Supply Chain Shaman

APRIL 1, 2015

In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. In the research for my inventory optimization report, the lowest level of satisfaction with multi-tier inventory optimization is with clients of the SAP inventory solution (previously purchased from SmartOps).

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Network Design Software Optimization Software 150

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Inventory strategy.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Inventory strategy.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ToolsGroup

MAY 24, 2016

Editor's Note: There will be no blog post next week. In a 2015 SupplyChainBrain interview she says this allows companies to give their customers a differentiated experience – she compares it to the difference between fine dining and fast food. In a blog earlier this year entitled What's wrong with ABC inventory classification?

Supply Chain Segmentation 159

Supply Chain Segmentation Optimal Sourcing Gartner Supply Chain Optimization 159

Supply Chain Shaman

MARCH 28, 2016

To help, in this post, we provide you with some insights for the period of 2006-2015. In our analysis, only one out of ten companies successfully improves operating margins and inventory turns at the same time. The analysis is for two time periods: 2006-2015 and 2009-2015. Inventory Turns. A Look at History.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Supply Chain Shaman

DECEMBER 15, 2015

To help, in this blog post I share industry trends. For the discrete industries we contrast the industry averages for growth, operating margins, inventory turns, cash-to-cash cycle, revenue per employee, and SG&A ratio for the periods of 2006-2014 and 2011-2014. Inventory Turns. 2016 is around the corner. Cash-To-Cash.

Industrial 150

Industrial Industry Inventory Reduction Metrics 150

Supply Chain Shaman

DECEMBER 15, 2015

To help, in this blog post, I share industry trends. For the discrete industries, we contrast the industry averages for growth, operating margins, inventory turns, cash-to-cash cycle, revenue per employee and SG&A ratio for the periods of 2006-2014 and 2011-2014. Inventory Turns. 2016 is around the corner. Cash-to-Cash.

Industrial 150

Industrial Industry Inventory Reduction Metrics 150

SCMDOJO

JULY 29, 2022

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. Boston: Pearson, 2015.

Sourcing Strategies 105

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 105

BR Williams Supply Chain Management

SEPTEMBER 25, 2023

This business unit was the most recent to receive an ISO 9001:2015 certification. In this blog post, we will take you through the significance of ISO 9001:2015 certification for BR Williams. A Process-Based Approach to Excellence One of the key elements of ISO 9001:2015 is its process-based approach to quality management.

Quality 52

Quality Optimal Sourcing Cost Reduction Strategies Logistics Network Optimization Software 52

Supply Chain Shaman

JULY 19, 2015

Writing a Shaman blog post is now a Sunday night ritual. When readers finish a Supply Chain Shaman blog, I want to drive a set of unique takeaways. However, for elements like forecast error, customer service and slow-moving inventory self-reported data is not sufficient. Business Dictionary.com. This is my goal.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

QAD

MAY 12, 2022

The company began outsourcing manufacturing, reduced on-hand inventory from months to days and directed investments into critical technologies like flash memory, helping to cut costs and improve profitability , fueling Apple’s turnaround and setting it on a renewed growth path. . Contributions to Manufacturing Sustainability.

Sustainability 94

Sustainability Alabama Inventory Reduction Cost Reduction Strategies 94

Supply Chain Shaman

DECEMBER 23, 2014

When your phone rings, and you and your supply chain team is called to the corporate office to talk about the expansion of your ecommerce strategy for 2015, here are my recommendations: 1) Embrace the Each. Get Good at Having a Real-time Perpetual Inventory Signal. No matter where inventory is, put it to work. 3) Test and Learn.

Packaging 290

Packaging Inventory Reduction Supply Chain Design Software San Francisco 290

ToolsGroup

JUNE 11, 2020

In January 2015 SKF decided to proactively improve its supply chain to better innovate and respond to market disruptions. Establish the digital twin The next step was bringing the supply chain network map to life by adding operational data: details like open customer orders, goods-in-transit, and inventory levels.

Gartner 248

Gartner Supply Chain Planning Software Supply Chain Software Optimization Software 248

RFgen

OCTOBER 6, 2016

Clearance sales are one way to get rid of excess inventory. may need to find ways to reduce inventories without throwing away money. The Washington Post reported the retail industry didn’t see the success expected from the 2015 holiday shopping season and failed to grow as projected. What Does Too Much Inventory Mean?

