Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. September 2021-March 2022.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Unleashed

AUGUST 20, 2023

There are many definitions for lead time in supply chain management. It includes everything from the procurement of raw materials to production, inventory management, and shipping. For customers, it can mean the time it takes to receive an order after they have purchased it. Let’s break down the most common ones.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

20Cube Logistics

JANUARY 27, 2022

However markets recovered themselves in 2021 to greater extent and the economists are forecasting an expansion of that steady growth in the year 2022 as well. The international beneficiaries of the Asian market would definitely gain greatly out of this. Asia is a booming market and a major supplier of electronic goods.

Manufacturing Procurement 83

Manufacturing Procurement Asia Currency Policies 83

Unleashed

JANUARY 4, 2022

So what trends will we see in multichannel eCommerce in 2022 – and can SMEs leap on board with them? Read on for the 15 key multichannel eCommerce trends of 2022. Learn more: Guide to Effective Multichannel Selling What are the key trends in multichannel eCommerce for 2022?? We think so.

Trends 98

Trends Modeling Software Predictive Analytics Software Supply Chain Planning Software 98

QAD

MARCH 30, 2023

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. and bring inventory accuracy up to an impressive 99.9%. Inventory tracking is the most successful use case for RFID technology.

Manufacturing Procurement 92

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

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. The economy is definitely hitting a period of high volatility.

Procurement Analytics 78

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

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. In this definition, one needs to ask him/herself ‘What should I do under these circumstances?’ I now see LinkedIn profiles calling out ‘better planning, better decisions.’

Quality 88

Quality Scenario Planning Supply Chain Planning Software Supply Chain Planning 88

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

The devil is definitely in the details. Timing when stores need replenishment or when factory production will increase its demand, will likewise have better forecasting software to lower the overall waste in our inventory and retail systems. LogiSYM Supply Chain Magazine – September 2022.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 246

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

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 Matters

AUGUST 11, 2022

The Ferrari Consulting and Research Group shares a Part Three commentary addressing our mid-year assessment of published 2022 Predictions for Industry and Global Supply Chains made available at the beginning of 2022, and specifically addressing supply chain cost inflation implications. be able to service key regions and markets.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Cost Reduction Strategies Supply Chain Strategy 52

Enterra Insights

JANUARY 31, 2023

The exact percentage of grocery sales coming from e-commerce depends on the source and method of analysis, as well as whether the researcher includes non-consumable items in its category definition.” In 2022, the firm [expected] the market to expand 32.4%, supported by ‘pandemic-induced online shopping stickiness.’

Omnichannel 130

Omnichannel Predictive Analytics Software Price Reduction Inventory Reduction 130

ToolsGroup

SEPTEMBER 20, 2022

Breaking Down the Definitions. Optimize spare part inventories. Check out the 2022 Digital Transformation Survey to see how your industry peers are planning or implementing digital transformation strategies. Here’s what Nick Wilson, Senior Inventory Planner, Parts Operations at Aston Martin has to say.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Supply Chain Game Changer

NOVEMBER 8, 2022

Inventory Positioning. But it’s also more than just having sufficient inventory. The inventory you have must comply with all of your quality standards. The inventory you have must comply with all of your quality standards. Having bad and unusable inventory is just like having no inventory at all.

Supply Chain Design 114

Supply Chain Design Supply Chain Planning Supply Chain Strategy Manufacturing Procurement 114

Supply Chain Matters

SEPTEMBER 23, 2022

With the semiconductor demand and supply imbalance forecasted to extend into 2023, automakers are forced to make decisions as to which models are to be prioritized to compensate for limited supply. The opportunity is both more demand-driven planning as well as reduced finished goods inventories.

