Supply Chains to Admire: 2016 Results

Supply Chain Shaman

This morning, we announced the Supply Chains to Admire Winners and Finalists for 2016. We determine which companies have driven higher levels of improvement (based on Supply Chain Index calculations) and shareholder value (as defined by Price to Tangible Book Value) while outperforming their peer group on growth, operating margin, inventory turns and Return on Invested Capital (ROIC). Five months of analysis. Lots of heated debates. It is now over.

Inventory, inventory, inventory. They’ve all got it – inventory.

Enchange Supply Chain Consultancy

Amongst the many variables in running a Supply Chain, the one certainty in FMCG, Pharmaceutical and Agri businesses is that inventory is solely in the eye of the beholder. Nobody else but Supply Chain actually sees the full unedited and excuse-free realism on inventory and what this stock is doing (always a negative effect) to overall company costs and service. FMCG Forecasting & Demand Planning Inventory Management & Stock Control Supply Chain Analytics

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What’s New in Inventory Optimization?

ToolsGroup

Principal Analyst James Cooke of Nucleus Research just published his 2016 Inventory Optimization Value Matrix which highlights this year’s key trends, including functionality and usability. He reiterates why his firm sees inventory optimization (IO) solutions as so important. Inventory optimization vendors, Cooke says, are providing more prescriptive analytics and are working to improve usability. Inventory Optimization

The Top 5 Manufacturing Blogs of 2016 …So Far

Cerasis

Our last post covered the Top 5 Logistics blogs of 2016. Today's post will cover the top 5 manufacturing blogs from 2016 so far. Top Manufacturing Blogs from the First Half of 2016 So Far. The manufacturing blogs category most top viewed blog posts from the first half of 2016 included several elements of manufacturing. e-Book] 2016 Trends in Manufacturing, Supply Chain, Logistics, and Transportation Management. 6 Manufacturing Trends to Watch Out for in 2016.

State of the Pharmaceutical Supply Chain: Key Takeaways from LogiPharma US 2016

Kinaxis

High inventory levels: Stephen Meyer of Gartner mentioned that the Pharma industry on average has 63 days of raw material inventory and 51 days of finished goods inventory. Quite a few companies mentioned inventory savings target of 10% or above that their senior leadership is looking for. It is understandable that in such situations, pharma companies tend to err on the cautious side of carrying too much inventory.

2016: The Year of Connectivity

Talking Logistics

That’s why 2016 will be the year of connectivity in supply chain. 2016 Connectivity Predictions. With omni-channel being such a disruptive force, the recognition of this new landscape becoming more prevalent, and the maturation of supporting technology, I believe 2016 will be the year where the tipping point of connectivity occurs. The post 2016: The Year of Connectivity appeared first on Talking Logistics with Adrian Gonzalez.

Supply Chains to Admire – 2016 Results

Supply Chain Insights

This morning we announced the Supply Chains to Admire Winners and Finalists for 2016. We determine which companies have driven higher levels of improvement (based on Supply Chain Index calculations) and shareholder value (as defined by Price to Tangible Book Value) while outperforming their peer group on growth, operating margin, inventory turns and Return on Invested Capital (ROIC). Five months of analysis. Lots of heated debates. It is now over.

Insights from Kinexions Tokyo 2016

Kinaxis

by Dr. Madhav Durbha Kinaxis hosted Kinexions Tokyo 2016 customer user conference event at the Canadian embassy in Tokyo. PSI (Production, Sales, and Inventory) analysis has been the norm in the region for quite some time. The post Insights from Kinexions Tokyo 2016 appeared first on The 21st Century Supply Chain. It was a stupendously successful event with many customers, prospects, and partners in attendance.

Japan 113

When SMBs Hit the Inventory Planning Complexity Wall

ToolsGroup

Inventory planning is especially important to small-to-midsize businesses (SMBs). Nobody wants to tie up more working capital than necessary in inventory, but SMBs typically have leaner resources, and a higher cost of capital means it’s more expensive to fund excess stock. Yet for many SMBs, inventory complexity is getting worse. As complexity grows, so do the challenges of managing inventory.

Top 14 Logistics and Supply Chain Management Training Programs and Courses in 2016

Cerasis

Today, Kelly shares the top 14 Logistics and Supply Chain Management training programs and courses available in 2016. To protect yourself and your business I offer you to take a look at this list of top programs and courses that will take place in 2016, which will help you to understand main concepts of this powerful tool and learn how to successfully apply it on practice. There are three offered starting dates - August 2016, January 2017 or May 2017.

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This Week in Logistics News (October 17-21, 2016)

Talking Logistics

Cass Truckload Linehaul Index – September 2016. Manhattan Associates Reports Record Third Quarter 2016 Performance. “Adjusting for the larger ups and downs this year, as well as talking with many fleets, I currently see a softer than normal freight environment, which is likely to continue until the inventory correction is complete. How was the JDRF Death Valley Ride ? Brutal, exhilarating, and inspiring!

