ThroughPut

OCTOBER 16, 2022

Inventory analytics can go a long way in understanding and improving the inventory performance and often done by an inventory manager. Keeping dead stock for longer periods of time (usually beyond 12 months) can add to the dead weight and impact the purchase of similar items in the future, thus hampering overall inventory management efforts.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Enterra Insights

JUNE 25, 2021

”[2] Both Brown and Miller base their predictions on the U.S. Census Bureau’s March retail trade report, which predicted a booming holiday season. That, in turn, implies more premium charges and even higher all-in costs for importers racing the holiday clock, which practically speaking, may be already ticking.”

Supply Chain Planning Software 130

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

Kinaxis

SEPTEMBER 13, 2017

They were one of the early pioneers of voice recognition technology, and produced a device about the size of a small paperback book, that had an active vocabulary from 300 to 10,000 words. The rapid adoption of virtual personal assistants changes shopping habits, just as Uber changed transportation. Verbex had nothing to do with oil.

Supply Chain Planning Software 239

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 239

Supply Chain Shaman

JUNE 9, 2016

Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry. To build this model, I flew to Arizona to develop it with Carol Ptak of the Demand-Driven Institute. Together, we built this model.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply and Demand Modeling 150

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

SCMDOJO

APRIL 15, 2024

Services by Amazon Here are some of the key services offered by Amazon: General public: Amazon.com – an e-commerce platform offering a diverse selection of products such as books, electronics, apparel, and groceries. Pharmacy: Amazon Pharmacy – Online service for purchasing prescription medications with home delivery.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

The Logistics & Supply Chain Management Society

JULY 20, 2020

Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Predictive analytics will quicken demand response and involve product-use insights to improve accuracy against external factors affecting demand (e.g. Efficiency and cost management.

Agile and Lean Supply Chain 230

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

GlobalTranz

DECEMBER 7, 2015

Over the past decade, the application of e-commerce in manufacturing and industrial distribution, has evolved from basic communication and transaction channel between buyer and seller, to an end-to-end collaboration medium between all stakeholders. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

BlueYonder

JULY 28, 2022

This insight comes from the 2022 State of Supply Chain Sustainability Report , presented by the MIT Center for Transportation & Logistics (MIT CTL) and the Council of Supply Chain Management Professionals (CSCMP), sponsored by Avetta, Blue Yonder, C.H. This is the third year of the annual report. Key Themes.

Sustainability 52

Sustainability Material Savings Optimal Sourcing Sourcing Strategies 52

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes. Production and transportation activities are energy-intensive, which also means the potential for implementing greener practices lay here.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Enterra Insights

JUNE 24, 2022

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.” This cuts down on both inventory carrying costs and obsolete inventory, which boosts long-term profitability.”

Supply Chain Design Software 130

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

Logistics Bureau

APRIL 3, 2023

The thing to watch, of course, is whether the labour-cost benefits of offshoring outweigh any increase in the cost of logistics. A lot depends on the location of the markets you sell into and how far your distribution centres are from the contract manufacturer’s country if you keep your distribution in-house.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Supply Chain Shaman

SEPTEMBER 3, 2015

While forecast accuracy, if used well, can reduce safety stock, what I find in the study of the global multi-national is the rise of cycle stock due to increased item complexity, and the increase of in transit inventories due to longer freight lanes and longer cycles in ocean transportation. It was shocking to this old gal.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 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

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. If unable to find a product in store, consumers are quick to turn their attention online and purchase goods there.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

20Cube Logistics

SEPTEMBER 17, 2021

For one, using a company that specialises in logistics means you can leverage its network of warehouses and transportation modes to scale your distribution globally. After you place an order with a vendor, you use the estimated delivery dates to forecast your next order, logistics, and distribution. Supply Chain Forecasting.

Forecasting 52

Forecasting Logistics Network Optimization Software Forecasting Software Purchasing Skills 52

Talking Logistics

DECEMBER 8, 2017

Descartes Integrates Transportation Messaging and Customs Filing with SAP®. As reported by the Wall Street Journal : United Parcel Service Inc. The company said on Wednesday “that soaring online purchases have caused delays in its distribution network,” according to Reuters. Just ask UPS and Walmart.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Purchasing Training Supply Chain Software SAP 0

Supply Chain Opz

NOVEMBER 9, 2014

Therefore, a firm would be well served to develop a supply chain strategy as described in my book: Supply Chain Transformation. In an uncertain environment, affordability and predictability are at a premium, and a supply-chain organization can deliver these through effective management and oversight of its suppliers.

