Logistics Viewpoints

JUNE 26, 2023

Mars is one of the largest fast moving consumer goods companies in the world. For Mars, digitalization has focused on improved customer service, cost reductions, and making their supply chain associates more productive. This visibility is key to both the root cause analysis and the inventory rebalancing.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Supply Chain Shaman

MAY 1, 2023

The responsive volume can vary from 5-10% in consumer goods to 80-90% in agroscience. Certain supply chains like maintenance parts, designer/fashion items, new product launches, and food service items must be managed in an agile supply chain. Inventory as Waste. Manage inventory as a liability. Frustration.

Inventory Reduction 241

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 241

Supply Chain Shaman

SEPTEMBER 20, 2015

Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. This included monthly reviews between business units and central operations teams and adaptive inventory segmentation policies. In fact, the teams ignore the forecast.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

ToolsGroup

DECEMBER 4, 2018

Direct-to-Consumer (DTC) presents special supply chain planning challenges for both smaller microbrands (e.g., eyeglass brand Warby Parker or mattress seller Casper) and much larger consumer goods incumbents, but the planning challenges are different depending on which type of company you are. See the full story here ).

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 159

ToolsGroup

JANUARY 3, 2017

Prior to a recent ToolsGroup user conference, we carried out an initial survey of our clients, completing it with the known data of our installed base and analyzing the results in three industries: consumer goods (27% of customers surveyed), retail (29%) and industrial (44%). Service Levels. Consumer Goods.

Benchmarking 168

Benchmarking Supply Chain Planning Scenario Planning Forecasting 168

ToolsGroup

AUGUST 20, 2019

Gartner says that the most common outsourced SCP processes are inventory management, statistical forecasting and service parts planning. Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. versus $4.84 For example ….

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

Supply Chain Shaman

OCTOBER 29, 2013

As a result, leaders need to drive the effort to embrace demand error and design the network to drive the same cost, quality and customer service levels given the level of demand error. This requires using new forms of analytics for inventory optimization and network design and doing less on spreadsheets. Reduce Bias and Error.

Forecasting 257

Forecasting Supply Chain Design Software Modeling Forecasting Software 257

Logistics Viewpoints

MARCH 25, 2021

The pandemic drove up prices on many consumer goods as people shifted spending to e-commerce and bought at holiday levels in early spring. The system wasn’t prepared for the surge, driving up pricing for transportation and sapping inventory levels. Price fluctuations and sourcing issues.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

Enterra Insights

JANUARY 14, 2022

Lisa Johnston ( @thatljohnston ), Senior Editor at Consumer Goods Technology, writes, “Much has been written about the extreme shifts in consumer behavior patterns.”[2] ” Along those same lines, surveys have found a strong majority of consumers “believe brands must positively change the world.”

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

BlueYonder

APRIL 13, 2023

This has led to the nearshoring redesign of supply network and manufacturers trying to figure out, “Where do I need to put my inventory” and “How do I think about sourcing of material and goods so that I can fulfill to my customers?” And doing it with customer service in mind, as well as profitability.

Manufacturing Procurement 72

Manufacturing Procurement Inventory Reduction Optimal Sourcing Cost Reduction Strategies 72

AIMMS

SEPTEMBER 9, 2019

With supply chain complexity on the rise, can new technologies help to improve forecast accuracy and achieve benefits like an optimized inventory and better customer service? Many of them in the chemicals, consumer goods, food and beverage and manufacturing industry. . A new day for demand forecasting? .

Forecasting 207

Forecasting Forecasting Software Demand Planning Software Modeling 207

Supply Chain Shaman

OCTOBER 25, 2013

Essentially, the team is removing the partitions between network design, sales and operations planning (S&OP), inventory optimization, fulfillment and transportation planning. As a result, the solution is solving inventory, transportation, and fulfillment in one model across strategic, tactical, operational, and executional horizons.

Supply Chain Planning Software 241

Supply Chain Planning Software Supply Chain Design Software Network Design Software Forecasting Software 241

ToolsGroup

AUGUST 20, 2019

Gartner says that the most common outsourced SCP processes are inventory management, statistical forecasting and service parts planning. Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. versus $4.84 For example ….

