Supply Chain Game Changer

SEPTEMBER 21, 2021

Most of the pre-pandemic Inventory Management strategies were centred around improving inventory turnover, keeping inventory levels as low as possible, and reducing the amount of cash tied up in inventory. What should our post pandemic inventory priorities be? Pre Pandemic Inventory Management Priorities.

Inventory Reduction 52

Inventory Reduction Inventory Material Savings Modeling 52

Supply Chain Game Changer

NOVEMBER 2, 2022

The software allows them to track shipments, monitor inventory levels, and understand where money is being spent. Retailers have been using supply chain risk management software for years to keep track of their inventory, but the technology is now being used in new ways to help them manage risk and stay competitive. Automotive.

Supply Chain Planning Software 96

Supply Chain Planning Software Risk Management Supply Chain Software Predictive Analytics Software 96

Supply Chain Shaman

JULY 25, 2016

The source data for the analysis is public reporting of balance sheets and income statements. Check out their performance by plotting year-over-year metrics at the intersection of two ratios and look at the patterns. Figure 1: Supply Chains to Admire Methodology. The Results. Twenty-one companies meet this criterion.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. There must be a clearly defined data source with a standardized process for collecting and measuring that data. The Basics of Procurement KPIs.

Optimal Sourcing 113

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 113

Supply Chain Shaman

JUNE 15, 2018

The field of supply chain management–combining source, make and deliver–into a common process started in 1982. My caution is not so fast… 95% of companies are not making progress at the intersection of growth, operating margin, inventory turns and asset strategies. Figure 1: Supply Chain Metrics Are a Balancing Act.

Sourcing Strategies 150

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ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

QAD

MARCH 9, 2023

Automotive and industrial product companies were among the hardest hit. They can react to sudden changes in supply and demand, adjust prices and inventory levels in real time and work closely with supply partners throughout the value chain to mitigate risk. That means looking at the right metrics.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 95

QAD

AUGUST 12, 2021

We will see the continued adoption of a wide range of sustainability efforts across manufacturing verticals, from automotive to food and beverage to life sciences. In other examples, you’ll find ERP provides the necessary insights and metrics, like OEE , to enhance production execution. Sustainability Objectives for Manufacturers.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

The Logistics & Supply Chain Management Society

MAY 28, 2022

With uncertainty a guarantee in the year ahead, leaders are realising the need to adopt applications that will improve visibility into demand and inventory, as well as tools that can help them model and simulate “what if?” Risk planning and technology utilisation. Data leads to insight, which leads to action.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

Supply Chain Matters

JULY 20, 2023

After reporting record Q2-2023 production out and vehicle deliveries earlier this month , Tesla r eported all-time high automotive sales and added profitability performance in the recent quarter. Financial Headlines Total Automotive Revenues in Q2 were up 46 percent to $21.2 This was the metric that many investors were focusing on.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Expense Reduction 52

BlueYonder

APRIL 13, 2023

This has led to the nearshoring redesign of supply network and manufacturers trying to figure out, “Where do I need to put my inventory” and “How do I think about sourcing of material and goods so that I can fulfill to my customers?” Terence: So, it’s about improving these metrics and business performance simultaneously.

Manufacturing Procurement 72

Manufacturing Procurement Inventory Reduction Optimal Sourcing Cost Reduction Strategies 72

Supply Chain Insights

JULY 26, 2016

The source data for the analysis is public reporting of balance sheets and income statements. Check out their performance by plotting year-over-year metrics at the intersection of two ratios and look at the patterns. Supply Chains to Admire Methodology. The Results. Twenty-one companies meet this criterion.

Pharmaceutical 110

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 110

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. New Study Shows a Rise in US Company Inventories. Source: Commerce Dept. Source: SupplyChainDigest.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

3PL Insights

MAY 3, 2021

“Our customers identified a need for a data insight tool that shows trends in their inventory and transactions,” Evans says. Evans365 accesses and analyzes data sets from Evans’ warehouse management system and other data sources and presents findings graphically. This is only the beginning.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Tools Distribution 52

o9 Solutions

NOVEMBER 21, 2022

Co-founded by o9 and Supply Chain Insights, Project Zebra is an open-source industry effort to define and activate outside-in processes to prove the value of outside-in supply chain planning processes. The goal is to help leaders understand supply chain trends, evolving technologies, and which metrics matter. About LKQ Europe.

Supply Chain Planning Software 52

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Supply Chain Shaman

JANUARY 2, 2023

With the evolution of NoSQL–Graph and Cognitive Ontological learning–models can now manage multiple data sources as inputs while driving a forecast to multiple roles simultaneously in role-based views. Forecasts are used to manage inventory and align the organization to manage constraints. Traditional Models.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

BlueYonder

APRIL 24, 2023

One of the greatest benefits of today’s advanced digital solutions is their ability to ingest enormous volumes of data from across the supply chain — as well as from external sources — and apply those insights to course-correct the entire network as conditions change. The end result?

Optimal Sourcing 71

Optimal Sourcing Modeling Optimization Software Supply Chain Optimization 71

IQMS

JULY 2, 2018

72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient. 72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient.

Manufacturing Procurement 71

Manufacturing Procurement Optimal Sourcing Manufacturing Inventory Reduction 71

QAD

NOVEMBER 18, 2021

For example, in some areas where we have a single-source supplier, we’ve had to increase collaboration with that partner and better understand their risk mitigation strategies. In other areas, we’ve had to establish dual-sourcing strategies in order to reduce dependency on a single geographical location.”.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Network Software Resource Reduction Analytics Software 97

Supply Chain Shaman

DECEMBER 17, 2018

The Company also has franchised aftermarket services in automotive repair shops, retail outlets, and everything in between. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. Impact of Demand Sensing on Inventory Levels. The reason? Planting the Seeds.

