Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. The manuscript is due to Wiley on March 1st for an August 2014 publish date. I need it for my conference on September 10th-11th, 2014. Which metrics do you think matter to supply chain excellence?

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

Supply Chain Shaman

NOVEMBER 20, 2014

At the end of 2014, many leaders that I work with are preparing their 2015 strategies. The word digital is everywhere in their presentations– digital path to purchase, digital agriculture, and digital manufacturing. Big Data and Analytics: We are also completing a study on big data and advanced analytics.

Analytics Software 291

Analytics Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 291

Enterra Insights

JUNE 22, 2023

With the maturation of artificial intelligence (AI) systems, predictive analytics have grown in importance. The difference between traditional forecasting and predictive analytics is granularity. In contrast, forecasting provides overall aggregate estimates, such as the total number of purchases next quarter.

Supply Chain Performance 130

Supply Chain Performance Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 130

Supply Chain Shaman

SEPTEMBER 20, 2015

I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. Orbit Chart for SanDisk for 2006-2014. Most supply chain planning teams do not know their customers.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Movement

JUNE 6, 2014

– The Netherlands, 5 June 2014 – Jeroen van Weesep from Lego is the new figurehead of Dutch supply chain management. DnA Languages presented the Supply Chain Professional 2014 with a personal prize: a language course of his choice. The 2014 finalists. Erik Botter, Director Purchasing & Logistics at Pearle Benelux (2012).

Supply Chain Strategy 97

Supply Chain Strategy Supply Chain Planning Supply Chain Europe 97

Supply Chain Shaman

DECEMBER 23, 2014

In 2014, ecommerce strategies grew in importance. Get Good at Having a Real-time Perpetual Inventory Signal. Foundational for ecommerce is a real-time perpetual inventory (PI) signal. If you are going to be excellent at ecommerce fulfillment, you need to have great perpetual inventory capabilities. Details matter.

Packaging 289

Packaging Inventory Reduction Supply Chain Design Software San Francisco 289

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Matters

APRIL 18, 2024

That number is the highest reported since 2014, including the period of the Covid-19 pandemic during the years 2020 to 2023. Thus, this commentary will not be a regurgitation of media headlines and reporting. That is already occurring not only in mass media but industry focused reporting.

Manufacturing Procurement 52

Manufacturing Procurement Pharmaceutical Purchasing Skills Sourcing Strategies 52

Unleashed

MARCH 22, 2022

Alex Campbell founded Good Buzz Kombucha in 2014 after struggling to find non-alcoholic alternatives to drink. Only a third of consumers report that they are happy with current NoLo offerings – meaning there is still huge potential in the market. Why is cloud inventory management essential for NoLo alcohol producers? Play Video.

Procurement Analytics 98

Procurement Analytics Inventory Management Software Industrial Industry 98

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! How did this vast improvement in a key supply chain metric translate into financial performance?

Supply Chain Software 100

Supply Chain Software Procurement Analytics Analytics Software Supply Chain 100

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. For example: Inventory Record Accuracy has to be 98-100% accurate daily.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

GlobalTranz

OCTOBER 21, 2016

Since 2014, the shipping industry has suffered numerous setbacks. Rebounding freight volumes and the proximity of the electronic logging device (ELD) mandate are set to change the industry in 2017, reports Sean Kilcarr of FleetOwner. Too Much Inventory Will Make Restoring Shipping Profits Difficult. Capacity Will Grow Tighter.

Capacity 120

Capacity Purchasing Skills Material Savings Price Reduction 120

Supply Chain View from the Field

DECEMBER 2, 2013

The purchasing manager indices clearly show that last year we had a bottoming out, and we are now breaking through 50, which shows growth moving in the right direction. If interest rates go up as the Fed slows Treasury purchases, this is bad news for municipal bonds. growth next year. China is at about 7.7 to 2% consistently.

BRIC 60

BRIC Procurement Analytics Purchasing Skills Forecasting 60

GlobalTranz

APRIL 3, 2018

Manifesting this trend is the terminology and concept of Digital Path to Purchase — the omni-channel, tech-focused approach to supporting and acting on a consumer’s purchase. Supporting an efficient digital path to purchase requires comprehensive digital collaboration.

Supply and Demand 196

Supply and Demand Supply Chain Planning Software Supply Chain Software Optimal Sourcing 196

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 “The net true cost considers issues such as waste-to-landfill, greenhouse gas emissions, economic mobility, worker safety and food safety. .” Decades in the Making.

Gartner 120

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

Enterra Insights

APRIL 22, 2019

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. Walmart recently made headlines when it toughened delivery demands for its suppliers.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

Supply Chain Shaman

OCTOBER 29, 2014

The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. It was also the preference of the consulting partners because the projects were longer, more costly and better aligned with the consulting model.

Supply Chain Planning Software 309

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 309

Supply Chain Matters

MARCH 28, 2024

In conjunction with the reporting of 2023 financial performance, the California based EV maker announced that the company would lay off upwards of 15 percent of its current staffing, amid cash and ongoing business and supply chain related challenges. The company reported a cash balance of slightly over $325 million at the end of 2023.

