SCMDOJO

MARCH 19, 2024

This includes implementing lean manufacturing principles and utilizing advanced planning software, so businesses can optimize production processes and minimize waste. Demand Planning and Inventory management Inventory management is crucial for ensuring adequate stock levels and minimizing carrying costs.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Shaman

MARCH 21, 2024

The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. The answer is not as simple as connecting Customer Relationship Management (CRM) to Advanced Planning (APS).

Inventory Reduction 389

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 389

Logility

MARCH 6, 2020

Stakeholders who care about forecasting in demand planning care about accuracy, and usually will not accept a new forecasting method unless it is rigorously validated against known forecasting benchmarks with proven accuracy. In this way, forecast accuracy trends can be leveraged in adjusting demand planning.

Forecasting 260

Forecasting Supply and Demand Forecasting Software Modeling 260

Logility

AUGUST 25, 2020

Poorly implemented demand planning software mis-forecasts demand for branded sneakers. Demand planning systems unable to forecast demand-slowing associated with economic meltdown. Warehousing and transportation costs. A few of the most infamous are listed below. The common thread? Tri-Valley Growers.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

BlueYonder

APRIL 5, 2017

What your demand planning organization does is key to where it sits and how it needs to be structured. What follows is a high-level look at the processes that a robust demand planning function supports. Demand Planning Supported Processes. And producing the demand plan is a combination of science and art.

Supply and Demand 57

Supply and Demand Demand Planning Groups Supply Chain Planning Software 57

SYSPRO Smarter ERP

APRIL 24, 2023

This process involves multiple stages, including receiving the order, getting parts and materials, manufacturing or assembling the items, picking and packing in the warehouse, shipping, and tracking the shipment to ensure successful delivery. Demand Planning — optimal fulfilment can be more easily achieved if the demand is planned for.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. A stuffed warehouse is inefficient, and most companies have the wrong inventories.). Closed Loop.

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

BlueYonder

APRIL 9, 2024

This includes demand planning, volume assessments at a granular level, knowing where best to source from to meet omni-channel demand, where to then position inventory based on known demand and where customers are located, and, of course, how best to then fulfill orders and to optimize the last mile.

Optimal Sourcing 100

Optimal Sourcing Sustainability Material Savings Waste Reduction 100

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. Effective Distribution Operations require careful planning, coordination, and execution to ensure that products reach their intended destinations in a timely and cost-effectively. Logistics KPI Dashboard Excel Template 4.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

Stord

APRIL 24, 2024

This influence will be evident in improved demand forecasting , enhanced last-mile delivery through autonomous vehicles and drones, and streamlined warehouse operations with AI-driven robotics. Additionally, this technology will make demand planning & forecasting more accurate.

Supply Chain Planning Software 88

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Predictive Analytics Software 88

Logistics Viewpoints

OCTOBER 25, 2021

Longbow Advantage’s main business has been doing warehouse management system (WMS) implementations. Here “near real-time” is defined as a refresh of key metrics every five minutes. A few years ago, Longbow’s customers started to ask them to fix a problem they were having with their warehouse management systems.

Real-time Visibility 173

Real-time Visibility Analytics Software Supply Chain Planning Software Demand Planning Software 173

Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health’s senior vice president of global logistics, said of their implementation of the Kinaxis’ supply chain planning (SCP) solution, “I was scared! Pete Bennett, and his co-presenter, Mary Byrne, the vice president of supply and demand planning, spoke during a presentation at Kinaxis’ user conference Kinexions.

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

BlueYonder

APRIL 5, 2017

What your demand planning organization does is key to where it sits and how it needs to be structured. What follows is a high-level look at the processes that a robust demand planning function supports. Demand Planning Supported Processes. And producing the demand plan is a combination of science and art.

Supply and Demand 40

Supply and Demand Demand Planning Groups Supply Chain Planning Software 40

Logistics Viewpoints

FEBRUARY 21, 2022

The primary payback for demand and supply solutions comes in the form of reducing the amount of raw material, work-in-process, and finished goods inventory a company needs to carry. A network design model figures out where factories and warehouses should be located. There are different types of supply chain planning solutions.

Supply Chain Planning Software 257

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 257

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

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? Demand is a tough subject.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

6 River Systems

AUGUST 19, 2020

Quantifiable performance indicators were always considered key metrics by supply chain executives. Automate warehouses and distribution centers Warehousing is one of the important drivers of cost in the retail supply chain. A lot of manpower, machines and systems are involved in the operation of a warehouse.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 59

crisp

SEPTEMBER 27, 2022

From demand planning to execution, Crisp’s CPG experts offer everything brands need to know for a successful holiday season (and the common mistakes to avoid). Create a demand plan. The first step to a successful holiday season is developing a demand plan months in advance. Communicate with retailers.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Scenario Planning Supply and Demand 52

BlueYonder

NOVEMBER 15, 2021

When the new plan is defined, it’s automatically and instantly communicated downstream to key stakeholders. Warehouse and labor management. This work is rescheduled to reflect the new supply plan. This work is rescheduled to reflect the new supply plan. Demand planning.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 82

ToolsGroup

SEPTEMBER 25, 2019

Sixty-three percent of respondents said they would look for reduced cost as an outcome of planning digitization, 54% said improved service levels, and 42% are seeking faster delivery. Visit www.ToolsGroup.com and follow us on Twitter @ToolsGroup.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

AFFLINK

JANUARY 3, 2018

One of the best ways to understand how supply chain management performs is by measuring and keeping tabs on the metrics of the process. Tracking these numbers and comparing them with previous performance will show companies areas that require improvement.

