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. The evolution sprung from chaos. I was wrong.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Talking Logistics

JULY 27, 2015

Supply chain management spans many functions and processes, including demand planning, sourcing, merchandising, supplier relationship management, inventory management, inbound and outbound transportation, distribution management, and store operations. How much inventory do we have across our network?

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 100

Vanguard Software

JULY 13, 2021

Whether your focus is on improving operations and logistics or looking for ways to monitor customer service levels to improve customer retention, supply chain data quality is crucial to improve operational management. Download e-Book. Continuous improvements in the customer experience.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Prescriptive Analytics Software Quality 52

crisp

FEBRUARY 5, 2024

For Target, Ritual initially extracted sales and inventory data into Google Sheets each day, a solution that offered limited visibility and scalability. Unfortunately, the pipeline would regularly break, or experience schema drift – in which the structure of source data changes unexpectedly, disrupting dataflows and analysis.

Cost Reduction Strategies 52

Cost Reduction Strategies Optimal Sourcing Sourcing Strategies Data 52

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The focus is on channel data: price; inventory positions; and policies. This requires modeling and continued refinement.

Material Savings 195

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 195

Supply Chain Shaman

SEPTEMBER 13, 2016

Our goal is to build a guiding coalition to think differently to improve outcomes. Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). It cannot be about incremental improvement. What does it take?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

Supply Chain Shaman

JUNE 26, 2016

Inventory Turns. Better performance in inventory turns than the peer group average for the period of 2006-2015. Price to Tangible Book Value. If you trace the year-over-year pattern, you can see that P&G made progress on inventory turns and operating margin 2006-2007, 2009-2010. Return on Invested Capital (ROIC).

Supply Chain Design Software 215

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 215

USC Consulting Group

JANUARY 10, 2022

Some operations consultants are advisory consultants, or “boardroom consultants” who perform a two- to three-week study and provide a book of recommendations to help you out, and then hand it to you and go on their way. It’s a useful process, but we’ve found it’s missing a critical area: Inventory.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Inventory Reduction 40

Supply Chain Management and Analytics

OCTOBER 19, 2020

mismatched and missing data between different sources. In addition to traditionally used historical data, it is now possible to include impacts of the hourly or daily changes in weather, promotions, store footfall, customer inventory, and point-of-sale data. uncertainty regarding future demand. 1) UNCERTAINTY.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 52

GlobalTranz

JANUARY 7, 2016

The majority of parts were purchased domestically, and internationally (many parts purchased internationally were not made in the USA at that time.) • General Binding Corporation (GBC), Northbrook, IL : Manufactured “Cerlox” plastic bindings for the end of note books. Purchasing was tasked with Cost Reduction, Sourcing and Purchase Orders.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Supply Chain Shaman

AUGUST 3, 2016

Each are good at localized planning within a focused area of demand, supply, network design, transportation planning, material sourcing or finite scheduling. The greatest value happens when companies can link across source, make and deliver. This requires continue education. Process Integration Across Functions.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 150

GlobalTranz

AUGUST 9, 2016

The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Right Service.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120

Talking Logistics

SEPTEMBER 13, 2016

To build more powerful relationships, extending across a critical mass of trading partners, companies need to utilize a robust platform like a supply chain operating network, which leads to increased visibility for continuous improvements in company performance, agility, and differentiation.

Real-time Visibility 100

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Inventory Reduction 100

ThroughPut

MARCH 25, 2024

Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. Improved Supply Chain Resilience Anticipating demand fluctuations allows companies to adjust their inventory levels proactively, thereby reducing the risk of stockouts or overstocking.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. Then determine is the project targeted to improve visibility, control and improve an outcome or drive continuous improvement.

Supply Chain Planning Software 170

Supply Chain Planning Software Modeling Software Analytics Software Demand Planning Software 170

crisp

SEPTEMBER 6, 2023

Until recently, reporting scope 3 emissions – which include indirect sources that organizations contribute to – has been optional. Scope 3, however, includes indirect emissions from an organization’s business activities, and sources they do not own or control. Here, we’ll provide an overview of each.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Waste Reduction Supply Chain Design Software 52

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. Then determine is the project targeted to improve visibility, control and improve an outcome or drive continuous improvement.

Supply Chain Planning Software 157

Supply Chain Planning Software Modeling Software Modeling Analytics Software 157

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Short cycles require buffer inventories and short lead times. source Moody’s).

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

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. In a similar vein, their forecasts for the automotive market would have been on new automotive sales and dealer inventory. Insights on leadership, continuous improvement and talent development for emerging markets.

