Supply Chain Movement

AUGUST 25, 2022

These are uncertain times, with inflation and the war in Ukraine holding back economic growth. For many CFOs, the question is no longer whether there will be a recession, but when it will hit and how long it will last… and how it will affect inventory. Can’t we just order a little less?’, Powerful yet powerless. they think.

Inventory Reduction 88

Inventory Reduction Inventory Material Savings Demand Planning Software 88

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. In this guide: What is raw material inventory management? Let’s dive in.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Supply Chain Shaman

JUNE 29, 2022

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. Asset relocation takes time. I share the questions in bold and my answers follow.

Supply Chain Design Software 251

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 251

Logility

AUGUST 24, 2023

Your Comprehensive Guide to Production Planning Software The benefits of production planning software vs scheduling are about the granularity of the plan: capacity plans (or master production schedules) are not granular and factor in less granular things, like high level capacity, forecasts, inventory, and transfer times.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 147

Logistics Viewpoints

DECEMBER 12, 2022

Supply chain planning is not just for the big boys. At Dow, Mr. Baker had Purchasing experience in raw materials, and logistics for their plastics supply chain. S&OP is the key process in effectively balancing supply – what can be made – with demand – what customers want to buy.

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. Asset relocation takes time. But, even then, the relocation of capacity is not a snap of the fingers.

Supply Chain Design Software 130

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

Supply Chain Shaman

JANUARY 2, 2023

The Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving. (The The team was not calibrated on the role of forecasting and the basics around process excellence. Definition. Merriam-Webster.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. eCommerce Purchases and “The New Normal” Retail Categories. Ah, the joy of shopping.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Logility

JANUARY 26, 2024

Having invested time in building robust planning frameworks, early adopters will reap rich rewards as a clear divide surfaces in analytics and showcases the impact of end-to-end planning implementation. Enter our list of supply chain trends for 2024. Yet, despite the buzz, common usage of AI and digital twins remains limited.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

New Horizon Supply Chain Blog

FEBRUARY 28, 2023

At the request of some customers, I wanted to share best practices for ramping-up inventory for a new distribution center (DC) and transitioning distribution lanes from the old DC(s) to a new one. This must be done right to maintain service levels while avoiding excess inventory costs. Below is a checklist of things to keep in mind.

Distribution 52

Distribution Inventory DC Purchasing Training 52

New Horizon Supply Chain Blog

FEBRUARY 28, 2023

At the request of some customers, I wanted to share best practices for ramping-up inventory for a new distribution center (DC) and transitioning distribution lanes from the old DC(s) to a new one. This must be done right to maintain service levels while avoiding excess inventory costs. Below is a checklist of things to keep in mind.

Distribution 52

Distribution Inventory DC Purchasing Training 52

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends.

Inventory Management Software 101

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 101

ThroughPut

APRIL 13, 2021

Why do businesses need Capacity Planning in food supply chain management? Overworking your limited resources or late deliveries can never be long-term solutions and that’s why every business needs capacity planning. Now you might think, capacity planning isn’t too complicated. Capacity planning is so much more than that.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Capacity Food 52

ThroughPut

APRIL 13, 2021

Why do businesses need Capacity Planning in food supply chain management? Overworking your limited resources or late deliveries can never be long-term solutions and that’s why every business needs capacity planning. Now you might think, capacity planning isn’t too complicated. Capacity planning is so much more than that.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Capacity Food 52

Supply Chain Shaman

JUNE 23, 2020

This type of response is just not helpful. I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC).

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. The changeover times for the CM Bartlelts was 5X more prolonged than the more agile IM machines. Sharing My Experience. The year was 1982.

Agile and Lean Supply Chain 287

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 287

SYSPRO Smarter ERP

APRIL 4, 2024

Coupled with the art of trying to balance unpredictable material demand with volatile prices and its effects on the business, with the need to keep raw material to a minimum to free up capital juxtaposed to the need to import raw material with long lead times. Uncertain lead times for acquiring specific materials for customised products.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Shaman

DECEMBER 30, 2021

When the ball drops on Times Square to welcome in 2022, the employees at the Port of Long Beach will celebrate moving 9 M TEUs in imports: a 26% increase in year-over-year volume. As ports become more congested, lead time variability increases. As I rolled holiday cookies in my hands, I watched TV. As I watched, I shook my head.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

In the cloud, companies can deploy resources on an as-needed basis, rather than invest in additional servers and storage capacity that they may only need for a short time. Centralized information eliminates data silos and strengthens information sharing through real-time communication (instead of point-to-point data transmission).

