Logistics Viewpoints

DECEMBER 15, 2022

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes.

Optimal Sourcing 193

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 193

ToolsGroup

SEPTEMBER 6, 2023

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Global Supply Chain Inventory Optimization (IO) vendors. The study provides competitive analysis and ranking of the leading service vendors in the form of its SPARK Matrix.

ToolsGroup 156

ToolsGroup Optimization Software Supply Chain Design Software Supply Chain Planning Software 156

Supply Chain Shaman

JANUARY 8, 2024

This weekend, I edited the Supply Chains to Admire report. An analysis of improvement, performance, and value of over 500 public companies in 28 industries over a decade. (I This work completed in 2013 defined the Supply Chains to Admire. The full report publishes this week. I posted my working summary.)

Supply Chain Design Software 235

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 235

Logility

AUGUST 4, 2022

Much of the merchandise languishing aboard cargo ships stuck in ports around the world during the pandemic-fueled supply chain crisis has made it to store shelves. With much of the inventory suddenly arriving, retailers are realizing that the macro economy and Americans’ buying habits have changed while the goods were adrift. .

Price Reduction 130

Price Reduction Inventory Reduction Analysis Resource Reduction 130

Logistics Viewpoints

DECEMBER 11, 2023

I’ve completed research on supply chain planning (SCP) boutiques. We are teaming up to bring you the coolest supply chain boutiques, listed alphabetically, that we identified through those studies. enVista provides across-the-board supply chain and logistics consulting. What is a boutique?

Supply Chain Design Software 244

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 244

ToolsGroup

MARCH 24, 2021

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. There are many pieces of the modern manufacturing supply chain. The basic approach to inventory optimization.

Modeling 270

Modeling Optimization Software Inventory Reduction Network Optimization 270

Arkieva

FEBRUARY 10, 2021

In this blog are some analyses based on the Pareto principle (or as is very commonly referred to as ABC analysis) that one can do in order to determine the alignment of the inventory with the overall needs of the supply chain.

Analysis 88

Analysis Inventory Supply Chain Planning Software Supply Chain Planning 88

Supply Chain Shaman

DECEMBER 27, 2022

In a recent research project, we found that 2/3 of companies had a digital supply chain transformation strategy; however, those that were evolving their strategy performed better during the early months of the pandemic than those that were “clear” on the project plan for a digital transformation. Supply Chain 4.0.

Supply Chain Software 393

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 393

Freightos

DECEMBER 20, 2022

From lockdown-induced purchasing highs, soaring logistics costs and supply chain snarls to waning demand, soaring inflation, and fears of recession – there has never been a dull moment. . The global economy has gone through an incredibly tumultuous time since 2020. compared to a year earlier , representing nearly 0.5%

Purchasing Skills 156

Purchasing Skills Analysis Cost Reduction Strategies Freight 156

Logistics Viewpoints

APRIL 10, 2024

Supply chain resilience is a hot topic the last few years since post-Covid issues and newsworthy incidents like the Houthi attacks in the red sea have raised awareness. The bridge collapse is a stark reminder of the vulnerability of the nation’s aging infrastructure and the importance of supply chain resilience.

Baltimore 230

Baltimore Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Supply Chain Shaman

APRIL 9, 2021

We stubbed our toe in supply chain management at the beginning of the decade. Facing The Issues of Supply Chain Performance. As I work through this year’s Supply Chains to Admire , I cannot help but shake my head. The black veil of the pandemic is a supply chain wake-up call to build better.

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

Logility

AUGUST 31, 2022

It’s a complex problem, but you can successfully optimize inventory levels with the right approach and technology. With all of today’s supply chain disruptions, and new ones no doubt lurking around the corner, companies without optimized inventory are risking overpaying and underperforming.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Disruption Optimal Sourcing Inventory Reduction 130

ToolsGroup

MAY 11, 2021

Likewise, many growth-oriented companies employ supply chain planning (SCP) software to facilitate their growth and improve efficiency and customer service. Industry Analysis: details the industry size and trends. Customer Analysis: identifies and describes the key customer segments served. Customer Analysis.

Supply Chain Planning Software 296

Supply Chain Planning Software Supply Chain Planning Supply Chain Optimization Modeling 296

Supply Chain Shaman

APRIL 16, 2024

The article introduced the concept of self-service planning and challenged companies to rethink the concepts of supply chain planning. Supply Chain Insights Training, 2024 The Opportunity Based on my research, I believe there is an opportunity to reduce the number of planning roles by 80-85%. So my questions are simple.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 217

Supply Chain Shaman

JUNE 12, 2020

In my day-to-day work in supply chain management, I find more encounter more opinions than facts. …most discussions are fueled by over-zealous and self-serving marketing programs. Downsizing inventories over the past decade crippled the response.” Days of Inventory Peer Group Across Time Periods. Reflection.

Inventory Management Software 254

Inventory Management Software Inventory Management Inventory Reduction Inventory 254

Supply Chain Shaman

JUNE 30, 2023

As a supply chain leader, he is struggling how to dance in the ring of fire. The ring of fire is corporate politics at the executive level on supply chain performance. Each executive has a different perspective on the definition of supply chain excellence, but they are never discussed and aligned.

Supply Chain Planning Software 312

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 312

Supply Chain Shaman

MARCH 21, 2024

Supply Chain Planners Analogous to Secretarial Pools? In my forty years of studying supply chain planning, the groups became larger, but with questionable results. We sidestep vacuous terms like digital supply chain and attempt to measure and redefine flows based the redefinition of planning. The So What?

