Supply Chain Shaman

DECEMBER 17, 2019

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.). While integration moves data from point A to point B while data synchronization adds policies (and rules) to align supply chain execution to business strategy. Demand Consumption.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Supply Chain Strategy 209

Supply Chain Trend

OCTOBER 20, 2022

Often within pre-defined and aligned cross functional policies as facilitated by an IBP manager / S&OE manager. It has been defined by Gartner as a top strategic technology trend with the following definition. If the decision policies are defined between functions, these can be digitized and automated in many occasions.

Supply Chain Software 109

Supply Chain Software S&OP Material Savings Gartner 109

Supply Chain Shaman

OCTOBER 11, 2012

This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. I think that it is time for us to take the litmus test and ask the hard questions, “Have our practices impacted days of inventory? I want to believe.

Inventory Reduction 245

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 245

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Company 98

Supply Chain Shaman

JUNE 29, 2022

The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. We can no longer assume that government policy is rational, variability is low or logistics are available. These core assumptions are no longer true. This reset is not an evolution.

Supply Chain Design Software 251

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 251

Supply Chain Shaman

OCTOBER 26, 2016

We started the morning by asking attendees to share their definition of a customer-centric supply chain. I slowly wrote the definitions on the white board. At the end of the sharing, I had as many definitions on the board as people in the room. The only thing that was clear was the lack of definition clarity.

Supply Chain Strategy 150

Supply Chain Strategy Cost Reduction Strategies Inventory Reduction Supply and Demand 150

Supply Chain Shaman

FEBRUARY 28, 2021

For example, Vendor Managed Inventory (VMI) systems, a useful stream of customer data, do not connect to planning. Success happens when the right question is aligned to the right analytical technique with a clear definition of what makes a better decision. These definitions are cursory discussions of very complex topics within AI.

Supply Chain Planning Software 359

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

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Pushing the Supply Chain Reset Button by Lora Cecere , Founder, Supply Chain Insights Supply Chain Leaders Can’t Afford to Guess About the Future The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. These core assumptions are no longer true.

Supply Chain Design Software 130

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

Supply Chain Shaman

AUGUST 14, 2016

Starting With Definitions. To help, I wrote a few definitions on the board: Demand-Driven Processes. A Demand-Driven Value Network as defined by AMR Research in 2007: A network that senses demand with minimal latency to drive a near real-time response to shape and translate demand. Definition of Outside-In Processes.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Supply Chain Shaman

MARCH 9, 2020

With the downturn in the financial markets, the looming recession, and the fundamental shifts in demand—less travel and stay at home work policies—demand is changing. By definition, in the current state, supply chain planners work in a lose/lose environment. While good news travels quickly in an organization, bad news travels slowly.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

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 Game Changer

APRIL 11, 2019

There are four basic components of the e-fulfillment process: ECommerce store and fulfillment center integration Receiving and inventory management Order fulfillment Returns processing. Receiving and Inventory Management. Then, those pallets get logged into inventory and placed on shelves, ready to fill your orders.

Resource Reduction 53

Resource Reduction Resources Material Savings Inventory Management Software 53

SCMDOJO

DECEMBER 11, 2023

From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance. This clarity is vital for assessing compliance with internal policies, industry regulations, and ethical standards.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

20Cube Logistics

JANUARY 27, 2022

This growth is accredited to the economic expansion and policy changes in countries like India. Owing to the market policies of the Asian countries, the region has seen a lighter impact of inflation than the rest of the world in the last couple of years. International Travel Policies. Disinflation.

Manufacturing Procurement 83

Manufacturing Procurement Asia Currency Policies 83

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

Enterra Insights

OCTOBER 21, 2021

Customer returns also fit this definition and make up a large percentage of reverse logistics concerns that retailers and logistics organizations handle. Because the digital path to purchase can easily be abandoned, retailers understand that a good returns policy can be a competitive differentiator. Returns Policy. ”[3].

Reverse Logistics 130

Reverse Logistics Cost Reduction Strategies Material Savings Manufacturing Procurement 130

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. I pulled up my covers to go to sleep four hours later. My question is, “Why?”

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Supply Chain Shaman

FEBRUARY 28, 2021

For example, Vendor Managed Inventory (VMI) systems, a useful stream of customer data, do not connect to planning. Success happens when the right question is aligned to the right analytical technique with a clear definition of what makes a better decision. 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

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

SEPTEMBER 10, 2020

The briefings are full of terms like demand sensing, control tower concepts, digital transformation, and cognitive computing, but when I ask for definitions, the answers are not forthcoming. Let’s start with some definitions: Planning. Mind-numbing…). In short, now is not the time for a RFP. Decision Support.

