ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Supply Chain Shaman

JUNE 21, 2023

Table 2: Gartner Top 25 Comparison to Peer Group Results As large manufacturers work the conference circuit in the industry to increase brand awareness for their supply chain efforts, they feed the perception that their stories demonstrate supply chain leadership. Is this success? I don’t think so.

Gartner 346

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

Supply Chain Shaman

NOVEMBER 21, 2018

Spiraling transportation costs, tariff shifts and increased expectations for customer service sparks new interest in supply chain planning. Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. Supply Chain Risk Drivers: A Comparison of Risk. Inventory levels?

Supply Chain Planning Software 195

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

SCMDOJO

JUNE 21, 2023

It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. This partnership improves inventory management, particularly for medicines with limited shelf life, utilizing dedicated storage facilities.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

Logistics Viewpoints

AUGUST 12, 2022

I read earlier this week that pressure on the supply of critical materials will continue to mount as road transport electrification expands to meet net-zero ambitions. It covers 37 states and parts of Canada through a fleet of more than 150,000 crowd-sourced drivers, it says. For comparison, they spent $3.4

Logistics Network Optimization Software 227

Logistics Network Optimization Software Modeling Logistics San Antonio 227

Supply Chain Matters

JUNE 14, 2022

Such forces re declining consumer demand, bloated inventory levels, added industry supply chain disruptions and higher levels of cost inflation. This index complies 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. Regarding the latter, the U.S.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 52

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. Traditionally, the focus has been on building efficient organizational silos for make, source or deliver. They do not have a peer group for comparison.

Sourcing Strategies 152

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

Supply Chain Shaman

SEPTEMBER 17, 2014

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. How do you balance the trade-offs between source, make and deliver?

Optimal Sourcing 301

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 301

ToolsGroup

FEBRUARY 7, 2022

Data source: eMarketer. And based on Placer Lab’s data , the investment looks promising, with monthly 2021 monthly in-store visits up across the board in comparison to 2019: Image source: Placer.ai. Image source: Bring Me the News. eCommerce Purchases and “The New Normal” Retail Categories. in 2021, compared to 42,000 sq.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Locus

DECEMBER 7, 2021

Presently, their major focus lies on local production, warehousing and strategic sourcing. Transportation: Trade routes blockage – Congestion at ports. This factor would vary with the mode of transportation we choose and also how optimized our routing is. Optimize sourcing decisions. Cyber attacks.

Supply Chain Disruption 52

Supply Chain Disruption Optimal Sourcing Modeling Supply Chain Planning Software 52

Zipline Logistics

JUNE 29, 2021

That means that there will be fewer available trucks to transport the products flooding the freight market in an already tight market. Retail restocks are a current culprit of increased volume, as are sources of direct consumer spending. Retail Inventory Restocks Buoying Freight Market. Work with a True Logistics Partner .

Freight 91

Freight Trends Los Angeles Manufacturing Procurement 91

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. The goal is to keep inventory levels at a minimum to meet customer needs. Review Inventory turns and Return on Assets. Transportation is measured just as a cost rather than what it does for the rest of the organization.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Locus

JUNE 3, 2022

parts per million, in comparison to the 1960 levels of 316.91 Source: Statista.com. Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing. Download Now!

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

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

MIT Supply Chain

AUGUST 17, 2021

A side-by-side matrix Our analysis is captured in the comparison matrix below. For example, the 2010 Eyjafjallajökull volcano eruption in Iceland caused a primary loss of freight transportation capacity, but that loss also robbed many companies of supply capacity. Disruption comparison matrix?—?Source: Source: James B.

Capacity 52

Capacity Supply Chain Design Software Supply Chain Design Supply Chain 52

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. It can be compared to estimated time of delivery in transportation planning, or to customer booking data to compare on-time delivery, but the reference data varies by mode.

Supply Chain Planning Software 167

Supply Chain Planning Software Modeling Software Analytics Software Demand Planning Software 167

Supply Chain Matters

OCTOBER 4, 2022

The orders-to-inventory ratio fell to another multi-year low last month as excess capacity continued to build at factories. Of particular concern, the New Orders sub-index declined more than 4 points, reaching a contraction value in September while the Inventories sub-index was 2.6 percentage points higher. up from a value of 53.7

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52

GlobalTranz

AUGUST 17, 2015

Supply chain concepts are generally understood in a linear pattern of consecutive planning in the form of plan-source-make-distribute-return/dispose. The transportation of lithium batteries is dangerous, as they overheat, which can cause significant damage. Connect your supply chain. trillion US dollars. Manage working capital.

Sourcing Strategies 120

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction Strategies 120

Elementum

AUGUST 9, 2022

Of course you’ll also want to answer this question before launching mass marketing campaigns, building up inventories, and hitting record sales — only to learn that money’s being lost because material costs are too high. (Or Source local : Shortening the length of the supply chain inherently lowers the surface area for potential disruptions.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Design Supply Chain Optimization Optimal Sourcing 78

Enterra Insights

SEPTEMBER 6, 2018

For example, one often reads about companies collecting an ocean of big data; and, it’s a fitting comparison. A more apt comparison for advanced analytics would be to a nuclear-powered submarine that can dive deep and travel far. In order to comprehend how large something is, we often compare it to the size of the ocean.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Data Predictive Analytics Analytics Software 100

SCMDOJO

MARCH 28, 2023

The use of complex technologies in managing inventory, transportation, trade, and other supply chain activities has been evolving for ages. They collaborated to trace a bundle of sliced mangoes back to its source, with traditional paper documents taking nearly seven days to complete the task.

