Enchange Supply Chain Consultancy

JANUARY 7, 2015

How about this revised Top 10 List of resolutions to help your businesses improve in 2015? Reduced Stock/Inventory – The start of the year is a great time to remove that old stock. Improved Customer Service – Do you measure this and if you do is the measurement 100% honest and accurate? Amd you know it will!

Supply Chain Planning 100

Supply Chain Planning S&OP Supply Chain Scenario Planning 100

ToolsGroup

MAY 24, 2016

Gartner research director Jennifer Loveland calls it end-to-end segmentation, where you determine first what your customers want, then create end-to-end models—from sales through sourcing, delivery, and customer service—to serve them. She says that companies typically create 2 to 5 customer segments.

Supply Chain Segmentation 159

Supply Chain Segmentation Optimal Sourcing Gartner Supply Chain Optimization 159

ToolsGroup

JUNE 11, 2020

In January 2015 SKF decided to proactively improve its supply chain to better innovate and respond to market disruptions. Establish the digital twin The next step was bringing the supply chain network map to life by adding operational data: details like open customer orders, goods-in-transit, and inventory levels.

Gartner 248

Gartner Supply Chain Planning Software Supply Chain Software Optimization Software 248

GlobalTranz

OCTOBER 21, 2016

But, additional trailers may cause additional problems with managing routes and dealing with an overstocked inventory. . Too Much Inventory Will Make Restoring Shipping Profits Difficult. Consequently, shippers have a surplus of inventory taking up space, and this surplus is lowering overall profit margins.

Capacity 120

Capacity Purchasing Skills Material Savings Price Reduction 120

Supply Chain Shaman

DECEMBER 23, 2014

When your phone rings, and you and your supply chain team is called to the corporate office to talk about the expansion of your ecommerce strategy for 2015, here are my recommendations: 1) Embrace the Each. Get Good at Having a Real-time Perpetual Inventory Signal. No matter where inventory is, put it to work. 3) Test and Learn.

Packaging 289

Packaging Inventory Reduction Supply Chain Design Software San Francisco 289

Demand Solutions

DECEMBER 30, 2014

Over my next few articles, I’ll share some tips on the kinds of resolutions you can put in place to get your supply chain performance back on track in 2015. I’m not sure I’ve ever talked to a Demand Solutions customer who wasn’t at least tracking their inventory levels, overstocks, stockouts, and so forth.

Forecasting 190

Forecasting Supply Chain Planning Supply and Demand Scenario Planning 190

ToolsGroup

DECEMBER 4, 2018

For instance, The Economist reports that between 2011 and 2015 the largest 25 food and beverage incumbents accounted for nearly half (45%) of total industry revenue, but smaller companies drove nearly all (97%) of market growth. But when venturing into the DTC market they need to compete on the customer experience, not just customer service.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 159

Logility

MAY 7, 2020

We know the right information can significantly improve a company’s ability to reduce operating expenses, improve customer service and reduce the time needed to respond to market disruptions and opportunities. and up to date transaction data (order status, inventory positions, shipment tracking, etc.) www.forbes.com , 2015.

Supply Chain Planning Software 195

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

Enterra Insights

APRIL 21, 2021

They include: Inventory Optimization. Eswara writes, “Inventory management in the supply chain is a key area where OEMs can leverage AI to achieve efficiencies in the supply chain network. … Through AI-enabled inventory management, OEMs can gain better visibility into their inventory operations.

Analytics Software 130

Analytics Software Big Data Predictive Analytics Price Reduction 130

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Orbit Chart for L’Oréal at the Intersection of Inventory Turns and Operating Margin.

Case Study 257

Case Study Inventory Reduction Agile and Lean Supply Chain Study 257

Supply Chain Shaman

JULY 19, 2015

However, for elements like forecast error, customer service and slow-moving inventory self-reported data is not sufficient. It is for this reason, that we asked companies participating in our 2015 Supply Chain Planning Benchmarking to share raw data. 4) Best Forecasters do not Have the Best Inventory Results.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

ToolsGroup

JULY 26, 2016

The Boston Consulting Group said at the 2015 Grocery Manufacturers Association/Food Marketing Institute (GMA/FMI) supply chain conference that 22% of polled respondents said less accurate forecasts were one of their top hurdles to improving service. They don’t know how to segregate, forecast or inventory these “extreme error” items.

