Resilinc

MAY 6, 2024

Held April 29-May 1 at the MGM Grand in Las Vegas, ISM World 2024, provided education and networking opportunities for over 2,000 professionals in procurement and supply chain with a focus on the reimagination of future supply chains, including the development of emerging supply chain leaders.

Las Vegas 79

Las Vegas Supply Chain Software Supply Chain Risk Management Buyer Training 79

Supply Chain Shaman

FEBRUARY 14, 2022

When my flight canceled, I was en route to the annual AMR conference in Phoenix. I also share data to try to convince you to join a guiding coalition to think bigger. Sales data has the greatest bias and error due to bonus incentives. Industries carried on average 32 days more inventory in 2020 than in 2007. (I

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Logility

MARCH 11, 2024

We’re putting data-driven decision-making at the fingertips of everyone across an organization,” says Dow. IRONMARKETS delivers relevant, cutting-edge content to its audiences through its industry-leading digital properties, trade shows, conferences, videos, magazines, webinars, and newsletters. Learn more at [link].

Logility 211

Logility Supply Chain Planning Software Demand Planning Software Supply Chain Design Software 211

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. So, what are some of the data challenges the industry faces?

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

Logistics Viewpoints

APRIL 3, 2023

Aera is using data crawlers to crawl across billions of rows of transactional data on a monthly basis. This is combined with data from external sources on weather, logistics lead times, and sustainability performance. These crawlers never stop working. I believe this claim. Allocation is a good example of this.

Supply Chain Planning Software 252

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

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

SEPTEMBER 22, 2021

One of the goals of the conference was to challenge the audience to redefine work. Similarly, after the conference, I started working with a chemical company to formulate a supply chain strategy. Based on research with scientists and looking at the Global Vaccination data, I think that we are about 40-50% through the Pandemic response.

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

Supply Chain Shaman

SEPTEMBER 20, 2015

During the year, I go to a lot of conferences. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. Source: Dictionary.com. This makes me yawn. It is systemic.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

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. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements? Focus on right-sizing inventories.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 256

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

The Logistics of Logistics

MAY 26, 2023

Committed to environmental and social responsibility, ALOM manages the physical supply chain from procurement, inventory management, contract assembly, digital media and print, to omni-channel fulfillment and returns.

Supply Chain Design Software 206

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 206

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

Precoro

MAY 22, 2023

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

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. As a result, there are too many conferences (most of them bad) with the same leaders sharing their stories. The reason? The reason?

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

Supply Chain Shaman

APRIL 15, 2020

As the world for non-essential workers moved to on-line meetings, conference calls, and uncertainty, essential workers redefined the workplace to mitigate risk. This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain.

Supply Chain Planning Software 443

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 443

Supply Chain Shaman

FEBRUARY 28, 2021

The current state of automation–Customer Relationship Management, Marketing Management, Revenue Management, Supplier Relationship Management, and Transportation Management–automates decisions within a function but does not enable the seamless flow of data and information organizations to improve organizational outcomes.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 219

Precoro

JULY 16, 2023

In other words, the purchasing manager is responsible for securing inventory requirements within the company’s budget and overall efficiency of the company’s purchases. Inventory Management Efficiency This is an evaluation of how efficiently the purchasing team maintains the right level of inventory.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Supply Chain Shaman

SEPTEMBER 17, 2014

I smiled on the week following the conference as the accolades piled up in my inbox. Attending the conference was Alexia Howard, Senior Research Analyst – US Foods for Sanford C. Attending the conference was Alexia Howard, Senior Research Analyst – US Foods for Sanford C. 110 supply chain leaders attended.

Optimal Sourcing 305

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 305

SCMDOJO

MARCH 25, 2024

Pursuing a degree in these areas will equip you with the fundamental knowledge of supply chain principles, such as procurement, inventory management, logistics, and operations strategy. Plus, the knack for sifting through heaps of data, spotting trends, and developing solutions that keep things running sets the best apart.

Negotiating Skills 86

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 86

Supply Chain Shaman

OCTOBER 8, 2019

Next year’s conference will be on September 8th-11th in Franklin, TN, south of Nashville, TN. The design of the conference includes tours of several modern warehouses and centers of excellence. Supply chain management requires good data at the mix level of an item/location. The issues include: Level of granularity.

Supply Chain Design Software 187

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 187

The Logistics & Supply Chain Management Society

APRIL 26, 2022

According to the Conference Board, despite lockdowns and COVID-19 related restrictions, consumer confidence in Asia rose in the last quarter of 2021 to 128 points from 126 points. Technology, such as integrated cloud-based platforms of applications with connected networks and data will help to improve supply chain performance.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

ToolsGroup

MAY 30, 2018

There has been a lot of discussion around this topic lately and I wanted to offer a few insights, including around the importance of the data model in high-quality decision making using digital twins. They link to and monitor real-world data in a simulated environment. He says: Digital twins are more than just CAD.

