The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

KEPLER Consulting

OCTOBER 18, 2017

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath.

Purchasing Skills 60

Purchasing Skills Negotiating Skills Optimal Sourcing Sourcing Strategies 60

Freightos

NOVEMBER 11, 2021

On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. Amazon has made a habit of excelling at logistics to retain end customers and third party sellers.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). Diversified Industry Performance For the Period of 2010-2017. Meet Ernest.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Logility

JANUARY 28, 2022

Customs and Border Protection (CBP) issued a Withhold Release Order (WRO ) on cotton products sourced from China and south-east Asia. Granted, consumer sentiment is notoriously volatile, but research consistently shows consumers will use their purchasing power to advocate for sustainability. Public Sector Pressure. Win the Talent War.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 130

Supply Chain Shaman

MARCH 3, 2018

On Wednesday morning, when I finished speaking at the Foundation for Strategic Sourcing in Fort Lauderdale, an executive from J&J pulled me aside and said, “Our strengths, are now our vulnerabilities.” A strong center of excellence tied to network design is essential. Many feel overwhelmed. How do we compete?”

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

Supply Chain Shaman

OCTOBER 2, 2020

Starbucks redesigned their cups for the Grande product, and the flimsy cups were a source of constant spills and burns. Foundational to supply chain excellence is the reliability of delivery, quality, and service. The Sleep Number Story of Supply Chain Excellence. Defining the Customer Experience Through Supply Chain Excellence.

Customer Service 287

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 287

Supply Chain Game Changer

AUGUST 21, 2019

It is also sometimes known as “buy online, pick up in store”, or BOPUS for short. Consumers around the world are showing a growing appetite for the speed and convenience of the buy online, pick up in store model. Source: 2017 Click and Collect Retail Consumer Preference Study) ?. The Importance of Getting it Right.

Purchasing Training 52

Purchasing Training Cost Reduction Strategies Resource Reduction Purchasing Skills 52

Enterra Insights

JUNE 26, 2019

The Internet was still in its infancy (it had about 100K hosts connecting roughly a million people), the Macintosh Portable was released (weighing 16 pounds and costing $6500), and Microsoft Excel (a mainstay of S&OP) was just four years old. Dependency on Excel. That doesn’t mean buying the first shiny thing you see.

S&OP 100

S&OP Supply and Demand Supply Chain Planning Software Analytics Software 100

Enterra Insights

JUNE 13, 2018

The cited passage reads, “Most CEOs continue to ignore supply chain management and sourcing. Horizontal (versus Vertical) Process Excellence. ” Cecere continues, “In the integrated supply chain, the core of the data were the solutions for vertical process excellence (CRM, SRM, APS, WMS, TMS, ERP, etc.).

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain 100

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Developed a process of excellence in supply chain collaboration. Implemented cross-docking in its supply network to enable inventory reductions. That should be sobering news for any business not yet focused on supply chain excellence as a lever for business success.

Inventory Reduction 101

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

6 River Systems

OCTOBER 12, 2020

We follow a stringent procedure to organize inventory in our warehouses. This approach tends to lead to a quicker and easier supply chain with inventory in transit for only a few days compared to a month’s inventory in an ocean container, and then another two to three weeks to clear customs. Efficient warehouse operations.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

Unleashed

DECEMBER 19, 2018

Multichannel selling allows customers to shop and purchase through whichever channel they prefer. Each channel offers a separate opportunity to interact with the brand and make purchases. When businesses are looking to buy from other businesses, the B2B model comes into play. What is multichannel selling? What is B2B eCommerce?

Manufacturing Procurement 60

Manufacturing Procurement Modeling Software Sourcing Strategies Price Reduction 60

NC State SCRC

FEBRUARY 20, 2023

Over the decades, EDI standards emerged that cover a variety of supply chain artifacts and activities , from Purchase Orders & Acknowledgements (EDI 850 & 855) to Invoices (EDI 810) to Shipping Manifests (EDI 856). Ordering a new car meant hearing the salesperson blabber on about electronics shortages causing their low inventory.

