Supply Chain Shaman

JUNE 1, 2022

I work with a group that has a sub-team focused on cost, one on customer service, and one on inventory, but lack alignment on a standard definition of supply chain excellence. On average, industries carry 38 more days of inventory than in 2007. The problem is that most of it is the wrong inventory due to planning fallacies.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 195

Supply Chain Shaman

JULY 25, 2021

Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). Lack of Focus on Form & Function of Inventory and Designing Network Flows. As supply chains moved from regional to global, intransit and cycle inventories increased.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

EazyStock

OCTOBER 21, 2021

Wouter van der Zwaan, Finance and IT Manager at TerraSana Natuurvoeding BV, was looking for a solution to improve his company’s capabilities in terms of inventory optimization. TerraSana is growing fast, and it was getting harder to manage our inventory. EazyStock was rapidly implemented, and TerraSana quickly saw results.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Supply Chain Planning Software Forecasting Software 52

Supply Chain Shaman

APRIL 9, 2021

Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Sadly, most of it is the wrong inventory. Despite spending 1.1% Alignment Barriers.

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

Supply Chain Matters

MARCH 10, 2022

The Supply Chain Matters blog continues with our annual listing of our most read blog commentaries that were published and of keen interest to our readers during the year 2021. The years of 2020 and 2021 presented unprecedented pandemic and other related challenges to industry and global supply chains. October 8, 2021.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement 52

Supply Chain Shaman

FEBRUARY 28, 2021

For example, Vendor Managed Inventory (VMI) systems, a useful stream of customer data, do not connect to planning. Success happens when the right question is aligned to the right analytical technique with a clear definition of what makes a better decision. These definitions are cursory discussions of very complex topics within AI.

Supply Chain Planning Software 359

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 359

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Sustainability is definitely coming of age in Asia. The applications of AI and ML can not only optimise stock inventory and cost margins, they play a key role in dynamic routing of deliveries in shortest distance and timeframe possible, to consumers. LogiSYM Supply Chain Magazine – September 2021. Load More.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

Supply Chain Shaman

SEPTEMBER 28, 2022

Definition: “Someone’s efforts, resolve, or viability are tested; things are meaningfully challenging. Results in the Automotive Industry for the period of 2012-2021. We find that three factors mattered: organizational alignment, descriptive analytics, and inventory management. “ Wikipedia.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

The Logistics of Logistics

JUNE 23, 2022

In addition, retailers are struggling to move inventory initially ordered in the first quarter of 2022 to make way for back-to-school and holiday merchandise. The peak season definition is a continued evolution of the seasons in transportation. for the same period in 2021. over the 2021 cost, such as in the New England region.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

Supply Chain Shaman

JUNE 7, 2021

I did not think that anyone had a clear definition of supply chain excellence. Using new technologies in traditional process definitions reduces the potential for value enablement. Companies want a definitive Return on Investment (ROI), limiting the opportunity to test and learn with new technologies. I disagreed.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Supply Chain Shaman

SEPTEMBER 22, 2021

This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). Spring 2020-February 2021. We started the pandemic with twenty-one more days of inventory than we had in 2007. March 2021-August 2021. September 2021-March 2022.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Supply Chain Shaman

FEBRUARY 28, 2021

For example, Vendor Managed Inventory (VMI) systems, a useful stream of customer data, do not connect to planning. Success happens when the right question is aligned to the right analytical technique with a clear definition of what makes a better decision. These definitions are cursory discussions of very complex topics within AI.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 217

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. It has its first definition published only in the beginning of the nineties by the Council of Logistics Management (Bri-2004, S. 2021, October 10).