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 136

AIMMS

SEPTEMBER 9, 2019

With supply chain complexity on the rise, can new technologies help to improve forecast accuracy and achieve benefits like an optimized inventory and better customer service? Many of them in the chemicals, consumer goods, food and beverage and manufacturing industry. . A new day for demand forecasting? .

Forecasting 156

Forecasting Forecasting Software Demand Planning Software Modeling 156

Enterra Insights

MARCH 14, 2022

Sheffi observes, “One argument is that the just-in-time discipline enables companies to cut inventory carrying costs even if that comes at the expense of the integrity of their supply chains. In other words, companies are said to be willing to sacrifice customer service in their pursuit of cost savings.

Just-in-Time 130

Just-in-Time Inventory Reduction Supply Chain Planning Software Resource Reduction 130

o9 Solutions

NOVEMBER 28, 2022

It is a recognition of the value and innovative power of the o9 platform to help large organizations digitally transform their supply chain, commercial and integrated business planning capabilities and realize game-changing improvements in customer service, inventory levels, resource utilization, and as ESG and financial KPIs.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software North America Dallas 52

ToolsGroup

SEPTEMBER 22, 2021

Sarah Voorhees, senior director of demand and supply planning at American Tire Distributors (ATD) has spent the last 12 years of her career in supply chain leadership roles, where she’s reimagined demand and supply planning and inventory management practices at consumer goods and distribution companies.

Supply Chain Planning Software 177

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

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Orbit Chart for L’Oréal at the Intersection of Inventory Turns and Operating Margin. Growing Pains.

Case Study 257

Case Study Inventory Reduction Agile and Lean Supply Chain Study 257

Logility

JULY 4, 2018

However, supply chain planners from thousands of different consumable and non-consumable consumer goods companies use past 4 th of July demand trends to predict demand for their products for the upcoming 4 th of July Holiday. Long-term forecast accuracy is critical for determining pre-build / pre-purchase inventory plans.

Optimal Sourcing 102

Optimal Sourcing Modeling Supply Chain Planning Software Supply Chain Optimization 102

Elementum

SEPTEMBER 6, 2022

Accepted inefficient practices and conditions often include: Manual data entry errors Raw material wastage High instances of substandard products Bottlenecks in logistics and production Recurring variances or exceptions Inventory overstocks Businesses must be proactive in resolving these difficulties.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 78

RFgen

JANUARY 21, 2016

Innovative inventory techniques go from abstract to concrete in 2016. Here are a few inventory management practices that could make or break a company in 2016: Omnichannel Branches Out. This affects warehouse management because inventory employees must prep orders pouring in from numerous sales channels.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52

RFgen

JANUARY 21, 2016

Innovative inventory techniques go from abstract to concrete in 2016. Here are a few inventory management practices that could make or break a company in 2016: Omnichannel Branches Out. This affects warehouse management because inventory employees must prep orders pouring in from numerous sales channels.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52

Logility

JULY 3, 2018

However, supply chain planners from thousands of different consumable and non-consumable consumer goods companies use past 4 th of July demand trends to predict demand for their products for the upcoming 4 th of July Holiday. Long-term forecast accuracy is critical for determining pre-build / pre-purchase inventory plans.

Optimal Sourcing 100

Optimal Sourcing Modeling Supply Chain Planning Software Supply Chain Optimization 100

The Logistics & Supply Chain Management Society

JULY 14, 2021

If you really want the highest customer service levels at least landed cost, with full control to anticipate and respond to disruption, you’ve got to have a trading partner ecosystem. Disconnected algorithms won’t work, because you lose visibility, and then to compensate, you need armies of planners and inventory buffers.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Network Software Optimization Software Network Optimization 130

CHAINalytics

OCTOBER 29, 2018

Chainalytics recently worked with a personal care brand manufacturer to improve its demand forecasting and production planning processes which helped reduce rising backorders, restore customer service levels, and maintain growth. A rapidly expanding consumer goods company recently found itself struggling to meet customer fill rates.

