Logistics Viewpoints

JUNE 26, 2023

Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning. This visibility is key to both the root cause analysis and the inventory rebalancing.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

ToolsGroup

MAY 16, 2023

Featuring over fifty Gartner experts and more than 140 research-driven sessions, this year’s conference gathered over 3,700 supply chain professionals from across North America and beyond. It enables the inventory optimization necessary for lowering inventory while elevating the customer experience.

Gartner 283

Gartner Supply Chain Planning Software Supply Chain Planning Inventory Reduction 283

RFgen

AUGUST 10, 2023

Inventory management is no exception. Today’s digital supply chain makes manual inventory control obsolete. When first implementing digital inventory technology, many organizations consider a warehouse management system (WMS). Ensure proper ordering, inventory planning, and process scalability.

Real-time Visibility 81

Real-time Visibility Inventory Management Software Supply Chain Planning Software Inventory Reduction 81

Logistics Viewpoints

APRIL 29, 2024

The company sources goods from 36,000 suppliers out of 30 nations. The goods flow through 3 import centers, 14 strategically located distribution centers in North America, 106 final-mile shipping hubs, and nearly 1,700 branch locations. 22,000 containers move annually through 52 ports. Across the US, Ferguson has 6.5

Supply Chain Design Software 215

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Optimization 215

Supply Chain Shaman

JANUARY 31, 2022

Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. Source E2open Shipping Index). We started the conversation with sourcing. Lucas had a team that dictated sourcing based on excel spreadsheet analysis to reduce cost and improve tax efficiency.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

Supply Chain Shaman

FEBRUARY 7, 2022

Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. Source E2open Shipping Index). We started the conversation with sourcing. Lucas had a team that dictated sourcing based on excel spreadsheet analysis to reduce cost and improve tax efficiency.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Unleashed

OCTOBER 4, 2021

Here we break down the inventory management strategies of seven successful manufacturers and retailers around the globe. These examples show there isn’t a benchmark inventory management strategy that trumps all others. This allows Amazon to concentrate on other aspects of the transaction, like shipping, returns and processing.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Inventory Management Software Waste Reduction 97

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

but when demand slowed, the pressure to reduce inventory becomes a lot higher. Source: Sea-Intelligence Source: Sea-Intelligence The number of blank sailings are at the lowest we have seen since the pandemic started. Initially during the pandemic, supply chain managers held more buffer stocks to account for disruptions.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

BlueYonder

AUGUST 17, 2023

What’s the real cost of inaccurate inventory management? IHL Services, a global research and advisory firm, estimates that inventory distortion — the combined cost of lost sales from out-of-stocks, along with the deep discounts required to sell overstocks — will drive a $1.77 trillion problem of inventory distortion.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Optimal Sourcing Purchasing Skills 52

Supply Chain Matters

JUNE 17, 2022

This survey of a reported 750 CEO’s and other C-Suite executives was conducted in May 2022, among executives based in North America , Latin America , Asia and Europe. Inventory Management Assessment- Samsung Electronics. Samsung ’s inventory balances reportedly reached the equivalent of $36.9 cyberattacks.

Inventory Reduction 52

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

ShipBob

NOVEMBER 29, 2023

These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory. What is ghost inventory?

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

Logistics Viewpoints

MARCH 10, 2021

In North America, that initial impact started with the offshore suppliers closing and they were unable to fulfill orders. There is a focus on alternate sourcing and substitution options. ToolsGroup helps companies maintain or improve target service levels while minimizing inventory.

ToolsGroup 146

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 146

Supply Chain Shaman

DECEMBER 17, 2018

Shell’s current shift to the global supply chain is impacting North America, Latin America, Europe, Middle East, Asia, Russia, and China. They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015. Impact of Demand Sensing on Inventory Levels. Planting the Seeds.

Demand Planning Software 249

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 249

Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. They also have 20 sourcing locations across North America from which they can ship make to stock products. HWI employed a crawl-walk-run methodology.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

ToolsGroup

MAY 18, 2022

Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. There are Five Symptoms of Outdated Forecasting and Inventory Planning Software: Have you diagnosed your problem– and solution–to improved demand planning? Image source: Sturgis Journal. Image source: FDA .

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Pricing Training Purchasing Skills 156

Logistics Viewpoints

AUGUST 7, 2023

The Cardinal Health Supply Chain Cardinal Health’s medical segment manufactures, sources and distributes Cardinal Health branded medical, surgical and laboratory products. The medical segment’s supply chain consists of 61 North American distribution centers and 27 global manufacturing plants. This was a bold and risky move.

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

Supply Chain Brain

AUGUST 21, 2020

What does best-in-class forecasting and inventory management look like? Now in its ninth year, E2open’s 2019 Forecasting and Inventory Benchmark Study is the most consistent, comprehensive and useful study of its kind.

Forecasting 40

Forecasting Benchmarking Study Inventory Reduction 40

BlueYonder

SEPTEMBER 7, 2023

In every role inventory availability and protecting the company’s assets was always critical. In North America, according to an IHL research report sponsored by Blue Yonder , retail loss due to out-of-stocks increased by a huge 17.7% in the first quarter – primarily from inventory shrink. How Can Blue Yonder Help?

