Supply Chain Shaman

JUNE 29, 2022

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 256

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 256

Supply Chain Shaman

OCTOBER 13, 2022

On this tour, I heard Jeff Ma, a former member of the MIT blackjack team, speak on the use of analytics to make better decisions in “beating the house.” I love the stories but question the fit of the metaphor(s) for a supply chain conference. Inventories increased by 44% due to supply chain volatility. The reason?

Supply Chain Planning Software 219

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 219

Logility

MARCH 11, 2024

About Supply & Demand Chain Executive Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Learn more at [link].

Logility 211

Logility Supply Chain Planning Software Demand Planning Software Supply Chain Design Software 211

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Supply Chain Shaman

FEBRUARY 28, 2021

As I look at the financials, I question what the value could be if we got serious about innovation through new forms of analytics. Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective. The reason?

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 219

Supply Chain Shaman

FEBRUARY 14, 2022

When my flight canceled, I was en route to the annual AMR conference in Phoenix. 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

The Logistics of Logistics

MAY 26, 2023

Committed to environmental and social responsibility, ALOM manages the physical supply chain from procurement, inventory management, contract assembly, digital media and print, to omni-channel fulfillment and returns.

Supply Chain Design Software 205

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 205

Precoro

JULY 16, 2023

In other words, the purchasing manager is responsible for securing inventory requirements within the company’s budget and overall efficiency of the company’s purchases. Inventory Management Efficiency This is an evaluation of how efficiently the purchasing team maintains the right level of inventory.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Procurement Academy

OCTOBER 25, 2021

This wider focus is known as ESG , environmental, social, and governance, and for procurement and supply chain functions, ESG’s wider focus brings challenges. How should a procurement function regard a supplier with fewer green credentials, but a better performance when it comes to social responsibility? Choices, choices, choices.

Price Reduction 98

Price Reduction Inventory Reduction Buyer Training Procurement 98

Supply Chain Shaman

SEPTEMBER 17, 2014

I smiled on the week following the conference as the accolades piled up in my inbox. Attending the conference was Alexia Howard, Senior Research Analyst – US Foods for Sanford C. Attending the conference was Alexia Howard, Senior Research Analyst – US Foods for Sanford C. 110 supply chain leaders attended.

Optimal Sourcing 303

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 303

SCMDOJO

MARCH 25, 2024

Pursuing a degree in these areas will equip you with the fundamental knowledge of supply chain principles, such as procurement, inventory management, logistics, and operations strategy. For students aiming to carve out a space in this field, doubling down on tech and analytical skills is non-negotiable.

Negotiating Skills 85

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 85

Supply Chain Shaman

APRIL 15, 2020

As the world for non-essential workers moved to on-line meetings, conference calls, and uncertainty, essential workers redefined the workplace to mitigate risk. This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain.

Supply Chain Planning Software 439

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 439

Supply Chain Shaman

MARCH 6, 2018

Descriptive analytics. Prescriptive analytics. I find as I attend conferences that the word “planning” is bantered about, but few technologists dive into the details. As we move forward, there is a lot of discussion on descriptive analytics and the ability to get data. Machine learning. Collaborative workflow.

Supply Chain Planning Software 203

Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Planning Scenario Planning 203

Supply Chain View from the Field

APRIL 10, 2013

At the Coupa INSPIRE procurement conference in San Francisco this week, the Chief Procurement Officer of Coca Cola Consolidated, Patrick Hopkins, shared his views on the “4 Truths of Procurement”, and how he has operationalized his views through the deployment of Coupa procure to pay software. Data must be right.

Procurement 83

Procurement Material Savings San Francisco SAP 83

Enterra Insights

NOVEMBER 5, 2018

For example, at the NRF’s 2018 Shop.org conference, CVS Pharmacy President Kevin Hourican, told participants, “Retail isn’t dead. Kiran Mani, Google’s managing director of retail, told conference participants, “Personalization is nothing but translating information into assistance. Bad retail is dead.”[2]. ”[2].

Retail 100

Retail Supply Chain Planning Software Analytics Software Forecasting Software 100

o9 Solutions

APRIL 11, 2023

With 11,000-plus registrations, aim10x global is o9’s premier online event where supply chain, procurement, revenue management, IT, and sustainability leaders come together to gain best practices, insights, and inspiration from more than 60 thought leaders, change-makers, and executives who are shaping the future. o9 Solutions ranked No.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Demand Planning Software Pharmaceutical 52

ToolsGroup

OCTOBER 6, 2015

I attended the Supply Chain Technology User Wants and Needs Study delivered by Dwight Klappich at the Gartner Supply Chain Executive Conference two weeks ago in London, where he laid out Gartner’s latest findings about the things that matter most in supply chain performance. They pursue analytics to help find hidden data.

Supply Chain Planning Software 120

Supply Chain Planning Software Gartner Supply Chain Software Supply Chain Strategy 120

Talking Logistics

JANUARY 8, 2018

The reality is that supply chain management is not just about managing orders and transportation and inventory — it’s about doing all those things while also navigating through the many risks that could disrupt your supply chain or bring it to a halt. What are some of the biggest supply chain risks companies face today?

Supply Chain 103

Supply Chain Logistics Network Optimization Software Real-time Visibility Sourcing Strategies 103

The Logistics & Supply Chain Management Society

APRIL 26, 2022

According to the Conference Board, despite lockdowns and COVID-19 related restrictions, consumer confidence in Asia rose in the last quarter of 2021 to 128 points from 126 points. The Role of Digitisation and Analytics in Supply Chain Resilience. As a result, consumer behaviour is likely to become more and more unpredictable.

