Supply Chain Shaman

FEBRUARY 7, 2022

To understand the phenomenon , the 2019 GDP was 2.16%. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

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). The term “AI” is overused.

Supply Chain Design Software 283

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

Logistics Viewpoints

JULY 22, 2021

In the research conducted by Supply Chain Insights , only 35% of the respondents rated their S&OP process as effective or extremely effective in 2019 compared to 65% for the same in 2016. Strategic placement of inventory buffers to ensure sufficient ability to absorb shocks.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

Logistics Viewpoints

MARCH 8, 2021

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. How do we best handle surging transportation costs? In 2018, they implemented a LLamasoft inventory optimization solution.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 255

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

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SupplyPike

MAY 27, 2020

Learn about: Cross-docking Walmart’s inventory technology Shelf-scanning robots Vendor-management inventory. Walmart’s global inventory is worth more than $32 billion on any given day and presently operates more than 11,500 stores across 27 countries. Walmart’s inventory strategy primarily revolves around cross-docking.

Vendor Strategies 74

Vendor Strategies Inventory Reduction Price Reduction Sourcing Strategies 74

CH Robinson Transportfolio

SEPTEMBER 28, 2021

Robinson Director of Research and Market Intelligence: The truck driver shortage is top of mind for many as supply chain disruptions continue, port backlogs persist, and the gap between inventory supply and sales demand widens. How many more truck drivers are needed to balance demand for truck transportation with the supply of capacity?

Michigan 82

Michigan Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 82

Supply Chain Matters

JUNE 7, 2023

Transportation utilization reportedly dipped a hefty 9.5 Consequently, transportation prices reportedly declined 8.9 Noted was a late May decline, largely driven by a more pronounced shift in inventories in the second half of May, reflecting a higher rate of expansion in the first half. That summation reinforces that the U.S.

Negotiating Skills 52

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Supply Chain Matters

MARCH 7, 2023

GSPI Index Returns to Normalcy The Federal Reserve Bank of New York’s Global Supply Chain Pressures Index (GSPI) compiles 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. The reported biggest movers in February were Transportation Costs which declined 5.9

Supply Chain Software 52

Supply Chain Software Supply Chain Cost Reduction Strategies Inventory Reduction 52

Supply Chain Matters

JULY 6, 2022

Elevated transportation and logistics costs and longer transit times have impacted profitability, despite ongoing price increases imposed on products. Further reported was that about two-thirds of the company’s inventory was still in-transit at the end of the most recent quarter. billion, while sales associated with the U.S.

Supply Chain Disruption 52

Supply Chain Disruption Inventory Reduction Examples Supply Chain Strategy 52

American Global Logistics

DECEMBER 7, 2022

We had a hangover from the pandemic: Which led to continued inventory shortages, closures of manufacturing plants in China, congested ports, and underemployment. In 2019, both countries combined exported 25.4% Inflation set in for fuel and transport costs, increasing logistics costs as a whole over last year. of all wheat.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

Supply Chain Matters

AUGUST 8, 2022

This index complies 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. Specifically indicated by report authors for the July report: “ Fueling this deflationary pressure are levels of growth in available Transportation Capacity (reading in at 69.1)

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

BlueYonder

MARCH 6, 2020

A New York Times article from August 2019 highlights how much artificial intelligence (AI) is indebted to humans. where is my inventory,” and leverage ML-based recommendations to find alternate sources of supply and integrated execution capabilities to turn recommendations into alternate supply shipments.

Real-time Visibility 90

Real-time Visibility Modeling Supply Chain Planning Software Supply Chain Software 90

ModusLink Corporation

NOVEMBER 18, 2021

When the product has a defect after its production, it is sent back to the inventory to reuse or recycle it. Sustainable procurement: consists of environmentally friendly purchasing that carry reduction, reuse, and recycle. Retrieved from Ikea.com. Retrieved from Kobo360.com. Logistrap packing services. Retrieved from Logistrap.com.