Forecasting 60

Forecasting Supply and Demand Supply Chain Planning Scenario Planning 60

ToolsGroup

MAY 10, 2016

There is a reoccurring conversation in the parts industry that suggests that demand and distribution in this space is so complex that companies need to settle for less – lower customer service levels, fewer inventory turns, more obsolete or stranded inventory, and ultimately less contribution to corporate profitability.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 120

DELMIA Quintiq

OCTOBER 25, 2015

To meet consumers’ increasing appetite for choice, Fast Moving Consumer Goods (FMCG) manufacturers develop a huge amount of Stock Keeping Units (SKUs). As a result, most packaging manufacturers struggle with delivery reliability and high inventory levels. What should change? The packaging market is very dynamic.

Packaging 120

Packaging Manufacturing Resource Reduction Inventory Reduction 120

Supply Chain Shaman

NOVEMBER 1, 2015

The issue is that costs need to be continually balanced with customer service, and inventory programs against a business strategy. Nine out of ten supply chains are stuck: the companies are unable to make improvement at the intersection of operating margins and inventory turns. It is time to make a change.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 150

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. This is particularly true in the food manufacturing industry, which characteristically has a high volume of products stored, and an urgent need to fill existing client orders to match ongoing consumer demand. Working with fresh food.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

BlueYonder

NOVEMBER 14, 2022

Consider the demands placed on retailers, hotels, restaurants, and the stadiums themselves as they attempt to meet the very specific, time-sensitive demands of millions of tired, hungry, thirsty consumers. To earn the win, companies also need rapid, accurate capabilities in inventory availability and commitment, as well as order promising.

Supply Chain Planning Software 73

Supply Chain Planning Software Modeling Agile and Lean Supply Chain Supply Chain Planning 73

DynaSys

SEPTEMBER 8, 2020

Critical planning scenarios such as packaging, information technology systems, inventory loss, production stoppages, logistics, and labor issues that result from natural disasters, pandemics, and other unplanned events should be the top priority. Choosing this business commits them to provide safe products.

Manufacturing Procurement 63

Manufacturing Procurement Supply Chain Planning Software Manufacturing Supply Chain Network Software 63

Enterra Insights

SEPTEMBER 28, 2020

The editorial team at Consumer Goods Technology (CGT) argues CPG companies have been slow to embrace cognitive technologies; however, the coronavirus pandemic is changing that picture. ’ AI-powered customer service via chatbots is one area in which the technology is prolific across industries.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

BlueYonder

NOVEMBER 1, 2022

In a recent panel discussion with Consumer Goods Technology , Conagra Brands shared how its reworked supply chain strategy is helping the brand meet customer expectations, drive internal performance and find consistent results by transforming supply chain planning. 2 at 4 p.m.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Transformation Modeling Real-time Visibility 52

ToolsGroup

APRIL 19, 2016

For instance, a “Buy One Get One Free” promotion intended to move excess inventory may have a short-term impact, but no meaningful strategic significance. But a major initiative between a consumer goods company and a new retail partner could be significant to both horizons.

S&OP 156

S&OP Supply and Demand Supply Chain Planning Software Predictive Analytics Software 156

Talking Logistics

MARCH 8, 2016

Retailers and consumer goods manufacturers are investing heavily in omni-channel in 2016. The most cited area of investment was for extending the range of omni-channel fulfillment options, closely followed by providing seamless customer shopping experiences and understanding social media. Omni-channel and the DC.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Purchasing Training 100

Logility

JANUARY 22, 2014

This blog post is in response to recent results from the APICS/Logility Survey, Consumer Goods S&OP research, and ChainLink’s end-user research. Could there be a connection between the use of spreadsheets and the lack of visibility, poor promotional performance, and growing inventory levels for some companies?

Demand Planning Software 101

Demand Planning Software Supply and Demand Supply Chain Planning Software Demand Management 101

Bristlecone

JANUARY 19, 2021

However, I did like the unique tiles and the expert design assistance offered by the first retailer and thought through what could have been an ideal customer experience for me: The tile retailer having the ability to look up the current inventory of the distributor online. by a customer whose order has been inexplicably delayed.

Supply Chain Visibility 52

Supply Chain Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52