Talking Logistics

OCTOBER 18, 2013

Years from now, when we look back at 2013, we might say this was the year where logistics truly became a strategic weapon for companies. As the holiday season heats up, some interesting findings related to free shipping and mobile commerce from Shop.org’s eHoliday survey conducted by Prosper Insights & Analytics.

Logistics Network Optimization Software 141

Logistics Network Optimization Software Supply Chain Planning Software Logistics Optimization Software 141

Logistics Viewpoints

JUNE 1, 2023

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Talking Logistics

NOVEMBER 15, 2013

What I found most interesting, however, was something the company developed three years ago: The foundation [of Gap’s technology-drive strategies] was set three years ago when the company built a search engine that can locate every piece of inventory, which is instrumental in matching the demand with the assortment. Be Sociable, Share!

Logistics Network Optimization Software 132

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Risk Management Modeling 132

Enterra Insights

AUGUST 3, 2022

The only way to remain on top of these events is through the incorporation of big data analytics.”[3]. The Market Trends staff at Analytics Insight observe, “Advanced analytics is a collective term for a wide range of analytics techniques that make use of cutting-edge computing techniques such as machine learning. .”[4]

Data 130

Data Analytics Software Procurement Analytics Supply Chain Planning Software 130

Supply Chain Shaman

JUNE 24, 2022

The future inventory fire sale. One of my stark realizations this year is that smaller companies are beating larger and often more established companies on growth metrics, inventory turns, operating margin, and Return on Invested Capital (ROIC). (In The metrics selection resulted from work with Arizona State University in 2013.)

Supply Chain Planning Software 366

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 366

Supply Chain View from the Field

DECEMBER 16, 2013

2013 has certainly been an interesting year! I visited the BVL Kongress in Berlin, and also attended the International Institute for Analytics ”Chief Analytics Officer” meeting last summer. As 2013 comes to a close, here are some of my thoughts regarding the supply chain trends we are likely to see emerge in 2014.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chain Shaman

SEPTEMBER 17, 2014

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. We find that this is true of too few companies.

Optimal Sourcing 301

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 301

Supply Chain Shaman

JANUARY 28, 2015

In our work on the Supply Chains to Admire report , we tracked the progress of manufacturing, retailing and distribution companies for the period of 2006 to 2013 and 2009-2013. We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC).

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Movement

MARCH 6, 2013

The success of the third-party logistics industry is evident in the generally high marks given to 3PLs by respondents to a survey as part of the 2013 17th Annual Third Party Logistics Study, which identifies trends and explores how both 3PLs and shippers are using these relationships to improve and enhance their businesses and supply chains.

Third Party Logistics 60

Third Party Logistics Logistics Network Optimization Software Cost Reduction Strategies Inventory Reduction 60

Supply Chain Shaman

APRIL 16, 2014

On the 2nd of April, I sat before a board discussing how a company could exceed expectations in the delivery of Return on Invested Capital (ROIC) and superior operating margins and fail at the delivery of customer service and inventory. An Orbit Chart of Customer Service (Case Fill) Versus Inventory Turns. What are we doing well?

Supply Chain Design Software 279

Supply Chain Design Software Agile and Lean Supply Chain Modeling Supply Chain Planning Software 279

Supply Chain View from the Field

JULY 18, 2013

on August 12, 2013. Solutions focused on improving transparency of tier two suppliers, inventory and demand impede mitigation and force companies into reactive strategies. 9. This project was completed in April 2013, supported by international partners who collaborated on interviews and survey data collection.

Supply Chain Planning Software 60

Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction Material Savings 60

Demand Solutions

JUNE 1, 2020

Catastrophes like the fire in a Bangladeshi factory that killed over 100 workers, or the factory collapse in 2013 that killed over 1100 workers, are not only awful for the people involved, but can seriously impact the supply chain. Just like in textiles, many of the people making the clothes live in impoverished countries.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Software Waste Reduction Supply Chain Optimization 130

RFgen

SEPTEMBER 26, 2018

TABLE OF CONTENTS: The Current State of Inventory Management. Integrate and Optimize Inventory Workflows. Implement Inventory Management Software. Integrate ERP Data with Inventory Processes. While your inventory may be a crucial asset, these assets quickly turn into liabilities when not properly managed.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 52

RFgen

SEPTEMBER 26, 2018

TABLE OF CONTENTS: The Current State of Inventory Management. Integrate and Optimize Inventory Workflows. Implement Inventory Management Software. Integrate ERP Data with Inventory Processes. While your inventory may be a crucial asset, these assets quickly turn into liabilities when not properly managed.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 52

Enterra Insights

FEBRUARY 7, 2022

During the pandemic, the Enterra Solutions ® team honed our analytics platform and created the Enterra Global Insights and Decision Superiority System. Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”[5]. Those are inputs, not outputs. ”[8].

