Supply Chain Shaman

JANUARY 8, 2024

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. The supply chain has two important buffers–inventory and capacity. Any takers here?

Supply Chain Design Software 235

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 235

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Sadly, most of it is the wrong inventory. Despite spending 1.1%

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

Unleashed

APRIL 4, 2023

Inventory management Machine learning can track and analyse sales and customer data, along with supplier data. These datasets allow for accurate inventory management. This helps reduce the chance of under or overstocking inventory which in turn can create significant financial risk.

Case Study 52

Case Study Supply Chain Planning Software Supply Chain Software Forecasting Software 52

Turvo

JULY 30, 2021

Transportation management systems (TMS) have transformed from a desirable perk to a critical necessity for continued growth and success within the supply chain management networks. The Top Functions of a Transportation Management System in Logistics Include Route Optimization. It Tracks Shipments From Cradle to Grave.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 98

GlobalTranz

DECEMBER 11, 2014

Today begins our series about electronic data interchange or EDI in transportation. In this series, we will first talk about how EDI in transportation works and what it is, covering the history of EDI in transportation, the definition, how it works technically, and then some common EDI codes used within the transportation industry.

Electronics 262

Electronics Transportation Data Resource Reduction 262

Supply Chain Shaman

AUGUST 24, 2020

A portal is an information dead-end street. Start With Definitions. To begin any discussion in this market, the buyer should start with definitions. Definitions. Make interoperability a priority and push the network providers to drive information across networks. A network is not a network. Each form is different.

Supply Chain Network Software 326

Supply Chain Network Software Manufacturing Procurement Purchasing Skills Procurement Solutions 326

Supply Chain Shaman

FEBRUARY 28, 2021

The high activity levels in the transportation and Retail/Ecommerce sectors mirror consumers’ movement into new channels. S&OP becomes a Ferris Wheel of activity, creating a Deadpool of information. For example, Vendor Managed Inventory (VMI) systems, a useful stream of customer data, do not connect to planning.

Supply Chain Planning Software 359

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 359

ToolsGroup

FEBRUARY 7, 2021

I think it’s more that the idea of sourcing and how to buffer certain inventory will be definitely more localized. So also the demand for it and even the demand couldn’t be really supplied with inventory space. So this is definitely something from the supply side, what is the takeaway? There was a big peak.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

This entails staying well-informed about industry trends, harnessing technology for improved decision-making and transparency, nurturing strong partnerships with service providers, and continuously evaluating and refining procurement strategies to address the evolving complexities of container shipping.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

GlobalTranz

JULY 24, 2017

Rather than looking at it with only two options, shippers need a third solution; they need to take advantage of an LTL transportation management system (TMS), focusing on how leveraging today’s systems, like the Cerasis Rater , can maintain profitability and drive expenses down. Think about the benefits you want from your TMS.

Transportation Management 139

Transportation Management Optimization Software Analytics Software Supply Chain Design Software 139

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. These challenges are: Information Accessibility – visibility, reporting & analysis, communication.

Global Transportation 75

Global Transportation Transportation Management Purchasing Skills Negotiating Skills 75

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Sustainability is definitely coming of age in Asia. Though blockchain plays a vital role in verifying information, it’s not the silver bullet when it comes to achieving a fully transparent and sustainable supply chain. This provides customers, partners and suppliers alike, access to information in real-time.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

Supply Chain Shaman

SEPTEMBER 3, 2018

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Let’s Start with Definitions: One of the difficulties in supply chain is the lack of common definitions. What did we find?

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

Supply Chain Shaman

JUNE 23, 2020

I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). The term “AI” is overused.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

The Logistics of Logistics

SEPTEMBER 12, 2020

The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. Supply Chain Definition. Transportation. Inventory management. The business world views Broad’s graduates and faculty as the voice of the SCM field.

Supply Chain Design Software 130

Supply Chain Design Software Negotiate Pricing Negotiating Skills Supply Chain Design 130

Supply Chain Shaman

FEBRUARY 28, 2021

The high activity levels in the transportation and Retail/Ecommerce sectors mirror consumers’ movement into new channels. S&OP becomes a Ferris Wheel of activity, creating a Deadpool of information. For example, Vendor Managed Inventory (VMI) systems, a useful stream of customer data, do not connect to planning.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 217

Talking Logistics

JANUARY 8, 2015

Two major shifts are changing the face of global transportation management as we know it: Supply chains are becoming increasingly complex, relying on partners and data beyond the four walls of the enterprise; The very definition of global transportation management is broadening and expanding well beyond the traditional TMS scope.

Global Transportation 100

Global Transportation Inventory Reduction Optimal Sourcing Cost Reduction Strategies 100

The Logistics of Logistics

JUNE 23, 2022

In addition, retailers are struggling to move inventory initially ordered in the first quarter of 2022 to make way for back-to-school and holiday merchandise. The peak season definition is a continued evolution of the seasons in transportation. Bottlenecks from future COVID-19 variants are possible. According to the U.S.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

Logility

FEBRUARY 20, 2018

There are as many definitions for digital transformation and articles on the subject. I like the definition provided in i-scoop’s online guide to digital transformation. Model element include forecasts, capacities, inventory positions, lead-times, resource availability, costs, revenues, and profits.

Supply Chain Planning Software 114

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 114

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. Specifically, I will focus on the lack of clear definition of control tower, cognitive computing, connected planning, and concurrent planning. Control Tower.

