Arkieva

MAY 10, 2016

A next logical question is if we can somehow capture this from publicly available financial data and benchmark companies on this strategic level. Inventory turns are available. His business model is driven by innovation. When benchmarking SG&A it is crucial to verify whether that includes or excludes the R&D costs.

Benchmarking 60

Benchmarking Expense Reduction Inventory Reduction Cost Reduction Strategies 60

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions. Tracking Progress.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Movement

JANUARY 7, 2013

Given the volatility and rapid pace of promotional activities and product innovation, the gradual increase in forecast error since 2009 comes as no surprise. Terra’s Forecasting Benchmark Study is a pretty comprehensive survey. Innovation in CPG is impressive, with new products accounting for one third of all items in 2011.

Forecasting 68

Forecasting Benchmarking Forecasting Software Study 68

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

ToolsGroup

MARCH 17, 2021

“Starting from pre-implementation we align on target key performance indicator (KPI) levels and benchmark progress to accelerate time to value. Because our customers around the globe can meet or exceed their service level requirements while minimizing inventory, they’re ready for whatever tomorrow brings.” About ToolsGroup.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

ThroughPut

JANUARY 28, 2019

Through the targeted use of Artificial Intelligence (AI), Machine Learning and other technologies, leading global innovators are constantly trying to enhance the effectiveness of their inventory management. What one can’t ignore, however, is all the external factors that also directly, and indirectly, affect inventory processes.

Optimal Sourcing 94

Optimal Sourcing Optimization Software Supply Chain Software Supply Chain Planning Software 94

Supply Chain Shaman

SEPTEMBER 1, 2019

The analysis is designed to provide Industry benchmarks by peer group and to celebrate the success of 23 companies out of 28 peer groups. As can be seen in the analysis, 80% of the industries studied for the report went backward on key performance measurements like cost and inventory management over the last decade. The reason?

Supply Chain Software 230

Supply Chain Software Supply Chain Design Software Analytics Software Buyer Training 230

Logility

JANUARY 14, 2021

Benchmark Based on Global Survey Highlights Logility’s Leadership in Ease of Use and Driving Rapid Benefits. Our relentless passion to deliver the highest level of customer service and to ensure our customers around the world can rely on the supply chain innovations we bring to the market is paramount.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimization Software Analytics Software Demand Planning Software 130

AFFLINK

FEBRUARY 28, 2017

Innovation is at the heart of many kinds of success. For supply chain management, innovation means making a business more efficient by improving the way inventory and logistics are handled. There are currently supply chain management tools for supply chain professionals looking to improve the function of their business.

Supply Chain Software 48

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Innovation 48

Supply Chain Shaman

JUNE 21, 2023

” The industry is in a groupthink, largely missing the opportunities for breakthrough innovation. We find that the companies with the most marked improvement in a balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) are smaller and less well-known. My bet is on the emerging tech.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

Supply Chain Insights

JULY 23, 2017

Benchmarking. The first step to building a guiding a coalition is benchmarking. We are offering three types of benchmarking: planning, financial and organizational. Understand inventory write-offs, impact of forecast processes and technology satisfaction in the planning benchmarking. Here we share some insights.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 0

Unleashed

MARCH 6, 2024

Three reasons why it’s important to improve supply chain agility: Remain adaptable to market changes: Responding quickly and effectively to changes in customer preferences, demand patterns, and product innovations helps you to capture new opportunities and gain a competitive edge.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Orbit Chart for L’Oréal at the Intersection of Inventory Turns and Operating Margin. Growing Pains.

