Logility

SEPTEMBER 19, 2017

The Consumer Products Industry experienced a 32% growth in active items in 2015 and that trend has accelerated over the last 18 months. From a supply chain standpoint the battle for new product profitability relies largely on two key capabilities, developing accurate new product forecasts and optimizing new product inventory.

Inventory Reduction 103

Inventory Reduction Optimal Sourcing Modeling Inventory 103

Supply Chain Movement

JUNE 30, 2015

Forecasting is a challenge for many companies. A clearly defined process, committed sales people, collaboration with customers and timely scheduling of activities all contribute to a better forecast. Right at the top of the list is forecast accuracy, which ranks as much as 4.6 on a scale of 1 to 5. On right track.

Forecasting 60

Forecasting S&OP Supply and Demand Inventory Reduction 60

ToolsGroup

MARCH 24, 2021

I have been a ToolsGroup partner since 2015, after working over 10 years at a global consumer goods company, where I started knowing and enjoying the benefits of ToolsGroup Service Optimizer 99+ (SO99+). At first the planners were sceptical as the forecast looked almost too good to believe. My company Advancetics B.V.

Modeling 177

Modeling Supply and Demand Supply Chain Disruption Supply Chain Planning Software 177

EazyStock

FEBRUARY 17, 2021

What is Inventory Replenishment? Inventory replenishment is the process of moving stock items along the supply chain to ensure inventory levels are sufficient to cover demand. Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 75

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Talking Logistics

AUGUST 7, 2015

New Capabilities in JDA Flowcasting Attack the Toughest Retail Forecasting Challenges. XPO Logistics Announces Second Quarter 2015 Results. Our ability to expand same-day delivery is rooted in local merchandise inventories at Macy’s stores, as well as a newly expanded delivery footprint of our partners at Deliv [emphasis mine].”.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Forecasting Software Forecasting Optimal Sourcing 100

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 I discount the reporting by APQC, Institute of Business Forecasting (IBF) and Grocery Manufacturing Association (GMA) benchmarking data. 2) Characteristics of Best Forecasters.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

ToolsGroup

SEPTEMBER 1, 2015

The knack in today’s innovation economy is to understand how the value of a particular SKU deteriorates or its costs increase so that profit erosion can be factored into inventory optimization calculations. According to Nucleus Research, in its July 2015 Research Note , companies can optimize inventory using the right algorithms.

Inventory Reduction 120

Inventory Reduction Inventory Modeling Optimization Modeling 120

Logistics Viewpoints

MARCH 8, 2021

Forecasting beauty products, which are susceptible to a broader sense of what is in or out of fashion, is difficult. But forecasting new product demand is even more difficult. Further, forecasting became more difficult. In 2018, they implemented a LLamasoft inventory optimization solution. Logistics can be a challenge.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 255

Logility

NOVEMBER 3, 2020

The expert user interacts with data, reports, and forecasts. The variance from forecast identifies business processes that decision makers will want to understand and take management action on. . In 2015, IBM acquired The Weather Company. Therefore, always start with a user’s needs and work backwards. .

Supply Chain Performance 133

Supply Chain Performance Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 133

ToolsGroup

JUNE 11, 2020

In January 2015 SKF decided to proactively improve its supply chain to better innovate and respond to market disruptions. It also calculates safety stock levels and net forecasts for every warehouse and creates replenishment plans to satisfy future customer demand to set service levels. Staying in the lead requires self-disruption.

Gartner 248

Gartner Supply Chain Planning Software Supply Chain Software Optimization Software 248

Supply Chain Shaman

DECEMBER 18, 2014

At this point, most leaders wring their hands and say, “If only the forecasting team could do a better job of forecasting.” Improving forecasting is not the answer. This also does not mean that you should abandon forecasting processes. ” If this is you, stop! 1) Actively Build a Demand Organization.

Supply and Demand 279

Supply and Demand Forecasting Supply Chain Planning Software Forecasting Software 279

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. This isn’t good enough.

Forecasting 190

Forecasting Supply Chain Planning Supply and Demand Scenario Planning 190

Supply Chain Shaman

SEPTEMBER 20, 2015

My journey to understand SanDisk started in June 2015. In fact, the teams ignore the forecast. Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. I had the opportunity to visit with the SanDisk team in July 2015.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

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

ToolsGroup

APRIL 7, 2021

Mathias is a supply chain expert with significant experience in industrial engineering, logistics, inventory management and procurement at such companies as Amazon, Infineon, Tech Data and of course, Ratioform, where he started as the Head of Procurement in 2018 and is now the Director of Operations. It was pretty basic. So in conjunction.

Supply Chain Software 156

Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software 156

Supply Chain Shaman

AUGUST 26, 2015

” CNN Money Watch, August 12, 2015. As the markets plummet, it is time to remind ourselves that demand is not a forecast. Traditional forecasting approaches are not adequate in a time of market volatility. In the real world, companies operate with a Mean Absolute Forecast Error of 24-60%, and have a bias of 9-40%.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

ToolsGroup

DECEMBER 1, 2015

There is a new technique for improving forecast accuracy and inventory optimization—sensing demand from Point of Sale (POS) data or "POS Demand Sensing". Detailed demand forecasts are then generated for the sales and marketing teams and to set optimal inventory levels. The result? Gartner likes the strategy.