Supply Chain Planning Software 395

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 395

RFgen

DECEMBER 6, 2018

Given so many options to choose from, IT managers and administrators carefully must weigh the pros and cons of each strategic decision in their enterprise mobility management (EMM) policies before jumping into an enterprise mobility solution. The post Hardware 101: A Definitive Crash Course in Enterprise Mobility appeared first on RFgen.

Supply Chain Design Software 52

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

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

SCMDOJO

DECEMBER 18, 2023

Ensuring Timely Repairs: Having a well-managed inventory of spare parts ensures quick and timely repairs. Improving Employee Productivity: A well-managed spare parts inventory ensures that employees can swiftly access the components they need. Let’s explore the key strategies to ensure your maintenance operations run smoothly.

Inventory Reduction 63

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 63

Supply Chain Shaman

MAY 17, 2015

There is a need to plan for the future when there is a lack of definition in items, markets and policies. ERP, by definition, does not support planning where uncertainty and volatility is high. The first challenge, is to define a job position and process for inventory management. Figure 5: Inventory Ownership.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Supply Chain Software 150

Supply Chain Shaman

JULY 19, 2015

Benchmarking is a measurement of the quality of an organization’s policies, products, programs or strategies against standard measurements. Let’s start with a definition. A common definition is essential. With the lack of industry standard definition, self-reporting is not very useful. Business Dictionary.com.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

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

The Supply Chainer Report

FEBRUARY 5, 2022

Economic uncertainty led by pandemic, war threats, and sloppy central bank monetary policies; All these have completely destroyed companies forecasts. 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%.

Innovation 52

Innovation Material Savings Inventory Reduction Cost Reduction Strategies 52

The Smart Software

DECEMBER 18, 2023

While there are several definitions of digital twin, here’s one that works well: A digital twin is a dynamic virtual copy of a physical asset, process, system, or environment that looks like and behaves identically to its real-world counterpart. Those of you who track hot topics will be familiar with the term “digital twin.”

Predictive Analytics Software 83

Predictive Analytics Software Supply Chain Planning Software Analytics Software Demand Planning Software 83

Supply Chain Shaman

JUNE 19, 2013

It comes in many flavors–increase in inventory, changes in sales policies, new product lines– all add to the complexity. The only industry that has made progress in inventory management is consumer electronics. 2) Definition of Supply Chain as a Function versus a Way of Doing Business.

Forecasting 268

Forecasting Supply Chain Planning Software Agile and Lean Supply Chain Forecasting Software 268

Supply Chain Shaman

MAY 7, 2015

While companies believe that there is opportunity to building an end-to-end strategy, there is no standard definition. I advocate a portfolio of growth, EBITDA or operating margin, inventory turns, on-time and in-full shipments, and Return on Invested Capital (ROIC). It requires leadership and alignment, and clear definition of goals.

Sourcing Strategies 150

Sourcing Strategies Resource Reduction Optimal Sourcing Cost Reduction Strategies 150

EMERGE App

AUGUST 5, 2018

What is Inventory Management? Inventory management, in a nutshell, describes your efforts to manage, assess and report on the flow of your stock of goods. You might be using pencil-and-paper, spreadsheets or sophisticated inventory management software to do this. Two Essential Features of Inventory Management Today.

Inventory Management Software 45

Inventory Management Software Inventory Management Inventory Reduction Inventory 45

Supply Chain Matters

JULY 25, 2022

Our belief was that the year 2021 provided companies as well as government policy makers considerable painful evidence to the inherent vulnerabilities of globally extended and highly complex supply chains and of the needs among businesses to be able to better respond to major product demand and supply shocks. Additional Thoughts.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Enterra Insights

JUNE 25, 2021

Kearney’s Consumer Products and Retail Practice, asserts, “Retailers need to review forecasts and inventory commitments for Holiday 2021 which could be a blockbuster. Salter observes, “We know that an increasing number of customers won’t purchase from a retailer if they don’t like the look of their returns policy.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 130

Supply Chain Insights

JUNE 1, 2017

When asked what stage in the end-to-end supply chain process maturity they were in, most people in the course said their companies were good at transactional efficiency, and were currently focused on data sharing, moving to policy development (see Figure 1). For example, inventory turns are plotted with operating margin (see Figure 2).

Supply Chain Strategy 161

Supply Chain Strategy Supply Chain Software Price Mitigation Strategies Supply Chain 161

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.” Use channel data and orchestrate supply chain policy to improve outcomes. An order is not an order.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

Supply Chain Opz

MAY 1, 2018

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. This logistics book covers 3 aspects of transportation, namely, transportation policy, modes of transportation and transportation planning and execution.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Logistics Material Savings 100

Supply Chain Shaman

JUNE 6, 2013

For clarity, the definitions are: -Strategic Planning: The frequency is either monthly or quarterly and the focus is on long-term planning. Technology applications in this space include demand planning, tactical supply planning, procurement planning, multi-tier inventory optimization and Sales and Operations Planning (S&OP).

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 278