Case Study 254

Case Study Inventory Reduction Agile and Lean Supply Chain Study 254

Supply Chain Matters

JUNE 28, 2022

Supply Chain Matters has often highlighted Inditex’s ongoing business performance not only in supply chain innovation but also in overcoming industry challenges in good times and not so good. That was counter to Inditex’s prior stance to operate a very lean inventory levels. Latest Accomplishments. Business Outlook. Bob Ferrari.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Morocco Spain Apparel 52

Supply Chain Game Changer

OCTOBER 29, 2020

Use of Freight Rate Benchmarking. In the age of digital innovation and resources, it is important that your freight sourcing team reduces dependence on manual data, inputs, and techniques to analyze freight movements. Freight rate benchmarking and market intelligence will greatly assist you irrespective of the size of your business.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

Supply Chain Shaman

AUGUST 7, 2019

In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. In the period of 2010-2018, within the chemical industry, margins fluctuated, largely driven by the price of crude, but inventory turns plummeted.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

Precoro

DECEMBER 11, 2023

Company priorities extend far beyond just the purchasing price, so strategic sourcing also considers the following factors: Delivery price Delivery speed Quality and durability Servicing requirements Regulatory compliance Innovation These factors should be weighed against each other, as well as against the purchasing price.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Freightos

FEBRUARY 28, 2022

While this may have been innovative in the 70s, futures are now a central part of how multinationals plan to minimize the risk of price volatility. We had long-term plans to introduce the same innovation in the financial markets as Ray Dalio brought to Chicken McNuggets. And we all benefit (with apologies to vegetarians, of course0.

Negotiating Skills 177

Negotiating Skills Shipping Price Reduction Supply Chain Planning 177

Intelligent Audit

APRIL 27, 2021

Prioritize Better Inventory Replenishment. Innovations have forever changed the face of the global supply chain, beginning with the very way inventory is managed and controlled. Those who can grow and adapt have adjusted to changes in production trends, inventory management, and logistics.

Supply Chain Software 52

Supply Chain Software Negotiating Skills Supply Chain Planning Software Supply Chain Optimization 52

Unleashed

JANUARY 29, 2024

Stock-keeping-unit (SKU) rationalisation is an inventory management method for improving the performance and profitability of your business. As a business strategy, SKU rationalisation helps you to reduce business costs, improve inventory management, increase operational efficiency, and enhance your brand image.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Unleashed

JULY 25, 2021

Improving food inventory control. The simplest approach to reducing food waste is to optimise inventory control. Effective inventory control can prevent food waste by helping limit the volume of surplus food generated, reduce overstocking, and improve overall food waste management. On-selling food waste as animal feed.

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

Logistics Viewpoints

MAY 11, 2021

They are paying attention to whether you were agile and innovative in the current crisis or if you were lost. For exactly this reason, when biopharmaceutical company Ipsen did a skills inventory of their supply chain talent , they carefully benchmarked needs against a more digital point five years ahead.

Supply Chain Planning Software 261

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Analytics Software 261

Enterra Insights

JUNE 22, 2023

One innovative technique shaking up the data science space is causal AI. Inventory management, in particular the prevalent challenge of stockouts for sustained periods, has made intelligent prediction more important than ever in enabling our vastly complex supply chains to operate in real time and deliver on customers’ needs.

Supply Chain Performance 130

Supply Chain Performance Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 130

Logility

NOVEMBER 9, 2021

Shipments without origin documents are being turned away from ports, creating expensive disruptions and inventory that doesn’t reach its destination, affecting the overall supply chain and your business health. A social audit is an assessment of how well the company is achieving its goals or benchmarks for social responsibility.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 130

RFgen

APRIL 28, 2023

This analysis allows you to observe critical areas within your operation, including inventory, order management, material handling, and various components of warehouse management. The integration of warehouse technology allows organizations to collect data points across the warehouse and improve inventory and other processes.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Waste Reduction Expense Reduction 52

PINC

AUGUST 3, 2020

With expectations of higher on-shelf availability and lower inventory costs, the pressure on delivery performance has intensified—as has the need for manufacturers, retailers, and carriers to work together to create efficient, reliable, and responsive supply chains. Streamline data complexity. appeared first on PINC.

