Logistics Viewpoints

JUNE 19, 2023

Experts have recently warned about the possibility that artificial intelligence (AI) could lead to the destruction of 400 million jobs by 2030. These same pundits also predict that AI could lead to increases in global GDP by trillions of dollars in the same time frame. A real-time WMS can achieve inventory accuracy of 99.9%

Supply Chain Design Software 236

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 236

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. Since the start of the COVID-19 pandemic, the global supply chain has faced constant changes and uncertainties across every industry. Supply Chain Management and Maintaining Inventory.

Logistics Network Optimization Software 247

Logistics Network Optimization Software Supply Chain Planning Software Inventory Management Software Inventory Reduction 247

AIMMS

SEPTEMBER 19, 2018

The conference, organized by Supply Chain Shaman Lora Cecere and her team, was structured around a compelling theme: “imagine the supply chain of 2030.” The post Key learnings from Supply Chain Insights’ Global Summit appeared first on AIMMS. It was a pleasure to attend this month’s Supply Chain Insights Summit in Philadelphia.

Prescriptive Analytics Software 156

Prescriptive Analytics Software Supply Chain Planning Software Modeling Supply Chain Software 156

Supply Chain Shaman

JUNE 29, 2021

Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). Each division with global oversight drives the decision process. It is harder than you might think.

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 369

AIMMS

SEPTEMBER 19, 2018

The conference, organized by Supply Chain Shaman Lora Cecere and her team, was structured around a compelling theme: “imagine the supply chain of 2030.” It was a pleasure to attend this month’s Supply Chain Insights Summit in Philadelphia. Other major topics: S&OP and Demand Driven .

Prescriptive Analytics Software 209

Prescriptive Analytics Software Supply Chain Planning Software Modeling Supply Chain Software 209

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. I pulled up my covers to go to sleep four hours later. My question is, “Why?”

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Supply Chain Shaman

JULY 25, 2021

Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). Lack of Focus on Form & Function of Inventory and Designing Network Flows. As supply chains moved from regional to global, intransit and cycle inventories increased.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Arkieva

SEPTEMBER 12, 2016

The first day of the keynote speech at the Supply Chain Insights Global Summit from Lora Cecere – CEO and Founder Supply Chain Insights ended with the famous quote from Rumi, instigating the need for a disruption in the traditional way of thinking about supply chain processes. Figure 2: Supply Chain Insights Global Summit Supply Chain Index.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 60

BlueYonder

OCTOBER 4, 2022

to the recent devastating floods in Pakistan , we’re witnessing a series of natural and humanitarian crises unfold as a result of global warming. alone, by 2030 the costs of climate-change related workplace disruptions are expected to exceed $2 billion. Every day we’re reminded of the catastrophic effects of climate change. In the U.S.

Optimal Sourcing 81

Optimal Sourcing Supply Chain Planning Software Sourcing Modeling 81

AIMMS

SEPTEMBER 19, 2018

The conference, organized by Supply Chain Shaman Lora Cecere and her team, was structured around a compelling theme: “imagine the supply chain of 2030.” The post Key learnings from Supply Chain Insights’ Global Summit appeared first on AIMMS - Supply Chain Management, Analytics, and Optimization Blog.

Prescriptive Analytics Software 120

Prescriptive Analytics Software Supply Chain Planning Software Modeling Analytics Software 120

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. Predictive analytics will empower them to leverage data and make informed decisions related to inventory requirements, warehouse space optimisation and usage. billion by 2025.

Supply Chain Software 130

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Supply Chain Shaman

JUNE 29, 2022

The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. According to figures published last November by the World Semiconductor Trade Statistics (WSTS), the global semiconductor market growth rose from 6.8% Focus on right-sizing inventories.

Supply Chain Design Software 251

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 251

BlueYonder

APRIL 9, 2024

Spanning 140 brands, 40,000 employees, 150 global markets, and 12.5 Pressures come in the form of regulations, both nationally and internationally for global operations such as Carlsberg’s. Nearly all strategies put forward by organizations, including Carlsberg, come with a 2030 or 2040 asterisk.

Optimal Sourcing 101

Optimal Sourcing Sustainability Material Savings Waste Reduction 101

Supply Chain Shaman

AUGUST 2, 2017

The average company has seven S&OP processes, but a global chemical company averages over 30. Each is different, and I have not found a company that can easily roll up a global material balance. Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function.

S&OP 154

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 154

Logility

JUNE 30, 2022

The trucking industry was down 80,000 drivers in 2021, and that shortage is anticipated to balloon to 160,000 by 2030. It’s a global problem. million by 2030. Use a two-pronged approach that couples new recruitment approaches with technology to provide transparent operational insight. China, which had a worker surplus of 55.2

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 173

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. Five winners from this analysis are speaking at this year’s Supply Chain Insights Global Summit.

Supply Chain Design Software 195

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

BlueYonder

MARCH 5, 2024

For over a century, the global automotive industry has been focused on one central technology: the internal combustion engine. However, the risk of this business model is the disconnect with the market it serves — which results in massive incentives to clear out vehicle inventories.

Automotive 96

Automotive Supply Chain Planning Software Modeling Software Forecasting Software 96

Supply Chain Shaman

AUGUST 7, 2019

In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. In the period of 2010-2018, within the chemical industry, margins fluctuated, largely driven by the price of crude, but inventory turns plummeted.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

Synovos

JULY 24, 2023

In November 2021, RS launched its 2030 ESG action plan, entitled ‘For a Better World’, which has four global goals and 15 ambitious actions for 2030. Through its global education program, the Company has reached 471,000 young people across 10 countries globally and approximately 4,400 educational institutions.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Government 52

Logistics Viewpoints

OCTOBER 7, 2022

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. The goal is to reduce or avoid one billion metric tons (a gigaton) of greenhouse gasses from the global value chain by 2030. This is putting the squeeze on small businesses.

