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. I called Fastenal, who specializes in Vendor Managed Inventory (VMI) for fasteners, in to see what we can do together.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain Optimization 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. We reference for our Supply Chain Matters readers a specific report from The American Prospect, Our Uniquely American Drug Shortage. The most notable are the intermediaries that make up the termed buying groups.

Manufacturing Procurement 52

Manufacturing Procurement Pharmaceutical Purchasing Skills Sourcing Strategies 52

Logility

MAY 7, 2020

and up to date transaction data (order status, inventory positions, shipment tracking, etc.) References. Accenture, 2014. Building a digital twin involves capturing, standardizing, blending and modeling both structural supply chain data (capacities, lead-times, network relationships, etc.) 1 Louis Columbus. 3 Lisa Harrington.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

Demand Solutions

MARCH 11, 2015

One of your products had two “hits” in 2014. If you’re serious about reducing inventory, you need a stocking policy that you can put down on paper and refer to throughout the year. Extra inventory. You could choose to: - Centralize inventory of the product in a “hub” distribution center. My gut feeling is “no.”

Policies 100

Policies Inventory Reduction Supply Chain Planning Software Forecasting Software 100

C3 Solutions

JULY 28, 2020

It refers to the ecosystem of physical objects that are connected to the Internet and use it to communicate. What's interesting is how the use of IoT technologies to track inventory throughout the supply chain can dovetail with the kind of visibility you gain when you implement a best-of-breed dock scheduling system from C3 Solutions.

Internet of things 78

Internet of things Retail Real-time Visibility Optimal Sourcing 78

NC State SCRC

MAY 27, 2020

Much of the discussion of common goods refers to the rights of access and distribution public goods. Finally, management of inventory in the pool will require replacement and inventory turns for critical components, based on maintenance, product recalls, and updates of expired products and old technology. ii] Handfield, R.,

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Material Savings Manufacturing Procurement 98

ToolsGroup

FEBRUARY 7, 2021

On the supply side, in 2014, I remember that DHL was talking about resilience where everyone was wondering what that really meant and how to set up the risk management globally. To refer to that and give you some numbers was that last year we saw an increase of overall 30% in the online sector.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Supply Chain Shaman

FEBRUARY 22, 2015

We developed the Supply Chain Index in 2014 as a way to measure supply chain improvement at a balance sheet level. I get called frequently to talk to supply chain leadership teams about inventory. Often the CEO hires a strategic consultant to audit the supply chain, and they roll through the organization making inventory promises.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Modeling Software 150

GlobalTranz

JANUARY 7, 2016

It's important to note that some industries refer to the manufacturing process as fabrication. Question number three : Inventory on hand, both finished goods and individual parts, and Inventory Records Accuracy. Obviously accuracy of the BOM and Inventory are critical, and the goal should be 100% daily.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

The Network Effect

JULY 3, 2014

Basically, it refers to data communication among a large range of assets or devices—from your fridge to your oven, or more pertinently from your inventory to its container, from the container to the carrier, from the pallet to the warehouse. S o what is the Internet of Things (IoT)?

Internet of things 136

Internet of things Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 136

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

DELMIA Quintiq

FEBRUARY 16, 2015

It refers to how one small incident can have a huge impact later on down the line. Companies using West Coast ports had to spend additional millions to cover extra inventory costs and shipping delays. Companies using West Coast ports had to spend additional millions to cover extra inventory costs and shipping delays.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Planning Supply Chain Design 120

Supply Chain Shaman

DECEMBER 7, 2022

This work started in 2014 when the Colgate team challenged me for giving so much admiration for the P&G team in my first book, Bricks Matter. Colgate outperformed P&G in Return on Invested Capital (ROIC), and P&G exceeded Colgate in inventory turns. The question was, “What mattered? What Worked.