Supply Chain Strategy 52

Supply Chain Strategy Supply Chain Procurement Analytics Supply and Demand 52

Supply Chain Matters

MARCH 5, 2022

Founded in 2014, this Boston based robotics technology firm leverages capabilities that are described as mimicking human hand-eye coordination, leveraging machine-learning to a vision system on a gripper and allowing mechanical fingers to bend and twist around objects to perform piece-picking tasks. Global Health Exchange Acquires Syft.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Prescriptive Analytics Software 52

GlobalTranz

DECEMBER 18, 2015

The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI. When I was Materials Manager at Maricopa County, Arizona, the second largest county in the country, I introduced Vendor Managed Inventory. There was a signed contract with agreed upon inventory levels. No Purchase Orders were used.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain Optimization 120

GlobalTranz

DECEMBER 7, 2015

Instead of setting up brick-and-mortar stores, or keeping inventory on hand, you can start offering this new product on your new store. A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

QAD

NOVEMBER 19, 2020

Efficient Inventory Management . The Santa Clara Medical Center reported that 383 medical items went missing between 2010 and 2014, including incubators, heart monitors and mammography machines. The investigation concluded that the equipment was lost due to an inefficient inventory monitoring system. .

Inventory Management Software 94

Inventory Management Software Supply Chain Software Material Savings Supply Chain Planning Software 94

Logistics Viewpoints

FEBRUARY 25, 2022

The potential supply chain impacts of this conflict dwarf any other supply chain news that might be reported. Oil prices jumped, with Brent rising above $105 a barrel for the first time since 2014, after Russia’s attack on Ukraine exacerbated concerns about disruptions to global energy supply. Russia Attacks Ukraine.

Price Reduction 207

Price Reduction Ukraine Russia Logistics Network Optimization Software 207

Unleashed

FEBRUARY 28, 2021

And of course, there’s the issue of profitability: a study from Deloitte in 2014 highlighted the importance of a healthy supply chain to an organisation’s bottom line. Cloud-based systems offer a cost-effective way to manage and monitor suppliers, inventory and more. Orchestrate. Cloud-based software. A mobile sales app.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Analytics Software 98

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

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

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. Conversely, just 8% of businesses with less capable supply chains report above-average growth. Pioneered the use of vendor-managed inventory.

Inventory Reduction 101

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

Supply Chain Shaman

JUNE 16, 2014

Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear.

Supply Chain Design Software 286

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 286

ShipBob

DECEMBER 20, 2021

Think about your most recent purchase. This sequence of events involves many moving parts, including purchasing, packaging, shipping, and transporting materials to distributors to sell to the end customer. Inventory management. Brands can connect products, sales channels, warehouses, workflows, reports, and more.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Forecasting Software Supply Chain Planning Software Supply Chain Design Software 97

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. In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The Company has a checkered past.

Supply Chain Planning Software 150

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

Talking Logistics

MARCH 3, 2017

Boston startup raises $10M for retail software that predicts inventory needs (Boston Business Journal). As Tim Higgins reports in the Wall Street Journal : As a legal dispute ensnares Uber Technologies Inc.’s Self-Driving-Truck Startups Race to Take On Uber (WSJ – sub. QuestaWeb Launches TradeGear Product Line.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Eliminating Excel in Purchasing 0

EMERGE App

JANUARY 1, 2020

As a wholesaler and distributor, I’m willing to bet that you’re dealing with at least two currencies for your purchases and sales. Boston Consulting Group – Cross-Border Payments presentation by Sukand Ramachandran, Sibos, Boston 2014). Purchase Orders. And you sell things in your local currency.

Currency 52

Currency Purchasing Skills Inventory Management Software Manufacturing Procurement 52

AFFLINK

MARCH 14, 2017

SCM also deals with the movement and storing of materials needed to create a product, as well as inventory management, and keeping track of finished goods from where they were created to who they go to. The other areas that SCM is related to are operations, logistics, procurement, and information technology. Forward Momentum.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 78

Unleashed

MARCH 14, 2021

Instead of a dedicated team managing supplier relationships, it might be the procurement manager who manages that as part of their role. Convenience is no longer the main driving force behind purchasing decisions. Today’s consumers are not bound to purchasing options as dictated by retailers. Fast-changing consumer habits.

Supply Chain Software 97

Supply Chain Software Food Manufacturing Procurement Gartner 97

Supply Chain Shaman

DECEMBER 17, 2018

Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. 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 reason? The implementation was very successful.

Demand Planning Software 245

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

ShipBob

OCTOBER 9, 2023

Shopify Fulfillment Network ( SFN ) is Shopify’s fulfillment service that brands can use to store inventory and fulfill customer orders. The entire process involves starting with Shopify inventory management and storing, then picking and packing items accurately, and shipping Shopify orders.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Supply Chain Network Software Inventory Management Software Supply Chain Planning Software 98

Material Handling & Logistics

DECEMBER 12, 2017

After years of struggling to manage their inventory, brands are using increasingly sophisticated tools to track apparel and accessories through the supply chain, aiming to avoid the typical post-Christmas fire sales. The company is currently offering 25% off purchases, but that deal ends on Dec.

Inventory Reduction 44

Inventory Reduction Inventory Supply Chain Planning Software Predictive Analytics Software 44