Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Supply Chain Matters

APRIL 28, 2023

Supply Chain Matters provides the second in a multi-part series addressing the renewed importance of production planning and operational excellence in this very uncertain and constantly changing business environment. Refocusing on Operational Excellence In the previous section, we identified a number of drivers for operational efficiency.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Over the last decade the use of Terra Technology’s DS product improved short-term demand forecasts by 37% at 13 consumer products, and food and beverage companies.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Unleashed

MARCH 26, 2023

If you’re running a product business and using Xero for your accounting, you’ll need to implement some form of inventory management. While the platform offers some inventory features of its own, many businesses will require something with greater functionality. Do you need integrated Xero inventory software?

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

Supply Chain Shaman

MARCH 9, 2020

As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods. As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. The reason?

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. The ability to monitor transfers between multiple warehouses provides complete visibility, ensuring efficient inventory management.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Enterra Insights

JUNE 24, 2022

Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.”

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

Supply Chain Shaman

JANUARY 14, 2013

It was a story where people believed that functional excellence leads to supply chain superiority. Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. Ten-year averages – food manufacturing companies. Metrics comparison of Kellogg Co.

Supply Chain Planning Software 259

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 259

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Shaman

FEBRUARY 18, 2013

Pharmaceutical companies are struggling with falling margins and rising inventories. They each lag in their understanding of supply chain excellence, and are now struggling to build effective supply chain teams. In our work with pharmaceutical companies, most executives wince when we mention inventories. What Can We Do?

Pharmaceutical 167

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 167

Supply Chain Shaman

APRIL 27, 2022

Supply chain excellence is easier to say than to explain. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.)

Procurement Analytics 332

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 332

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Read more: The 10 inventory management trends to watch for in 2022 Reverse logistics is another name for a backwards supply chain What steps make up the reverse logistics process?

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Unleashed

FEBRUARY 4, 2024

For retailers, inventory is more than just a list of products: It’s also the mainstay of your retail operations, the source of your revenue, and the foundation of customer satisfaction. Retail inventory management is therefore the key to managing inventory costs and movements effectively. What is retail inventory management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 52

Supply Chain Game Changer

MARCH 26, 2021

It can also assist in determining specific metrics that affect the business. More often than not, the software can also be used for managing spare parts inventory, mechanic training purposes, and most importantly, creating and managing routine maintenance schedules. Build a Fleet Based on Efficiency and Practicality.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 98

Supply Chain Shaman

JANUARY 18, 2016

Customers are buying less. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. Success of New Business Models. Disintermediation. The difference?

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

Supply Chain Shaman

AUGUST 11, 2016

I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. In Agrosciences is the customer the distributor of seed/additives, the farmer or the downstream purchaser of food products? Shown in Figure 1 is a cost-to-serve analysis from the food industry.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

Zipline Logistics

JANUARY 24, 2020

Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. But first, let’s look at the background of OTIF metrics and why they came to be. If unable to find a product in store, consumers are quick to turn their attention online and purchase goods there.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

Supply Chain Shaman

JULY 6, 2020

I started to work at General Foods’ largest plant in Dover, DE, in the summer of 1982 at the age of 24. Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. I loved my job at P&G.

Agile and Lean Supply Chain 287

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 287

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Short cycles require buffer inventories and short lead times. Let me explain. Responsive Supply Chain.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Alloy

OCTOBER 3, 2023

Channel Performance in Walmart Luminate is intended to act as your single-source of truth for sales, inventory and forecast data. Channel Performance in Walmart Luminate gives you a true omni-channel view of sales, whether the purchase is in-store, delivered, shipped to store, picked up, or shipped directly to the customer.

Procurement Analytics 52

Procurement Analytics Analytics Software Forecasting Software Predictive Analytics Software 52

The Lean Supply Chain

JULY 7, 2015

What the key trends in the market, in terms of technology development, platforms used, buying patterns, supplier acquisitions, etc.? RTLS also enables management to monitor yard operations’ key performance indicators (KPIs) based on quantifiable productivity metrics measured by the actions of the yard trucks. WHAT YOU GET.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Modeling Software Demand Planning Software 40

Unleashed

NOVEMBER 26, 2020

How to calculate Safety Stock levels in Excel. You can calculate safety stock levels in Excel by setting up your spreadsheet as per the image below. The safety stock formula can be calculated in Excel with a simple table. Safety stock is a buffer of inventory held to protect against stock-outs. Stock outs and efficiency.

Examples 98

Examples Manufacturing Procurement How To Eliminating Excel in Purchasing 98

Alloy

MARCH 18, 2021

McLane Company is an important customer for many food and beverage brands, who use its supply chain services to get their products to grocery, drug and convenience stores. Visibility improves inventory management and more. That meant McLane didn’t have enough inventory to cover retail positions.

