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). The term “AI” is overused.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. This chemical manufacturer is converting its entire distribution system to containers. In addition to product management, logistics also includes inventory management. This will help a company become more profitable.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

BR Williams Supply Chain Management

JANUARY 18, 2021

Distribution management includes forecasting, transportation, warehousing, and delivery within the larger universe of logistics and supply chain management. These require precise tracking, real-time information, and highly-skilled staffing to execute effectively. Warehouse inventory management systems (WMS). Logistics software.

Inventory Reduction 89

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 89

The Logistics & Supply Chain Management Society

MAY 28, 2022

With uncertainty a guarantee in the year ahead, leaders are realising the need to adopt applications that will improve visibility into demand and inventory, as well as tools that can help them model and simulate “what if?” Risk planning and technology utilisation. The effort will absolutely pay off. Building capability and consistency.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

Talking Logistics

JANUARY 8, 2018

The reality is that supply chain management is not just about managing orders and transportation and inventory — it’s about doing all those things while also navigating through the many risks that could disrupt your supply chain or bring it to a halt. Is the mode of transport the most efficient to impact on-time delivery?

Supply Chain 103

Supply Chain Logistics Network Optimization Software Real-time Visibility Sourcing Strategies 103

Global Trade Management

SEPTEMBER 4, 2023

Research conducted by Label Insight revealed that 81% of consumers actively seek more information about where their food is grown or raised before purchasing. Biosecurity incidents occur when products are contaminated with pathogens, chemicals, or other harmful substances that can compromise health and safety.

Food 59

Food Meeting Pricing Training Supply Chain Design Software 59

Supply Chain Shaman

MARCH 5, 2019

While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. For example, only 29% of manufacturing companies can access total cost data and 31% struggle to see the impact of business decisions on inventory. Visibility. Gaps in Enterprise Visibility. My caution?

Supply Chain Design Software 282

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 282

EMERGE App

OCTOBER 21, 2018

If you’re dealing with chemicals in your business, you have an obligation to store and transport these chemicals safely. Also, you need to comply with various government laws and regulations that include keeping a proper record of hazardous chemicals. Hazardous Chemical Storage Laws Around the World.

Chemicals 53

Chemicals Inventory Management Software Modeling Software Demand Planning Software 53

ThroughPut

NOVEMBER 21, 2022

“Partnering with project44 allows us access to true lead time data, which complements how we recalculate material and inventory needs from a demand change perspective,” said Ali Raza, CEO of ThroughPut Inc. As a result, many businesses are unable to optimize a crucial part of their working capital – their inventory.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply and Demand Gartner Supply Chain Optimization 52

CH Robinson Transportfolio

SEPTEMBER 28, 2021

Robinson Director of Research and Market Intelligence: The truck driver shortage is top of mind for many as supply chain disruptions continue, port backlogs persist, and the gap between inventory supply and sales demand widens. How many more truck drivers are needed to balance demand for truck transportation with the supply of capacity?

Michigan 82

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Supply Chain Shaman

MAY 13, 2015

Forty years ago as a chemical engineering student, I learned the tedious craft of chemical plant design. Getting good at factory design is a merit badge of sorts for the chemical engineer. Getting good at factory design is a merit badge of sorts for the chemical engineer. Stage 2: All about Transportation.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

BR Williams Supply Chain Management

AUGUST 31, 2020

Stop worrying about investing in more warehouse space, updating the newest technology, stressing over transportation, and hiring or firing of logistics staff. Depending on the season, your space, labor, and transportation may change based on your inventory needs. Gain a Strong Resource Network. No Staff Necessary.

