The Logistics & Supply Chain Management Society

AUGUST 14, 2023

While most studies focus on USA and Europe, we recognised the unique challenges faced by Asian supply chains, especially during the pandemic. Leading firms now recognize the need for supply chain leaders who can coordinate the entire end-to-end process, despite not having complete control.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

ThroughPut

APRIL 6, 2020

What is supply chain optimization? Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. What does supply chain optimization involve?

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

Supply Chain Matters

APRIL 18, 2024

That number is the highest reported since 2014, including the period of the Covid-19 pandemic during the years 2020 to 2023. If readers have added interest, click on our Search Menu on the right-hand panel on the category of Pharmaceutical, Life Sciences and Healthcare supply chains , to be able to scan in excess of 140 various commentaries.

Manufacturing Procurement 52

Manufacturing Procurement Pharmaceutical Purchasing Skills Sourcing Strategies 52

ThroughPut

APRIL 2, 2020

What is Supply Chain Optimization? Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. What does supply chain optimization involve?

Optimal Sourcing 52

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

Stord

APRIL 4, 2022

What are the best applications of supply chain technology that should be driving B2B/B2C or omnichannel businesses? Integrated Order Management and Inventory Planning “Proper demand planning beyond replenishment plans. This helps customers increase revenue opportunities, and reduce their risk on the cost of inventory.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Analytics Software 78

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Timing was a further crucial factor.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

GlobalTranz

OCTOBER 14, 2015

In today's highly competitive marketplace, it’s imperative for businesses to innovate new ways to streamline their supply chain and optimize productivity. Additionally, through a more stable and efficient supply chain, you can greatly enhance customer satisfaction and retention. Source: Morai Logistics.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Supply Chain Network Software 120

ThroughPut

MARCH 18, 2024

This is exactly where the new wave of Analytics and Data Intelligence Platforms , highlighted by Gartner, comes into the picture. What Are Decision Intelligence and Analytics Platforms? Analytics and Decision Intelligence (A&DI) platforms represent a significant leap forward in the realm of business intelligence.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

ThroughPut

MAY 23, 2024

The Bullwhip Effect is a phenomenon where slight fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesale, distributor, and manufacturer levels. This phenomenon leads to significant inefficiencies and increased costs in business operations.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Price Reduction 52

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. Most supply chain planning teams do not know their customers. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

SCMDOJO

DECEMBER 28, 2023

According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices. You need to integrate your supply chain management systems to meet this demand.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Demand Planning Software 76

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

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Logistics Viewpoints

OCTOBER 20, 2021

First and foremost, why have supply chain technologies weathered the Covid storm better than other industries, and what has it meant for parcel shipping? The news is reporting that supply chains are going to be disrupted this holiday season, so more and more consumers are starting early. Industry Trends.

Supply Chain Network Software 193

Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software Supply Chain Software 193

Gravity Supply Chain

NOVEMBER 12, 2022

With so much uncertainty and vulnerability in global trade and shipping, companies/businesses must adopt technology to improve transparency and synchronize all aspects of the supply chain, especially inventory management, costs, and intake margins. Why is there too much inventory and additional costs?

Supply Chain Planning Software 52

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

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list. This complexity is occurring in many forms.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chain Matters

MARCH 5, 2022

The Ferrari Consulting and Research Group’s 2022 Predictions for Industry and Global Supply Chains Research Advisory ( Available for complimentary downloading in our Research Center ) includes a prediction that the supply chain technology segment will feature an investment boom in market consumption, added equity investment and M&A activity.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Prescriptive Analytics Software 52

Logility

NOVEMBER 18, 2021

NASDAQ: AMSWA) today reported preliminary financial results for the second quarter of fiscal year 2022. For the six months ended October 31, 2021, the Company reported operating earnings of approximately $4.5 Logility announced the partnership with Visus LLC to support analytics customers and their digital transformation journeys.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Analytics Software 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 Matters

DECEMBER 20, 2023

In this special edition of Supply Chain Matters This Week in Supply Chain Technology , we highlight an announcement of added capabilities being planned for the Amazon AWS Supply Chain B2B Cloud. This capability will reportedly leverage Amazon’s recently announced AWS Bedrock technology.

