Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. In March 2022, online shopping was up 27% over the previous year. In 2022 overall, U.S.

Supply Chain Planning Software 192

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

Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

American Global Logistics

DECEMBER 7, 2022

That results in responsive supply chains that meet customer needs, regardless of changing conditions. The new model being developed in 2022 is customer-centric and strategic in outlook and planning. The new model being developed in 2022 is customer-centric and strategic in outlook and planning. To adapt, the U.S.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

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

Precoro

MAY 22, 2023

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Supply Chain Shaman

AUGUST 18, 2022

Through a series of meetings to drive consensus, the team degraded the quality of the demand plan by 27%. (In They had never been in the same room to discuss demand holistically from sales teams to procurement. We will display the images of the different rivers at the Supply Chain I nsights Global Summit and Blaze 2022.)

Supply and Demand 251

Supply and Demand Demand Planning Software Optimal Sourcing Supply Chain Planning Software 251

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. The Foundation of Supply Chain Tech: The Supply Chain as a Service Will Get Bigger.

Supply Chain Planning Software 52

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

Supply Chain Matters

SEPTEMBER 3, 2022

In our summary and perspectives focused on July 2022 reporting , we opined that July data reinforced a trending toward declining global supply chain production momentum. The August 2022 J.P. As noted in the below figure, this index now reflects a rather discernible downward slope about to meet sub-50 value contraction.

Manufacturing Procurement 59

Manufacturing Procurement South Korea Manufacturing Global 59

Enterra Insights

AUGUST 15, 2023

The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. Transforming Inventory Management. Young observes, “[In recent years, retailers have experienced] product shortages and overstuffed inventories in rapidly changing consumer markets.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 130

Logistics Viewpoints

OCTOBER 19, 2023

The issue wasn’t poor planning – they had the inventory. In February 2022 I ordered a lovely midcentury modern table. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. Supply chain orchestration failure – a table fable What happened?

Supply Chain Planning Software 224

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 224

Supply Chain Shaman

FEBRUARY 14, 2022

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. Deployment of deeper statistical engines for inventory management with a focus on safety stock will improve inventory levels.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Matters

MAY 3, 2022

Panelists reported higher rates of quits compared to previous months with fewer panelists reporting improvement in meeting headcount targets.” The report further indicated that Inputs, expressed as supplier deliveries, inventories and imports, continued to constrain production expansion. and European businesses in the coming months.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

Logistics Viewpoints

APRIL 10, 2023

Without an efficient supply chain, a company can’t meet the demand that exists, and competitors swoop in and grab market share. Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. Over that span the sport has grown by almost 160% per year.

Security 197

Security Supply Chain Planning Jordan Forecasting 197

NC State SCRC

NOVEMBER 29, 2023

During that time, she worked in a number of different areas including direct procurement, indirect procurement, operations, supply chain, packaging, and operations support including: HR, finance, IT and facilities management. Now, Pam is helping lead a digital procurement transformation for Caterpillar Inc.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 52

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

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

Locus

APRIL 1, 2022

It gives us immense pleasure to announce that Locus has been listed as a Representative Vendor in the 2022 Gartner® Market Guide for Supply Chain Network Design Tools. And as supply chains continue to grow in scale and complexity to meet these demands, so do the costs. Market trends also continue to evolve faster than ever.

Network Design Software 52

Network Design Software Supply Chain Design Software Supply Chain Network Software Gartner 52

BlueYonder

OCTOBER 1, 2022

Breaking Down Silos Between Procurement, Planning and Logistics – Siloed supply chains can result in latency, lack of responsiveness, expediting, excess inventory, and dramatic inefficiencies, which are exacerbated today by rising customer expectations and increased volatility. This has a substantial impact on their EBITDA margins.

Automotive 52

Automotive Cost Reduction Strategies Inventory Reduction Material Savings 52

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

Logistics Viewpoints

NOVEMBER 17, 2022

Many breweries were also reported to be paying premiums to purchase cans just to meet their immediate needs. Turnaround for shrink-sleeve cans has grown to 4 to 5 weeks from 4 to 5 days as domestic manufacturers are unable to cover surging demand.

