Supply Chain Shaman

SEPTEMBER 3, 2015

While I agree that companies need to right size inventory to maximize ROIC and improve customer service, there are many underlying decisions that I feel many companies do not make consciously. Cycle stock is the management of stock required to cycle through production runs and procurement buys effectively. My Insights.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Shaman

SEPTEMBER 20, 2015

Most supply chain planning teams do not know their customers. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. They have abandoned their spreadsheet ghettos.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

DynaSys

SEPTEMBER 8, 2020

Years ago, I saw a statistic that many people do not purchase a fire extinguisher for their residences until after they experience an actual incident. Businesses that choose to produce consumer goods have an obligation to more than just their shareholders. The same concept works for business and manufacturing.

Manufacturing Procurement 72

Manufacturing Procurement Supply Chain Planning Software Manufacturing Supply Chain Network Software 72

Enterra Insights

MAY 31, 2019

4] Consumer “needs” include multiple ways of buying and receiving goods. James Curtis, a Business Development Representative at One Network Enterprises, explains, “Consumers are buying products through many different channels the consumer goods supply chain has become more complex than ever before.

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

QAD

MAY 19, 2021

Retail and Consumer Goods. Standard modules include: Customer and Service Management. Analytics and Reporting. An ERP software system allows for better performance and project management that helps plan, budget, predict and accurately report on an organization’s financial health and processes.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimization Software Inventory Management Software 52

Unleashed

AUGUST 11, 2020

High levels of fresh and fast-moving consumer goods are common in the food manufacturing industry and inventory levels of raw material, in-progress and finished goods need to be effectively managed to reduce the holding costs of the inventory. Working with fresh food. It all comes down to the data. How much do you have?

Manufacturing Procurement 89

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

Supply Chain Shaman

AUGUST 26, 2015

Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error. The irony is that consumer data has never been more available.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

RFgen

APRIL 18, 2018

Before we explore the key takeaways from last year’s holiday shopping season, let’s first look at the raw results , based on reports from the National Retail Federation: Sales were higher than in 2016, reaching $691.9 That kind of error rate can undermine customer experiences and lead to revenue problems, especially at busy times.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Third Party Logistics Logistics Network Optimization Software 52

RFgen

APRIL 18, 2018

Before we explore the key takeaways from last year’s holiday shopping season, let’s first look at the raw results , based on reports from the National Retail Federation: Sales were higher than in 2016, reaching $691.9 That kind of error rate can undermine customer experiences and lead to revenue problems, especially at busy times.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Third Party Logistics Logistics Network Optimization Software 52

RFgen

JANUARY 21, 2016

More companies in 2016 will use manufacturing machines that can report progress and monitor production using automated data collection procedures communicated over an online system. Using this knowledge, companies can deliver personalized service and encourage patronage through special incentives.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52

RFgen

JANUARY 21, 2016

More companies in 2016 will use manufacturing machines that can report progress and monitor production using automated data collection procedures communicated over an online system. Using this knowledge, companies can deliver personalized service and encourage patronage through special incentives.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52

ShipBob

APRIL 13, 2021

Tracking the right ecommerce KPIs will help you make better-informed decisions regarding your ecommerce brand, from revenue and conversions to marketing and customer service. However, there is a wide range of metrics that you should be tracking to help your online store grow. Why ecommerce performance metrics are important.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics. Artificial Intelligence AND Machine Learning.

Supply Chain Planning Software 298

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

Logistics Bureau

AUGUST 17, 2017

A better understanding of supply chain cost dynamics can help companies recognise their profitable customers. Many companies fail to recognise the true profitability of their customers and product/service mix. There are five critical steps in undertaking CTS: Identify the characteristics of your customers and products.

Purchasing Skills 40

Purchasing Skills Cost Reduction Strategies Resource Reduction Price Reduction 40

Enterra Insights

MAY 12, 2021

.” Although it’s true that some businesses are strictly designed to offer experiences, for most businesses, there is a very fuzzy line differentiating customer experience from customer service. ” Obviously, virtual customer experience (i.e., ” Consumer Goods Technology, 18 March 2021.

Procurement Solutions 147

Procurement Solutions Predictive Analytics Software Modeling Software Demand Planning Software 147

Enterra Insights

MAY 9, 2022

This created a new retail landscape — on both the consumer and supplier side. On the supplier side, Saloumeh (Sally) Sabet, global lead of Consumer Goods Go to Market for Pitcher, explains, “Historically, the consumer goods suppliers with the most sales presence in the field used to be the ones leading the retail execution space.

Omnichannel 130

Omnichannel Retail Purchasing Skills Inventory Reduction 130

ShipBob

FEBRUARY 26, 2024

It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. You’re not paying for excess inventory or spending money on the costs associated with carrying them. As a result of this improved forecasting precision, you can plan your procurement more accurately.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Enterra Insights

JULY 18, 2019

.”[1] At the same time, writes SAS’ Rodney Weidemann, “The impact of emerging technologies such as artificial intelligence, machine learning and cognitive computing — the latter underpinned by big data and advanced data analytics — is beginning to be felt.”[2] Path to Purchase. trillion in business in the U.S.

