The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Applying innovation to supply chains, combines innovative technologies like the Internet of Things (IoT), analytics, and robotics to supply chain management to improve performance and meet customer demands. One solution to this problem is centralized distribution and real-time inventory management. As Industry 4.0 Supply Chain 4.0

Supply Chain Disruption 246

Supply Chain Disruption Optimal Sourcing Supply Chain Software Agile and Lean Supply Chain 246

Supply Chain Shaman

MAY 26, 2023

In a recent study, roughly 1/3 of respondents were familiar or very familiar with the concepts of the Graph Approach. Current Familiarity with Analytic Concepts (Fall 2022 Snapshot) Preamble Supply chain leaders love their rows and columns. The focus of the Gartner Magic Quadrant.) Why is this needed?

Optimal Sourcing 337

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 337

Supply Chain Shaman

SEPTEMBER 13, 2023

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain. And how do we measure it? (Is

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

Supply Chain Shaman

OCTOBER 13, 2022

On this tour, I heard Jeff Ma, a former member of the MIT blackjack team, speak on the use of analytics to make better decisions in “beating the house.” Alignment in Organizations in the Summer of 2022. Inventories increased by 44% due to supply chain volatility. Inventories grew year-over-year by 43%. See the pattern?

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

Unleashed

NOVEMBER 1, 2021

We’ve read the market reports, trawled the internet and identified key areas of change, and here we break these down for you with 10 of the major trends we expect to see in this industry in 2022 and beyond. Any B2B business that still relies on sales reps, in-person meetings and phone calls may see itself fall behind as we move past 2022.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Trends 98

ivalua

SEPTEMBER 14, 2022

Yet despite the availability of new platforms and analytics tools, supply chain risk management strategies remain in their infancy post-pandemic. The study also found that suppliers will be vital for successfully ensuring supply continuity. The study was conducted by Forrester Consulting in March 2022 on behalf of Ivalua.

Supply Chain Planning Software 130

Supply Chain Planning Software Inventory Reduction Supply Chain Disruption Supply Chain Software 130

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

by Dr Shereen Nassar , Global Director of Logistics Studies and Director of MSc Logistics and Supply Chain Management Suite at Heriot-Watt University Dubai. Investing in data analytics along with innovations in big data will have a significant impact on the business. Technology and automation are major enablers towards this.

Supply Chain Software 130

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

Enterra Insights

MAY 26, 2022

Schultz reports, “98% of consumers plan to make at least one purchase through social media this year, and 68% have already bought via social, according to a study by Sprout Social, a provider of social media management software. Inventory Management. 18 April 2022. [7] 18 April 2022. [7] ” Concluding Thoughts.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Manufacturing Procurement Predictive Analytics Software 130

ToolsGroup

OCTOBER 3, 2022

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” in 2022, with Finance Minister Bruno Le Maire calling the shortage the country’s “second biggest emergency.”.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Enterra Insights

JANUARY 9, 2023

Retail journalist Ben Unglesbee writes, “Hey retailers, it might be time to ditch your stores, move your inventory to the metaverse, replace your staff with robots, switch from cash to crypto and invest all your profits in some blockchains.”[2] A study from Unilever highlights the changing stance of consumers in this aspect.

Trends 130

Trends Retail Predictive Analytics Software Omnichannel 130

Supply Chain Shaman

AUGUST 12, 2022

He was also unaware of how to measure Forecast Value-Added, the Bullwhip impact and the health of inventory. What is the role of the forecast, budget, market data, and inventory in the proposed project? Cover of the Supply Chain Shaman’s Journal, Published August 2022. These modeling concepts were new to him. Build Teams.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 195

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

The answers lie in investments in supplier development teams, the simplification of the bill of materials and product platforms, and analytics to forecast requirements based on consumption. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements? Focus on right-sizing inventories.

Supply Chain Design Software 130

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

Supply Chain Shaman

FEBRUARY 14, 2022

Forty interviews and two quantitative studies helped me build the model in my mind. In 2022, I frequently ask companies to draw their river of demand. Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Sales and Operations Maturity Model from 2005-2008.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

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. Consider the case study of Sleep Number that outperforms in the furniture sector.