Waste Reduction 274

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

ToolsGroup

JUNE 27, 2022

Vertical integration is defined as the process through which one company gains control over two or more stages of production or distribution in its supply chain. At the back of your supply chain, you’ve got your raw materials being procured. Let’s dive a little further. Let’s use a hypothetical company to illustrate.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

Supply Chain Management and Analytics

JANUARY 3, 2020

A digital twin should enable a thorough evaluation of strategic and tactical options for a supply chain, e.g., network design, strategic sourcing through bids, transportation purchasing, seasonal build-ahead options, seasonal assortment options, etc. Enables representation of operational processes.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Modeling Optimal Sourcing 40

Freightos

DECEMBER 22, 2015

Production Freight Receiving Purchasing Retail Logistics Production: Santa’s little helpers. The production for Christmas Present is one of perpetual flux and readiness, from R&D, sourcing and assembly to distribution. Another story playing out with hoverboards is the potential hazard of cutting corners to save costs.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Software Purchasing Skills Agile and Lean Supply Chain 120

MIT Supply Chain

MAY 8, 2014

Recent reports that Amazon.com is testing its own truck network for the delivery of orders to consumers’ doorsteps surmise, not surprisingly, that the move represents a threat to parcel carriers such as FedEx and UPS. Amazon’s move to distribute groceries is also a step in this direction. The book is available from Amazon, of course).

Retail 88

Retail Material Savings Manufacturing Procurement Journal 88

NC State SCRC

MARCH 9, 2016

An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. Much of the book was written based on my own recognition that the field needs to change. The principles at the time were certainly appropriate.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

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

ThroughPut

MARCH 6, 2024

The transportation and logistics industry has witnessed a profound transformation over the past few years, driven by a mix of industry disruptions and emerging innovative technologies. In other words, the need to integrate AI in transportation and logistics is no longer an opportunity but a necessity.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Inventory Reduction Cost Reduction Strategies 52

CH Robinson Transportfolio

APRIL 20, 2020

For example, if your dock space is limited, a regular schedule through the consolidation program eliminates the need to accommodate pickups of small order quantities from multiple transportation providers. It’s also a solid cost-saving initiative for less-than-truckload or order level business.

Inventory Reduction 44

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 44

Supply Chain Matters

MAY 13, 2022

Online commerce platform provider Shopify , often compared to Amazon in the ability to support small and mid-sized businesses create and maintain an online shipping presence, announced thi9s week its intent to acquire end-to-end online logistics San Francisco based fulfillment provider Deliverr for a reported $2.1 wide fulfillment centers.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Supply Chain Software 52

Talking Logistics

DECEMBER 11, 2014

But as I wrote back in April 2013 , “If you look closely, Amazon’s real advantage comes from its logistics assets — the 89 distribution centers it [had at the time], including 20 opened [in 2012], with more scheduled to open in the months ahead. Big Data and Analytics for Oil and Gas Transportation.

Predictive Analytics Software 202

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 202

Locus

JUNE 23, 2023

Shipping the order The packaged orders are transported from the warehouse to the final customer destination during this stage. Read Also: How to manage your Logistics during America’s Holiday Season Also, it can drop ship bulky, non-custom, and oversized items directly from the manufacturers, which customers purchase irregularly.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Vendor Strategies 52

Precoro

NOVEMBER 23, 2022

Three-way matching is an essential step in the procurement flow process that involves cross-referencing three critical documents – purchase order, receipt, and vendor invoice – to determine whether an invoice should be paid. First, the corresponding purchase order is located. What Is Three-Way Matching? What has been delivered?

Procurement Solutions 98

Procurement Solutions Pricing Training Procurement Analytics Purchasing Skills 98

Supply Chain Opz

JUNE 1, 2014

Its automated distribution centers are strategically located between the center of populations so products are delivered to stores quickly. The reason why they can do this is that customized products are sold directly to customers so they have the higher profit margin to compensate the higher transportation cost.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

ThroughPut

APRIL 13, 2021

Some of the major challenges faced by the food and beverage industry include: Determining consumer consumption Bottlenecks in productivity that hinder production capacity Resource cleaning Distribution shelf-life management Varying times of dispatches in a day. Book your demo today ! Tool Capacity Planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Capacity Food 52

ThroughPut

APRIL 13, 2021

Some of the major challenges faced by the food and beverage industry include: Determining consumer consumption Bottlenecks in productivity that hinder production capacity Resource cleaning Distribution shelf-life management Varying times of dispatches in a day. Book your demo today ! Tool Capacity Planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Capacity Food 52

Freightos

APRIL 16, 2015

Barrett Distribution , @barrettdc ]. Automated vehicles means safer transportation, 24/7 operations and less deadhead operations. Last-mile shipping will change as people expect goods to be delivered to people, likely based on live location reporting from their cellphone. Supply Chain Today in Freightos, @SCMProfessor ].

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Software Optimization Software Supply Chain Network Software 120

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. Who trusts analytics?

Inventory Reduction 78

Inventory Reduction Inventory Inventory Management Software Modeling 78

Tompkins Blog

APRIL 2, 2014

Distribution Operations. Consortium Report. Supply Chain Planning. Supply Chain IT Systems. Material Handling Integration. Special Services. Benchmarking & Best Practices Consortiums. Our Focus Industries. Consumer Products. Pharmaceutical & Healthcare. Third-Party Logistics. Our Thinking. Client Success Stories. White Paper.

Demand Planning Software 40

Demand Planning Software Supply and Demand Supply Chain Design Software Network Design Software 40

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 261