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. Does procurement add to top line revenue. And if not – what will change?”.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. While many companies assemble great sourcing and procurement teams when it comes time to renegotiate freight contracts, they often fail to provide good documentation that allows them to negotiate from a position of strength.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

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 is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Inventory.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

Supply Chain Shaman

SEPTEMBER 22, 2021

This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). The supply chain investments of the last decade focused on improving black & white processes–order-to-cash and procure-to-pay. The solution was too black box.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

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.

Rail Software 188

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

Kinaxis

AUGUST 5, 2014

A few hours later, your procurement head walks in the office. “We Efficiency programs like lean drove us to reduce suppliers and cut inventory. Supply chain risk management practice advises us to source additional suppliers and plan additional strategic inventories as mitigation strategies. Comment back and let us know!

Inventory Reduction 267

Inventory Reduction Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 267

Supply Chain Shaman

SEPTEMBER 3, 2018

” Hau Lee, October 2014. Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Harvard Business Review. What did we find? To take action focus on these ten processes: Balanced Scorecard.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

GlobalTranz

APRIL 6, 2015

The biggest implication of this new imposition on procurement process is that now procurement managers have to deliver suppliers that are cost conscious and timely in their operations but at the same time can adapt to the changing demands of end customers. One of these trends, in addition to inventory keeping, is dual/multi-sourcing.

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Trends Supply Chain Planning Software 120

ModusLink Corporation

NOVEMBER 18, 2021

When the product has a defect after its production, it is sent back to the inventory to reuse or recycle it. Sustainable procurement: consists of environmentally friendly purchasing that carry reduction, reuse, and recycle. Cardwell, 2014). 2014, July 30). Vishal Gupta, 2013). Bhattacharjee, K. Cardwell, D. CHAPPELOW, J.

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

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 Vendor Strategies Supply Chain Design Software 101

Supply Chain Shaman

AUGUST 11, 2015

Procurement focus shifted from traditional programs focused on solely on contract management, price and term negotiations, and supplier scorecards to include the evolution of supplier development to manage product quality and multi-tier supplier relationships in and across value chain relationships. Focus on Multi-Tier Inventory Management.

Supply Chain Design Software 150

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

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

Supply Chain Shaman

JANUARY 8, 2014

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. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. I am behind. The heat is on. No backing out.

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

Supply Chain Shaman

FEBRUARY 7, 2014

It is 2014. With the investment in transactional systems for order-to-cash and procure-to-plan, many have lost focus on planning. Nine out of Ten Companies are Stuck at the Intersection of Operating Margin and Inventory Turns. It is a story of parts. It is a tale of pieces that do not assemble to build the whole.

Supply Chain Planning Software 289

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Network Software 289

Talking Logistics

FEBRUARY 29, 2016

So, that tells me that the inventory situation continues to weigh on truck freight volumes. percent from December 2014. percent from December 2014. percent compared to Q4 2014. Talking Logistics episodes related to transportation procurement: What Are Other Shippers Doing?

Optimal Sourcing 80

Optimal Sourcing Price Reduction Inventory Reduction Cost Reduction Strategies 80

Supply Chain Shaman

MARCH 8, 2016

In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The adoption of Terra’s products were brisk until 2011, but during 2012-2014 sales softened, resulting in employee layoffs and downsizing. The Company has a checkered past. It is a new buyer.

Supply Chain Planning Software 150

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

Vanguard Software

JULY 20, 2021

Not too long ago, in 2014, Walgreens had a $1 billion forecasting error that led to the exit of two executives. Whereas supply planning projects and manages inventory or supply to meet consumer demand. Organizations can then make shrewd business decisions about inventory and production.

Supply and Demand 52

Supply and Demand Supply Chain Planning Software Demand Planning Demand Planning Software 52

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

Talking Logistics

MAY 15, 2013

Last week at the Ariba LIVE 2013 conference, I led a discussion session titled “At the Intersection of Social and Business Networks” with about fifty senior executives in supply chain and procurement. Ariba plans to expand into supply chain, logistics, and inventory management processes, with the first solutions coming out in 2014.

Supply Chain Network Software 138

Supply Chain Network Software Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 138

MIT Supply Chain

SEPTEMBER 4, 2014

On September 30, 2014, supply chain education will take a major step into the digital age with the start of SCx, an on-line educational program developed by the MIT Center for Transportation & Logistics (MIT CTL) for thousands of professionals across the globe. SC1x – Supply Chain and Logistics Fundamentals (fall 2014).

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 88

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

Talking Logistics

DECEMBER 4, 2017

Supplier Managed Inventory — that is, provide suppliers with real-time visibility to material consumption rates and inventory levels and have them manage replenishment automatically. Streamline, automate, and compress Order-to-Cash and Procure-to-Pay processes.

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

SYSPRO Smarter ERP

APRIL 13, 2022

Already, oil prices have reached their highest levels since 2014 and are expected to continue to rise. Put your logistics, supply chain and procurement teams on high alert for computer viruses and increased phishing attempts. Russia is the world’s third-largest oil producer and the second-largest foreign oil supplier to the US.

