Enterra Insights

JUNE 25, 2019

For the last few years, inventory shrinkage has annually cost U.S. ” Regardless of how inventory is lost, shrinkage costs retailers a lot of money. To reduce shrinkage, retailers need to have a strategy to address each of the ways inventory can be lost. Inventory shrinkage strategies. Somewhere between 1.5%

Inventory Reduction 100

Inventory Reduction Cost Reduction Strategies Inventory Vendor Strategies 100

Supply Chain Shaman

JANUARY 8, 2024

Working on it over the holiday break, allowed me to spend more time to think about the trends that I am seeing in the data. Industry Trend at the Intersection of Operating Margin and Inventory Turns for 2013-2022 My conclusion? The supply chain has two important buffers–inventory and capacity.

Supply Chain Design Software 239

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 239

GlobalTranz

MAY 2, 2017

Manufacturers have always struggled to obtain the most accurate inventory levels possible. A need for real-time inventory management has arisen, but until now, we didn't have a way to make it a reality. Let’s take a closer look at why such systems have the power to radically change standard inventory management operations.

Inventory Management Software 120

Inventory Management Software Inventory Reduction Inventory Management Procurement Analytics 120

RFgen

FEBRUARY 9, 2017

“It is about retrieving data from all the sensors and transforming it to business valuable information.” We also believe the future holds a place for mobile data collection software that allows managers to populate barcode labels or RFID tags with data located on their company’s enterprise resource planning system.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 52

RFgen

FEBRUARY 9, 2017

“It is about retrieving data from all the sensors and transforming it to business valuable information.” We also believe the future holds a place for mobile data collection software that allows managers to populate barcode labels or RFID tags with data located on their company’s enterprise resource planning system.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 52

Enterra Insights

SEPTEMBER 6, 2018

For example, one often reads about companies collecting an ocean of big data; and, it’s a fitting comparison. ”[1] The same can be said for companies that never delve deep into the ocean of data they collect. The growing ocean of data. Companies are often compared to swimmers in an ocean of data.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Data Predictive Analytics Analytics Software 100

Talking Logistics

DECEMBER 4, 2017

Last month, I attended and spoke at the Command Alkon ELEVATE 2017 conference , where I learned many things about the Heavy Building Materials (HBM) industry. So, what are some of the data challenges the industry faces? Cement is one of the raw materials that goes into making concrete, which is the finished product.

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

Supply Chain Shaman

DECEMBER 28, 2020

My goal is to convince you to ground supply chain processes and technology implementations in data analysis while tying the results to the improvement in corporate performance. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns.

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

ToolsGroup

JANUARY 3, 2017

The ToolsGroup customer base of more than 300 companies has allowed us to access a wide array of supply chain planning data for benchmarking in different industries and different circumstances. Dispersed data. Dispersed data. We wanted to share the results from our study, including industry leader best practices. Service Levels.

Benchmarking 168

Benchmarking Supply Chain Planning Scenario Planning Forecasting 168

crisp

JULY 20, 2023

We spoke with Rachel Meyers, Vice President of Finance and Operations at Swoon, to learn more about how the brand has used Crisp’s retail data platform to establish themselves as a data-driven organization, and help launch their latest iconic summer partnership.

Inventory Reduction 52

Inventory Reduction Data Resource Reduction Price Reduction 52

Talking Logistics

JANUARY 6, 2017

2017 started right where 2016 left off: with plenty of supply chain and logistics news. Right before Christmas, Descartes announced that it had acquired Datamyne, a leading provider of cloud-based trade data content solutions for customers to analyze import and export trade activity, for about $52.7 Happy New Year! million in cash.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 0

Supply Chain Matters

JUNE 10, 2022

In our Supply Chain Matters commentaries focused on online customer fulfillment and especially the 2021 holiday fulfilment period, we cautioned retail and consumer goods supply chain management teams to be watchful for the bullwhip effect in inventory planning and replenishment needs to support expected customer demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Scenario Planning Supply Chain Planning 52

Supply Chain Shaman

JUNE 19, 2018

It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement. Wal-Mart and TJX Orbit Chart for Operating Margin and Inventory Turns for the Period of 2006-2017.

