Supply Chain Shaman

SEPTEMBER 28, 2022

Last week, after booking an additional $1B in unexpected supplier costs in the third quarter, the CFO led the company’s focus on restructuring to “support efficient and reliable sourcing of components and internal development of key technologies and capabilities.” Multi-tier inventory management by itself was not sufficient.

Manufacturing Procurement 195

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

Logistics Viewpoints

JUNE 26, 2023

For Mars, digitalization has focused on improved customer service, cost reductions, and making their supply chain associates more productive. The second goal was to work with a fourth party logistics (4PL) partner that had invested in cutting-edge transportation management and visibility solutions.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Clear Spider

MARCH 21, 2024

In the age of technology, the message to customers and businesses everywhere is loud and clear: sky’s the limit. AI inventory solutions create more powerful and adaptive supply chains. One of the key drivers of supply chain resilience is the use of artificial intelligence and machine learning algorithms in inventory management.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Predictive Analytics Software 52

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. This avoids duplication of efforts and ensures a smooth flow of goods and services.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

GlobalTranz

APRIL 20, 2021

A supply chain built for resiliency allows a company to adapt to unpredictable forces while maintaining customer service. A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. Many companies rely on data that may lag several days.

Supply Chain Planning Software 288

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Sourcing Strategies 288

Unleashed

MARCH 25, 2024

Consolidation warehousing is a strategy that allows your business to reduce transportation costs and improve customer service by combining shipments from various sources into a single truckload. Warehouse consolidation simplifies logistics , reduces transportation costs, and improves operational efficiency.

Material Savings 52

Material Savings Warehousing Inventory Reduction Expense Reduction 52

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Capacity constraints and transportation delays.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

Supply Chain Shaman

SEPTEMBER 13, 2021

For example, Distribution Requirements Planning (DRP) has very little to do with Transportation Planning (TMS). There is no true end-to-end solution that enables bi-directional orchestration across deliver, make, and source processes. Transportation Reliability. The slowdown in ocean transport is a rude awakening.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Purchasing Skills 195

Logistics Viewpoints

AUGUST 2, 2021

Driver dwell is a key source of driver dissatisfaction and contributes to the driver shortage. Weisenberger is leading their digitally enabled shipping initiative, she works in distribution operations rather than transportation. FourKites is a leading provider of real-time transportation visibility solutions. What made Ms.

Real-time Visibility 251

Real-time Visibility Shipping Sourcing Strategies Supply Chain Planning Software 251

RFgen

AUGUST 10, 2023

Inventory management is no exception. Today’s digital supply chain makes manual inventory control obsolete. When first implementing digital inventory technology, many organizations consider a warehouse management system (WMS). Deliver accurate, on-time orders for optimal customer service.

Real-time Visibility 81

Real-time Visibility Inventory Management Software Supply Chain Planning Software Inventory Reduction 81

Logistics Viewpoints

APRIL 22, 2024

But for that to occur, all of the dominos must fall into place: the product must be available to promise, there needs to be enough shipping capacity, and there needs to be an understanding of how inventory will be moved between mills and distribution centers. Of course, getting a promise right is vital.

Georgia 225

Georgia Optimal Sourcing Modeling Modeling Software 225

BlueYonder

MARCH 11, 2024

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. The one common thread here has, of course, been automation. And not just any kind.

Supply Chain Planning Software 78

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Retail 78

Intelligent Audit

JULY 27, 2021

Supply and demand are two sides of the same coin, the vital coin of inventory management supply chain analytics. Without adequate inventory and supply to go along with capacity and demand, supply chain management will struggle to keep pace during peak seasons. Peak Season Inventory Management and Fulfillment Depends on Market Trends.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Sourcing Strategies 52

ShipBob

NOVEMBER 29, 2023

These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory. What is ghost inventory?

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. Companies struggle to have the right inventories. The end result?

Supply Chain Planning Software 256

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 256

GlobalTranz

APRIL 25, 2017

Therefore, more companies have partnered with third-party logistics providers ( 3PLs ) to achieve greater supply chain savings and presence in such markets through enhanced transportation management systems ( TMSs ). To maintain your role in the global market, you need to understand how 3PLs contribute to an improve transportation networks.

Cost Reduction Strategies 156

Cost Reduction Strategies Resource Reduction Vendor Strategies Expense Reduction 156

Logility

AUGUST 12, 2021

Most companies understand that accurate forecasts are a critical part of minimizing inventory, maximizing production efficiency, streamlining purchasing, optimizing distribution, minimizing waste, and projecting future performance confidently. Advanced Inventory Management. Preparing for Market-Driven Demand.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. While we will recover quickly in retail (moving from painful shortages to a glut of inventory), the chemical industry–sitting four and five layers back in the supply chain–takes longer to recover. Retail shelves are increasingly empty.

