Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Intelligent Audit

JULY 22, 2021

Many innovative advancements have occurred in the past few years within the transportation network , including a focus on last mile delivery costs and shipping rate management through analytics. With that in mind, shippers need to understand the value of using analytics to track and reduce costs in the last mile.

Analytics Software 59

Analytics Software Cost Reduction Strategies Optimal Sourcing Analytics 59

Logistics Viewpoints

DECEMBER 5, 2022

Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. That increases the value of the analytics used by the procurement team. Do we then want to fly extra product to the DC?

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

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 251

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

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. My question is, “Why?” The shifts in growth from 2019-2021 are dramatic.

Supply Chain Design Software 195

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

Aera Technology

OCTOBER 30, 2018

by Kaushal Dave, Vice President of Cognitive (AI) Solutions, Aera Technology The problems that pervade inventory management are well known: Excess inventory languished in warehouses, tying up millions of dollars in working capital. How can we best manage expiring inventory? Stock shortages cut into margins and hurt brand image.

Inventory Management Software 64

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory Reduction 64

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. As such, optimally managing your sales and inventory at Kroger is essential to grow your brand and solidify its foothold with the end consumer.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Supply Chain Matters

MARCH 14, 2023

Designed to extract and augment key analytics and insight information, provide timely context and process synchronization without the need for a rip and replace approach. For warehousing and distribution management processes, control layer technology can bridge the gap between warehouse planning and physical execution workflows.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Prescriptive Analytics Software Optimization Software 94

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Now, let’s take consumer products. What can we learn?

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

Alloy

SEPTEMBER 3, 2019

Without this visibility into available inventory and focus on looking ahead to the future, you’ll find it hard to deliver the data-driven recommendations that retailers are looking for from their top partners. It’s calculated by dividing Retailer COGS by the average inventory on hand during the period. Weeks of Supply.

Forecasting 40

Forecasting Forecasting Software Alloy Retail 40

The Logistics of Logistics

JUNE 23, 2022

In addition, retailers are struggling to move inventory initially ordered in the first quarter of 2022 to make way for back-to-school and holiday merchandise. As noted by DC Velocity , “ most freight forwarders, traders, and shippers expect more disruption in the 2022 third-quarter peak season than they felt last year.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

Logistics Viewpoints

AUGUST 22, 2023

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. Why is this shift such a big deal? We don’t have to think back very far. Lesson learned.

Real-time Visibility 185

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 185

The Network Effect

JUNE 18, 2015

Some of these more advanced forecasting approaches require a level of analytics that involve both prediction and prescription. Mirroring store-level ordering policies by writing algorithms that estimate store order policy logic at the DC so that CPG companies can optimize both replenishment and transportation. Which is best?

Supply and Demand 100

Supply and Demand Prescriptive Analytics Software Demand Planning Software Supply Chain Design Software 100

Talking Logistics

OCTOBER 25, 2017

A national food ingredient distributor, Chicago-based Batory Foods had recently opened a 700,000sf flagship DC in Wilmington, Ill., As part of that growth, the company began offering 3PL services for one of its current suppliers, which also wanted to outsource its DC operations (from the same facility). “A

Food 100

Food New Zealand Case Study DC 100

ToolsGroup

SEPTEMBER 13, 2016

Supply chains inventory pools must be positioned to fulfill a wide item assortment that is customer behavior agnostic, a ccommodating both e-commerce or brick-and-mortar purchases. And Gartner reports that more than half of supply chain executives say they are increasing their investment in analytics and smarter algorithms.

Supply Chain Software 120

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Modeling 120

Supply Chain Shaman

AUGUST 12, 2022

He was also unaware of how to measure Forecast Value-Added, the Bullwhip impact and the health of inventory. What is the role of the forecast, budget, market data, and inventory in the proposed project? Registrations are pouring in for the Supply Chain Insights Global Summit on September 6th-8th in Washington, DC.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 195

crisp

OCTOBER 10, 2023

by Venkata Wunnava, Timothy Sepp, Dag Liodden, Casey Luther, Nickil Mishra, Sridhar Paladugu, David Kulwin, Sam Steiny & Bryan Smith Retailers have long shared sales and inventory data with their suppliers.

Retail 52

Retail Modeling Software Analytics Software Supply Chain Design Software 52

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. Leaders invest in analytics and customer-centric innovation. Functional efficiency drives superior results.

Supply Chain Design Software 195

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

C3 Solutions

JULY 28, 2020

What's interesting is how the use of IoT technologies to track inventory throughout the supply chain can dovetail with the kind of visibility you gain when you implement a best-of-breed dock scheduling system from C3 Solutions. 13 More typical is sensor-based tracking using RFID on pallets or cartons to count and locate stock within the DC.

Internet of things 78

Internet of things Retail Real-time Visibility Optimal Sourcing 78

SupplyPike

APRIL 10, 2020

Distribution centers are overrun and fairly chaotic right now trying to prioritize and fulfill orders, so be mindful of DC appointments and collect ready times to avoid OTIF or ORAD fines. Your buyer may also need to work on directing inventories to more active locations. Another solution is to create inventory reserves.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

Logility

NOVEMBER 10, 2020

He believed direct current (DC) was the future of electricity—believed it so completely that he told Nikolay Tesla there was no future for alternating current (AC) electrical transmission systems. In today’s “war for talent” it is essential to hire people with excellent analytical, communication, and people skills. Consider redundancy.