Supply Chain Design Software 195

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

Enterra Insights

APRIL 13, 2023

She reports, “Retailers like Best Buy, Party City, Walmart and Wayfair announced layoffs in 2022. Turn to the data, and obsessively study the behavior of your customers to make the right decisions about what products to stock, where, when, and at what price.” ” The New York Times, 31 January 2023. [2]

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Supply Chain Game Changer

MARCH 14, 2022

Managing inventory and transportation isn’t a one-size-fits-all activity. Supply Planning & Sourcing Analytics. To help companies solve these problems, supply planning and sourcing analytics tools can be utilized. Strategic Sourcing & Vendor Managed Inventory. Supply Chain Logistics. Operations Management.

Course 115

Course Supply Chain Planning Software Agile and Lean Supply Chain Vendor Strategies 115

ModusLink Corporation

NOVEMBER 23, 2022

In September 2022, Reuters reported that “FedEx (FDX.N), United Parcel Service (UPS.N) Peak season is known as the time when retailers record significant hikes in sales ( DCL, 2022 ). In fact, a National Retail Federation study found that all retailers expect to see about 17.8% NRF, 2022). Introduction.

Distribution 78

Distribution Supply Chain Planning Software Warehousing Logistics Network Optimization Software 78

NC State SCRC

MAY 30, 2022

A new study that the SCRC published with GEP examines the increasing pressure that supply chain executives are getting when it comes to responding to supply chain disruptions. In this study, we explore the primary forms of misalignment that exist between supply chain and procurement executives. (We

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

RFgen

FEBRUARY 10, 2023

As a result, new strategies have emerged to solve old and new challenges, from labor shortages to inventory supply. With 2022 already behind us, the question remains: What trends will continue and what new trends will emerge? A recent McKinsey study found that Industry 4.0 technologies will create up to $3.7

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Analytics Software 52

Unleashed

MAY 15, 2023

From targeted email campaigns to inventory management integrations, we’ll outline how you can develop strong B2B CRM strategies to improve business performance and achieve predictable growth. Looking for a complete CRM + inventory management solution? That’s where a quality CRM system comes in. What is a B2B CRM?

Inventory Reduction 105

Inventory Reduction Sourcing Strategies Waste Reduction Manufacturing Procurement 105

ThroughPut

FEBRUARY 17, 2022

A recent study by Harvard Business Review Analytic Services and GEP, reinforces this fact as more than 72% of companies believe their key supply chain capabilities including supply planning, demand planning, warehousing and logistics, procurement, and inventory management ought to be digitally immature.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Price Reduction Cost Reduction Strategies 52

Cognira

NOVEMBER 8, 2022

November 8, 2022. Throughout the blog, discover 2022 holiday shopping predictions, how retailers can plan their promotions accordingly, and what advanced tools to tap into for optimal success. Throughout this article, learn more about: 2022 Holiday Shopping Predictions. Why Analyzing Customer Trends is Key for Boosting Profits.

Retail 52

Retail Predictive Analytics Software Supply Chain Planning Software Scenario Planning 52

Cognira

NOVEMBER 8, 2022

November 8, 2022. Throughout the blog, discover 2022 holiday shopping predictions, how retailers can plan their promotions accordingly, and what advanced tools to tap into for optimal success. Throughout this article, learn more about: 2022 Holiday Shopping Predictions. Why Analyzing Customer Trends is Key for Boosting Profits.

Retail 52

Retail Predictive Analytics Software Supply Chain Planning Software Scenario Planning 52

SCMDOJO

JANUARY 23, 2023

If you want to gain more supply chain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field.

Prescriptive Analytics Software 119

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 119

Supply Chain Game Changer

MAY 9, 2022

As a result of the recent media attention, many universities are witnessing a spike in supply chain studies interest. Personal protective equipment (PPE) shortages, ventilators, testing, staffing, and critical care unit capacity were among the issues studied by the students. But it’s not as easy as, say, cutting inventory costs.

Education 92

Education Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 92

ModusLink Corporation

FEBRUARY 8, 2023

Various compliance requirements, security protocols, and inventory systems need to remain compliant. The ever-changing global trade policies and tariffs also mandate continuous monitoring and tracking via analytics and regular reporting. Asking for references and case studies from previous clients. November 2022.

