Supply Chain Inventory Optimization – Beyond the Analytics

Cerasis

While analytics offer remarkable insights into supply chain inventory optimization, warehouse managers must still understand how the use of slotting optimization technology impacts other processes. With 7 percent of America’s gross domestic product (GDP) tied up in inventory, reports the 21 st Century Supply Chain Blog , your organization must go beyond the analytics and understand the broad impact of analytics in your company. Supply Chain Warehous

Supply chain inventory optimization – Beyond the analytics

Kinaxis

by Alexa Cheater From designing, sourcing and manufacturing, to distribution and consumption, your supply chain is at the heart of your customer satisfaction levels. The equivalent of 7% of America’s GDP is tied up in inventory, and accounts receivable and payable.

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Supply chain risk management in 2017

Kinaxis

Working in supply chain is like starring in a Rocky movie. You don’t need to go back any further than a decade to understand the many challenges supply chains have endured over the years. When you answer that question, you can look at it through the supply chain lens.

The Top 10 Supply Chain Blog Posts from 2017

Cerasis

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. These will only contain posts written in 2017. Supply Chain

Benchmarking Your Supply Chain Planning in 2017

ToolsGroup

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. We hope that this analysis sheds light on supply chain benchmarking and KPIs.

Stranger supply chain things: Capacity planning lessons from Stranger Things

Kinaxis

The crush of Stranger Things fandom-born conversions temporarily brought the museum’s website to its knees while an out-the-door lineup cleaned out on-site inventory. Supply chain management capacity constraints Capacity planning

Will Your Supply Chain Sink or Swim in the Digital Age?

OneSCM

recently noted a new trend towards supply chain “protectionism,” presumably due to the extraordinary combination of external forces proving capable of disrupting once-optimized processes and, therefore, destroying once-healthy profit margins. appeared first on TAKE Supply Chain.

How Supply Chain Inventory Optimization Minimizes Costs

Descartes

Many companies struggle with supply chain inventory optimization. They need to overcome distributed data and inventory, navigate complex networks of locations, and manage configurations of thousands of parts. Inventory management is the.

Does your supply chain hear the change coming?

Kinaxis

by Joe Cannata What rapid adoption of virtual assistants means for CPG supply chains. This fundamental shift in the shopping paradigm is posing unique challenges for supply chains. Already, supply chains have had to adapt to online shopping, and crazy fulfillment demands.

Supply chain visibility: The key to growth

Kinaxis

The need for supply chain visibility is greater than ever, yet only half of the executives surveyed say they have the visibility they need to make decisions and mitigate risk. Supply chain visibility. How many ERP systems do you have in your supply chain?

Supply Chain Finances: How Does Your Cash Flow Impact Your Supply Chain?

Cerasis

Editor's Note: Today's blog is from Ty Kiisel who shows us how you can be affected by your supply chain finances. . To fully understand the formula, Current Assets include the cash you have in the bank, your current Accounts Receivable and your inventory. Supply Chain

The future of the supply chain planning profession

Kinaxis

by Dr. Madhav Durbha It is a great time to be a supply chain planning professional. Advances in processing power, networking, and storage aided by the enduring power of Moore’s law have opened doors for some exciting new developments in supply chain planning.

Inventory Can Be Scary

ToolsGroup

“Your inventory problem is scary because you’re selling out before you can make new items to meet demand”. Many retailers agree that inventory can be scary. Inventory distortion” (the combined cost of out-of -stocks and overstocks) accounts for $1.1

Supply chain pain points: Automotive

Kinaxis

by Alexa Cheater 6 speed bumps on the road to automotive supply chain success. A trending move from regional to global supply chain processes is adding complexity to the automotive supply chain at an unprecedented level, driving a growing need for automation and collaboration.

Will Supply Chain Planning Productivity be a Hot Topic in 2017?

ToolsGroup

But this looks like the year attitudes are changing, particularly in forward-thinking supply chain organizations. Is their planning inefficiency preventing them from achieving advanced supply chain competitiveness? Supply Chain Planning

Top 3 Supply Chain Planning Buzzwords

Kinaxis

When it comes to supply chains, certain words seem to be bandied about like the ball at a championship tennis match. Back and forth, over and over, these supply chain buzzwords seem to have an endless lifespan.

What Supply Chain Risks Must Supply Chain Execs Keep Top of Mind?

Cerasis

Risk permeates supply chains. The best-laid plans to avoid as many risks as possible often fall on deaf ears in supply chain management, but supply chain executives who take the time to understand the greatest threats can successfully position their companies to overcome such risks. While there are thousands of possible supply chain risks in various supply chains, supply chain execs should keep these risks top of mind.

5 Key Trends Driving Supply Chain Innovation

Talking Logistics

When we speak to supply chain leaders about innovations in their supply chain, it’s not always about drones, self-driving trucks, or automated warehouses. 2 Real-time Network Inventory Control and Planning. Too often we think about inventory in a linear way.

