Supply Chain Shaman

JUNE 21, 2023

We find that the companies with the most marked improvement in a balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) are smaller and less well-known. The company’s focus on item proliferation resulted in 40% of items moving into a non-forecastable category.

Gartner 391

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 391

Talking Logistics

AUGUST 23, 2013

I went to Home Depot earlier this week to return a purchase, and the customer in front of me wanted to exchange a defective power tool with the same model, but he couldn’t find any on the shelf even though the store’s inventory system said 5 units were in stock. Manhattan Associates Launches 2013 Inventory Optimization Release.

Prescriptive Analytics Software 141

Prescriptive Analytics Software Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 141

Talking Logistics

JUNE 28, 2013

ATA Releases Latest Freight Forecast, Projecting Strong Trucking Growth. NAFTA Trade in April 2013. Menlo Worldwide Logistics and Temasek Polytechnic Establish Scholarship Programme, Announce 2013 Winners. According to the forecast, overall freight revenue will grow by 63.6 Trucks Transported 60.6% percent to $1.3

Logistics Network Optimization Software 145

Logistics Network Optimization Software Supply Chain Design Software Rail Software Forecasting Software 145

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. Minimizing waste in grocery retailers starts with accurate and robust demand forecasting.

Supply Chain Planning Software 195

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

SCMDOJO

JANUARY 23, 2023

List of Top 10 Supply Chain Analytics Books 1) Supply Chain Metrics that Matter (Wiley Corporate F&A) 1st Edition This book offers an in-depth guide to understanding the link between corporate financials and supply chain maturity, evaluating the progress of over a hundred companies from 2006-2013.

Prescriptive Analytics Software 122

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 122

Talking Logistics

MAY 17, 2013

What I found most interesting, however, was this statistic quoted in the press release: “According to the Pew Internet & American Life Project, as of January 2013, 31 percent of American adults own a tablet computer , up from 25 percent in August 2012 and four percent in 2010.” Song of the Week: “Stubborn Love” by The Lumineers.

Logistics Network Optimization Software 145

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 145

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 272

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 272

Logistics Viewpoints

SEPTEMBER 6, 2023

Together, these capabilities support the proactive shipping of packages toward potential customer destinations in a manner designed to improve customer experience (timeliness) with low inventory handling and transportation costs. Packages with selected inventory are shipped to a geographical area without specifying a final delivery address.

Shipping 237

Shipping Inventory Reduction Predictive Analytics Software Cost Reduction Strategies 237

Supply Chain Shaman

JUNE 19, 2013

Early 2012 marked the end of the third decade and 2013 finds us into the fourth. Companies are stalled on improving customer service and forecast accuracy. It comes in many flavors–increase in inventory, changes in sales policies, new product lines– all add to the complexity. Balance Remains an Issue.

Forecasting 276

Forecasting Supply Chain Planning Software Agile and Lean Supply Chain Forecasting Software 276

Demand Solutions

JUNE 1, 2020

With big companies like Forever 21 having solvency problems, it becomes apparent that any weakness in supply chain or demand forecasting can seriously hurt a fashion company. Spend more effort in customer demand forecasting. The fashion industry is well known for being a tough business.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Software Waste Reduction Supply Chain Optimization 130

ToolsGroup

MARCH 29, 2016

It drives improved short-term forecast accuracy, helps create responsive replenishment , and usually offers a good ROI. November 10, 2013. Demand sensing began as standalone functionality, replacing rules-based forecast consumption with the higher math of statistics and pattern recognition.

Supply Chain Planning Software 120

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

Logistics Viewpoints

JANUARY 28, 2022

He changed the course of the 2013 playoffs with his game-tying grand slam against the Tigers that sent Tori Hunter tumbling over the right field wall and into the Red Sox bullpen. Forecast says US drayage rates will continue to rise in Q1. Walmart makes an investment in vertical farming start-up Plenty.