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Analytics Software Inventory Management Software 130

Supply Chain Shaman

MARCH 19, 2014

Instead, what I observed when I looked at the data, was that most companies that I had worked with (in my role as an industry analyst, I had worked with over 300) were going backwards on margin and inventory turns. Resiliency is the pattern at the intersection of operating margin and inventory turns. “Ugh,” I said.

Gartner 312

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 312

MIT Supply Chain

MAY 16, 2013

Inventory mismanagement. Ingrained attitudes can block better inventory practices. Depending on which corporate silo you belong to, inventory can be a liability, an asset, or something in between. How do supply chain (SC) professionals overcome these biases and implement optimal inventory management solutions?

Inventory Reduction 78

Inventory Reduction Inventory Inventory Management Software Modeling 78

Supply Chain Shaman

FEBRUARY 23, 2017

The composite of metrics includes growth, operating margin, inventory turns and Return on Invested Capital.) We group companies by NAICS codes to study year-over-progress at the intersection of operating margin and inventory turns. Inventory Turns. We eliminate the lower 1/3 of companies for the period from consideration.

Agile and Lean Supply Chain 154

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Supply Chain Shaman

JULY 22, 2013

This morning, I woke to receive this email in my inbox: Good morning Lora, I have read with pleasure the insightful report related to SC 2020 (race for Supply Chain – April 2013). Invest in new forms of cloud-based self-service analytics. Start work on new forms of analytics and big data. I love hearing from blog readers.

Supply and Demand 232

Supply and Demand Supply Chain Design Software Modeling Supply Chain Planning Software 232

ToolsGroup

APRIL 5, 2016

By the fall of 2013 most stores had opened, but the launch had gone badly. Target employed JDA Software for demand forecasting and inventory replenishment. Inventory overflowed in distribution centers and hastily rented storage facilities. Data for roughly 75,000 different products was fed from SAP, according to the article.

Supply Chain Planning Software 120

Supply Chain Planning Software Modeling Software Forecasting Software Predictive Analytics Software 120

SCMDOJO

SEPTEMBER 4, 2023

LSPs generally endow tremendous inventory management and warehousing solutions, conveyance of orders and international logistics. It also covers logistical IT systems and analytical services for track & trace of the status of various products’ transportation. In addition, it deals with a variety of roadblocks that arise.

Logistics Network Optimization Software 94

Logistics Network Optimization Software Negotiating Skills 3PL Negotiate Pricing 94

Supply Chain Shaman

JANUARY 22, 2013

It requires new forms of analytics, cloud-based solutions and the design of packaged applications from the consumer back. I have a short list of retailers that I am watching that I think will fail in 2013 due to the lack of this understanding. Traditional solutions cannot be retrofitted. Today, it matters more than ever.

Supply Chain Design Software 234

Supply Chain Design Software Analytics Software Supply Chain Network Software Modeling Software 234

Enterra Insights

JULY 31, 2019

Cloud-based platforms that enable real-time decision making based on accurate big data — generated through traditional processes as well as the growing prevalence of sensors — and predictive analytics powered by machine learning is changing the way companies approach supply chain management.” Good analytics begin with good data.

Supply Chain Planning Software 100

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

Talking Logistics

MAY 13, 2015

And yet, prior to replacing a legacy inventory management system and implementing a supply chain analytics solution from FusionOps , the share of merchandise the company delivered on-time and in-full was a dismal 28 percent! Columbia did that while expanding its inventories by only about 17% year-over-year.

Supply Chain Software 100

Supply Chain Software Procurement Analytics Analytics Software Supply Chain 100

Supply Chain Shaman

JUNE 14, 2014

” Institute for Manufacturing, 2013. __. In Figure 1, I share a composite orbit chart of progress of Cisco Systems, Intel, Samsung and Flextronics on the Effective Frontier at the intersection of inventory turns and operating margin for 2006-2012. How value chain activities are carried out determines costs and affects profits.”

