Logistics Viewpoints

JANUARY 11, 2023

Inventory Management in a High Inflation Environment ; Clint Reiser. Instead, they are likely to carry higher levels of inventory as a lower cost alternative to minimizing disruptions. Beware the Swinging Pendulum on Supply Chain Inventory Practices ; Polly-Mitchell Guthrie ( Kinaxis ). Will it take decades? Clint Reiser.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 216

GlobalTranz

APRIL 13, 2021

million in 2020 , with compromised employee accounts the most common cause. Shifting consumer demand, bad weather, driver shortages, fuel prices and an array of influences conspire to shrink available capacity. During peak season 2020, small parcel shippers faced “shippageddon” due to the boom in e-commerce.

Supply Chain Disruption 205

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Logistics Viewpoints

JUNE 26, 2023

Mars is one of the largest fast moving consumer goods companies in the world. The Journey Begins Mars Wrigley began working with Aera in 2020 in the US. The algorithms generate recommendations on optimal ways to rebalance inventory based on cost and service level impacts.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Requis

JANUARY 9, 2020

Here are the supply chain trends that we see shaping the conversation, and the actual evolution, of B to B in 2020. In 2020, we’ll start to see more success stories about enterprises achieving full digitization with improvement stats proudly highlighted. In consumer goods, there is currently a $1.2 Digital twins.

Supply Chain Planning Software 52

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Enterra Insights

JULY 14, 2020

The staff at Consumer Goods Technology (CGT) writes, “Just five short months ago, the consumer goods industry was focused on building a supply chain to support the omnichannel era, focusing on four key areas: demand planning, fulfillment, manufacturing, and last-mile delivery. ” Cerasis Blog, 29 may 2020. [7]

Omnichannel 100

Omnichannel Analytics Software Supply Chain Planning Software Predictive Analytics Software 100

Freightos

DECEMBER 20, 2022

The global economy has gone through an incredibly tumultuous time since 2020. More than 80% of goods – by volume – are moved by ocean freight globally, so shipping costs directly impact the price level of imported goods. Freight rates as a forward looking indicator of CPI.

Purchasing Skills 156

Purchasing Skills Analysis Cost Reduction Strategies Freight 156

Enterra Insights

JANUARY 14, 2022

Lisa Johnston ( @thatljohnston ), Senior Editor at Consumer Goods Technology, writes, “Much has been written about the extreme shifts in consumer behavior patterns.”[2] The Council notes that nearly half of consumers “were new to a CPG brand in 2020.” ”[3]. .”

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

Supply Chain Matters

AUGUST 3, 2022

The latest report indicated that rates of expansion slowed in consumer, investment and intermediate goods industries, the latter for the third time in three months. Also highlighted was that purchasing activity, stocks of purchases and finished goods inventories collectively rose in July. down from the 52.7 slipping 2.3

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

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

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Supply Chain Matters

JUNE 7, 2023

Noted was a late May decline, largely driven by a more pronounced shift in inventories in the second half of May, reflecting a higher rate of expansion in the first half. Further, the report indicates that many consumer goods firms reportedly achieved the inventory wind down they strove for throughout 2022.

Negotiating Skills 52

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Supply Chain Shaman

APRIL 30, 2020

The approaches and technologies deployed before March 2020 are now legacy. The companies are just not good at managing inventories and orchestrating distribution strategies. The industry planning team expertise lags the consumer goods, and hi-tech industries. As a result, the supply chain, as we knew it is dead.

Supply Chain Design Software 352

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 352

Supply Chain Matters

DECEMBER 28, 2023

Timely Industry Example- Online Retail and E-Commerce With increased importance of online retail, E-Commerce or services-centric business models, enhanced coordination of customer focused fulfillment and inventory management has taken on special emphasis. and specifically increased demand for many forms of pandemic related consumer goods.