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Supply Chain Shaman

SEPTEMBER 13, 2021

Leadtimes, conversion rates, and cycle times are fixed parameters. If I do an excellent job at safety stock management, my company will have the right levels of inventory. When The Wheels Fall Off Idiom: An unexpected problem arose, causing something to fail or go terribly wrong. In 2017, when I moved, I bought an old car.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Purchasing Skills 195

Logistics Viewpoints

MARCH 27, 2023

Demand forecasting is the process of making future estimations of how much of a given product will sell by location and time period. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. When will the recession hit?

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Logistics Viewpoints

OCTOBER 31, 2022

ZF transforms those purchased products into over 2,000 products. According to Mr. Sobeck, the SupplyOn solution means that when you need to “register a supplier or to update their information, you only need to do that once instead of several times.” Will the needed parts arrive at their plant on time? at the ZF Group.

Agile and Lean Supply Chain 197

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

Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. The majority of make the stock items are tied to just-in-time or other supply chain value-added service program with their customers. HWI Has a Complex Supply Chain.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

ShipBob

OCTOBER 24, 2022

You never really know how it will all turn out, yet you need to be able to answer questions like these: How many units of inventory do you need to have on hand to be at full stock for each SKU? How often do you project to replenish inventory ? How will those projections change over time? That’s fine! Conclusion.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. Time to Sense Market Shifts in the 2007 Recession. While good news travels quickly in an organization, bad news travels slowly. Supply chains operate blindly on order data. The problem? Wrong focus I thought.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

Kinaxis

AUGUST 24, 2015

It never ceases to surprise me when I hear how many enterprises entrust a mission-critical task to the desktop spreadsheet software Excel®. So what’s wrong with Excel? For example, with Excel you can’t easily: Integrate information from many sources. The supply chain of today is just too complex to be modeled in a spreadsheet.”.

S&OP 100

S&OP Supply Chain Planning Software Supply Chain Design Software Forecasting Software 100

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. It is just not enough to do a software upgrade or slowly push continuous improvement projects. Nick is a master of influence skills and building cross-functional, horizontal processes. In this post we share our take on his journey.

Demand Planning Software 245

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 245

AIMMS

OCTOBER 22, 2019

We spoke with David Mackenzie , Transformation & Inventory Director at BT, to learn more about this shift and the role AIMMS has played in enabling it. The other part of my role is supporting the inventory management functions within BT Group, driving decision-making around what we buy, when we buy, and where from.

Supply Chain Design Software 240

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software AIMMS 240

Freightos

NOVEMBER 11, 2021

On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. It’s rare for ocean liners like Maersk to live in the same category as tech giants like Amazon or Alibaba.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Logility

MARCH 24, 2021

Revenue and demand Service levels Inventory levels Profits and margins Cash flow. But research suggests the most widespread and stinging criticism of IBP was that it was just mature Sales & Operations Planning (S&OP) by any other name. It’s time to move beyond the ‘emperor’s new clothes’ argument.

Supply Chain Planning Software 175

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Design Software 175

BlueYonder

NOVEMBER 10, 2023

Inventory Processing and Order Management Efficiency Has Become a “Make” or “Break” Issue One of the main challenges WD&M faces is transforming away from legacy approaches to inventory processing and order orchestration, as well as moving toward solutions primed to handle omni-channel. Margins are under unprecedented pressure.

Manufacturing Procurement 82

Manufacturing Procurement Optimal Sourcing Real-time Visibility Demand Planning Software 82

Logility

APRIL 9, 2020

Just look back over the last couple of years. Error-prone spreadsheets were never designed to handle the multi-dimensional relationships and constraints involved in today’s supply chains or to provide the advance numeric or visual real-time analytics required to develop an optimal response quickly.

Supply Chain Planning Software 190

Supply Chain Planning Software Supply Chain Design Software Supply Chain Disruption Agile and Lean Supply Chain 190

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Logility

OCTOBER 1, 2021

Just like every aspect of our modern society, the COVID-19 pandemic has tested how food and beverage (F&B) networks navigate continuous and dramatic changes. And now it’s time to take all those lessons learned to create a more resilient network that can balance the delicate equilibrium between supply and demand in real time.

Scenario Planning 130

Scenario Planning Modeling Supply Chain Planning Software Supply Chain Network Software 130

Logility

JANUARY 28, 2022

and abroad, and satisfy consumer expectations, a transparent supply chain supported by the necessary traceability technology is no longer just a nice-to-have. Granted, consumer sentiment is notoriously volatile, but research consistently shows consumers will use their purchasing power to advocate for sustainability. Compliance.

Supply Chain Planning Software 130

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