Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. The Company implemented SAP Advanced Planner and Optimizer (APO) including the standard functionality of Demand Planning (DP), Supply Network Planning (SNP), and Production Planning and Detailed Scheduling (PPDS), yet many planners also used Excel.

Demand Planning Software 322

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 322

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. He felt that inventory was no problem, he would just cut it at the end of each quarter to make the balance sheet goals.

Agile and Lean Supply Chain 362

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 362

Logistics Viewpoints

DECEMBER 12, 2022

At Dow, Mr. Baker had Purchasing experience in raw materials, and logistics for their plastics supply chain. S&OP is the key process in effectively balancing supply – what can be made – with demand – what customers want to buy. Typically, supply chain planning drives significant reductions in inventory.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 261

IQMS

MARCH 24, 2023

Inventory is typically one of a manufacturer’s top three investments, making it a central factor in the business’ success. Too much inventory wastes capital; too little inventory delays production. Let’s look at common inventory management challenges and how they can be addressed using a manufacturing ERP system.

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Manufacturing Procurement 52

Supply Chain Shaman

JUNE 29, 2022

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. The availability of capacity in industries like the semiconductor industry is tight.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

RFgen

DECEMBER 19, 2024

By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game. Essential technology solutions, including Warehouse Management Systems (WMS), Inventory Management Systems (IMS), and the transformative power of IoT and automation.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The total cost of ownership analyzes the total costs of the buying decision.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Logistics Viewpoints

APRIL 25, 2024

So, the parking spots are getting more and more occupied with drop trailers, meaning lot capacity shrinks while finding the trailer with the highest-priority inventory becomes even harder. Create a facilities “Center of Excellence.” Problem number three: appointment scheduling is a mess.

Expense Reduction 312

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 312

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Inventory Cost Reduction Strategies 156

Logistics Viewpoints

APRIL 29, 2022

Amazon announces new changes to inventory limits. It includes free shipping of online purchases, free grocery deliveries to the home for orders of at least $35, prescription discounts and other benefits. Existing inventory that fits the qualification for the extra-large storage type will automatically be reclassified as extra-large.

Logistics Network Optimization Software 245

Logistics Network Optimization Software New York City Logistics Inventory Reduction 245

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? But consider, too, how you can turn those needs to your advantage in inventory management.

Inventory Reduction 75

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 75

Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Getting the Right Tools for the Job.

Inventory Management Software 124

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 124

AIMMS

OCTOBER 22, 2019

We spoke with David Mackenzie , Transformation & Inventory Director at BT, to learn more about this shift and the role AIMMS has played in enabling it. The other part of my role is supporting the inventory management functions within BT Group, driving decision-making around what we buy, when we buy, and where from.

Supply Chain Design Software 240

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software AIMMS 240

Logility

DECEMBER 15, 2023

With the combination of advanced inventory management, modern demand planning, and a finely sales and operations process, F&B businesses can navigate fluctuating customer demands, stringent regulations, and a steady flow of new product launches. The time is ripe to move forward with supply chain transformation.

Optimal Sourcing 176

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 176

ToolsGroup

FEBRUARY 5, 2019

Gartner analyst Paul Lord has developed a framework to better understand inventory trade-offs by categorizing those decisions according to the objectives they are meant to achieve: structural, operational and situational. Many companies struggle with decisions such as “How many days of sales or inventory turns per year should we target?

Supply Chain Design Software 120

Supply Chain Design Software Optimal Sourcing Supply Chain Design Inventory Reduction 120

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The focus is on channel data: price; inventory positions; and policies. Customer-Centric Supply Chain Processes. The Building Blocks.

Material Savings 246

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 246

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down.

Forecasting 271

Forecasting Forecasting Software Modeling Optimal Sourcing 271

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. Time horizon. The takeaway?

Supply Chain Design Software 207

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 207

o9 Solutions

MAY 6, 2025

Nearly three years later, Comcast has moved from fragmented, Excel-based processes to an integrated, AI-powered planning platform. We used the people that we acquired from fourteen different regions and three different divisions… and we reduced inventory and spend by hundreds of millions of dollars.”

