Talking Logistics

MAY 6, 2019

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. And it begins with improving their inventory accuracy. The Inventory Accuracy “Confidence Gap”.

Optimal Sourcing 141

Optimal Sourcing Real-time Visibility Inventory Logistics Network Optimization Software 141

Logistics Viewpoints

FEBRUARY 28, 2022

Having an agent detect how long it takes to ship from a supplier site to a manufacturing facility, and then doing a running calculation on how the average lead time is changing, is trivial math. A better forecast leads to carrying less inventory while maintaining or even improving service levels. But that was pre-COVID.

Optimal Sourcing 282

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 282

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Supply Chain Shaman

JUNE 28, 2020

On Thursday morning, I began an engagement with a food manufacturer attempting to drive “Supply Chain 2.0. Most companies have a hairy, audacious goal, but have failed to give it definition. Along with most companies in consumer products…). Yet, less than 10% of companies actively pursue these agility strategies.

Cost Reduction Strategies 432

Cost Reduction Strategies Inventory Reduction Supply Chain Design Software Modeling 432

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Sadly, most of it is the wrong inventory. Despite spending 1.1%

Supply Chain Planning Software 363

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 363

Unleashed

AUGUST 9, 2021

Material Requirements Planning (MRP) software can be a great option when a business is struggling to juggle the multiple elements of the manufacturing process. Here we look at the way three companies have implemented an MRP system, and how this has benefitted their businesses in different ways. What do we have? What are we capable of?

Inventory Management Software 98

Inventory Management Software Supply Chain Planning Software Predictive Analytics Software Demand Planning Software 98

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

ToolsGroup

JUNE 11, 2019

With all the buzz around digital transformation, someone peering in from outside supply chain may assume most businesses have already digitized essential tasks like inventory planning. This article will share five things you need to know about optimizing inventory in the digital age.

Optimization Software 244

Optimization Software Supply Chain Optimization Supply Chain Planning Software Network Optimization 244

Supply Chain Shaman

APRIL 27, 2022

Executive teams strive to drive improvement in supply chain results; yet, sadly, only four percent of public companies succeed. In this area of research, I find that companies are like dogs chasing cars. The grass is always greener at another company. Now, I view the company as a supply chain laggard. The reason?

Procurement Analytics 345

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 345

Supply Chain Brain

AUGUST 21, 2020

What does best-in-class forecasting and inventory management look like? Now in its ninth year, E2open’s 2019 Forecasting and Inventory Benchmark Study is the most consistent, comprehensive and useful study of its kind.

Forecasting 40

Forecasting Benchmarking Study Inventory Reduction 40

NC State SCRC

SEPTEMBER 19, 2023

(This is not a good look going into union negotiations…) The Big 3 are in pretty good shape in terms of inventory – many have 50-40 days of inventory, and for popular models like trucks and SUV’s, up to 70 days of inventory. This is intended to promote domestic manufacturing, so this is unlikely to go off shore.

Negotiate Pricing 52

Negotiate Pricing Automotive Negotiating Skills Company 52

DELMIA Quintiq

SEPTEMBER 17, 2020

Some manufacturers saw a complete devastation of their keg businesses. billion liters less than in 2019. While there are big challenges on the horizon for the industry, companies and brands can still try to take advantage of emerging opportunities. As a result, global beer consumption this year is expected to be 8.2

Modeling 296

Modeling S&OP Supply and Demand Scenario Planning 296

Enterra Insights

DECEMBER 12, 2019

Manufacturers have historically found themselves at the cutting edge of technological advances. It’s surprising, then, to read stories encouraging manufacturers to jump aboard the Digital Age technology bandwagon. ” He noted, “Each of these technologies will fundamentally change how products are manufactured.”

Analytics Software 100

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 100

ToolsGroup

NOVEMBER 8, 2021

Combined company gives retailers a powerful new technology arsenal to efficiently improve product availability under constrained supply and outperform the competition. Agile supply chain management remains a core mission that manufacturers, distributors and retailers must get right.

ToolsGroup 317

ToolsGroup Modeling Demand Management Demand Planning Software 317

Supply Chain Shaman

SEPTEMBER 5, 2022

Currently, companies struggle with rolling electric outages in China. Only 7% feel that their company managed disruption well. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Business continuity continues to be a risk for many retailers and manufacturers.

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 239

Supply Chain Shaman

FEBRUARY 14, 2022

In 2022, I frequently ask companies to draw their river of demand. Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. The process designed to help companies manage constraints outside of lead time took on a life of its own.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Enterra Insights

JANUARY 21, 2019

Daniel Newman, CEO of Broadsuite Media Group, explains, “Market analysts predict the number of connected devices in the manufacturing industry will double between 2017 and 2020. Manufacturers will be able to prevent delays, improve production performance, reduce equipment downtime and manage inventory.”[6].

Internet of things 100

Internet of things Trends Predictive Analytics Software Supply Chain Network Software 100

The Logistics of Logistics

MARCH 2, 2022

Michael Ringsdorf is the experienced Vice President of Transportation & Logistics with a demonstrated history of working for a global company in the direct sales and cosmetics industry. And we were recently named by Forbes as one of America’s Best Midsize Employers 2019. The company was founded by Mary Kay Ash in 1963.

Supply Chain Software 242

Supply Chain Software Supply Chain Planning Software Supply Chain Planning Supply and Demand 242

Talking Logistics

JANUARY 10, 2019

As we begin 2019, what are the key lessons learned from last year, and what trends and factors should shippers keep an eye on to make sure they’re able to respond effectively to whatever happens in the transportation market in the weeks and months ahead? Economic factors impacting 2019 transportation. What to watch for in 2019.

