Kinaxis

AUGUST 29, 2014

Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. Notice in the Supply Chain Insights report, there are only two HDD companies. Semiconductor is poised to consolidate, which will have huge impact on the metrics. by CJ Wehlage.

Metrics 171

Metrics Supply Chain Planning Software Manufacturing Procurement Thailand 171

Supply Chain Game Changer

SEPTEMBER 21, 2021

Most of the pre-pandemic Inventory Management strategies were centred around improving inventory turnover, keeping inventory levels as low as possible, and reducing the amount of cash tied up in inventory. What should our post pandemic inventory priorities be? Pre Pandemic Inventory Management Priorities.

Inventory Reduction 52

Inventory Reduction Inventory Material Savings Modeling 52

Logistics Bureau

DECEMBER 20, 2021

As we are often asked about KPIs for inventory management , that’s what we’re going to focus on in this particular post. You will also understand their notable benefits to the inventory management discipline. 10 Invaluable KPIs to Track Inventory Management Performance. 1: Inventory Turns. million)/2 = 6.76.

Inventory Reduction 76

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 76

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Supply Chain Shaman

MARCH 28, 2016

The average manufacturing company’s supply chain organization is 15 years old. While companies want to improve supply chain performance and drive value, it is easier said than done. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

BlueYonder

MAY 10, 2024

Artificial intelligence (AI) capabilities continue to improve at a rapid rate and will remain a focus in the supply chain with companies looking to drive efficiencies, reduce risk and take advantage of otherwise hidden opportunities.

Vendor Strategies 94

Vendor Strategies Material Savings Resource Reduction Price Reduction 94

ShipBob

NOVEMBER 24, 2023

The root of many inventory management challenges lies in treating all stock equally—when in reality, each item should be assessed and segmented individually. This is where inventory segmentation can help. It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

Supply Chain Game Changer

NOVEMBER 3, 2022

That said, you have to strengthen your business’s IT infrastructure to avoid adverse effects on your company. Financial data helps managers keep track of their company’s financial performance and determine if any areas need improvement. As technology advances, companies are finding new ways to utilize it and the role of IT for SRM.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

ShipBob

NOVEMBER 6, 2023

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

BlueYonder

JANUARY 24, 2023

Significant Upheaval Terence: From collaboration to planning to control towers and logistics, automotive companies and suppliers are digitalizing processes and systems at a historic pace to improve competitiveness, profitability, and customer-centricity. Terence: Are automotive companies doing something about these disruptions?

Automotive 67

Automotive Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 67

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. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

GlobalTranz

JULY 20, 2015

With the growth of sustainability initiatives , more companies have adopted the use of recycled materials in production and have developed procedures for the responsible disposal of products that cannot be recycled or reused. Importance of Metrics in Reverse Logistics Management. Increased velocity. Increased service market share.

Reverse Logistics 120

Reverse Logistics Supply Chain Planning Software Supply Chain Network Software Optimization Software 120

IQMS

JULY 22, 2019

The Warehouse Inventory Management Software market grew to $1.4B Warehouse Inventory Management software and systems help reduce infrastructure costs and enable the reallocation of existing IT resources to drive productivity improvements, according to IDC. How Warehouse Inventory Management Software improves efficiency.

Inventory Management Software 60

Inventory Management Software Optimization Software Supply Chain Planning Software Supply Chain Software 60

Unleashed

NOVEMBER 15, 2021

Mass customisation can generally only be achieved by a company that works smarter, not harder. A modular approach means a company can standardise the components it buys or produces. Then back-end systems pair tailored financial products and services to the customer based on those metrics.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Forecasting Software 98

Supply Chain Shaman

JULY 25, 2016

We think deep research to help companies determine benchmarks and set goals. It is data driven research: a deep analysis of performance, improvement and Price to Tangible Book Value of 320 companies across 31 industries for the period of 2009-2015. Sixteen companies qualify against this criterion. The answer? Background.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210

RFgen

JANUARY 23, 2023

Overview: What is mobile device inventory management? Yet many companies struggle. 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.

Inventory Management Software 52

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

RFgen

APRIL 20, 2023

OVERVIEW: Overview of Mobile Inventory Solutions What Problems Does Mobile Inventory Solve? With the growing reliance on digital technologies and reliable data, Oracle Fusion Cloud SCM has emerged as a powerful platform, enabling organizations to optimize their inventory control practices.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

Logistics Viewpoints

APRIL 4, 2022

While the company has several different goals, two key focuses are improved agility and resilience, and more autonomous planning. This is a public, multinational providing different types of electronic and machinery products for different industries. The company has over 300,000 products. A Complex Supply Chain. It takes time.

Supply Chain Transformation 196

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 196

Supply Chain Shaman

MAY 22, 2013

The research tries to establish “ who did supply chain best ” by looking at a weighted formula of Year-over-Year Growth, Return on Assets (ROA), and Inventory Turns for the Fortune 500 companies. Inventory Turns values are based on an average of quarterly reporting for the past year. The intent was good.

