The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

The devil is definitely in the details. A study by the University of Michigan in 2018 showed how a patty of plant-based Beyond meat compared to a regular US beef patty of meat. The right way” emphasizes that our fundamental relationship with the Earth demands that products be made and transported in ways not harmful to the Earth.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 246

Supply Chain Shaman

OCTOBER 8, 2019

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. As shown in Figure 1, at a recent client engagement, there is a strong and clear process definition of the budget process and the lack of clarity and discipline in the demand flows for the supply chain. Time horizon.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Arkieva

FEBRUARY 20, 2018

Use this simple tool for identifying areas of potential improvement in the business to create an effective inventory management process. This type of measurement allows for a more widespread understanding of the nature of inventory and fosters action to prevent a build-up of non-value-adding "drag". Look beyond the Turnover Ratio!

Inventory Management Software 60

Inventory Management Software Inventory Management Inventory Reduction Inventory 60

Logility

DECEMBER 2, 2020

For example: Optimizing a distribution network not only reduces logistics costs but, in most cases, reduces carbon emissions through fewer transportation miles and/or less inventory holding costs. Source: Nielsen Product Insider, 10/20/2018. Unfortunately, an industry-accepted definition of a “Green Supply Chain” does not exist.

Supply Chain Planning Software 133

Supply Chain Planning Software Sourcing Strategies Supply Chain Planning Scenario Planning 133

Supply Chain Shaman

JUNE 15, 2018

Now in 2018, we are starting to see the evolution of “Gods” with new business models that are redefining supply chain processes. Most companies, along with consultants, feel that they know the definition of supply chain excellence. You can also argue that the genesis was chaos. This includes Alibaba, Amazon, and Tesla.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Enterra Insights

JANUARY 14, 2019

Omnichannel may not be one of the sexiest digital transformation trends in retail — but it is definitely the most necessary.”[3]. Omnichannel operations only succeed when inventory amounts and locations are known. 1] Douglas Pitassi, “ Top 4 Retail Trends For 2019 You Need To Know ,” WorthvieW , 6 December 2018. [2]

Trends 100

Trends Retail Predictive Analytics Software Supply Chain Software 100

Enterra Insights

MAY 3, 2018

Concerning consumer-facing cogs, Jeanne Bliss ( @JeanneBliss ), Founder and President of CustomerBliss, writes, “You probably know what omnichannel means, but a quick definition is always helpful. And also, how much and where the optimal inventory should go so we can satisfy that customer’s needs wherever she wants to shop.”[5]

Omnichannel 100

Omnichannel Procurement Analytics Supply Chain Design Software Analytics Software 100

Logility

AUGUST 16, 2021

If the importance of resilience gets diluted and filed under ‘IT project’ or ‘inventory reduction ideas,’ beware. . As evidence, Gartner recently published a report titled Ransomware is an Operational Problem. In short, corporations forced employees to go home and customers to go digital, and to do both very quickly.

Gartner 130

Gartner Supply Chain Planning Software Logility Supply and Demand 130

ModusLink Corporation

JANUARY 5, 2022

T he definition of Reverse Logistics. It has its first definition published only in the beginning of the nineties by the Council of Logistics Management (Bri-2004, S. Figure 1(The Reverse Logistics Process) (Chi-2018). Reverse Logistics is often referred to as Reverse Supply Chain, and part of Closed Loop Supply Chain.

Reverse Logistics 78

Reverse Logistics Logistics Network Optimization Software Innovation Supply Chain Software 78

Enterra Insights

OCTOBER 17, 2018

Ferraioli and Burke bluntly state, “By definition, data is the lifeblood of the DSN and the technologies that make it possible.” ” Transactional data : “Post-business-process information such as purchasing inventory records or sales volumes by region.” ” SupplyChainBrain , 27 August 2018.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 100

Enterra Insights

OCTOBER 1, 2019

How it will self-manage customer inventories. Fuzzy definitions. Cecere asserts the fog in which digital transformation must take place is dense because a clear and universal definition of digital transformation doesn’t exist. ” Her answer, “Nope, my definition is one of many. Over-arching superlatives.

Supply Chain Transformation 100

Supply Chain Transformation Supply Chain Planning Software Supply Chain Optimization Gartner 100

Talking Logistics

JULY 17, 2018

With the 2018 General Rate Increase (GRI), FedEx and UPS are further “tightening the vise” for oversize packages. Below is a comparison of 2017 vs. 2018 parameters for oversize shipments: Source: enVista. For example, if a package qualifies for oversize according to FedEx’s definition, it will receive an $80 charge (list rate).