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

Enterra Insights

JANUARY 21, 2021

In answer to his question about whether or not blockchain technology is revolutionary, he writes, “At its core, blockchain is a glorified spreadsheet (think: Excel with one table). Most blockchain projects don’t make it past a press release, an inventory by Bloomberg showed. .” Tough talk. That plan has been shelved.

Supply Chain Planning Software 100

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

IQMS

JUNE 25, 2019

in 2017 to $20.4B Blockchain shows potential for increasing the speed, scale, and visibility of supply chains, eliminating counterfeit-goods transactions while also improving batching, routing and inventory control. The Supply Chain Management enterprise software market is growing from $12.2B in 2022, achieving a 10.7%

Supply Chain Planning Software 83

Supply Chain Planning Software Pharmaceutical Optimal Sourcing Supply Chain Software 83

Unleashed

JANUARY 28, 2021

Sources: IBIS World Coffee Bean Distributors in Australia July 2020. Sources: IBIS World Coffee Processing in the UK June 2020. Sources: IBIS World Coffee Production in the US October 2020. Source: IBIS World Tea, Coffee and Other Food Manufacturing in New Zealand November 2020. Consumption: 1.91 kg per person.

Manufacturing Procurement 59

Manufacturing Procurement Purchasing Skills New Zealand Australia 59

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). Diversified Industry Performance For the Period of 2010-2017. Meet Ernest.

Supply Chain Software 33

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 33

Requis

FEBRUARY 4, 2021

Nicolas Vandeput is a supply chain data scientist who specializes in demand forecasting and inventory optimization. He has taught forecasting and inventory optimization to masters’ level students since 2014. I like to describe myself as somebody who is passionate about supply chains, demand forecasting, and inventory management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Modeling 52

6 River Systems

FEBRUARY 3, 2020

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 59

6 River Systems

SEPTEMBER 17, 2019

In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. Bed Bath & Beyond is also implementing inventory reduction strategies and is on track for a 5% reduction year-over-year by the end of the current fiscal year.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Inventory Reduction 45

Arkieva

JANUARY 6, 2017

The ABCDs of an Excellent Supply Chain. In this 2-part Supply chain strategy post , the Managing Director at Solventure – Bram Desmet, discusses the key elements of an excellent supply chain. So, as I sit down to write this blog, I wonder what are some of the things that make supply chains excellent? Please subscribe here.

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

Material Handling & Logistics

OCTOBER 26, 2018

TOMPKINS: Sellers today find e-commerce inventory allocation and replenishment to be challenging. The allocation of the right SKUs and volumes to different fulfillment centers has proven to be an excellent opportunity to apply AI. The answer is not more pay, more time off, buying foosball tables, or free coffee.

Pricing Training 54

Pricing Training Supply Chain Design Software Purchasing Training Negotiating Skills 54

Tompkins Blog

APRIL 29, 2014

Source: Kantar Retail Analysis. The growth of actual online sales from online purchases between 2012 and 2017 will only grow from 7.7% There have been a variety of factors that have contributed to this: Real transportation, operations, real estate, inventory, and capital costs must be utilized. 2008-2013 Overall Growth.

Real Estate 66

Real Estate Material Savings Price Reduction Sourcing Strategies 66

Vinculum

MAY 4, 2022

With the advent of digital technology, online purchasing has evolved in a huge way to attract a considerable crowd wisely. Digital purchasing has been so easy to access that people can scroll even through smartphones. E-commerce is rising high to working with social commerce is an excellent way for long-term growth.

Modeling Software 52

Modeling Software Sourcing Strategies Supply Chain Network Software Price Reduction 52

NC State SCRC

APRIL 3, 2019

The major sources of risk in Development and Manufacture contracts in the Aerospace and Defense industries start at the top, where the contracts are awarded, and flow downwards to the subcontracting suppliers. With inventory desired to be at a minimum. CONTRACTING EXCELLENCE JOURNAL , 15 Jan. Risk: Managing the supply chain [7].

