Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. Managing finished goods and tracking the costs associated with each of them are essential aspects of manufacturing accounting and stock control.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

RFgen

OCTOBER 26, 2021

The food and beverage industry’s future lies in smart manufacturing technologies that will automate operations and drive growth. True success for food companies will occur when smart manufacturing trends are integrated into critical business systems like ERPs. Perfect data collection is required in an age of smart manufacturing.

Beverage 52

Beverage Food Inventory Management Software Trends 52

RFgen

OCTOBER 26, 2021

The food and beverage industry’s future lies in smart manufacturing technologies that will automate operations and drive growth. True success for food companies will occur when smart manufacturing trends are integrated into critical business systems like ERPs. Perfect data collection is required in an age of smart manufacturing.

Beverage 52

Beverage Food Inventory Management Software Trends 52

RFgen

AUGUST 31, 2016

Specifically, shoppers are increasingly turning to online stores, signaling necessary adjustments to the supply chain, particularly with logistics and inventory management. Why Inventory Management Matters. The post Target Hires New Inventory Management Leader to Revamp Supply Chain appeared first on RFgen.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Inventory Management Supply Chain Planning Software 52

RFgen

AUGUST 31, 2016

Specifically, shoppers are increasingly turning to online stores, signaling necessary adjustments to the supply chain, particularly with logistics and inventory management. Why Inventory Management Matters. The post Target Hires New Inventory Management Leader to Revamp Supply Chain appeared first on RFgen.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Inventory Management Supply Chain Planning Software 52

QAD

NOVEMBER 17, 2022

Just when manufacturers and distributors thought some semblance of “normal” might be returning, the possibility of a railroad strike has resurfaced. Rail transportation is the best choice to move raw materials, ingredients, packaging, work-in-process, finished goods and essential supplies like fuel, solvents and processing chemicals.

Scenario Planning 95

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RFgen

JANUARY 21, 2016

Here are a few inventory management practices that could make or break a company in 2016: Omnichannel Branches Out. The Inventory and Supply Chain Optimization blog suggested channels that directly affect warehouse management strategies have recently expanded to include social media.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52

RFgen

JANUARY 21, 2016

Here are a few inventory management practices that could make or break a company in 2016: Omnichannel Branches Out. The Inventory and Supply Chain Optimization blog suggested channels that directly affect warehouse management strategies have recently expanded to include social media.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52

Supply Chain Shaman

AUGUST 7, 2018

However, we can start with inventory management and the tracking of materials in the hospital more efficiently. It is 30X more manual effort than in manufacturing-based supply chains. I remember the days of when I first ran a warehouse for a manufacturing company. It was before warehouse management.

Pharmaceutical 150

Pharmaceutical Manufacturing Procurement Sourcing Strategies Inventory Reduction 150

Supply Chain Matters

DECEMBER 6, 2023

The above is relatively good news for retail and consumer goods businesses given the inventory overhang that has dogged the industry for far too long. The report authors context these moves as a return to just-in-time inventory management practices. That trending, along with the latest U.S.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Trends Logistics Scenario Planning 52

Supply Chain Shaman

JANUARY 2, 2019

Companies cannot save their way to supply chain excellence with cost-cutting and inventory management — customer back capabilities. Digital Manufacturing Success. In the next two years, companies will make the most progress in the area of digital manufacturing. Winners and Losers.

Prescriptive Analytics Software 241

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Supply Chain Matters

DECEMBER 4, 2023

In our prior highlights and perceptions of September and October published indices , we observed that the numbers once again signaled continued contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. in November.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Unleashed

NOVEMBER 15, 2021

Learn more: The Ultimate Manufacturing Guide: SME Manufacturing Explained What is mass customisation? It’s a manufacturing process for customising goods at scale while keeping unit costs low – a middle ground between standardisation and personalisation. Consumer electronics is one of the major sectors driving this push.

Inventory Management Software 98

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

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. For example ….

Supply Chain Planning Software 214

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

Unleashed

DECEMBER 15, 2021

Days Sales of Inventory (DSI) is a key measure to help you understand how efficient your inventory management is. Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor.

Procurement Analytics 98

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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

ThroughPut

DECEMBER 5, 2023

It involves analyzing historical sales data, understanding market trends, and considering various factors influencing demand, such as economic conditions, consumer behavior, and competitor activities. What are the Benefits of Accurate Demand Forecasting?

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

Unleashed

SEPTEMBER 30, 2021

Learn more: What is Inventory Management? Techniques for 2021 What is vendor managed inventory? VMI is an inventory system in which the vendor (a manufacturer or supplier) is responsible for maintaining appropriate levels of inventory for the buyer, who is a retailer who then sells the goods on to the end consumer.

Vendor Strategies 98

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MIT Supply Chain

JANUARY 5, 2017

Even with today’s sophisticated inventory management systems, retailers are woefully unaware of just how low on-shelf availability is for many of the products they carry. The culprit is “phantom inventory”—goods that […].

Inventory Reduction 49

Inventory Reduction Inventory Inventory Management Software Consumer Goods 49

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. For example ….

