ToolsGroup

MAY 8, 2025

According to Gartner , early stages of S&OP maturity often lack formal processes, metrics, and cross-functional participation. Optimization Advanced modeling of real-world constraints like capacity, lead times, and inventory ensures efficient execution. Some organizations do collaboration well.

Inventory Reduction 156

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Planning Software 156

Supply Chain Shaman

MAY 21, 2024

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. For example, a cost improvement in one function could raise the costs in another. Error is error, but is it the most important metric? What Drives Value?

Procurement Analytics 393

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 393

ToolsGroup

MARCH 11, 2025

Demand forecasting is a critical strategy for supply chain management that can dramatically improve business decision-making and financial performance. However, securing leadership buy-in for demand forecasting technology requires a strategic approach that clearly demonstrates value.

Forecasting 156

Forecasting Inventory Reduction Forecasting Software Price Reduction 156

Supply Chain Shaman

FEBRUARY 4, 2025

Despite the evolution of technology, none of the 28 industry segments I follow can drive improvement at the intersection of operating margin and inventory turns. Functional Metrics and the Lack of Alignment to Strategy. Most focus on cost reduction, assuming that functional cost translates to operating margin.

Supply Chain Design Software 221

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 221

RFgen

DECEMBER 4, 2024

In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. We’ll examine the key components of efficient supply chains, explore essential performance metrics, and uncover the fundamental drivers that influence efficiency.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Supply Chain Shaman

NOVEMBER 21, 2024

” My problem is that we move through these hype cycles with little accountability for spending and with a major opportunity cost to not redefine work. Yawn and walk on if the answer is i mproving demand error or reducing inventory levels. Did you know that improvement in the supply chain drives 50-70% of this value metric?

Supply Chain Planning Software 396

Supply Chain Planning Software Modeling Software Modeling Supply Chain Network Software 396

Logistics Viewpoints

MAY 14, 2025

Delays, excess inventory, missed handoffs, and reactive decision-making are all signs of a supply chain that lacks coordination. This doesnt eliminate those systems, it organizes the data they produce. This reduces reliance on manual tracking or last-minute phone calls. The system also contributes to better forecasting accuracy.

Supply Chain Planning Software 279

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 279

Enchange Supply Chain Consultancy

JUNE 10, 2025

Now for the Do’s & Don’ts In the dynamic world of FMCG, your Route to Market (RTM) strategy and distributor partnerships can make or break your brand’s success. Do Set Clear KPIs and Governance Structures : Establish transparent metrics for sales, coverage, and service levels. Ensure margins are fair and sustainable.

Waste Reduction 165

Waste Reduction Inventory Reduction Vendor Strategies Cost Reduction Strategies 165

Supply Chain Shaman

JUNE 17, 2025

This is amplified across the supply chain into an exponential impact on inventory and planned orders for manufacturing. The use of outside-in signals can reduce it by 40-60%. Inventory Health. I find only 8% of companies actively measure inventory health. Does it increase error and inventory targets? Most likely.)

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

Precoro

DECEMBER 24, 2024

Read on to explore key AI use cases in procurement, the challenges businesses face, strategies to overcome them, and the exciting opportunities AI brings for the future. This gives them advance warning so they can adjust their purchasing strategies. Here are the topics we’ll cover at a glance : What is AI in procurement?

Price Reduction 105

Price Reduction Cost Reduction Strategies Sourcing Strategies Expense Reduction 105

RFgen

DECEMBER 19, 2024

Balancing increased demand with consistent quality and controlled costs is difficult but essential for manufacturers looking to expand. Understanding Scaling Manufacturing The manufacturing business relies on scalability to increase production output efficiently without a proportional increase in costs.

