However, the nature of the chip shortages and the device types affected will change over time, requiring automakers to actively manage risks as the situation evolves.” automotive industry was battered in 2022, with its sales dropping about 8% from 2021 to 13.7 sales up by 2.5%

Automotive 62

Automotive Industrial Industry Manufacturing Procurement 62

The Logistics & Supply Chain Management Society

JUNE 10, 2021

Scott welcome to 1st in our fire-side chats for 2021 & thank you for making the time to speak to us in what can imagine your very busy schedule”. Scott welcome to 1st in our fire-side chats for 2021 & thank you for making the time to speak to us in what can imagine your very busy schedule”.

Sourcing Strategies 162

Sourcing Strategies Manufacturing Procurement Material Savings Negotiating Skills 162

DELMIA Quintiq

JUNE 24, 2015

Data we’ve collected in our annual Chief Supply Chain Officer (CSCO) study since 2011 shows that, by a slim margin, the majority of supply chain organisations say that the CEO recognizes them as an equal partner in corporate strategy to other functions like sales, marketing and product development. They just want answers.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Supply Chain Strategy Gartner 120

Supply Chain Shaman

NOVEMBER 14, 2016

I followed his journey during the period of 2006-2011, and wanted to check in with him to gain his insights on the selection of VTech as a finalist in the Supply Chains to Admire research. Inventory Turns. Better performance in inventory turns than the peer group average for the period studied. Price to Tangible Book Value.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Enterra Insights

NOVEMBER 23, 2021

In total, about US$14 trillion of the world’s goods spend some time inside a big metal box.”[3]. A recent episode of CBS’s “60 Minutes” ran a segment on some of the issues involved in the current global supply chain crisis — focusing primarily on U.S. port operations. And out at sea? They used to pull right in.

Supply Chain Design Software 130

Supply Chain Design Software Shipping Supply Chain Design Supply Chain Planning Software 130

Unleashed

APRIL 1, 2020

And secondly, businesses now have a window of opportunity to reflect on how to adapt and survive in these times and beyond. Review existing inventory management systems. 85% of companies that were growth leaders before a recession toppled during bad times, according to a 2010 study by Harvard Business Review.

Material Savings 106

Material Savings Inventory Reduction Inventory Management Software Supply Chain Planning Software 106

Resilinc

FEBRUARY 22, 2021

To reflect the reality that SCRM programs take time to mature, ROI should be calculated over a three-year period. Few executives are incentivized to rigorously manage supply chain risk, so they focus on urgent short-term issues, leaving little time to work on SCRM capabilities. Anticipate and answer objections.

Supply Chain Risk Management 62

Supply Chain Risk Management Risk Management Supply Chain Design Software Agile and Lean Supply Chain 62

Elementum

JUNE 7, 2022

Importantly for this case, supply chain responsibility includes the people, technology, data, and processes required to assure the quality of the finished product, its continued availability, and regular, timely delivery. If that sounds like a lot — it is! However, sad to say, this kind of situation is not unusual.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 78

GlobalTranz

JULY 21, 2016

In 2011, eCommerce represented a fraction of overall retail operations. Warehouses Renew Focus on Inventory Control. The simplest way of making a warehouse run efficiently is by managing inventory better. At the same time, more warehouses only mean more products can be stored. Warehousing Expansion Is a Must.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Negotiating Skills Warehousing Logistics 120

Supply Chain Matters

FEBRUARY 20, 2024

Since that time, the scrutiny and viewpoints focused on Boeing by government regulators, aircraft customers, mainstream business media and flyers themselves remains in the headlines. In this Supply Chain Matters Editorial , Founder and Executive Editor Bob Ferrari focuses on Boeing’s ongoing corporate culture challenges.

Supply Chain Network Software 52

Supply Chain Network Software System Sourcing Strategies Resource Reduction 52

Logility

AUGUST 25, 2011

Then, it just faded away. VMI was widely hyped to dramatically reduce inventories, cut costs and improve efficiency across the supply chain. While it did accomplish these goals some of the time, its key hurdle and reason for the lack of continued support was the absence of true collaboration between trading partners.

Vendor Strategies 100

Vendor Strategies Inventory Reduction Cost Reduction Strategies Logility 100