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. The design of transportation and supplier networks. Harvard Business Review. What did we find?

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

As a transportation management third party logistics company, we know at Cerasis that transportation makes up a large portion of the costs and efficiencies of any supply chain. Contact Cerasis if you would like help in more effective transportation management. . All of these aspects impact procurement processes.

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). Bhattacharjee, K. Cardwell, D. The New York Times (section B), 1.

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

Talking Logistics

FEBRUARY 29, 2016

So, that tells me that the inventory situation continues to weigh on truck freight volumes. The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, dropped 0.4 percent from December 2014. percent from December 2014.

Optimal Sourcing 80

Optimal Sourcing Price Reduction Inventory Reduction Cost Reduction Strategies 80

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

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

SYSPRO Smarter ERP

APRIL 13, 2022

Rising oil prices will also have a cascading impact on supply chains in areas such as higher line-haul trucking rates and other transportation costs. Already, oil prices have reached their highest levels since 2014 and are expected to continue to rise. Consider holding safety stocks where applicable to prevent breaks in production.

Supply Chain Planning Software 111

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

Supply Chain Matters

APRIL 14, 2023

We have the potential to revolutionize goods transportation and are excited to be working with partners around the world to make this vision a reality. We have the potential to revolutionize goods transportation and are excited to be working with partners around the world to make this vision a reality.

Supply Chain Design Software 52

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

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

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

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

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

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.

Supply Chain Planning Software 150

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

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 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

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

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. Also, the model can be updated automatically as new data comes in.

Cost Reduction Strategies 81

Cost Reduction Strategies Inventory Reduction Purchasing Skills Optimal Sourcing 81

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

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

MIT Supply Chain

MAY 1, 2014

Walmart Stores and the MIT FreightLab have collaborated to create a tool that reduces truck transportation planning time and lowers costs. This may be a great rule of thumb for life generally, but not necessarily for freight transportation. Transportation managers often lean towards prevention. Here’s the dilemma.

Optimal Sourcing 63

Optimal Sourcing Freight Expense Reduction Cost Reduction Strategies 63

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

MIT Supply Chain

MAY 15, 2014

It’s a complex question, especially when each component cost is taken into account, such as the cost of handling outer packs at the production plant, distribution centers and retail stores, inner pack handling at DCs, transportation costs, and the cost of opening outer or inner packs at DCs and retail outlets.

Packaging 64

Packaging Modeling Optimal Sourcing Material Savings 64

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

RFgen

AUGUST 16, 2016

From transporting athletes across the globe to ensuring supplier efforts are environmentally friendly, those in the supply chain have a lot to consider. Additionally, pricing during procurement becomes muddled when there is no clear criteria, which makes sticking to a budget difficult. Months of preparation have been necessary for U.S.

Supply Chain Strategy 52

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

RFgen

AUGUST 16, 2016

From transporting athletes across the globe to ensuring supplier efforts are environmentally friendly, those in the supply chain have a lot to consider. Additionally, pricing during procurement becomes muddled when there is no clear criteria, which makes sticking to a budget difficult. Months of preparation have been necessary for U.S.

Supply Chain Strategy 52

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

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

SEPTEMBER 19, 2014

Infor Aligns With MercuryGate To Strengthen Transportation Management. Oracle Introduces New Cloud Solutions for Transportation and Global Trade Management. SAP Ushers in New Era of Collaborative Supply Chain Management. Kewill Announces Availability of Kewill MOVE on the Cloud for Mid-Sized and Expanding LSPs. Macy’s, Inc.

Logistics Network Optimization Software 129

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 129

IQMS

JULY 11, 2019

Asset Management, Supply Chain Management, and Inventory Management are the hottest areas of artificial intelligence, machine learning and IoT adoption in manufacturing today. Machine learning is predicted to reduce costs related to transport and warehousing and supply chain administration by 5 to 10% and 25 to 40%, respectively.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Infosys Supply Chain Management

JANUARY 13, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Todays WMS is a tightly integrated code between the intrinsic WMS functions like receiving, put away, inventory, picking, packing and shipping, which are the primary functionalities. Business Process Outsourcing.

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 29

Infosys Supply Chain Management

FEBRUARY 8, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Let us take an initiative such as Inventory Optimization as an example. But what has been lost is an opportunity to look at inventory optimization through the lens of revenue generation and cost optimization.

Optimal Sourcing 34

Optimal Sourcing Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Optimization 34

Infosys Supply Chain Management

JANUARY 11, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. It is the best practice to be followed since it reduces inventory, saves space and energy. Less use of air freight, increased use of rail and sea transport. Business Process Outsourcing. Customer Service.

Agile and Lean Supply Chain 37

Agile and Lean Supply Chain Supply Chain Design Software Material Savings Manufacturing Procurement 37

Infosys Supply Chain Management

AUGUST 29, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. The habit of constantly monitoring real time manufacturing process through iPad and take real time decisions can drastically lead to waste reduction and optimal inventory. Procurement Blog. Customer Service.

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Optimal Sourcing 22

Requis

JANUARY 9, 2020

Another example from fulfillment might involve things like faster alternate transportation route planning in case of the unexpected, or monitoring cargo temperature for shipments of perishable food or medicines. This example could apply to any collection of physical equipment, like a drilling rig or a refinery.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 52

Infosys Supply Chain Management

DECEMBER 29, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Route optimization process determines the sequence in which orders are delivered to customer, so as to reduce overall cost of transportation. Preorders are taken into the system without checking inventory.

Optimal Sourcing 24

Optimal Sourcing Manufacturing Procurement Inventory Reduction Supply Chain Planning Software 24

Infosys Supply Chain Management

DECEMBER 18, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. On the one hand, Wal-Mart was able to mitigate the availability of certain excess inventory through real-time promotions on Facebook. Business Process Outsourcing. Customer Service. Finance & Accounting.

Eliminating Excel in Purchasing 26

Eliminating Excel in Purchasing Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 26

FLEXE

APRIL 12, 2017

To many, Nasty Gal’s demise (it went from generating $85 million in revenue in 2014 to bankrupt in 2016) had everything to do with its distribution strategy and failure to retain customers. Instead of having to invest in fixed assets, or working with only one 3PL, you can procure the space you need, when and for however long you need it.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Inventory Reduction Price Reduction 52

Infosys Supply Chain Management

DECEMBER 31, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Thus, many retailers, both brick and mortar and online focused, had to dynamically link available inventory with in-store, online and channel related promotional initiatives. Business Process Outsourcing. Banking Suite.

Supply Chain Planning Software 24

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 24