Supply Chain Planning Software 167

Supply Chain Planning Software Modeling Software Analytics Software Demand Planning Software 167

Logility

DECEMBER 2, 2020

For example: Optimizing a distribution network not only reduces logistics costs but, in most cases, reduces carbon emissions through fewer transportation miles and/or less inventory holding costs. Unfortunately, an industry-accepted definition of a “Green Supply Chain” does not exist. So how does one build one?

Supply Chain Planning Software 133

Supply Chain Planning Software Sourcing Strategies Supply Chain Planning Scenario Planning 133

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. Specifically, I will focus on the lack of clear market definitions of the terms control tower, cognitive computing, connected planning, and concurrent planning.

Supply Chain Planning Software 154

Supply Chain Planning Software Modeling Software Modeling Analytics Software 154

The Logistics of Logistics

MARCH 18, 2013

Everyone knows what a warehouse is, but I decided to publish Wikipedia’s definition because it was really good. Warehouse Definition. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. Access to transportation infrastructure is also a key consideration.

Warehousing 114

Warehousing Logistics Network Optimization Software Vendor Strategies Buyer Training 114

Supply Chain Game Changer

FEBRUARY 1, 2022

Definition of Logistics. Investopedia defines it as “the overall process of managing how resources are acquired, stored, and transported to their final destination.” ” It is clear from these definitions that Logistics transcends not only Freight management, but it goes far beyond just the notion of moving goods. .”

Logistics Network Optimization Software 89

Logistics Network Optimization Software Logistics Resource Reduction Military 89

GlobalTranz

FEBRUARY 25, 2021

According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

RFgen

DECEMBER 6, 2018

retail, transportation & logistics, healthcare, manufacturing, government, and education.” (You Retail store staff, receiving clerks and other warehouse employees use barcode scanners or wearable devices such as ring scanners to track the movement of raw materials, finished goods, inventory and more. Next Steps.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Supply Chain Network Software 52

SCMDOJO

JULY 24, 2023

In this blog, we will answer the question: what is Contract Logistics, and explore its definition, solutions, challenges, and opportunities, understanding why Contract Logistics is considered as the hub of logistics today and how it can help businesses thrive in an ever-evolving market.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Supply Chain Game Changer

JULY 30, 2019

“Logistics” and “Freight” both conjure up imagery associated with the movement and transportation of goods whether by truck, car, rail, ocean liner or any other form of transportation. ” That is the definition in a nutshell. .” ” That is the definition in a nutshell.

Negotiating Skills 72

Negotiating Skills Optimal Sourcing Freight Logistics Network Optimization Software 72

Logistics Viewpoints

NOVEMBER 29, 2023

ARC’s definition of omni-channel fulfillment is end-delivery centric. There are five major technologies included in the study: warehouse management systems (WMS), transportation management systems (TMS), distributed order management (DOM), inventory optimization/store replenishment, and demand planning.

Optimal Sourcing 249

Optimal Sourcing Optimization Software Forecasting Software Demand Planning Software 249

Logility

AUGUST 4, 2023

Whether your definition of value includes on-time, in-full (OTIF), inventory reduction or optimization, transportation spend, speed of decision making, supply chain costs, net working capital, or a myriad of other value measures, you know your business better than anyone.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Vendor Strategies 208

ToolsGroup

MARCH 24, 2021

As people in highly populated cities were very reluctant to use public transportation, many used savings or low-interest financing to buy second-hand cars for family members. Consequently the company was prepared with enough inventory to meet demand and service levels. are often counterintuitive.

Modeling 177

Modeling Supply and Demand Supply Chain Disruption Supply Chain Planning Software 177

Supply Chain Shaman

DECEMBER 29, 2016

As a result, each time someone uses the word, you should ask for a definition. The lack of a common definition of the use of ‘research’ by industry analysts, bloggers, and consortia muddies the market. I also find that the definition of research by each analyst firm and consortia is different. Just the opposite.

Inventory Reduction 0

Inventory Reduction Supply Chain Planning Software Forecasting Gartner 0

The Logistics of Logistics

DECEMBER 31, 2012

There are a lot of different definitions for lean, but my favorite is below. Producing earlier or more than is needed generates other wastes, such as overstaffing, storage, and transportation costs because of excess inventory. Inventory can be physical inventory or a queue of information. Excess Inventory.

Waste Reduction 157

Waste Reduction Agile and Lean Supply Chain Lean Inventory Reduction 157

SCMDOJO

FEBRUARY 20, 2023

Distribution Operations Definition Distribution Operations refers to the management and execution of the processes involved in delivering products or services to end users. It involves various activities, such as warehousing, inventory management, transportation, and logistics.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

Supply Chain Opz

MAY 1, 2018

Logistics books listed here share the same characteristics, it provides basic information that is practical enough to read and understand. The Definitive Guide to Order Fulfillment and Customer Service You can't say that you are a logistics management professional if you don't understand the customers.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Logistics Material Savings 100

Logistics Viewpoints

OCTOBER 7, 2022

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. The six areas are energy use, nature, waste, packaging, transportation, and product use and design. This is putting the squeeze on small businesses. Robots are everywhere these days.

Logistics Network Optimization Software 184

Logistics Network Optimization Software Real Estate New York Logistics 184

GlobalTranz

JULY 10, 2017

So, let’s take a stroll through the broad and specific definitions of an OMS. This means order processing, call center management, customer service, inventory and warehouse management, marketing and accounting processes are combined into one resource. Information is gathered for marketing purposes. How Does an OMS Function?

Supply Chain Design Software 0

Supply Chain Design Software Demand Planning Software System Omnichannel 0