Unleashed

MAY 7, 2023

With the right systems in place, manufacturing inventory management can help to reduce production and ensure all operational processes are carried out effectively and efficiently. In this guide, we cover the types of manufacturing inventory, the costs, and a few handy strategies for managing it effectively.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Material Savings Inventory 52

Supply Chain Shaman

SEPTEMBER 5, 2022

Business continuity continues to be a risk for many retailers and manufacturers. When it comes to inventory and driving improvement in the face of variability, there are five issues: Poorly Implemented Advanced Planning Solutions. In Table 1, to help the reader, we share the definition of the form and function of inventory.

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 75

Inventory Management Software Inventory Reduction Inventory Management Inventory 75

Enterra Insights

OCTOBER 21, 2021

” With COVID-19 still a problem heading into this year’s holiday shopping season, returns are again going to present a challenge for both online and brick-and-mortar retailers. For instance, unsold goods being sent from a retailer back to a distribution center or the manufacturer would constitute reverse logistics.

Reverse Logistics 130

Reverse Logistics Cost Reduction Strategies Material Savings Manufacturing Procurement 130

QAD

NOVEMBER 10, 2022

It has most definitely impacted how people buy products of all types and in all industries. For example, manufacturers have had to alter business models to be able to accommodate the change in consumer behavior. However, at the same time, the technology of better data management is most definitely helping manufacturers as well.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

ivalua

JUNE 29, 2020

It is also helping to bridge the supply chain management gap that has traditionally existed between healthcare providers and other industries such as manufacturing. According to 2019 Definitive Healthcare data, U.S. Baylor, Scott & White (BSW) presents a great example of achieving digital transformation powered by supply chain.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Enterra Insights

NOVEMBER 15, 2021

”[3] He adds: “ Analyzing the customer lifecycle allows you to better prepare your marketing, sales, and customer service teams to turn one-time purchasers into loyal promoters. Meanwhile, manufacturers have been passing along higher costs to the end consumer, who appears to be taking note and shifting their shopping behavior.”

Purchasing Skills 130

Purchasing Skills Supply Chain Design Software Procurement Solutions Price Reduction 130

ThroughPut

DECEMBER 5, 2023

Let’s start with the definition. Bonus tip – leverage an AI-powered tool to help you get this baseline in minutes. Again, make it easier by deploying a data-driven tool that collects data from the end consumer and includes local market knowledge. AI and ML software help you build a data-driven supply chain.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

Supply Chain Shaman

AUGUST 12, 2020

I struggled to manage myself as I settled in elbow-to-elbow with the group to listen to the presentation. When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. During the presentation, I squirmed uncomfortably in my seat. The reason? The list of winners includes AbbVie Inc.,

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

SCMDOJO

FEBRUARY 29, 2024

They do not relate to any overall company procurement goals and objectives. Figure 1: SPM Project Stages (Gordon Sherry R, 2008) This organization has created a Procurement Steering Committee with management participation to leverage procurement as a tool to improve business performance.

Vendor Strategies 56

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 56

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Supply Chain Shaman

APRIL 15, 2015

Yesterday, I presented to 700 global attendees on an APICS webinar. In the presentation, I shared data on the evolution of supply chain planning and the results on user satisfaction. Neither technology vendor is an industry leader in delivering a solution that fits the needs of the supply chain planner. The results confound me.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150

Supply Chain Shaman

AUGUST 16, 2015

Infor–a market consolidator of enterprise software–currently has revenues of $2.8 In the period of 2002-present, the company acquired/aggregated many applications. On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. Our Rating: 5/5 2. Our Rating: 5/5 4.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

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. One such capability is the application of algorithmic optimization in the areas of demand, inventory, supply, manufacturing, and transportation planning.

Supply Chain Planning Software 114

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 114

ThroughPut

MARCH 25, 2024

Our 2024 guide provides supply chain managers and planners with the latest tools and insights to refine their demand forecasting processes. Let’s get started with definitions, differences and benefits. This analysis can be performed using various statistical tools and models designed to make sense of large datasets.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Supply Chain Shaman

OCTOBER 29, 2014

Even though things seem to be going well (all of the meeting details are well-executed and the speaker is giving an energized presentation), the room is eerily quiet. Here are the three questions that I would like people to ask: Table 1: Comparison of Results for Best of Breed Solution Providers to ERP Expansionists in Supply Chain Planning.

Supply Chain Planning Software 317

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 317

Supply Chain Shaman

OCTOBER 8, 2019

The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” The two primary buffers in the supply chain are manufacturing capacity and inventory. It has been awhile.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

Supply Chain Game Changer

APRIL 11, 2019

Here’s how eCommerce fulfillment works: You purchase or manufacture products to sell online. The fulfillment center pulls the order from your pre-purchased inventory. Here’s how drop shipping works: You place items from a manufacturer in your online store. When you receive an order, you relay it to the manufacturer.

Resource Reduction 53

Resource Reduction Resources Material Savings Inventory Management Software 53

Enterra Insights

JANUARY 31, 2023

The exact percentage of grocery sales coming from e-commerce depends on the source and method of analysis, as well as whether the researcher includes non-consumable items in its category definition.” The post The Future of Omnichannel Grocery first appeared on Enterra Solutions. growth in 2020. The company pegs the U.S.

Omnichannel 130

Omnichannel Predictive Analytics Software Price Reduction Inventory Reduction 130

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 78

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 78

Supply Chain Game Changer

AUGUST 29, 2019

A ghost asset is any asset that meets two conditions: It’s no longer present, working or otherwise usable. These assets are clearly physically present, but unrecorded in accounting or inventory systems. They present their own set of hazards and, like ghost assets, are highly undesirable. What Causes Ghost Assets?

