Logistics Viewpoints

NOVEMBER 23, 2020

“We could not manage our business with that tool,” Mr. Stephens realized. Ipsen purchased the RapidResponse supply chain planning product from Kinaxis. Ipsen purchased the RapidResponse supply chain planning product from Kinaxis. The solution also promotes collaboration. Ipsen also need to reduce their lead times.

Supply and Demand 193

Supply and Demand Customer Service Logistics Network Optimization Software Supply Chain Planning Software 193

Unleashed

AUGUST 16, 2023

A backorder presents an opportunity for businesses to continue to make sales on products that are temporarily out of stock. Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. The inability to purchase out-of-stock goods will usually send a customer elsewhere.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

SCMDOJO

JUNE 6, 2023

Demand Forecasting & Planning Understanding data analytics is relevant as we continue to herald in the nouveau era of tech-powered automation and optimization. Moving along, data analytics helps with effective demand forecasting and planning. They can understand their supply chain operations with more precision.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Silvon Software

APRIL 18, 2023

While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? Each requires its own portfolio of metrics. How do we get buy-in around the organization?

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 64

Unleashed

AUGUST 20, 2023

For customers, it can mean the time it takes to receive an order after they have purchased it. For product sellers, it can refer to how long it takes to receive raw materials or bulk products after placing a purchase order with a supplier. There are many definitions for lead time in supply chain management.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Unleashed

APRIL 6, 2022

Here we look at the aims and optimal outcomes of lean operations through the lens of these 13 core principles – and give you insights into how digital tools like manufacturing inventory software can support your business’ use of these methods. This can achieved with the five ‘S’s, which are: Seiri / sort.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Inventory Management Software 98

Supply Chain Shaman

JULY 22, 2016

Shifting demand increases cost and complexity while shaping demand increases market share or baseline forecast demand for the product. There are many misconceptions that must be challenged: 1) Demand Management Is Forecasting. Traditional Advanced Planning Solutions (APS) approaches are too limited. 2) One-Number Forecasting.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

Supply Chain Shaman

APRIL 7, 2016

When you think about the product lifecycle from cradle-to-cradle through the moments of truth of purchase, usage, and disposal, what are the opportunities to improve corporate social responsibility? 2) Market-Driven Forecasting. So, what are the market signals to model to forecast demand at the cadence of the market?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Logility

OCTOBER 6, 2023

Integrations include cloud ERP systems, data warehouse solutions, or big data systems – such as Microsoft Azure Synapse and Snowflake – or can be driven by events or web services that make the platform more responsive. What do these drivers and advantages mean for my business?

Supply Chain Planning Software 198

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 198

Unleashed

MARCH 24, 2024

Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace. In this guide to lean manufacturing tools: What are lean manufacturing tools? Indeed, these tools could be several different things, such as: New shop floor layouts. Big data frameworks.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Silvon Software

APRIL 18, 2024

These technologies are not just transforming business areas like sales, procurement, production, distribution and others by streamlining data categorization and insight generation; they are reshaping entire business landscapes by offering real-time intelligence that informs strategic decision-making across all core areas.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

GlobalTranz

NOVEMBER 17, 2016

Demand forecasts. Transportation modes used in procurement and shipping. Distribution of goods prior to purchase. As explained in a previous blog post, continuous improvement in an organization can be achieved through the use of performance measurement tools via big data. Increasing order efficiency.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

Supply Chain Shaman

FEBRUARY 25, 2016

The SCOR model defines functional improvements, but falls short in defining cross-functional supply chain transformation. The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. The CIO budget is hamstrung with system upgrades and software license payments.

Supply and Demand 150

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

Elementum

FEBRUARY 7, 2024

Advances in technology drive the automation and continuous improvement of business workflows. It goes beyond traditional automation by encompassing a wider array of processes and focusing on both the effectiveness and the continual improvement of workflows.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Unleashed

JUNE 20, 2023

But monitoring the cash conversion cycle metric can help businesses save themselves from this fate before it’s too late. Read more: Inventory Optimisation – Tools & Techniques You Should Know What happens to excess inventory? Inaccurate demand forecasting Demand forecasting is a complex art.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Inventory 52

ivalua

AUGUST 1, 2022

Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. Aligning suppliers to overall Procurement and broader business strategy is critical to create sustained long-term value. . or a contractual relationship.

Supplier Management 130

Supplier Management Sourcing Strategies Procurement Solutions Optimal Sourcing 130

TrackVia

AUGUST 17, 2023

In an enterprise company, tangible assets can include office equipment, machinery, vehicles, and buildings, while intangible assets can include intellectual property, patents, and software licenses. Implement strategies for each stage, including procurement, deployment, maintenance, and disposal.

Asset Management 98

Asset Management Analytics Software Predictive Analytics Software Optimization Software 98

Supply Chain Game Changer

NOVEMBER 17, 2020

” Here is a summary of how these Global Supply Chain and Business Leaders responded and shared their lessons learned: Kristie Syndikus, VP Procurement at Maple Leaf Foods. In business we need to be able to support this improved freedom by having solutions that are flexible and support consumer demand and desires.

Global 53

Global Supply Chain Planning Software Negotiating Skills Purchasing Training 53

ToolsGroup

JULY 10, 2018

If you’ve been in supply chain for any length time, you might be wondering what caused demand forecasting to develop so many different ‘personalities’ over the years. Demand forecasting, planning, sensing, shaping…what’s going on? Demand Forecasting. Demand forecasting describes the decades-old science of predicting demand.

