New Horizon Supply Chain Blog

DECEMBER 8, 2022

Introduction: Why Inventory Balancing? Inventory balancing (also called inventory rebalancing), the periodic transfer of inventory from supply chain locations with too much inventory to locations with too little, is an underutilized supply chain tactic. In such cases, inventory balancing is often the best option.

Boston 52

Boston Inventory Reduction Research Supply Chain Planning Software 52

MIT Supply Chain

DECEMBER 12, 2013

A research project is examining how a food packaging manufacturer can smooth out the demand from one of its largest customers in the region by leveraging supply chain collaboration. An apparel company aims to evaluate the effect on inventory levels of postponing a manufacturing operation.

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Research Malaysia Cost Reduction Strategies Supply Chain Strategy 99

Supply Chain Movement

FEBRUARY 16, 2016

12 | Profile Hans Willems, Vice President Supply Chain Europe, Boston Scientific. A Boston Scientific medical device is used somewhere in the world every two seconds, but the company is much more than a medical device manufacturer. Manufacturers find themselves at a crossroads.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Gartner Agile and Lean Supply Chain 60

Enterra Insights

JUNE 15, 2020

For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers. However, distribution centers may be given the conflicting task of minimizing excess inventory space and cost. Cognitive technologies can improve manufacturing. ” Footnotes. [1]

Columbus 100

Columbus Supply Chain Planning Software Modeling Software Predictive Analytics Software 100

Supply Chain Shaman

JUNE 29, 2014

They came to Boston to tell us the story of Llamasoft. With the purchase of i2 by JDA, and Logictools by IBM, manufacturing companies serious about network design started looking for a company, with a well-established community, that was more serious about network design. It could no longer be just about inventory levels.

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

USC Consulting Group

JULY 21, 2020

Yet for business leaders – especially manufacturers and shippers – the words “unpredictability” and “uncertainty” will likely epitomize 2020, as they’re something organizations continue to experience as the country and consumers emerge from the nationwide lockdown amid supply chain disruption.

Supply Chain Disruption 72

Supply Chain Disruption Modeling Supply and Demand Demand Planning Software 72

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). It was a cold, crisp winter in Boston.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Talking Logistics

MAY 20, 2016

I’m at Heathrow airport waiting to board my flight back to Boston, which is delayed by over an hour so far. The title of my presentation is “A Brave New World: How to Achieve Optimum Supply Chain Performance in a World of Drones, Driverless Trucks, 3D Printing, and Other Emerging Technologies.” E-Commerce Drives Surge in U.S.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Predictive Analytics Software 0

ToolsGroup

JANUARY 14, 2022

BOSTON, January 14, 2022 : ToolsGroup , a global leader in supply chain planning and optimization software, has been recognized by Retail Today magazine as a leader in the Supply Chain category in Retail CIO Radar 2022, a first-of-its kind annual list of most innovative and transformative retail technology solution providers. .’

ToolsGroup 31

ToolsGroup Optimal Sourcing Retail Supply Chain Planning Software 31

ToolsGroup

MAY 7, 2019

American Tire Distributors (ATD) to Highlight How It Worked with ToolsGroup to Tackle Forecasting and Inventory Challenges with S&OP. Our customers consistently see service levels increase while inventory, cost, and waste go down.” On May 14 at 3:50 p.m., About American Tire Distributors. and Canada.

Gartner 24

Gartner ToolsGroup Supply Chain Planning Software Supply Chain Planning 24

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. Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Short cycles require buffer inventories and short lead times.

Supply and Demand 150

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

Supply Chain Shaman

SEPTEMBER 28, 2012

Most companies have made their own organizations more efficient (ROA), but they have not reduced inventories and they have pushed costs back in the supply chain on suppliers that are less able to bear them. Look at the gyrations of Boston Scientific and Eli Lilly for the same period of time. Consider figure 1 re Healthcare.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

Arena Solutions

MARCH 9, 2023

Since 2015, PTC has hosted LiveWorx , a global forum that brings together manufacturing executives, engineers, product designers, quality leaders, supply chain partners, and other like-minded individuals who are focused on harnessing disruptive technologies to manage uncertainty and transform their business.

