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. Ramp-Up Purchasing Plans for the New DC.

Distribution 52

Distribution Inventory DC Purchasing Training 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%. Inventory tracking is the most successful use case for RFID technology.

Manufacturing Procurement 90

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 90

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

Supply Chain Game Changer

NOVEMBER 23, 2018

The application of advanced forecasting and planning methodologies improve inventory management in a critical, high-volume repair business, dramatically reducing costs and fulfillment cycles while improving customer satisfaction. Difficulties forecasting demand in a high-volume repair environment caused inventory costs to skyrocket.

Optimal Sourcing 43

Optimal Sourcing Reverse Logistics Case Study Modeling 43

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. Focus on right-sizing inventories. These are our weakest links. What can be done?

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The total cost of ownership analyzes the total costs of the buying decision.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

RFgen

JUNE 8, 2023

Key Takeaways: Inventory management software with built-in automation has been found to increase accuracy and profits. There is no one-size-fits-all solution for inventory management software—it’s about the best product for your business objectives and industry. And with the average on-hand inventory quantities up 8.3%

Inventory Management Software 56

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 56

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. I find three: organizational design, executive understanding of supply chain, and the lack of a clear definition of an optimization function for supply chain excellence. Clarity of Supply Chain Excellence.

Supply Chain Design Software 336

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 336

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.” Inventory is the culmination of many business decisions.

Inventory Reduction 150

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

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. The Company implemented SAP Advanced Planner and Optimizer (APO) including the standard functionality of Demand Planning (DP), Supply Network Planning (SNP), and Production Planning and Detailed Scheduling (PPDS), yet many planners also used Excel.

Demand Planning Software 272

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 272

Supply Chain Shaman

SEPTEMBER 20, 2015

How do they buy from you? How do they buy from you?” Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. The discussion of customer-segmented supply chains happens often. Why does it matter to you? It is systemic.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

ShipBob

AUGUST 23, 2023

Inventory is an important asset. And since ecommerce businesses deal with different types of inventory on a daily basis, it’s important that you understand all of them well. In this article, we demystify the main types of inventory, as well as ecommerce-specific inventory.

Inventory Management Software 52

Inventory Management Software Modeling Software Optimization Software Predictive Analytics Software 52

Supply Chain Shaman

OCTOBER 2, 2020

At the Supply Chain Insights Global Conference in 2019, an attendee stopped me after the third case study of the Supply Chains to Admire award winner. In this blog, I share the case study of Sleep Number. As you read the case study, I hope you do as well. The Sleep Number Story of Supply Chain Excellence.

Customer Service 324

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 324

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. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements?

Supply Chain Design Software 130

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

Supply Chain Shaman

JUNE 21, 2023

Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. We find that the companies with the most marked improvement in a balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) are smaller and less well-known.

Gartner 391

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 391

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. At the same time, it makes excellent sense to have a good SEO software solution to keep track of how your marketing strategies perform.

Supply Chain Visibility 78

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 78

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. He argued the need for agility, but Frank kept harping on improving the number of cases per hour. Frank had little patience for Ed.

Agile and Lean Supply Chain 304

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 304

Supply Chain Shaman

NOVEMBER 28, 2016

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. Inventory Turns. Not many companies have cracked this code.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

Supply Chain Shaman

MAY 18, 2019

Eerily the case studies sound the same as the ones heard when I completed S&OP research in 2004. And, when it comes to their case studies, I do not find the step change. Dependency on Excel. Excel–while widely used for planning–is not equal to the challenge of modeling complex supply chains.

S&OP 186

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 186

Stord

MAY 21, 2024

Rising Tension: Turning the Page on Fulfillment Software Brave Books, like many brands, started out managing inventory with Google spreadsheets (many brands we talk to think that a whiteboard is sufficient). This meant inventory records were easily inaccurate, with one wrong keystroke causing everything to get out of sync.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Supply Chain Software Software Inventory Reduction 78

Vanguard Software

APRIL 30, 2021

Modern retailers need to adjust to anticipate what consumers will be buying, at what frequency, and through what channel. With advances for AI in inventory management, an increasing array of solutions are now available. Breaking up with Excel: Digital Sales Planning Success with Concord Foods. In 2020, consumers spent $861.12

Inventory Management Software 40

Inventory Management Software Inventory Reduction Inventory Management Inventory 40

Invata Intralogistics

APRIL 5, 2024

From reducing return rates by analyzing product data to predicting inventory needs with startling accuracy, AI systems offer many benefits that traditional problem-solving methods can’t replicate. Inventory saved in the ‘right’ or most accessible location ensures a quick and efficient fulfillment process.

