Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. 2013 has certainly been an interesting year! Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chain Shaman

JUNE 15, 2018

The field of supply chain management–combining source, make and deliver–into a common process started in 1982. My caution is not so fast… 95% of companies are not making progress at the intersection of growth, operating margin, inventory turns and asset strategies. The evolution sprung from chaos. Defining a Titan.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. He founded FourKites in 2014 after recognizing pain points in the logistics industry and designing elegant and effective systems to address them. And what is sitting in the warehouse. And at the cross-dock.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. We never ran out of or had too much inventory.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

Supply Chain Insights

SEPTEMBER 9, 2014

It is the end of a two-year research project, and identifies which publicly held companies outperformed their peer group on balance sheet results. Here we share the answers to the questions that we get the most often about this research: What is the source of data? We built peer groups based on like industries.

Pharmaceutical 179

Pharmaceutical Gartner Supply Chain Design Software Supply Chain Design 179

Supply Chain Matters

MARCH 28, 2024

Included in this update are updates involving Fisker , Lucid Group , Volkswagen and BYD. The UAW has fallen short in two prior votes to organize the Chattanooga facility — in 2014 and 2019, both times by narrow margins. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Supply Chain Strategy 52

Supply Chain Strategy Supply Chain Procurement Analytics Supply and Demand 52

ToolsGroup

JULY 26, 2016

Boston Consulting Group talks about how the “endless aisles” of the internet and omni-channel sales increase product assortment. Across the CPG industry, demand forecast errors increased in 2014 and were unchanged in 2015, according to Gartner analyst Steve Steutermann. Leverage Inventory More Effectively.

Forecasting 120

Forecasting Supply and Demand Optimal Sourcing Inventory Reduction 120

Supply Chain Matters

MARCH 5, 2022

Lee Partners , an investor in automation and supply chain; and SoftBank Vision Fund 2 , which is part of the SoftBank Group. Global Healthcare Exchange (GHX) announced that the company has acquired Tampa, Florida -based Syft® , a provider of AI -enhanced inventory control and end-to-end supply chain management software and services.

Supply Chain Planning Software 52

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Supply Chain Matters

APRIL 14, 2023

Leading this round was Morgan Stanley Investment Management with added participation from StepStone Group and Columbia Capital. It further helps in the ability to foster singular inventory management to support customer demand from both online and in-store buying channels. million in Series A financing. All rights reserved.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 52

Supply Chain Shaman

JULY 19, 2015

In most ‘benchmarking activities’, self-reported data is the most common source. However, for elements like forecast error, customer service and slow-moving inventory self-reported data is not sufficient. 4) Best Forecasters do not Have the Best Inventory Results. Self-reporting of data does not meet this standard.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

Elementum

OCTOBER 8, 2015

Smartphone users in India doubled from 2013-2014, from 51 million to 104 million. In 2011, Nigerian startup Mall for Africa, which ships American brands to Nigerian consumers, took in $17 million in 2014. Another e-commerce platform, Konga, saw revenues grow 450 percent in 2014. The market is there. and Sequoia Capita l.

Kenya 60

Kenya Indonesia Africa Purchasing Skills 60

GlobalTranz

AUGUST 17, 2015

In May, 2014 Raytheon gathered a group of its largest suppliers in Boston, MA to discuss the launch of the company’s Supplier Advisory Council. The company also realized a 10% increase in stock price since the summer of 2014, in a highly competitive and regulated market. Connect your supply chain. Manage working capital.

Sourcing Strategies 120

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction Strategies 120

IQMS

JULY 11, 2019

Source: Smartening up with Artificial Intelligence (AI) – What’s in it for Germany and its Industrial Sector? (52 Asset Management, Supply Chain Management, and Inventory Management are the hottest areas of artificial intelligence, machine learning and IoT adoption in manufacturing today. PDF, no opt-in) McKinsey & Company.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Supply Chain View from the Field

NOVEMBER 10, 2014

I was attending the Zycus Horizons 2014 conference at Amelia Island today, listening to speakers. Chris Sawchuck from the Hackett Group interviewed three heads of procurement from three large companies, and asked an important question. If you haven’t seen the movie or read the book, it is a great story in leadership.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

Enterra Insights

JULY 27, 2021

Businesses need to: Drive planning processes that strive to reduce emissions and satisfy demand with sustainable, ethically-sourced supply. Increase forecasting accuracy to reduce obsolete inventory. 4] Markus Zils, “ Moving toward a circular economy ,” McKinsey & Company, February 2014. [5] ” Implement.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 100

Material Handling & Logistics

DECEMBER 2, 2018

Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. At automaker BMW Group, for instance, plant employees can walk up to seven miles per day. Top 10 Supply Chain Innovations of 2015 : solar-powered vessel, robot dispatcher, 3-D printed flight parts, and more.

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Innovation 110

Logistics Viewpoints

AUGUST 9, 2022

While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management?

Inventory Management Software 223

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 223

Logistics Bureau

JANUARY 7, 2020

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Pioneered the use of vendor-managed inventory. Inventory shortages.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

Supply Chain Shaman

MAY 14, 2013

Financial ratios allow us to analyze performance across the peer group (large against small companies) and across currencies. We also look for companies that have out-performed their peer groups. When companies look at singular metrics (labor costs or inventory), they have moved backwards. We look for year-over-year improvement.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 255

Talking Logistics

DECEMBER 4, 2017

Command Alkon organized a Leadership Roundtable with a select group of industry executives from all segments of the HBM ecosystem to discuss “The Data We Have vs. The Information We Need.” It acquired FiveCubits , a software-as-a-service provider of fleet management and mobile computing solutions tailored for the HBM industry, back in 2014.

