Supply Chain Shaman

JULY 8, 2019

Tom’s questions: My organization does not value the role of forecasting. How do I show value? I asked Tom to measure Forecast Value-Added (FVA) , and inform the organization on the progress of the planning group in forecasting. I shared some examples of how others shared data in a fun way. What to do?

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply and Demand S&OP 193

Supply Chain Shaman

AUGUST 14, 2016

The focus is on channel data: price; inventory positions; and policies. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. In contrast, the traditional supply chain forecasts using historical orders and adjusts based on sales forecasting. Demand Sensing.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Supply Chain Shaman

JULY 22, 2016

Shifting demand increases cost and complexity while shaping demand increases market share or baseline forecast demand for the product. There are many misconceptions that must be challenged: 1) Demand Management Is Forecasting. 2) One-Number Forecasting. Demand for products/services is not unlimited. It is finite.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

Supply Chain Shaman

MAY 18, 2019

Teams continuously balance cost, customer service, asset utilization and inventory. For example, in many of my clients a well-implemented demand planning solution two decades ago is now degrading the forecast 10-15%. Get Clear on How to Make Decisions. Imagine Supply Chain 2030. Clarity on Supply Chain Strategy.

S&OP 176

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 176

ToolsGroup

OCTOBER 3, 2022

How to Hire in a Labor Shortage and Meet Customer Expectations. 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.” Wondering how to attract and retain a strong workforce?

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Supply Chain Shaman

AUGUST 3, 2016

Most companies would be better off if they started slowly, learned how to build good plans and then evolved. There are seven traps: High Forecast Bias Improves Sales. The use of collaborative forecasting without Forecast Value Add can increase both bias and error in the forecasting process. Supply Chain 2030.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 150

AFFLINK

AUGUST 17, 2022

Unpredictable Consumer Demand Trends Traditionally, organizations got away with loose forecasting and just-in-time (JIT) inventory management to match production to consumer demands. On the road, the American Trucker Association estimates needing more than 160,000 drivers to meet current demand increases by 2030.

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Software Optimal Sourcing Demand Planning Software 62

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Learn more on how to overcome today’s supply chain challenges by securing the free guide, 8 Winning Strategies to Combat Supply Shortages.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Arkieva

JANUARY 27, 2017

While it is nice to envision supply chains in 2020 or 2030 the truth is; for many manufacturing businesses, discussions about future supply chain innovations, often leads to a “yeah.right,” smirk by supply chain executives – this with good reason. Related: How to Perform a Supply Chain Management Assessment for 2017. Source: Arkieva.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 60

BlueYonder

JUNE 1, 2023

He added that one-third of all medium to large warehouses will have at least one robot platform operational by 2030. The team asked questions as it designed the digital initiatives, such as: How best to change product design and supply chain capabilities to deliver a world-class experience.

Gartner 70

Gartner Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 70

BlueYonder

SEPTEMBER 13, 2022

These revolutions span demand, supply, inventory, transportation, and warehouse planning, informed by an ever-growing swathe of connected data from across their digital assets. This blurring of sub-verticals is expected to culminate in 100% of vehicles being connected by 2030 , according to McKinsey.

Inventory Reduction 57

Inventory Reduction Cost Reduction Strategies Material Savings Price Reduction 57

Supply Chain Insights

JULY 23, 2017

Understand inventory write-offs, impact of forecast processes and technology satisfaction in the planning benchmarking. Want to know what your customers value and how your organization’s performance delivers? Want to know what your customers value and how your organization’s performance delivers? How to keep up?

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 0

Unleashed

DECEMBER 5, 2023

Inventory management Inventory management can feel like a constant battle for eCommerce retailers. Now, however, AI is transforming the way eCommerce merchants approach demand forecasting. In this video, Sam Walker of Flowstore explains how AI-powered inventory management has improved their replenishment strategy.

Inventory Management Software 52

Inventory Management Software Predictive Analytics Software Supply Chain Design Software Demand Planning Software 52

Unleashed

NOVEMBER 1, 2021

Equipment that we’ve seen increasingly automated includes: Automated storage & retrieval : Robotic order picking systems and other storage or retrieval technology lets robots find, pick and move inventory around large warehouses – at a much faster rate than humans can and with less risk to safety. Amazon vows to go carbon neutral by 2030.

Supply Chain Planning Software 98

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

Vinculum

MAY 27, 2022

The survey estimates that e-commerce organizations will hit around $350 billion by 2030 from $52 billion in 2020. What is more important in handling the e-commerce business model is the proper inventory management setup for the business’s success at its zenith. ABC Analysis. Dropshipping. Just-in-time (JIT) Method. Cross-docking.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Companies struggle how to use market, customer sentiment, and channel data. Let me explain.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

ShipBob

AUGUST 9, 2021

This article covers how sustainability impacts the supply chain, and how you can implement sustainable best practices. How to Choose a 3PL for Your Ecommerce Business. Discover how to find the best mutual fit for your business. trillion to the global economy in the year 2030, a 4.4% Download the Guide.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Sustainability Waste Reduction 52

6 River Systems

FEBRUARY 3, 2020

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. According to PricewaterhouseCoopers , AI’s potential contribution to the global economy by 2030 is $15.7

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 59

Cognira

OCTOBER 3, 2023

How to leverage AI and ML for an Effective promotional pricing strategy? These promotions play crucial roles in seasonal sales, inventory management, and incentivizing bulk purchases. Savvy consumers seek out these off-season deals, knowing that retailers are keen to manage excess inventory. Billion Dollars by 2030.

Price Reduction 52

Price Reduction Waste Reduction Inventory Reduction Vendor Strategies 52

6 River Systems

DECEMBER 11, 2018

” — Jonathan Whitaker, How to Create a Supply Chain Center of Excellence that Works , Supply Chain Quarterly; Twitter: @TheQuarterly. ” — BSR, as quoted in How to Integrate Climate Change Risks and Opportunities into Supply Chain Management , SupplyChain247; Twitter: @supplychain247.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

6 River Systems

JUNE 29, 2020

Buying behaviors that were predicted to become the norm by 2030 are suddenly a reality. The table above, pulled from historical data in our analytics solution powered by Tableau, shows 2019 mean-peak data, current site data and 2020 peak forecasts for two of our active sites. The COVID-19 pandemic has changed our world overnight.

Purchasing Training 52

Purchasing Training Price Mitigation Strategies Training Cost Reduction Strategies 52

Talking Logistics

DECEMBER 5, 2018

The answer to the first question is clear when you consider the following sobering statistics about the industry: According to the McKinsey Global Institute, the world will need to spend $57 trillion on infrastructure by 2030 just to keep up with GDP growth.

Conference 101

Conference Optimal Sourcing Logistics Network Optimization Software Supply Chain Network Software 101