Supply Chain Shaman

APRIL 19, 2021

The Process of Software Selection. I am constantly amazed that business leaders can engage with technologists month after month (often over eight and sometimes over a year) to select a supply chain planning system and then call me to ask for help on the decision. Buying planning software is a lot like buying a car.

Supply Chain Planning Software 195

Supply Chain Planning Software Purchasing Training Eliminating Excel in Purchasing Demand Planning Software 195

Supply Chain Shaman

JUNE 29, 2021

Each year, we compile a list of top-performing Supply Chains, termed the Supply Chains to Admire. This week, while all my friends are on vacation, I am writing the final report for the Supply Chains to Admire. We share the report to help companies benchmark and reflect. Most are just that words.

Supply Chain Planning Software 370

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 370

SCMDOJO

MARCH 19, 2024

This is where the Life Cycle Inventory (LCI) comes into play. In this article, we dive deep into the world of Life Cycle Inventory, exploring its significance, methodology, and applications. What is the Life Cycle Inventory (LCI)? It includes determining the purpose of the study, the system boundaries (i.e.,

Inventory Reduction 85

Inventory Reduction Analysis Material Savings Optimal Sourcing 85

Logistics Viewpoints

JANUARY 10, 2024

Often times at Logistics Viewpoints, we like to look to the future and highlight the key trends that we see in a given market, or make predictions about what technologies will emerge as game changers in the new year. 5 Supply Chain Predictions for 2023 ; Dr. Madhav Durbha ( Coupa Software ) So much has changed in a year!

Logistics Network Optimization Software 246

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Predictive Analytics Software 246

Logistics Viewpoints

FEBRUARY 14, 2024

However, it’s only early February 2024, and we already have several major disruptions impacting supply chains. This is an important time for the supply chain profession. Supply chains are in the news, on governments’ agendas, and in the spotlight. For more information on the research, click here.

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Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 246

Supply Chain Shaman

JUNE 21, 2023

Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of Supply Chain Leadership? Designed to lift the profession and celebrate supply chain results, I struggle to find that the methodology supports either objective.

Gartner 365

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 365

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Optimal Sourcing 75

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 75

Logistics Viewpoints

MAY 11, 2021

It’s graduation season, so the hunt for critical supply chain talent is more vigorous than ever. We may be known for ensuring we can make and move “stuff,” but ultimately supply chains are human. So as you prepare to onboard new supply chain talent, are you ready to answer the questions they will have?

Supply Chain Planning Software 261

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Analytics Software 261

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. To help out fellow supply chain experts and professionals, we’ve crafted this guide to deepen your comprehension of JIT, illuminating its fundamental principles, myriad benefits, strategic implementation, and the challenges that may arise.

Inventory Reduction 52

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

Logistics Viewpoints

APRIL 24, 2024

The theme this year was “Chart Your Course” which Richard Stewart, EVP Americas at Körber Supply Chain pointed out, is all about overcoming supply chain complexities and challenges. First, supply chains do not operate in isolation. Data is at the center of all decisions across the supply chain.

Course 227

Course Supply Chain Planning Software Predictive Analytics Software Optimization Software 227

Supply Chain Shaman

SEPTEMBER 10, 2023

How do we use technology to make better decisions? These questions are top of mind as I wrap up a class of 154 individuals learning the principles of outside-in supply chain planning processes. I was working on a report on the Multi-Enterprise Inventory Management (often termed MEIO) and I challenged Pete. Gain insights?

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Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 256

Logility

NOVEMBER 3, 2020

When asking the question, “How does machine learning improve supply chain performance?” Our context here is supply chain planning and execution, but there is no reason to limit the scope of m achine l earning. . The Influence of New and Emerging Technologies. The User Experience.

Supply Chain Performance 133

Supply Chain Performance Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 133

Supply Chain Shaman

SEPTEMBER 1, 2019

For the past six years, I have spent my labor day weekend preparing for the Supply Chain Insights Global Summit. The event is designed to Imagine Supply Chain 2030. For the event, I also invite the Supply Chains to Admire award winners to present their story and give the winners awards. The reason?

Supply Chain Software 234

Supply Chain Software Supply Chain Design Software Analytics Software Buyer Training 234

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Silvon Software

JUNE 1, 2023

But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures? Supply Chain-Focused KPIs Beyond stakeholder-focused KPIs, many companies focus on “flow of materials” to help evaluate the efficiency, effectiveness, and performance of the end-to-end supply chain operations.

S&OP 103

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 103

Logility

JANUARY 14, 2021

Benchmark Based on Global Survey Highlights Logility’s Leadership in Ease of Use and Driving Rapid Benefits. automating the digital transformation of supply chain optimization and advanced retail planning, is honored to be a winner of IDC’s 2020 SaaS CSAT Award for Supply Chain Management for Customer Satisfaction.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimization Software Analytics Software Demand Planning Software 130

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. By aligning supply chain and procurement, spend can be considered more holistically.

Optimal Sourcing 188

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 188

Supply Chain Shaman

AUGUST 7, 2019

While most consultants and technologists want to sell technology, and are eager to slap in a new piece of software, my caution is to slow down and better understand root issues before having a technology discussion. Time For A Supply Chain Check-Up? inventory turns. Analyze Past Results in Customer Service.