Inventory Reduction 389

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 389

Logility

MAY 25, 2023

In today’s fast-paced and unpredictable global market, the secret to maintaining a competitive edge lies in a key area—robust inventory control techniques. It’s no longer a luxury but a necessity, a critical cog in the wheel of successful supply chain management and warehousing. billion each year.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

The Smart Software

MARCH 11, 2024

In this video blog, we explore the critical roles of Descriptive, Predictive, and Prescriptive Analytics in inventory management, highlighting their essential contributions to driving supply chain optimization through strategic foresight and insightful data analysis.

Prescriptive Analytics Software 88

Prescriptive Analytics Software Predictive Analytics Analytics Software Analytics 88

Logility

MARCH 6, 2024

In an ever-evolving technological landscape, new potential explodes in the supply chain space daily. But how can you incorporate advanced analytics into your supply chain flow? Statistical analysis is a vital component of the supply chain. What new roles do you need in your supply chain team?

Prescriptive Analytics Software 183

Prescriptive Analytics Software Analytics Software Predictive Analytics Supply Chain Planning Software 183

ToolsGroup

JULY 27, 2021

Consumer goods e-commerce sales for example increased 91% year over year according to a NielsenIQ analysis. But for this high SKU count industry where demand is as unpredictable as New England weather, the condition of many consumer goods supply chains is far from rosy. Make Sure Your Inventory is Healthy.

Agile and Lean Supply Chain 290

Agile and Lean Supply Chain Supply and Demand Supply Chain Planning Software Gartner 290

ToolsGroup

FEBRUARY 23, 2021

What’s the difference between traditional inventory planning and inventory optimization? Optimizing your inventory is a different beast than simply planning your inventory. They face a complex distribution network and optimizing inventory for each location is challenging. Anyone can come up with a plan.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Modeling Optimization Software 156

Logistics Viewpoints

SEPTEMBER 29, 2022

The Association for Supply Chain Management ( ASCM ) hosted its annual conference, ASCM CONNECT , on September 18 – 20 in Chicago. As such, I assumed that supply chain wasn’t a core competency. Network Supply Chain Restructure. Fortunately for me, some of the sessions were available virtually.

Supply Chain Transformation 242

Supply Chain Transformation Network Optimization Supply Chain Network Software Optimal Sourcing 242

ThroughPut

APRIL 15, 2024

Fortunately, a solution is emerging that not only relieves these pains but also transforms them into competitive advantages: AI forecasting, a paradigm shift in supply chain management. AI in supply chain forecasting is a game-changer. What is Supply Chain Forecasting?

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Modeling 52

Logistics Viewpoints

FEBRUARY 26, 2024

Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supply chain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions. We knew exactly what we couldn’t get.”

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

SCMDOJO

MARCH 8, 2024

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

Inventory Reduction 83

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 83

Logility

OCTOBER 19, 2023

Why Network Optimization Is the Key to Consumer Packaged Goods Supply Chain Resiliency It has been a few years since the onset of the pandemic exposed the tragic consequences of supply chain fragility within the consumer packaged goods (CPG) industry.

Network Optimization Software 130

Network Optimization Software Modeling Network Optimization Supply Chain Optimization 130

EMERGE App

DECEMBER 19, 2023

Inventory management is a tough task, especially when you’re starting out. There are lots of inventory management books available which can help you understand basics, but I am here with the list of best books in the market. Best Inventory Management Books of All Time: 1.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

GlobalTranz

MARCH 13, 2020

Supply chain leaders often interchangeably refer to both a warehouse management system and an inventory management system as one and the same. The post What Is an Inventory Management System & Its Role in Omnichannel Fulfillment? appeared first on Transportation Management Company | Cerasis.

Inventory Management Software 219

Inventory Management Software Inventory Management Omnichannel Inventory 219

The Logistics & Supply Chain Management Society

JUNE 14, 2023

Managing Inventory amid Regime Change by Thomas Willemain, Ph.D ​If Statisticians use the phrase differently, in a way that has high relevance for demand planning and inventory optimization. This blog is about “regime change” in the statistical sense, meaning a major change in the character of the demand for an inventory item.

Inventory 130

Inventory Supply and Demand Scenario Planning Demand Planning Software 130

Logistics Viewpoints

APRIL 3, 2023

IBP is a collaborative process involving diverse business functions that is designed to balance demand against supply in a manner that maximizes the goals of that company. This is, at many companies, a month-long process that produces a supply chain plan that spans out over several months – often 24 or 36 months.

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 252

GlobalTranz

APRIL 20, 2021

Shortages of products from toilet paper to microchips during the coronavirus pandemic highlighted the value of supply chain resiliency, and the opportunities for companies that aren’t as prepared as they would like. By contrast, supply chains that are too lean may not have enough flexibility and redundancy to survive unscathed.

Supply Chain Planning Software 288

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Sourcing Strategies 288

ModusLink Corporation

FEBRUARY 9, 2022

Inventory Management has always played a key part in any successful Supply Chain. Correctly managing inventory levels helps companies to swiftly adapt to unpredictable changes within the marketplace. Without adapting to the current demand, your winter jackets will become excess inventory overtime. Risk Management.

Inventory Management Software 78

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 78

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. Managing inventory is a complex business. Inventory management KPIs are important as they help analyze and track the performance of inventory management activities such as how stock is ordered, managed and turned. Inventory turnover ratio.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Analysis 52

Logistics Viewpoints

OCTOBER 19, 2023

I work in supply chain. If I had done due diligence, I’d have seen the warnings – the retailer had pretty pictures on their website, but their supply chain failed them, creating an eleven-month saga and unhappy customer. The issue wasn’t poor planning – they had the inventory. I should have known better.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

Logistics Viewpoints

JUNE 26, 2023

Mars has been on a journey to transform their digital supply chain. In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supply chain transformation. Mars’s Digital Transformation Mr. Beery started by asking, “what does a digital supply chain mean for us?”

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Logistics Viewpoints

MARCH 25, 2021

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309