Supply Chain Shaman

APRIL 16, 2024

The article introduced the concept of self-service planning and challenged companies to rethink the concepts of supply chain planning. Supply Chain Insights Training, 2024 The Opportunity Based on my research, I believe there is an opportunity to reduce the number of planning roles by 80-85%. Faster and Better Engines.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 219

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. Managing finished goods and tracking the costs associated with each of them are essential aspects of manufacturing accounting and stock control. What are finished goods inventory?

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

Supply Chain Shaman

JUNE 30, 2023

As a supply chain leader, he is struggling how to dance in the ring of fire. The ring of fire is corporate politics at the executive level on supply chain performance. Each executive has a different perspective on the definition of supply chain excellence, but they are never discussed and aligned.

Supply Chain Planning Software 314

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 314

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. With a simple calculation, you can understand what it costs to store and maintain goods. What is inventory carrying cost?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Supply Chain Shaman

JULY 25, 2021

As a guest writer for Forbes, public relations firms constantly pepper me with requests to speak to technologists boasting of having answers to improve supply chain resilience. I strongly believe that historical supply chain practices are not the answer. They need to evolve to help today’s supply chain business leader.

Procurement Analytics 370

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

Unleashed

JUNE 1, 2023

At a certain point, manual inventory management becomes no longer feasible. In this article, we explore a popular solution: the perpetual inventory system. Perpetual inventory systems begin with a physical inventory count that is then recorded electronically.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Optimization Software 52

Supply Chain Shaman

JUNE 21, 2023

Before you react, here are some definitions. Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of Supply Chain Leadership? Designed to lift the profession and celebrate supply chain results, I struggle to find that the methodology supports either objective.

Gartner 351

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 351

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. What’s the difference?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Silvon Software

MARCH 3, 2023

A Few Important KPIs for Tracking S&OP Performance As a long-time provider of business intelligence applications for manufacturing and distribution businesses, Silvon has played a key role in helping our clients define and implement performance metrics that align their S&OP initiatives with their corporate goals. logistics firms).

S&OP 111

S&OP Procurement Analytics Supply and Demand Analytics Software 111

Unleashed

MAY 1, 2023

An inventory control chart is an immensely helpful tool for demand forecasting and inventory management. What is an inventory control chart? An inventory control chart, also known as a stock control chart, is a visual diagram that reflects the minimum and maximum stock levels of a business over time.

Inventory Reduction 52

Inventory Reduction Examples Inventory Inventory Management Software 52

QAD

JUNE 25, 2019

The effective use of a manufacturer’s inventory investment is an important determinant of the company’s success. Excess and obsolete inventory is a drain on resources, as is excessive safety stock. Managing an Inventory Investment. Managing an Inventory Investment. Using Metrics to Measure the Health of the Business.

Procurement Analytics 103

Procurement Analytics Metrics Inventory Reduction Inventory 103

Silvon Software

SEPTEMBER 26, 2023

For additional KPI concepts and best practices, we welcome you to download Silvon’s Definitive Guide to KPIs. For additional concepts and best practices related to KPIs, feel free download Silvon’s Definitive Guide to KPIs.

Procurement Analytics 101

Procurement Analytics Optimal Sourcing Manufacturing Procurement Inventory Reduction 101

Logistics Viewpoints

JULY 6, 2022

As a supply chain analyst and an economics enthusiast, I was curious to learn more. I did a little digging to find out the specifics about excess inventory, the stated causes, and the potential implications. Retailers’ Inventories – Just Keep your Returns? This talk of deflation caught me off guard.

Inventory Reduction 257

Inventory Reduction Inventory Retail Purchasing Skills 257

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008. Measure it.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

SEPTEMBER 10, 2023

These questions are top of mind as I wrap up a class of 154 individuals learning the principles of outside-in supply chain planning processes. The continuation of the belief in the definition of today’s supply chain planning is a tangled web that we weave that is a bit of a mess. Why does it matter?

Supply Chain Planning Software 256

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 256

Supply Chain Shaman

SEPTEMBER 10, 2020

For the first in seven years, I was not heads-down preparing for The Supply Chain Insights Global Summit. Pre-pandemic only 30% of supply chain leaders were satisfied with their supply chains, and during the pandemic, business leader satisfaction is falling precipitously. Rising Complexity. What To Do?

