RFgen

FEBRUARY 25, 2025

Managing inventory effectively is a constant challenge for businesses. Misunderstandings about the dynamics of inventory fluctuations, like the bullwhip effect, can exacerbate these challenges. Misunderstandings about the dynamics of inventory fluctuations, like the bullwhip effect, can exacerbate these challenges.

Inventory Reduction 52

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Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential. Meet Ernest.

Supply Chain Software 30

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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. As some component lead times push into 2023, the shortage is expected to last 24 months before it recedes – similar to the chip shortage of 2008-2009.

Material Savings 207

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Jaggaer

JANUARY 28, 2019

As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supply chains and procurement organizations.

Manufacturing Procurement 40

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QAD

JUNE 8, 2021

Very similar to the crisis in 2008-2009 and much to the surprise of industry analysts, automotive demand came back much quicker than expected. Insufficient inventory visibility throughout the supply chain. see Figure 2) was added in response to shortages and disruptions that occurred in 2008-2009. In addition to 6.2.1.7,

Supply Chain Software 98

Supply Chain Software Automotive Demand Planning Software Forecasting Software 98

AFFLINK

FEBRUARY 15, 2017

The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. Rewards such as cost savings, time to market and inventory turnaround also contribute towards short-term goals.

Optimal Sourcing 74

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Material Handling & Logistics

JULY 24, 2018

significantly improved their ability to generate cash in 2017, producing the strongest working capital performance since 2008. Performance of the other major elements of working capital performance, receivables and inventory, both deteriorated slightly in 2017. days and Days Inventory On hand (DIO) rose by just 0.6% to 51 days.

Company 54

Company Optimal Sourcing Inventory Reduction Survey 54

Unleashed

APRIL 20, 2020

The last global recession was in 2008, leading some economists to believe the next one is overdue. The inventory to sales ratio, also known as inventory turnover , measures the amount of inventory in your store compared to the number of sales you’re fulfilling. Introduce digital procurement technology.

Agile and Lean Supply Chain 81

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Supply Chain Matters

JANUARY 6, 2023

Since our inception in 2008, The Ferrari Consulting and Research Group has annually published a series of supply chain management focused predictions. Overall inventory levels among retailers and online channels remains at high levels and continuing to fill warehouses. Background. Opportunity and Renewed Focus.

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 98

Supply Chain View from the Field

OCTOBER 14, 2015

The conference was a great opportunity to interact with logistics and procurement executives in an environment of open dialogue and discussion. All of a sudden, everyone is “knocking on the door” of procurement and logistics, asking for cost improvements.

Material Savings 60

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GlobalTranz

DECEMBER 7, 2015

Instead of setting up brick-and-mortar stores, or keeping inventory on hand, you can start offering this new product on your new store. Manufacturers will be able to improve their inventory due to the information presented by both supply chain and operations data. The number of robot installations had never increased so heavily before.

Manufacturing Procurement 120

Manufacturing Procurement Trends Analytics Software Supply Chain Design Software 120

6 River Systems

JUNE 10, 2019

Cut inventory costs Be it a brick and mortar store or an online business, inventory is always present and it costs money. To avoid skyrocketing inventory expenditure, you need to keep accurate inventory count. To avoid skyrocketing inventory expenditure, you need to keep accurate inventory count.

Sourcing Strategies 88

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Supply Chain Game Changer

NOVEMBER 19, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. As a recruitment company specializing in Supply Chain and Procurement, Argentus sits at the nexus of a lot of these demographic changes. We’re maybe a ways past the 2008-2014 heyday of stereotyping millennials in the workforce. Subscribe Here!

SCM 60

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Requis

JULY 14, 2020

Steeped in the investment world since 2008, Brian decided very early on to focus on supply chain and operations investment. After graduation in 2008 I joined Jeff Citron at KEC Ventures (noted for stock trading platform Island ECN and Vonage; Jeff is also known for Datek Online). That stayed with me. Data and analytics.

Supply Chain Software 126

Supply Chain Software Supply Chain Strategy Pharmaceutical Supply Chain Optimization 126

Arkieva

APRIL 7, 2016

Ensure continued alignment by sharing inventory turns as a KPI. Figure 1 shows it for inventory and service. The idea is that more service, typically comes with a higher inventory (or lower turns). They increase the service but require a higher inventory. It will lower cost but increase inventory or decrease turns, cfr.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization Supply Chain Strategy 60

Resilinc

FEBRUARY 22, 2021

A common challenge for procurement and supply chain professionals is obtaining support from C-level leaders to invest in a robust supply chain risk management (SCRM) program. The business case should include recommendations for compensation incentives. Perceived high costs and conflicting objectives.

Supply Chain Risk Management 62

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Infosys Supply Chain Management

FEBRUARY 2, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Traditionally supply chain model for e-retailers has been to stock inventory at downstream i.e. Distribution Centers (DC). To have centralized inventory visibility. · No centralized inventory visibility.

Supply Chain Planning Software 36

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Supply Chain Game Changer

JANUARY 29, 2020

m/m in 2020 was taken way back in 2008 and it got ratified in 2016 in the 17th session of MEPC meeting. Reducing sulphur emissions by utilizing low sulphur fuel oils in shipping vessels will help reduce greenhouse gas emissions by at least 50% by 2050 compared to 2008 requirements. m/m of Sulphur cap. The decision to make it 0.5%

Cost Reduction Strategies 82

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Infosys Supply Chain Management

APRIL 2, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. One of the biggest time consuming and mundane activities in warehouse management is the pick up of inventory and the appropriate shelving of inventory. Business Process Outsourcing. Customer Service.

