Supply Chain Shaman

APRIL 16, 2024

Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. Their messaging is generally to an IT audience, assuming that the current definition of the solution footprint (taxonomy) is sufficient.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Modeling 221

QAD

NOVEMBER 10, 2022

It has most definitely impacted how people buy products of all types and in all industries. However, at the same time, the technology of better data management is most definitely helping manufacturers as well. 84% of consumers have purchased a sustainable product in the past six months, which is up from 67% in 2021.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

Supply Chain Shaman

FEBRUARY 27, 2020

I think one of the huge problems is that US-centric food companies (Kellogg, General Mills, Smucker’s, Conagra etc.) Older men buy less underwear than younger males and their packaging was not as attractive to the female shopper buying for the family. Raise your hand and ask for definitions. I lost trust in the brand.

Analytics Software 246

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 246

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. Companies that tightly tether to enterprise transactional data will never buy the right stuff.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Popular Beliefs on Supply Chain Excellence Do Not Align With Results. . Mondelez Performance Against the Food Group for 2010-2019. Overall, the industry is not aligned with the definition of supply chain excellence.

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

EazyStock

OCTOBER 21, 2021

Now, instead of managing their inventory manually in Excel spreadsheets, EazyStock automatically calculates reorder points and quantities and recommends purchase orders. TerraSana is an organic food producer and trader. We purchase our raw materials from all over the world, and we sell our products mainly within the EU.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Supply Chain Planning Software Forecasting Software 52

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. This is achieved by helping business owners determine the right time to restock their items or purchase materials for production.

Inventory Reduction 84

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 84

Supply Chain Shaman

SEPTEMBER 30, 2014

Definition: Brass tacks are a type of pin or nail. This trend spawned chains like Trader Joes, Walmart, Whole Foods, etc. Consumers want to shop anywhere, and buy in the way that they want to buy. …there is not substitute for an accurate PI signal in supply chain excellence. Source Wikipedia.

Forecasting 298

Forecasting Optimal Sourcing Forecasting Software Supply Chain Network Software 298

Supply Chain Shaman

JANUARY 18, 2016

Customers are buying less. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. Ecommerce has changed the definition. Disintermediation.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

SCMDOJO

JUNE 21, 2023

Companies with advanced supply chain practices excel in delivering quality third-party logistics management, SKU optimization, efficient transport management, and swift handling of B2B/B2C shipments. Two fundamental questions arise: the definition of procurement outsourcing and the most efficient approach to its implementation.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 94

Supply Chain Shaman

MARCH 15, 2016

Process industry leaders–chemical, consumer packaged goods, food/beverage–have greater issues using data, with software usability, and building effective connections to align and build effective relationships with trading partners. The processes are largely batch, using data with great latency (orders and purchase orders).

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

Unleashed

MAY 19, 2020

Don’t purchase any supply chain solution that is not Cloud or SaaS based. That means you can buy it as a remote online service (SaaS) paying typically by user per month, or buy and install the software on the cloud. Don’t buy any solution from a supplier that has no brewing sector experience. Costed Purchase Orders.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

Supply Chain Movement

MAY 15, 2013

Little can be said with certainty about the future, apart from that the future is by definition uncertain and that it is getting closer all the time. In the Netherlands, the government initiative ‘Top Team Logistics’ has issued advice aimed at helping the Dutch logistics sector to regain its position of excellence by 2020.

Supply Chain Planning Software 92

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Strategy 92

KEPLER Consulting

OCTOBER 18, 2017

After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath. On this axis everything starts with Value Added definition by teams, what do the clients expect? 2 Set up localized resources.

Purchasing Skills 60

Purchasing Skills Negotiating Skills Optimal Sourcing Sourcing Strategies 60

Supply Chain Game Changer

JULY 31, 2019

Brand Protection – The Definitive Role of the Supply Chain! Procurement – the effective purchasing of raw materials, back-office goods and professional services – as well as Logistics – the orchestration of the movement of those goods – might not seem to be as important as sales, marketing, R&D or finance at first blush.

Manufacturing Procurement 72

Manufacturing Procurement Pharmaceutical Supply Chain Planning Supply Chain Strategy 72

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Electronic Data Interchange (EDI) does not meet this definition.

Supply Chain Network Software 275

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 275

Synovos

MARCH 11, 2024

The Benefits of Outsourcing MRO Integrated Supply Chain for Food Manufacturers When RS Integrated Supply first started managing Maintenance, Repair and Operations (MRO) for one US food manufacturer, the client was a fledgling company. “I Food production is, however, different to other areas of manufacturing in crucial ways.

Manufacturing Procurement 52

Manufacturing Procurement Food Manufacturing Material Savings 52

ivalua

DECEMBER 6, 2022

Maverick buying . Fit for Purpose’ buying channels with guided buying . The way how these needs are managed are defined as buying channels. Buying channels take into account different product characteristics (e.g. Buying channels take into account different product characteristics (e.g. drives cost savings.

Optimal Sourcing 130

Optimal Sourcing Pricing Training Procurement Solutions Optimization Software 130

Supply Chain Shaman

AUGUST 11, 2016

Definition: “Customer - centric is an approach to doing business that focuses on providing a positive customer experience both at the point of sale and after the sale in order to drive profit and gain competitive advantage.” Shown in Figure 1 is a cost-to-serve analysis from the food industry. The issues are numerous.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

Unleashed

MARCH 26, 2023

Businesses in complex industries like food production are more likely to require sophisticated Xero inventory software. But as customers purchase products, those levels need to shrink again. It’s a definite upgrade from a spreadsheets-based system, allowing real-time inventory tracking and faster data analysis.