Negotiating Skills 78

Negotiating Skills Material Savings 3PL Cost Reduction Strategies 78

Cognira

MARCH 9, 2022

March 9, 2022. Essentially, it is combining both channels and inventory into one process. According to a McKinsey & Company Study, 46% of consumers have abandoned shopping carts due to long or unclear shipping times and 34% said that extended delivery times was a primary driver for shopping in stores.

Omnichannel 52

Omnichannel Inventory Reduction Cost Reduction Strategies Price Mitigation Strategies 52

o9 Solutions

NOVEMBER 21, 2022

The study also tested how bi-directional orchestration versus the more traditional approach of multi-tier inventory optimization could improve LKQ Europe’s inventory buy plan. . Using o9’s predictive analytics and external market signals, LKQ Europe reduced the bullwhip effect on its business from 48% to 37%.

Supply Chain Planning Software 52

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

OptiProERP

NOVEMBER 24, 2022

According to a July 2022 study by Gartner, the biggest challenge facing CFOs for 2023 is hiring and retaining staff. Inventory Management. Excess inventory ties up cash, and insufficient stock slows production and upsets customers if products are delayed. Companies must keep the optimal amount of inventory on hand.

Price Reduction 52

Price Reduction Expense Reduction Negotiating Skills Inventory Reduction 52

Supply Chain Trend

DECEMBER 22, 2023

In February 2022, I wrote the first of a five blog series using the name Intelligent IBP. The launch of a Decision Intelligence (DI) definition by Gartner later in 2022 further cemented my believe that this new discipline will become mainstream. And artificial intelligence (AI) and intelligent agents will be part of the solution.

Supply Chain Planning Software 78

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

SCMDOJO

JULY 7, 2023

The shortage disrupted the automotive industry in 2021 and 2022, causing supply chain constraints and affecting Rivian’s ability to meet its production targets. Utilize technologies like real-time tracking, data analytics, and demand forecasting to optimize inventory management and reduce lead times.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 99

Supply Chain Matters

MAY 9, 2023

The Supply Chain Learning The multi-industry supply chain learning is extensive and will remain the subject matter of many current and future business case study and educational texts. Inventory levels in retail channels remain at high levels because of bullwhip excess ordering.

Supply Chain Planning Software 52

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

American Global Logistics

JULY 14, 2023

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. Studies of these seasonal varieties suggest that reinfections can occur, albeit with milder symptoms. Today, they face new challenges and opportunities.

North Carolina 52

North Carolina Supply Chain Software Modeling Procurement Analytics 52

ToolsGroup

AUGUST 12, 2022

Using shop-by-store features to check inventory availability before going to make purchases in-store. 2022’s Top Omnichannel Retail Trends. 2022’s Top Omnichannel Retail Trends. Omnichannel is king in 2022. . Inventory Visibility. Researching products in-store then buying online.

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

Enterra Insights

JUNE 28, 2018

According to Jonathan Sallet, a former visiting fellow in Governance Studies at the Brookings Institution, that’s exactly the situation in which the Internet of Things (IoT) finds itself. Other benefits include inventory tracking, product tracking, process improvement, and optimization. ” Cognitive Computing and the IoT.

Internet of things 100

Internet of things Supply Chain Network Software Analytics Software Predictive Analytics Software 100

Cathy Roberson

MARCH 21, 2022

A Pitney Bowes study forecasts ecommerce shipments to double by 2026 and that 90% of US consumers expect free two-to-three-day shipping. In 2022, FedEx and Microsoft announced a cross-platform "logistics as a service" for retailers, merchants, and brands. Where's my package?

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Optimization Software Inventory Management Software 52

Vinculum

JUNE 6, 2022

The right analytics tool will help track the stuff in the right way to deliver the service to the customer at their doorstep without much delay. Enhance the turnover of the inventory. The post Should Brands Adopt Omnichannel Retail in 2022? appeared first on Vinculum Group.

Omnichannel 52

Omnichannel Modeling Software Analytics Software Retail 52