Supply Chain Software 52

Supply Chain Software Predictive Analytics Software Optimization Software Inventory Management Software 52

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA. Our Rating: 5/5 4.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The focus is on channel data: price; inventory positions; and policies. I only know of five case studies of cross-functional listening.

Material Savings 195

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 195

Supply Chain Shaman

JUNE 7, 2018

Or agreement on the definition of supply chain excellence. As a result, functional excellence anchors action. The focus is on digitization—automating today’s processes—versus rethinking process excellence based on the art of the possible. In this case, the metrics are operating margin and inventory turns.

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 238

ThroughPut

APRIL 30, 2024

The platform is designed to enhance inventory management and provide accurate demand planning and forecasting, crucial for optimizing supply chain efficiency. The What and Why of AI Tools for Supply Chain There is a reason why everyone is talking about AI tools and why people are driven to make impulsive purchases of AI-powered tools.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Supply Chain Shaman

MAY 30, 2019

At the end of the day, customers buy based on value not on the cool factor of the technology. There is no logical connection between inventory strategy and logistics optimization or the multiplicity of rules—allocation, ATP, inventory matching, routing—and planning engines. Second Step: Understand the Role of Inventory.

Inventory Reduction 207

Inventory Reduction Waste Reduction Cost Reduction Strategies Sourcing Strategies 207

Supply Chain Opz

JULY 7, 2013

Case Studies. For example, we use pareto analysis to segment inventory into 3 groups. In 1983, Peter Kraljic explained how to formulate a commodity strategy based on 4 segments, its later known as Kraljic Matrix or Purchasing Portfolio Matrix. The idea is to try to excel at 2 strategies (lean/agile) at once.

Price Reduction 138

Price Reduction Cost Reduction Strategies Inventory Reduction Supply Chain Strategy 138

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. Time horizon. The takeaway?

Supply Chain Design Software 190

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 190

Unleashed

MAY 19, 2020

Case study 1: Epic Brewing Company. Case study 2: Zeffer Cider. How many stock-outs, an event that caused inventory to be exhausted? Don’t purchase any supply chain solution that is not Cloud or SaaS based. Don’t buy any solution from a supplier that has no brewing sector experience. Customer service.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

RFgen

MARCH 12, 2024

In inventory management, the FIFO (First-In, First-Out) method takes center stage, offering a performance of unmatched clarity and efficiency in the world of stock control. Imagine your inventory as a flowing river, where the oldest water—your earliest products—moves forward to be used first, ensuring nothing stagnates or loses its relevance.

Inventory Management Software 79

Inventory Management Software Inventory Reduction Inventory Management Material Savings 79

Supply Chain Shaman

JANUARY 14, 2013

It was a story where people believed that functional excellence leads to supply chain superiority. I strongly feel that a blind focus on functional excellence will cause the supply chain to become out of balance. A Case Study. One that is going to eat you up! It is a low probability that this will ever happen.

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 260

Unleashed

MARCH 7, 2021

Whether this is hiring new staff, purchasing new assets or upgrading existing technologies (i.e. moving to an automated supply chain or investing in inventory management software), there are fewer facilities needing upgrades. Ability to stock greater inventory amounts. High availability of products. Decisions made centrally.

Supply Chain Design Software 124

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 124

Supply Chain Shaman

JUNE 16, 2014

Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Along the way, I will be doing more work on network design case studies. And, in our Digital Manufacturing Study.

Supply Chain Design Software 290

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 290

RFgen

MAY 13, 2024

Positive Outcomes : Achievements include reduced operational costs, improved planner productivity, and enhanced service levels despite lower inventory. Which farms are mills buying crops from? Namely, for its ability to capture data for inventory in real time , which is then used in the field on mobile devices for real-time monitoring.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 76

Unleashed

DECEMBER 5, 2023

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. Inventory management Inventory management can feel like a constant battle for eCommerce retailers. Start a free 14-day trial today to see if it’s right for you.

Inventory Management Software 52

Inventory Management Software Predictive Analytics Software Supply Chain Design Software Demand Planning Software 52

Supply Chain Movement

JANUARY 11, 2016

The event is comprised of an agenda of original case studies, inspirational keynote sessions, interactive workshops and specialist working groups. Purchasing. Share experiences and hear success stories on leadership strategies, cultural excellence and talent development. Procurement. Operations. Supply Chain Quality.

Supply Chain Design Software 60

Supply Chain Design Software Sourcing Strategies Supply Chain Strategy Supply Chain Design 60