Inventory Management Software 52

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

Freightos

JANUARY 8, 2019

From monitoring equipment failure to real-time assessments of the safety and quality of food and pharma products, to AI predictive analytics on theft and accident vulnerability, IoT solutions will undoubtedly garner greater peace of mind and cost savings for stakeholders throughout the global supply chain. Internet of Things.

Freight 153

Freight Pricing Training Negotiating Skills Purchasing Training 153

Supply Chain Game Changer

AUGUST 29, 2019

But in this case, what a business doesn’t know most definitely can hurt it. Zombie assets can also result in items being bought twice by purchasing departments who don’t know that suitable assets are already on hand. What Causes Ghost Assets? How Can a Business Deal with Ghost Assets?

Inventory Reduction 65

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Design Software 65

Logistics Bureau

JANUARY 7, 2020

The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . Developed a process of excellence in supply chain collaboration. There is also the question of ethical procurement and purchasing to consider. .

Inventory Reduction 102

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 102

Supply Chain Shaman

MARCH 21, 2022

By definition, this requires a global supply chain. Food instability in Africa could be an outcome because Russia and Ukraine supply 29% of worldwide wheat exports and 17% of corn with significant exports to the middle east and Africa. The journey needs to start with clear definitions. My response is “Hogwash.”

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

RFgen

MARCH 12, 2024

FIFO Definition : FIFO is an inventory management technique that ensures the oldest products (first bought or produced) leave the inventory first. Without accurate inventory tracking or digital inventory management , this may require an in-depth review of inventory purchase records to identify initial costs.

Inventory Management Software 84

Inventory Management Software Inventory Reduction Inventory Management Material Savings 84

Requis

JUNE 25, 2020

Now we’re developing some excellent online platforms. Yet panic buying created a shortage because supply chains of such items are not built to be agile and to react to an unprecedented spike in demand. While she didn’t plan to have a career in supply chain, once she got involved, she “definitely fell in love with it!”.

Supply Chain Planning Software 52

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning 52

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck with inputs from the traditional processes of collaborative forecasting, and traditional definitions of demand planning, demand error and bias are high. This issue is that the orders have inherent order latency (The time for customer purchases to translate to manufacturing orders). Orders do not represent market demand.

Supply and Demand 150

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

Zipline Logistics

JANUARY 24, 2020

If unable to find a product in store, consumers are quick to turn their attention online and purchase goods there. According to a report from McKinsey & Co , “The US food retail industry loses an estimated $15–20 billion in sales every year because items are out of stock or otherwise unsaleable.”. Understand Appointment Scheduling.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

Supply Chain Shaman

JULY 6, 2020

I started to work at General Foods’ largest plant in Dover, DE, in the summer of 1982 at the age of 24. Ed argued that instead of buying new packaging equipment that we should work with R&D to have a base flavor and add the color and flavoring at the head of the machine. The first step is the definition of a clear strategy.

Agile and Lean Supply Chain 297

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 297

Supply Chain Shaman

SEPTEMBER 24, 2018

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 233

Supply Chain Shaman

JUNE 6, 2015

I was an avid student of supply chain excellence; and in this role, I watched as best-of-breed solution after best-of-breed solution replaced with more complicated technology. This is a much broader definition than most organizations endorse. In food and beverage companies, I think that we are at a supply chain crisis.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

OCTOBER 2, 2020

Another client wants to push the customer-centric concept in his organization, but his definition is to do whatever the customer wants. A well-defined customer-centric supply chain starts with a clear definition of the organization’s strategy to serve a well-defined customer requirement. Food Drive-Thru Experiences.

Customer Service 298

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 298

Unleashed

MAY 12, 2020

And I also see that there’s a lot of consolidation going on – larger companies buying smaller ones – and also a pivot to a brewpub model. So brewers are having to change their definition of success. What are the key KPIs breweries should monitor for operational excellence? Food trucks and tasting rooms.

Manufacturing 72

Manufacturing Data Modeling Software Forecasting Software 72

ThroughPut

JUNE 3, 2019

Literally the definition of streaming, real-time, operations in a production environment but with little transparency or modern software enablement. Innovation and IT are usually at the bottom of the food chain for Industrial Organizations, regardless of how valuable their R&D discovery may seem initially.

Groups 60

Groups Innovation Supply Chain Planning Software Optimal Sourcing 60

Supply Chain Shaman

SEPTEMBER 13, 2016

The change in front of us will transform the base-level definitions of source, make and deliver. As shown in Figure 1, the biggest obstacles to power improvement/performance are traditional supply chain thinking, the lack of organizational alignment and a focus on functional excellence. Tradition is deeply rooted.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

Precoro

FEBRUARY 27, 2023

Read on to learn all you need to know about the definition, benefits, types, steps of implementation, and success tips for spend analysis. Streamlines Internal Procedures Spending data analysis sheds light on similar purchases between different departments. What Is the Spend Analysis Process?

Analysis 52

Analysis Purchasing Skills Procurement Analytics Optimal Sourcing 52

Locus

JULY 28, 2022

This post explains how a delivery management system contributes to your workforce productivity and leads to last-mile excellence. When you deal with time-sensitive goods like food or medicines, unexpected delivery delays may lead to losing customers. It is the hows that guide your purchasing decisions. Route optimization.

Optimization Software 52

Optimization Software Analytics Software Modeling Software Demand Planning Software 52