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The top 25 supply chains and Survivor

Kinaxis

by CJ Wehlage A few years ago, Kevin O’Marah said Gartner’s Top 25 Supply Chains was getting increasingly boring. Gartner Analysts Top 10 – 2017. Peers Top 10 – 2017. McDonald’s has an inventory turn of 174.5.

Continuous delivery drives continued supply chain innovation

Kinaxis

When was the last time you made changes to your supply chain? If it’s been too long to remember, you’re likely lagging behind when it comes to supply chain innovation. For supply chains, the added complexity all this change is bringing about can be daunting.

The Best Way to Set Inventory Targets?

ToolsGroup

Source: Gartner, Cover Considerations—How to Optimize Retail and Consumer Product Inventory Targets, 2017. But I have to differ with the conclusions of a recent report, “ Cover Considerations — How to Optimize Retail and Consumer Product Inventory Targets.”.

Countdown to Kinexions ’17: FOMO and supply chain stories that inspire

Kinaxis

If you read my last blog post , you know that Kinexions is the premier supply chain conference event for our RapidResponse® user community. Merck: Node-to-node planning vs. E2E supply chain visibility. Easing the complexity of AMD’s supply chain planning.

Enhancing Supply Chain Network Design with Sophisticated Inventory Optimization

CHAINalytics

By Chris Keller | Principal, Supply Chain Design | Chainalytics | The complexity involved in simultaneously optimizing a supply chain network and the inventory within that network has traditionally proven to be a sufficient barrier to completing such exercises.

Coming soon to a supply chain near you: 8 big digital disruptors

Kinaxis

In reality, all this emerging tech, whether it’s turning your world upside down or not, is having a very real impact on how businesses manage their supply chains. He outlined eight emerging technologies that are most likely to drive dramatic changes across the CPG supply chain.

Improving Supply Chain Collaboration: Connecting People

Kinaxis

by Teresa Chiykowski This is the final blog post in our three-part series discussing ways to improve supply chain collaboration. Today, I’m going to tackle a third fundamental reason collaboration is failing: the disconnect between the people overseeing the supply chain.

A Shift in Supply Chain Planning Priorities?

ToolsGroup

but supply chain planning priorities are changing. For several years there has been a commonly held belief that focusing on improving demand forecast accuracy should be a top priority for Chief Supply Chain Officers (CSCOs).

Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure?

Cerasis

But, how do supply chain leaders and managers ensure their omnichannel supply chain is working. The answer lies using these omnichannel supply chain metrics to carefully track and improve operations continuously. Inventory Accuracy. It refers to the in-stock or out-of-stock accuracy of supplier inventory. This KPI should be as high as possible, reflecting accurate inventory available for customers from suppliers.

Where Does Supply Chain Design End and Planning Begin? (Takeaways from LLamasoft’s SummerCon 2017 Conference)

Talking Logistics

When it comes to supply chain design, we’re at another inflection point in the industry. Today, Supply Chain Design is becoming more operational and real-time, as companies have to respond more quickly and intelligently to fast-changing forces impacting their business (e.g.,

The lighter side of supply chain: 10 more supply chain jokes

Kinaxis

by Bill DuBois Much has changed in the world of supply chain since we published our last batch of supply chain jokes. Supply chain disruptions continue to be the norm. So here you go, some more supply chains jokes.

Supply Chain: Anything But Timeless

Supply Chain Shaman

Supply chains are anything but timeless. At a company, individuals define supply chain excellence based upon their own purview of time. Often when I visit a client, I witness circular discussions of supply chain excellence. Supply Chain Planner.

Carter’s: A Story of Supply Chain Leadership

Supply Chain Shaman

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The design of the supply chain is fundamental to making this happen. In our interview of the Supply Chains to Admire Winners, we found a unique approach at Carter’s.

Machine intelligence and human creativity in supply chain planning

Kinaxis

The book did make me reflect on my own experiences and views on the division of labor between the machines and human supply chain planners. Supply chains and planning for them are far more complex than ever.

The Top Supply Chain KPIs to Know

Cerasis

In the omnichannel supply chain , where order accuracy and on-time delivery are paramount, the difference between getting the right product to consumers at the right time and getting a similar product to consumers at the right time could be disastrous. This scenario exhibits why tracking the right supply chain KPIs enables continuous improvement. Perfect Order Is Chief Among Supply Chain KPIs. Key Performance Indicators Supply Chain

KPI 204

AI, ML aren’t magic pixie dust, and other supply chain insights from Kinexions day one

Kinaxis

As Kinaxis CEO John Sicard put it, artificial intelligence (AI) and machine learning (ML) aren’t magic, but they can help you create a little in your supply chain. AI in supply chain is a lot like teenagers having sex. RapidResponse plus supply chain equals a dream job.”.

The Top 6 Trends in Logistics Impacting Shippers in 2017

Cerasis

Although rate volatility is expected to stabilize in 2017, organizations must do more with fewer resources to survive. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers.

Trends 294