Cost Reduction Strategies 59

Cost Reduction Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Planning Software 59

Supply Chain Matters

DECEMBER 13, 2022

The stated overall theme for our 2021 predictions series was a ‘ year of renewal’ where new thinking, definition and directions would be addressed for what is required in a “ new normal ” of business. Current Year 2022. Morgan Manufacturing PMI® began 2022 at an expansion value of 54.2. reflecting a 29-month low.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Optimization Supply Chain Software Supply Chain Strategy 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.

Groups 52

Groups Inventory Reduction Modeling Agile and Lean Supply Chain 52

Supply Chain Matters

SEPTEMBER 17, 2022

One equity investment firm indicated that the shortfall in operating income for Express business was over 75 percent lower than forecasted. Revenues for the FedEx Ground unit, this carrier’s engine of E-Commerce last-mile fulfillment, came in at $300 million below forecast. Are holiday forecasts too optimistic? Bob Ferrari.

Cost Reduction Strategies 59

Cost Reduction Strategies Resource Reduction Inventory Reduction Sourcing Strategies 59

RFgen

SEPTEMBER 15, 2022

Our 2022 Digital Inventory Report captured key decision makers’ mindsets, challenges, and planning initiatives as it relates to digital automation technologies. Accurate forecasting. Manual inventory tracking, beyond it being error-prone, creates blind spots in planning. The key is to prevent bottlenecks in the process.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Software Optimal Sourcing Manufacturing 52

20Cube Logistics

NOVEMBER 13, 2019

Predictive analysis, today is part of all major business operations and processes to help forecast trends, events and to find solutions for complexities. With forecasting the future supply chain and logistics events, the companies can be in a competitive position and prevent any monetary loss. billion USD to 12.4 billion USD to 12.4

Predictive Analytics Software 40

Predictive Analytics Software Supply Chain Visibility Predictive Analytics Analysis 40

American Global Logistics

JULY 19, 2023

Many economists who had previously predicted a recession are now reconsidering their forecasts. That is the highest number since February 2022. First, let’s refresh our memory with a definition of LMI. This decline resulted from reduced inventory levels and increased inventory costs. economy has not cooperated.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Price Reduction Predictive Analytics Software New York 52

Supply Chain Trend

DECEMBER 22, 2023

Introducing Intelligent IBP Let’s start with a definition. This definition should become clear once you go through the principles. In February 2022, I wrote the first of a five blog series using the name Intelligent IBP. Many which I’ve highlighted over the years in blogs and articles.

Supply Chain Planning Software 78

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

Precoro

FEBRUARY 12, 2024

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. As liquidity management requires total visibility into financial data, it helps companies create more accurate scenario analysis and cash forecasting.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

ToolsGroup

JUNE 27, 2022

Now that we have our definitions straight, let’s break down the three basic types of vertical integration. In fact, with labor shortages spiking, companies across the board are turning to automation, with 53% planning to increase automation in 2022 to focus staff on high value added activities. Types of Vertical Integration.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

Unleashed

DECEMBER 28, 2021

One major aspect of running a lean business is reducing inventory – that is, a reduction in the amount of inventory your organisation keeps on hand at a given time. Read more: What is Inventory Management? Techniques for 2022. But excess inventory also comes with a variety of problems. Less waste.

Inventory Reduction 86

Inventory Reduction Cost Reduction Strategies Waste Reduction Expense Reduction 86

BlueYonder

AUGUST 17, 2023

What’s the real cost of inaccurate inventory management? IHL Services, a global research and advisory firm, estimates that inventory distortion — the combined cost of lost sales from out-of-stocks, along with the deep discounts required to sell overstocks — will drive a $1.77 trillion problem of inventory distortion.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Optimal Sourcing Purchasing Skills 52

Supply Chain Matters

JULY 28, 2022

This edition provides four supply chain focused updates related to the following: IMF Once Again Trims Global GDP Forecast. IMF Once Again Trims Global GDP Forecast. percent, two percentage points lower than earlier forecasted. percent, two percentage points lower than earlier forecasted. percent in 2022, and 2.9

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Supply Chain Planning Supply Chain Software 52

Logistics Viewpoints

JANUARY 20, 2023

This new system of inventory management will go into effect on March 1, and will replace weekly restock limits that Amazon used for calculating FBA storage. Directors at Amazon agencies and accelerators said that these new changes will help sellers forecast inventory better.

