Supply Chain Shaman

JANUARY 2, 2023

(The planning team was defending the status quo without questioning current practices and how to improve them.) The question was, “How can I redefine demand planning processes to use channel data?” Starting to understand the issue with multi-tier demand planning? Models Matter.

Supply and Demand 377

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 377

SupplyPike

APRIL 10, 2020

Learn how to: Keep your logistics on time and prepared Maintain your replenishment goals Properly forecast and redefine your demand plan Use technology to help. Shortages, extreme demand, and panic buying are causing issues up and down supply chains. Suppliers are also seeing issues with shipping companies being overwhelmed.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

Unleashed

JANUARY 10, 2023

Improving supply chain visibility looks like this: Integrating data from your various systems into one centralised location Working with suppliers to increase supply chain transparency Automating data collection, analysis, and reporting Supply chain visibility relies on accurate, synchronised data.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Unleashed

DECEMBER 11, 2022

That’s why, with so many possible variables to track, it’s critical to know which metrics matter most. However, tracking 50 irrelevant warehouse metrics is far less valuable than tracking a few hyper-useful ones. How to improve order lead times: Procure reliable carriers and suppliers.

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 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. … With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts. Data and advanced analytics.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Logility

AUGUST 23, 2016

I have heard a number of supply chain professionals proclaim that their companies should stop forecasting product demand due to poor forecast accuracy. If we could only get closer to true end-customer demand the company could ship exactly what is needed, where and when. Dynamic Models. Supply Chain Talent.

Forecasting 100

Forecasting Forecasting Software Supply and Demand Inventory Reduction 100

SupplyPike

MARCH 23, 2020

The product will have to be shipped from the reserve storage in the supplier’s warehouse to the primary storage in the retailer’s distribution center and then onto the store itself. It’s frustrating having to either purchase a different brand of the product you are looking for or to forgo purchasing the product altogether.

Forecasting Software 52

Forecasting Software Supply Chain Planning Software Forecasting Procurement Analytics 52

Supply Chain Game Changer

MARCH 23, 2021

Is Your Supply Chain A Cost Centre or a Value Creator? These jobs reach far and wide, touching virtually every business process, most metrics, and all functional areas. GET our EBOOK HERE. Supply Chain responsibilities are vast in any organization. New Supplier and Materials Set Up. Customer Order Commitment.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Negotiating Skills 64

Unleashed

JANUARY 14, 2024

It refers to the process of purchasing, storing, and tracking the various goods required to build a product. The goal of manufacturing inventory management is to balance the supply and demand of products and minimise manufacturing costs and waste.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 75

Unleashed

JUNE 7, 2023

Demand forecasting software. Software that analyses your historical sales data at the product level is essential for accurate demand planning. As with hardware, inventory optimisation software should be purchased on an as-needed basis. Can it analyse historical data and produce valuable reports?

Inventory Management Software 52

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

Supply Chain Shaman

AUGUST 26, 2015

Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error. Focus on Sensing using Independent Demand.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

NC State SCRC

NOVEMBER 6, 2017

Ensure that engineers are more aware of how design parts left over at the end of the product life cycle will consume working capital, and train them on these costs. There needs to be a one to one relationship between sales and demand planning to ensure complete transparency and real-time communication. Change sales incentives.

Inventory Reduction 58

Inventory Reduction Forecasting Inventory Supply Chain Design Software 58

Supply Chain Shaman

JULY 22, 2016

When I am asked this question, I go to the whiteboard and draw two hierarchies: one that is market-driven based on channel locations, and one that is supply-centric based on shipping locations. I then ask the client how many demand units they forecast, and we draw the numbers on the hierarchies at each level. It was an ugly color.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

ShipBob

OCTOBER 24, 2022

Demand forecasting helps reduce risks and make efficient financial decisions that impact profit margins, cash flow, allocation of resources, opportunities for expansion, inventory accounting , operating costs, staffing, and overall spend. All strategic and operational plans are formulated around forecasting demand.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

ShipBob

FEBRUARY 26, 2024

It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. Your forecasting process goes through multiple checks and balances, giving you the opportunity to identify deviations and exceptions and create more accurate predictions.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

New Horizon Supply Chain Blog

JUNE 18, 2022

Recently I was part of conversation with a new client demand planning team. For instance, consider a producer of yogurt, ice cream, and other dairy products shipped directly to individual supermarkets using a direct store delivery model. But customers have expectations for when they need orders shipped.