Supply Chain Planning Software 59

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Enterra Insights

OCTOBER 11, 2022

For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers. However, distribution centers may be given the conflicting task of minimizing excess inventory space and cost. ” • Manage inventory. Logility Blog, 27 October 2020. [5]

S&OP 130

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Enterra Insights

SEPTEMBER 28, 2020

The editorial team at Consumer Goods Technology (CGT) argues CPG companies have been slow to embrace cognitive technologies; however, the coronavirus pandemic is changing that picture. ” In other words, the right data can place the consumer at the center of CPG operations. Footnotes. [1] 5] Michael C. Footnotes. [1]

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Enterra Insights

MARCH 14, 2022

Sheffi observes, “One argument is that the just-in-time discipline enables companies to cut inventory carrying costs even if that comes at the expense of the integrity of their supply chains. He explains, “[The aim of JIT] isn’t simply to minimize inventory costs but to improve product quality.

Just-in-Time 130

Just-in-Time Inventory Reduction Supply Chain Planning Software Resource Reduction 130

ToolsGroup

SEPTEMBER 22, 2021

According to a 2020 Harvard Business Review study , women were rated as more effective leaders in a crisis. Nancy: Over the course of my career, supply chains have transformed from being characterized by high volume mass production, long runs, high inventory levels, and slow responsiveness.

Supply Chain Planning Software 177

Supply Chain Planning Software Gartner Supply Chain Software Agile and Lean Supply Chain 177

Supply Chain Shaman

JANUARY 2, 2019

Companies cannot save their way to supply chain excellence with cost-cutting and inventory management — customer back capabilities. The story will continue into 2020 as ERP vendors claw their way to market relevance. Between 2019 and 2020, a trading score will evolve that will rate trading partners on electronic capabilities.

Prescriptive Analytics Software 239

Prescriptive Analytics Software Supply Chain Planning Software Predictive Analytics Software Analytics Software 239

Supply Chain Matters

NOVEMBER 28, 2022

Specifically for retail and consumer goods focused supply chain management teams, a short-term tactical concern is the ongoing management of excess product inventories, which in many cases, need to be trimmed before the end of the year. per mile in November, reportedly the lowest since September of 2020. averaged $2.37

Sourcing Strategies 59

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 59

Logistics Viewpoints

OCTOBER 7, 2022

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. The vacancy rate was over 5 percent in the third quarter of 2020. Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink.

Logistics Network Optimization Software 185

Logistics Network Optimization Software Real Estate New York Logistics 185

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Supply Chain Shaman

NOVEMBER 1, 2015

Last week, I spoke on the evolution of the digital supply chains and my vision for Supply Chain 2020 at the World Trade Group Event in Miami. I had touched some nerves with my five predictions for 2020: Digital, Outside-in Value Networks. I believe the demographics shifts shown in Figure 1 will transform Supply Chain 2020.

Supply Chain Planning Software 150

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Enterra Insights

DECEMBER 16, 2021

percent higher than October 2020.”[2] In 2020, grocery prices increased 3.7% Consumers have also accumulated savings during the pandemic so [they] may be willing for now to pay more than they usually would. But bosses at consumer goods manufacturers expect more inflation in their cost base next year.

Supply Chain Design Software 130

Supply Chain Design Software Predictive Analytics Software Pricing Training Purchasing Skills 130

Supply Chain Matters

DECEMBER 13, 2022

In summarizing the challenges and performance of industry supply chains over the last three years, we start with the year 2020 when the Covid-19 pandemic initially impacted global economies and businesses. One of the most valuable learnings of 2020 was the value and dedication of people in supporting supply chain customer fulfillment needs.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Optimization Supply Chain Software Supply Chain Strategy 52

Enterra Insights

MARCH 9, 2022

For instance, … in shipping and logistics, machine learning models can analyze data on inventory, transit routes, truck location, etc. 24 December 2020. [3] 5] Bernard Brode, “ Where Predictive Machine Learning Falls Short and What We Can Do About It ,” insideBIGDATA, 27 June 2020. [6] ”[6]. 4] Michael C.

Predictive Analytics 130

Predictive Analytics Predictive Analytics Software Analytics Software Supply Chain Planning Software 130

Logistics Viewpoints

OCTOBER 4, 2021

To say that the pandemic made 2020 a very challenging year would be a gross understatement. And how can consumer goods companies learn from their performance in this pandemic to prepare for the future? The company provides demand and inventory planning solutions based on a public cloud architecture.

