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. Attempting to Get Perfect on Imperfect Data.

Supply Chain Planning Software 379

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

Unleashed

AUGUST 14, 2023

It helps to ensure the resources necessary for producing your goods are being managed efficiently, and that you’re meeting the essential quality and quantity expectations. Here you are monitoring the production process to ensure that it follows the plan and meets the objectives of the plan.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Predictive Analytics Software Modeling Software 52

Unleashed

FEBRUARY 12, 2024

Shortage costs: Also known as stockout costs or stock shortage costs, shortage costs are the expenses and negative consequences that occur when a business runs out of inventory or fails to meet customer demand due to insufficient stock levels. The company rents warehouse space to store its inventory of electronic items.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

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. We have outlined some of these upsides and downsides below.

Price Reduction 52

Price Reduction Cost Reduction Strategies Expense Reduction Inventory Reduction 52

Unleashed

AUGUST 20, 2023

There are many definitions for lead time in supply chain management. Generic lead time formula: Process Completed Date – Process Started Date = Lead Time Types of lead time in supply chain Supply chain management is the collaborative effort of dozens of processes working to meet customer demand for products.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Unleashed

JULY 25, 2023

However, ensuring you have sufficient inventory to meet sales demand is better than having to scale down inventory because your business sales have slowed. The cause of either a high or a low inventory turnover rate may also denote problems with your current sales and marketing strategy. Read more: What is demand planning?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Supply Chain Shaman

OCTOBER 16, 2023

Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. There is a clear definition of the role of the supply chain in the delivery of value. Definition and alignment on why should make a decision and what a good decision looks like. Drives Value. S&OP is a business process.

S&OP 321

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

Supply Chain Shaman

NOVEMBER 20, 2020

Often bringing his own patient data to the meeting, he sparked friction. Joe would comment that it is easier to guide patient care because of clearer definitions of success than to lead a supply chain team when the definitions of supply chain excellence are muddy. Data Wrangling. I will miss you so.

Supply Chain Planning Software 350

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Data 350

DELMIA Quintiq

AUGUST 31, 2022

Before I get into the software itself, it is useful to start with something of a definition of the supply chain management process itself prior to moving on to the solutions that support it. A compact definition is especially useful in this case, as supply chain planning software comes in so many guises and has so many functions.

Supply Chain Planning Software 156

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

Jaggaer

FEBRUARY 4, 2020

With 2020 well and truly begun, the timely question of whether you’ve had you had your annual supplier meetings yet, or not, springs to mind. And if your answer is ,”Definitely! See a supplier meeting as an opportunity. The post Forgotten About This in Your Annual Supplier Meetings? Or should there be more to it?

Negotiate Pricing 65

Negotiate Pricing Negotiating Skills Meeting Price Reduction 65

BlueYonder

MAY 20, 2020

That’s a much longer-term play, of course, but the needle is definitely moving in the right direction. Earlier in my career I’d say that mentoring definitely happened in a more informal and vicarious way – I was a keen observer of how other people behaved and learned a lot that way. The inspiration for boom! was sparked by two things.

Meeting 56

Meeting Gartner Supply Chain Planning Software Supply Chain Software 56

Supply Chain Shaman

FEBRUARY 1, 2024

Peeling Back the Lid on Supply Chain World Salad In this world, where board discussions focus on eliminating waste and meeting corporate social responsibility goals, supply chain teams respond with projects like end-to-end planning, control towers, and real-time decisions. I find few realize the irony. Blackhole Automation.

Supply Chain Planning Software 330

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 330

Unleashed

APRIL 4, 2023

This can be used, for example, when there is an unexpected upswing in demand for a certain product and you will need to respond by ordering more materials from your suppliers to meet the surge. However, you will need to understand the unexpected shift and know how to respond.

Case Study 52

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

Supply Chain Shaman

JANUARY 29, 2018

To meet the business goals, Ajay’s team began with a thorough process review of the existing planning procedures and systems, followed by the implementation of an advanced planning system that integrated all the major planning workflows of a manufacturing company. The Project. Thanks, Ajay! Great advice for others.