Logistics Network Optimization Software 184

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Synovos

NOVEMBER 10, 2023

We are delighted to have attained the EcoVadis platinum medal for the second successive year and believe this is a reflection of our strong commitment to the implementation of our 2030 ESG action plan,” said Andrea Barrett, VP Social Responsibility and Sustainability, RS Group. “Of Contact one of our global locations for more information.

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Groups Optimal Sourcing Manufacturing Procurement 105

Supply Chain Shaman

AUGUST 2, 2017

Today, the average company has seven S&OP processes, but a global chemical company averages over 30. In my work, I have not found a company that can easily roll up a global material balance or gain a common view of demand. In some companies, the regions have strong control while in others the global teams drive the process.

S&OP 152

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 152

Logistics Viewpoints

AUGUST 5, 2021

Schneider Electric has committed to convert its 14,000 fleet vehicles to electric by 2030. Technicolor, which makes high tech equipment for the connected home, found their sales team drove the business but created havoc by entering new requirements or cancelling them too late for operations to keep up, so inventories grew.

Supply Chain Planning Software 299

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 299

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. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. Social Listening.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Supply Chain Shaman

JULY 22, 2019

It is not as simple as trading-off inventory, cost, and customer service. In the Supply Chains to Admire analysis, the focus is to understand the relative performance of a company within a peer group of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). Imagine Supply Chain 2030. What is different?

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 250

Supply Chain Shaman

JUNE 3, 2019

A supply chain team improved forecast accuracy by 22%, but did not improve inventory or customer service. The focus is to understand which companies are able to drive better performance, while accelerating improvement, than peer group on a balanced scorecard of growth, operating margin, inventory turns and Return on Investment Capital (ROIC).

S&OP 169

S&OP Supply Chain Planning Software Supply Chain Design Software Modeling 169

Supply Chain Shaman

JUNE 7, 2021

Companies entered the pandemic with twenty more days of inventory than at the beginning of the great recession. A balance sheet analysis shows that 95% of publicly traded manufacturers are stuck (when compared to peer group) at the intersection of growth and margin, margin and inventory turns, and Return on Invested Capital (ROIC) and growth.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Supply Chain Shaman

MAY 18, 2019

In parallel, the movement to global processes and the elongation of the long tail of planning increased complexity making modeling more difficult. Teams continuously balance cost, customer service, asset utilization and inventory. Imagine Supply Chain 2030. The focus is on Imagining Supply Chain 2030. Dependency on Excel.

S&OP 176

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

ThroughPut

MARCH 30, 2021

Between 33-50% of food produced globally is never eaten, and this wasted food is worth over $1 trillion. According to BCG , by 2030 annual food loss and waste will hit 2.1 With the misuse of resources becoming a global issue, the UN’s Sustainable Development Goals listed a target of reducing food loss and waste by half by 2030.

Waste Reduction 126

Waste Reduction Supply Chain Planning Software Resource Reduction Supply Chain Software 126

Supply Chain Matters

OCTOBER 25, 2022

West Coast Port backups earlier this year are now ended, and a report indicating that global automakers have increased their investment levels in EV supply and production needs to an estimated $1.2 Trillion by 2030. . Report Indicating Global Automakers to Double Investments on EV Supply Networks. Trillion by 2030.

Ukraine 52

Ukraine Supply Chain Planning Manufacturing Procurement Los Angeles 52

Supply Chain Shaman

JULY 5, 2016

Both Kimberly-Clark and P&G are going backwards on operating margin while making progress on inventory turns. As the company spiraled in the updraft of the market, it built inventory. billion in inventory charges in April 2001. The Shaman blog is now read by 15,000 readers globally. Take a look at Figure 1.

Supply Chain Planning Software 150

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Industrial 150

The Logistics & Supply Chain Management Society

APRIL 26, 2022

The evolving pandemic, growing geopolitical tensions, nervous financial markets and increasing economic uncertainty means supply, both globally and locally, is at the very least, uncertain. In fact, global freight rates have increased tenfold since the start of the pandemic. GLOBAL CRISES DRIVE PRICES SKY-HIGH.

Supply Chain Planning Software 246

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

Cathy Roberson

SEPTEMBER 12, 2022

I spent time at the conference listening to members’ research needs and, best of all, their willingness to share data so that we can size the total, global, and regional returns market, figure out the average returns volume by type of business (retailer, manufacturer, etc.), We are on track to reduce our carbon emissions 75% by 2030.

Reverse Logistics 52

Reverse Logistics Inventory Reduction Logistics Network Optimization Software Supply Chain Design Software 52

Supply Chain Shaman

MARCH 28, 2016

In our analysis, only one out of ten companies successfully improves operating margins and inventory turns at the same time. When this happens, we find that the organization is more aligned and perform(s) better on the Supply Chain Metrics That Matter –growth, inventory turns, operating margin, Return on Invested Capital (ROIC). (We

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

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. This was a huge improvement and potentially could help reduce some inventory buffers that the team used to offset the date inaccuracies.

Gartner 70

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

SCMDOJO

DECEMBER 28, 2023

According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices. This integration ensures the visibility of inventory, efficient order processing, and synchronized fulfilment across all channels.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Demand Planning Software 74

QAD

FEBRUARY 25, 2020

As an example, look no further than Microsoft’s announcement to be carbon negative by 2030 and their commitment of $1 billion towards a climate innovation fund. The complexity of global supply chains, lack of communication with trading partners and the rush to meet on-time delivery requirements typically result in waste.

Waste Reduction 145

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 145