Supply Chain Planning Software 59

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

Ware2Go

OCTOBER 22, 2021

Learn how to mitigate and avoid dead stock through strategic warehousing and inventory management to lower fixed costs, combat supply chain disruptions, and overcome current peak season challenges. Simply put, if a business lets inventory sit idle for too long, they risk inventory obsolescence.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Cost Reduction Strategies Inventory Management Software 98

Supply Chain Shaman

JUNE 16, 2014

Today, nine out of ten supply chains are stuck. Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. These technologies are applicable to solve many problems.

Supply Chain Design Software 290

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 290

Enterra Insights

JUNE 1, 2021

The Value of Cognitive Computing in Retail Cognitive computing is a subset of artificial intelligence (AI), which, like most AI systems, leverages machine learning as well as other technologies. One source of tension is retailer chargebacks (or fines) for failing to comply with their compliance requirements.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

Enterra Insights

APRIL 6, 2021

That’s where forecasting and predictive analytics come into play. Predictive analytics involve techniques like data mining and machine learning to predict future trends from past and current data. You might be asking yourself: What is the difference between traditional forecasting and predictive analytics?

Predictive Analytics Software 113

Predictive Analytics Software Predictive Analytics Analytics Software Modeling Software 113

TransAudit

DECEMBER 13, 2023

Here are three examples of how companies adopted a circular supply chain approach and saw significant results: RUSH University Medical Center saved more than $244,000 by reusing workplan furniture. Emerging technologies like IoT, AI, and machine learning can provide deeper visibility in the overall supply chain process.

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 87

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

The McKinsey report “How COVID-19 is changing consumer behaviour – now and forever”, bluntly illustrates how this change occurred more quickly and seismically than anyone predicted – so fast that it’s apparent the capacity to adapt had always been there. . Changing Customer Demand and Expectations.

Supply Chain Planning Software 245

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Agile and Lean Supply Chain 245

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

Stord

FEBRUARY 2, 2022

That’s why technology is becoming extraordinarily important and impacting virtually every aspect of supply chain management. What technologies could have the biggest impact? As such, customers now are looking to plan to have 40% to 50% more inventory on hand to ensure they aren't missing opportunities.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Optimization Software 78

6 River Systems

FEBRUARY 3, 2020

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 59

Resilinc

SEPTEMBER 27, 2022

Peter Guinto capped his 12-year Air Force career in procurement by serving on the federal COVID supply chain task force and becoming head of contracting for the Medium-altitude UAS Division—the unit responsible for keeping the United States’ edge in warfighting drones. Can you speak more about that?

Government 84

Government Meeting Manufacturing Procurement Supply Chain Design Software 84

Oracle SCM

JULY 12, 2017

As if the largest economic crisis since the Great Depression wasn’t enough of a challenge to the supply chain industry, the introduction of the smartphone and advanced analytics into the marketplace disrupted the industry further by providing an exponentially growing consumer base and easy access to goods and information.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Talking Logistics

MARCH 9, 2017

Businesses are demanding the features found in most business-to-consumer (B2C) technologies, which allows them to easily search for products, compare features, shop for bargains, watch product demonstrations, track shipments and manage returns.

Supply Chain Network Software 105

Supply Chain Network Software Supply Chain Software Network Optimization Supply Chain Optimization 105

Enterra Insights

MARCH 11, 2020

Without the back-end supply chain, however, retailers would have nothing to sell. Manufacturers would supply retailers, who would then resell the goods to consumers — therefore dealing with complaints or queries from the end consumer. ”[3] Cognitive technologies are playing an important role in this revolution.

Supply Chain Software 100

Supply Chain Software Supply Chain Strategy Supply Chain Optimization Retail 100

Supply Chain Game Changer

MARCH 24, 2020

The lines at Costco were huge with people clearly stocking up on items such as toilet paper, water, cleaning supplies and food items. China was locking down hundreds of millions of people and closing manufacturing facilities. Automotive manufacturers are looking to manufacture ventilators. Supply Chain Lessons.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 82

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

Enterra Insights

MAY 29, 2019

A couple of years ago, McKinsey & Company analysts noted, “The digitization of supply chains will have the biggest impact on [a company’s] revenue, yet 49% of companies are investing in digitizing their distribution channels or marketing instead. Only 2% of companies are applying digital strategies to the supply chain.”[1]

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Analytics Software 100

ShipBob

AUGUST 18, 2022

Walmart is constantly striving to improve their supply chain management system. From the get-go, the company started removing links within the supply chain and purchased goods in bulk to be transported directly to their stores. This approach plays a key role in their supply chain success.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Vendor Strategies Inventory Reduction 52