Logility

APRIL 7, 2020

In the midst of the seeming chaos many brilliant minds have been working in overdrive to develop innovative solutions to many of obstacles that lie in our way. These are just a few of the countless and amazing innovations we hear about on a daily basis. At the same time, start a frank discussion about which metrics matter right now.

Innovation 147

Innovation Supply Chain Planning Software Supply Chain Design Software Logility 147

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Logistics Viewpoints

MARCH 25, 2024

Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. Often a customer has limits on how much change they can accommodate.

Vendor Strategies 225

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 225

Supply Chain Shaman

OCTOBER 8, 2019

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Nine times out of ten improving customer service requires different management of the budget cycle and a rethinking of financial planning. Background. Time horizon. Bias and error. The reason why?

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Enterra Insights

MARCH 27, 2019

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance. ”[2].

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 100

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Meanwhile, Lowe’s has created the LoweBot , which boosts customer service, explains Dan Gilmore of Supply Chain Digest. Meanwhile, Lowe’s has created the LoweBot , which boosts customer service, explains Dan Gilmore of Supply Chain Digest.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

Supply Chain Shaman

MAY 21, 2013

We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. The most common reporting relationship in the organization is to the hospital’s Chief Financial Officer (CFO). Balance innovation and standardization.

Modeling 236

Modeling Modeling Software Pharmaceutical Procurement Analytics 236

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 254

Case Study Inventory Reduction Agile and Lean Supply Chain Study 254

Supply Chain Shaman

DECEMBER 23, 2014

Aggressively design and test products online and then bring the data into your forecasting tools to predict sales of new products by channel. Customer Service Needs to be all the Way to the Last Mile. If you offer white glove service, define it and select service providers based on their ability to deliver it.

Packaging 289

Packaging Inventory Reduction Supply Chain Design Software San Francisco 289

Enterra Insights

SEPTEMBER 28, 2020

… With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts. ”[1] Deloitte analysts add, “The global pandemic has upended what many consumer products companies understand about their businesses, customers, risks, and opportunities. .”[2].

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) Understanding this relationship requires modeling. (A

Procurement Analytics 332

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 332

SCMDOJO

AUGUST 4, 2023

But times are changing, the use of reduce inventory offers more quality and useful performance metrics. The use of reduce inventory in production optimizes delays and reduces other associated costs. If your setup costs get spread over the run of a production, using reduce inventory would naturally lead to smaller setup cost.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

Supply Chain Game Changer

NOVEMBER 10, 2018

On the supply side, however, there is less and less room for manufacturers to absorb additional costs as volatile input prices put the squeeze on margins and the marketing investment required to differentiate branded products from private-label competitors continues to rise.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 66

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. In this article, I want to emphasize that a customer-centric supply chain meets and exceeds the customer’s needs day-by-day based on a well-defined relationship against a brand promise.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

Supply Chain Shaman

MAY 30, 2017

I miss the days of Walter Cronkite reporting the news. Where Will Innovation Come From? If the existing software vendors are slow to innovate, these alternatives do give business buyers a chance to innovate. And, there is less impact if the purchase is a tactical purchase. I loved the news. Too Few Facts.

San Francisco 152

San Francisco Supply Chain Planning Software Forecasting Software San Jose 152

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

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

EazyStock

OCTOBER 10, 2018

Processing a large volume of information the main benefit of big data analytics. Companies are using big data to change the way they monitor product performance, research, develop and innovate. Innovative leaders in the supply chain industry enjoy these 4 main benefits resulting from using big data analytics across supply chains.

Inventory Management Software 45

Inventory Management Software Big Data Inventory Management Supply Chain Planning Software 45

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” The supply chain leader manages performance at the intersection of inventory turns, operating margin and customer service. Digital Supply Chain.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Infosys Supply Chain Management

AUGUST 10, 2012

Customer Service. Sourcing & Procurement. Customer Service. Sourcing & Procurement. AssistEdge – Customer Service Experience. ProcureEdge – Sourcing & Procurement. Christensen book, The Innovators Dilemma. Business Process Outsourcing. Human Resources.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Innovation 28

American Global Logistics

SEPTEMBER 26, 2023

Adopting an obsessive customer focus is a proven strategy to achieve this. Zappos , Ritz-Carlton , and Nordstrom have made exceptional customer service integral to their brand. This differentiation makes it much easier to attract and retain loyal customers. That happens as companies put the customer first.

