GlobalTranz

JANUARY 8, 2015

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits.

Inventory Reduction 120

Inventory Reduction Agile and Lean Supply Chain Lean Waste Reduction 120

ToolsGroup

JUNE 11, 2020

SKF’s use of a digital twin for analytics to support integrated planning demonstrated exceptional supply chain innovation. According to Gartner, “the Gartner Supply Chainnovator Awards is an annual research program that identifies, assesses and awards outstanding examples of Supply Chain Innovation.

Gartner 248

Gartner Supply Chain Planning Software Supply Chain Software Optimization Software 248

Supply Chain Shaman

JUNE 15, 2018

Supply chain leaders are competitive. The field of supply chain management–combining source, make and deliver–into a common process started in 1982. Now in 2018, we are starting to see the evolution of “Gods” with new business models that are redefining supply chain processes.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Supply Chain Shaman

MARCH 27, 2014

I also continued to work on the manuscript for the book Metrics That Matter to publish in the fall of 2014. It replaces rules-based consumption in demand planning, and will improve short-term forecasting by 30-35%. The average client that has implemented demand sensing technologies has reduced inventory by 11%.

Supply and Demand 281

Supply and Demand Inventory Reduction Demand Planning Software Forecasting Software 281

ToolsGroup

JULY 26, 2016

The Boston Consulting Group said at the 2015 Grocery Manufacturers Association/Food Marketing Institute (GMA/FMI) supply chain conference that 22% of polled respondents said less accurate forecasts were one of their top hurdles to improving service. They don’t know how to segregate, forecast or inventory these “extreme error” items.

Forecasting 120

Forecasting Supply and Demand Optimal Sourcing Inventory Reduction 120

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. It is a story of supply chain innovation. The product naming convention changed to Demand Sensing (DS) in 2005. Let’s start by taking a look at history.

Supply Chain Planning Software 150

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

Supply Chain Shaman

AUGUST 26, 2015

Markets drive supply chains. As the markets plummet, it is time to remind ourselves that demand is not a forecast. The supply chain needs to respond to market demand and consumer sentiment. Traditional supply chain processes do not sense. They respond. This is a major disconnect. They are not.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150