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

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The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. By identifying behavior patterns that indicate a shift in consumer habits, companies can even predict upcoming trends and prepare for unexpected demand shifts.

Supply Chain Planning Software 298

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ToolsGroup

MARCH 17, 2021

Because our customers around the globe can meet or exceed their service level requirements while minimizing inventory, they’re ready for whatever tomorrow brings.” Michael has been particularly instrumental in the past 12 months working closely with companies in the fast-moving consumer goods industry on COVID-19 response and recovery.

Optimal Sourcing 120

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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. West Coast ports currently averaging over 100 days, more inventory is sitting on ships and not able to be sold.

Supply Chain Planning 40

Supply Chain Planning Inventory Manufacturing Procurement Supply and Demand 40

Enterra Insights

OCTOBER 11, 2022

The stark truth is that planning and optimizations are done in many departments within a business, such as supply, manufacturing, distribution, warehouse, transportation, budget, labor, and so on. For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers.

S&OP 130

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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

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Supply Chain Matters

DECEMBER 28, 2023

They provide capabilities to coordinate supply chain procurement, planning, fulfillment, or other network wide decision-making capabilities among various supply networks and order fulfillment segments. and specifically increased demand for many forms of pandemic related consumer goods.

Supply Chain Planning Software 59

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Talking Logistics

JUNE 23, 2015

But when PwC asked CEOs in a recent survey ( Global Retail and Consumer Goods CEO Survey: The Omni-Channel Fulfillment Imperative ) what areas most needed their additional attention to achieve omni-channel fulfillment, 88 percent said it is their transportation and logistics operations. Transportation is an Afterthought.

Supply Chain Planning Software 100

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Supply Chain Matters

NOVEMBER 28, 2022

Specifically for retail and consumer goods focused supply chain management teams, a short-term tactical concern is the ongoing management of excess product inventories, which in many cases, need to be trimmed before the end of the year. Taking Advantage of Transportation and Logistics Market Dynamics.

Sourcing Strategies 59

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 59

Supply Chain Matters

MARCH 5, 2024

Overall, global activity reportedly showed signs of increased production output for consumer goods production levels but continued muted growth for intermediate supply network and investment goods production levels. Slight Rise in Global Wide Production Activity Global-wide manufacturing levels as depicted in the J.P.

Manufacturing Procurement 59

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Supply Chain Shaman

JANUARY 2, 2023

This enables the modeling of channel data along with order and shipment data to drive a role-based view for finance, promotion planning, manufacturing planning (along with S&OP), transportation planning, and procurement. Forecasts are used to manage inventory and align the organization to manage constraints. Let me explain.

Supply and Demand 358

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Supply Chain Matters

JUNE 7, 2023

Transportation utilization reportedly dipped a hefty 9.5 percentage points In May, noted as an indication that shippers are consuming even less of available capacity than the month earlier. Consequently, transportation prices reportedly declined 8.9 That summation reinforces that the U.S.

Negotiating Skills 52

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Logility

SEPTEMBER 26, 2017

For more than a decade, I have implemented inventory optimization solutions for some of the world’s largest companies in industries ranging from life sciences to chemicals, from consumer goods to high-tech, and more. Related Content: eBook: The Inventory Optimization Handbook. How are you managing risk?

Modeling 113

Modeling Supply Chain Planning Software Optimal Sourcing Supply and Demand 113

QAD

OCTOBER 5, 2021

In this area, enhancements include: QAD Manufacturing adds eSignature functionality for Inventory Detail and Transfer, Test Specifications and Production Orders Operations to improve productivity and reduce risk. This allows planners to improve promotion scheduling, enhance profitability and better adhere to budget constraints.

Manufacturing Procurement 98

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ShipBob

FEBRUARY 26, 2024

and then planning your inventory orders accordingly. Production and inventory planning should be accounted for when making this forecast. Generating orders – The above step will help you finalize your order prediction, following which you’ll need to go through the process of ordering goods. How many units do you expect to sell?

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

The Logistics & Supply Chain Management Society

JULY 14, 2021

We had to break them up into a lot of different modules, such as production management, order management, procurement, MRP, etc. Disconnected algorithms won’t work, because you lose visibility, and then to compensate, you need armies of planners and inventory buffers. extra inventory. And that’s a huge problem.

Optimal Sourcing 130

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Supply Chain Matters

AUGUST 4, 2022

We indicated in our commentary that August usually represents the global supply chain ramp-up for supporting Q3 and Q 4 holiday spending on consumer goods, gifts and seasonal merchandise. The second half of the year has traditionally been the busiest period in material, transportation and logistics flows. and Europe.

Supply Chain Planning Software 52

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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. Poor Visibility into Inventory in Transit.

Omnichannel 100

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ThroughPut

OCTOBER 13, 2021

It influences demand across sectors like housing, transport and logistics management , and even consumer goods. At the Demand Fulfilment Stage: A transparent supply chain establishes opportunities for added inventory in the cement industry early on. An Intelligent Demand-Planning Solution for Cement Manufacturers.

Supply and Demand 52

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Supply Chain Matters

MAY 3, 2022

They collectively provide evidence that the prior disruptions still occurring among industry supply chains, compounded by the latest manufacturing, logistics and transportation disruptions occurring in China, will have a longer economic and service level effect in the coming months. Global Manufacturing Output Levels Declined.

Manufacturing Procurement 52

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Elementum

MAY 19, 2022

The 50’s saw the development of “containerization” which enabled intermodal (ship, rail, air, truck) transport. The American Production and Inventory Control society, known as APICs, was formed in 1957, officially launching the era of supply chain as a profession and discipline of its own. Also in the US: 4.9 Also in the US: 4.9

Supply Chain Planning Software 78

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CH Robinson Transportfolio

NOVEMBER 19, 2020

Manufacturing/Auto/Industrials – Raw material and original equipment manufacturer (OEM) supplier networks, along with factory outputs tied to industrial equipment, automotive products, and consumer goods. And, accordingly, each industry procures and manages capacity differently to navigate these challenges and drive positive outcomes.

