Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. Procurement Procurement involves sourcing and acquiring the materials or products needed for production.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. Amazon has introduced 200,000+ robots moving inventory within fulfillment centers around the US, creating a more efficient supply chain. Automation.

Inventory Management Software 96

Inventory Management Software Supply Chain Software Supply Chain Planning Software Inventory Reduction 96

Silvon Software

APRIL 18, 2023

What’s really needed, though, is a cohesive measurement strategy that identifies goals, defines a portfolio of metrics to achieve them, and outlines an implementation plan to make it part of your ongoing business process. Consider the example of inventory: The CFO wants to see total inventory as a percentage of revenue.

Inventory Reduction 63

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 63

Logility

MARCH 21, 2023

Such alignment enables finance and supply chain leaders to fully understand each other’s challenges, goals, and opportunities and create mutually beneficial strategies that move the business toward greater compliance, higher profitability, and ongoing growth.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimal Sourcing Scenario Planning Supply Chain Planning 130

Supply Chain Shaman

SEPTEMBER 27, 2021

As a result, most projects are not clear in scope, with the implementation of visibility as a “functional extension to existing process” lacking a holistic outside-in approach/strategy to sense, respond, and act. Over the course of the five months, we iterated on the model over seven sessions. Reflection. Global Summit.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

Logility

MAY 26, 2022

25% of inventory surpluses are caused by a lack of transparency and visibility into the supply chain. The bullwhip effect creates a demand-constrained supply chain marked by excess inventory, production planning problems, and even adversely affects customer service. Then, there’s the issue of surplus inventory.

Demand Planning Software 173

Demand Planning Software Supply and Demand Modeling Supply Chain Planning Software 173

BlueYonder

APRIL 9, 2024

The success of Carlsberg’s overall sustainability strategy will largely be driven by optimizing this transportation process. Nearly all strategies put forward by organizations, including Carlsberg, come with a 2030 or 2040 asterisk. Connected Automation Automation is pivotal in addressing the speed aspect of sustainability goals.

Optimal Sourcing 100

Optimal Sourcing Sustainability Material Savings Waste Reduction 100

Logistics Viewpoints

JUNE 20, 2022

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

Agile and Lean Supply Chain 211

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 211

BlueYonder

MARCH 11, 2024

The one common thread here has, of course, been automation. Successful end-to-end retail integration hinges on leveling up inventory, ordering, commits, and omni-channel fulfillment with artificial intelligence (AI)-infused capabilities that effectively unlock “real-time supply chain” responsiveness to demand patterns.

Supply Chain Planning Software 78

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Retail 78

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. Creating a new supply chain strategy can be complicated, if not daunting. Don’t worry.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

crisp

APRIL 25, 2024

CPG leaders continue to focus on plans to build greater resilience into their supply chains and business strategies as a hedge against forces such as geopolitical uncertainty and climate volatility. Consumers are in value mode Across major CPG brands, there was consensus that consumers remain cautious with their spending.

Demand Planning Software 52

Demand Planning Software Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 52

USC Consulting Group

APRIL 1, 2020

Sales, Inventory & Operations Planning (SIOP) is a dynamic process in which the company’s operating plan is updated on a regular monthly or more frequent basis. Another contribution of Sales, Inventory & Operations Planning is that it enables the company to fine-tune its long-range strategic plan and annual business plan.

Inventory Reduction 75

Inventory Reduction Resource Reduction Supply Chain Planning Software Material Savings 75

Procurement Academy

OCTOBER 19, 2023

For example, advanced strategic planning skills are relevant to procurement managers, while data analysis proficiency is associated with sourcing analyst roles. Role-based training personalizes the best procurement strategies to meet specific challenges. This approach also helps with overall team development.

Buyer Training 52

Buyer Training Purchasing Training Negotiating Skills Optimal Sourcing 52

Supply Chain Game Changer

MAY 5, 2021

Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster. But what do you think?

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

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. First, great supply chains are agile. What did we find?

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

USC Consulting Group

JANUARY 16, 2019

Marketplace pressures have forced procurement professionals to abandon traditional sourcing practices and implement more responsive strategies designed to promote organizational efficiency, agility and flexibility for growth, not to mention cost reductions. This makes sense on the surface. Growth outpaces gain.

Optimal Sourcing 49

Optimal Sourcing Negotiating Skills Sourcing Strategies Material Savings 49

Logistics Viewpoints

AUGUST 22, 2023

That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. It was precisely the industry’s inability to make real-time decisions (based on real-time data) that was at the root of depleted store shelves, clogged ports and warehouses overflowing with excess inventory.

Real-time Visibility 185

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 185

ivalua

SEPTEMBER 19, 2022

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. More robust contingency plans that complement current strategies might suffice. . Common Supply Chain strategies, such as just-in-time inventory, exacerbate the impact of shocks.

