Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

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.

ToolsGroup 156

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Software 156

Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

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

Logistics Viewpoints

AUGUST 2, 2021

Driver dwell is a key source of driver dissatisfaction and contributes to the driver shortage. Kimberly-Clark is public consumer goods company that generated over $19 billion in revenues last year. K-C needed one solution … to understand where loads are all across the organization” based on “one source of truth.”

Real-time Visibility 251

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

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. China was the source of over 90% of PPE.) A Sample Demand Pattern for Consumer Goods. Instead, use demand sensing technologies to detect patterns with minimal latency into inventory requirements. Evaluate Inventory. Evaluate inventory health weekly. What to do?

Supply Chain Planning Software 427

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

QAD

NOVEMBER 16, 2023

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. The transformation has touched all inventory levels from material sourcing to end product delivery. It still is.

Packaging 95

Packaging Supply Chain Transformation Manufacturing Procurement Sustainability 95

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

Logistics Viewpoints

JULY 31, 2023

Unilever (NYSE: UL) is one of the world’s largest consumer goods companies. This multinational operates 280 factories and 500 warehouses, that source raw materials from 52,000 suppliers in over 150 countries, processes 25 million customer orders annually, that are then shipped to customers in over 190 nations.

Inventory Reduction 170

Inventory Reduction Supply Chain Planning Software Material Savings North America 170

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

Supply Chain Planning Software 309

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

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. Source: Descartes Datamyne.

Supply Chain Disruption 213

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

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

DELMIA Quintiq

JULY 31, 2023

Source: Deloitte – Consumer sustainability tops the innovation agenda The effective implementation of sustainability goals on emissions, circularity, waste reduction and the recyclability of materials requires a transformation of company operations spanning the entire supply chain—of which digital transformation is a key part.

Sourcing Strategies 156

Sourcing Strategies Supply Chain Planning Software Waste Reduction Price Reduction 156

Logistics Viewpoints

JUNE 26, 2023

Mars is one of the largest fast moving consumer goods companies in the world. Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning.

Supply Chain Planning Software 207

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

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

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

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. This included monthly reviews between business units and central operations teams and adaptive inventory segmentation policies. It is systemic.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

GlobalTranz

APRIL 13, 2021

There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Price fluctuations and sourcing issues. Trade disputes and tariffs.

Supply Chain Disruption 205

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 205

Logility

OCTOBER 15, 2021

The new release includes reimagined inventory planning and optimization functionality, enhancements to raw materials traceability, enhanced notification capabilities, and a new-look demand forecast view that increases accessibility and readability for all decision-makers. Other Features in this Release.

Supply Chain Planning Software 181

Supply Chain Planning Software Sustainability Supply Chain Planning Innovation 181

Logistics Viewpoints

SEPTEMBER 19, 2022

Nulogy, for example, is a platform for collaboration between consumer goods brands and their copacker and comanufacturing partners. Chris Castle, the vice president of product management at Nulogy, said that collaboration in the consumer goods industry was more even handed than in industries like automotive.

Supply Chain Design Software 157

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

EMERGE App

JULY 11, 2018

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. Introduction. Get Professional Help.

Purchasing Skills 64

Purchasing Skills Manufacturing Procurement Negotiate Pricing Negotiating Skills 64

Enterra Insights

JANUARY 14, 2022

Lisa Johnston ( @thatljohnston ), Senior Editor at Consumer Goods Technology, writes, “Much has been written about the extreme shifts in consumer behavior patterns.”[2] Because consumer behavior has changed rapidly and dramatically during the pandemic, relying on historical data is not always a good strategy.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

Vecco International

FEBRUARY 4, 2024

Large global consumer goods companies with a combination of internal manufacturing and outsourcing must effectively predict demand and manage complex multi-national supply chain networks to ensure on-time in full delivery to their retail customers such as WalMart, CostCo, Amazon, QVC.

Beverage 40

Beverage Food Supply Chain Planning Software Manufacturing Procurement 40

Supply Chain Shaman

AUGUST 7, 2018

However, we can start with inventory management and the tracking of materials in the hospital more efficiently. In those days, it was impossible to track inventory in the warehouse. A good perpetual inventory signal is essential to supply chain excellence. Source: CNN, [link]. Let me know your thoughts.

Pharmaceutical 150

Pharmaceutical Manufacturing Procurement Sourcing Strategies Inventory Reduction 150

Supply Chain Matters

NOVEMBER 28, 2022

Specifically for retail and consumer goods focused supply chain management teams, a short-term tactical concern is the ongoing management of excess product inventories, which in many cases, need to be trimmed before the end of the year. Implications of Covid Lockdown Challenges Across China.