Logistics Network Optimization Software 213

Logistics Network Optimization Software Logistics India Mexico 213

Supply Chain Shaman

NOVEMBER 14, 2016

Inventory Turns. Better performance in inventory turns than the peer group average for the period studied. Orbit Chart of VTech for the Period of 2006-2015 at the Intersection of Operating Margin and Inventory Turns . When we acquired the rights to the ATT product, there were large inventory write-offs. Operating Margin.

Supply Chain Planning Software 150

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

Talking Logistics

NOVEMBER 21, 2017

Drones are enabling organizations to use employees more efficiently and improve inventory accuracy in a world where consumers want everything cheap and now. Every company on the planet that has a significant supply chain operation is plagued by inventory reconciliation problems. The only debate would be the scale of the problem.

Inventory Reduction 56

Inventory Reduction Inventory Inventory Management Software Supply Chain Software 56

Supply Chain Movement

SEPTEMBER 10, 2013

Finn-Tack invited Barloworld Supply Chain Software (SCS) to evaluate the future requirements of the company with a view of implementing a robust inventory and demand management solution capable of delivering significant inventory reductions across all of its warehouses.

Demand Planning Software 84

Demand Planning Software Supply and Demand Procurement Solutions Demand Management 84

Supply Chain Shaman

JUNE 30, 2018

Energizer and Unilever are driving the fastest rates of improvement and Clorox and P&G improvement rates are the slowest on the Metrics That Matter of Growth, Operating Margin, Inventory Turns, and Return on Invested Capital (ROIC)). Average Performance Metrics for Consumer Nondurable Industry for the Period of 2010-2017. What Is Risk?

Supply Chain Design Software 170

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 170

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. During the rollout, the article states, Target Canada could not generate “meaningful” sales forecasts, and therefore had to rely on projections developed at U.S.

Supply Chain Planning Software 120

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

Kinaxis

JUNE 2, 2017

According to data from Gartner’s 2013 S&OP Maturity Research Study, higher maturity businesses saw a 5.6% Inventory down 7%. Forecast accuracy up 23%. Inventory down 9%. Expedited shipments down 30%> Forecast accuracy up 20%. Inventory down 40%. Inventory down 12%. Forecast accuracy up 31%.

S&OP 111

S&OP Supply and Demand Forecasting Inventory Reduction 111

GlobalTranz

MAY 13, 2015

Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 restaurant industry made in 2013. About 81% of Walmart merchandise passed through those centers in 2013, the website said. Decades in the Making.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

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). Focus on market drivers, and the use of channel data, and less on sales and marketing forecasting. I love hearing from blog readers. Establish a True North.

Supply and Demand 236

Supply and Demand Supply Chain Design Software Modeling Supply Chain Planning Software 236

Supply Chain Shaman

AUGUST 30, 2014

Team members need to be held equally accountable for growth, inventory, profitability, customer service, and forecast accuracy. Today, most companies are struggling with the ability to improve operating margins and reduce inventory levels. Demand Supply Chain alignment inventory turns Sales and operations planning'

S&OP 269

S&OP Supply Chain Planning Software Supply Chain Planning Forecasting Software 269

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. However, we disagree on the principles of forecasting and the use of demand sensing technologies. Form and Function of Inventory.

Supply and Demand 174

Supply and Demand Modeling Demand Planning Software Supply Chain Planning Software 174

Demand Solutions

OCTOBER 9, 2013

All kidding aside, unforeseen spikes in demand are a fact of life for forecasters and planners. For all the good his advice does for the health and wellbeing of his acolytes, Dr. Oz is occasionally hazardous to the health of forecasters. Spikes in history will distort your future forecasts. A lengthy profile in the Feb.

Forecasting 100

Forecasting Forecasting Software Supply Chain Design Software Supply Chain Planning Software 100

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 313

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 313

SCMDOJO

APRIL 22, 2022

A good example would be the Rana Plaza Tragedy of 2013. The tokenization system will also improvise how inventories are managed in the supply chain. Supply chain collaboration is of recent origin where the industry witnessed VMI (Vendor Managed Inventory) & CPFR (Collaborative Planning Forecasting & Replenishment).

