Logistics Viewpoints

JUNE 26, 2023

Mars is one of the largest fast moving consumer goods companies in the world. In terms of finding a 4PL solution provider, Mars wanted a company that could engage in truck loading and route optimization, and schedule shipments into and out of their warehouses. This private, family-owned business is headquartered in the US.

Supply Chain Planning Software 207

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

Unleashed

FEBRUARY 1, 2023

This feeds into effective inventory management and supply chain planning , and ensures customers receive their goods in a way that is cost-effective, timely and satisfactory for their requirements. Efficient demand planning ensures the business can balance its supply chain requirements and inventory planning with its customer demands.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Alloy

SEPTEMBER 3, 2019

Without this visibility into available inventory and focus on looking ahead to the future, you’ll find it hard to deliver the data-driven recommendations that retailers are looking for from their top partners. It’s calculated by dividing Retailer COGS by the average inventory on hand during the period. Weeks of Supply.

Forecasting 40

Forecasting Forecasting Software Alloy Retail 40

RFgen

MAY 8, 2016

Proper temperature prevents certain inventory from becoming unusable and keeps consumables safe for customers. This often depends on partners able to rapidly report the condition of goods and speed of procedures. Keeping pharmaceutical and other medical inventory at proper temperatures ensures products don’t lose potency.

Inventory 52

Inventory Pharmaceutical Supply Chain Planning Software South America 52

RFgen

MAY 8, 2016

Proper temperature prevents certain inventory from becoming unusable and keeps consumables safe for customers. This often depends on partners able to rapidly report the condition of goods and speed of procedures. Keeping pharmaceutical and other medical inventory at proper temperatures ensures products don’t lose potency.

Inventory 52

Inventory Pharmaceutical Supply Chain Planning Software South America 52

Oracle SCM

AUGUST 1, 2018

Often this data is rolled up organizationally, geographically or in distribution through performance metrics or key performance indicators (targets change with these roll ups). Optimal inventory management using data from point of sale systems, in store inventory updates, in transit inventory and VMI on hand at supplier warehouses.

Supply Chain Planning Software 104

Supply Chain Planning Software Inventory Management Software Gartner Demand Planning Software 104

Enterra Insights

SEPTEMBER 28, 2020

Unfortunately, these sources are limited in providing any meaningful insight into the $760-billion consumer packaged goods market. Most brands lose sight of their products the minute they are shipped out of their warehouses — and don’t know whether or not consumers use their products correctly.”[3]

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Zipline Logistics

JANUARY 10, 2023

Andrew Lynch is President and Co-Founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. However, this model does not allow brands to be in control over production or inventory management. About Andrew Lynch. Perform a network analysis.

Supply Chain Software 52

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Alloy

AUGUST 20, 2019

monitoring what happens to product after it leaves your warehouse is integral to maintaining an efficient supply chain and maximizing sales opportunities. But out of that weekly or daily data deluge, what are the crucial metrics? Fortunately, most retailers provide data to help suppliers understand how they’re performing.

Negotiate Pricing 40

Negotiate Pricing Negotiating Skills Alloy Price Reduction 40

BlueYonder

MARCH 7, 2017

The associated, implicit (and sometimes explicit) message is that you can manage your supply chain simply by looking at a couple of key metrics on a dashboard or spreadsheet. When companies hold products in inventory in anticipation of customer orders, what is the best location to maintain inventory?

Optimization Software 53

Optimization Software Supply Chain Planning Software Supply Chain Optimization Price Mitigation Strategies 53

E2open

MARCH 1, 2018

Now, however, since Walmart’s DCs and stores won’t be storing inventory in excess of optimal levels determined by demand and supply characteristics, they’ll effectively be passing the end consumer demand through to CPG companies. If the loss of inventory is a challenge, the filtering through of real demand is an opportunity.

Supply and Demand 60

Supply and Demand Forecasting Modeling Supply Chain Planning Software 60

E2open

MARCH 1, 2018

Now, however, since Walmart’s DCs and stores won’t be storing inventory in excess of optimal levels determined by demand and supply characteristics, they’ll effectively be passing the end consumer demand through to CPG companies. If the loss of inventory is a challenge, the filtering through of real demand is an opportunity.

