ThroughPut

OCTOBER 16, 2022

Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. INVENTORY STRATEGY. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

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. If you are going to be excellent at ecommerce fulfillment, you need to have great perpetual inventory capabilities. No matter where inventory is, put it to work. Don’t fool yourself.

Packaging 290

Packaging Inventory Reduction Supply Chain Design Software San Francisco 290

Supply Chain Shaman

AUGUST 12, 2020

Heavily booked and running from meeting to meeting, I was late. The topic of the meeting was the logistics to launch of the AMR Research Top 25. The first step was to charter a research project with the Arizona State University statistics department to analyze which combination of metrics drives the highest market capitalization.

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

Talking Logistics

JULY 6, 2017

Defining Smarter Logistics. The shipping industry is highly complex and nuanced; improving predictions requires a platform custom built for the logistics industry. . This is the power of predictive logistics. . Today, the answer is very different: shippers and service providers must operate smarter, not bigger.

Predictive Analytics Software 101

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

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 89

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 89

Locus

OCTOBER 5, 2021

With the supply chains of all businesses going through a transformational shift, it is important for them to make tough decisions concerning logistics models. Before the pandemic, fixed logistics had held a comparative advantage for gaining a larger customer base. What is fixed logistics? What is flexible logistics?

Modeling 52

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 52

The Logistics of Logistics

FEBRUARY 1, 2021

He has managed onshore/offshore/war zone logistics as well as batch, continuous, and discrete manufacturing setups. Throughput can be calculated as Inventory = Rate multiplied by Time, where “rate” is the throughput. The Logistics of Logistics Podcast. Ali Raza is the Founder and CEO of Throughput, Inc., At ThroughPut.ai

Supply Chain Design Software 189

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

GlobalTranz

DECEMBER 27, 2017

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. This year, most were interesting in supply chain optimization - from distribution to inventory management - and Key Performance Indicators.

Supply Chain Software 151

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

Silvon Software

AUGUST 8, 2022

Logistics disruptions, production delays, an over reliance on 3 rd parties, and labor market shortages are just some of these challenges. Supply chains also have the added complexity of numerous other data sources being generated from extended partners in outsourcing, logistics, and distribution.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

ThroughPut

OCTOBER 14, 2021

To marshal worldwide objectives of scalable and transformative urbanization, cement manufacturers need to look at intelligent supply chain logistics. Conventional mechanics of cement logistics planning no longer apply in a situation that demands exponentially high delivery rates to match its consumption estimates.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Resource Reduction Cost Reduction Strategies 52

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

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

Talking Logistics

JANUARY 5, 2014

If you’re a supply chain or logistics executive and you’re looking for ways to improve as a leader this year, here are my five recommendations: 1. You have to equate the value proposition to metrics the CFO understands and cares about, such as working capital, cash flow, and other items linked to the company’s P&L and balance sheet.

Logistics Network Optimization Software 178

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 178

Supply Chain Shaman

JUNE 5, 2013

Integration of corporate social responsibility metrics in planning. Most often the focus is on transportation or logistics, but does not take into consideration the trade-offs between make, source and deliver. There is a lack of clarity on what drives value and metrics are functional. Focus on the level of inventory.

Supply Chain Planning Software 220

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 220

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Pre-Procurement Before commencing on a Procurement Exercise, it’s important to collaborate with internal stakeholders, including procurement teams, logistics departments, and related teams, to ensure alignment on objectives, requirements, and budgets. A culture of continuous improvement is one which help foster trust and partnership.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Supply Chain Shaman

MARCH 19, 2014

When I wrote the book Bricks Matter , I wanted to write a celebratory book on why the adoption of new technologies and practices in supply chain had improved corporate performance. Resiliency is the pattern at the intersection of operating margin and inventory turns. But the data could not support the promise.

Gartner 316

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 316

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. Now that you know how to access your retail data easily and often, here are the metrics you’ll want to keep on hand: Velocity. Retail data: A brand’s greatest asset. Supply Chain.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Data Waste Reduction 98

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

TMC

NOVEMBER 18, 2015

As I explain in my book, The Power of Resilience: How the Best Companies Manage the Unexpected (MIT Press, October 2015), companies can improve their disruption detection capabilities in a number of ways. Companies can then prioritize their mitigation efforts based on parameters such as value-at-risk, customer importance, and field inventory.