Gartner 260

Gartner Pharmaceutical Supply Chain Chemicals 260

Supply Chain Shaman

OCTOBER 25, 2021

Container inventory is imbalanced. As a result, companies make the wrong decisions. Fourteen of twenty-eight industries have rising inventories. In Figure 1, I share what this looks like for a company currently participating in the Project Zebra testing. The United States is late in investing in port infrastructure.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Supply Chain Shaman

OCTOBER 25, 2021

Container inventory is imbalanced. As a result, companies make the wrong decisions. Fourteen of twenty-eight industries have rising inventories. In Figure 1, I share what this looks like for a company currently participating in the Project Zebra testing. The United States is late in investing in port infrastructure.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

OptiProERP

FEBRUARY 8, 2024

A laser, electric arc, or electron beam gun, mounted on an arm, horizontally melts wire, filament feedstock, or powder to build up material while a bed moves vertically incrementally. It involves using electron beams, lasers, or thermal print heads to melt or partially melt fine layers of material, followed by blasting away excess powder.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Design Software 52

GlobalTranz

FEBRUARY 25, 2021

According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

Supply Chain Shaman

JUNE 7, 2018

For the past month, I have been working alongside companies implementing digital strategies. In most companies, I find, that there is an organizational imperative, but no consensus on the goal. Instead of pushing innovation forward, I see companies using the term “digital” as a path for IT spending. ” Incrementalism.

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 238

Unleashed

APRIL 21, 2024

The first step in a standard order processing system is the verification of a customer order which often includes a check to confirm there is sufficient inventory available to fulfil the order. Once confirmed, the ordered items are picked from your inventory, sorted, packed, and shipped to the customer.

Inventory Management Software 52

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

Supply Chain Shaman

JUNE 19, 2013

The chemical and consumer electronics industries have made the most progress. Companies are stalled on improving customer service and forecast accuracy. It comes in many flavors–increase in inventory, changes in sales policies, new product lines– all add to the complexity. Balance Remains an Issue. 3) Leadership.

Forecasting 276

Forecasting Supply Chain Planning Software Agile and Lean Supply Chain Forecasting Software 276

Unleashed

MAY 20, 2024

Mini quiz: How well do you know inventory accounting? What is the formula for calculating inventory turnover ? a) Cost of Goods Sold divided by Opening Inventory b) Cost of Goods Sold divided by Average Inventory c) Cost of Goods Sold divided by Ending Inventory d) Cost of Goods Sold divided by Net Purchases 2.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software S&OP 52

Supply Chain Shaman

NOVEMBER 21, 2017

Last week, I spoke to three emerging cognitive computing companies attempting to redefine decision support technologies. Companies have focused on labor outsourcing and third-party solutions to reduce headcount. Drones in warehouses using machine learning for real-time inventory and self-driving vehicles are transforming logistics.

Supply Chain Planning Software 153

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 153

SYSPRO Smarter ERP

MARCH 2, 2022

This means that the past practice of just-in-time inventory management will need to be more flexible and allow a just-in-case approach. Just-in-case involves holding more inventory so that sales are not lost due to inventory being unavailable. In several companies there is now a Chief Procurement Officer (CPO).

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

SCMDOJO

JANUARY 23, 2023

List of Top 10 Supply Chain Analytics Books 1) Supply Chain Metrics that Matter (Wiley Corporate F&A) 1st Edition This book offers an in-depth guide to understanding the link between corporate financials and supply chain maturity, evaluating the progress of over a hundred companies from 2006-2013.

Prescriptive Analytics Software 122

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 122

Logistics Viewpoints

APRIL 26, 2021

Product sales were down by 8%, but the company did grow by 2% overall in the last fiscal year based on strong performance in subscription services. Pure Storage, a public company headquartered in Mountain View California in the US, manufactures flash-based storage for data centers. In 2014, the company’s revenues were $43 million.

Supply Chain Design Software 195

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Czech Republic 195

Unleashed

JANUARY 29, 2024

Stock-keeping-unit (SKU) rationalisation is an inventory management method for improving the performance and profitability of your business. As a business strategy, SKU rationalisation helps you to reduce business costs, improve inventory management, increase operational efficiency, and enhance your brand image.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Supply Chain Shaman

NOVEMBER 14, 2016

Slowly, more and more companies are waking up to the cold, and hard facts. Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. A ranking in the top 2/3 of the peer group qualifies a company for further analysis. Inventory Turns. Price to Tangible Book Value.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Taulia

OCTOBER 20, 2021

In today’s challenging market, companies face multiple challenges, from shortages of crucial components to port congestion, high shipping costs, logistics delays and uneven customer demand. While every company will have different priorities, a number of metrics can be used to measure supply chain efficiency.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

Kinaxis

JUNE 9, 2017

The criteria in qualifying for the Masters category is any company who has been in the top five rankings for at least seven out of the past 10 years. Another change needed is the vast difference between how the 169 peers vs the 38 Gartner analysts rank the companies. Coca Cola Company. Samsung Electronics. Cisco Systems.

Gartner 166

Gartner Supply Chain Software Supply Chain Benchmarking 166

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. In our work on the Supply Chains to Admire report , we tracked the progress of manufacturing, retailing and distribution companies for the period of 2006 to 2013 and 2009-2013. As a goal, it is easier to say than to define. His reasoning?

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. Companies spend millions of dollars to implement supply chain planning technologies to drive insights for better decisions; however, there is a failure to design a work environment to enable success.

Supply Chain Design Software 336

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 336