Supply and Demand 60

Supply and Demand Forecasting Modeling Supply Chain Planning Software 60

Silvon Software

APRIL 29, 2022

Inventory can be a manufacturer’s most important asset. But a large inventory has its own liabilities such as cost to store and insure it, along with the risk of spoilage, theft and damage. The Basics of Inventory Management KPIs. Every inventory KPI needs a clearly defined goal.

Optimal Sourcing 114

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 114

Logistics Viewpoints

OCTOBER 4, 2021

And how can consumer goods companies learn from their performance in this pandemic to prepare for the future? A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. But just how bad was it? Forecasting Accuracy Was Terrible .

Inventory Reduction 221

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 221

Kinaxis

MAY 18, 2016

You might think, “okay, our warehouse is good” without thinking about the end to end. Procurement might have hit their cost savings metrics, but if it meant purchasing more than needed, and that might hurt your warehouse inventories. All three of those things are interesting and exciting to me.

Supply Chain Software 100

Supply Chain Software Gartner Supply Chain Planning Software Agile and Lean Supply Chain 100

Supply Chain Game Changer

NOVEMBER 11, 2018

And the operation had been run without true Warehouse Management experience as well. The other person seemed overwhelmed and lost while looking at the mess in the warehouse. I was going to move to the States when the leadership team asked me to run the Canadian warehouse. The system cutover was a disaster.

SCM 43

SCM Supply Chain Planning Software Buyer Training Supply Chain Software 43

Unleashed

MARCH 9, 2021

This is often managed with the help of supplier management software or inventory management software. While many businesses are interested in procuring the best quality goods and services at the cheapest price, cost is not the only procurement factor. In this post, we’ll unpack ten top procurement metrics and why they matter.

Procurement Analytics 104

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Supply Chain Shaman

AUGUST 26, 2015

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). ” They questioned, “ How long will this recession last?

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

E2open

NOVEMBER 30, 2017

Of course, demand sensing can also use customer data, such as point of sale, store inventory or warehouse withdrawals. On the flipside, it also prevents you from getting stuck with too much inventory from underperforming promotions – this is especially important for event-specific items that are hard to repurpose or are perishable.

Supply and Demand 60

Supply and Demand Demand Planning Software Modeling Forecasting 60

Alloy

JUNE 9, 2022

This process saves on domestic warehousing and reduces costs to vendors, which reduces costs to retailers. Brands don’t need to hold the inventory, may not need to arrange transportation and don’t need to forecast for that subset of products. Products are stored in a domestic warehouse before being shipped on to the retailer’s DC.

Consumer Goods 52

Consumer Goods Supply Chain Planning Software Forecasting Software Alloy 52

E2open

JANUARY 20, 2017

But also other key metrics such as inventory levels or inter-warehouse movements have improved, as better business decisions lead to better stock utilization. Consumer Electronics. Consumer Goods. As a result, the workload has shifted from escalation to more value-added activities. Demand-driven.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 60

BlueYonder

APRIL 5, 2017

At its core, demand planning is the function of producing the demand plan, e.g. the operational sales forecast that drives manufacturing and/or the replenishment of product into a store or warehouse. This puts the full accountability for service levels and inventory on one person. Vendor/customer collaboration.

Supply and Demand 56

Supply and Demand Demand Planning Groups Supply Chain Planning Software 56

Supply Chain Shaman

AUGUST 21, 2015

In addition, 85% of the vendors in the multi-tier inventory optimization market that I wrote about in 1995, are now part of larger platforms. The problems are tough: issues like alternate bill of materials, floating bottlenecks, constraints, customer segmentation strategies and multi-tier inventory optimization requires robust technology.

S&OP 150

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Design Software 150

BlueYonder

APRIL 5, 2017

At its core, demand planning is the function of producing the demand plan, e.g. the operational sales forecast that drives manufacturing and/or the replenishment of product into a store or warehouse. This puts the full accountability for service levels and inventory on one person. Vendor/customer collaboration.

