SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

Supply Chain Shaman

DECEMBER 7, 2023

Here I share some insights from my research. The ability of an organization to deliver reliable and consistent results for revenue, margin, customer service, and quality in the face of demand and supply variability. I am currently doing research on inventory management. We are not clear on definition.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

Supply Chain Shaman

FEBRUARY 1, 2024

While consultants know the answers (or believe they do), I believe my goal as a research analyst is to unearth new questions that should be asked (and answered together openly in the supply chain community) to improve value. Each is customized and runs on separate servers. Rolling up a perpetual inventory signal takes eleven hours.

Supply Chain Planning Software 330

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 330

Supply Chain Shaman

AUGUST 20, 2023

My advice is based on the last year of testing new concepts for supply chain planning, quantitative research, and working with business leaders. I focus on learning from history through research to understand what works and does not and then drive unlearning based on insights. Together, we need to figure out the answer. The problem?

Optimal Sourcing 308

Optimal Sourcing Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 308

Supply Chain Shaman

JANUARY 25, 2024

With slim margins and ever-increasing inventories, companies invested less in capital assets. Today, this network operates with less capacity and ballooning inventories. The accuracy and timeliness of perpetual inventory information is an issue adding to the issues of multi-tier inventory management. Customer Service.

Supply Chain Network Software 264

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 264

Supply Chain Shaman

APRIL 16, 2024

The translation of market signals from the customer’s customer to the supplier’s supplier with bi-directional flows. Supply Chain Insights Training, 2024 The Opportunity Based on my research, I believe there is an opportunity to reduce the number of planning roles by 80-85%. Maximize Customer Service Agile 6.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 217

OptiProERP

SEPTEMBER 21, 2023

Inventory forecasting, or demand forecasting, estimates future inventory levels needed using past data, upcoming events, and market trends. Inventory forecasting ensures manufacturers have the proper inventory to meet customers’ needs while minimizing excess inventory costs.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 52

Supply Chain Shaman

JUNE 30, 2023

As a result, demand planning is largely manual, inventory management is a series of manual inputs, and production planning is via spreadsheet. Anne is a lean disciple and sees all inventory as Muda. She lacks the appreciation for the need for inventory as a buffer. I advised John to ask for help to improve inventory health.

Supply Chain Planning Software 312

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 312

RFgen

JUNE 30, 2023

Gone are the days of paper inventory tracking and manual data entry. The businesses of tomorrow need technology solutions that give real-time information in order to make key business decisions when it comes to inventory. It’s also critical to your inventory management strategy. Case Study: NFPC Enhances ERP to Gain 99.9%

Inventory Management Software 76

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 76

Logistics Viewpoints

OCTOBER 19, 2023

If I had done due diligence, I’d have seen the warnings – the retailer had pretty pictures on their website, but their supply chain failed them, creating an eleven-month saga and unhappy customer. The issue wasn’t poor planning – they had the inventory. According to research by the boom! And employees to run them.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

ToolsGroup

MAY 16, 2023

Featuring over fifty Gartner experts and more than 140 research-driven sessions, this year’s conference gathered over 3,700 supply chain professionals from across North America and beyond. Fortunately, “service-driven planning” is already a proven theory. Consider adopting decision-centric planning. We have made it simple.

Gartner 283

Gartner Supply Chain Planning Software Supply Chain Planning Inventory Reduction 283

Supply Chain Shaman

APRIL 27, 2022

In this area of research, I find that companies are like dogs chasing cars. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. When I worked at AMR Research in the period of 2005-to 2011, I blindly accepted that P&G was the industry leader.

Procurement Analytics 332

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

Supply Chain Shaman

SEPTEMBER 28, 2022

So, what can Ford and others learn from our current research? Four months ago, we used our Linkedin following of 329,000 readers to complete a research project to understand company performance during the pandemic. We find that three factors mattered: organizational alignment, descriptive analytics, and inventory management.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

RFgen

JUNE 8, 2023

Key Takeaways: Inventory management software with built-in automation has been found to increase accuracy and profits. There is no one-size-fits-all solution for inventory management software—it’s about the best product for your business objectives and industry. And with the average on-hand inventory quantities up 8.3%

Inventory Management Software 56

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 56

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. He felt that inventory was no problem, he would just cut it at the end of each quarter to make the balance sheet goals. Strength in S&OP.

Agile and Lean Supply Chain 287

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 287

Logistics Viewpoints

APRIL 27, 2023

When you begin researching Warehouse Management System ( WMS ) software, you’re probably running into some difficulties in the budgeting process because pricing is not always readily available. Improved customer service also creates both short- and long-term gains.

Supply Chain Planning Software 203

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Supply Chain Software 203

ToolsGroup

JULY 27, 2021

Make Sure Your Inventory is Healthy. Getting to healthy inventory levels is a natural result of leveraging downstream demand with demand sensing. Employ a multi-echelon inventory strategy to protect supply chain integrity and plan inventory at every level. Traditional inventory approaches create stockouts and waste.

Agile and Lean Supply Chain 290

Agile and Lean Supply Chain Supply and Demand Supply Chain Planning Software Gartner 290

Supply Chain Shaman

OCTOBER 11, 2012

This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. I think that it is time for us to take the litmus test and ask the hard questions, “Have our practices impacted days of inventory? I want to believe.

Inventory Reduction 245

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 245

John Galt

FEBRUARY 22, 2022

</h2> <p>Manufacturers have to consider two different approaches to managing their inventory in order to continue growing and to keep customers happy: inventory optimization (IO) and multi-echelon inventory optimization (MEIO). This makes demand forecasting and inventory management more challenging.

