Supply Chain Shaman

OCTOBER 8, 2019

The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The design of the conference includes tours of several modern warehouses and centers of excellence. The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?”

Supply Chain Design Software 187

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 187

Precoro

JANUARY 30, 2023

From raw materials (wood for a furniture factory or vegetables for a restaurant) and finished goods (office or lab supplies) to services (software subscriptions), buyer-vendor relationships are at the core of every business. As a company slowly grows, purchase management becomes more and more complicated.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Supply Chain Planning Software Supply Chain Software 52

ShipBob

NOVEMBER 29, 2023

And two days ago a few units were reported stolen. Ultimately, it results in struggles with business spending, purchasing, and productivity. Even though the items are not physically present in your storage space or warehouse, the digital records show that it’s “in stock” or on hand. What is ghost inventory?

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 71

QAD

JULY 21, 2022

Common results of the bullwhip effect are excess inventory and associated cost increases, lost revenue, unnecessary capacity and a less-than-optimal customer experience. Price fluctuations and discounts resulting in increased purchases. Causes of the Bullwhip Effect. Rounding up or down of the quantity of orders and batches.

Price Reduction 95

Price Reduction Inventory Reduction Cost Reduction Strategies Optimal Sourcing 95

GlobalTranz

DECEMBER 29, 2014

There are countless number of logistics service providers who offer many different types of broad and niche services. Some logistics involves transportation or warehouses or both. When a manufacturer’s product normally moves through the supply chain network, it is to reach the distributor or customer. Read the full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

ThroughPut

OCTOBER 16, 2022

Inventory optimization aims at arriving at the right amount of inventory that is sufficient to meet present and future forecasted demand. When organizations have the optimum inventory levels, they are easily able to address unnecessary inventory costs and problems associated with inventory such as overstocking, and stockouts.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Invata Intralogistics

APRIL 5, 2024

Today’s most ground-breaking innovations lie in state-of-the-art warehouses and the algorithms and automated systems that drive them. AI’s Impact on Inventory Management Accurate inventory management is crucial in reducing operational costs and improving customer experience.

Supply Chain Software 52

Supply Chain Software Predictive Analytics Software Optimization Software Inventory Management Software 52

Enterra Insights

APRIL 22, 2019

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. Everybody is presenting this in a different way, from one retailer to another.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

Kinaxis

JULY 19, 2017

Phillips, SVP of Customer Supply Chain & Global Go-To-Market for PepsiCo shared during his keynote presentation at the Gartner Executive Supply Chain Conference, this digital revolution presents enormous challenges and opportunities across the end-to-end consumer value chain. IoT at retail. Retail is upping its game too.

Supply Chain Design Software 279

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Gartner 279

Unleashed

AUGUST 16, 2023

A backorder presents an opportunity for businesses to continue to make sales on products that are temporarily out of stock. Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. Putting an item on backorder reserves future stock for a specific customer.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

GlobalTranz

JANUARY 18, 2019

The decision to invest in a cloud-based warehouse management system (WMS) is often the result of sub-par systems in operation within the exclusive supply chain. Scalability of a Cloud-Based WMS Is Limitless The first issue presented by a non-purpose, traditional WMS solution is scalability. Get Your Free White Paper Today.

Modeling Software 159

Modeling Software Demand Planning Software Logistics Network Optimization Software Supply Chain Software 159

GlobalTranz

APRIL 5, 2016

Predictive analytics , which identify the intrinsic inefficiencies in simple processes that did not warrant in-depth review in response to the Great Recession. For example, the Cerasis Rater enables rapid reporting, tracking of KPIs, and review of asset-allocation quickly and easily. Warehousing and E-Fulfillment.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Negotiating Skills 3PL Purchasing Skills 120

Supply Chain Opz

NOVEMBER 9, 2014

The list is presented in the order the responses were received in: 1) Andreas Wieland , Assistant Professor at Copenhagen Business School Successful supply chain management means that organizations are well-orchestrated in an end-to-end value network. Keep it Simple : It’s important to not over complicate things. . But, it can be overdone.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

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 91

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 91

GlobalTranz

JUNE 12, 2018

Consumers will shop elsewhere, explains Stacey Rudolph of Business2Community , and the same fact holds true for consumers presented with unexpected shipping costs. Specifically, up to 56 percent of consumers will abandon online order purchases if presented with a shipping charge.

Freight 150

Freight Price Reduction Supply Chain Planning Software Cost Reduction Strategies 150

Enterra Insights

OCTOBER 7, 2019

There’s been increased use of mobile phones and smartphones, interfaces for websites and mobile apps have improved, and there’s been a notable expansion of crowd-sourced business models to shopping and delivery.”[1] ”[1] He draws those conclusions from a Packaged Facts research report published last year.

Modeling Software 100

Modeling Software Supply Chain Planning Software Logistics Network Optimization Software Procurement Analytics 100

Supply Chain Game Changer

FEBRUARY 6, 2019

The decision to invest in a cloud-based warehouse management system (WMS) is often the result of sub-par systems in operation within the exclusive supply chain. The first issue presented by a non-purpose, traditional WMS solution is scalability. A Modern WMS Provides Functions of Multiple Warehouse Systems.

Modeling Software 54

Modeling Software Demand Planning Software Logistics Network Optimization Software Warehousing 54

Supply Chain Shaman

OCTOBER 2, 2020

I think that we should earn a five-star rating with customers every day. At the end of every presentation, one of my clients always says, “Let’s fix the basics.” We need to improve the ability to serve the customer.” Customer Service Failure. As a pragmatic gal, they make me itch.