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

Material Handling & Logistics

DECEMBER 12, 2017

Whereas APICS itself once was focused largely on production and inventory control, since its acquisition of the Supply Chain Council in 2014 the organization has reestablished itself with a focus on helping its members achieve supply chain excellence. Will they care about how it’s made? Will they care about how it got there?

Supply Chain Design Software 58

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 58

Logistics Bureau

OCTOBER 25, 2016

Vendor-managed Inventory. While this form of inventory management may not totally transform a healthcare supply chain, many healthcare providers have turned to VMI as a way to improve service and cost performance. Scanning For Improvement in the Hospital Supply Chain.

Inventory Reduction 40

Inventory Reduction Material Savings Cost Reduction Strategies Vendor Strategies 40

RELEX Solutions

NOVEMBER 7, 2017

Consumers are increasingly participating in online grocery shopping and US online grocery sales alone are anticipated to grow by 11% in 2017. Planning for this in advance, means that excellent service is possible while keeping costs in check. Yet the online grocery market has great potential.

Forecasting 28

Forecasting Sourcing Strategies Forecasting Software Optimal Sourcing 28

Supply Chain Game Changer

NOVEMBER 25, 2018

Inventory Turns 3. (10%). Source: Gartner. As I reviewed the list it struck me that it looked very close to the list I remember seeing from 2017. And Lenovo and Nokia were dropped from the 2017 list. Return on Assets (ROA) and Inventory turns are also a part of the scoring process. Further an Inventory turn of 1.0

Gartner 60

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 60

Supply Chain Game Changer

NOVEMBER 23, 2018

It’s becoming more strategic, as companies integrate their Supply Chains and use them as a source of competitive advantage – instead of just a back-office function. The goal is to make the origin of goods more transparent, allowing companies to prove that goods haven’t come from workers under abuse or unsustainable sources.

Manufacturing Procurement 49

Manufacturing Procurement Supply Chain Planning Software Purchasing Skills Supply Chain Software 49

Vinculum

JANUARY 18, 2023

Customers can now reload their Metro cards, pay their water and electricity bills, transfer money to other bank accounts, reserve hotels, buy rail and bus tickets, and more. Hyperpure, a one-stop procurement service run by Zomato, provides restaurant partners with excellent nutrition and kitchenware. Cr in FY18 to INR 19.56

India 52

India Modeling Software Logistics Network Optimization Software Inventory Management Software 52

Supply Chain Game Changer

NOVEMBER 23, 2018

million in 2017 and is expected to reach approximately USD 666.61 million by 2024, growing at a CAGR of 49.16% between 2017 and 2024” ( globalnewswire.com 2018 ). Source: Accenture. Source: Accenture. Blockchain in Logistics. Connecting IoT to the Blockchain. Blockchain in Procurement.

SCM 50

SCM Supply Chain Network Software Logistics Network Optimization Software Supply Chain Software 50

Supply Chain Game Changer

NOVEMBER 21, 2018

A Sales, Inventory and Operations Planning (SIOP) business process is an essential element for running a successful business. SIOP will allow you to improve your forecasting, capacity and resource planning, cash flow, and inventory levels. The Procurement/Supply Chain team needs to order the materials and manage inventory levels.

Sustainability 59

Sustainability Forecasting Supply Chain Planning Software Forecasting Software 59

Supply Chain Game Changer

NOVEMBER 11, 2018

As a consumer you are generally able to buy what you want where you want and when you want with relative ease. Within Retail having an excellent Master Data Management system and process is critical. And data integrity and inventory accuracy is key. Seamless inventory visibility is critical. Master Data. Transportation.

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Planning Software Retail Agile and Lean Supply Chain 48

Supply Chain Game Changer

JANUARY 14, 2020

Inventory Turns 3 (10%). Source: Gartner. As I reviewed the list it struck me that it looked very close to the list I remember seeing from 2017. And Lenovo and Nokia were dropped from the 2017 list. But overall most of the list was the same as 2017. But overall most of the list was the same as 2017.

Gartner 10

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 10