Supply Chain Planning Software 136

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

crisp

JULY 12, 2023

Crisp’s resident supply chain expert Barry Bradley shares an update on the state of the consumer goods supply chain, offering insight on how companies can stay ahead of the trends and gain a competitive advantage. As more goods are manufactured domestically, there is a greater demand for domestic transportation services.

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Planning Manufacturing Procurement 52

Enterra Insights

SEPTEMBER 28, 2020

From demand planning to manufacturing to trade promotion optimization, data is essential for almost every aspect of consumer packaged goods (CPG) company operations. The team writes, “Before the COVID-19 shutdown — and despite the constant hype — artificial intelligence (AI) was lagging in the consumer goods industry.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Supply Chain Matters

MAY 3, 2022

In this Supply Chain Matters commentary, we highlight the latest quantitative data related to global manufacturing PMI activity levels for April. Global Manufacturing Output Levels Declined. The Global Manufacturing Output sub-index reportedly dropped to a contraction value of 48.5 Manufacturing Indices. in March to 46.0

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

SCMDOJO

JANUARY 30, 2023

From tech giants to manufacturing leaders, the top 10 CEOs in the supply chain industry have blazed a trail of success. Mary Barra Mary Barra is the Chairman and CEO of General Motors, a Fortune 500 auto-manufacturing company. Explore their stories and accomplishments, and be inspired to become an effective leader in your own right.

Supply Chain Design Software 118

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Supply Chain Matters

JUNE 5, 2023

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The May report indicated that the global wide PMI has now been below the neutral 50 mark for nine consecutive months, and again an indication of manufacturing recession conditions. in April to 58.7 value in April to 58.2 value in April.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Thailand 52

Supply Chain Matters

DECEMBER 28, 2023

Timely Industry Example- Online Retail and E-Commerce With increased importance of online retail, E-Commerce or services-centric business models, enhanced coordination of customer focused fulfillment and inventory management has taken on special emphasis.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Network Software Supply Chain Design Software Supply Chain Software 59

crisp

DECEMBER 7, 2023

A data-driven vision In the fast-moving, dynamic world of consumer goods, agility is paramount. Automation and a commitment to applying data to data in every decision. With insights from Crisp, ZURU advises retailers on which products to stock at individual store locations for optimal sales.

Groups 52

Groups Inventory Reduction Modeling Agile and Lean Supply Chain 52

Unleashed

JANUARY 25, 2019

There is always the opportunity for improvement when it comes to inventory management. Analyse your different types of inventory. It’s important to step back and take a look at the different types of your inventory such as raw materials, partially manufactured products and completed products.

Inventory Management Software 40

Inventory Management Software Inventory Management Inventory Reduction Inventory 40

Unleashed

DECEMBER 15, 2019

This form of sourcing is typically used for simple components or cheap consumer goods such as t-shirts — poor stitching on t-shirts pose a less serious consequence than a minor mistake on a computer battery! Leverage manufacturers and their network. It might make sense to leverage the economies of larger manufacturers overseas.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

EMERGE App

JUNE 9, 2019

Behind all these efforts, though, is the need to control and manage your fashion inventory. Inventory management doesn’t rank highly at dinner party chatter but it’s a critical and inevitable part of dealing with physical stock. What is Fashion Inventory Management? The Fashion Industry First.

Inventory Management Software 56

Inventory Management Software Inventory Management Inventory Reduction Inventory 56

Silvon Software

JUNE 4, 2019

While the 2 percent increase doesn’t seem like much, mid-sized or smaller manufacturers may have a tough time stepping up to the higher standard. This hub should also allow the information to be consumed for demand planning, demand sensing and inventory management.

Analytics Software 65

Analytics Software Predictive Analytics Analytics Supply Chain Planning Software 65

Supply Chain View from the Field

MAY 23, 2013

Recent discussions with consumer goods companies reveals that margin management is becoming an imperative that goes far beyond just taking out cost of goods sold, or using full truck loads on shipment. The answer is that not all kids have the same margin structure.

Purchasing Skills 74

Purchasing Skills Modeling Optimal Sourcing Manufacturing Procurement 74

QAD

JUNE 16, 2021

Managing the shop floor, inventory, operations and scheduling are some of the keys to ensuring a manufacturing business runs smoothly. As manufacturing and supply chains scale to meet larger global needs, real-time data and software systems allow manufacturers to automate processes and make smart data-driven decisions.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 52

Supply Chain Matters

JUNE 7, 2023

Other insights pointed out in the May LMI report are that the current rate of contraction is strongest in upstream firms, namely manufacturers, wholesalers and distributors, compared to their downstream retail industry counterparts.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Enterra Insights

MARCH 14, 2022

The calls for more ‘just-in-case’ planning have grown as additional shortages have flared in the wake of the Omicron variant, and companies are reported to be weighing whether they should keep bigger buffer stock to help manage fluctuations in supply and demand in a highly volatile commercial environment.”[2]

Just-in-Time 130

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

Supply Chain Matters

FEBRUARY 25, 2022

In a Supply Chain Matters commentary published earlier this month, we highlighted for readers that the implications of rapidly rising producer prices and end-product consumer goods inflation on industry supply chains.

Supply Chain Planning 40

Supply Chain Planning Inventory Manufacturing Procurement Supply and Demand 40