Supply Chain Shaman

SEPTEMBER 13, 2023

Given your expertise, I’d love to hear what alternatives you recommend for better demand forecasting and real-time visibility beyond what’s commonly adopted today.” In a recent blog post, I was challenged by Anna. Solving from a supply side seems to work for many companies I work with. ” Anna, this blog post is for you.

Supply and Demand 375

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 375

Supply Chain Game Changer

NOVEMBER 23, 2018

The OEM turned over management of one of the most critical, high-volume segments of its reverse logistics program—the processor business—saving the manufacturer millions of dollars each year; reducing excess inventory; increasing same-day, on-time ship rates; and improving customer satisfaction. million in just the first year.

Optimal Sourcing 43

Optimal Sourcing Reverse Logistics Case Study Modeling 43

ToolsGroup

NOVEMBER 7, 2023

They had some real gems of advice, not just for growing companies, but for change management initiatives across enterprises and industries. Julia came to the team just before starting this process. We’re grateful to them for sharing their insights and excited to bring them to a wider audience! And we can assure those efforts paid off.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimization Software Demand Planning Software Supply Chain Software 156

DELMIA Quintiq

JUNE 5, 2023

While the promise is clear, and we see a growing number of case studies proving the benefits of the approach, many companies struggle to create and maintain digital twins. Are Digital Twins Achievable? I have to imagine that everyone that works in an industrial setting has heard about digital twins at this point.

Modeling Software 156

Modeling Software Predictive Analytics Software Supply Chain Design Software Modeling 156

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. No doubt about it, we are characters in a supply chain case study searching to define a new normal. Today, we find ourselves in the middle of a risk management case study. Time to Know. Time to Act. For me, it is a heightened respect for time. The reason?

Supply Chain Planning Software 431

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 431

GlobalTranz

FEBRUARY 6, 2018

Otherwise known as a distributed ledger, the automatic recording of data into the blockchain allows for cryptocurrencies such as Ethereum or Bitcoin to serve as way more than just a store of value. Supply chains are messy. Blockchain in Supply Chain Can Help. A manufacturer in China doesn’t read the specs on an order. Download white paper.

Supply Chain Design Software 411

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Strategy 411

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Provenance

JUNE 1, 2020

Aim to source 100% certified RSPO (Roundtable on Sustainable Palm Oil). Sourcing palm oil responsibly and sustainably is nuanced and can be complex. As you work towards 100% of your sourcing being certified, engage with the debate and industry best practices to inform a clear policy and strategy. Our key takeaways.

Sourcing Strategies 69

Sourcing Strategies Optimal Sourcing Sourcing Resource Reduction 69

FLEXE

OCTOBER 11, 2018

As a result, they’re saving 30% on FedEx costs, reducing delivery times by 51%, and reaching 88% of their marketing with two-day delivery. By the Numbers: 51% reduction in delivery times—from 3.5 Get the PDF of Lull’s case study >> Challenges to Order Fulfillment. Here’s how. 6X increase in SKUs.

Case Study 28

Case Study Inventory Reduction Cost Reduction Strategies Resource Reduction 28

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

The fact that supply chain appears chaotic, inefficient and slow to market is just the tip of the iceberg. For example, you want to cut costs with a faster courier, or invest in reducing the lead time of your manufacturing. Regardless of the industry, increasing complexity undeniably increases opacity.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Demand Planning Software 130

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 301

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 301

Logistics Viewpoints

OCTOBER 5, 2023

Planners are empowered with more free time to focus on more value-adding strategic and tactical decisions by evaluating Key Performance Indicators (KPIs) dashboards, and when their attention is required, the system will alert them automatically. This world isn’t a distant dream.

Supply Chain Planning Software 199

Supply Chain Planning Software Case Study Analytics Software Optimization Software 199

ToolsGroup

JULY 11, 2019

According to Inbound Logistics , there are three main sources of supply chain complexity: meeting the needs of customers, globalization, and internal pressures. Point to remember #1: Average forecasting just isn’t good enough for today’s complex supply chains. . Franke was facing all three. million SKU-Markets). million SKU-Markets).

Supply Chain Planning Software 223

Supply Chain Planning Software Optimal Sourcing Forecasting Software Optimization Software 223

Supply Chain Shaman

DECEMBER 4, 2018

In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. In 2018, Rockwell Automation won the Supply Chains to Admire Award. To understand the journey, we interviewed Ernest Nicolas, head of the global supply chain at Rockwell to gain insights. Note the general trend of improvement.

