Arena Solutions

APRIL 4, 2023

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

Manufacturing Procurement 75

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 75

Logility

JANUARY 13, 2022

delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs. Date: Wednesday, January 19, 2022. Time: 10:00 am ET. Demand Management, Inc.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Optimization Software Analytics Software 130

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. The decline in inventory turns uses cash. My question is, “Why?” Background. Growth requires cash.

Supply Chain Design Software 195

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

Supply Chain Shaman

FEBRUARY 14, 2022

When my flight canceled, I was en route to the annual AMR conference in Phoenix. Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Tight coupling of the supply chain forecast to the financial forecast will improve value.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

SEPTEMBER 22, 2021

One of the goals of the conference was to challenge the audience to redefine work. In our research, we find that 72% of planners primarily depend on Excel and desktop analysis despite the rollout of advanced platforms for planning in 92% of manufacturers with greater than 5B$ in revenue. ” Her answer was telling.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

Supply Chain Shaman

JUNE 9, 2023

The current taxonomy (or frame/models) for the engines does not address the issues of the global multinational manufacturing company. In the Global Supply Chain, there are More Constraints To Address Than Just Manufacturing. Companies need a planning solution to analyze the trade-offs between make, source, and deliver.

Optimal Sourcing 314

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 314

ToolsGroup

JULY 26, 2016

Most CPG companies have hit a demand forecasting ceiling. And complexity creates a challenge of how to forecast accurately when faced with new items, new channels and demand shaping. Recent evidence strongly suggests that traditional forecasting techniques in this environment have reached their limits and hit a ceiling.

Forecasting 120

Forecasting Supply and Demand Optimal Sourcing Inventory Reduction 120

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. Business continuity continues to be a risk for many retailers and manufacturers. My take away?

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

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). Implementation of Sales Forecasting. The focus on sales forecasting started shortly after Y2k. Lack of Focus on Form & Function of Inventory and Designing Network Flows.

Procurement Analytics 370

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

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. What is Manufacturing?

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. This is particularly true in the food manufacturing industry, which characteristically has a high volume of products stored, and an urgent need to fill existing client orders to match ongoing consumer demand. Working with fresh food.

Manufacturing Procurement 89

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

ToolsGroup

APRIL 13, 2020

Rafael Labbé, Supply Chain Director at Suministros y Alimentos, a distributor to McDonalds Mesoamérica, shared his company’s experience and COVID-19 supply chain response with ToolsGroup’s Kathleen Geraghty at the recent ToolsGroup virtual user conference. If you do the math there, you have to make 748,000 inventory decisions per month.

Supply Chain Planning Software 296

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Optimization 296

Logistics Viewpoints

APRIL 4, 2022

They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion. For some customers, they manage the inventory using a vendor managed inventory program. For some customers, they manage the inventory using a vendor managed inventory program. But even multi-sourcing is not enough.

Supply Chain Transformation 195

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 195

Logistics Viewpoints

FEBRUARY 2, 2024

The jobs reduction will save $1 billion this year, Tomé said on an earnings conference call with analysts on Tuesday. percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 rules issued in October 2022 restricted exports to semiconductor manufacturing facilities there as part of an effort to keep U.S.

Cost Reduction Strategies 236

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 236

Supply Chain Shaman

JUNE 29, 2022

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements?

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

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

BlueYonder

OCTOBER 6, 2023

” – Sir Winston Churchill Having just returned from the 2023 Automotive Logistics and Supply Chain Global conference in Detroit, these words are very fitting to encapsulate the essence of the event. Short-term visibility at the Purchase Order/ASN level is insufficient. “Never let a good crisis go to waste.”

Waste Reduction 80

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 80

QAD

MARCH 16, 2022

So much of what goes into running a manufacturing operation involves planning ahead. Proper capacity requirements planning is critical to manufacturing success, as this process determines if a company can even deliver on orders. Purchasing additional equipment may also be needed if the demand will be consistent.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Capacity Scenario Planning 52

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. The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?”

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

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

Logistics Viewpoints

APRIL 3, 2023

Aera Technology offers a solution they call “Aera Decision Cloud” A key challenge for manufacturers is connecting integrated business planning (IBP) – a longer term plan – to operational planning and execution – what needs to be done in the near term. These crawlers never stop working. I believe this claim.

