Supply Chain Shaman

JUNE 21, 2023

Almost two decades of reporting. One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers. For example, Monster Beverages beats Coca-Cola and PepsiCo, while Celanese outperforms Dow Chemical.

Gartner 369

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 369

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. In times of uncertainty, cash is king.

Optimal Sourcing 239

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 239

Unleashed

OCTOBER 6, 2021

Consider Vendor Managed Inventory One way to save costs in inventory is to shift the responsibility of its management to your suppliers using a VMI system. Under a VMI system the supplier, usually a manufacturer, is responsible for optimising the level of inventory held by the distributor.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

QAD

NOVEMBER 10, 2022

It has most definitely impacted how people buy products of all types and in all industries. For example, manufacturers have had to alter business models to be able to accommodate the change in consumer behavior. However, at the same time, the technology of better data management is most definitely helping manufacturers as well.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

o9 Solutions

JANUARY 12, 2022

a leading enterprise AI software platform provider for transforming planning and decision-making, today reported a 400%+ increase in year-over-year growth in annual recurring revenue (ARR) from new customers during Q4’21. o9 is recognized by the World Economic Forum’s 2021 New Champions Awards for Excellence in Innovation. DALLAS, Jan.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Forecasting Software Procurement Analytics 52

Enterra Insights

APRIL 13, 2022

Brand loyalty was tossed out the window as desperate consumers made product availability and price their motivating purchase factors. John Williamson, an Account Leader at ddm marketing + communications, suggests consumer packaged goods manufacturers should start this effort by looking at their brand strategy.[1] Enhancing CPG Brands.

Price Reduction 130

Price Reduction Waste Reduction Cost Reduction Strategies Purchasing Skills 130

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Procurement is a business function that has undergone a lot of change in the last few years. Subscribe Here! Email Address. She chose the hybrid route.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

o9 Solutions

MAY 26, 2021

For CPG manufacturers changing volumes from modern trade (hyper/supermarkets) to e.g. discounters, e-Commerce. CPG manufacturers are scrambling to strengthen the connect with consumers and in some cases to bypass retailers altogether. as well as external drivers (weather, interest rates, new housing starts….),

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

For CPG manufacturers changing volumes from modern trade (hyper/supermarkets) to e.g. discounters, e-Commerce. CPG manufacturers are scrambling to strengthen the connect with consumers and in some cases to bypass retailers altogether. as well as external drivers (weather, interest rates, new housing starts….),

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. Excellence in all these areas requires predicting demand, buying supplies, producing products promptly, and swiftly responding to market demand.

Optimal Sourcing 175

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

ThroughPut

APRIL 13, 2021

Industries like food, beverage, and other related processing face some unique production issues. With these challenges limiting productivity, revenue becomes a challenge for Food & Beverage businesses. Let us understand capacity planning in the context of the Food & Beverage industry. Types of capacity planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Capacity Food 52

ThroughPut

APRIL 13, 2021

Industries like food, beverage, and other related processing face some unique production issues. With these challenges limiting productivity, revenue becomes a challenge for Food & Beverage businesses. Let us understand capacity planning in the context of the Food & Beverage industry. Types of capacity planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Capacity Food 52

Logility

MARCH 30, 2020

For the first time in history, shelves of stores across the globe that sell food, beverage and other fast-moving consumer goods (including toilet paper, hand sanitizer and cleaning products) are nearly empty. Looking back a few months, no one could have predicted the current state of the global supply chain.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Disruption 130

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Unleashed

MAY 19, 2020

Leveraging the best manufacturing Enterprise Resource Planning (ERP) software, maximising productive efficiency, and accessing management expertise early , are the strategies that will set the best apart. Don’t purchase any supply chain solution that is not Cloud or SaaS based. Be careful where you get your advice from.

Supply Chain Planning Software 98

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

Supply Chain Shaman

MARCH 15, 2016

Sadly, I find each to have a limited view of supply chain analytics. The majority of manufacturing and retail companies want better performing supply chains. The processes are largely batch, using data with great latency (orders and purchase orders). A Critical Review of the Contract Manufacturing Model.

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

RFgen

MARCH 12, 2024

How to Track Your Inventory Anytime, All the Time GET THE GUIDE » The Financial Transparency of FIFO Since FIFO aligns inventory operations with financial reporting, inventory valuation transparency increases. This is because the newer inventory is purchased at a higher inflationary value. Automation software can simplify the process.

Inventory Management Software 81

Inventory Management Software Inventory Reduction Inventory Management Material Savings 81

Supply Chain Movement

NOVEMBER 24, 2015

16 | Profile Ivanka Janssen, Director Global Sales Operational Excellence, Diageo. Two years ago Diageo, the global leader in beverage alcohol with iconic brands including Johnnie Walker, Smirnoff and Guinness, embarked on a Route to Consumer programme. The aim is to grow in an even more sustainable and profitable way.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 60

Unleashed

FEBRUARY 4, 2024

7 basic steps in retail inventory management The 7 basic steps in retail inventory management are: Planning Ordering Receiving Storing Selling Reporting Replenishment Let’s break these down. Plan Retail inventory management begins with planning the type and variety of products to buy (and their respective quantities).