Supply Chain Design Software 252

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 252

Enterra Insights

JUNE 22, 2023

Supply chain professionals have always depended on forecasting to help them balance supply and demand. 1] The staff at Rapidminer notes, “In recent decades, predictive modeling has become an essential tool for many organizations, allowing them to make data-driven decisions and enhance their business operations.”[2]

Supply Chain Performance 130

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

ToolsGroup

MAY 4, 2020

BOSTON (May 5, 2020) ToolsGroup, a global leader in supply chain planning software, today announced a new online COVID-19 Supply Chain Action Center and resources to help companies quickly respond to Coronavirus risks and speed supply chain recovery. Companies Share COVID-19 Response.

Supply Chain Planning Software 120

Supply Chain Planning Software Modeling Supply Chain Disruption Supply Chain Software 120

SYSPRO Smarter ERP

AUGUST 23, 2023

technologies, manufacturers are building what we are calling ‘Manufacturing Agility’ into their organizations. The key areas of focus include; Investing in new automated and connected manufacturing equipment. Integrated quality control – we are seeing a growth of connected and automated quality control systems.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Planning Software Modeling Software Demand Planning Software 98

Supply Chain Shaman

SEPTEMBER 3, 2015

Next week is the annual Supply Chain Insights Global Summit , and summit preparation is on my agenda for the weekend. This morning, unexpectedly, I found myself in the middle of a debate between my two panelists on the Planning Benchmarking Panel for the Summit. His feeling was that inventory is an asset to manage.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Logistics Viewpoints

MARCH 27, 2023

Here are ten things to keep in mind in terms of the role that forecasting can have on supply chains: While not a cure all, forecasting does matter. As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Logility

AUGUST 25, 2020

A quick scan of the Internet will yield a long list of “the biggest-ever supply chain disasters”. Poorly implemented demand planning software mis-forecasts demand for branded sneakers. in inventory write-down and 20% drop in stock value. Their supply chains must be flexible and responsive to customer and market needs.

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Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What type of business is this software suited to?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

Unleashed

MARCH 6, 2024

Supply chain agility is the ability of a supply chain to respond quickly and effectively to changes in customer demand and external pressures. This guide breaks down supply chain agility – its benefits and the best-practice strategies for achieving it. Why is supply chain agility important?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Supply Chain Shaman

JULY 21, 2015

In my research, I answer questions like: Which technology systems drive the greatest satisfaction? How satisfied are users with supply chain planning technologies? While each technology provider wants the endorsement of their approach, I remain independent. How Happy are Planners with Their Software?

Supply Chain Planning Software 150

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

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover is expressed as a financial ratio.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

ThroughPut

FEBRUARY 2, 2024

For supply chains, COVID-19 marked the beginning of a challenging era. Even as the immediate pandemic effects stabilized, new challenges like supply shortages, port congestions, and natural calamities emerged. is advanced supply chain analytics. is advanced supply chain analytics.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Kinaxis

NOVEMBER 11, 2019

Some transformations follow a convention, but in supply chain that’s rarely the case. Leaders from Bose, Boston Scientific and ON Semiconductor shared key lessons from their supply chain transformations, including what led them to consider change. Purchasers don’t have visibility into existing inventory.

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Supply Chain Transformation Supply Chain Planning Software Gartner Supply Chain Software 164

ThroughPut

JANUARY 28, 2019

Through the targeted use of Artificial Intelligence (AI), Machine Learning and other technologies, leading global innovators are constantly trying to enhance the effectiveness of their inventory management. What one can’t ignore, however, is all the external factors that also directly, and indirectly, affect inventory processes.

Optimal Sourcing 94

Optimal Sourcing Optimization Software Supply Chain Software Supply Chain Planning Software 94

GlobalTranz

JUNE 25, 2015

Of course, we live in a high technology powered supply chain world, but often, as we noted in our 5 Upfront LTL Tips post, if you don’t remember the basics and best practices, no technology is going to fix those issues, but only make them more apparent. Is your supply chain running as effectively as it should be?

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Modeling Software 120

Arkieva

APRIL 19, 2016

This blog is a follow-up on 2 earlier blogs ‘ Balancing Cash Cost and Service: The Supply Chain Triangle ’ and ‘ The Best Practice Frontier in the Supply Chain Triangle.’ Using so called orbit charts, we have benchmarked companies on EBIT% versus Inventory Turns. Benchmarking EBITDA% versus Inventory Turns.

Benchmarking 60

Benchmarking Inventory Reduction Inventory Expense Reduction 60

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. However, when Gartner bought AMR Research, and I left in the transition(because I don’t believe in the Gartner methodology), I launched a new methodology named the Supply Chains to Admire. The reason?

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Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. This number can then be used as a benchmark for continual improvement, supporting sustainable business growth.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” The supply chain is a complex system with increasing complexity.

Inventory Reduction 150

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

Supply Chain Movement

APRIL 22, 2016

The need to benchmark supply chain performance runs deep in many companies. For many companies, the search for benchmarking data becomes the end in and of itself, rather than the means to an end. Often, companies go through the trouble of completing a benchmark, only to then let the results collect dust on a bookshelf.

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Benchmarking Supply Chain Planning Software Gartner Pharmaceutical 60