Waste Reduction 78

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Shipsy

JANUARY 28, 2021

SCM is the management of the flow of goods or services from source to destination by following activities like demand planning, raw material procurement, production, inventory management, order management, movement and storage, and transportation and logistics. dollars in 2019. Improve inventory and warehouse management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Management Software Analytics Software 52

Supply Chain Matters

AUGUST 11, 2022

In this particular assessment, we reflect on our prediction that cost inflation trends that occurred among global logistics and transportation modes last year, would be unsustainable, and would drive remediation efforts. Mid-Year Global Transportation Assessment.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Cost Reduction Strategies Supply Chain Strategy 52

ShipBob

SEPTEMBER 29, 2021

This involves meeting them where they are, and giving them both the shopping and transportation options they want. . From managing inventory flow to ensuring that customers receive shipments on time, retail logistics streamlines the different stages of your ecommerce supply chain to keep your business running smoothly.

Optimal Sourcing 52

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Supply Chain Matters

JULY 20, 2022

front that retailers and certain businesses may have procured too much inventory , and now that these inventories have arrived, the challenge will be not to exposed to a decline in consumer buying activity in the months to come. percent of GDP between the two years from 2019 to 2021. percent of GDP to 6.2

Manufacturing Procurement 98

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Supply Chain Matters

AUGUST 4, 2022

The second half of the year has traditionally been the busiest period in material, transportation and logistics flows. Supply chain logistics B2B platform provider project44 produces a series termed Supply Chain Insights by project44 which extracts select data from the provider’s tracking of global transportation and logistics flows.

Supply Chain Planning Software 52

Supply Chain Planning Software Global Supply Chain Planning Supply Chain Software 52

Enterra Insights

JULY 22, 2020

between 2019 to 2024, more than doubling in size. These include demand forecasting, predictive pricing strategies, inventory management, logistics and predictive maintenance.” 4] Shannon Kearns, “ The Limitations of Predictive Analytics Tools and Why Execs Should Care ,” The Stream by River Logic, 19 January 2019. [5]

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Supply Chain Planning Software 100

NC State SCRC

NOVEMBER 2, 2021

A study conducted by LinkedIn’s Economic Graph team , compared recent job-switching patterns (July through September 2021) with the same three-month period in 2019. Transportation and logistics has seen a 34.9% All told, more than 700,000 career moves were analyzed. Logistics ranked No.

Supply Chain Planning 52

Supply Chain Planning Supply Chain Supply and Demand Scenario Planning 52

Supply Chain Matters

JUNE 21, 2022

economy through the lens of the logistics and transportation sector in terms of costs and implications to the economy during 2021. Costs to store and finance generally lower inventory levels during the year reportedly rose by nearly 26 percent, while transportation costs rose by nearly 22 percent. percent over 2019.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Freight Plus

OCTOBER 25, 2019

This, along with many other leading indicators (transportation data, inverted yield curves, lower GDP) still make the possibility of a recession in 2020 a real possibility. They also purchased a bunch of new equipment in early 2019 so their operating costs are a little higher. Chris: I agree that they are staying very disciplined.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Eliminating Excel in Purchasing Manufacturing Procurement 40

Enterra Insights

MAY 21, 2020

If you just have visibility to transportation processes, like what you can get in a transportation management system for example, then ‘control tower’ is not the right term. While there are many types of visibility, the most frequent use case is either sourcing or transportation visibility.” ”[3].

Supply Chain Planning Software 100

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

NC State SCRC

MAY 27, 2021

The majority of the people working within it were inventory logisticians, not supply chain logisticians. That means most individuals did not have experience managing warehouse and transportation and acquisition activities, but were rather focused on optimizing the stockpile of goods given very limited funding.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Waste Reduction Resource Reduction 52

ToolsGroup

SEPTEMBER 21, 2021

Sarah Voorhees has spent the last 12 years of her career in supply chain leadership roles, where she’s reimagined demand and supply planning and inventory management practices at consumer goods and distribution companies. It began with optimizing the use of ToolsGroup supply chain planning software to improve RAJA’s customer service levels.