Inventory Reduction 53

Inventory Reduction Material Savings Supply Chain Strategy Price Mitigation Strategies 53

Logistics Bureau

DECEMBER 7, 2017

Back in 2014, I remember talking on a webinar about Supply Chain KPIs , and when asked about my thoughts on these, I responded as follows: 1) Make them ‘meaningful’. The term “line” in this KPI refers to a line on the sales order. Editor’s Note: This post was originally published in May 2014. 2) Keep them simple.

KPI 40

KPI Supply Chain Benchmarking Manufacturing Procurement 40

Enterra Insights

FEBRUARY 28, 2022

References to the wild west are being made more frequently as criminal activity increases supply chain woes. If retailers didn’t have enough to worry about with the pandemic, inventory issues, and labor shortages, a new type of organized crime has been added to their plate. ”[1] About a month later, “Best Buy Co.’s

Los Angeles 130

Los Angeles San Francisco Supply Chain Planning Software Supply Chain Software 130

Enterra Insights

JULY 27, 2021

Sustainability refers to safer, greener, more responsible operations as they relate to people, the planet, and profits (i.e., Increase forecasting accuracy to reduce obsolete inventory. 4] Markus Zils, “ Moving toward a circular economy ,” McKinsey & Company, February 2014. [5] Some use the term circularity.

Supply Chain Design Software 100

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

RFgen

APRIL 21, 2016

Many industries need to constantly change, augment or increase the diversity of their available inventory if they want to stay competitive in a world where consumers know exactly what they want and won’t settle for less. A business’s product mix refers to the amount and diversity of its inventory. Look for Demand.

Inventory Reduction 52

Inventory Reduction Resource Reduction Material Savings Supply Chain Strategy 52

RFgen

APRIL 21, 2016

Many industries need to constantly change, augment or increase the diversity of their available inventory if they want to stay competitive in a world where consumers know exactly what they want and won’t settle for less. A business’s product mix refers to the amount and diversity of its inventory. Look for Demand.

Inventory Reduction 52

Inventory Reduction Resource Reduction Material Savings Supply Chain Strategy 52

Unleashed

MARCH 22, 2022

NoLo alcohol refers to beverages (e.g. Alex Campbell founded Good Buzz Kombucha in 2014 after struggling to find non-alcoholic alternatives to drink. Why is cloud inventory management essential for NoLo alcohol producers? In the growing NoLo sector, cloud inventory software has some specific benefits: 1. Play Video.

Procurement Analytics 98

Procurement Analytics Inventory Management Software Industrial Industry 98

Unleashed

MARCH 14, 2021

The food supply chain refers to the process of preparing a food product from start to finish: sourcing the raw materials and taking the food through a manufacturing process, through to the final packaging of the product, the sale to the customer and the final delivery. Wasting resources comes down to poor inventory management.

Supply Chain Software 97

Supply Chain Software Food Manufacturing Procurement Gartner 97

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

Kinaxis

MAY 9, 2016

by CJ Wehlage Two years ago, I made some very bold predictions on the 2014 Top 25 Supply Chains, and about 80% of them were true. The voting categories are Financial (ROA, Revenue, Inventory Turns), and Voting (Peer and Analyst). Inventory turns, mostly, will follow Revenue. That is, except for the new “Masters” category.

Gartner 100

Gartner Predictive Analytics Supply Chain Strategy Agile and Lean Supply Chain 100

Supply Chain Trend

JULY 22, 2018

For Our Company, S&OP Is Operations (O) and Inventory without Involving Sales (S)! Effective S&OP requires commitment, trust, empowerment, role modeling, constructive engagement, and a collaborative spirit (Tuomikangas & Kaipia, 2014). REFERENCES. 7 S&OP Insights from the 2014 S&OP Pulse Check.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Modeling Software 60

Enterra Insights

AUGUST 8, 2018

”[1] Most analysts include additive manufacturing in their list of technologies that collectively are fostering the next industrial revolution, which is often referred to as Industry 4.0. ” Industries in which customization is important will also appreciate the fact that 3D printing can help reduce inventories. Footnotes.