Optimal Sourcing 44

Optimal Sourcing Material Savings Shipping Price Reduction 44

Supply Chain Matters

JULY 6, 2022

Elevated transportation and logistics costs and longer transit times have impacted profitability, despite ongoing price increases imposed on products. Further reported was that about two-thirds of the company’s inventory was still in-transit at the end of the most recent quarter. billion, while sales associated with the U.S.

Supply Chain Disruption 52

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Supply Chain Matters

JULY 20, 2022

front that retailers and certain businesses may have procured too much inventory , and now that these inventories have arrived, the challenge will be not to exposed to a decline in consumer buying activity in the months to come. There is further growing evidence on the U.S. percent of GDP to 6.2

Manufacturing Procurement 98

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crisp

FEBRUARY 14, 2023

In his time at Crisp, Bradley has been an integral force, working with leading CPG and retail organizations on adopting the data platform to streamline inventory management, greatly reduce out of stocks, and ultimately realize Crisp’s mission to reduce global food waste through the use of better data across the supply chain.

Food 52

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MIT Supply Chain

JULY 22, 2021

We are now witnessing a corporate version of this practice, as supermarkets build inventories in anticipation of product shortages. A silver lining is that the lessons learned could lead to more flexible approaches to inventory management generally. Our inventories are up significantly over the same period last year.”

Company 52

Company Inventory Reduction Supply and Demand Agile and Lean Supply Chain 52

Supply Chain Matters

FEBRUARY 5, 2024

While production rose among consumer goods producers, it reportedly was unchanged among intermediate and investment goods sectors. Further reported was that supplier delivery performance levels deteriorated for the first time attributed to trucking and transportation delays. up 2 percentage points from the 47.1

Manufacturing Procurement 52

Manufacturing Procurement South Korea Manufacturing Global 52

Talking Logistics

JUNE 19, 2018

Properly implemented, a Center of Excellence provides insight to needed data on global and domestic transportation, warehouse management, distribution, and more. It aggregates data from all partners in a supply chain network – noting real-time status of orders, shipments and inventory, all of which enable supply chain execution decisions.

Optimal Sourcing 101

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Supply Chain Matters

AUGUST 3, 2022

The latest report indicated that rates of expansion slowed in consumer, investment and intermediate goods industries, the latter for the third time in three months. Also highlighted was that purchasing activity, stocks of purchases and finished goods inventories collectively rose in July. slipping 2.3

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

Supply Chain Shaman

FEBRUARY 11, 2014

When I sat down to write the book, Bricks Matter, I believed that companies had used supply chain technologies to reduce operating margin and improve inventory turns. Resiliency: The pattern or reliability of results at this intersection of operating margin and inventory turns. I was surprised to find that I was wrong.

Metrics 283

Metrics Optimal Sourcing Manufacturing Procurement Inventory Reduction 283

Supply Chain Matters

DECEMBER 13, 2022

The year featured continual component shortfalls, explosive inbound materials cost increases and continuous global transportation disruptions. The report headlines further pointed to a bleak outlook amid subdued business optimism, rising global-wide inventory, and leading indicators pointing to weaker intakes of new business.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Optimization Supply Chain Software Supply Chain Strategy 52

Logichain Solutions

SEPTEMBER 9, 2019

Collaboration between marketing, product development, finance, procurement and supply chain teams saves costs along the value chain and gives your brand a competitive advantage. Transportation. Volume and weight of products drive some of the main costs in transportation. Conclusion. About the Author.

Supply Chain Design 40

Supply Chain Design Optimal Sourcing Supply Chain Optimization Manufacturing Procurement 40

Logichain Solutions

SEPTEMBER 9, 2019

Collaboration between marketing, product development, finance, procurement and supply chain teams saves costs along the value chain and gives your brand a competitive advantage. Transportation. Volume and weight of products drive some of the main costs in transportation. Conclusion. About the Author.

Supply Chain Design 40

Supply Chain Design Optimal Sourcing Supply Chain Optimization Manufacturing Procurement 40

Logichain Solutions

SEPTEMBER 9, 2019

Collaboration between marketing, product development, finance, procurement and supply chain teams saves costs along the value chain and gives your brand a competitive advantage. Transportation Volume and weight of products drive some of the main costs in transportation.

Supply Chain Design 40

Supply Chain Design Optimal Sourcing Supply Chain Optimization Manufacturing Procurement 40

Logichain Solutions

SEPTEMBER 9, 2019

Collaboration between marketing, product development, finance, procurement and supply chain teams saves costs along the value chain and gives your brand a competitive advantage. Transportation Volume and weight of products drive some of the main costs in transportation.

Supply Chain Design 40

Supply Chain Design Optimal Sourcing Supply Chain Optimization Manufacturing Procurement 40

BlueYonder

AUGUST 29, 2019

Case in point: on August 1, President Trump announced new 10% tariffs on $300 billion of mostly consumer goods to take effect September 1. Soon after, realizing the damaging impact on retailers and consumers during the holiday shopping season, he backed the start date off to December 15. Who will be impacted most?

Optimal Sourcing 48

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Supply Chain Matters

JULY 25, 2022

Previous global materials sourcing and just-in-time driven inventory management policies were laid bear with the realization that supply risk was a more problematic and business critical dimension. There were other examples as-well, either in high-tech, medical, consumer goods or other industries. . Mid-Year Assessment.

Sourcing Strategies 59

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