Aioneers

DECEMBER 7, 2021

Today, we're looking at a project in Inventory Management as a Service that we have implemented at one of our customers.

Case Study 52

Case Study Consumer Goods Inventory Management Inventory 52

Talking Logistics

SEPTEMBER 8, 2015

One tactic major retailers have used to help increase their margins is to offer their own private label branded products as lower-cost alternatives to the consumer goods brands. Consumer goods manufacturers have struggled to combat these private label incursions, with varying degrees of success.

Consumer Goods 100

Consumer Goods Supply Chain Planning Software Company Analytics Software 100

Enterra Insights

JANUARY 14, 2022

Consumer packaged goods (CPG) manufacturers and their end-customers constantly engage in a complicated dance that has no choreographed steps. Sometimes CPG manufacturers take the lead and sometimes consumers take the lead. Changing Nature of Consumer Behavior. ”[3]. .” Using Home as a Hub.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

ToolsGroup

JULY 19, 2023

The Italian consumer goods company applies ToolsGroup’s probabilistic forecasting and inventory optimization across its expansive network to enhance customer experience and business value. This automated, AI-powered solution includes Demand Planning & Forecasting and Inventory Optimization.

Supply Chain Planning Software 120

Supply Chain Planning Software ToolsGroup Supply Chain Planning Forecasting 120

Logility

FEBRUARY 10, 2012

Consumer Goods Technology recently released its 2012 Consumer Goods Technology Reader’s Choice survey results. " Aggressive competitors, margin erosion, and quickly changing consumer preferences and behaviors pose serious challenges to the consumer goods industry. Success Story: Kraft Foods.

Consumer Goods 100

Consumer Goods Supply Chain Planning Software Supply Chain Software Optimization Software 100

Supply Chain Matters

AUGUST 3, 2022

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. The July 2022 J.P.

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

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. Consumer Goods. Demand-driven.

Consumer Goods 60

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

QAD

NOVEMBER 16, 2023

For many well-known products, the manufacturing has the packaging shapes, sizes and colors copyrighted so no other product can look like theirs. In today’s rapidly evolving consumer landscape, the way products are packaged plays a pivotal role in the success of consumer goods manufacturing and the overall supply chain.

Packaging 95

Packaging Supply Chain Transformation Manufacturing Procurement Sustainability 95

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

ToolsGroup

JULY 26, 2022

ToolsGroup won the award for its deep supply chain planning expertise and cloud-based solutions for retail, manufacturing, distribution, consumer goods, aftermarket parts, and telecom industries. It was announced at Inspire 2022, the annual event dedicated to the Microsoft partners ecosystem. About ToolsGroup.

ToolsGroup 156

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Software 156

DELMIA Quintiq

APRIL 6, 2020

In any regular year, manufacturers of seasonal foods such as ice cream, beer and BBQ meat have to deal with uncertainty because consumption of their products are highly dependent on food trends and the weather. Demand planning, however, gets even tougher for manufacturers with the COVID-19 outbreak in 2020.

Scenario Planning 296

Scenario Planning Supply Chain Planning Software Food Modeling 296

Unleashed

DECEMBER 15, 2021

Days Sales of Inventory (DSI) is a key measure to help you understand how efficient your inventory management is. Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. How do you calculate Average 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

Logility

SEPTEMBER 19, 2023

We had the infamous toilet paper outage that began with consumers detecting small shortages of paper rolls, which triggered a paper shortage at the manufacturing companies. This led to hoarding behaviors that exacerbating the shortage and signaled manufacturers to produce more.

Supply Chain Planning Software 135

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

Supply Chain Shaman

APRIL 15, 2020

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. Figure 1 shows a market-by-market planning model by a sinus drug manufacturer. This type of planning needs to be deployed by all consumer manufacturers.

Supply Chain Planning Software 427

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

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

Logistics Viewpoints

OCTOBER 6, 2021

Meanwhile, supply shortages and price inflation are getting the front page in consumer-focused publications and plenty of airtime on televised news. Many consumers, including myself, become irritated by the sight of empty store shelves where our favorite consumer goods are typically stored. And rightfully so.

Supply Chain Disruption 213

Supply Chain Disruption Agile and Lean Supply Chain Supply and Demand Supply Chain 213

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.

Manufacturing Procurement 89

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

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. Allocation is a good example of this. I believe this claim.

Supply Chain Planning Software 251

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 251

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? What to do with the bottlenecks?

Packaging 120

Packaging Manufacturing Resource Reduction Inventory Reduction 120

DELMIA Quintiq

JULY 31, 2023

The food and beverage (F&B) industry has always been highly responsive to changes in consumer behavior, but rising food prices have brought about new challenges—pushing manufacturers to search for new ways to adapt and remain competitive in a rapidly changing market. Solutions to overcome challenges in: 1.

