Supply Chain Shaman

SEPTEMBER 28, 2022

Definition: “Someone’s efforts, resolve, or viability are tested; things are meaningfully challenging. We find that three factors mattered: organizational alignment, descriptive analytics, and inventory management. Multi-tier inventory management by itself was not sufficient. “ Wikipedia.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

Supply Chain Game Changer

NOVEMBER 13, 2018

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. So what exactly is the definition of “Supply Chain Management”? The Evolution of Supply Chain! Source: [link] ).

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing 72

Locus

MARCH 4, 2024

In the fast-paced world of supply chain management, Transportation Management Systems (TMS) have become an indispensable tool for retailers seeking to optimize their transportation operations. Slot Based Delivery: Legacy TMS can’t provide time-definite delivery options that gel well with the existing capacity and their routes.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Optimization Software Supply Chain Network Software 52

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Shaman

SEPTEMBER 27, 2021

We are making slow progress on transportation visibility, but not supplier visibility. The secondary problem is the lack of definition of process requirements and a buying team that cannot see past simple MRP/MRP II/DDMRP requirements. Until then, join us for our monthly networking calls, books/reports , podcasts, and blog posts.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

Supply Chain Shaman

OCTOBER 22, 2015

The names of the technology providers, the process definitions, and the architecture descriptions were a new lexicon. The impact of complexity on inventory is not quick. To help, today I want to share some of the insights from our recent Inventory Optimization study. Inventory management is a hot issue.

Inventory Reduction 150

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

BlueYonder

AUGUST 17, 2023

But the past several years have made it seem nearly impossible, thanks to fast-changing consumer needs, increased competition, the growth of omni-channel, supply shortages, and transportation issues. What’s the real cost of inaccurate inventory management? trillion problem of inventory distortion.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Optimal Sourcing Purchasing Skills 52

GlobalTranz

AUGUST 9, 2016

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. Transportation takes time.

Waste Reduction 120

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

GlobalTranz

MAY 18, 2021

Whether you are new to the transportation industry, are a seasoned veteran, or just want to better understand transportation and logistics terminology, this comprehensive reference guide is for you. Transportation Terminology Glossary of Terms. Department of Transportation (DOT): Oversees U.S.

Logistics Network Optimization Software 156

Logistics Network Optimization Software Transportation Demand Planning Software Rail Software 156

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport. By crafting a well-defined strategy, businesses can mitigate transportation costs, mitigate supply chain disruptions, and uphold customer satisfaction. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

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. Let’s Start with Definitions: One of the difficulties in supply chain is the lack of common definitions. What did we find?

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

Supply Chain Shaman

JUNE 23, 2020

I am also developing a framework for my new book. Orbit Chart for Ecolab at the Intersection of Inventory Turns and Operating Margin Versus the Chemical Industry for the Period of 2010-2019. Procurement and transportation operated as islands. Stay tuned. Each company ranks in the 4% of companies beating their peer groups.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

Supply Chain Shaman

MAY 30, 2019

The chemical industry is the first to feel a recession, and the early travel freezes is a definite caution flag. As I sign into the front desk-after-front desk at manufacturers, and open the signature book, I notice a large number of system integrators diligently working on the implementation of traditional enterprise technologies.

Inventory Reduction 197

Inventory Reduction Waste Reduction Cost Reduction Strategies Sourcing Strategies 197

Supply Chain Opz

MAY 25, 2013

Lots and lots of articles point to the fact that its from the French word " Logistique " which first appeared in the book " The Art of War " in 1838 by Baron Henri de Jomini who was the general in French army during Napoleons time. Image credit Google Books. Image Credit : Google Books. Image Credit : Google Books Project.

Supply Chain Planning 248

Supply Chain Planning Supply Chain Strategy Military Supply Chain 248

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. Specifically, I will focus on the lack of clear definition of control tower, cognitive computing, connected planning, and concurrent planning. Control Tower.

Supply Chain Planning Software 167

Supply Chain Planning Software Modeling Software Analytics Software Demand Planning Software 167

Supply Chain Shaman

AUGUST 14, 2016

Starting With Definitions. To help, I wrote a few definitions on the board: Demand-Driven Processes. A Demand-Driven Value Network as defined by AMR Research in 2007: A network that senses demand with minimal latency to drive a near real-time response to shape and translate demand. Definition of Outside-In Processes.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Supply Chain Shaman

DECEMBER 29, 2016

As a result, each time someone uses the word, you should ask for a definition. The lack of a common definition of the use of ‘research’ by industry analysts, bloggers, and consortia muddies the market. I also find that the definition of research by each analyst firm and consortia is different. Just the opposite.

Inventory Reduction 0

Inventory Reduction Supply Chain Planning Software Forecasting Gartner 0

Supply Chain Shaman

OCTOBER 2, 2020

Another client wants to push the customer-centric concept in his organization, but his definition is to do whatever the customer wants. A well-defined customer-centric supply chain starts with a clear definition of the organization’s strategy to serve a well-defined customer requirement. The reason? Over the last month, I moved.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

Enterra Insights

JUNE 25, 2021

Kearney’s Consumer Products and Retail Practice, asserts, “Retailers need to review forecasts and inventory commitments for Holiday 2021 which could be a blockbuster. Booking capacity as early as possible is a good idea. For example, overall retail sales in April rose by 51.2% year-over-year. Michael Brown, a Partner in A.T.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 130

Supply Chain Shaman

JUNE 19, 2013

It comes in many flavors–increase in inventory, changes in sales policies, new product lines– all add to the complexity. The only industry that has made progress in inventory management is consumer electronics. The only industry that has made progress in inventory management is consumer electronics.

