Supply Chain Shaman

JUNE 29, 2022

Asset relocation takes time. The availability of capacity in industries like the semiconductor industry is tight. The availability of capacity in industries like the semiconductor industry is tight. The proliferation of products and capabilities is exponential with over 60% of capacity in Taiwan. What to do?

Supply Chain Design Software 251

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 251

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

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

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? In other words, it will be different for every enterprise or organisation.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

GlobalTranz

OCTOBER 6, 2021

With demand for drivers often exceeding availability, shippers find themselves forced to pay more to secure capacity and drivers across many industries. Just a few years ago, many faced repeated price increases of more than 10-15 percent over . This is especially true as peak season continues to grow volatile.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Asset relocation takes time. The availability of capacity in industries like the semiconductor industry is tight. The proliferation of products and capabilities is exponential with over 60% of capacity in Taiwan. But, even then, the relocation of capacity is not a snap of the fingers. Does this solve the problem?

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Supply Chain Shaman

AUGUST 11, 2014

We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement. Resiliency is the tightness of the pattern, or the reliability of operating margin and inventory turns results.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

Unleashed

MAY 30, 2023

Anticipation inventory is the solution to this problem. Read on to learn what it is, how it works, and the pros and cons of this inventory strategy. What is anticipation inventory? What is anticipation inventory? In some cases, anticipation inventory may be purchased ahead of expected cost spikes.

Inventory Reduction 52

Inventory Reduction Inventory Negotiating Skills Purchasing Skills 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

The fact that supply chain appears chaotic, inefficient and slow to market is just the tip of the iceberg. For example, you want to cut costs with a faster courier, or invest in reducing the lead time of your manufacturing. How do you reduce excess inventory if the innovative product is not popular?

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Demand Planning Software 130

BlueYonder

JULY 26, 2022

How can retailers connect the two, so that inventory is optimally located for that final leg of the journey? How can retailers connect the two, so that inventory is optimally located for that final leg of the journey? But these tools and methodologies can only hit their mark if inventory is already close to where demand truly is.

Modeling 62

Modeling Supply Chain Planning Software Optimization Software Optimization Modeling 62

RFgen

JANUARY 23, 2023

Overview: What is mobile device inventory management? With so much information out there about inventory management best practices, it can be hard to determine what steps to take to make improvements. Mobile inventory systems are a proven “must-have” solution for enhancing materials management. bn through 2026. bn through 2026.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Modeling Software 52

ToolsGroup

DECEMBER 20, 2021

Carriers responded by canceling capacity, but demand was back by July, and importers found themselves scrambling for equipment. . When capacity was cut, so too was the empty supply of containers back to Asia. A closer look at higher container costs alone reveal just how much container prices have changed. .

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

Logility

FEBRUARY 24, 2022

One study indicates that 38% of companies hesitate to adopt sustainability initiatives because of the cost. But at the same time, 34% of respondents said they believed a more sustainable supply chain would help them cut costs. times higher than operational emissions. The business case for sustainability initiatives is strong.

Supply Chain Planning Software 205

Supply Chain Planning Software Sustainability Expense Reduction Cost Reduction Strategies 205

The Logistics & Supply Chain Management Society

MARCH 16, 2021

From September to December 2020, China and a few South East Asian countries started to get back to a fair amount of manufacturing capacities and international logistics resumed for essential services, pharma, food, groceries, medical devices, PPE etc. Huge demand supply issues breaking the ever-so-fragile supply chain globally.

Pharmaceutical 246

Pharmaceutical Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 246

ThroughPut

APRIL 15, 2024

It has the power to analyze vast datasets, predict future trends with remarkable accuracy, and adapt to changes in real time, offering businesses a competitive edge. Supply chain forecasting predicts future demand for products and services, inventory needs, and production planning based on historical data, market analysis, and current trends.

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Modeling 52

ThroughPut

FEBRUARY 17, 2022

All these factors create significant pressure on retail CSCOs as they move from deciding not just whether change is necessary, but how to effectively improve the much needed resilience and agility without lowering margins. Demand- driven inventory & capacity planning strategies. Optimised operating costs.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Price Reduction Cost Reduction Strategies 52

Talking Logistics

APRIL 16, 2015

Inventory optimization has always been a challenge while designing and planning a supply chain. A variety of barriers can impact an effective inventory strategy, such as working in functional silos and demand/supplier volatility¹. Asking the Right Inventory Questions. How can I reduce supplier lead times?

Inventory Reduction 100

Inventory Reduction Material Savings Cost Reduction Strategies Price Mitigation Strategies 100

Supply Chain Shaman

MARCH 9, 2020

Time to Sense Market Shifts in the 2007 Recession. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods. While good news travels quickly in an organization, bad news travels slowly. The problem?

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

QAD

JULY 21, 2022

Common results of the bullwhip effect are excess inventory and associated cost increases, lost revenue, unnecessary capacity and a less-than-optimal customer experience. Decades of just-in-time manufacturing have sought to eliminate as much supply chain inefficiency as possible, by tightly matching replenishment to demand.

Price Reduction 95

Price Reduction Inventory Reduction Cost Reduction Strategies Optimal Sourcing 95

ToolsGroup

DECEMBER 20, 2016

Microsoft Dynamics AX is a powerful mid-market ERP platform with the capacity for medium-size companies to expand and transform their businesses. It eats up resources and time, and as the effort grows, drives up total cost of ownership (TCO). For more on this topic, see When SMBs Hit the Inventory Planning Complexity Wall ).

