ToolsGroup

AUGUST 3, 2020

It’s notoriously difficult to optimize inventory for aftermarket parts. Probability forecasting offers a more accurate way of predicting customer behavior and staying prepared, especially for items with long-tail demand. Read on for our five inventory optimization secrets for aftermarket parts.

Inventory Reduction 156

Inventory Reduction Waste Reduction Optimization Software Supply Chain Optimization 156

Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The team was not calibrated on the role of forecasting and the basics around process excellence. What Is a Forecast Anyway? A forecast is not a forecast. Bear with me.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

Kinaxis

SEPTEMBER 15, 2017

by Alexa Cheater 6 speed bumps on the road to automotive supply chain success. A trending move from regional to global supply chain processes is adding complexity to the automotive supply chain at an unprecedented level, driving a growing need for automation and collaboration. Automotive supply chain pain points. Multiple ERPs.

Automotive 175

Automotive Supply Chain Planning Software Modeling Supply Chain Software 175

ToolsGroup

APRIL 25, 2023

ATD will share how collaborative forecasting improved supplier performance and revolutionized its supply chain for business-wide benefits, thanks to ToolsGroup’s AI-driven planning solutions BOSTON – April 25, 2023 – ToolsGroup announced today that we are exhibiting at the Gartner Supply Chain Symposium/Xpo 2023 in Orlando Florida, May 8-10.

ToolsGroup 156

ToolsGroup Gartner Florida Inventory Reduction 156

BlueYonder

OCTOBER 30, 2023

The automotive industry has shown itself to be brave in recent times, in all areas but one: the supply chain. Brave” in this context points to a never-ending stream of innovations in the automotive space. Brave” in this context points to a never-ending stream of innovations in the automotive space.

Automotive 90

Automotive Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Planning Software 90

BlueYonder

OCTOBER 6, 2023

” – Sir Winston Churchill Having just returned from the 2023 Automotive Logistics and Supply Chain Global conference in Detroit, these words are very fitting to encapsulate the essence of the event. OEMs and Tier 1 suppliers should consider long-term forecast collaboration and capacity cooperation with their Tier-n suppliers.

Waste Reduction 81

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 81

BlueYonder

MARCH 16, 2023

The following are the insights gained from my discussion with Salim Shaikh , who leads Blue Yonder’s Automotive Industry Strategy, and James Peck , VP of Supply Chain Execution Presales, during a recent Blue Yonder Live and from webinars and automotive events that we prepared for. We mentioned disruptions and the added complexities.

Automotive 73

Automotive Real-time Visibility Logistics Network Optimization Software Trends 73

BlueYonder

JANUARY 24, 2023

The following are the insights gained from my discussion with Salim Shaikh , who leads Blue Yonder’s Automotive Industry Strategy, during a recent Blue Yonder Live and webinars that we prepared for jointly. I have not seen that in the past 25 years being in the automotive industry. Do we need to carry excess inventory?

Automotive 69

Automotive Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 69

BlueYonder

OCTOBER 21, 2021

most visibly, semiconductor chips impacting the automotive industry, but other products as well. When products are scarce, it becomes even more critical to create an accurate demand forecast, so you can match supply and demand in a way that optimizes both profitability and service levels. The result? Leverage third-party data.

Forecasting 70

Forecasting Supply and Demand Forecasting Software Demand Planning Software 70

Supply Chain Shaman

SEPTEMBER 5, 2022

The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. We are raping the planet to make inventory to sell at a deep discount.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

DynaSys

FEBRUARY 17, 2021

Nearly all global, regional, and local automotive supply chains in 2020 were impacted by Covid-19. Whether it was through imposed tariffs, Brexit, or electric car success, the automotive industry felt its impacts acutely. Disruptions in the automotive industry. Automotive suppliers were in crisis management mode.

Manufacturing Procurement 98

Manufacturing Procurement Automotive Supply Chain Planning Software Manufacturing 98

Logility

JANUARY 31, 2023

Measuring the Value of Optimized Inventory in Service Parts The spare parts market is big business, with the global automotive spare parts market valued at US $160.69 It is a complicated, availability-driven industry, but the prize for getting inventory distribution right is significant. . billion by 2030.