Inventory Reduction 52

Inventory Reduction Alloy Inventory Data 52

Unleashed

MAY 12, 2020

Craft breweries have particular inventory and accounting needs. And I also see that there’s a lot of consolidation going on – larger companies buying smaller ones – and also a pivot to a brewpub model. What are the key KPIs breweries should monitor for operational excellence? Brewery Inventory Turnover.

Manufacturing 72

Manufacturing Data Modeling Software Forecasting Software 72

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. Food Drive-Thru Experiences. Foundational to supply chain excellence is the reliability of delivery, quality, and service. The Sleep Number Story of Supply Chain Excellence.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

Supply Chain Shaman

JUNE 6, 2015

I was an avid student of supply chain excellence; and in this role, I watched as best-of-breed solution after best-of-breed solution replaced with more complicated technology. In food and beverage companies, I think that we are at a supply chain crisis. Consumers do not trust big brand supply chains to deliver healthy food.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

Precoro

FEBRUARY 27, 2023

Streamlines Internal Procedures Spending data analysis sheds light on similar purchases between different departments. It enables them to cooperate even more closely to create fewer purchase orders and get things done faster by grouping multiple items and services into one purchase. Let's learn more about them.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Kinaxis

SEPTEMBER 8, 2014

I was on a call last week with a large company in the food and beverage space that has spent $100s of millions, and many years, on an ERP deployment. They have piloted the process in Excel and know that they need an enterprise level solution for a global roll-out of S&OP. However, excellence in corporate planning matters.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Modeling Software 261

Supply Chain Insights

AUGUST 29, 2017

It matters not what your metric is, you get the same results: too much of our trade spend goes down the drain, doesn’t it? As Willie Degel, founder and CEO of Uncle Jack’s Steakhouses and noted Food Network star says, “If you can’t SEE the problem, you can’t FIX the problem!”.

Supply Chain Planning Software 95

Supply Chain Planning Software Forecasting Software Predictive Analytics Software Modeling Software 95

6 River Systems

JUNE 29, 2020

Consumer demand across many product categories experienced a sudden shift, as well, with demand for essential products like food, cough medicine, disposable gloves and toiletries increasing sharply, while demand for non-essentials like clothing and jewelry declined sharply. ” — Michael Varney and Wil G.

Supply Chain Planning Software 116

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

ThroughPut

MARCH 30, 2020

In fact, in the last 6 weeks alone, I have personally been to the front lines of Yokohama, Milan, New York, and San Francisco , working alongside some of the world’s most professionally-committed food manufacturing & distribution, plastics manufacturing, and industrial operations personnel.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 52

6 River Systems

SEPTEMBER 3, 2019

Generally speaking, order fulfillment encompasses roughly 5 steps for most warehouses : Organization of the warehouse: This doesn’t just mean stacking inventory for space-saving; instead, it’s a SKU-fueled process that should be a strategic one. The merchant selling the product doesn’t actually own or stock inventory.

Cost Reduction Strategies 40

Cost Reduction Strategies Purchasing Skills Inventory Reduction Material Savings 40

6 River Systems

DECEMBER 5, 2019

The modern warehouse is complex, and management must balance a number of factors including software, automation, training and processes such as receiving, picking and inventory management. If half of the orders you get come from 10% of the products you have in the inventory, put these items nearest the entrance of the picking area.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

Material Handling & Logistics

JUNE 25, 2018

Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. So the CSR score too is more of a popularity contest than a consistent metric. Media Image. transactionID. 1a56a7e8-24e3-47af-b890-46fa1a7073fd. households. Media Image. transactionID.

Gartner 81

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 81

6 River Systems

FEBRUARY 25, 2019

I am buying a sheep and goat farm alongside a larger space for a garment factory so that I can control where the cashmere and wool is coming from, how it is processed and how it is manufactured before it is sent to my customers. If you want to optimize your supply chain, the way to do it best isn’t to buy some fancy new machine.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

6 River Systems

APRIL 4, 2019

AI will be able to survey an area or room and create an accurate inventory in seconds, including weights and volumes, and determine damage on items. Mobile apps can generate reports and monitor performance metrics. Companies can accurately forecast demand, timely order raw materials and manage inventory more efficiently.

Logistics Network Optimization Software 76

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 76

ThroughPut

MARCH 30, 2020

In fact, in the last 6 weeks alone, I have personally been to the front lines of Yokohama, Milan, New York, and San Francisco , working alongside some of the world’s most professionally-committed food manufacturing & distribution, plastics manufacturing, and industrial operations personnel.

Manufacturing Procurement 14

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 14