Supply Chain Software 30

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

Supply Chain Shaman

FEBRUARY 13, 2020

…the weekend is just around the corner. In Figure 1, I share data from the risk management study of 2015. Note that at this time, demand volatility risk was larger than economic uncertainty. The Role of Demand Variability in Risk Mitigation from the 2015 Study. Over time there is degradation.

Optimal Sourcing 231

Optimal Sourcing Modeling Forecasting Supply and Demand 231

Supply Chain Shaman

OCTOBER 12, 2017

If you don’t follow Stefan, you should. He is a great thinker on inventory planning and demand management.I like Stefan’s quote, “However, all the boasts of value it (DDMRP) brings are in comparison to the value of MRP. That is setting the bar so very, very low. “ DDMRP A Repackaging of Lean and JIT from Shaun Snapp .

Supply Chain Planning Software 291

Supply Chain Planning Software Forecasting Software Demand Planning Software Supply Chain Software 291

ThroughPut

APRIL 30, 2024

It has the power to analyze vast datasets, predict future trends with remarkable accuracy, and adapt to changes in real time, offering businesses a competitive edge. Each plays a vital role in ensuring that the right products are available at the right time and place, optimizing the supply chain’s efficiency and responsiveness.

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Modeling 52

ivalua

APRIL 12, 2019

Anyway, there were also a couple of very good customer cases studies, but we’ll save those for a future discussion and focus on AI here. Anyway, there were also a couple of very good customer cases studies, but we’ll save those for a future discussion and focus on AI here. Fresh mint, maybe? Or aluminium, perhaps?)

Analytics Software 176

Analytics Software Negotiating Skills Supply Chain Planning Software Predictive Analytics Software 176

EC Sourcing Group

NOVEMBER 23, 2021

A Request for Proposal (or RFP as it is more commonly known) is one of the most important pieces in sourcing and procurement and the overall supply chain. However, this can be a tedious process if you’re still sourcing using spreadsheets or haven’t made your procurement process digital quite yet. FlexRFP eSourcing: Project Types.

EC Sourcing 52

EC Sourcing Material Savings Manufacturing Procurement Price Reduction 52

Kinaxis

DECEMBER 10, 2019

Can we shift sourcing strategies and what impact will that have on my network? This can mean that key suppliers are based in regions where steep tariffs would be applied, or that the production process of a component could cross borders multiple times before becoming a finished part, being hit with a tariff at each crossing.

Automotive 144

Automotive Supply Chain Planning Software Material Savings Scenario Planning 144

Supply Chain Game Changer

MARCH 14, 2022

It’s hard to nail down just five of the best Supply Chain Management courses online because there are so many great options. We tried to select courses that are from reputable schools, are compatible with a variety of schedules, and start at times that work for people all over the world. Supply Chain Management Courses.

Course 115

Course Supply Chain Planning Software Agile and Lean Supply Chain Vendor Strategies 115

EMERGE App

JULY 11, 2018

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! And it’s not just an immense and low-cost labour force that has given Chinese manufacturers a competitive advantage. And the place to source for most, if not all, of your products is in China.

Purchasing Skills 64

Purchasing Skills Manufacturing Procurement Negotiate Pricing Negotiating Skills 64

SCMDOJO

MARCH 25, 2024

Additionally, engaging in case studies, internships, and simulation projects can provide hands-on experience, making the theoretical knowledge gained in class come alive. Master TMS Tools : Learn the ins and outs of transportation management systems to see how they optimize the shipping process, saving time and money.

Negotiating Skills 85

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 85

The Logistics & Supply Chain Management Society

MARCH 16, 2021

Better demand sensing, shifts in customer behaviours, predictive/prescriptive case studies, shift in inventory stocking strategy and customer service. Better demand sensing, shifts in customer behaviours, predictive/prescriptive case studies, shift in inventory stocking strategy and customer service.

