Logistics Viewpoints

DECEMBER 12, 2022

Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company. 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.

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

Supply Chain Shaman

JUNE 23, 2020

I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). Ecolab, L’Oreal, and TJX are exceptions.

Supply Chain Design Software 292

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 292

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. The reason? Is this leadership?

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

Supply Chain Shaman

JUNE 14, 2018

Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence. More Data Has Not Resulted In Improved Results. Today, over 90% of companies have deployed ERP and APS, but as shown in Table 1, inventory levels have grown not decreased in over 80% of industries studied.

Optimal Sourcing 171

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 171

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

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. Refractories are products that have been chemically engineered to resist high temperatures. Their goal was to build an infrastructure around applications based on one data model.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

Supply Chain Shaman

JUNE 21, 2023

We find that the companies with the most marked improvement in a balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) are smaller and less well-known. For example, Monster Beverages beats Coca-Cola and PepsiCo, while Celanese outperforms Dow Chemical. A Focus On Risk.

Gartner 365

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 365

Supply Chain Shaman

FEBRUARY 18, 2013

This data will be combined with the financial ratio data and published in an Open Content Research report in April on the Supply Chain Insights Community. Pharmaceutical companies are struggling with falling margins and rising inventories. However, most do not realize that the Days of Inventory for the industry has grown 33%.

Pharmaceutical 169

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 169

RFgen

MARCH 12, 2024

In inventory management, the FIFO (First-In, First-Out) method takes center stage, offering a performance of unmatched clarity and efficiency in the world of stock control. Imagine your inventory as a flowing river, where the oldest water—your earliest products—moves forward to be used first, ensuring nothing stagnates or loses its relevance.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Inventory Management Material Savings 78

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.”

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

OptiProERP

JANUARY 7, 2020

This blog is part of a three-part series on how cloud ERP enables manufacturers to achieve operational excellence. These topics and more are covered in our Achieve Manufacturing Excellence with Cloud ERP: A Practical Guide for Small and Midsize Manufacturers. . – Jack Welch, Former General Electric CEO, author and chemical engineer.

Real-time Visibility 72

Real-time Visibility Optimal Sourcing Manufacturing Procurement Material Savings 72

Supply Chain Shaman

JANUARY 18, 2016

Customers are buying less. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The data sets are larger and more complex. Disintermediation.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

Supply Chain Shaman

AUGUST 26, 2015

News anchors broadcast real-time data on the stock market, and while there are many commentaries on the positives and the negatives, what is clear is we are in a period of change and uncertainty. They wanted to know, “ How was the market affecting the chemical supply chain?” The water cooler is buzzing. They are not.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Arkieva

JUNE 28, 2016

Sales and Operations Planning (S&OP) is a continuous business process that enables firms from hospitals to chemicals to respond to emerging situations intelligently. Our focus today is to discuss the relevance of buzz words such as Analytics, Predictive Analytics, Data Science, and Machine Learning, for S&OP.

S&OP 63

S&OP Procurement Analytics Analytics Software Supply and Demand 63

Supply Chain Opz

JULY 15, 2018

For example, - In some industries such as steel, chemicals, and other heavy industries, products are highly commoditized. So we decide to collect the new data as below, - First, we gather the list of Amazon Top 100 customer service, customer experience, sales management, and public relations. One of our readers asked.

Customer Service 100

Customer Service Six Sigma Agile and Lean Supply Chain Purchasing Skills 100

Supply Chain Shaman

JANUARY 8, 2014

Prior to joining Starbucks, he worked at the executive leadership level in Europe, Latin America and North America at ICI, a global chemical company. Which metrics do you think matter to supply chain excellence? The ultimate metric of success used by Starbucks was the percent of coffee purchased from CAFE Practices verified farmers.

Procurement Analytics 260

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 260

Arkieva

JANUARY 6, 2017

The ABCDs of an Excellent Supply Chain. In this 2-part Supply chain strategy post , the Managing Director at Solventure – Bram Desmet, discusses the key elements of an excellent supply chain. So, as I sit down to write this blog, I wonder what are some of the things that make supply chains excellent? Please subscribe here.

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

Precoro

AUGUST 2, 2021

Every step of the way, the fabrics and wearables undergo countless mechanical and chemical tests before landing in our favorite stores. Since the team hadn't used purchasing solutions before, TESTEX had their doubts regarding the ROI of procurement software. The former performs chemical tests on textiles, the latter — mechanical ones.

Procurement Solutions 92

Procurement Solutions Optimal Sourcing Manufacturing Procurement Eliminating Excel in Purchasing 92

BlueYonder

APRIL 25, 2017

Connected : The degree to which the demand planner is close to the data and people who have business intelligence important to the forecast, and is able to come to consensus on the impact events will have on sales. This con can be largely mitigated, however, if the merchants are incented on inventory in addition to sales. SUPPLY CHAIN.