Retail 109

Retail Inventory Reduction Real-time Visibility Supply Chain Design Software 109

Enterra Insights

JANUARY 4, 2023

What happened instead was massive theft of intellectual property, huge trade deficits, the hollowing out of the middle class in Europe and North America, and the rise of nativist politics.” Inventory Confusion. Experts can’t agree on what inventory management will look like in 2023. That did not happen.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 130

BlueYonder

OCTOBER 6, 2023

Breaking Down Barriers Between Planning, Procurement and Logistics: The existence of isolated supply chains between procurement, planning, and logistics can lead to latency, reduced responsiveness, expedited processes, excess inventory, and substantial inefficiencies.

Waste Reduction 81

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 81

ivalua

SEPTEMBER 14, 2022

Almost seven-in-ten (68%) of organizations view suppliers as a source of differentiation, while 66% now collaborate with suppliers to increase supply chain resilience. It is based on a survey of 462 procurement decision makers at companies with 1,000 or more employees in North America, Europe, and Asia Pacific. About Ivalua.

Supply Chain Planning Software 130

Supply Chain Planning Software Inventory Reduction Supply Chain Disruption Supply Chain Software 130

Logistics Viewpoints

AUGUST 22, 2023

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. Why is this shift such a big deal? We don’t have to think back very far. Lesson learned.

Real-time Visibility 185

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 185

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. While many companies assemble great sourcing and procurement teams when it comes time to renegotiate freight contracts, they often fail to provide good documentation that allows them to negotiate from a position of strength.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. Matt has led high-impact teams that implemented logistics strategies and systems at P&G, Nestle, Kraft, Anheuser-Busch Inbev, Tyco, Argos and Nokia across North America, Western Europe and Latin America.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

ivalua

APRIL 9, 2021

For organisations, top-line growth is being limited by procurement systems that are too rigid to support new ideas (75%); processes and systems that don’t enable effective, scalable supplier collaboration (71%); and a lack of integration among source-to-pay systems (71%). Inaccurate data leads to inventory management challenges.

Inventory Reduction 130

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Optimal Sourcing 130

Logility

OCTOBER 7, 2021

Possessing a core Product Lifecycle Management (PLM) and Supply Chain competency, our professional services organization is one of the largest dedicated implementation practices in North America made up of proven certified consultants. About Logility.

Logility 130

Logility Supply Chain Planning Software Analytics Software Optimization Software 130

Stord

OCTOBER 4, 2023

The partnership includes a multi-facility, nationwide fulfillment footprint, equipped with automation, robotics, and Stord’s proprietary inventory and order management software (OMS), to best serve Athletic Greens and its customers as the company grows.

Optimal Sourcing 60

Optimal Sourcing Optimization Software Supply Chain Software Logistics Network Optimization Software 60

Supply Chain Shaman

NOVEMBER 10, 2013

The work done by Terra Technology, in my opinion, is one of two accurate sources of benchmark data on forecasting in the industry. The average MAPE for North America was 36% while the European average MAPE was 45%. The average bias of European forecasts versus North America had 2% more bias. Tougher in Europe.

Supply and Demand 231

Supply and Demand Forecasting Forecasting Software Modeling Software 231

ToolsGroup

AUGUST 20, 2019

Now Gartner reports that SCP BPO is gaining traction ( Market Guide for Supply Chain Planning BPO or BPaaS, 29 July 2019 ), particularly in North America and Europe. Gartner says that the most common outsourced SCP processes are inventory management, statistical forecasting and service parts planning. versus $4.84

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

Logistics Viewpoints

JULY 9, 2021

Prime Minister Yoshihide Suga said it was essential to prevent Tokyo, where the highly infectious Delta COVID-19 variant was spreading, from becoming the source of another wave of infections. Restaurants, bars find suppliers’ inventories are running dry. As a result, the Olympics will take place without spectators.

Logistics Network Optimization Software 165

Logistics Network Optimization Software Logistics Price Reduction Finland 165

QAD

MARCH 31, 2020

ANCA builds their machines in Australia but these precision components are sourced from around the world. Machines can’t be built and shipped without having the right parts in inventory , but at the same time, keeping parts on the shelf consumes space and cash. Manage consignment inventory. Improve supplier communications.

Manufacturing Procurement 117

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 117

Synovos

FEBRUARY 21, 2023

From balancing costs to reliability, sourcing the right PPE to developing maintenance strategies, data on total cost of ownership to evidence of Environmental, Social and Corporate Governance (ESG), their concerns represent both longstanding issues and newer ones. I have learned a lot about the challenges they face.”

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Inventory Reduction Price Reduction 52

ivalua

APRIL 8, 2021

For organizations, top-line growth is being limited by procurement systems that are too rigid to support new ideas (75%); processes and systems that don’t enable effective, scalable supplier collaboration (71%); and a lack of integration among source-to-pay systems (71%). Inaccurate data leads to inventory management challenges.

Inventory Reduction 130

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Optimal Sourcing 130

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

These include Inventory vs. Service; Local vs Global Sourcing; Multiple Depots vs. Single Distribution Centre. Successful PDM, and the efforts to digitise inventory with detailed data, images, videos, and accurate attributes are the unseen, yet much great elements beneath the surface. Mark Lau – Chief Commercial Officer.

Supply Chain Planning Software 245

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

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

APRIL 26, 2018

There is an active group in Europe and North America. 90% of companies are unable to drive improvement at the intersection of inventory management, operating margin and customer service.). July 16th in North America (current thinking is Charlotte or Chicago. The reason? Why Should You Care? Companies are busy.

Supply Chain Network Software 186

Supply Chain Network Software Network Optimization Supply Chain Software Optimal Sourcing 186