Supply Chain Shaman

APRIL 9, 2021

Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Sadly, most of it is the wrong inventory. Despite spending 1.1%

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

ToolsGroup

MAY 16, 2023

Featuring over fifty Gartner experts and more than 140 research-driven sessions, this year’s conference gathered over 3,700 supply chain professionals from across North America and beyond. Smarter forecasts result in better inventory management (and in turn, happier customers and wider profit margins). We have made it simple.

Gartner 283

Gartner Supply Chain Planning Software Supply Chain Planning Inventory Reduction 283

Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. Today, this is not the case.

Supply Chain Design Software 303

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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 205

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 205

Kinaxis

APRIL 3, 2018

Research firm Gartner even has it listed as a hot topic for its Supply Chain Executive Conference in Phoenix, May 14–17. Top 10 signs you’ve been in supply chain too long: The mission statement at your first inventory management job was, “If they can build it, we can store it.”. There are a couple of reasons for this.

Gartner 190

Gartner Supply Chain Planning Supply Chain Phoenix 190

Logistics Viewpoints

OCTOBER 1, 2014

Last week I attended the CSCMP Annual Global Conference in San Antonio, TX. Consumer Packaged Goods (CPG) Inventory Management Logistics Outsourcing Replenishment Retail omni-channel Vitamin Shoppe' The omni-channel track featured in the Customer Cornerstone had a number of interesting sessions (including mine).

San Antonio 167

San Antonio Conference Inventory Management Packaging 167

Supply Chain Shaman

MAY 3, 2015

The Inventory Management Journey. The increase in the item complexity, the lengthening of demand latency and the building of global supply chains with greater in-transit inventories top the list. I find that when it comes to the management of inventory, misconceptions abound. Inventory Is a Cost to Be Managed.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

SCMDOJO

MARCH 25, 2024

Gain a Solid Educational Foundation A solid educational background in supply chain management or a related field such as business, logistics, or operations management is crucial. Webinars and Conferences : Mark your calendar for online sessions and industry meet-ups that cover cutting-edge topics.

Negotiating Skills 85

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 85

My Office Apps

JULY 13, 2021

Why Your Shopify Store Needs an Inventory Management Solution. 2020 was many things, not the least of which the United Nations Conference on Trade and Development called a “turning point” in eCommerce. What is an Inventory Management System? Why Shopify Inventory Management Won’t Be Enough.

Inventory Management Software 59

Inventory Management Software Inventory Management Inventory United States 59

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? What Kind of Companies Use Just-In-Time (JIT) Inventory Management? Companies of all sizes across various industries use JIT Inventory Management.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Kinaxis

APRIL 4, 2017

There are a number of events to look forward to, including the Gartner Executive Supply Chain Conference in May and the Kinaxis user conference, Kinexions in October, that celebrate our many supply chain achievements. What do you call a capacity planner who’s had too much to drink? They’re overloaded.

Gartner 182

Gartner Supply Chain Software Supply Chain Supply and Demand 182

Supply Chain Shaman

OCTOBER 11, 2012

This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. I think that it is time for us to take the litmus test and ask the hard questions, “Have our practices impacted days of inventory?

Inventory Reduction 245

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 245

Supply Chain Shaman

SEPTEMBER 1, 2019

The format of the conference is different than most. As can be seen in the analysis, 80% of the industries studied for the report went backward on key performance measurements like cost and inventory management over the last decade. Next week, I will welcome over 100 participants to the annual event. The reason? There are many.

Supply Chain Software 230

Supply Chain Software Supply Chain Design Software Analytics Software Buyer Training 230

Supply Chain Shaman

APRIL 6, 2015

However, the areas of talent development, inventory management, and the implementation of horizontal processes (Sales and Operations Planning, Supplier Development and Corporate Social Responsibility) are less mature. Designed for supply chain visionaries, the conference is limited to 150 supply chain leaders.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Planning 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. Recently, I hosted the Supply Chain Insights Global Summit. Executing an event in the middle of the Covid-19 pandemic is challenging.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

My Office Apps

JULY 13, 2021

Why Your Shopify Store Needs an Inventory Management Solution. 2020 was many things, not the least of which the United Nations Conference on Trade and Development called a “turning point” in eCommerce. What is an Inventory Management System? Why Shopify Inventory Management Won’t Be Enough.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory United States 52

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

But if the customer’s primary focus is on what is currently being discussed on the panels of tech conferences, they will quickly fall into the machine learning trap. He has a strong interest in the topics of Artificial Intelligence, Supply Chain Planning and Inventory Management. The restaurant parable. MORE FROM THIS EDITION.

How To 246

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Precoro

JULY 16, 2023

Inventory Management Efficiency This is an evaluation of how efficiently the purchasing team maintains the right level of inventory. They might choose to do this via reports sent by emails or available within the procurement system, or via conference call sessions.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Cathy Roberson

JANUARY 9, 2023

As such, the Reverse Logistics Association (RLA) will shine the light on six of these firms in RLA’s annual conference in Las Vegas, Feb 7-9 , in its inaugural Reverse Logistics Startup Pitch Contest. Previously Sender was with Kyozou Inc, a multichannel and inventory management technology company.