Where Do We Go From Here? Taking a Look at the 2016 State of Logistics Report

Cerasis

For the first time in more than 10 years, the Federal Reserve took the initiative to slightly increase interest rates, but the hopes for a robust start to 2016 were quickly dashed. The prices of fuel continued to drop, and growth in the logistics industry slowed to a painstaking crawl of less than So, let’s take a closer look at what findings were released within the 2016 State of Logistics (SOL) report and how they impact current and future logistics processes.

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What's wrong with ABC inventory classification?

ToolsGroup

ABC inventory classification has been around so long that most planners just assume it’s the only way to segment your inventory. Inventory Segmentation from the 1960s. To understand the shortcomings of ABC inventory classification, we need to understand how it is done. Nearly all traditional inventory management applications calculate safety stock for each individual SKU-Location combination. Inventory Segmentation Today. Inventory Optimization

Supply Chain and Logistics Predictions for 2016

Talking Logistics

What will happen in 2016? That said, there are several high-level trends and factors that will impact supply chain and logistics strategies and operations in 2016: Oil Prices : Just a few years ago, there was plenty of talk about oil prices potentially reaching $300 per barrel and the impact it would have on supply chain and logistics networks and processes (e.g., How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment?

Is Inventory Optimization a Key to Omnichannel Survival?

ToolsGroup

Industry analysts have pointed out an obvious fit with inventory optimization. If retailers optimize their inventory—dynamically aligning their supply chains to changing customer preferences and behavior—they can position inventory to satisfy demand at the lowest possible cost. These analytics flow to the software's multi-echelon inventory optimization component to place the inventory by location and SKU—favoring the DC location for predicted online demand.

The 2016 Top 25 Supply Chains – Three Bold Predictions

Kinaxis

The voting categories are Financial (ROA, Revenue, Inventory Turns), and Voting (Peer and Analyst). Inventory turns, mostly, will follow Revenue. Here’s how the 2016 Top 10 Supply Chains will fall…. Unilever – coming in at #3 in 2015, Unilever will move up to the #2 spot in 2016. In 2016, it will be $209M. For those reasons, I predict Schneider Electric will jump from 2015 #34 spot to 2016 #24 spot. Ford will jump from 2015 #45 spot to 2016 #25.

The View from Finance: Freeing Up Cash with Inventory Optimization

ToolsGroup

Inventory optimization is one proven way to do it. Inventory is an untapped, cash-rich asset. Most companies have some form of supply chain systems to manage inventory from production through delivery. Home Depot executives, speaking at an analyst meeting, once said that every 1/10th improvement in their inventory turns meant an additional $200 million in cash. Of course, you need inventory. Inventory is what you make, what you sell.

More Inventory, Less Warehouse Space: How Virtual Inventory Works

PLS Logistics

To enhance the customer’s shopping experience, retailers are building virtual inventories. Virtual inventory is an all-inclusive list of a company’s products that can be sold to a consumer; the products might be in a retail store, stock room or warehouse. Inventory Transportation SpendThe omni-channel environment consists of demanding, knowledgeable consumers who expect a seamless, customized shopping experience.

Top Projects for 2016 Supply Chains

Logistyx

Top Projects for 2016 Supply Chains: Transportation, Sourcing, Resilience, and Inventory Management Guest Post by Bob Trebilcock, Editorial Director, Supply Chain Management Review. Blog 2016 Supply Chain Trends Shipping Trends 2016So good we had to share! Great insights and reminders from our esteemed colleague Bob about four specific trends he sees that will dictate supply chain, logistics, and materials handling development in […].

Frock Stocks & FMCG Supply Chain Inventory Decisions

Enchange Supply Chain Consultancy

Customer service FMCG Pharma Inventory Management & Stock Control Supply Chain AnalyticsSenior Management has been on quite a shopping spree over the last few months taking advantage of various big name high street stores that have lost their lustre and even their premises in some cases. The demise of these familiar UK brands has nothing to do with Brexit and the variable value of Sterling but in one case a run on the Green pound has been responsible….

Why Individual Retail Stores Shouldn’t Order Their Own Inventory

ToolsGroup

In the old days, each store knew best what inventory it needed to keep shelves stocked and customers satisfied. But with today’s product proliferation and demand complexity—including now often the need to operate as a satellite fulfillment center for orders rung up online—it’s more difficult for individual retail sites to create accurate forecasts and optimize their inventory and replenishment process.

This Week in Logistics News (September 12-16, 2016)

Talking Logistics

Keeping track of warehouse inventories with an army of fully autonomous drones (TechCrunch). July 2016 Freight Transportation Services Index (TSI). Here’s what FTR economist Noel Perry said at the 2016 FTR Conference this week, as reported by Commercial Carrier Journal : Though the coming electronic logging device mandate, slated to take effect next December, will cut industry capacity, the productivity hits won’t be as large as some have predicted, Perry says.