Customer Service 300

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 300

Enterra Insights

APRIL 20, 2021

Thanks to the pandemic, consumers now find themselves more frequently on the digital path to purchase. In 2020, global e-commerce sales growth jumped three years in the first three months of stay-at-home mandates, with a share of overall retail matching 2023 predictions. ”[7] Ross adds, “According to a report by SOTI Inc.,

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Predictive Analytics Software 130

GlobalTranz

JUNE 18, 2015

This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals. So, many suppliers utilize outside logistics management to ensure customers remain fully satisfied and continue to repeat purchasing. meaningful and accurate performance metrics. customer satisfaction.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

Locus Robotics

JULY 5, 2019

Is deploying warehouse robotics to automate piece picking for fulfillment operations at an inflection point? Using warehouse robotics to improve today’s fulfillment industry is not at a simple inflection point. We recently conducted a Locus demo and presentation for 30 supply chain executives with a very large global brand.

Warehousing 40

Warehousing Cost Reduction Strategies Vendor Strategies Price Reduction 40

Veridian Solutions

JANUARY 23, 2019

retailers, up to 72 percent, lack click and collect capabilities, reports DC Velocity. Click and collect makes up a portion of true omnichannel supply chains, allowing customers the freedom to shop online and pick up products in the store. Click & Collect Capabilities Give Customers Freedom of Choice and Flexibility.

Retail 49

Retail Eliminating Excel in Purchasing Omnichannel Procurement Analytics 49

Logistics Bureau

SEPTEMBER 4, 2023

Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed. Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

Veridian Solutions

JANUARY 14, 2019

retailers, up to 72 percent, lack click and collect capabilities, reports DC Velocity. Click and collect makes up a portion of true omnichannel supply chains, allowing customers the freedom to shop online and pick up products in the store. A Guide to the Warehouse Metrics Supply Chain Execs Should Track.

Retail 40

Retail Eliminating Excel in Purchasing Procurement Analytics Omnichannel 40

ShipBob

JULY 30, 2021

Imagine this scenario: A customer browses sunglasses on your online store but leaves without making a purchase. L ater, while they’re browsing through their Instagram feed, they notice an ad displaying a previously viewed product and a 20% discount off their first purchase. They click on the ad, which leads to a purchase.

Omnichannel 52

Omnichannel Inventory Management Software Forecasting Software Optimization Software 52

Enterra Insights

JANUARY 29, 2019

George Bailey, Managing Director of the Digital Supply Chain Institute, reports, “[2018 was] a banner time for supply chains and many companies have made substantial progress toward implementing a truly Digital Supply Chain that lowers cost and increases revenue.”[2]. ” Not all companies are laggards. ”[2].

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Analytics Software 100

ShipBob

JANUARY 7, 2022

“ShipBob’s Inventory Planner integration allows us to have all of our warehouse forecasting and inventory numbers in one platform. We can create ShipBob WROs directly in Inventory Planner and have the inventory levels be reflected in our local shipping warehouse and ShipBob immediately. Customer service & support.

Supply Chain Design Software 52

Supply Chain Design Software Inventory Management Software Supply Chain Planning Software Analytics Software 52

Supply Chain Shaman

AUGUST 11, 2016

I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. The Delta Medallion customer service agent told me that she had never seen anything quite like it. The Customer-Centric Supply Chain Strategy needs both.). Cost-t0-Serve Analysis . I am on a mission.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

Unleashed

AUGUST 3, 2021

purchase in bulk, hoarding quantities?of Dogs ate well during the pandemic, which boosted sales for manufacturers Business Wire predicts that the Australian?pet?food?market?will?grow New Zealand industry sources report that pet food suppliers sold? data, which also presented a challenge to some pet food?manufacturers,

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Supply Chain Trend

MAY 12, 2021

If you do not own the data in your value chain, it must be purchased or otherwise acquired. Companies with advanced analytics and AI capabilities tend to employ groups of data scientists working apart from the rest of the organization, possibly for months at a time, before presenting results to stakeholders.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Software Modeling Modeling Software 120

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

Unleashed

DECEMBER 5, 2023

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. Goods are being produced, procured, and delivered more efficiently with reduced costs. Artificial intelligence (AI) is changing the game for online businesses. Let’s dive in.

Inventory Management Software 52

Inventory Management Software Predictive Analytics Software Supply Chain Design Software Demand Planning Software 52

Vinculum

APRIL 15, 2020

In the present scenario, companies can take quick action across the end to end supply chain to tackle six significant issues. Business organizations can purchase information from the databases of business data providers. Businesses can use advanced analytical forecasting tools to produce realistic forecasts.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Inventory Reduction 52

Unleashed

AUGUST 11, 2020

Cost reductions in food manufacturing can be achieved by using food manufacturing software that improves ordering processes and minimises overstocking of expensive raw ingredients. The right software will also improve operational processes, boost warehouse efficiency and reduce waste. It all comes down to the data.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

Supply Chain Trend

AUGUST 13, 2020

Third wave supply-chain planning software will play the machine role in the human-machine collaboration, enabling the knowledge worker to manage large amounts of data, use advanced analytics, and automate processes and decisions across the enterprise and the wider value chain. Augmentation of decision making doesn’t necessarily require AI.

Supply Chain Software 147

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 147

BlueYonder

SEPTEMBER 1, 2022

Stores are now distributions centers and fulfilment hubs offering customers a seamless channel-agnostic shopping experience and extended aisle opportunity. Stores are service hubs offering customers personalized recommendations and assistance pre- and post-purchase. The Great Resignation is making labor management harder.

Cost Reduction Strategies 78

Cost Reduction Strategies Resource Reduction Purchasing Skills Supply Chain Planning Software 78