The Logistics & Supply Chain Management Society

JULY 23, 2020

“When the world changes around you, and when it changes against you, what used to be a tailwind is now a headwind — you need to lean into that and figure out what to do because complaining isn’t a strategy.”. Just six years later, when the Japanese earthquake and tsunami of 2011 struck, Cisco was well prepared. Jeff Bezos, CEO, Amazon.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

SCMDOJO

MARCH 25, 2022

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. To briefly indicate its place, it should be remembered that war involves three divisions of labor: Strategy , Tactics and Logistics. Neil Southern, 2011). Neil Southern, 2011).

Supply Chain Planning Software 131

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 131

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. New Study Shows a Rise in US Company Inventories. Source: Commerce Dept. Source: SupplyChainDigest.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Enterra Insights

JANUARY 6, 2022

Pini Mandel, cofounder and CEO of Quicklizard, observes, “Ever since Borders bookstore realized it could no longer compete in 2011 and shut down all 399 of its stores, there’s been a steady stream of iconic stores that folded. Inventory turnover. Iconic chains, like Sears and K-Mart, seemed to vanish overnight. and Wayfair Inc.

Optimal Sourcing 173

Optimal Sourcing Retail Optimization Software Analytics Software 173

The Logistics & Supply Chain Management Society

JUNE 10, 2021

Global Supply Chain & Sourcing Director for ECCO Global Shoe Production & Sourcing. My projects in Malaysia, Philippines, China, Indonesia and eventually Vietnam, ranged from customer service and order fulfillment, shop-floor planning, inventory management, import/export and procurement.

Sourcing Strategies 162

Sourcing Strategies Manufacturing Procurement Material Savings Negotiating Skills 162

Supply Chain Shaman

AUGUST 13, 2021

In Figure 1, I highlight the significant shifts in my lifetime: Just four decades ago, McKinsey coined supply chain management as managing source, make, deliver, and plan together. In 2011-2014, companies experienced unprecedented growth, but the gap between commercial and operational teams grew. Then the Pandemic hit.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 195

Supply Chain Shaman

DECEMBER 17, 2018

In 2010-2011 Shell partnered with Terra Technology to roll-out demand sensing as a bolt-on to the SAP environment. 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. The Demand-Driven Journey Begins. Planting the Seeds.

Demand Planning Software 245

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 245

Enterra Insights

FEBRUARY 20, 2019

Back in 2011, supply chain analyst Trevor Miles ( @milesahead ) noted there is a similar sounding word supply chain managers should associate with VUCA. To make that point, Mortson lists ten different definitions for the term from various sources. Evaluate inventory policy, sourcing modifications, and commercial terms.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 113

ThroughPut

MAY 31, 2022

6 Strategies to supply chain resilience. Supply chain leaders largely adopt six main strategies to foster resilience: 1. Manufacturing network diversification: The US-China trade war has forced many businesses to consider diversifying their sourcing and manufacturing bases.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Inventory Reduction Supply Chain Strategy 52

QAD

OCTOBER 26, 2023

In the United States for example, many companies have been considering – and some already taken – strategies like near-shoring and reshoring. How will you make sure that unused returns go back into inventory instead of being scrapped? As a result, disruption can be a catalyst for positive change. What carriers are needed?

Supply Chain Disruption 94

Supply Chain Disruption Supply Chain Software Supply Chain Strategy Modeling 94

Talking Logistics

OCTOBER 6, 2014

It’s one of the most common questions I get these days from third-party logistics providers (3PLs), especially this time of the year as they’re finalizing their strategies for 2015 and beyond. They also saw inventory cost reductions of 12% compared to 9% globally and order fill rates move to 77% from 68%.

Mexico 183

Mexico Third Party Logistics Cost Reduction Strategies Inventory Reduction 183

Supply Chain Matters

SEPTEMBER 23, 2022

Implied is that these vehicles will remain as factory inventory until needed components arrive and customer or dealer orders can then be fulfilled. The Ford warning caused the company’s stock to fall 12 percent, the biggest one-day loss since 2011. sales organization and vehicle distribution strategies.

Cost Reduction Strategies 59

Cost Reduction Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Planning Software 59

Resilinc

JANUARY 18, 2022

spokesperson noted that beating GM was “not our goal, nor do we see it as sustainable,” the change in ranking is widely seen as a vindication of Toyota’s supply chain strategies. As reported in a recent Resilinc blog , supply chains for EV batteries and electric motors are also challenged by ethical sourcing concerns.

