Supply Chain Shaman

SEPTEMBER 5, 2022

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. My take away?

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

Supply Chain Shaman

DECEMBER 27, 2022

The race started in 2016 as a foggy definition of digital appeared in supply chain marketing from technology providers. Today, there is no standard definition of digital. The numerous definitions across the supply chain technology and consulting providers are very different and often confusing. What is a digital brain?

Supply Chain Software 384

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 384

Supply Chain Shaman

JUNE 9, 2023

Each box has an optimizer that drives output from a model based on a functional definition using enterprise data. A Focus on Safety Stock Is Too Narrow for Effective Inventory Management. A manufacturing company’s safety stock is 30-40% of the total inventory requirement. My response is a big YAWN. The reason?

Optimal Sourcing 286

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 286

ModusLink Corporation

JANUARY 5, 2022

T he definition of Reverse Logistics. It has its first definition published only in the beginning of the nineties by the Council of Logistics Management (Bri-2004, S. It has its first definition published only in the beginning of the nineties by the Council of Logistics Management (Bri-2004, S. appeared first on ModusLink.

Reverse Logistics 78

Reverse Logistics Logistics Network Optimization Software Innovation Supply Chain Software 78

Supply Chain Shaman

JANUARY 2, 2024

Many discussions focus on driving improvement through planning, yet, when I take the client case studies on the websites of leading planning technologies and map the intersection of operating margin and inventory turns, I do not see metric improvement, sustained performance, or an increase in value. As I write, I scratch my head.

Gartner 266

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 266

Unleashed

AUGUST 6, 2023

In this competitive pricing guide Competitive pricing definition Competitive pricing is a sales and marketing strategy that involves manipulating price points in a business to match or beat the pricing of its competitors. Competitive pressure between businesses can lead to greater innovation.

Price Reduction 52

Price Reduction Cost Reduction Strategies Expense Reduction Inventory Reduction 52

The Supply Chainer Report

FEBRUARY 5, 2022

2022 most innovative idea is not coming from aerospace, or new drugs discovery. Focus on Inventory. As Ray Kroc – McDonald’s founder – favorite motto says ‘Keep it simple stupid’ Look at Amazon YOY inventory going up to +40%. It’s as simple as that. Availability. There are mainly 3 factors.

Innovation 52

Innovation Material Savings Inventory Reduction Cost Reduction Strategies 52

Supply Chain Shaman

JANUARY 8, 2024

Customer-centric Innovation Drives Value. Intuitive Surgical, L’Oreal, and Sleep Number drove excellence through product and service innovation to outperform their peer groups. Industry Trend at the Intersection of Operating Margin and Inventory Turns for 2013-2022 My conclusion? The gaps widened in the past five years.

Supply Chain Design Software 235

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

Supply Chain Shaman

JUNE 7, 2021

I did not think that anyone had a clear definition of supply chain excellence. A forum was great for networking but not for driving process innovation. I argued for industry collaboration to define and drive process innovation. My goal was to have AMR drive process innovation as a business model. I disagreed.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Supply Chain Shaman

JUNE 21, 2023

” The industry is in a groupthink, largely missing the opportunities for breakthrough innovation. Before you react, here are some definitions. Figure 1: Definition of Planning Horizons Wrap-up The supply chain planning technology space is ripe for disruption. As I listen, I struggle. This trend leads to reactive behavior.

Gartner 334

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 334

AIMMS

SEPTEMBER 10, 2018

It’s an exciting era for retail as companies continue to focus on creating and providing a great experience for their customers, while driving innovation and market share. online grocer who serves the East Coast and Mid-West, to hear about how he views the role of analytics and technology in driving supply chain innovation at his company.

Sourcing Strategies 206

Sourcing Strategies Prescriptive Analytics Software Analytics Software Supply Chain Software 206

Supply Chain Shaman

FEBRUARY 28, 2021

As I look at the financials, I question what the value could be if we got serious about innovation through new forms of analytics. For a gal like me, innovation is painfully slow. Companies are hanging their hats on marketing buzzwords, not innovation. These definitions are cursory discussions of very complex topics within AI.