Optimal Sourcing 283

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 283

Supply Chain Shaman

DECEMBER 17, 2018

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. Over this period of 2013-2014 Shell made good progress on inventory, but faced unprecedented supply price volatility. The implementation was very successful.

Demand Planning Software 245

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

Enterra Insights

JUNE 23, 2021

He explains, “Many of the strategic priorities on the minds of CIOs and other IT leaders — think data and analytics, AI and machine learning, blockchain, and security, to name a handful of examples — are likewise playing increasing roles in supply chain planning and management.” eft, 1 February 2013. [7] 8] Michael C.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Analytics Software Predictive Analytics Software 130

Supply Chain Shaman

MAY 5, 2017

In 2013 the Demand-Driven Institute redefined the term “demand-driven,” giving it a very different meaning than the Demand-Driven Value Network concept defined by AMR Research in 1996. 3) Use the probability of demand (not the fixed numbers) to drive the flows and buffer strategies for inventory and material planning.

Supply and Demand 169

Supply and Demand Modeling Demand Planning Software Supply Chain Planning Software 169

NC State SCRC

APRIL 2, 2023

Services that can be shared among the various business units of a company include finance, purchasing, inventory, payroll, hiring, and information technology. Retrieved on 2013-07-26 The post Supply Chain Executives are building “Centers of Excellence” – because they support business strategies!

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. How the Use of Big Data Analytics Affects Value Creation in Supply Chain Management. no opt-in). Preston, D. S., & Swink, M.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

Enterra Insights

JUNE 17, 2020

Technologies like blockchain, data analytics, cloud computing, etc. Advanced analytics & AI. Only for turkeys. ” eft , 1 February 2013. [4] have transformed the sector. Moreover, new consumer-connect technologies have placed huge and novel demands on supply chain system.” Data-as-a-service (DaaS). Footnotes. [1]

Supply Chain Planning Software 130

Supply Chain Planning Software Sourcing Strategies Supply Chain Software Supply Chain Strategy 130

ToolsGroup

MARCH 29, 2016

November 10, 2013. You must integrate core functions like demand forecasting, fulfilment and replenishment with next-level functionality like demand sensing and trade promotion modelling to provide insight into demand signals, inventory behavior, and supply chain volatility. Let me explain. The standalone demand sensing king is dead.

Supply Chain Planning Software 120

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Modeling Software 120

BlueYonder

JANUARY 17, 2013

This back-to-the-basics approach is what defines a rational pricing strategy, which involves understanding demand, customers’ willingness to pay, available inventory and overall market conditions. And yes, augmenting these pricing decisions by leveraging social media Big Data is the next analytical step hotels should take.

Supply Chain Design Software 60

Supply Chain Design Software Forecasting Software Demand Planning Software Supply Chain Software 60

Freightos

MARCH 3, 2015

During the 2014 holiday season in the US, IBM Digital Analytics estimated that 25% of US online sales were via mobile. Inventory management and replenishment as well as reverse logistics can now be managed by mobile as well as payments. The UPS Store (@TheUPSStore) July 31, 2013. Gartner expects 3D printer sales to reach $13.4

Supply Chain Software 120

Supply Chain Software Gartner Innovation Supply Chain Optimization 120

Supply Chain Shaman

FEBRUARY 21, 2016

was presented in 2013. Virtualization: a virtual copy of the Smart Factory created by linking sensor data (from monitoring physical processes) with virtual plant models and simulation analytics. Stuck today, nine out of ten companies struggle to improve performance at the intersection of operating margin and inventory turns.

South Carolina 180

South Carolina Supply Chain Design Software Supply Chain Network Software Modeling Software 180

GlobalTranz

SEPTEMBER 7, 2016

Instead, a quick scan of a barcode label or asset inventory ID tag streamlines the data collection process, making all available information relevant to an asset immediately available company-wide with the use of cloud-based asset tracking system. But these innovations don’t always come easily.

Supply Chain Disruption 120

Supply Chain Disruption Supply Chain Software Logistics Network Optimization Software Analytics Software 120

Kinaxis

SEPTEMBER 16, 2014

While other “lists” use ROA, Inventory Turns and Revenue Growth, I find Lora’s science very objective. She is analyzing growth, inventory turns, operating margin, and return on invested capital, performance and improvement over time. . “ Value of supply chain planning and analytics. Strong horizontal processes.

Supply Chain Planning Software 279

Supply Chain Planning Software Gartner Supply Chain Design Software Agile and Lean Supply Chain 279