Supply Chain Matters

OCTOBER 7, 2022

The Wall Street Journal reported this week ( Paid subscription or metered view ), that fashion and apparel retailer Macy’s has managed to avoid the significant excess merchandise inventory levels that are challenging other retailers. We recommend that our readers have a view of this report.

Supply and Demand 52

Supply and Demand Inventory Reduction Demand Planning Software Price Reduction 52

ToolsGroup

FEBRUARY 7, 2022

Data source: eMarketer. Google’s findings align with McKinsey data (and, for what it’s worth, my browsing history), demonstrating apparel, cosmetics, household items, and pets as categories consumers intend to splurge. Take Burlington, for example. eCommerce Purchases and “The New Normal” Retail Categories.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

AIMMS

MARCH 30, 2020

T he apparel industry, for instance, is bracing for a prolonged period of low activity. The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . Study 3: Identify Optimal Sourcing Locations . Understand Exposure .

Supply Chain Disruption 156

Supply Chain Disruption Supply Chain Design Software Optimal Sourcing Scenario Planning 156

Logistics Viewpoints

SEPTEMBER 20, 2022

In this blog, I’ll try to shed more light on it with examples from our work with our customers. Think of the Lego as the ultimate example of a composable toy. Examples of Composability in Supply Chain Planning Platforms. Here are some real-life examples from the trenches to demonstrate what I mean by flexibility and modularity.

Supply Chain Planning Software 195

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 195

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. In our recent analysis of supply chains that are “working well” , we find higher performance when companies have source, make and deliver reporting to the supply chain organization. Inventory Turns.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Elementum

APRIL 12, 2018

However, this dynamic industry is now facing the same challenges as some traditional retailers —unsold inventory and profit losses. Inventory Woes. billion worth of unsold inventory. A prime example is Amazon, the e-commerce juggernaut that’s set to overtake Macy's as the largest apparel retailer.

Inventory Reduction 79

Inventory Reduction Retail Inventory Sourcing Strategies 79

NC State SCRC

DECEMBER 15, 2022

However, I’ve been hearing more and more stories about how the rapid over-expansion of many brands and retailers in 2021 has proven to result in all kinds of problems, specifically around additional inventory, excess capacity, and over-expansion of the workforce.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Manufacturing Procurement 52

Supply Chain Shaman

MAY 31, 2014

As I work with teams to envision the new tomorrow, I find fewer people know the basic concepts of manufacturing planning–cycle inventories, freeze duration, slush period, bottlenecks and constraints. And, the service supply chain can be redesigned to have less inventory and more uptime. Let me give you an example.

Supply Chain Planning Software 267

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply and Demand 267

Supply Chain Shaman

OCTOBER 8, 2019

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. Let’s take an example. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. The two primary buffers in the supply chain are manufacturing capacity and inventory.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

BlueYonder

NOVEMBER 14, 2022

Food, beverages (for example, beer, health drinks, and water), consumer goods, and apparel will not only be in high demand — but these products will have to be matched very accurately to the preferences of soccer fans converging on Qatar from every corner of the world. Soccer and supply chain are both team sports!!

Supply Chain Planning Software 71

Supply Chain Planning Software Modeling Agile and Lean Supply Chain Supply Chain Planning 71

Elementum

APRIL 12, 2018

However, this dynamic industry is now facing the same challenges as some traditional retailers —unsold inventory and profit losses. Inventory Woes. billion worth of unsold inventory. A prime example is Amazon, the e-commerce juggernaut that’s set to overtake Macy's as the largest apparel retailer.

Inventory Reduction 60

Inventory Reduction Retail Inventory Sourcing Strategies 60

EHS Sustainability Knowledge at Work

SEPTEMBER 13, 2018

With apparel brands, for example, up to 90% of emissions come from the value chain, and while multi-tenure landlords are making efforts to cut emissions from their offices and fleet, this is dwarfed by their oft-reported +99% Scope 3 emissions. But there are opportunities to be had by reducing supply chain-based emissions.

