Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. The Building Blocks.

Material Savings 189

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 189

Supply Chain Shaman

SEPTEMBER 3, 2015

Before the benchmarking work, I believed that companies that were better forecasters would be better at inventory management. Cycle stock is the management of stock required to cycle through production runs and procurement buys effectively. Buying the technology and not having clear processes and accountability does not help.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Shaman

APRIL 7, 2016

On Monday, I would speak in Orlando Florida at the Terra Technology event; and on Wednesday, present the keynote at the Logistic Summit & Expo in Mexico City. In the outside-in supply chain, the signals are from the buy and sell-side markets back to the enterprise. 2) Market-Driven Forecasting. Bio-engineering?

Supply Chain Design Software 150

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

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. BE READY FOR THE NEW NORMAL.

Supply Chain Planning Software 246

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

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 View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Supply Chain Shaman

OCTOBER 29, 2014

Even though things seem to be going well (all of the meeting details are well-executed and the speaker is giving an energized presentation), the room is eerily quiet. By purchasing planning and transactional systems for a common vendor, they had one throat to choke and they were familiar with the architectural elements.

Supply Chain Planning Software 317

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 317

Supply Chain Shaman

SEPTEMBER 20, 2015

How do they buy from you? How do they buy from you?” Spinnaker Management Group asked me to co-present on a demand-driven webinar with SanDisk. In fact, the teams ignore the forecast. So, why did I ask SanDisk to present? Both improvement and performance define supply chain excellence.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Taulia

JULY 5, 2021

We’ll conclude by evaluating the advantages of VMI for buyers and suppliers and present Taulia’s enhanced VMI offering. Consequently, the supplier manages the upstream supply chain to the point of delivery to the buyer, and it’s the buyer’s responsibility to provide accurate, timely information for forecasting. How does VMI work?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Inventory Optimal Sourcing 52

SCMDOJO

AUGUST 4, 2023

By having a leaner inventory, you can better forecast demand and ensure that you have enough stock to meet customer needs without overstocking. But times are changing, the use of reduce inventory offers more quality and useful performance metrics. Forecast Seasonal Demand – The customers are always around during seasonal demands.

Inventory Reduction 92

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 92

ThroughPut

NOVEMBER 12, 2020

McKinsey suggests that warehouse operations can be critical in presenting an untapped improvement opportunity in the supply chain. 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.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

Logistics Bureau

AUGUST 1, 2022

More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software. The demand planner will also be responsible for using this data to develop demand forecasts and plans , which will then need to be translated into supply plans.

Supply Chain Planning Software 88

Supply Chain Planning Software S&OP Supply Chain Planning Scenario Planning 88

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. As I sat at the airport I worked on my presentation for the Supply Chain Insights’ webinar on building a customer-centric supply chain on August 17. All winners received their digital images this week. )

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

Logility

MAY 22, 2020

Users are accustomed to building everything in Excel and manipulating the data as needed for their own particular use, typically using static reports or spreadsheets that are siloed in specific departmental needs. A key first step is to have buy-in at the highest level of the organization. Starting at the Top. Other Suggestions.

Analytics Software 148

Analytics Software Metrics Supply Chain Design Software Supply Chain Software 148

SCMDOJO

DECEMBER 11, 2023

From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance. Total Cost: The overall cost of the purchase order, calculated based on quantities and unit prices.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

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. As a result, we can push and push on forecasting processes and not drive improvement. I worked first at Gartner Group and then at AMR Research. I was a skeptic.

Supply Chain Planning Software 150

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

Supply Chain Shaman

NOVEMBER 28, 2016

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. Performance on the Supply Chain Metrics That Matter.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

Logistics Bureau

DECEMBER 20, 2021

The one thing they all have in common is that, under the right circumstances, they are more than merely valuable metrics. The inventory turns KPI is the metric that provides this information. When accuracy is lacking, so is the ability to forecast, plan, sell, and fulfill, and customer dissatisfaction is sure to follow.

Inventory Reduction 77

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 77

Precoro

DECEMBER 12, 2023

And the manual tracking of financial metrics for investors proved to be a cumbersome process. he had firsthand experience with the software and had no doubt Precoro would also be an excellent fit for Electra. Additionally, all the big purchase orders are negotiated by me, and I place the purchase orders as well.

Procurement Solutions 52

Procurement Solutions Pricing Training Purchasing Training Procurement Analytics 52

ShipBob

NOVEMBER 15, 2021

Similarly, meeting customer demands builds customer satisfaction and loyalty, increases the likelihood of repeat purchases, and usually leads to more sales. Include demand forecasts in your procurement planning, so that you do not accidentally over- or understock particular SKUs. Forecast demand to meet increased expectations.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

Unleashed

OCTOBER 14, 2020

Enterprise Resource Planning software (ERP), is an excellent tool for running the business as a whole due to its ability to integrate finances, human resources, suppliers, clients, inventory management, and manufacturing. ERPs are excellent for the following predominant reasons: Cask management. ERP for breweries.

