Supply Chain Shaman

SEPTEMBER 5, 2022

These teams are also more advanced in the use of planning and more advanced analytics concepts. Supply Chain Performance over the Period of March 2020 to July 2022. Supply chain leaders self-assessment of performance during the pandemic period of March 2020-through July 2022. Today, inventory fire sales abound.

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 239

ToolsGroup

OCTOBER 25, 2022

Today the stakes are even higher , with the ever-present ghost of disruption rattling supply chains around the world. The better your understanding and management of seasonal stock, the less the specter of supply chain disruption will keep you up at night. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Slimstock

MARCH 26, 2019

Andrew Thomas, founder of Skybell Video Doorbell, reports that it takes roughly 40 positive customer experiences to undo the damage of a single negative review. Though it’s often overlooked as an element of customer satisfaction, procurement is an essential component for delivering that satisfaction. 4 Ways to Improve Procurement.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 66

Logistics Viewpoints

JANUARY 26, 2021

The COVID-19 pandemic has only confirmed what we already knew: modern supply chains must be built on a foundation of extreme agility and responsiveness. While lean manufacturing and just-in-time were game-changing concepts when they were introduced, agility and resilience must be taken to an entirely new level post pandemic.

Agile and Lean Supply Chain 268

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 268

ThroughPut

APRIL 5, 2024

Inventory is the backbone of the modern firm, and potentially its most important asset. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management. What is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Logility

JANUARY 26, 2024

Depending on who you ask, the answer can be anything from low costs and efficiency to a delicate balance between profitability and customer service. Enter our list of supply chain trends for 2024. The same holds for the supply chain organization.

Supply Chain Planning Software 216

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

Supply Chain Matters

AUGUST 8, 2022

The overall takeaway from the July data was that global production momentum had begun to stagnate and in some regions such as the Eurozone, Taiwan, and to some extent , certain manufacturing regions of China, PMI values had reached contraction levels. . Global Supply Chain Pressure Index. This index was reported as 1.84

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

GlobalTranz

MARCH 7, 2016

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. What Do Supply Chain Analytics Have to Do With This Ability?

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

Logility

NOVEMBER 2, 2021

Technology Leader Gives Students Hands-On Experience With AI-based Supply Chain Execution Solutions. Logility recently added onto the experience, allowing students to dive further, learning how to source vendors, issue purchase orders and even track work-in-process and inbound shipments. ATLANTA – Nov.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Logility Supply Chain Design 130

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. For 2021, U.S. percent to $1.85

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

Supply Chain Shaman

MAY 21, 2013

We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. We have to change the mental model of our organizations to move forward.” Medical Device Manufacturer. The problem is us.

Modeling 239

Modeling Modeling Software Pharmaceutical Procurement Analytics 239

ShipBob

FEBRUARY 26, 2024

Collaborative planning, forecasting, and replenishment (CPFR) is the method of coordinating various supply chain tasks between multiple parties (i.e., to meet customer demand while minimizing costs. The four phases of the CPFR model The CPFR model consists of four main phases. manufactuerer, retailer, etc.)

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Unleashed

APRIL 20, 2020

The health of manufacturers is a good indicator of the health of the economy. To measure this, we turn to the Purchasing Managers Index (PMI). A PMI score above 50 means manufacturing is growing. While some producers are busier, a majority of industries are reporting a rapid fall in demand and production. in February.

Agile and Lean Supply Chain 81

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Planning 81

Supply Chain Matters

DECEMBER 20, 2023

automatically combine and analyze data across multiple supply chain systems so businesses can observe their operations in real-time, find trends more quickly, and generate more accurate demand forecasts that ensure adequate inventory to meet customer expectations.” The application was described as providing the ability to: “.automatically

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Planning 59

Enterra Insights

JULY 14, 2020

Consumer behavior, even before the pandemic, was moving steadily towards the digital path to purchase. The pandemic forced many consumers to make purchases online that they normally would have completed in stores. ” That doesn’t mean they aren’t using the digital path to purchase — because they are.

Omnichannel 100

Omnichannel Analytics Software Supply Chain Planning Software Predictive Analytics Software 100

Enterra Insights

JULY 31, 2019

The modern supply chain is mind-boggling. Multinational enterprises deal with a dizzying array of paperwork involving procurement deals, purchase orders, shipping data, etc. ”[4] Analysts from Shipchain add, “Understanding the future of the digital supply chain is essential to success.

Supply Chain Planning Software 100

Supply Chain Planning Software Analytics Software Supply Chain Software Predictive Analytics Software 100

BlueYonder

FEBRUARY 17, 2022

Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. As we adhered to shelter-in-place orders from the CDC (Centers for Disease Control), each of us were purchasing more products and services online at a faster adoption rate than ever before.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 72

ShipBob

SEPTEMBER 20, 2021

For many growing and established direct-to-consumer (DTC) brands alike, the supply chain is the most critical but also most challenging aspect of their operations. . The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs.