Supply Chain Visibility 62

Supply Chain Visibility Supply Chain Planning Software Agile and Lean Supply Chain Inventory Reduction 62

Resilinc

JANUARY 17, 2022

While Toyota was careful not to gloat, the change in ranking is widely seen as a vindication of Toyota’s supply chain strategies. Toyota’s competitive edge in supply chains was developed over a decade as it focused more on risk management and security of supply and less on efficiency and minimizing inventory costs.

Inventory Reduction 62

Inventory Reduction Sourcing Strategies Price Reduction Cost Reduction Strategies 62

Infosys Supply Chain Management

NOVEMBER 1, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Main | Demand Planning in CPG industry - Practising the Best Practices » The Upcoming 2011 Holiday Buying Season will again Test Retailer MCO and Supply Chain Capabilities. Business Process Outsourcing.

Eliminating Excel in Purchasing 30

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply and Demand 30

Infosys Supply Chain Management

DECEMBER 29, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. » The Real Headline for the 2011 Holiday Buying Season- Need for Balancing Retailer Online and Fulfillment Process Investments. Business Process Outsourcing. Customer Service. Finance & Accounting.

Manufacturing Procurement 29

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 29

Kinaxis

NOVEMBER 1, 2017

Supply chain planners (I’m lumping in all the silos, including demand, supply, inventory and capacity planning) today are dealing with challenges that were unimaginable when Lotus notes were the next big thing. 2011 – Japan earthquake / tsunami and Fukushima disaster. Times have changed. See 2014 side note). 2012 – Hurricane Sandy.

Network Optimization 158

Network Optimization Supply Chain Network Software Modeling Supply Chain Planning Software 158

CH Robinson Transportfolio

APRIL 1, 2020

Despite past lessons from 2003’s SARS outbreak and 2011’s Fukushima tsunami about the hidden weaknesses in their supply chains, companies are challenged to manage logistics concerns stemming from sourcing strategies and risk management. Lesson three: People first strategy. This can help further diversify the value chain.

Supply Chain Planning Software 44

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 44

CH Robinson Transportfolio

APRIL 2, 2020

Despite past lessons from 2003’s SARS outbreak and 2011’s Fukushima tsunami about the hidden weaknesses in their supply chains, companies are challenged to manage logistics concerns stemming from sourcing strategies and risk management. Lesson three: People first strategy. This can help further diversify the value chain.

Supply Chain Planning Software 44

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 44

Supply Chain Brain

OCTOBER 6, 2020

Even before COVID-19, supply-chain managers considered how to cope with supply-chain disruptions — from natural disasters like the 2011 Japanese tsunami to political developments such as the U.S.-China Supply-chain flexibility and responsiveness have never been more important as they are at present.

Supply Chain Software 43

Supply Chain Software Supply Chain Strategy Sourcing Strategies Supply Chain 43

SYSPRO Smarter ERP

MAY 18, 2022

was first coined in Germany in 2011 in response to a wave of new technological innovations including advances in AI, ML and cloud computing as well as data analytics. have disconnected digital initiatives that are often poorly aligned with the enterprise strategy and not focused on customer experiences. The term ‘industry 4.0’

Resource Reduction 105

Resource Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 105

SYSPRO Smarter ERP

MAY 18, 2022

was first coined in Germany in 2011 in response to a wave of new technological innovations including advances in AI, ML and cloud computing as well as data analytics. have disconnected digital initiatives that are often poorly aligned with the enterprise strategy and not focused on customer experiences. The term ‘industry 4.0’

Resource Reduction 98

Resource Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 98

Talking Logistics

MARCH 23, 2015

Here are some excerpts from the press release: Twitter is like no other data source in the world. They can also improve merchandising strategies and provide input to future product development. For example, according to an October 2011 Wall Street Journal article , “When Virginia’s magnitude 5.8 Are you a believer or a skeptic?

Supply Chain Software 100

Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software Supply Chain Strategy 100

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

Supply Chain Shaman

JANUARY 14, 2013

The example that I give in the first post is the focus of manufacturing strategies to drive strong results to improve Return on Assets (ROA) that have actually caused a deterioration in operating margin. In table 1, I compare ten-year averages (2001-2011) for food manufacturing companies. It was overhyped and largely underdelivered.