Procurement Analytics 52

Procurement Analytics Expense Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Shaman

AUGUST 26, 2015

Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error. This gives supply chain leaders a false sense of security.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

6 River Systems

OCTOBER 14, 2022

Technology is such a constant force for change that we tend to look at new technological innovations as almost normal — or at least par for the course. If your business is going to keep pace with its competitors in such a rapidly changing world, it’s going to need to embrace and integrate as much technological innovation as it can.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

Logistics Viewpoints

MARCH 9, 2023

Many innovative CPG companies also collaborate with their internal and external suppliers on net requirements planning for the factory and Purchase Orders (PO) for components and OEMs. Currently, she is COO and Head of Customer Success at Solvoyo, a leading supply chain planning and analytics SaaS company based in Boston.

Supply Chain Planning Software 200

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 200

Enterra Insights

DECEMBER 6, 2021

Science writer Anjana Ahuja ( @anjahuja ) reports, “In an algorithm-driven world where data is king, one misstep can lead to a royal mess. They are in high demand for specialized applications such as KYC (know your customer), NBO (next best offer), and risk management.” ” Which problems does synthetic data solve?

Data 130

Data Modeling Software Procurement Analytics Modeling 130

Invata Intralogistics

JUNE 15, 2021

The Missing Metric of Customer Loyalty… The reality that many miss is the fact that the companies with the competitive edge are the ones that retain customers. (If If there’s any doubt, do a little research on the customer loyalty statistics for Amazon and Amazon Prime.) They also cost less to serve.

Cost Reduction Strategies 96

Cost Reduction Strategies Modeling Software Procurement Solutions Procurement Analytics 96

Invata Intralogistics

JUNE 15, 2021

The Missing Metric of Customer Loyalty… The reality that many miss is the fact that the companies with the competitive edge are the ones that retain customers. (If If there’s any doubt, do a little research on the customer loyalty statistics for Amazon and Amazon Prime.) They also cost less to serve.

Cost Reduction Strategies 40

Cost Reduction Strategies Modeling Software Procurement Solutions Procurement Analytics 40

Supply Chain Network

JANUARY 15, 2013

IBM (NYSE: IBM) today announced new marketing and sales innovations that will allow retailers to deliver a consistent shopping experience for consumers across multiple touch points — from the store, mobile and online. IBM believes insightful services based on buyer preferences are crucial to sustaining and improving brand loyalty.

Analytics Software 79

Analytics Software Supply Chain Network Software Modeling Software Procurement Solutions 79

Collaborate Cloud

FEBRUARY 23, 2016

Most retailers have top-level management systems that enable them to aggregate a myriad of data into metrics. The real question is what to do with those data and metrics, and how to use them to be more efficient and innovative in order to monitor results, grow sales and revenue streams, and stay focused on customer centricity.

Retail 40

Retail Pricing Training Predictive Analytics Software Procurement Analytics 40

Unleashed

JUNE 23, 2021

Inventory analytics goes mainstream. Connected omnichannel services. By signing up to a cloud service provider, you gain access to new computing power, data storage and smart technology functions that can be set up in minutes and don’t require costly on-premise hardware. Accurately plotting costs based on live data.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

ShipBob

JULY 2, 2023

Will customers complete repeat purchases? Will customers refer it to others? This could be superior design, unique features, better pricing, or exceptional customer service. Take a look not only at what your competitors are offering but also what your competitors’ customers are saying.

Purchasing Skills 59

Purchasing Skills Price Reduction Sourcing Strategies Inventory Reduction 59

RFgen

APRIL 20, 2023

The ability to update Oracle Cloud as work occurs is an essential best practice for accurate tracking and reporting. Overview of Mobile Inventory Solutions for Oracle Cloud SCM While Oracle Cloud SCM is an innovative, next-gen ERP platform, getting maximum value from it requires mobile inventory management.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

6 River Systems

DECEMBER 11, 2018

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Supply Chain Trend

OCTOBER 29, 2021

Authors Niels van Hove and Hein Regeer explain that while planning and forecasting technologies have benefitted from significant innovations since then, today’s IBP seems unhinged from the day-to-day operations of the business. We suggest replacing the foundational concepts discussed earlier by the following: Data and Analytics.

Supply Chain Planning Software 78

Supply Chain Planning Software Scenario Planning Supply Chain Planning Prescriptive Analytics Software 78

Elementum

DECEMBER 11, 2023

Whether it be in customer service, procurement, finance, or any other core business function, BPA has become a staple for businesses looking to optimize their operations and improve their overall performance. By automating repetitive and time-consuming tasks, businesses can focus on other vital activities.

Sourcing Strategies 78

Sourcing Strategies Optimization Software Analytics Software Predictive Analytics Software 78

ShipBob

AUGUST 3, 2020

It has been forecasted that by 2040, approximately 95% of all purchases will be facilitated by ecommerce. Product sourcing is the process of purchasing or creating products that you can sell. Repeat purchase and frequency are the single most important things to create an ecommerce business that’s really sustainable.”.

Trends 105

Trends Purchasing Skills Manufacturing Procurement Modeling Software 105