ToolsGroup

DECEMBER 16, 2021

In his book, Lean Retail & Wholesale , professor and author Paul Myerson defines the shift towards lean retail as “a dramatic change in the way products are ordered and distributed that is far more data-centric and focused on understanding and meeting customer demand.” Inventory is retailers’ greatest asset AND liability.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

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

crisp

OCTOBER 20, 2022

In this guide, we’ll show you what metrics those are, easy ways to find them, and how you can use them to accelerate your brand’s retail growth. From marketing to distribution, data drives every decision a consumer product company makes. Distribution. Is distribution to a specific region taking longer than usual?

Procurement Analytics 98

Procurement Analytics Inventory Reduction Data Waste Reduction 98

Supply Chain Shaman

DECEMBER 23, 2014

Get Good at Having a Real-time Perpetual Inventory Signal. Foundational for ecommerce is a real-time perpetual inventory (PI) signal. Today, only 58% of retailers have a good PI signal in their stores, and only 60% have a good PI signal in their distribution centers. No matter where inventory is, put it to work.

Packaging 290

Packaging Inventory Reduction Supply Chain Design Software San Francisco 290

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

Silvon Software

AUGUST 8, 2022

Supply chain challenges stemming from the pandemic and other global events continue to plague manufacturing and distribution companies. Supply chains also have the added complexity of numerous other data sources being generated from extended partners in outsourcing, logistics, and distribution. Let’s take product quality as an example.

Analytics Software 80

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 80

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 91

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 91

GlobalTranz

DECEMBER 27, 2017

This year, most were interesting in supply chain optimization - from distribution to inventory management - and Key Performance Indicators. Now without further ado, I give you the top 10 supply chain blog posts of the year by page view: [e-Book] The Most Impactful Supply Chain & Logistics Trends in 2017.

Supply Chain Software 151

Supply Chain Software Optimal Sourcing Supply Chain Optimization Supply Chain Strategy 151

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. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 261

Case Study Inventory Reduction Agile and Lean Supply Chain Study 261

Supply Chain Shaman

APRIL 25, 2013

The genesis started with the writing of the book Bricks Matter. The relationship between corporate financial performance and supply chain metrics was complex; and in my first attempts, I was unable to derive a correlation. Sadly, while writing the book, I found that this was not the case. We want to get it right. Definitions.

Supply Chain Design Software 260

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 260

Enterra Insights

JUNE 24, 2022

Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.”

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. Due to its size, Kroger typically manages its distribution network in-house. Each system offers sellers access to additional insights.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Supply Chain Shaman

FEBRUARY 22, 2015

The more that I work on supply chain metrics, the more that I believe that both the SCOR model and the Gartner Hierarchy of Supply Chain Metrics (which I worked on for the period of 2006-2010) reward functional, not end-to-end supply chain behavior. I get called frequently to talk to supply chain leadership teams about inventory.

Supply Chain Design Software 150

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

Supply Chain Shaman

MARCH 27, 2014

I also continued to work on the manuscript for the book Metrics That Matter to publish in the fall of 2014. The book is now a very worn manuscript. The average client that has implemented demand sensing technologies has reduced inventory by 11%. This is a networking group that meets by phone once a month.

Supply and Demand 283

Supply and Demand Inventory Reduction Demand Planning Software Forecasting Software 283

The Logistics of Logistics

FEBRUARY 1, 2021

Throughput can be calculated as Inventory = Rate multiplied by Time, where “rate” is the throughput. Ali and other followers of the theory of constraints believe that throughput is more like a way of life as opposed to a simple metric. Throughput is the amount of material or items passing through a system or process. At ThroughPut.ai

Supply Chain Design Software 189

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Optimization 189

Supply Chain Shaman

MAY 13, 2015

So when the warehouse team threatened to unionize, I transferred into a distribution, warehouse environment. I knew nothing about the world of logistics, inventory management and order optimization. I helped to implement early versions of Distribution Requirements Planning (DRP). (I The year was 1985. It was a foreign world.

Supply Chain Design Software 150

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

crisp

OCTOBER 31, 2023

At this time – with a need for visibility into their expanding supply chain – sales and inventory insights were more necessary than ever. Crisp’s KeHE Fill Rate to Stores dashboard helps their team track their products from distribution centers (DCs) to individual stores, so they can closely monitor and prevent out-of-stock situations.

Portland 52

Portland Optimal Sourcing Oregon Waste Reduction 52

Supply Chain Shaman

OCTOBER 29, 2014

The supply chain planning cannot be effective if implemented by a supply chain function that is focused only on customer service, logistics and distribution. It is tough for me to see that nine out of ten companies are stuck, and not making progress, at the intersection of operating margin and inventory turns. The book is a story.

Supply Chain Planning Software 313

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 313

Supply Chain Shaman

JULY 21, 2015

In Figure 1, I share an analysis of user satisfaction of demand, tactical supply, inventory and Sales and Operations Planning (S&OP) technologies using this technique. For me the story is not about the average; instead, I feel that the research insights lie in data distribution. What else do we see in the data?

