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 247

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 247

Supply Chain Matters

JANUARY 18, 2024

Supply Chain Matters highlights the latest report indicating both U.S. The National Retail Federation (NRF), in conjunction with its annual conference held this week, reported 2023 holiday sales based on U.S. Furniture and home furnishing sales were reported as declining 6.2 Adobe Analytics indicated that U.S.

Forecasting 52

Forecasting Procurement Analytics Report Retail 52

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.

Inventory Reduction 150

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

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

OCTOBER 29, 2020

If the word collaboration was listed on a card as a drinking game at supply chain conferences, we would be drunk at many. Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Inventory.

Optimal Sourcing 242

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 242

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

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. Time horizon. Bias and error. The takeaway?

Supply Chain Design Software 190

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 190

Supply Chain Matters

JANUARY 23, 2024

Last week in conjunction with the National Retail Federation’s (NRF) annual conference, AWS Supply Chain took the opportunity to announce the general availability of three of these modules. The module supports manual and EDI centric collaboration on purchase orders while helping to identify supplier risks.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 59

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. But cost-saving isn’t the only benefit of an optimised fulfilment process. This can include freight forwarding and documentation management.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

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

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. Cost reductions in food manufacturing can be achieved by using food manufacturing software that improves ordering processes and minimises overstocking of expensive raw ingredients. Working with fresh food.

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

Logistics Viewpoints

FEBRUARY 9, 2023

The All-In-One WMS Myth – A WMS voice module provides all the benefits of a best-in-breed warehouse optimization solution at a lower cost. The ‘mobile-first’ approach is actually more cost-effective and makes the WMS transition easier for users.

Optimization Software 177

Optimization Software Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 177

Arena Solutions

APRIL 4, 2023

alone, colleges and universities awarded 83,263 bachelor’s degrees in engineering in 2012, a 37% increase over the 60,605 degrees conferred in 2002. Metrics monitoring Real-time data can be accessed globally using cloud computing. Breaking it down In the U.S. 3 What’s the allure? is a highly complex process.

Manufacturing Procurement 98

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 98

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Unleashed

APRIL 1, 2020

Review existing inventory management systems. It can also involve using business analytics to help you truly understand what’s driving your business. For a more detailed guide on how to pick the best inventory management software for your business, check out our comprehensive guide. Focus on inventory management.

Material Savings 106

Material Savings Inventory Reduction Inventory Management Software Supply Chain Planning Software 106

Requis

OCTOBER 31, 2019

The following article is a sample from Loic Coyot’s presentation, “Insights on New Technologies Across Industries,” that he will be presenting at the 2020 Conference and Trade Show in Scottsdale, AZ , April 19 – 22. __. What if you could fly drones over yards and check against your inventory? Inventory auditing.

Analytics Software 40

Analytics Software Manufacturing Procurement Inventory Management Software Forecasting Software 40

Requis

OCTOBER 31, 2019

The following article is a sample from Loic Coyot’s presentation, “Insights on New Technologies Across Industries,” that he will be presenting at the 2020 Conference and Trade Show in Scottsdale, AZ , April 19 – 22. __. What if you could fly drones over yards and check against your inventory? Inventory auditing.

Analytics Software 40

Analytics Software Manufacturing Procurement Inventory Management Software Forecasting Software 40

Supply Chain Matters

JULY 7, 2022

Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The report pointed to underlying fundamentals remaining weak as new order volumes stagnated while business optimism was note as falling to a reported two-year low. reported at the end of March, and a 52.3 value reported for May.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

Logistics Bureau

AUGUST 16, 2017

I had the privilege today to speak at a Healthcare Supply Chain Conference. And these were some areas of opportunity that I suggested are quite common: Inventory Management & Reporting. Centralised purchasing? Reusable items (rotables) … tracking. Consignment stock usage & tracking. Demand forecasting ….

Pharmaceutical 0

Pharmaceutical Supply Chain Benchmarking Supply and Demand 0

NC State SCRC

JANUARY 1, 2023

Inventory will remain bloated for the first half of 2023, – and supplier relationships will be tested. These kinds of behaviors by buyers will come back to bite them in the future… Despite having more inventory – we won’t stop having shortages. Inflation is indeed going down slowly– but not as fast as the markets would like.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

Talking Logistics

DECEMBER 16, 2015

more near-shoring and larger, less frequent shipments to minimize transportation costs). How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

Logistics Bureau

APRIL 11, 2019

Source: Deloitte Report – The Future of Work. The duties and responsibilities of a Supply Chain Analyst can include: Assisting with inventory management. Aiding in purchasing and inbound logistics management. Supporting logistics managers by gathering and presenting performance data.

Supply Chain Planning 56

Supply Chain Planning Security Logistics Network Optimization Software Purchasing Skills 56

Arkieva

JANUARY 6, 2017

After a couple of quick questions about the product that she had purchased, it was obvious to me that the product itself had the right features. Arrange your inventory based on how often you need to use it. The key theme of the conference was that of a bimodal supply chain. Plan an Efficient Layout for the Warehouse.