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Software Supply Chain Network Software Supply Chain Design 107

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. It can be compared to estimated time of delivery in transportation planning, or to customer booking data to compare on-time delivery, but the reference data varies by mode.

Supply Chain Planning Software 154

Supply Chain Planning Software Modeling Software Modeling Analytics Software 154

GlobalTranz

AUGUST 31, 2015

Comparison of a cloud-based Supply Chain Management Solution to Localized Supply Chain Management. A Cloud-based supply chain management solution has several advantages over the traditional model of manual inventory analysis combined with local area purchasing. Step into the Future of Business.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Software Supply Chain Network Software Modeling Software 120

Supply Chain Matters

SEPTEMBER 3, 2022

Similarly, raw material inventories are accumulating due to the sudden and unexpected drop in production volumes.”. . Data comparisons to that of 2020 during the heights of the Covid-19 pandemic are meaningful. Excess inventory levels now remain a more cogent concern particularly among retail industry supply networks.

Manufacturing Procurement 59

Manufacturing Procurement South Korea Manufacturing Global 59

Intelligent Audit

AUGUST 24, 2022

It facilitates this benefit in numerous ways, including by streamlining: Spend optimization Demand forecasting Demand accuracy Inventory optimization Procurement responses. It can help when you know something is wrong but are struggling to find the source of the problem. The company did not know the source of the problem.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Negotiating Skills Supply Chain Planning Software 52

Veridian Solutions

AUGUST 28, 2018

Inaccurate inventory management. Temperature-controlled storage and transportation. Unlike retail supply chains , pharmaceuticals have the power to become a source of illicit activity as well as the ability to lead to addiction. Deficiencies in demand forecasting and human resources. Poor order management. Shipment visibility.

Pharmaceutical 45

Pharmaceutical Supply Chain Design Software Supply Chain Software Real-time Visibility 45

GlobalTranz

NOVEMBER 19, 2015

Today we continue our long series and look at teaching shippers how to remain strategic when it comes to logistics and their transportation management program. Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. The Use of Data to Create a Successful Transportation Management Program.

Transportation Management 120

Transportation Management Transportation Sourcing Strategies Data 120

Supply Chain Network

MARCH 2, 2012

Acquisitions of Emptoris and Demandtec expanded sourcing and pricing portfolios while the new version of IBM ILOG LogicNet Plus XE further enhances supply chain network capabilities. Matrix Commerce extends beyond the sales and customer focus to include management and optimization of supporting sourcing and supply chain facets.

Optimal Sourcing 79

Optimal Sourcing Modeling Negotiating Skills Manufacturing Procurement 79

NC State SCRC

NOVEMBER 5, 2016

Current best practices in contract management systems are associated with application of searchable contract databases, allowing comparison and rapid access to contract information, as well as comparison of contractual terms and exposure for common suppliers, categories of spending, and specific price benchmarking internally.

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 40

Logistics Bureau

JULY 17, 2018

initiative set to encourage commercial investment and an upgrade to the transport infrastructure imminent, there may be no time like the present for enterprises in the ASEAN region to expand ecommerce operations into this fast-developing nation. SOURCE: Statista. The ability to operate without substantially increasing inventory levels.

Thailand 40

Thailand Cost Reduction Strategies Inventory Reduction Sourcing Strategies 40

Supply Chain Shaman

OCTOBER 5, 2021

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. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. Companies struggle to have the right inventories. The end result?

Supply Chain Planning Software 256

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

ThroughPut

APRIL 6, 2020

Also, companies with optimal supply chains benefit with 15% lower supply chain costs , less than 50% of inventory holdings and 3x faster cash-to-cash cycles. Are the inventory numbers being tracked accurately across the several stages of production? – How can it help match appropriate inventory stocks based on demand trends?

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

ThroughPut

APRIL 6, 2020

Also, companies with optimal supply chains benefit with 15% lower supply chain costs , less than 50% of inventory holdings and 3x faster cash-to-cash cycles. Are the inventory numbers being tracked accurately across the several stages of production? – How can it help match appropriate inventory stocks based on demand trends?

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

Herlitz Inventory Management

MARCH 7, 2019

There are ways to more easily manage inventory across multiple warehouses and store locations. An Overstock Transfer approach considers all of the inventory on hand in the organization. This not only includes distribution center and warehouses, but also stores in the region with excess inventory. Improve Transfer Validity.

Inventory Reduction 40

Inventory Reduction Warehousing Inventory Inventory Management Software 40

Logistics Viewpoints

MARCH 17, 2022

Critical inventory disruptions/deficiency anywhere in the supply chain. This includes suppliers, logistics providers, sales, and fulfillment locations/channels supporting autonomous planning decisions that take data flowing from various internal and external sources into account. Network bottleneck identification.

Supply Chain Planning Software 276

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 276

Supply Chain Shaman

OCTOBER 5, 2021

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. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. Companies struggle to have the right inventories. The end result?

Supply Chain Planning Software 195

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

Supply Chain Shaman

OCTOBER 5, 2021

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. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. Companies struggle to have the right inventories. The end result?

Supply Chain Planning Software 195

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