Forecasting 120

Forecasting Supply and Demand Optimal Sourcing Inventory Reduction 120

Stord

DECEMBER 1, 2022

STORD is a provider of a real-time global warehousing network that connects independent, third-party warehouses via an enterprise software platform to drive inventory efficiency. —- ATLANTA, April 18, 2018 -- STORD INC., Co-Founders of STORD, Sean Henry (CEO) and Jacob Boudreau (CTO) started the company in 2015.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Network Software Optimization Software Analytics Software 60

Logility

APRIL 10, 2017

Supply chain professionals are asked on a daily basis for what can seem like miracles: improve customer service and reduce costs, do more with less. In many cases you will discover that processes like demand, inventory, replenishment, and manufacturing planning are limited by a lack of software capability.

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Software 100

ToolsGroup

MAY 10, 2016

There is a reoccurring conversation in the parts industry that suggests that demand and distribution in this space is so complex that companies need to settle for less – lower customer service levels, fewer inventory turns, more obsolete or stranded inventory, and ultimately less contribution to corporate profitability.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 120

Logility

MARCH 7, 2016

With the 2015 Holiday Season in our rear-view mirror, you’ve probably asked yourself: How did our current processes hold up? Current transportation management systems have algorithmic-based optimization capabilities that minimize cost for shipping any unique material set while meeting customer service requirements.

Material Savings 100

Material Savings Inventory Reduction Cost Reduction Strategies Expense Reduction 100

Supply Chain Shaman

FEBRUARY 22, 2015

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. What CEO does not like the concept of reducing inventory? It is cash. Let me explain.

Supply Chain Design Software 150

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

Supply Chain Shaman

OCTOBER 29, 2014

The promise was the delivery of a decision support system that would allow the organization to optimize the relationships between cash, cost and customer service against the strategy. Leadership teams struggle with the trade-offs between cash, cost and customer service. Attendees at our 2015 Global Summit.

Supply Chain Planning Software 309

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 309

ToolsGroup

JULY 6, 2016

A C-level executive may not intuit the full importance of an accurate demand forecast, but can appreciate the link between forecast accuracy and customer KPIs. They initially pitched their inventory optimization project to their private equity owners as an opportunity to free up working capital. Source: Gartner (December 2015).

Gartner 168

Gartner Supply Chain Planning Software Supply Chain Optimization Optimal Sourcing 168

GlobalTranz

FEBRUARY 16, 2016

According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP. This can be costly in man hours, customer service (goods needed cannot be processed), accidents (safety): unloading a container and the forklift dies: the pallet slips off the forklift tines which can injure employees.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Enterra Insights

FEBRUARY 7, 2022

Automating processes for improved inventory turnovers. They report, “A recent analysis indicates that large CPG firms developing an intelligent supply chain could grow revenues by up to 3% through improved product availability and enhanced customer service. Plus, they can increase profitability through cost reductions.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Analytics Software Inventory Management Software 130

Logility

AUGUST 7, 2017

On the next level, Gartner lists “Perfect Order” and “Costs” These three metrics, making up the top tier of the hierarchy of metrics, provide the means to assess the health of the supply chain through demand forecast accuracy and the tradeoffs between costs and customer service.

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

Supply Chain Shaman

AUGUST 11, 2016

The Delta Medallion customer service agent told me that she had never seen anything quite like it. However, they accepted the challenge and defined customer strategies for each supply chain type. Review of this by a cross-functional team helps to align to improve customer value. A tough time for all. Focus on Clean Data.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

GlobalTranz

DECEMBER 10, 2015

2015 is coming to a close and as we herald in the New Year, shippers (manufacturers, retailers, and distribution centers) around the country are busy gearing up for the holiday season and have holiday logistics best practices on the brain. Make your Inventory OmniChannel.

DC 120

DC Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Planning 120

Enterra Insights

SEPTEMBER 24, 2018

Back in 2015, Irfan Saif ( @irfansaif ), a principal with Deloitte & Touche LLP’s Cyber Risk Services practice, wrote, “Internet of Things initiatives demand targeted strategies to combat the influx of new cyber risks that will invariably accompany them.”[2] Inventory and logistics monitoring. ”[6]. Footnotes. [1]

Internet of things 100

Internet of things Supply Chain Software Supply Chain Transformation Optimal Sourcing 100

Kinaxis

JUNE 1, 2016

I am bolder on Samsung, simply because they had the highest 2016 Inventory Turns aside from McDonalds. They went from #34 in 2015 to #18 in 2016. Remember in 2015, Amazon’s ROA was 0.0%. 2011-2015 – Meg Whitman. 2015 – Don Weisler. I did nail the highest mover up the rankings with Schneider Electric. Rick Frazier.