Supply Chain Design Software 150

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

synchrono

JULY 8, 2015

For today’s manufacturer, the IIoT boils down to the ability to capture and connect data from multiple sources to attain truly meaningful information. Manufacturing.net noted that 77% of manufacturers polled view improvements in services as a key competitive factor. Case studies provide a great vehicle for communicating service value.

Internet of things 53

Internet of things Supply Chain Planning Software Modeling Software Demand Planning Software 53

Precoro

AUGUST 31, 2023

For instance, they can do so by improving operational processes, making cost-efficient decisions on personnel, initiating work environment changes, upgrading technology, sourcing strategically, and so on. Cost saving is about finding an efficient way to keep the expenses on the books but reduce their monetary value.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

Supply Chain Game Changer

JUNE 8, 2021

Supply chain provides a unique opportunity to cultivate broad skills from marketing, strategic sourcing, finance, manufacturing and logistics to enable some of the most coveted skills in any organization. Ron Emery, Continuous Improvement Consultant. Danny Wang, VP Sourcing and Procurement at Canada Goose. Find a mentor.

Negotiating Skills 97

Negotiating Skills Purchasing Skills Industrial Industry 97

American Global Logistics

DECEMBER 5, 2023

See Drucker’s book, The New Realities , 1990.) Access to Funding: Partnerships can provide access to additional funding sources. Improved Financial Stability: By sharing resources and costs, strategic partnerships can lead to improved financial stability for all parties involved.

3PL 52

3PL Negotiating Skills Resource Reduction Supply Chain Planning Software 52

Unleashed

MAY 1, 2024

But it often comes with unique and challenging logistics requirements: all your inventory, sales, and purchasing data need to be in alignment. Multichannel order management is the process of integrating order fulfilment, inventory management, and reporting across a company’s various sales channels to create a single source of information.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Optimization Software 52

Supply Chain Trend

DECEMBER 22, 2023

Nada is co-author of the book HUMACHINE besides plenty of other books. A similar idea that Nada describes in her book HUMACHINE. Google’s Cassy Korzakov already had her DI definition in this blog from 2019 , and Lorien Pratt published the book Link about decision intelligence in that same year.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

Supply Chain Trend

OCTOBER 31, 2016

These leaders all have 20+ years S&OP experience and published books, whitepapers and articles in renowned magazines. A group, that has shown passion to improve S&OP and a willingness to provide ideas for the future. Jim : I would seek out certain key resources, books, etc. How is the S&OP process performing?

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 60

GlobalTranz

DECEMBER 7, 2015

Instead of setting up brick-and-mortar stores, or keeping inventory on hand, you can start offering this new product on your new store. Manufacturers will be able to improve their inventory due to the information presented by both supply chain and operations data.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Claritum

JULY 31, 2018

Is there a need to link into their systems relating to inventory/Warehousing or catalogues for example? This could be volume discount terms or inventory terms for example.These contracts can also be Framework based contracts that cover the broad commercial terms for supply. Next consider the Integration necessary with each supplier.

Supplier Management 42

Supplier Management Procurement Analytics Procurement Solutions Optimal Sourcing 42

KEPLER Consulting

NOVEMBER 24, 2017

Sources: 1: Global Survey, Mc Kinsey, 2010/ 2: Supply Chain Impact Survey, Cap Gemini, 2013/ 3: Future of Supply Chain, SCM World, 2016. #2 Sources: 1: Future of Supply Chain, SCM World, 2016 /2: Global Supply Chain Survey, PwC, 2013 / 3: Supply Chain Impact Survey, Cap Gemini, 2013. #3 TRANSFORMATION AXIS. #4 OPERATIONAL. EXCELLENCE.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 40

Locus

JULY 17, 2023

Also read : Methods to reduce cost of transport Digital revolution of the food industry The impact of the digital revolution can be gauged from the food industry’s gross revenue bookings estimated at $82 billion in 2018, projected to more than double by 2025 with a cumulative growth rate of 14%.

Optimal Sourcing 52

Optimal Sourcing Food Logistics Network Optimization Software Optimization Software 52

6 River Systems

FEBRUARY 25, 2019

From raw materials sourcing to warehouse operations , logistics technology , order fulfillment and beyond, there are dozens of points throughout the supply chain, all of which contribute to overall supply chain efficiency. Cost of carrying inventory in business calculations should be the true cost including: Scrap costs.

Optimal Sourcing 55

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

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