Supply Chain View from the Field

JULY 10, 2013

When Jon Stegner walked in to his first week at the University of Chicago Medical Center, one of the first places he visited was the Emergency Room, and the nearby supply room. What he saw there, was in his words, “chaos”. Medical supplies were in boxes strewn in random piles. The bins had dust bunnies and “guck” in the bottom of them.

Chicago 60

Chicago Analytics Software Analytics Innovation 60

Supply Chain Shaman

OCTOBER 8, 2019

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. The two primary buffers in the supply chain are manufacturing capacity and inventory. Time horizon. The takeaway?

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Supply Chain Shaman

SEPTEMBER 24, 2013

So, as I sit in this uncomfortable seat, fighting sleep, winging my way to Chicago, I am asking myself a simple set of questions. Those without any chutzpah define the “supply chain” as an organizational function that focuses only on distribution, manufacturing and procurement. My circular logic goes like this.

Supply Chain Planning Software 270

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 270

Logistics Viewpoints

AUGUST 9, 2022

While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management?

Inventory Management Software 223

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 223

Supply Chain Matters

MARCH 5, 2022

Intelligent procurement technology provider JAGGAER announced the finalization of a partnership with TealBook , a tech provider that leverages artificial intelligence and machine learning to gather, predict and refine supplier data and to provide companies with additional product sourcing options. Global Health Exchange Acquires Syft.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Prescriptive Analytics Software 52

Talking Logistics

OCTOBER 12, 2018

I have to go to the grocery store again today to replenish our inventory (yeah, I don’t shop for groceries online; as the son of a bodegero, I’m old fashioned that way.). Simply put, as shippers take a more holistic approach to transportation network design, procurement, planning, and execution, all modes are on the table for consideration.

Logistics Network Optimization Software 101

Logistics Network Optimization Software Supply Chain Design Software Network Design Software Supply Chain Planning Software 101

ShipBob

OCTOBER 1, 2021

To make their supply chains more lean, retailers can explore different supply chain optimization techniques throughout procurement, production, and distribution, or outsource supply chain management to a 3PL. Reduce inventory waste. Why retailers are creating lean supply chains. 6 tips for lean supply chain management.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Supply Chain Matters

OCTOBER 10, 2023

Chicago based Loop was founded in 2021 when many businesses struggled with added logistics disruption brought about be the Covid-19 global pandemic. Start-up Evo provides capabilities in non-linear optimization, quantum learning, and advanced prescriptive analytics currently applied to product pricing and inventory optimization.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 52

Supply Chain Matters

OCTOBER 7, 2023

Last Friday the labor union elected to target the Ford Motor assembly plant in Chicago that assembles the Ford Explorer SUV , and a General Motors final assembly plant in Lansing Michigan that assembles the Chevrolet Traverse SUV. Both facilities included an added 7,000 workers.

Negotiating Skills 59

Negotiating Skills Buyer Training Inventory Reduction Cost Reduction Strategies 59

Zipline Logistics

JANUARY 10, 2023

Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of third-party logistics. I moved to Chicago to work for the world’s largest 3PL and quickly fell in love with the constant opportunity to solve problems. Perform a network analysis.

Supply Chain Software 52

Supply Chain Software Security Supply Chain Strategy Logistics Network Optimization Software 52

ShipBob

SEPTEMBER 25, 2023

From that information, build a list of products that you know are legal for you to sell and stick with your regular inventory to avoid any legal mishaps. Fulfill and ship customer orders You’ll need a system for warehousing your CBD products and managing inventory over time. All you do is market the product without touching inventory.

How To 98

How To Demand Planning Software Supply Chain Planning Software Analytics Software 98

Precoro

FEBRUARY 26, 2024

For procurement professionals, systemizing and optimizing cost centers is not just a matter of financial management; it's a strategic task for driving efficiency, controlling costs, and enhancing overall performance. For instance, useful information to consider might be equipment usage rate, inventory turnover, or employee productivity.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

Infosys Supply Chain Management

NOVEMBER 28, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. When I placed the order, my friend was staying in Chicago, so I chose Chicago as delivery location. Inventory and Capacity Visibility to Order Management System. Business Process Outsourcing. Distribution.

Manufacturing Procurement 20

Manufacturing Procurement Supply Chain Planning Software Inventory Reduction Agile and Lean Supply Chain 20

Logistics Viewpoints

APRIL 8, 2022

With more consumers pushing for supply chain transparency, Chipotle will be testing out RFID tags at its Chicago distribution center and at 200 Chicago stores to improve the traceability of its inventory systems. At the same time, the number of suppliers in China that received procurement bids declined by 9 percent in 2021.

