Logistics Viewpoints

OCTOBER 2, 2023

The CEO – Matt Elenjickal – told me that the company has roughly $100 million in revenue. The interview occurred during athe FourKites Visibility 2023 user conference on September 7th in Chicago. This allows the company to do some interesting benchmarking. I attended my first Visibility conference in 2020.

Real-time Visibility 219

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 219

Supply Chain Shaman

SEPTEMBER 13, 2023

Solving from a supply side seems to work for many companies I work with. If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? Only 2% of companies are pushing forward in our Supply Chains to Admire analysis. Clear mission.)

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

ToolsGroup

MAY 16, 2023

Featuring over fifty Gartner experts and more than 140 research-driven sessions, this year’s conference gathered over 3,700 supply chain professionals from across North America and beyond. It enables the inventory optimization necessary for lowering inventory while elevating the customer experience. We have made it simple.

Gartner 283

Gartner Supply Chain Planning Software Supply Chain Planning Inventory Reduction 283

Supply Chain Shaman

OCTOBER 11, 2012

“If only I had the money that the company was supposed to save from the multiple ERP and supply chain projects. This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. I am a skeptic. I want to believe.

Inventory Reduction 245

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 245

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. In each industry sector, companies face unprecedented variability. The decline in inventory turns uses cash.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Kinaxis

SEPTEMBER 9, 2014

by Melissa Clow September is a busy time of year for us at Kinaxis – Many folks here are flying the skies to attend various conferences. Here’s the supply chain conferences we love and will be attending. Gartner Supply Chain Executive Conference. Automotive Logistics Global Conference. September 10-11. London, UK.

Conference 150

Conference Gartner Supply Chain Planning Software Supply Chain Design Software 150

Logistics Viewpoints

APRIL 12, 2023

I recently attended Körber Supply Chain’s user conference, Elevate 2023. SMECO , Southern Maryland Electric Cooperative, was one of those companies. Many years ago, I conducted research on the GIS market and through that process learned that electric distribution companies have challenges distinct from many other organizations.

Maryland 244

Maryland Warehousing Inventory Management Software Supply Chain Network Software 244

Supply Chain Shaman

JULY 25, 2021

Only four percent of companies outperformed their peer groups. Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). While market potential declined, individual company performance declined faster. Implementation of Sales Forecasting.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

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

AUGUST 12, 2022

” He replied, “You probably don’t know much about supply chain, but I am leading a supply chain team for a company that sells tools to Home Depot. I have to race to a call when the plane lands to join a conference call.” As he spoke, I discovered: The Company Was Blindly Fielding RFP Process. The reason?

Supply Chain Design Software 195

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

ToolsGroup

JUNE 26, 2019

Back home today after a fantastic trip to Spain including the Gartner EMEA Supply Chain Executive Conference. Today the more successful companies are ‘outsourcing’ tasks to technology through AI-powered automation. Read more about inventory optimization for the digital age. In-store fulfillment isn’t just grocery anymore.

Gartner 120

Gartner Supply Chain Execution Supply Chain Planning Software Supply Chain Software 120

Supply Chain Shaman

APRIL 9, 2021

Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Sadly, most of it is the wrong inventory. Despite spending 1.1%

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

Supply Chain Shaman

APRIL 16, 2024

The article introduced the concept of self-service planning and challenged companies to rethink the concepts of supply chain planning. As a result, companies hired more planners, creating a rise in planning salaries and a shortage in the market. This week, I was at Informs Analytics Conference. Faster and Better Engines.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 217

Supply Chain Shaman

JUNE 29, 2022

In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. The cash-to-cash impact for debt-laden chemical companies with 2% growth and 4% margins offers little room for error. Focus on right-sizing inventories.

Supply Chain Design Software 251

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

Logistics Viewpoints

FEBRUARY 5, 2024

Walmart is not the only big retailer with OTIF requirements, but as the world’s largest retailer, and a company with stringent requirements , Walmart’s OTIF requirements are top of mind for consumer goods companies. If a company short ships TVs, they are fined more than if they short ship soup, for example.

Shipping 243

Shipping Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 243

Supply Chain Shaman

SEPTEMBER 5, 2022

Currently, companies struggle with rolling electric outages in China. Only 7% feel that their company managed disruption well. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

Talking Logistics

OCTOBER 9, 2013

Are you attending the CSCMP Annual Global Conference later this month in Denver? It’s is one of the best conferences in the supply chain and logistics industry to learn and network. Does Being a Global Company Necessitate a Global TMS? Let me help you. A Pulse on Social Networking for Supply Chain Management. Jordan Kass, C.H.

Supply Chain Network Software 166

Supply Chain Network Software Conference Supply Chain Software Trends 166

ToolsGroup

MAY 23, 2023

The presentation will provide an in-depth view of how the company’s adoption of ToolsGroup Service Optimizer 99+ (SO99+) enables the Italian coffee company to embrace a more holistic planning approach. This AI-driven capability gives companies an in-depth understanding of demand. Book a meeting here and stop by booth #113.

