Supply Chain Shaman

NOVEMBER 21, 2023

My client attempted to have a supply chain discussion to improve flow, and his executive group just did not get it. I worked three layers down in the organization for a well-established leader in manufacturing named Dan. Fred owned logistics and customer service for the organization. Sometimes, this is a tough discussion.

Supply Chain Planning Software 343

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 343

RFgen

MARCH 7, 2019

Key Takeaways: Just in Time Manufacturing was designed to improve the manufacturing and the supply chain processes. Lean manufacturing emphasizes customer desires. A strong tracking solution for materials and assets is the cornerstone to JIT and lean manufacturing. What Does ‘Lean’ Mean?

Just-in-Time 52

Just-in-Time Agile and Lean Supply Chain Lean Manufacturing 52

Logility

AUGUST 17, 2021

Managing consumer packaged goods inventory is challenging at the best of times, and it can be debilitating during times of local or international disruption. An advanced inventory planning and optimization solution allows these companies to set and maintain precise stock targets across a global network.

Modeling 130

Modeling Inventory Reduction Supply Chain Optimization Packaging 130

Logistics Viewpoints

APRIL 29, 2024

Ferguson provides plumbing and heating products to 9 specialist customer groups – over a million customers – in the US and Canada. Michael Jacobs “Well, the last time we spoke, we had just begun our journey with our market distribution center (MDC) strategy. Ferguson has an extensive and complex supply chain.

Supply Chain Design Software 226

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Optimization 226

Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Background The Council of Supply Chain Resilience met for the first time this month. Here I share some insights from my research. The reason? My conclusion?

Supply Chain Design Software 320

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 320

BlueYonder

FEBRUARY 14, 2023

The following are the insights gained from my discussion with Sunil Roy , who leads Blue Yonder’s Industrial Manufacturing Industry Strategy, during a recent Blue Yonder Live and executive customer events that we prepared for jointly. What are the key trends you are seeing in your engagements with customer executives?

Manufacturing Procurement 130

Manufacturing Procurement Material Savings Inventory Reduction Cost Reduction Strategies 130

SYSPRO Smarter ERP

DECEMBER 13, 2021

Inventory management was moving towards a just-in-time approach until the supply disruptions of the last year. Now there are forces arguing for a return to a just-in-case approach. Why inventory management is important. Active inventory management is a major contributor to manufacturing success.

Inventory Management Software 122

Inventory Management Software Inventory Management Inventory Reduction Sourcing Strategies 122

Supply Chain Shaman

JANUARY 9, 2024

Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. An average margin of 21% with inventory turns of 1.58 I admit it.

Supply Chain Planning Software 300

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 300

Unleashed

MAY 7, 2024

Sustainable manufacturing is about product creation that doesn’t deplete natural resources or harm the environment. Implementing sustainable practices in your manufacturing operations not only protects valuable resources but can lead to financial savings and increased brand reputation. What is sustainable manufacturing?

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

ToolsGroup

JUNE 8, 2018

Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value. Lots of margin.

Modeling 197

Modeling Optimal Sourcing Inventory Reduction Demand Planning Software 197

ToolsGroup

JANUARY 7, 2020

I think it’s time we started spreading the good news: when you harness demand and inventory planning to slash unnecessary expenses and improve service to customers, you also reduce waste and support sustainability. Having the right inventory in the right location brings a variety of waste-reduction benefits.

Inventory Reduction 194

Inventory Reduction Supply Chain Planning Software Waste Reduction Vendor Strategies 194

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Forecasting 105

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 105

Supply Chain Shaman

DECEMBER 28, 2020

We had just recovered from a recession, and my goal was to help supply chain leaders create a better supply chain by the end of the decade. At that time, Supply Chain 2020 seemed so far away. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns.

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

Unleashed

MAY 15, 2023

Wholesalers and manufacturers need effective B2B strategies to sustain business growth and beat the competition. From targeted email campaigns to inventory management integrations, we’ll outline how you can develop strong B2B CRM strategies to improve business performance and achieve predictable growth. What is a B2B CRM?

Inventory Reduction 105

Inventory Reduction Sourcing Strategies Waste Reduction Manufacturing Procurement 105

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 98

Clear Spider

MARCH 21, 2024

In the age of technology, the message to customers and businesses everywhere is loud and clear: sky’s the limit. AI inventory solutions create more powerful and adaptive supply chains. In today’s fast-paced world, simple, reactive supply chains just won’t cut it. AI tools help businesses respond in times of crisis.

Inventory Reduction 52

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

Unleashed

JANUARY 3, 2023

As a manufacturer, a lot of businesses and customers rely on you to get things done on time. But when your cash is locked wages, managing inventory , lines of credit, and other costs, it can slow down productivity – even bring it to a standstill.

Manufacturing Procurement 96

Manufacturing Procurement Material Savings Expense Reduction Inventory Reduction 96

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Talking Logistics

SEPTEMBER 4, 2018

What is Inventory Management? For Sales it’s about product availability at all times. For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns. For Logistics the focus is on high inventory turns. What does it mean for inventory?