Inventory Reduction 52

Inventory Reduction Inventory Retail Waste Reduction 52

RFgen

OCTOBER 6, 2016

Clearance sales are one way to get rid of excess inventory. may need to find ways to reduce inventories without throwing away money. The Washington Post reported the retail industry didn’t see the success expected from the 2015 holiday shopping season and failed to grow as projected. What Does Too Much Inventory Mean?

Inventory Reduction 52

Inventory Reduction Inventory Retail Waste Reduction 52

AFFLINK

JANUARY 26, 2017

Proper hospital inventory management can be tricky: administrators and healthcare supply chain professionals must make sure their facilities have enough product to meet demand from doctors and nurses, but not too much that it negatively impacts the hospital’s budget or takes up too much space. Collect Data from the Supply Chain.

Inventory Management Software 48

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 48

Logility

MAY 7, 2020

and up to date transaction data (order status, inventory positions, shipment tracking, etc.) www.forbes.com , 2015. DHL Research Brief, 2015. www.logility.com/blog , 2017. to enable rich and continuous analysis and response to unplanned events. Read: Making the Case for AI and Machine Learning.). Accenture, 2014.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

ToolsGroup

JULY 26, 2016

The Boston Consulting Group said at the 2015 Grocery Manufacturers Association/Food Marketing Institute (GMA/FMI) supply chain conference that 22% of polled respondents said less accurate forecasts were one of their top hurdles to improving service. They don’t know how to segregate, forecast or inventory these “extreme error” items.

Forecasting 120

Forecasting Supply and Demand Optimal Sourcing Inventory Reduction 120

Supply Chain Shaman

JULY 5, 2016

Both Kimberly-Clark and P&G are going backwards on operating margin while making progress on inventory turns. Orbit Chart for Kimberly-Clark and P&G for the Period of 2006-2015. Orbit Chart of Colgate for the Period of 2006-2015. As the company spiraled in the updraft of the market, it built inventory.

Supply Chain Planning Software 150

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Industrial 150

Supply Chain Shaman

AUGUST 14, 2016

The focus is on channel data: price; inventory positions; and policies. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. An example of social listening is the Lenovo Case Study presented at the 2015 Supply Chain Insights Global Summit. Market Drivers.

Material Savings 185

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 185

Supply Chain Shaman

NOVEMBER 3, 2015

LLamasoft acquired the LogicTools assets from IBM in the spring of 2015.) For those who are new to reading the Supply Chain Shaman blog, let me begin my analysis with a disclaimer. The Acquisition Is a Mixed Bag for the Inventory Management Market. This is LLamasoft’s second acquisition within a year. Market Confusion.

Supply Chain Design Software 0

Supply Chain Design Software Supply Chain Planning Software Network Design Software Supply Chain Software 0

Supply Chain Shaman

FEBRUARY 12, 2017

Note that neither company is making progress at the intersection of operating margin and inventory turns. The level of performance in 2015 is the same as 2006. Performance of BMS and Merck at the Intersection of Inventory Turns and Operating Margin. Performance and Improvement within the Pharmaceutical Industry for 2009-2015.

Pharmaceutical 150

Pharmaceutical Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design 150

Kinaxis

AUGUST 27, 2014

by CJ Wehlage If you read my prior blog, “ Storage Wars rescues supply chain ignominy ”, you would have seen my garage after I moved from Boston to San Diego. In January, 2015, I will follow up this blog with more details. Know your inventory, what needs to turn now, this week, this month, etc.

Las Vegas 184

Las Vegas San Diego Supply Chain Planning Software Supply Chain Planning 184

Supply Chain Shaman

JULY 21, 2015

As a student of the social sciences, on this blog, I want to continually share insights to drive new levels of thinking. In Figure 1, I share an analysis of user satisfaction of demand, tactical supply, inventory and Sales and Operations Planning (S&OP) technologies using this technique. What else do we see in the data?

Supply Chain Planning Software 150

Supply Chain Planning Software Demand Planning Software Supply Chain Software Analytics Software 150

Enterra Insights

OCTOBER 26, 2022

From supporting cutting-edge cancer research to helping businesses track their inventory, machine learning and AI offer the ability to disrupt and enhance our existing processes in virtually every segment of society.”[1]. Mankins and Lori Sherer, “ Creating value through advanced analytics ,” Bain Brief, 11 February 2015.