Gartner 156

Gartner ToolsGroup Supply Chain Planning Forecasting 156

Supply Chain Shaman

JUNE 21, 2023

Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. While companies talk digital, the projects follow traditional supply-centric paths. The Gartner analysis is biased toward companies within the Gartner network. As I listen, I struggle.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

Logistics Viewpoints

FEBRUARY 1, 2023

The Conference Board ( conference-board.org ), a well-known, global business membership organization, conducted its C-SUITE OUTLOOK survey in the fall of 2021. The survey seeks to answer the following questions and more: Are companies as focused today on supply chain resilience as they were a year ago?

Global 226

Global Supply Chain Survey Ukraine 226

Supply Chain Shaman

SEPTEMBER 20, 2015

During the year, I go to a lot of conferences. When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? I find that most of the time, companies cannot answer the first question of “ Who is your customer? Source: Dictionary.com.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

GlobalTranz

JANUARY 8, 2015

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits.

Inventory Reduction 120

Inventory Reduction Agile and Lean Supply Chain Lean Waste Reduction 120

BlueYonder

OCTOBER 1, 2022

I just returned from the Automotive Logistics and Supply Chain Conference in Detroit. To combat inflation, CSCO are launching supply chain improvement initiatives such as inventory reduction, improved operational efficiency, cost control, working capital reduction, and cash flow preservation.

Automotive 52

Automotive Cost Reduction Strategies Inventory Reduction Material Savings 52

Supply Chain Shaman

JUNE 29, 2021

Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). In the past study, of 600 companies studied, 4% make a list. This question always makes me smile.

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 369

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. Tracking Progress.

Inventory Reduction 150

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

Logistics Viewpoints

MAY 27, 2022

I was fortunate enough to spend the beginning of this week at Manhattan Associates’ Momentum user conference. It was great to be back in person at a conference, seeing people face to face. Although virtual conferences do offer convenience, they lack a personal touch and the ability to network with others in person.

Logistics Network Optimization Software 251

Logistics Network Optimization Software Supply Chain Network Software Real Estate Forecasting Software 251

Talking Logistics

DECEMBER 4, 2017

Last month, I attended and spoke at the Command Alkon ELEVATE 2017 conference , where I learned many things about the Heavy Building Materials (HBM) industry. The elevation journey actually began the day before the conference officially started.

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

Logistics Viewpoints

JUNE 13, 2022

This is a large public company with 8,900 stores in the US, Puerto Rico, and US Virgin Islands. But the scale of the company does add complications. Prior to COVID the company had a three-year plan to add omnichannel order flows by adding buy online/pick up in store and curbside pickup. They generated $132.5 Walgreens and COVID.

Supply Chain Planning Software 301

Supply Chain Planning Software Forecasting Software Demand Planning Software Puerto Rico 301

ToolsGroup

APRIL 3, 2023

Sahil Gupta , Chief Product Officer at ToolsGroup, shares the most important insights and takeaways from this year’s ShopTalk conference. After four days of retail insights focused on the trends, business models, and technologies that are shaping the future of retail, ShopTalk 2023 has closed a successful and illuminating conference.

Inventory Reduction 156

Inventory Reduction Price Reduction Supply Chain Planning Software Forecasting Software 156

Supply Chain Shaman

AUGUST 12, 2020

On a cold Boston winter day, I slipped into my seat on a back row in a packed conference room at AMR Research. As I squeezed into the middle seat of a crowded conference room, I got the stare. Putting all companies in a spreadsheet and shaking them up made no sense to me. So, I sucked it up and consented. The result?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

Logistics Viewpoints

JANUARY 10, 2024

Just last week, my colleague Clint Reiser wrote an article about the top logistics and supply chain conferences to attend in 2024. Best Logistics and Supply Chain Conferences to Attend in 2023 ; Clint Reiser Welcome 2023! And with the new year comes an increasing return to in-person supply chain conferences and trade shows.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Predictive Analytics Software 246

Logistics Viewpoints

MAY 18, 2022

We were also joined by over 1,500 people from around the world who attended the conference virtually. The theme for the conference was “Ready. The unique thing about these macro-disruptions was that they were felt by every industry, company, and geography at the exact same time. Flexibility is where the company wants to focus.

Optimal Sourcing 169

Optimal Sourcing Supply Chain Planning Software San Diego Supply Chain Software 169

Logistics Viewpoints

APRIL 3, 2023

IBP is a collaborative process involving diverse business functions that is designed to balance demand against supply in a manner that maximizes the goals of that company. This is, at many companies, a month-long process that produces a supply chain plan that spans out over several months – often 24 or 36 months. I believe this claim.

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 252

Supply Chain Matters

JUNE 17, 2022

Newly Released Conference Board CEO Study. A further data point to these notions can be found in a newly released C-Suite Outlook Mid-Year survey report, published by The Conference Board. Inventory Management Assessment- Samsung Electronics. Samsung ’s inventory balances reportedly reached the equivalent of $36.9

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52