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. Inventory strategy.

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. Inventory strategy.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Talking Logistics

JANUARY 8, 2015

Here are five to look for in 2015. End-to-end supply chain visibility at the item level leads to a better picture of where inventory is. In 2015, if a shipper has 16 business units integrating with the same carrier, they should no longer operate as separate units but as one pooled resource to improve overall buying power and leverage.

Global Transportation 100

Global Transportation Inventory Reduction Optimal Sourcing Cost Reduction Strategies 100

Procurement Academy

OCTOBER 25, 2021

This wider focus is known as ESG , environmental, social, and governance, and for procurement and supply chain functions, ESG’s wider focus brings challenges. How should a procurement function regard a supplier with fewer green credentials, but a better performance when it comes to social responsibility? Choices, choices, choices.

Price Reduction 98

Price Reduction Inventory Reduction Buyer Training Procurement 98

Supply Chain Shaman

FEBRUARY 28, 2021

Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective. For example, Vendor Managed Inventory (VMI) systems, a useful stream of customer data, do not connect to planning. The reason? Broad Strokes.

Supply Chain Planning Software 359

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 359

Logistics Viewpoints

MARCH 8, 2021

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. This digital twin contains network costs – the inventory carrying cost is X for this product, by Y for this one. They started with IBM’s LogicNet solution.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 254

BR Williams Supply Chain Management

SEPTEMBER 25, 2023

This business unit was the most recent to receive an ISO 9001:2015 certification. In this blog post, we will take you through the significance of ISO 9001:2015 certification for BR Williams. A Process-Based Approach to Excellence One of the key elements of ISO 9001:2015 is its process-based approach to quality management.

Quality 52

Quality Optimal Sourcing Cost Reduction Strategies Logistics Network Optimization Software 52

RFgen

OCTOBER 6, 2016

Clearance sales are one way to get rid of excess inventory. may need to find ways to reduce inventories without throwing away money. The Washington Post reported the retail industry didn’t see the success expected from the 2015 holiday shopping season and failed to grow as projected. What Does Too Much Inventory Mean?

Inventory Reduction 52

Inventory Reduction Inventory Retail Waste Reduction 52

RFgen

OCTOBER 6, 2016

Clearance sales are one way to get rid of excess inventory. may need to find ways to reduce inventories without throwing away money. The Washington Post reported the retail industry didn’t see the success expected from the 2015 holiday shopping season and failed to grow as projected. What Does Too Much Inventory Mean?

Inventory Reduction 52

Inventory Reduction Inventory Retail Waste Reduction 52

Supply Chain Shaman

FEBRUARY 28, 2021

Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective. For example, Vendor Managed Inventory (VMI) systems, a useful stream of customer data, do not connect to planning. The reason? Broad Strokes.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 217

BlueYonder

MARCH 31, 2015

The second edition of the optimization summit (OptSum) was held amidst a scene of unprecedented enthusiasm in Bangalore on March 10 -11, 2015. Constraint programming for mixed integers, sequential decision models for inventory optimization, machine learning using python, and insights using big data were thoroughly discussed and debated.

Optimal Sourcing 40

Optimal Sourcing SCM Negotiating Skills Modeling 40

Talking Logistics

FEBRUARY 29, 2016

There was a deceleration in freight volumes during the second half of 2015 which continued into the first month of 2016. So, that tells me that the inventory situation continues to weigh on truck freight volumes. percent in December from November , with December 2015 freight shipments down 2.0 percent from December 2014.

Optimal Sourcing 80

Optimal Sourcing Price Reduction Inventory Reduction Cost Reduction Strategies 80

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

ModusLink Corporation

NOVEMBER 18, 2021

Bhattacharjee, 2015). 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. The purpose of going green is shown in the table. S.Minner, Ed.) Avittathur, A.

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

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.

Supply Chain Software 156

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

FLEXE

JUNE 15, 2017

In mid-2015, FLEXE conducted a survey of supply chain professionals across multiple industries to identify and understand what key industry trends affect inventory and capacity fluctuations. The key findings of the 2017 survey revealed: Inventory continues to fluctuate and remains a challenge for supply chain professionals.

Capacity 44

Capacity Warehousing Trends Report 44

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. Visibility into the Network side of the business was limited to the company’s engineering and procurement department.

Optimal Sourcing 156

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 156

Elementum

DECEMBER 13, 2018

The store had a revenue of $13B in 2015 and takes in more revenue per square foot than any other leading grocery — selling $2000/sq ft in groceries compared to Whole foods’ $1200. It boils down to a unique private-labeling model, efficient supply chain, simplified inventory, and a dedicated workforce. Trader Joe’s Recipe for Success.