Sourcing Strategies 29

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Infosys Supply Chain Management

FEBRUARY 8, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Let us take an initiative such as Inventory Optimization as an example. But what has been lost is an opportunity to look at inventory optimization through the lens of revenue generation and cost optimization.

Optimal Sourcing 34

Optimal Sourcing Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Optimization 34

NC State SCRC

MARCH 16, 2023

This discovery does not necessarily lead to immediate recognition for procurement’s authority over sourcing decisions. In many cases, the mechanics of moving towards Source to Pay represents a major change for organizations in the early stages of procurement transformation. This is in large measure due to the 2008 banking crisis.

Supply Chain Design Software 52

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Infosys Supply Chain Management

JANUARY 11, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. It is the best practice to be followed since it reduces inventory, saves space and energy. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38). December 2008. November 2008.

Agile and Lean Supply Chain 37

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Logistics Bureau

MAY 24, 2019

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. The only option was to try to reduce levels of inventory, which, up to that point, had been kept very high to support a nine-week order cycle.

Cost Reduction Strategies 77

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 77

Infosys Supply Chain Management

NOVEMBER 1, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. The state of product demand planning and inventory management among retailers becoming more advanced. Business Process Outsourcing. Customer Service. Finance & Accounting. Human Resources. Product Categories.

Eliminating Excel in Purchasing 30

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Supply Chain Matters

OCTOBER 5, 2022

Separately, the United Nations Conference on Trade and Development (UNCTAD) warned this week that the world is on the brink of recession and that a global slowdown could potentially inflict more damage than the finance crisis in 2008 and the Covid-19 shock of 2020.

Price Reduction 52

Price Reduction Inventory Reduction Global Forecasting 52

Supply Chain Matters

JUNE 21, 2022

Since the inception of this blog in 2008, Supply Chain Matters has provided perspectives and takeaway thoughts from each annual report. GDP level, and a level not seen since 2008. Our perspectives stem from an outside-in end-to-end business process, management and cost adsorption lens vs. that reflected by logistics industry media.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Infosys Supply Chain Management

SEPTEMBER 22, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. This results in excessive response times, costs and inventory due to forecast inaccuracy. On the other hand manufacturers get plagued by obsolescence and inventory costs impacting margins. Customer Service.

Supply Chain Planning Software 27

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Infosys Supply Chain Management

JANUARY 13, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Todays WMS is a tightly integrated code between the intrinsic WMS functions like receiving, put away, inventory, picking, packing and shipping, which are the primary functionalities. Procurement Blog. Categories.

Supply Chain Planning Software 29

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Infosys Supply Chain Management

DECEMBER 29, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. While Best Buys snafu may ultimately turn out to be the most visible, it was not the only retailer or online commerce provider that experienced inventory fulfillment snafus. Business Process Outsourcing. Banking Suite.

Manufacturing Procurement 29

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Infosys Supply Chain Management

MARCH 27, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Inventory management will take on new dimensions for optimizing both physical store and online fulfillment requirements with multi-tier optimization an essential component. Procurement Blog. Customer Service.

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Strategy 29

NC State SCRC

SEPTEMBER 14, 2016

Jeff Townley, former Chief Procurement Officer at Nortel Networks, provided some fantastic insights in my MBA class this evening. ” The UGLY – “Nortel went to Chapter 11 in 2008. When they declared chapter 11 – they left Flex with $400M of inventory. They weren’t doing anything that others weren’t also doing.

Supply Chain Network Software 40

Supply Chain Network Software Negotiating Skills Supply Chain Design Software Six Sigma 40

NC State SCRC

OCTOBER 12, 2016

Stuart William was in one of my former MBA classes at NC State in 2008, and graduated into one of the worst economies ever in May of 2009. 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. in inventory, and well over double the sales volume.

Supply Chain Planning Software 40

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

Infosys Supply Chain Management

MAY 9, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. As a result, organizations end up either under stocked (that leads to lost customers) or overstocked (leading to unwanted inventory carrying costs). Procurement Blog. December 2008. November 2008.

Supply Chain Planning Software 29

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Infosys Supply Chain Management

NOVEMBER 28, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Brick and mortar retailers will have to balance total inventories among in-store and regional distribution center stocking plans, figuring out what channels are drawing the most consumer activity. Procurement Blog.

Agile and Lean Supply Chain 28

Agile and Lean Supply Chain Pharmaceutical Supply Chain Planning Software Supply Chain Planning 28

Infosys Supply Chain Management

SEPTEMBER 17, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Based on AMR Research, a 6% forecast improvement in MAPE could improve the perfect order compliance by 10% and deliver a 10-15% reduction in inventory. Procurement Blog. December 2008. November 2008.

Supply and Demand 30

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Infosys Supply Chain Management

MARCH 20, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. o Consolidate inventory for fulfillment i.e. use of a single pool of inventory to promise and fulfill orders across multiple ordering channels. Procurement Blog. December 2008. November 2008.

Manufacturing Procurement 24

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Infosys Supply Chain Management

DECEMBER 29, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. During the release process, if sufficient inventory is not available, order used to get backordered. Preorders are taken into the system without checking inventory. Business Process Outsourcing. Customer Service.

Optimal Sourcing 24

Optimal Sourcing Manufacturing Procurement Inventory Reduction Supply Chain Planning Software 24