Supply Chain Planning Software 346

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 346

AIMMS

SEPTEMBER 10, 2018

It’s an exciting era for retail as companies continue to focus on creating and providing a great experience for their customers, while driving innovation and market share. online grocer who serves the East Coast and Mid-West, to hear about how he views the role of analytics and technology in driving supply chain innovation at his company.

Sourcing Strategies 224

Sourcing Strategies Prescriptive Analytics Software Analytics Software Supply Chain Software 224

Supply Chain Shaman

AUGUST 24, 2020

I struggle to understand why innovation in supply chain networks stalled. Innovation for supply chain leaders in building value networks stalled. The Venture Capitalists skimmed profit but have not driven innovation. Start With Definitions. To begin any discussion in this market, the buyer should start with definitions.

Supply Chain Network Software 316

Supply Chain Network Software Manufacturing Procurement Purchasing Skills Procurement Solutions 316

AIMMS

SEPTEMBER 10, 2018

It’s an exciting era for retail as companies continue to focus on creating and providing a great experience for their customers, while driving innovation and market share. online grocer who serves the East Coast and Mid-West, to hear about how he views the role of analytics and technology in driving supply chain innovation at his company.

Sourcing Strategies 156

Sourcing Strategies Prescriptive Analytics Software Analytics Software Supply Chain Software 156

Supply Chain Shaman

JULY 25, 2021

Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). Let’s start with honesty and a focus on process innovation. Lack of Focus on Form & Function of Inventory and Designing Network Flows. Reversing The Trend. And why does it matter?

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

DELMIA Quintiq

MAY 17, 2022

Thanks to constant industry innovation, Integrated Business Planning (IBP) is now also becoming a common topic of conversation. Unfortunately, the definitions of S&OP and IBP are often confusing as they seem to be both distinct and overlapping processes. There’s a clue in the name. Still confused? We’d love to hear your questions.

S&OP 156

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Planning 156

ToolsGroup

APRIL 3, 2023

The industry is definitely back in action after the sluggishness of Covid, and we’re looking forward to seeing retail gain momentum again. This stems from the expansion of the definition of omnichannel. This way, they can prepare inventory to fulfill demand most effectively for that channel before they are hit with spikes in demand.

Inventory Reduction 156

Inventory Reduction Price Reduction Supply Chain Planning Software Forecasting Software 156

Supply Chain Shaman

SEPTEMBER 27, 2021

The secondary problem is the lack of definition of process requirements and a buying team that cannot see past simple MRP/MRP II/DDMRP requirements. The goal for all should start with a clear definition of the term “visibility” and the process definition of what capabilities are required to drive success. What To Do?

Supply Chain Planning Software 309

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 309

Logility

JUNE 28, 2022

a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced it has signed a definitive agreement to acquire Starboard Solutions Corp., a Traverse City, Michigan based innovator of supply chain network design software. ATLANTA (June 28, 2022) – Logility, Inc., About Logility.

Optimal Sourcing 252

Optimal Sourcing Network Optimization Software Logility Supply Chain Network Software 252

Supply Chain Shaman

FEBRUARY 28, 2021

As I look at the financials, I question what the value could be if we got serious about innovation through new forms of analytics. For a gal like me, innovation is painfully slow. Companies are hanging their hats on marketing buzzwords, not innovation. These definitions are cursory discussions of very complex topics within AI.

Supply Chain Planning Software 217

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

ToolsGroup

FEBRUARY 28, 2023

That’s why we eat, sleep, and breathe innovation and never stop looking for ways to help our customers get the most out of their partnership with us and make their supply chains a force for good in the world. It seamlessly self-adjusts to a wide variety of demand behaviors, generating optimal forecasts in uncertain demand scenarios.

Supply and Demand 156

Supply and Demand Supply Chain Planning Software Modeling Demand Planning Software 156

Supply Chain Shaman

JUNE 7, 2018

Definitions: Provocateur. It starts with the lack of a clear definition. Or agreement on the definition of supply chain excellence. Sometimes, even the definition of a supply chain is not clear. Instead of pushing innovation forward, I see companies using the term “digital” as a path for IT spending. I am tired.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 221

Supply Chain Shaman

JULY 22, 2019

In the research, I’m trying to understand the impact of choices—technology, process innovation, and leadership– on balance sheet performance. Companies performing the best have three characteristics: Business Model Innovation. Companies with traditional definitions of marketing and sales struggle to beat the competition.

