Supply Chain Shaman

SEPTEMBER 5, 2022

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. My take away?

Supply Chain Planning Software 235

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

Supply Chain Shaman

JUNE 24, 2022

The future inventory fire sale. One of my stark realizations this year is that smaller companies are beating larger and often more established companies on growth metrics, inventory turns, operating margin, and Return on Invested Capital (ROIC). (In ” Product innovators in their sectors. Driving process innovation agendas.

Supply Chain Planning Software 366

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 366

Supply Chain Shaman

OCTOBER 5, 2021

To drive progressive change, I think that we need to rethink supply chain basics and unlearn from the past while driving process innovation. Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. The end result? The reason?

Supply Chain Planning Software 256

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 256

Logility

JANUARY 18, 2024

But it is setting the foundation for a new paradigm that could cut 70% of weekly planning time, 15%–30% fewer forecast errors, and impressively improved inventory outcomes. And AI’s decision-making precision and speed couldn’t come at a better time for supply chain planners. Want to learn more?

Modeling 191

Modeling Optimal Sourcing Supply Chain Planning Software Supply Chain Software 191

Supply Chain Shaman

OCTOBER 5, 2021

To drive progressive change, I think that we need to rethink supply chain basics and unlearn from the past while driving process innovation. Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. The end result? The reason?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 195

Supply Chain Shaman

OCTOBER 5, 2021

To drive progressive change, I think that we need to rethink supply chain basics and unlearn from the past while driving process innovation. Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. The end result? The reason?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 195

Supply Chain Shaman

JUNE 6, 2015

At the event, James Rice, MIT, spoke on innovation, and his reflections on Clayton Christensen’s 1997 classic business book, the Innovators Dilemma. This is disruptive innovation. The spark from Invention to Innovation is slow. Technology invention is happening, but the translation to innovation is slow.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

ToolsGroup

FEBRUARY 28, 2023

That’s why we eat, sleep, and breathe innovation and never stop looking for ways to help our customers get the most out of their partnership with us and make their supply chains a force for good in the world. Re-Forecasting Based on Pre-Orders Historical data sits at the center of all the work planners do.

Supply and Demand 156

Supply and Demand Supply Chain Planning Software Modeling Demand Planning Software 156

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

NOVEMBER 10, 2023

billion and announced a number of new tech innovations for its grocery delivery service at its quarterly earnings call Tuesday. Retailers’ holiday inventory planning has been fraught with unpleasant supply-chain surprises for two straight years. Inventory discipline is showing up in cargo numbers. supply chain reliability.

Logistics Network Optimization Software 234

Logistics Network Optimization Software Inventory Reduction Expense Reduction Price Reduction 234

Supply Chain Shaman

JUNE 21, 2023

” The industry is in a groupthink, largely missing the opportunities for breakthrough innovation. 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. Is this success?

Gartner 346

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

Logility

JANUARY 10, 2023

Consider a global hospitality supplier that wanted to secure a consistently available inventory of personal care products at a lower cost. Align inventories to free up cash Out-of-date spreadsheets, process workarounds, and orders placed outside of supported channels have always been more commonplace in the supply chain than they should be.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 130

Supply Chain Shaman

JULY 25, 2021

Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). Let’s start with honesty and a focus on process innovation. Lack of Focus on Form & Function of Inventory and Designing Network Flows. Reversing The Trend. Winners Over Time.

Procurement Analytics 370

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

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Orbit Chart for L’Oréal at the Intersection of Inventory Turns and Operating Margin.

Case Study 254

Case Study Inventory Reduction Agile and Lean Supply Chain Study 254

Supply Chain Shaman

JULY 22, 2019

In the research, I’m trying to understand the impact of choices—technology, process innovation, and leadership– on balance sheet performance. Companies performing the best have three characteristics: Business Model Innovation. It is not as simple as trading-off inventory, cost, and customer service. Writing the News.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 250

Supply Chain Shaman

OCTOBER 12, 2017

He is a great thinker on inventory planning and demand management.I like Stefan’s quote, “However, all the boasts of value it (DDMRP) brings are in comparison to the value of MRP. I like best-of-breed innovators especially those with deep math and a passion for what they do. Driving supply chain innovation is hard.

Supply Chain Planning Software 286

Supply Chain Planning Software Forecasting Software Demand Planning Software Supply Chain Software 286

Supply Chain Shaman

AUGUST 7, 2019

In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. In the period of 2010-2018, within the chemical industry, margins fluctuated, largely driven by the price of crude, but inventory turns plummeted.

Supply Chain Design Software 250

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Supply Chain Matters

JULY 27, 2023

Supply Chain Matters highlights reports of Q2-2023 financial performance from two major influential high tech suppliers indicating constrained end product demand levels and inventory overhang continue to impact supply networks. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

Supply Chain Network Software 52

Supply Chain Network Software Taiwan Supply and Demand Electronics 52

Unleashed

OCTOBER 20, 2021

For example if you’re running a product-based business then inventory management is essential. From inventory tracking and safety stock levels to assembly, purchasing and shipping, getting inventory management right will increase your chances of success. Get your inventory management processes right from the start.

Inventory Management Software 52

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

EazyStock

OCTOBER 10, 2018

Companies are using big data to change the way they monitor product performance, research, develop and innovate. It is tempting to draw a comparison between big data and master data management (MDM) as the two terms are interconnected, but they are different. 4 Ways Big Data is Changing Inventory Management.

Inventory Management Software 45

Inventory Management Software Big Data Inventory Management Supply Chain Planning Software 45

Kinaxis

NOVEMBER 9, 2016

One that’s able to quickly respond to those unexpected problems, easily adapt to changing industry conditions and make waves with its innovative, yet still efficient, processes. Plan demand, then plan supply, then plan capacity, then plan inventory, etc. All present supply chain challenges that need to be overcome. Plan, then execute.

