Supply Chain Shaman

FEBRUARY 14, 2022

Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Deployment of deeper statistical engines for inventory management with a focus on safety stock will improve inventory levels. Industries carried on average 32 days more inventory in 2020 than in 2007.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Logility

FEBRUARY 3, 2021

In a recent Logility blog post , Richie Proud, vice president of planning and inventory at Curaleaf, said this about the upheaval in the retail fashion sector: The digital transformation of the fashion industry has been immense over the past 6 months. The current suite of metrics were built for a time that no longer exists.

Metrics 176

Metrics Prescriptive Analytics Software Retail Analytics Software 176

Supply Chain Shaman

JUNE 7, 2021

For example, client-server to cloud architectures offered great promise for process innovation, but companies just moved their processes without asking how to drive new levels of value from technology. Companies entered the pandemic with twenty more days of inventory than at the beginning of the great recession. Reflection.

Gartner 199

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 199

Arkieva

JANUARY 27, 2017

While it is nice to envision supply chains in 2020 or 2030 the truth is; for many manufacturing businesses, discussions about future supply chain innovations, often leads to a “yeah.right,” smirk by supply chain executives – this with good reason. Determine the Metrics That Matter. Data Cleansing and System Integration.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 60

Logistics Viewpoints

SEPTEMBER 20, 2022

“May you live in interesting times,” widely attributed as a Chinese curse, some claim this as a blessing; whichever side you take, this is exactly what’s happening in the supply chain world since 2020, and it looks like we will be living with this blessing/curse for a while longer. Examples of Composability in Supply Chain Planning Platforms.

Supply Chain Planning Software 195

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 195

QAD

AUGUST 12, 2021

Consider a few examples: In the beginning of 2021, Apple announced executive bonus modifications based on environmental values. In 2020, Coca-Cola achieved a goal to reduce relative carbon emissions by 25% by 2020, against a 2010 baseline, and is now working on further reductions.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

Enterra Insights

JUNE 24, 2022

Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.”

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

GlobalTranz

FEBRUARY 25, 2021

According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. By learning how to calculate it and change it to their advantage, companies can accelerate cash inflow and free up money that would otherwise be tied up in inventory.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

QAD

JANUARY 6, 2022

In 2020, Deloitte conducted an extensive survey about digital transformation and found that: “Digitally mature companies enjoy a wide range of specific benefits arising from their digital transformations that include, but go well beyond, the bottom line. The authors refer to the bounty of benefits that accrue from digital maturity.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Software Optimization Software Tools 92

Supply Chain Opz

SEPTEMBER 1, 2018

BATNA" (Best Alternative to a Negotiated Agreement aka Best Case Scenario) and "WATNA" (Worst Alternative to a Negotiated Agreement aka Worst Case Scenario) are the examples of theories from this school of thought. Generalization" is an example of a theory that explains that people tend to use the experience to respond to similar situations.

Negotiating Skills 100

Negotiating Skills Purchasing Skills Buyer Training Six Sigma 100

Enterra Insights

MARCH 30, 2022

For example, in the early stages of the pandemic, consumers bought many more cleaning products and shelf-stable foodstuffs than normal. Retailers need to consider a multitude of metrics, including the role of the category in the store and across channels from the shopper’s point of view (do shoppers see it as a convenience or a necessity?),

Trends 130

Trends Procurement Analytics Inventory Reduction Cost Reduction Strategies 130

Locus Robotics

JANUARY 2, 2024

An example of AI-enabled workflow optimization is traffic heat maps that you can use to identify and eliminate bottlenecks in your warehouse picking routes or putaway processes. Automation for Peak and Beyond Since 2020, there has been a significant evolution in the nature of peak periods and bid times.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Locus Robotics

JANUARY 2, 2024

An example of AI-enabled workflow optimization is traffic heat maps that you can use to identify and eliminate bottlenecks in your warehouse picking routes or putaway processes. Automation for Peak and Beyond Since 2020, there has been a significant evolution in the nature of peak periods and bid times.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Supply Chain Shaman

NOVEMBER 9, 2014

Let me give you an example: Last week, I gave a presentation at a global supply chain team meeting of 175 professionals. I also believed that this company would have the best inventory and customer service. This starts by clearly defining the roles of each function, and then focusing the cross-functional teams on the same metrics.

Manufacturing Procurement 287

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 287

Enterra Insights

FEBRUARY 1, 2021

” They add, “AI is expected to be able to progressively make a range of complex decisions, more autonomously (for example; better predict demand, set inventory levels, reroute transportation, redesign the supply and distribution network).” ” FreightWaves, 11 December 2020. [3] ” Step 3.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Optimization 113

ThroughPut

JULY 24, 2022

In 2020, the strongest players started rethinking their planning strategies. As retailers face a growing number of challenges by way of increasing product mix complexity, excess inventory, and stockouts and missed sales opportunities, there is a growing need for more transparent, resilient supply chains.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Software Forecasting Software Optimization Software 96

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. New Study Shows a Rise in US Company Inventories. This and much more, in your Monday supply chain briefing from Arkieva.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Logistics Viewpoints

OCTOBER 4, 2021

To say that the pandemic made 2020 a very challenging year would be a gross understatement. Because of service disruptions – not being able to buy toilet paper, for example – the supply chain has been more discussed than ever before. For the rest of 2020, service levels stayed at 86%. 2020 was different.

Inventory Reduction 223

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 223

ShipBob

JANUARY 23, 2023

An example of a last-mile carrier is Amazon, who has increased their last-mile efforts in order to increase delivery speed and in turn, customer satisfaction. At the beginning of 2020, FedEx announced that it was taking steps to increase efficiency and lower the costs of last-mile residential deliveries as ecommerce sales continue to grow.