Inventory Reduction 221

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 221

Alloy

NOVEMBER 5, 2021

It’s a tough time to be the CFO in the consumer goods space. First, it was the unprecedented pandemic of 2020; now the supply-constrained present. CFOs are being forced to navigate inflation, rising supply costs, logistics challenges, and wild shifts in consumer demand. Be diligent about reducing unproductive inventory.

Waste Reduction 52

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Enterra Insights

JULY 19, 2021

Howland reports, “Except for March and April last year, when, for most of those weeks, retailers selling discretionary goods were shut in an effort to stem the spread of the coronavirus, retail sales in 2020, as tracked by Retail Dive, rose each month compared to 2019. It may be a new day for clothing sales. ” Footnotes. [1]

Retail 130

Retail Procurement Analytics Purchasing Skills Research 130

Supply Chain Game Changer

SEPTEMBER 2, 2021

But as the long, difficult, strange year that was 2020 wore on, companies pivoted their hiring models as well – embracing remote interviews and hires, learning to onboard new people they hadn’t yet met in person. Inventory Management. But big picture, companies can’t afford to treat their hiring process like it’s still mid-2020.

Supply and Demand 71

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Supply Chain Matters

AUGUST 4, 2022

We indicated in our commentary that August usually represents the global supply chain ramp-up for supporting Q3 and Q 4 holiday spending on consumer goods, gifts and seasonal merchandise. Chinese manufacturing output had reportedly dropped by upwards of 30 percent as consumers shifted spending to services. and Europe.

Supply Chain Planning Software 52

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Zipline Logistics

MAY 25, 2021

According to data from the Consumer Brands Association (CBA), CPG sales in 2020 grew by 9.4% Everything from food and beverage products to home improvement items saw a significant consumption bump as buyers, sidelined by pandemic restrictions, diverted their purchasing habits from experiences to consumer goods.

Procurement Analytics 69

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Supply Chain Matters

MAY 9, 2023

The World Health Organization (WHO) has officially declared the end of the Covid-19 pandemic after identifying and designating that state of a global-wide pandemic in May 2020, three long years and 1,220 days ago. Inventory levels in retail channels remain at high levels because of bullwhip excess ordering.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Pharmaceutical Supply Chain Planning 52

Vanguard Software

AUGUST 17, 2021

Consumers spent $861.12 merchants in 2020, up an incredible 44.0% But for this high-SKU-count industry, where demand is unpredictable, the conditions of many consumer goods supply chains are far from perfect. Rx Your Inventory. Traditional inventory approaches create stockouts and waste.

Agile and Lean Supply Chain 52

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Supply Chain Matters

MAY 3, 2022

in March, and the lowest level recorded since August 2020. That level of activity is equated to that of February 2020, at the start of the global wide Covid-19 spread that originated from China. Output for consumer goods reportedly had the second-strongest expansion while output for investment and intermediate goods performed weaker.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

Supply Chain Matters

JULY 20, 2022

front that retailers and certain businesses may have procured too much inventory , and now that these inventories have arrived, the challenge will be not to exposed to a decline in consumer buying activity in the months to come. There is further growing evidence on the U.S. percent of GDP to 6.2 percent in June.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Supply Chain Strategy Supply Chain 98

Intelligent Audit

SEPTEMBER 28, 2022

Despite falling short of last year’s holiday shipping traffic expectations, CEO Carol Tomé predicts a strong peak season in 2023, saying in a late July Earnings Conference Call , “ Inventory levels are good. Cost of Flour, Consumer Goods, Remains High. Retailers are brought in to sell. Where last year, they didn’t.

Price Reduction 52

Price Reduction Supply Chain Planning Software Industrial Industry 52

Zipline Logistics

OCTOBER 5, 2021

According to a Logistics Management survey of industry professionals, “there is a strong sentiment that the 2021 Peak Season will be more active than it was a year ago, with 79% of respondents indicating that will be the case, with 16% contending it will be similar to 2020, and 5% expecting it to be less active.”.

Freight 52

Freight Long Beach Capacity Supply and Demand 52

Supply Chain Matters

JULY 6, 2022

Further reported was that about two-thirds of the company’s inventory was still in-transit at the end of the most recent quarter. Strategies included scaling back consumer promotional sales programs along with shedding branded goods in favor of private labeled merchandise.

Supply Chain Disruption 52

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