ToolsGroup

DECEMBER 16, 2021

What is Lean Retail? The impact of lean retail on supply chain management. Examples include: Using sophisticated forecasting and replenishment algorithms to buy and allocate just the right quantity of merchandise, and avoid keeping extra stock on the shelves. Inventory is retailers’ greatest asset AND liability.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

SYSPRO Smarter ERP

APRIL 26, 2023

For manufacturers that have grown up from a small business, with a handful of employees and few customers, to one with many staff and customers, there comes a time when the business software needs of the company have to be re-evaluated. Here are ten reasons how an ERP system can help manufacturers.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Optimization Software 98

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. Rules of thumb and techniques that were used only ten years ago cannot match the number-crunching applications that leading-edge companies are employing. Inventory optimization.

Forecasting 105

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 105

Supply Chain Shaman

JUNE 21, 2023

Managing the Contrarian Deep Inside Of Me It is hard to manage the contrarian deep inside of me. As you read this blog, I hope that you will see me as a positive contrarian versus an old curmudgeon. The entire industry sector analysis (Table 1 is a small part of the total analysis) clearly shows that Intel is a laggard.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

QAD

APRIL 10, 2024

Thus, it can impact the efficiency of operations and increase inventory carrying costs. A reliable system should provide accurate forecasts and recommendations to optimize inventory management and prevent unnecessary costs. But, what exactly is forecast accuracy? What do forecast stats help demand planners do?

Optimal Sourcing 52

Optimal Sourcing Forecasting Supply and Demand Forecasting Software 52

Supply Chain Shaman

FEBRUARY 28, 2021

After a dramatic drop at the beginning of the pandemic, Supply Chain Management (SCM) and Enterprise Resource Planning (ERP) software public valuations are near twice the ten-year average. As I look at the financials, I question what the value could be if we got serious about innovation through new forms of analytics.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 217

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. Rules of thumb and techniques that were used only ten years ago cannot match the number-crunching applications that leading-edge companies are employing. Inventory optimization.

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 98

Enterra Insights

MARCH 9, 2022

Humans have always been curious about what the future holds. One of the early tools used by soothsayers was the crystal ball. According to Wikipedia, “In the 1st century CE, Pliny the Elder describes use of crystal balls by soothsayers (‘crystallum orbis’, later written in Medieval Latin by scribes as orbuculum).”[1]

Predictive Analytics 130

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

Supply Chain Shaman

JANUARY 2, 2019

It has been a while since I penned a blog post on New Year’s predictions, but today as I sit and drink my hot chocolate, I feel the itch to write. Bear markets drive heightened interest in supply chain management. The impact may surprise us. They bring fresh thinking and what I believe is a healthy questioning of the status quo.

Prescriptive Analytics Software 239

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

Enterra Insights

NOVEMBER 2, 2021

Nearly a decade ago, I wrote a post entitled “ Thirty Years of Supply Chain Management ,” which examined the first in a series of articles written by Kinaxis analysts looking back over the previous thirty years of supply chain management. Nearly ten years on, what, if anything, has changed?

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 130

SYSPRO Smarter ERP

MAY 29, 2023

Marshalling in warehouse management refers to the process of arranging and preparing items for outbound shipment according to their destination and delivery schedule, as well as verifying their accuracy and completeness. What is marshalling in warehouse management? This can help with inventory accuracy.

Warehousing 98

Warehousing Material Savings Expense Reduction Cost Reduction Strategies 98

DELMIA Quintiq

SEPTEMBER 14, 2018

This oversimplification is often felt to be necessary in order to be able to manage things better. Inventory is not in its optimal state, but everyone is simply too busy to be moving goods around. One often cannot see what the other is doing. What is your game plan? Someone leads and everyone else follows.

Supply Chain Optimization 159

Supply Chain Optimization Optimization Software Price Mitigation Strategies Logistics Network Optimization Software 159

TrackVia

MARCH 25, 2024

Do you ever feel like you’re constantly playing catch-up in the business world? You might be thinking, “Mobile what now?” Mobile workflow solutions are like having a superhero sidekick for your business, helping you tackle tasks faster and more efficiently than ever before. Try it for free, no strings attached.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Design Software Cost Reduction Strategies Waste Reduction 105

ModusLink Corporation

FEBRUARY 9, 2022

Inventory Management has always played a key part in any successful Supply Chain. Correctly managing inventory levels helps companies to swiftly adapt to unpredictable changes within the marketplace. Without adapting to the current demand, your winter jackets will become excess inventory overtime.

Inventory Management Software 78

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 78

QAD

JULY 1, 2021

What are Total Manufacturing Costs? Total manufacturing costs showcase how much your company spent to produce its inventory in a given period of time. Total manufacturing costs showcase how much your company spent to produce its inventory in a given period of time. What are Direct Materials? What is Direct Labor?

Manufacturing Procurement 89

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 89

ToolsGroup

FEBRUARY 7, 2021

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. What do you predict will be different for retailers in 2021? Transcript.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

ThroughPut

MARCH 27, 2024

Every aspect of operations, be it managing the inventory, forecasting demand or fulfilling orders was dependent on human wisdom and intuition. Inflexible and rigid systems made it challenging for retailers to adapt to changing market demands with agility. Every decision was based on data generated and analyzed by humans.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

Supply Chain Shaman

JUNE 3, 2019

What is a lemming? Simply put, a lemming is a small rodent. Over the last decade, the sharing of videos of lemmings jumping into the sea emerged as a metaphor for business leaders blindly following a disastrous path. What Makes a Difference? Businesses are complex. Lemmings are misunderstood.