Warehousing 98

Warehousing Material Savings 3PL Logistics Network Optimization Software 98

Logistics Viewpoints

MARCH 6, 2023

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.” SK Capital is a private investment firm focused on the specialty materials, chemicals, and pharmaceuticals sectors. GEON is owned by SK Capital.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

Supply Chain Matters

JANUARY 10, 2023

A clear opportunity ripe to be addressed is the shifting of the prior focus of just-in-time driven, end-to-end efficiency flow of materials and resources, to an outside-in flow of physical and digital based information focused on customer or channel focused fulfillment material, resource and support needs.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

EMERGE App

MARCH 11, 2021

Inventory is the store or stock of goods. And in this post, you’re going to know the type of inventory exists. Four Types of Inventory. There are four types of inventory : work-in-progress, finished goods, raw material, and MRO goods. Finished goods inventory is that stock of completed products.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Manufacturing Procurement 52

Supply Chain Game Changer

FEBRUARY 26, 2021

Upon graduating with a master’s degree in Chemical Engineering in 2017, I started my Supply Chain career planning inventory and managing orders on Excel to fulfil online consumer and retail business demand for a haircare product. An Inherent Problem (‘As Is’).

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Demand Planning Software Modeling Software 78

Unleashed

SEPTEMBER 23, 2021

Cross docking is when you receive goods from a supplier’s vehicle (train or truck) and move them directly onto an outbound vehicle to be transported to your customer – so there’s minimal to no storage time. The goods are sorted and transported to their final destination.

Case Study 92

Case Study Cost Reduction Strategies Study Inventory Reduction 92

Supply Chain Opz

NOVEMBER 9, 2014

Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. In addition the growing importance of local information about environmental risk, such as water shortages faced by business or employment conditions, can be critical in supply chain decision making. What can you do?

Waste Reduction 274

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USC Consulting Group

JANUARY 10, 2022

We work with a wide range of industries, including chemical processing, forestry products, food & beverage, life sciences, mining & metals, oil & gas, transportation & logistics, private equity, and yes, manufacturing. It’s a useful process, but we’ve found it’s missing a critical area: Inventory.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Inventory Reduction 40

Unleashed

AUGUST 9, 2019

While everyday consumers give little thought to the simple barcode label affixed to their purchases, businesses involved in moving inventory stock and assets understand their importance and are increasingly investing in custom barcode labels for their organisations. Benefits of product labels.

Manufacturing Procurement 40

Manufacturing Procurement Manufacturing Procurement Solutions Purchasing Skills 40

Elementum

MAY 1, 2018

Transport network disruption. Communicate with customers to keep them informed of any delays, changes, or other relevant information that impacts the brand experience. This inventory glut crowded warehouses, eventually forcing companies to cut back on their new orders to clear out their backed-up storage facilities.

Pharmaceutical 94

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 94

Elementum

AUGUST 29, 2017

As a center of petro-chemical industry and a conduit of trucking and rail out of Mexico, the key supply chain hub is currently devastated by Hurricane Harvey. Several ports and businesses, including ExxonMobil, INEOS, INVISTA, and Occidental Chemical, suspended their operations on Thursday August 24th, as Tropical Storm Harvey approached.

Forecasting 74

Forecasting Kansas City Forecasting Software Houston 74

Enterra Insights

AUGUST 14, 2018

Today, the average company has seven S&OP processes, but a global chemical company averages over 30. “Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function. Examples of algorithmic optimization used in the supply chain include: Inventory Optimization.

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Prescriptive Analytics Software Supply Chain Planning 100

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

Wherever we are, we wish to be informed. In supply chain, remote inventory management which replaces the cumbersome routine labor of counting screws and switches will be part of the new automated supply chain paradigm. He is Industry Advisor Logistics of Anchor Group and Advisor of Hyperloop Transportation Technologies (HTT).

Supply Chain Software 100

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Modeling 100

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

The GCC chemical industry is second largest manufacturing industry in value add, after refining. 2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 Following COVID-19 the global chemical supply chain market reported a severe decline in output.