Supply Chain Planning Software 259

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 259

MIT Supply Chain

JULY 10, 2014

Supply chain strategies often include some sort of commitment to innovation, but if the organization is not set up to be truly innovative it’s an empty promise. However, although the supply chain strategy had served Lamynix well in the past, it masked a three-way conflict between cost, service and inventory.

Expense Reduction 96

Expense Reduction Inventory Reduction Cost Reduction Strategies Price Reduction 96

Resilinc

JANUARY 8, 2024

Contagion (2011) Despite being released nine years earlier, the synopsis for this movie sounds eerily similar to the COVID-19 pandemic—which is probably why this film has recently garnered attention. A nuclear disaster, as depicted in the film, would likely result in a reassessment of nuclear power as an energy source.

Los Angeles 91

Los Angeles Supply Chain Strategy Scenario Planning Supply Chain 91

Supply Chain Shaman

MARCH 8, 2016

In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The adoption of Terra’s products were brisk until 2011, but during 2012-2014 sales softened, resulting in employee layoffs and downsizing. The Company has a checkered past. I hope that this helps.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

GlobalTranz

AUGUST 9, 2016

The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Right Service.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120

MIT Supply Chain

OCTOBER 30, 2014

As the tsunami that devastated parts of Japan in 2011 and dislocated supply chains worldwide underlined, companies need to be better prepared to respond to a widening array of potential disruptions. Details such as parts numbers and the number of components sourced can be retrieved by clicking on a node. A broader view.

Manufacturing Procurement 76

Manufacturing Procurement Supply Chain Software Supply Chain Strategy Procurement Solutions 76

QAD

APRIL 15, 2021

Sourcing Selection – Suppliers should not be selected on piece cost alone, but rather the overall cost including quality, delivery performance, capacity, capability, adaptability and financial health of a supplier. We should proactively develop risk profiling of critical subcomponents/materials and define mitigation strategies (e.g.

Quality 75

Quality Cost Reduction Strategies Material Savings Inventory Reduction 75

Supply Chain Shaman

NOVEMBER 14, 2016

I followed his journey during the period of 2006-2011, and wanted to check in with him to gain his insights on the selection of VTech as a finalist in the Supply Chains to Admire research. Inventory Turns. Better performance in inventory turns than the peer group average for the period studied. Operating Margin. About VTech.

Supply Chain Planning Software 150

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

6 River Systems

JUNE 29, 2020

As global supply chains start the long process of recovery, supply chain management is in the spotlight, and new best practices and innovative strategies are emerging as supply chain leaders aim to reduce risk in an uncertain future. Develop alternative sources and diversify value chains. ” — Michael Varney and Wil G.

Supply Chain Planning Software 116

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

Unleashed

MAY 10, 2020

We’ll take a closer look at: Pull inventory systems. Pull inventory systems. A pull inventory system is a Lean approach to reducing waste in any production process. Just-in-time (JIT) is a lean management strategy that minimises the inventory held in order to reduce costs and increase efficiency. What is JIT?

Agile and Lean Supply Chain 72

Agile and Lean Supply Chain Waste Reduction Supply Chain Planning Software Supply Chain Design Software 72

Unleashed

APRIL 1, 2020

Review existing inventory management systems. The key to successfully pursuing these opportunities is knowing your core business and strategy inside out; that will guide you in making the right strategic decisions. Review existing inventory management systems. Focus on inventory management. Invest in technology.

Material Savings 106

Material Savings Inventory Reduction Inventory Management Software Supply Chain Planning Software 106

Kinaxis

JULY 8, 2015

On the other hand, I have worked with a company that within a few hours after learning about the Japan earthquake and tsunami of 2011, were able to determine the impact of supplier late deliveries and very quickly find alternate sources of supply. They already had a risk management strategy in place using what if scenarios.

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 100

Supply Chain Shaman

JANUARY 18, 2016

When we do these types of analysis, we look back at the data as far as we can reach (Y chart data is available only back to 2006 in a reliable form) and then we look at the period of 2006-2014 and the more recent period of 2011-2014. In parallel, take a closer look at inventory turns where only pharmaceutical companies made slight progress.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150