ToolsGroup

OCTOBER 3, 2022

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” Applications for white-collar jobs have reached a “ breaking point ,” falling 35% between May and June of 2022.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

DynaSys

FEBRUARY 3, 2021

Pinpoint the biggest profit-makers in your planning system and then commit to only offering the most predictable and reliable products until the disruption has passed. Income and consumer confidence data, unemployment rates by region and by sector, and sales in benchmark industries like hotels and air travel are worth considering.

Modeling 97

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 97

Oracle SCM

JULY 12, 2017

As if the largest economic crisis since the Great Depression wasn’t enough of a challenge to the supply chain industry, the introduction of the smartphone and advanced analytics into the marketplace disrupted the industry further by providing an exponentially growing consumer base and easy access to goods and information.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Precoro

MAY 19, 2023

By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time. Inventory is one of the most important assets of any company, as it’s the basis for generating revenue. The relation is expressed as a ratio of average inventory divided by the net sales over a period of time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

ThroughPut

AUGUST 12, 2021

The industry faces losses worth billions due to excess inventory, heavy discounting, and unavailability of stock. Higher profitability and revenue predictability. S&OP helps to align demand with supply and avoid metrics of losses that are presented through insufficient supplies or excessive inventories.

Supply Chain Planning Software 52

Supply Chain Planning Software S&OP Inventory Reduction Scenario Planning 52

GlobalTranz

JANUARY 10, 2017

Consequently, all processes, including inventory management, logistics, data analytics and ongoing performance management, as reiterated by the staff of Supply Chain 24/7, improvement, can be optimized, creating a more efficient, direct and intelligent supply chain network. billion by 2018 to grow these relationships.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

Shipsy

MAY 28, 2021

The outbreak has also made it clear that digitization of the last-mile processes and the overall logistics and transportation system will be the key to shape the future of e-commerce, manufacturing, food & grocery, courier & express delivery, and other industries. Cost reduction using analytics and forecasting.

Modeling Software 52

Modeling Software Trends Analytics Software Supply Chain Design Software 52

BlueYonder

MAY 16, 2018

During the conference, 90 executives from the manufacturing, retail and logistics industries attended the Executive Exchange, sponsored by KPMG LLP (KPMG). Retailers view cognitive/predictive analytics as the most disruptive innovative technology, followed closely by Internet of Things and connected devices.

Supply Chain Planning Software 40

Supply Chain Planning Software Survey Supply Chain Software Agile and Lean Supply Chain 40

BlueYonder

MAY 16, 2018

During the conference, 90 executives from the manufacturing, retail and logistics industries attended the Executive Exchange, sponsored by KPMG LLP (KPMG). Retailers view cognitive/predictive analytics as the most disruptive innovative technology, followed closely by Internet of Things and connected devices.

Supply Chain Planning Software 40

Supply Chain Planning Software Survey Supply Chain Software Agile and Lean Supply Chain 40

Freightos

JULY 11, 2023

Though not everyone is convinced , these projections predict a return to pretty typical seasonality and growth relative to pre-pandemic. Combined with still-elevated inventories for many retailers, these estimates also imply expectations for resilient consumer spending through the holiday season. Europe prices at $3.12/kg

Negotiating Skills 156

Negotiating Skills Asia Europe Canada 156

AFFLINK

FEBRUARY 28, 2017

For supply chain management, innovation means making a business more efficient by improving the way inventory and logistics are handled. Use Predictive Analytics and Machine-Learning. This problem-solving is the function of advanced analytics and machine learning technologies, both essential supply chain management tools.

Supply Chain Software 48

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

Requis

OCTOBER 30, 2020

Supply chain and logistics consultant, educator, and podcast host Rob O’Byrne has over 40 years of supply chain experience. He has been helping companies design more profitable supply chains for over 25 years, most of them as founder and CEO of Logistics Bureau. It’s embarrassing to say, but I’ve been in logistics since 1975.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

ShipBob

APRIL 15, 2024

That means you must see a sufficient return on your inventory investment. In other words, you need to make more money selling your inventory than you spent to acquire, store, and fulfill orders with it. In this post, we’ll cover what GMROI is and why it’s important for your retail inventory management.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

ThroughPut

JUNE 24, 2022

At the same time, global spending on IIoT Platforms is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. Gaining Supply Chain Momentum with Artificial Intelligenc e(AI) in Supply Chains & Logistics. ACCURATE INVENTORY MANAGEMENT. WAREHOUSE EFFICIENCY.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

Logistics Viewpoints

MARCH 4, 2021

It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Fourth Step: Benchmark KPIs to understand limitations and discover opportunities.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 261

Logility

DECEMBER 15, 2023

With the combination of advanced inventory management, modern demand planning, and a finely sales and operations process, F&B businesses can navigate fluctuating customer demands, stringent regulations, and a steady flow of new product launches. The time is ripe to move forward with supply chain transformation.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

Logility

SEPTEMBER 16, 2022

Why do we build logistics models? And by debilitating, I mean an enormous analytical time sink — think months. I am often asking clients whether they wish to: A) Model the precise general ledger costs for logistics? If I am making a good model, am I not accurately modeling my future logistics spend?

Modeling 130

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 130

Logistics Viewpoints

JANUARY 23, 2024

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.” Blue Yonder also acquired Doddle to close the loop on reverse logistics. The single data cloud runs on Snowflake, one of Blue Yonder’s partners.

