Hans Willems, Boston Scientific: “We’ve now evolved into a solutions provider”

Supply Chain Movement

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. In the late 1970s, Boston Scientific’s initial success was built on guide catheters and balloon catheters for coronary artery treatments.

A Q&A with Stanley Black & Decker and Boston University on Inventory Optimization

Logility

Inventory optimization (IO) has become an increasingly important topic of late as companies try to balance inventory (amount, location, etc.) For one, more than 60% of the attendees responded they perform “less than optimal” inventory optimization.

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“Storage Wars” Rescues Supply Chain Ignominy

Kinaxis

Up until this past year, my greatest “ah-ha” moment was watching my Boston neighbor walk away with my Arians Platinum 20-SHO snow blower. But, in Boston, we had this dirty little secret. In Boston, we had an “ATTIC”. by CJ Wehlage. Take a good long look at this picture.

The Next Great Disruption Coming to Supply Chains

Kinaxis

I watched a TED Talk video by Philip Evans, from Boston Consulting Group and shuddered to think that all our traditional fulfillment and inventory models can be drastically transformed by the “consumer”.

Expert Interview: Inventory Optimization

Logility

Inventory Optimization (IO) is a loosely used term in the industry. You’ll see it used to describe tactical inventory management, warehouse operations and strategic network assessments as well as used to describe single stage as well as multi-echelon environments.

Avaya’s Four-Year Journey to a Best-in-Class Supply Chain – SupplyChainBrain & Kinaxis Video Series

Kinaxis

Green says the company has had “a lot of success,” delivering its best-ever run times and inventory turns. General News Sales and operations planning (S&OP) Supply chain management Aid effectiveness Asia Best practice Boston BT Group Business administration Customer service Depreciation Supply chain by Melissa Clow SupplyChainBrain attended our annual Kinexions user conference, and while there, they completed a number of video interviews with our customers.

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Supply Chain Movement 20 – Trends & Consulting

Supply Chain Movement

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. Contents Supply Chain Movement 20 – 2016 Q1.

Ask the Expert: Three Questions on Inventory Optimization for Sean Willems Ph.D.

Logility

Interest in inventory optimization continues to increase as companies seek a more efficient way to reduce excess inventory while maintaining or improving customer service levels. What’s the most common misperception C-Level execs have regarding inventory optimization?

Allopneus.com Optimizes Inventory and Improves Competitiveness with ToolsGroup

ToolsGroup

ToolsGroup supply chain planning software allows Allopneus.com to improve inventory quality while reducing storage space at its national distribution center by almost 20%. Inventory management is the key. NEWS RELEASE.

Ask the Expert: Three Questions on Inventory Optimization for Sean Willems Ph.D.

Logility

Interest in inventory optimization continues to increase as companies seek a more efficient way to reduce excess inventory while maintaining or improving customer service levels. What’s the most common misperception C-Level execs have regarding inventory optimization?

ToolsGroup Named a Leader in IDC Marketscape for Worldwide Supply Chain Inventory Optimization

ToolsGroup

BOSTON (December 13, 2019) ToolsGroup, a leader a global leader in supply chain planning software, has been named a leader in the IDC MarketScape: Worldwide Supply Chain Inventory Optimization 2019 Vendor Assessment. PRESS RELEASE.

Multi Currency ERP for Small Businesses – EMERGE App

EMERGE App

Boston Consulting Group – Cross-Border Payments presentation by Sukand Ramachandran, Sibos, Boston 2014). We’ve got you covered if you’re using an inventory management system like EMERGE App. Inventory Reports | Inventory Management Tips for Small Business

The Supply Chain Can?t Stop: A story from the front lines at Ken?s Foods

Elementum

Today, they produce and package over 1,000 varieties of dressings and sauces — including category leader, Sweet Baby Ray’s barbecue sauce — across 4 plants near Boston, Indianapolis, Atlanta, and Las Vegas. inventory management manufacturing

The Inventory Optimization Spreadsheet Gap

Logility

Consumer Goods companies appear to be “tool-challenged” when it comes to inventory optimization (IO). ” Four statistics pulled from this report deliver a clear message regarding the industry’s need for better inventory optimization tools.

Epitaph

Supply Chain Shaman

They were born from well-intentioned, bright professors from great schools – Boston College, Carnegie Mellon, and Massachusetts Institute of Technology (MIT )– in operations research. It was called multi-enterprise inventory optimization. In the beginning, the inventory management solutions of LogicTools , Optiant and SmartOps pushed to take operations research to a new level through supply chain optimization. Inventory is now the primary supply chain buffer.

Five signs its time for supply chain transformation

Kinaxis

Leaders from Bose, Boston Scientific and ON Semiconductor shared key lessons from their supply chain transformations, including what led them to consider change. Purchasers don’t have visibility into existing inventory. by Sarah Harkins In spring, the flowers bloom.

ToolsGroup to Take the Stage with Lennox at American Supply Chain Summit

ToolsGroup

BOSTON (April 17, 2019) – ToolsGroup, a global leader in supply chain planning software, today shared it will exhibit and present at the American Supply Chain Summit 2019 , taking place April 25-26 in Dallas. Ron Ehrenberg, Inventory Optimization Lead for Lennox and Bobby Miller, Sr.

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Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

I gave thanks when the Patriots jet—championed by Mass General and Robert Kraft (owner of the Patriots)—landed in Boston with a million masks. Instead, use demand sensing technologies to detect patterns with minimal latency into inventory requirements. Evaluate Inventory.

ToolsGroup Promotes Mauro Adorno to Managing Director of Europe

ToolsGroup

BOSTON (July 30, 2019) – ToolsGroup, a global leader in service-driven supply chain planning software, has promoted Mauro Adorno to managing director of Europe. Our customers overcome demand volatility and supply chain complexity for outstanding service levels with reduced inventory.

