Enterra Insights

JUNE 6, 2023

Supply Chain Planning and Digital Twins Chap Achen , Vice President of Product Strategy & Operations at Nextuple, explains, “A digital twin allows a business decision-maker to test and validate a complete set of strategies and objectives across teams and make smart decisions that improve the customer experience and maximize profitability.”[1]

Resource Reduction 130

Resource Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 130

Supply Chain Shaman

MAY 9, 2023

The process is not a panacea for the lack of organizational alignment or clarity on strategy. The problem is that few companies have a clear definition of excellence compounded by the lack of clear definition of a business strategy. and there were no respondents that rated their process effective on this definition.

S&OP 330

S&OP Supply and Demand Supply Chain Planning Software Sourcing Strategies 330

ivalua

NOVEMBER 26, 2020

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? While this strategy appears to be a viable solution, as there will be some shortening of supply chains moving forward, it is not realistic to expect that a vast global supply chain network will not continue to exist.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

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. So supply chain is definitely NOT the same as value chain. To avoid conflicting objectives, you need to decide if you want to adopt time-based strategy, low cost strategy or differentiation strategy.

Cost Reduction Strategies 214

Cost Reduction Strategies Vendor Strategies Inventory Reduction Supply Chain Strategy 214

Supply Chain Shaman

DECEMBER 27, 2022

In a recent research project, we found that 2/3 of companies had a digital supply chain transformation strategy; however, those that were evolving their strategy performed better during the early months of the pandemic than those that were “clear” on the project plan for a digital transformation. I know, a head-scratcher.

Supply Chain Software 393

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 393

ModusLink Corporation

OCTOBER 27, 2021

Synergy is a core element present in many successful manufacturing strategies. The synergy effect within a business is the result of mutual interaction between two individual company elements, usually achieved by executing a specific strategy. There are many different manufacturing strategies. Different strategies.

Waste Reduction 78

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 78

Unleashed

FEBRUARY 12, 2024

forklifts, pallet jacks) Packaging materials Transportation within the facility By implementing lean strategies into your processes, you can reduce your holding costs and improve operational efficiency in one fell swoop. This includes: Labour costs for warehouse personnel Equipment maintenance and depreciation (e.g.,

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Supply Chain Shaman

MARCH 21, 2024

We explore the concept of holistic inventory strategies focused on the form and function of inventory. The students learn that there is no definition of end-to-end planning because the current taxonomies for modeling are fragmented. The shift from Inside-out to Outside-in is impossible using a crawl, walk, and run strategy.

Inventory Reduction 389

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

Unleashed

MAY 1, 2023

The definition of inventory control chart is a chart that displays the lifecycle and replenishment factors of a product being sold by a business. The Y axis of an inventory control chart represents order quantities. The X axis represents time. Key features of an inventory control chart: Order size – The quantity of units per order.

Inventory Reduction 52

Inventory Reduction Examples Inventory Inventory Management Software 52

Unleashed

JULY 25, 2023

The cause of either a high or a low inventory turnover rate may also denote problems with your current sales and marketing strategy. If your competitors are offering a lower price, then it’s time to revisit your pricing strategy. Here are 8 strategies for improving your inventory turnover: 1.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Supply Chain Shaman

OCTOBER 31, 2022

What Is A Digital Transformation Strategy? Today, one in two companies has a digital transformation strategy. When I ask this question in a strategy session, I usually get a blank stare. There is no standard definition. Current Focus of Digital Transformation Strategies. I started by stating a definition.

Cost Reduction Strategies 217

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 217

SCMDOJO

FEBRUARY 20, 2023

Therefore, evaluating performance and creating a comprehensive digitalization strategy are essential for a distributor’s success. To maximize efficiency, distributors should adhere to the following set of guidelines for evaluating and planning their supply chain with the strategies mentioned below.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

Supply Chain Shaman

NOVEMBER 15, 2023

When deploying enterprise decision support applications, there are many implementations and lots of hype but few clear and consistent definitions. Based on the Supply Chains to Admire analysis, the first question is: Why do the cost reduction strategies not translate into operating margin improvement against peer groups? The takeaway?

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. Starting With Definitions. Definition of Outside-In Processes. ” I smiled.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Unleashed

AUGUST 20, 2023

There are many definitions for lead time in supply chain management. Effectively managing material lead time involves coordinating with suppliers , maintaining accurate inventory levels, and implementing strategies to mitigate potential delays. Employee empowerment: Empower employees to make quick decisions when faced with challenges.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Supply Chain Shaman

SEPTEMBER 27, 2021

As a result, most projects are not clear in scope, with the implementation of visibility as a “functional extension to existing process” lacking a holistic outside-in approach/strategy to sense, respond, and act. Design an Over-Arching Strategy and Building Blocks. Build a multi-year visibility strategy. Reflection.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

Supply Chain Movement

JANUARY 29, 2016

The answers made me realize I actually don’t know any widely acknowledged definition for IBP. As far as I know there is no agreed standard definition. Because when there is no agreed definition or standard, there are no clear rules. I also prefer the IBP abbreviation as it is a more inclusive definition. and unnecessary.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Planning Scenario Planning S&OP 60

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. Governance.

S&OP 321

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

Supply Chain Shaman

DECEMBER 15, 2022

When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” As an analyst, I am always searching for answers and clear definitions. ” Or “push a shift from a focus on cost to drive value?” False Beliefs.