Gartner 209

Gartner Supply Chain Design Software Supply Chain Design Supply Chain Strategy 209

Arkieva

MARCH 7, 2017

From discussions on enabling advanced business processes and improving supply chain visibility, to supply chain technology trends, the SAPInsider SCM 2017 in Orlando Florida, is set to be a fun learning and networking experience for supply chain professionals using SAP systems.

Supply and Demand 60

Supply and Demand Demand Planning SCM Supply Chain Planning Software 60

Logistics Viewpoints

JUNE 8, 2021

Target acquired Shipt in 2017 to provide the foundation of its same-day delivery. Whether considering where to start or what they have to gain, most merchants find the necessary insights to move forward with business intelligence tools that mine their own fulfillment data and customer interactions. Critical data to track.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Network Software Retail Logistics Network Optimization Software 278

RFgen

APRIL 18, 2018

The 2017 holiday shopping season left us with plenty to learn moving forward. It’s only April but, if you’re in retail, chances are you’re beginning to unpack the 2017 holiday season and explore what you can improve upon for next year. The 2017 Holiday Season in a Nutshell. billion, which exceeded expectations.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Third Party Logistics Logistics Network Optimization Software 52

RFgen

APRIL 18, 2018

The 2017 holiday shopping season left us with plenty to learn moving forward. It’s only April but, if you’re in retail, chances are you’re beginning to unpack the 2017 holiday season and explore what you can improve upon for next year. The 2017 Holiday Season in a Nutshell. billion, which exceeded expectations.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Third Party Logistics Logistics Network Optimization Software 52

GlobalTranz

JANUARY 16, 2017

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. A common theme of the 2016 predictions was growth and scalability, so let’s look at how companies are using these technologies as we prepare for the innovations of 2017.

Supply Chain Design Software 120

Supply Chain Design Software Analysis Supply Chain Software Inventory Reduction 120

ToolsGroup

JANUARY 10, 2017

Unmanned coffee stations transmit POS data every 15 minutes to help a highly autonomous planning system forecast demand, optimize inventory, and generate replenishment proposals for distribution and procurement. At Lennox, 997 out of 1000 planning decisions have been automated to the point where there is no manual intervention.

Supply Chain Planning Software 120

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

ToolsGroup

NOVEMBER 15, 2016

Forecast accuracy targets are being set by negotiation from historical performance, rather than any real empirical data around what is realistic or even possible for the nature of the demand being forecasted,” says Ben. Companies are setting next year’s planning targets without a data-driven perspective on what is actually achievable.”.

Forecasting 120

Forecasting Forecasting Software Supply and Demand Modeling 120

NC State SCRC

FEBRUARY 20, 2023

Data sharing sounds good in theory – but there is a lot more to it, as we shall see. Supply chain partners have been using EDI , a standard electronic format, to share data and transact business for more than sixty years, and it continues to evolve. Data scientists know that to build accurate machine learning models (e.g.

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

IQMS

JULY 22, 2019

The Warehouse Inventory Management Software market grew to $1.4B between 2017 and 2025 with the global market reaching $4.6B Warehouse Inventory Management software and systems help reduce infrastructure costs and enable the reallocation of existing IT resources to drive productivity improvements, according to IDC.

Inventory Management Software 60

Inventory Management Software Optimization Software Supply Chain Planning Software Supply Chain Software 60

Talking Logistics

JULY 14, 2017

One of my supply chain and logistics predictions for 2017 was that traditional software user interfaces would start migrating toward chatbots and virtual assistants. Some examples of what a user could ask Coleman: – “Coleman, what is the accounts receivable balance for ACME Corp?”

Logistics Network Optimization Software 0

Logistics Network Optimization Software Predictive Analytics Software Inventory Management Software Supply Chain Network Software 0

Freightos

SEPTEMBER 14, 2022

The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages.