Supply Chain Planning Software 137

Supply Chain Planning Software Pharmaceutical Supply Chain Software Supply Chain Planning 137

Enterra Insights

FEBRUARY 7, 2022

Automating processes for improved inventory turnovers. 56% of companies said that cognitive computing would transform their forecasting capabilities, 55% said that it would do the same for risk and security management, and 55% said that it could redefine the customer experience.”[8]. eft, 1 February 2013. [4] ”[8].

Supply Chain Planning Software 130

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

The Network Effect

NOVEMBER 21, 2014

The best way to achieve this is to provide a single, global view of all inventory available in order to intelligently source the line item components of that order, ensuring that the business can meet both current and future customer demand while optimizing inventory, logistics, and asset utilization.

Real-time Visibility 181

Real-time Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 181

Supply Chain Shaman

JUNE 6, 2015

Most business leaders do not realize that with the increasing long tail of the supply chain that the forecastability–the ability to forecast the supply chain–is getting worse. As a result, we can push and push on forecasting processes and not drive improvement. Most companies want to be demand-driven. My reasoning?

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

MARCH 8, 2016

The initial software product release name was Real-Time Forecasting. DS replaced rules-based forecast consumption with better math (statistics and pattern recognition). In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting.

Supply Chain Planning Software 150

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

Herlitz Inventory Management

JULY 7, 2021

Growing up with a father who developed inventory management software for a living spawned some interesting conversations around the dinner table. It hasn’t been lost here at Herlitz Inventory Management! Since 2009, when Herlitz Inventory Management was founded, annual inflation has been below 3 percent in the US. Sequestration.

Pricing Training 52

Pricing Training Purchasing Training Negotiating Skills Inventory Management Software 52

Supply Chain Shaman

MARCH 6, 2015

In the process of compiling the Supply Chains to Admire report for last year’s Supply Chain Insights Global Summit , the research team at Supply Chain Insights calculated the rate of supply chain improvement of companies by industry for the period of 2006-2013 and 2009-2013. One example was the journey to improve forecast accuracy.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 150

Talking Logistics

MARCH 4, 2016

In recent quarters, Target has struggled with inventory shortfalls as it tried to cater to online and in-store shoppers at the same time. Terra’s Demand Sensing capabilities allow companies to combine massive amounts of data from the supply chain to leverage demand signals which dramatically improve forecast accuracy.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Forecasting Software Supply Chain Network Software 0

Supply Chain Shaman

SEPTEMBER 2, 2014

In this report, we track the progress on balance sheet performance of companies by peer group and chart the relative improvement for the period of 2006-2013. He thinks that if you forecast high that you are going to sell more , than you will sell more. This work has taken us two years to finish.

Supply Chain Planning Software 305

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 305

Logility

JANUARY 22, 2014

Against this backdrop, it is interesting that many companies still depend on spreadsheets for demand planning and S&OP , as noted in the recent survey by APICS ( see Are Spreadsheets the Answer , SC Digest, September 2013 ). These low scorers report forecast inaccuracy, and demand planning as their biggest headaches. I think so.

Demand Planning Software 101

Demand Planning Software Supply and Demand Supply Chain Planning Software Demand Management 101

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.

Supply Chain Design Software 281

Supply Chain Design Software Agile and Lean Supply Chain Modeling Supply Chain Planning Software 281

Supply Chain Movement

SEPTEMBER 28, 2016

March 2013 was the coldest in decades for much of Europe and the eastern United States. Hennes & Mauritz (H&M), the Swedish apparel giant, reported lower like-for-like sales in the first quarter of 2013 and attributed the fall to the unusually cold weather. Businesses must manage speed. By IMD Professor Carlos Cordón.

Modeling 60

Modeling Pharmaceutical Supply Chain Optimization Agile and Lean Supply Chain 60

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. 2013 – Massive tornado packing 200 mph winds in the Oklahoma City area. Times have changed. 2015 – Nepal earthquake, 7.8

Network Optimization 158

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