Supply Chain Game Changer

SEPTEMBER 1, 2021

A successful new business model has come to the forefront, and it doesn’t require you to have an inventory. How You Can Manage Your E-Commerce Store With No Inventory. The product is created by a manufacturer who ships it out to the customer straight from the website. Digital Products And Services. Drop shipping.

Inventory Reduction 87

Inventory Reduction Inventory Supply Chain Design Software Logistics Network Optimization Software 87

Unleashed

MARCH 26, 2023

If you’re running a product business and using Xero for your accounting, you’ll need to implement some form of inventory management. While the platform offers some inventory features of its own, many businesses will require something with greater functionality. Do you need integrated Xero inventory software?

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

ToolsGroup

NOVEMBER 3, 2015

I learned about “lean manufacturing” (or simply “lean”) back in the 1990s when I met James Womack and read his book “ The Machine that Changed the World ”. Based on MIT's five-year, fourteen-country study – one of the largest and most thorough ever undertaken -- the book describes the entire managerial system of lean production.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Inventory Reduction Lean Inventory 120

Supply Chain Shaman

JUNE 1, 2022

I work with a group that has a sub-team focused on cost, one on customer service, and one on inventory, but lack alignment on a standard definition of supply chain excellence. On average, industries carry 38 more days of inventory than in 2007. Days of Inventory Shifts. How Do We Change The Discussion? The reason?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 195

EazyStock

MARCH 14, 2023

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. Eliminate unnecessary inventory costs and reduce inventory values All companies have different conditions (and challenges), and there’s no one-size-fits-all solution.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

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 Shaman

DECEMBER 23, 2014

At that time, manufacturers talked about customer-centric supply chains, but were afraid to aggressively adopt ecommerce strategies. Manufacturers, today, are aggressively pursuing e-commerce strategies. Get Good at Having a Real-time Perpetual Inventory Signal. No matter where inventory is, put it to work.

Packaging 296

Packaging Inventory Reduction Supply Chain Design Software San Francisco 296

Supply Chain Shaman

SEPTEMBER 20, 2015

Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. For many companies starting a demand-driven journey, adopting SanDisk’s customer-centric strategies would be a great starting point to improve supply chain performance.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

MIT Supply Chain

SEPTEMBER 8, 2022

Companies are trying all manner of ways to rid themselves of bloated inventories at a time when they typically build inventory for the end-of-year holiday season. Companies are trying all manner of ways to rid themselves of bloated inventories at a time when they typically build inventory for the end-of-year holiday season.

Inventory Reduction 52

Inventory Reduction Modeling Inventory Supply Chain Strategy 52

Supply Chain Shaman

JANUARY 9, 2019

Stuck, the company struggled with customer service levels and high inventory write-offs. I am working on my third book. One of the most read case studies written for my first book, Bricks Matter, is a case study on managing item complexity. Client Item Distribution. Reflection. A SKU is an item sold at a location.)

Supply Chain Design Software 289

Supply Chain Design Software Supply Chain Planning Software Case Study Forecasting Software 289

Supply Chain Shaman

OCTOBER 8, 2019

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Nine times out of ten improving customer service requires different management of the budget cycle and a rethinking of financial planning. Background. Time horizon. The takeaway?

Supply Chain Design Software 191

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 191

Supply Chain Shaman

SEPTEMBER 27, 2021

Today, there are no authoritative identifiers to track and trace for containers, warehouse locations, trucks or manufacturing plants. Currently, 32% of process-based supply chain organizations report through a manufacturing organization, and there is a need to change functional thinking dramatically. These are authoritative identiers.

Supply Chain Planning Software 369

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 369

Supply Chain Shaman

JANUARY 31, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. He asked me to help him understand why his customer service and shipment reliability were poor. In addition, Lucas used inventory as a slush fund to make quarterly earnings.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Unleashed

MAY 20, 2024

UK & US manufacturing sectors shrink as costs rise, new orders fall. Unstable market conditions, client destocking, and the Red Sea crisis – in combination with the rise of average purchasing costs – are responsible for the recent drop in manufacturing PMI , according to data provider S&P Global. c) LIFO 3.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software S&OP 52

BlueYonder

JANUARY 22, 2024

While this blog provides an overview of our key findings, the complete results are summarized in our new e-book, “Distribution Executives Agree: It’s Time to Up the Ante on Order Management.” It’s nearly impossible to re-allocate inventory in the most strategic, profitable way on the fly using manual processes.

Distribution 88

Distribution Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies 88

Vinculum

JUNE 3, 2020

Inventory management plays a vital role in building a sustainable, scalable and profitable eCommerce business. No matter how expert you are, how bigger or smaller your business may be, what products you sell, or who do you serve, lack in your inventory management can bring bigger challenges in your business success.

Inventory Management Software 59

Inventory Management Software Forecasting Software Supply Chain Planning Software Demand Planning Software 59

Supply Chain Shaman

FEBRUARY 7, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. He asked me to help him understand why his customer service and shipment reliability were poor. In addition, Lucas used inventory as a slush fund to make quarterly earnings.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

APRIL 16, 2014

I have taken myself off the road to write the book Metrics That Matter. Let me just state for the record that “Saying that you are going to write a book, is far more exciting than writing one.” Writing the book is helping me to get perspective. I would like to be on vacation with them, but it is not in the cards.

Supply Chain Design Software 281

Supply Chain Design Software Agile and Lean Supply Chain Modeling Supply Chain Planning Software 281

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. Based in Paris, L’Oréal is a global personal care manufacturing company.

Case Study 281

Case Study Inventory Reduction Agile and Lean Supply Chain Study 281

Supply Chain Shaman

OCTOBER 2, 2020

Customer Service Failure. I called the customer service line for the manufacturer and was told that the only thing I could do was call a maintenance specialist. The local service company is available ten weeks from now, and I will pay the bill. The machine design was bad and was dictated by corporate.”