Supply and Demand 192

Supply and Demand Demand Planning Software Forecasting Forecasting Software 192

Unleashed

OCTOBER 23, 2023

In most cases, the production planning process will outline the company’s production goals and how they’ll track success, as well as include a schedule for ensuring products are made in time to meet the forecasted demand. Flow production planning Flow production refers to the continuous production of similar and consistently in-demand goods.

Waste Reduction 98

Waste Reduction Resource Reduction Inventory Reduction Material Savings 98

TrackVia

AUGUST 17, 2023

In an enterprise company, tangible assets can include office equipment, machinery, vehicles, and buildings, while intangible assets can include intellectual property, patents, and software licenses. Implement strategies for each stage, including procurement, deployment, maintenance, and disposal.

Asset Management 52

Asset Management Analytics Software Predictive Analytics Software Optimization Software 52

Unleashed

JANUARY 25, 2023

To improve cash flow, process optimisation is necessary. This is achieved through the implementation and continued improvement of cash flow management strategies. It allows a business to progress and make the purchases necessary to perform and scale with maximum efficiency. Why is positive cash flow important?

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

ToolsGroup

JULY 10, 2018

If you’ve been in supply chain for any length time, you might be wondering what caused demand forecasting to develop so many different ‘personalities’ over the years. Demand forecasting, planning, sensing, shaping…what’s going on? Demand Forecasting. Demand forecasting describes the decades-old science of predicting demand.

Supply and Demand 120

Supply and Demand Demand Planning Software Forecasting Forecasting Software 120

Supply Chain View from the Field

OCTOBER 4, 2015

As part of the conference, I’m delivering a talk on five predictions that every procurement professional should consider. These aren’t so much “predictions”, as opportunities that procurement professionals should become aware of, and educate themselves on.

Procurement Analytics 60

Procurement Analytics Predictive Analytics Predictive Analytics Software Optimal Sourcing 60

Unleashed

OCTOBER 5, 2023

It can involve employing technology such as barcode scanners, inventory management software, and automated systems to enhance accuracy and speed in handling goods. Warehouse management systems A warehouse management system (WMS) is a software tool designed to improve the efficiency with which a warehouse is operated.

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

Supply Chain Shaman

DECEMBER 17, 2018

Nick strongly believes that it is insufficient to drive supply chain improvement through incrementalism. It is just not enough to do a software upgrade or slowly push continuous improvement projects. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics.

Demand Planning Software 264

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 264

ShipBob

AUGUST 5, 2020

Large enterprise brands can also take advantage of Shopify with Shopify Plus, which offers a fully hosted, SaaS ecommerce solution that supports a large volume of orders and website traffic. . Last year, Shopify reported 218 million buyers in total made a purchase on a Shopify store. New website owners. Budget ecommerce owners.

Purchasing Skills 99

Purchasing Skills Manufacturing Procurement Sourcing Strategies Optimal Sourcing 99

Supply Chain Shaman

JUNE 29, 2016

For example, Infor purchased GT Nexus in 2015; OpenText purchased GXS in 2014, GHX purchased H-Card, LLC today; E2open purchased Terra Technology in May 2016 and Orchestro on Monday. Thoma Bravo purchased Elemica in June 2016. The solutions evolved from different funding models.

Supply Chain Network Software 156

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 156

GlobalTranz

MAY 6, 2015

There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success. Utilize Six Sigma’s DMAIC : Define, Measure, Analyze, Improve and Control to solve any problems or roadblocks. This sets the supply chain pace.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

6 River Systems

DECEMBER 11, 2018

” — Sue Welch, CEO of TradeStone Software, as quoted in A Unified Supply Chain , Forbes; Twitter: @Forbes. Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. Make room for collaboration.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

NC State SCRC

DECEMBER 28, 2015

Prediction generally involves developing some sort of forecast, and in this case, we aren’t going to predict more volatility and complexity… that is too easy. In other words, many supply chain and purchasing solutions looks at historical transaction activity (what happened in the past and is captured in our ERP systems).

Predictive Analytics Software 40

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 40

FLEXE

SEPTEMBER 26, 2018

consumers say fast delivery is important to them when making online purchases. As an online retailer, there are other ways to attract and retain customers—much of which comes down to inventory management across your fulfillment network to improve your delivery promise. Put your money into purchasing and stocking your key SKUs.

Inventory Management 28

Inventory Management Inventory Reduction Inventory Purchasing Skills 28

Unleashed

MAY 1, 2024

But it often comes with unique and challenging logistics requirements: all your inventory, sales, and purchasing data need to be in alignment. The solution is to implement a multichannel order management strategy. Training and change management: Every new tool and process is a new training requirement for staff.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Optimization Software 52

Logistics Bureau

OCTOBER 28, 2020

If you can focus your management team on continuous improvement in the following eight areas, your supply chain shouldn’t run into the sort of difficulties which sometimes scupper newly-established or small businesses. They deliver the most up-to-date inventory data, allowing purchasing teams to make better buying decisions.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chain Software Inventory Management Software Inventory Reduction 69

Logistics Bureau

OCTOBER 28, 2020

If you can focus your management team on continuous improvement in the following eight areas, your supply chain shouldn’t run into the sort of difficulties which sometimes scupper newly-established or small businesses. They deliver the most up-to-date inventory data, allowing purchasing teams to make better buying decisions.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Management Software Inventory Reduction 52

6 River Systems

FEBRUARY 25, 2019

Dr. Scott Newton, VP for Care Model Solutions at TeleTracking , has more than 30 years of experience in healthcare — working as an EMT, a nurse, an educator and a patient flow command center leader — he is also a trusted adviser and thought leader. If viable, they adopt the solution/ process. Dr. Scott Newton. TeleTracking.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55