Metrics 67

Metrics Supply Chain Planning Software Forecasting Software Supply Chain Software 67

Zipline Logistics

SEPTEMBER 21, 2021

Sam’s Club launched its OTIF program in the spring of 2018, following the logistics compliance precedent set by Walmart. 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.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction Sourcing Strategies 52

Talking Logistics

JANUARY 4, 2016

Did you come up with any New Year’s resolutions to improve as a supply chain and logistics leader this year? From “5 New Year’s Resolutions for Supply Chain & Logistics Executives” originally published on January 14, 2014: 1. If you have your own list of resolutions, please post a comment and share. Ask “What are the risks?”more

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Supply Chain 100

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

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

Supply Chain Shaman

MAY 13, 2015

I knew nothing about the world of logistics, inventory management and order optimization. From the research, we know that when organizations have source, make and deliver reporting to the same leader, that supply chain performance improves (intersection of operating margin and inventory turns). The year was 1985.

Supply Chain Design Software 150

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

SCMDOJO

JANUARY 23, 2023

We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field. From foundational reads to more advanced topics, these books will help you start your journey into the world of supply chain analytics!

Prescriptive Analytics Software 119

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 119

The Logistics & Supply Chain Management Society

JULY 20, 2020

Team re-building, split of responsibilities/tasks, border closure challenges, quick navigation of stock management, prioritisation of logistics to consumer needs and coordination with partners upstream and downstream. This boosts revenues and optimises inventory. In such situations, leaders need to be very well organised.

Agile and Lean Supply Chain 230

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

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. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

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

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. I sadly found that this was not the case. Facing the Issue.

Supply Chain Planning Software 287

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 287

Supply Chain Shaman

AUGUST 11, 2015

The value network of suppliers and logistics providers is largely managed by spreadsheets and email with no system of record for interactions. Focus on Multi-Tier Inventory Management. The management of the forms and function of inventory and the design of the network are paramount to buffer risk. Technology has not caught up.

Supply Chain Design Software 150

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

GlobalTranz

JANUARY 4, 2017

When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider. 3PL Answer 1.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

ToolsGroup

JULY 11, 2017

It’s a problem of “lost in translation”—the differing lingo used by the finance side versus planning, supply, production and logistics. Gartner recommends multiplying the planned unit volume: by price to generate monetized revenue plans, by cost to generate monetized inventory plans, by margin to generate monetized profit plans.

S&OP 92

S&OP Supply and Demand Inventory Reduction Price Reduction 92

Logistics Bureau

JULY 18, 2018

It would be tempting to think of reverse logistics as forward logistics done backwards. Reverse logistic isn’t simply a reverse gear. Reverse logistics can also have a dramatic effect on steering a company’s fortunes. Reverse logistics is therefore worth doing, and worth doing properly.

Reverse Logistics 40

Reverse Logistics Logistics Network Optimization Software Logistics Vendor Strategies 40

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

Zipline Logistics

JANUARY 24, 2020

Logistics is a critical function for CPG suppliers selling into big-box retail locations. Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. We have a few tips on how to make logistics improvements to increase OTIF performance.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

Logistics Bureau

OCTOBER 9, 2017

KPIs in Logistics: Customer satisfaction and costs are two vital measures for supply chains and logistics as well. To check up on our performance in managing costs, a key performance indicator can be the amount of inventory we have in stock. A Detailed KPI Explanation: Inventory Days. A Golden Rule for Using KPIs.

KPI 40

KPI Supply Chain Planning Supply Chain Metrics 40

NC State SCRC

MARCH 25, 2021

This monster ship, which is as long as the Empire State Building and weighs about 200,000 metric tons, became stuck due to high winds, and no one seems to be able to get it out. Any asset that is not producing value is considered waste, and a fundamental of “lean thinking” is that inventory is waste, and time is money.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52