Supply Chain Planning Software 209

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

NC State SCRC

MARCH 9, 2016

As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka. They combined related functions such as purchasing, inventory control, receiving, and stores under the authority of one individual.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Management of Ocean Transit Time Reliability and Visibility by LSCMS Shippers’ Council How would Logistics managers explain to their COO and Production group that inbound material will arrive on 23Dec but with 50% probability? but when demand slowed, the pressure to reduce inventory becomes a lot higher.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

Logility

JANUARY 10, 2023

The technology enables organizations to modernize their operations with five essential capabilities, leveraging a combination of artificial intelligence, machine learning, process automation, and predictive and prescriptive analytics.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 130

Global Trade Management

NOVEMBER 9, 2016

Written by: Stefan Reidy End-to-end supply chain visibility empowers supply chain and logistics managers to make educated decisions. The traditional supply chain visibility concept is milestone-based, resulting in logistics blind spots for the shippers. In-transit visibility creates vast opportunities for supply chain optimization.

Real-time Visibility 40

Real-time Visibility Supply Chain Visibility Supply Chain Software Supply Chain Optimization 40

Logistics Viewpoints

FEBRUARY 28, 2022

A better forecast leads to carrying less inventory while maintaining or even improving service levels. The improvement in forecasting contributed to an increase in service levels by 10% while reducing inventory investment by 20%. So, a plan can be produced that predicts the emissions. But that was pre-COVID.

Optimal Sourcing 282

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

SupplyOn

FEBRUARY 14, 2019

Companies in the automotive and logistics industries have begun implementing these approaches with the technological options available today. The successful digitization of industry-specific procurement strategies is making massive progress and continues to serve as a role model and benchmark for other industries. We can’t wait.

Automotive 8

Automotive Logistics Network Optimization Software Industrial Industry 8

The Logistics of Logistics

APRIL 30, 2018

For an industry that is forever on the move, the world of logistics is in a perennial state of change, facing numerous challenges and vague demands. For a logistics player, this is a do-or-die moment. By just registering into a logistics network through an app, ANYONE can become a valid, authentic transporter.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 100

RFgen

FEBRUARY 29, 2024

Meanwhile, incorporating automation, digital monitoring, and data analytics assist in optimizing production. Harnesses Data for Decision-Making Pfizer uses sophisticated data analytics to streamline its operations and enhance decision-making processes. This is how Pfizer predicts potential shortages before they happen.

Supply Chain Planning Software 52

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

Resilinc

MARCH 7, 2023

The US has seen extreme storms from coast to coast (yes, even in typically sunny California ), proving that you can’t predict the weather. While you can’t predict the weather, that doesn’t mean you can’t buy a snow shovel or a raincoat to prepare for it and mitigate the impact. Do you have a logistics backup plan?

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Puerto Rico 62

6 River Systems

DECEMBER 11, 2018

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Seeing this, we decided that it would be helpful to compile a curated list of 50 of the best tips on logistics planning and strategy that we could find.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

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. The metrics cover inventory, warehouse operations, financial, and labor-related measures. Trend One: Labor Metrics Dominate .

DC 11

DC Survey Supply Chain Planning Software Analytics Software 11

Supply Chain Management and Analytics

MARCH 5, 2021

It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Fourth Step: Benchmark KPIs to understand limitations and discover opportunities.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 52

ToolsGroup

DECEMBER 17, 2020

Not all disruptions are as cataclysmic as Japan’s 2011 tsunami or COVID-19, but smaller logistic and control disruptions/disconnections are happening continuously in most supply chains. They have less dramatic operational consequences, but expose the problem just the same. . In the past such a delivery had a service time of days. .

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 275

Enterra Insights

JUNE 17, 2020

.”[5] Hayes suggests SCM involves five different areas: The plan or strategy; the source (of raw materials or services); manufacturing (focused on productivity and efficiency); delivery and logistics; and, the return system (for defective or unwanted products). Technologies like blockchain, data analytics, cloud computing, etc.

Supply Chain Planning Software 130

Supply Chain Planning Software Sourcing Strategies Supply Chain Software Supply Chain Strategy 130

HICX Solutions

DECEMBER 11, 2023

This is further enhanced by advanced analytics capabilities that unlock insights into key questions across the organization. This can include predictive analytics for forecasting demand or being able to identify supply chain disruptions before they occur and take action to minimize the disruption or even avoid it entirely.

Supply Chain Planning Software 52

Supply Chain Planning Software Waste Reduction Cost Reduction Strategies Supply Chain Design Software 52

Talking Logistics

JUNE 18, 2015

An all-in-one design engine with multiple integrated solvers can perform network, product flow, cost-to-serve, inventory, production and transportation optimization as well as greenfield and demand analysis in a single user interface and data model. Integrated simulation enables businesses to predict future supply chain performance.

Supply Chain Design Software 100

Supply Chain Design Software Modeling Software Modeling Supply Chain Design 100

SCMDOJO

MARCH 19, 2024

These tools can help research competitors’ SEO and content strategies to benchmark performance. For instance, Cerasis is a third-party logistics company relying heavily on content marketing to raise awareness about its logistics services. This can uncover gaps to fill or best practices to implement to outperform rivals.

Supply Chain Visibility 77

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 77

Saleswarp

JUNE 12, 2022

Add to that, managing and keeping track of inventory spread across all these various channels can be a logistical headache. In short, an OMS controls sales, inventory, and fulfillment processes altogether and that’s why it’s vital for merchants. The truth will set you free….

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Inventory Management Software Optimal Sourcing 52

Intelligent Audit

NOVEMBER 5, 2021

Why Logistics Business Intelligence Is Key to Rooting Out Hidden Costs. ” When the market is stable and there is minimal volatility to worry about, shipping GRIs would only take place at scheduled intervals to deal with predictable cost increases and added fees related to cost of living similar increases.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52