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 52

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics. Artificial Intelligence AND Machine Learning.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

DELMIA Quintiq

NOVEMBER 11, 2020

Shifts in food manufacturing often mirror consumer trends, but they typically reflect technological advancements, too. However, if they do, the benefits could reach consumers and manufacturers alike. People purchasing the items can feel more confident about food freshness and not worry about checking date stamps. from 2021-2027.

Manufacturing Procurement 334

Manufacturing Procurement Food Manufacturing Eliminating Excel in Purchasing 334

BlueYonder

NOVEMBER 20, 2023

Blue Yonder was named a Leader in this inaugural report and the leader in the Better Functionality quadrant based on an evaluation of our Blue Yonder Warehouse Management solution. Blue Yonder’s WMS , a SaaS solution, empowers businesses to deliver consistently high service at a value-driven cost.

Supply Chain Planning Software 116

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Analytics Software 116

Unleashed

NOVEMBER 26, 2020

How to calculate Safety Stock levels in Excel. You can calculate safety stock levels in Excel by setting up your spreadsheet as per the image below. The safety stock formula can be calculated in Excel with a simple table. Safety stock levels for manufacturers. 2 is the number of the row for that SKU.

Examples 98

Examples Manufacturing Procurement How To Eliminating Excel in Purchasing 98

RFgen

AUGUST 7, 2022

All told, less than 50% of food and beverage companies are fully compliant with current traceability regulations—including the Bioterrorism Act and FSMA. In surveys by the Grocery Manufacturers Association (GMA), 58% of respondents’ companies had been affected by a product recall in the last five years. Based on published reports.

Food 52

Food Supply Chain Design Software Supply Chain Software Manufacturing Procurement 52

RFgen

JUNE 8, 2023

After all, if products are not properly traced, accounted for, and utilized, there are far-reaching effects across the product life cycle, from procurement to delivery. Proper inventory management involves a holistic view of all products with the goal of ensuring a smooth supply chain operation and minimizing costs. That’s a problem.

Inventory Management Software 57

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 57

Supply Chain Shaman

JUNE 6, 2015

He discussed the adoption of the steam engine and the electric motor in the manufacturing sector. Today, we take these technologies for granted, but the electric motor was the genesis of the horizontal manufacturing plant. Last night, I spoke at a conference on the use of advanced analytic techniques and the future of planning.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

QAD

OCTOBER 7, 2021

Lara has many years of experience in not just the wine industry, but global supply chains, including the food and beverage supply chain and logistics. Lara and I discussed a number of issues that are impacting the Food & Beverage industry and in particular, the winemaking industry and supply chain issues. What’s your strategy?

Supply Chain Design Software 91

Supply Chain Design Software Manufacturing Procurement Optimal Sourcing Prescriptive Analytics Software 91

6 River Systems

FEBRUARY 3, 2020

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics Advanced and predictive analytics are deployed in real- or near-real time.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 59

6 River Systems

JUNE 29, 2020

Building supply chain resilience isn’t a new goal, but it’s become a primary focus for supply chain leaders in the wake of the pandemic crisis, particularly in the hardest-hit industries, such as food and beverage. China trade war has already put regionalization of manufacturing back on the table.

Supply Chain Planning Software 116

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

Material Handling & Logistics

JUNE 25, 2018

Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. So the CSR score too is more of a popularity contest than a consistent metric. In other words, these companies are all multinational giants in their respective verticals. Media Type.

Gartner 81

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

Kinaxis

SEPTEMBER 8, 2014

I was on a call last week with a large company in the food and beverage space that has spent $100s of millions, and many years, on an ERP deployment. They have piloted the process in Excel and know that they need an enterprise level solution for a global roll-out of S&OP. However, excellence in corporate planning matters.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Modeling Software 261

ShipBob

AUGUST 11, 2023

For businesses that aim to be at the forefront of tech-driven automation and real-time data analytics, smart warehouses are the perfect fit. However, they require significant capital for construction or purchase, maintenance, and operation. They offer cost-sharing benefits, lower investment, and increased bargaining power.

Warehousing 52

Warehousing Supply Chain Design Software Inventory Reduction Cost Reduction Strategies 52

Unleashed

NOVEMBER 22, 2021

They especially encourage manufacturing and design enterprises that import, process and then re-export goods. For clarity, here’s a quick definition of each term: A free trade zone – or free zone as it is also known – can refer to specific-purpose manufacturing facilities.

Supply Chain Design Software 98

Supply Chain Design Software Manufacturing Procurement Inventory Management Software Supply Chain Planning Software 98

6 River Systems

FEBRUARY 25, 2019

. “Eliminate as many points as possible by bringing as much in house as possible…” So that the model is reduced to A to B. It is absolutely imperative to be in a position to do as much quality control as possible in house, so that all that is required thereafter is shipping from the manufacturer straight to the customer.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

Unleashed

JANUARY 28, 2021

For coffee manufacturers, the story is slightly different. However, we should note that the data on manufacturers also includes tea products, which represent about 17% of the sector. However, we should note that the data on manufacturers also includes tea products, which represent about 17% of the sector. Profit margins: 3.1%.

Manufacturing Procurement 59

Manufacturing Procurement Purchasing Skills New Zealand Australia 59