Customer Service 331

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 331

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

Manufacturers have realized that while they may aim to be stable, what they really need is to be agile. The new normal for manufacturers. The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. A major challenge for IM&E manufacturers is managing inventory.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Forecasting Software 115

SCMDOJO

JUNE 6, 2023

This Distribution Operations Assessment tool can be used by Original Equipment Manufacturers (OEMs), Principal Corporates, and distributors themselves to gain insight into materials management and logistics knowledge, identify gaps in skills and knowledge, and foster critical thinking and self-awareness. . #

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 92

Supply Chain Shaman

JANUARY 21, 2014

Companies are stuck at the intersection of inventory turns and operating margin. <In fact, so much so that I wrote a book about it.> For example, in a hospital, it is the translation of usage in a procedure to hospital order to a distributor and the translation of that usage to an order for a manufacturer.

Supply and Demand 351

Supply and Demand Modeling Demand Planning Software Forecasting 351

Supply Chain Shaman

DECEMBER 29, 2016

In a nutshell, the research states there is a correlation between cost, inventory, and forecast performance. My problem is I see many organizations working hard on the forecast, but not improving inventory and replenishment processes; and, I think that the Hierarchy of Metrics did not go far enough. Just the opposite.

Inventory Reduction 0

Inventory Reduction Supply Chain Planning Software Forecasting Gartner 0

Supply Chain Shaman

OCTOBER 29, 2014

The promise was the delivery of a decision support system that would allow the organization to optimize the relationships between cash, cost and customer service against the strategy. Leadership teams struggle with the trade-offs between cash, cost and customer service. The book is a story. Why does this happen?

Supply Chain Planning Software 330

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 330

Supply Chain Shaman

FEBRUARY 22, 2015

I get called frequently to talk to supply chain leadership teams about inventory. Often the CEO hires a strategic consultant to audit the supply chain, and they roll through the organization making inventory promises. What CEO does not like the concept of reducing inventory? It is cash. Let me explain.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Modeling Software 150

Supply Chain Shaman

OCTOBER 1, 2013

Both companies provide packaging materials to the food manufacturing industry. Sonoco Products, on the other hand, had a clear objective to maximize asset utilization while improving customer service for strategic customers. billion company, manufactures glass containers with headquarters in the Midwest.

Illinois 253

Illinois Waste Reduction Supply Chain Planning Software S&OP 253

Logistics Bureau

JULY 10, 2023

To find out more, please don’t hesitate to book a free consultation call with one of our outsourcing experts. BOOK NOW Need help with insourcing/outsourcing decisions? Book your free consultation. To find out more, we invite you to get in touch to book a free consultation call. Book a free consultation here.

3PL 44

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 44

Supply Chain Shaman

SEPTEMBER 3, 2018

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. A supply chain that produces products at the same cost, quality and customer service given the level of demand and supply volatility.

Supply Chain Planning Software 344

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 344

Logility

AUGUST 5, 2021

You can align high-level business planning with detailed product forecasting to boost service levels, shorten cycle times, reduce inventory investment, and minimize obsolescence. Improved customer satisfaction. By optimizing resources, you can minimize total supply costs while meeting consumer demand requirements.

S&OP 130

S&OP Supply and Demand Beverage Optimal Sourcing 130

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. Read on to learn how you can make your supply chain function with less cost, greater efficiency, and improved customer service —or perhaps all three—by handing off some relevant activities to an external contractor.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Supply Chain Shaman

NOVEMBER 9, 2014

Proudly, I had led my division to have the lowest manufacturing costs with the highest Return on Assets. I believed that we would find a company with the lowest distribution costs (warehousing and transportation), and the lowest manufacturing costs, and this would result in the best overall cost structure. I was wrong.

Manufacturing Procurement 290

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 290

The Logistics & Supply Chain Management Society

NOVEMBER 23, 2020

ORCA chose SSI Schaefer as a partner because of their extensive experience in technology, engineering and customer service. With the logistics software WAMAS ® , ORCA has a close eye on stock and ensures that all goods within the warehouse are booked and tracked in real time.

Philippines 246

Philippines Supply Chain Software Logistics Network Optimization Software Supply Chain Design Software 246

Talking Logistics

JULY 6, 2017

If harnessed correctly, supply chain data can be the key that unlocks new forms of efficiency, profitability and differentiated customer service. This higher level of certainty will allow the shipper or service provider to be a better partner and drive unprecedented efficiency and profitability. Putting it Into Practice.

Predictive Analytics Software 101

Predictive Analytics Software Logistics Network Optimization Software Forecasting Software Demand Planning Software 101

Supply Chain Shaman

MAY 13, 2015

Let me start with a true confession: I am a manufacturing gal. I relished the sound of a manufacturing line when I opened the door of the factory in the morning, and I liked managing inputs so that we could maximize outputs. Manufacturing is the foundation of my interest in supply chain management. It is now part of my DNA.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

DELMIA Quintiq

DECEMBER 4, 2018

They are focusing on technology, customer service and exploring new or niche markets. Steel producers are looking for ways to provide aftermarket and value-added services. More and more steel producers now turn to the automotive industry for increased revenue, where it uses a VMI (vendor-managed inventory) model.

Industrial 197

Industrial Industry Optimal Sourcing Supply Chain Planning Software 197

Supply Chain Shaman

JULY 29, 2013

We have been taught, as supply chain leaders, that over the last decade supply chain processes have improved costs, shortened cycle times, improved customer service and decreased inventory. ” When I first started working on the book Bricks Matter , I believed it too. It is my belief that we have emerging practices.

Supply Chain Planning Software 300

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 300