Logistics 156

Logistics Cargo Comparison Freight 156

Enterra Insights

OCTOBER 26, 2022

Although these monikers conjure up slightly different connotations, they all rest on the fact that data is being created at an unprecedented historical rate. Keeping up with and making sense of all this data is far beyond the capabilities of traditional analytic methods. ”[1].

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

EazyStock

FEBRUARY 1, 2021

Better Inventory Management for eCommerce. A critical area of focus should be your eCommerce inventory management processes. Here’s how eCommerce businesses can improve their inventory management. Improving your eCommerce Inventory Management. Forecasting eCommerce inventory demand. Want to know how?

Inventory Management Software 52

Inventory Management Software Modeling Optimization Software Inventory Management 52

Logistics Viewpoints

DECEMBER 5, 2022

Those industries include data communications, medical, industrial, automotive and consumer electronics. Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. What’s Next?

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Supply Chain Shaman

AUGUST 7, 2019

We draw a timeline on a conference room wall and using customer shipment and compliance data, we plot the issues with customer service and product outages. I ask, “ Do you have data that could be used to alleviate the issue in the future?” ” Or alternatively, “Is there data that could be sourced to help?”

Supply Chain Design Software 252

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 252

AFFLINK

FEBRUARY 2, 2017

But here we’ve found six trends that we expect will emerge — or continue to flourish — in supply chain management in 2017: 1. In 2017, that dynamic will continue changing as CFOs, CEOs, and investors come to play a more regular role in valuing and risk assessment in the supply chain. Breaking Down Siloes. Further Utilization of loT.

Supply Chain Software 48

Supply Chain Software Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Strategy 48

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 261

Case Study Inventory Reduction Agile and Lean Supply Chain Study 261

Talking Logistics

OCTOBER 27, 2017

Ryder Reports Third Quarter 2017 Results. stores to replenish inventory faster and save employees time when products run out.” The robots pass that data to store employees, who then stock the shelves and fix errors. Alphabet looks to snowy Michigan to test self-driving cars (Reuters). ATA Truck Tonnage Index Fell 0.9%

Logistics Network Optimization Software 102

Logistics Network Optimization Software Modeling Software Forecasting Software Supply Chain Network Software 102

Supply Chain Shaman

JUNE 23, 2020

I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). The term “AI” is overused.

Supply Chain Design Software 290

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 290

Supply Chain Matters

NOVEMBER 21, 2023

That number is noted as being 15 million more people than 2022 and is reportedly the highest estimate since NRF began tracking this data in 2017. The survey, conducted in the period of November 1 through November 6, reportedly polled 8,424 adult consumers about their holiday shopping plans and has a margin of error of plus or minus 1.1

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Forecasting Supply Chain Planning 52

Oracle SCM

JANUARY 10, 2018

Product launches kept the Oracle Internet of Things Apps team very busy in 2017. With Production Monitoring , real time factory data (either from IoT sensors or integration with existing MES systems) is collected, filtered, and analyzed for anomalies in real time. Not using Oracle?

Internet of things 0

Internet of things Supply Chain Planning Software Predictive Analytics Software San Jose 0

Supply Chain Shaman

JUNE 15, 2018

My caution is not so fast… 95% of companies are not making progress at the intersection of growth, operating margin, inventory turns and asset strategies. Here I show orbit chart comparisons at the intersection of operating margin and inventory turns for the period of 2006-2017. This is especially true for the Titans.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Talking Logistics

JUNE 29, 2017

The answers were revealed at the SummerCon 2017 conference a couple of weeks ago where LLamasoft introduced “Planning by Design” and SupplyChainPlanning.com, which the company describes as “building blocks to improve your current planning capabilities through design technology.”. What would this “next generation solution” be?

Supply Chain Design Software 60

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

Supply Chain Shaman

JUNE 7, 2018

When we study 600 public companies by peer group, at the intersection of inventory turns and operating margin, only 5% drive improvement. However, most of the data is not a normal distribution. To make the argument, let’s look at industry orbit charts in aggregate for the period of 2006-2017 for the apparel and chemical companies.

Supply Chain Planning Software 229

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 229