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. Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. My conclusion?

Supply Chain Design Software 345

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 345

Logistics Viewpoints

JUNE 1, 2023

Retailers know firsthand how quickly the market can change. That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs.

Supply Chain Planning Software 196

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 196

Logility

DECEMBER 15, 2023

This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning. Staying competitive in this intense landscape demands finely tuned operations that are highly efficient and effective – from product concept to customer consumption.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

Supply Chain Shaman

NOVEMBER 15, 2023

PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results. When he speaks of the supply chain, he means procurement. The models are too different to drive a clear signal from sales activity to demand planning in the supply chain.

Supply Chain Planning Software 413

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 413

ToolsGroup

AUGUST 16, 2022

BOSTON – August 17, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been selected by Entertainment Retail Enterprises (ERE) , a leader in the design, manufacture, and distribution of customized retail products including apparel, accessories, and home goods.

ToolsGroup 120

ToolsGroup Agile and Lean Supply Chain Optimal Sourcing Supply Chain Design Software 120

ThroughPut

MARCH 24, 2024

Earlier in the day, demand planning was a guessing game that relied more on intuition, instinct, and inclination. Companies that leveraged the data they collected to enable more accurate demand planning, distinguished themselves from their competitors. Why do you Need Modern Demand Sensing to Solve Modern Problems?

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

BlueYonder

NOVEMBER 10, 2023

The wholesale distribution and manufacturing (WD&M) landscape is entering a new era. AI-infused inventory and order management is the way forward for wholesale distributors and manufacturers hoping to bridge the supply-demand gap and meet and exceed their customers’ new B2B omni-channel expectations.

Manufacturing Procurement 80

Manufacturing Procurement Optimal Sourcing Real-time Visibility Demand Planning Software 80

ToolsGroup

OCTOBER 3, 2022

Retail workers are at the heart of the economy, making the continued retail labor shortage a top challenge for retailers–one that appears here to stay. Get the real story on today’s retail worker shortage, as we break down: Retail Labor Shortage Statistics. The Need for Corporate Retail Talent.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Logility

FEBRUARY 14, 2018

With increasing frequency, I have noticed blog posts touting the position that ‘demand planning is dead.’ Their solution: by sensing and reacting to customer demand at the point of purchase there is no longer a need for projecting demand based on history. ” And so it is with demand planning.

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Supply and Demand Demand Planning Demand Planning Software Supply Chain Planning Software 119

IQMS

MARCH 27, 2020

The COVID-19 pandemic has pushed manufacturers to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supply chains. In the process, it has highlighted an aspect of manufacturing ERP that is not as visible in more normal times— business continuity.

Manufacturing Procurement 64

Manufacturing Procurement Manufacturing Supply Chain Planning Software Demand Planning Software 64

ThroughPut

MAY 5, 2020

Manufacturers usually define supply chain costs using the total cost of ownership. The total cost of ownership is defined as the combination of the purchase or acquisition price of a good or service. Most manufacturers aim at creating the most optimum supply chain for their organizations. Supply chain costs analysis.

Cost Reduction Strategies 64

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 64

Unleashed

FEBRUARY 1, 2023

The onset of COVID and the rapidly changing environment of a pandemic-hit world has meant demand planning has become more difficult – and as a result, more critical – than ever. What is demand planning? Demand planning is the process of predicting what customer demand will be for a certain product.

Supply and Demand 52

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

Logistics Viewpoints

DECEMBER 15, 2022

The retail industry is rich with data. Four Ways of Using Cluster Analysis in Retail. Retailers can apply cluster analysis techniques in different ways to find groups of customers, products, stores, or suppliers that behave similarly. Traditionally, this has been done by ranking the products based on sales performance.

Optimal Sourcing 196

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 196

Logistics Viewpoints

APRIL 10, 2023

Without an efficient supply chain, a company can’t meet the demand that exists, and competitors swoop in and grab market share. Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. 25% of the products are purchased and then kitted by the company.

Security 201

Security Supply Chain Planning Jordan Forecasting 201

ToolsGroup

MAY 18, 2022

In total, approximately 40% of retailers in the United States are out of stock as of mid-May. Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. This made it incredibly difficult for manufacturers to accurately gauge the market size for production.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Pricing Training Purchasing Skills 156

Logistics Viewpoints

AUGUST 22, 2023

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. Co-Pack Planning and Execution: What is the impact on shippers and MOD?

Real-time Visibility 189

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 189

ThroughPut

MAY 5, 2020

Manufacturers usually define supply chain costs using the total cost of ownership. The total cost of ownership is defined as the combination of the purchase or acquisition price of a good or service. Most manufacturers aim at creating the most optimum supply chain for their organizations. Supply chain costs analysis.

Cost Reduction Strategies 52

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 52

ThroughPut

MAY 5, 2020

Manufacturers usually define supply chain costs using the total cost of ownership. The total cost of ownership is defined as the combination of the purchase or acquisition price of a good or service. Most manufacturers aim at creating the most optimum supply chain for their organizations. Supply chain costs analysis.

Cost Reduction Strategies 52

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 52

ThroughPut

JULY 6, 2021

Thriving In ‘The New Normal’ With 5 Demand Planning & Forecasting Methods. Do you remember the time when the COVID-19 pandemic lockdowns were announced across the world, followed by the panic purchase of essentials to the point where supermarkets and grocery stores were left with empty shelves?