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

Enterra Insights

FEBRUARY 7, 2022

Automating processes for improved inventory turnovers. With AI, you can get better inventory management and delivery logistics while reducing operating costs.” Mankins and Lori Sherer, “ Creating value through advanced analytics ,” Bain Brief, 11 February 2015. [6] ” Concluding Thoughts.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Analytics Software Inventory Management Software 130

SCMDOJO

APRIL 15, 2024

In this blog post, we’ll explore how Amazon does it all. With a wide array of products stored in its fulfillment centers, Amazon can consolidate orders and optimize its inventory management systems. The inner workings of logistics at Amazon are a marvel of efficiency, precision, and constant innovation.

Logistics Network Optimization Software 81

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 81

NC State SCRC

FEBRUARY 27, 2023

Here’s another blog from my colleague, Rajinder Bhandal from Leeds University. Incidentally, back in 2015, Resilinc were already fully engaged in this type of discussion with an article published on the theme: How Can Sun Tzu’s The Art of War Help Your Supply Chain Resiliency Planning?

Modeling 52

Modeling Scenario Planning Supply Chain Planning Software Supply Chain Network Software 52

Supply Chain Shaman

FEBRUARY 28, 2021

For example, Vendor Managed Inventory (VMI) systems, a useful stream of customer data, do not connect to planning. This is the goal of this blog post. In 2015, there was a step-change in the use of machine learning by innovators in supply chain planning. Opportunities Abound. In the organization, lots of data is not used.

Supply Chain Planning Software 373

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 373

The Network Effect

SEPTEMBER 25, 2015

Jim Tompkins addressed these four topics during his keynote speech at the 2015 Tompkins Supply Chain Leadership Forum. Over the next few days, we will release these questions and answers in four separate blog posts. Jim Tompkins: In 2015? Without making these choices supply chains will flounder and fail. Omnnichannel.

Omnichannel 100

Omnichannel Transportation Supply Chain Inventory 100

ToolsGroup

MAY 10, 2016

There is a reoccurring conversation in the parts industry that suggests that demand and distribution in this space is so complex that companies need to settle for less – lower customer service levels, fewer inventory turns, more obsolete or stranded inventory, and ultimately less contribution to corporate profitability. What’s changed?

Supply Chain Planning Software 120

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

Oracle SCM

NOVEMBER 1, 2017

Two years ago it was reported by CNBC that the inability to efficiently manage inventory cost retailers $1.75 trillion due to inadequate inventory control as it relates to out-of-stock, overstocked, and returned inventory. Fixing fulfillment problems isn’t about having more inventory on hand than is needed.

Real-time Visibility 113

Real-time Visibility Supply Chain Planning Software Supply Chain Network Software Supply Chain Software 113

Supply Chain Shaman

MAY 1, 2014

As hospitals adopted consignment planning programs, inventory progress slowed. The turns are the lowest of any industry, and despite investments in technologies and processes, inventory turns have only improved 3%, and Cash-T0-Cash (C2C) cycles have declined 4%. The shift of inventory without the sharing of data is a mistake.

Supply Chain Planning Software 290

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 290

ToolsGroup

MARCH 24, 2021

I have been a ToolsGroup partner since 2015, after working over 10 years at a global consumer goods company, where I started knowing and enjoying the benefits of ToolsGroup Service Optimizer 99+ (SO99+). Consequently the company was prepared with enough inventory to meet demand and service levels. My company Advancetics B.V.

Modeling 177

Modeling Supply and Demand Supply Chain Disruption Supply Chain Planning Software 177

Enterra Insights

AUGUST 4, 2022

He explains, “Your company is probably using AI, most likely on a correlation basis to improve forecasting, eliminate bias, determine inventory policies, or predict disruption due to external vectors like weather. Mankins and Lori Sherer, “ Creating value through advanced analytics ,” Bain Brief, 11 February 2015. [10]

Supply Chain Planning Software 130

Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Software Supply Chain Planning 130

Supply Chain Shaman

DECEMBER 18, 2014

My blog post is written for you to understand what needs to happen… While companies need to be good at forecasting, and redefining forecasting to be outside-in is needed: it is not sufficient. Demand sensing typically improves inventory turns by 11% and reduces obsolescence. Let’s make 2015 a great year!

Supply and Demand 279

Supply and Demand Forecasting Supply Chain Planning Software Forecasting Software 279

Herlitz Inventory Management

JULY 7, 2021

Growing up with a father who developed inventory management software for a living spawned some interesting conversations around the dinner table. It hasn’t been lost here at Herlitz Inventory Management! Since 2009, when Herlitz Inventory Management was founded, annual inflation has been below 3 percent in the US. Sequestration.

Pricing Training 52

Pricing Training Purchasing Training Negotiating Skills Inventory Management Software 52