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.

Supply Chain Planning Software 52

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

Supply Chain Shaman

JANUARY 21, 2014

In companies, there is no standard model for demand processes. New forms of analytics make new capabilities possible. <In fact, so much so that I wrote a book about it.> Let’s start with these: Demand Sensing: The reduction of time to sense purchase and channel takeaway. It is evolving. Independent Demand.

Supply and Demand 351

Supply and Demand Modeling Demand Planning Software Forecasting 351

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. Customer Service Needs to be all the Way to the Last Mile. The proliferation of the business models is exciting.

Packaging 296

Packaging Inventory Reduction Supply Chain Design Software San Francisco 296

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. It ties into the ERP system where quotes and purchase orders are managed.

Supply Chain Planning Software 115

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

Precoro

JANUARY 30, 2023

From raw materials (wood for a furniture factory or vegetables for a restaurant) and finished goods (office or lab supplies) to services (software subscriptions), buyer-vendor relationships are at the core of every business. As a company slowly grows, purchase management becomes more and more complicated.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Supply Chain Planning Software Supply Chain Software 52

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

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 29, 2014

The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. It was also the preference of the consulting partners because the projects were longer, more costly and better aligned with the consulting model.

Supply Chain Planning Software 330

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 330

Supply Chain Shaman

APRIL 6, 2017

My point of view is that Supply Chain Effectiveness is improving process responsiveness for customer service while driving a positive change in Return on Invested Capital and Price to Tangible Book Value of publicly traded companies.) Can substrates be manufactured with yeast? Current Order and Purchase Order Processing.

Supply Chain Software 204

Supply Chain Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 204

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. Experiment with these new forms of analytics.

Supply Chain Planning Software 300

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

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

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. In this article, I want to emphasize that a customer-centric supply chain meets and exceeds the customer’s needs day-by-day based on a well-defined relationship against a brand promise.

Customer Service 331

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

Enterra Insights

MAY 26, 2020

Customers don’t want to think about supply chains; they just want great purchasing experiences. Although the connection between great customer experience and a world-class supply chain should be obvious, customer experience is not the first thing that pops into most peoples’ minds when they hear the term “supply chain.”

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Strategy 100

Unleashed

MARCH 26, 2023

Xero’s native inventory features include: Track up to 4000 stock items Enter and review stock quantities Add items to an invoice You can use this information in conjunction with Xero’s regular accounting suite to compare different financial metrics. But as customers purchase products, those levels need to shrink again.

Inventory Management Software 52

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

Supply Chain Shaman

SEPTEMBER 3, 2015

While I agree that companies need to right size inventory to maximize ROIC and improve customer service, there are many underlying decisions that I feel many companies do not make consciously. Cycle stock is the management of stock required to cycle through production runs and procurement buys effectively. My Insights.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

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

Supply Chain Shaman

SEPTEMBER 20, 2015

Most supply chain planning teams do not know their customers. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. They have abandoned their spreadsheet ghettos.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

AUGUST 26, 2015

Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error. There was no room service.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

ThroughPut

DECEMBER 4, 2022

A report by Acosta, a US-based sales and marketing agency, on grocery store trends for 2021 indicates that 46% of people now use online delivery more than they did before the pandemic. Data-driven forecasting builds accurate information pipelines based on patterns of purchase and forecasts of global trends.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

Logistics Bureau

SEPTEMBER 4, 2023

Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed. Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” The supply chain leader manages performance at the intersection of inventory turns, operating margin and customer service. Seven Misconceptions.

Inventory Reduction 150

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

Enterra Insights

MAY 31, 2019

” The quote finds its origins in Sir Francis Bacon’s book Meditationes Sacrae , which was published in 1597. “Facebook was still competing with MySpace for traffic,” he writes, “Amazon was primarily known for selling books, and the iPhone was just released. “Customize services to meet customer needs.

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

EMERGE App

MARCH 11, 2021

A backorder is ordering for services or goods that are currently out of stock due to unavailable supply. The product might not be held up in the company’s inventory but could be in production, or still, the company needs to manufacture the item. The company can still operate even if there’s no inventory in the books.

