Supply Chain Shaman

MAY 17, 2015

I am deep in research analysis of a couple of efforts (wrapping up our first year of supply chain planning benchmarking for ten clients, writing reports for the Supply Chain Insights newsletter and finishing some work with a couple of manufacturing clients) that are all telling me the same thing: companies are feeling supply chain pain.

Supply Chain Planning Software 150

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

The Logistics & Supply Chain Management Society

JULY 14, 2021

Disconnected algorithms won’t work, because you lose visibility, and then to compensate, you need armies of planners and inventory buffers. extra inventory. Furthermore, inventory buffering is required to meet demand and service levels, because the supply chain is not real time and can’t respond. Full actionability.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Network Software Optimization Software Network Optimization 130

Supply Chain Shaman

AUGUST 14, 2016

The focus is on channel data: price; inventory positions; and policies. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. (The Order Policy. The use of customer segmentation to determine priority in matching inventory with orders during the order cycle.

Material Savings 178

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 178

Unleashed

MARCH 6, 2024

This can reduce lead times , inventory costs, waste, and errors – and improve customer loyalty and retention. It involves the preparation of contingency plans for different situations to help you reduce uncertainty and risk and optimise inventory levels and costs. How can I assess the agility of my current supply chain?

Agile and Lean Supply Chain 52

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

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

20Cube Logistics

FEBRUARY 3, 2022

Inventory got depleted in warehouses with no shipper coming to take it away. Through providing lucrative discounts, offers and making their ware affordable, they had to resort to popular policies to navigate through the pandemic and sustain themselves.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 76

QAD

MAY 16, 2019

Benchmark supply chain operations. More emphasis on risk management and contingency plans throughout the supply chain including a cybersecurity policy. Adoption of advanced technologies ( machine learning , smart manufacturing, China 2020, digital transformation) to increase performance and efficiency.

Supply Chain Planning Software 102

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 102

AFFLINK

OCTOBER 27, 2016

Benchmark oil prices have been experiencing a downward trajectory in the last couple of years, thanks to the shale gas revolution in the United States as well as the OPEC-initiated strategy to maintain a certain production level in order to force out high-cost supplies.

Cost Reduction Strategies 48

Cost Reduction Strategies Price Reduction Inventory Reduction Vendor Strategies 48

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

GlobalTranz

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. We relay on guest bloggers and the expertise of others for manufacturing best practices.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

Logistics Bureau

NOVEMBER 16, 2020

Certified in Production and Inventory Management (CPIM) : The course covers ground such as knowledge of production and inventory management, internal operations, and customer relations. They also need to keep a check on inventory levels and identify obsolete stock. Track KPIs and benchmark the supply chain’s performance.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Precoro

FEBRUARY 26, 2024

Examples include human resources or IT departments, manufacturing plants, or project teams. An example of a machinery cost center would be a manufacturing plant without employee expenses. Manufacturing Cost Center A manufacturing cost center is a facility where expenses are incurred for producing goods.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

Unleashed

JULY 11, 2021

Sustainability certifications help consumers identify whether or not a product or manufacturer is sustainable. A benchmark baseline will establish fair and standardised testing and comparisons. Animal welfare certifications are important for food manufacturers. Sustainability certifications for manufacturers.

Sustainability 98

Sustainability Manufacturing Procurement New Zealand Waste Reduction 98

BlueYonder

NOVEMBER 5, 2021

Similarly, companies had not invested in supply chain benchmarking and true end -to-end assessment to be able to understand the Performance Impact and Time to Recover (TTR), i.e., what time it takes to get back to normal operations. Start by creating a single business plan that considers customers and the various tiers of suppliers in total.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Planning Supply Chain Disruption Modeling 63

6 River Systems

DECEMBER 11, 2018

NetSuite has launched a supply chain snapshot feature that’s a central part of any control tower that shows all of your inventory and related transactions with the ability to filter by subsidiary, location, etc. “As for your internal systems, real-time inventory management helps you manage your fulfillment warehouses.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

SCMDOJO

APRIL 26, 2023

Category management can incorporate data-based array planning, inventory control, and product pricing with the mutual objective of enhancing sales performance and operational efficacy. Organizational policy or strategy can affect category management strategy. External factors and risk uncertainties can also impact on category strategy.

Procurement Solutions 79

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 79

6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. China trade war has already put regionalization of manufacturing back on the table. Chinese manufacturers did the same as they evolved their operations during the 1990s and early 2000s.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Logistics Bureau

OCTOBER 31, 2016

On the other hand, if you’re a business leader who must try to juggle supply chain effectiveness with that of marketing, sales, or manufacture, the following sections highlight the supply chain basics that your company must get right in order to maximise revenue and profit. Inventory Management in the Warehouse. “What?”

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction Supply Chain Strategy 40

Supply Chain Game Changer

NOVEMBER 16, 2018

My first Management job was on the Manufacturing floor on 3rd shift. It was company policy … anyone’s first Management job was in Manufacturing. The principle was sound: to really understand how the business operated you needed to be at the very core of what it did, which in this case was Manufacturing.

Global 46

Global Agile and Lean Supply Chain Cost Reduction Strategies Inventory Reduction 46

GlobalTranz

OCTOBER 29, 2015

Whirlpool Corporation is the world's leading manufacturer and marketer of major home appliances, with annual sales over $19 billion, more than 80,000 employees and more than 60 manufacturing and technology research centers globally. Whirlpool has not always considered logistics a competitive advantage.

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

Supply Chain Game Changer

NOVEMBER 21, 2018

Your organization is an ecosystem of policies, practices, processes and procedures that are the result of decisions, beliefs and behaviours. Another motivator is benchmarking. Check out Inventory Turnover Breakthrough (Part 5) – From Worst to First! Inventory #Business #SupplyChain #humanresources.

Just-in-Time 44

Just-in-Time Inventory Reduction Metrics Expense Reduction 44

GlobalTranz

MAY 23, 2016

As explained by FP Marine Risks , all shippers should carefully consider the limitations and benefits of a particular insurance policy. Obviously, the paper-trail and the potential riders or exclusions to a policy can make selecting an insurance policy difficult. Customer Satisfaction.

Freight 136

Freight Shipping Cost Reduction Strategies Inventory Reduction 136

Precoro

AUGUST 31, 2023

Recall how manufacturers had to limit their on-site staff due to coronavirus safety regulations; more recently, food production in Ukraine was disrupted, which in turn affected the sales channels of Ukrainian products and everyone around the world who uses or distributes them. In situations like these, every cent matters.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

Supply Chain Collaborator

AUGUST 18, 2017

If markets decide there isn’t a likely path toward achieving the tax reform and other pro-business policies promised by the troubled administration, investors could plausibly decide to head for the exits. Reexamine network designs to identify potentials for warehouse and inventory consolidation.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Planning Scenario Planning Transportation 60