Vanguard Software

SEPTEMBER 7, 2021

Processes that were running efficiently just two years ago must now be re-evaluated and re-engineered for a more dynamic and uncertain world to improve efficiencies, better the bottom line, forecast accurately, and keep customers satisfied. So, too must we re-evaluate what it means to have a lean supply chain. Download eBook.

Supply Chain Planning Software 52

Supply Chain Planning Software Agile and Lean Supply Chain Predictive Analytics Software Demand Planning Software 52

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. It’s the narrative.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

BlueYonder

OCTOBER 6, 2023

Short-term visibility at the Purchase Order/ASN level is insufficient. OEMs and Tier 1 suppliers should consider long-term forecast collaboration and capacity cooperation with their Tier-n suppliers. Strategies like production postponement and risk pooling exemplify how lean and resilient practices can complement each other.

Waste Reduction 81

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 81

Demand Solutions

MAY 25, 2020

Demand forecasting is one of the most important business activities. Poor demand forecasting leads to businesses making purchases of products that they can’t move, or buying too little product and being unable to meet customer demand, potentially putting their business at risk. Use Surveys To Forecast Demand.

Forecasting 100

Forecasting Forecasting Software Demand Planning Software Modeling 100

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. Excelling in online selling and logistics may convince your customers that your service is still the most cost-effective and efficient.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

SCMDOJO

MARCH 19, 2024

This includes implementing lean manufacturing principles and utilizing advanced planning software, so businesses can optimize production processes and minimize waste. This includes providing excellent customer service, so businesses can enhance customer satisfaction and loyalty. Enroll Now!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

RELEX Solutions

NOVEMBER 7, 2017

Fresh Forecasting & Replenishment: Running an Efficient Omnichannel Grocery Retail Operation. Accurate forecasting is at the core of increased operational efficiency as it is key to accurately match resources, such as stock and personnel, with demand. Forecasting for Different Sales and Fulfillment Channels.

Forecasting 28

Forecasting Sourcing Strategies Forecasting Software Optimal Sourcing 28

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. 2) Market-Driven Forecasting. Bio-engineering? Customization?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. It was an early morning. I cradled my cup of tea in my hand.

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186

ThroughPut

OCTOBER 16, 2022

Inventory optimization aims at arriving at the right amount of inventory that is sufficient to meet present and future forecasted demand. DEMAND FORECASTING. Accurate demand forecasting is an important element of supply chain inventory optimization solutions. DEMAND FORECASTING CHALLENGES. INVENTORY STRATEGY.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Supply Chain Opz

NOVEMBER 9, 2014

That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations. Aggregate forecasts are more accurate than individual forecasts.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

OptiProERP

MARCH 16, 2022

Also, you cannot easily forecast with spreadsheets because you need to look at historical information. That isn’t something you can quickly pull together for analysis using Excel or Google sheets. Inability to Forecast. Accurate Forecasting. With multiple locations, the situation is even more challenging.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Optimal Sourcing Manufacturing Procurement 52

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Game Changer

JANUARY 19, 2022

This way, your supply chain will be as cost-effective and lean as possible. If you have a lean supply chain where you’re ordering small quantities only, it might not be efficient to run a global supply chain with suppliers halfway across the globe. Improve Your Supplier Relationships. Use Demand Planning.

Vendor Strategies 109

Vendor Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 109

ThroughPut

JUNE 4, 2020

Demand forecasting. Accurate demand forecasting is an important element of inventory optimization. Demand and Supply chain forecasting can be done in several ways depending on the kind of products or services involved, the product life cycle, and the industry being catered to. Demand forecasting challenges.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

Demand forecasting. Accurate demand forecasting is an important element of inventory optimization. Demand and Supply chain forecasting can be done in several ways depending on the kind of products or services involved, the product life cycle, and the industry being catered to. Demand forecasting challenges.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

NOVEMBER 12, 2020

Dearth of continuous improvement to drive for excellence in warehouse operations Scarcity of end-to-end perspectives in processes, costs, or external supply chain interfaces. Lean warehousing. Lean warehousing is a holistic concept aimed at tackling improvement opportunities across the supply value chain.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

GlobalTranz

FEBRUARY 2, 2015

No Purchase Orders were used. One of these trends deals with utilizing the latest inventory management techniques to manage customers to “lean”. VMI is an excellent option for many dealers and distributors as it has the ability to increase inventory turns, reduce customer returns, reduce administrative costs and reduce lost sales.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

The Supply Chainer Report

AUGUST 27, 2018

Therefore, it makes a lot of sense that any tool at Gemba (following Lean principles) should be clear and simple. Forecast projection of number of nappies that we will need in the future months. After doing a lot of research, the best approach for buying most of the Baby things is a economy of scale. Infinite thanks to my wife.

