Elementum

JUNE 30, 2022

Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks. If there are topics you’d like us to cover, email info@elementum.com.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

The Supply Chainer Report

FEBRUARY 5, 2022

2022 most innovative idea is not coming from aerospace, or new drugs discovery. The most competitive deals are closed by booking suppliers production in advance, and getting favorable T&C from transportation partners. Focus on Inventory. It’s as simple as that. Availability. There are mainly 3 factors.

Innovation 52

Innovation Material Savings Inventory Reduction Cost Reduction Strategies 52

ToolsGroup

APRIL 20, 2022

In the 2022 labor market, employees don’t want to be a cog in the wheel. Sarah Voorhees, VP of Demand and Inventory Planning at American Tire Distributors , is one such leader who emphasizes the importance of individual check-ins: A 1:1 conversation can be intimidating, though, especially if the person has sensitive concerns.

Sourcing Strategies 194

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 194

Supply Chain Matters

FEBRUARY 8, 2023

As businesses report their financial performance for the 2022 final quarter and full year, Supply Chain Matters highlights Amazon’s reported quarterly and full year financial and operational performance. announced yet another concerning financial performance for both the Q4 holiday fulfillment quarter and for the full year 2022.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Inventory Reduction North America 52

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Digitisation for Optimised Capacity and Inventory Buffers. Traditionally, supply chain profitability has long depended on minimizing surplus due to the cost of capacity and inventory buffers. Inventory buffers encourage adaptability, create agility in the supply chain and allow for better planning.

Analytics Software 246

Analytics Software Supply Chain Planning Software Supply Chain Software Predictive Analytics 246

Supply Chain Shaman

JUNE 9, 2023

A Focus on Safety Stock Is Too Narrow for Effective Inventory Management. A manufacturing company’s safety stock is 30-40% of the total inventory requirement. The form and function of inventory need to be addressed holistically, and this requires much, much more analysis than probabilistic forecasting. The reason?

Optimal Sourcing 299

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

Freightos

JANUARY 15, 2024

This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year. It took time for the situation to normalize, especially for complex products like semiconductors that require a lot of moving parts in the global supply chain.

Negotiating Skills 292

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 292

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

Freightos

OCTOBER 31, 2022

It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted. By the time they peaked in June 2022, they were over 30% higher than pre-COVID. A 30% raise in costs wasn’t going to totally kill us.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

Intelligent Audit

JANUARY 11, 2022

The state of supply chain tech in 2022, or supply chain technology, will be one for the record books. That’s why it’s important to have an objective view of what’s happening to supply chain tech in 2022 and what it means for your organization’s future. Supply Chains Are Also Building in New Elasticity.

Supply Chain Planning Software 52

Supply Chain Planning Software Prescriptive Analytics Software Logistics Network Optimization Software Predictive Analytics Software 52

Enterra Insights

DECEMBER 26, 2022

Or maybe you just read a book extolling the virtues of minimalism and want to give that lifestyle a swing.”[1] 3PLs may also handle customer refunds and supply chain and inventory management, depending on their expertise.” 2] Staff, “ Retailers Rein In Returns ,” SupplyChainBrain, 2 November 2022. [3]

Pricing Training 130

Pricing Training Purchasing Skills Purchasing Training Procurement Solutions 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.

Supply Chain Design Software 195

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

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. LogiSYM Supply Chain Magazine – April 2022. HOW DID WE GET HERE?

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Logistics Viewpoints

AUGUST 12, 2022

Japan farm exports in 2022 1st half hit record high as more dine out. will begin imposing 2022 peak-season surcharges on Labor Day and will apply certain ones based on weekly calculations that begin around mid-October and run until early December. In June 2022, Americans spent $2.5 And now on to this week’s logistics news.

Logistics Network Optimization Software 227

Logistics Network Optimization Software Modeling Logistics San Antonio 227

BlueYonder

SEPTEMBER 7, 2023

In every role inventory availability and protecting the company’s assets was always critical. is a contributing factor, inaccurate inventory management process and systems remain a big driver of the out-of-stock problem globally. in the first quarter – primarily from inventory shrink. While increasing retail theft in the U.S.

Retail 109

Retail Inventory Reduction Real-time Visibility Supply Chain Design Software 109

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. Download our E-Book on Supply Chain Sustainability and Profitability with Green Logistics. More time and energy is spent on forecasts to reduce inventory that is no longer in use. While the COVID-19 pandemic brought down CO2 emissions by 5 percent —to 34.81

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

A McKinsey’s report published in 2022 indicates that 32 per cent of people from industries like automotive, consumer goods, and pharmaceutical find demand variability and forecasting responsible for value chain disruptions. Technology and automation are major enablers towards this. Demand Sensing for Accurate Planning and Forecasting.

Supply Chain Software 130

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

Supply Chain Trend

JANUARY 22, 2023

This is most likely influenced by the acknowledgement of the new category decision intelligence by Gartner, for which they provided a definition since 2022. Decision making According to authors of the book Decision Quality , a decision is only made when resources are irrevocably allocation to the execution of the decision.

Quality 88

Quality Scenario Planning Supply Chain Planning Software Supply Chain Planning 88

Enterra Insights

MARCH 28, 2024

According to the book Intelligent Automation , 42% of work can be automated, 32% of work can be augmented, and 26% of work can be eliminated. 2] Niels Van Hove, “ Intelligent IBP – The Rise of Autonomous ,” Supply Chain Trend, 7 March 2022. [3] These numbers account for 84% of the workforce.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 130

SCMDOJO

JANUARY 23, 2023

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. From foundational reads to more advanced topics, these books will help you start your journey into the world of supply chain analytics!