Manufacturing Procurement 100

Manufacturing Procurement Manufacturing Supply Chain Design Software Supply Chain Planning Software 100

Supply Chain Shaman

JUNE 13, 2014

Nine out of ten companies are not making progress at the intersection of inventory turns and operating margins. What if we could place enterprise reference data into a data lake that can be assembled through rules-based ontologies and cognitive learning? I think that we are poised for the third act of supply chain technologies.

Big Data 282

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

RFgen

MAY 2, 2019

Even though distribution center job openings have risen by 50% from 600,000 in 2014 to 900,000 in 2018, fulfilling those openings has proven to be a major challenge. Dan Gilmore of Supply Chain Digest refers to this as “ The Great DC Labor Crisis.”. Wage growth further trims already thin profit margins.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Optimization Software Demand Planning Software 52

Supply Chain Shaman

JUNE 20, 2014

In early 2014, using the principles of open research, we at Supply Chain Insights hosted a study on Supply Chain Planning. Instead, what you have is one throat to choke; but, by and large, the references are unfavorable. Study Results. We currently have 73 company respondents, representing 133 planning instances.

Supply Chain Planning Software 301

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 301

Supply Chain Shaman

NOVEMBER 27, 2017

Optiant, inventory optimization, 2010, $3.3M MID Retail, 2014, assortment planning, price undisclosed. Reference clients cite the fact that Halo can be rolled-out with minimal support from IT in weeks not months. Adapachain, 2016, integration, price undisclosed. The Halo software is intuitive and easy to use.

Logility 60

Logility Supply Chain Planning Software Supply Chain Design Software Analytics Software 60

Supply Chain Shaman

AUGUST 26, 2015

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). ” They questioned, “ How long will this recession last?

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

GlobalTranz

MARCH 28, 2016

Google’s 2014 purchase of the British firm Deep Mind for something more than $ 400 million produced a bonanza of publicity earlier this year, when its game playing program whipped a human master of the ancient strategy game Go. Thought from The AI Technologies Pioneer.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Optimization Software Inventory Management Software Modeling Software 120

MIT Supply Chain

MAY 15, 2014

The pills are referred to as consumption units. Various inventory carrying costs associated with packaging also have to be allowed for. The inputs for Model One, for example, included historical demand data for the selected products and related packaging/inventory costs. Subscribe to the newsletter for free here.

Packaging 64

Packaging Modeling Optimal Sourcing Material Savings 64

Talking Logistics

DECEMBER 16, 2016

If you have a tsunami and part of your supply chain is knocked out, as happened a few years ago, you have better info about where parts are,” he said, referring to the earthquake and subsequent tsunami that struck Japan in 2011. Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory.

Predictive Analytics Software 50

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 50

GlobalTranz

APRIL 4, 2016

It was cheaper than producing products in the US, manufacturers could produce large inventories with little capital up front, and consumers did not really have a public voice. Nearshoring refers to when a company brings products closer to the US, which may not necessarily mean the products are manufactured in the US.

Manufacturing Procurement 120

Manufacturing Procurement Cost Reduction Strategies Price Reduction United States 120

Supply Chain View from the Field

FEBRUARY 26, 2015

This view of the supply chain is focused primarily on how we get inventory to the customer. He pointed out that the customer doesn’t care which division owns the inventory – they just want the product whenever and wherever they desire. Also I need the intelligence in the network to know where inventory is.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 60

GlobalTranz

DECEMBER 8, 2015

If you are a manufacturing company or distributor, you most likely are using a warehouse or distribution center to make sure you are able to store inventory, replinish store fronts, and easily send goods to customers or receive goods for manufacture or distribution. Understand the Other Affects of Warehouse Slotting.

DC 120

DC Warehousing Supply Chain Design Software Supply Chain Planning Software 120

Logility

JUNE 23, 2014

” Lora’s post is intriguing and supports our own data which shows Logility customers deploy faster and realize a quicker ROI when compared with ERP supply chain deployments (referred to as ERP Expansionist by Lora Cecere), and for that matter other Best of Breed implementations. Study Results.

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 103