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). Ecolab, L’Oreal, and TJX are exceptions.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

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 287

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 287

NC State SCRC

APRIL 2, 2023

The term “COE” is often a commonly heard term in supply managers’ vernacular, but it’s interesting to note that Centers of Excellence as an organizational entity have been around for more than fifty years – and evolved first in the form of what was called “shared services”.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Only 29% of manufacturers easily manage total cost trade-offs. After six months of analysis, we decided the best fit was the combination of growth, inventory turns, operating margin, and Return on Invested Capital.

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Supply Chain Shaman

JANUARY 31, 2022

To understand the phenomenon , the 2019 GDP was 2.16%. Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. Lucas had a team that dictated sourcing based on excel spreadsheet analysis to reduce cost and improve tax efficiency. Manufacturing equipment lead times were 19 months.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

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. Here are just a few examples: Predictive maintenance: In manufacturing, predictive analytics supports predictive maintenance.

Supply Chain Planning Software 298

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

Supply Chain Shaman

DECEMBER 30, 2021

Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free). Freight Rates 2019-2021. Manufacturers build “control towers” but there is no network dial tone between parties to enable prescriptive analytics and alerts.). So what you might say?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

Supply Chain Shaman

FEBRUARY 7, 2022

To understand the phenomenon , the 2019 GDP was 2.16%. Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. Lucas had a team that dictated sourcing based on excel spreadsheet analysis to reduce cost and improve tax efficiency. Manufacturing equipment lead times were 19 months.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

MAY 30, 2019

Meanwhile, turbulence is the norm for manufacturing supply chains. When the recession of 2019-2020 happens, the whiplash will be higher than the 2007 recession. At the end of the day, customers buy based on value not on the cool factor of the technology. Second Step: Understand the Role of Inventory. I watch in amusement.

Inventory Reduction 197

Inventory Reduction Waste Reduction Cost Reduction Strategies Sourcing Strategies 197

Supply Chain Shaman

SEPTEMBER 13, 2021

When the repair estimate was 5X the cost of the car, I wrote the dealer a check and drove off in a 2019 Lincoln Nautilus with 4,200 miles. Trade-offs include options like an alternate bill of materials, a shift in sourcing, or the move to outsourced manufacturing. Transportation and manufacturing reliability compounds supplier issues.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Purchasing Skills 195

Unleashed

JUNE 3, 2020

The issue is also particularly bad for manufacturers. According to the ONS , in the year to December 2019, UK manufacturers became 1.6% And more to the point, how can an individual manufacturing firm – in the UK or elsewhere – lift their own productivity performance? So what’s going wrong?

Manufacturing Procurement 85

Manufacturing Procurement Price Reduction Cost Reduction Strategies Waste Reduction 85

Supply Chain Shaman

OCTOBER 2, 2020

I called the customer service line for the manufacturer and was told that the only thing I could do was call a maintenance specialist. At the Supply Chain Insights Global Conference in 2019, an attendee stopped me after the third case study of the Supply Chains to Admire award winner. The Sleep Number Story of Supply Chain Excellence.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

Enterra Insights

OCTOBER 26, 2022

From supporting cutting-edge cancer research to helping businesses track their inventory, machine learning and AI offer the ability to disrupt and enhance our existing processes in virtually every segment of society.”[1]. is a big fat lie ,” Big Think, 23 January 2019. [4] ”[1]. Footnotes. [1] 3] Eric Siegel, “ Why A.I.

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. HarbisonWalker International Manufactures and Distributes Refractory Products. HWI employed a crawl-walk-run methodology. Monolithics are unshaped refractory products.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Inventory.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

C3 Solutions

JUNE 19, 2020

For companies seeking to survive and excel in the current 'retail apocalypse' , understanding the right technologies to employ in their supply chain operations is critical. It's estimated that in 2019 the global e-commerce market will climb by almost 21 percent to US$3.53 5] It was estimated that in 2018 and 2019 the U.S.

Supply Chain Software 137

Supply Chain Software Distribution Retail Supply Chain Design Software 137

DynaSys

MAY 12, 2021

In 2019, NEOVIA was purchased by the ADM Group. This new purchase led to a shift in company culture. In addition, manufacturers who use ADM’s additive products can switch quite quickly from one type of product to another; depending on changes in regulations and market expectations. .

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 52

Enterra Insights

JANUARY 6, 2021

” In order to achieve that goal, companies need to move from Excel spreadsheets to cognitive technologies with embedded advanced analytics. ” In other words, digital transformation is not about buying technologies, it’s about using technologies the right way. ” Her answer, “I don’t think so. Delivering.

Supply Chain Design Software 190

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 190

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

Freight Plus

OCTOBER 25, 2019

Industrial production accounts for 55%-60% of ODFL’s mix and domestic manufacturing overall is in contractionary territory. Sometimes that works better than trying to find and hire drivers, buy trucks, add line haul equipment, management, and so on to pick up freight that doesn’t add to bottom-line numbers. All excellent points.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Eliminating Excel in Purchasing Manufacturing Procurement 40

IQMS

JUNE 4, 2019

99% of mid-market manufacturing executives are familiar with Industry 4.0, Mid-market manufacturers getting the most value out of Industry 4.0 excel at orchestrating a variety of technologies to find new ways to excel at product quality, improve shop floor productivity, meet delivery dates, and control costs. no opt-in).

