Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health’s senior vice president of global logistics, said of their implementation of the Kinaxis’ supply chain planning (SCP) solution, “I was scared! 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.

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

Supply Chain Movement

MAY 19, 2016

As senior vice president operations, I am the business owner of all operations from demand planning to execution, procurement to manufacturing. We have planned well in advance, and we have experience. This demand planning is one of the most important areas where we can take money out of supply chain.

Supply and Demand 60

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 60

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. Effective Distribution Operations require careful planning, coordination, and execution to ensure that products reach their intended destinations in a timely and cost-effectively.

Inventory Reduction 106

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 106

QAD

FEBRUARY 25, 2020

While the focus is on delivering continuous improvements in cost, quality, production and delivery, significant environmental benefits often result in the areas of production efficiency and waste minimization. Consider the effects of excess inventory and unnecessary shipments.

Waste Reduction 145

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 145

Logility

FEBRUARY 18, 2020

Techniques aside, what sets Machine Learning apart is the learning and improvement that occurs over time, so that better outputs and results are achieved. Machine Learning has been used to improve demand forecasting since the early 2000s. Planners gain real-time visibility into inventory at rest and in motion.

Supply Chain Planning Software 182

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply and Demand 182

Unleashed

OCTOBER 9, 2018

Planning is one of the core functions of supply chain management that can help minimise errors and thus increase the accuracy of forecasting demand. Understanding and predicting customer demand is vital for businesses to avoid stock-outs, maintain adequate inventory stock levels and increase overall profitability.

Forecasting 58

Forecasting Supply and Demand Forecasting Software Supply Chain Planning Software 58

ThroughPut

SEPTEMBER 29, 2022

The latest AI-powered software empowers businesses with a bird’s eye view of finances at the business unit and organizational level to identify those improvements in specific areas that can drive greater profitability and SKU-level contribution margins.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Resource Reduction Inventory Reduction 52

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes. Let’s check out the most common use cases.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Supply Chain Shaman

NOVEMBER 10, 2013

Demand planning processes lack standardization and self-reported data is suspect. The use of this continuous improvement process had a significant major impact on the bias and error of leaders. My Take: If growth is important to your business, you cannot manage demand planning processes like you did ten years ago.

Supply and Demand 228

Supply and Demand Forecasting Forecasting Software Modeling Software 228

Supply Chain Shaman

FEBRUARY 12, 2017

For the past four years, as we have done our work, we have tracked Novo Nordisk’s continued improvement against the pharmaceutical peer group. Note that neither company is making progress at the intersection of operating margin and inventory turns. Performance and Improvement within the Pharmaceutical Industry for 2009-2015.

Pharmaceutical 150

Pharmaceutical Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design 150

Supply Chain Game Changer

JANUARY 19, 2022

Strategies to improve your Supply Chain article and permission to publish here provided by Claire Glassman. The supply chain is a significant part of your overall business strategy and inventory management. Use Demand Planning. Reliability. Great suppliers are reliable.

Vendor Strategies 109

Vendor Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 109

ThroughPut

MARCH 25, 2024

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. The main benefits of accurate demand forecasts are: 1.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Logistics Viewpoints

APRIL 4, 2022

For some customers, they manage the inventory using a vendor managed inventory program. In some case they manage inventory at the customer’s site. “We The company also needs to drive cash efficiency and improved productivity. It is critical that lead times be updated so that plans can be accurate.

Supply Chain Transformation 194

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 194

ThroughPut

JUNE 16, 2023

It is important to implement a well-orchestrated, centralized supply chain planning mechanism, where supply and demand are balanced and necessary what-if scenarios and real-time demand fluctuations are also considered. How can it help match appropriate inventory stocks based on demand trends? S&OP) 2.

Supply Chain Planning 52

Supply Chain Planning Scenario Planning Supply and Demand Resource Reduction 52

SCMDOJO

NOVEMBER 17, 2023

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. Practical Guides like Plan for Every Part (PFEP) , Demand Forecasting Methods or Stocktaking Procedure.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 74

Kinaxis

MAY 13, 2015

Through the use of technology as an enabler, Avaya was able to transform their supply chain into one centered on continuous improvement and innovation. He holds Bachelor’s and Master’s degrees in Industrial Engineering from Auburn University, and is an APICS Certified Fellow in Production and Inventory Management (CFPIM).

Supply Chain Transformation 100

Supply Chain Transformation Supply and Demand Supply Chain Planning Software Supply Chain Design Software 100

Logility

APRIL 8, 2014

Sean Willems delivered a master class on why optimized inventory policies are crucial to profit-enhancing segmentation strategies that achieve differentiated service levels and maximum return on investment.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning Supply Chain Strategy 100

Arkieva

NOVEMBER 15, 2016

With the end of the year looming, it’s once again that time of the year when businesses plan for the upcoming year. For organizations committed to a continuous improvement process for their supply chain and other business processes, now might be an excellent time to perform a supply chain management assessment.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 60

Supply Chain Shaman

NOVEMBER 21, 2018

Instead, these measurements should be plotted along with these seven parameters of planning to drive continuous improvement. Inventory levels? Slow and obsolete inventory? Five Things I have Learned About Global Supply Chain Planning. Five Reasons We Are Not Making Progress on Inventory Management.