ToolsGroup 24

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 24

Intelligent Audit

DECEMBER 12, 2022

As shippers drew down existing inventories, replenishment became necessary to quickly satisfy consumers’ spending habits. 2022 ushered in a year of higher fuel prices attributed to the Russian invasion of Ukraine in March, declines in spot rates, and higher inventory levels for many retailers.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 52

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. In 2017, the company began to look at new options for warehousing, knowing it would need to start placing inventory closer to customers if it wanted to compete in the challenging omnichannel retail space.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

Resilinc

OCTOBER 11, 2022

There are a lot of hard-headed realists in the procurement and supply chain profession. Industries that are facing the biggest labor shortages are construction, transportation, warehousing, hospitality and local service businesses like salons and dry cleaners—all staffed by a significant proportion of immigrants.

Manufacturing Procurement 62

Manufacturing Procurement China South Carolina Mexico 62

Enterra Insights

FEBRUARY 13, 2019

Machine learning can prove useful all along the supply chain from procurement to production to marketing to after sales support. “Companies are extending the life of key supply chain assets including machinery, engines, transportation and warehouse equipment by finding new patterns in usage data collected via IoT sensors.”

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

Supply Chain Matters

APRIL 1, 2022

Financial results were positive and included annual net revenues increasing 32 percent on a year-over year basis, and 42 percent when compared to pre-pandemic 2019. Friedman went on to articulate that transit times to move inventory from Asia to the U.S. Operating margin has reached nearly 26 percent, up 1.2 basis points.

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Material Savings 52

MIT Supply Chain

MARCH 8, 2021

Supply and demand fluctuate in the market for truck transportation, as they do in any other market. The extreme market conditions now being experienced may actually be unprecedented, according to attendees at the Securing Transportation Capacity in Challenging Markets roundtable on February 25, 2021. However, in U.S.

Freight 52

Freight Supply Chain Planning Software Industrial Industry 52

EazyStock

DECEMBER 17, 2019

The new year is upon us, and with the end of 2019 we reach the end of the decade – and the beginning of 2020. AI can be used in supply chain planning to analyze huge datasets and provide an analysis of supply and demand trends for better procurement. Intro to 2020 Supply Chain Management Trends. Cloud-based Technology.

Supply Chain Design Software 81

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Trends 81

Turvo

SEPTEMBER 24, 2021

This includes the industrial space as business-to-business buyers in procurement, who have experienced shopping experience on Amazon, have come to both expect and demand a similar buying experience in their professional lives. . It grew by over 20% from 2018 to 2019. And customer satisfaction drives profit growth.

Logistics Network Optimization Software 70

Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software Eliminating Excel in Purchasing 70

Talking Logistics

FEBRUARY 9, 2016

ports will compete for customers, especially in 2018 and 2019 when the International Longshoremen’s Association (ILA) and International Longshore and Warehouse Union (ILWU) contracts will be renegotiated. In my opinion, there will be more than one way to procure capacity, rates, and services for the 2016-2017 season.

Panama 100

Panama Supply Chain Planning Scenario Planning Price Reduction 100

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. New knowledge and insights from machine learning are revolutionizing supply chain management as a result. 15th, 2017 (PDF.,

Supply Chain Planning Software 73

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

SupplyOn

NOVEMBER 7, 2019

Airbus harmonized its global procurement processes with a innovative, highly comprehensive initiative featuring AirSupply, earning a well-deserved nomination for the German Logistics Award The construction of an aircraft is preceded by a highly complex, sophisticated procurement process.

Manufacturing Procurement 8

Manufacturing Procurement Optimal Sourcing Procurement Material Savings 8