S&OP 169

S&OP Supply Chain Planning Software Supply Chain Design Software Modeling 169

Kinaxis

SEPTEMBER 24, 2014

Companies that have been in business for decades. Companies that are forced to use Excel to manage large swaths of their advanced supply chain planning. Companies that are starting to realize that while Excel is a powerful tool and can be used for lots of things, it isn’t the tool to use to run your supply chain.

Modeling 246

Modeling Supply Chain Planning Software Modeling Software Supply Chain Software 246

Supply Chain Shaman

FEBRUARY 11, 2019

As I write this blog, Valentine cards scatter my desk. The numbers are small, but the dissatisfaction is high. Some Thoughts: Supply chain management is heady stuff. A complex non-linear system is not easily wrangled by the uninformed. Business cycles. I am in the middle of sending the cards to my grandchildren.

Supply Chain Planning Software 183

Supply Chain Planning Software Modeling Software Demand Planning Software Supply and Demand 183

Supply Chain Game Changer

DECEMBER 9, 2020

What is Product (or Master) Data Management? The following Product Information Management (PIM) article was written by guest author Alex Borzo, a content contributor at Amber Engine , a software company passionate about eCommerce. Inventory management starts with the fundamental in and out of your supply chain.

Inventory Management Software 98

Inventory Management Software Inventory Management Optimal Sourcing Inventory Reduction 98

My Office Apps

MAY 9, 2022

Making the decision to invest in a new ERP system is no small task. By choosing a new ERP platform, a manufacturing company is investing in a product with a long lifecycle that will impact their business for many years to come. Multi-Location Management. Complete Inventory Management. Kechie ERP. Production.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Inventory Management Software Supply Chain Software 52

Logility

OCTOBER 20, 2020

What are some of the steps you think companies need to take for this to be a reality? Disruptions large and small are nothing new. It leads to what Gartner calls “nervous planning” and what others have referred to as “highly-caffeinated planning.”. What are your impressions so far?

Supply Chain Planning Software 130

Supply Chain Planning Software Optimization Software Supply Chain Software Gartner 130

Supply Chain Shaman

JULY 22, 2013

I love hearing from blog readers. If it is possible, I would like to use some of the info for a presentation I will deliver in a couple of weeks to the General Management. The “Why” and the “What” seems to be very clear, and I can easily find some directions and value that we need to be aware of.

Supply and Demand 232

Supply and Demand Supply Chain Design Software Modeling Supply Chain Planning Software 232

ToolsGroup

SEPTEMBER 22, 2021

This quote from Ajilon staffing agency says it well: “Successful and well-balanced companies know that women business leaders—and their exceptional leadership skills—provide major benefits. According to a 2020 Harvard Business Review study , women were rated as more effective leaders in a crisis.

Supply Chain Planning Software 177

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

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like?

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

ThroughPut

MARCH 15, 2024

With a lot of these issues expected to persist or worsen going ahead, Chief Supply Chain Officers (CSCOs) are urgently looking to reinvent business strategies and prioritize agility, resilience, and sustainability in supply chain management. For example, what is the overall workflow?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ShipBob

DECEMBER 20, 2021

Regardless of what it was (new tube of toothpaste, dog treats for your pup, or a new filter for your water purification system), logistics is the system behind getting it into your hands. Inventory management. As a business owner, there are seemingly endless options for companies to utilize. Demand planning.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Forecasting Software Supply Chain Planning Software Supply Chain Design Software 97

Supply Chain Shaman

MARCH 3, 2018

My goal in this blog post is to answer a series of questions I got from the audience when I spoke at a couple of conferences this week. The primary question was, “With so many things changing, what remains the same?” Similarly, we used to use the term e-commerce, now it is commerce. So what to do?

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

Enterra Insights

JULY 28, 2020

Digitalization not only increases the amount of data being generated it increases the speed at which business is done. ”[1] In fact, speed and agility apply to all aspects of business operations, not just interactions with consumers. Successful companies are using their supply chains as a competitive advantage.”

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Inventory Reduction 100

Arkieva

JANUARY 6, 2017

Over the past year, the Arkieva Supply Chain Link Blog provided thought leadership and informative posts on supply chain strategy tips, trends, and news. Here is a list of the Top 20 Supply Chain Strategy Blog Posts from 2016. So, as I sit down to write this blog, I wonder what are some of the things that make supply chains excellent?

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

SYSPRO Smarter ERP

JUNE 7, 2023

In many first world operations, the use of sensors and IoT devices has had a significant impact on improving visibility and streamlining operations across the supply chain. Many African countries are less digitalized than their middle- and high-income counterparts globally, with a technology gap in both access and use.

Analytics Software 52

Analytics Software Predictive Analytics Software Supply Chain Planning Software Inventory Management Software 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

ThroughPut

DECEMBER 6, 2023

Supply chains used to live in the past. Questions like “what happened?” Thanks to the more advanced forms of supply chain analytics like predictive analytics, supply chains are proactively looking into the future and prepping for “what is to come” rather than only ruminating over “what already happened.”

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

QAD

MAY 24, 2023

Integrated supply chain management and operations helps anticipate needs and demands from customers, suppliers, and other trading partners. Keep reading for 8 supply chain management best practices applicable to any process. Digital technology is essential to connecting the universe of supply chain management partners.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimal Sourcing 52

My Office Apps

JULY 22, 2021

Consumable Inventory & the Medical Field. Despite the medical industry operating as a regular for-profit business, they rarely work as such. Medical professionals are bound by their oaths to help their patients no matter what. This focus on patient care pulls them away from managing their business like a businessperson.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Supply Chain Planning Software 52

SCMDOJO

APRIL 15, 2022

As a business leader or senior manager in a firm that does not typically use supply chain consulting solutions, you may wonder what additional value or experience can be offered. However, before we get to these reasons, let’s look at what the purpose is of a Supply Chain Consulting Firm.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Strategy Supply Chain Software Supply Chain Optimization 133