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. Belief in efficient procurement.

Supply Chain Planning Software 357

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

Supply Chain Game Changer

DECEMBER 14, 2021

Our 2021 Top 10 List! Supply Chain Game Changer is recognized as a Top 10 site globally in Supply Chain, Logistics, and Procurement. So let’s review our Top 10 list articles for the second half of 2021! Post Pandemic Inventory Priorities: High Turnover or Extra Inventory? Subscribe Here! Email Address.

Inventory Reduction 97

Inventory Reduction Waste Reduction Supply Chain Strategy Supply Chain Software 97

QAD

JANUARY 24, 2023

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. However, procurement is evolving into much more than the most cost effective option since the cheapest option often involves real world atrocities like child and forced labor.

Supply Chain Software 97

Supply Chain Software Manufacturing Procurement Optimal Sourcing Procurement 97

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. Supply chain strategy, process, talent and enabling technologies each play important roles. The company’s inventory levels of unsold equipment have reportedly swelled to over $1 billion.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

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? Amazon did not invent the random storage approach.

Inventory Reduction 72

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

The Logistics of Logistics

JANUARY 13, 2023

Trey and his Co-founder Taha Zinifi started Amplio in Summer 2021 to help solve one of the most critical supply challenges facing the industry. The Amplio solutions ensure that you have the inventory you need, when you need it, at the most optimized price so that you can focus on what matters most to you and your business.

Manufacturing Procurement 182

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 182

Logistics Viewpoints

MARCH 24, 2022

e-commerce sales increased again in 2021, up 14% year-over-year (YoY), and by more than 50% compared to 2019. Business intelligence tools can use this visibility and other information to help shippers act more strategically by procuring the most efficient, cost-effective carrier services. According to Digital Commerce 360 , U.S.

Supply Chain Planning Software 219

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Forecasting Software 219

Supply Chain Shaman

JUNE 9, 2023

With the rise of logistics and procurement constraints, an analysis of only manufacturing does not yield a feasible plan. MRP Alone Is Not Sufficient for Procurement. Procurement planning inside of lead time is not sufficient. Procurement planning inside of lead time is not sufficient. My response is a big YAWN.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

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. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

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. Expect write-downs, firesales, and rethinking supply chain strategies. On average, industries carry 38 more days of inventory than in 2007. I think not.

Supply Chain Planning Software 195

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

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

The Logistics & Supply Chain Management Society

JULY 16, 2023

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

Unleashed

MARCH 21, 2021

The procure to pay process is complex and far more than simply making a phone call, or sending a few emails to arrange the purchase of goods. Strategically approaching the procure to pay process can see your company reap the rewards. In this guide, we’ll cover: What is the procure to pay process. Measuring and reporting.

Procurement Analytics 59

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 59

Supply Chain Shaman

JANUARY 31, 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. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. in the second year of the pandemic. Focus on Cost. A Decline in Innovation.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

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. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. in the second year of the pandemic. Focus on Cost. A Decline in Innovation.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

SCMDOJO

JULY 29, 2022

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. S = Cost per order.

Sourcing Strategies 103

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 103

ThroughPut

DECEMBER 4, 2022

A report by Acosta, a US-based sales and marketing agency, on grocery store trends for 2021 indicates that 46% of people now use online delivery more than they did before the pandemic. Demand-driven replenishment and fulfillment can help retail planners manage large SKUs, determining each sales location and its optimal inventory targets.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

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

Supply Chain Shaman

SEPTEMBER 22, 2021

Similarly, after the conference, I started working with a chemical company to formulate a supply chain strategy. 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. March 2021-August 2021.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Supply Chain Shaman

FEBRUARY 28, 2021

Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective. For example, Vendor Managed Inventory (VMI) systems, a useful stream of customer data, do not connect to planning. The reason? Broad Strokes.

Supply Chain Planning Software 359

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

ToolsGroup

OCTOBER 12, 2021

As supply chains continue to grapple with volatility and disruption post-pandemic, fashion brands, who faced increased risks during the pandemic because of lockdown, are now turning to better supply chain planning for fashion strategies with the end goal of achieving improved agility and a competitive advantage.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Optimal Sourcing 156

The Logistics of Logistics

MAY 26, 2023

Hannah was named an SDCE 2023 Supply Chain Pro to Know and 2021 WE USA Top WBE CEO. Committed to environmental and social responsibility, ALOM manages the physical supply chain from procurement, inventory management, contract assembly, digital media and print, to omni-channel fulfillment and returns.

Supply Chain Design Software 205

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 205

ivalua

SEPTEMBER 19, 2022

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. More robust contingency plans that complement current strategies might suffice. . Common Supply Chain strategies, such as just-in-time inventory, exacerbate the impact of shocks.

Supply Chain Risk Management 130

Supply Chain Risk Management Risk Management Inventory Reduction Cost Reduction Strategies 130

Synovos

FEBRUARY 21, 2023

From balancing costs to reliability, sourcing the right PPE to developing maintenance strategies, data on total cost of ownership to evidence of Environmental, Social and Corporate Governance (ESG), their concerns represent both longstanding issues and newer ones. “I I have learned a lot about the challenges they face.” Balancing costs.

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Inventory Reduction Price Reduction 52

Vanguard Software

MAY 11, 2021

Over the past year, all retail categories have seen an increase in online penetration with retail-oriented credit card spending increasing 35% from January 2020 to 2021. In contrast, too much supply translates into high inventory costs, waste, and spoilage. Digital Planning for a Customer-Driven Supply Chain Strategy.

Waste Reduction 52

Waste Reduction Supply Chain Planning Software Inventory Reduction Cost Reduction Strategies 52

Vanguard Software

MAY 11, 2021

Over the past year, all retail categories have seen an increase in online penetration, with retail-oriented credit-card spend increasing 35% from January 2020 to 2021. In contrast, too much supply translates into high inventory costs, waste, and spoilage. Digital Planning for a Customer Driven Supply – Chain Strategy.

Supply Chain Planning Software 52

Supply Chain Planning Software Waste Reduction Inventory Reduction Cost Reduction Strategies 52

DynaSys

FEBRUARY 3, 2021

One key strategy your business has complete control over is the complexity of your product line. 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. Use these to inform demand forecasts to guide inventory and supply decisions.

Modeling 97

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 97

Logistics Viewpoints

JUNE 1, 2023

Now all retailers are re-assessing their sourcing strategies and looking for local alternatives to reduce risks, lead times and carbon footprint. Retailers will also have an inventory surplus because people will buy less overall, meaning they may need to lower prices to clear their excess stock–hurting their profits.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Supply Chain Matters

JULY 20, 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.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Supply Chain Strategy Supply Chain 98

Logistics Viewpoints

AUGUST 5, 2021

In MIT’s State of Supply Chain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. I was drawn to Hunter and Amory Lovins, who advocated a strategy pairing energy efficiency with renewables, long before its current popularity.

Supply Chain Planning Software 299

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 299

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

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important?

Manufacturing Procurement 130

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

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. What will the total costs be associated with different green strategies? 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

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. Background.

Supply Chain Design Software 195

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

Supply Chain Shaman

FEBRUARY 28, 2021

Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective. For example, Vendor Managed Inventory (VMI) systems, a useful stream of customer data, do not connect to planning. The reason? Broad Strokes.

Supply Chain Planning Software 217

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

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