Modeling 60

Modeling Supply Chain Optimization Optimization Modeling Network Optimization 60

Supply Chain Game Changer

SEPTEMBER 1, 2021

A successful new business model has come to the forefront, and it doesn’t require you to have an inventory. How You Can Manage Your E-Commerce Store With No Inventory. The customer only needs to order the product from your storefront, which means you won’t need an inventory. of global retail sales. Drop shipping.

Inventory Reduction 87

Inventory Reduction Inventory Supply Chain Design Software Logistics Network Optimization Software 87

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

BlueYonder

APRIL 18, 2024

Consumers need real-time visibility to inventory. To answer that question, Blue Yonder recently commissioned Gatepoint Research to conduct a survey 1 of senior retail decision-makers. On Retailers’ Wish Lists: More Accurate Inventory Planning By adopting more advanced technology, what key capabilities are retailers focusing on?

Supply Chain Planning Software 85

Supply Chain Planning Software Forecasting Software Modeling Software Demand Planning Software 85

BlueYonder

JANUARY 29, 2024

The growing realization that competing on customer service, rather than costs alone, means B2B companies can focus on providing the flexibility, transparency and sustainability that customers want. Blue Yonder’s composable, microservices architecture allows customers to augment the right capabilities at the right time.

Gartner 83

Gartner Optimal Sourcing Distribution Supply Chain Design Software 83

Logility

APRIL 17, 2023

of supply chain managers using Excel spreadsheets to manage your inventory and supply chain, it’s time to make a change. Pre-pandemic research by McKinsey found that companies experience disruptions every 3.7 This helps manufacturers anticipate demand, increase customer satisfaction, and drive revenue growth.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 130

The Logistics of Logistics

JANUARY 9, 2023

Provide real-time, granular inventory and order visibility across an extended network. Define and execute detailed inventory allocation and reservation rules. Automate complex channel and customer order management requirements (back order management, subscriptions, new product introduction, etc.).

Supply Chain Planning Software 183

Supply Chain Planning Software Distribution Supply Chain Network Software Logistics Network Optimization Software 183

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions. Tracking Progress.

Inventory Reduction 150

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

ToolsGroup

NOVEMBER 10, 2015

Inventory configuration is usually the predominant issue in most manufacturing environments. Inventory policy is usually the predominant issue in most distribution environments. Here are five types of inventory optimization that you should be aware of if you are considering an optimization solution.

Modeling 120

Modeling Inventory Reduction Network Optimization Price Mitigation Strategies 120

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

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

Logility

FEBRUARY 1, 2013

Ann Grackin and Bill McBeath of ChainLink Research recently published an article on Caribou Coffee’s supply chain. The team knew they were missing a big opportunity—accurate visibility to drive a more efficient operation, right-size inventory, improved customer service, as well as the expansion of product sales.

Supply Chain Planning Software 100

Supply Chain Planning Software Research Supply Chain Planning Supply Chain Software 100

Logility

FEBRUARY 1, 2013

Ann Grackin and Bill McBeath of ChainLink Research recently published an article on Caribou Coffee’s supply chain. The team knew they were missing a big opportunity—accurate visibility to drive a more efficient operation, right-size inventory, improved customer service, as well as the expansion of product sales.

Supply Chain Planning Software 100

Supply Chain Planning Software Research Supply Chain Planning Supply Chain Software 100

Supply Chain Shaman

SEPTEMBER 20, 2015

I could go off on a rant, but I will save you from this… Most clients are well-served to begin their customer-centric discussion by trying to do business with themselves. In my research, I find that the companies with the most progressive procurement processes also have the most advanced customer supply chain process evolution.)Without

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

15% decrease in inventory. 10% increase in service levels. With Blue Yonder capabilities, Mahindra & Mahindra Spares Business Unit (M&M SBU) now has greater visibility regarding demand, inventory, supply and distribution plans and are able to make more accurate and timely supply chain decisions. Improved productivity.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Forecasting Software Modeling 179

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. Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Let’s start with inventory.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

OCTOBER 13, 2022

Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. The gap between logistics and procurement; and logistics and customer service increases process latency. Inventories increased by 44% due to supply chain volatility. Inventories grew year-over-year by 43%.

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

RELEX Solutions

MARCH 29, 2019

We worked alongside Dan Covert and Joaquin Ortiz on their Master Thesis “Dynamic Customer Service Levels: Evolving Safety Stock Requirements for Changing Business Needs” for the Massachusetts Institute of Technology. RELEX was used to simulate the dynamic safety stock levels suggested by their research.

Inventory Reduction 28

Inventory Reduction Logistics Network Optimization Software Vendor Strategies Research 28

Unleashed

JUNE 2, 2022

A key challenge of omnichannel that automation can help with is maintaining accurate inventory across multiple channels Omnichannel vs multichannel eCommerce: what’s the difference? Omnichannel also makes it easy for customers to make purchases or reach customer service teams from any device, via their preferred platform.

Omnichannel 97

Omnichannel Inventory Management Software Supply Chain Design Software Analytics Software 97

Supply Chain Shaman

MAY 1, 2023

The research focuses on lessons to be learned from the past thirty-seven months of disruption. Certain supply chains like maintenance parts, designer/fashion items, new product launches, and food service items must be managed in an agile supply chain. Inventory as Waste. Manage inventory as a liability. Frustration.

Inventory Reduction 241

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 241