Pricing Training 121

Pricing Training Negotiating Skills Purchasing Training Optimal Sourcing 121

Enterra Insights

AUGUST 14, 2018

They are: Common Definition of Time Horizons. ” Metrics Definition. There needs to be a common definition of supply chain excellence.” “Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function. ” Cycle Frequency. Footnotes. [1]

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Prescriptive Analytics Software Supply Chain Planning 100

PINC

OCTOBER 14, 2019

A perennial top industry issue, the driver shortage ranked as the industry’s top concern for the second consecutive year in 2018, according to ATRI. during the same period in 2018, and a 3.1% expansion in the first quarter, which mostly was buoyed by lower imports and higher inventories< , JOC reports.

Transportation 124

Transportation Trends Industrial Industry 124

Supply Chain Opz

MAY 1, 2018

The Definitive Guide to Order Fulfillment and Customer Service You can't say that you are a logistics management professional if you don't understand the customers. Related Article - 10 Best Supply Chain Management Books of All Time Last review and update: August 25, 2018 We try to shy away from the math-heavy book as much as possible.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Logistics Material Savings 100

Supply Chain Shaman

OCTOBER 8, 2017

If we look back at history, 70% of companies implemented Vendor Managed Inventory (VMI), however two-decades later only 1% of companies use VMI processes to drive a better demand signal. Inventory strategies and processes to absorb the error. When I hear this, I raise my hand to ask some basic questions. Tactical Demand Planning.

Supply and Demand 156

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 156

Kinaxis

NOVEMBER 14, 2019

My favorite definition was from a slide of this tweet: Difference between machine learning and AI: If it is written in Python, it’s probably machine learning. Mat Velloso (@matvelloso) November 23, 2018. Better supply chain execution is the goal, such as reducing inventory and stock outs. What is the forecast for AI/ML?

Forecasting 240

Forecasting Forecasting Software Supply Chain Planning Software Modeling Software 240

Logility

FEBRUARY 18, 2020

As a result, we need to agree on some definitions before focusing on the supply chain space. billion by 2025, growing at a CAGR of 46% between 2018 and 2025. Cost reduction occurs due to savings in reduced inventory and storage costs, goods being processed more quickly and faster distribution. Exhibit A: AI-powered yoga pants.

Supply Chain Planning Software 182

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply and Demand 182

Supply Chain Game Changer

DECEMBER 22, 2021

If you run an online business, you definitely know that managing it involves many moving parts. Note that these figures don’t include restocking expenses and losses on inventory. Since you can’t sell them before including them in your inventory, you won’t make profits from returned items. billion packages in 2018.

Procurement Solutions 96

Procurement Solutions Purchasing Skills Predictive Analytics Software Inventory Reduction 96

Enterra Insights

NOVEMBER 29, 2018

”[1] Although it’s accurate, that simple definition of a supply network and supply processes fails to capture the complexity of today’s modern supply chain. Sourcing : “Source processes involve obtaining goods and services to meet either planned or actual market demand. ” Neurochain , 11 September 2018. [2]

Optimal Sourcing 100

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 100

ShipBob

SEPTEMBER 25, 2023

New legal terms for CBD oil CBD has definitely undergone its share of legalization battles and still has some opposition, but there has been major progress along the way. The 2018 Farm Bill legalized hemp production across the US, which is great for sellers because CBD is produced from industrial hemp.

How To 98

How To Demand Planning Software Supply Chain Planning Software Analytics Software 98

Vinculum

AUGUST 5, 2021

Singapore, one among the four South Asian Tigers, is definitely a hotspot for business and eCommerce. Enterprise Singapore, which was formed on 1 April 2018, is known to distribute SME grants to successful grant applicants to aid SMEs. The post The Definitive Guide on Singapore SME Grants appeared first on Vinculum Group.

Singapore 52

Singapore Buyer Training Logistics Network Optimization Software Inventory Management Software 52

Arkieva

NOVEMBER 20, 2018

Need a portfolio pruning process or policy to keep a manageable inventory? Portfolio Pruning for Product Managers was first posted on November 20, 2018 at 8:45 am. Do others challenge your expanding portfolio or complicated offering? Want to take the drama out of keeping or deleting products?

Policies 61

Policies Inventory Reduction Supply Chain Strategy Inventory 61

IQMS

OCTOBER 18, 2019

Machine learning algorithms are finding these new patterns in supply chain data daily, without needing manual intervention or the definition of taxonomy to guide the analysis. Source: DHL, Artificial Intelligence in Logistics, 2018 (PDF, 45 pp., Source: DHL, Artificial Intelligence in Logistics, 2018 (PDF, 45 pp., no opt-in).

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

Unleashed

JUNE 2, 2022

A key challenge of omnichannel that automation can help with is maintaining accurate inventory across multiple channels Omnichannel vs multichannel eCommerce: what’s the difference? For example, with business functions working together to create streamlined and efficient workflows, omnichannel systems improve inventory control.