Gartner 100

Gartner Supply Chain Strategy Supply Chain Predictive Analytics Software 100

RELEX Solutions

SEPTEMBER 29, 2016

It was acquired by Bonnier Books from Stockmann in autumn 2015. The Academic Bookstore is a great showcase for RELEX’s strengths and highlights the substantial benefits to be reaped from reduced inventories, higher availability and maximized sales.”. The Academic Bookstore is part of the Bonnier Books Group since October 2015.

Inventory Management Software 0

Inventory Management Software Optimization Software Demand Planning Software Inventory Management 0

Talking Logistics

NOVEMBER 21, 2016

To paraphrase his message to the sales team: “Our ability to respond quickly and effectively to fluctuations in demand, adjust order sizes and delivery frequency as required, and provide timely and accurate visibility to orders, inventory, and other metrics are all competitive weapons — let’s use them to our advantage!”.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Cost Reduction Strategies Inventory Reduction Logistics 100

Logility

JANUARY 26, 2017

.” Each functional area of the supply chain (purchasing, planning, distribution, manufacturing, customer service, etc.) For example, maximizing factory efficiency can lead to a surplus of inventory. Those companies that succeed will gain substantial financial and customer service advantages. Accessibility.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. Such an approach results in unnecessary cost, a lack of resilience, and unwanted challenges in meeting customer service requirements – yet sadly, it’s still the approach most commonly taken. .

Inventory Reduction 101

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

Demand Solutions

FEBRUARY 4, 2016

The situation over there is so good that the company’s CEO, Jamie Dimon, was paid $27 million in fiscal 2015, an increase from the mere $20 million he made the previous year. All of that inventory sitting there is probably your largest expense next to headcount. But don’t just cut inventory blindly.

Expense Reduction 100

Expense Reduction Inventory Reduction Cost Reduction Strategies Price Reduction 100

Demand Solutions

FEBRUARY 4, 2016

The situation over there is so good that the company’s CEO, Jamie Dimon, was paid $27 million in fiscal 2015, an increase from the mere $20 million he made the previous year. All of that inventory sitting there is probably your largest expense next to headcount. But don’t just cut inventory blindly.

Expense Reduction 100

Expense Reduction Inventory Reduction Cost Reduction Strategies Price Reduction 100

Enterra Insights

NOVEMBER 26, 2019

”[4] Some of the benefits provided by predictive analytics include: Inventory management : Griffith notes predictive analytics provide store owners “a sixth sense” when it comes to ensuring shelves are stocks, prices are updated, and when products may have to be ordered in bulk from vendors. Footnotes. [1] 1] Michael C.

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Procurement Analytics 100

ToolsGroup

FEBRUARY 7, 2022

Retailers have come a long way since the Omnichannel Retail Index was launched in 2015; in 2021, the adoption of best practices is 62% for all retailers and brands in the Index – almost a 15% increase from the 2019 average of 54%. Make the Most of What You Have with Multi-Echelon Inventory Optimization.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Supply Chain Shaman

JULY 3, 2015

Inventory Turns (15%) (based on 2014 results). The foundation to drive meaningful improvement is reliability in driving results at the intersection of costs, inventory and customer service. And, unfortunately, there is no good measure for customer service for the industry to use in a ranking system.).

Gartner 150

Gartner Supply Chain Software Demand Planning Software Modeling Software 150

Enterra Insights

SEPTEMBER 13, 2018

”[1] She added, “In the past the departments like sales, marketing, customer service, public relations, and supply chain typically used their own datasets, keeping the information in silos.” 5] Laura Heller, “ Retail CEOs say silos are holding back omnichannel ,” FierceRetail , 23 February 2016. [6]

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Omnichannel Supply Chain Software 100

DELMIA Quintiq

SEPTEMBER 14, 2015

The information systems currently in use are brilliant at scheduling resources used in hospitals — patients, beds, nurses, physicians, specialists, inventory. How leading healthcare practitioners can improve customer service. Visualizes the impact of variation across the entire service chain. OK, so what’s the resolution?

Supply Chain Planning Software 120

Supply Chain Planning Software Course Supply Chain Optimization Supply Chain Software 120