Logistics Network Optimization Software 206

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 206

Elementum

OCTOBER 22, 2015

Increasingly, consumers have access to a larger inventory, super fast delivery, and levels of transparency that allow them to feel in control of their purchases. With the recent rise in super warehouses —miles of inventory run by robots and humans alike— operations get obscured, which can result in disaster. Visibility.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Real-time Visibility Logistics Warehousing 60

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Because Russia and Ukraine are leading exporters of grain, wheat futures in Chicago rose by almost 6% to $9.26 Material Handling & Logistics ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

QAD

DECEMBER 10, 2019

This access “reduced the time information travels from Chicago to New Jersey by just four milliseconds, from 17 to 13 milliseconds.” . Additional business benefits include: Reduce inventory investment without risking material shortages and downtime. Lower procurement costs with supplier self-service and proactive alerts.

Manufacturing Procurement 134

Manufacturing Procurement Real-time Visibility Inventory Reduction Cost Reduction Strategies 134

Supply Chain Shaman

OCTOBER 7, 2012

My schedule had me on a plane to Chicago at the time of the presentation. Q: Is it only inventory disrupting the agility resulting from inaccurate forecasts by S&OP? The less conversion of materials in the inventory strategy, the greater the flexibility of the supply chain. The APICS event was not there. Is it S&OP?

Supply Chain Design Software 226

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 226

Talking Logistics

APRIL 8, 2016

MercuryGate Launches Global, Omni-modal Freight Procurement Solution. The orders are being fulfilled from about 160 Best Buy stores in markets that include Dallas, Houston, Las Vegas, Atlanta, Boston, Chicago, Los Angeles, Miami, Philadelphia, Seattle and Washington. Best Buy rolls out same-day delivery in 13 markets (Star Tribune).

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Guinea 100

6 River Systems

SEPTEMBER 17, 2019

In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. Bed Bath & Beyond is also implementing inventory reduction strategies and is on track for a 5% reduction year-over-year by the end of the current fiscal year.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Inventory Reduction 45

Supply Chain Shaman

SEPTEMBER 22, 2022

I am writing this post from a hotel room in Chicago. Using better math to build an inventory plan for raw materials is a good idea. Bi-directional orchestration enables what-if optimization for commodity buy plans in procurement, S&OP execution, and transportation optimization. Procurement/Buyers Workbench.

Supply Chain Planning Software 405

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 405

NC State SCRC

MAY 11, 2020

For example, companies like Amazon are constructing massive distribution centers outside of major hubs like Atlanta, Raleigh, and Chicago, and are building them with direct access to on-ramps that go onto interstate highways built in the 1950s. One in which the pasture being grazed is covered in human lives.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization Pharmaceutical 52

Supply Chain Shaman

MAY 30, 2019

For the CFO, end-to-end is a focus on transactional flows like order-to-cash and procure-to-pay. Most are clueless about driving a better-planned order flow from tactical planning to procurement or transportation planning or how to improve forecast-value-added (FVA) processes. Second Step: Understand the Role of Inventory.

Inventory Reduction 197

Inventory Reduction Waste Reduction Cost Reduction Strategies Sourcing Strategies 197

FLEXE

MAY 25, 2017

Chicago, Illinois. With scalable, on-demand capacity, it’s easier to procure space when volumes peak and there’s a strain on your infrastructure. Indianapolis, Indiana: Indianapolis is a staple in supply chain operations because of its central location and proximity to Chicago. Seattle, Washington. Los Angeles, California.

Indianapolis 11

Indianapolis New Jersey Indiana Los Angeles 11

GlobalTranz

MAY 12, 2017

It involves procuring the goods, storage facilities, and delivery of products to the exact location. Procurement of the goods at the warehouse, and lastly, Delivery of the goods at the destination. The logistics firm should aim at developing the warehouse inventory so that there is minimum wastage of goods. Proper Planning.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Optimal Sourcing Network Optimization Software Supply Chain Planning Software 197

GlobalTranz

MARCH 28, 2016

“We’re still very far from programs with common sense — AI technologies that can answer comprehension questions with the skill of a child of 8,” study co-author Robert Sloan, a computer scientist at the University of Illinois at Chicago, said in a statement.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Optimization Software Inventory Management Software Modeling Software 120

Supply Chain Matters

SEPTEMBER 29, 2023

As we pen this posting on mid-afternoon Friday, the UAW ’s newest targets are reported to be a Ford Motor assembly plant in Chicago that assembles the Ford Explorer SUV , and a General Motors final assembly plant in Lansing Michigan that assembles the Chevrolet Traverse SUV. Both facilities involve an added 7,000 workers.

Negotiating Skills 64

Negotiating Skills Expense Reduction Inventory Reduction Cost Reduction Strategies 64