Supply and Demand 101

Supply and Demand Demand Planning Software Transportation Supply Chain Planning Software 101

Enterra Insights

AUGUST 1, 2019

Every supply chain professional understands inventory is a necessary evil. Carry too little inventory and you can miss out on sales and anger customers. Carry too much inventory and you increase handling costs and cut into profits. The inventory optimization challenge. ”[2]. ”[2].

Optimal Sourcing 124

Optimal Sourcing Modeling Inventory Reduction Supply Chain Optimization 124

IQMS

JANUARY 22, 2019

Manufacturing CIOs are now expected to be business strategists first, technical experts second as many are expected increase IT’s contributions to growth. Security will become a growth catalyst in 2019 as it assures uninterrupted operations. Security will become a growth catalyst in 2019 as it assures uninterrupted operations.

Predictive Analytics Software 46

Predictive Analytics Software Predictive Analytics Prescriptive Analytics Software Analytics Software 46

Kinaxis

APRIL 18, 2019

With LogiPharma 2019 in the books, a big congratulations goes out to all the organizers, speakers, vendors and attendees for a successful event. Which brings me to my first observation of LogiPharma 2019: the people running life sciences supply chains care deeply about their patients. by Bill DuBois. Then there’s the unexpected risks.

Supply Chain Planning Software 132

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Supply Chain Strategy 132

Unleashed

AUGUST 30, 2021

Here we examine manufacturing downtime in detail, including what it is, what causes it, and what it can cost your business. Because even small manufacturing firms with limited capital can reduce the risk of suffering unexpected outages through measures like preventive maintenance, staff training and the use of smart manufacturing software.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Predictive Analytics Software Material Savings 98

6 River Systems

JULY 29, 2020

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Even Amazon used third-party logistics companies when the company first started, until reaching sufficient scale to have a logistics arm of its own.

Warehousing 111

Warehousing 3PL Company Third Party Logistics 111

ToolsGroup

SEPTEMBER 25, 2019

New survey finds that most companies are still formulating and gaining support for a digital strategy, with fear of change and data challenges as leading roadblocks. . Drivers of supply chain planning digitization vary significantly by company, with 42% identifying increased operational efficiencies (e.g. BOSTON, Mass.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

Stord

APRIL 14, 2019

Apple is cleaning up its supply chain , announcing that 21 of its manufacturers have promised to switch completely to clean energy. This is the most recent step in the company’s sustainability initiatives: last year, it acquired enough clean energy to power all of its own operations. Any big stories we missed? Thoughts or comments?

Warehousing 60

Warehousing Supply Chain Software Inventory Reduction Cost Reduction Strategies 60

Stord

APRIL 11, 2022

The out-of-stock sticker shock we experienced in the past few years is forcing retailers to take a hard look at how they plan inventory. Product availability was a clear problem during the pandemic: last holiday season, consumers saw over 6 billion out-of-stock messages online , a 253% increase over the 2019 season. in April 2021.

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

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). They did it. Shifts in Technology.

Supply Chain Design Software 292

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 292

Supply Chain Shaman

JULY 6, 2020

Frank, the line manager for manufacturing, dominated the meetings. Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. The analysis covers the period from 2010 to 2019.

Agile and Lean Supply Chain 295

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 295

Supply Chain Shaman

OCTOBER 13, 2022

While one might argue that the availability of better data and insights can help companies make better decisions, let me share why I struggle with the analogy. The issues of process latency—a company’s ability to align on data to make a decision—are greater with the heightened levels of disruption. See the pattern?

Supply Chain Planning Software 219

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 219

AFFLINK

DECEMBER 20, 2018

Effectively managing your company's supply chain can lead to increased revenue and less expense on preventable problems. For a business to become a market leader in 2019, supply chain visibility is going to be crucial. How Companies Make the Supply Chain More Visible. What Is Supply Chain Visibility and Why Is It Important?

Supply Chain Design Software 83

Supply Chain Design Software Supply Chain Planning Software Supply Chain Visibility Real-time Visibility 83

Logistics Bureau

SEPTEMBER 28, 2020

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. the digitisation of manufacturing. What is 4PL? What is 3PL?

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 96

PINC

MARCH 24, 2020

In an uncertain world where supply chain disruption is becoming a certainty, here’s how good inventory management enabled by automation can help companies gain the supply chain visibility they need to keep the wheels turning. ” Maintaining the Right Inventory Balance. percent due to the coronavirus.

Supply Chain Software 100

Supply Chain Software Inventory Reduction Inventory Management Software Optimal Sourcing 100

QAD

OCTOBER 27, 2020

Our health care industry depends on the pharmaceutical and medical device industries, and they, in turn, depend on contract manufacturing organizations (CMOs) for their outsourced manufacturing. Like other manufacturers, CMOs lose efficiency due to the ongoing effects of disruption on their operations.

Pharmaceutical 98

Pharmaceutical Manufacturing Supply Chain Planning Software Supply Chain Software 98

Supply Chain Matters

MARCH 29, 2022

The Supply Chain Matters blog highlights this week’s announcement from athletic footwear designer and manufacturer New Balance of the grand opening of this company’s fifth production facility in North America. In a published Supply Chain Matters at the time , we pointed out that despite knowledge that manufacturing shoes in the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing Strategies Expense Reduction 52

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

According to research from McKinsey & Company, the supply chain dimension has the lowest level of digitization (43%) compared to other dimensions, including products and services, marketing and distribution channels, business processes, and new entrants at the ecosystem level.

Supply Chain Planning Software 298

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