QAD

MARCH 30, 2023

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. RFID is a type of automatic identification and data collection (AIDC) technology. and bring inventory accuracy up to an impressive 99.9%.

Manufacturing Procurement 90

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 90

E2open

JULY 11, 2016

Turning Your Consumer Goods Supply Chain Into a Competitive Advantage. Today’s modern supply chains are multi-enterprise, starting with consumers, retailers, distributors; and flowing through an extended network of suppliers, contract manufacturers, and other third parties. Create healthy inventory across the entire value chain.

Consumer Goods 60

Consumer Goods Supply Chain Software Supply Chain Planning Software Supply Chain Planning 60

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. As such, optimally managing your sales and inventory at Kroger is essential to grow your brand and solidify its foothold with the end consumer.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Unleashed

SEPTEMBER 30, 2021

Vendor managed inventory (VMI) – when executed well – can be an efficient and cost-effective system for managing the supply of goods. Learn more: What is Inventory Management? Techniques for 2021 What is vendor managed inventory? How does vendor managed inventory work?

Vendor Strategies 98

Vendor Strategies Inventory Reduction Inventory Inventory Management Software 98

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. Allocation is a good example of this. These crawlers never stop working. I believe this claim.

Supply Chain Planning Software 252

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

Enterra Insights

SEPTEMBER 28, 2020

From demand planning to manufacturing to trade promotion optimization, data is essential for almost every aspect of consumer packaged goods (CPG) company operations. To avoid diving blindly into new endeavors and wasting resources by consequence, CPG brands need sales and media data to direct and inform their alterations.”[1]

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Logistics Viewpoints

JULY 31, 2023

Unilever (NYSE: UL) is one of the world’s largest consumer goods companies. Providing one face to the customer required better order management, improved master data, and a new supply chain planning (SCP) solution from Kinaxis. Unilever has over 20 ERP platforms that the new SCP solution needed data from.

Inventory Reduction 170

Inventory Reduction Supply Chain Planning Software Material Savings North America 170

Logistics Viewpoints

MARCH 27, 2023

As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. This leads to lower inventory carrying costs and thus better case flow. Demand forecasting should be tightly integrated to an inventory optimization application.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Logility

SEPTEMBER 19, 2023

Retailers across the world have surplus inventory of nearly every kind of consumer goods – clothing, electronics, housewares. So much so that some big retailers are allowing customers to keep their returns instead of adding to the already excess inventories. Excel-based tools lack these capabilities.

Supply Chain Planning Software 135

Supply Chain Planning Software Modeling Supply Chain Software Supply Chain Planning 135

Supply Chain Shaman

APRIL 15, 2020

Experiment to find the right data set to evolve regional models. The order is no longer a good proxy for demand. And, in consumer products industries, the latency of syndicated data is deadly. A Sample Demand Pattern for Consumer Goods. Translate this data into decision support technologies.

Supply Chain Planning Software 443

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

Supply Chain Shaman

JANUARY 8, 2024

Working on it over the holiday break, allowed me to spend more time to think about the trends that I am seeing in the data. Industry Trend at the Intersection of Operating Margin and Inventory Turns for 2013-2022 My conclusion? The supply chain has two important buffers–inventory and capacity. The reason?

Supply Chain Design Software 239

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 239

Supply Chain Matters

JUNE 10, 2022

In our Supply Chain Matters commentaries focused on online customer fulfillment and especially the 2021 holiday fulfilment period, we cautioned retail and consumer goods supply chain management teams to be watchful for the bullwhip effect in inventory planning and replenishment needs to support expected customer demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Scenario Planning Supply Chain Planning 52

Unleashed

DECEMBER 15, 2021

Days Sales of Inventory (DSI) is a key measure to help you understand how efficient your inventory management is. Learn more: Inventory Accounting – A Free Video Guide for Accountants & Advisors What is Days Sales of Inventory (DSI)? It’s also known as Days Sales in Inventory and Average Age of Inventory.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

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

DELMIA Quintiq

APRIL 6, 2020

Will sales in grocery stores increase drastically because everything else is closed or will people consume less seasonal foods? In2020, sales data from previous years won’t help manufacturers anticipate the demand and popularity of products. The planning and optimization of the inventory build-up should start months in advance.