3PL 98

3PL Cost Reduction Strategies Inventory Reduction Expense Reduction 98

Elementum

JUNE 30, 2022

The economy is careening toward Stagflation While countries all over the world responded to the pandemic in March 2020, companies quickly began to see the cost to produce goods go up. For example, in a Recession the economy could contract by 2%. Suppliers will continue to ship orders in an effort to get the inventory off their books.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

Enterra Insights

AUGUST 14, 2018

” Metrics Definition. “The organization needs to be clear on the metrics that matter and the alignment of vertical silos’ metrics to the balanced portfolio. “Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function.

Supply Chain Planning Software 100

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

Enterra Insights

SEPTEMBER 28, 2020

“Though some industries are ahead in their application of AI — retail for example — Bain & Company research says no one is ‘mastering the technology.’ 1] Tina Wilson, “ How CPG brands can harness data to flourish in the age of disruption ,” ClickZ, 5 August 2020. [2] Footnotes. [1] 5] Michael C.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Supply Chain Shaman

MARCH 6, 2015

We wanted to see which companies were driving the fastest rate of improvement on the supply chain metrics that matter. Note that they are pushing progress faster than their peer group and outperforming in all areas except inventory turns. One example was the journey to improve forecast accuracy. We built a roadmap from there….”.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 150

CH Robinson Transportfolio

JULY 28, 2020

While no one could have predicted the level of change 2020 has already brought, it is also creating new opportunities for the first time. For example, C.H. Every decision becomes more impactful based on these metrics. Outsourcing: Better expertise and reduced costs. Providers like C.H.

Resource Reduction 55

Resource Reduction Vendor Strategies Cost Reduction Strategies Inventory Reduction 55

DynaSys

FEBRUARY 3, 2021

These are just a few high profile examples. For example, suppliers heavily invested in entertainment or travel-related service sectors may have issues, as may aerospace tier suppliers. You also need to assess quickly where the marketplace will be after any run on inventory” according to Pat Bower, Director of Demand Planning at Combe.

Modeling 97

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 97

Vanguard Software

APRIL 16, 2021

2020 Illustrates the Need for Better Supply Chain Scenario Planning. A transformational business benefit of supply chain simulation is optimization-based scenario planning , determining how to optimize key metrics such as supply chain cost, risk, efficiency, and inventory. Product Mix Analysis. Conclusion.

Modeling 52

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Software 52

Supply Chain Game Changer

FEBRUARY 19, 2020

For example, if a package originates at Red Stag Fulfillment’s Knoxville warehouse, the origin ZIP code starts with 377. For example, a 5-pound package shipped by FedEx Ground costs $9.87 For example, FedEx has eight different zones for FedEx Ground and FedEx Home Delivery. FedEx rates for 2020 are here. for Zone 8.

Negotiating Skills 96

Negotiating Skills Price Reduction Cost Reduction Strategies Shipping 96

6 River Systems

OCTOBER 14, 2022

Without it, your inventory stays on the shelf, and your customers look elsewhere to get what they need. Inventory management techniques. It involves: Inventory management. This capacity isn’t just about customer service, either — it’s about inventory management. Inventory management techniques. Warehousing.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

Supply Chain Trend

DECEMBER 22, 2023

Decision Cycles & Decision Types In a 2020 Foresight article , I highlight the different horizons in common business planning cycles and how they are related. For example a monthly triggered risk analysis (set of simulations) from your e2e supply chain. Decision quality will become a performance metric in IBP.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

Logistics Bureau

NOVEMBER 16, 2020

That event was the global COVID-19 pandemic, which erupted during the first half of 2020. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. For example, you can be doing finance in supply chain, or you can be doing operations. Finance managers.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Alloy

AUGUST 6, 2019

Read on for the top metrics you should watch to evaluate whether you sunk or soared this Prime Day, and prepare your team for the next major shopping holiday. An important related metric is the conversion rate from page views to sales. The event puts shopping top of mind and creates a broad halo that you can take advantage of.

Forecasting 40

Forecasting Procurement Analytics Inventory Reduction Alloy 40

Locus

DECEMBER 16, 2021

While the top apparel and accessory brands agree that product quality should get better with time, inventory priorities are always fluctuating. Only a modern and digital supply chain that is ever-evolving can manage the product quality, inventory volume, and fashion supplier relationships that the industry requires.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 52

IQMS

JULY 11, 2019

Asset Management, Supply Chain Management, and Inventory Management are the hottest areas of artificial intelligence, machine learning and IoT adoption in manufacturing today. Source: Digital Factories 2020: Shaping the future of manufacturing (48 pp., Due to machine learning, overall inventory reductions of 20 to 50% are possible.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Veridian Solutions

OCTOBER 16, 2019

While warehouses today deploy some level of automation, the value of automation in managing warehouse efficiency, scalability, and effectiveness will become paramount in 2020. As with any practical use of technology, metrics will also play a role in determining success, notes Supply Chain Brain.

Warehousing 45

Warehousing Supply Chain Software Demand Planning Software Inventory Management Software 45

RFgen

JULY 11, 2017

By 2020, the industry is expected to bring in annual revenues of $27-trillion. For example, many online retailers have found themselves needing to accelerate order fulfillment and shipping to maintain their competitive place in the industry. Conversely, restocking store inventories will require more structured, high-volume shipments.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Network Software Demand Planning Software Inventory Management Software 52

RFgen

JULY 11, 2017

By 2020, the industry is expected to bring in annual revenues of $27-trillion. For example, many online retailers have found themselves needing to accelerate order fulfillment and shipping to maintain their competitive place in the industry. Conversely, restocking store inventories will require more structured, high-volume shipments.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Network Software Demand Planning Software Inventory Management Software 52