Supply Chain Planning Software 0

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 0

Supply Chain Shaman

JANUARY 2, 2024

Few companies are clear on the definition of supply chain excellence and what makes a good plan. The blue in Table 4 highlights underperformance, while the yellow highlights mark the companies meeting the criteria for both analyses. Many sales teams promise high returns, but there is no sensing in technologies to drive performance.

Gartner 275

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

Supply Chain Shaman

MARCH 9, 2021

Team play requires clear rule-definition, timekeepers, referees, and coaches. The root issue is the lack of a clear definition of supply chain excellence and the road rules by organizations. ” My reply is a tangled web of realizations, but let’s start with the definition and then explore the issues.

Supply Chain Design Software 216

Supply Chain Design Software Supply Chain Design Supply Chain Software Innovation 216

Supply Chain Shaman

OCTOBER 19, 2022

Definition of Time Horizons. In contrast, the real value of planning is meeting business-critical targets/KPIs. So the next time that someone in a meeting asks for real-time planning stop the discussion and get clear on definitions. While as shown in Figure 2, we offer recent research results. Organizational Alignment.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Real-time Visibility 195

Supply Chain Shaman

MARCH 21, 2023

The traditional efficiency model, embraced by most organizations as the definition of supply chain excellence, focuses on the reduction of labor costs. Changes in Inventory Year-end inventory values by industry from Y Charts. Retrospective Why do we have issues managing inventory today? The logic is flawed.

Inventory Reduction 382

Inventory Reduction Inventory Price Reduction Cost Reduction Strategies 382

Supply Chain Shaman

APRIL 16, 2024

Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. The sad fact is that most planners spend six to seven hours a day in meetings and struggle to get timely information.

Supply Chain Planning Software 217

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

Supply Chain Shaman

FEBRUARY 5, 2020

I use the concept of the “line” to define the differences between S&OP leadership meetings and the work that happens before and after the meeting. The meeting processes are not the main focus. The road map for a successful S&OP process is 60% change management, 30% process definition and 10% technology.

S&OP 316

S&OP Supply and Demand Forecasting Supply Chain Planning Software 316

AIMMS

JULY 10, 2018

Definitely time savings, especially when we’re so busy this time of year. The post Advanced analytics meets social good: how Angel Flight West optimizes flight routes for families in need appeared first on AIMMS - Supply Chain Management, Analytics, and Optimization Blog.

Analytics Software 149

Analytics Software Optimization Software AIMMS Price Mitigation Strategies 149

ToolsGroup

FEBRUARY 7, 2021

Nice to meet you again, Katie. I think it’s more that the idea of sourcing and how to buffer certain inventory will be definitely more localized. So this is definitely something from the supply side, what is the takeaway? But I think it was definitely an interesting year. I think definitely with a general approach.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Supply Chain Shaman

OCTOBER 17, 2018

To help, I set up a series of dinner meetings for Maddy to speak to other manufacturers working on similar problems. By definition, there is a resistance to work together. However, the definitions of data, process and onboarding are very different in each network. Definition of a Supply Chain Operating Network.

Supply Chain Network Software 150

Supply Chain Network Software Supply and Demand Supply Chain Software Manufacturing Procurement 150

Supply Chain Shaman

AUGUST 24, 2020

Start With Definitions. To begin any discussion in this market, the buyer should start with definitions. Definitions. The group meets monthly to discuss and share insights. It is like my flip phone in capability, but moving backward. All solutions, irrespective of capabilities, call themselves a network.

Supply Chain Network Software 326

Supply Chain Network Software Manufacturing Procurement Purchasing Skills Procurement Solutions 326

Loginext

JUNE 10, 2022

The definition of a truly global account manager, meet LogiNext’s Sushant Sood This article is a part of the #WeAreLogiNext series of articles where we focus on people’s journeys that power the company. Engineers often get stuck to the product and technicalities and miss out on the bigger picture. A true engineer is […].