Forecasting 268

Forecasting Supply Chain Planning Software Agile and Lean Supply Chain Forecasting Software 268

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. Specifically, I will focus on the lack of clear market definitions of the terms control tower, cognitive computing, connected planning, and concurrent planning.

Supply Chain Planning Software 154

Supply Chain Planning Software Modeling Software Modeling Analytics Software 154

BlueYonder

JUNE 27, 2023

I started in supply chain planning and specifically transportation planning on the Sears account back in the day. I led operations, whether in transportation, distribution or shared services and in both union and non-union organizations across logistics, contract logistics, technology, and implementation. How do we control labor costs?

Logistics Network Optimization Software 77

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 77

Supply Chain Shaman

JANUARY 21, 2014

Slowly the words take definition in everyday speech. Companies are stuck at the intersection of inventory turns and operating margin. <In fact, so much so that I wrote a book about it.> Each role–customer service, sales, procurement, manufacturing–have a different need/definition for the demand signal.

Supply and Demand 323

Supply and Demand Modeling Demand Planning Software Forecasting 323

The Supply Chainer Report

FEBRUARY 5, 2022

The most competitive deals are closed by booking suppliers production in advance, and getting favorable T&C from transportation partners. Focus on Inventory. As Ray Kroc – McDonald’s founder – favorite motto says ‘Keep it simple stupid’ Look at Amazon YOY inventory going up to +40%.

Innovation 52

Innovation Material Savings Inventory Reduction Cost Reduction Strategies 52

Logistics Viewpoints

OCTOBER 7, 2022

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. The six areas are energy use, nature, waste, packaging, transportation, and product use and design. This is putting the squeeze on small businesses.

Logistics Network Optimization Software 185

Logistics Network Optimization Software Real Estate New York Logistics 185

GlobalTranz

JUNE 8, 2021

That’s the overview of white glove services evolution and it’s another piece of the transportation terminology puzzle. It’s important to know how white glove services and transportation management go together. They must go beyond the standard delivery in transportation management, and consumers are pushing this trend forward.

Transportation Management 197

Transportation Management Logistics Network Optimization Software Transportation Reverse Logistics 197

Supply Chain Shaman

MAY 13, 2015

I knew nothing about the world of logistics, inventory management and order optimization. Warehouse Management and Transportation Management were in their infancy. It should not be functional, with a narrow focus on a singular function like manufacturing or transportation. Figure 1: Definition of the Supply Chain Organization.

Supply Chain Design Software 150

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

Supply Chain Shaman

FEBRUARY 11, 2014

I was sitting at my kitchen table attempting to write a celebratory book on the 30th anniversary of supply chain management. When I sat down to write the book, Bricks Matter, I believed that companies had used supply chain technologies to reduce operating margin and improve inventory turns. We would love to see you there!).

Metrics 283

Metrics Optimal Sourcing Manufacturing Procurement Inventory Reduction 283

Supply Chain Shaman

OCTOBER 8, 2019

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. As shown in Figure 1, at a recent client engagement, there is a strong and clear process definition of the budget process and the lack of clarity and discipline in the demand flows for the supply chain. Time horizon.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Supply Chain Shaman

APRIL 15, 2015

This week, I am finishing two reports: Sales and Operations Planning, and Inventory Optimization. Definitions Matter. However, when you ask each group for a definition of “integrated” the definitions are different. Definitions matter. Here are the links to the studies: Inventory Management.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150

Supply Chain Shaman

NOVEMBER 9, 2014

Their career paths, their identities, and their comfort zones were steeped in the traditional definitions. Most companies think that they know what this means; but, to be actionable they need definition. I also believed that this company would have the best inventory and customer service. I was asked to be an agent of change.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

Supply Chain Shaman

AUGUST 3, 2016

I find most companies are good at pockets of planning–demand planning, supply planning, transportation planning, material planning or plant scheduling, but the flows are not connected. Let’s start with a definition. I find five common definitions: Tight Integration of Transactional and Planning Data. Get Started.

Supply Chain Planning Software 150

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

Supply Chain Shaman

JUNE 5, 2013

Most often the focus is on transportation or logistics, but does not take into consideration the trade-offs between make, source and deliver. Use of third-party data for transportation lane and drayage times by day/time of week. Monthly design of the supply chain including form and function of inventory and inventory placement.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 216

GlobalTranz

DECEMBER 28, 2017

Today is day three of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation , Freight. This year, most were interested in logistics management trends, and transportation - specifically in the last mile and white glove services.

Logistics Network Optimization Software 140

Logistics Network Optimization Software Optimal Sourcing Network Optimization Software Logistics 140

Enterra Insights

FEBRUARY 20, 2019

Supply chain management might seem like a straight forward topic; but, Mike Mortson ( @mmortson ) notes there is no standard definition of supply chain management. To make that point, Mortson lists ten different definitions for the term from various sources. Evaluate inventory policy, sourcing modifications, and commercial terms.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 113

Freightos

OCTOBER 18, 2017

The new breed of consumer has been weaned on Amazon-level freight service expectations, spanning pricing, booking, and service To this add the even more demanding expectations of a new breed of entrepreneurs, and these are the shippers that the logistics providers must now learn how to cater to. Customers are definitely ready.

Cargo 125

Cargo Logistics Network Optimization Software Demand Planning Software Supply Chain Software 125

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