Omnichannel 97

Omnichannel Inventory Management Software Supply Chain Design Software Analytics Software 97

ShipBob

AUGUST 12, 2019

Cyber Monday 2018 was the largest online shopping day in US history, with spending close to $7.9 And 78% of ecommerce brands saw up to 30% growth in Cyber Weekend 2018 sales compared to 2017, with an additional 11% ecommerce brands seeing up to 50% growth in revenue. Mistake #3: Not ordering enough inventory.

Company 72

Company 3PL Supply and Demand Predictive Analytics Software 72

synchrono

JULY 9, 2018

WhatIs.com gives a pretty simple, yet solid definition of IT/OT convergence: IT/ OT convergence is the integration of information technology (IT) systems used for data-centric computing with operational technology ( OT ) systems used to monitor events, processes and devices and make adjustments in enterprise and industrial operations.

Demand Planning Software 54

Demand Planning Software Supply Chain Network Software Supply Chain Planning Software Predictive Analytics Software 54

Enterra Insights

SEPTEMBER 6, 2018

” Transactional data : “Post-business-process information such as purchasing inventory records or sales volumes by region.” 3 types of analytics can help ,” Supply Chain Dive , 10 July 2018. [3] 3 types of analytics can help ,” Supply Chain Dive , 10 July 2018. [3] Footnotes. [1]

Prescriptive Analytics Software 100

Prescriptive Analytics Software Data Predictive Analytics Analytics Software 100

Supply Chain Game Changer

NOVEMBER 7, 2018

10 Different Definitions! I prefer the simpler definition provided by the RLA. It is estimated that the E-Commerce market in 2018 will be about $1.5 What it meant was that the company had not spent any time to develop better forecasting, planning, and inventory management systems and processes. 10 Different Definitions!

Reverse Logistics 60

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Planning Software 60

Supply Chain Shaman

MARCH 3, 2018

In each of these process definitions, the “What?” And, when companies are better at supply chain planning (which is largely determined by talent development) their supply chains are more resilient and better balanced between cost and inventory targets. ” changed along with the “How?”

Supply Chain Design Software 152

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

E2open

MARCH 1, 2018

Thursday 1 March 2018. The demand from a Walmart DC or another retailer’s DC was lumpy by definition. Now, however, since Walmart’s DCs and stores won’t be storing inventory in excess of optimal levels determined by demand and supply characteristics, they’ll effectively be passing the end consumer demand through to CPG companies.

Supply and Demand 60

Supply and Demand Forecasting Modeling Supply Chain Planning Software 60

E2open

MARCH 1, 2018

Thursday 1 March 2018. The demand from a Walmart DC or another retailer’s DC was lumpy by definition. Now, however, since Walmart’s DCs and stores won’t be storing inventory in excess of optimal levels determined by demand and supply characteristics, they’ll effectively be passing the end consumer demand through to CPG companies.

Supply and Demand 60

Supply and Demand Forecasting Modeling Supply Chain Planning Software 60

Precoro

SEPTEMBER 29, 2021

Independent research by Exact in 2018 found that British SMEs are losing about £3.7 Automation ensures transparency, proper approval routing, inventory and budget control, saves your employees' time, paperwork and eliminates errors. billion due to poorly organized internal financial processes.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Negotiate Pricing Buyer Training 52

Enterra Insights

JUNE 14, 2019

He concludes, “The most important realization to be aware of is that the definition of AI that suits your business may be entirely different for others.” AI systems can also help with inventory control, logistics movement, and numerous other retail-related activities. ” That’s okay. AI can help. ”[5].

Supply Chain Network Software 113

Supply Chain Network Software Optimization Software Analytics Software Predictive Analytics Software 113

Enterra Insights

DECEMBER 27, 2019

A May, 2018 article in Forbes magazine stated that 90% of the data in the world was generated in the preceding two years. He explains, “Implementing AI is not a small feat and you may get bombarded with vague definitions and stories about how AI makes the world a better place.”[7] ” Inventory management.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Analytics Software 100

ShipBob

AUGUST 25, 2021

For instance, choosing between a domestic or overseas supplier will impact how quickly you ca receive new inventory, and where you story inventory based on customer location and demand can impact shipping costs and timelines. Once inventory is received, you can track real-time inventory flow from the ShipBob dashboard.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Optimization Software Inventory Reduction 52

E2open

FEBRUARY 21, 2018

Wednesday 21 February 2018. For Walmart, continuously refreshing its assortment based on what’s selling and what’s not depends not just on having inventory in the back of the store or DC but also on the absence of wasted effort spent handling materials that are not needed. Mohit Dubey, Senior Director, Product Marketing, E2open.

Pricing Training 60

Pricing Training Inventory Reduction Material Savings Price Reduction 60