Supply Chain Shaman

OCTOBER 22, 2015

The impact of complexity on inventory is not quick. It is a slow, continued impact that happens week-to-week as complexity increases. To help, today I want to share some of the insights from our recent Inventory Optimization study. Inventory management is a hot issue. What Drives Inventory Effectiveness?

Inventory Reduction 150

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SCMDOJO

DECEMBER 29, 2024

The best part about availing this course is that it’s FREE. Moreover, this course offers a comprehensive overview of production and operations management concepts that covers: Process Improvement Quality Control Inventory Management. What’s the wait for?

Optimal Sourcing 98

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Supply Chain Shaman

APRIL 16, 2014

On the 2nd of April, I sat before a board discussing how a company could exceed expectations in the delivery of Return on Invested Capital (ROIC) and superior operating margins and fail at the delivery of customer service and inventory. An Orbit Chart of Customer Service (Case Fill) Versus Inventory Turns. I see many ironies.

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DELMIA Quintiq

JANUARY 19, 2022

Sales & Operations Planning (S&OP) is by no means a new process, but it is one that many companies struggle to get right. One of the top reasons is a lack of collaboration, which is a key element to a successful S&OP process. are additional resources that are often at the forefront of S&OP.

Supply Chain Planning Software 156

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Logility

AUGUST 31, 2021

However, inventory optimization for beverage brands can help these organizations overcome such challenges with greater ease and speed. It also lays a long-term foundation for a supply chain resilient against extreme volatility and one that continuously improves to drive strategic change. Inventory replenishment strategies.

Modeling 130

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Supply Chain Shaman

NOVEMBER 21, 2018

New forms of data–telematics, GPS, weather, sensor data–could help, but these new forms of data do not easily fit into today’s supply chain solutions. As shown in Figure 3, one of the largest issues with today’s supply chain planning systems is production of a feasible plan. 4) S&OP Feasibility.

Supply Chain Planning Software 220

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Logility

JANUARY 26, 2024

Companies must define objectives, acquire the right tools and technology, prepare the data infrastructure, implement AI models, and continuously improve the system. This shift provides more time and cognitive space for strategic transformation and seamless orchestration of intelligent S&OP.

Supply Chain Planning Software 217

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Logistics Viewpoints

NOVEMBER 23, 2020

In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. The thinking goes that at some point, improving service levels means you are not adding inventory in a linear manner but rather exponentially. Ipsen also need to reduce their lead times.

Supply and Demand 246

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ToolsGroup

NOVEMBER 30, 2020

With Service Optimizer 99+ (SO99+) ToolsGroup’s manufacturing customers commonly achieve a 10-30% reduction in inventory, improve product availability to 96% or better, and reduce overhead (such as overtime and expedited freight) by 50%. Reduced inventory value of safety stock on clustered items by 18%. Reporting sped up by 50%.

ToolsGroup 156

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The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

Sales, Inventory, Operations Plan (SIOP) is a process within many successful supply chain organizations that recognizes the integral relationship between all departments in the company, but how do you piece together an SIOP process? SIOP stands for “Sales, Inventory, Operations Plan”, not to be confused with “S&OP”.

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Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health, a global manufacturer and distributor of medical, surgical and laboratory products, is focused on continuous improvement of service. Global logistics leaders wanted to improve service levels, lower costs, and fortify Cardinal Health’s supply chain planning process. This was a bold and risky move.

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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. They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015.

Demand Planning Software 322

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ToolsGroup

JULY 10, 2018

Demand Planning often supports sales and operations planning (S&OP) initiatives. Second, it can be a continuously improving process, where planning outcomes are regularly assessed and used to fine-tune the next cycle using tools such as Forecast Value Add (FVA). Demand Sensing. Demand Shaping.

Supply and Demand 192

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QAD

AUGUST 28, 2024

S&OP and Executive Meetings, a Necessary Tandem As mentioned in our article, “Understanding Sales and Operations Planning” , S&OP is a structured planning process that uses forecasted customer demand to drive production schedules. Sales and Operations Planning is no exception.

S&OP 52

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ToolsGroup

SEPTEMBER 8, 2015

Users can analyze demand, inventory, supply and service level events. There’s been a lot of discussion lately about the disconnect between very high level financial and supply chain KPIs and the individual level where the Supply & Operations Planning (S&OP) is executed. No plans are optimal; there are always trade-offs.

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Supply Chain Trend

OCTOBER 31, 2016

In the last 30 years S&OP improved performance in many businesses. However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. 71% think we need more industry standards around S&OP.

S&OP 60

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Supply Chain Trend

DECEMBER 13, 2016

In the last 30 years S&OP improved performance in many businesses. However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. 71% think we need more industry standards around S&OP.

S&OP 60

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ToolsGroup

NOVEMBER 19, 2019

Demand forecasting and inventory planning will bolster TireHub’s service-driven strategy. TireHub will utilize ToolsGroup’s supply chain planning automation software, including demand forecasting, inventory optimization and service level optimization to support its mission to distribute the highest quality products possible to customers.

ToolsGroup 24

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SCMDOJO

APRIL 11, 2023

If you’re a supply chain management professional, you’re probably aware of how important it is to continuously improve your skills and knowledge in this field. With the ever-evolving business landscape, staying current on the latest industry trends and best practices is crucial for your success.

