Enterra Insights

JANUARY 21, 2022

Before starting such planning, however, they would do well to reflect on how things changed during the 2021 holiday shopping season. ” As I understand his statement, he is applauding retailers’ selling efforts in the midst of a pandemic, inventory shortages, and rising inflation. 2021 Holiday Retail Trends.

Price Reduction 130

Price Reduction Inventory Reduction Expense Reduction Cost Reduction Strategies 130

Arkieva

MAY 26, 2021

Often inventory is considered the simplest component of supply chain management that can successfully be managed separately. We will first review the basics of CPE and then address the use of target inventory (specifically ending finished goods inventory EFGI) in CPEs.

Price Mitigation Strategies 154

Price Mitigation Strategies Training Modeling Inventory Reduction 154

Logility

AUGUST 4, 2022

That’s up from 11% at the end of November 2021. One example: egg prices are up 56% , according to the Department of Agriculture, driven up by drought, a bird flu epidemic and the war in Ukraine. Then, as port problems eased, a glut of inventory – a phenomenon known as the “ bullwhip effect.” Big Box Blues.

Price Reduction 130

Price Reduction Inventory Reduction Analysis Resource Reduction 130

Ware2Go

APRIL 11, 2023

Learn how businesses of all sizes can help build a more sustainable eCommerce industry, with examples of environmentally friendly brands that are leading the way. The post Sustainable eCommerce: Examples of Environmentally Friendly Online Retail appeared first on Ware2Go. In 2022 alone, eCommerce returns generated 9.5

Examples 52

Examples Sustainability Purchasing Skills Retail 52

ivalua

NOVEMBER 26, 2020

For example, China and the United States are ranked 1 and 2 respectively for the production of rare earth elements, but this is deceiving as China is producing 5 times the amount of the United States. The post What are the best Supply Chain Strategies for 2021 appeared first on Ivalua. Stalwarts of Business Planning Showing Cracks.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

ToolsGroup

JULY 27, 2021

Consumer goods e-commerce sales for example increased 91% year over year according to a NielsenIQ analysis. A few examples we’ve written about are Amplifon (Miracle Ear) and a multi-national coffee bar company. Make Sure Your Inventory is Healthy. Traditional inventory approaches create stockouts and waste.

Agile and Lean Supply Chain 290

Agile and Lean Supply Chain Supply and Demand Supply Chain Planning Software Gartner 290

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. Why Has Inventory Been so Hard to Come By? Near the start of the pandemic, the inventory-to-sales ratio in the U.S. in April 2021. plummeted—first down to 1.21 months of sales.

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

Supply Chain Matters

JULY 6, 2022

During this unprecedented period of non-stop global supply chain disruption, the Supply Chain Matters blog provides readers with additional industry specific examples, along with their implications. Further reported was that about two-thirds of the company’s inventory was still in-transit at the end of the most recent quarter.

Supply Chain Disruption 52

Supply Chain Disruption Inventory Reduction Examples Supply Chain Strategy 52

Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. This is a significant shift from late 2021, when 93% faced serious disruptions. In other words, this is a far cry from 2021 and its dramatic capacity shortage.

Negotiating Skills 292

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 292

Logility

JUNE 3, 2021

ATLANTA – June 3, 2021 – Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced its selection as a 2021 Inbound Logistics Top 100 Logistics IT Provider for the 24 th consecutive year.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Logility Supply Chain Planning Software Analytics Software 130

Enterra Insights

FEBRUARY 16, 2021

High risk will be the new normal for 2021 and following years. Your supply chain software should help you forecast over a wide array of items (fast movers, intermittent, slow movers), across the entire network (even 2 or 3 tier), and provide target inventory levels (safety stock, reorder point, cycle stock).