Omnichannel 162

Omnichannel Analytics Software Predictive Analytics Software Purchasing Skills 162

Supply Chain Insights

JUNE 26, 2017

It is data that depicts the end results of the corporate and local marketing of both the consumer products manufacturers and the retailers such as direct-to-consumer marketing and trade channel promotion. The good news is that a whopping 38% of the respondents say that can now receive insights within a half day or less !

Data 110

Data Supply Chain Planning Software Analytics Software Predictive Analytics Software 110

Vinculum

MARCH 31, 2021

With the advent of omnichannel commerce, consumers can engage with retailers in an entirely new way. With a growing number of digital channels and touchpoints, along with standardized customer service expectations, your business needs a comprehensive, multichannel approach to stay in step with customer expectations.

Omnichannel 52

Omnichannel Retail Inventory Reduction Manufacturing Procurement 52

Locus Robotics

JULY 5, 2019

Simply put, it’s a term used to describe Amazon’s success, which has changed the retail segment and customer expectations, both online and offline. Amazon’s delivery network is a logistics marvel that allows room for the delivery of virtually any consumer good to the doorstep in a matter of days or even hours.

Warehousing 40

Warehousing Cost Reduction Strategies Vendor Strategies Price Reduction 40

Logistics Bureau

APRIL 8, 2016

A big contributor to cost reduction and therefore increased profits for Costco is the elimination of product handling stages between supply and sales. The chain purchases most of its merchandise direct from manufacturers. Optimising Suppliers for Cost Efficiency. billion compared to $274.5 billion, for 2013). Supplier city.

Cost Reduction Strategies 40

Cost Reduction Strategies Material Savings Inventory Reduction Expense Reduction 40

6 River Systems

FEBRUARY 3, 2020

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics Advanced and predictive analytics are deployed in real- or near-real time.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 59

Vinculum

JULY 15, 2020

Coupled with growing purchasing power and better internet access, this handiness and convenience convince the buyers to spend more, and beyond our necessities and our own countries’ boundaries, year after year. The approach of C2C transaction and customer services makes it different from any other ecommerce platforms.

Asia 52

Asia Indonesia Thailand Vietnam 52

Supply Chain Matters

JANUARY 2, 2023

Both Bloomberg and The Wall Street Journal pointed to the news of production suspensions and consequent worker unrest at Foxconn ’s massive Zhengzhou “ iPhone City ” facility impacting production daily volumes of various models of the newly released iPhone 14. Commercial Aircraft Industry. billion, principally weighed down by $2.8

Supply Chain Strategy 59

Supply Chain Strategy Price Reduction Supply Chain Planning Software Agile and Lean Supply Chain 59

DynaSys

SEPTEMBER 5, 2019

The company employs 500 people located in France and in China with strong competencies to serve the needs of our customers. They have more than 4 000 customers worldwide, representing all retail chains: from independent stores, to central purchasing and online Pure Players.

Manufacturing Procurement 40

Manufacturing Procurement Supply Chain Design Supply Chain Strategy Modeling 40

Logistics Bureau

NOVEMBER 14, 2018

Orders can be evaluated in terms of their true Cost to Serve, and either accepted, declined, or modified on that basis. Seasonal variations can be taken into account, whether in the costs of production, storage, or transport. Alternative modes of service and distribution can be investigated before trying them out in practice.

Purchasing Skills 74

Purchasing Skills Cost Reduction Strategies Supply Chain Design Software Optimal Sourcing 74

Supply Chain Trend

DECEMBER 13, 2016

Steve Hainey is an international speaker who has had over 20 years’ experience in global multi-site supply chain planning for Fortune 100 & 500 manufacturing companies of retail consumable goods, chemical materials, and medical device products. I have purchased the E-Book myself and truly enjoyed it. .

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Analytics Software 60

Unleashed

DECEMBER 20, 2022

Here’s a quick breakdown of the 3 types of products sold online: Physical goods: Anything that you can purchase in a traditional brick-and-mortar store, from groceries to homewares, building supplies and even motor vehicles. These include educational products, subscriptions and memberships, streaming services, music, and digital art.

Modeling Software 96

Modeling Software Demand Planning Software Inventory Management Software Forecasting Software 96

Logistics Bureau

JULY 11, 2018

As it is, even Amazon’s full potential is stifled by the existence of silos, as revealed in a Wall Street Journal report in 2017. The End-Customer Is Not Going To Let Up. The end-customer has power, knows it, and enjoys it. BRICs Are Moving to Buying, Not Just Making. How long will offshoring last? IT is a case in point.

Agile and Lean Supply Chain 85

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software Trends 85