Packaging 225

Packaging Food Manufacturing Procurement GEP 225

Supply Chain Game Changer

NOVEMBER 3, 2022

This information can help companies manage inventory levels and improve customer service and engagement. Procurement Management. Procurement is one of the most important parts of supply chain management because it determines which suppliers you work with and how much they charge for their products or services. Demand Planning.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Supply Chain Game Changer

NOVEMBER 8, 2022

That is the job of the Procurement team. But more than just finding sources in response to demands from the R&D and Design teams, intelligent Procurement teams are also proactively searching for and qualifying sources in anticipation of future needs. Inventory Positioning. This has an upside and a downside.

Supply Chain Design 114

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

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing. 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

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. Focusing on the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

QAD

MAY 31, 2022

In today’s world, the ability to synchronize these areas of operation successfully and efficiently to meet company objectives requires something that for the moment, we will temporarily call a “process”. It was a method of planning that people tried to fit within a monthly calendar that was capped off with an “S&OP” meeting.

S&OP 92

S&OP Supply and Demand Manufacturing Procurement Supply Chain Planning Software 92

Unleashed

AUGUST 20, 2023

Generic lead time formula: Process Completed Date – Process Started Date = Lead Time Types of lead time in supply chain Supply chain management is the collaborative effort of dozens of processes working to meet customer demand for products. Consequently, there are numerous types of lead time we can measure in the supply chain.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

ThroughPut

SEPTEMBER 1, 2022

September 1, 2022 /PRNewswire/ — ThroughPut Inc., The new capabilities enable businesses to solve the unending challenge of balancing their inventory-to-sales ratio with accurate demand planning and buyer behavior analytics. This enables businesses to meet demand profitably, without risking either understocking or overstocking.

Price Reduction 98

Price Reduction Supply and Demand Resource Reduction Inventory Reduction 98

Supply Chain Game Changer

JUNE 30, 2022

Demand planning enables businesses to stock the proper amount of inventory and maintain correct inventory levels. The use of strategies like Just In Time (JIT) inventory management and other lean manufacturing approaches are useful in meeting and adapting to demand. The post Building Blocks of Supply Chain Strategy!

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Strategies Supply Chain Strategy 78

ToolsGroup

OCTOBER 25, 2022

But behind the scenes, demand planners were at work, trying to strike a balance that would help them turn a profit and meet demand without being saddled with rotting pumpkins come November 1. Read on to learn about: Seasonal Inventory and Its Application Across Industries. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

BlueYonder

FEBRUARY 17, 2022

Impact: This is resulting in procurement teams scrambling to find new supply sources, while engineers are looking for substitutions alternatives, and other company leaders are figuring out how to bring more in-house for a vertical integrated approach. Investments in Transportation solutions is imperative. Foreign trade policies are weakening.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

ToolsGroup

SEPTEMBER 20, 2022

Optimize spare part inventories. Manufacturers face several challenges as they strive to meet consumer demands. Check out the 2022 Digital Transformation Survey to see how your industry peers are planning or implementing digital transformation strategies. By employing these AI-based measures, manufacturers can: Optimize uptime.

Manufacturing Procurement 156

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

Stord

JANUARY 11, 2022

Now that we’re in 2022, things should revert back to normal (whatever that means), right? More partners require significant overhead and capital to maintain." - Sarang Damle, Group Product Manager, Orders & Inventory Data and Service Capability Silos "Supply chains are too often built in and operate from silos.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Forecasting Software 78

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. In 2022, inflation rates peaked at 9.1%

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Inventory Reduction 52

Supply Chain Matters

JANUARY 3, 2024

The increased cost of working capital and supplemental inventory levels to mitigate fulfillment risk is likely to revert back to just-in-time inventory management. In order to meet flat spending goals, transformational needs will have to be budgeted from any added savings garnered across supply chain functional areas.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Supply Chain Matters

SEPTEMBER 23, 2022

Implied is that these vehicles will remain as factory inventory until needed components arrive and customer or dealer orders can then be fulfilled. The company expects to be able to complete these vehicles in the fourth quarter and has indicated ongoing confidence in its overall 2022 adjusted EBIT forecast in the range of $11.5

Cost Reduction Strategies 59

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

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. Optimised operating costs.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Price Reduction Cost Reduction Strategies 52