Inventory Reduction 56

Inventory Reduction Resource Reduction Material Savings Cost Reduction Strategies 56

Locus

DECEMBER 16, 2021

While the top apparel and accessory brands agree that product quality should get better with time, inventory priorities are always fluctuating. Only a modern and digital supply chain that is ever-evolving can manage the product quality, inventory volume, and fashion supplier relationships that the industry requires.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 52

Cognira

JUNE 1, 2021

To provide further clarity, we will be using Promotion Analytics as an example throughout each phase. . Retail Example: An apparel retailer would like to know if this year’s spring pre-season sales campaign resulted in higher sales than in previous spring promotion campaigns. A Sneak Peek into the Evolution of Analytics.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Predictive Analytics Analytics Software Analytics 52

Supply Chain Opz

JULY 1, 2014

Let''s see the example of this through the simplified version of bullwhip effect as below, When demand data is not shared, each player in the same supply chain must make some sort of speculation. In 1984, companies in the apparel business worked together to reduce overall lead-time. The result is lower cost for everyone.

Cost Reduction Strategies 271

Cost Reduction Strategies Vendor Strategies Inventory Reduction Supply Chain Strategy 271

Supply Chain Shaman

SEPTEMBER 17, 2014

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. Take General Mills and Kellogg an example. Bernstein & Co.,

Optimal Sourcing 305

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 305

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes. So, how does predictive analytics help with that?

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Supply Chain Opz

JULY 1, 2014

Let''s see the example of this through the simplified version of bullwhip effect as below, When demand data is not shared, each player in the same supply chain must make some sort of speculation. In 1984, companies in the apparel business worked together to reduce overall lead-time. The result is lower cost for everyone.

Cost Reduction Strategies 214

Cost Reduction Strategies Vendor Strategies Inventory Reduction Supply Chain Strategy 214

Talking Logistics

MARCH 23, 2015

Here are some excerpts from the press release: Twitter is like no other data source in the world. IBM found that Twitter is a valuable indicator of demand for the apparel industry and other manufacturers. For example, according to an October 2011 Wall Street Journal article , “When Virginia’s magnitude 5.8

Supply Chain Software 100

Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software Supply Chain Strategy 100

o9 Solutions

AUGUST 12, 2021

It is widely acknowledged that uncertainty resulting from the pandemic created many opportunities for grocers but reduced demand in the fashion and apparel industry. Examples of AI in retail settings can include ‘next-best-offer’ options for retail shoppers, or the use of external data to create accurate forecasts.

Modeling 52

Modeling Price Reduction Inventory Reduction Resource Reduction 52

ThroughPut

DECEMBER 8, 2023

In the context of supply chain management, prescriptive analytics leverages raw historical data and performance data to determine the best probable courses of action, supporting supply chain decisions through network design, inventory and warehouse optimization, and supplier management. Let’s look at the example of a US-based agribusiness.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

ShipBob

MARCH 2, 2023

This article discusses what it takes to create a great retail experience for your customers, plus some unique examples from renowned brands. For example, according to a SurveyMonkey report, Gen Z customers desire brand authenticity, transparency, and sustainability more so than older consumers. What is a retail experience?

Retail 52

Retail Eliminating Excel in Purchasing Purchasing Skills How To 52

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Logility

APRIL 27, 2015

For example, apparel trends, fit—active, slimming, skinny—style and color; or industry products—made with recycled material, and so on. Temporal data—sources should be developed such as consumer trends, competitive offerings, weather, local events and so on that might affect demand in that location.

Research 102

Research Supply Chain Planning Software Inventory Reduction Modeling Software 102

ShipBob

AUGUST 9, 2021

A typical ecommerce supply chain starts with sourcing raw materials to produce finished goods , which are then transported to a warehouse or fulfillment center before they end up with their end consumer. For example, when’s the last time you received a package only to find that the box it came in was 3x bigger than the item(s)?