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Planning Scenario Planning Forecasting Software 120

ThroughPut

JULY 7, 2023

Choosing the “just right” product mix that maximizes your revenue would be ideal but unfortunately, it is not as easy as it sounds, especially with the wildly fluctuating customer demand and concurrent market disruptions. This further impacts inventory buffers and free cash flow.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Optimization Expense Reduction 52

ToolsGroup

FEBRUARY 7, 2022

From pet supplies – who doesn’t want a furry remote work friend – to outdoor activities, some initial pandemic shopping trends aren’t going away any time soon. Whether it’s something psychological (is it just me, or does pulling out the laptop feel like “work”?) The Retail Trends Shaping How We Shop in 2022. Ah, the joy of shopping.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Enterra Insights

APRIL 13, 2023

The other side, call it Team Soft Landing, argued that the situation was very different this time.”[1] Correspondent Melissa Repko reports that it might take some time for retailers to figure out how consumers are going to behave over the coming months. ”[1] He asks, “So where does that leave us?”

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Kinaxis

FEBRUARY 8, 2018

According to an Aberdeen Group study , 63% of respondents say they’ve already integrated finance and S&OP to some degree, but only 4% indicate finance is driving that process. Improving inventory management capabilities, with 63% saying they have strong capabilities setting safety stock targets during S&OP cycles.

Modeling 185

Modeling Supply Chain Planning Software S&OP Supply and Demand 185

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes. Supply chains used to live in the past. Not anymore.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Talking Logistics

MAY 13, 2019

I’ve been an industry analyst for over 20 years and achieving timely and accurate supply chain visibility has always been — and continues to be — a top priority for companies across all industries. You’re not just judging the product, you’re judging the experience and the cornerstone of that experience is visibility.

Supply Chain Visibility 195

Supply Chain Visibility Real-time Visibility Supply Chain Planning Software Supply Chain Planning 195

ModusLink Corporation

NOVEMBER 23, 2022

and other delivery firms that struggled with too much pandemic-fueled demand from online retailers like Amazon and Walmart, now have the opposite problem – too much delivery capacity.”. There is no better time to do this than during peak season. What Is E-Commerce Peak Season?

Distribution 78

Distribution Supply Chain Planning Software Warehousing Logistics Network Optimization Software 78

BlueYonder

JUNE 20, 2022

A lot of recent media attention has been devoted to what might be considered “macro” logistics problems, such as port closures, blocked shipping lanes and a lack of ocean container capacity. The study reveals retailers’ key priorities, as well as strengths and weaknesses in their last-mile fulfillment capabilities.

Retail 78

Retail Logistics Network Optimization Software Modeling Optimization Software 78

FLEXE

OCTOBER 11, 2018

As a result, they’re saving 30% on FedEx costs, reducing delivery times by 51%, and reaching 88% of their marketing with two-day delivery. By the Numbers: 51% reduction in delivery times—from 3.5 Get the PDF of Lull’s case study >> Challenges to Order Fulfillment. Here’s how. 6X increase in SKUs.

Case Study 28

Case Study Inventory Reduction Cost Reduction Strategies Resource Reduction 28

Adexa

APRIL 29, 2020

They are responding by, first and foremost, prevention of spreading of the virus; at the same time struggling to match supply and demand. In other words, availability of capacity for non-Covid patients since there needed to be a shift of capacity from one treatment to another. The Problem.

Supply Chain Planning Software 98

Supply Chain Planning Software Modeling Supply Chain Planning Scenario Planning 98

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. So, you are thinking about a career in supply chain? Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

6 River Systems

OCTOBER 14, 2022

Without it, your inventory stays on the shelf, and your customers look elsewhere to get what they need. But just as there are many different businesses and products, each situation requires a different fulfillment strategy. Inventory management techniques. It involves: Inventory management. How automation can help.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

Logility

OCTOBER 24, 2016

Our daughter will be studying Psychology and Spanish. IBP streamlines and synchronizes planning across strategic and tactical time horizons and enables powerful What-If scenario analysis through the combination of both volumetric and financial information. . “young adult”) off to college.

Optimal Sourcing 127

Optimal Sourcing Manufacturing Procurement Forecasting Purchasing Skills 127

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

Supply Chain Matters

MARCH 29, 2022

Just shy of three years ago, athletic and leisure footwear manufacturer New Balance announced plans to build the company’s sixth footwear factory within the United States. In a published Supply Chain Matters at the time , we pointed out that despite knowledge that manufacturing shoes in the U.S. Background. onshore presence.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing Strategies Expense Reduction 52

Logility

MAY 7, 2020

We know the right information can significantly improve a company’s ability to reduce operating expenses, improve customer service and reduce the time needed to respond to market disruptions and opportunities. However, capturing the data you need is just the start of the journey. Organizations are simply overwhelmed.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

SCMDOJO

JULY 7, 2023

This case study delves into Rivian’s journey, from its early struggles to its ambitious growth plans, highlighting the challenges faced, lessons learned, and the symbiotic relationship between Rivian and the town of Normal. Introduction Founded in 2009, Rivian Automotive, Inc. billion in financing.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 99