Supply Chain Design Software 77

Supply Chain Design Software Supply Chain Planning Software Modeling Software Optimization Software 77

ToolsGroup

SEPTEMBER 15, 2020

Global supply chains are fundamentally rearranging and there’s a lot of reflection on how the urge to optimize efficiency (whether it was offshoring manufacturing to keep labor costs down, or making supply chains very lean to cut inventory costs) made supply chains more fragile.

ToolsGroup 234

ToolsGroup Supply Chain Planning Software Supply Chain Software Modeling 234

Arena Solutions

DECEMBER 23, 2021

This article defines engineering change orders (ECOs) and describes the role they play in new product development (NPD) and manufacturing. Download this whitepaper and learn how to accelerate your ECO review and approval cycles. These include manufacturing change orders (MCOs) and document change orders (DCOs). Read This Now.

Manufacturing Procurement 102

Manufacturing Procurement Supply Chain Design Software Cost Reduction Strategies Procurement Solutions 102

ToolsGroup

MAY 18, 2022

This made it incredibly difficult for manufacturers to accurately gauge the market size for production. There are Five Symptoms of Outdated Forecasting and Inventory Planning Software: Have you diagnosed your problem– and solution–to improved demand planning? A Limited Number of Formula Manufacturers.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Pricing Training Purchasing Skills 156

synchrono

FEBRUARY 19, 2018

Through this guest blog series, my intent is to share some of my experiences implementing supplier quality and Lean manufacturing initiatives by focusing on eKanban systems. My first post offered advice for planning an eKanban rollout (advice that could be applied across any Lean manufacturing project). Problem solved.

Manufacturing Procurement 51

Manufacturing Procurement Six Sigma Continuous Improvement Sourcing Strategies 51

6 River Systems

JUNE 29, 2020

” — Alexandra Wrage, How to Mitigate Supply Chain Corruption During High-Risk Periods , ASCM Insights; Twitter: @ascm_org 2. Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. Build flexible supply networks to minimize the risk of disruption.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Unleashed

JANUARY 19, 2023

Learn more: Common Cash Flow Problems & How to Solve Them A product portfolio can provide insights into where your profits and growth potential are highest. It was published by the Boston Consulting Group in 1970, and at one point was used by about 50% of all Fortune 500 companies. This system creates a cycle for consistent growth.

Examples 94

Examples Resource Reduction Inventory Reduction Cost Reduction Strategies 94

Unleashed

DECEMBER 19, 2018

For example, a manufacturer who is selling to a few wholesalers would have sent out a catalogue to them. The wholesalers would then have to call the manufacturer and order over the phone, or via email. For example, a manufacturer might sell through the traditional methods of catalogues. How is B2B evolving?

Manufacturing Procurement 60

Manufacturing Procurement Modeling Software Sourcing Strategies Price Reduction 60

6 River Systems

JULY 25, 2019

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

Supply Chain Shaman

MAY 30, 2019

Meanwhile, turbulence is the norm for manufacturing supply chains. 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. Second Step: Understand the Role of Inventory.

Inventory Reduction 208

Inventory Reduction Waste Reduction Cost Reduction Strategies Sourcing Strategies 208

Logistics Viewpoints

MARCH 17, 2023

Patrick’s Day Boston run, I took my son to his first concert to enjoy the Celtic-punk loudness that is the Dropkick Murphys. The real-time data provided by Tally will give greater visibility into inventory tracking and also unlock efficiencies that enable faster product restocking. But I see one missing category: live music.

Logistics Network Optimization Software 234

Logistics Network Optimization Software Inventory Reduction Waste Reduction Expense Reduction 234