Supply Chain Planning Software 246

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

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. For example: Inventory Record Accuracy has to be 98-100% accurate daily.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Supply Chain Shaman

NOVEMBER 6, 2016

If a planning project short-circuits the conference room pilot stages, it will be difficult to ever maximize the value from the investment. This allows shared services of procurement and transportation to function smoothly to achieve the economies of scale. It requires strong analytical skills and business understanding.

Supply Chain Planning Software 150

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

Supply Chain Matters

NOVEMBER 30, 2022

The product announcement was made in conjunction with the Amazon AWS reInvent conference. The data is then layered with machine-learning based analytics, reportedly based on Amazon’s noted 30 years of supply chain experience in extracting data from ERP and specialty supply chain applications.

Supply Chain Planning Software 59

Supply Chain Planning Software Prescriptive Analytics Software Analytics Software Logistics Network Optimization Software 59

C3 Solutions

JULY 30, 2020

It's not the retailers aren't interested; in fact, they strongly believe that IoT will have a dramatic effect on business in the next three years , and 72 percent in a recent North American study said they were interested in IoT based automation, sensors and analytics. Where's the ROI?

Gartner 127

Gartner Internet of things Supply Chain Design Software Supply Chain Software 127

Supply Chain Shaman

JANUARY 28, 2013

Previously, the focus was on a more siloed approach to improving manufacturing, procurement or logistics. Today, most supply chain professionals believe that the supply chain planning solutions have driven steady progress to reduce costs, improve inventories and speed time to market.

Supply and Demand 241

Supply and Demand Modeling Demand Planning Software Demand Management 241

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. Or to move from predictive analytics to prescriptive/cognitive capabilities to sense/learn and act?

Supply and Demand 150

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

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. How the Use of Big Data Analytics Affects Value Creation in Supply Chain Management. no opt-in). no opt-in). Preston, D.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

Requis

OCTOBER 31, 2019

The following article is a sample from Loic Coyot’s presentation, “Insights on New Technologies Across Industries,” that he will be presenting at the 2020 Conference and Trade Show in Scottsdale, AZ , April 19 – 22. __. What if you could fly drones over yards and check against your inventory? Inventory auditing.

Analytics Software 40

Analytics Software Manufacturing Procurement Inventory Management Software Forecasting Software 40

Requis

OCTOBER 31, 2019

The following article is a sample from Loic Coyot’s presentation, “Insights on New Technologies Across Industries,” that he will be presenting at the 2020 Conference and Trade Show in Scottsdale, AZ , April 19 – 22. __. What if you could fly drones over yards and check against your inventory? Inventory auditing.

Analytics Software 40

Analytics Software Manufacturing Procurement Inventory Management Software Forecasting Software 40

Unleashed

OCTOBER 4, 2023

Some of the main steps involved in the order fulfilment process include: Inventory management Picking and packing Tracking and communication Shipping and delivery Customer service Returns management Fulfilment costs can represent up to 30% of an eCommerce company’s total operating expenses. It also ensures that resources are used efficiently.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Talking Logistics

JULY 24, 2015

In my post last week about Descartes’ user conference , I commented on how the company had made 28 acquisitions since 2005, including 7 acquisitions since 2013, and how global trade content was a growing focus for the company (evidenced by its acquisition of Customs Info). and Convergence is the Word for 3PLs.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 100

NC State SCRC

NOVEMBER 5, 2016

Contract management analytics are critical for tracking transactional compliance with contract pricing, terms and conditions, but also as a vehicle for workflow management around negotiation of contract renewals, and aggregation of supplier performance data on service level agreements, delivery, quality, and service performance.

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 40

Supply Chain Shaman

JANUARY 8, 2014

I need it for my conference on September 10th-11th, 2014. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. For example, ICI was a highly technical and analytic company. I am behind. The heat is on. No backing out.

Procurement Analytics 260

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 260

Logistics Viewpoints

JANUARY 23, 2024

Throughout the conference I met with several software and hardware providers to get a glimpse into what they were showcasing. Snowflake is a cloud computing–based data cloud company that offers a cloud-based data storage and analytics service, generally termed “data-as-a-service.”

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

Logistics Viewpoints

MARCH 21, 2021

Here is what Mr. Toornman said at the conference. “We We need problem solvers, people that can work with data from a data analytics perspective. In short, analytic skills – the ability to run what-if scenario planning will become increasingly important. We need people that are adaptable. We never had that before.”

Supply Chain Design Software 240

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 240

Supply Chain Matters

APRIL 5, 2022

These announcements were made in conjunction with the LogicPharma Europe industry conference being held this week. B2B Business Network provider TraceLink made a series of product, organizational and partnership announcements this week concerning the provider’s Work Management application orchestrated by the Opus Digital Network Platform.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software Predictive Analytics Software 52

Supply Chain View from the Field

OCTOBER 14, 2015

I had the opportunity to speak to a group of oil and gas executives at the DHL Global Energy conference this week, held in the Petroleum Club. The conference was a great opportunity to interact with logistics and procurement executives in an environment of open dialogue and discussion.

Material Savings 60

Material Savings Cost Reduction Strategies Conference Price Reduction 60

Logistics Viewpoints

FEBRUARY 28, 2022

Aniruddh Srivastava, Head of Demand and Supply Planning at Mahindra & Mahindra, said at Blue Yonder ’s Icon user conference that artificial intelligence and machine learning algorithms are the cornerstone of their strategy. A better forecast leads to carrying less inventory while maintaining or even improving service levels.

Optimal Sourcing 282

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 282