Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. This article breaks down how finished goods are calculated and some key inventory management methods for tracking them as they move through your business. What are finished goods inventory?

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

Supply Chain Shaman

SEPTEMBER 5, 2022

Thirty-one months of supply chain disruption. The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. While many old-fashioned supply chain leaders speak of Risk Management and the need for Control Towers.

Supply Chain Planning Software 235

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

Supply Chain Shaman

MARCH 21, 2024

Supply Chain Planners Analogous to Secretarial Pools? In my forty years of studying supply chain planning, the groups became larger, but with questionable results. We sidestep vacuous terms like digital supply chain and attempt to measure and redefine flows based the redefinition of planning. The So What?

Inventory Reduction 389

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 389

Supply Chain Shaman

JANUARY 8, 2024

This weekend, I edited the Supply Chains to Admire report. 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.

Supply Chain Design Software 235

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

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 312

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 312

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 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

Supply Chain Shaman

MARCH 5, 2019

What is an easy definition? In my interactions with supply chain teams, I find that this type of decision process happens frequently. There is no class of technologies, or common definition, for “control towers.” The focus is on functional metrics, but are unable to get to overall supply chain metrics.

Supply Chain Design Software 282

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 282

Supply Chain Shaman

FEBRUARY 16, 2024

Let’s Start With Clear Definitions My inbox is full. The market is flooded with references to AI, but few stop to give a definition. To combat the hype cycle to drive value, I think that we need to get clear on use cases and definitions. We have this today in most supply chain planning solutions.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 374

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. What is inventory carrying cost? Why is inventory carrying cost important?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

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 Opz

JULY 1, 2014

What is the definition of supply chain management? Because, each professional organization has its own version of the definition. 1) It''s a network Many companies have the department that controls various activities within the supply chain. Let''s check out what value chain really is.

Cost Reduction Strategies 271

Cost Reduction Strategies Vendor Strategies Inventory Reduction Supply Chain Strategy 271

SCMDOJO

DECEMBER 14, 2023

To make things simpler, having a clear lead time definition helps in making sure orders are fulfilled on time and customers are satisfied. With this in mind, we will explore in this blog the definition of Lead Time, its impact, and how mastering it can be your competitive advantage.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

Supply Chain Shaman

OCTOBER 16, 2023

Let me start by saying that t he process is not a panacea to solve all supply chain ills. Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver.

S&OP 321

S&OP Supply and Demand Forecasting Supply Chain Design Software 321

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

Supply Chain Shaman

FEBRUARY 26, 2024

Shown in Figure 1 is the definition of the layers of outside-in planning. The layers of the outside-in process surround the traditional supply chain planning applications shown in blue. It might seem unlikely, but the American Red Cross is a leader in defining a market-driven supply chain using outside-in signals.

Modeling 206

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 206

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. Inventory turnover is expressed as a financial ratio.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

EMERGE App

DECEMBER 19, 2023

Inventory management is a tough task, especially when you’re starting out. There are lots of inventory management books available which can help you understand basics, but I am here with the list of best books in the market. Best Inventory Management Books of All Time: 1.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

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

JUNE 29, 2021

Each year, we compile a list of top-performing Supply Chains, termed the Supply Chains to Admire. This week, while all my friends are on vacation, I am writing the final report for the Supply Chains to Admire. Our goal is to continually redefine the definition of supply chain excellence.

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 369

Supply Chain Shaman

APRIL 9, 2021

We stubbed our toe in supply chain management at the beginning of the decade. Facing The Issues of Supply Chain Performance. As I work through this year’s Supply Chains to Admire , I cannot help but shake my head. The black veil of the pandemic is a supply chain wake-up call to build better.

Supply Chain Planning Software 357

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

Supply Chain Shaman

FEBRUARY 1, 2024

While consultants know the answers (or believe they do), I believe my goal as a research analyst is to unearth new questions that should be asked (and answered together openly in the supply chain community) to improve value. Definitions Before we move to the discussion of the actions to take, let’s get clear on some definitions.

Supply Chain Planning Software 330

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 330

Supply Chain Opz

JULY 1, 2014

What is the definition of supply chain management? Because, each professional organization has its own version of the definition. 1) It''s a network Many companies have the department that controls various activities within the supply chain. Let''s check out what value chain really is.

Cost Reduction Strategies 214

Cost Reduction Strategies Vendor Strategies Inventory Reduction Supply Chain Strategy 214

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 251

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 251

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. The impact varies by supply chain sector and value chain. Instead, supply chain leaders need to focus on the minimization of waste, and the alignment of signals.

Supply Chain Design Software 251

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

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 395

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

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 217

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 217

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.

Supply Chain Design Software 130

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

Talking Logistics

SEPTEMBER 26, 2022

I have long argued that companies need to expand their definition of supply chain visibility. It goes well beyond tracking shipments, orders, inventory, and assets in motion. Another Supply Chain Visibility Blind Spot). Read more Who Is Actually Hauling Your Freight?

Supply Chain Visibility 144

Supply Chain Visibility Freight Supply Chain Supply and Demand 144

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. The Sam’s Club and Costco shortages of water, toilet paper and laundry products signals one thing for me: the spread of the virus will disrupt every supply chain. The problem?

Supply Chain Design Software 297

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

SCMDOJO

MARCH 19, 2024

This is where the Life Cycle Inventory (LCI) comes into play. In this article, we dive deep into the world of Life Cycle Inventory, exploring its significance, methodology, and applications. What is the Life Cycle Inventory (LCI)? It includes determining the purpose of the study, the system boundaries (i.e.,

Inventory Reduction 84

Inventory Reduction Analysis Material Savings Optimal Sourcing 84

Supply Chain Shaman

OCTOBER 11, 2023

Definition Anomaly: something that deviates from what is standard, normal, or expected. Definition As I follow the evolution of supply chain technology, I am struck by what I see as a stream of paradox and anomaly, and the tendency of supply chain leaders to cling to convention. Art of the Possible.

Supply Chain Planning Software 379

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 379

Supply Chain Shaman

JANUARY 2, 2024

As I wrote, I reflected on the Generative AI hype cycle in the supply chain market and the contribution to noise. I questioned in this time of uncertainty if supply chain leaders will value data-driven content. Conventional wisdom centers on the use of enterprise data to make the supply chain more efficient.

Gartner 275

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 275

Supply Chain Shaman

MARCH 27, 2023

My goal is to engage the supply chain community in a no smoke and mirrors discussion. My observation is that the supply chain community perpetuates a number of myths about planning. This post is a reflection from twenty years as an analyst in supply chain planning. What is supply chain excellence?

Supply Chain Planning Software 308

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 308

DELMIA Quintiq

AUGUST 31, 2022

In this blog series, I’ll take a look at the current state and future evolution that can be expected within the world of supply chain planning software through the lens of Dassault Systèmes DELMIA. What is supply chain planning? Why do manufacturers need an effective supply chain plan?

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 156

Supply Chain Shaman

OCTOBER 4, 2018

The cheese on the puffs stains my hands like I feel that mis-guided past practices have indelibly colored supply chain practices. At the session, we discussed why companies have not made more progress on inventory management. Days of Inventory Pre and Post-Recession. IT View of the Current State of Inventory.

Inventory Management Software 262

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 262

Supply Chain Shaman

JULY 22, 2019

I feel that topic of supply chain management is analogous to the downward cycle of the news channels. What Drives Supply Chain Excellence? I analyze supply chain management. Companies with traditional definitions of marketing and sales struggle to beat the competition. Writing the News. Leadership.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 250

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