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Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

BOSTON, Mass. Our customers overcome demand volatility and supply chain complexity for outstanding service levels with reduced inventory. Founded in 2002, Spinnaker has offices in Boston, Columbus, Denver, Houston, Memphis, Pittsburgh, London, and Singapore. PRESS RELEASE.

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ToolsGroup’s COVID-19 Action Center Offers Support for Swift and Efficient Response to Supply Chain Disruptions

ToolsGroup

BOSTON (May 5, 2020) ToolsGroup, a global leader in supply chain planning software, today announced a new online COVID-19 Supply Chain Action Center and resources to help companies quickly respond to Coronavirus risks and speed supply chain recovery. With ToolsGroup, the company can see all inventory by warehouse, location and item, in near real time. It gives you great visibility of the whole inventory.

Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

Kearney, Boston Consulting Group, Cap Gemini, Deloitte, E&Y, IBM, and McKinsey, they get more of the same. There is no logical connection between inventory strategy and logistics optimization or the multiplicity of rules—allocation, ATP, inventory matching, routing—and planning engines.

The Difference between Multichannel, Omnichannel and Unified Commerce. And Why It’s Important.

ToolsGroup

Each operation is managed as a silo, with its own processes, infrastructure, inventory and revenue targets. So, the while the front end looks great, the shopping outcomes may not always be successful due to poor internal optimization, including inventory management and demand forecasting.

Why CPG Demand Forecasting Has Hit a Ceiling

ToolsGroup

Boston Consulting Group talks about how the “endless aisles” of the internet and omni-channel sales increase product assortment. They don’t know how to segregate, forecast or inventory these “extreme error” items. Leverage Inventory More Effectively.

Guest Blog: Real-world Advice for Getting Started on eKanban

synchrono

reduced inventory waste and carrying costs and more) asking people to change the way they work is also real. There is a real cost of carrying inventory and eliminating this cost frees up accessible cash that can be reinvested into the company. by Jim Shore.

This Week in Logistics News (January 31 – February 6)

Logistics Viewpoints

Still dealing with the aftermath of the Blizzard of 2015, the Boston area was pounded by another major snow storm. Consumer Packaged Goods (CPG) EU Global Trade Inventory Management Omni-channel logistics Retail This Week in News It’s been a crazy week around these parts.

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MEIO By the Numbers

Logility

100 million – Amount Proctor & Gamble saved in just the beauty division from multi-echelon inventory optimization ( Link ) ( Video ). $50 50 million – Total savings HP realized from MEIO as well as a 30% inventory reduction ( Link ). The Good.

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5 Key Trends Driving Supply Chain Innovation

Talking Logistics

2 Real-time Network Inventory Control and Planning. Too often we think about inventory in a linear way. We have suppliers that provide the inventory to select warehouses and these warehouses supply customers at the appropriate time and place. Will they share inventory?

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ToolsGroup Names David Barton General Manager of North America

ToolsGroup

BOSTON (May 13, 2019) – ToolsGroup, a global leader in supply chain planning software, announced today that David Barton has joined ToolsGroup as the new general manager of North America. Barton will work from ToolsGroup’s Boston headquarters. “I’m

Sales and Operations Planning Summit

Logility

Last week I attended the Sales and Operations Planning Summit in Boston. Talk in the lobby confirmed that one of the highlights was the session conducted by Logility's Sean Willems, Chief Scientist, Inventory Optimization Solutions.

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Wholesale Distribution: Any Way You Want It?

Logility

The groups on my most listened to playlists include Boston, REO, Rush, Kansas, Styx, Van Halen, Eagles, Foreigner and The Police, just to name a few. Optimize Your Inventory: Too much inventory leads to discounting, obsolescence and write-offs.

ToolsGroup to Highlight Service-Driven Supply Chain Planning at Gartner EMEA Supply Chain Executive Conference 2019

ToolsGroup

MANN+HUMMEL to Present How It Partnered with ToolsGroup to Increase Fill Rate and Cut Inventory. ToolsGroup takes a fundamentally different approach by helping companies optimize service mix across products to maximize service and minimize inventory.

3 Lessons from Gold and Silver Pawn: This… is Supply Chain, This… is Pawn Stars

Kinaxis

by CJ Wehlage If you read my prior blog, “ Storage Wars rescues supply chain ignominy ”, you would have seen my garage after I moved from Boston to San Diego. Every box we collected for 16 years, stuffed in the Boston attic.

Defining Supply Chain Excellence: One Column at a Time

Supply Chain Shaman

Instead, what I observed when I looked at the data, was that most companies that I had worked with (in my role as an industry analyst, I had worked with over 300) were going backwards on margin and inventory turns. “Lora in your own way, you are helping. You tell it straight.

A Collection of Bad Supply Chain Poems

Kinaxis

Carl was an Inventory Manager. PLAN ning to reduce inventory by 10%, Carl, the inventory manager, DO es it using RapidResponse. Excerpt from “The tragedy of the Inventory Planner, prince of Warehousemark”, Act III. The Rise of the Inventory Planner.

[e-Book] The Essential Guide to Inbound Freight Management

Cerasis

Depending on the industry and size of the company, a business can spend more than 40% of its annual freight budget on inbound shipping, according to the Aberdeen Group, a research firm in Boston. How Big Is the Problem Of Inbound Freight Management? Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. If you’re looking to save costs on shipping, take a look at inbound shipping.

The Efficient Frontier Awaits

Logility

I am going to use the “efficient frontier” concept in inventory optimization as an example. There is a natural trade-off between service level and inventory cost. A full Multi-Echelon Inventory Optimization (MEIO) initiative can do this.