Supply Chain Planning Software 199

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 199

Supply Chain Shaman

NOVEMBER 21, 2018

In this push, Oracle, SAP and INFOR became revenue market leaders in APS, but under-served the market in the delivery of innovation. Supply Chain Risk Drivers: A Comparison of Risk. As shown in Figure 2, fewer and fewer companies are innovators (38%) and the skill level in the consulting market is lower than the past decade.

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

C3 Solutions

JULY 22, 2020

But it was really the development of innovative material handling systems in the mid-20th century that prompted the need for ways to keep track of more densely stored goods and higher levels of inventory. Companies began to use rudimentary WMS to manage inventory and order fulfillment.

Supply Chain Design Software 131

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Retail 131

Logility

OCTOBER 6, 2023

The primary business drivers to moving to the cloud are: Leveraging a network of data and information – A cloud environment creates enormous value for the supply chain by leveraging a network of data and information to allow greater collaboration and continuous innovation.

Supply Chain Planning Software 193

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 193

Supply Chain Shaman

OCTOBER 2, 2020

A Comparison Of Company Performance To Industry Average. Comparison of Companies in the Furniture Peer Group for the Period of 2010-2019. The Sleep Number’s Innovation Timeline for Supply Chain Redefinition. Innovation runs deep through the Sleep Number timeline shown in Figure 4. The answer? Who needs their ERP?

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

QAD

APRIL 5, 2022

As organizations seek to boost business responsiveness and flexibility to address disruption, QAD Adaptive ERP 2022 helps our customers’ ability to advance the business intelligence, innovation and agility that is required by today’s enterprises.

Manufacturing Procurement 95

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Purchasing Skills 95

Enterra Insights

JULY 25, 2018

What desktop computing did to financial spreadsheets will pale in comparison to the application of autonomous computing and the impact this will have on our business and personal lives. The impact of these innovative technologies is enormous and is now beginning to be realized. COST: $995. REGISTER HERE BUTTON.

Six Sigma 100

Six Sigma Supply Chain Planning Software Optimization Software Expense Reduction 100

BlueYonder

AUGUST 15, 2023

Amid the rush to digitally transform, and with so much focus on those innovations that will smarten forecasting, aid replenishment, perfect assortment, or master pricing, businesses are forgetting about their business. Significantly, this data-driven comparison between “now and then” has to be attributed to each individual facet.

Inventory Reduction 84

Inventory Reduction Expense Reduction Resource Reduction Price Reduction 84

SCMDOJO

JUNE 21, 2023

This partnership improves inventory management, particularly for medicines with limited shelf life, utilizing dedicated storage facilities. Strategic procurement outsourcing involves the application of innovative techniques by third-party providers. In a study conducted by Nicholson et al.

Supply Chain Planning Software 89

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Supply Chain Shaman

JUNE 26, 2017

Amazon’s because of their breath in physical and digital supply chain, innovation in material handling, transportation, etc and their vision completely disrupting the industry. They do not have a peer group for comparison. We do not include them in the analysis because there is no peer group comparison. About the Research.

Sourcing Strategies 152

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Strategy 152

Enterra Insights

MAY 9, 2022

A bifurcated company will ‘be more rigid and that’s going to make it harder to innovate and it will slow them down,’ he said.” ”[7] In the long run, retailers without an omnichannel operation are likely to suffer in comparison to their omnichannel competitors. ”[6]. ” Concluding Thoughts.

Omnichannel 130

Omnichannel Retail Purchasing Skills Inventory Reduction 130

Logistics Viewpoints

OCTOBER 24, 2022

The end-to-end process includes order management, demand and supply planning, inventory planning, transportation management, and other processes and applications as well. In comparison to best of breeds, Oracle’s integration partners are far more likely to do implementations than the partners to best of breed vendors.

Supply Chain Planning Software 167

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Logility

MAY 3, 2018

Of course as a supply chain guy, I pay close attention to the Life Sciences Industry supply chain and hope that advances in supply chain capabilities can contribute to the ingenuity and innovation required to conquer some of these health issues. Additional Reading: Aberdeen: Industry Comparison For Best-In-Class S&OP/IBP Capabilities.

Pharmaceutical 102

Pharmaceutical Modeling Supply Chain Planning Software Supply and Demand 102

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

Expect to see improvements to customer engagements that are not limited to a seamless checkout process but all facets of a buyer’s journey, including product education, research and comparison, and easily navigable after-sales support. Digitalisation and the Importance of Technology. Mark Lau – Chief Commercial Officer.

Supply Chain Planning Software 245

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Agile and Lean Supply Chain 245

Enterra Insights

AUGUST 10, 2018

What desktop computing did to financial spreadsheets will pale in comparison to the application of autonomous computing and the impact this will have on our business and personal lives. The impact of these innovative technologies is enormous and is now beginning to be realized. When : 16-17 September 2018. Speakers.

Six Sigma 100

Six Sigma Supply Chain Planning Software Optimization Software Expense Reduction 100

Supply Chain Shaman

JUNE 15, 2018

My caution is not so fast… 95% of companies are not making progress at the intersection of growth, operating margin, inventory turns and asset strategies. Here I show orbit chart comparisons at the intersection of operating margin and inventory turns for the period of 2006-2017. This is especially true for the Titans.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Supply Chain Shaman

FEBRUARY 23, 2017

With 12,000 supply chain employees operating in 80 countries with 2400 storage facilities, supply chain excellence and innovation are the foundation of corporate performance. The composite of metrics includes growth, operating margin, inventory turns and Return on Invested Capital.) Inventory Turns. Operating Margin.

Agile and Lean Supply Chain 154

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