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

QAD

MARCH 16, 2022

You should look at the number of hours and shifts available, as well as absenteeism estimates and supply chain variables, like vendor performance, lead time and inventory. Step 2: Develop a Strong Demand Plan. An accurate demand plan is an important next step. Step 3: Determine Capacity Modification Requirements.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Capacity Scenario Planning 52

Supply Chain Shaman

AUGUST 11, 2014

We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement. We think that it requires a focus on both total performance and measured supply chain improvement.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

ThroughPut

NOVEMBER 30, 2023

You can then identify improvement areas that can drive maximum revenue and profitability, reduce supply chain costs, and mitigate supply chain risks, while continuously improving operational efficiency and contribution margins – as well as reducing waste.

SAP 52

SAP Optimal Sourcing Supply and Demand Data 52

Supply Chain Matters

APRIL 28, 2023

Business’s must further be more proactively prepared toward the timing and sensing of market or product demand changes or shifts to ensure that return on working capital is optimized. The focus often turns to improvements in working capital efficiencies, inventory and capacity management in addition to more efficient asset management.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

GlobalTranz

MAY 13, 2015

Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 is one of a growing number of big-box retailers building out their supply chains with distribution centers designed to meet the demands of online shopping. Decades in the Making.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

USC Consulting Group

JANUARY 10, 2022

It’s a useful process, but we’ve found it’s missing a critical area: Inventory. Adding inventory into the mix is just one additional step, but we find it can be the key to the whole thing. When you’re focusing on inventory, it requires a more careful strategy and elevates the entire planning process up a notch.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Inventory Reduction 40

USC Consulting Group

MAY 24, 2021

Don’t let poor demand planning be part of the problem. Demand planning is vital in any economy, but it is elevated to an art form in the economy we’re living with right now. When the product arrives, you can process it and get it out the door as quickly as possible.

Supply Chain Disruption 52

Supply Chain Disruption Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning 52

Supply Chain Shaman

JANUARY 21, 2014

Companies are stuck at the intersection of inventory turns and operating margin. They are unable to drive improvements in both. The mathematical determination of ease of forecasting (the determination of the probability of demand). Slowly the words take definition in everyday speech. Nine out of ten supply chains are stuck.

Supply and Demand 323

Supply and Demand Modeling Demand Planning Software Forecasting 323

GlobalTranz

JUNE 2, 2015

Big Data and Supply Chain Analytics Offering Benefits of Continual Improvements and More… Big data is more useful than many people fully realize. This can also help you decide how to manage new items that are new to your business or to your inventory. We hope you enjoy!

Big Data 120

Big Data Supply Chain Optimization Supply Chain Planning Software Optimization Software 120

Supply Chain Shaman

AUGUST 14, 2016

A demand network translates demand across multiple parties. The focus is on channel data: price; inventory positions; and policies. As markets shift, a demand network enables a clear understanding of market positions with minimal latency. Demand Sensing. This requires modeling and continued refinement.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Talking Logistics

JULY 27, 2015

Supply chain management spans many functions and processes, including demand planning, sourcing, merchandising, supplier relationship management, inventory management, inbound and outbound transportation, distribution management, and store operations. How much inventory do we have across our network?

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 100

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. Then determine is the project targeted to improve visibility, control and improve an outcome or drive continuous improvement.

Supply Chain Planning Software 167

Supply Chain Planning Software Modeling Software Analytics Software Demand Planning Software 167

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Short cycles require buffer inventories and short lead times. Let me explain. The reason?

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Logility

JANUARY 18, 2024

When it comes to supply chain planning, it may be hard to believe that these current capabilities can bring any real value. But it is setting the foundation for a new paradigm that could cut 70% of weekly planning time, 15%–30% fewer forecast errors, and impressively improved inventory outcomes. Want to learn more?

Modeling 191

Modeling Optimal Sourcing Supply Chain Planning Software Supply Chain Software 191

Kinaxis

NOVEMBER 23, 2015

Does being the best at a specific supply chain function — Demand Planning, Supply Planning, Inventory Planning, Order Fulfillment and S&OP—define a best in class supply chain? In contrast, the companies leading in supply chain have a thirst for knowledge, and continuous improvement.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 100

Logility

MARCH 29, 2017

This makes the demand planner’s role challenging and rewarding at the same time. An improvement in forecast accuracy can have a significant impact on the bottom line by reducing inventory buffers, obsolete products, expedited shipments, DC space required and other non-value added work.

Forecasting 100

Forecasting Forecasting Software Supply Chain Planning Software Agile and Lean Supply Chain 100

ToolsGroup

NOVEMBER 19, 2019

Demand forecasting and inventory planning will bolster TireHub’s service-driven strategy. TireHub will also eventually utilize machine learning-augmented demand sensing to improve responsiveness to market changes and predictability of seasonal impacts. . PRESS RELEASE. BOSTON, Mass.

ToolsGroup 24

ToolsGroup Supply Chain Optimization Optimization Software Supply Chain Planning Software 24

Logility

MAY 1, 2019

To many supply chain professionals, minimizing waste equates to removing inventory. 6-Sigma projects follow the six step DMAIC process which stands for Define, Measure, Analyze, Improve and Control. Kaizen (continuous improvement) is an ongoing process of looking for improvements in every area of the process.

Agile and Lean Supply Chain 102

Agile and Lean Supply Chain Supply Chain Planning Software Lean Six Sigma 102