Supply Chain Planning Software 150

Supply Chain Planning Software Demand Planning Software Supply Chain Software Analytics Software 150

Supply Chain Shaman

NOVEMBER 9, 2014

I had managed factories and distribution centers, and strongly believed that the best supply chain results stemmed from strong, well-run functions. I also believed that this company would have the best inventory and customer service. My favorites are customer service, operating margin, inventory turns, and ROIC. I was wrong.

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

Supply Chain Shaman

OCTOBER 1, 2013

As I write my new book, Metrics That Matter, I am studying the patterns of corporate performance based on choices in supply chain program execution. A company that is effectively working a supply chain strategy will have a nice, neat pattern at the intersection of operating margin and inventory turns. So, what can we learn?

Illinois 252

Illinois Waste Reduction Supply Chain Planning Software S&OP 252

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. The answer, quite simply, is through a relentless focus on resilience across the entire supply chain.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

crisp

SEPTEMBER 27, 2022

They’re also a chaotic time, with inevitable challenges from inventory availability to tighter margins. Remember, your demand plan is the basis of all your holiday season decisions, from inventory levels to retail promotions and beyond. Do we have enough existing inventory and/or production capacity to match these sales plans?

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Scenario Planning Supply and Demand 52

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Aligning metrics matters. Functional metrics in isolation degrade value.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 255

ThroughPut

OCTOBER 14, 2021

Buffers in terms of inventory, capacity planning , and time work well together to eliminate bottlenecks in the construction material supply chain. . Inventory can be optimized using real-time analytics and historical data insights to provide for demand surges. Loss of Vendor Channels.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Resource Reduction Cost Reduction Strategies 52

EazyStock

MARCH 14, 2023

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. What the last recession taught us An article from McKinsey & Company (2022) analyzed the performance of about 40 publicly traded distribution companies during the 2007-2009 recession.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Supply Chain Shaman

JANUARY 31, 2013

I even had one consulting company tell me the other day that the book Bricks Matter has helped him to better understand supply chain excellence. (I While companies have increased Revenue per Employee across the healthcare value chain, the Days of Inventory have increased for suppliers, and there is a shift in power to the healthcare provider.

Turkey 229

Turkey Supply Chain Planning Software Supply Chain Planning Inventory Reduction 229

Supply Chain Shaman

JANUARY 19, 2014

Despite multimillion dollar technology projects, and tomes of strategy documents, they are stuck in their ability to overcome market factors and rising complexity to drive continuous improvement on a portfolio of metrics. I have spent the last month working with clients that are out of balance. They quickly acknowledge that they are stuck.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 278

Supply Chain Shaman

MARCH 6, 2015

We wanted to see which companies were driving the fastest rate of improvement on the supply chain metrics that matter. Note that they are pushing progress faster than their peer group and outperforming in all areas except inventory turns. The company operates 153 distribution centers and 39 manufacturing locations.

Supply Chain Design Software 150

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

GlobalTranz

JANUARY 4, 2017

All these warehouses are used for storage and distribution of finished goods, the six new warehouses are brand new and involves complex operations (full pallet in and mixed pallet out or case deliveries)while the 25 warehouses have more standard /generic operations (full pallet in and full pallet out). Customer metrics. 3PL Answer 1.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

Supply Chain Shaman

AUGUST 14, 2016

The focus is on channel data: price; inventory positions; and policies. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. (The The use of customer segmentation to determine priority in matching inventory with orders during the order cycle. Channel Sensing.

Material Savings 185

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 185

Supply Chain Shaman

OCTOBER 20, 2012

Here is the list: Supply chain technology implementations have reduced inventory. However, based on the research for the book Bricks Matter , I now sadly know that only one of these statements is true. Here they are: The Lie of Inventory Reduction. ” I played three lies and a truth with the group. The reason?

Inventory Reduction 262

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 262

crisp

SEPTEMBER 6, 2023

Environmental Protection Agency (EPA) mandated annual greenhouse gas emissions (GHG) reporting for organizations emitting over 25,000 metric tons of GHGs per year, and those in specific industries like vehicle manufacturing and industrial gas. This allows for easy retrieval and analysis alongside other business metrics.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Waste Reduction Supply Chain Design Software 52

Zipline Logistics

SEPTEMBER 21, 2021

These are report cards that grade suppliers on quality and performance, looking at common metrics like on-time delivery, inventory management, missed shipments, lead time, costs, etc. Retailers’ distribution centers only work with certain carriers. Part of Sam’s compliance program includes an extensive scorecarding component.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction Sourcing Strategies 52

The Logistics & Supply Chain Management Society

JULY 20, 2020

This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging. All of the information about a product, its sub-assemblies, components, and its distribution path to market can all be traced transparently through blockchain. In addition to Industry 4.0,

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Supply Chain Shaman

AUGUST 26, 2015

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). The focus is on the translation of order demand to a distribution centers.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Zipline Logistics

JANUARY 24, 2020

Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. But first, let’s look at the background of OTIF metrics and why they came to be. OTIF metrics are not universal. OTIF Meaning and Background. OTIF means on-time and in-full.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52