Supply Chain Planning Software 40

Supply Chain Planning Software Agile and Lean Supply Chain Supply and Demand Supply Chain Software 40

SCMDOJO

APRIL 4, 2023

As a result, these analytics help companies achieve a lean supply chain, prepare for the future, and better understand risks. Predictive analytics: Predictive analytics is a data-driven approach to forecasting and predicting future supply chain events, including demand for a product or potential delays in shipments.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Kinaxis

SEPTEMBER 27, 2017

Tailor your supply chain to cater to diverse businesses: In his keynote, Mourad Tamoud, EVP of Global Supply Chain Operations of Schneider Electric talked about how they are segmenting their supply network based on their customer personas and purchasing behaviors. Collaborative. It is a simple truth, but easy to forget.

Gartner 117

Gartner Pharmaceutical Agile and Lean Supply Chain Supply Chain Execution 117

Supply Chain Movement

JUNE 11, 2014

Thirdly I have set up global raw material supply (GMS), a supply entity that consolidates CAN’s global purchase orders and global vendors to plan and deliver raw materials for our manufacturing sites. Our buyers are purchasing micro ingredients, such as vitamins, additives, minerals, etc. All three should be in balance.”.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. This is particularly so because systems to track supply forecasts and flows are becoming more and more sophisticated. Purchasing Agent. Sea Change—A Supply Chain Career is now seen as ‘Cool’.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Arkieva

JUNE 21, 2016

How to ensure their buy-in? You can talk about using lean and operational excellence to improve the make process, about strategic sourcing and supplier development to improve the source process, or about multi-modal and real time tracking to improve the deliver process. Many companies try to run their supply chains on Excel.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Planning 64

Locus

DECEMBER 23, 2022

Not only this, 62% of online shoppers in the US say delivery speed is what makes for a good purchase experience. But even with this knowledge, what’s stopping retailers and e-commerce companies from providing excellent delivery experiences to their customers? percent in North America in 2022.

Analytics Software 52

Analytics Software Retail Supply Chain Planning Software Demand Planning Software 52

Silvon Software

APRIL 18, 2024

These tools enable organizations to quickly turn insights into actions with strong stakeholder buy-in while accelerating the execution of strategies across the business and the attainment of an organizations’ objectives. For example, using forecasting models to predict quarterly sales and adjust marketing spend accordingly.

Manufacturing Procurement 58

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 58

Talking Logistics

JUNE 30, 2015

Smaller companies have lean shipping departments and are often focused on moving product with little time and energy remaining to negotiate contracts and analyze freight spend. It is easy to understand why strategy is often set aside to meet immediate needs of getting product shipped out the door. Be demand driven. He currently serves as Sr.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. Competitive advantage: When it comes to making a purchase , customers usually have several options to choose from.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Unleashed

NOVEMBER 28, 2022

Inventory replenishment is the process of purchasing the goods, components, and raw materials needed to build and sell products. Inventory replenishment involves negotiating bulk-buying discounts and considering seasonal changes to cost. Bulk buying can also provide leverage for discounted delivery costs. Let’s break these down.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 98

Supply Chain Shaman

JANUARY 15, 2022

As we walked, I reflected and kept asking Scott, “How can we optimize outcomes if companies are not clear on what defines excellence?” Sean strongly believed that the sales group knew what the customers wanted and that tight supply chain integration to sales information would drive excellent results. Fred believed in lean processes.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Software Modeling 195

Supply Chain Shaman

JANUARY 15, 2022

As we walked, I reflected and kept asking Scott, “How can we optimize outcomes if companies are not clear on what defines excellence?” Sean strongly believed that the sales group knew what the customers wanted and that tight supply chain integration to sales information would drive excellent results. Fred believed in lean processes.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Software Modeling 195

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck with inputs from the traditional processes of collaborative forecasting, and traditional definitions of demand planning, demand error and bias are high. These traditional forecasting processes perpetuate the Bullwhip Effect, amplifying and distorting channel pulls. The reason? The process is flawed.

Supply and Demand 150

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

Infosys Supply Chain Management

JANUARY 18, 2018

It means lean team for support, no complex integrations for high volume transactions (Issues, Returns) with ERP System, faster implementations, less training and less licensing cost. As much Maximo has been famous for its WAM capabilities, it was also known for its limited Supply Chain capabilities especially till version 6 and 7.1.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain 0

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

SupplyOn

JULY 17, 2018

In other words, from the digital purchase order, via the digital confirmation, all the way through to the digital invoice. Markus Quicken, SupplyOn AG: P2P is more than just a lean process. What is particularly important to him is that the entire process be fully digitized.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Optimization Software 40

Supply Chain Movement

APRIL 26, 2016

That’s why we plan four seasons ahead in our sales & operations planning process, which we still do in Excel. Then map the demand patterns on a customer segmentation matrix and decide how you should do the forecasting – whether automated or not. S&OP and omnichannel supply chains are demanding new analytical skills.

SCM 60

SCM Pharmaceutical Material Savings Supply Chain Design Software 60