Las Vegas 52

Las Vegas Logistics Network Optimization Software Reverse Logistics Supply Chain Planning Software 52

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 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.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

GlobalTranz

JANUARY 8, 2015

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits.

Inventory Reduction 120

Inventory Reduction Agile and Lean Supply Chain Lean Waste Reduction 120

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. Global Trade Volumes- The United Nations Conference on Trade and Development (UNCTAD), in its latest forecast update was not encouraging or optimistic.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Talking Logistics

APRIL 20, 2018

A TMS user, for example, can say to the system, “Show me all uncovered loads,” or an inventory manager can ask, “Which stores have less than three days inventory of product X?” It’s only a question of time before speech recognition gets embedded into other enterprise and supply chain applications.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Inventory Management Software Predictive Analytics Software Supply Chain Network Software 100

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

Supply Chain Shaman

SEPTEMBER 13, 2023

If you are at the North American CSCMP conference, stop by and listen to the story of Nicole Miera from LKQ and Margo Cohen from Nestle. Don’t restrict the project by artificial goals, ROI targets, and timelines. Nestle River of Demand in Project Spark Wrap-Up This testing and model development type is hard work but worth it.

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

Logistics Viewpoints

MAY 9, 2018

The theme of the conference was “Expectations. The big news from the conference was the launch of the JDA Luminate Platform, a connected platform that combines next generation digital technologies with product enhancements to JDA’s core solutions. I am writing this post from Orlando, FL, where I am attending JDA Focus 2018.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Inventory Management Software Vendor Strategies Conference 100

Talking Logistics

MAY 12, 2017

I remember meeting Karl Siebrecht, co-founder and CEO of FLEXE , a few years ago at the CSCMP Annual Conference not long after the company had launched. A TMS user, for example, can say to the system, “Show me all uncovered loads,” or an inventory manager can ask, “Which stores have less than three days inventory of product X?”

Logistics Network Optimization Software 0

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Network Software Inventory Management Software 0

AB&R

DECEMBER 10, 2018

a nationwide provider of proven supply chain solutions, will be an exhibitor at the RFID in Aerospace and Defense Conference in Arlington, VA on December 12, 2018. The RFID technology AB&R® will present includes asset tracking, work-in-process tracking, worker safety, inventory management, and more.

Aerospace 56

Aerospace Arlington Supply Chain Design Software Inventory Management Software 56

Kinaxis

OCTOBER 27, 2014

as well as the following presentation by Marc Prensky from the Handheld Learning conference. Inventory management Milesahead Sales and operations planning (S&OP) Supply chain collaboration Supply chain management Digital native Internet of Things Marc Prensky Pony Express Sid Meier''s Alpha Centauri SMAC Supply chain United States'

Supply Chain Planning Software 187

Supply Chain Planning Software Internet of things Supply Chain Planning Supply Chain Software 187

Supply Chain Shaman

FEBRUARY 14, 2022

When my flight canceled, I was en route to the annual AMR conference in Phoenix. Deployment of deeper statistical engines for inventory management with a focus on safety stock will improve inventory levels. Industries carried on average 32 days more inventory in 2020 than in 2007. (I My challenge? Measure it.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

AUGUST 7, 2019

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. Form and Function of Inventory. For each client with a negative FVA, there was a multi-million dollar inventory opportunity. Analyze Past Results in Customer Service.

Supply Chain Design Software 250

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

Supply Chain Shaman

MAY 17, 2015

At conferences, I hear from many supposed “supply chain leaders.” ” To me, a supply chain leader is making progress at the intersection of these two important metrics of operating margins and inventory turns. Few conference speakers meet this criteria. Figure 5: Inventory Ownership. inventory management.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Supply Chain Software 150

Supply Chain Shaman

MARCH 27, 2014

Spending the weekend writing and then off to New York to work with a client and then speaking later in the week at a conference. Demand demand planning demand sensing inventory management inventory reduction' I will be landing soon in Philadelphia. I hope to see you in my travels!

Supply and Demand 281

Supply and Demand Inventory Reduction Demand Planning Software Forecasting Software 281

Supply Chain Shaman

JUNE 9, 2023

A Focus on Safety Stock Is Too Narrow for Effective Inventory Management. A manufacturing company’s safety stock is 30-40% of the total inventory requirement. Supply-centric focus reigns with customers asking for control towers, risk management solutions, and learning engines. My response is a big YAWN.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. Why your food inventory management system is going stale. Chances are that your current inventory management system is getting you nowhere fast — you’re facing growing inventory struggles and you don’t know why.

Manufacturing Procurement 89

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

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].

Retail 100

Retail Supply Chain Planning Software Analytics Software Forecasting Software 100