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 100

Arkieva

FEBRUARY 10, 2021

In this blog are some analyses based on the Pareto principle (or as is very commonly referred to as ABC analysis) that one can do in order to determine the alignment of the inventory with the overall needs of the supply chain. Using ABC Analysis to Determine Off Balance Inventory was first posted on February 10, 2021 at 8:01 am.

Analysis 88

Analysis Inventory Supply Chain Planning Software Supply Chain Planning 88

Unleashed

SEPTEMBER 30, 2021

Vendor managed inventory (VMI) – when executed well – can be an efficient and cost-effective system for managing the supply of goods. We take a look at the potential advantages and disadvantages of a VMI system, and give examples of businesses that have used this method successfully. Learn more: What is Inventory Management?

Vendor Strategies 98

Vendor Strategies Inventory Reduction Inventory Inventory Management Software 98

Unleashed

FEBRUARY 9, 2021

So what are the food processing trends to watch out for in 2021? While the rolling out of the Covid-19 vaccine is highly positive and experts anticipate the pandemic will be largely over by the end of 2021, precautions remain in place and that makes safety a key and hugely important trend for the next 12 months.

Food 94

Food Manufacturing Procurement Supply Chain Software Trends 94

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? But consider, too, how you can turn those needs to your advantage in inventory management.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Unleashed

FEBRUARY 15, 2021

From the continuing impact of the global pandemic to the ever-increasing importance of ‘transparency technology’ and sustainable practices, the food industry has its work cut out for it in 2021. So if you have a thirst for knowledge, here’s all you need to know about food industry trends for 2021. Consumer trends in food industry.

Food 93

Food Trends Industrial Industry 93

Unleashed

OCTOBER 27, 2020

Whether 2021 will see a return to previous growth trends (2.7% per year in the US, from IbisWorld again), depends partly on global conditions – vaccine rollouts, and supply chain stability, for example. Here are three key medical device manufacturing challenges that will affect the industry in 2021.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Manufacturing Inventory Management Software 105

Arkieva

MARCH 2, 2021

Cost and Complexity – Factory Perspective on Inventory Golden Rules was first posted on March 2, 2021 at 8:03 am. The purpose of this blog is to explain a basic costing challenge in factories and their impact on critical SCM analysis and decisions.

Inventory 90

Inventory SCM Analysis Supply Chain 90

o9 Solutions

DECEMBER 21, 2021

The 2021 Christmas and New Year holiday season is facing a global supply shortage of Champagne. Moët Hennessy—which includes Moët & Chandon, Dom Pérignon, Ruinart, and Veuve Clicquot within its Champagne portfolio—reported a 22% rise in Champagne sales for the first three months of 2021 compared with the first quarter of 2020.”

Scenario Planning 98

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Supply Chain Matters

APRIL 18, 2022

In July of 2021, this iconic branded workwear retailer announced the promotion of Danilo Amoretty to the newly created role of Senior Vice President of Global Product Supply and Operations. Executive Moves. Augusti will also report to Carhartt President and COO Linda Hubbard. Bob Ferrari. All rights reserved. .

Modeling 52

Modeling Apparel Modeling Software Supply Chain Planning Software 52

Unleashed

JUNE 7, 2023

Inventory optimisation is the process that enables efficient inventory management. In this guide, we define inventory optimisation and offer a few actionable tips and strategies for getting it right every time. In this inventory optimisation guide: What is inventory optimisation?

Inventory Management Software 52

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

Supply Chain Game Changer

SEPTEMBER 15, 2021

Featuring Our 10 Best Inventory Management Articles! Inventory management is a holistic and logical methodology for handling both raw materials and finished products. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain. Subscribe Here!

Inventory Management Software 92

Inventory Management Software Manufacturing Procurement Inventory Management Supply Chain Planning Software 92

Supply Chain Shaman

SEPTEMBER 5, 2022

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. My take away?