Material Savings 92

Material Savings Resource Reduction Sourcing Strategies Inventory Reduction 92

The Logistics & Supply Chain Management Society

APRIL 15, 2021

This unlocks enormous value as you eliminate time lags, lower costs, and slash inventory buffers across the network. This strategy enables companies to achieve four critical objectives: Unlock value trapped in the supply network that is due to poor data quality and communication. This then sub-optimises the supply chain.

Cost Reduction Strategies 259

Cost Reduction Strategies Inventory Reduction Expense Reduction Supply Chain Design Software 259

RFgen

NOVEMBER 27, 2024

You’ll learn how to leverage data to streamline operations, reduce costs, improve efficiency, and exceed customer expectations. Data analytics also offers actionable insights for: Inventory Management: See stock levels across multiple locations in real-time. Ready to get started? Let’s dive in.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

Precoro

NOVEMBER 11, 2024

This team controls what’s bought, from where, and at what cost for the entire organization. These benefits aren’t just about lower prices; they’re also about reducing transportation and inventory costs, which can really add up over time. Getting the goods to the right place The next step is logistics.

Pricing Training 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

Logistics Viewpoints

MAY 27, 2024

The company is operationalizing this target by reducing emissions as much as possible, increasing use of carbon-free electricity, and removing the emissions that remain. Supporting hypergrowth while reducing supply chain logistics emissions is not an easy feat. A clear goal needs to be combined with good data and metrics.

Supply Chain Design Software 305

Supply Chain Design Software Cost Reduction Strategies Inventory Reduction Supply Chain Design 305

Supply Chain Shaman

MAY 13, 2024

How aligned do you believe your organization is to drive these metrics? P&G did not appreciate the work Gilette accomplished on form and function of inventory and using market signals. As a result, the company’s performance at the intersection of margin and inventory turns was circular for the past decade.

S&OP 393

S&OP Supply and Demand Inventory Reduction Expense Reduction 393

GlobalTranz

JULY 1, 2021

Creating a data-driven supply chain tracking important transportation metrics helps shippers respond and adapt as quickly as possible to known and unknown events. Why Monitor Transportation Metrics. Transportation metrics provide visibility that helps drive operative and competitive advantages.

Metrics 334

Metrics Transportation Vendor Strategies Logistics Network Optimization Software 334

RFgen

NOVEMBER 13, 2024

Picture this: You’re a warehouse manager, and with a few taps on your smartphone, you instantly know the exact location and quantity of every item in your inventory. That’s not science fiction—it’s the power of mobile inventory management. Ready to turn your inventory from a headache into a strategic asset?

Inventory Management Software 96

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 96

RFgen

NOVEMBER 20, 2024

You’re expected to ship more orders, faster, with fewer errors — all while managing rising costs and shrinking labor pools. It’s a tough challenge, and if you’re relying on outdated processes and technology, it’s likely costing you more than you realize. How many shipments are delayed due to inaccurate picking?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Waste Reduction Cost Reduction Strategies 98

Logistics Viewpoints

JULY 30, 2024

But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. However, over-the-road transportation costs remain low. In the past month, imports — both ocean and air — surged as disruptions exacerbated congestion at the ports.

Inventory Reduction 300

Inventory Reduction Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 300

Precoro

MARCH 27, 2025

Rising costs, supply chain chaos, and economic swings put businesses under enormous pressure to protect their margins. According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction. 

Cost Reduction Strategies 45

Cost Reduction Strategies Expense Reduction Price Reduction Vendor Strategies 45

Logistics Viewpoints

FEBRUARY 3, 2022

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

Inventory Reduction 329

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 329

RFgen

DECEMBER 19, 2024

But between rising costs, complex logistics, and the constant struggle to optimize space and labor, staying ahead can feel like an uphill battle. By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

ivalua

MAY 29, 2025

Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time. Discover how Ivalua’s Supply Chain Collaboration solution empowers you to work more closely with suppliers, reduce risk, and build a more agile, connected supply chain.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software 130

Supply Chain Shaman

MARCH 21, 2024

In parallel, I started working on a project to eliminate the secretarial pool. Within a year, we eliminated the typing pool. I would never have eliminated the secretarial pool by asking them their opinion. We explore the concept of holistic inventory strategies focused on the form and function of inventory.