Supply Chain Design Software 248

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 248

Logility

AUGUST 30, 2016

We try to measure “better-faster-cheaper” by developing indexes based on margin, asset efficiency, inventory turns, supply chain cost as a percentage of sales, or growth. Innovation as Excellence. While better-faster-cheaper is an incremental improvement philosophy, “innovation” changes the game.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Innovation Vendor Strategies Cost Reduction Strategies 100

Logility

AUGUST 30, 2016

We try to measure “better-faster-cheaper” by developing indexes based on margin, asset efficiency, inventory turns, supply chain cost as a percentage of sales, or growth. Innovation as Excellence. While better-faster-cheaper is an incremental improvement philosophy, “innovation” changes the game.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Innovation Vendor Strategies Cost Reduction Strategies 100

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

In a classic literature on innovation, The Innovator’s Solution (ref 1), Clayton Christensen proposes that it is “the absence of conscious, trustworthy theories of cause and effect” that makes success seem random. What are the innovative products where demand is unsure but which have high margin potential?

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Demand Planning Software 130

Supply Chain Shaman

SEPTEMBER 22, 2021

This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). We started the pandemic with twenty-one more days of inventory than we had in 2007. Only 4% of manufacturing companies are innovators and 17% are early adopters.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Supply Chain Shaman

FEBRUARY 14, 2022

Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Deployment of deeper statistical engines for inventory management with a focus on safety stock will improve inventory levels. Industries carried on average 32 days more inventory in 2020 than in 2007.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

APRIL 30, 2020

Together, we need to go to a place that we have never been before in the evolution and innovation of supply chain processes. The companies are just not good at managing inventories and orchestrating distribution strategies. Building sensing capabilities requires partnering with smaller and innovative technologists. For example.

Supply Chain Design Software 349

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 349

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Sustainability is definitely coming of age in Asia. In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supply chain operations, will increase their revenue by 20 percent in 2025. AI and ML will take the supply chain to the next level.

Supply Chain Planning Software 223

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

PINC

AUGUST 3, 2020

With expectations of higher on-shelf availability and lower inventory costs, the pressure on delivery performance has intensified—as has the need for manufacturers, retailers, and carriers to work together to create efficient, reliable, and responsive supply chains. “In The problem is that there is no standard definition for OTIF.

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

Supply Chain Shaman

NOVEMBER 21, 2017

Innovative startups. Artificial Intelligence innovators. This includes the definition of spare part requirements, maintenance outages, and production planning. Drones in warehouses using machine learning for real-time inventory and self-driving vehicles are transforming logistics. Innovators are looking for buyers.

Supply Chain Planning Software 151

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 151

Supply Chain Shaman

AUGUST 12, 2022

He was also unaware of how to measure Forecast Value-Added, the Bullwhip impact and the health of inventory. As he talked, terms like control tower, concurrent and autonomous planning rolled off his tongue without clear definitions. What is the role of the forecast, budget, market data, and inventory in the proposed project?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 195

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

Supply Chain Shaman

DECEMBER 17, 2019

I firmly believe that the movement of IT to report to the CFO has slowed progress in supply chain innovation. As companies become more mature, the definition of location changes moving from a ship-from location to a ship-to-location to be more customer-centric.). This production logic is key to the management of inventory policy.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Supply Chain Strategy 207

QAD

MARCH 14, 2024

Welcome to the latest episode wrap-up of the Auto Supply Chain Prophets podcast, where Jan Griffiths of Gravitas Detroit and I unravel the complexities and unveil the insights driving innovation in the automotive supply chain. ” And in an industry defined by innovation, that’s a lesson worth heeding.

Agile and Lean Supply Chain 80

Agile and Lean Supply Chain Supply Chain Software Vendor Strategies Supply Chain Strategy 80