Supply Chain Planning Software 56

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Sourcing Strategies 56

Vinculum

AUGUST 23, 2022

Or perhaps you already have a physical location but are having trouble keeping your inventory and orders in sync? The solution, then, is to link your order, inventory, and logistics to speed up inventory turnaround and coordinate your efforts. You must exercise extreme caution when choosing and purchasing a WMS.

United Arab Emirates 52

United Arab Emirates Optimization Software Inventory Management Software Logistics Network Optimization Software 52

Resilinc

JANUARY 23, 2024

In manufacturing, you are ‘clear to build’ when you have everything you need to make a product, but if one part is missing (often referred to as a ‘gold screw’), you can’t build. Then, everything else becomes inventory. In the book, we encourage people to think about what makes excellent supply chains thrive and flow.

Supply Chain Risk Management 101

Supply Chain Risk Management Risk Management Supply Chain Software Supply Chain Design Software 101

ShipBob

OCTOBER 9, 2023

Shopify Fulfillment Network ( SFN ) is Shopify’s fulfillment service that brands can use to store inventory and fulfill customer orders. Launched in 2019, Shopify introduced SFN to offer fulfillment capabilities for ecommerce brands already using the online shopping platform. There is a lot to keep in mind when it comes to fulfillment.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Supply Chain Network Software Inventory Management Software Supply Chain Planning Software 98

RFgen

AUGUST 7, 2022

This guide is intended to help food manufacturers and distributors: Consider the requirements of FDA traceability compliance, Calculate the potential costs of a recall, Review solutions other companies have used successfully to track food, Gain practical advice for how to improve traceability systems and processes, and.

Food 52

Food Supply Chain Design Software Supply Chain Software Manufacturing Procurement 52

Vinculum

JULY 7, 2020

As people are making buying choices based on new and ever-changing global and local circumstances, the product categories that are being purchased are also changing. These are: Proactive health-minded buying (purchasing preventative health and wellness products). How You can Scale Your Retail Business.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Demand Planning Software Retail 52

Unleashed

JANUARY 28, 2021

For coffee manufacturers, the story is slightly different. billion), growth is in the positives – 0.5% (2015-20) and 2.7% (2019-20). However, we should note that the data on manufacturers also includes tea products, which represent about 17% of the sector. Manufacturers are once again in a healthier position, showing an 8.6%

Manufacturing Procurement 59

Manufacturing Procurement Purchasing Skills New Zealand Australia 59

ShipBob

AUGUST 12, 2019

Oh, and 2019 is projected to be even bigger. Missed our 2019 Holiday Accelerator Summit? For example, offering either 10% off the entire purchase or a free small gift when a customer retweets a specific tweet. Mistake #3: Not ordering enough inventory. Keep an eye on inventory levels throughout the season as well.

Company 72

Company 3PL Supply and Demand Predictive Analytics Software 72

Unleashed

NOVEMBER 22, 2021

We answer all these questions and more – including how inventory management software will help you manage your supply chain for your freeport warehouse or factory. They especially encourage manufacturing and design enterprises that import, process and then re-export goods. In this 2022 guide to freeports: What is a freeport?

Supply Chain Design Software 98

Supply Chain Design Software Manufacturing Procurement Inventory Management Software Supply Chain Planning Software 98

Zipline Logistics

JULY 13, 2021

Increased consumer spending drove imports as brands brought in added product to keep up with inventory restocks. As domestic brands continue to place orders with Chinese manufacturers, the country is scrambling to keep up. Currently, manufacturers are sitting 8-12 weeks behind production schedules.

Trends 52

Trends Retail Cost Reduction Strategies Inventory Reduction 52

Supply Chain Matters

JUNE 21, 2022

As inventory-to-sales ratios dropped to near record lows, inter-modal logistics networks were forced to try to manage and synchronize essentially just-in-time material movements which were out of sync in many important dimensions. percent over 2019. business logistics costs for 2021. . Specific Highlights. billion, an increase of 24.3

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

6 River Systems

JULY 25, 2019

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

RFgen

AUGUST 14, 2019

In a 2019 survey titled Warehousing Vision Study conducted by Zebra Technologies Corp., In the same survey, 80% of respondents indicated that they planned to invest in new technologies to remain competitive while 92% believed WMS functionality will benefit mobile-equipped workers for inventory tracking tasks. WMS vs Advanced WMS.

Optimization Software 55

Optimization Software Supply Chain Design Software Inventory Management Software Supply Chain Planning Software 55

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. Here are just a few examples: Predictive maintenance: In manufacturing, predictive analytics supports predictive maintenance.

Supply Chain Planning Software 59

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

6 River Systems

OCTOBER 12, 2020

As logistics costs were already on the rise in 2018 and 2019, companies are now faced with supply shortages, stress on the U.S. A shift to manufacturing critical goods like pharmaceuticals in the United States would lead to higher production costs, for instance. We follow a stringent procedure to organize inventory in our warehouses.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

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