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

Logistics Viewpoints

JUNE 20, 2022

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

Agile and Lean Supply Chain 215

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 215

Oracle SCM

NOVEMBER 18, 2016

Every year during the holidays, anxiety hits shoppers, retailers, and manufacturers alike about whether the season’s hottest products will face shortages. For manufacturers, at least, it doesn’t have to be this way. Partner for Manufacturing Flexibility. Media hype and marketing efforts have paid off.

Manufacturing Procurement 60

Manufacturing Procurement Manufacturing Supply Chain Planning Software Procurement Solutions 60

Precoro

NOVEMBER 7, 2022

In order to run a successful business, you need a dedicated procurement team to obtain these essential goods and services, ensure timely delivery, and nurture good relationships with your vendors. Paying for offices, utilities, technology subscriptions, and cleaning services is also part of the procurement team's responsibility.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

SCMDOJO

JUNE 21, 2023

SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 92

DynaSys

AUGUST 19, 2021

You’ve decided to implement a demand plan and now it’s time to outline roles and responsibilities. Demand planning bridges the function between commerce and supply chain, so the question of roles and responsibilities isn’t a surprising one. Firstly, a demand planner should have a view of the inventor flow.

Supply and Demand 52

Supply and Demand Demand Planning Modeling Supply Chain Planning 52

Logility

OCTOBER 17, 2017

However, on a recent trip to a mega grocery store I started meandering up and down aisles looking at the variety of both national and store brand products available for purchase. Some private label manufacturers leverage point-of-sale (POS) data provided by the retailer.

Modeling 200

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Optimization 200

Alloy

FEBRUARY 23, 2022

Demand planning is a process just about every consumer goods company performs to keep their supply chain operation running smoothly. After all, revenue will be lost either because of empty shelves or due to overproduction and excess inventory if demand plans are wildly inaccurate. Real-time POS data.

Supply and Demand 52

Supply and Demand Consumer Goods Demand Planning Supply Chain Planning Software 52

ToolsGroup

FEBRUARY 23, 2023

With ToolsGroup’s suite of planning solutions, the cosmetic company wants to balance inventories and service to make better, smarter and faster decisions within its supply chain network. Learn more about ToolsGroup’s automated Demand Planning and Forecasting technology.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Optimal Sourcing 156

Supply Chain Shaman

DECEMBER 28, 2020

The first story is about a large regional food manufacturer. They are now on their third implementation of supply chain planning. So to put the team at ease, I spoke, “Let’s test your demand planning model to see if you can be successful with your current approach.” Let’s Be Customer Centric.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

ToolsGroup

NOVEMBER 23, 2021

As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. Retailers who create a waitlist for their high-end products may leverage shortages to their advantage, using exclusivity to justify higher prices.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

ThroughPut

AUGUST 24, 2021

Earlier in the day, demand planning was a guessing game that relied more on intuition, instinct, and inclination. Companies that leveraged the data they collected to enable more accurate demand planning, distinguished themselves from their competitors. Why do you need new-age demand sensing to solve modern problems?

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

Supply Chain Shaman

NOVEMBER 15, 2021

Retail shelves are increasingly empty. While we will recover quickly in retail (moving from painful shortages to a glut of inventory), the chemical industry–sitting four and five layers back in the supply chain–takes longer to recover. In parallel, inflation, currently at 6%, is climbing. We are to blame.”

Supply Chain Design Software 315

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 315

SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. Planning ensures that resources are allocated effectively and that production and distribution meet customer demand.

Supply Chain Planning Software 85

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 85

Logility

FEBRUARY 13, 2020

Here are some examples of appropriate data sources for building a better short term, demand-sensitive forecast: Internal sources. External sources. For Logility, demand sensing resides inside the demand planning process. In fact, demand sensing uses the consensus demand plan as an input.

Supply and Demand 175

Supply and Demand Optimal Sourcing Forecasting Inventory Reduction 175

Logility

SEPTEMBER 19, 2022

Sales remain strong, but producers, importers, and retailers are all scrambling to stock the most popular releases, particularly during holiday seasons. Better long-term planning, supply planning, and just-in-time logistics are essential to address beverage industry supply chain challenges. And there’s no end in sight. . •

Beverage 130

Beverage Supply Chain Planning Software Agile and Lean Supply Chain Optimal Sourcing 130

ThroughPut

MAY 16, 2024

Powered by data analytics and advanced technologies, every stage of the supply chain can be critically analyzed, starting from procurement to distribution to identify and prioritize improvement opportunities. This opens up avenues to save procurement, transportation, inventory, and warehousing costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

Supply Chain Shaman

APRIL 30, 2020

During the pandemic, demand fell, and it was now available. The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. However, supply chain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm.

Supply Chain Design Software 367

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 367

Supply Chain Shaman

JULY 12, 2022

To make the point, let us start with a discussion on Consumer Products manufacturing. P&G lacks a tactical supply plan to manage load across factories and contract manufacturing to effectively communicate to suppliers and underperforms on ROIC. Imagine the downturn in growth in broad line retail and the pressure on margins.

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Supply and Demand Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 221