Inventory Management Software 111

Inventory Management Software Demand Planning Software Supply Chain Network Software Forecasting Software 111

Precoro

FEBRUARY 27, 2023

Where should you start when you want to create budgets, cut costs, or forecast future spending? It includes several steps: from identifying business goals to finding ways to cut off extra expenses and improve forecasting. The answer is simple: spend analysis. Many factors may be used for conducting comparisons.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

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? Demand signals include shopping trends, digital footprints of shopping online or looking at recipes, talking to their neighbors and friends on social media, buying habits, and consumption data.

Supply Chain Planning Software 95

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

Supply Chain Shaman

NOVEMBER 14, 2016

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. To meet the criteria for The Supply Chains to Admire for 2016, companies needed to score better than their peer group average for performance metrics, while driving a higher level of improvement than 2/3 of their industry peer group.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Supply Chain Shaman

OCTOBER 7, 2012

My schedule had me on a plane to Chicago at the time of the presentation. We rescheduled my flight and I quickly put together some slides for the presentation. (To I had successfully adapted to give a presentation on agility to 254 people. Q: You mention that Executive Buy-in is the biggest stumbling block.

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

6 River Systems

JUNE 29, 2020

Finally, leaders reduce disruption by building buffers throughout the supply network and invest in advanced analytics to improve planning and forecasting accuracy.” Establishing protocols, metrics, organizational owners, and related processes can empower organizations to respond more effectively when faced with a crisis.”

Supply Chain Planning Software 116

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

6 River Systems

DECEMBER 11, 2018

Create an adaptive unified buying process. “If you look at the typical buying process, it is bifurcated based on geography. If I am going to buy goods from this geography, then I use this process. And you probably measure the efficacy of your tools and processes with well-known forecast accuracy KPIs.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Supply Chain Network

DECEMBER 14, 2013

Last year in Florida at RILA Logistics 2013, the topic of multi-channel was discussed with 5 related presentations delivered where the challenges of the coming omni-channel revolution were laid down. Speaker(s): Rob Bass, Vice President, Distribution, Best Buy Co., Room 25, Monday Feb 24 th , 10:30 am.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Retail 115

Enterra Insights

AUGUST 19, 2020

It spans the purchase of raw materials to the final delivery of the merchandise to the customer, including the intermediate processing of the goods. According to the Interlake Mecalux staff, “The future presents a series of challenges that must be resolved if digitization is to extend into all areas of product storage and distribution.”

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Analytics Software 100

3rdwave

JANUARY 23, 2019

The more granular and comprehensive the data captured in digital format, the higher the fidelity and resolution of the picture presented through digitization. The tools supporting digitization enables the presentation of information in ways not conceived of pre-2009. Haslam College of Business, April 2018).

Logistics Network Optimization Software 86

Logistics Network Optimization Software Transportation Optimal Sourcing Logistics 86

Alloy

JANUARY 6, 2021

I believe that siloed data, siloed teams and inflexible legacy systems present the biggest hurdles in supply chain optimization. Both companies also provide excellent customer support. You can dynamically adjust layout, content, metrics and time dimensions, in real time. Alloy and RSi both load granular and recent POS data.

Alloy 98

Alloy Supply Chain Planning Software Supply Chain Design Software Analytics Software 98

Supply Chain Game Changer

DECEMBER 3, 2019

As I settled into the job and started learning, and studying, the various Supply Chain metrics I was surprised when I looked at the Inventory Turnover performance of the company. First I would talk with the 3 main people in charge of the Inventory Management and Procurement buying functions within the company. There were no targets.

Inventory Reduction 56

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Strategy 56

3rdwave

JANUARY 23, 2019

The more granular and comprehensive the data captured in digital format, the higher the fidelity and resolution of the picture presented through digitization. The tools supporting digitization enables the presentation of information in ways not conceived of pre-2009. Haslam College of Business, April 2018).

Logistics Network Optimization Software 40

Logistics Network Optimization Software Transportation Optimal Sourcing Logistics 40

OptiProERP

OCTOBER 23, 2019

In my 35 years of experience in the manufacturing and IT worlds, I’ve guided managers as they review the opportunities that their success and growth have presented. ERP solutions deliver a single source of real-time intelligence that is fully integrated across the enterprise for better decision making and forecasting. Customer Story.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Analytics Software 40

NC State SCRC

OCTOBER 12, 2016

He then went into global imports for the central purchasing group in Raleigh. In 2013 we had $8M of raw material inventory – due to poor purchasing, poor safety stock decisions, and a lot of WIP in the system. He met a colleague who worked at Car Quest, and after several interviews, started there. Today, we are at 5.5M

Supply Chain Planning Software 40

Supply Chain Planning Software Purchasing Skills Negotiating Skills Supply Chain Software 40

Logility

JANUARY 26, 2024

However, this year promises a significant paradigm shift where traditional performance metrics are replaced by technology-driven frameworks, as recent breakthroughs with Generative AI in supply chains have demonstrated. Enter our list of supply chain trends for 2024. The integration of AI+ will usher in a profound impact on demand planners.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

6 River Systems

JUNE 10, 2019

Now it is only a matter of test buying products through unauthorized channels to recognize where the supply chain leakage is coming from. So I asked, “How about we make our employee the number #1 and fortify them better to radiate excellence to the customer as transferred effect?” Some strategies for an excellent supply chain are: 1.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88