Supply Chain Planning Software 253

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 253

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. As the world for non-essential workers moved to on-line meetings, conference calls, and uncertainty, essential workers redefined the workplace to mitigate risk. China was the source of over 90% of PPE.) Figure 1 shows a market-by-market planning model by a sinus drug manufacturer.

Supply Chain Planning Software 446

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 446

Supply Chain Matters

JANUARY 3, 2024

The increased cost of working capital and supplemental inventory levels to mitigate fulfillment risk is likely to revert back to just-in-time inventory management. World economic growth was forecasted to slow from 3.5 Manufacturing and Supply Chain Activity Levels- Global-wide manufacturing levels as depicted in the J.P.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Logility

NOVEMBER 4, 2021

In conjunction with the release, the company will host a conference call at 5:00 pm ET to discuss its results with the investment community. delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Optimization Software Demand Planning Software 130

BlueYonder

OCTOBER 1, 2022

I just returned from the Automotive Logistics and Supply Chain Conference in Detroit. The automotive industry is a complex ecosystem comprised of dealers, original equipment manufacturers (OEMs), multiple tiers of suppliers, and third-party logistics providers (3PLs). I look forward to seeing you at next year’s conference!

Automotive 52

Automotive Cost Reduction Strategies Inventory Reduction Material Savings 52

Supply Chain Shaman

AUGUST 7, 2019

In my work with manufacturing companies recently, I am thinking a lot about the need for diagnostic testing. We draw a timeline on a conference room wall and using customer shipment and compliance data, we plot the issues with customer service and product outages. inventory turns. As a group, we drill into root issues.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 253

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. It began with the sourcing, manufacturing, and distribution of necessities for life. At the conference, the first two Amplifiers were introduced: Demand.AI and Supply.AI.

Optimal Sourcing 170

Optimal Sourcing Supply Chain Planning Software San Diego Supply Chain Software 170

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. 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. This makes me yawn.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. No Purchase Orders were used.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

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

Supply Chain Shaman

NOVEMBER 12, 2018

Last week, I spoke at the CPHA supply chain conference in Philadelphia, Pennsylvania. Companies that are good at demand management understand the need for design–form & function of inventory and push/pull decoupling points –and the orchestration of demand to make better decisions in sourcing, transportation and delivery.

Supply and Demand 170

Supply and Demand Modeling Inventory Reduction Manufacturing Procurement 170

Kinaxis

MARCH 2, 2015

by Melissa Clow SupplyChainBrain attended our annual Kinexions user conference, and while there, they completed a number of video interviews with customers , analysts, and Kinaxis executives. Demand planners agree: the forecast is always wrong. “We We haven’t been able to accurately forecast for a long time,” says Vosse.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply and Demand Predictive Analytics Software Demand Planning Software 100

NC State SCRC

OCTOBER 5, 2022

I had the opportunity to sit in on a very thorough presentation by a member of the Economist Intelligence Unit at the Center for Advanced Purchasing Studies meeting today. The forecast is that the EU GDP growth will be reduced by 1.3 Dual sourcing and longer term contracts – This is always a challenge. Not likely.

Conference 52

Conference Ukraine Global Purchasing Skills 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. Eager executives drink the magic elixir.

Supply and Demand 243

Supply and Demand Modeling Demand Planning Software Demand Management 243

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

Supply Chain Shaman

AUGUST 26, 2015

As the markets plummet, it is time to remind ourselves that demand is not a forecast. Traditional forecasting approaches are not adequate in a time of market volatility. In the real world, companies operate with a Mean Absolute Forecast Error of 24-60%, and have a bias of 9-40%. Markets drive supply chains.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Supply Chain Shaman

JUNE 3, 2024

As an old gal attending multiple conferences (more than I would like at times), I have listened to speakers waft eloquently about the value of concepts like networks, big data, industry 4.0, similarly, over 95% of manufacturers invested and implemented supply chain planning, but their primary tool today is Excel. Makes sense.

Supply Chain Planning Software 349

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 349