Sourcing Strategies 59

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 59

ToolsGroup

MARCH 17, 2021

Because our customers around the globe can meet or exceed their service level requirements while minimizing inventory, they’re ready for whatever tomorrow brings.” Michael has been particularly instrumental in the past 12 months working closely with companies in the fast-moving consumer goods industry on COVID-19 response and recovery.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

Supply Chain Shaman

APRIL 30, 2020

The companies are just not good at managing inventories and orchestrating distribution strategies. The industry planning team expertise lags the consumer goods, and hi-tech industries. They are seldom cross-functional to optimize source, make, and deliver together. New Problems Require New Solutions.

Supply Chain Design Software 352

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 352

Supply Chain Matters

FEBRUARY 25, 2022

In a Supply Chain Matters commentary published earlier this month, we highlighted for readers that the implications of rapidly rising producer prices and end-product consumer goods inflation on industry supply chains. West Coast ports currently averaging over 100 days, more inventory is sitting on ships and not able to be sold.

Supply Chain Planning 40

Supply Chain Planning Inventory Manufacturing Procurement Supply and Demand 40

Alloy

AUGUST 10, 2021

For consumer goods brands, launching into new stores provides major opportunities, but also comes with major risks. How do you identify and quickly respond to out-of-stocks and phantom inventory? In fact, 74% of consumers switched brands last year due to lack of product availability.

Resource Reduction 72

Resource Reduction Alloy Resources Retail 72

Freightos

DECEMBER 20, 2022

More than 80% of goods – by volume – are moved by ocean freight globally, so shipping costs directly impact the price level of imported goods. These same goods account for about 20% of the items measured in the Consumer Price Index, or CPI. Sources: U.S.

Purchasing Skills 156

Purchasing Skills Analysis Cost Reduction Strategies Freight 156

ToolsGroup

AUGUST 20, 2019

Gartner says that the most common outsourced SCP processes are inventory management, statistical forecasting and service parts planning. Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. Driven by improvements in performance and cost.

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

o9 Solutions

JANUARY 18, 2022

18 , 2021 – o9 Solutions , a leading enterprise AI software platform provider for transforming planning and decision-making, today announced the formation of a strategic alliance with Columbus Consulting International , a boutique consulting firm specializing in solving problems for consumer goods companies and retailers, including grocers. .

Columbus 52

Columbus Modeling Software Modeling Supply Chain Planning Software 52

Supply Chain Shaman

SEPTEMBER 30, 2014

Source Wikipedia. The digital consumer often wants to shop online, pick up at the store, and conveniently manage returns. Each year I go to the Consumer Goods and Technology (CGT) conference where speaker-after-speaker talks about retail/supplier collaboration. Current State of Perpetual Inventory.

Optimal Sourcing 296

Optimal Sourcing Forecasting Forecasting Software Supply Chain Network Software 296

Supply Chain Matters

DECEMBER 28, 2023

Timely Industry Example- Online Retail and E-Commerce With increased importance of online retail, E-Commerce or services-centric business models, enhanced coordination of customer focused fulfillment and inventory management has taken on special emphasis. and specifically increased demand for many forms of pandemic related consumer goods.

Supply Chain Planning Software 59

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

Logility

DECEMBER 9, 2011

. $100 million – Amount Proctor & Gamble saved in just the beauty division from multi-echelon inventory optimization ( Link ) ( Video ). $50 50 million – Total savings HP realized from MEIO as well as a 30% inventory reduction ( Link ). 26% – Amount Boston Scientific reduced their inventory ( Link ). $20

Optimal Sourcing 101

Optimal Sourcing Inventory Reduction Optimization Software Inventory Management Software 101

Supply Chain Matters

FEBRUARY 7, 2024

We believe that these inventory management, customer and last-mile fulfillment strategies will have industry wide implications in terms of competitive stakes and cost-to-serve. Across the United States , Amazon elected to change its former predominant west to east coast hub based inventory and fulfilment distribution network.

Supply Chain Network Software 52

Supply Chain Network Software Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Synovos

AUGUST 9, 2023

We stock more than 750,000 industrial and electronic products, sourced from over 2,500 leading suppliers, and provide a wide range of product and service solutions to 1.1 million customers. Prior to joining RS Integrated Supply, Campi worked for GlaxoSmithKline, and Avon.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing 52