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

Freightos

DECEMBER 20, 2022

After fairly stable pricing in the early months of COVID’s supply chain journey , the indicative spot rate to ship a forty foot container from China and East Asia to the US West Coast increased 14X from less than $1,500 per container pre-COVID to more than $20,000 in September 2021. Between May and September of 2021 alone rates tripled.

Purchasing Skills 156

Purchasing Skills Analysis Cost Reduction Strategies Freight 156

Intelligent Audit

MARCH 23, 2022

“Demand was greater than available inventory” was a common theme in many retailers’ earnings announcements in early Q1 of 2022. After a strong start to the quarter in inventory receipts and product sell-through, we experienced unexpected inventory receipt slides in key categories due to extended port and transportation delays.

Supply Chain Planning 52

Supply Chain Planning Scenario Planning Forecasting Agile and Lean Supply Chain 52

Supply Chain Game Changer

SEPTEMBER 1, 2021

A successful new business model has come to the forefront, and it doesn’t require you to have an inventory. How You Can Manage Your E-Commerce Store With No Inventory. The customer only needs to order the product from your storefront, which means you won’t need an inventory. of global retail sales. Drop shipping.

Inventory Reduction 87

Inventory Reduction Inventory Supply Chain Design Software Logistics Network Optimization Software 87

Supply Chain Shaman

JUNE 29, 2021

Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). Excellence happens at the trade-off of margin (not cost), growth, inventory, and Return on Invested Capital.

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 369

Logistics Viewpoints

FEBRUARY 26, 2024

While getting personal protection equipment was difficult, 2021 was an even more challenging time for the supply chain team. But in 2021, “all of a sudden there were just completely random shortages that occurred with no warning.” 2020 it was just a scramble for PPE,” Dr. Runkle explained. “We Then the risk solution fills in the gaps.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

BlueYonder

JULY 2, 2021

This enables higher planner productivity, better inventory management and an improved understanding of demand drivers and customer behavior. For example, if a graphic tee costs $60 or $70, and it’s not exactly to a customer’s taste, they’re going to want their money back. Retailers, what did Amazon Prime Day 2021 teach you?

Survey 102

Survey Trends Purchasing Skills Supply and Demand 102

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

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

ToolsGroup

FEBRUARY 7, 2022

As 2021’s holiday shopping statistics proved, pandemic or not, consumers are willing to spend. (My When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. Take Burlington, for example. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Intelligent Audit

SEPTEMBER 1, 2021

Reviewing shipping data associated with Amazon Prime Day 2021 will reveal insights related to carriers, cost analysis, and service levels that will prove useful in projecting peak season outcomes. Encouraging customers to order earlier is one solution to avoiding the peak season strain and inventory delays.

Shipping 52

Shipping Price Reduction Inventory Reduction Cost Reduction Strategies 52

Arkieva

SEPTEMBER 29, 2021

In today’s blog, we will share some examples to help Inventory Planners explore different methods available to calculate Demand Variance and decide which method is best suited for their products and businesses. How to Choose the Right Demand Variance Method to Calculate Safety Stock was first posted on September 29, 2021 at 8:39 am.

Supply and Demand 123

Supply and Demand How To Supply Chain Planning Examples 123

Logistics Viewpoints

OCTOBER 6, 2021

The economy is picking up after the severe contraction in labor, productivity, and inventory that occurred during the height of the pandemic. Inventory, Efficiency, and the Extended Supply Chain. But the US ratio of total business inventories to sales is hovering at a 25-year low. So it stretches back up the supply chain.

Supply Chain Disruption 213

Supply Chain Disruption Agile and Lean Supply Chain Supply and Demand Supply Chain 213

IQMS

FEBRUARY 25, 2021

Take demand planning, the urgent role of supply chain management software, and the need for achieving greater manufacturing efficiency for power tools, for example. Stanley Black & Decker didn’t see new orders as retailers were drawing down on their inventories to preserve cash. The January PMI registered 58.7%, down 1.8%

Supply Chain Planning Software 66

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Demand Planning Software 66