Supply and Demand 43

Supply and Demand Demand Planning Supply Chain Planning Software Supply Chain Planning 43

BlueYonder

APRIL 25, 2017

Connected : The degree to which the demand planner is close to the data and people who have business intelligence important to the forecast, and is able to come to consensus on the impact events will have on sales. This con can be largely mitigated, however, if the merchants are incented on inventory in addition to sales. SUPPLY CHAIN.

Supply and Demand 40

Supply and Demand Demand Planning Supply Chain Planning Software Supply Chain Planning 40

Supply Chain Shaman

SEPTEMBER 24, 2018

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets.

Supply Chain Planning Software 231

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 231

ShipBob

AUGUST 11, 2023

As the backbone of your supply chain, the right warehouse not only provides a space for storing inventory but can also influence the speed and efficiency of order fulfillment and affect your reach in the market. They handle inventory management , order management , picking , packing, shipping, and even returns.

Warehousing 52

Warehousing Supply Chain Design Software Inventory Reduction Cost Reduction Strategies 52

Precoro

FEBRUARY 27, 2023

Spend analysis is the practice of collecting, examining, and visualizing spend data. Simplifies Forecasting and Building Budgets Accurate data on past expenses increases the chances of precise forecasting and makes it easier to set up realistic budgets in the future. What Is the Spend Analysis Process?

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

GlobalTranz

FEBRUARY 27, 2015

Lower inventory carrying costs. These include helping lower inventory carrying costs and making more information readily available through new reports and browsers; allowing more people to make accurate decisions to improve business operations. More accessible data. . - Louis DeMent, Co-Owner at Giovanni Food Company, Inc. ,

Manufacturing Procurement 120

Manufacturing Procurement Logistics Network Optimization Software Procurement Solutions Software 120

ThroughPut

MARCH 30, 2020

As a chemical engineer with a background in biotechnology, oil & gas, and supply chain, I have had my pick of flow problems to solve. Customers can store their data at almost every manufacturing facility in the world, and they have Excel, PowerBI and Azure in the hands of many production teams.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 52

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 Trend

DECEMBER 13, 2016

Steve Hainey is an international speaker who has had over 20 years’ experience in global multi-site supply chain planning for Fortune 100 & 500 manufacturing companies of retail consumable goods, chemical materials, and medical device products. I have purchased the E-Book myself and truly enjoyed it. .

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Analytics Software 60

Supply Chain Game Changer

DECEMBER 6, 2018

Clearly, an excellent warehouse safety program is highly important. Workers buy into the safety program because they believe managers like you are genuine in your commitment to a safe and healthy environment. OSHA has an excellent framework for warehouse safety programs. So do their co-workers and their families.

Warehousing 65

Warehousing Buyer Training Purchasing Training Material Savings 65

GlobalTranz

OCTOBER 23, 2018

Clearly, an excellent warehouse safety program is highly important. Workers buy into the safety program because they believe managers like you are genuine in your commitment to a safe and healthy environment. OSHA has an excellent framework for warehouse safety programs. So do their co-workers and their families.

Warehousing 237

Warehousing Buyer Training Purchasing Training Material Savings 237

ThroughPut

MARCH 30, 2020

As a chemical engineer with a background in biotechnology, oil & gas, and supply chain, I have had my pick of flow problems to solve. Customers can store their data at almost every manufacturing facility in the world, and they have Excel, PowerBI and Azure in the hands of many production teams.

Manufacturing Procurement 14

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 14

Material Handling & Logistics

JUNE 25, 2018

Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. In fact, BMW has adopted any number of digital production technologies, such as data analytics, smart logistics and 3D printing. Printer-friendly version. Media Type. Media Credit. Media Type.

Gartner 81

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 81

Supply Chain Shaman

MAY 30, 2019

The chemical industry is the first to feel a recession, and the early travel freezes is a definite caution flag. At the end of the day, customers buy based on value not on the cool factor of the technology. There is a lack of focus on planning master data, and the evolution of supply and logistics networks are nascent.

Inventory Reduction 202

Inventory Reduction Waste Reduction Cost Reduction Strategies Sourcing Strategies 202

Supply Chain Shaman

AUGUST 3, 2016

Good planning requires a clear focus on inputs, data model fit to the business requirements, and outcomes. This includes companies like BASF, Clorox, Eastman Chemical, J&J, Kimberly-Clark, Mondelez, Nestle, P&G, and Unilever. I find five common definitions: Tight Integration of Transactional and Planning Data.

Supply Chain Planning Software 150

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