Material Savings 52

Material Savings Inventory Reduction Vendor Strategies Waste Reduction 52

ThroughPut

MARCH 25, 2024

This practice has evolved significantly from its historical roots, largely a game of educated guesses, to today’s data-driven approach that harnesses the power of advanced analytics. Demand forecasting is a cornerstone in the modern supply chain, enabling businesses to align their operations with market dynamics and customer needs.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Logility

SEPTEMBER 6, 2016

One of my favorite books growing up was The Time Machine by H. Aberdeen reported that 65% of S&OP time is spent gathering, collating, verifying, and manipulating data. ” The objective of a mature S&OP process is to ensure supply capabilities (manufacturing, purchasing, distribution, etc.)

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Supply Chain Planning S&OP 100

Zipline Logistics

DECEMBER 22, 2020

percent reporting LTL transit times had been extended by one or two days, and another 16.4 Lead time typically refers to the total time needed from purchase order origination to delivery to a customer. In a survey of a variety of shippers, the publication found that “longer transit times were an issue for 87.9

Freight 52

Freight Cost Reduction Strategies Shipping Price Reduction 52

Talking Logistics

OCTOBER 27, 2017

Manhattan Associates Reports Solid Third Quarter Performance. Ryder Reports Third Quarter 2017 Results. DCLI to Purchase TRAC Intermodal’s Domestic Chassis Fleet. Customers can install the In-Home Kit themselves or take advantage of free professional installation. Amazon Key In-Home Kit starts at $249.99.

Logistics Network Optimization Software 102

Logistics Network Optimization Software Modeling Software Forecasting Software Supply Chain Network Software 102

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Therefore, a firm would be well served to develop a supply chain strategy as described in my book: Supply Chain Transformation.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

GlobalTranz

JANUARY 4, 2016

We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. We have already covered the top 6 trends for 2016 in manufacturing. 2016 Supply Chain Trend #6: Procurement’s New (read Bigger) Role in the Supply Chain.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

Tompkins Blog

NOVEMBER 25, 2013

Author Gene Marks has been busy compiling more than 70 lists of tips in his latest book, The Manufacturer’s Book of Lists , a go-to guide for anyone in the manufacturing business. 10 Performance Metrics Every Manufacturer Should Know. 10 Ways Managing Your Inventory Will Improve Your Customer Service.

Manufacturing Procurement 40

Manufacturing Procurement Manufacturing Procurement Analytics Supply and Demand 40

MIT Supply Chain

MAY 16, 2013

Finance sees inventory as a drain on working capital, sales wants as much as they can get to please customers, manufacturing is oblivious, and purchasing wants to bulk buy at every opportunity. And senior management doesn’t understand the trade-offs between inventory, customer service, and cost.

Inventory Reduction 78

Inventory Reduction Inventory Inventory Management Software Modeling 78

Supply Chain Trend

AUGUST 13, 2020

Third wave supply-chain planning software will play the machine role in the human-machine collaboration, enabling the knowledge worker to manage large amounts of data, use advanced analytics, and automate processes and decisions across the enterprise and the wider value chain. Hatchet Books, Ney York. Bureau of Labor Statistics.

Supply Chain Software 147

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 147

Logistics Bureau

OCTOBER 6, 2017

Getting the Service Policy Right. One of the fastest ways I know to burn money in Supply Chain management is not to have clear customer service policies or to have service policies that are poorly implemented and communicated. 3) Don’t have a one size fits all customer service policy.

Cost Reduction Strategies 40

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 40

Kinaxis

DECEMBER 3, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Imagine that your child brings home their report card and it’s a mix of good and fair grades.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

EMERGE App

OCTOBER 14, 2019

You have little control over Place as it’s likely that your retail customers will purchase from you and then decide how best to display your products. You create purchasing accounts along with custom price lists for your best customers. This means the more a customer purchases, the lower the unit price.

Material Savings 40

Material Savings Price Reduction Purchasing Skills Inventory Reduction 40

Infosys Supply Chain Management

APRIL 8, 2014

Communication Services. Financial Services. Industrial Manufacturing. Customer Service. Sourcing & Procurement. Customer Service. Sourcing & Procurement. AssistEdge – Customer Service Experience. ProcureEdge – Sourcing & Procurement.

Analytics Software 35

Analytics Software Supply Chain Network Software Supply Chain Planning Software Predictive Analytics Software 35

Unleashed

AUGUST 28, 2023

The cost of sales is an inventory accounting metric that measures the accumulated costs in getting finished goods to market. It represents your true cost of creating and selling a product. Cost of sales is the accrued total of all the costs of supplying a product.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Cost Reduction Strategies Examples 52