RFgen

FEBRUARY 9, 2017

RFID tagging helps managers keep a more accurate stock of their inventory. Develop a Strategy. In a previous article we wrote, we outlined five tips that could help warehouse managers create a well-oiled supply chain strategy for 2017. They include: Understand how your supply chain strategies and business plans connect.

Inventory Management Software 52

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

RFgen

FEBRUARY 9, 2017

RFID tagging helps managers keep a more accurate stock of their inventory. Develop a Strategy. In a previous article we wrote, we outlined five tips that could help warehouse managers create a well-oiled supply chain strategy for 2017. They include: Understand how your supply chain strategies and business plans connect.

Inventory Management Software 52

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

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

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

Talking Logistics

MAY 12, 2017

March 2017 Freight Transportation Services Index (TSI). Could it develop the necessary technology to manage inventory and shipments across many disparate partners and get the warehouses to use it? The voice-controlled interaction with Alexa is part of DHL Parcel’s service strategy to continually improve the customer experience.

Logistics Network Optimization Software 0

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

ThroughPut

FEBRUARY 1, 2023

companies with global operations, one of the most effective global value chain strategies and supply chain strategies is to mitigate risk by shipping smarter. In 2017, the U.S. Everything from custom duties to cargo inspections can create bottleneck operations within the global supply chain strategies.

Material Savings 52

Material Savings Price Reduction Expense Reduction Sourcing Strategies 52

Talking Logistics

JANUARY 6, 2017

2017 started right where 2016 left off: with plenty of supply chain and logistics news. Subscribers use Datamyne’s web-based solutions and business intelligence tools to augment, speed up and simplify trade data research, and to shape global marketing, prospecting, and sourcing strategies. Happy New Year! The answer is at the end.

Logistics Network Optimization Software 0

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

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

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Now, let’s take consumer products. What can we learn?

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

EazyStock

FEBRUARY 1, 2021

Better Inventory Management for eCommerce. trillion by 2023 , indicating a need for more robust online sales strategies. trillion by 2023 , indicating a need for more robust online sales strategies. For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supply chain strategy.

Inventory Management Software 52

Inventory Management Software Modeling Optimization Software Inventory Management 52

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 254

Case Study Inventory Reduction Agile and Lean Supply Chain Study 254

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 203

Gartner Supply Chain Design Software Supply Chain Design Supply Chain Strategy 203

ToolsGroup

SEPTEMBER 5, 2017

Aberdeen’s “CSCO Planning Strategies for 2017: Addressing Demand Volatility” report rated it their #1 challenge: above customer fulfillment demands, rising supply chain costs, and all other pressures (see Figure 1 below). Instead, it requires a holistic look at inventory. Most companies do not have a forecasting problem.

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Planning Modeling Supply and Demand 185

Logistics Viewpoints

OCTOBER 1, 2022

In 2017, Flytrex successfully launched the world’s first fully autonomous urban drone delivery system in Reykjavik, Iceland, and we covered that initiative in these pages on June 15, 2018. The CNBC article states, “ As delivery times and consumer demand rose this year, retailers responded by ordering inventory earlier than usual.

Logistics Network Optimization Software 210

Logistics Network Optimization Software Inventory Reduction Supply Chain Software Logistics 210

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

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. With recent unusual weather patterns across the globe, companies need to assess disruption risk and update their risk management strategies to deal with global climate changes. Breaking Down Siloes.

Supply Chain Software 48

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

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

Supply Chain Shaman

JUNE 15, 2018

But how do companies best translate strategy to action? 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. Yet, the Titans, the first generation of supply chain super powers, continue to battle competitors. best results?

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

ToolsGroup

NOVEMBER 15, 2016

Inventory and CapEx required to support desired service levels. Impacts of specific go-to-market strategies and resulting profitability and revenue. The amount of collaborative and manual effort required to support desired service. The number of planners required for a given number of items / item-locations.

Forecasting 120

Forecasting Forecasting Software Supply and Demand Modeling 120

Supply Chain Game Changer

NOVEMBER 15, 2018

You don’t have to live with shortages every day if you have a Supply Line strategy. You need a conscious Supply Line strategy. Customers would want us to store more finished goods, increase safety stocks, and hold extra component inventory. There are many techniques that you can use without adding inventory.

Inventory Reduction 48

Inventory Reduction Vendor Strategies Expense Reduction Material Savings 48

Supply Chain Shaman

APRIL 30, 2020

Glaxo SmithKline introduced Shingrix in 2017, but shortages prevailed. The companies are just not good at managing inventories and orchestrating distribution strategies. Localize supply—design inventory strategies to include buffer strategies. My left arm hurts. I replied, “Isn’t it all the same?”

Supply Chain Design Software 352

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 352

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. S = Cost per order.