Inventory Reduction 116

Inventory Reduction Inventory Management Software Logistics Network Optimization Software Inventory Management 116

Supply Chain Shaman

SEPTEMBER 13, 2023

Given your expertise, I’d love to hear what alternatives you recommend for better demand forecasting and real-time visibility beyond what’s commonly adopted today.” If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth?

Supply and Demand 389

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 389

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

QAD

JULY 1, 2021

What are Total Manufacturing Costs? Your total manufacturing costs are essentially an expense analysis that calculates how each of your company’s departments contributed to producing a finalized product. This looks at all stages of the manufacturing process from raw materials to work-in-progress to final result.

Manufacturing Procurement 88

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 88

SYSPRO Smarter ERP

MARCH 31, 2022

Just about every supply chain will be affected by this crisis, for example, with fuel prices surging although there is no shortage yet, there’s risk in supply and shipping routes being cancelled or diverted. With digital technologies, organisations can use data to maximise visibility into demand, inventory, capacity, supply, and finances.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software 105

Logistics Viewpoints

APRIL 10, 2023

Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. The timing was not great. Jennings’ name.

Security 198

Security Supply Chain Planning Jordan Forecasting 198

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? In other words, it will be different for every enterprise or organisation.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

QAD

JUNE 25, 2019

The effective use of a manufacturer’s inventory investment is an important determinant of the company’s success. Excess and obsolete inventory is a drain on resources, as is excessive safety stock. Managing an Inventory Investment. Managing an Inventory Investment.

Procurement Analytics 104

Procurement Analytics Metrics Inventory Reduction Inventory 104

Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. It gives you the accurate data you need to make the best decisions for your brand, and positions you to meet customer expectations while reducing the cost of doing business. What is inventory tracking?

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

Kinaxis

AUGUST 18, 2017

by Alexa Cheater Don’t get caught having your company’s inventory management conversation alone! Making the most of one of your company’s largest assets means bringing together everyone involved from the manufacturing floor to the corner office, and focusing on more than just what’s in your warehouse.

Inventory Management 147

Inventory Management Inventory Reduction Inventory Company 147

Enterra Insights

JANUARY 14, 2022

Consumer packaged goods (CPG) manufacturers and their end-customers constantly engage in a complicated dance that has no choreographed steps. Sometimes CPG manufacturers take the lead and sometimes consumers take the lead. When retailers join in — which is most of the time — dance steps become even more complex.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

QAD

APRIL 19, 2022

2022 Predictions for CPG Manufacturing. Consumer Packaged Goods and Food & Beverage manufacturers continue to face these pressures and more. Manufacturers and processors redesigned how they introduced new products during the pandemic and how quickly, meeting consumer demands for sustainable, health-conscious products.

Manufacturing 96

Manufacturing Predictive Analytics Software Supply Chain Planning Software Beverage 96

Logistics Viewpoints

MAY 8, 2023

Traditionally, planning processes are designed to serve specific time horizons – sales & operations execution (S&OE) is used for short term horizon, sales & operations planning (S&OP) for the mid-term horizon, and integrated business planning (IBP) for long term strategic horizon. This is known as the “black box” problem.

Supply Chain Planning Software 196

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 196

Supply Chain Shaman

OCTOBER 13, 2022

I brace myself for a late flight for a 2:00 AM arrival as the clock ticks-an echo of time lost. The larger the organizational alignment issues, the longer the decision-making time. Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. The reason?

Supply Chain Planning Software 219

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 219

RFgen

MAY 10, 2023

The ability to control costs is critical for effective inventory management. Regaining control over your inventory can make your warehouse and shop floor more efficient. But how do you reduce inventory costs and maximize profit margins? Cutting Costs: Strategies for Reducing Inventory Costs 1. or higher.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Reduction Vendor Strategies 52

Logistics Viewpoints

DECEMBER 12, 2022

Neither of the customers highlighted in this article fall into that category. Supply chain planning is not just for the big boys. This manufacturer produces plastic reusable material handling containers and plastic fuel tanks. This manufacturer produces plastic reusable material handling containers and plastic fuel tanks.

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

RFgen

FEBRUARY 17, 2023

KEY TAKEAWAYS: Just in Time Manufacturing is a business-centric approach focused on efficiency. Lean manufacturing emphasizes customer desires. Each type prioritizes the elimination of waste, improved efficiencies, and a focus on customer value. Although often used as synonyms, they differ significantly.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 52

RFgen

JUNE 16, 2023

Ultimately, customer service declines. And automated inventory management may hold the key. Intelligent software solutions can automate inventory management processes like order picking and fulfillment to remove human error and manual tasks. Why Bother with Automation? No more blind spots, no more guessing games.

Inventory Management Software 74

Inventory Management Software Supply Chain Software Inventory Reduction Inventory Management 74

SCMDOJO

APRIL 29, 2024

Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.

Supply Chain Planning Software 83

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 83