Supply and Demand 40

Supply and Demand Demand Planning Groups Supply Chain Planning Software 40

Logistics Bureau

NOVEMBER 27, 2016

Is sustainability a viable growth strategy for fast-moving-consumer-goods brands? The measurements however, are just a means to an end , with the KPI-driven conversations being considered more important than the actual metrics. Boxes Within Boxes. The Incredible Value of Crumbs.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

ShipBob

APRIL 13, 2021

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. This is a good KPI because it: Has a quantifiable target of 1,000 new customers and. Why are ecommerce performance metrics important to your online store? Sales KPIs.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

Alloy

OCTOBER 3, 2023

Channel Performance in Walmart Luminate is intended to act as your single-source of truth for sales, inventory and forecast data. And the range of new metrics — such as category level insights in Shopper Behavior — give you considerable visibility into your brand’s performance against competitors.

Procurement Analytics 52

Procurement Analytics Analytics Software Forecasting Software Predictive Analytics Software 52

ShipBob

FEBRUARY 26, 2024

and then planning your inventory orders accordingly. It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. Production and inventory planning should be accounted for when making this forecast. This requires forecasting orders based on anticipated demand (i.e.,

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Supply Chain Shaman

NOVEMBER 29, 2015

This is a key differentiator and vastly different to the principles we know today of relational software in rows and tables and traditional data warehouse approaches using ETL where processing data requires movement. Inventories are high, and we have excessive ocean capacity. Instead, the program processes the data where it resides.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

Alloy

FEBRUARY 3, 2021

When orders exceed inventory available in your warehouses, you’re faced with tricky allocation decisions to maximize sales and keep customers happy. This simulated metric projects what demand, and thus sales, would be if you were in-stock during a given period. Prioritize orders that will mitigate the most lost sales.

Buyer Training 90

Buyer Training Negotiating Skills Data Forecasting 90

Supply Chain Shaman

JANUARY 2, 2023

While retailers use the forecast for inventory management and assortment planning, a manufacturer uses the forecast not only to manage inventory but also to align manufacturing capacities to manage constraints. Forecasts are used to manage inventory and align the organization to manage constraints. Let me explain.

Supply and Demand 391

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 391

Alloy

FEBRUARY 11, 2021

The 80/20 effect is particularly salient in consumer goods. Depending on your industry, yearly revenue can be determined by weather or holiday-driven selling seasons, a few key promotions, big product launches or unexpected consumer trends. . Use historical POS and retail inventory data to create forecast baselines.

Forecasting 52

Forecasting Alloy Negotiating Skills Buyer Training 52

Alloy

APRIL 29, 2021

Our research with supply chain professionals at consumer goods companies found that 55% consider On Time and In Full (OTIF) orders, or so called “perfect orders,” one of their top three KPIs. That’s the highest percentage out of all metrics we asked about, including On Shelf Availability (37%) and forecast accuracy (34%).

Alloy 52

Alloy Forecasting Metrics Just-in-Time 52

Enterra Insights

SEPTEMBER 12, 2019

To meet consumer needs, everyone in the supply chain needs to work harmoniously together or risk bad reviews and loss of business. Lack of Inventory Visibility and Metrics. Carrying inventory is a necessary evil. Too much inventory means profits are eaten away by storage costs. They are: 1.

Omnichannel 100

Omnichannel Logistics Network Optimization Software Retail Inventory Reduction 100

Supply Chain Shaman

NOVEMBER 14, 2016

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. To meet the criteria for The Supply Chains to Admire for 2016, companies needed to score better than their peer group average for performance metrics, while driving a higher level of improvement than 2/3 of their industry peer group.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Vinculum

MARCH 31, 2021

Customer-centric, personalized, search-powered, and social-powered are the metrics-driven omnichannel product experiences of today. Consumers may know or suspect their devices, buy or consume goods in a certain way, have specific preferences, knowledge of the market, demographics, and geolocations.

Omnichannel 52

Omnichannel Retail Inventory Reduction Manufacturing Procurement 52

BlueYonder

JANUARY 31, 2022

The world’s logistics teams have struggled for two years to address shortages of both warehouse associates and drivers. Blue Yonder’s capabilities in warehouse management and transportation management, along with Luminate Control Tower, enable increased productivity via automation, process improvement and organizational restructuring.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 40