Supply Chain Shaman

FEBRUARY 7, 2022

The US GDP in 2021 grew at an unexpected rate of 5.7% A container from Shanghai to Long Beach was 56 days in 2020 and increased to 80 days in 2021. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. in the second year of the pandemic. Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 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. Above-average holiday shipping seasons in 2020 and 2021 led to an above-average returns rate in the usual Quiet Season. for the same period in 2021.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

Logistics Viewpoints

FEBRUARY 2, 2024

Congress established the program in 2021 through the BIL and dedicated $5 billion to the program over a five-year period. percent year-on-year decline in cargo ton miles to 1.8bn, although this metric increased by 9.5 Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

Logility

MARCH 16, 2021

ATLANTA – March 16, 2021 – Logility, Inc., This online webcast will continue the discussion and help the audience learn what it means to deliver better business outcomes in 2021 through the lens of managing supply variability. Part Two of Live Series Uncovers Additional Supply Chain Resilience Insights. EST Register Today: [link].

Supply Chain Planning Software 130

Supply Chain Planning Software Analytics Software Demand Planning Software Optimization Software 130

DynaSys

FEBRUARY 3, 2021

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. When it comes to inventory planning, the notion that what happened yesterday will probably happen tomorrow has been erased by COVID-19. How to approach the new reality?

Modeling 98

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 98

Supply Chain Matters

JULY 7, 2023

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

Logistics Viewpoints

JUNE 1, 2023

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. in 2021 compared to the year before.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 192

Logility

MARCH 4, 2021

It’s time to show the value of clear guidance codified in playbooks, modeling, constraint-based analyses, clear metrics, inventory strategy, and designing the supply chain. In part one of our two-part series, Logility’s executive vice president Mac McGary and Supply?Chain?Insights Supply chain gurus Mac and Lora share insights?into

Demand Planning Software 220

Demand Planning Software Supply and Demand Modeling Supply Chain Design Software 220

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 184

Logistics Network Optimization Software Real Estate New York Logistics 184

Enterra Insights

AUGUST 18, 2021

” Inventory Management. Inventory embedded with the proper sensors can be tracked in real-time via the IoT. Supply chain journalist Catherine Metcalf explains, “Businesses can now place IoT sensors with a variety of components to help manage inventory more efficiently. Now, the cobot brings everything to the picker.”

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

Supply Chain Shaman

JUNE 7, 2021

Companies entered the pandemic with twenty more days of inventory than at the beginning of the great recession. A balance sheet analysis shows that 95% of publicly traded manufacturers are stuck (when compared to peer group) at the intersection of growth and margin, margin and inventory turns, and Return on Invested Capital (ROIC) and growth.

Gartner 197

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

Unleashed

DECEMBER 13, 2023

Index figures are calculated from a combination of core performance metrics, including sales performance, purchasing and internal efficiency. The Q3 2023 index scores are based on more than 400,000 data points from 2,600 manufacturing firms using the Unleashed inventory management system.

Manufacturing Procurement 52

Manufacturing Procurement New Zealand Manufacturing Beverage 52

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

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

ShipBob

APRIL 26, 2023

The upstream supply chain refers to the flow of inventory in the pre-production stage, mostly in relation to the organization’s suppliers. This was followed shortly by the Great Resignation, with resignation rates in the manufacturing industry almost hitting 60% in late 2021. Let’s get into it. What is the upstream supply chain?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

QAD

JANUARY 6, 2022

In its 2021 survey, Deloitte once again affirmed the fact that more digitally mature businesses outperform industry averages on a variety of financial metrics. Others, such as reducing environmental impact and increasing workforce diversity, are increasingly seen as part of companies’ broader social responsibility.”.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Optimization Software Tools 93

Supply Chain Shaman

JULY 21, 2022

To help, we analyze business results each year to understand which companies outperform on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) over the past ten years. We calculate the results based on public data from the period 2012-2021. Why do we spend four months doing this?

Supply Chain Design Software 195

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

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

Supply Chain Game Changer

JULY 21, 2021

Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses. Inventory Turnover (Cash). Product Management KPIs! Get Our EBOOK HERE. Procurement Cost.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

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

QAD

AUGUST 12, 2021

If you’re reading this blog in 2021, you know about the increasing importance of sustainability and reduced environmental impact with fires in the western US, excessive flooding in Europe and a recent Canadian heat wave. In other examples, you’ll find ERP provides the necessary insights and metrics, like OEE , to enhance production execution.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

Logistics Viewpoints

APRIL 4, 2022

For some customers, they manage the inventory using a vendor managed inventory program. In some case they manage inventory at the customer’s site. “We The longer it takes a supplier to deliver their goods to a manufacturer, the more inventory that manufacturer is forced to hold. The company has over 300,000 products.