Inventory Reduction 65

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Design Software 65

Taulia

OCTOBER 20, 2021

This encompasses sourcing raw materials from suppliers, the movement of materials through the relevant manufacturing operations, and the distribution of finished goods to consumers. But with an automated cash flow forecasting solution , you can gain a clearer view of future cash positions much more easily. Inventory management.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

Supply Chain Shaman

OCTOBER 11, 2012

” CFO of a major manufacturer. Procter & Gamble and Kimberly Clark); but for most companies that I have worked with, I see that they have purchased and implemented inventory technologies, but there has not been an impact on future years results in either Days of Inventory or Days of Working Capital. I am a skeptic.

Inventory Reduction 247

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 247

Supply Chain Shaman

JULY 29, 2013

Last week in the middle of a presentation, a supply chain leader made the statement, “We have solved the issues in supply through better optimization and use of data. ” Or run the statement by any software provider, and they will share that their solutions delivered these “best practices.”

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 290

Supply Chain Shaman

FEBRUARY 10, 2017

They were very proud of their work in planning with a number of pharmaceutical manufacturers. So my question to the presenter was, “Why waste your time trying to improve a traditional demand planning approach when you could do so much more?” The barrier for all is traditional thinking. Let me share a story. My reaction?

Supply and Demand 165

Supply and Demand Supply Chain Planning Software Inventory Reduction Supply Chain Design Software 165

Operations and Supply Chain Management

FEBRUARY 28, 2024

Brick-and-mortar stores also allow shoppers to return unwanted purchases. Dale Rogers, a business professor at Arizona State, gave a presentation with his son Zachary Rogers, a business professor at Colorado State, during which they said that winter-holiday returns in the United States are now worth more than $300 billion a year.

Reverse Logistics 75

Reverse Logistics Purchasing Skills Logistics Network Optimization Software Eliminating Excel in Purchasing 75

Jaggaer

JANUARY 28, 2020

His 45-minute presentation outlined the crucial functions of a supplier management approach and the advantages of managing suppliers well which generated a few insightful questions from our audience. . A: This trend definitely doesn’t only apply to direct spend categories. This is great news for the procurement function!

Negotiate Pricing 59

Negotiate Pricing Negotiating Skills Purchasing Skills Manufacturing Procurement 59

Supply Chain Opz

JUNE 1, 2014

In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented. Manufacturing systems and regulatory compliance are considered to be very complex, coupled with the limited number suppliers due to the high barriers to entry.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Xeeva

MAY 3, 2018

Last week a mix of supply chain professionals were brought together in Boston to learn about digital trends affecting manufacturing and gain insights into why development, digitization, and innovation are important. During Dilip’s presentation, he shared how organizations can (and should) prepare for changing tech. Change can be scary.

Manufacturing Procurement 41

Manufacturing Procurement Data Procurement Solutions Predictive Analytics Software 41

KEPLER Consulting

DECEMBER 11, 2019

Non-updated product sheets in ERP (purchase price, MOQ, Incoterm,…) resulting in non-compliant supplier orders . This approach impairs flexibility to cope with the hazards of the various downstream systems (production tool, customer demand, etc.). A frequent worst practice that makes the supply process more difficult.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Material Savings Inventory Reduction 52

Supply Chain Opz

OCTOBER 5, 2016

To help you become successful, we have put together 50 online resources that you will definitely find helpful. Understand online consumer behavior via Think With Google Google has provided lots of data for you to understand what, when, why and how customers make online purchase via the interactive data. Resource: ArcGIS Open Data 5.

Resource Reduction 124

Resource Reduction Resources Supply Chain Planning Software Supply Chain Software 124

Talking Logistics

DECEMBER 16, 2015

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. So, with darts in hand, here are my supply chain and logistics predictions for 2016: The Transportation Management System (TMS) market will become more barbell-shaped as Software-as-a-Self-Service solutions emerge.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

BlueYonder

SEPTEMBER 12, 2022

As the proliferation of automated supply chain solutions has become more commonplace, this rather simple calculation has also been the basis for most order management systems (OMS) on the market today. These solutions are able to feed into inventory data to reveal whether items are available. Visibility and Connectivity.

Procurement Analytics 52

Procurement Analytics Real-time Visibility Modeling Just-in-Time 52

Logility

AUGUST 24, 2022

ATLANTA (August 24, 2022) American Software, Inc. million for the same period last year, and software license revenues were $0.3 Sears Manufacturing Co., Logility announced it has signed a definitive agreement to acquire Starboard Solutions Corp., million and purchased Starboard Solutions Corp.,

Network Design Software 130

Network Design Software Supply Chain Design Software Supply Chain Planning Software Network Optimization Software 130

Supply Chain Shaman

APRIL 7, 2016

In this post my goal is to help companies build outside-in processes through a clearer definition. On Monday, I would speak in Orlando Florida at the Terra Technology event; and on Wednesday, present the keynote at the Logistic Summit & Expo in Mexico City. I am a manufacturing gal by training. Reflection. Bio-engineering?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Vinculum

MAY 17, 2020

Production and Manufacturing Shut Down. Almost all industries, be it fashion, communication, logistics, have encountered the brunt of this global pandemic, especially, the manufacturing, and production-based industries. That being said, it’s not really true that customers are completely unwilling to purchase the non-essential items.

Omnichannel 52

Omnichannel Inventory Reduction Retail Cost Reduction Strategies 52