Inventory Reduction 434

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 434

Supply Chain Shaman

SEPTEMBER 3, 2018

Second, they adapt over time as market structures and strategies evolve. Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Delivering products at the lowest possible cost.

Supply Chain Planning Software 377

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 377

Logistics Viewpoints

APRIL 7, 2025

For logistics professionals, this translates to smarter warehouse layouts, more accurate transportation planning, proactive maintenance scheduling, and a new level of resilience through cost-to-serve optimization. Static workflows based on outdated assumptions are no match for todays rapidly shifting inventory demands.

Sourcing Strategies 218

Sourcing Strategies Modeling Supply Chain Design Software Warehousing 218

IQMS

APRIL 4, 2025

Faced with continuing inflation, manufacturers are seeking strategies to contain per-unit costs while maintaining margins. Compounding the challenge are information gaps across supply chains that can cost manufacturers lost time, productivity, margin erosion, price reductions, and missed shipment dates.

Price Reduction 52

Price Reduction Material Savings Inventory Reduction Vendor Strategies 52

Logistics Viewpoints

MARCH 27, 2025

A disruption at any point in the global logistics network including the average of 12 touch points from shipment packaging to final delivery can prove disastrous for profits, service levels, customer loyalty, and other key metrics. With the global e-commerce market predicted to reach $8.1

Supply Chain Planning Software 330

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 330

QAD

MAY 22, 2025

Rising costs, geopolitical tensions, and tariffs demand a strategic and holistic approach to maintain profitability and competitive advantage. There are many ways an organization can cut supply chain costs. For many large enterprises, procurement makes up a large part of a company’s total costs.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Price Reduction Waste Reduction 52

Supply Chain Shaman

MAY 12, 2025

Would their jobs be eliminated? Their jobs were gradually eliminated. Learn that the traditional goals of supply chain focused on functional cost reduction sub-optimize the value of the firm. Form and socialize your own hierarchy of metrics. When computers were distributed to managers, Evelyn and Rose were scared.

Modeling 221

Modeling Waste Reduction Supply Chain Planning Software Supply Chain Design Software 221

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 329

Case Study Inventory Reduction Study Agile and Lean Supply Chain 329

Logistics Viewpoints

JUNE 29, 2023

Direct spend can be a significant part of the Cost of Goods Sold for an organization. Configure to Order: This strategy involves customizing standard products based on customer specifications. From natural disasters to geopolitical tensions and the ongoing COVID-19 pandemic, supply chains have been significantly impacted.

Manufacturing Procurement 269

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 269

ivalua

MAY 10, 2025

Enterprise procurement leaders are under more pressure than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. That’s why many organizations are undergoing procurement transformation , and shifting from manual, siloed processes to connected, data-driven strategies.

Procurement Solutions 130

Procurement Solutions Sourcing Strategies Optimal Sourcing Analytics Software 130

ToolsGroup

JUNE 2, 2023

Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. And that’s where real-time perpetual inventory signals come in. Plus, accurate inventory information is the key to optimal decision-making.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

SCMDOJO

JANUARY 29, 2025

Supply chain reports are data-driven documents that provide key metrics and insights into various aspects of your supply chain, including: Inventory Levels Tracking stock levels in real-time to ensure adequate inventory to meet demand while minimizing holding costs.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Cost Reduction Strategies Waste Reduction 98

Logistics Viewpoints

OCTOBER 4, 2021

Dramtatically Reduced Service in Grocery Stores Since Pandemic was Declared. A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. The company provides demand and inventory planning solutions based on a public cloud architecture.

Supply Chain Performance 284

Supply Chain Performance Inventory Reduction Supply and Demand Cost Reduction Strategies 284