Supply Chain Optimization 83

Supply Chain Optimization Optimization Software Network Optimization Supply Chain Planning Software 83

ToolsGroup

MAY 4, 2020

We benchmark ourselves against the leaders in our industry on a monthly basis and we are constantly beating their forecast accuracy metrics. We truly have best-in-class demand planning teams, processes and tools. With ToolsGroup, the company can see all inventory by warehouse, location and item, in near real time.

Supply Chain Planning Software 120

Supply Chain Planning Software Modeling Supply Chain Disruption Supply Chain Software 120

ThroughPut

OCTOBER 7, 2022

Step Up Demand Planning Efforts with a Robust Forecasting Model . Infact, according to McKinsey , applying AI-driven demand forecasting to supply chain management can cut down errors by 20-50% and this helps reduce lost sales by 65%. Further, warehousing costs can fall by 5-10%. A definite “no-no” for demand planners.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

Unleashed

JANUARY 10, 2023

Or, if you’re a middle-man retailer or wholesaler, how you manage your warehouse. Supply chain planning strategies Supply chain planning can be tackled all at once or piecemeal depending on the size of your team. Either way, the first thing you should do is establish metrics and KPIs.

Supply Chain Planning Software 52

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

Logistics Viewpoints

JUNE 26, 2023

The goal of an SCP implementation was to effectively balance demand and supply. Here, Mars Wrigley leveraged using Kinaxis for both demand and supply planning. Kinaxis is a proponent of using network planners for both supply and demand planning rather than having the planners operate in silos.

Supply Chain Planning Software 207

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

New Horizon Supply Chain Blog

AUGUST 30, 2023

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Supply Chain Shaman

JULY 30, 2022

The problem is that warehouses are full. As defined by conventional thinking, a supply-centric process cannot respond to heightened demand variability. Demand plans focused on understanding market flows and decreasing latency. Cash-to-Cash: Days of Accounts Receivable + Days of Inventory-Days of Accounts Payable.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Unleashed

OCTOBER 16, 2023

Effective inventory planning is essential to ensure you have the right inventory quantities to keep your operations running smoothly. Demand forecasting tools , accurate inventory reporting and an optimised warehouse layout can all help improve your inventory planning.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Logistics Viewpoints

JUNE 1, 2023

The evolution towards autonomous planning has gained speed over the last two years, and we already see businesses moving from human-in-the-loop decision-making to fully autonomous decisions on daily operational plans such as store replenishment, warehouse procurement, transportation planning, production planning, and order fulfillment.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

6 River Systems

JULY 21, 2020

It is a crucial step in supply chain management to estimate the demand for the product as accurately as possible. 36% of supply chain executives acknowledge that balancing supply and demand and managing inventory accordingly is the top priority for them. Demand planning cannot be undertaken by the supply chain acting as a silo.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Modeling 52

Unleashed

JUNE 7, 2023

Manual inventory control tasks are automated with the help of software tools and warehousing equipment. Demand forecasting software. Software that analyses your historical sales data at the product level is essential for accurate demand planning. With greater visibility into the metrics, a company can go forward.”

Inventory Management Software 52

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

Unleashed

JULY 2, 2023

Days Inventory Outstanding (DIO) is a fundamental inventory metric for measuring efficiency and liquidity inside a product business. Days Inventory Outstanding (DIO) is a liquidity metric which measures the average number of days inventory is held in a business before it is sold. What is Days Inventory Outstanding?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

SCMDOJO

APRIL 29, 2024

Warehousing: Warehousing involves the storage and management of inventory. Effective warehousing strategies ensure that goods are properly stored, organized, and readily available for distribution when needed. KPIs provide quantifiable metrics that reflect the performance and efficiency of various supply chain processes.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 52

ThroughPut

SEPTEMBER 29, 2022

Dual Cascading Waterfalls: This graph compares the contributions of each area of impact on the net profit metric to assimilate all the interrelationships and dependencies that are an inherent part of the modern supply chain. Key Financial Capabilities. ThroughPut.ai

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Resource Reduction Inventory Reduction 52

Supply Chain Game Changer

MARCH 23, 2021

These jobs reach far and wide, touching virtually every business process, most metrics, and all functional areas. Warehouse Order Fulfillment. When customer or channel orders are received and delivery dates committed it is often incumbent on the Warehouse, Distribution Centre, or perhaps another channel, to fulfill those orders.

Supply Chain Planning Software 64

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

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. It is important for the executive team to be aligned in the strategic and tactical planning processes to enable seamless planning by functions. Metrics Alignment. They lack cohesion.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 278

New Horizon Supply Chain Blog

JULY 15, 2022

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52