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

Talking Logistics

JULY 10, 2015

Here is a photo of the Flex Pulse Center: Flextronics is basically building upon its investment in Elementum , a supply chain software start-up it spun off in February 2014 (see my comments at the time ). It’s a funny coincidence that both companies use the term “Flex” in their solution names.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 100

GlobalTranz

JULY 24, 2015

From the person who sources the original wood from a tree to the company that delivers the finished desk to the store: they all need to effectively fit under the supply chain management umbrella. On December 16, 2014, the President signed the Revitalize American Manufacturing Act, into law. We have included the infographic below.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Manufacturing 120

Supply Chain Shaman

JANUARY 28, 2015

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). Second Phase: 2006-2014. We are targeting much improved end-to-end planning in response to multiple demand sources. We are on the journey. Today, talent is at a premium.

Supply Chain Design Software 150

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

Material Handling & Logistics

DECEMBER 11, 2017

Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. Top 10 Supply Chain Innovations of 2015 : solar-powered vessel, robot dispatcher, 3-D printed flight parts, and more. Supply Chain Innovators of 2013 : paperless food chain, VLMs, cold chain fleet management, and more.

Supply Chain Design Software 101

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Software 101

RFgen

APRIL 6, 2016

A report created by the Material Handling Industry trade group concluded supply chains will need to hire 270,000 employees per year between 2014 and 2018, according to Fortune. Satisfied workers often make excellent sources for future talent references. The supply chain logistics industry may have a staffing problem.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Buyer Training Supply Chain Design 52

RFgen

APRIL 6, 2016

A report created by the Material Handling Industry trade group concluded supply chains will need to hire 270,000 employees per year between 2014 and 2018, according to Fortune. Satisfied workers often make excellent sources for future talent references. The supply chain logistics industry may have a staffing problem.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Buyer Training Supply Chain Design 52

Supply Chain View from the Field

SEPTEMBER 3, 2015

This group was composed of notable academics, as well as representatives from government and NGO’s – helping to shape the discussion on biofuels. Some of the recommendations I made to the group are discussed here in this blog, and published in the latest edition of Industrial Biotechnology journal.

Manufacturing Procurement 60

Manufacturing Procurement Chemicals Supply Chain Design Software Purchasing Skills 60

Supply Chain Shaman

JUNE 13, 2014

Nine out of ten companies are not making progress at the intersection of inventory turns and operating margins. In one peer group, there are two companies. The second company reads market data through syndicated sources. I think that we are poised for the third act of supply chain technologies. The reason? Today, we are stuck.

Big Data 282

Big Data Supply Chain Planning Software Analytics Software Supply and Demand 282

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. When we compare the results of P&G to its peer group for 2012-2021, P&G outperforms in inventory turns and margin but underperforms in growth and asset utilization. Was this by design?

Procurement Analytics 345

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 345

RFgen

AUGUST 14, 2017

In 2014, Massachusetts resident Pierre Picone pleaded guilty to selling counterfeit integrated circuits (IC) to the U.S. Based on its findings, the SASC formed eight conclusions, including: Most counterfeit electronic parts in the defense supply chain are sourced from China. Navy over the course of 5 years.

Aerospace 52

Aerospace Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 52

Logistics Viewpoints

APRIL 25, 2024

So, the parking spots are getting more and more occupied with drop trailers, meaning lot capacity shrinks while finding the trailer with the highest-priority inventory becomes even harder. He founded FourKites in 2014 after recognizing pain points in the logistics industry and designing elegant and effective systems to address them.

Expense Reduction 228

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 228

BlueYonder

AUGUST 28, 2014

Anand: According to our 2014 data, the biggest opportunity for improvement in retail lies in the execution piece. There is no in-depth integration with the different sources of data, which includes product affinity, price elasticity, sourcing data, and order management data. There are two sets of capabilities required.

Optimal Sourcing 56

Optimal Sourcing Price Reduction Supply Chain Planning Software Research 56

RFgen

DECEMBER 3, 2015

Introducing products to foreign markets increases exposure to brand new consumer groups. Business information organization Bureau Van Dijk said the number of companies worrying about international political stability increased 20 percent between 2013 and 2014 in a Supply Chain Management World report.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Supply Chain Planning Global 52

RFgen

DECEMBER 3, 2015

Introducing products to foreign markets increases exposure to brand new consumer groups. Business information organization Bureau Van Dijk said the number of companies worrying about international political stability increased 20 percent between 2013 and 2014 in a Supply Chain Management World report.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Supply Chain Planning Global 52

DynaSys

DECEMBER 8, 2021

We now are the group EssilorLuxottica. . The goal with production restart was not to produce too much of the wrong inventory. Does it mean you have included the sourcing and procurement departments in your global S&OP meetings? As well in terms of inventory control, QAD DynaSys solutions allowed us to save 0.2

S&OP 52

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Supply Chain Shaman

FEBRUARY 25, 2016

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Short cycles require buffer inventories and short lead times. source Moody’s). Let me explain.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Supply Chain Shaman

AUGUST 26, 2015

” Today, I know of less than twenty-five companies that actively sense demand, and while we talk about the use of channel data and the building of demand sensing processes to use channel data, it is still an elite group of supply chain leaders that are perfecting the techniques. And, what will signal an upturn?”

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150