Scenario Planning 296

Scenario Planning Supply Chain Planning Software Food Modeling 296

crisp

JULY 12, 2023

Crisp’s resident supply chain expert Barry Bradley shares an update on the state of the consumer goods supply chain, offering insight on how companies can stay ahead of the trends and gain a competitive advantage. Crisp supports suppliers in their planning process by offering highly granular, real-time data.

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Planning Manufacturing Procurement 52

Alloy

JULY 28, 2023

Consumer Goods Index – May 2023 Edition Deltas in sales over time and inventory totals are critical leading indicators for the health of the consumer goods industry. Retailers and consumers alike are impacted by deviations and volatility in the consumer goods supply chain. since April 2021.

Inventory Reduction 52

Inventory Reduction Consumer Goods Price Reduction Cost Reduction Strategies 52

Logistics Viewpoints

SEPTEMBER 19, 2022

A MSCN is a collaborative solution for supply chain processes built on a many-to-many architecture which supports a community of trading partners and third-party data feeds. Nulogy, for example, is a platform for collaboration between consumer goods brands and their copacker and comanufacturing partners.

Supply Chain Design Software 157

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Network Software 157

Stord

APRIL 11, 2022

The out-of-stock sticker shock we experienced in the past few years is forcing retailers to take a hard look at how they plan inventory. Product availability was a clear problem during the pandemic: last holiday season, consumers saw over 6 billion out-of-stock messages online , a 253% increase over the 2019 season. in April 2021.

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

Supply Chain Shaman

MAY 1, 2023

Organizations that embrace and use data outperform. While companies build Supply Chain Centers of Excellence, most are not clear on what good looks like. The responsive volume can vary from 5-10% in consumer goods to 80-90% in agroscience. Inventory as Waste. Manage inventory as a liability. The other issue?

Inventory Reduction 251

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 251

Logistics Viewpoints

AUGUST 2, 2021

Kimberly-Clark is public consumer goods company that generated over $19 billion in revenues last year. This consumer goods behemoth has driven ongoing supply chain productivity through their FORCE (Focused On Reducing Costs Everywhere) program. Not surprisingly, many of FourKites’ users work in transportation operations.

Real-time Visibility 251

Real-time Visibility Shipping Sourcing Strategies Supply Chain Planning Software 251

Alloy

JUNE 13, 2023

Menu Product Solutions Partners Resources Get Started Login Product Alloy.ai Overview Alloy.ai Menu Product Solutions Partners Resources Get Started Login Product Alloy.ai Overview Alloy.ai Menu Product Solutions Partners Resources Get Started Login Product Alloy.ai Overview Alloy.ai

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Beverage Consumer Goods 52

Logility

OCTOBER 15, 2021

Logility’s corporate responsibility solution is far more than a repository of supplier audit data. At the brand level, corporate responsibility visualizes a wide variety of social and environmental data gathered from individual members of the supply chain. Logility enables companies to reach their sustainability goals, and with our 21.02

Supply Chain Planning Software 181

Supply Chain Planning Software Sustainability Supply Chain Planning Innovation 181

Alloy

SEPTEMBER 3, 2019

Part 1 of this series highlighted four of the most important retailer data points that suppliers need to maintain an efficient supply chain and maximize sales opportunities: Unit Sales (Net), Dollar Sales (Net), Price, and Retailer COGS. It’s calculated by dividing Retailer COGS by the average inventory on hand during the period.