Supply Chain Planning Software 229

Supply Chain Planning Software Optimization Software Scenario Planning Supply Chain Optimization 229

Enterra Insights

MAY 3, 2018

” Advanced analytics is playing (and will play) a significant role in omnichannel operations. Lori Schafer, Retail analytics technology executive, explains, “[Omnichannel analytics are] allowing the retailer to apply analytics to every step of the customer journey. ”[6]. .”[7]

Omnichannel 100

Omnichannel Procurement Analytics Supply Chain Design Software Analytics Software 100

GlobalTranz

SEPTEMBER 13, 2018

According to Nathan Resnick via Shopify , some of the top challenges in implementing an e-commerce shipping strategy include: Poor inventory visibility. International trade and customs issues reports Toby Gooley of DC Velocity. Channel-specific processes. Delays in order fulfillment and delivery. Troublesome returns management.

Price Reduction 181

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 181

GlobalTranz

SEPTEMBER 4, 2015

In a Logistics Viewpoint survey , 50 percent of businesses reported sharing inventory across all channels or engaging in omni-channel practices. Additionally, the overwhelming majority, 98 percent, of businesses reported sharing inventory between online and retail locations.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Demand Planning Software Analytics Software 120

AB&R

DECEMBER 9, 2020

Operations are often multi-faceted, with many different tasks, shifting inventory locations, and new challenges with each passing day. Online shopping and deliveries have skyrocketed in 2020, with one analytics firm reporting a nearly 28% increase in sales for this year’s Holiday season alone [2]. Inventory Control Solutions.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Price Mitigation Strategies Distribution 52

ToolsGroup

FEBRUARY 19, 2019

Not just analytics, but in planning overall.”. Here are some examples of mid-market companies that have made the leap to high maturity levels: Automotive importer Lubinski had a simple policy of holding 100 days of inventory for every item, augmented by classic ‘ABC’ modeling that proved complex and time-consuming.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 136

Lucas

JULY 3, 2018

WERC’s Annual DC Measures Survey is a great tool for benchmarking your distribution center and warehouse operations, but it’s also a valuable resource for identifying trends across the industry. This year’s survey showed the growing importance of labor-related metrics in assessing DC performance.

DC 11

DC Survey Supply Chain Planning Software Analytics Software 11

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.

Gartner 127

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

crisp

JULY 20, 2023

Along the way, Swoon will be using Crisp’s inventory, sales and velocity dashboards to ensure the campaign reaches every door they were promised, while monitoring the campaign’s performance in the coming months. Rachel Meyers joined as Swoon’s first Director of Finance in 2020.

Inventory Reduction 52

Inventory Reduction Data Resource Reduction Price Reduction 52

Cognira

JANUARY 1, 2019

While there is great variability in order routing techniques, most boil down to applying a set of rules to determine the inventory eligible to use and then selecting the sourcing location with either the lowest shipment cost or shortest delivery time. The Elizabethtown DC only has 1 unit on hand while Cedar Rapids, IA has 10 units.

Sourcing Strategies 40

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Forecasting 40

Cognira

DECEMBER 17, 2018

Current State of the World While there is great variability in order routing techniques, most boil down to applying a set of rules to determine the inventory eligible to use and then selecting the sourcing location with either the lowest shipment cost or shortest delivery time. So, the order is routed to the Elizabethtown DC.

Sourcing Strategies 40

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Forecasting 40

o9 Solutions

MAY 26, 2021

The need to respond to those changes while maintaining margins, service, and efficiencies with optimal planning of inventory, sourcing, transportation, and fulfilment. and carefully procure and place inventory, they constantly face operational issues during execution. Controlling Business Outcomes with Supply Chain Control Towers.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

The need to respond to those changes while maintaining margins, service, and efficiencies with optimal planning of inventory, sourcing, transportation, and fulfilment. and carefully procure and place inventory, they constantly face operational issues during execution. Controlling Business Outcomes with Supply Chain Control Towers.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Logistics Bureau

OCTOBER 20, 2021

In many cases, your distribution operation will incur unwanted costs to manage returns of damaged items and deliver replacements to the customers (not to mention the cost of writing off damaged inventory). Inventory Days of Supply. How to Calculate Inventory Days of Supply. Average sales in a month: 600. The Par Level System.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

BlueYonder

JANUARY 11, 2021

We recently had two industry and supply chain experts join us to discuss this topic during a LinkedIn Live session: Fab Brasca, Blue Yonder GVP of Global Solutions, and Suresh Acharya, Blue Yonder Scientific Advisor and the University of Maryland Professor in Business Analytics. Below is an excerpt of the conversation.

Supply Chain Planning Software 80

Supply Chain Planning Software Agile and Lean Supply Chain Supply and Demand Supply Chain Optimization 80

Supply Chain Trend

DECEMBER 22, 2023

Additional benefits of good decision practices are reducing (non automated) decision time with 75%, reducing wasted analytics with 60% and improving employee engagement with 50%. Augmented analytics runs (automated) advanced analytics to provide unique insights or different possibilities to a planner/user.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

SupplyPike

MARCH 23, 2020

Just one Walmart DC is one million square feet, so it can be tough making sure all products are where they need to be. An ice storm may cause delays in your shipping so that your product doesn’t reach the stores on time from the DC, or your buyer may decide to run a sale, or your new marketing campaign did much better than expected.

Forecasting Software 52

Forecasting Software Supply Chain Planning Software Forecasting Procurement Analytics 52