Meeting 52

Meeting Global Company 52

PINC

AUGUST 3, 2020

The problem is that there is no standard definition for OTIF. They noted that a standard definition would significantly reduce discrepancies and confusion and promote collaboration among trading partners,” McKinsey states. A common definition for OTIF would also: Create a common view. So what’s the solution?

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

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. Join us on this exploration as we uncover the definitions hidden within the realm of procurement reports and access free sample reports!

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

DELMIA Quintiq

MAY 17, 2022

Unfortunately, the definitions of S&OP and IBP are often confusing as they seem to be both distinct and overlapping processes. Like all processes that are broad in scope, finding a unified definition can be challenging. Are they truly separate processes and how should organizations factor them into their supply chain strategy?

S&OP 156

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

DELMIA Quintiq

MAY 4, 2021

It is also a classic example of the connection between different industries (such as automotive) where strategies range from collaboration to acquisition as OEMs attempt to plan their own roadmap to capture consumer demand and meet regulatory requirements.

Resource Reduction 296

Resource Reduction Manufacturing Cost Reduction Strategies Supply Chain Design Software 296

Supply Chain Shaman

NOVEMBER 11, 2020

This is true even though we are not clear on the definition of next-generation processes. Business leaders wrap the discussions in pretty platitudes like end-to-end supply chain management, control towers, and customer-centric supply chains, but most are hollow words without clear definitions. The Market Response.

Supply Chain Design Software 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

RFgen

DECEMBER 6, 2018

Companies that are unable to meet the customer expectation for fast order fulfillment risk being left behind in the competitive landscape. 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

DELMIA Quintiq

OCTOBER 15, 2021

This webinar goes through classical steps of Process Engineering in the Part Fabrication domain: MBOM definition, Process Definition, Characteristics management, Shop Floor Documentation, Machine Program validation and delivery while answering to some key business challenges: How to find the best industrial scenario?

Supply Chain Planning Software 156

Supply Chain Planning Software Scenario Planning Agile and Lean Supply Chain Optimization Software 156

Supply Chain Game Changer

APRIL 11, 2019

Here are three ways your eCommerce fulfillment center can help you meet customer expectations for fast and low-cost shipping: Look for a 3PL provider that offers next-day turnaround, or even same-day shipping. The post Understanding E-Commerce Fulfillment: Definition, Process, Resources! Accuracy is vital.

Resource Reduction 53

Resource Reduction Resources Material Savings Inventory Management Software 53

Supply Chain Trend

AUGUST 28, 2023

He argues that the standard meeting-and-decision schedule cannot provide timely strategic responses to disruption, as clearly evidenced by organizational steps during COVID. Instead, Niels offers a new tack centered on an IBP decision squad, whose sole focus is on the critical decisions at hand.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Course Supply Chain Planning 78

CH Robinson Transportfolio

JULY 8, 2021

Customers now expect reliability, speed, and convenience in their small parcel delivery experience and a company’s ability to meet those expectations can even be a source of differentiation. You should consider this while planning your shipping network, locating warehouses, and choosing middle and last mile carrier partnerships.

Cost Reduction Strategies 44

Cost Reduction Strategies Sourcing Strategies Meeting Freight 44

Supply Chain Trend

OCTOBER 20, 2022

S&OE meetings make periodic (weekly) basic cross functional decisions. Demand & Supply Planners, commercial analyst, marketing (NPD) and maybe customer service all join a meeting to discuss issues and their resolutions. It has been defined by Gartner as a top strategic technology trend with the following definition.

Supply Chain Software 109

Supply Chain Software S&OP Material Savings Gartner 109

Supply Chain Shaman

JULY 29, 2017

The term “visibility” lacks a common definition within the industry. Supply chain leaders inherently know that they need greater visibility; but the conversations between buyers and sellers spin due to a lack of definitional alignment. Technology vendors have conflicting definitions. Supply Chain Visibility Gaps.

Supply Chain Network Software 152

Supply Chain Network Software Supply Chain Design Software Modeling Software Analytics Software 152