Pharmaceutical 246

Pharmaceutical Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 246

Elementum

DECEMBER 14, 2023

Moreover, the adoption of AI automation in business processes is not just a trend but a strategic shift that is here to stay. This transformation is not just about technology, but also about adopting new strategies to optimize operations. Smart algorithms in business enhance process optimization and competitive advantage.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

ThroughPut

APRIL 15, 2024

It has the power to analyze vast datasets, predict future trends with remarkable accuracy, and adapt to changes in real time, offering businesses a competitive edge. Each plays a vital role in ensuring that the right products are available at the right time and place, optimizing the supply chain’s efficiency and responsiveness.

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Modeling 52

Supply Chain Shaman

SEPTEMBER 3, 2018

Second, they adapt over time as market structures and strategies evolve. During the webinar, a respondent asked me to not present just the facts but to give advice. Delivery at the shortest cycle time. Adaptive: The time to sense and respond to market changes. First, great supply chains are agile. Responsive.

Supply Chain Planning Software 312

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 312

ToolsGroup

MAY 30, 2018

He says: Digital twins are more than just CAD. Digital twins drive benefits such as improved business planning and improved sourcing, procurement and supplier management. The growing momentum around systems-based thinking in supply chain planning has given rise to a new concept called the “digital twin”.

Modeling 168

Modeling Modeling Software Supply Chain Planning Software Optimization Modeling 168

ToolsGroup

JULY 11, 2019

According to Inbound Logistics , there are three main sources of supply chain complexity: meeting the needs of customers, globalization, and internal pressures. Point to remember #1: Average forecasting just isn’t good enough for today’s complex supply chains. . Franke was facing all three. million SKU-Markets). million SKU-Markets).

Supply Chain Planning Software 120

Supply Chain Planning Software Optimal Sourcing Forecasting Software Optimization Software 120

crisp

APRIL 13, 2023

Vanilla sells primarily to big box retail, bringing in over 500+ containers per year to quickly source and stock items. When someone was off for a day, a week, or two weeks in the case of COVID, it was almost impossible to get caught up. EDI was not set up to address those factors at the time.

Case Study 52

Case Study Study Inventory Management Software Inventory Reduction 52

Procurement Academy

OCTOBER 19, 2023

This leads to professional growth and supply chain efficiency – just two benefits of role-based training , of which there are many more. For example, advanced strategic planning skills are relevant to procurement managers, while data analysis proficiency is associated with sourcing analyst roles.

Buyer Training 52

Buyer Training Purchasing Training Negotiating Skills Optimal Sourcing 52

Supply Chain Opz

OCTOBER 5, 2016

You may have to spend lots of time in libraries to gather information, try to understand strange terminology and try to figure out how to draw useful information. Data from Data.gov will help you do just that. Just type the below query into google scholar and you will find additional articles. Resources: Data.gov 2.

Resource Reduction 124

Resource Reduction Resources Supply Chain Planning Software Supply Chain Software 124

ThroughPut

JULY 7, 2023

Choosing the “just right” product mix that maximizes your revenue would be ideal but unfortunately, it is not as easy as it sounds, especially with the wildly fluctuating customer demand and concurrent market disruptions. This further impacts inventory buffers and free cash flow.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Optimization Expense Reduction 52

The Network Effect

APRIL 9, 2016

In fact, in some cases it is leapfrogging many first world countries in the race to do business, smarter, cheaper, better. ” Source: ReCode.net. Rwanda is a tiny country in Africa, the fourth smallest to be exact, but one making giant strides in embracing the latest technology. Rwanda is at a distinct disadvantage.

Rwanda 100

Rwanda Africa Supply Chain Network Software Supply Chain Planning Software 100

ivalua

MARCH 28, 2019

I first saw this term used a few years ago by Philip Ideson, as a title for his website and excellent series of podcasts, and it feels like this may be an idea whose time has come. As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore?

Procurement 167

Procurement Modeling Software Supply Chain Software Predictive Analytics Software 167

Resilinc

JUNE 11, 2023

To mitigate risk, both use strategies like qualifying additional and alternate sources for high revenue-at-risk components; improving supplier collaboration and planning; and designing products and supply networks for resiliency. During the pandemic, a global electronics manufacturer did just that.

Supply Chain Risk Management 99

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 99

QAD

AUGUST 17, 2023

That doesn’t mean I haven’t packed in plenty of time to soak up the sun or prepare for my next trail half marathon, but I’ve also been busy catching up on my reading and hope you have, too. Click here to listen to the full episode and read the PennEngineering case study to learn more. Click here to listen to the full episode.

Supply Chain Software 91

Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Strategy 91