Modeling 130

Modeling Supply Chain Optimization Supply Chain Planning Software Inventory Reduction 130

BlueYonder

JANUARY 31, 2023

The following are the insights gained from my discussion with Salim Shaikh , who leads Blue Yonder’s Automotive Industry Strategy, during a recent Blue Yonder Live and webinars that we prepared for jointly. This is the exact word that used by Kelly Bysouth, the chief supply chain officer at International Automotive Components (IAC).

Automotive 85

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 85

Logistics Viewpoints

OCTOBER 31, 2022

ZF is a Tier 1 supplier to the automotive industry. While most of their sales are to automotive OEMs, they also sell components that go into other products – trucks and busses, wind turbines, tractors, construction equipment, etc. Lean cuts inventory out of the supply chain. Sobeck explained, are even more important. “We

Agile and Lean Supply Chain 197

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 197

BlueYonder

JUNE 6, 2022

Challenged by an incredible level of volatility, every participant in the automotive supply chain industry needs to precisely understand, and respond to, market demand. A full two years after the COVID-19 pandemic began to upend the world’s supply chains, the global automotive industry is still struggling to rebound.

Supply and Demand 52

Supply and Demand Demand Planning Automotive Supply Chain Planning Software 52

EazyStock

JULY 7, 2020

COVID-19 has had a profound impact on global marketplaces, with customer demand and inventory supply more erratic and complex than ever before. In this blog series we look at how inventory optimization tools , such as EazyStock, can support inventory management teams. COVID-19 and Demand Forecasting Challenges.

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Modeling 52

ToolsGroup

MARCH 24, 2021

I want to share experiences I had with two very different types of companies–an automotive spare parts aftermarket distributor and a major beverages manufacturer–both of which had unexpected demand surges as a result of COVID-19 supply chain disruptions. A surprisingly buoyant automotive spare parts market.

Modeling 177

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

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

10% increase in both forecast accuracy and revenue. 15% decrease in inventory. With Blue Yonder capabilities, Mahindra & Mahindra Spares Business Unit (M&M SBU) now has greater visibility regarding demand, inventory, supply and distribution plans and are able to make more accurate and timely supply chain decisions.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Forecasting Software Modeling 179

Supply Chain Shaman

JUNE 24, 2022

The future inventory fire sale. One of my stark realizations this year is that smaller companies are beating larger and often more established companies on growth metrics, inventory turns, operating margin, and Return on Invested Capital (ROIC). (In As they bemoaned the fact that upstream trading partners share dismal forecasts.

Supply Chain Planning Software 366

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 366

DELMIA Quintiq

FEBRUARY 25, 2015

If you want to find out what’s new in automotive logistics, there’s one place to be – the Automobile Logistics Forum. How can technology provide transparency and collaboration, and support forecasting? Now it’s time to make sense of that collaborative data to make truly optimal decisions and accurate forecasts. So what’s next?

Automotive 120

Automotive Logistics Network Optimization Software Logistics Manufacturing Procurement 120

RFgen

AUGUST 18, 2021

The automotive industry manages complex inventories in addition to facing vast outside pressures. Many automotive companies have found long-term success with mobile barcoding software. Learn why three real-life companies in the automotive industry implemented mobile barcoding solutions and their significant results.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Management Software Automotive 52

The Network Effect

JANUARY 11, 2016

In earlier posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , the all important ASN , and international shipping. Overall, the future for the inbound automotive supply chain is subscription based software platform services in the cloud.

Automotive 100

Automotive Supply Chain Planning Software Supply Chain Network Software Modeling Software 100

ToolsGroup

NOVEMBER 30, 2020

With Service Optimizer 99+ (SO99+) ToolsGroup’s manufacturing customers commonly achieve a 10-30% reduction in inventory, improve product availability to 96% or better, and reduce overhead (such as overtime and expedited freight) by 50%. Reduced inventory value of safety stock on clustered items by 18%. Forecast errors halved.

ToolsGroup 156

ToolsGroup Inventory Reduction Price Reduction Manufacturing 156

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

QAD

MARCH 30, 2023

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. and bring inventory accuracy up to an impressive 99.9%. What is RFID Technology? RFID tags can reduce out of stocks by up to 80.3%

Manufacturing Procurement 92

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 92

Logility

MARCH 16, 2023

Higher interest rates and materials prices are increasing the costs of carrying inventory. And rapid shifts in market demand always leave someone holding excess inventory. Detect market shifts with demand sensing The goal of demand sensing has always been to do better than traditional forecasting at short-term planning.