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

Supply Chain Movement

SEPTEMBER 5, 2016

With benchmark business case presentations and opportunities to network with experts, software publishers and hardware suppliers, Supply Chain Event – a trade show, conference program, and business forum rolled into one – is a chance to drive digital transformation projects forward. In today’s era of logistics 4.0,

Supply Chain Software 60

Supply Chain Software Optimal Sourcing Supply Chain Optimization Supply Chain 60

BlueYonder

JANUARY 17, 2023

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. With a 4-to-6-hour interview process and with data, we are able to benchmark the company using a self-reported maturity assessment, interviews, data, and peer analysis.

Consumer Goods 70

Consumer Goods Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 70

BlueYonder

MARCH 16, 2021

Calling all Innovators! ET: Choose from: Not Your Mom’s Jeans: A New Vision for Merchandising Assortment Plan Better, Sell More: How to Maximize Inventory Availability. Blue Yonder ICON 2021 is right around the corner! Special thanks to our 2021 ICON sponsors: Accenture, Microsoft and Panasonic.

Supply Chain Design Software 79

Supply Chain Design Software Modeling Supply Chain Planning Software Price Reduction 79

Logility

OCTOBER 22, 2019

Maturity curves have become a popular way to visually benchmark your company’s state of development in a particular business capability. SOI – System of Innovation. Over the last 45 years, demand planning solutions have become more powerful, easier to use and more affordable allowing any size business to gain value through their use.

Optimal Sourcing 105

Optimal Sourcing Modeling Supply and Demand Optimization Software 105

Supply Chain Network

OCTOBER 27, 2017

The research indicates that not only does internal collaboration create financial worth; benchmark companies are leveraging collaboration outside their organizations to create competitive advantages. The study provides multiple checklists for collaboration opportunities and maturity assessment tools.

Optimal Sourcing 101

Optimal Sourcing Supply Chain Planning Software Gartner Supply Chain Optimization 101

Supply Chain Shaman

APRIL 6, 2015

I am busy finalizing a report on the current state of the inventory optimization market, rewriting and updating a report on Sales and Operations technologies, and penning a new report on Supply Chain Centers of Excellence. (We We are also finishing up quantitative studies on inventory optimization and Sales and Operations Planning.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Planning 150

Oracle SCM

JULY 12, 2017

Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. They prioritized projects that reduced inventory and logistics expenses. Innovation is crucial for being one step ahead of the competition. FREE EBOOK. FREE EBOOK.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

ThroughPut

FEBRUARY 2, 2024

Static vs. Dynamic Inventory Management Without Advanced Supply Chain Analytics: Inventory management might be based on static rules or historical sales data, potentially leading to overstocking or stockouts. A company might order the same quantity of a product each month, not accounting for seasonal demand variations.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Arkieva

APRIL 21, 2016

We have looked at the EBIT per inventory $ or per working capital $ to define a best-practice frontier. That frontier can then be used for setting balanced targets on EBIT% versus Inventory Turns or EBIT% versus CCC. or a more focused improvement on EBIT% for the current Inventory Turns (or CCC). Product Leader.

Inventory Reduction 60

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 60

QAD

NOVEMBER 14, 2023

Ensuring adequate inventory while maintaining quality standards is now a pivotal concern for suppliers. Such decisions have set benchmarks that workers in other parts of the automotive ecosystem, especially within major automotive suppliers, are bound to take note of. What’s Next for the UAW?

Automotive 95

Automotive Negotiate Pricing Negotiating Skills Ohio 95

Supply Chain Shaman

JULY 24, 2014

Most of the work on SAP APO is currently focused on sales-driven initiatives or maintenance work, and as a result the company has struggled to bring supply chain innovation to market. SAP SNC has been disappointing, as has their work on inventory optimization and demand sensing.

Supply Chain Planning Software 241

Supply Chain Planning Software Supply Chain Design Software Network Design Software Supply Chain Network Software 241