Forecasting 40

Forecasting Forecasting Software Alloy Retail 40

Logistics Viewpoints

JUNE 26, 2023

Mars is one of the largest fast moving consumer goods companies in the world. The final goal was to develop end-to-end visibility based on leveraging data analytics. Aera Technology was seen as a convergence point for what Mars Wrigley was doing in data analytics and AI with what the company was doing in supply chain planning.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Supply Chain Matters

DECEMBER 28, 2023

An initial estimate of this year’s retail holiday spending indicates a mixed bag, depending on either retail industry, consumer goods producer or logistics and transportation industry perspectives. Mastercard SpendingPulse Data Payments processing firm Mastercard Spending Pulse indicated this week that U.S. All rights reserved.

Forecasting 52

Forecasting Apparel Inventory Reduction Journal 52

Unleashed

MARCH 13, 2019

When managing inventory, there are a wide array of challenges and problems that face business owners. Inventory is one of your most important assets. It’s imperative to prevent and mitigate inventory management problems in order to protect the lifeblood of your business. Inventory going off. Human error.

Inventory Management Software 66

Inventory Management Software Inventory Management Inventory Forecasting Software 66

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

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

The Logistics of Logistics

JULY 22, 2022

He is working with Microsoft, Accenture, and other partners to deliver a multi-tenant supply chain model that leverages data, the cloud, and shared pay-for-use robotics facilities, to allow consumer goods to reach customers next or same-day at the cost of standard delivery. Learn More About The Micro-Fulfillment Opportunity.

Warehousing 209

Warehousing Material Savings Supply Chain Network Software Modeling Software 209

Taulia

SEPTEMBER 9, 2021

Inventory management is an essential process for almost every type of business. Inventory is often the largest current asset and poor or ineffective management of stock can lead to large losses or in some cases, business failure. Yet the successful organization of inventory is not without its challenges.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Material Savings 52

Supply Chain Shaman

SEPTEMBER 20, 2015

Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. The company is a Fortune 500 company serving four major markets: Data Centers, Client Computing, Mobile and Connected Devices and the Consumer Markets. It is systemic.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

ToolsGroup

DECEMBER 4, 2018

Direct-to-Consumer (DTC) presents special supply chain planning challenges for both smaller microbrands (e.g., eyeglass brand Warby Parker or mattress seller Casper) and much larger consumer goods incumbents, but the planning challenges are different depending on which type of company you are. See the full story here ).

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 159

Enterra Insights

JANUARY 14, 2022

.”[1] With mixed messages constantly being generated about consumer behavior, only real-time data can help CPG manufacturers and retailers keep in step with consumer behavior. Changing Nature of Consumer Behavior. ”[3]. ” Footnotes. [1] ” Footnotes. [1]

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

Logistics Viewpoints

MARCH 25, 2021

The average cost of a data breach reached $3.86 The pandemic drove up prices on many consumer goods as people shifted spending to e-commerce and bought at holiday levels in early spring. The system wasn’t prepared for the surge, driving up pricing for transportation and sapping inventory levels.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

ToolsGroup

JANUARY 3, 2017

The ToolsGroup customer base of more than 300 companies has allowed us to access a wide array of supply chain planning data for benchmarking in different industries and different circumstances. The key challenges cited most often by clients in different industries were: Consumer Goods. Consumer Goods. Industrial.

Benchmarking 168

Benchmarking Supply Chain Planning Scenario Planning Forecasting 168

Enterra Insights

OCTOBER 11, 2022

Armed with more data than ever before, they’re able to run ‘what-if’ simulations to determine the optimal decision in response to actual market conditions, such as sudden demand shifts or short-term shortages of product.”[2] ”[5] In order to do this, Cecere explains, companies need to: • Use market data.

S&OP 130

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Planning 130

DELMIA Quintiq

JULY 31, 2023

Manufacturing and operations technology Modern digital solutions can help F&B manufacturers make better, faster and data-driven decisions while implementing more sustainable practices. Solutions to overcome challenges in: 1.

Sourcing Strategies 156

Sourcing Strategies Supply Chain Planning Software Waste Reduction Price Reduction 156