Demand Planning Software 245

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 245

Kinaxis

FEBRUARY 8, 2017

As defined by the source of all knowledge, Wikipedia, “glocalization is the adaptation of globally marketed products and services to local markets.” And optimizing inventory. What really jumped out for me during his session was this idea of glocalization. Restaurant mega chain McDonald’s is an example easily identified by most.

Supply Chain Planning Software 100

Supply Chain Planning Software Modeling Supply Chain Planning Supply Chain Optimization 100

Supply Chain Movement

OCTOBER 31, 2016

Most companies are moving backward on the Supply Chain Matrix That Matter (growth, operating marging, inventory turns and Return on Invested Capital). The source data for the analysis is public reporting of balance sheet and income statements. That shows The Supply Chains to Admire 2016 analysis of Supply Chain Insights.

Pharmaceutical 60

Pharmaceutical Supply Chain Planning Supply Chain Strategy Supply Chain Design 60

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. The DuPont supply chain supplied products and services into the housing and automotive supply chains. In a similar vein, their forecasts for the automotive market would have been on new automotive sales and dealer inventory.

Supply Chain Design Software 150

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

Elementum

MAY 1, 2018

Potential Sources of Disruption. Identifying sources of risk and developing a plan are only part of the story. Establish appropriate metrics that correspond with the steps outlined in your contingency plan. What alternative plants/factories/sources of supply do they have at their disposal? Cyberattack and data breach.

Pharmaceutical 94

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 94

NC State SCRC

OCTOBER 26, 2021

The shortages in PVC and other materials are even shutting down automotive production lines, as well as other manufacturers that I’ve been speaking with. Gulf Coast export PVC prices were assessed at $1,900 a metric tonne for the week of Sept. However, worse was to come. 10, up 28% since the beginning of the year.

Supply Chain Disruption 52

Supply Chain Disruption Supply Chain Planning Supply Chain Texas 52

Elementum

MAY 1, 2018

Potential Sources of Disruption. Identifying sources of risk and developing a plan are only part of the story. Establish appropriate metrics that correspond with the steps outlined in your contingency plan. What alternative plants/factories/sources of supply do they have at their disposal? Cyberattack and data breach.

Pharmaceutical 60

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 60

OptiProERP

OCTOBER 23, 2019

ERP solutions deliver a single source of real-time intelligence that is fully integrated across the enterprise for better decision making and forecasting. Real-time data gives users insights into purchasing, production, inventory movement, and warehouse management. Automate the back office. Report with confidence. Advanced analytics.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Analytics Software 40

Unleashed

NOVEMBER 15, 2021

Mass customisation is also known as: Made-to-order Built-to-order Increasingly popular in the retail goods sector – but also used in the automotive, software and finance sectors – mass customisation allows customers to purchase a product that is more ‘them’. You must be able to forecast demand as accurately as possible.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Forecasting Software 98

Supply Chain Shaman

NOVEMBER 29, 2015

Hadoop is an open-source software framework written in Java for distributed storage and processing of large data sets on computer clusters. In contrast, it took the average chemical company or automotive supplier five-to-eight months. Inventories are high, and we have excessive ocean capacity. The data is not moved. (In

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

Aera Technology

JANUARY 9, 2019

to connect back-end supply chain sourcing, production and distribution processes with external-facing sales, marketing and customer management ultimately suffering from low S&OP maturity levels. That’s exactly what’s been happening with S&OP programs at large global companies in CPG, industrial, pharmaceutical and other industries.

S&OP 40

S&OP Supply Chain Planning Software Supply Chain Software Optimal Sourcing 40

Supply Chain Shaman

AUGUST 26, 2015

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). ” They questioned, “ How long will this recession last?

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

6 River Systems

JUNE 10, 2019

Cut inventory costs Be it a brick and mortar store or an online business, inventory is always present and it costs money. To avoid skyrocketing inventory expenditure, you need to keep accurate inventory count. To avoid skyrocketing inventory expenditure, you need to keep accurate inventory count.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

Supply Chain Shaman

OCTOBER 8, 2017

Surprising demand in automotive for car replacement. If we look back at history, 70% of companies implemented Vendor Managed Inventory (VMI), however two-decades later only 1% of companies use VMI processes to drive a better demand signal. Inventory strategies and processes to absorb the error. What are they seeing?

Supply and Demand 156

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 156

Material Handling & Logistics

JUNE 25, 2018

So the CSR score too is more of a popularity contest than a consistent metric. One thing to keep in mind about who qualifies for consideration is that only big public companies are included in the rankings, and by “big” we mean they need to have sales of $12 billion or more. Media Image. transactionID. 1a56a7e8-24e3-47af-b890-46fa1a7073fd.

Gartner 81

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 81

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. The answer is that they use the multi-echelon inventory model to solve the problem.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

o9 Solutions

DECEMBER 3, 2021

The chemical’s industry is no different, as its value chain—from raw material sourcing and shipping to production—has been impacted by disruptions and ripple effects due to the COVID pandemic. The biggest customer application area for us is automotive… but another major application area for us is also pharma.

Chemicals 52

Chemicals Modeling Supply Chain Planning Software Scenario Planning 52