Supply Chain Transformation 193

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 193

The Logistics & Supply Chain Management Society

MAY 28, 2022

In E2open’s Supply Chain Innovation Report 2021 , 73% of respondents claimed their supply chain is either moderately, slightly, or not at all resilient. The most valued capability for the future according to E2open’s research, is real-time visibility into demand and inventory. Risk planning and technology utilisation.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

Enterra Insights

MARCH 30, 2022

As many brands continue to grapple with supply chain challenges and grocery retailers strive to fill the sudden increase in online shopping orders through their brick-and-mortar stores, both must rethink their pre-pandemic notions of ideal store-level inventory levels, category management, and maximizing a store’s footprint and linear real estate.”[3]

Trends 130

Trends Procurement Analytics Inventory Reduction Cost Reduction Strategies 130

American Global Logistics

JULY 14, 2023

However, there is a need for more precise and comprehensive metrics to understand the full economic impact of supply chains. The services industry, which is much larger than the goods sector, has started a potential wage-price spiral through pay raises granted in 2021 and 2022. business logistics amounts to 9.1% The cost of U.S.

North Carolina 52

North Carolina Supply Chain Software Modeling Procurement Analytics 52

ShipBob

JULY 2, 2021

By using a combination of technologies like AI, machine learning, and predictive analytics, online brands can manage complex supply chains by automating warehouse operations, improving delivery times, easily managing inventory, optimizing third-party communication, and creating new customer experiences that increase satisfaction and boost sales.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

Multichannel Merchant

DECEMBER 5, 2022

Adrian Mitchell, Chief Financial Officer of the department store chain, said the semi-automated facilities will allow Macy’s to better utilize inventory in specific markets and regions. ” Earlier this year, the company decided against spinning off its ecommerce business , as Saks Fifth Avenue had done in 2021. .

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Supply Chain Software 52

Logility

FEBRUARY 23, 2022

million for the nine months ended January 31, 2021. million when compared to January 31, 2021. wholly owned subsidiaries of the Company, were recognized among Food Logistics’ 2021 Top Software and Technology Providers. EBITDA increased by 58% to $10.9 million for the nine months ended January 31, 2022 compared to $6.9

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Demand Planning Software 130

Enterra Insights

JULY 27, 2021

Increase forecasting accuracy to reduce obsolete inventory. Folmar adds, “Achieving full-scale sustainability and circularity cannot happen without end-to-end alignment, hierarchical connectivity, integration of all parts of your supply chain (forward and reverse), performance metrics, and business processes.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 100

Arena Solutions

APRIL 4, 2023

6 manufacturing trends you need to know The Great Resignation This recent trend began in 2021 when employees voluntarily left jobs in search of opportunities with better wages, working environments, and work-life balance. Metrics monitoring Real-time data can be accessed globally using cloud computing. is a highly complex process.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. You don’t necessarily need to use all the following metrics in your procurement department. 7 Procurement KPIs You Should be Using. Best Regards, Rob O’Byrne.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Supply Chain Game Changer

AUGUST 30, 2021

Inventory Management Beyond the Mystery (Ebook). Various supply chain topics, such as financial metric analysis and strategy-driven scorecards, are covered using real real-life examples and case studies serve to illustrate how strategies affect the supply chain and financial performance. Subscribe Here! Email Address.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

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. million by 2025.

Supply Chain Planning Software 52

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

ThroughPut

OCTOBER 22, 2021

In 2021 , the retail sector experienced drastic global inventory distortion. Supply Variability: Supply variability can occur at the procurement level as well as in-store inventory levels. Parallelly, if the demand slows down, excess inventory can take up expensive storage space in both warehouses as well as stores.

Inventory Reduction 52

Inventory Reduction Expense Reduction Resource Reduction Cost Reduction Strategies 52

3PL Insights

MAY 3, 2021

May 03, 2021— Evans Distribution Systems, a leading provider of third-party logistics and supply chain solutions, launched a new business intelligence tool: evans365. Our customers identified a need for a data insight tool that shows trends in their inventory and transactions,” Evans says. MELVINDALE, Mich., This is only the beginning.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Tools Distribution 52

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) Understanding this relationship requires modeling. (A A Case Study.

Procurement Analytics 332

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 332

Logistics Bureau

APRIL 19, 2021

What would be the key number, or metric that you would need to know? If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry.

Benchmarking 98

Benchmarking Supply Chain Performance Supply Chain Exercises 98