Sourcing Strategies 156

Sourcing Strategies Supply Chain Planning Software Waste Reduction Price Reduction 156

Supply Chain Shaman

JANUARY 8, 2024

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. The supply chain has two important buffers–inventory and capacity.

Supply Chain Design Software 235

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 235

RFgen

OCTOBER 26, 2021

The food and beverage industry’s future lies in smart manufacturing technologies that will automate operations and drive growth. True success for food companies will occur when smart manufacturing trends are integrated into critical business systems like ERPs. Perfect data collection is required in an age of smart manufacturing.

Beverage 52

Beverage Food Inventory Management Software Trends 52

RFgen

OCTOBER 26, 2021

The food and beverage industry’s future lies in smart manufacturing technologies that will automate operations and drive growth. True success for food companies will occur when smart manufacturing trends are integrated into critical business systems like ERPs. Perfect data collection is required in an age of smart manufacturing.

Beverage 52

Beverage Food Inventory Management Software Trends 52

BlueYonder

JUNE 12, 2023

“Out of the chip pan and into the fire” must be a recurring feeling among manufacturers – across 2022 and into 2023 – as a proposed rebound following the eye of the COVID-19 pandemic storm has been usurped by a host of new and evolving challenges that have hindered both sides of the supply-demand equation.

Manufacturing Procurement 76

Manufacturing Procurement Manufacturing Cost Reduction Strategies Supply and Demand 76

Logility

AUGUST 30, 2022

a leader in supply chain innovation powering the sustainable and resilient enterprise, and The Parker Avery Group, a leading retail and consumer goods consulting firm, announced that they have formed a strategic partnership. ATLANTA (August 30, 2022) – Logility, Inc., We are very excited about this partnership. NASDAQ: AMSWA).

Logility 130

Logility Supply Chain Planning Software Supply Chain Design Software Analytics Software 130

Supply Chain Matters

MARCH 2, 2023

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMI® , compiled by S&P Global in association with ISM and IFPSM , halted a consecutive five-months of contraction levels to that of no-change. The S&P Global US Manufacturing PMI® had a February value of 47.3,

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Logistics Viewpoints

JULY 31, 2023

Unilever (NYSE: UL) is one of the world’s largest consumer goods companies. S-curves have been applied to product development, returns from an IT project, a new manufacturing process, and other business activities as well. It was believed a SCP transformation would reduce inventory, improve service and free up cash flow.

Inventory Reduction 170

Inventory Reduction Supply Chain Planning Software Material Savings North America 170

Supply Chain Shaman

MAY 1, 2023

The responsive volume can vary from 5-10% in consumer goods to 80-90% in agroscience. The techniques to improve agility are improving data transparency/insights, use of attribute-based planning, design of push-pull decoupling points, pooling of inventory, and configure-to-order/make-to-order manufacturing. Frustration.

Inventory Reduction 241

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 241

DynaSys

SEPTEMBER 8, 2020

The same concept works for business and manufacturing. As the world sorts through life with COVID-19 and trying to plan for the aftermath, many Consumer Packaged Goods (CPG) manufacturers and suppliers are developing and implementing risk management policies and procedures. Prioritize Risk. Sales and Operations Planning.

Manufacturing Procurement 63

Manufacturing Procurement Supply Chain Planning Software Manufacturing Supply Chain Network Software 63

EazyStock

FEBRUARY 17, 2021

What is Inventory Replenishment? Inventory replenishment is the process of moving stock items along the supply chain to ensure inventory levels are sufficient to cover demand. Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 75

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. 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.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

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

RFgen

JANUARY 2, 2019

Key Takeaways: Process and discrete manufacturers face increased pressure in today’s highly competitive, volatile marketplace. Process manufacturers can leverage traceability technology to meet compliance regulations. Process manufacturers can leverage traceability technology to meet compliance regulations. trillion) of the $75.2

Supply Chain Software 52

Supply Chain Software Modeling Software Demand Planning Software Predictive Analytics Software 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. SanDisk Corporation designs, develops and manufactures flash memory storage devices and software. The company is the third-largest manufacturer of flash memory in the world.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Logility

JUNE 28, 2022

Serving leading companies in consumer goods, retail, discrete manufacturing, 3PL’s and management consulting across the globe, Starboard is the fastest growing Supply Chain Design Platform and the most current technology available in the market.

Optimal Sourcing 252

Optimal Sourcing Network Optimization Software Logility Supply Chain Network Software 252

ThroughPut

APRIL 16, 2020

The relevance of digital transformation in manufacturing. PWC predicts that out of every 2,000 manufacturers, 86% will benefit from cost reductions and revenue gains from their digitization efforts over the next five years. As more and more manufacturers adopt digital technologies, industry 4.0 is gaining higher traction.

Resource Reduction 52

Resource Reduction Cost Reduction Strategies Waste Reduction Inventory Reduction 52