Reverse Logistics 78

Reverse Logistics Logistics Network Optimization Software Innovation Supply Chain Software 78

Supply Chain Shaman

JUNE 29, 2022

in 2020 to 25.6 % in 2021, reaching a market size of $553 billion. In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. Focus on right-sizing inventories. This was the biggest escalation since the 31.8%

Supply Chain Design Software 251

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 251

ModusLink Corporation

OCTOBER 27, 2021

Different variables must be considered when selecting the right manufacturing strategy such as labor/inventory costs, customer demand, product customization, raw material type, etc. Top Supply Chain Priorities 2021) Statista. 2021, January 26). provider and pharma/life sciences executives 2021. 2021, January 26).

Waste Reduction 78

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 78

Enterra Insights

JUNE 25, 2021

The 2021 holiday shopping season could be hugely successful if recent trends continue. Kearney’s Consumer Products and Retail Practice, asserts, “Retailers need to review forecasts and inventory commitments for Holiday 2021 which could be a blockbuster. For example, overall retail sales in April rose by 51.2%

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 130

Enterra Insights

FEBRUARY 7, 2022

” By definition, an “intelligent” supply chain leverages some type of cognitive technology. Automating processes for improved inventory turnovers. With AI, you can get better inventory management and delivery logistics while reducing operating costs.” ” Concluding Thoughts. Footnotes. [1]

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Analytics Software Inventory Management Software 130

Logistics Viewpoints

OCTOBER 7, 2022

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. The recently released National Retail Security Survey shows that total shrink in 2021 reported by retailers is now almost a $100 billion problem.

Logistics Network Optimization Software 185

Logistics Network Optimization Software Real Estate New York Logistics 185

RFgen

DECEMBER 6, 2018

Research conducted by B2B research firm MarketsandMarkets revealed that the BYOD and enterprise mobility market size is estimated to double between 2016 and 2021, growing to USD 73.30 Billion by 2021 at a CAGR of 15.87%. The post Hardware 101: A Definitive Crash Course in Enterprise Mobility appeared first on RFgen.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Supply Chain Network Software 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

in 2020 to 25.6 % in 2021, reaching a market size of $553 billion. In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. Focus on right-sizing inventories. This was the biggest escalation since the 31.8%

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Supply Chain Shaman

SEPTEMBER 10, 2020

COVID-19 drove a cancellation, but I hope to host the event again in 2021 in Franklin, TN. The briefings are full of terms like demand sensing, control tower concepts, digital transformation, and cognitive computing, but when I ask for definitions, the answers are not forthcoming. Let’s start with some definitions: Planning.

Supply Chain Planning Software 395

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 395

Arkieva

NOVEMBER 9, 2021

The folks in the trenches want a definitive answer – give me a simple metric that I can use in all cases that provides guidance. Complexity Exists Whether You Ignore It or Not was first posted on November 9, 2021 at 1:02 pm. They do not want the academic cop out – “it depends”. Tools of the Trade: How “Forecastable” is Your Data?

Forecasting Software 78

Forecasting Software Forecasting Supply Chain Planning Software Supply Chain Software 78

Supply Chain Game Changer

FEBRUARY 1, 2022

In March of 2021 we heard about Logistics when a ship blocked passage through the Suez Canal. In the second half of 2021 we heard about the enormous log jam for overseas shipping in ports around the world. Definition of Logistics. Featuring Our Top 16 Articles on Freight and Logistics! Let’s explore.

Logistics Network Optimization Software 89

Logistics Network Optimization Software Logistics Resource Reduction Military 89

Enterra Insights

OCTOBER 21, 2021

Customer returns also fit this definition and make up a large percentage of reverse logistics concerns that retailers and logistics organizations handle. This is where recycling comes into play, and where you can make your supply chain sustainable and rid it of excess inventory and costs.” Robinson Blog, 18 May 2021. [4]

Reverse Logistics 130

Reverse Logistics Cost Reduction Strategies Material Savings Manufacturing Procurement 130

Unleashed

JULY 4, 2021

Bonded warehouses can be owned by a government or by private businesses and can be helpful in creating inventory and cashflow efficiencies. Once the logistics are in hand, however, bonded warehouses can be extremely useful for companies in terms of inventory efficiencies and cashflow. Where are bonded warehouses located?