Supply Chain Risk Management 130

Supply Chain Risk Management Risk Management Inventory Reduction Cost Reduction Strategies 130

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Click here to access the course: How to Start a Career in Supply Chain Management?

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Requis

OCTOBER 30, 2020

I think what’s happened particularly in the last ten years is that the focus on cost reduction and being competitive has really driven that need for rationalization in the supply chain, and of course for the globalization that we’ve seen. This year, of course, everyone knows what supply chain is about.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

BlueYonder

NOVEMBER 14, 2023

For retailers yet to modernize inventory and workforce planning, it’s not too late to layer AI-infused microservice capabilities onto existing deployments, to accurately and efficiently predict and meet demand, come what may. How can we best leverage inventory and our workforce regardless of what happens during the 2023 holiday season?

Sourcing Strategies 72

Sourcing Strategies Retail Inventory Reduction Scenario Planning 72

Logility

JUNE 30, 2022

This results in delays that cause material or inventory shortages that affect both manufacturers and retailers Fulfillment centers that are short of workers can’t keep pace with order fulfillment volumes fueled by eCommerce. Solving the labor crunch also means exploring new sources of supply. And so it goes on, and on, and on.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 173

ModusLink Corporation

SEPTEMBER 1, 2023

But what does that mean for future strategies in procurement ? Let’s consider the challenges and define a few strategies to help. The Challenges of Freight Procurement for Today’s Shippers Understanding and addressing the unique challenges of today is the first step in crafting a future-proof procurement strategy.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

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

Enterra Insights

AUGUST 29, 2023

” Of course, avoiding a crisis is a better and more cost-effective strategy. Implement a robust security strategy that will make it difficult for even the most determined hacker to gain access to your supply chain networks and data.”[5] Calmer heads have since prevailed and the U.S.

Risk Management 130

Risk Management Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 130

Supply Chain Shaman

MAY 18, 2019

Clarity on Supply Chain Strategy. Teams continuously balance cost, customer service, asset utilization and inventory. Companies making progress are clear on the definition of supply chain strategy. The combination of cloud, cognitive computing and open source analytics is evolving. Employee Turnover. Let the noise clear.

S&OP 176

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 176

Supply Chain Matters

JULY 19, 2023

Generally muted global product demand levels and inventory overhang have not helped to spur growth of the country’s manufacturing sector. The most recent and perhaps meaningful evidence was reflected in a report that both Hewlett Packard and Dell have undertaken China Plus sourcing actions.

China 52

China Manufacturing Procurement Supply Chain Strategy Cost Reduction Strategies 52

Supply Chain Matters

SEPTEMBER 21, 2022

over the course of his career. We explore the relationships of senior procurement leaders with an organization’s C-Suite executives, and perspectives on the role of sourcing and procurement transforming itself to be a stakeholder in enabling business strategies.

Manufacturing Procurement 109

Manufacturing Procurement Supply Chain Network Software Agile and Lean Supply Chain Supply Chain Strategy 109

ToolsGroup

FEBRUARY 7, 2021

On the other hand, of course, as the consumer was not so focused on other industries, we had a slight decrease also there. And other companies were, let’s say, over the years preparing already a complete online strategy, and they only set up for that, as for example, Zalando or HelloFresh.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Freightos

NOVEMBER 11, 2021

But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. Maersk has unabashedly championed vertical integration for years, advocating an “end-to-end” strategy. No end to end-to-end. Amazon as a carrier.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

SCMDOJO

APRIL 15, 2024

Amazon’s Mission Its unwavering commitment to customer satisfaction is at the heart of Amazon’s logistics strategy. Amazon’s Virtuous Circle One of the key elements of Amazon’s logistics strategy is what they refer to as the “virtuous circle.”

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

Supply Chain Shaman

AUGUST 7, 2019

” Or alternatively, “Is there data that could be sourced to help?” Recently, I conducted a strategy session was with a major consumer products company selling cosmetics. In the period of 2010-2018, within the chemical industry, margins fluctuated, largely driven by the price of crude, but inventory turns plummeted.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

The Logistics & Supply Chain Management Society

MARCH 16, 2021

Better demand sensing, shifts in customer behaviours, predictive/prescriptive case studies, shift in inventory stocking strategy and customer service. Visibility into Tier I, II and III suppliers, de-risk by developing alternates, build practical BCPs (business continuity plans) and China + 1 sourcing strategy.

Pharmaceutical 246

Pharmaceutical Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 246

Unleashed

DECEMBER 14, 2021

The food wholesale sector supplies food and drink products to over 400,000 business across the UK, from restaurants and hotels, to care homes, hospitals and prisons – and of course, retailers. They buy in bulk from the original source of the produce – such as the farmer or markets – and can often negotiate discounted pricing.

Food 98

Food Purchasing Skills Distribution Price Reduction 98