Sourcing Strategies 103

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 103

Supply Chain Shaman

JUNE 7, 2018

For the past month, I have been working alongside companies implementing digital strategies. When we study 600 public companies by peer group, at the intersection of inventory turns and operating margin, only 5% drive improvement. In this case, the metrics are operating margin and inventory turns. ” Incrementalism.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 223

ToolsGroup

NOVEMBER 7, 2017

In their recent report titled Carefully Assess Which Tools Are Right for Each Stage of Supply Chain Planning Maturity (20 October 2017, Tim Payne & Amber Salley), the analyst firm describes the right tools to get from one level to the next. For this blog, we’ll focus on just one of those steps, from Stage 3 to Stage 4.

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 168

Supply Chain Shaman

MARCH 9, 2020

In the downturn of the market in 2017, it took the average supply chain six months to adjust, I expect alignment with this shift to be worse. The answer is to increase modeling, evaluate sourcing strategies, and build the right push/pull decoupling points. Here I share three strategies to consider to eradicate some of the barriers.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

The Logistics of Logistics

SEPTEMBER 12, 2020

He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey. The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. Manufacturing strategies.

Supply Chain Design Software 130

Supply Chain Design Software Negotiate Pricing Negotiating Skills Supply Chain Design 130

NC State SCRC

NOVEMBER 6, 2017

The Supply Chain Resource Cooperative held its first ever “Executive Roundtable on Excess and Obsolete Inventory” on the NC State campus on October 25, 2017. Executives need to deal with inventory issues as they arise! Is there a senior management team committed to driving down Excess and Obsolete inventory levels.

Inventory Reduction 58

Inventory Reduction Forecasting Inventory Supply Chain Design Software 58

Supply Chain Shaman

AUGUST 7, 2019

Recently, I conducted a strategy session was with a major consumer products company selling cosmetics. The company wanted to launch a digital strategy, but the digital supply chain team had never connected with the firm’s digital marketing team to understand how the two groups’ efforts could be intertwined.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

Shipsy

JUNE 20, 2017

With an ever increasing focus on innovation and efficiency in the supply chain, Gartner’s Top 25 Supply Chain Rankings 2017 threw up a host of interesting takeaways. Key Trends in Gartner Top 25 Supply Chain Rankings 2017 (Source?—?Gartner) Net income/total assets Inventory turns?—?Cost Change in revenue from prior year CSR?—?Index

Gartner 40

Gartner Agile and Lean Supply Chain Supply Chain Strategy Sourcing Strategies 40

SCMDOJO

APRIL 15, 2024

Amazon’s Mission Its unwavering commitment to customer satisfaction is at the heart of Amazon’s logistics strategy. Amazon’s Virtuous Circle One of the key elements of Amazon’s logistics strategy is what they refer to as the “virtuous circle.”

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

Demand Solutions

MARCH 27, 2020

They're the teams responsible for forecasting inventory requirements, managing inventory replenishment functions and sourcing inventory from suppliers. Tim was recognized for his exceptional leadership of the supply chain planning and procurement processes teams.

Atlanta 173

Atlanta Supply Chain Planning Supply Chain Software Supply Chain Strategy 173

SCMDOJO

AUGUST 16, 2023

Introduction The global business landscape has witnessed an increasingly fierce competition, pushing companies to seek effective strategies to maintain and enhance their competitiveness. Among these strategies, the role of supply chain capability stands out as a key factor in driving success.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Supply Chain Shaman

AUGUST 2, 2017

Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function. Business Strategy. The flows need to support a common business strategy. Form and Function of Inventory. The main event kicks off on September 6, 2017 at noon. What can be different?

S&OP 154

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 154

Logistics Viewpoints

DECEMBER 5, 2022

But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. In one major case in 2017, the Hanjin Shipping company was declared bankrupt by South Korean courts.

Agile and Lean Supply Chain 196

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

Supply Chain Shaman

JUNE 30, 2018

Energizer and Unilever are driving the fastest rates of improvement and Clorox and P&G improvement rates are the slowest on the Metrics That Matter of Growth, Operating Margin, Inventory Turns, and Return on Invested Capital (ROIC)). Average Performance Metrics for Consumer Nondurable Industry for the Period of 2010-2017.

Supply Chain Design Software 161

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 161

RFgen

AUGUST 31, 2016

Specifically, Cook will serve as the senior vice president of global logistics, inventory allocation and replenishment. Target’s supply chain management strategies need revamping in order to meet changing customer demands. Why Inventory Management Matters. Details on Cook. A Need for Speed.

Inventory Reduction 52

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

RFgen

AUGUST 31, 2016

Specifically, Cook will serve as the senior vice president of global logistics, inventory allocation and replenishment. Target’s supply chain management strategies need revamping in order to meet changing customer demands. Why Inventory Management Matters. Details on Cook. A Need for Speed.

Inventory Reduction 52

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