Pricing Training 109

Pricing Training Supply Chain Strategy Supply Chain Software Supply Chain 109

Supply Chain Movement

JUNE 29, 2015

Datum: 14-16 October 2015. While we pulled out all stops to make 2014 unbeatable, 2015 is shaping up to be even stronger. Here is a selection of supply chain executives that will be sharing their insight in 2015. Virginie Vast, Head of Vodafone Asset Management Services & Tactical Sourcing from Vodafone Procurement Company.

Europe 60

Europe 3PL Modeling Logistics Network Optimization Software 60

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. Visibility into the Network side of the business was limited to the company’s engineering and procurement department.

Optimal Sourcing 120

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 120

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. In 2017, the company began to look at new options for warehousing, knowing it would need to start placing inventory closer to customers if it wanted to compete in the challenging omnichannel retail space.

Inventory Reduction 101

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

Kinaxis

OCTOBER 23, 2015

That liberal paraphrasing of a classic Prince song refers to particularly strong El Niño conditions predicted by the National Weather Service for winter 2015-2016—the likes of which haven’t been seen since 1998. Assess Inventory Positions. And it still isn’t, despite the headline of this post.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy Supply Chain 100

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. New knowledge and insights from machine learning are revolutionizing supply chain management as a result. no opt-in). Preston, D.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

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. A cross-functional Material Review Board (MRB) will reduce the need for additional space by reviewing obsolete, non-moving and slow moving inventory monthly, and sending disposition recommendations to top management.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Enterra Insights

MAY 3, 2018

And also, how much and where the optimal inventory should go so we can satisfy that customer’s needs wherever she wants to shop.”[5] There’s also the added labor, time-consuming worker training, the need to discount inventory, and additional handling and shipping fees. ”[6]. Footnotes. [1]

Omnichannel 100

Omnichannel Procurement Analytics Supply Chain Design Software Analytics Software 100

EazyStock

SEPTEMBER 25, 2018

*This post was originally published June 2015; it was updated September 2018*. These apps help companies achieve every business process from tracking inventory and shipments to booking meetings with clients to tracking tasks and projects. EazyStock – Inventory Optimization Software.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 78

Talking Logistics

SEPTEMBER 22, 2015

A confluence of factors is limiting the talent pool and making it more difficult for organizations to find the right professionals to fill the necessary roles to drive supply chain success, as was cited in a recent article, Companies See ‘Massive Shift’ in Search for Supply Chain Talent , (Wall Street Journal, May 22nd, 2015, Loretta Chao).

Supply Chain Design Software 100

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

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

Supply Chain Matters

NOVEMBER 6, 2023

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. The October PMI reported value fell to a three-month low of 48.8, down from the 49.2 value reported for September.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

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

EazyStock

NOVEMBER 6, 2020

Maintaining cost-effective inventory levels is critical for any manufacturer, wholesaler, supplier or retailer. But just how much inventory is the right amount to hold? What are inventory carrying costs? Inventory service costs. Inventory risk costs. Inventory service costs. Capital costs. Capital costs.

Purchasing Skills 40

Purchasing Skills Inventory Reduction Cost Reduction Strategies Optimal Sourcing 40

Supply Chain Shaman

MARCH 8, 2016

In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. In July 2012 E2open went public on the NASDAQ; and in March 2015, after a series of financial earnings disappointments, Insight Venture Partners funded E2open to become private. The change will be major.

Supply Chain Planning Software 150

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

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

Talking Logistics

AUGUST 5, 2016

Right now, everything going on those planes is inventory held in Amazon fulfillment centers and sold on the Amazon website,” [Dave Clark, Amazon.com’s senior vice president of worldwide operations] said. And we have more than enough package supply to utilize the 40 planes we’ve procured.”.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Predictive Analytics Software 100

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

GlobalTranz

FEBRUARY 16, 2015

Users have attributed the savings to lower cost mode selections, better routing, and better procurement negotiations. Thus, the state of the transport management system is superb, and there is a great deal of things to be optimistic about in 2015. A TMS makes this possible by obtaining cost information from a variety of providers.

Transportation Management 120

Transportation Management Supply Chain Network Software Expense Reduction System 120

Talking Logistics

MARCH 4, 2016

This self-service 4-session course provides an overview of how to build a strong transportation management foundation, with a focus on strategy development, procurement, the role of technology, and the importance of enabling a continuous improvement culture and processes. Descartes reported record revenues of $185.0

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Forecasting Software Supply Chain Network Software 0