Supply Chain Planning Software 111

Supply Chain Planning Software Price Reduction Cost Reduction Strategies Material Savings 111

Supply Chain Matters

APRIL 14, 2023

It includes Transporeon Execution Solutions , procurement, and market intelligence offerings along with Sixfold , a real-time visibility capability aggregating live data from supply chains across Europe leveraging AI based technology. The company’s technology aims to provide a holistic approach to transport management.

Supply Chain Design Software 52

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

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. Manufacturers will be able to improve their inventory due to the information presented by both supply chain and operations data. Between 2010 and 2014, the number rose to about 171,000 units.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Supply Chain Movement

JUNE 29, 2015

While we pulled out all stops to make 2014 unbeatable, 2015 is shaping up to be even stronger. Virginie Vast, Head of Vodafone Asset Management Services & Tactical Sourcing from Vodafone Procurement Company. Ludovic Menedeme, Working Capital and Inventory Management Lead, Zoetis. Danny Hendrikse, VP Supply Chain, Pfizer.

Europe 60

Europe 3PL Modeling Logistics Network Optimization Software 60

Enterra Insights

JULY 27, 2021

Increase forecasting accuracy to reduce obsolete inventory. Simulate the CO 2 footprint of the plan through procurement, production, and transport. 4] Markus Zils, “ Moving toward a circular economy ,” McKinsey & Company, February 2014. [5] Predict end-of-life scenarios and support circular processes.

Supply Chain Design Software 100

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

Supply Chain Shaman

AUGUST 11, 2014

We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement. Resiliency is the tightness of the pattern, or the reliability of operating margin and inventory turns results.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

Supply Chain Shaman

MAY 14, 2013

When companies look at singular metrics (labor costs or inventory), they have moved backwards. In parallel, when supply chain concepts are well-integrated into the design of trading partner relationships by both sales and procurement, there is an acceleration of value. There is no substitute for leadership. Aligning metrics matters.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 254

Supply Chain Game Changer

NOVEMBER 19, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. As a recruitment company specializing in Supply Chain and Procurement, Argentus sits at the nexus of a lot of these demographic changes. We’re maybe a ways past the 2008-2014 heyday of stereotyping millennials in the workforce. Subscribe Here!

SCM 44

SCM Education Supply Chain Planning Software Supply Chain Planning 44

DynaSys

DECEMBER 8, 2021

The goal with production restart was not to produce too much of the wrong inventory. These difficult events allowed us to extend our S&OP with the materials procurement department, which is now a strength. Does it mean you have included the sourcing and procurement departments in your global S&OP meetings?

S&OP 52

S&OP Supply and Demand Supply Chain Planning Software Material Savings 52

Material Handling & Logistics

JULY 24, 2018

However, their ability to collect from customers and manage inventory actually both deteriorated, masked by a significant increase in the time companies take to pay suppliers, according to the latest Working Capital Survey results from The Hackett Group. days and Days Inventory On hand (DIO) rose by just 0.6% to 51 days. days vs 45.4)

Company 54

Company Optimal Sourcing Inventory Reduction Survey 54

MIT Supply Chain

JULY 24, 2014

By tailoring transportation methods and distribution center processes to match the delivery speed required of each product, companies can reduce the cost of transportation, prevent excess inventory, and eliminate lost sales. For more information on the SCM program and the latest theses contact SCM program Director Dr.

Cost Reduction Strategies 81

Cost Reduction Strategies Inventory Reduction Purchasing Skills Optimal Sourcing 81

Arkieva

APRIL 7, 2016

Ensure continued alignment by sharing inventory turns as a KPI. Figure 1 shows it for inventory and service. The idea is that more service, typically comes with a higher inventory (or lower turns). They increase the service but require a higher inventory. It will lower cost but increase inventory or decrease turns, cfr.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization Supply Chain Strategy 60

Logistics Bureau

OCTOBER 2, 2016

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth greater than the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Inventory shortages. Click To Tweet. Now for those statistics I alluded to.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Material Savings Supply Chain Design Software 40

Talking Logistics

MARCH 2, 2016

As first reported by Fairfax Media , a factory in North Korea has been making high-priced surf and snow gear for Australian surfwear company Rip Curl since at least 2014, with the garments labeled “Made in China.” Quantify the financial impact of poor supply chain visibility.

North Korea 100

North Korea Supply Chain Visibility Logistics Network Optimization Software Supply Chain Software 100

Supply Chain View from the Field

SEPTEMBER 3, 2015

In fact, speakers at the December 2014 BIO conference noted that the level of VC funding was at a 4-year low! The global apparel sector’s effort resulted in the development of the Higg Index, a universally accepted LCA tool and life cycle inventory database. What will be required to attract investors to this market?

Manufacturing Procurement 60

Manufacturing Procurement Chemicals Supply Chain Design Software Purchasing Skills 60