Inventory Reduction 84

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 84

Supply Chain Matters

APRIL 30, 2024

Supply Chain Matters draws reader attention to a published report that depicts how branded company Nike made strategic mistakes in its online distribution strategy during the time of Covid , and how the shoe and athletic goods retailer is still recovering. They smack of Nike’s iconic branding message: Just Do it !

Inventory Reduction 52

Inventory Reduction Price Reduction Vendor Strategies Cost Reduction Strategies 52

Logistics Viewpoints

FEBRUARY 17, 2022

In the case of this retailer, all its major operational aspects – such as directed put away, replenishment, and inventory management – were running just fine. After weighing the costs of time and money, the retailer decided to keep its current WMS but look for add-on solutions to fill gaps in processes.

Optimization Software 221

Optimization Software Supply Chain Design Software Price Mitigation Strategies Supply Chain Planning Software 221

Supply Chain Matters

DECEMBER 20, 2023

The product announcement was made in conjunction with the Amazon AWS re:Invent conference held in 2022. The data is then layered with machine-learning based analytics, reportedly based on Amazon’s noted nearly 30 years of supply chain experience in extracting data from ERP and specialty supply chain applications.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Planning 59

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. The success of the emails can be tracked through metrics such as bounce, click-through, and conversion rates.

Supply Chain Visibility 98

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 98

SCMDOJO

NOVEMBER 2, 2023

Services Matias Offer on SCMDOJO Logistics Consulting Maritime Freight Sourcing and Procurement Logistics Technology Sourcing Executive Mentoring Guide: Matias, our supply chain consultant, has also created Maritime Freight Sourcing and Procurement Guide , which is available from SCMDOJO Academy.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

Precoro

FEBRUARY 9, 2024

Furthermore, ISZL is a member of the European Sports Conference (ECS) and the Association for Music in International Schools (AMIS), and it encourages its students to explore various sports and arts outside of academics. In general, the process seemed to operate backward compared to the conventional purchasing flow.

Purchasing Skills 52

Purchasing Skills Pricing Training Purchasing Training Procurement Solutions 52

MIT Supply Chain

JANUARY 16, 2014

For pure internet purchasing, the searching, ordering, and payment steps typically occur on line with the delivery being made at home. At the other extreme is Walmart.com where more than half of the purchases made online are picked up at local stores where the payment can be made in cash. This makes accounting somewhat difficult.

Inventory Reduction 97

Inventory Reduction Supply Chain Strategy Supply Chain Design Software Cost Reduction Strategies 97

Kinaxis

SEPTEMBER 8, 2014

The issue is that none of their IT investments in the last 10 years have moved the needle on operational metrics such as inventory levels, case fill rates, and other operational metrics. The best planning systems are implemented carefully based on conference room pilots and focus on modeling the business.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Modeling Software 261

Talking Logistics

NOVEMBER 15, 2013

First, Descartes unveiled new optimization technology at its user conference that “helps retailers and distributors make deliveries the same day an order is taken.” to Dallas,” the article reports, “[Mr. Truckers Tire of Government Sleep Rules ( Wall Street Journal ). On a recent trip from East Rutherford, N.J.,

Logistics Network Optimization Software 134

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Risk Management Modeling 134

Logistics Bureau

JANUARY 30, 2023

In the week ending January 15 th , hospitalisations in the People’s Republic increased by 70% against the week prior, according to The World Health Organization (WHO) as reported by Reuters. Other reports say that people are sickening quickly and in enormous numbers, leaving factories short-staffed at the worst possible time—Chinese New Year.

Logistics Network Optimization Software 80

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 80

EMERGE App

MAY 20, 2023

Who is most likely to purchase your product immediately? Focus on innovation and produce unique products How do customers feel after purchasing your product or receiving your services? With such a personal touch, the customers will find it easier for another and another purchase. How much do they earn?

Pricing Training 52

Pricing Training Purchasing Training Purchasing Skills Negotiating Skills 52

Precoro

AUGUST 31, 2023

Share the data with colleagues who can provide useful insights, such as upper level managers and hands-on department heads. They can offer valuable feedback on the data, as they are more familiar with the realities of purchasing habits. It’s also helpful to consider historic attempts at cost saving. Do you overstock ?

Material Savings 93

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 93

Supply Chain Game Changer

APRIL 14, 2020

as reported in the Toronto Sun. But given this foresight why are we now in a situation in which these strategic inventories are insufficient for our actual needs? In a recent conference call I was on the subject of the shortage of masks, ventilators and PPE was a point of discussion. Active inventory management.

Manufacturing Procurement 105

Manufacturing Procurement Purchasing Skills Optimal Sourcing Sourcing 105