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 278

Logistics Viewpoints

FEBRUARY 2, 2023

By integrating the solution with customer accounting systems and other billing software, such as timecards, customers can inspect current charges in real time for an accurate snapshot of present expenses leading to improved forecasting. Lastly, this single source of truth for all parties positively impacts customer relationships.

Supply Chain Planning Software 204

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 204

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). He asked me to help him understand why his customer service and shipment reliability were poor. We started the conversation with sourcing. Lucas had a team that dictated sourcing based on excel spreadsheet analysis to reduce cost and improve tax efficiency. His response?

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Supply Chain Shaman

OCTOBER 19, 2022

Planning outside of lead time in the tactical horizon is essential to manage costs, defining buffers, and sourcing strategies. The gaps in expectations between planning and functional organizations like manufacturing, transportation, and procurement are large and growing. Each planning horizon serves a purpose. The reason?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Real-time Visibility 195

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. Companies struggle to have the right inventories. The end result?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 195

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. Companies struggle to have the right inventories. The end result?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 195

Adexa

JULY 17, 2023

It allows organizations to track and monitor inventory levels, production status, transportation, and other crucial supply chain activities. Optimal resource utilization: Digital technologies enable organizations to optimize resource allocation, such as inventory, production capacity, and transportation.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98

Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). He asked me to help him understand why his customer service and shipment reliability were poor. We started the conversation with sourcing. Lucas had a team that dictated sourcing based on excel spreadsheet analysis to reduce cost and improve tax efficiency. His response?

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Enterra Insights

JUNE 28, 2023

The staff at the Transportation Intermediaries Association (TIA) note, however, that the logistics industry plays an “out-sized — and often underappreciated — role … within the greater transportation ecosystem.”[1] Logistics also creates jobs in the transportation industry, helping to stimulate economic growth.”

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Supply Chain Design Software 130

Logistics Viewpoints

DECEMBER 5, 2022

And while a product may be manufactured in one geography,” Ralf Eberle explained, “we’re selling and supporting customers across the globe. This involves a lot of long-haul transportation.” The data from Infor Nexus also helps the transportation teams do better carrier sourcing.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

SCMDOJO

JANUARY 17, 2024

They can also be in charge of mapping out logistics for transporting the supply and fulfilling orders. A logistics resource planner coordinates workers and transport fleets to fulfill customers’ orders. A load planner compiles customers’ orders into truckloads and plans delivery routes.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69

Logility

AUGUST 23, 2021

To ensure long-term growth and protect customer loyalty, businesses need to strive for the automation of supply chain planning. Success in this area requires the ability to fulfill market demand through dynamic sourcing, flexible production and manufacturing plans, low distribution costs, and short lead times.

Supply Chain Software 130

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 130

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

Enterra Insights

DECEMBER 19, 2023

First, there was the so-called “retail apocalypse,” then came the pandemic, which was followed by inventory challenges, inflation, and an economic slowdown. The winners this season are going to be companies that keep their loyal customers close, and maintain a real focus on customer service.”[1]

Optimal Sourcing 130

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Optimization Software 130

3rdwave

AUGUST 7, 2019

There are 4 fundamental areas where global transportation is challenged. Three of these challenges are variants on traditional transportation challenges and the last is relatively new but growing in importance. Transportation Cost Management. Delivery Performance (across the global supply chain). Information Accessibility.

Global Transportation 75

Global Transportation Transportation Management Purchasing Skills Negotiating Skills 75

Supply Chain Shaman

JULY 15, 2021

70% of global supply chain shipments are by sea, 18% move by road transport, 9% go by rail, 2% by inland waterways and less than 0.25% by air. The issues result in late arrivals and customer service issues. Redesign to orchestrate transportation market-to-market. Labor shortages abound for road freight. Price Increases.

Supply Chain Design Software 367

Supply Chain Design Software Supply Chain Planning Software Price Reduction Forecasting Software 367

SYSPRO Smarter ERP

SEPTEMBER 8, 2022

High and increasing costs, in combination with long recovery times, have triggered many companies to reassess their customer service plus supply-chain strategies and footprints to make them more resilient to any kind of disruption. In come cases where tier-one suppliers do not have visibility into their supply chains, always.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain 105

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

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources. Many companies buy forward inventory ahead of tariffs being implemented. This practice is illegal. Operational strategies. Buying forward. The “first-sale” rule.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245