Forecasting 52

Forecasting Supply Chain Planning Scenario Planning Supply and Demand 52

Unleashed

JUNE 23, 2021

Inventory analytics goes mainstream. Accurately plotting costs based on live data. Improving efficiencies with data analytics. Connect IoT tech to your cloud software to input critical real-time data to analytics and other business systems. This means faster shipping times, and lower transport costs.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Unleashed

APRIL 12, 2023

Here are some more differences between B2B and B2C fulfillment: B2B orders cost more to ship, can take longer to reach their destination, and may require specialized handling equipment for loading onto dedicated freight transporters. Conversely, B2C order fulfillment offers rapid, low-cost, and often free, shipping.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Design Software Supply Chain Software 52

RFgen

APRIL 20, 2023

High-performing operations require instant, on-demand access when and where employees need it. The ability to update Oracle Cloud as work occurs is an essential best practice for accurate tracking and reporting. Order Management: picking, wave packing, sales orders, work orders, and ship confirm.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

6 River Systems

DECEMBER 11, 2018

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. At the very least, they should see a message indicating that the products are out of stock before they make the purchase. This is just good customer service.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Unleashed

OCTOBER 5, 2023

Warehouse staff assemble or gather the products, choose appropriate packaging materials, and label the packages with shipping information. This is often done to simplify order fulfilment for products that are frequently purchased together. Shipping Shipping is the final step in the order fulfilment process.

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

ThroughPut

MAY 11, 2021

Growing pains like delayed delivery times, high fulfillment costs, and the inability to find efficient and cost-effective shipping options can be overwhelming. Meeting irregular consumer demands and expectations. One of the biggest challenges that retailers face today is keeping track of the changing consumer demands.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

ThroughPut

MAY 11, 2021

Growing pains like delayed delivery times, high fulfillment costs, and the inability to find efficient and cost-effective shipping options can be overwhelming. Meeting irregular consumer demands and expectations. One of the biggest challenges that retailers face today is keeping track of the changing consumer demands.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

ThroughPut

MAY 11, 2021

Growing pains like delayed delivery times, high fulfillment costs, and the inability to find efficient and cost-effective shipping options can be overwhelming. Meeting irregular consumer demands and expectations. One of the biggest challenges that retailers face today is keeping track of the changing consumer demands.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

6 River Systems

JUNE 29, 2020

“Additionally, a review of reporting procedures can act as a safeguard against corruption throughout operations. All stakeholders who interact with the supply chain should be aware of hotlines and other reporting mechanisms, which should establish a clear path and adequate protections for whistleblowers.”

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Supply Chain Game Changer

NOVEMBER 6, 2018

Consumers are the biggest source of food waste in developed countries as they discard at least 20-30% of what they purchase. And problems in harvesting, quality standards, storage, shipping costs, and handling all create food waste. Everyone in Supply Chain has experienced being asked to improve some metric by 25% or more.

Waste Reduction 59

Waste Reduction Food Supply Chain Planning Software Video 59

Supply Chain Shaman

SEPTEMBER 13, 2021

For example, Distribution Requirements Planning (DRP) has very little to do with Transportation Planning (TMS). Revenue Management and Demand Planning do not align on market potential or baseline demand. Orders do not represent market demand for many reasons that are beyond the scope of this post.)

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Purchasing Skills 195