Modeling 168

Modeling Modeling Software Supply Chain Planning Software Optimization Modeling 168

Supply Chain View from the Field

APRIL 10, 2013

At the Coupa INSPIRE procurement conference in San Francisco this week, the Chief Procurement Officer of Coca Cola Consolidated, Patrick Hopkins, shared his views on the “4 Truths of Procurement”, and how he has operationalized his views through the deployment of Coupa procure to pay software. Data must be right.

Procurement 83

Procurement Material Savings San Francisco SAP 83

Oracle SCM

AUGUST 1, 2018

One of the Supply Chain Management trends apparent at the Gartner Supply Chain Executive Conference in May was highlighted by several vendor/customer presentations focused on the value of Collaboration and Visibility projects. See Oracle’s PaaS for SaaS data integration cloud for more information. Reducing in store stock outs.

Supply Chain Planning Software 104

Supply Chain Planning Software Inventory Management Software Gartner Demand Planning Software 104

Enterra Insights

NOVEMBER 5, 2018

For example, at the NRF’s 2018 Shop.org conference, CVS Pharmacy President Kevin Hourican, told participants, “Retail isn’t dead. Kiran Mani, Google’s managing director of retail, told conference participants, “Personalization is nothing but translating information into assistance. Bad retail is dead.”[2]. ”[2].

Retail 100

Retail Supply Chain Planning Software Analytics Software Forecasting Software 100

Logistics Viewpoints

JANUARY 23, 2024

This year, a recurring theme that I saw was about using supply chain data to improve the customer experience across the entire value chain. Throughout the conference I met with several software and hardware providers to get a glimpse into what they were showcasing. The single data cloud runs on Snowflake, one of Blue Yonder’s partners.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

Supply Chain Movement

SEPTEMBER 5, 2016

With benchmark business case presentations and opportunities to network with experts, software publishers and hardware suppliers, Supply Chain Event – a trade show, conference program, and business forum rolled into one – is a chance to drive digital transformation projects forward. In today’s era of logistics 4.0,

Supply Chain Software 60

Supply Chain Software Optimal Sourcing Supply Chain Optimization Supply Chain 60

Supply Chain Shaman

OCTOBER 20, 2012

Here is the list: Supply chain technology implementations have reduced inventory. Seemingly, most supply chain leaders that are reading the press, or going to industry conferences, would believe that all four statements are true. Here they are: The Lie of Inventory Reduction. Supply chain excellence matters. The reason?

Inventory Reduction 262

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 262

Supply Chain Shaman

MARCH 6, 2018

I find as I attend conferences that the word “planning” is bantered about, but few technologists dive into the details. The traditional world of supply chain planning managed inputs into a data model to drive outputs. This requires deeper modeling and the use of channel data. Descriptive analytics. Machine learning.

Supply Chain Planning Software 205

Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Planning Scenario Planning 205

C3 Solutions

JULY 30, 2020

It's About the Data. Consumer data provider Nielsen refers to this as 'frictionless commerce", or giving shoppers, "zero resistance from discovery to assessment to shopping to payment to fulfillment…. It's About the Data. Miles to Go. Where's the ROI? Keep it Simple. Where's the ROI?

Gartner 127

Gartner Internet of things Supply Chain Design Software Supply Chain Software 127

Supply Chain Shaman

MARCH 3, 2018

My goal in this blog post is to answer a series of questions I got from the audience when I spoke at a couple of conferences this week. ” A supply chain leader from GE at another conference said, “Yesterday, we called it big data. Now it is just data. It is not sufficient to just digitize data.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

o9 Solutions

APRIL 11, 2023

With 11,000-plus registrations, aim10x global is o9’s premier online event where supply chain, procurement, revenue management, IT, and sustainability leaders come together to gain best practices, insights, and inspiration from more than 60 thought leaders, change-makers, and executives who are shaping the future. o9 Solutions ranked No.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Demand Planning Software Pharmaceutical 52

Supply Chain Shaman

JANUARY 28, 2013

Previously, the focus was on a more siloed approach to improving manufacturing, procurement or logistics. Today, most supply chain professionals believe that the supply chain planning solutions have driven steady progress to reduce costs, improve inventories and speed time to market. 4) Data Model Design.

Supply and Demand 241

Supply and Demand Modeling Demand Planning Software Demand Management 241

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. Good food manufacturing software provides a means to track inventory in real-time, through every step of the supply chain. Why your food inventory management system is going stale. Working with fresh food.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. For example: Inventory Record Accuracy has to be 98-100% accurate daily.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Supply Chain Shaman

NOVEMBER 6, 2016

The more difficult aspect is cleaning the data, fine-tuning the model, and validating the outputs. If a planning project short-circuits the conference room pilot stages, it will be difficult to ever maximize the value from the investment. Putting in the technology is the easy part of the project. 2) Build a Planning Career Path.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Scenario Planning 150

Unleashed

OCTOBER 4, 2023

Some of the main steps involved in the order fulfilment process include: Inventory management Picking and packing Tracking and communication Shipping and delivery Customer service Returns management Fulfilment costs can represent up to 30% of an eCommerce company’s total operating expenses.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52