Warehousing 59

Warehousing United Kingdom New Zealand Australia 59

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

Enterra Insights

JANUARY 31, 2023

The exact percentage of grocery sales coming from e-commerce depends on the source and method of analysis, as well as whether the researcher includes non-consumable items in its category definition.” online grocery sales grew 17.9% [in 2021] after 94.4% billion in 2021 and projects it will nearly double to $243.67

Omnichannel 130

Omnichannel Predictive Analytics Software Price Reduction Inventory Reduction 130

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The shifts in growth from 2019-2021 are dramatic. The decline in inventory turns uses cash. My question is, “Why?”

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Supply Chain Matters

DECEMBER 13, 2022

The stated overall theme for our 2021 predictions series was a ‘ year of renewal’ where new thinking, definition and directions would be addressed for what is required in a “ new normal ” of business. One of the most valuable learnings of 2020 was the value and dedication of people in supporting supply chain customer fulfillment needs.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Optimization Supply Chain Software Supply Chain Strategy 52

Enterra Insights

NOVEMBER 15, 2021

Journalist Jessi Devenyns ( @jdevenyns4 ) reports the research found, “More than eight in 10 consumers purchased a different brand from the one they normally purchase [during the summer of 2021]. An assumption implicit in that definition is that consumers are making deliberate, perhaps even rational, decisions. ”[5].

Purchasing Skills 130

Purchasing Skills Supply Chain Design Software Procurement Solutions Price Reduction 130

Enterra Insights

MARCH 11, 2021

Companies are beginning to explore on-demand manufacturing rather than traditional manufacturing models, meaning they can keep less physical inventory on-hand. ” SuppyChainBrain, 1 February 2021. [3] Garcia, “ The Value of Supply Chain Management ,” Supply Chain Digital, 4 February 2021. [4] 3] Laura V.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning 130

20Cube Logistics

JANUARY 27, 2022

However markets recovered themselves in 2021 to greater extent and the economists are forecasting an expansion of that steady growth in the year 2022 as well. In case situations stay the way it was in 2021, Asian producers of electronic gadgets would try to keep their prices in check. International Travel Policies.

Manufacturing Procurement 83

Manufacturing Procurement Asia Currency Policies 83

Supply Chain Game Changer

OCTOBER 8, 2020

The focus is definitely on the efficiency of operations relating to technological applications. The abbreviated Wikipedia definition is “any device that perceives its environment and takes actions that maximize its chance of successfully achieving its goals.” The big question is; are you ready? If not, perhaps we can help.

Predictive Analytics Software 74

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 74

Arkieva

JULY 13, 2021

Five Steps to Develop an Effective S&OP Process – Step 4: Balance Supply and Demand was first posted on July 13, 2021 at 1:25 pm. In today's blog, we discuss step 4 Balancing Supply & Demand where we will answer some key questions with respect to balancing supply and demand.

Supply and Demand 150

Supply and Demand S&OP Scenario Planning Supply Chain Planning 150

Supply Chain Opz

APRIL 1, 2018

Definitive Guide to Transportation, The: Principles, Strategies, and Decisions for the Effective Flow of Goods and Services Pros: This book covers 3 aspects of transportation, namely, transportation policy, modes of transportation, and transportation planning and execution. : People with some prior logistics knowledge or college students.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

Supply Chain Matters

JULY 25, 2022

The basis of our 2022 predictions were our belief that the 2021 predictions theme of Renewal was shifting toward one of Reexamination of business process practices and decision-making needs. Our stated belief was that the multi-industry supply chain challenges of 2021 would not abate and would linger in some cases into 2023.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

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. Backorders. Damaged Products.

Procurement Solutions 96

Procurement Solutions Purchasing Skills Predictive Analytics Software Inventory Reduction 96