Manufacturing Procurement 387

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 387

Supply Chain Game Changer

NOVEMBER 13, 2018

So what exactly is the definition of “Supply Chain Management”? But that being said there are still a large number of definitions of “Supply Chain Management” Let’s review some of those definitions here: 10 Definitions of Supply Chain Management! And one more definition for good measure: 11.

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing 72

Supply Chain Shaman

FEBRUARY 26, 2024

Shown in Figure 1 is the definition of the layers of outside-in planning. They implemented a simple planning technology with an outside-in channel-centric model (Ship to model definition). Demand-driven materials requirements planning (DDMRP) is built on an order signal which by definition is inside-out.

Modeling 206

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 206

NC State SCRC

APRIL 2, 2023

1] The definition, structure and scope of an SSC generally are formed first within the enterprise. A Center of Excellence has a more nuanced definition than a shared service, although it bears some common attributes. A ”looser” definition of a COE involves building insights for category management.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

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. Their messaging is generally to an IT audience, assuming that the current definition of the solution footprint (taxonomy) is sufficient.

Supply Chain Planning Software 217

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

Supply Chain Shaman

SEPTEMBER 10, 2023

Craft and execute strategies? 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. This was before the split of Kraft into Mondelēz and Heinz, at the beginning of the implementation of Kraft’s global supply chain strategy. (He

Supply Chain Planning Software 251

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 251

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.” About twice a month, companies ask me to review their strategy documents. I am proud of Clorox.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

Supply Chain Shaman

JANUARY 9, 2024

Many believe that an ex-supply chain exec knows the definition of supply chain excellence. The industry assumes that since the person led a supply chain that they are clear on the definition of supply chain excellence. Here, I share my insights: Companies Struggle with the Definition of Supply Chain. The issue is ubiquitous.

Supply Chain Planning Software 287

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 287

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

Supply Chain Shaman

JUNE 9, 2023

Each box has an optimizer that drives output from a model based on a functional definition using enterprise data. Sales and Operations Planning (S&OP) is no panacea for the lack of clarity of an operating strategy or the absence of product flow design. There is a reason why Excel is the number one planning solution.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

Unleashed

APRIL 4, 2023

Machine learning in supply chain management: Case studies Companies around the world are leaning into the machine learning revolution, introducing machine learning technology in their daily workflows and future strategy planning. We outline some examples of companies using machine learning below.

Case Study 52

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

ToolsGroup

APRIL 3, 2023

The industry is definitely back in action after the sluggishness of Covid, and we’re looking forward to seeing retail gain momentum again. This stems from the expansion of the definition of omnichannel. Our team was delighted to see the positive energy and enthusiasm permeating the whole event. There was a lot to take in.

Inventory Reduction 156

Inventory Reduction Price Reduction Supply Chain Planning Software Forecasting Software 156

DELMIA Quintiq

MAY 15, 2023

Even before the disruptions of the last few years, I would argue that spreadsheets were already out of their depth; today though, it’s definitely time to find a new partner.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Beverage Scenario Planning 156

Kinaxis

JUNE 24, 2016

First of all, S&OP is indeed a process by most academic definitions ( Merriam-Webster Link ), as it follows a series of steps and activities with a particular cycle or cadence. It also supported operational hedging strategies via the supply chain and was used to drive the best financial outcomes. The post What is S&OP?

S&OP 120

S&OP Supply and Demand Inventory Reduction Cost Reduction Strategies 120

Supply Chain Matters

APRIL 15, 2024

Tesla also has its own unique business challenges that includes an aging vehicle line-up and a months long strategy of aggressively cutting vehicle prices to spur demand, which as in- turn impacted vehicle margins. This move is being viewed as a further barometer of an existing tepid plug-in electric-vehicle market global demand environment.

Price Reduction 59

Price Reduction Cost Reduction Strategies Global Supply Chain Strategy 59

ToolsGroup

FEBRUARY 7, 2021

So therefore, I think that companies who were prepared had, let’s say, a multi-channel strategy already present, didn’t struggle that much, and as I said in the introduction, that it was probably not the disaster year. So this is definitely something from the supply side, what is the takeaway? Birger Klinke: Yeah.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Supply Chain Shaman

FEBRUARY 28, 2021

Success happens when the right question is aligned to the right analytical technique with a clear definition of what makes a better decision. A barrier to “out-of-the-box” thinking is getting clear on definitions and gaining clarity on how to align analytical capabilities to solve real-world problems. Having fun yet?

Supply Chain Planning Software 359

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

Supply Chain Shaman

FEBRUARY 5, 2020

Clarity of Strategy. Great S&OP processes start with clarity of strategy. The road map for a successful S&OP process is 60% change management, 30% process definition and 10% technology. Strategy Alignment. Clarity of Definitions. Governance clarity is paramount in the definition of a global supply chain.

S&OP 316

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

BlueYonder

SEPTEMBER 21, 2023

Here at Blue Yonder, we decided to ask our Industry Strategy team which supply chain-related buzzwords they hear regularly are their least favorite and why. Here’s a sampling of their responses: Chirag Modi , Corporate Vice President, Industry Strategy – Supply Chain Execution and 3PL Transformation.

Supply Chain Strategy 69

Supply Chain Strategy Price Reduction Supply Chain Purchasing Skills 69