Supply and Demand 120

Supply and Demand Modeling Demand Planning Software Optimal Sourcing 120

RFgen

NOVEMBER 8, 2018

Barcode scanners, tablets and smartphones allow warehouse staff to manage inventory more efficiently. Measuring and tracking inventory accurately is essential to a well-oiled warehouse operation. Accurate and true inventory data also contributes to visibility, allowing managers to understand data trends and forecast future demand.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Waste Reduction 52

RFgen

NOVEMBER 8, 2018

Barcode scanners, tablets and smartphones allow warehouse staff to manage inventory more efficiently. Measuring and tracking inventory accurately is essential to a well-oiled warehouse operation. Accurate and true inventory data also contributes to visibility, allowing managers to understand data trends and forecast future demand.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Waste Reduction 52

RELEX Solutions

NOVEMBER 7, 2017

Fresh Forecasting & Replenishment: Running an Efficient Omnichannel Grocery Retail Operation. Accurate forecasting is at the core of increased operational efficiency as it is key to accurately match resources, such as stock and personnel, with demand. Forecasting for Different Sales and Fulfillment Channels.

Forecasting 28

Forecasting Sourcing Strategies Forecasting Software Optimal Sourcing 28

GlobalTranz

AUGUST 18, 2015

Fortunately, selecting a 3PL for 2015 and beyond can be broken down into six specific questions. Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. The ever-changing demands of the market and consumers result in a forecast for determining inventory needs.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Analytics Software Company Predictive Analytics Software 120

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. Click below for more on forecasting and planning long tail demand.

Supply Chain Planning Software 159

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

Supply Chain Shaman

AUGUST 14, 2016

The focus is on channel data: price; inventory positions; and policies. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. An example of social listening is the Lenovo Case Study presented at the 2015 Supply Chain Insights Global Summit. Market Drivers.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

AIMMS

DECEMBER 8, 2016

The company started working with AIMMS and our implementation partner Districon in October 2015 to develop a Demand Aggregation tool. I first heard about AIMMS at the Supply Chain Logistics Summit in Barcelona in 2015. Our inventory levels on this side of the business tend to be quite high, with a rotation going to 1 year.

Optimal Sourcing 156

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 156

Logility

AUGUST 7, 2017

At the top of the Gartner Hierarchy of Metrics is “Demand Volatility” reflecting that forecast accuracy (Read Eight Methods that Improve Forecasting Accuracy white paper) has the largest direct effect on the allocation of available capacity and resources.

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

Demand Solutions

JANUARY 8, 2015

I discussed the importance of putting useful supply chain performance measures in place for 2015. But I think cleaning the garage is a good metaphor for purging the forecast database. New Year’s Resolution #2: “I resolve to purge old records from my forecast database.”. Today, let’s talk about cleaning out your garage.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply and Demand Forecasting Supply Chain Planning 100

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

Alloy

AUGUST 10, 2021

What do you do when demand doesn’t match your forecast? How do you identify and quickly respond to out-of-stocks and phantom inventory? How Youth To The People empowers field sales & upgrades inventory execution & planning. Out of stocks are the primary cause of brand switching, according to McKinsey.

Resource Reduction 72

Resource Reduction Alloy Resources Retail 72

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 Benefits from its supply chain efficiency result in time savings, more cost-effective inventory management and improved product forecasting, the article said.

Gartner 120

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

Supply Chain Movement

MAY 13, 2015

Datum: 24 juni 2015. Order and stock optimization of your Chinese Inventory. How do you optimize your inventory levels in the volatile Chinese market? Realistic approaches to planning and forecasting will help you gain and retain customers through stock availability, while keeping your capital in stock manageable.

China 60

China Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization 60

Logility

AUGUST 28, 2018

percent last month, the biggest drop since January 2015, after advancing 1.2 Disposable income can ebb and flow abruptly due to natural and man-made disruptions, leaving durable goods manufacturers scrambling to dispose of excess inventory. Expanding Consumer Product Preferences and Resulting Explosion in Inventory.

Supply Chain Planning Software 100

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

SCMDOJO

JULY 29, 2022

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. Boston: Pearson, 2015.

Sourcing Strategies 103

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 103

AIMMS

DECEMBER 8, 2016

The company started working with AIMMS and our implementation partner Districon in October 2015 to develop a Demand Aggregation tool. I first heard about AIMMS at the Supply Chain Logistics Summit in Barcelona in 2015. Our inventory levels on this side of the business tend to be quite high, with a rotation going to 1 year.

Optimal Sourcing 120

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 120

Logility

AUGUST 28, 2018

percent last month, the biggest drop since January 2015, after advancing 1.2 Disposable income can ebb and flow abruptly due to natural and man-made disruptions, leaving durable goods manufacturers scrambling to dispose of excess inventory. Expanding Consumer Product Preferences and Resulting Explosion in Inventory.

Supply Chain Planning Software 100

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