Supply Chain Shaman

OCTOBER 11, 2012

” CFO of a major manufacturer. 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. Have the early adopters of inventory optimization seen a reduction in inventory on their balance sheets?”

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Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 245

BlueYonder

MARCH 12, 2024

Manufacturers of consumer products — including packaged goods, food and beverages, and life sciences — face both opportunities and challenges. Consumer products manufacturers want nothing more than to accurately predict future demand. But much of this growth can be attributed to price increases.

Supply Chain Planning Software 70

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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

Kinaxis

SEPTEMBER 9, 2014

by Melissa Clow September is a busy time of year for us at Kinaxis – Many folks here are flying the skies to attend various conferences. Here’s the supply chain conferences we love and will be attending. Gartner Supply Chain Executive Conference. Automotive Logistics Global Conference. September 10-11. London, UK.

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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.

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

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.

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Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

Supply Chain Shaman

JUNE 21, 2023

Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers.

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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. A Focus on Safety Stock Is Too Narrow for Effective Inventory Management. Here are a few of the gaps.

Optimal Sourcing 299

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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?

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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!

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Automotive Cost Reduction Strategies Inventory Reduction Material Savings 52

Supply Chain Shaman

APRIL 16, 2024

This week, I was at Informs Analytics Conference. Can we build collaborative platforms for role-based discussions across commercial (sales and marketing) and operations (manufacturing, logistics, and purchasing) teams? Focus on improving operating margin, inventory turns, and revenue/employee simultaneously. in inventory value.

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ToolsGroup

MAY 23, 2023

With SO99+, illycaffe has the speed, data insights, and maneuverability to plan and manage inventory sustainably while supporting business growth and satisfying customers. It allows them to match inventory to customer needs, enhancing the consumer experience while avoiding detrimental excesses.

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Gartner ToolsGroup Supply Chain Planning Forecasting 156

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.

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ToolsGroup

APRIL 25, 2023

Sarah Voorhees, Vice President of Demand and Inventory Planning at American Tire Distributors, will discuss how ATD improved in-house planning processes by adopting ToolsGroup Service Optimizer 99+ ( SO99+ ).Thanks Interested in learning more about ToolsGroup’s solutions? Book a meeting here and stop by booth #344.

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ToolsGroup Gartner Florida Inventory Reduction 156

SupplyOn

SEPTEMBER 3, 2019

More than 750 participants from 51 countries all over the world came to discuss the latest trends in Manufacturing 4.0 Andreas Zaby, President of the Berlin School of Economics and Law (HWR), welcomed the more than 750 participants from 51 countries worldwide to the MIM 2019 conference. The post Manufacturing 4.0 Likewise, Prof.

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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. Teradyne , a supplier of semiconductor testing equipment, pulled manufacturing worth about $1 billion out of China last year, a Teradyne spokesperson said on Monday, after U.S. The shares fell as much as 7.6

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Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

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?

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Supply Chain Shaman

SEPTEMBER 20, 2015

During the year, I go to a lot of conferences. When I hear them at a conference, I squirm uncontrollably in my seat. Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. Source: Dictionary.com. This makes me yawn.

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Logility

MARCH 11, 2024

About IRONMARKETS IRONMARKETS , formerly known as AC Business Media , is a leading business-to-business media and buyer engagement platform with a portfolio of renowned brands in heavy construction, asphalt, concrete, paving, rental, sustainability, landscape, manufacturing, logistics, and supply chain markets. Learn more at [link].

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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.

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

Supply Chain Shaman

SEPTEMBER 13, 2023

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain. Go to the source. Listen and learn.

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

DELMIA Quintiq

OCTOBER 25, 2015

To meet consumers’ increasing appetite for choice, Fast Moving Consumer Goods (FMCG) manufacturers develop a huge amount of Stock Keeping Units (SKUs). This has a direct impact on packaging manufacturers who now need to find ways to cope with more diverse demand. What should change? The packaging market is very dynamic.

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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?

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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). Lack of Focus on Form & Function of Inventory and Designing Network Flows. As supply chains moved from regional to global, intransit and cycle inventories increased.

Procurement Analytics 370

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Logility

AUGUST 4, 2023

DENSO Corporation , a global automotive components manufacturer, is bucking that trend with tighter collaboration and a different outlook on supply chain disruption. Companies risk collapsing when they react to a disruption in ways that deviate from their mission and values,” warns Turk. “By

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Supply Chain Planning Software Sustainability Gartner Agile and Lean Supply Chain 184

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. Only 29% of manufacturers easily manage total cost trade-offs. Heavily booked and running from meeting to meeting, I was late.

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Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

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 169

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GlobalTranz

JANUARY 8, 2016

We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence?

Manufacturing Procurement 120

Manufacturing Procurement Eliminating Excel in Purchasing Supply Chain Planning Software Manufacturing 120

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. Tracking Progress.

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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. Industries carried on average 32 days more inventory in 2020 than in 2007. (I

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S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

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.

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Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

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

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. The question is, “Why?”

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

ToolsGroup

APRIL 14, 2023

Powered by ToolsGroup Inventory Hub, which provides real-time perpetual inventory signals from across the enterprise, JustEnough enables complete dynamic forecasting, allocation, replenishment, and fulfilment for more accurate forecasts, more agile merchandise financial plans, and more precise assortment and inventory stock plans.

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ToolsGroup Supply Chain Planning Software Supply Chain Software Forecasting Software 120

Supply Chain Shaman

JULY 21, 2022

To help, we analyze business results each year to understand which companies outperform on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) over the past ten years. There are too many conferences where speakers are assumed to be industry leaders but underperform. Industry Bias.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

Logistics Viewpoints

AUGUST 7, 2023

Pete Bennett, and his co-presenter, Mary Byrne, the vice president of supply and demand planning, spoke during a presentation at Kinaxis’ user conference Kinexions. Cardinal Health, a global manufacturer and distributor of medical, surgical and laboratory products, is focused on continuous improvement of service.

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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. “Never let a good crisis go to waste.”

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