Prescriptive Analytics Software 119

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

Supply Chain Shaman

SEPTEMBER 27, 2021

Driving manufacturing excellence without a clear definition of supply chain excellence throws the supply chain out of balance, decreasing customer service and increasing inventory and overall cost. Until then, join us for our monthly networking calls, books/reports , podcasts, and blog posts. The 2022 event is in Washington.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

Herlitz Inventory Management

MARCH 23, 2023

When it comes to replenishing inventory, or more generally, inventory optimization, demand forecasting is the first and last most important element. Through most of 2022, a new supply chain disruption was presented for our customers: Long Term Outs (LTOs). In other words, it looked like no substitutions happened at all.

Demand Planning Software 52

Demand Planning Software Supply and Demand Supply Chain Software Forecasting 52

Supply Chain Game Changer

MARCH 16, 2022

Accurate forecasting is essential for ensuring that the correct level of inventory is maintained. It can also be used to determine the optimal level of inventory to maintain. Inventory Management. Inventory management is another common task for supply chain managers. Logistics Management.

Modeling 100

Modeling Supply Chain Optimization Supply Chain Software Negotiating Skills 100

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Gartner estimates that by the end of 2022, 85% of enterprises will have some form of RPA implemented in their business and Forrester calculates the RPA market will exceed a 50% CAGR by 2023, going from roughly $500 million to $2.8 Inventory Management. Regardless of how efficient and effective, all supply chains carry inventory.

Supply Chain Software 246

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

EazyStock

MARCH 14, 2023

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. What the last recession taught us An article from McKinsey & Company (2022) analyzed the performance of about 40 publicly traded distribution companies during the 2007-2009 recession.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Unleashed

JUNE 22, 2022

Some moved from just-in-time to just-in-case, even if this meant more cash tied up in inventory and a higher risk of waste. To find out, we have created a Product Lead Time Index using data from our inventory management software to track how product lead times have changed since the height of Covid-19.

Inventory Reduction 98

Inventory Reduction Waste Reduction Price Reduction Material Savings 98

crisp

OCTOBER 31, 2023

At this time – with a need for visibility into their expanding supply chain – sales and inventory insights were more necessary than ever. These insights have been so telling that Honey Mama’s was able to analyze product cannibalization trends and update their assortment in 2022. Book a demo.

Portland 52

Portland Optimal Sourcing Oregon Waste Reduction 52

SCMDOJO

APRIL 15, 2024

Services by Amazon Here are some of the key services offered by Amazon: General public: Amazon.com – an e-commerce platform offering a diverse selection of products such as books, electronics, apparel, and groceries. From books and electronics to clothing and groceries, Amazon offers an unparalleled selection of items to its customers.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

Intelligent Audit

AUGUST 5, 2022

There is a massive push to increase inventory in advance, and everyone starts thinking about how they will survive the holiday rush, from food supply chains to other goods. Those are usual worries in any year, but the 2022 peak shipping season is shaping up differently. Consider how e-commerce grew through the first half of 2022.

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Procurement Solutions Demand Planning Software 52

Supply Chain Matters

NOVEMBER 3, 2022

Today’s announcement indicates that thus far this year, this platform provider has booked $46 million in annual recurring revenues (ARR), bringing total booked ARR to $135 million. He outlined the goal as the ability to track and context either “ inventory at rest ” and “ inventory in motion ” as key to information transparency. .

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Network Software Supply Chain Software Supply Chain Execution 52

NC State SCRC

FEBRUARY 27, 2023

Rob Handfield and Tom Linton, motivate this notion in ‘Flow: How The Best Supply Chains Thrive’ by drawing on the unique work implemented by Resilinc, which has also featured in the book.

Modeling 52

Modeling Scenario Planning Supply Chain Planning Software Supply Chain Network Software 52

Supply Chain Game Changer

SEPTEMBER 4, 2022

Here are some of the best to boost your inventory without breaking the bank. The skin looks really amazing: two stylish girls are painted in blue and pink along the entire length of the body, like comic book heroines. Originally written for Supply Chain Game Changer and published on July 11, 2022.

Purchasing Skills 94

Purchasing Skills Supply Chain Design Software Supply Chain Design Just-in-Time 94

Vinculum

MARCH 23, 2022

To be precise, it’s often just within 10 to 30 minutes after the booking is made. Because of the investments in AI and technology that monitor demand and modify inventory in real-time, goods now are not just merely delivered faster. Guaranteed availability of products. 24-hour operation. Conclusion.

Modeling Software 52

Modeling Software Demand Planning Software Modeling Vendor Strategies 52

crisp

DECEMBER 7, 2023

To realize their vision of a streamlined, data-empowered supply chain, Director of Sales Operations and Analytics Franz Oliveira signed on to Crisp in Spring 2022. Devising seasonal sales strategies In November and December 2022, ZURU experienced an 86% year-over-year sales increase at Walmart. Book a demo.

Groups 52

Groups Inventory Reduction Modeling Agile and Lean Supply Chain 52

Vinculum

JULY 24, 2022

Thailand is the growing marketplace in 2022 despite being a holiday spot or flourishing with beaches. Se-ed acts as an online book store to serve the purpose of book sales in digital form. The post Marketplace in Thailand in 2022 appeared first on Vinculum Group.

Thailand 52

Thailand Laos Asia Price Reduction 52

crisp

FEBRUARY 5, 2024

In 2022, Ritual took the leap into retail, starting with Whole Foods and expanding to Target nationwide in 2023. For Target, Ritual initially extracted sales and inventory data into Google Sheets each day, a solution that offered limited visibility and scalability. But as customer love grew, so did the need for a physical presence.

Cost Reduction Strategies 52

Cost Reduction Strategies Optimal Sourcing Sourcing Strategies Data 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