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Inventory Reduction Vendor Strategies 52

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. 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

BlueYonder

APRIL 24, 2025

Inaccurate forecasts lead to either excess inventory or stockouts, causing increased costs, an abundance of stock that cannot be sold, lost sales and customer dissatisfaction. Efficient inventory turnover is crucial in the fast-paced high-tech industry. End-to-end supply chain visibility. Sustainability and circular supply chains.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Modeling Agile and Lean Supply Chain 89

Kinaxis

AUGUST 24, 2015

It never ceases to surprise me when I hear how many enterprises entrust a mission-critical task to the desktop spreadsheet software Excel®. So what’s wrong with Excel? For example, with Excel you can’t easily: Integrate information from many sources. The post Excel, ERP and Legacy Apps, Oh My! Download your own copy here.

S&OP 100

S&OP Supply Chain Planning Software Supply Chain Design Software Forecasting Software 100

Supply Chain Opz

NOVEMBER 9, 2014

Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. Risk pooling is considered the most important concept in supply chain management as it governs the tradeoffs in inventory management and leads to effective strategies such as push/pull and postponement.

Waste Reduction 274

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

Unleashed

NOVEMBER 28, 2022

Inventory replenishment is reordering stock in the right quantities, at the right time. Too much inventory can increase costs, limit cash flow, and leave you with expired stock. In this inventory replenishment guide: What is inventory replenishment? Bulk buying can also provide leverage for discounted delivery costs.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 98

IQMS

JULY 29, 2022

Solve Scheduling Constraints to Put Customers First It’s a sure sign that a manufacturing business needs to upgrade from a manual to an automated production scheduling system when labor, supply chain, and inventory constraints become too complex to manage with spreadsheets and whiteboards.

Forecasting Software 52

Forecasting Software Demand Planning Software Forecasting Supply Chain Planning Software 52

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Precoro

OCTOBER 24, 2022

Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Purchase requisitions and orders, receipts, invoices, and other documents must each contain specific information, often legally binding. Low-Quality Documentation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Optimal Sourcing 98

SCMDOJO

APRIL 11, 2025

Businesses may struggle to balance inventory, increasing the likelihood of either overstocking, tying up valuable capital and incurring storage costs, or understocking. Double-Edged Sword of Inventory Management: Declining demand presents a significant dilemma for inventory management. scenarios of -20% and +20% change).

Supply Chain Planning Software 69

Supply Chain Planning Software Inventory Reduction Waste Reduction Supply Chain Design Software 69

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Logility

AUGUST 12, 2021

Most companies understand that accurate forecasts are a critical part of minimizing inventory, maximizing production efficiency, streamlining purchasing, optimizing distribution, minimizing waste, and projecting future performance confidently. Advanced Inventory Management. Preparing for Market-Driven Demand.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. A Value-Added Service (VAS) team can provide on-site management, installation, equipment, inventory management (just-in-time deliveries), heating solutions, and testing.

Optimal Sourcing 189

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 189

Talking Logistics

DECEMBER 6, 2018

As consumers continue to purchase goods at greater frequency and trade regulations become more complex, supply chain professionals are striving to establish end-to-end control of their business operations. So, if visibility is a key element of success, how does an organization obtain it and excel? Better visibility, more value.

Real-time Visibility 165

Real-time Visibility Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain 165

Supply Chain Movement

AUGUST 25, 2022

For many CFOs, the question is no longer whether there will be a recession, but when it will hit and how long it will last… and how it will affect inventory. The shortages have caused panic buying, with people rushing to buy more before the costs go up again. And who has the best view of inventory and the associated trends?

Inventory Reduction 88

Inventory Reduction Inventory Material Savings Eliminating Excel in Purchasing 88

Logility

AUGUST 24, 2023

Your Comprehensive Guide to Production Planning Software The benefits of production planning software vs scheduling are about the granularity of the plan: capacity plans (or master production schedules) are not granular and factor in less granular things, like high level capacity, forecasts, inventory, and transfer times.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 147

Supply Chain Shaman

DECEMBER 30, 2021

meters draft, and cargo capacity up to 14,000 twenty-foot equivalent units (TEU); previously, it could only handle vessels up to about 5,000 TEU. There is not a one-to-one relationship between a container and a purchase order. The average purchase order changes 3-4X before shipment. Break your dependency on Excel Spreadsheets.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

Supply Chain Opz

OCTOBER 10, 2014

For example, if your Supply Chain work has reduced inventory turns or resulted in savings, you want to make sure your resume spells that out loud and clear. If you’re an inventory planner, how many SKUs did you manage? It is the quickest and simplest way to help an employer buy into you and answer the common interview question ‘so….

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 271