Optimal Sourcing 52

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

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 66

Unleashed

APRIL 18, 2022

An example of supply chain resilience A basic example of supply chain resilience is building in redundancy through dual sourcing: having an alternative supplier for important parts or ingredients. Risk management is central to all manufacturing production strategies. How is supply chain resilience measured?

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Inventory Reduction Supply Chain Strategy 97

Supply Chain Shaman

MAY 5, 2017

Today, based on the use of traditional processes, companies cannot sense market shifts quickly and align their supply chain response. This ended when Gartner purchased AMR Research in 2010. Since I do not believe in the Gartner business model, I left. 2) Build an outside-in demand planning model to use channel data.

Supply and Demand 171

Supply and Demand Modeling Demand Planning Software Supply Chain Planning Software 171

Oracle SCM

JULY 12, 2017

Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

ThroughPut

JUNE 24, 2022

When faced with a pandemic like COVID-19, establishing a good understanding of the impact on supply chains and contingency plans can help manufacturing companies deal with uncertainties in the right way. So, what does AI mean to businesses struggling to make a comeback with their supply chain efficiencies in the forefront?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

6 River Systems

JULY 25, 2019

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

Oracle SCM

NOVEMBER 1, 2017

Two years ago it was reported by CNBC that the inability to efficiently manage inventory cost retailers $1.75 And for the record, that’s did cost, not could cost. trillion due to inadequate inventory control as it relates to out-of-stock, overstocked, and returned inventory. trillion dollars.

Real-time Visibility 113

Real-time Visibility Supply Chain Planning Software Supply Chain Network Software Supply Chain Software 113

NC State SCRC

MAY 13, 2019

The topic is a timely one, the on-going US-Chinese tariffs and what it means for supply chain executives. This is an issue that should cause every supply chain executive to take notice, and start thinking about the strategic imperatives that lie ahead… US and China are currently on a “trade-war” which started when U.S.

Negotiating Skills 40

Negotiating Skills Negotiate Pricing Purchasing Skills Manufacturing Procurement 40

Supply Chain Opz

NOVEMBER 9, 2014

In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks.

Waste Reduction 274

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

Supply Chain Matters

AUGUST 21, 2023

Retailers who proactively anticipated such trends and resized their inventory stocks seemed to have fared better. Q3 revenues will include the reported very successful two-day Prime Day shopping promotional held in July. reported a 6.4 They further point to changed online buying trends. billion and $8.5 billion, compared to $2.5

Pricing Training 52

Pricing Training Purchasing Training Inventory Reduction Expense Reduction 52

NC State SCRC

JANUARY 1, 2023

As I’ve done in prior years, I’ll make a few predictions based on what happened in 2022 – and what I think it means for 2023. These predictions are perhaps not completely original – but they represent what I think will be important guidelines for supply chain executives to consider. Inflation will persist.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

Kinaxis

AUGUST 12, 2015

by Kirsten Watson When considering what attributes supply chain leaders are most likely to possess, it’s easy to think first of hard skills—analytical prowess, technology expertise, and operations and economics knowledge quickly come to mind. And, this activity can’t take place in a vacuum.

Quality 100

Quality Supply Chain Planning Software Purchasing Skills Supply Chain Strategy 100

Supply Chain Matters

JULY 5, 2023

Supply Chain Matters provides highlights and added perspectives to EV automaker Tesla’s reported production and customer delivery performance in Q2-2023. On the production side, the company reported that 479,700 vehicles were produced globally in the latest quarter. The Q2 delivery performance represented a 10.2

Price Reduction 52

Price Reduction Expense Reduction Inventory Reduction Sourcing Strategies 52

Supply Chain Matters

OCTOBER 20, 2023

Electric automaker Tesla reported Q3-2023 financial performance this week and to state the obvious, the results were not well received by investors. They further added to growing concerns that consumers have moderated on their desires to purchase an all-electric vehicle. percent operating margin in the latest quarter.

Price Reduction 52

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 52

6 River Systems

AUGUST 19, 2020

Manufacturing companies have the option of selling directly to consumers without the help of any retail middle men. Whether you are new in the retail space or an established player, what you cannot build with a click of a button is a strong brand or an efficient supply chain.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 59

6 River Systems

JUNE 10, 2019

“It sort of depends upon what we are purchasing from the supplier as to the approach we should take…” Commodity Strategic The first level, for components or typical commodity type products, we will at least want to perform a supplier evaluation of some sort. Some strategies for an excellent supply chain are: 1.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88