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Sustainability Waste Reduction 52

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

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. in 2019, for example. When people ask about examples of IoT in retail, I talk about this pilot.

Internet of things 78

Internet of things Retail Real-time Visibility Optimal Sourcing 78

Enterra Insights

NOVEMBER 5, 2018

(Think department stores and specialty retailers, especially those selling apparel.) For example, at the NRF’s 2018 Shop.org conference, CVS Pharmacy President Kevin Hourican, told participants, “Retail isn’t dead. It comes down to how you manage your inventory, your channel attribution, how you think about in-store analytics.

Retail 100

Retail Supply Chain Planning Software Analytics Software Forecasting Software 100

Vinculum

APRIL 28, 2020

Food delivery networks have become the only source to generate income in this scenario. Omnichannel companies in China, such as Meituan, Ele, etc are borrowing labor following this example. Fashion Trends and Apparel. A B2B sourcing platform of Alibaba seeks to match sellers with hospitals and local governments.

Supply Chain Planning Software 52

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

Logistics Bureau

MAY 3, 2021

With all that in mind, I thought I’d share some examples of the highs and lows of online and in-store retail that enterprises have endured between late 2019 and early 2021, and highlight some of the most notable changes in the retail supply chain arena during that period. 63% suffered inventory shortages. The Dark Store Trend.

Supply Chain Planning Software 59

Supply Chain Planning Software Retail Supply Chain Strategy Inventory Reduction 59

Elementum

NOVEMBER 20, 2015

Increasingly, there is a stark contrast between successful and unsuccessful clothing brands—and it comes down to inventory changes. Penney, for example, began accelerating their shipments by cutting more than half of their production and streamlining their supply chain. Your inventory needs a makeover. Beyond the Wardrobe.

Supply Chain Design Software 60

Supply Chain Design Software Inventory Reduction Cost Reduction Strategies Price Reduction 60

MIT Supply Chain

APRIL 10, 2013

Reducing inventory is probably the most obvious strategy for liberating these financial resources, particularly for companies that maintain high stock levels. The longer pipeline and corresponding increase in uncertainty require higher inventory volumes, which eats up precious cash reserves. which sells around 40,000 SKUs.

Cost Reduction Strategies 70

Cost Reduction Strategies Purchasing Skills Inventory Reduction Vendor Strategies 70

Supply Chain Shaman

APRIL 7, 2016

It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. For example, should customer sentiment data feed into quality systems? For example, in the recession of 2007, DuPont missed the downturn in the market. I am not quite sure. It evolved over time. Into warranty systems?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Jaggaer

APRIL 14, 2020

In Italy, for example, approximately 150,000 agricultural labourers are from abroad, according to the Italian statistical office, Istat. Much of the available domestic labour, for example hotel and bar staff on furlough, simply are not used to field work. And of course, the problem is acute right across Europe.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

Intelligent Audit

JUNE 30, 2022

Inventory and Material Management Is Also Presenting New Challenges for the ? For example, the production of a good can be centered on just a few factories, where raw materials and other parts come together to make the final product that ends up on the last delivery truck heading to the retailers. Retail Value Chain.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Optimization Supply Chain Planning Software 52

RFgen

MAY 7, 2015

The risk stems from a variety of sources, from inefficiency due to outdated processes to natural disasters that, when not prepared for, can severely inhibit the flow of goods and materials. Apparel went on to explain that strikes in Belgium and Brazil have also caused delays in shipments, which put a drag on the flow of goods.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 52

RFgen

MAY 7, 2015

The risk stems from a variety of sources, from inefficiency due to outdated processes to natural disasters that, when not prepared for, can severely inhibit the flow of goods and materials. Apparel went on to explain that strikes in Belgium and Brazil have also caused delays in shipments, which put a drag on the flow of goods.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 52