Chemicals 113

Chemicals Saudi Arabia Cost Reduction Strategies Inventory Reduction 113

OptiProERP

NOVEMBER 19, 2021

In 1765 the first industrial revolution began when the use of coal and steam engines became popular allowing for the transportation of goods using railroads. Steel and chemical synthesis were also a big part of this revolution. Innovations have brought about some significant milestones to industries over the years. Industry 4.0

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Network Software 52

MIT Supply Chain

MAY 8, 2013

How much inventory could be better managed in this segment if there was better visibility into end-to-end cargo flows? The industry is already using the technology to share information. A chemical manufacturer we interviewed is using a third-party cloud application to negotiate freight rates with some 28 ocean carriers, for instance.

Supply Chain Design Software 63

Supply Chain Design Software Analytics Software Price Reduction Industrial 63

Elementum

MAY 1, 2018

Transport network disruption. Communicate with customers to keep them informed of any delays, changes, or other relevant information that impacts the brand experience. This inventory glut crowded warehouses, eventually forcing companies to cut back on their new orders to clear out their backed-up storage facilities.

Pharmaceutical 60

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 60

Unleashed

FEBRUARY 15, 2021

While tracing the origin of a food source and viewing transparent information about its manufacturing process has certainly grown over recent years – there’s no doubt the pandemic has sped up consumer demand for this. A focus on removing harmful and toxic chemicals from food packaging. Reduce food waste. Organic packaging.

Food 93

Food Trends Industrial Industry 93

Supply Chain Shaman

NOVEMBER 29, 2015

In contrast, it took the average chemical company or automotive supplier five-to-eight months. Inventories are high, and we have excessive ocean capacity. Is this a sign of a looming recession or a transportation opportunity? As a result, companies closed manufacturing facilities. Today, we live in volatile times.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

Logility

AUGUST 17, 2016

Chemical manufacturers are faced with shrinking margins and cannot afford to put the wrong product in the wrong location at the wrong time. Inventory tends to be a very visible supply chain cost to senior management. How much inventory a company has is listed right there as a current asset on the balance sheet.

Material Savings 100

Material Savings Inventory Reduction Expense Reduction Resource Reduction 100

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. We hope these posts keep you on top of your game and informed. . First, what is Supplier Quality Management (SQM)?

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

The Logistics of Logistics

OCTOBER 3, 2020

3PL Basics: The 11 Transportation Services with Jeremy Thone. Joe Lynch and Jeremy Thone discuss the 3PL basics: the 11 transportation services provided by 3rd party logistics providers. Jeremy Thone is the Marketing Director at 3PL Systems, which is a transportation management system software company based in Signal Hill, California.

Logistics Network Optimization Software 147

Logistics Network Optimization Software 3PL Transportation Supply Chain Design Software 147

6 River Systems

APRIL 23, 2019

Warehousing effectiveness depends upon the accuracy of the physical inventory in the warehouse with the respect to the inventory indicated in the computer system. This discrepancy between the physical and electronic inventories is dependent on the reliability of the warehouse processes.

Warehousing 97

Warehousing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 97

RFgen

FEBRUARY 7, 2019

There are maintenance technicians to direct, labor to allocate, assets to keep track of, spare parts inventory to worry about and supplier networks to maintain. Unify business data by linking WO information with your ERP system. The Materials Supply Chain (MRO Inventory). M is for Maintenance.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Predictive Analytics Software 52

Logistics Viewpoints

AUGUST 18, 2023

and European companies may last longer than expected as they try to sell off their bulging inventories in an economic climate where demand is stalling. The Port of Kahului is fully operational, and interisland freight and transport company Young Brothers noted in an Aug. 11 release. without any extra packaging.

Logistics Network Optimization Software 165

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ThroughPut

MARCH 23, 2020

But the consumption rate of those standard goods (inventory) presumably stays more-of-less the same. This is cash tied-up in Inventory minus a minimum safety buffer (Waste #3). More information about ThroughPut.AI In supply chain lingo, this phenomenon is referred to as the Bullwhip Effect. is available at: www.throughput.ai.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59