Supply Chain Planning Software 399

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 399

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Supply Chain Shaman

MAY 26, 2023

The basic frame of supply chain planning–functional taxonomies for optimization on a relational database–must be redesigned before supply chain leaders can reap the benefit of deep learning, neural networks, and evolving forms of Artificial Intelligence (AI). Let’s start with a basic definition.

Optimal Sourcing 337

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 337

Logility

AUGUST 7, 2017

Wait, it’s not spring; but does that mean you have to wait another eight months to review your supply chain? Often, it becomes necessary to reevaluate how supply chain performance is measured to ensure healthy operations. Ask yourself, “Are your supply chain metrics bogging you down?”

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

Elementum

JUNE 30, 2022

Welcome to Elementum’s Supply Chain Market Report. This monthly newsletter observes one or two important macro trends through the lens of Supply Chain Management. We review how those trends are likely to impact Supply Chain and what leaders can do to adjust. How could Stagflation impact Supply Chain?

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

Supply Chain Shaman

SEPTEMBER 22, 2021

Recently, I hosted the Supply Chain Insights Global Summit. At the end of the presentation, I asked Allyson her perspective on open source analytics. My question was, ” Would the world of Python, R, and NoSQL offer for an improved modeling environment with a digital twin deployment. ” Her answer was telling.

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

Unleashed

AUGUST 20, 2023

Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. There are many definitions for lead time in supply chain management. Let’s dive in.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

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. Why have we not improved our use of channel data in supply chain processes? The decline in inventory turns uses cash.

Supply Chain Design Software 195

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

Supply Chain Shaman

JUNE 23, 2020

I share insights, based on research, for the supply chain leader. I write for this blog, craft reports from research for our newsletters, create blogs for Linkedin, and build articles for Forbes. The autonomous supply chain is a vision, but it is not today’s reality. Stay tuned. Stay tuned. Background.

Supply Chain Design Software 287

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 287

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. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. He felt strongly that supply chain leaders knew how to drive supply chain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches.

Gartner 197

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

Logility

JANUARY 26, 2017

I would take this a step further and say you can't know whether or not you are successful unless you have also defined what success is and track against that definition. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). One Size Does Not Fit All.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. However, when Gartner bought AMR Research, and I left in the transition(because I don’t believe in the Gartner methodology), I launched a new methodology named the Supply Chains to Admire. The reason?

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

ToolsGroup

SEPTEMBER 22, 2020

Supply chain practitioners know trends like product line proliferation, shorter product life cycles, increased complexity, massive amounts of data and ever more demanding and unpredictable customers are accelerating. When social media product promotions overwhelm supply chains. retail stores.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

Unleashed

APRIL 4, 2023

Machine learning is changing nearly every aspect of the supply chain and how we deliver goods to customers. In this article, we explore the potential of machine learning in supply chain management and the different types and uses of the technology. How is machine learning used in supply chain management?

Case Study 52

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

NC State SCRC

APRIL 2, 2023

1] The definition, structure and scope of an SSC generally are formed first within the enterprise. Services that can be shared among the various business units of a company include finance, purchasing, inventory, payroll, hiring, and information technology. There is a tight scope of work and tight work rules.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

EMERGE App

DECEMBER 25, 2023

These challenges encompass Purchasing, Production Planning, Sales-Distribution, Inventory Management, Warehousing Management, Human Resource Management (HRM), and Finance. The importance of Inventory management in business Inventory management holds immense importance in business operations.

Inventory Management Software 52

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

Supply Chain Shaman

OCTOBER 8, 2019

After the Supply Chain Insights Global Summit , I took the time to recharge and took a month off from writing. The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The focus is on the role of supply chain finance in driving supply chain excellence.

Supply Chain Design Software 186

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 186

Unleashed

APRIL 21, 2024

This guide breaks down the order processing steps and definition, and then explores a few helpful strategies for improving it. The first step in a standard order processing system is the verification of a customer order which often includes a check to confirm there is sufficient inventory available to fulfil the order.

Inventory Management Software 52

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

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105