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ThroughPut

FEBRUARY 15, 2023

Using this responsiveness as a springboard, supply chain resilience comes into action by managing costs during volatile times and continuously improving processes and workflows to adapt to possible future changes. 4 Best Practices to boost Supply Chain Efficiency and Resilience 1.

Sourcing Strategies 94

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Logility

SEPTEMBER 17, 2021

Francis acts as ChemPoint’s S&OP Manager, where she manages the Supply & Demand Planning Team. Her team works with the commercial division to increase forecast accuracy, build strong supplier relationships and manage inventory at optimal levels. These factors include, but are not limited to, continuing U.S.

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SCMDOJO

FEBRUARY 20, 2023

Therefore, evaluating performance and creating a comprehensive digitalization strategy are essential for a distributor’s success. It involves various activities, such as warehousing, inventory management, transportation, and logistics. Optimizing inventory can also be achieved by leveraging technology and data analytics.

Inventory Reduction 119

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SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Optimal Sourcing 98

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Supply Chain Shaman

JUNE 26, 2016

As we have driven improvements in globalization, jobs shifted as companies chased lower costs of labor. Today’s populist movement is about new winners and losers. Border crossing(s), port unloading, and global visibility are barriers. Today’s global supply chain has positions open that they cannot fill.

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Enchange Supply Chain Consultancy

JANUARY 7, 2015

Sales &Operational Planning - If this is in place; improve! If there is no S&OP you should try it - it works ! If you are agnostic about S&OP, take a look at how S&OP helped one FMCG company turn performance around. Proactive 3PLP’s – Are they meeting the agreed KPI’s?

Supply Chain Planning 100

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QAD

JANUARY 21, 2025

Achieving operational excellence isn’t just about having individual components working well; it’s about creating a seamless flow between them. But here’s the catch: demand forecasting isn’t a static process, nor is it a one-size-fits-all solution. And its this strong foundation that sets the tone for success.

Optimal Sourcing 52

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Logility

JUNE 24, 2021

We are focused on continually improving the sophistication of how we service our customers, and the timing of doing so couldn’t have been better. These factors include, but are not limited to, continuing U.S. These factors include, but are not limited to, continuing U.S. 626) 657-0013 or email kliu@amsoftware.com.

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Logility

APRIL 8, 2014

These were just a few of the themes discussed at this year’s Connections 2014, Logility’s customer conference. Held at the Loews Atlanta, the conference brought together several hundred of the industry’s brightest supply chain professionals to share their opinions, techniques and experiences.

Supply Chain Planning Software 100

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ToolsGroup

JULY 10, 2018

Demand Planning often supports sales and operations planning (S&OP) initiatives. Second, it can be a continuously improving process, where planning outcomes are regularly assessed and used to fine-tune the next cycle using tools such as Forecast Value Add (FVA). Demand Sensing. Demand Shaping.

Supply and Demand 120

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Logility

AUGUST 30, 2016

We try to measure “better-faster-cheaper” by developing indexes based on margin, asset efficiency, inventory turns, supply chain cost as a percentage of sales, or growth. We use this relative positioning to derive high-value improvement initiatives that will lead us up the maturity curve. Let us know your thoughts below.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Innovation Cost Reduction Strategies Vendor Strategies 100

Logility

AUGUST 30, 2016

We try to measure “better-faster-cheaper” by developing indexes based on margin, asset efficiency, inventory turns, supply chain cost as a percentage of sales, or growth. We use this relative positioning to derive high-value improvement initiatives that will lead us up the maturity curve. Let us know your thoughts below.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Innovation Cost Reduction Strategies Vendor Strategies 100

DynaSys

FEBRUARY 10, 2021

It drives decisions about the materials, components and products to make and buy; what capacity do you need for manufacturing; as well as storage and what inventory buffers need to be held along the supply chain to protect against variability. . How Much Inventory Do You Need to Hold? The Importance of Supply Planning Optimization.

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Supply Chain Shaman

AUGUST 3, 2016

…for 8:00 AM strategy meeting(s) with clients.) To use the Barnes example, in this blog post, let’s focus on simplicity. Let’s start with a definition. Companies with a deep focus on Sales and Operations Planning (S&OP) will often default to this definition. This requires continue education.

Supply Chain Planning Software 150

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GlobalTranz

JANUARY 8, 2016

Part of the Business Plan was Sales and Operations Planning (S and OP) or SIOP adding Inventory Management. The next phase of MRP was MRP II. MRP II added a Business Plan, Financial Plan and Production Plan BEFORE the MPS was run. In this way, management was involved with MRP. People are the greatest resource.

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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. Let’s start with Insight #1.

Supply Chain Planning Software 100

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Kinaxis

JANUARY 15, 2015

Over that same period of time, however, many non-manufacturing supply chain functions, such as inventory management, forecasting and supply planning have remained in-house. Does a company fitting this description have the focus and priority to dedicate the resources they need to inventory management, forecasting and supply planning?

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Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. New Study Shows a Rise in US Company Inventories. This and much more, in your Monday supply chain briefing from Arkieva.

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