Logistics Network Optimization Software 191

Logistics Network Optimization Software Logistics Supply Chain Planning Software India 191

Enterra Insights

MAY 10, 2022

In the United States, fire activity increased in February and March 2022 — fire is not just a California issue. She writes, “By definition, planning solutions are not adaptive. Most companies that engage in demand planning and forecasting rely on historical data as a base for their statistical forecasts.

Supply Chain Planning Software 130

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

Unleashed

JANUARY 17, 2022

In the ongoing battle to keep costs down while still meeting demand, inventory managers look for ways to figure out what their ideal order size is. Learn more: Inventory reporting – A guide for Businesses [2022 update] What is economic order quantity (EOQ)?? That’s where economic order quantity comes in. Let’s explore.

Inventory Management Software 98

Inventory Management Software Purchasing Skills Inventory Reduction Demand Planning Software 98

Elementum

AUGUST 17, 2022

It’s 2022, and there is software on the market for every situation—including software that meets the needs of supply chain management (SCM). Let’s explore the definition of SCM and some additional tools you should consider using. Supply chains are complicated and delicate. What Is Supply Chain Management?

Supply Chain Software 78

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Forecasting Software 78

Supply Chain Game Changer

APRIL 12, 2022

By definition, Supply Chain is responsible for the continuity of supply and inventory of goods and services. If supply lines are disrupted, or if inventory runs out, Supply Chain is on the hook to restore supply. Executives may be yelling about revenue and profit shortfalls and missing their quarterly forecasts.

Inventory Reduction 111

Inventory Reduction Modeling Supply Chain Planning Scenario Planning 111

Unleashed

MARCH 22, 2022

As an example, here are the criteria for classifying alcoholic drinks in the UK: The definition of no-alcohol beverages in the UK: In the UK, a no-alcohol or alcohol-free product is defined as one which has 0% to 0.05% Alcohol By Volume (ABV). The definition of alcoholic drinks in the UK: A drink with more than 1.2% CAGR (IWSR).

Procurement Analytics 98

Procurement Analytics Inventory Management Software Industry Industrial 98

Supply Chain Shaman

SEPTEMBER 24, 2018

This client was using an excellent forecasting technology, but it was not a good fit for their business; and as a result, was causing degradation of the forecast by 14%. Even worse, the combination of process and technology degraded the forecast by 33%. The choices in 2022 will be radically different from 2018.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 228

ShipBob

APRIL 22, 2022

This broader definition includes transactions where shoppers click a direct social link that leads back to the retailers’ website, where the actual checkout process is completed. The options to transact natively within the platforms are continuing to grow, and along with that, the definition of social commerce is evolving.

Purchasing Skills 98

Purchasing Skills Logistics Network Optimization Software Sourcing Strategies Price Reduction 98

Supply Chain Game Changer

SEPTEMBER 20, 2022

The company was trying to over-optimize the fulfillment of products to stores by giving them precisely what they were forecasting that the stores may sell. Drop shipping would reduce freight costs, reduce time, reduce inventory and reduce DC costs as well. Originally published on July 26, 2022. Conclusion. All Rights Reserved.

Waste Reduction 93

Waste Reduction Material Savings Retail Cost Reduction Strategies 93

Supply Chain Matters

JUNE 6, 2023

In July of 2022, Airbus was awarded a rather significant order involving three of China’s top airline providers. Airbus announced the recruitment of an additional 13,000 employees, in addition to a similar number recruited in 2022. Reportedly GE Engine’s unfilled order backlog equated to $135 billion at the end of 2022.

Supply Chain Network Software 52

Supply Chain Network Software Negotiate Pricing Modeling Negotiating Skills 52