This Week in Logistics News (September 26-30, 2016)

Talking Logistics

Elementum Expands Supply Chain Management Suite with New Inventory App Powered by World’s Product Graph™. Trade in 2016 to grow at slowest pace since the financial crisis. Another Friday where I have limited time, so let’s go straight to this week’s supply chain and logistics news that caught my attention: Uber to move freight, target trucking for the long haul (Reuters). UPS And CyPhy Works Test Drone For Urgent Commercial Delivery.

Supply Chain Event 2016

Supply Chain Movement

Supply Chain Event 2016. Date: 22-23 November, 2016. The event will cover topics related to automation and warehouse robotics, the impact of smart objects on logistics flow management, the use of RFID or disruptive technologies such as augmented reality, 3D printing and new mobile applications for inventory or procurement management. Location: Paris Porte de Versailles – Pav. 8, Paris (FR). Organisation: Reed Expositions France. URL: www.supplychain-event.com.

4 Ways Sonus Improved Demand Planning and Reduced Inventory by 20%

Kinaxis

To combat its planning issues, Sonus took four steps to improve demand, reduce inventory, and share information better across the entire network. Some of the most significant benefits has been to drive projections, which facilitated a decrease in required warehouse space and an overall inventory reduction of 20%. Combining these four steps has enabled Sonus to improve daily operations in demand and supply management, inventory optimization, and S&OP.

Trending Transportation News: February 2016

PLS Logistics

Retailers aren’t traditionally set up for real-time inventory and customer fulfillment. Non-Manufacturing Grows for 72 nd Straight Month. The Institute for Supply Management (ISM) reported that non-manufacturing activity continues to point towards growth.

Warehouse Cost Reductions: 3 Understandings Driven By Inventory Management & Lean Principles

Cerasis

Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, look at inventory as MONEY/CASH. Inventory cost is defined as the cost of holding goods in stock. If you are looking for warehouse cost reductions, chances are you are stocking too much inventory. Understand Data Integrity to Reduce Inventory Costs.

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The Biggest Challenges Supply Chain Leaders will Crush in 2016

Logility

But despite the difficulty factor, let’s gaze into a crystal ball and make a few predictions about the challenges supply chain leaders should be preparing to face in 2016. In 2016, more supply chain teams will invoke scenario planning to determine what actions to take in the face of potential disruptions. Certainly interest rates will rise, which will drive up the cost to hold inventory. What do you think will be your biggest supply chain challenges in 2016?

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The architectures for the rules that we have today–Available to Promise, Allocation, Inventory Matching, Deductions, Hands-free Orders– are inadequate. The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. Our goal is to build a guiding coalition to think differently to improve outcomes.

Fashion Retailers: Is inventory eating into your profits? (It is…)

Enchange Supply Chain Consultancy

CEO Inventory Management & Stock Control Supply Chain Analytics Integrated Business Planning retailI touched on the problem of expanding UK waistlines a few blogs ago and the topic popped up again recently when I was out and about shopping for clothes – no, not me. This is not as regular an event as it may be for senior management but due to the imminent arrival of a few dry and summery days, I was in need of new shorts and T-shirts.

This Week in Logistics News (April 18-22, 2016)

Talking Logistics

Cass Truckload Linehaul Index for March 2016. Manhattan Associates Reports Record First Quarter 2016 Performance. Tech-enabled fulfillment and operations : Manage orders and inventory across distribution centers and suppliers while protecting margins and delighting customers. Finally, Werner Enterprises, Knight Transportation, and Swift Transportation all experienced double-digit declines in profits in Q1 2016 compared to the same period last year.

The Major Trends in Warehouse Inventory Management for 2017

Descartes

That’s why you need to adopt and refine trends in warehouse inventory management. The post The Major Trends in Warehouse Inventory Management for 2017 appeared first on Appterra. In this changing industry, you need to address the slowing and outdated processes in order to survive and compete against your competitors. It helps you meet the growing logistical challenges that are affecting customers’ satisfaction levels and your company’s bottom line.

This Week in Logistics News (July 4-8, 2016)

Talking Logistics

percent between the final quarter of 2015 and the first quarter of 2016 and the International Air Transport Association has lowered its growth forecast for air freight demand in 2016 to 2.1 When the economy picks up, inventory levels drop below a certain threshold, and/or capacity is realigned with demand — whichever occurs first, which by most estimates won’t happen until late this year or early 2017.

This Week in Logistics News (August 1-5, 2016)

Talking Logistics

Cloud Logistics Announces Banner Results For The First Half of 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. The post This Week in Logistics News (August 1-5, 2016) appeared first on Talking Logistics with Adrian Gonzalez.

Supply Chain in Space at 2016 CSCMP Conference

Logility

Astronaut Scott Kelly kicked off this year’s 2016 CSCMP Conference with an inspiring account of his record breaking year aboard the International Space Station. According to Captain Kelly, inventory management and spare part location accuracy is critical to survival in the abys of space. Inventory management here on Earth may not seem so life or death, but not having the right inventory at the right place at the right time can certainly be career limiting.