Network Design Software 130

Network Design Software Network Design Supply Chain Design Network Optimization 130

BlueYonder

OCTOBER 1, 2022

I just returned from the Automotive Logistics and Supply Chain Conference in Detroit. The automotive industry is a complex ecosystem comprised of dealers, original equipment manufacturers (OEMs), multiple tiers of suppliers, and third-party logistics providers (3PLs). I look forward to seeing you at next year’s conference!

Automotive 52

Automotive Cost Reduction Strategies Inventory Reduction Material Savings 52

BlueYonder

SEPTEMBER 13, 2022

The automotive sector has switched lanes into a new digital world, where the pace of change is also hurtling manufacturers into oncoming traffic in the form of geopolitical, economic and natural crises. As we await the next inevitable “Black Swan” event, automotive players have realized the need to be proactive, not just reactive.

Inventory Reduction 57

Inventory Reduction Cost Reduction Strategies Material Savings Price Reduction 57

Logility

AUGUST 4, 2023

DENSO Corporation , a global automotive components manufacturer, is bucking that trend with tighter collaboration and a different outlook on supply chain disruption. Planners also have better visibility to make critical decisions faster, such as expanding a warehouse or moving stock elsewhere to free up the operation.

Supply Chain Planning Software 184

Supply Chain Planning Software Sustainability Gartner Agile and Lean Supply Chain 184

Supply Chain Shaman

SEPTEMBER 28, 2022

Based on the current issues with material shortages, labor issues, electrical costs and outages, weather events, and water availability, I forecast an equal level of disruption for the next three years. Ford, historically has been an industry laggard in the automotive sector and, with this focus, will continue to be a laggard in the future.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

o9 Solutions

MARCH 2, 2023

As one of the world’s leading global independent suppliers to the automotive industry, Marelli has a well-established track record in innovation and manufacturing excellence. The platform allows Marelli to anticipate future supply chain risks, improve inventory management and reduce reactive supply chain costs.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Supply Chain Software Scenario Planning 52

The Network Effect

OCTOBER 3, 2014

Today I want to talk about the challenges faced by today’s automotive suppliers, and why a network model for their supply chain can help. Supply chain organizations within the automotive supplier industry contribute to manufacturing excellence in many ways, including quality, cost, and delivery to their OEM and subsystem customer base.

Supply Chain Network Software 197

Supply Chain Network Software Automotive Modeling Software Supply and Demand 197

Kinaxis

APRIL 10, 2018

by Alexa Cheater The solution to supply chain issues in the automotive industry. New technologies, emerging and shifting markets, disconnected regional processes, increasing volumes and added customer demands—these are just a few of the speed bumps automotive supply chains are facing.

Automotive 73

Automotive Supply Chain Planning Software Supply Chain Planning Supply Chain Software 73

Logistics Viewpoints

SEPTEMBER 19, 2022

Chris Castle, the vice president of product management at Nulogy, said that collaboration in the consumer goods industry was more even handed than in industries like automotive. In automotive, the OEM says “jump” and the suppliers asks “how high?”.

Supply Chain Design Software 157

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Network Software 157

QAD

JULY 8, 2021

In our blog last month, we discussed how the automotive industry must learn this time from yet another semiconductor shortage by improving management of essential supply chain processes or we will find ourselves in another shortage crisis. Identifying Long Lead Times to Drive Accurate Forecasts.

Supply Chain Planning Software 89

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 89

Elementum

AUGUST 29, 2017

Catch up on the effects and forecasts of Tropical Storm Harvey below: EFFECTS. Authorities forecast the winds brought by the storm to reach 185 kph or higher. Delays in the automotive industry are also expected due to these disruptions. 10 refineries close as Harvey drenches Texas energy hub.

Forecasting 74

Forecasting Kansas City Forecasting Software Houston 74

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Demand Sensing for Accurate Planning and Forecasting. A McKinsey’s report published in 2022 indicates that 32 per cent of people from industries like automotive, consumer goods, and pharmaceutical find demand variability and forecasting responsible for value chain disruptions. billion by 2025.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130